Professor Elam
Accounting & Investing Info for San Antonio A & M
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Category: Economy
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Monday Jan 24, 2011 Since the bail out of banks in 2008,we seem to be going the wrong way, the TBTF Too Big to Fail Banks are getting even bigger. Jesse's Cafe takes a look at how the percent of assets under the control of six major banks has soared since Glass Stegall was repealed. Do you…
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Sunday Jan 23 2011 The cemetery is full of indispensable people Charles DeGaulle DeGaulle of course never thought that about himself but it is an interesting quote when considering Apple. Fast Company has this post on eight potentials, answer, none of the above but I found it interesting to read who is on the big time Apple…
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Sat Jan 22 2011 Well now what, it seems the Palm Islands are sinking. Gee what's a multi millionaire looking for that uber luxury get away, not cursed with low price stigma, to do? The famous Palm Islands constructed off Dubai seem to be silting up and sinking into the sea, Atlantis II perhaps? Is this a…
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Monday Jan17.2011 States are desperate for cash so Texas turned to vanity license plates. Last semester I had a post on unusual businesses, this one is really innovative. The hyperlink takes you to the auction, complete with Dallas Cowboy Cheerleaders of course, for high priced plates. Folks bid up to $10,000 for plates about their favorite team,…
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Tuesday Jan 11 2011 This author makes that case that this could well be the top for Facebook. The insiders are selling the company, to well who else, Goldman clients Like spacebook and AOL, this could be the top rather than the start of something big.
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Monday Jan 10 2010 This article on Bill Daley makes the point that the banks have now taken over the White House. The size of six big banks has risen from 17% to 64% of the GDP, indeed way too big to fail. Clearly the Frank Doddd bill did nothing to stop the growth of these…
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Sunday Jan 9 2010 Facebook apparently wants to raise money by going private. But is it worth 25x revenues? Yes Google and Apple are big successes, but such stories are the exception. Read the story to get an idea of how fast Facebook would need to continue to grow to be worth this kind of valuation.
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Sunday Jan 9 2010 Do you know Lynn Tilton? After leaving Wall Street, she began buying distressed debt. She realized she would need to run the companies herself to really gain anything. I can testify to that having been a bankruptcy trustee, the debt is distressed because the owners do not know what to do. She…
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The Dean of the Arizona State Business School makes some excellent points here. Note his observation that we have way more government than the reduced manufacturing sector can support. We will be discussing your future in class this semester, this wold be a good article to print and re read during the semester. l
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Dec 14 2010 Steven Hsu, a physics professor at the University of Oregon, blogs here http://infoproc.blogspot.com/ I think you will find his revelations about Chinese life, such as the 'ant colony' most interesting.