The problem with Wall Street is the punishments for bad behavior tend to be a monetary slap on the wrist. One that is a fraction of the money made or saved from the bad behavior. Thing about how Wells Fargo got away with stealing money from it's own customers. Or how Google was fined a mere $13 million for stealing user data that they made billions of off.
If the risk outweighed the rewards, we'd see a far more well behaved Wall Street. Or if they were threatened with jail time, that might help too.
I wish you had started with what you wrote at the end: "...this operation will simply never be profitable." It would have saved me a lot of reading time!
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Monday Markets Unhinged
Thanks for the share. Seems like almost everyone gets the day off today but us!
SoftBank Makes $500 Million Bet On Mortgage Market With Investment In Better.com
Everyone I know uses Quicken or Rocket.
Why Goldman Unsurprisingly Avoided Archegos Losses
The problem with Wall Street is the punishments for bad behavior tend to be a monetary slap on the wrist. One that is a fraction of the money made or saved from the bad behavior. Thing about how Wells Fargo got away with stealing money from it's own customers. Or how Google was fined a mere $13 million for stealing user data that they made billions of off.
If the risk outweighed the rewards, we'd see a far more well behaved Wall Street. Or if they were threatened with jail time, that might help too.
GME Shares Plunge As Company Moves To Sell 3.5M New Shares
Already recovering...馃檮
Why Stimulus Can't Stave Off The Impending Market Correction
Perhaps not, but for some of us, without the stimulus package, we wouldn't be able to eat or pay our rent!
How To Mine Your Own Cryptocurrencies
I wish you had started with what you wrote at the end: "...this operation will simply never be profitable." It would have saved me a lot of reading time!
According To One Indicator, Apple Is The Most Oversold It Has Been Since 2019
@[Tickeron](user:150728) sell it. Got it.
Elon Musk Tweets Tesla Will Be Bigger Than Apple 'In A Few Months', Then Deletes Tweet
Not surprised, Apple is the next Enron
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Lol, so in a nut shell, don't be long miners!
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Couldn't happen to nicer people.