Bruce Springsteen signed Bob Dylan to the same label a decade earlier. Despite the expectations of Columbia Records' executives that Springsteen would record an acoustic album, he brought many of his New Jersey-based colleagues into the studio with him, thus forming the E Street Band (although it would not be formally named for several months). His debut album "Greetings from Asbury Park, N.J.", released in January 1973, established him as a critical favorite though sales were slow. Because of Springsteen's lyrical poeticism and folk rock-rooted music exemplified on tracks like "Blinded by the Light" and "For You", as well as the Columbia
Asbury Park, New Jersey hall. At the same time, Asbury Park launched a first-class education and athletic program with the construction of a state-of-the-art high school overlooking Deal Lake. On September 8, 1934, the wreck of the ocean liner SS "Morro Castle", which caught fire and burned, beached itself near the city just yards away from the Asbury Park Convention Hall; the city capitalized on the event, turning the wreck into a tourist attraction. In 1935, the newly founded Securities and Exchange Commission called Asbury Park's Mayor Clarence F. Hetrick to testify about $6 million in "beach improvement bonds" that had gone into default.