Fooling Some of the People All of the Time, a Long Short (And Now Complete) Story, Updated With New Epilogue (55 page)

Lobbying

Lokey, Houlihan

Long, Robert D.

Long-only investors

Long-Term Capital Management

Long-term shareholders

Long-term value

Loss analysis

Losses

M

Madoff, Bernie

Mason, Greg

Magnet Properties, LLC

Mail fraud

Malpractice lawsuit

Management

BLX

companies

concepts

credibility of

fees

role of

Management concept

Six Sigma

Six Sigma Black Belts

Market

Asian

bear

bull

crash

extremes

failing

manipulation

manipulation activity

value

Market values debt

McGee, Matthew

McLucas, Bill

MDC Holdings

Media

Allied Capital and

hedge funds and

Medicare, false claims involving

Mergers and acquisitions (M&A)

Merrill Lynch

Allied Capital stock offering

analysts

Mezzanine investments

Mezzanine loans

Miscreant hedge funds

Misinformation campaign

Money laundering

Monkey Business
(Rolfe and Troob)

Morgan Keegan

Morgan Stanley

Internet and

Mortgage, fraudulent transactions

Morton Grove Pharmaceuticals

Mosaic Theory
, of valuation

Motel loans

Multiyear treatment cycle

Mutual funds

trade

“Mutuals”

N

Naked shorting

defined

“Napoleon complex”

Napoli, Robert

Nasdaq

implosion of

National Association of Securities Dealers

National Marine Fisheries Service

Negative stock research

Negotiation

Net asset value (NAV).
See also
Book value

Net capital gains

Net income

Net investment

Net investment income

Net operating income (NOI)

NETtel

“New economy” stocks

New York Stock Exchange (NYSE)

The New York Times

Nguyen, Hoa

“No comment” policy

Noncash revenue

Non-performing assets

Norwesco

O

Off-balance-sheet

Office of Compliance Inspections and Examinations (OCIE)

Office of Inspector General (OIG)

Off Wall Street
(Roberts)

O’Hara, Terrence

OnSite

Operating companies

Option cancellation payment (OCP)

Oral business agreements

Orthodontic Centers of America (OCA)

Overstock

“Oversubscription” rights

P

Painter, Ed

Pair trades

Patel, Mangu

Payment-in-kind (PIK) income

Pearlstein, Steven

Perold, André

Phone records, theft of

Phycor

Piggyback loans

Pinnacle Systems

Piper Jaffray

Political action committee (PAC)

Politics

Portfolio company

Portfolios

analysis

capital in

commercial mortgage backed securities

concentrated

construction of

growth

lending accounting

losses and gains in

mark-ups and mark-downs in

performance

progress of

quality

real estate

recession and

securitized

Small Business Administration (SBA)

valuation

Portfolio valuation methodology

Positive stock research

Preferred lender providers

status

Preferred lender status, of BLX

Preferred lending program (PLP)

status

Preferred stock

Pretax profits

Pretexting

Hewlett Packard scandal

as invasion of privacy

Prices

bond

decline in

exercise

fire sale

guaranteed

stock

unguaranteed

volatility of

Price-to-earnings (P/E) multiple

Private companies

Private-equity investments

Private-equity investors

Private finance loans

Product revenue

Professional investors, list of

Profits

pretax

pro forma

reporting

Project on Government Oversight (POGO)

Property liquidation

Provident Bank

Proxy

Put agreement

disclosure of

Pyramid-scheme accounting

Q

Qui tam case against Allied Capital and BLX

R

Ralston Purina

Raptor, partnership with Enron

Real estate

portfolios

ventures

Real estate investment trust (REIT)

Recession

portfolios and

Rechler, Scott

Reckson Associates

Recurring earnings

Redox Brands

Regulatory guidelines

Reinsurance companies

Related-party fees

Reliance Acceptance

Reporting, profits

Residual interests

Resolution Trust Corporation

Retail shareholders

Returns

absolute

blended

investment

risk-adjusted

Revenue recognition policy, of Allied Capital

Revenues

noncash

product

Risk

analysis of

Risk-adjusted returns

Robertson, Julian

Rogue employees

Roll, Penni

Rural Business Service (RBS)

Rural Telephone Finance Cooperative (RTFC)

S

Sachs, Gerald

Sales

of Farmer Mac

of securities

of shares