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<\/picture><\/a><\/p>\nPortnoy, who has emerged as one of Robinhood’s biggest critics in the aftermath of the trading chaos, didn’t go easy on Tenev – whom Portnoy has previously slammed as a “scumbag” and a “liar” – to explain exactly\u00a0why he told the press that Robinhood wasn’t suffering from a “liquidity issue”<\/strong>\u00a0after the brokerage, and other discount brokerages shut off trading in certain stocks. The decision stopped the crowdsourced short-squeeze in its tracks to the benefit of short-selling hedge funds..<\/p>\nIn the month or so that has passed since then, Portnoy has insisted that somebody from Robinhood needs to “go to jail”. Tenev, meanwhile, largely brushed aside the animosity after Portnoy opened the livestream by reminding the CEO that\u00a0“pretty much everyone watching…hates your guts.”<\/strong><\/p>\n“That’s what I hear,” the heavily-coached Tenev replied, fresh off his Congressional testimony last week.\u00a0“But look, I’m glad to be on your show and hopefully we can get into it and answer a lot of these questions.”<\/strong><\/p><\/blockquote>\nMuch of the roughly 45-minute interview focused on whether Tenev misled the public when he said Robinhood wasn’t struggling with liquidity issues. After a series of prying questions, Portnoy finally got Tenev to explain that while Robinhood wasn’t suffering from a liquidity crisis when it shut off trading, if it hadn’t acted, the firm might not have been able to survive the incident.<\/p>\n