Transcripts for MSNBC Diamond Hands The Legend of WallStreet

MSNBC Diamond Hands The Legend of WallStreetBets June 4, 2024 06:37:00

ken griffin,melvin capital ceo gabe plotkin, and roaring kitty,the trader keith gill. reporter:no doubt lawmakers are furious and they want to havehearings about this. the problem is goingto most likely be that the systemis designed terribly. the system gets abused.and they need to make changes. - first of all, to me, this was a whole dogand pony show. - first, robinhood securitiesput the restrictions in place in an effort to meet increasedregulatory deposit requirements,not to help hedge funds. - you can read body language.you can see the way they're trying to weaselout of something. - i understand that partof the focus of this hearing is the decisionof stock trading platforms to limit tradinggamestop. i want to make clearat the outset that melvin capitalplayed absolutely no role in those tradingplatform decisions. - they're not being honestand truthful about this. - i want to beperfectly clear. citadel securities had no rolein robinhood's decision to limit trading in gamestop. - so citadel is a realconglomerate. they have a hedge fund.they have a broker.

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