http://www.reuters.com/article/2012/09/25/us-google-iphone-idUSBRE88O07U20120925

http://abcnews.go.com/m/story?id=17320631

1. This is a good example of bond covenants. You will notice at least two mentioned in the article: the ratio of current assets to current liabilities and the ratio of total liabilities to total equity.
2. We talked about development bonds in class. Perhaps the Tesla case would have been better served by development bonds than a government loan. By using a development bond, Tesla would raise money from private markets rather than the government. However, don’t be fooled. As mentioned in class this still costs the government in lost tax revenue on bond interest. That is okay if additional revenue from sales and income tax as a result of a successful Tesla materialize.
3. Note that Goldman Sachs is in the mix again.

http://www.businessweek.com/news/2012-09-25/tesla-told-to-speed-repayment-of-u-dot-s-dot-electric-car-loan

http://www.marketwatch.com/story/apple-supplier-closes-china-plant-after-riot-2012-09-24?link=MW_latest_news

Visit:

https://efficientminds.wordpress.com/education/learning-modules/j-o-stock-screening/

Below the presentation you will find performance data for all JO strategies and an example of the Trending Value screen applied to all stocks with a market capitalization > $200 million.

I found points 9 and 10 interesting.  Perhaps you will too.

http://www.pbs.org/newshour/businessdesk/2012/09/ten-of-the-worst-social-security-gotchas.html

http://in.mobile.reuters.com/article/idINL1E8KKIGV20120921?irpc=932 why would you eliminate a working mature map program and replace it an obviously under-tested new program? Greed is the answer.

http://m.smh.com.au/digital-life/mobiles/same-old-from-apple-while-lumias-pack-punch-20120920-267sq.html

http://www.dailymail.com/Opinion/Editorials/201209160125

http://bonds.about.com/od/advancedbonds/a/What-Is-Operation-Twist.htm