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I have been a lawyer at the SEC
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Gaming Wall St

I have been a lawyerat the SEC, the general counsel of the SEC,and the chairman

I have been a lawyer
at the SEC, the general counsel of the SEC,
and the chairman

Full Transcript

00:00:01.000 --> 00:00:05.371
I have been a lawyer at the SEC,
00:00:05.471 --> 00:00:10.209
the general counsel of the SEC, and the chairman.
Duration
10 seconds
Views
30
Timestamp in Movie
00:21:05
Uploaded
May 06, 2025
Season
1
Episode
2
Genres
documentary
Production
One Shot Productions

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Movie Summary

Explores the stock market frenzy of GameStop, and how a group of armchair investors and online vigilantes ultimately helped expose the dark underbelly of Wall Street.
S01 • E01 My name's John Fichthorn, and I've been on Wall Street - Gaming Wall St 00:12
My name's John Fichthorn, and I've been on Wall St...
S01 • E02 We're gonna do our job, and we're gonna keep on - Gaming Wall St 00:07
We're gonna do our job, and we're gonna keep on
S01 • E01 But I've done a little bit of everything, - Gaming Wall St 00:07
But I've done a little bit of everything,
S01 • E02 The problem with naked short selling is, - Gaming Wall St 00:09
The problem with naked short selling is,
S01 • E01 This is important now, so listen up, - Gaming Wall St 00:06
This is important now, so listen up,
S01 • E02 It leads, on occasion, to overvoting of stock. - Gaming Wall St 00:07
It leads, on occasion, to overvoting of stock.
S01 • E01 When regular investors bet on a company, - Gaming Wall St 00:05
When regular investors bet on a company,
S01 • E01 They buy a stock, and if the price goes up, - Gaming Wall St 00:05
They buy a stock, and if the price goes up,
S01 • E02 - I was out at lunch with a couple of transfer agents. - Gaming Wall St 00:04
- I was out at lunch with a couple of transfer agents.
S01 • E02 They said, "Look, we have a very specific problem - Gaming Wall St 00:15
They said, "Look, we have a very specific problem
S01 • E01 If the stock price goes up, they actually lose money, - Gaming Wall St 00:07
If the stock price goes up, they actually lose money,
S01 • E01 And now you're like, - Gaming Wall St 00:08
And now you're like,
S01 • E02 Eventually, I ended up talking to the executive vice president - Gaming Wall St 00:06
Eventually, I ended up talking to the executive vice preside...
S01 • E01 Say you go to a prime broker, - Gaming Wall St 00:07
Say you go to a prime broker,
S01 • E02 I said, "Here's all they want - Gaming Wall St 00:11
I said, "Here's all they want
S01 • E01 They'll say, "Sure, here you go," - Gaming Wall St 00:06
They'll say, "Sure, here you go,"
S01 • E02 And he just pretty much said no. - Gaming Wall St 00:04
And he just pretty much said no.
S01 • E02 He said no... he said, "You can't balance the world." - Gaming Wall St 00:18
He said no... he said, "You can't balance the worl...
S01 • E01 You got to buy back the stock and return it to the broker. - Gaming Wall St 00:04
You got to buy back the stock and return it to the broker.
S01 • E01 Hopefully the price went down, - Gaming Wall St 00:06
Hopefully the price went down,