Financial Insights Into The Current State Of The U.S. Economy
Here is an article from the FDIC website: Acquisition of Washington Mutual Bank September 25, 2008 Banking operations of Washington Mutual, Inc were sold in a transaction facilitated by the Office of Thrift Supervision (OTS) and the FDIC. All deposit accounts and all loans have been transferred to JPMorgan Chase Bank. JP Morgan Acquires [...]
What is Short Selling And Why Must It Be Banned?
The US Securities and Exchange Commission on Friday temporarily banned short selling of shares in certain companies in emergency action aimed at boosting investor confidence amid financial turmoil. I am not a stockbroker but let me give this a try. Short selling basically means that you sell stock that you don’t own. Basically you borrow [...]
Some of the Reasons Why Businesses Fail
Here is an interesting article about the reasons for failure in business. There are many more reasons that could be sited but the ones listed here are valid. Jim Why Businesses Fail By Carolyn Clayton There are many different reasons business fail and much of it is debatable but there are some common mistakes that [...]
What Exactly Is This Thing Called Strategy?
What, Exactly, Is This Thing Called ‘Strategy’? By James R McCarthy “STRATEGY is a style of thinking, a conscious and deliberate process, an intensive implementation system, the science of insuring FUTURE SUCCESS.” – Pete Johnson- American Jazz Pianist 1904-1967. Here is how most people think of strategy – that it is a process you must [...]
Wall Street in Despair
The latest collapses on Wall Street will no doubt stir up calls for more government regulation of financial institutions. Lehman Brothers is the latest Wall Street firm to go belly up with their filing for bankruptcy protection under chapter 11. Merrill Lynch was aquired by Bank of America because of the swift action of its [...]
« go back — keep looking »
