I have been thinking a lot about the economy and what has been happening on the financial markets.  For my few devoted readers, you may recall my post two weeks ago related to FAS 157 and why we are in a financial death spiral (READ IT HERE).
With that said, I want to go on the [...]

Last night, I had dinner with several venture capitalist guys who are all a heck of a lot smarter on the financial markets situation and the proposed bailouts than I am.  Here was the crux of the conversation:
1) The largest issue with the banking crisis is FAS 157 (FASB is the Financial Accounting Standards Board [...]