Finance Topic

Why would anybody outsource elderly care to a private equity firm? Private equity firms do not have health care expertise; their expertise is in extracting cash out of a business. They don’t really offer any innovative solutions and instead rely on loading up companies with debt. In this day and age of constant disruption, that’s…

Just came across some more articles on what the tax cut is doing for us. Harley Davidson, whose mission is “fulfilling dreams”, is setting aside its tax cut for the expense of outsourcing jobs to Thailand and giving money (and plus more) back to the shareholders via stock buybacks. Nothing in there about hiring more…

“To be in retail now, you need to be unique; you need to offer something you can’t get online. And typically private equity firms tend to cut back,” Josh Kosman, author of The Buyout of America: How Private Equity Will Cause the Next Great Credit Crisis, told BuzzFeed News. “They’re not improving their stores and…

It’s time to assess the impact of that tax cut that was heralded at the end of last year. The Republicans predicted that the tax cut would generate growth and trickle down to improve the living standards of the general population via renewed investments. They even said everybody would see the tax cuts in their…

This weekend I came upon some web pages that discussed the future of CFO (or more broadly, finance). These pages are part of Ernst & Young website and contains 4 PDFs that one can download. My broad takeaway from the PDFs is that the path to CFO or the upper financial levels are basically gone….

There was a surprising development in the past week or so that I still remain skeptical. I’m adopting a stance of I’ll believe it when I see it happens. But first, before broaching that surprising development, I want to point to an article on capitalism I read back in December. This article describes the problems…