Money Stuff – The Real Victims of $GME

From February 8th:

If Congress could call a bunch of witnesses to say “I was deceived by evil Wall Street banks into putting my life savings into GameStop, and I lost everything,” they absolutely would, and then Something Would Be Done About It. But instead the witnesses are all going to be like “yeah I couldn’t see my friends so I got really into Reddit and we thought it’d be funny to spend our pizza money buying GameStop at dumb prices, and honestly it was.” It’s hard to regulate that.

Find Matt Levine at Bloomberg.