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I will have the Market Report for Gwinnett County in the next day or two, but I thought I would leak a little of the information.
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- Caution: Entering an epinion zone!
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There are so many things going on in the world of finance right now. I know that you are hearing about things like:
Mark to Market
Credit Market Freeze
Derivatives
Sub-Prime Mortgage Meltdown
Mortgage Backed Securities (MBS)And there are a hundred more…
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Yes, it would be one of the catch-lines from “Hitchhiker’s Guide to the Galaxy“, but it could hardly be more appropriate to the situation that we are facing both locally and nationally. And there are two very different situations that we are facing right now…
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My normal haunt for gas during the Atlanta area shortages has been the Lilburn Kroger on Rockbridge at Five Forks.
They still seem to be the place that has gas.
But now they are the place for lines as well. There were 100 people out there today.
I wrote a post earlier this week when there were many [...]
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If you haven’t heard, Washington Mutual (WaMu) is the latest and biggest bank to fail. The had put themselves on the block last week, but many industry folks had been waiting for them to fail for months. They have been carrying a LOT of bad debt and debt that looked like it would go belly [...]