Selling America Short: The SEC and Market Contrarians in the Age of Absurdity
“Readers with a taste for skulduggery won’t be disappointed. Sauer’s war stories slither through letterbox companies, a suspicious Bulgarian government contract and documents dumped onto a roadside garbage heap.”—James Pressley, Bloomberg News, May 2010“Sauer’s informed (he was an SEC attorney before he joined a hedge fund) and detailed set of stories will make you sick, but they’ll also make you appreciate what a no-win position the Feds occupy in America’s—and the world’s—byzantine financial regulatory schema, not to mention how the bad behavior of Goldman Sachs took down a hedge fund on the cusp of making a bundle for its investors thanks to prescient bets on a financial crisis. … Get a hold of it and start reading.”—Jeff Matthews, jeffmatthewsisnotmakingthisup.blogspot.com, May 2010“A must read for everyone who wants to know something about the SEC, short sellers and fraud.”—Seeking Alpha, October 2010