Happy Holidays and Happy New Year! I hope you all enjoyed the holidays and I wish you a happy, healthy, prosperous, and peaceful 2010. May it treat you better than did 2009.

It’s been a few weeks since I’ve posted anything. My apologies for that. I took some time off to wrap up a busy semester and to spend some much needed vacation time with my family. First we had family come visit from California and Texas. We then went to New Hampshire to spend some time skiing. I am incredibly thankful to have spent the holiday surrounded by family, and incredibly fortunate for the privilege to travel.

Although most of my time in New Hampshire was spent skiing with family at Loon, I did take a one-day detour to ski at Bretton Woods and visit the fabled Mount Washington Hotel. It was at the Mount Washington Hotel where, in 1944, the Bretton Woods meetings took place and the Bretton Woods agreement was ratified (see also Bretton Woods System). Bretton Woods is where the IMF, the IBRD, and GATT were born; where a precursor to the WTO was proposed; and where an international system of exchange rate management was established that lasted for nearly 30 years. The visit to Bretton Woods was one of the highlights of my trip.

Anyhow, now that I’m back in the office and back to work, I’ll look forward to posting on a more regular basis. I have a few things already in mind to discuss, and of course, I shall shortly post the Q4 (and year end) 2009 list of notable bankruptcies.

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