» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome > Name & Property Search
Search results for 'Column Financial' | Search again
DeSoto Public Records:16
Shelby Public Records:112
Editorial:100
West Tennessee:2
Middle Tennessee:326
East Tennessee:79
Other:0

You must be a subscriber to see the full results of your search.

Please log in or subscribe below if you are not already a subscriber.

The Daily News subscribers get full access to more than 13 million names and addresses along with powerful search and download features. Get the business leads you need with powerful searches of public records and notices. Download listings into your spreadsheet or database.

Learn more about our services | Search again


Editorial Results (free)

1. Slive’s Influence Stretches Beyond SEC -

What would the NFL be today if Pete Rozelle had never been the league’s commissioner? We might still just be watching pro football on Sunday afternoons.

Rozelle’s name belongs in the same conversation with retiring Southeastern Conference commissioner Mike Slive. Because what Rozelle did for the pro game – pushing the idea of Monday football for but one example – Slive has done for the SEC and college football overall.

2. Indmar Marine Engines Files Expansion Permit -

5400 Old Millington Road
Unincorporated Shelby County
Permit Cost: $2 million

3. Germantown Plaza Sells for $925,000 -

The 14,400-square-foot Germantown Plaza strip retail center at 3695 Riverdale Road in Hickory Hill has sold for the second time in about five months.

4. Yellen to Give Her Outlook as Fed Honeymoon Fades -

WASHINGTON (AP) – Janet Yellen has won credit for guiding the Federal Reserve's first six months of transition from the Ben Bernanke era. Bernanke's Fed had steered the economy through a deep crisis by slashing interest rates and restoring confidence in banks. Yellen has so far carried on his approach with barely a hiccup.

5. LeBron’s Contract: Best Bargain in Sports -

The money can drive you crazy, if you let it. Each day in Memphis we’re reading about “blue flu” and the city’s ongoing financial crisis.

With that as our local backdrop, it’s easy to become disgusted with the LeBron James sweepstakes that sort of looks like a steel cage (no, make that bank vault) death match between glitzy Miami/slick Pat Riley and hardscrabble Cleveland/thin-skinned Dan Gilbert.

6. Life Church Buys Victory Campus for $4.4 Million -

255 N. Highland St.
Memphis, TN 38111
Sale Amount: $4.4 million

Sale Date: May 2, 2014
Buyer: The Life Church of Memphis Inc.
Seller: SignificantPsychology LLC
Loan Amount: $3.8 million
Loan Date: May 2, 2014
Maturity Date: May 5, 2019
Lender: Triumph Bank
Details: The Life Church of Memphis has paid $4.4 million for the former Victory University campus at 255 N. Highland St.

7. Germantown Plaza Sells Following Foreclosure -

The 14,400-square-foot Germantown Plaza strip retail center at 3695 Riverdale Road in Hickory Hill has sold for $1.1 million following a foreclosure.

8. For Love of the Game, Indeed -

“I’ve never been humbled by anything like baseball. And I’ve been humbled more coaching than playing.”  – Jonathan Lyons, former college and minor-league pitcher and now a coach of a 12-and-under competitive team

9. How to Succeed in Fundraising -

Happy New Year! Are you beginning 2014 with your hopes pinned on a bountiful new year? Does your vision of December 2014 include smiling faces as you toast members of your fundraising team, celebrating a year that broke fundraising records? Are you dreaming of fundraising success, or are you planting seeds that can bear fruit this year and for years to come?

10. What Does the Fed Say? -

Ben Bernanke announced a tapering of the Federal Reserve’s asset purchase program from $85 billion to $75 billion at his final FOMC meeting last week, and contrary to pundit fears, the Dow Jones Industrial Average threw him a going away celebration by rallying to new highs. What he said:

11. Developer Buys Land for Somerset Subdivision -

26.3 Acres near Neshoba
And Germantown Roads
Sale Amount: $1.5 million

Sale Date: Oct. 28, 2013
Buyer: Somerset-Exeter GP
Seller: Owen Investments LP
Loan Amount: $2.8 million
Loan Date: Oct. 28, 2013
Maturity Date: Oct. 28, 2016
Lender: Kent Wunderlich
Details: An entity related to Germantown-based developer McNeill Investment Co. has paid $1.5 million for 26.3 acres near the intersection of Germantown and Neshoba roads.

12. Lamar Avenue Storage Facility Sells for $1 Million -

An affiliate of Austin, Texas-based real estate investment firm World Class Capital Group has paid $1 million for the 63,740-square-foot A-AAA Key Mini Storage facility at 3951 Lamar Ave. in Oakhaven.

13. Memphis Financial Experts ‘Not Worried’ About Shutdown -

David Waddell, president and CEO of Memphis-based Waddell & Associates, had a two-word response when asked what financial and economic impact there might be from the current dysfunction in the nation’s capital.

14. Hollins Move Latest In New Grizz Plan -

Lionel Hollins repeatedly said more than he should have. So it is only fitting that the end of Hollins’ tenure as coach of the Memphis Grizzlies was marked by deafening silence from franchise CEO Jason Levien and then, finally, a press release saying the franchise was going to “move in a different direction.”

15. More Tips on Selling the Business -

I’d like to offer a counterpoint to a recent Daily News column that I presented a slanted view of the process used by investors to acquire the business of an entrepreneur (April 19, Selling the Business: Games Buyers Play).

16. Engaging Employees in the Community -

This week, let us extend the Giving Back conversation by exploring ways that a company can provide incentives to encourage employees to volunteer with nonprofits and get more engaged in the community.

17. Wonderstone Worth Wait -

Since writing about magician David Kwong last November, I’ve been waiting for “The Incredible Burt Wonderstone” to come out. David’s listed as one of the film’s two magic consultants at IMDB, though I saw three names in the film’s credits. I enjoyed the film on the day it was released, and now I’m watching the reviews roll in on Rotten Tomatoes.

18. Nothing Too Absurd With These Grizz -

Trade 40 percent of your bench to Cleveland, play the Lakers the next night, and everything will be just fine. The Fakers are so bad they might not beat El Segundo Middle School at their gym.

But so what? Teams that make trades to avoid the luxury tax – small-market beggars – can’t be choosers. So the Grizzlies graciously accept the 106-93 victory, marvel at the 27-14 record and No. 4 spot in the Western Conference standings, and do all they can do to keep it going.

19. Gay Must be Traded Either Now or Later -

The time will come – after this season, if not before the Feb. 21 trade deadline – when moving Rudy Gay will be the only sensible thing for the Grizzlies’ new ownership to do.

Unless you’ve been living in a cave – or The Pyramid – you know that Rudy rumors are rampant. Pick a media outlet – from ESPN to Grantland to USA Today – and you can find any number of possible trade scenarios.

20. Local Students Give Back With Literacy Program -

A lot of people have good ideas that could change the world, or at a little piece of it. But often those ideas never quite turn into action.

Two Memphis University School seniors – basketball player Jonathan Wilfong and football player and wrestler Andrew Renshaw – had just such a good idea. Inspired by “Caddy for a Cure,” in which an individual makes a donation to a charity and in turn gets to caddy for a PGA golfer, they created “Coaching for Literacy – The Assistant Coach Program for Promoting Literacy.”

21. Commercial Advisors Hires Ewen as Controller -

Erika Ewen has joined Cushman & Wakefield/Commercial Advisors Asset Services LLC as controller. Ewen will direct the accounting department in all accounting functions and financial reporting of Commercial Advisors Asset Services as well as all property management clients.

22. Lender Buys MIAC for $14.3 Million -

Memphis International Airport Center sold back to the lender for $14.3 million Wednesday, Oct. 31, on the Shelby County Courthouse steps following a foreclosure.

CSMC 2007-C1 Air Center LLC bought the nine-building, 1.1 million-square-foot industrial portfolio from substitute trustee Harris P. Quinn, shareholder with Prochaska Thompson Quinn & Ferraro P.C. The lender was the only bidder at the sale.

23. Lender Buys MIAC for $14.3M -

Memphis International Airport Center sold back to the lender for $14.3 million Wednesday, Oct. 31, on the Shelby County Courthouse steps following a foreclosure.

CSMC 2007-C1 Air Center LLC bought the nine-building, 1.1 million-square-foot industrial portfolio from substitute trustee Harris P. Quinn, shareholder with Prochaska Thompson Quinn & Ferraro P.C. The lender was the only bidder at the sale.

24. Lender Buys MIAC for $14.3M -

Memphis International Airport Center sold back to the lender for $14.3 million Wednesday, Oct. 31, on the Shelby County Courthouse steps following a foreclosure.

CSMC 2007-C1 Air Center LLC bought the nine-building, 1.1 million-square-foot industrial portfolio from substitute trustee Harris P. Quinn, shareholder with Prochaska Thompson Quinn & Ferraro P.C. The lender was the only bidder at the sale.

25. Be Realistic in Fundraising Forecast -

Part two of a two-part series. How do you report that your nonprofit has not met its fundraising goal? Do you extend your campaign? Lay off employees? Close programs? Do more with less? Do you simply stop talking about the campaign and hope no one will ask about it?

26. Readers Have Their Say -

Viewer mail continues at a record pace. I love it! Phil Newman wrote, “Enjoyed your ‘Check please’ column in the Nashville Ledger, but would submit that you left out one of the most famous usages of the phrase. In “Dumb & Dumber,” after Harry and Lloyd kill the bad guy accidentally by slipping peppers into his burger, Jim Carrey raises his head from the chest of the bad guy and says, ‘Check, please!’ Perfect line and timing.”

27. TDN Seminar to Address Range of Economic Topics -

In Shelby County Trustee David Lenoir’s opinion, too many people have been “ingrained” with the notion that government is always the solution to community problems.

28. Lamar Crossing Apts. Changes Owners Again -

2881 Lamar Ave.
Memphis, TN 38114
Loan Amount: $3.5 million

Loan Date: Oct. 7, 2011
Maturity Date: n/a
Borrower: Lamar Apartments LP
Lender: Nessko TN LLC

29. NYT Editor: Financial Crisis is Human Failure -

The only applause line Gretchen Morgenson got during her presentation to the Economic Club of Memphis came during a question-and-answer session at the end.

Morgenson, a columnist and assistant business editor for The New York Times, spoke to the club Thursday, Nov. 17, in the Tower Room atop Clark Tower. She’s recently published a book on the financial crisis, “Reckless Endangerment: How Outsized Ambition, Greed and Corruption Led to Economic Armageddon.”

30. Somerset Park Apartments Sell for $1.1 Million -

3425 Winchester Park Drive
Memphis, TN 38118
Sale Amount: $1.1 Million

31. Financial Health for Nonprofits – Part 3 -

Part three of a four-part series. Fundraising and budgeting have people and money at their core. In this series we have been talking with Carol Cantwell, founder of Fun with Financials about budgeting and nonprofit organizations. Carol has a degree in economics and has worked with nonprofit organizations in the area of financial management for 19 years. She also has a sense of humor – a must in these times!

32. Florida Company Buys Oakhaven Apartments -

A Hollywood, Fla.-based entity called Investments Australia LLC has bought the 496-unit Somerset Park Apartment Homes in Oakhaven for $1.1 million.

33. Financial Health For Nonprofits – Part 2 -

Part two of a four-part series Financial health is a must for nonprofit organizations. If your organization wants to build toward financial health, this series is for you. In part one, we talked with Carol Cantwell, founder of Fun with Financials, about the challenges facing nonprofits and suggestions on addressing these.

34. Corporations Critical To Community Success -

Last week we showcased three University of Memphis programs that offer your business tremendous partnership and growth opportunities. This week, as we officially mark our one-year anniversary with this column, let us examine the growing desire from consumers for companies to be engaged and committed to the success of our community.

35. NYC Investor Jones Recalls Memphis Roots -

Decades before he worked his way to the top of the financial world as a billionaire hedge fund manager and influential market guru, Paul Tudor Jones had an early affinity for the newspaper business.

36. Preparing for New ‘Bottom Line’ on Leases -

Part two of a two-part column. In part one of this two-part column, I shared with you that the Financial Accounting Standards Board (FASB) is in the processing of revising guidelines related to the accounting of leases, effectively eliminating the concept of an off-balance sheet operating lease. While the new guidelines aren’t yet finalized, these changes are likely to impact – in some way – almost any business that currently has operating leases. In this second part of the column, I’ll talk more about the potential impact and how to prepare for it.

37. Nonprofit Sector has Economic Impact -

This column is written for people who work in fundraising for nonprofit organizations or institutions. That means hospitals, colleges, the opera, job training programs, after-school programs, food banks, sports teams, charter schools, museums, senior centers, research institutes and more.

38. Intellectual Property: All in Your Head -

There is good news, and bad news, for businesses seeking revenue from intellectual property assets.

The good news is that intellectual property typically originates and resides in the minds of your people. This means that it often requires little capital investment to create.

39. New “Bottom Line” on Lease Accounting -

Part one of a two-part series. Does your company lease space or equipment for its operations? If so, and you aren’t already familiar with planned changes in the accounting treatment of leases, then you should take the time to read this column.

40. Daily News Garners Eight TPA Awards -

The Daily News and sister publication The Memphis News won eight honors in the University of Tennessee-Tennessee Press Association awards announced Friday, July 15, at the annual TPA convention in Nashville.

41. Commercial Appeal Plans Move to Paid Model -

The E.W. Scripps Co. told shareholders in its most recent annual report that “we are undergoing a significant restructuring in our newspaper business.”

42. Daily News Collects Five Reporting Awards -

The Daily News won five awards during the 2011 Tennessee Associated Press Managing Editors contest, including three first-place finishes and a sweep of the business news category.

The ceremony, a combined presentation with the Tennessee AP Broadcasters, was held Saturday at the Sheraton Downtown Nashville. The Daily News competed in Division IV for daily newspapers with a circulation of under 10,000.

43. Interim Directors Need Skills -

This is third in a three-part series. In part one of this series, we discussed when an organization might need to hire an interim executive director. Part two continued with a discussion of how an interim director can serve as a caretaker for an organization and at other times as a change agent. This column completes the series with a discussion of the experience an interim director should bring to an organization in the midst of change.

44. Time for a Call to Action -

Part two of a two-part series
Part one of this series introduced “friendraisers” and fundraisers. This column focuses on how to close these events and the critically important “call to action.” When closing a friendraiser the call should be delivered by the host, a major donor or someone who has been impacted by your organization. She should inform guests of upcoming events and ways they can become involved. For example: “Thank you for joining me this evening. I look forward to seeing you at future events and ask that you call on your elected representatives to let them know where you stand on this important issue. Be sure to sign our mailing list and we will keep you posted as we move through this process.”

45. Adding Joy To Your World While in The Workplace -

For several days I’ve been working on a column that was absolutely weighty with important scientific business information. The more I worked on it, the heavier it got – and the more mind-numbing.

46. Structuring Integral Items In Proposals -

Part two of a two-part series

Part one of this series discussed types of grants that are available and how to identify a prospective funder. This column guides you through the process of structuring your proposal. The following are key elements to include.

47. Elementary, My Dear -

I started this column as yet another “Who am I?” But ulterior motive did me in. I’ve a story to tell. Be assured I’ve not told this here before. First, let me acknowledge “The Straight Dope,” by Cecil Adams, the source of some of the material herein. I love its tagline: “Fighting Ignorance Since 1973 (It’s taking longer than we thought).”

48. How to Prepare for a Change at the Top -

Part Two of a Two-Part Series

Change is a part of all of our lives, and that’s true for organizations as well. In this column we share part two of our conversation with Byron Johnson, senior project director at CompassPoint Nonprofit Services on the topic of succession planning. Part one discussed the need for an emergency succession plan. This column discusses departure-defined succession planning, that is, when an organization knows in advance that the executive director or CEO intends to leave.

49. Shed Fear and Shine -

It’s interesting that the movie “Wall Street: Money Never Sleeps” pops us just when trust in the workplace may be at low ebb. In 1987, Michael Douglas introduced us to the inimitable villain Gordon Gekko, whose greed and unethical actions mirror some true story lowlifes. He’s back.

50. Chamber Breakfast to Help Businesses ‘Revive and Thrive’ -

Jane Applegate, the leading speaker for Bloomberg Television’s “Financial Forum” speaker series, will discuss growth strategies for small businesses at the Greater Memphis Chamber’s first Small Business Council Breakfast of 2011.

51. Let Diverse Opinions Rule -

The recent column “Becoming the Transparent Leader” sparked a number of comments from like-minded individuals who believe businesses benefit from employees understanding their company’s financial ins and outs.

52. As Calendar Turns to New Year, Recipe for Success Unchanged -

It takes a particular poverty of the imagination to quote the opening of “A Tale of Two Cities” every time one writes a story summing up a year, and yet 2010 truly does seem as if it were “the best of times and the worst of times” in the local restaurant business.

53. Introducing FUNdraising Good Times -

Welcome to FUNdraising Good Times. This is your place for how-to information on the often mysterious topic of fundraising.

FUNdraising Good Times is written for those who manage, work for or provide volunteer leadership for nonprofit organizations and institutions. The column is designed to help you and the organizations and institutions you believe in attract and retain resources and leadership needed for success.

54. Boomers – Rebels With a Cause -

How are you marketing to the generation that represents nearly 30 percent of the U.S. population and a whopping 80 percent of personal financial assets?

In this final column in a three-part series on generational marketing, we look at our nation’s largest generation – baby boomers – named for the post-WWII boom in births.

55. X Marks the Spot -

As a member of Generation X, I can appreciate why our generation is characterized as having a survivor mentality. In this second column in a three-part series on generational marketing, we look at the collective experiences that shape the way Gen Xers think, believe, buy, and ultimately, how to market most effectively to them.

56. Gardenwood Apartments Fetch $2.9M From NY Buyer -

New York-based Besyata Corp. has paid $2.9 million for the 152-unit Gardenwood Apartments at 4795 Hoover Drive in Raleigh.

57. More Advice Coming Soon -

Welcome to the first in a series of my Worldly Investor columns. Those of you who know me may know that I have a lighter side (I hope it surfaces from time to time in the column), but when it comes to asset management and macroeconomics, I am all business.

58. UPDATE: Harold Ford Jr.'s New York Times Op-Ed -

Former Memphis Congressman Harold Ford Jr. will not run for the U.S. Senate from New York.

He explained his reasons in an op-ed piece in today's New York Times.

Here is the column in its entirety from the New York Times:

59. Buena Vista Apartments in Frayser Foreclosed, Sold to Atlanta Company -

3431 N. Trezevant St.
Memphis, TN 38127
Sale Amount: $1.3 Million

Sale Date: Jan. 12, 2010
Buyer: Tritex Real Estate Advisors Inc.
Seller: Emily Bowman, successor trustee

60. Somerset Park Sells For $2.1M After Foreclosure -

The 496-unit Somerset Park Apartment Homes on Winchester Road in the Oakhaven/Parkway Village area sold on the steps of the Shelby County Courthouse last month for $2.1 million following a foreclosure. The sprawling multifamily complex is comprised of four parcels – 3443 and 3474 Winchester Road, 3649 Lake Park Drive and 6431 Arrowbrook.

61. New York Company Buys 158-Unit Greenview Estates in Raleigh -

4650 Hedges Drive
Memphis, TN 38128
Sale Amount: $3 Million

Sale Date: Dec. 17, 2009
Buyer: Greenview Estates LLC
Seller: Greenview Townhomes LLC
Loan Amount: $2.1 million
Loan Date: Dec. 17, 2009
Maturity Date: N/A
Lender: Bloomfield Institutional Opportunity Fund LLC

62. Gramercy Park Townhomes Sell for $3.3M -

Gramercy Apartments LLC has purchased for $3.3 million the Gramercy Park Townhomes at 6405 Gillespie Road in Memphis. The seller was Gramercy Ventures LLC, an apparently related entity. Gramercy Apartments LLC was formed Dec. 17, just three days before the sale closed.

63. Louisiana Investor Buys Arlington Retail Center -

6050 Air Line Road
Arlington, TN 38002
Sale Amount: $1.8 Million

Sale Date: Sept. 2, 2009
Buyer: Southeast Investments LLC
Seller: Pleasant Place LLC, Waymon H. Welch, Danya Welch, Dawn Welch, Jon E. McCreery, Phillip Chamberlain

64. Foreclosed Gardenwood Sells for $2.4 Million -

The Gardenwood apartment complex at 4795 Hoover Drive in Raleigh was sold in a successor trustees’ sale Sept. 2 for $2.4 million following a foreclosure. The buyer was the lender, Bank of America NA, which bought the 139,096-square-foot property on the Shelby County Courthouse steps out of foreclosure.

65. US Thrifts Earn $4M in Q2 -

WASHINGTON (AP) – U.S. thrifts eked out a $4 million profit in the second quarter, but the number of troubled institutions continued to rise, the government reported Wednesday.

The Office of Thrift Supervision said the small profit in the April-June period marked the industry's first positive earnings since the third quarter of 2007. It compared to a loss of $5.4 billion in the year-ago period, and $1.62 billion in the first quarter of this year.

66. Raleigh Apartments For Sale After Foreclosure -

The Gardenwood Apartments at 4795 Hoover Drive in Raleigh will be sold in a substitute trustees’ sale following a foreclosure of the property, according to a notice on Page 40 of today’s edition of The Daily News and also at The Daily News Online, www.memphisdailynews.com.

67. Decaying Heritage: Historic preservation reaches ‘tipping point’ -

Historic Memphis is rotting faster than the deteriorating economy.

Tight credit markets, long foreclosure lists, frequent mortgage flipping and financially struggling property owners have proven to be bigger threats to the city’s landmark structures than bulldozers. Demolition by neglect is rampant, and preservation leaders don’t yet know what to do about it.

68. Deadline: What it's Really Like Inside the City's Big Daily - EDITOR’S NOTE: Bill Dries was a reporter at The Commercial Appeal from June 1997-October 2005. This story is based in part on his experiences there and more recent conversations with other CA staffers.

The fall evening six years ago when Chris Peck became the editor of The Commercial Appeal was treated with utmost secrecy inside the newspaper at 495 Union Ave.

Then-publisher John Wilcox was determined to prevent leaks of that night’s decision to any other media outlets. So not only would the choice be a secret to those outside the building, but inside as well.

Then-Metro editor Charles Bernsen camped out in his small office at one end of the newsroom with the blinds drawn across its large window. He emerged just before the regular 11 p.m. deadline to tell editors on the copy desk he was sending the story, written from home by a trusted reporter.

The article by Tom Charlier in the Oct. 9, 2002, edition described Peck as “a veteran journalist who built a national reputation for innovative leadership and unblinking coverage of difficult topics” as the editor of The Spokesman-Review newspaper in Spokane, Wash.

Otis Sanford, the CA’s deputy managing editor and the other finalist for the top job, was promoted to managing editor. It was the first of many changes in the past six years to the newspaper’s masthead, where its top leaders are listed.

New era dawns

Peck arrived in Memphis shortly after the article and, although he would officially take over in January after Angus McEachran’s retirement, there was a great deal of anticipation – and, uncharacteristically for a floor full of reporters – not much background checking on Peck.

Before selecting Peck, executives of the CA’s parent company, the E.W. Scripps Co., had set up a committee of CA employees and solicited their opinions on what they wanted to see in the next editor. Many said they wanted a new direction at the newspaper.

Peck came to Memphis from a short stint as the Belo Distinguished Chair in Journalism at Southern Methodist University in Dallas. He had served as editor at the Spokane Spokesman-Review just prior to the academic post.

Peck left that paper on the heels of a journalism controversy that got little play outside the Northwest and continued to linger as recently as two years ago. It concerned financing for a large public project involving the newspaper’s owners.

Meanwhile, hopes were high among some CA staff members that Peck would change the dysfunctional management style at the paper. Others believed no creative undertaking the size of a newspaper is possible without some level of dysfunction. And still others were leery about any optimistic assessment for any reason.

Bernsen was among the first to leave the CA after Peck’s hire. Louis Graham, who had been expected to head the Metro desk even if Sanford became the new top editor, replaced Bernsen.

Six years later, departing and current staffers describe the CA’s management style and newsroom atmosphere as “toxic.” They also complain that little has changed in terms of who runs the newspaper on a daily basis despite a frequent shuffling of the management chart.

None would talk with The Memphis News on the record for fear of reprisals. Even past staffers didn’t want their names used because of the prospect of doing freelance work for the newspaper. Those still in the newsroom and on the payroll wouldn’t talk on company phones.

Profits and losses

What ails The Commercial Appeal has a lot to do with what ails the newspaper industry in general these days. But that’s a black-and-white version that misses large colorful splotches unique to the institution.

Decisions made during the past six years to pursue a growth strategy targeting “suburban” readers, as well as longstanding practices for managing talent, have also helped bring the newspaper to where it is today.

Managers at the newspaper, in separate interviews with The Memphis News, insist it is stable, profitable and will remain a seven-day-a-week operation despite recent moves that severely cut the reporting staff, eliminated classified ads from the already thin Monday and Tuesday print editions and an admission that the newspaper probably won’t be covering less urgent topics in the future.

Asked if the demise of classified ad sections in the Monday and Tuesday editions could be a sign that the Monday and Tuesday print editions might vanish entirely, publisher Joe Pepe was unequivocal.

“No. That’s not going to happen, at least under my tenure here,” Pepe said. “A lot of the transactional classified business is done online anyway. Everything that you see in the paper every day of the week is also online. So putting the Monday and Tuesday (classifieds) online was essentially just a way for us to save on some newsprint costs while not taking away from the advertising.”

The CA is profitable, Peck and Pepe insist, although they won’t release any numbers.

“We’ve projected a profit for 2009,” Peck said. “We were profitable in 2008. So, I fully expect we’ll be profitable in 2009.”

Pepe responded, “Absolutely,” when asked if the CA is profitable. When asked if he would be more specific, he replied, “No. Good try.”

Doing less with fewer

The newspaper is not alone in its reluctance to give out specific financial data. Most businesses consider such information to be proprietary.

The optimistic assessment is in contrast to a letter subscribers got this month from Karl D. Wurzbach, vice president of circulation, saying subscription rates would go up by $2 a month effective Nov. 1.

“This is the only way we can continue to deliver to your home every day,” he wrote. “This increase is across the board, for everybody, with no exclusions.”

Wurzbach’s letter also noted that the CA had dropped home delivery to 11,600 subscribers in outlying areas during a five-month period. The weekday newsstand price had already increased from 50 cents to 75 cents.

“It was costing us more money to print and deliver than we earned in revenue,” he said in the letter. “No company can survive using that business model. … Simply put, we are making very difficult decisions to help our business survive.”

Both moves in the appearance and delivery of the paper came in the week after 20 reporters and editors faced the ultimate “difficult decision.”

The newspaper made the decision of whom to fire using a controversial system that ranks reporters in the particular section of the paper they work for. The key to the ranking is not reporting ability or even a byline count; it’s how a reporter gets along with his or her editor. It had already been a key to longevity at the CA before Peck arrived in Memphis and made it a formal part of employee evaluations.

“You have to grieve those who are no longer with us in a genuine way because they were great contributions,” Peck said. “But you really at that point also have to rather quickly turn your attention to the task at hand. That’s what we’re trying to do.”

But the veteran employees “grieved” by management are the same employees management had ranked as the least valuable in their respective departments.

That included Jimmie Covington, the longest-serving reporter at the paper until his dismissal in March after years of being shuffled from one suburban bureau to another. Covington was a veteran of the county government and Memphis City Schools beats.

The layoffs also included Frederic Koeppel and Christopher Blank, who provided much of the newspaper’s arts coverage and who apparently won’t be replaced with full-time reporters.

There’s now no mention of the “master narratives” Peck once included in his “blueprint” for the CA. They included long-form stories on race, the city’s musical heritage, barbecue and the river. It was to be a departure from the newspaper being what Peck referred to as a “news utility,” or all-purpose paper of record.

“What we have to do is prioritize our staff resources,” Peck said just weeks after 20 people in the CA newsroom either resigned or were fired in the latest series of cutbacks – the deepest to date for the editorial staff. “I think where that’s going to lead is making sure that we have the nuts and bolts of hard news coverage. That’s probably police reporting, court reporting, government reporting, school reporting. We want to make sure we’ve got those bases covered.”

Whatever is left of a full-time reporting staff will be devoted to issues and institutions such as FedEx, the University of Memphis Tigers basketball team, the Memphis Grizzlies, the economy and the medical center.

“If we run out of people at that point, then we’re going to turn to freelancers and more community-generated content,” Peck said. “I think we’ll be able to fill a lot of holes there if we need to and I think it will work out fine.”

Wanted: free (or reduced) labor

Pepe offered a basic definition of citizen journalism.

“All blogging is citizen journalism,” he told The Memphis News. “In a lot of cases it’s unsubstantiated. It’s not objective. It’s not edited content. It leans more toward opinion and subjectivity. Anytime we have citizen journalism, it’s still going to get edited. It’s still going to get verified. It’s going to get checked for facts before we post it. We apply the same rules to citizen-sponsored journalism as we do to our top line reporter.”

Sanford said citizen journalism “has its place” and has been discussed since the early 1990s. It shows up in the pages he governs in the form of opinion pieces and letters to the editor. Non-newspaper employees also serve on the CA’s editorial board.

“Now, I am a traditional, old-fashioned journalist,” Sanford said. “And I believe that while citizen journalism has its place, I’m not one – and maybe this is an old-fashioned view – but I’m not one to think that citizen journalism can ever take the place of the traditional journalism that I know and love. I just don’t believe that.”

The names of reporters and photographers cut in the most recent round of layoffs are already turning up in CA coverage as freelancers. Instead of a straight name with “The Commercial Appeal” below it, their names now appear with the phrase “special to The Commercial Appeal” and, of course, they receive no health benefits or regular paychecks from the newspaper.

Worldwide wakeup call

Before Peck’s arrival in Memphis, the CA was more than out of touch with the need for an Internet presence. The newspaper was hostile to such a move.

Posting a story on the Web site that was anything more than a teaser paragraph before the actual newspapers rolled of the presses and into delivery trucks was seen as handing the story to the competition.

It was a philosophy that had served the newspaper well in competing with television news, even with the rise of 24-hour cable news channels.

However, there have been consequences for being late to the Internet party, and financial consequences for not taking the Internet seriously.

“Right now all the revenue is generated off advertising,” Pepe said of print journalism’s gradual realization that it needed to be in the Web business as well. “Until search engines are firewalled – until all local media either together or individually start charging for content online – it’s going to continue to be a source of non-revenue in terms of content. That then means that revenue for all Internet ventures will be based on advertising.”

After Peck arrived, the move to unique content for the Web site was still slow in coming.

Editors exerted the same multi-tiered control over copy that might mean a story was not edited for Web or print until later in the day, closer to the print deadline.

Scraps often erupted over how copy was edited after it left the editors and went to the “new media” department. It might be a change in a few words or a new, snappier lead (first sentence), but some editors clearly didn’t like having their work changed as much as they might have imagined reporters liked having their work rearranged.

Reporters are expected to take such changes without protest, and protests are rare even when edits distort meaning. Reporters can always fall back on the excuse that the story got messed up after it was out of their hands.

But that brings into play another rule for newsroom survival – always, always make a hard copy of the story you turn in to your editor.

The anonymity of snark

The comments section on www.commercialappeal.com, where readers may post their thoughts at the bottom of stories, has been wildly successful if you look just at the number of comments some stories generate in a short amount of time.

But success isn’t the word that comes to mind if you start to read the comments on a regular basis.

They routinely crackle with racial tension and even racial slurs. When some staffers complained about the slurs and called for better policing of such comments, Peck reportedly asked for a list of what slurs should be considered cause for removing comments.

Sanford had a different take in March as he spoke at a University of Memphis panel discussion about race and the media.

“Please stop reading those comments,” Sanford told a crowd of 100 people on campus. “You’ve got … anonymous people who go on our stories … and make unbelievably goofy and stupid comments. And then that becomes, unfortunately, the reality. And we have to stop that. We can’t stop the comments because the Web people have told us, ‘Well, that’s how you get people in there.’ But please don’t listen to that.”

To civic groups and even individual citizens who contact the paper with complaints and concerns, Sanford is its face, voice and ears. When the CA participates in media forums, chances are the speaker will be Sanford.

For the past two years, Sanford has been in charge of the paper’s editorial board and Viewpoint section. It’s a position that evolved after editorial page editor David Kushma’s departure, when Kushma’s duties came to be included in Sanford’s.

“That just didn’t work right,” Sanford told The Memphis News. “We had a lot of discussions about this. Corporate was even involved in it. We agreed that the editorial pages, Viewpoint, the editorial board – we would sort of restructure the newsroom operation and the editorial board and the editorial opinions of the paper so that would fall directly under the publisher and I would be running that. I think that was a good thing to do.”

That means that Sanford works for Pepe, not Peck, as he did when he was managing editor.

Gum-popping good times

Peck met with each reporter in his office shortly after he arrived in Memphis. He appeared to be taking notes on a legal pad as he listened to their comments and suggestions.

However, trying to find Peck’s strategy over the years has been no simple matter. There wasn’t much beyond slogans that included “rebuilding the jet while flying it” or “building a 21st century newspaper.” The latter phrase was still being used six years into the new century.

One reporter who tried to get into Peck’s head in terms of management philosophy hit a brick wall with a thud, although he is still employed at the CA.

On that occasion, Peck was in no mood to discuss philosophy despite a casual-sounding e-mail asking if the reporter had a few minutes to talk. Instead of a dialogue, Peck gave the reporter $50 in cash and a list of books he could buy to read. He also sent the reporter back to the night cops beat for objecting to how a story was edited.

The editorial page and op-ed page were the first parts of the paper that changed. Peck wanted more letters to the editor. He also wanted to stop the practice of rigorously fact-checking letters.

This drew dissent from Kushma, who was eventually overruled and left in the first round of buyouts in 2003 that followed Peck’s arrival. Some of the other changes were in the Metro section – the hard news engine of the paper.

Reporters were switched around, which is a normal part of life at the city’s daily newspaper unless you are declared immune from such changes. The six or seven Metro editors were immune for the most part from the changes.

The newspaper’s home office in Cincinnati had long maintained that the paper was top heavy with such editors. Peck talked a lot about change, but didn’t change that.

At one of Peck’s first meetings with the Metro staff, a reporter asked Peck when there would be changes for the editors as well. Peck’s answer was to talk about Dentyne gum and how the company that makes it had allegedly improved its sales figures by repackaging the gum.

The analogy was that the CA was going to undergo a similar repackaging: What was under the wrapper would remain the same.

For weeks after the meeting, fellow reporters left numerous packages of Dentyne on the questioner’s desk.

Before Peck answered the question, some staffers remained hopeful because they saw most of the problems with the new management as a result of Peck having to answer to John Wilcox, the CA’s publisher. It was a key difference in the management structure.

Before Wilcox’s arrival, McEachran had served as editor and president – a title that gave McEachran near absolute power over everything the newspaper did, editorially and otherwise.

The Dentyne story showed that if there was a struggle between Wilcox and Peck, it wasn’t much of a difference of opinion. They essentially agreed on a newsroom strategy that continued to unfold.

Neighborly gestures

Of those at the top of the masthead, only Sanford has seen all of the changes unfold from one regime to the other.

“In terms of news, certainly the newspaper has changed dramatically under Chris,” Sanford told The Memphis News. “There have been significant changes in focus and really in newsroom culture.”

Asked to characterize whether the change has been good, bad or indifferent, Sanford said, “I’m not going to say. I’m going to let others decide that. The readers can determine that.”

Peck’s take on newsroom culture at the CA is almost as neutral.

“The culture is not one where people are necessarily beaming with big smiles every day because it’s a difficult time in the industry,” he told The Memphis News. “I think that I have tried to be very realistic with people with what’s going on in the business – and very realistic about our expectations of what we need from our staff, from my office all the way down to the last person who leaves at night.”

The Neighbors sections were abolished with Peck’s settling in – sections included every Thursday for each zone of the city that also contained honors rolls of all schools in and out of the zone, and other such listings. It had the kind of items that readers might like to cut out and post on their refrigerators. No matter where you lived in Memphis, you got a Neighbors section.

Peck wasted no time in making the refrigerator postings a rallying cry for what was to replace Neighbors. They would be hyper-local sections that would contain only news about that part of the county. Some would be written by a staffer, but most often written by citizens in that area. Often, the citizens were members of a group or organization that was the focus of the piece.

Soon the philosophy began to apply to the news that appeared in other parts of the particular delivery zone.

Not every section of the city got a suburban edition. Vast sections of North and South Memphis as well as Frayser and Raleigh were out of the loop.

Peck first pleaded ignorance to and has since repeatedly denied a central tenet of life in Memphis. Memphians often have family that might live in another part of town. Thus someone Downtown might want to see the honor roll of Tara Oaks Elementary School in Collierville or someone in Bartlett might be interested in what is happening in Arlington.

This often led to readers wondering what they missed in other parts of the city, and being suspicious of only receiving certain news.

New suburban bureaus were opened as full-time postings in Mississippi and Arkansas and state Capitol coverage from Jackson and Little Rock, respectively, was abandoned. Meanwhile, the newspaper’s greatest success in a suburban edition was being changed to make it fit the cookie-cutter mold of the new suburban bureaus.

Escape hatch

The newspaper’s DeSoto County edition opened late in McEachran’s tenure. It was one of the few times McEachran talked about marketing studies as he explained a concept to the newsroom. But it was because the data were clear.

DeSoto County readers wanted a newspaper that covered North Mississippi and did not mention Memphis, at least on the front page. The DeSoto County bureau had a separate sales and management staff. And the CA edition delivered in DeSoto County had its own front page that was DeSoto County-centric. It was even called The DeSoto Appeal. And it was a hit out of the box, with plans to duplicate the model in Tipton County while maintaining a different model within Shelby County because of the differences in attitudes clearly shown in the marketing study.

Peck wasn’t interested in the distinction.

When Pepe arrived as publisher in late 2005, the CA got someone with experience in such suburban editions. Pepe came to Memphis from St. Louis, where he headed the Suburban Journals – a collection of 38 weekly community newspapers.

Pepe said the CA’s suburban business strategy as modified several times over has worked. That strategy is to get advertising from small businesses in the community receiving the directed section – businesses whose reach and revenue can’t sustain a pitch to the paper’s larger audience.

“In St. Louis, they’ve been in place for 50 years,” Pepe said. “So they were humming. Here, we’ve had them in place for three or four years. I would suggest that if we’d not done this, that we would have even greater financial problems, only because the dependency on the larger advertisers would have been even greater than it is.”

“Zoning,” as it’s called, is now a three-day-a-week proposition.

“We still do zoning Wednesday, Friday and Sunday. We have a suburban, urban and a DeSoto zone. I think that’s where we need to be,” Peck said. “What we’re trying to do is balance the best of both worlds. Make sure our readers have the best of what’s going on in greater Memphis, but that we also provide a degree of zone content that is either geared toward the metro area, the suburbs or DeSoto County.”

But the practice has been much different than the theory behind the advertising and the needs of news consumers. As valued as the suburban coverage has been throughout Peck’s tenure, the bureaus have been places where reporters with troublesome attitudes toward editors have been exiled.

It was the next destination for many of those summoned for personal meetings with Peck as the first round of buyouts began in late 2003. In some cases, reporters have welcomed the assignment to be able to get out of the Downtown newsroom.

In the doghouse

The first round of buyouts under Peck in 2003 was brutal – even more ham-handed and graceless than anyone imagined possible. And the CA is not an organization noted for having an optimistic outlook.

All employees who were older than 40 and had been at the company 20 years or more got packets outlining the terms of the buyout. But within that group, Peck singled out about a dozen copy editors, reporters and photographers, including some of the most senior reporters and photographers in the organization. He had already begun discussions with several in the group who had been ill or had surgery.

Each got an e-mail from Peck asking if they had a few minutes to talk in his office. Peck would later quarrel with an assertion that he had threatened those in the group in the one-on-one talks. But he did tell each of them that if they didn’t take the buyout, they would be assigned more onerous duties.

One was told that if he didn’t take the buyout, he would be working nights and weekends. When the employee said he already worked nights and weekends, the meeting ended abruptly. A features reporter and another reporter each were told they would be working the night cops beat if they didn’t accept the buyouts.

The night shift started at 4:30 p.m. and ran until 1 a.m. or so. It involved listening to a police scanner and checking for such news that had to be written on deadline. The night cops reporter is the only news reporter on duty at the paper after 5p.m. unless there’s a late City Council meeting or someone on dayside decides they are on a roll and continues working.

Most papers have the night cops beat, and it is usually where beginning reporters start. It’s a good way to learn the basics of print reporting and determine whether a reporter can hold up under deadline pressure. At the CA, it is a beat assigned to reporters who are out of favor – firmly, decisively and usually terminally out of favor.

Under Peck, even summer interns don’t have to work night cops.

The Newspaper Guild, the union that represents reporters, photographers and copy editors, took the unusual move of passing a resolution that complained about Peck’s singling out employees. The same day the union passed the resolution, Peck called into his office the reporter who had made the proposal. I was that employee.

“I would really like for this not to find its way to Cincinnati,” was his reaction after he quarreled over whether his other talks with employees had amounted to threats.

The guild membership had voted unanimously for the resolution to be sent to Scripps management in Cincinnati. Peck later talked union leaders out of sending it, despite the membership vote.

Some of the squeezed employees took the buyout. Others stayed and were shuffled out to the suburban bureaus the following August, and were among those laid off this past March.

‘Treacherous ground’

The guild’s idea of a protest was to have reporters in the newsroom wear green on certain days of the week. This signaled that contract negotiations weren’t going well or weren’t going at all.

It’s been six years since the last labor contract expired that included guaranteed annual raises. Then the guild went to the idea of wearing green buttons – no words on the buttons, just green buttons that Scripps brass in town would see during their visits to Memphis. The brass never got near the newsroom. Still later, the guild kept the idea of the green color scheme but added the wording “We All Merit A Raise” to protest the company’s proposal of merit pay raises instead of a percentage raise guaranteed in the contract.

At one point, the guild was optimistic that the company was getting the message. So the guild urged members not to file grievances against management to keep the goodwill going.

In October 2007, the most visible sign of dissent in years came outside the framework of the guild and stalled contract talks. As the CA prepared to publish a series of articles on the impact of Memphis businesses around the world, a lead piece about FedEx to be sponsored by FedEx was ordered rewritten and the reporter, Trevor Aaronson, refused. The newspaper had approached FedEx about sponsoring that particular piece. Dozens of staff members, in a rare public move, signed a petition objecting to the practice Peck referred to as “monetizing content.” They felt it crossed the line separating the editorial part of the newspaper from sales. National trade magazines and blogs, which normally overlook the CA, took note of the flap.

Peck retreated, telling Editor & Publisher, a print trade magazine, “I went to our publisher and said, ‘We have probably gone half a step more than we should have gone on this project.’ It is treacherous ground when you start talking about having an advertiser in a section that has them in the reporting.”

Aaronson later left the CA, but has been quoted as saying he enjoyed the freedom he was given to pursue his own interests.

“I don’t care to talk about my experiences there,” Aaronson wrote in an e-mail.

The favored few

The stage for the latest round of layoffs that came in April was set with the release of fourth-quarter figures for Scripps.

Profits were way down. The chain ended the year with its share prices down 51 percent or $22. The chain announced it would freeze the pension plan, cutting 401(k) matching funds from the company. At the CA, the 401(k) match has always only applied to managers.

Mark Watson, head of the triumvirate of labor unions at the CA, including The Newspaper Guild, broke the news about the layoffs, calling it a “crisi-tunity.” He was among those laid off weeks later.

The weekend after the announcement, Peck in his Sunday column once again lectured about the hard economic times.

From the start, Peck’s quest was to garner favorable attention within the city and in journalism circles across the country by winning awards. At first, he touted every award the paper won, which, for writing and reporting, were usually the monthly Scripps awards from the home office in Cincinnati.

But he later reversed that and said the paper should note only awards of national stature. Photographers regularly won those, but reporters didn’t.

When some reporters complained their work was always excluded from consideration, Peck directed that reporters submit on a monthly basis any work they wanted to be considered for award entries.

Those suggestions were then forwarded to the very editors who had been excluding their work in the first place and who remained in control of contest entries.

Like other newspapers, the CA’s approach to awards is sometimes to deem a story to be eligible for an award, possibly before the first interview is done or the first word is written.

But a contest entry had to have the right byline as well – the right reporter doing a story for a contest was usually not the one covering the beat from which the story arose.

Pamela Perkins, who left the paper voluntary in the November 2008 round of layoffs, along with music writer Bill Ellis, who left in 2005, won a national award in 2004 from the Missouri School of Journalism at the University of Missouri for their continuing coverage of the return of Stax Records and the surrounding Soulsville neighborhood in South Memphis. Their writing won first place in the arts and entertainment category of the Missouri Lifestyle Journalism Awards.

There was no companywide e-mail congratulating them as there had been for awards in the monthly Scripps competition.

Stephen Price’s work as one of several reporters working on the deadly shooting of a child on Rosamond Avenue in 2002 caught the attention of Florida’s Poynter Institute, a leading journalism think tank. Other reporters deemed more worthy were praised the next day in the inevitable self-congratulatory e-mail in which management separated those it favored from those it didn’t.

Price had blended into the neighborhood crowd as police cleared reporters from the area, came back with the story no one else had and wrote it on deadline.

The Poynter Institute carries a lot of weight in Peck’s newspaper philosophy. Several times, he’s used Poynter fellows to mediate discussions with community leaders about the newspaper’s policies. But when Price’s account of the shooting aftermath in the Rosamond neighborhood was reprinted in Poynter’s annual anthology of the nation’s best journalism of the past year, CA management once again did not acknowledge the accolade.

Curious ideas

As the 2004 presidential season began, Peck revealed an important part of his views on political coverage to an editors’ forum in Washington. It was the same night as the Iowa caucuses.

The remarks to the American Press Institute gathering didn’t get much publicity, even after they showed up on an industry blog. It took a few more months. He never said anything about it to anyone who worked at the CA.

Peck said having reporters cover campaign events was a waste of time and resources. Instead, he said citizen journalists should cover the events – those who were already going to attend the rallies anyway.

“We have to get over the notion that we have to do it all ourselves,” he told Chad Capellman of API as he talked of having editors find volunteers to write summaries of what was said. “It’s not doing the democracy any good to send out a reporter to write down a regurgitation of what a candidate is saying in a staged event.”

Peck also said newspapers should compete with comedy shows such as “The Daily Show” and “Saturday Night Live” as a source of political information. Also, Peck called for focus groups of readers to determine what issues should be discussed.

“Don’t let the candidates drive coverage of the three issues they want to ride to get elected,” he told the API group.

Being the newspaper’s political reporter had been a difficult posting for some time, even before Peck arrived in Memphis. Bernsen had a checkered history of political coverage that turned into a deep distrust and contempt for politics when he became the head of Metro.

Each election season he would dutifully call those assigned to political coverage to his office and haul out a set of his own news clippings, which he said illustrated the kind of reporting he wanted. Under no circumstances, he insisted, would the candidates be setting the agenda for the newspaper’s coverage.

Such tension is normal in the planning of most media coverage of politics. It’s a game candidates, their representatives and the reporters who cover them play constantly.

Bernsen’s decision was not to play the game at all. He did not want coverage of campaign events and rallies. And the end of an election meant the end of political coverage. Any attempt a candidate made to establish or give voice to an issue was uniformly rejected even if it obviously hit a nerve with voters. To him, the whole process was rigged and the newspaper’s view was the only valid one.

There was supposed to be a wall between the reporting that was allowed on the political process and the endorsements of candidates that the CA editorial board made. Most candidates interested in the newspaper’s endorsement never believed there was a wall. If there was, they reasoned, editors not on the board would still find a way to limit or tilt coverage of those who weren’t endorsed.

Prism of perception

The CA began 2009 with a curious 15-part series that recapped the public life of Mayor Willie Herenton.

Herenton has had problems with the newspaper throughout that public life. And similarly, the newspaper’s leadership has had problems seeing straight when the subject was Willie Herenton.

The paper’s until then consistent political coverage was missing in action when Herenton launched a surprisingly strong-willed bid for mayor in 1991. Editorially, the newspaper had strong reservations about the People’s Convention that Herenton took by storm, clearing the first political obstacle in what became a historic campaign.

His willingness to participate in the convention, whose goal was to come up with a consensus black challenger to incumbent Dick Hackett, put off those in the newspaper’s front office. It translated to next to no coverage of a campaign effort that was on the streets every day, while Hackett pursued the local equivalent of a rose garden strategy of speaking to small groups at select backyard parties.

When Herenton won, the ambivalence turned into hostility.

Herenton had a good relationship with several reporters who had covered his tenure as city schools superintendent – even through the sexual harassment lawsuit that came near the end of his tenure there and just before his entry into the 1991 mayor’s race. (The harassment case stemmed from a relationship Herenton had with a teacher.)

Those reporters had to walk a fine line. A favorable comment by Herenton in public that got back to editors could mean that reporter would be perceived as biased toward Herenton. The problem many reporters had with walking the tightrope was editors increasingly viewed a reporter’s duty to the paper as a requirement to shank their sources in print to show where their loyalties lay.

The editors were convinced a 2005 recall petition mounted by radio talk show host and blogger Thaddeus Matthews would succeed. They considered it a foregone conclusion that Matthews would gather more than enough signatures on the petitions and do it well before the deadline to file with the Shelby County Election Commission.

The newspaper’s planned coverage moved past the recall drive itself. The editors ordered up a piece on who was likely to run in the recall election that followed. They approached at least two reporters with the task before the effort flagged just enough for the piece to become an article on who might run for city mayor in 2007.

The fact that politicos across the city were still waiting to see if the 2006 county elections would offer any opportunities didn’t cross their minds. Calls to those politicos were met with widespread laughter and wonderment at the eccentric methods afoot at the CA. The petition drive failed and Matthews backed Herenton’s 2007 bid for re-election.

Distance learning

By this past February, CA management signed off on a content-sharing agreement with fellow Scripps paper The Knoxville News Sentinel, as well as The Tennesseean newspaper in Nashville and the Chattanooga Times Free Press.

The Feb. 5 agreement was already in effect by the time an internal memo from News Sentinel management surfaced in early March in Editor & Publisher.

The CA and the Knoxville newspaper had used such a strategy for years in covering politics. The result was that the CA continued to do without any local political coverage beyond biographical pieces introducing candidates.

Statewide races for governor and the U.S. Senate were covered from Knoxville or by the CA’s Nashville bureau chief, Richard Locker, or in some cases by Bartholomew Sullivan, a former CA reporter who now works for the Scripps News Service’s Washington bureau. That meant candidates for statewide office coming to Memphis were usually covered before they got to the city or after they left.

The agreement was most visible during the 2006 U.S. Senate race between Republican Bob Corker of Chattanooga and Democrat Harold Ford Jr. of Memphis. One of the campaign’s crucial events was a showdown between the two at Memphis International Airport.

Corker had called a press conference there. Ford crashed the event ahead of time and the two faced off in the airport parking lot – a few inches from each other with television cameras and microphones surrounding them.

There was no CA reporter in the press pack. Sullivan covered what became known as the “parking lot debate” from the D.C. bureau.

...

69. Obama Team Looks to Revamp Financial Bailout -

WASHINGTON (AP) - President-elect Barack Obama's economic team is broadening the mission of the 700 billion bailout for the financial sector, aiming to unfreeze credit for homeowners, consumers, small businesses and local governments.

70. Bush: Federal Intervention in Banks is 'Temporary' -

ADA, Mich. (AP) - President Bush said Wednesday he's against government taking part ownership in private businesses, but that it's necessary this time – for a while. "In the long run it's not good for the country," he said.

71. Behind the Scenes -

For television viewers around the world, it began with the host of PBS’ “The NewsHour with Jim Lehrer” intoning, “Good evening from the Ford Center for the Performing Arts at the University of Mississippi in Oxford.”

72. Cash Wants to Enlist Paid Tutors From Student Ranks -

As part of the sweeping overhaul he envisions bringing to Memphis City Schools, new district superintendent Dr. Kriner Cash wants to enlist students to work for the school system as tutors.

“What if instead of working for Back Yard Burger … for $6 an hour, work for me. Work for city schools,” Cash said last week to about 250 members of the Memphis Rotary Club.

73. Nation's Service Economy Unexpectedly Expanded in April -

NEW YORK (AP) - Data showing an unexpected expansion in the service sector in April raised hopes that the U.S. economy will be spared a sharp downturn even though many observers feel it is already in a mild recession.

74. Archived Article - 2076 Union Ave.
Memphis, TN 38104
Sale Amount: $2 million
Sale Date: March 5, 2008
Buyer: Roundabout Real Estate LLC (2/3 interest); Visual Projects LLC (1/3 interest)
Seller: Lawrence Migliara
Loan Amount: $1.7 million
Loan Date: March 5, 2008
Maturity Date: N/A
Lender: Paragon National Bank
Details: A nearly 16,000-square-foot, two-story office building in Midtown currently leased to dialysis provider DaVita Inc. sold to two tenants-in-common investment entities. Roundabout Real Estate LLC, with a two-thirds interest, and Visual Projects LLC, with a one-third interest, bought the property from Memphian Lawrence Migliara. The office building was built in 1967; it sits on .84 acres at the northwest corner of Union Avenue and Florence Street. The Shelby County Assessor’s 2007 appraisal was $1 million.

3695-3723 Riverdale Road
Memphis, TN 38115
Sale Amount: $1.8 million
Sale Date: Feb. 29, 2008
Buyer: Germantown Plaza LLC
Seller: Germantown Plaza GP
Details: A 14,400-square-foot shopping center at 3695-3723 Riverdale Road in Memphis has sold to a Florida limited liability company. Germantown Plaza LLC, which lists an address in Oldsmar, Fla., bought the property from Memphis-based Germantown Plaza GP. Built in 1984, the neighborhood shopping center sits on 1.6 acres on the west side of Riverdale Road south of Winchester Road. The Shelby County Assessor’s 2007 appraisal was $929,500. In conjunction with the purchase, Germantown Plaza LLC on March 4 assumed a $1.26 million loan owned by Wells Fargo Bank NA as trustee. Germantown Plaza GP originally received the $1.35 million loan through Column Financial Inc. in June 2003.

3586 Riverdale Road
Memphis, TN 38115
Sale Amount: $1.4 million
Sale Date: March 4, 2008
Buyer: Cole SB Memphis TN LLC
Seller: Main & Main Development LLC
Details: Cole SB Memphis TN LLC, an entity affiliated with Camelback, Ariz.-based Cole Cos., has bought the Starbucks coffee shop at 3586 Riverdale Road in Southeast Memphis for $1.4 million. The recently completed, 1,853-square-foot coffee shop sits on the east side of Riverdale north of Winchester Road on an outparcel of the Riverdale Square shopping center. Main & Main bought the lot in July for $350,000. In conjunction with the most recent sale, Main & Main assigned its rights as landlord to Cole. The property is leased to Starbucks Corp., with the lease beginning Jan. 25 and running through 2018.


Source: The Daily News Online (www.memphisdailynews.com) and Chandler Reports (www.chandlerreports.com).­

...

75. Riverdale Shopping CenterSells for $1.8 Million -      A 14,400-square-foot shopping center at 3695-3723 Riverdale Road in Germantown has sold for $1.8 million to a Florida limited liability company.
     Germantown Plaza LLC, which lists an addr

76. Changing Landscape: Scripps adapts to shifting media market -

Speaking to an audience of journalists in August at an evening session of the two-day "Journalism That Matters" seminar held at George Washington University, Commercial Appeal editor Chris Peck issued a warning to his colleagues.

77. Some RMK Funds Feel Pain of Subprime Meltdown -

Once investments tied to the subprime mortgage market began taking a beating - now part of a daily drama unfolding in the national financial press - several Regions Morgan Keegan mutual funds found themselves more bloodied than almost all of their rivals.

78. Archived Article -

5015 Citation Drive
Memphis, TN 38118
Sale Amount: $19.3 million

Sale Date: June 27, 2007

Buyer: Distribution I TL Owner LLC

79. Foreign Group Buys PortfolioIncluding Three Memphis Sites -      A group of foreign investors has bought three Memphis distribution sites as part of a $270 million, 22-building deal.
     The investors, working under the name Distribution I TL Owner LLC, b

80. FedEx Refuses CommentOn Buyout Speculation -      FedEx Corp. officials refused to comment Monday on its mention as a potential buyout candidate or if such conjecture boosted the price of the shipping company's shares.
     "We don't comment

81. FedEx Refuses Comment on Speculation About Buyout Potential -
MEMPHIS (AP) - FedEx Corp. officials refused to comment Monday on its mention as a potential buyout candidate or if such conjecture boosted the price of the shipping company's shares.

"We don't comment on speculation or rumor related to corporate development activity," company spokesman Jess Bunn said.

82. Archived Article -

5539 Elvis Presley Blvd.
Memphis, TN 38116
Sale Amount: $3.1 million

Sale Date: June 8, 2007

Buyer: ArciTerra DG Memphis TN LLC

83. Memphis Self Storage GroupBuys Second Facility -      A local investment group focused on acquiring self-storage properties has bought its second facility, a Storage USA site at 4175 Winchester Road. Memphis Self Storage Group, working under the name Memphis Storage II LP,

84. Archived Article -

4684 Poplar Ave.
Memphis, TN 38117
Sale Amount: $3.6 million

Sale Date: May 17, 2007

Buyer: CREX-NTP LLC

85. New Self-Storage PartnershipBuys Lamar Facility -      Memphis Self Storage Group LLC, a newly formed partnership headed by self-storage veteran Kenneth Cox, has made its first move with the purchase of a Lamar Avenue facility.
     The group, wo

86. The Hes, Bakers & Foster Care -

At the end of January, the Tennessee Supreme Court made a ruling that will profoundly affect the life of one little girl.

Eight-year-old Anna Mae He, whose name has spawned a media blitz across the country, soon will be reunited with her birth parents, Shaoqiang "Jack" and Qin Luo "Casey" He, despite relentless efforts by her foster family to hold onto her.

87. Remember: It's About the Fate of a Little Girl -

In the Old Testament story of King Solomon and the infant (I Kings 3:16-28), the king is approached by a pair of women with one baby boy between them. Both claim to be the baby's mother.

But before the king can award custody, he first must determine who is telling the truth - and who's trying to take him for a ride.

88. European Trust BuysAirport-Area Warehouses -      A European trust has bought into the Memphis market with the purchase of nine buildings totaling more than 1.1 million square feet of warehouse space in Memphis International Airport Center. New York-based real estate ad

89. Give 'Em Credit: Teachers' Credit Union Official Says New Branches Will Keep It Competitive -

New MATCU Branches on
Union Avenue and White Station Road
Project Cost: Not released

Permit Date: Dec. 4, 2006

90. Gramercy Park TownhomesFinanced for $2.7 Million -      The 78-unit Gramercy Park Townhomes at 6405 Gillespie Road has been financed for $2.7 million, while renovations that began in February continue at the complex.
     Gramercy Ventures LLC rec

91. Archived Article -

Ashland Lakes
Phase One
Loan Amount: $12.1 million

Loan Date: Aug. 1, 2006

Maturity Date: Oct. 1, 2024

92. Archived Article -

Five lots
in Enclave
Loan Amount: $15 million

Loan Date: July 18, 2006

Maturity Date: Aug. 31, 2007

93. Primacy EstatesFinanced for $2.3 million -      Memphis Senior Living LLC has filed a $2.3 million mortgage through Column Financial Inc. for Primacy Estates Assisted Living Community at 6015 Primacy Parkway. The three-story, 37,000-square-foot center was built in 199

94. The Road to Perdition? Memphis-Shelby County must 'pay the piper' on retirement benefits -

As Memphis and Shelby County governments continue piecing together their latest budget documents, which are both weeks away from being reviewed and adopted, one bit of information is conspicuously absent from the reams of dry numbers. It concerns the solution to a potentially thorny accounting problem, one that some analysts around the country have said has all the makings of a financial train wreck.

95. Archived Article -

5900 Cedar Forrest Drive
Memphis, TN 38119
Sale Amount: $21.6 million

Sale Date: April 12, 2006

96. Lynnfield Place SellsFor $21.6 Million - Lynnfield Place Tennessee LLC and Lynnfield Place Memphis LLC have purchased Lynnfield Place Apartments at 5900 Cedar Forrest Drive from Lynnfield Gardens Associates LLC for $21.6 million. Built in 1974, the complex is on the east side of Lynnfield R

97. Briar Club ApartmentsSell for $9.47 Million - Briar Apartments LLC has purchased Briar Club Apartments from Briar Club-Memphis LLC for $9.47 million. On the south side of Village Grove Drive east of Ridgeway Road, the 12-acre complex includes 272 units in two-story buildings. Built in 1985, the

98. Archived Article -

Four parcels
in Memphis
Cost: $8.3 million

Buyer: Maruti Somerset Park LLC

Seller: Tarragon Lake Point Partnership

99. Archived Article: real recap - 76

Mixed-Use Development Planned for Arlington

76.93 acres near

Highway 385

Cost: $2.8 million

Borrower: Commercial Ventures Inc.

Lender: Paragon National Bank

Trustee: Andrew H. Taylor

Property: A 28.91-acre parcel and a 51....

100. Archived Article: Real Recap - 9

Developer to Build Shoppes of Greys Creek

9.06 acres near

Walnut Grove

Cost: $4.3 million

Borrower: Greys Creek Development Co. LP

Lender: Community Bank, DeSoto County

Trustee: Lancelot L. Minor III

Property: 9.06 acres of...