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Collector
Irvine, California

Resolve Customer Billing Issues
Reduce Receivable Delinquency

Click here for full description.
 Please send resume and cover letter to: acole@quickbridgefunding.com


Senior Credit Analyst
Irvine, California

Underwrites larger, more complex transactions up to $250k in high volume, fast paced environment. Works within credit and across departments to resolve issues and improve the credit submission process

Click here for full description.
 Please send resume and cover letter to: acole@quickbridgefunding.com

www.quickbridgefunding.com
Quick Bridge Funding has the financial
products a business needs to grow!

 


Tuesday, April 7, 2015



Today's Equipment Leasing Headlines

Addition--- Seventh Response
    "Attempted to Pledge Fraudulent Collateral"
Bulletin Board Complaint
 Balboa Capital, Irvine, California
  Provide “Added Value” by Protecting Your Customer
   Get Repeat Customer/Vendor Business with These Tips
    Classified Ads---Senior Management
  “Education Formatting on Resume”
     Career Crossroad---By Emily Fitzpatrick/RII
   Leasing Industry Ads---Help Wanted
Perfecting a Security Interest in Lease Contracts
 When Originals Are Imaged Then Destroyed

  by Tom McCurnin, Leasing News Legal Editor
Leasing 102 by Mr. Terry Winders, CLFP
  Landlord/Mortgage Waivers Today
   Paul J. Menzel – CLFP for 25 years
    Celebrating Long Time Members
 Business and Consumers Getting Nervous re: Economy
  By Dan Geller, Ph.D.
 Poodle, Miniature
  Irvine, California Adopt-a-Dog
    Classified ads— Finance / Human Resources
News Briefs---
Bank of America accused of ‘tarnishing’ Merrill Lynch
 How to Mitigate the Impact of New Lease Accounting Rules
  Big banks embrace disruptive ‘fin tech’ startups
 Boeing and Delta Spend Millions in Fight Over
   Export-Import Bank’s Existence

Broker/Funder/Industry Lists | Features (writer's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months

www.leasingcomplaints.com (Be Careful of Doing Business)
www.evergreenleasingnews.org
Leasing News Icon for Android Mobile Device

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######## 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.



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[headlines]

--------------------------------------------------------------


Addition--- Seventh Response
    "Attempted to Pledge Fraudulent Collateral"

In the response to the charge that the applicant “attempted to pledge fraudulent collateral from a loan” with Ability Capital Solutions, a comment from the applicant was received and added to the first News Edition. It is important to the story as it comes from the person who made the original complaint:

April 3, 2015, from Mike Lentine, EarthArtist Mountain Studio-Campus:

Hasn't Spoken to an Equipment Leasing Company Since:

"No, I don't recall mention of fraudulent collateral. We stated early on in our dealing with Ability that we would not pledge our real property. After sending in the $5,000 deposit, we seldom heard back from them.

"I cannot say very much about Mr. Acosta and his company.

"I filed a complaint with the NAELB. Mr. Acosta filed suit against me in California for slander or defamation. The NAELB shelved the complaint because it was under "litigation", i.e. because Mr. Acosta sued me for defamation because I filed the complaint. NAELB is hypocritical and negligent nor did it not investigate its member's conduct. It is a part of the problem. I did not want to incur further legal expenses or expend any more time on the matter nor have I spoken to an equipment leasing company since.

"That is all I have to say."

Michael Lentine

(Mr. Acosta is no longer a “Best Practicing Broker,” nor a member of the National Association of Equipment Leasing Brokers).

Seventh Response
http://leasingnews.org/archives/Apr2015/4_03.htm#seventh 

 

((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]
--------------------------------------------------------------


Bulletin Board Complaint
Balboa Capital, Irvine, California

Tom Anderson, A-One Auto Specialists, Inc., dba D J's Auto Specialist, Laurel, Maryland has been attempting for over a month to understand the Balboa Payoff Quote. Leasing News tried to reach Rob Rasmussen, Chief Operating Officer/Chief Risk Officer, Balboa on March 26, then again on March 27 with emails and letters, and followed up with also trying to reach Patrick Byrne, CEO, and Phil Silva, President; several days. Evidently, they don't want to speak with Leasing News.

The questions concern this payoff quote:

 

1. - The payment balance. Does the dollar amount match the check record of D J's, which as of March, 2014 is $4,510.41? (A)
Balboa Payment Balance: $7,017.45 plus sales tax

2. Residual is higher than what a certified, well-known appraiser/adjuster determined, as conducted for Leasing News:

Forced Liquidation Value: $4,000
Orderly Liquidation Value: $5,000
Fair Market Value: $6,000

Pickup Range:
$1,000 to $1,200

Comment: “Aligners, such as the subject equipment, is loaded with technology which continues to improve every year. Today's alignment equipment is faster and easier to use than ever, and alignment inspection can be obtained for free for a person who came in to change oil. The key is the computer makes all recommendations, not the mechanic, plus prior inspections took a mechanic’s time and the client was charged for the inspection.”

Balboa Residual:  $8,650.00 plus sales tax

3. Property Tax from actual records
(Below is their 2014 tax bill.  Please note, the bill year indicates its for 2015, but this is for 2014 bill. With their MD ID F06468821, anyone can pull the records.)

Balboa Property Tax: $651.15 plus sales tax


4. Sales Tax on Property Tax
Balboa Sales Tax on Property Tax: $39.07

County said no sales tax.  From the ELFA Website
for Maryland:

“MD Sales Tax on Personal Property Tax:

“Personal property taxes imposed on the lessor and passed on to the lessee are not subject to sales tax, if separately stated.” 

(A) Check record from lessee.



Balboa Capital has a long list of Bulletin Board Complaints, plus appears on list of companies who take advantage of the Evergreen Clause.

 

From Leasing News Bulletin Board Complaint file:
easingnews.org/archives/Dec2014/12_01.htm#balboa
leasingnews.org/archives/Mar2014/3_26.htm#balboaleasingnews.org/archives/Nov2013/11_26.htm#balboa
leasingnews.org/archives/Oct2013/10_29.htm#balboa
leasingnews.org/archives/Jul2013/7_19.htm#bbc
leasingnews.org/Pages/balboa_stealing.html
leasingnews.org/archives/May2013/5_13.htm#balboa_capital_complaint
leasingnews.org/archives/Apr2013/4_25.htm#balboa_capital_complaint
leasingnews.org/archives/Dec2012/12_10.htm#bbc
leasingnews.org/archives/Apr2010/4_23.htm#bbc_balboa
leasingnews.org/archives/September%202008/09-10-08.htm#bbc
leasingnews.org/archives/August%202008/08-25-08.htm#bbc
leasingnews.org/archives/August%202008/08-13-08.htm#balb
leasingnews.org/archives/January%202007/01-29-07.htm#bbc
leasingnews.org/Conscious-Top%20Stories/BBC_Balboa.htm


[headlines]
--------------------------------------------------------------


Provide “Added Value” by Protecting Your Customer
Get Repeat Customer/Vendor Business with These Tips
By Christopher Menkin

This applies not only to third party originators, but to those involved,
or who will be involved in sales, because if you look out for your customer, they will follow you wherever you go because they rely on you, and trust you to protect them.

First, help your client by reviewing the “signed” residual page of the contract, before lease payments begin (make sure they get a signed purchase option page, as this is a famous trick by several lessors not to provide them.) If the intention is to return the equipment at the end of the original term, make sure your customer understands the return fee and procedure.  I can’t tell you how many believe they can negotiate the termination due to the cost of dismantling or shipping the equipment, when they don’t understand in the beginning that they are required to pay for shipping and are fully responsibility for its return. Also, the funder will want it inspected at the customer’s cost for “satisfactory working condition,” to make repairs or updates, if any, and then will instruct where to deliver it, all at the customer’s cost.

Number one, make sure the residual is signed, not discussed, or promised, but signed by the funder. There are many complaints and tricks recorded in the Leasing News Bulletin Board performed by funders, and I am talking about some large companies, not just discounters.

Always have your customer count all lease payments against bank records or the operating statement, even if dealing with a bank or large, public leasing company. Everyone makes mistakes, and many do it on purpose as the Leasing News Complaint Board has noted. I have seen 12 extra payments being made, and by some sophisticated lessees, too. I remember one truck firm with over 50 trucks, in business for many years, who fell for this several times from the same company until an audit caught up with this circumstance (the funder claimed Evergreen clause, by the way, several on $1.00 buyouts!)

Don't fall for a quarterly lease payment that includes an interim rent, as most likely the transaction was set up to the funder in “arrears,” whereas the lessee or debtor is paying in “advance.”  This means the interim rent is pure profit and does not apply to the number of payments to be made. If you don’t understand this, you better attend the Certified Leasing and Finance Professional Academy and learn how to protect yours customer. There is a profit difference in the way the payments are set up and are sometimes the equivalent to three extra monthly payments.

Be aware of where interim rent applies toward all the payments to be made. This is a famous trick for years where many lessors also take a profit from the security deposit, billing for the last month, but not returning the security deposit.  More common than you think.  When the payments are set up in “arrears,” it means two extra payments for the funder!

Also at the end, many companies put in fees to send a UCC3 or Bill of
Sale or extra payment when all paperwork is not complete.  It happens, especially if the lease is sold and/or re-sold, and the new funder has an extra way of collecting more money.

Always ask for a copy of the county personal property tax bill before sending money to the funder.  Many states have personal property tax bills “on line” and can be obtained over the internet, which are easy to find as they would be under the funder’s name and customer’s address. There are companies that inflate them, and then charge sales tax on the property tax!

There are insurance charges, and other games. The key having your customer rely on you if there is a problem.  Most likely, the funder will not apprise you of a question or problem with your customer, so it is up to you to keep in contact, meaning birthday cards, a newsletter, or just a telephone call to see how everything is going.

If the company appears on the Leasing News Bulletin Board or Evergreen Clause list, make it a major necessity to find out before writing a check what you are really writing the check for, and don't start lease payments until you see a signed document from the funder as to what the residual or termination at the end of payments will be.

You can keep the customer as long as you provide added value
and protect them during the full course of the term of the transaction.



[headlines]
--------------------------------------------------------------

Top Stories:  March 30 - April 3
Opened Most by Readers of Leasing News

(1) Element Financial Buys GE Capital
http://leasingnews.org/archives/Apr2015/4_01.htm#element

(2) Dallin Hawkins Served with $53,000 Default Judgement
   Leasing News Bulletin Board Complaint Update
http://leasingnews.org/archives/Mar2015/3_30.htm#hawkins

(3) Tom Depping Purchases Dallas Mavericks
http://leasingnews.org/archives/Apr2015/4_01.htm#depping

(4) Fifth Response
   Videos Posted on Leasing News Without Authorization
http://leasingnews.org/archives/Mar2015/3_30.htm#fifth

(5) Archives---April 3, 2002
  Lease Finance Mike Price pays nearly a half-million
 in yacht tax-evasion case
http://leasingnews.org/archives/Apr2015/4_03.htm#archives

(6) Seventh Response
  "Attempted to Pledge Fraudulent Collateral"
http://leasingnews.org/archives/Apr2015/4_03.htm#seventh

(7) New Hires---Promotions in the Leasing Industry
http://leasingnews.org/archives/Apr2015/4_03.htm#hires

(8) “Evergreen Clause”—The Danger of Automatic Renewal
http://leasingnews.org/archives/Apr2015/4_03.htm#evergreen

(9) US Companies Waste $100 Billion Each Year
    on Equipment Leasing
http://daily.financialexecutives.org/us-companies-waste-100-billion-each-year-on-equ

(10) Complaints Bulletin Board BBB Ratings
http://leasingnews.org/archives/Apr2015/4_01.htm#complaint-bbb

 

 

[headlines]
--------------------------------------------------------------

Classified Ads---Senior Management

(These ads are “free” to those seeking employment or looking
to improve their position) 

Accomplished leasing executive driven to deliver increased revenues, operating efficiencies, improved sales productivity and customer acquisition. Seeking new opportunity to utilize my strategic, ideation, communication and analytical strengths to develop, implement and execute your organization’s strategic plan.
Reg.Lindholm@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



Collector
Irvine, California

Resolve Customer Billing Issues
Reduce Receivable Delinquency

Click here for full description.
 Please send resume and cover letter to: acole@quickbridgefunding.com


Senior Credit Analyst
Irvine, California

Underwrites larger, more complex transactions up to $250k in high volume, fast paced environment. Works within credit and across departments to resolve issues and improve the credit submission process

Click here for full description.
 Please send resume and cover letter to: acole@quickbridgefunding.com

www.quickbridgefunding.com
Quick Bridge Funding has the financial
products a business needs to grow!

 

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]
--------------------------------------------------------------

“Education Formatting on Resume”
Career Crossroad---By Emily Fitzpatrick/RII


How should be education be formatted / appear on my resume?

Formatting academic credentials can be tricky. There are a few basic rules, since education is a secondary qualification for experienced job seekers; it is usually placed below experience. Candidates with outstanding academic credentials (e.g. MBA) may benefit from a more prominently placed Education category. Graduation dates should be included when there are not any age-discrimination issues with which to contend. Keep in mind that omitting dates may have the opposite effect; hiring managers may assume the candidate is older if a degree date is omitted. Another issue is how dates are used in the Education section. If you have a degree, it is suggested that you the graduation date only, not the years attended.   


In terms of layout and formatting the text, there are no fixed rules, but rather several acceptable methods:

Samples
· Bachelor of Arts, Finance
· B.A. in Political Science       
· Bachelor of Science in Accounting
· BS in Business Administration and Accounting
· BS, Accounting and International Studies
· Bachelor’s Degree in Secondary Life Science
Major GPA: 3.5 | Dean’s List

Samples
· Master of Business Administration
· Executive Extended Master Program in Business Administration
· MS in Hotel & Restaurant Management
· MBA, Executive Level, International Business Concentration
· Master of Science, Human Resources Management
Major:  Compliance and Administration

Additional Training
If you have been involved in continuing education, and this training is relevant to the focus of the resume, it should be included along with certifications and licenses to indicate that training is up to date. 
Samples
· Six Sigma Green Belt Certified (2010)
· Certified Public Accountant (CPA)
· Certified Internal Auditor (CIA)
· Certified Information System Auditor (CISA)
· Professional in Human Resources Certificate (PHR)

General Resume Format
1. Summary / Profile
2. Experience
3. Education
4. Certifications / Professional Accreditation
5. Memberships & Affiliations

For more samples, contact us at info@riirecruit.com 

Emily Fitzpatrick
Sr. Recruiter
Recruiters International, Inc.
Phone:  954-885-9241
Cell:  954-612-0567
emily@riirecruit.com
Invite me to Connect on LinkedIn
www.linkedin.com/pub/emily-fitzpatrick/4/671/76
Also follow us on Twitter #RIIINFO

Career Crossroads Previous Columns
http://www.leasingnews.org/Conscious-Top%20Stories/crossroad.html

[headlines]
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Perfecting a Security Interest in Lease Contracts
When Originals Are Imaged Then Destroyed
by Tom McCurnin
Leasing News Legal Editor



The Leasing Industries’ Practice of Imaging Lease Contracts and Maintaining Only Electronic Copies Used to Present Issues With Perfecting a Security Interest in Such Contracts.  But Amendments to the Code Now Allow for Taking a Security Interest in a PDF copy of the Lease.

I’m old enough to remember handling closings at securitizations whereby 200 or so leases had to be stamped on the margin and initialed as being assigned to the funding source or securitization pool manager.  This made for many a late night.

However, banking, and to a larger degree the leasing industry, has for many years, had a practice of simply imaging copies of the leases and destroying the originals.  Since no original exists, how can a funding source or securitization pool manager take “possession” or “control” of what is essentially a photocopy of a lease?

The starting point is Section 9-105 of the Uniform Commercial Code, which was amended in 2010 (later in most states) to provide that if the parties (lessor and assignee) maintained a system which evidences the transfer of interests in the chattel paper and reliably established the secured party as the person to which the chattel paper was assigned, this system establishes an “authoritative electronic copy” which is equivalent to possession of the original lease. 

What kind of system does the secured party and the debtor have to maintain to create an “authoritative electronic copy” of the lease?  The typical answer is that the debtor and/or the secured party or preferably a third party custodian needs to create a “control system” which establishes the identity of the single authoritative copy of electronic chattel paper by its location, since the single authoritative copy can only exist within the control system.  The system must include all the leases assigned and must be searchable by secured party, custodian, debtor, and account debtor.  The control system must be audited to insure its reliability. 

The main objectives of the audit is to demonstrate that: (1) the control system as initially deployed meets all of the specifications necessary to meet the requirements of UCC § 9-105; (2) all system changes after initial deployment are authorized by the authorized participants in the securitization pool; and (3) all information changes after initial deployment are authorized by the authorized participants.  A control system cannot declare itself trustworthy.  Only through an audit of the control system’s behavior, system and functional logs, and other information outside of the control system can the control system be deemed reliable.  The control system creates an authoritative copy of the electronic chattel paper if the chattel paper is: (1) Unique; (2) Identifiable; and (3) Unalterable. 

The control system should be accessible only by authorized users and the data base can assign secured creditors, transfer ownership of the security interest and generate both a single authoritative copy (“SAC”) and multiple non-authoritative copies (“non-SAC”).  The following chart evidences how a control system might work for a leasing securitization using electronic copies of the leases: 


The bottom line is that no longer do leasing companies need to maintain original copies of documents in order that their lender might perfect a security interest in those contracts. So long as a third party control system is in place, the securitization pool manager can reliably generate a single authoritative copy of the lease.

Tom McCurnin is a partner at Barton, Klugman & Oetting
in Los Angeles, California.

Tom McCurnin
Barton, Klugman & Oetting
350 South Grand Ave.
Suite 2200
Los Angeles, CA 90071
Direct Phone: (213) 617-6129
Cell (213) 268-8291
Email: tmccurnin@bkolaw.com
Visit our web site at www.bkolaw.com
Previous Tom McCurnin Articles:
http://www.leasingnews.org

Previous Tom McCurnin Articles:
http://www.leasingnews.org/Conscious-Top%20Stories/leasing_cases.html

 


(Leasing News provides this ad as a trade for appraisals and equipment valuations provided by Ed Castagna)

 

[headlines]
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(Terry retired January 1, 2015.  To honor him and his many years of writing for readers of Leasing News, Leasing News is posting columns he has written that are still meaningful today. While companies are moving toward electronic signatures for speed as well as validity, most companies still use a written signature. This one from Terry is from July 21, 2008

 

Landlord/Mortgage Waivers Today

The pressure to obtain a landlord wavier has weakened in the past few years because of competition and the need for fast turnaround credit and document services. However, in an economy turndown, especially in a recession or stagflation, there will be more pressure on leasing portfolios. Many are going to wish that their request for landlord waivers would have been more complete.

One of the most misunderstood and rarely asked for documents in leasing, or financing, is the dreaded landlord’s waiver. It is a form that allows you to preauthorize access, upon a default, to the property in which your equipment, or collateral, is located. While some landlords do not like to sign the waver, it is one of the most important documents to have to protect your asset when default occurs. The more riskier the credit, the more important the landlord’s form becomes. Selling a landlord on the importance of the waiver is as important as your credit decision as selling the lease to the lessee and cannot be taken lightly.

Property rights are amont the most sacred parts of our laws so if a property owner refuses to allow entry on to his property, to retrieve your asset, you may have to litigate for the privilege and it will be expensive and time consuming. It is not fun when a bankruptcy judge releases your asset from the bankruptcy and when you go to pick it up the landlord refuses to allow you entrance to his property.

In the beginning when everything looks to be acceptable and the purpose is explained, in person, to the landlord and the Lessor promises or states in the waiver not to enter the premises without permission, or with the landlord in attendance, and will repair or replace any damage sustained from the removal process, most landlords will sign the form. Most landlords are afraid of the damage that remains after contract repossessors leave the property. So telling them that you will repair, or clean up after yourselves, and are willing to put that in the form soothes their fears and many will sign the form. That language reads as follows;” The Lessor or Secured Party shall promptly, at its sole expense, repair in a commercially reasonable manner any and all damages to the Premises caused by such removal.”

However, when sent in the mail with no explanation except “please sign and return”, you should expect your document to be thrown away instead of returned. Also a landlord sometimes looks at his tenant as less desirable when forms are shoved in his direction with no courtesy call or explanation. I have never had a landlord fail to sign my form when I had a salesperson call on him and explain the purpose and explain our procedure should a default ever occur. I have even had conversations with landlords who later called me when the lessee was moving the leased equipment or was trying to sell it out of trust. A landlord can become a good source of information and usually is in the same boat as you are when things begin to go south.

If you do not have a landlord waiver, I would suggest you contact them once it appears the lessee is starting to have problems or is a chronic pass due. If you are up front with the landlord, they can help by keeping an eye on the lessee or if they are confrontational, you know it early and can take the appropriate steps at once to avoid lengthy delays later.

If you are going to have trouble with a landlord contact, your attorney to determine the property rules in that State so you can act with knowledge and foresight. It would also be important to know the issues in the state in which you have a large amount of assets like office equipment or data processing equipment where long delays can wipe out any thought of much recovery.

If the Lessee owns the property and it is mortgaged, the same issues apply.
In my audit experience, many companies are not up-to-date with their documentation, especially landlord waiver documents and procedures. 

Previous #102 Columns:
http://www.leasingnews.org/Conscious-Top%20Stories/Leasing_102/Index.htm

 

Receivables Management LLC
John Kenny

• End of Lease Negotiations & Enforcement 
• Third-Party Commercial Collections

john@jkrmdirect.com | ph 315-866-1167
www.jkrmdirect.com


(Leasing News provides this ad as a trade for investigative
    reporting provided by John Kenny)

[headlines]
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Paul J. Menzel – CLFP for 25 years
Celebrating Long Time Members

The Certified Leasing and Finance Professional Foundation is celebrating their 30th anniversary of the designation and 15th for the formation of the Foundation.  Originally started by the Western Association of Equipment Lessors (WAEL) in 1985, later joining support from the Eastern Association of Equipment Lessors and National Association of Equipment Leasing Brokers, this series salutes those who remain active.


Paul J. Menzel, CLFP
President & CEO
Financial Pacific Leasing, Inc., a subsidiary of Umpqua Bank

I became a CLP (now CLFP) in 1990 and participated in the development of the CLP Handbook by writing the original chapter on Portfolio Management.  I also assisted in training and mentoring early candidates while also grading tests.  When asked why I became a CLP, I answered:

“I’ve always seen myself as a lifetime learner as a means to keeping life interesting and furthering my career.  I obtained my MBA by going to school in the evenings and on weekends and I taught myself how to prepare my own taxes since I was learning small business credit analysis in my first leasing job right out of college and I needed to understand how to interpret guarantor’s tax returns.  I believe that ‘Knowledge is King’ in creating a positive outcome in any situation so I have lived by that tenet in advancing my leasing career.  Pursuing the CLP was just an early and beneficial step in that process.”

Recently, I arranged the sale of Financial Pacific Leasing to Umpqua Bank in 2013, establishing a bank leasing subsidiary operating in all markets of the leasing industry, from small-ticket to larger, middle-market transactions in the third party origination, vendor and direct channels.  Umpqua has $22 Billion in assets and Financial Pacific Leasing has over $500 Million in assets.

I joined Financial Pacific in 2008 after a 33-year career managing a small ticket leasing portfolio operation in Santa Barbara, California.  I started in the leasing industry in 1975 with Puritan Leasing Company and managed the operation and its acquisition by Cal Fed Credit in 1986, by Pacific Capital Bank NA (fka Santa Barbara Bank & Trust) in 1996, and by LEAF Financial Corporation in 2007.  As SVP of Community Lending for Pacific Capital Bank, I oversaw the Leasing, Small Business and Indirect Auto Lending units of the Bank managing over $750 MM in assets. 

I am a past Board Member of the Equipment Leasing & Finance Association and have chaired their Code of Fair Business Practices and Small-Ticket Business Council Committees.  I have also served on the Industry Future Council.  In 2005 I was named “Leasing Person of the Year” by Leasing News.  I earned my BS in Business Administration from UC Berkeley in 1974 and an MBA in Management from Golden Gate University.

Why I Became a CLP Series (now CLFP)
http://www.leasingnews.org/CLP/Index.htm


 

[headlines]
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##### Press Release ############################

Business and Consumers Getting Nervous re: Economy
By Dan Geller, Ph.D.

Consumers are exhibiting financial anxiety amid escalating global conflicts by lowering spending causing a slowdown in the economic recovery

SAN RAFAEL, Calif. - After nearly 3 years of constant decline in the level of' financial anxiety, consumers are exhibiting signs of nervousness about the worsening conflicts around the world. The April preliminary Money Anxiety Index is flat at 65.7, indicating that the level of financial anxiety among consumers is not improving as it did in the past 3 years.

The worsening conflicts in the Middle East and the growing tension in Eastern Europe are creating economic uncertainty among U.S. consumers. In response, consumers are lowering their personal consumptions, and businesses are starting to moderate their hiring in anticipation for slower demand for goods and services. Despite an increase of 0.4 percent in personal income in February, personal consumption expenditures increased by only 0.1 percent in nominal terms in February, which shows that consumers were holding back on spending.

Similarly, businesses are slowing down the pace of new hires. In March of this year, only 126,000 non-farms jobs were added to the economy and the figures for January and February were scaled down, reducing the first quarter monthly average to 197,000 from previously-reported 276,000 monthly average. The slowdown in new hires in the first quarter of 2015 is in reaction to lower level of consumer spending as a result of growing concerns among consumers about the economic impact of the escalation in global conflicts.  

The Money Anxiety Index measures consumers' level of financial worry and stress based on financial activities. Historically, the Money Anxiety Index fluctuated from a high of 135.3 during the recession of the early 1980s, to a low of 38.7 in the mid-1960s. The Money Anxiety Index is highly predictive. It signaled the arrival of the Great Recession over a year prior to the official declaration of the recession in December of 2007.

Dr. Dan Geller, Ph.D., is a financial behavior scientist exploring the link between the level of financial fear and the savings and spending habits of consumers. In his book, Money Anxiety, Dr. Geller uncovers the mystery of the financial mind, explaining why we hate to lose more than we love to win and why we spend when safe and save when scared. 


[headlines]
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Poodle, Miniature
Irvine, California Aodpt-a-Dog


Baxter ID#A095034

Neutered Male, gray Poodle--Miniature Mix
Three years, Three Months Old
At Shelter since January 17, 2015

For more information about this animal, call:
Irvine Animal Care Center at (949) 724-7740
Ask for information about animal ID number A095034

email: info@irvineshelter.com

Physical Address:
6443 Oak Canyon
Irvine, CA 92618

Center Hours:
Weekdays: noon-7 p.m.
Weekends: 10 a.m.-5 p.m.
Closed Tuesdays and Holidays

Please arrive at least two hours before closing in order to visit with adoptable animals. Adoptions stop one hour prior to closing.

Contact:
http://www.thehumanesociety.org/contact-us/

 

Adopt a Pet
http://www.adoptapet.com/

 

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Classified ads— Finance / Human Resources

Nationwide
My primary focus is negotiating end of lease terms and options for the equipment lessee, as well as consulting on lease contracts, terms, and conditions before the lease is signed; negotiating end of term. Over 25 years in leasing management positions. Contact: Kimberly Lusk. 
lesseeadvocate@gmail.com www.linkedin.com/profile/view?id=13362546

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

 


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News Briefs----

Bank of America accused of ‘tarnishing’ Merrill Lynch
http://nypost.com/2015/04/04/bank-of-america-accused-of-tarnishing-merrill-lynch/ 

How to Mitigate the Impact of New Lease Accounting Rules
http://ww2.cfo.com/corporate-real-estate/2015/04/mitigate-impact-new-lease-accounting-rules/

Big banks embrace disruptive ‘fin tech’ startups
http://www.seattletimes.com/business/insights-not-profits-draw-banks-to-tech-startups-big-banks-court-tech-startups-for-insights-more-than-profits/

Boeing and Delta Spend Millions in Fight Over
 Export-Import Bank’s Existence
http://www.nytimes.com/2015/04/07/business/boeing-delta-air-lines-export-import-bank.html?ref=business&_r=0



[headlines]

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--You May Have Missed It

Gotham’s ‘.nyc’ is fastest-growing city domain on Internet
http://nypost.com/2015/04/03/gothams-nyc-is-fastest-growing-city-domain-on-internet/



[headlines]
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SparkPeople--Live Healthier and Longer



11 Healthy Habits You Can Learn from Your Dog
http://www.sparkpeople.com/resource/slideshow.asp?show=111


[headlines]
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Spring Poem

Katharine Tynan

The Spring comes slowly up this way,
Slowly, slowly,
Under a snood of hodden grey.

The black and white for her array,
Slowly, slowly,
The Spring comes slowly up this way.

Where is her green that was so gay?
Slowly, slowly,
The Spring comes slowly up this way.

Unto a world too sick for May,
Slowly, slowly,
The Spring comes slowly up this way.

Where are the lads that used to play?
Slowly, slowly,
The Spring comes slowly up this way.

She has no heart for holiday,
Slowly, slowly,
The Spring comes slowly up this way.

The trees are out in Heaven they say.
Slowly, slowly,
The Spring comes slowly up our way.
[headlines]

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Sports Briefs----

Former San Francisco QB Jeff Garcia questions 49ers front office
http://ftw.usatoday.com/2015/04/jeff-garcia-san-francisco-49ers

Lon Simmons, longtime voice of Giants, 49ers, A’s, dies at 91
http://www.pressdemocrat.com/sports/3759856-181/lon-simmons-longtime-voice-of


[headlines]
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California Nuts Briefs---

Jerry Brown defends agriculture’s water use amid drought
http://www.sacbee.com/news/politics-government/capitol-alert/article17454854.html

7 Key Facts About the California Drought
http://www.motherjones.com/environment/2015/04/everything-you-wanted-know-about-california-drought

Facebook’s new building is one big room
http://blog.sfgate.com/techchron/2015/04/06/facebooks-new-building-is-one-big-room/

Marin Sun Farms owner finds niche for former Rancho Feeding slaughterhouse in Petaluma
http://www.pressdemocrat.com/business/3750129-181/marin-sun-farms-owner-finds



[headlines]
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“Gimme that Wine”

http://www.youtube.com/watch?v=EJnQoi8DSE8

Robert Parker interview: The world's top wine critic on tasting 10,000 bottles a year, absurd drinking notes and New World wannabes
http://www.independent.co.uk/life-style/food-and-drink/robert-parker-interview-the-worlds-top-wine-critic-on-tasting-10000-bottles-a-year-absurd-drinking-notes-and-new-world-wannabes-10135796.html

Oregon Wines Fly Free Extended Through 2017
http://money.cnn.com/news/newsfeeds/articles/marketwire/1185877.htm

Cuvaison sells Calistoga winery, tasting room
http://www.northbaybusinessjournal.com/106048/cuvaison-sells-calistoga-winery-tasting-room/

How California's Pursuit of Balance is Now
 Producing Breakthrough Wines
http://www.harpers.co.uk/opinion/how-californias-pursuit-of-balance-is-now-producing-breakthrough-wines/516549.article

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/

Leasing News Wine & Spirits Page
http://two.leasingnews.org/Recommendations/wnensprts.htm

[headlines]
----------------------------------------------------------------

This Day in American History

    30 - Scholars' estimate of Jesus' crucifixion by Roman troops in Jerusalem
    1712 - Nine whites were killed in a slave revolt in New York City. Planned by 27 slaves, the rebellion was begun by setting fire to an outhouse.  As whites came to put the fire out, they were shot. The state militia was called out to capture the rebels and the city of New York responded to the event by strengthening its slave codes. Twenty-one blacks were executed as participants, and six alleged participants committed suicide. New York outlawed slavery in 1799.
    1788 - Pioneers arrived at the confluence of the Ohio and Muskingum Rivers, establishing Marietta, Ohio, as the first permanent American settlement of the new United States in the Northwest Territory and opening the westward expansion of the new country.
    1790 - Birthday of William Ellery Channing at Newport, RI.  Well-known abolitionist and leader of the Unitarian movement in the US.  He stood for religious liberalism and influenced such people as Longfellow, Byrant, Emerson, Lowell and Holmes. Died at Bennington, VT in 1842.
    1798 – The Mississippi Territory was organized from disputed territory claimed by both the US and Spain. It is expanded in 1804 and again in 1812.
    1818 – General Andrew Jackson conquered St. Marks, FL from the Seminoles tribe. 
    1829 – Joseph Smith, Jr., founder of the Latter Day Saints movement, commenced the translation of the Book of Mormon, with Oliver Cowdery as his scribe.
    1857 - A late season freeze brought snow to every state in the Union. Even as far south as Houston, TX the mercury plunged to 21 degrees.
    1859 - Birthday of Walter Camp, college athlete, coach and administrator, at New Britain, CT. Camp played football and several other sports at Yale, but he gained prominence for helping to reshape the rules of rugby football into American football. Among his innovations were reducing the number of players on a side from 15 to 11, introducing the line of scrimmage, giving one team definite possession of the ball and proposing the downs system. He served as a volunteer coach at Yale and became a national figure as a promoter of football. He selected an All-American team from 1889 to his death. Died at New York, Mar 14, 1925.
    1860 – Will K. Kellogg, founder of The Kellogg Company, was born…wait for it…in Battle Creek, MI.
    1862 - In the Civil War, the Federal army under Grant defeated the Confederates under Albert Johnston at the Battle of Shiloh near Pittsburgh Landing, TN. Johnston was killed during the battle.
    1873 – Early baseball star and one of the game’s greatest managers, John McGraw, was born in Truxton, NY.  His total of 2,763 victories in that capacity ranks second overall behind only Connie Mack and he still holds the National League record with 2,669. McGraw is widely held to be "the best player to become a great manager" in the history of baseball. McGraw also held the MLB record for most ejections by a manager (132) until Bobby Cox broke the record in 2007.  He was elected to the baseball Hall of Fame in 1937, three years after he died.
    1884 - Bronislaw Malinowski’s birthday at Krakow, Poland.  Leading British anthropologist, author and teacher. His pioneering anthropological fieldwork in Melanesia inspired his colleagues and students. In 1939, he became a visiting professor at Yale University. I wrote my college thesis about his findings as anthropologist.
    1890 - Birthday of Marjory Stoneman Douglas in Minneapolis.  Author, conservationist, especially for the Florida Everglades, she wrote “The Everglades: River of Grass” (1947), probably the most influential book in Florida's history. It forced the establishment of the Central and South Florida Flood Control that kept the Everglades River system viable.  She died in Coconut Grove, FL in 1998.
    1891 – Nebraska introduced the 8 hour work day
    1893 – Allen Dulles was born in Watertown, NY.  A diplomat and lawyer, he became the first civilian Director of Civilian Intelligence and its longest-serving director to date. As head of the CIA during the early Cold War, he oversaw Operation Ajax, the Lockheed U-2 Program and the Bay of Pigs Invasion.  His older brother was John Foster Dulles, Secretary of State for President Eisenhower and after whom the airport and town are named.
    1897 – Walter Winchell was born in NYC.  After leaving school in the sixth grade, he began in vaudeville.  He began his career in journalism by posting notes about his acting troupe on backstage bulletin boards. Joining the “Vaudeville News” in 1920, Winchell left the paper for the “Evening Gazette” in 1924, and in turn was hired on June 10, 1929 by the “New York Daily Mirror” where he finally became the author of what would be the first syndicated gossip column, entitled “On-Broadway”.  He made his radio debut over WABC in New York, a CBS affiliate, on May 12, 1930.  His coverage of the Lindbergh kidnapping and subsequent trial received national attention. Within two years, he befriended J. Edgar Hoover. His newspaper column was syndicated in over 2,000 newspapers worldwide, and he was read by 50 million people a day from the 1920s until the early 1960s. His Sunday-night radio broadcast was heard by another 20 million people from 1930 to the late 1950s.  In 1948, Winchell had the top-rated radio show when he surpassed Fred Allen and Jack Benny.   During the 1950s, Winchell favored Sen. Joe McCarthy, but he became unpopular as the public turned against McCarthy. He also had a weekly radio broadcast which was simulcast on ABC television until he ended that employment because of a dispute with ABC executives in 1955.  A dispute with Jack Paar effectively ended Winchell's career, signaling a shift in power from print to television.  During this time, NBC had given him the opportunity to host a variety show, which lasted only thirteen weeks. His readership gradually dropped, and when his home paper, where he had worked for thirty-four years, closed in 1963, he faded from the public eye.  He did, however, receive $25,000 per episode to narrate “The Untouchables” on the ABC television network for four seasons beginning in 1959.  Winchell died in LA in 1972.
    1908 - Orchestra conductor, arranger and composer Percy Faith was born in Toronto. He began by playing music for silent films in the city's movie houses, later turning to arranging and composing when his hands were severely burned in an accident. After a stint at the CBC, Faith moved to the US, where he became an arranger-conductor for Columbia Records. He worked with many pop singers, including Guy Mitchell and Tony Bennett, as well as recording with his own orchestra and chorus. His "Theme from a Summer Place" won the Grammy Award for Record of the Year in 1960. Percy Faith died in Los Angeles in 1976.
    1915 - Billie Holiday’s birthday in Philadelphia, born Eleanora Fagan and nicknamed "Lady Day".   She is considered by many jazz critics to have been the greatest jazz singer ever recorded. In her 26-year career, despite having received no formal training, she demonstrated a unique style with sophisticated and dramatic phrasing. Among her best-known songs are "Lover Man," "God Bless the Child," "Don't Explain" and "Strange Fruit." Often coupled with saxophonist Lester Young, a fan wrote "Strange Fruit" as a poem, she set it to music, and sang at a time that considered this quite revolutionary. Some of her backing musicians included such famous jazzmen as Lester Young, Roy Eldridge and Teddy Wilson. A movie loosely based on Billie Holliday's autobiography, "Lady Sings the Blues," was made in 1973 starring Diana Ross.  She died at New York, NY, July 17, 1959.  On this date in 1986, Holliday was honored with a star on the Hollywood Walk of Fame, nearly 27 years after her death.
http://memory.loc.gov/ammem/today/apr07.html
    1918 – Red Sox Hall of Famer Bobby Doerr was born in LA.    1919 - Birthday of pianist, arranger, and band leader Ralph Flanagan, born Ralph Elias Flenniken in Lorain, OH.
http://www.centrohd.com/biogra/f2/ralph_flanagan_b.htm
http://www.amazon.com/exec/obidos/tg/stores/artist/glance/-/44519/002-5217827-1679236
    1920 - Birthday of Indian musician Ravi Shankar.
http://www.ravishankar.org/bio.html
    1922 – The Secretary of the Interior Albert Fall leased to private oil companies at low rates without competitive bidding Navy petroleum reserves at Teapot Dome in Wyoming, and two locations in California, in what would become the center piece of the Teapot Dome Scandal that plagued the presidency of Warren G. Harding.  Before the Watergate, Teapot Dome was regarded as the "greatest and most sensational scandal in the history of American politics".
    1923 – The first brain tumor operation under local anesthetic was performed at Beth Israel Hospital in NYC by Dr. K Winfield Ney.
     1928 – “Maverick” and “Rockford”, James Garner was born James Scott Bumgarner in Norman, OK.  In addition to huge TV success, he played leading roles in more than fifty films.  Garner died of a heart attack in 2014 in LA.
    1928 - 44-yr old New York Ranger General Manager Lester Patrick replaced his injured goaltender in a Stanley Cup game, and beat the Montreal Maroons 2-1.
    1929 – Record heat prevailed across New England. Hartford, CT reported an afternoon high of 90 degrees.
    1931 – Daniel Ellsberg was born in Chicago.  He is an activist and former military analyst who, while employed by the RAND Corporation, precipitated a national political controversy in 1971 when he released the Pentagon Papers, a top-secret Pentagon study of U.S. government decision-making in relation to the Vietnam War, to The New York Times and other newspapers.  Ellsberg was charged with others of theft and conspiracy, carrying a total maximum sentence of 115 years. Due to gross governmental misconduct and illegal evidence gathering, and the defense by Leonard Boudin and Harvard Law School professor Charles Nesson, Judge Byrne dismissed all charges against Ellsberg on May 11, 1973.  The release of these papers was politically embarrassing not only to those involved in the Kennedy and Johnson administrations but also to the then incumbent Nixon administration.  As a response to the leaks, the Nixon staffers began a campaign against further leaks and against Ellsberg personally. Aides, under the supervision of John Erlichman, created the "White House Plumbers", which would later lead to the Watergate burglaries.  On September 3, 1971, the burglary of Lewis Fielding's office was carried out by the Plumbers and they found Ellsberg's file but it did not contain the potentially embarrassing information they sought. Hunt and Liddy subsequently planned to break into Fielding's home, but Ehrlichman did not approve the second burglary. The break-in was not known to Ellsberg or to the public until it came to light during Ellsberg's trial in April 1973.
    1931 – Seals Stadium, first California home of the San Francisco Giants, opened in The Mission at Bryant & 16th.  It began as the home of San Francisco’s TWO minor league teams, the Seals and the Missions. It was demolished in late 1959 as the Giants moved to their home at Candlestick Park.
    1933 – Prohibition in the US was repealed for beer of no more than 3.2% alcohol by weight, eight months before the ratification of the
21st amendment
.
    1933 – Wayne Rogers was born In Birmingham, AL.  Best known for playing Trapper John McIntyre in the first four seasons of M*A*S*H*.
    1935 – Bobby Bare was born in Ironton, OH.  Singer and songwriter, best known for “Detroit City” and “500 Miles Away from Home”.  Just before he was drafted, he wrote a song called "The All-American Boy” and did a demo for his friend, Bill Parsons, to learn and record. Instead of using the version Bill Parsons did later, the record company decided to use the original demo recorded by Bare. The record reached number 2 on the Billboard Hot 100, but they made an error: the singles' labels all credited the artist as being "Bill Parsons." The same track, with the same billing error, peaked at No. 22 in the UK Singles Chart in April 1959.
    1935 – Sarazen’s Double Eagle. In the final round of the second Masters Tournament, Gene Sarazen reached the par-5 15th hole four shots out of the lead. His drive left him 220 years shot of the cup. Sarazen hit his 4-wood and knocked the ball over the pond protecting the green, onto the fringe and into the hole for a double-eagle two. Sarazen tied Craig Wood at 282, six under par, and defeated him the next day in a playoff.
    1935 – Amarillo, TX, reported dust obscuring visibility for twenty hours. Blowing dust was reported twenty-seven of thirty days in the month. On several days the visibility was reduced to near zero by the dust.
    1938 – Birthday of jazz trumpeter Freddie Hubbard in Indianapolis.
    1938 – Once and current California Governor Jerry Brown was born Edmund Gerald "Jerry" Brown Jr. in San Francisco.
    1939 – Birthday of Francis Ford Coppola in Detroit, MI. Winemaker, film maker, bon vivant, true Renaissance man who has evidently passed his talents on to his children.
    1940 - First postage stamp depicting an African-American showed the educator Booker Taliaferro Washington, whose likeness was on the 10-cent brown stamp placed first at sale at Tuskegee Institute, AL. The stamp was one of the Famous American Commemorative series issues of 1940. A three-cent deep blue stamp depicting the log cabin in which Washington lived had been issued on April 5, 1936.
    1943 – SWETT, JAMES ELMS, Medal of Honor
Rank and organization: First Lieutenant, U.S. Marine Corps Reserve, Marine Fighter Squadron 221, with Marine Aircraft Group 12, 1st Marine Aircraft Wing. Place and date: Solomon Islands area, 7 April 1943. Entered service at:  California. Born: 15 June 1920, Seattle, Wash. Other Navy award: Distinguished Flying Cross with 1 Gold Star. Citation: For extraordinary heroism and personal valor above and beyond the call of duty, as division leader of Marine Fighting Squadron 221 with Marine Aircraft Group 12, 1st Marine Aircraft Wing, in action against enemy Japanese aerial forces in the Solomon’s Islands area, 7 April 1943. In a daring flight to intercept a wave of 150 Japanese planes, 1st Lt. Swett unhesitatingly hurled his 4-plane division into action against a formation of 15 enemy bombers and personally exploded 3 hostile planes in midair with accurate and deadly fire during his dive. Although separated from his division while clearing the heavy concentration of antiaircraft fire, he boldly attacked 6 enemy bombers, engaged the first 4 in turn and, unaided, shot down all in flames. Exhausting his ammunition as he closed the fifth Japanese bomber, he relentlessly drove his attack against terrific opposition which partially disabled his engine, shattered the windscreen and slashed his face. In spite of this, he brought his battered plane down with skillful precision in the water off Tulagi without further injury. The superb airmanship and tenacious fighting spirit which enabled 1st Lt. Swett to destroy 7 enemy bombers in a single flight were in keeping with the highest traditions of the U.S. Naval Service.
    1945 - The Japanese battleship Yamato, the largest battleship ever constructed, was sunk with four destroyers by American planes 200 miles north of Okinawa while en route to a suicide mission in Operation Ten-Go.
    1945 – JAMES, WILLY F., Jr., Medal of Honor
Citation: For extraordinary heroism in action on 7 April 1945 near Lippoldsberg, Germany. As lead scout during a maneuver to secure and expand a vital bridgehead, Private First Class James was the first to draw enemy fire. He was pinned down for over an hour, during which time he observed enemy positions in detail. Returning to his platoon, he assisted in working out a new plan of maneuver. He then led a squad in the assault, accurately designating targets as he advanced, until he was killed by enemy machine gun fire while going to the aid of his fatally wounded platoon leader. Private First Class James’ fearless, self-assigned actions, coupled with his diligent devotion to duty exemplified the finest traditions of the Armed Forces.
    1945 – OKUTSU, YUKIO, Medal of Honor
Technical Sergeant Yukio Okutsu distinguished himself by extraordinary heroism in action on 7 April 1945, on Mount Belvedere, Italy. While his platoon was halted by the crossfire of three machine guns, Technical Sergeant Okutsu boldly crawled to within 30 yards of the nearest enemy emplacement through heavy fire. He destroyed the position with two accurately placed hand grenades, killing three machine gunners. Crawling and dashing from cover to cover, he threw another grenade, silencing a second machine gun, wounding two enemy soldiers, and forcing two others to surrender. Seeing a third machine gun, which obstructed his platoon’s advance, he moved forward through heavy small arms fire and was stunned momentarily by rifle fire, which glanced off his helmet. Recovering, he bravely charged several enemy riflemen with his submachine gun, forcing them to withdraw from their positions. Then, rushing the machine gun nest, he captured the weapon and its entire crew of four. By these single-handed actions he enabled his platoon to resume its assault on a vital objective. The courageous performance of Technical Sergeant Okutsu against formidable odds was an inspiration to all. Technical Sergeant Okutsu’s extraordinary heroism and devotion to duty are in keeping with the highest traditions of military service and reflect great credit on him, his unit, and the United States Army.
    1946 – Syria’s independence from France was recognized.
    1947 – The first Tony Awards ceremony for Broadway plays was held in New York. The award was named after Antoinette (Tony) Perry, who died the previous year. Perry served as director of the wartime board of the American Theater Wing. Winners at the first presentation included Best Actresses Ingrid Bergman for “Joan of Lorraine” and Helen Hayes for “Happy Birthday”. Best Actors:  José Ferrer for “Cyrano de Bergerac” and Fredric March for “Years Ago”.  Patricia Neal as Best Supporting Actress for “Another Part of the Forest”, David Wayne for Best Supporting Actor in “Finian’s Rainbow”, and Elia Kazan as Best Director for “All My Sons”.
    1949 – The Rodgers and Hammerstein musical “South Pacific” opened at the Majestic Theatre on Broadway. Adapted from James Michener’s Pulitzer Prize winning novel “Tales of the South Pacific,” the musical ran for 1,925 performances. Mary Martin and Ezio Pinza were the stars. “South Pacific” was made into a movie in 1958.
    1949 – John Oates of the duo Hall and Oates, was born in New York City. Beginning with their first record, “Whole Oats,” in 1972, Daryl Hall and Oates had great success with their energetic blend of rhythm-and-blues and rock ‘n’ roll.
    1951 – Singer/songwriter/musician Janis Ian was born Janis Eddy Fink in The Bronx.  She has won two Grammy Awards, the first in 1975 for her song “At Seventeen”, and the second in 2013 for Best Spoken Word, for her autobiography, “Society's Child”.
    1951 – Ben Hogan won the Masters with a 280.
    1953 – Top Hits
“Pretend” – Nat King Cole
“Till I Waltz Again with You” – Teresa Brewer
“I Believe” – Frankie Laine
“Your Cheatin’ Heart” – Hank Williams
    1954 – Birthday of football Hall of Famer Anthony Drew “Tony” Dorsett, Rochester, Pa.  He won the 1976 Heisman Trophy as a running back from the University of Pittsburgh and was drafted in the first round by the Dallas Cowboys with whom he established his Hall of Fame career.  In 1983, Dorsett broke a 99-yard touchdown run against the Vikings, which is the longest run from scrimmage in NFL history.  He is the first of only two players in history (with Marcus Allen) who has won the Heisman Trophy, won the Super Bowl, won the College National Championship, been enshrined in the College Hall of Fame, and been enshrined in the Pro Football Hall Of Fame.
    1954 – “Gee”, by The Crows, became the first rhythm and blues single to gain attention on pop music charts.
    1954 – President Eisenhower gave his speech on the domino theory regarding the spread of communism in Indochina: ”Finally, you have broader considerations that might follow what you would call the "falling domino" principle. You have a row of dominoes set up, you knock over the first one, and what will happen to the last one is the certainty that it will go over very quickly. So you could have a beginning of a disintegration that would have the most profound influences.”
    1956 – Little Richard’s “Long Tall Sally” is released.
    1956 – The CBS Radio Network debuts the first regularly scheduled, nationally broadcast Rock and Roll show, “Rock ‘n’ Roll Dance Party”, with Alan Freed as host.
    1956 – The Platters made their television debut on the Dorsey Brothers' “Stage Show”, broadcast on CBS.
    1957 – Cable cars resume clambering up and down Hyde Street for the first time in nearly three years. The new route is a combination of parts of the Washington and Jackson lines and the end of the Hyde line.
    1958 – The Platters’ “Twilight Time” is released.
    1958 - The Capitol label officially abandons issuing 78 rpm records.
    1958 – To welcome their new team, the Dodgers, for their first season in LA, the LA Memorial Coliseum erected a 42-foot screen in left field to cut down on home runs, since it is only 250 feet down the line
    1959 – Marty Robbins recorded “El Paso”.
    1961 – Top Hits
“Blue Moon” – The Marcels
“Apache” – Jorgen Ingmann
“On the Rebound” – Floyd Cramer
“Don’t Worry” – Marty Robbins
    1962 – The Rolling Stones began to take shape when Mick Jagger and Keith Richards met guitarist Brian Jones at the Ealing Jazz Club. Bill Wyman and Charlie Watts came into the picture in January of 1963.
    1962 - Elvis arrived in Hawaii to begin shooting the ocean shots for his latest film, Blue Hawaii”. At his hotel, the Kaiser Hawaiian Village, he was mobbed by over a thousand fans and sprints away from them, losing several pieces of jewelry in the process. (His ring was returned the next day.)
    1962 - Bobby Rydell was ironically cast as Hugo Peabody in the film version of the hit Broadway musical Bye Bye Birdie”.
    1964 – IBM launched System/360.
    1969 – Ted Williams made his debut as a major league manager as the New York Yankees defeated his Washington Senators 8-4 in Washington’s RFK Stadium before 45,000. The Senators finished the year in fourth place for the AL West with a record of 86-76. This was and has been considered one of the great managerial seasons on record as the Senators were woeful.  William’s managerial career lasted four seasons. His team won 273 games and lost 364.
    1969 – Top Hits
“Dizzy” – Tommy Roe
“Aquarius/Let the Sun Shine In” – The 5th Dimension
“You’ve Made Me So Very Happy” – Blood, Sweat & Tears
“Who’s Gonna Mow Your Grass” – Buck Owens
    1969 – The Internet’s symbolic birthdate with the publication of RFC (Request for Comment) 1.  Request for Comments documents were invented by Steve Crocker in 1969 to help record unofficial notes on the development of ARPANET. RFCs have since become official documents of Internet specs, communications protocols, procedures, and events.  Today, it is the official publication channel for the Internet Engineering Task Force (IETF), the Internet Architecture Board (IAB), and  to some extent, the global community of computer network researchers in general.  Oddly there is no mention of Al Gore’s role in all of this!!!
    1969 – Former Niners RB and Super Bowl hero Ricky Watters was born in Harrisburg, PA.
    1970 - Three weeks after moving hurriedly from Seattle, where they were called the Pilots, the Milwaukee Brewers made their American League debut, losing to the California Angels 12-0, at Milwaukee County Stadium. The Brewers finished fourth in the AL West in 1970 with a record of 65-97. They won their first division pennant in 1982 but lost the World Series to the St. Louis Cardinals.
    1970 – John Wayne, a veteran of over 200 films, won his first and only Oscar. The Duke received the Academy Award for Best Actor for “True Grit”, which also starred Kim Darby and Glen Campbell. Estimates show movie-goers paid over $500 million to see John Wayne in his films which include: “The Big Trail”, “Reap the Wild Wind”, “The Long Voyage Home”, “Red River”, “The Quiet Man” and “The Sands of Iwo Jima”.  The only other film to earn him an Oscar nomination was “Midnight Cowboy”, starring Dustin Hoffman and Jon Voight, becoming the first X- rated movie to win the Best Picture Oscar at the Academy Awards ceremony.  B.J. Thomas' "Raindrops Keep Falling On My Head," featured in the Redford/Newman film Butch Cassidy and the Sundance Kid”, won Best Original Song.
http://www.infoplease.com/ipa/A0149147.html
    1973 - Vicki Lawrence got her number one single as “The Night the Lights Went Out in Georgia” made it to the top of the pop charts.
    1977 - The Toronto Blue Jays, an American League expansion team, played their first regular season game, beating the Chicago white Sox, 9-5, at Toronto's Exhibition stadium. The Jays finished last in the AL East in 1977 with a record of 54-108. They won their first division title in 1985.
    1977 - AT&T celebrated the 75th Anniversary of the First Television Broadcast, a public broadcast to New York City from Washington, DC, displaying the image of Commerce Secretary Herbert Hoover. Could this have been the first C-SPAN?
http://www.newstream.com/cgi-bin/display_story.cgi?5472
    1977 - Top Hits
“Rich Girl” - Daryl Hall & John Oates
“Dancing Queen” - Abba
“Don't Give Up on Us” - David Soul
“Lucille” - Kenny Rogers
    1979 - Houston pitcher, Ken Forsch, tossed a no-hitter over the Atlanta Braves, 6-0. Forsch only walked two batters in the earliest no-hitter ever pitched in a baseball season. He and brother, Bob, a pitcher for the St. Louis Cardinals, were the only brothers to ever pitch no-hitters in the big leagues when Bob pitched a no-hitter on April 16, 1978.
    1979 - "Music Box Dancer", an instrumental by Canadian pianist Frank Mills, became the number-one single in the US, the first instrumental in several years to reach the top of the charts. In Mills' home country, the record only made it to #47.
    1979 - The two-day California Music Festival at the L.A. Memorial Coliseum opens. 110,000 people pour in and it makes $1.2 million. The promoters claim it's a financial loss though performers like Aerosmith, the Bootown Rats, Cheap Trick, Ted Nugent and Van Halen make appearances.
    1980 - President Jimmy Carter broke off diplomatic relations with Iran and ordered out all Iranian embassy staff because of the detention of United States embassy hostages in Tehran.
    1981 - Bruce Springsteen and the E Street Band played their first concert outside North America, opening their new tour at the Congress Centre in Hamburg.
    1982 - Seven people die in the firestorm that engulfs the Caldecott Tunnel when an AC Transit bus collides with a gasoline truck in the westbound lanes at about 12:15 a.m. Steve Rutledge heroically saves lives by running back to the tunnel entrance and stopping cars that otherwise would have driven in the inferno. Rutledge's mother, June, dies in the explosion.
    1984 - Jack Morris of the Detroit Tigers tied the record for the earliest no-hitter in a season when he beat Chicago 4-0. A national television audience watched as Morris struck out eight batters, and walked six, for the first no-hitter thrown in Comiskey Park, Chicago, in 17 years.
    1985 - Top Hits
“One More Night” - Phil Collins
“We are the World” - USA for Africa
“Crazy for You” - Madonna
“Country Girls” - John Schneider
    1986 - Red Sox outfielder Dwight Evans becomes the first player to hit the first pitch on Opening Day for a home run. Jack Morris throws the gopher ball but gets the win as the Tigers edges Boston, 6-5.
    1987 - International Falls, MN, with record warm afternoon high of 71 degrees, was warmer than Miami, FL, where the high was a record cool 66 degrees.
    1988 - High winds in the Middle Atlantic Coast Region gusted to 172 mph atop Grandfather Mountain, NC. Twenty-nine cities in the southwest and north central U.S. reported record high temperatures for the date, including Yankton, SD with a reading of 91 degrees.
    1989 - Twenty-seven cities in the southwestern U.S. reported record high temperatures for the date. Afternoon highs of 92 degrees in Downtown San Francisco and 104 degrees at Phoenix established records for April. Highs of 78 degrees at Ely, NV and 93 degrees at San Jose equaled April records.
    1990 - Farm Aid IV is held at the Indiana Hoosier Dome. Performers include Neil Young, Kris Kristofferson, Willie Nelson, John Mellencamp, Guns N' Roses and Jackson Browne. Elton John dedicates "Candle in the Wind" to AIDS patient Ryan White during the show. White dies later that night.
    1990 - Low pressure brought strong winds to the Alaska Peninsula and the Aleutian Islands. Winds gusted to 68 mph at Port Heiden two days in a row. Unseasonably warm weather prevailed across central Alaska. Yakutat reported a record high of 54 degrees. Unseasonably cold weather prevailed over central sections of the Lower Forty-eight states. A dozen cities from Kansas to Indiana and Alabama reported record low temperatures for the date. Evansville, IN equaled their record for April with a morning low of 23 degrees.
    1990 – In Iran-Contra, National Security Advisor John Poindexter was found guilty of five charges for his part in the scandal (the conviction is later reversed on appeal).
    1997 - Trumpeter Wynton Marsalis became the first jazz composer to win a Pulitzer Prize for music. He won for "Blood on the Fields," a three-hour work for big band and three singers.
    2003 - Syracuse wins the NCCA Mens’ basketball title at the Louisiana Superdome.  Syracuse won their first national championship in three tries under Jim Boeheim, defeating Kansas 81-78 in what would be Roy Williams’ final game as head coach of the team.  He left to become the head coach at North Carolina, a position he still holds as of the 2014-2015 season.  Carmelo Anthony of Syracuse was named the tournament's MVP.
http://sportsillustrated.cnn.com/basketball/college/2003/n
caa_tourney/news/2003/04/07/championship_gamer_ap/

    2003 – US troops captured Baghdad and Saddam Hussein’s regime fell two days later.
    2008 - Kansas Jayhawks defeated the Memphis Tigers 75-68 in overtime at the Alamodome in San Antonio, Texas, to win their fifth national championship, and third NCAA championship. On August 20, 2009, the NCAA forced Memphis to vacate all of its wins from the 2007-08 season, as well as their trip to the Final Four and the NCAA Championship Game. The penalty, which was due to use of an ineligible player, widely believed to be Derrick Rose, was upheld by the NCAA Infractions Appeals Committee on March 22, 2010.
    2008 - 66 year old Bob Dylan received an honorary Pulitzer Prize for his "profound impact on popular music and American culture, marked by lyrical compositions of extraordinary poetic power."
    2008 - Olivia Newton-John began a walk across the entire length of China's Great Wall in order to raise funds for and awareness of the battle to cure breast cancer. The walk took three weeks and covered 141 miles.
    2014 - The UConn Huskies beat the University of Kentucky Wildcats 60-54 for the NCAA Men's Basketball Division I championship title

NBA Champions This Date
    1956 - Philadelphia Warriors
NCCA Champions This Date
    2003 - Syracuse
    2004 - UConn
    2008 - Kansas
    2014 - UConn

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