If the hedge funds are bankrupted by the Gamestop fiasco, what OTHER short positions are they going to be unable to cover?
Time to dig to get the full measure of this. What OTHER hedge funds are out there with naked (and over-subscribed) short trades?
This cannot help but ripple out to the rest of the world markets. And perhaps it's not a simple ripple. Where regulation could not control the hedge funds, perhaps bankruptcy can. The potential is there.