Confidence Game - Christine Richard [162]
Jay Brown presentation, Dec. 10, 2002.
William Ackman, e-mail to John Rutherfurd, chairman and chief executive officer of Moody’s Investors Service, Dec. 11, 2002.
Charlie Munger lecture, “The Psychology of Human Misjudgment,” Harvard University, Cambridge, Massachusetts, June 1995. Transcription by Whitney Tilson, Tilson Funds, New York.
Vinay Saqi and Alice Schroeder, “Gotham’s Concerns—Warranted or Not?” Morgan Stanley, Dec. 16, 2002.
MBIA Inc. White Paper, “MBIA’s Insured CDO Portfolio,” December 2002.
Gretchen Morgenson, “It Still Pays to See Who Did the Research,” New York Times, Dec. 22, 2002.
Examination of Whitney Tilson, Gotham Partners Investigation, New York Attorney General’s Office, 120 Broadway, New York City, July 29, 2003.
William Ackman and David Berkowitz, letter to Gotham Partners, Dec. 27, 2002.
Alice Schroeder, e-mail to Whitney Tilson, Dec. 27, 2002. (Included in Gotham Partners’ submission to the New York Attorney General’s Office, Feb. 27, 2003.)
Michael Neumann, deposition, Gotham Partners Investigation, New York Attorney General’s Office, New York City, July 10, 2003.
CHAPTER 4 BACKLASH
Alice Schroeder e-mail to William Ackman, Jan. 8, 2003.
William Ackman, e-mail to Gotham Credit Partners, Dec. 30, 2002. 10:12 p.m.
Christine Richard, “Egan-Jones Cuts MBIA to A+, Insurer Unit ‘Not AAA,’ ” Dow Jones Newswires, Dec. 20, 2002.
Continued Examination of William A. Ackman, New York Attorney General’s Office, 120 Broadway, New York City. March 4, 2003.
David Klafter, e-mail to William Ackman, David Berkowitz, and Aaron Marcu, “Subject: Disclaimer,” Jan. 2, 2003.
Henny Sender and Gregory Zuckerman, “Gotham Is Snared by Sand Trap: Problems Rise for Maverick Fund as Major Golf Investment Sours and Spooked Investors Decamp,” Wall Street Journal, Jan. 8, 2003.
Alice Schroeder e-mail to William Ackman, Jan. 8, 2003.
Svea Herbst-Bayliss, “New York Regulator Eyes Gotham Partners’ Activity,” Reuters, Jan. 8, 2003.
Whitney Tilson, e-mail to William Ackman, “Subject: Go Public,” Jan. 9, 2003.
Aaron Marcu, e-mail to William Ackman, “Subject: Go Public,” Jan. 9, 2003.
Examination of David Berkowitz, Gotham Partners Investigation, New York Attorney General’s Office, 120 Broadway, New York City, June 26, 2003.
Gretchen Morgenson and Geraldine Fabrikant, “A Rescue Ploy Now Haunts a Hedge Fund That Had It All,” New York Times, Jan. 18, 2003, Money and Business section, p. 1.
David Einhorn, Fooling Some of the People All of the Time (Hoboken, New Jersey: John Wiley & Sons, 2008), pp. 147-148.
Randall Smith and Henny Sender, “Regulators Review Complaints About Hedge Funds’ Research; Companies with Beaten Stocks Say That Funds’ Negativity Is to Blame,” Wall Street Journal, Jan. 22, 2003.
Henny Sender, “Hedge Funds: Reward & Risk; Behind an Attack on Farmer Mac,” Wall Street Journal, Apr. 11, 2003, p. C1.
Andy Brimmer (Joele Frank Wilkinson Brimmer), e-mail to William Ackman, Feb. 21, 2003.
CHAPTER 5 THE WORST THAT COULD HAPPEN
MBIA Inc. 2000 Annual Report, Q&A with MBIA President Gary Dunton.
Moody’s Aaa rating definition. http://moodys.com.
Matthew Hanson, “Rating Agencies: ‘Matrix’ Fitch’s New Way to Gauge Insurers’ Capital Clearance,” The Bond Buyer, Jan. 11, 2007, p. 7.
Frank L. Raiter, testimony before House Committee on Oversight and Government Reform, “Credit Rating Agencies and the Financial Crisis,” Oct. 22, 2008.
MBIA investor meeting, Fair Disclosure transcript, Mar. 13, 2003.
MBIA Inc. White Paper. “MBIA’s Insured CDO Portfolio,” December 2002.
Joshua Shanker, Blaylock & Partners LP, “Insurance: Financial Guaranty: Seeing Through the CDOs,” Jan. 7, 2003.
Examination of Boaz Weinstein, Gotham Partners Investigation, New York Attorney General’s Office, 120 Broadway, New York City, June 6, 2003.
Scott Patterson and Serena Ng, “Deutsche Bank Fallen Trader Left Behind $1.8 Billion Hole,” Wall Street Journal, Feb. 6, 2009, p. A1.
Weinstein examination, June 6, 2003.
MBIA fourth quarter 2002 earnings