Benzinga
  • 6 months ago
Barstool Sports Founder Dave Portnoy launched a scathing attack on brokerage firm E*Trade in response to news that they are considering banning retail trader Keith Gill, aka "Roaring Kitty," over allegations of stock manipulation. In an expletive-filled video, Portnoy vehemently criticized E*Trade and accused them of wanting "to work on peasants” and crashing whenever there is market volatility. Portnoy's reaction highlights deep-seated frustration within the retail trading community, which often feels marginalized by larger financial institutions.

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00:00 It's Benzinga and here's what's on the block.
00:02 Barstool Sports founder Dave Portnoy launched a scathing attack on brokerage firm E*Trade
00:07 in response to news that they are considering banning retail trader Keith Gill, aka Roaring
00:12 Kitty over allegations of stock manipulation.
00:15 In an expletive-filled video, Portnoy criticized E*Trade and accused them of wanting to work
00:19 on peasants and crashing whenever there's market volatility.
00:23 Portnoy's reaction highlights deep-seated frustration within the retail trading community,
00:27 which often feels marginalized by larger financial institutions.
00:30 For all things money, visit Benzinga.com.
00:32 [BLANK_AUDIO]

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