Fooling Some of the People All of the Time, a Long Short (And Now Complete) Story, Updated With New David Einhorn (best classic books of all time .TXT) 📖

and

Bank regulators

Bankruptcy

of Best Products

BLX loans and

bonds and

of Boston Chicken

court

of Fairchild Industries

of Garden Ridge

of Startec

of Sweet Traditions

of Sydran Foods

Trilogy Conifer

of WorldCom

Bear market

Bear Stearns

Berkowitz, David

Bernanke, Ben

Berne, Amy

Best Products, bankruptcy of

Bill Russell Oil

audit photographs

debt

Biotech company

“Black box” funds

Blended return

Bonander, Laura

Bonds

bankruptcy and

high-yield

investment-grade

prices

purchasing

risky

Startec

Treasury

Booker, Rene

Book value

Borrowable shares

Boston Chicken

bankruptcy of

Braswell, Mark

Brawn, Darius

Brickman, Jim

Brockovich, Erin

Browne, Brooks

Bruce, Steve

Buffett, Warren

Bull market

Bush, George W.

Business and Industry Loan (B&I)

program

Business development companies (BDC)

Business Loan Center

Business Loan Express (BLX)

bankruptcy of

borrowings of

business operations

cash flow

delinquent loans

fraud at

liquidity of

loan fraud

loans originated by

management

name change to Ciena Capital

noncash revenue

origination volumes

politics and

preferred lender status of

qui tam case against

securitizations

Special Asset Group

status in January 2008

valuation comparison

valuation of

Business model

Business plan

Business-to-business (B2B) networks

Byrne, Patrick

C

Callan, Erin

Callidus

Campaign contributions

Capital

initial

in portfolios

preserving in investments

risking

structure

surplus of

Capital gains

dependency on

Capital Research and Management (CRM)

Capital structure arbitrage

Carruthers, Jim

Casey, Kathleen L.

Cash compensation

Cash flow, BLX

CBS Marketwatch.com

Center for Public Integrity

Central Intelligence Agency (CIA)

Century Business Services (CBIZ)

Chanos, Jim

Charge-offs, delay in

Chemdex

Chief valuation officer, creation of position

Ciena Capital. see Business Loan Express (BLX)

Cisco Systems

Citigroup

Class-action lawsuits

filing

Clearing system

Closed-end funds

Coca-Cola

Collateralized loan obligations (CLO)

Collateral valuations

Collateral values, inflating

Color Factory

Commercial mortgage-backed securities (CMBS)

portfolio

Commercial mortgage loans

Common stock

Community Express

Companies

insurance

investment

management

portfolio

private

Compensation

cash

costs

in-kind

senior management

stock as

CompuCredit

Computer Learning Centers (CLCX)

Concentrated portfolios

Conseco

“turnaround memos” and

Conspiracy of Fools (Eichenwald)

Conspiracy theory

Conventional loans

Conventional small business lending

Cooper Natural Resources

Corporate debt

Corporate fraud

Corporate securities

Corporate taxes

Corruption

Costs, acquisition

Counterfeit shares

Cox, Christopher

C.R. Anthony

Cramer, Jim

Credit America

Credit history

Criminal behavior

Criminal legality

Current-sale test (SEC)

impairment test versus

Current-sale valuation

D

Davies, Bettie A.

Davis, Lanny

“Dead money”

Deal, The

Debt

converting to equity

corporate

guarantees

investments

market values

securities

senior

subordinated

Velocita

Debt investments

Debtor-in-possession (DIP)

Debt-to-equity conversion

Debt-to-equity ratio

Defamation

Defaulted loans

Default rates

Delinquency reports

loans and

Delinquent loans

Demutualizations

Department of Education

Depreciated/non-accrual investments

Depreciation

Deutsche Bank

Disclosure

about BLX investigation

fair

of put agreement

Dishonesty, establishing pattern of

Disinformation campaign

Disqualified loans

Disraeli, Benjamin

Dividend company

Dividend growth model

Dividends

decreasing

stock

Dodd, Robert

Donaldson, Bill

Donaldson, Lufkin & Jenrette (DLJ)

Duff & Phelps

Duncan, Garry

Dunlap, Al

E

Earnings

per share

recurring

taxable

Earnings before interest, taxes, and

management fees (EBITM)

Earnings before interest, taxes, depreciation, and amortization (EBITDA)

Eastbourne Capital

Ebbers, Bernie

Economy stocks

Eichenwald, Kurt

Einhorn, Cheryl Strauss

Eisinger, Jesse

Elán

fraud at

Elliot, Faye

Embezzlement

EMCOR

Employees

ethics and

stock options

Endicott Partners

Enron

Allied Capital resembling

management

Raptor partnership and

Enterprise values

Environmental Protection Agency (EPA)

Environmental violations

Equity

injections

investments

offerings by Allied Capital

Equity-kicker marks

Ethics

employees and

Executive Greetings

debt and equity investments

Exercise price

Expenses, back-loading of

F

Fairchild Industries

bankruptcy of

debt and equity investments

Fair disclosure (FD)

Fair-valuation methods

Fair value

determining

Fair-value accounting

SEC and

False Claims Act

Farm Credit Auditors’

Farmer Mac, sales of

Farmhouse Equity Research

Fastow, Andy

Federal Deposit Insurance Corporation (FDIC)

Federal Trade Commission

Fees

management

related-party

Felker, Charles

Ferguson, Jock

Financial crisis

Fire-sale accounting

“Fire sale” prices

Fire-sales of assets

Food and Drug Administration (FDA)

Fooling Some of the People (Einhorn), hardcover publication of

Forbes

Foreclosure

Forensic detectives

Fox, Chris

Franchises

Fraud

accounting

Allied Capital and

at BLX

cleaning up after

combating

corporate

at Elan

gas station

government-related

insiders and

Internet bubble and

loan

mail

mortgage transactions

securities

shrimp-boat

stock research and

underwriting practices and

WorldCom

Fraudulent loans

origination of

Freedom of Information Act (FOIA)

Friedman, Billings & Ramsey

Frontline Capital Group

Full Disclosure Coalition

Fundraising, Kerry and

Funds

“black box”

closed-end

hedge

mutual

Tiger Fund

venture

G

Gain-on-sale accounting

assumptions about

Gains

capital

net capital

Galaxy American Communications Inc. (GAC)

debt and equity investments

Garden Ridge

bankruptcy of

debt and equity investments

financial statements

Gas station frauds

Geaney, Donal

General Accountability Office (GAO)

SBA lender oversight and

General Electric (GE)

Generally accepted principles (GAAP)

Gladstone, David

Gladstone Capital

Gohlke, Gene A.

Goldman Sachs

Gotham Partners

Government

accounting procedures

investigations into BLX

Government Accountability Office (GAO) report

Government Account Office (GAO) report

Government-Business Forum on Small Business Capital Formation (SEC)

Government officials and regulators, list of

Government-related fraud

Grade 4 loans

Gradient Analytics

Gray, David R.

Greenberg, Herb

Greenlight and advisors, list of

Greenlight Capital

Allied Capital and

early successes of

employees

initial business plan for

investment and

Lehman Brothers and

origin of

qui tam case against Allied Capital and BLX

relationship with Gotham

SEC investigation of

shrimp boat case

Growth model, dividend

Growth rate

Growth stocks

Guaranteed prices

Gutkin, Bruce

H

Harrigan, George

Harrington, Pat

Harris, Glenn

Harvard Business School

HealthSouth

Hedge funds

industry

media and

miscreant

regulation of

Hewlett Packard, pretexting

scandal

High-yield bonds

High-yielding stocks

Hohimer, Keith

Hold-to-maturity accounting

House Committee on Energy and Commerce

House Small Business Committee

Howard Johnson Express Inn

Hurricane Katrina, loans after

I

IBM Global Services

Impairment test

current-sale test versus

Income

interest

net

net investment

net operating

payment-in-kind (PIK)

quarterly net investment

taxable

Income taxes

Indefensible valuations

Index hedge

Initial capital

Initial public offering (IPO)

In-kind compensation

Insider buying

Insider options, value of

Insiders

fraud and

Insider sales

Insider trading

Insurance companies demutualizations

“mutuals”

Interest income

Interest rates

inflated

short-term

Internet bubble

launch of

value investing and

Investigative journalism, role of

Investment

appreciated

companies

debt

depreciated/non-accrual

equity

losses

mezzanine

net

performance

preserving capital in

private-equity

program

return

revalue

write-downs

Investment Company Act

Investment-grade bonds

Investors

“absolute-return”

analysis of market by

long-only

private-equity

value

Ira Sohn conference

J

Jaffray, Piper

Jenkins Jr., Holman W.

Jennings, Alexandra

Johnson & Johnson

John Wiley & Sons

Journalists, list of

Junior loan

Justice Department

K

Kantrow, Yvette

Kerry, John

fundraising and

Keswin, Jeff

Keynes, John Maynard

Kilroy, Kelly

Kinsey, Walter

Knight, Jerry

Kozlowski, Dennis

Kroll

gas station and motel frauds and

investigation of

Kudlow, Larry

Kupperbusch, Kevin

L

Lawsuits

class-action

malpractice

whistle-blower

Lay, Ken

Lehman Brothers

Lender oversight, rules for

Lending

conventional small business

programs, SBA

regulations, of SBA

Liberty Mutual

Licensing

Limited Partnership Interests

Lin, James

Liquidation

net value

property

Liquidity

of BLX

crisis

Litigation

Loan-parking arrangement

Loans

by Allied Capital Lending

Business and Industry

carrying

commercial mortgage

conventional

defaulted

delinquency reports and

delinquent

disqualified

fraudulent

Grade

after Hurricane Katrina

junior

mezzanine

motel

origination

performance

piggyback

private finance

purchasing the guarantee

rejected

risky

Small Business Administration (SBA)

subordinated

substandard

write-downs on

Loan sharks

Lobbying

Lokey, Houlihan

Long, Robert D.

Long-only investors

Long-Term Capital Management

Long-term shareholders

Long-term value

Loss analysis

Losses

M

Madoff, Bernie

Mason, Greg

Magnet Properties, LLC

Mail fraud

Malpractice lawsuit

Management

BLX

companies

concepts

credibility of

fees

role of

Management concept

Six Sigma

Six Sigma Black Belts

Market

Asian

bear

bull

crash

extremes

failing

manipulation

manipulation activity

value

Market values debt

McGee, Matthew

McLucas, Bill

MDC Holdings

Media

Allied Capital and

hedge funds and

Medicare, false claims involving

Mergers and acquisitions (M&A)

Merrill Lynch

Allied Capital stock offering

analysts

Mezzanine investments

Mezzanine loans

Miscreant hedge funds

Misinformation campaign

Money laundering

Monkey Business (Rolfe and Troob)

Morgan Keegan

Morgan Stanley

Internet and

Mortgage, fraudulent transactions

Morton Grove Pharmaceuticals

Mosaic Theory, of valuation

Motel loans

Multiyear treatment cycle

Mutual funds

trade

“Mutuals”

N

Naked shorting

defined

“Napoleon complex”

Napoli, Robert

Nasdaq

implosion of

National Association of Securities Dealers

National Marine Fisheries Service

Negative stock research

Negotiation

Net asset value (NAV). See also Book value

Net capital gains

Net income

Net investment

Net investment income

Net operating income (NOI)

NETtel

“New economy” stocks

New York Stock Exchange (NYSE)

The New York Times

Nguyen, Hoa

“No comment” policy

Noncash revenue

Non-performing assets

Norwesco

O

Off-balance-sheet

Office of Compliance Inspections and Examinations (OCIE)

Office of Inspector General (OIG)

Off Wall Street (Roberts)

O’Hara, Terrence

OnSite

Operating companies

Option cancellation payment (OCP)

Oral business agreements

Orthodontic Centers of America (OCA)

Overstock

“Oversubscription” rights

P

Painter, Ed

Pair trades

Patel, Mangu

Payment-in-kind (PIK) income

Pearlstein, Steven

Perold, André

Phone records, theft of

Phycor

Piggyback loans

Pinnacle Systems

Piper Jaffray

Political action committee (PAC)

Politics

Portfolio company

Portfolios

analysis

capital in

commercial mortgage backed securities

concentrated

construction of

growth

lending accounting

losses and gains in

mark-ups and mark-downs in

performance

progress of

quality

real estate

recession and

securitized

Small Business Administration (SBA)

valuation

Portfolio valuation methodology

Positive stock research

Preferred lender providers

status

Preferred lender status, of BLX

Preferred lending program (PLP)

status

Preferred stock

Pretax profits

Pretexting

Hewlett Packard scandal

as invasion of privacy

Prices

bond

decline in

exercise

fire sale

guaranteed

stock

unguaranteed

volatility of

Price-to-earnings (P/E) multiple

Private companies

Private-equity investments

Private-equity investors

Private finance loans

Product revenue

Professional investors, list of

Profits

pretax

pro forma

reporting

Project on Government Oversight (POGO)

Property liquidation

Provident Bank

Proxy

Put agreement

disclosure of

Pyramid-scheme accounting

Q

Qui tam case against Allied Capital and BLX

R

Ralston Purina

Raptor, partnership with Enron

Real estate

portfolios

ventures

Real estate investment trust (REIT)

Recession

portfolios and

Rechler, Scott

Reckson Associates

Recurring earnings

Redox Brands

Regulatory guidelines

Reinsurance companies

Related-party fees

Reliance Acceptance

Reporting, profits

Residual interests

Resolution Trust Corporation

Retail shareholders

Returns

absolute

blended

investment

risk-adjusted

Revenue recognition policy, of Allied Capital

Revenues

noncash

product

Risk

analysis of

Risk-adjusted returns

Robertson, Julian

Rogue employees

Roll, Penni

Rural Business Service (RBS)

Rural Telephone Finance Cooperative (RTFC)

S

Sachs, Gerald

Sales

of Farmer Mac

of securities

of shares

Samsonite

collapse of

Sarbanes-Oxley Act

Savings-and-loan crisis

SBA. see Small Business Administration (SBA)

SBAExpress

Scheidt, Doug

Scrushy, Richard

Seabrooks, Robert

Securities

corporate

debt

depressed

fraud

offering

sales of

Securities and Exchange Commission (SEC)

accounting rules

Allied Capital investigation

as civil regulatory agency

current-sale test

Enforcement division

fair-value accounting and

filings

Greenlight Capital investigation

investigation by

short selling ban

testimony at

Securities Exchange Act

Securitizations

Securitized portfolios

Security analysis

Seeking Alpha

Seitel

Senior debt

September 11, 2001 terrorist attacks

Sham company

Share-clearing system

Shareholders

CRM as Allied’s largest

long-term

long-term capital gains and

retail

rewarding

tax shield for

Shares

borrowable

cost per

counterfeit

sale of

Short-sellers

author as

borrowing stock

profit-motivated

SEC and

Shrimp-boat loans

SBA and

Siegler, Collery & Company (SC)

Sirrom Capital

analysis of

success of

Six Sigma, management concept

Six Sigma Black Belts, management concept

Small Business Act

Small Business Administration (SBA)

BLX and

criticism of

defrauding of

lending programs

lending regulations

Loan Programs Division

loans

loss claims

policy of

portfolio

“pushback”

qui tam case against Allied Capital and BLX

shrimp-boat loans and

standard for valuation

standard operating procedures of

Small business investment company (SBIC)

Small Business Investment Incentive Act

Snowe, Olympia

Sohn conference

S&P 500

Sparrow, Suzanne

Spear, Leeds & Kellogg (SLK)

Special-purpose entities

Spillover distribution

Spin-offs

defined

Spitzer, Eliot

Startec bonds and

Startec Global