Most are diverse funds, even if they get raked on their GME positions. There will be sell offs to cover. Their investors will lose their asses and those managers will get fired.
Insert "And its gone!" Meme.
Also...if it actually wrecked the bank, don't be surprised if the feds do another bank bailout.
Most are diverse funds, even if they get raked on their GME positions. There will be sell offs to cover. Their investors will lose their asses and those managers will get fired.
Insert "And its gone!" Meme.
Also...if it actually wrecked the bank, don't be surprised if the feds do another bank bailout.