American Association of Commercial Finance Brokers’ Tribute
to Neil Roth, Leasing Veteran Who Passed Away

"AACFB lost one of its founding members and longtime supporter, Neil Roth, on Sunday, July 12th, after a hard-fought battle with cancer. He was surrounded by his family, including Carol, his wife of over 50 years, and their daughter, Jodi.
 
"Neil was a 34-year veteran of the commercial finance industry and owner of Key Credit Corp., based in Georgia. Kristin Lamote and Neil's daughter, Jodi Barton, will keep Neil's legacy alive by continuing to operate the business."

Monica Harper, AACFB Executive Director, commented, "I had the pleasure of knowing Neil for over 15 years. He and I would often have long conversations regarding the association, the industry, and life in general. He was generous with his time and always willing to help, especially the military veterans entering the industry. Neil always spoke so proudly of his wife and daughter, whom he adored. He had a kind soul and will be greatly missed."

Bud Callahan, CLFP, National Equipment Leasing, former president, current Director at Large, said "Neil was one of the founders for the current AACFB.  Neil was always involved for the betterment of the association and a mentor to many who are now veterans in the industry.  Neil was a good friend and will be sorely missed.  Neil, you are in a better place."

 

Neil Roth
November 13, 1946 - July 12, 2020

Neil Roth, 73, died July 12, 2020 with his wife Carol and family by his side at his home in Alpharetta, GA, after a courageous battle with bladder cancer. Neil was born November 13, 1946 in New York, New York and moved with his family to Georgia.” 
- Southcare Cremation & Funeral Society

No funeral or memorial services have been announced for Neil but in lieu of flowers, the family has asked that donations be made in Neil's memory to the Shadow Warrior Foundation, which brings awareness to veteran causes and supports veterans in need. www.shadowwarriorfoundation.org.

[headlines]
--------------------------------------------------------------

The Law to Change Financial Disclosure in California
Under Construction, Perhaps Delayed

Senate Bill 1235 (Glazer) requires the DBO to draft regulations for commercial financing disclosures. In July of last year, the DBO posted revised draft regulations and issued a second Invitation for Comments. Thirty-four comments were received by the September 9, 2019 deadline. A third Invitation for Comments on the cost of implementation was issued on January 17, 2020. The DBO reports receiving eight comments by the January 31, 2020 deadline. Final draft regulations are being prepared for the formal rulemaking process.  (1)

It may be that COVID 19, working remote, as well as the economy, have been slowing the results but, at the same time, New York State is back with similar legislation and New Jersey has postponed the subject, not killed the bill.

The rulings will affect over 3,493 licensed companies and their branches in the state have filed to do business loans and capital leases in California, according to the California Division of Business Oversight. This will expand to companies and brokers involved in Factoring and Merchant Cash Advance.

Under the new law, the financer will have to disclose the following at the time they offer financing of less than $500,000 to a business owner:

• Total amount of financing
• Total cost of financing
• Term length
• Frequency and amount of payments
• Pre-payment policies
• Annualized rate in APR via TrueValue
• (Interim rent, first and last, balloon payments to be included in calculation via interest calculator such as TrueValue)

The law will cover traditional term loans, lines of credit, merchant cash advances, lease financing, factoring, and asset-based financing. While federally chartered banks are exempt due to federal pre-emption issues, the bill does cover online platforms that partner with banks and do the marketing and underwriting that lead to financing that is ultimately provided by a bank.

The bill requires the Department of Business Oversight (Department) to adopt regulations governing such disclosures.

(1) Progress on the DBO website 
https://dbo.ca.gov/regulations-legislation-opinions-releases/

[headlines]
--------------------------------------------------------------

Auto Defaults Now at Lowest Point in 10 Years
By SubPrime Auto Finance News Staff

For what it’s worth amid so much uncertainty nowadays triggered by the coronavirus pandemic, auto-finance defaults are at the lowest point recorded by S&P Dow Jones Indices and Experian going back 10 years.

According the data through June released on Tuesday morning, the auto portion of the S&P/Experian Consumer Credit Default Indices dropped 16 basis points to come in at 0.40%; a reading less than half of what it was back in January.

For context, here is where the auto-default reading has stood at the year’s midpoint since 2010:

2019: 0.87%
2018: 0.93%
2017: 0.82%
2016: 0.91%
2015: 0.85%
2014: 0.96%
2013: 1.00%
2012: 1.04%
2011: 1.29%
2010: 1.70%

It’s highly likely the newest default reading is so low because of how many contracts have been modified by finance companies for consumers who have been impacted financially by the pandemic. Both Kroll Bond Rating Agency (KBRA) and S&P Global Ratings discussed their finding on that topic that SubPrime Auto Finance News recapped in this report.

Turning back to defaults, analysts found the composite rate of the S&P/Experian Consumer Credit Default Indices that represent a comprehensive measure of changes in consumer credit defaults declined 12 basis points in June to settle at 0.66%.

Analysts went on to mention the bank-card default rate fell 17 basis points to 4.23%, and the first mortgage default rate decreased 11 basis points to 0.41%.

Looking at the June data within the five largest metropolitan areas, the S&P/Experian Consumer Credit Default Indices indicated four of the cities posted sequential declines in June.

Chicago generated the largest decrease, dropping 14 basis points to 0.69%. Dallas was right behind, falling 13 basis points to land at 0.66%, while New York dropped 9 basis points to settle at 0.74%.

Analysts said Miami came in 3 basis points lower to register at 1.40% in June. However, they pointed out that Los Angeles went in reverse as its rate edged 2 basis points higher to 0.72%.

Jointly developed by S&P Indices and Experian, analysts noted the S&P/Experian Consumer Credit Default Indices are published monthly with the intent to accurately track the default experience of consumer balances in four key loan categories: auto, bankcard, first mortgage lien and second mortgage lien.

The indices are calculated based on data extracted from Experian’s consumer credit database. This database is populated with individual consumer loan and payment data submitted by lenders to Experian every month.

Experian’s base of data contributors includes leading banks and mortgage companies and covers approximately $11 trillion in outstanding loans sourced from 11,500 lenders.

[headlines]
--------------------------------------------------------------

June, 2020 - The List
"The Good, the Bad and the Ugly"

Government Leasing is a Wide Open Marketplace
  Growing Under Tight Local, State and Federal Budgets
     By Christopher Menkin, Editor
http://leasingnews.org/archives/Jun2020/archives_jun2020.htm

Equipment Leasing and Finance Association Monthly Report
    May $6.7 Billion, COVID-19 Catching the Industry Charts
http://leasingnews.org/archives/Jun2020/06_26.htm#elfa

Pawnee Leasing Back in Business
    Sends Notice to Their Brokers
http://leasingnews.org/archives/Jun2020/06_24.htm#pawnee

Companies with 2 or More CLFP’s/Associates
    Adds 30 New Members
http://leasingnews.org/archives/Jun2020/06_24.htm#companies

Certified Lease and Finance Professionals Now 905
   30 Graduate from Two Virtual Academy Classes
      Names/Positions/Company/Photos
http://leasingnews.org/archives/Jun2020/06_22.htm#clfp

Marlin Business Services Announces Further Staff Cuts
    Form 8-K Regulation FD Disclosure
http://leasingnews.org/archives/Jun2020/06_17.htm#marlin

NY-Based Finance Companies Deceived Small Businesses,
    with Merchant Cash Advance, one at 4,000 percent Interest
http://leasingnews.org/archives/Jun2020/06_12.htm#ny

New York Attorney General's Office Wins Major Case
    Against Northern Light Systems Leasing and Affiliates
http://leasingnews.org/archives/Jun2020/06_10.htm#ny

Dr. Dan Geller Predicts US Being Pushed
    into a Prolonged Recession
http://leasingnews.org/archives/Jun2020/06_08.htm#dr

 

FDIC Proposes Fintech Certification Program
"To Encourage Partnership with Banks"

The FDIC has proposed a potential set of standards and a certification program intended to make it easier for financial institutions to partner with technology firms; the program would aim to create best practices for technology firms. The program would aim to create best practices for technology firms when they want to engage in partnerships with banks.

Chairman Jelena McWilliams said in a press release according to American Banker, “Fostering innovation in the financial sector is a top priority for the FDIC, We have to remove unnecessary regulatory impediments that banks must overcome when developing or deploying new technologies. The program could benefit smaller banks and community banks the most as banks of this size cannot afford the technology budget of a big bank; an efficient set of standards could help to increase the growing trend of bank-FinTech partnerships.”

American Banker

[headlines]
--------------------------------------------------------------

Just over 400 747s were estimated to have been in service worldwide in June of this year and British Airway's decision to axe its fleet of 31 Boeing 747s leaves Lufthansa as the largest passenger airline operating the type with 28 in service.

Demand for the 747 is still high among cargo airliners and according to website planespotters.net, Atlas Air has the largest 747 fleet with 38 on its books (both in service and in storage). Two more aerial freight specialists - Cargolux and UPS Airlines - come second and third with 30 and 29 747s in service, respectively. The aircraft is still going strong with passenger airlines in Asia, however, with both Cathay Pacific and Korean Air operating 20.

By Niall McCarthy Statista

[headlines]
--------------------------------------------------------------

Academy for Lease & Finance Professionals
Three Sessions, Three Virtual Online

A screen shot from the first day of the first online Academy for Leasing and Finance Professionals by U.S. Bank Equipment Leasing

The Academy for Lease and Finance Professionals (ALFP) is a three-day event designed to fully prepare an individual to sit for the CLFP exam assuming the attendee has already self-studied. During the first two days, all of the required sections of the CLFP exam are covered in-depth and on the third day, the exam is offered, but not mandatory.

Students are strongly advised to have read and studied The Certified Lease & Finance Professionals' Handbook prior to attending the class in order to ensure success.

     Great American Insurance Online ALFP (Public)  Virtual
     When
     Aug 20 – 22, 2020
     Where
     301 E. 4th Street, Floor 23, Conference Room 1, Cincinnati,
         OH 45202

     IDS On Line (Public)  Virtual
     When
     Sep 17 – 19, 2020
    (No Location)

     Ascentium Capital Private ALFP (Scottsdale, AZ)  Virtual
     When
     Jan 7 – 9, 2021
     Where
     4141 N. Scottsdale Rd., Scottsdale, AZ 85251
        (Keyser Conference Room)

If you are interested in attending, please contact Reid Raykovich, Executive Director: Reid@clfpfoundation.org

About Academy
https://clfpfoundation.org/academy-for-lease-and-finance-professionals/

 

[headlines]
--------------------------------------------------------------

Leasing Industry Help Wanted

 

[headlines]
--------------------------------------------------------------

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

2020 AACFB Annual Conference Goes Virtual
September 21 – 25, 2020

LOUISVILLE, KY - The American Association of Commercial Finance Brokers (AACFB) announced in March that their 2020 Annual Conference, scheduled for May 6-8 in Las Vegas would be postponed to September due to the COVID-19 crisis. Since that time, the association has been closely monitoring the COVID-19 developments. However, due to rising cases of the virus across the U.S. and the extension of the state of emergency in Washington, D.C., the AACFB Board of Directors has decided that it is in the best interest of attendees and staff that the conference be held virtually this year, rather than in-person.

The dates of the online conference will be September 21-25, which will allow attendees to participate in all of the education programming over the course of the week, rather than having to choose between concurrent sessions. Educational sessions and content will also be accessible online following the event for registered attendees. The virtual tradeshow will provide exhibitors new opportunities to showcase their financial products and services and connect with brokers.

AACFB President Cindy Downs expressed, “While we are disappointed that we will not be able to host everyone in person this year, I am excited that we will still be able to deliver exceptional content and networking to attendees using the latest technology. The conference experience will also be available to a broader section of our membership who may not have been able to attend an in-person conference in the past. We are hard at work making sure this online conference will bring our members together, lift them up, and give them the networking and education needed to keep their businesses moving forward!”

More details will be announced for the event soon, including registration pricing and a revised agenda. Information will be available at www.aacfb.org.

About American Association of Commercial Finance Brokers (AACFB)
The American Association of Commercial Finance Brokers (AACFB), formerly the NAELB, is the premier trade association empowering independent commercial finance brokers. The AACFB represents the expanding interests of its growing membership by providing best practice education and networking opportunities, while promoting a culture of ethics. For more information visit: www.aacfb.org

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

 

Labrador Retriever
Louisville, Kentucky  Adopt-a-Dog

Kali

ID 44883193
Female
4 Years, 1 month
Large
Black/White
Spayed
Available by Appoint
Intake Date: 6/23/2020
Adoption Price $165

Are you looking for a calm, quiet, loving companion? Then Kali is your girl! This sweet 4-year-old Retriever mix came to the Kentucky Humane Society when her owners could no longer care for her. She definitely had puppies and probably had multiple litters. But her momma days are over and now she is free to live her best life. Kali loves spending time in the backyard, enjoys making a "nest" and sleeping under the bushes. She is a pretty quiet, but she will bark a few times when she hears someone walking by when she's in the back yard. On her walks she's great on a leash and curious about other dogs and people but not intensely focused. She loves watching and chasing squirrels. Kali has shown that she is not comfortable with small children so she is restricted to a home with children 12 and up. She has done great with other dogs and enjoys socializing. She cannot be in a home with cats or small animals. Kali is spayed, micro-chipped and up-to-date on all vaccinations. Kali is currently in a foster home enjoying the good life, and she is patiently waiting for her forever family. Could that be you?

Kali is a member of our adoption ambassador program. As part of our ambassador program, some of our feline and canine friends have the opportunity to live in foster homes. This allows our staff to learn more about each animal's individual personality and needs, while they are in a more comfortable living space, outside of the shelter setting. The goal of the Adoption Ambassador program is for these foster animals to be adopted directly from their foster home.

If you are interested in meeting Kali, please first submit an online adoption application located at www.kyhumane.org/dog-app. Once we have received your adoption application, our foster team will follow up and provide you with more information.

30 Days of Pet Health Insurance
Did you know that every Kentucky Humane Society adoptable dog and cat comes with 30 days of health insurance through PetFirst Health Insurance? Ask an adoption counselor for details.

Kentucky Humane Society
241 Steedly Dr.
Louisville, KY 40214
Contact Us:
https://www.kyhumane.org/contact
502-366-3355
Hours:
9am - 5:30pm

 

[headlines]
--------------------------------------------------------------

Thursday, July 23rd, 2-3pm Eastern, 11am - 12pm Pacific
Webinar on Best Practices for Virtual Business Meetings
During Pandemic and Beyond

Presenters are Susan Carol, CEO of Susan Carol Creative, and

Gayane Minasyn, an agency associate who specializes in digital marketing and virtual event management

The program, titled “Virtual Event Strategies for Valuable Connection During the Pandemic and Beyond.”

David Roeder, AGLF Board Chair, suggested the idea for this webinar. “Virtual meetings and gatherings will be a predominant way of conducting business and maintaining connections for some time, and how to do them professionally and productively will be key,” he said.

This seminar is ideal for senior executives concerned with business development, sales, networking, business culture, and internal or external communications.

Registration is open to nonmembers who are executives active in equipment leasing and finance. Register at https://zoom.us/webinar/register/WN_-bo9VZb9Qy6VdeCqhRWJzQ

News Briefs----

Ahead of protest at his house, Sacramento city manager
    says he’s disciplined dozens of cops
https://www.sacbee.com/news/local/article244388887.html?

United Airlines loses $1.6 billion in the second quarter
     as pandemic saps travel demand
https://www.cnbc.com/2020/07/21/coronavirus-pushes-united-airlines-ual-to-a-1point6-billion-loss-in-second-quarter.htm

CIT Group (CIT) Reports Q2 Loss, Lags Revenue Estimates
    Full Press Release (19 pages)
https://mma.prnewswire.com/media/1216921/2Q20_Final_Earnings_Release.pdf

GATX Corporation Reports 2020 Second-Quarter Results
   Net Income 2ndQ $37MM, Fleet Utilization 98.7%
https://ir.gatx.com/news-releases/news-release-details/gatx-corporation-reports-2020-second-quarter-results

LinkedIn cutting nearly 1,000 jobs
    as COVID-19 slams recruiting
https://nypost.com/2020/07/21/linkedin-slashes-1000-jobs-as-coronavirus-hits-recruiting/

US needs to lower COVID -19 transmission rate
     to reopen schools, surgeon general says
https://www.cnn.com/world/live-news/coronavirus-pandemic-07-21-20-intl/h_2ffaeb974d600f25d9a6c54779c2cddc

Homeland Security making plans to deploy some 150 agents
    in Chicago this week, with scope of duty unknown
https://www.chicagotribune.com/news/criminal-justice/ct-chicago-police-dhs-deployment-20200720-dftu5ychwbcxtg4ltarh5qnwma-story.html

Why is a right-wing flack and Roger Stone ally
    in charge of Dr. Fauci's schedule?
https://www.salon.com/2020/07/21/why-is-a-right-wing-flack-and-roger-stone-ally-in-charge-of-dr-faucis-schedule/

Dr. Anthony Fauci to Throw Out 1st Pitch
    at Yankees vs. Nationals Season Opener
https://bleacherreport.com/articles/2900959-dr-anthony-fauci-to-throw-out-1st-pitch-at-yankees-vs-nationals-season-opener

 

[headlines]
--------------------------------------------------------------

You May Have Missed---

A Housing Collapse Worse Than the Great Depression
    Could Be Looming
https://www.ccn.com/housing-crisis-worse-than-great-depression-coming/

[headlines]
--------------------------------------------------------------

Sports Briefs---

Michael Bennett, one of the most productive and popular       
      Seahawks of all time, retires after 11 NFL seasons
https://www.seattletimes.com/sports/seahawks/michael-bennett-one-of-the-most-unique-seahawks-of-all-time-decides-to-retire-after-11-years-in-nfl/

San Francisco Giants manager, several team members
     take a knee during national anthem
https://www.nbcnews.com/news/us-news/san-francisco-giants-manager-several-team-members-take-knee-during-n1234447

Antonio Brown says he’s retiring
https://profootballtalk.nbcsports.com/2020/07/20/antonio-brown-says-hes-retiring/

[headlines]
--------------------------------------------------------------

California Nuts Briefs---

California salon, barbershop owners permitted
    to work outside statewide
https://www.mercurynews.com/2020/07/20/newsom-expected-to-allow-california-salon-barbershop-owners-to-work-outside/

California postpones high school football,
    other fall prep sports because of coronavirus
https://www.eastbaytimes.com/2020/07/20/cif-postpones-football-other-fall-sports-because-of-coronavirus/

State workers trained as California contact tracers
    await assignment, even as counties struggle
https://www.sacbee.com/news/politics-government/capitol-alert/article244362177.html?

[headlines]
--------------------------------------------------------------

“Gimme that Wine”

http://www.youtube.com/watch?v=EJnQoi8DSE8

The rise of rosé from Provence
https//www.winebusiness.com/news/?go=getArticle&dataId=233308

Wine community reels from loss of Roskelley
https://www.union-bulletin.com/news/business/wine-community-reels-from-loss-of-roskelley/article_b2656f4c-ddc1-5821-b856-79ba861cb0b9.html

 Rombauer Vineyards Hosts Virtual Joy of Wine Event
https://www.winebusiness.com/news/?go=getArticle&dataId=234046

N.J. winery’s twist on virus mitigation turns into a novel idea
https://www.pennlive.com/life/2020/07/nj-winerys-twist-on-virus-mitigation-turns-into-a-novel-idea.html

Sauvignon Blanc guide: What it’s about?
    32 wines to consider - prices, flavors
https://www.cleveland.com/entertainment/2020/07/sauvignon-blanc-guide-what-its-about-32-wines-to-consider-prices-flavors.html

Free Wine App
https://www.nataliemaclean.com/mobileapp/

Wine Prices by vintage
http://www.winezap.com
http://www.wine-searcher.com/

This Day in 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 under the leadership of Sir Richard Grenville and Sir Ralph Lane. The first 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 Netherlands 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 
    1849 – Poet Emma Lazarus (d. 1887) was born in NYC.  She is best known for "The New Colossus", a sonnet written in 1883; its lines appear inscribed on a bronze plaque in the pedestal of the Statue of Liberty.
    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 a 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, 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.  She also 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.
    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 
    1909 - For the first of four times in his career, Ty Cobb stole second base, third, and home in an inning, doing it in the 7th against Red Sox.
    1915 - Birthday of trumpet player/singer Taps Miller, born Marion Joseph Miller, Indianapolis, IN.  He gained fame in the late 1930's and 40’s as a dancer in stage productions as well as a sideman in several big bands including two stays with Count Basie's organization (1942 and 1947-49) as a singer and trumpet player. He lived in France for some time after the tour; the details of his later life are unknown. 
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.
    1923 – Former Kansas Senator (1969-96) Robert Dole was born in Russell, KS.  Dole was a lieutenant in the Army during World War II and was seriously wounded during fighting in Italy. His recuperation from almost total paralysis took nearly four years and, despite three major operations, he was left without the use of his right arm and hand.  He twice served as Senate Majority Leader, was President Ford’s Vice President, and was the Republican presidential nominee that lost to Bill Clinton in 1996. 
    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 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. 
    1934 - Birthday of tenor sax player Herman “Junior” Cook (d. 1992), 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 (d. 1988), 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.  The Judicial Procedures Reform Bill of 1937 (frequently called the "court-packing plan") was a legislative initiative proposed by FDR to add more justices to the Supreme Court. Roosevelt's purpose was to obtain favorable rulings regarding New Deal legislation that the court had ruled unconstitutional.  The central provision of the bill would have granted the President power to appoint an additional Justice to the U.S. Supreme Court, up to a maximum of six, for every member of the court over the age of 70 years and 6 months.
    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 (d. 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, and #4 in the UK.  Among the backup vocalists on the recording:  Sonny and Cher, Nino Tempo, Darlene Love, and Leon Russell on the keyboards.
    1944 - Albert Walter “Sparky” Lyle was born in DuBois, PA.  Lyle pitched sixteen years in the Majors, solely in relief, and won the 1977 AL Cy Young Award with the Yankees (the first AL reliever to do so).  He was one of the best-known relievers of his era. For the 1978 season, the Yankees acquired free-agent closer Goose Gossage, making Lyle redundant a year after winning the Cy, and was traded after the 1978 season.  Overall, he held a World Series ERA of 1.73 having been on three World Series winners.
   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.
    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.  Mantle was a shortstop when he was originally signed by scout Tom Greenwade. 
  1954 - 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 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, which instituted the service 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, 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 and remains the host while now battling stage 4 cancer.
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.  Although he was diagnosed with borderline personality disorder, schizotypal personality disorder, and a psychotic disorder, Dahmer was found to be legally sane. He was convicted of 15 of the 16 murders he had committed and was sentenced to 15 terms of life imprisonment on February 15, 1992.  On November 28, 1994, Dahmer was beaten to death by a fellow inmate.
    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.
    2017 – 10 people died in an overheated trailer in a Walmart parking lot in San Antonio, Texas in human-trafficking incident.