Fooling Some of the People All of the Time
—By David Einhorn (Wiley)
In 2002, Einhorn, a hedge fund manager, gave a speech on why shares of Allied Capital, a finance company, should be sold short. It sparked a six-year battle with the firm, a Securities and Exchange Commission probe, and this book, which lobs criticism at lax regulators and shady accounting in a look at how Wall Street's least-favorite traders pick apart stocks that look too good to be true.
Bookshelf: Business Books for the Executive's Nightstand
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