Comments by "William Warren" (@wbwarren57) on "Wallstreetbets u0026 the alt-right - the slander train is leaving the station." video.

Nice video! One thing that’s interesting to think about is on what exchange did these hedge fund sell short the shares? In all probability they sold the shares short on exchanges that are covered by the depository trust in clearing corporation that acts as a middleman between buyers and sellers. Now the DTCC as it is called has funding from the brokers and other participants in the market that should cover bankruptcies of one or just a few of the players. However, because the potential lots of money in this situation is so high (I estimate it could be five to $50 billion) I’m not sure that the depository trust and clearing corporation would have enough money to cover the bankruptcy of these hedge funds. That could cause major problems in the markets. Yes, these problems with mostly affect brokers and hedge funds, but they would also affect companies and the people who work for the companies all across the nation.
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