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Published · transcript-backed

David Rosenthal: prediction

18 Oct 2021 Acquired Standard Oil Part II

“What does this do? This sends the stock market plummeting because everybody's like, oh, crap, the government's going to start coming after all of these companies.”

— David Rosenthal

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Everything needed to verify it.

Speaker
David Rosenthal
Attribution
Verified speaker
Claim type
prediction
Recorded
18 Oct 2021
Publisher
Acquired

Transcript context

…That's crazy. Is that over a billion dollars today? I don't know. It was a lot of freaking money. Now, companies get fined all the time. I think it was one if not two orders of magnitude higher of an intervention than the government had ever done in private enterprise before. What does this do? This sends the stock market plummeting because everybody's like, oh, crap, the government's going to start coming after all of these companies. They already knew the government wanted to, but this is the first time. It was like, oh, crap, this has teeth. So there's a panic in the stock market. Does Rockefeller buy?…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.

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