A movement that formed on Reddit groups to challenge challenge billionaire hedge funders with coordinated buys of failing companies has exposed the un-democratic foundations of US capitalism Max Blumenthal visits a spontaneous protest outside the Securities and Exchange Commission after online investing companies like Robinhood blocked trades in Gamestop to prevent retail investors from challenging hedge funds, and takes a look at Treasury Secretary Janet Yellen’s staggering conflicts of interest.
The post Reddit rebellion: amateur investors hold the line against Wall Street fat cats appeared first on The Grayzone.
Source