The Google Bank Gains a Service

August 27, 2009

I remember giving a talk at a Bear Stearns conference before the firm failed and the whiz kids turned to other pursuits such as Wal*Mart stockers and pizza hustlers on Lexington Avenue. In 2006, I showed a diagram with GGB and a dollar sign. The idea was that Google’s platform would permit the company to become a global financial services firm. I got a Jay Leno scale laugh. I was not joking but the whiz kids and Ivy League MBAs thought I was a hoot. Off base, wrong, but a hoot. I refer those shelf stockers and pizza peddlers to this article “LendingTree says Google to Compete on Loan Referrals.” The article could be addled as I am. If it is true, another granite block in Google’s financial services line up is getting moved from the trailer truck to the Googleplex.

Stephen Arnold, August 27, 2009

Written by Stephen E. Arnold · Filed Under Business strategy, Financial, Google, News

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Stephen E. Arnold monitors search, content processing, text mining and related topics from his high-tech nerve center in rural Kentucky. He tries to winnow the goose feathers from the giblets. He works with colleagues worldwide to make this Web log useful to those who want to go "beyond search". Contact him at sa [at] arnoldit.com. His Web site with additional information about search is arnoldit.com.

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