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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]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?[/quote] 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?[/quote] Most of the people who are involved in this have no idea how any of it works. [/quote] Exactly and yet they’re on here with pitchforks. Typical mob. [/quote] And you’d be an arrogant idiot if you couldn’t see the “mobs” as a clear indicator that we have a problem with inequality-Economic, racial, etc - in this country that is bringing our downfall if it is t addressed promptly — without the haughty, know-it-all commentary. [/quote] PP is so smug. There’s some amazing analysis on Wall Street Bets. You don’t have to work on Wall Street to do your own analysis. But keep thinking it’s all dummies. [/quote]
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