Fooling Some of the People All of the Time, A Long Short (and Now Complete) Story, Updated with New Epilogue

Fooling Some of the People All of the Time, A Long Short (and Now Complete) Story, Updated with New Epilogue PDF Author: David Einhorn
Publisher: John Wiley & Sons
ISBN: 0470481544
Category : Business & Economics
Languages : en
Pages : 455

Book Description
A revealing look at Wall Street, the financial media, and financial regulators by David Einhorn, the President of Greenlight Capital Could 2008's credit crisis have been minimized or even avoided? In 2002, David Einhorn-one of the country's top investors-was asked at a charity investment conference to share his best investment advice. Short sell Allied Capital. At the time, Allied was a leader in the private financing industry. Einhorn claimed Allied was using questionable accounting practices to prop itself up. Sound familiar? At the time of the original version of Fooling Some of the People All of the Time: A Long Short Story the outcome of his advice was unknown. Now, the story is complete and we know Einhorn was right. In 2008, Einhorn advised the same conference to short sell Lehman Brothers. And had the market been more open to his warnings, yes, the market meltdown might have been avoided, or at least minimized. Details the gripping battle between Allied Capital and Einhorn's Greenlight Capital Illuminates how questionable company practices are maintained and, at times, even protected by Wall Street Describes the failings of investment banks, analysts, journalists, and government regulators Describes how many parts of the Allied Capital story were replayed in the debate over Lehman Brothers Fooling Some of the People All of the Time is an important call for effective government regulation, free speech, and fair play.

Fooling Some of the People All of the Time, A Long Short (and Now Complete) Story, Updated with New Epilogue

Fooling Some of the People All of the Time, A Long Short (and Now Complete) Story, Updated with New Epilogue PDF Author: David Einhorn
Publisher: John Wiley & Sons
ISBN: 047089329X
Category : Business & Economics
Languages : en
Pages : 455

Book Description
A revealing look at Wall Street, the financial media, and financial regulators by David Einhorn, the President of Greenlight Capital Could 2008's credit crisis have been minimized or even avoided? In 2002, David Einhorn-one of the country's top investors-was asked at a charity investment conference to share his best investment advice. Short sell Allied Capital. At the time, Allied was a leader in the private financing industry. Einhorn claimed Allied was using questionable accounting practices to prop itself up. Sound familiar? At the time of the original version of Fooling Some of the People All of the Time: A Long Short Story the outcome of his advice was unknown. Now, the story is complete and we know Einhorn was right. In 2008, Einhorn advised the same conference to short sell Lehman Brothers. And had the market been more open to his warnings, yes, the market meltdown might have been avoided, or at least minimized. Details the gripping battle between Allied Capital and Einhorn's Greenlight Capital Illuminates how questionable company practices are maintained and, at times, even protected by Wall Street Describes the failings of investment banks, analysts, journalists, and government regulators Describes how many parts of the Allied Capital story were replayed in the debate over Lehman Brothers Fooling Some of the People All of the Time is an important call for effective government regulation, free speech, and fair play.

Serving Jesus with Integrity

Serving Jesus with Integrity PDF Author: Dwight P. Baker
Publisher: William Carey Publishing
ISBN: 0878088393
Category : Religion
Languages : en
Pages : 415

Book Description
The word “ethics” carries an aura of countervailing views, overlapping claims, uncertain footing, and seductive attractions. Some issues are as clear as the horizontal versus vertical axes in Sawai Chinnawong’s striking painting, Joseph and Potiphar’s Wife, that graces the cover of this book. At the same time—because we are involved, because our interests, our inclinations, our plans and relationships are at stake—the issues that engage missionary practitioners can be frustratingly labyrinthine, curling endlessly back on themselves. Evangelical missionaries and mission agencies are concerned about personal morality—and rightly so. But as the chapters in this volume attest, evangelical mission’s ethical engagement extends far beyond simply avoiding compromising sexual situations and not absconding with the finances. How should we talk about others’ beliefs and practices to ourselves? To them? How should we represent ourselves to others? What role does tolerance for ambiguity play in missionaries’ mental preparation? How should accountability be structured in intercultural partnerships? Are there ways to enable organizational justice to flourish in mission institutions? What might integrity in short-term mission outreach look like? How does care for creation relate to mission? What role can a code of ethics for missionary practice play? Limited and fallible and marred by the fall, we need both guidance and admonition—and deep reflection on the conduct of evangelical mission such as is provided in this volume—so that we may serve Jesus with true integrity.

Fooling Some of the People All of the Time, A Long Short Story

Fooling Some of the People All of the Time, A Long Short Story PDF Author: David Einhorn
Publisher: Dekklun Cuinn
ISBN: 0470073942
Category : Business & Economics
Languages : en
Pages : 123

Book Description
"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".--Résumé de l'éditeur.

Creation Accounts in the Ancient Near East and in the Bible

Creation Accounts in the Ancient Near East and in the Bible PDF Author: Richard J. Clifford
Publisher: Wipf and Stock Publishers
ISBN: 1666786586
Category : Religion
Languages : en
Pages : 235

Book Description


The Making of a Bureaucratic Elite

The Making of a Bureaucratic Elite PDF Author: Heather Sutherland
Publisher:
ISBN:
Category : Bureaucracy
Languages : en
Pages : 214

Book Description


Hedgehogging

Hedgehogging PDF Author: Barton Biggs
Publisher: John Wiley & Sons
ISBN: 1118044819
Category : Business & Economics
Languages : en
Pages : 327

Book Description
Rare is the opportunity to chat with a legendary financial figure and hear the unvarnished truth about what really goes on behind the scenes. Hedgehogging represents just such an opportunity, allowing you to step inside the world of Wall Street with Barton Biggs as he discusses investing in general, hedge funds in particular, and how he has learned to find and profit from the best moneymaking opportunities in an eat-what-you-kill, cutthroat investment world.

The Life and Fate of the Ancient Library of Alexandria

The Life and Fate of the Ancient Library of Alexandria PDF Author: Mostafa El-Abbadi
Publisher: UNESCO
ISBN:
Category : Language Arts & Disciplines
Languages : en
Pages : 258

Book Description
A thoroughly researched study on the history of both the Museum and the Alexandria Library, showing the important role they played in the transmission of Greco-roman civilization. The tragic fate of both institutions have long been of great fascination for both writers and readers.

Quality of Earnings

Quality of Earnings PDF Author: Thornton L. O'glove
Publisher: Simon and Schuster
ISBN: 0684863758
Category : Business & Economics
Languages : en
Pages : 230

Book Description
From Simon & Schuster, Quality of Earnings is an investor's guide to how much money a company is really making. From Thornton L. O'glove, Quality of Earnings is an indispensable guide to determining how much money a company is really making and for buying and selling stocks without making costly blunders.

Confidence Game

Confidence Game PDF Author: Christine S. Richard
Publisher: John Wiley & Sons
ISBN: 9780470873304
Category : Business & Economics
Languages : en
Pages : 353

Book Description
An expose on the delusion, greed, and arrogance that led to America's credit crisis The collapse of America's credit markets in 2008 is quite possibly the biggest financial disaster in U.S. history. Confidence Game: How a Hedge Fund Manager Called Wall Street's Bluff is the story of Bill Ackman's six-year campaign to warn that the $2.5 trillion bond insurance business was a catastrophe waiting to happen. Branded a fraud by the Wall Street Journal and New York Times, and investigated by Eliot Spitzer and the Securities and Exchange Commission, Ackman later made his investors more than $1 billion when bond insurers kicked off the collapse of the credit markets. Unravels the story of the credit crisis through an engaging and human drama Draws on unprecedented access to one of Wall Street's best-known investors Shows how excessive leverage, dangerous financial models, and a blind reliance on triple-A credit ratings sent Wall Street careening toward disaster Confidence Game is a real world "Emperor's New Clothes," a tale of widespread delusion, and one dissenting voice in the era leading up to the worst financial disaster since the Great Depression.