Thinking out loud.

It seems to me that there is some dishonesty among bankers at the moment (shocking, I know). I hear them in public interviews and televised congressional hearings talking about how they take responsibility for the crisis… how it was their fault… on and on. Then I pick up the Journal of Accountancy or CFO Magazine [...]

An interesting explanation of derivatives leading to financial crisis that is floating around the internet: Heidi is the proprietor of a bar in Detroit . In order to increase sales, she decides to allow her loyal customers – most of whom are unemployed alcoholics – to drink now but pay later. She keeps track of [...]

Wow… so this was funny for awhile. Jim Cramer and Jon Stewart firing back and forth for a week. I posted several blogs like two years ago that basically said I thought Jim Cramer was an idiot, and do often find Jon Stewart very funny but somewhat uninformed as well. But… when Jim finally came [...]

It doesn’t seem the daily economic news can get any worse at this point… though it seems we’ve all been saying that for a couple months now. As I observe the the actions companies are taking as of late however, I really see a lot of opportunity out there. Am I crazy? Every company I [...]

This letter has been sent to both my Senator (Ken Salazar) and Representative (Mark Udall) in regard to the current banking crisis. Dear Representative Udall, I write you today to express my overwhelmingly strong sense that any government intervention in the current banking crisis will be a disaster in the long run for the American [...]