Crisis Averted? This Week in Links

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I hope you’ve enjoyed the brief stay from my posting this week. ;) Just kidding. I’ve been super busy with work over here in India and haven’t had the normal routine for getting posts out. I’m planning a nice, relaxing weekend in Sri Lanka. If they have Internet access at the hotel I’ll be sure and get some nice articles done. Thanks for sticking with me.

I had a moment to quickly browse through my reader this Friday afternoon (India time) and thought I’d share some of the latest, greatest blog posts on our current financial scene in the US. Which, by the way, is just as big of news here in India. The world is watching, so to speak.

I can’t say that I’ve personally been moved to act as of yet. I haven’t moved any money around or made any drastic moves. I’m still contributing to my 401K and lucky to be holding down a decent job. Do you think more negative effects are coming? If you’ve made any money moves as a result of the current scene, let me know in the comments below. I’d love to hear the “what” and “why”.

Alright…enjoy your Friday everyone and know that I’m already enjoying the weekend. :)

Here’s the blogosphere’s coverage of this week’s bailouts, failings, bankruptcies, and politics. Enjoy!

Your Take: What The Heck Happened These Last Two Weeks!?!?!?! @ Blueprint for Financial Prosperity

WaMu Bought By JPMorgan, Don’t Press the Panic Button @ Broke Grad Student

Where Do We Go From Here? How About Back To The Basics @ The Wisdom Journal (Ron’s really been cranking out the bailout posts…he knows his stuff)

WaMu Crashes – Biggest Bank Failure in US History @ Cash Money Life

Washington Mutual Fails; Getting Sold Off To J.P. Morgan @ My Two Dollars

WaMu Fails, Bought By JP Morgan Chase: Don’t Panic @ My Money Blog

New Economic Stimulus Package – The $700 Billion Bailout @ Free From Broke

Practical Steps in This Economic Mess @ Green Panda Treehouse

$700 Billion Bailout Agreement Reached @ Bible Money Matters

Hillary: Let’s Keep People in Their Homes @ All Financial Matters

John McLane Rescues The US Economy @ Money, Matters, and More Musings

The Good, the Bad and the Greedy – Wall Street Criminals on notice @ Saving to Invest

Poll: What Do You Think of the Proposed $700 Billion Financial Bailout? @ GenXFinance

Could Good Come Out of the Economic Crisis? @ Being Frugal

The President Addresses Financial Crisis @ Denny Burk

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Last Edited: December 5, 2011 @ 1:14 pm
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Doctor S

Great links ! How is the travel? Back home market is getting murdered right now, people in Washington having a hard time working this situation out!!! Crisis not averted just yet!

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PT

@ David. Sure thing, man. Come on over. :)

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PT

@ J - I'm in Internal Audit. We travel the globe making sure everyone is "meeting objectives." It's a challenging job but rewarding because you get to know/understand a company really quickly. Plus, always a new person, place, and process to meet. I'm lucky.

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PT

I'm actually working in Bangalore, FFB. I've been to Delhi, Agra, and now Sri Lanka for side trips. It's been non-stop.

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J

Jealous of the India trip...what do you do that your company foot the bill for an international trip?
Finance changes the last two weeks: put 30% of savings into CD's, expecting Fed to soon drop rates because of situation. And, as the Fed rate goes, so does the ING rate.
And picked my jaw off the floor, had a stiff drink, and cringed. Part of my non-401(K) stock portfolio was Washington Mutual. OWWWWWW!!!!!

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Ron@TheWisdomJournal

Thanks for the link PT. Hope you enjoy your stay in India!

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David

Do you have room in your place? We all might be moving in with you if this keeps going like this!

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FFB

Sounds like an interesting job you have. Are you in Mumbai by any chance (just curious). Hope you get a chance to enjoy it there.

It's been quite a roller coaster these past few weeks.

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Pete

I'm not going to be doing much of anything different with my money - just riding out the storm..

Enjoy India - that's one of the places still on my "list of places to visit before I die".

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Patrick

I bet India is a beautiful and interesting country. I hope you are able to take full advantage of your visit and don't get stuck working the entire time.

You're missing out on a very interesting week here in the US. Stay tuned - I'm sure it will be more interesting in the next few days!

As for my finances, I'm leaving everything as is for the moment. I think we'll continue to see a lot of volatility, but I don't want to change my 401(k) contributions right now (currently going to a target fund). Thanks for the mention.

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