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VOL. 123 | NO. 194 | Friday, October 3, 2008

MAAR Forms Group For Young Brokers

Commercial real estate can be a tough profession at any age, but it’s especially difficult for a young agent breaking into the industry to find his or her footing alongside the established practitioners.

Morrison Targets Fringe Lenders

A freshman member of the Memphis City Council is pushing for new zoning regulations intended to curb the growth of the fringe financial industry in the city and county.

Thain to Remain With BofA After Merrill Deal

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.

Local Weather
Currently
Memphis, TN
49.0°F
Mostly Cloudy
Wind: East at 4.6 mph
Humidity: 69%

EVENTS

The Shelby County Board of Commissioners will hold an Education Summit today at 9 a.m. at the Fogleman Executive Center, 330 Innovation Drive.

more events »

Bush: Lawmakers ‘Must Listen,’ Vote Yes on Rescue Plan

WASHINGTON (AP) – President Bush said Thursday “a lot of people are watching” to see if Congress will enact the $700 billion financial rescue plan he called the best chance to restore calm to the financial industry.

Williams, Child Advocacy Center Give Voice to Children, Family

The workers at the Memphis Child Advocacy Center say to have one child die unnecessarily at the hands of an adult is beyond a travesty.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 92 345 2,680
MORTGAGES 74 340 3,234
FORECLOSURE NOTICES 33 78 555
BUILDING PERMITS 188 810 5,813
BANKRUPTCIES 41 234 2,013
BUSINESS LICENSES 25 116 1,012
UTILITY CONNECTIONS 33 129 1,141
MARRIAGE LICENSES 14 66 409

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The Memphis News: Business, politics, and the public interest.