17 upvotes, 1 direct replies (showing 1)
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Comment by Ashvega03 at 27/01/2021 at 20:13 UTC
5 upvotes, 0 direct replies
It’s not about the total money involved it is about a group in Reddit taking down a hedge fund. Stocks go up and down that isn’t a big deal; but when the people who have their finger on the scale find out anybody can take them down they get worried because they want to have the control transparency and the masses scare them to death. Check out the movie Margin Call (also Big Short) — Margin Call is fiction but really parses out some of these issues