T+Lunchtime: Settlement, Musk, Hwang

This podcast episode explores various aspects of the financial market, including the fail rate in naked short selling, the challenges and implications of instantaneous settlement and securities lending, the evolution of the settlement process, concerns about Elon Musk's focus on Tesla, the ongoing trial of Bill Hwang, and examples of trading mistakes and trading system design. The discussions shed light on the complexities, advancements, and controversies existing in the financial industry.