There’s a GameStop Book, Already

With “The Antisocial Network,” Ben Mezrich does for January’s infamous short squeeze what he did for Facebook with “The Accidental Billionaires.”

#books-and-literature, #financial-brokers, #mezrich-ben, #short-selling, #stocks-and-bonds, #the-antisocial-network-the-gamestop-short-squeeze-and-the-ragtag-group-of-amateur-traders-that-brought-wall-street-to-its-knees-book

How Small Market Investors Are Being Wooed by Companies

Small investors are becoming a force in the stock market, and company executives are beginning to take notice.

#financial-brokers, #personal-finances, #stocks-and-bonds

A $1.2 Million Charles Schwab Bank Deposit Error Buys a House, and an Arrest, Officials Say

Kelyn Spadoni tried to keep a deposit that was off by five decimal places, according to the authorities, who said she was charged with fraud and fired from her job on the same day.

#arbitration-conciliation-and-mediation, #bank-robberies, #banking-and-financial-institutions, #charles-schwab-corporation, #financial-brokers, #financial-industry-regulatory-authority, #frauds-and-swindling, #jefferson-parish-la, #louisiana, #new-orleans-la, #suits-and-litigation-civil

Robinhood’s C.E.O., Vlad Tenev, Is in the Hot Seat

Vlad Tenev has incited the fury of the trading app’s fans amid a stock market frenzy. His lack of preparedness on nuts-and-bolts issues was part of a pattern, former employees and analysts said.

#banking-and-financial-institutions, #bhatt-baiju, #computer-and-video-games, #computers-and-the-internet, #customer-relations, #financial-brokers, #gamestop-corporation, #millennial-generation, #mobile-applications, #robinhood-financial-llc, #social-media, #start-ups, #stocks-and-bonds, #tenev-vladimir

Here’s Six Ideas to Fix the Market

Six ideas for making the markets more fair and trustworthy.

#financial-brokers, #gamestop-corporation, #robinhood-financial-llc, #stocks-and-bonds

Biden’s Covid Relief Plan Could Help End the GameStop Frenzy

We can’t beat Wall Street at its own zero-sum game. But we can change the rules.

#banking-and-financial-institutions, #biden-joseph-r-jr, #citadel-investment-group, #financial-brokers, #gamestop-corporation, #united-states-economy

The Silicon Valley Start-Up That Caused Wall Street Chaos

Robinhood pitched itself to investors as the antithesis of Wall Street. It didn’t say that it also entirely relies on Wall Street. This past week, the two realities collided.

#banking-and-financial-institutions, #charles-schwab-corporation, #e-trade-financial-corporation, #fidelity-investments, #financial-brokers, #futures-and-options-trading, #gamestop-corporation, #jpmorgan-chasecompany, #mobile-applications, #regulation-and-deregulation-of-industry, #robinhood-financial-llc, #securities-and-exchange-commission, #silicon-valley-calif, #stocks-and-bonds, #td-ameritrade-holding-corp, #venture-capital

The Stock Traders of Reddit and TikTok

They are young, they are fearless and they are forcing everyone to pay attention.

#financial-brokers, #gamestop-corporation, #generation-z, #reddit-inc, #robinhood-financial-llc, #social-media, #stocks-and-bonds

GameStop and Investing for the Long Run

Signs of irrational exuberance abound. Stay sober and invest for the long run, our columnist says.

#banking-and-financial-institutions, #blockbuster-inc, #charles-schwab-corporation, #facebook-inc, #financial-brokers, #gamestop-corporation, #hedge-funds, #long-term-capital-management-lp, #stocks-and-bonds

Robinhood Faces a Cash Drain and Angry Customers

The online broker raised $1 billion to prop itself up. Overcoming customer anger may be harder.

#american-airlines, #corporate-social-responsibility, #depository-trust-and-clearing-corporation, #facebook-inc, #financial-brokers, #gamestop-corporation, #oversight-board-facebook, #regulation-and-deregulation-of-industry, #robinhood-financial-llc, #social-media, #world-economic-forum

GameStop Rally Stalls as Robinhood and Others Set Limits

Small investors accused one trading platform of being “dishonest” and “pandering to the elite” as new restrictions on some stock trades spurred a calmer day in the markets.

#banking-and-financial-institutions, #computers-and-the-internet, #financial-brokers, #gamestop-corporation, #regulation-and-deregulation-of-industry, #robinhood-financial-llc, #stocks-and-bonds

The GameStop Reckoning Was a Long Time Coming

This week, gleeful online hordes turned the stock market upside down. This shouldn’t come as a surprise.

#banking-and-financial-institutions, #computers-and-the-internet, #demonstrations-protests-and-riots, #financial-brokers, #gamestop-corporation, #reddit-inc, #robinhood-financial-llc, #stocks-and-bonds

4 Things to Know About the GameStop Insanity

It’s been a weird few days in the stock market, where a video game retailer has suddenly become the center of attention.

#citron-research, #financial-brokers, #gamestop-corporation, #reddit-inc, #stocks-and-bonds

GameStop Stock Trading: 4 Things to Know

It’s been a weird few days in the stock market, where a video game retailer has suddenly become the center of attention.

#amc-entertainment-holding-inc, #citron-research, #e-trade-financial-corporation, #financial-brokers, #gamestop-corporation, #reddit-inc, #stocks-and-bonds

GameStop Stock Soars as Reddit Investors Take On Wall St.

GameStop shares have soared 1,700 percent as millions of small investors, egged on by social media, employ a classic Wall Street tactic to put the squeeze — on Wall Street.

#financial-brokers, #gamestop-corporation, #hedge-funds, #reddit-inc, #securities-and-commodities-violations, #short-selling, #social-media, #stocks-and-bonds

Roger Berlind, 90, Dies; Broadway Impresario Who Amassed 25 Tonys

He played a role in producing more than 100 plays and musicals. And while he kept an eye on the bottom line, he could be seduced by sheer artistry.

#berlind-roger, #deaths-obituaries, #financial-brokers, #guys-and-dolls-play, #kiss-me-kate-play, #oklahoma-play, #theater, #tony-awards-theater-awards, #wall-street-manhattan-ny

Coronavirus Tests the Leadership Style of Goldman Sachs’s C.E.O.

The pandemic has given David Solomon a chance to try out a more open-minded approach in tune with the bank’s young work force.

#bank-of-america-corporation, #banking-and-financial-institutions, #bear-stearns-cos, #black-people, #coronavirus-2019-ncov, #drexel-burnham-lambert-inc, #financial-brokers, #george-floyd-protests-2020, #goldman-sachs-group-inc, #jpmorgan-chasecompany, #morgan-stanley, #new-york-city, #telecommuting, #videophones-and-videoconferencing

Financial Brokers Must Now Act in Your ‘Best Interest.’ What Does That Mean?

A new standard established by the Securities and Exchange Commission may sound better than it actually is, consumer advocates say.

#consumer-federation-of-america, #consumer-protection, #content-type-service, #financial-brokers, #labor-department-us, #personal-finances, #regulation-and-deregulation-of-industry, #securities-and-exchange-commission

Robinhood Has Lured Young Traders, Sometimes With Devastating Results

Its users buy and sell the riskiest financial products and do so more frequently than customers at other retail brokerage firms, but their inexperience can lead to staggering losses.

#banking-and-financial-institutions, #bhatt-baiju, #financial-brokers, #high-frequency-and-flash-trading, #mobile-applications, #robinhood-financial-llc, #stocks-and-bonds, #tenev-vladimir

Working From Home Feeds Market’s Woes in Little Ways That Add Up

As traders scattered to their homes, sacrificing fast speeds, multiple screens and intricate setups, decisions took longer to communicate, slowing markets and adding uncertainty.

#banking-and-financial-institutions, #computers-and-the-internet, #coronavirus-2019-ncov, #financial-brokers, #stocks-and-bonds, #telecommuting