Comments by "Crime Stoppers" (@crimestoppers1877) on "GameStop Stock Trading Controversy" video.

You gave a nice primer for the naive. Lets talk about the real issue. In 2008 a major Wall street market maker was caught by "himself" defrauding investors by many billions of dollars. He had to turn himself in for a fraud that ran for many years. It seems that the company only took customer investments and did not but any stocks, but used the new investment money to pay back those who were getting out of the market and taking their money + substantial profits from the new investors. This is a classic Ponzi scheme with a twist. Investigators had been watching this firm for 8 years and the regulatory agencies refused to adequately audit the firm. Billions of dollars were lost by honest investors for decades, yet NO government or regulatory agency including the US Attorney General, FBI or SEC would lift a finger to stop this criminal activity that even a teen-aged gamer would be smart enough to figure out. Today only one person is in prison and the regulators are smiling at one more job "well done". None were fired for incompetence and the beat goes on encouraging more psychopaths with "Dark Triad" personality traits to continue. Honest workers lose pensions while many "Whale" investors destroy pensions and legitimate firms for greed and amusement. Where are the regulators? Instead we get repeated Mortgage scams, Ponzi schemes and questionable relationships between top government officials who are involved with the same companies. None of this should be a surprise to those who are behind these manipulations. I do understand why so many young investors want to invest in Gamestop. Most have nostalgia for those stores and want to keep them successful for the future. They don't care about psychopaths who short sell to ruin the lives of honest businesses.
3