RJA 9: Evaluation of Sources

(2008). Financial Crisis in America. Huntington: Nova Science Publishers.
The author reflects on what caused the Recession in America, if it was the mortgage crisis or 9/11 aftermath, or lending practices or accounting practices that took place off the books and bad balance sheets that were not reported. The author speculates if the current situation will be judged harsh enough to make new restrictions on accounting and reporting practices to lower incidences’ of losses. I think the intended audience is the general public with a financial understanding. This book is appropriate for my needs. The content source is opinion’s based on fact. The language is objective. I thought the coverage was comprehensive and I enjoyed reading it. I learned about different theories that I will probably come across while I’m writing my paper. The source is current, published in 2009.
Reutors. (2009, August 6). AIG break-up could mean $1 billion for Wall Street banks and lawyers. New York News, Traffic, Sports, Weather, Photos, Entertainment, and Gossip - NY Daily News. Retrieved November 5, 2009, from http://www.nydailynews.com/money/2009/08/06/2009-08-06_aig_.html
This article had an intended audience of the general public. The content was fact based, and it was explaining that AIG would be assisted in breaking the company apart by Wall Street Banks and Lawyers, as well as accounting company Ernst and Young, that are also getting money from the government. So these companies will be paid in two different ways from the downfall of AIG. There will be a conflict of interest when this happens. I do not think there was enough evidence offered to support the article. The language was objective, and I found the article to oversimplify the situation. The author did not use any other sources, and it was written in August, 2009. Although this article was interesting to read, I will not be using this article for my paper.
LEONARD, D. (2009, October 3). Off the Shelf - Recession, You Look Familiar - Review - NYTimes.com. The New York Times - Breaking News, World News & Multimedia. Retrieved November 5, 2009, from http://www.nytimes.com/2009/10/04/business/economy/04shelf.html?_r=1
This article talks about how history repeats itself, and the signs of the recession that were present in the US for the last 10 years were also present in other countries that have suffered from recessions. The intended audience is the general public. The article seemed to be opinionated, but also based in fact, and the author has evidence and sound reason to support the stance. It offered evidence to support the facts, and it was interesting reading them. The language was objective, and there weren’t broad generalizations. Some of the information I read in this article I have heard about and read in other articles. The article is current, and I will be using this in my paper.
bandyk, m. (2009, June 29). Sarbanes-Oxley Reform Needed For Stimulus? - Capital Commerce (usnews.com). US News & World Report - Breaking News, World News, Business News, and America's Best Colleges - USNews.com. Retrieved November 6, 2009, from http://www.usnews.com/money/blogs/capital-commerce/2009/06/29/sarbanes-oxley-reform-needed-for-stimulus.html
This article talks about how revamping the Sarbanes-Oxley Act might help fix the economy. This has been a reoccurring them I have seen during my research, and I will be talking about it in my paper. This article’s audience would have to include people who are familiar with Sarbanes-Oxley, and who already have an opinion about it, as this article is attempting to build an argument for revamping it. The source of the article is opinion and although there is fact to base the opinions on, the facts weren’t supported very well. The author cites other’s in this article, and then expands off their ideas. I will use this in my paper, but only as a starting point for other articles.
IOMA - GAAP Changes. (n.d.). IOMA Home Page. Retrieved November 6, 2009, from http://www.ioma.com/issues/CPAPR/2009_8/1621322-1.html
This article talks about the new accounting standards. The language was objective and based in fact. I probably won’t use this article in my paper.
volpe, m. (2008, September 19). The Provocateur: Bank Deregulation and the Financial Meltdown. The Provocateur. Retrieved November 6, 2009, from http://theeprovocateur.blogspot.com/2008/09/bank-deregulation-and-financial.html
This article is a blog, written one year ago. This article is a personal blog, and is written using fact based arguments. The article is explaining how deregulation and required separation of financial institutions was based on what we learned from the Great Depression. It explains how the Financial Services Modernization Act of 1999 did away with the separation, which played a part in the financial situation we are in now. This supports a lot of research I have previously found, and I will be using this blog to help with history and information for my research paper. The author supports what he is writing with information supporting cites and referrals, which lends the article credibility.