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Redditors gave Wall Street traders an absolute pasting


monkeytassle said:
I'm trying to highlight the fact people know very little yet are so forceful in their views.
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People know what they are talking about sometimes they just disagree with you. Citadel have only recently become 2 formal entities. Clearly there was previously and is a firewall/ring fencing between them but if that’s taken prima face as a reason never to question unusual behaviour then you may as well just do away with f***ing SEC altogether :lol:

The question here is is their a conflict of interest that influenced Robinhoods unusual decision to limit purchasing specific shares and does that warrant investigation. I’d of thought as a senior banker you would support the role of the regulators in establishing that.

Your argument seems to be because Citadel are 2 legal enterties we shouldn’t question any other links, potential motivations or vested interests that any party may have had or might influence Robinhoods decision.
 
MonkeyLove said:
People know what they are talking about sometimes they just disagree with you. Citadel have only recently become 2 formal entities. Clearly there was previously and is a firewall/ring fencing between them but if that’s taken prima face as a reason never to question unusual behaviour then you may as well just do away with f***ing SEC altogether :lol:

The question here is is their a conflict of interest that influenced Robinhoods unusual decision to limit purchasing specific shares and does that warrant investigation. I’d of thought as a senior banker you would support the role of the regulators in establishing that.

Your argument seems to be because Citadel are 2 legal enterties we shouldn’t question any other links, potential motivations or vested interests that any party may have had or might influence Robinhoods decision.
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No they haven't. Securities was formed 20 years ago.
 
monkeytassle said:
No they haven't. Securities was formed 20 years ago.
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They restructured further a few years ago. Prior to that their was closer integration and a Chinese Wall between the 2 main entities according to this...

You must be logged on to see external links
 
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Now we've got the Robinhooders moving to BTC on Coinbase......

....and Coinbase has gone down :lol:

'help, Coinbase is freezing withdrawals'

'the hedge funds have got at Coinbase.'

'BTC is on fire and I can't trade'
 
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sedling said:
Now we've got the Robinhooders moving to BTC on Coinbase......

....and Coinbase has gone down :lol:

'help, Coinbase is freezing withdrawals'

'the hedge funds have got at Coinbase.'

'BTC is on fire and I can't trade'
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BTC price is fairly static today?
 
At current share price the hedge funds are on the hook for about 30 billion dollars! Surely they will just file for bankruptcy

That’s a shitload of money and I don’t think the risk of a million or 2 fine and an odd fall guy here or there is going to stop them behaving illegally.
 
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Market Where? said:
At current share price the hedge funds are on the hook for about 30 billion dollars! Surely they will just file for bankruptcy

That’s a shitload of money and I don’t think the risk of a million or 2 fine and an odd fall guy here or there is going to stop them behaving illegally.
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Aren't these hedge funders more or less a pack of hyena's who enjoy making money out of other peoples misery ? If that's the case I hope they go bust and lose every last penny they have.
 
Market Where? said:
At current share price the hedge funds are on the hook for about 30 billion dollars! Surely they will just file for bankruptcy

That’s a shitload of money and I don’t think the risk of a million or 2 fine and an odd fall guy here or there is going to stop them behaving illegally.
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Who has behaved illegaly?
Market Where? said:
You can guarantee the fuckers will be offshoring assets left right and Centre and will then file for bankruptcy
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Don't you work in finance?
 
RestlessNatives said:
I've no idea who this bloke is but an explanation for those who can be bothered to read it.
You must be logged on to see media items
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fuck me that's old school15 years ago i was doing trades based on milliseconds
btw isn't this the same as when volkswagon/porsche ? got wind they were being shorted bought all the shares and completely butt fucked the hedge funds
 
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