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Leasing News is a web site that posts information, news, and
entertainment for the commercial bank, finance and leasing industry

kitmenkin@leasingnews.org
   

Documentation
Anaheim, CA


Financial Pacific Leasing’s Commercial team in Anaheim, CA is growing their Documentation/Funding group and looking for someone with an keen attention to detail and ready for the opportunity to work hard, learn and grow.

Please click here for more information.

www.finpac.com
A subsidiary of Umpqua Ban
k



Wednesday, June 10, 2015



Today's Equipment Leasing Headlines

State of California Proposes to Eliminate Exemption
Enjoyed by Bank Subsidiaries for Lender Licensing
   by Tom McCurnin, Leasing News Legal Editor
Five of the Top 25 Most Influential Lawyers
 in Equipment Finance and Leasing 
Ironic that Peek is at Bank of America
  and Thain is at CIT
    by Christopher Menkin
Leasing Industry Ads---Help Wanted
 Ascentium Capital/Financial Pacific
Story Credit Lessors
 List Updated
Equipment Leasing Books
  Considered Current
  Pooch
Larchmont, New York Adopt-a-Dog
Collector/Collections/Consultant/Communications
 Classified Ads---Service

News Briefs---
Banking giant HSBC to Cut Up to 50,000 jobs worldwide
Shifting Focus to China and the Asia-Pacific Region
GE takes big step away from banking with $12 billion deal
"exits a banking sector now under stricter oversight."
Intel Capital Launches Investment $125 Million
  Investment Fund for Women & Minorities
Warren Capital Receiver Hires Firm to Seek Insurance Claims
 Seeks Claims against Former Officers and Directors
NRA Predicts Strong Restaurant Growth in Summer
  Restaurants expected to add 522,000 jobs

Broker/Funder/Industry Lists | Features (writer's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months

www.leasingcomplaints.com (Be Careful of Doing Business)
www.evergreenleasingnews.org
Leasing News Icon for Android Mobile Device

You May have Missed---
   SparkPeople--Live Healthier and Longer
   Poem
    Sports Briefs---
      California Nuts Brief---
       "Gimme that Wine"    
          This Day in American History
         SuDoku
           Daily Puzzle
             GasBuddy
               Weather, USA or specific area
                 Traffic Live----

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






Please send a copy of Leasing News to a colleague and ask them
to subscribe. It’s easy. All they have to do is put “subscribe” in
the subject line and email: kitmenkin@leasingnews.org



[headlines]

--------------------------------------------------------------


State of California Proposes to Eliminate Exemption
Enjoyed by Bank Subsidiaries for Lender Licensing
by Tom McCurnin
Leasing News Legal Editor

The Dodd-Frank Act clarified that Bank subsidiaries may be regulated by State authorities, thus removing some preemption rights the Bank subsidiaries enjoyed. Sadly, the State of California, Department of Oversight, is construing that to mean that Bank subsidiaries, which engage in lending or leasing, should be required to be licensed, and will no longer enjoy the protection of its FDIC parent. Thus, leasing companies, operating as wholly owned subsidiaries of Banks, will be required to be licensed, under proposed amendments to the California Administrative Code. If these amendments go through, and the Bank subsidiaries are not licensed, the Bank subsidiaries will lose their usury exemption, so this is serious stuff. 

I view this as an irrational reaction to the mortgage lending crisis, a legally wrong move (the Department of Oversight can amend regulations, but the exemption enjoyed by Bank subsidiaries is statutory), and is unnecessary, considering the extra regulations imposed on Banks and their subsidiaries, by Dodd-Frank. 

In short, there is nothing within the Financial Lenders’ Law that imposes needed restrictions on Bank subsidiaries.

First, Banks, and their operating subsidiaries, have enjoyed an exemption from licensing for as long as I can remember. The exemption was based on a prior, nearly identical version of the Financial Code Section 22050(a):

“This division does not apply to any person doing business under any law … of the United States relating to banks … when acting under federal law.” 

While the Department of Oversight has the authority to amend administrative rules, it has no power to change a statute — that is up to the Legislature. 

Second, although Dodd-Frank eliminated federal preemption for operating subsidiaries of banks under §§ 1044-46 of the Dodd-Frank Act. But simply because the regulations governing the subsidiary are not subject to preemption, does not mean that the State of California should step in to regulate Bank’s operating subsidiaries, especially in light of the very strict provisions of Dodd-Frank:

• If the subsidiary is making residential mortgages, the subsidiary needs to comply with more conservative underwriting standards, the so-called “Qualified Mortgage.”

• Loan officers of subsidiaries are subject to uniform licensing and registrations standards, and compensation may not be based on loan terms.

• Subsidiaries must eliminate arbitration from loan documents.

• If a loan is sold on the secondary market, the lender is required to retain a portion of the credit risk, and to allocate capital against the potential exposure

In short, Dodd-Frank provides enough regulation without resorting to a dual layer of regulation. 

Third, the proposed amendments by the Department of Oversight would not differentiate between consumers and commercial loans. Few would argue with the proposition that consumer residential lending was out of control in 2007, but there is no argument that commercial lending caused the massive recession that came into fruition in 2008. So why is the Department advocating that commercial loan activity by Bank subsidiaries now be regulated? 

What are the lessons for the equipment lessor here?

First, recognize that your company is an operating subsidiary of a National Bank, your company may ultimately be required to be licensed as a California Financial Lender, if you make “loans.” As we all know, many of the so-called leases are disguised loans, so unless your company becomes licensed, your capital leases may be subject to attack by lessees.

Second, this will change the rule regarding an unlicensed third party
originator doing business with a bank; meaning a Finance Lender can only do business with another Finance Lender (unless it is a “true lease,” otherwise known as an “operating lease.”)

Lender’s License Proposal
http://www.leasingnews.org/PDF/LendersLicense62015.pdf

Tom McCurnin is a partner at Barton, Klugman & Oetting
in Los Angeles, California.

Tom McCurnin
Barton, Klugman & Oetting
350 South Grand Ave.
Suite 2200
Los Angeles, CA 90071
Direct Phone: (213) 617-6129
Cell (213) 268-8291
Email: tmccurnin@bkolaw.com
Visit our web site at www.bkolaw.com
Previous Tom McCurnin Articles:
http://www.leasingnews.org

Previous Tom McCurnin Articles:
http://www.leasingnews.org/Conscious-Top%20Stories/leasing_cases.html

 


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

Top 25 Most Influential Lawyers
in Equipment Finance and Leasing

 

 


Joe Bonanno, CLFP --- He and Barry Marks should be credited with the great help they gave in the formation and beginning of the National Association of Equipment Brokers. In 1998, Barry left from alternating as the Legal Counsel for the association. Joe has not only contributed much here, but also to members and non-members with legal questions and dilemmas, and brought the progress of education, ethics, and good will, including serving on the CLFP Foundation board for many years. A major influence in the leasing industry, always available to answer questions, seemingly day and night. Extremely well respected by the leasing broker community as well as funders.


James Coston, active in several leasing associations, first attorney
serving as President (2004) of the United Association of Equipment Leasing, now National Equipment Finance Association. Counsel for leading financial institutions and other lenders and lessors for litigation and management of regional and national contracts and accounts. Active in major cases. Also entrepreneur and active in railroad transportation; politically active.


Kenneth Charles Greene, Esq. Very active in the beginning years of the Western Association of Equipment Lessors (now the National Equipment Finance Association) as well as the National Association of Equipment Leasing Brokers. Well known from attending many of the early conferences of several associations. Key attorney in the early years for Leasing News: From potential lawsuits regarding Bulletin Board Complaints, lawsuits, "bully" letters, 1st amendment issues, competitive practice, Mr. Greene has protected Leasing News without a financial charge or complaint. Also one time active in attorney speaker programs as well as author of a monthly law bulletin. An active professional musician as well as service the music industry in Los Angeles today.


Michael A. Leichtling, well-known attorney on corporate and financial matters, including complex mergers and acquisitions, corporate finance, venture capital and private financing transaction, specializing in leasing. counseling lessors, banks, funds, investors, and other funding sources. Member of several leasing associations, including serving on the Equipment Leasing and Finance Association Executive Committee, Chairman of the Board of Trustees, Equipment Leasing and Finance Foundation. Co-author with the late Jeff Wong, now retired Barry A. Dubin, as editor of the Commercial Finance Guide, now up-dated and published by Matthew Bender. Member, Board of Editors, Equipment Leasing Newsletter (Law Journal Publications). Author and Well-known speaker. Recipient of the 2007 ELFA Award for “Excellence in Leasing."


Barry Marks, was the original attorney for National Association of Equipment Leasing Brokers and a very forward thinking, bright attorney and practical businessman. He helped the organization grow  and recommended Joe Bonanno, CFLP, to take his position when he retired to become an ex-officio board member. Barry was winner of the Bill Granieri award for leasing education. Always available to answer leasing and finance questions at no charge and to brainstorm problems and solutions, he is a published author and co-author of books on leasing. He also produces a well-read monthly newsletter (available through www.leaselawyer.com ). He is also known for his three poetry books and many published poems and stories. Barry was named Alabama Poet of the Year in 1999 and was a runner up for the prestigious Eric Hoffer Award for books published by small presses.

------

Leasing News is looking for nominations for the Top 25 most preeminent lawyers in the finance and leasing business who are still active. This is not a popularity contest or who was the most beneficial, but most influential. We would like a nomination and a minimum of a paragraph of the reasons you consider this person one of the top 25. 

"Influential" as "a person whose actions and opinions strongly influence the course of events." "Preeminent" is "eminent above or before others; superior; surpassing:" {Online Dictionary}

When the list exceeds 25, there will be a point when the top 25 on the list will be finalized. Nominations will appear in two parts: New Nominations/The Top List to Date (alphabetical) Again, this is not a popularity contest and those making the nomination will not be named. Internet Netiquette to be followed.

Leasing News Legal Editor Tom McCurnin has excused himself
from the list.

 kitmenkin@leasingnews.org

 




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


Ironic that Peek is at Bank of America
and Thain is at CIT
by Christopher Menkin

Jeffrey M. "Jeff" Peek, age 66, being hired as executive vice chairman of global corporate and investment banking at Bank of America, which bought Merrill Lynch during the financial crisis, is quite unique in the financial world. He is perhaps best known as president and chief operating officer who was later promoted to CEO and chairman of CIT. He was hired July, 2003, following Al Gamper who successfully was able to get back the company from Tyco and Dennis Kozlowski*. Peek is given credit with building up the company, as well as leading the company out of bankruptcy. In 2008, he called "CIT an underdog" and later cut 1,000 employees. Before that he rose to the level of executive vice president of Merrill Lynch & Co., and served as head of Investment Banking and president of Merrill Lynch Investment Managers. Many believe he was in line to become chairman.

It is ironic that CIT is now led by John A. Thain, age 59, who was the last chairman and chief executive officer of Merrill Lynch before its merger with Bank of America. Thain was brought to Merrill Lynch in 2007 to save the company, according to American Banker. Wikipedia.org reports, “Upon joining Merrill Lynch, Thain received a $15 million signing bonus. The firm announced that Thain would receive at least $50 million a year and could be paid as much as $120 million a year, based on the company's stock price.” (1) Today his net worth is reported $300 million. (2) 2014 his total compensations was $8,827,148 (3). Peek is reported to have a $40 million plus net worth, according to www.richregister.com.

CIT waits to rebound, basically tied to its $3.4 billion deal for OneWest Bank with 73 branches in Los Angeles and Southern California, the year's largest bank deal. Leasing News has written about the intense pressure from community groups, who believe community involvement will be effected.  Thain believes the OneWest transaction will be completed in the middle of this year, perhaps before it finally takes over management in August of Direct Capital, Portsmouth, New Hampshire, a small ticket lessor with reportedly has over $500 million in assets with 250 employees (although many senior and key individuals have left the company).  The management change over may give CIT the opportunity to redesign the management structure and tie in better with corporate marketing.

At a hearing in Los Angeles, California, earlier this year, Thain said the planned OneWest buyout would be good for poor neighborhoods and pledged that the bank would provide $5 billion in loans, philanthropy and additional support over four years to low-income areas.

According to the Los Angeles Times, OneWest Chief Executive Joseph Otting "...said the deal would create a 'hometown bank' big enough to compete with megabanks based elsewhere.

"He said OneWest would ramp up small-business lending, appoint minority representatives to an advisory board and provide funds for nonprofits and smaller banks to make small-dollar loans in poor areas.

"Gilbert Vasquez, chairman of the Los Angeles Latino Chamber of Commerce, said he supported the merger not only because Otting pledged to help nonprofits but because he believed OneWest would follow through on promises to increase lending to minority businesses and to put a Latino on the bank's board of directors.

“‘We think OneWest can be a trend-setter,' said Vasquez, head of a downtown Los Angeles accounting firm. 'We think they can be a model for the other banks'."

* CIT's Dennis Kozlowski’s Path from Infamy to Obscurity
http://www.nytimes.com/2015/03/02/business/dealbook/dennis-kozlowskis-path-from-infamy-to-obscurity.html?ref=business

  1. John Thain is Still in the Gamehttp://www.americanbanker.com/news/national-regional/john-thain-is-still-in-the-game-1073209-1.html
  2. John Thain Net Worth
    http://richestcelebrities.org/richest-business/john-thain
  3. Total Compensation 2014
    http://www1.salary.com/John-A-Thain-Salary-Bonus-Stock-Options-for-CIT-GROUP-INC.html

 


(Leasing News provides this ad as a trade for appraisals and equipment valuations provided by Ed Castagna)

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

Leasing Industry Help Wanted
One Remotely/One in Anaheim, California



Documentation
Anaheim, CA


Financial Pacific Leasing’s Commercial team in Anaheim, CA is growing their Documentation/Funding group and looking for someone with an keen attention to detail and ready for the opportunity to work hard, learn and grow.

Please click here for more information.

www.finpac.com
A subsidiary of Umpqua Ban
k



 

Leasing News Reaches Your Audience!

The idea is to attract an applicant to learn more, either to click to a full description on your web site or to a full job description attachment (free, no charge). The ad also can advertise the abilities of your company.

The ad will appear at the top of Leasing News edition as well as on the web site, which section also is reproduced in the news edition. Your ad is also in the section of News Briefs, often the second most read area of the news edition. The above the masthead is also shared on a rotational basis with the other employment ads. Your ad often appears twice in each news edition.

You can have a brief ad which clicks to a full description and/or email address.

Cost

Logo on top is free, as well as the web address and information about the address at the bottom. Lines are $595 for the first four and $40 for each additional line or space. The ad will appear for 21 days. For returning advertisers during the year, Leasing News offers 30 days and a reduced rate.

Contact: kitmenkin@leasingnews.org

Leasing News reserve the right to refuse advertising,
particularly to a company that has appeared in the complaint bulletin board or evergreen abuse list.



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

Story Credit Lessors
List Updated

These companies specialize in "C" and "D" credits, often new businesses, or businesses where the principal(s) have Beacon score around 600 or previous difficulties. This means that to become comfortable with the credit and financial situation ,you need to learn the "story" to make a positive decision, often requiring further security, shorter term, or additional guarantors. Many of these companies may also have programs for “A” and “B” rated companies, but their specialty is not being a “cookie cutter” and often require full financial statements and tax returns as well as a “story about the company, its history, goals, circumstances” to fully understand the full financial picture.

Also listed below the dollar amounts are companies that who are known for accepting "subprime leasing."

To qualify for this list, the company must be a funder (as qualified by Leasing News and on the “Funder List” and not a "Broker/Lessor" or "Super Broker/Lessor", along with an acceptable Better Business Bureau Rating and no history of complaints at Leasing News, as well as notifying lessees in advance when the lease will end and what the residual will be, specifically not automating extra lease payments, or insisting their discounter follow the same policy. We reserve the right to not list a company who does not meet these qualifications.

We encourage companies who are listed to contact us for any change or addition they would like to make. Adding further information as an "attachment" or clarification of what they have to offer would be helpful to readers is very much encouraged.

Alphabetical list - click on company name to view more details


Agility Ventures
American Leasefund, Inc. 
Bankers Capital 
Black Rock Capital
BSB Leasing, Inc 
Calfund, LLC
Cobra Capital LLC
Dakota Financial
Financial Pacific Leasing


Forum Financial Services, Inc.
Gonor Funding
Harris Leasing Company 
Maxim Commercial Capital, LLC 
Mesa Leasing
First Midwest Equipment Finance 

 
Northwest Leasing Company, Inc. 
Pawnee Leasing Corporation
P&L Capital Corporation 
Standard Professional Services, LLC
Summit Leasing, Inc.
TEAM Funding Solutions

 

 

Full List:
http://www.leasingnews.org/Story_Credit/Story_Credit.htm#advantage

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


Equipment Leasing Books
Considered Current

Unstoppable: The Story of Asset-based Finance
and Leasing in Canada

Hugh Swandel, Senior Managing Director-Canada, The Alta Group, recommends "Unstoppable: The Story of Asset-based Finance and Leasing in Canada."

Published September 9, 2014 it is available in Kindle
at CDN$9.99 or Hardcover CDN$25.99.
http://www.amazon.ca/Unstoppable-Story-Asset-Based-Leasing-Canada/dp/0991741196/

"Unstoppable tells the previously untold story of a business that has grown to be the largest source of debt financing to Canadian consumers outside of the traditional bank loan. This book covers the rollercoaster ride of asset-based finance, now a $300 billion business, through interviews with business trailblazers such as Jim Pattison and Steve Hudson, who led the industry for the past half century. It is an entertaining and personal business history that will inspire both students of business history and entrepreneurs alike. Unstoppable shows how this form of finance helped to grow Canada’s former industrial economy."

Special Study for Corporate Counsel on Equipment Leases,
2014 ed.

by Alan Gutterman  (2014)
Author | Attorney and Business Counselor
www.linkedin.com/in/alangutterman

Special Study for Corporate Counsel on Equipment Leases helps counsel negotiate and document equipment lease agreements for companies that choose to lease rather than purchase equipment.

 Book with CD-ROM  $390.00 Thomson Reuters
http://legalsolutions.thomsonreuters.com/law-products/Treatises/Special-Study-for-Corporate-Counsel-on-Equipment-Leases-2014-ed/p/100306974?trkcode=GL&trktype=external&searchid=GL&jsf=c7d0c43b-f883-4281-b52b-a6e88e6a6d26:49032

 

The Successful Equipment Lease Broker
by Joshua Fant (December, 2010)

He is a real estate broker in the Greater Seattle area.
He was a leasing broker from January, 1999 to August, 2005.
Book may be dated. 14 day return policy (also to their book store).
www.linkedin.com/in/jfant

$39.95 Barnes & Noble
http://www.barnesandnoble.com/w/the-successful-equipment-lease-broker-inc-the-leasing-expert/1029662145?ean=9780974269108

 

Start Your Own Leasing Company!
By Paul Sutton (2014)  111 pages-Fourth edition.

Company appears to have a collection of “how to”
books. They have return policy for printed books only.
Book: $44.95   Download $19.46
https://www.businessbooksource.com//books/274/start-leasing-company.cfm

 

The Certified Lease & Finance Professionals' Handbook
Authored by Certified Lease & Finance Professionals

Raising the standards of the Equipment Leasing and Financing Industry through continued education, testing and conduct.

Edition: 4 (Feb 04, 2015)  $59.96
https://www.createspace.com/5290967

 


Equipment Leasing
Publisher: Matthew Bender
Three Volume Set; loose leaf; updated with revisions
Updated Yearly
$1,333 Print
$1,177 eBook
(with yearly up-date savings plan)
http://www.lexisnexis.com/store/catalog/booktemplate
/productdetail.jsp?pageName=relatedProducts&catId=167&prodId=10538

 


(Leasing News provides this ad “gratis” as a means
to help support the growth of Lease Police)

--------------------------------------------------------------

Pooch
Larchmont, New York Adopt-a-Dog


Gemma

"Gemma is a gem of a pooch. She is about 6 months old and as sweet as can be. She gets along with all of her foster siblings and loves to have the children from the neighborhood snuggle with her. She is a bit shy at first but warms up quickly. Gemma is playful but not too bouncy and is paper trained. She sleeps through the night on her bed. She is about 6 months old and about 20 pounds. She has a gorgeous coat with lots of freckles. She is learning to walk on a leash and would love a family to snuggle up to."

 

Application:
http://www.ny-petrescue.org/application/applicant-1.php

Pet Rescue
P.O. Box 393
Larchmont, NY 10538
(914) 835-3332
petrescueny@aol.com


Adopt a Pet
http://www.adoptapet.com/

 

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

Collector/Collections/Consultant/Communications
Classified Ads---Service

Collector: Atlanta, GA
Asset Recovery Specialist. We get your money or we get your > equipment back for you. Physical Asset Recovery Experts!
E-mail: mcrouse911@joimail.com
Collector: Cleveland, OH 
Huntley Capital & Associates is your solution to late payments, no payments, and asset recovery. Call 216-337-7075. 
Email: ghpatey@msn.com 
Collections: Dallas, Texas
Contingency Fee basis. Receivables Outsourcing. We are a fully bonded nationwide licensed agency. We collect for nationally known banks and leasing companies. 
800-886-8088.
Collector: Los Angeles, CA
Expert skiptracers covering Southern California. We locate skips, judgment debtors and collateral. When you can't get the job done in house, give us a call at
1-800-778-0794.
E-mail: ceo@interagencyLA.com
Collector: Louisville, KY
We are a full service collection agency with attorney network. 21 years experience. Please call Jon Floyd, VP at 1-800-264-6850 
email: jfloyd@collectcsg.com
Collector: Louisville, KY 
Euler Hermes/UMA 92 year old Global Receivables Outsourcing. Presence in 143 Countries. Work w/ 4 out of 5 Fortune 500 firms. Contingency Fee Structure.
20% off first time clients.!
Andrew.Newton@eulerhermes.com
1-800-237-9386 x 205.
Collector: Mandeville, MI
International commercial collection services all fees are on contingency on line access.
E-mail: rmelerine@collect-now.com 
www.drspay.com
www.collect-now.com 


Collector: Milwaukee, WI 
We specialize in ATM machine reposession and remarketing. We can get you top dollar for your inventory.
E-mail: bdperry1@yahoo.com 

Collector: Nationwide
End of lease negotiations & enforcement. Third-party collections. Skip-tracing. Background checks. Credit & asset investigations. 15+ years in leasing industry. Providing services to clients nationwide.
800-824-0234
johnkenny2@verizon.net

Collector: Saint Louis, MO
Complete commercial collection agency. Licensed bonded in all states and will out performed any other agency!
Call 1-800-659-7199 ext.315
E-mail: 
jfloyd@lindquistandtrudeau.com
Consultant: Nationwide
25 yrs. experience: Creating/Refining Business Plans to raise capital· Credit Underwriting support/policy/procedure development · Operations Support/policy/procedure development.
Call: 610-246-2178, McCarthy Financial, LLC,
David.mccarthy@mccarthy-financial.com
Consultant: Burlington, CT
We provide our clients with a full range of consulting services such as portfolio conversions, reconciliation, custom programming and leasing operations utilizing InfoLease. 
Email: info@new-millennium-assoc.com
Consultant: Europe
15 years doing deals/running own technology leasing company – looking to advise/ lead new entrants to take advantage the European market opportunity.
www.clearcape.co.uk 
or 
kevin.kennedy@clearcape.co.uk 
Consultant: Henderson, NV
Focus on new business development and process efficiencies to create incremental revenue and profitability. Executive level vendor experience, and satisfied outsourcing clients. Incredible track record.
E-mail: rbutzek@cox.net

Consultant: Sausalito, CA
Lease trainer and consultant. 50 years in equipment leasing. Expert in transaction analysis, financial statement analysis, credit, packaging, structuring. Presents highly popular classes and workshops.
E-mail:BoTei@aol.com

Consultant: North of Detroit, MI 
INFOLEASE EXPERT - 18 years experience. Since being downsized in 2002, working as a consultant for several leasing companies. Seeking consulting projects nationwide. 
E-mail: darwint@prodigy.net

Consultant: Ridgefield CT.
Lisa Lersner w/20 years exp. specializing in leasing technology now providinglessor selection andmanagement services, includingthe securing of debt and equity and acquisition guidance services.
Email
leasefinanceconsulting.com

Communications:Chassell, MI

Cartoons on business, finance & computers. Use for your presentations, website, newletter, direct

mail projects etc. Fees are negotiable. 
Email: dan@danscartoons.com 
Go to http://www.danscartoons.com

 

 

Receivables Management LLC
John Kenny

• End of Lease Negotiations & Enforcement 
• Third-Party Commercial Collections

john@jkrmdirect.com | ph 315-866-1167
www.jkrmdirect.com

(Leasing News provides this ad as a trade for investigative
reporting provided by John Kenny)

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


News Briefs----

Banking giant HSBC to Cut Up to 50,000 jobs worldwide
Shifting Focus to China and the Asia-Pacific Region
http://www.nhregister.com/business/20150609/banking-giant-hsbc-slashes-jobs-shifts-focus-back-to-asia

GE takes big step away from banking with $12 billion deal
"exits a banking sector now under stricter oversight."
http://www.seattletimes.com/business/ge-takes-big-step-away-from-banking-with-12-billion-deal/

Intel Capital Launches Investment $125 Million
  Investment Fund for Women & Minorities
http://www.fastcompany.com/3047228/intel-launches-investment-fund-for-startups-led-by-women-and-minorities

Warren Capital Receiver Hires Firm to Seek Insurance Claims
 Seeks Claims against Former Officers and Directors
http://www.northbaybusinessjournal.com/northbay/marincounty/4025176-181/warren-capital-receiver-insurance#w6ti2GpurfHwvg4h.97

NRA Predicts Strong Restaurant Growth in Summer
  Restaurants expected to add 522,000 jobs
http://www.fsrmagazine.com/human-resources/nra-predicts-strong-job-growth-summer-season  


 

[headlines]

--------------------------------------------------------------



--You May Have Missed It

Airlines could soon shrink the size of luggage
you’re allowed to carry on
http://www.washingtonpost.com/blogs/wonkblog/wp/2015/06/09/airlines-are-preparing-shrink-the-size-of-luggage-youre-allowed-to-carry-on/




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

SparkPeople--Live Healthier and Longer



The Keys to Conquering Cholesterol
Do's and Don'ts for a Healthy Heart
http://www.sparkpeople.com/resource/health_articles.asp?id=361


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

Baseball Poem

The Baseball Players

Against the bright
grass the white-knockered
players tense, seize,
and attend. A moment
ago, outfielders adjusted
their clothing, glanced
at the sun and settled
forward, hands on knees;
the catcher twitched
a forefinger; the pitcher
walked back of the hill,
established his cap
and returned; the batter
rotated his bat
in a slow circle,
But now
they pause: wary,
exact, suspended –
while abiding moonrise
lightens the angel
of the overgrown
garden, and Walter Blake
Adams, who died
at fourteen, waits
under the footbridge.

By Donald Hall

From “Fathers Playing Catch with Sons”
North Point Press, Farrar, Straus and Giroux , New York http://www.amazon.com/Fathers-Playing-Catch-Sons-Baseball/dp/0865471681/ref=sr_1_1?ie=UTF8&qid=1433887331&sr=8-1&keywords=Fathers+Playing+Catch+with+their+sons

 


[headlines]

--------------------------------------------------------------


Sports Briefs----

LeBron fuels Cavs win
http://www.cleveland.com/livingston/index.ssf/2015/06/
nba_fianls_game_3.html#incart_big-photo

49ers’ Reid says he’s considered leaving NFL because of concussions
http://www.sfgate.com/49ers/article/49ers-Reid-says-he-s-considered-leaving-NFL-6317038.php

Montana calls Brady’s deflated-footballs scandal ‘no big deal’
http://www.sfgate.com/49ers/article/Montana-calls-Brady-s-deflated-footballs-6314681.php

49ers head coach Jim Tomsula on social media: 'I don't like it at all'
http://ftw.usatoday.com/2015/06/49ers-head-coach-jim-tomsula-on-social-media-i-dont-like-it-at-all

A Brief Glimpse of the Randy Moss We Don't Know
http://bleacherreport.com/articles/2489759-a-brief-glimpse-of-the-randy-moss-we-dont-know

Adrian Peterson Probably Didn't Find the Fountain of Youth in the Last Year
http://thebiglead.com/2015/06/09/adrian-peterson-probably-didnt-find-the-fountain-of-youth-in-the-last-year/


[headlines]
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California Nuts Briefs---

Major issues remain as California budget deadline nears
http://www.sacbee.com/news/politics-government/capitol-alert/article23604541.html



[headlines]
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“Gimme that Wine”

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

The Wine Group Buys Sonoma’s Benziger Winery
Mike Benziger is stepping back after grappling with health issues.
http://www.winespectator.com/webfeature/show/id/51696

Auction Napa Valley Has a Legendary Day
Rick Jones Pays $850,000 for Lot No. 31
http://www.wine-searcher.com/m/2015/06/auction-napa-valley-has-a-legendary-day

Can Maryland Become the Next Great Wine State?
http://terp.umd.edu/can-maryland-become-the-next-great-wine-state/#.VXeHMkY2d6K

Greece: Tough Economy, Great Wine
http://www.forbes.com/sites/joeharpaz/2015/06/08/greece-tough-economy-great-wine/

Oregon faces summer with little water to spare
http://www.capitalpress.com/Oregon/20150608/oregon-faces-summer-with-little-water-to-spare

Georgia's Giant Clay Pots Hold An 8,000-Year-Old Secret To Great Wine
http://www.npr.org/sections/thesalt/2015/06/08/412039092/georgias-giant-clay-pots-hold-an-8-000-year-old-secret-to-great-wine

Free Mobile Wine Program
http://leasingnews.org/archives/Feb2010/2_26.htm#mobile

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

US/International Wine Events
http://www.localwineevents.com/

Leasing News Wine & Spirits Page
http://two.leasingnews.org/Recommendations/wnensprts.htm

[headlines]
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This Day in American History

       1610 - The first Dutch settlers arrived from New Jersey to colonize Manhattan Island.
    1639 - The first American log cabin at Fort Christina, now Wilmington, Delaware was erected.  This is the first Swedish settlement in North America and the principal settlement of the New Sweden colony. Built in 1638 and named after Queen Christina, it was located approximately 1 mi east of the present downtown Wilmington, DE, at the confluence of the Brandywine and Christina Rivers, approximately 2 mi upstream from the mouth of the Christina on the Delaware River.
    1652 - In defiance of English colonial law, John Hull, a silversmith, established the first mint in American.  The first coin issued was the Pine Tree Shilling, designed by Hull.
    1752 - It is believed that this was the day Benjamin Franklin narrowly missed electrocution while flying a kite during a thunderstorm to determine if lightning is related to electricity.
    1760 - New York passed the first effective law regulating the practice of medicine
    1776 - The Continental Congress appointed a committee to write a Declaration of Independence.  
    1793 - Washington replaced Philadelphia as the U.S. capital
    1794 - Richard Allen founded the Bethel African Methodist Episcopal Church, Philadelphia
http://www.spartacus.schoolnet.co.uk/USASallen.htm
    1801 - The North African state of Tripoli declared war on the United States in a dispute over safe passage of merchant vessels through the Mediterranean, for refusing to pay tribute. Thus in the Marine's Hymn "…To the shores of Tripoli..."
    1809 – The first U.S. steamboat to a make an ocean voyage left New York for Philadelphia
    1833 - Birthday of Pauline Cushman (1833-97) in New Orleans.  She was an actor and lecturer, and served as spy for the Union cause during the Civil War, even to dressing in Confederate uniforms. She was captured and escaped twice. When captured a third time, she was condemned to death by hanging.   She became ill and her hanging was postponed by Gen. Bragg, who wished to make an example of her, until "she was well enough to be hanged." Before the sentence could be carried out, Union forces drove back Bragg's army and she was set free.
http://www.civilwar.si.edu/leaders_cushman.html
http://womenshistory.about.com/library/bio/blbio_pauline_cushman.htm
http://www.spartacus.schoolnet.co.uk/USACWcushmanP.jpg
    1847 – The Chicago Tribune was first published.
    1848 - The 1st telegraph link between NYC and Chicago was established.
    1851 - At 2:10 am, before a crowd in Portsmouth Square, John Jenkins, one of the Sydney Ducks of San Francisco, was apprehended for stealing a safe from a merchant's store. He was given a cigar and a glass of brandy, and then lynched by San Franciscan vigilantes. Vigilante Sam Brannan cried, "Every lover of liberty and good order lay hold of the rope!" The denizens of the Sydney-Town quarter of San Francisco's notorious 'Barbary Coast' grew steadily less in number following the hanging.
    1854 - The US Naval Academy held its first graduation.
    1871 - A landing force of 110 U.S. Marines came ashore on Korea's Kangwha Island, a fortress island guarding the approaches to Seoul. The Korean Punitive Expedition was launched from an American fleet, which anchored in the Han River after the isolationist Korean government rejected U.S. diplomatic demands for an explanation of the fate of an American ship and her crew believed killed by the Koreans. In two days of fighting, the Marines and sailors captured the defensive forts on the Island, leaving 243 Koreans dead. Nevertheless, the expedition failed to open Korea to foreign trade.
    1875 - James Augustine Healey (1830-1900) becomes the first African-American Catholic priest and Bishop in the United States.
    1880 – Boston’s Charley Jones‚ last year's home run king with 9‚ hit 2 homers in one inning‚ becoming the first big leaguer to accomplish this feat. Both homers come off Buffalo’s Tom Poorman in the 8th inning of a 19-3 rout. Jones now has league-high 4 homers‚ one more than Fred Dunlap.
    1889 - Birthday of Hattie McDaniel (1889-1952) at Wichita, KS.   She was the first African-American to win an Academy Award, in 1940, for her role in the 1939 film “Gone with the Wind”. Her career spanned radio and vaudeville in addition to her screen roles in “Judge Priest”, “The Little Colonel”, “Showboat” and “Saratoga”, among others.  She remained active on radio and television in her final years, becoming the first black American to star in her own radio show with the comedy series “Beulah”. She also starred in the television version of the show, replacing Ethel Waters after the first season. (Waters had apparently expressed concerns over stereotypes in the role.) “Beulah” was a hit, however, and earned McDaniel $2,000 a week. But the show was controversial. In 1951, the United States Army ceased broadcasting “Beulah” in Asia because troops complained that the show perpetuated negative stereotypes of black men as shiftless and lazy and interfered with the ability of black troops to perform their mission.  After filming a handful of episodes, however, McDaniel learned she had breast cancer. By the spring of 1952, she was too ill to work.
http://www.elzey.com/mammy/index.htmll
http://www.filmsite.org/gone.html
    1890 – St. Louis (American Association) P Jack Stivetts hit two homers (and struck out 10)‚ the second a grand slam in the top of the 9th‚ off Fred Smith‚ with his team down by 3 runs to win‚ 9 - 8‚ over visiting Toledo. He will later duplicate this batting feat twice‚ making him the first pitcher to achieve this. The only two pitchers to match this achievement are Wes Ferrell (who had 5 such games) and Don Newcombe.
    1892 – The Baltimore Orioles’ C Wilbert Robinson set the Major League record by going 7-for-7 in a 9-inning game.  Robinson was also the first catcher to play directly behind the batter at all times,
    1898 - U.S. Marines landed at Guantánamo Bay.  Spanish colonial rule comes to an end in the Western hemisphere as the US “frees” Cuba. http://memory.loc.gov/ammem/today/jun10.html
    1901 - ROSE, GEORGE, Medal of Honor.
Rank and organization: Seaman, U.S. Navy. Born: 28 February 1880, Stamford, Conn. Accredited to: Connecticut. G.O. No.: 55, 19 July 1901. Citation: In the presence of the enemy during the battles at Peking, China, 13, 20, 21 and 22 June 1900. Throughout this period, Rose distinguished himself by meritorious conduct. While stationed as a crewmember of the U.S.S. Newark, he was part of its landing force that went ashore off Taku, China. on 31 May 1900, he was in a party of 6 under John McCloy (MH) which took ammunition from the Newark to Tientsin. On 10 June 1900, he was one of a party that carried dispatches from LaFa to Yongstsum at night. On the 13th he was one of a few who fought off a large force of the enemy saving the Main baggage train from destruction. On the 20th and 21st he was engaged in heavy fighting against the Imperial Army being always in the first rank. On the 22d he showed gallantry in the capture of the Siku Arsenal. He volunteered to go to the nearby village which was occupied by the enemy to secure medical supplies urgently required. The party brought back the supplies carried by newly taken prisoners.
    1902 - A lease and a window envelope:  Americus F. Callahan of Chicago, IL received a patent for an envelope with a window.  It was first manufactured in July, 1902, by the U.S. Envelope Company of Springfield, MA, which had leased the patent.
    1903 - Binney & Smith Company began developing a product line of wax crayons. The product was named Crayola.
    1907 - Birthday of Dicky Wells, born William Wells (1907-85) in Centerville, TN.  He was the featured trombone player with Count Basie.  “Dickey's Dream.”
    1909 - The SOS distress signal was used for the first time. The Cunard liner SS Slavonia used the signal when it wrecked off the Azores.
    1910 - Birthday of guitarist/harmonicist Howlin' Wolf (1910-76) in West Point, MS.  He was one of the most influential musicians of the post-Second World War era and his blues helped shape rock 'n' roll. Howlin' Wolf had his first R'n'B hit, "Moanin' at Midnight," in 1951. The next year, he moved to Chicago, where he recorded a string of classic sides for Chess Records. Among them were "Sitting on Top of the World," "Spoonful," "Smokestack Lightnin'," and "Little Red Rooster." His hits, many of them written by Willie Dixon, have been covered by countless rock artists, such as the Rolling Stones, the Yardbirds and Led Zeppelin.  Wolf appeared frequently at blues and rock festivals in the 1960's and '70s. He died in 1976 of complications from kidney disease.
 http://allmusic.com/cg/x.dll?p=amg&sql=B60993~C
    1918 - The Boston Braves’ Dick Rudolph fired the second one-hitter in two days‚ beating the visiting Cincinnati Reds‚ 3 - 0.
    1919 - Illinois, Wisconsin, and Michigan became the first states to ratify the 19th amendment to the U.S. Constitution that would remove the barriers to women voting in the U.S.   Women had been voters in several states in colonial days, but in the 1787 at the U. S. Constitutional Convention (built on the precept that all men are created equal), the right to qualify voters was placed in the hands of the states that had already deemed women unqualified to vote. The one exception was New Jersey, which fell into line in 1807.   It wasn't until Carrie Chapman Catt devised "The Plan" in 1916 - to fight for the vote nationally while continuing the state-by-state march - that the first recognition came that only the federal government could or would guarantee women's rights on a permanent basis.
    1920 - The Republican convention in Chicago endorsed woman suffrage.
    1921 - Yankee slugger Babe Ruth hits his 120th career home run, off Indian pitcher Jim Bagby, to become baseball's career home run leader. It is a position the 'Sultan of Swat' will hold until Hank Aaron hits number 715 in 1974.
    1922 - Birthday of Judy Garland (1922-69), American actress and singer born Frances Ethel Gumm at Grand Rapids, MN. While Garland played in many films and toured widely as a singer and great entertainer, her greatest triumph came in 1939 with the film "The Wizard of Oz," which introduced the never-to-be forgotten song "Over the Rainbow." Garland's recording of the tune sold over a million copies which was ranked as the number one movie song of all time in the American Film Institute's "100 Years...100 Songs" list. She was given a special Academy Award in 1939 for her outstanding performances as a screen juvenile. Her other big musical films included "Meet Me in St. Louis," "Easter Parade" and "A Star Is Born." Garland suffered a nervous collapse in 1950, but was able to resume her career the following year.
http://www.jgarland.com/
 http://www.thejudyroom.com/timeline.html
http://www.judygarlandmuseum.com/
    1923 - Paul Brunelle (1923-94), one of the first country and western singers in Quebec, was born in Granby. He performed both in French and English and had been compared to Ernest Tubb. Brunelle has recorded more than 100 singles and more than 40 albums.
    1924 - The Republican National Convention was broadcast by NBC radio. It was the first political convention to be on radio.
    1925 - Tennessee adopted a new biology text book that denied the theory of evolution.
    1933 - Golfer Johnny Goodman defeated Ralph Guldahl by one shot at North Shore Golf Club in Glenview, IL, to become the last amateur to win the US Open championship.
    1935 - On this day in Akron, Ohio, Dr. Robert Smith completed his
first day of permanent sobriety.  “Doctor Bob” and William G. Wilson are considered to have founded Alcoholics Anonymous on that date.  It is considered the first step to be the hardest, to admit you have a problem.  The twelve steps are used often, not necessarily like a ladder, and it is common for relapses, thus the reason to alcoholics to attend meetings; a sponsor is also recommended.
http://www.alcoholics-anonymous.org/
    1940 - Erskine Hawkins records “After Hours” (Bluebird 10879)
http://www.savoyplaque.org/about_savoy.htm   
    1941 - Shirley Alston Reeves, lead singer of The Shirelles, was born Shirley Owens in Henderson, NC.  The Shirelles consisted of classmates of her from Passaic, NJ High School: Addie “Micki” Harris, Doris Kenner Jackson, and Beverly Lee.  They were one of the wildly successful groups of the early 1960s and their hits included:  “Tonight’s the Night”, “Mama Said”, “Will You Love Me Tomorrow?”, “Dedicated to the One I love”, “Baby, It’s You”, “Soldier Boy”, “Foolish Little Girl”.
http://www.garycape.com/alstonreeves.htm
http://www.nealhollanderagency.com/reeves/reeves.html
    1943 - Hungarian Laszlo Biro patented the bail-point pen, which he had been developing since the 1930s. He was living at Argentina, where he had gone to escape the Nazis. In many languages, the word for ball-point pen is ‘biro.' He lost his patent rights during the war.
    1944 - For trivia buffs: with baseball's playing ranks depleted by World War II, Joe Nuxhall became the youngest person ever to play in a major league game.  Nuxhall pitched 2/3rds of an inning for the Cincinnati Reds in an 18-0 loss to the St. Louis Cardinals. Nuxhall was 15 years, 10 months and 11 days old.
    1944 - *DEFRANZO, ARTHUR F., Medal of Honor.
Rank and organization: Staff Sergeant, U.S. Army, 1st Infantry Division. Place and date: Near Vaubadon, France, 10 June 1944. Entered service at: Saugus, Mass. Birth: Saugus, Mass. G.O. No.: 1, 4 January 1945. Citation: For conspicuous gallantry and intrepidity at the risk of his life, above and beyond the call of duty, on 10 June 1944, near Vaubadon, France. As scouts were advancing across an open field, the enemy suddenly opened fire with several machineguns and hit 1 of the men. S/Sgt. DeFranzo courageously moved out in the open to the aid of the wounded scout and was himself wounded but brought the man to safety. Refusing aid, S/Sgt. DeFranzo reentered the open field and led the advance upon the enemy. There were always at least 2 machineguns bringing unrelenting fire upon him, but S/Sgt. DeFranzo kept going forward, firing into the enemy and 1 by 1 the enemy emplacements became silent. While advancing he was again wounded, but continued on until he was within 100 yards of the enemy position and even as he fell, he kept firing his rifle and waving his men forward. When his company came up behind him, S/Sgt. DeFranzo, despite his many severe wounds, suddenly raised himself and once more moved forward in the lead of his men until he was again hit by enemy fire. In a final gesture of indomitable courage, he threw several grenades at the enemy machinegun position and completely destroyed the gun. In this action, S/Sgt. DeFranzo lost his life, but by bearing the brunt of the enemy fire in leading the attack, he prevented a delay in the assault which would have been of considerable benefit to the foe, and he made possible his company's advance with a minimum of casualties. The extraordinary heroism and magnificent devotion to duty displayed by S/Sgt. DeFranzo was a great inspiration to all about him, and is in keeping with the highest traditions of the armed forces.
    1944 - EHLERS, WALTER D., Medal of Honor.
Rank and organization: Staff Sergeant, U.S. Army, 18th Infantry, 1st Infantry Division. Place and dare: Near Goville, France, 9-10 June 1944. Entered service at: Manhattan, Kans. Birth: Junction City, Kans. G.O. No.: 91, 19 December 1944. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty on 9-10 June 1944, near Goville, France. S/Sgt. Ehlers, always acting as the spearhead of the attack, repeatedly led his men against heavily defended enemy strong points exposing himself to deadly hostile fire whenever the situation required heroic and courageous leadership. Without waiting for an order, S/Sgt. Ehlers, far ahead of his men, led his squad against a strongly defended enemy strong point, personally killing 4 of an enemy patrol who attacked him en route. Then crawling forward under withering machinegun fire, he pounced upon the gun crew and put it out of action. Turning his attention to 2 mortars protected by the crossfire of 2 machineguns, S/Sgt. Ehlers led his men through this hail of bullets to kill or put to flight the enemy of the mortar section, killing 3 men himself. After mopping up the mortar positions, he again advanced on a machinegun, his progress effectively covered by his squad. When he was almost on top of the gun he leaped to his feet and, although greatly outnumbered, he knocked out the position single-handed. The next day, having advanced deep into enemy territory, the platoon of which S/Sgt. Ehlers was a member, finding itself in an untenable position as the enemy brought increased mortar, machinegun, and small arms fire to bear on it, was ordered to withdraw. S/Sgt. Ehlers, after his squad had covered the withdrawal of the remainder of the platoon, stood up and by continuous fire at the semicircle of enemy placements, diverted the bulk of the heavy hostile fire on himself, thus permitting the members of his own squad to withdraw. At this point, though wounded himself, he carried his wounded automatic rifleman to safety and then returned fearlessly over the shell-swept field to retrieve the automatic rifle which he was unable to carry previously. After having his wound treated, he refused to be evacuated, and returned to lead his squad. The intrepid leadership, indomitable courage, and fearless aggressiveness displayed by S/Sgt. Ehlers in the face of overwhelming enemy forces serve as an inspiration to others.
    1945 - Top Hits
“Sentimental Journey” - The Les Brown Orchestra (vocal: Doris Day)
“Dream” - The Pied Pipers
“Laura” - The Woody Herman Orchestra
“At Mail Call Today” - Gene Autry
    1946 - Dizzy Gillespie's big band records Tadd Dameron's “Our Delight” http://www.photogiftcards.com/Product.asp?prodcode=CM02&catcode=MUSIC”.
    1951 - *ABRELL, CHARLES G., Medal of Honor.
Rank and organization: Corporal, U.S. Marine Corps, Company E, 2d Battalion, 1st Marines, 1st Marine Division (Rein.). Place and date: Hangnyong, Korea, 10 June 1951. Entered service at: Terre Haute, Ind. Born: 12 August 1931, Terre Haute, Ind. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty while serving as a fire team leader in Company E, in action against enemy aggressor forces. While advancing with his platoon in an attack against well-concealed and heavily fortified enemy hill positions, Cpl. Abrell voluntarily rushed forward through the assaulting squad which was pinned down by a hail of intense and accurate automatic-weapons fire from a hostile bunker situated on commanding ground. Although previously wounded by enemy hand grenade fragments, he proceeded to carry out a bold, single-handed attack against the bunker, exhorting his comrades to follow him. Sustaining 2 additional wounds as he stormed toward the emplacement, he resolutely pulled the pin from a grenade clutched in his hand and hurled himself bodily into the bunker with the live missile still in his grasp. Fatally wounded in the resulting explosion which killed the entire enemy gun crew within the stronghold, Cpl. Abrell, by his valiant spirit of self-sacrifice in the face of certain death, served to inspire all his comrades and contributed directly to the success of his platoon in attaining its objective. His superb courage and heroic initiative sustain and enhance the highest traditions of the U.S. Naval Service. He gallantly gave his life for his country.
    1953 - Top Hits
“Song from Moulin Rouge” - The Percy Faith Orchestra
“April in Portugal” - The Les Baxter Orchestra
“Pretend” - Nat King Cole
“Take These Chains from My Heart” - Hank Williams
    1954 - General Motors announced it had logged 2,000 miles on a gas-turbine bus.  The engine used a single burner and two turbine wheels, one to drive the centrifugal compressor, the other to drive a transmission that was connected to the rear wheels of the bus.
    1957 - A dust devil at North Yarmouth, ME, lifted a 600 to 1000 pound chicken shelter into the air and carried it 25 feet. It landed upright with only slight damage. It is unknown whether any eggs were scrambled.
    1958 - Elvis Presley uses his first weekend furlough from the US Army to record "A Fool Such As I", "I Got Stung" and "A Big Hunk Of Love" at RCA's Nashville studios.
http://www.aircav.com/histturb.html
http://www-psao.grc.nasa.gov/Reengine/history.html
http://www.asme.org/igti/
    1958 - A woman was sucked through the window of her home in El Dorado, KS, by a powerful tornado, and was carried sixty feet away. Beside her was found a broken phonograph record entitled "Stormy Weather"
    1959 - The Cleveland Indians’ Rocky Colavito hit four consecutive homers at Baltimore’s Memorial Stadium in Cleveland's 11 - 8 victory over the O’s.
    1961 - Top Hits
“Running Scared” - Roy Orbison
“Moody River” - Pat Boone
“Stand by Me” - Ben E. King
“Hello Walls” - Faron Young
    1963 - The Equal Pay Act of 1963 became law when signed by President Kennedy as part of The New Frontier.  This ban on sex discrimination in wages was “to prohibit discrimination on account of sex in the payment of wages by employers engaged in commerce or in the production of goods for commerce.”  According to recent statistics, equal pay is still not a reality, but has come further than it was over fifty years ago.
    1964 - The Rolling Stones meet two of their idols during a recording session as they run into bluesmen Willie Dixon and Muddy Waters at Chicago's Chess studios.
    1965 - *SHIELDS, MARVIN G., Medal of Honor.
Rank and organization: Construction Mechanic Third Class, U.S. Navy, Seabee Team 1104. Place and date: Dong Xoai, Republic of Vietnam, 10 June 1965. Entered service at: Seattle, Wash. Born: 30 December 1939, Port Townsend, Wash. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty. Although wounded when the compound of Detachment A342, 5th Special Forces Group (Airborne), 1st Special Forces, came under intense fire from an estimated reinforced Viet Cong regiment employing machineguns, heavy weapons and small arms, Shields continued to resupply his fellow Americans who needed ammunition and to return the enemy fire for a period of approximately 3 hours, at which time the Viet Cong launched a massive attack at close range with flame-throwers, hand grenades and small-arms fire. Wounded a second time during this attack, Shields nevertheless assisted in carrying a more critically wounded man to safety, and then resumed firing at the enemy for 4 more hours. When the commander asked for a volunteer to accompany him in an attempt to knock out an enemy machinegun emplacement which was endangering the lives of all personnel in the compound because of the accuracy of its fire, Shields unhesitatingly volunteered for this extremely hazardous mission. Proceeding toward their objective with a 3.5-inch rocket launcher, they succeeded in destroying the enemy machinegun emplacement, thus undoubtedly saving the lives of many of their fellow servicemen in the compound. Shields was mortally wounded by hostile fire while returning to his defensive position. His heroic initiative and great personal valor in the face of intense enemy fire sustain and enhance the finest traditions of the U.S. Naval Service.
    1966 - In San Francisco, the IRS tells Sierra Club it will lose its tax deductible status if it keeps taking such political stands. Membership increases three-fold in the next 4 years.
    1966 - In San Francisco,  the Jefferson Airplane, Great Society, The Heavenly Blues Band @ Fillmore Auditorium http://leasingnews.org/images/BG010-PC.jpg
http://www.wolfgangsvault.com/dt/jefferson-airplane-postcard/BG010-PC.html
Artist: Wes Wilson
    1966 - The first use of reversed tape was heard in the song "Rain" (or "niaR") by The Beatles. The tune was the ‘B' side of "Paperback Writer". The technique was discovered and refined by John Lennon -- by accident. It was used in several other songs by the group.
    1967 - Stevie Wonder's "I Was Made to Love Her" is released in the US, where it would climb to #2.
    1967 - Israel and Syria agreed to a cease-fire that ended the Six-Day War.
    1969 - Top Hits
“Get Back” - The Beatles
“Love (Can Make You Happy)” - Mercy
“Grazing in the Grass” - The Friends of Distinction
“Singing My Song” - Tammy Wynette    
    1970 - A fifteen-man group of US special forces troops began training for Operation Kingpin. The operation was a POW rescue mission in North Vietnam.
    1972 - Passing Willie Mays into second place on the career home run list, Hank Aaron hits his 649th round tripper. The historic homer is 'Hammerin Hank's' 14th grand slam tying Gil Hodges' National League record.
    1972 - Sammy Davis, Jr. earned his place at the top of the popular music charts for the first time, after years in the entertainment business. His number one song, "The Candy Man", stayed at the top for three consecutive weeks.  The story behind the song:  Davis didn't like it because of the double meaning of “drugs.”  Mike Curb of MGM, later Lt. Governor of California, convinced him to record it, as MGM was going to use the song in the theme of “Willy Wonka and the Chocolate Factory.”  As a favor, Sammy Davis said he would record the song, but only “one take and that's it.” His pal Frank Sinatra was known to do this, too: “one take.” Sure enough, in that one-time recording, Sammy nailed it. "The Candy Man" stayed on the pop charts for 16 weeks. The best the legendary performer had done before was 12 weeks for "Love Me or Leave Me" in 1955 and 11 weeks for "I've Gotta Be Me" (from "Golden Rainbow") in 1969. After "The Candy Man" became a hit, Davis included it in his stage shows and concerts.
http://www.allaboutjazz.com/articles/ftio0201_02.htm
    1974 - The Who begins a four day stint at Madison Square Garden. Tickets sold out in 60 hours -- a full two months before the concerts.
    1974 – At the Astrodome in Houston, Phillies’ 3B Mike Schmidt hit a ball off the public address speaker hanging from the roof‚ 117 feet up and 300 feet from the plate. Schmidt must settle for a titanic single.
    1975 – The Yankees, playing at Shea Stadium while Yankee Stadium was being refurbished, sponsor Army Day. During a ceremonial 21-gun salute‚ glass splintered‚ the park filled with smoke‚ part of the fence blew away‚ and another part was set afire.
    1976 - Paul McCartney and Wings set a record for an indoor concert crowd as 67,100 fans gathered in Seattle, WA to hear the former Beatle and his new group.
    1977 - Top Hits
“Sir Duke” - Stevie Wonder
“I'm Your Boogie Man” - KC & The Sunshine Band
“Dreams” - Fleetwood Mac
“Luckenbach, Texas (Back to the Basics of Love)” - Waylon Jennings
    1977 - Al Geiberger of California shot a 59 in the second round of the Danny Thomas Memphis Open at the Colonial Country course, Memphis, TN, becoming the first golfer to break 60 in a professional tournament.  His score was 273 and he won $40,000.
http://services.golfweb.com/ga/bios/spga/geiberger_al.html
    1977 - Lucy Harris of Delta State became the first woman basketball player selected in the NBA draft.  She was selected in the seventh round by the New Orleans Jazz but chose not to try out for the team.
    1978 - Olivia Newton-John and John Travolta teamed up to take "You're The One That I Want" to the top of the Billboard chart. In the UK, the record would be number one for nine weeks.
    1978 - Joe Walsh's "Life's Been Good" is released. It would become his highest charting solo single, reaching #12.
    1978 - Affirmed, ridden by Steve Cauthen, won the Belmont Stakes to become the 11th horse to win the Triple Crown, in one of racing's greatest two-horse competitions.  Affirmed edged Alydor in all three Triple Crown races.  Affirmed was the last horse to win the Triple Crown until American Pharaoh did so in 2015.
    1981 - The Phillies’ Pete Rose singled in the 1st inning off Nolan Ryan tying him with Stan Musial for the most hits in NL history, 3,630.
    1982 – Birthday of Tara Lipinski in Philadelphia.  The youngest girl to ever win the ice figure skating Olympic gold.   The adulation following her stunning victory led to excesses and she became addicted to drugs. She has never been able to regain her amazing Olympic form.  [Cannot find attribution for her drug problem.  She was often-injured and that curtailed her competitive career.]
http://www.taralipinski.com/
http://www.angelfire.com/ca2/javiermoreno/
    1984 - The United States and the Vatican established full diplomatic relations for the first time in 117 years.
    1985 - Top Hits
“Everybody Wants to Rule the World” - Tears for Fears
“Suddenly” - Billy Ocean
“Things Can Only Get Better” - Howard Jones
“Natural High” - Merle Haggard
    1988 - Three dozen cities, mostly in the eastern U.S., reported record low temperatures for the date, including Elkins, WV, with a reading of 33 degrees. Unseasonably hot weather continued in the Northern High Plains Region. The record high of 105 degrees at Williston, ND, was their seventh in eight days.
    1995 – Orioles’ 3B Jeff Manto, who collected four HRs in his first three years in the Majors, homered in his fourth consecutive at-bat. In all, he homered five times in six at-bats in three games during his power outburst.
    1996 - The Colorado Avalanche defeated the Florida Panthers in a 1-0 triple overtime game, giving them a four-game sweep for the Stanley Cup. The 1995–96 Cup was the first major professional championship won by a Denver team and the Avalanche are the only team in NHL history to win the Stanley Cup their first season after a relocation
    1998 - The Wisconsin Supreme Court ruled that poor children in Milwaukee could attend religious schools at taxpayer expense.
    2002 - In front of 45,698 fans at Yankee Stadium, Marcus Thames becomes the 17th player in history to hit a home run on the first pitch he sees in the major leagues. The New York rookie, who hit his two-run dinger off four-time Cy Young winner Diamondback southpaw Randy Johnson, joins John Miller (1966) as only the second Yankee to homer in his first at-bat.
    2005 - Paul Anka, who lists his residences as both Beverly Hills and Ottawa, was named an Officer of the Order of Canada by Governor General Adrienne Clarkson in a glittering ceremony in Ottawa.
    2014 - Reports of delays at U.S. Veterans Administration facilities has created temporary unity in Congress as lawmakers seek to address the scandal; thousands of veterans have waited at least three months to see a doctor; many have never been seen at all

  
Stanley Cup Champions

    1996 - Colorado Avalanche

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