What a week, what a week.

If you've been following all the wackiness, it feels like Wall Street is exploding what with the credit crisis we've seen pounding Lehman Bros., Merrill Lynch, AIG and now Constellation Energy, doesn't it?


It's enough to make your head spin as we try to keep up with the news, try to explain to you what it all means, how it affects you and keep pace with developments like investment guru Warren Buffett's Iowa-based MidAmerican Energy Holdings Co. swooping in yesterday to rescue Constellation from the brink of failure.

If you think none of this really has anything to do with consumers, think again.

There were lots of little stories in there that you may have missed that may pertain to you. Like Jay's story on why an AIG bailout was necessary, but Lehman was left hanging. Or the Q&A that Wonk-esse Jamie and I did on what all this financial turmoil means for you and your investments. And the subsequent story Jamie wrote on how your insurance policies are mostly safe.

Don't let me forget to mention a Q&A by Sumathi (goodbye Sumathi, her last day with the paper was yesterday. we'll miss you.) about how Constellation's sale will initially affect consumers. The answer? Not much.

Reader Bob was kind enough to send us an e-mail reminding all of us to take a deep breath and try not to worry. He linked to a WSJ story about ten reasons why you shouldn't sell your stocks. Thanks Bob.

So as you can see, we've been busy here. We weren't able to blog much yesterday, but hopfully, we'll be back to normal today. I'm still trying to wrap up my Sunday Consuming Interests column, but we'll serve up the news as it comes.

And really, I want to hear your thoughts on what's been going on this week. Do you agree with the government bailout of Fannie Mae, Freddie Mac, and AIG? Are you angry that risky investments by brokerages has sent Wall Street and the stock market reeling? Are you worried about what this means for you as a BGE customer? Speak up. We want to hear from you. 

(image from stockxchng)