GameStop Mania

Billionaire Blues • AOC Takes On Ted Cruz • Zuckerberg's Choice [View in your browser]( | [Update your preferences](newsletter=vf) [Vanity Fair]( GameStop Mania Good morning from the Hive newsroom! William D. Cohan [digs]( into the Reddit-fueled GameStop stock explosion, which, like past market manias—remember the 17th-century Dutch tulip craze?—ends badly for most. Hedge funders “lost a ton” and “a band of brothers screwed the man and made a bunch,” he writes. Investors just getting in on the action were “collateral damage.” “The hedge fund managers are pissed,” [writes]( Bess Levin, with CNBC providing an outlet “to complain that this is bullshit and unfair and not the way any of this is supposed to work.” Alexandria Ocasio-Cortez also jumped into the GameStop fray—and pummeled Ted Cruz in the process, Levin [adds](. Thanks for reading! [GameStop Mania Is Leaving a Trail of Destruction in Its Wake]( By [William D. Cohan]( [This week’s wild saga is no different from market dramas of the past, except that it happened at turbo speed. When the dust settles there will be a few winners—and a whole lot of losers.]( [Image]( [The Hive 1]( [Angry Hedge Fund Billionaire Leon Cooperman Is Mad at GameStop Redditors for “Attacking Wealthy People”]( By [Bess Levin]( [“The reason the market is doing what it’s doing is people are sitting at home getting their checks from the government, okay, and this fair share is a bullshit concept.”]( [Read More]( [The Hive 2]( [AOC Tells Ted Cruz to Take His GameStop Bipartisanship and Shove It Up His Ass]( By [Bess Levin]( [And while he’s at it, tender his resignation from the Senate.]( [Read More]( [The Hive 3]( [Can Mark Zuckerberg Be Trusted to Take Politics Out of Facebook?]( By [Eric Lutz]( [Zuckerberg claims he wants to fix the political polarization Facebook helped bring about. But that may go against his own bottom line.]( [Read More]( [The Hive 4]( [Tucker Carlson Neglected to Mention “Conservative Journalist” Has a Racist Past]( By [Caleb Ecarma]( [Fresh off defending QAnon, the Fox News host portrayed Douglass Mackey, an infamous right-wing troll charged in a voter-suppression scheme, as yet another conservative being silenced for his views.]( [Read More]( Get on the list Subscribe to our Hollywood newsletter for your essential industry and awards-season news, every day. [Sign Up Now]( [(image) Condé Nast Spotlight | The breaking news and top stories everyone is talking about. All in one place. The most popular stories from Vogue, GQ, The New Yorker, Vanity Fair, Wired, Architectural Digest and more. STAY INFORMED]( [Facebook]( [Twitter]( [Instagram]( [LinkedIn]( This e-mail was sent to you by The Hive. To ensure delivery to your inbox (not bulk or junk folders), please add our e-mail address, vanityfair@newsletter.vf.com, to your address book. View our [Privacy Policy]( [Unsubscribe](newsletter=vf) Sent from Condé Nast, 1 World Trade Center, New York, NY 10007 Copyright © 2021 Condé Nast