Feb 12th, 2021

Palihapitiya Explains How GameStop Showed Up Wall Street

As Chamath Palihapitiya sees it, Wall Street keeps creating the same problems and no one fixes them. But during the short squeeze in GameStop Corp. shares, the “wizards behind the veil” were beaten at their own game. Here, the Social Capital founder discusses the role of day traders, hedge funds, and short-sellers. He spoke exclusively with Erik Schatzker on Bloomberg’s “Front Row.” (Source: Bloomberg)