Maria Bartiromo says it is the most powerful group of business folk in the world, and she’s right. This article is a good example of the movies and book on your review list.  The article concerns Mike Milken’s Global Investment Conference.  This tenth annual event has gathered the most powerful hedge fund managers in the…

George Will tends to multiple syllables to make his point but is usually a good read.  Here he reviews a book that asks whether we are not being naive in assuming that because a few Chinese are enjoying capitalism, eveyrone will enjoy it.  As the writer remarks, visitors return from China remarking on the absence…

At the end of Men in Black, the young lady remarks that Tommy Lee Jones and Will Smith certainly have unusual jobs. Here is a story on truning the hobby into a business.  And isn’t that what we all want to do?  Yep, it is time share for exotic car drivers.  I know I would…

Reading articles written outside the United State gives one a new perspective.  The Guardian  is a British publication.  This is an article written by a French (from France, not teaching French) professor teaching in England.  He wonders how could anyone say France is socialist and then lists the left wing candidates as coming from the…

Reobert Samuelson  looks beyond the usual inflation numbers.  Well  oil is up and so we tried to substitue ethanol for oil which pushed corn prices way up.  With corn up producers found it hard to feed cattle and poultry so that production is down. But demand did not go away so prices for meat and…

The point I am trying to make in the last few blogs about for example VW’s fall is that when someone, something , some trend seems never ending and invincible, that is about the time the trend turns Consider these changes in my lifetime Sears-Where America ShopsWoolco, K Mart, Gibson’s in Texas, now WMT mid…

Honest, Michigan Gov Jennifer Granholm appears on a video at the Shanghai Auto Show. She is exhorting, ah er ahm, China? to invest in Michigan.  Or I supposed anyone that wants to invest in Michigan. I have mentioned that Michigan now ranks Number One in losing jobs as a state. They have hired Jeff Daniels,…

Wacey quoted yours truly as saying that VW was trying to make a comeback with its current Yaris type ad.  I did a Google and came up with this chart for Year 2005 sales in the US.  Click to read the results.  VW is 19th of 20, ahead of Saturn.  I agree with Wacey that…

Click on Wal Mart to learn the latest about how smiley is now frowny face.  Gee just yesterday everyone was worried about WMT taking over the whole country, now they can’t seem to compete with TAR SHAY!  This is a business in its mature phase, lots of good managerial accounting points in the article, notice…

While this BW article calls it Stupid Accounting Tricks I would say it is emblematic of all the stunts we have seen in the corporate sector. We study managing earnings in accounting. Now candidates are managing everything from contributions to attendance.  For exmaple, knowing how much money was raised the first quarter put the pressure…