Posts filed under “Corporate Management”

US Bank Fines = $95 Billion Dollars

In less than 5 years, these 5 banks have amassed nearly $100 Billion dollars in fines n 81 settlements:

 

 

click for ginormous graphic
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Source: Economist via Washington Post

 

Category: Bailouts, Corporate Management, Really, really bad calls, Regulation

JPMorgan: Fish Rot from the Head

JPMorgan: Fish Rot from the Head William K. Black New Economic Perspectives October 23, 2013     The New York Times’ spin of the tentative settlement of JPMorgan’s latest myriad felonies begins early and runs throughout the article.  JPMorgan and Attorney General Eric Holder have reached a common meme on their settlement:  the Department of…Read More

Category: Bailouts, Corporate Management, Legal, Really, really bad calls

The Buffetts (3 Generations) Discuss Charity & Succession

Oct. 22 (Bloomberg) — Berkshire Hathaway chairman/CEO Warren Buffett, board member Howard G. Buffett and Howard W. Buffett, executive director at Howard G. Buffett Foundation, talk with Betty Liu about their book “40 Chances,” their philanthropic endeavors, succession at Berkshire Hathaway and Warren Buffett’s love of the TV show “Breaking Bad.” They speak on Bloomberg Television’s “In The Loop.”

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Category: Corporate Management, Video

Apple’s Stock Price Post New Product Announcements

Daring Fireball points out that following most new Apple product introductions, the stock price tends to fall: Here are the Steve Jobs product announcement stock action: • 23 October 2001, introduction of original iPod: AAPL fell about 5 percent. • 7 January 2002, Macworld Expo keynote: AAPL fell 4 percent. • 7 January 2003, Macworld…Read More

Category: Corporate Management, Investing, R&D, Technology

The Rise & Fall of Blackberry

Click for ginormous graphic Source: NYT

Category: Corporate Management, Cycles, Digital Media, Technology

Top 10 Bank Fines (Post 2008-09 Crisis)

Fines here, fines there, fines everywhere! The Wall Street Journal discusses the proposed $11 billion dollar JPM fine, but  buries the good stuff in this morning’s article on Jamie Dimon (This Generation’s Greatest Banker! ®) We have been tracking JPM’s fines, but if you want an industry overview, try this collection: Here is a quick…Read More

Category: Bailouts, Corporate Management, Really, really bad calls, Regulation

New Measure of System Risk (circa 2008 Crisis)

Click to enlarge Source: Institute for New Economic Thinking     NYU prof Robert Engle, who long-time blog readers may recall from this post a ways back, won the Nobel prize for his work on Volatility. He has developed new ways to measure “Systemic risk” from his perch at the Volatility Institute at NYU: “We…Read More

Category: Bailouts, Corporate Management, Regulation

The False Crisis Narrative Persists

Last week, I posted Andrew Ross Sorkin’s NYT video on “The Financial Crisis, Five Years Later,” with a single word editorial, all in caps: BULLSHIT. The views espoused in this video were such unmitigated nonsense that I ended up changing my Sunday WaPo column in part to respond to that silliness: Lehman’s thud signaled an…Read More

Category: Bailouts, Corporate Management, Investing, Psychology

W. Edwards Deming: 14 Points for Management

“Long-term commitment to new learning and new philosophy is required of any management that seeks transformation. The timid and the fainthearted, and the people that expect quick results, are doomed to disappointment.” -W. Edwards Deming Dr. Deming’s Ideas Dr. Deming’s famous 14 Points, originally presented in Out of the Crisis, serve as management guidelines. The…Read More

Category: Corporate Management, Philosophy

JP Morgan Fines Now More Than $8 Billion Dollars

Time to update the tally: Each year, JPM has profits of about $25 billion dollars on revenues well over $100 billion dollars. Part of the cost of generating that revenue in a variety of dubious and even extra-legal ways are fines. Since 2011, JPM has been fined $8B: $56 million (April 2011) $153.6 million (June…Read More

Category: Corporate Management, Legal, Regulation