Advance Restaurant Finance
Looking for sales reps to call on small to medium
sized retail merchants nationwide.
Experience preferred in this industry, but open
to ambitious "make sales" self-motivators.
Base salary, commissions,full benefits available.
Email with resume to: slohmann@arfcash.com
* Fast Approvals
* No Need to Change
Credit Card Processors
"When bank financing is unavailable, we are your best alternative
for an unsecured working capital loan up to $1,000,000 per location."
www.arfcash.com |
Monday, April 2, 2012
Today's Equipment Leasing Headlines
Classified Ads---Asset Management
Leasing Schemes Court Cases Monthly Update
by Christopher Menkin
Classified Ads---Help Wanted
Career Crossroad—“Should I Include a Photo with Resume?”
Leasing 102 by Mr. Terry Winders, CLP
Broker/Lessor Assignment Protection
Number of Problem Banks Remains Elevated
Bank Beat---Huntington Buys Failed Bank Fidelity in Michigan
Top Stories March 26 --March 30
North American Corporate Advisors joins VETFRAN,
Offering help to struggling Veterans
Chocolate Lab---Portsmouth, Virginia Adopt-a-Dog
Open Positions at Leasing Funders/Various Locations
News Briefs---
Expectations rising for housing market's spring season
India on military buying spree
Public Worker Pensions Find Riskier Funds Fail to Pay Off
Broker/Funder/Industry Lists |
Features (collection)
Top Ten Stories Chosen by Readers |
Top Stories last six months
Bye Bye BlackBerry. How Long Will Apple Last?
You May Have Missed
SparkPeople--Live Healthier and Longer
Sports Briefs---
Spring Poem
California Nuts Briefs---
"Gimme that Wine"
This Day in American History
SuDoku
Daily Puzzle
GasBuddy
Weather, USA or specific area
Traffic Live----
######## surrounding the article denotes it is a “press release”
and was not written by Leasing News nor information verified, but from the source noted. When an article is signed by the writer, it is considered a “by line.” It reflects the opinion and research of the writer. It is considered “bias” as it is the writer’s viewpoint.
[headlines]
--------------------------------------------------------------
Leasing Schemes Court Cases Monthly Up-Date
by Christopher Menkin
Equipment Acquisition Resources
Although both Charles K. Schwartz, lessee, and vendor Bruce Donner have been sentenced (from a sweet plea deal from the FBI that they said they said was the key to their being able to prosecute Schwartz), the bankruptcy trustee has a case to return the commission on equipment not delivery against Donner, as well as the IRS may also be interested in the matter. It's not over yet!
http://leasingnews.org/archives/Mar2012/3_16.htm#donner
HL Leasing
May 9th is day to seek judgment for $163,720,000 against the officers of HL Leasing, Inc., Manufacturers Acceptance Corporation dba Heritage Pacific Leasing, Air Fred, along with officers Andy Fernandez, Dan Ramírez and Kathleen Otto.
http://leasingnews.org/archives/Mar2012/3_28.htm#scheme
IFC Credit--Rudy Trebels
There are six court cases open regarding Rudy Trebels and IFC Credit Corporation. Readers tell me he is still playing golf in Florida, as well as vendors and lessees email Leasing News asking about doing business with him, finding stories written about him in the internet.
In the only civil case, brought by Coactiv Capital Partners on September 30, 2009, suit is for over $2 million against IFC Credit Corporation, Morton Grove, Illinois, one of their funding groups, and the two main principals, claiming the officers committed fraud as individuals, specifically not paying off leases when the lessee terminated early, and knowing that the company was "essential insolvent" for almost a year.
http://leasingnews.org/archives/July%202009/07-17-09.htm#ifc_Trebels
A status hearing is set for April 25, 2012 before the Honorable Elaine E. Bucklo.
There is the case of Greenwich Insurance and IFC Credit with Trebels named as a defendant and Leibowitz and Trebels, both in bankruptcy cases, as well as Leibowitz and First Chicago Bank.
The main bankruptcy case had a trial date set for 3/28/2013, but it was continued until 4/20/2013 with discovery cutoff September 1, 2012. Dates for other actions prior to the trial were sent by Judge Jacqueline P. Cox (7)
Previous Stories:
http://www.leasingnews.org/Conscious-Top%20Stories/IFC_stories.htm
NorVergence
No change since filing of bankruptcy and no information on case in Lake Charles, Louisiana regarding Thomas N. Salzano, the mastermind behind the 10,629 leases with over 50 bank and leasing companies.
Previous Stories:
http://www.leasingnews.org/Conscious-Top%20Stories/Novergence_main.htm
Operation Lease Fleece
The Vartanian attorneys have been able to postpone this trial for quite some time, many different dates for different reasons. They may have reached the end with Judge Cormac J. Carney.
Allegedly this may be the last to be indicted, although both the US Attorney’s office and FBI state “Operation Lease Fleece” is an “open investigation.” It has been going on for four years, and the longer it goes on, it also appears the longer sentences are being handed out.
Chant Vartanian, president of ISystems Technology and Solutions, currently operating under several business names, trial date is continued to April 24, 2012 at 9:00 a.m. IT IS FURTHER ORDERED that the status conference is continued to April 16, 2012 at 9:30 a.m.
Sarkus Vartanian, vice-president of ISystems Technology and Solutions, currently operating under several business names, "trial date is continued to April 24, 2012 at 9:00 a.m. IT IS FURTHER ORDERED that the status conference is continued to April 16, 2012 at 9:30 a.m
This month: Ziya, Arik, 38, CapitalWerks, continuing Sentencing hearing to 4/30/2012 11:00 AM before Judge Cormac J. Carney
Perhaps this month will do a round-up on all those convicted and the sentences received to date.
Previous Stories:
http://leasingnews.org/archives/Mar2012/3_21.htm#sentenced
Sheldon Player—Equipment Acquisition Resources
Yes, Sheldon Player is still free pending events with Equipment Acquisition Resources and their dispute with the IRS of his gambling winnings and deductions. The status hearing originally set for March 28, 2012 was reset to May 1, 2012. (1) The bankruptcy can't proceed without this section being complete; however, in the meantime all assets and liabilities are being finalized.
In a separate case, the trustee (William A. Brandt, Jr.) as Plan Administrator for Equipment Resources, Inc. was granted his "Motion and an order of default judgment in the amount of $18,323,404 plus costs of $275.00 against Defendant, Sheldon Player, for his failure to appear and to file responsive pleading to Plaintiff's Complaint, and for any additional relief this Court deems necessary. (6)
Previous Stories:
http://www.leasingnews.org/Conscious-Top%20Stories/Sheldon_Player.htm
----
(1) EAR Status Appeal
http://leasingnews.org/PDF/EARStatusAppeal42012.pdf
(2) Motion Main Document
http://leasingnews.org/PDF/MotionMainDocument.pdf
(3) Exhibit A--proof of not being able to service Player
http://leasingnews.org/PDF/MotionExhibitA.pdf
(4) Exhibit B---Money Paid Player by EAR totaling $18,323,404
http://leasingnews.org/PDF/MotionExhibitB.pdf
(5) Exhibit C--Action by Mr. Brandt
http://www.youtube.com/theyoutubecollection
(6) Plaintiff is granted default judgment
http://leasingnews.org/PDF/MotionGranted42012.pdf
(7) IFC Trial Pre-Trial Dates
http://leasingnews.org/PDF/IFCTrialSet.pdf
[headlines]
--------------------------------------------------------------
Classified Ads---Asset Management
(These ads are “free” to those seeking employment or looking
to improve their position)
San Francisco, CA
Ten years experience setting residuals, negotiating leases and remarketing equipment across a broad spectrum of large ticket asset types including marine, intermodal, mining, energy, manufacturing.
geoffwalshe@yahoo.com |
Located near Dallas
Extensive experience in valuation/remarketing of IT and telecom assets. Established network of customers and vendors. Strong leasing background
Located near Dallas contact: leasevalue@gmail.com |
Free Posting for those seeking employment in Leasing:
http://www.leasingnews.org/Classified/Jwanted/Jwanted-post.htm
All “free” categories “job wanted” ads:http://www.leasingnews.org/Classified/Jwanted/Jwanted.htm
[headlines]
--------------------------------------------------------------
Leasing Industry Help Wanted
Advance Restaurant Finance
Looking for sales reps to call on small to medium
sized retail merchants nationwide.
Experience preferred in this industry, but open
to ambitious "make sales" self-motivators.
Base salary, commissions,full benefits available.
Email with resume to: slohmann@arfcash.com
* Fast Approvals
* No Need to Change
Credit Card Processors
"When bank financing is unavailable, we are your best alternative
for an unsecured working capital loan up to $1,000,000 per location."
www.arfcash.com |
Inside Sales Manager
Irvine, California
First Year Expect $125k with
base salary & commission
to direct
small ticket sales team.
Click here for more information.
GeNESIS provides game-changing
technology, tools and training as well as pre-qualified
leads to help great salespeople be more successful
and make more money.
www.gen-cap.com
|
For information on placing a help wanted ad, please click here:
http://www.leasingnews.org/Classified/Hwanted/Hwanted-post.htm
Please see our Job Wanted section for possible new employees.
[headlines]
--------------------------------------------------------------
Career Crossroad—“Should I Include a Photo with Resume?”
Question: I have heard it is now the norm to include a photo with your resume – what are your thoughts?
Answer: Yes, the trend of including your photo in your resume has become popular – but you do not have to.
This trend has become popular, I believe, due to all the new social media sites including photos. IF you do decide to include a photo – make sure it is professional one. Hire a professional and make sure you attire appearance is conservative and appropriate.
Emily Fitzpatrick
Sr. Recruiter
Recruiters International, Inc.
Phone: 954-885-9241
Cell: 954-612-0567
emily@riirecruit.com
www.riirecruit.com
In memory of Jasmine –
You will be in our hearts forever … goodbye our darling girl
Previous Career Crossroad columns:
http://www.leasingnews.org/Conscious-Top%20Stories/crossroad.html
[headlines]
--------------------------------------------------------------
Leasing 102
by Mr. Terry Winders, CLP
Broker/Lessor Assignment Protection
One of the most frustrating problems brokers or lessors have is the loss of control of a lessee when a funder does the invoicing. The problem is compounded when on occasion the transaction is sold again as part of a larger syndication. Many brokers and lessors have residual expectations and future business from these transactions that are in danger of being ignored if a lessee early terminates or the funder does not have a method to record the obligation to reassign the deal to the broker or Lessor. The question of how to solve this problem has been around as long as lease transactions have been sold or assigned.
Some companies, such as Financial Pacific, send a separate letter to the broker or lessor acknowledging that they have the right to the residual when all the payments and what are owed is complete. It is also common on funding sheets, such as from BSB Leasing or Bank of the West Indirect Leasing that the residual ownership is spelled out.
Whether you have such a document in writing or not, the best way of saving a customer/lessee is constant contact and/or request a status report each month on the deals you have sold to them so you can monitor the lessee progress and contact them 90 days prior to termination to determine their intention upon termination. First Federal Leasing out of Richmond, Indiana has been doing this for a long time and has become very popular with brokers and lessors.
Of course, it is always good salesmanship to keep in contact with your lessee, not just with birthday cards or a newsletter, but letting them know there is six months left on the contract and they should notify whoever is collecting the payments, they intend to exercise the purchase option. This is extremely important if you are no longer doing business with this company or the lease was sold from where it was originally placed.
Another excellent reason to stay in contact with the lessee. If the lessee is getting behind, the funder can call the lease in default and the broker or lessor then loses the residual, even if another assumes the lease. It is not only maintaining a better relationship with your funder, but also protecting your residual or ability to be able to fund another lease for the lessee.
One of the current problems comes from the fact that a lot of the transactions sold by lessors are Article 9 leases that are “leases intended as security”. They are essentially loans and are very often handled by funders who use installment loan software that has limited capabilities for leasing. Even if they use lease software it is usually restricted to the financial aspects of the deal and has no ability to record assignment parameters. In addition many funders have back office personnel handle lessee’s requests like early payoffs and end of the lease terminations. They do not have access to legal documentation or assignment agreements so when a lease/loan terminates they just close the books.
The only way that I can see to legally protect the agreement is to place language in the broker agreement that requires the funder to contact the broker prior to allowing a lease transaction too early terminate or fail to reassign upon termination of the rental stream. I would suggest one or two methods to accomplish this: Have a master broker agreement with this included and/or on the short assignment of each deal a statement of the individual transaction.
The problem, however, arises if the leasing company is sold or the leases are sold, or a bankruptcy occurs such as has happened with IFC Credit and the many Evergreen clauses enacted or “fair market value” when the original contract is $1.00. This is also common one leasing company buys another and the conditions then change.
So the actual funding sheet may help you, but a letter such as from Financial Pacific or actual assignment agreement spelling out the broker or lessor rights to the residual, are the best evidence to have.
Mr. Terry Winders, CLP, has been a teacher, consultant, expert witness for the leasing industry for thirty-five years and can be reached at leaseconsulting@msn.com or 502-649-0448
He invites your questions and queries.
Previous #102 Columns:
http://www.leasingnews.org/Conscious-Top%20Stories/Leasing_102/Index.htm
(Still an opportunity to sign up for Mr. Winder’s Seminar)
Mr. Terry Winders, CLP
Anaheim, California
April 5 & 6
Two Day Seminar
sponsored by
Equipment Leasing Department
4040 MacArthur blvd, Suite 100
Newport Beach, CA 92660
The seminar will contain information on how to approach leasing in 2012 with the following subjects:
-
New lease language
- Proposed new accounting rules for lessee's
-
Structuring and pricing for competition
-
Income tax rules, Article 2A vs. Article 9
-
New reasons to lease
-
Questions to ask lessee
- Vendor needs
- Credit enhancements
-
Documentation issues
and a take home assignment to see how to propose a lease.
Cost $450 per person
Registration and Outline of Course: PDF
For questions, please contact Mr. Terry Winders, CLP, at leaseconsulting@msn.com or call 502-649-0448. |
[headlines]
--------------------------------------------------------------
Number of Problem Banks Remains Elevated
"Although the number of banks on the Problem Bank List has declined for three quarters in a row, the number of problem banks remains high, " reports www.problembanklist.com. " At March 31, 2011, the FDIC classified 888 banks as “problem banks.” As of the latest reported numbers for December 31, 2011, the number of problem banks had declined by only 75 banks to a total of 813.
"Although regulators tell us the financial crisis has been contained, there are still a discomforting number of troubled banks,” www.problembanklist.com concludes. " A total of 11% of all FDIC insured institutions are currently classified as problem banks. Another troubling aspect for depositors is the fact that the FDIC Deposit Insurance Fund (DIF) at December 31, 2011 had a balance of only $9.2 billion which “protects” a massive $6.98 trillion of customer deposits. Although the FDIC has taken measures to bolster the DIF fund, the reserve ratio remains at a historically low level of only 0.13%. The FDIC currently has only around $1,318 to protect every $1 million dollars in deposits."
Full Report:
http://problembanklist.com/fdic-issues-enforcement-actions-number-of-problem-banks-remains-elevated-0505/
[headlines]
--------------------------------------------------------------
Bank Beat---Huntington Buys Failed Bank Fidelity in Michigan
The 15 branches of Fidelity Bank, Dearborn, Michigan were closed with The Huntington National Bank, Columbus, Ohio, to assume all of the deposits. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $92.8 million.
Fidelity founded February 28, 1994, had 184 full time employees at their two offices in Southfield, and other offices in Auburn Hills, Birmingham, Birmingham Farms, Bloomfield Township, Canton, Dearborn, Dearborn Heights, Plymouth, Saline, Southgate, and Township.
Fidelity Bank’s parent holding company, Dearborn Bancorp, was delisted from the NASDAQ in November 2011; last trade on “pink sheets” was 15 cents a share. Dearborn Bancorp had traded as high as $25 per share in better days. Based on the number of outstanding shares, the total loss to shareholders of Dearborn Bancorp amounts to over $190 million.
Not long after the stock delisting, on January 6, 2012, the FDIC told the bank it was "critically undercapitalized.” While the year-end 2012 showed Fidelity’s first profit in four years, $1.6 million, it did not tell the entire story: the non-current loans were still very high, not changing much from $68.9 million in 2010 to $66.9 million year-end 2011. Perhaps also in alarm were the 30-to-89 day non-current loans, going from $18.6 million to $30.5 million. (1)
In reality, the bank had been given a 90 day warning to raise capital on January 6, but had very little chance being delisted in November and stock selling at 15 cents. Despite the year-end profit and a Tier 1 risk-based capital ratio 5.73%, it was the end as the non-current loans, coupled with the growing charge offs, high unemployment, and continued home foreclosures, the bank was not going to make it without additional capital.
(in millions, unless otherwise)
(Construction and Land, 1-4 family multiple residential, Multiple Family Residential, Non-Farm Non-Residential loans.)
2006 -$23,000 ($48,000 commercial and industrial loans, $-39,000 1- 4 family, - $10,000 nonfarm, -$18,000 lease financing,-$4,000 individuals)
2007 $4.7 ($3 construction/land, $1 nonfarm nonres, $525,000 1-4 family, $18,000 indiv.)
2008 $16.5 ($6.9 construction/land, $3.1 commercial, $2.4 multi-family, $2.4 nonfarm)
2009 -
$24.4 ($13.5 construction/land, $6 nonfarm nonres, $2.6 1-4 family, $521,000 commercial, $187,000 farmland, $183,000 individuals)
2010 $23.1 ($11.3 construction/land, $4.5 nonfarm nonres., $3.5 1-4 family, $2 multi-family, $1.5 commercial/industrial, $187,000
individuals)
(In millions, unless otherwise)
Net Equity
2006 $85.2
2007 $145.0
2008 $110.9
2009 $50.1
2010 $35.5
2011 $39.5
Profit
2006 $8.3
2007 $4.3
2008 -$30.8
2009 -$60.5
2010 -$13.6
2011 $1.6
Non-Current Loans
2006 $7.6
2007 $19.0
2008 $52.1
2009 $55.0
2010 $68.9
2011 $66.9
This is the second failed bank purchase for Huntington, who in October, 2009, purchased failed Warren Bank of Warren, MI, which had $538 million in assets. As of December 31, 2011, Fidelity Bank had approximately $818.2 million in total assets and $747.6 million in total deposits. In addition to assuming all of the deposits of the failed bank.
Stephen D. Steinour
Chairman, President, Chief Executive Officer
"We are pleased to welcome the more than 18,000 customers of Fidelity Bank to Huntington, which has been a leader in investing in Michigan,” Stephen D. Steinour, chairman, president, and chief executive officer of Huntington was quoted in an official press release.
"Today’s announcement is a continuation of Huntington’s ongoing investment in Michigan. In June 2011, the bank committed $2 billion in lending to Michigan businesses. More than $1 billion of the money has already been lent. Earlier this month, the bank committed $100 million to affordable housing in Michigan that is aimed at helping families throughout the state.
"... customers will continue to conduct banking business at their existing banking offices with familiar employees. Then beginning on April 13, 2012, customers will have access to Huntington’s entire 1,300 ATM network throughout the Midwest, with no service charge, including the 52 ATMs in East Michigan. Then in late June, their existing accounts will be converted to Huntington's systems."
http://www.investquest.com/iq/h/hban/ne/finnews/hban033012.htm
(1) http://us1.irabankratings.com/pub/failedbank.asp?cert=33883
http://www.fdic.gov/news/news/press/2012/pr12038.html
List of Bank Failures:
http://www.fdic.gov/bank/individual/failed/banklist.html
Bank Beat:
http://www.leasingnews.org/Conscious-Top%20Stories/Bank_Beat.htm
 |
Gary DiLillo, President
440.871.0555 or gary@avptc.com
To learn more about the benefits of
outsourcing personal property tax,
please click here.
|
[headlines]
--------------------------------------------------------------
Top Stories March 26 --March 30
Here are the top ten sorties opened by readers:
(1) Confirmed Top Sales Team has Left
Capital One Equipment Financing
http://leasingnews.org/archives/Mar2012/3_26.htm#team
(2) Happy NEFA Conference Attendees
http://leasingnews.org/archives/Mar2012/3_26.htm#nefa
(3) Robert Fine of NorVergence Fame at Signature Bank
by Christopher Menkin
http://leasingnews.org/archives/Mar2012/3_28.htm#fine
(4) Five Years for Defrauding Leasing Companies
Sentencing of Robert Vaughan
http://leasingnews.org/archives/Mar2012/3_30.htm#vaughan
(5) $163,720,000 Collections to begin May 9
in John Otto’s HL Leasing Ponzi Scheme
http://leasingnews.org/archives/Mar2012/3_28.htm#scheme
(6) Marquette Equipment Finance changes name to
Pacific Western Equipment Finance
http://leasingnews.org/archives/Mar2012/3_28.htm#pac_west
(7) Monitor Top Private Independents (from Linkedin.com)
http://www.monitor-digital.com/monitor/20120304?pg=25&pm=2&fs=1#pg25
(8) How to Avoid Equipment Lease Scams
by Kit Menkin
http://leasingnews.org/archives/Mar2012/3_30.htm#scams
(Tie) (9) Career Crossroad—“Never Accept a Counter Offer”
http://leasingnews.org/archives/Mar2012/3_26.htm#crossroad
(Tie)(9) New Hires---Promotions
http://leasingnews.org/archives/Mar2012/3_30.htm#hires
(10) Women in Leasing LinkedIn Group’s Next Meeting
http://leasingnews.org/archives/Mar2012/3_30.htm#women
John Kenny Receivables Management
www.jrkrmdirect.com
• End of Lease Negotiations & Enforcement
• Fraud Investigation
• Credit Investigations
• Asset Searches
• Skip-tracing
• Third-party Commercial Collections
The Solution to Your Credit & Accounts Receivable Needs
John Kenny
315-866-1167 | John@jkrmdirect.com |
(Leasing News provides this ad as a trade for investigations
and background information provided by John Kenny)
#### Press Release #############################
North American Corporate Advisors joins VETFRAN,
offering help to struggling Veterans
"The leader in commercial loan and lease restructuring"
MIAMI, FL -North American Corporate Advisors (NACA) has recently joined the International Franchise Association’s VetFran program. Through the program, NACA is offering to waive its fees for VetFran veteran franchisees who are struggling with cash flow problems.
NACA’s sole focus is to work with franchisees and small businesses that are experiencing cash flow problems by modifying and restructuring their bank loans and/or commercial leases, thus offering a positive solution to the financial crisis that has crippled countless franchisees.
SETH WERNER President/CEO
“We know that the challenges of this economy have severely impacted franchisees but when we considered the seemingly insurmountable challenges veterans face, we knew we had to take action. NACA can help provide fixed expense financial relief to veterans so that they can get their franchise on track and to prosper long-term,” said Seth Werner, President/CEO of North American Corporate Advisors.
NACA’s process is straightforward, confidential, risk-free and fast. Compensation to NACA is based strictly upon the results achieved for its clients, and is paid only at the end of the process as a percentage of the reduction in monthly obligations.
For qualifying VetFran veterans, NACA’s compensation will be completely eliminated.
VetFran is a strategic initiative of the International Franchise Association. As tens of thousands of service men and women return from deployment in Afghanistan and Southwest Asia, expanded opportunities are needed to ensure veterans and their families can transition into the civilian economy. IFA’s VetFran program helps returning service members access franchise opportunities through training, financial assistance, and industry support.
North American Corporate Advisors was founded by industry executives with decades of successful finance experience and in-depth understanding of the dynamics involved in successful modification negotiations. North American Corporate Advisors can be reached at: (toll free) 855.433.6222 or e-mail info@nacorpadvisors.com. For further information, please visit www.nacorpadvisors.com.
##### Press Release ############################
[headlines]
--------------------------------------------------------------
News Briefs----
Expectations rising for housing market's spring season
http://www.usatoday.com/money/economy/housing/story/2012-04-01/spring-home-buying/53935318/1
India on military buying spree
http://seattletimes.nwsource.com/html/nationworld/2017890191_indiaweapons02.html
Public Worker Pensions Find Riskier Funds Fail to Pay Off
http://www.nytimes.com/2012/04/02/business/pension-funds-making-alternative-bets-struggle-to-keep-up.html?_r=1&hp
[headlines]
--------------------------------------------------------------
You May Have Missed---
Bye Bye BlackBerry. How Long Will Apple Last?
http://www.forbes.com/sites/adamthierer/2012/04/01/bye-bye-blackberry-how-long-will-apple-last/
[headlines]
--------------------------------------------------------------
SparkPeople--Live Healthier and Longer
Today I ran like a CHAMP!!
http://www.sparkpeople.com/mypage_public_journal_individual.asp?blog_id=4810707
[headlines]
--------------------------------------------------------------
Sports Briefs----
Baylor’s Depth Proves Too Much for Stanford
http://www.nytimes.com/2012/04/02/sports/ncaabasketball/baylor-beats-stanford-for-berth-in-ncaa-final.html?hp
NBC Sports Network's ratings take biggest drop in eight years after overhaul
http://www.nypost.com/p/news/business/what_the_puck_wn2b9Gi99p6hpCmcEp3CdP
Saints bounty players could face criminal charges
http://www.usatoday.com/sports/football/nfl/story/2012-04-01/saints-players-could-face-criminal-charges/53936312/1
[headlines]
--------------------------------------------------------------
Spring Poem
Spring Poem
Song, from Act V, Scene 2 of Love’s Labors Lost by William Shakespeare (1598)
When daisies pied, and violets blue,
And lady-smocks all silver-white,
And cuckoo-buds of yellow hue
Do paint the meadows with delight,
The cuckoo then, on every tree,
Mocks married men, for thus sings he:
“Cuckoo!
Cuckoo, cuckoo!” O word of fear,
Unpleasing to a married ear.
When shepherds pipe on oaten straws,
And merry larks are ploughmen’s clocks,
When turtles tread, and rooks, and daws,
And maidens bleach their summer smocks,
The cuckoo then, on every tree,
Mocks married men, for thus sings he:
“Cuckoo!
Cuckoo, cuckoo!” O word of fear,
Unpleasing to a married ear.
[headlines]
--------------------------------------------------------------
California Nuts Briefs---
Computer system dropped after $500 million spent
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2012/04/01/BAAL1NSN68.DTL
Russian tech revolution plants a flag in Silicon Valley
http://www.mercurynews.com/chris-obrien/ci_20286326/obrien-russian-tech-revolution-plants-flag-silicon-valley
San Francisco 49ers QB Alex Smith joins search for Sierra LaMar
http://www.mercurynews.com/ci_20299414/san-francisco-49ers-qb-alex-smith-joins-search?IADID=Search-www.mercurynews.com-www.mercurynews.com
[headlines]
--------------------------------------------------------------
“Gimme that Wine”
http://www.youtube.com/watch?v=EJnQoi8DSE8
endocino Wine Leader Moves On
http://www.winesandvines.com/template.cfm?section=news&content=99033&
htitle=Mendocino%20Wine%20Leader%20Moves%20On&
California Wine Gets More Diverse: The Balance Movement
http://www.huffingtonpost.com/richard-jennings/california-wine_b_1385271.html
Wine Industry Executive Mike Kenton Launches OFFbeat Brands
http://www.winebusiness.com/people/?go=getPeopleArticle&dataid=99034
Chuck Wagner will be the Recipient of the Professional Excellence in Oenology Award
http://www.winebusiness.com/people/?go=getPeopleArticle&dataid=99039
Finger Lakes winery wins grand championship in New World competition
http://www.democratandchronicle.com/article/20120329/BUSINESS/303280086/Finger-Lakes-winery-competition?odyssey=nav|head
Free Mobile Wine Program
http://leasingnews.org/archives/Feb2010/2_26.htm#mobile
Wine Prices by vintage
http://www.winezap.com
http://www.wine-searcher.com/
US/International Wine Events
http://www.localwineevents.com/
Winery Atlas
http://www.carterhouse.com/atlas/\
Leasing News Wine & Spirits Page
http://two.leasingnews.org/Recommendations/wnensprts.htm
[headlines]
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This Day in History
1513- Juan Ponce de Leon discovered Florida, landing at the site that became the city of St. Augustine. He claimed the land for the King of Spain.
1792-the first US Mint was established at Philadelphia, PA, as authorized by an act of Congress. Copper coins were authorized in one cent and half-cent ( coined until 1857). Gold coins in $10 Eagles, $5 half-eagles, and quarter eagles $2.50. It was not until 1849 that $20 double eagles and $1 gold pieces were authorized. All gold coins were discontinued by the Gold Reserve Act of January 30, 1934 that stated “ no gold shall hereafter be coined.” Silver coins were the half dollar, quarter dollar, dime, and half dime, until 1873, when Congress enacted what was known as
“the crime of 73”, that made gold the sole monetary standard. The first paper money was issued by Native Americans in Oregon, the Araphos. Paper money was not authorized until July 17, 1861 and August 5, 1861 by Congreesss
1829-the Bank deposit insurance law was enacted in the state of New York, assessing banks one-half percent of capital stock until 3 percent was set aside " ...for the benefit of the creditors. Banks, their officers, and their servants were required to be examined under oath at least once every four months.
1850-First masquerade ball in San Francisco with 600 guests. The event was organized by Tiffany Shlain and in 1998 moved to the Palace of Fine Arts with 2,000 guests.
1860--The birthday of Mary Raymond Shipman Andrews, author of The Perfect Tribute (1906) which sold more than 600,000 copies. It recounts the fictionalized meeting of Lincoln and a dying Confederate soldier during which Lincoln finds out the popularity of the Gettysburg Address. Her son became dean of the College of Law of Syracuse University.
1863- Richmond, Virginia Bread Riot: The women who marched through the streets of Richmond, Virginia, demanding food. Facing them, Confederate President Jefferson Davis was equally adamant: If the protesters did not disperse, they would be shot. Indicative of conditions in the Confederate capital of Richmond, VA, an angry mob's demands for bread from a bakery wagon escalated into the destruction of nearby shops. Confederate president Jefferson Davis, in a bold move, stepped into the angry crowd and stated, "We do not desire to injure anyone, but this lawlessness must stop. I will give you five minutes to disperse, otherwise you will be fired upon." The mob dispersed without bloodshed.
http://americanhistory.about.com/library/prm/blrichmondbreadriots1.htm
1865-the evacuation of Richmond, VA, was urged by General Robert E. Lee, who informed Confederate President Davis that he himself must withdraw from Peterburg, VA. Davis left the city that night with his cabinet, retreating to Danville. The now small Confederate army begin evacuation of Petersburg. Many believe it was General Grant and his troops that burned Richmond down, but that is not correct, according to historians and records of the time. “ Richmond, meanwhile, burned, as fires set by fleeing Confederates and looters raged out of control.”
http://memory.loc.gov/ammem/today/apr02.html
1866- Civil War Officially Ends. The state of “insurrection” was declared over by presidential proclamation in Georgia, South Carolina, Virginia, North Carolina, Tennessee, Alabama, Mississippi, Louisiana, Arkansas, and Florida. It was not until August 2 that the president announced that the “insurrection” was at an end in Texas, and that civil authority existed in the United States.
1908-the first professional to manage a city, now called “City Manager” and the most prevalent form of city government in the United States, was Charles Edward Ashburner of Richmond, VA. He was elected general manager by the city council of Staunton, VA. Prior to this time, the mayor was the manager of each city. This was the first “professional city manager”, who’s first year salary was $2,000; the second year salary, $2,500. He served until July, 1911.
1909-Birthday of 1909 Hymie Schertzer Birthday ( alto player with Bunny Berrigan, Benny Goodman )
1918- birthday of the renowned African-American artist, Charles White, who began his professional career by painting murals for the WPA during the Depression. He was influenced by Mexican muralists Diego Rivera and David Alfaro Siquieros. Among his most notable creations are: J'Accuse (1966), a series of charcoal drawings depicting a variety of African-Americans from all ages and walks of life; the Wanted posters (c.. 1969), a series of paintings based on old runaway slave posters; and “homage to Langston Hughes” 1971.
http://www.charleshwhite.com/
1928-vocalist/songwriter Marvin Gaye born Washington, DC. Sang in his minister father's church. With Harvey Fuqua in re-formed Moonglows. To Detroit in 1960. Session work as a Motown studio drummer. First recorded for Tamla in 1961. To Columbia in 1982. Fatally shot by father during quarrel on 4/1/84 in Los Angeles. Inducted into Rock and Roll Hall of Fame in 1987.http://www.rollingstone.com/artists/bio.asp?oid=3020&cf=3020
http://www.soul-patrol.com/soul/marvibd.html
1931-Jackie Mitchell, 17, became the first woman to pitch in a professional baseball game after she was signed to a contract by the Chattanooga Lookouts of the Southern Association. In an exhibition game against the New York Yankees, Mitchell struck out Babe Ruth ( who took strike three) and Lou Gehrig ( who gallantly missed three straight pitches) before Tony Lazzeri walked.
1932 -- Charles Lindbergh pays over $50,000 ransom for his kidnapped son.
1935--The birthday of Georgia Geyer, distinguished recipient of many journalistic and writing awards, was even imprisoned at one time because of her reportage. Her autobiography is part of the distinguished Radcliffe College series of outstanding American women.
1942-Glenn Miller records patriotic “ American Patrol.”
1947--Country singer Emmylou Harris was born in Birmingham, Alabama. She first hit the country charts in 1975 with a remake of the Louvin Brothers "If I Could Only Win Your Love," which went all the way to number one. Her other number-one country songs include "Together Again" and "Sweet Dreams," both from 1976. Although her early albums contained a mixture of country, ballads and rock, Harris has never been able to register a significant pop hit. In 1979, she began concentrating on pure country material, much of it produced by her husband, Brian Ahern. Harris was part of the hit "Trio" album with Dolly Parton and Linda Ronstadt in 1987.
1948---Top Hits
Now is the Hour - Bing Crosby
I’m Looking Over a Four Leaf Clover - The Art Moonie Orchestra
Beg Your Pardon - Francis Craig
Anytime - Eddy Arnold
1956-“As the World Turns” premiered on TV, one of the longest-running soaps currently on the air, "ATWT" premiered on CBS. The series is set in Midwestern Oakdale and revolves around the Hughes family and their neighbors. Irma Phillips was the show's creator and head writer. Some of its cast members who made it big are: Meg Ryan, Julianne Moore, Michael Nader, Steven Weber and Swoosie Kurtz.
1956-"The Edge of Night" premiered on CBS . Though the plots initially revolved around crime and courtroom drama, the serial's format soon developed along more conventional soap story lines of romance. The soap shifted to ABC in 1975 but was cancelled in 1984. Larry Hagman, Dixie Carter, Lori Loughlin, Willie Aames and Amanda Blake were some of the show's most prominent players.
1956---Top Hits
The Poor People of Paris - Les Baxter
Heartbreak Hotel - Elvis Presley
Rock Island Line - Lonnie Donegan
Blue Suede Shoes - Carl Perkins
1957--- Elvis Presley played two concerts before 23,000 people at Maple Leaf Gardens in Toronto. Presley performed outside the US only four times in his career - the two concerts in Toronto, one the next night in Ottawa and a later performance in Vancouver. The 15,000 fans who attended the second Toronto show was the largest audience the 22-year-old Elvis had faced. But before Presley came on, people had to sit through an hour of warm-up acts, including an Irish tenor, a rock 'n' roll tap dancer and a comedian who did an imitation of a woman taking off a girdle.
1961- Trial of Adolf Eichmann begins in Jerusalem
http://www.us-israel.org/jsource/Holocaust/eichmann.html
1963 -- Reverend Dr. Martin Luther King begins the first non-violent campaign in Birmingham, Alabama, followed by a sit-in on April 3rd.
http://mlk-kpp01.stanford.edu/index.php/encyclopedia/encyclopedia/enc_birmingham_campaign/
http://en.wikipedia.org/wiki/Bull_Connor
1964-The Beach Boys record "I Get Around", which will become their first US #1 single by the following July, selling nearly two million copies.
1964---Top Hits
She Loves You - The Beatles
Twist and Shout - The Beatles
Suspicion - Terry Stafford
Saginaw, Michigan - Lefty Frizzell
1965-Freddie And The Dreamers record "Do The Freddie", a song that was put together quickly after American audiences wanted to know more about the swaying motion that lead singer Fred Garrity seemed to do on stage.
1966-- Herb Alpert and the Tijuana Brass set a chart record when four of their albums make the Top 10 of the Billboard album chart at the same time.
1969 - The Milwaukee Bucks of the National Basketball Association signed Lew Alcindor for a reported $1,400,000 five-year contract. Alcindor soon changed his name to Kareem Abdul-Jabar and his team to the Los Angeles Lakers.
1969-Frank Sinatra's version of "My Way" entered the Billboard Hot 100 where it would rise to #27. In the UK, the song would spend an amazing 75 weeks in the Top 40, peaking at #5.
1971--- Janis Joplin's LP Pearl hits #1
1971-Ringo Starr releases his solo hit, "It Don't Come Easy." It would become his first top-10 hit.
1972---Top Hits
A Horse with No Name - America
Puppy Love - Donny Osmond
Mother and Child Reunion - Paul Simon
My Hang-Up is You - Freddie Hart
1974 - 46th Annual Academy Awards presentation at the Dorothy Chandler Pavilion in Los Angeles! Hosting the film industry celebration were John Huston, David Niven, Burt Reynolds, and Diana Ross. Pictures this year included: "Serpico", "The Exorcist", "Jonathan Livingston Seagull", "The Day of the Jackal", "American Graffiti", "Papillon", "Jesus Christ Superstar", "Last Tango in Paris", "Live and Let Die", "Cinderella Liberty". And this list doesn’t even include The Best Picture of the Year, "The Sting" (producers: Tony Bill, Michael Phillips, Julia Phillips). "The Sting" won six additional Oscars: Director (George Roy Hill); Art Direction (Henry Bumstead)and Set Decoration (James Payne); Costume Design (Edith Head); Film Editing (William Reynolds); Scoring/Original Song Score/Adaptation: (Marvin Hamlisch); Writing/Original Story/Screenplay based on Factual Material or Material Not Previously Published or Produced (David S. Ward); plus three additional nominations. Nor does it include these Oscar winners: Best Actor: Jack Lemmon for "Save the Tiger"; Best Actress: Glenda Jackson for "A Touch of Class"; Best Supporting Actor: John Houseman for "The Paper Chase"; Best Supporting Actress: Tatum O’Neal for "Paper Moon"; and Best Music/Song: "The Way We Were" -- Marvin Hamlisch (music), Alan and Marilyn Bergman (lyrics) from the movie of the same title.
http://www.infoplease.com/ipa/A0149268.html
1975 - The northeastern U.S. was in the grips of a severe storm which produced hurricane force winds along the coast, and two to three feet of snow in Maine and New Hampshire. Winds atop Mount Washington NH gusted to 140 mph.
1975 - The biggest snowstorm of record for so late in the season paralyzed Chicago, IL. Up to 20 inches of snow fell in extreme northeastern Illinois, and 10.9 inches of snow closed Chicago's O'Hare Airport.
1977 - "Sir Duke," Stevie Wonder’s tribute to Duke Ellington, was released.
1978-“Dallas” premieres on TV: Oil tycoons battled for money, power and prestige in this prime-time CBS drama that ran for nearly 13 years. The Ewings and Barneses were Texas's modern-day Hatfields and McCoys. Larry Hagman starred as the devious, scheming womanizer J.R. Ewing. When J.R. was shot in the 1980 season-ending cliffhanger, the revelation of the mystery shooter was the single-most watched episode of its time (it was Kristin, J.R.'s sister-in-law, played by Mary Crosby). Cast members included Jim Davis, Barbara Bel Geddes, Donna Reed, Ted Shackelford, Joan Van Ark (who, along with Shackelford, starred in the spin-off "Knots Landing"), Patrick Duffy, Linda Gray, Charlene Tilton, David Wayne, Keenan Wynn, Ken Kercheval, Victoria Principal and Steve Kanaly.
http://timstvshowcase.com/dallas.html
1979-Nickelodeon, the cable TV channel for kids owned by MTV Networks, debuted on this date.
1980---Top Hits
Another Brick in the Wall - Pink Floyd
Working My Way Back to You/Forgive Me, Girl - Spinners
Call Me - Blondie
I’d Love to Lay You Down - Conway Twitty
1980- Anne Murray won four Juno Awards, including best single for "I Just Fall in Love Again." Show host Burton Cummings was named top male vocalist.
1982 - Severe thunderstorms spawned fifty-six tornadoes in the central U.S., including seventeen in the Red River Region of Texas and Oklahoma. The tornadoes claimed thirty lives, and injured 383 other persons. A violent tornado near Messer OK left only the carpet tack strips on the slab of a house it destroyed, and carried a motel sign thirty miles.
1984 - John Thompson became the first black coach to lead his team to the NCAA college basketball championship. Georgetown’s Hoyas defeated Houston 84-75 in Seattle for the win. Thompson’s team in 1982 had finished second to North Carolina for the championship.
1985 - One day after its release, the album, "We are the World" was certified gold, when its sales reached an excess of 500,000 copies.
1985 - The NCAA Rules Committee adopted the 45-second shot clock for men’s basketball, to begin in the 1986 season. It was an effort to thwart the end-of-game stalls that kept opposing teams from scoring in close contests.
1987 - Eleven cities in Florida reported record low temperatures for the date, including Tallahassee with a reading of 31 degrees. The low of 48 degrees at Key West smashed their previous record for the date by 13 degrees
1987-- Canadian country rocker k.d. lang made her Los Angeles debut at The Roxy nightclub. Among the audience of 1,200 people were reviewers for the major newspapers and record industry executives. Lang's appearance came as her "Angel with a Lariat" was beginning its climb up the Billboard country chart.
1988---Top Hits
Man in the Mirror - Michael Jackson
Get Outta My Dreams, Get Into My Car - Billy Ocean
I Want Her - Keith Sweat
Love Will Find Its Way to You - Reba McEntire
1989 - Strong and gusty winds prevailed from California to Colorado and Wyoming. Winds gusted to 50 mph at Lancaster CA, and reached 85 mph at Berthoud Pass CO. Snow and high winds created blizzard conditions in the Colorado Rockies.
1990 - Thunderstorms produced severe weather in North Carolina and Virginia during the afternoon and evening. Thunderstorms produced golf ball size hail, and spawned a tornado near Chester VA which caused half a million dollars damage. A storm system produced snow and gale force winds across northern Michigan, with 8.3 inches of snow reported at Marquette. Temperatures in the north central U.S. soared from morning lows in the 20s and 30s to afternoon highs in the 60s and 70s. Eight cities reported record highs for the date, including Havre MT with a reading of 77 degrees.
1996- Tiger first baseman Cecil Fielder steals the first base of his eleven-year career. The swipe of second comes in the 1,097th game 'Big Daddy's' has played in the majors establishing the longest duration a player has ever gone without a stolen base.
1996-In a Chicagoland Collegiate Athletic Conference baseball game, St. Francisco of Illinois humiliated Robert Morris, 71-1, in a game that Robert Morris coach Gerald McNamara declared over after four innings. St. Francis scored 26 runs in the first inning, 22 in the second, 4 in the third, and 19 in the fifth. The Fighting Saints broke a dozen NCAA Division II records and tied four others.
2001 On Opening Day, Yankee fireballer Roger Clemens becomes the all-time AL career strike out leader passing Walter Johnson as he Ks Royals Joe Randa for his 3,509 Junior circuit victim. Passing the 'Big Train, the 'Rocket' now takes over the seventh spot in major league history.
2001- For the first time in major league history, a Japanese-born position player participates in
a regular-season major league game. Ichiro Suzuki, hitless in his first three at-bats, singles in the seventh inning to ignite a two-run rally and bunts for a hit in the eighth in his Mariner debut at Safeco Field.
2001—Duke University wins the NCAA Basketball Championship
http://sportsillustrated.cnn.com/basketball/college/2001/ncaa_tourney/news/
2001/04/02/final_gamer_ap/
2003- Mike Bordick's record streak for games and chances without an error by a shortstop
ends as Yankee outfielder Bubba Trammell's third inning grounder tips off his glove. After converting a fielder's choice in the first inning he misplays his second chance of the game establishing 544 chances and 110 consecutive games without an error a new major league mark for shortstops.
2003- Todd Zeile homers in first at-bat as a Yankee becoming the only major leaguer to hit a home run for ten different teams. In addition to homering with the Bronx Bomber, the infielder has also gone deep for the Cardinals, Cubs, Phillies, orioles, Dodgers, Marlins, Rangers, Mets, and Rockies.
NCAA Basketball Champions This Day
1984---Georgetown
1990—UNLV
2001---Duke
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