Author: Tyler Durden / Feb 6, 2021
Angela Watercutter / Jan 29, 2021
While, The Big Short may not help you understand the GameStop/Wall Street mess any better than you already do, the movie does offer some primers on the intricacies of financial markets.
https://www.wired.com/story/the-big-short-gamestop-meme-stock/
Kevin Orland / Feb 4, 2021
Canaccord Genuity Group Inc. Chief Executive Officer Dan Daviau believes the recent turbulence seen on Wall Street by Reddit traders will not have a long term negative effect, but rather may have increased participation in the stock market.
https://au.news.yahoo.com/reddit-traders-may-help-markets-160932242.html
Author: Mish Talk / Jan 30, 2021
GameStop was 140% short. Naked shorting is illegal. So how did it happen? The truth is, it happens everyday on Wall Street, because of loopholes and because of a lack of oversight.
https://www.thestreet.com/mishtalk/economics/naked-shorting-is-illegal-so-how-was-gamestop-140-short
Author: Kevin Lamarque / Feb 5, 2021
The US has intensified its crackdown on dirty money in recent years, requiring banks, brokerages and mutual funds to monitor clients and report suspicious activity. But investment advisers overseeing trillions of dollars in private equity and hedge funds are exempt from such rules.