Anonymous wrote: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.

Not sure if anyone pieced this together (didn't read the entire thread) but Jen Psaki's brother Jeff is high up at Citadel.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Robinhood allowed me to transfer cash to buy AMC and then canceled my AMC order. Can’t take my cash back out for several days.

Hope RH leadership spends time behind bars for this obvious market manipulation.

Except rumor has it that the WH asked them to do it.

Find a better birdie, dear.

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.

Anonymous wrote: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?

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?

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Anonymous wrote:

Anonymous wrote:Robinhood allowed me to transfer cash to buy AMC and then canceled my AMC order. Can’t take my cash back out for several days.

Hope RH leadership spends time behind bars for this obvious market manipulation.

Except rumor has it that the WH asked them to do it.

Find a better birdie, dear.

Anonymous wrote:Robinhood allowed me to transfer cash to buy AMC and then canceled my AMC order. Can’t take my cash back out for several days.

Hope RH leadership spends time behind bars for this obvious market manipulation.

Except rumor has it that the WH asked them to do it.

Anonymous wrote: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.

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?

Statements ^

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.

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?

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).

Anonymous wrote:This goes to show you the power that retail has. Institutions have CONSPIRED to block individual investors from freely making their own decisions to buy stocks in BB, KOSS, GME, AMC, etc. Those stocks are now tanking.

Insanely absurd manipulation. The government needs to investigate all brokerage houses, Citadel, Melvin, etc. for ridiculous securities manipulation. You can't take away the tools of investors just because you don't like the way the market is working against you. Absolutely insane what is going on right now.

Did you read your RH contract bro? Why are you entitled to a free platform?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Bought shares. F#$@ 'em. Front run this.

That's what you don't get. I'm fine eating a 100% loss of it gives me the opportunity to take a swing at the financial elites who tank our economy, exacerbate wealth inequality, who avoid paying taxes, and who constantly get tax payer bailouts.

Great quote when this destroys people's retirements.

If that does in fact happen, perhaps we should start asking why the system seems to destroy people’s retirements over and over and over and over....if it’s not the Reddit kids it’s the investors themselves doing it. The system itself is f-ed.

Or how the banks made a profit of 30 Billion from overdraft fees last year. Breakdown is the banks made over 30 billion from people who literally had no money. F'em all!!!

Yea, so square one: banks are not hedge funds sweetie.

I’m a man

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Bought shares. F#$@ 'em. Front run this.

That's what you don't get. I'm fine eating a 100% loss of it gives me the opportunity to take a swing at the financial elites who tank our economy, exacerbate wealth inequality, who avoid paying taxes, and who constantly get tax payer bailouts.

Great quote when this destroys people's retirements.

If that does in fact happen, perhaps we should start asking why the system seems to destroy people’s retirements over and over and over and over....if it’s not the Reddit kids it’s the investors themselves doing it. The system itself is f-ed.

Or how the banks made a profit of 30 Billion from overdraft fees last year. Breakdown is the banks made over 30 billion from people who literally had no money. F'em all!!!

Yea, so square one: banks are not hedge funds sweetie.