An unauthorized collection of the records of Alternate Energy Holdings, inc., its principals and subsidiaries, and their antics, trials, and tribulations
Quick Links and Resources
- Idaho Samizdat Article on Amended SEC Complaint
- Roanoke, VA News on AEHI
- Latest Idaho Samizdat Article on AEHI
- Betsy Russell's Eye On Boise Story on AEHI
- Feb 1, 2011 AP Story in Statesmsan on New SEC Docs
- Randy Stapilus on the Hearing
- Boise Weekly Article
- Streetsweeper- Alternate Energy: Power Stock or Toxic Waste?
- Streetsweeper- AEHI The Story, the Holes, and the Secrets They Hide
- Streetsweeper- Alternate Energy: Another Radioactive Stock Pick?
- Another Blog About AEHI Spin
- OTC Info Page [Link recently removed from AEHI webpage]
- AEHI Facebook Page
- AEHI Documents with Payette P and Z Commission
- Idaho Repository (Court Case Search)
- Securities and Exchange Commission AEHI filings
Thursday, May 5, 2011
Dude Book Review: Three Cups of Deceit
Jon Krakauer's new article/e-Book Three Cups of Deceit: How Greg Mortenson, Humanitarian Hero, Lost His Way, has some very interesting tales of Mortenson's misuse of funds, misuse of trust, and an aversion to being held accountable for his actions while claiming to build schools in Afghanistan as described in his book Three Cups of Tea. Page 68 has an analysis which will sound all too familiar to followers of the AEHI saga: (emphasis added)
"During the past several months, as I came to grasp the magnitude of Mortenson’s deceit, I felt ashamed at being so easily conned. How could those of us who enabled his fraud—and we are legion—have been so gullible? Ted Callahan attributes the uncritical acceptance of Mortenson and his shtick to the seemingly endless war raging in Central Asia. “The way I’ve always understood Greg,” Callahan reflects, “is that he’s a symptom of Afghanistan. Things are so bad that everybody’s desperate for even one good-news story. And Greg is it. Everything else might be completely fucked up over there, but here’s a guy who’s persuaded the world that he’s making a difference and doing things right.” Mortenson’s tale “functioned as a palliative,” Callahan suggests. It soothed the national conscience. Greg may have used smoke and mirrors to generate the hope he offered, but the illusion made people feel good about themselves, so nobody was in a hurry to look behind the curtain. Although it doesn’t excuse his dishonesty, Mortenson was merely selling what the public was eager to buy."
The book is a great read- it is filled with many, many more specific examples which have an uncanny similarity to AEHI's antics over the past couple of years.
The Dude recommends.