Media companies have been battered by the rapid change in technology.  I noted that NBC is radically cutting expenses.  Terrestrial radio is losing customers to iPod, satellite radio, and internet broadcasts.  So why is Mays Group  considering a buyout of Clear Channel?  CCU has hired Goldman Sachs as an adviser.  And trust me at GS…

The last job that Ms. Fastow had at Enron was Art Collector, she had formerly been a tax preparer, and preparing false returns sent her to jail in downtown Houston for one year.  It is important to remember that for a public company, the statements are public!  Atmos Energy  was reminded of that this week…

I am having trouble using the mail function of web ct today. For those of you in the Fin Statement Analysis class I have posted a Futures Toolbox on WEB CT. The outline contains a link to a good description of the Amsterdam stock exchange in the 1600s. Please read that. In addition there is…

Yes I am back at it again, preaching the importance of design.  Another objective of the blog is to get you to expand your dimension of what is possible. What with computer aided design CAD, it is much easier to go from concept to final product than ever before.  A case in point is the…

Okay that was Business Week’s description of the current feeding frenzy of private equity firms stripping assets out of acquired companies.  Consider how three gourps collected $1 billion just six months after buying Hertz form Ford for $15 B.  with the dividend the trio earned back almost half of the $2.3 B they put up…

Okay we have talked about all the problems Ford has, declining market share, legacy costs, too much emphasis on gas guzzler vehicles, too slow a turnaround, so what’s Ford to do?  Welcome to Ford  Bold Moves . Com  hmm, shall we try the truth for a change?  Well judge for yourself.  this site shows the…

Oscar Hernandez asked a good question.  Why build an inland port with all the necessary unloading of a ship, cross country transport, unloading, storage, and then loading again only to finally unload at the end destination.  Doesn’t cost accounting teach up that Just in Time seeks to minimize setups (okay Oscar didn’t go that far…

You have three choices Sell assets and raise money Declare Bankruptcy Falsify the reports and problaby go to jail ‘Surely someone knows where the money is?’ Okay sounds like a ex parte conversation between Skilling and his lawyers, but nope, it’s the start of the new series on ABC, Brothers and Sisters.  Seems Dad has…

I have previously mentioned that market tops are inclusive, we see lots of mergers.  The two Chicago Exhcanges could never get together because individual memebers opposed it.  Now that each has gone public, a merger was possible. This proves that it took a special happening to make this inclusion happen.  And inclusive it is. The…

Everything is going well at your firm which has expanded into using internet customers to move away from traditional stores. Indeed, some 10,000 orders are coming in a day keeping your network of servers and telecom folks busy 24/7.  And then it happens.  Later investigation reveals that a hacker outside the USA, typically Eastern Bloc,…