Position Wanted – Collections
Prefers Long Island, NY - but Open

Each Week Leasing News is pleased, as a service to its readership, to offer completely free ads placed by candidates for jobs in the industry.  Each ad is limited to (100) words and ads repeat for up to 6 months unless the candidate tells us to stop. Your submissions should be received here by the end of each week.

Senior level Credit, Collections and Risk Management professional with demonstrated competencies in portfolio management, credit analysis/underwriting, collections and risk management. Equally comfortable with leases and loans, detail-oriented with proven abilities to transform teams into high performance units through coaching, training and motivational techniques. My preference is to work on Long Island, NY, but everything is negotiable. jbsullivan46@gmail.com         Resume

 

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Leasing News Top Stories
August 19 - August 23

(Stories most opened by readers)

(1) Will Your Company be the Next Victim?
       A Disturbing New Trend in Fraud
   By Bernie Boettigheimer, CLFP
http://leasingnews.org/archives/Aug2019/08_23.htm#will

(2) Lease Police Changes Web Address
        http://www.leasepoliceplus.com/
http://leasingnews.org/archives/Aug2019/08_21.htm#police

(3) Money Anxiety Warning
    By Dr. Dan Geller
http://leasingnews.org/archives/Aug2019/08_21.htm#money

(4) New Hires/Promotions in the Leasing Business
            and Related Industries
http://leasingnews.org/archives/Aug2019/08_23.htm#hires

(5) Surprising - Maybe Even Shocking
      - Findings on Decision-Making
     That All Credit Execs Need to Understand
http://leasingnews.org/archives/Aug2019/08_21.htm#surprising

(6) John Torbenson
    The Reason for His Company’s Longevity
http://leasingnews.org/archives/Aug2019/08_19.htm#toberson

(7) U.S. Business Borrowing for Equipment
   Was Up 15% in July from Year Earlier, According to ELFA
http://leasingnews.org/archives/Aug2019/08_23.htm#us

(8) A ‘recession dashboard’ from Credit Suisse indicates
   the economy is nowhere near a recession
https://www.cnbc.com/2019/08/20/a-recession-dashboard-from-credit-suisse-indicates-the-economy-is-nowhere-near-a-recession.html

(9) Equipment Leasing Associations
     Related Finance Associations
http://leasingnews.org/archives/Aug2019/08_19.htm#assoc

(10) Effective Prospecting
    Sales Makes it Happen by Scott Wheeler, CLFP
http://leasingnews.org/archives/Aug2019/08_21.htm#effective

Ralph Mango Editor/writer of diverse business content: business plans, policy/process, and training. GM delivers results above plan. Associate Editor Leasing News, responsible for proofreading and editing each news edition, as well as contributing content. Available for Projects ralphmango@hotmail.com

 

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Career Crossroad
Thinking about Leaving

By Emily Fitzpatrick/RII

Question:
I am contemplating exploring new job opportunities but my employer has treated me well and I do enjoy working with my colleagues, however, I do think it is time to move on. What are your thoughts?

Answer:
Making the decision to potentially leave your current employer is never an easy task. Take stock of your goals and objectives in seeking new employment. Making a move should NEVER JUST be about money (if you are successful, eventually the money will come) * …

Are you being appreciated, recognized and heard? If you are looking to move up the Career Ladder, is there a clear cut path for advancement? You must determine if your “needs” / goals are being met AND if not, voice your concerns.

If your employer does not address these issues or is not able to meet your objectives, it may be a good idea to consider exploring other career opportunities.

*If your employer is late on commission payouts OR any type of compensation - RUN.

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

Help Wanted

 

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2019 End of July Leasing/Finance Association Membership
By Christopher Menkin

2019  End of July Association Number

 

2019 End of July Numbers through 2000

This shows the changes in associations, two of which have recently changed their name and two who also changed their name in the past.  All now have "finance" in their name and the transactions now include not only capital leases primarily but also business loans,
equipment finance agreements, factoring, and several offer merchant cash advance.  Operating leases are primarily in the realm of banks or specialty underwriting entities, although captive lessors exists,
primarily from distributors and manufactures.

Membership Records Showing Changes in Associations

The Equipment Leasing and Finance Association has the largest professional  staff, the most conferences, workshops, programs, Washington lobbying, and it works with state governments that control most of the leasing and lending requirements, including licensing and usury laws.

In addition, the member companies often sponsor their key employees’ attendances at conferences, workshops, meetings, and education seminars. The various committees are very active while the boards of directors takes keen interests in their participation at all events, including many meetings and activities.

The numbers have mostly changed due to the changing of the industry, meaning more mergers, more bank ownership and consolidation, as well as major changes among others as with GE and CIT.

Ralph Petta was named President and CEO of ELFA January, 2016. In 2010, he was promoted to Chief Operation Officer for six years.  He joined the original association in April, 1987, as Vice President-Research and Information Services. Mr. Petta was named Leasing Person of the Year 2009 by Leasing News.

He is a member of the American Society of Association Executives (ASAE), as well as ASAE's Key Industry Association Committee (KIAC).  He completed the ASAE/University of Maryland College of Business and Management executive development certificate program in association management. He also was selected for and participated in the ASAE Future Leaders Conference.

Ms. Amy Vogt became Vice President, Communications and Marketing, 2010. She is outstanding in her position, very reliable and helpful to Leasing News as well as many others in the media and those seeking ELFA information.

The ELFA is the second oldest association.  The Commercial Finance Association is the oldest, started in 1944 and has recently changed its name to Secured Finance Network.

History of Name Change
AAEL to move to Virginia
AAEL to become ELA”
ELA to become “ELFa”
Later changed to ELFA
http://leasingnews.org/Pages/elfa_history.html

Membership Information
https://www.elfaonline.org/membership/membership-home

The National Association of Equipment Leasing Brokers changed their name last year to the American Association of Commercial Finance Brokers. They also hired their former management firm with Monica Harper back as Executive Director. The association is in a rebuild mode, becoming active again, as the increase in membership will indicate.

Their goal: “AACFB is a one-stop broker resource, providing our members with business tools, funding sources and a network of powerful resources. We provide a strong foundation for owning and operating a successful commercial financing business."

 

Note the recent change in broker membership, and as important, number of funders. Interesting, the change in the National Equipment Finance Association shows an opposite result with a growth more in broker members.

Membership Information
https://aacfb.org/home

Formed by a group of lessors in 1974, the Western Association of Equipment Leasing became the United Association of Equipment Leasing which merged in 2010 with the Eastern Association of Equipment Lessors, later changing its name to the National Equipment Finance Association.

Mike Toglia was hired as Executive Director and CEO.

He is the Publisher and Founder of www.equipmentfa.com. He has been an active member of NEFA and its predecessor associations for many years and is currently the Editor-in-Chief of NEFA Newsline Magazine.

Conference attendance is up. Both funders and brokers have given rave reviews. There are many networking social events throughout the United States, and to say the least, publicity has been excellent on activities.

Membership Information:
https://www.nefassociation.org/page/MembershipMainPg

The 30 Year History of UAEL
---Part I
http://leasingnews.org/archives/October%202004/10-18-04.htm#uael
---Part II
http://leasingnews.org/archives/October%202004/10-20-04.htm#uael
---Part III
http://leasingnews.org/archives/October%202004/10-21-04.htm#uael
---Part IV
http://leasingnews.org/archives/October%202004/10-22-04.htm#uael

 

The Association for Professionals in the Asset Based Lending and Factoring Business Commercial Finance Association Name to Change in 2019 as Secured Finance Network

Established in 1944, the Commercial Finance Association (CFA) located in New York City has "... 260 member companies and a 20,000-person active community including 22 chapters located throughout the United States, Canada and Europe....Membership is at the company level (all employees of member companies are eligible for association benefits). Proprietorships, partnerships, limited liability companies, corporations and other business entities engaged in secured commercial lending, factoring, accounts receivable discounting or other forms of secured commercial finance as well as service providers are eligible for membership."
   As stated in January membership article.
 
 Membership

2019: No Response
2018: 260
2017: 233
2016: 228
2015: 246
2014: 280

According to David Grende, CFA’s president, and CEO & President of Siena Lending Group, “Over the past six months, the CFA has taken a very thoughtful approach to the rebranding initiative. The organization has retained a top branding firm, conducted research, surveyed our membership, and held focus groups to inform our direction. ‘Secured Finance Network’ is descriptive and memorable, builds on our legacy and is highly relevant to our members and target constituents. I’m very excited about the new brand.”

https://community.cfa.com/membership/about-membership

 

Association for Governmental Leasing & Finance

2018
35 Basic Company Members with 85 total people                                
8 Leader Company Members with 181 total people

2019
44 Basic Company Members with 150 total people
8 Leader Company Members with 217 total people

Haley Brust
Executive Director
hbrust@talley.com

Adrianna Bender
AGLF Membership
abender@talley.com

AGLF was founded in 1981 to serve municipal leasing industry. Publishes Bi-monthly newsletter; sponsors 2 annual conferences; 50-state leasing survey; federal leasing survey; and conducts numerous industry projects. Two types of membership: regular member - private sector organizations active in leasing/finance; governmental member - any state, territory, US possession, District of Columbia, or political subdivision of above.

"Non-members are very welcome at our conferences. For registration materials, they can call 856.423.3259"

Canadian Finance & Leasing Association

207 corporate members composed of active asset-based financing and leasing companies + suppliers to the industry (law firms, accounting firms, software developers/manufacturers, etc.).

A must association to join if you are doing business in Canada.

Contact Information: www.cfla-acfl.ca/contact-us/ Leasing Association

 

Certified Leasing and Finance Professionals (individuals), not an association but a foundation.

Membership:

July, 2019
   762
2019: 644
2018: 521
2017: 399
2016: 289
2015: 213
2014: 199
2013: 173
2012: 168
2011: 174
2010: 159
2009: 182
2008: 179
2007: 204

Reid Raykovich, CLFP, was appointed Executive Director in 2012. The foundation started originally by NEFA, then supported by AACLB, under her leadership obtained the ELFA support.  In 2016, she was named Leasing Person of the Year for her involvement in the growth of the industry.

Count by Company individual memberships not available at press time.

http://www.clfpfoundation.org/HowToBecomeACFLP

 

 

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Americans have become well-used to ordering products online and that has had serious repercussions for traditional bricks-and-mortar retailers, whether it's the local bookshop or the mall that is shuttering increasing numbers of businesses. One physical sector is proving relatively immune to the online shopping juggernaut, however, and that's the grocery trade.

Countless supermarkets and several e-commerce giants have rolled out online grocery delivery services but a new survey has found that Americans still prefer shopping for food the traditional way. It was conducted by Gallup who found that 46 percent of the U.S. public shop for groceries in person at least once a week while 37 percent do so more than once per week. The public has very little appetite for online grocery pickup and delivery services though with 88 percent of those polled saying they have never availed of them.

Niall McCarthy, Statista

https://www.statista.com/chart/19101/views-on-physical-and-online-grocery-shopping/

 

German Shepherd Mix
Plano, Texas  Adopt a Dog

Bean A164106
Male
Puppy - Five Months Old
Vaccinations Up-to-Date
Good in a Home with
Other Dogs

Meet Bean A164106
Bean is a wonderful puppy who is very playful and fun! He is good with others and very smart. Bean is about 5 months of age and will need a home with a family who understands that puppies take a lot of work and time, training and patience. He is a transfer from another shelter.

Adopted animals are not able to go to their new home until spay and neuter surgery has been done. When inquiring about an animal, please be sure to use the animal identification number that starts with A.

Plano Animal Shelter
4028 West Plano Parkway
Plano, Texas 75053
debbien@plano.gov
972-769 4360

Send a Message:
https://www.petfinder.com/dog/bean-a164106-45726789/tx/plano/plano-animal-shelter-tx01/#petInquiry

Hours:
Monday      9-6
Tuesday     9-6
Wednesday 9-6
Thursday    9-6
Friday        9-6
Saturday    10-4
Sunday      10-4

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NEFA October Conference Special Offer
October 2, 2019 to October, 4, 2019 Funding Symposium

JW Marriott Atlanta Buckhead
3300 Lenox Rd NE
Atlanta, Georgia  30326
United States

Exclusive Offer for NEFA Broker/Lessor
First-time Attendees - ONLY $299!

If you're an equipment finance broker or lessor, and you're ready to take your business to the next level there’s never been a better way to invest in your future! Experience the benefits of NEFA membership by attending the NEFA Funding Symposium October 2-4, 2019 in Atlanta, GA.

This SPECIAL OFFER is only available to:

    Broker/Lessor members (anyone who brokers transactions; owns or manages a portfolio of transactions).
    Broker/Lessor members who have never attended a NEFA Conference (Finance Summit or Funding Symposium).
    Brokers/Lessors who are looking to become members of NEFA (have never paid association membership dues).

This Incredible Offer Expires August 31st!

To take advantage of this offer, please contact:
Kim King at (847) 380-5053 or
Patty McDevitt at (847) 380-5052

Speakers:
https://eventmobi.com/19symposium/people/1a1da5dd-172e-4e29-8719-88262d765dd5
Exhibitors:
https://eventmobi.com/19symposium/companies/468c27f3-97a9-416d-9b60-b78f58405a29

2019 Funding Symposium Pricing Template
https://www.nefassociation.org/page/19SymPricingTemp

 

News Briefs----

VW Recalling Nearly 700,000 Vehicles over Rollaway Risk
drivers can accidentally remove the key from the ignition not in park
https://www.carscoops.com/2019/08/vw-recalling-nearly-700000-vehicles-over-rollaway-risk/

Disney and Target announce 25 Disney shops coming
   to Target stores in October, new website
https://www.usatoday.com/story/money/2019/08/25/target-and-disney-target-location-near-you-may-get-disney-store/2099498001/

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You May Have Missed---

Hiring Is Very Hard for Restaurants These Days.
   Now They May Have to Fire.
https://www.nytimes.com/2019/08/23/business/restaurants-undocumented-immigrants.html

 

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 Three Strikes, Yer Out

..... written by Greg Salts, Chula Vista, Calif.

The first pitch was heat that looked more like meat.
You swung awful fast but it fouled off my mask.
You looked far too long at the base coach's face.
Your task here is simple, just get to first base.

You step in the box and shuffle your feet.
"O-2 on the batter," I said,
and was glad I glanced at him then and he really looked mad.

The catcher laid down number three as a sign
A change-up it was and it looked mighty fine.

I can't figure out why you stood there and looked.
But now there's a backward K in the book.

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Sports Briefs---

Garoppolo sharp vs. K.C.: 'Step in right direction'
https://www.espn.com/nfl/story/_/id/27456713/garoppolo-sharp-vs-kc-step-right-direction

Luck retires, calls decision 'hardest of my life'
https://www.espn.com/nfl/story/_/id/27456682/luck-retires-calls-decision-hardest-my-life

Sources: Colts won't recoup money from Luck
https://www.espn.com/nfl/story/_/id/27460243/sources-colts-recoup-money-luck

2019 Tour Championship leaderboard, scores: Rory McIlroy
  wins FedEx Cup for second time in four years
https://www.cbssports.com/golf/news/2019-tour-championship-leaderboard-scores-rory-mcilroy-wins-fedex-cup-for-second-time-in-four-years/

Report: Antonio Brown loses second helmet grievance

http://www.theredzone.org/Blog-Description/EntryId/77841/Report--Antonio-Brown-loses-second-helmet-grievance

[headlines]
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California Nuts Briefs---

California rare earths miner races to refine amid U.S.-China trade row
https://www.reuters.com/article/us-usa-rareearths-mpmaterials/california-rare-earths-miner-races-to-refine-amid-us-china-trade-row-idUSKCN1VD2D3

Google’s San Jose megaplan: Up to 25,000 new jobs, 5,000 homes
https://www.sfchronicle.com/business/article/Google-s-San-Jose-megaplan-Up-to-25-000-new-14374038.php

Northern California's quirkiest beach towns
https://www.sfgate.com/travel/article/Northern-California-quirkiest-beach-towns-14337855.php

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“Gimme that Wine”

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

Napa County Farm Bureau lights up campaign
    against cannabis ballot measure
https://www.northbaybusinessjournal.com/industrynews/cannabis/9945034-181/napa-farm-bureau-cannabis-opposition

California wine takes a China tariff hit
https://www.northbaybusinessjournal.com/home/9943863-181/california-wine-takes-a-china

Free Wine App
https://www.nataliemaclean.com/mobileapp/

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

This Day in History

     1791 - John Fitch was granted a patent for a steamboat after a dispute on the invention, but it wasn't until 1814 that Fulton and Livingston started steam boating when they began to offer regular steamboat service between New Orleans and Natchez, Mississippi. The boats traveled at the rates of eight miles per hour downstream and three miles per hour upstream. It revolutionized commerce in the area, eventually spreading up the entire Mississippi and other tributaries. 
http://memory.loc.gov/ammem/today/aug26.html 
    1839 - The slave ship Amistad was captured off Long Island. The U.S.S. Washington, a U.S. Navy brig, seized the Amistad York and escorted it to New London, Connecticut.
    1847 - Liberia was proclaimed an independent republic. Freed American slaves founded Liberia. They modeled their constitution after that of the US, copied the US flag, and named their capital Monrovia, after James Monroe, who financed early settlers. Over the decades, 16,400 former slaves made the voyage. They assumed that the 16 native tribes were there to be exploited.
    1862 - The stage is set for the Second Battle of Bull Run when Confederate cavalry under General Fitzhugh Lee enter Manassas Junction and capture the rail center. It was the culmination of an offensive campaign waged by Confederate Gen. Lee’s Army of Northern Virginia against Union Gen. Pope’s Army of Virginia of a much larger scale and numbers than the First Bull Run fought on July 21, 1861 on the same ground. Confederate Gen. Stonewall Jackson captured the Union supply depot at Manassas Jct, threatening Pope's line of communications with Washington, DC. Withdrawing a few miles to the northwest, Jackson took up defensive positions on Stony Ridge. On August 28, 1862, Jackson attacked a Union column just east of Gainesville, resulting in a stalemate. On that same day, the wing of Lee's army commanded by Maj. Gen. Longstreet broke through light Union resistance and approached the battlefield. Pope became convinced that he had trapped Jackson and concentrated the bulk of his army against him. On August 29, Pope launched a series of assaults against Jackson's position. The attacks were repulsed with heavy casualties on both sides. At noon, Longstreet arrived and took position on Jackson's right flank. On August 30, Pope renewed his attacks, seemingly unaware that Longstreet was on the field. When massed Confederate artillery devastated a Union assault by Maj. Gen. Fitz John Porter’s V Corps, Longstreet's wing of 25,000 men in five divisions counterattacked in the largest simultaneous mass assault of the war. The Union left flank was crushed and the army was driven back to Bull Run. Only an effective Union rear guard action prevented a replay of the First Bull Run defeat.  The result was a major victory for the Confederacy.
    1865 - Civil War ends with naval strength over 58,500 men and 600 ships.
    1867 - The National Teachers Association was organized at a national convention attended by representatives of state teachers' associations, who met in the Hall of the Controllers of the Public Schools in Philadelphia, PA. The organization was intended “to elevate the character and advance the interest of the profession of teaching and to promote the cause of popular education in the United States.”  John L. Enos was chairman. At the conventional held in Cleveland, OH on August 15, 1870, the name was changed to the National Education Association. 
    1873 - The birthday of Lee DeForest (1873-1961) at Council Bluffs, IA.  A brilliant inventor whose inventions include the electron tube, radio knife for surgery and the photoelectric cell, he was also a pioneer in the creation of talking pictures and television. Lee was holder of hundreds of patents but perhaps is best remembered by the moniker he gave himself in the title of his autobiography, “Father of Radio,” published in 1950. So unbelievable was the idea of wireless radio broadcasting that De Forest was accused of fraud and arrested for selling stock to underwrite his invention that would become an essential part of daily life.
    1873 - The first public school kindergarten class was started by the Board of Education of St. Louis, MO, and officially opened September, 1873 in the Des Peres School, with an enrollment of 42. Susan Elizabeth Blow was the teacher. Dr. William Torrey Harris was the superintendent of schools. The concept first started in Germany, thus the name of this organized and public “pre-school” class. 
    1874 - Birthday of Zona Gale (1874-1938) in Portage, WI.  She was the first woman to have a play on Broadway and the first woman to win the Pulitzer (1921) for drama. An ardent feminist and activist, her writing style evolved throughout her life and her later works appear to be the works of a different writer.
    1883 - The biggest explosion in history, the eruption of the Indonesian volcanic island, Karakatoa (Krakatau), was heard 3,000 miles away, created tidal waves 120 feet high, killed 36,000 people, hurled five cubic miles of earth fragments into the air (some to a height of 50 miles) and effected the oceans and the atmosphere for years. 
    1896 - Besse Berry Cooper (1896-2012) was born in Sullivan County, TN. She was an American supercentenarian who was the world’s oldest living person from June 21, 2011, until her death. She was, at the time of her death, the 8th oldest verified person ever and one of only eight people verified to have lived to the age of 116. 
    1901 - The New Testament of the ASV (American Standard Version) Bible was first published. This U.S. edition of the 1881 English Revised Version (ERV) comprised the first major American Bible translation since the King James Version of 1611. 
    1901 – A major figure of the Viet Nam era, Gen. Maxwell Taylor (1901-87) was born in Keytesville, MO.
    1903 - Singer Jimmy Rushing’s (1901-72) birthday, Oklahoma City. 
http://www.harlem.org/people/rushing.html 
http://www.blueflamecafe.com/index.html 
http://www.bigbandmusic.com/malevocals/letterr/rushingjimmy.htm
    1904 - Birthday of Christopher Isherwood (1904-86) at High Lane Cheshire, England.  He lived in the Pacific Palisades when I was growing up and we ran into him often in coffee shops with his close male companion. Isherwood was an author of short stories, plays and novels.  The play and motion picture “I am a Camera” and the musical “Cabaret” were based on the short story, “Sally Bowles” in his collection from the 1930's titled “Goodbye to Berlin,” which contained the line, “I am a camera with its shutter open, quite passive, recording not thinking.”
    1906 - Birthday of American medical researcher Albert Bruce Sabin (1906-71), at Bialystok, Poland. He is most noted for his oral vaccine for polio, which replaced Jonas Salk's injected vaccine because Sabin's provided lifetime protection. He was awarded the US National a Medal of Science in 1971. 
    1909 – The Cuban Giants, of Trenton, NJ, were the first all-black professional baseball team and they played in the Middle States League.  2B William Bradford was killed by a bolt of lightning while playing a game, as the electricity carried through his spikes, ending his life at age 23. 
    1909 – “Jock Ewing,” actor Jim Davis (1909-81) was born in Edgerton, MO.  Davis had the role as the head of the Ewing family in the CBS series “Dallas” (1978-91).  Before that, his film and TV resume includes dozens of mostly supporting roles.
    1912 – Walter Johnson’s 16-game winning streak ends under American League rules of the time. Against the St. Louis Browns, he relieved with one out and two on in the 7th inning of a tie game. The two runners scored on a single and the Nationals lost, 4-3. The two runs are charged to Johnson, not Hughes, giving him the defeat. Under the National League’s rules, and those of today, Johnson would not be charged with the loss. After the season, AL president Ban Johnson changed the rule to conform with the senior circuit but the damage was done and the streak ended. 
    1920 - The 19th Amendment was certified and became part of the US Constitution. Known as the Woman's Equality Act, it prohibits discrimination on the basis of sex with regard to voting. It was a long time coming, actually submitted in 1868 to Congress and at intervals thereafter without much success. It actually passed the Congress on May 21, 1919, and by the Senate on June 4. It was ratified by Illinois, Wisconsin, and Michigan on June 10. Tennessee was the 36th state to ratify, on August 18, thus completing the necessary three-quarters of the states to put the amendment into effect. Not all the states ratified this amendment, by the way, while there were states that allowed women to vote in state and local elections, but not national elections. 
    1921 – Ben Bradlee (1921-2014), former Executive Editor of The Washington Post during Watergate, was born in Boston.  He became a national figure during the presidency of Richard Nixon when he challenged the federal government over the right to publish the Pentagon Papers and oversaw the publication of Woodward’s and Bernstein’s stories documenting the scandal that eventually forced Nixon’s resignation.
    1924 - Birthday of singer Frances Wayne (1924-78) was born Clara Bertocci at Boston, MA.
    1934 – Tom Heinson was born in Jersey City, NJ.  He has been associated with the Boston Celtics for six decades as a player, coach and broadcaster. He played for the Celtics from 1956 to 1965, winning 8 NBA titles, and coached the team from 1969 to 1978, winning two NBA titles.  He is one of only four NBA Hall of Famers to be so honored as both a player and coach.
     1937 - Pumping of bay sand to build Treasure Island in San Francisco Bay is finished. The original intention was to become the city’s airport, but holding the city's third World’s Fair took precedence. During World War II, the Navy seized the island and built a Naval Air Station that operated through 1997.
http://www.dictyon.com/treasure/#anchor1256920 
    1927 - Birthday Annie Turner Wittenmeyer (1827-1900) in Adams County, OH, who spent at least $130,000 of her own money and personally carried food and supplies to the front and to wounded soldiers in hospitals during the Civil War. She developed special diet kitchens for army hospitals because the food was so bad.
    1939 - The first Major League baseball game to be shown on television was a double-header played at Ebbets Field between the Cincinnati Reds and the Brooklyn Dodgers. Both games were televised by station W2XBS, New York City, using two cameras that alternated according to the play. During the intermission, there were appearances by Leo Durocher, manager of the Dodgers, William McKechnie, manager of the Reds, and several players. Hall of Fame broadcaster Walter Lanier “Red” Barber was the announcer.
    1943 - Birthday of Charles Isbell, Sr., author of “This Day in Black History,” Chattanooga, Tennessee. 
http://www.isbell.org/~isbell/home_Charles.html 
    1943 - William Dawson elected Black Democratic Party vice-presidential candidate. 
    1946 - Birthday of composer, singer and producer Valerie Simpson Ashford in The Bronx.  With husband Nick Ashford (1941-2011) they were a husband-and-wife songwriting-production team and recording artists.  Their compositions were recorded by Ronnie Milsap, ("Never Had It So Good"), Maxine Brown ("One Step at a Time"), The Shirelles and Chuck Jackson. Another of their songs, "Let’s Go Get Stoned," gave Ray Charles a number one U.S. R&B hit in 1966. That same year, Ashford & Simpson joined Motown where their best-known songs included "Ain’t No Mountain High Enough," "You’re All I Need to Get By," "Ain’t Nothin Like the Real Thing," and "Reach Out and Touch (Somebody’s Hand)."  Ashford and Simpson wrote many other hit songs, including “I’m Every Woman” (1978) and "Is It Still Good to You?"  As performers, Ashford & Simpson's best-known duets are "Solid (As a Rock)" and "Found a Cure" (1979). They were inducted into the Songwriters Hall of Fame in 2002, recipients of The Rhythm & Blues Foundation's Pioneer Award in 1999, and ASCAP’s highest honor, the Founder's Award, which they received on March 18, 1996.  
    1947 - Don Bankhead became the first black pitcher in the Majors. The Brooklyn Dodger hurler helped his own cause by slamming a home run in his first appearance at the plate. 
    1950 – Dodgers’ C Roy Campanella hit three home runs in a 7 - 5 win over the Reds at Crosley Field.
    1950 - HANDRICH, MELVIN O., Medal of Honor. 
Rank and organization: Master Sergeant, U.S. Army, Company C, 5th Infantry Regiment. Place and date: Near Sobuk San Mountain, Korea, 25 and 26 August 1950. Entered service at: Manawa, Wis. Born: 26 January 1919, Manawa, Wis. G.O. No.: 60, 2 August 1951. Citation: M/Sgt. Handrich, Company C, distinguished himself by conspicuous gallantry and intrepidity above and beyond the call of duty in action. His company was engaged in repulsing an estimated 150 enemy who were threatening to overrun its position. Near midnight on 25 August, a hostile group over 100 strong attempted to infiltrate the company perimeter. M/Sgt. Handrich, despite the heavy enemy fire, voluntarily left the comparative safety of the defensive area and moved to a forward position where he could direct mortar and artillery fire upon the advancing enemy. He remained at this post for 8 hours directing fire against the enemy who often approached to within 50 feet of his position. Again, on the morning of 26 August, another strong hostile force made an attempt to overrun the company's position. With complete disregard for his safety, M/Sgt. Handrich rose to his feet and from this exposed position fired his rifle and directed mortar and artillery fire on the attackers. At the peak of this action he observed elements of his company preparing to withdraw. He perilously made his way across fire-swept terrain to the defense area where, by example and forceful leadership, he reorganized the men to continue the fight. During the action M/Sgt. Handrich was severely wounded. Refusing to take cover or be evacuated, he returned to his forward position and continued to direct the company's fire. Later a determined enemy attack overran M/Sgt. Handrich's position and he was mortally wounded. When the position was retaken, over 70 enemy dead were counted in the area he had so intrepidly defended. M/Sgt. Handrich's sustained personal bravery, consummate courage, and gallant self-sacrifice reflect untold glory upon himself and the heroic traditions of the military service.     
    1951 - At the Polo Grounds, Chuck Connors, later TV’s “The Rifleman,” clubbed his 2nd and last Major League homer, a three-run shot off the Giants’ Sal Maglie in the 9th to give the visiting Cubs a temporary 4-4 tie. The Giants took the nightcap, 5-1, to run their victory streak to 14 games. Willie Mays electrified the crowd in the 6th by singling, advancing on a balk and a short fly, and stealing home. The Giants now trail the Dodgers by six games a week after trailing by 13.5 games. 
    1957 - The theme from the movie “Tammy and the Bachelor,” called simply "Tammy" by Debbie Reynolds sat at the top of both the Billboard record chart and Cashbox Magazine's best sellers list. Debbie was accompanied by only a piano on the single release, but the movie version included a full orchestra. 
    1957 - The Ford Motor Company rolled out the first Edsel automobile. 110,847 of the cars were built before Ford pulled the plug due to lack of sales. The car was named Edsel for the company founder's son, Edsel Bryant Ford. 
    1960 - Birthday of musician Branford Marsalis, Breaux Bridge, LA. 
    1961 - The NHL Hockey Hall of Fame opened in Toronto, Canada. 
    1961 – Roger Maris, on the way to a record 61, hit his 51st HR, the most homers in Major League history at this point in the season. 
    1964 - Lyndon Baines Johnson was nominated at Democratic convention in Atlantic City, NJ, after assuming the presidency upon the death of John F. Kennedy in 1963.  Senator Hubert Humphrey of Minnesota was nominated for the vice-presidency. The Gulf of Tonkin Resolution, a joint resolution approving US action in Southeast Asia, was passed by Congress less than twenty days earlier. In September, the Warren Commission would report the assassination of John F. Kennedy was by one lone person, Lee Harvey Oswald, and that Jack Ruby, convicted murderer of Oswald, had had no prior contact with Oswald. In November, Johnson would gain 486 electoral votes over Sen. Barry M. Goldwater, 52, with a popular vote split of 43,126,506 to 27,176,799. The Democrats would gain one senate seat for a 68-32 majority, and 37 House seats for a 296-140 majority. Johnson would think it was his “hawk” stand and being a “leader” that got him the position, not the television ads of the atomic bomb explosions that told this would happen if Goldwater were chosen. The death of JFK was still in everyone's mind, and Johnson being sworn in with Jackie Kennedy on the airplane was vivid. 
    1966 - 13th Floor Elevator, Grace Slick and the Great Society, and Sopwith Camel at the San Francisco Fillmore Auditorium.
    1966 - After seeing a caricature of himself on the scoreboard, an angry Leo Durocher calls the Astrodome's press box to have it removed. When nothing is done, the enraged Cubs manager rips the phone out of the dugout wall and tosses it onto the infield. 
    1967 - The Beatles followed their favorite new lecturer, the Maharishi Mahesh Yogi, to University College in Bangor, North Wales, along with Mick Jagger and his girlfriend, Marianne Faithfull. After his lecture the group, he held a press conference to announce that they've become his disciples in the "Spiritual Regeneration Movement" and officially renounced the use of all drugs.
    1967 - DAY, GEORGE E., Medal of Honor. 
Rank and organization: Colonel (then Major), U.S. Air Force, Forward Air Controller Pilot of an F-100 aircraft. Place and date: North Vietnam, 26 August 1967. Entered service at: Sioux City, Iowa. Born: 24 February 1925, Sioux City, Iowa. Citation: On 26 August 1967, Col. Day was forced to eject from his aircraft over North Vietnam when it was hit by ground fire. His right arm was broken in 3 places, and his left knee was badly sprained. He was immediately captured by hostile forces and taken to a prison camp where he was interrogated and severely tortured. After causing the guards to relax their vigilance, Col. Day escaped into the jungle and began the trek toward South Vietnam. Despite injuries inflicted by fragments of a bomb or rocket, he continued southward surviving only on a few berries and uncooked frogs. He successfully evaded enemy patrols and reached the Ben Hai River, where he encountered U.S. artillery barrages. With the aid of a bamboo log float, Col. Day swam across the river and entered the demilitarized zone. Due to delirium, he lost his sense of direction and wandered aimlessly for several days. After several unsuccessful attempts to signal U.S. aircraft, he was ambushed and recaptured by the Viet Cong, sustaining gunshot wounds to his left hand and thigh. He was returned to the prison from which he had escaped and later was moved to Hanoi after giving his captors false information to questions put before him. Physically, Col. Day was totally debilitated and unable to perform even the simplest task for himself. Despite his many injuries, he continued to offer maximum resistance. His personal bravery in the face of deadly enemy pressure was significant in saving the lives of fellow aviators who were still flying against the enemy. Col. Day's conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty are in keeping with the highest traditions of the U.S. Air Force and reflect great credit upon himself and the U.S. Armed Forces. 
    1967 - Jimi Hendrix's “Purple Haze” was released. “Are You Experienced?” (1968) is the greatest psychedelic blues ever conceived. Classic Albums:  “The Jimi Hendrix Experience” - Electric Ladyland DVD. Great footage of Hendrix and The Experience. This DVD is a rare insight into one of the truest musical genius of the 20th century.
    1968 - The first national political convention to propose African-Americans for the offices of President and Vice-President took place at the Democratic convention in Chicago.  Rev. Channing Emery Phillips of Washington, DC received 67.5 of the 2,622 votes. Julian Bond of Atlanta was nominated on August 29, but declined, as he did not fulfill the necessary age requirement. Once considered the rising star on the political arena, he all but disappeared from national view and died Aug. 15, 2015. 
    1968 - Jeannie C. Riley's "Harper Valley P.T.A." is certified Gold. 
    1968 - Democratic Party Convention in Chicago: Yippie activist Abbie Hoffman protested a decision to forcibly drive people out of the park. Tom Hayden was arrested in the afternoon for a certain squad car incident. Hoffman and Jerry Rubin allegedly urged demonstrators to hold Lincoln Park. Rennie Davis urged demonstrators "Don't let the pigs take the hill (high ground near a statue in the park)." About 3,000 demonstrators gathered chanting, singing songs, and talking and were attacked by police with clubs and tear gas after the 11 pm curfew.  Meanwhile, Mayor Richard Daley opened the Democratic National Convention.
    1968 - The Beatles releases "Hey Jude" b/w "Revolution."
    1969 - Although Elvis Presley has written a soprano part for backup singer Cissy Houston during "Are You Lonesome Tonight?," her actual live performance of it tonight at the International Hotel in Vegas strikes Elvis as amazingly funny for some reason, leading to a collector's classic: a performance where the King cannot stop laughing. "That's it, man, fourteen years right down the drain," he jokes as the song ends.
    1970 - In San Francisco, the Isle of Wight Pop Festival was underway.  Jimi Hendrix made his last public appearance. Other Isle of Wight artists included The Who, John Sebastian, Donovan, Ten Years After, The Doors, Moody Blues, Kris Kristofferson, Miles Davis, Leonard Cohen, Tiny Tim, Emerson, Lake and Palmer, Joan Baez and Jethro Tull. 
    1970 - Jimi Hendrix opened his recording studio in New York City. Because of its state-of-the-art 36-track recording capability, it attracted many top rock groups. 
    1970 - After an all-night jam, the Allman Brothers' Duane Allman asks Eric Clapton if he can attend the recording sessions for his new group, Derek and the Dominoes. Clapton agrees, only on the condition that Allman also play on the sessions. 
    1970 – Betty Friedan (1921-2006) led the feminist movement to a nationwide Women’s Strike for Equality.  Her 1963 book, “The Feminist Mystique” is often credited with sparking the second wave of American feminism in the 20th century. In 1966, Friedan co-founded and was elected the first president of the National Organization for Women (NOW), which aimed to bring women "into the mainstream of American society now [in] fully equal partnership with men".  In 1970, after stepping down as NOW's first president, Friedan organized the nationwide Women’s Strike for Equality on the 50th anniversary of the Nineteenth Amendment granting women the right to vote. The national strike was successful beyond expectations in broadening the feminist movement; the march led by Friedan in New York City alone attracted over 50,000 women and men. In 1971, Friedan joined other leading feminists to establish the National Women’s Political Caucus. Friedan was also a strong supporter of the proposed Equal Rights Amendment to the United States Constitution that passed the United States House of Representatives (by a vote of 354–24) and Senate (84–8) following intense pressure by women's groups led by NOW in the early 1970s. Following Congressional passage of the amendment, Friedan advocated for ratification of the amendment in the states and supported other women's rights reforms: she founded the National Association for the Repeal of Abortion Laws but was later critical of the abortion-centered positions of many liberal feminists.     
    1978 - Italian Cardinal Albino Luciani, 65, was elevated to the papacy as John Paul I. His unexpected, and to some, suspicious, death only 34 days later left a profound sadness for millions of people who had been drawn to him by his warm personality. 
    1978 - Nearly sixteen years after he topped the US record charts with "Sherry," Frankie Valli had the number one song again, with the title track from the musical “Grease.” It went on to sell over 2 million in the States and was also a #3 hit in the UK. 
    1980 - Kansas City Royals 3B George Brett raised his batting average to .407 with four singles and a double in 5 at-bats. 
    1981 - The Mayor of Ottawa, Ontario, Canada, Marion Dewar, declared today "Paul Anka Day" in honor of its native son. 
    1987 - The Fuller Brush Company announced plans to open two retail stores in Dallas, TX. This was a first for the company that had sold its products door to door for 81 years. 
    1987 - Sonny Bono (1935-98), who once said that he never voted until age 53, announced that he was running for Mayor of Palm Springs, California. Sonny said he was frustrated over the red tape he faced for a remodeling project at his Italian restaurant. He would win the election in 1988 and serve until 1992. He failed in a Senate race later that year, but won a seat in Congress in 1996. Bono died in a skiing accident on January 6th, 1998, at the age of 62. 
    1988 - A dozen cities in Texas, Colorado and California reported record high temperatures for the date, including readings of 100 degrees at Pueblo, CO, 106 degrees at Wichita Falls, TX, and 109 degrees at Redding, CA. Afternoon thunderstorms in Utah deluged the town of Beaver with more than an inch of rain in twenty minutes. 
    1990 – In his first game after six weeks on the DL, Kansas City’s Bo Jackson homered in his first at bat, off later Hall of Famer Randy Johnson, to tie a Major League record with four consecutive homers. Bo added a single and double as KC rolled by Seattle, 8-2. 
    1992 - A no-fly zone was imposed on southern Iraq. Operation Southern Watch was orchestrated by the United States, France and Britain. The campaign supported U.N. Security Council resolutions containing Iraq, protecting Kuwait, and keeping pressure on Saddam Hussein's Iraqi regime. 
    1996 - With ten year, $20 million deal, Pro Player, the sports apparel division of Fruit of the Loom, becomes the first sports marketing and products company to have its name used as the moniker for a stadium. The renaming of Joe Robbie Stadium, the home of the Florida Marlins, to Pro Player Stadium sparks controversy as many Miamians believe the name of the benefactor, whose name will be removed, should still be included due to his generosity and efforts to fund the original project. 
    2002 - The first video streaming coverage of a Major League baseball game takes place on the internet. Approximately 30,000 fans visit MLB.com to see the Yankees defeat the Rangers, 10-3. 
    2002 - Derek Jeter becomes only the third player to score at least 100 runs in his first seven major league seasons. The Yankees' shortstop joins Hall of Fame outfielders Ted Williams (Red Sox, 1939-49) and Earle Combs (Yankees, 1925-32) as the only big leaguers to accomplish the feat. 
    2003 - Rolling Stone Magazine named Jimi Hendrix as the greatest guitarist in Rock history. Eric Clapton, Jimmy Page, Keith Richards, Chuck Berry, Stevie Ray Vaughan and Ry Cooder also made the top 10.
    2005 - A post office in Los Angeles was renamed after singer Ray Charles due to its close proximity to the studio where he recorded later in life.
    2014 - Burger King Worldwide Inc. acquired Canadian restaurant chain Tim Hortons Inc. for US$11B and moved its headquarters to Canada. The merger created the third-largest global fast food company, Restaurant Brands International.