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Editorial Results (free)

1. This week in Memphis history: September 20-26 -

1993: Elvis Presley Enterprises joined the ownership group for the proposed Memphis NFL franchise that city leaders were seeking. William B. Dunavant Jr., the leader of the effort, announced Graceland’s role in the ownership group during a reception at Graceland. Others in the ownership group included Fred Smith, Mike Starnes, J.R. “Pitt” Hyde and Paul Tudor Jones.

2. Record Crop Insurance Payout Stirs Subsidy Debate -

DES MOINES, Iowa (AP) – Farmers will be paid a record $16 billion in crop insurance claims for 2012 because of the widespread drought, a staggering amount that has critics calling for changes to what they say is an inefficient taxpayer subsidy the government cannot afford.

3. City Welcomes New Grizzlies Owner Pera -

Before founding the company he runs today, Ubiquiti Networks Inc., 34-year-old Robert Pera worked at Apple Inc., where he was a hardware engineer.

4. NBA Approves Pera as New Grizzlies Owner -

Thanks to a unanimous vote of approval from the NBA Board of Governors, Robert Pera is a few days away from being the new owner of the Memphis Grizzlies.

5. NBA Approves Pera as Grizzlies Owner -

Thanks to a unanimous vote of approval from the NBA Board of Governors, Robert Pera is a few days away from being the new owner of the Memphis Grizzlies.

6. Election Reform Advisory Board Approved -

A new Election Reform Advisory Board approved Monday, Sept. 24, by the Shelby County Commission is to report its recommendations by the end of March to the Shelby County Election Commission.

And the Election Commission is under no obligation to act or even accept the recommendations, although election commissioners Steve Stamson and Norma Lester are also on the committee of 12.

7. Commission Approves Pera Group on Forum Lease -

Shelby County Commissioners approved Monday, Sept. 24, a change in the lease for FedExForum to the new Grizzlies ownership group headed by Robert J. Pera.

But the 9-4 vote came after commissioners criticized Pera’s representatives for not providing basic financial statements about Pera or his ownership group.

8. Pera Open to Local Partners in Grizz Bid -

In the course of meetings with business and civic leaders here over the last couple of weeks, California technology businessman Robert Pera has decided it would be a good idea to bring local partners into his bid to purchase the Memphis Grizzlies.

9. Fed's Low Rates are No Fix for Economy or Retirees -

WASHINGTON (AP) – The Federal Reserve's plan to keep interest rates super-low for at least two more years is great news for mortgage refinancers and other borrowers.

For retirees and others who need interest income, it's a threat.

10. Foreclosure Freeze Could Undermine Housing Market -

NEW YORK (AP) – Karl Case, the co-creator of a widely watched housing market index, was upbeat three weeks ago. Mulling the economy while at a meeting at a resort near the Berkshires, Case thought the makings of a recovery were finally falling into place.

11. Citigroup Tops Forecasts, But Caution Lingers -

NEW YORK (AP) - For big banks like Citigroup, the first quarter of 2009 may turn out to be the best of the year.

Citigroup Inc., JPMorgan Chase & Co., Goldman Sachs Group Inc. and Wells Fargo & Co. all impressed investors over the past week with earnings reports that were better than Wall Street analysts anticipated.

12. Bank Stocks Up Amid Report of Gov't Plan for Citi -

NEW YORK (AP) - Bank stocks rose in early morning trading Monday after hitting new lows last week as investors welcomed the possibility that the government would increase its ownership stake in struggling Citigroup Inc. – an alternative to nationalizing the bank.

13. Americans Saving More, Spending Less -

WASHINGTON (AP) - Americans are hunkering down and saving more. For a recession-battered economy, it couldn't be happening at a worse time.

Economists call it the "paradox of thrift." What's good for individuals – spending less, saving more – is bad for the economy when everyone does it.

14. Banks to Use Gov't Funds for Lending, Dealmaking -

NEW YORK (AP) - A number of financial institutions, including Capital One inancial Corp. and SunTrust Banks Inc., have announced they will receive funds under the Treasury Department's capital purchase program.

15. Swaggers Turn to Shudders a Year After Market High -

SAN FRANCISCO (AP) – Just a year ago, investors were swaggering as the stock market surged to an all-time high. Now, almost everyone on Wall Street and Main Street seems to be shuddering amid a frightening reversal of fortune that has erased $8.3 trillion in shareholder wealth in the past year.

16. Down Market Hits 1-Year Mark with No Clear Bottom -

CHICAGO (AP) - The bear market that is ravaging investor portfolios is now one of the worst in modern U.S. history and has wiped out more than $7 trillion in shareholder value, with no bottom clearly in sight.

17. Shares of Morgan Stanley and Goldman Sachs Plunge -

NEW YORK (AP) - Shares of Goldman Sachs and Morgan Stanley plunged on Wednesday, a sign that investors fear they can't survive in their present form as the last two major independent investment banks.

18. Analyst: Lehman Should be Private; Financials Fall -

NEW YORK (AP) - Investors bailed out of investment bank stocks Monday as concerns about the credit crisis prompted one analyst to call for Lehman Brothers Holdings Inc. to go private.

Financials such as Merrill Lynch & Co. and Morgan Stanley dropped sharply amid more uncertainty about their fate. The most dramatic drop came from Lehman, which tumbled to a 9-year low on fears it does not have enough capital to stay in business.

19. State Film Incentives Offer Clue About Village Roadshow in Memphis -

For the big-league Hollywood film company that's in talks to set up a movie production hub in Memphis, it's lights, camera, inaction - at least for now.

On the one hand, sources have confirmed that either Village Roadshow Pictures Group or a division of that company is interested in opening a major operation in Memphis, an undertaking that would include building a soundstage and production offices. Village Roadshow, in turn, would spend $250 million on productions in the city over a five-year period.

20. Major Hollywood Studio Eyes Memphis -

After producers from Twentieth Century Fox chose the Memphis area as the location for 2005's Academy Award- and Golden Globe-winning movie "Walk the Line," they pointedly told a state official, "Enjoy it - it's the last film we're doing in Tennessee without a strong package of incentives."

21. River Oaks to Replace Cockeyed Camel at Junction -

John Bragg's restaurant may still be under construction, but the neighborhood he's chosen is definitely established.

River Oaks by John Bragg is scheduled to open in February in a 2,800-square-foot space that used to house the Cockeyed Camel at Poplar Avenue and Interstate 240. It shares parking space with Park Place Hotel and will be able to seat 99 diners.

22. Archived Article -

27.68 acres near
Wolf River Boulevard
Cost: $6.7 million

Borrower: Empirian Colonnade LLC and Bush Realty Colonnade LLC

23. Archived Article -

Property near
Poplar Avenue
Cost: $12.2 million

Borrower: Sheriff LLC

Lender: American General Life Insurance Co.

24. Archived Article: Real Recap - Front Street Property to Become Condos

Front Street Property to Become Condos

338-352 S. Front St.

Memphis, TN 38103

Cost: $3.5 million

Borrower: Front Bluff Partners LLC

Lender: First Tennessee Bank NA

Trustee: Thomas F. Baker ...

25. Archived Article: Real Recap - 3

Kirby Gate Property Financed for $4.1 Million

2715-2725 Kirby Road

Memphis, TN 38119

Cost: $4.1 million

Borrower: 2715 Kirby Parkway LLC

Lender: UBS Real Estate Investments Inc.

Trustee: Security Title Co. Inc.

Property: 27...

26. Archived Article: Real Recap - Tracts on Bodley Avenue,

Del-Nat Enters Into New Financing Arrangement

Tracts on Bodley Avenue,

and Texas and Red drives

Cost: $4.8 million

Borrower: Del-Nat Tire Corp.

Lender: Fleet Capital Corp.

Trustee: Warren H. Wild Jr.

...

27. Archived Article: Real Recap - 1280 Germantown Road

Weston Cos. Plans Medical Office Complex

1280 Germantown Road

Germantown, TN 38138

Cost: $4.2 million

Buyer: Westco Development #33 LLC

Seller: WMT Germantown LLC

Property: 7.77 acres at 1280 Germantown Road...

28. Archived Article: Real Recap - Three tracts of land

YMCA finances three locations, plans upgrades

Three tracts of land

in Memphis and Millington

Cost: $9.2 million

Borrower: YMCA of Memphis & the Mid-South

Lender: Bank of America National Association

Trus...

29. Archived Article: Real Estate Recap - Trezevant Adds New Phase to Shops of Collierville

Trezevant Adds New Phase to Shops of Collierville 875 W. Poplar Ave.

Collierville, TN 38017

Cost: $6.5 million

Borrower: Shops of Collierville LLC

Lender: National Bank of Commerce

...

30. Archived Article: Cook (lead) - It was Nov

Business, musicians warming up for new Cook

By ANDREW BELL

The Daily News

On the evening of Nov. 19, 1996, Bruce Springsteen bellowed There Will Never Be Another during the final concert at Dixon-Myers Hall amphitheater at the...

31. Archived Article: Calendar - Calendar of events Jan Calendar of events Feb. 11-Feb. 17 Feb. 11 The Shelby County Republican Womens Club host Germantown Mayor Sharon Goldsworthy and Shelby County School board chairman David Pickler at 11 a.m. at the Adams Mark, 939 Ridge Lake Bl...