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

kitmenkin@leasingnews.org
   


Monday, June 6, 2016





Today's Equipment Leasing Headlines

Position Wanted---Risk Management
  Seeking New Opportunities
Top Stories:  May 31 - June 2
(Opened Most by Readers)
New Funder Doing 12-Month Deals With Weekly Payments
   (Guess Who) by Sean Murray, editor/founder deBanked.com
Updated: Story Credit Lessors - Lenders List
"C" & "D" Lessees, Business Loans, Working Capital
Leasing Industry Ads---Help Wanted
Positions Available at These Growing Companies
“New Website: Assist Current/Future Career Goals”
Career Crossroad---By Emily Fitzpatrick/RII
Bill to Inform Consumer End of Contract
Read First Time in the California Assembly
CFPB Issues New Guidelines on Recurring Debits
By Tom McCurnin, Leasing News Legal Editor
“Liens for Equipment on Lease”
Leasing 102 by Mr. Terry Winders, CLFP
American Lease Insurance Integrated w/LeaseTeam Aspire
   at UniFi Equipment Finance
Doberman Shepherd
San Francisco, California  Adopt-a-Dog
Leasing News Classified Ads
Licensed Investigators
News Briefs---
Needing Cash, Some Small Business Owners Bypass the Bank
    early success was financed by cash flow
JPMorgan Just Relaxed Its Office Dress Code
    in a Huge Way--Dimon Spotted Sans Tie
Kettering company creating technology
      that reads shoppers’ hands
The One Question Most Americans Get Wrong
   About College Graduates - Take a Guess

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
   Winter 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.




[headlines]

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Position Wanted---Risk Management
  Seeking New Opportunities

Each Week Leasing News is pleased, as a service to its readership, to offer completely free ads placed by candidates for jobs in the industry. These ads also can be accessed directly on the website at: 
http://www.leasingnews.org/Classified/Jwanted/Jwanted.htm

Each ad is limited to (100) words and ads repeat for up to 6 months unless the candidate tells us to stop. Your submissions should be received here by the end of each week.
Please encourage friends and colleagues to take advantage of this service, including recent graduates and others interested in leasing and related careers


Risk Management
Chicago Based
Highly knowledgeable and analytical Equipment Leasing Executive; leveraging 25 years in Portfolio Management, Operations, Credit, and Collections within Banking environment and Commercial Equipment Leasing Industry; proven track record, developing/implementing strategies, sound operational excellence and process improvement, while maximizing revenues and positioning organizations for greater success. wgriffith61@yahoo.com
Resume: http://leasingnews.org/items/BGriffithResume2015.pdf 

 

((Please Click on Bulletin Board to learn more information))
(Leasing News provides this ad “gratis” as a means
to help support the growth of Lease Police)

 

[headlines]
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Top Stories:  May 31 - June 2
(Opened Most by Readers)

(1) Good Times Are Ahead for Equipment Leasing
    by Christopher Menkin, Publisher
http://leasingnews.org/archives/May2016/05_31.htm#good

(2) Why Operating Leases Will Come Back - Explained
   by Christopher “Kit” Menkin, Editor/Publisher
http://leasingnews.org/archives/Jun2016/06_02.htm#why

(3)  Co-Lessee vs. Personal Guarantee
   Leasing #102 by Mr. Terry Winders, CLFP
http://leasingnews.org/archives/May2016/05_31.htm#co

(4)  31 Highest Paid CEOs in Financial Services
http://bankinnovation.net/2016/05/31-highest-paid-ceos-in-financial-services

(5) New Hires---Promotions in the Leasing Business
           and Related Industries
http://leasingnews.org/archives/Jun2016/06_02.htm#hires

(6) Lessor in True Lease Need Not File UCC-1
             Financing Statement
  By Tom McCurnin, Leasing News Legal Editor
http://leasingnews.org/archives/Jun2016/06_02.htm#lessor

(7)  Stop Drinking the Kool-Aid,
   Facebook Ads Don’t Work for Finance
FinTech #102 by Brittney Holcomb
http://leasingnews.org/archives/Jun2016/06_02.htm#fintech

(8) Texas Secured Creditor Denied Summary
Judgment Where it Spent $50,000 to Tow
and Refurbish a Boat Which it Sold for $16,000
By Tom McCurnin, Leasing News Legal Editor
http://leasingnews.org/archives/May2016/05_31.htm#texas

(9) CLFP Foundation Adds 36 New CLFP's
Reaches a Record 343 Active Professionals & Associates
http://leasingnews.org/archives/May2016/05_31.htm#clfp

(10) Three US Companies Hoarding the Most Cash
   Most of it Overseas - End of 2015 Chart
http://leasingnews.org/archives/May2016/05_31.htm#chart

 

 

[headlines]
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New Funder Doing 12-Month Deals With Weekly Payments
(Guess Who) by Sean Murray, editor/founder deBanked.com

Merchants doing at least $4,100 a month in gross deposits are eligible for funding on a 12-month term with weekly ACH debit payments, a new funder revealed. Interest rates start as low as 13.99% but the max funding size is only $35,000. Underwriting decisions can be made instantly online with funds available the next day. “We consider your existing business checking history — not just your credit score,” they advertise.

The name of the funder? Wells Fargo Bank.

The caveat is that applicants must have banked with Wells Fargo for at least 1 year to be eligible. The upside is that little documentation is required to apply outside of the application. The loan is unsecured and the closing fee is only $195. Dubbed FastFlex, the product is clearly meant to compete against online business lenders because well, they mention CAN Capital, OnDeck, and Kabbage in the footnotes on their loan calculator page.

Using their loan calculator, Wells Fargo estimated a $10k loan on a 1.14 factor over twelve months with weekly ACH payments.

Wells Fargo’s marketing message sounds awfully familiar:

Next day funding, not just your credit score, weekly payments…

Wells Fargo is not alone in their attempts to attack online lenders. Discover Bank for example, is targeting Lending Club directly. By going after the same borrower profile and offering better terms, Discover hopes to cut into Lending Club’s newfound market share.

Unsurprisingly, it is the non-bank prime lenders that will feel the growing bank threat the most. Companies offering small business loans or merchant cash advances to small businesses with damaged credit or complex situations are unlikely to find their target customer pool become bankable any time soon.


Sean Murray is the founder of deBanked, a 10-year veteran of the merchant cash advance industry, a casual Lending Club and Prosper investor, the co-founder of Daily Funder, an alternative lending speaker, consultant, writer, and enthusiast. Connect with me on LinkedIn or follow me on twitter.



[headlines]
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Leasing Industry Help Wanted


Credit/Syndication Analyst

Position located in Denver, Colorado or Gig Harbor, Washington.

For the right candidate ability to work remote may be an option.

Commercial equipment leasing/finance experience preferred, but must have 2+ years commercial credit experience, strong knowledge of business and credit principles.

For more information, please click here

www.bsbleasing.com
   A Funding Source for Small Business Since 1981

Senior Credit Analyst - Transportation

- Minimum 5 years of small ticket/high volume equipment finance underwriting experience preferred
- Relocation benefits available for the right candidate
- For a complete job description, please click here

www.pawneeleasing.com
Established in 1982, Pawnee Leasing Corporation located in Fort Collins, CO specializes in commercial equipment leasing and financing up to $150,000 to smaller, closely-held business enterprises. Pawnee Leasing is a U.S. subsidiary of Chesswood Group Limited, a publicly-held specialty financial services company based in Toronto, Canada (TSX:CHW).

 

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.

 

[headlines]
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Updated: Story Credit Lessors - Lenders List
"C" & "D" Lessees, Business Loans, Working Capital

These companies specialize in "C" and "D" credits, often new businesses, or businesses where the principal(s) have Beacon scores around 600 or have had previous difficulties; meaning to become comfortable with the credit and financial statements. That means 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.

Many of these companies also offer business loans and working capital loans, as well as doing "subprime leases."

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

All accept qualified third party originations and pay a commission.

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” 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, as we as insisting their discounter follow the same policy. We reserve the right to not list a company who does not meet these qualifications.

Funder List “A”
http://www.leasingnews.org/Funders_Only/Funders.htm

Funder List “B”
http://www.leasingnews.org/Funders_Only/Funders.htm

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 also very much encouraged.

  kitmenkin@leasingnews.org

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

First Midwest Equipment Finance Co. 
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
Park Western Leasing 
P&L Capital Corporation 
Standard Professional Services, LLC
Summit Leasing, Inc.
TEAM Funding Solutions

 



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“New Website: Assist Current/Future Career Goals”
Career Crossroad---By Emily Fitzpatrick/RII

Recruiters International Inc.’s (RII) mission has always been to build long-term relationships with clients AND candidates in assisting in their career endeavors. We have strived to provide support and advice on the components of embarking on a career search, e.g. a candidate’s marketability and how to improve the aforementioned. We encourage candidates to keep in touch with us to keep us apprised of their success, whether we have placed them or not.

We have just launched our new website riicareer.com, a site whose sole purpose is to assist candidates in every aspect of their career and/or their career search. Such services include: pre or post interview coaching, drafting correspondence and uniquely developed resumes, providing resources and much more; we even offer a Candidate Showcase. Take the time to review our new website and see if we can be of assistance now or in the future. Please note, some parts are still under construction.

TIP: Regardless of what stage you are in your career (Entry-Level OR C-Level Executive), ALWAYS be proactive with your career and be ready for any changes that may occur with your employer through no fault of your own.

Sample Document you can Download from our Website:  Career Planning

 If you want to figure out where you want to go next, first start with an assessment of where you’ve been. Is there a common thread in your career history? Are you using the skills, education, and training you have? If not, why not?
 

  • Set career goals for yourself. Where do you want to be 1 year, 3 years, and 5 years from now? What must you do you need to get there?
  • Take time to document your work accomplishments. What was the most important thing you did in your job in the last year? What was the impact of that accomplishment — did you save your company money or bring in revenue? Can you quantify the financial impact?
  • Look at your relationships with your co-workers, bosses, and those you supervise. Do you need to make any adjustments? Could you strengthen these relationships? How?
  • Think about what you’d really like your life to be like. If money and time were of no concern to you, how would you spend your days?
  • Identify your #1 personal priority for the next 12 months. What is the one thing you absolutely want to accomplish, or see, or experience in the next year?
  • Professionally, what do you want to be different in the next year? What do you want to be doing more of, and how can you get there?
  • Ask yourself: Am I doing the things I need to do to get where I want to go?
  • Write down what kind of support you need — personally and professionally — to reach the goals you’ve set for yourself.
  • Start an accomplishments journal, brag book, or brag file to document your accomplishments.  

Emily Fitzpatrick
Sr. Recruiter
Recruiters International, Inc.
Phone:  954-885-9241
Cell:  954-612-0567
emily@riirecruit.com
Invite me to Connect on LinkedIn
www.linkedin.com/pub/emily-fitzpatrick/4/671/76
Also follow us on Twitter #RIIINFO
https://www.pinterest.com/recruitersinter/rii-career-services/

Career Crossroads Previous Columns
http://www.leasingnews.org/Conscious-Top%20Stories/crossroad.html

 

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Bill to Inform Consumer End of Contract
Read First Time in the California Assembly


California Senator Ed Hernandez (D-Azusa)

This may open the door to join Louisiana, New York, Rhode Island, Texas, and Wisconsin that the debtor or lessee needs to be notified at the conclusion of the original term of a contract and give notice to not automatically renew payments. It’s not there yet.

Originally as introduced by California Senator Ed Hernandez (D-Azusa), SB 1428, the bill sought to allow consumers a means by which to cancel services online, targeting automatic renewal contracts and states that if allowed to sign up online, then a similar method of cancellation should be provided to consumers. It has deleted the provision and made it to include any contract that includes automatic renewal.

It was amended to:

"1702. A business that makes an automatic renewal or continuous service offer that is subject to Article 9 (commencing with Section 17600) of Chapter 1 of Part 3 of Division 7 of the Business and Professions Code shall provide a consumer with an email address or option on the business’ Internet Web site for the consumer to communicate his or her decision to not renew the subscription or purchasing agreement. Within 24 hours of receipt of a consumer’s communication to not renew the subscription or purchasing agreement, the business shall notify the consumer of receipt of the consumer’s communication. The business shall honor the consumer’s decision to not renew. The definitions of “automatic renewal,” “consumer,” and “continuous service” provided in Section 17601 of the Business and Professions Code shall apply to this section."
http://leginfo.legislature.ca.gov/faces/billCompareClient.xhtml?bill_id=201520160SB1428

 

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

 

[headlines]
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CFPB Issues New Guidelines on Recurring Debits
By Tom McCurnin
Leasing News Legal Editor

To Combat Telemarketer Fraud, CFPB Reminds Banks and Other Covered Entities of Their Duties Under the Federal Rules

USA Today reports, "The Consumer Financial Protection Bureau (CFPB) is working on a plan that would require providers of payday loans, auto title loans and other small-dollar advances to determine their ability to repay the short-term debts that can have annual interest rates as high as 390%. They have an inquiry into open-ended lines of credits and tactics lenders us to seize wages, vehicles or other personal property from borrowers who miss repayment deadlines."

The CFPB recently came down with new guidelines relative to Reg E preauthorized electronic debits of accounts. The term “preauthorized electronic debits” generally means the debiting of an account by a preauthorized written, electronic or verbal authorization, usually for the payment of recurring obligations. It is generated by the customer with an agreement with the customer’s bank. This differs from an ACH in that the ACH is initiated by the creditor’s bank. 

The new guidelines were promulgated in response to complaint about telemarketers and payday lenders. For banks, not only do the new CFPB regulations apply to you, but to your customers, if you bank loan servicers or payday lenders. 

The regulations still allow oral authorization for a recurring debit but the bank must provide disclosure to the customer, either in paper or electronic forms.  That disclosure must disclose that the debit is recurring. The bank must comply with the E-Sign Act, which insures that the person providing authorization is genuine. 

Concerned about the unauthorized debits by telemarketers, the CFPB released four sample letters which the customer can send to its bank to stop the recurring debit. These can be located at http://www.consumerfinance.gov/blog/you-have-protections-when-it-comes-to-automatic-debit-payments-from-your-account/

And for the readers, the CFPB governs not only banks, but many non-bank covered entities, such as loan servicers or payday loans

The bottom line to this new guideline is that it reinforces a bank’s duty to insure that recurring debits are fully authorized by their customers.

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]
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Liens for Equipment on Lease

Most of us know that to protect our interest in the leased equipment a Lessor needs to file a UCC-1 financing statement in the State where the Lessee has filed their charter papers. The filing of a lien is required under Article 9 of the Uniform Commercial Code (UCC) if you have a “lease that is intended as a security”. This occurs when you fail the legal requirements of Article 2A (Article 10 in California) and are therefore by default covered by Article 9. The big difference between the two articles of law is that Article 9 recognizes the customer as the owner of the equipment and therefore requires the Lessor to file a lien.

Only in Article 2A is the Lessor recognized as the equipment owner and therefore does not require the filing of a lien, as noted in last week’s column by Leasing News Legal Editor Tom McCurnin (although he does recommend filing a UCC, nevertheless.) (1)

The requirements for an Article 2A lease are:

Not an Article 2A lease if:

  • Term equal to useful life (must be less than 80% of useful life)
  • Lessee bound to renew for useful life
  • Lessee may renew for useful life for nominal consideration
  • Ownership passes for nominal consideration
  • The lease is cancelable (must be non-cancelable)

Is an Article 2A lease if:

  • Profit is equal or greater than cost
  • Net lease
  • Renewed or has purchase option
  • Renewal is reasonably predictable fair value rent
  • Purchase option is reasonably predictable fair market value

For purposes of definition:

  • Facts at time of entering transaction will prevail
  • Purchase option is nominal if cost to return is greater than option

If your lease fails this definition of an Article 2A lease then your transaction is called a “lease intended as a security” [1-201(37)] and your lessee will be viewed as the owner and you must follow the requirements of Article 9 and file a lien on the equipment. There are three types of liens. The first one is a lien that is filed on the equipment at any time and no other liens are present on that equipment. The second is the existence of a blanket lien where the lender has a lien everything the lessee owns now plus everything the lessee purchases in the future. The third is when the lender/lessor purchases the equipment for the customer and files a lien called a “purchase money security interest” (PMSI). To be effective and have preference over a blanket lien a PMSI must be filed within 20 days of the lessee’s “taking possession of the first piece of the equipment”. This has accounted for the importance of getting a properly signed and completed delivery/possession certificate or a copy of the bill of laden to show possession date. Way too many Delivery and Acceptance forms fail to request possession date and only have the signature date. This puts into question the possession date and the Lessor does not know if they are late filed.

For true legal leases Article 9-505 permits the filing of a precautionary lien on 2A leases. This means that the filing of a lien under Article 9 cannot be used as evidence that the Lessor thought the lease was a loan. The financing statement informs the public that the lessee is in possession of equipment owned by the Lessor and “if” a judge decides the evidence indicates that the transaction is a loan then the Lessor has protected the interest in the equipment by following the rules and filing a lien in the proper manner.
As noted earlier, Leasing News Legal Editor Tom McCurnin recommends filing a UCC (1).

 

Previous #102 Columns:
http://www.leasingnews.org/Conscious-Top%20Stories/Leasing_102/Index.htm

 


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

 

[headlines]
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##### Press Release ############################

American Lease Insurance Integrated w/LeaseTeam Aspire
   at UniFi Equipment Finance


ANN ARBOR, MI – UniFi Equipment Finance (UniFi) is insuring its portfolio with the American Lease Insurance Agency Corporation (ALI) ProgramSM. UniFi recently updated its leasing software to LeaseTeam’s ASPIRE platform, and sought out ALI to deliver a fully integrated insurance program.


Ellen Mueterthies
Chief Operating Officer
UniFi Equipment Finance

 According to Ellen Mueterthies, project manager for the ASPIRE integration at UniFi, “Their approach is unique because it revolved around us. Unlike other companies, American Lease Insurance devoted a lot of time to understanding our way of doing business and learning our system in order to perfectly complement our process. They succeeded.”

The ALI Program, which provides property and liability coverage on eligible financed or leased equipment at competitive “group” rates, is underwritten by Allianz Global Corporate and Specialty® of Chicago, Illinois, rated “A+ “ by A.M. Best. A combination of affordable insurance charges that are fixed for the term of the agreement and better coverage than offered by typical commercial insurance policies has resulted in ALI’s exceptional acceptance rates. Paired with meticulous tracking, the program delivers complete portfolio protection.

ALI’s insurance tracking, following policies and monitoring renewals, is an upgrade in service from UniFi’s former insurance supplier, which did not provide tracking.  Mueterthies sums up the difference: “It’s really been wonderful. ALI is so attentive to our needs and their customer service is at such a high level: their people are just great to work with.”


ALI President Steve Dinkelaker notes, “We were diligent in converting all existing coverage to coverage through Allianz, to make certain that no customer was left without coverage. We’re pleased to welcome UniFi and their customers to the American Lease Insurance Program.”

American Lease Insurance Agency Corporation provides comprehensive portfolio protection through the automated American Lease Insurance Program to equipment leasing and financing companies throughout North America. Founded in 2000 by licensed insurance agent and broker Steve Dinkelaker, ALI is headquartered in Sunderland, Massachusetts, and is an active member of all major leasing organizations and the insurance industry’s Association for Cooperative Operations Research and Development (ACORD). American Lease Insurance does business as Lease Insurance International outside the United States. For more information, go to www.aliac.net.

UniFi Equipment Finance is a well-established company with a national presence in the small ticket vendor space. UniFi has funded more than 85,000 transactions, totaling over $1 billion. It is an affiliate of the Bank of Ann Arbor, a locally owned and operated bank with total assets and assets under management of over $2 billion. For more information, go to www.unifiedge.com or visit Facebook, Twitter, or LinkedIn.

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

 

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Doberman Shepherd
San Francisco, California  Adopt-a-Dog



Ranger
Male
Age: 2.5 years

“Meet Ranger- he’s a handsome Doberman shepherd mix who is 2.5 years old. Ranger is loyal and affectionate to his pack. You might find him snoozing on your feet during the day. His absolute favorite thing is chasing balls which he does so with the speed of a race horse. For this reason he’d love a yard to play as much as he can. He’ll sit, shake, lie down and sometimes roll over by command. Right around 5pm he’ll fetch his food bowl and carry it around. If you run or hike he would be very happy to accompany you since he has tons of energy. He aims to please.

“He has an anxious shepherd temperament. He is good with dogs in a controlled environment but he is proactively aggressive with some dogs he meets. At home he becomes protective and needs more help meeting people at the door- He needs a confident and friendly person who can build trust but also be his alpha. Adult home only. He is good with most other dogs with proper intro.

Please email adopt@rocketdogrescue.org to find out how to meet Ranger.  (MB)

Adoption Information:
adopt@rocketdogrescue.org
General Information:
info@rocketdogrescue.org

Mobile Events:
https://www.rocketdogrescue.org/events-archive/adoption-event-at-belmont-pet-food-express-26/

Adoption Application/Agreement:
https://www.rocketdogrescue.org/adopt/adoption-application/


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

 

[headlines]
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Leasing News Classified Ads

Irvine, CA - Consulting and Investigations Operation Lease Fleece Case Agent, 20 year FBI fraud/white collar crime investigator,
10 year USMC Officer-pilot.
Calif. Private Investigator License #29005
Email: PaulBonin@cox.net 
Mobile: 949-713-9601

Los Angeles - Licensed Private Investigators, specializing Collateral Recovery Field Investigation for the Lending industry since 1998 - Our clients include Banks, Credit Unions, Automotive and Equipment Lenders. 
JohnHarmonPI@aol.com

Midwest
Collections, Investigations & Asset
Tierra Investigations & Consultants, LLC. Commercial collections, repossessions, bankruptcy fraud, theft & conversion claims.  
605-647-1700 
Fax 605-647-0534
troy@tierrainv.com


 

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

[headlines]
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News Briefs---

Needing Cash, Some Small Business Owners Bypass the Bank
    early success was financed by cash flow
http://www.nytimes.com/2016/06/04/your-money/needing-cash-some-small-business-owners-bypass-the-bank.html?_r=0

JPMorgan Just Relaxed Its Office Dress Code
    in a Huge Way--Dimon Spotted Sans Tie
http://www.businessinsider.com/jp-morgans-relaxed-dress-code-2016-6

Kettering company creating technology
      that reads shoppers’ hands
http://www.daytondailynews.com/news/news/company-opens-kettering-innovation-station/nrS5Y/

The One Question Most Americans Get Wrong
   About College Graduates - Take a Guess
http://www.nytimes.com/interactive/2016/06/03/upshot/up-college-unemployment-quiz.html?ref=business

Senior Credit Analyst - Transportation

- Minimum 5 years of small ticket/high volume equipment finance underwriting experience preferred
- Relocation benefits available for the right candidate
- For a complete job description, please click here

www.pawneeleasing.com
Established in 1982, Pawnee Leasing Corporation located in Fort Collins, CO specializes in commercial equipment leasing and financing up to $150,000 to smaller, closely-held business enterprises. Pawnee Leasing is a U.S. subsidiary of Chesswood Group Limited, a publicly-held specialty financial services company based in Toronto, Canada (TSX:CHW).

 

 
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--You May Have Missed It

The Richest Town in Every State
http://247wallst.com/special-report/2016/06/01/the-richest-town-in-every-state/


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SparkPeople--Live Healthier and Longer


What a Serving Size Really Looks Like
http://www.sparkpeople.com/blog/blog.asp
?post=what_a_serving_size_really_looks_like



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Baseball Poem

End of Millennium World Series 2000

by Mark H. Young ©

 

Yankee tradition, can they be beat?
Year 2000 was their latest three-peat.
Steeped in history, chalk up another
During the lifetime of your father and brother.
Many had already written them off
Said they were old, no good, no stuff.

The Yankees did win, as they should
The Metropolitans tried, as hard as they could.
It wasn't the Braves or Cardinals this time
But one giant step up, to the varsity nine.
Benny and the jets called it in five
But wrongly for his Mets, ain't no jive.

Mayor Giuliani had school kids play hooky
One day before Halloween spooky.
Rudy led them in ticker-tape glory
Fourth in five years, just standard story.
Out in front was Grand Marshall Yogi,
Fans cheered MVP Jeter and manager Torre.

Fourteen consecutive games in a row
Another record to post in the Show.
Piazza had Clemens too much on his mind
The Mets' All-Star catcher just cried and whined.
The Rocket threw Mike's bat in vain
But purposely missed, causing more pain.
With their $322 thousand per, winner's shares
Roger's $50 grand fine, with barrel, who cares.

The number 4 and 7 trains
Got New York fans to all the games.
The SUBWAY Series really pumped up New York
With the Bronx Bombers popping champagne cork.
As the clock chimed midnight, Piazza flied out
To Bernie in center, who then knelt about
He thanks God for victory, they all jump and shout.
New York City experienced World Series frenzy
When the Yankees clinched it a day after Wednesday.

As the 'Ol Perfessor Casey, would say in Stengeleeze,
The Metsies are Amazin'.....but against the Yankees, Puh-lease !!!!!

 


[headlines]

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Sports Briefs----

Green sparks routs; Warriors take 2-0 lead
http://www.sfgate.com/warriors/article/Green-sparks-Finals-rout-Warriors-take-2-0-lead-7964867.php

What we should remember most of all about Muhammad Ali
http://nypost.com/2016/06/04/remember-muhammad-ali-for-staring-down-hatred-and-never-flinching/

Muhammad Ali and Howard Cosell: Foils and Friends
    Bound by Mutual Respect
http://www.nytimes.com/2016/06/05/sports/muhammad-ali-and-howard-cosell-foils-and-friends-bound-by-mutual-respect.html

Warriors' Steve Kerr upstages Paul Simon at Berkeley concert
http://www.sfgate.com/warriors/article/Warriors-head-coach-steals-the-show-at-Paul-Simon-7962946.php

Mark Davis says he remains focused on moving Raiders to Las Vegas
http://www.theredzone.org/BlogDescription/tabid/61/EntryId/56827/Mark-Davis-says-he-remains-focused-on-moving-Raiders-to-Las-Vegas/Default.aspx

Novak Djokovic Beats Andy Murray to Claim Elusive French Open Title
http://www.nytimes.com/2016/06/06/sports/tennis/french-open-final-novak-djokovic-andy-murray.html?hp&action=click&pgtype=Homepage&clickSource=story-heading&module=second-column-region&region=top-news&WT.nav=top-news

San Francisco 49ers not Favorites in Any Games for 2016 Season
https://ninernoise.com/2016/06/03/espn-san-francisco-49ers-not-favorites-in-any-games-for-2016-season/


[headlines]
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California Nuts Briefs---

Here’s what $2,000 a month rents you in five major American cities
http://blog.sfgate.com/ontheblock/2016/06/03/heres-what-2000-a-month-rents-you-in-five-major-american-citites/


[headlines]
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“Gimme that Wine”

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

Caymus compliance case wraps up, vintner warns of threat to industry
http://napavalleyregister.com/news/local/caymus-compliance-case-wraps-up-vintner-warns-of-threat-to/article_d8149ea3-b8f4-56d7-af69-c90bcb27333f.html

Treasury To Revamp Production Operations In California
http://www.shankennewsdaily.com/index.php/2016/06/03/15111/treasury-revamp-production-operations-california/

26 graduate from 2016 Wine Educators Academy
http://napavalleyregister.com/calistogan/business/graduate-from-wine-educators-academy/article_0a4e1bf4-cba1-5638-9d4c-5fb1829f5105.html

France made a wine theme park that puts Disneyland to shame
http://www.businessinsider.com/theme-park-for-wine-lovers-france-2016-5


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]
----------------------------------------------------------------

This Day in American History

          1498 - Christopher Columbus left on his third voyage to the New World.
    1639 – The Massachusetts Bay colony granted 500 acres at Pecoit to Edward Rawson for the establishment of a gunpowder mill.  The enterprise failed, as did various other attempts.  It was not until 1675, at Milton on the Neponset River, that a successful gunpowder mill remained a going concern.
    1712 - The Pennsylvania Assembly banned the importation of slaves.
    1716 - The first slaves arrived in Louisiana.
    1755 - Birthday of Nathan Hale (d. 1776), Coventry, CT. The American Patriot was caught behind lines gathering troop movements by British General William Howe, who ordered him to be hung in the morning, as he was a spy. His alleged last words have become a symbol of American Patriotism: “I only regret that I have but one life to lose for my country." They were attributed to a news story printed in the 19th century, and were not heard by contemporaries of his time, nor commented upon.  A 1777 newspaper article reported Hale as saying that “if he had ten thousand lives, he would lay them all down, if called to it, in defense of his injured, bleeding country.''  Four years later, another newspaper story quoted Hale's last words as: “…my only regret is, that I have not more lives than one to offer in its service.'' Hull's 1848 memoirs give us the pithier version we know today: “I only regret that I have but one life to lose for my country.'' According to Captain Frederick Mackenzie, a British officer who witnessed Hale's death, “he may have been young and courageous, but he never said these words.”  According to Mackenzie's diary, he wrote that Hale's last words were: “It is the duty of every good officer to obey any orders given him by his commander-in-chief.”  James A. Barnes, “Myths of the Bryan Campaign,” Mississippi Valley Historical Review (1947). Also see: 
http://www.lihistory.com/4/hs413a.htm
    1756 - Birthday of American painter John Trumbull (d. 1843), Lebanon, Conn. He was notable for his historical paintings. His ‘Declaration of Independence’ (1817) was used on the reverse of the two-dollar bill. 
lower half of:  http://memory.loc.gov/ammem/today/jun06.html
    1769 - Daniel Boone first began to explore the present-day Kentucky.
    1775 - The United Colonies changed their name to United States.
    1776 - Richard Henry Lee of Virginia proposed to the Continental Congress the resolution calling for a Declaration of Independence: that "these United Colonies are, and of right ought to be, free and independent States..." Congress delayed the vote on the resolution until July 1.
    1785 [approximately] - Haitian explorer Jean Baptiste-Pointe Dusable settled Chicago. In 1779, he was living on the site of present-day Michigan City, IN when he was arrested by the British military on suspicion of being an American sympathizer in the Revolution. In the early 1780s, he worked for the British lieutenant-governor of Fort Michilimackinac on an estate at what is now the city of St. Clair. MI, before moving to settle at the mouth of the Chicago River. He is first recorded living in Chicago in early 1790, having apparently become established sometime earlier. He sold his property in Chicago in 1800.
    1816 - The temperature reached 92 degrees at Salem, MA during an early heat wave, but then plunged 49 degrees in 24 hours to commence the famous "year without a summer."
    1828 - A party led by Jebediah Smith completed a journey down the Klamath River and were on the verge of starvation when they were visited by Indians who brought food. Smith's party proceeded north to Oregon and most of the party was killed by Umpqua Indians. Smith was killed in 1831 by Comanches on the Cimarron River. Smith’s party was the first white people to see Lake Earl, the biggest lagoon on the West Coast.
    1831 - “People of Color” Convention held for the first time.
    1833 - Andrew Jackson became the first President to ride on a train.
    1861 - President Lincoln's cabinet declared that the Union government will pay for expenses once states have mobilized volunteers.
    1862 - Confederate gunboats engaged a Union flotilla near Memphis, TN. As crowds of spectators watched from the riverbanks, the outgunned Confederates were defeated. The city of Memphis surrendered shortly before noon of that day, effectively opening up the Mississippi region.  The war would rage on as the Union Army through shear source of "numbers of soldiers" would prevail.
http://www.cr.nps.gov/hps/abpp/battles/tn004.htm
http://www.americancivilwar.com/statepic/tn/tn004.html
    1872 - Susan B. Anthony tests the rights of women and black males to vote under the 14th and 15th amendment, registering and voting in Rochester, New York. She would be arrested, tired, and sentenced to pay a fine. She refused. The judge backed down, fearing she would take this to the Supreme Court for appeal, but nevertheless, the votes were all disqualified and both women and blacks would not be allowed to vote in this century.
    1889 - Great Fire in Seattle, Washington destroys 25 downtown blocks.
    1892 – Benjamin Harrison became the first U.S. President to attend a Major League game as he watched the Cincinnati Reds defeat the hometown Washington Senators, 6-5, in 11 innings.
    1892 - Birthday of bandleader Ted Lewis was born Theodore Leopold Friedman (d. 1971), Circleville, OH.
http://www.redhotjazz.com/tedlewis.html
    1892 – The famous “L” began operation in Chicago.  The Chicago and South Side Rapid Transit Railroad began revenue service when a steam locomotive pulling four wooden coaches, carrying over a couple of dozen people, departed the 39th Street station and arrived at the Congress Street Terminal 14 minutes later, over tracks that are still in use by the Green Line.
    1894 - One of the greatest floods in U.S. history occurred as the Willamette River overflowed to inundate half of the business district of Portland OR.
    1899 - Birthday of pianist William “Fats” Jefferson, Waco, TX.
    1889 - Bryn Mawr College awarded the first graduate fellowship to a woman in the history of the United States. It went to Emily Greene Balch (B. 01-08-1867) for "prosecuting sociological studies." Balch went on to win the Nobel Peace Prize in 1946. Half the human race is a terrible thing to waste... Bryn Mawr was under the direction of M. Carey Thomas who developed the college to an academic par with Harvard University.
    1902 - Birthday of band leader Jimmy Lunceford (d. 1947), Fulton, MS.   
http://www.pbs.org/jazz/biography/artist_id_lunceford_jimmie.htm 
http://www.amazon.com/exec/obidos/search-handle-form/104-3603723-3237564
    1904 - Helen McCloy (1904-1993) was born in NYC.  American mystery writer under the pseudonym Helen Clarkson, she was the first woman to serve as president of Mystery Writers of America. In 1953, she received Edgar award from the same organization for her criticism.
http://www.kirjasto.sci.fi/hmccloy.htm
    1907 – Bill Dickey (d. 1993), was born in Bastrop, LA.  He played for the New York Yankees for 19 seasons (1928-1943).  After serving in the US Navy during World War II, Dickey returned to the Yankees in 1946 as a player and manager. He retired after the 1946 season, but returned in 1949 as a coach, where he taught Yogi Berra, himself a veteran of the Normandy invasion, the art of catching.  During Dickey's playing career, the Yankees went to the World Series nine times, winning eight championships. He was named to 11 All-Star Games. As a manager and coach, the Yankees won another six World Series titles. Dickey was elected to the Baseball Hall of Fame in 1954.
    1918 - Casey Stengel returned to Ebbets Field for the first time since being traded from the Brooklyn Dodgers to the Pittsburgh Pirates over the winter. Stengel celebrated the occasion by striding to the plate for his first at-bat, calling time, doffing his cap and letting a live bird fly out. Fans broke into laughter. He was giving them the bird.
    1918 – The Battle of Belleau Wood saw the US Marines suffer its worst single day's casualties while attempting to recapture the wood at Chateau-Thierry.
    1920 - The St. Louis Cardinals played their last game at Robison Field (renamed "Cardinal Field" in 1917), their home field since 1893, beating the Chicago Cubs, 5-2.  One of new owner Sam Breadon’s first decisions was to agree to a ten-year lease for $20,000 annually, allowing his team to move six blocks to share Sportsmen’s Park with the St. Louis Browns.  He used the money from selling the aging ballpark to finance Branch Rickey’s idea of establishing a fam system by investing in a club affiliation with a minor league team in Houston.
    1921 – Bill Gatewood of the Detroit Stars pitched the first no-hitter in the history of the Negro National League, defeating the Cuban Stars, 4-0.
    1925 - Birthday of trombonist Al Grey (d. 2000), Aldie, VA.
http://www.jazzcanadiana.on.ca/_GREY.htm
http://www.trombone.org/articles/library/algrey-tribute.asp
    1925 – Walter P. Chrysler founded Chrysler Corporation.  Chrysler had been an auto enthusiast for over five years by the time he was introduced to Charles Nash, then president of the Buick Motor Company, who was looking for a smart production chief. Chrysler, who had resigned from many railroading jobs over the years, made his final resignation from railroading to become works manager (in charge of production) at Buick in Flint, MI.  He found many ways to reduce the costs of production, such as putting an end to finishing automobile undercarriages with the same luxurious quality of finish that the body warranted. Chrysler was then hired to attempt a turnaround by bankers who foresaw the loss of their investment in Willys-Overland in Toledo. He demanded, and received, a salary of $1 million a year for two years, an astonishing amount at that time. When Chrysler left Willys in 1921 after an unsuccessful attempt to wrestle control, he acquired a controlling interest in the ailing Maxwell Motor Company. Chrysler phased out Maxwell and absorbed it into his new firm, the Chrysler Corporation, in Detroit, in 1925. In addition to his namesake car company, Plymouth and DeSoto marques were created, and in 1928, Chrysler purchased Dodge. Chrysler was named Time Magazine’s Man of the Year for 1928. 
    1930 - Dillard University, a private, historically black liberal arts college in New Orleans, was founded, incorporating earlier institutions dating to 1869.  It is affiliated with the United Church of Christ and the United Methodist Church.
http://www.dillard.edu/
    1931 - Birthday of guitarist Grant Green (d. 1979), St. Louis, Mo.
http://website.lineone.net/~johnharris/grant_green.htm
http://members.tripod.com/vermontreview/CD%20Reviews/gamut.htm
    1932 - The Revenue Act of 1932, in the beginning of the Great Depression, was enacted, creating the first gasoline tax in the United States, at a rate of 1 cent per gallon.
    1933 - Richard M. Hollingshead, Jr., a chemical company magnate, opened America's first drive-in movie theater on Admiral Wilson Boulevard in Pennsauken Township, NJ. In 1932, Hollingshead conducted outdoor theater tests in his driveway at 212 Thomas Avenue in Riverton. After nailing a screen to trees in his backyard, he set a 1928 Kodak projector on the hood of his car and put a radio behind the screen, testing different sound levels with his car windows down and up. Blocks under vehicles in the driveway enabled him to determine the size and spacing of ramps so all automobiles could have a clear view of the screen. Hollingshead applied for a patent of his invention on August 6, 1932, and he was given US Patent 1,909,537 on May 16, 1933.  At the height of their popularity in 1958, there were more than 4,000 drive-ins across America. As of March 2014, a figure of 348 drive-ins has been published for the United States.  In the Fall of 2014, the burger chain Johnny Rockets announced that it would team up with USA Drive-Ins to open 200 drive-ins by 2018 serving Johnny Rocket's food at the concession stands.
    1934 - President Franklin D. Roosevelt signed the Securities Exchange Act that established the SEC. Wall Street had operated almost unfettered since the end of the eighteenth century. However, the stock market crash of 1929 necessitated regulation of the exchanges. The Securities and Exchange Commission is composed of five members appointed by the President.
    1939 - Singer Gary (US) Bonds, whose real name is Gary Anderson, was born in Jacksonville, Florida. Bonds had a string of energetic dance records in the early 1960's, the biggest of which was "Quarter to Three," which reached number one in 1961. Bonds' career was revived in 1981 by Bruce Springsteen. "The Boss" wrote "This Little Girl of Mine," which became Gary (US) Bonds' first hit in nearly 20 years. Bonds' comeback album, "Dedication," also made the charts.
    1939 - Bert and George Bebble and Carl Stotz formed Little League Baseball in Williamsport, PA.  The three youth teams in the league have uniforms thanks to a $35 donation.
    1941 – The New York Giants became the first team to wear protective headgear as they used plastic helmets in a game against the Pittsburgh Pirates.
    1942 - Birthday of Marian Wright Edelman, activist and founder of the Children's Defense Fund, Bennettsville, SC.
http://cdfweb.vwh.net/mwe.html
http://bss.sfsu.edu/edelman/aboutmwe.htm
    1942 - The Battle of Midway--one of the most decisive U.S. victories in its war against Japan--comes to an end. Occurring only six months after Japan’s attack on Pearl Harbor and one month after the Battle of Coral Sea, mmilitary historian John Keegan called it "the most stunning and decisive blow in the history of naval warfare."  In the four-day sea and air battle, the outnumbered U.S. Pacific Fleet succeeded in destroying four Japanese aircraft carriers with the loss of only one of its own, the Yorktown, thus reversing the tide against the previously invincible Japanese navy.
    1943 - The worst of the L.A. Zoot Suit Riot violence, a series of racial attacks, occurs as soldiers, sailors, and marines from as far away as San Diego travel to Los Angeles to join in the fighting.  During a period when many Mexican migrants arrived for the defense effort and newly assigned servicemen flooded the city, Mexican youths, recognizable by the zoot suits they favored, were attacked as being unpatriotic. Taxi drivers offer free rides to servicemen and civilians to the riot areas. Approximately 5,000 civilians and military men gather downtown. The riot spreads into the predominantly African American section of Watts.
    1944 – “D-Day, the 6th of June.”  In the early-morning hours, Allied forces landed in Normandy on the north coast of France. In an operation that took months of planning, a fleet of 2,727 ships of every description converged from British ports from Wales to the North Sea. Operation Overlord involved 2,000,000 tons of war materials, including more than 50,000 tanks, armored cars, jeeps, trucks and half-tracks. The US alone sent 1,700,000 fighting men in the largest amphibious military operation in history. The Germans believed the invasion would not take place under the adverse weather conditions of this early June day, especially with their number one General, George S. Patton, deployed elsewhere. But as the sun came up, the village of Sainte-Mère-Eglise was liberated by American parachutists, and by nightfall the landing of 155,000 Allies attested to the success of D-Day. The long-awaited second front had at last materialized. 
General Patton joined the war with his tank brigade, pushing toward the Rhine River before the other generals told him he couldn't do that.
http://memory.loc.gov/ammem/today/jun06.html
    1944 – Honoring the D-Day invasions, Major League Baseball cancelled all games for the day.
    1944 – Tommie Smith was born in Clarksville, TX.  At the 1968 Summer Olympics, Smith won the 200-meter dash finals and gold medal in 19.83 seconds – the first time the 20-second barrier was broken legally. His Black Power salute with John Carlos atop the medal podium caused controversy at the time as it was seen as politicizing the Olympics. It remains a symbolic moment in the history of the Civil Rights Movement.
    1944 - Birthday of pianist Monty Alexander, Kingston, Jamaica
http://www.montyalexander.com
    1945 - McTUREOUS, ROBERT MILLER, JR., Medal of Honor
Rank and organization: Private, U.S. Marine Corps. Born: 26 March 1924, Altoona, Fla. Accredited to: Florida. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty, while serving with the 3d Battalion, 29th Marines, 6th Marine Division, during action against enemy Japanese forces on Okinawa in the Ryukyu Chain, 7 June 1945. Alert and ready for any hostile counteraction following his company's seizure of an important hill objective, Pvt. McTureous was quick to observe the plight of company stretcher bearers who were suddenly assailed by slashing machinegun fire as they attempted to evacuate wounded at the rear of the newly won position. Determined to prevent further casualties, he quickly filled his jacket with hand grenades and charged the enemy-occupied caves from which the concentrated barrage was emanating. Coolly disregarding all personal danger as he waged his furious 1-man assault, he smashed grenades into the cave entrances, thereby diverting the heaviest fire from the stretcher bearers to his own person and, resolutely returning to his own lines under a blanketing hail of rifle and machinegun fire to replenish his supply of grenades, dauntlessly continued his systematic reduction of Japanese strength until he himself sustained serious wounds after silencing a large number of the hostile guns. Aware of his own critical condition and unwilling to further endanger the lives of his comrades, he stoically crawled a distance of 200 yards to a sheltered position within friendly lines before calling for aid. By his fearless initiative and bold tactics, Pvt. McTureous had succeeded in neutralizing the enemy fire, killing 6 Japanese troops and effectively disorganizing the remainder of the savagely defending garrison. His outstanding valor and heroic spirit of self-sacrifice during a critical stage of operations reflect the highest credit upon himself and the U.S. Naval Service.
    1946 - The Basketball Association of America was founded at a New York meeting of hockey team owners and arena managers interested in having their buildings used on open dates. The original BAA franchises:  Boston Celtics, Chicago Stags, Cleveland Rebels, Detroit Falcons, NY Knickerbockers, Philadelphia Warriors, Pittsburgh Ironmen, Providence Steamrollers, St. Louis Bombers, Toronto Huskies, Washington Capitols.  The BAA played three seasons (1946-49), after which it merged with the National Basketball League, founded in 1937, to form the National Basketball Association. Three original BAA teams remain: the Boston Celtics, the Philadelphia Warriors (now the Golden State Warriors) and the New York Knicks.
    1949 - Top Hits
“Riders in the Sky” - Vaughn Monroe
“Again” - Doris Day
“Some Enchanted Evening” - Perry Como
“Lovesick Blues” - Hank Williams
   1951 - HANSON, JACK G., Medal of Honor
Rank and organization: Private First Class, U.S. Army, Company F, 31st Infantry Regiment. Place and date: Near Pachi-dong, Korea, 7 June 1951. Entered service at: Galveston, Tex. Born: 18 September 1930, Escaptawpa, Miss. G.O. No.: 15, 1 February 1952. Citation: Pfc. Hanson, a machine gunner with the 1st Platoon, Company F, distinguished himself by conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty in action against an armed enemy of the United Nations. The company, in defensive positions on two strategic hills separated by a wide saddle, was ruthlessly attacked at approximately 0300 hours, the brunt of which centered on the approach to the divide within range of Pfc. Hanson's machine gun. In the initial phase of the action, 4 riflemen were wounded and evacuated and the numerically superior enemy, advancing under cover of darkness, infiltrated and posed an imminent threat to the security of the command post and weapons platoon. Upon orders to move to key terrain above and to the right of Pfc. Hanson's position, he voluntarily remained to provide protective fire for the withdrawal. Subsequent to the retiring elements fighting a rearguard action to the new location, it was learned that Pfc. Hanson's assistant gunner and 3 riflemen had been wounded and had crawled to safety, and that he was maintaining a lone-man defense. After the 1st Platoon reorganized, counterattacked, and rescued its original positions at approximately 0530 hours, Pfc. Hanson's body was found lying in front of his emplacement, his machine gun ammunition expended, his empty pistol in his right hand, and a machete with blood on the blade in his left hand, and approximately 22 enemy dead lay in the wake of his action. Pfc. Hanson's consummate valor, inspirational conduct, and willing self-sacrifice enabled the company to contain the enemy and regain the commanding ground, and reflect lasting glory on himself and the noble traditions of the military service.
    1955 - Bill Haley & Comets, "Rock Around the Clock" hits #1
    1956 - Gogi Grant (born Audrey Brown) reached the top spot on the "Billboard" singles chart for the first and only time in her career. Her hit, "The Wayward Wind", stayed at the top of the top-tune tabulation for eight weeks and on the music charts for 22 weeks. It was her second record release. The first, in October, 1955, was "Suddenly There's a Valley" which climbed to number nine.
http://www.gpproductions.com/acts/grant.html
http://art.staviator.com/G/Gogi_Grant.html
    1956 - Gene Vincent's recording of "Be Bop A Lula" was released. The song was co-written by Vincent and (Sheriff) Tex Davis, a deejay at a Norfolk, Virginia radio station. "Be Bop a Lula" was a hit on both sides of the Atlantic, selling a million copies. Vincent never was able to match the success of his initial hit. He died in 1971 of a seizure brought on by a bleeding ulcer.
    1957 - Top Hits
“Love Letters in the Sand” - Pat Boone
“A Teenager's Romance/I'm Walkin'” - Ricky Nelson
“A White Sport Coat (And a Pink Carnation)” - Marty Robbins
“Four Walls” - Jim Reeves
    1960 - Tony Williams left Platters for a solo career. Williams was the lead singer on the Platters' big hits in the '50s - "Only You," "The Great Pretender" and "Smoke Gets in Your Eyes," among others. In the 1970's, Williams and Buck Ram, manager of the Platters, battled in court over who had the right to use the group's name. Ram won the case, but both later toured with groups billed as the Platters, Williams calling his the International Platters.
    1960 - Roy Orbison's "Only the Lonely" was released. It would reach number two on the Billboard Hot 100 and inspire Bruce Springsteen to write "Born to Run."
    1960 - The RIAA presents Bing Crosby with a special platinum record honoring the sale of his 200 millionth record, a total which includes not only 125 albums but 2,600 singles!
    1962 - The Beatles audition for EMI, recording four demos, the first material the band ever recorded at Abbey Road: three original compositions called "Love Me Do," "Ask Me Why," and "P.S. I Love You," and a cover of the standard "Besame Mucho." Producer George Martin is not at the session, but is called in by engineer Norman "Hurricane" Smith when he hears something he likes in "Love Me Do." Martin is not impressed with the group's songwriting, scruffy outfits, and even scruffier equipment (one of the band's amps blows during the audition), and he tells them so, finishing, "Look, I've laid into you for quite a time, you haven't responded. Is there anything you don't like?" To which George quips, "I don't like your tie!" The tension is broken, and Martin, charmed by the group's personality, agrees to work with them. (Though he later says, "They were pretty awful. I understand why other record companies turned them down.") The band members are paid US $12 each for the session; drummer Pete Best, with whose skills Martin remains unimpressed, would soon be sacked from the group.
    1964 - The Dixie Cups' "Chapel of Love" hits #1
    1965 - General Westmoreland requests a total of 35 battalions of combat troops, with another nine in reserve. This gave rise to the "44 battalion" debate within the Johnson administration, a discussion of how many U.S. combat troops to commit to the war. Westmoreland felt that the South Vietnamese could not defeat the communists alone and he wanted U.S. combat troops to go on the offensive against the enemy. His plan was to secure the coastlines, block infiltration of North Vietnamese troops into the south, and then wage a war of attrition with "search and destroy" missions into the countryside, using helicopters for rapid deployment and evacuation. Westmoreland had some supporters in the Johnson administration, but others of the president's advisers did not support Westmoreland's request for more troops, because they disagreed with what would be a fundamental change in the U.S. role in Vietnam. In the end, Johnson acquiesced to Westmoreland's request; eventually there would be over 500,000 U.S. troops in South Vietnam.
    1965 - Top Hits
“Help Me, Rhonda” - The Beach Boys
“Wooly Bully” - Sam The Sham and The Pharaohs
“Crying in the Chapel” - Elvis Presley
“What's He Doing in My World” - Eddy Arnold
    1966 - Civil rights activist Stokely Carmichael launches “Black Power” Movement. Died Nov 15, 1998.
http://www.blackhistory.eb.com/micro/727/78.html
    1966 - Author Truman Capote holds famous "Black & White Ball" — widely regarded as most glittering bash of the decade.
    1966 - No. 1 Billboard Pop Hit: "Paint It Black," The Rolling Stones.
    1966 - The Turtles and Oxford Circle at the Fillmore Auditorium in San Francisco.
    1966 - The Beatles record "Eleanor Rigby."
    1968 - McDonald, Phill G., Medal of Honor
Rank and organization: Private First Class, U.S. Army, Company A, 1st Battalion, 14th Infantry, 4th Infantry Division. place and date: Near Kontum City, Republic of Vietnam, 7 June 1968. Entered service at: Beckley, W. Va. Born: 13 September 1941. Avondale, W. Va. Citation: For conspicuous gallantry and intrepidity in action at the risk of his life above and beyond the call of duty. Pfc. McDonald distinguished himself while serving as a team leader with the 1st platoon of Company A. While on a combat mission his platoon came under heavy barrage of automatic weapons fire from a well concealed company-size enemy force. Volunteering to escort 2 wounded comrades to an evacuation point, Pfc. McDonald crawled through intense fire to destroy with a grenade an enemy automatic weapon threatening the safety of the evacuation. Returning to his platoon, he again volunteered to provide covering fire for the maneuver of the platoon from its exposed position. Realizing the threat he posed, enemy gunners concentrated their fire on Pfc. McDonald's position, seriously wounding him. Despite his painful wounds, Pfc. McDonald recovered the weapon of a wounded machine gunner to provide accurate covering fire for the gunner's evacuation. When other soldiers were pinned down by a heavy volume of fire from a hostile machine gun to his front, Pfc. McDonald crawled toward the enemy position to destroy it with grenades. He was mortally wounded in this intrepid action. Pfc. McDonald's gallantry at the risk of his life which resulted in the saving of the lives of his comrades is in keeping with the highest traditions of the military service and reflects great credit upon himself, his unit, and the U.S. Army.
    1970 - MURRAY, ROBERT C., Medal of Honor
Rank and organization: Staff Sergeant, U.S. Army, Company B, 4th Battalion, 31st Infantry, 196th Infantry Brigade, 23d Infantry Division. Place and date: Near the village of Hiep Duc, Republic of Vietnam, 7 June 1970. Entered service at: New York, N.Y. Born: 10 December 1946, Bronx, N.Y. Citation: S/Sgt. Murray distinguished himself while serving as a squad leader with Company B. S/Sgt. Murray's squad was searching for an enemy mortar that had been threatening friendly positions when a member of the squad tripped an enemy grenade rigged as a booby trap. Realizing that he had activated the enemy booby trap, the soldier shouted for everybody to take cover. Instantly assessing the danger to the men of his squad, S/Sgt. Murray unhesitatingly and with complete disregard for his own safety, threw himself on the grenade absorbing the full and fatal impact of the explosion. By his gallant action and self-sacrifice, he prevented the death or injury of the other members of his squad. S/Sgt. Murray's extraordinary courage and gallantry, at the cost of his life above and beyond the call of duty, are in keeping with the highest traditions of the military service and reflect great credit on him, his unit, and the U.S. Army.
    1968 - New York Senator Robert Francis Kennedy dies after being shot while campaigning for president. The assassination took place shortly after midnight on June 5, 1968, in the Ambassador Hotel in LA, after winning the California and South Dakota Democratic primaries.  Kennedy died in the Good Samaritan Hospital twenty-six hours later. Sirhan Sirhan, a 24-year-old Palestinian/Jordanian immigrant, was convicted of Kennedy's murder and is serving a life sentence for the crime. The shooting was recorded on audio tape by a freelance newspaper reporter, and the aftermath was captured on film. There are many who believe this was a conspiracy, and there are many sites on the internet making all kinds of noise, but history is full of loners who manage to assassinate famous people, including American presidents.
    1986 - Manager Steve Boros of the San Diego Padres was ejected before the first pitch of a game with the Atlanta Braves when he attempted to give umpire Charlie Williams a videotape of a disputed play in the previous night's game, a 4-2 Braves victory.
    1971 – Ed Sullivan said goodbye as "The Ed Sullivan Show" left CBS-TV. He reportedly lived in my home town of Port Chester, New York, married to a Jewish lady who reportedly ruled the roost at home. As a newspaper columnist, he was very popular and it was told a mention in his column was very important for one’s career. When his variety shows appeared on television, with him as the host, due to his fame as a columnist, he was able to attract the top stars that were originally afraid of the medium. He also brought in new talent and had a real circus from Polish dancing bears, a little mouse named Topo Gigio, and “discovered” Elvis Presley, The Beatles, The Dave Clark Five, the comedy of Jackie Mason, John Byner, Rich Little, Allen King, Richard Pryor and so many more.  Gladys Knight and The Pips and singer Jerry Vale appeared on the final show. "The Ed Sullivan Show" had been a showcase for more than 20 years for artists who ranged from Ethel Merman to Ella Fitzgerald, from Steve and Eydie to the Beatles. "The Ed Sullivan Show" was the longest running variety show on TV.
    1973 - Barry White was awarded a gold record for "I'm Gonna Love You Just a Little More Baby." It was his first hit and his first of five number one million-sellers. White began recording in 1960. He formed the group, Love Unlimited, in 1969 and married one of the group's singers, Glodean James. He also formed the 40-piece Love Unlimited Orchestra which had the number-one hit, "Love's Theme" in 1973.
    1973 - Top Hits
“My Love” - Paul McCartney & Wings
“Daniel” - Elton John
“Pillow Talk” - Sylvia
“Satin Sheets” - Jeanne Pruett
http://members.rott.chello.nl/p.klein6/bwindex.htm
    1977 - Severe thunderstorms with large hail and winds to 100 mph caused one million dollars damage around Norfolk, VA. A forty-two foot fishing boat capsized near the Chesapeake Bay Bridge Tunnel drowning 13 of the 27 persons on board.
    1977 - Stevie Wonder appears, sponsored by Billboard, as a guest music lecturer at a UCLA symposium, talking about his early Motown days and illustrating his points with performances.
    1978 - Proposition 13 passed in California. Voters joined Senator Howard Jarvis in cutting property taxes by 57 percent. This was seen as the birth of a taxpayer's revolt against high taxes and excessive government spending. It also spelled the end of the higher education system in California, and brought the secondary schools from number one to number thirty and lower in score testing today.
    1978 - “20/20” premiered on TV. An hourly news magazine developed by ABC to compete with CBS's “60 Minutes”. Its original hosts, Harold Hayes and Robert Hughes, were cut after the first show and replaced by Hugh Downs.  Barbara Walters became co-anchor in 1984.  The show consisted of investigative and background reports. Contributors to the show have included Tom Jarriel, Sylvia Chase, Gerald Rivera, Thomas Hoving, John Stossel, Lynn Sher and Stone Phillips.
    1981 - Top Hits
“Bette Davis Eyes” - Kim Carnes
“Being with You” - Smokey Robinson
“Stars on 45 medley” - Stars on 45
“Friends” - Razzy Bailey
    1988 - Seventeen cities in the north central U.S. reported record high temperatures for the date, including Williston, ND with a reading of 104 degrees. Thunderstorms in Florida produced wind gusts to 65 mph which damaged two mobile homes northwest of Melbourne injuring six people.
    1989 - Top Hits
“Rock On” - Michael Damian
“Soldier of Love” - Donny Osmond
“Wind Beneath My Wings” - Bette Midler
“Where Did I Go Wrong” - Steve Wariner
    1996 - San Francisco became the first city in the nation to sue the tobacco industry.
    1998 - "The Boy is Mine," by Brandy and Monica, zoomed to number 1 on the "Billboard" pop chart. It ruled the Hot 100 roost for 13 weeks -- putting it in the top ten of longest-running #1 singles in the modern rock era.
    2000 - Thanks to the Angels' video crew playing a clip from the 1994 movie "Ace Ventura, Pet Detective" on the JumboTron, the Rally Monkey is born. With the words "Rally Monkey" superimposed over a monkey jumping up and down in the Jim Carrey movie, the crowd goes wild as Anaheim scores two runs in the bottom of the ninth to beat the Giants, 6-5.
http://imagesource.allposters.com:80/images/pic/PHOTOFILE/AADT038~
Anaheim-Angels-Rally-Monkey--Photofile.jpg

    2003 - Insisting the corked bat, designed to put on home run displays during batting practice, was accidentally used in the Devil Rays' game, Cubs' slugger Sammy Sosa is suspended for eight games by Major League Baseball. Bob Watson, baseball's vice president of on-field operations, agreed the Chicago's outfielder use of an illegal bat was an "isolated incident," but one that still deserved a penalty.
    2004 – Phylicia Rashad became the first African-American actress to win a Tony award for a leading dramatic role in a revival of “A Raisin in the Sun.”
    2005 - In Gonzalez v. Raich, the Supreme Court upheld a federal law banning cannabis, including medical marijuana.
    2014 - Telecom company Vodafone, an original investor in Verizon Wireless, reported that certain nations allow authorities direct access to citizen communications data without a warrant.  The company is prohibited from revealing the names of these nations.

NBA Finals Champions:
    1976 - Boston Celtics


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