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Why is the financial sector so widely disliked ?

79 replies

Swirlythingy2025 · 15/04/2025 13:03

Been watching the show Billions and from watching it seems Hedge funds, investment banks, and the stock market often face accusations of greed and serving only the elite.

Is the stock market rigged against ordinary people, or do we fail to grasp its complexities?

my personal view is society needs its Ax capital or its Bobby Axelrods of society

OP posts:
PollyPaintsFlowers · 18/04/2025 07:52

Swirlythingy2025 · 15/04/2025 15:13

basically shorting the market and getting a return because it went the way they thought it would.
ill admit its like disaster capitalism.
not the better side of the finance markets

I've just finished reading All Out War by Tim Shipman. One businessman alone made £220,000,000 on the stock market betting the pound would fall after the referendum results

LetMeGoogleThat · 18/04/2025 09:49

Spent many years working in the charity sector, and the financial sector are often invaluable. Many charities, especially benevolent funds rely on the return on the investment to fund the charitable activity. Financial services have global impact on certain industries, such as oil etc and can reduce the share price as ethical investors won't touch them.

BitOutOfPractice · 18/04/2025 09:50

I think it’s because they are greedy and serve only the elite in a system that is definitely skewed against ordinary people.

Flytrap01 · 22/04/2025 17:05

PollyPaintsFlowers · 18/04/2025 07:52

I've just finished reading All Out War by Tim Shipman. One businessman alone made £220,000,000 on the stock market betting the pound would fall after the referendum results

that is omg but then thats how the stock market is , it seems

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