Wall Street's biggest clowns being exposed by stock market crash, selloff

that he'd reopened his venture-capital fund, Social Capital, to outside investors and was raising new money. As for all those retail investors he brought in? Well, let's hope they didn't put all their"stimmy" money on his ideas.When people are making money in the market on some new fad or asset, it can be hard to not jump on board. But if that buzzy money-making investment sounds too good to be true, it probably is.

People who thought they were geniuses for selling pictures on a website and calling them NFTs are finding themselves in the crosshairs of the. And the Securities and Exchange Commission is going after celebrities who shilled for crypto without giving people an inkling of the risk involved. It's really never a good sign when you see celebrities hanging around the stock market, and during the bubble they were everywhere, pumping crypto and investing in SPACs. Their main message is that it's not hard to make money — in fact, you'll miss out if you don't get involved. It is a siren song for gullible people. Good information about the stock market does not come easy, and Gordon Gekko was right to say that if you want a friend on Wall Street, you should buy a dog.

too soon

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