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Editorial Results (free)

1. Anniversary of Yellow Fever Epidemic Shows Ongoing Need in Community -

St. Mary’s Episcopal Cathedral dean Andy Andrews joked with Margery Wolcott over the weekend that her Constance Abbey street ministry has lasted longer than lots of restaurants do at five years.

2. Events -

The American Federation of State, County and Municipal Employees holds the I AM 2018 “Mountaintop” Speech Commemoration Tuesday, April 3, from 6 p.m. to 9 p.m. at Mason Temple. The program will include Bernice King and Martin Luther King III, the children of Dr. Martin Luther King Jr.; ambassador Andrew Young; COGIC bishop Charles Blake; AFSCME president Lee Saunders; and other dignitaries. Seating at Mason Temple is by invitation only; overflow seating at Temple of Deliverance, 369 G.E. Patterson Ave., is available on a first-come, first-served basis. Visit iam2018.org.

3. MLK50 Events: A Roundup of Memphis Happenings -

Here's a selection of events in Memphis marking the 50th anniversary of the 1968 sanitation workers' strike and the assassination of Dr. Martin Luther King Jr. April 3 is the 50th anniversary of King’s last speech – the “Mountaintop” speech at Mason Temple, while April 4 is the 50th anniversary of his assassination on the balcony of the Lorraine Motel.

4. Coming Back -

Heavy machinery has been moving dirt around for a few months now on the E.H. Crump Boulevard lot that was once the site of the Fowler Homes public housing development. Leaders with the city of Memphis and the Memphis-based Church of God in Christ (COGIC) got around to the formalities Wednesday, Oct. 11, of breaking ground for construction of Mason Village – a $12.5 million development of 77 affordable townhomes on the site.

5. Mason Village Start Seven Years In The Making -

On a hot day in South Memphis, Charles E. Blake, the presiding Bishop of the Memphis-based Church of God in Christ looked through several chain link fences onto open land on both sides of Mason Street – the street named for COGIC founder Charles Mason – and said, “We’ve got space to grow – room to grow.”

6. Dream Season -

The Grizzlies had just defeated the rival Oklahoma City Thunder before a loud sellout crowd in The Grindhouse and Jerry “The King” Lawler had defended his Memphis championship wrestling belt, albeit with an assist from the Grizzlies’ crack game operations staff.

7. Clippers’ Bench Spells Trouble for Grizzlies -

The Los Angeles Clippers may or may not prove to be serious Western Conference title contenders. Count TNT analyst Charles Barkley as their No. 1 doubter, having called them “fool’s gold” and compared them to a pretty girl that steals your heart only for you to discover she is “dumb as a box of rocks.”

8. Levenger Leases Up EastPark IV -

A Delray Beach, Fla.-based specialty retail company is relocating its Memphis distribution warehouse within the Southeast submarket.

Levenger has inked 96,400 square feet in EastPark Distribution Center IV, 5265 Hickory Hill Road, bringing the 372,800-square-foot building to full occupancy. Levenger also has an operation at 3530 E. Raines Road.

9. Nichols Joins Spirco As Engineering Mgr. -

Matthew Nichols has joined Spirco Manufacturing as engineering manager.

Hometown: I currently live in Olive Branch. My hometown is Thaxton, Miss.

10. Winbranch Apartments Sell for $2.4 Million -

3595 Millbranch Road
Memphis, TN 38116
Sale Amount: $2.4 million

Sale Date: Sept. 7, 2010
Buyer: Winbranch Realty Partners LLC
Seller: LBUBS 2004-C4 Millbranch Road LLC
Loan Amount: $975,000
Loan Date: Sept. 7, 2010
Maturity Date: Sept. 1, 2011
Lender: The Leshum Group LLC

11. Ark. Voting Lawsuit to Move Forward -

LITTLE ROCK, Ark. (AP) — A lawyer representing three Garland County voters who want Tuesday's election results nullified said Wednesday he'll move forward with the suit, even though the county's votes aren't enough to change the outcome of the high-profile U.S. Senate race.

12. Stanford Receiver Wants Money Back from Advisers – Including Stanley -

The court-appointed receiver in charge of what remains of jailed Texas financier R. Allen Stanford’s business is going after money former Stanford advisers made from selling bogus certificates of deposit.

13. Local Advisers Named in Suit to Recover Stanford Money -

The court-appointed receiver who’s taken charge of the Stanford Financial Group’s business empire filed a lawsuit Wednesday in an attempt to recover more than $40 million Stanford paid 66 financial advisers. Five of the advisers are from the Memphis area.

14. Local Advisers Named in Suit to Recover Stanford Money -

The court-appointed receiver who’s taken charge of the Stanford Financial Group’s business empire filed a lawsuit Wednesday in an attempt to recover more than $40 million Stanford paid out to 66 financial advisers. Five of the advisers are from the Memphis area.

That group collectively has $1.6 million in compensation the receiver is looking to get back:

Jon Barrack: $241,751

Norman Blake: $233,858

Charles Brickey: $212,709

Chuck Hughes: $301,074

Scott Notowich: $679,932

Ralph Janvey, a Dallas attorney operating as Stanford’s receiver, is looking to recover Stanford assets and secure the company’s business operations and holdings. The money he’s seeking via the lawsuit was paid as commissions and other compensation for the sale of Stanford’s certificates of deposits.

Those CDs are at the heart of what the U.S. Securities and Exchange Commission believes is an $8 billion pyramid scheme. The SEC in February filed a civil complaint against Stanford, its chairman and two executives that, among other things, alleged the CDs were sold by promising inflated and near-impossible returns.

“Over just a two-year period, these financial advisers received commissions ranging in amounts from $2.6 million to $200,000, along with other incentive compensation, to promote the sales of CDs,” reads Janvey’s complaint filed this week in U.S. District Court for the Northern District of Texas.

Janvey contends the money is appropriate for him to recover because it was paid to Stanford employees who continued to bring new investors in to buy the company’s allegedly fraudulent products.

Stanford chairman R. Allen Stanford, chief financial officer James Davis and chief investment officer Laura Pendergest-Holt “kept their fraudulent scheme going by using the (financial advisers) to lure new investors,” the complaint reads. “The commissions, loans and other compensation paid to (the advisers) came not from revenue generated by legitimate business activities, but from monies contributed by defrauded investors.”

As part of its U.S. presence, Stanford operated a brokerage office in the East Memphis Crescent Center, and the company’s chief investment officer and chief financial officer at one time both worked there. The closure of Stanford’s Memphis office as a result of the broader investigation meant the loss of 50 jobs, according to information from the Tennessee Department of Labor and Workforce Development.

...

15. Commercial Real Estate Tumbles -

After a prolonged and prosperous ride, commercial real estate stumbled in the past year with no signs of regaining its balance anytime soon.

Just 998 commercial sales were made in Shelby County from August 2007 through July 2008, down 17.6 percent from 1,211 sales during the previous 12-month period, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com.

16. PBS' Smiley, Others Converge On Memphis to Honor MLK -

The eyes of the city and the nation are turning to Memphis this week to mark what will be the 40th anniversary Friday of the death of Dr. Martin Luther King Jr. The city is doing its part to promote the historic moment - and so are other people from around the country.

17. COGIC Expected to Infuse$35M Into Local Economy -      The Church Of God In Christ began its 100th annual convocation Monday with up to 70,000 members of the predominantly black Pentecostal denomination expected to take part in the weeklong gathering.
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18. Baker Donelson Names Roberts Pro Bono Attorney of the Year -

Baker, Donelson, Bearman, Caldwell & Berkowitz PC has named Kristine L. Roberts its Memphis Pro Bono Attorney of the Year. Roberts was honored for her work as a volunteer with the Attorney of the Day Courthouse Advice Clinic at the Shelby County Courthouse. She also is handling a case for Memphis Area Legal Services. Roberts serves on the Access to Justice Committee of the Memphis Bar Association and volunteers as a judge for educational mock trial events.

19. Commercial Advisors' Jensen Voted Commercial Broker of the Year -

Larry Jensen has received the 2005 Pinnacle Award for Commercial Broker of the Year from the Memphis Area Association of Realtors' Commercial Council. Jensen is president and CEO of Commercial Advisors LLC. He has more than 30 years of experience in real estate.

20. Archived Article: Memos - Promus Names Norman P Norman P. Blake Jr. has been named chairman, president and chief executive officer of Promus Hotel Corp. Blake is the former chairman, president and CEO of USF&G Corp. and former chairman and CEO of Heller International Cor...