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

kitmenkin@leasingnews.org
   





Wednesday, June 19, 2019



Today's Leasing News Headlines

Fraud Detection
    Sales Makes it Happen by Scott Wheeler, CLFP
25-Year Fixed Rate SBA 504 Loans Hit $1 Billion
    Milestone in First Year by Bob Coleman
Leasing Industry Ads---Help Wanted
    Credit Analyst for Franchise Applications
May 2019  The List
    The Good, the Bad and the Ugly
14 Defunct Car Brands and How They Failed
  Chart---The Rise and Fali of Car Brands
Aggressive, hard-hitting collectors have been favorites
    for years, but...
Certified Leasing & Finance Professional Circular
   2019 Volume 2, New CLFP's, Photos
        Why I Became a CLFP, Other News
Luvleen Sidhu, Co-Founder of BankMobile, to Speak
   at the FORTUNE Brainstorm Finance Conference
Boxer/Mix
   Humane Society Harford County   Adopt-a-Dog
5th Annual Conference and Exhibition
  National Alliance of Commercial Loan Brokers
            October 4 -6  Las Vegas Westin
News Briefs---
Lending to small businesses at record post-recession highs
  hitting a record high of 27.7 percent of applications at big banks
Google reveals plans to build 20,000 SF Bay Area homes
   They'll include at least 5,000 affordable housing units
Big 737 Max order hands Boeing a lifeline
   plan to buy 200 of the jets
Air Lease Corporation Announces Lease Placement
  of Ten New Boeing 787-10 Aircraft with Korean Air
Amazon adds 15 Boeing 737 freighters
  to grow air fleet to 70 planes by 2021
Intel appears to be delaying Israeli factory
  but Oregon expansion remains on track
Two companies petitioned for Trump’s solar tariffs
   —now they’re both out of business

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
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[headlines]

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

 

Fraud Detection

Sales Makes it Happen
by Scott Wheeler, CLFP

The commercial equipment leasing and finance industry is always a target for fraudulent activity, especially when business is strong and the guard is down. I recently consulted with a client that was hit with several fraudulent transactions from a vendor relationship. Hindsight is 20/20; however, this company missed all of the obvious signs in their rush to prove that they were better than their competition. The company cut operational corners to win what they perceived to be a large vendor opportunity. In fact, q single unscrupulous vendor sales representative was taking advantage of a naive, overzealous originator and his company.

Originators in the commercial equipment leasing and finance industry are the eyes and ears of the industry. They should always be on high alert for transactions or relationships that just don't make sense. Below are some of the signs that should have alerted this particular originator and his company:

  • For many years,  the vendor was a big prospect that attracted large competitors. In the past, the company was unable to compete in rate or programs to win a relationship with this vendor. Suddenly, a single vendor sales rep reached out to a relatively new originator and wanted to send him all of his business. Why now? Yields or structure no longer mattered. The vendor rep just wanted a quick turnaround and for the vendor to control all contact with the customer. 
  • The vendor sales rep requested that no contact be made with his management team because they wanted him to use a national program which he didn't prefer.
  • The invoices all had low invoice numbers, although the vendor was a national company with a long-term history. The name on the invoices was slightly different than the vendor's corporate filing. This was explained as a name the vendor only used as a trade name in that particular state.
  • All monies needed to be wired.
  • In the first week of the relationship, the vendor sales representative submitted four deals. All were instantly approved based upon high credit scores, TIB, and excellent PayNet scores. But the dates on the vendor applications were 30 - 45 days old. The credit reports showed that the same competitor had pulled credit 1 - 2 days after the application date.
  • All of the equipment was ready for delivery and funding within 7 days. Usually, this type of equipment would take 30 - 60 days to be delivered. 
  • All applicants wanted payments in arrears and for upfront fees to be billed with the first payment.
  • The vendor constantly demanded speed. He needed an approval within an hour, documents to be sent to him within hours, and funding within days of the application.

Needless to say, these four larger than average transactions would help the originator have an excellent production month. Everyone was anxious to keep the relationship moving forward. In the following month, six additional deals were submitted, approved, and funded.
The payment processor realized that the payments were made with checks drawn on the vendor's bank account (with the slightly different name). Upon calling the sales manager, it was discovered that the vendor sales rep had been fired nearly 90 days before. 

In an effort to quickly build volume, the company and originator had missed the signs of fraud and now have a several hundred thousand dollar loss to contend with. If a relationship is too good to be true - watch your step, proceed with caution, and make sure that all of your t's are crossed and i's are dotted. The best relationships are earned. Due diligence is necessary on every relationship.
 
Don't Cut Corners

Order via Amazon: https://www.createspace.com/5355516  

Scott A. Wheeler, CLFP
Wheeler Business Consulting
1314 Marquis Ct.
Fallston, Maryland 21047
Phone: 410 877 0428
Fax: 410 877 8161
Email: scott@wheelerbusinessconsulting.com
Web: www.wheelerbusinessconsulting.com

Sales Makes it Happen articles:
http://www.leasingnews.org/Legacy/index.html





 

[headlines]
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25-Year Fixed Rate SBA 504 Loans Hit $1 Billion
Milestone in First Year by Bob Coleman

As the first year since the kick-off of the 25-year SBA 504 loan program comes to an end, it hits a milestone of over $1 billion in fundings, according to the National Association of Development Companies (NADCO).

A welcome longer-term fixed asset funding solution for small businesses, in addition to banks and investors, the 25-year SBA 504 loan program reflects a face value of $1.04 billion in total lending dollars to date.

The lending program marked its first funding in July of 2018 and in its final month of the first-year launch, June 2019 figures indicate a total of 1,289 fixed-rate 504 loans to small businesses throughout the country.

Spread over the longer 25-year term, borrowers in June took advantage of the lowest-ever interest rate of 4.09%. Over the course of the last year, the average effective rate* was approximately 4.96% on average, or just 9 basis points above the 20-year fixed effective rate 504 loan program. Currently, the 504 loan 20-year program is funding at a historically low rate of 3.983%.

The SBA 504 loan program offers 10, 20 or 25-year fixed rate lending solutions for commercial fixed asset funding for small business project costs ranging from $100,000 to $15,000,000.

*Effective rate assumes a CDC fee of 0.625% and then-current fiscal year borrower fee.

bob@colemanreport.com

Coleman Report
 28081 Marguerite Pkwy.
#4525, Mission Viejo
CA 92690

[headlines]
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Help Wanted Ads

 

 

[headlines]
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May 2019 The List
The Good, the Bad and the Ugly

CLFP Foundation, Northbrook, Illinois  (05/19)  Grows to 754 Active Members Adds 69 Individuals through April/May Exams  http://leasingnews.org/archives/May2019/05_28.htm#clfp_grows
(05/19) Seventh Edition Handbook Released,  revised by Deb Reuben, CLFP http://leasingnews.org/archives/May2019/05_15.htm#clfp

Equipment Leasing and Finance Association, Washington, DC (05/19) MFLI-25 Reports April Business Up 7.32% Compared to March, 2018  http://leasingnews.org/archives/May2019/05_24.htm#elfa

Leasing News, Saratoga, California (05/19) 2018 Leasing News Person of the Year Award  Presentation to Jerry Parrotto  http://leasingnews.org/archives/May2019/05_20.htm#award

North Star Leasing Company, Burlington, Vermont (05/19) Sees Largest Monthly Funding Growth to Date http://leasingnews.org/archives/May2019/05_08.htm#north

[headlines]
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Full Story by Chris Matel, visualcapitalist.com
https://www.visualcapitalist.com/14-defunct-car-brands-failed/

 


[headlines]
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Aggressive, hard-hitting collectors have been favorites
for years, but...

 

You need to hire a collector.

What type of individual would make a good collector?

Someone aggressive, right?

A real go-getting, hard-hitter who will collect all of the money - and quickly?

Not so, says our old friend Robert Holt, a former credit exec who now runs a successful collection agency in the Baltimore area.

According to Holt, this is precisely not the type of person needed.

Someone too tough and aggressive runs the risk of alienating your customers and jeopardizing future sales, says Holt. The objective in collections is to speed up cash flow and reduce DSO. A heavy hitter might end up contributing to a reduction in sales, thus having a corresponding detrimental effect on cash flow and DSO. Furthermore, customer base alienation leads to an alienated sales department.

All too often the available candidates have little experience, few skills, and no desire to work in collections. How do you pick winners from the group?

Instead of Traditional Skills, Look for These Qualities

Here's Holt's list:

  1. Problem solver - Someone who does crossword puzzles or reads mystery novels
  1. Organized - Neat appearance, keeps appointment book
  1. Friendly - Makes eye contact, personable, pleasant
  1. On time for interview, sends thank-you note
  1. Task-oriented - Able to implement specific projects that show results
  1. Good phone skills
  1. Good with numbers
  1. Has a good business sense and an overall understanding of company objectives

Be able, in essence, to sell!


Robert Holt
President
Baltimore Credit and
 Collections Services, Inc.
6400 Baltimore National Pike, #469
Baltimore, MD 21228-3915
Phone: 410-549-6444
https://www.bccs2.com/about-baltimore-credit-collection-services.php

To Subscribe to Credit Today:
https://www.credittoday.net/public/5.cfm


[headlines]
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Certified Leasing & Finance Professional Circular
 2019 Volume 2, New CLFP's, Photos
Why I Became a CLFP, Other News


Andrew Eller, CLFP
VP, Operational Risk Management
First American Equipment Finance

His CLFP President's Message:

"In the second calendar quarter of 2019, the CLFP Foundation experienced the most successful growth period in the Foundation’s history. 90 leasing professionals obtained their certification since the last CLFP Circular was released in early April 2019, bringing the total number of new CLFPs in 2019 to 133, just 5 short of our total number of additions in all of 2018 (138). On behalf of the Board, I would like to welcome all the new CLFPs.

"A major factor in the growth of the Foundation’s membership base is the Academy for Lease & Finance Professionals (ALFP). The Foundation held six Academies during the past quarter and has five more scheduled for next quarter (two public and three private). Due to the steady volume of Academies, the Foundation can expect continued growth through Q3

"The Foundation Committees have been hard at work throughout Q2. I would like to share a few of the notable advancements.
Strategic Planning – The Future Strategic Planning Committee has been focused on the long-term direction of the foundation, and key performance indicators.

"Marketing – The Marketing Committee is working on selecting a new CRM system and implementing a new website.

"Exam – The Exam committee is in the process of reviewing the updated exam testing data from the first half of the year. This review is ongoing and is focused on ensuring that the exam retains its level of completeness and rigor.

"Global Expansion – The Global Expansion Committee is working on determining international markets for the CLFP certification along with the ongoing partnership with CAFBA in Australia.

"Every year during the summer months the Foundation likes to celebrate all the members by holding a networking event known in the past as “CLFP Day.” To reduce scheduling conflicts, the Foundation would like to extend the day to a week. This newly named “CLFP Week” will take place during the third calendar week of August (8/19-8/23). Look for additional information on CLFP Week 2019 soon.

"The success of the first six months of 2019 has positioned the Foundation to have one of, its most successful years in history. The Foundation would not be flourishing without all the hard work, goodwill and contributions of the CLFP community. If there are members that would like to be more involved please reach out to our Executive Director, Reid Raykovich, CLFP or any member of the Board. I hope that you all enjoy the upcoming summer months and I look forward to seeing the wonderful pictures and communications from our upcoming CLFP Week."

Full 14 Page Circular with Photographs


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

Luvleen Sidhu, Co-Founder of BankMobile, to Speak
at the FORTUNE Brainstorm Finance Conference

New York, NY, -- BankMobile, a division of Customers Bank, and America’s largest and fastest-growing mobile-first bank, announced that Luvleen Sidhu, Co-Founder, President and Chief Strategy Officer, will be speaking at the FORTUNE Brainstorm Finance conference. Sidhu will participate on the “Will Banks Matter in the Future?” panel, taking place June 20, 2019 at 11:25am EDT.

Sidhu was named “Fintech Woman of the Year” by LendIt in 2019 and oversees strategy for BankMobile, which was named “Most Innovative Bank” by LendIt. Under her leadership, BankMobile has grown to over two million customers, placing it in the Top 15 banks in the U.S. in terms of number of consumer checking accounts serviced. The bank has developed its own proprietary technology, which was built to attract and engage customers for full-service consumer banking with a focus on outstanding customer experience delivered in the most compliant fashion.

Today, BankMobile provides its disruptive, multi-partner distribution model, Banking-as-a-Service (BaaS) platform, to colleges and universities through BankMobile Disbursements, which serves more than five million students on nearly 800 campuses nationwide. Through this distribution channel, BankMobile serves one in every three college students in the country. The company has expanded its BaaS strategy most recently with T-Mobile for the launch of T-Mobile MONEY.

Brainstorm Finance will bring together established financial institutions with new startups and FinTech, blockchain and venture companies to discuss the future of finance. The conference will take place at Gurney’s Montauk Resort in Montauk, NY on June 19-20, 2019.

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

[headlines]
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Boxer/Mix
Humane Society Harford County   Adopt-a-Dog


Lacy

ID 41905703
Female
Color: Brown
Declawed no
site: Humane Society of Harford County
Location: Dog Kennel Wing- Gray
Intake Date: 6/10/2019

Humane Society of Harford County
2208 Connolly Road
Fallston, MD 21047
(410) 836-1090

Send a Message:
http://www.harfordshelter.org/contact/contact-us/

Hours:
Monday thru Friday: 11 am–6 pm
Saturday: 10 am–5 pm
Sunday: 12 pm–4 pm


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


[headlines]
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5th Annual Conference and Exhibition
National Alliance of Commercial Loan Brokers
October 4 -6  Las Vegas Westin


The Westin Lake Las Vegas Resort & Spa
Our Discounted room rate is $199.
This discounted rate will end October 2019
https://www.marriott.com/event-reservations/reservation-link.mi?id=1549659194861&key=GRP&app=resvlink

What makes this conference different are funders and brokers who normally do not attend conferences but who come from all parts of the United States. This is not just for members of one group but open to all, many who do not belong to finance and leasing associations, including specialists with specific followings in business loans, equipment finance and leasing, merchant advance, working capital and other commercial financial transactions.

"Whether you're a bank or private commercial lender, or a commercial loan broker, the NACLB conference is designed specifically for brokers and lenders to help each other get business done.

"Based on a recent poll of last year's conference in Las Vegas, our lenders proposed on over $50,000,000 worth of deals within two months after the conference; all from new broker relationships they gained. That means that the brokers who attended had over $50,000,000 worth of deals that were not being funded previous to attending our conference. No other conference can deliver those numbers!
 
"Top things you will gain as a broker:

"Meet close to 200 banks and lenders that are eager to take on broker business across multiple funding categories in business lending and commercial real estate lending.

"Get educated on different products to cross sell your clients or gain access to funding products to concentrate on and increase your revenue.

"Learn and hear from the industry's most successful brokers and how they grew their businesses.
Learn how to effectively make the leap from broker to lender.

Discover the changes that might be impacting your industry with regard to regulations.
 
Keynote Speaker


Robert J. O'Neill

Former SEAL Team Six Leader and Man Who Killed Osama bin Laden, Naval Special Warfare Development Group, and New York Times Best-Selling Author.


Among the other speakers is Attorney Ken Greene, Esq., American Association of Commercial Finance Brokers Legal Attorney, well-known Leasing News Advisor and Contributing Writer, speaking on Broker Licensing.


"Our registration is now open and we anticipate over 800 brokers
to attend based on the success of last year and growth we experienced."
Kris D. Roglieri
kris@commercialcapitaltraining.com

Register Now
https://www.eventbrite.com/e/naclb-2019-registration-53866142081

[headlines]
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News Briefs----

Lending to small businesses at record post-recession highs
  hitting a record high of 27.7 percent of applications at big banks
https://nypost.com/2019/06/15/lending-to-small-businesses-at-record-post-recession-highs/

Google reveals plans to build 20,000 SF Bay Area homes
   They'll include at least 5,000 affordable housing units
https://www.engadget.com/2019/06/18/google-bay-area-housing-investment/

Big 737 Max order hands Boeing a lifeline
   plan to buy 200 of the jets
https://www.chicagobusiness.com/manufacturing/big-737-max-order-hands-boeing-lifeline

Air Lease Corporation Announces Lease Placement
  of Ten New Boeing 787-10 Aircraft with Korean Air
https://finance.yahoo.com/news/air-lease-corporation-announces-lease-094500750.html

Amazon adds 15 Boeing 737 freighters
  to grow air fleet to 70 planes by 2021
https://www.cnbc.com/2019/06/18/amazon-adds-15-boeing-737-planes-to-grow-air-fleet.html

Intel appears to be delaying Israeli factory,
  but Oregon expansion remains on track
https://www.oregonlive.com/silicon-forest/2019/06/intel-appears-to-be-delaying-israeli-factory-but-oregon-expansion-remains-on-track.html

Two companies petitioned for Trump’s solar tariffs
   —now they’re both out of business
https://finance.yahoo.com/m/7186d85c-a643-3f6a-b363-466674c7a351/two-companies-petitioned-for.html

 

[headlines]
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You May Have Missed---

In Chicago this $45,000-a-month rental comes
   with its own outdoor pool, as it should
https://www.chicagobusiness.com/residential-real-estate/45000-month-rental-comes-its-own-outdoor-pool-it-should


[headlines]
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 Baseball

by James J. Metcalfe ©

Published: Unknown (Unknown)

The game of baseball is the king
Of all the games we play
And it is one pursuit that is
Distinctly U.S.A.
The people swarm into the stands
To watch their favorite teams
And munch their hot dogs when their lungs
Are not engaged in screams
The pitcher hurls the horsehide and
The batter gets a hit
Or else the ball goes sailing and
Some fielder smothers it
A clever runner steals a base
A player takes a walk
Or managers and umpires
Decide to have a talk
The crowd is gay or gloomy or
Completely in suspense
But it goes wild when someone knocks
The ball beyond the fence.

http://www.baseball-almanac.com/poetry/po_bball.shtml

 

[headlines]
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Sports Briefs---

Brett Favre says Instagram was hacked,
  not coming out of retirement
http://www.theredzone.org/Blog-Description/EntryId/76954/Brett-Favre-says-Instagram-was-hacked--not-coming-out-of-retirement

Warriors fan changes account of Game 6 confrontation
  between Raptors exec, sheriff’s deputy
https://www.eastbaytimes.com/2019/06/17/warriors-fan-changes-account-of-game-6-confrontation-between-raptors-exec-sheriffs-deputy/

Warriors’ Stephen Curry commits to play
   in Lake Tahoe celebrity golf event
https://www.sfchronicle.com/warriors/article/Stephen-Curry-commits-to-play-in-Lake-Tahoe-14015639.php

Offensive Yards: The Worst Stadiums in the NFL
https://moneywise.com/a/ch-b/worst-stadiums-in-the-nfl?utm_source=nativo&utm_medium=desktop&utm_campaign=ntv_worstNFLjun_dsk_cpc_nbl&utm_term=News+837743&utm_content=ntv_worstNFLjun_dsk_cpc_nbl_v01

Josh McCown announces retirement after 17 years:
   'It's been one heck of a journey'
https://www.yahoo.com/sports/josh-mc-cown-announces-retirement-after-17-years-its-been-one-heck-of-a-journey-200828101.html

Examining 49ers' backup QB competition
  of C.J. Beathard, Nick Mullens
https://www.yahoo.com/sports/examining-49ers-backup-qb-competition-182232945.html


[headlines]
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California Nuts Briefs---

PG&E agrees to $1 billion in settlements with California towns,
   counties ravaged by wildfire
https://www.sacbee.com/article231701773.html#storylink=cpy

Wednesday: Norm Mineta and his biography, ‘Enemy Child’
https://www.mercurynews.com/2019/06/18/wednesday-norm-mineta-and-his-biography-enemy-child/

5 best scuba diving spots in California,
   from Monterey Bay Aquarium’s dive director
https://www.sfchronicle.com/travel/article/5-best-scuba-diving-spots-in-California-from-14015019.php?psid=ayEeD

Is This the Most Instagrammable Home?
   $16M Bixby House Has Unparalleled Views
https://www.sfgate.com/realestate/article/Is-This-the-Most-Instagrammable-Home-16M-Bixby-14006393.php



[headlines]

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“Gimme that Wine”

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

Domestic Wines Boost U.S. Wine Sales in May
https://www.winebusiness.com/news/?go=getArticle&dataId=215406

Turning sour: California wine growers feel tariff burden
https://america.cgtn.com/2019/06/17/turning-sour-california-wine-growers-feel-tariff-burden

Boisset opens 'homage to Napa Valley' wine museum,
  tasting salon in 145-year-old building
https://www.northbaybusinessjournal.com/northbay/napacounty/9715087-181/boisset-napa-wine-tasting-museum

New Wine Institute Chairman Hank Wetzel focuses
  on resolving trade barriers outside and inside US
https://www.northbaybusinessjournal.com/northbay/sonomacounty/9699448-181/hank-wetzel-wine-institute

Cyclle through the Best of Amador County Wine
https://thepress.sfchronicle.com/review/cycle-best-amador-county-wine/


Free Wine App
https://www.nataliemaclean.com/mobileapp/

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

    1586 - English colonists sailed from Roanoke Island, N.C. after failing to establish England's first permanent settlement in America.
    1754 - The first Colonial congress met at Albany, NY, through July 11, to form a plan of union and to negotiate a treaty with the Six Nations of the Iroquois. Seven colonies attended. Massachusetts Bay sent four delegates, New Hampshire four, New York four, Pennsylvania four, Connecticut three, Maryland and Rhode Island two each. 
    1778 - Learning that the British have left Philadelphia, Washington's troops start to move from Valley Forge where raw recruits had spent almost nine months of training during which he has turned them into formidable force. They also joined by General Lafayette, who had narrowly escaped a British counter-attack. 
http://www.ushistory.org/valleyforge/served/lafayette.html 
    1835 - A tornado tore through the center of New Brunswick, New Jersey, killing 5 people. Debris from the tornado fell as far away as Manhattan Island. The tornado was studied on spot by two meteorologists - William Redfield and James Espy. Smaller tornadoes were reported at Paterson, New Jersey, Kinderhook, New York, and Pine Plains, New York. 
    1841 - In a letter to President John Tyler, Samuel Colt of Hartford CT, claimed he had invented an “underwater torpedo” and could sink ships by mines. He sank the gunboat Boxer in New York Harbor on July 4, 1842, and the 300-ton brig Volta on October 18, 1842. On April 13, 1843, in the presence of President Tyler, his Cabinet, General Winfield Scott, and other officials, Colt blew up a schooner on the Potomac River by an electric mine from a distance of five miles. His invention was a combination of Robert Fulton's stationary torpedo and Professor Robert Hare's galvanic current. Its claim was that it would protect all US harbors from foreign invasion. 
http://www.nps.gov/fowa/torpedo.htm 
http://www.cthum.org/encyclopedia/topicalsurveys/colt.htm 
http://www.colt.com/colt/html/i_historicalservices.html
 
    1846 - The first baseball game to be played as an organized sport took place at Elysian Fields, Hoboken, NJ, when the Knickerbocker Baseball Club of New York, the first organized baseball team, was defeated by an informal team called the New York Nine. The score was 23-1 in four innings. The umpire was Alexander Joy Cartwright, a member of the Knickerbocker team. Cartwright was the author of the first set of formal rules for baseball. He also laid out the sport's diamond-shaped field and established its nine playing positions. The widespread legend that attributes the founding of baseball to Abner Doubleday at Cooperstown, NY, is false because he was a West Point cadet at the time. Early versions of baseball, unorganized and based on the English games of rounders and cricket, were played in the English colonies of America as far back as the early 1700's. 
    1856 - Elbert Hubbard (d. 1915) was born at Bloomington, IL.  Famous turn of the century American author and craftsman founded the Roycroft Press at East Aurora, NY. Best known among his writings were, “A Message to Garcia” and a series of essays titled “Little Journeys.” He also became famous for his furniture designs. Hubbard lost his life with the sinking of the Lusitania, May 7, 1915. 
    1862 - After fifty years of controversy, Congress outlawed slavery in US territories, nullifying the 1857 Dred Scott decision.
http://docsouth.unc.edu/neh/long/long.html 
    1864 - SMITH, WILLIAM, Medal of Honor 
Rank and organization: Quartermaster, U.S. Navy. Born: 1838, Ireland. Accredited to: New Hampshire. G.O. No.: 45, 31 December 1864. Citation: Served as second quartermaster on board the U.S.S. Kearsarge when she destroyed the Alabama off Cherbourg, France, 19 June 1864. Acting as captain of the 11-inch pivot gun of the second division, Smith carried out his duties courageously and deserved special notice for the deliberate and cool manner in which he acted throughout the bitter engagement. It is stated by rebel officers that this gun was more destructive and did more damage than any other gun of Kearsarge.    
    1864 - The Confederate Cruiser Alabama was sunk by the U.S.S. Kearsarge off Cherbourg, France, while trying to escape into the Atlantic. 15,000 Frenchmen watched the battle from shoreline cliffs. In two years of roaming the Atlantic, the Alabama had destroyed or captured 69 vessels. 
http://www.angelfire.com/wi2/cvs33/sow.html 
    1865 - Emancipation Day is celebrated in Texas to commemorate the day when Union General Granger proclaimed the slaves of Texas free. Also, proclaimed as Emancipation Day by the Florida legislature. “Juneteenth” originally was an occasion for commemoration by African Americans in many parts of the US and now celebrated each year nationally as the holiday "Juneteenth," oldest nationally celebrated commemoration of the ending of slavery in the United States. 
http://www.juneteenth.com/ 
    1867 - The first running of the Belmont Stakes took place at Jerome Park, NY. Jockey J. Gilpartic and his horse, Thuless, finished first in a time of 3:05. The Belmont Stakes continued at Jerome Park until 1889, then moved to Morris Park, NYU, during 1890-95, and, in 1906, settled at Belmont Park in Queens where it has continued to the present day. The Belmont Stakes is the oldest event of horse racing's Triple Crown. 
    1885 - The Statue of Liberty arrived in New York, a present from France to the people of the United States. http://memory.loc.gov/ammem/today/jun19.html 
    1897 - The head stooge in the Three Stooges, Moe Howard was born Moses Horwitz (d. 1975) at Bensonhurst, Brooklyn, NY. Howard began his show business career at age 12 by running errands at Vitagraph studios. He worked with Ted Healy in various comedy and singing acts and together, they teamed with Shemp Howard and Larry Fine in the mid-1920s for an early Stooges act. In 1930, the Stooges made their film debut in “Soup to Nuts.” Although the members of the Three Stooges changed over the years, Moe Howard was one of the constants. Howard appeared in four feature films without the other Stooges, including “Doctor Death, Seeker of Souls.” http://www.threestooges.com/bios/moe.htm 
http://web2.airmail.net/willdogs/ 
    1902 - Bandleader Guy Lombardo, whose orchestra played "The Sweetest Music This Side of Heaven,” was born Gaetano Alberto Lombardo (d. 1977) in London, Ontario. Lombardo's Royal Canadians were the most popular dance band in North America in terms of record sales - more than 300 million during the orchestra's 50-year career. Among Lombardo's million-sellers were "Humoresque" in 1946, "Easter Parade" in 1947 and the "Third Man Theme" in 1950. Lombardo went to Cleveland in 1923 with a group of London-area musicians, including his brothers Carmen and Lebert. By the following year, the band was being billed as the Royal Canadians. Lombardo's New Year's Eve radio and TV broadcasts from the Roosevelt Grill in New York were a traditional part of holiday celebrations from 1929 to 1962. Because of this popularity, Lombardo was called "Mr. New Year's Eve."  The Royal Canadians were known especially for their version of "Auld Lang Syne,” played annually at New Year’s Eve up to his death in 1977, and their version is still the first song played at the Times Square New Year’s Eve celebration.  “Auld Lang Syne” is such a standard that it has been recorded innumerable times, in every conceivable style, by many artists, both well-known and obscure. 
    1903 - Birthday of Lou Gehrig, born Heinrich Ludwig Gehrig (d. 1941) in Yorkville, New York, NY. Known as the “Iron Horse,” he played in 2,130 consecutive games, a record not surpassed until Cal Ripken did so in 1995. He played 17 years with the Yankees, hit .341 and slugged 493 home runs, 23 of them grand slams. Gehrig retired abruptly in May, 1939 and was diagnosed with the degenerative muscle disease amyotrophic lateral sclerosis, which has become known as Lou Gehrig's disease. Inducted into the Hall of Fame in 1939 by special election.  Gehrig was voted the greatest first baseman of all time by the Baseball Writers’ Association in 1969 and was the leading vote-getter on the MLB All-Century team chosen by fans in 1999.  A monument in Gehrig's honor, originally dedicated by the Yankees in 1941 and the first of the many, currently resides in Monument Park at Yankee Stadium. At the famous “Luckiest man on the face of the earth” speech he gave at Lou Gehrig Appreciation Day, July 4, 1939, his number 4 was retired by the Yankees, the first such honor given to any Major Leaguer.  The Lou Gehrig Memorial Award is given annually to the MLB player best exhibiting his integrity and character.     
    1906 - Earl W. Bascom (d. 1995), famous Mormon rodeo showman and pioneer, was born in Vernal, Utah.  Bascom developed the first side-delivery rodeo chute (1916), the first hornless bronc saddle (1922) and the first one-handed bareback rigging (1925). He produced the first rodeo in Mississippi and the first rodeo performed at night under electric lights. 
    1909 - Tenor sax player Joe Thomas (d. 1986) born Uniontown, PA. http://www.harlem.org/people/thomas.html 
    1910 - The first Father's Day was celebrated. The idea originated with Mrs. John Bruce Dodd and the holiday was launched by the Ministerial Association and the YMCA of Spokane, WA. Mrs. Dodd was inspired by her admiration for the great job her father, William Smart, had done in raising his 6 children after his wife's untimely and early death. It is now generally observed on the third Sunday in June. 
    1910 - Birthday of Abe Fortas (d. 1982), born Memphis, TN. He was appointed to the Supreme Court by President Lyndon Johnson in 1965. Prior to his appointment he was known as a civil libertarian, having argued cases for government employees and other individuals accused by Senator Joe McCarthy of having communist affiliations. He argued the 1963 landmark Supreme Court case of Gideon v Wainwright, which established the right of indigent defendants to free legal aid in criminal prosecutions. In 1968, he was nominated by Johnson to succeed Chief Justice Earl Warren, but his nomination was withdrawn after much conservative opposition in the Senate. In 1969, Fortas became the first Supreme Court Justice to be forced to resign after revelations about questionable financial dealings were made public.  
    1914 - Bluegrass musician Lester Flatt (d. 1979) was born in Overton County, Tennessee. Lester Flatt, Earl Scruggs and the Foggy Mountain Boys were one of the most popular country music acts of the 1950's and '60s. They were largely responsible for making bluegrass music popular outside the rural South where it had flourished for years. In the '60s, their biggest hits were "The Ballad of Jed Clampett," from the "Beverly Hillbillies" TV show, and "Foggy Mountain Breakdown," which was used in the soundtrack of "Bonnie and Clyde." By 1969, when Lester Flatt and Earl Scruggs split up, they were one of the best-known country music acts in the world.
    1915 - Maxwell Emmett "Pat" Buttram (d. 1994) was born in Addison, AL.  He is best known for playing the sidekick of Gene Autry and for playing the character of Mr. Haney in the television series “Green Acres.”  He had a distinctive voice which, in his own words, "never quite made it through puberty."
    1917 - Singer Dave Lambert (d. 1966) birthday, Boston.  He was best known as a member of the trio Lambert, Hendricks & Ross. Lambert spent a lifetime experimenting with the human voice and expanding the possibilities of its use within jazz. 
http://www.singers.com/jazz/lambert.html 
    1926 - Harmonica player DeFord Bailey, the most important black performer in country music before Charley Pride, made his first appearance on the Grand Ole Opry. His lively adaptations of old songs made him one of the most popular Opry performers until 1941, when he was dismissed, according to Opry founder George D. Hay, for refusing to learn new material. 
    1934 – The Communications Act of 1934 was signed into law by President Franklin D. Roosevelt.  The Act replaced the Federal Radio Commission with the Federal Communications Commission (FCC) and transferred regulation of interstate telephone services from the Interstate Commerce Commission to the FCC.
    1938 - A cloudburst near Custer Creek, Montana (near Miles City) caused a train wreck killing 48 persons. An estimated 4 to 7 inches of rain deluged the head of the creek that evening and water flowing through the creek weakened the bridge. As a result, locomotive and 7 passenger cars plunged into the swollen creek. One car, a tourist sleeper, was completely submerged. 
    1940 - Birthday Shirley “Cha Cha” Muldowney, born Shirley Ann Roque, Burlington, VT.  One of the predominant drag racers in the history of the sport, man or woman, she dominated the sport winning three world championship titles, but for many years she did not get a single sponsor! Her first marriage was dissolved after she became a better drag racer than her husband. The media credited some of her wins to her crew boss. Because he refused to deny the claims (in fact probably started the rumors), she replaced him. When he turned to driving himself, she beat him. No matter how many wins, she never got any major sponsorship.  The "First Lady of Drag Racing," she was the first woman to receive a license from the National Hot Rod Association (NHRA) to drive a Top Fuel dragster. She won the NHRA Top Fuel championship in 1977, 1980, and 1982, becoming the first person to win two and three Top Fuel titles.  She won a total of 18 NHRA national events. 
http://www.muldowney.com/index.htm 
http://viewmorepics.myspace.com/index.cfm?
fuseaction=user.viewPicture&friendID=88594595&albumId=749490
 
    1941 - Joe DiMaggio goes 3-for-3 against the White Sox to extend his consecutive game hit streak to 32. 
    1942 - The Boston Braves' Paul Waner, known as “Big Polson,” got the 3,000th hit of his Major League career, but the Pittsburgh Pirates defeated Boston, 7-6. Waner played in the Majors from 1926 to 1945, mostly with the Pirates, and finished with 3,152 hits. 
    1944 - The Battle of the Philippine Sea (June 19–20) was a major naval battle of World War II that eliminated the Japanese Navy’s ability to conduct large-scale carrier actions. It took place during the United States' amphibious invasion of the Mariana Islands in the Pacific. The battle was the last of five major "carrier-versus-carrier" engagements between American and Japanese naval forces. Determined to prevent any further advancement by the allies in Japan's area of inner defense, Vice-Admiral Jisaburo Azawa ordered the Imperial fleet to the Marianas for the start of this decisive battle. Admiral Raymond Spruance, possibly the US's greatest and most successful naval commander, ordered a strike force against the Japanese fleet in the Philippine Seas. As seen in two episodes of "Victory at Sea," a furious battle developed in the skies between US carrier-borne aircraft and Japanese aircraft from their carriers and land bases on the Marianas. Kamikaze planes were deadly man-controlled bombs. The Japanese lost three aircraft carriers, Shokaku, Taiho and Hiyo, two destroyers and one tanker. Three carriers, one battleship, three cruisers, one destroyer and three tanks also were seriously damaged, from which the Japanese navy never recovered. 
    1944 - McCAMPBELL, DAVID, Medal of Honor 
Rank and organization: Commander, U.S. Navy, Air Group 15. Place and date: First and second battles of the Philippine Sea, 19 June 1944. Entered service at: Florida. Born: 16 January 1 910, Bessemer, Ala. Other Navy awards: Navy Cross, Silver Star, Legion of Merit, Distinguished Flying Cross with 2 Gold Stars, Air Medal. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty as commander, Air Group 15, during combat against enemy Japanese aerial forces in the first and second battles of the Philippine Sea. An inspiring leader, fighting boldly in the face of terrific odds, Comdr. McCampbell led his fighter planes against a force of 80 Japanese carrier-based aircraft bearing down on our fleet on 19 June 1944. Striking fiercely in valiant defense of our surface force, he personally destroyed 7 hostile planes during this single engagement in which the outnumbering attack force was utterly routed and virtually annihilated. During a major fleet engagement with the enemy on 24 October, Comdr. McCampbell, assisted by but l plane, intercepted and daringly attacked a formation of 60 hostile land-based craft approaching our forces. Fighting desperately but with superb skill against such overwhelming airpower, he shot down 9 Japanese planes and, completely disorganizing the enemy group, forced the remainder to abandon the attack before a single aircraft could reach the fleet. His great personal valor and indomitable spirit of aggression under extremely perilous combat conditions reflect the highest credit upon Comdr. McCampbell and the U.S. Naval Service. 
    1945 - BAKER, THOMAS A., Medal of Honor 
Rank and organization: Sergeant, U.S. Army, Company A, 105th Infantry, 27th Infantry Division. Place and date: Saipan, Mariana Islands, 19 June to 7 July 1944. Entered service at: Troy, N.Y. Birth: Troy, N.Y. G.O. No.: 35, 9 May 1945. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty at Saipan, Mariana Islands, 19 June to 7 July 1944. When his entire company was held up by fire from automatic weapons and small-arms fire from strongly fortified enemy positions that commanded the view of the company, Sgt. (then Pvt.) Baker voluntarily took a bazooka and dashed alone to within 100 yards of the enemy. Through heavy rifle and machinegun fire that was directed at him by the enemy, he knocked out the strong point, enabling his company to assault the ridge. Some days later while his company advanced across the open field flanked with obstructions and places of concealment for the enemy, Sgt. Baker again voluntarily took up a position in the rear to protect the company against surprise attack and came upon 2 heavily fortified enemy pockets manned by 2 officers and 10 enlisted men which had been bypassed. Without regard for such superior numbers, he unhesitatingly attacked and killed all of them. Five hundred yards farther, he discovered 6 men of the enemy who had concealed themselves behind our lines and destroyed all of them. On 7 July 1944, the perimeter of which Sgt. Baker was a part was attacked from 3 sides by from 3,000 to 5,000 Japanese. During the early stages of this attack, Sgt. Baker was seriously wounded but he insisted on remaining in the line and fired at the enemy at ranges sometimes as close as 5 yards until his ammunition ran out. Without ammunition and with his own weapon battered to uselessness from hand-to-hand combat, he was carried about 50 yards to the rear by a comrade, who was then himself wounded. At this point Sgt. Baker refused to be moved any farther stating that he preferred to be left to die rather than risk the lives of any more of his friends. A short time later, at his request, he was placed in a sitting position against a small tree. Another comrade, withdrawing, offered assistance. Sgt. Baker refused, insisting that he be left alone and be given a soldier's pistol with its remaining 8 rounds of ammunition. When last seen alive, Sgt. Baker was propped against a tree, pistol in hand, calmly facing the foe. Later Sgt. Baker's body was found in the same position, gun empty, with 8 Japanese lying dead before him. His deeds were in keeping with the highest traditions of the U.S. Army. 
    1946 - Top Hits 
“The Gypsy” - The Ink Spots 
“All Through the Day” - Perry Como 
“They Say It's Wonderful” - Frank Sinatra 
“New Spanish Two Step” - Bob Wills 
    1946 - MEAGHER, JOHN, Medal of Honor 
Rank and organization: Technical Sergeant, U.S. Army, Company E, 305th Infantry, 77th Infantry Division. Place and date: Near Ozato, Okinawa, 19 June 1945. Entered service at: Jersey City, N.J. Birth: Jersey City, N.J. G.O. No.: 60, 26 June 1946. Citation: He displayed conspicuous gallantry and intrepidity above and beyond the call of duty. In the heat of the fight, he mounted an assault tank, and, with bullets splattering about him, designated targets to the gunner. Seeing an enemy soldier carrying an explosive charge dash for the tank treads, he shouted fire orders to the gunner, leaped from the tank, and bayoneted the charging soldier. Knocked unconscious and his rifle destroyed, he regained consciousness, secured a machinegun from the tank, and began a furious 1-man assault on the enemy. Firing from his hip, moving through vicious crossfire that ripped through his clothing, he charged the nearest pillbox, killing 6. Going on amid the hail of bullets and grenades, he dashed for a second enemy gun, running out of ammunition just as he reached the position. He grasped his empty gun by the barrel and in a violent onslaught killed the crew. By his fearless assaults T/Sgt. Meagher single-handedly broke the enemy resistance, enabling his platoon to take its objective and continue the advance. 
    1947 - The Marshall Plan officially the European Recovery Program, for the rebuilding of Europe began with the invitation of twenty-two European nations. 
(lower half of: http://memory.loc.gov/ammem/today/jun19.html 
    1947 - No. 1 Billboard Pop Hit: "Peg O' My Heart," The Harmonicats. 
    1949 - NASCAR staged the first race in its Strictly Stock series, using new model cars that fans could see at their favorite dealers. The 150-mile event around a dirty track in Charlotte, NC was won by Glenn Dunnaway. 
    1950 - Loretta Lynn's first single, "I'm a Honky Tonk Girl," made the country charts. It was recorded on a small record label called Zero and neither the label nor Lynn had enough money to promote the record. So Loretta and her husband mailed out copies to disc jockeys by hand. The record began getting plays and eventually made the country top ten. 
    1951 - Ann Wilson, lead singer of the heavy metal group Heart, was born in San Diego, California. The group, featuring Ann's sister, Nancy, on guitar, have sold millions of copies of such albums as their 1976 debut "Dreamboat Annie," "Magazine," "Dog and Butterfly," Bebe le Strange" and "Brigade." 
    1952 - “I've Got a Secret” premiered on television. Celebrity panelists tried to guess the guests' secrets on this popular game show; celebrity guests also came on to baffle the panel. Guests whispered their secret to the host and the audience saw it on the screen. Garry Moore hosted the show, followed by Steve Allen and Bill Cullen. Allen Sherman (“My Son the Folk Singer”) created the show and most of the celebrity “secrets.” Celebrity panelists included Bill Cullen, Betsy Palmer, Henry Morgan, Bess Myerson, Steve Allen and Jayne Meadows. 
    1953 - Birthday of Larry Dunn, keyboards player with Earth, Wind and Fire, Denver, CO. 
    1953 - Julius and Ethel Rosenberg were executed at Sing-Sing Prison in New York for conspiracy to commit espionage for the Soviet Union. They were instrumental in the transmission of information about top-secret military technology and prototypes of mechanisms related to the atomic bomb and provided top-secret radar, sonar, and jet propulsion engines to the Soviet Union.
    1954 - Top Hits 
Little Things Mean a Lot - Kitty Kallen 
Three Coins in the Fountain - The Four Aces 
Hernando's Hideaway - Archie Bleyer 
I Don't Hurt Anymore - Hank Snow 
    1961 - Pat Boone had his sixth and final number 1 hit in the US with "Moody River." 
    1961 - Ben E. King enjoys his biggest hit as "Stand By Me" reaches #4 on the Billboard singles chart. The same song would re-appear on the Hot 100 in 1986, reaching #9 after it was featured in the River Phoenix film of the same name. 
    1962 - Birthday of singer and choreographer Paula Abdul, San Fernando, CA. 
    1962 - Top Hits 
I Can't Stop Loving You - Ray Charles 
It Keeps Right on a-Hurtin' - Johnny Tillotson 
(The Man Who Shot) Liberty Valance - Gene Pitney 
She Thinks I Still Care - George Jones 
    1964 – The Civil Rights Act of 1964 was approved after an 83-day filibuster in the Senate.  It outlaws discrimination based on race, color, religion, sex, or national origin.  It ended unequal application of voter registration requirements and racial segregation in schools, at the workplace and by facilities that served the general public (known as "public accommodations").  Congress asserted its authority to legislate under several different parts of the Constitution, principally its power to regulate interstate commerce Article One (section 8), its duty to guarantee all citizens equal protection of the laws under the Fourteenth Amendment and its duty to protect voting rights under the Fifteenth Amendment.
    1964 - Carol Doda dances in a Rudi Gernreich topless bathing suit in The Condor nightclub, North Beach, San Francisco, California. It's starts the craze of Topless dancing along Broadway. 
    1965 - The Four Tops had their first US number one record with "I Can't Help Myself." Lead singer Levi Stubbs had not been satisfied with the recording session and was promised that he could do it again the following day, but no other session ever took place. The track that became a hit was just the second take of the song. 
    1965 - Elvis Presley enjoyed his 15th UK #1 single with "Crying In The Chapel." 
    1965 – “I Can't Help Myself,” by The Four Tops, topped the pop and R&B charts. The Tops, who had no personnel changes in their more than 35 years together were inducted into the Rock and Roll Hall of Fame in 1990. 
    1966 - No. 1 Billboard Pop Hit: "Paperback Writer," The Beatles. 
    1968 - "Soul Scene" benefit dance for the Blackman's Free Store held at the Carousel Ballroom in San Francisco. 
    1969 - The Who appeared at Fillmore West. 
    1970 - Top Hits 
“The Long and Winding Road/For You Blue” - The Beatles. 
“Which Way You Goin' Billy?” - The Poppy Family 
“Get Ready” - Rare Earth 
“Hello Darlin'” - Conway Twitty 
    1971 - Carole King's double-sided hit single "It's Too Late" / "I Feel The Earth Move" went to the top of the Billboard Hot 100. 
    1972 - Hurricane Agnes moved onshore near Cape San Blas, FL with wind gusts to 80 mph, and exited Maine on the 26th. There were 117 deaths, mainly due to flooding from North Carolina to New York State, and total damage was estimated at more than three billion dollars. Up to 19 inches of rain deluged western Schuylkill County, PA. The rains of Hurricane Agnes resulted in one of the greatest natural disasters in U.S. history. Agnes caused more damage than all other tropical cyclones in the previous six years combined (which included Celia and Camille). 
    1973 - The stage production of "The Rocky Horror Show" opened in London. It later played in Los Angeles and New York. Star Tim Curry reprised his role in the 1975 movie version, "The Rocky Horror Picture Show," which developed into a cult phenomenon. Fans, dressed up as their favorite characters from the film, continued to show up at midnight screenings for a decade. 
    1976 - Wild Cherry releases "Play That Funky Music," a song that would make it to #1. 
    1977 - Pope Paul VI canonized John Nepomucene Neuman, the first American Citizen to become a saint. He was ordained in St. Patrick's Cathedral, Mott Street, New York City, 1836. From 1852 until his death in 1860, he served as the fourth bishop of Philadelphia. He was responsible for the organizing the first diocesan school system in America and for building schools, churches, and asylums. In 1896, he was the first male American citizen to be declared venerable. In 1963, he became the first male American citizen to be beatified. 
    1977 - With five home runs in an 11-1 win against the Yankees, the Red Sox set a Major League mark, hitting 16 round trippers in three games, all against the Yankees. 
    1978 - Top Hits 
“Shadow Dancing” - Andy Gibb 
“Baker Street” - Gerry Rafferty 
“It's a Heartache” - Bonnie Tyler 
“Two More Bottles of Wine” - Emmylou Harris 
    1978 - The first appearance in the newspapers of lasagna-loving “Garfield,” created by Jim Davis. 
http://www.garfield.com/ 
    1980 - Disco queen Donna Summer became the first artist to sign with Geffen Records, the new label started by industry veteran David Geffen. 
    1982 - The debut album by the super group Asia, entitled simply "Asia" hits #1. 
    1986 - Top Hits 
“On My Own” - Patti LaBelle & Michael McDonald 
“I Can't Wait” - Nu Shooz 
“There'll Be Sad Songs” (“To Make You Cry”) - Billy Ocean 
“Life's Highway” - Steve Wariner 
    1986 - LASSEN, CLYDE EVERETT, Medal of Honor 
Rank and organization: Lieutenant, U.S. Navy, Helicopter Support Squadron 7, Detachment 104, embarked in U.S.S. Preble (DLG-15). place and date: Republic of Vietnam, 19 June 1968. Entered service at: Jacksonville, Fla. Born: 14 March 1942, Fort Myers, Fla. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty as pilot and aircraft commander of a search and rescue helicopter, attached to Helicopter Support Squadron 7, during operations against enemy forces in North Vietnam. Launched shortly after midnight to attempt the rescue of 2 downed aviators, Lt. (then Lt. (J.G.)) Lassen skillfully piloted his aircraft over unknown and hostile terrain to a steep, tree-covered hill on which the survivors had been located. Although enemy fire was being directed at the helicopter, he initially landed in a clear area near the base of the hill, but, due to the dense undergrowth, the survivors could not reach the helicopter. With the aid of flare illumination, Lt. Lassen successfully accomplished a hover between 2 trees at the survivors' position Illumination was abruptly lost as the last of the flares were expended, and the helicopter collided with a tree, commencing a sharp descent. Expertly righting his aircraft and maneuvering clear, Lt. Lassen remained in the area, determined to make another rescue attempt, and encouraged the downed aviators while awaiting resumption of flare illumination. After another unsuccessful, illuminated rescue attempt, and with his fuel dangerously low and his aircraft significantly damaged, he launched again and commenced another approach in the face of the continuing enemy opposition. When flare illumination was again lost, Lt. Lassen, fully aware of the dangers in clearly revealing his position to the enemy, turned on his landing lights and completed the landing. On this attempt, the survivors were able to make their way to the helicopter. En route to the coast he encountered and successfully evaded additional hostile antiaircraft fire and, with fuel for only 5 minutes of flight remaining, landed safely aboard U.S.S. Jouett (DLG-29). 
    1986 - RAY, RONALD ERIC, Medal of Honor
Rank and organization: Captain (then 1st Lt.), U.S. Army, Company A, 2d Battalion, 35th Infantry, 25th Infantry Division. Place and date: la Drang Valley, Republic of Vietnam, 19 June 1966. Entered service at: Atlanta, Ga. Born: 7 December 1941, Cordelle, Ga. Citation: For conspicuous gallantry and intrepidity in action at the risk of his life above and beyond the call of duty. Capt. Ray distinguished himself while serving as a platoon leader with Company A. When 1 of his ambush patrols was attacked by an estimated reinforced Viet Cong company, Capt. Ray organized a reaction force and quickly moved through 2 kilometers of mountainous jungle terrain to the contact area. After breaking through the hostile lines to reach the beleaguered patrol, Capt. Ray began directing the reinforcement of the site. When an enemy position pinned down 3 of his men with a heavy volume of automatic weapons fire, he silenced the emplacement with a grenade and killed 4 Viet Cong with his rifle fire. As medics were moving a casualty toward a sheltered position, they began receiving intense hostile fire. While directing suppressive fire on the enemy position, Capt. Ray moved close enough to silence the enemy with a grenade. A few moments later Capt. Ray saw an enemy grenade land, unnoticed, near 2 of his men. Without hesitation or regard for his safety he dove between the grenade and the men, thus shielding them from the explosion while receiving wounds in his exposed feet and legs. He immediately sustained additional wounds in his legs from an enemy machinegun, but nevertheless he silenced the emplacement with another grenade. Although suffering great pain from his wounds, Capt. Ray continued to direct his men, providing the outstanding courage and leadership they vitally needed, and prevented their annihilation by successfully leading them from their surrounded position. Only after assuring that his platoon was no longer in immediate danger did he allow himself to be evacuated for medical treatment. By his gallantry at the risk of his life in the highest traditions of the military service, Capt. Ray has reflected great credit on himself, his unit, and the U.S. Army. 
    1987 - Ben & Jerry Ice Cream and Grateful Dead's Jerry Garcia 
announce new Ice Cream flavor: Cherry Garcia. 
http://table.mpr.org/recipes/dessert_garcia.html 
http://www.hotshotdigital.com/WellAlwaysRemember.4/JerryGarcia.html 
    1988 - Temperatures soared above 100 degrees in the central U.S. for Father's Day. Fifteen cities reported record high temperatures for the date. Severe thunderstorms in Minnesota and Wisconsin produced softball size hail near River Falls, WI, and wind gusts to 80 mph at Menomonie, WI. 
    1988 - No. 1 Billboard Pop Hit: "Foolish Beat," Debbie Gibson. 
    1989 - Fourteen cities reported record high temperatures for the date as searing heat spread from the southwestern deserts into the High Plains Region. Record highs included 98 degrees at Billings, MT, 107 degrees at Valentine, NE, and 112 degrees at Tucson, AZ. 
    1992 - Two batches of severe thunderstorms, occurring within 6 hours of each other, dumped hailstones up to 4.5 inches in diameter across Sedgwick and surrounding counties in south-central Kansas. Over 10,000 homes were damaged. The hail left wheat fields in a near total loss. Estimated property damage totaled $500 million with crop damage at $100 million. The thunderstorm episode ranks as one for the worst ever to hit Kansas. 
    1997 - The Andrew Lloyd Webber musical "Cats" became the longest-running show in Broadway history. The 6,138th performance of the musical broke the record held by "A Chorus Line." 
    1998 - Loretta Lynn makes a special appearance on the Friday Night Opry, opening with her first No. 1 country hit, "Don't Come Home A-Drinkin'," from 1966, and follows with "We've Come a Long Way Baby" from 1978. To round out her night, Lynn performs "How Great Thou Art" without accompaniment, for which she receives a standing ovation and finishes with her signature tune "The Coal Miner's Daughter." 
    2000 - The Los Angeles Lakers begin their three winning games with a victory of the Indiana Pacers, and the fans went nuts!!!! Though the Pacers drubbed the Lakers 120-87 in Game 5, the series was wrapped up by Los Angeles on its home floor in Game 6, a 116-111 decision that set off riots in the streets outside Staples Center.
http://www.cnn.com/2000/US/06/20/lakers.violence/ 
    2012 – Wikileaks founder Julian Assange requested asylum in London's Ecuadorian Embassy for fear of extradition to the US after publication of previously classified documents including footage of civilian killings by the US Army.  Assange founded WikiLeaks in 2006 but came to global prominence in 2010 when WikiLeaks published a series of leaks, provided by Chelsea Manning. In November, 2010, a request was made for Assange's extradition to Sweden, where he had been questioned months earlier over allegations of sexual assault and rape.  Assange continued to deny the allegations, and expressed concern that he would be extradited from Sweden to the United States due to his perceived role in publishing secret American documents.  Assange surrendered himself to UK police on 7 December 2010 and was held for ten days before being released on bail. He sought and was granted asylum by Ecuador in August, 2012. He had since remained in the Embassy of Ecuador in London, and was unable to leave without being arrested for breaching his bail conditions.  During the US Presidential election campaign in 2016, WikiLeaks became a major source of leaked communications involving Donald Trump, Hillary Clinton, Clinton campaign chair, John Podesta, and the Democratic National Committee, the latter forcing the ouster of then Chair, Debbie Wasserman Schultz.  On 11 April 2019, Assange's asylum was withdrawn following a series of disputes with the Ecuadorian authorities. The police were invited into the embassy, and he was arrested.  Later that day he was found guilty of breaching the Bail Act and on 1 May 2019 he was sentenced to 50 weeks in prison in the United Kingdom. On the same day, the United States government unsealed an indictment against Assange for alleged computer intrusion, related to the leaks provided by Chelsea Manning. On 23 May 2019, the United States government further charged Assange with violating the Espionage Act of 1917. Executive editors from top newspapers including The Washington Post and The New York Times criticized the government's decision to charge Assange under the Espionage Act.  As a result of the revocation of his asylum, and at the request of his alleged rape victim's lawyer, Swedish prosecutors reopened their investigation in May 2019.  Assange is incarcerated in HM Prison Belmarsh
  
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Observations from the Front Porch by Jim Acee
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Recruiter Hal T. Horwitz Speaks Out
Sales Make it Happen
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The Secret of Our Success
The Top Performer’s Corner
To Tell the Truth
TV Reviews by Kit Menkin
View from the Top
Why I Became a CLP


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Top Stories

(chronological order)

- CLFP Foundation Grows to 754 Active Members
    Adds 69 Individuals through April/May Exams
- Letters! We Get Email
   Parrotto/North Mill/Calif. New Law/How Many Brokers?
- "We’re still getting residuals from a company 14 years later.”
     Phil Dushey, President, Global Financial Services
- 2018 Leasing News Person of the Year Award
   Presentation to Jerry Parrotto
- Mystery Solved on NACLB Named “Association”
   By Monitor Magazine
- Bulletin Board Complaint
   Anuva Capital, Buena Park, California
- AACFB 2019 Annual Conference Report
- deBanked New York City Broker Fair 2019
- Women's Lunch at AACFB Conference
- Rumor Floating Around the AACLB Conference re: Date
   of Implementation of California New Interest Disclosure Law
- Vermont Added to States Require Residual Notification
- What Makes the Perfect Credit Manager?
- ELFA Legal Forum San Diego, California Report
- More on Merger Neuman Fin./Beneficial Equipment Fin
-
Letters! We Get Email
- Lessors.com Appears Stagnant/Last Post April 10th
- CLFP Foundation Releases Seventh Edition Handbook
- Map: The Salary Needed to Buy a Home in 50 U.S. Metro Areas
- Report Misleads More Businesses Applied for MCA
  than Leasing: 2018 Federal Reserve Survey Report
- Small Business Credit Survey 2019
   Use of Financing and Credit -Federal Reserve
- Semi-Confirmed: Amur Equipment Finance
   Acquired by PIMCO’s Private Equity Group
- BAMFi Processes $1 Billion in Transactions
- ELFA Opens Forum for Members
- Women at NEFA Lunch
- Company Allegedly Not Paying Broker
   for Two Companies Who Renewed
- Highlights Marlin Business Services Corp. 10K
- Merchant Cash Advance APR Calculator
- Terry Jennings, CLFP, Promoted to President
- SpamArrest Recommended by Kit Menkin
- Not Many Franchise Funders Work with Brokers
- Top Four Leasing Company Websites in North America
- Marlin Business Services Changes Name and Logo
  Now "Rebranding" as Marlin Capital Solutions
- Reactions: Gerald "Jerry" Parrotto
- Gerald "Jerry" Parrotto
   2018 Leasing News Person of the Year
- Secured Lending Confidence Index: Strong Optimism
- OnDeck To Enter Equipment Financing Market
- Ten Ways to Reduce Attorney Fees for Outside Counsel
- Fred Van Etten, President, Midland Equipment Finance
   Plays Golf with former President George H.W. Bush
- Marshall Goldberg Reports California Senate Bill 1235
   Will Not Become Effective Before Year End 2019
- Mazuma Up to Old Tricks, Been Following for Years
- Day in the Life" from Chris Enbom, CLFP
- Top Ten Business Challenges to Finance/Leasing
- Balboa Capital Gets Slammed for Lessee’s Attorney Fees
   for $429,000 as a Result of Lying to Lessee
- Top Six Leasing Company Websites
- 63 Banks, Finance, and Leasing Companies Hit
   With Losses over $7 Million after Some Recoveries
- How Fraud Worked in 63 Banks, Finance, Leasing Companies
  Losses over $7 Million after Some Recoveries
He’s Back! Trebels Says He Has Completed More than $1 billion
    in Transactions Service More than 100 lenders and Investors
- Top Six Leasing Company Websites
- Merchant Advance, Factor, Leasing, Loans Merchant Database
- Changes at Amur Financial Group
- Sudhir P. Amembal 40th Anniversary
- Menzel on Bob Fisher July 18, 2000 Capital Stream
- The Inside on What is Going On at Amur Financial Group
- Don't Get Fooled by these Common UCC Filing Myths
- The 1 networking rule 99% of people are afraid to follow, but should!
- Takeaways from the 2018 Credit Manager Survey
- Equipment Finance Merger & Acquisition Interest Strong
- The Growth of Commercial Loan Brokers
   Goodbye “Lease Consultant” Title
- Leasing Broker in Massachusetts Sentenced
- Types of Fraud
-The Necessity of Landlord Waivers
- Vendors’ Number One Problem, Not the Applicant
- How to Get to "Groups" in LinkedIn
- Advanced Execution of Acceptance Certificates
- 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
- 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