I'm sure you have been following the implosion of the U.S. banking industry. I have been trying to avoid all the news but, I'll have to admit, it is quite difficult to dodge at this point.
First, the plunge of the housing market touching off the mortgage crisis. The mortgage crisis has made the banks sink. In the last few weeks it has been one financial institution after another, then last week one of my favorite banks, Washington Mutual, put itself up for auction and was purchased by JP Morgan. I just hope that Washington Mutual under the wings of JP Morgan will keep its corny, yet intimate, personality. I guess I am just happy that they have survived!
Now, I awake this morning to the news that there has been a Wachovia buyout. Apparently CitiGroup has bailed Wachovia out and will acquire all its banking assets and will take on $42 billion in debt with the FDIC covering any additional losses. As details of the Wachovia takeover surfaced, the stock dropped from a close of $10 per share on Friday to $0.94 today, or a 90% drop in stock price.
I have to say that I try hard to not follow finances or the markets, although some times I cannot help myself and this is one of those times. I know that the government is all over this and I hope for announcement of a solid bailout plan soon so we can all get back to business as usual.
Happy Monday!
We have been dealing with a frustrating insurance situation lately that is forcing us to reevaluate all of our insurance needs, including auto insurance. Here's the low down.
We had some building damage to our structure, enough that caused us to notify our insurance company. The carrier sent the adjuster out to our place and he was genuinely nice. He requested that we submit quotes for repair as well as the actual bills as we received them and he would pay us as we completed the various repairs. Now, what we had was water damage so there were several layers to the repair, including taking out wet carpeting and flooring, drying everything out, then starting the replacement process. Well, we are now done with the process and have not yet seen one check! The adjuster keeps explaining that he has not received any of the various copies of each bill that we submitted, it has been a frustrating process. So frustrating, in fact, that we have started looking for and pricing new insurance, not just for our property but for everything, including looking for the best pricing for our auto insurance coverage.
As I was starting the process to change insurance I came across this site that allows you to easily compare insurance pricing, it is quick and easy. I completed the entire process in minutes and received a quote in my inbox instantaneously. Now, that is no fuss, no muss service!
So, as we continue to wait for a response from our current carrier, I will forge on pursuing a new carrier.
I have been enjoying myself, my children, my husband, and my time off from work over the last week or so and in doing so I neglected my blogs. I'm not sure how that snuck away from me but it did! However, I am back now and will resume my regular posting, so look for me starting tomorrow.
Apparently someone thought it was a good idea to check on the track switching in the middle of the morning rush hour. Of course, the tracks switched but no one could switch them back. And the racks are located on a main artery of the commute. They ended up having to force the tracks back into alignment and then bolting them in place. What a disaster!
Meanwhile, the train I boarded was re-routed from a destination of downtown to a destination of a suburb the complete opposite of the direction I came from. Then re-routed again, then again before I finally disembarked with the umpteen thousand others to try and get on the right train. The problem: no one, not even the train attendants, knew which trains were going where. All the while the platforms were filling with potential passengers with no trains to board.
I finally boarded a train that announced it was going downtown and once boarded with the others packed in like sardines the train attendant announces that she *thinks* we are going downtown but after several stops she will let us know for sure. Well, as it turns out, we did end up downtown without having to transfer to another train, again. And three hours later I arrive at work just in time to jump onto my first conference call of the day.
These kinds of commutes make me wonder why I commute...
I find I have always been interested in how actual employees feel about where they work. Of course, the place I work is wonderful but I often wonder what others think. I found this website, JobVent, where you can look up your employer or any other employer and see what the employees have to say about their work situation. You can also leave a comment and score your employer or a past employer.
It also is probably a good place to look if you are thinking about taking a job with a specific company, it may give you some insight into what goes on behind the company logo. I always want to go into a new venture fully prepared and the information found here may be a piece of the puzzle that I may not otherwise have.
Last night in the night my son woke me up after my being aware of him coming into my room several times. When he finally woke me up to tell me his tummy hurt I was really awake. So awake, in fact, that I could not go back to sleep. I tossed and turned for a bit then I got up and took a little walk around the house, gave each of the children a little kiss, poured myself a glass of water, climbed back in bed, and counted sheep forever.
This morning when the radio blared telling me it was time to get up I had the hardest time. Even though my eyes and my body resisted I pulled myself out of bed and got ready for the work day. My son came in as I was starting to put my makeup on and said his tummy still hurt. I felt his forehead and he felt a touch warm so I said he could crawl back in bed. I was happy to stay home with him because I thought I could also catch a few winks.
I got my daughter up and we all piled into the car to drive her to school, all the while my son complaining that he did not feel good and wanted to go back to bed. So we came home, I tucked him in and I collapsed into bed myself. In no less than an hour my son is standing by my bedside whining that he cannot stop thinking about his new Wii. Can you see my face?
So all day he has been in and out of bed. Oh, because the rule is that if you are sick enough to stay home from school, then you are too sick to play and watch television, or even play Wii which is only allowed on weekends anyway! So now I sit here home from work (don't get me wrong I'm okay with that) with a child who probably should have gone to school and is asking me every few minutes if he can watch television now.
Next time I think I'll let my husband stay home.
I'm not sure how this happens to me but once every couple of months I need to take most everything out of my clothes closet and reorganize. The last couple of months I rotated everything I wear into the dry cleaners and when I picked it up I would hang the clothes in the plastic in my closet. After a few trips my closet looked like it was wrapped in plastic and every time you would open the door to the closet you heard that unmistakable brush of all the plastic. I realized that when I had more clothes in my closet but "nothing to wear" the only clothes I had hanging and accessible to me were the clothes I do not care for any longer so it was time to clean out the closet.
I took all the bagged clothing out of my closet and piled it on my bed. Most everything else in my closet I cataloged to donate to the Goodwill or Salvation Army. As I opened each bag of clothes I transferred the clothing to nice hangers and hung everything in color scheme order so as to find everything.Now each category of clothing (long sleeve shirts, short sleeve shirts, pants, skirts, etc.) looks like this:
Now that my closet is cleaned out I have some room to integrate my new clothes I will buy for fall. Did I ever say I'm a shopaholic?