A few posts back I mentioned Twilight, the wildly popular vampire series about a girl with a vampire boyfriend. I linked this to the donwturn in markets, ie, popular culture refelcts and drives the economic evniroment. Some of you doubted the causality. Well, guess what Dead Until Dark  is another populare vampire series again featuring…

Boeing like other companies is trying to move away from the defined benefit plan, but of course the union wants one.  And no doubt AIRBUS with a lot of European employees has one.  And so Boeing is caving and apparently going along with the idea rather than face a strike. I would say this is a…

Kindle is Amazon's electronic book reader.  Go to Amazon.com to take a look.  I have written about this on the blog, both Sony and RCA have tried marketing elec book readers without much success. Now AMZ has sold $100 M of the $360 device since last November.  AMZN is now buying websites that feature used books…

The number of people taking the GMAT is the best indicator of grad business school enrollment. College enrollmentis actually counter to the economy. Economy down people rationalize they might as well be in school as htey cannot get the job they want now anyway.  The hyperlink describes that this is the fourth year of increased…

Okay amid Michelle Obama's speech, Russia's incursion into Georgia, trhe housing slump, what is it that has Americans riveted with attention, well you might have missed this were it not for the blog but American Idol will add's  a foruth judge next season. Actually I do have a few observations about this. Resistance to New ideas…

Jeff Skilling former CFO of Enron, has his 25 year conviction on appeal. IN short order the Court of Appeals wil decide whether he shoudl be a free man. Frankly I would think he would do better on the outside preaching about the lack of board oversight and external accounting audit failures as Barry Minkow (ZZZZ Best) does. But this…

Observers at a Conference suggest that the FED is too closed to Wall Street. It is therefore too prone to bail out bad decisions.  Good point, I just mentioned in the last post that large insurance firms did not engage in such folly. Yet the FED has 'bailed out' Bear Stearns.  I also mentioned that Congress…

Readers will redcall that Erin Callahan was ousted as the Lehman CFO when she failed to 'rally investor confidence in their financials.'  Apparently she should have spent more time studying cheerleading in college and less in finance. But I digress… Now Lehman CEO Fuld faces a rebellion. LEH is down 80% this year. We are reading…

THe collapse of the oil prices in 1986 resulted in virutally everyhttp:/bvank in Odedssa, TX failing. The FDIC was created as a resutl fo the Craqsh of 1929.  FDIC stands for Federal Deposit Insurance Corporation.  It insures customer deposits to a ceiling level. Amounts in the bank over this amount are not insured. Columbian Bank had…

On reader asked that I post some comments on the situation in Georgia, okay let's do that. Basically this calls into question, exactly what is the role of the US foreign policy  or military policy (we have been in Iraq longer than we were in WW II) What is the role of NATO How do…