On: GameStop Is Rage Against the Financial Machine

[mikepurvis]

The Big Short talks about this too— people trying to figure out how to bet against subprime mortgages in a way that the entity on the other side of it will actually be in a position to pay out (and be able to be compelled to do so).

Perhaps ironically, one of the central characters of that story, Michael Burry, is none too pleased at the current situation: https://www.bnnbloomberg.ca/michael-burry-calls-gamestop-ral...

EDIT: The Big Short, of course, not Moneyball.

[seanosaur → mikepurvis]

Nitpicking, but I think you're referring to The Big Short rather than Moneyball.

[mikepurvis → seanosaur]

Right, of course— thanks. My brain was short-cutting to "the one that got made into a movie."

[exoque → mikepurvis]

You mean 'The Big Short', Moneyball is about baseball. ;)