i should clarify that the citadel that trades for its own account is separate from the citadel that clears trades / acts as market maker, but all is ultimately owned by ken griffey jr.
― 龜, Thursday, 28 January 2021 21:54 (three years ago) link
lol, is lag∞n a lawyer?
― Smokahontas and John Spliff (PBKR), Thursday, 28 January 2021 21:55 (three years ago) link
yeah i saw all that but i just always go by the assumption things are rumors unless confirmed.
the new short thing does make sense because a huge block of puts were bought and the short rate went up a bit right before everyone started getting locked out of each broker.
― Yerac, Thursday, 28 January 2021 21:56 (three years ago) link
after Kelly Loefeller got away with making a ton of cash liquidating stock last year because she had inside info on how bad COVID-19 was gonna get I've pretty much assumed there was no such thing as stock crimes for millionaires, sorry folks
― frogbs, Thursday, 28 January 2021 21:56 (three years ago) link
anyway robinhoods tos isnt going to stop any lawsuits and its unlikely to decide any, now if their business/marketing practices are well aligned with their tos fine, but if theyre talking out of both sides of their mouth then theres a good chance a judge or a jury is going to find the tos to be... basically meaningless
― lag∞n, Thursday, 28 January 2021 21:57 (three years ago) link
― Smokahontas and John Spliff (PBKR), Thursday, January 28, 2021 4:55 PM (two minutes ago) bookmarkflaglink
i am most certainly not
brb just writing up a tos that says i can do whatever i want
― lag∞n, Thursday, 28 January 2021 21:58 (three years ago) link
here's my tos: fuck you
― mellon collie and the infinite bradness (BradNelson), Thursday, 28 January 2021 22:00 (three years ago) link
"the LAW-goon" would be a bad but interesting name for a legal blog
― treeship., Thursday, 28 January 2021 22:00 (three years ago) link
not interesting. plausible. it could exist.
― treeship., Thursday, 28 January 2021 22:01 (three years ago) link
my website says that i am nice and here to help you, and in fact the name of it is the website by a nice guy, but in my tos it says actually i am mean and will hurt you
― lag∞n, Thursday, 28 January 2021 22:01 (three years ago) link
oh i dont have a tos am i supposed to
― plax (ico), Thursday, 28 January 2021 22:03 (three years ago) link
if a jury decides this case i will pay you a million dollars
― superdeep borehole (harbl), Thursday, 28 January 2021 22:03 (three years ago) link
I think your desire to see those in power get theirs (which I share) is clouding your judgment of the possibility of that happening (exceedingly remote).
― Smokahontas and John Spliff (PBKR), Thursday, 28 January 2021 22:05 (three years ago) link
lol xp
idk guys this seems like an obvious case of market manipulation
― treeship., Thursday, 28 January 2021 22:06 (three years ago) link
The most shocking thing to me is that the T&C don't have a mandatory individual arbitration clause. Did those get outlawed or something?
― Smokahontas and John Spliff (PBKR), Thursday, 28 January 2021 22:06 (three years ago) link
https://www.reddit.com/r/ClassActionRobinHood/comments/l723kf/robinhood_insider_information/
― 龜, Thursday, 28 January 2021 22:06 (three years ago) link
letting people sell a stock but not buy it in an attempt to protect one or more third parties, including probably citadel who they are in business with?
― treeship., Thursday, 28 January 2021 22:07 (three years ago) link
― Smokahontas and John Spliff (PBKR), Thursday, January 28, 2021 5:05 PM (three minutes ago) bookmarkflaglink
financial services companies pay prob billions of dollars in civil settlements every year, its quite common, cost of doing business, as harbl said almost never sees a courtroom
― lag∞n, Thursday, 28 January 2021 22:08 (three years ago) link
doesnt constitute those in power getting theirs, nor did i ever think it did
― lag∞n, Thursday, 28 January 2021 22:09 (three years ago) link
treeesh, and if that all were true, you think they would somehow be held liable? Fucking lol, no way.
They literally atomized the entire world economy almost 13 years ago and how many individuals went to jail? 5?
― Smokahontas and John Spliff (PBKR), Thursday, 28 January 2021 22:10 (three years ago) link
i like to get those class action emails that say i can have a $5 coupon if i respond by x date, gives me a good feeling about class actions coming out good for anyone except lawyers
― superdeep borehole (harbl), Thursday, 28 January 2021 22:11 (three years ago) link
i cashed one in one time as a lark cant remember what it was got $7
― lag∞n, Thursday, 28 January 2021 22:12 (three years ago) link
steve cohen has been charged and pled guilty before, he can get charged and plead guilty every year while wearing the mr met hat.
― Yerac, Thursday, 28 January 2021 22:15 (three years ago) link
its true the mr met hat is more powerful than even a tos
― lag∞n, Thursday, 28 January 2021 22:16 (three years ago) link
― superdeep borehole (harbl), Thursday, January 28, 2021 5:03 PM (twelve minutes ago) bookmarkflaglink
this is def a contract tho
this my bløg needs a TOC please
― 𝔠𝔞𝔢𝔨 (caek), Thursday, 28 January 2021 22:18 (three years ago) link
― superdeep borehole (harbl), Thursday, January 28, 2021 5:11 PM (four minutes ago) bookmarkflaglink
― lag∞n, Thursday, January 28, 2021 5:12 PM (four minutes ago) bookmarkflaglink
No shit, my biggest class action windfall was as a result of shenanigans relating to marketing of bar review courses. My wife and I each got $250 about 10 years after we took the bar.
― Smokahontas and John Spliff (PBKR), Thursday, 28 January 2021 22:18 (three years ago) link
― 𝔠𝔞𝔢𝔨 (caek), Thursday, January 28, 2021 5:18 PM (one minute ago) bookmarkflaglink
all readers owe me $5, reoccurring annually
― lag∞n, Thursday, 28 January 2021 22:20 (three years ago) link
i got $28 from sirius xm because they left me voicemail when the free sirius xm trial that came with our car expired. i do not even check my voicemail.
― 𝔠𝔞𝔢𝔨 (caek), Thursday, 28 January 2021 22:21 (three years ago) link
ps hi 龜!!!
thats correct voicemails should cost $28 dollars each
― lag∞n, Thursday, 28 January 2021 22:22 (three years ago) link
"by responding after the beep you agree that you owe me $28".
i'm sorry thats how contract law works.
― 𝔠𝔞𝔢𝔨 (caek), Thursday, 28 January 2021 22:23 (three years ago) link
👋
― 龜, Thursday, 28 January 2021 22:26 (three years ago) link
lawyers generally discussing the law: something extremely likely and something extremely unlikely are exactly the same thing
lawyers working on a case: we are absolutely correct will win and god is on our side
― lag∞n, Thursday, 28 January 2021 22:28 (three years ago) link
fair
― superdeep borehole (harbl), Thursday, 28 January 2021 22:28 (three years ago) link
Settlement is a helluva drug.
― Smokahontas and John Spliff (PBKR), Thursday, 28 January 2021 22:29 (three years ago) link
https://www.bloomberg.com/news/articles/2021-01-28/robinhood-app-is-said-to-draw-on-credit-lines-from-banks-amid-trading-frenzy?srnd=premium
looks like rh got margin called
― 龜, Thursday, 28 January 2021 22:30 (three years ago) link
dayo hello
― Canon in Deez (silby), Thursday, 28 January 2021 22:32 (three years ago) link
― 龜, Thursday, 28 January 2021 22:35 (three years ago) link
oh i didn't know that was dayo, hi
― superdeep borehole (harbl), Thursday, 28 January 2021 22:37 (three years ago) link
hey tracer - would you like to see robinhood get taken to the cleaners on this one?tracer, pushing sunglasses into place: sherwood
― Li'l Brexit (Tracer Hand), Thursday, 28 January 2021 22:39 (three years ago) link
hi dayo!
dayo! 😊
― Blues Guitar Solo Heatmap (Free Download) (upper mississippi sh@kedown), Thursday, 28 January 2021 22:43 (three years ago) link
hey tracer - would you like to see robinhood get taken to the cleaners on this one?
tracer, pushing sunglasses into place: sherwood
― Li'l Brexit (Tracer Hand), Thursday, January 28, 2021 5:39 PM (ten minutes ago)
fuck you for making me laugh at this
― rob, Thursday, 28 January 2021 22:51 (three years ago) link
lol, that was a+
― calzino, Thursday, 28 January 2021 22:53 (three years ago) link
👏
― maf you one two (maffew12), Thursday, 28 January 2021 22:55 (three years ago) link
It really does suck to see play out once again, but it sure seems like a fair number of people are absolutely gobsmacked to find out that the government and Wall Street would circle their wagons to prop up the broken capitalist system that ensures only the "right" people get rich.
― soaring skrrrtpeggios (jon /via/ chi 2.0), Thursday, 28 January 2021 23:01 (three years ago) link
Did the government intervene?
― Van Horn Street, Thursday, 28 January 2021 23:02 (three years ago) link