Fooling Some of the People All of the Time, a Long Short (And Now Complete) Story, Updated With New Epilogue (53 page)

Read Fooling Some of the People All of the Time, a Long Short (And Now Complete) Story, Updated With New Epilogue Online

Authors: David Einhorn

Tags: #General, #Investments & Securities, #Business & Economics

 

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

 

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