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News Link • Entertainment: Television (TV)

Phantom Shares Part 1- Phantom Shares Part 2


 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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