“There’s nothing illegal that the wallstreetbets crew is doing.”
Watch the regulatory Swamp Men try to change the rules to benefit their Wall Street Cronies.
When hedge fund scumbags get free airtime on CNBC to announce their shorts and talk down targets, that’s sacred free speech and capitalism.
when auteurs on WSB do it, it’s “illegal conspiracy market manipulation.”
That's pretty much what Frenkels' rant is about.
“Watch the regulatory Swamp Men try to change the rules to benefit their Wall Street Cronies.”
They are already talking about doing that today. And wallstreetbets.com has been shut down.