Betting Against Stocks: Muddy Waters' St. Jude Short

A few hours after Carson Block announced that he was shorting St. Jude Medical stock over hacking risks to the company’s pacemakers and defibrillators, the e-mails started stacking up in Billy Rios’ and Jonathan Butts’ inboxes. The two are top medical-device cybersecurity consultants, and they were inundated with inquiries from hedge funds, short sellers and other investors trying to make sense of the news -- or profit themselves from the trade by Block’s firm, Muddy Waters Capital. Bloomberg's Jordan Robertson has more on "What'd You Miss?" (Source: Bloomberg)

Full Show: Surveillance (03/22)
07:35 - Bloomberg Surveillance hosted by Tom Keene and Francine Lacqua. Guests include Andrew Wilson, chief executive officer at Goldman Sachs Asset Management International, Mario Monti, Former Prime Minister of Italy and president at Bocconi University, and Harm Bandholz, chief U.S. economist at UniCredit SpA. (Source: Bloomberg)
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