We are looking to grow our sales team!
Sales Managers and Sr. Account Executives CalFirst is seeking seasoned sales professionals to join our sales team in Irvine, CA. Our sales professionals are responsible for originating equipment leasing and
secured loan opportunities with middle to
large size companies located nationwide.
Transactions range from $1,000,000 to $30,000,000.
For more information, please contact
recruiting at: (949) 255-0500 ext. 392
Email: bcrogan@calfirst.com
www.calfirst.com
|
Thursday, April 10, 2014
Today's Equipment Leasing Headlines
Archives---April 10, 2009
Greystone, Burlington, MA, not Funding?
Classified Ads---Credit
New Hires--Promotions
Classified Ads---Help Wanted
24 Meet in Arizona for Lease Meeting
"The List" March, 2014
Top 100 Best Performing Community Banks
ICBA on FDIC Study on Industry Consolidation
German Shepherd Puppy
Irvine, California Adopt-a-Dog
Captain America: The Winter Soldier/Under the Skin
August: Osage County/A Field in England/The Past
Film and DVD Reviews by Fernando Croce
Classified Ads— Signing Service/Site Inspection
News Briefs---
QuikTrac Purchased by Bureau Veritas/Groomer to Remain
Marlin Business Finance Retreat Starting To Get Interesting
Leasing and asset financing—answers to some common questions
PacLease names Rush Truck Leasing – Houston, PacLease Edmonton
Kenworth as Franchise of the Year winners
Huntington Bankcshares Will Buy 11 Branches in Central, Eastern
Michigan, to Buy $450M in Deposits
Bank of America to pay $800 million for illegal credit card practices
Bank stock winners and losers for 2014
Hewlett-Packard fined $108 million in bribery cases
Broker/Funder/Industry Lists |
Features (collection)
Top Ten Stories Chosen by Readers |
Top Stories last six months
www.leasingcomplaints.com (Be Careful of Doing Business)
www.evergreenleasingnews.org
You May have Missed---
SparkPeople--Live Healthier and Longer
Poem
Sports Briefs---
California Nuts Brief---
"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.
Please send to a colleague and ask them to subscribe.
We are free.
[headlines]
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Archives---April 10, 2009
Greystone, Burlington, MA, not Funding?
"I work at Greystone and they have not funded our vendors For over two weeks now and in addition we have not been paid Commissions for the past two months.
"This is not a good situation.
"Please don't use my name."
It appears the statement is valid, except there appears to be some confusion regarding “quota.” The most important news is vendors will be paid soon.
It appears that Greystone Bank this week purchased leases and that vendor payments could be made starting as early as today, Friday, when paperwork is anticipated to be finalized relating to the funding; and that salesmen not getting paid is supposedly because they did not make quota (although the original Leasing News reader was not able to be contacted for verification at press time.)
The company apparently discussed a revised sales compensation program that provides that unless the sales force achieves sales quota, no commissions would be paid. One side tells us there are salesmen
who made the quote. The facts appear to be the plan was not finalized or rolled out to the staff (possibly because it was a "PV-based plan") and management allegedly has yet to establish a full complement of outside funding sources). Leasing News was told tension between sales and management is growing as sales people are being held accountable to a plan that hasn’t been rolled out because it is dependent upon a funding platform that yet to be fully implemented. Action may be taken soon regarding the software program not performing.
It appears management elected to change their funding platform effective 2009 and implementation is ongoing. As the end of the quarter approached the parent apparently decided to exert pressure by refusing to extend additional capital to supplement the warehouse lines. Our source state the company is actively engaged in securing third-party term sources for funding. In the meantime funding has been constrained.
Allegation that the parent or their sister bank are in trouble appear to be unsupported. Greystone is a large privately-held finance company comprised of 16 operating groups. Certain groups have multiple business units. Greystone Equipment Finance is one of three business units within the Commercial Finance operating group (the other two are asset-based lending and accounts receivable factoring businesses).
Reportedly Greystone holds close to a $1 million investment in Wildwood leases, another $1 million from a computer vendor subject to a 2008 Lease Police alert (Leasing News sources stated in 2008 Greystone had $300,000 of non-performing leases from this vendor and another $1 million of performing paper.) Greystone is not alone in the Wildwood or computer vendor fraud and is one of many leasing companies affected.
Today
(No Longer in Business)
Leasing Companies Out of Business
plus No Longer taking Broker/Discounting Business
Companies with an * are no longer in business. The others are companies that were taking broker business, but announced that they no longer are accepting broker business. Many have also down-sized or are managing an existing portfolio.
More details are available in this list by company name:
http://www.leasingnews.org/list_alpha_new.htm
*ABCO Leasing Inc., Bothell, WA
*ACC Capital, Midvale, Utah (lenders running off portfolio residuals)
Advantage Business Capital, Lake Oswego, Oregon
AEL Financial, Buffalo Grove, Illinois
(No longer taking new broker business)
Alliance Financial, Syracuse, New York
*AMC Funding, Charlotte, North Carolina
American Bank Leasing, Alpharetta, Georgia
*American Equipment Finance, Warren, New Jersey
Balboa Capital, Irvine, Ca
*Bank Midwest Leasing, Overland Park, KS
Bankers Healthcare Group, Weston, FL
*CapNet, Los Angeles, California
*C and J Leasing Corp, Des Moines, Iowa
*Carlton Financial Corporation, Wayzata, Minnesota
*Chase Industries, Inc., Grand Rapids, Michigan
*Chesterfield Financial, Chesterfield, Missouri
CHG-MERIDIAN U.S. Finance, Ltd, Woodland Hills, CA
(Sales Management focuses very selectively on certain brokers.)
*Churchill Group/Churchill Leasing, Jericho, NY
CIT Group (limited)
Columbia Bank Leasing, Tacoma, WA
Commercial Equipment Lease, Eugene, Oregon
Concord Financial Services, Long Beach, California
Court Square, Malvern, Pennsylvania
*Creative Capital Leasing Group, LLC, San Diego, CA
Direct Capital, Portsmouth, New Hampshire
Diversified Financial Service, Omaha, NE
Dolsen Leasing, Bellevue/Yakima, Washington
Equipment Finance Partners, a division of Altec, Birmingham, Alabama
Evans National Leasing, Inc., Hamburg, NY
Enterprise Funding, Grand Rapids, Michigan
* Evergreen Leasing, South Elgin, Illinois
*Excel Financial Leasing, Lubbock Texas
*First Corp.(IFC subsidiary), Morton Grove, Illinois
First Federal Financial Services, Inc., Menomonee Falls, Wisconsin
First Republic Bank, San Francisco, CA
Frontier Capital, Teaneck New Jersey
*GCR Capital, Safety Harbor, Florida
GE Capital, Conn (limited)
Global Funding LLC., Clearwater, FL
*Greystone, Burlington, MA
*Heritage Pacific Leasing, Fresno, CA
*Hillcrest Bank Leasing, Overland Park, KS (Parent bank sold)
Huntington Equipment Finance, Vendor Finance Group, Bellevue, Washington
*IFC Credit Corp., Morton Grove, Illinois
Irwin Financial (Irwin Union Bank), Columbus, Indiana
Irwin Union Bank, F.S.B. (Louisville, Kentucky)
Lakeland Bank, Montville, NJ
LaSalle Systems Leasing
*Latitude Equipment Leasing, Marlton, New Jersey
*Leaf Specialty Finance, Columbia, South Carolina
*LEAF Third Party Funding, Santa Barbara, Ca.
Lombard, part of Royal Bank of Scotland, worldwide
Marlin Business Services, Mount Laurel, NJ (accepting no new brokers, they may have opened for a select fee, but no more at this time, they say.)
M&T Credit (Bank)
*MericapCredit, Lisle, Illinois
Merrill Lynch Financial
*Mesa Leasing, San Diego, CA
Midwest Leasing Group, Livonia, Minnesota
National City, Cleveland, Ohio
*Navigator (Pentech subsidiary) San Diego, California
OFC Capital, Roswell, Georgia
Old National Bank, Evansville, Illinois
Pentech Financial, Campbell, CA
*PFF Bancorp, Inc, Pomona, CA
Pinnacle Business Finance, Fife, Washington
*Pioneer Capital Corporation, Addison, Texas
PredictiFund, a subsidiary of Capital Access Network, Inc
Popular Finance, St. Louis, Missouri
Puget Sound Leasing, Seattle, Washington
Radiance-Capital, Tacoma, WA
Rational Technology Solutions, Rolling Meadows, IL
*Reliant National Finance, Jacksonville, Florida
Sandy Springs, Olney, MD
Sovereign Bank, Melville, New York
Specialty Funding, Albuquerque, NM
*Studebaker-Worthington Leasing, Corp., Jerico, NY
(part of sale from Main Street Bank to Ascentium Capital)
Sun Trust Equipment Finance & Leasing, Baltimore, Maryland
*SunBridge Capital, Mission, Kansas
Suncoast Equipment Funding Corp., Tampa, Florida
TCF Equipment Finance, Minnetonka, Minnesota
TechLease, Morgan Hill, California
*Tennessee Commerce Bank, Franklin, Tennessee
Textron Financial
*Triad Leasing & Financial, Inc., Boise, Idaho
*Union Capital Partners, Midvale, Utah
US Bank, Manifest Funding, Marshall, Minnesota
(new requirement: large yearly funding)
US Bank, Middle-Market, Portland, Oregon
Velocity Financial Group, Rosemont, Illinois
VenCore, Portland, Oregon (former company Len Ludwig)
*Vision Capital, San Diego, California
Wachovia Bank Leasing
*Washington Mutual Financial
Western Bank, Devils Lake, ND
*Westover Financial, Inc., Santa Ana, California
(Note: Should a company policy have changed, please contact kitmenkin@leasingnews.org)
Funders looking for new Brokers:
http://www.leasingnews.org/Funders_Only/New_Broker.htm
"Broker/Lessor" looking for broker business:
http://www.leasingnews.org/Brokers/brokerlessor_bussiness.html
Working Capital Loans $10,000-$250,000 |
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[headlines]
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Classified Ads---Credit
(These ads are “free” to those seeking employment or looking
to improve their position)
Credit, syndication, workout experience
Exceptional work ethic, common sense coupled with practical experience in equipment finance, consumer, commercial. Can interact with all levels of borrowers and intermediaries. Not an originator – but can help sales team close – great up sell ability. Will relocate for the right opportunity AND can work remotely.aaacorrespondent@gmail.com
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Orlando, Florida
As a Commercial Credit Analyst/Underwriter, I have evaluated transactions from sole proprietorships to listed companies, across a broad spectrum of industries, embracing a multitude of asset types. Sound understanding of balance sheet, income statement and cash flow dynamics which impact credit decisions. Strong appreciation for credit/asset risk.
rpsteiner21@aol.com
407 430-3917 |
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]
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New Hires--Promotions
Neil Bennett joins Somerset Capital Group, Ltd., Milford, CT, as Vice President and General Manager for the company’s Ground Support Equipment Division. Bennett comes to Somerset with a deep background in all facets related to GSE including the experience of owning and managing GSE rental fleets and used units held for rental or sale. The Ground Support Equipment Division at Somerset represents a significant element of Somerset’s expanding portfolio. With the ability to offer operating and capital leases, as well as short-term rentals, trade-ins ,and remarketing services, Somerset brings its traditional full-service offerings to the GSE customers it has been working with for over a decade."
Jeff Ellis has joined Ivory Consulting, Walnut Creek, California as vice president, sales and business development. “Jeff will be tasked with helping new and existing customers adopt new technologies for pricing complex leases and loans in the cloud and on mobile devices...Ivory’s new vice president has held senior positions in sales, sales operations and business development with both private and public companies, including Nsite, Extensity, UB Networks and Tandem Computers...(He) received a J.D. from the Ohio State University Moritz College of Law and a B.A. in International Relations form the Ohio State University.”
Pierre Genest promoted to Director, Business Development at Trend Financial - Automotive Specialty Lender, Toronto, Canada. He joined the firm October, 2012. Previously he was Managing Director, Crelogix (December, 2004–October, 2012); Director, Sales and Marketing, Travelers Financial (2006–2011); Director of Sales and Marketing, Outside the Box Financial (June, 2002–November, 2004); Country Manager, Sales and Marketing – Canada, Credit Acceptance (July, 2001–April, 2002); National Sales Manager, Newcourt Credit Group (January, 1997–May, 2001); National Sales Manager, CIT (June, 1997–January, 2001); General Manager and Owner, Physi-Dent (January, 1993–May, 1997). Languages: English, French. Education: Concordia, BA, Economics (September, 1989–June, 1992).
Activities and Societies: Reading, Stock Market, World Economics, Motor Sports, Dynamophile, Sports, Wine Making. CEGEP - John Abbott College, DEC, General (1987–1989) Activities and Societies: DEC. QEHS. Volunteer: Burlington Counselling and Family services, Vice Chair (January, 2004–January, 2011).
ca.linkedin.com/in/pgenest
Mike Harris promoted to Senior Vice President, Regions Equipment Finance, Dallas/Fort Worth. He joined the company November, 2010. He started in business for GE Capital Retailer Financial Services, May, 1987; senior account executive, GE Capital Commercial Equipment Finance; sales manager, January, 2001; region manager, January, 2004; senior managing direct (vendor finance), January, 2009. Education: The University of Texas at Austin, Bachelor of Business Administration, Finance (1983 – 1986).
www.linkedin.com/pub/mike-harris/31/611/88
Shaun M. Maciejewski has joined Blue Bridge Financial, Buffalo, New York, as marketing manager. “(He)…will be responsible for integrating and coordinating all marketing efforts, including social media outreach, trade show presence and sales support. With a focus on expanding CRM, Maciejewski will establish new forms of communication with existing and future business partners.” Previously he was Owner/Art Director, Creative Type Co. (October 2005 – April, 2014); Designer, North America Marketing, New Era Cap (June,2012 – March, 2014); Graphic Designer, Canisius College (July, 2005 – May, 2012); Production Manager / Designer, Quinlan & Company Advertising (September, 2004 – July, 2005); Art Director, FB Portable Displays, Inc. (April, 2002 – September, 2004); Canisius College, Master of Science (MS), Communication and Leadership, Integrated Marketing Communication, 3.7 (2007 – 2011). Education: Cornell University Certificate, Project Leadership (2012 – 2014 (expected));University at Buffalo, The State University of New York, Bachelor of Fine Arts, Communication Design with an Art History minor, 3.5 (1999 – 2001); Villa Maria College, Associate of Applied Science, Graphic Design, 3.8 (1997 – 1999). Activities and Societies: Phi Theta Kappa
www.linkedin.com/in/shaunmaciejewski
Paul Menzel, CLP, President & CEO at Financial Pacific Leasing, Federal Way, Washington, has also been named President at Umpqua Bank Equipment Leasing & Finance, the parent of Financial Pacific Leasing. Previously he was President, Leaf Funding (2007–2008); SVP - Community Banking, Pacific Capital Bancorp (aka Santa Barbara Bank & Trust) (1996–2007); President, Cal Fed Credit (June, 1986–June, 1996); SVP - General Manager, Puritan Leasing Company (May, 1975–June, 1986). He was named 2005 Leasing News Person of the Year. Education: University of California, Berkeley - Walter A. Haas School of Business, BS, Marketing (1974). Golden Gate University, MBA, Management
www.linkedin.com/pub/paul-menzel/14/33b/30b
Scott Olson named Regional Sales Manager at Meridian Leasing, Greater St. Louis Area. Previously, he was Account Executive - Central Region, CSI Leasing (May, 2005 – April, 2014); Financial Analyst, Commerce Bank (March, 2003 – May, 2005). Education: University of Dayton. Regis University.
www.linkedin.com/pub/scott-olson/4/290/a87
Greg Shannon hired as named relationship manager for EverBank Commercial Finance, Inc., Parsippany, New Jersey; based out of the Chicago, Illinois area. Previously, he was District Sales Manager, Wells Fargo Financial Leasing (August, 2011 –April, 2014); Regional Sales Manager, Trilogy Leasing Co., LLC (September, 2008 – August , 2011); VP, US Bank Technology Finance (January ,2007 – September , 2008); Regional Sales Manager, National City Technology Finance (2004 – 2005); Regional Sales Manager, National City Technology Finance (2004 – 2005); Regional Sales Manager, GE Capital (1995 – 1998). Education: Western Illinois University, BA, Law Enforcement (1985 – 1986). Went to University of Iowa 83 & 84 Activities and Societies: Athletics: Soccer & Baseball
www.linkedin.com/pub/greg-shannon/14/4b9/bb7
Kyle Twombley promoted to Strategic Account Manager at Direct Capital Corporation Dover, New Hampshire. He started with the company January, 2013 as finance manager, then business development, August, 2013.
www.linkedin.com/pub/kyle-twombley/64/b89/1b0
Jennifer Vanderveen named Vice President-Sales at Nations Equipment Finance Orange County, California Area. Previously she was Vice President, Vendor Programs, STRADA Capital Corporation (August, 2013–March, 2014); Senior Finance Manager, AXIS Capital, Inc. (August, 2011–August, 2013); Account Executive, Content Launch (May, 2011–August, 2011); Founder, The Lions Share (December, 2008–May, 2011); Founder, Bella Vida 9 (June, 2004–October, 2008). Education: Full Sail University, Bachelors of Science, Internet Marketing (2010–2012).
www.linkedin.com/in/jennifervanderveen
Cliff Wegener named relationship manager for EverBank Commercial Finance, Inc., Parsippany, New Jersey; based out greater Denver, Colorado area. Previously, he was Vice President of Sales, Western Region CIT Group, Vendor Finance (2002–2014); Sales Manager, Fleet Leasing (October, 1997–March, 2002); Territory Sales Manager, Fleet Capital Leasing (1997–2002). Education: Bowling Green State University, BS, Business, Sales/Marketing (1978–1981). Greenwich HS, Greenwich, CT. Activities and Societies: Varsity Hockey, Club Lacrosse, GDI
www.linkedin.com/pub/cliff-wegener/13/879/899
[headlines]
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Leasing Industry Help Wanted
We are looking to grow our sales team!
Sales Managers and Sr. Account Executives CalFirst is seeking seasoned sales professionals to join our sales team in Irvine, CA. Our sales professionals are responsible for originating equipment leasing and
secured loan opportunities with middle to
large size companies located nationwide.
Transactions range from $1,000,000 to $30,000,000.
For more information, please contact
recruiting at: (949) 255-0500 ext. 392
Email: bcrogan@calfirst.com
www.calfirst.com
|
National Sales Representatives
Experienced, with existing business to bring, all industries.
Salary plus commission, good benefit package.
AXIS - A, B, C lender for small and mid-ticket markets. Call Jean Harlow– 800.994.0016
email or forward resumes to: HR@Axiscapitalinc.com
axiscapitalinc.com
Growing with fast approvals and quick
fundings
|
Credit Manager
Fort Collins, Colorado
Responsible for the daily management of the underwriting
efforts in the credit department on transactions up to $75,000
Click here for more informationn
www.pawneeleasing.com
-Est. 1982, specializing in the under $75,000
marketplace to smaller, closely-held businesses--
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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]
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24 Meet in Arizona for Lease Meeting
The Arizona Leasing Association (AZELA) held its first meeting for 2014 on April 1 with no fools in attendance! The meeting started with the Second Annual Golf Tournament at the Star Fire Golf Club in Scottsdale. The 10 golfers enjoyed ideal conditions to compete for various prizes.
The day continued with a dinner meeting for 23 attendees that included funders, brokers, and service providers. The companies had a chance to elaborate on the services that were provided to help provide growth to the equipment finance industry, in addition to providing personal observation on the state of the industry.
Many of the attendees continued there week at the National Equipment Finance Association (NEFA) Finance Summit held in Scottsdale April 2-4.
Bernice Truszkowski
"Your equipment finance specialist"
Equipment Funding Ltd.
[headlines]
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"The List" March, 2014
--- Mergers, Acquisitions & Changes
"The Good, the Bad and the Ugly---
Element Financial, Toronto, Canada (03/14) completes Additional US $118 million Funding of Trinity Railcar Leases--$2 Billion is Goal
Balboa Capital, Irvine, Ca. Irvine, California (03/14) Balboa Capital Papa Murphy’s Bulletin Board Complaint http://leasingnews.org/archives/Mar2014/3_26.htm#ads_cr
(02/14) Looses temporary restraining order against Regents Capital
http://leasingnews.org/archives/Mar2014/3_18.htm#balboa
Ascentium Capital, Kingwood, Texas (03/14) Closes $200 Million Securitization
Renasant Bank, Birmingham, Alabama (03/14) Patricia "Patti" Toro Reid to lead new equipment financing division.
http://leasingnews.org/archives/Mar2014/3_10.htm#renasant
http://leasingnews.org/archives/Mar2014/3_12.htm#clarification
Equipment Acquisition Resources, Palatine, IL. (03/14) US Attorney Indicts EAR President Mark Anstett and Two Others for $100 Million Leasing Fraud
http://leasingnews.org/archives/Mar2014/3_03.htm#us
Alphabetical Order
http://www.leasingnews.org/list_alpha_new.htm
Chronological Order
http://www.leasingnews.org/list_chron_new.htm
[headlines]
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#### Press Release #############################
SNL Financial: Top 100 Best Performing Community Banks
Charlottesville VA, At the 3rd Annual Community Bankers Conference in Dallas, Texas, SNL Financial released its annual ranking of 2013’s top 100 best performing banks in two categories: community banks with assets between $500 million and $5 billion and community banks with assets less than $500 million.
Of the companies with assets between $500M and $5B, Grafton, ND-based Choice Financial Holdings Inc. earned the top place. Coming in as first and second runners-up, respectively, were Saint Cloud, MN-based Stearns Financial Services Inc. and Corsicana, TX-based Community National Bank & Trust of Texas, a unit of Community Bank Holdings of Texas Inc. Stearns Financial Services climbed from number 4 in the 2012 ranking.
For banks with under $500 million in assets, the state of Oklahoma boasted 10 of the nation's top 100 performing community banks, including the No. 1 and No. 2 place finishers, Farmers Exchange Bank and Bank 7, respectively.
Both banks have benefitted from the booming Oklahoma economy, which some experts believe fared much better during the downturn compared to most states. California-based Capital Bank, rose significantly in the under $500M category ranking this year, reaching the third place spot after falling short of the top 100 the previous three years. The top 10 in the category of banks with assets under $500 million was not without familiar faces though, with Amerasia Bank and Hershey State Bank returning to the top 10 again this year, after placing fifth and seventh, respectively, last year.
Best Performing community banks of 2013 $500M to $5B in Assets
Best Performing community banks with less than $500M in assets
##### Press Release ############################
[headlines]
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##### Press Release ############################
ICBA on FDIC Study on Industry Consolidation
Study Confirms That Community Banks Remain Resilient
Washington, D.C. —John Buhrmaster, president of 1st National Bank of Scotia, N.Y., and chairman of the Independent Community Bankers of America® (ICBA), and Camden R. Fine, ICBA president and CEO, issued this statement following the Federal Deposit Insurance Corp.’s (FDIC) release of a study addressing community bank resiliency amid banking industry consolidation.
John Buhrmaster, Chairman, ICBA
President, 1st National Bank of Scotia, N.Y.
“ICBA thanks the FDIC for commissioning this report, which clearly demonstrates that the community banking industry remains resilient and has a bright future ahead. This FDIC study reiterates that community banks continue to grow, adapt, and evolve and debunks the misguided rumors that banks must hold $1B in assets to survive. Indeed, most community banks are in fact thriving, despite significant headwinds brought on by the after effects of the financial crisis, such as increased regulatory burden and compressed interest margins.
“Despite industry consolidation, the FDIC points out that most community bank combinations have been with other community banks. Not only is this good for the industry, but it’s also fortunate for communities and small businesses that depend on the expertise that only a community bank can provide. Nevertheless, it cannot be overlooked that consolidation sheds much-needed light on the current regulatory environment that community banks face and the continued need for tiered regulation. This is exactly why legislation like the CLEAR Relief Act (H.R. 1750), which aims to limit regulatory burden on community banks, is essential for community banks and the communities they serve.
“The report points to the fact that consolidation has had its biggest net effect on the very smallest and the largest banks, noting that the number of institutions with assets less than $25 million declined by 96 percent during this period, from 5,717 to just 205. The FDIC study also highlights the alarming trend of increasing financial concentration among the nation’s largest financial institutions. In 1990, the ten largest banks controlled 19 percent of industry assets, but by the end of 2013, they controlled 56 percent. The recent financial crisis showed us firsthand how financial concentration in a handful of megabanks can produce devastating consequences for our nation’s economy which ultimately led to even more financial consolidation. That is why ICBA supports real reforms to limit systemic risk and taxpayer support of too-big-to-fail financial institutions, such as the Terminating Bailouts for Taxpayer Fairness (TBTF) Act (S. 798), introduced by Sens. Sherrod Brown (D-Ohio) and David Vitter (R-La.).
“Still, this report points to the fact that even after more than 30 years of industry consolidation community banks continue to serve as vital sources of credit for small businesses and providers of banking services to communities that might not be served by non-community banks. The evidence strongly suggests that community banks will continue to carry out these important functions for years to come for the benefit of small businesses, consumers and communities nationwide.
“ICBA commends the work of the FDIC in focusing on the importance of community banks to the nation’s economy and looks forward to continuing this critical discussion with the agency to demonstrate how tiered regulatory and legislative policies are essential for the health of our nation’s economy.”
To review the FDIC’s research study on long-term bank consolidation and the ongoing resilience of community banks, click:
http://www.fdic.gov/bank/analytical/quarterly/2014_vol8_2/article.pdf
About ICBA
The Independent Community Bankers of America®, the nation’s voice for more than 6,500 community banks of all sizes and charter types, is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education and high-quality products and services. For more information, visit www.icba.org.
### Press Release ############################
[headlines]
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German Shepherd Puppy
Irvine, California Adopt-a-Dog
Chenin
“Female German Shepherd Dog about 2-3 months old. Good with kids. OK with cats. Gets along with other dogs.
“This is "Chenin". She is the tracking dog of the group! I cannot go anywhere that she cannot find me! She was the first one to learn how to use the BIG dog door. An absolute cuddle-bug!”
“We are asking a $500 Adoption Donation for our C Puppies!”
Coastal German Shepherd Rescue
P.O. Box 50726
Irvine, California 92619-0726
For inquiries about our dogs, please email: ocdogs@coastalgsr.org
Telephone: (714) 528-4730
Adopt a Pet
http://www.adoptapet.com/
[headlines]
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Classified ads—Finance/Human Resources
Leasing Industry Outsourcing
(Providing Services and Products)
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Finance: Chicago, IL
Experienced in big ticket origination, syndication, valuation and workout.
Twenty five years, MBA, CPA, |
JD, LLM (Tax), structuring specialist. Inbound and outbound transactions. Email:pal108381@comcast.net
Transaction Summary | The Lechner Group
Website: www.tlgattorneycpa.com
|
Finance: Naperville, IL
Your guide to the right questions and answers in finance. Expert in capital raising, GAAP, acquisitions, lease economics. CPA. MBA.
E-mail: m.willow@ameritech.net |
Finance: Charlotte, NC
15 Years of Equipment Leasing Experience and Recruiting with Business Aviation niche. Visit us at www.turningpointgrp.com
E-mail: info@turningpointgrp.com |
Human Resource Consultant: New York, NY
Employee Relations, Recruiting, Benefits, employee customer surveys, plus payroll administration "ON-LINE" services-- AND IN PERSON at your location Please visit:www.adviceonhr.com
|
Information System: North Detroit, MI
INFOLEASE EXPERT - 18 years experience. Since being downsized in 2002, working as a consultant for several leasing companies.
Seeking consulting projects nationwide.
email: darwint@prodigy.net |
Finance: New York, NY
“Think Outside the Bank”. Barrett Capital is a merchant banking and consulting firm, specializing in asset based financing: equipment, vehicles, receivables and real estate.
Email: bkorn@barrettcapital.com
Web: www.barrettcapital.com |
All "Outsourcing" Classified ads (advertisers are both requested and responsible to keep their free ads up to date:
http://www.leasingnews.org/Classified/Outsourcing/Outsourcing.htm
How to Post a free "Outsourcing" classified ad:
http://www.leasingnews.org/Classified/Outsourcing/Outsourcing-post.htm
John Kenny
Receivables Management
• End of Lease Negotiations & Enforcement
• Fraud Investigations
• Credit Investigations • Asset Searches
• Skip-tracing • Third-party Commercial Collections
john@jkrmdirect.com | ph 315-866-1167| www.jkrmdirect.com |
(Leasing News provides this ad as a trade for investigations
and background information provided by John Kenny)
[headlines]
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Fernando's View
By Fernando F. Croc
A rousing blockbuster ("Captain America: The Winter Soldier") and a science-fiction mood piece ("Under the Skin") make for a contrasting double-bill at the box-office, while family dramas ("August: Osage County" and "The Past") share the DVD shelf with historical British horror ("A Field in England").
In Theaters:
Captain America: The Winter Soldier (Paramount Picture): Easily the most guileless superhero in the Marvel comic-book universe, Steve Rogers (aka Captain America) gets his second chapter in this fun, action-packed blockbuster. Unfolding after the heroic extravaganza of "The Avengers," the plot moves from New York City to Washington, D.C., where Rogers (Chris Evans) tries his best to adapt his sense of 1940s gee-whiz innocence to modern times. However, he's soon facing a new mission when Nick Fury (Samuel L. Jackson) reveals to him that the world may be again under threat from sinister forces. With the help of Black Widow (Scarlett Johansson) and Falcon (Anthony Mackie), he must dust off his red, white and blue shield and face his foes once more. Directed by Anthony and Joe Russo, this is a rousing thrill-machine that keeps on delivering for superhero fans.
Under the Skin (A24): Making his first film in ten years, British filmmaker Jonathan Glazer ("Sexy Beast") serves up an unforgettable slice of science-fiction with this challenging mood piece. The story takes place in Scotland, where an alien creature takes the form of a beautiful young woman (played by Scarlett Johansson) in order to lure men to their doom. An outline of the plot may sound like a silly retread of other sirens-from-outer-space thrillers, but that doesn't do justice to the astonishing atmosphere created by Glazer, where a wintry, unvarnished naturalism is combined with a most extreme stylization. The result is a mixture of dread and wonder that's uncannily attuned to the strange new emotions of Johansson's interplanetary seductress. Bringing to mind such classic as "2001: A Space Odyssey" and "The Man Who Fell to Earth," this is one of the year's best releases.
Netflix Tip:
A bona fide screen legend, Mickey Rooney (1920-2014) had a decade-spanning career that outlasted just about everyone in Hollywood. In honor of this inimitable performer, check out Netflix for some of Rooney's most famous roles, from "Love Finds Andy Hardy" (1938) and "National Velvet" (1944) to "Santa Claus Is Comin' to Town" (1970) and "The Black Stallion" (1979). |
On DVD:
August: Osage County (Anchor Bay): The darker side of family matters is the subject of this all-star adaptation of Tracy Letts' award-winning play, an acidic comedy-drama set in rural Oklahoma. In another fierce, Oscar-nominated performance, Meryl Streep stars as Violet, an ailing but still vehement matriarch whose household is thrown off-kilter by the sudden disappearance of her husband (Sam Shepard). Soon, the home is flooded by relatives, including sister Mattie (Margo Martindale), daughter Barbara (Julia Roberts) and granddaughter Jean (Abigail Breslin), all of whom have their own dirty laundry to air out. A poison letter to family reunions, John Wells' streamlined film version maintains the original's flavor thanks to its powerhouse cast (which also includes Juliette Lewis, Ewan McGregor, and Chris Cooper), who tears into Letts' characteristically humorous nastiness with gusto.
A Field in England (New Film): With the releases of "Kill List" and "Sightseers," writer-director Ben Wheatley has become a modern specialist in British horror. He further cements that reputation with this one-of-a-kind tale, set in the 17th-century during the English Civil War. The story centers on the uneasy alliance between an alchemist's apprentice named Whitehead (Reece Shearsmith) and three men in the army (Ryan Pope, Peter Ferdinando, Richard Grover). While seeking an escape from the battles around them, the men stumble upon a mysterious Irishman (Michael Smiley) who reveals the location of a buried treasure nearby. With their suspicion flaring up along with Whitehead's penchant for hallucinations, however, it's not going to be an easy search. Setting off gorgeous black-and-white cinematography with psychedelic shocks, this unusual film is a choice ride for adventurous viewers.
The Past (Sony): Oscar-winning Iranian filmmaker Asghar Farhadi ("A Separation") contemplates another emotional dilemma in this deft drama, set in France. After four years apart, Ahmad (Ali Mosaffa) returns to Paris to finish divorce procedures with his ex-wife Marie ("The Artist's" Berenice Bejo). Things get complicated, however, when he starts to learn more about her new boyfriend Samir (Tahar Rahim), whose own wife now lies in a coma. A revelation from Ahmad's and Marie's troubled daughter Lucille (Pauline Burlet) further adds to the thorny tangle of love and betrayal, secrets and lies. Brimming with the wrenching intimacy that's at the heart of the best of Iranian cinema, Farhadi's film casts an affecting spell on audiences. With subtitles.
[headlines]
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News Briefs----
QuikTrac Purchased by Bureau Veritas/Groomer to Remain
http://www.bizjournals.com/portland/morning_call/2014/04/paris-company-snatches-up-beaverton-firm-quiktrak.html?s=image_gallery
Marlin Business Finance Retreat Starting To Get Interesting
http://seekingalpha.com/article/2130993-marlins-retreat-starting-to-get-interesting
Leasing and asset financing—answers to some common questions
http://www.canadianmanufacturing.com/manufacturing/leasing-and-asset-financing-answers-to-some-common-questions-135215
PacLease names Rush Truck Leasing – Houston, PacLease Edmonton Kenworth as Franchise of the Year winners
http://fleetowner.com/equipment/paclease-names-rush-truck-leasing-houston-paclease-edmonton-kenworth-franchise-year-winner
Huntington Bankcshares Will Buy 11 Branches in Central, Eastern Michigan, to Buy $450M in Deposits
http://www.benzinga.com/news/14/04/4457475/update-huntington-bankcshares-will-buy-11-branches-in-centeral-eastern-michigan-t
Bank of America to pay $800 million for illegal credit card practices
http://www.upi.com/Business_News/2014/04/09/Bank-of-America-to-pay-800-million-for-illegal-credit-card-practices/8281397072125/?spt=sec&or=bncx
Bank stock winners and losers for 2014
http://www.marketwatch.com/story/bank-stock-winners-and-losers-for-2014-2014-04-09?link=MW_home_latest_news
Hewlett-Packard fined $108 million in bribery cases
http://www.sfgate.com/business/article/Hewlett-Packard-fined-108-million-in-bribery-5390352.php?cmpid=hp-hc-bustech
((Please Click on Bulletin Board to learn more information))
(Leasing News provides this ad “gratis” as a means
to help support the growth of Lease Police)
[headlines]
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--You May Have Missed It
Longer-Term Challenges for the American Economy
Federal Reserve System Governor Daniel K. Tarullo
http://www.federalreserve.gov/newsevents/speech/tarullo20140409a.htm
[headlines]
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SparkPeople--Live Healthier and Longer
Free Diet and Fitness App
http://www.sparkpeople.com/blog/blog.asp?post=spa
[headlines]
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Spring Poem
© Camille Gotera
When the cold, harsh winter has given its last breath,
When the sky above shows life instead of death,
When the claws, reaching to the frozen sky becomes decorated with
leaves,
When the animals-long in hiding- scurry from trees,
We know winter has ended.
When the frost on grass is replaced with sweet dew,
When the fields become dotted with flowers, reminding me of you,
When the lonely silence becomes filled with melodies,
When you feel warm air, erasing bad memories
We know winter has ended.
When the hard, bare ground becomes painted with green,
When the frost-bitten air becomes fresh and clean,
When the coats and boots are all stored away,
When the playgrounds become occupied again with child's play,
We know winter has ended.
When you hear the pleasant sound of children's laughter,
When the air is filled with joy- long sought after,
When the world is filled with sunlight, brighter and longer,
When the song of Mother Nature becomes stronger and stranger,
Spring has begun.
Source: http://www.familyfriendpoems.com/poem/change-of-seasons-spring#ixzz2yR0tgNJi
Family Friend Poems
[headlines]
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Sports Briefs----
Preseason schedule: Broncos to help 49ers break in new stadium
http://blogs.sacbee.com/49ers/archives/2014/04/which-nfl-opponent-gets-to.html
No Tiger? No problem at the Masters
http://espn.go.com/golf/masters14/story/_/id/10748455/no-tiger-woods-no-problem-masters-golf
[headlines]
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California Nuts Briefs---
California water plan unveils hardships to come as drought persists
http://www.sacbee.com/2014/04/09/6311226/california-water-plan-unveils.html
Glen Ellen company gives solar panels a shine, sparking better performance
http://www.pressdemocrat.com/article/20140409/business/140409516
[headlines]
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“Gimme that Wine”
http://www.youtube.com/watch?v=EJnQoi8DSE8
Domaine Carneros CEO Eileen Crane still seeking perfection (w/video)
http://www.pressdemocrat.com/article/20140408/lifestyle/140409641
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]
----------------------------------------------------------------
This Day in History
1776 – US Navy captures British frigate, HMS Edwards, off the Virginia coast, one of the first such victories for the young Navy.
1777 - The Continental Congress held a lottery for the purpose of raising funds. The lottery was approved on November 1, 1776, and seven managers were appointed to conduct it. Treasury bank notes were awarded as prizes, payable at the end of five years. Funds were obtained by lottery by individual colonies at various times prior to this national lottery.
1778 – John Paul Jones left port at Brest, France on behalf of the US colonies, heading for the Irish coast to engage British warships.
1790 - When Robert Gray docked the Columbia at Boston Harbor, he became the first American to circumnavigate the earth. It took him three years. His 42,000-mile journey opened trade between New England and the Pacific Northwest and helped the US establish claims to the Oregon Territory.
1794- Birthday of Matthew Calbraith Perry, Commodore in the US Navy, and negotiator of the first treaty between US and Japan (Mar 31, 1854). Born at South Kingston, RI. Died Mar 4, 1858, at New York, NY.
1816-- In Philadelphia, church reformer Richard Allen, 56, was elected the first bishop of the newly-created African Methodist Episcopal (AME) Church. Previously, in 1799, Allen had been the first black ordained to preach in the Methodist Episcopal Church.
1829- The birthday of General William Booth, founder of the movement that became known, in 1878, as the Salvation Army, at Nottingham, England. Apprenticed to a pawnbroker at the age of 13, Booth experienced firsthand the misery of poverty. He broke with conventional church religion and established a quasi-military religious organization with military uniforms and ranks. Recruiting from the poor, from converted criminals, and from many other social outcasts, his organization grew rapidly and its influence spread from England to the US and to other countries. At revivals in slum areas, the itinerant evangelist offered help for the poor, homes for the homeless, sobriety for alcoholics, rescue homes for women and girls, training centers and legal aid. Booth died at London, England, Aug 20, 1912.
1845 - Erastus Brigham Bigelow received a patent for his invention of gingham manufacturing machinery. Previously, all gingham had been made by hand at home. He capitalized Lancaster Mills at $500,000 and opened it in 1846 in Clinton, MA.
1847 -- Joseph Pulitzer born, Budapest (or Makó), Hungary. Bought the New York World in 1883. In 1885, he was elected to Congress from New York, but resigned. In the 1890s, Pulitzer had a circulation war with William Randolph Hearst and his newspapers were accused of "yellow journal" practices. Through his will, he established the Columbia University School of Journalism and annual prizes for literature, drama, music, & journalism. Leasing News "Mission" is based on his retirement speech:
http://www.leasingnews.org/Mission_Statement.htm
http://www.spartacus.schoolnet.co.uk/Jpulitzer.htm
http://www.pulitzer.org/history.html
1849- Walter Hunt of New York patented the first safety pin. Within the space of three hours, he conceived the idea, made a model, and then sold his patent rights for $100.
1854--Two earthquakes shock San Francisco, one at 10:30 a.m. and another 15 minutes later. The second was the most severe and more violent at Pt. Lobos
1865 – After the fall of the city and the evacuation by the Confederate government, including Jefferson Davis, President Lincoln tours Richmond, VA. On this same day, General Robert E. Lee addresses his Confederate troops for the last time before surrendering to General U.S. Grant at Appomattox Court House.
1866-Henry Bergh organized the American Society for the Prevention of Cruelty of Animals, patterning it after the Royal S.P.C.A. of London. He returned to New York City after a trip to St. Petersburg, Russia, where he was appalled by the beatings which droshky drivers in Russia administered to their horses.
1877-Nathanael Greene Herreshoff of Providence, RI, received a patent for a boat on two parallel hulls. He called it a “catamaran”. This jointed boat is still used today, principally by lifeguards at public beaches.
1878 -- In San Francisco, the California Street Cable Car Railroad Company starts service.
http://www.cable-car-guy.com/html/ccsf.html
1879 – Sandor Hertz, the founder of what became Hertz Car Rentals, was born.
1880 - Birthday of Frances Perkins, first woman member of a US presidential cabinet. Born at Boston, MA, she was married in 1915 to Paul Caldwell Wilson, but used her maiden name in public life. She was appointed Secretary of Labor by President Franklin D. Roosevelt in 1933, a post in which she served until 1945. Died at New York, NY, May 14, 1965.
1894 - A heavy late season snow blanketed parts of the northeastern U.S. Heavier snowfall totals included 31.5 inches at Salem Corners PA, 30 inches at LeRoy, NY, 26 inches at York PA, 14 inches at Waterbury CT, and 9 inches at Providence RI.
1872—The First Arbor Day.
http://memory.loc.gov/ammem/today/apr10.html
1912 – HMS Titanic, on its maiden voyage, leaves Southampton, England.
1913 - In a game which features President Woodrow Wilson throwing out the first pitch, Washington's Walter Johnson gives up an unearned run in the first inning of the home opener but will not yield another for 56 innings. The Senators beat the Yankees, 2-1.
1915 - Birthday of actor Harry Morgan (born Harry Bratsberg) in New York. A close friend of Clifford Odets and many fine actors, Morgan moved to Hollywood and became a hit on "December Bride", then "Pete and Gladys”, then went onto “M*A*S*H” as Col. Henry Potter, and to “Dragnet” as Officer Bill Gannon, among others. He was the father of one of my best friends in high school, Chris. He had a deep, low voice, which he could use with much power, when he wanted to. Harry Morgan passed away December 7, 2011.
http://en.wikipedia.org/wiki/Harry_Morgan
1916- A number of golf professionals are invited to lunch at the Taplow Club on January 17, by Rodman Wanamaker, to discuss the feasibility of forming a national association of golf professionals. PGA of America founded April 10 in New York City with 35 charter members, says the official site, but history books state the number at 83. “ Following the organizational luncheon meeting in January, 82 charter members approved a constitution to create the Professional Golfers' Association of America. The members agreed to promote interest in the game of golf, elevate the standards of the golf professional's vocation, protect their mutual interests, and establish a national professional championship.
1917- Birthday of the “Beautiful Mind,” Robert Woodward, Nobel Prize-winning (1965) Harvard University science professor whose special field of study was molecular structure of complex organic compounds. Called "one of the most outstanding scientific minds of the century." Born at Boston, MA, he died at Cambridge, MA, July 8, 1979.
1921- Birthday of Kevin Joseph “Chuck” Connors. "The Rifleman" of television fame, Connors played that role from 1958 to 1963. His portrayal of a slave owner in the miniseries “Roots” won him an Emmy nomination. Connors acted in more than 45 films and appeared on many TV series and specials. He played professional basketball, and during warmups in the first-ever Boston Celtics game on November 5, 1946 at Boston Arena, Connors took a shot that caught the front of the rim and shattered the backboard. He also played Major League Baseball with the Brooklyn Dodgers and Chicago Cubs before becoming an actor. Born at Brooklyn, NY; died Nov 10, 1992, at Los Angeles, CA. (My father Lawrence Menkin wrote many of “The Rifleman” scripts.)
1921 – Birthday of Sheb Wooley. CMA Comic of the Year [1968]; singer, songwriter: “The Purple People Eater”, “Are You Satisfied”, “Hee Haw Theme”; actor: “Rawhide”, “High Noon”, “Rocky Mountain”, “Giant”, “Hoosiers”.
http://www.classicimages.com/1998/march98/shebwooley.html
1925 -- F. Scott Fitzgerald's “The Great Gatsby” is published. Eventually his best-known work of the Jazz Age, initial sales are disappointing. A dispassionate examination of blandness and emptiness in the lives of tycoons and flappers was acclaimed by critics, but was not a popular success. In the 1950's, the book was re-published with great popular acclaim among colleges and universities.
http://en.wikipedia.org/wiki/The_Great_Gatsby
1928-- Saxophonist Fraser MacPherson, one of the most respected jazz musicians in Western Canada, was born in Winnipeg. A resident of Vancouver from 1948, MacPherson received international attention in 1975 with his LP, "Fraser: Live at the Planetarium." It was recorded with his trio, featuring guitarist Oliver Gannon and bassist Wyatt Ruther. MacPherson died of cancer on September 27th, 1993.
1930—Birthday of rhythm and blues singer Ray Agee
http://www.alamhof.org/ageer.htm
1933 - The Civilian Conservation Corps, a tool for employing young men and improving the government's vast holdings of western land, is created in Washington, D.C. One of the dozens of New Deal programs created by President Franklin D. Roosevelt to fight the Great Depression, the Civilian Conservation Corps (CCC) was primarily designed to put thousands of unemployed young men to work on useful public projects. By the time Congress abolished the agency in 1942, more than two million men had served, making the CCC one of the most successful government training and employment projects in history.
1935 - Severe dust storms across Iowa and Kansas closed schools and highways. Dodge City KS experienced its worst dust storm of record, with dense dust reported from the morning of the 9th until after sunset on the 11th. The sky was almost as dark as night at times during the daylight hours. The thick dust suspended traffic on highways and railroads, and suspended most business in town.
1939-Glenn Miller records “Little Brown Jug,” “Sunrise Serenade” (Bluebird 10286, 10214)
1941-Jimmy Rushing records “Goin' to Chicago” with County Basie (Okeh 6244)
http://library.thinkquest.org/10320/Rushing.htm
http://www.blueflamecafe.com/index.html
http://www.audio-archives.com/catalogue/fiches/e_Jazz_8.htm
1942- On this morning American and Filipino prisoners were herded together by Japanese soldiers on Mariveles Airfield on Bataan in the Philippine Islands and began the Death March to Camp O'Donnell, near Cabanatuan. During the six-day march, they were given only one bowl of rice. More than 5,200 Americans and many more Filipinos lost their lives in the course of the march.
1942--BULKELEY, JOHN DUNCAN, Medal of Honor.
Rank and organization: Lieutenant Commander, Commander of Motor Torpedo Boat Squadron 3, U.S. Navy. Place and date: Philippine waters, 7 December 1941 to 10 April 1942. Entered service at: Texas. Born: 19 August 1911, New York, N.Y. Other awards: Navy Cross, Distinguished Service Cross, Silver Star, Legion of Merit. Citation: For extraordinary heroism, distinguished service, and conspicuous gallantry above and beyond the call of duty as commander of Motor Torpedo Boat Squadron 3, in Philippine waters during the period 7 December 1941 to 10 April 1942. The remarkable achievement of Lt. Comdr. Bulkeley's command in damaging or destroying a notable number of Japanese enemy planes, surface combatant and merchant ships, and in dispersing landing parties and land-based enemy forces during the 4 months and 8 days of operation without benefit of repairs, overhaul, or maintenance facilities for his squadron, is believed to be without precedent in this type of warfare. His dynamic forcefulness and daring in offensive action, his brilliantly planned and skillfully executed attacks, supplemented by a unique resourcefulness and ingenuity, characterize him as an outstanding leader of men and a gallant and intrepid seaman. These qualities coupled with a complete disregard for his own personal safety reflect great credit upon him and the Naval Service.
1945-- U.S. Armed forces liberated the prison camp at Buchenwald, Germany. It was estimated that nearly 57,000 prisoners, mostly Jews, perished in the gas chambers of Buchenwald during its eight-year existence as a Nazi concentration camp.
1947 - During the sixth inning of an exhibition game against their minor league team, the Montreal Royals, at Ebbets Field, Dodgers' President Branch Rickey issues a two sentence statement to the press which will forever change the game. It reads "The Brooklyn Dodgers today purchased the contract of Jack Roosevelt Robinson from the Montreal Royals. He will report immediately."
http://www.jackierobinson.org/jackie/
1953 – Singer Eddie Fisher is discharged from the Army and arrived home to a nice paycheck of $330,000 in record royalties. Fisher sold 7 million records for RCA Victor while on furloughs. "Anytime" was just one of several hits recorded during his stint in the Army. He was the most popular male singer in his day, until he abandoned Debbie Reynolds for Elizabeth Taylor. His fans disappeared overnight…and so did he.
http://burcher.stuart.tripod.com/index-7.html
http://www.cdmo.com/cgi-bin/cdmo/83785-10312-
1953 – “House of Wax”, the first 3-D movie, starring Vincent Price, released at the Paramount Theater in New York. We were living in Larchmont, New York, and I remember going to the movies on a Saturday afternoon for 15 cents each, wearing the glasses, and I think at the time my brother and I thought the movie was stupid; it didn't scare us at all. (We were eleven and ten years old.)
http://www.imdb.com/title/tt0045888/
1954---Perry Como's "Wanted" hits #1
1955 --Dr. Jonas Salk successfully tests Polio vaccine.
1956--Top Hits
Heartbreak Hotel - Elvis Presley
The Poor People of Paris - Les Baxter
(You've Got) The Magic Touch - The Platters
Blue Suede Shoes - Carl Perkins
1956--Nat "King" Cole is attacked and severely beaten by a group of racial segregationists while singing onstage at the Municipal Hall in Birmingham, Alabama.
1956-- Leo Fender patents the successor to his popular "Telecaster" model of electric guitar, this time called the "Stratocaster."
1957-- Ricky Nelson, then all of sixteen, performs his recently-recorded version of Fats Domino's "I'm Walkin'" -- done to impress a date -- on his family's TV sitcom, “The Adventures of Ozzie and Harriet”, on ABC. The record sells half a million copies in the next week alone.
1958 - Dick Clark devoted an hour of his "American Bandstand" afternoon TV show to the memory of Chuck Willis who had died earlier in the day from peritonitis. Willis was from Atlanta, GA and recorded hits that included: "C.C. Rider", "Betty and Dupree", "What Am I Living For" (his biggest hit) and "Hang Up My Rock and Roll Shoes". Willis was a noted rhythm and blues singer and songwriter of the early rock era.
1960--- 24th Golf Masters Championship Arnold Palmer wins, shooting a 282.
1961-South African Gary Player shot an 8-under par 280 to become the first foreign player to win the Masters. Player defeated Arnold Palmer and Charley Coe by one stroke. He won the tournament again in 1974 and 1978.
1961 - In the last opener ever to be played at Griffith Stadium, rookie President John F. Kennedy, throws out the longest and hardest-thrown ceremonial first pitch in history as the ball sails over the heads of the players lined up in front of the presidential box. The newly elected commander in chief, an avid Red Sox fan, stays for the entire game and sees the 'new' Washington Senators, (the original Washington Senators moved to Minnesota), play their first game, losing to the White Sox, 4-3.
1963- The Houston Colt .45s, a National League expansion team, hosted the first major league game ever played in Texas, beating the Chicago Cubs, 11-2, before 25,000. The Colt .45s finished the year in eighth place with a record of 64-96. Renamed the Astros in 1965, they won their first division title in 1980. In 2012, the Astros were moved to the American League West to give each of the National and American Leagues the same number of teams.
1963 – US atomic-powered submarine, Thresher, sank with all hands lost during deep diving tests. 129 died in the accident off the coast of Cape Cod, MA.
1964---Top Hits
Can't Buy Me Love - The Beatles
Twist and Shout - The Beatles
Suspicion - Terry Stafford
Understand Your Man - Johnny Cash
1967 – 39th Annual Academy Awards held at the Santa Monica Civic Auditorium. Bob Hope was the host. ""Virginia Woolf" won Best Costume Design/Black-and-White (Irene Sharaff) and "Seasons" won the award in the Color category (Joan Bridge and Elizabeth Haffenden); "Seasons" also won Best Cinematography/Color (Ted Moore) and "Virginia Woolf" the Black-and-White division (Haskell Wexler). Then "Virgina Woolf" won for Best Art Direction/Set Decoration, Black-and-White (George James Hopkins, Richard Sylbert) while "Seasons" took the Oscar for Best Writing/Screenplay Based on Material from Another Medium (Robert Bolt). They were tied. Best Supporting Actress: "Who's Afraid of Virginia Woolf" (Sandy Dennis), but Best Supporting Actor went to Walter Matthau in "The Fortune Cookie". "Virginia Woolf", ahead by one. The Best Music/Song Oscar went to "Born Free" (John Barry-music, Don Black-lyrics) from the movie of the same title. The fight was still on since neither "Seasons" nor "Virginia Woolf" was nominated in that category. The Academy Award for Best Actress went to Elizabeth Taylor for "Who's Afraid of Virginia Woolf. The Best Picture of 1966 winner as "A Man for All Seasons", Fred Zinnemann, producer.
http://www.infoplease.com/ipa/A0149051.html
1967-British Invasion band Freddie and the Dreamers hit Number One in the U.S. with "I'm Telling You Now." Their only other hit, the dance the song "Do the Freddie" would hit #18 on the pop chart within several weeks.
1968-Rolling Stone reports Mickey Hart has joined the Grateful Dead at the invitation of drummer Bill Kreutzmann.
1968 –The Academy of Motion Picture Arts and Sciences postponed the 40th Annual Academy Awards ceremonies at the Santa Monica Civic Auditorium for two days due to the assassination of Dr. Martin Luther King. Bob Hope was the host. The Best Picture of 1967, "In the Heat of the Night" (Walter Mirisch, producer), and "Guess Who's Coming to Dinner" (Best Actress: Katharine Hepburn—She is the only actress to win the award two consecutive years in a row Guess Who's Coming to Dinner (1967) and The Lion in Winter, plus the most Best Actress Awards *(1968and Best Writing/Story and Screenplay/Written Directly for the Screen (William Rose). "Heat" won four more Oscars that evening: Best Actor (Rod Steiger); Best Writing/Screenplay Based on Material from Another Medium (Stirling Silliphant); Best Sound (Samuel Goldwyn SSD); Best Film Editing (Hal Ashby). Best Supporting Actor George Kennedy ("Cool Hand Luke"), Best Supporting Actress Estelle Parsons ("Bonnie and Clyde"); Best Music/Song, "Talk to the Animals" from "Doctor Doolittle" (Leslie Bricusse). Mike Nichols who lost to "The Man for All Seasons" the previous year, won this time, as Best Director for "The Graduate". Other serious contenders for the golden statuette were: "Casino Royale", "Thoroughly Modern Millie", "The Dirty Dozen", "Divorce American Style", "Camelot", "The Jungle Book", "Far from the Madding Crowd", "Valley of the Dolls", "In Cold Blood", "Barefoot in the Park".
http://www.infoplease.com/ipa/A0149089.html
Best Actress |
|
Katharine Hepburn |
4 |
Ingrid Bergman |
2 |
Bette Davis |
2 |
Sally Field |
2 |
Jane Fonda |
2 |
Jodie Foster |
2 |
Olivia de Haviland |
2 |
Glenda Jackson |
2 |
Vivien Leigh |
2 |
Luise Rainer |
2 |
Elizabeth Taylor |
2 |
1969 ---New York Mets’ center fielder Tommy Agee hits a monster shot into the upper deck in left field making it the longest home run to reach the seats in Shea Stadium history; Disc commemorating Agee's historic homer at Shea Stadium. It was demolished in 2009 to furnish additional parking for the adjacent Citi Field, the current home of the Mets.
1970-- The Russian Orthodox Church in America was granted autocephalic independence by its Mother organization, the Russian Orthodox Church. Headquartered today in Syosset, New York, membership in this religious body currently numbers approximately one million.
1970 - Officially resigning from The Beatles, Paul McCartney disbanded perhaps the most influential rock group in history at a public news conference by issuing a press release to announce that he has left the group, done in the form of a fake interview: "Q: Is your break with the Beatles temporary or permanent, due to personal differences or musical ones? PAUL: Personal differences, business differences, musical differences, but most of all because I have a better time with my family. Temporary or permanent? I don't really know." John Lennon is furious, especially since the breakup, already agreed upon by the group, was announced just one week prior to the British release of McCartney's first solo album. When a reporter tracks down Lennon for his thoughts, he replies, "Paul hasn't left. I sacked him.” The Beatles hit, "Let It Be", was riding high on the pop charts. The last recording for the group, "The Long and Winding Road" (also from the documentary film "Let It Be"), would be number one for two weeks beginning on June 13, bringing to a close a most significant chapter in rock and roll music history.
1971-- John Denver's "(Take Me Home) Country Roads" enters the charts
1971--- Despite temperatures in the low 40s, a crowd of 55,352, the largest in the history of Pennsylvania ever to watch a baseball game, witness the Phillies’ first game at Veterans Stadium. Jim Bunning throws the first pitch and Larry Bowa singles, for the park's first hit, as Philadelphia defeats the Expos, 4-1.
1972---Top Hits
A Horse with No Name - America
The First Time Ever I Saw Your Face - Roberta Flack
I Gotcha - Joe Tex
My Hang-Up is You - Freddie Hart
1972 - The 44th Annual Academy Awards celebration was held at Los Angeles' Dorothy Chandler Pavilion. The hosts of the evening's festivities: Helen Hayes, Alan King, Sammy Davis Jr., and Jack Lemmon. The nominees for Best Picture were: "A Clockwork Orange", "Fiddler on the Roof", "The Last Picture Show", "Nicholas and Alexandra" and "The French Connection". And the Oscar goes to ... "The French Connection", Philip D'Antoni, producer. The Oscar also went to "The French Connection" for Best Director (William Friedkin); Best Actor (Gene Hackman); Best Writing/Screenplay Based on Material from Another Medium (Ernest Tidyman); and Best Film Editing (Gerald B. Greenberg). All of the other Best Picture nominees (except "A Clockwork Orange") also received Oscars: "The Last Picture Show" won for both supporting actor and actress (Ben Johnson and Cloris Leachman respectively); "Fiddler on the Roof" won for Best Cinematography (Oswald Morris), Best Sound (Gordon K. McCallum, David Hildyard) and Best Music/Scoring Adaptation/Original Song Score (John Williams); "Nicholas and Alexandra" won the awards for Best Art Direction/Set Decoration (John Box, Ernest Archer, Jack Maxsted, Gil Parrondo, Vernon Dixon) and Best Costume Design (Yvonne Blake, Antonio Castillo). "Klute" won one out of its two nominations: Best Actress (Jane Fonda) and "Shaft" won its only nomination: Best Music/Song (Isaac Hayes, "Theme from Shaft". Other films from 1971 that received accolades: "Willy Wonka & the Chocolate Factory"; "Sunday Bloody Sunday"; "Carnal Knowledge"; "Summer of '42", "Bedknobs and Broomsticks"; "Mary, Queen of Scots"; and "McCabe & Mrs. Miller". An honorary Oscar for lifetime achievement was awarded to exiled actor Charlie Chaplin.
http://www.infoplease.com/ipa/A0149208.html
1976-Peter Frampton went to #1 on the Billboard album chart with "Frampton Comes Alive". The LP would stay on the chart for 97 weeks and sell over 6 million copies. It is still the fourth largest selling 'live' album of all time, behind Garth Brooks' "Double Live", "Bruce Springsteen and the E Street Band Live 1975 - '85" and "The Eagles Live".
1979 - A massive tornado smashed into Wichita Falls, TX, killing 43 persons and causing 300 million dollars damage. Another tornado struck Vernon, TX, killing eleven persons.
1982-"Ebony and Ivory" a duet by Stevie Wonder and Paul McCartney, debuts on the U.S. charts at #29. It will go on to be Number One in both the U.S. and U.K., becoming Wonder's first British Number One
1985 - Relief pitcher Dan Quisenberry was signed by the Kansas City Royals to a contract that promised he would “...never wear another uniform.” The lifetime pact was worth $43 million, after taxes, over a 40-year period. Quisenberry became known as the ‘Fireman', for putting out late-inning fires and saving games for the Royals. The contract made him the game's highest-paid reliever.
1985 - Eddie Murphy's "Beverly Hills Cop" made it to the top ten on the list of top-grossing motion pictures. The film, at number nine on the list, was the only R-rated and non-summer movie to make the list.
1988 - It was a big day on Wall Street as 48 million shares of Navistar International stock changed hands in a single-block trade. It was the largest transaction executed (to that time) on the New York Stock Exchange.
1988---Top Hits
Get Outta My Dreams, Get Into My Car - Billy Ocean
Out of the Blue - Debbie Gibson
Devil Inside - INXS
Famous Last Words of a Fool - George Strait
1989 - Strong northerly winds, gusting to 53 mph at Albuquerque, NM, ushered cold arctic air into the south central U.S. The temperature at Albuquerque plunged from 82 degrees to 29 degrees overnight. Thirty-three cities in the central U.S. reported record low temperatures for the date, including Goodland, KS with a reading of 4 degrees above zero.
1989-- Alabama was named artist of the decade by the Academy of Country Music. The country-rock band had had 21 consecutive number-one hits, including "Feels So Good," "The Closer You Get" and "Roll On." Marty Robbins had won the honor in the 1960's, and Loretta Lynn in the '70s.
1990 - Thunderstorms produced severe weather from the Central Gulf Coast Region to western sections of the Carolinas during the afternoon and evening. Evening thunderstorms over western South Carolina produced wind gusts to 98 mph which injured four persons at Holly Springs, and wind gusts to 100 mph which injured one person and caused half a million dollars damage north of Dacusville.
1995-- NYC bans smoking in all restaurants that seat 35 or more.
1999- "Here, There and Everywhere: A Concert for Linda," a charity tribute concert for the late Linda McCartney is held at the Royal Albert Hall in London. Among the performers are Paul McCartney, Chrissie Hynde of the Pretenders, Elvis Costello, Sinead O'Connor, and George Michael. Proceeds raised funds for animal rights causes.
2000-- On his father's 50th birthday, Ken Griffey Jr. becomes the youngest player (30 years, 141 days) to hit 400 career homers beating Jimmie Foxx's previous mark (30 years, 248 days old).
2002 - South Carolina Governor James Hodges makes it official by declaring James Brown the state's "Godfather of Soul."
2003 --By hitting his 31st career leadoff homer, Astros' outfielder Craig Biggio breaks Bobby Bonds' National League record. The major league mark of 80 belongs to Rickey Henderson.
2003-- In a 7-6 victory over the Cardinals at Coors Field, the Rockies turned the first triple play in club history. With Scott Rolen on second base and Tino Martinez on first, Colorado's first baseman Todd Helton catches Orlando Palmeiro's soft liner for the first out and throws to shortstop Jose Hernandez who steps on second for the second out and then tags Martinez to complete the triple killing.
2005 - Heavy snow affected the Colorado Rockies during April 10-11, as up to 30 inches of snow affected the mountains around Denver. In the Denver metro area, 10-15 inches of snow accumulated.
2005 – Tiger Woods won his fourth Masters championship.
NBA Finals Champions This Date
1953---Minneapolis Lakers
1955 Syracuse Nationals
Stanley Cup Champions This Date
1934 Chicago Blackhawks
1956 Montreal Canadiens
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