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That's the kind of farce that would follow all the farce so far.if enough people buy Gamestop stock they can literally collapse the entire global economy and end capitalism.
Hell, I knew before the election of 2016 that a lot of the "anti-SJW/anti-woke" mindset/dialog had its origins in Eastern Europe and most definitely Russia and that Russian internet warriors were definitely trying to encourage it in the West.
An A-list group of financial backers including Ken Griffin and Peter Thiel gave Toby Neugebauer tens of millions of dollars to build a new kind of bank—one aimed at people who see Wall Street as too liberal.
The potential customer base was huge, Mr. Neugebauer and his business partner, former Mike Pence chief of staff Nick Ayers, told the investors. Plumbers, electricians and police officers, the pitch went, are fed up with big banks that don’t share their values.
The startup, called GloriFi, initially aimed to launch with bank accounts, credit cards, mortgages and insurance, while touting what it called pro-America values such as capitalism, family, law enforcement and the freedom to “celebrate your love of God and country.”
Within months, the investors’ money was nearly gone, and GloriFi was on the verge of bankruptcy.
More, please. Bankrupt these a$$hat$.![]()
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How a New Anti-Woke Bank Stumbled
GloriFi CEO Toby Neugebauer won over A-list investors to build a bank that would cater to people who consider Wall Street firms too liberal. Within months it was nearly bankrupt, and it missed launch dates amid layoffs and alleged workplace turmoil.www.wsj.com
WSJ is subscription, of course, so I couldn't read why they failed. Using their "anti-woke" business philosophy doesn't seem to explain their failure. Did their customers not beat a path to their door? Did customers walk in and turn right around after being told they don't accept LGBTQ persons as customers? Did they not know how to run a bank? Did they run into hiring problems? How did they knee-cap themselves, one wonders?![]()
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How a New Anti-Woke Bank Stumbled
GloriFi CEO Toby Neugebauer won over A-list investors to build a bank that would cater to people who consider Wall Street firms too liberal. Within months it was nearly bankrupt, and it missed launch dates amid layoffs and alleged workplace turmoil.www.wsj.com