Nobody “made” money here . Ask yourself: who was on the other side of the bet? Pension funds? Retail investors? Insurance companies?
This was a brazen act of highway robbery. There’s a reason SEC is supposed to pursue insider trading. Once the trust in the system is lost, the whole thing folds like a wet deck of cards. Supposed to, but they won’t do a damn thing about this.
You can’t park this at the door of a single individual. This is systemic grift. Fuck the party of law and order.
Scott Galloway talked on his podcast this week about unusual trade activity around Apple stock, just an absurd amount of trades that he noticed within a ten-minute window last week, and you can’t tell me Trump and his golf buddies didn’t send out a message on a Signal group chat that now was the time to buy and sell.
It would sure be swell if this wasn’t possible. This minorty is doing far and away most damage in the world, on all fronts. Get rid of the 1% and prosper!
Wow, they’re really adding value and innovation and creating jobs…
Robber barons at “work.”
Can someone just sue these rich assholes since the DOJ, Congress and the SCOTUS won’t hold them accountable?
More crimes from a criminal. He’s bankrupting the biggest casino in the world. Americans got scammed when they gave up their pensions and were forced into allowing Wall Street to gamble with our future. Privatization of more government services is just another Wall Street scam in the ponzi scheme that has become America.
