GOOGLE starts mapping indoor locations!

Source: NewsCore

MOUNTAIN VIEW, Calif. — Google has started to integrate Groupon-like offers into Google Maps, and it is not stopping there.

Eric Rosenblum, Google’s director of product management for Google Offers, said consumers will start seeing offers for restaurants, spas and other services on a variety of Google properties soon, AllThingsDigital reported Thursday.

“Any Google properties that have a strong location, social or commerce component are strong candidates,” he said.

On Wednesday, Google started off [...]

Must Be Broken Up: Assets of 10 Biggest Banks=Half of U.S. GDP:

The nation’s largest banks, with combined holdings equal to half of the U.S. economy, represent a “clear and present danger” and must be broken up.

This alarmist conclusion is not the work of a consumer advocate or a liberal critic of Wall Street. No, this assessment comes out of Dallas, Texas, and the local arm of the Federal Reserve.

In its 2011 annual report, the Dallas Fed notes that more than half of [...]

The Dallas Fed Officially Calls For The Immediate Breakup Of Large Banks

It’s hard not to think it’s a big deal when a branch of the Federal Reserve system calls for the breakup of major American banks.

The bank has just released its annual report, and the title of the letter is: Choosing the Road to Prosperity Why We Must End Too Big to Fail—Now.

Here’s the full letter from Dallas Fed President Richard Fisher, generally known as one of the most hawkish and conservative Fed Presidents.

Letter [...]