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In this video we go over the disastrous performance of a prestigious Wall Street investment fund.
SEC Press Release: https://www.sec.gov/news/press-release/2022-84
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All materials in these videos are used for entertainment purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please send me an email, wallstreetmillennial @gmail.com and we can sort it out.
#Wallstreetmillennial #Allianz #SEC # Fraud
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Buddha by Kontekst https://soundcloud.com/kontekstmusic
Creative Commons — Attribution-ShareAlike 3.0 Unported — CC BY-SA 3.0
Free Download / Stream: http://bit.ly/2Pe7mBN
Music promoted by Audio Library https://youtu.be/b6jK2t3lcRs
––––––––––––––––––––––––––––––
0:00 - 2:28 Intro
2:29 - 7:24 The Fraud
7:25 - 11:50 deception
11:51 - 13:23 Investigation and outcome
In this video we go over the disastrous performance of a prestigious Wall Street investment fund.
SEC Press Release: https://www.sec.gov/news/press-release/2022-84
Email us: Wallstreetmillennial @gmail.com
Support us on Patreon: https://www.patreon.com/WallStreetMillennial?fan_landing=true
Check out our new podcast on Spotify: https://open.spotify.com/show/4UZL13dUPYW1s4XtvHcEwt?si=08579cc0424d4999&nd=1
All materials in these videos are used for entertainment purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please send me an email, wallstreetmillennial @gmail.com and we can sort it out.
#Wallstreetmillennial #Allianz #SEC # Fraud
––––––––––––––––––––––––––––––
Buddha by Kontekst https://soundcloud.com/kontekstmusic
Creative Commons — Attribution-ShareAlike 3.0 Unported — CC BY-SA 3.0
Free Download / Stream: http://bit.ly/2Pe7mBN
Music promoted by Audio Library https://youtu.be/b6jK2t3lcRs
––––––––––––––––––––––––––––––
0:00 - 2:28 Intro
2:29 - 7:24 The Fraud
7:25 - 11:50 deception
11:51 - 13:23 Investigation and outcome
These people should go to hell instead of jail.
$trka about to run news on earnings coming Monday thank me later…💯🦍🦍🦍🔥🔥🔥🔥🚀🚀🚀🚀🚀
Your name is James Chen.
So what ended up happening to the rogue portfolio manager? I feel like this should have been addressed in the video.
What I've learned so far from these WSM videos, is…
…don't trust big banks and institutions with your money.
…the safest bet to become rich(er), is to scam everybody else.
Options are just financial WMDs.
The guys thumbnail pic looks like he uses crisp $100 dollar bills to clean his teeth 😬
I like selling puts…. And keep on rolling baby.
KEEP ROLLING ROLLING ROLLING WHAT
Wow. That is crazy.
Some jail time coming up for those clowns
What percentage of the lost money from the pension funds and investors was recovered?
Don’t mind me just boosting the YouTube algorithm
So basically playing with options using other people's money, and using eloquent marking buzzwords to hide it. Sounds like Wallstreet bets with a more creative vocabulary 🤔.
Wow imagine having your pension lose over 90% of your investment in such a short amount of time. Crazy. It’s like Vegas.
when owning the underlying, I've found the best way to hedge against a downturn is to sell calls against those shares with a delta no greater than 0.30, then buy puts at the money or at least above your adjusted cost basis if you've been using your position to generate premiums since acquiring the underlying.
When you yolo so badly the SEC and Justice department get involved…
I subbed at under 20k i cant beleive how much you have grown keep it up bro
Wow, this is just blatant fraud. Incredible.
Is it just me or do the fees always seem higher when foreign companies are involved and that US banks only get a slap on the wrist and are allowed to keep the illegal gains?
Don't get me wrong, I like it when a company has to pay for their wicked shenanigans, it just seems to me that US companies get treated much more lightly by the US investigators
I actually grew up with Greg’s kids. This is crazy!
It seems like everytime you see these huge blow ups, the investors are pension funds. The creation of tax code 401k is wonderful thing.
I fr just wanna say that your channel is awesome, I signed up for your newsletter and appreciate every video you put up here!
American justice! SEC; as long as you pay a fee you can continue to rape American investors.
the more complex the strategy, the higher the risk.
Some justice achieved. Incredible!