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Gaming Wall Street
''Gaming Wall St'' is a HBO Max Original documentary miniseries directed by Tobias Deml and narrated by Kieran Culkin. The 2-episode series explores the causes that lead to the 2021 GameStop short squeeze, and the dark underbelly of Wall Street that the phenomenon unearthed: payment for order flow, creative accounting, abuses of the short selling mechanism like naked short selling, corporate overvoting and failures to deliver (FTDs). Production The series was initiated by Prodigium Pictures, a production company owned by director Tobias Deml, in late 2020. In its earliest form, Deml and producer Tessa Byford conceived of a documentary that would follow the rowdy online community Wall Street Bets. Once the GameStop phenomenon—popularized by that community—became a #1 global headline however, the focus shifted more towards the tug-of-war around meme stocks, and the financial markets phenomena underpinning this highly unusual event. Filming began on February 1, 2021, in ...
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Television Documentary
Television documentaries are televised media productions that screen documentaries. Television documentaries exist either as a television documentary series or as a television documentary film. *Television documentary series, sometimes called docuseries, are television series screened within an ordered collection of two or more televised episodes. *Television documentary films exist as a singular documentary film to be broadcast via a documentary channel or a news-related channel. Occasionally, documentary films that were initially intended for televised broadcasting may be screened in a cinema. Documentary television rose to prominence during the 1940s, spawning from earlier cinematic documentary filmmaking ventures. Early production techniques were highly inefficient compared to modern recording methods. Early television documentaries typically featured historical, wartime, investigative or event-related subject matter. Contemporary television documentaries have extended to ...
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Overvoting
An overvote occurs when one votes for more than the maximum number of selections allowed in a contest. The result is a spoiled vote which is not included in the final tally. One example of an overvote would be voting for two candidates in a single race with the instruction "Vote for not more than one." ''Robert's Rules of Order'' notes that such votes are illegal. The exact definition of overvotes is ambiguous in a contest with N-of-M voting, where N of M choices can be selected and N>1 (vote for no more than N). Sometimes overvotes are reported as the number of ballots overvoted in the contest, and sometimes it is reported as N*overvoted-ballots. Undervotes combined with overvotes (known as residual votes) can be an academic indicator in evaluating the accuracy of a voting system when recording voter intent. While an overvote in a plurality voting system or limited voting is always illegal, in certain other electoral methods including approval voting Approval voting is an el ...
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The Big Short (film)
''The Big Short'' is a 2015 American biographical crime comedy-drama film directed and co-written by Adam McKay. Co-written by Charles Randolph, it is based on the 2010 book '' The Big Short: Inside the Doomsday Machine'' by Michael Lewis showing how the financial crisis of 2007–2008 was triggered by the United States housing bubble. The film stars Christian Bale, Steve Carell, Ryan Gosling and Brad Pitt, with John Magaro, Finn Wittrock, Hamish Linklater, Rafe Spall, Jeremy Strong, and Marisa Tomei in supporting roles. The film is noted for the unconventional techniques it employs to explain financial instruments. Among others, it features cameo appearances by actress Margot Robbie, chef Anthony Bourdain, singer-songwriter Selena Gomez, and economist Richard Thaler, who break the fourth wall to explain concepts such as subprime mortgages and synthetic collateralized debt obligations. Several of the film's characters directly address the audience, most frequently Gosling's, ...
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Decider (website)
The ''New York Post'' (''NY Post'') is a conservative daily tabloid newspaper published in New York City. The ''Post'' also operates NYPost.com, the celebrity gossip site PageSix.com, and the entertainment site Decider.com. It was established in 1801 by Federalist and Founding Father Alexander Hamilton, and became a respected broadsheet in the 19th century under the name ''New York Evening Post''. Its most famous 19th-century editor was William Cullen Bryant. In the mid-20th century, the paper was owned by Dorothy Schiff, a devoted liberal, who developed its tabloid format. In 1976, Rupert Murdoch bought the ''Post'' for US$30.5 million. Since 1993, the ''Post'' has been owned by Murdoch's News Corp. Its distribution ranked 4th in the US in 2019. History 19th century The ''Post'' was founded by Alexander Hamilton with about US$10,000 () from a group of investors in the autumn of 1801 as the ''New-York Evening Post'', a broadsheet. Hamilton's co-investors included other New Y ...
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TV Guide
TV Guide is an American digital media company that provides television program Television, sometimes shortened to TV, is a telecommunication medium for transmitting moving images and sound. The term can refer to a television set, or the medium of television transmission. Television is a mass medium for advertising, ... TV listings, listings information as well as entertainment and television-related news. The company sold its print magazine division, TV Guide Magazine, TV Guide Magazine LLC, in 2008. Corporate history Prototype The prototype of what would become ''TV Guide Magazine'' was developed by Lee Wagner (1910–1993), who was the circulation director of Macfadden Communications Group#Macfadden Publications, MacFadden Publications in New York City in the 1930s – and later, by the time of the predecessor publication's creation, for Cowles Media Company – distributing magazines focusing on movie celebrities. In 1948, Wagner printed New York City area lis ...
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Social Impact Entertainment
Social Impact Entertainment (SIE) is "all storytelling that is self-aware of its potential impact on its audiences and incorporates that knowledge to effect positive change at the individual, local, or global scale on one or more social issues"'','' as defined by the SIE Society. The practitioners in this field are predominately producers and directors who want to add a "social surplus" to their entertainment, as contrasted to the field of Entertainment-Education which often starts out with a social change directive and then creates the entertainment around it. The topic is explored in the book, The Power of Storytelling: Social Impact Entertainment' written by Robert Rippberger. Overview A focus in the field is the study of actual effects (impact measurement), while the predominant interest is still to create entertaining, profitable content and work within the ecosystem of commercial film production and distribution. A common theme in the field of SIE is that mainstream film ...
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Betting On Zero
''Betting on Zero'' is a 2016 American documentary directed by Ted Braun. It investigates the allegation that Herbalife is a pyramid scheme, and follows Bill Ackman's short investment in Herbalife, which is ostensibly a billion-dollar bet that the company will soon collapse. Synopsis The documentary follows billionaire hedge fund titan Bill Ackman and several former Herbalife distributors after Ackman takes a billion-dollar short position in Herbalife, alleging it is a pyramid scheme destined to collapse. The film also chronicles Ackman's feuds with Herbalife CEO Michael O. Johnson and investor Carl Icahn, and the resulting controversy over both the short and Herbalife's business practices. Production In addition to filming countless hours of cinéma vérité footage tracking Bill Ackman, anti-Herbalife activist Julie Contreras and others, director Ted Braun approached Herbalife CEO Michael Johnson, majority investor Carl Icahn, and current Herbalife distributors, but all dec ...
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Nevada
Nevada ( ; ) is a U.S. state, state in the Western United States, Western region of the United States. It is bordered by Oregon to the northwest, Idaho to the northeast, California to the west, Arizona to the southeast, and Utah to the east. Nevada is the List of U.S. states and territories by area, 7th-most extensive, the List of U.S. states and territories by population, 32nd-most populous, and the List of U.S. states and territories by population density, 9th-least densely populated of the U.S. states. Nearly three-quarters of Nevada's people live in Clark County, Nevada, Clark County, which contains the Las Vegas–Paradise, NV MSA, Las Vegas–Paradise metropolitan area, including three of the state's four largest incorporated cities. Nevada's capital is Carson City, Nevada, Carson City. Las Vegas is the largest city in the state. Nevada is officially known as the "Silver State" because of the importance of silver to its history and economy. It is also known as the "Battle ...
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Financial Markets
A financial market is a market in which people trade financial securities and derivatives at low transaction costs. Some of the securities include stocks and bonds, raw materials and precious metals, which are known in the financial markets as commodities. The term "market" is sometimes used for what are more strictly ''exchanges'', organizations that facilitate the trade in financial securities, e.g., a stock exchange or commodity exchange. This may be a physical location (such as the New York Stock Exchange (NYSE), London Stock Exchange (LSE), JSE Limited (JSE), Bombay Stock Exchange (BSE) or an electronic system such as NASDAQ. Much trading of stocks takes place on an exchange; still, corporate actions (merger, spinoff) are outside an exchange, while any two companies or people, for whatever reason, may agree to sell the stock from the one to the other without using an exchange. Trading of currencies and bonds is largely on a bilateral basis, although some bonds trade o ...
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Meme Stock
A meme stock is a stock that gains popularity among retail investors through social media. The popularity of meme stocks is generally based on internet memes shared among traders, on platforms such as Reddit's r/wallstreetbets. Investors in such stocks are often young and inexperienced investors. As a result of their popularity, meme stocks often trade at prices that are above their estimated value on the basis of fundamental analysis, and are known for being extremely speculative and volatile. History Interest in meme stocks started in 2020, in what the U.S. Securities and Exchange Commission has called a "meme stock phenomenon". The stock of American video game retailer GameStop has been one of the most popular meme stocks, with mass purchases of the stock leading to the GameStop short squeeze in early 2021. The stock of entertainment company AMC is also cited as a prominent example. Other examples include the stocks of Bed, Bath & Beyond, National Beverage, and Koss. The disti ...
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