Round 7: Tossup 20

This action corresponds to the “30” in an approach called 130/30. Richard Fuld pushed for a ban on this action, which is restricted by the “uptick rule.” (15[1])The days-to-cover is also called (15[1])the namesake “interest ratio” of this action, which requires identifying a “locate.” The uncovered or “naked” form of this action is widely (15[1])prohibited because it increases (15[1])the risk of a failure (15[1])to deliver. A book titled for this action and subtitled “Inside the (*) Doomsday Machine” highlights Steve Eisman and the ex-neurologist Michael Burry, who took this action via credit default swaps. This action can leave one susceptible to a namesake “squeeze,” which happened in 2021 for those who took this strategy with GameStop. For 10 points, Michael Lewis’s book about the 2008 financial crisis is titled for what investment strategy of betting against an asset? ■END■

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Buzzes

Summary