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The Lament of the Leasing Broker
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The Lament of the Leasing Broker
"What, Me Worry?"
Let’s raise up a glass of Holiday Cheer
And now we have blue state against red:
The leasing is off, and commissions are down
What we have is cash advance
Now we head to the cliff
So the bright day is coming, the red sky’s at night
BARRY S. MARKS
Happy New Year!!! We hope
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Leasing Companies in Upper Central States Open
Many leasing companies were closed due to the blizzard as well as tornado warnings right after Christmas. Most are open, such as First Federal Leasing, such as reported by its CEO Paul Witte in Richmond, Indiana.
Lease Police, located in Plano, Texas, has been down due to changes made by their service provider, and the decision has been made to move all files to a virtual server for not only better service, faster service, but a higher degree of security, according to Bernie Boettingheimer, CLP
On December 24, there were over 400 “autoresponder” responses from the Constant Contact email edition that readers had taken their vacation. While many said they would be back on Wednesday or Thursday, over half that were opened said it would not be until the first week of January--- several also mentioned not until January 7th.
Several mentioned the entire company would be closed until January.
It doesn't look like December will be a record month for the finance and leasing business, although retail may be better, most likely via the internet as weather halted many from leaving their residence.
The weather will be more a factor in the December sales than the fear of the "fiscal cliff."
It will be interesting to see how January starts, and if it anything like the last four years, the first quarter is usually the slower of the year. Be prepared to work harder!!! Don’t back off!
End of Year Alexa Report--Leasing News #1
Despite not being a daily media as the other finance/leasing media issue, Leasing News remains at the end of the year, with Google or other assistance, the most read on line equipment leasing on line news media.
The main reason comes from readers who send in information, tips, or make requests for follow-up or information that they are seeking.
Kit Menkin and Staff
Katherine Nordendahl, CLP, has been promoted at Bank of the West Equipment Finance Division, San Ramon, California, moving to the Healthcare Department, Vendor Group. She joined the bank in 1998 and was appointed assistant vice-president in 2005, promoted to vice-president Indirect Equipment Finance Division as a Marketing Officer August, 2011.
"Katherine has been an important contributor to our department for the last 15 years, Stephen P. Crane, Vice President & Marketing Manager | Indirect Equipment Financing, said. "While we are sad that she is leaving her role in our group, we are happy to see her career at Bank of the West advance."
Leasing Industry Help Wanted
For information on placing a help wanted ad, please click here:
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We made our Salvation Army Kettle Goal!
At the time of going to press, the kettle received $2,575
Thank you all who donated---and to those who said they also donated
Free OfficeSuite Professional 6 App
Verizon Apps will be closing in January 2013 opening up the battle between iPhone and Amazon. With the Android system overtaking iPhone, it leaves Amazon to battle Google.
In a marketing effort, Amazon is attempting to attract users with offers, such as free OfficeSuite Professional 6 App
It was free last time I went on, and you need to access from your digital device, not computer, where I found it free. I am sure there will be an up-date, that won't be free, but by then you can decide if you want to keep this or not. When not on sale, it was $14.99 at Amazon.
They have “free specials” every day as a promotion.
The program has Extended cloud support - now compatible with Microsoft SkyDrive with abilities to print, as well as access tools for word processing, developing spreadsheets, delivering presentations, and browsing PowerPoint and PDF files. Create, view, and edit Microsoft Word and Excel files.
The software features the most commonly used desktop document formats and includes a File Browse. The integration with Google Docs allows you to access your remotely stored documents.
The program supports Microsoft Office 97 to 2010 text documents - DOC and DOCX (open , edit, and save), Microsoft Office 97 to 2010 spreadsheets - XLS and XLSX (open , edit, and save), opening PPT, PPTX, PPS, and PPSX presentations, PDF files viewing, and integration with Google Docs.
Look for other free apps on Amazon.
### Press Release ############################
MicroFinancial Announces Increase in Bank Credit Facility
BURLINGTON, Mass., (GLOBE NEWSWIRE) -- MicroFinancial Incorporated (Nasdaq:MFI) a financial intermediary specializing in vendor-based leasing and finance programs for microticket transactions, announced that its operating subsidiary, TimePayment Corp., has increased its revolving line of credit from $100 million to $150 million with a six member bank syndicate led by Sovereign Bank, a subsidiary of Santander Holdings USA, Inc. and Banco Santander, S.A. (NYSE:SAN).
The credit agreement allows the Company to borrow up to $150 million against eligible lease receivables subject to a borrowing base calculation. The interest rate under the amended agreement continues to provide for either a Prime Rate based or a Libor Rate based borrowing at the Company's option and the maturity date of the amended facility was extended to December 21, 2016.
Richard Latour, President and Chief Executive Officer said, "Our ability to increase our line of credit in this challenging economic environment demonstrates a continued confidence in our Company. We are pleased to have increased our credit facility which, when combined with our strong cash flow from operations, will allow us to continue to provide our customers with the financial services they need to grow their business."
MicroFinancial Inc. (Nasdaq:MFI), is a financial intermediary specializing in microticket leasing and financing. MicroFinancial has been operating since 1986, and is headquartered in Burlington, Massachusetts.
About Sovereign Bank, N.A., Santander Holdings USA, Inc. and Banco Santander, S.A.
Sovereign Bank is among the top 25 banks in the United States with principal presence in Connecticut, Delaware, Massachusetts, Maryland, New Hampshire, New Jersey, New York, Pennsylvania, and Rhode Island. Sovereign has 721 branches, 2,195 ATMs and over 8,800 team members. Sovereign Bank's principal regulator is the Office of the Comptroller of the Currency (OCC). Sovereign Bank is a member of the Federal Reserve Bank System and the Federal Deposit Insurance Corporation ("FDIC"). For more information on Sovereign Bank, visit http://www.sovereignbank.com or call 877-SOV-BANK.
Santander Holdings USA, Inc. is a wholly owned subsidiary of Banco Santander, S.A., and parent company of Sovereign Bank, N.A.. Banco Santander is a retail and commercial global bank, with a presence in 10 main markets: US, Germany, UK, Poland, Brazil, Mexico, Chile, Argentina, Spain, and Portugal. Founded in 1857, Santander has more than 102 million customers, approximately 14,500 branches – more than any other international bank – and 188,000 employees. Santander was recently recognized as the Best Global Bank in 2012 by Euromoney magazine. For more information on Santander, visit http://www.santander.com.
#### Press Release #############################
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Element to Acquire Nexcap for $20 Million
Mortgage rates inch downward at year's end
A gallon of milk could cost $8 in 2013. Here’s why
Small Biz, the Fiscal Cliff, and the Big, Bad Bank
Tax scandals of the rich and famous--43 people
SparkPeople--Live Healthier and Longer
SparkPeople--Live Healthier and Longer
Make Your Resolutions On Purpose this Year
San Jose State thrives, wins bowl game after coaching upheaval
Possible dream matchups are within reach for first round of NFL playoffs
American Football Poem
“Every Good Boy Does Fine”
I practiced my cornet in a cold garage
In my first contest, playing a wobbly solo,
At my first basketball game, gangling away from home
In my first football game, the first play under the lights
I took my second chances with less care, but in dreams
You who have always homed your way through passages,
David Wagoner's “Traveling Light :From Collected Poems, 1956-1976
When my kids were growing up, I only had a few rules about participating in different activities: if you started something you had to finish it; if you played you had to do your best; and, you could always quit at the end of the season if you wanted to, it was your choice, not mine. As a result, they both seem to have grown up more confident than I ever was and are both willing to risk many things I never would.
All of us are probably haunted by our failures, but the real failures are those who are afraid to take the chances to do what they really want to do. There's no reason to play football, or participate in one particular activity, but it's a mistake not to play football or participate in a play simply because you're afraid you will fail. Failure is less destructive than not giving life a chance.
Needless to say, I don't consider this poem a failure.
Ray Kurzweil, Google meld minds
To Reach Younger Buyers, Vintners Think Outside the Bottle
Iron Ladies of Champagne
Salon.com partners with leading online wine merchant The Wine Spies to launch wine of the day store
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This Day in History
1722--Birthday of Elizabeth Lucas Pinckney . Left to manage her father's three plantations in the Carolinas when he was called back to Antigua as military lieutenant general. Not only did she experiment with various crops trying to produce one that would increase the plantations' income - plantations being agricultural businesses, not family farms - she developed a method whereby the touchy indigo plant could be raised in the harsher Carolina climate. The English government was enthusiastic and subsidized its growing as the U.S. government would later subsidize tobacco. Export reached in excess of one million pounds and was a major income source for the entire region. After her marriage, she developed a method for growing silkworms in the Charleston area and manufacturing silk. As a widow she would return to her family's plantations and manage them - successfully, as usual. Two of her sons were prominent in the new United States politics. Her first shipment of 17 pounds of indigo dye caused a furor in London as merchants found it equal to the dye from the French colonies. The English Parliament gave the South Carolina growers a subsidy. France made it a major crime to export indigo seeds but it was too late. Then ELP did the most unusual thing ... and perhaps the most feminist thing: she distributed the seeds from her crop to any colonist planter who wanted them instead of keeping the magic seeds to herself for her other gain. Within five years, the 17 pounds of dye had increased to 40,000 pounds. This output increased in time and became a major source of income for the fledgling United States that desperately needed cash. President George Washington served as one of the pallbearers at her funeral.
1732 -- The Pennsylvania Gazette carried the first known advertisement for the first issue of Poor Richard's Almanack by Richard Saunders (Benjamin Franklin) for the year 1733. The advertisement promised "many pleasant and witty verses, jests and sayings . . . new fashions, games for kisses . . . men and melons . . . breakfast in bed, &c." America 's most famous almanac, Poor Richard's was published through the year 1758 and has been imitated many times since. From The Autobiography of Benjamin Franklin: "In 1732 I first publish'd my Almanack, under the name of Richard Saunders; it was continu'd by me about twenty-five years, commonly call'd Poor Richard's Almanack. I endeavor'd to make it both entertaining and useful, and it accordingly came to be in such demand, that I reap'd considerable profit from it, vending annually near ten thousand. And observing that it was generally read, scarce any neighborhood in the province being without it, I consider'd it as a proper vehicle for conveying instruction among the common people, who bought scarcely any other books; I therefore filled all the little spaces that occurr'd between the remarkable days in the calendar with proverbial sentences, chiefly such as inculcated industry and frugality, as the means of procuring wealth, and thereby securing virtue; it being more difficult for a man in want, to act always honestly, as, to use here one of those proverbs, it is hard for an empty sack to stand upright."
1793 - Thomas Paine is arrested in France for treason. Though the charges against him were never detailed, he had been tried in absentia on December 26 and convicted. Before moving to France, Paine was an instrumental figure in the American Revolution as the author of Common Sense, writings used by George Washington to inspire the American troops. Paine moved to Paris to become involved with the French Revolution, but the chaotic political climate turned against him, and he was arrested and jailed for crimes against the country. While in prison, he continued to work on The Age of Reason and began an affair with actress Muriel Alette, who had been sentenced to death for being the mistress of a nobleman. Paine's imprisonment in France caused a general uproar in America and future President James Monroe used all of his diplomatic connections to get Paine released in November 1794. Ironically, it wasn't long before Paine came to be despised in the United States, as well. After The Age of Reason was published, he was called an anti-Christ, and his reputation was ruined. Thomas Paine died a poor man in 1809 in New York.
1832- The first vice-president of the United States to resign was the famous John C. Calhoun, who had served as vice-president of the US under two presidents (John Quincy Adams and Andrew Jackson ) Mar 4-1825-December 28,1832). Finding himself in growing disagreement with President Jackson, he resigned the office of vice president to fill the vacancy in the Senate caused by the resignation of Robert Young Hayne, senator from South Carolina . He spent most of his subsequent political life as a US Senator from South Carolina , a strong states right and pro-slavery, where he felt he was more effective than being a vice-president under a man he “despised.” advocate.
1832- In Missouri , St. Louis Academy (founded in 1818) was chartered as St. Louis University . It was the first Catholic university established in the U.S. west of the Allegheny Mountains .
1837- John A. Pitts and Hiram Abial Pitts of Winthrop, ME, received a patent for a “ machine for threshing or cleaning grain” employing steam. the machine separated grain from the straw and chaff.
1839 - The third storm in two weeks hit the northeastern U.S. It brought two more feet of snow to Hartford, CT, and Worcester, MA. Whole gales swept the coast causing many wrecks
1846- Iowa becomes 29 th state. The 29th state's name is derived from an American Indian word meaning ‘the beautiful land'. It is widely thought that Iowa 's nickname, the Hawkeye State , is in honor of Black Hawk, the famous Indian chief who led the Sauk and Fox tribes against the Iowa area settlers in the Black Hawk War of 1832. Iowa City was the first capital of Iowa . 11 years later, Des Moines , the state's largest city, became the permanent capital. The Iowa state bird is the eastern goldfinch, the state flower, the wild rose, and the state motto: “Our liberties we prize and our rights we will maintain.”
1848- Gaslight was turned on in the White House. James Knox Polk was the president.
1851- The Young Men's Christian Association was organized in the United States in Boston , MA . It was patented after a similar organization started in London on June 6, 1844. The first gymnasium was opened in New York City in 1869, and in the same year, the first separate boys' department was opened in Salem , MA . The first YMCA branch for African-American members was organized in Washington , DC , in 1853 by Anthony Bowen and Jerome Johnson, who served respectively as president and secretary.
1856-(Thomas) Woodrow Wilson, 28 th president of the US was born at Staunton , Virginia . Twice elected president (1912 and 1916,) it was Wilson who said, “The world must be made safe for democracy, “as he asked the Congress to declare war on Germany , April 2, 1917. His first wife, Ellen, died August 6, 1914, and married Edith Bolling Galt, December 18, 1915. He suffered a paralytic stroke, September 16, 1919, never regaining his health. There were many speculations about who (possibly Mrs. Wilson?) was running the government during his illness. His second term of office ended March 3, 1921, and he died at Washington , DC , Feb. 3, 1924. Wilson was the last president to be born in Virginia , the state where the most presidents of the US were from: George Washington, Thomas Jefferson, James Madison, James Monroe, William Henry Harrison, John Tyler, Zachary Taylor and Woodrow Wilson.
1867- David Groesbeck and Company, a member of the New York Stock Exchange, became the first stock brokerage to use a telegraph ticker. It was installed by the Gold and Stock Telegraph Company, New York City , on a lease of $6 a week from Daniel Drew, who also provided maintenance. It is considered the first “maintenance lease” in America . ( no option to purchase).
1869-Labor Day was inaugurated by the Knights of Labor, a workers' organization formed in Philadelphia , PA. the first states to declare Labor Day a state holiday were Oregon , In February 1887; Colorado , in March 1887; and New York , in May 1887. The annual nationwide observance of Labor Day was sponsored by the American Federation of Labor, which resolved in convention at Chicago, IL, On October 7, 1884, “ that the first Monday in September be set aside as a laborer's national holiday.” On June 28, 1894, Congress designed the first Monday in September a legal holiday for federal employees and for the District of Columbia . The first Labor Day parade was held in New York City on September 5, 1882, under the auspices of the Central Labor Union. It featured musical bans and 10,000marchers who carried placards reading “ Less Work and More Pay,” “Less Hours, More Pay.” “Labor Pays All Taxes, “ “Labor creates All Wealth,” “To the Workers Should Belong the Wealth,” and “The Laborer Must Receive and Enjoy the Full Fruit of his Labor.”
1881- Jess Willard, Boxer born at Pottawatomie County , KS . The towering Willard, 6' 6 ¼” tall, took the heavyweight title from Jack Johnson in a fight oat Havana , Cuba on April 5, 1915. He defended his title only once in four years and then lost it to Jack Dempsey on July 4, 19191. Died at Los Angeles , CA. December 15, 1968.
1891- Thomas Alva Edison of Menlo Park , New Jersey , received a patent for a “means of transmitting signals electrically.” In the patent, he stated that “signaling between distant points can be carried on by induction without the use of wires connecting such distant points.” Marconi in 1894 experimented with hertzian waves to communicate wireless telegraph and Nathan Stubblefield, claimed he invented it earlier
1897 - The temperature at Dayville , OR , hit 81 degrees to establish a state record for December
1903—Pianist/composer Earl “Fatha” Hines Birthday
1903-Birthday of , Fanny "Bobbie" Rosenfeld - celebrated Canadian track and field athlete, named Canada 's woman athlete of the half-century. In the 1928 Olympics, she won a silver and gold. She excelled in almost every sport from hockey to softball and did it on her own since there were no coaches for women at the time. She became a sports columnist.
1905-- legendary jazz pianist Earl (Fatha) Hines was born in Pittsburgh. Hines, whose complex rhythms influenced musicians for five decades, began his career in the 1920's. Jazz took a revolutionary turn in that decade because of the recordings he made, both as a solo artist and with Louis Armstrong's Hot Five combo. In the 1930's and '40s, Hines led his own big band, and among those he helped to stardom were Dizzy Gillespie, Sarah Vaughan, Charlie Parker and Billy Eckstine. A forgotten figure in the 1950's, he reappeared in the following decade for concerts and recordings, even turning up on rock guitarist Ry Cooder's album "Paradise and Lunch." Earl Hines died of a heart attack at his home in Oakland, California, on April 22nd, 1983.
1908- Otto Zachow and William Besserdick of Clintonville , WI obtained a patent for a four wheel brake for cars, calling it a “power applying mechanism”, quickly adopted by the car industry who were employing a hand brake against one wheel..
1912- guitarist Billy Markel born Baltimore , MD
1921--Singer/Band Leader/Disc Jockey/Musician/Politician Johnny Otis was born in Vallejo , California . I listed to him with "Willie and the Hand Jive" as a disc jockey as I grew up in West Los Angeles , California , saw many of his small and large bank performances, the last at the San Jose Fairmont Hotel. He is a painter/sculptor, and still plays music and appears as on radio every Saturday.
1924 - Iowa experienced it coldest December morning of record. Morning lows averaged 25 degrees below zero for the 104 weather stations across the state
1924-- rhythm-and-blues bandleader and singer Johnny Otis was born in Vallejo, California. His first big hit was "Willie and the Hand Jive" in 1958, but he had begun recording in the late 1940's. Otis was also responsible for discovering such artists as Little Esther Phillips, Jackie Wilson, Little Willie John and Hank Ballard. He had a hit radio show in Los Angeles in the late 1950's and 1960's, and kept his band going, moving to Sebastopol, California (Santa Rosa area) where he paints to this day.
1932---Birthday of actress Nichelle Nichols, first black woman regularly featured on a weekly TV show, activist of great force in NASA's first recruitment drive of minorities and women, but better known to Trekkies as Uhura of the Star Trek series, Whoopi Goldberg in the eulogy of Star Trek originator Gene Roddenberry's funeral with whom Nichols had been lovers said that 25 years earlier she was a kid from the projects who saw Uhura as "The only vision of black people in the future," autobiography Beyond Uhura: Star Trek and Other Memories (1995).
B. 12-28-1934, Maggie Smith, British screen
1938- Ziggy Elman cuts “Fralich in Swing.”
1938---Birthday of Charles Neville (The Neville Brothers)
1940- Herb Jefferies cuts “Flamingo” with Duke Ellington Band, Chicago
1944- Leonard Bernstein scores his first big hit when his musical On the Town, featuring the song "New York, New York," opens on Broadway.
1945- The US Congress officially recognized the Pledge of Allegiance and urged its frequent recitation in America 's schools. The pledge was composed in 1892 by Francis Bellamy, a Baptist minister. At the time, Bellamy, was chairman of a committee of state school superintendents of education, and several public schools adopted his pledge that year as part of the Columbus Day quadricentennial celebration that year. In 1955, the Knights of Columbus persuaded Congress to add the words “under God” to the pledge.
1949- 1949--Top Hits
I Can Dream, Can't I? - The Tommy Dorsey Orchestra (vocal: Jack Leonard)
A Dreamer's Holiday - Perry Como
Dear Hearts and Gentle People - Bing Crosby
Mule Train - Tennessee Ernie Ford
1952- The Sonotone Corporation, Elmsford , NY , offered for sale a hearing aid using transistors. It weighed 3.5 ounces and was three inches long.
1954-Denzel Washington actor ("St. Elsewhere," Glory, Malcolm X), born Mount Vernon , NY .
1955 - Anchorage , AK , was buried under 17.7 inches of snow in 24 hours, a record for that location. 1958 - Albuquerque , NM , received 14.2 inches of snow to establish a 24 hour record.
Jailhouse Rock - Elvis Presley
At the Hop - Danny & the Juniors
Great Balls of Fire - Jerry Lee Lewis
My Special Angel - Bobby Helms
1957-- "At the Hop" by Danny and the Juniors reached the top of the U-S charts. The song by the Philadelphia street-corner group was originally called "Do the Bop," but the title and lyrics were changed at the suggestion of Dick Clark.
1958-- Chipmunks (Alvin, Simon & Theodore with David Seville) hit #1
1959-- Frankie Avalon's "Why" hits #1
1961-The first airline to carry 100 million passengers was American Airlines, New York City, which selected pioneering aviator Lieutenant General James Harold Doolittle, chairman of the board of Space Technology Laboratories, Los Angeles, as the national symbol of the 100,000,000 th passenger and presented him with a crystal bowl this day.
1963-The single "Dominique" and its companion LP "The Singing Nun" top the Billboard singles chart and album chart respectively. So far, the 45 has sold over 700,000 copies and the LP, 670,000.
1963-A quartet from Minneapolis, Minnesota who called themselves The Trashmen saw their first release, "Surfin' Bird", enter the Billboard Hot 100 where it would reach #4 during the first week of February, next year. The song is a combination of two R&B hits by The Rivingtons: "Papa-Oom-Mow-Mow" and "The Bird's the Word".
1963--- The magazine The New Yorker publishes an interview with Beatles manager Brian Epstein in their "Talk of the Town" column about the band's upcoming Ed Sullivan gig -- the first major press the group has received in the US.
1964--- Trumpeter Hugh Masekela is a featured guest on CBS-TV's game show To Tell the Truth.
Over and Over - The Dave Clark Five
I Got You (I Feel Good) - James Brown
The Sounds of Silence - Simon & Garfunkel
Buckaroo - Buck Owens & The Buckaroos
1967-- Muriel Siebert pays $445,000 plus $7515 initiation fee to become the first woman to own a seat on the New York Stock Exchange.
1968 - The (double) album named "The Beatles" (called by most, "The White Album") was #1 in the U.S. It was the Beatles' first album on their own Apple label and was #1 for nine weeks. The tracks: "Back in the U.S.S.R.", "Dear Prudence", "Glass Onion", "Ob-La-Di Ob-La-Da", "Wild Honey Pie", "The Continuing Story of Bungalow Bill", "While My Guitar Gently Weeps", "Happiness is a Warm Gun", "Martha My Dear", "I'm So Tired", "Blackbird", "Piggies", "Rocky Raccoon", "Don't Pass Me By", "Why Don't We Do It in the Road", "I Will", "Julia", "Birthday", "Yer Blues", "Mother Nature's Son", "Everybody's Got Something to Hide Except for Me and My Monkey", "Sexy Sadie", "Helter Skelter", "Long, Long, Long", "Revolution I", "Honey Pie", "Savoy Truffle", "Cry Baby Cry", "Revolution 9", and "Good Night".
1968-The Doors' "Touch Me" is released. With a guitar intro strongly influenced by The Four Seasons' "C'mon Marianne", the song would reach #3 on the Billboard Hot 100, #1 in Canada, #10 in Australia.
1968- The first major rock concert on the East Coast, the Miami Pop Festival, takes place, a three-day affair featuring Chuck Berry, Marvin Gaye, The Turtles, Joni Mitchell, Procol Harum, Steppenwolf, Canned Heat, Iron Butterfly, The McCoys, Fleetwood Mac, The Box Tops, Three Dog Night, Pacific Gas and Electric, and The Grateful Dead.
The Most Beautiful Girl - Charlie Rich
Goodbye Yellow Brick Road - Elton John
Time in a Bottle - Jim Croce
If We Make It Through December - Merle Haggard
1974-- Helen Reddy's "Angie Baby" hits #1
1978- Ohio State University football coach Woody Hayes punched a player from Clemson University during Clemson's 19-15 victory in the Gator Bowl. Hayes was upset that the Buckeyes were losing, but OSU official were upset, too. They fired Hayes for the incident.
1978--- 30th hat trick in Islander history (Mike Bossy
1981-The first child born in the United States through in vitro fertilization was Elizabeth Jordan Carr, born at Norfolk Hospital , Norfolk , VA.
Physical - Olivia Newton-John
Waiting for a Girl like You - Foreigner
Let's Groove - Earth, Wind & Fire
Love in the First Degree – Alabama
1981-Warner Brothers Records, which includes Elektra and Asylum, follows the lead of RCA and raises its price for 45 rpm singles to $1.99.
1984---Singer Michael Jackson won a record eight Grammy Awards at the presentation ceremony in Los Angeles. But he lost the best song award to "Every Breath You Take," written by Sting for the Police. Jackson's Pepsi commercial - the one in which he was injured when his hair caught fire - premiered that day on MTV.
1987 - A winter storm produced heavy snow in the Upper Mississippi Valley and the Upper Great Lakes Region. Up to twenty inches of snow buried southern Minnesota , and 20 to 40 mph northwesterly winds produced snow drifts six feet high, and reduced visibilities to near zero at times in blowing snow. There were a thousand traffic accidents in Michigan during the storm, resulting in thirty-five injuries.
Another Day in Paradise - Phil Collins
Don't Know Much - Linda Ronstadt (featuring Aaron Neville)
Rhythm Nation - Janet Jackson
A Woman in Love - Ronnie Milsap
1996 - Canadian singer Alanis Morissette won four major Grammy Awards, including album of the year and rock album of the year for "Jagged Little Pill." She also picked up trophies for best rock song and best female rock vocal performance, both for her single "You Oughta Know." Canadians picked up a total of 11 Grammys, including two by Joni Mitchell for her album "Turbulent Indigo." Faith Hill won the best country album Grammy for "The Woman in Me."
2003 - A severe snow storm hit northern California and southern Oregon. As much as 2 feet of snow fell along Interstate 5 closing a 150-mile stretch of the interstate, stranding hundreds of travelers. Winds from the storm caused power outages to more than 200,000 customers in California and Oregon. One man died of a heart attack after helping other drivers.
2004 - Los Angeles (downtown) broke a daily rainfall record for the month of December (5.55 inches). This was the third wettest calendar day in Los Angeles since records began in 1877.
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