Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
Working Capital - Internal Audit and Control - Accounting Standards
October 30, 2009
A Crash Course in Working Capital | www.cfo.com
The referred Article speaks of the importance of working capital, internal audit and proper financial statement and how these interact to provide a proper business growth environment. In my analysis below I give my thoughts on these aspects.
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 ofhaving...
September 6, 2009
Lehman Brothers, the bank that bust the boom | www.telegraph.co.uk
It is self evident that Lehman Brothers would still be in existence today had they rewarded Fuld and his cronies for not changing the risk structure of the bank, and not leveraging it into oblivion. The lesson here is one that all professional business people know full well, but some seem to have forgotten,...
CDS Regulation , Accounting and Economic Effects
August 16, 2009
Derivatives Plans Spark Doubts on CDS | www.ft.com
CDS have created problems for some time now. The proposal to regulate CDS over the counter sales will in my opinion create more problems than it will solve. This is especially in the context of the triple regulation suggested - SEC, CFTC and a dispute regulatory mechanism for the turf between thetwo...
Accounting and Financial Risk in the Background of Declining Credit Availabilty
June 16, 2009
Liquidity, Crime Woes Shake Up Chief Risk Officers | www.cfo.com
The current situation of non availability of credit is leading to a position where Chief Risk Officers and CFO's will have a difficult time in funds management, meeting profitability targets and running a business. Funds constraints will make it difficult to extend credit to customers when financial...
Cost of Capital - The Formula Which No Longer Makes Sense In A Changing World
May 27, 2009
A Losing Formula | www.cfo.com
The financial world is changing and undergoing metamorphosis. Companies like GM and Chrysler are insolvent. Stock indices gyrate for no reason. Financial giants regularly go bust these days - so it seems. In this scenario what we have is a situation where the basic formulae for computing the cost of...
Treasurers at the Helm - From Backroom to the Boardroom
May 7, 2009
Crisis multiplies strains on company treasurers | www.ft.com
Treasurers used to rely on the accounting and finance department to provide the numbers to forecast cashflow requirements and generally accept these as given to determine their cashflow forecasts, liquidity requirements and risk. Today's Treasurer needs to be a Corporate Finance...
The Price of Financial Innovation - Pitfalls in the Road
April 30, 2009
Fed Chief Warns Against Stifling New Ideas | www.ft.com
The price of financial innovation can be like the ends of a pendulum. I would compare it to say research in medicine - except that there are no clinical trials for financial products. Just as thalidomide created major deaths/deformaties relating to the birth of children in the 1960's so CDO's...
Shock Tactics for Risk Takers - Abacus Consulting, financial services
February 9, 2009
US Plans to Curb Executive Pay for Bailout Recipients | www.nytimes.com
It will only be by such shock tactics that the pain might be remembered for generations to come to try to prevent them from acting with such irrational exuberance in the future. Where are all these disgruntled executives going to go? Who is going to pay these numbers? No shareholders...
The Bailout Scenario, Executive Pay and Declining Productivity
February 6, 2009
US Plans to Curb Executive Pay for Bailout Recipients | www.nytimes.com
We are today in a situation where socialist practices are making their way into capitalist economies. The restriction on executive pay is only one such instance. The players in the market themselves are to blame for this situation which is not very healthy for capital development and economic growth....
Obama Expected to Sign Generous NOL Carryback Bill on Friday
November 5, 2009
Cloud Computing is Realizing the Services that you Need, and do not have to Own
November 5, 2009
Accounting and The Gold Price - Fair Value - Valuation Problems to be Expected
November 4, 2009
Why Biofuels are Good for the Us, the Environment and the Economy
November 4, 2009
Royal Bank of Scotland and Lloyds - The Price of Failure
November 3, 2009
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