Foreword xi Allied Capital Stock Price Chart xiv Who's Who xvii Introduction to This Edition xxi Introduction: The Spark of a Speech 1 Part One: A Charity Case and Greenlight Capital Chapter 1 Before Greenlight 9 Chapter 2 Getting the "Greenlight" 13 Chapter 3 Greenlight's Early Successes 23 Chapter 4 Value Investing through the Internet Bubble 33 Chapter 5 Dissecting Allied Capital 43 Part Two: Spinning So Fast Leaves Most People Dizzy Chapter 6 Allied Talks Back 55 Chapter 7 Wall Street Analysts 65 Chapter 8 The You-Have-Got-to-Be-Kidding-Me Method of Accounting 73 Chapter 9 Fact--or Maybe Not 81 Chapter 10 Business Loan Express 97 Chapter 11 Disengaging and Re-engaging 105 Chapter 12 Me or Your Lyin' Eyes? 111 Chapter 13 Debates and Manipulations 121 Chapter 14 Rewarding Shareholders 127 Chapter 15 BLX Is Worth What, Exactly? 135 Part Three: Would Somebody, Anybody, Wake Up? Chapter 16 The Government Investigates 145 Chapter 17 A Tough Morning 157 Chapter 18 A Spinner, a Scribe, and a Scholar 165 Chapter 19 Kroll Digs Deeper 171 Chapter 20 Rousing the Authorities 179 Chapter 21 A $9 Million Game of Three-Card Monte 193 Part Four: How the System Works (and Doesn't) Chapter 22 Hello, Who's There? 213 Chapter 23 Whistle-Blower 223 Chapter 24 A Naked Attack 237 Chapter 25 Another Loan Program, Another Fraud 245 Chapter 26 The Smell of Politics 255 Chapter 27 Insiders Getting the Money Out 265 Part Five: Greenlight Was Right . Carry On Chapter 28 Charges and Denials 275 Chapter 29 Charges and Admissions 283 Chapter 30 Late Innings 297 Chapter 31 The SEC Finds a Spot under the Rug 311 Chapter 32 A Garden of Weeds 319 Chapter 33 A Conviction, a Hearing, and a Dismissal 331 Chapter 34 Blind Men, Elephants, Möbius Strips, and Moral Hazards 351 Part Six: Epilogue Chapter 35 Looking Back: As the Story Continued 359 Chapter 36 The Lehman Brothers Saga 361 Chapter 37 If They Asked Me, I Could Write a Book 367 Chapter 38 Just Put Your Lips Together and Blow 377 Chapter 39 Some Final Words to and from the SEC 387 Chapter 40 The Last Word 397 Glossary 401 Acknowledgments 407 About the Author 409 Index 411.
Fooling Some of the People All of the Time, a Long Short (and Now Complete) Story, Updated with New Epilogue