I knew life was full of changes but...

I knew life was full of changes but when my life got thrown for a loop in a matter of weeks it really gives you a chance to take stock and make some choices. So that said at this point my life is still tumbling in said thrown loop but I have an idea of which way it's rolling so I can prepare...I think. I know that there has not been a post in a while and the few articles I am working on are all "in progress" so nothing of substance here other than another appeal to authority that I am going to get this blog to be the resource I want it to be, eventually.

One thing that kills me is there is so much fodder floating out in the aether of financial news that needs clarification and I haven't made the time to do it here. I hope at this point that I can get something of substance in here before this recessionary period ends.

Now keeping in mind I'm trying to be as objective as possible here maybe a little sarcastic:

A quick note though, watched/listened to the AIG proceedings today and I have to say I was very impressed with the current leadership. I was also very disappointed at the rantings of various politicians using buzzwords and scare tactics to over antagonize the situation that AIG is in. Now I'm not condoning or advocating for what happened or is allegedly happening but I have to give credit to Edward Liddy for being professional and well prepared for is House committee meeting. There is no way that the House committee could be experts at the intricacies of corporate finance so that means they are only as good as the research and notes they are provided. Now I know that at the end of the day the House and all "elected officials" are only looking out for the best interest of those they represent and I absolutely embrace and respect that in the most altruistic way but trying to bully a man in a court room who has only been in a position since last September over the tribulations that have been ongoing for years...kind of looks like they (House) were looking to stir up some pitch forks from the common folk.

Is that appropriate, maybe. Did Liddy dance around some questions, possibly. All I'm saying is that it was great to watch, interesting to analyze, and provided lots to think about with respect to moral hazard and who it applies to. Who says the news can't be entertaining!