Description: On yesterday’s earning call, Apple CEO Steve Jobs issued a string of criticisms about Apple’s rivals from Research in Motion and Google to unnamed companies making seven-inch tablets. Plus: what analysts have to say this morning about Apple’s growth overriding concerns. Peter Kafka and Jennifer Valentino-DeVries discuss on Digits. Source: Marketwatch..com – video report… Read more »
Posts Categorized: Management Issues
Facebook employees must pay big to cash out
Description:Â Although Facebook isn’t yet public, employees and other insiders have been able to cash out some of their equity through private stock-sale deals. But the company is trying to dump cold water on that rapidly heating up market: Facebook recently began charging employees a $2,500 fee if they sell their private stock. Source:Â CNNMoney.com… Read more »
After the Financial Meltdown, Where’s America’s Outrage?
Description:Â Andrew Ross Sorkin of The New York Times noted that 49% of people surveyed had a negative view of Goldman Sachs. Financial companies are busily trying to rebuild their reputations by, among other things, running lots of advertisements touting their lending activities, but numerous reports show that banks are cutting credit lines to both… Read more »
Druckenmiller to Shut Fund After 30 Years as Stress Takes Toll
Description: Hedge-fund icon Stanley Druckenmiller is quitting the business after three decades, telling investors he’d been worn down by the stress of trying to maintain one of the best trading records in the industry while managing an “enormous amount of capital.†Source: Businessweek.com  Date: 08/18/2010 Link: http://www.businessweek.com/news/2010-08-18/druckenmiller-to-shut-fund-after-30-years-as-stress-takes-toll.html Questions for discussion: What are the reasons… Read more »
Wall Street resumes hiring
Description: CNN’s Maggie Lake talks to a high-powered headhunter, who says Wall Street hiring is bouncing back. Source: CNNMoney.com – video report   Date: 08/06/2010 Link: http://money.cnn.com/video/news/2010/08/06/n_wall_street_hiring.cnnmoney/ Questions for discussion: How do you interpret the increase in hiring on Wall Street? Do you believe there is a correlation between Wall Street activity and the economy in… Read more »
The Big Interview: Sheila Bair
Description: FDIC Chairman Sheila Bair talks to WSJ economics editor David Wessel about the financial-regulatory legislation pending in Congress, the current health of the banking business and what it’s like to be the sole woman among a band of powerful men. Source: Marketwatch.com – video report  Date: 06/25/2010 Link: http://www.marketwatch.com/video/asset/the-big-interview-sheila-bair/3505E1E8-BE42-4D21-8896-429459517801 Questions for discussion: Summarize… Read more »
BP Halts Dividend, Earmarks $20 Billion
Description: BP said it was suspending dividend payments for much of this year and created a $20 billion fund to pay injured parties. Alan Murray and Joe White discuss. Also, Steven Gillon, a presidential historian discusses Barack Obama’s leadership style in the context of other presidents who have faced serious crises. Source: Marketwatch.com – video… Read more »
Debtors’ Prism: Who Has Europe’s Loans?
Description: IT’S a $2.6 trillion mystery. That’s the amount that foreign banks and other financial companies have lent to public and private institutions in Greece, Spain and Portugal, three countries so mired in economic troubles that analysts and investors assume that a significant portion of that mountain of debt may never be repaid. Source: NYTimes.com… Read more »
House Votes to Eliminate Hedge Fund Tax Break
Description: The House passed a bill on Friday that would end a tax break for executives of investment funds, leaving hedge funds, private equity firms and venture capitalists scrambling to ease the effects of the bill before it is taken up by the Senate next month. Source: NYTimes.com  Date: 05/28/2010 Link: http://www.nytimes.com/2010/05/29/business/29carried.html?ref=business Questions for… Read more »
Buffett’s stance on derivatives
Description: Fortune’s Andy Serwer talks about how the Senate’s proposed financial reforms will affect Berkshire Hathaway’s derivatives holdings. Source: CNNMoney.com – video report  Date: 04/29/2010 Link: http://money.cnn.com/video/fortune/2010/04/29/f_sl_buffett_derivatives_berkshire.fortune/  Questions for discussion: How much influence do you think Buffett can have in the current debate about derivatives? Would Buffett joining the management of Goldman be a… Read more »
