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Rolling Stone Weighs In on Short Selling

Matt Taibbi of Rolling Stone has been writing a series of stories on the financial crisis. They have been very interesting but certainly populist.

Here is his video explaining short selling – which he states is a valid investment activity. Just copy/paste the link into your browser and the video will play. Unfortunately, its not in a format that this blog can play directly.

But, here is his video explaining Naked short selling – which is supposed to be illegal. His theory is that naked short selling is what led to the downfall of both Bear Stearns and Lehman Brothers. Again, copy/paste the link into your browser.

If you’d like to read the entire article, follow copy/paste this link into your browser:

It’s good to see in-depth journalism again, whether you agree with it or not.