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News - GameStop: All the Bigs Will Do Anything to Stay Big - and Screw We the Littles

“At 3 a.m. on Thursday, Tenev said that Robinhood’s operations team was sent a file by the clearinghouse that handles all stock trades – the National Securities Clearing Corporation (NSCC) – requesting a security deposit of $3 billion….
“‘(T)hey give us a file with the deposit and the request was around $3 billion, which is, you know, about an order of magnitude more than what it typically is.’”
The NSCC doing this – makes zero economic sense. It makes eminent Bigs crony sense.
The stock buyers were buying with cash. Therefore, the NSCC didn’t need to secure anything. Certainly not three billion dollars’ worth. ....

United Kingdom , Internet Association , Britain Big Bank , Internet Service Providers Isps , National Securities Clearing Corporation , Kill The Company , Big Hedge Funds , Which Big Hedge , Big Money , Big Hedge , Big Banks , Little Guys , Big Government , Big Media , Internet Service Providers , Big Tech , Net Neutrality , Trillion Dollar Big , Diet Communist , Public Knowledge , ஒன்றுபட்டது கிஂக்டம் , இணையதளம் சங்கம் , பிரிட்டன் பெரியது வங்கி , தேசிய பத்திரங்கள் அழித்தல் நிறுவனம் , கில் தி நிறுவனம் , பெரியது ஹெட்ஜ் நிதி ,

GameStop: All the Bigs Will Do Anything to Stay Big - and Screw We the Littles

“At 3 a.m. on Thursday, Tenev said that Robinhood’s operations team was sent a file by the clearinghouse that handles all stock trades – the National Securities Clearing Corporation (NSCC) – requesting a security deposit of $3 billion….
“‘(T)hey give us a file with the deposit and the request was around $3 billion, which is, you know, about an order of magnitude more than what it typically is.’”
The NSCC doing this – makes zero economic sense. It makes eminent Bigs crony sense.
The stock buyers were buying with cash. Therefore, the NSCC didn’t need to secure anything. Certainly not three billion dollars’ worth. ....

United Kingdom , Britain Big Bank , Internet Service Providers Isps , Net Neutrality Internet Association , National Securities Clearing Corporation , Kill The Company , Hedge Funds , Which Big Hedge , Big Money , Big Hedge , Big Banks , Little Guys , Big Government , Big Media , Internet Service Providers , Big Tech , Net Neutrality , Trillion Dollar Big , Diet Communist , Public Knowledge , ஒன்றுபட்டது கிஂக்டம் , பிரிட்டன் பெரியது வங்கி , தேசிய பத்திரங்கள் அழித்தல் நிறுவனம் , கில் தி நிறுவனம் , ஹெட்ஜ் நிதி , எந்த பெரியது ஹெட்ஜ் ,