Description: Treasury Secretary Tim Geithner says he will always feel legitimate pressure from the public even though the bailout wasn’t ‘under his watch. Source: CNNMoney – video report  Date: 01/29/2010 Link: http://money.cnn.com/video/news/2010/01/29/n_geithner_stimulus_bailout.cnnmoney/ Questions for discussion: Do you share the views put forward by Treasury Secretary Tim Geithner? Explain your answer. In which ways do… Read more »
Posts By: Brahm Canzer
Tesla Motors files for IPO, seeking $100 million
Description: High-end electric-car company Tesla Motors filed for an initial public offering Friday, seeking $100 million in the public-financing arena as conventional auto makers are reeling from anemic sales and product recalls. Source: Marketwatch.com Date: 01/29/2010 Link:Â http://www.marketwatch.com/story/tesla-motors-files-for-ipo-to-raise-up-to-100-mln-2010-01-29 Questions for discussion: What are the factors favoring the success of this IPO and those against? Summarize… Read more »
Plentiful-Job Gauge Points to U.S. Payroll Growth: Chart of Day
Description:Â Economists who expect a revival of U.S. employment growth this month have history on their side, according to Thomas J. Lee, a JPMorgan Chase & Co. strategist. Source: Bloomberg.com Date: 01/29/2010 Link: http://www.bloomberg.com/apps/news?pid=20601109&sid=aMnej1hFAk_s Questions for discussion: What is your judgement of the chart and predictions presented in the report. How might financial managers be… Read more »
Dollar rallies on stronger-than-expected data
Description: The dollar rose against major currencies on Friday after stronger-than-expected economic data reinforced the view the United States was recovering from recession faster than other developed countries. Source: Reuters.com Date: 01/29/2010 Link: http://www.reuters.com/article/idUSTRE5BF27F20100129 Questions for discussion: How will the dollar’s activity affect financial management of firms that import and export? Where do you believe… Read more »
The Places They Go When Banks Say No
Description: In the glory days of the digital photo frame business, when his products were still a novelty and shoppers were flush with cash, getting a bank loan to manufacture them was a cinch, Michael Levy says. Source: NYTimes.com Date: 01/30/2010 Link: http://www.nytimes.com/2010/01/31/business/smallbusiness/31order.html?ref=business Questions for discussion: Summarize the problems facing small businesses since the financial… Read more »
FDIC: Bonus culture needs to change
Description: FDIC Chairwoman Sheila Bair is concerned with the lack of real change in big banks’ operations and compensation. Source: CNNMoney – video report  Date: 01/22/2010 Link: http://money.cnn.com/video/news/2010/01/22/n_fdic_bair_bank_bonuses.cnnmoney/ Questions for discussion: Summary the ideas put forward by Sheila Bair. Do you support her position? Explain your thinking. How do you think the investment industry… Read more »
Obama proposes new limits on big bank risky trading
Description: In his toughest response yet to the financial crisis, Obama proposed Thursday that strict limits be imposed on the size and trading activities of the nation’s biggest banks. The proposal aims to deter commercial banks from becoming so large that they put the broader economy at risk and distort normal competitive forces. The president… Read more »
Decline in U.S. Stocks Pays Options Traders 75% Profit on VIX
Description: The biggest sell-off in the Standard & Poor’s 500 Index since March is rewarding options traders who bet on a surge in volatility with gains of 75 percent. Source: Bloomberg.com Date: 01/23/2010 Link: http://www.bloomberg.com/apps/news?pid=20601103&sid=aZOPq7yDKhng Questions for discussion: What sort of risk is involved with these instruments? Who would be interested in them? Do you… Read more »
Investors brace for earnings, Bernanke vote
Description: Stocks could see choppy trading next week with the latest batch of earnings and uncertainty over Ben Bernanke’s Senate confirmation for another term as Federal Reserve chairman. Source: Reuters.com Date: 01/23/2010 Link:Â http://www.reuters.com/article/idUSTRE60M09920100123 Questions for discussion:Â Follow up this article with a summary of corporate earnings reported this week? How did markets react? Why… Read more »
Goldman’s image crisis
Description: The elite Wall Street firm is criticized for doling out $21 billion in bonuses this year and having sold toxic assets. Source: CNNMoney – video report  Date: 01/13/2010 Link: http://money.cnn.com/video/news/2010/01/13/n_goldman_public_attention.cnnmoney/ Questions for discussion: What are your impressions of the report with respect to the presentation of the culture of the firm and the… Read more »
