Professor Elam
Accounting & Investing Info for San Antonio A & M
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Thursday Nov 10, 2016 THE biggest loser in all this are all donors to the Clinton Foundation who will soon learn all about the No Refund Policy. What is your estimate of what the Clinton Foundation will receive in 2017 donations, a fraction of 2015-16 if any I would guess as the Foundation Phone goes…
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Tuesday Oct 25, 2016 This article highlights the growing importance of the Chief Audit Executive. I have highlighted internal auditing in class as a fast growing career path in accounting. Here is more evidence that this is indeed the case. The article notes that a CAE who reports to management may well be stymied. The…
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Monday Oct 24, 2016 Here is an interesting article on high tech in Estonia. Estonia is home to Skype by the way. Gee who knew?
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Wed Oct 19 2016 Big data is becoming a big business Businesses have gone data crazy. You can’t blame them. Streaming, real-time data analysis promises to bring the type of predictability that cuts costs, solves problems and grows sales. That seemed to be the unofficial theme of the Strata + Hadoop World conference held…
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Weekend Oct 16, 216 Bob Dylan Wins Nobel Prize for Literature Bob Dylan, American folk rock musician, lyricist, and author, and generally kind of weird guy, has been named the first musician in the 115 year history to win the Nobel Prize for Literature. Please understand that neither Mark Twain nor Robert Frost ever won…
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Thursday Oct 13, 2016 Caution Political Opinion Follows When Democrats cannot win at the ballot box, the next best thing is to conjure up a lawsuit against the winning Republican. Consider Newt Gingrich Tom DeLay Sarah Palin Rick Perry Ken Paxton
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Friday Oct 7, 2016 Defense Secy fired his former top military assistant for improper use of his government credit card. I was unable to link to the exact story in the Express News so I will type excerpts. Major General Ronald Lewis is alleged to have consumed alcohol to excess at the Candy Bar in…
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Tuesday Oct 4, 2016 An alert TAMUSA student spotted this this ponzi scheme. The amazing thing is that the ponzi scheme is repeated so many times and yet the 'targets' never catch on!
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Tuesday Oct 4 2016 Small Potatoes Dept – Sequin store owner sentenced to one year on jail for SNAP fraud. Nasir Ali, 67, pleaded guilty to charging up to double for amounts purchased under the Food Stamp Program. So at age 67 he gets a year in the pen and restiution of $274K. If one…
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Thursday Sept 22, 2016 We have been following the Wells Fargo scandal. I wondered aloud in class where the Board or the Audit Committee was as this went on. This advisor suggests Stumpf will be gone in a week. Yes there are lots of scandals throughout Wall Street history. But now a depositor is not…