Chase Alumni: Araten on the Wrong REIT + CAA Subway Series Tix

 
 
 
Dear Reader,
(# Indicates new articles or articles that have added content.)
 
Happy Father's Day to all celebrating! Here's a great Father's Day gift for Mets and Yankee fans:
# Tickets are now on sale for the  seats we reserved for the Subway Series game to be played at CitiField on Friday, September 10, 2021. You must be a dues-paying CAA member to buy tickets, and each member may buy up to four seats. Click here for details and for the purchase link. They're great seats at a great price, and we think they'll go quickly. As of now, you must be fully vaccinated for seats in this section but you will not be required to wear a face mask. Of the 40 seats we reserved, 23 remain as of Sunday afternoon, June 20.
 
 LIFE AFTER CHASE                                                                        
 
Read about the other two (or is it three and counting?) careers of Robert Aberlin, and learn how some Chase connections led from one thing to another in film, the dance world and education. Jim Adamson commented on the story, adding a great anecdote...worth a read!
 
 
 
The Extroverted Economist: A risk analyst at Chase for five years in the 1980s for the Sub-Saharan Africa desk, Bob Graboyes is now an expert in health care economics and the use of technology in health care. His heart, though, is in the music he composes.
 
 
 
NEWS & EVENTS (PAST AND FUTURE)                                           
 
#  CONTEST: Where will JPMorgan Chase stock (JPM) be at the close of the second quarter 2021? The contest is now closed, with a winner to be announced on July 1, 2021.
JPM stock closed on March 31, 2021 at 152.53; our
participating alumni's guesses for the June 30 closing price ranged from 135.215 to 182.75, with a median of 161.15.      On May 14–half way through the second quarter–JPM was $164.01 per share.
On June 18, after a particularly bad week, it closed at $147.92. Two weeks to go!
 
As first reported by Michael Young in New York YIMBY, demolition of JPMorgan Chase's headquarters building, 270 Park Avenue, is nearly complete. Click here for the story and numerous photos of the demolition. "Recent photos show the former headquarters reduced to a couple remaining sections of steel framework. The photographs really give a sense of how many layers there were to the demolition process and the building itself from the steel, concrete and rebar, cinder block walls, metal decking, and wiring," Young wrote. 
 
 

Jamie Dimon's letter to shareholders in the 2020 Annual Report addresses the following:

  • The Corporate Citizen: The Purpose of a Corporation
  • Lessons from Leadership
  • Banks’ Enormous Competitive Threats — from Virtually Every Angle
  • Specific Issues Facing Our Company
  • COVID-19 and the Economy
  • Public Policy. American Exceptionalism, Competitiveness and Leadership: Challenged by China, COVID-19 and Our Own Competence
Want to discuss it? Send comments to news@chasealum.org.
From Mark Kaufmann: Jamie's letter should be sent to every member of Congress. The bipartisan committees and working groups should make it required reading. It is a road map for re-imagining Democracy's survival.
 
We have put together a compendium of past CAA events,   with links to photos (viewable only by dues-paying   CAA members). Of course, none of us has aged in these photos
(from 2005 to 2020). Until we meet again in person!
 
The alumni trip to Croatia/Italy has been postponed to October 2022. More information has been sent directly to registrants. 
 

CHEM/CHASE...MHT/CHEM...HERITAGE/ MERGER MEMORIES   

Please continue sending your story ideas, essays and images regarding the banks and the merger to news@chasealum.org.  
 
# Object of the Week Ad from 1971.
 
 
 
 
(Happy) 25th Anniversary! March 31, 2021 was the 25th anniversary of the Chemical Bank-Chase Manhattan merger. Click here and here to see how the merger was covered in the media a quarter century ago.
 
 
In the Room Where It Happened: Special thanks to former JPMorgan Chase Vice Chair Don Layton for a superb article,  The Merger Name Game, with insights into why Chemical's name outlasted Manufacturers Hanover, Chemical gave way to Chase and JPMorgan Chase wasn't named Chase Morgan.
 
 
 
 
 
 
 
MOMENTS IN BANK HISTORY                                                          
 
# Read a brief history of the (brief) Chase REIT,
from Mich Araten.
 
 
 
 
 
 
 
 
Christmas in May: Thank you to Ann Turner-Maynard (nee Miller). for scanning the Christmas 1989 issue of the Chase UK Network newsletter. You may see some familiar names in it.
 
 
 
 
 
 
Keith Wheatley isn't strictly a Chase alumnus, but he was the "Plant Man" and "Flower Man" at Woolgate House in the 1980s and 1990s. He hopes his recollections will trigger some others. (The photo is of him from around that era.)
 
Woolgate House #2: Another image has been added, of a sculpture in the courtyard.
 
 
Eugene Ret writes about the implications on consumer privacy when the Glass Steagall Act was repealed and Chase Manhattan's response.
 
 
 
 
 
 

Click for a master index to images of memorabilia we've gathered recently, from Manufacturers Hanover Trust,    Chemical Bank and Chase Manhattan. 

 
 
 
 
 
  IN MEMORIAM                                                                                  

In Memoriams: Please send remembrances to news@chasealum.org

# A. Cushman "Cush" May, who left his mark on Chase Manhattan serving in Asia from 1968 to 1975, died in Connecticut on June 5, 2021. He was 87. Read his In Memoriam and the moving (and sometimes funny) tributes from those who reported to him. A link to an article from the Darien, CT-newspaper has also been posted.

Note: A memorial service will be held at noon, Saturday, June 26 at the Old School Baptist Meeting House, Warwick, New York, with a reception following at the Warwick Historical Society’s A. W. Buckbee Center, 2 Colonial Avenue.

We were recently informed of the December 16, 2016 death of Vincent "Val" Mulcahy, 70, who was a Managing Director in Finance during the period of the Chase/Chemical merger for the Securities and Trading businesses in New York.

 

Charles "Chuck" Whitcomb, who served Chase Manhattan in Miami and ran its branch network in
Puerto Rico as part of a 55-year career in banking, died on April 26, 2021 in Miami, a few days short of his 93rd birthday. (He stopped working at the age of 86.)

 

 

 
How Best to Use the CAA Membership Directory                
 
If you have not done so recently, please update the information in your profile, so that the CAA and other members would be better able to contact you. Using the Membership Directory is a privilege of dues-paying CAA members.
 
Now get a refresher on how to best use the membership directory to find an individual or groups of individuals you would like to contact. (Note that only dues-paying members have access to the directory.).
 
To get to the directory, log in at www.chasealum.org. On the home page menu, click on Membership and then Member Directory.
 
When searching by name, or in any of the other search areas, we advise starting by putting in less information in the search field. For example, if you want to find William Smith, type only Smith in the Search by Name box; if you put in “William Smith” and he is calling himself Bill Smith in his profile, you will not find him.
 
If you want to find members who live near you, enter the city, state or country (or any combination) under Location. The Years at Chase search is very valuable. Type in 1996-2005, for instance, and you will find everyone who worked for the bank (including heritage banks) during those years. You can narrow your search by also typing in a location or job title.
 
Once you have entered the search words, click on Search at the bottom of the page. When members’ names appear, click on their names to obtain more detailed information about them.
 
If you have any problem with any of this, contact Ken Jablon at jablonkt@aol.com.
 
As always: If the links do not work for you, you can always access the latest stories by logging on to CAA's web site.

If you have any questions, please send an e-mail to Ken Jablon or call Ken (during normal working hours) at 212-799-9525.

By the by: Don't forget to explore the rest of the CAA Web site. Just click on the home page menu buttons to find the news archive, photo album, membership directory, past In Memoriams and benefit information.

The Board of the Chase Alumni Association  
           
 
 





[go to article]




----------------------------------
The Chase Alumni Association respects your privacy!
To make sure these communications are not mistakenly blocked in the future by your spam-blocker, please add 'email_watch@omnimagnet.net' and 'webmaster@chasealum.org' to your approved-senders-list. If you no longer wish to receive correspondence of this kind from the Chase Alumni Association please follow this unsubscribe link: http://www.chasealum.org/unsubscribe.html?email=[email]. You will be removed from receiving any further e-mails at that point. Please allow up to 72 hours to process.