Wed March 2, 2016
Former CHK CEO Aubrey McClendon dies in single car wreck.
This occurred a day after her was indicted for rigging oil and gas leases. He was 56. Police noted he drove into an embankment at a high rate of speed.
Professor Elam
Accounting & Investing Info for San Antonio A & M
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Professor Elam
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Professor Elam
Tuesday March 1 2016
Tutor Mandy Student
Location Brooks Room 104 on far northwest corner of Brooks
Monday 3 30 – 5 30
Tuesday 11 00 – 5 30
Wednesday 10 00 – 2 00
Thursday 11 00 – 5 30
BUAD 3301
BUAD 3355
Fin
3337
Mgmt 3320
Acct 3301 3302 3303 3304
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Professor Elam
Monday February 29 2016
Brianna Casillas, Yarisa Ramon, Demetrius Williams were student volunteers at the SA IIA second annual I Love Audit conference.
The day long conference was held at the La Cantera Conference Center on the west side of I 10 north. A full day of speakers and multiple break out sessions were on tap. Some 300 attendees had signed up prior to the early bird deadline.
We met some new friends as well as existing ones.In the photo to the left we have Beth Hair on the right, CEO of Aventine Hill and a principal sponsor of the Conference. Beth attended our last Accounting Advisory Committee meeting here at Brooks.
The lunch speaker was of special note. Dan Thurmon combines gymnastics, juggling and yes riding a unicycle with motivational speaking.
No we had not seen anything quite like it either.
TAMUSA Graduate Crescenio Davilla is now with Robert Half. It is always great to visit with our former student ambassador to the Board of Regents.
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Professor Elam
Weekend Feb 28 2016
Socionomics mood is patterned on a robust fractal formed by the Elliott Wave Model. Here is a look at research on how fractals occur in nature.
Here is a look at fractals in nature and markets.
Negative mood results in more crackdowns on individual freedom. Alan Hall saw this coming in 2010. Now we are literally being strip searched at the airport and cash is being confiscated at traffic stops.
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Professor Elam
Weekend Feb 27
Check out this letter from a YELP employee attempting to live in San Francisco.
Ricardo Pimentel the editorial director of the SA Express News vents his disgust with Texas every Sunday in his op ed. Gee, would you prefer California Ricardo?
Charles Hugh Smith calls the letter a teachable moment.
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Professor Elam
Tuesday Feb 23, 2016
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Professor Elam
Monday Feb 22, 2016
Victoria's Secret CEO Charen Jester Turney abruptly resigned last week.
Seems uber skinny models are not in vogue as they once were. A super size model in in the latest SI Swimsuit issue. Perhaps younger customers
work out to keep fit rather than attain some centerfold type shape.Whatever, things are changing at VS.
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Professor Elam
Monday Feb 22, 2016
Bareburger is the latest hit in NYC and about to go nation wide.
Conventional waiters bring the fare to your table. And a variety of meats are offered.
This is an interesting development to the traditional fast food offering.
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Professor Elam
Weekend February 20, 2016
I will be speaking at the 2016 Social Mood Conference. The Conference is promoting my talk hwith a best of podcast edited from my interviews this past summer at the Institute.
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Professor Elam
Wed Feb 17 2016
Sociologist Inexplicably Charged With Saving Venezuela’s Economy Fired After One Month
Venezuelan Sociologist Luis Salas has been fired after just one month on the job as the country’s Economy Minister.
The Venezuelan economy is currently spiraling out of control due to low oil prices. Oil exporting giants Russia and Saudi Arabia arrived at an agreement Tuesday to halt increasing in oil production on the condition that similarly large oil producers would do likewise, according to USA Today.
So far, Kuwait, Qatar and Venezuela have all agreed to the terms of the deal between Saudi Arabia and Russia. Nevertheless, oil prices continued to fall since markets are still not confident that enough has been done to stabilize global energy markets.
Venezuela has been in a fragile state since the death of President Hugo Chavez in March 2013. In February 2014, mass protests erupted which led to the incarceration of US-educated opposition leader Leopoldo Lopez.
A coalition of opposition political parties defeated the ruling Socialist party Dec. 6 and gained control of the country’s national legislature, the National Assembly. The defeat led to the first split government rule in Venezuela since Hugo Chavez came to power in 1999.
The opposition-led National Assembly denied Socialist President Nicolas Maduro the right to have extraordinary powers to dictate economic policy beyond that which is constitutionally permitted of the presidency for 60 days. After having been denied his request by the National Assembly, the Venezuelan Supreme Court ruled in favor of President Maduro on Feb. 11.
The economic situation in Venezuela is so dire that Boeing 747s are flying into the country with loads of the country’s increasingly worthless currency due to sky high inflation. The International Monetary Fund projects that inflation will reach 720 percent in 2016.
Lately, electricity has been rationed in the oil rich OPEC member country. The government has mandated that for three months time, 250 shopping centers nationwide that stores get their power off the grid from 1 to 3pm and 7 to 9pm according to Agence France-Presse. The DCNF reported that on Feb. 7, Venezuela actually had to import oil from the U.S. in spite of being a leading OPEC member.
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