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A comment on Robinhood is said to draw on bank credit lines amid tumult. Parent comment

Re:Robinhood is said to draw on bank credit lines amid tumult by Aeolun on Thursday January 28, 2021 @11:07PM (#25953753)
> I imagine they have a limited number of people on staff with deep clearing knowledge

Since you just gave us the basics in like 5 minutes, is it too much to expect that people whose job it literally is know that too? Especially the ones doing communications.

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Re:Robinhood is said to draw on bank credit lines amid tumult by JumpCrisscross on Friday January 29, 2021 @01:26AM (#25954672)
> is it too much to expect that people whose job it literally is know that too?

No, I don't think so. I don't know when they drew on these lines of credit. Maybe that was still up in the air when the first announcement was made. No financial institution wants to say "we ran out of capital" during market hours.

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