I don't get how this hurts the elites or whoever else apathetic to the WSB crowds. Margin loans are collateralized. Wall street firms are making record trade pr

I don't get how this hurts the elites or whoever else apathetic to the WSB crowds. Margin loans are collateralized. Wall street firms are making record trade profits (or at least much better than main street banks). Like lottery this can only hurt those who actually play the game.