The Investment Thread

Turfie said
So the DOJ is investigating Hedge Funds for illegal short selling.

https://www.reuters.com/markets/eur...into-short-selling-bloomberg-news-2021-12-10/
My tin foil thinking is that the SEC was investigating and had a holy crap moment. All the SEC can do is pretty much just issue fines. I wonder if it’s possible that they said “Nope, nothing going on here. Thanks GameStop and others for providing documents”. But just handed over everything to the DOJ and said - you’d outta look at this.

Fun fact - one of the deputies that helped take down Enron is leading this one.

Interesting, but, I think ultimately, it's going to be a road to nowhere. I think they'll realize that doing anything meaningful will mean pain from which the markets wouldn't be able to recover from. Best we can hope for is finger-wagging and slaps on the wrist for the worst offenders.