Tag Archives: $GS

Book Review: Fatal Risk – A Cautionary Tale of AIG’s Corporate Suicide

19 Jul

A while back I asked seasoned financial reporter/investigator Roddy Boyd if I could review his book, Fatal Risk, about the rise and epic fall of AIG.  I finally finished it last week and while I didn’t think I’d ever say this, AIG was a REALLY ridiculously interesting story and one I absolutely recommend reading to anyone and everyone even tangentially interested in business, finance, investing, and economics.  This is truly one of the most important lessons in history, and as they say, those who fail to learn from history are doomed to repeat it…

 

 

 

Continue reading

Advertisements

Zipcar – Time to Step on the Brakes?

19 Apr

After being a loyal lessee for six years, I turned in the keys to one of my few luxuries after the lease of my second car expired. As a resident of Manhattan, I paid the “bargain” rate of $400 per month to park the vehicle which, after 39 months, had all of 21,000 miles. When you add up my lease payment, parking and insurance, I was paying $1,500 a month before I even put the key in the ignition. Why did I effectively “put” the car back to the company? One word: Zipcar Inc. (NASDAQ: ZIP).

So you weren’t part of “friends and family” and you didn’t get allocated shares in the Zipcar IPO. Is now th time to jump in? Continue reading for the answer. Continue reading