Alan Greenspan to Keynote FBR 2006 Investor Conference
Former Federal Reserve Chairman to Share Perspective on Market Trends and the Global Economy
PRNewswire - First Call
Arlington, Virginia

ARLINGTON, Va., Aug. 30 /PRNewswire-FirstCall/ -- Friedman, Billings, Ramsey Group, Inc. (NYSE: FBR) today announced that on Tuesday, November 28th, Alan Greenspan, former Federal Reserve Chairman, will present the keynote speech at 12:30 P.M. EST during its 2006 Investor Conference. The conference will be held at the Grand Hyatt New York on Tuesday, November 28th and Wednesday, November 29th.

Alan Greenspan, the former Federal Reserve Chairman, currently heads Greenspan Associates, a consulting firm in Washington, D.C. Before serving five terms encompassing 18 years as Chairman of the Board of Governors of the Federal Reserve System (1987-2006), Alan Greenspan also served as Chairman of the Federal Open Market Committee. Dr. Greenspan was designated by Presidents Reagan, Bush, Clinton and Bush. He has received the Legion of Honor (Commander) from France, became an honorary Knight Commander of the British Empire and received the Medal of Freedom, the United States' highest civil award.

Companies scheduled to present to investors include more than 180 leading firms from the financial services, real estate, energy and natural resources and diversified industrials sectors.

Attendance at the conference is by invitation only. Investors should contact their FBR representative for more information.

Members of the press are welcome and should contact Lauren Burk at 703-469-1004 or for credentials.

This conference is sponsored by Friedman, Billings, Ramsey & Co., Inc., an operating subsidiary of Friedman, Billings, Ramsey Group, Inc.

Friedman, Billings, Ramsey Group, Inc. provides investment banking*, institutional brokerage*, asset management, and private wealth through its operating subsidiaries and invests in mortgage-related assets and merchant banking opportunities. FBR focuses capital and financial expertise on eight industry sectors: consumer, diversified industrials, energy and natural resources, financial institutions, healthcare, insurance, real estate, and technology, media and telecommunications. FBR is headquartered in the Washington, D.C. metropolitan area with offices in Arlington, Va., Boston, Dallas, Denver, Houston, Irvine, London, New York, Phoenix, San Francisco and Seattle. Friedman, Billings, Ramsey Group, Inc. is the parent company of First NLC Financial Services, Inc., a non-conforming residential mortgage originator headquartered in Deerfield Beach, Florida. For more information, see

*Friedman, Billings, Ramsey & Co., Inc.

SOURCE  Friedman, Billings, Ramsey Group, Inc.
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For further information: Lauren M. Burk of Friedman, Billings, Ramsey Group, Inc., +1-703-469-1004, /Web site: / (FBR) CO: Friedman, Billings, Ramsey Group, Inc.; Friedman, Billings, Ramsey & Co., Inc. ST: Virginia, New York IN: FIN SU: TDS PT-LM -- DCW013 -- 4718 08/30/2006 08:30 EDT