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Yet more evidence is a clearing and collateral issue, not a massive conspiracy...
by LatteLazy 6y ago
Yet more evidence is a clearing and collateral issue, not a massive conspiracy...
- delaaxe 6y agoConspiracy just shifted to the clearing side
- deleted 6y ago[deleted]
- another_sock 6y agoNonresponsive
- LatteLazy 6y agoOf course. No conspiracy is ever disproven. If we proved the CIA didn't kill JFK, plenty of people would just reply that we were part of it! Or it was Mosad and they framed the CIA (those bastards!) It's no different to any other religious belief.
- deleted 6y ago[deleted]
- devmunchies 6y agocon•spir•a•cy [noun] - A secret plan by a group to do something unlawful or harmful. Going by the definition, you're right. Not a conspiracy since they aren't hiding it, they're brazen.
- justapassenger 6y agoConspiracy claims are from people who have no idea how financial market works, and just bought their first stock last week, because of the hype. It’s like someone buying their first computer, and saying it’s government conspiracy that it crashed, after they’ve installed random software from a link they got in spam.
- blobbers 6y agoPlease enlighten us on how this is not the fault of RH for not being properly capitalized to handle some volatility. Stocks go up 10X in a day every day. GME just happens to be the stock du jour, trade in scary pharma and you get this sort of thing very often.
- justapassenger 6y agoIncompetent and overhyped Silicon Valley business doesn’t mean it’s conspiracy.
- snarf21 6y agoMaybe not a conspiracy, but surely a fix. "the DTC has enforced an increase of capital requirements by 250% upon DriveWealth’s clearing partners" .. Why for just these two stocks and is this true for all of the Hedge Funds? Do they now need to magically provide guaranteed liquidity? This is a circle the wagons moment for Wall St. They don't want anyone messing up their printing press. Who will watch the watchers? no one (see 2008)