Here is an example of cost cutting unintended consequences. .   Yep, it’s our old friends at WMT back in the news again.  WMT publicly announced that it would throttle back on ‘minor’ shop lifting  to focus on major shop lifting rings.  KA JING!  And so ‘minor’ shop lifting has been  lifted, so to speak, the…

I urge students to read different sources about the news.  Then of course, one has to conclude who knows and who does not.  Here is an example of what I term an Alfred E. Neuman What Me Worry  column.  Alfred you will recall is the fictional character of Mad Magazine.  This particular article assures the…

I will likely be at the British and European Car Day  at White Rock Lake this Sunday. but then I have learned my lesson, look don’t buy!  Sadly Ford is coming to grips with its lesson.  Now Ford want so  sell its Premier Auto Group , which has only been premier in losing money.  This…

Here are a couple of articles to check out. First is The Real Cost of Offshoring in B/W.  Seems that the nubmers for GDP are not being counted right.  Next is a story I cannot relocate on finance.yahoo but the upshot is, M-1 the ready supply of money is declining.  The theory of M-1 and…

Well here I go again, stressing the importance of DESIGN. Check out this article on the design of the new malibu. GM does not have as much money to spend but needs to compete in this market, will their design win folks over-check this one out.  And by the way, have you noticed that great…

Those automotive Whiz Kids Click and Clack used to pontificate that they were going to offer a Capital Depreciation Fund, guaranteed for a loss if that is what one wanted, it would so simplify portfolio management.  Well wouldn’t you know it, farce become reality as Bear Stearns has done just that. BS (hmm, interesting abbreviation…

Well let’s check in on the DISD, first it was the credit card scandal, then the fixing of a computer services contract, now it’s cheating on the TAKS test, but to their credit, not just in DISD.  Here is the story from the DMN in depth study.   It is allso interesting to read how the…

Here I go again on the importance of DESIGN.  A lead article in the current Business Week discusses the culture at 3M.   3M  has been known as a creative company famous for innovative solutions, like the Post It Note, or sticky!  So how do you continue to innovate and do it on a budget, Good…

Here is an interesting article from Career Services at the Univ or Michigan.   Please note that the career development officer states that communication skills and the ability to lead are seen as all important. This is why we had oral presentations in class. This is also why I harassed,cajoled, encouraged, urged, jumped up and down,…

I mentioned an article during the grad class that laid out the real Ford balance sheet, the writer concluded that there was no value here.  And so here is another contrarian opinion suggesting that neither Ford nor GM is worth anything.  This writer mentions that a rumor has been floated that the Ford family might…