"the sec has done nothing to change the fact that it wasnt doing its job,,,,,,,unless i am missing something?"
Hi dvdw©,
As this 20 minute September NPR piece, "Now You S.E.C. Me, Now You Don't." on naked short selling will attest, you are not missing much, if anything at all, especially when contrasted to the dumbass comments of an SEC investigator with over 20 years at the agency.
Catch It This Weekend: 'Naked Short Selling'
Copyright CXOadvisory.com. Used with permission
It sounds a tad obscene, and maybe it is. This weekend, contributing editor Alex Blumberg hits the airwaves and podcast pools of the world with a This American Life segment on "naked short selling" -- an arcane financial maneuver that would seem to make no sense.
I heard the rough mix of Alex's piece in an edit some weeks back. It's called "Now You S.E.C. Me, Now You Don't." I'm here to tell you that the segment makes loads of sense. The practice, well ...
So give it a listen, if you'd be so kind. It plays live this weekend and goes to iTunes on Monday. We're also planning to have it here next week. Let us know what you think, will ya?
Laura Conaway
3:20 PM ET 09-12-2008
npr.org
(Btw, for anyone who may be interested, there are some excellent listener comments following Laura Conaway's 'review' linked above)
The NPR segment "Now You S.E.C. Me, Now You Don't." can be quickly accessed by moving the "slider to the 35:20 mark at the abbreviated link below:
tinyurl.com |
