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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

 

 

 

King Solomon Lane closed between Ferguson Road and King David. (7/25)

 

Jones Road closed between Butler Market Road and Bennington Lane. (8/18)

 

Round-About Construction:

 

Murphy Road and Parrell Road closed with detours. (9/30)

 

Powell Butte Highway at Neff and Alfalfa Market Roads (8/31)

 
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