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Derivatives tripped up regulators: Geithner
in Sox First, on July 11, 2009
Treasury Secretary Timothy Geithner is pushing the Obama administration's plans to regulate the exotic and opaque derivatives market, something that's long overdue. Let's face it, the US Government wasn't even aware of how serious a problem it's been. Associated Press rep...
Apple's lack of enterprise ambition
in The CIO Weblog, on July 8, 2009
eWeek's Don Reisinger has an editorial up titled "Should Apple Even Care About the Enterprise?" in which he answers unequivocally "no." Reisinger lays out all the usual points; Apple is a hardware, rather than software business, with a decidedly consumer focus, limited...
Don't believe the homeownership hype
in The Mortgage Roadmap, on June 24, 2009
You should buy a home because it's the best lifestyle choice for you and your family. You shouldn't buy a house becasue it's a good investment.
There's a simple reason for this: Homes aren't as good of an investment as real estate agents and mortgage loan officers make them out ...
Does Obama's patchwork overhaul go far enough?
in Sox First, on June 18, 2009
President Obama has announced the most sweeping reforms of the financial services in 70 years. The reforms are to be applauded and are long overdue. But are they enough? Can they be undone or jettisoned? Will they stick? I have two problems with the changes. First, they do nothing to stop the...
NIKA Water: Helping Body and Soul
in Straightfromthedoc, on June 12, 2009
With another hot summer on the way, proper hydration is on the top of everyone's mind. However, here is a unique twist on the classic summer water story:
An estimated 75% of Americans suffer from mild, chronic dehydration. But that number is nothing compared to the 20% of the world's p...
Problem Solving is Key
in BootStrapMe, on June 12, 2009
Success in starting a business is mostly about figuring out what to do when challenges arise. So I couldn't help but get a little excited when I say this point on problem solving .
In the piece Sid Kemp looks a six basic steps to assessing and solving problems. And in his view, most of it is c...
Mortgage giant Mozilo charged with fraud
in The Mortgage Roadmap, on June 5, 2009
I'm always amazed that so many people pin the blame for our nation's current housing crisis on homeowners facing foreclosures. Yes, some of these homeowners — but not nearly all of them — were greedy, and tried to buy too much home for their income levels. But if you want to pinp...
60+ Amazing Poster and Advertisment Tutorials
in Wangtam, on June 2, 2009
• 60+ Amazing Poster and Advertisment Tutorials
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How much is Facebook worth?
in Sox First, on May 30, 2009
Hard to comprehend the extraordinary $200 million investment in Facebook by Digital Sky Technologies, a private Russian internet investment group. As reported in the Financial Times , it values Facebook at $10 billion. It's extraordinary because it suggests Facebook is still relying on bail...
More on the Satyam-PWC scandal
in Sox First, on May 27, 2009
The implosion at Indian IT specialists Satyam raises many questions about corporate governance. As Madhukar Angur says in the Deccan Herald , the debacle suggests we have learned very little since Enron and WorldCom. And that's despite governments around the world tightening their corporat...
Economists predict recession ends this year. As if!
in Sox First, on May 27, 2009
So economists are predicting the recession will end this year. They reckon the housing market will bottom out and they don't see the recession lasting longer than the first quarter of 2010. Still, they're hedging their bets, saying the recovery will be slow and painful. It's hard ...
Higher rents and sale prices for green buildings
in Sox First, on May 25, 2009
Despite the recession, the push for green buildings continues. But is green a justifiable expense when companies are struggling to stay alive in the financial bloodbath? A fascinating study Doing Well by Doing Good? Green Office Buildings , from academics at the University of California and Ma...
Sony to reduce the number of suppliers to half
in Supplychainer, on May 23, 2009
In a short piece from Kenji Hall written in BusinessWeek , he talks about the recent plans of Sony, giant Japanese electronics company, to cut supply chain costs.
According to Kenji, the tech giant has about 2,500 suppliers, but will reduce that number to 1,200 by March 2011. This effort in t...
Buffett says newspapers have no future
in Sox First, on May 4, 2009
Back in 2007, Warren Buffett warned shareholders that newspapers were on the skids. In his letter at the time, Buffett said "the days of lush profits from our newspaper are over". The problem, he said, was that the industry was oblivious to the changes that were transforming the sec...
The next accounting battle
in Sox First, on May 3, 2009
If you thought fair value was an almighty bun fight, you ain't seen nothing yet. The International Accounting Standards Board is tackling off balance sheet vehicles that have destroyed so much wealth and the Financial Accounting Standards Board plans to put out new rules for the United S...
The Invisible Hook by Peter Leeson
in Sox First, on April 29, 2009
What do pirates have to do with economics? Plenty, according to economist Peter Leeson in his book The Invisible Hook . Leeson starts out looking at the most fundamental of economic texts from the 17th century Scottish moral philosopher Adam Smith who argued that self-interest was the "in...
The Future of Golf is Online
in Eagle Par Birdie, on April 17, 2009
Courtesy: Augusta National
On the day of the Par 3 tournament at The Masters, I wrote that it was unfortunate that live streaming of the event at masters.com was limited only to computer users with ISP addresses in the United States.
I argued that Augusta National could make a lot of money ...
New partnership to offer supply chain network design services
in Supplychainer, on April 11, 2009
It seems like, beside IBM and i2, new niche players are jumping into network optimization services: ChemLogix, a provider of logistics services, announced recently that it has formed a strategic alliance with Automated Decisions, to provide a Supply Chain Network Optimization Service to the chem...
Airlines in tailspin
in Sox First, on April 9, 2009
The airline industry goes from bad to worse. A crumbling global economy means fewer seats on planes declining profits for the world's biggest airlines. More details here .The big problem lies in their fixed costs. As Morningstar analyst Basili Alukos told reporters , it's a high fixed...
Executive pay goes down - to just $7.6 million
in Sox First, on April 3, 2009
Don't for a second think that the fat cats on Wall Street are doing it tough. The Wall Street Journal tells us that the pay of the people who have brought America to its knees has gone done 3.4% to a paltry median figure of $7.56 million. While unemployment continues to rise, small busine...
Getting the recession right
in The CIO Weblog, on March 31, 2009
I've spent my share of time haranguing all the companies out there who are busily and arbitrarily slashing costs and headcounts in response to the financial crisis; now it's time to acknowledge one that has by and large gotten it right: Hewlett-Packard.
I've already mentioned my ap...
Jewelry Sale at GenerousGems.com
in The Jewelry Weblog, on March 29, 2009
Gold and Gemstone Jewelry
Beth Gillman, and James and Lynette Herschel have more than a decade of experience in the retail and jewelry business. They design and sell fine jewelry . They also have a specialty line of awareness jewelry, with a portion of the profits from these lines going to n...
A good crisis for George Soros
in Sox First, on March 26, 2009
George Soros is having a very good crisis. When the wheels started coming off in 2007, Soros came out of semi-retirement and took back control of his Quantum investment fund. By year's end, Quantum was up almost 32%, delivering Soros profits of $US2.9 billion. His fortune of $11 billion is n...
Non-profit newspapers? No way!
in Sox First, on March 25, 2009
...ewspapers are an important vehicle that help shape the public's views and turning them into non-profits, in effect supported by taxpayers, undermines their independence. It also opens the door for...
The Ultimate Guide To Twitter
in Wangtam, on March 21, 2009
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China's Tencent - the World's Most Profitable Social Network
in The Social Networking Weblog, on March 19, 2009
A couple of sources ( paidContent.org , VentureBeat ) had stories today on the wicked-huge earnings report from China's Tencent web portal and social network.
Tencent took in about a billion dollars in revenue last year. MySpace, by comparison, hoped for a billion dollars in revenue but se...
BMW and Mercedes to Merge?
in carzz.org, on March 11, 2009
During the first couple of years following the stock market crash of 1929 the makers of luxury cars continued producing costly, elegant models, often with custom bodies. But it wasn't long before the wealthy were caught up in the depression. Famous names fell like trees in a hurricane. By the...
MIT Sloan BioInnovations Conference
in Straightfromthedoc, on March 5, 2009
Photo courtesy of iStockphoto , Image# 2761192
The MIT Sloan 2009 BioInnovations Conference: Revolutions in Healthcare is happening on Saturday, March 7, 8:30am-4:30pm at the Tang Center, Wong Auditorium, Building E51, 50 Memorial Drive, Cambridge. Here's the
Sloan campus map .
The VIP...
The Two Trillion Dollar Meltdown by Charles R Morris
in Sox First, on February 19, 2009
The book from Morris provides some interesting insights into the market's implosion. It's not that we didn't have any warning. Morris makes the point that the collateralised mortgage obligations crisis, the 1987 stock market crash and the collapse of Long Term Capital Management w...
互联网商业模式更应关注成本
in Wangtam, on February 6, 2009
美国风险投资合广投资 (Union Square Ventures) 合伙人 Fred Wilson 近日 发表 Blog 文章称 ,最近不乏关于互联网商业模式的讨论,大多关注的是营收问题,但营收仅仅是价值等式中的一半,另外一半是成本。以下为其文章全文:
关注成本
商业的价值在于未来现金流的净现值,现金流是利润的根本,所以一项业务的价值就在于未来利润的总和贴现成为净现值。如果对财务不甚了解,也可以用现金流的倍数作为净现值数据,本文将采用10倍的现金流作为净现值。
如此简化后,一项业务的价值就相当于营收扣除成本后数值的10倍。管理者可以通过推动营收或提高利润创造价值,但两者的做法却不尽...
Rupert Murdoch's downturn blues
in Sox First, on January 30, 2009
Rupert Murdoch is blaming the spending binge for the crisis, and warns that it will probably take some time until we emerge from it. But the reality is that his News Corporation has been hit hard by the downturn. Already, News Corporation's digital arm Fox Interactive Media is axing jobs...
Steve Jobs and board failure
in Sox First, on January 22, 2009
Earlier this month, I did a blog entry looking at why Steve Jobs' health was an issue for investors. It boils down to one simple equation: Jobs is Apple's most important asset and his health affects the stock price. Notwithstanding Jobs taking several months off to sort out his he...
NBA Says 12-Year-Olds Being Sized Up As Players
in Exclusive from our news room , on January 15, 2009
... are a business after all, and whoever gets their product to market first usually shows greater profits, and the NBA market's people performance which is generally at its best in the young.
...
Outsourcing safely
in The CIO Weblog, on January 9, 2009
Implicit in the conflation of agile operations with fragile support is a requirement that your users have access to services which are at once flexible and scalable and which are also efficient for your business to provide. When you put those three words together, the next thing you come to is i...
Taking advantage of recessionary pressures to restructure IT
in The CIO Weblog, on January 5, 2009
Photo courtesy of iStockphoto , Image# 5763717
I mentioned last week that it is probably about time to shake off the shock of the downturn and start looking seriously at how to restructure your IT department to deal with tighter, more competetive markets. I'll put up a series of posts this...
Oil Opens At Under $39.00 A Barrel As 2008 Goes From Boom To Bust
in Exclusive from our news room , on December 30, 2008
...s prices the oil markets end 2008 on a dismal note.
What seemed like a sure fire thing, record oil profits, has turned into a 60% loss for the petroleum industry world-wide and the outlook for 2009 i...
Microsoft to cut 10% of its workforce
in Sox First, on December 24, 2008
Traditionally, software and PC sell like hot cakes over Christmas. But with the United States in recession and growing job losses, holiday sales are projected to plummet big time and retailers are discounting heavily. There's only so much you can blame on the appalling winter weather in th...
Madoff and SEC neglect
in Sox First, on December 13, 2008
The extraordinary $50 billion fraud and Ponzi scheme that Wall Street legend Bernard Madoff is accused of is bad enough. But what is more remarkable are the questions about federal regulators. Why was the Securities and Exchange Commission so slack to pick up what he was doing? More to the poi...
Rubin's self-serving "innocence"
in Sox First, on December 1, 2008
Of all the disgraceful moments following the implosion of Citigroup, this Wall Street Journal interview with Citigroup director and Bill Clinton's former Treasury honcho Robert Rubin probably takes the cake. Rubin claims innocence about Citi, insisting that no-one saw it coming. This is c...
Citi slickers
in Sox First, on November 25, 2008
...9;s be clear, risk is being transferred from shareholders to taxpayers. It's called privatizing profits, and socializing losses.
...
Elevate Destinations Works for Environmental Preservation
in Wandalust, on November 24, 2008
An interesting service came to my attention recently, called Elevate Destinations . The service bills itself as 'travel that matters" because a percentage of the profits goes to local communities and to environmental Preservation .
Among their offerings, Elevate Destinations has a pack...
The Siemens saga rolls on
in Sox First, on November 19, 2008
... Bloomberg reporting its share price is rising. The folks at Motley Fool say despite its falling profits, the company is one to watch because the market doesn't seem to care."...
iGlassware: Will not leave customers at the table disappointed
in The RFID Weblog, on November 10, 2008
Most of the bars tend to lose a part of their revenue as waiters fail to ask the customers for a repeat drink. Now here is something which will ensure that customers are served in a prompt manner and they don't lose out on their profits. A team at MERL realized this problem and has worked o...
Classic Car Commercials Break New Ground but Fail Creatively
in Classical Drives, on October 29, 2008
I've yet to see a TV commercial on behalf of classic car auction companies, unless you count the endless promos for Barrett-Jackson on Speed. But now it appears that RM Auctions is developing commercials for exclusive showing on You Tube. Question: Is it really a commercial if the air time is...
Fair value battle escalates
in Sox First, on October 29, 2008
...se, there was none of this talk when markets were booming. The world's banks generated enormous profits, and massive bonuses along the way, as bankers cashed in on fair value upswings in asset pri...
Despite Tough Times Verizon Profits on the Rise
in The Mobile Technology Weblog, on October 27, 2008
It seems like all we hear about of late is economic turmoil and falling business profits. Apparently there is some truth behind the ideal that Americans will go without food before going without their cell phone as Verizon announced today that earnings rose 31 percent in the third quarter.
...
Apple Sales And Profits Up/ Stock Falling
in The Mobile Technology Weblog, on October 24, 2008
When can sales be booming but financial outlook sliding? The answer is when you're Apple and the iPhone G3 is your brainchild.
This week the company reported stellar iPhone sales and a better-than-expected profit margin through its fiscal fourth-quarter earnings. So what's the pro...
Credit ratings agencies: we sold our souls to the devil
in Sox First, on October 23, 2008
As the search for culprits behind the meltdown continues, ratings agencies have found themselves in the gun. Executives from Moody's and Standard & Poor's have told Congress that the problem was caused by conflicts of interest. More from the New York Times . "Profits were runn...
Major Cybercrime Site Shut Down
in I got Spam?!, on October 18, 2008
Photo courtesy of iStockphoto , Image# 5697450 The site, called DarkMarket, was kept secret and access was granted by invitation only. Its forum allowed cyberthieves to buy and sell stolen banking details and credit card numbers obtained via phishing scams and website hacks. It also served as a ...
Nokia Reports Abysmal Profits
in The Mobile Technology Weblog, on October 17, 2008
Market leader Nokia attests to the fact that the US economy is in trouble and with it, the global economy. The Finnish cell phone maker nokia reported today a 30 percent drop in third-quarter net profit amid falling sales and lower prices for its handsets.
Nokia said its market share wa...
Kevin Trudeau's Secret "They" (Actually "He") Don't Want You to Know
in The Personal Finance Weblog, on October 8, 2008
Via the Spending Smart Blog , "author" Kevin Trudeau, whose "Debt Cures 'They' Don't Want You to Know About" is sitting at #275 on Amazon's sales list, has been fined by the Federal Trade Commission for a bunch of false statements in his previous book T...
Bailout no silver bullet
in Sox First, on October 5, 2008
Anyone who thinks Paulson's $700 billion bailout, which privatizes profits and socializes debt, will save the US economy, should think again. London-based investment consultancy Independent Strategy says Paulson's package is just stupid. In its report here , it warns: "Things h...
RFID Crystagram label: Hologram and RFID comes together to fight counterfeiting
in The RFID Weblog, on October 3, 2008
The RFID Crystagram label aims to put a stopper on something which has been hitting profits of companies in millions - counterfeiting. It has not only been affecting companies and consumers alike but every time counterfeiters are able to find out a novel method to bypass anti counterfeiting...
Think Pink for October
in White Lace Wedding, on October 1, 2008
Today kicks off Breast Cancer Awareness Month , so throughout October, I'm going to fit in pink as much as I can in relation to weddings. If you're getting married this month and one of your colors is pink in honor of the month, kudos for being aware of how many people this disease affects....
I'm Very Tempted to Buy Small Banks
in The Personal Finance Weblog, on September 30, 2008
I know we're headed into the 2nd Great Depression and all, but darn it if I'm not tempted to buy in to some of the public regional banks that haven't yet been swallowed up. Here's my theory...
Sovereign Bank - SOV - Trading at $4.14 as I write this. Was $10.23 on September 19t...
Eat at Chili's Today!
in The Parenting Weblog, on September 29, 2008
Chili's Grill & Bar® to Donate 100 Percent of All Profits on Monday, Sept. 29 to St. Jude Children's Research Hospital as Part of Annual Create-A-Pepper to Fight Childhood Cancer Campaign
Memphis, Tenn. - September 24, 2008 - Chili's Grill & Bar announced today it wi...
The Fall of Finance
in The Outsourcing Weblog, on September 29, 2008
Photo courtesy of iStockphoto , Felix Möckel
For about the last ten years, many corporate decisions were guided by (or held up by) concerns raised by the finance department. Many of those "on the ground" were perplexed by these decisions - some of which included outsourcing otherw...
China Stock Investors Get New Rules
in China Venture News, on September 29, 2008
Market Watch is among a number of news sources reporting that China will begin allowing margin trading and short selling on the Shanghai and Shenzhen Stock Exchanges.
The China Securities Regulatory Commission proposed the new rules and China's State Council has approved the proposal, acc...
APCW Celebrates Number 100, Big Move for Online Gambling Bill
in Internet Poker, on September 23, 2008
100 episodes of APCW weekly .
J. Todd comes out firing big with the straight talk about Bodog and more importantly The Passage of a very important Bill that will clarify what the Unlawful Internet Gambling Enforcement Act completely mucked up. Drawing straighter lines as to want kind of ...
Swerving off the bootstrapping trail...or am I?
in BootStrapMe, on September 18, 2008
A thought has been occurring to me recently, to the point where I have taken the next logical step in exploring a very...er...unbootstrapper-like???...possibility.
But is it really?
Here's the thing. It has occurred to me as I work on my new interactive blog network startup PostRanger.com...
Green technology boom
in Sox First, on September 12, 2008
...down about how the venture capitalists are falling over themselves to save the planet and make huge profits, check out this piece in Ode Magazine . According to San Francisco-based green investment ...
Mats Sundin Scores with PokerStars.net
in Internet Poker, on September 3, 2008
image from PokerStars.net
As a Northern kid my pull towards the game of hockey started before eating paste in Kindergarten was popular. 14 years on the ponds and ice meccas of Minnesota, lacing up at unholy hours to play a game or get a practice in before sleeping thru first period Social S...
Microsoft is thriving
in TJ's Weblog, on August 30, 2008
I admit I'm not a big follower of main financial news. I recently stumbled upon the 10-K Annual Report filing of Microsoft. My gut feeling was that Microsoft is going through a rough patch and sees most of it's 'traditional' revenue sources declining. But how can I be so foolish - a ...
Will Sun end up in some other hands?
in Java Entrepreneur, on August 28, 2008
Photo courtesy of iStockphoto, Alex Slobodkin
'In 12 months, Sun will not be the same company it is now.' This is the prediction of Brian Babineau who is the analyst at Enterprise Strategy Group.
Profits have been declining for the company and the same can be said about the stock...
AFACT - Downloading Movies is like taking heroin
in P2P File Sharing, on August 25, 2008
AFACT has published a new report claiming that australian heroin sellers are making millions of dollars by moving into internet piracy , and then funneling all their profits from it into drug production. So in effect, by downloading films, you are supporting the heroin trade, in the same way...
Rajasthan International Folk Festival 10 - 14 October 2008
in Wandalust, on August 21, 2008
The Ragasthan International Folk Festival will take place from 10 - 14 October 2008 at Mehrangarh in Jodphur.
© whiskeyandtears
The event has been named as one of the best five music festivals in the world by the editor of Songlines, Simon Broughton, which is quite a feat as last year w...
The economics of SaaS
in The CIO Weblog, on August 19, 2008
Zoho CEO Sridhar Vembu posted an entry yesterday entitled "Why we compete with Google," going into some detail on the economics of the business software market in the process. It's worth a look, if only to understand the rationale that is driving this market today, shaping the e...
Windows 2008 R2 bites the dust
in The CIO Weblog, on August 18, 2008
EDIT 08/18/08 13:39 PDT-
Mary Jo has retracted her initial information regarding the demise of Windows 2008 Revision 2; it appears that it is still on track as originally planned, and Windows Server 7 will be following it at the prescribed 2-year interval, exactly as Microsoft had original...
Mrs Fields goes bust - another sign of recession
in Sox First, on August 18, 2008
Last Friday's announcement that the Mrs Fields Famous Brands chain of cookie shops has gone broke is another sign of the deep problems now confronting the US economy. It has has filed for Chapter 11 bankruptcy protection after blaming "aggressive competition" in its franchising b...
A touch of gray
in The CIO Weblog, on August 12, 2008
Photo courtesy of iStockphoto, Quavondo Nguyen
Every silver lining's got a touch of grey
- The Grateful Dead
Yesterday's Gmail outage, affecting both individual and Apps corporate customers, has the blogosphere all abuzz yet again over the unreliability of cloud computing. This co...




