Professor Elam
Accounting & Investing Info for San Antonio A & M
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Avbout a year ago I opined that the next grfeat disaster after housing would be casinos, gee I wish I had acted on that speculation by buying some puts Check out LVS or MGM. Las Vegas Sands LVS owns casions both in Las Vegas and in are you ready, Macao, People's Republic of China. The…
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I ran across a great article on the market. This hedge fund manager explains a lot about what is going on. I found the comments about Lehman particualrly interesting. It has restricted access to securities in their hands in england, forcing other sales in the US. Rarely does an article in the popular press get it this…
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Teh Big Three Failed their presentation, big time. Even though Rick Waggoner started out in Treasury he could nto explain how the $25 B would be spent, or how long GM has or, well, they blew it. On top of that, all three flew in separate private jets, from Detroit. Bad PR guys. and when…
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Larger universities are constructing so called 'trading rooms' for students. Actually these are not much more than just a computer lab with say two instead of one computer screen. And the idea is that one can access some sort of database as though fundamental analysis will get a correct answer to stock value. Well in…
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I might appoint John Stossel as Minister of Common Sense were I Barack.John examines the on and off again TARP plan. He is certainly right that injecting uncertainty caused the Depression to be ongoing right to WW II. And we can see that now. One day Paulson is going to buy mortgages, the next inject capital, and the next…
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August 27, 2008, I predicted success for True Blood, HBO's series about vampires coming out of the closet. Sure enough it is avearging 6.8M viewers sunday nights. I observed this was a predictable socinomic trend, people turning to the dark side. While some of you have wondered on the blog if this was true,…
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Laura Pantrano, Student AffairsDirector and Tracy Hurley, Director College of Businss wer among many from the campus at the Fair held on campus. Take a look at the Photo Album we posted on the left hand side of the blog!
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Britain tried the same bailout with British Leyland in the 1970s and 1980s that Congress is considering with GM. Leyland folded after losing that money. Ford did buy surviving Jaguar and lost half its investment and sold to Tata. Land Rover went to someone else and is still an iffy company. But the French and Italian experience wtih Renault…
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Okay don't take my word for it, try the Roger Ebert review. Transsiberian is the story of four people on a train. But this is an unusual train, the longest ride in the world for eight days from Beijing to Moscow. It is what Hitchcock would be making were he still alive and that is…
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7:10 AM Sunday Nov 16 Television Ad If your anti depressant just isn't enough, consider adding ABILIFY! In cases of suicide thoughts…. Well there you have it, things are already so bad, one anti depressant just won't do! Worried Americans already on their first anti deprewssant, are urged to add a second drug to their…