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DU Home » Latest Threads » Forums & Groups » Topics » Economy & Education » Personal Finance and Investing (Group) » Robinghood is playing mor... » Reply #10

Response to jorgevlorgan (Reply #9)

Fri Jan 29, 2021, 07:53 PM

10. Insider trading in an illegal way is much rarer than you portray. And you keep making sweeping state


You keep making sweeping statements that you can't seem to back up.

as politicians also engage in widespread market manipulation through the still legal insider trading that is allowed among them.


"widespread manipulation"?

There is insider trading by politicians, though not as much is permitted as you insinuate. For example Senator Loeffler, though she may skate. But market manipulation? We're not talking about stimulus or broad tax changes that benefit a class or boost/save an economy, because that is policy. But market manipulation for personal gain or gain by friends and cronies.

Come off it. Widespread?

Please point to some credible evidence of market manipulation by politicians for personal or crony gain. If you can.

Then point to credible evidence that politician market manipulation is widespread. If you can. As you allege.



Re short-selling by hedge funds: Yes, risky and they were stupid not to manage the risk better. I think a bailout would send the wrong signal. Maybe partially bail out some investors but not the fund or the managers. It would send the wrong signal.

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