Professor Elam
Accounting & Investing Info for San Antonio A & M
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Thursday Dec 8 2010 While we are arguing about extending tax rates, the Chinese are building infrastructure, check out photos of these train stations! As the article says we are fighting pointless wars in Afghan, the Chinese are building infrastructure.
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Friday Dec 3 2010 This article from the New Yorker shows that Las Vegas has come to Wall Street. Most of the 'banks' are now simply gambling houses. Only a minor amount of income results from raising capital, most comes from 'trading' but in a way that you or I will never be able to do. I…
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Tuesday Nov 16 2010 Even as recorded-music sales have plummeted, the Beatles have remained one of the most reliable franchises in the business. In 2009, 39 years after breaking up, they sold the third-highest number of albums of any act in the U.S., according to Nielsen SoundScan, with 3.3 million copies sold. EMI, the parent…
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Sunday Oct 19 2010 We suggested that the Tesla IPO was way over priced, now comes a reality check. Great point point on managerial accounting The auto industry is all about scale, and no auto maker has ever been able to sell cars for less than $100,000 in volumes below 10,000 and been able…
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Sunday Sept 19 2010 Bernie Marcus founded Home Depot. ON CNBC he holds forth on excessive regulation cap and trade health care lack of jobs for college grads the national debt A Must See.
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Download Dennis
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Wednesday May 19 2010 A Credit Default Swap is an insurance policy against someone defaulting on a debt. But a real insurance policy requires that a person have insurable interest in the event, ie, I cannot buy a fire insurance policy on your house. However anyone can buy a CDS on just about any default…
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Monday May 3 2010 I mentioned that Goldman is in a situation much like Drexel was in the late 1980s, this article reviews the similarities.
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Tuesday April 27 2010 The National Review Online examines the Dodd bill. Surprise, political favors are always wrapped in serious sounding phrases like 'reform', with thousands of lobbyists in Washington, do you really think they are going to reform things for you and I?
Professor Elam 