Like, maybe some failson at a hedge fund will take the fall for this and get hired in the same position somewhere else within a month, but the people who are going to get hurt the most are the poor people who come in last minute, think they're making a safe bet with their meager savings during a fucking depression, and get burned big time
There is a change that the hedge funds actually are the ones that get hurt. It looks like they did some naked short selling, since over 130% of the stock is shorted. And they might just buy out the short squeeze, buying the stocks that the retail investors hold.