Professor Elam
Accounting & Investing Info for San Antonio A & M
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This short video won the award in its category at the Cannes Film Festival. No wonder. It is less than five minutes long but consider how it grabs your attention and holds you. And notice that there is no dialog. As you know I am big on good communication, this video communicates! The point is,…
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Chuck Kim at Yahool makes this comment about The Dark Knight, which set a new box office weekend record as the market bounced. “I would not take a kid to see ‘The Dark Knight,’ said Chuck. “The Joker and Two-Face alone could give a kid nightmares.” The oft-mentioned violence is not of one of gore,…
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Once again, Tom Sowell Lays the blame where it belongs – on politicians. In this article he explains how politicians are asked to solve problems they created. Indeed, most political solutions are extremely short term as the time horizon for a politician is the next election. Yet many of these are long term problems. And…
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Alert Student Maria Bravo provided this link to existing Accounting Certifications. I will be asigning some research on this in accounting class. Click to see just how many there are. This is reflective of a couple of things. One is that accounitng is a giagantic discipline with many facets. CPA is about an external assurance function.…
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Charles Minard’s depiciton of Napoleon’s march to Moscow is regarded as the best graphic of the 19th century, or perhaps of the alst two centuies. Please click to read the articlle which explains how Minard portrayed six different forms of information on one easy to understand page. Click here for a view of the map…
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Dr. DeBakey made a difference. It is said that most of us are only functioning at a fraction of what we can do. DeBakey appears to be a person who functioned at near 100%. He pioneered surgeries that are now routine. I saw him interviewed on a 60 minutes type show. In his nineties he…
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Toyota will cancel production of the Tundra till spring of 2009 in San Antonio. Gee what a strategic error! Toyota is looking a bit like GM from that standpoint. And they are gong to expand Prius production in Mississppi. This points up the need to have a back up plan and monitor the original plan.…
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John Templeton died at age 95 in the Bahamas. Templeton pioneered investing globally. He emphasized the idea that one should buy good stocks at their most distressed point. An example would be his purchase of Union Carbide after the Bhopal disaster. Franklin Templeton funds proudly bears his name. Franklin was primarily a purveyor of bond…
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www.stockcharts.com www.bloomberg.com finance.yahoo.com www.marketwatch.com www.bloomberg.com
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THe FASB is considering new rules that would pull off balance sheet items onto the financial statements. This would reaquire Fannie Mae FNM and Freddie Mac FRE to raise billions of capital. Now class questionas Why would FRE and FNM be required to raise billions of new capital? What does the article mean when it says…