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Headlines---
Classified
Ads—Senior Management
---
Giffin Back at Balboa Capital
Congress
Paints Leasing for the Rich
eBay
Leases via Direct Capital
Offshore
jobs move down the food chain
General
Electric Names Three New Officers
Wells
Equip. Finance at Lessors Network Conf.
R.
David Hoover to Irwin Fin. Board
Randy
Freeman New VP at Irwin Finance
Phil
Green/ De Lage Landen SE Asia
Grand
Rapids Press---Neal W. Ranstead obituary
######## surrounding
the article denotes it is a “press release”
|
About the Company: A successful, well-respected broker, well-established family owned broker with outstanding funding capabilities. Located in Scottsdale, AZ. www.mediacap.com |
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Classified
Ads—Senior Management
“Please
remove my classified ad from the senior management positions wanted
classifieds in your news letter.
“As
a direct result industry of networking and the ad, I am now happily
engaged in the small ticket leasing industry again.
Thank
you for providing this service to those who are in career transition.”
Senior
Management: Tampa FL.20+ years of small to middle ticket finance, operations
and sales management experience. Outstanding record of revenue enhancement,
operational improvement and team development. Email: rlindcpa@earthlink.net
Sincerely,
Reg
Lindholm
VP & General Manager
Ervin Leasing - Suncoast Division
16313 North Dale Mabry, Suite 102
Tampa, Florida 33618
Voice: (813) 968-6177 ext.114
Fax: (813) 960-5000
Email: rlindholm@ervinleasing.com
Here is the revised list:
Senior
Management: Baltimore, MD
25
year veteran of commercial and equipment leasing seeking a senior management
position with leasing or asset based financing company in the southeast
(Florida preferred)
Email:
kellogg_md@yahoo.com
Senior
Management: Chicago, Illinois
Twenty
plus years. Senior sales and marketing management most recently Building
"businesses" from scratch. Leveraging leadership, administrative,
operations, financial, auditing background. WANTED: challenging new
opportunity. Email: edok@sbcglobal.net
Senior
Management: Denver, CO. Fortune 500 GM/SVP wants to team up with aggressive
lender looking for Western expansion mid-market equip. finance/leasing.
20+ years experience within Rocky Mountain/ Southwest and Ca markets.
Email:
legal@csotn.com
Senior
management: Hope, NJ.
25
years in optimizing call center operations, collections, billing, and
back end revenue generation. Experienced in $7 + billion dollar portfolios.
Verifiable achievements.
E-mail:
cmate@nac.net
Senior
Management: Irvine, CA.
Credit
executive, portfolio manager and syndication facilitator. Extensive
business building experience in small and mid-ticket operations. Highly
innovative. Fortune 100 audit and technology skills. Bottom-line manager.
Email: lenhubbard@bigfoot.com
Senior
Management: Long Island, NY
Degree
Banking/Finance. 13 years leasing exp. Now prez young leasing company
where promises were not met. Interested in joining established firm
with future. Email:bob33483@yahoo.com
Senior
Management: Portfolio Management Consultant; 25+years experience in
Collections, Customer Satisfaction, Asset Management, Recoveries, Continuous
Process Improvement, Back end Revenue Generation, Cost per Collection
Analysis. $5+Billion Portfolio expertise. Email: efgefg@rogers.com
Senior
Management: San Francisco, CA., 25 years experience w/global leasing
company, sales,marketing,business dev., P&L responsibility, asset
mgmt, brokering and re- marketing. Interested in joining an est. firm
with a future. Email:rcsteyer@yahoo.com
Senior
Management: Somerville, NJ.
28
year veteran in Construction Equipment/ Transportation.
Full
P&L responsibility, profit driven, team builder, sales manager,
strong portfolio management skills. Will consider relocation. email:
leasingman_95@hotmail.com
full list of all classified ads at:
http://64.125.68.90/LeasingNews/JobPostings.htm
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Surprise!
Surprise! Surprise!
----Giffin Back at Balboa Capital
http://www.utdallas.edu/police/wavs/nobadges.wav
It
was a real big surprise to President Patrick Byrne, co-founder of Balboa
Capital, one of the largest privately held lessors in the world, when Shawn Giffin showed up at work yesterday morning.
It
came in the form of an e-mail memo that was also sent to all the department
managers:
“Good
morning!
”I am pleased to announce my return to Balboa Capital
full time and permanently as of today (2/23).
Although I enjoyed my leave and the opportunities it
presented me, I am fired up to come back and work with
each of you to accomplish your goals and those of the
organization.
”Your chosen theme for the year of ‘Old School’
represents perfectly my mindset upon return. In
getting back to basics, we recognize that our people
are our greatest competitive advantage. I look
forward to working constructively with each of you to
make certain that philosophy is well integrated into
our strategic decisions.
”I appreciate each and every one of you - for your
devotion to this company, your professional skills,
your integrity, and your really cool hair. Your work
ethic and commitment to excellence are the qualities
which make Balboa Capital a special company. For my
part, I am refreshed, invigorated, and ready to win
with you in 2004 and beyond.
”I will be making the rounds the next few days to catch
up on things, so I look forward to speaking with you.
If you joined the company during my leave, please
swing by so I can introduce myself.
”Thank you for your support. I am extremely optimistic
about what we will accomplish together.”
Leasing
News had heard this rumor last week that Shawn Giffin would be returning. We then asked Patrick Byrne if there was any
truth to what we had been hearing.
“Frankly, I don’t know what Shawn is doing but he is still an owner
of the company and if he wants to come back he can. I do know that everyone at Balboa is focused and committed to creating
a great leasing company.”
Byrne had taken a two year sabbatical and came back to the helm
in late September of last year.
It was then Giffin turn to take
some time off, they both said.
Since that date, Byrne was back in the swing of things, increasing
originations, creating a more sales friendly environment, improving
credit and funding processes using Six Sigma, cleaning house, increasing
customer service, finding fraud from vendors and salesmen, starting
a broker division, the first time in 15 year history, hiring Curt Lynse,
formerly with GE-Colonial Pacific, working on a national
vendor program division, and getting the company moving
in a very competitive manner.
“I’m thrilled to be back, “ Shawn Giffin told Leasing News. “My head
is clear. I’m invigorated.
This is a great company.”
Asked about his ability to get along with the other major share holder,
he said, ‘ Pat has a unique
set of skills, as I do. I think
we are
very complimentary working together. The point is I am fired up
and am really glad to be back at work. I love it! “
Asked about what his title would be, he said, “Titles aren’t important
to Pat or I. “
Here is the article on the return of Patrick Byrne to the helm of
Balboa Capital.
September 25,2003
Byrne is Back at the Helm of Balboa Capital
After celebrating 15 years with Balboa Capital of Irvine, California, a company he
" I love the company and am extremely proud of our employees, " he said.
" I believe it's the right time for other leadership to assert itself.
That's all there is to it. If I am needed, I am prepared to jump back in. My biggest
customers an outstanding experience."
It should be noted that Patrick Bryne took time off to obtain an MBA and
pursue other interest in 2000. He has been back in the company full
time since the first of the year."
1993-Balboa Capital Corporation ,VP Finance Shawn Giffin, CLP (left) congratulates President Patrick E. Byrne, CLP. The Western Association of Equipment Leasing member firm was recently ranked #67 overall on the Inc. 500 list.
WAEL Newsline
“The Balboa Capital story represents the true American dream of turning an entrepreneurial vision into reality. Formed in 1988 by two co-founders, Patrick Byrne and Shawn Giffin, the company has grown rapidly to become a nationwide leader in providing specialty commercial financial products to its customers. Today Balboa Capital has 7 offices across the country: Irvine, Los Angeles, San Francisco, Phoenix, Denver, Nashville and New York. Twice "Inc. Magazine" has recognized the company as one of the 500 fastest growing privately-held companies in the country. In 1997, Balboa Capital was honored by Ernst & Young, USA Today and Inc. Magazine as the Orange County Entrepreneur of the Year.
"Our entire team is committed to providing you the expertise you need, and personal service you deserve. I am proud of my fellow employees and the company we have built together."
- Shawn Giffin, President
"Your success is our success. By working together, we create an outcome which is
- Patrick Byrne
http://www.balboacapital.com/corporate/history.html
Reportedly the company at one time was doing $100 million a year in leases, securitizing them; perhaps the largest privately held company today. El Camino Resources in Southern California, who sold to GATX, and ATEL Capital, founded by AJ Batt and sold 75%
“Aloha Kit,
“I noticed in the headlines of your newsletter today that you would be
breaking a "big" story on my "return" to Balboa; therefore, I thought that
you and your readers should have the facts.
“I have actually been back at Balboa on a daily basis since the beginning of
the year focusing on the Marketing and Operations side of the business.
Prior to the beginning of the year, I took a sabbatical from Balboa for a
little over two years. While I remained active on the Balboa's board as
Chairman during my sabbatical, I got involved in some other areas. I
consulted and invested in some early stage companies; I started a real
estate company; I invested, and then divested, ownership in some bars and
restaurants; I completed a joint MBA degree from Columbia and The London
Business School; I married a beautiful woman, and we now have incredible
baby boy. I feel my time away from the day-to-day activities of Balboa
allowed me to gain a better perspective on Balboa and made me a more
valuable contributor. I love being back at Balboa and connecting and
re-connecting with the great group of people that work here.
“Now my partner, Shawn Giffin, has chosen to take a sabbatical from the
day-to-day activities of Balboa. Shawn continues to be an owner of the
company, a board member, and he will continue to work on various strategic
projects for the company.
“I can certainly empathize with his decision. He has been working at Balboa
for almost fifteen years and he has been heading the company for the last
three years. The last three years in the leasing business have not been
easy. The good news is that Balboa is a survivor; the bad news is that we
have not grown as fast as we would have liked. Many of your readers may
have encountered a similar situation. Shawn has earned and deserves a
break.
“Balboa continues to be a very vibrant company with a lot of great momentum
This has not, and will not, change.
“Kit, you provide an invaluable service to the Equipment Leasing Industry. I
hope all is well.
“Kind regards,
Pat
Patrick Byrne pateb@balboacapital.com
There were rumors floating around recently as Patrick Byrne personally visited
Balboa Capital has graduated many to start their own leasing companies. Most notably
The mission today:
“WE HAVE A PASSION FOR CUSTOMER SERVICE
WE ARE A TEAM
WE EMBRACE RESPONSIBILITY
WE STRIVE FOR CONTINUED SELF IMPROVEMENT
WE REQUIRE CONSTANT INNOVATION
WE DEMAND INTEGRITY”
http://www.balboacapital.com/corporate/mission.html
|
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http://www.utdallas.edu/police/wavs/Dragnetfreeze.WAV
Congress Paints Leasing for the Rich
by Christopher
Menkin
It appears Congress is on a rampage against tax shelters,
and large “sale/leaseback” special utility and government leasing, including
overseas. The Congressional brush is so large that it paints other leasing
transactions, and to be elected this year, knock down leasing,
bank loans, and there is even talk of making more changes in Small Business Administrative
loans, meaning not only tightening up the money available, but changing
requirements, such as guaranteeing only 50% of the loan.
This is a presidential election year, promising to be not
only
another close one, but much dirtier than the last. The spill
out is on business, who seem to always be painted the “bad guys.” We send
jobs and manufacturing overseas because it is too expensive
here, and all business wants to do is make a profit. Heavens forbid!!!
Ralph Nader is running on this premise, pushing both Democrats
and Republicans away from being “too close” to special interests ( as if “special interest” is viewed worse
than any swear word; as if promoting your business or your interest
is akin to stealing, or worse yet, marrying a person of your same sex.)
It is true that we
have several front page business
trials in progress with some sensational dollar amounts and lifestyles
from a Jacqueline Susann novel: Kozlowski et. el at Tyco,
Worldcom, Enron, Michael J. and John J. Rigas at Adelphia, and it even appears the so-called perfect Martha Stewart
was evidently caught in obstructing justice.
She even bills her
company for buying Starbucks coffee at a Mexican
retreat!!!
Not that leasing is
not viewed as a “tax gimmick” or even “bad boys,”
as evidenced by all
the companies that took both vendors and applicants such as Commercial
Money Center, MSM Capital, or the
hundreds of advance
rentals not returned to applicants when the
the lease does not
move forward ( yes, hundreds per year.)
Both the U.S. Senate and Congress have been getting headlines
in the major newspapers, not just the business sections, but the front
page about how leasing is creating “tax shelters” for the rich. The
only voice that protests seems to be Michael Fleming, president of the Equipment Leasing Association. Even the Association of Government Leasing
and Finance says the transactions don’t affect the great majority of
their member’s transaction, so evidently they want to be left out of
the fray.
None of the other leasing associations have taken a stand,
let alone do they seem to be interested.
While the Public Broadcast System does not get the TV ratings
of “The Survivors,” it is viewed by those who are actively involved
in the political process, and as important, the business editors, writers,
and journalists interested in the PBS viewpoint.
Leasing News asked its readers to watch the broadcast.
Several told us they were appalled at leasing be held as a “trick”
or “tax shelter for the rich.”
Rosanne Wilson said her view was that the show “...cast a
shadow of ‘evil” on big Banks and Lessors (leaving) the viewer wondering
if we were all cheating.”
Here is here e-mail:
“I
was glad I caught the segment on PBS last night thanks to you informing
your readers earlier in the week. I watched the entire program and oh
boy was that a powerful segment. It really opened my eyes.
“Clearly
the cases that segment focused on were obvious abuses of leasing in
my opinion. I believe that there has to be "substance"
in a transaction. The cases in the PBS segment definitely lacked
"substance". The government will no doubt define "substance"
and make this a requirement. But the PBS segment also cast a shadow
of "evil" on big Banks and Lessors that left the viewer wondering
if we were all cheating. That's just my take on it.
“How
about the rest of our viewers?? I would love more feedback.”
Rosanne
Wilson
Friday’s ELT News---
Arlington,
VA—February 20, 2004—The Equipment Leasing Association (ELA), the non-profit
association representing the $218 billion equipment leasing and finance
industry, today released a statement in response to a segment on the
PBS television show Frontline called "Tax Me If You Can,"
which aired Thursday, February 19.
“We
were taken aback by some of the language used in the Frontline segment
and ELA wishes to clarify some of the statements used,” said Michael
Fleming, ELA President. “The industry welcomes a policy discussion around
the appropriate role for leasing to tax-exempts. But, calling a legal
business practice a scheme or fraud, that is inappropriate. Inflammatory
statements, such as the ones made in the television segment, make it
difficult for policy makers and an industry to address a very serious
policy subject.”
Fleming
points out that the equipment leasing and finance industry provides
significant, much-needed capital and jobs across many different industries,
companies and organizations.
“Calling
an industry that contributes so much ‘a bunch of hucksters’, isn’t appropriate,”
said Fleming. “If current law doesn’t work, then let’s have a civil
discussion about what would work. We certainly are willing to address
the issues.”
Critics
of leasing have attempted to depict some finance leasing to tax-exempt
entities negatively to justify efforts to change longstanding and well-established
tax principles surrounding the leasing industry.
“Leasing
levels the economic playing field between profitable taxable entities
and non profitable or tax-exempt entities with regard to the cost of
acquiring equipment,” notes Fleming, citing that for decades Congress
has encouraged investment in capital goods through tax depreciation.
“Tax depreciation allows an entity to recover the investment made in
an asset. Congress and the courts
have affirmatively provided for lessors to utilize tax depreciation
when leasing to taxable corporations as well as tax-exempt entities.”
The
current policy debate on lease financing to tax-exempts has focused
increasingly on the nature of the asset, the geographic location of
the asset and the nature of the lessee, as was the focus of the Frontline
segment.
“However,
all of these considerations have been and should remain unimportant
under well established legal and tax principles,” said Fleming. “The
appropriate tax treatment of a sale and lease of a transit facility
by a governmental entity in Frankfurt, Germany, for example, should
be no different than the sale and lease of a transit facility by a governmental
entity in Frankfurt, Kentucky.”
Contrary
to what the PBS story depicted, the leasing industry is not opposed
to the doctrine of economic substance, asserts Fleming. The economic
substance doctrine is already the law, established by regulation and
court decisions and is enforced through the IRS. The industry, said
Fleming, is opposed to the statutory codification of the doctrine, not
to the doctrine itself, because it will make the doctrine too rigid
and create enforcement headaches. This opposition to codification is
shared by the United States Treasury Department.
#
# #
About
The Equipment Leasing Association
Organized
in 1961, the Equipment Leasing Association (ELA) is the premier non-profit
association representing companies involved in the dynamic equipment
leasing and finance industry to the business community, government and
media. As the voice of the leasing industry, ELA promotes the estimated
$218 billion industry as a major source of funds for capital investment
in the United States and abroad.
ELA
provides its members with comprehensive services, assists in the resolution
of industry issues, educates financial decision-makers on the benefits
of leasing and promotes high standards of business practices within
the industry. ELA maintains an informational portal for financial decision-makers
to learn more about leasing and find a leasing company at http://www.LeaseAssistant.org.
Headquartered in Arlington, Va., ELA has more than 800 member companies
and a staff of 25 professionals. For more information on ELA, please
visit ELA Online at http://www.ELAOnline.com.
-----------------------
Others had a different take on it:
It is my opinion that to stop abusive shelters the inclusion of the
so
called "experts", such as the lawyers and accountants who
provide the
opinion letters to the shelter, as primary penalty targets would be
the most effective deterrent in these
cases. Targeting the investor who holds an opinion of accountant
and an opinion of counsel saying the shelter is legal under the law
and is valid under FASB seems unfair and ill-conceived. Unless the investor
"knew" the shelter was abusive, the experts should pay the
fines, lose their houses, do whatever jail time and lose their license
to practice.
Why should some grandmother in Duluth (Or beneficiary of a managed trust
for that matter) lose his/her/their house when it was the "experts",
by prostituting themselves, who provided the "sales material"
for the shelter to sell to the investor in the first place?
I believe that the leasing industry should bring a request to the
administration for the issuers of opinion letters to be the first target
of
criminal prosecution. Clean these folks out and the abusive shelters
will die a natural death.
The leasing industry needs to protect the "investors" so they
can invest in valid shelters and lease portfolios another day.
It is the "outside experts" who will ruin the industry for
personal gain while those who make their living at it will suffer.
Jim Hill
Private Label Leasing, Inc.
mailto:jahill@leasingservice.com
800-451-6567 Voice/Fax 866-571-3921
PBS Attacks Leasing Tax Shelters
http://www.leasingnews.org/#pbs
http://www.pbs.org/wgbh/pages/frontline/shows/tax/shelter/producer.html
###
Press Release ##############################
http://www.utdallas.edu/police/wavs/jmonline.wav
Direct
Capital Launches Equipment Financing for eBay Customers
“The shift has further fueled eBay's breakneck growth. Small
businesses bought $2 billion worth of products on eBay last year, twice
what they did in 2002.
About 430,000 individuals and small businesses make their
livings from eBay — nearly three times the number in late 2002. And
there are 1 million business-related listings on eBay, twice that of
a year ago.”
http://www.usatoday.com/money/smallbusiness/2004-02-22-ebay_x.htm
Direct
Capital Corporation announced that its equipment financing service is
now available to buyers and sellers of business equipment and office
technology on eBay, The World’s Online Marketplace.
Many
small businesses, across a variety of industries, are turning to eBay
to save money purchasing new and used equipment for their businesses.
Now, with an integrated financing option available on eBay, businesses
have greater access to capital and a more convenient way to equip their
businesses.
Equipment
Financing for eBay, provided by Direct Capital, offers business buyers
financing options for industrial equipment and information technology,
priced at $2,000 or higher. Additionally, Direct Capital provides inspection
checks to ensure the quality of the products being sold. The equipment
financing offering applies to business purchases across a broad range
of eBay categories including computers, networking, telecom, construction,
agriculture, metalworking, restaurant, commercial printing and medical
equipment.
“Equipment
financing is a great fit for eBay because it enables buyers to securely
purchase products for their businesses and spread the costs affordably
over time,” said Jim Broom, CEO of Direct Capital Corp. “At the same
time, buyers can preserve working capital, leverage significant tax
advantages, and bundle in shipping costs. Sellers benefit from the reimbursement
of eBay final value fees, attracting more buyers, and have the added
assurance of selling to pre-approved bidders.”
Use
of the equipment financing program is streamlined for both sellers and
buyers. Sellers simply enroll in the program and include a link to the
financing service within their eBay item listings. Buyers complete an
online application and, once approved, are able to purchase items on
eBay up to a specified financing amount. Once a transaction is completed
on eBay, Direct Capital will remit to the seller, via PayPal, the purchase
price of the item, the eBay final value fee, and any associated PayPal
fees.
Walter
Kond, owner of Miacom, a Miami-based worldwide manufacturer of specialty
computers, is one customer who already benefited from the new financing
option available on eBay. “We recently financed equipment for our business
on eBay through Direct Capital. The service was excellent. We were approved
within hours, which enabled us to quickly win an auction for equipment
we were searching for on eBay. We were even able to add the shipping
costs into our monthly payments. The whole process was fast and secure.
This is an excellent program and I recommended it to any eBay buyers
that need equipment for their business.”
The
Equipment Financing Program can be accessed directly at eBay Business
www.ebaybusiness.com. Available since last year in January 2003, the
eBay Business page brings together all business-related listings on
eBay into one destination, making it easier for small businesses to
find the equipment and supplies they need. With more than one million
listings of business items at any given time, small businesses across
a wide range of industries have discovered that eBay is a great place
to find significant savings on capital equipment, office technology
and wholesale lots.
For
more information about Direct Capital visit www.directcapital.com.
### Press Release ##############################
|
|
Offshore
jobs move down the food chain
By Leigh Weimers
San
Jose Mercury News
It
was only a matter of time, I guess, before off shoring (having high-wage
jobs in the United States performed by low-wage workers abroad) would
move beyond the big corporations and into the realm of small businesses
-- and those who woo them.
San
Jose CPA David Mullen is among those who've received mail invitations
for a $47 two-hour seminar Thursday on how to export his accounting
work to India. ``Charge your accountant out at $80 an hour,'' the flier
trumpets. ``Pay them $8 an hour.''
``I
find this whole idea greatly offensive,'' Mullen says, but that's not
stopping the seminar's organizer, Wyoming-based Bridge21 and its founder,
K.C. Truby. Truby, who claims to be the world's largest trainer in the
use of QuickBooks, a PC accounting package, has set up a Web site (http://accountantsinindia.com)
extolling the accountants in India he's trained. He says they're all
ready to perform American accountants' bookkeeping data entry, tax return
preparation, payroll and other tasks at cut rates.
``Clients
don't care,'' Truby's pitch notes. Mullen does. ``I am definitely small
potatoes in the accounting game,'' he says (he's a one-man shop), ``and
if they are reaching this far down the food chain with outsourcing,
this problem is far greater than I supposed it to be.''
Perhaps
the next telemarketer to find out if the company wants to lease will
be from India with an English accent.
http://www.utdallas.edu/police/wavs/barneynipit.wav
###
Press Release ##############################
General
Electric Names Three New Officers
FAIRFIELD,
Conn.----General Electric has announced the appointment of three new
company officers.
Ron
Carapezzi, 45, is President, GE Commercial & Industrial Financing,
part of GE Commercial Equipment Financing (CEF). Prior to this, Ron
was
SVP & General Manager for CEF's US Equipment Financing business.
Ron spent 15 years with CEF, during which time he began the successful
Capital Funding unit. Ron left CEF in 2001 to become Senior Managing
Director of GE Merchant Banking. A 20-year GE veteran, Ron began his
GE career in the Financial Management Program (FMP), taking on assignments
in the U.S. and the Middle East. Ron also held various sales and sales
leadership positions throughout the U.S. Ron holds a B.A. in Finance
from Fairfield University.
Shane
Fitzsimons, 36, is Vice President of Financial Planning & Analysis
at GE Corporate. Previously, Shane was General Manager, Finance at GE
Engine Services, a business unit of GE Transportation. He has held several
financial leadership positions at GE, including financial planning &
analysis at aircraft engines, commercial finance for plastics in Europe,
and financial analysis at corporate. Shane joined GE in 1994 following
seven years of experience in public accounting, where he qualified as
a Chartered Accountant with the Institute of Chartered Accountants in
Ireland.
Stuart
Sinclair, 50, has recently been appointed President and CEO of GE Financial
Services, China. Prior to this, he was Regional Managing Director of
the UK and Ireland region of GE Consumer Finance. He also held the position
of CEO of GE Consumer Finance's UK business between 1999 and 2002. Stuart's
previous roles prior to joining GE in 1999 include CEO of Tesco Personal
Finance and Director of UK Retail Banking at Royal Bank of Scotland.
He also has significant management consultancy experience, working with
a wide range of global banking clients. Stuart is a graduate of Aberdeen
University, where he was awarded a first class degree in Economics.
GE
(NYSE: GE) is a diversified technology, media and financial services
company dedicated to creating products that make life better. From aircraft
engines and power generation to financial services, medical imaging,
television programming and plastics, GE operates in more than 100 countries
and employs more than 300,000 people worldwide. For more information,
visit the company's Web site at http://www.ge.com
####
Press Release #########################
Wells
Fargo Equipment Finance, Inc. to present at
Lessors
Network Lease Origination, Funding & Distribution Showcase
ATLANTA,
(Lessors Network) - Wells Fargo Equipment Finance, Inc. joins a prestigious
list of funding sources from the commercial and municipal equipment
lease markets, participating in the Lessors Network Lease Origination,
Funding & Distribution Showcase scheduled March 11-12, 2004.
Fred
Costabile, Territory Manager, Wells Fargo Equipment Finance, Inc., will
deliver an overview of Wells Fargo Equipment Finance's 2004 investment
strategies. Mr. Costabile will be available to meet privately with attendees
in the Networking Suite immediately following showcase presentations.
About
The Lessors Network
The
Lessors Network provides many free web site programs and services facilitating
new business development within the commercial and municipal equipment
leasing communities. Additionally, the Lessors Network produces exclusive
networking events for small groups of industry professionals at the
Ritz-Carlton, Buckhead hotel in Atlanta.
http://www.lessors.com/Events-2004/Syndication/overview.html
### Press Release ###############################
Irwin
Financial Corporation Announces Addition To Board Of Directors
COLUMBUS,
Indiana ---- Irwin Financial Corporation (NYSE: IFC) today announced
the election of R. David Hoover to its Board of Directors.
Hoover,
58, is the Chairman, President, and Chief Executive Officer of Ball
Corporation (Broomfield, Colorado). He has been with Ball Corporation
since 1970 serving in a variety of positions. Prior to joining Ball
Corporation, Mr. Hoover was with Eli Lilly and Company of Indianapolis,
Indiana.
Mr.
Hoover currently serves on the boards of Maxon Corporation; Energizer
Holdings, Inc; and the National Association of Manufacturers (NAM).
He is also a member of the boards of: The Community Foundation Serving
Boulder County; the National Food Processors Association (NFPA); the
Can Manufacturers Institute (CMI); DePauw University Board of Trustees;
the Indiana University, Kelley School of Business Dean's Advisory Council,
and the University of Colorado at Denver Business School Advisory Board.
He
received his Bachelor's Degree from DePauw University (Greencastle,
Indiana), an MBA from Indiana University (Bloomington, Indiana), and
completed the Advanced Management Program of the Harvard University
Graduate School of Business, Boston.
Will
Miller, Chairman and CEO said, "Irwin Financial is very pleased
to welcome David Hoover to our Board of Directors. His business acumen,
broad experience, and financial expertise will enhance our Board. Our
current directors and senior management team are looking forward to
working with him."
Mr.
Hoover was elected by the Board to serve the remainder of the term of
John Nash, which expires in April 2005. Mr. Nash retired as President
and a board member of the Corporation in April of 2003. Mr. Hoover's
appointment to our Board of Directors brings the total number of directors
to 10.
Irwin®
Financial Corporation (www.irwinfinancial.com) is an interrelated group
of focused lines of business organized as a bank holding company, with
a history tracing to 1871. The Corporation, through its operating companies
-- Irwin Mortgage Corporation, Irwin Union Bank, Irwin Home Equity Corporation,
Irwin Commercial Finance, and Irwin Ventures -- provides a broad range
of customized banking services to consumers and small businesses in
selected markets in the United States and Canada.
CONTACT:
Suzie
Singer
Corporate
Communications
(812)
376-1917
###
Press Release ##############################
Irwin
Business Finance Announces Promotion
Irwin
Business Finance announced the promotion of Randy Freeman to vice president,
business development.
Freeman
has been a strong contributor in sales and sales management within the
leasing industry for 20 years. He has held senior sales and management
positions at A&T Capital, CitiCapital and JLA Credit. Freeman joined
IBF in 2002 and manages the Southeast region.
“Randy
has been a top producer and has demonstrated great teamwork by working
within IBF to achieve company as well as personal objectives. We appreciate
Randy’s dedication and commitment to IBF,” said Joe Bannick, vice president,
sales and marketing.
### Press Release #############################
---------------------------------------------
Financial Services provider expands
into Asia Pacific region; Phil Green appointed Managing Director De
Lage Landen Southeast Asia
WAYNE,
Pa., – To meet the growing needs
of its global customers, De Lage Landen International B.V. announced
today that it will expand its global network of operations in the Asia
Pacific region. As a first step into this region, De Lage Landen will
establish formal operations in Singapore, effective July 1, 2004.
De Lage Landen is a leading international
provider of high quality asset-based financing products to manufacturers
and distributors of capital goods and a wholly owned subsidiary of Rabobank
Group of the Netherlands.
Phil Green, who previously served as Managing
Director, European Business Development, will head up the operation
in the newly created position of Executive Vice President and Managing
Director, Southeast Asia. Most recently, he served as Managing Director
for De Lage Landen Australia Pty Ltd in Sydney, Australia.
In his new role, Green will be responsible
for expanding the company’s global relationships throughout the region.
He will report directly to Ronald Slaats, Chairman of De Lage Landen’s
Americas Division, headquartered in Wayne, PA.
A 14-year veteran of De Lage Landen, Green
established De Lage Landen’s business in Australia and New Zealand in
2002. He also has been managing new business development activities
for the company in the Asia Pacific region.
Earlier, Green played a key role in the development
of De Lage Landen’s Food & Agriculture business in Europe and in
establishing several joint ventures. He also managed development of
De Lage Landen’s strategy of Global Account Management.
In a related move, Mike McInerney, who has
been serving as Managing Director, CNH (Case Credit & New Holland
Credit) Capital Australia, has been appointed Managing Director of De
Lage Landen Australia Pty Ltd and of the New Zealand Company, De Lage
Landen Ltd, effective February 1, 2004. He will report directly to Green.
De Lage Landen is a Netherlands-based international
provider of high-quality asset financing products. With a presence in
20 countries across the globe, the company focuses on the following
industries: Food & Agriculture, Healthcare, Office Equipment, Telecommunications,
Technology Finance, Materials Handling & Construction Equipment
and Financial Institutions. In its domestic market the company offers
Equipment Leasing, Car & Commercial Vehicle Leasing, ICT Leasing
and Trade Finance through local Rabobanks but also direct to market.
De Lage Landen is a wholly owned subsidiary
of the Dutch Rabobank Group that is AAA-rated by Moody’s and Standard
& Poor’s. For 2003 De Lage Landen expects to grow its profits to
$148 million (€115 million) and its balance sheet total to $17.6 million
(€14 billion).
For more information, please contact our
website: www.delagelanden.com
###
.
Sites
of Reference:
http://www.delagelanden.com
CONTACT:
Rita
DiMartino
De
Lage Landen Financial Services
Phone
Number: 610 386 5441
Fax
Number: 610 386 5840
E-mail:
rdimartino@leasedirect.com
###
Press Release ##############################
------------------------------------------------------------------------
|
We
are actively seeking experienced Account Executives as part of
a significant growth initiative for 2004. Candidates must be self-motivated,
hard working, and enjoy making some of the highest commission
splits in the industry. About the Company: Genesis Commercial Capital, LLC; 17910 Skypark Circle, Suite 105; Irvine, CA. 92614 www.gen-cap.com |
------------------------------------------------------------------------
Grand
Rapids Press---Neal W. Ranstead obituary
RANSTEAD
(Rockford) - Neal W. Ranstead, aged 51, passed away unexpectedly on
Monday morning, February 16, 2004. Neal was a graduate of MSU and employed
as a vice-president at for PNC leasing. He is survived by his wife,
Susan; his daughter, Jessica; his brother, Merritt (Beverly) Ranstead,
III; his sister, Leslie Finlayson; his mother in-law, Mrs. Delores Kelly;
nieces and nephews. The memorial service for Neal will be Friday evening,
February 20, 2004, at 6:00 o'clock at the funeral home, with the Rev.
Thomas Page, officiating. Those planning expressions of sympathy are
asked to consider.
Jessica
Ranstead Education Fund
c/o Fifth Third Bank
4985 10 Mile Road NE
Rockford, MI 49341
616-866-1200
News
Brief---
Household
Financing in Good Shape Thanks to Low Mortgage Rates, says Fed Greenspan
promoting the economy
http://www.usatoday.com/money/economy/fed/2004-02-23-greenspan-debt_x.htm
New Yahoo really something to see
http://www.usatoday.com/tech/news/2004-02-22-yahoo_x.htm
------------------------------------------------------------------------------
“Gimme
that Wine”
Did
Helen Turley quit Bryant Family Vineyard or was she fired?
http://www.winespectator.com/Wine/Daily/News/0,1145,2355,00.html
Napa Barrel Auction Raises Record $987,000
http://home.businesswire.com/portal/site/google/index.jsp?ndmView
Id=news_view&newsId=20040223005499&newsLang=en
Pacific
Northwest Wine Guide-Sasquatch Books in Seattle has just published "The
Northwest Wine Guide" by Andy Perdue, who is the founder and editor
of
Wine
Press Northwest. The book covers over 400 wineries in Washington, Oregon,
Idaho and British Columbia.. Perdue recommends some 1,500 wines, listing
each winery’s best and most reliable wines. The book retails for $14.95.
For more information contact the publisher at sasquatchbooks.com.
Casa
du Sue-First Winery in Louisiana
http://wine.about.com/gi/dynamic/offsite.htm?site=http%3A%2F%2F
Landry
Vineyards, Louisiana
http://wine.about.com/gi/dynamic/offsite.htm?site=http%3A%2F%2
Domaine
Charbay Offers ‘California’ Rum
http://www.charbay.com/search_results.asp?PAGE=2&txtsearchParam
Txt=&txtsearchParamCat=ALL&txtsearch
ParamType=ALL&iLevel=1&txtsearchParamMan=ALL&txtsearchPara
mVen=ALL&txtFromSearch=fromSearch&btn
call
them to see what is available: http://www.charbay.com/
This
Day in American History
=========Early American
History=========
=========Westward
Expansion=========
=========Civil War—including
pre and post=========
=========Gilded
Age=========
=========World War
I --pre and post=========
=========FDR=========
=========Post World
War II=========
=========1950’s=========
=========1960’s=========
=========1970’s=========
=========1980’s=========
=========1990’s=========
=========Early American History=========
1582: Gregorian Calendar: While not a date
regarding American History, it changed the
dates
of history. In reality, from the change, the original actual dates of
history were also
changed,
meaning many of the anniversary of events are on the Gregorian Calendar
dates,
not
the actual date of the event. Pope
Gregory XIII, enlisting the expertise of distinguished astronomers and
mathematicians, issued a order correcting the Julian calendar that was
then 10 days in “error.” The
correction was a minor one, changing the rule about leap years.
The dates that
are
correct today are those that went into effect when the Gregorian Calendar
went into effect.
While
he did not issue a name to the change, the people of the day began to
call it the Gregorian Calendar, which became effective October, 1582
in most Catholic countries, but not effective in
Britain
or the American colonies until 1752, and effective in Russia in 1918
and 1923 in Greece. It is the
most widely used calendar in the world today.
=========Westward Expansion=========
1803- Supreme Court 1st rules a law unconstitutional
(Marbury vs Madison)
http://www.stanley2002.org/marbury.htm
http://www.jmu.edu/madison/marbury/background.htm
1811-Bishop
Daniel Alexander Payne, sixth Bishop of the African Methodist Episcopal
(A.M.E.) Church and a founder of Ohio's Wilberforce University, was
born to free black parents in Charleston, South Carolina. Named for
English abolitionist Lord William Wilberforce, Wilberforce University
in Xenia, Ohio, was the first black-owned college in the United States.
Payne was named the university's president in 1863, becoming the nation's
first black college president.
http://www.amecnet.org/payne.htm
http://docsouth.unc.edu/church/payne70/frontis.html
1836-Home Winslow Birthday; American artist
born at Boston, MA. Noted for
the realism of his work, from the Civil war reportage to the highly
regarded rugged outdoor scenes of hunting and fishing. Died at his home
at Prout’s Neck, ME, Sept. 29, 1920.
http://www.artchive.com/artchive/H/homer.html
. 1836-Texan Colonel William Travis sends a
desperate plea for help for the besieged defenders of the Alamo, San
Antonio, Texas, sending the message with the famous last words, "Victory
or Death." On March 6, the Alamo , where 182 Texans were garrisoned
was captured by the Mexican leader Gen. Antonio Lopez de Santa Anna,
who had led over 3000 troops across the Rio Grande. Every Texan except
a mother, a child, and a servant was killed. “Remember the Alamo” became
a battle
cry
that brought Texans and friends from neighboring states together that
eventually formed
the
Republic of Texas. The movie in the 1950’s “Davey Crockett,” would bring
the event
to
worldwide attention as he died in the Alamo along with Colonel Travis,
making the “Bowie”
knife
and coonskin cap famous ( as a point of history, Crockett never wore
a coonskin cap.
He
was a former legislator and well-educated man for his time, not a hick
or country bumpkin
as
the role Fess Parker made famous. )
1852 -the Susquehanna River ice bridge at
Havre de Grace, Maryland began to break up after 40 days of use. A total
of 1738 loaded freight cars were hauled along the rails laid on the
ice.
1857- Los Angeles Vineyard Society organized
by two men in San Francisco named Charles Kohler and James Frohling,
who were looking for an area to establish a vineyard colony. Kohler
and Frohling, with a group of German immigrants, formed the Los Angeles
Vineyard Society on February 24, 1857. George Hansen, a Los Angeles
surveyor, was selected to find an ideal site for their planned community.
He found it on the Rancho San Juan Cajon de Santa Ana, which was then
in Los Angeles County. Plans were formed for the new town, which was
named "Anaheim," but known to their Spanish-speaking neighbors
as "Campo Aleman." Although the first settlers arrived in
town in 1859, it was not until 1870 that the city was first organized
as a municipality.
http://www.anaheim.net/depts_servc/police/history/intro.htm
=========Civil War—including pre
and post=========
1860 --
Printer Daniel Berkeley Updike born, Providence, Rhode Island. (founder of Merrymount Press) he influences
the world of typography with his two-volume Printing Types — Their History,
Forms & Use. http://www.oakknoll.com/pressrel/types.html
1863-Arizona becomes its own territory.
http://memory.loc.gov/ammem/today/feb24.html
1864- Battle of Tunnel Hill GA (Buzzard's
Roost). This started as a skirmish
on
February 22 but grew into a battle that lasted until February 25
http://bachelorsgrove.com/archive/obituaries/info/jamfuller/stories/index4.html
http://www.northga.net/whitfield/tunnel.html
http://roadsidegeorgia.com/city/tunnelhill.html
http://www.ganet.org/civilwar/georgia.html#anchor221032
1867-Impeach President Andrew Johnson: In
a showdown over reconstruction policy following the Civil War, the House
of Representatives voted to impeach President Andrew Johnson. During
the two years following the end of the war, the Republican-controlled
Congress had sought to severely punish the South. Congress passed the
Reconstruction Act that divided the South into five military districts
headed by officers who were to take their orders from General Grant,
the head of the army, instead of from President Johnson. In addition,
Congress passed the Tenure of Office Act, which required Senate approval
before Johnson could remove any official whose appointment was originally
approved by the Senate. Johnson vetoed this act but the veto was overridden
by Congress. To test the constitutionality of the act, Johnson dismissed
Secretary of War Edwin Stanton, triggering the impeachment vote. While
Johnson was not pro civil rights, he was pro South ( in fact, one of
his last acts of office in December was to pardon Jefferson Davis, who
was on trial for treason) . Stanton was very much anti-South and harbored
many ill feelings, basically because of his blundering of military assignments
to “society” generals. .On Mar 5,1868, the Senate convened as a court
to hear the charges against the President. The Senate vote of 35—19
fell one vote short of the two-thirds majority needed for impeachment.
Thus the
South
became Dixie Democrats until modern times. The 1868 presidential election
was close,
with
Ulysses S. Grant’s popular majority a scant 306,000 out of 5,7175,000
votes, although the
electoral
vote was 214 to Republican Horatio Seymour.
The black vote, which totaled over 700,000,
decided
the election for Grant. In 1872,
Grant beat Republican Candidate Horace Greely 3,597,132 to 2,384,124
for Greely; electoral votes 286 to 66. History changed and the Democratic
Dixiecrat
destroyed
reconstruction and controlled the house with an inside deal to give.
The election had
been
thrown back to congress before, such as the one between Aaron Burr and
Thomas Jefferson.
This
was the first time the nation faced a dispute over the results of a
presidential election. A candidate needed 185 electoral votes to win
and Samuel J. Tilden the Democratic candidate, clearly had 184.
In dispute were the 19 electoral votes of three states till under
carpetbag rule---Florida, Louisiana, and South Carolina---plus one vote
in Oregon. In Congress both
parties agreed on January 29, 1877 to establish an electoral commission
to decide the issue. The commission, with five members from each house
of Congress, and five members from the Supreme Court, was made up of
eight Republicans and seven Democrats. All the commission’s decisions
were to fall along party lines. On March 2, Congress accepted the commission’s
decision, which awarded all the disputed votes to the Republican candidate
, Rutherford B. Hayes, who thus received 185 electoral votes to Tilden’s
184. The Republicans were accused
of offering southern Democrats economic favors for their region if they
supported Hayes’s claim. In
any event, the new president showed a conciliatory attitude toward the
South: all the programs in place that had elected blacks to office,
given them property and protection were removed, and the last federal
troops were withdrawn and there was no further effort to protect the
rights of blacks. Reconstruction was over.
1868- 1st US parade with floats (Mardi Gras-Mobile
AL)
http://www.fabuloustravel.com/usa/mardigras/almardigras.html
http://www.geocities.com/BourbonStreet/6483/mg1.html
http://www.mglinks.com/mg101.htm
=========Gilded Age=========
1891 -The term "honky tonk" introduced,
appearing in an Oklahoma paper, The Daily Ardorite, which reports "the
honk-a-tonk last night was well attended." The word is most likely
a Creole derivative, but could not find a definitive source. “Honkey” or "Honkie" might be its original
source or a “spin-off.”
http://mmd.foxtail.com/Archives/Digests/199703/1997.03.05.06.html
http://phrases.shu.ac.uk/bulletin_board/13/messages/216.html
1895- Cuban war of independence begins.
http://www.rose-hulman.edu/~delacova/1895/chronology.htm
http://www.autentico.org/oa09313.html
http://www.historyofcuba.com/cuba.htm
1897- Emile Berliner took out a Canadian patent on his gramophone
talking machine. Manufacturing facilities were set up in Montreal. Berliner
had built a crude model of his machine ten years earlier at his home
laboratory in Washington, DC, and he applied for a US patent on it on
September 26th, 1887.
Today the terms "gramophone" and "phonograph"
mean the same thing. But in Berliner's day this was not so. "Gramophone"
referred to a talking machine employing lateral-cut discs, while the
phonograph, invented by Thomas Edison, used vertical-cut cylinders.
Berliner's discs eventually made Edison's cylinders obsolete. Berliner also invented the microphone, which
we still use today.
http://www.invention.org/electronic-music/berliner.html
=========World War I --pre and
post=========
1905 -the temperature at Valley Head, Alabama
fell to 18 degrees below zero. This was the coldest temperature ever
recorded in Alabama until January 30, 1966 when it reached -27 at New
Market.
1909-The Hudson Motor Car Company, founded
by Joseph Hudson, in Detroit, Michigan, was incorporated. Hudson is
perhaps most famous for its impact on NASCAR racing, which it accomplished
thanks to a revolutionary design innovation.
1910-Arranger/Pianist Clyde Hart born Baltimore,
MD, died March,1945
http://www.centrohd.com/biogra/h1/clyde_hart_b.htm
(Ben Webster talks about Clyde Hart:
http://www.jazzprofessional.com/interviews/BenWebster.htm
http://www.umkc.edu/lib/spec-col/ww2/1939/jive_txt.htm
(CD
had Clyde Hart All-stars with Charlie Parker and Dizzy Gillespie)
http://www.geocities.com/ladenso1/RBird/RepliestoKLONBird3_2_.html
Una
Mae Carlise Orchestra
http://www.welwyn11.freeserve.co.uk/LY_smallgps.htm
1912-Hadassah: Twelve members of the Daughters
of Zion Study Circle met at New York City under the leadership of Nerietta
Szoid. A constitution was drafted
to expand the study group into a national organization called Hadassah
(Hebrew for “myrtle” ) and the biblical name of Queen Esther) to foster
Jewish education in America and to create public health nursing and
nurses training in Palestine. Hadassah is now the largest women’s volunteer
organization in the US with 1,500 chapters rooted in health care delivery,
education and vocational training, children’s villages and services
and land reclamation in Israel.
1912 --
Labor activist Elizabeth Gurley Flynn heads "Bread &
Roses" Lawrence Textile Strike of 20,000 women in Lawrence, Massachusetts.
Police attack 150 children & their parents at the town railroad
station. Many strikers are sending their kids to safe homes with friendly
families in other cities. The exodus has generated so much publicity
that Lawrence authorities have resolved to crush it.
Today they force 35 women & their children into patrol wagons. After
charging the women with neglect & handing jail sentences & fines
to the organizers, the town fathers send 10 of the kids to the Lawrence
poor farm. This prompts only more publicity, forcing Congress to investigate
the strike. Sixteen children will testify, describing the poverty that
led them to leave school & take jobs in the mill.
The
American Woolen Company will have no choice but to yield to the strikers'
demands.
http://www.geocities.com/CapitolHill/5202/rebelgirl.html
http://www.hartford-hwp.com/archives/45b/index-a.html
1921-Abe Vigoda birthday, actor ( “Barney
Miller,” “Fish.”), born New York, NY.
http://www.zxcproductions.com/web/Abe/abe.html
http://www.tvland.com/shows/barneymiller/actor1.jhtml
http://movies.yahoo.com/shop?d=hc&id=1800022099&cf=biog&intl=us
1927-West Coast bassist Ralph Pena born Jarbridge,
NV.
He
played with Pete Jolly and was also popular at the Lighthouse
in
Hermosa Beach, California, where we saw him play often
with
many jazz groups. Died, 1969.
http://www.artistdirect.com/music/artist/bio/0,,478135,00.html?artist=Ralph+Pena
1932-composer Michel Legrand born Paris, France
http://us.imdb.com/Name?Legrand,+Michel
http://www.amazon.com/exec/obidos/ASIN/B00005YW0W/
inktomi-musicasin-20/102-1682336-8966565
1933-Tenor Sax David “Fathead” Newman Birthday
http://www.davidfatheadnewman.com/
http://www.interneted.com/Reviewpages/newmandaviddaveyblue.htm
http://www.utdallas.edu/dept/ah/fathead/david_fathead.htm
http://www.amazon.com/exec/obidos/ASIN/B00000333E/avsearch-df1-9-20/102-1682336-8966565
1936 - Vermont and New Hampshire received
brown snow due to dust from storms in the Great Plains Region. A muddy
rain fell across parts of northern New York State. (24th-25th) (David
Ludlum) (The Weather Channel)
=========FDR=========
1940 - On Decca Records, Frances Langford
recorded "When You Wish Upon a Star" during a session held
in Los Angeles, California. Many artists have recorded that particular
song, including Linda Ronstadt with the Nelson Riddle Orchestra in the
early 1980s. The song can also be heard in the opening credits of any
Disney movie, video or television program.
1941- '60s pop singer Joanie Sommers birthday.
http://www.grillecloth.com/sommers/sommers.html
http://www.homestead.com/joaniesommers/
1942- Harry James records “Trumpet Blues(
and Cantabile)-Col. 36549
1943 - The Human Comedy, a novel written by
William Saroyan, was published on this date in New York.
http://www.housecollectibles.com/highschool/catalog/display.pperl?0440339332
http://www.cilicia.com/armo22_william_saroyan_3.html
1943 - George Harrison Birthday: (Rock ’n’
Roll Hall of Famer, former Beatle: My Sweet Lord, Isn’t It a Pity, What
is Life?, All Those Years Ago, Concert for Bangla-Desh; actor: A Hard
Day’s Night, Help!, The Beatles, Magical Mystery Tour, Yellow Submarine,
Let It Be, The Concert for Bangladesh, Shanghai Surprise, You Can't
Do That! The Making of ‘A Hard Day's Night’; Harrison believed for most
of his life his birthday was Feb 25 but a family birth record has his
birth at near 11:50 p.m. Feb 24; died Nov 29, 2001)
1944 --"Merrill's Marauders" hit
Burma The Marauders' mission began with a 1,000-mile walk through dense
jungle, without artillery support, into Burma. On February 24, 1944,
they began their Burmese campaign, which, when done, consisted of five
major and 30 minor engagements with a far more numerous Japanese enemy.
They had to carry their supplies on their backs and on pack mules, and
were resupplied only with airdrops in the middle of the jungle. Merrill's
Marauders succeeded in maneuvering behind Japanese forces to cause the
disruptions necessary to throw the enemy into confusion. They were so
successful, the Marauders managed even to capture the Myitkyina Airfield
in northern Burma.
=========Post World War II=========
1947-base player Bob Magnusson born New York
City, NY, http://www.theiceberg.com/artist/24649/bob_magnusson/
http://www.emusic.com/cd/10600/10600220.html?fref=148694
1949-First rock to reach outer space was a
two-stage rocked consisting of a Wac Corporal set in the nose of a captured
German V-2. It was fired from
the White Sands Proving Ground, NM, by a team of scientists under Dr.
Wernher von Braun. It reached an altitude of 250 miles.
=========1950’s=========
1951—Top Hits
If
- Perry Como
My
Heart Cries for You - Guy Mitchell
Tennessee
Waltz - Patti Page
There’s
Been a Change in Me - Eddy Arnold
1955-Steven Jobs birthday, co-founder of
Apple Computer company, born Los Altos, CA. Jobs, the controversial
co-founder of Apple Computer, started out selling his friend Stephen
Wozniak's computers door-to-door at electronic hobbyist shops. By 1979,
Apple Computer had become the fastest growing company in history, worth
more than $1 billion. That year, Jobs led a team of several Apple developers,
working on a new project called Lisa, on a visit to Xerox Palo Alto
Research Center, where the team saw the Alto, an early computer with
a graphical user interface using icons, a mouse, and built-in networking
capacity. Both the Lisa and the Macintosh adopted key elements of the
Alto. Jobs, whose impulsive personal style irritated some of Apple's
key managers, was forced to leave Apple in 1985. He formed NeXT Inc.,
became president of Pixar animation studios, and returned to Apple in
1997 as acting president.
1956- Need an adult to dance in Cleveland:
Now the home of the Rock and Roll Hall of Fame, invoked a 1931 law barring
people under 18 from dancing publicly without an adult guardian.
1959---Top Hits
Stagger
Lee - Lloyd Price
Donna
- Ritchie Valens
The
All American Boy - Bill Parsons
Don’t
Take Your Guns to Town - Johnny Cash
=========1960’s=========
1967---Top Hits
Kind
of a Drag - The Buckinghams
Love
is Here and Now You’re Gone - The Supremes
The
Beat Goes On - Sonny & Cher
Where
Does the Good Times Go - Buck Owens
1969- Johnny Cash recorded his second live
prison performance, this one at San Quentin, Marin County, California.
It followed a concert the previous year at Folsom Prison. The LP "Johnny
Cash at San Quentin" topped the Billboard pop and country charts.
It also contained the hit single "A Boy Named Sue."
http://www.canoe.ca/JamAlbumsC/cash_johnny_sanquentin.html
=========1970’s=========
1970-49er Quarterback Jeff Garcia birthday,
Gilroy, CA.
1973 - Roberta Flack's “Killing Me Softly
With His Song” jumped to Number 1 on Billboard's hit record charts,
and remained there for 5 weeks. It was rumored that the subject of her
song was folk singer Don McLean. Actually it was not,
as
the original singer was “inspired” by the song and got the songwriter
to
make
a few changes, but it was Roberta Flack who heard the song and decided
she
wanted to also record it.
http://www.superseventies.com/1973_9singles.html
1975---Top Hits
Pick
Up the Pieces - AWB
Best
of My Love - The Eagles
Some
Kind of Wonderful - Grand Funk
I
Care - Tom T. Hall
1976- the Eagles "Greatest Hits"
became the first LP in the US to be certified platinum - two-million
copies sold.
=========1980’s=========
1980—HockeyTeams Wins Gold: Two days after
defeating the Soviet Union 4-3, the US hockey team won the gold medal
at the XIIIth Winter Olympic Games by beating Finland, 4-2.
1981-School Headmistress and Socialite Jean
Harris is convicted of murdering "The Scarsdale Diet" doctor,
Herman Tarnower. Harris and Tarnower had been a couple since they met
in 1966. However, Tarnower was a notorious womanizer who never followed
through on his vague promises to marry the 56-year-old Harris. In the
late 1970s, Harris discovered that Tarnower was having an affair with
a younger woman. Nonetheless, she assisted him in writing and editing
The Complete Scarsdale Medical Diet, which became a surprise sensation,
earning Tarnower wealth and fame. Harris later claimed that she went
there with suicidal intentions. However, the fact that Tarnower was
shot four times seemed to belie her defense. Rather than maintain that
she had killed in the heat of the moment, which would have dealt a manslaughter
conviction, Harris insisted that the shooting was an accident. Her gamble
(or insistence on principle) failed when the jury convicted her of murder
and gave her a life sentence.
Harris
was a model prisoner who used every opportunity to bring attention to
the plight of women prisoners. She wrote the well- received They Always
Call Us Ladies in 1988, and finally won parole in 1993.
1981 -Boston Celtics begin 18 NBA game win
streak http://www.pataky.net/NBAFinals.asp
http://sporting.oneofakindantiques.com/2085_boston_celtics_basketball_from_1980_to_1981_4.htm
http://members.tripod.com/opey3/celtics.html
1982-Wayne Gretzky, 21-year-old center for
the Edmonton Oilers, scored his 77th goal of the season against
the Buffalo Sabres to break Phil Esposito’s single-season goal-scoring
record. With Esposite, who had scored 76 goals in the 1970-71 season,
in attendance, Gretzky stole the puck and broke a 3-3 tie with seven
minutes to play. He added two more goals in the game’s final
two minutes and finished the season with 92 goals.
1983 – Dow Jones average for the first time
closed above the 1100 mark, after the stock market moved 24.87 points
to close at 1121.81. In 1972, the 1100 plateau had been reached, but
a rally could not keep the benchmark high at that point until the end
of the trading day.
1983---Top Hits
Baby,
Come to Me - Patti Austin with James Ingram
Shame
on the Moon - Bob Seger & The Silver Bullet Band
Stray
Cat Strut - Stray Cats
Faking
Love - T.G. Sheppard & Karen Brooks
1985 - Quarterback Doug Flutie played his
first professional game, leading the New Jersey Generals against Birmingham,
to a 38-28 loss. The former Boston College star had a rough start in
his USFL debut, but completed 12 of 18 passes in the game's fourth quarter.
I bring this up as he is my double cousin on my mother’s side ( son
of my mother’s sister’s son.)
http://www.dougflutiejrfoundation.org/
http://members.aol.com/Argonuter/
1985 - Yul Brynner reprised his "The
King and I" role, setting an all-time box office weekly receipt
record when the show took in $520,920.
1987-Not a Welk Tune: A spokeswoman for bandleader
Lawrence Welk said some Welk fans who bought his "Polka Party"
compact disc ended up with the punk rock soundtrack to the movie "Sid
and Nancy." The Welk Enterprises office in Los Angeles fielded
several telephone calls from upset fans. The CD's apparently were mislabeled
at the factory in Japan.
1987 - The Los Angeles Lakers' Kareem Abdul-Jabbar,
got his first three-point shot. At this date, the leading scorer in
NBA history had reached 36,000 points, but until now, Kareem never scored
over two at a time.
1987-The 1986 Grammys are awarded: Paul Simon's
"Graceland" wins Best Album; Steve Winwood's "Higher
Love" wins Best Record and Bruce Hornsby and the Range win Best
New Artist.
1987-the massive winter storm continued to
pound the western US In southern California, Big Bear was blanketed
with 17 inches of snow and Lake Hughes reported 4 inches in one hour.
Snow pellets whitened coastal areas of Orange and San Diego counties
with 3 inches falling at Huntington Beach. Thunderstorms producing hail
and waterspouts also occurred. In Colorado, Purgatory was buried under
62 inches of snow over a 4 day period and Colorado Springs had 14.8
inches in 24 hours to set a 24 hour snowfall record for February.
1988 - Strong winds produced snow squalls
in the Great Lakes Region which created "white-out" conditions
in eastern Upper Michigan. Squalls produced up to 14 inches of snow
in Geauga County of northeastern Ohio.
1988-Matt Nykanen of Finland, having already
finished first in the 70-and 90-meter ski jumping events, won an unprecedented
third gold medal in Nordic skiing when the Finnish team won the new
90-meter team jumping competition.
1989-Jerry Jones Buys Dallas Cowboys: Jerry
Jones announced the he had reached an agreement to buy the Dallas Cowboys
from H.R. “Bum” Bright and that he had replaced Tom Landry, the only
head coach in Dallas history, with University of Miami coach Jimmy Johnson.
1989 - A total of thirty-three cities in
the eastern U.S. reported new record low temperatures for the date,
and an Atlantic coast storm spread heavy snow from Georgia to southern
New England. Snowfall totals in New Jersey ranged up to 24 inches in
May County, with 19 inches reported at Atlantic City. Totals in North
Carolina ranged up to 18 inches in Gates County, and winds along the
coast of North Carolina gusted to 70 mph at Duck Pier. Strong winds
gusting to 52 mph created blizzard conditions at Chatham MA.
=========1990’s=========
1990 - Strong northerly winds prevailed from
Illinois to the Southern and Central Appalachians. Winds gusted to 68
mph at Sewickley Heights PA. High winds caused considerable blowing
and drifting of snow across northern and central Indiana through the
day. Wind gusts to 47 mph and 6 to 8 inches of snow created white-out
conditions around South Bend IN. Traffic accidents resulted in two deaths
and 130 injuries. Sixty-five persons were injured in one accident along
Interstate 69 in Huntington County. Wind gusts to 60 mph and 4 to 8
inches of snow created blizzard conditions in eastern and northern Ohio.
(The National Weather Summary) (Storm Data)
1991 - In the Gulf War, the ground campaign
began with an allied night attack. More than 14,000 Iraqis were captured
in the first 24 hours of fighting. The Persian Gulf War, codenamed Operation
Desert Storm, authorized by the U.N. and led by the U.S. began with
an all-out air war against Iraq on January 15, 1991. Its objective was to drive Iraqi forces out of Kuwait, which Iraq
had occupied since August 2, 1990. Ground action began February 24 and
three days later President George Bush halted the fighting with Iraqi
forces routed. Iraq agreed to
destroy its facilities for making chemical, nuclear, and biological
weapons, but stalled the actual carrying out of the relevant UN resolution American casualties were 146 dead and 467 wounded. Iraq set fires to all the oil wells, gutted
the hospitals, stole jewelry, automobiles, anything they could carry
or drive.
Kuwait,
Saudi Arabia, Syria, and Turkey, all US allies in the Persian Gulf War,
wanted
the US presence out of the area as soon as possible.
1991—Top Hits
All
the Man that I Need - Whitney Houston
One
More Try - Timmy -T-
Someday
- Mariah Carey
Walk
on Faith - Mike Reid
1992: GM loses $4.45 billion: The greatest
loss by a US company was suffered by the world’s largest industrial
company, General Motors Corporation, who announced they had a $4.45
billion loss for the year 1991.
1992-The U.S. Postal Service unveils 2 versions
of its proposed Elvis stamp for fans to vote on. Eventually, the younger
Elvis wins and is issued on January 8, 1993
1992 -as of 2:45 am CST, International Falls,
Minnesota had recorded 29.5 inches of snow for the month with snow still
falling. This set a new monthly snowfall record for February. The old
record was 29.0 inches set back in 1911. A new record was also set for
winter season snowfall (Dec-Feb) with 68.5 inches. The old record was
67.9 inches.
1993- British rock legend Eric Clapton, who
had been virtually ignored in the Grammy Awards for most of his career,
won six Grammys, including the music industry's three major awards -
record, album and song of the year. Clapton was honored for his album
"Unplugged," and the song "Tears in Heaven." Clapton
wrote "Tears in Heaven" as a tribute to his infant son Conor,
who died in 1991 when he fell out a window in Clapton's 53rd floor New
York apartment.
1998 – Andrew Boccelli, already an international
singing sensation, released
his second album, Bocelli, by Sugar Music. The album achieved double-
platinum in Italy, sextuple platinum in Belgium, and quadruple platinum
in both Germany and the Netherlands. His single song "Con te Partiro"
topped the charts for 6 weeks in France, earning a triple-gold sales
award. In Belgium, it became the biggest hit of all time, with 12 weeks
at the top.
1998 – Henny Youngman, legendary comedian, at age 91, died in Manhattan following a debilitating
bout of flu. Youngman, often called "King of the One-Liners"
was best known for his trademark "Take my wife, please!" Using
that line since the 1930's, he continued after his beloved wife Sadie
died in 1987.
http://www.iei.net/~liz/young.htm
http://www.comedycity.com/henny_youngman/
1999 - Radio shock jock Doug Tracht, known
as "Greaseman", was suspended indefinitely and then ultimately
fired for a race-related remark made on station WARW-FM in Washington,
D.C. On that morning's radio show, Tracht had noted that the Grammy
Awards ceremony were scheduled for that evening and played a portion
of a song by Lauryn Hill, a young black hip-hop artist nominated for
10 Grammys. Then he commented, "No wonder people drag them behind
trucks." The reference was to the torture and death in Texas of
James Byrd, Jr., a black man decapitated while being dragged behind
a pickup truck. John William King, a white supremacist, was convicted
of murder the previous day in the case. Tracht faxed a one-paragraph
statement: "I'm truly sorry for the pain and hurt I have caused
with my unfeeling comment. I have no excuse for my remark, and regret
it. If I could take it back I would. In the course of my show, split
second judgment is made over ad-libs. This remark was a grave error
in my judgment." A statement from the station announcing Tracht's
firing apologized to listeners who were offended. "While we will
always strongly support the right of our on-air artists to express a
wide range of opinions, even those that are unpopular or offensive to
some, WARW cannot be associated with the trivialization of an unspeakable
act of violence," the statement read.
1999-- At the annual Grammy awards ceremony
in the Los Angeles' Shrine Auditorium, hip- hop star Lauryn Hill broke
a record for female artists, winning five Grammy Awards for her album,
The Miseducation of Lauryn Hill. Hill's five wins in one night - album
of the year, best new artist, female rhythm and blues vocal, R &
B song for Doo Wop (That Thing), and R & B album - topped the four
Grammys won by Carole King in 1971 for Tapestry.
=========2000=========
2002- XIX winter
Olympics closes in Salt Lake City UT/Québec City
http://www.utah.com/olympics/http://www.saltlake2002.com/
http://anythingkiss.tripod.com/xix_olympics.html
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