Archive for October 12th, 2011

Why not Occupy Omaha ?

October 12, 2011

Well, Tuesday was the day that, according to CNN Money

Community groups and progressive organizations that have been working with the broader Occupy Wall Street movement marched on the homes of JP Morgan Chase CEO Jamie Dimon, billionaire David Koch, hedge fund honcho John Paulson, and News Corp  CEO Rupert Murdoch.

The millionaires and billionaires are being targeted for what event organizers called a “willingness to hoard wealth at the expense of the 99%.”

Why not stake out Warren’s place until he agrees to forego all of his tax loop holes (e.g. deductible contributions to his buddy Gates)?

Or, better yet, Washington … picket the millionaire who has been pushing hard for class warfare.

Hope Barry & Warren are proud … mission accomplished.

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Tracking the progress at GM …

October 12, 2011

The U.S. Treasury aimed to sell more of its 26.5% stake in GM by August or September.

Then, the stock started tanking.

GM stock would need to hit $53 a share for the U.S government to break even on its $50 billion bailout of the auto maker.

At $30 a share, the U.S. would lose more than $10 billion on its $50 billion bailout of GM.

So far this year, GM stock is down about 40%

It was trading just over $22  this week,

Than makes the loss about $15 billion … but, who’s counting?

 

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The top 100 brands … and the movers.

October 12, 2011

Interbrands’s has released its 2011 estimates of brand values.

First, the top 11.

I went 11 deep since  I think it’s noteworthy that Toyota gained in brand value despite the flap in the US over the alleged gas pedal problem.

Also, noteworthy is HP in 10th place …   obviously doesn’t reflect the recent turmoil there.

Rest of the list are the usual suspects.

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* * * * *
Here are the biggest gainers in brand value from 2010 to 2011.

Note that VW and Audi earned nice gains.

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* * * * *
And, here are the biggest losers in brand value from 2010 to 2011.

Only surprises  (to me) is IKEA and MTV.  It’s a bummer getting old …

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For the article, methodology and interactive chart click here

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