Friday, June 27, 2014
Today's Equipment Leasing Headlines
In Memory of Crosby—Who Passed Away
Classified Ads---Operations
Canada's New Anti-Spam Law Active July 1, 2014
Does Not Affect Those Sending Outside Canada
Chart---Mobile Is Taking Over Digital Media Usage
Company in Texas in Beta Stage with Mobile Leasing
Leasing News Icon for Android Mobile Device
New Hires—Promotions in the Leasing Industry
Leasing Industry Ads---Help Wanted
Cartoon—Borrow a Newspaper
Veteran Jim Borland Sells US Energy Capital
to OneWorld Business Finance
Secured Creditor’s Use of Blanket Security Interest in Loan
Agreement Pays Off in a Chapter 13 Claim Dispute
By Tom McCurnin, Leasing News Legal News Editor
Regions Bank Fined $46 Million by Federal Reserve Board
Four Officers Prohibited from Working in Banking Industry
White Clarke Group awarded Best Automotive Finance
and Leasing Software Provider
Labrador Retriever/Hound Puppy
Birmingham, Alabama Adopt-a-Dog
Fall 2014 Leasing Conferences Updates
Jersey Boys (directorial surprises)/Dormant Beauty
Non-Stop/Ernest & Celestine/A Hard Day's Night
At the Theater/Amazon-Netflix by Fernando Croce
News Briefs---
New Hampshire Newspaper on Direct Capital Acquired by CIT
(Formerly owned by Tyco)
Ironically Chris Broom & His Wife Bought Tyco Kozlowski Mansion
Lease Group Owner Arrested $8.8MM Check Kiting Fraud
(He says it "Ain't So!")
Winmark Corp: Win Is a Common Theme for John Morgan
8 locations join PacLease network
Prepaid Will Dominate Mobile Wallets, Banks Warned
Opus Bank Expands Healthcare Banking Division
BancorpSouth Announces Management Reorganization
Mortgage rates sink as economy shrinks
Broker/Funder/Industry Lists | Features (writer's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months
www.leasingcomplaints.com (Be Careful of Doing Business)
www.evergreenleasingnews.org
Leasing News Icon for Android Mobile Device
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In Memory of Crosby—Who Passed Away
The picture above served as Theresa “Tree” Kabot, CLP,
2006 Christmas card, published in Leasing News.
Theresa and Crosby at the Elliot Bay Marina in Seattle, Washington.
“Remember all those years when I was putting Cros on the holiday card? He hated wearing those antlers, but he was so good about it…
“Unfortunately, Crosby’s stage three mass cell tumors began to ulcerate and last Saturday we had to say goodbye. He was almost 14 years old.
“His vet came to the house and so he died peacefully with his head in my hands. Crosby was my first pet and this is the first time I have ever felt my heart ache like this. I remember when you had to say good-bye to your dog before Bode, so you must know exactly what it feels like…I sure do miss him… a lot.”
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Classified Ads---Operations
(These ads are “free” to those seeking employment or looking
to improve their position)
Want To Work From Home:
Have 10+ years in readying Lease Origination Documentation, Litigation case mgmt., Collection, Repossession, Remarketing, complete Discovery and Interrogatories, attend Trials and Mediation, prepare and submit SAR’s, translate for Spanish speaking customers, clients and employees, monitor high risk accounts for monetary penalties, bankruptcy management. Email: BRFR@ATT.NET |
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
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Canada's New Anti-Spam Law Active July 1, 2014
Does Not Affect Those Sending Outside Canada
Perhaps you have been receiving consent forms from Canadian companies, including Element Financial, among many others. Starting July 1, a major section of a Bill C-28 will come into effect, governing the ways businesses and organizations can communicate electronically with clients, and how clients' personal information can be used for marketing purposes.
Under the new law, companies must seek consent from those whom they send emails before they are allowed to send them electronic marketing communications, including press releases. Yes, this includes all messages sent via emails, text messages and even social media accounts. The consent must also be given every three years.
The law does not apply to companies or individuals out of Canada.
There are significant penalties for Canadians violating sending messages without the recipient's permission. At this time the Canadian Radio-television and Telecommunications Commission (CRTC), the Competition Bureau, and the Office of the Privacy Commissioner, are responsible for enforcement.
July 1, 2017, individuals and organizations in Canada will be able to file a lawsuit against anyone they believe has violated the law.
Whether the United States or other countries will adopt such a law
is not known at this time.
Here is the official web site information:
http://laws-lois.justice.gc.ca/eng/acts/E-1.6/index.html
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Chart---Mobile Is Taking Over Digital Media Usage
Company in Texas in Beta Stage with Mobile Leasing
According to comScore, this is the first time mobile apps have accounted for more than 50% of all digital media consumption. As far as content goes, mobile users tend to use radio and photo applications the most, followed by mapping and instant messaging applications, and of course, games.
- Businessinsider.com
(Readers should note that reps may one day be able from their devices, then their cars, to execute the contract on site, using eSignatures, and transmit the executed contract to the office. Once duly executed, the vendor can then be paid by mobile transfer as soon as the D&A is confirmed by the delivery which can be done as we handle FedEx and UPS now…electronically.
(There is a company now active using this procedure for approved vendors, where the lessee is offered the transaction without requiring a first or last, and the vendor can be paid in advance, before the equipment is delivered; using a mobile device with eSignature for lease contracts. At this time, the program is being developed utilizing third party originators and is in the Beta stage out of Texas.
Perhaps this is another reason CIT acquired Direct Capital as CIT has identified 20,000 of their customers who would fit the Direct Capital small ticket program that services eBay customers as well as many equipment dealers, franchisees and franchisors.* Editor)
*See story in News Briefs’ “New Hampshire Newspaper”
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Leasing News Icon for Android Mobile Device
As an icon works on a computer, this one connects to www.leasingnews.com, which is designed for a portrait reading, versus a landscape (but can be read either way).
Open www.leasingnews.org in the mobile devicde, then click the link to download the icon. Your mobile device has a download section, as your computer does, find the .apk file and open it. It will be placed with all icons and you can drag it to your face or page you want on your mobile device.
You can also copy and email it to your email program on your mobile device, and download direct (you can also ask us to email to you, which you can download).
ICON Link
|
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New Hires—Promotions in the Leasing Industry
Bill Allen was hired as Vice President and Southeast Area Manager at US Bank Equipment Finance, Columbia, South Carolina. Previously, he was Vice President and Regional Manager, TD Equipment Finance, Inc., a subsidiary of TD Bank, N.A. (June, 2011–May, 2014); Regional Sales Manager, Summit Funding Group, Inc. (November, 2009–November, 2010); Senior Financing Specialist, Key Equipment Finance (April, 2007–September, 2009); Vice President, Synovus Capital Finance (2002–2007); Vice President, LaSalle National Leasing Corporation (January, 1999–January, 2002); Vice President, First Union Leasing Group (January, 1995–January, 1997); Vice President, First Union National Bank (January, 1991–January, 1994);
AVP and Commercial Banking Manager, First Union National Bank
(January, 1989–January, 1991). Education: Brown University,
Bachelor of Arts, Political Science (1979–1983).
www.linkedin.com/in/billallen7961
Nicholas Careno was promoted to Commercial Finance, RM
People's United Equipment Finance Corp. (PUEFC), a division of People’s United Bank, Greater Boston area. He joined the bank as Vice-President, August, 2013. Previously, he was Sr. Business Banking Officer II, Sovereign Bank (June, 2012–August, 2013); Senior Account Executive, Harbour Capital Corporation (December, 2006–April, 2012); Account Executive, Direct Capital Corporation (January, 2004–December, 2006). Education: Southern New Hampshire University, Bachelor's degree, Psychology/Business
(1999–2003). Dover High School (1994–1998).
www.linkedin.com/pub/nicholas-careno/10/60/a1
Paul Frechette named Technology and Healthcare Business Unit Manager, Bank of the West Equipment Finance; based in Healdsburg, California. He joined The Alta Group January, 2011, as Head of Vendor and Captive Finance Practice, when he and his wife moved to Healdsburg, California (the Wine Country); January, 2013, was appointed to head Diversified Industries. Prior he was at Tygris, July, 2008, in charge of Vendor Finance; Tygris was purchased by EverBank Commercial Finance, where he was appointed EVP Business Development. Prior he was VP, General Manager, Sun Microsystems Global Financial Services (2006–2008). He joined Key Equipment Finance and was promoted to President and COO of the Commercial Leasing Services (2002-2006); SVP. Heller Financial, Inc. (1995–2002); SVP Vendor Services, US Leasing Corp. (1979–1994). Prior, he was senior vice president and managing director, GVF Business Development, for Heller Financial, Inc. (acquired by GE Capital in 2001) in San Francisco, California. Paul's career includes past executive assignments with U.S. Bancorp Leasing and Financial., U.S. Leasing International and Fleet Credit Corporation. Associations: Board of Trustees, Equipment Leasing & Finance Foundation (October, 2003–November, 2012). Advisory Board. University of Rhode Island Business School Advisory Board (December, 2002–December, 2013).
Board of Directors, Raven Performing Arts Theater (December, 2011–March, 2014). Education: University of Rhode Island - College of Business Administration, B.S., Marketing Management (1968–1973).
Member of the Advisory Board for the URI Business School. Coventry High School (1964–1968).
www.linkedin.com/pub/paul-frechette/2/51b/a4b
Ves Gray was hired as Director of Finance at National Truck Funding
Gulf Shores, Alabama. Previously, he was Special Assets Director, Central Equipment Finance (February, 2006–June, 2014); General Manager, Fountain Finance (October, 1998–February, 2006); Operations manager, J D Byrider (October, 1993–October, 1998); Vice President, First Alabama Bank (1991–1993); Vice President, Colonial Bank (1986–1991); Dealer Finance, Southtrust (1983–1985). Education: University of Alabama (1979–1983).
University of Alabama at Birmingham, VHHS.
www.linkedin.com/pub/ves-gray/18/bb3/6b9
Dean H. Rosencrans was hired as senior vice president to Capital One Bank’s Middle Market Commercial Banking team, serving greater Dallas. Previously, he was Senior Vice President Middle Market Banking, BBVA Compass (July, 2011–May, 2014). He joined Wells Fargo as VP-Commercial Bank, January, 2000; then in February, 2004 became Region Cross-Sell Business Development Manager, Wells Fargo Insurance Services; promoted January, 2007, to VP-Southwest Region International Business Development, Wells Fargo; then VP-Southwest Region International Business Development, Wells Fargo (January, 2007-June, 2010). Prior, he was Vice President Business Development, US Bancorp (1999–2001); Fleet Lease Marketing Rep., GE Capital (1998–1999). Organizations: Dallas Region Chamber of Commerce. Education: University of Washington, Michael G. Foster School of Business, Bachelor of Business Administration (BBA), Marketing/Marketing Management, General (1992–1994). Bellevue Community College, Associate of Arts and Sciences, (A.A.S.), Marketing (1992–1993).
www.linkedin.com/in/deanrosencrans
Scott Shapiro was promoted to Chief Operating Officer, Warren Capital, Novato, California. He joined the firm June, 2001. “He is responsible for sales, credit/debt placement, underwriting, funding and M&A financial modeling. He also oversees Warren Capital’s servicing, contract administration, and documentation as well as managing relationships with Warren Capital’s lending partners. In addition, he carries responsibilities for business development in the community bank, healthcare, and franchise markets. Mr. Shapiro is a graduate of Boston College (1997-2001) with degrees in Finance and Information Systems. While in Boston, he worked for FleetBoston Financial, assisting on the banking side during their merger with BankBoston. He also acts as the Treasurer of a local charitable foundation and has been recognized as one of the top young executives in the North Bay. Mr. Shapiro is native to the Bay Area and he and his family reside in Sonoma, California.”
www.linkedin.com/pub/scott-shapiro/24/506/a97
Richard Weiner was hired as Registered Representative, AXA Advisors, Baltimore, Maryland. Previously, he was Vice President of Business development, Madison Capital Equipment & Vehicle Leasing (October, 2013-January, 2014). AVP/Commercial Lending, Harbor Bank of Maryland (June, 2013-September, 2013); Member, Business Development Officer, Palmetto Citizens Federal Credit Union (October, 2006-April, 2013); Owner, Weiner Associates (retail wine & spirits), January, 2005-January, 2008; Senior Financial Advisor, Bank of America (May, 2003-March, 2005); Senior Financial Consultant (Legg Masson) March, 1999-January, 2003): Investment Broker, Legg Mason Wood (January, 1999-January, 2003); Associate Vice President Investments, A.G. Edwards & Sons (January, 1992-March, 1999). Education: University of South Carolina, Bachelor of Arts, Journalism and Mass Communications (1981–1985), University of South Carolina, Bachelor of Arts, Journalism (1981–1985), University of South Carolina-Columbia Journalism, Business Administration and Marketing, 2.85 (1981–1985).”While attending college, I was the Music Director for 2 years and Station Manager of WUSC FM, the university radio station. WUSC FM is considered a top 20 radio station nationally. I also was on student leadership and met with the president monthly to discuss the latest developments at WUSC fm.”
www.linkedin.com/pub/richard-weiner/9/b99/839
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Leasing Industry Help Wanted
For information on placing a help wanted ad, please click here:
http://www.leasingnews.org/Classified/Hwanted/Hwanted-post.htm
Please see our Job Wanted section for possible new employees.
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Veteran Jim Borland Sells US Energy Capital
to OneWorld Business Finance
Jim Borland, 72, President/Founder of U.S. Energy Capital, Greensboro, Georgia, who had retired in February, 2011, and then "re-acquired" his broker/lessor company in February, 2012, has sold his company to OneWorld Business Finance, Austin, Texas, a leasing co-operative. He reportedly “...will continue to be an integral part of daily operations for the near future." US Energy was a member of the OneWorld Business Finance Co-operative.
“I am still enjoying the business,” Borland told Leasing News. “This agreement will let me slow down and do what I do best and that is finding the need for a program and putting it together and handing it off to the young bucks.”
Founded in 1983, the web site notes the company "has been a leader in providing attractive loan programs to one of the country’s most capital-intensive markets; the retail petroleum and convenience store industry."
"I think this will be a great fit for both companies,” said Lou Manitzas, President of OneWorld. "“We look forward to working with Jim and his team to bring our finance offering to US Energy Capital’s customers."
Jim Borland added, "“We’re excited that we can now offer many more options for new and existing customers.”
Web Site:
http://www.oneworldleasing.com/
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Secured Creditor’s Use of Blanket Security Interest in Loan
Agreement Pays Off in a Chapter 13 Claim Dispute
By Tom McCurnin
Leasing News Legal News Editor
Blanket Security Interest in Creditor’s Security Agreement Captures Unexpected Collateral in Chapter 13 Claims Proceeding. Debtor’s Claim That He Didn’t Read nor Understand Term Was No Excuse
In re Bender, 2013 WL 1279072 Bkrtcy.D.Mont.,2013
Creditors have been using blanket security agreements for decades now, to capture not only the specific collateral contemplated by the loan agreement, but to glom onto anything else that falls into that fly trap. In today’s case, the creditor’s use a blanket lien yielded an unexpected result, a piece of equipment unrelated to the creditor’s loan or his financed business. The facts follow.
Lance Bender was injured at his job, and decided to start up several businesses. The first business was a vending machine business, in which he owned about 50 vending machines. Another business was a car wash. He financed the purchase of the car wash with Independence Bank, and executed a mortgage and security agreement. The security agreement provided that the obligation was secured by
“All Property described in this Agreement that Debtor owns or has sufficient rights in which to transfer an interest, now or in the future.”
Property was defined as “all equipment, including, but not limited to, machinery, fixtures, manufacturing equipment, farm machinery and equipment, shop equipment, office and record keeping equipment, parts, and tools. The Property includes any equipment described in a list or schedule Debtor gives to Secured Party, but such a list is not necessary to create a valid security interest in all of Debtor's equipment.”
The Debtor subsequently bought a John Deere “Skid Steer” with
pick-up boom ($27,700) for his vending machine business, a device which apparently makes it easier to load heavy vending machines. It was unconnected with the car wash business which the Bank financed;
however, the Debtor did testify he used it from time to time at the car
wash.
The Debtor claimed that he assumed the Bank’s collateral was all the equipment at the car wash, and did not include the equipment in his vending machine business. He candidly admitted he did not read, nor understand the blanket security agreement, but also stated that the Bank did not explain the clauses to him.
The Debtor defaulted under the car wash loan and filed a Chapter 13. The Bank filed a secured claim listing the Skid Steer and objected to the Plan. The Debtor objected to the secured claim and brought the matter to hearing.
The Bankruptcy Court ruled that the above clauses in the blanket security agreement created a lien on all of debtor’s equipment whether connected with the car wash or not, and thus, the Skid Steer was collateral for the Bank’s loan.
This simple little case amply evidences the reasons why a short blanket security agreement in an equipment lease might unexpectedly reap benefits for the lessor downstream. While I don’t place a lot of credence in them, their existence may provide a nice surprise for the lender.
Bender PDF
Tom McCurnin is a partner at Barton, Klugman & Oetting
in Los Angeles, California.
Tom McCurnin
Barton, Klugman & Oetting
350 South Grand Ave.
Suite 2200
Los Angeles, CA 90071
Direct Phone: (213) 617-6129
Cell (213) 268-8291
Email: tmccurnin@bkolaw.com
Visit our web site at www.bkolaw.com
Previous Tom McCurnin Articles:
http://www.leasingnews.org/Conscious-Top%20Stories/leasing_cases.html
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##### Press Release ############################
Regions Bank Fined $46 Million by Federal Reserve Board
Four Officers Prohibited from Working in Banking Industry
The Federal Reserve Board on Wednesday announced that Regions Bank, Birmingham, Alabama, will pay a $46 million penalty for misconduct related to the process followed by the bank in the first quarter of 2009 for identifying and reporting non-accrual loans. The Federal Reserve also issued a consent order requiring Regions Bank to continue to improve its relevant policies and procedures. The Federal Reserve's consent order is being issued jointly with the Alabama Department of Banking, which is assessing Regions Bank a $5 million penalty, and in conjunction with actions by the Securities and Exchange Commission.
The Federal Reserve also announced enforcement actions against three former employees of Regions Bank who were responsible for the misconduct addressed in the action against the bank. The Federal Reserve is initiating administrative proceedings against Thomas A. Neely, Jr., former senior commercial credit executive of the Bank, seeking an order prohibiting him from the banking industry and separately assessing Neely a $2.4 million civil money penalty. The Federal Reserve is also issuing consent orders, jointly with the Alabama Department of Banking, against Michael J. Willoughby, the former chief credit officer of Regions Bank, and Jeffrey C. Kuehr, former head of the Bank's problem loan workout department, prohibiting them from further participation in the banking industry.
The enforcement actions are based on deficiencies in the controls and procedures in place at Regions Bank in the first quarter of 2009 for identifying loans for non-accrual status and for assuring that accurate and complete information was provided to Federal Reserve and Department of Banking examiners in connection with an examination focused on the bank's non-accrual process. The enforcement actions against the former employees are based on their participation in the deficient non-accrual loan process in the first quarter of 2009 and on their providing inaccurate, incomplete, and misleading information to examiners about that process.
Separately, the Securities and Exchange Commission is taking action against the three former employees of Regions Bank for their misconduct in connection with the first quarter 2009 reporting of non-accrual loans. The Securities and Exchange Commission also entered into a deferred prosecution agreement with Regions Financial Corp., Regions Bank's parent holding company.
### Press Release ############################
((Please click on ad to learn more))
(Leasing News provides this ad “gratis” as a means
to help support the growth of Lease Police)
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### Press Release ############################
White Clarke Group awarded Best Automotive Finance
and Leasing Software Provider
Delegates from White Clarke Group’s China and Australian offices have today been presented with a prestigious award during the China Leasing Summit in Beijing.
Delegates from White Clarke Group’s China and Australian offices have been presented with a prestigious award during the China Leasing Summit in Beijing.
White Clarke Group has been awarded the title ‘The Best Automotive Finance and Leasing Software Provider’ by the Leasing Committee of China Chamber of International Commerce.
Mike Deng, Consultant, who accepted the award on behalf of White Clarke Group said, “This award further recognizes our continued growth in the Asia Pacific market and reinforces our position in leading-edge technology and innovation. I am proud to accept this award on behalf of the company and the staff that work tirelessly to help us achieve such a prestigious title.” White Clarke Group was also honored with presenting the ‘Asia-Pacific Vendor Finance Provider of the Year’ award to De Lage Landen (China).
The award ceremony has been one of the highlights of an iconic industry event that runs from 18th-20th June at the Crowne Plaza Beijing, China. Hosted by the Leasing Committee of China Chamber of International Commerce, and the China Leasing Alliance, the conference provides an effective platform on which the delegates can familiarize themselves with the market and government policies and regulations for the China leasing industry.
About White Clarke Group
White Clarke Group is the world's leader in end-to-end automotive and asset finance software solutions and consulting services. It is a global organization employing around 500 professionals, with offices in the UK, China, USA, Canada, Australia, Austria and Germany. The company’s award-winning CALMS2 end-to-end platform provides a flexible workflow approach that automates the entire business process from origination through contract to portfolio management trusted by more than 100 customers in 30 countries around the globe
#### Press Release #############################
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Labrador Retriever/Box Mix
Dover, New Hampshire Adopt-a-Dog
Shasta
ID# 140409
Female
Puppy 3mths, 2 wks
16.6 lbs
Primary Color: Black
Spayed
Greater Birmingham Humane Society
Pet ID #: 140409
Phone: (205) 942-1211
Fax: (205) 942-1213
E-mail: contactus@gbhs.org
Website: http://www.gbhs.org
Address:
300 Snow Drive
Birmingham, AL 35209
Puppies 6 months & under: $100 (already spayed/neutered)
Adopt a Pet
http://www.adoptapet.com/
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Fall 2014 Leasing Conferences Updates
September 4-6
2014 Eastern Regional Meeting
Lord Baltimore Hotel
Baltimore, MD
September 10-12
Canadian Finance and Leasing Association
The Fairmont Chateau Whistler
Whistler, British Columbia
September 18-20
Hyatt Regency San Antonio Riverwalk
123 Losoya Street
San Antonio, Texas 78205
United States
September 19 - 20, 2014
Tianjin, China
Sudhir Amembal:
The First Global Leasing Industry Competitiveness Forum
For More Information:
kelly@amembalandassociates.com
Qualified leasing professionals from outside of China will not be charged any registration fees. They are, however, expected to pay for all their travel expenses including accommodations and meals at the venue.
From the Chinese side, the speakers will include prominent leasing company executives and supportive governmental representatives; from the international side, the speakers will be drawn from senior executives from leading leasing companies and others who have played a vital role in leasing's international growth.
Confirmed speakers include:
• Bob Rinaldi, Chairman-Elect, ELFA, U.S.A.
• Jukka Salonen, Chairman, Leaseurope, Finland
• Arnaldo Rodriguez, President, CSI International, Spain
• Fred Sasser, Chairman, Chicago Freight Rail, U.S.A.
• Esteban Gaviria, CEO, Leasing Bancolombia, Colombia
October 9 -10
Eurostars Grand Marina
Barcelona, Spain
Booking of rooms at the Grand Marina is to be done by filling in a Hotel Reservation Form, which can be downloaded from the Annual Convention website at:
http://www.annual-convention.eu/index.php?page=accommodation
Last year's event was a resounding success with more than 500 participants from across Europe as well from Australia, Canada, China, Morocco, South Korea and the USA.
Registration/Further Information:
http://www.annual-convention.eu/
October 19-21
2014 53rd Annual Convention
Manchester Grand Hyatt
San Diego, CA
November 5-7
34th Annual AGLF Fall Conference
Loews Ventana Canyon
Tucson, Arizona
November 6 - 8
2014 Western Regional Meeting
Hyatt Regency Irvine
Irvine, CA
November 11-13
The 2014 Middle East Leasing Summit to be held November 11-13 at the JW Marriott Marquis Hotel Dubai is reported to be strongly supported by leading leasing companies and international leasing association.
This summit will gather regional government officials, vendor representatives, national organizations and industry leaders to interpret the air finance from the aspect of market situation, regulatory, growth point and second hand aircraft to better understand Middle East air finance market.
The conference promises "Deep insight into Middle East leasing market climate with introduction of Islamic Finance’s application and banks’ involvement. There is no doubt that this summit will provide a premier platform for its delegates to establish strategic cooperative partnerships, expand business. We firmly believe that your outstanding industrial background and broad knowledge would contribute significantly to the quality and scope of this
summit."
For more information, please visit the official website at
http://www.duxes-events.com/LeaseME/
November 12 - 14
Commercial Finance Association
70th Annual Convention
Washington Marriott Wardman Park
Washington, D.C.
November 16 -17
NJ Expo Regional
Teaneck, New Jersey
(Sunday evening- All Day Monday)
November 18 - 21, 2014
Istanbul, Turkey
The Third Annual Operating Lease Conference
"Three prominent and qualified speakers have been added to the agenda.
They are: Stephan van Beek, Senior Director Sales & Marketing Development - EMEA, Oracle Financing, an expert on software leasing; Arnaldo Rodriguez, President – International Division, CSI Leasing, who is the epitome of having successfully globalized the product; and, Esteban Gaviria, CEO, Leasing Bancolombia, who leads the most successful bank-held operating leasing company in Latin America. I will chair the conference and also teach a two-day seminar preceding the conference."
Sudhir Amembal
For More Information:
kelly@amembalandassociates.com
CFA Related Conferences
http://www.leasingnews.org/PDF/CFAConferences_2014.pdf
CFA Network Calendar
http://www.leasingnews.org/PDF/CFAEventsCalendar_2014.pdf
ELFA ---2014 Schedule of Conferences, Workshops
and e-Learning Opportunities
http://www.leasingnews.org/PDF/ELFA2014ScheduleInfo_1212014.pdf
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Fernando's View
By Fernando F. Croc
New releases bring a heartfelt musical ("Jersey Boys") and engrossing drama ("Dormant Beauty"), while muscular action ("Non-Stop"), gentle animation ("Ernest & Celestine") and classical exhilaration ("A Hard Day's Night") hit DVD shelves.
In Theaters:
Jersey Boys (Warner Bros. Pictures): At a time in his career when he could simply be resting on his laurels, Clint Eastwood is still experimenting with genres. In his new movie, the legendary star directs a screen version of the popular jukebox musical about the rise and fall of the 1960s group The Four Seasons. Unfolding like a self-commenting biopic, the film centers on the friendship between Frankie Valli (John Lloyd Young) and Tommy DeVito (Vincent Piazza), two members of the quartet of streetwise kids from New Jersey whose exceptional voices brought them fame and fortune. Success with audiences is just the beginning, however, as romantic affairs, Mafia deals, and tensions within the group soon threaten their bond. Made with heart and panache, the movie is both a smart summer release and proof that Eastwood still has quite a few directorial surprises in him.
Dormant Beauty (Emerging Pictures): Veteran Italian provocateur Marco Bellocchio presents another provocative and humane mosaic with this engrossing multi-character drama. Taking place over the last days in the life of a comatose woman, the film connects a handful of people at a crucial crossroads in their lives. There's the patient's mother (Isabelle Huppert), a French actress desperately trying to wake up her daughter; a doctor (Pier Giorgio Bellocchio) determined to save the life of a depressed drug addict (Maya Sansa); the religious clash threatening to tear apart a young couple (Alba Rohrwacher, Michele Riondino); and a politician (Toni Servillo) who must question his own beliefs when a powerful new position comes his way. A work of intelligence and subtlety, Bellocchio's movie is both an analysis of modern Italian society and a look at universal doubts. With subtitles.
Netflix Tip: Though often overshadowed by his contemporary Bernardo Bertolucci, Marco Bellocchio is an Italian master in his own right. With "Dormant Beauty" finally getting released, check out some of his previous triumphs, which include "Fist in the Pocket" (1965), "China Is Near" (1967), "Good Morning, Night" (2003) and "Vincere" (2009). |
On DVD:
Ernest & Celestine (New Video): Though it lost the Best Animated Feature Oscar to Disney's "Frozen," this gentle animated feature from France has its own brand of charm. The story takes place in an upstairs-downstairs world in which bears live in cities and mice live underground, kept apart by suspicion and fear. That's where an unlikely friendship blossoms between two outcast critters, an apprentice mouse dentist named Celestine (voiced by Pauline Brunner) and a struggling bear musician named Ernest (Lambert Wilson). Living on the margins of their own societies, they use their respective talents to help each other, and a strong bond develops between them. But can it survive their different backgrounds? Directed by Stephane Aubier, Vincent Patar and Benjamin Renner, this is a lilting fable about mutual connection overcoming prejudice. With subtitles.
A Hard Day's Night (Criterion): Younger audiences may not be able to realize the full scope of excitement that Beatlemania had in the early 1960s, but there's no mistaking the exhilaration captured in this 1964 comic classic, which captures the Fab Four's personalities over the course of a couple days on tour. Making their way through London en route to a concert, smart-alecky John Lennon, sensible Paul McCartney, quiet George Harrison, and melancholy Ringo Starr meet screaming fans, temperamental producers, and McCartney's mischievous grandfather. Employing a manic array of cinematic tricks, director Richard Lester gives a kaleidoscopic view of the group's fame, with moments of pure giddiness as well as unexpected poignancy. The priceless soundtrack includes the title tune, as well as "I Wanne Be Your Man," "Can't Buy Me Love," and "She Loves You."
Non-Stop (Universal Pictures): Having recently cornered the market on middle-aged action heroes with "Taken," "Unknown" and "The Grey," Liam Neeson continues his muscular run with this enjoyable, frequently ingenious thriller. Neeson stars as Bill Marks, an air marshall who sees his skills suddenly tested in the middle of a transatlantic flight from New York to London. Hopes for an uneventful voyage are dashed as soon as he receives an anonymous text message threatening to harm the people onboard unless the airline transfers a fortune into a mysterious account. From then, it's his claustrophobic mission to sniff out the culprits behind this scheme, with only a fellow passenger (Julianne Moore) to support him. Resourcefully directed by Jaume Collet-Serra, it's a fleet and entertaining ride that benefits greatly from sly humor and Neeson's taut presence.
[headlines]
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News Briefs----
New Hampshire Newspaper on Direct Capital Acquired by CIT
(Formerly owned by Tyco)
http://www.nhbr.com/July-11-2014/NH-based-Direct-Capital-acquired-by-CIT/
Ironically Chris Broom & His Wife Bought Tyco Kozlowski Mansion
http://leasingnews.org/archives/Feb2011/2_24.htm#mansion
Lease Group Owner Arrested $8.8MM Check Kiting Fraud
(He says it "Ain't So!")
http://www.courierpostonline.com/story/news/local/south-jersey/2014/06/24/man-arrested-alleged-check-kiting-scheme/11311853/
Winmark Corp: Win Is a Common Theme for John Morgan
http://seekingalpha.com/article/2284843-winmark-corp-win-is-a-common-theme-for-john-morgan
8 locations join PacLease network
http://fleetowner.com/equipment/8-locations-join-paclease-network
Prepaid Will Dominate Mobile Wallets, Banks Warned
http://www.bankinnovation.net/2014/06/prepaid-will-dominate-mobile-wallets-banks-warned/
Opus Bank Expands Healthcare Banking Division
http://www.abladvisor.com/news/4905/opus-bank-expands-healthcare-banking-division
BancorpSouth Announces Management Reorganization
http://online.wsj.com/article/PR-CO-20140626-905927.html
Mortgage rates sink as economy shrinks
http://www.bankrate.com/finance/mortgages/mortgage-analysis.aspx?ic_id=Top_Stories_link_1
John Kenny
Receivables Management
www.jrkrmdirect.com
• End of Lease Negotiations & Enforcement
• Fraud Investigation
• Credit Investigations
• Asset Searches
• Skip-tracing
• Third-party Commercial Collections
The Solution to Your Credit & Accounts Receivable Needs
John Kenny
315-866-1167 | John@jkrmdirect.com
|
(Leasing News provides this ad as a trade for investigations
and background information provided by John Kenny)
[headlines]
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--You May Have Missed It
The best and worst states for summer road trips
http://blog.sfgate.com/topdown/2014/06/23/the-best-and-worst-states-for-summer-road-trips/?cmpid=hp-hc-cars#24509101=0
[headlines]
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SparkPeople--Live Healthier and Longer
Empty Nesters Find Purpose and Motivation
The Action Step Guide Once the Children Leave
http://www.sparkpeople.com/resource/motivation_articles.asp?id=143
[headlines]
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Baseball Poem
This poem by Robert L. Harrison depicts one of the best teams of all times. The 1927 Yankees or "Murderer's Row" were legendary and this poem pays tribute to those magnificent Yanks.
1927 Yankees
by Robert L. Harrison ©
Published: New York Baseball Poems (1999)
Gather 'round you fans of baseball
you lovers of season past,
let me take you back to the greatest team
that ever played on grass.
Guided by Miller Huggins
known as "murderer's row,"
never was such a string of pearls
so feared this side of Hell.
Greedy was this awesome bunch
with Ruth and Gehrig leading the punch,
and Hoyt and Moore on the mound
shooting all the batters down.
Gasping crowds assemble
like sinners in a tent,
watching all the other teams
trying to repent.
God blessed those boys of summer
those pin-striped renegades,
with a winning passion
while others saw only the haze.
Gathering in the rosebuds
by playing excellent ball,
called the "five o'clock lightning"
taking the pennant in the fall.
Gone were any pretenders to the throne
no on stood wherever these Yankees roamed,
twenty-five men made up this team
and all had a year better than their dreams.
1927 Yankees by Robert L. Harrison ©
Fast Facts
Murderer's Row was anchored by Babe Ruth, who hit sixty home runs and batted .356; and Lou Gehrig, who had forty-seven home runs and batted .373.
The team won one-hundred ten games and the other members included: Earle Combs, who hit .356 and led the league in hits, singles and triples; Tony Lazzeri, who hit eighteen home runs and batted .309; and Bob Meusel who hit .337.
This poem is a Baseball Almanac exclusive and appears here with expression written permission from the author.
[headlines]
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Sports Briefs----
Heat pick LeBron's "favorite player"
http://www.miamiherald.com/2014/06/26/4204491/miami-heat-acquires-uconns-shabazz.html
Belgium wins, will face U.S. on Tuesday
http://www.chicagotribune.com/sports/soccer/chi-belgium-wins-will-face-u.s.-20140626,0,7487200.story
A rude welcome back for Tiger Woods
http://sports.yahoo.com/news/rude-welcome-back-tiger-woods-173231914--golf.html
[headlines]
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California Nuts Briefs---
Marin woman arrested, 130 bikes recovered, in alleged theft ring
http://www.marinij.com/crimebeat/ci_26034677/marin-woman-arrested-130-bikes-recovered-alleged-theft
John Lennon's art shines on in Healdsburg
http://www.pressdemocrat.com/article/20140626/articles/140629655
[headlines]
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“Gimme that Wine”
http://www.youtube.com/watch?v=EJnQoi8DSE8
Wine Enthusiast Reveals America’s 100 Best Wine Restaurants of 2014
http://www.winemag.com/2014-100-Best-Restaurants-in-America
Wine books worth having on hand
http://www.argusleader.com/story/wineblog/2014/06/25/wine-books/11369837/
Chinese millions tracked to French vineyards
http://www.telegraph.co.uk/news/worldnews/asia/china/10926600/Chinese-millions-tracked-to-French-vineyards.html
J. Lohr Estates Falcon's Perch Pinot Noir and Flume Crossing Sauvignon Blanc Now Available on Tap in California and Nevada
http://www.winebusiness.com/news/?go=getArticle&dataid=134780
Food and wine fest showcases Santa Barbara as a growing foodie hot spot
http://www.foxnews.com/leisure/2014/06/24/food-and-wine-fest-showcases-santa-barbaras-growing-foodie-hotspot-status/
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, titled, “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.cummer.org/collection/euro/euro5.htm
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://www2.gasou.edu/facstaff/dpanther/married.htm
http://www.csulb.edu/projects/ais/woodcuts/0062.wood.txt 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. That spring, Hickey and another soldier were arrested for passing counterfeit money. While incarcerated, Hickey revealed to another prisoner, Isaac Ketchum, that he was part of a wider conspiracy of soldiers who were prepared to defect to the British once the expected invasion came.[2] Arrested by civilian authorities, Hickey was turned over to the Continental Army for trial. He was court-martialed and found guilty of mutiny and sedition. He was hanged before a crowd of 20,000 spectators in New York.
http://famousamericans.net/thomashickey/
http://www.shirleyassociation.com/governor_tryon_of_north_carolina.htm
http://www.factmonster.com/ce6/people/A0849552.html
http://www.tryonpalace.org/pages/classpgs/d1_footpg.html
http://en.wikipedia.org/wiki/Thomas_Hickey_(soldier)
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. British scientist James Smithson (d. 1829) left most of his wealth to his nephew, Henry James Hungerford. However, when Hungerford died childless in 1835,[ the estate passed "to the United States of America, to found at Washington, under the name of the Smithsonian Institution, an Establishment for the increase & diffusion of knowledge among men.", in accordance with Smithson's will. The American diplomat Richard Rush was dispatched to England by President Andrew Jackson to collect the bequest; Rush returned in August, 1838 with 105 sacks containing 104,960 gold sovereigns (about $500,000 at the time)
(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’s 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 entered 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.
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 attacked them and drove them off. Ward was hit in the breast by a Minnie 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
http://oha.ci.alexandria.va.us/shop/fw-shop.html
http://www.newadvent.org/cathen/15551a.htm
1862- May Irwin birthday - U.S. singer-actor. Born at Whitby, Ontario as Georgina May Campbell. She popularized ragtime with such songs "After the Ball" and "A Hot Time in the Old Town Tonight." In the 1895 Broadway show “The Widow Jones”, she introduced "The Bully Song", which became her signature number. The performance also featured a lingering kiss, which was seen by Thomas Edison, who hired Irwin and her co-star John C. Rice to repeat the scene on film. In 1896, Edison's Kinetoscope production, “The Kiss”, became the first screen kiss in cinematic history.
1864 --Atlanta Campaign-Battle of Kennesaw Mountain http://www.ngeorgia.com/history/kennesa http://americancivilwar.com/statepic/ga/ga015.htmlwmtn.html
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://www.graveyards.com/foresthome/goldman.html
http://sunsite.berkeley.edu/Goldman/
http://sunsite.berkeley.edu/Goldman/Guide/
1872 - Birthday of African-American poet and novelist
Paul Laurence Dunbar.
http://memory.loc.gov/ammem/today/jun27.html
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, Comanche, 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 Comanche, 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 huntersy's .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 Comanche and Kiowa had been badly beaten and Indian resistance on the Southern Plains had effectively collapsed.
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 Barretts 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).
1893 – The New York stock market crashed.
1896 –A kiss in a film brought demands for movie censorship.
http://www.northernstars.ca/actorsghi/irwinbio.html
http://www.northernstars.ca/actorsghi/irwin.html
http://www.garlic.com/~tgracyk/irwin.htm
1912-Birthday of Min Okubo, award-winning U.S. artist of Japanese descent who 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 retrospectives 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 - Elmo Hope Birthday. Born St. Elmo Sylvester Hope, in New York City, he was an American jazz pianist, composer, and arranger, chiefly in the bebop and hard bop genres. Hope's contemporaries included Thelonious Monk and Bud Powell, and he grew up playing and listening to jazz and classical music with Powell. http://members.tripod.com/~hardbop/ehope.html
http://page.freett.com/basiemusic/elmo-hope.html
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."
http://www.hillbilly-music.com/dj/dj_details.cfm?dj_id=1810
http://www.dagmar-anita-binge.de/ccd225-226.htm
1927 - Birthday of pianist Johnny “Big Moose” Walker, Stoneville, MS http://www.storm.ca/~moparman/bmw.shtml http://www.hitsquick.com/music/Artist/Walker,Johnny_Big_Moose
1930 - Birthday of H. Ross Perot, philanthropist, businessman, 1992 and 1996 presidential candidate, at Texarkana, TX. http://www.perot.org/
1930 – Birthday of Willie Mosconi. American professional pool (pocket billiards) player from Philadelphia. Between the years of 1941 and 1957, he won the World Straight Pool Championship an unmatched fifteen times
1940-Cab Calloway Band with Chu Berry cuts “Ghost of a Chance”.
1942 – Birthday of Beach Boy Bruce Johnston. Born Benjamin Baldwin in Peoria, IL, he was adopted by William and Irene Johnston of Chicago and grew up on the West side of Los Angeles in Brentwood and Bel-Air. His adoptive father was president of the Owl Rexall Drug Company in Los Angeles after moving from Walgreens in Chicago.
1944 - American forces completed their capture of the French port of Cherbourg from the Germans three weeks after D-Day.
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 think 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.
1950 - Fashion designer Vera Wang birthday, born in New York City.
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
1955 - Neal Schon, vocalist and guitarist with the hard-pop band Journey, was born in San Mateo, California. The group's fourth LP, "Infinity," sold a million copies in 1978. Three years later, "Escape" became Journey's first number-one LP. A single from it, "Open Arms," hit number two on the Billboard chart. Journey is said to be the first rock band to inspire a video game - "Journey - Escape" was in the arcades in late 1982.
1957 - More than 500 people were killed when Hurricane Audrey slammed through coastal Louisiana and Texas.
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
1962 - Gene Chandler's "Duke of Earl" reached number one on the Billboard Hot 100. The record, released only ten days after Chandler signed with Vee-Jay records in Chicago, remained in the top spot for three weeks.
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 - Billy 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.
1975 - Jackie Gleason's LPs Music, Martinis and Memories and Music for Lovers Only are certified gold
1986 - Van Halen released "Why Can't This Be Love," their first single since Sammy Hagar replaced David Lee Roth as lead singer. It would rise to number three on the Billboard chart.
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").
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.
1972 - The video game company Atari was founded by Nolan Bushnell and Ted Dabney in Santa Clara, Calif.
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 35,698 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
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.
1980 - President Jimmy Carter signed legislation reviving draft registration
1985 - Route 66, which originally stretched from Chicago to Santa Monica, Calif., passed into history as officials decertified the road. U.S. Route 66 (US 66 or Route 66), also known as the Will Rogers Highway and colloquially known as the Main Street of America or the Mother Road, was one of the original highways within the U.S. Highway System. Route 66 was established on November 11, 1926—with road signs erected the following year. The highway, which became one of the most famous roads in America, originally ran from Chicago, Illinois, through Missouri, Kansas, Oklahoma, Texas, New Mexico, and Arizona before ending at Santa Monica, California, covering a total of 2,448 miles (3,940 km). Much of the early highway, like all the other early highways, was gravel or graded dirt. Due to the efforts of the U.S. Highway 66 Association, Route 66 became the first highway to be completely paved in 1938.
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
1989-The NBA draft was televised for the first time by WTBS. The Sacramento Kings selected center Pervis Ellison of Louisville with the first pick.
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” education in US public schools. 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.”
1991 - James Brown was paroled in Columbia, South Carolina after serving 15 months of a six-year-term for leading police on a chase through South Carolina and Georgia.
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
1995 - Canadian singer Celine Dion made British chart history by becoming the first artist in more than 30 years to have both the number-one album and single for five straight weeks. Dion topped the singles chart with "Think Twice" and the album chart with "The Color of My Love." The last time that happened for five consecutive weeks was in 1964 with "I Feel Fine" and "Beatles for Sale."
1995 - Beach Boys Mike Love and Brian Wilson reunited for the first time in 15 years to work on two new songs at Love's home in Lake Tahoe, Nevada. The reconciliation came two months after Love and Wilson settled their long-running legal battle over the songwriting credits on 35 of the group's songs.
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 - BTK serial killer Dennis Rader pleaded guilty to 10 murders that spread fear across Wichita, Kan., beginning in the 1970s. He later received multiple life sentences.
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 - Former Illinois Gov. Rod Blagojevich was convicted by a federal jury in Chicago of corruption. He was later sentenced to 14 years in prison.
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.
2011 - Citing MLB refusal to sign off on a transaction that would provide the team with $385 million, the Dodgers file for bankruptcy protection in a Delaware court. Although there will be no disruption to the day-to-day status of the franchise, the Chapter 11 financing permits the Dodgers to use $150 million for daily operations and gives owner Frank McCourt time to seek a media deal that will ensure the club's long-term financial stability.
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