As usual, Democrat Senator Elizabeth Warren exposes herself as a fake and a fraud. Pretending to be a fighter for working people, she will now “fight” for regulations to protect Wall Street under the guise of protecting you.
She calls retail investing ‘Internet Trading Schemes'” So, it’s ok when the hedge funds that fill her pockets gamble away our economy and make billions in the stock market but it’s not ok for “the plebs” to make money too?
When Disgraced globalists and billionaires’ work and destroy a lot of small investors or those small fish trying to surf the wave, EVERYONE SAYS NOTHING.
“Casino-like swings in stock prices of GameStop reflect wild levels of speculation that don’t help GameStop’s workers or customers and could lead to market instability. Today I told the SEC to explain what exactly it’s doing to prevent market manipulation.”–Elizabeth Warren.
But we thought your people liked Casinos?
Sara says
Warren using the word fraud.
Drop dead
MJM says
Sen. Warren is making a play to host SNL I think. Reddit users decide to make money and begin a new position on Game Stop. Hedge Fund managers who were driving the value of Game Stop down had to begin to face losses. More traders who wanted to make money took additional positions at Game Stop and Fund managers began to lose more money. Robin Hood and Hedge Fund managers then took a new position for themselves called regulator which is not their prerogative and they stopped all trading in Game Stop. This so they could gain backing to help cover their losses and devise a plan to stop the purchasing onslaught. So we learned that Fund Mgrs. are allowed to ruin companies and drive their value down to make money, but when investors want to drive the value up and make money that is not allowed. Sounds like cancellation of the free market. Well, actually exposing that free market never existed but was just proven. Do we expect Janet Yellin to correct the issue ? HA HA HA HA HA…When donkeys fly !