[Web] Google CEO Schmidt Says Worst of the Financial Crisis Is Over


	[Web] Google CEO Schmidt Says Worst of the Financial Crisis Is Over

Laxon

6-26-2009 4:05 PM

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reclip, schmidt

Laxon says:

Should we believe it?

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/e81ac599-8507-4fcb-98d4-1c73c5ad92b4/F8C5FB2A-7CBA-4627-AFC7-F8E719BF5717/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.eweek.com/c/a/Search-Engines/Google-CEO-Schmidt-Says-Worst-of-the-Financial-Crisis-Is-Over-732576/?kc=rss" href="http://www.eweek.com/c/a/Search-Engines/Google-CEO-Schmidt-Says-Worst-of-the-Financial-Crisis-Is-Over-732576/?kc=rss" style="font-size: 11px;">www.eweek.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.eweek.com/c/a/Search-Engines/Google-CEO-Schmidt-Says-Worst-of-the-Financial-Crisis-Is-Over-732576/?kc=rss"><STRONG>Google CEO Eric Schmidt says that the worst of the financial crisis is almost over and the U.S. economy should begin to turn around by the fall. Schmidt is also optimistic about 2010.</STRONG></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.eweek.com/c/a/Search-Engines/Google-CEO-Schmidt-Says-Worst-of-the-Financial-Crisis-Is-Over-732576/?kc=rss"><P>CANNES (Reuters) - A U.S. recovery is likely to begin this autumn,
the worst of the crisis has passed and it is "reasonable to be
optimistic for 2010," internet search giant Google's chief executive
Eric Schmidt said on Friday.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.eweek.com/c/a/Search-Engines/Google-CEO-Schmidt-Says-Worst-of-the-Financial-Crisis-Is-Over-732576/?kc=rss"><P>Speaking at the Cannes Lions advertising festival in southern
France, Schmidt said U.S. jobless claims indicated "the beginning of
the bottom."</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.eweek.com/c/a/Search-Engines/Google-CEO-Schmidt-Says-Worst-of-the-Financial-Crisis-Is-Over-732576/?kc=rss"><P>"The rate of jobless claims is decreasing although the absolute number is increasing," he explained.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.eweek.com/c/a/Search-Engines/Google-CEO-Schmidt-Says-Worst-of-the-Financial-Crisis-Is-Over-732576/?kc=rss"><P>Schmidt said he did not want to comment on a report that Google had
set up a team of engineers to study the technical specifications of
Bing, the search engine launched recently by Google rival Microsoft, as
he had not seen it.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/F8C5FB2A-7CBA-4627-AFC7-F8E719BF5717/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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