Current Events > I don't understand the hubbub over the WallStreetBets 'scandal' .

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lydiaquayle
01/28/21 10:33:43 AM
#1:


They shortsqueezed Gamestop in public. They stated exactly what they were going to do before they did it.
This is more transparent than what a Vegas casino is required to provide when they announce odds.

Any hedge fund that tries to bet on this, knew full well what the risks were. So what's the problem now ?

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DarthAragorn
01/28/21 10:34:27 AM
#2:


Rich people are losing money so they have to be bailed out
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Pus_N_Pecans
01/28/21 10:35:54 AM
#3:


DarthAragorn posted...
Rich people are losing money so they have to be bailed out
It's this. The house isn't supposed to lose.

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NinjaWarrior455
01/28/21 10:36:10 AM
#4:


Rich people don't like when poor people try and make money so they're crying to change the rules to punish the poor people.

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Cerealmilk
01/28/21 10:37:24 AM
#5:


how dare people look after their own interests
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Squall28
01/28/21 10:39:51 AM
#6:


They should let them tank, and then revisit more market controls.

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You can't go back and change the beginning, but you can start where you are and change the ending.
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