Boulder to London

This week started with a nice surprise when one of my old co-workers from GE emailed me to say that she was going to be in London with a few other folks we used to work with.  We decided to meet up on Wednesday evening for a few beers at Ye Olde Cheshire Cheese and [...]

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I usually spend a little time on CNN.com every day and over the past few weeks or months, they have been running some real-life accounts of how people are dealing with the recession and unemployment.  Some of them are very good and tell stories about people that are now spending more time with their families, [...]

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I’ve been following the AIG bonus debacle from abroad and I keep thinking to myself, what would I do if I were one of the employees that was paid the bonus and was now being asked to return it?  I think this letter by Jake DeSantis captures my view on the issue perfectly…
From The New [...]

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Click on the maps to go to interactive source

Source: http://money.cnn.com/

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The past week has produced a number of headlines that make me cringe.  It’s hard to pick one that is most concerning, but here are a few of my favorites…
‘Two subs, dozens of nuclear warheads, one huge ocean - and a stroke of bad luck - This article reports on the collision between two nuclear [...]

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Yes, I am a geek and I have just downloaded the full economic report of the President.  I’m just starting to work through it, but on page three there is an interesting quote that about made me fall off the couch.  Understand this was written by the GW administration…
“The actions taken by my Administration in [...]

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Damn…can’t we find better ways to spend taxpayer dollars? While I can follow and maybe even support the argument that we need to bailout banks to prevent a cascading effect that shuts down the entire economy (although I could also argue that the bailout didn’t achieve the desired impact), bailing out automakers seems ridiculous. [...]

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This is an interesting documentary on the current credit card and debt situation in America.  If you saw “Fast Food Nation”, this is a similar sort of view on consumer debt in the US.  I’ve only seen the first half an hour or so, but it looks very informative and educational.
View it here: In Debt We [...]

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It’s been a tough couple of days on the stock market and I’m glad I still have a day job so that I don’t have to live off of my battered retirement account.  I thought the 100 and 200 point daily swings were a wild ride, but it now seems like we need 500, 700 [...]

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A fun email circulating trading desks, worthwhile as an informal measure of sentiment:

CEO –Chief Embezzlement Officer.
CFO– Corporate Fraud Officer.
BULL MARKET — A random market movement causing an investor to mistake himself for a financial genius.
BEAR MARKET — A 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and [...]

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