James Park, a professor at UCLA Law School, discusses how the spectacular collapse of Archegos Capital Management led to charges against its founder Bill Hwang and its chief financial officer, Patrick Halligan.

Audrey Anderson, who heads the higher education practice at Bass, Berry & Sims PLC, discusses a divided Supreme Court letting a selective Northern Virginia public school keep using an admissions policy adopted to add more racial and socioeconomic diversity to its student body.

June Grasso hosts.