Summer Shorts

Posted by

This week I had hoped to be on a beach. Not sure if that’s going to happen, but here are two beach-appropriate short reads. Please consume while wearing flip-flops:   I. Capping CAPM A Google search on the Capital Asset Pricing Model returns over 1.2 million hits. This model, taught in finance courses as “Cap-em,” indicates that […]

Save Fritz Henderson!

Posted by
| Comments Off on Save Fritz Henderson!

Well, perhaps not literally. An alternate title could be “Save GM from Itself.” But General Motors itself is not news, of course, and that title would miss the lovely phrase “Fritz Henderson.” The guy may be out of a job now, but he can almost certainly find employment if there is ever an opening for […]

Venezuela and AIG

Posted by
| Comments Off on Venezuela and AIG

Today the house has approved the retroactive tax on bonuses paid to highly-compensated individuals in companies that have gotten government stimulus money.   I understand that there are possible issues on constitutionality in such a bill, as it appears to approach “legislative punishment.”  (see http://dealbreaker.com/2009/03/is-the-aig-tax-constitutional.php for a layman’s view of the actual bill and its tests.) My […]