its extremely likely this would have blown up and lots of people would have lost their shirts without them doing anything and then they could have shrugged and said "financial assets may lose value dude this is why we used to not let randos trade" and there would be no pushback
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is this allowed by the terms and conditions no one reads or did they just open up the possibility of a lawsuit by every user affected by this?
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Could GameStop sue their index’s and these brokerages?
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Mhmm, the problem is that if they would've waited they'd be on the hook for all of the overleveraged retail traders buying at the top. Lose-lose.
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They are directly responsible. Or are you thinking there might some other scenario?
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The ship is on fire! Open the seacocks!
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shorts would have been screwed and that would have been very sad for their bonuses this year
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