WH: ‘Shouldn’t be a surprise’ Janet Yellen paid by firm in GameStop stock struggle

[Anonymous No.27034138]

>White House Press Secretary Jen Psaki said Thursday it “shouldn’t be a surprise” that Treasury Secretary Janet Yellen was paid to speak to Wall Street, including a hedge fund involved in the GameStop populist investing struggle.
>Yellen, a former Federal Reserve chairman, was paid $810,000 by hedge fund Citadel for three events in 2019 and 2020, according to disclosure forms.
>The firm reportedly infused $2 billion into Melvin Capital Management, a hedge fund hammered by losses in the GameStop struggle waged by smaller investors.
>“Separate from the GameStop issue, the secretary of Treasury is one of the world renowned experts on markets, on the economy. It shouldn’t be a surprise to anyone she was paid to give her perspective and advice before she came into office — before she came in to be the treasury secretary, I should say,” Psaki said at a White House briefing.
>Small-dollar investors banded together on a reddit forum to buy GameStop stock and reap financial windfalls from hedge funds that were “shorting” the stock, or using an investing strategy that rewards them if the value decreases.
>The hedge funds incurred significant losses by predicting declining value for GameStop. Instead, the stock value of the flailing video game retailer soared, forcing the hedge funds to pay the new investors the difference.
>The Securities and Exchange Commission said it’s reviewing the stock-buying campaign and stock-trading platform Robinhood this week shut down purchasing of GameStop stock — enraging leftist and populist right-wing politicians who say big business and the government are unfairly focused on small investors rather than wealthy stock-shorting profiteers.
>Yellen, whose agency is a powerful financial regulator, made $7 million from banks and Wall Street firms in 2019 and 2020 according to her financial disclosure forms.
https://archive.is/m9xTK
How is this legal?

[Anonymous No.27034396]

>>27034138
Shouldn't be. Pisses me of this disgusting old hag gets away with it.

[Anonymous No.27034618]

>>27034396
someone should start a petition calling for her to resign

[Anonymous No.27034628]

>>27034138
>How is this legal?
Its not. Buy and hold.

[Anonymous No.27034647]

>How is this legal?
Laws have very little to do with ethics or morality, anon.

[Anonymous No.27034781]

>Psaki: ‘No and she’s an expert and deserves that money.’

Sometimes I stood there thunderstruck. I didn't know what to be more amazed at: the agility of their tongues or their virtuosity at lying. Gradually I began to hate them.

[Anonymous No.27034829]

>>27034396
um um um um um um um um um um um um um I think... um um um um um um
bitcoin um um um um um um bad

Listening to her talk is infuriating

[Anonymous No.27035688]

test

[Anonymous No.27036238]

>>27034138
I hate this cunt so much. She has that uppity kike face those old jews have. I hope she has a stroke desu

[Anonymous No.27036640]

>‘No and she’s an expert and deserves that money.’
And Gamestop is a good company that deserves it's share price. I like the stock.

[Anonymous No.27036812]

>>27034781
Sometimes I feel like I should go meme that statement (she deserves that money) as white privilege or white supremacy, but I'm just tired. I guess I'll just settle for massive gains bankrupting hedge funds.

[Anonymous No.27037243]

>>27034781
based

[Anonymous No.27037451]

>>27034138
>Shouldn't be a surprise we're corrupt
This has been their go to for decades
It suggests you're an idiot for not knowing and sets you up for apathy
Its a directive to accept it
Will you accept it?