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Due to DNS being busted, all internal FB services/tooling that they'd use to push DNS config updates are probably completely inaccessible. Someone at FB will have to manually SSH into a production host (assuming they can even identify the right one), and issue some commands to repopulate the DNS records. They'll probably have to do this without any access to internal wikis, documentation, or code.

Keeping those poor network engineers in our thoughts.


I wonder if Robinhood is preparing for the possibility that its margin book gets blown up when GME inevitably crashes. Crashing price creates cascading margin calls and they can't liquidate their customers' positions fast enough and end up having to cover their losses, rendering them insolvent.

Sequoia, thinking that the fundamentals of the company are still solid long term and that they can wash their hands of this in an IPO in the near future, extends them a lifeline at absolutely brutal terms.


They already liquidated everything on margin yesterday without giving users any choice or warning.

It was part of what caused the drop in combination with the no buying.


RH are closing out some margin calls to decrease the risk of this happening afaik.


Did their customers all buy on margin?


I believe you can also increase your leverage.

https://learn.robinhood.com/articles/4UWpxUy5G0KNDSbcMRs6WE/...


Are you implying he's being strong armed into selling some of his shares?


Thanks! May I ask how you got this link?


Google cache:<URL>

e.g.: "cache:http://sloanreview.mit.edu/article/what-makes-work-meaningfu... (without the quotes)


Also, you can click on the little green arrow next to links on Google and click Cache to view the cached version. This "cache:" operator is pretty nifty though.


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