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Samson Soturian
Patrick Boyle
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Comments by "Samson Soturian" (@samsonsoturian6013) on "Bill Hwang arrested on fraud charges!" video.
Most or all of them small time noobs with no chance of succeeding
7
They just did
3
His crime is he lied to banks so he could get an absurd amount of leverage.
2
TL;DW Mr Hwang tricked banks into giving him huge loans so he could YOLO.
2
Alleged manipulation, yeah. There's a long list of maybes.
2
The indictment isn't.
1
@GaryARahn are you also going to blame a bank for getting robbed if the thief exploited a security flaw? Trusting people will never be criminalized.
1
Unfortunately it is literally all the gains are for a lot of these goons
1
Finance news has a short attention span.
1
He was a compulsive gambler. Nothing more.
1
They charge people with fraud all the time
1
More regulations favor big, established, trusted firms over new start-ups. Do you really want regs? Also, investment banks are notorious for circumventing regs
1
@BigHenFor the OP wants to be one, so if he knew who they were they'd be dead
1
Oh, don't worry. You can buy something like a REIT, where they're legally required to give you a cut of the revenue.
1