Short Stories: The CEO
What’s it like to be on the wrong side of a big short?
Business Daily · BBC World Service
October 23, 202318m 18s
Audio is streamed directly from the publisher (open.live.bbc.co.uk) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
What’s it like to be on the wrong side of a big short? Former CEO Paul Pittman's company was shorted by an anonymous short seller who made false allegations in order to drive its share price down - way down.
This is the story of how Paul and his firm overcame the short attack that cost them millions: and why it’s not just big companies that stand to lose money from rogue shorters on the markets.
Producer: Ciaran Tracey Presenter: Leanna Byrne