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Fannie Mae Conservatorship: A Forensic Look At The Bailout

Fannie Mae Conservatorship: A Forensic Look At The Bailout

Special Report For Adam Spittler And Mike Ciklin: Fannie Mae Conservatorship by Dr. D. Larry Crumbley, CPA Scope: I was asked to independently analyze the math, including certain assumptions surrounding the numbers included in the following reports (reports): A Forensic […]

Valeant Defends Itself As Legal Structures Test New Limits

Valeant Defends Itself As Legal Structures Test New Limits

Saying Citron Research’s motivation for issuing research that shined a spotlight on potential issues at Valeant Pharmaceuticals, Mike Pearson, Valeant’s chief executive officer, characterized the short-seller’s research as “similar to someone running into a theater and yelling fire.” The report, issued […]

Inflexibility And Stock Returns

Inflexibility And Stock Returns

Inflexibility And Stock Returns Lifeng Gu The University of Hong Kong Dirk Hackbarth Boston University Questrom School of Business Timothy C. Johnson University of Illinois at Urbana-Champaign July 1, 2015 Abstract: Greater operating flexibility need not reduce expected returns or […]

McDonald’s Post Strong Earnings

McDonald’s Post Strong Earnings

The stock price of McDonald’s reached an all-time high at $113.96 per share after the world’s largest hamburger fast-food restaurant operator posted strong financial results for the third quarter. The company’s financial performance prompted Wall Street analysts to raise their […]