The historic short squeeze, engineered by a bunch of deeply cynical small traders, exposed just how rigged the market has been…
Jerome H. Powell took office as Chair of the Board of Governors of the Federal Reserve System on February 5, 2018, for a four-year term. Mr. Powell also serves as Chairman of the Federal Open Market Committee. Prior to his appointment to the Board, Powell was a visiting scholar at the Bipartisan Policy Center in Washington, D.C. From 1997 through 2005, Powell was a partner at The Carlyle Group. Powell served as an Assistant Secretary and as Under Secretary of the U.S. Department of the Treasury under President George H.W. Bush. Prior to joining the Bush administration, Mr. Powell worked as a lawyer and investment banker in New York City. He received an AB in politics from Princeton University in 1975 and earned a law degree from Georgetown University in 1979. While at Georgetown, he was editor-in-chief of the Georgetown Law Journal.
Sidney Powell represents individuals, corporations, and governments in federal appeals in complex commercial litigation. Powell wrote LICENSED TO LIE: Exposing Corruption in the Department of Justice after seeing a core group of federal prosecutors break all the rules, make up crimes, hide evidence, and send innocent people to prison. She continues to write articles on government misconduct and prosecutorial misconduct for The Daily Caller, the Observer, the Hill, Fox News, and other outlets.
Financial Times, 18 March 2020
In the past seven days, various bans on short-selling — the practice of betting on a stock falling in price — have come into effect across Italy, France, Belgium, Spain and Greece. The reason? In Italian regulator Consob’s own words: “these measures were made necessary by the strong turbulences triggered in the last days by the Covid-19 pandemic”.