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How to fix market manipulation
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Andrew Ross Sorkin
There will be academic case studies on the mania around GameStop's stock. There will be philosophical debates about whether this was a genuine protest against hedge funds and inequality or a pump-and-dump scheme masquerading as a moral crusade.
What the Reddit investors did, more than anything else, was demonstrate in the starkest terms that they could manipulate the market in the way that so many in the public believe hedge funds and wealthy investors do every day.
