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Mr. GameStonk Goes To Washington: Congressional Hearing On the WallStreetBets Saga Begin Tomorrow
Starting tomorrow (February 18) The House of Representatives Committee on Financial Services will be convening to discuss the late-January Market Fluctuation involving WallStreetBets, RobinHood, Citadel and Melvin Capital among many of the figures within and surrounding the short squeeze with GameStop stock and the rise of the Meme Economy. Wall Street has struck back in various ways, but now the people involved will have their chance to tell their story.
Robinhood CEO Vlad Tenev has made the rounds with the dinndu speeches, and Keith Gill (aka DeepFuckingValue/Roaring Kitty) has released a written statement setting the stage.
Should get interesting and could be revealing.
Sources:
Market Insider: https://markets.businessinsider.com/news/stocks/congressional-hearing-on-gamestop-ahead-what-investors-need-to-know-1030094080?op=1
New York Post 1: https://nypost.com/2021/02/16/goldman-sachs-launches-robo-adviser-for-marcus-customers/
NYP2: https://nypost.com/2021/02/15/robinhoods-vlad-tenev-admits-gamestop-communication-failure/
NYP3: https://nypost.com/2021/02/17/roaring-kitty-keith-gill-defends-his-gamestop-posts-amid-lawsuit/?utm_source=NYPTwitter&utm_medium=SocialFlow&utm_campaign=SocialFlow
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#GameStop #RobinHood #Congress
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