While one couldn’t predict the future of these companies – there are only a handful of Sears left in the United States and Trans World Airlines went out of business in 2001 – hedge fund managers and corporate raiders do nothing to try and build the economy.
Because of the lack of accountability, there has been increasing anger against hedge fund managers and the inequity in the stock market in general. So much so, that a bunch of Reddit users decided to band together and teach hedge fund managers a lesson. So is the stock market for people who want to get rich quickly and do little for civilization but line their own pockets?
The company faced civil and criminal suits. However, nobody went to jail. As for the Wells Fargo Stock? It took a little hit but kept climbing, unaffected by the scams. However, there are plenty of bad actors trying to take advantage of the lack of regulations and the anonymity that comes with the space, but is it any better or worse than the stock market and fiat currencies in general? Unfortunately, greed is a human trait and it will be present in any system we create.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin Price Outlook for June — Market Conditions Show Uncertainty – Market Updates Bitcoin NewsTen days into June, BTC continues to trade lower, with prices hovering close to a twelve month low. Many remain optimistic on future gains. I follow back 🐹 hamstercoin 🐹 SpmGeo ولا عفیه
Source: BTCTN - 🏆 531. / 51 Read more »
5 Things to Know Before the Stock Market Opens FridayU.S. stock futures were mixed as investors await Friday’s before-the-bell release of a key inflation report.
Source: nbcsandiego - 🏆 524. / 51 Read more »
Asian Stock Market: Vulnerable ahead of US Inflation, China jumps on mixed inflation dataMarkets in the Asian domain are trading weak as investors are cautious over the release of the US inflation. A preliminary estimate for the annual US
Source: FXStreetNews - 🏆 14. / 72 Read more »
Bob Saget’s Former Brentwood Estate Just Hit the Market for $7.8 MillionThe contemporary abode comes with a motor court, three-car garage, a swimming pool and a separate guesthouse.
Source: RobbReport - 🏆 309. / 63 Read more »
ECB: Market participants unlikely to contemplate multiple 50 bps rate hikes – Wells FargoOn Thursday, as expected the European Central Bank (ECB) kept rates unchanged, confirmed it would end the purchase program (APP) in July and said it i MSalordFX edao will explode again to more than $100. supply only 2k. thank me later....
Source: FXStreetNews - 🏆 14. / 72 Read more »
Johnny Depp, Amber Heard’s former LA penthouse hits market for $1.76MA penthouse once belonging to Johnny Depp and Amber Heard at the Eastern Columbia Building in Downtown Los Angeles has been listed for $1.76 million. Apparently second mortgage interest rates are too high & it’s difficult to qualify for the loan when you have no collateral The drug den is for sale? That place is a real shithouse
Source: FoxBusiness - 🏆 458. / 53 Read more »