>Unless we all put a ton of public pressure on Biden, he will most likely enact some sort of legislation to help hedgefunds in situations like this.
>Biden has been reformist on many issues, but Wallstreet is not one of them. Historically, he has been pretty friendly to his wallstreet donors, to the point of massively screwing over the American people at times https://www.youtube.com/watch?v=KySR4Yq_B3k&t=36s
>They propped him up when he was in 5th place in the primaries
>https://www.opensecrets.org/news/2020/03/biden-boosted-by-wall-street/
>Wallstreet celebrated big when Biden won the nomination,
>https://www.nytimes.com/2020/03/04/business/wall-street-joe-biden-bernie-sanders.html
>https://nypost.com/2020/05/18/wall-street-donors-still-see-spot-in-joe-bidens-administration/
>And for the first time in history, wallstreet donated more to the democratic nominee than the republican in a presidential election, and not only more, 5x more
>https://www.cnn.com/2020/09/25/business/trump-biden-wall-street-campaign-donations/index.html
>Many people tell me to give his new administration a chance, but so far his approach to wall street has been very anti-reformist.
>https://www.reuters.com/article/us-usa-biden-wallstreet/outlook-darkens-for-wall-street-as-bidens-regulators-take-shape-idUSKBN29N1W3
>https://www.commondreams.org/news/2021/01/07/profoundly-troubling-pick-progressives-slam-biden-choice-gov-raimondo-commerce-chief
>https://www.washingtonpost.com/politics/2021/01/13/finance-202-gary-gensler-biden-likely-pick-lead-sec-has-earned-his-rep-wall-street-scourge/