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
|
Wednesday, July 22, 2015
Today's Equipment Leasing Headlines
Feds Approve CIT Acquiring OneWest Bank
Increases CIT Assets to $70 Billion
CIT Declares Quarterly Dividend
To Shareholders of Record August 28, 2015
Park Western Leasing
Joins the Leasing News Story Credit Lessor List
California SB 197 Will Change Small Ticket Leasing
Final Amendment Going to Consent Calendar
Key Finance Escapes Lender Liability Claim
By Tom McCurnin, Leasing News Legal Editor
Leasing Industry Ads---Help Wanted
Ascentium Feds/NEC Equipment Finance/Umpqua Bank
Sales Make it Happen by Steve Chriest
The New Sales Professional
Free One Hour ELFF Webcast Today
Wednesday, July 15, 1pm EDT
China to Become Largest Leasing Market Next Year
Predicts $804.6 Billion
The Alta Group Unveils ExpertAccess
A Subscription Asset Management Program
Ant-Man/Trainwreck
Clouds of Sils Maria/Salt of the Earth/Black Stallion
Film/Digital Reviews by Fernando Croce
Labrador Retriever Mix
Berkeley Heights, New Jersey Adopt-a-Dog
Leasing News Classified Ads
Collector/Collections/Consultant/Communications
News Briefs---
Fed to Allow GE Capital Time to Complete Divestitures
Rule for GE finance unit would delay certain requirements to 2018
Bank of the West: Remain Calm and Carry On
Chief Economist Scott Anderson Report
Citigroup Ordered to Refund $700 Million in Credit-Card Case
Latest Multimillion Dollar Settlement
Apple reports record earnings for recent quarter
Third Fiscal Quarter $10.7 Billion
iPhone Sales Disappoint Wall Street
Guess is Sold 50% Less than Original Projection
Jerry Brown’s climate warning:
‘We are talking about extinction’
Broker/Funder/Industry Lists | Features (writer's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months
www.leasingcomplaints.com (Be Careful of Doing Business)
www.evergreenleasingnews.org
Leasing News Icon for Android Mobile Device
You May have Missed---
SparkPeople--Live Healthier and Longer
Poem
Sports Briefs---
California Nuts Brief---
"Gimme that Wine"
This Day in American History
SuDoku
Daily Puzzle
GasBuddy
Weather, USA or specific area
Traffic Live----
######## surrounding the article denotes it is a “press release”
and was not written by Leasing News nor information verified, but from the source noted. When an article is signed by the writer, it is considered a “by line.” It reflects the opinion and research of the writer.
Please send a copy of Leasing News to a colleague and ask them
to subscribe. It’s easy. All they have to do is put “subscribe” in
the subject line and email: kitmenkin@leasingnews.org
[headlines]
--------------------------------------------------------------
Feds Approve CIT Acquiring OneWest Bank
Increases CIT Assets to $70 Billion
CIT Group, Livingston, New Jersey, is on a rebound as the Federal Reserve Board approved its acquisition of OneWest Bank, Pasadena, California for $3.4 billion. OneWest Bank has 73 branches in Los Angeles and Southern California.
- CIT Bank increases its size, according to the report, to $69.7 billion (1).
- Adds $14.1 billion of deposits, including over $2 billion of commercial deposits
- Reduces CIT’s cost of deposits from 1.6% to ~1.2% and overall cost of funds from 3.3% to ~2
In addition to the Federal Reserve Board approval, the Office of the Comptroller of the Currency (OCC) and all required state regulators agreed to the acquisition of OneWest Bank and its parent company, IMB Holdco LLC. The transaction is expected to close on August 3, 2015, subject to the satisfaction of remaining closing conditions.
CIT Chairman and CEO John A. Thain had predicted the OneWest Transaction would be completed in the middle of the year, in fact close to its actual date of taking over management of 250 employees of Direct Capital, Portsmouth, New Hampshire, a leader in the small ticket finance and leasing marketplace.
"We are pleased to receive regulatory approval as we look to complete our acquisition of OneWest Bank’” Thain said upon hearing the good news. "We welcome OneWest employees to CIT and we look forward to working with them to meet the needs of small and middle market businesses, the transportation industry, real estate sector and our retail bank customers.”
The Federal Reserve report summarizes opposition to the acquisition regarding the fear of loss of involvement in the community. There were also many commenters who supported the proposal, including
Leasing News, who took an editorial stand.
(1) Feds Approve CIT Acquiring OneWest Bank (42 pages)
http://www.leasingnews.org/PDF/Feds%20ApproveCIT2015.pdf
[headlines]
--------------------------------------------------------------
### Press Release ###########################
CIT Declares Quarterly Dividend
To Shareholders of Record August 28, 2015
NEW YORK----CIT Group Inc. (NYSE:CIT), a leading provider of commercial lending and leasing services, today announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per common share on its outstanding common stock. The common stock dividend is payable on August 14, 2015 to common shareholders of record as of August 28, 2015.
About CIT
Founded in 1908, CIT (NYSE: CIT) is a financial holding company with more than $35 billion in financing and leasing assets. It provides financing, leasing and advisory services principally to middle market companies across more than 30 industries primarily in North America, as well as equipment financing and leasing solutions to the transportation industry worldwide. Its U.S. commercial bank subsidiary, CIT Bank (Member FDIC) BankOnCIT.com, offers a variety of savings options designed to help customers achieve their financial goals. cit.com
[headlines]
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Joins the Leasing News Story Credit Lessor List
|
28 |
Western US |
$10,000 -$1 Million
Avg: $30,000 -$250,000 |
Y |
N |
Y |
N |
Y |
A -Accepts Broker Business | B -Requires Broker be Licensed | C -Sub-Broker Program| D -"Private label Program" | E - Also "in house" salesmen
Footnote:
PWL is a direct lessor for new and used construction and transportation equipment along with most hard commercial assets. We do not have an application only program, but we are happy to preview any deal with an application, invoice, and CBR to assess probability of funding. Please contact John Leber, if you would like to know more about our program at 480-831-6561
Full List:
http://www.leasingnews.org/Story_Credit/Story_Credit.htm
(Leasing News provides this ad as a trade for appraisals and
equipment valuations provided by Ed Castagna)
[headlines]
--------------------------------------------------------------
California SB 197 Will Change Small Ticket Leasing
Final Amendment, Going to Consent Calendar
California SB 197 was amended again, and it seems complete, as it has been sent to the consent calendar on a vote of 16 aye without a no.
It basically now only requires a finance lender to keep records of compensation paid to unlicensed person and companies on borrowers it has considered from an unlicensed person or company for a period of four years. Before, it required all prospective commercial borrowers to keep records and so report. (1)
The other amendment spells out: "A licensee that is a finance lender shall provide a prospective borrower who has been referred by an unlicensed person or company the following written statement, in 10-point font or larger, at the time the licensee receives an application for a commercial loan, and shall request the prospective borrower to acknowledge receipt of the statement in writing:"
This remains the same:
“You have been referred to us by [Name of Unlicensed Person or Company]. If you are approved for the loan, we may pay a fee to [Name of Unlicensed Person or Company] for the successful referral. If you wish to report a complaint about this loan transaction, you may contact the Department of Business Oversight, Division of Corporations at 1-866-ASK-CORP (1-866-275-2677), or file your complaint online at www.dbo.ca.gov.”
http://leginfo.legislature.ca.gov/faces/billVersions
CompareClient.xhtml?bill_id=201520160SB197
[headlines]
--------------------------------------------------------------
Leasing Industry Ads---Help Wanted
Ascentium Capital/NEC Equipment Finance/Umpqua Bank
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
|
Experienced Sales Manager
Central Region
Develop/maintain relationships with NEC Dealers and Resellers.
Meet with potential large customers to
structure new lease
and financial service opportunities.
Full job description and application here
www.necam.com
A leading provider of innovative IT, biometrics, network, and
communications products and solutions for service carriers and
Fortune 1000 and SMB businesses across multiple vertical industries,
including healthcare, government, education, and hospitality.
|
For information on placing a help wanted ad, please click here:
http://www.leasingnews.org/Classified/Hwanted/Hwanted-post.htm
Please see our Job Wanted section for possible new employees.
[headlines]
--------------------------------------------------------------
Key Finance Escapes Lender Liability Claim
By Tom McCurnin
Leasing News Legal Editor
In re Citrus Tower Boulevard Case No. 14-05105 (N.D. Georgia 2014).
“Harry Callahan: Well, I just work for the city, Briggs!
Lieutenant Briggs: So do I, longer than you, and I never had to take my gun out of its holster once. I'm proud of that.
Harry Callahan: Well, you're a good man, lieutenant. A good man always knows his limitations...” Magnum Force, 1973.
Today’s case involves a personal property equipment lessor making a construction loan for construction costs, build-outs, and tenant improvements to the tune of well over $6 million dollars. The problem stems from the fact that allegedly much of the loan proceeds were kickbacks to the borrower’s principal, and were not properly underwritten, investigated, verified, or documented.
The other problem is a creative Debtor which made odd, contradictory allegations against the equipment lessor relative to those disbursements.
Thankfully, the court got it right, and dismissed the lawsuit, but left a small loophole for the lessee to litigate the amount of the lessor’s claim, which still has the potential to be reduced. The facts follow.
Citrus Tower was a single purpose entity formed to operate an MRI Center. As any lessor that does medical equipment, the MRI devices and the resulting build-outs and tenant improvements are expensive. In 2008, Key Finance agreed to finance the construction and equipment costs through a “lease.”
Key made the construction cost disbursements through the managing member of the Debtor. Unless I have misread the opinion, the MRI center was actually built and was functioning as of 2010. The MRI center went out of business in 2013, and the physical assets sold and the net proceeds disbursed to Key Finance. From their unsecured claim, Key Finance is still owed, round numbers, $5.5 million.
The Debtor commenced an Adversary Proceeding, essentially a lawsuit against Key Finance based on the allegations that Key authorized the disbursement of several million dollars of construction proceeds to a shell corporation owned by the managing member of Citrus, who absconded with the money. While the allegations were not disputed by Key Finance, Key pointed out several factors which to me seemed to convince the court to dismiss the lawsuit:
• The MRI Center was actually fully built as of 2010, so the allegations of improper disbursements seemed irrelevant.
• Citrus Tower signed a release in a forbearance agreement with Key Financial.
• The Managing Member, who requested the disbursements, was authorized by the corporation to do so, in his capacity as the managing member.
The Bankruptcy Court held that the lawsuit against Key Finance should be dismissed. However, the Court allowed Citrus to assert the claims in the context of claims litigation, whereby Key Finance’s $5.5 million dollar claim could be reduced or barred.
At least in my judgment, the Court got the issue right. While the Court allowed the Debtor a small loophole to crawl through, I think it is unlikely that Key Finance’s Claim will be reduced. At least for me the key point was that the MRI Center was actually completed. What the managing member did with the money is largely irrelevant if the center was completed. Of course, the fact that the managing member was specifically authorized in his capacity of managing member certainly did not escape the Court. The Debtor has appealed the decision.
What are the lessons here for the equipment lessor, and in this case, a lessor acting as a construction lender?
First, as a banking lawyer, I have handled many construction loans. Most banks will not handle the disbursements themselves—it is a specialty and prone to mistakes, like the ones made here. Instead, most banks use disbursement agents who make sure that the disbursements are going to the actual vendors and contractors on the debtor’s project. In addition, the disbursing agent verifies that the work related to the disbursement was actually completed. Finally, the agent obtains photos and lien releases for the work and makes sure the disbursements relate to a specific budget line item. The lessor did none of this, and was obviously unfamiliar with the process, allowing the debtor to siphon off substantial monies. This should not have happened if properly disbursed.
Second, assuming the lender actually wants to undertake the role of construction proceeds disburser, the lender’s staff should be fully trained to actually verify that the disbursements end up being used in the project. Here, it was quite uncertain what happened to the money, although the center was ultimately completed.
Third, although the lender obtained a release in the forbearance agreement, the language was a little squishy and subject to a couple of different interpretations. I always insist for an absolute unconditional release of everything which pre-dates the forbearance agreement.
The bottom line to this case is that the equipment lessor and construction lender got out of a lender liability suit for all the right reasons, but had it retained a third party construction proceeds disbursing agent, there probably would have been no lawsuit filed. As Dirty Harry once said, “A man’s got to know his limitations.”
Citrus Complaint (23 pages)
http://www.leasingnews.org/PDF/CitrusComplaint2015.pdf
Citrus Decision (3 pages)
http://www.leasingnews.org/PDF/CitrusDecision2015.pdf
Citrus Motion to Dismiss (21 pages)
http://www.leasingnews.org/PDF/CitrusMotionDismiss2015.pdf
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
Email: tmccurnin@bkolaw.com
Visit our web site at www.bkolaw.com
Previous Tom McCurnin Articles:
http://www.leasingnews.org
Previous Tom McCurnin Articles:
http://www.leasingnews.org/Conscious-Top%20Stories/leasing_cases.html
[headlines]
--------------------------------------------------------------
Sales Make it Happen
By Steve Chriest
The New Sales Professional
Most companies expect their sales teams to identify prospects, provide product or service information, and persuade buyers to purchase. So, why pay to staff a marketing department? Isn't it the marketing department's job to identify bona fide prospects, build interest in the company's products or services, and generate sales?
The primary task of marketing in any organization is to know the customer so intimately that when she is exposed to the company's product or service, she immediately sees that it fits what she wants, and is willing to explore a purchase. If the marketing department, in the business-to-business sales world, does its job and fills a company's sales funnel with prospects and customers who are ready to buy, the role of the salesperson will change. No longer responsible for demand creation, the salesperson's role will evolve from persuader to facilitator, and with that evolution will come increased responsibilities and accountabilities.
Instead of selling, in the traditional sense, the new sales professional will manage expanded activities as an agent for both the company and the customer. These expanded activities will include interfacing with internal departments that impact the customer's purchasing experience, negotiating agreements that benefit all parties, and listening for opportunities to tailor products and services to customers' current and future needs. As the customer's agent, consultant, advisor and voice, the salesperson will work with the company and help figure out how to create and deliver what satisfies customers and keeps them loyal for as long as possible.
The expanded role of professional salespeople will make them increasingly more important in the company's revenue generation process. As the role of the salesperson evolves from persuader to facilitator, everyone benefits. The company is able to provide products and services that satisfy customer wants and needs, the customer gets what she wants when she wants it, and the sales professional enjoys enhanced status in the eyes of the customer and the company.
It's a great time to be a professional salesperson. If you remain in the game, you'll have an opportunity, soon, to grow your skills to levels you might not have previously imagined. Those skills will be valued by employers even more tomorrow than they are today, and one day you will be recognized, evaluated and compensated for your ability to drive customer satisfaction and retention.
Steve Chriest is the CEO of Open Advance and author of “Selling to the E-Suite, The Proven System for Reaching and Selling Senior Executives” and “Business Acumen 101.” He recently re-named his company from Selling-Up. He produces video and radio blogs, as well as continuing as a columnist for Leasing News.
Steve Chriest, CEO
Open Advance, Inc.
3201 Danville Blvd, Suite 185
Alamo, CA 94507
http://openadvance.com/
schriest@openadvance.com
(925) 263-2702 (Office)
(925) 570-5459 (Cell)
http://twitter.com/stevechriest
Sales Makes It Happen Articles:
http://www.leasingnews.org/Legacy/index.html
[headlines]
--------------------------------------------------------------
Free One Hour ELFF Webcast Today
Wednesday, July 15, 1 p.m. EDT
The Equipment Leasing and Finance Foundation findings and how to utilize the Q3 Economic Outlook Forecasts 5% Growth in Equipment and Software Investment as Second Half of 2015 Improves.
To register, email Foundation@LeaseFoundation.org
Here is more about the report:
http://leasingnews.org/archives/Jul2015/7_14.htm#q3
[headlines]
--------------------------------------------------------------
China to Become Largest Leasing Market Next Year
Predicts $804.6 Billion
The China Financial Leasing Association reports China will become the world's largest financial leasing market in 2015, expecting to hit $804.6 billion.
The association reports the number of financial leasing firms surged nearly 45% during the first half of this year to 3,185, and the sector is expected to maintain an annual growth rate of 30% during the next five years.
Popular is "sale-leasebacks," which they call the practice of renting assets sold earlier to obtain financing.
The Second Global Leasing Industry Forum will be held September 24-25, 2015, Tianjin, China. The New Finance Union, China, reports, "Most of the outstanding CEOs of leasing companies from China and abroad will attend this forum to share their rich experience in the leasing industry so as to promote the competitiveness of the leasing industry in the international."
Registration for qualified individuals (senior management positions) "from mature market leasing companies outside of China will not be charged any registration fees. Eligibility for complimentary registration will be determined by the organizers upon receipt of registration details.
THE ATTENDEES
The conference will primarily be geared to attract a large number of senior Chinese leasing executives eager to learn and to pursue business opportunities. Vendors, service providers and government officials from China will also be in attendance. This will provide overseas attendees with many windows of opportunity.
Amembal & Halladay (AH) is the co-organizer of the conference. AH will advise NFU on the agenda and be responsible for inviting leading lease practitioners from overseas. Mr. Sudhir Amembal, CEO of AH, will co-chair the event and will moderate the CEO panel.
SYNOPSIS OF LAST YEAR’S CONFERENCE
The first annual conference was a sell-out, attended by close to 400 individuals including leasing professionals, bankers, service providers and government officials. Speakers from leading Chinese leasing companies focused on the status of the industry along with its challenges and opportunities. Overseas speakers – comprised of senior executives from leading leasing companies from the U.S.A., Europe, and South America presented a host of topics geared primarily towards taking the Chines leasing market to the next level.
For registration details, please contact Kelly Farnham at kelly@amembalandhalladay.com.
[headlines]
--------------------------------------------------------------
#### Press Release #############################
The Alta Group Unveils ExpertAccess
A Subscription Asset Management Program
ExpertAccess Provides Tailored Services
RENO, Nev.,– Equipment leasing and finance businesses can tap into an array of expert asset management services with The Alta Group’s new ExpertAccess program, CEO John C. Deane announced today. Deane said nearly a dozen companies already subscribe to the program, which is gaining momentum.
Alta’s ExpertAccess team is headed by Carl C. Chrappa, an Alta senior managing director who is accredited by ASA, MRICS and IFA. He is well known in the industry for his experience in equipment trading, appraisals, litigation support, portfolio valuations and equipment management. Chrappa said companies participating in ExpertAccess appreciate the breadth and depth of resources available, along with the ability to establish and manage to a budget based on their needs.
Carl C. Chrappa
Alta Senior Managing Director
“As part of ExpertAccess we can design a program that meets each individual
company’s specific tactical and strategic needs, creating a virtual asset management department for a business or augmenting the resources of its existing asset management department,” Chrappa noted. The program includes:
- Opinion letters for current or future equipment value
- Fair market value (FMV) letter verification
- Industry research and data
- Verbal opinions for bidding purposes
Select additional services at discounted fees, including inspections and appraisals, USPAP appraisal reports, remarketing/auction services, market studies, expert witness services and due diligence support.
ExpertAccess is available in the United States and Canada, and will soon be offered in Europe and Latin America. For more information on ExpertAccess and Alta’s asset management consulting services contact: (US and Canada) Carl Chrappa at +1 727 796 7733, cchrappa@thealtagroup.com; (Europe) Ian Robertson at +41 791 530 155 , ian.robertson@invigors.com; (Latin America) Juan Dodds at +54 911 5327 0583 (Argentina), +1 239 344 7944 (US), jdodds@thealtagroup.com.
About The Alta Group
The Alta Group is the leading global consultancy dedicated exclusively to the business of equipment leasing and asset finance. Since 1992, Alta has represented equipment leasing and finance companies, financial institutions, manufacturers and service providers, offering management consulting and expertise in global market entry, vendor and captive finance, professional development, legal services, asset management, mergers and acquisitions, and application consulting. For information on the group’s services in the United States and Canada, Latin America, Europe, the Middle East and Africa, China, and Asia-Pacific, visit http://www.thealtagroup.com, or visit http://tinyurl.com/altaassetmanagement to learn about Alta’s Asset Management Practice.
[headlines]
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Fernando's View
By Fernando F. Croce
Playful comic-book action ("Ant-Man") and raunchy and sentimental comedy ("Trainwreck") come to theaters, while DVD releases offer an incisive drama ("Clouds of Sils Maria"), an Oscar-nominated documentary ("The Salt of the Earth"), and the visual splendors of "The Black Stallion."
In Theaters:
Ant-Man (Walt Disney Studios): The Marvel superhero juggernaut adds one more crime fighter to its cinematic catalogue in this engaging action-comedy, which has a lightness of touch often missing from the more heavily advertised blockbusters. The story centers on cat burglar Scott Lang (Paul Rudd), who stumbles onto a top-secret experiment conducted by Hank Pym (Michael Douglas) and finds himself shrunk to the size of an insect. With Lang by his side, Pym hopes to steal back his discoveries from former protégé Darren Cross (Corey Stoll) before the miniaturizing suit can be used for dastardly ends. Can the larcenous scalawag find it in himself to become a hero smaller than a thumb? Directed by Peyton Reed ("Down with Love"), the movie benefits greatly from a sense of playfulness that brings it closer to "Guardians of the Galaxy" than to "The Avengers."
Trainwreck (Universal Pictures): A staple for brassy humor for years, stand-up comic Amy Schumer gets her first starring role in this romantic comedy from director Judd Apatow ("Knocked Up"). Schumar stars as Amy, a magazine writer who, raised by a commitment-hating father, cheerfully navigates her way from one date to the next. Her dislike of serious relationships, however, is tested once she meets Aaron (Bill Hader), a successful and appealing sports doctor who wants to extend their romance beyond a simple one-night stand. Coupled with advice from her married sister (Brie Larson), this brush with potential true love causes Amy to contemplate her carefree life. Combining Schumer's yen for provocative observational laughter and Apatow's knack for improvisation, the film's mix of raunchiness and sentiment should satisfy fans of both star and director.
Netflix Tip: Best known to audiences as a Las Vegas mobster in "The Godfather," Alex Rocco (1936-2015) was a prolific, engagingly salty character actor. So check out some of his other roles, which include "The Friends of Eddie Coyle" (1973), "The Stunt Man" (1980), and "Find Me Guilty" (2006). |
On DVD:
Clouds of Sils Maria (Paramount): French art-house doyenne Juliette Binoche and rising American starlet Kristen Stewart make an unlikely yet striking duo in this compelling drama from director Olivier Assayas ("Irma Vep"). Binoche stars as Maria Enders, an acclaimed international actress who finds herself facing an emotional crisis as she agrees to perform in the play that made her famous decades earlier. Hoping to get away from her professional as well as personal demands, she departs for an isolated chalet in the Alps, accompanied by her young assistant Valentine (Stewart). As they rehearse for the play and find out more about the up-and-coming co-star (Chloe Grace Moretz), the more Maria is made to confront her past insecurities. At times playing like a new-millennium update of the classic "All About Eve," Assayas' movie abounds in fluid filmmaking and incisive acting. With subtitles.
The Salt of the Earth (Sony Pictures Classics): German filmmaker Wim Wenders ("Wings of Desire") is always traveling the world searching for fascinating subjects, and for his new, Oscar-nominated documentary, he pays poignant tribute to acclaimed Brazilian photographer Sebastião Salgado. Originally an economics major who took an interest in photojournalism following travels to Africa, Salgado developed a striking visual style that combined an interest in cultural roots with people's relationship to nature. That style is amply sampled throughout the film, which also includes many insightful interviews about his departure from Brazil during the country's military dictatorship. Co-directed by Salgado's son Juliano, Wenders' film captures an artist's journeys with a heartening message of hope. With subtitles.
The Black Stallion (Criterion): The greatest fables evoke a palpable feeling of childlike wonder, and that’s precisely what this gorgeous 1979 classic does. Set soon after the end of World War II, the simple yet entrancing story focuses on the bond that grows between ten-year-old Alec (Kelly Reno) and the mysterious black stallion he meets while aboard a ship. Their paths are intertwined when tragedy leaves them stranded on a desert island, a friendship that continues once they’re rescued. Back home they meet once-famous trainer Dailey (Mickey Rooney), who helps Alec become a jockey and compete against some of the world’s fastest horses. Making his feature debut, director Carroll Ballard creates an atmosphere of magical beauty and poignancy, filled with sometimes wordless sequences that mesmerize with their delicate visual poetry.
--------------------------------------------------------------
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--------------------------------------------------------------
Collector/Collections/Consultant/Communications
Collector: Atlanta, GA
Asset Recovery Specialist. We get your money or we get your > equipment back for you. Physical Asset Recovery Experts!
E-mail: mcrouse911@joimail.com |
Collector: Cleveland, OH
Huntley Capital & Associates is your solution to late payments, no payments, and asset recovery. Call 216-337-7075.
Email: ghpatey@msn.com
|
Collections: Dallas, Texas
Contingency Fee basis. Receivables Outsourcing. We are a fully bonded nationwide licensed agency. We collect for nationally known banks and leasing companies.
800-886-8088. |
Collector: Los Angeles, CA
Expert skiptracers covering Southern California. We locate skips, judgment debtors and collateral. When you can't get the job done in house, give us a call at
1-800-778-0794.
E-mail: ceo@interagencyLA.com |
Collector: Louisville, KY
We are a full service collection agency with attorney network. 21 years experience. Please call Jon Floyd, VP at 1-800-264-6850
email: jfloyd@collectcsg.com |
Collector: Louisville, KY
Euler Hermes/UMA 92 year old Global Receivables Outsourcing. Presence in 143 Countries. Work w/ 4 out of 5 Fortune 500 firms. Contingency Fee Structure.
20% off first time clients.!
Andrew.Newton@eulerhermes.com
1-800-237-9386 x 205. |
|
Collector: Milwaukee, WI
We specialize in ATM machine reposession and remarketing. We can get you top dollar for your inventory.
E-mail: bdperry1@yahoo.com
|
Collector: Nationwide
End of lease negotiations & enforcement. Third-party collections. Skip-tracing. Background checks. Credit & asset investigations. 15+ years in leasing industry. Providing services to clients nationwide.
800-824-0234
johnkenny2@verizon.net |
Collector: Saint Louis, MO
Complete commercial collection agency. Licensed bonded in all states and will out performed any other agency!
Call 1-800-659-7199 ext.315
E-mail:
jfloyd@lindquistandtrudeau.com |
Consultant: Nationwide
25 yrs. experience: Creating/Refining Business Plans to raise capital· Credit Underwriting support/policy/procedure development · Operations Support/policy/procedure development.
Call: 610-246-2178, McCarthy Financial, LLC,
David.mccarthy@mccarthy-financial.com |
Consultant: Burlington, CT
We provide our clients with a full range of consulting services such as portfolio conversions, reconciliation, custom programming and leasing operations utilizing InfoLease.
Email: info@new-millennium-assoc.com |
Consultant: Europe
15 years doing deals/running own technology leasing company – looking to advise/ lead new entrants to take advantage the European market opportunity.
www.clearcape.co.uk or
kevin.kennedy@clearcape.co.uk
|
Consultant: Henderson, NV
Focus on new business development and process efficiencies to create incremental revenue and profitability. Executive level vendor experience, and satisfied outsourcing clients. Incredible track record.
E-mail: rbutzek@cox.net |
Consultant: Sausalito, CA
Lease trainer and consultant. 50 years in equipment leasing. Expert in transaction analysis, financial statement analysis, credit, packaging, structuring. Presents highly popular classes and workshops.
E-mail:BoTei@aol.com |
Consultant: North of Detroit, MI
INFOLEASE EXPERT - 18 years experience. Since being downsized in 2002, working as a consultant for several leasing companies. Seeking consulting projects nationwide.
E-mail: darwint@prodigy.net |
Consultant: Ridgefield CT.
Lisa Lersner w/20 years exp. specializing in leasing technology now providinglessor selection andmanagement services, includingthe securing of debt and equity and acquisition guidance services.
Email
www.leasefinanceconsulting.com |
|
Communications:Chassell, MI
Cartoons on business, finance & computers. Use for your presentations, website, newletter, direct |
mail projects etc. Fees are negotiable.
Email: dan@danscartoons.com
www.danscartoons.com
|
|
(Please click on ad to learn more)
(Leasing News provides this ad “gratis” as a means
to help support the growth of Lease Police)
[headlines]
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News Briefs----
Fed to Allow GE Capital Time to Complete Divestitures
Rule for GE finance unit would delay certain requirements to 2018
http://www.wsj.com/articles/fed-to-allow-ge-capital-time-to-complete-divestitures-1437410473
Bank of the West: Remain Calm and Carry On
http://blog.bankofthewest.com/wp-content/uploads/2015/07/BankoftheWest_USOutlook_07_17_15.pdf
Citigroup Ordered to Refund $700 Million in Credit-Card Case
http://www.nytimes.com/2015/07/22/business/dealbook/citigroup-must-refund-700-million-in-credit-case.html?ref=business
Apple reports record earnings for recent quarter
http://www.mercurynews.com/business/ci_28517574/apple-reports-record-earnings-recent-quarter
iPhone Sales Disappoint Wall Street
http://www.nytimes.com/2015/07/22/technology/apple-earnings-q3.html?ref=business
Jerry Brown’s climate warning:‘We are talking about extinction’
http://www.sacbee.com/news/politics-government/capitol-alert/article27998554.html
[headlines]
--------------------------------------------------------------
--You May Have Missed It
Turns out the McDonald’s secret menu is real
— here’s what happens when you try to order off of it
http://www.businessinsider.com/mcdonalds-employee-confirms-secret-menu-scotland-reddit-2015-7
[headlines]
--------------------------------------------------------------
SparkPeople--Live Healthier and Longer
Exercises to Boost Your Brain Power
Strengthen Your Mind with These Healthy Habits
http://www.sparkpeople.com/resource/wellness_articles.asp?id=1623
[headlines]
--------------------------------------------------------------
Baseball Poem
The Catchers Learns the Motion
by Tim Peeler
and is often the hub of the movements,
he reads the morse code of the pitcher
and returns the speech of the dumb,
he loves the sphere and its ridges,
rips it from the tight mitt
with or against the seams
whistles it from a frog squat.
the catcher learns
he is the hat of the hat dance,
the pitcher may think himself
the center of gravity,
but the catcher
waits at the apex of the great angles,
slaps the leather trap
on the errant razor
as it spits up from the dust.
the catcher imprints the motions of the hitters,
checks the rhythm of their passages,
knows he must slip an extra measure
at the end of their cha-cha-cha,
the catcher is the great disturber,
can cock twice on his return throw,
spit on the plate, call for the "buzzer"
block the ump's clear visage,
bilingual kamikaze
chattering like a wired chimp,
muttering with silent busted digits,
sacrificing legs
to the varicose crouch and
the ruinous crunch
of the few that get through
to thin armor .
Touching All Bases
Poems from Baseball
Tim Peeler
www.mcfarlandpub.com
[headlines]
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Sports Briefs----
Feds end prosecution of Barry Bonds without conviction
http://www.sacbee.com/news/politics-government/article28012282.html
Adrian Peterson, Vikings restructuring last three years of RB's deal
http://www.usatoday.com/story/sports/nfl/vikings/2015/07/21/peterson-vikings-agree--redo-last-3-years--deal/30466637/
Marcus Mariota, after contract impasse, agrees to first NFL deal
http://www.oregonlive.com/nfl/index.ssf/2015/07
/marcus_mariota_after_contract.html#incart_2box
Roger Goodell says there’s no timeline on Brady decision
http://www.bostonglobe.com/sports/2015/07/21/roger-goodell-says-timeline-for-brady-appeal/JfZYBCpiVSZCampjxp61EM/story.html#
Grant Cohn: Faces of the 49ers franchise
http://www.pressdemocrat.com/sports/grantcohn/4227200-181/grant-cohn-faces-of-the
FIFA Scandal May Touch Unsuspecting Property Renters
http://www.nytimes.com/2015/07/22/sports/soccer/fifa-scandal-may-touch-unsuspecting-property-renters.html
(Leasing News provides this ad as a trade for investigative
reporting provided by John Kenny)
[headlines]
--------------------------------------------------------------
California Nuts Briefs---
Report: Silicon Valley's housing affordability crisis worsens
http://www.contracostatimes.com/business/ci_28512250/report-silicon-valleys-housing-affordability-crisis-worsens
New California law requires employers to provide sick leave
http://www.northbaybusinessjournal.com/industrynews/law/4113165-181/new-california-law-requires-employers#sS4B6GTbMes3KgqP.97
Drought, heat hurry North Coast winegrapes to early harvest
http://www.northbaybusinessjournal.com/northbay/napacounty/4232044-181/drought-heat-hurry-north-coast#ZgrQMYTlUgPOUGpV.97
Jerry Brown says Junípero Serra statue will stay
http://www.sacbee.com/news/politics-government/article28012282.html
[headlines]
--------------------------------------------------------------
“Gimme that Wine”
http://www.youtube.com/watch?v=EJnQoi8DSE8
Gallo to buy Asti winery, Souverain brand
http://www.pressdemocrat.com/business/4231859-181/gallo-to-buy-asti-winery?page=0
Taste of Napa attracts crowd of 1,000
http://napavalleyregister.com/news/local/taste-of-napa-attracts-crowd-of/article_a56f0122-bf87-5f46-9e48-c5b57f1e53de.html
Francis Ford Coppola Visits Film School In Cuba And Makes Pasta For The Students [PHOTOS]
http://www.latintimes.com/francis-ford-coppola-visits-film-school-cuba-and-makes-pasta-students-photos-330356
BottleRock 2013 bankruptcy saga ends
http://napavalleyregister.com/news/local/bottlerock-bankruptcy-saga-ends/article_402ae31e-fef7-59f1-8181-954f04106e30.html
Vineyard Needs Prompt Action Over Illegal Workers
http://www.wine-searcher.com/m/2015/07/vineyard-needs-prompt-action-over-illegal-workers
Former winemaker Jeffry Hill pleads no contest to theft
http://napavalleyregister.com/news/local/former-winemaker-jeffry-hill-pleads-no-contest-to-theft/article_cc0b943d-b60f-5e4c-84bf-32e50182b76c.html
Why Saratoga's Cinnabar is often standing room only
http://www.mercurynews.com/eat-drink-play/ci_28487948/winery-adventure-saratogas-cinnabar
Free Mobile Wine Program
http://leasingnews.org/archives/Feb2010/2_26.htm#mobile
Wine Prices by vintage
http://www.winezap.com
http://www.wine-searcher.com/
US/International Wine Events
http://www.localwineevents.com/
Leasing News Wine & Spirits Page
http://two.leasingnews.org/Recommendations/wnensprts.htm
[headlines]
----------------------------------------------------------------
This Day in American History
1587 - The second English colony was established on Roanoke Island off what is present-day North Carolina. The Roanoke Island Colony, sponsored by Sir Walter Raleigh, was established on Roanoke Island under the leadership of Sir Richard Grenville and Sir Ralph Lane. The settlers fared badly and returned to England in June of 1586. In 1587, Raleigh sent out another group under John White, consisting of 117 men, women and children, who landed this day. White returned to England for supplies, but was unable to get back to Roanoke until August 17, 1590, three years later. He found all the colonists gone and the only clue to their fate was the word Croton carved on a tree. The meaning of this remains unexplained and no trace was ever found of the settlers. Whether they met their fate by Indians, a cold winter, lack of food, or disease is not known.
http://personal.pitnet.net/primarysources/ronoake.html
1620 - A small congregation of English Separatists, led by John Robinson, began their emigration to the New World. Today, this historic group of religious refugees has come to be known as the 'Pilgrims.' Pastor John Robinson was the last face the Pilgrims saw as their ship left for the New World. He never made it to America, but this one man is credited with planting a single word – independence.
http://www.ohioroundtable.org/cfdocs/shows.cfm?
showcode=968&fromhome=YES
http://www.revjohnrobinson.com/art.htm
http://www.mlp.org/sermon.html
http://members.aol.com/calebj/robinson_letter.html
http://www.newnorth.net/~johhnson/~jrobinson.html
1667 - New Netherland was ceded to England by the Dutch by the Peace of Breda, which ended the second Anglo-Dutch War (1665-1667). The British had captured Fort Amsterdam and divided the territory into New Jersey and New York. Colonization was slow and the territory was re-organized in 1674.
http://www.infoplease.com/ce6/history/A0816459.html
http://www.infoplease.com/ce6/history/A0857845.html
1724 - The Alamo, to become famous as the site of a great battle of the war for Texas independence in 1836, was constructed at about this time as a Franciscan mission, the Mission San Antonio de Valero.
http://www.thealamo.org/faqs.html#one
http://www.americanwest.com/pages/alamo.htm
1775 – George Washington took command of the Revolutionary Army.
1796 - Surveyors commissioned by General Moses Cleaveland (1754-1806) completed the plan for what became the town of Cleveland, Ohio.
(lower half of:
http://memory.loc.gov/ammem/today/jul22.html )
http://www.travelcleveland.com/About_Cleveland/cleveland_history.asp
1860 - Birthday of Mother Marie Joseph Butler (1860-1940) in Ballynunnery, County Kilkenny, Ireland. Roman Catholic American nun. As the Mother General of the Congregation of the Sacred Heart of Mary, she began the Marymount school system. She opened 14 schools in the United States, three of which became colleges.
1861 - An intention to issue an Emancipation Proclamation was announced by President Lincoln to his Cabinet. He read the entire proclamation. He wanted to issue it the same day as strictly military effort to cripple Confederate manpower. His Cabinet persuaded him to wait as it was not good political timing, both because the Union was not doing well in the war, and many politicians were questioning the cause. Lincoln argued it needed to be done soon, but was persuaded to wait for a more favorable military situation to avoid the appearance of “desperation.”
1864 - The Battle of Atlanta, GA., concludes. Young General John Bell Hood attacks General William Tecumseh Sherman on July 20, resulting in terrible losses for the Confederate Army. Estimated casualties: 12,140 (3,641 Union, 8,499 Confederate)
http://ngeorgia.com/history/battleofatlanta.html
http://www2.cr.nps.gov/abpp/battles/ga017.htm
http://www.civilwarhome.com/hoodbio.htm
http://ngeorgia.com/people/hood.html
http://home.sprynet.com/~randyyoung/ransom.htm
1872 - Birthday of Tom “Boss” Pendergast (1873-1945) in St. Joseph , MO. The Pendergast organization helped launch the political career of President Harry S. Truman, a fact that caused Truman's enemies to dub him "The Senator from Pendergast."
http://www.allaboutjazz.com/jazznew.htm
http://www.energy2001.ee.doe.gov/GoinToKC.htm
http://www.experiencekc.com/truman.html\
http://organizedcrime.about.com/library/weekly/aa102500a.htm
1882 - Birthday of painter Edward Hopper (1882-1967), Nyack , NY .
http://www.artchive.com/artchive/H/hopper.html
http://sunsite.dk/cgfa/hopper/
http://artcyclopedia.com/artists/hopper_edward.html
http://sheldon.unl.edu/HTML/ARTIST/Hopper_E/AS.html
http://art-posters-art-prints.com/edward-hopper.html
http://www.mcs.csuhayward.edu/~malek/Hopper.htm
1886 - In San Francisco, a brewery workers union formed last month among mostly socialist German workers to resist the prevailing 16-18 hour workday. Today breweries admitted defeat and gave in to union demands for FREE BEER, the closed shop, freedom to live anywhere for brewery workers (who had, until now, typically lived in the brewery itself), a 10-hour day, six-day week, and a board of arbitration.
1888 - Birthday of detective novelist Raymond Chandler (1888-1959) in Chicago. In 1932, at age forty-four, Chandler decided to become a detective fiction writer after losing his job as an oil company executive during the Great Depression. Chandler had an immense stylistic influence on American popular literature, and is considered by many to be a founder, along with Dashiell Hammett, James M. Cain and other Black Mask writers, of the hard-boiled school of detective fiction. His protagonist, Philip Marlowe, along with Hammett's Sam Spade, is considered by some to be synonymous with "private detective," both having been played on screen by Humphrey Bogart whom many considered to be the quintessential Marlowe.
http://www.america.net/~davdmock/chandler.htm
http://www.hifibliss.com/peter/chandler.htm
http://www.kirjasto.sci.fi/rchandle.htm
http://hometown.aol.com/chandlerla/
http://www.angelfire.com/sd/kreelah/chandler.html
http://www.amazon.com/exec/obidos/search-handle-form/
102-8899986-2380120
1890 - Rose Elizabeth Fitzgerald Kennedy’s (1890-1995) birthday in Boston’s North End. Rose Kennedy became the epitome of a stalwart woman who maintained her dignity while her wealthy husband openly flaunted his many adulteries and somehow maintained her composure when three of her four sons were killed, her other son caused the death of a young woman, and a daughter who proved to be mentally limited, and the deaths of several grandchildren. Their nine children included President John F. Kennedy and Senators Robert F. Kennedy and Ted Kennedy.
http://www.wic.org/bio/rkennedy.htm
http://www.geocities.com/CapitolHill/Senate/1968/rose.htm
http://www.amazon.com/exec/obidos/ASIN/0791016226/
avsearch-bkasin-20/103-5362656-4423850
1890 - The observation “Everybody talks about the weather, but nobody does anything about it” was written by editor Charles Dudley Warner in the Hartford Courant. The remark has wrongly attributed to his Hartford friend Mark Twain.
1893 – Katherine Lee Bates (1859-1929) wrote “America the Beautiful”, hastily jotted down in a notebook while she was teaching English at Colorado College in Colorado Springs.
1893 - Birthday of Karl Menniger (1893-1999), American psychiatrist, at Topeka, KS. Along with his father and brother, he founded the Menniger Clinic and Foundation at Topeka in the 1920s.
1899 - Birthday of sculptor Alexander Calder.
http://memory.loc.gov/ammem/today/jul22.html
1906 - Birthday of writer and pilot Anne Morrow Lindbergh (1906-2001), Englewood, New Jersey. She was the daughter of US Ambassador to Mexico, Dwight Morrow. Lindbergh attended Smith College where her writing won several coveted literary awards. At age 23, she married celebrated aviator Charles Lindbergh, who had made the first transatlantic solo flight in 1927. The couple flew frequently, and she became the first woman to receive a glider pilot's license. She got her airplane pilot's license in 1931 and published several books about her experiences, including “North to the Orient” (1935), about the couple's flight over Canada and Alaska to Asia. The couple's infant son was kidnapped for ransom in 1932, which led to his death. The tragedy affected the entire nation. In 1934, she became the first woman to win the National Geographic Society Hubbard Gold Medal. Her 1944 book, “Gift from the Sea” became a bestseller and was reissued in a special anniversary edition 25 years after its publication. “The Aviator’s Wife” is a splendid biography of this multi-talented pioneer whose life was spent largely in her husband’s shadow.
1908 - Amy Vanderbilt’s (1908-74) birthday in Staten Island, NY. A renowned U.S. author, she wrote “Vanderbilt's Complete Book of Etiquette” that took a more modern approach to manners and etiquette than did Emily Post.
http://www.allperson.com/allperson/legend/0000000893.asp
http://www.quotationspage.com/quotes.php3?author=Amy+Vanderbilt
1915 - Birthday of trumpet player/singer Taps Miller, Indianapolis , IN
http://seattletimes.nwsource.com/html/artsentertainment/
134463975_lawrence17.html
1916 - A bombing in San Francisco during a Preparedness Day parade killed 10 persons and wounded 40. In 1917, labor leader Tom Mooney was sentenced to hang and Warren K. Billings was sentenced to life imprisonment for the dead. President Wilson commuted Mooney's sentence to life imprisonment in 1918, but because of confessions of perjured testimony at the trial, the case was an international cause celebre for many years. On January 8, 1939, Governor Culbert L. Olson of California pardoned Mooney. Billings was released a later in the year.
1917 – Trombonist, violinist, and singer Lou McGarity’s (1917-71) birthday in Athens, GA.
http://shopping.yahoo.com/shop?d=product&id=1927006
998&clink=dmmu.artist&a=b
http://elvis.rowan.edu/~kilroy/JEK/07/22.html
http://www.pbs.org/wgbh/pages/frontline/shows/religion/
maps/primary/mary.html
http://www.st-mary-magdalene.org/newpage4.htm
http://www.magdalene.org/biblical.htm
1918 - A single bolt of lightning struck 504 sheep dead in their tracks at the Wasatch National Forest in Utah. Sheep often herd together in storms, and as a result the shock from the lightning bolt was passed from one animal to another.
1923 – The Washington Senators’ Walter Johnson became the first Major League pitcher to reach 3,000 strikeouts on the way to 3,508 at his retirement.
1924 - Singer Margaret Whiting (1924-2011) was born in Detroit. Her father was the famous songwriter Richard Whiting. She began her career in the early 1940's singing with the bands of Freddie Slack and Billy Butterfield. With trumpeter Butterfield, Whiting recorded the 1944 million-seller "Moonlight in Vermont". Her 1948 recording of "A Tree in the Meadow" also sold a million, as did her 1949 duet with Jimmy Wakely, "Slippin' Around."
http://www.northwood.edu/dw/1994/whiting.html
1924 -Birthday of pianist Al Haig (1924-82), Newark , NJ
http://music.barnesandnoble.com/search/artistbio.asp?
userid=0HNQVIRQ19&ctr=70344
http://www.bobjanuary.com/alhaig.htm
http://jazzinstituteofchicago.org/index.asp?target=/
jazzgram/people/alhaig.asp
http://www.amazon.com/exec/obidos/external-search/102-8899986-2380120?tag=drjohnholleman&keyword=al+haig&mode=music
http://music.zodchiy.com/A/Al_Haig.html
1924 - Birthday of tenor saxophonist Bill Perkins (1924-2003) in San Francisco.
http://music.barnesandnoble.com/search/artistbio.asp?
userid=0HNQVIRQ19&ctr=70886
1928 - P Red Faber of the White Sox came to bat in the 8th with two runners on base and the game with the Yankees tied at 4. He swung twice right-handed and missed against righty Wilcy Moore. He then switched to the left side and knocked in the winning runs with a single to center.
1930 - The Philadelphia Athletics executed a triple steal in the first inning of a game against the Cleveland Indians and another one in the fourth inning. This is the only game in which two triple steals have occurred.
1933 - The first African-American opera prima donna, Caterina Jarboro (1933-86) was born Katherine Yarborough in Wilmington, North Carolina. She appeared as Aida, the Ethiopian slave, in Giuseppe Verdi's opera “Aida”, presented by Alfredo Salmaggi's Chicago Opera Company at the New York Hippodrome, Sixth Avenue and 43d Street, New York City. Caterina attended school in Wilmington (where she is noted in their “Walk of Fame”) until, at age 13, she journeyed to New York to study music. During her illustrious career, she achieved international fame as a soprano and paved the way for other talented African-Americans in American opera. Caterina performed in many of the world's great opera houses, including Paris, Vienna, Warsaw, Madrid, Moscow and the United States. She also thrilled Wilmington audiences on two occasions by performing at the Academy of Music (Thalian Hall) and the Williston High School auditorium. http://www.spinnc.org/spinsites/arts/wof_jarboro.htm
1934 - Birthday of tenor sax player Herman “Junior” Cook (1934-92), Pensacola, FL.
http://members.tripod.com/~hardbop/jrcook.html
http://www.fantasyjazz.com/catalog/cook_j_cat.html
1934 - Outside the Biograph Theatre in Chicago, "Public Enemy No. 1" John Dillinger was mortally wounded by FBI agents.
1936 - Birthday of Don Patterson (1936-88), organist, Columbus, OH.
http://www.amazon.com/exec/obidos/tg/stores/artist/glance/-/49897/ref=m_art_dp/102-8899986-2380120
1937 - Hal Kemp and his orchestra recorded the now-standard, "Got a Date with an Angel", for Victor Records in Hollywood. The distinctive vocal on the tune is provided by Skinnay Ennis
1937 - The Senate voted down President Franklin Roosevelt’s attempt to “pack the Court” in a proposal to add more justices to the Supreme Court.
1937 – Singer Chuck Jackson, one of the first to record material by Burt Bacharach and Hal David successfully, was born in Latta, SC. Between 1957 and 1959, he was a member of The Del-Vikings. After leaving them, he recorded his first single, "I Don't Want to Cry", which he co-wrote and was his first hit (1961). In 1962, Jackson's recording of the Bacharach-Bob Hilliard song "Any Day Now" became a huge hit and his signature song.
1939 - The first African-American woman judge, Jane Matilda Bolin, was appointed judge of the Court of Domestic Relations by Mayor Fiorello La Guardia of New York City. She was also the first African-American woman to graduate from Yale Law School and the first to be admitted to the New York City Bar.
http://www.blackseek.com/bh/2001/172_JBolin.htm
1941 - Robert “Lefty” Grove (1900-75) of the Boston Red Sox won the 300th and last game of his major league career, defeating the Cleveland Indians, 10-6. One of the greatest left-handed pitchers in Major League history, Grove led the American League in wins in four separate seasons, in strikeouts seven years in a row, and had the league's lowest ERA a record nine times. Over the course of the three years from 1929 to 1931 he twice won the pitcher's Triple Crown, leading the league in wins, strikeouts, and ERA, while amassing a 79-15 record as the ace for the Athletics' dynasty teams. He was elected to the Baseball Hall of Fame in 1947.
1941 – Dick Wakefield, recently graduated from the University of Michigan, became baseball's first "bonus baby" when he signed with the Tigers for $52,000 and a new car.
1942 - Harry James with Helen Forrest record “I Had the Craziest Dream.”
1942 - Compulsory civilian gasoline rationing due to the wartime demands began.
1943 - Two weeks after the July 10 Allied invasion of Sicily, led by General George Patton, the principal northern town of Palermo was captured. Americans had cut off 50,000 Italian troops in the west, but Germans were escaping to the northeastern corner of the island. After 39 days, on August 17, 1943, the entire island of Sicily was under the control of Allied forces. The official total of Germans and Italians captured was put at 130,000. The Germans, however, managed to transfer 50,000 of their 90,000 men back to the Italian mainland.
1944 - The Bretton Woods (New Hampshire) Conference created the International Monetary Fund. The IMF is “...a cooperative institution that [many] countries have voluntarily joined because they see the advantage of consulting with one another in this forum to maintain a stable system of buying and selling their currencies so that payments in foreign money can take place between countries smoothly and without delay.” The IMF was based on the ideas of the U.S. Treasury Department's Director of Monetary Research, Harry Dexter White, John Maynard Keynes of England and the IBRD (International Bank for Reconstruction & Development). The IMF began operations in Washington, D.C. in May 1946 with 39 member countries.
1944 - SKAGGS, LUTHER, JR., Medal of Honor
Rank and organization: Private First Class, U.S. Marine Corps Reserve, 3d Battalion, 3d Marines, 3d Marine Division. Place and date: Asan-Adelup beachhead, Guam, Marianas Islands, 21 -22 July 1944. Entered service at: Kentucky. Born: 3 March 1923, Henderson, Ky. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty while serving as squad leader with a mortar section of a rifle company in the 3d Battalion, 3d Marines, 3d Marine Division, during action against enemy Japanese forces on the Asan-Adelup beachhead, Guam, Marianas Islands, 21 -22 July 1944. When the section leader became a casualty under a heavy mortar barrage shortly after landing, Pfc. Skaggs promptly assumed command and led the section through intense fire for a distance of 200 yards to a position from which to deliver effective coverage of the assault on a strategic cliff. Valiantly defending this vital position against strong enemy counterattacks during the night, Pfc. Skaggs was critically wounded when a Japanese grenade lodged in his foxhole and exploded, shattering the lower part of one leg. Quick to act, he applied an improvised tourniquet and, while propped up in his foxhole, gallantly returned the enemy's fire with his rifle and hand grenades for a period of 8 hours, later crawling unassisted to the rear to continue the fight until the Japanese had been annihilated. Uncomplaining and calm throughout this critical period, Pfc. Skaggs served as a heroic example of courage and fortitude to other wounded men and, by his courageous leadership and inspiring devotion to duty, upheld the high traditions of the U.S. Naval Service.
1944 – Estelle Bennett (1944-2009) of the Ronettes was born in NYC. With her sister, Ronnie Bennett, they were 2/3 of the group that had a string of hits in the 60s, “Be My Baby”, “Walkin in the Rain”, “(The Best Part of) Breakin Up”, Baby I Love You”. It was Estelle who called Phil Spector about an audition while the group, then known as Ronnie and the Relatives, was still with Colpix Records. By March 1963, the group was officially signed to Spector's Phillies Records and were renamed The Ronettes. The Ronettes recorded "Be My Baby" in July 1963, and it was released in August. By the fall of that year it had become a top 10 hit, peaking at number two on the Billboard Top 100.
1945 - Birthday of guitarist Al DiMeola, Jersey City, NJ.
http://www.aldimeola.com/
http://www.pixelplanet.com/Music/EG.htm
http://www.daddario.com/DADDARIO_ENDORSEES/ALDIMEOL.HTM
http://www.dwponline.com/rock/dimeola.htm
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
1947 – Don Henley was born in Gilmer, TX. He is a founding member of The Eagles and the drummer.
1948 - Peggy Fleming’s birthday in San Jose, CA. U.S. figure skater, winner of 1968 Olympic singles gold medal. She became an outstanding businesswoman who revamped the ailing Ice Capades show into a profitable business. She lives right here in Los Gatos, California where she is active in the Silicon Valley Community
1949 - Birthday of film score composer Alan Menken, New Rochelle, NY.
http://disney.go.com/DisneyRecords/Biographies/Menken_Bio.html
http://menken.dyns.net/
1954 - In an attempt to put more pop in the lineup, Casey Stengel inserts Mickey Mantle in the infield as the shortstop. The experiment works as the 'Commerce Comet' homers in the tenth inning giving the Yankees a 3-2 victory over the White Sox.
1955 - Top Hits
“Rock Around the Clock” - Bill Haley & His Comets
“Honey-Babe” - Art Mooney
“The House of Blue Lights” - Chuck Miller
“I Don't Care” - Webb Pierce
1956 - The Baseball Hall of Fame announced special rules governing elections. Writers should vote every two years, alternating with the Veterans Committee. Because of criticism, this will revert back in 1962. To be eligible, players must have been retired for five years.
1958 - US performed atmospheric nuclear tests at Bikini Island.
1960 – Cuba nationalized all US-owned sugar factories.
1962 - Gary Player of South Africa became the first nonresident of the US to win the PGA championship. He defeated Bob Goalby by one stroke at Aronimink Golf Club in Newtown Square, PA.
1963 - Top Hits
“Surf City” - Jan & Dean
“So Much in Love” - The Tymes
“Memphis” - Lonnie Mack
“Act Naturally” - Buck Owens
1963 - History records the first bank to lease personal property was the Bank of America , San Francisco , CA , which instituted the service this day, under the direction of Robert D'Oyly Syer. James Joseph Saxon, Comptroller of the Currency, advised national banks on March 18, 1963 that they were permitted to lease personal property, buy equipment and lease it directly to customers.
1963 - The Beatles' first US album, "Introducing The Beatles" was pressed by Vee-Jay Records, who thought they had obtained the legal rights from EMI affiliate, Trans-Global Records. When it was finally released in January, 1964, Capitol Records would hit Vee Jay with an injunction against manufacturing, distributing, advertising, or otherwise disposing of records by the Beatles. After a trial, Vee-Jay was allowed to release any Beatles records that they had masters of in any form until October 15th, 1964. After that time, they no longer had the right to issue any Beatles product.
1963 - World Heavyweight Champion Sonny Liston hung on to his boxing title by knocking out challenger Floyd Patterson in the first round of a bout in Las Vegas, NV.
1965 - "Till Death Us Do Part" debuted on England's BBC-TV. The show was so popular that it became a TV series in Great Britain and was the forerunner of the 1971-92 CBS-TV hit, "All in the Family", starring Carroll O'Connor and Jean Stapleton.
1966 – Clay Dalrymple broke up a no-hitter by Giants hurler Gaylord Perry with an 8th-inning single. It was the second time the Phillies catcher spoiled a no-hit bid in the 8th inning at Candlestick Park, having collected the only hit in Juan Marichal’s debut in 1960. Not a bad career, breaking up the no-hitters of two Hall of Fame pitchers.
1967 - Using five pitchers in same inning, the Braves establish a major league mark for the number hurlers called upon in one inning. Ken Johnson, Ramon Hernandez, Claude Raymond, Dick Kelley and Cecil Upshaw all face the Cardinals in the ninth inning.
1967 - The "Billboard" singles chart showed that "Windy", by The Association, was the most popular record in the U.S. for the fourth straight week. The Los Angeles-based sextet would make way for Jim Morrison and The Doors a week later when "Light My Fire" became the hottest record of the mid-summer.
1968 - Elvis Presley begins filming his twenty-ninth movie, “Charro!”, on location in Arizona. It is the only Elvis movie where he sports a beard, and the only one in which he does not sing on-camera. Only two songs are recorded for the film, and only the title track, another Mac Davis composition, is used... over the credits only. A "serious" Western, it is nonetheless a critical and commercial failure.
1969 - The All-Star Game is postponed by rain for the first time in major league history.
1971 - Top Hits
“It's Too Late/I Feel the Earth Move” - Carole King
“You've Got a Friend” - James Taylor
“Don't Pull Your Love” - Hamilton, Joe Frank & Reynolds
“When You're Hot, You're Hot” - Jerry Reed
1971 - The Doors' "L.A. Woman" is certified gold
1975 - Confederate General Robert E. Lee had his U.S. citizenship restored by the U.S. Congress.
1977 - Tony Orlando announced his retirement from show business. Orlando was performing in Cohasset, MA when he said that he had finally decided to call it quits. Orlando had two solo hits in 1961 ("Halfway to Paradise" and "Bless You") and 14 hits with his backup singers (known as Dawn) through the mid-1970s. He also hosted a weekly TV variety show with Dawn (Telma Hopkins and Joyce Vincent) from 1974-1976.
http://www.tonyorlandoonline.com/
http://www.friends-of-toad.com/
1979 - Top Hits
“Bad Girls” - Donna Summer
“Good Times” - Chic
“Makin' It” - David Naughton
“Shadows in the Moonlight” - Anne Murray
1979 - Golfer Sam Snead (1912-2002), age 67, became the first to shoot below his age on a Professional Tour, on the fourth day of the Quad Cities Open Tournament at Coal City, IL. His score was 277 (70, 67, 74, 66).
1983 - -128ø F (-89ø C) recorded, Vostok, Antarctica (world record)
1984 - Kathy Whitworth won the Rochester Open to become the all-time winningest professional golfer. Her 85th victory surpassed the 84 tournament wins of Sam Snead. Her picture made the Wheaties “Breakfast of Champions” box.
http://www.golfweb.com/u/ce/feature/pgatour/0,1977,839844,00.html
http://www.golfeurope.com/almanac/players/whitworth.htm
1984 - TV Host George Alexander "Alex" Trebek born July 22, 1940 in Sudbury, Ontario, Canada. He began hosting Jeopardy in 1984.
http://www.imdb.com/name/nm0871618/
1985 - Bruce Springsteen's fans crashed the phone system in Washington, DC by overloading the circuits with requests for tickets to the Boss's show at Robert F. Kennedy Stadium. The concert was sold out within an hour-and-a-half.
1986 - Hurricane Estelle passed 120 miles south of the Hawaiian Islands creating a ten to twenty foot surf. The large swells resulted from a combination of high tides, a full moon, and 50 mph winds. The hurricane also deluged Oahu Island with as much as 6.86 inches of rain on the 24th and 25th of the month.
1986 - The Cubs fired their ball girl, Marla Collins, the first ball girl in the Majors, when it is revealed that she posed nude for Playboy magazine. The photos appeared in the October issue and accompanied shots of Marla in her Cubs uniform and one of Harry Caray pointing to a tattoo on her right thigh. Caray remained as the Cubs announcer.
1987 - Top Hits
“Alone” - Heart
“Shakedown” - Bob Seger
“Don't Disturb This Groove” - The System
“I Know Where I'm Going” - The Judds
1988 - The Atlanta Hawks began a 13-day trip through the Soviet Union by beating a Soviet team, 85-84. The Hawks won the second game but then lost the third to conclude the first such tour by an NBA team.
1990 - Greg LeMond won his third Tour de France. He outdistanced all other cyclists by finishing in 90 hours, 43 minutes and 20 seconds. His time was slower than his past wins. LeMond won in 1986 and again in 1989 with his best time of 87 hours, 38 minutes and 35 seconds. It seems like you have to be French to win
1991 – Jeffrey Dahmer confessed to killing 17 males in 1978.
1994 - More than 54,000 fans jammed Giants Stadium in East Rutherford, New Jersey as Billy Joel and Elton John performed the first of five concerts together. They duetted on "Your Song," "Honesty” and "I Guess That's Why They Call It the Blues."
1994 – OJ Simpson entered a plea of not guilty in the murders of Nicole Brown Simpson and Ron Goldman.
1997 – Greg Maddux threw only 78 pitches in a complete game win over the Cubs.
2002 - Over 20,000 fans gather at Fenway for a two-hour tribute entitled, "Ted Williams: A Celebration of an American Hero". The two hour salute of the man many consider to be the greatest hitter in baseball history, a vet of the World War II and the Korean War, and a generous supporter of the Jimmy Fund, in addition to moving music and video, includes comments from present and former Red Sox players and broadcasters, historian Ken Burns, and former U.S. Senator John Glenn, who was Ted's wing man during the Korean War.
2003 - Members of the US 101st Airborne Division, aided by Special Forces, attacked a compound in Iraq, killing Saddam Hussein’s sons Uday and Qusay, along with Qusay's 14-year-old son and a bodyguard.
2006 - The fourth day over 100 in Los Gatos/Saratoga. Today it reached 107, and we didn't go into the swimming pool until after 6pm when there was more shade in the backyard, as the sun was much too hot, even to go into the water.
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