Professor Elam
Accounting & Investing Info for San Antonio A & M
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Monday Oct 12 2015 Dell is buying EMC for $67 billion. No doubt negotiations started months ago when the Dow was at an all time high. Mergers are inclusionary and reflect optimism on the part of both parties. That is why mergers and acquisitions happen at market highs. Mergers at market lows are more like shotgun weddings,…
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Monday Sept 21, 2015 VVW stock drops 18% the day it admitted rigging US emissions tests. This is classic corporate bad behavior, knowingly and intentionally breaking the rules. Did they really think they would not be caught? GM agrees to pay $900 M fine over ignition switch disaster. the GM culture of never too cheap has…
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Weekend Sept 20, 2015 Learn how Mongolian Hunters train Golden Eagles to kill and retrieve!
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Tuesday August 25, 2015 I mention in class one can join IIa as a student member for $35. Here is a sample of articles from the current issue of IA magazine. The theme of this issue is cybersecurity. As you can see this is a well done informative publication.
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Tuesday August 25, 2015 I made this comment over the weekend to a the Director of the Socionomic Institute from the tv review section in the sunday paper regarding Fear the Walking Dead Unlike Rick and his crew, the folks we will meet on Fear are not seasoned survivors. They are a diverse group…
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Thursday August 20, 2015 Revenue/Regulatory Accountant (27721) Accounting & Finance – Texas – San Antonio POSITION SUMMARY: Performs a variety of moderately to highly complex Revenue/Regulatory Accounting activities in accordance with policies, principles, standards and regulatory requirements. KEY RESPONSIBILITIES: · Perform monthly Revenue allocations and distribution. · Prepare monthly account reconciliations. · Prepare monthly journal entries. · File…
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Tuesday August 18, 2015 Another Socialist Fantasy bites the dust. The currency of Venezuela is now so cheap citizens use if as a napkin. Hugo Cavez ran the economy into the ground and the current administration is finishing it off. South America was untouched by two World Wars. It has a wealth of natural resources and…
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Weekend August 8, 2015 John Agresto has a piece in this weekend's WSJ in defense of liberal arts and what he thinks is wrong with its teaching. Here is my take. The idea of a liberal arts education might be a good one, if in fact we can find a student who has learned anything…
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Thursday August 6, 2015 Here is another down report on McDonalds MCD. The chain has had lower results for multiple quarters. Now who does this remind you of? Hmm how about General Motors Toyota Wal Mart At some point bigness breeds arrogance and the firm becomes oblivious to its mistakes. The reaction is to ignore…
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Tuesday Aug 4, 2015 The new poll of 1,000 adults was conducted July 26-30 It found Americans in a darker mood than when the last Journal NBC News poll was conducted unnamed June.65% say the country is on the wrong track. That is about the same percent as 1992 when Perot ran (71%) and in Sept 2007 (63%).…