GAFM Articles

The inmates had taken over the asylum (October 2008) | Economics
by Brett King is one of the former staffers of the training offices in Dubai that was formerly recognized by the American Academy of Financial Management, a global organization dedicated to improving the skills and careers of financial professionals everywhere. .

With the recent collapse of Lehman Brothers, the bail-out and rescue package from the US government for AIG, the EU rescue package, Merrill’s sale and so forth, many are asking if the full impact of sub-prime is still to be felt. Learned commentators like George Soros have said that the worst may be yet to come depending on how quickly the central banks and governments stay ahead of the crisis. Whatever the case, no one is likely to deny that the impact of this financial disaster will be felt for a very long time, perhaps changing the future market participation model in a fundamental way. The real issue here is why did it happen, and have we learned something from the sub-prime crisis? ...[ Read More ]

Making Sense of Market Liquidity – Hip Word and Culprit of our Time (October 2008) | Financial Management
by Dr. Gordian Gaeta

Anyone reading the financial press these days comes across the word ‘liquidity’ alone or in combination, e.g., liquidity gap, liquidity risk, liquidity injection etc more often than the previous favorite expression ‘sub prime’ and its combinations. As such, liquidity has easily become the most misused economic term of recent months. Liquidity seems to be the cause, the solution, the destination, the journey and the process to address the current financial upheaval. ...[ Read More ]

Business acumen: a critical concern of modern leadership development (October 2008) | Corporate Governance
by Dr. E. Ted Prince

Corporations assess executives for just about every competency except business acumen – arguably the one most valued by shareholders and profit-making companies.

But a sea change is taking place. Several new factors – involving the discipline of leadership development and external economic factors – are driving the realization that leadership development needs to focus specifically on business acumen. ...[ Read More ]

Where was Corporate Governance in the Run-up to the Credit Crisis? And What it Means for Financial Managers (October 2008) | Corporate Governance
by Dr. E. Ted Prince

We are undergoing one of the biggest financial crises since the Great Depression. This crisis follows hard on the heels of the Long-Term Capital management debacle in 1998 and the Enron debacle of the early 2000’s. Wasn’t Sarbanes Oxley supposed to fix all this? Wasn’t good corporate governance the new mantra for the 21st century? How come with the biggest corporate governance push of all time, we are now in yet another financial crisis? Is there any possibility that these two trends could be linked? ...[ Read More ]

Audios of Tax seminars (September 2008) | General
by Dr. George L. Salis, Sean M. King's Teleseminar, James A. Lavorgna's

We are happy to announce that the long awaited transcript of Dr. George L. Salis, Sean M. King,   James A. Lavorgna's teleseminars are now available in audio format! ...[ Read More ]