Saturday, April 10, 2021

archiveTrading

Business

GameStop hearing: Robinhood founder defends halt to trading | GameStop

The chief executive of the Robinhood app has defended the decision to halt trading in GameStop shares at a congressional hearing on Thursday, calling allegations that the company acted to help hedge funds that were hemorrhaging money “absolutely false”. The comments triggered accusations the company was creating a “smokescreen” to deflect blame.Vlad Tenev and other players in January’s GameStop saga appeared before the House financial services committee in the first public hearing in a wide-ranging investigation into trading in GameStop, AMC and other companies whose share values soared as small...
Politics

In the fairytale land of Brexit, we’re trading with the world. It’s a fantasy | Brexit

In a time of bogus conspiracy theories, the only real conspiracy is the conspiracy of silence. No one should be able to deny that Britain is in an economic and political crisis brought on by Brexit. Yet the government won’t talk about it. The opposition dare not mention it. The rightwing press won’t cover it. And broadcasters fear they will be damned as biased if they admit it. Rather than face reality, we live in an imaginary Britain, a land of make-believe, where the political class act out parts as...
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