Wednesday, March 10, 2010

First Interview- Updating Progress

So, my first interview has been set up with the help of Ms. Kretschman our internship coordinator. I have created questions that have been directed towards the finance and business issues of the recession. The person I'm going to be interviewing first is going to be a senior analyst from First Niagra Banking Corporation.

this entirely heps me and takes the weight off of my shoulders a bit. I know exactly who I'm going to interview, how I'm interviewing them, and when/where.

Also, I have a few other places with people that I'd like to interview as well. Since I live in the Allentown area there is a new financial organization that is going to be opening up and I hope that maybe they'll be able to help me gain more information and become a second contact.

I've also written my proposal for my graduation project, self edited, peer edited, and now all I need is a parent or teacher edit before polishing it up and turning in the final proposal.

Goals for rest of week and Next Week:
  • Finish taking notes from 1st book source
  • Fine-tune the questions for my interview
  • Interview March 18th at 10:30a.m. (next week)
  • Continue with more notes based on the interview (next week)

Friday, March 5, 2010

Finally "Quiet"

So, it's finally "quiet" now due to the new seating arrangements in the classroom. I've actually done some progress which I'm happy with for this week.

I've entirely completed my proposal questionnaire, but also have started my proposal. I've looked through the documents on edline and have written paragraphs and details and such for my proposal covering about every angle of the proposed graduation project.

Now, I'm working on the final part of the proposal which is going to be the attached and detailed steps of how I'm going to complete this project. I'm basically making an excel document about my steps and see what I've completed and what I still need to do in order to complete this project. It's also going to be the details of the essential parts such as the interview and maybe possible ideas on who to interview.

That then leads me to my new question and ideas that I must think about. WHO WILL I INTERVIEW???
It's a good question, and I have a feeling I have someone that would be able to use for a interview or at least as another mentor that would be able to help me to gain understanding of my topic. I'll need to think this through and that will be my next step.

GOALS:
Completed Tables/charts for Proposal
Think of possible people to interview

Tuesday, March 2, 2010

Progress & Print Source Information

So, I finished typing up my webliography and turned it in yesterday. I had 13 sources, but i added my first print source which is $700 billion bailout By Paul Muolo. I've spent the time to read the first 15 pages so far of it, and I've already found out a lot of connections between the Emergency Economic Stabilization Act and the banks (Frannie Mae and Freddie Mac) as well as what Credit Default Swaps are and how the United States is selling their debt for money and attempting to keep afloat.

This book has really helped me, but at the same time has angered me because of how self-interested the United States is. Really, if they weren't worried about making a profit even when we as an entire nation are in debt then maybe we'd be able to figure out a plan or bailout that would support and improve the economy.

It also has to do wtih politcs. There's politics in everything and it always seems to screw things up! I mean Paulson who was the Treasury Secretary during the Bush Administration. The reason he didn't worry much about the fact of getting and using $700 billions dollars of TAX money is because it was just before Obama was elected so Paulson was out of a job so he didn't care much. The only reason why they had such a hard time, the first time, passing this bill was because Republicans didn't want the money to go to the banks and such, but more the homeowners that were losing their hosues due to the inability to pay their mortgages.