Google, Circa 2001 355
An anonymous reader writes "If you have 10 minutes to spare, take a look at an archive that Google has posted to mark the company's 10th anniversary. The search engine and its results are based on data from 2001, but it's interesting to see what turns up when popular 2008 terms are entered. For instance, iPod generates a reference to Image Proof of Deposit Document Processing System, and the 771 Barack Obama results centered around his duties as an Illinois State Senator."
Re:Fannie Mae/Freddie Mac HOLY CRAP (Score:3, Informative)
Well there where articles about the lowering of the credit requirements causing problems going back to 1999.
Re:Subtle political trolling (Score:3, Informative)
It isn't a dig against Obama. It merely contrasts how the results back then are completely different from today's results. How is that slandering him?
Re:Nice to see what's missing (Score:2, Informative)
others that came on the top of my head:
katrina [google.com] was Katrina Leskanich
gmail [google.com] was "a linux (unix) email client for the Gnome desktop."
Re:Nice to see what's missing (Score:4, Informative)
To be fair, that is from a grand jury indictment, and a statement in an indictment isn't necessarily a proven fact. That it got past the grand jury suggests little more than that the grand jury believed the chances of it were high enough to turn over to trial; without transcripts, there's no way of knowing how strong their belief may have been.
Wikipedia -- 42143900% Increase in Results! (Score:3, Informative)
Google Jan 2001:
Results 1 - 10 of about 681 for wikipedia. (0.01 seconds)
Google today:
Results 1 - 10 of about 287,000,000 for wikipedia. (0.07 seconds)
That's a 42143900% increase in results! :)
Re:This is fucking cool (Score:1, Informative)
Old and full of fail. "Ich bin ein Berliner" translates as, "I am a Berliner". Wow, imagine that!
Take a trip to Germany and ask around.
Re:This is fucking cool (Score:3, Informative)
Even better: "I am so sorry I'm such a weasel," she said.
http://web.archive.org/web/20010208163524/www.adn.com/elex/story/0,3109,204160,00.html [archive.org]
Freddie Mac comments against bill H.R. 3703 (Score:0, Informative)
Just thought I'd browse the google archive for insight into the current market collapse. Hindsight sure is interesting.
This statement was made in 2000. Here's a one liner highlight, followed by the entire article:
"Freddie Mac holds enough capital to withstand 10 years of severe, adverse economic conditions â" much like the Great Depression."
Leland C. Brendsel
Chairman and CEO
Freddie Mac
The Subcommittee on Capital Markets, Securities and Government Sponsored Enterprises of the Committee on Banking and Financial Services
U.S. House of Representatives
Washington, District of Columbia
May 16, 2000
Good morning Chairman Baker, Congressman Kanjorski and Members of the Subcommittee. I am Leland Brendsel, Chairman and CEO of Freddie Mac. I welcome the opportunity to talk to you about the tremendous benefits we bring to Americaâ(TM)s families.
Congress created Freddie Mac in 1970 with a special purpose and vital role. The dramatic improvement for homebuyers since then is a great success story.
I believe Freddie Macâ(TM)s ability to continue meeting our mission rests on maintaining the confidence of the markets and the Congress. I want to work with the Subcommittee to achieve this objective.
Freddie Macâ(TM)s role is and always has been to link families in the nationâ(TM)s communities with the global capital markets. The mortgages we buy are high-quality, low-risk assets backed by the equity in peopleâ(TM)s homes. The securities we issue attract investors worldwide to finance Americaâ(TM)s housing.
For 30 years, Freddie Mac has been at the forefront of innovation. From the standardization of mortgage documents in the 1970s to the automated underwriting systems and new technologies of the 1990s, we have reduced the time and cost to get a mortgage, and we have increased the availability of mortgage loans.
Freddie Macâ(TM)s single-handed creation of the market for conventional mortgage securities in the 1970s and the development of a global investor base for our debt more recently has further reduced mortgage costs and expanded housing opportunities.
Freddie Mac has opened doors to housing for low-income families, for minority families, in fact, we have financed homes for more than 25 million families in America since our beginning.
The result is the nationâ(TM)s highest homeownership rate ever, and a housing finance system that is the envy of the world.
By any measure, our success is evident.
* You can look back in history.
* You can look at parts of the market we do not serve.
* You can look at other countries.
Any way you look at it, the market we serve does a far better job for homebuyers than the market segments we do not serve.
We must ensure that future generations of homebuyers enjoy these benefits.
Over the next decade, Americaâ(TM)s families will need another six trillion dollars to finance their homes, including more than two trillion dollars for first-time homebuyers.
Some of Freddie Macâ(TM)s competitors think this can be accomplished without a vibrant, growing secondary market. They bear the burden of proof that uprooting this tremendous housing finance system would benefit Americaâ(TM)s homebuyers and renters.
But there is no way they can meet that standard. So, instead, they distort the record. I would like to set the record straight, in brief remarks, on three points.
First, it has been suggested that Freddie Mac can continue meeting our public mission without the use of debt securities.
The reality is that debt financing is essential to meeting our mission, and is becoming even more important as the number of new homeowners grows.
Freddie Macâ(TM)s use of both mortgage-backed and debt securities has enabled us to build a diverse investor base â" first within the United States and now internationally. The b