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    Want to stop the stock madness? Tax the winners more

    The public is enthralled by GameStop. The stock of the moribund retailer jumped 19 times in price in three weeks. Small investors made huge paper profits. Hedge funds have gotten clobbered. The financial pages are rife with talk of a "battle" between the little guy and Wall Street. Who needs the Super Bowl? For that matter, is there any difference? You bet there is. And the government should ...
    by Roger Lowenstein, Los Angeles Times Feb 05, 2021 3 minutes

    The public is enthralled by GameStop.

    The stock of the moribund retailer jumped 19 times in price in three weeks. Small investors made huge paper profits. Hedge funds have gotten clobbered. The financial pages are rife with talk of a "battle" between the little guy and Wall Street.

    Who needs the Super Bowl? For that matter, is there any difference?

    You bet there is. And the government should act to curb it.

    To be clear, the public has no legitimate interest in which investors

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