Democrat Banker assisted Democrat Megadonor in The Big Short 2

[tsuke]

https://fortune.com/crypto/2022/11/...s-awkward-for-gary-gensler-and-the-democrats/

We now wave reporting that Gary Gensler (SEC chair) was in discussions with SBF about how to deliver a regulatory framework that was beneficial to SBF.

Who is Gary Gensler? Aside from being a career wall street guy in 2016 he served as CFO to the Hillary Clinton presidential campaign and once President Biden was elected he immediatly appointed Gary Gensler to head the SEC.

But of course Democrats will insist this is a wild conspiracy and must not be investigated at all costs.

Now that you have won the elections can we at least try and make the economy last till 2024 when we can rescue it? Theres no need to speedrun the collapse.

Millenials really astound me. They are the most likely to be invested in things like cryptocurrency and Democrats literally wiped away all their wealth overnight with their antics here and they still vote democrat. They deserve what they get I guess. Congratulations.

 

[Concart]

Sounds like someone lost their ass on crypto. Tough shit. It ain’t political son. It’s about money. SBF it appears to me committed crimes. Crypto is the Wild West. Smart investors stayed clear. Quit blaming your mistakes on a political party. And for Gods sake stop acting like his bears any similarities to 2008. In doesn’t. Stop whining and try again.

 

[tsuke]

Sounds like someone lost their ass on crypto. Tough shit. It ain’t political son. It’s about money. SBF it appears to me committed crimes. Crypto is the Wild West. Smart investors stayed clear. Quit blaming your mistakes on a political party. And for Gods sake stop acting like his bears any similarities to 2008. In doesn’t. Stop whining and try again.

actualy crypto by itself is sound. Its like any other asset. I mean people invest in comic books and hope that goes up in value. What happened here is that SBF with the help of his Democrat friends defrauded people because his exchange held their money and he used it like what wall street did in 2008.

 

[Concart]

actualy crypto by itself is sound. Its like any other asset. I mean people invest in comic books and hope that goes up in value. What happened here is that SBF with the help of his Democrat friends defrauded people because his exchange held their money and he used it like what wall street did in 2008.

Once again it has nothing to do with politics. It’s greed. Nothing more, nothing less. That’s not what happened in 2008. First, no one used investor money to purchase MBS instruments without their knowledge. Nor did they fail to disclose to investors what was in those instruments. Credit agencies failed but this information was available to investors BY LAW. Second, Had there merely been a failure of some investment firms that would have kept the problem isolated. But that was not the case. The poisoning of the overnight lending if commercial banks that owned these firms could easily have caused a run on the banks. We were probably days away from complete collapse. In comparison this is a drop in the bucket.

 

[Hawkeye10]

https://fortune.com/crypto/2022/11/...s-awkward-for-gary-gensler-and-the-democrats/

We now wave reporting that Gary Gensler (SEC chair) was in discussions with SBF about how to deliver a regulatory framework that was beneficial to SBF.

Who is Gary Gensler? Aside from being a career wall street guy in 2016 he served as CFO to the Hillary Clinton presidential campaign and once President Biden was elected he immediatly appointed Gary Gensler to head the SEC.

But of course Democrats will insist this is a wild conspiracy and must not be investigated at all costs.

Now that you have won the elections can we at least try and make the economy last till 2024 when we can rescue it? Theres no need to speedrun the collapse.

Millenials really astound me. They are the most likely to be invested in things like cryptocurrency and Democrats literally wiped away all their wealth overnight with their antics here and they still vote democrat. They deserve what they get I guess. Congratulations.

The generation after millennials is even worse..... millennials tend to be ignorant slackers....gen z are even more ignorant and abusive.

 

[tsuke]

Once again it has nothing to do with politics. It’s greed. Nothing more, nothing less. That’s not what happened in 2008. First, no one used investor money to purchase MBS instruments without their knowledge. Nor did they fail to disclose to investors what was in those instruments. Credit agencies failed but this information was available to investors BY LAW. Second, Had there merely been a failure of some investment firms that would have kept the problem isolated. But that was not the case. The poisoning of the overnight lending if commercial banks that owned these firms could easily have caused a run on the banks. We were probably days away from complete collapse. In comparison this is a drop in the bucket.

You guys are really cold you know? This guy is a major democrat donor. He gave millions to your candidates. The least you can do is stick by him when times are tough instead of just cutting him off.

 

[Hawkeye10]

You guys are really cold you know? This guy is a major democrat donor. He gave millions to your candidates. The least you can do is stick by him when times are tough instead of just cutting him off.

There is no redemption in WOKE....one mistake gets you kicked off the bus to UTOPIA.

 

[Concart]

You guys are really cold you know? This guy is a major democrat donor. He gave millions to your candidates. The least you can do is stick by him when times are tough instead of just cutting him off.

They aren’t ‘my candidates’. Sorry but I’m not in a team. Your tribal attitude toward politics is why the GOP is screwed. You took it too personal.

 

[Concart]

The generation after millennials is even worse..... millennials tend to be ignorant slackers....gen z are even more ignorant and abusive.

Millennials who gambled in crypto didn’t earn any ‘wealth’. They picked a long shot and win. Their mistake was letting it ride. That concept I found uniquely humorous.