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Independent, unbiased and fair news about the Leasing Industry


Exp. only, 1 Southeast, 1 West Coast
Looking to Expand Your Career
Base Salary & Commission
resumes to :
Stable, profitable independent lessor, 30 years in business,
Chicago suburbs

Friday, June 29, 2012

Today's Equipment Leasing Headlines

 Lease Accounting Webinar--Free---First Come Basis
  Classified Ads---Sales
Fort Collins, Colorado Fire 75% Contained
 by Gary Souverein, President & COO, Pawnee Leasing
  Allegiant Partners Announces $25 Million funding facility
 Unlicensed Texas Lender Gets Stung/No License
   Unlicensed Dealers in Two other states walk
       Classified Ads---Help Wanted
 New Hires---Promotions
  Conference NEFA Super Early Bird to End Today
   --Also ELFA Presentation Cut-Off Today, Friday June 29th
     Leased Large Food Trucks Big Hit Restaurant Assoc. Convention
      32 Banks Failed 2012 to date---compared to 2011: 48
         Top 5 Reasons to Get Over Your Dis-"Like" of Social Media
     Job Application Forms plus Employment Websites
       Maltese/Poodle (toy or tea cup)
       San Rafael, California Adopt-a-Dog
   Fourth of July Movies to Rent
    Young Mr. Lincoln/Mr. Smith Goes to Washington
      Yankee Doodle Dandy, 1776, Independence Day
News Briefs---
Colorado Springs fire destroys 346 homes
  Sudhir Amembal 30th Annual World Leasing Report
Long term mortgage rates hit lows
  Average credit score for home buying at record 737
     After Years of False Hopes, Signs of a Turn in Housing
Government weather alerts system coming to smartphones
    Apple's iPhone has a birthday -- turns 5
      Ann Curry's Today Show Farewell: Why so Sorry?

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
      Sports Briefs---
       Baseball Poem
        California Nuts Briefs
         "Gimme that Wine"     
          This Day in American History
           Daily Puzzle
               Weather, USA or specific area
                 Traffic Live----

######## surrounding the article denotes it is a “press release” and was not written by Leasing News nor information verified, but from the source noted. When an article is signed by the writer, it is considered a “by line.” It reflects the opinion and research of the writer. It is considered “bias” as it is the writer’s viewpoint.

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Lease Accounting Webinar--Free---First Come Basis

Global Times:
United States: 11am – 12pm EDT
United Kingdom: 4pm – 5pm BST
Mainland Europe: 5pm - 6pm CEST

Register now for Asset Finance International and International Decision System's next lease accounting webinar – the fourth in a series of authoritative and independent lease accounting briefings.

Registration is free – but with over 700 registrations for previous events, places will be allocated on a first-come, first-serve basis.


• Alan Leesmith (Chair), Director IAA-Associates;
• Jacqueline Mills, Director, Asset Finance and Research, Leaseurope;
• Mark Venus, IASB/FASB Joint Working Group; and Projects Director for BNP Paribas;
• Rodney W Hurd, Chair of the ELFA Financial Accounting Committee;
• Katie Emmel, Vice President, Product Management, International Decision Systems; and
• Andy Thompson, Legal and Regulatory Editor, Asset Finance International.

Targeted at senior equipment lessors worldwide, participants will be:
• brought up to date with the latest deliberations of the accounting standards boards:
• learn what our panel’s views are on recent decisions of the IASB/FASB;
• get an early understanding of how the proposals due to appear in the re-exposure draft will affect
lessors and their clients; and
• discover what steps leasing organizations now need to take to be prepared

Register here:

Comprehensive personal property tax outsourcing services
We accept file exports and integrate personal property tax information with all lease management or accounting software. No other firm offers the combination of individual attention, software capabilities expertise, "full disclosure" and web port accessibility to information more than we do.

Click here to learn what our clients say about our service
Gary DiLillo, President 440.871.0555 or




Classified Ads---Sales

(These ads are “free” to those seeking employment or looking
to improve their position)

Aggressive, competitive self-starter with vendor/direct equipment 
leasing and asset-based lending experience. Success in business banking sales and financial planning. 
Email: | Resume

Garfield, NJ
15 years experience small to large ticket sales exp. All types of equipment industries. Vendor & direct. Self motivated. Work with leasing company or broker.
Tony Lio
Montgomery, AL
Individual with 10 years advertising sales exp. & 7 years insurance sales exp. Wants independent contractor situation in Alabama.
Work with leasing company or broker. 334-590-5133

Orange County, CA 
20+ yrs. leasing sales/sales mgmt
Established remote office w/Lessee/Vendor following
Request Salary + commission or partnership w/direct funding source.

Pittsburgh , PA 
Aggressive self starter looking for leasing position w/10 plus yrs sales exp., plus banking experience 814-227-4592

San Francisco Bay Area:
15 year Vendor Program Agreement HUNTER. Currently employed at major IT manufacturer captive supporting direct and channel sales. Must have base, commission and benefit package.

15 year lease vet looking for plact to take business.great references. all major equipment types. open to compensation. please contact if interested.

Free Posting for those seeking employment in Leasing:

All “free” categories “job wanted” ads:



Fort Collins, Colorado Fire 75% Contained
by Gary Souverein, President & COO, Pawnee Leasing


The High Park fire near Fort Collins has not grown is the past two days as we had slightly lower temperatures and the mid 90's and even some short-lived local showers yesterday afternoon. Local authorities indicated that the fire was over 75% contained. Interestingly, we had a smoky day in Fort Collins due to the fire outside of Boulder about 40 miles south of us.

The real news now is the Waldo fire out of Colorado Springs, which although smaller, will likely be even more destructive on properties in that community than the fire we experienced. Unfortunately, one of our employees has 3 family members that were evacuated in the Waldo fire and as of this morning they are awaiting news if their homes were affected. July and August tend to be our warmest, driest months of the year so unfortunately I think we're just beginning a dangerous summer fire season in Colorado.

Sorry, no photos to send to you as there's few visible signs of the fire from Fort Collins anymore.

But I am attaching you a photo of our staff from this past Friday afternoon in which we closed our office for the afternoon and volunteered to put on a field day for the local Boys & Girls Club.

Our employee team entertained 145 kids with a dozen field day events including water balloon toss, obstacle course races, frisbee golf, volleyball games, sack races, tug-a-war and others. We also put together a goodie bag for each child to take home with them including some school supplies, water bottle and candy. Our employees enjoyed the afternoon, spending time with the kids and helping this important community organization.

Gary Souverein
President & COO
V: 800-864-4266; 970-482-2556 ext. 222
F: 970-482-2666
Pawnee Leasing Corporation
a Chesswood Group Limited company
700 Centre Avenue Fort Collins, CO 80526



Allegiant Partners Announces $25 Million funding facility

San Rafael, CA--Allegiant Partners Incorporated announces an expanded $25 million funding facility with BMO Harris Bank N.A. a part of BMO Financial Group (NYSE: BMO; TSX: BMO).

Chris Enbom
CEO, Allegiant Partners

"The last few of years have seen strong volume and solid credit quality in the small ticket business," commented Chris Enbom, CEO of Allegiant Partners.

"Allegiant has continued to produce solid returns for its investors while expanding its capital base and maintaining a very strong balance sheet. We are pleased to have renewed and increased our existing facility with a larger two year committed line of credit.

"Allegiant remains committed to the specialty market niche and we see strong opportunities for growth in support of our clients. We thank BMO Harris Bank – Specialty Finance Group out of Chicago and their great team and we also welcome Umpqua Bank, the Sacramento CA Office, into the facility. BMO Harris Bank continues to prove its deep understanding of specialty finance businesses by providing excellent service to Allegiant."

San Rafael, CA-based Allegiant Partners ( is an employee-owned commercial funding source started in 1998 that specializes in equipment finance for small businesses. Allegiant focuses on bank policy exceptions, hard asset transactions, story credits and well capitalized small business start-up financings.

Over the past few years Allegiant has been able to continue to grow and attract capital and provide additional funds for their expanding client base. Allegiant Partners owns First Star Capital (, a direct source for commercial equipment financing and working capital. Allegiant also purchases small, structured portfolios through its affiliate Dunhill Leasing, LLC.


Chris Enbom, CEO
Allegiant Partners Incorporated
P: (415) 451-4041 M: (415) 305-8850
900 Fourth Street, Suite 200 | San Rafael, CA 94901


Unlicensed Texas Lender Gets Stung/No License
Unlicensed Dealers in Two other states walk
by Tom McCurnin, Esq.
Barton, Klugman & Oetting
Los Angeles, California

Waite v. Cage , 2011 WL 2118803, 2011 U.S. Dist. LEXIS 57324 (S.D. Tex. 2011). The State of Texas requires automobile dealers which offer retail installment contracts to be licensed. See Tex. Fin.Code § 348.501(a). JMW Auto Sales did not hold such a license. Yet, JMW would pool their retail contracts and sell the income stream to institutional investors, a father and son, the Waites, were among those investors. They apparently knew that JMW was not licensed. Shortly after the Waites purchased a pool, JMW was subject to an involuntary Chapter 11.

The Bankruptcy Court rules that the Waites purchased nothing—because JMW had no legal right to issue retail installment contracts, and therefore the Waites were unsecured, and ordered that they return $400,000 worth of contracts to the Bankruptcy Trustee for the benefit of JMW’s unsecured creditors. The fact that JMW later obtained a valid lender’s license was of no consequence, as the infirmity did not relate back.

In Lopes v. Fafama Auto Sales , 2011 WL 6258818 (Mass. Ct. App. 2011) the Court reached a different conclusion, and the fact that a car dealer was not licensed as a sales finance company did not invalidate the dealer's security interest a car sold by the dealer nor make the dealer's repossession unlawful.

Finally, in Hanson v. 5K Auto Sales, LLC , 2011 WL 6755138 (D. Minn. 2011) – a Minnesota Court agreed with the forgoing Massachusetts decision, holding that even if a car dealer was required to be licensed as an automobile lender, the dealer's lack of a license would not invalidate the dealer's security interest in a car.

The moral of the story is to know who you are doing business with. If your company is buying contracts from a broker, originator, or lessor, determine whether that assignor is required to be licensed in the State of its operation. While your company may get lucky as a lender might in Minnesota or Massachusetts, the litigation costs would hardly be worth the exposure.

Tom McCurnin
Barton, Klugman & Oetting
Los Angeles, California
Voice: (213) 621-4000
Fax (213) 625-1832

Visit our Web Site at




Privately-held lessor/broker in business since 2004 is looking to expand its Orange County and San Diego origination teams with experienced reps ready for a change. We offer clients a variety of traditional banking products including our 0% APR credit card. Our marketing efforts enhance both end user and vendor sales strategies, including proprietary technology, direct mail, and trade show support. Make the move today -
click this link
for more details.
Commercial Finance & Leasing Bank of Cardiff, Inc, a
finance lender licensed pursuant to the California Finance
Lenders Law, license #603G469

Dallas-Fort Worth
Seasoned Leasing professional in Dallas-Fort Worth area, experienced in 3rd party generated business. 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.

Please submit resume to
Contact: Ron Mitchell 214-615-0667 direct


Exp. only, 1 Southeast, 1 West Coast
Looking to Expand Your Career
Base Salary & Commission
resumes to :
Stable, profitable independent lessor, 30 years in business,
Chicago suburbs


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New Hires---Promotions


Bryan Allen appointed Executive Vice President, Global Head of Human Resources, CIT Group, New York, New York. Previously "... served as Chief Human Resources Officer for Hanover Insurance Group. Before Hanover, he was Managing Director, Head of Human Resources at U.S. Trust. Prior to joining U.S. Trust, Mr. Allen held a number of business management positions at Morgan Stanley, most recently serving as Global Chief of Staff for Human Resources. “

Ingrid Bernadette hired as Program Manager at Vendor Lease Management Group. Previously she was area manager, CIT (May, 2005-January, 2012), asset manager, CIT/Avaya Financial Services (August, 1998-May, 2005). Fluent in Spanish. Essex Community College Bachelor of Business Administration (B.B.A.) 2012 – 2019 (expected) Currently attending

Bryan Seeley appointed director of appraisal for the company’s Machinery & Equipment (M&E) Appraisal Division, Great American Group. He will be located in Great American Group’s office in Long Island, NY. "Seeley has more than 20 years of experience in the liquidation and appraisal industry. Prior to joining Great American Group, he served as a senior manager for a nationally recognized appraisal firm. He began his appraisal career in 1989 and has served in several capacities, including senior appraiser, manager and senior manager."

(Note: Photo from when she was President Sara Lee, their web site)

Laurette T. Koellner named Executive Chairman of International Lease Finance Corporation (ILFC), New York, New York. Ms. Koellner has been Executive Chairman and Director of International Lease Finance Corporation since June 2012. She has been a Director of Sara Lee Corp. since January 30, 2003 and American International Group, Inc. since June 2009. She serves as a Director of Exostar LLC. She has been a Director of Celestica Inc. since April 23, 2009. She serves on the University of Portland Board of Regents and the UCF College of Business Administration Dean's Executive Council. She is a member of the Council on Foreign Relations. Ms. Koellner was inducted into the University of Central Florida's (UCF) College of Business Administration Hall of Fame in 2003. She was presented with UCF's Distinguished Alumnus Award in 2005. She served as the President of Boeing International, a Division of The Boeing Company and Senior Vice President of Boeing Co., (The Boeing Company) since May 1, 2006. Ms. Koellner served as the President of Connexion of Boeing Co. from December 3, 2004 to 2006. She joined Connexion by Boeing in December 2004. She served as the President of International Relations of Boeing Co., since May 1 2006, Member of the Office of the Chairman from March 2002 to December 2003. She served as the Chief Administration Officer and Chief People Officer/ Chief Human Resource officer of Boeing Co. from August 2002 to December 2004 and its Executive Vice President since August 2002. She served as a Senior Vice President and President of Shared Services Group of Boeing since November 2000 to 2002. She served as a Member of Executive Council of Boeing Co. Ms. Koellner led the Shared Services Group, directed human resources and all areas of company administration, and managed corporate international relationships with Africa, the Americas and Russia. She worked at Missile Systems Company and managed its contracts and pricing and also led all negotiations with the Department of Defense, NASA and a variety of international governments for weapons systems and related products and services. She served as a Vice President and Corporate Controller of Boeing from March 1999 to 2000 and was responsible for financial and cost accounting, cost policy, companywide cost estimating, common business systems, insurance and risk management and served as its Vice President and General Auditor from 1996 to 1999. She spent 19 years at McDonnell Douglas, where she held a number of management roles of increasing responsibility in the areas of contracts, business planning, human resources and auditing. Her last role at McDonnell Douglas was Vice President of Internal Audit. Ms. Koellner was responsible for labor relations, leadership development, diversity, Leadership Center, corporate administration, corporate services, corporate contributions and global corporate citizenship of Boeing. Ms. Koellner served as an Executive Vice President of Internal Services for Boeing Co. She served as a Vice President and General Auditor of McDonnell Douglas Corporation and led internal audit, management control systems and the executive development program. Ms. Koellner served as a Division Director of Human Resources at McDonnell Douglas Aerospace Company since May 1994 and was responsible for all human resources and fire and security services in St. Louis. She was transferred to St. Louis in 1992. She ran the internal support and services operation for the Florida Missile Production facility since 1990. She directed strategic and business planning at Tomahawk Cruise Missile Program since 1989. She served as a Business Manager of Tomahawk Cruise Missile Program since 1988. Ms. Koellner began her career in the Aerospace industry in 1978, when she joined McDonnell Douglas in 1997 and served as an Analyst in contracts. She oversaw Boeing's international affairs and had leadership responsibilities for 20 Boeing in-country operations throughout the world. She holds a Certified Professional Contracts Manager designation from National Contracts Management Association. Ms. Koellner holds a Bachelor of Science in Business Management from University of Central Florida and a Master of Business Administration from Stetson University. In 2003, Koellner was inducted into the UCF College of Business Hall of Fame; in 2005, she was presented with the university’s Distinguished Alumnus Award.

Ike Long named national sales manager in the information technology and telecommunications financing segment, LEAF Commercial Capital, Philadelphia, Pennsylvania." With over 17 years in the leasing and finance industry, long has achieved considerable success selling to VARs and telecommunications accounts. He also brings extensive financing experience to LEAF. He has spent more than 15 years in various sales roles at De Lage Landen, and most recently worked at Summit Funding Group as a business development officer. " Northeastern University Communications (1989 – 1994). Activities and Societies: Football

Chris Park appointed senior finance officer at Fleet Financing Resources, Riverside, California. He will be headquartering in South Florida, "...responsible for growing the company's equipment finance portfolio at a nationwide level... Previously he was finance manager for Motorcoach Industries Financial Services (MCIFS) playing a key role in the productivity of multiple Motorcoach sales teams which funded over $70 million annually. Prior to that, he served as portfolio manager, credit analyst and sales manager for The CIT Group. 'A seasoned veteran with 16 years in the commercial vehicle finance industry, Chris Park will bring a unique depth of knowledge to FFR. Park’s extensive experience, expertise and a proven track record will enable us to put into motion the great ambitions we have for our company and to capitalize on the many opportunities that lie ahead,' said Dave Reynolds, President and CEO of Fleet Financing Resources."

Steven Williams appointed senior vice-president-syndications at Cole Taylor Equipment Finance, Baltimore, Maryland. Previously he was director capital markets, Green Campus Partners (April, 2009-June, 2012), principal, Bank of America (May, 2005-February, 2009), senior vice president, GE Capital (August, 1997-April, 2005), lease syndication manager, Bank of Boston (March, 1994-August, 1997), sales representative, Noresco (March, 1992-March, 1994). University of Massachusetts, Amherst B.A., economics (1969 – 1973).

Leasing News Help Wanted Ad Pricing

25% Off regular rate below plus 30 day run

Help Wanted Web Ad New Programs

Classified Ad Section 

21 days in a row:
$595 four lines (a space is a line) 
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All you need do is send us the copy or the position description you want to fulfill and we do the rest. We will design the ad with the idea to fit you budget best, as well as recommend a “click to a web page” or seprate full page job description. Lines and spaces determine the price of the “help wanted ad” as the Logo is free as well as company description at the bottom of the ad (not to exceed the number of lines of the ad.) Also freeclick to a click to a web site or a full description of the position.

Ads are placed in the "Help Wanted' section by category, alphabetical, with the ad with the most lines first in the group. They appear on the web site and in each news edition at the top, not in flash, but in separate news editions. (The “help wanted” top ad are changed in each news edition in sequence with other “help wanted” ads, mostly in a chronological basis.) The ad always appears in the classified help wanted section in each news edition, plus remains on the web site, even when it appears at the top of the headlines.

Most readers scroll the newsletter, or those directly interested in classified, will click on the headline and go direct to the news edition classified help wanted section, or click on the web site, and go to it at this site.

Leasing News reserves the right to refuse advertising, particularly to a company that has appeared in the complaint bulletin board





Leased Large Food Trucks Big Hit Restaurant Assoc. Convention

From never-before-seen flavor combinations to globally sourced ingredients to food trucks and more, the 93rd Annual National Restaurant Association Restaurant, Hotel-Motel Show and 5th annual International Wine, Spirits & Beer Event showcased the hottest trends driving the restaurant and foodservice industry.

This year’s Show, which attracted 1,900 exhibitors and more than 61,000 registrants from all 50 states and more than 100 countries, offered a sneak peek into the industry’s future.

According to the National Restaurant Association’s 2012 Restaurant Industry Forecast, nine out of 10 restaurant operators say their customers are more knowledgeable and sophisticated about food and beverages than ever before. This year’s NRA Show was proof positive that the industry has responded to this evolution, as products and services catering to those hungry for the latest trends were prevalent throughout the show floor.

“Our goal with each NRA Show is to create a venue where restaurant industry professionals find the newest technologies, latest equipment and hottest products and services, and we were pleased to see that become a reality once again,” says James Balda, chief marketing and communications officer for the National Restaurant Association.

“Exhibitors really brought their ‘A’ game this year, and attendees were buzzing about the non-stop action, from the Robofusion ice cream robot at the Stoelting booth, to the world’s largest potato, courtesy of the Idaho Potato Commission. There was undoubtedly something new to do, see, and eat at every turn!”

Top trends from the exhibit floor at NRA Show 2012, held at Chicago’s McCormick Place May 5-8, included:

Healthful Alternatives: In response to Americans’ growing interest in health and nutrition, the Organic and Natural Pavilion featured a host of wholesome, nutritious food products.

For example, Mara’s Pasta, a 2012 recipient of The NRA Food & Beverage Product Innovation Awards, showcased Maragrain, nutritious pasta made from a proprietary non-durum variety of wheat grown for Cook Natural Products. Karoun Dairies, which manufactures Mediterranean specialty cheeses and dairy products, displayed an all-natural yogurt drink.

Premium and Artisan Products: Targeting the evolving tastes of savvy restaurant customers, premium products were a clear food trend this year. Exhibitors showcased products with non-traditional flavor combinations, customizable offerings and premium ingredients, including SasaPops (another recipient of The NRA Food & Beverage Product Innovation Awards) with its all-natural frozen pops in flavors like Pink Guava and Salted Peanut Caramel. FerminIberico, a recipient of the same award in 2011, displayed high-quality cured Iberico and Serrano pork.

Gluten-Free Products: According to the National Institutes of Health, about one in 100 Americans is affected by celiac disease. As awareness of gluten intolerance is growing, gluten-free products are making their way into the mainstream market, and the NRA Show 2012 exhibit floor featured a range of such products.

Venice Bakery, a third-generation pizza manufacturer, offered products such as gluten-free pizza dough and gluten-free focaccia. And proving that the trend has also made its way into the beverage industry, all ciders featured at the International Wine, Spirits & Beer Event, including Angry Orchard and Woodchuck, were gluten-free.

Food Trucks: Food trucks continue to drive interest, as six in 10 consumers say they would visit a food truck offered by their favorite restaurant, proving that mobile restaurant options aren’t a flash-in-the-pan concept.

Mobi Munch, a company that manufactures customized food trucks, showcased their services, including a POS platform, menu consultation, brand-building services, and truck rental, allowing interested restaurateurs to take advantage of the food truck trend. In addition, six food trucks were exhibiting.

Ethnic Cuisines and Flavors: Responding to consumers’ increasingly global palates, the NRA Show’s International Cuisine Pavilion was home to foods from around the globe, providing a one-stop-shop for those looking to satisfy their international curiosities and cravings.

Mediterranean Gourmet offered products such as Traditional Grilled pepper salad from Tunisia and Paella from Spain. Attendees also sampled offerings like Ace Farms USA Inc’s roasted seaweed snacks, a staple of Korean diets for thousands of years

NRA Show 2013 will be held May 18-21 at Chicago’s McCormick Place, and the 2013 International Wine, Spirits & Beer Event, held in conjunction with the NRA Show, will take place May 19-20.




Conference NEFA Super Early Bird to End Today
Also ELFA Presentation Cut-Off Today, Friday June 29th


Broker Member: 1st Attendee $125
Broker Member: 2nd Attendee $115
Assoc. Member: $260
Additional Mem: $200
Funder Member: $260
Add Attendee: $200
Broker Non-Mem: $200
Assoc. Non-Mem: $360

Please see below for more informaiton:


Hotel Reservations Available


September 12-14, 2012

Canadian Finance & Leasing Association Conference
The Westin Calgary
Calgary, Canada

General Information

Exhibitor Information:





September 13—15
Funding Symposium
Rennaisance Washington, DC Dupont Circle Hotel
1143 New Hampshire Avenue, NW
Washington, DC 20037-1522

Chairperson for 2012 Funding Symposium
Lori A. Dean, CLP,
VP, Equipment Finance Operation Manager
Arvest Equipment Finance


October 21-23
ELFA 51st Annual Convention
JW Marriott Desert Springs
Palm Desert, California

Keynote Speakers
19th Chairman of the Federal Deposit Insurance Corporation

Member, Financial Accounting Standards Board

Expert in Branding and Marketing

ELFA is now accepting proposals from those interesting in making a presentation at the Annual Convention. For complete details, please go here: Submission deadline is Friday, June 29, 2012.


November 4-5
2012 Expo NJ Super REgional Meeting
Teaneck Marriott at Glenpointe


November 7 - 9, 2012

32nd Annual Fall Conference
Hilton La Jolla Torrey Pines
La Jolla, California


November 14-16
67th Commercial Finance Conference
JW Marriott Hotel
Phoenix, Arizona


April 18-20, 2013
Annual Conference
Las Vegas, Nevada


To view Leasing Association Events-Meetings Open to All, please click here.



32 Banks Failed 2012 to date---compared to 2011: 48

by Robert Clark and Aarti Kanjani
SNL Financial

As of June 22, the FDIC entered loss-share agreements with the buyers of 12 of the 31 banks closed in 2012. In 2011, the FDIC entered loss-share agreements with the buyers of 58 of the 92 closed banks. In 2010, the FDIC entered loss-share agreements with the buyers of 130 of the 157 failed banks.

The median cost to the deposit insurance fund at the time of announcement as a percentage of the failed banks' assets was 21% in 2012, with 31 failures. The median cost in 2011 was 23%, the same as in 2010 but lower than the 29% median cost in 2009.

Failed Banks 2012--Paragraph Information on Each:

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.


(This ad is a “trade” for the writing of this column. Opinions
contained in the column are those of Mr. Terry Winders, CLP)


Top 5 Reasons to Get Over Your Dis-"Like" of Social Media

We hear endless talk about social media these days, and why it's so important for businesses large and small. But is it really true? Do you really have to incorporate social media into your marketing strategy? What if you dislike having to update all those sites all the time? What if you think it's just plain silly, and your efforts will be transparent to your market?

It used to be enough to simply build a website to establish your business's online presence, but those days are long gone and a website, while an absolute necessity, is no longer even remotely adequate. Digital intelligence research and analysis group eMarketer predicts there will be 1.43 billion social media users in the world in 2012. The world has gone social - and that includes the business world.

There are five key reasons why you would be crazy not to get on social media today.

#1: It's free

Social media websites like Facebook and Twitter are free to use and can make you money. That kind of math doesn't happen all that often in a business climate, so take advantage of it. Consider it "word of mouth" marketing gone high-tech. And use it. If you don't have the time or inclination to update your social media sites, you can hire staff or freelancers to do so at a reasonable cost. It is common practice nowadays to hire freelancers to take care of your blog, Facebook and Twitter pages as a single endeavour. Often, however, social media is best when it comes from the heart - which means once everything is set up and running, you may want to take that helm.

#2: It helps improve your website ranking in Google

With increased reach across multiple internet-based platforms, you not only cast a wider net; you also climb the great big ladder we know as Google. In 2011, according to ComScore, there were approximately 4,717,000,000 Google searches per day - just a little reminder of how enormously influential is this online megalith to the internet population. Though it's difficult to determine exactly how much influence Twitter and Facebook have on your position in the Google search results, it seems clear that social media can help your website achieve better positioning in the organic (unpaid) listings. A Social Media Examiner study showed that 60 percent of B2B companies that engaged in social media saw an improvement in their search engine rankings. Plus, Google indexes and shares real-time updates from social media sites, enabling you to reach Google searchers through multiple channels.

#3: Your competitors are doing it

A recent study by KnowledgeStorm revealed that 69 percent of B2B technology decision makers participate in social networks. Whatever your industry, you can expect that a fair portion of your competitors have hopped aboard the social media train. The early adopters have the advantage of a more established presence - but it's never too late to get started. Also consider that, according to the Social Media Examiner report mentioned earlier, 56 percent of B2B companies acquired new business partnerships through social media, and 69 percent gathered marketplace insights. You are not only competing for customers through social media; you are also ensuring that you keep up to date on your industry and keep your business at the forefront of your market.

#4: Your customers want it - and expect it

More than 72 percent of US internet users are now on Facebook - and that group accounts for only about 30 percent of total Facebook users. Your customers are using social media. They spend a great deal of time on social media. Facebook alone receives more than 17 million status updates ever hour. Add to that activity on Twitter, LinkedIn, MySpace and other social media platforms, and you might wonder how social media users ever do anything else. If you know where your customers are hanging out, it's easy to put yourself in front of them; you just need to make the effort to do so. Don't worry - you're not intruding upon their social media party. They want to hear from you! And if they don't, they don't have to engage with you. Simple as that.

#5: It's easy

Getting started on social media and using it to build your business has never been easier. There are literally hundreds of resources on the internet to help you get started and advance your social media marketing tactics. If you're not sure what to include in your tweets and Facebook status updates, consider the following:

  • Updates about your business (new product releases, new services, announcements, etc.)

  • Events, fundraisers, or activities your business is involved in

  • Tips and information (related to your area of expertise) that your customers will appreciate

  • Contests - product give-aways are always popular

  • Reader polls and surveys - get your audience involved!

  • News bulletins about your industry

  • Direct correspondence with your customers - public discussions can create a great dialogue with your audience

  • Photos of staff events - make your company human and accessible, rather than a corporate entity

  • Exclusive offers for social media followers only (i.e., "like" us on Facebook to receive 30 percent off your next purchase!)

  • Invitations to in-store events, sales, etc.

If you're not already involved in social media, it's true that you are a little behind the times - but don't worry, it's easy to get started and establish your social presence online. Start with Facebook and Twitter, and add a blog to your website if you don't already have one. LinkedIn is also a must. You can branch out from there (to YouTube videos, Pinterest and more) when you have the time and inclination. If you've already established your social media presence, think of ways to make it more useful to your business.

There are plenty of reasons why you should be using social media to promote your business, but the bottom line is, it can help your business grow more successful. It costs you nothing but your time, and can make you money. And in today's increasingly social world, connecting with your audience is key.




Job Application Forms plus Employment Web Sites

Job Application Forms For Every Major Employer: Fast Food, Retail, Restaurant, Airline, Grocery, Pharmacy, Hospitality Employment Forms Are All Here

"Whether you are a recent graduate from college, a student looking for a part-time job or vacancy, are a mom returning to work, someone rebounding from a recent layoff, a teen-ager looking for summer employment, or just looking to switch careers, you can find or download printable employment applications or find your next employer by completing a job application online through now."

Click "all categories," go to Finance Service Jobs, mostly finance jobs; also do a search and you will find leasing jobs and you can look also for specific industries---application pages also have information on jobs that are open


Classified Ads---Employment Web Sites

Here is a list of top internet job web sites, several specializing in financial, money, and leasing, too.
ELFA Career Center


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Maltese/Poodle (toy or tea cup)
San Rafael, California Adopt-a-Dog

ID#: 4538965
Sex: Male
Age: Young
Color: Black with white
Size: Small (6.5lbs)

"I am already neutered, housetrained, up to date with shots, good with kids, good with dogs, and good with cats."

GINO's Story...

"Lively, very small fellow @ just 6.5 lbs. Loves his walks, the more the better according to Gino. Adorable! We don't say it unless it's true! Active dogs need exercise; if you do, too, come meet the little guy with the BIG personality."

Please contact Lyn ( for more information about this pet.

Rescue Group: All Creatures Animal Caring Society
Pet ID #:
Contact: Lyn Gladstone
Phone: (415) 456-1941
Let 'em know you saw "GINO" on!
Fax: (415) 456-2003
Address: P O Box 3664
San Rafael, CA 94912


Adopt-a-Pet by Leasing Co. State/City

Adopt a Pet


Movie Reviews
By Fernando F. Croce

Fourth of July edition

With the Fourth of July just around the corner, we at Lesing News are proud to recommend five movies (easily available at Netflix) that you get you laughing, cheering, and saluting.

Young Mr. Lincoln (John Ford, 1939): Arguably America’s greatest director ever, John Ford was on a roll in 1939, delivering classics such as “Stagecoach” and “Drums Along the Mohawk” in the same year. His greatest triumph that year, however, was this truly lovely portrait of the great president, Abraham Lincoln, when he was still a callow law practitioner facing his most decisive case. Beautifully played by Henry Fonda, Lincoln moves from Kentucky to Illinois in the 19th-century and, over the course of a dramatic trial, discovers the sage qualities that will in the future mark his leadership as the nation’s leader. Ford’s populist touch is felt profoundly in each delightful vignette, adding up to a moving and often funny, humanistic view of a great man.

Mr. Smith Goes to Washington (Frank Capra, 1939): Many critics nowadays dismiss Frank Capra (“It’s a Wonderful Life”) as a creator of corny fantasies, but the truth is that his pictures are much tougher and darker than their comfy reputation would suggest. Capra’s account of idealistic Jefferson Smith (beautifully played by James Stewart) and his fall from innocence when he comes to Washington not only shows how vulnerable the political system is to human venality, it also anticipates the government scandals of many years to come. With an extraordinary cast that includes Jean Arthur, Claude Rains and Thomas Mitchell, it’s a political film in the greatest sense—aware of injustice yet optimistic about humanity’s potential for change.

Yankee Doodle Dandy (Michael Curtiz, 1942): Who would have thought that it would take a foreign filmmaker to come up with the most patriotic of American movies? Austria-born director Michael Curtiz (“Casablanca,” “The Adventures of Robin hood”) pulled out all the stops in this irresistible celebration of America’s greatest features, from apple pie to the freedom of putting on a show. James Cagney won a well-deserved Best Actor Oscar for his portrayal of flag-waving composer and song-and-dance man George M. Cohan, who over the years went from child star at vaudeville shows to the country’s most beloved entertainer. Full of vintage tunes (“Yankee Doodle Dandy,” “You’re a Grand Old Flag,” “The Red, White and Blue”) and Cagney’s electrifying numbers, it’s the perfect Fourth of July movie.

1776 (Peter H. Hunt, 1972): What more fitting movie to celebrate 4th of July with than one whose historical plot builds up to the 4th of July? The Founding Fathers were never more tuneful than in this beloved adaptation of Peter Stone’s Broadway musical hit, which takes place at the dawn of the Declaration of Independence. As the colonies get ready to come together into a nation in the days leading to July 4th, 1776, the Declaration is still sorting out its obstacles, from news of military struggle to reactionary landowners. John Adams (William Daniels), Benjamin Franklin (Howard Da Silva) and Thomas Jefferson (Ken Howard) are the main characters, stirring the people and making history with a slew of famous melodic numbers, including “But Mr. Adams,” “Molasses to Rum” and “The Less of Old Virginia.”

Independence Day (Roland Emmerich, 1996): The U.S.A. takes to the interplanetary frontlines when aliens try to invade Earth. Director Roland Emmerich steals from just about every other science-fiction movie ever made, from “Earth vs. the Flying Saucers” to “Close Encounters of the Third Kind,” but succeeds in entertaining audiences thanks to an enthusiastic cast (including Will Smith and Jeff Goldblum). And what patriot could resist when, facing down the hordes of slimy creatures heading toward the planet, the American President (Bill Pullman) grabs the mike and delivers a speech that ends with: “We will not vanish without a fight! We're going to live on! We're going to survive! Today we celebrate our Independence Day!”


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News Briefs----

Colorado Springs fire destroys 346 homes

Sudhir Amembal 30th Annual World Leasing Report

Long term mortgage rates hit lows

Average credit score for home buying at record 737

After Years of False Hopes, Signs of a Turn in Housing

Government weather alerts system coming to smartphones

Apple's iPhone has a birthday -- turns 5

Ann Curry's Today Show Farewell: Why so Sorry?



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SparkPeople--Live Healthier and Longer

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Sports Briefs----

Bulls pick Teague in NBA Draft,0,556046.story

Kings select Thomas Robinson with fifth pick

Live NBA draft grades: Pick-by-pick analysis as it happens



Baseball Poem

For Junior Gilliam (1928-1978)

by B.H. Fairchild ©

Published: The Little Magazine (1978)

In the bleak, bleacherless corner 
of my rightfield American youth, 
I killed time with bubble gum 
and baseball cards and read the stats 
and saw a sign: your birthday was mine.

And so I dreamed: to rise far 
from Kansas skies and fenceless outfields 
where flies vanished in the summer sun. 
To wake up black in Brooklyn, 
to be a Bum and have folks call me Junior 
and almost errorless hit .280 every year 
and on the field, like you, dance double plays, 
make flawless moves, amaze the baseball masses.

You would turn, take the toss from Reese, 
lean back and, leaping past the runner's cleats, 
wing the ball along a line reeled out 
from home and suddenly drawn taut 
with a soft pop in Hodges' crablike glove. 
And we went wild in Kansas living rooms.

The inning's over. You're in the shadows now. 
But summers past you taught us how to play 
the pivot (or how to dream of it). 
And when one day they put me in at second, 
I dropped four easy ones behind your ghost, 
who plays a perfect game.

For Junior Gilliam (1928-1978) by B.H. Fairchild ©


Fast Facts

Jim "Junior" Gilliam played fourteen seasons with the Dodgers starting in 1953 and moving with the club from Brooklyn to Los Angeles in 1958, ending his career with the organization in 1966.



California Nuts Briefs---

Supreme Court decision on health care reform law keeps California programs intact

State parks get reprieve from closure

Tech companies compete fiercely for job candidates


“Gimme that Wine”

Sherry Sidles Out of the Drawing Room

Napa’s Bialla Vineyards Sold to Chinese Executive for $3.2 Million

Hess Shirtail Creek Vineyard Monterey Chardonnay Now Available On Tap In California

$168,000 a bottle; Penfold


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This Day in History

      1502 - Christopher Columbus arrived at Santo Domingo, Hispaniola, on his 4th voyage to the new world. He requested harbor and advised Gov. Nicolas de Ovando of an approaching hurricane. Ovando denied the request and dispatched a treasure fleet to Spain. 20 ships sank in the storm, 9 returned to port and one made it to Spain.
    1541 - The Spanish first crossed the Arkansas River. Francisco Vazquez de Coronado continued to explore the American southwest. He left New Mexico and crossed Texas, Oklahoma and east Kansas. 
    1652 - Massachusetts declared itself an independent commonwealth. 
    1736—Birthday of American Patriot Patrick Henry
    1744--  “Yankee Doodle” was written by Dr.Richard Shuckburgh, regimental surgeon to General Edward Braddock, commander in chief of the British forces during the French and Indian War.  The verses were written at Albany, NY, and set to an ancient English tune, “The World Turned Down.” Shuckburgh intended to ridicule the “homely clad colonials,” but the song was taken up by the colonist themselves, and was played at the victory celebration in Yorktown in 1781 when Lord Cornwallis surrended at the end of the Revolutionary War.
    Some of the popular songs during this time were “ The Liberty Song,” also known as “ In Freedom We're Born,” and “ My Days Have Been So Wondrous Free.”  Perhaps the most popular war song, according to historians, was “Chester,” composed in 1778 by William Billings of Boston, MA.  The song was published in Billing's “The Singing Master's Assistant or Key to Practical Music,” printed by Draper and Folsom, Boston. “Chester” contains the following chorus: “ Let tyrants shake their iron rod;/ And Slav'ry clank her galling chains,/We fear them not;/ We trust in God,/New England's God forever reigns.”
    1776-June 29, Tule Arbor--- First Church in San Francisco (before Mission Dolores ) 
    1804 - Privates John Collins and Hugh Hall of the Lewis and Clark Expedition were found guilty by a court-martial consisting of members of the Corps of Discovery for getting drunk on duty. Collins receives 100 lashes on his back and Hall receives 50
    1820 - Revenue cutter Dallas captured the 12-gun brig-of-war General Ramirez, which was loaded with 280 slaves, off St. Augustine. The 8 July 1820 issue of the Savannah Republican noted: "On the 28th ultimo, while the Cutter DALLAS was lying in the St. Mary's River, Captain Jackson received information that the Brig of war GENERAL RAMIREZ, supposed to be a piratical vessel was hovering off St. Augustine. The Cutter forthwith got under way in pursuit of the Brig having first obtained 12 United States soldiers from Fernandina to strengthen the Cutter's force. At half past three the next day, she hailed the Brig and received for answer, "This is the Patriot Brig GENERAL RAMIREZ----." Captain Jackson finding a number of blacks on board took possession of the vessel and brought her into St. Mary's, arriving on the 1st instant. Captain Jackson found on the Brig about 280 African slaves. The Captain and crew, 28 in number, acknowledged themselves Americans."
    1832-“ America the Beautiful” was written on a scrap of paper in a half hour by Dr. Samuel Francis Smith, a Baptist minister.  The original manuscript is in the Harvard University Library.
    1848—Wisconsin becomes the 30th state.
  (lower part of: ­)
    1851—The historic Ohio Woman's Rights Convention met in Akron.
    1858-Biurthday of George Washington Goethas, American engineer and army officer, chief engineer of the Panama Canal and first civil governor of the Canal Zone, born at Brooklyn, NY.  Died at New York, NY Jan 21, 1928.
    1858-Birthday of Julia C. Lathorop, a pioneer in the battle to establish child-labor laws.  Julia C. Lathrop was the first woman member of the Illinois State board of Charities and in 1900 was instrumental in establishing the first juvenile court in the U.S.  In 1912 President Taft named Lathorop chief o the newly created children's Bureau, then part of the US Dept. of Commerce and Labor. In 1925 she became a member of the Child Welfare Committee of the League of Nations.  Born at Rockford, Il, she died there April 15, 1932.
    1862-To set the record straight about a famous Internet Hoax about “Taps., a military signal, indicating “lights out” at night and “farewell” at military funerals.  The internet hoax names the right period of time, but the wrong circumstances. Actually “Taps”was played on the drum for many years, thus its name.  The musical form of “Taps,” which is performed as a bugle call and also as a song.  Union General Daniel Butterfield wrote the music on the back of a torn envelope and whistled the tune to Oliver Wilcox Norton, bugler and aide-de-camp of General Strong Vincent, commander of the  83rdRegiment Pennsylvania Volunteers of the Army of the Potomac. They were resting in camp at Harrison's Landing on the James River in Virginia, immediately after the seven days of fighting near Richmond. 
    1886 -- Harlem photographer James VanDer Zee born Lenox, Massachusetts.
    1888- World-class athlete Jim Thorpe was born in a one-room cabin near Prague in Indian Territory, now Oklahoma.  
    1888-- The first musical recording in Great Britain was made at the Crystal Palace in London on the occasion of the Handel Festival. The recording was made using Thomas Edison's cylinder phonograph.
    1905— Archibald Wright “Moonlight” Graham, a real-life ballplayer made famous by his appearance in W.P. Kinsella's novel, Shoeless Joe, and the movie, Field of Dreams, played in his only major league game.  A substitute outfielder for the New York Giants, Graham entered the game in the late innings, neither coming to bat nor making a fielding play.  Poetic license in the book and film moved this game to 1922.  The story
of his life was otherwise true.
    1910-Birthday of song writer Frank Loesser, New York City, NY
    1922—Composer-pianist Ralph Burns born Newton, Mass.  He wrote Bijou, Early Autumn, many others for Woody Herman before going out on his own as a pianist.
    1924 – Birthday of American poet Cid Corman .Throughout the 1950's and 1960's  Corman's magazine ORIGIN published some of the major works of the Black Mountain poets, as well as other important work, choosing mostly poems not yet readily available elsewhere: the early poetry of Charles Olson, Robert Creeley, and Denise Levertov with the late works of Wallace Stevens and William Carlos Williams. 
Corman has published over 70 volumes of poetry, translated several French and Japanese poets, and published four volumes of essays. He has lived in Kyoto, Japan since 1958 where he and his wife run a business, Cid Corman's Dessert Shop.
"A hint or tint of
music — as if the silence
were being turned on."
http:// corman.html corman.html
    1931 - The temperature at Monticello FL hit 109 degrees to establish an all-time record for the state.
    1933-Primo Carnera won the heavy-weight championship of the world by knocking out Jack Sharkey in the sixth round of a fight at Long Island City, NY. Carnera held the title for only a year. He knocked out two contenders and then was defeated by Max Baer in June, 1924.
    1934---After four years in the National Football League, the Portsmouth Spartans were sold to G.A. “Dick” Richards.  He moved the team to Detroit and changed its nickname from the Spartnas to the Lions.
    1936---Birthday of third baseman Harmon Clayton Killebrew, born Payette, ID.
    1938—Birthday of The Valiants leader Billy Storm, Dayton, Oh
    1939-Benny Carter records theme Melancholy Lullaby ( Vocalion 4984)
    1941—Birthday of crusader and Freedom rider Stokely Carmichael. As a radio newsman I interviewed him by telephone during the March as arranged by Hal Light of San Francisco.  He reported coined the word: “Black Power.” I also interviewed him in Oakland, California. In 1960, Carmichael formed the Student Nonviolent Coordinating Committee. The SNCC was a student desegregation & civil rights group recognized for organizing massive voter registration drives in the 1960s. In 1967, Carmichael became honorary prime minister of the militant Black Panther Party. Carmichael & his then wife, famed South African singer Miriam Makeba, moved to Guinea in 1969. He died of cancer on November 15, 1998.
    1941- In a doubleheader with the Senators, Joe DiMaggio ties and then breaks the American League consecutive game hitting streak of 41 established by George Sisler. In the opener he knots the record with a double off Dutch Leonard, and in the nightcap 'the Yankee Clipper' tops the record with a seventh inning single against Walt Masterson.
    1944- singer Little Eva, whose full name is Eva Narcissus Boyd, was born in Belhaven, North Carolina. She was the babysitter for songwriters Carole King and Gerry Goffin when she recorded their song, "The Loco-Motion." It went to number one in the summer of 1962. The background singers on the record were a group called the Cookies, who had a hit of their own later in '62 with "Chains."
    1945 - President Truman approves the plan, devised by the joint chiefs of staff, to invade Japan. The plan calls for 5 million troops, mostly Americans. Kyushu is to be invaded on November 1st with some 13 divisions (Operation Olympic) and Honshu is to be invaded on March 1, 1946 with some 23 divisions (Operation Coronet), including forces of the US 1st Army from Europe. The British will deploy a very long range bomber force in support of the invasion.
    1948---Top Hits
Nature Boy - Nat King
Toolie Oolie Doolie - The Andrews Sisters
Woody Woodpecker Song - The Kay Kaiser Orchestra (vocal: Gloria Wood & The Campus Kids)
Bouqeut of Roses - Eddy Arnold
    1955-  I remember this day very well, the start of my teenager years, when the first “Rock and Roll” song to hit Number 1 in the pop charts was “ Rock Around the Clock.,” The recording artists were Bill Haley and the Comets, one of the first all-white acts to play “Rock and Roll.”  It was the title song to the movie, “Blackboard Jungle.” Haley was originally a country and western singer, who my father hired in Chester, Pennsylvania in 1948 to sing “rock-a-billy” to a radio station when he was the general manager.  Haley later learned the electric guitar and the rest is history.
    1956---Top Hits
The Wayward Wind - Gogi Grant
I Almost Lost My Mind - Pat Boone
Picnic - The McGuire Sisters
Crazy Arms - Ray Price
    1956-Dharles Dumas of the US became the first high jumper to clear the seven-foot barrier when he reached seven ft, 5/8 inches at the US Olympic Trials meet in Los Angeles. He won the gold medal at the Melbourne Olympics later that year at a height of six ft, 11 ½ inches.
    1956-- Johnnie Ray records "Just Walking in the Rain"
    1957-Buddy Holly records "Peggy Sue"
    1959--Dick Clark announces his first Caravan of Stars tour, which would feature The Skyliners, who were still riding high on their hit "Since I Don't Have You". 
    1960—Birthday of  singer Evelyn “Champagne” King, Bronx, New York
    1963-  The first song written by John Lennon and Paul McCartney makes it to the Hot 100. It's "From Me To You" as performed by Del Shannon.
    1964---Top Hits
A World Without Love - Peter & Gordon
I Get Around - The Beach Boys
My Boy Lollipop - Millie Small
Together Again - Buck Owens
    1966--MORRIS, CHARLES B. Medal of Honor Rank and organization: Staff Sergeant (then Sgt.), U.S. Army, Company A, 2d Battalion (Airborne), 503d Infantry, 173d Airborne Brigade (Separate). Place and date: Republic of Vietnam, 29 June 1966. Entered service at: Roanoke, Va. Born: 29 December 1931, Carroll County, Va. C.O. No.: 51, 14 December 1967. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty. Seeing indications of the enemy's presence in the area, S/Sgt. Morris deployed his squad and continued forward alone to make a reconnaissance. He unknowingly crawled within 20 meters of an enemy machinegun, whereupon the gunner fired, wounding him in the chest. S/Sgt. Morris instantly returned the fire and killed the gunner. Continuing to crawl within a few feet of the gun, he hurled a grenade and killed the remainder of the enemy crew. Although in pain and bleeding profusely, S/Sgt. Morris continued his reconnaissance. Returning to the platoon area, he reported the results of his reconnaissance to the platoon leader. As he spoke, the platoon came under heavy fire. Refusing medical attention for himself, he deployed his men in better firing positions confronting the entrenched enemy to his front. Then for 8 hours the platoon engaged the numerically superior enemy force. Withdrawal was impossible without abandoning many wounded and dead. Finding the platoon medic dead, S/Sgt. Morris administered first aid to himself and was returning to treat the wounded members of his squad with the medic's first aid kit when he was again wounded. Knocked down and stunned, he regained consciousness and continued to treat the wounded, reposition his men, and inspire and encourage their efforts. Wounded again when an enemy grenade shattered his left hand, nonetheless he personally took up the fight and armed and threw several grenades which killed a number of enemy soldiers. Seeing that an enemy machinegun had maneuvered behind his platoon and was delivering the fire upon his men, S/Sgt. Morris and another man crawled toward the gun to knock it out. His comrade was killed and S/Sgt. Morris sustained another wound, but, firing his rifle with 1 hand, he silenced the enemy machinegun. Returning to the platoon, he courageously exposed himself to the devastating enemy fire to drag the wounded to a protected area, and with utter disregard for his personal safety and the pain he suffered, he continued to lead and direct the efforts of his men until relief arrived. Upon termination of the battle, important documents were found among the enemy dead revealing a planned ambush of a Republic of Vietnam battalion. Use of this information prevented the ambush and saved many lives. S/Sgt. Morris' gallantry was instrumental in the successful defeat of the enemy, saved many lives, and was in the highest traditions of the U.S. Army. 
    1966-- Neil Diamond makes his first television appearance on ABC-TV's American Bandstand, performing his hit "Cherry, Cherry."
    1967- While on tour with the Hollies, Graham Nash writes a song called "Marrakesh Express," which will later find a home (and a hit) with his new band, Crosby Stills and Nash.
    1968-HERDA, FRANK A. Medal of Honor
Rank and organization: Specialist Fourth Class, U.S. Army, Company A, 1st Battalion (Airborne), 506th Infantry, 101st Airborne Division (Airmobile). Place and date: Near Dak To, Quang Trang Province, Republic of Vietnam, 29 June 1968. Entered service at: Cleveland, Ohio. Born: 13 September 1947, Cleveland, Ohio. Citation: For conspicuous gallantry and intrepidity in action at the risk of his life above and beyond the call of duty. Sp4c. Herda (then Pfc.) distinguished himself while serving as a grenadier with Company A. Company A was part of a battalion-size night defensive perimeter when a large enemy force initiated an attack on the friendly units. While other enemy elements provided diversionary fire and indirect weapons fire to the west, a sapper force of approximately 30 men armed with hand grenades and small charges attacked Company A's perimeter from the east. As the sappers were making a last, violent assault, 5 of them charged the position defended by Sp4c. Herda and 2 comrades, 1 of whom was wounded and lay helpless in the bottom of the foxhole. Sp4c. Herda fired at the aggressors until they were within 10 feet of his position and 1 of their grenades landed in the foxhole. He fired 1 last round from his grenade launcher, hitting 1 of the enemy soldiers in the head, and then, with no concern for his safety, Sp4c. Herda immediately covered the blast of the grenade with his body. The explosion wounded him grievously, but his selfless action prevented his 2 comrades from being seriously injured or killed and enabled the remaining defender to kill the other sappers. By his gallantry at the risk of his life in the highest traditions of the military service, Sp4c. Herda has reflected great credit on himself, his unit, and the U.S. Army.
    1968-- Elvis Presley: Live Studio Performances for "'68 Comeback Special" ("Standup Show"): "Heartbreak Hotel," "Hound Dog," "One Night," "All Shook Up," "Can't Help Falling In Love," "Jailhouse Rock," "Don't Be Cruel," "Blue Suede Shoes," "Love Me Tender," Intro: "Trouble / Guitar Man," "If I Can Dream” Double Trouble," "I Love Only One Girl," "It Won't Be Long," "Long Legged Girl"
    1968-Donovan's "Hurdy Gurdy Man" enters the Billboard chart, where it will reach #5. The song featured former Yardbirds guitarist, Jeff Beck. 
    1968 -- Pink Floyd's second LP "A Saucerful of Secrets" is released.
    1968 -- "Tip-Toe Thru' The Tulips With Me" by Tiny Tim peaks at #17
    1969 - Detroit Tiger Jim Northrup ended an exciting week in his baseball career when he connected for his third grand-slam home run in seven days, setting a record in major league baseball.
    1970 - With the award-winning "Liza Minelli Special," NBC offered an evening of entertaining television.
    1971—The City of Memphis, TN, voted to name a road in honor of Elvis Presley---a 12-mile portion of the highway that passes Graceland.
    1972---*BENNETT, STEVEN L. Medal of Honor Rank and organization: Captain, U.S. Air Force. 20th Tactical Air Support Squadron, Pacific Air Forces. Place and date: Quang Tri, Republic of Vietnam, 29 June 1972. Entered service at: Lafayette, La. Born: 22 April 1946, Palestine, Tex. Citation: Capt. Bennett was the pilot of a light aircraft flying an artillery adjustment mission along a heavily defended segment of route structure. A large concentration of enemy troops was massing for an attack on a friendly unit. Capt. Bennett requested tactical air support but was advised that none was available. He also requested artillery support but this too was denied due to the close proximity of friendly troops to the target. Capt. Bennett was determined to aid the endangered unit and elected to strafe the hostile positions. After 4 such passes, the enemy force began to retreat. Capt. Bennett continued the attack, but, as he completed his fifth strafing pass, his aircraft was struck by a surface-to-air missile, which severely damaged the left engine and the left main landing gear. As fire spread in the left engine, Capt. Bennett realized that recovery at a friendly airfield was impossible. He instructed his observer to prepare for an ejection, but was informed by the observer that his parachute had been shredded by the force of the impacting missile. Although Capt. Bennett had a good parachute, he knew that if he ejected, the observer would have no chance of survival. With complete disregard for his own life, Capt. Bennett elected to ditch the aircraft into the Gulf of Tonkin, even though he realized that a pilot of this type aircraft had never survived a ditching. The ensuing impact upon the water caused the aircraft to cartwheel and severely damaged the front cockpit, making escape for Capt. Bennett impossible. The observer successfully made his way out of the aircraft and was rescued. Capt. Bennett's unparalleled concern for his companion, extraordinary heroism and intrepidity above and beyond the call of duty, at the cost of his life, were in keeping with the highest traditions of the military service and reflect great credit upon himself and the U.S. Air Force. 
    1972---Top Hits
The Candy Man - Sammy Davis, Jr.
Song Sung Blue - Neil Diamond
Outa-Space - Billy Preston
That's Why I Love You Like I Do - Sonny James
    1974-- Gordon Lightfoot's "Sundown" hits #1
    1980---Top Hits
Coming Up - Paul McCartney & Wings
The Rose - Bette Midler
It's Still Rock & Roll to Me - Billy Joel
Trying to Love Two Women - The Oak Ridge Boys
    1984- Bruce Springsteen kicks off his Born In The U.S.A. tour in St. Paul, Minnesota. His single, "Dancing in the Dark," peaks at #2 on the same day.
Foolish Beat - Debbie Gibson
Dirty Diana - Michael Jackson
Make It Real - The Jets
He's Back and I'm Blue - The Desert Rose Band
    1988 - Alpena, MI, reported a record low of 39 degrees while Jackson, MS, equaled their record for the month of June with an afternoon high of 105 degrees. Thunderstorms in the central U.S. soaked Springfield MO with 3.62 inches of rain, a record for the date.
    1989 - Thunderstorms produced severe weather in the Southern and Central High Plains Region. Thunderstorms in Colorado produced softball size hail at Kit Carson, while pea to marble size hail caused ten million dollars damage to crops in Philips County, CO.
    1990-Dave Stewart of the Oakland Athletics pitched a 5-0 no hitter against the Toronto Blue Jays at SkyDome.  Later in the day, Fernando Valenzuela of the Los Angeles Dodgers pitched a 6-0 no-hitter against the St. Louis Cardinals.  This marked the first time in major league history that no-hitters were recorded in each league on the same day and the first time in the 20th century that two pitchers hurled complete-game no-hitters on the same day.
    1994- The U.S. Supreme Court reaffirms its 1973 Roe v. Wade decision on legal abortion, but its 5-to-4 ruling June 29 in Planned Parenthood v. Casey supports a Pennsylvania law limiting a woman's right to abortion. The Court also lets stand a Mississippi law requiring a 24-hour waiting period, which critics believe hindered many poorer women from obtaining legal abortions because they cannot afford overnight stays in cities far from their homes and jobs.
    1994—Top Hits
I Swear- All-4-One 
Regulate (From "Above The Rim")- Warren G
Any Time, Any Place/And On And On- Janet Jackson
Don t Turn Around- Ace Of Base
    1994-- Barbra Streisand sets a new record after grossing $16 million for a series of Madison Square Garden comeback shows.
    1995-An American space shuttle docked with a Russian space station for the first time, resulting in the biggest craft ever assembled in space.  The cooperation involved in this linkup was to serve as a stepping-stone to building the International Space Station.
    1998-George Harrison announces that he had been receiving radiation treatment for throat cancer caused by smoking. Harrison says he has been given a clean bill of health by saying, "I'm not going to die on you folks just yet." That sad event would take place on November 29th, 2001.
    1999- Singer/songwriter Jewel forgets the words to her song "Little Sister" from her Pieces of You album during a concert in Mountain View, California. She asks the audience if anyone has a copy of her album with the front cover. A boy in the audience pulls it out of his backpack, and holds the lyrics up for Jewel while she performs
    2000- On his much awaited return to Shea Stadium, John Rocker pitches a perfect eighth inning in front of 46,998 booing fans helping the Braves to stop the Mets' winning streak at seven, 6-4. Prior to the game the Atlanta reliever read a statement apologizing for his inappropriate comments about New Yorkers which appeared in the off season in Sports Illustrated.
    2003---Top Hits
This Is The Night- Clay Aiken
Flying Without Wings- Ruben Studdard
Crazy In Love- Beyonce Featuring Jay-Z
Magic Stick- Lil' Kim Featuring 50 Cent




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