https://markets.businessinsider.com/amp/news/steve-cohen-ken-griffin-invest-3-billion-gamestop-short-seller-2021-1-1030003305?__twitter_impression=true
Wall street and bailouts. Name a more iconic duo.
https://markets.businessinsider.com/amp/news/steve-cohen-ken-griffin-invest-3-billion-gamestop-short-seller-2021-1-1030003305?__twitter_impression=true
Wall street and bailouts. Name a more iconic duo.
If they don't get bailed out, they'll be forced to liquidize assets to cover their short (buy back the borrowed stock) which will cause the price to skyrocket and for them to lose billions of dollars.
lmaooo
Capitalism is rational and efficient