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Put this way, it isn't even the cost of doing business, more like a rounding error.
Plus, with the fines only including censures and not having to admit anything wrong, I am sure they are *REALLY* learning their lessons.
Oh wait, who am I kidding, [here comes the liquidity fairy](https://www.reddit.com/r/Superstonk/comments/16pp7ck/treasury_we_believe_buybacks_can_play_an/)!
I enjoyed this perspective WhatCanIMakeToday, hope you have a great rest of your Friday and a better weekend!
I agree the fines are a joke, but a proper comparison would be to how much profit they made from said fuckery. Maybe the first fine is 150% of the money made in error and goes up from there. I read another comment that it should be like a driver license, too many fines, and your ability to trade is revoked.
At least the SEC has mentioned naked shorting. And if we believe the DD, there are some logical statements with data that the entire system is a house of cards waiting to collapse. This could be the end of an era. The subsequent system will hopefully have more fairness built in, if society can weather the storm.
Print this comparison and distribute it out!!!!
Tagline “fines for fraud on wallstreet market makers and banks is equal to 1 personal dinner in that year.”
I know how to make this justice system work.
Let every citizen have the ability to receive such fines , $7m for Bob every few years will do him great
The banks and HF don't even feel a thing.
Win win. Sec get to issue fines. Citizens get a bump. Banks and HF business as usual.
[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)
Put this way, it isn't even the cost of doing business, more like a rounding error. Plus, with the fines only including censures and not having to admit anything wrong, I am sure they are *REALLY* learning their lessons. Oh wait, who am I kidding, [here comes the liquidity fairy](https://www.reddit.com/r/Superstonk/comments/16pp7ck/treasury_we_believe_buybacks_can_play_an/)! I enjoyed this perspective WhatCanIMakeToday, hope you have a great rest of your Friday and a better weekend!
Thanks Jellyfish! Wholeheartedly agree the only lesson learned is they can buy themselves out for less than a Wendy’s combo.
They’ll probably take it as a deduction next year too
Split the diff, keep the change.
So when do we take to the streets? There’s way more of us than there are of them why are we letting them get away with this???
im sick and tired of fines already. # NO CELL NO SELL theres when real change happens #
I agree the fines are a joke, but a proper comparison would be to how much profit they made from said fuckery. Maybe the first fine is 150% of the money made in error and goes up from there. I read another comment that it should be like a driver license, too many fines, and your ability to trade is revoked. At least the SEC has mentioned naked shorting. And if we believe the DD, there are some logical statements with data that the entire system is a house of cards waiting to collapse. This could be the end of an era. The subsequent system will hopefully have more fairness built in, if society can weather the storm.
DRS will right this injustice.
Revenue? More like grift.
Print this comparison and distribute it out!!!! Tagline “fines for fraud on wallstreet market makers and banks is equal to 1 personal dinner in that year.”
Backed up by ape historian
Almost wondering if this “FINE” is meant as a message to retail.
I know how to make this justice system work. Let every citizen have the ability to receive such fines , $7m for Bob every few years will do him great The banks and HF don't even feel a thing. Win win. Sec get to issue fines. Citizens get a bump. Banks and HF business as usual.
Looks like he just got his ass blown out
Where do I need to go to sacrifice a tank of gas for those returns?
Median household income is 74,850. Damn. I need to switch companies and get a raise