|
Wall Street Journal
The Money Kept Vanishing
By George Anders
Published: April 23, 2008
“Now Mr. Einhorn has written a book. But instead of packaging the real or contrived "secrets" to his success – as cliché would have it – he has tried to do something less triumphant and far gutsier. In Fooling Some of the People All of the Time, he turns the spotlight on a single, stubborn investment play that never made much money for him but created six years of headaches”. Read More New York Times
Wall Street, Run Amok
By Ben Stein
Published: April 27, 2008
“YOU may well be asking yourself, as I have asked myself, how on earth did the credit crisis on Wall Street become such a catastrophe? . . .
Anyone who cares about this disaster would be extremely well advised — and I’d underline ‘extremely’ as often as possible — to read a speech on the matter that was given on April 8 by a genius investor named David Einhorn at a Grant’s Interest Rate Observer event.” Read More Wall Street Journal
A New Face of Hedge Funds Isn't Shy
By Gregory Zuckerman
Published: April 28, 2008 "Mr. Einhorn is ramping up his effort to combat what he sees as deep-rooted problems undercutting the financial system: He is ripping regulators, Congress, auditors, boards of directors and investigative reporters in "Fooling Some of the People All of the Time," his new book. Mr. Einhorn, who lives in Westchester County, N.Y., has pledged profits from his book to other charities." Read More Fortune Magazine
Short's story
By Bethany McLean
Published: April 30, 2008
"But the most troubling material concerns an issue that is bigger than Allied and Einhorn's battle: It's the way criticisms of corporate behavior are received in the marketplace. Many, including the SEC, appeared inclined to shoot the messenger. " Read More BloggingStocks Blog
Book review: Fooling Some of the People All of the Time
By Zac Bissonnette
Published: May 3, 2008
"Of the 50+ business-related books I read each year, maybe 15 were worth reading, in retrospect. Then another five of those are memorable -- in a good year. Hedge fund manager David Einhorn's book Fooling Some of the People All of the Time leapfrogs both of those categories, and establishes itself as a classic of business writing." Read More Portfolio Magazine
Diary of a Short-Seller
By Jesse Eisinger
Published: May 12, 2008
"Over the next several years, Einhorn would learn firsthand what happens to people who question the accepted rules of engagement on Wall Street. His saga is part detective story, part cautionary tale, part master class in investing, and a case study in what’s wrong with regulators, Wall Street, and the financial media (including me, as I play a small role)." Read More Cheap Stocks Blog
A brief Review of David Einhorn's book: "Fooling Some of the People All of the Time"
Published: May 12, 2008
"What you will find within the pages of this book will blow you away. This is a tale of deceit, fraud, misrepresentation, cloak and dagger antics, millions and millions of wasted taxpayer dollars, and an unbelivable amount of effort expended by Einhorn and others to bring it all to light. Unfortunately a mounting pile of evidence still falls on deaf ears--far longer than you'd imagine in the post-Enron, Sarbanes Oxley world of today." Read More Circle of Competence Blog
Fooling Some of the People All of the Time
By Jeff Annello
Published: May 12, 2008
"I’d highly recommend any investor or business person pick up Fooling Some of the People All of the Time and read it cover to cover. Like any great investment idea, this story is a real no brainer. Einhorn uncovered some bad, bad things, and the people doing them were willing to spare no cost preventing the truth from surfacing. He stuck with it for years, and now the whole story is out there for anyone interested." Read More Reuters
Business Books: Hedge fund manager relates "short" story
By Joseph A. Giannone
Published: May 15, 2008
"His book hits the bookshelves at a time when a growing number of critics argue the SEC and other federal regulators over the past seven years have been too hands-off, contributing to the crises currently gripping financial markets." Read More Forbes
Einhorn Thows The Book At Allied
By Helen Coster
Published: May 16, 2008
"Einhorn uses Allied to tell a bigger story about what's wrong with Wall Street. The book reads like a laundry list of his grievances. He's snubbed on Allied conference calls and vilified as an opportunistic short-seller. He spends hours explaining the Allied story to journalists, who are either too lazy to follow up or include him in critical press about short-sellers. Regulatory agencies drag their feet, and the Justice Department refuses to intervene in his whistle-blower suit." Read More HedgeFund.Net
Books: A Long Way Down for a Short
By Paula Schaap
Published: May 20, 2008
"Yet, in his geeky, micro-finance way, Einhorn tells a good story about the kind of exacting, balance-sheet due diligence investors should hope their private money managers employ. Not to mention their Wall Street banks. " Read More Breakingviews.com
Short-sellers still aren't villains
By Richard Beales
Published: June 6, 2008
"The spat between hedge fund manager David Einhorn and Erin Callan, Lehman’s CFO, has again turned the spotlight on short sellers. Investors benefit from having negative investment views to consider as well as positive ones. Einhorn et al shouldn’t be vilified." Read More The Financial Times
Long journey down a short but winding road
By Deborah Brewster
Published: June 10, 2008
"Avoiding the ponderous prose that deadens many business books, Fooling Some of the People details his persistent and meticulous pursuit of Allied’s alleged misdoings and his efforts to bring it to the attention of regulators.
It is a welcome antidote to the thousands of books written for investors that paint a sunny picture of companies, regulators and financial markets all working efficiently and in the interests of investors. "
Read More New York Magazine
The Confidence Man
By Hugo Lindgren
Published: June 15, 2008
"The repercussions of that one speech dragged on for years, an experience that would have embittered most people, or at least have made them back off. But Einhorn kept digging at the company, ultimately finding evidence of fraud that made his initial report seem tame." Read More National Review
Not-So-Smooth Returns
By Stephen Spruiell
Published: June 19, 2008
"The experience left Einhorn convinced that somewhere along the line, securities regulators stopped doing their jobs. As his book tells it, the SEC has become accustomed to prosecuting fraud only after companies have already imploded and the money is gone; but when it discovers fraud in progress, it is hesitant to act. Einhorn theorizes that the SEC doesn’t want to be held responsible for putting companies out of business and thereby costing innocent employees and shareholders jobs and money." Read More Time Magazine
The Crusading Hedge-Fund Manager
By Justin Fox
Published: June 19, 2008
"But as Einhorn recounts in a tone of aggrieved righteousness in its pages, his greatest disappointment was with the financial media and the Securities and Exchange Commission (SEC), which instead of joining him in his crusade grilled him for conspiring to drive Allied's stock price down." Read More
|
