dmj625

Place Not Your Hopes in Mortgage Servicers

If I am understanding it correctly, I judge ruled this week that Countrywide could not modify mortgages that were packaged into Mortgage-Backed Securities (MBS) because of the contractual obligations of the MBS bonds. See here:

seekingalpha.com/artic...

and here:

www.nytimes.com/2009/0...

dmj625

So Now Everything Is Google's Fault?

Who is John Galt?

Has Garmin Lost Its Direction?

The iPhone threat is over-blown. The iPhone has no battery life with GPS on. The iPhone has to download maps and does not have automatic routing.
Garmin is more diverified than most people realize. Their real IP is in the routing logic. They make GPS devices for hunters, hikers, boaters, runners, cyclists, drivers, even GPS-enabled dog collars. Additionally, they are a major player in aviation and recently got FAA approval for a new $30,000 system that it touted as "revolutionizing" aircraft navigation. Oh yeah, they released the first detailed maps for China just in time for the Olympics. ...and those maps can be loaded onto existing Garmin GPS units. ...and there is currently no major player selling GPS in China...