Robinhood is said to draw on bank credit lines amid tumult

Re:Robinhood is said to draw on bank credit lines amid tumult by wp381640 on Thursday January 28, 2021 @09:24PM (#25952877)

Option 2 looks like a huge legal liability - they effectively built a product that doesn't do what it says it does and it cost users real money.

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Re:Robinhood is said to draw on bank credit lines amid tumult by thatguy0900 on Friday January 29, 2021 @12:54AM (#25954518)

Is that any different than any digital service with its 99.99% uptime? Robinhood will do everything it says it does except for the once in 30 years black swan meme event where 50% of their users try to invest their life savings at once

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Re:Robinhood is said to draw on bank credit lines amid tumult by 8note on Thursday January 28, 2021 @11:38PM (#25953995)

Option 1 has that same liability, doesn't it?

The manipulation isn't different from insolvency

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