Description:  Last September in Cleveland, 13 of the nation’s largest banks stood beside Vice President Joseph R. Biden Jr. and Karen Mills, chief of the Small Business Administration, and announced a commitment to increase small-business lending by $20 billion over the following three years. Source: NYTimes.com Date: Sep 06, 2012 Link: http://boss.blogs.nytimes.com/2012/09/06/are-the-big-banks-keeping-their-commitment-to-small-businesses/?ref=smallbusiness Questions for Discussions: … Read more »
Posts Tagged: Cash Flow
Dallas Cowboys Lead NFL With $2.1 Billion Valuation
Description: The most famous quote attributed to legendary Green Bay Packers coach Vince Lombardi is “winning isn’t everything, it’s the only thing.†But if Lombardi had coached in this era instead of the 1960s he may have substituted the word “marketing†for “winning.†Source: Forbes.com Date: Sep 05, 2012 Link: http://www.forbes.com/sites/mikeozanian/2012/09/05/dallas-cowboys-lead-nfl-with-2-1-billion-valuation/ Questions for Discussions: What… Read more »
Weak Sales and a Large Write-Down Give H.P. a Loss
Description:Â The pressure is building for Meg Whitman to make a miracle happen. Source: NYTimes.com Date: Aug 22, 2012 Link:Â http://www.nytimes.com/2012/08/23/technology/weak-sales-hurt-hp-in-quarter.html Questions for Discussions: Summarize the financial condition at HP and the industry in general. What can management do to affect change in a positive direction? Would you be an investor today?
Bored traders share merger gossip
Description: Rumors of the acquisitions of Electronic Arts and Coinstar by private equity firms helped traders beat the dog days of summer. Source: CNNMoney.com – video report Date: Aug 16, 2012 Link: http://money.cnn.com/video/markets/2012/08/16/investing-bz-EA-Coinstar.cnnmoney/ Questions for Discussions: What are the factors that contributed to the speculation reported in this video? Do you think these reasons are… Read more »
Small Business Still Credit-Crunched, New York Fed Poll Says
Description: Small businesses in metro New York are still having trouble borrowing, according to a new poll released today by the Federal Reserve Bank of New York. Source: Businessweek.com Date: Aug 15, 2012 Link: http://www.businessweek.com/articles/2012-08-14/small-biz-still-credit-crunched-new-york-fed-poll-says#r=nav-img Questions for Discussions: What does this report say about the state of small business borrowing? Can you offer additional explanations… Read more »
Happy Fifth Birthday, Financial Crisis
Description: WSJ’s Matt Phillips stops by Mean Street to mark five years since the global credit crunch which sent the global economy into a tailspin. (Photo: Reuters) Source: Marketwatch.com – video report Date: Aug 09, 2012 Link: http://live.wsj.com/video/happy-fifth-birthday-financial-crisis/2F60CB68-CE72-4D21-B7AF-099008A6D84C.html Questions for Discussions: Summarize the history of the financial crisis as reported. What do you think was… Read more »
Police Chief’s $204,000 Pension Shows How Cities Crashed
Description:Â Stockton, California, Police Chief Tom Morris was supposed to bring stability to law enforcement when he was appointed to the job four years ago. Source: Bloomberg.com Date: July 31, 2012 Link: http://www.bloomberg.com/news/2012-08-01/police-chief-s-204-000-pension-shows-how-cities-crashed.html Questions for Discussions: Explain the crisis facing these cities in terms of financial mismanagement of budgets and cash flow estimations? Is there… Read more »
Bank bailout failed homeowners
Description: Former TARP Inspector General Neil Barofsky says the program failed to protect Main Street from Wall Street. Source: CNNMoney.com – video report Date: July 25, 2012 Link: http://money.cnn.com/video/news/2012/07/25/n-Barofsky-TARP.cnnmoney/ Questions for Discussions: Summarize commentary in this report about the failure to manage TARP. Do you believe the criticism is fair? What are the economic prospects… Read more »
Your credit card costs small biz thousands
Description: Retail merchants get charged a fee when you use plastic and recent reforms don’t seem to be reducing the burden on small businesses. Source: CNNMoney.com – video report Date: July 20, 2012 Link: http://money.cnn.com/video/smallbusiness/2012/07/19/sbiz-credit-card-costs.cnnmoney/ Questions for Discussions: Describe how cash, credit and debit card processing affect the financial operations of retailers. Do you think… Read more »
Facebook Falls After Report Fails to Quell Concerns Over Growth
Description:Â Facebook Inc. (FB) plunged to a record low after its first earnings report as a public company showed a slower sales gain and narrower profit margins, failing to allay concerns over growth that have dragged down the shares. Source: Bloomberg.com Date: July 27, 2012 Link: http://www.bloomberg.com/news/2012-07-27/facebook-falls-after-report-fails-to-quell-concerns-over-growth.html Questions for Discussions: Why has the stock fallen… Read more »