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My biggest takeaway with Robinhood's response. Going into today there was a free market for $GME, and @RobinhoodApp was a big broker in that. They were a critical market maker in the system.
If they knew yesterday they had deposit risk and couldn't service a large portion of the market (and couldn’t offload volume to another broker), they should alert the exchange, express concerns of extreme volatility, and halt the stock.
If you know the outcome is one sided ahead of time you halt. Suppy/demand is taught to everyone and the ending price of GME was obv gonna be down. If your Mgmt, you can alert them to halt the stock, or you can succumb to revenue pressure and elect to save the company.
For many top execs, I imagine that was an easy decision as their career reputations would be on the line – halt the stock, lose big Citadel business, rev drops, IPO pulled, down round, silicon valley laughs at you…
Maybe it will still happen with user loss
Maybe it will still happen with user loss
Follow up thought - this is why they always pay for D&O insurance 
