by Jason Apollo Voss | 02 04 2009 | Blog
Good afternoon folks! You may have heard that the Dow Jones Industrial Average closed above 8,000 today. This means that the DJIA has had its best 4 week run since the 1930s. So what was the catalyst today? The Financial Accounting Standards Board changed an obscure...
by Jason Apollo Voss | 02 04 2009 | Blog
Did you see the financial markets yesterday? They opened up almost 100 points down, but closed up 150 points. The reason that this is noteworthy is that the 250 point rise from bottom was likely attributable to the auto makers saying that their results were bad, but...
by Jason Apollo Voss | 30 03 2009 | Blog
A short blog posting… The CEO of General Motors, Rick Wagoner, was fired today by the Executive Branch of the Federal Government. Never mind all of the issues surrounding that, the point of the post is that the leadership of institutions is being forced to...
by Jason Apollo Voss | 30 03 2009 | Blog
If you have been following the blog since its inception you know that I have been talking about the ill effects of poor incentive compensation packages on financial institutions. At times I have railed against the packages and have identified them as being one of the...
by Jason Apollo Voss | 27 03 2009 | Blog
In the last post Nate had asked about the evaluation of mutual funds. Well it is my opinion that mutual funds are not evaluated very well. First of all, the principal evaluator of mutual funds, Morningstar, has less than perfect methods for evaluating the funds. That...
