Description: Three years after a spectacular financial collapse, Iceland is coming back, largely on the strength of its strong exports. Video and reporting by Charles Forelle from the island of Vestmannaeyjar. Source: Marketwatch.com – video report Date: May 18, 2012 Link: http://www.marketwatch.com/video/asset/fishing-industry-aids-iceland-recovery/E1ED2AC5-D98B-4760-844E-67F8BA64A136 Questions for Discussion: What does this report have to say about economic recovery… Read more »
Posts Categorized: Governments & Regulators
Facebook Fails To Make Day-One Pop, Lags Behind Google
Description: The 8-year-old social-networking site run by co-founder Mark Zuckerberg closed 0.6 percent higher at $38.23 in New York yesterday. That compares with Carlyle Group LP (CG)’s lackluster 0.2 percent day-one increase on May 3. It pales in contrast with Google Inc. (GOOG)’s 18 percent jump in its 2004 initial public offering, Visa Inc. (V)’s… Read more »
Mayo: Banks too big to regulate
Description: After news of JPMorgan’s multi-billion dollar loss, Mike Mayo reaffirms his stance that incentives are misaligned at big banks. Source: CNNMoney.com – video report Date: May 11, 2012 Link: http://money.cnn.com/video/news/2012/05/11/n-mayo-jpmorgan-banks.cnnmoney/ Questions for Discussion: Summarize the opinions expressed by Mike Mayo. Do you agree with his assessment, particularly about risk? What would you advise regulators?… Read more »
Facebook Co-Founder May Gain Choosing Singapore Over U.S.
Description: Eduardo Saverin, the billionaire co- founder of Facebook Inc. (FB), renounced his U.S. citizenship before an initial public offering that values the social network at as much as $96 billion, a move that may reduce his tax bill. Source: Bloomberg.com Date: May 11, 2012 Link: http://www.bloomberg.com/news/2012-05-12/facebook-co-founder-may-gain-choosing-singapore-over-u-s-.html Questions for Discussions: What are the ethical issues… Read more »
Rattner: General Motors is undervalued
Description: Steven Rattner, former ‘auto czar’ for the Treasury Dept., says the government should hold its GM stake until the stock rises further. Source: CNNMoney.com – video report Date: May 02, 2012 Link: http://money.cnn.com/video/markets/2012/05/01/mkts-rattner-gm-government.cnnmoney/ Questions for Discussion: What is the basis for this evaluation of GM? Do you agree with this assessment?
Video: Analyst calls RIM results a ‘disaster’
Description: BNN speaks to Peter Misek, Analyst, Jefferies. Source: BNN.ca – video report Date: 03/30/2012 Link: http://www.theglobeandmail.com/report-on-business/video/video-analyst-calls-rim-results-a-disaster/article2386846/ Questions for discussion: Summarize the managerial and financial aspects in this report. Do you think RIM stockholders can recover? What strategy would you recommend to management?
IPOs Suffer Slow Start as Facebook Readies Sale
Description:Â Â In a year heralding the landmark initial public offering of Facebook Inc. (FB), share sales got off to a slow start. Source:Â Bloomberg.com Date: 03/30/2012 Link:Â http://www.bloomberg.com/news/2012-03-30/ipos-suffer-slow-start-as-facebook-readies-sale-to-spur-rebound.html Questions for discussion: Summarize the highlights presented in this article. Do you agree with the analysis? Where do you see the IPO market headed this year?
The Wall Street multibillion scandal no one is talking about
Description:Â Â The LIBOR trading scandal could turn out to be far worse for Wall Street than its mortgage troubles. Source:Â Fortune.com Date: 03/23/2012 Link:Â http://finance.fortune.cnn.com/2012/03/23/the-wall-street-multibillion-scandal-no-one-is-talking-about/?iid=SF_F_LN Questions for discussion: What is the basis of the scandal, according to the report? What is your opinion of the report? What do believe will happen next?
US Airways Said to Brief AMR Creditors on Takeover Plan
Description:Â Â US Airways Group Inc. (LCC), seeking support for a possible American Airlines (AAMRQ)merger, is discussing a takeover plan with some creditors of the bankrupt carrier and their advisers, people with knowledge of the talks said. Source:Â Bloomberg.com Date: 03/23/2012 Link:Â http://www.bloomberg.com/news/2012-03-23/us-airways-said-to-brief-amr-creditors-on-takeover-plan.html Questions for discussion: Summarize the thinking presented in the article related to the… Read more »
Goodbye to Goldman: Will Blankfein Be Next?
Description: Some day, when they write the definitive history ofGoldman Sachs (GS), Wall Street’s 143-year-old warehouser of brass rings, the date March 14, 2012, will stand in infamy. If you haven’t already heard, that’s when Greg Smith, an executive with the bank in London, resigned with guns a-blazing, in a corporate revenge fantasy worthy of… Read more »
