Started By
Message

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

Posted on 1/28/21 at 6:57 pm to
Posted by Modern
Fiddy Men
Member since May 2011
16880 posts
Posted on 1/28/21 at 6:57 pm to
quote:

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.


“Cut off one head, and two more shall take its place"

Hail Hydra
Posted by dewster
Chicago
Member since Aug 2006
25395 posts
Posted on 1/28/21 at 7:04 pm to
quote:

Cut off one head, and two more shall take its place"


Which will lose hosting from AWS or Azure....

Haven’t you learned anything from the past month?
This post was edited on 1/28/21 at 7:05 pm
Posted by Jack Bauers HnK
Baton Rouge
Member since Jul 2008
5728 posts
Posted on 1/28/21 at 7:16 pm to
quote:

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.


Can you explain what this means and why not allowing further purchases of GME is in the best interests of those that would otherwise want to buy it? How does Robin Hood fail by letting the hedge funds that bet badly on GME fail?
Posted by Taxing Authority
Houston
Member since Feb 2010
57387 posts
Posted on 1/28/21 at 7:22 pm to
quote:

ETA- this isn’t a hedge fund problem.
Its been a great real-time observation on how propaganda works. The autists have been told and are parroting “we’re sticking g it to hedge funds!” with zero idea of what’s they are actually doing—or to whom.

There were some really nice regulatory roll backs scheduled in March to help small investors. Almost certain to get shelved because of this.
Posted by BlackCoffeeKid
Member since Mar 2016
11739 posts
Posted on 1/28/21 at 7:27 pm to
quote:

There were some really nice regulatory roll backs scheduled in March to help small investors. Almost certain to get shelved because of this.

quote:

by Taxing Authority

Honestly kind of checks out
Posted by Misnomer
Member since Apr 2020
3451 posts
Posted on 1/28/21 at 7:35 pm to
quote:

Look at that nose


What a punchable face.


Posted by tigerpawl
Can't get there from here.
Member since Dec 2003
22370 posts
Posted on 1/28/21 at 7:39 pm to
What did I just watch? One big word salad.
Posted by Arthur Bach
Member since Jul 2016
2018 posts
Posted on 1/28/21 at 7:41 pm to
Cool, before the nonsense started and I was working my arse off I had an IB account. Now I know I’ll never need to use it again. I’m living paycheck to paycheck, but I used them for low commissions, but he just laughed at any repercussions.

That laugh that says: Not one person went to jail during the financial crisis that was still haven’t fully recovered from. You think us brokers give a shite about the average person?
Posted by Old Money
Member since Sep 2012
36529 posts
Posted on 1/28/21 at 7:42 pm to
They're always "worried" about the retail investor. frick them
Posted by Arthur Bach
Member since Jul 2016
2018 posts
Posted on 1/28/21 at 7:46 pm to
I just called and it’s a 2 hour wait time for TD Ameritrade. No money in my acct, but figured I would see what’s up.,
Posted by TigeRoots
Member since Oct 2008
8505 posts
Posted on 1/28/21 at 8:00 pm to
19.5 B Net Worth yet still greedy enough to stick it to the retail investor at any turn. Eliminate the middle class.
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18315 posts
Posted on 1/28/21 at 8:11 pm to
quote:

this isn’t a hedge fund problem.


Yea it is. They should’ve closed out there positions awhile back so they didn’t screw over brokers
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
261685 posts
Posted on 1/28/21 at 8:13 pm to
quote:

This reeks again of "too big to fail" mixed in with "we protect our own".



Gotta start letting these businesses fail. Nothing changes until Wall Street and politicians are allowed to reap what they sow.
Posted by GreatLakesTiger24
One State Solution
Member since May 2012
55854 posts
Posted on 1/28/21 at 8:18 pm to
My issue is less with robinhood shutting things down and more with CSNBC et al rushing to save the hedge fund with suit guests and misleading headlines
Posted by MimosaRouge
Member since Jun 2020
374 posts
Posted on 1/28/21 at 8:20 pm to
He looks like the old man version of this toddler

Posted by slackster
Houston
Member since Mar 2009
85138 posts
Posted on 1/28/21 at 8:48 pm to
quote:

My issue is less with robinhood shutting things down and more with CSNBC et al rushing to save the hedge fund with suit guests and misleading headlines



CNBC has had plenty of guests defending the squeeze too, but yes, their overall tone has been negative towards the action.
first pageprev pagePage 2 of 2Next pagelast page
refresh

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