Homework Manager has been enabled for both these classes.  For ACCT 3120 http://mh2.brownstone.net/classes/Acct3120-Sec091/ ACCT 3270 http:/mh10.borwnstone.net/classes/Acct3270Sec090/ You must first sign up and get a password on the regular textbook site, it is the tab on the left that says Homework Manager. You want the $15 option, the more expensive option includes the on line textbook.…

In  the current Business Week Maria Bartiromo interviews Ken Lewis, CEO of Bank of America BAC.  BAC had just bought Countrywide CFC mortgage. BAC had previously invested $2 B in CFC via preferred stock. He said no they were not worried about their $2 B as it was in preferred but thought they strategically ought…

A bubble refers to excess speculation in a market. The bubble finally bursts leaving investors holding as they say, the bag.  Here is a story on how vaunted Lehman Brothers was scammed for inflated properties.  Every bubble brings such fraud schemes.  In the 1920s cunning con men created phony companies or mis represented earnings. in…

India dropped 11% during trading today and European exchanges are down 4-6%.  The DOW was only down .5% here Friday but clearly the recession contagion fears have spread. The worry is that the US is now THE export market for Asian goods. A recession here mean less demand for goods there. Ben Stein weighs in…

One of the most important things about a good presentation is the ability to put complex information in a form that is easily understood.  Rather than use a long table, this author presents World per capita GDP  in the form of a map. Take a good look at the Pacific Rim.  Note that Japan and…

Gerge Will weighs in on the need for stimulus.   Is there really a recession?  Yes there are predictions but will we have created a problem and solution before it happens?  As George observes, Congress loves a crisis because it gives them an excuse to ‘solve’ a problem. Meanwhile Rahm Emanuel favor yet another New…

About one year ago on February 2, 2007 we noted the beginning of Chuck Norris World Combat League.   We were startled at the mix of reverence for the non violence of Dr. King coupled with the kick off ( no pun intended) of perhaps the most violent sport yet. We suspected that this turn…

Pleae read Mario Bartiromo’s interview with Ken Lewis, CEO of Bank of America.  You will recall that Bank Of America BAC bought Countrywide Finance CFC with a stock purchase. That is ,they exchanged .18 shares of BAC stock for CFC stock.  Previously B of A had invested $2 Billion in CFC. Maria asks if BAC…

Plea read Mario Bartiromo’s interview with Ken Lewis, CEO of Bank of America.  You will recall that Bank Of America BAC bought Countrywide Finance CFC with a stock purchase. That is ,they exchanged .18 shares of BAC stock for CFC stock.  Previously B of A had invested $2 Billion in CFC. Maria asks if BAC…

Given the number of students in Intermed I and MBA, let’s have you write one article and post it and write one comment on someone else’s  article, the higher enrollment will not make it possible for you or me to read them all.