this citadel cannot pay robin hood, would it be different if citadel bought robin hood? >> the gentlewoman from missouri, and waggoner is now recognized for five-minute. >> thank you. oh what you take this opportunity to veer off for say a bit and mentioned after years of thorough and proactive input from stakeholders and investors, the sec finalized its regulation is now in effect. under your leadership, does the sec plan to make any amendment. >> i think it is important that investors have brokers take things to heart. that's what we are going to do. to ensure that is complied with. applied as written, glad to hear it. i want to urge you to ensure the commission and staff under your leadership follow the mission, which is to protect your investors and maintain fair, orderly and efficient markets and facilitate capital formation. i want to thank you for appearing before us today, and i hope we can work together to provide investment choices in access and affordability. thank you. was it possible that a financial transaction tax could increase financial market volatility

but if somebody else had gone during that period of time, robin hood nor robin hood clients would have to word about the trading consummated. i think that's the story that's getting lost somewhere in this somehow is the system worked. there is incredible volume of the system process that volume. there were big changes in margin nobody was at fault no one was pushed into that situation for it from a firm basis. the impact on the retail client i've said both the scc on this committee hope they'll come back with representation. from our aspect the post tradingas aspect there is incredible. of stress.bs we then see the circumstance we were prepared for volume surges we were prepared for market stresses. that part worked very well. >> okay thank you for this is important to the whole panel do you believe unification and if so what should be in place to ensure our investors are protected? mexico congressman i thank you for asking that this term game of vacation which means embedding game -like features into application is not relate to just finance and if i might say figure out some time ago

the aintina robin hood reasons. yeah. the painting has — robin hood reasons. yeah.h refer to social injustice? age, which refer to social in'ustice? ~ , ., , injustice? when they give a film is beautifully written _ injustice? when they give a film is beautifully written as _ injustice? when they give a film is beautifully written as this, - injustice? when they give a film is beautifully written as this, when i injustice? when they give a film is beautifully written as this, when it comes it is really important. it helps us all and helps everyone and it... sometimes those films can be a bit heavy—handed and a bit sort of declamatory and put you off the message they are trying to have a but this is such a delicious and support script. ham but this is such a delicious and support script-— support script. am i right in thinkina support script. am i right in thinking you _ support script. am i right in thinking you had _ support script. am i right in thinking you had a - support script. am i right in i thinking you had a celebration support script. am i right in - thin

but the point was not about "robin hood: men in tights."t robinhood helping to fight poverty in new york. we will talk about it next and why it is such a big deal, why jp morgan is so involved, and what to expect, and of course the outlook on the markets and what clients are talking about right now. this is bloomberg. ♪ [ sigh ] not gonna happen. that's it. i'm calling kohler about their walk-in bath. my name is ken. how may i help you? hi, i'm calling about kohler's walk-in bath. excellent! happy to help. huh? hold one moment please... [ finger snaps ] hmm. ♪ ♪ the kohler walk-in bath features an extra-wide opening and a low step-in at three inches, which is 25 to 60% lower than some leading competitors. the bath fills and drains quickly, while the heated seat soothes your back, neck and shoulders. kohler is an expert in bathing, so you can count on a deep soaking experience. are you seeing this? the kohler walk-in bath comes with fully adjustable hydrotherapy jets and our exclusive bubblemassage. everything is installed in as little as a

hearing with the new sec commissioner and gendler will 0 in on how robin hood makes this money whichmers orders to citadel securities which is owned by citadel hedge fund ken griffin and likely questions about conflicts of interest and whether robin hood is working in the best interests of their client. in the game stop saga in january many people accused robin hood for eliminating these trades because citadel was losing money off of its investment and short-sellers were bidding against these stocks and you can imagine shortselling will also be brought up as well in the role of social media in the markets today. it will be interesting, people will be paying close attention to what this means to the ipo later this year. >> the stock price appellate on plunged after the company recalls the treadmills of safety concerns, the stock, the company lost $4 billion in market cap. this morning it is down another 3.5%, palazzolo way back to $79 per share, that is happening right now. caitlin jenner sat down with sean hannity, her first interview since announcing her bid to the governor of calif

still ahead this hour, cyber security risks, 3d printed rockets and a $2 million merger from robin hood competitor acorns so it's another day. yeah- that's what most people think. but in business it's never just another day. every day is the day. there's the day your store has its biggest sale. the day you have a make or break presentation. and the day your team operates from across the country. but there's also the day you never see coming- the day when nothing goes right. see- that's the thing. you never know what the day might bring. so whether you do business on wall street or main street you have to be ready. with the power of the network that can deliver gig speeds to the most businesses. the freedom to control that network from anywhere. and advanced cybersecurity to help protect every device on it. all backed by a dedicated team 24/7. every day in business is a big day. we'll keep you ready for what's next. comcast business powering possibilities. >>> the top and bottom lines, sales, due to, quote, demand for electronics. the pandemic has waned here in the united states. shares

to address to you know as had just mentioned there it seems like they're trying to say they're robin-hood here that they're you know they're taken from the wealthy they're going to give it to charity i mean what do we need to know about all that yet well there's a couple of important points there let's start with the last one yes they actually do kind of set themselves up as to be a robin hood as type of group from the rich we steal from big corporations and governments around the world and then we give away a portion of the proceeds to charity which is kind of an interesting kind of i guess spin on it if you will yeah they do receive through cryptocurrency and this does happen in other places look i think there's a certain segment of the population by the way that actually like this kind of thing or not like it and. terms of just necessarily thinking these are the good guys but just in terms of saying hey if you're stealing from you know a big oil company if you're stealing from a company called colonial pipeline what harm are you really causing now obviously there's a lot of harm being

when it saw the big outages in 2020 robin hood was hit with multiple class action suits because theyrobin hood would not let them trade guys, back to you. >> kate, we've been talking about this this morning on our livestream ron john roy talked about it as well, but just the institutional piece. i wonder how you think that piece, the fact it is more mainstream among institutions could make this volatility different than the last time we saw, you know, the krimt owe winter begin we have been pointing to the chart of gold versus bitcoin totally reversed over the last few months what does it tell us about institutional appetite to actually stick with bitcoin? there you have it right there, but it has reversed over the last little bit. what does it tep you about the piece of this and what it could mean nor the future of cryptocurrencies >> that's key to watch, and something i have been hearing this morning talking to analysts you might have had headlines out of china, which you pointed out is not new but seemed to effect the price. you had elon musk starting this trend and sort of the lo

you to address to you know as todd just mentioned there it seems like they're trying to say their robin-hood here that they you know they're taking from the wealthy they're going to give it to charity i mean what do we need to know about all that yet well there's a couple of important points there let's start with the last one yes they actually do kind of set themselves up as to be a robin hood as type of group from the rich we still from big corporations and governments around the world and then we give away a portion of the proceeds to charity which is kind of an interesting kind of i guess spin on it if you will yeah they do receive through crypto currencies and this does happen in other places look i think there's a certain segment of the population by the way that actually would like this kind of thing are not likely to. terms of just necessarily think of these are the good guys but just in terms of saying hey if you're stealing from you know a big oil company if you're stealing from a company called colonial pipeline what harm are you really causing now obviously there's a lot of harm

you to address to you know as i just mentioned there it seems like they're trying to say they're robin-hood here that they you know they're taking from the wealthy they're going to give it to charity i mean what do we need to know about all that yet well there's a couple of important points there let's start with the last one yes they actually do kind of set themselves up as to be a robin hood as type of group from the rich we still from big corporations and governments around the world and then we give away a portion of the proceeds to charity which is kind of an interesting kind of i guess spin on it if you will yeah they do receive through crypto currency. and this does happen in other places look i think there's a certain segment of the population by the way that actually would like this kind of thing not like it in terms of just necessarily thinking these are the good guys but just in terms of saying hey if you're stealing from you know a big oil company if you're stealing from a company called colonial pipeline what harm are you really causing now obviously there's a lot of harm being

robin hood is a foundational chair ready event taking place virtually on june 16th at robin hood raises is a form of entertainment. >> they go to raise money to help the poor. everyone gets dinner each and every year. that is where the wall street titans are. stuart: robin hood is -- all these revolving flashing lights and all that kind of stuff. >> you are talking about the investment apps. this is a robin hood foundation charity which is based in new york city. >> 6 of one at half a dozen of the other. >> j the has a smart business model, he built his champagne. stuart: you just caught me. totally wrong. you are talking about the robin hood foundation. >> that is correct. but i was very polite about it. stuart: not wearing any makeup but i do believe i am blushing. that was a mistake. just made it. >> you have to admire mistakes, that is great. i respect that. stuart: not very often. in my opinion this weekend marks the end of covid's grip on our everyday lives. it is memorial day weekend. masks are coming off. we will be out and about, this is a big deal. that is what we cover for th

before the house financial services committee, raising concerns about online trading companies like robin hoodf social media on the market. also testifying, michael, president and ceo of the department trust and clearing corporation and robert cook who heads the financial industry regulatory authority. >> this hearing is entitled game stopped. who wins and loses, short-sellers. social media and rai

or should we have one rule for robin hood? and another rule for the sheriff of nottingham and his family office? >> i appreciate the question and i think this is an area that i know people are looking at closely and i think it probably a good thing to continue to look at it. the big thing i would focus on is transparency. one of the things that would be interesting is disclosure regime around the different >> i asked a question. it's not very transparent. you are a robin hood customer, you get one to one. if you can negotiate because you are big, you can get eight to 1,921 leverage. that's transparent. -- eight to nine. should we have the same rules? >> when you look at institutional the disappearance, there are a variety with of ways people can get leverage. generally, whether retail or institutional, if you are looking at straight margin, it is one-to-one. generally speaking, >> reclaiming my time. the small swab is a way to have all of the economic benefits and i'm going to try to squeeze and another question. that is, we s

it was the last of 3 hearings to examine the gamestop robin hood reddit saga.our washington dc correspondent anna wiernicki is in washington. what is next. >> wall street's top regulator told lawmakers on thursday that the agency is considering new rules after a group of amateur investors on reddit work together in january to drive up stock prices for the video game company gamestop taking on wall street. investors who bet the company would fail. what happened on january 27th in 8 was not good for millions of investors democrats, including california congresswoman maxine waters says it's time congress and the sec hold wall street more accountable is critical for our cops on the block at the sec to protect investors and ensure that markets transparent and fair water says the sec needs to crack down on private funds, especially hedge funds. but republicans say more rules would only make it harder for americans to invest or exploiting high-profile situation. >> to push a radical progressive agenda that will only further prevent every day. american investors from a

the ceo testified before the house financial services committee on apps like robin hood and social media's influence on the market.

the group has a robin hood image of stealing. it carrying pipeline and gasoline from texas to the northeast and has been shutdown since friday. the biden administration says an effort is underway to restore operations. georgia-based colonial pipelines says it usually pumps 100 million gallons of fuel through the network every day. >> get everybody out of the house. >> new video slowing terrifying moments for a close knit community around sacramento. a fire erupted at this home in elk grove. it happened yesterday. the flames quickly spread through the grass and into the home next door. one of the houses were well ablaze but nobody was inside. >> it is a good neighborhood. >> the flames were shooting 50 feet in the air. >> fires can start in those areas any where. in the city, suburbs, in the country. >> firefighters are still trying to figure out the cause the strong winds played a role. the sacramento region is under the same red flag warning we are under. >>> take a live look at where the city is a month away from unavailing an

the whole robin-hood she lives their life my headquarters here and also come.

it was the last of 3 hearings to examine the gamestop robin hood, redick saga.hington, dc correspondent anna wiernicki reports. >> wall street's top regulator told lawmakers on thursday that the agency is considering new rules after a group of amateur investors on reddit work together in january to drive up stock prices for the video game company gamestop taking on wall street. investors who bet the company would fail. what happened on january 27th in 8 was not good for millions of investors democrats, including california congresswoman maxine waters says it's time congress and the sec hold wall street more accountable is critical for our cops on the block at the sec to protect investors and ensure that our markets transparent and fair water says the sec needs to crack down on private funds, especially hedge funds. but republicans say more rules would only make it harder for americans to invest or exploiting high-profile situation to push a radical progressive agenda that will only further prevent every day. american investors from accessing our capital markets.

the group is allegedly made up of cyber criminals who liken themselves to robin hood by stealing from corporations and giving a cut to charity. >>> there was a surge in violence across the nation this mother's day weekend in new york city. police are searching for this man caught on surveillance video. they say that he might be connected to a shooting that left three innocent bystanders injured in times square. the frightening scene unfolded saturday. the bystanders, including a 4-year-old girl, did not know each other. they're expected to survive. laura podesta is in new york. laura, how did all of this start? >> reporter: good morning, anne-marie. well, police say that two to four men got into a fight. one of them opened fire, and as you mentioned, shot three innocent bystanders. the nypd says the shooter is known to them for illegal vending in the times square area. a manhunt is under way in new york after a shooting in times square. >> all three are bystanders. >> reporter: all are expected to survive including a 4-year-old girl seen here being rushed to an ambulance by officer al

entire investment landscape which will spell doom for the market and all that we tell traders that robin hood actually built out so biden's tax hike well again rank america dead last with a corporate tax rate 7 points higher than china and drag the u.s. back to having the highest combined corporate tax in the developed world which is 9 percentage points higher than the average of developed countries. will certainly be interesting to see exactly what the by an administration decides to do christiane. thank you both for your time thank you. that's all for now you can catch him boss on demand by downloading the portable t.v. out for your apple or android device will see you here next time and as always don't forget to question more. muslims because that's what. you do through these muslims you move with good with those because. it's a. lot of this. because i used to push. one of. my shoes. headlines facebook's question. one to watch the tempest in the water with britain sending its navy to. pull the plug on electricity and fisherman. to. death. but officials say they are transparent. right.

we have a plethora of other companies like robin hood and amazing companies in the fintech space.ve all kinds of wonderful trends in the economy. they will be volatility in this market. emily: eric, sing you but i got your point. coming up, in the next half hour, we will talk to some of the biggest names out of the bigger boston area about the region's economic recovery and the explosive pace of biotech innovation. all of that coming up next on a special bloomberg technology. this is bloomberg. ♪ -- emily: now home to the highest concentration of the most powerful biotech and life sciences company in the world, including pfizer and moderna. the two companies saving the world with their covid-19 vaccine. over the next half hour, we will bring you leaders and big thinkers from the boston mayor and marty walsh. we will tell you a story not only about how boston rescued the world from the pandemic but it is also a recovery that will forever be changed. >> the grip of the coronavirus pandemic was crippling in the bay state the start. within months of the states economy being shut down,

robin hood is kicking back.eet, the retail trader said the old guard preferred it when investing wasn't so easy. adding that robin hood is not going to sit back while its users are disparaged for taking control of their financial lives. anna: thanks very much. laura wright in london. coming up on the program, bill and melinda gates are going their separate ways. they announced their divorce on twitter but made no mention of what would happen to their joint $146 billion. ♪ anna: welcome back to the european market open. 42 minutes past 7:00. the ftse 100 playing catchup after being closed yesterday. the pair at the helm of one of the world's greatest fortunes is splitting up. bill and melinda gates announced they planned to file for divorce after 27 years. what happens to their enormous wealth? bill and melinda gates have one of the most influential foundations in world. what do we know about its state? >> the big question is whether or not they ultimately decide to split their wealth in pieces. at least now mess

and it's important to kind of look at this current robin hood craze and dogecoin trade in economics.ation already suffering serious economic headwinds. it's the first generation not likely to achieve the financial and economic success of its parents. home ownership among that cohort is extremely low. there's record student loan debt sitting on the shoulder of young adults. then suddenly many of these people were stuck at home, they received stimulus checks and here was robin hood coming along saying, look, rich people trade in the stock market. you can as well. here you go. we're going to make it really easy and what we saw was sort of a fascinating roller coaster of populous stock trading, and we still don't know how it's going to end. >> katty kay is with us and has a question. >> and sheela just to close out the show to make it simple for me, am i better off thinking of cryptocurrency like gold as an investment or cash like hard dollars i can buy things with? >> i think it eventually will become similar to cash, but i would say don't invest more money than you can afford to lose.

entire investment landscape which will spell doom for the market and all that we tell trader is that robin hood actually built out so biden's tax hike well again right america dead last with it or protects rate 7 points higher than china and drag the u.s. back to having the highest combined corporate tax in the developed world which is 9 percentage points higher than the average of developed countries. will certainly be interesting to see exactly what the by an administration decides to do christiane thank you both for your time and. that's all for now you can catch boom bust on demand by downloading the portable t.v. after your apple or android device we'll see you here next time and as always don't forget to question more. why in the world does he think this is a positive idea for the united states. well i think you're playing exactly the role that a good journalist ought to. why this had happened in this exact moment there's already so much instability within the middle east that this is probably just one of the many voices on television right now that have ties to those the benefit from goi

entire investment landscape which will spell doom for the market and all the retail traders that robin hood actually built out so biden's tax hike well again rank america dead last with a corporate tax rate 7 points higher than china and drag the u.s. back to having the highest combined corporate tax in the developed world which is 9 percentage points higher than the average of developed countries. will certainly be interesting to see exactly what the by an administration decides to do christiane. thank you both for your time thank you. that's all for now you can catch boom bust on demand by downloading the portable t.v. out for your apple or android device we'll see you here next time and as always don't forget to question more. you. know. the feeling of. the world. according to jess. illegal. for the. kid you sourced the story about the fact that delayed maxwell will likely take others down i guarantee you there's a lot more going on. in our nation's capital this. week rick sanchez and protesters who are not happy this is what we're going to drill down on right here on news where we reall

entire investment landscape which will spell doom for the market and all the retail traders that robin hood actually built out so biden's tax hike will again rank america dead last with a corporate tax rate 7 points higher than china and drag the u.s. back to having the high school buying corporate tax in the developed world which is 9 percentage points higher than the average of developed countries. will certainly be interesting to see exactly what the by an administration decides to do kristie i guess the thank you both for your time thank you. that's all for now you can catch him bass on demand by downloading the portable t.v. app for your apple or android device well see here next time and as though it's don't forget to question more. by everyone i'm joined by my old friend mr ellis williams and can a mr big you call me and you tell me you say man i've got car shield and it works what made you get it just old issues and i know to manufacture warranty is about to run out i don't want to do stuff with expensive car right so i gave cause to a cool covered with very affordable and there was

points there let's start with the last one yes they actually do kind of set themselves up as to be a robin hood as a type of group from the rich we steal from big corporations and governments around the world and then we give away a portion of the proceeds to charity which is kind of an interesting kind of i guess spin on it if you will yeah they do receive through crypto currencies and this does happen in other places look i think there's a certain segment of the population by the way that actually would like this kind of thing not like it in terms of just necessarily think of these are the good guys but just in terms of saying hey if you're stealing from you know a big oil company if you're stealing from a company called colonial pipeline what harm are you really causing now obviously there's a lot of harm being caused here especially since the down effect of all of this does impact the lives of hundreds of millions of people but then chile but in terms of these organizations you asked the question about whether or not this encourages that if you pay the ransom so right now nothing's been sai

entire investment landscape which will spell doom for the market and all the retail traders that robin hoodactually built out so biden's tax hike well again rank america dead last with a corporate tax rate 7 points higher than china and drag the u.s. back to having the highest combined corporate tax in the developed world which is 9 percentage points higher than the average of developed countries. will certainly be interesting to see exactly what the by an administration decides to do christiane thank you both for your time thank you. that's all for now you can catch him boss on demand by downloading the portable t.v. out for your apple or android device well see here next time and as always don't forget to question more. muslims because that's the discuss that's going to do you think at least muslims in the movement would deal with those 2 christian doesn't it was no. good looking ones were. a bunch of variants and. less than a little story was one of the. line you know because i would sometimes you just you know push the sponsor and stuff more than others teach. their shoes. and this. yar

entire investment landscape which will spell doom for the market and all that we tell traders that robin hood actually built out so biden's tax hike well again rank america dead last with or britax rate 7 points higher than china and drag the u.s. back to having the highest combined corporate tax in the developed world which is 9 percentage points higher than the average of developed countries. will certainly be interesting to see exactly what the by an administration is folks who do christiane gifty thank you both for your time thank you. that's all for now you can catch boom bust on demand by downloading the portable t.v. out for your apple or android device will see you here next time and as though we don't forget to question more. right now of the. libyan people who are overweight or obese it's profitable to sell through the seas frenzy and sugary insult each of the victims it's not at the individual level it's not individual willpower and if we go on believing that will never change this obesity epidemic that industry has been influencing very deeply the medical and scientific just felt.

group known as darkside might be responsible the organization portrays itself as a modern type of robin hood stealing from large companies giving a car to charity the shutdown is stretching into the third day president biden says a hall all hands on deck effort is underway to restore operations atop republican and the house is publicly backing new york congress woman for the number three role in leadership. kevin mccarthy endorsement is a major blow to list cheney's hopes to maintain her position the wyoming lawmaker came under fire for her criticism of former president trump. im jon scott now back to judge jeanine. judge: to the george soros funded da empire across america soon be crumbling? new reports this week st. louis circuit attorney is now facing a disciplinary review as a result of the loss of her law license there's probably cards from professional misconduct during the investigation a former missouri governor. the senate candidate joining me now to respond to these developments we have eric greitens. right now we had another george soros funded prosecutor who was in a dead of hot

we are learning about robin hood. could file for their ipo. when will they go public?ing, the latest rounds, robin hood was valued at $40 billion according to some reports, that is higher than a raised cash just at the end of last year, 11-$13 billion but in this hot ipo market, you have a quintuple things sometimes, they had to raise $3 billion in emergency cash at the height of the saga, that was to the $13 billion so in a matter of months, the trading volume in crypto trading, robin hood going out at a more expensive level than some anticipated. it is funny to look under the hood, what are the business models for order flow over to citadel and the like. that is interesting for investors to look through. stuart: we will look through it. back to bitcoin. hard to get a firm quote, when they have trouble filling orders. we understand that bitcoin has bounced up, quoted at 36,600. that is a valid quote, we have different quotes from all over the place, 36-7 is what we have now. steve irwin joins us, the cofounder of voyager, e*trade for cryptos. you have 600,000 traders

. >> the background of the magna carta is kueng of england, we all know the disney robin hood series, john. >> he was actually a tax and spend figure and waiting a series of wars mostly on the continent in france we are starting to drain the treasuryy tax with the nobleman and basically made him a fixed signature to this charter guaranteeing certain rights mobility and basically what is said about taxes, the taxes could not be assessed without consent of the governed and they are talking about mobility a big part of the english constitution and eventually trickles down into broader doctrine of consent and transfers over to the united states. ♪♪ >> for most of the colonial period, it is a tax haven for british subjects. taxes were lower than home country. as so often happens throughout history, the cost of waging war changed the tax system. >> 1763 was the french and indian war and after that, england is in huge debt. >> so when in the 1760s, they start taxing, they wanted to know their rights where's our representation, i didn't, the revolution of 1775. >> throughout the colonies, ame

in addition to robin hood, there was an additional charge, which was in excess of their net capital, indicating they were taking more financial risk than we felt prudent. that charge was waived, but the court charge -- the core charge is articulated in our rules. transparency is something we always try to get better at, but we believe we provide those tools. rep. barr: moving forward to chairman gensler. congratulations on your confirmation. let me revisit a question already asked and bring them together. the regulation by enforcement question from mr. luta -- from the two congressmen. on march 4, the sec announced its new enforcement task force, as was discussed earlier, and esg issues, but it was not until march 14 that it issued a request for public comment and the sec has not completed its review of the 2010 guidance. can you explain the sequence? why is the announcement coming before market participants know the rules? when you commit to the requirements under the ministry to procedures act and completing rulemaking before enforcement action? chair. gensler: i am committed to co

you know, they would this is sort of a robin hood case of trying to take it back from apple but againese are two enormous companies kind of digging it out. are two enormous companies kind of digging it out-— of digging it out. duking it out, of digging it out. duking it out. love _ of digging it out. duking it out, love it, _ of digging it out. duking it out, love it, thank - of digging it out. duking it out, love it, thank you, i of digging it out. duking it - out, love it, thank you, ross. plenty more of the duking it out over the next few days when they are and we will bring you more as that unfolds. the eu's trade commissioner has told the bbc that waiving the patents on coronavirus vaccines isn't the answer to boosting availability in poorer countries. countries, including india and south africa, have been pushing for this in wto discussions, but valdis dombrovskis told our global trade correspondent dharshini david why the eu doesn't agree. we welcome the initiative of the new director—general on ensuring availability of vaccines, also for developing countries and for the entire

the online organization portrays itself as a type of modern robin hood stealing from large companiesrity. the shutdown is now into a third day but president biden says a quote, all hands on deck effort is underway to restore operations. topical storm andrea's has formed off the southwestern coast of mexico and is the first named storm on the eastern pacific hurricane system that the u.s. national hurricane center says entrance is unlikely threat to land and predict it will stay well out to sea and head out into the open pacific by tuesday. i'm ashley strohmeyer and now back to hannity and log on to foxnews .com for all your headlines. ♪♪ hannity: as we continue to broadcast sonny's south california highest tax state in the country for the hour we continue with california gubernatorial candidate caitlyn jenner. ami get to this issue. on the issue of girls transgender sports created a controversy and that was interesting to me and your comments to joy behar and we have bigger problems than pronouns in the state of california. joy behar and i agree on nothing but i thought it was very g

robin hood hackers that sounds great.rotected customer joining tonight white hat hacker founder ceo s. [inaudible] i'm sorry, but trusted, dave kennedy is back. i love your last name dave. it's a great name. darkside they've been at this for well because they make money they make about $3000 every time they make one of these ransom or hacks. it seems as though the colonial pipeline might be negotiating with them. if people are paying what's to stop them? >> your absolute right kennedy thanks for having beyond. this is a problem not just with darkside itself but the rants of our industry as a whole. they're making millions and millions and millions of dollars but we've seen that upwards of $500,000.10 million, to get the recovery back at all depends on the size of the company if you are at larger company expect to pay more you have more money. and so they're making tons of money off of this there's no dissent of his nation whatsoever to stop these payments because they target their backup they target everything they do to

darkside cultivates a robin hood image of stealing from corporations and giving a cut to charity. okay, but if you wanna be seen as the good guys, maybe don't call yourself darkside. mother theresa's legacy would be a lot different if she called herself sister death strike. experts believe the pipeline will be up and running again soon, which is good because the shutdown has sparked worries of $3 gas. which is a lot. or a little. i haven't filled up since march of 2020. if there are any horses watching, there's big news in the world of horse-racing. last week a horse named medina spirit won the kentucky derby. but that win has some neigh-sayers, because medina spirit's kentucky derby win is in doubt after failing a post-race drug test. this is the most high-profile animal drug scandal since the winner of last year's westminster dog show, heisenberg. medina spirit tested positive for elevated levels of betamethasone or as it's called on the street: the devil's oats, happy apples, or horse horse. this scandal implicates one of the titans of the sport, renowned horse trainer and man

. >> and you were the guinea pigs for this robin hood program, ipo access that gave retail investorsnity to buy shares of the ipo price about 1% of your deal was allocated to retail investors through this platform. so 5.8 million, give or take how did that work out and how is it different than the traditional retail allocation that you would have in pretty much any ipo >> so we were super proud to partner with robin hood on providing access to our health care professional toes be able to invest for an ipo normally those opportunities are just for wall street insiders and other types of investors so being able to provide this opportunity was really important to us and it goes back to our broader mission of celebrating and empowering and serving the health care community. >> heather, it's not often when we see two co-ceos and from an organizational front, how do you guys split up responsibilities and get to final decision making? >> so i think it goes back to having the same core values, the same vision of the company since we have cofounders and co-coes, i believe that we are able to

and i want to become stock traders robin hood's wrong way to do it it is for this just seems like a money grab from the big financial companies. yeah, it seems like they just want to who else can we. i don't know who else can we pull into or ecosystem. now they're going younger and younger. that kind of throws a few red flags. >> i just want your kids to have a good experience with your youth and yes money they should be buying stocks. know. i just want the deal to use a debit card properly and maybe learn how to use a credit card without getting into debt before they start. >> trading in potentially. come to your house. this week and a teacher kids. why you don't want to use debit cards right doing is credit cards responsibly just that's for another segment. some financial. yeah. financial instruction would get it. we'll talk. rob a second item of conversation today. this kind of fascinating amazon in talks to buy mgm studios. that seems like a big deal. >> yeah. apple wanted to buy him a couple years ago for about 6 billion and amazon wants to buy them now for about 9 million in the las

they fancy themselves robin hood of sorts, take money, gift it to charity, they have a help desk.james bond shadowy villain organization. >> they are not the pillars of society, trust me. all the charities turned it back. we don't want basically your blood money. this is people respond towing demand. they develop what they call ransomware as service. you're not smart enough to build your other than tools, we do it for you. we have a help desk because we want to primarily take your money typically cryptocurrency in the name of bitcoin. their primary objective is not to collect intelligence. some of this information is ending up in the hands of china and russia. they figured out a business model. if you want to get back up to operate, you pay us this amount or spend a far bigger amount to recover. charles: i have got 30 seconds. real quick, morgan, apparently only going after western companies. these ransomware attacks overwhelmingly happening in america. so you know, are we past the point where american companies really need to fix this? >> you know, they still have a responsibilit

one other thing i want to point out, liz last week we reported you and i reported that robin hood's ipold point out that the bloomberg is reporting that there's an unofficial date set for late june, so that's right within our timeframe so we broke it first. company is not denying that by the way so i think that late june is probably a good date. back to you. liz: i've got a quick question for you, charlie. our parent company, fox media, you know, anybody talking about that, and i bring that up only because we're looking at the stock, it's up about 2% right now. charlie: you know, i hate reporting about my own company, which i do once in a while, but in all honesty, i have not heard our name, and that doesn't mean it's not happening but i have not heard our name bounced about , you know what i'm saying? a lot of these companies that are, that need to be sold and combined have balance sheet issues. one of the problems that at&t had was massive amounts of debt and obviously, maybe not the right management to handle that sort of, the distribution and the content business all at once. you kn

. >> archery okay, robin hood [ laughter ] >> jimmy: let's change -- let's change to a different subject you guys go. >> okay, a cowboy thing. >> ready >> okay. one, two, three. >> horse >> spurs spurs! [ buzzer sound ] >> jimmy: what a horse? a horse? >> tariq: and she said spurs >> jimmy: wait, is a horse an accessory? what are you - >> just because something happened with me and suzie, doesn't mean i'm thinking. >> i'm trying to do these that connect to "the voice. >> jimmy: what is a cowboy -- cowboy accessory oh, my gosh. ready? >> both: one, two, three >> jimmy: chaps. >> tariq: boots. [ buzzer sound ] >> jimmy: what did you say what did you say >> did he say chaps? [ laughter ] >> tariq: chaps. >> jimmy: chaps. oh, my god >> that's what i was gonna say [ laughter ] >> jimmy: cowboy -- cowboy boots. chaps? >> spurs see, jimmy, you're on the same - >> jimmy: yes, boots, spurs. you have one chance to steal name a cowboy accessory. whenever you're ready, count to three and say it >> one, two, three >> both: rope. >> yes [ ding ] [ cheers and applause ♪ >> yes >> jimmy: a rope >> tariq

that i had answered the question or did i go off on robin hood's barn again, maybe a little both in but i've it's i think it's fascinating to hear it come down and even in a historian's perspective to perhaps this man was just tired or this man made a mistake because when we look back we often assume that you great men or women of the past are sort of above the the everyday life, but when we're watching a campaign now, we of course don't think that we see every hour every day how things affect candidates and how things can turn on even small. daily decisions, and it's really helpful to look back on elections from a century ago and think of them in those same terms. i'd like to ask you one final question here that maybe help us close out. and and and that's that's this. why don't we remember? this election and these candidates as much in the sort of general public? as we do others right the average person isn't going to be able to say anything i think about 1884 unless they're a particular history reader like they might be able to say about 1860 or about 1912 or 1940. whatever one of tho

is a very, very small cap name, and it has been run over by, you know, reddit message boards and robin hoodre who is in the stock on a daily basis, but it is not anything that we would own but i do think that the fact that they own these big fleets is really interesting here >> yeah, i think we are going to talk to somebody who actually owns the stock we will take a quick break i'm not going to tell you who it is yet we will take a quick break and be right back after this steps that give me confidence. this is my granddaughter...she's cute like her grandpa. voya doesn't just help me get to retirement... ...they're with me all the way through it. voya. be confident to and through retirement. stay restless with the icon that does the same. the rx, crafted by lexus. lease the 2021 rx 350 for $439 a month for 36 months. se about the future, is human nature. at edward jones, our 19,000 financial advisors create personalized invs to help you get back to your future. edward jones. esg is responsible investing. who's responsible for building esg into your investments? at pgim, the pursuit is on for