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The Last Time We Did This - Ep. 15
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The Last Time We Did This - Ep. 15

We’ve democratized access, again… but have we democratized understanding?

Key Takeaways

• The bucket shop wasn’t a quirky old brokerage — it was a predatory shadow market.

Lex and Bianca reveal that customers never owned stock at all: “Your order goes in the bucket… the shop was a casino.”

• Extreme leverage and fake “democratization” created systemic fragility.

Bucket shops let people trade on margins as low as 1%, but “you are …

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