Dumb Money
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Dumb Money
''Dumb Money'' is an upcoming American biographical comedy-drama film directed by Craig Gillespie, from a script by Lauren Schuker Blum and Rebecca Angelo, based on the book ''The Antisocial Network: The GameStop Short Squeeze and the Ragtag Group of Amateur Traders That Brought Wall Street to Its Knees'' by Ben Mezrich. The film chronicles the GameStop short squeeze from January 2021, and stars an ensemble cast featuring Paul Dano, Sebastian Stan, Seth Rogen, and Pete Davidson. Teddy Schwarzman, Aaron Ryder, and Gillespie are producing the project. The film will be released theatrically on October 20, 2023, by Stage 6 Films and Sony Pictures Releasing. Premise "Based on the true story of a group of rag-tag investors from the Reddit page called Wall Street Bets, who banded together to put the squeeze on at least two hedge funds that had bet that GameStop shares would fall." Cast Production Development In January 2021, it was announced that Metro-Goldwyn-Mayer Pictures had b ...
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Craig Gillespie
Craig Gillespie (born 1 September 1967) is an Australian-American film, television, music video, and commercial director. He is best known for directing the films ''Lars and the Real Girl'' (2007), ''Fright Night'' (2011), ''I, Tonya'' (2017), and '' Cruella'' (2021). Early life Born and raised in Sydney, Gillespie moved to New York City at the age of nineteen to study illustration, graphic design and advertising at Manhattan's School of Visual Arts. Gillespie stated he had grown up as an atheist. Career Gillespie started out as an intern at ad agency J. Walter Thompson, New York. He then moved on to D'Arcy Masius Benton & Bowles, BBDO, Deutsch, and Ammirati & Puris, first as an art director, later as a creative director. After eight years working on the agency side he moved into directing in 1995. Based on the strength of his spec reel and agency experience, he gained representation by production company Fahrenheit Films in late 1995. One year later, he signed with Coppos Fil ...
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Short Squeeze
In the stock market, a short squeeze is a rapid increase in the price of a stock owing primarily to an excess of short selling of a stock rather than underlying fundamentals. A short squeeze occurs when there is a lack of supply and an excess of demand for the stock due to short sellers having to buy stocks to cover their short positions. Overview Short selling is a finance practice in which an investor, known as the short-seller, borrows shares and immediately sells them, hoping to buy them back later ("covering") at a lower price. As the shares were borrowed, the short-seller must eventually return them to the lender (plus interest and dividend, if any), and therefore makes a profit if they spend less buying back the shares than they earned when selling them. However, an unexpected piece of favorable news can cause a jump in the stock's share price, resulting in a loss rather than a profit. Short-sellers might then be triggered to buy the shares they had borrowed at a higher pric ...
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Steve Cohen (businessman)
Steven A. Cohen (born June 11, 1956) is an American hedge fund manager and owner of the New York Mets of Major League Baseball since September 14, 2020, owning roughly 97.2% of the team. He is the founder of hedge fund Point72 Asset Management and now-closed S.A.C. Capital Advisors, both based in Stamford, Connecticut. In 2013, the Cohen-founded S.A.C. Capital Advisors pleaded guilty to insider trading and agreed to pay $1.8 billion in fines ($900 million in forfeiture and $900 million in fines) in one of the biggest criminal cases against a hedge fund. Cohen was prohibited from managing outside money for two years as part of the settlement reached in the civil case over his accountability for the scandal. The hedge fund agreed to plead guilty to wire fraud and four counts of securities fraud and to close to outside investors. Cohen loosely inspired the character Bobby Axelrod, played by Damian Lewis, on the Showtime series ''Billions''. Early life and educa ...
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Vincent D'Onofrio
Vincent Philip D'Onofrio (; born June 30, 1959) is an American actor and filmmaker. He is known for his supporting and leading roles in both film and television. He has been nominated for a Primetime Emmy Award. His roles include Private Leonard "Gomer Pyle" Lawrence in '' Full Metal Jacket'' (1987), Edgar the Bug in ''Men in Black'' (1997) and '' Men in Black: The Series'' (1997–2001), Carl Stargher in '' The Cell'' (2000), New York City Police Detective Robert Goren in ''Law & Order: Criminal Intent'' (2001–11), Victor "Vic" Hoskins in '' Jurassic World'' (2015), and Wilson Fisk / Kingpin in four television series of the Marvel Cinematic Universe. Early life D'Onofrio was born on June 30, 1959, in Bensonhurst, Brooklyn, New York City, New York. He is of Italian descent, with ancestors from Naples. His parents Gennaro and Phyllis D'Onofrio met while Gennaro was stationed in Hawaii with the US Air Force. Gennaro was trained as an interior decorator but spent most of his s ...
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Clancy Brown
Clarence John "Clancy" Brown III (born January 5, 1959) is an American actor. Prolific in film and television since the 1980s, Brown is often cast in villainous and authoritative roles. Brown's film roles include Viking Lofgren in ''Bad Boys'' (1983), The Kurgan in '' Highlander'' (1986), Sheriff Gus Gilbert in '' Pet Sematary Two'' (1992), Capt. Byron Hadley in ''The Shawshank Redemption'' (1994), Sgt. Charles Zim in ''Starship Troopers'' (1997), and Stanley Thomas in ''Promising Young Woman'' (2020). On television, he has played Brother Justin Crowe on the HBO series ''Carnivàle'' (2003–2005), Waylon "Jock" Jeffcoat on the Showtime series '' Billions'' (2018–2019), and Kurt Caldwell on the Showtime series '' Dexter: New Blood'' (2021–2022). Brown provided the voices of Mr. Krabs on ''SpongeBob SquarePants'' (1999–present) and Lex Luthor in the DC Animated Universe (1996–2006), and several subsequent DC Comics animated projects. Other characters he has voiced include ...
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Dane DeHaan
Dane William DeHaan ( ; born February 6, 1986) is an American actor known for his roles as Andrew Detmer in '' Chronicle'' (2012), Lucien Carr in '' Kill Your Darlings'' (2013), Harry Osborn / Green Goblin in ''The Amazing Spider-Man 2'' (2014), Lockhart in ''A Cure for Wellness'' (2016), Valerian in ''Valerian and the City of a Thousand Planets'' (2017), and Chris Lynwood in ''ZeroZeroZero''. In 2021, he starred in psychological romance horror miniseries ''Lisey's Story''. He also had a role in the true crime limited series adaptation of '' The Staircase'' in 2022. Early life DeHaan was born in Allentown, Pennsylvania. His father is a computer programmer and his mother is an executive at MetLife. He has an older sister, and had what ''The Independent'' described in 2017 as a "very normal, super-supportive childhood". DeHaan attended Emmaus High School in Emmaus, Pennsylvania for three years and appeared in community theater. He switched to the University of North Carolina S ...
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Anthony Ramos
Anthony Paul Ramos Martinez (born November 1, 1991) is an American actor and singer. In 2015, he originated the dual roles of John Laurens and Philip Hamilton in the Broadway musical '' Hamilton''. Ramos also appeared in the 2021 film version of ''In the Heights'' as Usnavi and in the 2018 film ''A Star Is Born'' as Ramon. In 2021, he received a nomination for a Primetime Emmy Award for Outstanding Actor in a Supporting Role in a Limited Series or Movie for his performance in the Disney+ live stage recording of ''Hamilton'' which was released in 2020. He is scheduled to star in '' Transformers: Rise of the Beasts'' in 2023. Early life and education Ramos was born Anthony Paul Ramos Martinez in New York City, and is of Puerto Rican descent. He grew up in the Bushwick, Brooklyn neighborhood where he lived with his mother, older brother, and younger sister. Ramos attended Halsey Junior High School, where he sang Motown songs at school assemblies in a student group called the ...
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America Ferrera
America Georgina Ferrera (; born April 18, 1984) is an American actress. Born in Los Angeles to Honduran parents, Ferrera developed an interest in acting at a young age, performing in several stage productions at her school. She made her feature film debut in 2002 with the comedy-drama ''Real Women Have Curves'', earning praise for her performance. Ferrera has won an Emmy Award, a Golden Globe Award, and a Screen Actors Guild Award among others. Ferrera achieved modest success early in her career with roles in films such as the Disney original film ''Gotta Kick It Up!'' (2002) and the drama ''The Sisterhood of the Traveling Pants'' (2005); the latter earned her the Imagen Award Best Actress and her first nomination at the ALMA Awards. She undertook television roles including the eponymous role on the ABC comedy-drama ''Ugly Betty'' (2006–2010). She was praised for playing the protagonist of the series, Betty Suarez, and won Best Actress Awards in 2007 from the Golden Globe Aw ...
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Shailene Woodley
Shailene Diann Woodley (born November 15, 1991) is an American actress. Born in San Bernardino, California, Woodley was raised in Simi Valley, and started modeling at the age of four and began acting professionally in minor television roles. She first gained prominence for her starring role as Amy Juergens in the ABC Family teen drama series ''The Secret Life of the American Teenager'' (2008–2013). She subsequently starred in the films ''The Descendants'' (2011) and ''The Spectacular Now'' (2013), receiving a nomination for her first Golden Globe Award for the former. Woodley achieved wider recognition for her starring role as a teenaged cancer patient in the romantic drama ''The Fault in Our Stars'' (2014) and as Beatrice Prior in the science-fiction trilogy ''The Divergent Series'' (2014–2016). She played a sexual assault survivor in the HBO drama series '' Big Little Lies'' (2017–2019), for which she was nominated for a Golden Globe Award and a Primetime Emmy Award. Sh ...
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Gabe Plotkin
Melvin Capital Management LP is an American investment management firm based in New York City. It was founded in 2014 by Gabriel Plotkin, who named the firm after his late grandfather. On May 18, 2022 Plotkin announced that the fund would close and return any remaining customer funds by June 2022. Assets under management in April 2022 were about $7.8 billion. Melvin Capital invested primarily in technology and consumer stocks and was reported to have $8billion in assets under management (AUM) as of January 2021. During the GameStop short squeeze of 2021, they sustained losses of 53% or $6.8 billion, at one point losing more than a billion dollars a day; in Q1 2021, the firm's assets declined 49%, and it finished 2021 down more than 39% on the year, during which the S&P 500 rose 28.7%. Melvin Capital began January 2022 down 17%. History Background After graduating from Northwestern University with a degree in economics in 2001, Gabriel Plotkin joined Ken Griffin's hedge fund C ...
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Vlad Tenev
Vladimir Tenev (; born 13 February 1987) is a Bulgarian Americans, Bulgarian-American entrepreneur who is the co-founder (with Baiju Bhatt) and CEO of Robinhood (company), Robinhood, a US-based financial technology services company. Early life Tenev was born in Bulgaria, and his parents migrated to the U.S. when he was five. His parents both worked for the World Bank. He attended Thomas Jefferson High School for Science and Technology in Fairfax County, Virginia. He earned a degree in mathematics from Stanford University, where he met Baiju Bhatt. He studied for a mathematics PhD at UCLA, but dropped out to work with Bhatt. Career In 2010, Tenev and Baiju Bhatt, Bhatt started a high-frequency trading software company called Celeris. By January 2011 they abandoned it to create Chronos Research, which sold low-latency software to other trading firms and banks. In 2013, Tenev and Bhatt co-founded the trading platform Robinhood. In 2015, Robinhood launched its mobile app to the pu ...
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Keith Gill
Keith Patrick Gill (born 1986) is an American financial analyst and investor known for his posts on the subreddit r/wallstreetbets. His analyses of GameStop stock, and details of his resulting investment gains—posted on Reddit under the username DeepFuckingValue (DFV) and on YouTube and Twitter as Roaring Kitty—were cited as a driving factor in the GameStop short squeeze of January 2021, and as a spark for the subsequent trading frenzy in retail stocks. The rising stock value allowed Gill to turn a investment into one worth close to $50 million ( Gill's posts were described as "forthright, spreadsheet-laden content". His Reddit username derives from the investing term ''deep value'', as Gill claims to be a proponent of value investing. Reuters revealed his identity to the public on January 28, 2021, after an investigation of public records and social-media posts. Gill gave testimony as part of a virtual hearing held by the US House Financial Services Committee on February 18, ...
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