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Why Did the CFO of 'Bed, Bath, & Beyond' Decide to Go.... Beyond?

#bedbath#homegoods#margaritaville#wallstreet#beyond
the transcript auto-captions · entered into evidence

0:00 thank you [Music] the bed and beyond CFO has gone beyond Bed and Beyond Bed Bath and Beyond did he pass away yes why'd you out there or did he go to the spirit realm Beyond this realm well I don't know aren't those two the same I don't know I didn't Gotta Die to go spoynos the headline is the Bed Bath and Beyond CFO has gone beyond ████ dead no because you ever watched that movie Click where he opens the door and he just goes to the Beyond section and it's like out of this Christopher Walken I do remember that oh that's right that world okay it's probably not where he is I thought that was Adam Sandler what hasn't gone beyond recently is unfortunately Bed Bath and Beyond's shares they are down uh 20 today oh did

0:53 they pump up like crazy yeah because it was Wall Street bets they they pumped it so yeah there was a huge Groundswell of what they call retail investors right who are excited about the price of Bed Bath and Beyond they were buying it like almost targeting it through Wall Street bets and they were driving the price up so the price got as high as like 20 something bucks and then the Bed Bath and Beyond uh shareholders started to dump it all over the ████ place right and they crashed the price all the way down um so the 20 coupons I give out that's what it is dude they give them away every week too that's why they dropped 20 and even the stocks and they figured out that the expiration date is like totally doesn't matter it doesn't matter they always seem to work have you guys bought anything from there yeah not recently what was the last thing you

1:44 bought at Bed Bath I've never left there without Nikki spending like 500 there do I love that place they buy stupid boring ████ like ████ like like you know towels and it's like like oh curtains can I say one thing about women this is gonna sound sexist hey this is a safe place don't say this to my wife all the time yeah I already agree too women love buying stuff for no reason yeah like for no ████ reason they just like they like clutter they like cluttering up the house yes buying stuff that just they just want to put stuff in the house so we've spent 550 on like towels I don't understand ████ women dude ████ stupid ass women buying all this ████ you need a new yeah hold up both of your guitars please we need two at your Spears for some reason we already have blankets at our house but we need these new blankets

2:34 because they're really soft feel how soft it's seasonal dude you know how many pillows are on our bed we have seven pillows on our bed or two people you know how many you only have seven pillows you know you know I mean my wife does he uses she uses zero she sleeps on nope is it for style why do they do this with the pillows I don't understand so what he does too is for some reason and I only know this because I'll fall asleep downstairs when I come upstairs and then I'll be laying down in bed and I'll ████ hit my knee on wood I'm like why is my knee hitting wood well it's because Nikki puts this like little cute tray it's like this cute little bamboo tray it's got like a ████ table book on it for no reason yeah and it's got like a candle here oh dude table books why why is this on the bed it's on the ████ foot of the bed so and I'm six foot four and a half what is it for look it's just do they put the tray here so she likes the candle and reads the book Vibes or something it's

3:24 all for Vibes Good Housekeeping catalog bro we have soap we have stacks of books that are not for reading they're just for looks they're just to be on top of the table and in our house we don't have like a dining table to eat so we eat in the living room on our like coffee table right and there's just so many ████ books on there I can't even fit like more than one plate yeah on the ████ table what's the book got in it it dude it's like crystals no don't the history of ████ Aviation but it's a cool it's a cool cover you know what I mean yeah yeah you don't use the book black and white with like maybe the planes colored though yeah does it also mention astrology and like yeah there's something like that you know it's just there's just so much things in our house that are not used

4:16 for what they should be used for I'm like hey I got an idea so it's been 550 on towels and blankets we already have both by the way and we get a Margaritaville which we don't have and that's and that's 500 or I think I know what we do with it yeah but God forbid we buy a Margaritaville for the house exactly God forbid we have a ████ nice little delightful Margaritaville that we can use anytime we want I remember I looked at uh Bed Bath and Beyond and I was looking for ████ to get and I just couldn't click the checkout button because I knew I could have got the same ████ at Ross that's right that's not well Marshall's Ross TJ Maxx they all have the they have really good and also Home Goods Home Goods has all the stuff that you can get at Bed Bath Home Goods that's a that's a yes I like Home Goods I think you haven't lived with the chick for long enough yet with your new chick

5:06 yeah long enough yet you don't know Hannah because she's a thrifter exactly like once her ass gets in Home Goods you're going to Home Goods every week Home Goods is bro there's a line at the ████ no she's the one that goes oh my God why are you gonna buy that I'm like it's five dollars and she goes here's the same thing for one dollar and I'm like I love you so much ████ do this he's the spender in the relationship it is that's the ████ truth you do have two guitars you don't play it was a gift God damn it so this guy he killed himself right yeah he did he jumped off just because their financials were so ████ up well he's being they're being they're being

5:56 investigated right so so um they pumped and dumped is what they're being investigated for that's what everyone believes happened because it seems like that's what happened um because this there was um there was a stakeholder um who shared fake Revenue numbers and Company plans for spinning off its Bye Bye Baby brand like b-y-b-u-y baby brand so people were like oh ████ at Bed Bath and Beyond is getting into baby space that will be good for the shares right and and they shared fake Revenue numbers as well so it's like it was like they look as a coordinated plan to artificially inflate the price of the stock that they then dumped into right yeah so is this the reason why it hyped up like The Wall Street bets group or did they just do it as like a meme again though there's both right so like it was

6:47 like this was done and then the Wall Street bets guys started to like go around it like honey right but there was definitely already a Groundswell of support from the wealthy best community because they're picking a lot of stocks over the last like you know 24 months or whatever since all that stuff started like they're picking like not just GameStop but they're picking like all these other stocks and so little groups little tribes of them would have like say Bed Bath and Beyond and then they would be trying to get people excited about it right so yeah yeah so but but there's there's an investigation now once the investigation got announced um that's what people believe made this this guy named Gustavo Arnold here's the CFO uh jumped to his death from a high-rise apartment in Manhattan you know what the um kind of the irony apart about all this is so I read somewhere where so you remember the whole Robin Hood

7:38 ████ with Wall Street beds and then like they couldn't Cash Out GameStop and then they link it all back to Citadel being the owner and the ████ culprit for all this ████ right and so Citadel caught wind and studied all this Wall Street they're a hedge fund yeah they're a hedge fund that that owned Robin Hood they're the ones that allegedly told Robin Hood to stop the ████ buy one so you know and then they had a stake in in and and they didn't want to get shorted out whatever so everyone was like let's stick it to the team to Citadel but Citadel figured this ████ out and apparently they benefited from ████ Bed Bath and Beyond's pump so Wall Street bet pumped it and made ████ money for Citadel yeah and they're trying to stick it to citizens who said that was longing it maybe Yeah Yeah ironic

8:29 no it ████ sucks yeah but that's what they do right those the money manipulators are really good at what they do like you can beat them for a while but eventually you'll figure it out yeah but they're there for a reason right because they figured it out when when a dude like this kills himself does that usually mean that he would have been arrested for something all we know is that his he left no note his wife actually saw him jump oh yeah traumatizing and and there's no like you know he didn't tell her anything about anything or like so we it's it's tough to say or tough to to just say like he knew he was guilty of something we just don't know he didn't say the SEC is up my ████ ass right yeah that happened with Enron too right didn't like somebody kill themselves to avoid but at least but in Steve Green's opinion yeah if you had to go on the whim yeah would you say he jumped because he would have probably gone to jail I think that he he

9:21 probably um he he was excited about how the price was up yeah right yeah and then he's like ████ I'm gonna put more into it yeah I think that's what happened I think he followed the pump yeah because he saw the ████ pop and he was like I I can't stay out of this he's like this is my own company sounds like something I did but you're still here I know because this stuff is stupid like why kill yourself over it that's why I feel like maybe there's some other ████ going on because there are countless numbers of dudes that ████ this happens all the time like in finance and ████ like not all the time but obviously like like there's they're just ████ they'll pay it off or whatever you don't think that guy was happy it could be his wife was nagging

10:11 the ████ she was buying too much ████ and he has nothing to do with hitting his ████ knee on the wooden thing she was just nagging that's why she saw him he's like you think for like three months maybe he's like baby we can get whatever you want you know but like after we do this a couple times if we could just maybe pick up that Margaritaville and she's like on Bed Bath and Beyond buying all this ████ hey babe can you get the Margaritaville and she's like yeah sweetheart I'll get it didn't get it okay four more times and then he checks it and it says out of stock of the Margaritaville he's like oh these other husbands get hooked up everyone's getting her for Father's day except for me he can't bear to show up at the Elks Lodge and he's like you know if we don't get the Margaritaville now they're gonna have this new model and I don't you know it's not an ice container

11:02 it's like it's not a glass container if you can't get this for me can then you at least get the singing bass on the wall like can I just get one of those he like adds to card it's like this is in 12 other people's carts just ████ buy it it says it says there's only seven remaining you have to do the math and then he jumped out yeah then he jumped yeah probably that's what happened

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