Archive for the 'Economy' Category



As Wall St banks confront another string of write-downs, I thought this post from Umair was a good commentary. Here’s a snippet:
In Zimbabwe, it looks like this: a cadre of government thugs, eating what little fat is left on the bones of the country’s decaying agricultural and industrial asset base.
In the UK and US, it [...]

Have you heard of the Israeli startup called Better Place? Here’s a story on it. The idea is that instead of refueling for more gas or recharging an electric battery, you actually swap the batteries at stations.
Israel is a tiny country and a perfect developed place to try this. So you get an electric car [...]

Via VC Confidential:
Mystified about how Wall Street’s best and brightest could suddenly up and lose tens of billions of dollars on insanely risky mortgage bets? Then watch these two British comedians explain how our country’s most lucrative and admired industry works…

Note: I have promised to republish this when things die down, so it’s not thought of to be special media pressure. Though it’s ought to be. This is my opinion, and from here if the media wants to run with it so be it, I am not sending this story out to anyone nor is there a call [...]

Updated: 11/26/2007
The original article is now reposted here.

I’ve been reading a lot of drive by comments in the last few days about Google’s stock going up. A number of such mentions were to quick to point out all the wonderful things recently going for Google such as the Hitwise August report on Sept 20th showing Google now receiving 64% of the US Searches [...]