TAL producer Alex Blumberg reports on a peculiar Wall Street practice with a dirty-sounding name—naked short selling—and how one of Wall Street's main regulators, the chairman of the Securities and Exchange Commission, doesn't seem all that interested in regulating anything. (20 minutes)
Alex's story is also going to be on NPR's new Planet Money podcast...which came about after our Giant Pool of Money show, the show Alex did on the mortgage;crisis with NPR's Adam Davidson. They're doing a couple new stories a week in the spirit of that show at npr.org/money.