But the only reason, the only reason Citadel and Ken Griffinwould give Melvin a dime,given...
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But the only reason, the only reason Citadel and Ken Griffin
would give Melvin a dime,
given his state, would be that, in their view, Melvin represented such risk that further destruction
of Melvin in the GameStop/meme stocks would put a very, very, very
overleveraged Citadel at risk
would give Melvin a dime,
given his state, would be that, in their view, Melvin represented such risk that further destruction
of Melvin in the GameStop/meme stocks would put a very, very, very
overleveraged Citadel at risk
Full Transcript
00:00:01.000 --> 00:00:02.875
But the only reason,
00:00:03.625 --> 00:00:05.083
the only reason
00:00:05.917 --> 00:00:10.075
Citadel and Ken Griffin
would give Melvin a dime,
given his state,
00:00:11.542 --> 00:00:13.375
would be that, in their view,
00:00:13.542 --> 00:00:16.000
Melvin represented such risk
00:00:17.002 --> 00:00:20.792
that further destruction
of Melvin
00:00:20.958 --> 00:00:24.583
in the GameStop/meme stocks
00:00:24.075 --> 00:00:29.958
would put a very, very, very
overleveraged Citadel at risk.
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Movie Summary
Retail investors and twin brothers Finley and Quinn Mulligan give an insider look at the GameStop "short squeeze" and the "Apes" fighting for transparency and accountability in our corrupt capital markets.
