Description: Anglo Irish Bank’s unfinished head office pokes into the sky on Dublin’s North Wall Quay, a silent testimony to the rise and fall of the Celtic Tiger. Source: TheGlobeandMail.com  Date: 11/12/2010 Link: http://www.theglobeandmail.com/report-on-business/economy/the-slaying-of-the-celtic-tiger/article1797583/ Questions for discussion: Summarize the history of the Irish economic experience. What do you think will happen to Irish markets… Read more »
Posts Tagged: The Financial System (p558)
Wall Street Soars After Election
Description: Business and economics correspondent Rebecca Jarvis explains why Wall Street is doing well while unemployment is still high. Source: BNET.com – video report Date: 11/05/2010 Link: http://moneywatch.bnet.com/investing/video/wall-street-soars-after-election/481308/?tag=col1;fd-banner-roto  Questions for discussion: Summarize the key points presented in the report. Why did the stock market respond so favorably? What do you think will happen to markets… Read more »
Federal Reserve to buy $600 billion in bonds
Description: The Federal Reserve pledged on Wednesday to start a controversial new $600 billion bond-buying spree to rescue the economy from its current doldrums. Source: Marketwatch.com Date: 11/03/2010 Link: http://www.marketwatch.com/story/fed-to-buy-600-billion-in-government-bonds-2010-11-03 Questions for discussion: How does this action by the Federal Reserve help stimulate the economy? What are the consequences associated with this action in the… Read more »
Monster roars. Good news for jobs?
Description: The job market may not exactly be healthy. Unemployment is still relatively high around the country and those who have been out of work a long time are really struggling to find permanent, well-paying jobs. Source: CNNMoney.com Date: 10/29/2010 Link: http://money.cnn.com/2010/10/29/news/economy/thebuzz/index.htm Questions for discussion: How does Monster.com use technology to attract business away from… Read more »
digits: Steve Jobs Jabs at Competition
Description: On yesterday’s earning call, Apple CEO Steve Jobs issued a string of criticisms about Apple’s rivals from Research in Motion and Google to unnamed companies making seven-inch tablets. Plus: what analysts have to say this morning about Apple’s growth overriding concerns. Peter Kafka and Jennifer Valentino-DeVries discuss on Digits. Source: Marketwatch..com – video report… Read more »
BullHorn: GOOG, YHOO, education, gambling
Description: Google keeps rising while Yahoo may get bought out. For-profit education takes a hit and betting on gambling may not pay off. Source: CNNMoney.com – video report Date: 10/15/2010 Link: http://money.cnn.com/video/markets/2010/10/15/mkts_bh_goog_yhoo_edu_gambling.cnnmoney/ Questions for discussion: Summarize the assessments of each stock and the reasons given? Do you agree with these comments? How important is the… Read more »
Google reveals surprisingly huge mobile and display ad sales
Description: Google’s profit soared in the third quarter, defying skeptical investors and analysts who feared that the search giant would never find a a significant new revenue stream besides search advertisements. Source: CNNMoney.com  Date: 10/15/2010 Link: http://money.cnn.com/2010/10/14/technology/google_earnings/index.htm Questions for discussion: Why has Google stock rebounded on the stock market? What are the sources of… Read more »
Blockbuster Chief Says He Will Evaluate `Every Single Store’
Description: Blockbuster Inc. Chief Executive Officer James Keyes said he will evaluate “every single store†in the video-rental chain as it reorganizes to compete with competitors that provide movies online and by mail. Source: Bloomberg.com  Date: 09/24/2010 Link: http://www.bloomberg.com/news/2010-09-24/blockbuster-chief-says-he-ll-evaluate-every-single-store-in-video-chain.html Questions for discussion: Why did Blockbuster fail? Why is closing down Blockbuster stores a quick… Read more »
After the Financial Meltdown, Where’s America’s Outrage?
Description: Andrew Ross Sorkin of The New York Times noted that 49% of people surveyed had a negative view of Goldman Sachs. Financial companies are busily trying to rebuild their reputations by, among other things, running lots of advertisements touting their lending activities, but numerous reports show that banks are cutting credit lines to both… Read more »
What went wrong at Burger King
Description: It’s not yet clear what Burger King’s new owner, the Brazilian-backed private equity firm 3G Capital, has in mind for the troubled No. 2 fast-food chain. But a total strategic revamp is in order. Source: CNNMoney.com  Date: 09/03/2010 Link: http://money.cnn.com/2010/09/03/news/companies/burger_king_buyout.fortune/index.htm Questions for discussion: Summarize the reasons given for Burger King’s failure? What would… Read more »
