Yea, so square one: banks are not hedge funds sweetie. |
I’m a man |
Did you read your RH contract bro? Why are you entitled to a free platform? |
I hope every single person complaining in this thread voted for Bernie or Warren. if you didn’t, you brought this on yourself.
(Not a voter for Bernie or Warren). |
So is the only way to stop this happening in the future to allow the HF to fail? If our government always bails them out, why would they stop? |
Investor stamens are out.
Times like these can feel chaotic and can make even seasoned investors consider sudden shifts from their well-thought-out plans. We know, over the long term, what’s most important is to rely on traditional disciplines around asset allocation and diversification, tune out the noise to the extent possible, and stick to your long-term goals. |
Statements ^ |
I became disillusioned with the prospects of my “well-thought-out plan” last summer when the market was flying up up up even during massive uncertainty, unemployment, bankruptcies, eviction moratoriums and entire sectors with reduced demand. How can an investor act accordingly when every few years the fed or SEC or other privileged actor makes the rest of us jump through totally unexpected hoops that serve mostly to ensure the security of their own assets? Any reasonable investor looking at stocks this summer would have bet against a quick recovery. Trillions injected into the market and then we are told that there is no more money left for struggling citizens? |
Except rumor has it that the WH asked them to do it. |
Find a better birdie, dear. |
Citron Research @CitronResearch Tom morning at 9am EST Citron will be presenting a major announcement that all individual investors should watch. Free Speech and Cautious Investing to all 10:32 PM · Jan 28, 2021·Twitter Web App |
The only time a hedge fund has been bailed out was in 1998--Long Term Capital Management. Even then it was a group of banks (note I am using that word correctly) that collectively recapitalized it under the auspices of the Federal Reserve. LTCM was liquidated in 2000. Why is everyone confusing hedge funds with banks? |
Robinhood said its decision to restrict trading — which angered many users — was in order to comply with capital requirements mandated by the SEC for broker dealers. |
Not sure if anyone pieced this together (didn't read the entire thread) but Jen Psaki's brother Jeff is high up at Citadel. |
Newly-confirmed Treasury Secretary Janet Yellen received around $810,000 in speaking fees from the hedge fund that bailed out one of the primary losers in the recent Gamestop frenzy. Yellen's financial disclosure shows her making $337,500 for multiple days in Oct. of 2020 from Citadel. She similarly banked $292,500 in October of 2019 and $180,000 in December of that year. |