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Editorial Results (free)

1. Case Against Dallas Officer Who Killed Neighbor Headed to Grand Jury -

DALLAS (AP) — The case against a white Dallas police officer who shot and killed a black neighbor in the neighbor's home will be presented to a grand jury, which could decide on more serious charges than manslaughter, the district attorney overseeing the case said Monday.

2. Powell Signals More Hikes Ahead If US Economy Stays Strong -

WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell signaled Friday that he expects the Fed to continue gradually raising interest rates if the U.S. economic expansion remains strong.

3. Retiring Stephen Bush Supports DOJ Continuing to Monitor Juvenile Court -

Stephen Bush, the chief public defender for Shelby County, said he supports the U.S. Department of Justice continued oversight over Juvenile Court, becoming the latest official to weigh in on the hotly debated issue.

4. Last Word: Kyle Anderson's Apartment Search, Tate vs. Robinson and Finding Capital -

Keedran Franklin, an activist who has been a visible part of the rise in local protests and other actions over the last two years or so is free on bond pending a first court appearance Monday morning after being arrested by Memphis Police on a variety of misdemeanor and felony charges Friday night.

5. Sheriff's Office Seeks Legal Review of New State Law on Immigration -

Outgoing Shelby County Sheriff Bill Oldham said Monday, May 21, he will rely on the county attorney’s office for any changes in how sheriff’s deputies and jailers deal with immigrants when a new state law takes effect in 2019.

6. Waffle House Hero Raises More Than $225,000 for Victims -

NASHVILLE, Tenn. (AP) – A man being hailed as a hero for wrestling an assault-style rifle away from a gunman at a Tennessee Waffle House has raised more than a quarter of a million dollars for the victims.

7. Last Word: About The Election Turnout, Luttrell's Last Budget and Gold Records -

It turns out election turnout in Tuesday’s county primary elections was up from the same election cycle four years ago – almost 19,000 more voters – a 14.9 percent turnout if you only go by the number of “active” voters – 13.4 percent if you go with combined active and “inactive”. Yes, when last we met, I said it was a decrease from 2014. It’s not. And here is how that happened.

8. Waffle House Suspect: Erratic Behavior Years Before Shooting -

NASHVILLE, Tenn. (AP) – Travis Reinking's erratic behavior began years before police say he showed up without pants at a Waffle House restaurant and killed four people with an assault-style rifle.

9. Lawmakers Honor Man Hailed as Hero in Waffle House Attack -

NASHVILLE, Tenn. (AP) – The man who snatched an AR-15 rifle away from a gunman at a Tennessee restaurant told Tennessee lawmakers Tuesday he faced "the true test of a man," drawing a standing ovation during his brief address.

10. Opioid Litigation, FedExForum NonCompete Top Local Law Developments -

Here are some of the legal issues making news in recent months.

NASHVILLE, Tenn. (AP) – Tennessee Attorney General Herbert Slatery says lawsuits by local prosecutors over the opioid epidemic are complicating his efforts to reach a multistate settlement with drug companies. In response, the prosecutors, who represent about half of Tennessee's counties, say local communities lose out when lawsuits like theirs are rolled into one settlement.

11. Last Word: Hardaway Day, 'Our Turn' and Elvis Documentary Takes on Col. Parker -

By the time Penny Hardaway is formally announced as the new Tigers basketball coach Tuesday morning at 11 a.m. the reaction could make you wonder what is going to be left by the time the first Tigers team led by Hardaway takes the court next season. Among those reacting Monday to the word of a contract agreement between Hardaway and the University was none other than LeBron James tweeting about the Tigers possible choices of footwear.

12. Big Pay Gains for US Workers Contribute to Wall St. Sell-Off -

WASHINGTON (AP) – Pay raises, the U.S. economy's Achilles' heel in its long recovery from the Great Recession, finally showed signs of accelerating last month – a trend that fanned inflation fears and sent bond yields rising and stocks sinking.

13. Humane Society Names Davis 2018 Board President -

Ted Davis has been named 2018 president of the board of directors for the Humane Society of Memphis and Shelby County. Davis, who is a wealth adviser for Regions Bank, joined the humane society board in December 2015. His first priority was a campaign inspiring adopters to become donors, which led him to being the Paw Prints Gala committee chair in 2017.

14. Final Goodbye: Roll Call of Some Who Died in 2017 -

They made music that inspired legions of fans. Rock 'n' roll founding fathers Chuck Berry and Fats Domino, rockers Tom Petty and Gregg Allman, grunge icon Chris Cornell, country superstar Glen Campbell and jazz great Al Jarreau were among the notable figures who died in 2017, leaving a void in virtually every genre of music.

15. In Historic Change, Boy Scouts to Let Girls in Some Programs -

NEW YORK (AP) – Embracing a historic change, the Boy Scouts of America announced Wednesday plans to admit girls into the Cub Scouts starting next year and to establish a new program for older girls using the same curriculum as the Boy Scouts.

16. Last Word: Collierville's New School, New Cops and Z-Bo's Bust -

Collierville Schools superintendent John Aitken knew the crowd at the Collierville Chamber of Commerce Wednesday wanted to see how the city’s new $90 million high school was coming along a year before its scheduled opening. And he brought plenty of aerials to show the progress. But Aitken also came to talk about what is to happen in the new Collierville High School once the construction is done.

17. Last Word: Bakery Questions, Komen Name Change and the Price of A Run For Gov. -

City Hall opens a set of four public meetings on the Fairgrounds Thursday evening at 5 p.m. at the Salvation Army Kroc Center to start the movement again toward another master plan for Fairgrounds redevelopment. And it’s hard to tell at the outset what this will look like because there are so many possibilities. There are also so many fault lines in these discussions.

18. City Council Pushes Back at Administration -

Sometimes there are seven votes. Other times there aren’t. But Memphis City Council debates increasingly point to different thoughts about the city’s course as outlined by the administration of Mayor Jim Strickland.

19. City Council Approves DROP Freeze, Delays Stormwater and Sewer Fee Votes -

The city has its third voluntary freeze on retirements in two years with a Tuesday, June 20, vote by the Memphis City Council. But it came after lots of council debate about whether the freeze might have the opposite overall effect of stabilizing the Memphis Police force at the top for future growth in the ranks below or whether it will prompt the middle ranks to exit quicker if they can’t rise in the ranks.

20. Last Word: Game Day In San Antonio, Gas Tax Compromise and Democrats Talk -

Shelby County Commissioner Justin Ford is out on bond after being charged Monday with domestic violence assault and false imprisonment. And the Shelby County Commission does not appear to have a precedent for taking any kind of action until the charges are resolved one way or another although commission chairman Melvin Burgess is exploring that with attorneys.

21. Strickland Calls For Review of City Hall Escort List -

Memphis Police Director Michael Rallings is reviewing a list of 81 citizens who cannot come to City Hall without a police escort to wherever they are going in the building after Memphis Mayor Jim Strickland requested the review Saturday, Feb. 18.

22. Strickland Calls For Review of City Hall Escort List -

Memphis Police Director Michael Rallings is reviewing a list of 81 citizens who cannot come to City Hall without a police escort to wherever they are going in the building after Memphis Mayor Jim Strickland requested the review Saturday, Feb. 18.

23. Strickland Calls For Review of City Hall Escort List -

Memphis Police Director Michael Rallings is reviewing a list of 81 citizens who cannot come to City Hall without a police escort to wherever they are going in the building after Memphis Mayor Jim Strickland requested the review Saturday, Feb. 18.

24. Coalition Calls For Graceland Protest -

The Coalition of Concerned Citizens is calling for a “massive, nonviolent peaceful protest of direct action” Monday, Aug. 15, at Graceland in advance of the annual candlelight vigil marking the anniversary of Elvis Presley’s death.

25. Does Tennessee Have its Swagger Back? Vols Say it Never Left -

HOOVER, Ala. – This spring, senior linebacker Jalen Reeves-Maybin walked into the office of Tennessee head coach Butch Jones and asked permission to show the team a video he put together.

Jones didn’t even ask to preview the video, just gave Reeves-Maybin the go-ahead to run his 25-point presentation. Reeves-Maybin easily could have made this a highlight reel of himself. After all, he led the team with 105 tackles and 14 tackles for loss, plus had six sacks and forced and recovered two fumbles.

26. George Lapides: One of a Kind -

Almost every George Lapides story, at least for those of us working in Memphis sports media, begins with those first impressions after arriving in town.

His town.

Seeing George take over an interview or a press conference and putting on his own full-court press when the subject was trying to skate by with lame, say-nothing answers.

27. Strickland Adds Forces to Combat Rising Crime in Memphis -

There is violent crime in Memphis and then there are the homicides – the murders.

Homicide is a violent crime.

But Memphis Mayor Jim Strickland made a distinction between it and other violent crimes Monday, June 6, in what looked to be the start of a more visible anti-crime strategy that will include the Tennessee Highway Patrol and Shelby County Sheriff’s Office.

28. Grinding Recovery -

Michael Drury is watching the current U.S. presidential season with a combination of professional detachment and an air of resignation.

Detachment, because part of his job as chief economist at Memphis-based McVean Trading & Investments is to keep abreast of what makes economies around the world tick. Part of that, of course, means at least some degree of focus on the man – or, possibly a few months from now, the woman – who sits astride the dominant global economy.

29. Last Word: The Zoo's Proposal, Health and Ed In Limbo and Annexation's Effect -

A busy weekend on several fronts not the least of which was Overton Park and the Greensward controversy.
The Greensward itself was pretty subdued on a chilly Saturday.
The action was to be found in an email the zoo sent out Saturday making some proposals and offering some thoughts on the traffic and parking study the Overton Park Conservancy released last week.
Here is our summary
of what the zoo is offering in what may be a new effort in the public discussion.
Of course, the private discussion which is the mediation effort continues. But it sounds like some of the mediation discussions may be finding their way into the public discussion.
The public discussion has been sporadically active but very muted so far. For instance there has been talk before of zoo parking on the eastern side of the park in what until recently was a city maintenance yard.
The proposal by the zoo was shot down pretty quickly because it included running a tram through the Old Forest.
But there are some scenarios that wouldn’t take such a tram through the Old Forest.
The zoo email from Saturday isn’t specific on how the folks who would park at the maintenance yard would get from there to the zoo.
Presumably that is grounds for some type of discussion.

30. Suspect in Memphis Officer's Death Says He's No Coward -

MEMPHIS, Tenn. (AP) – The man accused of killing a Memphis police officer had a few words for the department's director when he turned himself in, ending a manhunt that dragged on for two days.

31. Dr. J, a Luxury Car Dealer and a Swindle -

The day before he pleaded guilty to fraud charges in Memphis federal court, Michael G. Brown got a phone call from Julius “Dr. J” Erving.

Erving wanted Brown’s advice on a Rolls Royce Wraith the NBA legend had test driven at an Atlanta luxury car dealership.

32. Fed Holds Steady on Rates, Seeks Further Economic Gains -

WASHINGTON (AP) — The Federal Reserve appears on track to raise interest rates later this year but signaled Wednesday that it wants to see further economic gains and higher inflation before doing so.

33. Memphis Mayoral Field Set at 10 -

Shelby County Election Commissioners have certified the Memphis election ballot for Oct. 8.

These are the names to appear on that ballot for the 15 elected offices.

The commission met hours after the noon Thursday, July 23, deadline for candidates to withdraw from the ballot if they wished.

34. ULI Fairgrounds Panel Has Busy Schedule -

A team of eight out-of-town planning experts has a busy week ahead as it wades into the simmering local debate about plans to recast the Mid-South Fairgrounds.

And the first hard copy of something the Urban Land Institute-assembled group is likely to get are the comments from four town hall meetings held in different parts of Memphis over two evenings last week.

35. This week in Memphis history: May 22-28 -

2014: Morrissey plays The Orpheum.

1994: Lisa Marie Presley weds Michael Jackson in a marriage announced weeks later. During Elvis Week in August, the marriage spawns unfounded rumors that the couple will close Graceland to the public. At a fan club forum, Graceland CEO Jack Soden fields questions about whether gift shops in the plaza will sell Michael Jackson souvenirs alongside Elvis Presley souvenirs. The marriage lasts four years, during which the couple attends an Elvis tribute concert at The Pyramid.

36. County Budget Season Reflects Priorities, Angst -

It’s that time of year in Downtown’s Civic Center Plaza.

In late April, May and into June, the budget committee sessions of the Memphis City Council and Shelby County Commission become the stage for the priorities – political and financial – of both bodies.

37. Former Miami Mayor Diaz to Speak in Memphis -

In his forward to former Miami mayor Manny Diaz’s book “Miami Transformed,” Michael Bloomberg said Diaz will go down in history as one of the country’s most innovative urban leaders.

38. Fear of Trying -

The most complicated move in ballroom dancing is often the step that gets you through the dance studio’s front door.

Television shows like, “Dancing with the Stars’’ and “So You Think You Can Dance’’ are wildly popular and have contributed to a renewed interest in the glamourous art (skill? sport?) of ballroom dancing, but those high-energy, competitive programs or a movie like “Dirty Dancing’’ can also intimidate people and keep them glued to the couch.

39. A Long And Winding Road -

Pennsylvania Hospital, the first hospital, was founded in 1751 by Dr. Thomas Bond and Benjamin Franklin in order to “care for the sick-poor and insane who were wandering the streets of Philadelphia.”

40. US Companies Eager to Embrace Cuba Face Hurdles -

WASHINGTON (AP) – Cargill aims to sell more corn and soybeans. MasterCard covets another site for Americans to swipe credit cards. Marriott sees beachfront property that needs hotels.

And outside Orlando, Florida, Danny Howell just knows there would be demand for his classic Chevrolet parts.

41. Fed Ends Bond Buying and Cites Brighter Job Market -

WASHINGTON (AP) – The Federal Reserve cited an improving economy Wednesday as it ended its landmark bond-buying program and pointed to gains in the job market – a key condition for an eventual interest rate hike.

42. Midnight Lunch: Innovation Insights -

Sarah Miller Caldicott, the grandniece of Edison and CEO of Power Patterns of Innovation, presents “Midnight Lunch: Building an Innovator’s Toolkit for Success.”

What was Edison’s execution process?

43. Sales Tax Hike Clears First Hurdle -

After lingering for several weeks as the politically charged environment at City Hall has subsided some, the idea of a city sales tax hike to restore funding for health insurance cuts to city employees and retirees is moving. But it may not get very far.

44. Malone to Challenge Luttrell In August Mayoral Showdown -

Former Shelby County Commissioner Deidre Malone will challenge incumbent Shelby County Mayor Mark Luttrell in the August county general election after winning the Tuesday, May 6, Democratic mayoral primary.

45. Brown’s Complex Contempt Case Moves Forward -

Former Criminal Court Judge Joe Brown’s actions in Memphis-Shelby County Juvenile Court in March will live on in court past the May county primaries and into the campaign season as Brown prepares to challenge incumbent District Attorney General Amy Weirich in the August general election.

46. Thawing Out: Warmer Temperatures Lift US Economy -

WASHINGTON (AP) – Spring's thaw is reviving the economy, too.

A recent batch of government and business reports show a U.S. economy emerging from winter's deep freeze.

Economists had expected the growth to accelerate in 2014 after two years of slow and steady improvement. But an unusually bitter winter sent factories, hiring and consumer spending into hibernation.

47. US Consumer Prices Tick Up Just 0.1 Percent -

WASHINGTON (AP) – Cheaper energy kept U.S. consumer prices in check last month, despite a big rise in the cost of food, the latest sign that inflation is tame.

The consumer price index rose 0.1 percent in February, matching January's increase, the Labor Department said Tuesday. In the past 12 months, prices have risen just 1.1 percent, down from 1.6 percent in January and the smallest yearly gain in five months.

48. Roland ReElected At Filing Deadline, Two Countywide Races Set For August -

One of the six Shelby County Commission incumbents seeking re-election this year was effectively elected to a new four-year term in a new district with the noon Thursday, Feb. 20, filing deadline for candidates in the May county primaries.

49. Surprisingly Weak Jobs Report Puzzles Economists -

WASHINGTON (AP) – It came as a shock: U.S. employers added just 74,000 jobs in December, far fewer than anyone expected. This from an economy that had been adding nearly three times as many for four straight months – a key reason the Federal Reserve decided last month to slow its economic stimulus.

50. Wilkins Pulls Petition to Challenge Cohen -

Attorney Ricky E. Wilkins has pulled a qualifying petition to run in the August Democratic primary for the 9th Congressional District.

Wilkins would be challenging U.S. Rep. Steve Cohen in the primary, something Wilkins began considering last year.

51. Wilkins Pulls Petition to Challenge Cohen -

Attorney Ricky E. Wilkins has pulled a qualifying petition to run in the August Democratic primary for the 9th Congressional District.

Wilkins would be challenging U.S. Rep. Steve Cohen in the primary, something Wilkins began considering last year.

52. AP Survey: US Income Gap is Holding Back Economy -

WASHINGTON (AP) – The growing gap between the richest Americans and everyone else isn't bad just for individuals.

It's hurting the U.S. economy.

So says a majority of more than three dozen economists surveyed last week by The Associated Press. Their concerns tap into a debate that's intensified as middle-class pay has stagnated while wealthier households have thrived.

53. The Economy in 2013: Naughty and Nice -

Thanks to the Federal Reserve’s dedication to increasing your net worth, 2013 will go down as one of the most prosperous years on file. Stock prices have increased more than 20 percent and U.S. home prices have increased nearly 15 percent. These gains hit national headlines, but the gains for back-page asset classes are equally impressive.

54. Twitter Tunes in to TV Partnerships Ahead of IPO -

NEW YORK (AP) – People don't just watch TV anymore; they talk about it on Twitter. From the comfort of couches, they share reactions to touchdowns and nail-biting season finales – and advertisers and networks are taking note.

55. SEC Moves Toward Mandate on CEO-Worker Pay Gap -

WASHINGTON (AP) – Public companies would have to show the difference in pay between their CEOs and ordinary employees under a proposal advanced by federal regulators.

The Securities and Exchange Commission voted 3-2 Wednesday to propose a rule that would compel companies to report that information publicly. Companies would have to report the ratio between their chief executive's annual compensation and the median, or midpoint, pay of employees.

56. Minutes of Fed Policy Meeting Show Sharp Divisions -

WASHINGTON (AP) – Federal Reserve officials seem far from a consensus on the question that's consumed investors for months: When will the Fed slow its bond purchases?

Minutes of their June policy meeting show many members felt the job market's improvement would have to be sustained before the Fed would scale back its bond purchases, which have fueled spending and growth, lifted stocks and kept mortgage rates near record lows?

57. Tennessee Receives B for Manufacturing -

Tennessee is a strong manufacturing state, but limited by the relatively low level of educational achievement, according to a new report from Ball State University.

The 2013 Manufacturing and Logistics Report Card, an in-depth analysis from Ball State’s Center for Business and Economic Research (CBER), grades all 50 states on factors that lead to success.

58. Tennessee Receives B for Manufacturing -

Tennessee is a strong manufacturing state, but limited by the relatively low level of educational achievement, according to a new report from Ball State University.

The 2013 Manufacturing and Logistics Report Card, an in-depth analysis from Ball State’s Center for Business and Economic Research (CBER), grades all 50 states on factors that lead to success.

59. US Consumer Prices Rise Just 0.1 Percent in May -

WASHINGTON (AP) — U.S. consumer prices rose slightly last month, as higher energy costs partly offset cheaper food. The small increase is further evidence that consumers are benefiting from mild inflation.

60. Rising Home, Stock Prices Boost US Confidence -

WASHINGTON (AP) — Americans are more confident in the U.S. economy than at any point in the past five years, thanks to surging home values, a brighter job market and record-setting stock prices.

61. Beebe: Working Quickly to Pick New Arkansas Treasurer -

LITTLE ROCK, Ark. (AP) – Arkansas Gov. Mike Beebe said Wednesday he hopes to name a replacement in the next several days for the state treasurer, who resigned over accusations she took cash bribes from a bond broker.

62. In Need of Relief -

Perhaps it is only too appropriate that baseball is played without a clock. For securing the future of the Memphis Redbirds may require extra innings, not to mention extra effort.

The ballpark was on the leading edge of revitalizing Downtown when it opened in 2000 at Third and Union. This, of course, was “B.G.” in Memphis – Before the Grizzlies. Also, before FedExForum. The city was ready for something big and bold – something that showed Memphis could overachieve, not underachieve.

63. Fed Unveils Bold, Open-Ended Steps to Aid Economy -

WASHINGTON (AP) – The Federal Reserve unleashed a series of bold and open-ended steps Thursday designed to stimulate the economy by boosting the stock market and making it cheaper for people to borrow and spend.

64. New Welfare Restrictions Target Booze, Tattoos -

BOSTON (AP) — Taking aim at what they call an abuse of the taxpayers' money, a growing number of states are blocking welfare recipients from spending their benefits on booze, cigarettes, lottery tickets, casino gambling, tattoos and strippers.

65. Fed Survey: Growth, Hiring Slowed in Parts of US -

WASHINGTON (AP) — The U.S. economy expanded modestly in June and early July, but growth and hiring slowed in several parts of the country. The key findings of the Federal Reserve survey echoed the gloomier outlook that Chairman Ben Bernanke offered to Congress this week.

66. US Employers Still Waiting for Sales to Pick Up -

WASHINGTON (AP) – The U.S. economy suddenly looks a lot weaker.

Only 69,000 jobs were added in May, the fewest in a year, and the unemployment rate rose from 8.1 percent to 8.2 percent.

67. JPMorgan Loss Sets Off Call for Heavier Regulation -

WASHINGTON (AP) – A surprise $2 billion trading loss by a division of JPMorgan Chase triggered calls Friday for tougher regulation of banks three years after their near-death experience in the financial crisis.

68. Bernanke: Weak Housing has Hurt Consumer Spending -

WASHINGTON (AP) – Ben Bernanke said declines in home prices have forced many Americans to cut back sharply on spending and warned that the trend could continue to weigh on the U.S. economy for years.

69. MF Global's Dive Shows Few Changes on Wall Street -

WASHINGTON (AP) – After countless new rules designed to make Wall Street safer, it's come to this: Another securities firm has collapsed from risky, poorly disclosed bets.

Not enough, in other words, has changed since the U.S. financial system nearly toppled three years ago.

70. Bernanke is Tolerating Dissent but Pushing Past It -

WASHINGTON (AP) – For someone known as a consensus builder, Federal Reserve Chairman Ben Bernanke sure generates – and shrugs off – a lot of dissent.

Bernanke last month pushed ahead with a plan to keep short-term interest rates near zero through mid-2013 despite three dissenting votes on the Fed's policy-making committee. For decades, the Fed's culture, and sometimes its strong-willed chiefs, have normally capped dissents at two.

71. Higher Durable-Goods Orders Ease Economic Worries -

WASHINGTON (AP) – A surge in demand for autos and aircraft drove orders for long-lasting manufactured goods higher in July, easing fears that the U.S. economy might be on the verge of another recession.

72. Office Art -

When Stacy McCall, president of ServiceMaster by Stratos, walked into the Memphis College of Art’s South Main Street graduate school on its opening day, she didn’t realize she’d be making a business deal.

73. Fed to Meet at a Time of Widening Economic Risks -

WASHINGTON (AP) — Higher oil and food prices. Unemployment near 9 percent. Crises in the Middle East and Japan.

The U.S. economy faces threats at home and abroad that have the potential to dull growth or stoke inflation. Or both.

74. Fed to Review $600B Bond-Buying Program at Meeting -

WASHINGTON (AP) – After launching a much-criticized $600 billion bond-buying program last month to bolster the economy, the Federal Reserve is now taking stock of how it's working.

Fed Chairman Ben Bernanke and his colleagues gathered Tuesday morning for their last scheduled meeting of 2010, and no policy changes are expected.

75. GOP Economists Criticize Fed's Bond-Purchase Plan -

WASHINGTON (AP) – Federal Reserve Chairman Ben Bernanke's plan to rejuvenate the economy by having the Fed buy $600 billion in Treasury bonds is coming under renewed attack – this time from fellow Republican economists.

76. Fallout Over Morgan Keegan Funds Continues -

After losing a $7.1 million arbitration claim last month against Morgan Keegan & Co., the lawyer for a group of investors that includes the former chairman of the U.S. Chamber of Commerce is preparing to renew the fight against the Memphis firm in Shelby County Chancery Court.

77. SEC Halts Alleged $34M Ponzi Scheme -

WASHINGTON (AP) — The government said Friday it obtained a court order to halt an alleged $34 million Ponzi scheme targeting federal employees and law enforcement agents nationwide with promises of safe investments in a nonexistent bond fund.

78. Son Tries to Succeed Father In Criminal Court Run -

For 20 years, the elections for Criminal Court clerk have been among the hardest fought clerks' races in the county.

In 1990, Bill Key, a Juvenile Court administrator and former high school football coach, challenged incumbent Minerva Johnican in what was then a nonpartisan race.

79. Three Cops Indicted In Nightclub Payoff Case -

Three Memphis police officers arrested on federal bribery, extortion and conspiracy charges have been indicted by a federal grand jury.

Lt. Timothy Green and patrol officers Christopher Crawford and Michael Young are now charged in a 53-count indictment with theft or bribery, extortion and conspiracy.

80. UPDATE: Three Cops Indicted In Nightclub Payoff Case -

Three Memphis police officers arrested on federal bribery, extortion and conspiracy charges have been indicted by a federal grand jury.

Lt. Timothy Green and patrol officers Christopher Crawford and Michael Young are now charged in a 53-count indictment with theft or bribery, extortion and conspiracy.

81. CIT Won't Get Bailout, Raising Bankruptcy Prospect -

WASHINGTON (AP) - CIT Group Inc. shares tumbled more than 70 percent Thursday as its inability to get emergency government funding raised expectations that the commercial lender will file for bankruptcy protection.

82. At Citi's Annual Meeting, Shareholders Get Angry -

NEW YORK (AP) - The anger was evident at Citigroup Inc.'s annual meeting, where all nominated directors were elected but shareholders took turns at the microphone to vociferously object to the bank's performance over the past year.

83. Citigroup Nominates New Independent Directors - Citigroup has nominated four new independent directors – including two former bank chief executives and two other financial experts – to stand for election at its annual meeting in April.

The announcement Monday comes as part of a continuing shuffling of the troubled bank’s board. Its shares climbed more than 30 percent.

Investors have long criticized Citigroup’s board for allowing the bank to make so many investments in the risky housing market – actions that have led to the bank reporting five straight quarterly losses.

Richard Parsons, who took over as chairman last month, has said he planned to look for people with proven business judgment and experience in the financial sector to replace retiring directors overseeing the company.

The board currently has 15 directors, three of whom previously announced they will not stand for re-election and two of whom will be of retirement age by the time of the shareholder meeting.

The candidates are Jerry A. Grundhofer, Michael E. O’Neill, Anthony M. Santomero and William S. Thompson Jr.

Grundhofer, 64, is chairman emeritus and former chairman and CEO of U.S. Bancorp; O’Neill, 62, is former chairman and CEO of Bank of Hawaii; Santomero, 62, most recently served as a senior adviser at McKinsey & Co. and is the former president of the Federal Reserve Bank of Philadelphia; and Thompson, 63, is the former CEO of bond investment manager Pimco.

With the election of the four candidates, Citigroup would have 14 board members. The bank says the board also will consider future additions.

Parsons, the former head of Time Warner Inc., is one of the few Citigroup directors with experience in banking and leading a large company. Before joining Time Warner in 1995, Parsons served as chairman and CEO of Dime Bancorp Inc., one of the largest U.S. thrift institutions. Parsons also was an economic adviser on President Barack Obama’s transition team.

The three directors who have already announced they will depart from the board are Roberto Hernandez Ramirez, the chairman of Citi’s Mexican banking operations; Robert Rubin, a former U.S. Treasury secretary who was a longtime Citigroup board member; and Win Bischoff, most recently chairman at Citigroup. Ramirez said he will not stay on the board beyond his current term, while both Rubin and Bischoff have announced their retirement from the bank.

After suffering a loss of $8.29 billion in the fourth quarter, Citigroup announced it would reorganize into two units, Citicorp and Citi Holdings. The first will focus on traditional banking, while the second will hold the company’s riskier assets and tougher-to-manage ventures. In addition to receiving billions in government support, plus federal guarantees to cover losses on risky investments, the New York-based bank has agreed with the Treasury Department on a deal giving the government up to a 36 percent stake.

...

84. Report: Citi May Nominate Ex-Bank CEOs to Board -

NEW YORK (AP) - Citigroup Inc. will likely nominate two former bank chief executives and two other financial experts to be directors as part of a shuffling of the embattled bank's board, according to a media report.

85. U of M’s Heath Given Distinguished Teaching Award -

Dr. Julia Heath, professor of economics at the University of Memphis, has been honored with the Kenneth G. Elzinga Distinguished Teaching Award by the Southern Economic Association.

86. Detroit Automakers' Rescue Stalls in Senate -

WASHINGTON (AP) - A plan to give troubled U.S. automakers billions of dollars in government-backed loans is on life support, leaving the fate of hundreds of thousands of workers and Detroit's once-venerable car companies hanging in the balance.

87. Corporate Bond Rates Keep Rising, Portend Defaults -

NEW YORK (AP) - The recent decline in bank-to-bank lending rates is having no effect on corporate bonds, which continue to plunge in value – a sign that the market believes more loan defaults and a wave of bankruptcies are ahead for U.S. companies.

88. Events -

The Memphis Regional Chamber will hold its Metro Business Council Breakfast today from 7:30 a.m. to 9 a.m. at The Crescent Club, 6075 Poplar Ave. The topic is “Leveraging Your Business with Technology.” Cost is $20 for members and $30 for prospective members. For reservations, contact Ericka Milford at 543-3518 or emilford@memphischamber.com.

89. Events -

The Engineers’ Club of Memphis Inc. will hold its weekly luncheon today at noon at the Holiday Inn-University of Memphis, 3700 Central Ave. Paul Gavin of Contech Construction Products will speak on “Giogrid” Geotextiles. Cost is $12.

90. Cooper’s Foibles on Display During Ford Trial -

Once the jury in the federal corruption trial of former Memphis City Council member Edmund Ford Sr. finished watching the recordings that are the centerpiece of the case this week, they got to know a lot more about the government informant behind the camera.

91. Jurors Get Closer Look At Ford Recordings -

Jurors in the federal corruption trial of former Memphis City Council member Edmund Ford Sr. got their first look Wednesday at recordings of Ford taking money from the government’s informant in the case.

92. Cooper Testifying In Ford Trial -

Former Shelby County Commissioner Joe Cooper will continue his testimony Wednesday in the federal corruption trial of former Memphis City Council member Edmund Ford Sr.

Cooper, who took the witness stand late Tuesday afternoon, is the key government witness in the trial which is expected to last all of this week. When he met with Ford between August and November 2006, Cooper was cooperating with the FBI, recording the conversations and passing money provided by the FBI to Ford.

93. Events -

Rhodes College will present its 21st annual Institute on the Profession of Law today from 8 a.m. to 12:30 p.m. in the Bryan Campus Life Center Ballroom on the Rhodes campus. David Luban, the Frederick J. Haas Professor of Law and Philosophy at Georgetown Law School, will be the keynote speaker.
A panel of experts also will be in attendance. Tuition for one person is $325. Attorneys may register by calling the Meeman Center at 843-3965.

94. Events -

Women on the Move will host a luncheon today at 11:30 a.m. at The Crescent Club, 6075 Poplar Ave., ninth floor. My Harrison, special agent in charge of the FBI Memphis field office, is the featured speaker. The cost is $19.50 per person. For reservations, call 684-1010.

95. Archived Article -

8580 Tournament Drive
Memphis, TN 38125
Sale Amount: $3 million

Sale Date: Nov. 30, 2007

Buyer: Heico Holding Inc.

96. City Trust Fund Would Cover Benefits To Future Retirees -

David Manning, chief financial officer for Nashville's metro government, told Governing Magazine earlier this year that a new set of governmental accounting rules effectively has forced the city to slap about $2 billion in red ink onto its books.

97. Forest Hill Owner In Contempt Again -

Forest Hill Cemeteries and Funeral Home owner Clayton Smart has the money to hire attorneys to represent him on criminal charges. But that doesn't mean he's likely to get out of jail anytime soon.

98. Annexations Keep City Schools Busy -

Like a small crew of watchmen plugging gaps in a leaky dike, the Memphis City Schools Board of Education has its hands full managing a daunting to-do list.

The challenges are so pressing, in fact, that a group of school board staff walked into a committee meeting in the Shelby County Administration Building Thursday with an urgent plea. To fulfill its foremost capital projects obligations, the school system is asking for $126 million from the county over the next five years.

99. Ford Sentenced To Five Years And Six Months -

Former state Sen. John Ford was sentenced Tuesday to five years and six months in prison for taking $55,000 in bribes from undercover FBI agents in the main chapter of the Tennessee Waltz corruption sting.

100. Namer Up for Re-Sentencing Today -

The largest securities fraud case ever brought in Memphis federal court returns to a courtroom today for the re-sentencing of its key player – David Namer.

U.S. District Judge Bernice Donald sentenced Namer in 2003 to 29 years and two months in prison nine months after a jury convicted him of 93 counts of conspiracy, securities fraud, mail fraud, wire fraud, tax evasion and money laundering.