[Ghostt8117]

Charge everyone with market manipulation the same way that everyone who caused the 2008 recession was charged? Sincere question, because if they decide to charge individual investors who commented on a Reddit thread with market manipulation after my generation witnessed the downfall of the economy due to sheer lies and blatant manipulation by banks, with no major charges against anyone of importance, I, at least, will be very angry.

[caffeine]

I am not against charging certain actors in the 2008 crisis with fraud and manipulation either.

The 2008 recession is not really a comparable event to the current GME short squeeze. It was rather a broad series of events, most of which were unfortunately legal, some of which were probably not.

In that case I would be in favour of charging the ratings agencies with fraud, and possibly the financial regulators with gross incompetence.

Edit: I don't see it as "big guys vs small guys". I see it as "law abiding people vs not".

So my reaction is not "its unfair to prosecute the little guy," but rather "we didnt get those criminals but at least we can get these criminals."

[lazyasciiart]

Do you think that something like "Elon Musk tweets the word 'bitcoin'" can/should actually be charged as market manipulation? What about people selling their newsletter of stock tips? What about printing an article in Bloomberg suggesting that XYZ is undervalued/overvalued for $reasons? What about some nobody on reddit posting to wsb to say let's go to $321! What about being paid to tell clients what you think they should invest in? What about telling other users on reddit for free what you think they should invest in?

I'm not sure I see a clear line in there to call any of it illegal.

[morlockabove]

What a very convenient point of view for the people above the law. I hope they're passing some of their gains on to you.

[throwaway2048]

its funny how its always a certain class of people "we didn't get", the answer isn't to shrug your shoulders and say oh well.