This site under reconstruction.
This gets old – the company that is in or was just in bankruptcy keeps changing its books. Every month my boss does variance analysis against the budget that was created earlier in the year (and not forwarded to the sites that have to manage their money, go figure). I gather the data for her since…
During the week there had been some news articles about Turing Pharmaceuticals and its CEO, Martin Shkreli, jacking up the price of a drug that has been around for at least 60 years, from $13.50 to $750 a pill. The stated reason for doing so: “needed to make a profit”. Um how about: price gouging because…
I’m reading another book called Future Smart by James Canton. It’s about what the future may bring and what you may need to be thinking of doing to prepare. Some of the things he predicts seems very obvious, like predicting that we will all be connected due to the Internet, social media and Internet of…
There was an article in the New York Times about a private equity firm that once again contributes to finance’s bad image. In case you haven’t noticed, I do not have much regards for hedge funds and equity firms; I regard them as being leeches on society. They make too much money for the value…
Amazon has been hit lately with some bad press surrounding its work culture. The spate of articles was kicked off by the New York Times article describing the “brutal” work culture in Amazon followed up by other publishers’ smaller articles commenting on an aspect of the main article. The NY Times article was pretty damning…
Yesterday I worked on pulling data for an invoice and as usual, I double checked prior months’ numbers. Why do that? They are not supposed to change. Well, in a public company, prior months’ numbers are supposed to remain the same. If you change them, then that’s called restating the financials and that’s frowned upon….
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