But the goal is to collapse citadel and funds like it. It’s the ONE issue that unites left and right: rigged markets.
Those funds own the markets and they own the economy and they pay lower taxes than you because they own the government. Citadel makes billions by front-running trades, electronically.
Is one trade gonna bring them down?
Actually, yes. One trade cleared GME at $2600. At that price and higher, citadel will have to fire - sale their assets to cover the short (this process is involuntary - the bank just does it) and since citadel is probably leveraged, that’s the end for them.
Getting some sunlight on this issue is a good start.
I understand taking the money
But the goal is to collapse citadel and funds like it. It’s the ONE issue that unites left and right: rigged markets.
Those funds own the markets and they own the economy and they pay lower taxes than you because they own the government. Citadel makes billions by front-running trades, electronically.
Is one trade gonna bring them down?
Actually, yes. One trade cleared GME at $2600. At that price and higher, citadel will have to fire - sale their assets to cover the short (this process is involuntary - the bank just does it) and since citadel is probably leveraged, that’s the end for them.
Getting some sunlight on this issue is a good start.