Showing posts from October, 2011

What Would You Have Done?

Last week, I encountered a problem with one of my students. I wasn’t sure what I ought to do so I turned to my colleagues here at the Robins School of Business and emailed them a cry for guidance.

To: Fellow Faculty Members

For the first time in (at least) 25 years, I had a student sleep through a test. The test was at 10:30 on Friday and I got an email at 12:30 that he had stayed up late on Thursday studying and just slept through his alarm. He was hysterical, begging for mercy.

If you have ever had this happen, what do you do that makes sense?

Here are the factors:

1 – I absolutely do not want to set a precedent that I cannot live with in the future. I don’t want “I slept through the alarm” to become a common occurrence in my classes.
2 – I don’t want to ruin the young man’s life. He just overslept – he didn’t rob a bank. I’ve overslept.
3 – There were students who showed up for the test and failed (and will probably fail the course). I’m very concerned about being fair …

All Time Top Ten

This blog went over a total of 40,000 pageviews about two days ago. I continue to be amazed by that number. However, I find that when a teacher contacts me about my writings, they almost invariably make the statement “Someone told me about your blog on teaching.” So, as always, I want to thank you for passing along the message. My guess is that I would have had about 4 pageviews in the last 22 months without your willingness to tell others. Thanks!!! That’s one of the great things about the Internet, people can spread the word.

As I occasionally do, here are my all time top ten blog entries based on readership. I am not sure they are the most interesting or the most clever or the most innovative. But the most people have read these ten.

1 – What Do We Add? – July 22, 2010
2 – What the Catcher Tells the Pitcher – August 21, 2011
3 – Big Mistakes – March 26, 2011
4 – Introduction – Teaching (Financial Accounting) – January 7, 2010
5 – Need Some Inspiration? – September 13, 20…

The Missed Red Flags on Groupon

The Groupon case is an interesting look at IPOs and how the investment banks that underwrite them suffer from very real conflicts of interests.
Groupon’s initial filing for an IPO valued the company at around $30 billion, but after the SEC found accounting and disclosure problems analysts decreased their valuations to as low as $10 billion. The article below raises an interesting question. If the investment banks (Morgan Stanley, Goldman Sachs, and Credit Suisse) fought so hard to win the underwriting mandate for the IPO, shouldn't they have caught these warning signs? Or as former SEC chief accountant Lynn Turner said, have they simply become sales and marketing agents? The article suggests that the higher fees associated with a higher valuation could be a reason the underwriters turned a blind eye. But shouldn't they also act in the interest of their institutional clients and the general public?
The underwriting firms seemed to have turned a blind e…

Chelsea FC Lose Stadium Vote


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