Is Wall Street "rigged" against retail investors?
"In his No-Huddle Offense segment, Cramer finally answered the question, is Wall Street rigged against the little guy? Cramer said "rigged" is the wrong word to describe Wall Street. "Risky" is a better word. The old adage "caveat emptor" or "buyer beware" has always applied to investing. The fact is, those people who have knowledge have an advantage over those who do not," TheStreet's Scott Rutt wrote in his Mad Money recap.
"That's why only those who truly understand how a special purpose acquisition company (SPAC) can perform a reverse merger to bring a speculative electric vehicle startup with no products or earnings to market should be investing in these deals. For everyone else, it's risky," he continued.
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