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kitmenkin@leasingnews.org
   



Friday, August 3, 2012



Today's Equipment Leasing Headlines


  Archive: August 3, 2000
  --- 35 Leasing Companies Major Changes
   Archive August 3, 2009
    --Ken Bentsen resigns from ELFA
     Classified Ads---Senior Management
 Stoddard & Associates Joins
  Companies who notify lessee
   in advance of lease expiration
Onset Financial PPR as Marquette, Mazuma, Tetra
 by Christopher Menkin
  New Hires---Promotions
   Classified Ads---Help Wanted
     13 Awesome Sports the Olympics Killed
      by Michael B. Sauter, Alexander E. M. Hess,
        Lisa Uible, and Samuel Weigley, 24/7 Wall St.
         United Capital Finances Acquisition 12 Papa John’s®
         Terrier Puppy
         Downtown Los Angeles, California Adopt-a-Dog
    The Dark Knight Rises/Trishna
     Dr. Seuss’ The Lorax/Marley/Johnny Guitar
     Movie/DVD Reviews by Fernando Croce
      Classified Ads---Asset Management
News Briefs---
 Marlin Leasing Reports 2nd Q/Cash Dividend $0.08 per share
  Taylor Capital Group – Taylor Cole Bank Momentum
   Franchise 50 Contenders (companies just missed QSR 50)
    Facebook admits millions of accounts are fake
     Knight Capital fighting for its life
      Mortgage rates rise
       The true costs of solar leasing
        Lifeguard gets $2,600 bill after rescuing boy from surf
    Chick-fil-A says "Appreciation Day" sets record
     IRS missing billions in ID theft
      UBS Whistleblower Gets Out of Jail
       Senate block cybersecurity bill before election
        Mideast tension puts Navy ships to sea quicker

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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. It is considered “bias” as it is the writer’s viewpoint.



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[headlines]
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Archive: August 3, 2000
35 Leasing Companies Major Changes

American Business Leasing (gone)
BankVest (bankrupt)
Bombadier (reported having problems, not confirmed)
Charter Financial (purchased by Wells Fargo)
Commerce Security (closed to leasing broker program)
Copelco (sold to Citibank)
Dana (sold off, active as captive)
DVI Capital (out of broker)
Fidelity (acquired by EAB, a wholly owned subsidiary of ABN AMRO Bank N.V., headquartered in the Netherlands)
Finova (out of market place)
Franklin Bank (no more leases)
Imperial (sold portfolio)
Lease Acceptance (will accept no more broker business)
Leasing Corp of America (for sale below book value)
Leasing Solutions (bankrupt)
Liberty Leasing (closed, California Company)
Linc Capital (out of vendor and broker business, NASDAQ halts stock sales)
Merit Leasing (gone)
METWEST LEASING CO. Spokane WA. (Advising brokers that they have run out of funds so they are
unable to fund a transaction we have there for funding.)
Metrolease--reports closing operation, will not confirm nor deny, many rumors floating around the marketplace, will not return telephone calls to leasingnews.org)
NationsBank Leasing (sold to Textron, no longer doing broker business)
New England Capital (sold to Network Capital Alliance a division of Sovereign Bank. Sovereign did hire two people who will run a sales office in CT, doing basically the same deals with the same people as before. Little will change in that aspect.
Newcourt (sold off)
Onset Capital (Irwin buys 87% equity)
Orix (closes small ticket division in Portland, Oregon)
Phoenix (both divisions)
Prime Capital (“yes and no" sold off, may be negotiating)
Rockford (sold to American Express)
SDI (closed to broker programs)
T&W (bankrupt, lost their listing)
Transamerica (sold)
UniCapital (chairman, CEO, CFO resign, 38 employees cutback, good reports, on comeback trail)
United Capital (coming back, changes, good reports)
United leasing (re-financing)
USA Capital Leasing (gone)




 

[headlines]
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Archive August 3, 2009
Ken Bentsen resigns from ELFA


Hon. Ken Bentsen, Jr.-He became president of the Equipment Finance and Leasing Associations (ELFA) July 1, 2007. In this relatively short period of time, he has brought considerable attention to the media about the leasing industry, quoted often in major magazines and newspapers, appearing on radio and television, quite frequently, too. On the personal side, he is also an active member of a number of educational, civic and charitable boards, including Chairman of the Board of the Susan G. Komen for the Cure.

The next day came the official announcement from ELFA:

*****Announcement**************************************

A Message to ELFA Members

Bentsen to leave ELFA for SIFMA, Petta to serve as Interim President

Washington, DC - August 4, 2009-The Equipment Leasing and Finance Association (ELFA) announced today that ELFA President Ken Bentsen was stepping down to take a new position as Executive Vice President of the Securities Industry and Financial Markets Association (SIFMA). Ralph Petta, ELFA Vice President for Research and Industry Services, was named to serve as interim President upon Bentsen's departure.

"Ken Bentsen brought the ELFA to a new level of awareness in Washington among policy makers, crafted a sustainable strategy for our great association, navigated our association through an unprecedented financial crisis and drove a multi-faceted advocacy effort that continues to benefit many of our members," said ELFA Chairman James J. Ambrose, president of Equipment Finance, GE Health Care Financial Services. "We are well positioned as the "the" source of equipment finance industry information largely due to Ken's leadership and vision."

"We are fortunate to have thought through such an event in advance and are prepared for a smooth transition into our next chapter of ELFA leadership.” Accordingly, we are pleased to announce Ralph Petta as interim President for the ELFA. Ralph has been an integral thought leader across many of our initiatives and possesses a keen operational focus, which will greatly benefit the association," said Ambrose.

********Announcement************************************



 

[headlines]
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Classified Ads--- Sales Management



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27 yrs. exp. sales, ops., credit, strategy, P&L mngmet. Most recently created & executed the biz plans for 2 highly successful Bank-owned small ticket leasing subsidiaries. 
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20 years exp. as hands-on leasing CFO, managing accounting, treasury, FP&A, including securitizations, Great Plains/FRx, budgets, risk management.  MBA.  Also available as interim Controller/CFO, consultant.
Email: leasecfo@gmail.com


Free Posting for those seeking employment in Leasing:
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All “free” categories “job wanted” ads:http://www.leasingnews.org/Classified/Jwanted/Jwanted.htm

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[headlines]
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Joins
Companies who notify lessee in advance of lease expiration

Stoddard & Associates, Los Angeles, California

"Early on, when I was not an independent broker, I worked for a lessor that sometimes offered an extension option on the lease, especially since the majority of what we were doing were fives and the client often needed that extra quarter (or even a year) to decide and/or trade in/return equipment. I always told the client to calendar any end of term provisions; however, I carefully calendared all this at my end as well. It was often a challenge to track down the person responsible for taking action, but I made it a point to do so. I never had one problem as a result.

"I carried this process over when I started Stoddard & Associates in 2002. And, I've gone to bat for clients with other company's leases who may have had a problem when slipping a deadline on notification. It's not rocket science. Simply make sure your customer is aware of the contract stipulation, as some of them will not pay attention. Then, safeguard your client by keeping a follow-up so nothing falls through the cracks."

Sonia von Matt Stoddard, BPB
(NAELB Best Practices Broker*)


Companies who notify lessee in advance of lease expiration 
and require their discounter to also notify lessee in advance

ABCO Leasing
Advantage Funding
Agility Ventures LLC
Allegiant Partners
American Leasefund, Inc. 
Balboa Capital Corp. 
BancLease Acceptance Corporation 
Bank of Ozarks Leasing 
Bankers Capital
Bank of the West, Indirect Equipment Finance 
Black Rock Capital
BSB Leasing
Calfund
Capital Technology & Leasing, LLC
Cobra Capital, LLC
Commerce National Bank
Dakota Financial, LLC
Direct Capital
eLease

Financial Pacific Leasing 

 


Five Point Capital, In
Forum Financial Services, Inc. 
Gonor Funding
GreatAmerica Leasing
Innovative Lease Services, Inc.
Lease-$mart
Madison Capital
Macrolease Corporation 
Manufacturer's Lease Plans, Inc
Mesa Leasing
Maxim Commercial Capital
Mount Pleasant Capital
National Machine Tool Financial Corporation
Navitas Lease Corp. 
Northwest Leasing Company
P&L Capital Corporation 
Pacifica Capital 
Pawnee Leasing Corporation

Southern California Leasing, Inc 
Standard Professional Services, LLC
Stoddard & Associates 
TEAM Funding Solutions
Vehicle Lenders Group, LLC

 



 

[headlines]
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Onset Financial PPR as Marquette, Mazuma, Tetra
by Christopher Menkin


This began as a press release received:

#### Press Release #####################

Onset Begins Funding $3MM Digital Billboards

Onset Financial has begun funding $3MM in LED digital billboards for a national advertising firm. The billboards represent cutting-edge technology for oversized electronic displays, and allow the firm to increase their advertising inventory and market reach.

"We are excited to have successfully underwritten another difficult transaction," said Scott Miller, President of Onset Financial. "Onset has become even more versatile in our ability to credit approve deals with challenging collateral."

About Onset Financial, Inc. — Founded in 2008, Onset Financial, Inc. is an Equipment Leasing & Financing company specializing in providing increased funding options to its clients. Onset's seasoned Management Team has decades of equipment leasing experience and key industry relationships that enable Onset to offer additional flexibility in lease structuring. For more information, please call 801 878 0600 or visit www.onsetfinancial.com.

If you are interested in learning more about Onset’s deal parameters or our Broker programs, please call or email me. Thanks, DB

Dustin Bond
Intermediary Relations Manager

###Press Release################################

The company was not named. An email was sent, "who is the company that is leasing the digital billboards. They should be mentioned, and perhaps the president, as Scott Miller is also mentioned in the press release."

The response, "Why, are you going to call them? Take care!"

And return, "Strange that you left them out of the release, as all announcements name the company. You have my curiosity up now, as is there a reason why I should not call them?"

Most press releases not only mention the company, as well as the president, and have a comment from the president, too. Since Leasing News had been writing about PPR purchase options, I decided to go to PACER, and sure enough, up popped the devil in a suit with a copy of the Onset Financial contract, which contained:

“Section 20

n. Lessee's Options at Maturity of Base Period. At the maturity of the Base Period of any Lease, Lessee shall, provided at least one hundred fifty (150) days prior written notice is received by Lessor from Lessee via certified mail, do one of the meowing: (1) purchase the Property for a price to be determined by Lessor end Lessee, (2) renew the Lease for twelve (12) additional months at the rate specified on the respective Schedule, or (3) terminate the Schedule and return the Properly to Lessor at Lessee's expense to a destination within the continental United States specified by Lessor; provided, however, that for option (3) to apply, all accrued but unpaid late charges, interest, taxes, penalties, and any and all other sums due end owing under the Schedule must first be paid in full, the provisions of Sections 8f, 8g and 7d hereof roust be specifically complied with, and Lessee must enter into a new Schedule with Lessor to lease Property which replaces the Property fisted on the old Schedule. With respect to options (1) and (3), each party shall have the right in its absolute and sole discretion to accept or reject any terms of purchase or of any new Schedule, as applicable. In the event Lessor end Lessee have not agreed to either option (1) or (3) by the maturity of the Base Period, or if Lessee fails to give written notice of Its option via certified marl at least one hundred fifty (150) days prior to Use maturity of the Base Period, or if an Event of Default has occurred under any Lease, then option (2) shall apply at the maturity of the Base Period. At the maturity of the renewal period provided for In option (2) above, the Lease shall continue in effect at the rate specified in the respective Schedule for successive periods of six (6) months each subject to termination at the maturity of any such successive six-month renewal period by either Lessor or Lessee giving to the other party at best thirty (30) days prior written notice of termination." (1)

A telephone call to Onsetfinancial did not bring a response.

Perhaps the worry was a call to the president would have brought up was he aware of the Evergreen purchase option, or perhaps he was told it was nominal, and the wording for tax purposes only. Anyway, it would have been too late as the contract was signed.

  1. Onset Contract with PPR purchase option:
    http://leasingnews.org/PDF/OnsetContract.pdf

Mazuma Takes Exception on Being on Evergreen List
http://leasingnews.org/archives/Jul2012/7_30.htm#mazuma

Marquette removed from Companies who notify lessee in advance of lease expiration
http://leasingnews.org/archives/Aug2012/8_01.htm#marquette


((Please click on ad to learn more))
(Leasing News provides this ad “gratis” as a means
to help support the growth of Lease Police)


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New Hires---Promotions


David Bromage was named vice president of business development-healthcare, Key Equipment Finance, Superior, Colorado. He will be based out of Kansas City, Missouri. He joined the company earlier this year, previously director-global financial services, Life Technologies (2007-2011), leader-global enterprise financing Solutions (global Treasury), Nortel, 2005-2007), senior consultant-business development (innovation Unit) Akzo Nobel Chemicals, Amhem, The Netherlands (2004-2005), Leaser, European Sales & Business Develo9pment, Mitel Financial Services, first Asset Finance, London, United Kingdom (200-2002), senior manager, business development-Vendor Finance, CIT Group, London, United Kingdom (1997-2000)m manager, business development-asset & vendor finance, ING Lease, London (1995-1997), manager, business develop-Asset Finance, First Asset Finance, London (1993-1995), trainee chartered accountant (ICAEW), Ernst & Young, London (1992-1993). Georgetown University - The McDonough School of Business MBA, Corporate Strategy & Marketing (2002 – 2004), Georgetown University - The Walsh School of Foreign Service Honors Certificate, International Business Diplomacy (2002 – 2004), The Walsh School of Foreign Service London Business School Certificate, Corporate Finance Evening Programme (1997 – 1998), University of Durham MA, European Politics & History (1988 – 1990), College of the Holy Cross BA, History (1983 – 1987). “David has a strong and successful track record of winning new business in the leasing industry, specifically in healthcare where he has worked as the global leader of a captive financing organization in the life sciences field,” said Tim Duerr, senior vice president of business development for Key Equipment Finance. “I look forward to working with David to deliver flexible and innovative healthcare vendor finance solutions to meet the broad range of capital equipment investment needs in this important market.”
http://www.linkedin.com/in/dhbromage


Robert Fagan promoted to Vice President-Collections, Eastern Funding, New York City, New York. He joined the company in the credit department and noted last as credit manager. He "...has over 20 years of customer service and collections experience from CIT Bank and Copelco Capital where he served as Loan Workout Manager and Manager of Debt Recovery, respectively." According to Eastern Funding, President Michael Fanger, “Robert brings a wealth of experience to the company and we are very excited about his new role."
http://www.linkedin.com/pub/robert-fagan/b/a47/213


Randy Freeman promoted to VP National Business Development, Western Equipment Finance, working out of Naples, Florida. He joined the company in 2009. Previously he was vice president, Business Development, Huntington Equipment Finance (January, 2006-November, 2008), vice president, business development (Irwin Commercial Finance (2002-2006), vice president, national accounts, ABB Business Finance/Fidelity Leasing (January, 2001-January, 2002), vp business development, Citicapital (2000-2001), vice-president, business development, AT&T Capital).Rollins College - Crummer Graduate School of Business BS, Finance, General (1977 – 1981).
http://www.linkedin.com/pub/randy-freeman/11/601/856


Bill Glos appointed, vice-president, Premier Finance at Konica Minolta Business Solutions, USA, working out of Scottsdale, Arizona. "I am pleased and honored to accept a new position with Konica Minolta. My role is to lead the greatest leasing programs in our industry while helping our remarkable company continue to grow. My new email is bglos@kmbs.konicaminolta.us and my cell phone remains the same - 928-642-2749. Please give me a call so we can connect soon." Previously he was a salesman at Remarkable Performances (June, 2011-July, 2012), Prescott, Arizona on a Konica Minolta project, salesman, US Bancorp, Office Equipment Finance Services ( October, 2001-May, 2011), salesman, Copelco Capital (May, 1989-January, 2000).Boston College B.S., Business Administration and Management, General (1981 – 1985), School of Management Concentrations in Marketing, Business Law.  

"Glos will be responsible for managing operating agreements with leasing partners, working with sales channels to enhance financing options, and working with partners to develop new leasing programs as part of Konica Minolta’s solutions and services business. Glos will report directly to Kevin Kern, Senior Vice President Marketing, Konica Minolta Business Solutions U.S.A., Inc."
http://www.linkedin.com/pub/bill-glos/8/727/92


Brandon M. Hamada joins Askounis & Darcy, PC, Chicago, Illinois, as an associate. He "...concentrates his practice in commercial litigation and equipment leasing transactions. He is a member of the Chicago Bar Association and the Asian American Bar Association of Greater Chicago. Prior to joining Askounis & Darcy, PC, Mr. Hamada worked in-house for a North American railcar leasing company (a subsidiary of a global trading company) where he drafted and negotiated various contracts and equipment leases with Fortune 500 companies. While there, he also played an integral role in obtaining a $10 million judgment and dismissal of a counterclaim in a breach of contract dispute. While in law school, Mr. Hamada served as a judicial extern to the Honorable Judge Daniel J. Lynch of the Circuit Court of Cook County, Law Division, and an editor of the Chicago-Kent Journal of Intellectual Property."

John Miller named north central regional manager-municipal for Key Government Finance. “In this role, Miller will be responsible for the origination of municipal, non-profit and other tax-exempt obligations for Key Government Finance in a ten-state area that includes Colorado, Wyoming, Montana, North Dakota, South Dakota, Nebraska, Kansas, Missouri, Iowa and Minnesota." “John adds extensive public sector experience to our team, especially in the areas of direct sales, vendor programs and sales management,” said Amy M. Gross, senior vice president of Key Government Finance. “He understands the unique challenges of public sector finance, and I look forward to working with him to expand our products and services in this 10-state market.” Previously he was lead sales representative, GE Capital, Equipment Finance, state and local government financing (March, 2010-August, 2012), vice-president and national sales manager, GE Capital (May, 2004-January, 2009), vice president & national sales manager, GE Commercial Finance (1984-2009), vendor program manager GE Public Finance (January, 1991-January, 1995), business development manager, GE Public Finance (January, 1987-January, 1991), sales manager/marketing analyst ( GELCO CTI Container Corporation (January, 1984-January, 1987), COLLEGE OF ST THOMAS MBA, Finance, General (1982 – 1983),University of Saint Thomas - School of Business MBA, Business (1981 – 1983), University of Minnesota B.S, Business (1977 – 1981), PROFESSIONAL DEVELOPMENT,(partial list, post college), Six Sigma Certification - Greenbelt, University of Minnesota - Carlson School of Management BS Business, business (1977 – 1981).
http://www.linkedin.com/pub/john-miller/10/b0a/42b


JP Nicoletta promoted to vice-president of Sales and Marketing, Eastern Funding, New York City, New York. He joined the firm in May, 2009, previously held the position of area vice-president, New World Equipment Funding, LLC (2005-2008), relationship manager, Sovereign Bank, CEVF (1999-2005), account manager, The Leeds Company ( 1998-1999).Long Island University, C.W. Post Campus MBA (2007 – 2010), Fordham University B.S, Business Admin (1994 – 1998). According to Eastern Funding, "We are very excited about his promotion. His commitment to a customer-focused business model has helped set us apart and set our clients on their own paths to success. Building strong and lasting customer relationships continues to be a cornerstone of Eastern Funding's success.”
http://www.linkedin.com/in/jpnic419

Joseph W. O’Brien appointed vice president Univest Capital, a subsidiary of Univest Bank and Trust. Previously he was president and CEO, Municipal Capital Corp., Allentown, Pennsylvania, a company he founded in 1995. "He will assume responsibility for Univest Capital’s existing municipal activities and act as the director of municipal finance at the company. “Joe’s team will complement our existing municipal leasing platform and set the stage for continued expansion of this specialized business line,” commented Hugh Connelly, president, Univest Capital. The municipal leasing activities of Univest Capital will be conducted under the trade name Municipal Capital." O’Brien also serves as vice president of the Association for Government Leasing and Finance.


Shane Passarelli appointed senior vice president Capital One Bank,"...Commercial and Specialty Finance Business. Passarelli joined the bank to support the Healthcare Sponsor Finance, Asset Based Lending and the Real Estate Finance businesses. In this role, Passarelli will focus on providing capital to middle-market healthcare companies in connection with acquisitions, leveraged buyouts, recapitalizations, refinancing and other financing needs. He will report to Brian Morris, managing director, Capital One Bank, and will be based in Los Angeles." He joined the company May, 2012. Prior he was senior vice president, Healthcare Finance Group (March, 2004-April, 2012), vice-president, GE Healthcare (2002-2004), senior association, Cerberus Capital Management (2000-2002), “Shane brings nearly 15 years of experience in the finance industry with a focus on healthcare, and we are pleased to welcome him to our team,” said Keith Reuben, executive vice president, Commercial and Specialty Finance, Capital One Bank. “His appointment reflects Capital One Bank’s commitment to serving the west coast.” Passarelli currently serves as a director and the membership chair of the Los Angeles chapter of the Commercial Finance Association. University of Virginia B.S., Finance (1994 – 1998).
http://www.linkedin.com/pub/shane-passarelli/0/296/b31


Eric Retzlaff hired as executive vice president, national sales manager, ATEL. Previously he was head of distribution, Lightstone Group (November, 2006-August, 2012), senior vice-president, AXA Distributors (2001-2006), national sales manager, CEO (Aver Development Corp. (2001-2006), senior vice president, PIMCO (1994-2001), Claremont Graduate University - Peter F. Drucker and Masatoshi Ito Graduate School of Management Masters, Management (1992 – 1994), “I am confident that Eric brings outstanding management capabilities and a broad base of contacts within the financial planning market that will enable him to do an outstanding job in this role and help take our securities division to an even higher level,” commented Dean Cash, president and CEO. Principia College BA, Business Admin. (1976 – 1980).
http://www.linkedin.com/pub/eric-retzlaff/b/94/623

Justin A. Seccombe joins Askounis & Darcy, PC, Chicago, Illinois, as an associate. He concentrates his practice in commercial litigation. Previously he "...practiced insurance coverage litigation on behalf of the insurance industry across all lines of coverage. During law school, Mr. Seccombe interned with Creative Artists Agency Football, helping to negotiate contracts for rookies, Pro Bowlers, and a two-time Super Bowl MVP.•Washington University, J.D., 2010, cum laude, •Emory University, B.A., 2007


 

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Classified Ads---Help Wanted

Testimonials


Northeast

"Thanks much – we’ve gotten some resumes, and are still vetting, so an additional ad time will be appreciated.

"Appreciate your help and we will gladly advertise again when needed."

International Financial Services Corporation
Libertyville, Illinois

----

""I want to thank you for listing our Business Risk employment position in Leasing News.

""I am very happy to report that the position has been filled..."

Laurie Bakke, President
Western Equipment Finance
Devils Lake, North Dakota

Southern California

"We are definitely satisfied customers after placing our employment ad in Kit's Leasing News. Although the person we hired hadn't seen the ad, a friend of hers in the leasing industry saw the ad and told her that Dakota was hiring...

(The position was filled and time was left on the ad, so it was changed to a marketing person, which they also were successful in finding. editor.)

"It turned out we not only filled our open position, but were able to find an experienced leasing veteran who just wanted a location change. It worked out well for everyone!"

Mae G. Philpott
Sales & Marketing Director
Dakota Financial, LLC
Los Angeles, California

----

"The ad worked great. We hired a Documentation Coordinator that has been out of the industry for almost 3 years as a friend of hers saw our ad on Leasing News. She is now in her 2nd full week.

Andrew Nere, President
Innovative Lease Services, Inc. ®
Carlsbad, California

 

Leasing News Help Wanted Ad Pricing

Take Advantage of this Limited Offer!!!

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Help Wanted Web Ad New Programs

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21 days in a row:
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All you need do is send us the copy or the position description you want to fulfill and we do the rest. We will design the ad with the idea to fit you budget best, as well as recommend a “click to a web page” or seprate full page job description. Lines and spaces determine the price of the “help wanted ad” as the Logo is free as well as company description at the bottom of the ad (not to exceed the number of lines of the ad.) Also freeclick to a click to a web site or a full description of the position.

Ads are placed in the "Help Wanted' section by category, alphabetical, with the ad with the most lines first in the group. They appear on the web site and in each news edition at the top, not in flash, but in separate news editions. (The “help wanted” top ad are changed in each news edition in sequence with other “help wanted” ads, mostly in a chronological basis.) The ad always appears in the classified help wanted section in each news edition, plus remains on the web site, even when it appears at the top of the headlines.

Most readers scroll the newsletter, or those directly interested in classified, will click on the headline and go direct to the news edition classified help wanted section, or click on the web site, and go to it at this site.

Leasing News reserves the right to refuse advertising, particularly to a company that has appeared in the complaint bulletin board

[headlines]
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13 Awesome Sports the Olympics Killed
by Michael B. Sauter, Alexander E. M. Hess,
Lisa Uible and Samuel Weigley
24/7 Wall St.


Ireland 600 kg team in the European Championships 2009

1.
Tug-of-war
Year introduced: 1900
Number of Olympics: 6
Last played: 1920

The tug-of-war was first held during the 1900 Paris Olympics and was staged in six different Games as part of the wider track-and-field set of events. Winners included multinational teams: a Danish-and-Swedish team won in 1900 and a German-and-Swiss team won in 1906. Gold medal winners also included private clubs: the Milwaukee Athletic Club on behalf of the United States in 1904 and the City of London Police Club on behalf of Great Britain in 1908. During the 1908 Games in London, when British teams won gold, silver and bronze medals, controversy arose after the American manager accused the Liverpool Police Athletic Society team of wearing pronged boots following his team’s defeat.



Climber taking the final few steps onto the 6,160 m (20,210 ft)
[1] summit of Imja Tse (Island Peak) in Nepal, 2004

2.
Alpinism
Year introduced: 1932
Number of Olympics: 2
Last played: n/a

In 1924, at the first Winter Olympic Games in Chamonix, the first medals for Alpinism, or mountain climbing, were awarded. The event was not a traditional competition held while the Games were in session, but instead, medals were awarded to the individual or group that had achieved the most notable feat in mountaineering since the previous Games. The first medals were awarded to members of the unsuccessful 1922 British expedition to Mt. Everest. This included seven posthumous medals for those who had died. After two medals were awarded in 1936, there were no further mountaineering merits until the 1988 Calgary Games, when Reinhold Messner and Jerzy Kukuczka were honored for successfully summiting each of the 14 8,000-meter peaks.



Clockwise from upper left: a self-portrait from Vincent van Gogh, an African Chokwe statue, detail from the Birth of Venus
by Sandro Botticelli and a Japanese Shisa lion

3.
Arts competition
Year introduced: 1912
Number of Olympics: 7
Last played: 1948

Beginning at Stockholm in 1912, the Olympics included an arts competition. This was purportedly part of the vision that Pierre de Coubertin, who founded the International Olympic Committee (IOC) in 1894, had for the Olympic Games. De Coubertin would later win a gold medal himself, for literature, at the 1912 Games. In 1948, 25 nations sent artists to London to compete in architecture, painting, sculpture, literature and music; this was the last time arts would be featured in the Olympics. As the majority of artists competing were professionals, and the IOC opposed professional competitions at the time, the event was removed.




4.
Cricket
Year introduced: 1900
Number of Olympics: 1
Last played: 1900

In 1900, cricket was played as an Olympic sport in Paris, with only two participating teams, Great Britain and France, playing after Belgium and the Netherlands withdrew. Great Britain fielded a team consisting mostly of members of the Devon County Wanderers’ Club, many of them part-time players who had been on a tour of France. The French team was composed of many British expatriates who lived in Paris and competed in the Olympics under the name All-Paris. The game originally was intended to be included as part of the program in the first Olympics in 1896, but was removed due to a lack of participants.

5.
Croquet
Year introduced: 1900
Number of Olympics: 1
Last played: 1900

Croquet was featured only once — during the 1900 Olympics in Paris — as an official sport. Medals were awarded for both men’s individual one-ball and two-ball competitions, as well as a doubles contest. All six medals for individual competitors were won by France, as was the gold in doubles. The competition was also the first Olympic event in which women participated.

 


Jeu de paume in the 17th century

6.
Jeu de Paume
Year introduced: 1908
Number of Olympics: 1
Last played: 1908

Jeu de Paume, meaning “game of the palm,” made its first and only appearance in 1908 in London. The aristocratic French sport is considered an early ancestor of tennis and was originally played with the palm of the hand instead of a racquet. In 1908, it was played with heavy wooden racquets and balls that had cork centers, which gave them very little bounce. American tycoon Jay Gould II won the gold medal, while competitors from Britain won both the silver and bronze.



Lacrosse at the University of North Carolina

7.
Lacrosse
Year introduced: 1904
Number of Olympics: 2
Last played: 1908

Lacrosse was only played at the 1904 Games in St. Louis and the 1908 Games in London, although it was included as a demonstration sport rather than an official Olympic event in 1928, 1932 and 1948. In 1904, Canada fielded two teams since team sport athletes were registered as individuals in the Olympics until 1908. Canada’s Shamrock Lacrosse team ended up winning gold and the Mohawk Indians, also of Canada, won bronze. Meanwhile, in 1908, lacrosse featured only two teams, with Canada taking the gold and Great Britain taking the silver.



Model of the first motor boat constructed by Daimler and
Maybach at the Daimler Gedächtnis Stätte in Cannstatt

8.
Motorboating
Year introduced: 1908
Number of Olympics: 1
Last played: 1908

Motorboating appeared once, in the 1908 London Games. It was not included in the program again because of a rule in the current Olympic Charter banning activities that rely heavily on mechanized propulsion. The three motorboating races were composed of five laps of an eight nautical mile course. France won the gold in the open class and Great Britain won the gold in the race for boats six to eight meters in length and in the class for boats under 60 feet in length. Thomas Thornycroft, who won both of the golds for Great Britain, later returned to Olympic competition in 1952 at the age of 70 when he was selected for his country’s yachting team.



A game of pelote as played in Ustaritz

9.
Pelota
Year introduced: 1900
Number of Olympics: 1
Last played: 1900
Demonstrated at the 1924, 1968 and 1992 Summer Olympics
Recognized as an Olympic sport

According to David Goldblatt and Johnny Acton, authors of “How to Watch the Olympics,” Pelota is a high-speed game involving throwing and catching a ball off a wall using a curved basket or other tool. As with croquet and cricket, Pelota, also called Basque Pelota, was only an official Olympic sport during the 1900 Paris Games. The only medals awarded were a gold medal won by a two-man team from Spain and a silver presented to a two-man team from France. At the Olympic Games in 1992, held in Barcelona, Pelota was featured as a demonstration sport.


10.
Polo
Year introduced: 1900
Number of Olympics: 5
Last played: 1936

First introduced as an Olympic sport in Paris in 1900, polo is an ancient game that draws its origins from China, Iran and India. Due to a shortage of skilled players, the game featured four mixed teams of men from Mexico, England, Spain, France and the United States in its first Olympic appearance. The game was not included in the 1904 Games because of the cost of shipping the horses thousands of miles. The United States did not field a team for the same reason in 1908 in London. In its Olympic debut in 1924, Argentina won the gold against the United States. And in polo’s last appearance in the Olympics in 1936, Argentina again won the gold after an 11-0 match against England.

 


R. P. Keigwin (right) with AEJ Collins the College's rackets team at Clifton College c. 1902


Interior of the Eglinton Castle Rackets Hall in 1842

11.
Racquets
Year introduced: 1908
Number of Olympics: 1
Last played: 1908

The game of racquets, sometimes called rackets, is similar to today’s squash. However, there are a few differences, including the equipment. The game had its origins in 18th-century Britain, where inmates in debtor prisons kept themselves entertained. In the 1908 Games in London, there were only participants from Great Britain. The singles final was never contested, as one of the competitors had to withdraw due to a previous hand injury. John Jacob Astor V, part of the prominent Astor family, won a gold medal in doubles with his partner Vane Pennell, and a bronze medal in singles.



The Olympic roque competition in 1904.

12.
Roque
Year introduced: 1904
Number of Olympics: 1
Last played: 1904

The only time that roque appeared as an Olympic sport was in St. Louis in 1904, replacing croquet. Roque was considered the cut-rate, American version of the game. Devised by Samuel Crosby, who named it by dropping the ‘c’ and ‘t’ from croquet, the game was played on a hard court, resembling aspects of billiards and golf, in addition to croquet. The only entrants in the competition were Americans. The sport remained popular in the United States for several more decades after its appearance in the Olympics, due in part to the large number of surfaces built as public works projects during the Depression. The game is mentioned by Stephen King in his novel, The Shining, when the main character, Jack Torrance, uses a roque mallet as a weapon.

Rotter Nemere, Hungary, 1936, Olympic soaring plane
The design work was started in January 1936 by Lajos Rotter
(pilot and aircraft designer) to be ready for the anticipated glider demonstration program at the Berlin Olympics. First flight took place on July 27, 1936. Without any soaring flights, it was taken to Berlin. On August 12, Rotter declared a 326.5 km goal flight to Kiel, which was completed in 3h 53'. It was the longest goal flight by any sailplane at that time, and the longest distance flight of 1936. Still during the Olympics, P. Nannini flew the Italian altitude record with the Nemere. [Ivan Jaszlics]

13.
Aeronautics
Year introduced: 1936
Number of Olympics: 1
Last played: 1936

Switzerland’s Hermann Schreiber probably felt pretty good about his gold-medal chances before competing in aeronautics in Berlin’s 1936 Olympic Games. After all, he was the only participant. The event involved a glider being launched from a bungee. Although considered a demonstration sport and not a medal contest, the International Olympic Committee approved the event for the 1940 Olympics scheduled in Tokyo. But since World War II halted the Games, Schreiber is still the lone aeronautics participant at the Olympic Games.

 

 

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

United Capital Finances Acquisition of 12 Papa John’s® restaurants

HUNT VALLEY, MD – August 2, 2012 - United Capital Business Lending, a national business lender specializing in franchise finance, announced today that it provided $2,200,000 in financing to PJ’s East, L.P. to acquire 12 Papa John’s® Pizza locations in the Los Angeles area. The California based franchisee also owns Del Taco® and Denny’s® restaurants.

William Johnson
Sr. VP, Sales/Business Development

“Despite intense competition, Papa John’s® remains a leader among the national pizza chains,” says William Johnson, senior vice president of sales and business development for United Capital. “United Capital is committed to supporting Papa John’s® franchisees with loans for new store development, acquisitions and debt refinancing.”

United Capital Business Lending is a subsidiary of BankUnited (NYSE: BKU), the largest bank headquartered in Florida with over $12 billion in assets.

In addition to Papa John’s® Pizza, the United Capital team has financed franchisees for Subway®, Denny’s®, Dunkin’ Donuts®, Popeyes® and Buffalo Wild Wings® among others.

For information about financing for franchise acquisition, new unit development, remodeling or debt refinancing, call United Capital at 866-218-4793 or visit the company’s website at www.unitedcapitalbusinesslending.com.

##### Press Release ############################


Send Leasing News to a Colleague. We are free!!!

[headlines]
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Terrier Puppy
Downtown Los Angeles, California


Danny
Breed: Terrier (Unknown Type, Small) Mix
Color: Brown/Chocolate - With Tan
Age: Puppy
Size: Small 25 lbs (11 kg) or less
Sex: Male

"I am already neutered, housetrained, up to date with shots, good with kids, good with dogs, and good with cats."

Danny's Story...
Courtesy Listing! Please contact Terrell at: 323-385-8993 or tc2806@hotmail.com and not the rescue group connected to this page!

"Danny is a 6-month old, 10 pound Terrier mix. Danny and his mommy (Carrie) were left behind by their owners when they were evicted from their house. He is very playful and affectionate. He is good with dogs, children, and he loves to chase his foster daddy's cats. Danny is neutered, vaccinated, de-wormed, a fecal test was done, front-lined, and micro-chipped. Please call Terrell at 323-385-8993 or tc2806@hotmail.com

Rescue Group: Downtown Dog Rescue

 

Adopt-a-Pet by Leasing Co. State/City
http://www.leasingnews.org/Conscious-Top%20Stories/Adopt_Pet.htm

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

 

[headlines]
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Classified Ads---Asset Management

Leasing Industry Outsourcing
(Providing Services and Products)

Asset Management: Atlanta, GA
premier provide accounts receivable management functions from 3rd Party contingency collections to Portfolio Purchasing. Contact George Elliott, National Account Manager. 678-694-9063,
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Asset Management: Boston, MA
Nationwide appraisals, remarketing, audits, inspections and more! Over 15-years industry experience and dedicated to deliver personal, prompt, professional services. 
Call Chris @ 508-785-1277. Email:chris@dovermanagementgroup.com 

Asset Management: Minneapolis, MN
NetSentric provides services to leasing companies: Inspection, Appraisals, Auditing, Warehousing, Repossession, Asset Management, Repairs, Remarketing and Field Service for Electronics and Computing Technology.
Email: jcahill@netsentricinc.com 

Asset Management: Monroe, NC
Recover a greater return on your investment.  We specialize in the woodworking, pallet, sawmill and forestry industries.  Carolinamachinerysales.com/Melinda Meier (704)288-1904 x103
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Asset Management: NorthWest Sequent provides collateral recovery, remarketing, and storage services to lenders with assets located in the greater Pacific Northwest. Professional services at reasonable pricing. Contact rossr@sequentam.com

  Asset Management: Orange City, FL
We help Lessors Liquidate un-wanted Assets valued at $750,000+. It's an effective method of Liquidating Assets such as Jets, Planes, Helicopters, Freighters, etc. 
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Asset Storage/Re-Marketing: Ohio & surrounding states. Providing no cost warehousing, condition reports, digital photos and remarketing of off-lease forklifts & industrial equipment. NAFTA wide dealer network. Email to GCochran@OhioLift.com Asset Management
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Asset Management:
South East US- AllState Asset Management 
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Asset Management: Global
Specializing in Semiconductor and Electronic Test Equipment collateral. Lender services include Consignment Sales, Remarketing, Portfolio Purchases, Inspections, De-installation, Repairs and Warehousing. 
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How to Post a free "Outsourcing" classified ad:
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[headlines]
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Fernando's View
By Fernando F. Croc

Superhero blockbusters ("The Dark Knight Rises") and art-house sleepers ("Trishna") contrast at the box-office, while new DVDs offer animation ("Dr. Seuss' The Lorax"), tuneful documentaries ("Marley"), and cult classics ("Johnny Guitar").

In Theaters:


The Dark Knight Rises (Warner Bros.): The colossally successful superhero franchise comes to a thrilling end with this highly anticipated thriller directed by Christopher Nolan ("Memento"). When last seen, Bruce Wayne aka The Batman (Christian Bale) was taking the blame for the Joker's actions so that Gotham City could be saved from crime. Now, the millionaire-turned-caped avenger must come out of retirement to battle another foe, the fierce Bane (Tom Hardy) and his army of underground fighters. With the fate of the city hanging on the outcome, Batman must face not only his new opponent, but also the darkness that may lurk behind his own heroic mask. Featuring returning characters like Alfred (Michael Caine) and Commissioner Gordon (Gary Oldman) as well as new ones like The Catwoman (Anne Hathaway), this blockbuster is a superhero fan's dream come true.



Trishna (IFC Films): Continuing his run as the most eclectic and unpredictable of working filmmakers, Michael Winterbottom adapts Thomas Hardy's classic novel "Tess of the D'Urbervilles" to the screen as a tragic romance set in modern-day India. Trishna (Freida Pinto, from the Oscar-winning "Slumdog Millionaire") is a poor village girl whose life takes a dramatic turn when she meets Jay (Riz Ahmed), the British son of a rich local businessman. While she works in one of his father's hotels, she falls in love with Jay. It's not long, however, before their backgrounds shifts relationship in an increasingly disturbing direction. Taking full advantage of the striking contrasts of India (even including a brief look at the Bollywood film industry), Winterbottom's movie captures the novel's incisive view of cultures in flux and the hapless lovers caught in them.


Netflix Tip: Though scarcely known by today's audiences, French filmmaker Chris Marker (1921-2012) was a master of cinema, having created over the decades dozens of documentaries, shorts and visual essays that seem to expand what our definition of a "movie" can be. Check out Netflix for his two most well-known films, "La Jetee" (the inspiration behind the sci-fi hit "12 Monkeys") and "Sans Soleil," and seek out the rest of his marvelous work.

On DVD:

Dr. Seuss’ The Lorax (Universal): Following up on his 2010 hit "Despicable Me" with another cavalcade of splashy 3D animation, Chris Renaud teams up with co-director Kyle Balda for a visually ticklish adaptation of Dr. Seuss’ beloved short story. Set in a land where natural life has all but vanished, the plot follows the adventures of Ted (voiced by Zac Efron), a 12-year-old boy who, in order to impress his girlfriend Audrey (Taylor Swift), sets out to track down the Lorax (Danny DeVito). A cranky creature bent on restoring the environment to its original splendor, the Lorax seems like an unlikely partner for Ted, yet the two are soon learning lessons about each other’s worlds. Full of catchy songs and noble morals, this is a colorful rollercoaster with a message.



Marley (Magnolia Pictures): Sure, we've all listened to his music, but do we really know Bob Marley? That's the question put forth in this insightful documentary, which examines the complex and often turbulent life and times of the legendary Jamaican reggae artist. Chronicling Marley's rise to fame and untimely death, the film sheds light on his humble beginnings in a poor village, his ascension into stardom in the music business as reggae music became an international sensation, and his battle with cancer which would claim claim his life. Director Kevin Macdonald ("The Last King of Scotland") brings together a deft mixture of interviews with Marley's family, friends and co-workers, and stirring concert footage. Brimming with emotion and, of course, vibrant music, this in-depth portrait of the man's legacy will is sure to enhance audiences' appreciation of his tuneful art.



Johnny Guitar (Olive Films): Fans of unusual Westerns will love this one-of-a-kind frontier classic, which has developed a strong cult following since its 1954 release. The plot deals with Vienna (the legendary Joan Crawford), a saloon owner in danger of being banished from town by her sworn enemy, the fierce Emma Small (Mercedes McCambridge). When a stagecoach is held up and the robbers are rumored to be hiding in Vienna's place, Emma jumps at the chance to execute a bit of mob justice. Little does she know that among the men is Johnny Guitar (Sterling Hayden), Vienna's old lover and an unpredictable gunslinger. At times interpreted as a critique of the 1950s McCarthy witch hunts, at others as an early feminist tract, this is a dreamlike tale which, directed by Nicholas Ray ("Rebel Without a Cause"), transcends camp and becomes poetry.



News Briefs----

 

Marlin Leasing Reports 2nd Q/Cash Dividend $0.08 per share
http://finance.yahoo.com/news/marlin-business-services-corp-reports-213000598.html

Taylor Capital Group – Taylor Cole Bank Momentum
http://community.nasdaq.com/News/2012-08/taylor-capital-group-momentum.aspx?storyid=160664

Franchise 50 Contenders (companies just missed QSR 50)
http://www.qsrmagazine.com/qsr-50/contenders-2012?utm_campaign=20120802&utm_source=jolt&utm_medium=email

Facebook admits millions of accounts are fake
http://www.myfoxny.com/story/19180366/facebook-admits-millions-of-accounts-are-fake

Knight Capital fighting for its life
http://www.chicagotribune.com/business/

Mortgage rates rise
http://www.bankrate.com/finance/news/mortgages-rise-along-with-hope-for-europe.aspx?ic_id=Top_Stories_link_1

The true costs of solar leasing
http://www.pv-tech.org/guest_blog/the_true_costs_of_solar_leasing

Lifeguard gets $2,600 bill after rescuing boy from surf
http://news.yahoo.com/blogs/lookout/lifeguard-gets-2-600-bill-rescuing-boy-surf-130832240.html

Chick-fil-A says "Appreciation Day" sets record
http://www.ajc.com/business/chick-fil-a-says-1489980.html

IRS missing billions in ID theft
http://www.boston.com/business/personal-finance/taxes/2012/08/02/irs-missing-billions-theft/vHJriJPNyuc1NuTANdzLHL/story.htm

UBS Whistleblower Gets Out of Jail
http://www3.cfo.com/article/2012/8/banking-capital-markets_swiss-banking-scandal-whistleblower

Senate block cybersecurity bill before election
http://www.sfgate.com/business/article/Senate-block-cybersecurity-bill-before-election-3758790.php

Mideast tension puts Navy ships to sea quicker
http://www.utsandiego.com/news/2012/aug/02/mideast-tension-puts-navy-ships-sea-quicker/

 

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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You May Have Missed---


Top Eating and Drinking Towns in US
http://trends.truliablog.com/2012/08/eating-towns-drinking-towns/




[headlines]

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SparkPeople--Live Healthier and Longer


SparkPeople--Live Healthier and Longer

15 Diet-Friendly Ice Cream Choices
http://www.sparkpeople.com/resource/nutrition_articles.asp?id=1118



[headlines]

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Sports Briefs----

Browns sold for over $1B
http://espn.go.com/nfl/story/_/id/8225861/randy-lerner-sells-cleveland-browns-more-1b-sources-say

Michael Phelps wins gold in 200-meter individual medley at London Olympics
http://www.latimes.com/sports/olympics/la-sp-0803-oly-swimming-20120803,0,2378826.story

Gymnast Gabby Douglas captures gold
http://www.contracostatimes.com/top-stories/ci_21220655/olympics-gymnast-gabby-douglas-captures-gold

Oakland A's success leaves fans in a quandary
http://www.contracostatimes.com/athletics/ci_21222800/monte-poole-oakland-success-leaves-fans-quandary

 

[headlines]
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Baseball Poem

 

 

 

 


Life

by Jim "Mudcat" Grant

 

    

 

Life is like a game of baseball
And you play it every day.
It isn't just the breaks you get,
But the kind of game you play.

Stop and look the whole team over,
You've got dedication there.
You're bound to be a 
winner,
With men who really care.

Your pitcher's name is courage,
You need him in this game.
For trust and faith your keystone men,
The grounders they will tame.


Your centerfielder is very fast,
Though small and hard to see.
So watch him when he gets the ball,
He's opportunity.

At first base there's religion,
He's stood the test of time.
At third base there is brotherhood,
A stalwart of the nine.

Your leftfielder is ambition,
Don't ever let him shirk.
Rightfielder is a husky man,
You'll find his name is work.

Your catcher's name is humor,
He's important to the scheme.
While honor is pitching from the bull pen,
Your game is always clean.

With love on your bench,
You've perfection, no less.
And a winning team,
With joy and happiness.

The other team is strong,
Greed, envy, hatred, and defeat
Are four strong infielders you'll have to buck,

To make your game complete.

Discouragement and falsehood,
Are the big boys in the pen.
You'll have to swing hard,
When you meet up with them.

Carelessness and a man called waste,
You'll find them playing hard.
And selfishness and jealousy,
None can you disregard.

There's one more man you'll have to watch,
He's always very near.
He's the pitcher for this team,
I'm told his name is fear.

The game will not be easy,
There'll be struggle, there'll be strife.
To make the winning runs,
For it's played on the field of life.

So stand behind your team,
There'll be many who'll applaud.
Just remember you are the player,
And the umpire there is God.

[headlines]
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California Nuts Briefs---

Facebook investors' tax revenue uncertain, California analyst says
http://www.sacbee.com/2012/08/02/4684138/facebook-investors-tax-revenue.html



[headlines]
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“Gimme that Wine”

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

Sonoma County: A Normal Harvest?
http://www.pressdemocrat.com/article/20120731/ARTICLES/207311033/1339/business?Title=Grape-growers-hoping-for-a-normal-harvest

Mendocino Wine Group fires back at ousted president
http://www.pressdemocrat.com/article/20120712/BUSINESS/120719846/1036/business?Title=Mendocino-Wine-Group-fires-back-at-ousted-presiden

Crushpad in financial crisis, selling assets
http://www.pressdemocrat.com/article/20120802/BUSINESS/120809868/1339/business?Title=Crushpad-in-financial-crisis-selling-assets

Lambrusco Wants You Back
http://www.nytimes.com/2012/08/01/dining/reviews/lambrusco-a-perfect-warm-weather-wine-wants-you-back.html?_r=1&ref=dining

 

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

      1492--- Christopher Columbus ( Christophe Colombo ) set sail half a hour before sunrise from the harbor of Palos, Spain. With three ships, Nina, Pinta and Santa Maria, and a crew of 90, he sailed 
“for Cathay” but found instead a New World of the Americas, first landing at Guanahani ( San Salvador Island in the Bahamas ) October 12. He returned 224 days later, on March 14, 1493, to Lisbon, where he dispatched two letters of identical content, one to Raphael Sanchez and the other to Luis de Santangel, to describe the new world he had discovered. While he never set foot on the mainland of the United States or even called it America, he described what he thought were
islands of China. He was to return to the area three more times. During his fourth and final expedition (1502-1504) Columbus ( who’s Italian name was Cristo Columbo---history changed it to Columbus
on a map written in Latin ) discovered Martinique, and explored the coasts of present-day Honduras, Nicaragua, Costa Rica, and Panama.
(lower part of http://memory.loc.gov/ammem/today/aug03.html )
    1492-The first letter containing a description of America was probably written by the explorer Christopher Columbus. He dispatched two letters of identical content, one to Raphael Sanchez and the other to Luis De Santangel. The first use of the word “America” came from German mapmaker Martin H. Waldessmuller, who named the new land in a map in the honor of Italian explorer Amerigo Verspucci of his discoveries in South America. Other map makers took copies his maps
and names, including “America.”
    1610 --Henry Hudson of England discovers a great bay on the east coast of Canada and names it for himself.
    1804 - US Commodore Edward Prebble's squadron bombarded Tripoli inflicting heavy damages on the city though this engagement would be indecisive. In the late summer of 1804 President Thomas Jefferson sent Commodore Edward Preble and Captain Stephen Decatur with the Constitution, three brigs, three schooners, two bombs and six gunboats, manned by only 1,060 men to attack Tripoli. That Moorish city, at that time, was well walled, protected by judiciously constructed batteries mounting 115 pieces of heavy cannon, and defended by 25,000 Arabs and Turks. Besides, the harbor was encircled by 19 Moorish gunboats, two gallies, two schooners of eight guns each and a brig carrying 10 guns, forming a strong line of defense at secured moorings and extending more than two miles in length. Although energetically executed, Preble's attacks highlighted the difficulty of winning with bombardment. First, he had no intelligence on how the defenders were holding up under the attacks. More fundamentally, lacking any ground force to put ashore and compel capitulation, Preble had to hope that the enemy would decide to give in rather than endure. (My son Dash is a plank holder of the USS Prebble, named after the Commodore.) 
    1882 -- Congress passes the Immigration Act, banning Chinese immigration for ten years.
    1900- Ernie Pyle was born at Dana, MN, and began his career in journalism in 1923. After serving as managing editor of the Washington Daily News, he returned to his first journalistic love of working as a roving reporter in 1935. His column was syndicated by nearly 200 newspapers and often focused on figures behind the news. His reports of the bombing of London in 1940 and subsequent reports from Africa, Sicily, Italy and France earned him a Pulitzer Prize in 1944. He was killed by machine-gun fire at the Pacific island of le Shima, Apr 18, 1945.
    1900- Central figure in a cause célèbre (the “Scopes Trial” or the “Monkey Trial”), John Thomas Scopes was born today at Paducah, KY. An obscure 24-year-old schoolteacher at the Dayton, TN, high school in 1925, he became the focus of world attention. Scopes never uttered a word at his trial, which was a contest between two of America’s best-known lawyers, William Jennings Bryan and Clarence Darrow. The trial, July 10—21,1925, resulted in Scopes’s conviction. He was fined $100 “for teaching evolution” in Tennessee. The verdict was upset on a technicality and the statute he was accused of breaching was repealed in 1967. Scopes died at Shreveport, LA, Oct 21, 1970.
    1904—Use of “American” as an adjective instead of “United States” was officially recommended by John Hay, secretary of state, who instructed American diplomatic and consular officers to adopt it.
    1911--Danish woodcarver Charles Looff delivered the classic carousel to the Santa Cruz Beach Boardwalk, California.. A furniture-maker by trade, Looff began carving carousel animals as a hobby after immigrating to America. His first carousel was installed at Coney Island in New York in 1875. The Boardwalk carousel features jeweled horses and a 342-pipe Ruth band organ built in 1894. The carousel and the park’s Giant Dipper roller coaster were designated National Historic Landmarks by the US National Par
    1923 - Calvin Coolidge was sworn in as the 30th president of the United States, following the death of Warren G. Harding. It took several hours for the news of President Warren G. Harding's death in California to reach the small town of Plymouth, Vermont, where he was enjoying a short vacation, but by 2 a.m., Coolidge was told that Harding was dead. Traditionally, the president is sworn in by the chief justice of the Supreme Court--but he slept 500 miles away. At 2:30 a.m. on August 3, 1923, Coolidge's father, a notary public, administered the oath of office to his son by the light of a kerosene lamp.
http://memory.loc.gov/ammem/today/aug03.html
    1926 --Tony Bennett Birthday, born Anthony Tony Benedetto, New York, NY.
http://www.jazzdiscography.com/Artists/Bennett/
http://www.tony-bennett.com/newsFr.html
http://www.tonybennettart.com/index2.html
   1944---WITEK, FRANK PETER Medal of Honor
Rank and organization: Private First Class, U.S. Marine Corps Reserve. Born: December 1921, Derby, Conn. Accredited to: Illinois. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty while serving with the 1st Battalion, 9th Marines, 3d Marine Division, during the Battle of Finegayen at Guam, Marianas, on 3 August 1944. When his rifle platoon was halted by heavy surprise fire from well-camouflaged enemy positions, Pfc. Witek daringly remained standing to fire a full magazine from his automatic at point-blank range into a depression housing Japanese troops, killing 8 of the enemy and enabling the greater part of his platoon to take cover. During his platoon's withdrawal for consolidation of lines, he remained to safeguard a severely wounded comrade, courageously returning the enemy's fire until the arrival of stretcher bearers, and then covering the evacuation by sustained fire as he moved backward toward his own lines. With his platoon again pinned down by a hostile machinegun, Pfc. Witek, on his own initiative, moved forward boldly to the reinforcing tanks and infantry, alternately throwing hand grenades and firing as he advanced to within 5 to 10 yards of the enemy position, and destroying the hostile machinegun emplacement and an additional 8 Japanese before he himself was struck down by an enemy rifleman. His valiant and inspiring action effectively reduced the enemy's firepower, thereby enabling his platoon to attain its objective, and reflects the highest credit upon Pfc. Witek and the U.S. Naval Service. He gallantly gave his life for his country
   1945 - An American communiqué announces that US B-29 Superfortress bombers dropping mines over Japan have now sealed off all of the main ports, leaving the country totally blockaded. In a report by the US 20th Air Force, it is noted that every harbor of consequence in Japan and all those in Korea have been mined and it is estimated that hundreds of thousands of tons of shipping have been sunk or damaged since the mining program began in March. 
    1946---Top Hits
The Gypsy - The Ink Spots
Doin’ What Comes Naturally - Dinah Shore
They Say It’s Wonderful - Frank Sinatra
New Spanish Two Step - Bob Wills
    1948 --Negro League legend Satchel Paige makes his major league debut hurling seven innings to lead the Indians over the Senators, 5-3.
    1950 - Eight Corsairs of VMF-214, the famed "Black Sheep" squadron of World War II, led by squadron executive officer, Major Robert P. Keller, launched from the USS SICILY and executed the first Marine aviation mission in the Korean War in a raid against enemy installations near Inchon. After the F4Us delivered their incendiary bombs and rockets on their targets, the Marines concluded their greeting to the Communist troops with a series of strafing runs 
    1954 - For that time, a record divorce settlement was awarded to Mrs. Barbara (Bobo) Rockefeller when her ex, Winthrop Rockefeller, was ordered to pay $5,500,000 to his ex-wife. 
    1954---Top Hits
Sh-Boom - The Crewcuts
The Little Shoemaker - The Gaylords
Hey There - Rosemary Clooney
One by One - Kitty Wells & Red Foley
    1958 - The submarine USS Nautilus began the first crossing of the Arctic Ocean under ice cap. With a crew of 116 men, the Nautilus was commanded by William R. Anderson. The Nautilus was the world's first nuclear powered submarine. 
    1959-"A Big Hunk of Love" becomes Elvis Presley's fourteenth straight Gold record. 
    1959--- Folk group The Kingston Trio is featured on the cover of Life magazine. 
    1962---Top Hits
Roses are Red - Bobby Vinton
The Wah Watusi - The Orlons
Sealed with a Kiss - Brian Hyland
Wolverton Mountain - Claude King
    1963 - The college football all-stars beat the Green Bay Packers 20-17. It was a huge upset as the college team had been underdogs with odds of 50-1. 
    1963---The Beatles appeared at The Cavern Club in Liverpool for the very last time. They had performed 274 concerts at the dingy, basement club since their debut there 2½ years earlier. Their first gig paid them £5 ($14) and their last brought in £300 ($840). 
    1963 - Capitol Records released The Beach Boys’ song, "Surfer Girl". It became one of their biggest hits, making it to number seven on the hit music charts on September 14, 1963. 
    1963 - Warner Brothers Records released comedian Allan Sherman’s summer camp parody, "Hello Mudduh, Hello Fadduh! (A Letter from Camp)". The song would go to number two on the pop charts on August 14, 1963
    1963-- The Tymes' "So Much In Love" hits #1
    1965 - No. 1 Billboard Pop Hit: ``I'm Henry VIII, I Am,'' Herman's Hermits. The song was written in 1911 by Fred Murray and R.P. Weston and was popularized at the time by Cockney comedian Harry Champion. 
    1965 - CBS-TV news shows pictures of men from the First Battalion, Ninth Marines setting fire to huts in the village of Cam Na, six miles west of Da Nang, despite reports that the Viet Cong had already fled the area. The film report sparked indignation and condemnation of the U.S. policy in Vietnam both at home and overseas. At the same time, the Department of Defense announced that it was increasing the monthly draft call from 17,000 in August to 27,400 in September and 36,000 in October. It also announced that the Navy would require 4,600 draftees, the first such action since 1956.
   1966 -Lenny Bruce, 40, dies of a morphine overdose in his Hollywood, California bathroom. A tragic end to a mercurial comic/satiric genius. His death affected many in the Underground. The Bruce was an important influence on the Diggers with his searing commentaries that exposed social hypocrisy. Bruce had performed recently at the Fillmore. Lenny (1974) DVD Film with Dustin Hoffman, The Lenny Bruce performance film DVD, How to Talk Dirty and Influence People by Lenny Bruce
    1968—Birthday of Rodney Roy “Rod” Beck, baseball player, born Burbank, Ca.
    1967 -- President Lyndon B. Johnson announces plans to send 45,000 more troops to Vietnam.
    1968 - "Hello, I Love You," recorded by The Doors, jumped into the top spot on Billboard's hit record charts, and stayed there for 2 weeks.
    1969-Everly Brothers headlined Fillmore West show, SF. Hear this performance free courtesy of Wolfgang's Vault. Once registered for free @ Wolfgang's Vault you are welcome to listen to the many rare, never-before-heard recordings of live concerts featuring Janis Joplin, Jimi Hendrix, Led Zeppelin, Quicksilver Messenger and much more.
http://www.wolfgangsvault.com/everly-brothers/concerts/fillmore-west-august-03-1969.html
    1970 - Hurricane Celia struck the coast of Texas producing wind gusts to 161 mph at Corpus Christi, and estimated wind gusts of 180 mph at Arkansas Pass. The hurricane was the most destructive of record along the Texas coast causing 454 million dollars damage, and also claimed eleven lives
    1970---Top Hits 
(They Long to Be) Close to You - Carpenters
Make It with You - Bread
Signed, Sealed, Delivered I’m Yours - Stevie Wonder
Wonder Could I Live There Anymore - Charley Pride
    1971 - Paul McCartney announces the formation of Wings, his first band since the breakup of the Beatles. It features ex-Moody Blues singer Denny Laine and Paul's wife Linda.
    1971-Ringo Starr receives a gold record for "It Don't Come Easy." He wrote the tune himself.
    1974-- Bad Company's Bad Company LP hits #1
    1975 - No. 1 Billboard Pop Hit: ``Jive Talkin','' The Bee Gees.
    1978---Top Hits
Shadow Dancing - Andy Gibb
Baker Street - Gerry Rafferty
Miss You - The Rolling Stones
Only One Love in My Life - Ronnie Milsap
    1979 - "Tonight Show" host Johnny Carson, appeared on the cover of the Burbank, California telephone directory. 
    1979-The Knack hit the top of both the album and singles charts, with their LP, "Get The Knack" and the single, "My Sharona."
    1979 - Jai-alai player Jose Ramon Areitio threw the fastest ball ever recorded at a speed of 188 mph (301 kph). Jai-alai is a sport that originated in the Basque region of Spain and France, and it consists of throwing a ball with a long, curved basket against a wall. 
    1979-The Knack hit the top of both the album and singles charts, with their LP, "Get The Knack" and the single, "My Sharona.
    1981 - United States air traffic controllers went on strike, despite a warning from President Ronald Reagan that they would be fired.
    1984 - At the 1984 Olympics held in Los Angeles, American Mary Lou Retton won gold in all-around gymnastics. 
    1985 - Mail service was reinstated to Paradise Lake, Florida, a nudist colony, after residents promised they would wear clothes or at least stay out of sight when the mailperson came to deliver. 
    1985-Bruce Springsteen's "Glory Days" peaks at #5 on the chart, while Sting's "If You Love Somebody Set Them Free" peaks at #3
    1986---Top Hits
Glory of Love - Peter Cetera
Papa Don’t Preach - Madonna
Mad About You - Belinda Carlisle
Nobody in His Right Mind Would’ve Left Her - George Strait
    1987 - Joe Niekro got a 10 day suspension for throwing scuffed baseballs. At first he denied the charge made by the home plate umpire, but changed his tune when an emery board fell out of his pocket during an inspection. 
    1987 - The Iran-Contra congressional hearings ended, with none of the 29 witnesses tying President Ronald Reagan directly to the diversion of arms-sales profits to Nicaraguan rebels.
    1987-Def Leppard releases their "Hysteria" LP.
    1988-Steve Winwood's "Roll With It" hits #1 on the chart. Billboard ranks this the top song of the year.
    1989 - Thunderstorms representing what remained of Hurricane Chantal drenched Wichita, KS, with 2.20 inches of rain in four hours during the early morning. Thunderstorms developing in Minnesota produced wind gusts to 85 mph at Baudette during the afternoon, and softball size hail at Lake Kabetogama, during the evening. Jamestown, ND, reported a record hot afternoon high of 103 degrees
    1993-- Boston Ventures, the group to whom Berry Gordy had sold Motown in 1988 for $61 million, sells the label and its holdings to Dutch conglomerate Polygram for $325 million.
    2002 --In just the first four innings, Edgar Martinez ties a the major league record for sacrifice flies in a game with three. The Mariners' designated hitter becomes the 11th player in history to accomplish the feat doing it in his first three at-bats in Seattle's 12-4 victory over the Indians.
    2006--- The 715th home run ball hit by Barry Barry Bonds to pass Babe Ruth for second place on the all-time career list fetches $220,100 during an 10-day EBay auction. The money, which will go to Andrew Morbitzer, the fan who caught the ball, is much less than the $800,000 dished out in 2004 for the ball the Giants left fielder's hit for his 700th career homer.

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