American Public Media’s Marketplace reported that Congressmen have on average fared 1 percent better than the overall stock market on their personal investments, according to Georgia State University business professor Alan Ziobrowski. Said Ziobrowski, “We have every reason to believe they are trading on information that the rest of us don’t have.”  Acording to the […]
Even before private equity firm Ripplewood Holdings loaded Reader’s Digest with untenable levels of debt, the company had grown over-reliant on direct marketing of books, music and video to its vast subscriber list, where it ran into fierce competition from Amazon and others.  Whatever new ownership structure emerges from the current bankruptcy proceedings, the key challenge […]
Internet gift merchant RedEnvelope suffered a net loss of $4.3 million in the last quarter of 2Edit007, citing “smaller average orders, lower profit margins and a 20 percent reduction in orders shipped.”  After losing its line of credit with Wells Fargo in April 2008, the company said it had “insufficient funds to continue operations” and […]
At the one year anniversary of the bankruptcy of Lehman Brothers, we are naturally seeing a lot of reprise coverage as this was the largest business failure in U.S. history and by many accounts, made the U.S. financial crisis much worse.  With all of the focus on Lehman Brothers, many other recent bankruptcies have gone […]
Many small and mid-sized businesses review their financial results less than once a month, missing out on the insights into business drivers that such a review could provide.  The “New York Enterprise Report” recently ran the results from a Rudofsky Associates poll regarding how frequently business owners review their financial results.  The best run businesses […]
Challenged by President Obama three months ago to deliver $100 million in savings for the current fiscal year, his Cabinet secretaries collectively responded by identifying $102 million of savings opportunities, the “Wall Street Journal” reported. Regrettably, most of these “savings” opportunities were actions that should have been done as a matter of course, without White […]
David@RudofskyAssociates.com
Phone: 1-914-216-3566
Based in New York City. Doing business nationally.
