‘Dumb Money’ Screenwriter Compares Game Stop Stock Scandal to Strikes: ‘It’s Rigged on Wall Street. It’s Rigged in Hollywood’
variety.comDumb Money” drew parallels between the battle between Reddit investors and Wall Street tycoons over GameStop and the actors and writers strikes that are roiling Hollywood at the Toronto Film Festival premiere. “We just watched a film about the system being rigged.
It’s rigged on Wall Street and it’s rigged in Hollywood,” said Lauren Schuker Blum, who co-wrote the screenplay with Rebecca Angelo. “We’re proud to be part of a union that’s fighting for transparency.” Craig Gillespie directed “Dumb Money,” which chronicles the stranger-than-fiction frenzy between amateur investors and hedge fund billionaire that turned into the infamous GameStop stock saga in January 2021.
As the story goes, a group of loyal ragtag investors on Reddit managed to band together to put a squeeze on Wall Street traders who bet that the video game retailer GameStop would fail.
The starry ensemble of Paul Dano, Pete Davidson, Seth Rogen, Shailene Woodley, Sebastian Stan and Nick Offerman wasn’t in attendance because of the dual labor strikes that have left screenwriters and actors on the picket lines.
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