A customer laughs with a clerk as he purchases a copy of the video game "Grand Theft Auto IV" at a GameStop store in New YorkWhite House Press Secretary Jen Psaki said the Treasury and others are "monitoring the situation" with GameStop.
"It's a good reminder though that the stock market isn't the only measure of the health of our economy," Psaki said.White House Press Secretary Jen Psaki said Wednesday that Treasury Secretary Janet Yellen is "monitoring the situation" around the GameStop-related changes in the stock market.
WhiteHouse only step in when market makers lose, they’ve been doing this same shit to us for years and Nasdaq never does anything about it. It’s now an even playing field let them adapt.
techinsider Why because they’re making some billionaires less rich🤔
What happens when the day traders want their funds back and the big sell-off begins, do the short sellers come back?
Looks like the people who did occupy wall street did it wrong
So POTUS only supports redistribution of wealth when he forces it on businesses and under his terms. Not when the people take action?
No wrong doing was committed here. This is actually very good for the economy, we are seeing a redistribution of wealth happening. The money accumulated from the $GME squeeze will be injected into the economy, moving AD to the right, thus increasing GDP.
techinsider shouldnt they be.. idk... focused on the pandemic ?
f boomers
They really should be 'monitoring' hedge funds, who short over 100% of the float and think that's somehow okay and legal. They should also 'monitor' these fake claims from CNBC, that apparently Melvin Capital exited out of their short position.
Of course, for them only millionaires are permitted to make millions
Make sure they investigate the illegal short selling by hedge funds. It’s been on the SEC threshold list for 30 days and nobody cared until we started making money
Meaning what they plan on interfering with the free market trading if they goes a direction they don't like?
we takin over