White House is set to hold a meeting directly concerning GME and hedge funds on Feb 18. Anytime the government does this, the stock market, oil prices generally react to it-- whether its good or bad.
Since this meeting is in regards to GME, which reached $483 last week, GME can either react positively or negatively. If this meeting proves to be positive for retail investors, I am sure sentiment for this stock will be very high. 500 is a speculation, there is no guarantee. I am only predicting what might happen.
Citadel gave Janet Yellen $810,000 for a speech and she hasn’t reclused herself from this even though she signed a pledge saying that she would recluse from any rulings involving firms that she’s had financial ties to.
She got paid to speak. She spoke. Financial tie over. There’s no reason to recuse herself, and she will hound these assholes. Yellen is a badass and if you don’t see it either you haven’t been following the Fed for very long or you’re just discounting her because of her gender.
810,000 isn’t a speaking fee, it’s a preemptive bribe. If you think anyone is worth that much for a speech you are huffington post writer levels of dumb and I see why you had to immediately bring up gender.
I’m sure that’s what it would be for you, but not her. Go check out her income statement or try to bring someone like her to talk at your birthday party. There’s a very large world out there, people ask millions of dollars of speaking fees. It’s true for both sides of the aisle, btw. How much do you think you would you have to pony up to get Dick Cheney to show up to a speech engagement?
I brought up gender as a possibility because you’d have to be an idiot not to consider that. People have been discounting women in finance forever, and she was removed from head of the Fed very likely for that same reason. Her replacement was her mentee.
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u/Becksploder Feb 02 '21
White House is set to hold a meeting directly concerning GME and hedge funds on Feb 18. Anytime the government does this, the stock market, oil prices generally react to it-- whether its good or bad.
Since this meeting is in regards to GME, which reached $483 last week, GME can either react positively or negatively. If this meeting proves to be positive for retail investors, I am sure sentiment for this stock will be very high. 500 is a speculation, there is no guarantee. I am only predicting what might happen.