Larry, Sergei and Eric have gained special access to fly the planes of the GAF (Google Air Force) in and out of Silicon Valley on a NASA airfield. The trio’s private air support wing, a company called H211 LLC, recently acquired a fourth passenger jet. Apparently, insurance companies and institutional investors worry that one ofContinue reading “Google International Airport”
Category Archives: The Market
Recovery Act Word Cloud
<!–begin tag cloud : generated by TagCrowd.comFeel free to modify as long as you keep this notice. This code and its rendered image are released under the Creative Commons Attribution-Noncommercial 3.0 Unported License.http://creativecommons.org/licenses/by-nc/3.0/ For commercial use licensing, visit http://tagcrowd.com/licensing.html–> activities adding additional adjustment agency allowed amount application apply appropriate assistance authorized available award beginning benefitsContinue reading “Recovery Act Word Cloud”
Econopocalypse Now
The conservative take on bank nationalization digested by The Consumerist. B of A chief Ken Lewis subpoenaed by state prosecutors, as reported by the Financial Times. And Dr. Housing Bubble us that the median price of a home in Southern California has declined to $250,000, a level last seen in February 2002.
VIDEO: Miami Real Estate Speculator Loses Shirt
Hey, at least he’s taking responsibility for it. This guy is more in touch with reality than most people. I guess losing $32 million will give you some humility.
Petrodollar Recycling, the Bubble and You: Part II
Yesterday, I commented on how we were getting a demo on how some of the money being spent on oil was coming home and speculating on the real estate market. As insightful as that was, it looks like the downturn in the Dubai real estate market is going to dwarf the rollbacks in US cities.Continue reading “Petrodollar Recycling, the Bubble and You: Part II”
