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	<title>Money magazine Comments - What you need to know about Reddit, GameStop and the chaos on Wall St</title>
	<description>Members of the Reddit forum r/WallStreetBets stuck it to hedge fund Melvin Capital this week by buying up shares in GameStop. The move could change everything.</description>
	<link>https://www.moneymag.com.au/feed/latest?story=177756727</link>
	<lastBuildDate>Sun, 31 Jan 2021 19:08:15 +1100</lastBuildDate>
	<pubDate>Sun, 31 Jan 2021 19:08:15 +1100</pubDate>
	<language>en-AU</language>
	<copyright>Copyright 2026 Money magazine</copyright>
	<ttl>5</ttl>
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		<title>Money magazine Comments - What you need to know about Reddit, GameStop and the chaos on Wall St</title>
		<url>https://media.moneymag.com.au/prod/media/library/Money_Mag/Logo/Logo_401x133.png</url>
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		<title>Comment by Mike Richards ()</title>
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<p><p>Come on now David, it&#39;s SO much more than this.</p>
<p>What about the way that the fund managers have kicked and screamed like a spoiled child to Congress, the SEC, everyone and anyone else who would listen to them for a bailout / market stop / investigation, the way that the MSM has howled about the way Wall Street has just had theirs handed to them as somehow being &quot;illegal&quot; (sorry, but good luck finding a charge to stick - no one ever complains when a stock goes up, do they ?) versus the measured, rational commentary from Saagar Enjeti (which is actually on the money).</p>
<p>Oh, and don&#39;t miss the other add-on stories too - that Yellen got paid $810,000 to give speeches to Citadel, that Citadel have an agreement with RobinHood for the latter to give them trading data and that RobinHood have deliberately strangled trade in that (and other) shorted stocks. Add that BigTech went and removed thousands of negative reviews about RobinHood too...&quot;nothing to see here&quot; and any reasonable person should be very angry with Wall Street, yet very happy to see them get something so richly deserved and overdue.</p>
<p>The Wall Street hypocrisy is amazing, but the irony is delicious.</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
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		<dc:creator>Mike Richards ()</dc:creator>
		<pubDate>Sun, 31 Jan 2021 19:08:15 +1100</pubDate>
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