Meme Stocks And The $10,000 Hourly Rate
Much like what happened with GameStop, could there be a perfect storm brewing to drive top rates upward to the unheard-of $10,000 rate?
Much like what happened with GameStop, could there be a perfect storm brewing to drive top rates upward to the unheard-of $10,000 rate?
The SEC stopped short of making any new policy recommendations, but the agency did strongly imply that it would be taking a closer look at Robinhood Markets.
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While the U.S. is allegedly built on a free market, the market is only free to be manipulated and profited off of by the wealthy.
Consumers blew up Wall Street; will their next stop be the courthouse?
* Merrick Garland said he will sell his stocks after he is confirmed as Attorney General. Maybe he is just unloading his GameStop shares... [Barrons] * A Roger Ailes accuser is alleging that lawyers for Fox News are using improper litigation tactics against her. [Daily Beast] * Two Attorneys General of Alaska have resigned in around six months. And it's not because of the weather... [New York Times] * A New Jersey attorney has been disbarred for using client money on personal expenses, including items at Walmart and Home Depot. [New Jersey Law Journal] * The supermarket Market Basket is facing a lawsuit over allegedly misstating the number of cups that can be made with a container of coffee. Maybe the plaintiff just likes strong brew... [CBS News]
Perhaps those who are on the fence about law school can learn some lessons from what happened last with the rise and fall (and maybe rise again) of GameStop stock.
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* Whole Foods is facing a lawsuit alleging the retailer misled customers by calling a product "Honey Graham Crackers" when it actually wasn't that healthy. Guess you do attract more flies with honey... [Fox News] * A Florida lawyer has been disbarred for filming sexual encounters with inmates in jail. [New York Daily News] * The Manhattan District Attorney is apparently investigating Stephen Bannon following his federal pardon by President Trump. [Washington Post] * Check out a summary on all of the lawsuits faced by Robinhood over its decisions regarding GameStop stock. [Verge] * A bank has repossessed a private plane owned by a San Antonio lawyer. Maybe he fought for the plane like it was the Alamo... [KSAT.com]
Blockbuster Video reenters the spotlight.