Dennis Lockhart Speech
September 30th, 2008
President of the Federal Reserve Bank of Atlanta Dennis Lockhart spoke today to a group in New Orleans. Here are some key snippets of his speech:
THE BAILOUT
September 28th, 2008SPECTACULAR NEW OCEANFRONT LISTING
September 26th, 2008
NATIONAL SALES RESULTS FOR AUGUST
September 24th, 2008
WHAT DOES IT ALL MEAN III
September 22nd, 2008
So in the last several days there have been the following major developments:
- The Treasury crafted a plan in which it would buy $700 billion worth of mortgage backed securities from financial institutions;
- The SEC has placed a temporary ban on short-selling 800 financial institutions;
- The Fed has approved Morgan Stanley and Goldman Sachs becoming bank holding companies; and
- Read More »
ANYONE HAVE WHIPLASH YET?
September 18th, 2008
The equity markets rocketed today after the Federal Government all but promised a bailout.
Another Day, Another 400 points
September 17th, 2008ANOTHER TOM AND SEAN CLOSING
September 16th, 2008We are pleased to announce the sale of Royal Mauian unit 115. This two bedroom unit sold for $1.035 million. Yet another example of how well the Leading Edge Marketing System works in difficult markets.
AIG Taken Over and Lehman Sold After All
September 16th, 2008
In two astonishing pieces of news, giant insurer AIG will receive an $85 billion loan from the fed in return for an 80% interest…
FOLLOWING UP ON THE MELTDOWN
September 15th, 2008
When the Dow Jones sat 300 points down early in the day, it seemed to us that was about the best possible indicator that the damage from the weekend had been contained. But the last 30 minutes in the market was a catastrophe. The Dow finished off over 4% as did the S&P 500. Here are some important events marking the day:
