Fooling some of the people all of the time A long short story

David Einhorn

Book - 2008

In 2002, Einhorn spoke publicly about Allied Capital-- a leader in the private finance industry-- presenting it as an excellent short opportunity. Einhorn describes the incredible events that followed his speech and how Allied and the investment community attacked him to protect the company-- and its stock price. Informative and intriguing, "Fooling Some of the People All of the Time" details how the current environment on Wall Street-- and the world of hedge funds in particular-- not only allows for such behavior, but how it protects the companies and attacks those who attempt to uncover them.--From publisher's description.

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Subjects
Published
Hoboken, N.J. : J. Wiley [2008]
Language
English
Main Author
David Einhorn (-)
Item Description
"All of the time" is printed upside down and backwards on the cover.
Physical Description
xx, 379 pages : illustrations ; 24 cm
Bibliography
Includes index.
ISBN
9780470073940
  • Foreword
  • Acknowledgments
  • Allied Capital Stock Price Chart
  • Who's Who
  • Introduction: The Spark of a Speech
  • Part 1. A Charity Case and Greenlight Capital
  • Chapter 1. Before Greenlight
  • Chapter 2. Getting the "Greenlight"
  • Chapter 3. Greenlight's Early Success
  • Chapter 4. Value Investing through the Internet Bubble
  • Chapter 5. Dissecting Allied Capital
  • Part 2. Spinning So Fast Leaves Most People Dizzy
  • Chapter 6. Allied Talks Back
  • Chapter 7. Wall Street Analysts
  • Chapter 8. The You-Have-Got-to-Be-Kidding-Me Method of Accounting
  • Chapter 9. Fact-Or Maybe Not
  • Chapter 10. Business Loan Express
  • Chapter 11. Disengaging and Re-engaging
  • Chapter 12. Me or Your Lyin' Eyes?
  • Chapter 13. Debates and Manipulations
  • Chapter 14. Rewarding Shareholders
  • Chapter 15. BLX Is Worth What, Exactly?
  • Part 3. Would Somebody, Anybody, Wake Up?
  • Chapter 16. The Government Investigates
  • Chapter 17. A Tough Morning
  • Chapter 18. A Spinner, a Scribe, and a Scholar
  • Chapter 19. Kroll Digs Deeper
  • Chapter 20. Rousing the Authorities
  • Chapter 21. A $9 Million Game of Three-Card Monte
  • Part 4. How the System Works (and Doesn't)
  • Chapter 22. Hello, Who's There?
  • Chapter 23. Whistle-Blower
  • Chapter 24. A Naked Attack
  • Chapter 25. Another Loan Program, Another Fraud
  • Chapter 26. The Smell of Politics
  • Chapter 27. Insiders Getting the Money Out
  • Part 5. Greenlight Was Right ... Carry On
  • Chapter 28. Charges and Denials
  • Chapter 29. Charges and Admissions
  • Chapter 30. Late Innings
  • Chapter 31. The SEC Finds a Spot under the Rug
  • Chapter 32. A Garden of Weeds
  • Chapter 33. A Conviction, a Hearing, and a Dismissal
  • Chapter 34. Blind Men, Elephants, Mobius Strips, and Moral Hazards
  • Glossary
  • About the Author
  • Index