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WeBull may have had a less dangerous solvency issue. Either way it’s Monday morning quarterbacking to say RH could have been blunt. They may have been within h
by valuearb 6y ago
WeBull may have had a less dangerous solvency issue.
Either way it’s Monday morning quarterbacking to say RH could have been blunt. They may have been within hours of bankruptcy.
- JAlexoid 6y ago"We were hours away from going bankrupt, that's why we lied publicly" I'm pretty sure that that is not going to go well for them in front of a judge.
- valuearb 6y agoIt’s gonna go fine in front of a judge. They will say look at our terms of service, what we did is explicitly allowed. The judge will immediately rule for them and no public interviews of the CEO/Founders will ever be an issue. Not only is what they said vague, but they had a very clear responsibility not to provoke a run on the bank.