August 2012 archive

S&P Issues a Gloomy New Economic Report

On August 3, with practically all second quarter earnings reports and forecasts completed, S&P provided a dismal view of the state of the American economy. The report was a dramatic change from prior, more positive reports. According to this week’s report: Months of disappointing U.S. [economic data detailed] … forced [us] to consider a much …

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Cash Prizes Probably Don’t Incentivize Athletes to Go for Gold

While several National Olympic Committees provide cash incentives to their athletes who win Olympic medals, the amounts vary dramatically from country to country.   Singapore provides the highest prize of about $800,000 to its Gold medalists, while many other countries provide no financial incentive.  The UK, for example, offers no cash, but prints postage stamps honoring …

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Olympic Games Still a Loss Leader

Historically, the right to broadcast the Olympic Games has not been a stand alone money maker for the network that acquired it.  When NBC announced that the Olympic Games would be at “about breakeven”, some thought this trend had been broken.  It hasn’t.  Reportedly NBC paid about $1.2 billion for the U.S. rights to broadcast …

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Virtual Worlds are the Subject of Copyright Infringement Allegations

Electronic Arts (“EA”) filed a lawsuit in the U.S. District court for the Northern District of California alleging that Zynga’s “The Ville” infringes on EA’s “The Sims Social”.  EA’s position is that the two Facebook based social games are “largely indistinguishable to an uninitiated observer.” The stakes in this intellectual property battle are high, as …

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Less than 100 days away…let the presidential polling begin to go crazy!

The presidential election is now less than 100 days away (92 to be exact, but who’s counting…), and people are now starting to pay more attention to the polls.  Because there are more eyeballs reading these polls, pollsters are performing polls more frequently, and poll outliers are also becoming more frequent.  For those that have …

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Permanent link to this article: http://betweenthenumbers.net/2012/08/less-than-100-days-away-let-the-presidential-polling-begin-to-go-crazy/

Creative Cost Cutting Leads to…Wolf Patrol?

Cost cutting is on the mind of decision makers in almost every industry sector.  The need for creative new solutions to this issue has spawned some interesting ideas, one of which comes to us through the efforts of the Louisiana prison system.  Prison layoffs pose a particularly difficult problem, as they can result in a …

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Olympic Medals may come with a Tax Bill

Olympic athletes who reach the medal podium are awarded an accompanying cash prize of $25,000 for gold, $15,000 for silver and $10,000 for bronze.  The IRS taxes not only those cash awards, but the value of the medals themselves.  The lobbying group Americans for Tax Reform estimates that at today’s commodity prices, the value of a …

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Corrupt badminton players or just poorly designed rules?

Eight badminton players representing three countries have been disqualified from the 2012 Olympics. Athletics governing bodies, badminton champions, fans, and casual observers have flooded the web with sanctimonious denouncements of these players. Are the disqualified badminton players really deserving of disqualification and drowning in a tidal wave of insults or did the BWF (Badminton World …

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