May 2012
May 22, 2012 –
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RELATED TICKERS: FB
Some in the finance world are wondering about what's going to happen to Facebook now that it's had a busted IPO. [more]
May 15, 2012 –
I recently opened a position in Expeditors International (EXPD). [more]
May 14, 2012 –
As reported and as I blogged earlier, our friends at JP Morgan lost about $2 billion on a bet on high quality corporates. They effectively went long corporates through derivatives, by selling default swaps on a corporate index. [more]
May 11, 2012 –
Continuing with the theme of risk and corporate governance, JP Morgan recently announced that it lost $2 billion on a trade gone wrong. When analysts raised concerns over the bank's risk level on a conference call, Jamie Dimon dismissed the concerns, saying that they were a "tempest in a teapot." [more]
May 08, 2012 –
As many of you are aware, it's come to light that Yahoo's new CEO, Scott Thompson, stated that he had a degree in both computer science and accounting. However, he only has a degree in the latter. [more]
May 02, 2012 –
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RELATED TICKERS: CHK
Aubrey McClendon has a taste for leverage. Lots of leverage. [more]
May 01, 2012 –
Previously, Morningstar rated various companies on their corporate governance policies. For example, is the chair of the board of directors independent (good), or is he/she the CEO? Are board terms staggered (bad)? Is executive compensation reasonable? Are there a suspicious number of related-party transactions? [more]