Barbarian Capital
@BarbarianCap
Reading the House report on the $GME saga (via @MarcRuby's Substack)
financialservices.house.gov/uploadedfiles/…
this is great… the Head of Data Science (!) was in charge of collateral, using Excel, and did not know about additional undercapitalized broker requirements
https://twitter.com/BarbarianCap/status/1540467512143495170
So, how's that IPO fee taste now GS? Did you know the US atty of the N dist of CA seized Vlad's mobile the day the IPO deal was announced? Did someone promise Vlad something by text that they shouldn't have to do the deal? Did you know Vlad isn't licensed to sell securities, let alone manage a brokerage?
Sadz.