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Senior Credit Analyst

Choose Location
Anaheim, CA, Tigard, OR, Federal Way, WA

Middle Market Credits $500,000 to $5MM
including Equipment Leases and Financings
and Recourse and Non-recourse Lines of Credit
-Five or More Years Credit Underwriting Exp.
Some Relocation Provided
click here for more information

Financial Pacific Leasing - Commercial
A subsidiary of Umpqua Bank

Tuesday, July 14, 2015

Today's Equipment Leasing Headlines

Archives: July 14, 2000
Farm Credit Leasing Announces Staffing
   for LeasExpress Line
Top Ten Stories July 6 - July 10
(Most Often Opened by Readers)
Asian-American Bank Fails in Colorado
 Cause: SBA Loans/International Business
Charlie Chan Wisdom Advice
“Employment Offer: How Long to Wait to Respond”
Career Crossroad---By Emily Fitzpatrick/RII
Leasing Industry Ads---Help Wanted
  Sales/Senior Credit Analyst
Market Study Defense Did Not Help Doctors'
 Claim of Lessor's Alleged Fraud
   By Tom McCurnin, Leasing News Legal Editor
Leasing 102 by Mr. Terry Winders, CLFP
Purchase Money Security Interest (PMSI)
Financial and Sales Training
Chart - Good news for the iPhone 6S
— more than half of iPhone 6S users upgrade every 2 years
Q3 Economic Outlook Forecasts 5% Equipment & Software
 Investment Growth as Second Half of 2015 Improves
Report Findings to be Featured in July 15 Webcast
Terrier/Chow Chow/Mixed
Minneapolis, Minnesota Adopt-a-Dog
Back Office

News Briefs--- 
Sisters Carry On Father’s Legacy at Bancroft Leasing
  Company Started by Late Charlie Bancroft 1977
Warren Capital’s biggest investor files $2.6 million claim
 Court OKs $1 million distribution
Signature Bank Forms New, Government-Focused
   Signature Public Funding Corp.
Top 100 Banks Using Social Media
  Facebook/Twitter/YouTube Followers
If Bank of America's Debt Rating Improves,
  It Could Earn $2 Billion More Each Year
Save Export-Import Bank: Our view
81-year-old independent agency makes a profit
  and helps create jobs
Windows 10 launch July 29
available as a free upgrade for a limited time

Broker/Funder/Industry Lists | Features (writer's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months (Be Careful of Doing Business)
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Archives: July 14, 2000
Farm Credit Leasing Announces Staffing
for LeasExpress Line

Minneapolis----July 14, 2000--Farm Credit Leasing (FCL) has named Brian Legried Senior Vice President of its LeasExpress business line, a new organizational unit within the company. He was previously Vice President of Credit and Operations. Legried will manage the entire business line, which serves the leasing needs of agricultural producers with speed, ease of transaction processing and standardized product offerings.

 Other staffing changes within the LeasExpress business line include the following:

-- Troy Mostaert has been promoted to Vice President of Credit and Operations. He was previously Manager of Credit and Operations.

-- Ed Hennen has been named Vice President of Sales and Marketing. He was previously a vice president of regional sales.

-- Don Nolley will also report to Legried as Vice President of the Lease Manager Group, FCL's portfolio management product. He retains his same title from prior to the reorganization.


Brian Legried
VP Refined Fuels Sales
& Energy Services at CHS
Former President
CHS Capital, LLC

Troy Mostaer
Vice President & Sales Team Leader
at AgStar Financial Services

Ed Hennen
Business Counselor at SCORE

Don Nolley
Vice President, Marketplace Development
at Farm Credit Leasing


(Leasing News provides this ad as a trade for appraisals and equipment valuations provided by Ed Castagna)


(1) California SB 197 Will Change Small Ticket Leasing
     in the Golden State/Maybe Elsewhere, too
      by Christopher Menkin

(2)  1993-Pictures from the Past
 Shawn Giffin, CLP, VP Finance/Patrick Byrne, CLP, President
     Balboa Capital Corporation

(3) The Volume Produced by Alternate Finance is Astounding
   Changing the Way Credit Decision Are Being Made
         by Christopher Menkin

(4) Archives: July 6, 2004
   NorVergence Files Bankruptcy?

(5) BBB Leasing Company Ratings
         July 7, 2015

(6) New Hires---Promotions in the Leasing Business
         and Related Industries

(7) Complaints Bulletin Board BBB Ratings

(8) Leasing Industry Ads---Help Wanted
         Opportunities Available

(9) Advanced Execution of Acceptance Certificates
           Don't Do it!
         by Michael J. Witt, Esq.

(10) One More Added: Top 25 Most Influential List
    in Equipment Finance and Leasing




Asian-American Bank Fails in Colorado
Cause: SBA Loans/International Business

The two branches of Premier Bank, Denver, Colorado were closed with United Fidelity Bank, fsb, Evansville, Indiana, to assume all of the deposits.

Premier Bank is the sixth FDIC-insured institution to fail in the nation this year, and the first in Colorado. Founded December 29, 1995, the bank had 17 full time employees at its offices in Aurora and Denver,
a far cry from year-end 2005 the bank had 56 full time employees and was processing SBA loans and international transactions. Except for 2012, it was also their last year of profit.

The Denver Post reported: "It was started in 1996 as Colorado's first
Asian-American bank.

"The bank has been in trouble since at least 2007, when Small Business Administration loans accounted for 90 percent of its loan portfolio and it was slapped with a cease and desist order by state and federal regulators."(1) *

Note the high Non-Current loans next to the Net Equity and what
it did to the profits: 

Non-Current Loans



2005 $2.8
2006 $8.7
2007 $7.4
2008 $3.2
2009 $2.1
2010 $3.2
2011 $2.3
2012 $1.2
2013 $2.0
2014 $2.0
3/31 $1.7
Net Equity
2005 $11.6
2006 $10.8
2007 $10.2
2008 $6.7
2009 $4.6
2010 $3.6
2011 $1.7
2012 $2.2
2013 $1.3
2014 $733,000
3/31 $433,000
2005 $2.1
2006 -$848,000
2007 -$811,000
2008 -$3.2
2009 -$2.0
2010 -$1.5
2011 -$1.9
2012 $302,000
2013 -$529,000
2014 -$917,000
3/31 -$339,000


Charge Offs

2005  $515,000  ($488,000 Commercial/Industrial loans, $27,000 individual, $16,000 other consumer loans)
2006    $92,000   ($100,000 construction/land, $100,000 nonfarm/nonresidential, $10,000 farmland, $166,000 commercial/industrial, $21 individual, $12,000 other consumer loans, -$305,000 other loans.
2007   $382,000   ($279,000 commercial/industrial, $84,000 nonfarm/industrial, $50,000 multifamily)
2008   $461,000   ($307,000 nonfarm/nonresidential, $$100,000 commercial/industrial, $53,000 1-4 family residential)
2009   $187,000    ($101,000 commercial/industrial, $78,000 nonfarm/nonres.)
2010    $88,000   ($83,000 commercial/industrial, $5,000 const./land)
2011  $1.8   ($1.1 nonfarm/nonres., $742,000 commercial/industrial)
2012   -$33,000   ($-$40,000 nonfarm/nonres., $13,000 indiv., $11,000 other. -$6,000 commercial/industrial)
2013   $272,000 ($264,000 nonfarm/nonres., $9,000 multifamily, -$1,000 individuals)
2014   $96,000   ($94,000 Commercial/Industrial, $3,000 other loans, $=1,000 individuals)
3/31   0

Construction and Land, 1-4 family multiple residential, Multiple Family
Residential, Non-Farm Non-Residential loans (non-owner occupied).         .

Reportedly most of the loans were SBA Loan repayments not being made as well as the venture into international business as evidenced by this on their website in Colorado:

         (click to enlarge)


As of March 31, 2015, Premier Bank had approximately $31.7 million in total assets and $29.6 million in total deposits. In addition to assuming all of the deposits of the failed bank, United Fidelity Bank, fsb agreed to purchase essentially all of the assets.

The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $4.4 million.

(1) Denver Post Article

*Cease and Desist Order:

FDIC Press Release

List of Bank Failures:

Leasing News Bank Beat:




“Employment Offer: How Long to Wait to Respond”
Career Crossroad---By Emily Fitzpatrick/RII


Q: What is an acceptable time frame to respond to an employment offer?

A: Twenty-four to forty-eight hours is an acceptable time frame to respond to an offer; this may seem to be a short amount of time to make such an important decision. However, your decision should have been made during your first in person interview in contemplation of an offer. 

From the very first day of the process, the candidate must “act as if” an offer will come to fruition (or else what, is the point?). As such, due diligence must begin from DAY ONE. It is my suggestion that before ever meeting the company face to face that you are 90% sure there is interest in accepting an offer from this employer (phone interviews and research will assist you in this process). At any point, you know this is not the position /company for you, STOP the process. Wasting companies’ time will not bode well for your reputation in such a small industry.

Remember before ever deciding to embark in a career move, you should put your goals and objectives on paper. These goals and objectives must be discussed with the recruiter and/or hiring manager via a phone interview. You can also follow up with any topics or issues that were not covered. Clarification will be needed and further questions will arise, which should be addressed in a second phone interview, and if necessary, a third. If the company is moving forward with an in person meeting before you are ready, suggest a third conversation to “clarify some topics” (e.g. first year expectations, non-compete, base, etc.…); they will appreciate you not wasting their time and resources. If working with a recruiter, they will walk you through this and make the process easier.

The point of conducting due diligence is to make sure both parties are on the same page (apples to apples). Why waste time traveling, meeting executives, etc… if you are not at least 90-95%, sure this is the company for you? By following this procedure in employment offers, the twenty-four to the forty-eight-hour time frame is expected.

Note: if interviewing for a very senior level / C-Level type position, there are many more factors that go beyond the due diligence process, and as such warrants a longer period.

Feel free to contact for more information

Emily Fitzpatrick
Executive Recruiter | Career Consultant
Columnist for Career Crossroads
Member of the National Resume Writers Association (NRWA)

T: 954.885.9241 | M: 954.612.0567 | eFax: 636.582.3231

website | email | vCard | | LinkedIn | Twitter



Leasing Industry Ads---Help Wanted
Sales/Senior Credit Analyst

Senior Credit Analyst

Choose Location
Anaheim, CA, Tigard, OR, Federal Way, WA

Middle Market Credits $500,000 to $5MM
including Equipment Leases and Financings
and Recourse and Non-recourse Lines of Credit
-Five or More Years Credit Underwriting Exp.
Some Relocation Provided
click here for more information

Financial Pacific Leasing - Commercial
A subsidiary of Umpqua Bank


For information on placing a help wanted ad, please click here:

Please see our Job Wanted section for possible new employees.


Market Study Defense Did Not Help Doctors'
 Claim of Lessor's Alleged Fraud

By Tom McCurnin
Leasing News Legal Editor

 Medical Equipment Lessors Often Provide Proposed Lessee With
Market Studies.  Rhode Island Court Rules That Such Market Studies
Do Not Rise to the Level of a Representation of Expected Profit
Which Would Enable the Lessee to Avoid Payment on Lease. 

 “But you got to know the territory!”  Meredith Wilson, Music Man 1957

Siemens Financial Services, Inc. v. Stonebridge Equipment Leasing  91 A.3d 817 (Rhode Island 2014). 

Equipment Lessors which provide financing for specialized medical equipment for surgery, diagnostics, or treatment typically know the territory.  A good medical equipment lessor will know, within 50 miles, every similar surgery center offering similar equipment. Siemens is no exception, and knows the competition. In today’s case, the lessor distributed a marketing study, and the lessee took the bait. When the profits did not achieve the projections, the doctors defended Siemen’s suit on the grounds of fraud. The court held that the distribution of a marketing study was not fraud, giving the salesperson free reign. The facts follow. 

In 2005, a group of physicians and businessmen desired to start an MRI center in Woonsocket, Rhode Island. In 2006, the sales team for Siemens provided a business-plan to the prospective lessee, which included census data, forecasts, and projections for the MRI center, including potential demand for an MRI center in the Woonsocket area. The report included a disclaimer that the information contained in the report was “based upon best available data but should not be taken as a prediction of the future.”

In 2007, the lessee agreed to lease the MRI equipment, creating two different entities to operate the MRI center, a leasing company to acquire the equipment and a second entity to operate the center six leasing schedules with Siemens on March 29, 2007. The lessee executed six leasing schedules with Siemens in 2007. 

The MRI center was spectacularly unsuccessful and the operating entity made only one payment, and likewise the lessee made only one payment to Siemens, defaulting in 2008. 

Siemens filed suit in 2009 and the lessee counterclaimed for intentional misrepresentation, negligent misrepresentation, fraud and deceit.  Both sides moved for summary judgment. In 2013, the trial court granted summary judgment for Siemens and ruled against the lessee holding that nothing in the record supports the lessee’s allegations of misrepresentations or reasonable reliance thereon. The lessee appealed.

On appeal, the lessees made the arguments that (1) Siemens provided the lessee with a Demographic Profile, upon which defendants relied to their detriment; (2) Siemens sold the lessees a $40,000 consulting program, known as the “Compass Program,” but never delivered the services that had been promised; and (3) Siemens provided business projections for the MRI center to the lessee, upon which it detrimentally relied. 

The Court noted that the lessee’s contentions were founded on Siemens' purported misrepresentations of information such as the number of procedures the MRI center would be able to perform and the estimated profit that the center could be expected to earn. The Court found it difficult to perceive how a promise to provide certain services squares with the allegations of fraud. In addition, insofar as the Compass Program was concerned, the Court noted that the lessee made a $4,000 deposit towards the program but paid no other payments, and the deposit was eventually was applied to lessee’s obligations under the lease, essentially no harm, no foul. Finally, the Court noted that the so-called representations in the marketing study could not constitute fraud because opinions, estimates, or judgments cannot form the basis of a misrepresentation, nor was there any reliance upon the projections by the lessee.  Accordingly, the Court ruled in favor of Siemens and ruled against the lessee.

What are the lessons for the equipment lessor here?

First, salespersons have a free reign to provide demographic studies and profit projections to prospective lessees. It’s always a good idea to have an admonition on the report that the materials should not be relied upon by the lessee and the data is merely an opinion. This fact was emphasized by the Court in its opinion. I think the Court recognized that salespersons will provide some fluff to cement a deal, but having an admonition would have saved the day here. 

Second, if the reader is a salesperson, keep copious notes of the materials provided to the prospective lessee and the summary of any meetings in which potential profit is discussed. In this case, the Siemens’ salesperson was deposed and testified that as a supplier of such imagery machinery, it was the salesperson job to “know the territory” and to provide the prospective customer with data concerning other MRI centers in the proposed geographic area. Although the deposition was not attached to the opinion, the salesperson sounded reasonable and articulate. 

Third, I didn’t see a way for Siemens to get out of the litigation and appeal without going through the process, save and except having a strong admonition in its market studies. Although its documentation was generally in order, Siemens had to go through the litigation process to obtain its judgment.

The bottom line to this case is that like Professor Harold Hill, a salesman has got to know the territory and should not be punished by conveying information about the lessee’s competitors.

Seimens Financial Services Case

Tom McCurnin is a partner at Barton, Klugman & Oetting
in Los Angeles, California.

Tom McCurnin
Barton, Klugman & Oetting
350 South Grand Ave.
Suite 2200
Los Angeles, CA 90071
Direct Phone: (213) 617-6129
Cell (213) 268-8291
Visit our web site at
Previous Tom McCurnin Articles:

Previous Tom McCurnin Articles:



(Terry retired January 1, 2015.  To honor him and his many years of writing for readers of Leasing News, is repeating several of his columns that are still meaningful today. Here is September 24, 2013.)

Purchase Money Security Interest (PMSI)

The current discussion on accounting rules is taking center stage on the concerns of the future of commercial equipment leasing. However, I think some of the new crop of lease employees fail to understand there are legal requirements as well and we have a large quantity of leases that are really disguised conditional sales contracts or are more legally called: “leases intended as a security.” These leases are governed by Article 9 of the Uniform Commercial Code (UCC) and not Article 2A that is intended for legal leases. Article 9 commercial transactions require liens to protect the lender’s position.
In Article 9--- transactions the lessee is recognized as the owner of the equipment. In Article 2A ---the lessor is recognized as the owner. Therefore an Article 9 lease requires the lessor to file a lien to protect the asset until the lease is paid in full.

To understand ownership, the UCC recognizes three types of ownership:

  1. real estate
  2. titled assets
  3. untitled assets.

Transportation assets usually have a title so the lien is placed on the physical vehicle.

An untitled commercial asset, which is virtually everything else that is not real estate, requires filing a lien (financing statement) at a State level. You must discover the State in which the lessee has filed their charter papers and file in that State.

Article 2A Lessors are allowed to file financing statements on leases without fear that the filing may be used as evidence that we made a loan instead of a lease (Article 9-505). Also, the financing statement must be in the State of incorporation because it is an Article 9 statement.

A financing statement is a legal notice that a lender is placing a lien on an asset that they have taken as security for the repayment of a loan or lease (intended as a security).

Article 2A true leases do not require the filing of a lien because the lessor is recognized as the owner.

There are three types of liens. It is best to understand that first filed has first position if a default occurs. Generally speaking a lot of lenders file a “blanket lien” which means they have first position on all current assets plus any after acquired assets. This was done by the UCC so some minor assets could be sold without having the lien released so long as it is replaced by something of equal value. This means that a lease on new equipment could become covered by the blanket lien holder if there was not a procedure to allow the lessor to protect his position.

A “purchase money security interest filing” (PMSI) was established to allow a lender/lessor to file a lien and have a first position lien provided the lien was filed no later than 20 days after the lessee takes possession of the equipment. This poses a problem when vendors provide a trial period for the lessee to determine if the equipment will serve his needs. This is the reason we have a space on the acceptance agreement for possession/delivery date. But as you know lessees usually date everything the same as the acceptance date and unless you confirm the delivery date with the vendor, you could be late filed and you lose the asset to the blanked lien holder.

However, first filed is always first lien holder, so if no blanket lien exists you could be first lien holder even if you fail the PMSI filing deadline. It is very important to complete the filing within the 20 day period after possession. I can’t emphasize that enough.

Previous #102 Columns:




Financial and Sales Training

These individuals act as a consultant in 75% or more of their main business, actually training staff or individuals of a leasing company. These are not schools or franchisors, which can be viewed by clicking here.

Several hold classes, and most will travel to their client's premise.

Adrian Miller
  Wheeler Business Consulting, LLC


Full List:



Chart - Good news for the iPhone 6S
— more than half of iPhone 6S users upgrade every 2 years

by Matt Rosoff, www.businessinsider

According to a spring 2015 poll by Gallup, compiled here by Statista, more than half of iPhone users upgrade as soon as their carrier allows them to — usually every two years. That means about half of people still sporting an iPhone 5S are likely to buy the new 6S (or whatever it turns out to be called) when it comes out. Only 47% of iPhone users keep their phones until they're obsolete or stop working.



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

Q3 Economic Outlook Forecasts 5% Growth in Equipment and Software Investment as Second Half of 2015 Improves

Report Findings to be Featured in July 15 Webcast

Washington, DC,– Investment in equipment and software is expected to grow 5 percent in 2015, according to the Q3 update to the 2015 Equipment Leasing & Finance U.S. Economic Outlook released today by the Equipment Leasing & Finance Foundation. As the U.S. economy rebounds from a disappointing Q1, the report predicts that business confidence will improve, which should encourage greater investment over the second half of 2015. The outlook for 12 individual equipment and software verticals tracked in the report is mixed, with some sectors outperforming others.

The Foundation’s Economic Outlook, which is focused on the $903 billion equipment leasing and finance industry, forecasts 2015 equipment investment and capital spending in the United States and evaluates the effects of various industry and external factors likely to affect growth over the next 12 months.

William G. Sutton, CAE, President of the Foundation and President and CEO of the Equipment Leasing and Finance Association, said, “Despite a weak start to the year and remaining obstacles to growth, the Foundation’s Outlook reports that a strengthening U.S. economy bodes well for the second half of the year for equipment and software investment.  Data from the Foundation’s Monthly Confidence Index and ELFA’s Monthly Leasing and Finance Index also reflect positive trends in equipment investment. In addition, expectations of a Fed rate increase later this year could encourage households and businesses to ‘pull forward’ investments in the coming months.  The Outlook report also predicts that a steady increase in new business volume and a rising propensity to finance will drive positive growth for the equipment finance industry in 2015.”
Highlights from the study include:

•  Investment in equipment and software is expected to grow 5 percent in 2015, down from 5.8 percent in 2014. Following a weak fourth quarter of 2014, equipment and software investment growth picked up modestly from 1.6 percent in Q4 2014 to 3.8 percent in Q1 2015. The struggling manufacturing and energy sectors are obstacles to growth, yet an improving economy should provide a lift to business investment and equipment finance activity during the second half of 2015.  

•  GDP is expected to grow 2.6 percent in 2015. After 2.2 percent growth in the fourth quarter of 2014, the U.S. economy contracted 0.2 percent in Q1 2015, driven largely by harsh winter weather on the East Coast, a port strike on the West Coast, and a strong dollar that harmed net exports. Mirroring 2014, the disappointing first quarter is expected to hold back annual growth in 2015. Growth drivers expected to fuel faster growth for the rest of 2015 include a strengthening labor market, momentum in housing, and improved consumer spending.

•  Credit availability and demand continue to gradually rise. The weak first quarter presented a short-term headwind to borrowing, but stronger growth over the remainder of the year should encourage greater borrowing from businesses in the second half of 2015.

•  The Foundation-Keybridge U.S. Equipment & Software Investment Momentum Monitor, which is included in the report and tracks 12 equipment and software investment verticals, forecasts the following equipment investment activity:

  Agriculture machinery investment growth will likely remain weak or negative over the next three to six months.
   Construction machinery investment growth should remain steady over the next three to six months.

  • Materials handling equipment investment growth could slow over the next three to six months.
  • All other industrial equipment investment growth may decline further over the next three to six months.
  • Medical equipment investment growth is expected to remain strong over the next three to six months.
  • Mining and oilfield machinery investment should remain weak over the next three to six months.
       Aircraft investment growth may remain steady or moderate slightly over the next three to six months.
       Ships and boats investment growth may moderate in the next three to six months.
  • Railroad equipment investment growth rates may decline over the next three to six months.
  • Trucks investment growth could ease somewhat over the next three to six months.
  • Computers investment growth rates should remain steady over the next three to six months.
  •  Software investment growth will likely remain stable over the next three to six months.

The Foundation will host a one-hour webcast on July 15 at 1 p.m. EDT on the Outlook report results and how to use the data to improve business decision-making.  To register, email

The Foundation produces the Equipment Leasing & Finance U.S. Economic Outlook report in partnership with economics and public policy consulting firm Keybridge Research. The annual economic forecast provides a three-to-six month outlook for industry investment with data, including a summary of investment trends in key equipment markets, credit market conditions, the U.S. macroeconomic outlook and key economic indicators. The Q3 report is the second update to the 2015 Annual Outlook, and will be followed by one more quarterly update before the publication of the 2016 Annual Outlook in December.

Download the full report at

The Equipment Leasing & Finance Foundation is a 501c3 non-profit organization dedicated to inspiring thoughtful innovation and contributing to the betterment of the equipment leasing and finance industry.  Funded through charitable individual and corporate donations, the Foundation focuses on the development of in-depth, independent research and resources for the advancement of equipment finance industry knowledge. Visit the Foundation online at

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


(Leasing News provides this ad “gratis” as a means
to help support the growth of Lease Police)


Terrier/Chow Chow/Mixed
Minneapolis, Minnesota Adopt-a-Dog

Rescue ID: 11214-L
Sex: Male
Current Size: 8.7 Pounds
General Potential Size: Medium
Current Age: 2 Months 30 Days (best estimate)
Activity Level: Moderately Active
Indoor or Outdoor: Indoor Only
Good with Dogs: Yes
Good with Cats: Yes
Good with Kids: Yes
Adoption Fee: $425

“Hi, I'm your typical puppy. I love people and also love to cuddle with my foster family. I enjoy playing tug of war with my foster pups and I also play well with the bigger dogs. I will sometimes cry in my kennel but other than that I am quiet. I am not potty trained, but working on it."

Adopt Application:

Contact Info
Write Us:
Midwest Animal Rescue & Services
P.O. Box 290073
Minneapolis, MN 55429

Call Us:
(763) 503-4990

Email Us:

Have a question about an application?  Please email us at:

Monday - Closed
Tuesday, Thursday: 11am to 8pm
Wednesday, Friday: 11am to 7pm
Saturday: 9am to 5pm
Sunday: 12:30pm to 5:30pm

Our available pets live in homes, as family members, receiving all of the love and care they would in an adoptive home, until they are adopted. The adopters gain greater insight into the pets’ behavior and personality versus interacting with an animal who has been living in a kennel and the pet is more prepared for a loving home life. This helps produce the best match possible for the new families, resulting in a 99% success rate!

Adopt a Pet


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Let Tax Partners handle your sales and use tax compliance duties w/less risk and cost than in-house. Largest tax compliance firm
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20 years experience on funder/broker sides. Looking for a relationship where I act as credit shop for smaller brokers when financial statements are involved.
Back Office: National Property Tax Compliance Services to the leasing industry. Over 60-years experience and fifty Lessors as clients. References and free quotes available,
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Receivables Management LLC
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• End of Lease Negotiations & Enforcement 
• Third-Party Commercial Collections | ph 315-866-1167

(Leasing News provides this ad as a trade for investigative
reporting provided by John Kenny)


News Briefs----

Sisters Carry On Father’s Legacy at Bancroft Leasing Company Started by Late Charlie Bancroft 1977

Warren Capital’s biggest investor files $2.6 million claim
 Court OKs $1 million distribution

Signature Bank Forms New, Government-Focused Signature Public Funding Corp.

Top 100 Banks Using Social Media

If Bank of America's Debt Rating Improves, It Could Earn $2 Billion More Each Year

Save Export-Import Bank: Our view 81-year-old independent agency makes a profit and helps create jobs

Windows 10 launch July 29, available as a free upgrade for a limited time





--You May Have Missed It

A restaurant critic says one type of restaurant
is never worth the money


SparkPeople--Live Healthier and Longer

Poll: Do You Drink Hot Beverages to Cool Off?


Baseball Poem

Casey's Random Batting Trial

by Keith Woolner

The win probability was epsilon for the Mudville nine that day
With a minus-two run differential, and just three outs left to play

Then when Cooney lowered his OBP, and Barrows did the same
They took the last-ups advantage and the home crowd from the game.

The Dodger fans began to leave, the Expos fan did too
Just Red Sox fans did cling to hope which springs forever new

They thought, if only one at-bat, Casey he could get
Egad! Pete Rose could take those odds, and make a hefty bet.

But Flynn and Blake preceded him. Who made this lineup card?
For both were mere slap hitters, for whom patience was too hard.

So upon the stricken statheads, grim melancholy sat;
Just an infinitesimal probability of getting Casey to the bat

But Flynn singled off the closer, to the wonderment of all
Blake caused the fielder's UZR to drop, when he let the line drive fall.

And when the fielders finally stopped giving the ball a chase
Blake had doubled, while Flynn had failed to take the extra base.

Then from fifty thousand estimated arose a lusty yell
It rumbled through the concrete valley, and I think it crashed my Dell.

It pounded through the TV speakers, enhanced and amplified by FOX.
For Casey, mighty Casey, was advancing to the box.

There was ease in Casey's manner, and a smile was on his face.
Did his endless bat-touch ritual and then stepped into his place

When responding to the cheers, he flipped off the roaring crowd
No one doubted it was Casey, high-and-mighty and so proud.

All eyes were on Casey as the pitcher got the sign
All throats groaned and sighed when he stepped out one more time.

The manager debated the I-B-B, and then said with a sneer
"I've pitched to Barry Bonds before; I'll pitch to this jerk here."

At last he hurled the spheroid, sent a-whizzing toward the plate.
The FOX gun it read 95, but 'twas really 88.

Far too close the batsman stood, so the pitch came towards his head.
Casey dove, fell to the ground. "Strike one!", the umpire said.

From the stands, black with people, there went up a muffled roar.
"Is Enrico Pallazzo umping?" they yelled, plus a few "choice" words more.

"Kill the ump!" Don Zimmer shouted, and from the dugout he bound
And it's likely he would have killed, had not Casey thrown him to the ground.

Casey knew the state transition matrix, and should have showed concern.
But knew from the hurler's pitch count, his right arm was likely burned.

He stepped back in the box, and once more the dun sphere flew.
But this ump calls the high strike, and Casey took it for strike two.

"Fraud!" cried the maddened thousands, when they saw the Jumbotron.
The screen operator was ejected, and only then the game went on.

Pitcher and batter faced off as foes, and each refused to bend
Yet only one would increase his VORP when this day comes to an end.

"Walk-off homer" Casey thought, avoid the extra innings he did hate.
He pounds, with steroid muscles, his mighty bat upon the plate.

From the stretch to a full stop, so deliberate it's absurd.
Pitch in the dirt! The swing is checked! Catcher appeals to third...

Oh somewhere in this land, the Red Sox are champions of the day.
Steinbrenner's firing someone, and Rickey still wants to play.
Gaylord Perry and Joe Niekro are finally playing fair.

But there is no joy in Mudville
Casey cost them three Win Shares.



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This Day in American History

     1771 - Father Junipero Serra (1713-84) founded Mission San Antonio De Padua San Antonio Valley. This valley was the heart of Indian homeland, which ranged from California’s Carmel Valley to Morro Bay. Mission San Antonio produced wine, flour, leather, and everything else to support a population of several thousand souls. After awhile, the indigenous people began dying from the Europeans' diseases. Then Mexico won the territory from Spain in a revolution, but began losing political control of California. In 1949, the Randolph Hearst family traded the land with the mission to the U.S. Government.
    1773 - The first annual conference of the Methodist Church in America convened at St. George's Church in Philadelphia, PA.
    1798 - Tax was levied by Congress directly on the states by authority of the act of July 14, 1798. It was levied on dwellings, land, and slaves. The amount to be collected was $2 million, apportioned to the states in direct ratio to the population.  Also on this day, Congress passed the Sedition Act, making it a federal crime to publish false, scandalous or malicious writing about the U.S. government.
    1813 – Lt. John M. Gamble (1731-1836) was the first, and remains the only Marine to command a ship in battle (prize vessel Greenwich in capture of British whaler Seringapatam).
    1825 - The visit of the Marquis de Lafayette (1757-1834) to America in 1824-1825 was in every sense a triumphal procession. The 2nd Battalion, 11th New York Artillery, was one of many militia turned out to welcome him. This unit decided to adopt the title “National Guard” in honor of Lafayette’s command of the Garde Nationale de Paris during the French Revolution. The 2d Battalion, later designated as the 7th Regiment, was prominent in the line of march on the occasion of Lafayette’s final passage through New York en route home to France. Taking note of the troops named for his old command, he alighted from his carriage and walked down the line clasping each officer by the hand as he proceeded. The 7th New York, with its designation “National Guard” went on to become one of the most famous of all Guard units well into the 20th century. Its nickname has come to represent all American militia for more than century. His visit was extremely well received everywhere he went; a hero of the Revolutionary War.
    1850 – The first public demonstration of ice made by refrigeration was held.
    1853 - Commodore Matthew Perry (1794-1858) met with Prince Toda and Prince Ido at a ceremony at Kurihama, Japan, and presented a letter from former Pres. Fillmore to Emperor Osahito, requesting trade relations.
    1853 – The opening of the first major US world’s fair, Exhibition of the Industry of All Nations, in New York City.
    1862 – Florence Bascom’s (1862-1945) birthday in Williamstown, MA.  U.S. geologist.  She was the first woman to receive a Ph.D. degree from any U.S. university (Johns Hopkins) and was instrumental in making Bryn Mawr College a major center for geology as its longtime, much revered professor. She was the first woman to be elected a fellow of the Geological Society of America. Her domestic partner, Julia Anna Gardner (b. 01-26-1882), was also a geologist who did important work in economic geology and assisted in the strategic planning efforts of WWII.
    1864 - Confederate General Nathan Bedford Forrest suffers his biggest defeat when Union General Andrew J. Smith routs his forces in Tupelo, Mississippi. The battle came just a month after the Battle of Brice's Crossroads, in which Forrest engineered a brilliant victory over a larger Union force from Memphis that was designed to keep him from threatening General William T. Sherman's supply lines in Tennessee. Hoping to neutralize Forrest, Sherman sent Smith's expedition to destroy Forrest and his cavalry. Smith left LaGrange, Tennessee, on June 22 with 14,000 troops. Forrest and his cavalry were part of a 10,000-man force commanded by General Stephen Lee, but Forrest and Lee shared command responsibilities. Forrest's strategy at Tupelo was similar to his tactics at the Battle of West Point, Mississippi, five months earlier. In both battles, Forrest used part of his force to entice the Yankees into a trap. The plan worked well at West Point, but in Tupelo, Smith did not take the bait. Instead of driving right at Forrest, Smith dug his troops in around Tupelo. Lee and Forrest were uneasy about attacking the Yankees, but they agreed to try to drive Smith out of Mississippi. The assault began on the morning of July 14. Smith's Union troops were in an ideal position for fending off an attack. The Confederates had to fight uphill across nearly a mile of open terrain. Lee struck one flank and Forrest struck the other. Poor communication ruined the Rebels' coordination, and after three hours they had not breached the Union line. Although Lee was the ranking Confederate, he had offered Forrest command of the battle. Forrest declined, but assigning blame for the defeat is difficult. Union losses stood at 674, while Forrest and Lee lost over 1,300 soldiers.
    1868 - The tape measure was patented by Alvin J. Fellows of New Haven, Connecticut
    1881 - Outlaw William H. Bonney Jr., alias Billy the Kid, was shot and killed by Sheriff Pat Garrett in Fort Sumner, N.M.
    1891 - African-American John Standard, inventor, receives patent for his improvement on the refrigerator.
    1892 - The Baptist Young People's Union held its first national convention in Detroit. The founding of the BYP Union was inspired by the earlier work of Francis E. Clark, a Congregational pastor who founded the first 'modern' youth fellowship in 1881.
    1894 – Cartoonist, animator Dave Fleischer (1894-1979) was born at New York City.  Among the cartoon series Fleischer supervised were “Talkartoons”, “Betty Boop” “Popeye The Sailor”, “Color Classics”, “Superman”, and several others.
    1896 - Los Angeles had its greatest 24 hour July rainfall with .24 inches.
    1898 – Birthday of former congressman from Kentucky and MLB Commissioner A.B. “Happy” Chandler (1898-1991) in Corydon, KY.  He represented the state in the Senate and served as its 44th and 49th Governor. In 1945, Chandler resigned his senate seat to succeed the late Kennesaw Mountain Landis as commissioner of baseball. His most significant action as commissioner was the approval of Jackie Robinson’s contract with the Brooklyn Dodgers, thereby integrating Major League Baseball for the first time since the early 20th century. He also established the first pension fund for Major League players, earning him the title "the players' commissioner". Baseball owners were upset with Chandler's governance, however, and did not renew his contract in 1951.  He was inducted into the Baseball Hall of Fame in 1982.
    1900 – Chick Fraser fired a one-hitter for the Phillies in a 1 - 0 win over the Boston Bees. He will become part of the first big lawsuit challenging the reserve clause in the 20th century.
    1903 - Novelist Irving Stone (1903-89), was born Irving Tannenbaum, San Francisco, Ca.  Among the best known of his works are “Lust for Life” (1934), about the life of van Gogh, and “The Agony and the Ecstasy” (1961), about Michelangelo.
    1906 – Birthday of Tom Carvel (1906-1990), born Thomas A. Carvelas, of ice cream fame.  He was a Greek-born American known for the invention and promotion of soft ice cream in the northeastern US, and he was the founder of the Carvel brand and franchise.
    1910 - Birthday of William Hanna (1910-2001) at Melrose, New Mexico. He was the co-creator of such popular characters as Tom and Jerry, Yogi Bear, Snagglepuss and Magilla Gorilla. With partner Joe Barbera, he won seven Academy Awards for his Tom and Jerry cartoon shorts and another eight works were nominated.  The Hanna-Barbera team created the first animated TV sitcom for adults, “The Flintstones” (1960), and such favorites as “The Jetsons” and “Scooby-Doo, Where are You?”
    1911 – Harry Atwood, an exhibition pilot for the Wright Brothers, lands his airplane at the South Lawn of the White House. He is later awarded a gold medal from President Taft for this feat.      
    1912 - Birthday of Woodrow Wilson “Woody” Guthrie (1912-67), American folksinger, song writer (“This Land is Your Land,” “Union Maid,” “Hard Traveling,”) at Okemah, OK.   Traveled the country by freight train, singing and listening. Father of singer Arlo Guthrie.
CHORUS: This land is your land, this land is my land
From California to the New York island
From the Redwood forest to the Gulf Stream waters
This land was made for you and me
As I was walking that ribbon of highway
I saw above me that endless skyway
I saw below me that golden valley
This land was made for you and me
I roamed and rambled and followed my footsteps
O'er the sparkling sands of her diamond deserts
While all around me, a voice was saying
This land was made for you and me
When the sun came shining and I was strolling
And the wheat fields waving and the dust clouds rolling
As the fog was lifting, a voice was chanting
This land was made for you and me
As I went walking, I saw a sign there
On the sign it said NO TRESPASSING
But on the other side it didn't say nothing
That side was made for you and me!
In the squares of the city, in the shadow of the steeple
In the relief office, I seen my people;
As they stood there hungry I stood there asking,
Is this land made for you and me?
Nobody living can ever stop me
As I go walking that freedom highway
Nobody living can make me turn back
This land was made for you and me
    1913 - Birthday of Gerald Ford (1913-2006), 38th President of the United States (1974-77). Born Leslie King at Omaha, NE. Ford became 41st Vice President of the US on December 6, 1973, by appointment, following the resignation of Spiro T. Agnew from that office on October 10, 1973. Ford became President on August 9, 1974, following President Richard M. Nixon’s resignation in an attempt to avoid imminent impeachment over his involvement in Watergate and its cover-up. He remains the only non-elected Vice President and President of the US.
    1918 - Birthday Jay Forrester, a pioneer in computer memory, IN Anselmo, NE. Forrester studied at the Massachusetts Institute of Technology, where he later became a professor and researcher. In 1945, he founded MIT's Digital Computer Laboratory and helped build an early digital computer called the "Whirlwind I." His work at the lab made him realize that existing information storage techniques were slow and, even worse, unreliable. In 1949, he developed a way to use a magnetic cell to store information. The random-access magnetic core memory became a central feature of most digital computers. Forrester later applied computer science to management problems, creating computer simulations of real world problems in manufacturing and other processes.
    1921 – Nicola Sacco and Bartolomeo Vanzetti case goes to the jury. At 7:30 in the evening, the jury returns its verdict: both are found guilty of murder in the first degree in Dedham, Mass. of killing a shoe company paymaster and his guard. Their long years of appeals and massive protests world-wide began as they were executed in 1927.  Since their deaths, a consensus of critical opinion has concluded that the two men were convicted largely because of anti-Italian prejudice and their political beliefs and were therefore unjustly executed.   Investigations of the case continued throughout the 1930s and 1940s. The publication of the men's letters, containing eloquent professions of innocence, intensified belief in their wrongful execution. Additional ballistics tests and incriminating statements by the men's acquaintances have clouded the case. In 1977, Massachusetts Governor Michael Dukakis issued a proclamation that Sacco and Vanzetti had been unfairly tried and convicted and that "any disgrace should be forever removed from their names".
    1923 - Birthday of Frances Lear (1923-96) in Hudson, NY.  U.S. publisher of Lear Magazine for "the woman who wasn't born yesterday." It failed. It cost her $25 million of the estimated $100-112 million she received as a divorce settlement from her partner-husband Norman Lear, producer of two of TV's biggest hits, “All in the Family” and “Maude”, the latter allegedly based on Frances Lear's life as a businesswoman and a feminist activist.
    1923 – Birthday of actor Dale Robertson (1923-2013), at Harrah, OK.  Robertson is best known for his lead roles as Jim Hardie in television’s “Tales of Wells Fargo” and as Ben Calhoun in “The Iron Horse”.  He was also the last of the hosts of “Death Valley Days”.  Less known is his military record wherein he served in the US Army 322nd Combat Engineer Battalion of the 97th Infantry Division in Europe during World War II and was wounded twice. He received the Bronze and Silver Star medals.  
    1929 - Birthday of Alan Dawson (1929-96), drummer, Marietta, PA
    1930 – Birthday of actress Polly Bergen, (1930-2014) born Nellie Paulina Burgin in Knoxville, TN.
    1932 – Roosevelt “Rosie” Grier born at Cuthbert, GA.  Rosie was an actor, singer, minister, and NFL defensive tackle of the famed “Fearsome Foursome” of the LA Rams.  A Bobby Kennedy confidant, Grier was Ethel Kennedy’s bodyguard who wrestled the gun from the hand of convicted RFK assassin Sirhan Sirhan on the night of the assassination at the Ambassador Hotel in Los Angeles.
    1934 - 116ø F (47ø C), Orogrande, New Mexico (state record)
    1936 - 116ø F (47ø C), Collegeville, Indiana (state record)
    1940 - In the aftermath of beanball wars, Spalding advertised a batting helmet with ear flaps in “The Sporting News”. Players express no interest, but next year the Brooklyn Dodgers introduced cap liner, which some batters start to use.
    1942 - It was their last duet together for Helen O’Connell and Bob Eberly when they recorded "Brazil" with the Jimmy Dorsey band.
    1943 - The first national monument dedicated to an African-American was the George Washington Carver National Monument, authorized this day, officially established on June 14, 1951, and dedicated on July 14, 1953. It consists of 210 acres about 2.5 miles southwest of Diamond in Newton County, MO and it is administered by the National Park Service.

    1946 - Player-manager Lou Boudreau of the Cleveland Indians hit four doubles and one home run, but Ted Williams belted three homers and drove in eight runs, as the Red Sox topped the Tribe, 11-10. In the Sox's second-game win, the famous Boudreau Shift debuted. Boudreau shifted all his players, except the 3B and LF, to the right side of the diamond in an effort to stop Williams. Ted grounds out and walks twice while ignoring the shift.
    1946 - Birthday of Vincent Pastore in The Bronx.  He played Salvatore “Big Pussy” Bonpensiero of “The Sopranos”.  Earlier in his career he had minor roles in “Goodfellas” and “Carlito’s Way”.
    1947 - Top Hits
“Peg o’ My Heart” - The Harmonicats
“I Wonder, I Wonder, I Wonder” - Eddy Howard
“Chi-Baba, Chi-Baba” - Perry Como
“Smoke! Smoke! Smoke! (That Cigarette)” - Tex Williams
    1948 - The New Yorker publishes J. D. Salinger's intriguing short story of infidelity and self-deception, "Pretty Mouth & Green My Eyes."
    1950 - No. 1 Billboard Pop Hit: "Mona Lisa," Nat King Cole. The song, which tops Billboard's pop chart for eight weeks, is featured in the film "Capt. Carey, U.S.A.," and sells more than 3 million copies. The song receives a Grammy Hall of Fame Award in 1992.
    1951 - Citation, winner of the 1949 Triple Crown, became the first horse to pass the $1 million mark in career earnings by winning the Hollywood Gold Cup, after which the colt was retired. Citation raced 45 times, won $1,085,760--- and finished out of the money only once.
    1955 - The film version of “Mister Roberts”, starring Henry Fonda and James Cagney, opened in New York. Jack Lemmon later won the Academy Award for Best Supporting Actor, and the movie received a nomination for Best Picture.
    1955 - Top Hits
“Rock Around the Clock” - Bill Haley & His Comets
“Learnin’ the Blues” - Frank Sinatra
“Hard to Get” - Giselle Mackenzie
“A Satisfied Mind” - Porter Wagoner
    1957 - On CBS radio, comedian Stan Freberg presented a new weekly comedy program. Though Freberg was well known for certain radio commercials, he was a late comer to the radio program race. Television was blamed for the short life of “The Stan Freberg Show”.
    1957 – Bill “Moose” Skowron of the Yankees hit a major league-record second pinch grand slam of the season, off Jim Wilson of the White Sox, in the second game of a doubleheader. Skowron's hit comes in the 9th as the Yanks score six runs to win, 6 - 4.
    1960 - No. 1 Billboard Pop Hit: "I'm Sorry," Brenda Lee.
    1962 - Bobby Vinton’s “Roses are Red” became the top song in the U.S. The song stayed at the top for four weeks and was the first of four #1 hits for Vinton. The others were: “Blue Velvet”, “There! I’ve Said It Again”, and “Mr. Lonely”. “Roses are Red” was also Vinton’s first million-seller. He had two others: “I Love How You Love Me” (#9 in 1968) and “My Melody of Love” (#3 in 1974.)
    1963 - Top Hits
“Easier Said Than Done” - The Essex
“Surf City” - Jan & Dean
“Tie Me Kangaroo Down, Sport” - Rolf Harris
“Act Naturally” - Buck Owens
    1964 - The Rolling Stones score their first #1 hit in the UK with their cover of Bobby Womack's "It's All Over Now."
    1965 - The American space probe Mariner 4 flew by Mars, sending back photographs of the planet.
    1966 - Eight student nurses were murdered by Richard Speck in a Chicago dormitory.
    1967 - Eddie Mathews of the Houston Astros hit the 500th home run of his career off Juan Marichal of the San Francisco Giants. Houston beat the Giants, 8-6. Mathews played in the majors from 1952 through 1968, mostly with the Milwaukee Braves, and finished with 512 homers.
    1967 - Steve Miller Blues Band and The Sunshine Company concert at California Hall in San Francisco.
    1967 - The Who begins its first U.S. tour, opening for Herman's Hermits.
    1968 - Henry Aaron of the Atlanta Braves hit the 500th home run of his career, connecting off lefthander Mike McCormick of the San Francisco Giants. Aaron ended his career as baseball’s home run champ (and still is) with 755 round trippers to his credit.
    1968 - Bill Graham leaves the Fillmore Auditorium in San Francisco to take over the Carousel Ballroom. Electric Flag and Blue Cheer closed out performances at the Fillmore at Geary & Fillmore streets.
    1969 – The US officially withdraws from circulation the $500, $1,000, $$5,000, and $10,000 bills.
    1970 - In the 12th inning of the All-Star Game, Pete Rose bowled over C Ray Fosse at the plate to score the deciding run on Jim Hickman’s single in an exciting 5 - 4 National League win at Riverfront Stadium in Cincinnati. Fosse, who never had the ball, hurt his right shoulder and was taken to the hospital; the Indians’ catcher entertained "Charlie Hustle" as a dinner guest the previous night.   Fosse’s career was never the same after the vicious collision.
    1971 - Top Hits
“It’s Too Late/I Feel the Earth Move” – Carole King
“Indian Reservation” – Raiders
“You’ve Got a Friend” – James Taylor
“When You’re Hot, You’re Hot” – Jerry Reed
    1973 – The Everly Brothers break up during mid-performance at a show at Knott’s Berry Farm in Anaheim, California as Phil storms off the stage, vowing never to sing with his brother again. They much later get back together, as middle-age singers, joining Paul Simon on tour.  Simon says he and Garfunkle were imitating their favorite group: the Everly Brothers.
    1976 – The Democratic National Convention nominated Jimmy Carter for the presidency on the first ballot. The next day, Sen. Walter F. Mondale of Minnesota was nominated for the vice presidency. On November 2 he beat incumbent president Gerald Ford 40,828,929 to 39,148,940. He received 297 electoral votes to Ford’s 240. The Democrats kept a 2-1 Senate majority, 61-38, with one seat going to an independent, and a House majority of 292-143.
    1979 – “Bad Girls” by Donna Summer topped the charts and stayed there for 5 weeks.
“Bad girls
Talking about the sad girls
Sad girls
Talking about bad girls, yeah
See them out on the street at night, walkin’
Picking up on all kinds of strangers
If the price is right
You can’t score if you’re pocket’s tight
But you want a good time
You ask yourself who they are
Like everybody else
They come from near and far
Bad girls, yeah
Bad girls
Talking about the sad girls, yeah
Sad girls
Talking about bad girls, yeah
Friday night and the strip is hot
Sun’s gone down and they’re out to trot
Spirit’s high and legs look hot
Do you wanna get down
Now don’t you ask yourself who they are
Like everybody else, they wanna be a star
Bad girl
Sad girl, you’re such a naughty bad girl
Beep-Beep, uh-uh
You bad girl you sad girl
Your such a dirty bad girl
Beep-Beep, uh-uh
Now you and me we’re both the same
But you call yourself by different names
Now your mama won’t like it when she finds out
That her girl is out at night
Hey, Mister, have you got a dime
Mister, do you want to spent some time
Oh, yeah
I got what you want, you got what I need
I’ll be your baby, come and spend it on me
Hey, Mister
I’ll spend some time with you.”
    1979 - Top Hits
“Ring My Bell” – Anita Ward
“Bad Girls” – Donna Summer
“Chuck E.’s in Love” – Rickie Lee Jones
“Amanda” – Waylon Jennings
    1981 – When the All-Star Game was postponed due to a players strike that had lasted 33 days so far, about 15,000 fans showed up to boo the players, who were not there. The 52nd All-Star classic would not be held until August 9th, and would take place at the Cleveland Municipal Stadium.
    1985 – Baltimore clinched their second consecutive United States Football League championship when they defeated Oakland 28-24. The game was also the last of the league’s spring schedule. All 14 teams totaled losses estimated at $63 million. When team owners refused to tally up any more financial losses, the USFL faded away. Plans for the league to resume in the fall of 1986 were never brought up.
    1987 - The BBWAA voted to rename the Rookie of the Year Award in honor of Jackie Robinson, who broke baseball's color barrier on the way to winning the first Rookie of the Year Award in 1947.    
    1987 – The second-longest All-Star Game in history took 3 hours, 39 minutes and 13 innings for the National League to defeat the American League in a 2-0 shutout. The game was played at the Oakland-Alameda County Coliseum in Oakland, California.
    1987 – The Directors Guild of America initiated a strike in Hollywood, California, against Warner Brothers and Columbia Pictures at 6:00 a.m. At 6:05 a.m. on the same day, a film and television contract of agreement was reached, putting an end to the shortest strike in Hollywood history.
    1987 - Top Hits
“I Wanna Dance with Somebody (Who Loves Me)” – Whitney Houston
“Shakedown” – Bob Seger
“Songbird” – Kenny G
“All My Ex’s Live in Texas” – George Strait
    1988 – Phillies’ 3B Mike Schmidt hit his 537th career HR, passing Mickey Mantle for 7th all-time.
    1989 - "Judge Judy" Sheindlin, not yet a TV star and still a Family Court judge in New York, orders singer Tom Jones to pay $200 weekly in child support to model Katherine Berkery.
    1992 – 386BSD is released by Lynne and William Jolitz beginning the Open Source Operating System Revolution. Linus Torvalds releases his Linux soon afterwards.
    1993 - The U.S. Postal Service releases stamps honoring four Broadway musicals. The 29-cent stamps feature scenes from "My Fair Lady," "Porgy and Bess," "Show Boat" and "Oklahoma!" and are issued in first day ceremonies in New York's Times Square.
    1995 - Big heat wave in the central and eastern U.S. with all-time highs at Chicago/Midway with 106, La Crosse, WI with 108, Boston, MA, Burlington, VT both hit 100 F, South Bend, IN at 100 and Toledo, OH at 104.
    1999 - Race-based school busing in Boston ended after 25 years.
    1999 - Major league baseball umpires voted to resign and not work the final month of the season.
    2000 - A report presented to owners, “The Commissioner's Initiative: Women and Baseball”, finds women make up 46 percent of the average crowd at a big league game and urges major league franchises to make more of an effort to market to women patrons. According to the same report forty-three percent of women could not name a player on their home team's roster.
    2003 - In an effort to discredit U.S. Ambassador Joseph C. Wilson, who had written an article critical of the 2003 invasion of Iraq, Washington Post columnist Robert Novak reveals that Wilson's wife Valerie Plame, is a CIA "operative", citing two Bush administration officials.
    2004 - The Senate voted 50-48 against a constitutional amendment banning gay marriage.
    2005 - Defeating their historical arch rivals, the Giants become the first team to win 10,000 games as a franchise by edging the Dodgers in Los Angeles, 4-3. The Giants, who started as the New York Gothams in 1883, have won 10,184 games, still the most in Major League history.  They have won 22 National League pennants and appeared in 19 World Series, both NL records.  The Giants' 7 World Series Championships rank second in the National League to the St. Louis Cardinals’ 11, and fifth overall behind the New York Yankees’ 27, St. Louis Cardinals’ 11,  Oakland/Philadelphia Athletics’ 9, and the Boston Red Sox’ 8.
    2005 - The first-known baseball card, which is part of a children's educational game, illustrates several boys playing together in a field as one pitches a ball to another holding a bat, makes its public debut at the Smithsonian Institution. The discovery of the historic card, which was discovered in an attic in Maine, dates to the early 19th century and predates other known cards by several decades.



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