WASHINGTON (AP) – When Janet Yellen leaves the Federal Reserve this weekend after four years as chair, her legacy will include having shattered a social barrier: She is the first woman to have led the world's most powerful central bank, a position that carries enormous sway over the global economy.

2. 3 Things: Yellen's Impact on the Fed and the US Economy - Monday, November 6, 2017

WASHINGTON (AP) – After she steps down in February, Janet Yellen will go into history books at the first woman to have led the Federal Reserve in its 100-year history. But Yellen, who has earned widespread praise for her stewardship of the Fed, will be remembered for much more than breaking a glass ceiling at the world's leading central bank.

3. Midtown Momentum - Monday, April 27, 2015

Kroger Co., buoyed by the Crosstown Concourse development and increased investment in Midtown as a whole, has purchased properties associated with the long-dormant Washington Bottoms project at Poplar Avenue and Cleveland Street.

4. Council OKs Street Closures In Washington Bottoms - Saturday, January 25, 2014

The Memphis City Council approved Tuesday, Jan. 21, a set of six alley and street closures on parcels totaling 28 acres in the Poplar Avenue-Cleveland Street area. The area, once known as Washington Bottoms, was cleared of buildings in 2008 in anticipation of redevelopment by a Memphis division of WSG Development Co. of Miami Beach, Fla.

5. Council OKs Street Closures in Washington Bottoms - Thursday, January 23, 2014

The Memphis City Council approved Tuesday, Jan. 21, a set of six alley and street closures on parcels totaling 28 acres in the Poplar Avenue-Cleveland Street area. The area, once known as Washington Bottoms, was cleared of buildings in 2008 in anticipation of redevelopment by a Memphis division of WSG Development Co. of Miami Beach, Fla.

6. Council Gets Overview of Public Safety Spending - Wednesday, January 22, 2014

Memphis City Council members got a first and at times conflicting look Tuesday, Jan. 21, at the hard decisions they could make about city spending on public safety.

Memphis Mayor A C Wharton Jr. walked the council through some ideas for cuts in city spending beyond larger changes in city retirement and health benefits. Those obligations are the “cornerstone” of the efforts to get the city’s financial house in order, said city Chief Administrative Officer George Little.

7. Plans in Works for Dormant Midtown Project - Monday, January 6, 2014

City officials are working on plans to kick-start the dormant Washington Bottoms project at Poplar Avenue and Cleveland Street in Midtown.

Memphis Housing and Community Development director Robert Lipscomb confirmed that he is working on the effort but said he was not yet able to release detailed information on the project.

8. Jamesbridge Apartments Sell for $3.6 Million - Tuesday, June 25, 2013

3689 James Road Memphis, TN 38128

Sale Amount: $3.6 million

Sale Date: June 6, 2013

9. Jamesbridge Apartments Sell for $3.6 Million - Wednesday, June 19, 2013

A California company has bought the 432-unit Jamesbridge Apartments at 3689 James Road in Raleigh for $3.6 million.

10. U of M Files Permit for New Residence - Tuesday, February 26, 2013

3615 Central Ave. Memphis, TN 38111

Permit Cost: $43.5 million

Project Cost: $53 million

11. Jamesbridge Apartments Sells for $7.2 Million in Foreclosure - Thursday, February 21, 2013

The 432-unit Jamesbridge apartments at 3689 James Road in Raleigh sold to a special servicer for $7.2 million after a foreclosure.

12. Bank of America, Barclays Sell Archstone Stake - Monday, May 28, 2012

NEW YORK (AP) – Bank of America Corp. and Barclays Bank PLC are selling their stake in the apartment building owner Archstone to Lehman Brothers Holdings Inc.'s bankruptcy estate for $1.58 billion.

13. FDIC Head Outlines Strategy for Seizing Banks - Friday, May 11, 2012

WASHINGTON (AP) – Regulators plan to employ a strategy for handling big failing banks that would help stabilize the financial system by preserving the banks' healthy operations, the head of the Federal Deposit Insurance Corp. says.

14. MF Global's Dive Shows Few Changes on Wall Street - Friday, November 11, 2011

WASHINGTON (AP) – After countless new rules designed to make Wall Street safer, it's come to this: Another securities firm has collapsed from risky, poorly disclosed bets.

Not enough, in other words, has changed since the U.S. financial system nearly toppled three years ago.

15. Lehman Plan Receives Support From Major Creditors - Monday, July 4, 2011

NEW YORK (AP) – Lehman Brothers is getting broader support for its new bankruptcy plan.

The investment bank, which filed for bankruptcy at the height of the financial crisis in 2008, said Friday that creditors holding claims of $100 billion have approved its payment plan.

16. City And Lehman Bros. Reach Accord on Demolition - Monday, October 4, 2010

Lehman Brothers Holdings Inc. has announced work will begin this week on clearing the Midtown site of what once was to have been a major mixed-use development that now is the site of abandoned, fire-damaged buildings.

17. City And Lehman Bros. Reach Accord On Washington Bottom Demolition - Friday, October 1, 2010

Lehman Brothers Holdings Inc. has announced work will begin next week on clearing the Midtown site of what once was to have been a major mixed-use development that now is the site of abandoned, fire-damaged buildings.

18. Midtown Target - Tuesday, June 1, 2010

Two years ago this month, awed silence greeted real estate developer Tom Marsh as he clicked through slides and walked a neighborhood group through his team’s plan.

19. Midtown Big-Box Site Not Dead – Yet - Monday, March 29, 2010

Friday’s foreclosure notice announcing a sale on the courthouse steps of dozens of Midtown properties where a long-awaited mixed-use project has been planned for years is not an automatic death knell for the development.

20. Midtown Big-Box Site Foreclosed - Friday, March 26, 2010

Dozens of Midtown properties slated for a major mixed-use redevelopment have been foreclosed and will be auctioned off to the highest bidder.

WSG Memphis LLC, the Miami-based firm whose ambitious plans might have landed a Target store at the intersection of Poplar Avenue and Cleveland Street, defaulted on a $14 million loan through Lehman Brothers Holdings Inc. dated April 30, 2007.

21. SEC Boss: Agency Examining Companies - Thursday, March 18, 2010

WASHINGTON (AP) - The head of the U.S. Securities and Exchange Commission confirmed Wednesday the agency is investigating several companies' actions in the run-up to the financial crisis of 2008.

22. Geithner Says $700B Bailout Program Will End Soon - Thursday, December 3, 2009

WASHINGTON (AP) - U.S. Treasury Secretary Timothy Geithner affirmed Wednesday the U.S. administration's intent to soon end the $700 billion financial bailout program.

Geithner did not provide details, but said the government is close to the point at which "we can wind down this program" and end it.

23. Regulators Seek Tighter Derivatives Oversight - Thursday, October 8, 2009

As two federal regulators asked a House panel to tighten proposed legislation imposing new oversight on derivatives, Republican lawmakers contended the measure already could eliminate jobs and stifle companies’ ability to manage risks.

24. Banks Trim Use Of Emergency Fed Programs - Monday, October 5, 2009

WASHINGTON (AP) – Banks reduced their borrowing from the Federal Reserve’s emergency lending facility over the past week, and cut back on their use of other programs designed to ease the financial crisis.

25. Risk-taking is Back for Banks One Year after Crisis - Tuesday, September 15, 2009

NEW YORK (AP) - A year after the financial system nearly collapsed, the nation's biggest banks are bigger and regaining their appetite for risk.

Goldman Sachs, JPMorgan Chase and others – which have received tens of billions of dollars in federal aid – are once more betting big on bonds, commodities and exotic financial products, trading that nearly stopped during the financial crisis.

26. Morgan Stanley CEO to Inherit Bank in Transition - Monday, September 14, 2009

NEW YORK (AP) - Morgan Stanley's incoming CEO will be facing a drastically different landscape on Wall Street from when John Mack took over in 2005.

27. First Horizon CEO Rises Above Market Turbulence - Monday, August 31, 2009

The logo of First Horizon National Corp. is a small piece of the Tennessee state flag.

It reflects the Volunteer State roots of the financial services giant. And it’s where First Horizon had begun to refocus itself before Bryan Jordan moved into a corner office of the company’s Downtown Memphis headquarters one year ago this week.

28. Morgan Stanley Posts Q2 Loss of More Than $1.2B - Thursday, July 23, 2009

NEW YORK (AP) - Morgan Stanley said Wednesday it lost more than $1.2 billion during the second quarter as it took a charge to repay government bailout money. The investment bank was also hurt for a second straight quarter by the improving value of its own debt.

29. CIT Won't Get Bailout, Raising Bankruptcy Prospect - Friday, July 17, 2009

WASHINGTON (AP) - CIT Group Inc. shares tumbled more than 70 percent Thursday as its inability to get emergency government funding raised expectations that the commercial lender will file for bankruptcy protection.

30. GM Says Bondholder Offer Fails; Bankruptcy Likely - Thursday, May 28, 2009

DETROIT (AP) - A General Motors Corp. bankruptcy filing seemed inevitable after a rebellion by its bondholders forced it to withdraw on Wednesday a plan to swap bond debt for company stock.

31. BofA Delays Release of Votes on CEO Lewis - Thursday, April 30, 2009

CHARLOTTE, North Carolina (AP) - Ken Lewis is keeping his seat on the Bank of America Corp. board, but his job title is less certain.

32. JPMorgan Sees Savings of $2B Related to WaMu Deal - Friday, February 27, 2009

NEW YORK (AP) - JPMorgan Chase & Co. said Thursday it expects to realize about $2 billion in savings related to its acquisition of Washington Mutual Inc., the failed Seattle thrift the bank acquired at the end of September.

33. Lehman Plans to Spin Off Venture Capital Arm - Wednesday, February 25, 2009

NEW YORK (AP) - Lehman Brothers says it plans to spin off its venture capital unit to an investment group that will include managers of the business for an undisclosed price.

Lehman said the venture capital operation would be renamed Tenaya Capital.

34. Thain Resigns from Bank of America - Friday, January 23, 2009

NEW YORK (AP) - Wall Street bonuses, a sore point as the government gives billions of dollars in bailout money to the financial industry, have apparently cost former Merrill Lynch & Co. CEO John Thain his new job at Bank of America Corp.

35. Business slump sped up in autumn - Wednesday, January 21, 2009

Although fewer businesses sought licenses to operate or renewed their existing permits throughout all of 2008, the numbers took a sharper plunge after the financial crisis froze credit markets in August and September.

36. Time Warner Expects $25B Charge, Loss for Year - Thursday, January 8, 2009

NEW YORK (AP) - Media company Time Warner Inc. said Wednesday that it expects a fourth-quarter charge of $25 billion to write down the value of its cable, publishing and AOL assets, leading to a loss for the year.

37. Lehman’s Chaotic Bankruptcy Destroyed Billions - Tuesday, December 30, 2008

As much as $75 billion of Lehman Brothers Holdings Inc. value was destroyed by the unplanned and chaotic form of the firm’s bankruptcy filing in September, according to an internal analysis by the company’s restructuring advisers.

38. Court OKs Sale of Neuberger Berman to Employees - Tuesday, December 23, 2008

NEW YORK (AP) - A bankruptcy judge Monday approved the sale of Lehman Brothers Holdings Inc.'s prized investment management unit to a group of managers and employees.

39. Goldman Sachs Posts First Loss Since Going Public - Wednesday, December 17, 2008

NEW YORK (AP) - Goldman Sachs Group Inc. on Tuesday reported its first quarterly loss since it went public in 1999, losing $2.29 billion during its fiscal fourth quarter.

40. Merrill, BofA Shareholders Approve Combination - Monday, December 8, 2008

CHARLOTTE, N.C. (AP) - Shareholders of Merrill Lynch & Co. and Bank of America Corp. on Friday approved the investment bank's sale to Bank of America, in a move that will create the nation's largest financial-services firm.

41. Sector Snap: Regional Bank Stocks Mixed - Wednesday, November 26, 2008

NEW YORK (AP) - Shares of regional banks were mixed Tuesday, after the government introduced a number of new initiatives designed to help unfreeze the credit markets.

The Federal Reserve said it will buy $500 billion in mortgage-backed securities, or pools of mortgages that are bundled together and sold to investors. The government will also lend up to $200 billion to the holders of securities backed by various types of consumer loans, including credit card loans.

42. Credit Market Recovery Slips on Carmaker Fears - Friday, November 21, 2008

NEW YORK (AP) - Investors flooded into government debt again on Thursday, sending Treasury yields to multiyear lows as ongoing worries about an auto industry collapse impede the credit markets' attempts at a recovery.

43. Citi Shares Sink Despite Saudi Prince's Investment - Friday, November 21, 2008

NEW YORK (AP) - Citigroup Inc. shares tumbled below $5 a share Thursday for the first time in 15 years, a sign that a Saudi prince's decision to boost his stake in the bank failed to galvanize confidence among increasingly anxious investors.

44. Morgan Stanley Unveils Job Cuts - Thursday, November 13, 2008

NEW YORK (AP) - Morgan Stanley on Wednesday outlined plans to cut 10 percent of staff in its biggest business, which covers everything from investment banking to stock trading.

45. Commercial Paper Rises for Second Straight Week - Friday, November 7, 2008

NEW YORK (AP) - The Federal Reserve says the amount of commercial paper in the market has increased for the second straight week, but at a slower pace.

Companies issue commercial paper to borrow money for short periods to finance their day-to-day operations. The Fed started buying highly rated, three-month commercial paper on Oct. 27 to prop up a market that saw demand fall off after Lehman Brothers Holdings Inc. collapsed.

46. CEO Richard Fuld to Leave Lehman by Year-End - Thursday, November 6, 2008

NEW YORK (AP) – The chief executive of fallen investment bank Lehman Brothers will step down by the end of the year without severance or a bonus, a spokesman said Wednesday.

He will stay on as chairman of the board.

47. Treasurys Edge Up After Manufacturing Contraction - Tuesday, November 4, 2008

NEW YORK (AP) - Treasury prices rose modestly in quiet trading Monday after a bleaker-than-expected reading on the manufacturing sector, but investors avoided making large bets ahead of Tuesday's presidential election. Meanwhile, key interbank lending rates extended their declines, a sign of further easing in the credit markets.

48. Commercial Paper Rises For First Time in 7 Weeks - Friday, October 31, 2008

NEW YORK (AP) - The Federal Reserve says the amount of commercial paper in the market increased over the past week for the first time since the collapse of Lehman Brothers Holdings Inc.

49. Fed Sets Rates For Commercial Paper Facility - Tuesday, October 28, 2008

The Federal Reserve reported Monday it is asking a rate of 1.88 percent to buy unsecured commercial paper, plus a 1 percent surcharge, and a rate of 3.88 percent for asset-backed commercial paper.

The Fed reported earlier this month it would start buying commercial paper to bolster the market. Commercial paper is the short-term debt that companies sell for their short-term financing needs. Sometimes it is unsecured; other times, assets such as mortgages back it.

50. Treasury Set To Dish Out Rescue Funds - Tuesday, October 28, 2008

WASHINGTON (AP) – The Treasury Department will start doling out $125 billion to nine major banks this week to get credit flowing again, giving a lift to U.S. markets on rising confidence that the government’s moves would stave off a protracted recession.

51. Interbank Rates Drop, Investors Sell Off T-Bills - Wednesday, October 22, 2008

NEW YORK (AP) – Bank-to-bank loan rates and yields on Treasury bills returned to their late September levels Tuesday, extending a recovery in the credit markets. Market watchers are now wondering, though, how much more the credit environment can improve given the economy's weakness.

52. Fed Makes New Move To Help Bust Credit Logjam - Wednesday, October 22, 2008

WASHINGTON (AP) – The Federal Reserve on Tuesday introduced a new program to finance the purchases of assets from money market mutual funds as the government continued to search for ways to battle a severe credit crisis.

53. Prosecutors Eyeing Wall Street Mess Look for Lies - Tuesday, October 21, 2008

NEW YORK (AP) - Investigators are hunting through the remains of the stock-market collapse and housing bust of 2008 for fresh signs of white-collar crime, targeting many of the same types of misdeeds that precipitated past market downturns.

54. Mitsubishi Closes $9B Investment In Morgan Stanley - Tuesday, October 14, 2008

NEW YORK (AP) – Morgan Stanley completed a deal Monday to receive a $9 billion investment from Japanese bank Mitsubishi UFJ Financial Group Inc., giving it a much-needed cash infusion.

55. Wall Street Soars as Government Pledges Bank Aid - Tuesday, October 14, 2008

NEW YORK (AP) - Wall Street snapped back from last week's devastating losses after major governments announced further steps to support the global banking system, including plans by the U.S. Treasury to buy stocks of some banks. All the major indexes rose more than 8 percent, and the Dow Jones industrials rose more than 700 points.

56. States Cut Spending, Put Projects on Hold - Monday, October 13, 2008

With the economy in a slide and the credit markets seized up, states are slashing budgets, eliminating jobs, putting major construction projects on hold and nervously waiting to see whether their shriveled pension funds recover.

57. Interbank Rates Still High After Rate Cut - Friday, October 10, 2008

NEW YORK (AP) - The Federal Reserve's interest rate cut failed to pull down bank-to-bank lending rates Thursday, and the amount of commercial paper in the market fell for the fourth straight week.

58. Allianz to Invest $2.5B In Hartford Financial - Tuesday, October 7, 2008

CHARLOTTE, N.C. (AP) – Hartford Financial Services Group Inc. said Monday it will receive a $2.5 billion investment from Allianz SE.

The Hartford, Conn.-based insurer also predicted a steep third-quarter loss, and said it is cutting its dividend in conjunction with the investment by Allianz.

59. Thain to Remain With BofA After Merrill Deal - Friday, October 3, 2008

NEW YORK (AP) – Bank of America Corp. reported Thursday that Merrill Lynch & Co.’s chief executive, John Thain, will take a new position at Bank of America once the bank completes its acquisition of Merrill.

60. Fannie, Freddie Disclose Subpoenas, Investigations - Tuesday, September 30, 2008

WASHINGTON (AP) – A federal grand jury is investigating accounting and disclosure issues at Fannie Mae and Freddie Mac, the mortgage finance companies reported Monday.

Fannie and Freddie received subpoenas Friday from the U.S. Attorney’s office in Manhattan as well as requests from the Securities and Exchange Commission that they preserve documents. Fannie Mae and Freddie Mac were taken over by the government earlier this month as their mounting defaults and foreclosures threatened the entire mortgage market.

61. WaMu Biggest Bank to Fail In Nation’s History - Monday, September 29, 2008

NEW YORK (AP) – Washington Mutual Inc., one of the nation’s largest banks, has collapsed under the weight of its enormous bad bets on the mortgage market.

The Federal Deposit Insurance Corp. seized WaMu on Thursday, and then sold the thrift’s banking assets to JPMorgan Chase & Co. for $1.9 billion.

62. Goldman Raises $5 Billion in Public Stock Offer - Thursday, September 25, 2008

NEW YORK (AP) - Goldman Sachs Group Inc., seeking to improve not only its balance sheet but its standing with investors, has undertaken a huge capital-raising program that includes an investment of at least $5 billion from Warren Buffett and a common stock offering for another $5 billion.

63. Exec Pay Limits Gain Support as Bailout Questioned - Thursday, September 25, 2008

WASHINGTON (AP) - Executives whose companies get a piece of the $700 billion government bailout will have their pay packages strictly limited under proposals that are broadly supported by both Republicans and Democrats in Congress.

64. AIG Takes $85B Deal from Fed - Thursday, September 25, 2008

CHARLOTTE, N.C. (AP) - American International Group Inc. may have agreed to take the U.S. government up on a two-year, $85 billion loan to help stave off bankruptcy, but now the nation's largest insurer faces an FBI investigation.

65. Japan's Nomura Buys Lehman's Europe, Mideast Units - Wednesday, September 24, 2008

TOKYO (AP) - Nomura, Japan's largest brokerage, said Tuesday it would buy the European and Middle Eastern operations of Lehman Brothers - just a day after disclosing it had acquired the Asian units of the failed U.S. investment bank.

66. Morgan Stanley to Sell 20 Percent Stake to Mitsubishi - Tuesday, September 23, 2008

NEW YORK (AP) – Investment bank Morgan Stanley reported Monday it signed a letter of intent to sell up to 20 percent of the company to Mitsubishi UFJ Financial Group Inc.

Financial terms of the deal were not disclosed. If the deal is completed, the price would be based on Morgan Stanley’s book value after Japan’s largest bank completes a due diligence review. The letter of intent signed by both banks is nonbinding.

67. Jobless Claims Rise Because of Hurricane Gustav - Friday, September 19, 2008

New applications for unemployment benefits rose unexpectedly last week from the impact of Hurricane Gustav, the government reported Thursday.

The Labor Department reported that initial jobless claims rose to a seasonally adjusted 455,000, up 10,000 from the prior week. Analysts had expected claims to fall slightly to 440,000.

68. Oil Rises as Investors Eye US Financial Turmoil - Friday, September 19, 2008

VIENNA, Austria (AP) - Concerns over deepening turmoil in the U.S. financial system briefly propelled oil prices above $100 a barrel Thursday as investors turned away from equities in favor of commodities. Unrest in oil-rich Nigeria also supported prices.

69. Stocks Tumble After Government Bailout of AIG - Thursday, September 18, 2008

NEW YORK (AP) - Wall Street plunged again in a crisis of confidence Wednesday as anxieties about the financial system still ran high after the government's bailout of insurer American International Group Inc. The Dow Jones industrial average dropped about 340 points, and investors seeking the safety of hard assets and government debt sent gold, oil and short-term Treasurys soaring.

70. Shares of Morgan Stanley and Goldman Sachs Plunge - Thursday, September 18, 2008

NEW YORK (AP) - Shares of Goldman Sachs and Morgan Stanley plunged on Wednesday, a sign that investors fear they can't survive in their present form as the last two major independent investment banks.

71. Stocks Fluctuate after Fed Keeps Rates Unchanged - Wednesday, September 17, 2008

NEW YORK (AP) - Wall Street fluctuated in a wide range Tuesday after the Federal Reserve left interest rates unchanged, sending a signal to the markets that the economy is not in dire straits.

72. Bank of America Agrees to Buy Merrill for $50B - Tuesday, September 16, 2008

NEW YORK (AP) – Bank of America on Monday began adding another slice to its growing financial services empire, buying Merrill Lynch in a $50 billion deal that would create a bank that offers everything from fixed-income trading to credit card lending.

73. SEC Plans Measures Against Short-Selling - Tuesday, September 16, 2008

WASHINGTON (AP) - With Wall Street engulfed in crisis, the Securities and Exchange Commission is planning measures to rein in aggressive forms of short-selling that were blamed in part for the demise of Lehman Brothers and which some fear could be turned against other vulnerable companies.

74. World Markets Tumble on Lehman News - Tuesday, September 16, 2008

PARIS (AP) - World stock markets turned sharply lower Monday after a double-fisted blow from Wall Street - news that Lehman Brothers had filed for bankruptcy and Merrill Lynch would be sold to Bank of America.

75. Wall Street Crisis Could Put Fed Rate Cut in Play - Tuesday, September 16, 2008

WASHINGTON (AP) - Wreckage from a massive crisis on Wall Street could prompt the Federal Reserve to do an about face and once again cut a key interest rate this week or possibly later this year, economists said Monday.

76. WaMu Says Capital is Sufficient to Fund Operations - Monday, September 15, 2008

NEW YORK (AP) - Washington Mutual Inc. said Thursday it will take another multibillion write-down for bad bets on mortgage securities, but insisted it has adequate capital to fund its operations amid concern about the thrift's financial stability.

77. Washington Mutual Shares Continue to Plunge - Friday, September 12, 2008

WASHINGTON (AP) - Shares of Washington Mutual Inc. continued a perilous plunge on Thursday as anxiety grew on Wall Street over the financial stability of the nation's largest thrift and its options for survival.

78. Economy Remains Stuck in Low Gear - Monday, August 25, 2008

NEW YORK - A private sector measure of the economy's health showed the largest drop in a year, and while new jobless claims fell for the second straight week, they remain near the highest levels since 2002. The reports are the latest evidence the languishing American economy remains stuck in low gear.

79. SEC Short-Selling Ban on Fannie, Freddie to End - Thursday, August 14, 2008

WASHINGTON (AP) - A government order expires Tuesday that temporarily banned a certain kind of short-selling of the stocks of mortgage finance companies Fannie Mae and Freddie Mac and 17 large investment banks.

80. Analyst: Lehman Should be Private; Financials Fall - Tuesday, July 15, 2008

NEW YORK (AP) - Investors bailed out of investment bank stocks Monday as concerns about the credit crisis prompted one analyst to call for Lehman Brothers Holdings Inc. to go private.

Financials such as Merrill Lynch & Co. and Morgan Stanley dropped sharply amid more uncertainty about their fate. The most dramatic drop came from Lehman, which tumbled to a 9-year low on fears it does not have enough capital to stay in business.

81. Fed Chief: Gov't Needs More Power When Firms Fail - Friday, July 11, 2008

WASHINGTON (AP) - The nation's top economic officials urged Congress on Thursday to give them new regulatory tools to better protect the country from economic and financial havoc if a major Wall Street firm were to fail.

82. Panic Time For Fannie, Freddie? - Wednesday, July 9, 2008

Fannie Mae and Freddie Mac took another beating Monday, and investors may be wondering if it is time to buy shares in the government-sponsored mortgage buyers.

But perhaps the right question is whether the common equity in Fannie and Freddie will have any value left once the housing crisis is over.

83. Fannie, Freddie Take a Beating – What’s Next? - Tuesday, July 8, 2008

Fannie Mae and Freddie Mac took another beating Monday, and investors may be wondering if it is time to buy shares in the government-sponsored mortgage buyers.

But perhaps the right question is whether the common equity in Fannie and Freddie will have any value left once the housing crisis is done.

84. Investment Houses Pull Back on Emergency Fed Loans - Friday, June 6, 2008

WASHINGTON (AP) - Wall Street companies are scaling back their borrowing from the Federal Reserve's emergency lending program.

A Fed report Thursday says the investment firms averaged $8.26 billion in daily borrowing over the past week. That compared with $12.3 billion the previous week.

85. Midtown Target Closer to Reality, Plans Suggest - Friday, January 4, 2008

A 26.27-acre development plan has been filed for the site at Poplar Avenue and Watkins Street, long expected to be the future home of a new Target retail store.

Minus a definitive answer on the retail giant’s plans for the Midtown development, a proposal filed Thursday with the Memphis and Shelby County Office of Planning and Development shows a major redevelopment in the works.

86. Bear Stearns Treads Lightly in Memphis - Wednesday, August 29, 2007

While its lending rivals such as Countrywide Financial Corp. went on a tear, mortgage lending giant Bear Stearns cooled its heels in the Memphis market.

Year-to-date through Aug. 15, the New York-based financial services company did not grant a single mortgage loan in the Memphis area. That holds true for the same period in 2005 and 2006. By comparison, Countrywide's lending unit has dispensed more than $90 million in Memphis-area loans so far this year, according to real estate information company Chandler Reports, www.chandlerreports.com.

87. Lehman Brothers Closes BNC Mortgage Subsidiary Amid Tumult in Home Lending Market - Thursday, August 23, 2007

NEW YORK (AP) - Lehman Brothers Holdings Inc., the nation's fourth-largest investment bank, said Wednesday it is shuttering its subprime mortgage business because of the turmoil in the home lending industry.

88. Archived Article - Tuesday, May 15, 2007

6525 N. Quail Hollow Road
Memphis, TN 38120
Sale Amount: $17.5 million

Sale Date: April 27, 2007

Buyer: Memphis-NCR LLC

89. Florida Development Co.Buys 76 Midtown Properties - Tuesday, May 8, 2007
     WSG Development Co. of Miami Beach, Fla., has bought nearly 80 parcels in Midtown Memphis through several transactions totaling $11.6 million.
     Under the name WSG Memphis LLC, the compan

90. University Towers ForeclosureEnds With Last-Minute Sale - Friday, April 27, 2007
     The owners of nearly all the units in University Towers Condominiums barely avoided their property's sale at foreclosure by striking an 11th hour deal for its purchase.
     Arlington, Va.-ba

91. Lot of Potential - Monday, March 26, 2007

Editor's note: This is the first in The Daily News' five-part Retail Reinvented series about the past - and future - of the local shopping landscape.

The former site of the iconic Mall of Memphis now lays open and empty, thanks to a demolition more than two years ago of the 1.2 million-square-foot retail center. But that might change within the next year or so as the mall site could begin to resemble the thriving retail center it once was.

92. Bank Foreclosures OnLakeside Downs Apartments - Monday, November 6, 2006
     LaSalle National Bank has begun foreclosure proceedings on Lakeside Downs Apartments on the south side of Raines Road east of Airways Road. A first-run notice of the bank's intent to foreclose appears in the Foreclosures

93. Archived Article - Tuesday, September 26, 2006

300 N. Second St.
Memphis, TN 38105
Loan Amount: $12 million

Loan Date: Aug. 31, 2006

Maturity Date: n/a

94. Holiday Inn-SelectSells For $10 Million - Thursday, September 21, 2006
     Genwood Memphis II LLC has purchased a Holiday Inn-Select at 2240 Democrat Road from Memphis Hotel Owners LP for $10 million.
     The 374-unit hotel has two five-story buildings on 7.6 acre

95. Downtown WyndhamFinanced for $12 Million - Wednesday, September 20, 2006
     Genwood Memphis I LLC has filed a $12 million leasehold mortgage through Lehman Brothers Holdings Inc. for the 230,000-square-foot Wyndham Garden Hotel at 300 N. Second St. A leasehold mortgage is one in which the borrow

96. Archived Article - Tuesday, August 8, 2006

7761 U.S. 64
Memphis, TN 38133
Sale Amount: $17 million

Sale Date: July 7, 2006

Buyer: TENN CMX Owner LLC

97. Archived Article: Real Review - Tuesday, November 6, 2001
Mid-America meets

Mid-America meets

third quarter expectations

Mid-America Apartment Communities Inc. announced funds from operations for the third quarter ended Sept. 30 of $14.3 million, or 70 cents per share. This is in line with recentl...

98. Archived Article: Marketplace Chg - Monday, October 20, 1997
By CAMILLE H Booming returns Strong economy, baby-boomers saving for retirement are factors in strong investment firm earnings By CAMILLE H. GAMBLE The Daily News Investment banking groups across the country are reporting record third and fourth qua...

99. Archived Article: 4-points Hotel Lj - Wednesday, October 30, 1996
lj 10/5 cates "Old Airport Hilton" changes hands, will get facelift By LAURIE JOHNSON The Daily News A hotel near the Memphis International Airport has changed hands, and its new owners are upgrading the 380-unit property to appeal to corp...

100. Archived Article: Real Review Lj - Tuesday, October 29, 1996
lj 10/5 cates Market commentary. Last week, interest rates on 30-year, fixed-rate conventional and government loans remained near unchanged. Last weeks two- and five-year Treasury auctions were met with lackluster response from investors, according ...