What Yahoo Should Do

In this economic day and age, cash is king. As markets, industries and companies delever in what seems to be a chorus of balance sheet deflation, the value of cash as an investment vehicle has increased exponentially. What does this have to do with Yahoo’s strategy ? First of all, it means that MicroSoft would…

We Don’t Need an Uptick Rule

This is a simple issue. It used to be that you couldn’t short a stock unless there was an uptick. The idea was that this uptick rule would prevent short sellers from piling on a stock and driving the price down. Then the uptick rule was removed. It became permissable to borrow shares of stock…

The SEC

First let me say that this has nothing to do with me, but given my interest in all things financial and the government during this financial crisis, I read with interest the Office of Inspector General’s Report to Congress regarding the SEC. The SEC deserves credit for casting such a critical eye at itself. It…

Quick Solution to a Detroit Auto Bailout

In reading all the discussion about the possibility of a bailout of GM, Ford and maybe Chrysler, it appears to me that no one has asked and answered the fundamental questions behind the issue. First let me say that this is not about the quality of cars they build. I just bought a Ford for…

PE Obama’s 1st Big Mistake

Its great to see President Elect Obama aggressively taking on the economy prior to his taking office. Unfortunately, the economic advisory team that he has put together looks more like a semester’s worth of great guest speakers for an MBA class than an economic advisory team that can truly help him. There are a lot…

Proud To Be an American

I voted for President Elect Obama. The rest of my votes went almost exclusively to Republicans , Libertarians and Independents. In looking at the Democratic platform, there are a few things I agree with, but on the economic side, other than being ok with him raising my effective tax rate to 40pct, there isn’t a…