A look around

Almost in the spirit of the old FP newsletter, here is a quick look at some news stories etc that I think you might be interested. No time to go into great detail..sorry!CNN/Fortune have a good interview with Lee Iacocca. In it he talks about why the Chrysler-Daimler merger failed, on his fear of private equity, and even on the workout habits of the 90 year old Kirk Kerkorian. "While subprime

More on microfinance

How some people can not be excited about finance is beyond me. If you can't watch the whole thing, minimally watch between the 19-21 minute section or the 23 to 25 minute section and tell me how finance gets a bad name when it helps so many!

Last class, first graduation address..

It is that time of year again. The time of mixed emotions. On one hand I want to congratulate the graduates, but simultaneously say that I will miss you. Please stay in contact!In class last night I mentioned the following post. It is an an oldie but a goody. I originally wrote it back in December of 2004. I just reread it and still think it hits the main points very well. Read it. :)

The Global Impact of Islamic Finance - News

The Global Impact of Islamic Finance - News: "Hayes was a principal contributor to the Harvard Islamic Investment Study and the author of seven books, including Islamic Law and Finance.Hayes, the first speaker of the panel, explained basic concepts and principles of Islamic Finance to the audience. Islamic Finance refers to a system of finance or banking that is consistent with Islamic law (

Bloomberg.com: Worldwide

Bloomberg.com: Worldwide: "The U.S. Securities and Exchange Commission filed a lawsuit against two former Apple Inc. top executives for their roles in backdating stock-option grants, including some made to Chief Executive Officer Steve Jobs.Former Apple General Counsel Nancy Heinen's lawyers have said she'll fight the case. The SEC settled with former Chief Financial Officer Fred Anderson. He

How good of hedge is gold?

Market.view | A fine and fickle friend | Economist.com: "A recent paper...attempts to answer this question—or, rather, it attempts to answer two questions. Does gold usually move in the same direction as shares or government bonds? (In other words, is it a hedge in normal times?) And does gold move in the opposite direction when shares or bonds are falling sharply? (Is it a safe haven in extreme

Oxley: I'm Not Happy with Sarbox - - CFO.com

Oxley: I'm Not Happy with Sarbox - - CFO.com: "Section 404, which requires companies and their auditors to examine and report on the processes behind their financial reporting, quickly became the most expensive and hated provision of the act.Today, Sarbox, and particularly 404, are under heavy attack, as are many of its accessory creations, most notably the Public Company Accounting Oversight

MicroCredit on PBS

Want to see how finance can make the world even better? The local PBS channel (WNED) just aired a show on how microcredit is helping the people of Uganda. Good stuff. Definitely class worthy!"Microcredit is not new. It's been around in one form or another for hundreds of years. But in the Information Age, a San Francisco company has taken the idea of microfinance and upgraded it for the Web.

Not finance, but important :)

Since this blog has more readers than the BonaReponds blog, I will cross list this just this once ;) (it also explains what I do with the rest of my "free time". LOL..First a video: (links to others of are videos are here)And then the real reason for the post--We need volunteers!! So if you are in the WNY area, come on out! (of course if you are not and would like to donate, you can do that too

Ten tips from Bob Thompson

BCNG Portals Page: "Tip of the WeekI have pulled this information from AIM Trimark Investments, as they provide a good summary of the dos and don’ts of building your portfolio. Of course, each of the following can be explained in further detail.Top 10 tips for investors1) Don’t try to time the market.2) Keep tax consequences in mind.3) Set up a regular contribution plan.4) Start saving as early