First week
So it has officially been one full week in NYC. Work has actually picked up a bit, I was given an interesting project. Originally I was just updated some file work that related to Option Backdating and class action/derivative suits that are out there. Now I got a side project dealing with the Subprime Lending collapse that may create massive issues in the US economy. Specifically I'm looking at this concept of Cashback Lending, which seems harmless, but is actually illegal, and may have huge implications to the Subprime issue. My job is to summarize a number of recent papers on the issue for a few economists who just published, and try to quantify a relationship, if any.
Also have been hanging out with friends, which is good, and I found a really cheap gym by my house. The gym, called Dolphin gym, is really cheap. 33 dollars a month, which is NOTHING for manhattan standards... the "fancy" gyms like Equinox, Bally, etc... can easily run up to 150-200 dollars A MONTH. Granted, my gym is tiny, and has no pilates/yoga/buns&abs/etc... and it is also downstairs underground with no windows, but for what I need it is perfect.
The weather has also been AMAZING. it hasn't become unbearably humid yet, but it is starting to get very hot...
Still have to do stuff for the Malag report, which is irritating, but I'm doing a bit every day with it. Also need to start thinking about the final project for Econometrics with Sharon...
I'm thinking maybe something about Mortgage rates with respect to interest rates and other Macro variables over time since the 1980s.