Description: Reflecting on the 2008 financial crisis, former FDIC chairperson Sheila Bair discusses her regrets over the bailout of the big banks. Source: CNNMoney.com – video report Date: Sep 27, 2012 Link: http://money.cnn.com/video/news/2012/09/27/n-sheila-bair-citi-bailout.fortune/ Questions for Discussions: Summarize the regrets expressed in hindsight by Sheila Blair. Why do you suppose Citi bondholders were “protected†by the… Read more »
Monthly Archives: October 2012
No awkward teen years for Google
Description: Shares of Google are at an all-time high as it turns 14. And the search giant shows no signs of maturity yet. Source: CNNMoney.com – video report Date: Sep 27, 2012 Link: http://money.cnn.com/video/investing/2012/09/27/investing-google-birthday.cnnmoney/ Questions for Discussions: Explain the current valuation of Google stock. Why are there comparisons to Facebook? What metrics would you use… Read more »
Bank of America to Pay $2.43 Billion to Settle Suit Over Merrill Deal
Description: Bank of America announced on Friday that it would pay $2.43 billion to settle a class action lawsuit related to its acquisition of Merrill Lynch, as the legal woes continue for the financial institution. Source: NYTimes.com Date: Sep 28, 2012 Link: http://dealbook.nytimes.com/2012/09/28/bank-of-america-to-pay-2-43-billion-to-settle-class-action-over-merrill-deal/?ref=business Questions for Discussions: What lessons are there to be learned here for investors and… Read more »
A Lost Decade for Savers
Description: The 1990s were a lost decade for Japan. The 2000s delivered a lost decade to U.S. investors. Now, five years into the onset of the financial crisis, with stock and bond markets booming, housing resurgent, and even Detroit redeemed, it’s savers who find themselves in a lost decade. Source: Businessweek.com Date: Sep 26, 2012… Read more »
RIM Defies Critics by Finding BlackBerry Sales Overseas
Description: Research In Motion Ltd. (RIMM)’s sales of the BlackBerry smartphone trounced estimates last quarter as it gained ground in emerging markets, signaling that the company may still have a future in the age of the iPhone. Source: Bloomberg.com Date: Sep 28, 2012 Link: http://www.bloomberg.com/news/2012-09-28/rim-defies-critics-by-finding-blackberry-sales-overseas.html Questions for Discussions: Summarize the financial situation at RIM. Why… Read more »
