Description: The Wall Street analyst-turned-blogger Henry Blodget called it “a disaster.” The Wall Street Journal labeled it a “botched offering.” And after Facebook’s much-criticized initial public offering in May 2012, Morgan Stanley’s vaunted technology investment banking team, the lead underwriter on the deal, looked as if it were down for the count. Source: NYTimes.com Date:… Read more »
Posts Categorized: Management Issues
Billionaires who control the strings
Description: Dan Loeb, David Einhorn, Bill Ackman and Eddie Lampert are a breed of billionaires coined ‘activist investors’ who use their clout to influence change in companies. Source: CNNMoney.com – video report Date: May 01, 2014 Link: http://money.cnn.com/video/pf/2014/04/30/romans-ackman-icahn-eddie-lampoert-einhorn-herbalife.cnnmoney/index.html Questions for Discussions: What are ‘activist investors’, as defined by this report? How do they participate in… Read more »
Top Clinton Aides Blew a Chance to Avert the Financial Crisis
Description: The U.S. economy and the stock market were booming on April 21, 1998, when the heaviest hitters of the Clinton administration met to discuss a controversial topic: whether the government should regulate a profitable but risky corner of the financial markets. Treasury Secretary Robert Rubin, the former Goldman Sachs (GS) co-chairman, attended. So did… Read more »
Sen. Warren: Onus on you, Mr. Regulator
Description: Sen. Elizabeth Warren explains why financial regulators — including ones in her own party — need to get tougher with the U.S. banking system and says she has ‘a lot of tools in the toolbox’ to passing legislation. Source: CNNMoney.com – video report Date: Apr 24, 2014 Link: http://money.cnn.com/video/news/2014/04/25/elizabeth-warren-bank-regulators-finance-reform-congress-consumer-protection-financial-bureau.cnnmoney/index.html Questions for Discussions: Do you… Read more »
Shaq’s Still Scoring in Retirement
Description: After 19 seasons in the NBA, O’Neal retired in 2011. He was one of the most dominant big men in the history of the game, a 7-foot-1, 325-pound behemoth with quick feet and explosive power. He won four championships and a Most Valuable Player award, played in 15 All-Star games, scored 28,596 points, and… Read more »
Taking On Adam Smith (and Karl Marx)
Description: Thomas Piketty turned 18 in 1989, when the Berlin Wall fell, so he was spared the tortured, decades-long French intellectual debate about the virtues and vices of communism. Even more telling, he remembers, was a trip he took with a close friend to Romania in early 1990, after the collapse of the Soviet empire…. Read more »
Are new rules making banks safer?
Description: Years after the financial crisis, regulators announced that the big banks will have to hold more capital to protect against losses. Will it make the financial system safer? Source: CNNMoney.com – video report Date: April 11, 2014 Link: http://money.cnn.com/video/investing/2014/04/11/investing-new-capital-rules-big-banks-safer.cnnmoney/index.html Questions for Discussions: What has changed at the banks? Do you think these changes will… Read more »
Why Facebook bought Oculus
Description: Oculus CEO Brendan Iribe tells CNNMoney’s Laurie Segall why Facebook became interested in buying his company. Source: CNNMoney.com – video report Date: Apr 11, 2014 Link: http://money.cnn.com/video/technology/2014/04/11/t-oculus-facebook-brendan-iribe.cnnmoney/index.html Questions for Discussions: Why did Facebook buy Oculus, according to this report? How necessary was the financial input of Facebook money for Oculus to move forward? How… Read more »
Pimco’s Bill Gross Picks Up the Pieces
Description: There is no one who talks quite like Bill Gross, the co-founder of Pimco. He is perhaps the most influential financial manager of the past two decades, yet his stories involve an equal mix of whimsy and sheepishness, with fragments of Joni Mitchell songs, Howdy Doody vignettes, and references to classic American diner food… Read more »
Is the U.S. stock market rigged?
Description: Steve Kroft reports on a new book from Michael Lewis that reveals how some high-speed traders work the stock market to their advantage Source: CBSNews.com – video report Date: Mar 30, 2014 Link: http://www.cbsnews.com/videos/is-the-us-stock-market-rigged Questions for Discussions: Explain how high-speed traders were able to exploit the trading environments. How was the problem solved? How… Read more »
