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Episode #63: Former Market Maker Talks Biggest Headlines in Trading 2021

Confessions Of A Market Maker

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Exactly. It's Taking Your Money

Hwang: When did it start to be okay to lose 30 billion dollars? Hwang: The people who loaned him the money should be taken out and flogged. He says that in the old days brokerage firms in these banks, they were run by partnerships. They had 60 really old, crotchety,. weasily men, right, that would sit together and hoard all the money. J.P.: It's almost like these are like the masters of the universe. Like if they're losing money, should we be concerned Jay?

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