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by incomingpain
1491 days ago
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I have been waiting for this for months! Complete collapse of the US stock markets to follow. The important factor here is that the SEC isn't doing their job. If 2009 is of any indication, that was just the tip of the iceberg. They are meaninglessly issuing tiny fines that big funds are simply paying. Eventually the fines would amount to enough money that it doesn't hurt their bottom line but does engage the lawyers. Now it's the wild west. Feel free to commit whatever securities crimes you wish. SEC is basically not going to punish you. Sucks to be the gamestop folks. They basically just lost their infinite money. |
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