120 Years: 2009
The Grand Valley follows the nation into one of the biggest recessions in U.S. history. As the oil and gas industry cuts back, jobs are lost, home values go down, unemployment goes up and businesses close. More than $31 million dollars are lost as investors wake up to find Philip Lochmiller of Valley Investments has fraudulently used their money in his own brand of Ponzi scheme. While President Obama talks about health care at Central High School, wife, Michelle, and two daughters pick fruit in Palisade and take it home to Washington.
Jerry Nemnich, 65, is arrested for the murder of 24-year-old Linda Benson and her 5-year-old daughter in 1975.
The Daily Sentinel gets a new publisher when Kansas-based Seaton Publishing Co. buys the paper. Jay Seaton leaves the barrister business to run the newspaper. A sculpture by local artist Pay Olson, honoring the people who died in the Sept. 11 collapse of the Twin Towers in New York City, is installed at Seventh and Main streets.
To view an ongoing photo gallery of The Daily Sentinel’s 120 years project, go to GJSentinel.com.