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GLG News by this Author
Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
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Accounting of bailout money is allowing for executive bonuses to be paid.
March 16, 2009
AIG Executives receive bonus | www.cnn.com
There is a problem. It is the accounting of bailout money on the balance sheet. Most contracts are performance based and a contract does not guarantee a bonus to its employees. Unless the bailout money is accounted as an offset on the balance sheet allowing the company to show a profit.
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Apple is Positioned for the Future!
October 3, 2008
Apple falls on consumer spending fears | www.ft.com
Analysts have downgraded Apple this week on consumer spending fears. Apple is more than ever positioned for growth. Ipods are must have's and a part of our everyday life.
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