2 chapters across the catalog
IRS $600 Reporting, GameStop Stimulus Theory
A theory is proposed that the IRS's proposed $600 bank account reporting threshold is a reaction to the GameStop stock surge. Billionaire Leon Cooperman previously blamed $600 stimulus checks for enabling retail investors to create a short squeeze on hedge funds.
Billionaire Leon Cooperman and the Fair Share Debate
Billionaire Leon Cooperman criticized retail investors, claiming they are using government stimulus checks to attack wealthy people under the guise of "fair share" rhetoric. While some argue the money should be used for charity, the Reddit investors view the squeeze as a way to beat Wall Street at its own game. Speculation suggests the group may target the silver market next to expose further manipulation.
