Description: Hopes are fading that Google will be able to reach an agreement with China to remain in business there. With an exit by Google, a big chunk of the search market would be up for grabs, Ben Worthen reports on Digits with Stacey Delo, Eric Savitz and Marcelo Prince. Source: Marketwatch.com – video report… Read more »
Posts Tagged: The Financial System (p558)
Palm shares may hit $0: Analysts
Description: Palm’s future already looked bleak. But after reporting worse than expected results for the third quarter Thursday, some analysts think the company’s stock is now essentially worthless. Source: CNNMoney.com  Date: 03/19/2010 Link: http://money.cnn.com/2010/03/19/technology/palm_target_price_zero/index.htm Questions for discussion: Summarize the reasons for Palm’s demise. Do believe there is hope for the stock?
Avoid Negative-Net-Worth Stocks Like the Plague: John Dorfman
Description: I rarely buy a stock whose debt is greater than stockholders’ equity, or corporate net worth per share. In effect, that means I won’t give a second look to about one third of U.S. stocks. Source: Bloomberg.com Date: 03/15/2010 Link: http://www.bloomberg.com/apps/news?pid=20601039&sid=aReZz0vi1B5U Questions for discussion: In general, do you agree with this analysis and strategy… Read more »
What killed Lehman
Description: Failings by Lehman Brothers executives and its auditor led to the bank collapse that unleashed the worst of the financial crisis, according to a report by a court-appointed investigator. Source: CNNMoney.com  Date: 03/12/2010 Link: http://money.cnn.com/2010/03/12/news/companies/lehman_examiner/index.htm Questions for discussion: Summarize the findings in the report? Who do you believe is mostly to blame for… Read more »
Great Time to Buy (Famous Last Words)
Description: “IT’S a great time to buy a home.†Real estate agents were saying that in 2001, as home prices were rising. They also said it when home prices peaked in 2005  in fact, David Lereah, former chief economist of the National Association of Realtors, published a book that year titled “Are You Missing… Read more »
Madoff whistleblower blames regulators
Description: Harry Markopolos, independent financial fraud investigator, says SEC regulators are at fault for failing to protect investors. Source: CNNMoney.com – video report  Date: 03/02/2010 Link: http://money.cnn.com/video/news/2010/03/02/n_ss_markopolos_reg.cnnmoney/ Questions for discussion: Do you agree with the arguments presented that explain the fraud? Do you believe government should regulate the financial services industry more? Explain your… Read more »
Investors Hope the ’10s Beat the ’00s
Description: The U.S. stock market is wrapping up what is likely to be its worst decade ever. In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s. Source: WSJ.com Date: 12/20/2009 Link: http://online.wsj.com/article/SB10001424052748704786204574607993448916718.html?mod=WSJ_hp_mostpop_read Questions for discussion: Summarize the highlights of the story. Do you think… Read more »
Credit card usury bill coming soon in House
Description: Several congressional Democrats said on Wednesday they plan to introduce legislation next week to cap credit card interest rates. Source: Reuters.com Date: 11/25/2009 Link: http://www.reuters.com/article/politicsNews/idUSTRE5AO4ZO20091125 Questions for discussion: What the arguments for and against regulating credit card interest rates? Do you believe rates should be regulated? Explain your answer. What are the likely consequences… Read more »
Exxon Mobil earnings plunge 68%
Description: Exxon Mobil reported a 68% decline in third-quarter earnings Thursday as oil and natural gas prices tumbled from last year’s highs. Source: CNNMoney.com Date: 10/29/2009 Link: http://money.cnn.com/2009/10/29/news/companies/exxon_mobil/index.htm?postversion=2009102912 Questions for discussion: Summarize the current financial situation for the firm. Do you think investors will punish the company stock? Explain your answer. How has the stock… Read more »
Amazon shares close at record high
Description: The online retailer’s stock finishes up nearly 30% as investors see the company becoming a powerhouse of the post-recession economy. Source: CNNMoney.com Date: 10/23/2009 Link: http://money.cnn.com/2009/10/23/news/companies/Amazon/index.htm?postversion=2009102318 Questions for discussion: Do you think investors are correct in their assessment of future online sales and profits at Amazon? Do you think some categories of merchandise or… Read more »
