1 of 1 people found the following review helpful
For the dedicated only,
This review is from: Fooling Some of the People All of the Time: A Long Short (and Now Complete) Story, Updated with New Epilogue (Paperback)
I was rather misled by the blurb on the book and thought that this revised edition will wrap Einhorn's crusade against Allied Capital with a wider message about Lehman and the financial crisis. The story of Allied indeed, as the author claims, reveals a lot about modern attitudes to corporate management and failures on many levels (supervisors, media, shareholders). The problem however is that this is a very long book and the study is too detailed. I read these kinds of books for a living and I have great interest and respect for Mr Einhorn, but I lost the will to live halfway through. I would recommend this to industry insiders, but not to the general public in search of books on the crisis. I wonder, will Mr Einhorn produce another book discussing the FSA's fine? It seems the author does attract the unwelcome attention of financial regulators internationally!