CNBC’s Kate Rooney reports on highlights from the House Committee on Financial Services hearing about the GameStop trading frenzy in late January 2021. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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Source
0:18
vom.gen.in
0:11
von.in.net
Arrest congress arrest hedge funds arrest everyone in wall street
35 billion made but how much lost ?!
0:27
bed.in.net
*Robindahood
It just occurred to me that Kate is cute AF.
robbin da hood
These people are not lawmakers they are the "buffer class" the guard dogs for the wealth of the 1%. If only taxpaying citizens lost money there would be no "hearing". When was the last time you ever seen Congress get involved when WE lost money in the stock market????
I wish it was ken griffey
If market manipulation is of concern, shouldn't the FED be in the hot seat?
Vlad lied so much he turned into a poor man's Keanu Reeves
Politician "its a yes or no question, can you just answer yes or no you have 2 minutes"
Businessman "Well thank you for that question, quite a wonderful question if i may say so myself, and thank you for allowing me to be here. I understand 2 minutes is not a long time to answer yes or no so i will try to be as brief and concise as i can.
After close scrutiny and rigourous thought i must simply say that upon reflection and with recognition that the question needs a quick and prompt response, a response that is forthcoming momentarily without delay in order to gaige the full facts and provide an answer backed up by evidence and intrinsically linked to the proposed question at hand…"
Politician :"Your time is up"
Businessman (thinking) : "Nailed it"
this network is complicit in the market manipulation. they should put you on the stand ms. fussy britches
I was told the behind the scene business model is to collect your data and sell it off to hedgefunds as a tool to see how people are trading.
There isn't such thing as free trades. The costs are hidden
Wall Street fat-cats will be sure to (criminally) exact their revenge on Gamestop and against Reddit for the money they believe should be in their pockets and in no one else's pockets. True AF.
Basically some hedge funds made a very risky bet and they lost… sorry but shorting is a very risky trade with unlimited potential for loss. They could have bought Puts but they were greedy.
just like a 100 years ago, retailinvestors being tricked into buying stocks on margin and going broke……Before that crash it was considered to dangerous for retailers… still is.
free trades so they can rip off the little guys ROFL. unworthy of the name.
No highlights here smh
3:21 satisfactorily??
arbitrage scam
Damn they really labeling them meme stocks😂😂
No one asked about the 140% short interest on the stock. Ridiculous
where are the highlights from the hearing?
I like her teeth
"About 2.1 million GameStop shares failed-to-deliver on Jan. 26 before falling to 138,179 on Jan. 29, the day after Robinhood and other brokerages began restricting trading in so-called meme stocks." – Bloomberg.
The real problem is you do not own your stocks if they are not held in your own name. None of this fraud could take place if your broker didnt own your stock in their name! Not your name, not your assets!
Reminder that CNBC is full of misinformation and only reports what the HFs tell them to report so they can profit while manipulating the markets.
Why is the "regulator" who Robinhood claim forced them to stop buy trade not question?
Reporting live from my living room 😂😂
When will we know what the shorts did when they missed their targets at expiry? GME squeezed but AMC only went down. Were they forgivin their debt/losses? Did they double down? Were they even still holding by the time AMC started being targeted?
I hold Gamestop for all of humanity. Let diamonds light our path.
We dont need protection. We only need FREEDOM TO TRADE
2-1-21 Nancy Pelosi purchased 1.25 million worth of Tesla Stock.
2-2-21 Joe Biden Issues that ALL federal vehicles be Electric.
But certain hedge fund scum are worried about GameStop stock.
When it helps the average joes make millions and the hedge funds loose millions
She looks like a younger version of New Zealand president
I'm just here waiting for the south park episode 😅
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