Professor Elam
Accounting & Investing Info for San Antonio A & M
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Category: Financial Acct
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Logistics is is the study of how to move people and equipment in the most efficient manner possible. No doubt there are better definitions but that is the essence of it. FEd Ex and UPS study such things reaching conclusions like, it is much more efficient to make right turns, left turns waste time waiting…
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Friday Jan 15 2009 Red and black bars are the TLT a fund of 20 year bond prices. The black line is the SPX. The blue arrows spotlight how each is opposite the other at price extremes. Back at the November low, money scurried into bonds as stocks sank. This has continued to happen…
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Thursday Jan 14, 2009 Jean Jennings, editor of Automobile, announced that Ford will overtake Toyota as the number two automaker. Well, what about the $25 B in debt Ford has? We study earnings per share and potential dilution in Intermed II. This article points out that Ford has granted 362 million warrants which can be…
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Wed Jan 13 2010 The latest revelations about communications between Treasury Secretary Geithner and AIG Now there are calls for his removal from office if not prosecution for securities law violation. We have linked to many articles the last few months about the behind the scenes shenanigans involving the various bailout schemes. But the gist…
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First, remember that CPAs lost their ability to regulate themselves withe the passage of Sarbanes Oxley. The Board making the rules now has a majority of non CPAs. And the PCAOB's budget is determined by the SEC, and as we know, he who makes the budget makes the rules. Now the IRS will register all…
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This author argues that if Bear Stearns had not been rescued, a larger crash would not have happened. Well the better read is the comments show to the article. AS the first post says, that way the fails would have happened the next day all over the world, and it is hard to see how…
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This article explains how the finance lobby has come to dominate Congress. It is also a simple explanation of how the derivative market grew and still threatens the financial landscape. We will be including this article in our modules on derivatives in intermediate II accounting.
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An Easily Understandable Explanation of Derivative Markets: Or, How the unemployed bought $300,000.00 homes. Heidi is the proprietor of a bar in Detroit. She realizes that virtually all of her customers are unemployed alcoholics and, as such, can no longer afford to patronize her bar. To solve this problem, she comes up with new marketing plan that allows her customers…
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the US Tax System is all about social policy, it is not about collecting revenue. This article makes that clear. The Administration has favored athletes, writers, and performers but does not seem to like investors. Will this work come November?
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The Banks in Canada did not go bust as they have in the US. The housing market did not go bust in the spectacular fashion of the US, though it is way up now given their resource based economy and the strength of the loon versus the buck. This article by the Cleveland FED examines the…
Professor Elam 