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E20: Robinhood wrap up, Insiders vs. Outsiders, California's failing report card & how to fix it
All-In with Chamath, Jason, Sacks & Friedberg
I Think Robin Hood Should Have Eaten It.
The problem with the whole situation of games stop actually doesn't really surround that, because it's more of a symptom. And what led up to it was, you know, the insistence that a bunch of organizations needed access to a preferential set of data so that they could theoretically participate in that order flow before. The rules for certain organizations are different than those for banks. hedge funds can lever themselves up to such a massive degree that you create that l t c m type of issue.
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