Started By
Message

The Face of Scum: Interactive Broker's Chairman Thomas Peterffy on CNBC

Posted on 1/28/21 at 4:58 pm
Posted by goofball
Member since Mar 2015
16869 posts
Posted on 1/28/21 at 4:58 pm
Wanted to post this to the OT as some of you were locked out of buying shares (but not sell) in some stocks on your subscribed trading platform today. Meet the man that locked many of you out because of "concern" that brokerage firms won't meet their margin calls.

CNBC

This guy is a criminal and all but admitted to it on CNBC.

He stated that he's afraid the brokers won't meet the margin calls, so he shut down the ability for investors (his customers) to buy. This guy should have been arrested immediately after this interview. He also claims that short squeezes like what happened to GME are illegal.

If you are interested in the face of crony capitalism, look at the interview. This is your adversary.
This post was edited on 1/28/21 at 5:03 pm
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41154 posts
Posted on 1/28/21 at 5:03 pm to
frick that guy. Everyone on CNBC has been melting all week and it’s been glorious. frick those people.
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 1/28/21 at 5:05 pm to
CNBC and Fox Business and all of these other frickheads are running shade for the elite class of people in this nation.

Propaganda, lies, and manipulation is all they know
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 1/28/21 at 5:05 pm to
quote:

The Face of Scum: Interactive Broker's Chairman Thomas Peterffy on CNBC


Be nice if you actually posted his face.
Posted by slackster
Houston
Member since Mar 2009
85010 posts
Posted on 1/28/21 at 5:06 pm to
Once again, some of y’all don’t understand the dynamics of all of this.

Robinhood has drawn on multiple credit lines today. If you think they’re fricking you by stopping trades, wait until you see how difficult it will be to trade if they fail.

ETA- this isn’t a hedge fund problem.
This post was edited on 1/28/21 at 5:21 pm
Posted by High C
viewing the fall....
Member since Nov 2012
53843 posts
Posted on 1/28/21 at 5:11 pm to
quote:

Be nice if you actually posted his face.


Whatever you do, don’t...click...the link.
Posted by NotoriousFSU
Atlanta, GA
Member since Oct 2008
10232 posts
Posted on 1/28/21 at 5:12 pm to
Anyone still trading on RH after this farce is a cuck.
Posted by ZZTIGERS
Member since Dec 2007
17092 posts
Posted on 1/28/21 at 5:14 pm to
Posted by dewster
Chicago
Member since Aug 2006
25372 posts
Posted on 1/28/21 at 5:18 pm to
He’s looking after the big firms that are getting their asses handed to them. Some are having to borrow to handle the margin calls.
Posted by Flashback
reading the chicken bones
Member since Apr 2008
8315 posts
Posted on 1/28/21 at 5:18 pm to
Wall street got some of their own meds and had it stopped. These are the same motherfrickers that trade after hours when us common folk cant. They deserved to be reamed.
Posted by NYNolaguy1
Member since May 2011
20901 posts
Posted on 1/28/21 at 5:18 pm to
So a giant hedge fund might go under because they made bad financial bets?

Perhaps they should make better financial decisions.

This reeks again of "too big to fail" mixed in with "we protect our own".
Posted by slackster
Houston
Member since Mar 2009
85010 posts
Posted on 1/28/21 at 5:20 pm to
quote:

So a giant hedge fund might go under because they made bad financial bets?


Idgaf about hedge fund failures. Screw Melvin Capital, I’m all for it. I’m talking about the rules and regulations that a firm like Robinhood has to follow.

Posted by Ronaldo Burgundiaz
NWA
Member since Jan 2012
6554 posts
Posted on 1/28/21 at 5:35 pm to
Posted by O P Walker
Birmingham
Member since Oct 2018
473 posts
Posted on 1/28/21 at 5:38 pm to
Look at that nose
Posted by JackieTreehorn
Malibu
Member since Sep 2013
29110 posts
Posted on 1/28/21 at 5:42 pm to
They better buckle their old fat asses up. It’s war now and I’d place my bets on the neck beards.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80782 posts
Posted on 1/28/21 at 6:01 pm to
Burn the whole fricking system down
Posted by Modern
Fiddy Men
Member since May 2011
16877 posts
Posted on 1/28/21 at 6:08 pm to
Never underestimate the power of the common folk/middle class....

They got served a huge reality check.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80782 posts
Posted on 1/28/21 at 6:13 pm to
quote:

Robinhood has drawn on multiple credit lines today. If you think they’re fricking you by stopping trades, wait until you see how difficult it will be to trade if they fail.

Good, really hope they get fricked into oblivion
Posted by Commandeaux
Zachary
Member since Jul 2009
7292 posts
Posted on 1/28/21 at 6:24 pm to
Cant trade stocks...can’t sell dope...what the frick can you do in this country.
Posted by dewster
Chicago
Member since Aug 2006
25372 posts
Posted on 1/28/21 at 6:52 pm to
quote:

Never underestimate the power of the common folk/middle class....


They are going to pressure big tech will shut down the forums and social media accounts of people talking about anything that could threaten the market positions held by the Wall Street establishment.

And big tech will do it. Because they are scumbags.
first pageprev pagePage 1 of 2Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram