Friday, April 30, 2010

#116 Oprah's No Phone Zone Day



What a great movement! Most importantly, this will save lives, but it will also save our nation from the costs associated with medical care related to injuries caused by distracted driving. Thanks, Oprah!

Sunday, April 25, 2010

#114 Ben Stein Tells It Like It Is

Before he was a befuddled teacher searching for Ferris Bueller, Ben Stein was an economist working for the Nixon Administration. Here he shares how he is squarely behind the Obama Administration's call for immediate financial reforms as a first step in preventing future financial frauds such as we experienced in 2008.
Watch CBS News Videos Online

Thursday, April 22, 2010

#113 A Few Thoughts About Post Its and 3M


I love Craig Wilson's Final Word column that appears each Wednesday in USA Today and I love to talk about 3M and their innovation efforts in my Introduction to Quality Systems class. That means I especially loved this column!
http://www.usatoday.com/life/columnist/finalword/2010-04-21-final21_ST_N.htm?loc=interstitialskip

#112 Experts Dismiss Proposed Financial Regulatory Reforms

I saw this on the Today Show this morning and noted that Lynn Turner, former SEC Chief Accountant, was speaking out against the proposed reforms as being too weak. I have seen Dr. Turner speak at American Accounting Association updates and if he says its not adequate reform, I believe him!

Visit msnbc.com for breaking news, world news, and news about the economy

Monday, April 19, 2010

#111 Walmart International CEO Gives Leadership Advice


At age 43, Doug McMillon has achieved great success with Walmart. In this USA Today article, he shares some of his theories on management and the competitive advantage that Walmart enjoys.http://www.usatoday.com/money/companies/management/advice/2010-04-19-advice19_ST_N.htm

#110 Katie's Optimism

Katie's view that fraud by Goldman Sachs and others will be punished may be on the naive side - we'll see!
Watch CBS News Videos Online

Saturday, April 17, 2010

Re: #4 i.o.u.s.a. solutions

This update by CNN shows how the debt crisis continues to grow. View the 30 minute version of the original documentary for the basics on this problem - link at #4.

Friday, April 16, 2010

#109 Goldman Sachs Faces Fraud Charges

The SEC is trying to flex some muscle with this investigation. It's about time, but whether these charges will stick is yet to be seen.

Visit msnbc.com for breaking news, world news, and news about the economy

Thursday, April 15, 2010

#108 In Honor of Tax Day



A significant number of Americans pay no taxes. Many of those that pay feel overtaxed and yet our rates are much lower than those paid in the 1960s - 1980s! This article from CNN Money.Com tells more.
http://money.cnn.com/2009/09/30/pf/taxes/who_pays_taxes/index.htm

#107: Toyota Was In Denial

This opinion piece offers an interesting perspective about Toyota's failure to proactively address their current recall problems.
http://www.businessweek.com/magazine/content/10_16/b4174076731775.htm?chan=magazine+channel_business+views

Monday, April 5, 2010

Re #20: The Smartest Guys in the Room


I didn't know this Academy Award nominated documentary had been airing on CNBC for the last few days, but found it this evening. There is one more airing on April 15 at 7 pm CT. You may be busy, but I encourage you to DVR this and take it in once finals are over. This story is a critical piece of the puzzle as far as current accounting regulatory practice goes.
http://www.cnbc.com/id/35836210

Saturday, April 3, 2010

#106 Discontinuing a Segment, Store, Etc.


Relevant to our discussion of short term relevant costs:http://www.businessweek.com/magazine/content/10_14/b4172028512211.htm?chan=magazine+channel_new+business

#105 On the Subject of Committed Fixed Costs


From Business Week, this article is called "March Payday Madness"http://www.businessweek.com/magazine/content/10_14/b4172058546496.htm?chan=magazine+channel_top+stories

#788: How to Outsmart Shoplifters