Wall Street Breakfast: Must-Know News [View article]
Wall Street Journal - "Pensions bulge while market caps shrink. Pensions rose an average of 19% for top executives in 2008, even as their companies' stock prices fell by 37% amid a global downturn" - This is a great way to kill the heart of a tribe. To lead with a cause, the tribe needs to know that the executives are supporting them, not taking everything for themselves. Massive benefits during falling stock prices kills the cause of a tribe.
Cash Analysis: Wal-Mart, Lilly, Verizon Not Quite So Rich [View article]
Great article. Would you take into account favorable trade credit terms that Wal-Mart uses with suppliers as a substitute for cash. For example, much of Wal-Mart's supplies give the firm several months to pay for goods, Wal-Mart makes a sale, in cash or credit card, and holds onto the cash for a month or two before paying the supplies.
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]
Cash Analysis: Wal-Mart, Lilly, Verizon Not Quite So Rich [View article]