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Editorial Results (free)

1. Fed: Memphis Banks Improved in 2013 -

Memphis banks ended 2013 in somewhat better shape collectively than they stood at the end of 2012, based on new numbers from the Federal Reserve Bank of St. Louis.

2. Transcripts Show Fed at Times Slow to Grasp Crisis -

WASHINGTON (AP) – The Federal Reserve agonized in 2008 over how far to go to stop a financial crisis that threatened to cause a recession and at times struggled to recognize its speed and magnitude.

3. Grinding it Out -

After most recessions, real estate bounces back.

But the Great Recession has been notably different – long, deep and very prolonged.

That’s the message Dr. John Gnuschke, director of the Sparks Bureau of Business and Economic Research and co-director of the Center for Real Estate at the University of Memphis, delivered in December at the Urban Land Institute’s Real Estate Outlook for the Mid-South.

4. Obama to Nominate Curry as Comptroller of Currency -

WASHINGTON (AP) – President Barack Obama said Friday he will nominate Thomas Curry, a federal bank regulator, to be the U.S. comptroller of the currency.

5. Commission Races Hinge on Public Issues -

Two issues figure in to the 11 competitive races for the Shelby County Commission – the future of the Regional Medical Center and local government consolidation.

Any push card for a credible candidate includes either something about how to save The MED or the candidate’s opposition to consolidation – or both.

6. Fed Holds Rates at Record Lows to Foster Recovery -

WASHINGTON (AP) - The Federal Reserve on Tuesday repeated its pledge to hold interest rates at record lows to foster the economic recovery and ease high unemployment.

But the Fed's assessment of the economy was a bit more upbeat. It said the job market is stabilizing. That was an improvement from its January statement, when it said the deterioration in the labor market was abating.

7. Fed May Hint At How Long Rates Will Stay at Lows -

WASHINGTON (AP) – Federal Reserve policymakers may signal at their meeting this week how and when the improving economy will lead them to start raising record-low interest rates.

Higher rates are still months away, Chairman Ben Bernanke and other Fed officials have signaled in appearances on Capitol Hill and in speeches. They’ve indicated that low rates are still required to foster the economic rebound.

8. Candidate Filing List -- The Final Version -

Shelby County Sheriff Mark Luttrell appeared on his way to the Republican nomination for Shelby County mayor at Thursday’s noon filing deadline for candidates on the May 4 primary ballot.

9. UPDATE: Mayor's Race Grows At Filing Deadline -

Shelby County Sheriff Mark Luttrell appeared on his way to the Republican nomination for Shelby County mayor at Thursday’s noon filing deadline for candidates on the May 4 primary ballot.

Luttrell faces only token opposition from perennial candidate Ernie Lunati.

Meanwhile, the Democratic primary for mayor grew to three contenders as General Sessions Court Clerk Otis Jackson filed his qualifying petition just before the deadline. He joins interim County Mayor Joe Ford and Shelby County Commissioner Deidre Malone.

Luttrell ruled out a bid for Shelby County mayor last year (2009). But when Harold Byrd decided not to run in the Democratic primary, some local GOP leaders asked Luttrell to reconsider.

The result touched off a scramble of candidates from both parties for the open sheriff’s office. But before the noon deadline, the initial field of over a dozen possible contenders was narrowed to ten – six Democrats and four Republicans.

The other surprise at the filing deadline was the return of attorney Walter Bailey to the District 2 Position 1 seat he gave up in the 2006 elections. Bailey sought re-election then to another term despite a two term limit on commissioners. Bailey lost to J.W. Gibson who decided not to seek re-election. He also lost a court fight to overturn the term limits.

Bailey was the only candidate who had filed for the seat at the Thursday deadline.

Only one incumbent county commissioner – Republican Mike Ritz -- was effectively re-elected at the deadline because he had no opposition.

All but one of the eleven contested County Commission races will be decided with the May 4 primaries. The only general election battle for the August ballot is the district 5 contest between GOP challenger Dr. Rolando Toyos and whoever wins the May Democratic primary between incumbent Steve Mulroy and Jennings Bernard.

Former County Commissioner John Willingham also returned to the ballot among a field of Republican contenders in the primary for Shelby County Trustee.

And former Criminal Court Clerk Minerva Johnican joined the Democratic primary field for her old job. Incumbent Republican Bill Key pulled petition to seek re-election but did not file at the deadline.

Here is the list of races and contenders from The Shelby County Election Commission. All candidate have until noon Feb. 25 to withdraw from the ballot if they wish.

D-Democrat

R- Republican

I- Independent

Shelby County Mayor:

Deidre Malone (D)

Joe Ford (D)

Otis Jackson (D)

Mark Luttrell (R)

Ernest Lunati (R)

Leo Awgowhat (I)

Shelby County Sheriff:

James Coleman (R)

Bobby Simmons (R)

Bill Oldham (R)

Dale Lane (R)

Larry Hill (D)

Bennie Cobb (D)

Randy Wade (D)

James Bolden (D)

Elton Hymon (D)

Reginald French (D)

County Commission Dist 1 Pos 1

Mike Ritz (R) (incumbent)

County Commission Dist 1 Pos 2

Albert Maduska (R)

Heidi Shafer (R)

County Commission Dist 1 Pos 3

Mike Carpenter (R) (incumbent)

Joe Baire (R)

County Commission Dist 2 Pos 1

Walter Bailey (D)

County Commission Dist 2 Pos 2

Henri Brooks (D) (incumbent)

David Vinciarelli (D)

County Commission Dist 2 Pos 3

Eric Dunn (D)

Norma Lester (D)

Tina Dickerson (D)

Melvin Burgess (D)

Reginald Milton (D)

Freddie Thomas (D)

County Commission Dist 3 Pos 1

James Harvey (D) (incumbent)

James Catchings (D)

County Commission Dist. 3 Pos 2

Sidney Chism (D) (incumbent)

Andrew "Rome" Withers (D)

County Commission Dist. 3 Pos 3

Edith Moore  (D) (incumbent)

Justin Ford (D)

County Commission Dist 4 Pos 1

Chris Thomas (R)

John Pellicciotti (R)

Jim Bomprezzi (R)

County Commission Dist 4 Pos 2

Wyatt Bunker (R) (incumbent)

John Wilkerson (R)

Ron Fittes (R)

County Commission Dist 4 Pos 3

Terry Roland (R)

George Chism (R)

Edgar Babian (R)

County Commission Dist 5

Steve Mulroy (D) (incumbent)

Jennings Bernard (D)

Rolando Toyos (R)

Shelby County Clerk

Charlotte Draper (D)

Corey Maclin (D)

LaKeith Miller (D)

Wayne Mashburn (R)

Steve Moore (R)

Criminal Court Clerk

Vernon Johnson (D)

Minerva Johnican (D)

Ralph White (D)

Michael Porter (R)

Kevin Key (R)

Jerry Stamson (I)

Circuit Court Clerk

Jimmy Moore (R) (incumbent)

Steven Webster (D)

Carmichael Johnson (D)

Ricky W. Dixon (D)

Juvenile Court Clerk

Joy Touliatos (R)

Charles Marshall (D)

Sylvester Bradley (D)

Shep Wilbun (D)

Julia Roberson Wiseman (I)

Probate Court Clerk

Paul Boyd (R)

Sondra Becton (D)

Danny Kail (D)

Annita Sawyer Hamilton (D)

Peggy Dobbins (D)

Clay Perry (D)

Karen Tyler (D)

Shelby County Register

Tom Leatherwood (R) (incumbent)

Coleman Thompson (D)

Lady J. Swift (D)

Carlton Orange (D)

Shelby County Trustee

Regina Newman (D) (incumbent)

M. LaTroy Williams (D)

John Willingham (R)

Jeff Jacobs (R)

David Lenoir (R)

...

10. Panel Begins Inquiry into Financial Meltdown -

WASHINGTON (AP) - The chairman of a new congressionally appointed panel on Thursday pledged to deliver a no-holds barred investigation into last year's devastating economic collapse, including whether big financial firms and their government regulators were guilty of criminal misconduct.

11. Economists Weigh Bailouts’ Impact -

JACKSON, Wyo. (AP) – Do Washington policymakers listen too much to Wall Street? A possible bailout of Fannie Mae and Freddie Mac, on the heels of similar action involving investment firm Bear Stearns, seems to send a loud signal to financial companies that the government will clean up their messes.

12. Weak Rules Cripple Appraiser Oversight -

CHARLOTTE, N.C. (AP) - As soaring home prices set the stage for America's great housing meltdown, a critical step in making sure those home sales were a fair deal - the real estate appraisal - was undermined from within.

13. Mortgage Executives say Housing Price Decline Expected to Stretch Into at Least 2009 -

BOSTON (AP) - U.S. housing prices will continue to decline at least through the end of next year and may not begin creeping upward again until 2010, executives from the nation's biggest mortgage financiers said Monday.

14. From the Delta to the 'Burbs -

The word "covenant" means "a formal, solemn and binding agreement," according to Merriam-Webster's dictionary. Covenant Bank president Freddie Britt takes that meaning seriously.

He and bank CEO Willis Frazer christened their company with that moniker when they opened Covenant in October 2000 because they held lofty goals for the products and services they planned to deliver.

15. Archived Article: Tech Focus - Summer camp allows students to build computer, take home with them Camp students to build computer, take it home By SUE PEASE The Daily News Because Lashea Wests son Jeoffrey will enter high school next fall, her search for a summer camp changed dir...

16. Archived Article: Calendar - Calendar of events Jan Calendar of events April 8-April 14 April 8 The Shelby County Republican Women's Club invited 19 Republican County Commission candidates for districts 1, 3, 4 and 5 to speak at the club's meeting. The program begins at 11 a.m....

17. Archived Article: Calendar - Calendar of events Jan Calendar of events April 1-April 7 April 1 Consumer Credit Counseling Service hosts a free workshop on building a budget from 6 p.m. to 7:30 p.m. at CCCS main office, 2430 Poplar Ave. Call 323-4909, Ext. 1313. Mississippi Muse...

18. Archived Article: Community Bank Lj - By LAURIE JOHNSON DeSoto Countians to launch local bank By LAURIE JOHNSON The Daily News Three members of the DeSoto County business community, along with two bankers from other parts of Mississippi, have filed an application with the state to organ...

19. Archived Article: Real Fcs Nonc Loans - lj 10/5 cates Need Money? Bartlett Mortgage joins ranks of banks offering nonconforming loans Nonconforming loans offer "Band-Aid" to those with credit blemishes By LAURIE JOHNSON The Daily News Bartlett Mortgage Inc. has announced it now ...