Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
Creative Landlord's Keep Existing Tenants and Try to Fill Vacancies
October 28, 2009
Landlords Sweeten Pot for Renters | online.wsj.com
Renegotiating existing leases and renewals may improve some tenant's 2010 budgets. Tenants are the beneficiaries as landlords struggle to keep occupancy status quo and work toward attracting new tenants. Area absorption rates are for the most part negative as businesses downsize and tenants move only if it is economically beneficial. The following analysis summarizes the trends in the Midwest, specifically the greater St. Louis area.
Good and Bad JAL : selling the Crown Jewels -part 2-
October 15, 2009
Task force floats debt plan for JAL | www.ft.com
Key problem is shareholder's pain tolerance level.
Obama Administration Moves Foreign Earnings Tax Deferral Reform to Back Burner
October 13, 2009
Business Fends Off Tax Hit | online.wsj.com
Once again, a proposal to reform how a U.S. based multinational company's foreign earnings are taxed has failed to gain congressional support. Similar proposals introduced over the past twenty years have consistently failed to gain traction. The current proposal was part of the Obama administration's fiscal year 2010 budget which made reference to additional tax revenues in excess of $200 billion related to the reform of corporate taxation on foreign earnings.
Offshoring - Changing Accounting Dynamics - Auditing and Control
October 8, 2009
The New Calculus of Offshoring | www.cfo.com
Increased overseas costs, security dynamics and the sudden availability of newly jobless employees has changed the offshoring dynamics. Offshoring continues but the repetitive tasks with high risk and control difficulties are getting out of the offshoring matrix. In this analysis I look at the effects of these changing dynamics in relation to auditing and control factors.
Central Bank Policy - Gold - Dollar - Accounting and the Gold Standard
October 8, 2009
Central Banks in Europe Hold Rates Steady | www.nytimes.com
The policy of Central Banks over the last year has left the monetary system in a state of limbo. The value of the dollar in terms of bullion and other commodities is taking a beating. The increasing value of gold in currency terms reminds one of the days of the gold standard and the benefits of having gold as a store of value. In this analysis I take a look at how this increasing value of gold may effect internal controls and corporate financial policies.
Japan Air Line (JAL) a Japanese GM or long-term investment opportunity?
October 4, 2009
JAL calls for funding help from Tokyo | www.ft.com
JAL has been said to be a potential Japanese GM; does the comparison stand out?
Spain's growing budget deficit - a Spanish opinion
October 2, 2009
Spain's growing budget deficit: Taxing times | www.economist.com
Mr Rodríguez Zapatero's economic policies demonstrated to be inconsistent, improvised and unsustainable.Spain needs more time and harder work than peer countries to recover. Structural reforms on education, fighting spreading corruption and strengthening the national political tissue are much needed to help the economy return to its growth path.Recession, unemployment and credit crunch expected to continue during 2010.
September 29, 2009
Spain's growing budget deficit: Taxing times | www.economist.com
Economic crisis in the Spanish Government undertakes a way of raising taxes to try to maintain consumption with social measures without increasing the deficit at a level insurmountable.Notwithstanding that higher taxes, especially VAT, does not seem well designed and that certain errors persist, health, and instead do not raise taxes to record the highest incomes.
Business Cycles, Legislation and Accounting - Where will it Lead?
September 15, 2009
For Obama, a Chance to Reform the Street is Fading | www.nytimes.com
The current recession is part of a business cycle. The reasons for the recession are several but then a trough after a long period of prosperity is to be expected. President Obama puts the blame on investment bankers and executives. There is also talk of legislation to limit further repeats. I wonder how this will impact accounting and in turn the figures on which financial decisions are made. In this analysis i present some of my thoughts on the subject..
Bank of America and The Lesson of Parmalat
September 15, 2009
Bank of America liable for fraud, judge told | www.thestar.com
Parmalat (once Italy’s largest dairy company) was "Europe’s Enron".In my experience, fraud and corruption in an organisation can only be rooted out if my “five principles of good governance” are followed.When something stinks, you open the window and throw it out.
Obama Expected to Sign Generous NOL Carryback Bill on Friday
November 5, 2009
Bank of America and The Lesson of Parmalat
September 15, 2009
September 6, 2009
The Consequences of The UBS Tax Evasion Cases
September 1, 2009
The Reality of UBS and Liechtenstein Tax Settlements
August 25, 2009