8 O'Clock Buzz

GameStop and speculative trading on Wall Street — a solution?


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Speculative trading has taken over Wall Street, with 85% of trades in investments with no basis in a company’s worth or potential — case in point with the recent rise and crash of GameStop. James Henry, Global Justice Fellow at Yale University and founder of the Sag Harbor Group IT consultants, talks about his latest article: “Beyond the GameStop Drama: Tax and the Wall Street Casino — The Need for a Financial Transaction Tax” which would help address wealth inequity and moderate speculation as a progressive sales tax.
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8 O'Clock BuzzBy Brian Standing, Haywood Simmons & Michelle Naff, Jan Miyasaki, Tony Castaneda, & Jonathan Zarov

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