Global Finance

I recently finished two books about how Enron happened.  The so-called home mortgage meltdow has been raging now for many months.  A high-level private investment group recently found it necessary to devalue some of their holdings.  Now, an 85 year-old investment bank had over the weekend to choose between  declaring bankruptsy or accepting a buyout for $2/ share.

After reading those two books about Enron, I see traces of Enron in almost every business news story that I read.  I wonder how many, if any, similarities will become apparent 5 or 10 years from now.  Imagine the dirt the newscasts may be able to dig up by then!  I shudder to think.

Meanwhile, I need to educate myself better on these matters.  Finance and commerce were of great interest to me earlier in my career, but then life has guided me away from the intricacies of how commerce makes things work.

No need for that to be a permanent situation!  I found a blog and podcast about global currency.  It may not be the best place to start, but there is only one way to find out, right?

This is the link to the blog(http://www.forexblog.org/), and the podcasts can be found at iTunes.

March 19, 2008. Tags: , , , , , , . Currency. Leave a comment.