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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
   


Wednesday, June 6, 2018



Today's Equipment Leasing Headlines

Sudhir Amembal in China
  Meeting Up with Old Friends
Purchase, Renewal, Return ("PRR") Clauses
    By Christopher Menkin
New Hires/Promotions in the Leasing Business
   and Related Industries
Leasing Industry Ads---Help Wanted
   Positions Available
A Broker’s Guide
  3 Tips on Making the Most of Your Pay-Per-Click
The One Who Survives - Placard
  By Charles Darwin
Channel Partners---May's Last 20 Deals
  Business Type/FICO/TIB/Annual Rev./Funding Amt./Term
Alternate Finance Bar Association
  Second Annual Conference Friday, June 8th
Electric Car Sales Are Surging In China - Chart
  By Niall McCarthy, statistica.com
Solo: A Star Wars Story/The Day After
The Commuter/Paddington 2/Midnight Cowboy

  Film/Digital Reviews by Leasing News' Fernando Croce
Small Dog
  Indianapolis, Indiana Adopt a Dog
deBanked Connect: San Diego, California
   Thursday, October 4, 2018
News Briefs---
Wells Fargo to sell 52 bank branches to Flagstar Bancorp
   in Indiana, Michigan, Ohio, Wisconsin
Tax cut fuels record $200 billion stock buyback bonanza
  Apple made up nearly half that total
CEO Confidence Drops on Trade Policy Uncertainty
 causing chief executives to question hiring and spending plans
$1.5B Denver airport expansion underway
  39 new gates will increase gate capacity by 30%
Construction employment up in more than 250 metros
  yet to hit pre-recession highs
Exclusive: Ant Financial shifts focus from finance
   to tech services: sources
Mexico Hits U.S. With Tariffs,
  Escalating Global Trade Tensions

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 

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 Poem
  Sports Brief----
   California Nuts Brief---
   "Gimme that Wine"
     This Day in History
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       Daily Puzzle
        GasBuddy
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          Traffic Live----

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[headlines]

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

 

Sudhir Amembal in China
Meeting Up with Old Friends

On the right, Sudhir Amembal, Chairman and CEO of Amembal & Halladay, "enjoying meeting up with an old friend at our 40th Anniversary Celebration Conference in Beijing.”

Amembal & Halladay is the world’s most highly respected training and consulting firm in the field of equipment leasing. The firm has trained over 80,000 leasing professionals throughout the world. Mr. Amembal has conducted technical presentations on leasing in over 80 countries.

He has authored or co-authored 16 books on leasing, including: “Winning With Leasing,” “Operating Leases: The Complete Guide,” “International Leasing: The Complete Guide,”  “The Handbook of Equipment Leasing,”  “Lease Securitization, A Guide to Accounting for Leases,” and “A Guide to Captive Finance Company Equipment Leasing.”

He has appeared as a keynote speaker at numerous domestic and international conferences. He has addressed conventions held by all four of the global regional associations – African Leasing Association, Asialease, Leaseurope, and the Latin American Leasing Association. He chaired each of the annual World Leasing Conventions from 1993 until its discontinuance in 2013. Currently, he is the co-organizer and chair of the annual China Leasing Forum.

In 2016, Mr. Amembal was inducted into the Equipment Finance Hall of Fame by the Equipment Leasing and Finance Association (ELFA), U.S.A. The honor is bestowed on those who have made unique, significant and lasting contributions to the equipment finance industry. Mr. Amembal is the first non-lessor to have received this award since the Hall of Fame’s inception.

http://amembalandhalladay.com/about/

 



[headlines]
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Purchase, Renewal, Return ("PRR") Clauses
by Christopher Menkin

"PRR" clauses are in the category of "Evergreen Clauses" and "Wintergreen Clauses," where the lessee must notify the lessor of its intention, often 90 days in advance, regarding its intent toward the residual. Its abuse, when the lessee fails in notify the lessor, has resulted continuing automatic payments, ACH, until the lessee realizes what is happening.  Worse is the Purchase, Renewal, Return clause ("PPR"). It basically is an automatic 12-month extension of the lease contract when there is not resolution or 90- day notification. The wording makes it a merry-go-round.  In the case of Republic Bank, Bountiful, Utah, before they started winding down, they would not only discount the stream of payments but the 12 month "PPR" to the lessor.  One of their favorites was Mazuma Capital, Draper, Utah, that “merged” with Onset Financial, South Jordan, Utah, January, 2014 (1).

In the "Evergreen Section,”  Leasing News identifies Marquette Equipment Finance, Midvale, Utah; Mazuma Capital Corp, Draper, Utah; Onset Financial, South Jordan, Utah; Pacific Western Equipment Finance, Cottonwood Heights, Utah;, Tetra Finance Group, Salt Lake City, Utah 9 (2).  The evidence is from court cases as well as current leasing contracts that contain the provision.

A typical example comes from a court case involving Onset Financial:
“(Section 20:
n. Lessee's Options at Maturity of Base Period. At the maturity of the Base Period of any Lease, Lessee shall, provided at least one hundred fifty (150) days prior written notice is received by Lessor from Lessee via certified mail, do one of the following: (1) purchase the Property for a price to be determined by Lessor and Lessee, (2) renew the Lease for twelve (12) additional months at the rate specified on the respective Schedule, or (3) terminate the Schedule and return the Properly to Lessor at Lessee's expense to a destination within the continental United States specified by Lessor; provided, however, that for option (3) to apply, all accrued but unpaid late charges, interest, taxes, penalties, and any and all other sums due and owing under the Schedule must first be paid in full, the provisions of Sections 8f, 8g and 7d hereof must be specifically complied with, and Lessee must enter into a new Schedule with Lessor to lease Property which replaces the Property listed on the old Schedule. With respect to options (1) and (3), each party shall have the right in its absolute and sole discretion to accept or reject any terms of purchase or of any new Schedule, as applicable. In the event Lessor and Lessee have not agreed to either option (1) or (3) by the maturity of the Base Period, or if Lessee fails to give written notice of its option via certified mail at least one hundred fifty (150) days prior to the maturity of the Base Period, or if an Event of Default has occurred under any Lease, then option (2) shall apply at the maturity of the Base Period. At the maturity of the renewal period provided for in option (2) above, the Lease shall continue in effect at the rate specified in the respective Schedule for successive periods of six (6) months, each subject to termination at the maturity of any such successive six-month renewal period by either Lessor or Lessee giving to the other party at best thirty (30) days prior written notice of termination." (3)

  1. Mazuma-Onset Mergerhttp://leasingnews.org/archives/Jan2014/1_13.htm#merge
  2. Evergreen Clauses
    http://www.leasingnews.org/Pages/lease_expiration_evergreen.html
  3. Onset Contract
    http://leasingnews.org/PDF/OnsetContract.pdf 

 


[headlines]
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New Hires/Promotions in the Leasing Business
and Related Industries

 


Jason Alves was hired as Vice President, Private Equity, Liberty Commercial Finance, LLC., Irvine, California. He began his career at Blue Street Capital, January 2011, as Account Executive; promoted September, 2013, Vendor Program Manager, Senior Account Executive. https://www.linkedin.com/in/jasonalves1/


Kelly Cameron was hired as Program Manager, Balboa Capital, Costa Mesa, California.  She is based in the Columbus, Ohio area. She began her career in August, 1996 as Regional Sales Representative, General Electric Capital Corporation; promoted, February, 2005, Regional Sales Representative/Team Leader; promoted Systems Specialist, January, 2010. Education: Washington High School (1984 - 1998). https://www.linkedin.com/in/kellycameron/


Jonathan Chakov, Direct Lender at ISO Relations at Small business Capital, Greater New York Area.  Education: Turo.  Associate's Degree, Business Management, Marketing, and Related Support Services (2014 - 2016).
https://www.linkedin.com/in/jonathan-chakov-a7a45615b/


Joseph Dyer, CPA, CTP, was hired as Vice President, Capital Markets and Planning, Neumann Finance, Moorestown, New Jersey.  He previously was Contract Advisor, GLG (Gerson Lehrman Group) (May, 2016 - December, 2017); Contract Consultant, Guidepoint (April, 2016 - December, 2017); Vice President of Treasure & FP&A, Marlin Leasing Corporation (June, 1998 - January, 2017); Treasurer, Marlin Business Bank (March, 2008 - December, 2015); Director of Financial Planning and Analysis, Advanta Leasing Corp. (January, 1995 - June, 1998).  Community Service, Volunteer, Food Bank of South Jersey. Education: Millersville University of Pennsylvania, Bachelor's Degree, Accounting and Finance (1977 - 1981). https://www.linkedin.com/in/dyerjoseph/


Joseph Gaworecki, hired as Quality Control Case Manager, has returned to, OnDeck, New York City, as Quality Control Manager. He is based in Denver, Colorado.  Previously, he was CAT Tracker Coordinator Analyst, OST, Inc. (July, 2017 - March, 2018).  He first started March, 2014, as Credit Analyst; promoted May, 2015, Due Diligence/Syndication Specialist; promoted March, 2016, Quality Assurance Specialist; October, 2015, promoted Capital Market Analyst. He began his career January, 2006, as Branch Manager 1, Wells Fargo; promoted December, 2011, Branch Manager II. Education: Texas State University. Master of Business Administration (M.B.A.). Business Administration and Management, General (2005 - 2007).  Texas State University, Bachelor of Business Administration (B.B.A.), Management, 3.96/4.00 (2001- 2005).  Activities and Societies: Member of Beta Gamma Sigma, Alpha Chi, Golden Key, Second all Mid-American Conference (MAC), Soccer/academic scholarship during Undergraduate program.  2001 -2003 Overall GPA 3.67 with business core average of 3.96. Associated Student Government Scholarship. 2003 through 2005. Member of Dean's list for five consecutive semesters. Graduated summa-cum-laude. https://www.linkedin.com/in/jgaworecki/


Tyler Leitow, Esq., was promoted to Senior Negotiator, Assistant Vice President, Crestmark Bank, Troy, Michigan.  He joined the firm December, 2016 as Contract Negotiator and In-House Counsel. He continues as Adjunct Instructor, Business Law, Washtenaw Community College (2016 - Present). His previous employment was as Credit Analyst, UniFi Equipment Finance, formerly Ervin Equipment Finance, starting October, 2013; promoted December, 2014, Program Manager and In-House Counsel. Prior, he was Commercial Document Specialist, Bank of Ann Arbor (August, 2012 - November, 2013); Associate, Kane and Co. PLC (December, 2011 - August, 2012); Judicial Clerkship, United States District Court for the Western District of Michigan (January, 2011 - May, 2001); Director of Legal Research, ACLU (August, 2010 - May, 2011); Student Magistrate, Thomas M. Cooley Law School (January, 2011 - March, 2011); Public Law Sector Extern, Thomas M. Cooley Law School (August, 2010 - December, 2010); Mentor and Tutor, Kentwood Public Schools (Auguste, 2010 - December, 2010); Legal Services Volunteer, Cooley Volunteer Corp (September, 2008 - December, 2010); Tutor, Central Michigan University (May, 2007 - December, 2007); Criminal Justice Intern, Michigan Department of Corrections (April, 2007 - August, 2007). Community Service: Volunteer: Treasurer, Historic Planning Commission, City of Farmington, Michigan (January, 2018 - Present).  Board Member, The Family Learning Institute (October, 2016 - Present).  Tax Assistance Volunteer, United Way of Washtenaw County ( February, 2013 - April, 2014). Education: Thomas M. Cooley Law School.  J.D., Law, Cum Laude (2008 -2011). Activities and Societies: Law Review, Director of Legal Research; ACLU - Thomas Cooley Law School, Grand Rapids Chapter. Sports and Entertainment Law Society. Student Magistrate. Central Michigan University, B.S., Psychology and Criminal Justice, B.S. (double major.) Cum Laude (2005 - 2008). Activities and Societies: Psi Chi; National Psychology Honors Society, Intramural Softball, Intramural Basketball, Intramural Flag Football.  Washtenaw Community College. Associate of Science (A.S.), Cum Laude, Accounting. Washtenaw Community College. Associate of Science (A.S.) Cum Laude, Accounting Washtenaw Community College, Certificate Business Management (2014 - 2016).  Amberton University. Master of Business Administration (M.B.A.), Business Administration and Management, General (2016 - 2018)
https://www.linkedin.com/in/tyler-leitow-esq-96648923/


Kayla Perlinger, CLFP, was hired as Syndication Manager, Oakmont Capital Services, LLC., St. Cloud, Minnesota. Previously, she was at Stearns Bank, starting October, 2001 as Senior Credit Analyst; promoted October, 2014, Senior Syndication Analyst/Lead Credit Analyst; promoted December, 2017, Broker Relations Supervisor/Sales Analyst. Prior, she was Marketing Analyst, CM Group Holdings, Inc. aka Creative Memories (June, 2011 - October, 2011); Digital Creation and Distribution, CM Group Holdings, Inc. aka Creative Memories (September, 2007 - October, 2001).
https://www.linkedin.com/in/kayla-p-3a141533/

 



[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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A Broker’s Guide
3 Tips on Making the Most of Your Pay-Per-Click

FinTech #102 by Alex Vasilakos

You’ve narrowed down your product focus and your PPC campaigns are about to kick off. Is there anything that you can do to help stand-out amid the competition? Yes! If you would like to maximize your Pay-Per-Click campaigns and significantly increase your ROI, we recommend following these 3 tips on making the most of your PPC results, for brokers.

PPC Tip 1: Become BBB Accredited

A great way to build consumer trust and to gain a competitive edge among others in your industry is by becoming BBB certified. With more than 90% of consumers recognizing the BBB logo and what it stands for, it’s a solid stepping-stone in building trust, which is particularly important in the arena of financial lending. Let businesses know that you are a trustworthy source, equipped with the tools needed to achieve quality financial lending that are customized for their unique needs.

How do you become BBB accredited? There are criteria for BBB accreditation, for example: being in business for at least 6 months and having the required bonding and licenses in your jurisdictions. Once BBB accredited, we can add this valuable information to your ad campaigns and landing pages. Subsequently, this will increase both quality and quantity of conversions. This means more satisfied customers for you and higher ROI.

PPC Tip 2: Collect Google Reviews

You’ve been there with your lead from start to finish. You’ve provided excellent service and have done your due-diligence in ensuring they’re getting the best terms and coverage for their unique needs. Your lead is very satisfied with your service and can’t thank you enough for connecting them with optimal financing solutions. Do you smile, pat yourself on the back and go on your merry way? Hopefully you are saying “No. This would be a great opportunity to collect a review that I can showcase.” And it is.

Simply provide a handout with instructions on how to write a Google review. In addition, we can showcase this review in your landing pages and website; Just be sure to ask for permission to post their review along with their name & company.

According to Myles Anderson, 88% of consumers trust online reviews as much as personal recommendations, with 72% of consumers saying that positive reviews make them trust a local business more. This means that the more positive reviews you can gather, the more credibility your business will gain; Thus, the more quality conversions for you.

PPC 3: Become the Financial Lending Guru

Lastly, in order to best service your PPC leads, it’s important to become familiar with product knowledge in addition to important information & content in your landing pages. You are their trustworthy source of funding. They will need this reassurance to efficiently receive the funding they need from you. It is not enough to answer the phone or to respond to an Email lead with a generic response. You will need to become knowledgeable, informative, inquisitive and the financial leasing or lending guru.

Alex Vasilakos
Director of Marketing
The Finance Marketing Group
Alex@financemarketing.com 
Office: 518-591-4645x102 / Fax: 518-677-1071
90 State Street, Suite 1500, Albany, NY 12207
Currently, Alex works exclusively with financial services companies but his depth of knowledge and experience can help design and implement long-reaching strategies for businesses across all industries.

Previous Financial Technology Articles
http://www.leasingnews.org/Conscious-Top%20Stories/fintech.html

 

 


[headlines]
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The One Who Survives - Placard
  By Charles Darwin

 

[headlines]
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[headlines]
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[headlines]
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2017 was another record year for electric car sales with over one million of them sold across the world. The total number of electric vehicles (EVs) on roads surpassed three million last year, a 50 percent expansion on 2016. 720,000 of them are driving in the United States, while there 820,000 are in circulation in Europe. EV technology has also gotten big in China and it boasts the largest fleet of electric cars, with 1.23 million in total.

A report from the International Energy Agency provided an overview of the global EV market in 2017. China had the highest sales of battery electric (BEV) and plug-in hybrid (PHEV) vehicles of any nation by a considerable distance with 579,000 sold in total. They have a 2.2 percent market share which is more than EVs can boast in the U.S. where they only have a 1.2 percent of slice of the automobile market.

U.S. drivers bought 198,350 EVs last year while in France, 118,770 were sold. Norway has a famous love affair with the electric car, boosting its market with generous incentives and exceptional infrastructure. In 2017, sales were still strong with 62,260 EVs sold and a market share of 39 percent. The technology is still struggling for traction on developing countries where infrastructure and road quality still have a long way to go. Last year, only 2,000 EVs were sold in India while in Brazil, sales only amounted to a very disappointing 300 vehicles.

 By Niall McCarthy, statistica.com

https://www.statista.com/chart/14098/electric-car-sales-are-surging-in-china/

 

 

[headlines]
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Fernando's View
By Fernando F. Croce

Breezy action (“Solo: A Star Wars Story”) and melancholy drama (“The Day After”) offer contrasting rhythms at the box-office, while DVD releases include an exciting thriller (“The Commuter”), a charming sequel (“Paddington 2”), and a grungy classic (“Midnight Cowboy”).

In theaters:

Solo: A Star Wars Story (Walt Disney Studios): Divering from the new “Star Wars” installments by flashing back to the origin of one of the series’ beloved characters, the new entry in the blockbuster series gives fans a peek into the early life of space adventurer Han Solo. Played by Alden Ehrenreich, young Solo enters by losing his girlfriend Qi’ra (Emilia Clarke) and joining the Imperial Navy. When they meet again years later, he’s become part of a gang of smugglers and she’s become involved with a merciless crime boss. Facing a dangerous new mission, Solo makes the acquaintance of some notable characters, including suave smuggler Lando Cairissian (Donald Glover) and a towering Wookie named Chewbacca. Directed by veteran Oscar-winner Ron Howard (“A Beautiful Mind”), this cosmic swashbuckler breezily expands “Star Wars” iconography.

The Day After (The Cinema Guild): In his second film this year after “Claire’s Camera,” Korean wunderkind Hong Sang-soo offers another slice of elegant irony with this seriocomic romance. The protagonist is Seoul publisher Bongwan (Kwon Hae-hyo), who’s been struggling with depression since the assistant he was having an affair with (Kim Sae-byuk) left. His new secretary, Areum (Kim Min-hee), is a serious and intelligent young woman who, on her first day on the job, is mistaken for Bongwan’s mistress by his wife (Cho Yun-hee). It sounds like the setup for a farcical sitcom, but the mix-ups, confessions and unexpected returns that follow make for a welter of surprising emotions composed in Hong’s deceptively slight style. Shot in black-and-white to heighten the story’s tone, this is a melancholy pleasure. With subtitles.

Nextflix Tip: A lyrical force in Italian arthouse cinema alongside his brother Paolo, Vittorio Taviani (1929-2018) specialized in films that fused the harsh and the poetic. So check out Netflix for some of his best works, which include “Padre Padrone” (1977), “The Night of the Shooting Stars” (1982), “Good Morning, Babylon” (1987) and “Caesar Must Die” (2012).

On DVD:

The Commuter (Lionsgate): After “Unknown” and “Non-Stop,” director Jaume Collet-Serra and star Liam Neeson team up once more for another exciting action drama, showing that robust Hollywood genre filmmaking is alive and well. Neeson plays Michael, a cop turned insurance salesman whose world is suddenly turned upside-down when he answers a mysterious phone call during the train ride home from work. Combining a money offer with threats to his family, the stranger forces Michael to uncover the identity of a fellow patient before the last stop. With time running out and the lives of everybody else on the train being in danger, he realizes that he’s become part of a criminal conspiracy. Making ingenious use of the suburban setting, Collet-Serra builds consistent tension to a plot that could have easily turned ludicrous.


Paddington 2(Warner Bros.): The beloved character from children’s stories, Paddington the bear returns in this charming sequel to the 2014 hit. Having settled down with the Brown family in London, the ursine protagonist (voiced again by Ben Whishaw) brings joy and marmalade to people in the community. All is not well, however, when a valuable book disappears and, blamed for the crime, he is arrested. With the real culprit—a vain actor named Phoenix Buchanan (Hugh Grant)—at large, Paddington escapes and becomes determined to make things right just in time for his Aunt Lucy’s birthday. Smoothly mixing CGI animation and live-action settings, returning writer-director Paul King keeps the journey warm and colorful without losing its sense of gentle whimsy. The large cast also includes Jim Broadbent and Sally Hawkins.


Midnight Cowboy (Criterion): 1969 was a key year in the divide between classical and modern Hollywood, and few films illustrate it better than this controversial Best Picture Oscar winner, which finds poignancy amid squalor. Determined to move out of his tiny Texas town, Joe Buck (Jon Voight) moves to New York City to life off what he believes is his irresistible charm to rich women. When things don’t turn out the way he hoped, the naïve visitor finds himself living with an eccentric named Rizzo (Dustin Hoffman). Though making for a very odd couple, they forge an affecting bond against the flashy and harsh world around them. Directed by John Schlesinger, the film remains invaluable for the actors’ fearless performances as well as for its snapshots of a time and place.

[headlines]
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Small Dog
Indianapolis, Indiana Adopt a Dog

Joby
ID# 24795370
Male
Color: White
Weight: 19 lbs.
Neutered
Location: Adoption Dogs Room 2
Adoption Fee: $235.00

“I'm the kind of dog who loves to go for a walk around the neighborhood or take a hike through the woods, but I'm also okay just hanging out around the house with you. We'll have fun no matter what we do!”

* Super sweet, people-oriented boy who loves attention *
* Will need a patient, committed adopter who can help him navigate *
* May pair well with another social dog *
* Staff can set up an intro if you have young kids in the home *

Indy Humane Adoption Center
7929 Michigan Road
Indianapolis, IN
46268
(317) 872-5650

Adoption Lobby Hours

Monday 1pm – 7pm
Tuesday 1pm – 7pm
Wednesday 1pm – 7pm
Thursday Closed
Friday 1pm – 7pm
Saturday 11am – 6pm
Sunday 11am – 4pm
Major Holidays Closed

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

 

[headlines]
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deBanked Connect: San Diego, California
Thursday, October 4, 2018

Editor and Publisher of deBanked Shawn Murray notes the event will be a "a little bit of formal networking, a few speakers, and then 2 and a half hours or so on the rooftop of the Andaz with an open bar and appetizers. Shorter networking events like that one are part of the ‘Connect’ tour we've been putting together. The first one was in Miami this past January. Broker Fair will be our big annual conference in April or May every year."

3:00 PM - 8:00 PM PDT
$129  Limited Attendance
Andaz San Diego
a concept by Hyatt
600 F Street
San Diego, CA 9210
At the Andaz in San Diego, deBanked will bring together brokers, funders, and folks from the MCA and small business lending industry for an evening of education, networking, and cocktails.

Short Video of Brooklyn New York “Connect”

 

Register: Space is Limited
https://www.eventbrite.com/e/debanked-connect-san-diego-tickets-46168812160 

Photos from previous deBanked events:
Broker Fair 2018, Brooklyn, NY – May 14, 2018
Broker Fair 2018 Pre-show party – Brooklyn, NY – May 13, 2018
deBanked Connect – Miami, FL – January 25, 2018
deBanked Golf Outing – Brooklyn, NY – August 28, 2017


[headlines]
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News Briefs----

Wells Fargo to sell 52 bank branches to Flagstar Bancorp
   in Indiana, Michigan, Ohio, Wisconsin
https://www.marketwatch.com/story/wells-fargo-to-sell-52-bank-branches-to-flagstar-bancorp-2018-06-05

Tax cut fuels record $200 billion stock buyback bonanza
   Apple made up nearly half that total
http://money.cnn.com/2018/06/05/investing/stock-buybacks/index.html

CEO Confidence Drops on Trade Policy Uncertainty
 causing chief executives to question hiring and spending plans
http://ww2.cfo.com/global-business/2018/06/ceo-confidence-drops-on-trade-policy-uncertainty/

$1.5B Denver airport expansion underway
  39 new gates will increase gate capacity by 30%
https://www.constructiondive.com/news/15b-denver-airport-expansion-underway/524687/

Construction employment up in more than 250 metros
  yet to hit pre-recession highs
https://www.constructiondive.com/news/agc-construction-employment-up-in-more-than-250-metros/524773/

Exclusive: Ant Financial shifts focus from finance
   to tech services: sources
https://in.reuters.com/article/us-china-ant-financial-regulation-exclus/exclusive-ant-financial-shifts-focus-from-finance-to-tech-services-sources-idINKCN1J10WV

Mexico Hits U.S. With Tariffs,
  Escalating Global Trade Tensions
https://www.nytimes.com/2018/06/05/us/politics/trump-trade-canada-mexico-nafta.html? 

   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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You May Have Missed---

Howard Schultz to Leave Starbucks After 40 Years
https://www.qsrmagazine.com/fast-food/howard-schultz-leave-starbucks-after-40-years

3 times Howard Schultz saved Starbucks
http://money.cnn.com/2018/06/05/news/companies/starbucks-howard-schultz-coffee/index.html


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WHY BASEBALL WALTZES WITH LETTERS

   by Tim Peeler

A Faulkner sentence is an extra inning game, Simply and finally playing through its Will and exhaustion.

Third Base Coach signals are ee cummings poems-
Gimmicky, sure, but meaningful in their color
When you break the code.

The prisons play contests of Bukowski prose,
Where a stolen base may be a literal image
And everybody gambles nothing.

Weird killers load the bases at a
Stephen King Little League field, the sequel,
A grand slam promise at the bank.

Although Poe would never sit through nine,
His words are a dark season in the cellar,
A team leaving town and the death of a Beautiful groupie.

Finally, Wolfe who wrote slugfest
Double-headers played to million-footed
Throngs, then flickered like so many other
Stars never meant for extra innings.

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

---  with the permission of the author, from his
book of baseball poetry:

“Waiting for Godot's First Pitch”
    More Poems from Baseball

available from Amazon or direct from the publisher at: www.mcfarlandpub.com

 


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Sports Briefs---

49er great Dwight Clark dies at 61
https://www.sfgate.com/49ers/article/49er-great-Dwight-Clark-dies-at-61-12967034.php

Steve Young eulogizes Dwight Clark: ‘Epitomizes why we were great’
https://www.mercurynews.com/2018/06/05/steve-young-eulogizes-dwight-clark-epitomizes-why-we-were-great/

LeBron James, Stephen Curry agree
   that next NBA champs won't visit White House
http://www.espn.com/nba/story/_/id/23706091/lebron-james-cleveland-cavaliers-stephen-curry-golden-state-warriors-says-nba-champion-want-white-house-invite

The real message is getting lost in White House's war on NFL
https://www.yahoo.com/sports/real-message-getting-lost-white-houses-war-nfl-201054902.html

As Tom Brady returns to practice,
  Patriots QB falls short of Bill Belichick's standards
https://www.usatoday.com/story/sports/nfl/columnist/bell/2018/06/05/patriots-bill-belichick-upset-tom-brady-practice-minicamp/675174002/

J.J. Wilcox has change of heart, to sign with Jets instead of 49ers
http://www.theredzone.org/Blog-Description/EntryId/70436/J-J--Wilcox-has-change-of-heart--to-sign-with-Jets-instead-of-49ers

Vernon Davis: Alex Smith's 'scars' will help in 2018
http://www.theredzone.org/Blog-Description/EntryId/70427/Vernon-Davis--Alex-Smith-s--scars--will-help-in-2018


[headlines]
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California Nuts Briefs---

California voters hit the polls
   in what could be a fateful primary election
https://www.eastbaytimes.com/2018/06/05/california-voters-hit-the-polls-in-what-could-be-a-fateful-primary-election/

Marin bus ridership decline mirrors San Francisco Bay Area
http://www.marinij.com/general-news/20180604/marin-bus-ridership-decline-mirrors-bay-area

71 percent of voters support Apple employee tax, survey shows
https://www.mercurynews.com/2018/06/04/71-percent-of-voters-support-apple-employee-tax-survey-shows/

Photo of black Vista resident walking his dogs
   makes him burglary suspect
http://www.sandiegouniontribune.com/communities/north-county/sd-no-dog-walker-20180605-story.html

 

[headlines]
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“Gimme that Wine”

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

California Domestic Wine Revenue Successfully
  Endured A Decade Of Retail Flatness
https://www.forbes.com/sites/thomaspellechia/2018/06/04/california-domestic-wine-revenue-successfully-endured-a-decade-of-retail-flatness/#66291ddf1273

Walmart raises a glass with private label wine
https://www.fooddive.com/news/grocery--walmart-raises-a-glass-with-private-label-wine/524878/

Drought declared in fourth Oregon county
http://www.capitalpress.com/Oregon/20180604/drought-declared-in-fourth-oregon-county

Auction Napa Valley 2018 brings in $13.6M
http://www.northbaybusinessjournal.com/northbay/napacounty/8397062-181/auction-napa-valley-results


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

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

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

[headlines]
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This Day in 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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