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Podcast: You Can’t Make This Up
Episode: Eat the Rich: The GameStop Saga
Description: In this episode of You Can't Make This Up, we are talking about the Netflix documentary series “Eat the Rich: The GameStop Saga," out now on Netflix. Host Rebecca Lavoie interviews executive producer Dan Cogan.Powerful Wall Street hedge funds made a financial bet: if video game retailer GameStop went bankrupt, they’d make a killing on its devalued stock. But no one could anticipate an army of online day traders would prop up GameStop and squeeze the over-extended hedge funds that were short selling the company. What happened next made some people very rich, while bringing the...