Category Archives: Economics

Indy Mac Bank Going Down?

It appears to be a few months from being shut down, something you wrote about with regard to Downey and First Fed many months ago – they are cutting 60% of their workforce and not doing any more loans. I … Continue reading

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Adsense – Google’s Money Machine

Here’s my interview with one of the founders of Adsense — Eytan Elbaz. Here’s today’s New York Times: “You can see very, very quickly if anything is amiss,” said Mr. Fox, director of business product management at Google. Mr. Fox … Continue reading

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Financial Briefs

Joe emails: Banks – the order of failure will be – Downey Savings within 12 months, just like the angel said to Sarah regarding the birth of a baby boy. Next is First Federal, probably in the next 18 months. … Continue reading

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Stop Whining About Higher Gas Prices

By any comparative measure, gas is still cheap. It costs me $80 to fill my tank and I need to do that every two weeks. I get about ten miles to the gallon. Gasoline is not my major car expense. … Continue reading

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Southern California Savings & Loans Holding On

This is not good for the Jews. The Gentiles are gonna get restless and who will they blame? The Los Angeles Times reports: Investors are increasingly throwing in the towel on Southern California-based savings-and-loan mortgage lenders IndyMac Bancorp, FirstFed Financial … Continue reading

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