The San Antonio Chapter of the Institute of Internal Auditors has an active website. CIA Certified Internal Auditor is a well respected certification, note the international activity on the IIA site. I will be updating you more about this important certification.  I is not a state license but a recognition by a private organization.

You are about to witness and live through a once in a lifetime experience. The major averages have now lost one half of all their gains since the 1931 stock market low. The Dow bottomed at 41 and then advanced to 14,000 in 2007. I traded below 7,000 today.  But we are not at THE…

You and I put another $30 B into AIG. Now loans will be repaid with shares of insurance companies. Apparently some of this 'loss' is actually a write off of non performing 'investments.'  This is another firm losing money with its credit default swaps.  

Chick fil A is offering free breakfast in SA and New Braunfels on Thursdays before 10:30 AM in the month of March.  We previously reported that Denny's offered a free breakfast. Selection is limited of course but no coupon necessary. Clearly these retailers are trying to initiate a pull strategy to bring in customers.  This…

Dell  is on the downside of the product life cycle. That is the hard truth of the matter, a computer is a commodity as surely as  televisions are commodities these days..  But the article fails to mention that instead wishing that Michael Dell could put on his Wizard Hat and put Humpty Dmpty whole again.  it…

I am of course describing the result of 9/11. Flying is not fun, I am amazed there are as many flying as there are, count me out in the future.  I just got back from the American Accounting Association meeting in Oklahoma City.  Airports are  a hassle as one poked, prodded, de shoed, you dare…

Warren Buffet has posted his annual letter to shareholders. for 2008.   This was the worst year in Berkshire history since present management took over.  i am not up to reading it on a computer screen tonite, it is about 20 pages long but I am sure well wroth reading.  Here is an update on…

Tom Sowell wonders what it would take to get us to surrender. He muses that it took two nuclear bombs to finally turn Japan. This is true but the vote was actually 3-2 with the Emporer casting the deciding vote to give up. The generals incredibly wanted to fight on. This was their  conclusion after…

Okay I am making it official, I am predicting that Warren Buffet will soon lose his legendary status Has anyone noticed that Berkshire Hathaway has lost half its value, since October? .  Since September 2008, BRK/A has dropped form $145,000 to a low of $75,000. It rallied along with the banks on more bailout promises…

I have distributed a list of posts on this blog about the Dallas Independent School District.  The reason was to demonstrate just how out of hand a large district could become both finanically and ethically. Well, now Mayor Tom Leppert may want to take the DISD over. This was a surprise to DISD and the…