4 ms·
I don't see any overlap between Google's executive board and Robinhood, but it's a small world among power players at that level. Someone could have called in a
by argomo 6y ago
I don't see any overlap between Google's executive board and Robinhood, but it's a small world among power players at that level. Someone could have called in a favor (or been trying to curry one).
Without more information, it's hard to say whether this was a good faith move by Google, reflexive algorithmic moderation, or another example of American extractionalism.
- tinyhouse 6y agoPlease, some common sense. Google is one of the wealthist and powerful companies in the world. RH is one app out of millions in their play store. No one at Google is stupid enough to do RH a favor. It's not the first time nor the last time they do something like like this. Their tos doesn't allow rating manipulation, which clearly happened here. They don't care if it justified or not.
- jquery 6y agoAll the insane conspiracy theories floating around, by people who mostly have no idea how trading/margin works, that this is just mean ol’ hedge funds trying to screw the little guy... I’m suddenly afraid of Trump 2.0, except he or she is gonna be a lot more competent and brutal. Jan 6 was just the warmup. There is so much wrath, envy, and greed out there, and so much willingness to believe whatever fits one’s preconceived notions of how the world works.
- amznthrowaway5 6y agoBut the giant hedge funds and billionaires aren't corrupt at all and we should all just believe them? Get real, most economic theory is all nonsense to cover for corruption and insider trading. Everyone can see how bad the economic inequality is getting, greed is mainly from the rich side, not from the so-called "conspiracy theorists"
- bryan_w 6y agoExactly! Today I saw a clip at the top of Reddit of a CNBC clip that was clearly manipulated to generate outrage, but only one person out of thousands even mentioned it in the comments