#GOP protesters ‘Re-Occupy Wall Street’ over GameStop mess

#GOP protesters ‘Re-Occupy Wall Street’ over GameStop mess

“#GOP protesters ‘Re-Occupy Wall Street’ over GameStop mess” Dozens of members of the New York Young Republicans Club jumped on the anti-Wall Street bandwagon Sunday, gathering in Manhattan’s Zuccotti Park to blast the hedge-fund managers targeting GameStop. The “Re-Occupy Wall Street” protesters ripped the big-money investors as “despicable” for moving to stop last week’s “little…

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#Elizabeth Warren enters GameStop discourse with letter to SEC

#Elizabeth Warren enters GameStop discourse with letter to SEC

“#Elizabeth Warren enters GameStop discourse with letter to SEC” Sen. Elizabeth Warren on Friday asked the Securities and Exchange Commission to investigate the recent boost in GameStop stock price that was driven by calls for ordinary people to punish hedge funds. The Massachusetts Democrat raised the possibility that the stock rally, described as a populist…

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#This short seller just got a .75 billion bailout

#This short seller just got a $2.75 billion bailout

“#This short seller just got a $2.75 billion bailout” Hedge fund giants Steve Cohen and Ken Griffin are joining forces to bail out a fellow trader whose positions in runaway stocks like GameStop have been getting hammered. Griffin’s Citadel and Cohen’s Point72 Asset Management are investing a combined $2.75 billion into Melvin Capital Management, which…

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