Wednesday, September 30, 2009

How to turn around a corporation

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Lessons from Starbucks' renaissance : Hire the old CEO who originally built up the brand Close poorly performing outlets Squeeze $500...

How to "loot" a corporation

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In 1994, George Akerlof and Paul Romer showed us how to loot a corporation by borrowing with other people's money: firms have an incen...
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The Economist on B-School Reform

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After citing some sketchy statistics about MBAs' responsibility for the recent global "catastrophe" (e.g., "Most of the p...
2 comments:
Tuesday, September 29, 2009

Moral Hazard at NSF

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Oh my ! For instance, one senior executive spent at least 331 days looking at pornography on his government computer and chatting online wit...

Unfair, but well done

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Monday, September 28, 2009

Will this merger succeed?

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Wells Fargo's acquisition of Wachovia looks as if it will create synergies: On the positive side, the merger has doubled the number of...

What do longer skirts, shorter hair, lipstick, hair coloring and hot waitresses have in common

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All are counter-cyclical indicators (inferior goods). On the last item : “They slowly let the boys go, then the less attractive girls, and...

"Strategic" Mortgage Defaulters

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A new study of mortgage defaults using a sample of 24 million individual credit files has found much higher rates of "strategic" d...
Thursday, September 24, 2009

Consumer Reports Goes after Wireless "Exclusivity deals"

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Received via email today: If you own a cell phone, the giant telecom companies are likely holding you hostage right now. They know they c...
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Free market environmentalism

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