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Seeking a very organized, detail oriented Funding Manager with experience in discounting consumer
and commercial auto loans and leases.
Top salary. Send resume via email to
or fax to 718 392 5427.

About the Company: Advantage Funding is the leader in automotive and equipment lease financing, Long Island City, NY.


Wednesday, January 18th, 2006


Technical Note
    Classified Ads---Credit
        EFG Leasing Closed?
Popular Loses NorVergence Legal Round
    Icon Capital to acquire Clearlink Capital
        Top Stories-January 9-13
Still an Imperfect Business
    Classified Ads---Help Wanted
Sales Make it Happen
  Listening Through a Screen, Darkly
Alexa Leasing Media Report
    Basel II Spur Real Estate, Loan Securitizations
        U.S. Bancorp Record 2005 Earnings $4.5 BB
AmSouth 2005 Reaches Record $725.7 MM
    Western Alliance Net Income of $28.1 MM
        Western Alliance/Bank of Nevada to Merge
First Oak Brook Bancshares Prez. Report
    CIT Declares Dividends for 4th Q 2005
        Amex Lists Microfinancial "MFI"
Tony Mynsted joins The Alta Group
    News Briefs---
        You May Have Missed This---
Sports Briefs---
    Calendar Events---
        Today's Top Event in History
            This Day in American History
                American Football Poem

######## surrounding the article denotes it is a "press release"

Technical Note: Readers may have noticed our new format at the beginning of the year, plus our technical problems with "sends this page to a friend."

At this time, both the archives articles and "top stories" have the ability to send the article to another party with a comment.

The entire full current edition has always been able to be sent to another, but not individual stories.

We have finally been able correct the process and have readers send "some" current articles with the "send to a friend" feature.

We may be able to have that working for all the current articles as was our original goal, but due to the technicalities of having an archive page, our mail addition going to it, and top stories, the procedure worked in proto-type, but not in reality, until we recently solved the www "script" problem.




Classified Ads---Credit

Atlanta, GA.
10 yrs experience in credit/collections/recovery/documentation in the leasing industry. P&L responsibility, team builder & strong portfolio mgnt skills.

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.

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.

Fort Lee NJ
3 Years Experience, plus documentation. Looking in NJ/NY.

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.

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.

New Jersey, NJ
Credit Analyst with 10+ years experience in small-ticket lending up to $500,000. Experience with both vendor-direct and with brokers.

New York, NY.
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.

Sausalito, Ca
Sr. Corp. officer, presently serving as consultant, fin. service background, M&A, fund raising, great workout expertise, references

Orange, CA.
15 years exper., looking for a new home. Have handled both middle/ large ticket transaction, plus muni & international finance.Operatons, too.

Senior Credit Officer
experienced in middle-market leasing; structured, vendor and 3rd party to the fortune 1000. Proactive team builder, originations capable with strong work ethic.

For a full listing of all "job wanted" ads, please go to:

To place a free "job wanted" ad, please go to:

More on Bugsy:



EFG Leasing Closed?

by Christopher Menkin

For over a year and a half brokers and vendors have been asking and telling Leasing News that EFG Leasing, also known as the Equipment Leasing Group, in Fresno, California, with Kenneth Wheeler, as president, is closed.

On October 26, 2004, the telephone did not answer. Leasing News later found out a new temporary number:

"559-226-4776 ext #29

"New numbers until the T1 line is completed by SBC. We are not able to keep our 888 number and have changed our headings on the UAEL, ELA and Monitor Daily sites. We will be going to 800 numbers first of the week it should be done.

"Give me a call in the morning if you like to talk. I will be in after 9:45am.

"EFG Leasing Inc.

Kenneth Wheeler"

Since last Friday, January 13 th , the main number 888-808-3065 has answered "disconnected." The "4776" number above also did not work, nor the telephone number 800-648-6950 on a press release from EFG.

The main number is noted in the Equipment Leasing Association, as EFG was a member in 2005. While the web site states EFG is a member of the United Association of Equipment Leasing, the company nor individuals are listed as members.

This EFG web site has Donald Coleman President same telephone number, address, and second suite, empty at last visit

559-226-4776 ext #29

They attracted brokers with very low rates, plus this claim:

*Application Only to $150,000*
*Generic Lease Documents
*Discounting and UNL Lines Offered*
*15 Minute Credit Decisions
*2% Bonus Program*
*281 Current Partner using EFG

Leasing News printed the story from the Fresno Bee, Fresno, California newspaper, and Kenneth Wheeler subsequent response:

Here are recent complaints, in which we were able to contribute information, technique, and practical experience with the leasing company in question. (without a signed "complaint," copies of documents signed, and copy of check or bank transfer, Leasing
News policy does not to print without contacting the parties involved.

Here are brokers who recently contacted Leasing News (we are withholding their names as we have not been able to determine if EFG Leasing is still in business. In the last story, they had incorporated in Nevada and perhaps may have moved to this state, as The Funding Tree previously did.

".Thanks! for the info. I will keep you in the loop as things progress. I did a deal with them in January 05 for $80,000 which they funded, and in the last month I started shooting some deals over and they approved a lot of them, but also declined a few, which is puzzling, because if they were going to scam you, you would think that they would approve everyone and take as much money upfront as possible.

"I also saw their rating in the (magazine) in **** of this year, so I suspected nothing. I started to get nervous in the last 2 weeks, when I continuously call and send e-mails, and you don't hear from anyone for 3 or 4 days, and then you still don't get the answers you want or indication of what is needed to close the deals. That's when I decided to do a search on your site and what I found freaked me out."

Another one:

"I have brokered a transaction to ****** and for the last two weeks they have not answered their phones and any email reply is cryptic at best-they have not funded either. My customer sent signed docs and checks to them 2 weeks ago. Have you heard anything negative? I thought if anyone would know you would? At this point I am very concerned because you of all people know that this is a service business and service starts with answering the phones. I would appreciate any info."

A third:

"In reading your email, we were extremely discouraged to find out that a funding source can hold onto an advanced rental check for over 4k for over 3 months, without returning calls, and get away with it- simply because we, the broker, felt obligated to fund this elsewhere. I'm not sure how this should have been handled any differently; we do know what the documents state, but when we have 4 vendors calling every day for payment and the funding source is not returning calls, what were we supposed to do?

"I have contacted the customer, and he is prepared to write a letter of complaint as long as he remains anonymous, but at this point - will this even help? Or is this a lost cause since we funded this deal elsewhere. Please advise."

(The agreement had no time frame, and also called for specific documentation, plus it had a clause if the party went elsewhere, they lost their deposit.)

And a fourth one:

"Thanks for your reply, and we understand where you are coming from, However, ****** never answers your questions, he always recites his problems, and will not address the true subject.

"I am sorry that we were not reading your stories until recently However, if it has been going on that long there must be some truth to these complaints.

"We would have been more concerned. we will be complaining to what ever agency we can to stop this out and out Scam. excuse me "Alleged Scam"

"I say it looks like an alleged RICO case to me.

"Thanks again, you will be hearing more from us as we go after this lot."

Ironically, the last several communications are that this leasing company is out of business. We have informed the reporter for the Fresno Bee, who is on the scene, to up-date his first story on EFG Leasing.

Here is a collection of our previous stories:

Brokers, if you have a "tough" deal, one that you know is going to be "difficult" to do, consult the "Story Credit List:"



Popular Loses another NorVergence Legal Round

There are an estimated 300 NorVergence leases in contention totaling $9 million dollars in the state of Missouri cases.

"In the Circuit Court of St. Louis County, Popular Leasing (or Popular Fleecing as one of my clients called it) filed a motion to enforce language in the Equipment Rental Agreements that purported to waive the defendants' right to a trial by jury.

"We had a hearing on the issue in front of a 3-judge panel of the court. The panel ruled in the defendants' favor. The order states, "[t]he court finds the jury waiver clause at issue in the Equipment Rental Agreement is inconspicuously burning in small type on the back of the pre-printed form Equipment Rental Agreement at the end of a lengthy paragraph entitled "APPLICABABLE LAW." "The sentence is not set apart from the rest of the paragraph, nor is it in all capital letters as are several other provisions of the Leases." The court further agreed with our argument about the personal guarantors and concluded "that those defendants who signed a guaranty agreement did not contractually agree to a waiver of their right to jury trial because there is no statement in the Guaranty

Agreement with respect to a jury waiver."

"Unless Popular Leasing somehow gets the court to reconsider the ruling, it looks like Popular Leasing will soon be bogged down with numerous jury trials in which it will not look very sympathetic."

Ronald J. Eisenberg, Esq.

Schultz & Little L.L.P.
640 Cepi Drive, Suite A
Chesterfield, MO 63005
(636) 537-4645
(636) 537-2599 (fax)

Case citation:

Popular Leasing USA, Inc., v. Harry Major Machine & Tool Co, et al.,

Master Cause No. 04CC-3753A. Order signed December 19, 2005.

"On Tuesday, December 13, Deloitte and Touche in collaboration with the St. Louis RCGA and St. Louis Commerce Magazine recognized Popular Leasing as a "Greater St. Louis Top 50 Business" Shaping Our Future at an awards ceremony, in the Grand Ballroom of the Hyatt Regency - St. Louis Union Station."


### Press Release ###########################

CLEARLINK'R' Capital Corporation and ICON Capital Corp. Announce Agreement

MISSISSAUGA, Ontario------CLEARLINK Capital Corporation (CLEARLINK) (TSX:CNK), a financial services provider and equipment trading organization based in Mississauga, Ontario, Canada, and ICON Capital Corp. (ICON Capital), an equipment leasing and financing company based in New York City, have signed a definitive agreement whereby CLEARLINK will sell and ICON Capital will acquire CLEARLINK's leasing business.

Under the terms of the agreement, which has been approved by each company's Board of Directors, ICON Capital will acquire CLEARLINK's leasing business and portfolio, and assume the obligations related thereto. The consideration to be paid in the transaction is approximately $52.6 million in cash and the assumption of certain liabilities, which amount will be adjusted at closing for interim activities. The transaction is subject to customary closing conditions, which include regulatory approvals and approval by CLEARLINK's shareholders. It is anticipated that the closing will occur prior to March 31, 2006.

Fraser R. Berrill, President and Chief Executive Officer of CLEARLINK, stated "I am very pleased to announce this transaction with ICON Capital. Our decision to sell the leasing business to ICON Capital is the culmination of an ongoing strategic review process. After several years of declining activities in the leasing business, the Board determined that it was preferable to sell this business to ICON Capital rather than incur the resource commitment, time investment and uncertainty of a successful turnaround. ICON Capital, which has the experience and resources to achieve the long-term potential of this business, will continue to provide the level of service our customers have come to expect from CLEARLINK and offer the employees in our leasing business the opportunity to continue with the business that they have been dedicated to for many years."

Beau Clarke, Chairman and Chief Executive Officer of ICON Capital, added that "ICON is excited about the opportunity to acquire CLEARLINK's leasing business and portfolio and is delighted to welcome CLEARLINK's employees into the ICON family. Together in the newly combined company, we believe that we will continue to provide superior service to our customers while building on the solid foundation already created by both CLEARLINK's and ICON's employees and continue to achieve future success both in Canada and the United States."

CLEARLINK will continue to manage a small number of leases excluded from the transaction, but will not be writing new lease business. It will continue to maintain its existing trading business, which is not included in the transaction, and explore avenues to grow that business. CLEARLINK will also focus on resolving its remaining litigation matters. After closing, CLEARLINK will continue to invest its excess cash while exploring opportunities in new financial services or shareholder value initiatives.

A proxy circular will be mailed to CLEARLINK's shareholders shortly for a meeting of CLEARLINK's shareholders expected to be held in February 2006. At that meeting, CLEARLINK's shareholders will be asked to approve the transaction and to approve a change to CLEARLINK's name.


CLEARLINK Capital Corporation is an innovative financial services provider and equipment trading organization. Based in Mississauga, Ontario, CLEARLINK operates throughout North America and Europe.

About ICON Capital

ICON Capital Corp. is one of the largest independent equipment leasing and financing companies in the United States, with headquarters in New York City and offices in San Francisco and Boston.

CLEARLINK(R) is a registered trademark of CLEARLINK Capital Corporation.

CLEARLINK Capital Corporation (TSX:CNK)

CLEARLINK Capital Corporation Robert Wright Senior Vice President and CFO (905) 855-2500 or Toll Free: 1 (800) 433-5553 Fax: (905) 855-2725 OR ICON Capital Corp. Thomas W. Martin Executive Vice President and CFO (212) 418-4700 Fax: (212) 418-4739


### Press Release ###########################

Top Stories-January 9-13

These are the top ten stories most "opened" by readers last week.

(1) Yes, Quinn is Gone from Main Street Bank

(2) Correction---Photo of Judy MacNeal

(3 ) Memorial Fund for Bob Henney's two daughters

(4) Memorial Fund for Bob's two daughters

(5) Cartoon---Stress Meeting

(6 ) Pictures from the Past---1993

(7) Fraud and Business Practices Dominate Legal Committee Meeting

(8) Review of 2005 and Forecast for 2006--by Ron Caruso

(9) Sales make it Happen: Listening - Back To Basics

(10) New CLP Officers and Board to Meet Challenges in 2006



Classified Ads---Help Wanted

Equipment Finance & Leasing Representative

Job opening in New England

In this position, you will develop and maintain relationships with lease brokers, leasing companies, equipment vendors and direct lessees throughout New England. Must be knowledgeable in indirect/third party transactions ranging from $15K and up and have in-market experience. Please apply on-line at and view posting 5245.

At M&T Bank, we provide an exciting and challenging work environment where performance and innovative thinking are encouraged and rewarded at every level.
With over 700 branches, your career can travel as far as you want to take it!


Job opening in
Baltimore/Virginia Region

In this position, you will develop and maintain relationships with lease brokers, leasing companies, equipment vendors and direct lessees throughout Baltimore/Virginia Region. Must be knowledgeable in indirect/third party transactions ranging from $15K and up and have in-market experience. Please apply on-line at and view posting 4044

At M&T Bank, we provide an exciting and challenging work environment where performance and innovative thinking are encouraged and rewarded at every level.
With over 700 branches, your career can travel as far as you want to take it!

Funding Manager

Seeking a very organized, detail oriented Funding Manager with experience in discounting consumer
and commercial auto loans and leases.
Top salary. Send resume via email to
or fax to 718 392 5427.

About the Company: Advantage Funding is the leader in automotive and equipment lease financing, Long Island City, NY.


Sales Person

Motivated Sales Person
Burbank, California  

Long established lessor, "app. only" to
$100K, commercial & structured
transactions up to $10 million.

Call Jim McFeeters
818-843-8686 X25


Sales Professionals / Sales Manager / Credit Analyst

Sales Professionals :

Outstanding opportunities for Equipment Finance Leasing professionals with middle market leasing sales backgrounds, an existing or established book of business, and at least 2 plus years experience.  Fast paced environment.  NYC, Long Island, Westchester and National areas available. Lease teams welcome.

Sales Manager :

Seeking a top NYC based sales manager to become part of an excellent executive team. The job would include recruiting salespeople and supervising up to 20.

Credit Analysts :

Seeking Credit Analysts with at least 2-4 years experience. NYC location

E-Mail :


Please visit our website at:




The next edition of "Sales Makes it Happen," the writer of the series will be announced. It is true he is a "retired leasing president," but the fact is he now makes his living traveling all over the United States advises top executives of all industries about improving their sales division.

He is completing a web site about what he has learned in talking to other executives, and Leasing News readers will be getting a preview.

Next week we will reveal his name and background.


Sales Make it Happen

Listening Through A Screen, Darkly

Do we ever really listen to anyone during a sales call, or during any part of our daily lives? This question may seem silly, but it becomes unsettling when you understand the concept of seeing and listening through a screen, darkly.

When I have formed an image of you, and stored that image in my brain, my perception of you is prejudiced. What I see is the image I have of you. What you did or did not do in the past, stored in my brain as experiences and memory, provide a screen through which I view you and hear you.

You may surprise me and say or do something that doesn't reconcile with the image I have of you. When that happens, I'm busy trying to figure out what's wrong with my image! In doing that, I'm wasting time and energy, and the expenditure of that energy again interferes with my ability to truly see and hear you.

When you meet with customers, co-workers or anyone, do you see them and listen to them through a screen, darkly? Does your image of the person include prejudices for or against them? When you are about to meet with a CEO, or CFO, does the image you have about the titles CEO and CFO impede your ability to really see the individual behind the title?

I've learned that when I look at and listen to anyone without any of the associations and knowledge I have acquired and stored in memory about them, without any prejudice for or against them, any judgment or any words that form a screen between me and the person, I have a fighting chance to see them as they are, now. Only when I see and listen without any preconception, without any image, am I able to be in direct contact with the person.

Someone told the story of a religious teacher who talked every morning to his disciples. One morning, just before the teacher began his talk, a little bird landed on the windowsill and began singing. The bird sang beautifully, with all his heart, and then it stopped and flew away. The teacher turned to his disciples and said, "The sermon for this morning is over."

The lesson here is simple. When the teacher and the disciples turned their attention to the bird, and just listened to it sing, they saw the uniqueness of that bird and heard the beauty in its song. It didn't matter how many birds they had seen or heard in the past. There was nothing more to say.

Next week we'll conclude this series on listening by taking a look at some of the very best listeners I have heard about or know personally. I'll share with you what characteristics I think they exhibit as superb listeners.

--- from the desk of a retired, successful leasing company president.



Still an Imperfect Business

by Michael J. Fleming, CAE

President, Equipment Leasing Association


So much has been written over the past several years regarding how imperfections have been diminished in the marketplace and limited our opportunities. Some of this reduction of imperfection is attributed to growing transparency. We may be accepting the observation as dogma. But is it true?

What is an imperfection? It is a mismatch which creates an opportunity for one party offering a transaction or a product to another party that manages the imperfection for value.

The first question we should ask is what imperfections have been diminished.

*Tax arbitration - rates are lower. The value of tax incentives such as deferral mechanisms are worth less. ITC is long gone and is not on the horizon as tax reform initiatives are primarily in terms of a broader, flatter and simpler system.
*Interest rates - rates are lower and liquidity is currently high. Lessees have more and more options and lease - buy analysis is more difficult.
*Financial accounting - there is a slow but constant move to greater capitalization and consolidation. The culmination will be a lease accounting project in the next year or two.
*Customer knowledge - customers are smarter about leasing as the leasing industry and its products have matured.
*Channels - the use of technology has opened up how business is conducted and the general access of customers to more leasing companies and competing alternatives.
*Equipment leasing as an unregulated industry - while the industry is still unregulated, there is creeping regulation to limit structures and practices.

We could add to this list, but the point is made. There may be fewer imperfection based opportunities. But look again. Imperfections come is three types - rules based, market structure based and value based. Remember, imperfections are mismatches to be managed. Several of the above imperfections are rules based and there reduction does change things. But market structure imperfections always are emerging as issues such as consolidation, concentrations, liquidity, corporate cultures, changing strategies and product attributes occur.

A customer may be knowledgeable, consider alternatives and still value what you can provide better than any alternative. That is how we manage the value imperfection. The customer has an itch that needs a scratch. You have the scratch that manages the imperfection - that is what the customer cares about. Both parties understand this "imperfection" and how an action can solve it. Win - win! We have to work to identify these value imperfections.

We will always have an imperfect market if we focus on the value imperfections. Growth based on imperfections is still available, but the nature of the imperfections and how we think about them needs to change.

Equipment Leasing Association, Mike Fleming




Alexa Ranks Leasing Media Web Sites

100,392 American Bankers Association
168,073 Monitor Daily
177,720  Leasing News
250,401 Equipment Leasing Association
494,656  Institute of International Container Lessors
389,629 Ind Community Bankers of America
599,833  Commercial Finance Association
634,601  U.S.Banker
502,019* National Assoc. of Equip Leasing Brokers
1,267,857  United Association of Equipment Leasing
813,566  eLessors Networking Association
1,067,668 Equip. Leasing & Fin Fndn
1,643,509 Equipment Financial Journal
4,364,839 Lease Assistant
4,475,353  Exec Caliber-Jeffrey Taylor
No Data
3,166,919*Eastern Association of Equipment Leasing
No Data
4,725,915   CLP Foundation
No Data
No Data Lean -Lease Enforcement Att Net
No Data
No Data  Assoc of Government Leasing  Financing
No Data
No Data Mid-America Association of  Equip Lessors
No Data
No Data The National Funding Assoc
No Data
No Data Leasing Press

David G. Mayer's Business Leasing News is not included in the Alexa report list as it does not have its own individual site and Alexa finds Patton Boggs, LLP Attorneys at Law.  The rating is not valid as it includes all those who visit and communicate with the law firm.  When Business Leasing News has its own individual web site, it will be included in the Alexa survey.

*It should also be noted that two web sites have their "list serve" posted via their site, meaning their e-mails are counted as a visit to the site, whereas they are "list serve" communication.  These are technically visits to the web site, but primarily to use "list serve."

These comparisons are compiled by Leasing News using Alexa and should be viewed as a "sampling," rather than an actual count from the website itself.  Other than as noted above, we believe the ratings are reflective as most have stayed in the same position, basically, for over a year.

The Alexa tool bar works on most browsers.
They are partnered with Google.

You may download their free tool bar A graph and analysis of the last three months are available.

( Note: the lower the number, the higher you are on the list. It is based on all web sites. Leasing is only a very small part of the various sites such as Yahoo, MSN, Google, etc. )



Basel II Will Spur Real Estate, Corporate Loan Securitizations


With the introduction of Basel II at the end of the year, analysts are predicting a greater number of commercial mortgage securitizations and concentrated corporate loans deals. Jocelyn Lynch, a v.p. global trust services at Bank of New York, said she believes that overall issuance will be stable but different kinds of assets will be securitized as banks adjust to the new requirements. "There won't necessarily be a fall in issuance, rather a shift in the kinds of asset classes being securitized," she said.

Basel II will revise the international standards for measuring the adequacy of a bank's capital and provide a consistent framework for the way banks approach risk management. "[Commercial mortgage and corporate loans] attract a higher risk rating so it will be beneficial to securitize them," said Ron Thompson, head of ABS research, structured finance at Royal Bank of Scotland. Additionally, small-to-medium enterprise loan securitizations, which are often unrated, are expected to rise. Very often SME loans are not secured by real estate and so attract a higher risk rate, he added.



### Press Release ###########################

U.S. Bancorp Reports Record 2005 Net Income

U.S. Bancorp Chairman and Chief Executive Officer Jerry A. Grundhofer said, "Our 2005 results demonstrated our ability to execute and deliver on our promise to produce high-quality earnings and industry leading returns, while maintaining credit quality and investing in distribution and scale to provide future growth opportunities for the Company. We achieved record earnings of $4.5 billion in 2005. This represented $2.42 per diluted share, an 11.0 percent increase over our 2004 results. This is the fourth consecutive year that we have exceeded our long-term goal of 10 percent earnings per share growth. We also improved upon our industry leading performance metrics and posted return on assets of 2.21 percent and return on average equity of 22.5 percent for the year. In addition, excluding securities gains and losses and the valuation of our mortgage servicing rights, we grew revenue faster than expense in 2005, thus creating positive operating leverage - a fundamental objective of this Company. Our management team is dedicated to maintaining superior operating efficiency. This year was no exception, as we obtained a tangible efficiency ratio for the year of 40.8 percent. Further, in late 2003 our Company made a commitment to return 80 percent of earnings to our shareholders in the form of dividends and share buybacks. In 2005 we returned 90 percent of earnings to our shareholders, and since we originally made that commitment, we have returned 98 percent of our earnings to shareholders. We expect to continue to return 80 plus percent in 2006.

"I am extremely proud of the improvements we have made in the Company's overall risk profile. Our net charge-offs were 51 basis points of average loans in 2005, a continued improvement compared with prior years. Nonperforming assets at December 31, 2005, were $592 million, a 21 percent decrease from the balance at December 31, 2004. The steps we have taken to reduce the Company's risk profile will enable us to minimize the impact of future changes in the economy.

"We have continued to invest in our Company. The acquisitions we have made in our fee-based businesses over the past few years have allowed us to achieve our earnings objectives, while maintaining high returns, despite the pressure on the net interest margin. We will continue to invest in fee-based businesses, strengthening our presence and product offerings for the benefit of our entire customer base.

"Going forward, we will continue to capitalize on our balanced mix of products and services, our great franchise and our ability to provide continuously improved customer service in order to produce high quality results for the benefit of our customers, communities and shareholders.

"Finally, I would like to thank all of our employees. We could not have accomplished our goals this year without their many contributions and dedication to our Company."

Full press release with financial data at: =


### Press Release ###########################

AmSouth Reports Earnings for Fourth Quarter and 2005;
Net Income for 2005 Reaches Record $725.7 Million

( Credit quality remained strong despite the effects of a single commercial credit, which was previously provided for, that was charged off in the quarter. Net charge-offs were 0.44 percent of average net loans in the fourth quarter, increasing 25 basis points compared with the third quarter of 2005. Without the effect of the single commercial credit, net charge-offs would have been 0.24 percent, a 5 basis point increase. The ratio of loan loss reserves to total loans was 1.02 percent at December 31, 2005.

( Total nonperforming assets at December 31, 2005, were $122.9 million, or 0.34 percent of loans net of unearned income, foreclosed properties and repossessions, compared to $98.1 million, or 0.29 percent, in the previous quarter. The increase is due to leases to commercial airlines suffering well-publicized financial difficulties. Loans past due over 90 days were $86.1 million at the end of the quarter, reflecting an increase related to the effects of Hurricane Katrina. )

BIRMINGHAM, Ala.------AmSouth Bancorporation (NYSE:ASO) reported earnings for the fourth quarter ended Dec. 31, 2005, of $.52 per diluted share, compared to $.49 per diluted share reported for the fourth quarter of 2004. Net income for the fourth quarter of 2005 was $182.1 million versus $176.9 million for the same period in 2004. AmSouth's fourth quarter performance resulted in a return on average equity of 20.4 percent, a return on average assets of 1.40 percent, and an efficiency ratio of 51.7 percent.

"AmSouth finished 2005 with record earnings for the year, highlighted by strong loan growth, solid deposit growth, and an expanding net interest margin in the fourth quarter," said Dowd Ritter, AmSouth's chairman, president and chief executive officer. "We intend to carry that strong momentum into this new year as we accelerate our expansion efforts in our fast-growing Florida markets."

For the year, reported earnings were a record $725.7 million or $2.04 per diluted share, compared with $623.5 million or $1.74 per diluted share in 2004. Results for 2004 included charges related to a previously announced regulatory settlement. Excluding those expenses, earnings would have been $675.9 million or $1.89 per diluted share in 2004, resulting in earnings per share growth of 7.9 percent in 2005 (see Reconciliation of GAAP Amounts to Adjusted Amounts in the attached financial tables). Return on equity for 2005 was 20.4 percent, return on assets was 1.43 percent, and the efficiency ratio was 52.0 percent.

Full press release at:


### Press Release ###########################

Western Alliance Reports Net Income of $28.1 Million
or $1.24 Per Share for 2005 and $8.4 Million or $0.34
Per Share for the Fourth Quarter

Western Alliance Bancorporation reported of net income of $28.1 million for 2005, up 39.9 percent from $20.1 million for 2004. Diluted earnings per share were $1.24, compared to $1.09 for 2004. For the fourth quarter 2005, net income was $8.4 million, up 31.3 percent from $6.4 million for the fourth quarter 2004. Earnings per share were $0.34 for the fourth quarter 2005 compared to $0.33 for the same period in 2004. We closed our initial public offering of 4.2 million shares on July 6, 2005, which increased our average shares outstanding in 2005 and resulted in net proceeds of $85.1 million.

Loans grew $176 million to $1.79 billion at Dec. 31, 2005 from Sept. 30, 2005 and $605 million from Dec. 31, 2004. Deposits grew $46 million to $2.39 billion from Sept. 30, 2005 and $638 million from Dec. 31, 2004.

Robert Sarver, chairman and chief executive officer, said, "2005 was an outstanding year for Western Alliance Bancorporation. Our team achieved all of our objectives for the year by organically growing our loans and deposits each over $600 million, hiring 28 experienced relationship managers, opening three new offices, reporting record earnings, and finally, completing our initial public offering on the New York Stock Exchange.

Sarver continued, "We started 2006 with the announcement of our merger with Intermountain First Bancorp, and earlier today announced our merger with Bank of Nevada. These transactions will substantially strengthen our position in Clark County and establish our presence in Reno. Additionally, we are on track to open eight new offices throughout our territory this year and expect to hire another 20 experienced relationship managers from other financial institutions. These actions should enable us to continue our exceptional growth and performance trend."

Full press release here:


### Press Release ###########################

Western Alliance Bancorporation and Bank of Nevada Announce Merger Agreement

LAS VEGAS-----Western Alliance Bancorporation (NYSE:WAL) and Bank of Nevada announced today that they have signed a definitive agreement pursuant to which Bank of Nevada will merge with and into BankWest of Nevada, the lead subsidiary of Western Alliance.

Privately held Bank of Nevada had deposits of $254 million, loans of $213 million, and regulatory capital of $25 million at Sept. 30, 2005. BankWest of Nevada reported deposits of approximately $1.6 billion, loans of $1.0 billion, and regulatory capital of $140 million at the same date.

Under the terms of the agreement, Bank of Nevada shareholders will receive approximately $80.19 in cash for each share of Bank of Nevada common stock. The transaction is valued at approximately $74 million and is expected to be immediately accretive to Western Alliance's earnings per share, without regard to potential cost savings.

Robert Sarver, chairman and chief executive officer of Western Alliance, said, "This merger complements our franchise in southern Nevada and takes us into rapidly growing Mesquite. Coupled with our previously announced merger with Intermountain First Bancorp and Nevada First Bank, this transaction will dramatically expand our presence in the fastest-growing state in the nation. After the mergers have been completed, BankWest of Nevada will be renamed Bank of Nevada in recognition of its burgeoning statewide presence.

Sarver continued, "Using cash for this transaction, as well as for a portion of the Intermountain First merger, will fully utilize the excess capital Western Alliance acquired in its initial public offering. As these transactions close, we look forward to driving up our return on tangible equity and earnings per share as we continue our exceptional growth."

"We're delighted to be able to expand our distribution system to Nevadans for financial services so quickly," said Larry Woodrum, president and chief executive officer of BankWest of Nevada. "Including the offices we presently have under construction, we should end 2006 with more than triple the five offices we had when it began."

John Gaynor, president and chief executive officer of Bank of Nevada, commented, "This merger is a great opportunity for our employees and customers. Our staff will have many more career opportunities, and our customers will have access to more products and services and a larger lending capacity -- all without even changing our name."

About Western Alliance Bancorporation

Western Alliance Bancorporation is the parent company of BankWest of Nevada, Alliance Bank of Arizona, Torrey Pines Bank, Miller/Russell & Associates, and Premier Trust. These dynamic companies provide a broad array of banking, leasing, trust, investment, and mortgage services to clients in Nevada, Arizona and California. Staffed with experienced financial professionals, these organizations deliver a broader product array and larger credit capacity than community banks, yet are empowered to be more responsive to customers' needs than larger institutions. Additional investor information can be accessed on the Investor Relations page of the company's Web site,


### Press Release ###########################

First Oak Brook Bancshares, Inc. Announces Full Year and Fourth

Quarter 2005 EarningsFIRST OAK BROOK BANCSHARES, INC., (NASDAQ:FOBB) announced net income for 2005 of $16.633 million, down from $19.072 million for 2004. Diluted earnings per share were $1.67 in 2005 compared to $1.91 in 2004, down 13%. Earnings in 2005 resulted in a return on average shareholders' equity (ROE) of 12.46% and a return on average assets (ROA) of .78%.

Richard M. Rieser, Jr., Company CEO said, "We are heartened by our progress on a number of key initiatives undertaken in 2005, especially in the face of the Federal Reserve's continued gradual hiking of short-term interest rates, the flattened yield curve where short-term rates rose to roughly approximate longer-term rates, and fierce competition for deposits and loans among banks in the Chicago market.

"Despite these challenges, the Company proved itself a prodigious deposit gatherer, a consistent corporate strength. We ended the year 2005 with deposits up 10%, or $169 million, rising to $1.884 billion from $1.715 billion in 2004. Checking, money market accounts and $100,000 and under CDs all rose, while savings accounts and jumbo CDs declined. In short, our core deposits grew smartly in 2005. We don't rely on any brokered CDs for our funding.

"We attribute our success as deposit gatherers to two long-pursued strategies: First, we continue to lead and innovate in the Treasury Management industry, which helps us attract and retain lower-cost commercial checking deposits. To illustrate our leading edge capabilities, this year we introduced Remote Capture, a way our clients can convert their receivables from checks to images on their own premises and then to transmit this electronic data remotely to us for collection.

"Second, we continued in 2005 to expand our branch network. In 2005, we opened a record four offices, bringing our total to 21. In March 2005, we opened our 18th office in Darien, which at year-end held over $61 million in deposits. In October 2005, we opened 3 additional offices -- in Glencoe, Northbrook and Wheaton -- which at year-end had attracted $88.3 million in new deposits.

"In the cases of our new Glencoe and Northbrook offices (combined deposits of $71.7 million at year-end), we introduced a new refinement to our market-driven approach. We branded these two new branches, serving super-affluent communities on Chicago's North Shore, as Chicago Private Bank (CPB). CPB is headed by experienced private bankers and offers exclusive services such as a doorman and concierge who make 'house calls' in our Mini-Cooper concierge cars. The CPB model has been so well-received that we're expanding it, having at the end of 2005 put a private banker in our downtown Chicago office at Dearborn and Huron Streets.

"It is not, however, in our deposit liabilities, but in our investment and loan assets where we continue to face our severest tests. Over the course of 2005, we grew our loan portfolio $240.6 million, or 22%, to $1.312 billion from $1.072 billion at the end of 2004. Loan growth was spread over all four major components of our portfolio. Commercial real estate and construction grew $78 million, or 24%. Commercial and Industrial (C&I) loans grew $42.4 million, or 28%. Residential mortgage and home equities grew $28.1 million, or 11%. And consumer loans, including indirect auto, Harley Davidson motorcycles, and other consumer loans, climbed $92 million, or 27%.

"Unfortunately, balance sheet loan growth alone does not tell the whole story. Our $334 million indirect auto portfolio yielded 4.11% for the fourth quarter of 2005 -- below today's marginal cost of funds. Within the indirect auto portfolio there is a significant portion of 'A' paper written in 2003 and 2004 at about 3.5%. While this segment is high quality and turns relatively fast (average life is 31 months), it will take us awhile to boost the overall portfolio yield. In December 2005, our average new auto originations yielded 5.49%, and we project for the year 2006 an average auto portfolio yield of 4.68%, depending on new indirect loan volume. The $71 million Harley Davidson motorcycle portfolio yielded 5.46% for the fourth quarter of 2005.

"Similarly, a closer look at C&I loan volume reflects strong growth in our leasing and syndicated loans, but relatively flat outstandings within our small business and middle-market loan sector. We are focusing significant management effort and financial resources on building up our small business and middle-market C&I loan origination capabilities. Late in the year, we brought in Bill McGowan as an Executive VP to address this challenge. Previously, Bill was a senior lender in the Fifth/Third and Old Kent organizations and, prior to that, served as a division head in commercial lending at American National Bank. Bill is working hard to recruit additional senior lenders to augment our commercial loan origination platform.

"Historically and continuing in 2005, the Company has been under-loaned. At the beginning of 2005, Oak Brook Bank had a loan to deposit ratio of 63%. By year-end 2005, we increased this ratio to 70%. Nonetheless, we trail peers who average 89% and sometimes more. The result is that the Company has, in relation to peers, an oversized investment portfolio. While in 2005 we shrunk our investment portfolio by $48.4 million, we still have approximately $364 million of excess lower yielding investments when compared to our peers. We see a very profitable opportunity over the next several years in redeploying investment dollars into better yielding loans or, failing that, into higher yielding investments. With projected cash flows from investments totaling approximately $253.7 million over the next two years and our much anticipated growth in commercial lending capability, we are hopeful we can realize an improved loan to deposit ratio.

"We want to emphasize that, in fulfilling our loan growth goals, we do not expect to compromise credit quality. High credit quality has always been a hallmark of our conservative culture. Evidencing this, at year-end 2005 non-performing assets (NPAs) from all sources dropped to just $900,000 from $10.2 million a year ago. The largest portion of this reduction in NPAs resulted from our sell-out of the 60 W. Erie condos. Net charge-offs in 2005 dropped to just $94,000 from $323,000 in 2004.

"During 2005, we continued to produce healthy fee revenues. Investment Management & Trust fees climbed 17% to $3.054 million. Merchant credit card fees rose 34% to $8.016 million from $5.978 million. And gains on mortgages sold increased 292% to $949,000 from $242,000 -- largely due to our "Guaranteed Best Rate" (GBR) program introduced in March 2005. Under GBR, we offer to meet or beat the best mortgage or home equity line rates in Chicago, or pay $300. In addition, we offer low fixed closing costs (plus title and taxes) to take the surprises away at the closing table. For the first time we used broadcast TV to promote this program, in addition to our usual radio, newspaper, and direct mail media.

"Over 2005, the Company strengthened and deepened its management team and refined its organizational structure. Our Wealth Advisory Group, headed by Senior EVP Tom Sawyer, expanded beyond Investment Management and Trust to include Chicago Private Bank in Glencoe and Northbrook. Chicago Private Bank brought on board 3 seasoned private bankers -- Scott Landau as President (Scott was formerly Senior VP in Wealth Management at LaSalle), and two Managing Directors.

"Our Retail Group, under Senior EVP Darin Campbell's fine leadership, deepened its executive ranks in all areas, but particularly on the Retail Branch side where we named VPs for Sales, Products, and Operations and Compliance.

"On the Commercial side, we promoted two Senior VPs to co-head Commercial Banking and introduced a mentoring program where seasoned and less experienced commercial bankers are teamed up. In C&I Lending, EVP Bill McGowan joined the Bank and is providing clarity of direction and focus in building up our commercial lending platform. We reorganized our Credit Administration and Closing Divisions for better support.

"In our Real Estate Group, headed by Senior EVP Larry Silberman, we streamlined our organization, creating two efficient departments out of three. Operating even more efficiently, we doubled commercial real estate and construction loan originations, built from scratch two new owned branches in Darien and Wheaton, built out two leased facilities in Glencoe and Northbrook, and sold our remaining condo inventory at 60 W. Erie.

"Our Finance and Administrative Group, under Senior EVP and CFO Rose Bouman, operated very smoothly, notwithstanding the heavy burden of Sarbanes-Oxley compliance and the additional workload generated by our continued growth. Notable hires include an experienced head of Compliance and a skilled Director of Education to manage both internal training and to serve as Dean of Chicago Private Bank (CPB) University, our financial and business continuing education program for clients and friends of CPB.

"This management team did an admirable job charting our course throughout 2005. With this even stronger and deeper leadership, we are confident their talent and dedication will provide the sort of ongoing guidance and inspiration so necessary when margins are under pressure."

full Press Release with financials available here:


### Press Release ###########################

CIT Declares Dividends for Fourth Quarter 2005

Common Dividend Increased to $.20 Per Share

NEW YORK, -- CIT Group Inc. (NYSE: CIT), a leading provider of consumer and commercial finance solutions, today announced that its Board of Directors has declared a regular quarterly cash dividend of $.20 per share on its outstanding common stock, a 25% increase over last quarter's dividend of $.16 per share. The common stock dividend is payable on February 15, 2006 to shareholders of record on February 28, 2006.

CIT also announced that its Board of Directors has declared quarterly cash dividends of $0.3968750 per share on the Company's Series A preferred stock and $1.2972500 per share on the Company's Series B preferred stock. The common stock dividend is payable on February 28, 2006 to shareholders of record on February 15, 2006.

About CIT:

CIT Group Inc. (NYSE: CIT), a leading commercial and consumer finance company, provides clients with financing and leasing products and advisory services. Founded in 1908, CIT has over $60 billion in assets under management and possesses the financial resources, industry expertise and product knowledge to serve the needs of clients across approximately 30 industries worldwide. CIT, a Fortune 500 company and a component of the S&P 500 Index, holds leading positions in vendor financing, factoring, equipment and transportation financing, Small Business Administration loans, and asset-based lending. With its Global Headquarters in New York City, CIT has approximately 6,000 employees in locations throughout North America, Europe, Latin and South America, and the Pacific Rim. For more information, visit .


### Press Release ###########################

American Stock Exchange Lists Common Stock of MicroFinancial Incorporated

NEW YORK, -- The American Stock Exchange(R) (Amex(R)) today listed common shares of MicroFinancial, Incorporated, under the trading symbol "MFI."

Based in Woburn, Massachusetts, MicroFinancial Inc. is a financial intermediary specializing in leasing and financing for products in the $500 to $15,000 range. The company has been in operation since 1986, and was previously listed on the New York Stock Exchange under the same trading symbol.

"We are pleased to welcome MicroFinancial Inc. to the American Stock Exchange," said Senior Vice President Amex Equities Group John McGonegal John McGonegal. "The Amex looks forward to supporting MicroFinancial as it seeks to convey its value proposition to a greater number of investors."

The specialist in MFI will be Kellogg Capital Group. For more information on MicroFinancial, or any Amex-listed company, please visit

The American Stock Exchange(R) (Amex(R)) is the only primary exchange that offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 150 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit

SOURCE American Stock Exchange


### Press Release ###########################

The Alta Group Focuses on Strategic Growth
with Appointment of Newest Associate

Tony Mynsted, formerly of IBM Global Financing, to assist expansion

LAKE TAHOE, NV, - The Alta Group, a leading consultancy serving the global equipment leasing and finance industry, investment professionals, manufacturers, banks and government organizations, today announced the appointment of Anthony J. (Tony) Mynsted as an associate.

Anthony J. (Tony) Mynsted

In this position, Mynsted is responsible for promoting a broad range of Alta products and services, and building new client relationships for the firm in North America. Among these services is Alta Learners' Track, a new online training program for equipment leasing and finance company personnel.

"Tony's extensive sales success with manufacturers and leasing programs over the years will be of enormous help in strategically growing Alta business in the right directions," said John Deane, Alta Group managing principal. "His work will allow our principals and other associates to focus on what they do best - using our global experience and creativity to improve the competitiveness and operational efficiency of our clients."

Prior to joining The Alta Group, Mynsted worked at IBM for more than 40 years. He sold IBM products and solutions for 28 years, then helped develop and execute the Business Partner leasing program for IBM Global Financing (IGF) for 12 years. He was the World Wide IGF Client Executive for Avnet, IBM's largest customer, for the past six years. Mynsted is based in Lawrence, Kansas.

About The Alta Group

The Alta Group is a global consultancy serving equipment leasing and finance companies, investment professionals, manufacturers, banks and government organizations. Established in 1992, the company provides a broad array of strategic consulting and advisory services, education and training programs, merger and acquisition, dispute resolution and operations review services that improve the competitiveness and operational efficiency of customers across the world. The Alta Group has built a reputation on its industry experience, international expertise, creative thinking, trust and professionalism. It supports clients in North America, Latin America, Europe and the Middle East, as well as Greater China and Asia Pacific. For more information, please visit


### Press Release ###########################

News Briefs---

News Briefs----

Buffett Issues warning Over Trade

Bankruptcies Cut Into Profit at Two Lenders

Selling stampede shuts down TSE

Venture capitalists predict top 2006 tech trends

Intel misses sales target

Yahoo falls 12% after missing forecasts

San Diego House resales take a tumble in December

43% of first-time home buyers put no money down

SEC Seeks More Disclosure on Execs' Pay,1,4541871.

Tyco to Split into three;_ylt=

Gold mines regain their glitter

Cingular goes after firms selling call records

Chicago Smokers inhale as ban dawns,1,1986490

A Stolen Love Is Found, 37 Years Down the Road



You May Have Missed

The Cronkite Doctrine



Sports Briefs----

Quarterback wear beards

Patience with coaches key to making playoffs-Ira Miller

Turner accepts 49ers coordinator gig

Mangini accepts offer to become new Jets coach

With Colts Gone, the Broncos Shed Their Anonymity



"Gimme that Wine"

Making Wine in a Hostile Climate on Sonoma's Coast-Eric Asimov

Wine sales up 10.3% through Christmas

Johnny Depp reveals favorite wine

Third Wines of Chile Awards

Cohn festival dates set

If you want to know if you got a value for your wine, or what the wine price is today, go to Type in the vintage (year) and name of the producer with wine type or geographic area, such as 1995 Chateau Lynch Bages Pauillac. Even 1995 Lynch Bages will work, or 1999 Viader



Calendar Events This Day

Thesaurus Day

Metric System Day



Today's Top Event in History

    1782- Birthday of Daniel Webster, American statesman and orator who said, on Apr 6, 1830, "The people's government, made for the people, made by the people, and answerable to the people." Born at Salisbury, NH; died at Marshfield, MA, Oct 24, 1852.



This Day in American History

    1770- the Sons of Liberty in New York City attacked British soldiers. They were called this because the group of American civilians attached 40 to 50 armed soldiers because they had cut down the liberty poles that the Americans had erected. The soldiers used their bayonets and dispersed them. No one was killed, but several persons on both sides were seriously injured. What was really a mob fight was termed the Battle of Golden Hill.
    1778 - Captain James Cook of the British Navy thought he was the first to find a group of islands in the Pacific. He named them the Sandwich Islands in honor of England's Earl of Sandwich, the first lord of the British Admiralty. Little did he know that the islands already had a name. The people who lived on them called the islands, Hawaii (known to us now as the 50th of the United States). Actually, these islands had been discovered long before this day by the Polynesians. Other explorers before Cook probably stopped at the Hawaiian Islands as early as the 1500s. However, it was Cook who spread the word of the existence of this group of tropical isles to the rest of the world. He was killed in Waimea, Kauai, after a dispute with the natives. A plaque marks his discovery of the island, in a rather remote area, actually on the ocean near the river inlet, and the when I visited, it was defaced with many words written over it. The city fathers put up a statute in the "downtown" area. While it says it is in the actual spot, it is not, as evidenced by not only the original plaque but a book about the errors of historic markers in the United States.
    1782- Birthday of Daniel Webster, American statesman and orator who said, on Apr 6, 1830, "The people's government, made for the people, made by the people, and answerable to the people." Born at Salisbury, NH; died at Marshfield, MA, Oct 24, 1852.
    1803-Seeking information on what lay west of the young United Sates, President Thomas Jefferson sent a confidential letter to Congress requesting funds for an exploratory expedition to be led by Captain Meriwether Lewis and Lieutenant William Clark. After the Louisiana Purchase was signed on April 30,1803, the expedition's mission change: it became a survey of new American land. The "Corps of discovery" set off May 14 form St; Louis and returned with much information about the land, the peoples there and the flora and fauna.1840- the ElectroMagnetic and Mechanics Intelligencer appeared this day. It was printed in New York City on a press "propelled by electro-magnetism." The editor of the magazine and the inventor of the electrical printing press was Thomas Davenport.
    1866- As Congress convened, first on the agenda was reconstruction, the process of dealing with the former Confederate states and the millions of freed Black slaves, was to occupy the government and the nation for the next decade. President Andrew Johnson proposed fairly lenient treatment of the secessionists but show no interest in securing civil rights for Blacks. He has made a deal to win the electoral votes of Southern Democrats. Opposing him was a group of radical Republicans, who wanted the South severely punished. The deal created hostility on both sides, also giving the congressional election in the fall an overwhelming victory that paved the way for harsh treatment of the South. Thus was born the "Dixie Democrats," which until this modern day elected and supported only Democrats and while the Civil War was officially over, there was no end in Washington, D.C.\
    1896-First college basketball game.
    1913--Birthday of entertainer and movie star Danny Kay, born David Daniel Kaminski at Brooklyn, NY. He died March 3,1987 at Los Angeles, California
    1891- The first Armenian Church in the U.S. was consecrated in Worcester, MA. New churches were later consecrated in Fresno, CA (1900); West Hoboken, NJ (1907); and Fowler, CA (1910).
    1918- legendary blues guitarist Elmore James was born in Durant, Mississippi. He is cited by Eric Clapton, George Harrison and countless other rock guitarists as a major influence. James's early 1950's recording of "Dust My Broom" is his most famous. He died in 1963.
    1932-Irene Kral birthday
    1936-- In Washington, DC, Catholic biblical scholars met to discuss two proposals: the preparation of a new Bible translation and the formation of a society of Catholic biblical scholars. In result, the Catholic Biblical Association (CBA) was formed in 1937, and the New American Bible (NAB) was published in 1970.
    1938- Curtis Charles ( Curt) Flood baseball player born at Houston, TX. Flood was one of baseball's best centerfielders in the 1960's, batting .923 over 15 seasons and playing spectacular defense. After the 1`969 season, he refused to accept a trade from the St. Louis Cardinals to the Philadelphia Phillies. " I am not a piece of property to be bought and sold irrespective of my wishes, " he said in a letter to Commissioner Bowie Kuhn. The resulting lawsuit went o the Supreme Court where Flood lost. But his stand, taken because he did not want to switch teams, paved the way for the end of baseball's reserve clause and the advent of free agency. Died at Los Angeles, CA. Jan 20, 1992.
    1939 - On Decca Records, Louis Armstrong and his orchestra recorded "Jeepers Creepers". Vocals were provided by Satchmo.
    1940- Canadian jazz pianist and bassist Don Thompson, in Powell River, BC.
    1941- David Ruffin, co-lead singer of the Temptations until 1968, was born in Meridian, Mississippi. The Temptations emerged during the mid-1960's as one of the leading vocal groups in soul music, and their sound, as well as their elaborate stage show, became the model for countless groups that followed. The Temptations major breakthrough came in 1965, when they took Smokey Robinson's composition, "My Girl," to the top of the charts. David Ruffin left the Temptations in 1968, beginning a successful solo career with his 1969 hit "My Whole World Ended." He died of a cocaine overdose in Philadelphia on June 1st, 1991.
    1941- singer Bobby Goldsboro was born in Marianna, Florida. His sentimental pop songs, such as "See the Funny Little Clown," "Honey" and "Watching Scotty Grow" were big hits from the mid-1960's to the early '70s.
    1944 - The first jazz music concert ever held at the New York City Metropolitan Opera House was performed. Performing were: Louis Armstrong, Artie Shaw, Benny Goodman and Lionel Hampton.
    1946- Ella Fitzgerald has another hit with "You Won't Be Satisfied." Decca
    1954---Top Hits
Oh! My Pa-Pa - Eddie Fisher
Changing Partners - Patti Page
Secret Love - Doris Day
Bimbo - Jim Reeves
    1956-Little Richard enters the pop chart at #26 with "Tutti Frutti." His original beats out covers by Elvis Presley and Pat Boone. Also the Top Fifty pop album chart which is dominated by records like "Jackie Gleason Plays Music for Lovers Only" and "Jackie Gleason Plays Romantic Jazz," lists its first rock and roll entry. Billy Haley & the Comets' "Rock around the Clock" is #12.
    1958- Willie O'Ree became the first black player in the national Hockey League when he played for the Boston Bruins in a game against the Montreal Canadians. Boston won, 3-0.
    1960- Johnny Preston's "Running Bear" hits #1
    1962---Top Hits
The Twist - Chubby Checker
Peppermint Twist - Joey Dee & The Starliters
Can't Help Falling in Love - Elvis Presley
Walk on By - Leroy Van Dyke
    1964-The Beatles' "I Want to Hold Your Hand" enters the Hot 100 at #45, just ten days after its release, making it the fastest-breaking and the fastest selling single in Capitol Records history.
    1965- Paul Simon drops out of law school to pursue music full-time.
    1966- Robert Clifton Weaver was sworn in as Secretary of Housing and Urban Development, becoming the first black cabinet member in U.S. history. He was nominated by President Lyndon Johnson.
    1968-~ Singer Eartha Kitt made headlines, as she got into a now-famous confrontation with Mrs. Lyndon B. Johnson , wife of the President of the United States, at a White House luncheon to discuss urban crime. Ms. Kitt told Lady Bird (the First Lady) that American youth were rebelling against the war in Vietnam, linking the crime rate with the war escalation. She had a lot to say and it definitely was not "C'est Si Bon".
    1969-Albums released this week include the Beatles' "Yellow Submarine" on Apple Records; Tommy James & the Shondells' "Crimson and Clover" on Roulette; Creedance Clearwater Revival's "Bayou Country" on Fantasy and the self-titled LP by Blood, Sweat and Tears on Columbia.
    1970---Top Hits
Raindrop Keep Fallin' on My Head - B.J. Thomas
Venus - The Shocking Blue
I Want You Back - The Jackson 5
Baby, Baby (I Know You're a Lady) - David Houston
    1975- "The Jeffersons" premiered on TV; CBS sitcom about an African American family (formerly neighbors of the Bunkers on "All in the Family") who moved to Manhattan's East Side, thanks to the success of George Jefferson's chain of dry cleaning stores. Having a format similar to "All in the Family," the show featured a black bigot, George Jefferson. Particularly memorable were the racial slurs Jefferson used against the mixed-marriage neighbors, Tom and Helen Willis. The show was able to humorously introduce subjects such as mixed marriage on a prime-time series. Cast included Sherman Hemsley as George Jefferson, Isabel Sanford as Louise Jefferson, Mike Evans and Damon Evans as Lionel, Franklin Cover and Roxie Roker as the mixed couple and Berlinda Tolbert as their daughter, Jenny and Paul Benedict as the British bachelor neighbor Bentley. The last episode aired July 23, 1985.
    1975- Barry Manilow's "Mandy" hits #1.
    1976- the Pittsburgh Steelers won their second consecutive Super Bowl, defeating the Dallas Cowboys, 21-17, in Super Bow X. Pittsburgh wide receiver Lynn Swann was name the game's most valuable player by setting a Super Bowl record by gaining 161 yards on four receptions.
    1978---Top Hits
Baby Come Back - Player
Here You Come Again - Dolly Parton
You're in My Heart (The Final Acclaim) - Rod Stewart
Take This Job and Shove It - Johnny Paycheck
    1985-Newspaper USA Today took a poll of its readers as to where the Rock & Roll Hall Of Fame should be built. The winner was Cleveland
    1986 - Dionne Warwick's single for AID's research, "That's What Friends are For", became her second #1 song on the music charts. Although Dionne had many hits in the 1960s, singing Burt Bacharach tunes like, "I Say a Little Prayer" and "Do You Know the Way to San Jose"; she first hit the top spot when she added an 'e' to Warwick and joined the Spinners in the 1974 hit, "Then Came You". She changed her name back to Warwick (without the 'e') after making a couple of hits produced by Barry Manilow in the early '80s. That'll do it. Remember, "I'll Never Love This Way Again"?
    1986---Top Hits
That's What Friends are For - Dionne & Friends
Talk to Me - Stevie Nicks
Burning Heart - Survivor
Bop - Dan Seals
    1987 - For the first time in history, the Public Broadcasting System, PBS, was watched by more than 100 million viewers. The record audience was measured during the week of January 12-18.
    1993-- Martin Luther King Jr. holiday observed in all 50 states for 1st time.
    1988 - A storm in the southwestern U.S. produced a 15 to 20 foot surf along the southern coast of California resulting in more than fifty million dollars damage. A small tornado in Orange County CA lifted a baseball dugout fifteen feet into the air and deposited it in the street, 150 yards away. The same storm also produced 26 inches of snow at Duck Creek UT.
    1990 - A winter storm produced heavy snow and high winds across the southwestern U.S. Snowfall totals ranged up to 18 inches at Lake Arrowhead CA and Ashford AZ. High winds in New Mexico gusted to 100 mph east of Albuquerque. Unseasonably warm weather continued from Texas to the Atlantic coast. Twenty cities reported record high temperatures for the date including Roanoke VA with a reading of 71 degrees.
    1995-- The Grateful Dead's Jerry Garcia escapes unhurt when his rented BMW crashes into a guardrail near Mill Valley, California.
    1996- the first computer software application on Digital Video Disc was the PhoneDisc PowerFinder USA ONE, an electronic phone directory for the entire United States. It contained on a single digital video disc, or DVD, information that previously required the storage capacity of six CD-Rom discs.
    2001-San Francisco sues 13 energy providers for collusion to fix prices and restrict the energy supply.
    2003- In the US tens of thousands rallied in Washington DC in an emphatic dissent against preparations for war in Iraq. As many as 500,000 rallied outside the Capitol. In SF the rally drew at least 100,000 by my count. A small band of anarchists vandalized the Financial District in "black bloc" protests.

Super Bowl Champions This Date

    1976 Pittsburgh Steelers



American Football Poem

Born To Win

R.G. Graham

When you were in your crib tiny and small,
And everyone was looking at you one and all,
They smiled with pride and said again and again,
This child is special and was born to win!

Grandma and grandpa and mom and dad too,
Brother and sister were all looking at you,
They just couldn't help getting a grin,
And saying this child is special and was born to win!

And now you're getting older probably past two,
And they keep saying there's nothing you can't do
Because you're kind to all and obey your mom and dad,
You pick up your toys and go early to bed.

You're kind to your neighbors and all your friends too,
You share with them things that are special to you,
And children are so happy that you are their friend,
They know in their heart you were born to win.

So when you go to school and see children that are sad.
Pat them on the back and say it's not so bad.
Because I like you, would you please be my friend,
Because you and I are special, we were born to win!