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Editorial Results (free)

1. Events -

Memphis Botanic Garden will host the Green Your Home Winter Plant Sale Friday, Feb. 7, and Saturday, Feb. 8, from 9 a.m. to 5 p.m. at the garden, 750 Cherry Road. The sale will feature house plants, custom potting, terrariums and garden gift items. Admission is free. Visit memphisbotanicgarden.com.

2. Events -

The Association of Fundraising Professionals will meet Thursday, Feb. 6, from 11:30 a.m. to 1 p.m. at Christian Brothers University’s Sabbatini Lounge, 650 East Parkway S. Jeremy Park, president of the Lipscomb Pitts Breakfast Club, will discuss his book, “Giving Back With Purpose.” Cost is $20 for members and $25 for nonmembers. Visit afpmemphis.org.

3. Events -

The Rotary Club of Memphis East will meet Wednesday, Feb. 5, at noon at The Racquet Club of Memphis, 5111 Sanderlin Ave. Business consultant Lane Carrick will speak. Cost is $17. RSVP at Lee Hughes at lmhughes@bellsouth.net.

4. Memphis Medical Society Names Board Chairman -

Dr. Gary W. Kimzey, an anesthesiologist at Medical Anesthesia Group, has been named the 137th president of the Memphis Medical Society.

Kimzey and other officers and newly elected members of the 2014 board of directors will be installed on Saturday, Jan. 25, at the Memphis Marriott East. The event begins with a 6 p.m. cocktail reception.

5. Memphis Medical Society Names Board Chairman -

Dr. Gary W. Kimzey, an anesthesiologist at Medical Anesthesia Group, has been named the 137th president of the Memphis Medical Society.

Kimzey and other officers and newly elected members of the 2014 board of directors will be installed on Saturday, Jan. 25, at the Memphis Marriott East. The event begins with a 6 p.m. cocktail reception.

6. Industry Spotlight -

An audience of a few hundred people, including investors, entrepreneurs, researchers, clinicians and musculoskeletal industry leaders, is gathering in Memphis this week to network, learn about new business opportunities and hear about companies like Restore Medical Solutions, a Memphis-based medical device startup.

7. Blume Named to Tennessee Real Estate Commission -

Gary Blume, a veteran agent with RE/MAX Real Estate Experts, has been appointed by Gov. Bill Haslam to a five-year term on the Tennessee Real Estate Commission. Blume is a past president of the Memphis Area Association of Realtors and has served twice as president of the Tennessee Real Estate Educational Foundation.

8. Haslams Try to Halt Fallout From FBI Raid on Pilot -

NASHVILLE (AP) – Tennessee's Haslam family is furiously trying to control the damage following a federal investigation into the family business that could threaten to unravel decades of growing wealth and influence that spans business, sports and politics in the state and beyond.

9. Haynes Joins Table Group as Principal Consultant -

Brad Haynes has joined The Table Group Inc. as principal consultant. Haynes will provide executive teams with customized consulting and training sessions built around teamwork, leadership and overall organizational health.

10. Events -

The Center City Development Corp. board will meet Wednesday, Aug. 15, at 9 a.m. in the DMC conference room, 114 N. Main St. Visit downtownmemphiscommission.com.

11. Crowder Joins MCCA To Manage New Product Line -

Mack Crowder has joined Memphis Consumer Credit Association as director of business continuity and risk. In his new role, Crowder will manage the start-up and growth of a new product line of business continuity and disaster recovery solutions for MCCA.

12. Logan New Director Of AHA Heart Ball -

Sarah Logan has joined the American Heart Association as director of the Heart Ball.

Hometown: Hernando, Miss.

13. SEC Head Under Fire as Ex-Official Says he Got OK -

WASHINGTON (AP) – The head of the Securities and Exchange Commission is facing increased scrutiny from lawmakers after a former top commission official said he was cleared to work on how victims of Bernard Madoff's scheme should be compensated, even though he benefited financially from Madoff's scheme.

14. Haykal Recognized For Work in Psychiatry -

Dr. Radwan Faysal Haykal, director of the Bipolar Spectrum Program at Lakeside Behavioral Health System and clinical professor of psychiatry at the University of Tennessee Health Science Center, has been inducted as a Distinguished Fellow of the American Psychiatric Association.

15. Benfield Pulls From Naval Experience -

Mark Benfield says his training with the Judge Advocate General corps while in the U.S. Navy helped ready him for a civilian career as a plaintiff’s lawyer in medical malpractice, catastrophic injury and nursing home neglect cases with Apperson Crump PLC. Founded in 1865, it is the oldest continuously operating law firm in Memphis.

16. Consumer Confidence Grows as Economy Strengthens -

NEW YORK (AP) — Key pillars of the U.S. economy are getting stronger.

The best consumer confidence reading since September 2008's financial meltdown and bullish earnings reports this week from companies ranging from Whirlpool to UPS show increasing demand and a rebound gathering steam. Americans are even feeling a bit better about the job market.

17. 50 Years of Secrets -

Catholic priests accused of child sexual abuse in Memphis moved to different parishes and cities without parishioners or authorities being alerted, according to recently opened Circuit Court records.

18. Sharp Fall in Consumer Confidence Spurs Fears -

NEW YORK (AP) — Americans' outlook on the economy went into relapse in February. Rising job worries sent a key barometer of confidence to its lowest point in 10 months, raising concerns about the economic recovery.

19. US House Panel Votes to Regulate Derivatives -

WASHINGTON (AP) - A U.S. House of Representatives' panel voted Thursday to regulate for the first time privately traded derivatives, the kind of exotic financial instruments that helped bring down Lehman Brothers and nearly toppled American International Group.

20. Events -

The Institute for Supply Management will host the Eighth Annual NAPM – Memphis Inc. Golf Tournament today at 8 a.m. at Memphis National Golf Club, 10135 National Club Drive. Cost is $140 per player. All proceeds will benefit Ronald McDonald House Charities of Memphis. To register, contact Gary Lemmons at 381-2219 or gary.lemmons@lucite.com.

21. JPMorgan Profit Surges on Investment Banking Gains -

CHARLOTTE, N.C. (AP) - The banking industry has another winner.

JPMorgan Chase & Co. reported a 36 percent jump in second quarter profits Thursday, easily surpassing analysts' forecasts as huge gains in its investment banking business outweighed higher losses from bad loans.

22. BofA Delays Release of Votes on CEO Lewis -

CHARLOTTE, North Carolina (AP) - Ken Lewis is keeping his seat on the Bank of America Corp. board, but his job title is less certain.

23. Claim Against Morgan Keegan Yields Largest Award Yet -

What’s believed to be the largest single award so far for investors in a group of former Regions Morgan Keegan mutual funds has been announced by a financial industry panel.

Steve and Gary Fitzgerald, two brothers from California, have won $267,711 plus interest. That amount is less than the more than $429,000 in compensatory damages they originally sought – but their Chicago attorney is still pleased with the outcome.

24. Financial Industry Weighs Impact of New Budget - What’s around the next corner for the banking industry is about to come into view.

The budget plan unveiled by President Barack Obama’s administration Thursday sheds some light on the future of the government’s controversial and seemingly opaque rescue effort for the financial system. To get an idea of the scope of the price tag thus far, the U.S. Treasury Department through the end of last week has spent more than $1.1 billion buying stock in 11 Tennessee banks from one corner of the state to the other.

That money was doled out as part of a $700 billion rescue effort that’s straddled two presidential administrations and which the Obama administration has signaled may have to be enlarged. The budget blueprint Obama officials released last week calls for setting aside a reserve of $250 billion on top of the $700 billion already allocated by Congress to the financial rescue.

“The existence of this reserve in the budget does not represent a specific request,” the budget plan said. “Rather as events warrant, the administration will work with the Congress to determine the appropriate size and shape of such efforts, and as more information becomes available the administration will define an estimate of potential costs.”

Figuring out the landscape

Local players in the banking industry are wondering what that means for them, as well as how rules for a new round of federal capital infusions into banks will affect them. The Obama administration also announced last week that it would begin “stress tests” of the nation’s largest banks to see how a prolonged economic slump will affect them and if they’ll need more capital to survive.

“Shortly before this Report was filed, the U.S. Department of the Treasury, the Federal Reserve Board, the (Federal Deposit Insurance Corp.) and the (Office of the Comptroller of the Currency) announced the initiation of a new Capital Assistance Program (CAP),” reads a regulatory filing made by Memphis-based First Horizon National Corp. Thursday. “Under the CAP, the capital needs of the major U.S. banking institutions are to be evaluated under a more challenging economic environment.

“If that assessment indicates a need for additional capital, the affected institution will be allowed to seek additional private capital and, failing that, may be required to issue mandatory convertible preferred shares to a government agency. … At this time it is not known whether the CAP applies to the Bank or the Corporation nor, if so, whether additional capital will be required or the terms upon which such additional capital may be issued.”

Meanwhile, the first part of the $700 billion shock treatment to the economy first set in motion by the Bush administration still has not run its full course. Cobbled together late last year at a time of broader upheaval in the housing market and the collapse of giant financial firms such as Lehman Brothers, the $700 billion effort was designed in part to spur banks to keep making loans to prevent a collapse of the economy.

To shore up bank balance sheets enough to do that, the government began buying preferred shares of stock in banks to give them immediate access to fresh capital. Of the $700 billion Congress approved for that effort, $250 billion was determined to be enough to cover all the money the government would send out to banks throughout the country that needed the money or could use it.

As of earlier last month, the government has finalized almost $196 billion worth of those transactions, meaning more banks have yet to get their capital boost.

More to come?

Greg Gonzales, commissioner of the Tennessee Department of Financial Institutions, told a panel of state lawmakers last month that 40 banks in Tennessee to date have applied for the federal aid, with fewer than a dozen of those applications having been accepted so far.

Tennessee’s commercial banks, which shed almost 3,000 full-time equivalent employees in 2008, collectively lost $260 million in net income last year, according to the FDIC. One Memphis-area banker said he was at a recent social function where Citigroup chief financial officer Gary Crittenden told him the economy was likely to remain in a broad slump through the end of this year, with unemployment numbers, among other things, continuing to rise.

The banking industry as a whole is thus in the process of trying to wrap its arms around new rules purportedly designed to help it regain its footing. Jackie Prester, a shareholder in the Memphis law office of Baker, Donelson, Bearman, Caldwell & Berkowitz PC, said that’s one of the biggest concerns she’s hearing right now.

“And a lot of my clients are asking me, ‘Even if we can get our arms around these new rules – and that’s tough – what assurance do we have they won’t change the rules completely next week?’” Prester said. “The biggest wildcard (I’m hearing) is, ‘What else is Congress going to legislate that makes it difficult for me as a bank to conduct business the way I normally conduct it?’”

...

25. Diocese Settles With Man Abused as Teen -

The Catholic Diocese of Memphis has come to a legal settlement with a man sexually abused as a teenager nine years ago by a Dominican priest.

The settlement was announced Monday in Circuit Court at the start of the last hearing on motions before the John Doe lawsuit goes to trial.

26. New Info Surfaces in Priest Sex Cases -

Fifteen priests in the Catholic Diocese of Memphis have been accused of sexually abusing children since the diocese was formed in 1971.

That was among the disclosures made in a Circuit Court hearing late last week to set the ground rules for the pending civil trial of a lawsuit against the diocese and the Dominican religious order. The hearing continues Thursday.

27. Thain Resigns from Bank of America -

NEW YORK (AP) - Wall Street bonuses, a sore point as the government gives billions of dollars in bailout money to the financial industry, have apparently cost former Merrill Lynch & Co. CEO John Thain his new job at Bank of America Corp.

28. Appeals Court Dismisses Priest Sex Abuse Case -

A 2006 lawsuit against the Catholic Diocese of Memphis alleging sexual abuse by a Memphis priest was dismissed Tuesday by the Tennessee Court of Appeals.

The court ruled in the case of a man who claimed that Father Daniel DuPree sexually abused him while the man was a teenager in Memphis during the mid-1980s.

29. SEC Short-Selling Ban on Fannie, Freddie to End -

WASHINGTON (AP) - A government order expires Tuesday that temporarily banned a certain kind of short-selling of the stocks of mortgage finance companies Fannie Mae and Freddie Mac and 17 large investment banks.

30. Events -

The Alliance for Nonprofit Excellence will host "Conducting Market Research and Focus Groups" today from 9 a.m. to noon at The Assisi Foundation of Memphis Inc., 515 Erin Drive. The cost to attend is $65 for Alliance members, $55 for participants in the Program for Nonprofit Excellence and $99 for nonmembers. For more information or to register, contact April DeBerry at 684-6605 or adeberry@npexcellence.org.

31. Events -

The Memphis Rotary Club will meet today at noon at the Memphis Cook Convention Center, 255 N. Main St. The speaker will be Robert Khayat, chancellor at the University of Mississippi. Cost is $18 at the door. R.S.V.P. to Taylor Hughes, 526-1318 or taylor@memphisrotary.org.

32. Diocese Settles Sex Suits for More Than $300K -

The Catholic Diocese of Memphis has settled three lawsuits alleging child sexual abuse by a priest assigned to minister to the city's Vietnamese Catholic community.

The settlements, announced last week, are the first in any of the nine civil lawsuits filed beginning in August 2004 against the Memphis Diocese and five priests. All nine allege child sexual abuse and a cover-up by the Diocese.

33. Wright Medical DevelopsNew Knee Implant Device -      Arlington-based orthopedic company Wright Medical Group Inc. announced Thursday the launch of its newest knee implant system. The Advance Stature Femoral Components features a tapered design to address the implant sizing

34. Joseph Kyles to Discuss the Merits of Black History Month -

Jan. 31

The Memphis Area Association of Realtors Commercial Council presents a Commercial Property Tax and Reappraisal Forum from 8:30 a.m. to 10 a.m. in the Martin Edwards Jr. Education Center of the MAAR offices, 6393 Poplar Ave. This is the first in the 2006 MAAR Commercial Council broker forum series. Cost is free for members and $15 for non-members. Call 818-2428 for more information.

35. Archived Article: Newsmakers - St

St. Jude Researcher Named to Royal Society

Dr. Tom Curran, chair of the department of Developmental Neurobiology and the co-leader of the Neurobiology and Brain Tumor program at St. Jude Childrens Research Hospital, was elected to the Fello...

36. Archived Article: Newsmakers - Shelby County Alumni Honored

MAHBA Announces New Board Members

The Memphis Area Home Builders Association announced the following new members of its board of directors: Tommy Byrnes, Phil Chamberlain III, Ginger Coggins, Michael Matthews and G...

37. Archived Article: Newsmakers - U

Carlisle Earns Entrepreneur of the Year Award

Gene Carlisle was presented the 2004 Ernst & Young Entrepreneur of the Year Retail and Consumer Products Award. Carlisle is chairman and chief executive officer of Carlisle Corp. Kathryn Kont...

38. Archived Article: Newsmakers - The Daily News has hired Don Fancher as the Advertising Sales Director

Baptist-DeSoto Names New Administrator

Randy King was named administrator and chief executive officer of Baptist Memorial Hospital-DeSoto. He was previously vice president ...

39. Archived Article: Memos - Michael Frederick was appointed director of radiology at Methodist

Michael Frederick was appointed director of radiology at Methodist South Hospital. He previously was the administrative director of radiology at Edinburg Regional Medical Center i...

40. Archived Article: Market Briefs - Edward Jones investment representative Steven Hefner hosts a free program

Edward Jones investment representative Steven Hefner hosts a free program for retirees at 5:30 p.m. Tuesday at his office, 1862 Poplar Crest Cove.

The interactive event ...

41. Archived Article: Memos - Sgt. Jackie Setliff

Sgt. Jackie Setliff of the Shelby County Sheriffs Office was chosen as Officer of the Year by the Optimist Club. A ceremony honoring Setliff begins at 10 a.m. today in the Sheriffs Conference Room, 201 Poplar Ave., ninth floor...

42. Archived Article: Memos - George T. "Buck" Lewis

George T. "Buck" Lewis, a shareholder in the Memphis office of Baker, Donelson, Bearman & Caldwell, recently was elected to represent the Ninth Congressional District on the Tennessee Bar Association...

43. Archived Article: Calendar - Calendar of events Sept

Calendar of events Sept. 30-Oct. 6

Sept. 30

Greater Memphis Arts Council, 8 S. Third St., Suite 300, will feature Michael J. Hildebrands mixed media paintings through Oct. 18. The Art Museum at the University of Memp...

44. Archived Article: Memos - Amanda Dame joined archer>malmo as an account supervisor, with day-to-day responsibility for managing the Valent U

Amanda Dame joined archer>malmo as an account supervisor. She will manage the Valent U.S.A. team and leading new business dev...

45. Archived Article: Dinstuhl (lead) - By RICK RUSSELL Dinstuhls savoring sweet taste of success By RICK RUSSELL The Daily News The Greeks called it Theobrama, meaning "food from the Gods." The Aztecs called it Cacahuatl, and became so enthralled by the substance they used it a...

46. Archived Article: Memos - Archer/Malmo made the following additions to its staff

Archer/Malmo made the following additions to its staff.

Gary Bridgman has joined the agency as public relations account executive. He was a member of International Paper Corporate Communic...

47. Archived Article: Memos - Davie L Davie L. Lloyd has been named as an associate at Askew Hargraves Harcourt & Associates Inc. Lloyd has 36 years experience in the mechanical engineering systems design of commercial, industrial and health care projects. He is the manager ...

48. Archived Article: Memos - The YMCA of Memphis and the Mid-South has announced four new positions within the organization: Spencer L. Wilson and Jack R. Blair have been appointed to the board of directors for Bulab Holdings, parent company of Buckman Laboratories Internationa...

49. Archived Article: Memos - FDX Logistics Selects Global Logistics Veteran to Head FDX Supply Chain Services Gary D. Gilbert has been appointed president & chief executive officer of FDX Logistics Inc.s Supply Chain Services unit. Gilbert joins the company from Sea Land Lo...

50. Archived Article: Memos - Maj Frank Colvett Jr. has been promoted to executive vice president of GreenScape Inc. He previously was vice president of marketing. Scott Perry has been named vice president of GreenScapes irrigation division. He formerly was manager of the irriga...

51. Archived Article: 1qapts - Apartment construction Apartment construction surges in Downtown By KATHLEEN BURT The Daily News Although the first quarter of 1999 lagged behind its predecessor in the number of permits filed for new apartment construction, several projects could m...

52. Archived Article: Memos - Cherie Ganesh and Nithan Ganesh have joined Crye-Leike Commercial Cherie Ganesh and Nithan Ganesh have joined Crye-Leike Commercial. Mary Whitaker has been promoted to vice president of legal affairs for the Regional Medical Center. She previously w...

53. Archived Article: Memos - Kenneth P Kenneth P. Pehanick has been promoted to chief operating officer of Continental Traffic Services Inc. Pehanick formerly was vice president of sales. He is a graduate of Pennsylvania State University. Dorchelle Terrell Spence has been named...

54. Archived Article: Memos - Sheila Collins has been promoted to vice president at Arnoult & Associates Sheila Collins has been promoted to vice president at Arnoult & Associates. She formerly was project director and operations manager. Collins has an undergraduate deg...

55. Archived Article: Calendar - March 23 March 23 The League of Women Voters will meet at 7 p.m. at the Poplar-White Station Public Library, 5094 Poplar Ave. The speaker will be Gay M. Johnston, executive director of the Memphis Literacy Council. For more information, call 327-689...

56. Archived Article: Calendar - March 17 March 17 The Financial Executive Institute will meet at 6:30 p.m. at the Crescent Club, 6075 Poplar Ave. Cocktails will be served at 6 p.m. The speaker will be Ken Richards, who works in management solutions and strategies for Deloitte &...

57. Archived Article: Memos - Barry D Barry D. Robbins has been named executive vice president/sales and marketing for TBC Corp. He currently is senior vice president of strategic marketing. Ronald E. McCollough was named executive vice president and chief financial officer for ...

58. Archived Article: Memos - Margaret Craddock has been named executive director for the Metropolitan Inter-Faith Association Margaret Craddock has been named executive director for the Metropolitan Inter-Faith Association. She formerly was associate executive director for MIFA...

59. Archived Article: Milestones - Women in Communications will meet Tuesday at 11:45 a Women in Communications will meet Tuesday at 11:45 a.m. at Ridgeway Inn, 5679 Poplar Ave. The speaker will be novelist and consultant Debra Dixon. The cost is $12 for members and $16 for nonmember...

60. Archived Article: Memos - Chuck Freedman, chief operating officer for Kelman-Lazarov, has been elected president of the Memphis chapter of the Institute of Management Accountants. Other officers include Larry Crowder, president elect and vice president of administration; Phy...

61. Archived Article: Chg Goodlett - 03-20 CHG Goodlett $10 million in office construction underway at Goodlett Farms By CAMILLE H. GAMBLE The Daily News Construction started last week on two major office projects at Goodlett Farms, a 300-acre office park south of I-40 near Whitten Roa...

62. Archived Article: Memos - Memos 11/17 Odell Horton Jr. has been promoted to associate general counsel for the University of Tennessee-Memphis. He has been with the office of general counsel at UT-Memphis since 1990. Horton received his juris doctorate from the University of ...

63. Archived Article: Back Fill - 12/26 back fill A principal in Askew Nixon Ferguson Architects Inc. has announced the formation of Construction Management Plus (CM+). CM+, created to provided construction management services to the building industry, will open at 1500 Union Ave. o...