Eric Clapton latest band Derek & The Dominoes enter the studio on August 22, 1970 to record the album "Layla And Other Assorted Love Songs". Clapton was joined by former bandmates Bobby Whitlock, Carle Radle and Jim Gordon from Delaney, Bonnie & Friends. Duane Allman played slide guitar on the album, but declined an invitation to join the band. Though the record was originally considered a flop, critics now regard it as one of the best albums of all time and possibly Clapton's best project.

The Rolling Stones topped the U.S. album charts for the first time on August 21, 1965 with "Out Of Our Heads". The platinum-selling album featured a pair of top 10 hits including "The Last Time" and the Stones signature song ("I Can't Get No) Satisfaction". Rolling Stone Magazine chose "Satisfaction" as #2 on the publication's list of "The 500 Greatest Songs Of All Time".

Chicago co-founder and trombone player James Pankow was born in St. Louis on August 20, 1947. Walter Parazaider recruited Pankow to join his band The Big Thing while the pair were students at DePaul University. The Big Thing would later morph into Chicago. Pankow is the principal arranger for the horn section and has penned a number of the band's most memorable hits including "Make Me Smile", "Colour My World", "Just You 'N Me", "Feelin' Stronger Every Day", "Old Days" and many others. He is the older brother of actor John Pankow. James and Chicago have just released a new single "Somethin' Comin', I Know".

Meanwhile, former drummer Danny Seraphine is asking fans to push for a reunion of the vintage Chicago lineup which would also include Peter Cetera. Seraphine wants fans to tweet their support for the proposed reunion. Dan Seraphines' Twitter