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Re:WallStreetBets vs WallStreet: It's not about the money an... by minikites on Thursday January 28, 2021 @10:10AM (#25942913)
>the market has rightfully taught them a lesson

Has it? What leads you to believe that THIS is the time investment firms will stop being reckless?

Re:WallStreetBets vs WallStreet: It's not about the money an... by bidirectional on Thursday January 28, 2021 @10:12AM (#25942974)
Where did I say that? They've been taught a lesson via losing a lot of money, and now they know will be a lot of eyeballs on any future trades of a similar nature.
Re:WallStreetBets vs WallStreet: It's not about the money an... by minikites on Thursday January 28, 2021 @10:19AM (#25943083)
How is that a lesson? What consequences have they endured that will affect their future behavior? "Eyeballs" is not a lesson.
Re:WallStreetBets vs WallStreet: It's not about the money an... by bidirectional on Thursday January 28, 2021 @10:27AM (#25943267)
Losing billions of dollars in one of the biggest trading stories ever seems fairly consequential and will likely affect their future behaviour. That combined with the newfound knowledge that the type of trade they made can be picked up on and exploited is also likely to affect their future behaviour (i.e. don't do that again).
Re:WallStreetBets vs WallStreet: It's not about the money an... by minikites on Thursday January 28, 2021 @12:44PM (#25945546)
These are shame-based punishments, what happens if these people have no shame?
Re:WallStreetBets vs WallStreet: It's not about the money an... by alisonkisk on Thursday January 28, 2021 @04:28PM (#25949520)
$3B is not shame.
Re:WallStreetBets vs WallStreet: It's not about the money an... by minikites on Friday January 29, 2021 @10:26AM (#25958180)
Sure it is, and most of us have enough capacity for shame that it works on us. Do you think Bernie Madoff feels ashamed about the money he lost? People who have no shame are very powerful, which is exactly why we need actual, meaningful punishment for people like this.