Early Briefing: Washington Business

Monday is the day we turn the financial section over to news about local business. Here's some of the stories in today's paper:

Eric Billings, chief executive of FBR. (By David Seibert -- Arizona Republic)

* We talk to Eric Billings, chief executive of Arlington investment bank Friedman Billings Ramsey, about his firm's struggles to work its way through the subprime mortgage meltdown. "It was brutal, extraordinarily difficult," he says in this story.

* Sunrise Senior Living prepares for the stormy shareholders meeting in McLean this week. See story.

* What ever happened to the Nextel "chirp?" Staff write Mike Musgrove finds the push-to-talk tweet -- once a familiar sound in Washington's aural landscape -- is not so commonplace anymore. See story.

* Data centers, once abandoned after the dotcom bust, are making a comeback in Northern Virginia. See story.

* In his Federal Diary column, Stephen Barr takes a look at the "next-generation thinking" for the federal employee version of the 401k retirement account -- the thrift savings plan.

* Former Illinois U.S. senator, Peter G. Fitzgerald, launches Chain Bridge Bank in McLean. See story. Meanwhile, some people think there are too many banks in parts of DC. See story.

By Dan Beyers  |  October 15, 2007; 7:23 AM ET
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