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Economics

Reddit vs Wall Street – When the rich were eaten | Part 2: Manipulation, Congressional Hearing, Will the “GAME STOP”?

In Part 1, we explored how WallStreetBets became the “graveyard” for the wealthy on Wall Street, where the short-selling plans for GameStop stocks were dismantled, leading to billions of dollars in losses for hedge funds. Even well-established funds like Melvin Capital, known for consistent profits, suffered massive losses and teetered on the brink of collapse. […]

Reddit vs Wall Street – When the rich were eaten | Part 2: Manipulation, Congressional Hearing, Will the “GAME STOP”? Read More »

Reddit vs Wall Street – When the rich were eaten | Part 1: wallstreetbets-The “Graveyard” of the Rich

If you’re an investor—or even if you’re not—you’ve likely heard of Wall Street. Despite being just a small street in Manhattan, New York, it serves as the global symbol of finance and securities, hosting numerous stock exchanges and investment firms. However, even in a place known for brilliant minds managing billion-dollar financial empires, history—and more

Reddit vs Wall Street – When the rich were eaten | Part 1: wallstreetbets-The “Graveyard” of the Rich Read More »

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