this post was submitted on 12 Apr 2025
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[–] [email protected] 73 points 2 days ago (1 children)

Nobody "made" money here . Ask yourself: who was on the other side of the bet? Pension funds? Retail investors? Insurance companies?

This was a brazen act of highway robbery. There's a reason SEC is supposed to pursue insider trading. Once the trust in the system is lost, the whole thing folds like a wet deck of cards. Supposed to, but they won't do a damn thing about this.

You can't park this at the door of a single individual. This is systemic grift. Fuck the party of law and order.

[–] [email protected] 16 points 1 day ago

Scott Galloway talked on his podcast this week about unusual trade activity around Apple stock, just an absurd amount of trades that he noticed within a ten-minute window last week, and you can't tell me Trump and his golf buddies didn't send out a message on a Signal group chat that now was the time to buy and sell.