…folks like my nephew actually aren’t your customer. They’re your product. Your customer is sitting right next to you, Mr. Griffin with Citadel.”
TSP & Vanguard Smart Investor Posts
Social Security is a transfer tax from the current generation to the retired generation. It is a generational tax, not an investment account, so the rich in our generation should NOT get off the hook…
Smart Bird: Do you wonder why Citadel pays your brokerage to execute trades instead of charging them?
Robinhood, E-Trade, TD Ameritrade, Charles Schwab, WeBull, Ally Invest Securities, First Trade, TradeStation and Fidelity all get paid to direct your orders to Citadel to execute trades according to the Marten’s 4 February article.
Before you buy into the David versus Goliath saga of GameStop, it would be wise to step back and do some homework on what’s really going on.
Gamestop is blowback to wall street. Wall Street wants protection. Two minutes of truth.
“The pint-sized Carmen Segarra had the guts to sneak a tiny tape recorder into the New York Fed to blow the whistle on the crony relationship between the Federal Reserve Bank of New York and Goldman Sachs. Segarra was an… Read More ›
Millennials own less than 5% of all US wealth today compared to baby boomers at the same age who owned 21%. The economy and financial system have been rigged against them.
Apparently, a proven background in preying on average Americans is now a prerequisite for getting a job as a Wall Street regulator.
Pardoned General Flynn calls for martial law to overthrow Congress and the Courts and Trump holds a press conference saying he is going to do something to defend the election system…great, just great.
…there’s a salient aspect of Yellen’s career that should not be overlooked: Her failure as Fed chair…