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Earnings Cheating Season: Is Your Favorite Company Cooking the Books?

MishTalk

A sharp decline in EPS optimism since 2009 has been consistent with previous hiatuses in financial markets. In other words, there may be more to the recent flash-crash than just one weak retail sales datum a deeper malaise surrounding weak profits may be driving events. Are Days Sales Outstanding (DSO) increasing? If so (i.e.

Company 70
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The Challenges GM Is Facing, and the Reasoning Behind Its Plant Closures

Harvard Business

While the job losses are a terrible blow to those workers and the families they support and the local economies where the factories are located, the decision could prevent the kind of crisis that resulted in it seeking bankruptcy protection in 2009 and a $50 billion bailout by the U.S. Car sales in the U.S. government.

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Shockingly Bad Fiscal Health of Chicago (and the Financial Engineering Chicago Uses to Hide that Fact)

MishTalk

Among other things, she handles the structuring and sale of bonds for schools across the state. The Corporate Fund is Chicago’s general operating fund. Chicago’s property tax revenues do not go into its general operating fund. The Metered Parking System reserve funds were established in 2009 in the amount of $1.15