investment

The investment, by all accounts, has been well worth it for Marks.

A federal judge yesterday handed down the ruling over Hwang’s role in the collapse of Archegos Capital Management, the family investment firm that caused about $10 billion in damages to big Wall Street banks.

Less than two years ago, a small investment firm in New York City accused the company of stock manipulation and accounting fraud in what it called “the largest con in corporate history.”

The discussion ranged widely from the vital role of the Delta’s water in California’s economy to potential alternative investments aimed at boosting the state’s supplies.

While the ships were bigger and more complicated than anything previously attempted by the small Port Glasgow shipyard, the new owners were promising new investment and were confident they could deliver them.