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Carl Ray Pohlad (August 23, 1915 – January 5, 2009) was an American financier from Minnesota. Pohlad is best known as the owner of the Minnesota Twins baseball franchise from 1984 (succeeding Calvin Griffith) until his death in 2009. In 2009, Pohlad had an estimated net worth of $3.6 billion, placing him 102nd on the annual Forbes 400 list of the wealthiest Americans. Early life and education Carl Pohlad was born on August 23, 1915, in Valley Junction, Iowa, to poor parents of Slovak descent, Mary M. (Sodak) and Michael Pohlad. He grew up in West Des Moines, Iowa and graduated from Valley High School in West Des Moines in 1934. He attended and played football for Compton Junior College in Southern California for a short time. Bing Crosby saw him play football and recruited him to play for his alma mater, Gonzaga University in Washington. Pohlad attended Gonzaga but dropped out after the football season of his senior year. Pohlad was drafted in World War II and served ...
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Valley Junction, Iowa
West Des Moines is a city in Polk, Dallas, Warren, and Madison counties in the U.S. state of Iowa. A majority of the city is located in Polk County, a minority of the city is located in Dallas County, and small portions extend into Warren and Madison counties. As of the 2020 census, the city population was 68,723. West Des Moines is the second-largest city in the Des Moines metropolitan area and the sixth-largest city in Iowa. It ranked 94th in ''Money'' magazine's list of the "100 Best Places to Live and Launch" in 2008, 77th and 57th on the 100 Best Places to Live in 2014 and 2015, respectively, and 18th on the Hipster Cities of 2015. History Settlement and early history The West Des Moines area used to be home to the Sac and Fox tribes. Near the stroke of midnight on October 11, 1845, a gunshot was fired by a cattle farmer, James Cunningham Jordan (1813–1893) to declare that the area was open for Anglo-European settlement. His residence, the Jordan House, has been resto ...
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France
France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of Overseas France, overseas regions and territories in the Americas and the Atlantic Ocean, Atlantic, Pacific Ocean, Pacific and Indian Oceans. Its Metropolitan France, metropolitan area extends from the Rhine to the Atlantic Ocean and from the Mediterranean Sea to the English Channel and the North Sea; overseas territories include French Guiana in South America, Saint Pierre and Miquelon in the North Atlantic, the French West Indies, and many islands in Oceania and the Indian Ocean. Due to its several coastal territories, France has the largest exclusive economic zone in the world. France borders Belgium, Luxembourg, Germany, Switzerland, Monaco, Italy, Andorra, and Spain in continental Europe, as well as the Kingdom of the Netherlands, Netherlands, Suriname, and Brazil in the Americas via its overseas territories in French Guiana and Saint Martin (island), ...
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Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve Fo ...
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US Bank
U.S. Bancorp (stylized as us bancorp) is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware. It is the parent company of U.S. Bank National Association, and is the fifth largest banking institution in the United States. The company provides banking, investment, mortgage, trust, and payment services products to individuals, businesses, governmental entities, and other financial institutions. It has 3,106 branches and 4,842 automated teller machines, primarily in the Western and Midwestern United States. It is ranked 117th on the Fortune 500, and it is considered a systemically important bank by the Financial Stability Board. The company also owns Elavon, a processor of credit card transactions for merchants, and Elan Financial Services, a credit card issuer that issues credit card products on behalf of small credit unions and banks across the U.S. U.S. Bancorp operates under the second-oldest continuous national charter, originally C ...
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First Bank System
First Bank System was a Minneapolis, Minnesota-based regional bank holding company that operated from 1864 to 1997. What was once First Bank forms the core of today's U.S. Bancorp; First Bank merged with the old U.S. Bancorp in 1997 and took the U.S. Bancorp name. History First Bank's earliest direct corporate ancestor, First National Bank of Minneapolis, was founded in 1864 and received its charter in 1865. That bank, in turn, grew out of private banking house Sidel, Wolford and Co. On August 23, 1929, First National of Minneapolis merged with First National Bank of St. Paul (founded in 1864 out of private banking house Parker, Paine and Co.) to form the First Bank Stock Corporation. The two banks jointly acquired the stock in 32 other banks in Minnesota, North and South Dakota and Montana.Alternate Link
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Marquette Bank Minneapolis
Marquette Bank Minneapolis, formerly named the Marquette National Bank, was a bank in Minneapolis, Minnesota. It was party to '' Marquette National Bank of Minneapolis v. First of Omaha Service Corp.'', an important decision by the Supreme Court of the United States which regulated the banking industry. History Originally named the Marquette National Bank, it was chartered in 1920 and was named for Marquette Avenue, the financial center of Minneapolis, Minnesota. The bank was eventually acquired by Carl Pohlad and had $350 million in assets in 1982 when it acquired the failing Farmers and Mechanics Savings Bank of Minneapolis (F&M) and had nearly $1 billion of assets prior to sale which was arranged by the Federal Deposit Insurance Corporation. After the acquisition, the name was changed to Marquette Bank Minneapolis and it had the fourth most assets in the state. The bank was owned by the Bank Shares, Inc. holding company which was controlled by the Pohlad family and which ...
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Midwest Federal Savings & Loan
Midwest Federal Savings and Loan was an American bank headquartered in Minneapolis, Minnesota. Starting in the mid-1960s, its headquarters were located at 801 Nicollet Mall in what is now called McGladrey Plaza. Midwest Federal was in business for ninety-nine years until its failure in 1989. Its collapse was due mostly to bad real estate loans. On April 22, 1991, the '' St. Paul Pioneer Press'' called the bank's failure the "largest financial disaster in Minnesota history" and was part of the savings and loan crisis of the 1980s. Midwest Federal had assets of US$3.5 billion (equivalent to $ billion in ), was liquidated by the government at a cost of US$1 billion to taxpayers ($ billion in ). Midwest was US$1 billion in debt when it was seized by regulators in February 1989. The former chairman, Harold W. Greenwood, Jr, Donald J. Snede, Charlotte E. Masica, and Robert A. Mampel were indicted on Federal fraud and conspiracy charges involving financial losses at the failed ...
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Great Depression
The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagion began around September and led to the Wall Street stock market crash of October 24 (Black Thursday). It was the longest, deepest, and most widespread depression of the 20th century. Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II. Devastating effects were seen in both rich and poor countries with falling personal income, prices, tax revenues, and profits. International trade fell by more than 50%, unemployment in the U.S. rose to 23% and ...
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Bronze Star Medal
The Bronze Star Medal (BSM) is a United States Armed Forces decoration awarded to members of the United States Armed Forces for either heroic achievement, heroic service, meritorious achievement, or meritorious service in a combat zone. When the medal is awarded by the Army, Air Force, or Space Force for acts of valor in combat, the "V" device is authorized for wear on the medal. When the medal is awarded by the Navy, Marine Corps, or Coast Guard for acts of valor or meritorious service in combat, the Combat "V" is authorized for wear on the medal. Officers from the other Uniformed Services of the United States are eligible to receive this award, as are foreign soldiers who have served with or alongside a service branch of the United States Armed Forces. Civilians serving with U.S. military forces in combat are also eligible for the award. For example, UPI reporter Joe Galloway was awarded the Bronze Star with "V" device during the Vietnam War for rescuing a badly wound ...
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Purple Heart
The Purple Heart (PH) is a United States military decoration awarded in the name of the President to those wounded or killed while serving, on or after 5 April 1917, with the U.S. military. With its forerunner, the Badge of Military Merit, which took the form of a heart made of purple cloth, the Purple Heart is the oldest military award still given to U.S. military members. The National Purple Heart Hall of Honor is located in New Windsor, New York. History The original Purple Heart, designated as the Badge of Military Merit, was established by George Washington – then the commander-in-chief of the Continental Army – by order from his Newburgh, New York headquarters on 7 August 1782. The Badge of Military Merit was only awarded to three Revolutionary War soldiers by Washington himself. Washington authorized his subordinate officers to issue Badges of Merit as appropriate. Although never abolished, the award of the badge was not proposed again officially until ...
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Poison Oak
Poison oak refers to two plant species in the genus ''Toxicodendron,'' both of which can cause skin irritation: *''Toxicodendron diversilobum'' or Western poison oak, found in western North America *''Toxicodendron pubescens ''Toxicodendron pubescens'' (syn. ''Rhus pubescens''), commonly known as Atlantic poison oak, is an upright shrub that can grow to 1 metre (3 feet) tall. Its leaves are 15 centimetres (6 inches) long, alternate, with three le ...
'' or Atlantic poison oak, found in the southeastern United States {{plant common name ...
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Normandy Landings
The Normandy landings were the landing operations and associated airborne operations on Tuesday, 6 June 1944 of the Allied invasion of Normandy in Operation Overlord during World War II. Codenamed Operation Neptune and often referred to as D-Day, it was the largest seaborne invasion in history. The operation began the liberation of France (and later western Europe) and laid the foundations of the Allied victory on the Western Front. Planning for the operation began in 1943. In the months leading up to the invasion, the Allies conducted a substantial military deception, codenamed Operation Bodyguard, to mislead the Germans as to the date and location of the main Allied landings. The weather on D-Day was far from ideal, and the operation had to be delayed 24 hours; a further postponement would have meant a delay of at least two weeks, as the invasion planners had requirements for the phase of the moon, the tides, and the time of day that meant only a few days each month were ...
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