Wowsa. It’s been a pretty brutal day for economic news:Foreclosures Hit Record High“Hysteria” Drives Oil to Record HighUnemployment Up Sharply Nationwide (held its own in Arizona by the way)As such, the stock market took a pounding today, with the Dow losing 395 points (All the broad market indexes were down about 3% today).I’m a bit of a news junkie. As I was reading … [Read more...]
Foreclosures Top 1 Million, Record High Oil Prices, Unemployment Up, Dow Down 400 Points
by on June 6, 2008
Couple Sues Google for “Street View” Invasion of Privacy
by on April 4, 2008
I mentioned back in October that Google’s “Street View” was rolling out in Phoenix. Street View allows web users to “navigate” Google Maps and view 360–degree panoramic images.In that post I briefly touched on the privacy concerns some folks have with Street View. Now The Smoking Gun reports a Pittsburgh couple has filed a lawsuit against Google … [Read more...]
Home Buyer Suing Agent: Ummel v. Little Update
by on March 31, 2008
Back in January I wrote, On Buyers Suing Agents — an article about California home buyers Marty and Vernon Ummel suing their real state agent Michael Little and his RE/Max brokerage. The Ummels claim Little “defrauded them when he failed to inform them that similar houses on the same block were selling for more than $100,000 less than what the Ummels had paid”. Today … [Read more...]
Bear Stearns Collapse: $159/share to $2 in 365 Days
by on March 17, 2008
There is a ton of buzz out there today about the collapse of Bear Stearns.Some may be asking, “What is a Bear Stearns?” From their web page: The Bear Stearns Companies Inc. (NYSE: BSC) is the parent company of Bear, Stearns & Co. Inc., a leading global investment banking, securities trading and brokerage firm. From MSN Money: Bear Stearns “is an investment banking, … [Read more...]
Going to Mexico? New Border Crossing Rules Jan 31, 2008
by on January 28, 2008
Lots of folks in Arizona travel to Mexico. Rocky Point (Puerto Penasco) is within easy driving distance from Phoenix and Tucson and an absolutely lovely vacation destination. (Our last trip to Rocky Point.) And as we’ve seen recently, lots of folks from Canada travel to Phoenix!To get into Mexico, all you need is any official US ID. Passports are not required. (Source: Mexican Foreign … [Read more...]
I'm Jay Thompson, and I have a little blogging problem... 
