Phantom Shares Part 1

In 2007, Emmy award-winning investigative reporter and broadcaster, Gary Matsumoto, received an Business Emmy nomination for his program "Phantom Shares." It was only the second time in the history of Bloomberg Television that the National Academy of Television Arts and Sciences honored the network with a nomination. A finalist for "Outstanding Investigative Reporting of a Business News Story--News Magazines and Long Form," Matsumoto's investigation examined the practice of "naked short selling"--selling stock without delivering it, in some cases, for years. Small public companies alleged that hedge funds were naked short selling in order to drive down the value of stocks for profit. Hedge fund managers said naked short selling was the a harmless and unintended consequence of poor Wall Street bookkeeping. Reported, Written, Produced and Directed by Gary Matsumoto earned the highest ratings for any BTV program ever. Anchor: Mike Schneider; News Editor: Antony Michels; Associate Producer: Mary Linnane

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News & Politics

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• Phantom Shares Part 1
• naked short selling
• phantom shares
• DTCC
• hedge funds

[bilaczenko]

@bilaczenko There is an Ex Convict named Sam E Antar with his own web site, ranting, conspiracy theories about Mr Patrick Byrne under the heading "Criminal white collar crime" This ex convict has not eared an integrity, and it's beyond this ex con's comprehension of business the difference between capital revenue turnover and profits EBITA. What Sam E Antar is doing is looking for redemption for his crimes by pointing the finger at Ceo Mr Patrck Byrne and Mr Johnson instead of getting a real job

[bilaczenko]

I wish to thank Patrick Byrne for exposing racketering being committed by major Hedge funds, a matter of social importance to the general public, For those unfamiliar of failure to deliver in naked shortselling, an analogy is likened to persons wishing to purchase a block of land to build their first home, the hedge funds or broker recieves payment for a blobk of land unknown to the buyers that their is no physical land to be had, another term used in trading is cornering the market . Onya Pat