How in the Hell can these MULTI-BILLION DOLLAR HEDGE FUNDS GET OFF SCOTT FREE FOR MAKING A BAD BET!
THIS IS GOING TO BE 2009 ALL OVER AGAIN!!!!!
These are suppose to be the most sophisticated and smartest investors in the world and they have one bad week and lose everything and they claim they need help because the small guy just out smarted them?
AMERICA IS SO FUCKING DONE WITH THIS SHIT!
Here's the thing though, the "small guy" didn't outsmart them. They knew something like this could happen and they don't care.
The majority of these shitsack hedge funds have tied up peoples 401ks, IRAs, etc in their funny money, "daddy needs another new house and a trip to Cabo" game so deeply, that if they lose, we lose more. They either get bailed out with our tax dollars, or the collective wealth of the nation crashes and burns.
They're holding us hostage while we think we're winning.
Let it burn.
I mean if enough pedes called in and cashed out their 401ks on the same day it could happen.
Investing in actual value of companies is fine though. It should be encouraged. It helps companies grow. It helps us regular people save money.
But these fucks betting against companies, leveraging other peoples money and profiting from losses - THEY are the problem.
The 25% tax and 10% fee would hurt but would be worth it.
Let it burn.
Shit can literally not go tits up if you are one of these managers. Worst comes to worst, you buy index funds and look smart.
There's going to be a depression like no other no matter what happens whether it's under socialism or the globlast perversion of crony-capitalism.