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Bob Brinker
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Bob Brinker
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Local News


It was September 15th, 2008 when Lehman filed for bankruptcy, which was the largest in U.S. history.

 

Bend financial advisor Troy Reinarht offers some insight.

 

"Well, I think we've learned or re-learned the bubble of twenty years ago is being created today.  I don't think the same problems will happen, but there are things that can happen.  The bubble gets created and we have a crash."

 

The government stepped in and infused banks with $245 bilion in taxpayer money to prevent a financial meldown.

 

President Obama points to rising housing prices and 35 straight months of job growth as signs of an improving economy.

 

Traffic & Weather

 

 

 

 

Jones Road, full road closure between Bennington Lane and NE Butler Market Road. May 18 – August 18, local access only.
 

 

Orion Drive closed in two locations for sewer work; at the intersection with Avery Lane and between Desert Woods Drive and King Hezekiah Way.  From July 11 to Sept. 6. Detours marked.

 

Valhalla Sewer Relocation Project, Mt. Washington Drive at Shevlin Park Road intersection and North to Regency Street. Nighttime closures with detours marked during roundabout construction. Daytime closures for construction towards Regency Street.    7 p.m. – 7 a.m., July 11 – November.

 
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