Archive for April, 2010

30
Apr

Oil Issues In The Gulf: The Real Losers

Posted by The Weakonomist in Friday, April 30th 2010   Comments Off   

Hopefully by now you’ve heard about the BP oil rig that more or less exploded in the Gulf of Mexico, killing some workers, burning, sinking into the gulf, and ended up releasing hundreds of thousands of gallons of oil into the gulf, per day. It’s a tragedy for the families of the lost workers, [...]

under: business, environment, media    
29
Apr

HP and Palm: How Mergers and Acquisitions Work

Posted by The Weakonomist in Thursday, April 29th 2010   6 comments already   

I know you’ve been dying to know how mergers and acquisitions (M&A) work. You’ve been sitting on the other side of the Weakonomics front page every day for months just waiting for me to talk about M&A. Well to the one person that was actually waiting for that, today is your lucky day.
For [...]

under: business, investing    
28
Apr

Survey Says: The Stimulus Didn’t Work

Posted by The Weakonomist in Wednesday, April 28th 2010   1 comment so far   

A survey of business economists reported that they largely believe the stimulus didn’t work. That’s right, the $787 billion bailout did nothing. That’s what the headline is saying at least. In more detail, the survey was of 68 private sector economists. A private sector economist is employed by a private firm [...]

under: business, economics, government    
27
Apr

Liquidity Trap

Posted by The Weakonomist in Tuesday, April 27th 2010   1 comment so far   

Sounds like drowning in a sea of money right? You’re not that far off. Unfortunately, a liquidity trap isn’t as great as being covered in cash. It’s about as great as having so much cash you choke on it and die. Emphasis on the death. Hopefully you’re familiar by now with [...]

under: economics, government    
26
Apr

Apple In The Dow? Not Gonna Happen

Posted by The Weakonomist in Monday, April 26th 2010   3 comments already   

CNN Money’s Paul La Monica had an idea that I initially thought was preposterous: add Apple to the Dow. For those of you that don’t know what the Dow is, it’s the Dow Jones Industrial Average, the most well recognized stock market index on the planet. I’ve talked before about why I hate [...]

under: business, investing, media    
24
Apr

Weakend: Earth Day

Posted by The Weakonomist in Saturday, April 24th 2010   2 comments already   

Earth Day would be way too easy to criticize for being a sad attempt to raise awareness. We all know today that we are supposed to care about the environment and reduce our carbon footprint, but I don’t think it’s been thanks to Earth Day. One day a year is a useless exercise. [...]

under: weakend    
23
Apr

Why I’ve Been Paying Attention To Earnings This Quarter

Posted by The Weakonomist in Friday, April 23rd 2010   1 comment so far   

This time of year is what is known as “earnings season” on Wall Street. Many firms are releasing their earnings statements for the 1st quarter of 2010. They have to do this because federal regulations require the publicly traded companies file statements quarterly in the name of transparency (and taxes).
The nature of my [...]

under: business, economics, personal finance    
22
Apr

The New $100 Bill & Why It Exists

Posted by The Weakonomist in Thursday, April 22nd 2010   5 comments already   

The Treasury Department has announced a new $100 bill, ain’t it perty?

Who uses cash anymore? Aside from the random cup of coffee or paying someone back for a purchase made together, I never use cash. I hate to carry it. And I hate to use it. I much prefer the emotional [...]

under: economics, government    
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