Sofia's Files
She found a former television producer willing to describe how certain guests were pre-booked when Atlas themes needed public oxygen. She found that a market-making affiliate of Atlas had unusually high options routing volume in the relevant windows, though the records were incomplete.
The story still lacked the line that would survive lawyers.
Then Ethan found the trade.
Atlas Meridian itself.
The bank's public image was strength. Its balance sheet was diversified. Its capital ratios looked robust. Analysts praised its advisory franchise and trading revenues. But Ethan noticed a dependency: Atlas's prime brokerage business had extended generous financing to funds crowded into policy-sensitive trades, many of them profitable because of the same
