All You Need Is Cash

 Posted by Matthew Miller
I came across the article from The Economist that Professor Watkins referenced in the class a few times.  It deals with the liquidity and financing issues that banks and other corporations are dealing with now.  I thought it would be good to share with the class.  Full link is below.
 
SELDOM has corporate strategy [...]

Avoid Credit Repair By Lanlan Liang

Obviously, having a good credit is important, because a bad credit score can make it hard for you to get a loan. In a time of financial crisis, credit repairs might be tempting, but they do not always work.
Companies that provide credit repair services will ask you for a large payment upfront for the services, [...]

Networking Your way to better career opportunities

By：Hua Li

Networking is one of the important and most effective job-search strategies. Networking is defines as the process of developing contacts and exchanging information with others to further your career. Networking is about building relationship and it can be especially helpful if you are trying to enter a competitive field or if the job market [...]

SU students having bad reputation in syracuse

By Kush
 
So apparently I have heard from several Syracuse University students that when it came to looking for jobs or internships locally there has been a handful of companies turning these students away and it wasn’t because of their grades or past experience but more so because of the fact that they went to or [...]

Airlines Managing Low Holiday Demand by Scott Craft

   The airline industry is faring much better than many other industries in the country’s current financial crisis.  Over the last few months, very major airline has cut capacity by somewhere around 10-15% due to the country’s financial situation and rising fuel costs.  But with fuel now at essentially 1/3 the price it was at [...]

Sports Clubs Turn to Airline Pricing, By Matt Wettje

Teams are now looking to get the most bang for their buck based on true market factors.  Everyday tickets for sporting events are resold at dramatically market up prices. As a result of the weak economy, professional teams will now institute price fluctuation in order to tap into some of the inflated profits that scalpers [...]

Some Underpriced Stocks To Consider

By Scott Lepkofker

Everybody keeps saying how now is the time to buy up shares of companies stocks that have dipped to all time lows.  Some people are buying them up now, some are waiting for it to dip further, and others are doing a little of both.  With that being said here are a few [...]

Sponsors Paying For Boxing Match, By Matt Wettje

Tonight Oscar De La Hoya and MannyPacquiao will fight in Las Vegas. It promises to be an exciting fight, for those who can afford to see it. It is ashame that, like many Pay-Per-View showings, the biggest deal is being made of the price to watch it. Many people refuse to pay the $54.95 in order to [...]

Changing Career Paths By: Ahmed Madry

This is a personal story that may relate to some of the fellow finance majors that are graduating or looking for internships.  Unfortunately, the timing of my graduation with the  shaky health of the finance industry resulted in a lack of full-time opportunity for me.  My internship with JP Morgan Chase left me with good [...]

Unemployment Continues to Rise in November

by: Mike Miranda
The job report released today further showed the difficult economic times we’re struggling through. The credit crisis and financial meltdown have caused many companies to implement cost cutting strategies to improve their financial outlook in the near future. The unemployment rate has risen to 6.7% which is the highest level the United States [...]

Solutions and slides – Chapters 9, 10 and 16

Merry Christmas!
As a Christmas gift to you, I’ve included some slides and solutions that might make your studying a bit easier:
Power point slides
chapter 9
chapter 10
chapter 16
 
Solutions to End of Chapter Problems
Chapter 9
Chapter 10
Chapter 16

Companies Continue to Cut Costs by Pierre Carras

As companies continue to cut costs in order to make up for the decrease in revenues, the unemployment rate in the U.S. has hit its 10-year high at 7.8%. Companies are laying off employees in divisions where revenues have decreased dramatically and divisions where revenue outlooks have been lowered. Some of the most recent cases [...]

Impact of Terror

By Pavitra
Mumbai, the financial capital of India and a major tourist attraction was attacked by militants on the night of November 26th, 2008. The city came to a halt for the next 60 hours as the soldiers battled the terrorists and rescued the hostages.
The damage was mind blowing; more than 195 people killed, more [...]

Auto Companies Asking for More Money By: Jake Kuss

In the midst of the current financial crisis, the big three automakers (GM, Ford, Chrysler) are asking for more money for their bailout plan:
NEW YORK (CNNMoney.com) — Automakers submitted their turnaround plans to Congress Tuesday with the hopes of winning approval for a lucrative loan package they claim is necessary for their survival.
The plans included [...]

Russian art bubble bursts

Post by: BMKRIGER
When reading, keep in mind that this is an small indicator of the world economy.
The Russian art market has exploded in recent years, booming as rich industrialists and financiers ploughed their growing fortunes into painting and sculpture.

Goncharova’s Still Life was one of the priciest works this week

But this bubble, like many others, now [...]

For ‘09 Grads, Job Prospects Take a Dive

By: Alex Chung
           Due to the financial crisis and downfall of the market, jobs for the graduates of ’09 don’t look too appealing. Students across the country are all starting to worry because they don’t feel as if they will be have jobs after college. Employers are looking to trim their recruiting and hiring due to the slow [...]

Strategies for Car Shopping in a Time of Tighter Credit

Brian Hubbell
EXPLORE YOUR FINANCING OPTIONS
The contrast between the most credit-worthy borrowers and those with black marks has never been so great.
Lenders are now demanding that weaker borrowers come up with a 10 to 15 percent down payment, whereas only six months ago lenders were happy to provide financing without any cash up front. They [...]

Bailout Under First Official Review

The $700 billion bailout plan that was instituted on October 3rd of 2008 will be subjected to it’s first audit starting Tuesday, December 2nd. The Government Accountability Office or the GAO will present a report to congress about the progress of the bailout plan. The bailout plan has had it’s problems. Many industries, such as the [...]

Fed Taking Action: Using Historic Monetary Policy. BY Ahmed Madry

 
The Fed has decided to take action that has not been seen since the 1950’s to help cure the ill effects of the recession that plagues the current United States economy.  There is no definitive time where the recession actually started but the National Bureau of Economic Research believes this recession began in December of [...]

HMOs, PPOs and POS Plans – All the Difference in the World

Make sure you read this for class!!!!!
 
There are three basic types of managed care health insurance plans: (1) HMOs, (2) PPOs, and (3) POS plans.
HMOsA health maintenance organization (HMO) is a type of managed healthcare system. HMOs, and their close cousins, preferred provider organizations (PPOs), share the goal of reducing healthcare costs by focusing on [...]

A little history lesson -BMKRIGER

My brother brought this quote to my attention:
Thomas Jefferson was concise in his early warning to the American nation. This is what he said:  “If the American people ever allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around [...]

Black Friday in Long Island

By Sofiya Avramova
The Thanksgiving celebrations turned tragic for some Black Friday shoppers and Walmart employees. When the crowd of impatient shoppers poured into Walmart store. The crowd stormed the front doors early Friday morning and walked forcibly over the poor man who was knocked down to the ground. Several other workers were pushed to the [...]

No Job at Graduation?

By: Hua Li

There are many people who won’t have a job in hand when they accept their diplomas, especially for the job market we have now. What do you do if you are in that situation? Here are some tips:

1. Go back to school’s career center: One of the first things you should do [...]