Category: Uncategorized

  • UPs programs its routes for right turns.  And saves time and money in the process.  This is  a great example of how to eliminate non value added activities.  I saw the story on abc news but abcnews.com does not put the story up till after the six o clock news, at least I could not…

  • In response to student demand we are opening Room 201H for general access computer use immediately. For the rest of this semester we will work around classes scheduled in that room. For future semesters this room will not be in the classroom inventory. This lab will have special restrictions enforced: No cell phone use, no…

  • Click here to read about the 13% tuition hike at A & M.   This is for College Station, the small schools that make up A & M ‘s real ‘minority population’ are not at $4,000 per  semester.  About three years back ,the Legislature allowed the schools to start setting their own tuition. And of course…

  • A tip of the bloggin hat to Jason Raper who found this article about our friends, the airlines.  What a classic TQM, CQM, Six Sigma disaster!  But as usual LUV scores the best and folks like UAL are doing the worst. What is interesting is that the same names usually appear on the best lists…

  • At least three items are in the DMN this Sunday 4/1/2007 concerning accounting and or tax issues.  You will recall that Arthur Andersen collapsed in the wake of its failed audit of Enron. Since then KPMG has paid the biggest fine ever (about $450M and not tax deductible) to the IRS for promoting alleged fraudulent…

  • Gee now the would be rich are being foreclosed.  Click there and learn about $1M + foreclosures. Seems the Wall Street boys are in trouble again, this time. I don’t know that every new wing ding idea on Wall Street goes bust, but a lot of them do. The latest idea which is not a…

  • Wed March 28 was a tough day for home builders like Lennar..  We study accounting to learn how to judge the financial well being of companies.  I have been discussing the weakness of the home building sector and the sub prime lenders. Now the stock market is down for another week after the 8% one…

  • Chrysler is the company that barely makes it in good times and nearly goes bust in bad, here we go again.  Lee Iacocoa re made the firm then Daimler bought it and now it is for sale for a fraction of the  price that Mercedes paid for it.  Read the latest about the April 4…

  • One of the modern classic textbooks in economics was written by Paul Samuelson, we used it in my Econ course. In this article Prof Samuelson holds forth on the Panic of 1907 and how fear of default could raise interest rates.  Good reading. We have discussed globalization and how Western Europe is now lagging Eastern…

  • Have you ever read INC magazine?  Well, here is a link for an interesting story about doing business in the Soviet Union.  Howard Dahl has survived two ruble collapses and the move from Gorbachev to well, whatever kind of economy they have now.  Siberia, think Minnesota.  The current issue of INC is all about globalization…