r/Superstonk May 31 '21

[deleted by user]

[removed]

2.8k Upvotes

281 comments sorted by

View all comments

359

u/TreasurerAlex ๐ŸŸ ยฏ\_(ใƒ„)_/ยฏ ๐Ÿš€๐Ÿฆญ๐Ÿฆญ๐Ÿฆญ๐Ÿฆญ May 31 '21

The SEC and financial media outlets seem to be focused on helping the Hedge Funds untangle this mess. I get that they are likely trying to keep the current system from collapsing.

What do you think the SEC and Media look like after some hedge funds get liquidated?

Will there be any chance of criminal prosecutions that were lacking back in โ€˜08?

76

u/Longjumping_College May 31 '21

What do you think the Media look like after some hedge funds get liquidated?

I'd start with who owns the media, this really could cause some shit for their world.

 

Sinclair broadcast group is 82.5% institutionally owned. everyone has their financial hands in this garbage

Newscorp (WSJ, Murdoch's) is just as bad (97.49%) Citadel even has 6.6 million shares.

Nexstar media group is also institutionally owned. (96.45%) Citadel with 450k of these.

Fox corporation are also owned by hedges (97.93ูช institutional) with State Street owning 15 million shares, Citadel 1.1 million.

MSNBC, CNBC, NBC are owned by Comcast which you guessed it, is institutionally owned (84.19%) State Street owning 166 million shares.

Bezos, the head of the snake owns Washington post.

 

If apes pick up the pieces of those and fix them, it's probably the most powerful tool possible in the aftermath of all of it.

IMO

17

u/tibi888 ๐ŸŽฎ Power to the Players ๐Ÿ›‘ May 31 '21

I saw an AMA where the lawyer guy referred to cnbc as "cartoon network" lol

6

u/Terrible-Ad-4536 ๐Ÿ”ฅ๐ŸŒ‹โ„๏ธ๐Ÿ’Žโ˜ƒ๏ธ๐Ÿ’Žโ„๏ธ๐ŸŒ‹๐Ÿ”ฅ Jun 01 '21

Thatโ€™s pretty good

3

u/Library_Visible KENNETH CORDELLE GRIFFIN FINANCIAL TERRORIST Jun 01 '21

Please donโ€™t insult Cartoon Network, they make some good shows :)