Ford Loss Beats Estimates on 49% Slash in Cash Use

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Source: Bloomberg  News Date: 4/24/2009 Keys: Finance, cash management, investing, government Link: http://www.bloomberg.com Questions for discussion: What is the connection between discounts and incentives offered to customers and the cash requirements of the Ford? Do you think Ford will be able to outperform GM and Chrysler and remain operational without the need government funding? Explain… Read more »

Fiat could ditch Chrysler

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Italian car maker says it could abandon partnership talks with the ailing Detroit company if labor concessions aren’t made. Source: CNNMoney.com Date: 4/15/2009 Keys: International business, marketing, government, bankruptcy Link: http://money.cnn.com Questions for discussion: What would you advise Chrysler to do? Do you think the deal makes sense for Fiat? What would you do if… Read more »

Madoff’s Secret: Keep Mum When Asked About Methods

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Bernard Madoff conned even the most sophisticated of clients, such as Fairfield Greenwich Group, through a simple tactic whenever he was asked probing questions: He refused to answer or he lied.. Source: Bloomberg  News Date: 4/03/2009 Keys: Investing, government, regulation, ethics, law Link: http://www.bloomberg.com/apps/news?pid=20601170&refer=special_report&sid=asYX4sfz1XhY Questions for discussion: What lessons did you learn about risk and… Read more »

Where Wagoner went wrong

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Fortune’s Alex Taylor III says GM’s former CEO didn’t execute needed drastic changes. Embedded video from <a href=”http://money.cnn.com/video” mce_href=”http://money.cnn.com/video”>CNNMoney.com Video</a> Source: CNN – video report Date: 3/31/2009 Keys: Management , leadership, decision-making, organizational re-structuring, government Link:  http://money.cnn.com/video/news/2009/03/31/fortune.sl.taylor.gm.033109.fortune/index.html Questions for discussion: Do you agree with the Taylor’s analysis and explanation of GM’s failure? Would you have… Read more »

Food Industry Safety Inspections Challenged

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The food industry’s self-policing system failed to catch poor conditions at a peanut processing plant blamed for a nationwide salmonella outbreak, lawmakers said Thursday. The House Energy and Commerce investigations subcommittee released new documents and pictures Thursday that attested to long-standing sanitary problems at facilities owned by Lynchburg, Va.-based Peanut Corp. of America. The company… Read more »

AIG names names, now what?

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How did the largest insurance company in the world fall apart? Who’s to blame? Watch Poppy Harlow’s attempt to explain the decisions being made by managers, investors and governments. Source: CNN – video report Date: 3/16/2009 Keys: Finance, stock markets, banking, insurance, government Embedded video from <a href=”http://money.cnn.com/video” mce_href=”http://money.cnn.com/video”>CNNMoney.com Video</a> Link:  http://money.cnn.com/video/news/2009/03/16/news.031609.maloney.cnnmoney/ Questions for discussion:… Read more »