I hate accounting.
Yes, I recognize that it is the language of business and is extremely important. But I don’t care. I hate it. I hate having to memorize all of the arcane terminology. I hate trying to remember when to apply the contra asset account and why you debit the cash account when you’re acutally adding to it.
And of course, I have a quiz on the subject tonight, so I’m currently trying to get some of the above to stick in my thick skull.
Bleh.
One of the many things I’m working on these days is summer internship applications. With that in mind, here’s something depressing about job opportunities for women:
Did Stan Shih Really Say that a Woman’s Place was in the Home?
Stan Shih is the CEO of Acer.
Sorry about the last few days of blog silence. I haven’t been feeling very inspired lately. However, Kevin Drum makes a good point about credit reporting.
The problem with credit reports is that they’re strictly under the control of one side of the credit transaction: businesses. If a business requests a report, they get it, no questions asked. If a business reports a problem, it goes on the report, no questions asked. The consumer never knows any of this is happening, and that’s the way the credit reporting companies like it.
This needs to stop. If a business requests a report, the consumer should be notified
So SBC is trying once again to acquire AT&T (or what’s left of it). I suspect the deal has a much better chance of being approved today than it did the last time SBC tried this, and if it does go through, I’ll be sad. It’s extremely rare that a corporation lasts as long and becomes as well known as AT&T, and seeing it finally join the scrapheap of dead brands would be noteworthy. And the final irony, of course, is that the acquirer is a corporation that was spun off from the old AT&T in the first place. In a way I suppose that is appropriate.
As a shareholder, I should be happy. My AT&T stock has gone from being a significant piece of my portfolio to a pile of more or less worthless spinoff stocks. I never sold it off more our of nostaliga than anything else — a bad reason to make an investment move, I know.
Clear Channel Communications Inc. on Wednesday said it converted three stations to a liberal talk format and this year could double to 44 the number of stations carrying such programming.
After offering mostly conservative-leaning talk for the past decade, Clear Channel and other broadcasters are now embracing “progressive” talk to woo a listener base that is growing increasingly fragmented due to satellite, Internet radio and devices like iPods.
The nation’s biggest radio operator said it switched underperforming stations in Washington, D.C., Detroit and Cincinnati carrying nostalgic or sports programming with talkers like Jerry Springer, Ed Schultz, Lionel, Phil Hendrie, Randi Rhodes and Al Franken.
[snip]
In other efforts to reinvent itself, Clear Channel is cutting down on commercials and is converting 1,000 stations to high-definition digital broadcasting in the next three years.
HD radio will enable radio broadcasts to achieve “near-CD” quality and allow two or even three digital audio streams to be broadcast using a single carrier frequency.
If Clear Channel sees that there’s a market for ‘liberal’ talk radio, then that is a good sign for the future, in my book. And the digital move is also an interesting one.
Good luck to the PeopleSoft people about to become jobless. Layoffs are reported to hit as early as this week.
Oracle is expected to cut 80 percent of sales jobs and up to 90 percent of administrative jobs at PeopleSoft, but keep the bulk of its research and development team
Ouch.