Index

A anti-money-laundering (AML), 5, 194, Aalen, Niels, 126 198, 201 ABC Learning Centres, 172 antitrust, 124, 125, 184 Aberdeen , 186 ANZ, 174 ABN AMRO, 181, 199, 206 Aon, 199 ABP, 63 Apollo Management, 283 Abu Dhabi, 66 Apple, 24, 125 Abu Dhabi Commercial , 202 ArcelorMittal, 162 Accounting and Auditing Organization Arculli, Ronald, xxviii for Islamic Financial Institutions Arthur Andersen, xxvii (AAOIFI), 65, 66 Arvedlund, Erin, 197 accumulator, 144 Asean Corporate Governance Fund, 63 activist, xxi, xlii, 42, 63, 136, 160, 177, 186 Asean Syariah Corporate Governance Aderans, 178 Fund, 63 adidas-Salomon, 74 Ashton, Guy, 70 Ahold, xxvii, 159 Asia Risk, 144, 191, 192 AIG, xxiii, 167 Asia Standard Hotel Group, 30 Airbus, 175 Asia Technicals, 236 Alcan, 55 Asiamoney, 68, 90, 160, 227 Alcatel-Lucent, 51 Asian Corporate Governance Association Allen, Woody, 95, 196 (ACGA), 186 Alliance Data Systems, 86, 135 asset-backed securities, 17, 156 Allied Capital, 135 Aston Martin Lagonda, 66 Altedia, 63 auction-rate securities, xxiii, 139, 140, 206, Altria, 67 216, 217 Aluminum Corp. of China (Chinalco), Australia, xxiii, xxix, 142, 146, 172, 173, 174, 158, 184, 185 202, 254 Amazon.com, 132, 133 Australian, 158 Ambac, xxiii Australian, 184, 185, 189, 272 American Banker, 199 Australian Broadcasting Corporation American Capital Strategies, 206 (ABC), 172, 202 American Criminal Law Review, 215 Australian Foreign Investment Review American InternationalCOPYRIGHTED Group Board,MATERIAL 189 (AIG), xxiii, 167 Australian Securities and American Society of Clinical Oncology Investments Commission (ASIC), (ASCO), 76, 77, 79 4, 172, 226 America’s Prophet, 198 Australian Securities Exchange analyst certifi cation, see Regulation (ASX), 172 Analyst Certifi cation Authers, John, 69, 154 analyst surveys, 67–71, 242 authors, 26, 58, 94, 103, 142 Anderson, Jenny, 84 Autorité des Marchés Financiers, 175 , 84, 85, 86, 117, 135 Axesstel, 206 Anheuser-Busch, 55 Axsys Technologies, 206

287

bbindex.inddindex.indd 287287 77/2/10/2/10 7:32:127:32:12 AAMM 288 Index

B Blodget, Henry, xxxvii, 69, 90, 132, 133, 212, BAE Systems, xxxvi, 153, 187, 207 213, 214, 215, 217, 257 Bajaj, Vikas, 127 blogs, 89, 116 Banca Italease, 38 bloggers, xix, xxxvi, xxxviii, 21, 22, 23, Bangkok Post, 21 25, 31, 43, 77 Bangladesh, 199, 283 Bloomberg, xxiv, xxxvi, xliii, 17, 25, 46, Bank of America, xxiii, xxxvi, xlii, 37, 47, 53, 57, 69, 70, 71, 79, 80, 88, 89, 92, 82, 162, 168, 169, 266 107, 125, 131, 136, 153, 155, 190, 200, Banc of America Securities, 36, 37, 259 207, 208, 215, 240, 246, 279, 283 Bank of China, 144, 166, 206, 285 Blount Parrish, 17 Bank of Communications, 206 Body Shop, The, 17, 44, 49 Bank of East Asia, 87, 176, 195, 206 Bolivia, 188 Bank of New York, 199 Bolton, Anthony, 8, 70, 243 BankAtlantic, 137, 138 Bombay Stock Exchange, 65 Bankers Trust New York Corp., 82 Bond Market Association, 14, 115 Bapepam, 175, 176 bonds, xix, xxiii, xxvii, xxxii, 2, 8, 12–13, Barclays, xxiii, 12, 13, 82, 85, 162, 164, 169, 14, 15, 45, 56, 57, 65–66, 104, 143, 144, 173, 236 203, 211, 215, 216, 246, 247, 272 Baring Securities bounty, 46, 54 Barings, xxvii, 101, 157, 191, 192, 266 boxclever, 156 ING Barings, 101, 266 BP, 164 Barr Pharmaceuticals, 153 Bradford & Bingley, xxiv Barron’s, 241, 246 brand, 151, 152–153, 162, 163–164 Baruch, Bernard, 84 bribery, 17, 185, 198, 199–201, 207, 208, 235 Basel Committee on Banking bribes, 234 Supervision, 198 Bridgewater, 202, 246, 247 Batchelor, Roy, 105 Brigham Exploration, 206 Batty, Richard, 105, 131 Bristol-Myers Squibb, 74 Bayer, 153, 163, 164 British Biotech, 75 Bayliss, Paul, 203, 208 British Energy, 187 BBC, xlii Broughton, Philip Delves, 92 BCCI, xxvii Brown, Gordon, xxv, xxix, xxxii, 167 Bear Stearns, xxii, xxv, xxviii, xxxiv, Browning, Candace, 69 xxxix, 19, 53, 71, 84, 85, 87, 135, 137, Brunswick Group, 55 145, 153, 212, 214, 215, 285 BT Pension Scheme, 63 Beconwood Securities, 174 Buitoni Pesto Basilico, 275 behavioral fi nance, 105, 106, 130 Bull-Dog Sauce, 177 Beijing Shoufang Investment Consulting, 24, 32 bullets, key points and executive Belarus, xxv summaries, 267 BellSouth, 145 Bullshit Bingo, 274–276 Bernard L. Madoff Investment Burrough, Bryan, 87 Securities, see Madoff, Bernard Burton, John, 174 Bernard, Paul, 227 Business Ethics Leadership Bernstein, Sanford, 220 Alliance, 166 Betts, Paul, 179 BusinessWeek, 74 Beximco Pharmaceuticals, 66 buy-side, xix, xxxi, xxxiii, xxxvii, xxxviii, BHP Billiton, 98, 158, 185 xl, 5, 9, 12, 16, 58, 70, 73, 134, 157, 194, Big Brother Leader 777, 21, 22, 31 210, 211, 230, 242, 244 Biggs, Barton, 104 Buy Side Risk Managers Forum, 194 Biovail, 239, 240, 241 Black, Keith, 19 C Black–Scholes, 146 Cadbury, 164 Black Swan, xxxii, 146, 154 Cadence Design Systems, 237 BlackBerry, 45 Caisse d’Epargne, 195 Blackstone, 86 Calamari, Andrew, 241 Blair, Tony, 187 California Public Employees’ Retirement Blankfein, Lloyd, 228 System (CalPERS), 63, 186, 202 blasphemy, 280 Cambodia, 188

bbindex.inddindex.indd 288288 77/2/10/2/10 7:32:137:32:13 AMAM Index 289

Canada, 4, 92, 197, 206, 232, 232 145, 162, 166, 168, 169, 179, 201, 206, Canadian, 4, 198, 239, 241 212, 223, 226, 227, 239, 257 Authority of Saudi Arabia citizen-journalism, 22, 24 (CMA), 18 citizen journalists, 23 Capital Market Risk Advisors, 194 Clarke, Arthur C., 283 Carphone Warehouse, 172 class action, 143, 174, 190, 207, 213 Casablanca, 93 Clement, Michael, 235 Cass Business School, 105 CLSA, 68, 90, 160 Cazenove, see J.P. Morgan CNBC, 23, 84 Centura , 228 CNN, 24 Chamber of Hong Kong Listed CNOOC, 50, 185 Companies, 165 Coalition Provisional Authority, 208 channel-stuffi ng, 123–124 co-authorship, 108–109, 213 Chartered Financial Analyst (CFA), 9 Coca-Cola, 94, 123, 124, 162, 163, 188 CFA Institute, 8, 15, 105, 112, 181, 207 Coca-Cola Amatil, 94 CFA Center for Financial Market Cochabamba, 188 Integrity, 177, 183, 207 Codebank, 204 Cheyne Finance, 202 Coffee, John C., 53 Chi Mei Optoelectronics, 124 Cohen, Noam, 24 Chicago Tribune, 283 Colchester, Nico, 269 China, xxvi, xxxii, 21, 22, 24, 31–32, 51, 55, Cole, Margaret, 13, 45, 156 90, 150, 151, 164, 165, 167, 185, 187, collateralized debt/mortgage obligation 188, 189, 205, 279, 280, 281, 285 (CDO, CMO), 131, 155, 214–215 China Aviation Oil, 191 Comiskey, Eugene, 128 China Central Television commentators, xix, xxviii, xxxviii, 23–25, 76, (CCTV), 24 84, 87, 92, 99, 133, 206, 256, 265, 280 China Construction Bank, 166 Commerzbank, 13 China Daily, 22, 149, 150, 151 commission-sharing arrangements, 244 China Galaxy Securities, 32 Committee on Foreign Investment China Huiyuan Juice Group, 188 in the U.S. (CFIUS), 189 China Life Insurance, 166 Commodity Futures Trading Commission China News Service, 278 (CFTC), xlvii, 229 China Petroleum (Sinopec), 162 compliance, 5, 16, 27, 31, 34, 39, 44, 53, 62, China Securities Regulatory Commission 89, 91, 94, 124, 166, 193, 201, 205, 208, (CSRC), 21, 31, 32 210, 213, 218, 219, 220, 221, 223, 224, 225, China Telecom, 51 237, 259 Chinese, xxviii, xxxii, 21, 22, 24, 31, 32, complinet.com, 55 40, 47, 50, 51, 54, 89, 151, 162, 166, confl icts of interest, 30, 62, 210–249 passim 184, 185, 189, 197, 198, 210, 211, 216, Connecticut Capital, 237, 238 224, 230, 272, 278, 279, 280 consensus (estimates), xxxix, 7, 40, 102, Chinese walls, 27, 47, 210, 211, 216, 103, 128, 147, 157, 255, 265, 273 224, 226, 230 constant proportion debt obligation Chinese Warren Buffett, 197 (CPDO), 155, 203 Chiyu Banking Corp., 206 Consumers International, 161, 162 Chong Hing Bank, 206 Continuing Education Program, 10 Chongqing Iron & Steel, 37 contracts for difference (CFDs), xix, , xxiv, xli 17, 18, 49 Chung, Joanna, 139, 247 Copernic, 117 Chunghwa Picture Tubes, 124 copyright, xxxv, xxxviii, 2, 56, 71, 91–94, Churchill, Winston, 242 265, 281 Cipla, 152 Core Pacifi c-Yamaichi Capital, 204 Circuit City, xxv corporate governance, xxi, xxxi, xxxv, xxxvii, Cisco Systems, 236 xl, xliii, 8, 62, 63, 67, 83, 88, 107, 124, Citic Ka Wah Bank, 206 127, 138, 139, 150, 158, 159–201, 276 CITIC Pacifi c, 149, 150, 195, 225 Corporate Governance Asia, 202 CITIC Resources, xxxiv, 30, 45, 49, 225 corporate social responsibility (CSR), , Citi, xxii, xxiv, xxv, xxxi, xxxiv, see social responsibility xli, 3, 34, 38, 79, 108, 126, 141, 143, 144, Corporate Watch, 56

bbindex.inddindex.indd 289289 77/2/10/2/10 7:32:137:32:13 AMAM 290 Index

correcting errors, 27, 281 Davos, xxvi, 189, 247 Corrigan report, see Counterparty Risk de la Villehuchet, René-Thierry Magon, xxv Management Policy Group III de Ramos, Abe, 170, 177, 207 Corston-Smith Asset Management, 63 debt, xxii, xxv, xxxii, xli, 12, 13, 14, 17, 63, 64, Counterparty Risk Management Policy 66, 85, 131, 148, 153, 155, 157, 180, 190, Group III, xxxiii, 142, 194 201, 203, 206, 214–215, 236 coverage, initiations/transfers/terminations defamation, xix, xxxv, xxxviii, xli, 2, 23, 27, of, 106–114 56, 71, 83, 88–91, 137, 138, 270 Cox, Christopher, xxxvi, 84, 246 Dell, 125 Craig, Susanne, 36, 227 Deloitte Touche Tohmatsu, 204, 280 Cramer, Jim, 23, 84 Delphi Associates, 198 credit, xxii, xxiii, xxvii, xxviii, xxix, xxx, Denmark, 280 xxxiii, xxxv, xxxvi, xxxvii, xl, 8, 9, 10, derivatives, xxix, xxxi, 5, 8, 9, 14, 15, 16–18, 12, 13, 14–15, 16, 17, 18, 28, 71, 83, 126, 28, 46, 150, 191 130, 136, 139–144, 150, 155, 156, 157, Deutsche Bank, 17, 51, 52, 70, 75, 82, 136, 158, 159, 165, 166, 171, 173, 194, 195, 160, 162, 192, 206, 212, 244 201–203, 211, 214, 215, 216, 219, 244, Dharma, 63 246–249, 269 Dickson, Martin, 71 (CDS), xix, 17, 156 Dillon Read Capital Management, 193 credit rating agencies, 9, 28, 201–203, disclose, xli, 17, 34, 43, 51, 112, 141, 168, 211, 216, 244, 244, 245, 247, see also 169, 172, 173, 174, 204, 205, 214, 219, nationally recognized statistical rating 223, 238, 243, 248, 254, 270 organizations (NRSROs) disclosures, xli, 5, 9, 10, 11, 14, 15, 16, 17, Credit Suisse, 13, 49, 140, 156, 163, 195, 199, 18, 19, 20, 26, 27, 29, 30, 31, 36, 41, 43, 206, 212, 223, 227, 239 50, 51, 58, 61, 62, 81, 88, 96, 99, 102, Credit Suisse First Boston (CSFB), 49, 212 103, 105, 107, 112, 113, 114, 115, 116, Croatia, 75 121, 126–128, 141, 145, 149, 158, 160, Crowther, Louise, 4 170, 172–174, 180, 204, 219–223, 233, CSC Asia, 204 238, 241, 243, 246 CSX, 17 discounted cash fl ow (DCF), xxxix, 7, 107, Cuban, Mark, 78, 79, 233 129, 153, 154, 272 Cui Xiaohuo, 151 dividend discount model (DDM), xxxix, 7, Cuomo, Andrew, xxvii, 141, 168, 169, 216, 248 107, 129, 153, 154 CyberCare, 237, 238 Dodd, David, 121 dotcom, xxvi, 105, 136, 147, 214 D Dow Chemical, xlii Daelim Industrial, 201 Dow Jones Islamic Market (DJIM) Index, 64 Daewoo Logistics, 188 Dow Jones News Service/Newswires, xxxvi, Dah Sing Bank, 206 31, 137, 176, 240, 260 Dahlquist, Julie, 106 Dr. Reddy’s Laboratories, 152 Daily Mail, 75, 168 Dresdner Kleinwort, 13, 174, 233 Daily Telegraph, 95, 136 Drexel Burnham Lambert, xxvii Daimler, 200 Drummond, Bob, 46, 80 Daiwa Securities America Inc., 253 Dubai, xxxii, 66, 189, 199 Dale, Richard, 126 Dubai World, xxxii, 66, 189 Danish, 280 due diligence, xxxviii, 5, 143, 174, 196, 198, Danone, 187 203–205, 230, 232 Dao Heng Securities, 37 duty of care, xl, 6, 44, 122, 141 Darwin, Glenn, 171 Dvorak, Phred, 136 Das, Satyajit, 143 dwarf-tossing, xxxiv, 244 Dasani, 124, 162 Dylan, Bob, 93 data-vendors, 93 Daula, Tom, 275 E Davies, Paul, 155, 247 EADS, 175 Davies, Sir Howard, xxviii earnings forecasts, xxxix, 7, 26, 42, 52, 69, Davis, Jonathan, 8 134, 147, 255, 258

bbindex.inddindex.indd 290290 77/2/10/2/10 7:32:147:32:14 AMAM Index 291

earnings per share (EPS), 124, 128 fi nancial advisers, investment advisers, East Cameron Gas, 66 95, 139, 196 Ecofact, 162, 166 fi nancial analysts, investment analysts, Economist, 33, 57, 138, 142, 177, 179, 269 see research: analysts economists, xxxvi, 41, 56–58, 98, 104, 105, Financial Guaranty Insurance Co. (FGIC), 148, 155, 218, 277 xxiii Edge, 63 Financial Industry Regulatory Authority Edhec Business School, 63 (FINRA), xxxvi, 3, 4, 10, 11, 14, 28, Effi nger, Anthony, 240 29, 59, 102, 112, 115, 116, 137, 145, 193, Egan-Jones, xxvii, 246, 247 201, 219, 220, 221, 238, 239, 249, Einhorn, David, 123, 124, 135, 241 252, 253, 261 Eisman, Steve, 206 Financial Instruments and Exchange Électricité de France (EDF), 187 Law, 32 e-mails, xxx, xxxv, 28, 35, 39, 40, 41, 45, Agency, 33, 34 46, 52, 57, 69, 233, 234, 246, 252, Financial Services Authority (FSA), xxviii, 253–254, 256–260, 261 xxix, xxx, xxxvi, 12, 13, 38, 45, 47, 48, Emeraldinsight.com, 115 49, 75, 84, 85, 86, 116, 117, 136, 156, Enron, xxvii, xlii, 71, 83, 123, 159, 190, 201 172, 173, 195, 199, 228, 231 Enterprise Zone Developments (EZD), xlii Financial Supervisory Authority Eon Labs, 55 of , 143 Epson Imaging Devices, 124 Financial Times (FT ), xxviii, xxxvi, 8, 9, 14, equal treatment of shareholders, xl, 161, 20, 22, 32, 45, 49, 63, 67, 69, 70, 71, 82, 176–184 84, 87, 89, 90, 92, 105, 106, 114, 116, 125, Ernst & Young, 284, 285 126, 130, 138, 139, 142, 143, 145, 154, Ethisphere Institute, 166 155, 156, 166, 173, 174, 175, 178, 179, -Asia Agricultural (Holdings), 204 180, 186, 187, 188, 189, 191, 192, 193, Euromoney, 27, 155, 160 194, 195, 202, 203, 217, 222, 225, 228, Euroweek, 155 231, 235, 236, 244, 247, 249, 261, 266, European Central Bank, xxxii 275, 276, 284, 285 European regulations, 14, 23 Fitch, xxiii, xxvii, 201, 202, 247 European Union, xxiv, 14, 125, 186, 247 Flynt, Larry, xxiv Exane BNP Paribas, 75 Forbes, xxiii, 205 executive compensation, xxix, xl, 160, 161, Ford, 207 167, 170, 171 foreign-based analysts, 3 remuneration, 167–174 foreign broker-dealers, 4, 61, 62 Extra Storage Space, 206 Fortis, Fortis Insurance (Asia), 182, 207 Exxon Mobil, 179 Fortune, xxxi, 240 Fox-Pitt Kelton, 47 F France, xxiii, 13, 175, 187 F. Hoffmann-La Roche, 124–125 Francis, Joe, xxv Fabozzi, Frank, 67 Franklin Templeton, 179, see also Facebook, 116, 261 Templeton fact-checking, 39 fraud, xx, xxv, xxxi, xli, xlii, 56, 74, 77, 116, fair disclosure, 43, 51 117, 123, 128, 140, 143, 151, 166, 169, fair distribution, see research 187, 190, 191, 193, 194, 198, 205, 206, fair use, 94 207, 213, 215, 240 Fairfax Financial, 239, 240 Freddie Mac, xxiii, xxv, xli, 85 Fang, Lily, 217 French, 92 Fannie Mae, xxiii, xli, 85 French Court of Appeal, 90, 222, 284 Far & Lee, 116 Friedman, Billings, Ramsey Group, 73 faxes, 56, 95, 253 Friedman, Jeffrey, 167 Ferguson, Adele, 158 Friedman, Milton, 41 Fiberstars, 206 front-running, xxxv, xxxviii, 19, 27, 34, 35–41, Fidelity, 8, 61, 70, 126, 243, 244 99, 110, 111, 196, 252, 254 fi duciary, 6, 79, 134, 205, 226, 227, 243 FrontPoint Partners, 203 Financial Action Task Force, 198 FTI Consulting, 205, 206

bbindex.inddindex.indd 291291 77/2/10/2/10 7:32:147:32:14 AMAM 292 Index

FTI-International Risk, 146, 193, 205 Graham, Benjamin, 121 Fubon Bank (Hong Kong), 206 Grand Cathay Securities, 206 Fudan University, 280 Grange Securities, 142 fund manager, xix, xxxiii, 12, 13, 17, 24, 36, Great Wall Trust and Investment Corp., 32 38, 45, 51, 52, 63, 70, 84, 112, 113, 137, Greece, xxiv, xxv, xxxii, 157 138, 180, 186, 196, 214, 215, 217, 234, Greenberg, Herb, 71, 240 243, 244 Greencool Technology, 90 funds Greenlight Capital, 85, 87, 123, 241 hedge, xxii, xxv, xxviii, xxix, xxx, xxxi, Greenwich Associates, 244 xxxix, xl, 5, 12, 19–20, 28, 33, 45, 49, 70, Grene, Sophia, 63 82, 83, 84–87, 102, 123, 124, 135–137, Grubman, Jack, xxxvii, 90, 108, 144, 145, 190, 138, 153, 156, 160, 172, 177, 178, 186, 212, 213, 214, 217, 257 193, 197, 202, 211, 215, 239, 240, 241, 285 Guangfa Securities, 32 mutual, xxiii, xxxi, xl, 5, 70, 211 Guardian, 45, 56 pension, xxv, xl, 63, 186, 202 Gucci, 222 Guerrera, Francesco, 202, 235 G Guthrie, Jonathan, 275 Galleon, 45, 53, 73, 116, 117 Galvin, William, 141, 216 H Gangahar, Anuj, 155 hacker, 44 Gapper, John, 192 Haier Group, 89, 90 Gasco Energy, 206 Hang Seng Index, 101, 104 gatekeeper, 210, 218, 219, 224 Hangxiao Steel, 31 Gaynor, Brian, 203 Harvard University Gaza, xxv Harvard Business School, 70 Gee, Marsanne, 51 HBOS, 84, 85, 86, 87, 117, 136, 285 Genentech, 92, 93 HD Brous & Co., 37, 39 General Electric, 123, 124 headlines and covers,265–267 , xxiv, xli, 132 HealthSouth, 213 generic drug-makers, 152, 153 Heath, David, 78 Gentry, Andrés, 146 Working Group, 19 Geritol Gang, 95 hedge funds, xxii, xxv, xxviii, xxix, xxx, xxxi, , xxvi, 75, 95, 157, 188, 200 xxxix, xl, 5, 12, 19–20, 28, 33, 45, 49, Getco, 45 70, 82, 83, 84–87, 102, 123, 124, Gill, Amar, 160 135–137, 138, 153, 156, 160, 172, 177, Gingrich, Newt, 130 178, 186, 193, 197, 202, 211, 215, 239, Girls Gone Wild, xxv 240, 241, 285 Glasser, Charles J., 88 Hedley, Paul, 233 Glenmark Pharmaceuticals, 152 Heitman, Elizabeth, xxxi, 92 GLG Partners, 38, 70 Hermes Equity Ownership Services, 63 global depositary receipts (GDRs), 231, 272 Hermes Fund Managers, 186 Global Green Tech Group, 37 Higashimatsuyama, 143 Global Research Analyst Settlements, 29, 37, Hill, Andrew, 179 82, 117, 144, 211, 212, 228 Hitachi, 124, 125 Golden Bull Awards, 275 Hogg Robinson, 231 golden goose, xli, 55 Holder, Frank, 205 Golden Peacock, xli, 180 Hollinger, Peggy, 175 Goldman Sachs, xxiii, xxix, xxxiv, 21, 35, Honda, 207 36, 49, 50, 56, 57, 74, 133, 206, 212, Honeywell, 201 213, 227, 228 Hong Kong, xxvii, xxviii, xxix, xxxiv, 14, 15, Goldstein, Jacob, 76 24, 29–31, 42, 43, 45, 49, 50–51, 52, 55, Gompers, Paul A., 159 58, 87, 88, 101, 103, 111, 112, 117, 143, Google, 160, 283 144, 149, 150, 151, 164, 165, 176, 182, Gordon, Michael, xxv, xxvi, xxix, xxxii, 126, 167 195, 204, 205, 206, 219, 225, 234, 272 Governance Metrics International Hong Kong Baptist University, 166 (GMI), 160 Hong Kong Companies Ordinance, 182 Goyne, Eugene, 51, 204 Hong Kong Exchange (HKEx), xxviii, 31, 43, Gradient Analytics, 126, 138, 239 50, 204

bbindex.inddindex.indd 292292 77/2/10/2/10 7:32:157:32:15 AMAM Index 293

Hong Kong Monetary Authority, 87 Intel, 36, 116, 125 Horan, Stephen, 112 intellectual property, xix, 11, 91–94, 151 HP Bulmer, 75 internal communications, 252–261 HSBC, 69, 101, 114, 160, 169, 170, International Accounting Standards 237, 260 Board, xxviii Huawei Technologies, 51 International Finance Corporation huddles, 21, 35–36 (IFC), 160 Hugo Boss, 163–164 International Herald Tribune (IHT ), 24, 57, Hungary, xxv 127, 141 Hurtado, Patricia, 92 International Monetary Fund (IMF), xxv Hustler, xxiv International Organization of Securities Hynix Technology, 125 Commissions (IOSCO), 15, 16, 18, 19, 30, , xxiv 46, 242, 243, 247, 248 International Risk, see FTI-International I Risk I Feel Good (IFG), 48 International Working Group (IWG), 189 Iberdrola, 179 Internet, 21, 22, 80, 131, 132, 133, 212, 236, IBM, 116 265, 277 Icahn, Carl, 171 Internet bubble, 131, 132 ICEA, 204, 205, 208, 230 investment bankers, xxvii, xl, xlii, 203–205, IMS Health, 44 211, 228 Independent Commission Against banking colleagues, 5, 9, 216, 224, Corruption (ICAC), 183 234, 235 independent non-executive directors, xl, Investment Dar Co., 66 161, 183, 184 InvestmentNews, xliii, 6, 205 Independent on Sunday, 100, 126 IPC Holdings, 206 Index, 61, 64, 97, 101, 159 Iran, 199, 201 India, xxv, xxxii, xlii, 21, 117, 152, 173, 179, Iraq, 200, 208 180, 211, 281 Ireland, 84, 85, 169, 280 IndiaWorld, 180 Ireland’s Financial Regulator, 84 Indonesia, 65, 72, 164, 199 ireport.com, 24 Indonesian, 175 Irish Sunday Independent, 84 Industrial and Commercial Bank of China, Ishii, Joy L., 159 166, 206 Islamic Financial Services Board industry sources, 72, 270 (IFSB), 65 information Islamic Research and Training Institute inside, price-sensitive, xix, xx, xxxviii, 2, 12, (IRTI), 65 13, 34, 41, 42–49, 50–51, 52–58, 71, 73, 76, Israel, xxv 78, 79, 80, 82, 88, 116, 157, 174, 176, 192, 226, 233, 234, 257, 270, 273 J publicly available, xl, 9, 26, 34, 41, 51, 80, J-Power, 186 81, 88, 210, 211, 233, 254, 255 Jade Technologies, 174 sourcing, xxxviii, 43, 53, 71 Jakab, Spencer, 67 Infosys Technologies, 180 Janus Capital, 36 ING, 55, 234 Japan, xxiv, xxvii, xxxiv, 32–34, 88, 134, 143, ING Barings, 101, 266 177, 178, 185, 186, 232, 243 Inglis-Taylor, Andrew, 136 Japanese, 32, 33, 90, 123, 148, 178, 186, 201 initial public offering (IPO), 5, 136, 145, 211, Jarch Capital, 188 231, 232, 233 Jarre, Maurice, xlii Inmarsat, 231 Jefferson County, 17 Innovest, 63 Jobs, Steve, 24 INSEAD, xxvi, 217 Johnson, Luke, 70 insider trading/dealing, see Johnson, Steve, 126 information Johnston, 75 Instinet, 45 Jones, Sam, 155 institutional investors, xxvii, 3, 67, 69, 71, Journal of Financial Regulation and 109, 111, 160, 171, 186, 213, 231, 242, Compliance, 115 243, 246, 275 journalism, 22, 24, 56, 115

bbindex.inddindex.indd 293293 77/2/10/2/10 7:32:157:32:15 AMAM 294 Index

journalists, xix, xxxiii, 23, 25, 84, 135, 138, 240 Lipitor, 152 J.P. Morgan, xxii, xxiii, 75, 144, 169, 212, Lloyd, Richard, 162 229, 279 Lloyds, 117, 169, 199 Jyllands-Posten, 280 lock-ups, 7, 232 London School of Economics, The, 56, 115 K Long-Term Capital Management (LTCM), Kangshifu, 163 19, 154, 197 Kazakhstan, 30, 225 Luparello, Stephen, 46 Kellermann, David, xxv Luther, Martin, xxvi, 196–198 Kellogg’s, 162 LVMH, 90, 91, 222, 284 Ketchum, Rick, 45 Keynes, John Maynard, 130 M KGI Asia, 206 Macdonald Hotels, 75 Khandeparkar, Uday, 152 Macquarie, 47, 101, 254 Khatkhatay, M.H., 65 Madagascar, 188 Khuzami, Robert, 229 Madoff, Bernard, xxv, 196–198 Kim, Victoria, 116 Maguire, Andrew, 229 Kirkpatrick, Charles, 106 Mamma.com, 79, 117 Kitabata, Takao, 177 Mandelson, Peter, 186 Knight, Malcolm, 247 Manne, Henry, 41 Knight, Rebecca, 249 Maradona, xxxi, xlii Knight Vinke, 160 Marconato, Diego, 236 Komiya, Yoshinori, 178 Maremont, Mark, 227 Korea, see South Korea margin loans, 172, 173 KPMG, 127 mark-to-market, 13, 130 Kubrick, Stanley, 283 market abuse, xx, 12, 13, 38, 45, 49, 83, Kuwait, 66 86, 173, 219 Kwok, Ben, 67, 163 market letters, 59, 252 Markets in Financial Instruments Directive L (Mifi d), 14 Ladenburg Thalmann, 137 Markopolos, Harry, 196 Lague, David, 151 Marley, Bob, xli Laing, Jonathan R., 246 Mars, 164, 165 Larsen, Peter Thal, 82 Martin Act, 77, 117 Latvia, xxv Martin, Eric, 70 Lazard, 63, 182, 207 Massachusetts, 140, 216 Lebanese , 197 Masters, Brooke, 116 Lee, Kha Loon, 170, 177, 183, 207 Mattel, 162 Leeming, Andrew, 72, 111, 217, 266 Mauldin, John, 19 Legal & General, 160 Max Planck Institute, 279 Lehman Brothers, xxiii, xxviii, xxxiv, 19, Maytas, 179, 180 20, 55, 84, 85, 87, 92, 117, 132, 135, 137, Mazda, 201 142, 143, 172, 195, 212, 213, 220, 241, McCreevy, Charlie, xxviii, 247 244, 285 McKinsey, 116 Lennon, John, 94 McLean, Bethany, 240 Lerado Group, 37 Measuredmarkets, 44, 45, 116 Letterman, David, 136 measurements and direction, 271 Lewis, Michael, 203 media, xlii, 17, 23–25, 30, 40, 58, 62, 76, Lex, 84, 114, 285 87, 88, 252, 253–254, 256 LG Display, 124 Meeker, Mary, 132, 133 Li, Richard, 133 melamine, 162, 164, 165 libel, xxxviii, 88–89, 91, 270 Mengniu Dairy, 164 Libya, 187, 199 Merckle, Adolf, xxv Lifetime Brands, 206 mergers & acquisitions (M&A), xx, xxii, Lincoln, Abraham, xli xxx, xxxix, xlii, 5, 27, 44, 46, 55, 71, 72, LinkedIn, 116, 261 74, 75, 79–83, 97, 158–159, 176, 203, Linning, Alan, 15, 50, 51 204, 230 Lion Gate Capital, 136 Merkel, Angela, xxviii, 248

bbindex.inddindex.indd 294294 77/2/10/2/10 7:32:157:32:15 AMAM Index 295

Merrill Lynch, xxii, xxiii, xxxiv, xxxvi, 37, 60, Narvik, 143 67, 69, 74, 78, 82, 92, 133, 140, 141, 168, National Association of Securities Dealers 169, 174, 195, 206, 212, 213, 216, 227, 231 (NASD), 19, 81, 115, 145 Merrill, Susan, xxii, xxiii, xxxiv, xxxvi, 37, 245 national interest, 23, 184–186, 187–188, 189 Metrick, Andrew, 159 nationally recognized statistical rating Mevas Bank, 206 organizations (NRSROs), xxvii, 211, MI4 Reconnaissance, 240 247, 249 Micron Technology, 125 Natixis, 156 Microsoft, 133, 151 Nazis, 163 milk formula, 164 NEC, 125, 148, 151 Millennium Partners, 17 Nerikes Allehanda, 280 Millennium Wave, 19 Nestlé, 188, 275 Miller, Elizabeth, 105 Netherlands Bankers’ Association, 167 Milligan, Andrew, 105, 130 Neurocrine Biosciences, 72 Millward Brown Optimor, 166 New Castle Funds, 116 Minerva, 22 New Century Financial, 126, 127 minibonds, 143, 144 New World Development, 50 Ministry of Economy, Trade and Industry New York Post, 104, 137, 213, 280 (METI), 177, 178 New York Stock Exchange (NYSE), xxxvi, Ministry of Public , 31 14, 37, 38, 45, 59, 60–61, 82, 145, 213, Minrad International, 206 223, 253, 257, 259, 260, 270 Mirabaud Securities, 85 New York Times (NYT), xxxvi, 54, 57, Mircette, 153 116, 143, 151, 156, 195, 197, 201, 202, Mirror Group, xxvii 239, 283 misappropriation, 32, 43, 77, 79 New York University’s Stern School of Mitsubishi, 107, 148 Business, 9 Mittal Steel, 237 New Zealand, 127, 198, 202, 247, 272 Mobius, Mark, xxxii, 70, 111, 112, 113 News Corporation, 176 model portfolios, 61, 101, 102, 103, 109 Nisar, Shariq, 65 Molson Coors, 67 Nissan, 148 Monetary Authority of Singapore, 174, 191 Nixon, Simon, 236 money-laundering, 5, 34, 194, 198, 199–201, No-Action Letters, xxvii, 249 see also anti-money-laundering (AML) Nomura, xxii, xxiii, xxxiv, 59, 117, 143 monoline bond insurer, xxiii non-performing loans (NPLs), 148, 285 monopoly, 75, 158, 184 non-rated securities, 141, 256, 257 Monster Worldwide, 123 non-research, xxxvii, 11, 25, 26, 41, 59, 96, Moody’s, xxiii, xxvii, 116, 150, 155, 156, 201, 251–261 202, 203, 215, 246, 247 North American Securities Administrators Moore Capital, 75, 229 Association (NASAA), 139 Moore Europe, 12,13, 233 Northern Rock, xii, xxiv, 126 Morgan Keegan, 241 Norway, 143 Morgan Stanley, xxiii, xxix, xxxiv, 10, 30, 39, Norwegian, 143, 195 40, 49, 53, 55, 57, 73, 90, 92, 94, 104, 117, NWS Holdings, 166 132, 133, 138, 144, 169, 195, 202, 206, NZ Farming Systems Uruguay, 127 212, 213, 220, 222, 223, 225, 229, 241, NZX, 127 257, 259, 260, 261, 275, 284 mosaic theory, 71, 82 O Motorola, 49, 125 Oakley, David, 156 MSCI, 97 Obama, Barack, xvi, xxxvi, 153, 167 Muamalat Institute, 65 Octopussy, 116 Mulford, Charles, 128 Oliver, Christian, 22 Murchison, Murdoch, 112, 217 One World Trust, 166 Murphy, Megan, 94 Onion, 283 Ontario, 240 N Ontario Securities Commission, 240 Nakamoto, Michiyo, 178 Opes Prime, 173, 174 Nakheel Properties, 66 options, xxxvii, 8, 14, 44, 45, 113 Nanyang Commercial Bank, 206 Organon, 153

bbindex.inddindex.indd 295295 77/2/10/2/10 7:32:167:32:16 AMAM 296 Index

Orwell, George, 178, 268, 273, 276 PricewaterhouseCoopers, 168, 180 “outsider” information, 49 private investments in public equity over the wall, xi, 79, 224, 230, 232, 233 (PIPEs), 232 Oversea-Chinese Banking Corp. (OCBC), 87, product recalls, 163 138, 139, 174, 241 Profi le Books, 277 Oversea Chinese Fund, 197 pro-forma earnings, 128 Overstock.com, 23, 239 proprietary trading, prop trading, xvi, Oxford English Dictionary, 93 xxx, 36, 116, 208 PT Perusahaan Gas Negara (PGN), 175–176 P Public Bank (Hong Kong), 206 Pacifi c Century, 207 public interest, 23 Pakistan, xxv, 188 public relations (PR), 56 Panasonic, 148 Public Security Bureau, 31 Paramax Capital, 156, 202 publishers, 57, 88, 160, 281, 282, 286 Parkinson, Stuart, 70 publishing and distribution, 267–268 Parmalat, xxvii, 159 pump-and-dump, 233 Patrick Corp., 79, 226 Pursuit Partners, 215 Paulson & Co., 228, 229 Putterman, Jeffrey, 81, 82, 270 PCCW, 132, 133, 182, 183 putting companies into play, 81–83 Pegasus Fund Managers, 24 pension Q pension funds, xi, 186, 202 q ratio, 154, 207 pension plans, xxv qualifi ed institutional buyers (QIBs), 231 Pension Fund Association, xxiv People’s Daily, 279 R Pepsi, 163, 187 RAC, 75 Permira, 231 Rajaratnam, Raj, 45, 116, 137 Petch, Joe, 72 Rakoff, Jed, 168 Petrobras, 201 Rambus, 153 Pfi zer, 125, 152 Ramyar, Richard, 105 Pharmaxis, 206 Ranbaxy Laboratories, 152 Philip Morris, 67 Randgold Resources, 206 Pica, Angela, 183 rates and yields, 272 pillow talk, 54–56 Raytheon, 92 Pioneer, 148 reasonable assumptions, xx, xxxix, 9, 26, Piper Jaffray, 212, 260 71, 80, 88 Piron, Claudio, 279 recommendations plagiarism, xxxi, 2, 11, 71, 91, 92, 93, changes of, xxxviii, 16, 29, 267 265, 281 consistency of, xxxix, 96–97, 121–122 Plain English Campaign, 275 past, 60–62 plea-bargaining, 45, 46, 54 reasonable basis for, xxxix–xl, 120–207 poison pill, 177, 178, 179 trading contrary to, 220–221 Polis, 115 Redding, Gordon, xxvi politics and religion, 280–281 Redtower Research, 105 Polycom, 116 Reebok, 74 Pong, Paul, 24 Regulation Analyst Certifi cation, 23, 59, 221 Ponzi, Charles, xxii Regulation Fair Disclosure (FD), 43 Ponzi scheme, xxv, xlii, 196, 197–198 Regulation S, 232 Porsche, 17, 55 regulations, xix, xxvii, xxviii, 10, 12–15, Porter, Michael, 6 16–18, 19–21, 21–22, 23–25, 28, 29–34, Portfolio.com, 203 38, 57, 58, 59, 60, 87–88, 96, 98, 111, premiums and discounts, 272 112, 134, 169, 219, 221, 222, 234, 243, press, xix, xxxv, 23, 25, 43, 48, 50, 84, 89, 91, 244, 259, 264, 269, 270, 273, 280, 281 109, 117, 137, 157, 163, 187, 194, 214, Reich, Robert, 246 233, 238, 252, 255, 257, 276, 281, 285 Reingold, Dan, 190 price-fi xing, 124, 125 related-party transactions, xv, xl, 179–182 price-sensitive information, see information Reliance, 4, 173

bbindex.inddindex.indd 296296 77/2/10/2/10 7:32:167:32:16 AMAM Index 297

Renaissance Technologies, 202 Rule 144A, 231, 232 Renesas Technology, 125 Rule 1050, 4 reports rumors, xix, xx, xxviii, xxxviii, xxxix, 2, selective distribution, 35–40, 59 9, 12, 14, 24, 25, 33, 34, 35, 43, 51, supervision of, xxxviii, 2–3 71, 78, 79–88, 135, 158, 233, 234, 255, research 270, 273 analysts, xxx, xxxiii, xxxiv, xxxv, xxxvi, Rural Cellular, 227 xxxvii, xxxviii, xl, 4, 11, 12, 13–15, 16, Russia, 199, 200 20, 28, 34, 35, 38, 49, 51, 53, 59, 60, 61, 64–66, 95, 96, 109, 111, 112, 114, 115, S 205, 211, 234, 237, 239, 281 S2 Capital, 116 bond/credit/fi xed-income, 8, 9 13–16 SAC Capital, 85, 239, 240 defi nition of, 2, 11–22 Safi re, William, 268 disclosures, xxxvii, 16, 20, 29, 36, 81, 102, Salomon Smith Barney (SSB), 108, 144, 107, 113, 114, 233 212, 213 fair distribution, 11, 18, 29, 35, 96, 134 Samsung, 107, 153, 162 houses, independent, 239, 244 Sanlu, see Shijiazhuang Sanlu independence of, 210–249 Sants, Hector, xxviii options, 8, 15 Sapporo Holdings, 177 pre-deal, 5, 117, 230–234 Sarbanes–Oxley Act, xxvii, 32, 219 principal, 3, 252, 253 Satyam, 157, 173, 179, 180, 181 selective distribution, 35–40 Saudi Arabia, 18, 43, 65, 187, researchers, 70, 235 188, 207 restricted list, 223 Saudi Chemical Company, 43 retirement seminars, 145 Saudi Stock Exchange (Tadawul), 18 , see Thomson Reuters Schack, Justin, 242 review committee, 53, 96, 104 Schaeffl er, 17 Rhodia, 13 Schapiro, Mary, xliii, 17, 134 rights issue, 87, 136, 158, 179, 185 Schilit, Howard, 128 Rio Tinto, 98, 158, 184, 185 Schottenfeld Group, 86, 116 risk, 133–202 Scott, Lee, 166 risk management, xxi, xxiii, xxxiii, xl, 142, Scottrade, 201 150, 159, 160, 161, 166, 189–201 Seattle Times, 78 risk manager, xxxiii, 142, 192, 193 Securities and Exchange Board of India risk-free rate, 154, 206 (SEBI), 21, 173, 249 RiskMetrics, 126, 127, 128 Securities and Exchange Commission Roach, Stephen, 104 (SEC), xxii, xxiii, xxvii, xxix, xxx, xxxv, Rockefellers, 179 xxxvi, xli, xlii, xliii, 4, 6, 12, 17, 23, 24, 28, rogue 36, 44, 47, 53, 54, 55, 56, 59, 74, 75, 77, 78, trader, xxiii, 192 79, 80, 84, 85, 86, 87, 96, 106, 112, 115, trading, 159, 193 116, 121, 123, 124, 134, 135, 136, 141, 145, Rohm & Haas, 55 168, 169, 176, 191, 196, 197, 198, 200, 205, Rolling Stone, 228 211, 212, 213, 214, 225, 226, 237, 238, 240, Romania, 208 241, 244, 247, 248, 249, 259 Ropes & Gray, 116 Securities and Futures Commission (SFC), Rose, James, 202 xxxvi, 14, 15, 24, 30, 31, 37, 42, 46, 50, 51, Rosgen, Markus, 101 58, 88, 111, 112, 144, 183, 204, 205, 206, Rowling, J.K., 93 208, 219 Royal Bank of Canada (RBC), 4, 206, 227 Securities and Futures Ordinance (SFO), Royal Bank of Scotland, xxiv, 136 15, 29, 115 Royal Dutch Shell, 169, 201 Securities Association of China, 22 Royal Skandia, 51, 52 Securities Industry and Financial Markets Rozerem, 162 Association (SIFMA), 115 RSL Communications, 213 Securities Industry Association, 115 Rudd, Kevin, 184 Securities Industry News, 216 Rule 10b-5, 77, 117 selective disclosure, 41, 50, 88 Rule 15a-6, 3, 4 selective distribution, see research

bbindex.inddindex.indd 297297 77/2/10/2/10 7:32:167:32:16 AMAM 298 Index

sell-side, xix, xxii, xxxi, xxxiii, xxxvii, xxxviii, South China Morning Post (SCMP ), xxxvi, 22, xl, 5, 9, 11, 12, 16, 35, 58, 61, 62, 69, 70, 24, 31, 50, 51, 67, 68, 89, 90, 104, 112, 71, 95, 102, 103, 111, 165, 204, 210, 211, 144, 160, 163, 165, 191, 197, 204, 279, 284 217, 242, 265 South Korea, 22, 101, 124, 188 Sender, Henny, 275 South Staffordshire, 75 Series 7, 4 sovereign wealth funds (SWFs), xl, 185, Series 86, 4, 102 188, 189 Series 87, 4 spam, 233 Serious Fraud Offi ce, 187 special purpose vehicle (SPV), 5, see also Serious Organised Crime Agency structured investment vehicle (SIV) (SOCA), 75 speculation, xxxix, 79–88, 97, 158, 187 Seven TV, 254 Spherix Capital, 116 Seychelles, xxv Spitzer, Eliot, xxvii, 211 SG Americas Securities, 3 sponsors, 31, 204, 205 Shale, Tony, 27 Standard & Poor’s, xxiii, xxvii, 9, 156, 201, Shamil Bank of Bahrain, 66 202, 203, 246, 247, 248 Shanghai Commercial Bank, 206 Standard Life, 105, 130 Shanghai Daily, 280 standstill, 66, 276 shareholders, xxxvi, xl, 42, 63, 81, 123, 136, Stanford, Sir Allen, xxv, 196 150, 158, 159, 160, 161, 162, 168, 169, Stanford International Bank, 196 170, 174, 175, 176–184, 186, 190, 193, StarMine, 69, 71 197, 241, 275 State Farm VP Management, 10 Shari’ah, 2, 64, 65 Steel Partners, 177, 178 Sharp, 124, 125 Stein, Ben, 57 Sheehan, Paul, 21 Stephens Inc., 81 Shijiazhuang Sanlu, 162, 164 Sterling Financial, 72 Shoney’s Inc., 82 Stiglitz, Joseph, 155 short-sellers, xxxix, 241 stock exchange fi lings (XBRL), 157, 232 short-selling, xxviii, xxxix, 91, 135–137, StockTwits.com, 25 228, 239 Stoneridge versus Scientifi c-Atlanta, xxxvi, short-term trading, 8, 16, 36, 99, 100, 114, 153, 206 121, 256 Story, Louise, 135 Shui On Land, 166 structured investment vehicle (SIV), 5, Sidley Austin, 15, 51 13, 202, see also special purpose Siegel, Marc, 127 vehicle (SPV) Siemens, 162, 163, 200 Stuart Graduate School, 19 Simons, James, 202 subprime, xxii, xxiii, xxxii, 19, 57, 126, 140, Singapore, 57, 138, 143, 174, 184, 186, 146, 147, 148, 155, 156, 174, 185, 193, 261, 272 201, 211, 214, 215, 228, 239, 275, 276 Singapore Exchange, 174, 191, 192 Sucden Financial, 229 Sino Golf, 29 Sudan, 188, 199 Skapinker, Michael, 166 sukuk, 65, 66 Smith Barney, 108, 117, 144, 145, 212, Sulayem, Sultan bin, 189 257, 283 sum of parts (SOP), xxxix, 7, 129, 132 Smith, Elliot Blair, 246 Sumitomo Mitsui Banking Corp., 178 Smith, Terry, 128 Sumitomo Mitsui Financial Group, 38 social responsibility, xxvi, xl, 124, 161–167 Sumitomo Realty, 178 socially responsible investors, Summers, Lawrence, 189 investing, xxi, 62, 63 Sun Hung Kai, 206 Société Générale (SocGen), 157, 191, 192 Sun Pharmaceutical Industries, 152 Sodexho, 284 Sun-Sentinel, 283 soft commissions, soft dollars, 242–245 Sunday Times, 54, 231 Softbank, 90, 91 supervisory analyst (SA), xxx, xxxiii, xxxiv, song titles, 93, 265 3, 5, 26, 27, 39, 43, 56, 80, 88, 121, 122, “sounded out”, being, 13, 233 224, 252, 253, 278 South Africa, 164 Supreme People’s Procuratorate, 31

bbindex.inddindex.indd 298298 77/2/10/2/10 7:32:177:32:17 AMAM Index 299

swaps, xix, xxix, xxxv, xxxvii, 16–18, 46, 156, 202 Turner, Lord, 228 Swissco International, 183, 184 Tweedie, Sir David, xxviii Switzerland, xxvi, 95, 189, 208, 247 Twitter, twitterers, twittering, xix, 23, 25, Sydney Morning Herald, 161, 173 43, 87, see also StockTwits.com Tyler, Karen, 139 T Tadawul, see Saudi Stock Exchange U Taibbi, Matt, 228 UB, 173 Taiwan, 124, 151, 272, 280 UBS, xxii, 53, 75, 78, 81, 90, 100, 140, 156, Take-Two Interactive Software, 55 163, 169, 193, 202, 206, 212, 213, 214, Takeda Pharmaceuticals, 162 215, 234, 236, 275 Taleb, Nassim Nicholas, 146, 154 U.K., xxii, xxiv, xxv, xxvi, xxvii, xxviii, xxix, Tambini, Damian, 56, 115 xxx, xxxii, xxxvi, xlii, 8, 12, 16, 17, 19, Tanzania, 207 37, 38, 44, 45, 48–49, 75, 79, 83, 84, 85, Tata, 173 86, 92, 117, 136, 156, 164, 167, 168, 172, TC Pipelines, 206 187, 199, 207, 228, 231 technical analysis, 105–106 Ukraine, xxv Templeton, 70, 112 Ukrainian, 44 Templeton, Sir John, 103 unbundling of commissions, 243, 244 Terra Firma, 156 Union Carbide, xlii Terra Nova Financial, 245 United Airlines, 282, 283 Terra Securities, 143 United Arab Emirates, 66, 188, 202 Tett, Gillian, 155, 247 United Shareholders of America, 171 Teva, 153 University College Dublin, xlii TGC Industries, 206 University of North Carolina, 70 Thailand, xxv, 21, 147 University of Texas, 167, 235 The Children’s Investment Fund (TCI), 17, Unocal, 185 185, 186 U.S., xxii, xxiii, xxiv, xxv, xxvi, xxvii, xxviii, Theodosopoulos, Nikos, 236 xxix, xxx, xxxi, xxxii, xxxiv, xxxv, xxxvi, TheStreet.com, 23, 84 xxxvii, xlii, 3–4, 8, 10, 12, 13, 14, 16, 17, Thomas, Christopher K., 44 19, 23, 28, 29, 34, 38, 43, 44, 45, 47–48, Thomas Weisel Partners, 212, 243, 244 52, 53, 54, 56, 57, 60, 61, 62, 63, 64, 66, Thomsen, Linda, 80 67, 69, 74, 75, 76, 77, 79, 85, 86, 90, 92, Thomson Financial, 44, 256 96, 98, 106, 112, 113, 115, 116, 117, 121, Thomson Reuters, xxxvi, 80, 89, 107 123, 124, 125, 126, 131, 136, 139–141, Tiger Asia Management, 63 147, 152, 153, 157, 165, 167, 168, 171, Tillman, Vickie, 248 174, 177, 178, 179, 185, 186, 189, 193, Times, 38, 222 198, 199, 200, 201, 202, 203, 206, 207, Timmerman, Luke, 78 208, 211, 212, 213, 219, 220, 221, 223, Tingyi Holdings, 51, 52, 163 225, 230, 231, 232, 235, 239, 241, 244, Tobin, James, see q ratio 244, 246, 247, 248, 249, 252, 259, 261, Tokyo Stock Exchange, 38 269, 272, 278, 281, 283 Tolkein, J.R.R., 93 U.S. Justice Department, 85, 124, 126, 140, Toll Holdings, 79, 226 199, 200 top picks, 102, 104 U.S. Treasury, 8, 56, 157, 189, 206 top-pick lists, 109 Usmani, Muhammad Taqi, 65 Toronto Dominion, 194 The Usual Suspects, 93 Toyota, 162, 164, 207 TPI Enterprises Inc., 82 V translations/mistranslations, 278–279 valuations, xxvi, xxxvii, xxxix, xl, 2, 5, 6, 7, Travelers Group, 82 8, 9, 16, 18, 19, 26, 27, 29, 40, 41, 81, 96, Troubled Asset Relief Program (TARP), xxiii, 97, 98, 100, 102, 103, 105, 107, 108, 109, xxiv, xli, 167, 168 111, 112, 113, 114, 120, 121, 122–146, Truss, Lynne, 277 147, 149, 153–154, 157, 161, 163, 167, TTP Communications, 49 176, 200, 204, 223, 231, 232, 236, 241, Tunstall, Steve, 191, 192 255–256, 267, 271, 272, 275, 277, 282

bbindex.inddindex.indd 299299 77/2/10/2/10 7:32:177:32:17 AMAM 300 Index

value and volume, 272 Wen Jiabao, xxvi van der Kamp, Jake, xxxvi, 104, 284 Westphal, James, 235 Vanda, 55 Wharton School, 217 Vanderbilt University Medical Center, whistleblower, 46 xxxi, 92 Whitebloom, Sarah, 56 Vanity Fair, 87 Wien, Byron, 73, 122 verifi able facts, xx, 9, 71, 80 Wiesmann, Gerrit, 175 Verizon Wireless, 227 Wighton, David, 82, 235, 275 Vernalis, 75 Wikipedia, xlii, 66 Vickers, Steve, 146, 151, 193, 205 Williams, Brian, xxxi, xlii Virgin Trains, 275 Wilson, Matthew, 138, 139 Vivendi, 83, 190–191, 208 Wing Hang Bank, 206 Viz magazine, 48 Wing Lung Bank, 206 VNU, 17 Wingecarribee Shire Council, xxiii, 142 Volcker, Paul, xxix Winstar Communications, 108, 145, 213 Volkswagen, 17, 163 Woodruff, Judy, 17 Woolworths, xxv W World Bank, 160 Wachovia, 206, 212, 223 World Council for Corporate Wal-Mart, 166 Governance, 180 Wall Street Journal (WSJ ), xxviii, xxxi, World Economic Forum, xxvi, 189, 247 xxxvi, 35, 36, 39, 40, 57, 76, 82, 89, 92, WorldCom, xxvii, 83, 159, 190 123, 132, 136, 140, 141, 145, 152, 167, Wuhan Xinlande Investment 168, 177, 185, 188, 200, 202, 207, 215, Consultancy, 32 226, 227, 236, 237, 241, 243, 244, 246, WWF-Norway, 63 261, 278 Wymeersch, Eddy, 14 Wall Street Journal Asia (AWSJ ), 56, 73, 284 Walter, Elisse B., xliii, 6, 134, 205 X Waring, Alan, 191, 192 Xinhua News Agency, 21, 22, 32, 167 Washington Mutual, xxiii Washington Post, xxix Y Washington Times, 254 Yale University, 67, 159, 207 Watanabe, Kenichi, xxxiv Yasuda, Ayako, 217 watch list, 46, 47, 225–226 Yes Men, xlii Waterford Wedgwood, xxv Yili Industrial, 164 Webb, David, 133, 182, 183 Yiu, Enoch, 204 webb-site.com, 183 Wedge Securities, 221 Z Weil, Jonathan, 136 Zaibatsu, 178 Weisenhaus, Doreen, 88 Zimbabwe, xxv Wells Fargo, 237 ZTE Corporation, 51

bbindex.inddindex.indd 300300 77/2/10/2/10 7:32:177:32:17 AMAM bbindex.inddindex.indd 301301 77/2/10/2/10 7:32:187:32:18 AMAM bbindex.inddindex.indd 302302 77/2/10/2/10 7:32:187:32:18 AMAM bbindex.inddindex.indd 303303 77/2/10/2/10 7:32:187:32:18 AMAM bbindex.inddindex.indd 304304 77/2/10/2/10 7:32:187:32:18 AMAM