We’re getting close to the point where I cover the credit crisis in class, and it’s also almost time for March Madness (even if my UCONN Huskies have soiled the matress to the ext thqt they’ll get an early vacation)). So this comes at an ideal time - the Market Meltdown Game. Here’s the article from the American Economic Association Last August, the University of Chicago Magazine asked Allen Sanderson to create an NCAA-like tournament with four regions, brackets and seeded teams

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Market Meltdown Game
In 1966, we built factories, produced and exported goods. The U.S. was the largest creditor nation in the world.
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Zero Hour…
By Niall Ferguson On Wednesday last week, yields on 10-year US Treasuries — generally seen as the benchmark for long-term interest rates — rose above 3.73%. Once upon a time that would have been considered rather low
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History lesson for economists in thrall to Keynes
Home prices fell in nearly nine out of every 10 U.S.

Citigroup Inc said on Tuesday that the committee overseeing its use of $45 billion of taxpayer money had approved the use of nearly all of that sum to make loans.

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Citigroup: $45 billion TARP money goes toward loans (Reuters)
NEW YORK—-Citi announced today that it will lend up to $5 billion to state and local governments, municipal agencies, universities and non-profit hospitals to fund projects that will help create jobs and spur economic growth.

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Citi Announces New $5 Billion Municipal Lending Program Backed by TARP Capital (Business Wire)
I’m a flaming extrovert: I strike up conversations with people waiting in line, with the guy (or gal) in the seat across the aisle on planes or trains, and in general with almost anyone I spend some time with. The good thing about this is that I find out a lot about people, and much of it is pretty interesting. Last night, I was on the train, and I started talking with the guy across the aisle

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Marital Insurance
Feel like testing your financial planning expertise? Here’s a real-life question I had recently…give it a shot
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Financial Planning Question of the Week





