28 Jan News Brief: Finance Media’s GameStop Meltdown and the Thin Moral Pretexts of Wall Street’s Game…
Citations Needed | January 28, 2021 | Transcript[embed]https://soundcloud.com/citationsneeded/news-brief-finance-medias-gamestop-meltdown-and-the-thin-moral-pretexts-of-wall-sts-game-rigging[/embed][Music]Nima Shirazi: Welcome to a Citations Needed News Brief. I am Nima Shirazi.Adam Johnson: I’m Adam Johnson.Zero Mostel and Gene Wilder in “The Producers” (1967)Nima: We do these News Briefs in between our regularly scheduled full length episodes when — I don’t know — we have to talk about GameStop. So, that’s what’s happening today. Of course, you can follow the show on Twitter @CitationsPod, Facebook Citations Needed, become a supporter of our work through Patreon.com/CitationsNeededPodcast with Nima Shirazi and Adam Johnson. But Adam, I’ve been trying to follow the GameStop story and the only analogy I can possibly try and understand it using is, like, The Producers. That’s the only way. Okay, there’s, you know, short selling and shit like that, like you do this thing where you expect a thing to crash, and then you reap the benefits, but if it goes the other way you get screwed. But please, explain a little more about what we’re seeing with GameStop and then we’ll get into what winds up being both sinister and also funny about...