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Thursday, January 13, 2005
Headlines---
Classified ads---Credit
New Year's special from leasingpress.com
East Coast AG's Whipping West Coast AG's 5-1
Classified---Help Wanted
Newsletter Advertising Information
Cartoon-----
Balboa Names Robert Coffey VP Vendor Services
Highland Cap. Names Mark A. Cooper to Sales
Richard Thomson Opens Silicon Valley Orix Venture Office
Synovus Named One of FORTUNE's ''100 Best Companies
Stroock Law Firm Names Four New Special Counsel
First Hawaiian Bank/P&H Online Business Banking
American Pallet Leasing Begins Pallet Production
News Briefs---
Sports Briefs---
"Gimme that Wine"
This Day in American History
American Football Poem
######## surrounding the article denotes it is a “press release”
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Classified ads---Credit
Atlanta, GA.
VP Credit/Operations/Sr. Credit Officer. 15yrs exp. in equipment leasing. Strong financial analysis and management skills. Experience developing and maintaining profitable customer/vendor relationships.
Email: credops@msn.com
Atlanta, GA.
Senior Credit Officer in middle-market equip. finance, vendor, 3rd party, specialty, flow credit to the fortune 1000. Team builder, originations capable, strong work ethic, ability to multi-task.
Email: kyletrust@hotmail.com
Atlanta, GA.
10 yrs experience in credit/collections/recovery/documentation in the leasing industry. P&L responsibility, team builder & strong portfolio mgnt skills.
email: mortimerga@adelphia.net
Boston Ma.
Challenging position where my skills, professional experience, organization, leadership, strategic thinking, creativity, energy, passion, competitive nature will enable me to define opportunities and personal development.
Email: bernd.janet@verizon.net
Corona, CA.
VP credit Consumer Credit prime/sub prime Auto lending/leasing/mortgages. 20+yrs exp. If you are looking for someone to affect the bottom line I am that person. Will relocate.
Email: amosca2000@yahoo.com
Fairfield, CT.
Credit manager. Success building high performance teams, problem solving & providing tactical guidance. Extensive expe. servicing venture-backed, healthcare, graphic arts, machine tool & general mfg. industries.
Email: sailer0102@aol.com
Fort Lee, NJ
3 Years Experience. Looking in NJ/NY.
Email: angitravis@mail.com
Irvine, CA,
I have over 16 years of Credit/Collection experience in the finance industry. Prompt results, extremely effective and knowledgeable, professional, excellent manager and team player.
Email: newportresources@sbcglobal.net
Los Angeles, CA
Over 15 years experience in Credit/Operations with Small Ticket and transactions up to $500,000.00. CLP, with excellent relationships with most major lenders.
Email: jonbh123@earthlink.net
Mill Valley, CA
Senior corporate officer with financial services credit background. M and A, fund raising and workout expertise.
Email: nywb@aol.com
New Jersey, NJ
Credit Analyst with 10+ years experience in small-ticket lending up to $500,000. Experience with both vendor-direct and with brokers.
Email: b.leavy@worldnet.att.net
New York, NY.
V.P. Credit & Collections w/23 years exp.looking for a situation where I can utilize my varied & extensive knowledge of credit/ collections/risk-management & leasing.
Email: rcouzzi@yahoo.com
New York, NY.
5+ yrs leasing credit exp./highly proficient knowledge of Ops: documentation & recovery. Currently in the SMB segment - moving back to NY/NJ area.
Email: SMBOPS2004@aol.com
New York, NY
3+ years of leasing credit / contracts experience. Currently in the leasing industry and moving to NY! Exp. working at both funding source and broker.
Email: lease4you@mail.com
Operations Manager/Credit: Orange, CA.
15 years exper., looking for a new home. Have handled both middle/ large ticket transaction, plus muni & international finance.
Email: equiplender@aol.com
Phoenix, AZ.
Credit/Leasing Manager- 8 years underwriting. Proven performer, strong negotiator and sales support. Worked with the best- Randy Schiell, Chuck Brazier, Jim Lahti.
Contact: Elizabeth Rose (480)510-7434
Email: ravenfinance@aol.com
Portland, OR.
Well known Equipment Leasing Industry Professional (Credit Analyst) with 17 years experience working in the Portland, Oregon area for three major Fortune 500 Funding Sources.
Email: jimmyfrank@verizon.net
Resume:
http://64.125.68.90/LeasingNews/Resumes/Jimmy%20Frank-Resume.pdf
San Francisco, CA.
10+ years Credit Analyst experience underwriting for a direct lessor, regional bank and vendor leasing company. Have CLP and will make decisions ( won't rely on a FICO score for enlightenment.)
Email: pmtorres1@yahoo.com
Seattle/Tacoma, WA.
description: Extensive experience in Credit Management, Relationship Management and P&L responsibility. I make the right decisions and add real value.
Email: cuda1970@comcast.net
full listing of all 95 “job wanted” ads:
http://64.125.68.90/LeasingNews/JobPostings.htm
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New Year special from leasingpress.com
“All three of our best selling books may be purchased this month. mixed as you wish for the following prices, which include free shipping to the same address, in a quantity discount:
“Power Tools for Successful Leasing
“Technology Leasing: Power Tools for Lessees”
“Power Tools for Small Ticket Leasing”
Regular price of each book is $79.95 plus s&h
New Year's Special:
5 or more copies--only $60 each (savings of $19.95 per copy)
10 or more copies--only $50 each (savings of $29.95 per copy)
20 or more copies--only $40 each (savings of$39.95 per copy)”
To help celebrate the New Year, for single order copies, ask us for free shipping and handling, and we will reply. If Amazon can do it, so can leasingpress.com.
Best wishes,
James M. Johnson and Barry S. Marks
P.S. Don't forget to visit our web site: www.leasingpress.com
 |
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East Coast AG's Whipping West Coast AG's 5-1
---including Texas: it is 6-1
by Kit Menkin
As Leasing News predicted that “Leasing Companies are caving in” regarding settlements with NorVergence lessees, the various attorney generals across the United States are also making announcements of their “wins.” There certainly are new developments, including more confusion.
These settlements seem to vary per state, and also per settlement, in some instances. There has been no remuneration included for attorney expenses or loss of income or time in the great majority of these settlements, plus any future claims must be also given up. Or course, those lessee do not need to agree to the settlement's reach by the various attorney general offices, but it does appear most seek an end to a terrible experience not only regarding their telephone system, but their faith in leasing companies protecting them or caring about repeat business. As important, not only are customers asking how stupid were the leasing companies to write $20,000 to $50,000 leases for a reportedly “matrix box” worth only $500 in the market place, but the government is puzzled, too.
There must be more to it, they think, as these financial giants couldn't be that dumb.
Florida Attorney General Charlie Crist announced settlements with two two leasing companies relating to business practices of the bankrupt NorVergence Corporation, allegedly involving over 525 customers of NorVergence: Wells Fargo Financial Leasing, Inc., and Lyon Financial Services, Inc., doing business as U.S. Bancorp Business Equipment Finance Group. GE has agreed to forgive $3.57 million owed by 270 New Jersey customers, and CIT has agreed to forgive $4.36 million owed by 255 customers. Both companies agreed
to end all litigation against customers for payments
due after July 15, 2004.
Here is the full press release:
http://leasingnews.org/PDF/Crist_announces_settlement.pdf
New Jersey Attorney General Peter C. Harvey announced settlements with – General Electric Capital Corp. (“GE”) and CIT Technology Financing Services, Inc. (“CIT”) – that will result in the forgiveness of nearly $8 million in payments owed by New Jersey customers under long-term service agreements with NorVergence, Inc., a bankrupt New Jersey telecommunications company.
Here is his press release:
The New York Attorney General's Office has also announced a settlement with Irwin Business Finance. AG Eliot Spitzer is
definitely adding votes to his announced intention to run
for governor in the next election.
Here is his press release:
http://leasingnews.org/PDF/irwin_business_finance_corp_aod.pdf
Joining Massachusetts, New York, New Jersey, Illinois, Florida, among others are now Arizona and Texas.
For instance, in Arizona, Attorney General Terry Goddard
announced:
"Under the agreement filed in Pima County Superior Court, TCF Leasing agreed to forgive the outstanding principal balance due on NorVergence leases held in Arizona. Two local businesses that will benefit from
this settlement are:
* Lindstrom OB/GYN in Gilbert will be forgiven $28,936
* Formosa International Systems in Tempe will be forgiven $31,920 "
Here is the full press release:
http://leasingnews.org/PDF/Goddard_Settles.pdf
In Texas, Attorney General Greg Abbott has even gotten more aggressive, as evidenced by the letters his office sent out to the leasing companies in his state:
Copy of Letter:
http://leasingnews.org/PDF/bancorp.pdf
List of Leasing Companies:
http://www.leasingnews.org/items/Texas%20Attorney%20General.htm
It is reported that the California Attorney General's office is negotiating with Wells Fargo to “settle” their leases with NorVergence lessees. Leasing News was not able to confirm or deny this or whatever other action AG Bill Lockyer office is doing on this matter, except the East Coast AG's are ahead of the West Coast AG's.
As we are getting closer and closer to the deadline of creditors filing claims with the NorVergence bankruptcy in New Jersey, other parts of the puzzle will come together, such as where the money went, who was responsible, who was in the “know” and he was “not,” and is there “fraud” involved? The New Jersey Attorney General has already declared there is, and filed against the corporation, the officers, and other “John Does” to be named. The Federal Trade Commission is not letting this go. As this become more a “reality,” you will see more NorVergence funders change their tune in pursuit of who was right or wrong, and see this is too costly to pursue in time spent and cash outlay.
As reported earlier, the trustee for the bankruptcy has several times extended the deadline for making claims, and is considering another extension due to all the leases involved. Once the deadline is passed, no claims will be accepted.
There has been controversy regarding NorVergence lessees making claims. As noted earlier, many of the settlements contain provisions about further actions or claims, but they may not apply to NorVergence, in bankruptcy, or telephone companies, who also may be culpable in the transactions.
We at Leasing News have printed an editorial as to our position, made after not only consulting our Advisory Board but taking a poll of our readers
http://www.leasingnews.org/Conscious-Top%20Stories/
Novergence_67.htm
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Classified---Help Wanted
Account Representative & Inside Sales Manager
About the Company: At Dell Financial Services, we aspire to fuel your potential with the kind of challenging opportunities and hands-on support you need to grow. We're the exclusive provider of leasing and finance services for Dell technology systems worldwide. |
Accounting
|
Business Development Officer
|
About the Company: Santa Barbara Bant & Trust is a $5+ billion, multi-bank holding company dedicated to providing an enduring network of community banks on the Central Coast of California. This unique partnership of independent banks provides customers in six California counties with the financial strength and product diversity of a big bank, delivered with the responsiveness |
Funding Manager
|
About the Company: Advantage Funding is the leader in automotive and equipment lease financing, Long Island City, NY. |
Middle Market Sales Representative
|
About the Company: A rapidly expanding Middle Market Leasing / Finance Company located in CT. Equilease Financial Services, Inc |
Business Channel Manager / National Sales Manager/ Small Ticket Leasing Sales People
MSI International is a global recruiting firm that has been supporting the grown and success of companies and enhancing the careers of professionals since 1968. |
National Accounts Manager
Trinity Capital, a subsidiary of Bank of the West, is a national leader in the equipment financing industry with a consistent presence and superior reputation. |
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Newsletter Advertising Information
This is for ten printed editions.
(The ad remains on our web site edition until the ten issues are sent out.)
Minimum price is $500.00
We can help you with the design
If newsletter is not published, an extra day will be added.
Pricing Information
The logo is free and the description is free at the bottom.
We have "tricks" such as a link to your website or to a full job description ( no cost for this.)
Samples of ad sizes here:
http://www.leasingnews.org/Classified/examples-banner.htm#aa
$500.00 - Ad Size 6.5in W X 2.5in H
$850.00 - Ad Size W6.5in X 4in H
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Placement of the ads is at the discretion of the webmaster.
We suggest you send in your proposed ad to learn how many lines will be. We will make any suggestion to help you lower your ad cost.
You may call Kit Menkin or Maria Martinez-Wong at
408-727-6464 or
fax copy to us at
800-727-2026.
Email: Kitmenkin@leasingnews.org
Maria@leasingnews.org
Help Wanted Ad Pricing Criteria
It is best to send us the company and let us help cut the lineage or show you short cuts, such as a link to your web site description, or we can make a link to the specific job description that you send to us.
The log is free, as well as the description of your company under the ad.
Smaller Ads
$400.00 minimum for four lines (Lines 1 - 4)
Larger Ads
$50.00 per line: the next four lines (Lines 5 - 8)
$25.00 per line there after (Lines 9 & up)
-Company logo is not included in the linage count, company logo is FREE
Also Free: Description of your company (company description can not have more lines than your ad)
This is for ten printed editions. (The ad remains on our classified section until the ten issues are sent out.) The ad at the top of our newsletter is on a rotation basis, and not guaranteed for specific days. Placement on our classified section and newsletter is in alphabetical order, with the larger ads placed first for each individual categories.
Click here for examples.
http://www.leasingnews.org/Classified/examples.htm
If you would like more information, please contact:
maria@leasingnews.org
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#### Press Release ###################
Balboa Capital Corporation Names Robert Coffey
VP of Vendor Services
(Irvine, CA) Balboa Capital Corporation announced the hiring of Robert Coffey as the new Vice President of Vendor Services in October 2004. In this role, Mr. Coffey is responsible for the development, implementation, and management of vendor programs and product lines.
Mr. Coffey came to Balboa Capital from American Express Business Finance where he managed vendor leasing programs since 2000. He most recently held the role of National Sales Manager for Information Technology and Telecommunications. Mr. Coffey earned his Bachelor of Arts degree in Business Administration from the University of Maryland while serving on active duty for the military.
“The momentum of our direct and broker channels, the growth opportunity in our market, and our complementary product visions come to represent a unique opportunity to lead the vendor services market,” said Mr. Coffey. “I look forward to building a vendor service infrastructure that will be unmatched within the industry.”
# # #
About Balboa Capital
Balboa Capital provides equipment leasing and financing to small and mid-sized business in the United States. The company markets its products through its direct sales force, broker channel, and vendor partnerships. The company offers leases in the range of $ 5,000 to $ 5,000,000. Balboa Capital is privately held and based in Irvine, CA.
Jonathan Albin
Balboa Capital Corporation
Direct: 949.553.3498 Fax: 949.399.3198
jonea@balboacapital.com
www.balboacapital.com
### Press Release #####################
Highland Capital Corporation Announces the Addition of
Mark A. Cooper, Account Executive
Little Falls, NJ Highland Capital Corporation, is pleased to announce the addition of Mark A. Cooper to their National Healthcare Sales Team. With over 19 years of professional experience primarily in the healthcare equipment finance market, Mark has a wealth of knowledge in implementing creative small ticket vendor leasing programs. Prior to joining HCC, Mark has held various sales management and business development positions with GE Capital, American Express Equipment Finance and most recently with Popular Leasing USA. Mark his highly regarded as a top producer in the field and has originated and managed over $1B in new business volume to date.
In his new position, Mark will focus on business development, program management and sales in the Healthcare Vendor Market. He will be responsible for bringing in new vendor relationships in the US.
Highland Capital Corporation is a member of the Greater Community Bancorp family of financial services companies, a publicly traded organization headquartered in New Jersey. HCC is a full service lessor with over 50 years of collective experience serving the Healthcare Equipment and Commercial Equipment Markets. For more information you may contact them toll free at 877-527-4422 or visit their website at www.highlandcc.com.
Highland Capital Corporation – 5 Center Avenue – Little Falls, NJ 07424
### Press Release #####################
ORIX Venture Finance Increases Silicon Valley Headcount
PALO ALTO, Calif., -- ORIX Venture Finance, a leading provider of expansion capital to mid- to late-stage venture-backed companies, announced today that Richard Thomson has joined its Silicon Valley/West Coast team as an associate. The staff addition was warranted as a result of an overwhelming increase in business in the West as well as an optimistic forecast about venture finance market activity in 2005.
"Richard has a strong financial analysis background, a broad experience base in banking and finance, and great interpersonal skills," said Michael David, managing director of ORIX Venture Finance's Silicon Valley office. "All those attributes will be invaluable as he becomes an integral part of our team, with responsibilities ranging from financial analysis and due diligence to new deal screening and overall portfolio management."
Thomson comes to ORIX Venture Finance from U.S. Bank in Walnut Creek, where he served as an assistant vice president-relationship manager for three years. Prior to that, he served as a credit analyst for Comerica Bank-California and as a financial analyst for Global Alliance Value Investors. Thomson earned a B.S. in business administration from Saint Mary's College of California.
ORIX Venture Finance provides financing alternatives to late-stage companies seeking capital to support their continued growth. While no one anticipates a return to the boom levels of the late '90s, all signs point to 2005 being an active year for the venture finance market.
"Both the M&A market and IPOs are heating up, so companies are looking for an alternative to raising additional equity capital," David said. "We anticipate the West Coast venture finance market will be very strong this year, especially for the sector we focus on, late-stage growth companies."
About ORIX Venture Finance, LLC
ORIX Venture Finance, LLC, a member of the Corporate Finance Group of ORIX USA Corporation, with offices in Silicon Valley, Hartford and New York, provides enterprise financing to mid- to late-stage companies via acquisition and growth capital. The ORIX Venture Finance team consists of experienced finance professionals who understand the challenges growth companies face and structure flexible financing packages that meet their unique needs. ORIX USA Corporation is a subsidiary of ORIX Corporation (NYSE:IX), a $50 billion integrated financial services group based in Tokyo, Japan, providing innovative value-added products and services to both corporate and retail customers. With operations in 23 countries worldwide, ORIX's activities include leasing, corporate finance, real estate-related finance and development, life insurance, and investment and retail banking. For more information about ORIX Venture Finance, go to
http://www.orixventurefinance.com.
SOURCE ORIX Venture Finance, LLC
### Press Release #####################
|
Synovus Named One of FORTUNE's ''100 Best Companies To Work For''
in America For Eighth Straight Year
COLUMBUS, Ga)----Synovus (NYSE - "SNV"), the Columbus, Georgia-based diverse financial services company, today announced it has been named No. 50 on FORTUNE magazine's eighth annual listing of "The 100 Best Companies To Work For." Synovus was ranked No. 10 among "Large Companies" making the list, which represents organizations with more than 10,000 U.S. employees, and has been named to FORTUNE's "Hall of Fame," which recognizes the 22 companies that have been named on the list each year since its inception in 1998. This year's list will appear in FORTUNE magazine's January 24, 2005 issue.
"To be named to FORTUNE's list for the eighth straight year and to be among the best employers in our country is always an honor. And this year, to receive the prestigious 'Hall of Fame' designation validates that we have been consistent in our efforts to continually keep our focus on what matters most, our people," said James H. Blanchard, Synovus CEO. "We expect, recognize and reward great accomplishments from our team members, and they expect the same from us. We do not take this achievement for granted and we work everyday to make sure that every single one of our 12,000 team members knows how much they are valued."
Synovus (NYSE:"SNV") is a diversified financial services holding company with $25 billion in assets based in Columbus, Georgia. Synovus provides integrated financial services including banking, financial management, insurance, mortgage and leasing services through 40 banks and other Synovus offices in Georgia, Alabama, South Carolina, Florida and Tennessee; and electronic payment processing through an 81-percent stake in TSYS (NYSE:"TSS"), the world's largest third-party processor of international payments. Synovus has been named one of "The 100 Best Companies To Work For" in America by FORTUNE magazine, and has been recognized in its Hall of Fame for consecutive appearances on the list since its inception in 1998. In 2004, Synovus was also named as one of "America's Most Admired Companies." See Synovus on the Web at www.synovus.com .
Synovus Aimee E. Davis, 706-644-0528
### Press Release #####################
Stroock Names Four New Special Counsel
NEW YORK------Stroock & Stroock & Lavan LLP, a national law firm with offices in New York, Los Angeles and Miami, named four new Special Counsel, effective January 1, 2005.
The new Special Counsel and their practices are:
Ayesha M. Barnett (Corporate, New York) Ms. Barnett, 39, advises clients on a broad range of corporate matters, including mergers and acquisitions, corporate finance and securities transactions. She regularly represents purchasers and sellers in negotiated purchases and dispositions of assets and businesses. Ms. Barnett also counsels issuers and investment banks in public and private offerings of debt and equity securities, and advises private investment funds as to their formation and investment activities.
Jonathan D. Blum (Real Estate, New York) Mr. Blum, 34, practices in all areas of real estate development law, including the negotiation of leases, contracts of sale and construction-related agreements. He regularly counsels clients involved in commercial leasing, representing landlords and tenants in both office and retail leases.
Eric M. Kay (Financial Restructuring, New York) Mr. Kay, 40, focuses on corporate restructurings, representing debtors, creditors' committees, secured lenders, distressed debt investors, acquirers and other creditors in bankruptcy proceedings and out-of-court restructurings. He regularly represents bondholder committees, official creditors' committees and large individual creditors in complex Chapter 11 cases.
Donald Liebman (Real Estate/Tax Certiorari, New York) Mr. Liebman, 47, has been involved in every aspect of the tax certiorari field, from strategic real estate tax planning to trial and appeal. He represents both institutional and real estate industry clients in successfully challenging valuations, obtaining tax exemptions for both new construction and redevelopment, and rendering opinions on the potential taxation of various projects.
Stroock & Stroock & Lavan LLP, established in 1876, is a law firm providing transactional and litigation guidance to leading multinational corporations, investment banks, and venture capital firms in the U.S. and abroad. Stroock's emphasis on client service and innovation has made it one of the nation's leading law firms for 125 years. Stroock's practice areas include corporate finance, legal services to financial institutions, energy, financial restructuring, intellectual property, litigation and real estate. For more information, please visit Stroock's website at www.stroock.com.
Stroock & Stroock & Lavan LLP Elyse Blazey, 212-806 -6098 eblazey@stroock.com
### Press Release ####################
First Hawaiian Bank Chooses P&H for Online
Business Banking Offerings
NEWTON, Mass.-----P&H Solutions, the leader in providing business banking solutions to financial institutions throughout North America, today announced that First Hawaiian Bank has chosen the P&H Web Cash Manager Suite as the cornerstone of its online business banking offerings. First Hawaiian will license the full Web Cash Manager product including the complete set of small business and corporate banking modules. The new system will allow the bank to expand the online services it offers to small and large businesses throughout Hawaii, Guam, and Saipan.
"Web Cash Manager lets us build a comprehensive portfolio of banking products and services to serve small business and corporate banking markets from the same system," said Keith Nagata, Senior Vice President - Business Services of First Hawaiian Bank. "We particularly liked the seamless way functionality can be scaled between small business and larger corporate customers. As a customer's needs grow, we can keep them on the same system."
"First Hawaiian has a creative real-world vision for the growth of business banking," says Ralph Dangelmaier, President of P&H. "As an organization P&H is positioned to be a major asset for them - through the capabilities of our Web Cash Manager product, our Storefront of third-party business banking products, and the depth of implementation experience we offer. We look forward to a long and successful relationship."
About First Hawaiian Bank
First Hawaiian Bank was founded in 1858 and is the oldest financial institution in Hawaii. It has 56 branches throughout Hawaii, three in Guam and two in Saipan. Principal subsidiaries include First Hawaiian Insurance, Inc. and First Hawaiian Leasing, Inc.
First Hawaiian Bank is a subsidiary of BancWest Corporation, a regional financial services company with total assets of more than $50 billion as of December 31, 2004. BancWest is a subsidiary of BNP Paribas, an international financial services group with solid roots in Europe, leading positions in Asia and an active presence in the United States. It is the leading bank in the Euro Zone in terms of net income.
About P&H Web Cash Manager Suite
The P&H Web Cash Manager Suite is the industry-leading web-based business banking system. It allows financial institutions of all sizes to uniquely package products and services for different markets, or even individual customers, from a single flexible platform. Financial institutions can choose from over 60 different modules designed for the smallest SOHO client up through the largest corporate client. The P&H Web Cash Manager Suite also provides an infrastructure for integrating other products and services offered by financial institutions.
About P&H Solutions
Since its founding in 1983, P&H Solutions has continually focused on the needs of financial institutions and their customers, with a strong commitment to helping financial institutions meet their strategic business banking objectives by delivering the most robust application suite in the industry. With over 120 financial institutions in production with its Web Cash Manager Suite, P&H is the market leader in adding demonstrative value to the business banking relationship. Industry analyst Celent Communications has ranked P&H as the number one cash management vendor for each of the last three years.
P&H customers include AmSouth, Citibank, City National Bank, J.P. Morgan Chase, PNC, Merrill Lynch, Sovereign Bank, and Wells Fargo, as well as hundreds of credit unions, community banks, savings banks and regional financial institutions. P&H Solutions is headquartered in Newton, Massachusetts, with offices in nine other states. Additional information can be found at www.ph.com, or by calling 617-796-7700.
P&H and P&H Web Cash Manager Suite are trademarks of P&H Solutions, Inc.
Parallax LLC for P&H Bill Dorfman, 781-235-3424 bdorfman@parallaxllc.com
### Press Release #####################
American Pallet Leasing Set to Begin Pallet Production at
South Carolina Facility
CEDAR RAPIDS, Iowa-----American Pallet Leasing, Inc. (OTCBB:APLS), a vertically integrated manufacturer and logistical supplier of pallets, announced today that it is completing the installation of pallet manufacturing equipment at its Blacksburg, South Carolina Saw Mill and expects to begin initial production runs around the middle of January. The Blacksburg facility, which currently generates all its revenue from lumber production, will make use of material that previously would have been ground into chips, thereby further increasing the mills productivity, while advancing the Company's strategy.
APL's Chief Executive Officer, Timothy R. Bumgarner, commented that initially, the Blacksburg facility will produce approximately 10,000 wooden pallets per week, and will increase its output to nearly 75,000 per week by the end of the quarter. "Although that may seem like a large number, it is still less than one percent of the demand for pallets in the US alone," Mr. Bumgarner said. "Production from this one facility will add about $200,000 per month to our revenue stream, much of it going to our bottom line. Our strategy calls for expansion through the acquisition of additional pallet manufacturers and saw mills, and we currently have several in the works. We believe we can make them as efficient as the Blacksburg facility. Considering the huge demand for pallets, that makes APL's growth prospects pretty exciting."
About American Pallet Leasing Inc.
APL is a vertically integrated manufacturer and logistical supplier of pallets. The Company is engaged in an acquisition roll-up of strategically located wood pallet manufacturers and saw (lumber) mills. Management's goal is to create a "Closed Loop Distribution System" by transforming the $1.6 billion-per-year pallet business from a commodity industry into a logistics management enterprise that will supply and manage the pallet requirements of manufacturers and distributors. APL currently owns one saw mill and intends to acquire others as an efficient means of sourcing lumber for its wood pallet manufacturing operations. APL also holds patents on proprietary galvanized steel pallets and intends to begin manufacturing them upon receipt of additional capital. So far, all of APL's revenue has come from its sawmill operations, but the Company currently is negotiating management and logistics contracts to supply and manage the customers' complete pallet needs.
American Pallet Leasing Inc. Timothy R. Bumgarner or Byron Hudson, 864-936-7000 or EPOCH Financial Group James Kautz, 678-574-5615
### Press Release #####################
News Briefs---
More slides possible, residents told
http://www.usatoday.com/weather/stormcenter/
2005-01-12-mudslide-_x.htm
U.S. Trade Deficit Rises to New High; More Risk to Dollar
http://www.nytimes.com/2005/01/13/business/
13trade.html?oref=login
Mortgage Requests Fall
http://www.nytimes.com/2005/01/13/business/
13mba.html?pagewanted=all
Small Firms to hike prices 30% in the next three months
http://www.usatoday.com/money/smallbusiness/
2005-01-11-prices-usat_x.htm
UPS cuts fourth quarter earnings forecast
http://www.ajc.com/business/content/business/0105/12ups.html
Apple's Profit Quadruples, Thanks to IPod
http://www.nytimes.com/2005/01/13/technology/13apple.html
$499 Mac mini takes Apple into new market
http://www.mercurynews.com/mld/mercurynews/business/10624876.htm
Wal-Mart CEO vows 'unfiltered truth'
http://www.usatoday.com/money/industries/retail/
2005-01-12-walmart-usat_x.htm
Bush's Cyber Security Force Loses Another One
http://www.internetnews.com/bus-news/article.php/3458241
Home Improvement Spending Rises – Study
http://www.washingtonpost.com/wp-dyn/articles/A5574-2005Jan13.html
Americans devour Frenchwoman's diet book
http://www.usatoday.com/life/books/news/
2005-01-12-french-diet-book_x.htm
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Sports News---
McCombs requests Buck be removed from telecast, Fox refuses
http://cbs.sportsline.com/nfl/story/8092829
Holmgren had thoughts of leaving
http://seattlepi.nwsource.com/football/207487_hawk12.html
49ers are wasting time and seeking wrong people
http://www.mercurynews.com/mld/mercurynews/sports/
football/nfl/san_francisco_49ers/10620899.htm
Sources say Lions considering releasing Harrington
http://www.mlive.com/lions/stories/index.ssf?/base/sports-1/1105528200104850.xml
The Rams and Martz Regroup Just in Time
http://www.nytimes.com/2005/01/13/sports/football/13martz.html
A's sale could happen quickly
http://www.sfgate.com/cgi-bin/article.cgi?f=/chronicle/
archive/2005/01/12/SPG4SAOUHO1.DTL
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“Gimme that Wine”
To order call +44 (0) 20 7779 8999 or toll free in the US +1 800 437 9997 to receive your 10% discount. You can also order on line at |
Beer is still king, but wine and spirits are close behind
http://www.sfgate.com/cgi-bin/article.cgi?file=/news/archive/
2005/01/10/financial0013EST0004.DTL
Study finds most wine drinkers fail to recognize names of appellations
http://www1.pressdemocrat.com/apps/pbcs.dll/article?AID=/
20050111/NEWS/501110373/1036/BUSINESS
Alexander Valley cabernets are beginning to challenge Napa
http://www.napanews.com/templates/index.cfm?template=
story_full&id=AFB2FDF9-1098-4325-B066-07389B4F52FE
Modern Love for Ancient Vines in Southern Italy—Eric Asimov
http://www.nytimes.com/2005/01/12/dining/12CAMP.html
Rustic No More, Aglianicos Sparkle—Eric Asimov
http://www.nytimes.com/2005/01/12/dining/
12WINE.html?pagewanted=all
Australian Wine Sales Rise at Fastest Rate in 2 Years
http://www.bloomberg.com/apps/news?pid=10000080&sid=
ae8Nf8RAcdqU&refer=asia
Mass producers turning to boxes, cans, plastic in bid to boost sales
http://www.chicagotribune.com/business/chi-0501100022jan10,
1,7613337.story?coll=chi-business-hed&ctrack=1&cset=true
Steltzner Vineyards claims former worker gave away secrets
http://www.napanews.com/templates/index.cfm?template=
story_full&id=E82E038D-493C-4603-ADBA-CBC1DB07CE40
This Day in American History
1733- James Oglethorpe and 130 English colonists arrive at Charleston, SC
http://georgiahistory.i-found-it.net/georgiahistory1.html
http://www.virtualmuseumofhistory.com/internationalhall/
worldleaders/JAMESOGLETHORPE.COM/
http://ourgeorgiahistory.com/people/oglethorpe.html http://www.cviog.uga.edu/Projects/jeo300/savanna1.htm
1794-Congress authorizes an “act making an alteration in the flag of the United States... that from and after the first day of May,1795, the Flag of the United States be fifteen stripes, alternated red and white; and that the union be fifteen stars, white, in a blue field. The change was made so that Vermont and Kentucky would be represented on the flag. A law passed on April 4, 1818, reduced the number of stripes to 13 to represent the original 13 states, as in the first American flag, and provided one star for each state. A new star was to be added on the Fourth of July following the admission of each new state.
1807- Birthday of Union General Napoleon Bonaparte Buford, born in Woodford, Kentucky. Buford held many commands in the west and was a hero at the Battle of Belmont early in the war. Buford attended West Point and graduated in 1827, sixth out of 38 in his class. After a stint with the frontier military, he was given leave to study law at Harvard. He taught at West Point before leaving the service to become a businessman. He was an engineer and banker in Illinois during the 1840s and 1850s. When the war began, the 54-year-old Buford raised his own regiment, the 27th Illinois. He was commissioned as a colonel, and his unit was sent to Cairo, Illinois, and placed in General Ulysses S. Grant's army. On November 7, 1861, Grant attacked a Confederate camp at Belmont, Missouri, and quickly drove the Rebels away. But Grant's men became preoccupied with plundering the area, and a Confederate counterattack nearly turned to disaster for the Yankees. Buford's regiment was nearly cut off from the main Union force. He rallied his men and they fought their way out of the Confederate trap. Buford was commended for his bravery After Belmont, Buford participated in the capture of Island No. 10, a Confederate stronghold in the Mississippi River, and Buford was left in command after its capture. Buford and his regiment fought at Corinth in October 1862, but the colonel fell seriously ill from sunstroke. He left field command and sat on the court martial of General Fitz John Porter in Washington. Buford returned to the west and was promoted to Brigadier General in charge of the District of Eastern Arkansas. He remained there for the remainder of the war, although his main military action came in chasing off Confederate raiders in the area. Buford generated controversy in his dealings with black troops. He had drawn earlier criticism for not helping refugee slaves, and now he proclaimed his preference for commanding white troops. He justified it by saying that black troops were not as well trained and they were more likely to fall prey to drawn attention from southern bushwhackers. It was also true that Confederate soldiers went out of their way to attack units with Black soldiers, killing all wounded men on the field and shooting prisoners. Buford silenced some of the criticism by implementing programs for freed slaves in Arkansas that generally succeeded in taking care of their immediate needs. Poor health forced his resignation in March 1865, just before the end of the war. He was brevetted to major general following his retirement. He worked in a variety of businesses after the war and died in Chicago in 1883. Napoleon Bonaparte Buford was the older half-brother of John Buford, a Union General who commanded the Union force that first engaged the Confederates.
1808-Birthday of Salmon Portland Chase, American statesman, born at Cornish, NH. US senator, secretary of the treasury and chief justice of the Supreme Court. Salmon P. Chase spent much of his life fighting slavery ( he was popularly known as “attorney general for runaway Negroes.”) He was one of the founders of the Republican Party and his hopes for becoming a candidate for president of the US in 1856 and 1860 were dashed because his unconcealed antislavery view3s made him unacceptable. Died at New York, NY, May 7, 1873.
1832- President Andrew Jackson wrote Vice President Martin Van Buren expressing his opposition to South Carolina's defiance of federal authority. South Carolinians agreed and planned to use armed force to prevent duty collection in the state after February 1, 1833. The Nullification Crisis of 1832-1833 was resolved without bloodshed in March 1833. Henry Clay and John C. Calhoun, who left the vice presidency at the end of 1832 to serve South Carolina in the Senate, drafted a reduced tariff agreement that pacified South Carolina while allowing the Federal government to stand firm.
( lower half of: http://memory.loc.gov/ammem/today/jan13.html)
1834-Birthday of Horatio Alger, American clergyman and author of more than 100 popular books for boys ( some 20 million copies sold). Honesty, frugality and hard work assured that the heroes of his books would find success, wealth and fame. Born at Revere, MA, he died at Natick, MA, July 18,1899.
1850-Birthday of Charlotte R. Ray, the first black lawyer in the United States who was also a woman and certified as the first woman admitted to practice in Washington, D.C., many say because she signed the application C.R. Ray without using her first name. By 1878, in the face of overwhelming sexual and racial prejudice when not even black men would consult her, she returned to teaching in Brooklyn, NY. Died January 4,1911 at the age of 61 from acute bronchitis.
http://www.womenshistory.about.com/library/bio/blbio_ray_charlotte.htm
http://www.law.howard.edu/alumni/legalgiants/huslgiantoct2k.htm
http://www.stanford.edu/group/WLHP/papers/CharlotteRay.pdf
1864 - Composer Stephen Foster was found critically ill in his hotel room three days earlier, and on this date, died in Bellevue Hospital, New York, at age 37. He only had 35 cents in his pocket, along with a little slip of paper on which he had written, "Dear friends and gentle hearts." While never a great composer, Foster wrote many of the popular songs of the era which remained a part of Americana for more than a century, including Jeannie with the Light Brown Hair, Oh! Susanna, My Old Kentucky Home, and Old Folks at Home, also known as Swanee River. Many of his songs - including "Oh! Susanna," "Camptown Races" and "Old Black Joe" - are written in black dialect. Foster gained much of his knowledge of blacks through his early experience in traveling minstrel shows. He became a heavy drinker, suffered from tuberculosis, and lapsed into obscurity. His last song, Beautiful Dreamer, which he penned just a few days before his death, joined his earlier classics
1869-First Convention of the Colored National Labor Union, the first Black labor convention.
http://www.uwm.edu/Course/448-440/national.htm
http://www.africana.com/Articles/tt_631.htm http://www.afscme.org/about/aframlink.htm
1873-P.B.S. Pinchback ends service as first black governor of Louisiana.
http://www.africana.com/Articles/tt_1153.htm
http://www.sec.state.la.us/46.htm
http://www.huarchivesnet.howard.edu/9911huarnet/pbs1.htm
http://www.gnocdc.org/orleans/11/73/snapshot.html
http://66.216.8.84/CreoleCulture/famouscreoles/Pinchback/pinchback.htm
1884-Grand entertainer Sophie Tucker was born in Poland. She was known as "The Last of the Red Hot Mamas" and her career in stage, film, cabaret, radio, TV and recording lasted more than 60 years, beginning with an appearance at her father's cafe in Hartford, Connecticut in 1905. Tucker's most famous songs were "Some of These Days," recorded in 1926, and "My Yiddish Momma," cut two years later. Sophie Tucker died in 1966.
http://memory.loc.gov/ammem/today/jan13.html
1885-Birthday of Alfred Carl Fuller, founder of the Fuller Brush Company, born at Kings County, NS, Canada. In 1906 the young brush salesman went into business on his own, making brushes at a bench between the furnace and the coal bin in his sister's basement. Died at Hartford, CT, Dec. 4, 1973.
1886 - A great blizzard struck the state of Kansas without warning. The storm claimed 50 to 100 lives, and eighty percent of the cattle in the state.
1888 - The mercury plunged to 65 degrees below zero at Fort Keough, located near Miles City MT. The reading stood as a record for the continental U.S. for sixty-six years
1909-Birthday of trombonist Quentin “Butter” Jackson, born Springfield, OH. With Duke Ellington from 1948 to 1959.
1910-Radio pioneer and electron tube inventor Lee de Forest arranged the world's first radio broadcast to the public at New York, NY. He succeeded in broadcasting the voice of Enrico Caruso along with other stars of the Metropolitan Opera to several receiving locations in the city where listeners with earphones marveled at wireless music form the air. Though only a few were equipped to listen, it was the first broadcast to reach the public and the beginning of a new era in which wireless radio communication became almost universal.
1912-Delta Sigma Theta, sorority, founded on the campus of Howard University.
1912 - The temperature at Oakland, MD, plunged to 40 degrees below zero to establish a state record.
1926-Birthday of arranger/trombonist Melba Liston, Kansas City, MO, Died April 23, 1999
http://hardbop.tripod.com/liston.html
http://elvispelvis.com/melbaliston.htm
http://www.jazzreview.com/articledetails.cfm?ID=438
1926-Birthday of Gwen Verdon, born Culver City, Los Angeles, CA. One of Broadway's premier female dances and actresses, many of her most successful roles were choreographed by her husband Bob Fosse. She won Tony Awards for Can-Can, Daman Yankees, New Girl in Town and Redhead. She also acted in movies, including Cocoon and the film adaptation of Damn Yankees. She starred in the original Broadway production, which my mother and father took me to see and I will never forget her performance, especially being a Brooklyn Dodger fan.
http://us.imdb.com/name/nm0893862/
http://www.povonline.com/cols/COL317.htm
1929-Birthday of guitarist Joe Pass http://www.riffinteractive.com/expguitar/JoePass1.htm
http://www.classicjazzguitar.com/albums/artists_albums.jsp?artist=55
http://www.gould68.freeserve.co.uk/JoePass.html
1930 - The comic strip "Mickey Mouse" debuted in American newspapers, with Floyd Gottfredson as its ghost writer.
1933 - Making her first professional basketball appearance, Babe (Mildred) Didrikson scored nine points as the Brooklyn Yankees defeated the Long Island Ducklings.
1936- Baptist clergyman B.B. McKinney, 50, wrote the words and tune to the gospel song, "Wherever He Leads, I'll Go," a few days before the opening of a Sunday School convention in Alabama.
1938 - For Victor Records, singer Allan Jones recorded "The Donkey Serenade", which became the song most often associated with him. Allan also sang and acted in several Marx Brothers films including: "A Night at the Opera", "A Day at the Races". The film that made him a star was the operetta, "Firefly" with Jeanette MacDonald. Singer Jack Jones is the son of Allan and his actress wife, Irene Hervey ("The Count of Monte Cristo", "Play Misty for Me"). .
1941 - The four Modernaires came to sang with the Glenn Miller Band on a full time basis. In 1946, they had a ‘solo' hit with "To Each His Own".
1941-Charlie Spivak records with own band first time. Okey label.
1942 - Henry Ford patented the plastic automobile, which decreased the weight of a car by 30%.
1949---Top Hits
Buttons and Bows - Dinah Shore
On a Slow Boat to China - The Kay Kyser Orchestra (vocal: Harry Babbitt & Gloria Wood)
A Little Bird Told Me - Evelyn Knight
I Love You So Much It Hurts - Jimmy Wakely
1953-Don Barksdale becomes the first Black person to play in an NBA All-Star Game.
http://sports.insidebayarea.com/top50.asp?story=Don_Barksdale
http://thisweek.kqed.org/segments/390/
1955 - Chase National Bank (founded in 1877) and the Bank of Manhattan Company (founded in 1799 as a water company) agreed to merge, becoming the second largest bank in the U.S.
1957 - The Wham-O Company developed the first plastic Frisbee. The most popular theory as to how this flying disc came to be dates back to the 1920s when Yale students invented a game of catch by tossing around metal pie tins from the Frisbee Baking Company in nearby Bridgeport, Connecticut. They would frequently shout “Frisbieeeee” to warn passersby of the oncoming pie plate. Building inspector Fred Morrison puttered with and refined a plastic flying disc that he sold to WHAM-O (for $1 million) on this day in 1955. The disc was introduced to the consumer market in 1957 as the Pluto Platter (the name inspired by the U.S. obsession with UFOs). Wham-O changed the name to Frisbee in 1958, upon hearing the Yale pie-tin story. (Mattel now owns the rights to Frisbee, which has become an American icon.)
1957 - For Victor Records in Hollywood, California, Elvis Presley recorded "All Shook Up" and "That's When Your Heartaches Begin"; which became Elvis' ninth consecutive gold record.
1957---Top Hits
Singing the Blues - Guy Mitchell
The Banana Boat Song - The Tarriers
Moonlight Gambler - Frankie Laine
Singing the Blues - Marty Robbins
1961 - In the first round of the Los Angeles Open golf tournament, golfing great Arnie Palmer scored an embarrassing 12 strokes on one hole.
1962 - Singer Chubby Checker set a record, literally, with the hit, "The Twist". The song reached the #1 position for an unprecedented second time -- in two years. "The Twist" was also number one on September 26, 1960. The song, widely considered one of the most successful singles of all time, was on the Top 100 charts for 39 weeks, longer than any other single except "Red Red Wine" by UB40. When an early recording of "The Twist" by Hank Ballard and the Midnighters became the top dance song on Dick Clark's American Bandstand but failed to get much radio play, Clark suggested that a new artist should record a cover. Singer Ernest Evans of Cameo Records recorded the song and changed his name to Chubby Checker as a takeoff on Fats Domino. The song hit the charts in 1960 when it became immensely popular with teenagers, but adults started buying the record in 1962, after Chubby Checker sang "The Twist" on Ed Sullivan's October 22 show.
1962-First Operation Farm Gate missions flown .
In the first Farm Gate combat missions, T-28 fighter-bombers are flown in support of a South Vietnamese outpost under Viet Cong attack. By the end of the month, U.S. Air Force pilots had flown 229 Farm Gate sorties. Operation Farm Gate was initially designed to provide advisory support to assist the South Vietnamese Air Force in increasing its capability. The 4400th Combat Crew Training Squadron arrived at Bien Hoa Airfield in November 1961 and began training South Vietnamese Air Force personnel with older, propeller-driven aircraft. In December, President John F. Kennedy expanded Farm Gate to include limited combat missions by the U.S. Air Force pilots in support of South Vietnamese ground forces. By late 1962, communist activity and combat intensity had increased so much that President Kennedy ordered a further expansion of Farm Gate. In early 1963, additional aircraft arrived and new detachments were established at Pleiku and Soc Trang. In early 1964, Farm Gate was upgraded again with the arrival of more modern aircraft. In October 1965, another squadron of A-1E aircraft was established at Bien Hoa. Secretary of Defense Robert McNamara approved the replacement of South Vietnamese markings on Farm Gate aircraft with regular U.S. Air Force markings. By this point in the war, the Farm Gate squadrons were flying 80 percent of all missions in support of the Army of the Republic of Vietnam (ARVN). With the build up of U.S. combat forces in South Vietnam and the increase in U.S. Air Force presence there, the role of the Farm Gate program gradually decreased in significance. The Farm Gate squadrons were moved to Thailand in 1967, and from there they launched missions against the North Vietnamese in Laos.
1962-Center Wilt Chamberlain of the Philadelphia Warriors set an NBA regular season record by scoring 73 points in a game against Chicago. Chamberlain had scored 78 points in the previous December, but that game had gone into three overtime periods.
1972- The Beach Boys' "Surfin'" is getting airplay in Los Angeles and enters Billboard, moving up the Hot 100 chart at #118.
1964 - Capitol released in the United States The Beatles' single I Want to Hold Your Hand/I Saw Her Standing There .
1965---Top Hits
I Feel Fine - The Beatles
She's a Woman - The Beatles
Love Potion Number Nine - The Searchers
Once a Day - Connie Smith
1965-After the NBA All-Star game in which San Francisco Warriors center Wilt Chamberlain scored 20 points and grabbed 16 rebounds, the Warriors shocked the basketball world by announcing that they were trading Chamberlain to the Philadelphia 76ers for three minor leaguers and !150,000.
1966 - On "Bewitched," Elizabeth Montgomery's character, Samantha, gave birth to her first child, Tabitha. The witch's daughter could wiggle her nose with her finger and cause problems for daddy, Darin, just like mom.
1967 -- The Dead, Junior Wells' Chicago Blues Band, & the Doors at the Fillmore, San Francisco, California.
1968- Johnny Cash recorded a live album at Folsom Prison. The LP was on the Billboard pop chart for 122 weeks, and from it came the chart-topping country single "Folsom Prison Blues."
1968-Dr. K.C. Pollack of the University of Florida audio lab reports tests have found that the noise generated at rock & roll concerts is harmful to teenage ears.
1968-In a game between the Minnesota North Stars and the Oakland Seals, Minnesota rookie center Bill Masterton was checked into the boards and fell heavily on his head. He suffered massive brain damage and died two days later, the only fatality in NHL history.
1973- Eric Clapton came back from his three-year heroin addiction problem with a concert at the Rainbow club in London. Clapton, helped and encouraged by Pete Townshend of the Who, was back on the album charts in 1974 with "461 Ocean Boulevard."
1972-Nixon announces additional troop withdrawals President Nixon announces that 70,000 U.S. troops will leave South Vietnam over the next three months, reducing U.S. troop strength there by May 1 to 69,000 troops. Since taking office, Nixon had withdrawn more than 400,000 American troops from Vietnam. With the reduction in total troop strength, U.S. combat deaths were down to less than 10 per week. However, Nixon still came under heavy criticism from those who charged that he was pulling out troops but, by turning to the use of air power instead of ground troops, was continuing the U.S. involvement in Vietnam rather than disengaging from the war. The last American troops would be withdrawn in March 1973 under the provisions of the Paris Peace Accords.
1973 - Carly Simon's "No Secrets" was the #1 album in the U.S. for the first of five weeks. The tracks: "The Right Thing to Do", "The Carter Family", "You're So Vain", "His Friends are More Than Fond of Robin", "(We Have) No Secrets", "Embrace Me You Child", "Waited So Long", "It Was So Easy", "Night Owl" and "When You Close Your Eyes".
1973---Top Hits
Me and Mrs. Jones - Billy Paul
Clair - Gilbert O'Sullivan
You're So Vain - Carly Simon
She's Got to Be a Saint - Ray Price
1974-A Gallup poll on religious worship showed that fewer Protestants and Roman Catholics were attending weekly services than ten years earlier, but that attendance at Jewish worship services had increased over the same period.
1974- 37 people were injured in a melee outside the Tower Records store in Los Angeles after the crowd discovered that singer Steve Miller was not going to be at a post-concert party at the store. The organizers forgot to invite him. Miller's single and album "The Joker" were riding high on the charts at the time.
1974 - Super Bowl VIII (at Houston): Miami Dolphins 24, Minnesota Vikings 7. The Dolphins win their second straight Super Bowl. Fran Tarkenton and the Vikings are the victims. MVP: Dolphins' RB Larry Csonka; Larry Csonka's 145 yards rushing to claim their second straight championship. . Tickets: $15.00
http://images.nfl.com/history/images/0113.jpg.
1976 - Sarah Caldwell, The Divine Miss Sarah, founder of the highly successful and artistically marvelous Boston Opera Company, the second woman in the history of the New York Philharmonic to conduct its orchestra (1975) became the first woman to conduct an opera at the Metropolitan, Verdi's La Traviata . Devoted to her Boston Opera company and opera in general, she uses off-beat methods to draw customers by using stage innovations which included such things as motorcycles and circus acts. She was born 03-05-24.
http://www2.worldbook.com/features/whm/html/whm068.html
http://www.smithsonianassociates.org/programs/cassettes/caldwell.HTM
1978-Elvis Presley's version of Paul Anka's "My Way" goes gold in five months after the King's death. Earlier, it had become one of Presley's 78 Top Twenty-five hits.
1981---Top Hits
(Just Like) Starting Over - John Lennon
Love on the Rocks - Neil Diamond
Hungry Heart - Bruce Springsteen
I Think I'll Just Stay Here and Drink - Merle Haggard
1982 - Air Florida Flight 90, a Boeing 737, attempted to take off from Washington's National Airport in one of the worst blizzards in history. Ice had built up on the wings of the jetliner as it waited its turn to take off, preventing it from gaining altitude. After crashing into the 14th Street Bridge, the plane fell into the Potomac River. 74 of the 79 people on the aircraft were killed in the accident. Four people on the bridge were killed.
1984 - Wayne Gretzky extended his consecutive scoring streak to 45 games, but the Edmonton Oilers winning streak ended at an unlucky 13 when Gretzky and company lost to the Buffalo Sabres 3-1.
1985-While not a date in American history, Otto Bucher of Switzerland became the oldest golfer to record a hole-in-one when he aced the 12 th hole at a golf course in Spain. Burcher was 99 years old.
1986 - NCAA member schools voted overwhelmingly in convention to adopt Proposition 48, a controversial attempt to raise the academic performance of student-athletes. Prop 48 required incoming freshmen to score 700 or more on the Scholastic Aptitude Test (SAT) or 15 on the American College Testing (ACT) exam or graduate from high school with a 2.0 grade point average in order to be eligible for athletics during freshman year.
1986 - For the first time in about 10 years, "The Wall Street Journal" broke with tradition and printed a real, honest-to-goodness picture on its front page. The story was about artist O. Winston Link and featured one of his works.
1988 - A fast moving cold front ushered arctic cold into the north central and northeastern U.S. Mason City IA reported a wind chill reading of 51 degrees below zero, and Greenville ME reported a wind chill of 63 degrees below zero. Winds along the cold front gusted to 63 mph at Rochester NY, and a thunderstorm along the cold front produced wind gusts to 62 mph at Buffalo NY, along with snow and sleet.
1989---Top Hits
Every Rose Has Its Thorn - Poison
My Prerogative - Bobby Brown
Two Hearts - Phil Collins
Hold Me - K.T. Oslin
1990 - A winter storm in the southwestern U.S. produced more than a twelve inches of snow in the mountains of California and Nevada. In northern California, Huntington Lake was buried under 40 inches of snow, and up to 20 inches was reported in northeastern Nevada. Heavy rain soaked some of the lower elevations of California. Gibraltar Dam CA was drenched with 5.33 inches of rain in two days.
1992 - United States serial killer Jeffrey Dahmer pleaded guilty but insane to the murders of 15 young men and boys. He had kept parts of his victim in his refrigerator, and also claimed to be a cannibal. He was later murdered in by an inmate who said, “ God had told me to do this.”
1994-- GTE, in the midst of a massive restructuring program designed to "streamline" its operations for the dawning "multimedia age." announced that it was taking a $1.8 billion pretax charge for the fourth quarter of 1993 and, in the process, planned to slash its staff by some 17,000 jobs. GTE chairman Charles R. Lee declared the moves necessary for the company's future, noting that without a "competitive structure" GTE would likely "blow up." However, this logic didn't mollify GTE's primary union, the Communications Workers of America, which derided the lay-offs as "yet another example of a highly profitable company eliminating...the people who helped build the company and created its technology to further enhance the bottom line."
1996-The Medals of Honor were awarded to African-American servicemen for service in World War II by President William Jefferson Clinton at a ceremony in the White House, Washington, DC. None of the 1.7 million African-Americans who served in World War II had received a Medal of Honor despite the many documented cases of bravery that were presented to officials of the armed forces. Of the seven servicemen who received the medal at the ceremony, the only one still alive was Vernon Baker, a 77-year-old retired career Army officer. Medals were awarded posthumously to staff Sergeant Edward A. Carter, J., of Los Angeles, First Lieutenant Charles L. Thomas of Detroit, Private George Watson of Birmingham, AL, First Lieutenant John R. Fox of Boston, Private First Class Willy F. James, Jr., of Kansas City, KS, and Staff Sergeant Ruben Rivers of Tecumseh, OK.
1999-“The Sopranos” TV Premiere. The thinking viewer's mob drama,” The Sopranos” features James Gandolfini as Tony Soprano, who's panic attacks drive him to seek out a psychiatrist ( Lorraine Bracco). The HBO drama revolves around Tony's home and crime lives. TV Guide has named the series one of the greatest TV shows of all time.
http://www.hbo.com/sopranos/
2000 - Microsoft chairman Bill Gates announced that he would be stepping down as Microsoft chief executive and handing over the reins to longtime friend and company president Steve Ballmer. Gates assumed the title of ‘chief software architect'.
Superbowl Champions This Date
1974 Miami Dolphins
While he never won a Superbowl, losing in 1985 to the 49ers, Dan Marino just joined as head of football operations and is considered the most prolific passer in NFL history, holding league records with 61,361 yards passing and 420 touchdown passes
http://www.usatoday.com/sports/football/games/
2004-01-12-marino_x.htm
American Football Poem
“Some time . . . when the team is up against it, when things are wrong and the breaks are beating the boys - tell them to go in there with all they've got and win just one for the Gipper. I don't know where I'll be then, . . .. but I'll know about it, and I'll be happy.”
spoken by Pat O'Brian about George Gipp, played by Ronald Reagan
Knute Rockne--All American [1940]
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