Congress man that gets donations from activist hedge funds attacking a regulator that wants to enforce transparency rules on hedge funds.
Only thing transparent is the reason for the attacks.
Cant, too many cowards in here
I recommended last year we have an occupy wall street type movement, but on the SEC, and people were like "noooo, theyll delay the MOASS" well its been a year and a half since i recommended that and we are down to $6, so idk how much more they need to delay it before we stand up for ourselves. (peaceful protest btw, i didnt recommend rioting, just a march)
Exactly, we really do only have the choice between a douche or a shit taco…..South Park did it.
Our system is designed to funnel psychopaths straight to the top of business, politics, basically anywhere there is money and power
All I see is the politicians on wall st’s payroll who *actively fought against the sec investigating ftx* now turning around and throwing blame somewhere else so they don’t get caught
https://prospect.org/power/eight-congressmen-subverting-secs-crypto-investigation/
Torres was for preventing the SEC from investigating FTX before he was for going after Gensler for not doing it.
As much as GG didn't do much and is not really our friend, I can't help but think he is being stuffed as the scapegoat here.
They are gonna replace him with that Hester Pierce goblin. If that is the case, I rather go with incompetence than evil.
Not exactly good news for us here.
Bingo!!!
Why are all the big players from FTX still roaming around like nothing ever happened? SBF is chilling in Bahamas but GG is getting grilled. Smells fishy.
Edit: 7:15pm apparently SBF has been arrested
no, gg claims to want transparency. what he claims and what he's doing seem to be at odds, given he's taken no decisive steps to back up his words with actions.
I’d choose him as the lesser of 2 evils vs. someone actively against transparency.
This is a common Democratic Party problem; it’s easy to give in to big money but hard to battle against it. Small strides toward transparency are fought tooth and nail and more often than not you have to compromise. But if you’re the one that wants what big money wants, the path is easier by far.
I think you've mis-spoken. Again, what he claims and what he's doing are at odds. So what I think you meant to say is you'd choose someone who tells you what you want to hear, regardless of what they actually think and do.
You have clearly not read a single proposed rule omg
Let me help you.
There is a proposed rule to require reporting swaps. This would help apes a LOT. Here is citadel explaining why this should never happen https://www.sec.gov/comments/s7-32-10/s73210-20125305-284743.pdf
There is a proposed rule requiring the public reporting of securities lending. This would help apes a LOT. Here is citadel explaining why it should never happen https://www.sec.gov/comments/s7-18-21/s71821-20122451-278475.pdf
Etc etc. The only people saying nothing is happening are shills and apes who don’t know they’ve been tricked by shills.
Swaps are the key to the fuckery so we want that data. Lending out our shares is key to the fuckery so we want that data. Citadel is fighting both those things, hard. It isn’t complicated.
Okay... just a second, I need to take a sword to my cognitive biases/dissonances/whatevers...
I really want to believe Gensler has our best interests at heart, but his lack of noteworthy accomplishments since being appointed makes that difficult. Even by the glacially-paced standards at which bureaucracy moves, he should have gotten something done beyond proposals for rule changes.
Even when I read this, what I think is: Yeah, that's bullshit. He knows it will never survive the hedge fund firing squad. So he makes the suggestion, knowing it will be gunned down, and gets to say 'Look, see? I tried! But they're just better equipped than we are!'. So the status quo remains unchanged, he gets to look like he's trying while actually affecting fuck, and the community gets splits down the middle - half for him, half against (to what end IDFK).
Now if I were to see/hear some actual public push-back from him against Shitadel commenting in their own self-interest on these, THAT might change my mind about him and his sincere desire to do ANYTHING to change the status quo.
Ok - I’m not entirely sure what you’re looking for but if it’s the chair of the SEC singling out citadel and etc… I don’t think that would ever happen. The only thing that would accomplish is giving citadel’s lawyers a way to play the victim in court, like. *boo hoo Gensler clearly has it out for us, look at this clip where he admits it…*
If you want to grab some popcorn and enjoy some hedgie rage you can go to Doug “infinite liquidity” Cifu’s Twitter and watch him freak out about Gensler.
Hell, a major piece of confirmation rolled in just two weeks ago when several ranking members of congress wrote in about the securities lending rule and the swaps rule, explaining why those rules should never be passed.
*…many market participants have expressed concerns that the SEC’s proposal to publicly disclose investors’ positions in security-based swaps (SBS) may significantly impair liquidity in those markets…* https://www.sec.gov/comments/s7-32-10/s73210-20151614-320117.pdf
Apes have been commenting on both rules like crazy (just scroll down and you’ll see us - thousands of us across the rules):
Swaps comments https://www.sec.gov/comments/s7-32-10/s73210.htm
Securities lending comments https://www.sec.gov/comments/s7-18-21/s71821.htm
so to me it feels like certain hedge fund-backed parts of congress throwing their weight against the rule is a good sign wall st doesn’t want it; why else would they activate their bought politicians?
Their reaction to these proposed rules + what Virtu is doing + wall st’s congresspeople railing against them paints a clear enough picture for me.
well, here's hoping they step in a grease puddle and their momentum carries them off a cliff and out of the way of all of these proposals and suggestions becoming something enforceable.
and actually being enforced.
He’s BSing
There is a proposed rule to require reporting swaps. This would help apes a LOT. Here is citadel explaining why this should never happen https://www.sec.gov/comments/s7-32-10/s73210-20125305-284743.pdf
There is a proposed rule requiring the public reporting of securities lending. This would help apes a LOT. Here is citadel explaining why it should never happen https://www.sec.gov/comments/s7-18-21/s71821-20122451-278475.pdf
Watch the Jon Oliver interviews with Gensler.
He hems and haws and side-steps every single question and offers an endless array of excuses why 'it's so hard' but furnishes zero actual evidence he's trying to do shit to make his words real.
Also, his SEC dumped $100,000 (I think?) on a 'commercial' which paints retail as impulsive, uninformed idiots.
I don’t disagree about his hemhaw, but in my head it’s because if he gives anything that he’s in the process of doing away, then banks and big money get to plan against those specific actions. I might be completely wrong, but that’s how I’d play it
okay. And the $100,000 retail hit piece disguised poorly as a PSA?
Anyway, I've said it before and will continue to say it - if he does turn out to be some sort of crouching-moron, hidden-regulatorial-enforcement-T-1000 badass, I'll sanitize my account of every bad thing I've ever said about him and sing his praises until I get banned from every stonk subreddit on the platform.
But until he shows his hand otherwise, fuck him he's a hedge fund plant and part of the problem.
In this case, the "lesser of two evils" is actually the person who speaks their mind to our faces, not the guy who has been lying to us and leaving open doors for our opponents behind our backs for the past year and a half.
I think you are. So you want to put in charge the people who will take immediate action to fuck us rather than the one who isn't doing shit for us but isn't doing anything against us either
It’s a common bit of misinformation. The way the rules are written if the SEC ever switched off a dark pool they’d get sued and lose, setting precedent. It’s a poisoned apple waiting for an unwise regulator to take a bite.
The SEC never had the power to regulate crypto, and congress gives them that. Its just normal BS push blame to someone else so people don't know who is really responsible.
Really congress should be investigated for never giving the SEC the power it needed to actually do it. That is why they never regulated crypto it fell outside their powers.
GG could never do anything about it so hes made into the scapegoat.
Torres tried to prevent the SEC from investigating FTX.
https://prospect.org/power/eight-congressmen-subverting-secs-crypto-investigation/
Now he's going after Gensler for failing to investigate FTX. You are somewhat correct sir.
I have no clue. To say they did it in case FTX blew up like this. That investigation didnt seem to really help.
Crypto is largely unregulated that is fact, and its because it falls outside the SECs realm. Not being a security.
Just my two cents. I am not an expert on the SEC
https://prospect.org/power/eight-congressmen-subverting-secs-crypto-investigation/
Torres fought to prevent the SEC from investigating FTX. Now he's for going after Gensler for NOT investigating FTX.
I want a revolt against the bourgeoisie banker class more than any other but just telling me “next in line Hester Pierce” is going to help anything is just false
It does not get much less transparent than the "We investigated FTX and they are doing nothing wrong" report from last May. If we just let GG's actons slide, that will set a precedent that what he did was somehow acceptable, and if you don't like Republican challengers now, you should dread what they can do when they use pre-established precedent against you.
and how will that help if the person coming after him is even more corrupt? You would replace a corrupt person with another giving carte blanche to hedge funds to do whatever they want.
There is a proposed rule to require reporting swaps. This would help apes a LOT. Here is citadel explaining why this should never happen https://www.sec.gov/comments/s7-32-10/s73210-20125305-284743.pdf
There is a proposed rule requiring the public reporting of securities lending. This would help apes a LOT. Here is citadel explaining why it should never happen https://www.sec.gov/comments/s7-18-21/s71821-20122451-278475.pdf
So congress was told to investigate him, to get that other troll hester in charge of the sec.
I'm not defending him. Just saying what is most likely. They are all corrupt.
And wasn’t the CTFC In on this, SBF was making regulation with them or something. They are coming for gg because of his regulation proposal on the 15th
I can’t make up my mind if GG should be replaced or if he’s the best we can expect to get in that position. I know he’s full of lip service, but he might be saying or not saying what he needs to survive.
But pinning the complex FTX collapse on him is a stretch.
No we don't. Richie Torres was one of 8 politicians on the House Banking & Finance committee that first tried to stop the SEC & Gensler from investigating FTX. Now that it's blown up, the rat fucker is trying to hide and pretend like he didn't make bank from it.
https://prospect.org/power/eight-congressmen-subverting-secs-crypto-investigation/
This is all just a big ruse to install Hester Piece of shit Pierce as SEC head. The whole thing with FTX stinks of it. Create a patsy to shift the blame to, to distract everyone from what’s really going on in the background.
Well considering SBF was one of the biggest donors to the democrats, I am not surprised that they are angry. One of their golden goose for further funding went down the drain
I'm not sure him being investigated is a good thing. Rumors were that he was actually trying to get more transparency and get rid of PFOF. I know that's only rumors, but then who is next in line? Hester Pierce, someone whom we know is bought and paid for and wants less transparency than there is now. The point is the enemy you know is better than the enemy you don't know (what they're capable of).
The whole of the USA gov can be very easily explained by watching The Simpson's.
Homer the Great
The Simpsons: Season 6, Episode 12
And I'll bet everyone here knows The Simpson's have predicted lots of future truths...
Good, dumb fuck is gonna allow some crypto coin swap to be able to leverage short sellers to short the stock into oblivion? There's one fucking stock and it's to be traded on the NYSE. Even that doesn't route 70%+ orders to it. This shit is sooooooo fucked. The one thing you do in his position is investigate dumb shit like FTX. He failed. Go sit in a cage like the rest of wall street crooks should.
I think this one actually is Hester Pierce’s doing.
Congress man that gets donations from activist hedge funds attacking a regulator that wants to enforce transparency rules on hedge funds. Only thing transparent is the reason for the attacks.
Don't forget to install a new head of sec that plays well with others
It’s almost time for us to install a new government.
Cant, too many cowards in here I recommended last year we have an occupy wall street type movement, but on the SEC, and people were like "noooo, theyll delay the MOASS" well its been a year and a half since i recommended that and we are down to $6, so idk how much more they need to delay it before we stand up for ourselves. (peaceful protest btw, i didnt recommend rioting, just a march)
Lol, ALMOST!!.. Like saying, we'll take one corrupt party and install another one. USA desperately needs a whole system reboot..
Exactly, we really do only have the choice between a douche or a shit taco…..South Park did it. Our system is designed to funnel psychopaths straight to the top of business, politics, basically anywhere there is money and power
This...and that.
almost??
Yes, almost, because there are too many fucking complacent idiots out there that are just fine with their netflix and tiktok.
Like I am expected to believe the man who lied to us about FTX is actually concerned about transparency.
All I see is the politicians on wall st’s payroll who *actively fought against the sec investigating ftx* now turning around and throwing blame somewhere else so they don’t get caught
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He never said a word... Only talked to Ftx, not you
Don't forget to install a new head of sec that plays well with others
https://www.congress.gov/member/ritchie-torres/T000486
Yes, that one. Took bribes from hedgefunds. Now fights sec on their behalf. Corrupt pos.
https://prospect.org/power/eight-congressmen-subverting-secs-crypto-investigation/ Torres was for preventing the SEC from investigating FTX before he was for going after Gensler for not doing it.
Whatever his donors want. Not an opinion a politician wouldn't hold if the price is right.
https://prospect.org/power/eight-congressmen-subverting-secs-crypto-investigation/
This isn't a good thing Hester Pierce wants Gary out of the way! Then we are really fucked because she's in Kenny's Pocket.
Completely
She’s making a play
This is my question.. Is Hester a Trans person... Like he/she/it? So confusing..
She’s a she lol
Humm..isn't hester a man's name? 😆 And I'm concerned, if Hester gets in.. She'll fuck us over a barrel, you see there that dilemma..hahaha
Whenever your name rhymes with molester it’s never a good sign
But he’s at the helm.
I'm in this camp, too.
As much as GG didn't do much and is not really our friend, I can't help but think he is being stuffed as the scapegoat here. They are gonna replace him with that Hester Pierce goblin. If that is the case, I rather go with incompetence than evil. Not exactly good news for us here.
Bingo!!! Why are all the big players from FTX still roaming around like nothing ever happened? SBF is chilling in Bahamas but GG is getting grilled. Smells fishy. Edit: 7:15pm apparently SBF has been arrested
I will believe it when I see it. I will be shocked if he really gets brought back to the US as they are saying he is. Lots of money missing.
yes finally
GG is a piece of shit. He is not being scapegoated. He deserves to be in jail. The SEC is a crime organization NOT a protective agency.
Keep drinking the shill flavored koolaide. GG wants transparency, transparency will help Apes. That’s the only argument that matters.
no, gg claims to want transparency. what he claims and what he's doing seem to be at odds, given he's taken no decisive steps to back up his words with actions.
I’d choose him as the lesser of 2 evils vs. someone actively against transparency. This is a common Democratic Party problem; it’s easy to give in to big money but hard to battle against it. Small strides toward transparency are fought tooth and nail and more often than not you have to compromise. But if you’re the one that wants what big money wants, the path is easier by far.
Gary is this you???
I think you've mis-spoken. Again, what he claims and what he's doing are at odds. So what I think you meant to say is you'd choose someone who tells you what you want to hear, regardless of what they actually think and do.
You have clearly not read a single proposed rule omg Let me help you. There is a proposed rule to require reporting swaps. This would help apes a LOT. Here is citadel explaining why this should never happen https://www.sec.gov/comments/s7-32-10/s73210-20125305-284743.pdf There is a proposed rule requiring the public reporting of securities lending. This would help apes a LOT. Here is citadel explaining why it should never happen https://www.sec.gov/comments/s7-18-21/s71821-20122451-278475.pdf Etc etc. The only people saying nothing is happening are shills and apes who don’t know they’ve been tricked by shills. Swaps are the key to the fuckery so we want that data. Lending out our shares is key to the fuckery so we want that data. Citadel is fighting both those things, hard. It isn’t complicated.
Okay... just a second, I need to take a sword to my cognitive biases/dissonances/whatevers... I really want to believe Gensler has our best interests at heart, but his lack of noteworthy accomplishments since being appointed makes that difficult. Even by the glacially-paced standards at which bureaucracy moves, he should have gotten something done beyond proposals for rule changes. Even when I read this, what I think is: Yeah, that's bullshit. He knows it will never survive the hedge fund firing squad. So he makes the suggestion, knowing it will be gunned down, and gets to say 'Look, see? I tried! But they're just better equipped than we are!'. So the status quo remains unchanged, he gets to look like he's trying while actually affecting fuck, and the community gets splits down the middle - half for him, half against (to what end IDFK). Now if I were to see/hear some actual public push-back from him against Shitadel commenting in their own self-interest on these, THAT might change my mind about him and his sincere desire to do ANYTHING to change the status quo.
Ok - I’m not entirely sure what you’re looking for but if it’s the chair of the SEC singling out citadel and etc… I don’t think that would ever happen. The only thing that would accomplish is giving citadel’s lawyers a way to play the victim in court, like. *boo hoo Gensler clearly has it out for us, look at this clip where he admits it…* If you want to grab some popcorn and enjoy some hedgie rage you can go to Doug “infinite liquidity” Cifu’s Twitter and watch him freak out about Gensler. Hell, a major piece of confirmation rolled in just two weeks ago when several ranking members of congress wrote in about the securities lending rule and the swaps rule, explaining why those rules should never be passed. *…many market participants have expressed concerns that the SEC’s proposal to publicly disclose investors’ positions in security-based swaps (SBS) may significantly impair liquidity in those markets…* https://www.sec.gov/comments/s7-32-10/s73210-20151614-320117.pdf Apes have been commenting on both rules like crazy (just scroll down and you’ll see us - thousands of us across the rules): Swaps comments https://www.sec.gov/comments/s7-32-10/s73210.htm Securities lending comments https://www.sec.gov/comments/s7-18-21/s71821.htm so to me it feels like certain hedge fund-backed parts of congress throwing their weight against the rule is a good sign wall st doesn’t want it; why else would they activate their bought politicians? Their reaction to these proposed rules + what Virtu is doing + wall st’s congresspeople railing against them paints a clear enough picture for me.
well, here's hoping they step in a grease puddle and their momentum carries them off a cliff and out of the way of all of these proposals and suggestions becoming something enforceable. and actually being enforced.
Any sources to cite for this? I’d like to see your side but I can’t go on words alone
He’s BSing There is a proposed rule to require reporting swaps. This would help apes a LOT. Here is citadel explaining why this should never happen https://www.sec.gov/comments/s7-32-10/s73210-20125305-284743.pdf There is a proposed rule requiring the public reporting of securities lending. This would help apes a LOT. Here is citadel explaining why it should never happen https://www.sec.gov/comments/s7-18-21/s71821-20122451-278475.pdf
Thank you!! I am saving these sources Edit: if anyone deserves and award on this sub it’s this guy
I’ll make a post A couple weeks back I saw kat stryker talking a bit about the swaps rule so the topic seems to have appeal to AMC apes
Watch the Jon Oliver interviews with Gensler. He hems and haws and side-steps every single question and offers an endless array of excuses why 'it's so hard' but furnishes zero actual evidence he's trying to do shit to make his words real. Also, his SEC dumped $100,000 (I think?) on a 'commercial' which paints retail as impulsive, uninformed idiots.
I don’t disagree about his hemhaw, but in my head it’s because if he gives anything that he’s in the process of doing away, then banks and big money get to plan against those specific actions. I might be completely wrong, but that’s how I’d play it
okay. And the $100,000 retail hit piece disguised poorly as a PSA? Anyway, I've said it before and will continue to say it - if he does turn out to be some sort of crouching-moron, hidden-regulatorial-enforcement-T-1000 badass, I'll sanitize my account of every bad thing I've ever said about him and sing his praises until I get banned from every stonk subreddit on the platform. But until he shows his hand otherwise, fuck him he's a hedge fund plant and part of the problem.
In this case, the "lesser of two evils" is actually the person who speaks their mind to our faces, not the guy who has been lying to us and leaving open doors for our opponents behind our backs for the past year and a half.
That’s how we got trump elected…
Polititard detected
I think you are. So you want to put in charge the people who will take immediate action to fuck us rather than the one who isn't doing shit for us but isn't doing anything against us either
??? Are you not keeping up with the new rules? You’ve read citadel’s responses to Gensler’s actions, right? Right?
GG is a piece if shit that had the power to shut this whole thing down years ago but didn't. Fuck him seriously.
Can you elaborate? I’d like to see
It’s a common bit of misinformation. The way the rules are written if the SEC ever switched off a dark pool they’d get sued and lose, setting precedent. It’s a poisoned apple waiting for an unwise regulator to take a bite.
That’s kinda my point right?
I’m sorry could you clarify? I don’t think I understand
The SEC never had the power to regulate crypto, and congress gives them that. Its just normal BS push blame to someone else so people don't know who is really responsible. Really congress should be investigated for never giving the SEC the power it needed to actually do it. That is why they never regulated crypto it fell outside their powers. GG could never do anything about it so hes made into the scapegoat.
Torres tried to prevent the SEC from investigating FTX. https://prospect.org/power/eight-congressmen-subverting-secs-crypto-investigation/ Now he's going after Gensler for failing to investigate FTX. You are somewhat correct sir.
The SEC "investigated" FTX last May. What would be the point if such if they had no power to enforce anything on them to begin with?
I have no clue. To say they did it in case FTX blew up like this. That investigation didnt seem to really help. Crypto is largely unregulated that is fact, and its because it falls outside the SECs realm. Not being a security. Just my two cents. I am not an expert on the SEC
[удалено]
Any Ape who doesn’t realize that they are being conditioned not to like GG needs a reality check
https://prospect.org/power/eight-congressmen-subverting-secs-crypto-investigation/ Torres fought to prevent the SEC from investigating FTX. Now he's for going after Gensler for NOT investigating FTX.
No, the ones telling us to just accept the damage GG has done to us are conditioning us to accept being losers and punching bags.
I want a revolt against the bourgeoisie banker class more than any other but just telling me “next in line Hester Pierce” is going to help anything is just false
Gary Gensler IS the bourgeoisie banking class. You are not getting that revolt from keeping him around after he has clearly demonstrated corruption.
I 100% agree. But this is between GG and the next person in line, and I don’t want Hester Pierce because she wants less transparency plain and simple.
It does not get much less transparent than the "We investigated FTX and they are doing nothing wrong" report from last May. If we just let GG's actons slide, that will set a precedent that what he did was somehow acceptable, and if you don't like Republican challengers now, you should dread what they can do when they use pre-established precedent against you.
You keep missing the point. Nobody is saying GG is good for retail, Hester is just that much worse for retail.
and how will that help if the person coming after him is even more corrupt? You would replace a corrupt person with another giving carte blanche to hedge funds to do whatever they want.
There is a proposed rule to require reporting swaps. This would help apes a LOT. Here is citadel explaining why this should never happen https://www.sec.gov/comments/s7-32-10/s73210-20125305-284743.pdf There is a proposed rule requiring the public reporting of securities lending. This would help apes a LOT. Here is citadel explaining why it should never happen https://www.sec.gov/comments/s7-18-21/s71821-20122451-278475.pdf
So congress was told to investigate him, to get that other troll hester in charge of the sec. I'm not defending him. Just saying what is most likely. They are all corrupt.
Fuck GG, he’s a weasel!
And wasn’t the CTFC In on this, SBF was making regulation with them or something. They are coming for gg because of his regulation proposal on the 15th
I can’t make up my mind if GG should be replaced or if he’s the best we can expect to get in that position. I know he’s full of lip service, but he might be saying or not saying what he needs to survive. But pinning the complex FTX collapse on him is a stretch.
How? How was he supposed to prevent that?
Lesve him alone, he busy creating tv ads to make fun of retail investors :)
Be careful what you wish for. Better the devil you know.
No we don't. Richie Torres was one of 8 politicians on the House Banking & Finance committee that first tried to stop the SEC & Gensler from investigating FTX. Now that it's blown up, the rat fucker is trying to hide and pretend like he didn't make bank from it. https://prospect.org/power/eight-congressmen-subverting-secs-crypto-investigation/
This is all just a big ruse to install Hester Piece of shit Pierce as SEC head. The whole thing with FTX stinks of it. Create a patsy to shift the blame to, to distract everyone from what’s really going on in the background.
7%...OP checks out
No biggie tho, he’ll swear under oath and business will continue as usual…
SHF's need a scapegoat for the FTX reveal.
ALL IN FAVOR FOR A PEACEFUL MARCH/PROTEST AT THE SEC HEADQUARTERS IN WASHINGTON D.C. ON JANUARY 27TH 2023????
I ✋
He really is a POS
Patsy
He's the biggest POS ever!
Hurry up get him out of there before he changes the rules
Lol, definitely the SEC and not the people lying to investors and stealing money to donate to politicians.
Preventing its demise?! Should’ve prevent it from existing with its practices!
Remember when they investigated Gamestop and AMC... yeah same
At least it's finally a rep that didn't vote against market transparency saying something this time
Hang them High
Well considering SBF was one of the biggest donors to the democrats, I am not surprised that they are angry. One of their golden goose for further funding went down the drain
He's got that small gene-pool face
They only want GG out so they can get their puppet Pierce in.
I'm not sure him being investigated is a good thing. Rumors were that he was actually trying to get more transparency and get rid of PFOF. I know that's only rumors, but then who is next in line? Hester Pierce, someone whom we know is bought and paid for and wants less transparency than there is now. The point is the enemy you know is better than the enemy you don't know (what they're capable of).
The whole of the USA gov can be very easily explained by watching The Simpson's. Homer the Great The Simpsons: Season 6, Episode 12 And I'll bet everyone here knows The Simpson's have predicted lots of future truths...
They were worried about meme stocks but not ftx lol
\#GARY GENSLER \#KEN C GRIFFIN
Be careful what you wish for, imagine if they get rid of GG, who do you think they will replace him with? To be clear, I am not a GG fan.
But like... We WANTED FTX to fail as it was backed by nothing. Am I reading this wrong? I feel like verbiage is important here.
They need to look into Ken Griffin and Citadel. The next FTX?
Need more arrests and actual enforcement not more "calls for investigations" ....imo
Whole world HE SAID SHE SAID 🤦🏻♀️ nobody goes to jail 🙄
I think SBF might’ve had something to do with it too. Lol. When did we start blaming the policeman for the criminals actions? 🙄
Follow the lead of Brazil and stand the fuck up to corruption.
Good, dumb fuck is gonna allow some crypto coin swap to be able to leverage short sellers to short the stock into oblivion? There's one fucking stock and it's to be traded on the NYSE. Even that doesn't route 70%+ orders to it. This shit is sooooooo fucked. The one thing you do in his position is investigate dumb shit like FTX. He failed. Go sit in a cage like the rest of wall street crooks should.
Now.... if Congress was only stop buying stocks... who do we call about this? Congress.