Monthly Archive: September 2012

Sep 29

Why You May Hate Windows 8 and One Thing to Do About It.

It is good for a technologist to have a few people around him who are not. It keeps them grounded, so that when he is thrilled with all the advancements in a new version of something they get to hear “Augh! They moved things! Why do they have to always go and move things!” With …

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Permanent link to this article: http://betweenthenumbers.net/2012/09/why-you-may-hate-windows-8-and-one-thing-to-do-about-it/

Sep 26

Government Crackdown is a Reminder for Businesses to Examine Credit Card Policies

There has been a lot of press (some of which is discussed in a prior post) about various government agency employees taking extreme liberties with their government issued credit cards.  Back in July 2011, the Senate approved a reform measure for additional controls and stricter penalties that is finally set by signature by President Obama. …

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Permanent link to this article: http://betweenthenumbers.net/2012/09/government-crackdown-is-a-reminder-for-businesses-to-examine-credit-card-policies/

Sep 25

Sorry, but the Recession is here

This morning, the venerable Bloomberg financial news program wrote an article that all but proclaims a recession. A small excerpt of the evidence follows: A number of weaker-than-expected economic indicators are raising suspicions that the U.S. economy may slide into recession sooner than many economists expect. The Chicago Fed’s National Activity Index – a broad-based …

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Permanent link to this article: http://betweenthenumbers.net/2012/09/sorry-but-the-recession-is-here/

Sep 24

A hamburger, large coke & particulate matter on the side

Southern California is the proud birthplace of such hamburger icons as In-n-Out, Fatburger, and Tommy’s. Throw in a few muscle cars, sand, water, a palm tree, then mix in a considerable dose of air-pollution and you have mimicked the southland. What’s not to love? Californians have largely replaced the muscle cars with Volts, Leafs, and …

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Permanent link to this article: http://betweenthenumbers.net/2012/09/its-the-hamburgers-stupid/

Sep 23

Entire fairness standard in fairness opinions requires that the transaction be … well, fair.

In October 2011, Chancellor Strine of the Delaware Chancery Court awarded more than $1.2 billion in damages to publicly-traded Southern Peru Copper Corp. (“SPCC”) against its controlling parent, Grupo Mexico . The derivative lawsuit claimed that SPCC overpaid for Minera Mexico, a Mexican mining company that its parent wanted SPCC to purchase from the controlling …

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Permanent link to this article: http://betweenthenumbers.net/2012/09/entire-fairness-standard-in-fairness-opinions-requires-that-the-transaction-be-well-fair/

Sep 22

Federal Circuit Corrects Recurring Errors with the Entire Market Value Rule

In LaserDynamics v. Quanta Computer, Case No. 11-1440 (Aug. 30, 2012) the U.S. Court of Appeals for the Federal Circuit overturned an $8.5 million lump sum jury award and remanded the case for a new damages trial. The Federal Circuit addressed three issues of interest to the calculation of reasonable royalties. See this longer article …

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Permanent link to this article: http://betweenthenumbers.net/2012/09/federal-circuit-corrects-recurring-errors-with-the-entire-market-value-rule/

Sep 21

SEC Report Is Relevant To Litigators Presenting Financial Information

The Securities and Exchange Commission (SEC) recently released a report required by Section 917 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The study’s legislative mandate includes addressing: 1. the existing level of financial literacy among retail investors, including subgroups of investors identified by the Commission; 2. methods to improve the timing, content, …

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Permanent link to this article: http://betweenthenumbers.net/2012/09/sec-report-is-relevant-to-litigators-presenting-financial-information/

Sep 20

Fidelity Has the Right Idea, but Published the Wrong Answer

Fidelity tried to help savers by offering a simple way of gauging whether they are on track to a secure retirement. The bottom line message was that the Americans need to get serious about upping their savings. We certainly agree with this conclusion, as indicated by this article. Fidelity boiled the needed savings down to …

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Permanent link to this article: http://betweenthenumbers.net/2012/09/fidelity-has-the-right-idea-but-published-the-wrong-answer/

Sep 19

Amazon May Take Another Bite from California Retailers Now That it is One.

Starting last Saturday, Amazon.com began collecting sales tax from California customers.  It was the completion of one of the most surprising turn-arounds in corporate policy in recent memory.  Ever since its founding, Amazon had avoided creating a physical presence in any state that had both a sales tax and a substantial number of customers, which …

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Permanent link to this article: http://betweenthenumbers.net/2012/09/amazon-may-take-another-bite-from-california-retailers-now-that-it-is-one/

Sep 17

PCAOB Initial Inspections of Smaller Broker Dealers Uncover Significant Audit Failures

The Public Company Accounting Oversight Board (PCAOB) released its first report on the progress of the interim inspection program for auditors of brokers and dealers. The inspection program was implemented approximately a year ago in response to new oversight authority given to the PCAOB by the Dodd-Frank Wall Street Reform and Consumer Protection Act. In …

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Permanent link to this article: http://betweenthenumbers.net/2012/09/pcaob-initial-inspections-of-smaller-broker-dealers-uncover-significant-audit-failures/

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