Description: On today’s “Bloomberg University,” Dominic Chu explains “too big to fail.” He speaks on Bloomberg Television’s “Bottom Line.” (Source: Bloomberg) Source: Bloomberg.com – video report Date: Apr 26, 2013 Link: http://bloom.bg/11Jq2YW Questions for Discussions: Summarize the lesson presented. Do you believe risk increases with the size of the organization? How should regulators deal with… Read more »
Posts Categorized: Governments & Regulators
KPMG rocked by alleged insider trading
Description: KPMG resigned Tuesday as the auditor of Herbalife and Skechers after the partner in charge of the accounting firm’s Los Angeles audit practice was alleged to have engaged in insider trading. Source: Marketwatch.com Date: Apr 09, 2013 Link: http://www.marketwatch.com/story/kpmg-steps-down-as-herbalife-auditor-2013-04-09?siteid=nwtwk Questions for Discussions: Summarize the highlights in this report. What can management and regulators do… Read more »
Low-Cost Drugs in Poor Nations Get a Lift in Indian Court
Description: People in developing countries worldwide will continue to have access to low-cost copycat versions of drugs for diseases like H.I.V. and cancer, at least for a while. Source: NYTimes.com Date: Apr 01, 2013 Link: http://www.nytimes.com/2013/04/02/business/global/top-court-in-india-rejects-novartis-drug-patent.html?_r=0 Questions for Discussions: What is the basis for the decision? Do you think this will become a growing financial… Read more »
The Troubling Return of Credit Bubble Factors Like CDOs
Description: Data point No. 1: Banks are back to hawking complex derivatives that magnify bets on corporate debt. Data point No. 2: For the first time since the financial crisis, JPMorgan Chase (JPM) is set to resume selling securities tied to home loans that aren’t backed by the government. Add a third development—the feverish revival… Read more »
New Critical Warning as 2013 shocker looms
Description: (MarketWatch) — Yes, another dark “shocker” before the end of the year, an unexpected “black swan.” And sadly for Fed Chairman Ben Bernanke — who hopes his “I saved America from economic collapse” illusion stays intact till he leaves office — he’s not going to get a dream ending to his Fed career. Source: … Read more »
Jim Rogers: Soaring Dow a poor indicator
Description: Famed investor Jim Rogers says recent gains in international markets is a poor indicator of global economic health. Source: CNNMoney.com – video report Date: Mar 15, 2013 Link: http://money.cnn.com/video/news/2013/03/15/news-jim-rogers-currency-inflation.cnnmoney/ Questions for Discussions: What is the reason Jim Rogers believes the current run up in the Dow is not a good predictor of a better… Read more »
Dividend not in CGI Group’s plans: CEO
Description: Paying a dividend to shareholders is not the right use of its money, CGI Group (CGI-T 16.44 -0.05 -0.3%) chief executive Michael Roach tells BNN, as the company, which was recently crowned Canada’s biggest technology firm, builds up funds for potential acquisitions. CGI shareholders, along with the stockholders of most publicly-traded companies, have… Read more »
Focus on Funds: Gold Tanks
Description: Jack Otter and Brendan Conway on why the price of gold has been falling, and what triggered the most recent selloff. Source: WSJ.com – video report Date: Feb 21, 2013 Link: http://on.wsj.com/15yzEYz Questions for Discussions: What does this report suggest is happening to gold markets? Do you agree with the analysis presented? What does… Read more »
Gold’s lustre will fade: CIBC
Description: Gold has had a “glorious run,” but the factors that propelled the price of the precious metal to record highs are fading, economists at CIBC World Markets said. Source: BNN.ca – video report Date: Feb 21, 2013 Link: http://www.bnn.ca/News/2013/2/21/Golds-lustre-will-fade-CIBC-.aspx Questions for Discussions: Explain the reasons presented in this report for the rise in gold… Read more »
U.S. Homeowners Are Repeating Their Mistakes
Description: If there’s one thing Americans should have learned from the recession, it’s the importance of diversifying risk. Middle-class households had too much of their net worth tied up in their homes and were too exposed to stocks through 401(k)s and other investments. Source: Businessweek.com Date: Feb 14, 2013 Link: http://www.businessweek.com/articles/2013-02-14/u-dot-s-dot-homeowners-are-repeating-their-mistakes#r=hp-lst Questions for Discussions: What… Read more »
