Posted on 01/29/2021 6:34:26 AM PST by Red Badger
Fueled by the “WallStreetBets” Reddit forum, GameStop’s market value has risen over 466% this week.
Thursday morning, Robinhood, one of the top free trading apps, put restrictions on trading $GME (GameStopCorp.) This action was immediately met with backlash across the internet. One Reddit user, Odin19199, claiming to be an employee of Robinhood, stated that the company was pressured to halt GameStop trading by Sequoia Capital and the White House. These allegations have not been independently confirmed by Breaking911.
In the post, he alleges that he overheard that “Vladimir, yes founder Vladimir [Tenev], and the C-Suite, received calls from Sequoia Capital and the White House that pressured into closing trading on GME.”
The user then goes on to state that he has information and documentation regarding the situation that he is planning to provide to Project Veritas and lawyer Glen Greenwald.
The newly-confirmed Treasury Secretary, Janice Yellen, has financial ties to one of the hedge funds that came to the aid of Melvin Capital, one of the companies that saw large losses after GameStop’s market surge. Yellen’s financial disclosure shows her receiving around $800,000 from Citadel for speaking fees.
White House Press Secretary, Jen Psaki, stated on Wednesday that Yellen is ‘monitoring’ the GameStop stock situation.
New York Attorney General, Letitia James, released a statement Thursday announcing that “we are aware of concerns raised regarding activity on the Robinhood app,” and that “we are reviewing the matter.”
Thanks Ping!.........................
IMPEACH SleepyJoe and SleezyHo
Arkancide 5-4-3-2-1....
Since the curtain has been lifted, and now Wall Street has publicly Admitted through their actions, that is is all one big FRAUD against the American People.
What would happen if 100 million Americans SOLD ALL STOCKS AND BONDS and CLOSED their Investment Accounts.
Should Americans remain in an ADMITTEDLY RIGGED System??
Crash? Instant Detonation for ALL of Wall Street??
Looks like they just did...looking at Yahoo.
Our new Treasury secretary took money for “speaking fees” from one of the hedge funds involved in all this. Not a good look, but perfect for being chosen and installed in this new admin.
What does Bien’s SEC chief have to say? Anything?
Vive la France
To borrow a quote from the great Michael Baxter of ODM
“Capitalism works...but only in a functioning democracy.”
Last November proved that our democracy is no longer functioning.
Their scam has been exposed and they do not like it one bit.
Did you think that those hedge funds gave all that money to the Democrats because they loved America?
So they paid her 80,000 in protection money. She has to recuse herself, where is the SEC chief on all of this?
How dare we lowly serfs attempt to play their game!
Add to that 51 million Chase and 66 million BofA customers move to small local banks.
...Hat TIP to HangnJudge!...................
If the call was recorded, it is GAME ON
Since the MSN is all BS all the time and anyone from anywhere can put up a pile of BS.
There is no way to verify the information.
We live inside of a ‘Truth and Lies Logic Puzzle’.
My personal BS detector is flashing BS on this one.
Thou shalt not hunt the King’s deer.
Thou shalt not interfere with the King’s Stock trades...............
Phone logs.............................
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