Category Archives: business

How it worked

Consider the Bear Stearns Alt-A Trust 2006-7, a $1.3 billion drop in the sea of risky loans. Here’s how it worked: As the credit bubble grew in 2006, Bear Stearns, then one of the leading mortgage traders on Wall Street, … Continue reading

Posted in business, Weird Science | 23 Comments

Robots can be mush-brained, too

Meet Gordon, probably the world’s first robot controlled exclusively by living brain tissue. Stitched together from cultured rat neurons, Gordon’s primitive grey matter was designed at the University of Reading by scientists who unveiled the neuron-powered machine on Wednesday. Their … Continue reading

Posted in business, Humor, Photos | 5 Comments

Mercedes High-Bred Announced

The automotive world is abuzz over the latest entry into the hybrid auto market, the Mercedes Benz High-Bred. Available this fall in Sedan, Sportster and SUV version, the High-Bred reportedly gets over 75 miles per gallon of petrol on the … Continue reading

Posted in business, Humor, Photos | 16 Comments

What Inflation?

As the Dowbrigade has been noting for some time now, it is clear that the Federal Office of Management and Budget has been cooking the nation’s books for years. We noted almost four years ago that prices at the pumps, … Continue reading

Posted in business, Serious News | 2 Comments

Toilet Museum Moving to Watertown

WATERTOWN – The newest addition to Pleasant Street certainly doesn’t stink. What was once a tourist attraction in Worcester is now heading through the pipelines to Watertown. The American Sanitary Plumbing Museum, aka “the toilet museum,” is moving to the … Continue reading

Posted in business, Friends and Family, Watertown | 13 Comments

Market Hits High – What Are They Smoking?

  The Dow Jones industrial average opened the fourth quarter by soaring more than 200 points at one point, putting the index well above its previous high set in July. At the close, the Dow was up 191.92 points, or … Continue reading

Posted in business, Politics | 7 Comments