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  "documentTitle": "Stroer SE & Co. KGaA (SAX)",
  "authorId": "51_Muddy_Waters",
  "authorName": "Carson C. Block",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2016-04-28 00:00:00",
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  "notes": "The slide uses a rhetorical analysis framework to deconstruct a corporate earnings call transcript.",
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      "text": "It should be noted that at no point in this call does a single member of the Ströer SE management team ever specifically deny a single allegation.",
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      "kind": "paragraph",
      "text": "absolutely willing to do that, yes. We have nothing to hide. And we are totally transparent and would be more than happy to answer every question and give other people also the opportunity to prove that whatever we say is 100% correct.",
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      "text": "B. (Recall Evidero, discussed infra in #3)\nMarcus Diebel – JP Morgan Chase\nHave you purchased any further assets from Media Ventures in the past and do you plan to do it again in the future?\nUdo Müller – Ströer SE\nNo. This was the only assets...",
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      "text": "Finally, the entire second part of Müller’s above response is a theme (3). Themes are not denials, but are a story designed to convince the listener that the allegations don’t make sense or could never apply to them.",
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      "text": "Müller’s declaration that “We have nothing to hide” and “we are totally transparent” are two classic convincing statements (1) and non-specific denials (2).",
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      "text": "I mean I never understand the concept where somebody who wants to find something out about you doesn't want to talk to you about it. — Udo Müller",
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