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Carson Block suggests some hedge funds may have piled into GameStop last week to squeeze short-sellers - and says markets are 'broken'
Carson Block suggests some hedge funds may have piled into GameStop last week to squeeze short-sellers - and says markets are 'broken'
Harry RobertsonFeb 2, 2021, 22:57 IST
Short-seller Carson Block is the founder of Muddy Waters ResearchBrendan McDermid/Reuters
Investor Carson Block suggested there may have been hedge fund "coordination" over GameStop.
He said hedge funds had been known to squeeze short-sellers, such as his own firm Muddy Waters.
Block also said that "
markets are broken" thanks to too much credit and leverage.