Rep. Alexandria Ocasio-Cortez questions Robinhood CEO during GameStop hearings

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  • Опубликовано: 17 фев 2021
  • Rep. Alexandria Ocasio-Cortez (D-N.Y.) questions Robinhood CEO Vlad Tenev during the House Committee on Financial Services hearings on the GameStop trading frenzy. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
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Комментарии • 576

  • @falconranger3116
    @falconranger3116 3 года назад +58

    "that's excellent question" - Vlad, the stock impaler (2021)

  • @HaiderKhan-ig5qu
    @HaiderKhan-ig5qu 3 года назад +278

    "I appreciate your question", said Robinhood after Robbing the hood

    • @thecharjack9201
      @thecharjack9201 3 года назад +14

      @Burt Gummer You think Vlad "Sherriff of Nottingham" Tenev is? At least AOC is trying to hold him accountable.

    • @tiltededdie9733
      @tiltededdie9733 3 года назад +3

      @@thecharjack9201 tell his ass

    • @btccricket14
      @btccricket14 3 года назад

      Yuup, been calling it RobbinHoods since all this happened. Maybe aoc wouldnt have to reclaim her time if she would shut her mouth, ask a direct question and let him speak.

    • @sanzen1234
      @sanzen1234 3 года назад

      @@thecharjack9201 Yes because ordinary people can trade without a broker and broker fees. Sounds more like he is for the people than AOC ever was.

    • @thecharjack9201
      @thecharjack9201 3 года назад

      @Burt Gummer then Ted Cruz is also doing his usual political nonsesne, because for once he actually sided with AOC on something and agreed Robinhood needed to be investigated. Bet you won't go after him like you are her though.

  • @ericp1139
    @ericp1139 3 года назад +266

    Every time this guy opens his mouth, Robinhood looks shadier and shadier.

    • @ricardocabeza6006
      @ricardocabeza6006 3 года назад +8

      Every time AOC opens her mouth she seems dumber and dumber. She compared margin requirements and margin rates. But hey, they both use the word “margin”. So good for her...

    • @50tigres79
      @50tigres79 3 года назад +2

      he is eastern european. they are shady.

    • @jagatdave
      @jagatdave 3 года назад

      Nope..he has made the game more competitive...but yes...openly charging customers would have been better

    • @jagatdave
      @jagatdave 3 года назад +1

      @@50tigres79 what!!!!..but jesus was from east

    • @50tigres79
      @50tigres79 3 года назад +1

      @@jagatdave jesus does not exist

  • @tkkemper
    @tkkemper 3 года назад +77

    MAXINE WATERS JUST UNMUTED THE WHOLE GAME AWAY.

    • @themightypotato3857
      @themightypotato3857 3 года назад +9

      she needs to be fired. she messed up 5 hours of hearing with her god damn failure to even once turn her mic off. i'm sure maxine water is a great and highly successful person but it's enough already with 82 year old people being way in over their heads in positions they have no business being in. retire and go knitting or something for gods sake. no offense.

  • @KXSocialChannel
    @KXSocialChannel 3 года назад +102

    Isn't anyone going to mention how Roaring Kitty and Robinhood CEO are actually the same person but with different hair?

    • @h4bbqpenger
      @h4bbqpenger 3 года назад

      Why isn't anyone giving your comments any attention, keep posting my brother. Less go

    • @KXSocialChannel
      @KXSocialChannel 3 года назад +1

      @@h4bbqpenger Don't they look so much alike though?

    • @AhhhhMyLeg
      @AhhhhMyLeg 3 года назад +4

      How dare you! Never EVER say that Roaring Kitty, AKA: Deep Fk’n Value, and Vlad are the same person. EVER!!!!

    • @h4bbqpenger
      @h4bbqpenger 3 года назад

      @@AhhhhMyLeg well one is straight to the point and the other guy is good with pleasantries and words, hard to tell the difference if you ask most ppl

    • @JustGotALife
      @JustGotALife 3 года назад

      @@h4bbqpenger lol it definetly looks like Robin Hood ceo is wearing wig

  • @kml.
    @kml. 3 года назад +126

    Vlad from that 70’s show

  • @donnyjay4269
    @donnyjay4269 3 года назад +97

    I feel like everyone being interrogated tried to talk slow, and dance around the tough questions, just so the lawmakers could run out of time smh lol🤦🏽‍♂️

    • @habibba2323
      @habibba2323 3 года назад +6

      You never answer by YES or NO when in hearing , you have to dance around or you gonna get burned

    • @GratefulDave93
      @GratefulDave93 3 года назад +13

      Was this the first committee hearing you’ve ever watched??

    • @Scarsofevil
      @Scarsofevil 3 года назад +19

      "Thank you for that question, I think it's a very good question. I really like that question" and then proceed to not answer the question.

    • @habibba2323
      @habibba2323 3 года назад

      @@GratefulDave93 i believe lol

    • @nancy-vz8nb
      @nancy-vz8nb 3 года назад +1

      @@Scarsofevil welcome to america politics, this is how we play the game, wall street always wins

  • @markmotarker
    @markmotarker 3 года назад +7

    This guy shouldn’t have been CEO. He looks and acts too shady...

  • @extofer
    @extofer 3 года назад +87

    Vlad looks like his hair and suit were photoshopped onto him

    • @ocvegasproperty
      @ocvegasproperty 3 года назад +5

      Webex background feature.

    • @ktsig287
      @ktsig287 3 года назад +3

      I...can't. Ok I can. Yes, yes I can.
      Upon rewatching, it's undeniable and I can't stop laughing 😆.

    • @zechmerquise5281
      @zechmerquise5281 3 года назад

      More like zoom green screen 😂

  • @eli2318
    @eli2318 3 года назад +91

    Keanu Reeves cracks under pressure. Not a good CEO at all.

    • @Rohliable
      @Rohliable 3 года назад +5

      More like the great grandson of Moe from The Three Stooges.

    • @jagr1683
      @jagr1683 3 года назад +1

      Well depends how you define CEO but he is definitely a villain.

    • @rundcg
      @rundcg 3 года назад +10

      Don’t you disrespect Keanu like that!!

    • @zechmerquise5281
      @zechmerquise5281 3 года назад +2

      He doesn’t look anything like keanu

    • @rundcg
      @rundcg 3 года назад +4

      @@zechmerquise5281 more like a horrible cosplay Adam driver

  • @renloh0775
    @renloh0775 3 года назад +131

    She did him a favor by interrupting him.

  • @Mistyfire
    @Mistyfire 3 года назад +39

    He’s purposely wearing a cheap suit

  • @thejakelinden
    @thejakelinden 3 года назад +69

    Listening to vlad makes me sick everytime

  • @bee2640
    @bee2640 3 года назад +27

    This CEO is sneaky and goes around to void the questions. The key issue is that he made his customers suffer for his survival.

  • @mr.schnauzer
    @mr.schnauzer 3 года назад +53

    I would like to reclaim my time.

    • @mr1nyc
      @mr1nyc 3 года назад

      💎 🧤 with that time.

  • @ConcernedCitizen5514
    @ConcernedCitizen5514 3 года назад +41

    It looks like Vlad bought the only suit left on the clearance rack at TJ Maxx - it clearly doesn't fit

    • @mathewcompton8669
      @mathewcompton8669 3 года назад +1

      The guy is badly presented head to toe. Maybe is it intended for some reason?

    • @brookyogini6625
      @brookyogini6625 3 года назад

      @@mathewcompton8669 Yes it is done intentionally

  • @letgabeequaltrue9097
    @letgabeequaltrue9097 3 года назад +18

    Vlad at Great Clips. "Give me the Twiki haircut from Buck Rogers'

  • @MysaviorJesus
    @MysaviorJesus 3 года назад +21

    Simple supply and demand
    If you stop the buy side and only allow the sell side then you create demand shortage so the stock drops. If the demand is there then the stock goes up

    • @ricardocabeza6006
      @ricardocabeza6006 3 года назад +2

      If you go to a budget clothing store. Do you complain about the quality of the clothing? That’s the problem. Robinhood is a discount broker. People got exactly what they paid for...

    • @TopVillain
      @TopVillain 3 года назад +1

      You petty investors that use robinhood instead of a real brokerage firm get what you deserve. The bottom of the barrel service and access. Now let me be clear in pointing out the obvious robinhood saved a lot of people money by stopping the buying of GameStop it was in no way worth 480 a share the stock was a pump and dump so you should be ultimately thanking robinhood I hate GameStop with a passion many of us do. But the only reason why it went up like a rocket was to stick it to the short sellers but many of people lost money and money of the people they claim to be hurting made money

    • @EternalSilence4ever
      @EternalSilence4ever 3 года назад +1

      @@TopVillain Robinhood engaged in some dubious activity under the guise of "saving a lot of people money".
      They also prevented people from cancelling accounts as well. Was that to "save people's money"? No.
      The only reason why Robinhood stepped in to halt trading was due to pressure from external forces, i.e. hedge funds. You're drinking the kool-aid if you think they were "protecting investors". No, they were protecting themselves.

    • @TopVillain
      @TopVillain 3 года назад +1

      @@EternalSilence4ever so is GameStop worth 480 a share?

  • @dennisharvey5852
    @dennisharvey5852 3 года назад +9

    AOC is the best scripted question reader in the Congress, she has no clue what she is asking but she does it well. Tenacious !

    • @josh-cq3ju
      @josh-cq3ju 3 года назад

      But seemed at ask all the right questions

    • @Julienuh
      @Julienuh 3 года назад +5

      you come off as one of those old chauvinists that are hell bent on hating women like AOC regardless of what they do.

    • @dennisharvey5852
      @dennisharvey5852 3 года назад

      @@Julienuh AOC's resume hardly qualifies her to be asking questions at a hearing like that but she does a good job following the script.

    • @MNMNMNMN713MHN
      @MNMNMNMN713MHN 3 года назад +1

      @@dennisharvey5852 so tell me how Cawthorne, Boebert, or Greens resume qualify them?

    • @dennisharvey5852
      @dennisharvey5852 3 года назад +1

      @@MNMNMNMN713MHN I have not researched them so I could not tell you.

  • @dannzenmon13
    @dannzenmon13 3 года назад +45

    Robinhood will go down as one of the biggest scammers of our generation.

    • @skater506
      @skater506 3 года назад +11

      they are the scapegoat and you are falling for it

    • @glbjr309
      @glbjr309 3 года назад +7

      @@skater506 nailed it

    • @geevinz
      @geevinz 3 года назад +7

      despite this one incident. Robinhood revolutionized the feasibility of trading. Also since they fundamentally ran out of money due to an un foreseen circumstance. Nothing shady, they just werent prepared for the gamestop situation. Everyone loves to jump on the "comapnies are evil" bandwagon even though the facts are in front of their face.

    • @emmcm6610
      @emmcm6610 3 года назад

      Just like democrats? Still around for decades. Smell putrid in congress.

    • @nancy-vz8nb
      @nancy-vz8nb 3 года назад +1

      @@geevinz people lost money because of RH restriction on buying specific stocks which is to the advantage of hedge fund.

  • @richardfirthucsb
    @richardfirthucsb 3 года назад +13

    They don't allow margin up to Personal Risk Tolerance anymore.

  • @MOBMJ
    @MOBMJ 3 года назад +38

    Oh my god this guy has said, I appreciate your question so many times to that I can’t stand this guy anymore. Although to be frank I never appreciated this guy anyway after everything is done to break the market

  • @pkasb90
    @pkasb90 3 года назад +18

    Increase margin to 100% should be enough. `No need to restrict purchase volume.

  • @mseker66
    @mseker66 3 года назад +27

    YES or NO? Vlad: I had the same haircut when I was a little boy in Bulgaria.

  • @robertpolnicky3262
    @robertpolnicky3262 3 года назад +7

    Isnt that the same thing as racketeering? Or close.

  • @tigreytigrey8537
    @tigreytigrey8537 3 года назад +20

    U know she recited this in the mirror 100 times. Facial expressions and all. 🤣

    • @Natsrah
      @Natsrah 3 года назад

      So true. She did it with a proper lighting in the bathroom.

    • @outbrakeu
      @outbrakeu 3 года назад +2

      I was asking myself "I wonder who wrote the questions for her?"

    • @DD-wx4jc
      @DD-wx4jc 3 года назад +1

      @@outbrakeu she has a degree... like wtf. She's always asked these kinds of questions in committee.

    • @outbrakeu
      @outbrakeu 3 года назад +3

      @@DD-wx4jc she has a degree in economics, but doesn't seem to have a clue as to how economics actually works. How does someone with an econ degree end up a socialist? There's no way to pay for the policies she proposes. Any true economist would understand those things, but they seem to go right over her head. And I've seen her line of questioning before. She's coached by a whole team of people.

    • @nexusinterviews2601
      @nexusinterviews2601 3 года назад

      Let's see, she is erudite, informed, understands the essence of the conversation.....a Republican could only express grievances....the election was rigged. Ask Jim Jordan or some other cro magnon to ask, let alone understand the question.

  • @Lelouchie
    @Lelouchie 3 года назад +4

    Hey look It’s Lord Farquaad from Shrek!

  • @ocvegasproperty
    @ocvegasproperty 3 года назад +11

    She has no idea what she is even trying to ask and he’s not going answer it either way. Comedy gold.

  • @tkkemper
    @tkkemper 3 года назад +22

    Why does this cut off before the good question?
    CNBC.

    • @Yhoshua_B
      @Yhoshua_B 3 года назад +3

      Each Congressperson only had 5 minutes each to ask questions. That's probably why it cut off.

  • @pattheegreat
    @pattheegreat 3 года назад +15

    Her questions are sooooo long lol and she keeps saying she is short of time

    • @pattheegreat
      @pattheegreat 3 года назад +1

      @TheCosmic6string and making it sound like trying to land a rover on Mars

    • @pattheegreat
      @pattheegreat 3 года назад

      @@Fakecourt ye........sss
      But before I even say that, I know you will have another long stupid order so I'll just shut up anyway

    • @btccricket14
      @btccricket14 3 года назад +1

      @@Fakecourt fcking hilarious! Even managed to make a pun about the bartending. Actual reddit gold!

    • @pooscifer
      @pooscifer 3 года назад +1

      @@Fakecourt LOL this was weirdly accurate.

  • @meinefinanzen7632
    @meinefinanzen7632 3 года назад +7

    I absolutely beleive AOC is one of the few politicians that is actually looking out for the best interest of her constituent. It's such rare sight.

    • @pooscifer
      @pooscifer 3 года назад

      Chamath Palihapitiya is the one who started the "little guy vs. the establishment" narrative. There's good reason to think he did this for selfish reasons (see this: www.benzinga.com/analyst-ratings/analyst-color/21/02/19473489/analyst-how-chamath-palihapitiya-elon-musk-mastered-the-narrative-of-the-underdog). AOC then stepped in and stoked the fire. Ultimately, her followers got burned. At best, she's clueless and naive for doing this and at worst she's actively manipulative.

    • @pooscifer
      @pooscifer 3 года назад

      Oops - remove the bracket at the end of the URL

    • @larivari7819
      @larivari7819 3 года назад

      ​@@pooscifer Thanks for sharing. Well, I think we are getting all the time manipulated by people like Elon and Chamath. They only care about their profits. When it comes to AOC sure she is a politician and used this as an opportunity to look strong for her base. Still, I believe she is trying to do good. Well believing is not knowing, time will tell her true intentions. For sure I don't trust any trading app and especially not robin hood. This is not the first time their app stopped working at a convenient time for them. Citadel being one of their best customers is also very suspicious, including the connections to Melvin. Money corrupts and that's just the perfect example.

  • @naitai8775
    @naitai8775 3 года назад +65

    Vlad the stock impaler🐻🔪📉

  • @FoodwaysDistribution
    @FoodwaysDistribution 3 года назад +15

    Is his mom still doing his hair?

  • @BrianPenny
    @BrianPenny 3 года назад +47

    Vlad failed to get a decent haircut before showing up.

    • @emmcm6610
      @emmcm6610 3 года назад

      What are you talking about is everything about the haircut, Robinhood style! His signature.

    • @grumpyae86
      @grumpyae86 3 года назад +1

      He took a bowl and cut around it to save some coins.

    • @NOName-nn3jv
      @NOName-nn3jv 3 года назад

      He probably did it home.

  • @kevinc9934
    @kevinc9934 3 года назад +3

    How come webull allowed people to buy unlimited shares after the lock up but robin only allowed people to buy 1 share. WACK.

    • @Joebo31
      @Joebo31 3 года назад

      Because WeBull likely had more capital and a higher risk tolerance

  • @UserInterface00
    @UserInterface00 3 года назад +16

    Bruh, PLOTKIN dodged a bullet from AOC due to time running out. He was saved by the bell.

    • @adilkhan714
      @adilkhan714 3 года назад

      I swear bro

    • @Dondrepad231
      @Dondrepad231 3 года назад +1

      Really suspicious. Everyone who even asked (not alot) saved the naked short questions till the end of their time and got cut off everytime. The whole issue with this is that hedge funds are shorting 140 percent of a company, damaging it in the process. They dont care because the fees they get if they get caught are so low. It should be prison time. We got robinhood but they are just a scapegoat. They should be investigating the naked short not robin hood.

  • @azrael_morningstar
    @azrael_morningstar 3 года назад +1

    Rich boomers v poor zoomers.
    Interesting.

  • @etstiffler
    @etstiffler 3 года назад +1

    I like both of their statements and questions

  • @julioaviles6586
    @julioaviles6586 3 года назад

    Vlad looks like he be casting for Raunchy movies .

  • @Badname2011
    @Badname2011 3 года назад +9

    Thank you for your question. Im gonna talk for the next 15 minutea about why we are awesome.

  • @marianlohr9746
    @marianlohr9746 3 года назад +3

    I think it is very silly to have these 5 minutes time limitations. It means the lawmakers are never going to learn about complex issues, because they cannot listen to the complete answers of the persons they subpoenaed. They will never get to the truth this way!

    • @kheldaryt
      @kheldaryt 3 года назад

      eh, not sure how much they are interested in truth... most of them are just trying to get a sound bit for popularity...aoc was better than some but still pretty nonsense questions

  • @brycecox8249
    @brycecox8249 3 года назад +16

    He is painful to watch in all scenarios

  • @weebgrinder-AIArtistPro
    @weebgrinder-AIArtistPro 3 года назад

    They needed to grill the DTCC. Not Robinhood.

  • @whatsmynameagain5887
    @whatsmynameagain5887 3 года назад +21

    This is what talking to a brick wall looks like.

    • @tgunz2685
      @tgunz2685 3 года назад

      Which one?

    • @PKNproductions
      @PKNproductions 3 года назад +8

      @@tgunz2685 Putting aside her valley girl accent and just focusing on the content of her questions and comments, everything she's saying is well thought out and makes sense -- she has clearly done her homework on this.
      Whether or not you agree with her politics or like her as a person, in regards to this interaction, she's clearly the one speaking facts... to a brick wall.

    • @pooscifer
      @pooscifer 3 года назад

      @@PKNproductions That's not what makes this like talking to a brick wall. The issue is she wouldn't let him respond - it felt more like a performative "look at me fight for the little guy!" piece than an actual interrogation. He (and what he did) wasn't the focal point here, she was.

  • @dohboy280
    @dohboy280 3 года назад +1

    Just say winch was there Collusion with Citidal? THIS A CLASS ACTION LAWSUIT!

  • @groove269
    @groove269 3 года назад +2

    Vlad, you need to go to the big house . He has to pay with time in jail

  • @user-em8fq2ev4b
    @user-em8fq2ev4b 3 года назад +1

    I don't get why Vlad and Robinhood is being painted as the villain...
    If it's free, you are the customer.
    It's that obviously clear? Otherwise, GTFO and go pay to make a trade.

  • @my2cents395
    @my2cents395 3 года назад +3

    I have a question. Did any of you or your companies donate to any politicians?

    • @yukidejesus1956
      @yukidejesus1956 3 года назад +3

      Tenev: thank you for the question...

    • @Airon0727
      @Airon0727 3 года назад

      @@yukidejesus1956 .... when politicians seek office many of them seek donations from large corporations who seek to help fund campaigns of the politicians who seek funding from corporations. Thus.... “CONGRESSMAN YOUR TIME IS UP”

  • @suggadeg
    @suggadeg 3 года назад +8

    What ridiculous questions she asks. She has literally no clue what she is talking about. All she is doing is asking loaded “gotcha” questions. Robinhood is a business. I am just as angry about Robinhood blocking trades as anyone else, but give me a break with AOC child questions.

    • @inspace2439
      @inspace2439 3 года назад +1

      Why were the questions asked ridiculous? They seemed like valid questions that vlad did his best to avoid answering.

    • @suggadeg
      @suggadeg 3 года назад +1

      @@nathanielgonzalez419 I’m not sure if you personally invest, I apologize if you do, but I’m guessing you don’t. He totally did avoid the question, but anyone could have imagined he would. Robinhood is a business, and of course he wouldn’t forward proceeds from his trading information sales.
      Other than that, she has no clue about investing, nor does she understand his answers. What gets me, she was an economics major. Not just this interview alone, but in all her questions to bankers in the past, she has not even a cursory understanding of economics. She is reading these questions off of a piece of paper in front of her. Her idea of passing on proceeds from orderflow sales is communism. She always sneaks these ideas in. She never lets anyone answer, too. She is just extremely snide.

  • @forrhsmity1228
    @forrhsmity1228 3 года назад

    It is like you ask a clothing company to make no profit by charging customers only the materials fees

  • @Seongjinkim
    @Seongjinkim 3 года назад +10

    Why ask so many questions if you are not going to let the person answer them? I wanted to hear Vlad's answers

    • @btccricket14
      @btccricket14 3 года назад +1

      Its an AOC thing. You'll have to get used to that. Not really about the other person in the conversation for her.

    • @kevinharrison3845
      @kevinharrison3845 3 года назад +5

      Cause he wasn’t giving a straight answer. He was dancing around each question and wasting everyone’s time. The more questions she asked the deeper the hole got for vlad and robbin the hood.

    • @rochester3
      @rochester3 3 года назад +1

      he gave he same answer for every question in another way lol

    • @AnimeGamer0
      @AnimeGamer0 3 года назад

      I think she would have let him fully answered if she had more time to give. With how House Committees are structured, reps are always short on time and are constantly trying to reclaim time - and people getting grilled weasel their way out by running out the clock. 5-10 minutes for questioning from each member is relatively short, after all.
      If AOC was given an hour with Vlad, he’d probably be melted cheese by the end of it.

  • @Abundance172
    @Abundance172 3 года назад +26

    Leaving robinhood ASAP

    • @Natsrah
      @Natsrah 3 года назад +8

      What, you haven't left yet?

    • @btccricket14
      @btccricket14 3 года назад

      @@Natsrah Theyre still holding 4 dollars of buying power that I can't withdraw! I want that back to... might try deactivating the account to see if it gives the option to fully withdraw.

  • @pejpm
    @pejpm 3 года назад +7

    I like AOC, but she really has no idea what she’s talking about here. She’s conflating two things here...there are margin requirements for an individual wishing to trade using leverage, and there is the margin that the broker has a whole pays for clearing. They’re aren’t the same thing.

    • @lblanc8107
      @lblanc8107 3 года назад

      This hearing should have been renamed finance 101 for elderly and clueless officials.

    • @Natsrah
      @Natsrah 3 года назад

      It looks like she practiced and acted in front of the mirror 🪞for a million times including her facial expressions 😅

  • @javieramiri
    @javieramiri 3 года назад +1

    I think there is bipartisan opinion that AOC is fire 🔥

    • @KBK475
      @KBK475 3 года назад

      🙌🏿🙌🏿

  • @WholesaleJewelleryAustralia
    @WholesaleJewelleryAustralia 3 года назад

    Why don’t any of the people have time? This matter is so f****** important. The fact that we don’t even have TIME to question is crazy to me

  • @laykefindley6604
    @laykefindley6604 3 года назад

    Can someone explain exactly what is meant by Robinhood generating revenue from purchase orders?

  • @Bachater_Oz
    @Bachater_Oz 3 года назад +1

    4:10 was a good time to listen to.

  • @Jencon87
    @Jencon87 3 года назад

    I live in the uk and trading212 done the exact same thing at the same time also they sold my gme to cover which I thought was naughty begs the question if they are taking orders does it not ?

  • @mikev324
    @mikev324 3 года назад

    Can you believe Robinhood has now MORE customers since all this happened.
    Seems alot of those folks on WSB are really not getting it.

  • @BlizzGo
    @BlizzGo 3 года назад

    Typical politican line of questions. Ask a yes or no question which makes you seem guilty either way you answer.

  • @nidodson
    @nidodson 3 года назад

    5 big changes are needed, which this hearing made clear:
    1. Ban all short selling of stocks.
    2. Make fines based on gross profit of the company.
    3. Congress needs to hold people testifying in Contempt and for Obstruction of Congress more, which also needs to be paired with a fine based on the company they represent's gross profit, as well as a week in jail, for each instance. (Answering a yes or no question in anything other than a yes, no, or i don't know should be charged with Contempt.)
    4. Perjury absolutely needs to be charged in Congress more, because we have people testifying in Congress committing perjury, as well as Members of Congress, who should be expelled when they don't correct their behavior.
    5. No Member of Congress should be allowed in a hearing when they themselves have a vested interest in the hearing, or have received a campaign contribution over $200 from a company, individual, or individual who is an executive in a company being represented or has a vested interest in said hearing.

  • @longshotsportsteam
    @longshotsportsteam 3 года назад +1

    Great Value Keanu

  • @joshrickards7007
    @joshrickards7007 3 года назад +5

    She doesn't understand how any of this works and that is clear 🤦 Congress was literally asking questions what was legal and what wasn't when they are lawmakers. They know nothing

    • @inspace2439
      @inspace2439 3 года назад +5

      Dude she asked way better questions then any of the other members of congress. She seemed way more knowledgeable or at least informed than anybody else I saw asking questions

    • @formulaliftr3600
      @formulaliftr3600 3 года назад

      So explain how it works for us then since your comment makes it appear like you do. Explain to us why AMC has a 93% buy rate in January and yet the value continues to drop, Please explain this.

  • @alexsuleta2305
    @alexsuleta2305 3 года назад

    Dead ass this guy was flat waiting for her to come up knowing it was going to be a hard ball pitcher.

    • @alexsuleta2305
      @alexsuleta2305 3 года назад

      @@Fakecourt who's side are you on bozo?

  • @obits3
    @obits3 3 года назад +1

    LMAO, did AOC feel like she needed to clarify that there's no free lunch in economics? Asking a business to pass the main source of revenue directly to the customer... 😂

  • @mrooah
    @mrooah 3 года назад

    No one is talking about all the investors from other trading platforms that lost money from Robinhood’s decision. Robinhood tanked the stock single handily. Anyone holding shares lost money in their decision.

  • @mentimental
    @mentimental 3 года назад +9

    y’all are so cruel, yes there are issues but retail trading wouldn’t be where it is today without robinhood

  • @777dexx
    @777dexx 3 года назад +30

    You don't believe this BS do you ?

    • @TIB1973
      @TIB1973 3 года назад +7

      Both sides are BS, which one in particular were you referencing?

    • @robertpolnicky3262
      @robertpolnicky3262 3 года назад +1

      I think he has an axe to grind.

    • @777dexx
      @777dexx 3 года назад +1

      @@TIB1973 both sides, of course...

    • @777dexx
      @777dexx 3 года назад

      @@TIB1973 and you know she was , is a actor that applied for a acting job, they wanted to see if they could get a woman in the government with no previous work in government and they did, so it's just not about sides it's about HER....

  • @alpz5939
    @alpz5939 Год назад +1

    That girl is sooo annoying thinking she knows the industry

    • @flyingThunderGod
      @flyingThunderGod 5 месяцев назад

      She’s more accomplished than you’ll ever be. Maybe you’re the annoying one?

  • @jermelblack
    @jermelblack 3 года назад +2

    Actually this is a really serious matter because I was one of the People who own some shares and I wanted to buy some more and he restricted me of buying and force me to sell out trust me I didn’t want to sell but if I didn’t I would have lost my money The thing is he did not do his due diligence and he could not cover he’s broke it or you may say his company so instead he intentionally restricted buying because he knew if you couldn’t buy, the stock price wouldn’t go up as much but stay steady and he knew you or me would have to sell... instead he made money off of doing that anyway none of them can answer yes or no meaning that raise a high level of suspicious meaning there are lies out there and hopefully it comes out sooner than later also the money that he had made from robbing the small investors that day One of the questions was would he be willing to donate the money to the small investors who had bought and loss and had to sell out due to his negligence because overall that’s what it was and he is extremely apologetic and don’t know what he’s apologising for now that’s not a white lie that’s a criminal.

    • @jagatdave
      @jagatdave 3 года назад

      No..robinhood stopped people from buying is that they did not have enough money to pay margin to original seller..you need to check how settlement system works...I am sure about it..one of my Indian linkedin contact checked on this topic...you have written long so you seem to be serious

    • @jermelblack
      @jermelblack 3 года назад

      @@jagatdave I do understand what you are saying as well I understand he had to protect his initial investment which is his Company but the first interview if you seen it the man asked him did he have a liquidity problem and he said he did not have one so I am still optimistic about the whole ordeal as well he cannot give a yes or no answer which meaning he’s hiding something sometimes things aren’t what it seems even though they are hiding in plain sight... i’m not saying that your friend didn’t do his due diligence i’m just simply saying sometimes smart people overlook the obvious things that are staring them right in the face i’m going to look at his hearing again because it’s a lot of loopholes in it

  • @KK-pm7ud
    @KK-pm7ud 3 года назад +1

    Let's be clear. Robinhood isn't in the business to make money. They are in the business of creating an addictive platform in order to increase the number of engaged users on their platform. They pushed the rest of the industry towards zero fee transactions using payment for order flow to increase the number of new user accounts, not only on thier platform, but across the industry. The reason why they charged lower margin fees than the industry at large, which was clearly irresponsible by the way, was so that they could increase the number of users choosing their platform; along with thier engagement as measured by trading activity. It is clearly a gambling platform guised as 'democratization' (whatever that means) leveraging Pavlovian responses to trick users into making bets on stocks they barely understand. Robinhood didn't care about it's liquidity position because that would have increased the amount of dilution for their shareholders as a result of additional captial raises as they grew. They only sought out capital after it became necessary to prevent bankruptcy. It is easy to see that all Robinhood's leadership and shareholders wanted to do was to get to their IPO with the least amount of dilution possible while maximizing their user base; regardless of the profitability of the platform. Why worry about all of that pre-IPO when they can kick the can down the road until after they get their liquidity event at an absurdly high valaution.

    • @alejandroretyu
      @alejandroretyu 3 года назад

      Wow I enjoyed that. Nice one youre spot on

    • @KK-pm7ud
      @KK-pm7ud 3 года назад

      @@alejandroretyu Thanks. Please share the perspective so others are made aware and understand.

  • @darkoleskovsek2558
    @darkoleskovsek2558 3 года назад

    People just don't get probability of events 🙄

  • @Logiconfire
    @Logiconfire 3 года назад +3

    Always high in drama

  • @edu2857
    @edu2857 3 года назад

    Where is the question about why DTCC raised capital requirements? That’s what we want to know. Robinhood has an excuse, we had a gun to our had so we halted trading. Who was holding the gun, why and how exactly did they formulate the change!!!! Was citadel in contact with that person(s)!!!!

  • @sngs9565
    @sngs9565 3 года назад +1

    Serve Robin Hood well! This is what happens when you promise "Everyone can trade" and get screwed by "Everyone". Reason: Financial industry is an industry HIGHLY REGULATED. Don't just think innovation can cut corners!
    Remember, you are being questioned by the very representatives that would have applauded you and your team just about 2 years ago! Yeah, "she is very knowledgeable ....whether it is science, universe, business, or finance, she is on TOP of the game!" Also, remember the only time FREE MARKET can only be interrupted when bailouts by 1st world nations! Truly, a joke!!!

    • @jagatdave
      @jagatdave 3 года назад

      U r a writer...hahaha

  • @JohnnyUtah269
    @JohnnyUtah269 3 года назад +1

    I bet he’s wearing flip flops

  • @american5564
    @american5564 3 года назад +2

    RH is a front for the hedge funds. Should be questioning them.

  • @WLyons9856
    @WLyons9856 3 года назад

    CAN THESE POLITICIANS PLEASE UNDERSTAND BIG TECH BEFORE THEY START QUESTIONING THESE PEOPLE? They don't even understand how these things work

  • @markowens6728
    @markowens6728 3 года назад +11

    All i want is my money back from market manipulation thats all i ask for.

    • @markowens6728
      @markowens6728 3 года назад

      I was in amc before i found out about wall street bets ur comment is irrelevant

    • @markowens6728
      @markowens6728 3 года назад

      I bought back into amc based on due diligence as they got rid of their bankruptcy and had a plan for reopening. Obviously the price should be going up based on that now. Hedgefunds are trying to use wallstreetbets as an excuse for losses when they should have sold. Instead they got greedy and kept holding. From the moment they halted trading the price started to rapidly fall. If it wasnt for that the stock would continue to go up im not saying it should go to 100 but it was bound to be in the 20 to 30s due to rebounding. Nobody talks abt how hedgefunds exploited a company that suffered because of corona not because of bad business decisions. They deserve everything that happened to them because they didnt care when they made people go bankrupt from heavily shorting. I lost all my profits due to them manipulating the stock.

    • @Joebo31
      @Joebo31 3 года назад

      @@markowens6728 ya they shouldn't have been shorted that much is true. If you really did your DD you would have gotten out when it was worth $300 a share. The fact you are complaining you lost money means you were being greedy and didn't sell.

    • @markowens6728
      @markowens6728 3 года назад +2

      @@Joebo31 i never had a position in gamestop it was amc.

    • @user-xw4vg1vy5e
      @user-xw4vg1vy5e 3 года назад

      He said AMC not GME.

  • @JD-ks2nv
    @JD-ks2nv 2 года назад

    lol. Her questions seem to be more important than the answers. Reclaim her time? Pass on proceeds to customers? They are to profit for their company like any other company.

  • @porterhouse7260
    @porterhouse7260 3 года назад

    Have Vlad and John Cusack ever been spotted together?

  • @jonb9194
    @jonb9194 3 года назад +6

    AOC: "Excuse me, I need to reclaim my [political posturing] time..." Yeah, don't let the crucial answer be stated by the witness, and interrupt as often as possible. What a JOKE.

    • @markofunkade
      @markofunkade 3 года назад

      Exactly. This is pure political posturing. Pre-judges him instead of questioning and then interrupts him within in milliseconds. Absolute farce for the idiot masses.

    • @hoodrat1632
      @hoodrat1632 3 года назад +1

      The whole hearing process is kind of a joke, each only gets 5 minutes, so they can either use that for political posturing using the witnesses as punching bags where they arent allowed to defend themselves or they can ask the same 5 questions as every other congressperson before them because why should congress prepare their questions together to prevent duplication and to maximize the effectiveness of the hearing.

    • @frankfarroghi2538
      @frankfarroghi2538 3 года назад

      Especially when they ask 2 questions at the same time

    • @jagatdave
      @jagatdave 3 года назад

      She told that when finance seemed complex to her...poor politicians

    • @jagatdave
      @jagatdave 3 года назад

      @@markofunkade she did it when answer became heavy for her to understand

  • @thomassperduti4500
    @thomassperduti4500 3 года назад +3

    Go on AOC with your bad self girl!

  • @Pinkpanther100x
    @Pinkpanther100x 3 года назад

    Aoc you should have asked him why they stopped people from buying Nokia which had nothing to do with gamestop

  • @CbusRon
    @CbusRon 3 года назад +1

    I dont know why on Gods green earth y’all are still using robinhood there are so many better brokers and they are all free. Yea I pay a little more for margin but I can call whenever I have a problem and talk to someone real. Robinhood was cool back in high school but I’ve grown up now and y’all should too!

  • @eddiemurphy1775
    @eddiemurphy1775 3 года назад

    See if I was in CONGRESS I would be ruthless. Yes or no answer the question and stop beating around the bush before you catch these hands 😂😂 and that goes for all lawmakers too

  • @lucky247365
    @lucky247365 3 года назад +2

    If Robinhood doesn't get paid for order flow....like every other broker, how do they expect them to stay in business? Unless she is insinuating that RH gets preferential treatment for their flow.

  • @twoeaglesazteceagleandamer9313
    @twoeaglesazteceagleandamer9313 3 года назад +4

    Facebook and twitter closed my account why did not comment what they want to hear
    Freedom for Julian Assange
    📺 The truth is not a crime

  • @Skillest
    @Skillest 3 года назад

    OAC should be in Hollywood. Not congress. It’s all a show. Vlad is not an opportunist he is genuinely try to build something that democratises the financial system. There will be mistakes along the way. Some people are commentators... other build and participate.

  • @omarsegura7096
    @omarsegura7096 3 года назад +1

    She is not the solution, wait for the raise of people

    • @xtrailz
      @xtrailz 3 года назад

      what does this mean?

  • @floridaboy7075
    @floridaboy7075 3 года назад +15

    John Wick stunt double

  • @MMG008
    @MMG008 3 года назад +4

    I’m with the wsb guys but Christ, AOC has an input here and that’s terrifying.

  • @minklein
    @minklein 3 года назад

    oh lawd Miss cortez i would let you yell at me all day lol

  • @xShibux
    @xShibux 3 года назад

    Alexandria Cortez was too nice in this questioning. She should have put more pressure on Vlad Tenev

  • @johnreillypospos655
    @johnreillypospos655 3 года назад

    one thing he has proven is that their model, yeah cheap but also means they stop trading to protect themselves when this same model is challenged and get overexposed, which cost more for retailers. that is potential profit loss for customers.
    if you cannot trade at the perfect time becuase the buy button or sell button disappears then. you lose out on potential massive profits.

  • @LapisGarter
    @LapisGarter 3 года назад

    It's incredible the comments siding with Robinhood. They protected their bottom line and their customer Citadel Securities. They were already fined for manipulating order flow a month before this happened and people want to still claim they're a legitimate broker.

  • @chrisspringer8438
    @chrisspringer8438 3 года назад

    You wasted half of your limited time asking if he’d give his main revenue stream back to the customers....

  • @levyan4718
    @levyan4718 3 года назад +5

    Is that pre-steve jobs?

  • @Anthony-xi9fm
    @Anthony-xi9fm 3 года назад

    Anybody else feel another Mark Zuckerberg?

  • @kevinkidneyy
    @kevinkidneyy 3 года назад +1

    I need my 30k . I could not sell my amc I was up 30k!