Allied Capital (ALD)

David Einhorn · 2002-06
arc beats above · slides in the middle · loops below · scroll → 0 LOOPS
SETUP TENSION ANALYSIS EVIDENCE RESOLUTION APPENDIX
HOVER FOR DETAILS · CLICK A SLIDE FOR FULLSCREEN · STEP 1
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1
coverage by narrative range · generated from this deck JSON
Narrative range 27 total
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Whole deck 27 slides 100% 27/27 slides 92.6% 25/27 slides · 210 hits
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51.9% 14/27 slides
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Slide inventory

27
every slide · same image gating as the playbook
01
Slide 1
Document-style cover (research note), text-only, no charts or tables. Includes a substantial disclaimer/disclosure block at the bottom.front_matter
02
This is a classic 'short thesis' document, specifically highlighting accounting irregularities and valuation discrepancies.summarize
03
This is a continuation of a list (starts at point 5).expose_contradiction
04
This is a research note summarizing a specific investor presentation and the subsequent management response.summarize
05
This slide functions as a narrative rebuttal to management's claims, highlighting inconsistencies in their public statements and their association with Lanny Daexpose_contradiction
06
The slide highlights a potential regulatory misalignment between Allied's valuation practices and SEC requirements.cite_precedent
07
The slide contains excerpts from Allied Capital's annual report and white paper, followed by Greenlight's commentary on Allied's regulatory stance.preempt_rebuttal
08
The slide uses direct quotes from ASR 113 and a white paper to demonstrate factual inaccuracies in the latter.expose_contradiction
09
The slide uses a dialogue format to expose a contradiction between Allied's claims and SEC regulatory stance.expose_contradiction
10
Transcript of a regulatory or legal discussion regarding fair value accounting standards.cite_precedent
11
Image file not available on disk at /tmp/legacy-images/2440e3a9300a/slides/011.jpg; unable to inspect page contents.
12
The slide uses a specific case study (Velocita) to challenge management's credibility and valuation practices.expose_contradiction
13
Image file not available on disk at /tmp/legacy-images/2440e3a9300a/slides/013.jpg; unable to inspect page contents.
14
Includes footnotes 15 and 16 detailing valuation discrepancies and pari passu status.analyze_data
15
The slide uses specific examples to challenge Allied's valuation methodology.expose_contradiction
16
The slide uses a point-counterpoint structure to highlight a disagreement on accounting practices for distressed debt.expose_contradiction
17
This is a page from a research note/investor letter by Greenlight Capital regarding Allied Capital.expose_contradiction
18
This is a page from a research note/investor letter. It uses a narrative structure to build a case against Allied Capital's accounting.expose_contradiction
19
This is a text-heavy research note page detailing a dispute over accounting practices between Greenlight Capital and Allied Capital.expose_contradiction
20
The slide highlights a discrepancy between Allied's stated valuation methods and Greenlight's assessment of appropriate GAAP-compliant accounting.expose_contradiction
21
This is a page from a research note (likely a short-seller report) detailing accounting and valuation concerns.expose_contradiction
22
This is a page from a research note by Greenlight Capital regarding Allied Capital (ALD).expose_contradiction
23
This is a page from a research note by Greenlight Capital, likely part of their short thesis on Allied Capital.expose_contradiction
24
This is a page from a research note by Greenlight Capital regarding Allied Capital.expose_contradiction
25
The slide uses a narrative structure to expose a potential contradiction between the auditor's previous assurances and the company's explanation for their absenpreempt_rebuttal
26
The slide uses a direct investigation of AICPA audit guides to debunk a specific claim made by Allied's CEO and Merrill Lynch.preempt_rebuttal
27
This slide is a text-heavy research note page, likely from a short-seller report by Greenlight Capital.expose_contradiction