Judd Legum

Judd Legum @JuddLegum

4. Plotkin made massive returns by doing a lot more shorting than most hedge funds & no one complained But this week he was bailed out by his old boss, SAC founder Steve Cohen, and another hedge fund mogul, Citadel's Ken Griffin to the tune of $2.75B https://t.co/26pyBtj4ec — PolitiTweet.org

Judd Legum @JuddLegum

3. The primary "victim" of the retail investors, hedge fund mogul Gabe Plotkin, worked SAC until 2013. What happened in 2013? SAC pleaded guilty to insider trading and paid a $1.3 billion fine. Plotkin then left to start his own firm. https://t.co/26pyBtj4ec — PolitiTweet.org

Judd Legum @JuddLegum

2. Market instability was created by hedge funds and other "sophisticated" investors that SHORTED MORE GAMESTOP STOCK THAN WAS EVEN AVAILABLE FOR SALE Retail investors are exploiting instability created by the hedge funds They didn't start the fire https://t.co/26pyBtj4ec — PolitiTweet.org

Judd Legum @JuddLegum

1. If you turn on CNBC, you'll hear a narrative that reckless retail investors from Reddit are destabilizing the stock market by driving up prices for GameStop and other stocks. This is BS. Follow along if interested. https://t.co/26pyBtj4ec — PolitiTweet.org

Judd Legum @JuddLegum

RT @JuddLegum: 1. Since electing Allen West as chairman in July, @TexasGOP has gone completely off the rails *Adopting a QAnon slogan *Fl… — PolitiTweet.org

Judd Legum @JuddLegum

RT @JuddLegum: Texas GOP Twitter account is having a meltdown trying to explain why its slogan is identical to the QAnon slogan https://t.… — PolitiTweet.org

Judd Legum @JuddLegum

I have a lot more on Plotkin, Cohen, and another key player -- hedge fund mogul Ken Griffin in my newsletter. Sign up: https://t.co/TfpCItdVSo — PolitiTweet.org

Judd Legum @JuddLegum

Funny no one mentions that the primary "victim" of the GameStop trading, Gabe Plotkin, worked for SAC until the firm pled guilty to insider trading in 2013 and paid $1.8B in fines to the SEC and this week, Plotkin got a 2.75B bailout from his old boss, Steve Cohen, SAC's founder — PolitiTweet.org

Judd Legum @JuddLegum

Retail investors are MANIPULATING THE MARKET TO MAKE A PROFIT which is something upstanding hedge fund managers would NEVER DO — PolitiTweet.org

Judd Legum @JuddLegum

Texas GOP Twitter account is having a meltdown trying to explain why its slogan is identical to the QAnon slogan https://t.co/pySNlT10sC https://t.co/KC7C3WPQdx — PolitiTweet.org

Judd Legum @JuddLegum

@TexasGOP The Texas GOP is encouraging me to Google "We Are The Storm" to find out about its connections to a British running author so I Googled "We Are The Storm" British running author and these were the results. https://t.co/5Yn8NcAMHd — PolitiTweet.org

Judd Legum @JuddLegum

@TexasGOP But I noted the @TexasGOP's denial of a QAnon link in the piece itself. And I also explained that, even if these explanations are true, it doesn't mater. QAnon looks for signs, or "bread crumbs," of mainstream support. The Texas GOP is providing one. https://t.co/pySNlT10sC — PolitiTweet.org

Judd Legum @JuddLegum

@TexasGOP Previously the @TexasGOP didn't mention this British running author and claimed it was derived from Psalm 29. So the party is a bit of a moving target on this issue. https://t.co/pySNlTiBka https://t.co/FQrX0PG9sC — PolitiTweet.org

Judd Legum @JuddLegum

Getting attacked repeatedly by the @TexasGOP for noting that its new slogan, "We Are The Storm," is a QAnon mantra. The party claims its a reference to a "British author who writes books about running." Which makes perfect sense. https://t.co/pySNlT10sC https://t.co/mVh4ERTJPt — PolitiTweet.org

Judd Legum @JuddLegum

#TeamWallStreetBets — PolitiTweet.org

Judd Legum @JuddLegum

UPDATE: In an internal communication obtained by https://t.co/Gl6evXRDcZ, @BayerUS told employees it was suspending donations to the 147 Republicans who opposed certifying the electoral college https://t.co/r4Z4TjJUCe https://t.co/DSNyo8bvQA — PolitiTweet.org

Judd Legum @JuddLegum

RT @annehelen: "The government partnered with chains CVS and Walgreens to deploy the vaccine, and these chains have done a bad job. There’s… — PolitiTweet.org

Judd Legum @JuddLegum

One thing the GameStop fiasco illustrates is that the stock market is often detached from economic reality. We should stop using it as a proxy for the economy. — PolitiTweet.org

Judd Legum @JuddLegum

@TexasGOP 6. Unclear WHY corporations are so reluctant to create distance between themselves and the @TexasGOP. This is a state party that literally has adopted a QAnon slogan! https://t.co/euvDLBPoK9 https://t.co/jszlfMyd22 — PolitiTweet.org

Judd Legum @JuddLegum

5. If you work at any of these companies have thoughts on their support for the @TexasGOP please contact me. DMs open, email in biol. For updates and accountability journalism, sign up for the newsletter. https://t.co/TfpCItdVSo — PolitiTweet.org

Judd Legum @JuddLegum

@TexasGOP @GM @bmsnews @Microsoft @HP @SouthwestAir @UnionPacific @CVSHealth 4. Many corporations we contacted - some of which have donated more than 100K to the Texas GOP over the last 5 years - didn't respond. @Altria (145K) @AnheuserBusch (113K) @ATT (125K) @Verizon (115K) @CharterNewsroom (100K) Full list below. https://t.co/euvDLBPoK9 https://t.co/H4Nag5V8k1 — PolitiTweet.org

Judd Legum @JuddLegum

3. Several corporations reiterated that their political donations were paused without commenting on West or ruling out future donations to the @TexasGOP @GM Bristol Myers Squibb (@bmsnews) @Microsoft @HP @SouthwestAir @UnionPacific @CVSHealth https://t.co/euvDLBPoK9 — PolitiTweet.org

Judd Legum @JuddLegum

@TexasGOP 2. @TexasGOP regularly receives 5-figure checks from corporations. https://t.co/JhoV1QDaTS contacted 38 major corporate donors to the Texas GOP. Only ONE, @lyft, criticized West's conduct and said it would not donate in the future. https://t.co/euvDLBPoK9 — PolitiTweet.org

Judd Legum @JuddLegum

1. Since electing Allen West as chairman in July, @TexasGOP has gone completely off the rails *Adopting a QAnon slogan *Floating secession *Undermining the election results But corporate America is going along for the ride Follow along if interested https://t.co/euvDLBPoK9 — PolitiTweet.org

Judd Legum @JuddLegum

It's been three weeks so Ted Cruz would like everyone to stop talking about the violent riot at the Capitol that left five people dead and was incited by Trump with Ted Cruz's help — PolitiTweet.org

Judd Legum @JuddLegum

RT @JuddLegum: UPDATE: 9 more Fortune 500 companies are suspending donations to the 147 Republicans who tried to overturn the election. @A… — PolitiTweet.org

Judd Legum @JuddLegum

@PSEGNews Yep, that's why you are on that list. — PolitiTweet.org

Judd Legum @JuddLegum

RT @KFILE: NEW: Marjorie Taylor Greene indicated support for executing prominent Democrats in Facebook comments, videos, and likes in 2018… — PolitiTweet.org

Judd Legum @JuddLegum

RT @sbg1: One Washington principle holds true today: give a member of Congress a procedural off ramp from a tough political vote and they w… — PolitiTweet.org

Judd Legum @JuddLegum

The idea that a Senate trial on Trump's impeachment is unconstitutional is absurd but every Republican save five just went went along with it. Why? It solves a political problem for them. https://t.co/DEF0EF63oO — PolitiTweet.org