Hedge funds and journalists team up to make an odd, unsettling pair

Last week, a new player emerged on the journalism scene with an investigative takedown of America’s largest mortgage lender. The twist: before the article went live, an affiliated hedge fund shorted that lender and invested in its top rival. Is that legal? Is that ethical? We had the same questions. Plus: Shutterstock cashes in on AI and Jamie Dimon speaks his truth. VOTE for The Hustle Newsletter in the Webby Awards! Join our hosts Ben Berkley and Rob Litterst, as they take you through our most interesting stories of the day. Follow us on social media: TikTok: https://www.tiktok.com/@thdspod  Instagram: https://www.instagram.com/thdspod/  Thank You For Listening to The Hustle Daily Show. Don’t forget to hit Subscribe or Follow us on Apple Podcasts so you never miss an episode! If you want this news delivered to your inbox, join millions of others and sign up for The Hustle Daily newsletter, here: https://thehustle.co/email/  Plus! Your engagement matters to us. If you are a fan of the show, be sure to leave us a 5-Star Review on Apple Podcasts https://podcasts.apple.com/us/podcast/the-hustle-daily-show/id1606449047 (and share your favorite episodes with your friends, clients, and colleagues).