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If he admitted how close they were to insolvency Robinhood would be out of business and no one would be getting their trades closed. Financial firms never warn
by valuearb 6y ago
If he admitted how close they were to insolvency Robinhood would be out of business and no one would be getting their trades closed.
Financial firms never warn about liquidity issues to prevent a run on their bank.
- FemmeAndroid 6y agoNot commenting and saying it wasn’t a liquidity event are very different things.