Monday, August 23,2004
######## surrounding the article denotes it is a “press release”
VP Credit/Operations/Sr. Credit Officer. 15yrs exp. in equipment leasing. Strong financial analysis and management skills. Experience developing and maintaining profitable customer/vendor relationships.
Credit: Atlanta, GA.
Senior Credit Officer in middle-market equip. finance, vendor, 3rd party, specialty, flow credit to the fortune 1000. Team builder, originations capable, strong work ethic, ability to multi-task.
10 yrs experience in
credit/collections/recovery/documentation in the leasing industry. P&L responsibility, team builder & strong portfolio mgnt skills.
Credit: Boston Ma.
Challenging position where my skills, professional experience, organization, leadership, strategic thinking, creativity, energy, passion, competitive nature will enable me to define opportunities and personal development.
VP credit Consumer Credit prime/sub prime Auto lending/leasing/mortgages. 20+yrs exp. If you are looking for someone to affect the bottom line I am that person. Will relocate.
Skilled in team building, management & training. Seasoned credit, portfolio and risk management professional. Experienced in developing, implementing underwriting, portfolio management policies & procedures.
Fort Lee NJ
3 Years Experience. Looking in NJ/NY.
Los Angeles, CA
Over 15 years experience in Credit/Operations with Small Ticket and transactions up to $500,000.00. CLP, with excellent relationships with most major lenders.
Mill Valley, CA
Senior corporate officer with financial services credit background. M and A, fund raising and workout expertise.
New Jersey, NJ
Credit Analyst with 10+ years experience in small-ticket lending up to $500,000. Experience with both vendor-direct and with brokers.
New York, NY
3+ years of leasing credit / contracts experience. Currently in the leasing industry and moving to NY! Exp. working at both funding source and broker.
New York, NY.
V.P. Credit & Collections w/23 years exp.looking for a situation where I can utilize my varied & extensive knowledge of credit/collections/risk-management & leasing.
New York, NY.
5+ yrs leasing credit exp./highly proficient knowledge of Ops: documentation & recovery. Currently in the SMB segment - moving back to NY/NJ area.
Credit/Leasing Manager- 8 years underwriting. Proven performer, strong negotiator and sales support.
Worked with the best- Randy Schiell, Chuck Brazier, Jim Lahti.
Contact: Elizabeth Rose (480)510-7434
San Francisco, CA.
10+ years Credit Analyst experience underwriting for a direct lessor, regional bank and vendor leasing company. Have CLP and will make decisions ( won't rely on a FICO score for enlightenment.)
88 Classified ads posted at:
These ads are free. To post one, please go here:
New Help wanted ads will start on September 10th,
as Kit Menkin will be on vacation, a cruise to Alaska with
Duckhorn Winery, from August 31 to the 10th.
Economic Events This Week
Durable Good Orders: July
New Home Sales: July
Weekly Jobless Claims
GDP: 2nd Quarter
Kendra Bernal No Longer in Utah
Notorious Funding Tree Kendra Bernal was found in Utah by Leasing
News, but she is no longer there.
“In regards to Kendra Bernal...I am the general manager of the Salt Lake City company that Ms Bernal was recently employed with. We also have been victimized by Ms Bernal's deception. We are in process of filing criminal charges against her.
“We were not aware of her past criminal history, when she was hired by our firm. Once this was discovered, Ms Bernal was immediately terminated. We take great pride in the fact that we have served our clients with a level of ethical excellence for over 20 years, and have a perfect record with the Better Business Bureau.
“ Information about Ms Bernal's theft of our company property, has been forwarded to the district attorney's office in Riverside.”
( Name With Held )
Kendra Bernal is due for sentencing in California on August 25, 2004 at 8:30am Department 4. Her previous attorney, who she owes $15,000 for his services and skipped on him, he says, talked to her in Utah where she had every intention of appearing in California court,
she told him.
Lessors Network Annual Atlanta, GA August 25-26
NAELB Irvine, CA Regional Meeting September 10 Irvine, Ca
EAEL Expo September 27 (no location stated on web site)
UAEL Monterey, CA October 21-24
ELA Palm Desert, CA October 24-26
AGLF Rancho Mirage, CA November 10-12
MAEL Rosemont, Illinois November 18
Please go to the association web site to learn more.
To learn about these and other leasing associations, please
First Class Action Against NorVergence Assignees
A copy of the actual filing in the first of what looks like
a series of class action suits against leasing companies
who purchased NorVergence "cost to lessor" was posted Friday
in our eMail section. Leasing News is receiving requests
for its copy, and for those who missed it:
GARY S. GRAIFMAN
Kantrowitz Goldhamer & Graifman, P.C.
747 Chestnut Ridge Road
Chestnut Ridge, NY 10977
Copy of Complaint:
CapitalWerks Jim Raeder to Make Statement
by Christopher “Kit” Menkin
In recent articles regarding Alliance Funding Group and CapitalWerks,
we have heard from everyone but Mr. Raeder, who we have learned
has just returned from Geneva late last week.
We have asked him for a statement as the New York Times News
story has brought accusations from people who do not want to
be named, but have derogatory things to say about he
and his company; things that have been said behind his
back for years.
In all complaints made against his company, Mr. Raeder has
funded the leases or returned money, explaining the situation
to everyone’s satisfaction. In our knowledge with many funding
sources, he has stood behind any of the leases he or his partner
Mark McQuitty has assigned.
Leasing News believes these accusations are both unfair and
unfounded, despite the criticism we receive about our direct
experience, and have asked Mr. Raeder to make a statement.
It is also appropriate to read the “Letter to the Editor” by
Equipment Leasing Association President Michael Fleming,
sent to the New York Times ( please note, both Alliance
Funding Group and CapitalWerks are not members of ELA,
although after this defense of fees, perhaps they should join:)
“I would like to clarify a few points in the article “In Equipment Leasing Deals, Let the Renter Beware” (August 12, 2004). The article is misleading as it implies that so called “access fees” -- more commonly referred to as application or commitment fees -- are unusual. The article also suggests that such fees should always be fully refundable. Whether a home mortgage, line of credit or an equipment lease, the application or commitment fee document should clearly spell out the responsibilities of the parties, including conditions such as refundability.
“In most financial businesses it is common for credit application fees or commitment fees to be part of the financing transaction. Similar to loan application fees when applying for a mortgage, lessees pay a commitment fee to a lessor. These fees pay for the research and due diligence before credit is extended. As standard practice, commitment fees aren’t refunded if the lease deal does not go through because the organization needs to defray costs for work already conducted.
“Every day 30,000 to 40,000 leases are written for hundreds of thousands of companies from small bakeries to multi-national companies in the U.S. The overwhelming number of these transactions proceed routinely as reflected by an industry-wide delinquency rate of less than 2 percent.*
“The industry, as a whole, produced between $100 billion and $300 billion additional real GDP, produced between $227 billion and $229 billion additional real equipment investment, and created between three million and five million additional jobs between 1997-2002.**
“But, the most important contribution of the equipment leasing industry lies in providing access to capital. If leasing were unavailable many entities, from non-profit to private organizations, from tax-exempt entities to public companies, would not be able to acquire the equipment they need.”
Equipment Leasing Association
IKON/GE Sued for Restraint of Trade/Unfair Competition
IKON Office Solutions, reportedly the world's largest independent channel for document management systems and services, has announced that William S. Urkiel, the Company's Senior Vice President and Chief Financial Officer, plans to retire in 2005. IKON has outlined a transition plan for the Chief Financial Officer position, whereby Mr. Urkiel will remain in the CFO position through the search process, followed by a transition period during which he will be available to support the new CFO.
In the meantime, Leasing News has learned on June 25, 2004, NewCal Industries, a California corporation, Pinnacle Document Systems, a California corporation, Pacific Automation, an Oregon Corporation, and Kearns Business Solutions, a South Carolina Corporation has filed a civil complaint in the Northern District of
California against Ikon Office Solutions, an Ohio Corporation and Kearns Business Solutions.
The civil case claims “unreasonable restraint of trade,” “unfair
competition,” “unlawful, unfair and fraudulent business relations,”
as well as “unfair, deceptive, untrue and misleading advertising,”
laying out the foundation of there charges in this filing.
None of the parties contacted would make a comment to Leasing News and referred us to public relations personnel, who have not returned our telephone calls.
A July 29th press release stated:
“Finance income from the U.S. and Canadian portfolios declined by 61% from the prior year and is expected to decline primarily over the next 24 months, as the Company completes its previously announced transition out of captive lease financing in the U.S. and Canada.
“Revenues for the third quarter were $1.16 billion, declining 1.3% compared to the prior year. Growth in targeted revenue streams was offset by the decline in finance revenues as the Company began its transition out of captive lease financing in North America.
“Targeted revenue streams, which represent 95% of total revenues and exclude revenues from U.S. and Canadian lease financing and computer-related technology hardware, grew by 4% compared to the same period a year ago.
“This strategic shift includes the funding of new lease originations by IKON Financial Services(SM), a strategic alliance under GE Commercial Finance ("GE"). Foreign currency translation provided a 1.1% benefit to total revenues.”
According to the present release, “IKON Office Solutions (www.ikon.com) integrates imaging systems and services that help businesses manage document workflow and increase efficiency. As the world's largest independent distribution channel for copier and printer technologies, IKON offers best-in-class systems from leading manufacturers such as Canon, Ricoh and HP and service support through its team of 7,000 service professionals worldwide. IKON also represents the industry's broadest portfolio of document management services: outsourcing and professional services, on-site copy and mailroom management, fleet management, off-site digital printing solutions, and customized workflow and imaging application development, as well as equipment lease financing. With Fiscal 2003 revenues of $4.7 billion, IKON has approximately 600 locations throughout North America and Europe.”
Classified Ads---Help Wanted
Controller / Vendor Sales Specialist/ Entry Level Accountant
Equipment Finance Sales Executive
Senior Contract Specialist
U.S. ABS market at typical August pace
Last week marked another slow session in the U.S. ABS primary market, as August rolled on and the Republican National Convention neared.
With the FOMC raising short-term interest rates 25 basis points to 1.5% early in the week, and a new set of disappointing employment numbers coming late the week before that, the market had a lot to digest. However, secondary liquidity improved dramatically on Wednesday, the day after the Fed’s announcement, according to research from Credit Suisse First Boston. The overall tone of the secondary market remains positive, CSFB analysts said.
Real estate ABS was responsible for the bulk of volume, with about $4.7 billion having priced for the week. AmeriQuest Mortgage had a big week and priced roughly $3 billion in two separate transactions from its new subprime MBS shelf.
In the equipment sector, Trinity Leasing came in with a $157.6 million transaction backed by railcar leases via Credit Suisse First Boston, completed with a full Ambac wrap. The single-tranche fixed-rate offering came in at 60 basis points over swaps, the tight end of guidance.
The first, pricing Monday, was a $2.89 billion subprime MBS offering via Citigroup Global Markets off AmeriQuest’s Park Place Securities Trust vehicle. The series 2004-WCW2 deal widened across the capital structure, with the triple-A rated, 2.40-year notes coming in at 38 basis points over one- month Libor versus guidance in the 35 basis point area over. The one-year triple-A class came outside of expectations at 17 points over, while the 2.7-year triple-A class was four points outside of talk, at 34 basis points over. Meanwhile, the 5.20-year triple-B rated notes priced at 205 points over Libor relative to guidance in the 195 to 200 point range.
Later in the week, AmeriQuest tapped the market again for $982 million in traditional home equity led jointly by Banc of America Securities and Morgan Stanley. The triple-A rated one-year notes were a touch wide at 17 basis points over one-month Libor versus talk in the 16 basis point area over. Down in credit, spreads tightened on the 5.02-year triple-B plus notes, pricing at 190 points over one-month Libor versus guidance in the 200 basis point area over.
Soundview Mortgage was also in the market with $463.4 million in subprime MBS led jointly by RBS Greenwich Capital and Wachovia Securities. The offering priced largely in line with guidance, as both the 2.44- and 6.51—year triple-A rated notes came on target at 16 and 35 basis points over one-month Libor, respectively. The 4.73-year double-A rated notes priced wide at 68 basis points over Libor relative to talk in the 65 basis point area over.
Additionally, Barclays Capital issued $392.5 million of home equity loan-backed notes off of its SABR shelf. The spread on 2.63-year triple-A rated notes was 38 basis points over one-month Libor.
At week’s end, GMAC-Residential Funding Corp. was still shopping a $600 million mixed-collateral subprime deal from its RASC shelf. The three-year triple-A rated notes were being talked in the 50 basis point area over swaps. Meanwhile, price guidance for the three-year, triple-A floaters was set at 28 points over one-month Libor. — SM
### Press Release ##############################
Partnership with Taxware Strengthens IDS Next-Generation Solution
Sales and Use Tax Calculation Structure Is Perfectly
Aligned with ProFinia™ Lease/Loan Accounting System
MINNEAPOLIS, Minn., – International Decision Systems, Inc. (IDS), the global leader in comprehensive software solutions for the equipment finance industry, has announced a strategic value-added reseller (VAR) partnership with global tax automation expert Taxware LP. The partnership brings together ProFinia, the next-generation lease/loan accounting software solution from IDS, and Taxware’s Sales and Use Tax Solution, industry-leading tax calculation and compliance software that's used by thousands of companies nationwide.
“Key Taxware features can be leveraged by the flexible and open architecture of ProFinia, helping customers lower tax management costs by eliminating the need for manual intervention,” explains Carol Nelson, Director of Product Management for IDS. “The partnership demonstrates our commitment to bringing our customers bottom-line savings that directly increase their ROI.”
“Taxware is an industry leader with international adaptability,” says Bruce Reed, Vice President of Business Development for Taxware LP. “Our goal is to strategically partner with other global industry leaders like IDS.”
Taxware Sales and Use Tax Solution Features
“Tax calculation and management is growing increasingly complicated, with more than 27,000 transaction tax codes worldwide and 8,000 sales tax jurisdictions in the U.S. and Canada alone,” said Reed. “Our tax content is designed to complement existing systems like ProFinia, in order to drive more value from customers’ current technology investments.”
Other highlights of Taxware Sales and Use Tax Solution include the ability to:
• Calculate sales taxes, use taxes and value-added taxes;
• Determine product taxability and unique jurisdictional issues,
updating monthly to reflect the latest tax changes;
• Create full detail line item reports adhering to electronic date
interface (EDI) reporting standards;
• Permit special tax overrides and manage exemptions, special
rates, caps and thresholds; and
• Provide a fully populated product taxability matrix containing
more than 2,000 classifications of products and services with
the ability for users to add custom product codes unique to
More on IDS ProFinia, next-generation InfoLease®
ProFinia delivers many ways to make the lease/loan process more efficient and profitable. For example, ProFinia:
• Is an asset-centric system that enables increased productivity,
improved efficiency, and seamless integration;
• Allows customers to choose an industry standard underlying
• Provides secure Internet-based communication to link business
partners and customers around the clock and around the
• Is built with J2EE, the industry standard development language
on which the vast majority of Fortune 1000 companies are
• Provides fast, simple system navigation through a user-friendly
• Enables seamless integration with the industry-leading front end
solution, IDS Rapport, as well as other means of integrating
front-end and back-end data; and
• Supports global business practices including multiple language
requirements, local tax laws, currencies, business calendars
and localization of terms and conditions.
IDS will support the installation, implementation and initial set up of ProFinia code mapping to the Taxware Sales and Use Tax Solution and continue to provide first-level support to customers licensing Taxware in conjunction with ProFinia.
About International Decision Systems
International Decision Systems (IDS) is the global leader in developing lease/loan accounting and portfolio management software and services. Headquartered in Minneapolis, Minn., IDS also has offices in London, Sydney, and Singapore. IDS offers the largest and most experienced global consulting, implementation, and technical support teams in the equipment financing industry. For more information, visit www.idsgrp.com.
Taxware, a subsidiary of First Data Corporation, is a leading developer of global commercial tax compliance systems. For more than 25 years, Taxware's products have simplified the tax calculation and compliance process with solutions for sales, use, value added and other consumption taxes for businesses around the globe. By combining expert knowledge of the most current research and changes in tax legislation with the best available automated processes, Taxware has developed comprehensive solutions that facilitate compliance with Sarbanes-Oxley, serving as the control for corporate transaction tax operations. Taxware has relationships with many Fortune 1000 customers including Wal-Mart and Home Depot as well as partnerships with leading systems ERP solution providers, including PeopleSoft, SAP, and Oracle. To learn more about Taxware products, please visit www.taxware.com.
### Press Release ############################
Ex-Im Bank Renews Offer of One-Third Exposure Fee Reduction on
Export Financing of U.S. Large Commercial Aircraft
Airlines in Countries Adopting, Ratifying and Implementing the Cape Town
Treaty Can Benefit From the Exposure Fee Reduction
WASHINGTON, -- The Export-Import Bank of the United States (Ex-Im Bank) renewed its offer to reduce the Bank's exposure fee by one-third on financings of U.S. large commercial aircraft for buyers in countries that sign, ratify and implement the Cape Town Treaty. The treaty is an international agreement that will facilitate asset-based financing and leasing of large commercial aircraft.
Ex-Im Bank's offer enables eligible foreign buyers to receive an Ex-Im Bank exposure fee of as low as 2 percent, a one-third reduction of the current minimum 3 percent exposure fee on financings of large commercial aircraft. More favorable financing terms also apply to asset-based financings of spare engines to such buyers. Ex-Im Bank has extended the offer for approvals issued through fiscal year 2005, which will end on September 30, 2005.
The United States signed the Cape Town Treaty in May 2003. The U.S. Senate approved the treaty on July 22, 2004, and President George W. Bush signed the implementing legislation on August 9, 2004. The U.S. ratification process will be completed when the ratification documents are formally deposited in Rome, Italy, with the international organization, UNIDROIT, which is the depositary of the Cape Town Treaty and related protocols.
"Ex-Im Bank is renewing our offer of a one-third reduction of our exposure fee because we are committed to encouraging other countries to adopt the Cape Town Treaty and the related aircraft protocol," said Ex-Im Bank Chairman Philip Merrill. "Ex-Im Bank strongly believes that the Cape Town Treaty will reduce certain risks associated with cross-border sales and leases of aircraft and aircraft engines."
Merrill added that Ex-Im Bank believes the reduced risk "justifies a reduction in our exposure fee for airlines based in countries that ratify and implement the treaty. The treaty is intended to make greater amounts of financing available to airlines on more attractive terms. Less costly financing will enable airlines to upgrade their fleets, thereby supporting jobs in the aerospace industry."
Ex-Im Bank will offer the one-third reduction of its exposure fee (in connection with approvals issued through September 30, 2005) to buyers in any foreign country that has signed, ratified and implemented the treaty and the related aircraft protocol (including certain optional provisions specified in letters sent by Ex-Im Bank to such buyers).
The Cape Town Treaty, which was concluded at an international diplomatic conference held in Cape Town, South Africa in November 2001, establishes a commercially oriented, comprehensive international legal framework to protect security and leasing interests in aircraft equipment. The treaty has been signed by 28 countries, of which four countries already have ratified the treaty. The treaty entered into force on April 1, 2004, and will become effective as applied to aircraft and aircraft engines once eight countries ratify the aircraft protocol. The United States is expected to complete its ratification process later this year.
Ex-Im Bank, the official export credit agency of the United States, is in its 70th year of helping finance the sale of U.S. exports, primarily to emerging markets throughout the world, by providing loan guarantees, export credit insurance and direct loans. In the past five years, Ex-Im Bank has authorized financing to support the export of more than $22 billion of U.S. large commercial aircraft. For more information, visit
SOURCE Export-Import Bank of the United States
CO: Export-Import Bank of the United States; Ex-Im Bank
ST: District of Columbia, South Africa
SU: TRD FOR EXE
Web site: http://www.exim.gov
## Press Release ###########################
Economists dial back growth forecasts
July job figures decline in six swing states
Two Measures of Employment: How Different Are They?
More self-employed bet on not getting sick, hurt
Gatlin dethrones Greene in 100 meters
Firm approves plan to remodel Rose Bowl for possible NFL team
U.S. Rolls Into Softball Gold - Medal Game
“Gimme that Wine”
New winemaking team named at B.R. Cohn
New Screwpull Corkscrews Make Cork Extraction Easy
Fall Wine Auctions to Start Off With Some Blockbusters
Delicato Gets Financing
PIERCE'S DISEASE UPDATE
Tours of Napa
This Day in American History
1500 -- Christopher Columbus, accused of mistreating the natives of Haiti, is arrested and sent back to Spain in chains. Plunder continued to take precedence over conversion, but the Catholics continued to be embarrassed. Their ideology was not altogether suited to their practice. The Catholics made much of their conquests of Aztecs and Incas, whom they described as empires with institutions similar to those of the Hapsburg Empire and the religious practices as demonic as those of the official enemy, the heathen empire of the Ottoman Turks. But the Catholics did not make much of the wars of extermination against communities that had neither emperors nor standing armies. Such feats, although perpetrated regularly, conflicted with the ideology and were less than heroic. The act of slavery was condoned, as natives were considered “property” for this purpose, but there were reports of sexual abuse and torture in the name of church that got back to authorities, and contrary to popular belief, the Catholic church did not condone this. The queen of Spain appealed to the Pope,
plus paid a “fine” for his release.
— Freddy Perlman, The Continuing Appeal of Nationalism
1572- In France, late this night, Catholic conspirators began massacring thousands of Huguenots (French Protestants), under orders of Catherine de Medici, advisor to her son, Charles IX, King of France. Huguenots, who could escape, went to other countries, many of them immigrating to the New World.
1784- the state of Franklin, formed this day, when it seceded from North Carolina. It consisted of three counties between the Bald Mountains and the Holston River, an area that is now in eastern Tennessee. It citizens established a senate and a house of commons at Jonesboro and elected John Sevier as governor for a four year term. Sevier was arrested in 1788 on charges of high treason. The state was not admitted to the Union. Upon his release from jail, Sevier was elected to the House of Representatives. He served as the first governor of Tennessee after it was admitted to the Union as the 16th state in 1796.
1834- Britain abolishes slavery in colonies; 700,000 slaves freed. The
anti-slavery abolition movement gained much strength from this, as demonstrated with the formal organization of the American Anti-Slavery Society, formed in Philadelphia, December 4.
1859-The first elevator installed was in the six-story Fifth Avenue Hotel, New York City, which opened this day. The elevator operated on the principle of an Archimedean screw. It was viewed and inspected by Albert Edward, Prince of Wales, on October 11,1960. The first elevator in an office building was installed in 1868 in the original Equitable Life Assurance Society building located on lower Broadway, New York City. The first electric elevator successfully operated was installed in 1889 by Otis Brothers and Company in the Demarest Building, Fifth Avenue and 33rd Street, New York City and the age of the skyscrapers began
in major cities throughout the United States.
1864- The Union navy captured Fort Morgan, Alabama, breaking the Confederate dominance of the ports of the Gulf of Mexico. As the Union fleet of four ironclad and fourteen wooden ships sailed into the channel on August 5, one of the lead ships, the Tecumseh, hit a mine, at the time known as a "torpedo."
In reply to the warning, "Torpedoes ahead!" given by the forward ships, commander Admiral David Farragut called out, "Damn the torpedoes!" and, taking the lead with his flagship the Hartford, sailed over the double row of mines and into Mobile Bay.
1869-The first carload of freight (boots and shoes) arrives in San Francisco from Boston.
1869 –Birthday of Edgar Lee Masters, Garnett, Kansas. Author of Spoon River Anthology, epitaphs spoken by about 250 persons buried in the graveyard of a village in the Middle West.
1889-The first ship-to-shore wireless message received in US (San Francisco).
1900-National Negro Business League was founded in Boston, MA by Booker T. Washington. Four hundred delegates from34 states attended the founding conference, which promoted the growth of African-American-owned businesses. Washington was elected the fist president of the organization.
1900 -- Folk singer Malvina Reynolds (Milder) born, San Francisco, California. She was refused her diploma by Lowell High School because her parents were opposed to US participation in World War I. Died 1978.
1902 - Fannie Merrit Farmer opened her cooking school, Miss Farmer’s School of Cookery, in Boston, MA. Ms. Farmer was the leading cooking authority of her day. Known as the ‘mother of measurements’, she revolutionized food preparation throughout the world with her introduction of precise measurements -- the level teaspoon, tablespoon, cup, etc. And, in 1919, candy maker Frank O’Connor paid Fannie the ultimate compliment by naming his now famous company, Fanny Farmer Candy Shops.
1906 - Thunderstorms deluged Kansas City, MO, with six inches of rain during the early morning, including nearly three inches in thirty minutes.
-- Ishi — last member of his stone-age tribe — discovered in California.
The region is known as the Land of Ishi because this is where the last
survivor of the Yahi Yana tribe, a man named Ishi, escaped from settlers
who exterminated the rest of the Yahis. They had lived here for at least
3,000 years before being killed off, along with the elk they had hunted,
another dreadful moment in the settling of the West. There is controversy that Ishi was not a “pure
bred” and therefore was not the last of his tribe, as taught in California
schools to this day.
1913-Birthday of band leader Bob Crosby.
1917- -- Race Riot occurs in Houston, Texas, when the 24th Infantry seeks revenge on the city's white police after the brutal beating of two of the regiment's soldiers. After two hours of violence, 15 whites, including four policemen, are killed and 12 more injured. Four soldiers die. 118 soldiers are charged in connection with the riots and 19 executed, most in almost total secrecy, in one of the most infamous court-martials ever involving African-Americans
1921 - Denver, CO, was drenched with 2.20 inches of rain in one hour, a record for that location.
1927- Nicola Sacco and Bartolomeo Vanzetti were electrocuted at the Charleston, MA, prison. Convicted of a shoe factory payroll robbery during which a guard had been killed, Sacco and Vanzetti maintained their innocence to the end. Six years of appeals marked this American cause celebre during which substantial evidence was presented to show that both men were elsewhere at the time of the crime. however, on the 50th anniversary of their executive, Massachusetts governor Michael S. Dukakis proclaimed August 23, 1977, a memorial day, noting that the 1921 trial had been “permeated by prejudice.” Dukais was to run for president with Lloyd Bentsen for vice-president in 1988, but to be defeated by George Bush and Sen. Dan Qualye in November, carrying only ten states. Some say it was his freeing of these gentlemen, among others,
while pundits blame it on the “dirty trick” Texas campaign of the ridiculous
picture of Dukais in an oversized helmet supposedly steering a tank. (others
say he was a poor choice, and history shows he basically “disappeared”
from the political scene after his loss.)
1929-Birthday of drummer Danny Barcelona, Honolulu, HI.
1936-Birthday of Rudy Lewis, one of the lead singers with the Drifters, Philadelphia, PA.
1939- Glenn Miller completes 14 weeks at Glen Island Casino. Air checks make it a phenomenal summer success and makes “the Miller sound” the hit of the country.
1943 - "LIFE" magazine spotlighted a dance craze that was sweeping the U.S.A. -- the Lindy Hop. The Lindy was named after American aviation hero Charles A. Lindbergh; and began its entry into the American lifestyle in 1927. The Savoy Ballroom in Harlem, New York was really jumping when George ‘Shorty’ Snowden, one of the Savoy’s famous dancers, started doing twists, turns, jumps and twirls to the music of greats like Duke Ellington, Cab Calloway, Count Basie and Ella Fitzgerald. Snowden told everyone he was doing the Lindy Hop. The jitterbug, swing or Lindy as it was called by white dancers became an integral part of Hollywood’s golden era and was picked up by the youth of America during WWII, as exhibited on the "LIFE" cover.
1943-Along the beaches at Cape Fear outside Camp Davis, A-24 planes flown by members of the Women Air Service Pilots are dragging training targets behind them. The targets are being shot at with live ammunition by men training to be part of anti-aircraft gun crews. Instructors are next to each man to pull a recruit's finger away who is too excited and shoots at the plane instead of the target. It happens often. WASP Byrd Granger in On Final Approach, the History of the Women Air Service Pilots wrote:
"Instructor Lt. Bruce Arnold, son of General Hap Arnold is... too late (as) he reaches to snatch a gunner's hand from the trigger. Dismayed he sees a 50mm round speed with deplorable accuracy toward the A-24, not the target. It will be a direct hit."
WASP Mabel Rawlinson is piloting while in the rear cockpit is male instructor Lt. Roubillard who is checking her on night flying. Pilot Rowlinson immediately radios they have been hit. Granger writes:
"The engine is rough, faltering. The landing pattern takes the plane, sputtering over the barracks where women pilots hear it. They run out of the barracks as the crippled plane coughs one last time, then plunges into the swampy wood at the north end of the runway. On impact it breaks in two and the front section blazes. Mabel struggles to release the hatch. She cannot open it.
"Lt. Roubillard, emerging (almost unhurt) from the separated rear section, hears her screams as she burns to death. So do the women WASP pilots running towards the crash. It is 9:20 p.m. It is almost totally dark. And the crash will remain one of the closest guarded secrets of World War II. Roubillard says Rawlinson's flying ability saved his life.
"... She might have survived if the A-24 cockpit latch had operated. But (the latch which she had written up to be fixed) was (considered too) minor a problem to have repair priority."
To this day Rawlinson's death as a result of friendly fire is hardly acknowledged and there are many who claim no women were ever killed. Thirty-seven women died in the WASP program.
1946 -- Humphrey Bogart movie "The Big Sleep" opens. Based on the novel by Raymond Chandler.
1947 - Margaret Truman, daughter of U.S. President Harry S Truman, presented her first public concert. Margaret sang before 15,000 people at the Hollywood Bowl. The concert did not get great reviews. In fact, the critics didn’t like Margaret’s singing at all. And Margaret’s dad didn’t like the critics, and said so, from the White House.
Mona Lisa - Nat King Cole
I Wanna Be Loved - The Andrews Sisters
Play a Simple Melody - Bing Crosby
I’m Moving On - Hank Snow
1953-Birthday of saxophone player Bobby Watson, Lawrence, KS.
Nel Blu Dipinto Di Blu (Volare) - Domenico Modugno
Little Star - The Elegants
My True Love - Jack Scott
Alone with You - Faron Young
1964 -- Beatles do Hollywood Bowl concert.
1965 - The U.S. premiere of the motion picture "Help!", starring The Beatles, was held for thousands of moviegoers wanting to see the group’s first color motion picture. Their first film, "A Hard Day’s Night", had been produced in black and white.
Summer in the City - The Lovin’ Spoonful
Sunny - Bobby Hebb
See You in September - The Happenings
Almost Persuaded - David Houston
1968- Aretha Franklin's "Lady Soul" earns a gold LP while the Rascals' "People Got to Be Free" is awarded a gold 45.
1969 - Mrs. Audrey McElmory of La Jolla, CA won the world cycling championship in Czechoslovakia.
1969-"Honky Tonk Women" by The Rolling Stones hits #1 on the pop chart.
1969- The Who's "I'm Free" peaks at #37 on the chart.
1969- Crosby, Stills and Nash's "Marrakesh Express" peaks at #28 on the chart, while Chicago's "Questions 67 & 68" peaks at #71
1970 - U.S. swimmer Gary Hall broke three world records at the AAU (Amateur Athletic Union) outdoor swimming meet, held in Los Angeles, CA.
1972- Republican convention (Miami Beach, FL) re-nominates VP Agnew but not unanimous-1 vote went to NBC newsman David Brinkley).
The Night Chicago Died - Paper Lace
(You’re) Having My Baby - Paul Anka
Tell Me Something Good - Rufus
As Soon as I Hang Up the Phone - Conway Twitty & Loretta Lynn
1975- War's "Why Can't We Be Friends?" peaks at #6 on the pop chart.
1975- Fleetwood Mac's self titled LP enters the charts. It's the band's first album with Lindsey Buckingham and Stevie Nicks.
1980- AC/DC's "Black In Black" LP enters the charts. It's the band's first album with new lead singer Brian Johnson and also their most popular, selling over 10 million.
Eye of the Tiger - Survivor
Hurts So Good - John Cougar
Abracadabra - The Steve Miller Band
Nobody - Sylvia
1984 - South Fork Ranch, the home of the fictitious Ewing clan of the CBS-TV show "Dallas", was sold. The ranch, a 200-acre spread near Dallas, was to be transformed from a tourist site into a hotel, according to the new owners.
1986- Billy Joel's LP "The Bridge" enters the album charts. The album featured two top-10 hits, "Modern Woman" and "A Matter Of Trust."
1987 - A cold front brought autumn-like weather to the Northern and Central Plains Region. Afternoon highs were in the 50s and 60s across parts of Colorado, Kansas and Nebraska that just two days earlier were in the 90s or above 100 degrees. Thunderstorms produced locally heavy rain in New Mexico, Texas, Oklahoma and Arkansas.
1989 - Thunderstorms produced heavy rain with flash flooding in West Virginia. Pickens, WV, reported 4.80 inches of rain in 24 hours. Evening thunderstorms in Mississippi deluged Alta Woods with 4.25 inches of rain in less than an hour. Thunderstorms also produced heavy rain in southeastern Kentucky, and flooding was reported along Big Creek and along Stinking Creek. The Stinking Creek volunteer fire department reported water levels 12 to 14 feet above bankfull. Fort Worth TX hit the 100 degree mark for the first time all year. Strong winds ushering cool air into northwest Utah gusted to 70 mph, raising clouds of dust in the salt flats.
Vision of Love - Mariah Carey
Come Back to Me - Janet Jackson
If Wishes Came True - Sweet Sensation
Next to You, Next to Me - Shenandoah
1990- Singer Billy Idol begins a tour in Montreal -- this just six months after almost losing his leg in a motorcycle accident
1992-James A. Baker III, resigned as secretary of state and was appointed chief of staff to President George Bush I. In his new post Baker was to take over command of Bush’s reelection campaign, which was seen as floundering.
1996-Restrictions intended to discourage smoking by young people were announced by President Clinton. The new rules banned vending machines in many locations; prohibited brand-name sponsorship of sporting events; and out-lawed advertising billboards located within 1000 ft of schools.
there Is nothing, in sport, like a new baseball
by Tim Peeler
Without seeing one, I can feel it in
My hand, fresh from an umpire's dark blue
Canvas bag: a sweet white sphere—but not as
Smooth as one might think a palomino's
It feels a bit like your dry face after
A very close shave, and the odor is
Quite like a new leather belt or wallet—
A good pitcher could smell the sharp break in
The face of the rock—and every baseball
Has one: a mouth, closed eyelids, a low brow,
The receding hairline of red stitches.
In sport what can you compare with this orb?
A puck? A grainy leather basketball?
Without seeing one, I can feel how it
Rests in the open palm of my right hand,
The excitement of placing two fingers
With or against the lightly rising seams,
Rubbing it with my glove propped between my
Elbow and hip while a batter fidgets
Inside a perfectly fresh line of chalk.
--- with the permission of the author, from his
book of baseball poetry:
“Waiting for Godot’s First Pitch”
More Poems from Baseball
available from Amazon
from the publisher at: www.mcfarlandpub.com