WallStreetBets Is Occupy Wall Street With Teeth

<p><span style="font-weight: 400;">This week, a collective of foul-mouthed internet memers took down some of Wall Street’s best-known hedge funds. In today’s episode, NLW looks at:</span></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">The historical context of how the Great Financial Crisis set the stage for WallStreetBets</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">How WSB gained infamy during the COVID-19 crisis by correctly predicting the market’s rebound while other investors remained bearish </span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Why WSB started going after short-sellers, particularly around GameStop (GME)</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">How WSB forced a short squeeze that required Melvin Capital to call in nearly $3B of emergency capital </span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Why Robinhood forcing users to stop buying GameStop and other related assets will go down as an inflection point in the history of capital markets</span></li> </ul> <p><span style="font-weight: 400;">-- Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io --</span></p> <p><span style="font-weight: 400;">Enjoying this content?</span></p> <p><span style="font-weight: 400;">SUBSCRIBE to the Podcast</span></p> <p><span style="font-weight: 400;">Apple: <a href= "https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb">https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb</a></span></p> <p><span style="font-weight: 400;">Spotify: <a href= "https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ"> https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ</a></span></p> <p><span style="font-weight: 400;">Google: <a href= "https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M="> h