Tuesday Jan 7 2014 Charlie Strong has compiled a great  37-15 win loss record at Louisville. But one of the big financial backers of the UT Austin team, Red McCombs, was shut out of the hiring process. It seems Strong does not have a great record of consorting with alumni booster groups,  which UT Austin has…

MNew Year's Day 2014 After a hiatus during the 1966-19823 bear market, Cosby re made himself with   Bill Cosby Himself This is the best on man comedy show ever and paved the way for his highly successful tv show. 

Thursday Dec 19 2013

Wednesday Dec 18 2013 Spring 2014 is right around the corner which means I am mapping out the Accounting Ethics Class. In the past I have had a movie assigment in the syllabus. I provided a suggested list of movies with ethical themes. Students were asked to view a movie, write and present their review…

Wed Dec 11, 2013 Mary Barra has been named the first female CEO of GM. She has  along history with the company and is an admitted 'car gal.'  Bravo, at least she is not from Proctor and Gamble. Hiring those types resulted in carwith all the appeal of tooth paste. 

Wed Nov 27 2013 Consumer confidence fell to  70.4 from 72.4  a month earlier.  This helps explain the expanded Black Friday retail promotions one sees everywhere. But as a financial radio host remarked yesterday on Cavuto's show, confidence usually moves hand in hand with the  stock market. A confident public buys stocks. A less confident…

Friday Nov 22, 2013 Venezuela or in fact most of the countries in South America should be an economic paradise. Great weather, coastlines, a long growing season, natural resources, indeed a continent untouched by the World Wars of the last century.  But the continued love of socialism has remanded these to perpetually be the countries…

Posted Monday Nov 18 2013 Ericka Barrientos, campus rep for Gleim Reviews, presented this past Thursday  afternoon.  We have multiple collections of the Gleim review books on reserve with our business librarian Tammie Woodward.  Kimberly Ford CPA spoke that same hour. She presented an really interesting story on the evolution of her firm Hill and…

Weekend November 17 2013 We study Total Quality Management in Managerial Accounting. My weekly newspaper column illustrates the difference between the Government's roll out of the ACA and what is happening at Hyundai.  It’s Time for the Change Barrack Promised ‘We’re going to fundamentally Change America.’ Candidate Barrack  Obama, 2008 We’ve had some Glitches in…

Weekend November 2, 2013 Tesla TSLA is trading at a 274x price earnings ratio.   We are studying the contstruction of earnings per share which forms the denominator of the p/e ratio. Do you think this might be a little pricey?  Investors are paying $267 dollars to purchase one dollar of TSLA earnings.