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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
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
Posted in Economics
Tagged adsense google, advertising system, economic slowdown, money machine, mr fox, rsquo
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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
Posted in Economics
Tagged 12 months, angel, baby boy, banks, birth of a baby, downey savings, failure, financial briefs, goyim, midwest, money, oil stocks, stock, wamu, washington mutual, wells fargo
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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
Posted in Economics
Tagged american counterparts, british motorists, budweiser beer, bureau of transportation, bureau of transportation statistics, car expense, comparative measure, cost of car ownership, diesel fuel, fuel costs, gasoline costs, gross domestic product, industrialized countries, international energy agency, maintenance costs, minor expense, oil exporter, same time period, starbucks venti, venti latte
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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
Posted in Economics
Tagged adjustable rate loans, ameriquest mortgage co, capital ratio, core capital, downey financial corp, downey savings, federal regulator, first federal bank, first federal bank of california, firstfed financial corp, indymac bancorp, Los Angeles Times, mortgage lenders, new century financial, new century financial corp, office of thrift supervision, reverse mortgage, risk based capital, sub prime lenders, throwing in the towel
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