Monday, April 28, 2008

Who Killed Montana Power?, Steve Kroft: Ex-Shareholders Feel Misled - CBS News

From class:

Who Killed Montana Power?, Steve Kroft: Ex-Shareholders Feel Misled - CBS News:
"Its demise may not be the biggest scandal of our time, but to its stockholders, it shows how greed and outright stupidity destroyed one of the oldest and proudest companies in America. Correspondent Steve Kroft reports."

Sunday, April 27, 2008

Answer Key for MBA 610 Test 1--Hilbert version

I have zero idea what happened with the key, but it was so far off it was as if different test. So it will be regraded, but here is the key.

  1. e
  2. c
  3. a
  4. c
  5. d
  6. b
  7. e
  8. c
  9. a
  10. 10.b
  11. d
  12. e
  13. d
  14. d
  15. c
  16. a
  17. b
  18. e
  19. c
  20. 20. b
  21. b
  22. d
  23. THROWN OUT
  24. e
  25. b
  26. d
  27. d
  28. c
  29. e
  30. 30. e
  31. d
  32. a
  33. a or b
  34. c
  35. d
  36. c
  37. e
  38. c
  39. e
  40. 40. e
  41. c
  42. d
  43. a
  44. d
  45. c
  46. c
  47. THROW OUT
  48. d
  49. a
  50. 50. a
  51. b
  52. a
  53. d
  54. c
  55. a
  56. e
  57. b
  58. e
  59. b
  60. 60. d
  61. c
  62. a
  63. b
  64. c
  65. c
  66. c
  67. a
  68. throw out
  69. c,e
  70. 70. c
  71. e
  72. c
  73. D or E
  74. e
  75. c
  76. d
  77. d
  78. c
  79. c
  80. 80. b
  81. c
  82. c
  83. b
  84. c
  85. c
  86. c
  87. b
  88. e
  89. b
  90. 90. a
  91. d
  92. b
  93. b
  94. d
  95. e
  96. a
  97. d
  98. c
  99. b
  100. THROW OUT
The result of this is that the average went up by about 20 points out of the 300.

MBA 610 Hilbert tests

There was a problem with the key. Just looked over the report and not sure what happened, but am going over the test instead of using the key provided...Seems like the errors were all concentrated in questions that came from the text's test bank.

Will update as soon as possible.

Wednesday, April 16, 2008

402 cases for 4/21 and 4/23

4/21 Genzyme/Gel Tex (read Introduction to Debt policy and value)
4/23 Jet Blue IPO valuation (Read Structuring Corporate Finance

Monday, April 14, 2008

Looking for a job?

From Career Services:

Dresser RandFinancial Management Acceleration Program (FMAP)
MajorsAccounting, Finance (must have 21 hours of accounting courses)
Degrees – Bachelors, Masters (May or December 2008)
GPA minimum 3.0
Resumes due by Noon, April 18, to the Career Center

Additional information is available in your SBU College Central account (www.collegecentral.com/sbu). Please contact the Career Center, room 216 RC, if you have any questions.

Tuesday, April 08, 2008

History lesson

For much of the second part of 1968 and some of 1969 the NYSE changed its operations as part of a "Paperwork Crisis." Specifically, for the second part of 1968 the market closed on Wednesdays and for much of 1969 the market was closed early in order to get caught up on paper work.

You can read more about this from the NYSE itself.

The reason I am telling you this, is that I am going to declare my own paperwork crisis and give Finance 402 a reprieve on Wed. We will have class, but no case will be presented. You will still be responsible for readings and for coming.

We will be having a regular class.

Monday, April 07, 2008

finance cases

http://www.erisk.com/Learning/CaseStudies.asp

Student investment funds

Michael Price Student Investment Fund: "The Michael Price Student Investment Fund (MPSIF) is a family of funds managed directly by NYU Stern MBA students. The fund, part of the overall NYU endowment, was established in 1999 through a generous gift from Michael Price, managing partner, MFP Investors, LLC and former chairman of Franklin Mutual Series funds."

University of Maryland: Mary Lund Davis endowed Pacific Lutheran University the sum of $25,000 for the establishment of The Business School Student Investment Fund, now named the Mary Lund Davis Student Investment Fund (SIF). The primary purpose of this endowment is to provide a learning experience for students in investment portfolio management.

Texas: The student portfolio managers are selected through an application and interview process each November. Once selected, the new student managers begin training with the graduating student managers, and take over the Fund portfolio in March. The managers are responsible for virtually all activity with the Fund's portfolio, including company research, economic forecasting, risk management, pitching stock and bond ideas, working with the Fund's brokers to execute trades, and producing written reports and verbal presentations to the Fund's Advisory Committee.