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Because colluding over boozy lunches and getting dodgy inside-information from kickbacks /quid pro quo is much more democratic than people talking on the internet.
Quite.
What is happening with Gamestop isn't notable for what is happening. This sort of thing happens every day on various markets. its the fact that its outsiders doing it that is the difference.
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This sort of thing happens every day on various markets.
And the SEC / other exchanges halt / suspend trading for those too.
Because colluding over boozy lunches and getting dodgy inside-information from kickbacks /quid pro quo is much more democratic than people talking on the internet.