The raging battle between Wall Street hedge funds and retail traders organized on Reddit over companies such as GameStop and AMC has stolen the spotlight this week. RT’s Max Keiser explains what’s it all about.
“The fraud on Wall Street that’s been building for many years got so incredibly out of hand, and it got so obvious, that it caught the attention of social media day-traders, who pounced on a hedge fund’s vulnerability – from engaging in too much fraud – and they killed it,” Keiser says.
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