Fooling some of the people all of the time

By David Einhorn

Subjects: Capital investments, New york stock exchange, Small business investment companies, Management, Allied Capital, Allied Capital -- Accounting -- Evaluation, Evaluation, Securities fraud, Allied Capital -- Management -- Evaluation, Small business investment companies -- United States -- Management -- Evaluation, Accounting

Description: On May 2002 the author, a hedge-fund manager, gave a speech at a charity event about a seemingly corrupt and unorthodox business development company called Allied Capital being shorted by the fund. The speech launches an ongoing battle between the fund and the company to determine who has the most accurate view of Allied's business. This book provides the hedge fund's side of the story.