Hwang allegedly defrauded leading global investment banks and brokerages of billions of dollars by telling them lies so his private investment firm could grow its portfolio from $10 billion to $160 billion.
The sharp drop in Netflix stock “led to a wave of downgrades from Wall Street on fears over the company’s long-term growth potential,” resulting in a loss of more than $50 billion of its market cap.
A media report reveals how Wall Street investors are snapping up houses people lost during the Great Recession and the coronavirus pandemic.
A Wall Street financier worth billions, courtesy of the free market system, is funding courses in Marxism-Leninism and a program that preaches the superiority of Chinese communism.
Wall Street firms are paying huge bonuses as the economy emerges from the pandemic, with compensation packages growing to levels not seen in a decade.
Sims in a recent interview called out Big Tech companies and Wall Street for aiding Communist China’s rise at the expense of America.
Vice President Kamala Harris has tapped Wall Street and Silicon Valley CEOs for advice on how to tackle the porous southern border and stem the inflow of illegal immigrants fast defining her struggling tenure of office.
Universities and workplaces across the country are once again going remote as the coronavirus omicron variant spreads across the country.
Justin Danhof said the SEC is allowing Nasdaq to discriminate against “white straight Christian men” with a “diversity” quota regulation.
MassMutual has been fined $4 million by the state of Massachusetts for failing to censor an employee who helped launch the GameStop squeeze.
Coal miners from across Alabama, West Virginia, and Pennsylvania protested outside the Wall Street firms like BlackRock, the biggest shareholder in Warrior Met Coal, on Wednesday in a fight for better union contracts.
Citigroup, Wells Fargo, Bank of America, and investment firm BlackRock reported increased earnings Wednesday, while everyday consumer goods prices have increased due to President Joe Biden’s inflation.
The elite wall street investment banks smashed earning expectations on Tuesday, while the American worker struggles with rising consumer good prices due to President Joe Biden’s inflation.
A London hedge fund that bet against GameStop has become one of the first casualties in the populist internet revolt against Wall Street.
Six of the United States’ biggest banks have signaled support for President Joe Biden’s massive amnesty plan that would put roughly 11 to 22 million illegal aliens on a path to securing American citizenship while doubling legal immigration levels.
Social media giant Twitter reported lower than expected user growth in its first quarter, despite the company’s efforts to fight “misinformation” on the platform, which it has touted as the key to increase user engagement.
E-commerce giant Amazon released its first-quarter results on Thursday, reporting a 44 percent sales increase. The results blew analysts’ expectations out of the water. The Masters of the Universe say they expect their sales to continue to climb in the second quarter.
Google’s parent company Alphabet has reportedly more than doubled its profits after companies massively invested in digital advertising to reach people working and interacting online during the coronavirus pandemic.
Wall Street firms, multinational corporations, and giant law firms are teaming up with the Brennan Justice Center, which is heavily funded by billionaire George Soros, to pressure states against reforms to their voting laws.
An interesting trend is emerging in American politics whereby Democrats are emerging as the party of financial corruption as Republicans find fundraising success sans corporate dollars. The tectonic political shift could prove significant in the long-run leading into the 2022 congressional midterm elections, and beyond.
More financial problems for House Democrats are piling up as Democrat Congressional Campaign Committee (DCCC) chairman Rep. Sean Patrick Maloney (D-NY) failed to report a series of stock trades he made on time, a potential violation of federal law.
Wall Street firms are looking into resume their political donations in the coming months, according to a report from Bloomberg.
The majority of American voters say the federal government is “biased in favor of bankers,” while only a fraction believe there is a bias toward United States consumers, a poll reveals.
The United States Chamber of Commerce is backing President Joe Biden’s nominee to lead the White House’s Office of Management and Budget (OMB), Neera Tanden, who has deep financial ties to billionaire George Soros, Wall Street firms, and Silicon Valley’s biggest tech corporations.
President Joe Biden’s nominee to lead the Office of Management and Budget (OMB), Neera Tanden, was grilled by Sen. Josh Hawley (R-MO) for her financial ties to Wall Street firms and tech corporations.
Texas attorney general Ken Paxton, who is investigating Google in a multi-state antitrust case and recently launched an investigation into the trading app RobinHood, joined Breitbart News editor-in-chief Alex Marlow on Breitbart News Daily on SiriusXM Monday morning.
China’s state-run Global Times on Sunday celebrated the GameStop stock-shorting saga as a failure of free market capitalism, boasting that such a wild ride could never be taken in China’s tightly-controlled financial system.
Popeyes Chicken launched a “Free Tendies Offer” on Monday as part of a promotional campaign built upon the recent GameStop stock surge.
Nigel Farage has hailed the GameStop rebellion as the natural successor to the populist movement which carried Brexit and Donald Trump to victory in 2016.
Shares of GameStop and AMC saw tremendous gains this week as an army of small retailer investors beat back sophisticated hedge funds that had bet against the stocks.
During a Friday appearance on FNC’s “Fox & Friends,” Sen. Josh Hawley (R-MO) criticized Wall Street for freezing out traders in the wake of trading app Robinhood restricting purchases of GameStop shares on its platform.
Sen. Elizabeth Warren (D-MA), who has long billed herself as an enemy of Wall Street, is urging the United States Securities and Exchange Commission (SEC) to review the recent surge in stock for video game retail company GameStop that was spurred by an online Reddit community.
Janet Yellen, the former chairwoman of the Federal Reserve who is now His Fraudulency Joe Biden’s Treasury Secretary, made millions off Wall Street “speaking fees” over the past two years. In some cases, she didn’t even have to show up to speak. Her appearance was “virtual.”
Yellen will speak to the president after the trading app Robinhood infuriated users for blocking purchases Thursday of stocks popularized by Reddit such as GameStop.
The beneficiaries of Wall Street’s cash flow have stacked President Joe Biden’s cabinet picks to head various agencies, including the Treasury Department, Transportation Department, and State Department.
Populist movements against ruling elites have been the big political story of the past five years. But at the very moment when elites appear to be winning political battles again, a new threat to their power emerges — this time aimed at Wall Street rather than Washington.
Rapper Ja Rule is the latest public figure to side with populist investors from the WallStreetBets Reddit community, who have been buying up shares of companies shorted by institutional hedge funds, including Gamestop, AMC Theatres, and Nokia.
As share prices of GameStop stock soar, the popular trading Reddit forum WallStreetBets is facing increased scrutiny. Last night the messaging service Discord shut down the subreddit’s Discord server, a short while later the subreddit went private for some time.
Wall Street had a very good year in 2020.
Compensation at Goldman Sachs jumped 8% in a year when millions of Americans lost their jobs and the economy contracted.
