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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
   

   Focusing on Fortune 1000 companies
and other near investment grade credit corporations


   Lease Origination
(click here for more information)

   VP of Capital Markets
(click here for more information)

www.atel.com
Headquartered in San Francisco, ATEL is one of the largest independent equipment financing companies in the US serving a wide range of industries


Monay, June 4, 2018



Today's Equipment Leasing Headlines

Editorial: Business Practices
  Are Leasing Associations Promoting Ethics?
   By Christopher Menkin, Publisher
Position Wanted – Credit
  Work Remotely or Relocate for Right Opportunity
Top Stories:  May 30 - June 1
   (Opened Most by Readers)
Marshall Goldberg Warns of California AB 3207
  Requiring Disclosure of Broker Compensation in Advance
The CLFP Foundation Releases Sixth Edition  
   Professional Handbook
Leasing Industry Ads---Help Wanted
    Atel Capital Group/Centra Funding
Cities Where Renters Became Majority Population since 2006
   www.doctorhousingbubble.com
Mixed Breed (“Fun Dog”)
   Columbus, Ohio  Adopt-a-Dog
Twelve Attorneys Against Evergreen Abuse
   Experts on Leasing Finance
News Briefs---
Banks in Louisiana turn away from traditional branches
    as digital shift takes hold
Textile Industry Gains Pole Position in Pollution
  Now Second Worst to Oil Industry, Yale Environment 360
“Change like we’ve not seen in decades”
   —high-end auto designers go electric

Broker/Funder/Industry Lists | Features (wrilter'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---
 Poem
  Sports Brief----
   California Nuts Brief---
   "Gimme that Wine"
     This Day in History
      SuDoku
       Daily Puzzle
        GasBuddy
         Weather, USA or specific area
          Traffic Live----

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

Please send a colleague and ask them to subscribe. We are free
Email kitmenkin@leasingnews.org and in subject line: subscribe




[headlines]

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Editorial: Business Practices
Are Leasing Associations Promoting Ethics?
By Christopher Menkin, Publisher

In the guidelines of leasing associations, the bylaws are strict regarding the Code of Fair Business Practices; however, they are rarely enforced (1). A good example may be Balboa Capital, Costa Mesa, California, where Leasing News has received many complaints,  going back to 2006 (2). Perhaps as noticeable, Balboa Capital was reportedly required by the board of the National Association of Equipment Leasing (now known as the American Association of Commercial Finance Brokers) to leave its membership (3). Balboa Capital co-founder Patrick Byrne was reportedly not renewed as a Certified Lease Professional (now known as the Certified Leasing and Finance Professional Foundation).

Over the years, Leasing News has received the same complaints about interim rent on 90-day payment leases (remember Shopko?) (4), fair market value leases that were proposed originally as a $1.00 purchase options, but were no; continued payments past the lease expiration; deposits not counted in payoffs, among many transgressions. (5)

There is now a complaint which is headed for the Leasing News Bulletin Board regarding the return of equipment. The lessee wrote three letters that the lessor agreed they were received, but were not sent “certified mail.” The lessor would not disclose the location to which the equipment was to be returned. The equipment was inspected and was noted by a professional to be in very good working order. The lessee sent it back to the COO of Balboa Capital, Federal Express, Insured.  But it was refused. Calls and emails to the COO and Co-Founder of Balboa by Leasing News were not returned. 
Emails, telephone calls, telephone calls by the lessee with customer relationship manager eventually confirmed extra payments were not recognized and a deposit was “discovered.” But they still refused to accept the equipment and instructed Federal Express to return it.

There seems to be other issues with another lease payoff regarding how many payments Balboa Capital actual took via ACH.

Perhaps it is time the Equipment Leasing and Finance Association should consider the Business Practices of its member Balboa Capital. At least, a formal complaint may be necessary.

(1) The Complaint Process for Leasing and Finance Associations
CLFP, ELFA, NAELB, NEFA
http://leasingnews.org/archives/Oct2017/10_02.htm#process

(2 Evergreen Complaint, 2006
http://www.leasingnews.org/Conscious-Top%20Stories/BBC_Balboa.htm

(3) Balboa Exits Broker Business Badly
 http://www.leasingnews.org/archives/December%202008/12-01-08.htm#balboa

(4) Shopko
http://leasingnews.org/archives/Aug2017/08_28.htm#shopko

(5) History of Balboa on the List:
http://www.leasingnews.org/list_alpha_new.htm#balboa

 

 



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Position Wanted – Credit
Work Remotely or Relocate for Right Opportunity

 

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. 

Credit



Work Remotely from Portland, Oregon

Experienced commercial banker and former commercial equipment leasing industry professional seeking full-time or part-time work out of my home in Portland, Oregon. Over twenty years’ experience in credit analysis, underwriting, sales and collections. Known for creative problem solving and strong quantitative & qualitative analytical skills.  Demonstrated ability to gather information, evaluate and make informed strategic business decisions to maximize profit and mitigate risk. Well known for ability to develop strong business relationships with Clients and large list of national equipment leasing Brokers. Please see attached resume and contact me below if interested. 
Resume
JFrank@BL-Solutions.com

Orlando, Florida - Will work remotely
As a Commercial Credit Analyst/Underwriter, I have evaluated transactions from sole proprietorships to listed companies, across a broad spectrum of industries, embracing a multitude of asset types. Sound understanding of balance sheet, income statement and cash flow dynamics which impact credit decisions. Strong appreciation for credit/asset risk.
rpsteiner21@aol.com
407 430-3917


Seattle, WA – Will Work Remotely

A highly skilled credit expert.  Extensive underwriting background in small ticket leasing and commercial banking.  Managing equipment finance credit operations, performing daily credit tasks, spreading/analyzing financial statements, preparing monthly reports.  Exceptional organizational, analytical, communication skills.  I excel at making sound credit decisions in a fast paced environment.  murphy9679@frontier.com

 


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Top Stories:  May 30 - June 1
(Opened Most by Readers)

 

(1) California Senate Passes SB 1235
    Moves on to State Assembly
http://leasingnews.org/archives/Jun2018/06_01.htm#california

(2) New Hires/Promotions in the Leasing Business
          and Related Industries
http://leasingnews.org/archives/Jun2018/06_01.htm#hires

(3)  “Evergreen Clause”—The Danger of Automatic Renewal
           Definitions by Barry S. Marks, Esq., CLFP
http://leasingnews.org/archives/May2018/05_30.htm#evergreenclause

(4) Barry Marks, CLFP, on the Change of Name by NAELB
  to American Association if Commercial Finance Brokers
http://leasingnews.org/archives/May2018/05_30.htm#clfp

(5) White House to Impose Metal Tariffs on
   Key U.S. Allies, Risking Retaliation - Chart Revisited
http://leasingnews.org/archives/Jun2018/06_01.htm#white

(6) Sales Makes it Happen by Scott Wheeler, CLFP
     The Good Old Days
http://leasingnews.org/archives/May2018/05_30.htm#days

(7) Cash Flow is Still King
    Three Examples by SLIM Capital, LLC
http://leasingnews.org/archives/May2018/05_30.htm#cash

(9) How the Fifth Third-MB deal could backfire
  By Joe Cahill, Crain's Chicago Business
http://www.chicagobusiness.com/article/20180530/BLOGS10/180539996

(10) Equipment Leasing and Law
   Haiku by Paul Bent, Esq.
http://leasingnews.org/archives/Jun2018/06_01.htm#haiku

 


[headlines]
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Marshall Goldberg Warns of California AB 3207
Requiring Disclosure of Broker Compensation in Advance

Marshall Goldberg, Esq., Glass & Goldberg, writes in his newsletter the California State Senate State Assembly Bill 3207 was passed and referred to the Senate Banking and Finance Committee.  It puts further restrictions on those licensed by the California Financing Law, such as "The commercial loan contract provides for an annual percentage rate that does not exceed 36 percent." Add the residual in, the upfront money, interim rent, document fee, and 20% commission to the broker, and you are over 36 percent.

Goldberg states, "The bill seeks to expand the definition of a broker or lead to include anyone who receives compensation during the course of a referral or lead for conveying confidential information, participating in an loan negotiation between a finance lender and a prospective borrower, or charging any fees to a prospective borrower or applicant for any services related to an application for a loan from a finance lender." 

This involves a referral fee or commission, which is to be in writing to the borrower as part of the transaction.

"(1) The referral by the unlicensed person leads to the consummation of a commercial loan, as defined in Section 22502, between the licensee and the prospective borrower referred by the unlicensed person.
(2) The commercial loan contract provides for an annual percentage rate that does not exceed 36 percent.
(3) Before approving the commercial loan, the licensee does both of the following:
(A) Obtains documentation from the prospective borrower documenting the borrower’s commercial status. Examples of acceptable forms of documentation include, but are not limited to, a seller’s permit, business license, articles of incorporation, income tax returns showing business income, or bank account statements showing business income."

 

AB 3207 as Amended:
http://leginfo.legislature.ca.gov/faces/billCompareClient.xhtml?bill_id=201720180AB3207

Marshall Goldenberg, Esq.
GLASS & GOLDBERG, ALC
22917 Burbank Blvd.
Woodland Hills, CA 91367-4203.
(818) 888-2220
mgoldberg@glassgoldberg.com
www.glassgoldberg.com 


[headlines]
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Leasing Industry Ads---Help Wanted
Now’s the Time to Apply

   Focusing on Fortune 1000 companies
and other near investment grade credit corporations


   Lease Origination
(click here for more information)

   VP of Capital Markets
(click here for more information)

www.atel.com
Headquartered in San Francisco, ATEL is one of the largest independent equipment financing companies in the US serving a wide range of industries


 

 


[headlines]
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The CLFP Foundation Releases Sixth Edition 
   Professional Handbook

The Certified Leasing and Finance Professional designation is the only certification for the Equipment Finance Industry. There are currently 571 active Certified Lease & Finance Professionals and Associates in the United States, Canada and Australia.

The book is now available for purchase through the Foundation's website and Amazon. * The 2018 CLFP Exam will continue to be based on the Fifth Edition of the Handbook, and in 2019, the Exam will be updated to reflect the new content. A primer is being prepared for members who do not wish to purchase the latest edition...

 The goal of the CLFP Foundation was to produce an improved narrative that incorporated perspectives reflective of the larger bank, captive and independent companies that are utilizing the Designation as a tool for professional development.


Robert Boyer, CLFP; President of BB&T Commercial Equipment Capital, CLFP Board Member and ELFA Treasure, said, “This edition of the CLFP Handbook is a complete overhaul of the text, a big leap forward in content and quality. Its expanded subject matter is much more comprehensive and relevant to a wider variety of business models we see in our industry.” 


Lori Frasier, SVP, Strategy and Performance Management - Key Equipment Finance and ELFA Board Member added, “The updated workbook is top-notch, a resource which will add value to any leasing professional.” 


The handbook was authored and produced by Deb Reuben, CLFP; President of Reuben Creative. She works with executives to develop the long-term plan with technology and the processes to go with it

“An intense and complex project, it was an honor to be asked by the CLFP Foundation to write this new edition of the Handbook” said Reuben. “I relished the challenge and opportunity to bring forward-thinking insights and creative ideas to designing a new framework for studying the body of knowledge for this dynamic and multi-faceted industry.

"It was wonderful to collaborate with Reid Raykovich, CLFP, the CLFP Board, and with so many brilliant contributors from all aspects of the industry who carved out time from their busy schedules to provide insights that allowed me to bring multiple lenses to this work.”

* https://www.amazon.com/Certified-Lease-Finance-Professionals-Handbook/dp/171743388X/ref=sr_1_2?ie=UTF8&qid=1527969262&sr=8-2&keywords=CLFP+Handbook     $70.00

https://www.amazon.com/dp/171743388X/ref=cm_sw_su_dp   $70.00

The History of the CLP Handbook
  By Robert Teichman, CLP
http://leasingnews.org/archives/Oct2012/10_10.htm#handbook

 


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Out of the 22 cities, 7 (33%) are in California.  You have places like Stockton, Anaheim, Santa Ana, San Bernardino, San Diego, Sacramento, and Fresno.  The cause of course is affordability.  The vast majority of people are renting because of lifestyle choice and money.

www.doctorhousingbubble.com

 


 

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Mixed Breed (“Fun Dog”)
Columbus, Ohio  Adopt-a-Dog

Leo

ID: 118705
Male
Neutered
Age: 1 year
Weight: 46 lbs.
Location: Ward C (Adoption)
Adoption Amount: $18

Considered a "fun dog"
Register:
http://www.franklincountydogs.com/forms/login/register.cfm
(then log on to system)
http://www.franklincountydogs.com/forms/login/
or email for information:
adoptions@franklincountyohio.gov
Franklin County Dog Shelter & Adoption Center
4340 Tamarack Blvd
Columbus, OH 43229
(614) 525-DOGS (3647)
Hours:
Mon-Fri 11 a.m. - 7 p.m.
Sat & Sun 9 a.m. - 5 p.m.

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

 

[headlines]
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Twelve Attorneys Against Evergreen Abuse


The original intention of the Evergreen clause in an equipment leasing contract was to have an alternative to when the lessee did not exercise the residual at the end of the contract. Often the clause calls for an automatic additional twelve months when the residual is not resolved.

In most cases, the lessor notifies the lessee that the residual will be due, often ninety days in advance. However, often there is nothing in the contract that requires the lessor to notify the lessee regarding the expiration of the contract.

Contrarily, many small ticket lessors do not notify the lessee, and automatically continue the lease, often via an ACH or continued billing, which often goes unnoticed until many payments have already been made.

Leasing News would like to see an industry standard that lessees are notified in advance of the expiration of their contract regarding its termination. We support the clause, and the notification requirement is wide open, meaning 90, 60, even 30 days and by telephone or mail.

This list of attorneys agrees with this and will be available to lessees, sometimes able to help them without a fee, or at a reduced rate, in an effort to end the abuse of Evergreen clause leases.


Joseph G. Bonanno, Esq., CLFP
Attorney at Law, Massachusetts
Andover Landing at Brickstone
300 Brickstone Square, Ste. 201
Andover, MA 01810
Tel: (781)328-1010
Fax: (781) 827-0866
Email: law@jgbesq.com
"Industry expert witness in litigation, numerous authored and
co-authored published articles and conducting educational
seminars. Very well-known in the industry."

Jim Coston
Coston & Coston LLC
105 W. Adams Street
Suite 1400
Chicago, Illinois 60603
(312) 205-1010
jcoston@costonlaw.com
(In 1998, he was elected to the United Association of Equipment
Leasing Board of Directors, and in 2003-04 was the first
attorney to become UAEL President, very active in his political party.)

Ronald J. Eisenberg
Schultz & Associates LLP
640 Cepi Drive, Suite A
Chesterfield, MO 63005
(636) 537-4645 x108
(636) 537-2599 (fax)
www.sl-lawyers.com
(Proven Leasing Litigator, well respected by all sides)

Ronald P. Gossett
Gossett & Gossett, P.A.
400 Seridan Street, Building I
Hollywood, Florida
954-983-2828
Fax: 954-983-2850
rongossett@gossettlaw.com
(Many cases including NorVergence, Brican, among others, a winner)

Ken Greene
Law Offices of Kenneth Charles Greene
5743 Corsa Avenue Suite 208
Westlake Village, California 91362
Tel: 818.575.9095
Fax: 805.435.7464
Skype: 424.235.1658
kenlaw100@gmail.com
(Ken was involved in the formation of Leasing News and
represented it (pro bono) in the early days.)

Peter S. Hemar, Esq.
Hemar & Associates, Attorneys at Law
2001 Wilshire Blvd., Suite 510
Santa Monica, CA 90403
Telephone: (310) 829-1948
Fax: (310) 829-1352
phemar@hemar.com
(My firm supports the clause giving lessees advance 
notice of the expiration of their contract.)

Brandon J. Mark
Attorney at Law, Admitted in Utah and Oregon
Parsons Behle & Latimer
201 South Main Street, Suite 1800
Salt Lake City, UT 84111
Direct Dial 801.536.6958
Facsimile 801.536.6111
www.parsonsbehle.com
BMark@parsonsbehle.com
(His firm represents banks who buy leases, and his
clients refuse to buy these types of leases.)

Barry S. Marks
MARKS & ASSOCIATES, P.C.
Financial Center - Suite 1615
505 North 20th Street
Birmingham, Alabama 35203
P. O. Box 11386
Birmingham, Alabama 35202
barry@leaselawyer.com
www.leaselawyer.com
205.251.8303
fax 278.8905 (Direct) 251.8305 (Main)
(Well-known to the leasing industry, also Alabama Poet)

Tom McCurnin
Barton, Klugman & Oetting
350 South Grand Ste. 2200
Los Angeles, CA 90071
Voice: (213) 617-6129
Fax: (213) 625-1832
Cell: (213) 268-8291
Email: tmccurnin@bkolaw.com
(Leasing News Advisor/Leasing News Legal Editor,
Well-Known top Leasing Litigator)

Frank Peretore
Chiesa Shahinian & Giantomasi
West Orange, New Jersey
http://www.csglaw.com/biographies/frank-peretore 
Phone 973-530-2058
fperetore@csglaw.com
(Experienced leasing attorney, aggressive, author, active
National Equipment Finance Association, ELFA, too)

Kevin E. Trabaris, Partner
Culhane Meadows PLLC
30 S. Wacker Drive, 22nd floor
Chicago, IL  60606
Telephone:  847-840-4687
Email:  ktrabaris@culhanemeadows.com
llflegal.com/attorneys/kevin-trabaris
"In my career, I’ve repeatedly seen this provision misused
by unscrupulous lessors and think it’s a bad idea for both
the lessee and the lessor."

Michael J. Witt, Esq.
MICHAEL J. WITT LAW OFFICES
4342 Oakwood Lane
West Des Moines, IA 50265
Tel: (515) 657-8706
Mobile: (515) 868-1067
Fax: (515) 223-2352
email: MWitt@Witt-Legal.com
 Web:  www.witt-legal.com
(Former Advanta Leasing
and Wells Fargo Equipment Finance attorney)


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News Briefs----

Banks in Louisiana turn away from traditional branches
    as digital shift takes hold
http://www.theadvocate.com/baton_rouge/news/business/article_bb4d6bc8-5f97-11e8-a8d2-ff37829eacba.html

Textile Industry Gains Pole Position in Pollution
  Now Second Worst to Oil Industry, Yale Environment 360
http://www.dfupublications.com/news/sustainability-is-becoming-mainstream-with-new-age-designers

“Change like we’ve not seen in decades”
   —high-end auto designers go electric
https://arstechnica.com/cars/2018/06/change-like-weve-not-seen-in-decades-high-end-auto-designers-go-electric/

 


[headlines]
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You May Have Missed---

 13 cities that are starting to ban cars
http://www.businessinsider.com/cities-going-car-free-ban-2017-8


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whiskey moon

 frank says the full moon
 is for whiskey,
spits tobacco to punctuate
his short sentences,
hours sipping, replaying
his career in slow motion,
oiling the first baseman's mitt,
 then spreading it carefully
 to catch the milky light,
frank says it softens the leather,
I say it embalms the memory.

Tim Peeler, from his book “Touching All the Bases.”
 He has given us permission to reproduce them

These come from a  soft cover 128 pages
with index published by www.mcfarlandpub.com
(They take two weeks to send, but you are helping
  this company stay alive, or you can buy from
 Amazon, for the same price, but perhaps faster
delivery.  While they are all mostly baseball,
some are not.  He is a unique American poet.
He lives in Hickory, North Carolina.


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Sports Briefs---

Warriors used balanced attack to pull away in game 2 victory
https://www.si.com/nba/2018/06/03/warriors-balanced-attack-beat-cavs-nba-finals-game-2-stephen-curry-kevin-durant

Cristiano Ronaldo Reportedly Told Team-Mates
   He Was Leaving Before UCL Final
http://bleacherreport.com/articles/2779102-cristiano-ronaldo-reportedly-told-team-mates-he-was-leaving-before-ucl-final?utm_source=cnn.com&utm_medium=referral&utm_campaign=editorial

LeBron James' Infamous Finals Game 1 Suit
    with Shorts Cost More Than $45,000
http://bleacherreport.com/articles/2779128-lebron-james-infamous-finals-game-1-suit-with-shorts-cost-more-than-45000?utm_source=cnn.com&utm_medium=referral&utm_campaign=editorial


[headlines]
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California Nuts Briefs---

Nearly half of SF Bay Area residents say they want to leave
  Housing is Just too Expensive
https://www.mercurynews.com/2018/06/03/nearly-half-of-bay-area-residents-say-they-want-to-leave/

Los Gatos North 40 site changes hands, project moves forward
https://www.mercurynews.com/2018/06/01/los-gatos-north-40-site-changes-hands-project-moves-foward/

 

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“Gimme that Wine”

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

Washington turned 20,000 tons of Syrah into wine last year
https://www.heraldnet.com/life/washington-turned-20000-tons-of-syrah-into-wine-last-year/

Petaluma wine makers toast successful viticulture region
http://www.sonomanews.com/lifestyle/8384813-181/petaluma-wine-makers-toast-successful?artslide=9

15 years of women in wine at Walla Walla Community College
http://greatnorthwestwine.com/2018/05/29/15-years-of-women-in-wine-at-walla-walla-community-college/


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 History

     1648 - Margaret or Margery Jones, of Charlestown was the first woman in Massachusetts to be executed for being a witch. Massachusetts Gov. John Winthrop's revealing diary indicated she dispensed herbs for healing and therefore was a witch. She was hung while protesting her innocence. Margaret Russell of Lexington, Massachusetts and a member of the Massachusetts’s board wrote: "Margaret (variously Margery) Jones of Charleston, in what was then the Bay Colony, was the first woman (or person) in the new world tried and hanged explicitly for witchcraft, in 1648.”  Winthrop further wrote:  “Her behavior at the trial was very intemperate, lying notoriously, and railing upon the jury and witnesses, etc. and, in like distemper, she died. The same day and hour she was executed there was a very great tempest at Connecticut, which blew down many trees, etc.”
http://en.wikipedia.org/wiki/Margaret_Jones_(Puritan_midwife)
    1738 - Birthday of King George III (d. 1820), the English king against whom the American Revolution was directed, born at London, England. The 1744-1748 period known as King George’s War included most of the European nations in a complicated series of alliances, mainly pitting England, Austria, and Germany against the French and Spanish nations, including a quest for colonial power.
    1754 – During the Seven Years War, Lt. Col. George Washington of the Virginia Militia built Fort Necessity in the Ohio Valley.  It was the colony’s defense against the French who were fortifying their presence there.
    1760 – At the invitation of the governor, New England planters arrived to claim land in Nova Scotia, Canada, taken from the Acadians who were banished by Britain for suspicion of allegiance to France during the French and Indian Wars.
    1811 - During a debate on the proposal to create a state from the Orleans Territory, which entered the Union as Louisiana on April 30, 1812, the first secession idea was mentioned in Congress. The debate concerned the extension of slavery to the proposed state. Representative Josiah Quincy of Massachusetts declared, “It will be the right of all and the duty of some (of the states) definitely to prepare for a separation; amicably, if they can; violently, if they must.” Representative Poindexter of Mississippi called Quincy to order, as did the speaker of the House. On appeal, the speaker’s decision was reversed and Quincy was sustained by a vote of 53 ayes to 56 nays on the point of order. As new states and territories were added, whether they were to be “free” or “slave”, created further division between the North and South congressional and senate representatives, as the issue was basically one of “free labor” and “ownership” of people not considered “citizens” and to many, “human beings.”
    1812 - House of Representatives votes war against Great Britain
79 to 49, three days after President James Madison asked Congress for the declaration. President Madison had grown tired of watching the US's merchant ships and sailors take a beating at the hands of the British.
    1825 - A hurricane struck Long Island, NY, leveling trees and causing damage to ships. The early season hurricane, which originated around Cuba, caused major damage along the Atlantic coast from Charleston, SC to New York City. Many were lost at sea. 
    1825 – General Marie-Joseph Paul Yves Roch Gilbert du Motier, Marquis de Lafayette, the French officer in the Revolutionary War, spoke at what would become Lafayette Square in Buffalo, NY, during his visit to the US.  President James Monroe and Congress invited Lafayette to visit the United States in 1824, in part to celebrate the nation's upcoming 50th anniversary.  On arrival, Lafayette was greeted by a group of Revolutionary War veterans, who had fought alongside him many years before. New York erupted for four continuous days and nights of celebration. When he departed for what he thought would be a restful trip to Boston, he instead found the route lined by cheering citizens, with welcomes organized in every town along the way. According to Unger, "It was a mystical experience they would relate to their heirs through generations to come. Lafayette had materialized from a distant age, the last leader and hero at the nation's defining moment. They knew they and the world would never see his kind again."  The American cities he visited did their best to outdo each other in the celebrations honoring Lafayette. Needing a place to hold a reception for him, Philadelphia renovated the Old State House (today Independence Hall), which might otherwise have been torn down. Until that point, it had not been usual in the United States to build monuments, but Lafayette's visit set off a wave of construction, usually with Lafayette, in his capacity as Mason, laying the cornerstone.
    1830 – American temperance leader Mary Hannah Hunt (d. 1906) was born in Litchfield, CT.  She became one of the most powerful women in the US temperance movement promoting the prohibition of alcohol. As Superintendent of the Women’s Christian Temperance Union’s Department of Scientific Temperance Instruction, she worked from the grass roots to the national level to ensure passage of laws requiring that textbooks teach every school child a curriculum promoting complete abstinence for everyone and alcohol prohibition.
    1849 - The "Panama" arrived in San Francisco Bay. There were already about 200 deserted ships in the harbor because the crews had abandoned them for the gold fields. Dr. Stephen R. Harris arrived on the “Panama." He was later elected to the posts of mayor, controller and coroner. Also on board was Hall McAllister whom Gen. Riley would appoint as attorney for the San Francisco District in Sept. 1849.
    1849 - Eighteen men from the "U.S.S. Ohio" deserted to go to the gold diggings.
    1860 - Iowa's "Comanche Tornado," with wind speeds estimated in excess of 300 mph, was unquestionably one of the worst experienced by early settlers, with nearly a million dollars damage.
    1873 - Birthday of Constance Mary Katherine Applebee (d. 1981), physical educator, born at Chigwall, Essex, England. While taking a summer course at Harvard in 1901, Applebee introduced field hockey to her classmates. Soon thereafter, she taught the game to students at Vassar and began teaching seminars and clinics to spread the game throughout the US. http://www.women.eb.com/women/articles/Applebee_Constance_MK.html
    1862 - President Lincoln, with Secretaries Stanton and Chase on board, proceeded to Hampton Roads on steamer Miami to personally direct the stalled Peninsular Campaign. The following day, Lincoln informed Flag Officer L. M. Goldsborough: "I shall be found either at General Wool's [Fort Monroe] or on board the Miami." The President directed gunboat operations in the James River and the bombardment of Sewell's Point by the blockading squadron in the five days he acted as Commander-in-Chief in the field.
    1876 - A mere 83 hours after leaving New York City, the Transcontinental Express train arrives in San Francisco. That any human being could travel across the entire nation in less than four days was inconceivable to previous generations of Americans. During the early 19th century, when Thomas Jefferson first dreamed of an American nation stretching from "sea to shining sea," it took the president 10 days to travel the 360 km from Monticello to Philadelphia via carriage. Even with frequent changing of horses, the 100-mile journey from New York to Philadelphia demanded two days hard travel in a light stagecoach. At such speeds, the coasts of the continent-wide American nation were months apart. How could such a vast country ever hope to remain united? As early as 1802, Jefferson had some glimmer of an answer. "The introduction of so powerful an agent as steam," he predicted, "[to a carriage on wheels] will make a great change in the situation of man."
    1889 – Birthday of American seismologist and geophysicist, Beno Gutenberg (d. 1960), Darmstadt, Germany.  He was a colleague and mentor of Charles F. Richter at Cal Tech and Richter's collaborator in developing the Richter magnitude scale for measuring an earthquake’s magnitude.
    1892 - The Sierra Club was incorporated in San Francisco.  It was founded on May 28, 1892 by the Scottish-American preservationist John Muir, who became its first president.
    1894 - Famous Quebec singer and songwriter La Bolduc (d. 1941) was born in Newport, Quebec. Her songs, mirroring Quebec life in the 1920's and '30s, had great influence on later French-language singers in the province. In the late '20's, her recordings of "La Cuisiniere" and "La Servante," sold 12,000 copies, a success unequalled in Quebec up to that time.
    1896 - At approximately 1:30 a.m., Henry Ford test-drove his Quadricycle, the first automobile he ever designed or drove. Ford was working at the Edison Illuminating Company in Detroit at the time that he began building the Quadricycle. He had reportedly seen an article on the gasoline engine in American Machinist while in the company of friend and fellow engineer, Charles King.
    1908 - Birthday of Rosalind Russell (d. 1976), Waterbury, CT.  One of the great comedic actors of U.S. stage and screen who also portrayed - just as perfectly - sophisticated career women. She was nominated for four Academy Awards but never won. She did, however, receive the Jean Hersholt Humanitarian Award from the Academy in 1972. She is probably best known because of the late, late showings on TV for her work in “Auntie Mame” (1958) and “Gypsy” (1962) although her earlier role in “The Women” was perhaps her most riveting. Her mother was Clara McKnight, editor of Vogue magazine.
    1911 - Gold is discovered in Alaska's Indian Creek.
    1912 – Massachusetts became the first state to pass a minimum wage law.
    1913 - Robert Runyon photographs Constitutionalist armies as well as the major military figures in Matamoros, part of the Mexican revolution involving raids into the United States.
http://runyon.lib.utexas.edu/conflict.html
    1917 – Birthday of long-time CBS newscaster, commentator, and journalist Charles Collingwood (d. 1985), Three Rivers, MI.  He was an early member of Edward R. Murrow’s group of reporters known as the "Murrow Boys." He was also among the early ranks of television journalists that included Walter Cronkite, Eric Sevareid, and Murrow himself.
    1917 - The First Pulitzer Prizes were awarded: biography, “Julia Ward Howe” by Laura E. Richards and Maude H. Elliott assisted by Florence H. Hall; history, “With Americans of Past and Present Days” by Jean Jules Jusserand, the French ambassador to the US. Herbert Bayard Swope of the New York World won the $500 prize for his stories on the internal situation in the German empire.
    1919 - Birthday of opera singer Robert Merrill born Moishe Miller, (d. 2004), Brooklyn.  Merrill's 1944 operatic debut was in Verdi’s “Aida” in Newark, NJ with the famous tenor Giovanni Martinelli, then in the later stages of his long operatic career. Merrill, who had continued his vocal studies under Samuel Margolis, made his debut at the Metropolitan opera in 1945 in “La Traviata.” Also in 1945, Merrill recorded a 78-rpm record set with Jeanette MacDonald, featuring selections from the operetta, “Up in Central Park;” MacDonald and Merrill did two duets together on this album.  Relatively late in his singing career, Merrill also became known for singing our National Anthem at Yankee Stadium and Giants Stadium. He first sang it to open the 1969 baseball season, and it became a tradition for the Yankees to bring him back each year on Opening Day and special occasions. He sang at various Old Timers' Days (wearing his own pinstriped Yankee uniform with the number "1​1⁄2" on the back) and the emotional pre-game ceremony for Thurman Munson at Yankee Stadium on August 3, 1979, the day after the catcher's death in a plane crash. He also sang at one World Series game in each year the Yankees played the Fall Classic at the stadium, starting in 1976. A recorded Merrill version is still sometimes used at Yankee Stadium, mainly at Old Timer's Day.
    1919 – Congress approved the 19th Amendment to the Constitution, guarantying citizens the right to vote regardless of gender, and sent it to the states for ratification. 
    1927 - A team of American professional golfers beat a team of British professional golfers to win the first Ryder Cup competition, 9 ½ to 2 ½. The Ryder Cup was presented by British businessman Samuel Ryder. The first biennial competition was held at Worcester County Club, MA.
    1928 - Birthday of trumpeter/band leader Maynard Ferguson (d. 2006), Montreal, Canada.
http://maynard.ferguson.net/
    1929 - Birthday of Dr. Ruth Westheimer - U.S. TV's Dr. Ruth, sex expert,
born Wiesenfeld, Germany.
http://www.wic.org/bio/westheim.htm
http://www.ivillage.com/relationships/experts/drruth
    1932 - Birthday of jazz singer and actress Morgana King, born Maria Grazia Morgana Messina, Pleasantville, NY.  Her best-known role was that of Carmela Corleone in “The Godfather” (1972) and “The Godfather, Part II” (1974).  During the 1950s, King headlined clubs, concert halls and hotels, and toured throughout the United States, Europe, Australia and South America.
http://www.artistdirect.com/music/artist/bio/0,,453489,00.html
    1932 - Birthday of arranger/tenor sax player Oliver Nelson (d. 1975), St. Louis, MO. 
http://page.freett.com/basiemusic/oliver-nelson.html
http://www.sierramusic.com/nelson2000.htm
http://www.jazzpages.com/KarlheinzKlueter/klue_nelson.htm
    1934 - Tommy and Jimmy of The Dorsey Brothers recorded "Annie’s Aunt Fanny" on the Brunswick label. The track featured trombonist Glenn Miller, who also sang on the track.
    1934 - The first US aircraft carrier, the Ranger, was placed in service in Norfolk, VA. It was the first such craft wholly designed and built to carry and launch aircraft.  The first captain was Arthur Leroy Bristol.
http://www.navsource.org/archives/02/04.htm
http://www.ussrangercv61.org/
    1934 – FDR asks Congress for $52.5 million in relief funds to battle the social and economic disaster from droughts in the Great Plains.
    1937 - Birthday of vocalist Freddy Fender, born Baldemar G. Huerta, Sr., (d. 2006), San Benito, TX.  He is best known for his 1975 hits "Before the Next Teardrop Falls, " a number one hit on the Billboard Country and Pop charts, selling over a million copies and was awarded a gold disc by the RIAA; his next three singles, "Secret Love," "You’ll Lose a Good Thing," and a remake of "Wasted Days and Wasted Nights," all reached number one on the Billboard Country charts.
http://www.freddyfender.com/
    1939 - During what became known as the "Voyage of the Damned," the SS St. Louis, carrying more than 900 Jewish refugees from Germany, was turned away from the Florida coast. Also denied permission to dock in Cuba, the ship eventually returned to Europe. The passengers were divided among England, France, Belgium and Holland and a number of the refugees later died in Nazi concentration camps. By 2003, efforts to track their fates identified 935 out of the 937 passengers. Some 260 ended up in Nazi killing centers.
    1940 - Duke Ellington Orchestra records “Cotton Tail” and “Don’t Get Around Much Anymore” for Victor.
    1940 - Carson McCullers, 23, publishes “The Heart Is a Lonely Hunter” to great critical acclaim. 
http://www.kirjasto.sci.fi/carsonmc.htm
    1940 - Birthday of Dorothy Rudd Moore, U.S. composer, poet, singer, born in New Castle, Delaware. She graduated magna cum laude from Howard University, where she earned a B.A. in music theory and composition, studying with Mark Fax. She was the recipient of a Lucy Moten Fellowship for study with Nadia Boulanger at the American Conservatory in France in 1963, and continued composition studies with Chou Wen-Chung in New York in 1965. She taught at the Harlem School of the Arts, New York University, and Bronx Community College, and was one of the founders of the Society of Black Composers. Her opera, “Frederick Douglass,” was performed in 1985 by Opera Ebony at the City College of New York. Rudd Moore has received commissions from Meet the Composer, the American Music Center, and the New York State Council on the Arts. “Three Pieces for Violin and Piano” displays a spare and dissonant harmonic language featuring quartal and tritone harmonies.
    1940 – The Allies complete the evacuation of British troops from Dunkirk, France.
    1942 - June 4-6, the Battle of Midway. A Japanese task force attempted to capture Midway Island in the Central Pacific. American bombers from Midway and from two nearby aircraft carriers sent the Japanese into retreat. This is considered by many the turning point of the war not only for morale, but this important victory over the Japanese was militarily significant. Americans repulsed an attempt to seize the island, sinking 17 Japanese ships, including four aircraft carriers, two large cruisers and four destroyers. Japan also lost 250 planes and 4800 men. The U.S. lost over 300 men and two ships, including the carrier Yorktown. Japan never regained its margin in carrier strength and the Central Pacific was made safe for American troops.
    1942 - *FLEMING, RICHARD E., Medal of Honor
Rank and organization: Captain, U.S. Marine Corps Reserve. Born: 2 November 1917, St. Paul, Minn. Appointed from: Minnesota. Citation: For extraordinary heroism and conspicuous intrepidity above and beyond the call of duty as Flight Officer, Marine Scout Bombing Squadron 241, during action against enemy Japanese forces in the battle of Midway on 4 and 5 June 1942. When his Squadron Commander was shot down during the initial attack upon an enemy aircraft carrier, Capt. Fleming led the remainder of the division with such fearless determination that he dove his own plane to the perilously low altitude of 400 feet before releasing his bomb. Although his craft was riddled by 179 hits in the blistering hail of fire that burst upon him from Japanese fighter guns and antiaircraft batteries, he pulled out with only 2 minor wounds inflicted upon himself. On the night of 4 June, when the squadron commander lost his way and became separated from the others, Capt. Fleming brought his own plane in for a safe landing at its base despite hazardous weather conditions and total darkness. The following day, after less than 4 hours' sleep, he led the second division of his squadron in a coordinated glide-bombing and dive-bombing assault upon a Japanese battleship. Undeterred by a fateful approach glide, during which his ship was struck and set afire, he grimly pressed home his attack to an altitude of 500 feet, released his bomb to score a near miss on the stern of his target, and then crashed to the sea in flames. His dauntless perseverance and unyielding devotion to duty were in keeping with the highest traditions of the U.S. Naval Service.
    1942 - The label started the year before by songwriter Johnny Mercer, Liberty Records, is now renamed Capitol, becoming the US' first major West Coast label. New label head Glenn Wallichs did "promotions" for Capitol Records in Hollywood. He theorized that if he sent copies of Capitol’s new records to influential radio announcers around the United States, he might be able to get the stations to play the records. Soon the practice would become common for most record labels.
    1944 - *DAVID, ALBERT LEROY, Medal of Honor
Rank and organization: Lieutenant, Junior Grade, U.S. Navy. Born: 18 July 1902, Maryville, Mo. Accredited to: Missouri. Other Navy award: Navy Cross with gold star. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty while attached to the U.S.S. Pillsbury during the capture of an enemy German submarine off French West Africa, 4 June 1944. Taking a vigorous part in the skillfully coordinated attack on the German U-505 which climaxed a prolonged search by the Task Group, Lt. (then Lt. j.g.) David boldly led a party from the Pillsbury in boarding the hostile submarine as it circled erratically at 5 or 6 knots on the surface. Fully aware that the U-boat might momentarily sink or be blown up by exploding demolition and scuttling charges, he braved the added danger of enemy gunfire to plunge through the conning tower hatch and, with his small party, exerted every effort to keep the ship afloat and to ass1st the succeeding and more fully equipped salvage parties in making the U-505 seaworthy for the long tow across the Atlantic to a U.S. port. By his valiant service during the first successful boarding and capture of an enemy man-o-war on the high seas by the U.S. Navy since 1815, Lt. David contributed materially to the effectiveness of our Battle of the Atlantic and upheld the highest traditions of the U.S. Naval Service.
    1944 – The US Fifth Army began liberating Rome during World War II. The siege began on May 23 with 1,500 Allied artillery pieces commencing bombardment and later, close air support allowed the infantry and armor to move forward.  On June 2, the Caesar Line of Italy collapsed under the mounting pressure, and 14th Army commenced a fighting withdrawal through Rome. On the same day Hitler had ordered that there should be "no defense of Rome." Over the next three days, the rearguards were gradually overwhelmed and Rome was entered overnight of June 4-5.
    1945 - Birthday of Gordon Waller (d. 2009), Braemar, Scotland. Half of the 1960's British folk singing duo of Peter and Gordon, they had a softer sound than most of the British groups of the period. They first hit the North American charts in 1964 with "World Without Love," written by Paul McCartney.
    1945 - Michelle Phillips was born Holly Michelle Gilliam in Long Beach, CA.  She met and married John Phillips in San Francisco as a teenager and went on to co-found the vocal group, The Mamas and the Papas, in 1965. The band rose to fame with their popular singles "Monday, Monday," “California Dreamin’,“and "Creeque Alley," both of which she co-wrote. They released five studio albums before their dissolution in 1970. Phillips is the last surviving member of the group.  She later acted in the TV show, “Knots Landing.''
    1946 - Mississippi Valley State University was founded as Mississippi Vocational College by the state legislature and is designated as an historically black college.  Perhaps its most famous alumnus is NFL Hall of Famer, greatest receiver, and in an ESPN poll, the NFL’s Greatest Ever, former 49er, Jerry Rice.
http://www.mvsu.edu
    1953 - An atomic bomb test explosion took place at Yucca Flats, Nevada, equivalent to 50,000 tons of TNT. This was double the 1945 blast over Hiroshima.
    1953 - BARKER, CHARLES H., Medal of Honor
Rank and organization: Private First Class (then Pvt.), U.S. Army, Company K, 17th Infantry Regiment, 7th Infantry Division. Place and date: Near Sokkogae, Korea, 4 June 1953. Entered service at: Pickens County, S.C. Born: 12 April 1935, Pickens County, S.C. G.O. No.: 37, 7 June 1955. Citation: Pfc. Barker, a member of Company K, distinguished himself by conspicuous gallantry and indomitable courage above and beyond the call of duty in action against the enemy. While participating in a combat patrol engaged in screening an approach to "Pork-Chop Outpost," Pfc. Barker and his companions surprised and engaged an enemy group digging emplacements on the slope. Totally unprepared, the hostile troops sought cover. After ordering Pfc. Barker and a comrade to lay down a base of fire, the patrol leader maneuvered the remainder of the platoon to a vantage point on higher ground. Pfc. Barker moved to an open area firing his rifle and hurling grenades on the hostile positions. As enemy action increased in volume and intensity, mortar bursts fell on friendly positions, ammunition was in critical supply, and the platoon was ordered to withdraw into a perimeter defense preparatory to moving back to the outpost. Voluntarily electing to cover the retrograde movement, he gallantly maintained a defense and was last seen in close hand-to-hand combat with the enemy. Pfc. Barker's unflinching courage, consummate devotion to duty, and supreme sacrifice enabled the patrol to complete the mission and affect an orderly withdrawal to friendly lines, reflecting lasting glory upon himself and upholding the highest traditions of the military service. 
    1954 - French and Vietnamese officials signed treaties in Paris according independence to Vietnam.
    1955 - Top Hits
“Cherry Pink and Apple Blossom White” - Perez Prado
“A Blossom Fell” - Nat King Cole
“Rock Around the Clock” - Bill Haley & His Comets
“In the Jailhouse Now” - Webb Pierce
    1956 - Elvis Presley makes a second appearance on “The Milton Berle Show.” He's presented with two Billboard Triple Crown awards for "Heartbreak Hotel." It was number one on the pop, R&B and Country & Western charts.
    1958 - No. 1 Billboard Pop Hit: “The Purple People Eater,'' Sheb Wooley. Wooley played Peter Nolan on the TV series, “Rawhide.'' He also recorded comic recordings under the name Ben Colder and wrote the “Hee Haw'' theme song.
    1962 - William Faulkner's last novel, “The Reivers,” is published.
http://www.mcsr.olemiss.edu/~egjbp/faulkner/faulkner.html
    1967 - "The Monkees" TV show won an Emmy award for outstanding comedy series.
    1963 - The Searchers released their debut single. It was a cover of the Drifters' hit, "Sweets for My Sweet."
    1963 - Top Hits
“It’s My Party” - Lesley Gore
“I Love You Because” - Al Martino
“Da Doo Ron Ron” - The Crystals
“Lonesome 7-7203” - Hawkshaw Hawkins
    1964 - Sandy Koufax of the Los Angeles Dodgers tied Bob Feller’s 1951 record by pitching a third career no-hit baseball game. The Dodgers won 3-0 against the Philadelphia Phillies, 3-0, striking out twelve.  Koufax ended his Hall of Fame career with four no-hitters that included a perfect game in 1965 against the Cubs, whose pitcher Bob Hundley tossed a one-hitter.
    1964 - The Beatles begin their first world tour, playing the K.B. Hallen Gardens in Copenhagen, Denmark. Session drummer Jimmy Nicol, wearing Ringo's suit, sits in for the ailing drummer for this and the next five dates.
    1964 - The Beatles finish filming on their first movie, “A Hard Day's Night.”
    1966 - Janis Joplin arrives in San Francisco, having been invited there by Big Brother and the Holding Company in order to become their new lead singer.
    1967 - Bill Cosby, first black in a major television role, receives an Emmy Award for “I Spy.”
http://www.videoflicks.com/Contrib/1003/1003372.htm
    1968 - San Francisco voters defeated a $5.7 million measure to acquire the Cliff House and Sutro Baths for a park. Ballot counting came to a standstill at City Hall when the assassination of Robert F. Kennedy at the Ambassador Hotel in Los Angeles was broadcast live on television.  Kennedy has just won the California Presidential Primary when he was hot by Palestinian Sirhan Sirhan, from whom the crowd wrestled a smoking .22 pistol.
    1970 - Carlos Santana records "Black Magic Woman," reaching No. 4 in the US and Canadian charts. 
    1971 - Top Hits
“Brown Sugar” - The Rolling Stones
“Want Ads” - The Honey Cone
“It Don’t Come Easy” - Ringo Starr
“I Won’t Mention It Again” - Ray Price
    1972 - Angela Davis, black activist and professor, was found not guilty by an all-white jury of murder, kidnapping and conspiracy charges resulting from the August 7, 1970, fatal shooting of Judge Harold Haley in Marin County during an attempted escape and kidnapping. While Davis was not present at the crime, the murder weapon had been purchased by her and she knew the perpetrators, and had visited them often in jail. Based upon these facts, she was arrested and charged. During her trial, she told the court she bought guns to protect herself, “For a black person growing up in violence-filled Alabama,” she said, “guns were a normal way of life.” As a newsman, I interviewed her many times. The prosecutors could not prove that she planned or participated in the killing. She was very articulate and convincing, and all law enforcement knew she was involved, but could not prove it.
http://webpages.marshall.edu/~lockhart1/angeladavis.html     
    1972 - Pink Floyd begin to record their next album, tentatively titled “Eclipse,” at Abbey Road Studios in London. It would eventually be released as “Dark Side of the Moon.”
    1974 - The game between the Texas Rangers and the Indians at Cleveland’s Municipal Stadium was forfeited to Texas when the Indians tied the score, 5-5, in the bottom of the ninth inning. Umpire Nestor Chylak awarded the game to Texas when carousing fans, enlivened by an evening of ten cent beers, got out of hand. An estimated 60,000 cups of brew is sold to a crowd of 25,134.
    1975 - Birthday of actress Angelina Jolie, born Los Angeles, California.
    1976 – In a game that many consider the NBA’s greatest, the Boston Celtics defeated the Phoenix Suns, 128-126, in game 5 of the NBA finals…in triple OT.
    1977 - Supertramp's "Give A Little Bit" is released.
    1979 - Top Hits
“Hot Stuff” - Donna Summer
“Love You Inside Out” - Bee Gees
“We are Family” - Sister Sledge
“If I Said You Had a Beautiful Body Would You Hold It Against Me” - Bellamy Brothers
    1980 - The first Jewish woman to graduate from West Point was Cadet Donna Maller of Cockeysville, MD, one of 13 Jewish cadets who were graduated and commissioned on June 4, 1980, in a class of 831 men and 63 women. 
    1982 - A four-day storm began over New England which produced up to 14 inches of rain in southern Connecticut, breaching twenty-three dams and breaking two others. Damage was estimated at more than $276 million.
    1983 - Mike Ashman of the Albany-Colonie Athletics, a minor league team, became the first player in professional baseball history to play all 10 positions in a ball game. Ashman pitched, caught, played all infield and outfield positions and served as the team’s designated hitter.
    1983 - Stevie Nicks releases "Stand Back."
    1984 - Bruce Springsteen releases his "Born in The U.S.A." LP. The album tops the chart for 7 weeks and spawns 7 top-10 singles.  “Born in the U.S.A.” became his most commercially successful album and one of the highest-selling records ever, having sold 30 million copies by 2012. It has also been cited by critics as one of the greatest albums of all time. The album received a nomination for Album of the Year at the 1985 Grammy Awards.  In 2003, Rolling Stone ranked it number 85 on their list of the 500 greatest albums of all time.
    1985 – The US Supreme Court upheld a lower court ruler striking down an Alabama law providing for a daily minute of silence in public schools.
    1986 - The first of six Amnesty International shows was held in San Francisco. A crowd of 14,000 turned out to hear Bryan Adams, Sting, U2 and Peter Gabriel.
    1986 – Former Navy intelligence analyst Jonathan Pollard pleaded guilty to spying for Israel.  It has been estimated that Pollard sold enough classified documents to fill a medium-sized room.
    1987 - The longest winning streak in track and field history came to an end as Danny Harris defeated Edwin Moses in the 400-meter hurdles at a meet in Madrid. Moses, who had won 122 races in a row dating back to August 26, 1977, finished 0.13 seconds behind.
    1987 - Top Hits
“With or Without You” - U2
“You Keep Me Hangin’ On” - Kim Wilde
“Always” - Atlantic Starr
“It Takes a Little Rain (To Make Love Grow)” - The Oak Ridge Boys
    1988 - A dozen cities in the eastern U.S. reported record low temperatures for the date, including Atlantic City, NJ with a reading of 40 degrees. Fifteen cities in the north central U.S. reported record high temperatures for the date, including Glasgow, MT and Havre, MT with readings of 102 degrees.
    1992 - The "young Elvis" stamp beats out the bloated "Vegas Elvis" stamp in a contest conducted by the U.S. Postal Service. More than a million votes are tallied
    1996 - Pamela Davis, a 21-year-old right-hander, pitched one inning of scoreless relief for the Jacksonville Suns and got credit for the win in an exhibition game against the Australian Olympic team. The Suns, a Class AA affiliate of the Detroit Tigers, thus became the first minor league team, under the current structure of minor league baseball. to employ a female player to its roster.
    1996 - A show by Metallica in the parking lot of Tower Records right here in San Jose, California drew 10,000 fans. The resulting traffic jam and overworked police officers left the record store, the promoter and the band's record company facing charges of disturbing the peace, obstructing traffic and failure to get a permit.
    1998 - By selling out all four-million shares of common stock sold at $15 each, the Cleveland Indians raised $60 million, making the Indians the first publicly traded Major League team.
    1998 - Ray Charles celebrates his 50th year in the music industry by performing with an all-star reunion band at the 15th annual Chicago Blues Festival in Grant Park. He is joined by David "Fathead" Newman, Hank Crawford, and Leroy "Hog" Cooper on saxes and Philip Guilbeau on trumpet. Mabel John, a former Raelett performs guest vocals.
    2001 - After falling behind 3-0, Little League pitcher Robert Knight strikes out the final batter to complete a perfect game in which all 18 batters are struck out. The 5-foot-3 twelve-year old also had three hits as the Tigers beat the Giants, 7-0.
    2003 - Although his bat may have contained cork in yesterday's game, all five of Sammy Sosa's historic bats housed at the Hall of Fame and the 76 of confiscated from his locker by Major League Baseball revealed no signs of tampering. X-rays and CT scans were used to clear cleared Cubs' slugger remaining lumber.
    2004 - Both Barry Bonds (675) and Rafael Palmeiro (536 and 537, passing Mickey Mantle), both homer, marking only the third time in baseball history that two players with more than 500 home runs go deep in the same game. Willie Mays and Ernie Banks (1970) and Mays again with Hank Aaron were the first pairs to accomplish the feat (1971).
    2009 – President Barack Obama addressed Muslims of the world in a speech in Cairo, stating that America has a common cause with Islam and never will be at war with the faith.
    2009 – Pitching for the Giants, lefty Randy Johnson hurled his 300th win in the Majors.  He allowed two hits and one run in six innings to become the first pitcher since Tom Seaver in 1985 to join the 300 win club on his first try and the second-oldest, after Phil Niekro.  Many think he may be the last to do so given innings and pitch count limits.

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- Will Your Company be the Next Victim?
    A Disturbing New Trend in Fraud
- Top Nine Leasing Company Websites in North America
- GoCapital Files Chapter 11
- California Federal Court Approves Northern Leasing
     Class Action Settlement for $5 Million
- No Surprise, Bank of the Ozarks Closing Leasing Division
- Used Equipment Takes Major Advance in 2018 Tax Laws
- GoFundMe for John McManigal Exceeds $100,000
- Direct Capital Chairman Wants Back in Leasing?
- Deborah Monosson Leasing Person of the Year 2017
- Airplane Travel Card Deadline Extended
- Section 179 Increases to $1 Million Retroactive to 9/27/2017
  Bonus Depreciation Extended through 2027
- Chairman and CEO LEAF Commercial Capital
   House up for Sale in Pennsylvania
- $50 Million Ponzi Scheme in San Jose, California
- Who Works the Most Hours Every Year?
- Deborah Monosson Leasing Person of the Year 2017
- Airplane Travel Card Deadline Extended
- Section 179 Increases to $1 Million Retroactive to 9/27/2017
   Bonus Depreciation Extended through 2027
- Lesley Farmer, KLC Finance, A Top Woman in Finance
    Selected by Finance & Commerce
- Dyer and Pelose Come Out of Retirement
- Are you an Equipment Leasing’s version of Blockbuster Video?
- Leasing News Complaints Bulletin Board BBB Ratings
- Tips for Obtaining Financing - Despite Challenged Credit
- Four Types of Interim Rent
- Is Competition Dying in the Canadian Equipment Finance Market
- Hours to Pay Monthly Mortgage in United States
- LEAF CFO Has Left the Building
- More Changes at Bank of the West
- 10 year Chief Sales Officer Leaves Marlin with over $750,000
- The Complaint Process for Leasing and Finance Associations
- Top Nine Leasing Company Websites in North America
- Ascentium Capital Class Action Suit Settled?
- Don't Fear the Unsubscribe
- Pine River to Shut $1 Billion Flagship Hedge Fund
- Alleged $11.5 Million Lease Fraud in Canada
- What's Ahead for Fleet Lessors?
- State Licensing and Usury Laws:
   An Updated Overview of a Few Troublesome States
- Shopko-Balboa Capital Summary Judgement Denied
- LEAF "All-Cash Acquisition"
- Violating California Lender’s License Law?
   This May Prevent You from Being Licensed in the Future
- New Jersey Appeals Court Vacates $1.5 Million
  Attorneys’ Fees Award in Equipment Leasing Dispute
- National Do Not Call Registrys
- Solar Financing Firms
   Working with Third Party Originators
- Referral, Recommendations, Questions, Complaints
- Filing a Complaint Against a Finance or Leasing Company
   in the State of California
- Credit Bureaus Erasing Negative Info
- It's Not the United States with Highest Income Tax
- California Department of Business Oversight Confirms
that Brokers Need Licenses and Lessors Can’t Pay Unlicensed Brokers
- Signs of a Chill in Fintech Funding?
- FinTech #102  by Christopher Menkin
   Menkin has an Epiphany
- Alternate Finance Companies - Subprime
- FICO Score: Excellent to Bad
- Charlie Chan on Balboa Capital
- Reader Complaint About LEAF Financial Investment (Collection)
- How to be a “Leasing Expert Witness”
    and Make Extra Income
- Your Photograph on LinkedIn.com
Use a Password Generator
- Banks Turn Toward Leasing for More Profit
- Why Leasing News is Different
- Take Your Banker to Lunch
- Lease Police Tips on Judging Vendors
- Alert: Rudy Trebels Back Soliciting Broker Business
- "The real U.S. Bank Equipment Finance story"
- The Day that Albert Einstein Feared May Have Finally Arrived
- Equipment Finance Agreements Explained/Barry S. Marks
- California License Web Addresses
- Settlement Costs vs. Litigation Costs