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drewg__'s profile
drew
drew
drew
@drewg__

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drew

@drewg__

electronic trading technologist, illiquid commodity futures enthusiast, hedge fund/HFT apologist, big idiot

NYC
Joined April 2009

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    1. drew‏ @drewg__ 12 Jun 2019

      drew Retweeted

      Sincerely curious to know--when people say "wall street" what are they referring to? Is it retail banks? I-banks? Private equity? Hedge funds? VC? Mutual funds? Insurance? Prop trading firms? HFTs? Ratings agencies? Exchanges? REITs? It's a big street w/ lots of people on it! https://twitter.com/JStein_WaPo/status/1138967445505490944 …

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    2. drew‏ @drewg__ 12 Jun 2019

      It's fine if rhetoric of "wall street" just boils down to "I hate the finance people" but we should at least acknowledge that it's not a real policy position Part of what makes Warren so brilliant is that she has been clear from the get-go that her issue is with retail banking

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    3. drew‏ @drewg__ 12 Jun 2019

      I love Bernie but this has been a continual frustration of mine with his platform. I get that executive compensation is a moral outrage but at the end of the day that's not unique to finance and reforming it wouldn't de-risk the industry or improve American lives.

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    4. drew‏ @drewg__ 12 Jun 2019

      This is all just to say that what the layperson means by "the financial industry" is really like 10 distinct industries, each with their own constellations of risks and problems that require meaningful policy solutions

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      drew‏ @drewg__ 13 Jun 2019
      Replying to @psychodomorpha @vch

      An underdiscussed aspect of VC people is that their business model is essentially the same as the big private equity people in NYC, with the biggest difference being that private equity buys existing companies and VC invests in new ones

      8:34 AM - 13 Jun 2019
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