Given that they have never had to cover any stock and dozens, if not hundreds of pinkies claim to be naked shorted at any given time:
a) virtually every share owned in JBI would be counterfeit and tracing the origin would be impossible.
b) NSS would likely continue unabated forever, with a constantly declining price
c) If exposed, those committing the crime would like shut down and flee with their hundreds of millions in ill-gotten gains, rather than "buy in".
More reasons the NSS fairy tale is just that.
"The world is a dangerous place, not because of those who do evil, but because of those who look on and do nothing."
-- Albert Einstein