Fooling some of the people all of the time

a long short (and now complete) story

[Pbk. ed.].
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Last edited by ImportBot
February 23, 2021 | History

Fooling some of the people all of the time

a long short (and now complete) story

[Pbk. ed.].
  • 6 Want to read
  • 2 Have read

How far will some unscrupulous companies go to keep the truth about their dealings from the American investor? Farther than the eye can see, according to this account by Einhorn, the founder of Greenlight Capital, a long-short value-oriented hedge fund. Einhorn's firm has achieved greater than a 25 percent annualized net return for its investors since 1996, proof that Einhorn can literally put his money where his mouth is. At a charity investment conference he did just that, and told the world he had become alarmed by the practices of Allied Capital and had sold it short. The result was near-chaos for Allied, but its minions retaliated through powerful connections in Washington, resulting in Einhorn being investigated by the SEC. In the meantime, Allied continues on, making Einhorn the target of its anger.

Publish Date
Publisher
Wiley
Language
English
Pages
426

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Previews available in: English

Edition Availability
Cover of: Fooling some of the people all of the time
Fooling some of the people all of the time: a long short (and now complete) story
2011, Wiley
in English - [Pbk. ed.].

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Book Details


Table of Contents

A charity case and Greenlight Capital
Before Greenlight
Getting the "Greenlight"
Greenlight's early success
Value investing through the internet bubble
Dissecting Allied Capital
Spinning so fast leaves most people dizzy
Allied talks back
Wall Street analysts
The you-have-got-to-be-kidding-me method of accounting
Fact, or maybe not
Business loan express
Disengaging and re-engaging
Me or your lyin' eyes?
Debates and manipulations
Rewarding shareholders
BLX is worth what, exactly?
Would somebody, anybody, wake up?
The government investigates
A tough morning
A spinner, a scribe, and a scholar
Kroll digs deeper
Rousing the authorities
A $9 million game of Three-card Monte
How the system works (and doesn't)
Hello, who's there?
Whistle-blower
A naked attack
Another loan program, another fraud
The smell of politics
Insiders getting the money out
Greenlight was right ... carry on
Charges and denials
Charges and admissions
Late innings
The SEC finds a spot under the rug
A garden of weeds
A conviction, a hearing, and a dismissal
Blind men, elephants, Möbius strips, and moral hazards
Epilogue
Looking back: as the story continued
The Lehman Brothers saga
If they asked me, I could write a book
Just put your lips together and blow
Some final words to and from the SEC
The last word.

Edition Notes

Includes index.

"Updated with a new epilogue"--Cover.

Previous edition: 2008.

Published in
Hoboken, NJ

Classifications

Dewey Decimal Class
332.64524
Library of Congress
HG3729.U5 E44 2011, HG4530

The Physical Object

Pagination
xxi, 426 p.
Number of pages
426

ID Numbers

Open Library
OL27158040M
Internet Archive
foolingsomeofpeo0000einh_k1j6
ISBN 10
0470481544
ISBN 13
9780470481547
OCLC/WorldCat
436264341

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February 23, 2021 Edited by ImportBot import existing book
August 1, 2020 Edited by ImportBot import existing book
July 18, 2019 Created by MARC Bot import new book