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Daily Archives: February 27, 2009

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Dell (DELL) Earnings: Has The PC Had Its Day?

Dell's earnings dropped 48% last quarter and now it will probably fire more people. The numbers were not a surprise. Independent research shows PC sales falling around the world as ...
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In Weakened Car Industry, Toyota (TM) Still Dominate Quality

American car companies can always hope that as the economy emerges from recession and car sales pick up that they will have a reasonably good chance to keep market share ...
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Saving Private Ryan: Sending The Financial World To Save Eastern Europe

It has begun to occur to the financial industry and the central banks of the G7 and a number of smaller Western European countries that if some of the nations in ...
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Is It OK To Fire Citigroup’s (C) Board

It is a corporate governance issue as much as anything else. Can one shareholder essentially "fire" most of a public company's board without the approval of other shareholders? That it ...
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Who Stole The Numbers From The Budget?

The proposed budget that the Administration released yesterday runs 184 pages, if the sections called “Notes”, which are blank pages for calculations and thoughts, and the order page where anyone can ...
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The Bank Leper List

Once a quarter, the FDIC does something which seems to have little purpose. It releases its list of “problem” banks. These are institutions which face a high risk of failure ...
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Media Digest 2/27/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, Obama is prepared to put up to $750 billion into banks. Reuters reports that the government and Citigroup (C) has worked out an equity conversion deal that ...
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Asia Markets And US Open 2/27/2009

Markets in Asia were mixed. The Nikkei rose 1.5% to 7,568. The Hang Seng dropped .2% to 12,874. The Shanghai Composite dropped 1.8% to 2,083. At the open in Europe, ...
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