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Wednesday, June 27, 2012
Today's Equipment Leasing Headlines
Archives---June 27, 2002
Centerpoint Financial, Denver, Colorado
Classified Ads---Senior Management
Fort Collins, Colorado Fire
by Gary Souverein, Pawnee Leasing
Court(s) Update
by Christopher Menkin
Classified Ads---Help Wanted
New Leasing Business Steady
with Charts
CRE loans break downward streak
The 7 Safest Banks in America
24/7 Wall Street Wire
Anixter Inc. Chooses US Capital Corporation
as Their Preferred Leasing Partner
Direct Capital Passes $225 Million Mark
Pug/Beagle Mix
Crystal Lake, Illinois
Classified ads—Credit
News Briefs---
Colorado Wildfires Threaten Hotels, Force Evacuations
32,000 evacuated in fast-moving Colorado Springs wildfire
Bank bailout to spark firesale of corporate Spain
Judge hands Apple major win in patent feud with rival Samsung
Debby weakens, but Fla. still faces flooding risk
Broker/Funder/Industry Lists |
Features (collection)
Top Ten Stories Chosen by Readers |
Top Stories last six months
You May Have Missed
SparkPeople--Live Healthier and Longer
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[headlines]
--------------------------------------------------------------
Archives---June 27, 2002
Centerpoint Financial, Denver, Colorado
“You can make all the assumptions you want, but just leave me out of this!” Gordon Roberts, president of Centerpoint exclaimed.” I have a business to run!”
---
That was exactly the question Leasing News was going to ask. “Is the company still operating?” We understand Chuck Brazier has not been on the “payroll,” but has been working at the behalf of John Otto. When we called the Denver office, we were told he was no longer there. Leasing News then asked to speak to Gordon Robert, who we have been trying to get a comment for over a month. The operator did not ask our name, so we got through. Gordon Roberts was not a happy camper.
Reportedly several companies had been talking to John Otto, the major investor, regarding buying the portfolio, servicing the portfolio, helping out with leases not funded, the return of advance rentals, but it appears Gordon Roberts is still at the helm.
March, 2002, Leasing News reported difficulties with the portfolio and relationship with their, bank, but denied by both John Otto and Gordon Roberts. Thirty days ago they stopped funding approved leases “in house. “ They then told brokers they could not fund their deals that were approved or were in the process of funding. . Chuck Brazier sent out faxes and faced the situation forthright as Director of Marketing.
For the full story, go to (1)
Many people expressed support for the way Chuck Brazier handled the situation.
Here are additional comments that were received after the series of stories:
“I have been out of the office and wanted to respond to the Centerpoint situation.
“I have also had the privilege of knowing Chuck Brazier for over 18 years from our days at CPLC. He has always been a person of high character and integrity, and having been through a business closing myself, I know how hard it is to step up and put the needs of others, before your own.
“I also have known Gordon Roberts for many years. Though not a lot of information has been released regarding this situation, I do hope he will be able to "set the record straight" in the near future. These situations do not always allow immediate disclosure or statements to be released, so we need to exercise patience. The real story will always come out in the end---good or bad.
“Finally, I would like to comment on how the small ticket lessor and broker community has stepped in and funded/placed some of the already sactions and backlog from Centerpoint. Even though it is a source of new business for many, this willingness to "step-in" displays this industries long-running commitment to providing the highest level of customer service, even in not so positive circumstances.
How an industry reacts when times are "tough" reflects their commitment towards service and performance.”
John Rosenlund, CLP
jrosenlund@finpac.com
--
“I have known Chuck Brazier for nearly 20 years who is one heck of a guy. A true leasing professional! While others might not or did not return calls, Chuck made sure to call, e-mail & fax updates. I wish him the best of luck & hopefully he will stay in an industry that he is well respected and admired.”
Barry Litt
litt2@airmail.net
-----
“Ditto to all the positive comments about Chuck Brazier. He's a class act!”
Jeff Rudin
jrudin@quailcap.com
Quail Leasing
----
I was in the leasing industry for 27 years before I decided to pursue another venue of business. During that time, I met and established business acquaintances, friends and perhaps some enemies.
The one thing I can emphatically say with certainty and forthrightness, is Chuck Brazier is perhaps the most honest and sincere person I have ever met in the business and leasing world. I can say with certainty his efforts to arrange alternative financing for the brokers in the market for whom Centerpoint has approved a deal is limitless.
Chuck Williams
---
“I have known Chuck for many years. I worked with him at Colonial Pacific Leasing. Chuck was my boss at one point and he is one of the most professional and honorable men I know. I respect him a great deal and am very pleased to have worked with him.“
Renée Johnson CLP
renee.johnson@nwcsolutions.com
Northwest Capital Solutions, Inc.
-------------------------------------
Eventually what had happened resulted in:
Gordon R. Roberts Convicted of Theft
http://www.leasingnews.org/archives/August%202005/8-10-05.htm#theftnvicted of Theft
(1)
Centerpoint Stories:
http://www.leasingnews.org/Conscious-Top%20Stories/CENTERPOINT_stories.htm
((Please Click on Bulletin Board to learn more information))
(Leasing News provides this ad “gratis” as a means
to help support the growth of Lease Police)
[headlines]
--------------------------------------------------------------
Classified Ads---Senior Management
(These ads are “free” to those seeking employment or looking
to improve their position)
Europe
25+ yrs exper. management roles Chase, AT&T Capital, Heller Financial, SFS. Develop biz from “scratch to success”. Looking for challenging & pioneering job.
Email: frans@alliedproperty.net |
Philadelphia, PA
27 yrs. exp. sales, ops., credit, strategy, P&L mngmet. Most recently created & executed the biz plans for 2 highly successful Bank-owned small ticket leasing subsidiaries.
email: mccarthy2020@comcast.net |
Southern CA
20 years exp. as hands-on leasing CFO, managing accounting, treasury, FP&A, including securitizations, Great Plains/FRx, budgets, risk management. MBA. Also available as interim Controller/CFO, consultant.
Email: leasecfo@gmail.com |
Free Posting for those seeking employment in Leasing:
http://www.leasingnews.org/Classified/Jwanted/Jwanted-post.htm
All “free” categories “job wanted” ads:http://www.leasingnews.org/Classified/Jwanted/Jwanted.htm
[headlines]
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Fort Collins, Colorado Fire
by Gary Souverein, Pawnee Leasing
(SW of Fort Collins)
It has been an interesting couple of weeks with what has turned out to be our states most destructive fire...about 90,000 acres and over 250 homes lost and latest reports had the fire about 50% contained.
The photos attached I took this past weekend. The first is several miles SW of Fort Collins which shows the plume of smoke coming from the mountains and settling down into town and surrounding area.
(West of Pawnee Office)
The 2nd photo is about 2 miles due west of our office just over the nearest foothills. The body of water is Horsetooth Reservoir and marked as far east as the fire could come.
While it looks like a fog settled in the hills, that's actually smoke from the smoldering fires from the previous days as far, looking north (to the right in the photo), as we could see. There's no expected danger to Fort Collins and the fire area growth is only expected to be away from our community at this stage.
Unfortunately, Mother Nature is not cooperating as we're experiencing record heat with numerous consecutive days over 100 degrees, no rain and little let-up in sight.
Gary@pawneeleasing.com
Gary Souverein
President & COO
Pawnee Leasing
[headlines]
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Court(s) Update
by Christopher Menkin
Operation Lease Fleece---
This has been going on for over four years, with many sentences, but a few left, including the key players, founders of CapitalWerks/Preferred Leasing: Mark McQuitty, sentencing re-set for September 24, 2012 and James Reader re-set for September 10, 2010.
This would be the most requested for latest information, much of it from "victims" as well as past employees, who tell me things like:
“Two stories:
"1. I did a lease for $150,000 promotional trailer for a company and it was supposed to have a 10% option. I was given the packet to go get it signed and didn't really review it. The customers really liked me, were young and we got along great. We had lunch, they signed and when I got back Mark told me they had slid in a 100% PUT instead of the 10% buyout because they knew the clients liked me so much. Before I could say or do a thing, he took the Put, placed it in his desk and said, ‘I can’t wait to see the prick’s face in five years’
"2. One of the sales people made a fake fire alarm and above it the note said ‘In case of 60 Minutes Please Pull Here’ so if anyone ever tries to tell you that they were an innocent party they may not have done a crooked deal but they sure knew that there were a lot going on, and I guarantee you everyone pushed the envelope at least once.
"Again, please keep my name out of this but I appreciate the news."
Sheldon Player--Equipment Acquisition Resources
Vendors who were not paid call the most to find out what is happening, as well as readers wondering why Sheldon Player is not in jail. In the last installment, the founder of Equipment Acquisition Resources, Palatine, Illinois, Sheldon Player, had a judgment against him from the bankruptcy trustee in the amount of $18,323,404 plus costs of $275.00 against for his failure to appear and to file responsive pleading to Plaintiff's Complaint, and for any additional relief this Court deems necessary.
It was suspected he was still at Twin Mountain River Ranch, Wyoming, serving breakfast at this "Bed and Breakfast" small resort. The trustee could not find him to serve him, and the address on the court records of 454 N. Aberdeen St. Apt. 2S, Chicago, IL 60642 is a condo address.
Real estate records show that Sheldon sold it to E.A.R. in October 27, 2009. E.A.R. filed for bankruptcy on October 23, 2009. I doubt the trustee is going to let Sheldon stay in that condo? But it does show they are still the owners on upper right hand corner. And that is the legal address on the E.A.R. bankruptcy filing.
What makes it stranger is all the other condo's both he and Donna Malone owned, some sold, some still in tack:
http://chicago.blockshopper.com/property/17082470301008/454_n_aberdeen_unit_3n/
http://chicago.blockshopper.com/search?f=seller&q=Sheldon+Player
http://chicago.blockshopper.com/search?f=buyer&q=Equipment+Acq+Resources+Inc
The bankruptcy itself has been settling claims, and regarding the dispute with the IRS over taxes paid, but the trustee says owed to the E.A.R. and therefore to the creditors, has a July 30, 2012 status hearing.
IFC Credit---Rudy Trebels aka Rudolph Trebels
Most calls are to let me know he is still in the leasing business, and putting deals together.
As to the bankruptcy two cases, looks like they may be merged:
IFC Credit Corporate and Leibowith and Trebels;
Notice of Motion and Motion to Shorten Notice and Substantively Consolidate Debtor with Non-Debtor Affiliated Entities Filed by David P. Leibowitz Hearing scheduled for 6/28/2012 at 10:30 AM at 219 South Dearborn, Courtroom 680, Chicago, Illinois 60604
The other active case naming Trebels as an individual basically appears to be waiting for the outcome of the bankruptcy:
Coactiv Capital Partners, Inc.
"MINUTE entry before Honorable Elaine E. Bucklo: Status hearing held on 4/25/2012. Stay in place. Status hearing set for 1/25/2013 at 09:30 AM. Mailed notice (ca.)"
HL Leasing/John Otto
The http://johnottohlleasing.blogspot.com/ blog started May 14, 2009 has 1097 comments, most from the first two years, and even the emails and telephone calls to Leasing News have fallen off to zero. The last on the blog was May 21 as most of the communication in 2012 has been about the tax consequences, problems with the IRS, IRA accounts.
The two class action cases were won in Fresno, California, for those who joined. The judgment is against Heritage Leasing, MAC dba Heritage Leasing, Kathleen Otto and Air Fred for $114.5 million, plus $46.5 million against both Dan Ramirez and Andy Fernandez; $720,000 on top of that against Dan Ramirez.
Wednesday, May 9, 2012, Ara Jabagchourian and Aron K. Liang of Cotchett, Pitre & McCarthy, LLP and Donald Fischbach of Dowling, Aaron & Keeler, Inc began search for the assets. They are not only interested for those in the class action suit, but that is the basics of how they are being paid for their work for the trail and then finding what assets are available.
I should add not only are those involved in the IFC Credit and HL Leasing losing their interest in what is happening, but readers of Leasing News have the same attitude, as the stories are not well read in 2012 as they were in previous years. Player, yes, and McQuitty-Raeder, more seem to want to know what is going on.
Operation Lease Police news articles:
http://www.leasingnews.org/Conscious-Top%20Stories/Lease_Fleece.htm
Sheldon Player news articles:
http://www.leasingnews.org/Conscious-Top%20Stories/Sheldon_Player.htm
IFC Credit news articles:
http://www.leasingnews.org/Conscious-Top%20Stories/IFC_stories.htm
HL Leasing/Heritage Leasing news articles:
http://www.leasingnews.org/Conscious-Top%20Stories/heritage_leasing.htm
[headlines]
--------------------------------------------------------------
New Leasing Business Steady
with Charts
(Charts: Leasing News)
Despite the lack of confidence from Equipment Leasing and Finance Association (ELFA) member companies, as evidenced by the Equipment Leasing and Finance Foundation (ELFF) Report as well as the ELFA May, 2012 business report, leasing business has held steady as indicated by the above chart.
The ELFF Confidence level went from the last period in May of 59.2 to 48.5, quite a jump. Some of the comments in the press release:
Independent, Small Ticket
“[We’re] concerned about what impact Europe's problems and their banks may have on the U.S. economy.”
William H. Besgen,
President and COO,
Hitachi Capital America Corp.
Bank, Middle Ticket
“The future of the industry is good even with the changes on the horizon. The next few months will be challenging due to the political and global economic conditions.”
Elaine Temple,
President,
Bancorpsouth Equipment Finance
Independent, Large Ticket
“[It is] still to be determined. JP Morgan did us no favors. Europe [is] still choked with debt [which] will have a major impact on the U.S. The fast approaching budget/year end crisis for the U.S. will be last year all over again. Regardless of who is in the White House, the problem will not be dealt with.”
Anonymous
“MCI survey respondent Harry Kaplun, President, Frost Equipment Leasing and Finance, offered comments shared by others responding to the MCI survey, ‘Uncertainty is becoming more pronounced in the economy. International economic problems, U.S. unemployment, and potential political changes all contribute to a hesitancy to make major capital expenditures’.”
Perhaps the most optimistic came from
Independent, Micro Ticket
“The Equipment Leasing & Finance industry is doing well. However, the macroeconomic climate is unsettled which is muting our industry's growth.”
Paul Menzel,
President and CEO,
Financial Pacific Leasing, LLC
The ELFA May survey of its 31 member companies showed business was steady and as important, average losses were down, credit approvals were up, and the group reporting only had lost 21 employees.
ELFA May Charts
Aging of Receivables:
click to make larger
Average Losses (Charge-offs) as a % of net receivables
(Year Over Year Comparison)
click image to make larger
Credit Approval Ratios As % of all Decisions Submitted
(Year Over Year Comparison)
click image to make larger
Total Number of Employees
(Year Over Year Comparison)
click image to make larger
[headlines]
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Must be highly ethical, self starter with a good understanding of financials and able to produce immediately and consistently.
Generous commissions paid and benefits after initial trial period.
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Please see our Job Wanted section for possible new employees.
Send Leasing News to a Colleague. We are free!!! [headlines]
--------------------------------------------------------------
CRE loans break downward streak
By Robert Clark and Harish Mali
SNL Financial
U.S. commercial banks have broken their 13-quarter-long streak of falling commercial real estate loans. The industry saw an increase of $17.2 billion in CRE lending during the quarter ended March 31. Moreover, the delinquency rate continued to improve. Delinquent loans accounted for 6.25% of total CRE loans at March 31, compared to 9.09% a year ago and 6.74% at Dec. 31, 2011.
SNL examined 20 holding companies with greater than $100 million in CRE loans that had the highest CRE growth during the past year. Interestingly, several of the companies are not core-CRE lenders. Also, none of them had CRE concentration of greater than 300% of risk-based capital at March 31, so much of the CRE growth is coming from players with capacity to make more such loans.
Chicago-based BMO Financial Corp., a unit of Toronto-based BMO Financial Group, topped the list, as it more than tripled its CRE portfolio in the last 12 months to $8.2 billion. The company also has the largest CRE portfolio on the list.
The largest company by total assets is New York-based Goldman Sachs Group Inc. CRE loans, which account for less than 2% of its total loan portfolio, were $1.1 billion compared to $428 million a year ago. Most of that growth came from non-owner-occupied CRE and to a lesser extent, multifamily loans.
Asset quality is an issue at some of the CRE lenders. Mount Olive, N.C.-based Southern BancShares (N.C.) Inc. has the highest delinquency rate in its CRE portfolio among the holding companies on the list. More than one-third of those loans were delinquent at the end of the first quarter.
Gulfport, Miss.-based Hancock Holding Co. stands out among the CRE lenders, as a significant portion of its growth was purchased. The company completed its acquisition of New Orleans-based Whitney Holding Corp. in June last year.
Another high-growth CRE lender, Bond Street Holdings Inc Belmont, Mass.-based BSB Bancorp Inc. more than doubled its CRE portfolio compared to last year. It completed a mutual-to-stock conversion in October 2011.
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[headlines]
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The 7 Safest Banks in America
24/7 Wall Street Wire
24/7 screened for banks with a market capitalization of more than $2 billion. We further screened for banks whose share value is be less than 14 times earnings (P/E ratio). The share price to book value had to be less than 2.0. The bank had to have a minimum return on equity of 8%. To demonstrate how confident a candidate bank is, it had to pay its common holders a dividend yield of 2.0% or higher.
We also only chose financial institutions with an investment grade credit rating by ratings agencies, and Wall St. analysts had to value the bank’s share price above the current price. We also did not consider regional banks with fewer than 100 branches. All but one stock of the banks on our list trade above $10.00 per common share. We also gave preference if Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A) is an owner of the common shares.
1.
Wells Fargo & Company
Wells Fargo & Company (NYSE: WFC) is the undisputed safest bank in America, now that JP Morgan Chase & Co. (NYSE: JPM) has come under scrutiny — even if Chase has about $1 trillion more in assets. Wells Fargo has branches in almost every state in the United States, with some 6,200 storefront branches and more than 12,000 ATMs. The bank has an asset base of over $1.3 trillion. To prove how safe this bank is, Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-A) owns close to $13 billion worth of the common stock, and that stake keeps rising. The market cap is a whopping $171 billion. The shares trade at less than 9 times earnings and at almost 1.2 times book value. The return on equity is just above 12%, and the bank offers a 2.7% dividend yield to the common holders. While shares trade at around $32.50, Wall St. values the top bank at almost $38.00 per share.
2.
JP Morgan Chase & Co.
Despite the media attention surrounding the JP Morgan Chase & Co.’s (NYSE: JPM) multibillion dollar trading loss, the firm is still in good shape compared to many of its peers. It has a fortress like balance sheet, with about $2.3 trillion in assets, and CEO Jamie Dimon said the only risk to the bank’s failure is a collision of the earth and moon. Despite the share price decline following the trading loss, the company still has a sizable market cap of $135.17 billion. JP Morgan shares trade at less than 8 times earnings and only about 0.7 times book value. The return on equity is 9.8%, and the company pays a dividend yield of 3.4% on the common stock. While the bank shares are trading at just over $36, analysts value the company at $47 a share.
3.
U.S. Bancorp
U.S. Bancorp (NYSE: USB) is often overlooked as a money-center bank because it is a super-regional located in Minneapolis. It is the fifth-largest commercial bank in the U.S. and caters to millions of consumers. U.S. Bancorp has $341 billion in assets, more than 3,000 branch locations, more than 5,000 ATMs and its operations spread out over 25 states in America. Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-A) owns some 69 million shares worth more than $2.1 billion. The bank’s market cap is $59 billion. It is worth about 10 times earnings and 1.6 times book value. The return on equity is very high at 16%, and it offers a 2.5% dividend yield to the common holders. Shares are trading around $31.50, and Wall St. analysts have a target of about $34.25 on this great safe bank.
4.
M&T Bank Corporation
M&T Bank Corporation (NYSE: MTB) is based in Buffalo, N.Y., and now has more than $79 billion in assets. Excluding any small purchases made recently, M&T had nearly 700 branches, 2,000 ATMs and a presence in eight states. The market cap is $10.12 billion, its P/E ratio is 12.7 and its price-to-book value is only 1.07. M&T has a return on equity of 9.5% and pays out a dividend of 3.5% to common stockholders. The stock is trading just north of $80 a share, but analysts have set a target price of about $90. Berkshire Hathaway Inc. (NYSE: BRK-A) owns almost 5.4 million M&T Bank common shares worth more than $400 million.
5.
PNC Financial Services
PNC Financial Services (NYSE: PNC) is based in Pittsburgh and has almost $300 billion in assets, with more than 2,500 branches and almost 7,000 ATMs in 14 states. It has a market cap of $31.01 billion, and its stock is valued at 10.6 times earnings and at less than 0.9 times book value. The return on equity is 8.9%, and the company pays out a 2.73% dividend. Shares are trading at under $59, but Wall St. is eyeing a price of $70.50. PNC was even strong enough financially to close its National City acquisition at the end of 2008 when there was so much risk in the financial markets. PNC owns almost one-fourth of the great asset management firm of BlackRock Inc. (NYSE: BLK).
6.
KeyCorp
KeyCorp (NYSE: KEY) is the one exception to our rule about share prices under $10.00. Its other metrics more than make up for this exception. It has a market cap of just $7.12 billion against some $87 billion in assets. It operates in 14 states throughout the Rocky Mountain states, Northwest, the Great Lakes and the Northeast. It is impressive that KeyCorp is on the list, considering that it is headquartered in Cleveland, where many troubled loans arose. The bank has a return on equity of 9.2% and pays out a 2.7% dividend yield. Shares trade around $7.50 but have a target price of $9.00 from Wall St.
7.
BOK Financial Corporation
BOK Financial Corporation (NASDAQ: BOKF) is the smallest bank on the list, with a $3.8 billion market value and $26 billion in assets. The bank holding company is based in Tulsa, Ok., and its common branch names in other states are Bank of Albuquerque, Bank of Arizona, Bank of Arkansas, Bank of Kansas City, Bank of Oklahoma, Bank of Texas and Colorado State Bank and Trust. BOK is worth about 12.5 times earnings and is valued at 1.3 times book value. The return on equity is 11%, and it offers a 2.7% dividend yield to the common holders. Shares are trading around $56.00, and Wall St. analysts have a target above $59.00.
-Jon C. Ogg and Samuel Weigley
[headlines]
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Mr. Terry Winders available as a consultant regarding assisting attorneys in resolving disputes or explaining procedures or reviewing documents as utilized in the finance and leasing industry.
He is the author of several books, including DVD's, as well as weekly columnist to Leasing News. He also performs audits of leasing companies as an expert on documentation, and has acted as an expert witness on leasing for litigation in legal and tax disputes, including before the IRS. He also has taught the senior bank examiners, how to review a bank leasing department, for the Federal Reserve in Washington D.C. and has trained the examiners for the FDIC on how to prepare a lease portfolio for sale.
502.649.0488/Leaseconsulting@msn.com
|
(This ad is a “trade” for the writing of this column. Opinions
contained in the column are those of Mr. Terry Winders, CLP)
[headlines]
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#### Press Release #############################
Anixter Inc. Chooses US Capital Corporation
as Their Preferred Leasing Partner
CRYSTAL LAKE, Ill. –- United States Capital Corporation, provider of innovative commercial equipment financing and leasing solutions to businesses, is pleased to announce that Anixter has chosen US Capital to be its preferred leasing partner to offer innovative financial products to their customers in North America.
Anixter is the world’s leading distributor of communication products, electrical and electronic wire and cable and a leading distributor of fasteners and other small components. This publicly traded company provides over 450,000 products to its diverse customer base through a network of 225 strategically located distribution facilities worldwide.
"Having innovative financing and leasing programs is an important component of our customer experience because it offers flexibility for businesses to grow in these challenging times." said Steve Balk, Anixter’s Vice President of Global Shared Services. "By having these leasing solutions for our customers, we can better help them focus on making relevant purchasing decisions around topics which matter most ─ technologies, applications, and deployment considerations." With annual sales exceeding $6 billion, Anixter serves over 100,000 customers in over 50 countries.
John Hofmann,
CEO, US Capital
"US Capital is proud to support Anixter’s sales efforts by providing a variety of financial products including commercial equipment leasing" says John Hofmann, CEO of US Capital. "Since its founding in 1957, Anixter has had one common mission, which is to provide customized solutions that meet their customers’ diverse needs. US Capital has a similar mission, which is to provide a variety of custom financing solutions to help our customers achieve their growth objectives. Financial products are an important contributor to those objectives in any economic environment; today more than ever."
Since 1989, US Capital has been providing businesses with the financing they need for the equipment they want to operate their business. US Capital also provides custom finance programs to help companies sell their equipment to their customers. To follow US Capital online, visit their website: www.uscapcorp.com, visit their Facebook page, follow them on Twitter: www.twitter.com/uscapcorp, connect with them on LinkedIn or subscribe to their blog: www.uscapcorpblog.com.
About US Capital Corporation
Headquartered in Crystal Lake, IL, US Capital provides innovative commercial equipment financing and leasing solutions to businesses. It is a full service financial organization dedicated to providing both vendor finance programs and individual business transactions with progressive financing options for almost every equipment category to a wide variety of credit profiles.
About Anixter
Anixter Inc. is a leading global distributor of communication and security products, electrical and electronic wire and cable, fasteners and other small parts. The company adds value to the distribution process by providing its customers access to 1) innovative inventory management programs; 2) more than 450,000 products and over $1 billion in inventory; 3) approximately 225 warehouses with 7 million square feet of space; and 4) locations in over 260 cities in more than 50 countries. Founded in 1957 and headquartered near Chicago, Anixter trades on the New York Stock Exchange under the symbol AXE.
##### Press Release ############################
Direct Capital Passes $225 Million Mark
$225 million in new business volume in 2011. Direct Capital also earned the greatest year-over-year growth among the top five companies, with a 56.7% jump in new business volume.
“2011 was a terrific year for our company,” said Direct Capital CEO James Broom. “We placed extraordinary focus on providing a remarkable experience for our customers and partners and the net result was very strong growth in what is still a very challenging economic environment. I am proud of what our company has accomplished and we look forward to continuing to improve on our success.”
About Direct Capital
Established in 1993, Direct Capital provides financing for small- to mid-ticket equipment and technology purchases, working capital, and business loans.
The company is headquartered in Portsmouth, N.H. and operates offices in New York, California, and Georgia.
You can follow Direct Capital on Twitter at http://twitter.com/DirectCapital or subscribe to its PointBlank blog at http://blog.directcapital.com/
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Pug/Beagle Mix
Crystal Lake, Illinois
Rosie
Breed: Pug/Beagle Mix
Color: Tan/Yellow/Fawn
Age: Adult
Size: Small 25 lbs (11 kg) or less
Sex: Female
"I am already spayed, housetrained, up to date with shots, not good with dogs, and not good with cats."
Rosie's Story...
"Rosie is a sweet, happy-go-lucky girl who is often misunderstood and has a hard time making a good first impression. She tries but does not show her true personality when she is at the shelter. However, just take her far away from the other dogs and you will see just how sweet and personable she can be. When Rosie looks at you with her big expectant eyes and her big smile, she is hard to resist. Due to her love of food and dislike of other dogs, she is looking for a home without other animals or small children. Rosie ended up at the shelter through no fault of her own and has been waiting far too long for her forever home. If you are looking for a dedicated companion and best friend, please consider meeting our Rosie. She would love to meet you."
Contact This Shelter...
Shelter: Assisi Animal Foundation
Phone: (815) 455-9411
Let 'em know you saw "Rosie" on Adopt-a-Pet.com!
E-mail: adopt@assisi.org
Fax: (815) 455-9417
Website: http://www.assisi.org
Address: PO Box 143
Crystal Lake, IL 60039
Adopt-a-Pet by Leasing Co. State/City
http://www.leasingnews.org/Conscious-Top%20Stories/Adopt_Pet.htm
Adopt a Pet
http://www.adoptapet.com/
[headlines]
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Classified ads—Credit
Leasing Industry Outsourcing
(Providing Services and Products)
IRS
Retrieve/verify a corporation and personal tax information (1040, 1120, 1065) electronically directly from the source. Results delivered in 24-48 hours. 678-393-1988 Scott orsscher@recruitscreen.com
All "Outsourcing" Classified ads (advertisers are both requested
and responsible to keep their free ads up to date:
http://www.leasingnews.org/Classified/Outsourcing/Outsourcing.htm
How to Post a free "Outsourcing" classified ad:
http://www.leasingnews.org/Classified/Outsourcing/Outsourcing-post.htm
News Briefs----
Colorado Wildfires Threaten Hotels, Force Evacuations
http://smartmeetings.com/magazine/article/headline/colorado-wildfires-threaten-hotels-force-evacuations
32,000 evacuated in fast-moving Colorado Springs wildfire
http://www.cnn.com/2012/06/26/us/western-wildfires/index.html
Bank bailout to spark firesale of corporate Spain
http://www.reuters.com/article/2012/06/26/us-spain-banks-stakes-idUSBRE85P18D20120626
Judge hands Apple major win in patent feud with rival Samsung
http://business-news.thestreet.com/mercury-news/story/judge-hands-apple-major-win-patent-feud-rival-samsung/1
Debby weakens, but Fla. still faces flooding risk
http://news.yahoo.com/debby-weakens-fla-still-faces-flooding-risk-033035674.html
[headlines]
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You May Have Missed---
Oracle's Larry Ellison and the Winslows of Marin need to spin their lavish purchases
http://www.mercurynews.com/mike-cassidy/ci_20941767/cassidy-oracles-larry-ellison-and-winslows-marin-need?source=most_emailed
[headlines]
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SparkPeople--Live Healthier and Longer
SparkPeople--Live Healthier and Longer
Baffled by Bread? How to Choose the Best Loaf
http://www.sparkpeople.com/resource/nutrition_articles.asp?id=1215
[headlines]
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Sports Briefs----
College Football Playoff Approved for 2014 Season
http://www.nytimes.com/2012/06/27/sports/ncaafootball/four-team-college-football-playoff-approved.html?_r=1&hp
The BCS finally has a stake driven through its heart, but the bowls and the big bucks still reign
http://sports.yahoo.com/news/ncaaf--four-team-college-football-playoff-bcs-presidents-oversight-committee.html
[headlines]
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Baseball Poem
“In the family pictures,
my brother stands at the plate
forever waiting on a pitch,
my dad squats hy the dugout fence,
his chin resting on his hands;
somewhere beyond the eye or the camera,
I hold a huge scarlet plum behind my back,
left leg kicked high in a pitching motion,
as near to the spirit or the game
as I'd ever be.”
(with permission of the author from his book:
“Touching All the Bases”
Poems from Baseball
available from Amazon
or direct from the publisher at: www.mcfarlandpub.com |
Tim Peeler celebrates with candor and wit both the overlooked and the standout as he merges the topics of personal and baseball rediscovery. The poet reconsiders events and people from his adolescence, offering the reader new takes on old memories, gracefully relating the foibles of family and friends, and cataloging the heroic feats and tragic flaws of players he watched, read about — or merely imagined.
English lecturer, journal editor, essayist and poet, TlM PEELER lives in Hickory, North Carolina. He is a winner of the Jim Harrison Award for his contributions to baseball poetry.
[headlines]
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California Nuts Briefs---
Stockton official: Mediation with creditors fails
http://www.sacbee.com/2012/06/26/4590367/mayor-stockton-appears-headed.html
Measure that includes budget changes makes California ballot
http://blogs.sacbee.com/capitolalertlatest/2012/06/measure-that-includes-budget-changes-makes-california-ballot.html
ELLEN MICHELE STERN, ATTORNEY
Southern California
Free initial consultation
Nationwide network of providers and client base.
Twenty-six years of leasing expertise, ranging from front-end transactional through collections, equipment & judgment recovery. Results-oriented
Phone: 951.443.4000 or email:leaselaw@msn.com
California Finance Lenders’ License specialist |
[headlines]
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“Gimme that Wine”
http://www.youtube.com/watch?v=EJnQoi8DSE8
Snapping up vineyards
http://www.pressdemocrat.com/article/20120626/ARTICLES/206261007/1033/news?Title=Wineries-snapping-up-vineyards-
Alcohol Levels Play a Role in Wine Appreciation
http://www.winesandvines.com/template.cfm?section=news&content=102239
The Secrets of a Great Importer
http://online.wsj.com/article/SB10001424052702303836404577474851944704674.html
Louis Roederer now Champagne's biggest biodynamic producer
http://www.decanter.com/news/wine-news/530096/louis-roederer-now-champagne-s-biggest-biodynamic-producer
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/
Winery Atlas
http://www.carterhouse.com/atlas/\
Leasing News Wine & Spirits Page
http://two.leasingnews.org/Recommendations/wnensprts.htm
[headlines]
----------------------------------------------------------------
This Day in History
1564-the first painting of an American scene by a European painter was painted near what is now St. Augustine, FL, by Jacques Le Moyne de Morgues, a cartographer who accompanied the French Huguenot expedition to Florida under Rene Goulaine de Laudonniere. The work, title, “ Laudonnierus et Rex Athore ante Columnan a Praefecto Prima Navigattione Locatam Quamque Venerantur Floridenses, was painted in gouache and metallic pigments on vellum. It shows Laudonniere being welcomed by a party of Native Americans led by Chief Athore.
http://www.floridahistory.com/de-bry-plates/le-moyne-bio.html
http://aradergalleries.com/gallery/LeMoyne/lemoyne.htm
http://www.ibiblio.org/expo/1492.exhibit/full-images/outina.gif
http://pelotes.jea.com/leMoyne.htm
http://www.infoplease.com/ce6/people/A0829011.html
http://www.philaprintshop.com/debrytxt.html#Florida
http://www.castenmaps.com/america2.html
http://www.amazon.com/exec/obidos/ASIN/0714107379/avsearch-df1-2-20/
103-6066912-8633404
1776-the first execution by the Colonial Army took place at a field near Bowery Lane, New York City, in the presence of 20,000 persons, including an armed assembly of all the off-duty officers and men of four brigades.
A guard, Thomas Hickey, plotted with others to capture George Washington and deliver him to Sir William Howe. Hickey was tried, convicted, and hanged.
Ex-Governor Tyron was one of the 200,000 loyalist who returned to England. He had sent his wife there in 1775 with children and joined them in 1780
http://famousamericans.net/thomashickey/
http://www.factmonster.com/ce6/people/A0849552.html
http://www.tryonpalace.org/pages/classpgs/d1_footpg.html
1780 - The Battle of Rantowle’s Bridge. Two companies of British Light Infantry, American Loyalist Volunteers, and one company of Dragoons, crossed at Rantowle's in scows; the rest of the army crossed yesterday. Col. Hamilton, of the North Carolinians, and Dr. Smith, of the Hospital, proceeding about a mile in front of the army, to Gov. Rutledge's house, were immediately surrounded by three hundred Continental Light Horse, and they consequently made prisoners. The British Dragoons fell in with them soon after, and had a skirmish; the Rebels soon gave way. Qr. Master Sergeant McIntosh, of the Georgia Dragoons was badly wounded in the face by a broadsword. Several Dragoons of the Legion were wounded. How many of the Rebels got hurt we can't learn; but they did not keep up the combat long enough for many to receive damage. This morning, Capt. Saunders, who came in with the flag on the 24th, was sent out; his attendant, Capt. Wilkinson, not being mentioned in the body of the flag, is detained as a prisoner of war. We took up our ground on Gov. Rutledge's plantation, about one mile from his house, where we remained all night.
1829-The Smithsonian Institute is born from an endowment.
In Genoa, Italy, English scientist James Smithson dies after a long illness, leaving behind a will with a peculiar footnote. In the event that his only nephew died without any heirs, Smithson decreed that the whole of his estate would go to "the United States of America, to found at Washington, under the name of the Smithsonian Institution, an Establishment for the increase and diffusion of knowledge." Smithson's curious bequest to a country that he had never visited aroused significant attention on both sides of the Atlantic. The gift turned out to be $500,000, quite a bit of money in its day.Congress agreed that the bequest would support the creation of a museum, a library, and a program of research, publication, and collection in the sciences, arts, and history.
John Smithson, the Smithsonian Institution's great benefactor, is interred in a tomb in the Smithsonian Building.
(lower half of: http://memory.loc.gov/ammem/today/jun27.html )
1833- Prudence Crandall, a white woman, arrested for conducting an academy for black females at Canterbury Conn
http://www.state.ct.us/emblems/heroine.htm
http://skyways.lib.ks.us/history/crandall.html
1836 - In a disastrous setback for the Texans resisting Santa Anna's dictatorial regime, the Mexican army defeats and executes 417 Texas revolutionaries at Goliad. More than 400 men were executed that day at Goliad. Ironically, rather than serving to crush the Texas rebellion, the Goliad Massacre helped inspire and unify the Texans. Now determined to break completely from Mexico, the Texas revolutionaries began to yell "Remember Goliad!" along with the more famous battle cry, "Remember the Alamo!" Less than a month later, Texan forces under General Sam Houston dealt a stunning blow to Santa Anna's army in the Battle of San Jacinto, and Texas won its independence.
1841- Agnes Irwin - U.S. educator, Dean of Radcliffe who created a program for awarding doctorate degrees to women in conjunction with Harvard University and built Radcliffe's first gymnasium, library, and dormitories. At the resignation of President Elizabeth Agassiz, a man was appointed president of Radcliffe instead of Irwin. It was a painful snub but it is a living example of the prejudice shown to women. Radcliffe was the Harvard-attached women's college. It would be almost 70 more years before the seven sister all- women colleges would all have women deans and presidents. Radcliffe has since been fully integrated with Harvard.
1844-Joseph Smith, Jr., the founding prophet of The Church of Jesus Christ of Latter-day Saints and his brother Hyrum were shot to death by an armed mob in Carthage, IL. At the time, Joseph Smith was the presidential candidate of the National Reform Party, the first US presidential candidate to be assassinated.
His candidacy was advocated by the church’s Council of Twelve. The National Reform Party confirmed the nomination in a state convention at Nauvoo, Il. on May 17, with Sidney Rigdon of Pennsylvania as his running mate. Smith and his brother were killed when a mob shot him after breaking into the jail at Carthage, Il., where he was confined awaiting trial on charges brought against him by his personal enemies and by seceders from the church.
1859- The melody of probably the most often sung song in the world, “Happy Birthday to You,” was composed by Mildred J. Hill, a schoolteacher born this day at Louisville, KY. Her younger sister, Patty Smith Hill, was the author of the lyrics which were first published in 1893 as “Good Morning to All,” a classroom greeting published in the book Song Stories for the Sunday School. The lyrics were amended in 1924 to include a stanza beginning “Happy Birthday to You.” Now it is sung somewhere in the world every minute of the day. Although the authors are believed to have earned very little from the song, reportedly it later generated about $1 million a year for its copyright owner. The song is expected to enter public domain upon expiration of copyright in 2010. Mildred Hill died at Chicago, IL, June 5,1916 without knowing that her melody would become the world’s most popular song.
June 27,1861
http://www.newadvent.org/cathen/15551a.htm
1861-the first Union naval officer killed in the Civil War was Captain James Harmon Ward of the Thomas Freeborn, who landed at Mathias Point, VA, on the Potomac River about 50 miles south of Washington, DC, with about 35 men and 250 sandbags to erect breastworks to unload a cannon. They were surprised by 1,500 infantrymen, who attached them and drove them off. Ward was hit in the breast by a Minie ball and died from an internal hemorrhage. He had been appointed on May 16, 1861, to command the Potomac flotilla.
http://suvcw.org/mollus/art009.htm
http://www.usna.edu/InfoTech/ward_hall.htm
1862- May Irwin birthday - U.S. singer-actor. She popularized ragtime with such songs "After the Ball" and "A Hot Time in the Old Town Tonight."
1874 - Using new high-powered rifles to devastating effect, 28 buffalo hunters repulse a much larger force of attacking Indians at an old trading post in the Texas panhandle called Adobe Walls. These white buffalo hunters, who had already greatly reduced the once massive herds, continued to hunt in the territory. By the early 1870s, Commanche, Kiowa, and Cheyenne hunters were finding it harder to locate buffalo, and they blamed the illegal white buffalo hunters. When the federal government failed to take adequate measures to stop the white buffalo hunters, the great chief Quanah Parker and others began to argue for war. In the spring 1874, a group of white merchants occupied an old trading post called Adobe Walls near the South Canadian River in the Indian's hunting territory. The merchants quickly transformed the site into a regional center for the buffalo-hide trade. Angered by this blatant violation of the treaty, Chief Quanah Parker and Lone Wolf amassed a force of about 700 Commanche, Kiowa, and Cheyenne braves. On this day in 1874, the Indians attacked Adobe Walls. Only 28 hunters and traders occupied Adobe Walls, but they had two advantages over the Indians: the thick walls of the adobe structure were impenetrable to arrows and bullets, and the occupants had a number of high-powered rifles normally used on buffalo. The huntersýý .50 caliber Sharps rifles represented the latest technology in long-range, rapid firing weaponry. Already skilled marksmen, the buffalo hunters used the rifles to deadly effect, decimating the warriors before they came close enough even to return effective fire. On the second day of the siege, one hunter reportedly hit an Indian warrior at a distance of eight-tenths of a mile. Despite their overwhelmingly superior numbers, after three days the Indians concluded that Adobe Walls could not be taken and withdrew. The defenders had lost only four men in the attack, and they later estimated that the Indians had lost 13. Enraged by their defeat, several Indian bands subsequently took their revenge on poorly defended targets. Fearful settlers demanded military protection, leading to the outbreak of the Red River War. By the time the war ended in 1875, the Commanche and Kiowa had been badly beaten and Indian resistance on the Southern Plains had effectively collapsed.
1896—A kiss in a film brought demands for movie censorship.
1864 --Atlanta Campaign-Battle of Kennesaw Mountain
http://ngeorgia.com/travel/kennesawmtn.html
http://www.cviog.uga.edu/Projects/gainfo/batkenne.htm
1869- Emma Goldman birthday - Russian-born American anarchist and labor leader who renounced violence as a method for social change. Known in the press as "Red Emma," she was arrested several times and imprisoned for speaking out on subjects frowned on by the government, especially birth control. Her feminist stand on birth control, working conditions, free love (consensual love between two adults without coercion of church or state), and her opposition to child labor got her into more trouble with authorities than her anarchy and fiery speeches to unemployed workers. She edited the magazine Mother Earth that advocated extensive social change. She opposed the U.S. entry into World War I and was sentenced to five years in prison for opposing conscription. To get rid of her, the U.S. government canceled HER EX-HUSBAND's citizenship and said that the nullification of HIS citizenship automatically canceled hers because a U.S. married woman could only hold American citizenship in her husband's name. (At the time, native-born U.S. women LOST their citizenship if they married a man who was not native- born!) She was deported to Russia along with a large number of others but she left there to tour Europe and Canada speaking out on issues concerning the poor, the working classes, and women. She was also an advocate of European and British authors. She spoke and wrote in support of a number of the new writers including Ibsen and Shaw. She was bisexual.
http://sunsite.berkeley.edu/Goldman/
http://sunsite.berkeley.edu/Goldman/Guide/
1872- birthday of African-AmericanPaul Laurence Dunbar, poet and novelist.
http://memory.loc.gov/ammem/today/jun27.html
1880- Helen Keller born - an icon of the human spirit. HK was struck blind and deaf at 19 months old by scarlet fever. She learned to communicate with the world through the efforts of Anne Sullivan who helped her develop into the most admired woman in the history of the U.S. - or the world. She became a world-wide advocate for the blind and handicapped by communicating through a system of tapping into the palm of Sullivan and vise versa. She graduated cum laude from Radcliffe with Sullivan at her side translating. (One wonders why Sullivan didn't get some recognition since everything Keller did had to go through Sullivan from being her ears to recording her thoughts.)
http://www.afb.org/info_document_view.asp?documentid=1351
http://www.time.com/time/time100/heroes/profile/keller01.html
http://www.afb.org/info_documents.asp?collectionid=1
1888- Birthday of Antoinette Perry . She directed nearly 30 plays on Broadway including The Barrett's of Whimple Street and the even more famous Harvey. She established the American Theatre Wing in 1947. The Wing now names its annual awards for excellence in theater in her honor, recognizing her as one of the most influential people in the history of American theater. The Antoinette Perry Awards are popularly known as "The Tony.”
http://womenshistory.about.com/library/prm/bltonyaward1.htm
1893-Birthday of Crystal Dreda Bird Fauset, American race relations specialist, state legislator, and first black woman elected to a U.S. State legislature (Pennsylvania 1938). She helped create the Swarthmore College Institute of Race Relations (1933).
1901 - There was a rain of fish from the sky at Tiller's Ferry. Hundreds of fish were swimming between cotton rows after a heavy shower.
1912-Birthday of Min Okubo - award winning U.S. artist of Japanese descent was interned in 1942. She founded the literary magazine Trek with other internees. She illustrated the special Fortune magazine issue on Japan, exhibited drawings and paintings from the Japanese relocation camps, and published Citizen 13660 (1946) about her experiences in the camps. Major retrospect’s of her work have been held on both coasts.
1912 - In Washington, D.C., Helen Taft, wife of President William Taft, and the Viscountess Chinda, wife of the Japanese ambassador, plant two Yoshina cherry trees on the northern bank of the Potomac River, near the Jefferson Memorial. The event was held in celebration of a gift, by the Japanese government, of 3,020 cherry trees to the U.S. government.
1915 The temperature at Fort Yukon AK soared to 100 degrees to establish a state record.
1923-June 27, Elmo Hope Birthday http://members.tripod.com/~hardbop/ehope.html
http://page.freett.com/basiemusic/elmo-hope.html
Feast day for Saint Peter and Saint Paul . Commemorates dual martyrdom of Christian apostles Peter (by crucifixion) and Paul (by beheading) during persecution by Roman Emperor Nero. Observed since third century.
1924- cowgirl yodeler Rosalie Allen was born in Old Forge, Pennsylvania. Popular throughout the 1940's and '50s, Allen had hits with "I Want to Be a Cowboy's Sweetheart" and "He Taught Me How to Yodel." She was often teamed with another legendary yodeler, Elton Britt. Their record hits together included "Quicksilver" and "The Yodel Blues."
1927-birthday of pianist Johnny “Big Moose” Walker, Stoneville, MS
http://www.storm.ca/~moparman/bmw.shtml
1930-birthday of H. Ross Perot, philanthropist, businessman, 1992 and 1996 presidential candidate, born Texarkana, TX.
http://www.perot.org/
1940-Cab Calloway Band with Chu Berry cuts “Ghost of a Chance.”
1940 - The Germans set up two-way radio communication in their newly occupied French territory, employing their most sophisticated coding machine, Enigma, to transmit information. The Germans set up radio stations in Brest and the port town of Cherbourg. Signals would be transmitted to German bombers so as to direct them to targets in Britain. The Enigma coding machine, invented in 1919 by Hugo Koch, a Dutchman, looked like a typewriter and was originally employed for business purposes. The German army adapted the machine for wartime use and considered its encoding system unbreakable. They were wrong. The Brits had broken the code as early as the German invasion of Poland and had intercepted virtually every message sent through the system. Britain nicknamed the intercepted messages Ultra.
1941-- Quebec singer and songwriter Jacques Michel, in Ste-Agnes de-Bellecombe.
1942 - The FBI announced the capture of eight Nazi saboteurs who had been put ashore from 2 submarines, one off New York’s Long Island and the other off of Florida. The men were tried by a military court and 6 were secretly executed in a DC jail. Ernest Burger and George Dasch were sentenced to 30 years in prison for their help in revealing the plot. They were pardoned in 1948 by Pres. Truman.
1942-- Canadian composer, arranger and pianist Frank Mills was born in Montreal. Mills first gained notice as the pianist for the pop group, the Bells, from 1969 to 1971. He wrote their hits "Stay Awhile" and "Fly, Little White Dove, Fly." Mills gained international stardom when his 1978 LP and single "Music Box Dancer" were awarded gold records in Canada and the US. As well, sheet music sales of "Music Box Dancer" approached one-million.
1949--- Gene Autry records "Rudolph The Red-Nosed Reindeer"
1949- “Captain Video” premiered on the Dumont network. It was the first and longest running of several TV space shows. It was created, produced, and written by my father Lawrence Menkin, who also was program manager. He also created “Hands of Mystery” and “Harlem Detective”, the first Black television
Show ( in 1954 he was the producer of the first coast to coast television show on NBC, employing the first Black TV writer.) Captain Video was set in the 22nd century and starred Richard Coogan as Captain Video, a human who led a squad of agents (the Video Rangers) fighting villains from their own and other worlds. Al Hodge later replaced Coogan. and the show moved to NBC. My father often played the music to the series, “The Planets,” at home and brought it to his series. Also on the show were Don Hastings and Hal Conklin, with Ernest Borgnine, Jack Klugman and Tony Randall as guest villains. A second series, “The Secret Files of Captain Video,” began in 1953 but was discontinued in 1955, when my family moved to Pacific Palisades, California, where my father was hired by Ziv TV to write and be the editor for a number of television series, including “Highway Patrol” and later “Death Valley Days,” “Rawhide, “ “ Perry Mason,” and “Bonanza,” among many others. It was common when he was either the executive producer or story editor that he would write under another name as he felt other writers might thing he was a “hog.” James Cadigan was the program manager of the Dumont Network and often named as the producer.
http://slick-net.com/space/video/rugani/index.phtml
1950-U.S. forces were ordered to Korea by President Harry S. Truman to help South Korea repel the North Korean invasion. The president received the approval of Congress for his action and the UN Security Council adopted a U.S. resolution for armed intervention.
1953-CHARETTE, WILLIAM R. Medal of Honor
Rank and organization: Hospital Corpsman Third Class, U.S. Navy Medical Corpsman serving with a marine rifle company. Place and date: Korea, 27 March 1953. Entered service at: Ludington, Michigan. Birth: Ludington, Mich. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty in action against enemy aggressor forces during the early morning hours. Participating in a fierce encounter with a cleverly concealed and well-entrenched enemy force occupying positions on a vital and bitterly contested outpost far in advance of the main line of resistance, HC3c. Charette repeatedly and unhesitatingly moved about through a murderous barrage of hostile small-arms and mortar fire to render assistance to his wounded comrades. When an enemy grenade landed within a few feet of a marine he was attending, he immediately threw himself upon the stricken man and absorbed the entire concussion of the deadly missile with his body. Although sustaining painful facial wounds, and undergoing shock from the intensity of the blast which ripped the helmet and medical aid kit from his person, HC3c. Charette resourcefully improvised emergency bandages by tearing off part of his clothing, and gallantly continued to administer medical aid to the wounded in his own unit and to those in adjacent platoon areas as well. Observing a seriously wounded comrade whose armored vest had been torn from his body by the blast from an exploding shell, he selflessly removed his own battle vest and placed it upon the helpless man although fully aware of the added jeopardy to himself. Moving to the side of another casualty who was suffering excruciating pain from a serious leg wound, HC3c. Charette stood upright in the trench line and exposed himself to a deadly hail of enemy fire in order to lend more effective aid to the victim and to alleviate his anguish while being removed to a position of safety. By his indomitable courage and inspiring efforts in behalf of his wounded comrades, HC3c. Charette was directly responsible for saving many lives. His great personal valor reflects the highest credit upon himself and enhances the finest traditions of the U.S. Naval Service.
1953--HAMMOND, FRANCIS C. Medal of Honor
Rank and organization: Hospital Corpsman, U.S. Navy, attached as a medical corpsman to 1st Marine Division. Place and date: Korea, 26-27 March 1953. Entered service at: Alexandria, Va. Birth: Alexandria, Va. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty as a HC serving with the 1st Marine Division in action against enemy aggressor forces on the night of 26-27 March 1953. After reaching an intermediate objective during a counterattack against a heavily entrenched and numerically superior hostile force occupying ground on a bitterly contested outpost far in advance of the main line of resistance. HC Hammond's platoon was subjected to a murderous barrage of hostile mortar and artillery fire, followed by a vicious assault by onrushing enemy troops. Resolutely advancing through the veritable curtain of fire to aid his stricken comrades, HC Hammond moved among the stalwart garrison of marines and, although critically wounded himself, valiantly continued to administer aid to the other wounded throughout an exhausting 4-hour period. When the unit was ordered to withdraw, he skillfully directed the evacuation of casualties and remained in the fire-swept area to assist the corpsmen of the relieving unit until he was struck by a round of enemy mortar fire and fell, mortally wounded. By his exceptional fortitude, inspiring initiative and self-sacrificing efforts, HC Hammond undoubtedly saved the lives of many marines. His great personal valor in the face of overwhelming odds enhances and sustains the finest traditions of the U.S. Naval Service. He gallantly gave his life for
1954---Top Hits
Little Things Mean a Lot - Kitty Kallen
Three Coins in the Fountain - The Four Aces
Hernando’s Hideaway - Archie Bleyer
I Don’t Hurt Anymore - Hank Snow
1957 - Hurricane Audrey smashed ashore at Cameron, LA, drowning 390 persons in the storm tide, and causing 150 million dollars damage in Texas, Louisiana and Mississippi. Audrey left only a brick courthouse and a cement-block icehouse standing at Cameron, and when the waters settled in the town of Crede, only four buildings remained. The powerful winds of Audrey tossed a fishing boat weighing 78 tons onto an off-shore drilling platform. Winds along the coast gusted to 105 mph, and oil rigs off the Louisiana coast reported wind gusts to 180 mph. A storm surge greater than twelve feet inundated the Louisiana coast as much as 25 miles inland. It was the deadliest June hurricane of record for the U.S.
1959-- West Side Story closes on Broadway after a record 732 performances.
1959-- Paul Anka, Frankie Avalon, and Edd "Kookie" Byrnes are the musical guests on ABC-TV's variety show Coke Time With Eddie Fisher.
1960-- Connie Francis' "Everybody's Somebody's Fool" hits #1
1961- Roy Orbison records "Candy Man"
1962-- ZZ Top's LP Fandango! is certified gold
1962-The American Football League conducted a special draft of veteran players to assist its two weakest teams, the Oakland Raiders and the Denver Broncos. In the league’s first two years, the Broncos had compiled a record of 7-20-1, and the Raiders were 8-20. The draft helped a bit. Denver finished 7-7 in 1962, but Oakland slipped to 1-13.
1962---Top Hits
I Can’t Stop Loving You - Ray Charles
The Stripper - David Rose
Palisades Park - Freddy Cannon
She Thinks I Still Care - George Jones
1963 ---Bill J Kramer & Dakotas record Lennon & McCartney "I Call Your Name
1964- Peter and Gordon's "World Without Love" reached number one on the Billboard Hot 100 chart. Paul McCartney wrote the song, but it was listed on the record under another name to see if a McCartney tune would be successful even if no one knew he had written it. At the time he composed "World Without Love," McCartney was courting Jane Asher, the sister of Peter Asher, one- half of Peter and Gordon.
1964- Jan and Dean release "The Little Old Lady From Pasadena"
1964:--The Drifters' "Under The Boardwalk" enters the charts
1966 - No. 1 Billboard Pop Hit: ``Strangers in the Night,'' Frank Sinatra.
1967--The Drifters' last Top 10 hit, "Under the Boardwalk" enters the Hot 100, where it will peak at #4.
1967-Jan And Dean's "The Little Old Lady From Pasadena" was released. It will climb to #3 in the US by August.
1968- As part of the filming of what would become known as his "'68 Comeback" TV special, Elvis Presley and his band tape an informal jam session on center stage at NBC's Studio 4, a performance many consider his best of all time. However, manager "Colonel" Tom Parker, unhappy with the direction of the show, withholds all tickets to the performance, forcing staffers to run into a nearby Bob's Big Boy restaurant (4211 W. Riverside Dr., Burbank) and plead with patrons to come see a real honest-to-goodness Elvis concert. (The King himself is extremely nervous at performing live for the first time in seven years, and is told by Binder that once he goes out there, he can just get up and leave if he can't take it. A close look at the performance shows that, once on stage, he pretends to do just that.) Two shows, an afternoon and an evening, are performed. The show featured the king performing on a small, square stage, surrounded by a mostly female audience. Presley was outfitted in black leather and belted out many of his early recordings, including "That's All Right Mama", "Lawdy Miss Clawdy" and "Blue Suede Shoes". The highlight of the show was his final number of the evening, which featured Elvis, alone on the stage, dressed in a white suit, singing "If I Can Dream". This legendary performance would later serve as the inspiration for MTV's Unplugged series.
1968- The Beatles record "Everybody's Got Something To Hide Except Me And My Monkey"
1969--BOWEN, HAMMETT L., JR. Medal of Honor
Rank and organization: Staff Sergeant, U.S. Army, Company C, 2d Battalion, 14th Infantry, 25th Infantry Division. Place and date: Binh Duong Province, Republic of Vietnam, 27 June 1969. Entered service at: Jacksonville, Fla. Born: 30 November 1947, Lagrange, Ga. Citation: S/Sgt. Bowen distinguished himself while serving as a platoon sergeant during combat operations in Binh Duong Province, Republic of Vietnam. S/Sgt. Bowen's platoon was advancing on a reconnaissance mission into enemy controlled terrain when it came under the withering crossfire of small arms and grenades from an enemy ambush force. S/Sgt. Bowen placed heavy suppressive fire on the enemy positions and ordered his men to fall back. As the platoon was moving back, an enemy grenade was thrown amid S/Sgt. Bowen and 3 of his men. Sensing the danger to his comrades, S/Sgt. Bowen shouted a warning to his men and hurled himself on the grenade, absorbing the explosion with his body while saving the lives of his fellow soldiers. S/Sgt. Bowen's extraordinary courage and concern for his men at the cost of his life served as an inspiration to his comrades and are in the highest traditions of the military service and the U.S. Army.
1969- the Denver Pop Festival opened at the Mile High Stadium. Among the performers were Jimi Hendrix, Johnny Winter and Creedence Clearwater Revival. It was the last concert by the Jimi Hendrix Experience. Later that year, Hendrix formed the Band of Gypsies.
1969 - New York City police, attempting to serve a search warrant, charged into the well-known gay hangout, the Stonewall Inn. Events quickly got out of hand. Police ejected customers, managers, bouncers. Everyone got booted outside onto the sidewalk. The crowd became increasingly unruly and someone threw a bottle at the police. The plain-clothes police team was trapped inside the bar for over two hours before the NYPD Tactical Patrol Force arrived and drove the mob from in front of the Stonewall. Police arrested and jailed many of the chanting gays. For the next few nights, the Stonewall Inn became the focal point of gay protests. The gay community began to organize and form committees to bring about change. Many feel that the Gay Liberation Movement had its beginnings with the Stonewall Inn Riots.
1970---Top Hits
The Love You Save - The Jackson 5
Mama Told Me (Not to Come) - Three Dog Night
Ball of Confusion - The Temptations
Hello Darlin’ - Conway Twitty
1970 - The Jackson 5: Marlon, Tito, Jackie, Randy and Michael, jumped to number one on the music charts with "The Love You Save". The song stayed at the top of the charts for two weeks. It was the third of four number one hits in a row for the group. The other three were: "I Want You Back", "ABC" and "I’ll Be There". In 15 years (from 1969 to 1984), The Jackson 5/Jacksons had 23 hits, scored two platinum singles ("Enjoy Yourself" and "Shake Your Body [Down to the Ground]") and one gold record ("State of Shock").
1971-Promoter, Bill Graham, closed the Fillmore East in New York City. It was a spin-off of San Francisco's legendary Rock and Roll palace, Fillmore West. The New York City landmark laid claim to having hosted every major rock group of the 1960s.
1972 - No. 1 Billboard Pop Hit: ``Song Sung Blue,'' Neil Diamond.
1972 - Bobby Hull signed a 10-year hockey contract for $2,500,000, as he became a player and coach of the Winnipeg Jets of the World Hockey Association.
1973- Eighteen-year –old David Clyde, a recipient of a $125,000 bonus to sign with the Texas Rangers, made his major league debut against the Minnesota Twins. the Rangers won,4-3, before 35,6908 fans, the first sellout of the year at Arlington Stadium. He lasted five years and now works at his father-in-law’s lumber yard in Tomball, Texas .
http://www.baseball-reference.com/c/clydeda01.shtml
1975-- Jackie Gleason's LPs Music, Martinis And Memories and Music For Lovers Only are certified gold. My father played all the Jackie Gleason albums all the time; folksongs, classics, and Jackie Gleason.
1978---Top Hits
Shadow Dancing - Andy Gibb
Baker Street - Gerry Rafferty
It’s a Heartache - Bonnie Tyler
I’ll Be True to You - The Oak Ridge Boys
1979-Amalya Lyle Kearse of New York City was sworn in as judge of the U.S. Court of Appeals by Chief Judge Irving Robert Kaufman at the U.S. Court of Appeals, New York City. She became the first African-American woman to become a judge of the U.S. Court of Appeals.
1980 - The "National Anthem Act", making "O Canada" Canada's national anthem, was unanimously accepted by the House of Commons and the Senate. Royal assent was also given this day. "O Canada" was officially proclaimed Canada's national anthem on July 1, 1980. Parliament had approved the song as the national anthem 13 years earlier, but the National Anthem Act made it official. "O Canada" was written by Calixa Lavallee and Adolphe-Basile Routhier, and was first performed in Quebec City in 1880. The anthem was originally known as "Chant nationale," and was not heard outside Quebec until the turn of the century. Toronto schoolteacher Robert Stanley Weir provided an English translation of the lyrics, which were changed somewhat after the parliamentary debate in 1980.
1986---Top Hits
On My Own - Patti LaBelle & Michael McDonald
There’ll Be Sad Songs (To Make You Cry) - Billy Ocean
Crush on You - The Jets
Mama’s Never Seen Those Eyes - The Forester Sisters
1988 - The afternoon high of 107 degrees at Bismarck, ND, was a record for the month of June, and Pensacola, FL, equalled their June record with a reading of 101 degrees. Temperatures in the Great Lakes Region and the Ohio Valley dipped into the 40s.
1989 - Thunderstorms produced severe weather from the Ohio Valley to western New England. Thunderstorm spawned six tornadoes, and there were 98 reports of large hail and damaging winds. Tropical Storm Allison spawned six tornadoes in Louisiana, injuring two persons at Hackberry. Fort Polk LA (my basic training alma mater) was drenched with 10.09 inches of rain in 36 hours, and 12.87 inches was reported at the Gorum Fire Tower in northern Louisiana.
1989-The NBA draft was television for the first time by WTBS. The Sacramento Kings selected center Pervis Ellison of Louisville with the first pick.
1989-- Tom Jones is awarded a star on the Hollywood Walk of Fame at 6608 Hollywood Blvd.
1989--The Who perform their rock opera Tommy in its entirety for the first time since 1972, performing it for charity at Radio City Music Hall.
1990-Becoming the highest paid player in professional baseball, Jose Canseco of the Oakland Athletics signed a contract that would earn him $23,500,000 over a five-year period. By the end of 1990, 23 players had signed contracts giving them more than $3,000,000 a year.
1991-Signaling an end to the era of a liberal Supreme Court, Associate Justice Thurgood Marshall announced his resignation from the United States Supreme Court, effective once his successor was confirmed by the US Senate. Marshall was a pioneering civil rights lawyer who helped lead the fight to end racial segregation and served as US Solicitor General prior to his appointment to the high court by President Lyndon Johnson in 1967 as the first black ever to sit on the Supreme Court. As an attorney for the NAACP, he successfully argued the case of Brown v Board of Education before the Supreme Court, ending the doctrine of “separate but equal”” Marshall’s 24-year tenure on the bench was marked by his strong liberal voice championing the rights of criminal defendants and defending abortion rights, his opposition to the death penalty and his commitment to civil rights. On July 1, 1991, President George Bush, selected Clarence Thomas, a conservative black jurist, to succeed Marshall. Thomas’s nomination was quite controversial as a former aide accused him of “sexual harassment.”
1992 - Michael Jackson kicked off the "Dangerous" tour in Munich, Germany. 70,000 fans saw Jackson, with a helmet on and a fake rocket pack on his back, appear to fly off stage (or, maybe he really did). The tour would continue through November 11 stopping in some 42 cities.
1997 -John's Grill on Ellis St. in San Francisco was declared a national literary landmark by Friends of the Libraries USA for its role in Dashiell Hammett's life and classic work "The Maltese Falcon." It was the 28th landmark site.
1999 - Sporting leather thongs, feather boas and political banners, gays and lesbians took to streets around the world in festive pride parades. The 29th annual Lesbian Gay Bisexual Transgender Pride Parade and Celebration took place in San Francisco, New York, Berlin, Manila and many other cities. Among the organizations taking part were the Sisters of Perpetual Indulgence, a gay veterans group, an antique auto club for gays and Roman Catholics in favor of gay rights. The pride marches commemorate the anniversary of the Stonewall Riots, when patrons of a gay bar in Greenwich Village (New York) fought back against a police raid. The bar, the Stonewall Inn, is now on the U.S. National Register of Historic Places. Gay Parades were here to stay.
2005--*MURPHY, MICHAEL P. Medal of Honor
Rank and organization: Lieutenant, U.S. Navy, SEAL Delivery Vehicle Team 1, Naval Special Warfare Task Unit. Place and Date: Asadabad, Konar Province, Afghanistan, 27 - 28 June 2005. Entered Service at: Patchogue, New York. Born: 7 May 1976, Smithtown, New York Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty as the leader of a special reconnaissance element with Naval Special Warfare Task Unit Afghanistan on 27 and 28 June 2005. While leading a mission to locate a high-level anti-coalition militia leader, Lieutenant Murphy demonstrated extraordinary heroism in the face of grave danger in the vicinity of Asadabad, Konar Province, Afghanistan. On 28 June 2005, operating in an extremely rugged enemy-controlled area, Lieutenant Murphy’s team was discovered by anti-coalition militia sympathizers, who revealed their position to Taliban fighters. As a result, between 30 and 40 enemy fighters besieged his four-member team. Demonstrating exceptional resolve, Lieutenant Murphy valiantly led his men in engaging the large enemy force. The ensuing fierce firefight resulted in numerous enemy casualties, as well as the wounding of all four members of the team. Ignoring his own wounds and demonstrating exceptional composure, Lieutenant Murphy continued to lead and encourage his men. When the primary communicator fell mortally wounded, Lieutenant Murphy repeatedly attempted to call for assistance for his beleaguered teammates. Realizing the impossibility of communicating in the extreme terrain, and in the face of almost certain death, he fought his way into open terrain to gain a better position to transmit a call. This deliberate, heroic act deprived him of cover, exposing him to direct enemy fire. Finally achieving contact with his headquarters, Lieutenant Murphy maintained his exposed position while he provided his location and requested immediate support for his team. In his final act of bravery, he continued to engage the enemy until he was mortally wounded, gallantly giving his life for his country and for the cause of freedom. By his selfless leadership, courageous actions, and extraordinary devotion to duty, Lieutenant Murphy reflected great credit upon himself and upheld the highest traditions of the United States Naval Service.
2011-Despite protests from local residents, a larger-than-life statue of Chuck Berry was approved by University City Council. The initial objections stemmed from the singer’s time behind bars for his 1962 conviction for illegally transporting a teenager across state lines.
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