Friday, June 26, 2019
Today's Leasing News Headlines
Believe in Yourself
Placard
New Hires/Promotions in the Leasing Business
and Related Industries
Maxim Commercial Capital Closes Tough Deals
for Brokers and "Gets Deals Done Together"
Leasing Industry Ads---Help Wanted
Credit Analyst w/Franchise Experience – Sales
Current Expansion to Become the Longest Ever - Chart
Length of Economic Expansions in the US Since WW II
The Biggest Bankruptcies in the U.S.
and What Triggered Them
Ameris Bank Introduces Equipment Financing Solutions
Hires Seven Experienced Personnel
Toy Story/The Last Black Man in San Francisco
The Man Who Killed Don Quixote/Apollo 11
Film/Digital/Netflix Reviews by Leasing News' Fernando Croce
Labrador Retriever Mix
Troy, Michigan Adopt a Dog
Shari Lipski, CLFP and Dale Kluga
to Co-Chair NEFA October Funding Symposium
News Briefs---
Defying the digital wave, Chase opens
one of its largest branches in the country
Here's the Full List - More than 7,100 stores are closing
in 2019 as the Retail Apocalypse Drags on —
Amazon Jumps into Freight Brokerage
Up and Running since 2018
Ford to Cut 12,000 Jobs in Europe
and Shut Down Five Plants There
Trade War Has Damaged U.S. Chip Industry
in Ways a Deal May Never Fix
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.
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[headlines]
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[headlines]
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New Hires/Promotions in the Leasing Business
and Related Industries
Jeremy Borkowski was hired as Managing Director, Corporate Finance, Crestmark, a Division of MetaBank, Troy, Michigan. He is located in Exton, Pennsylvania. Previously, he was Senior Director, PNC (August, 2015 - May, 2019). He joined ITT Capital Finance in 1992 as Analyst, leaving in 1994. Commercial Credit Analyst, Continental Bank (1991 - 1993). Volunteer: Advisor, SBA Small Business College. Education: Saint Joseph's University, BS, Finance (1987 - 1991). Activities and Societies; Pi Kappa Phi. https://www.linkedin.com/in/jeremy-borkowski-6372384/
Cary Calkin was hired as Senior Vice President and Chief Operating Officer at Wintrust Specialty Finance (WSF), a division of Beverly Bank & Trust Company NA, Irvine, California. "Calkin has more than 25 years of experience in professional leadership roles in banking and financial services. Previously, he held senior management roles in credit risk and credit administration, including roles as interim Chief Credit Officer, Director of Internal Asset Review and Director of Credit Review at organizations that include Comerica Bank, U.S. Bank and Banc of California. He has a degree in economics from the University of California, Berkeley."
Casey Holyk was promoted to Director of Client Development, Quiktrak, Portland, Oregon. He joined the firm April, 2015, as Director of Operations, Auto Division and Inspection Services. Previously, he was at Manheim, starting January, 2001, as Dealer Sales Representative; promoted June, 2005, Dealer Sales Manager; promoted July, 2008, Regional Sales Manager-West; promoted January, 2010, Assistant General Manager. Education: University of Phoenix, Bachelors of Science in Business Management, Current Student. https://www.linkedin.com/in/casey-holyk/
Peter Johnson was promoted to Chief Executive Officer, Mobilease, Inc., Houston, Texas. He joined the firm 2001 as Executive Vice President. Education: University of Houston. Southern Methodist University. Cate.
https://www.linkedin.com/in/peter-johnson-15176921/
Philip Kim was promoted to Credit Manager, Partners Capital Group, Santa Ana, California. He joined the company May, 2017, as Senior Underwriter. Previously, he was Account Executive, Providence Capital Funding, Inc. (December, 2016 - May, 2017); Operations Manager, Kim's Tailoring (August, 2016 - December, 2016); Recruiter, HomeSmart Realty Group (May, 2016 - July, 2016); Senior Account Executive, ASAP Funder (July, 2015 - June, 2016); Field Marketing Representative, M&M Media, Inc. (February, 2015 - August, 2015); Junior Account Executive, ICNM (May, 2014 - August, 2014); Media Strategist, California State University, Fullerton (August, 2013 - December, 2013); Student Intern: Financial Adviser & Media Strategist, EdVenture Partners (August, 2013 - December, 2013). Volunteer: Founder and Coordinator, Dancing with Faith (Disaster and Humanitarian Relief). Education: Seoul National University, Korean Language and Literature (2016). Seoul National University International Summer Institute). California State University, Fullerton. Bachelor of Arts, Communications; Advertising (2010 - 2014). McLean High School, High School Diploma (2004 - 2008). Activities and Societies: Key Club, Future Business Leader of America, Varsity Lacrosse, Varsity Cross Country, Varsity Wrestling. https://www.linkedin.com/in/philip-kim-a8412773/
Branden Mennitt was hired as Business Development Representative, Pawnee Leasing Corporation, Fort Collins, Colorado. "Mr. Mennitt will be responsible for enhancing the Company’s development and expansion of originations with its existing and new broker partners primarily in the Company’s eastern territory." Previously, he was a General Laborer, Environmental Logistics (May, 2016 - May, 2019); Sales Associate, Eddie Bauer (February, 2015 - May, 2105); Sales Representative, Keystone Activities and Dining (June, 2014 - September, 2014). Education: University of Northern Colorado. Bachelor of Arts (B.A.), Political Science, with minors in Sociology and Legal Studies. Activities and Societies: Member of the Sociology Club and Law Club. https://www.linkedin.com/in/branden-mennitt-0b56b9139/
Jason Young was promoted to Assistant Vice President, First American Equipment Finance, Rochester, New York. He joined the firm June, 2018, as Sales Support Intern; promoted, January, 2019, Finance Specialist. Previously, he was Financial Planning Intern, Foresters Financial Services (January, 2018 - April, 2018); Recruiting Intern, Vortex Consulting (May, 2014 - August,, 2016). Education: SUNY Geneseo. Bachelor's degree, Business Administration and Management, General. (2016 - 2019). Activities and Societies: Beta Gamma Sigma. https://www.linkedin.com/in/jason-y-76bbb8165/
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Help Wanted Ads
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Maxim Commercial Capital Closes Tough Deals
for Brokers and "Gets Deals Done Together"
RECENT TRANSACTIONS
Growth Capital for Operator of Assisted Living Homes
An owner-operator of residential assisted living and hospice-care homes in Southern California was at full capacity. She had an opportunity to buy an additional residence, but could not get purchase financing due to low credit scores.
Maxim Funded: $800,000; 60 month term
Collateral: First lien on newly-acquired assisted living home and junior liens on 4 existing properties:
1. Borrower’s primary residence
2. 2 assisted living homes at full capacity
3. Rental property
Two separate escrows were held in tandem to fulfill our new borrower’s capital needs.
Capital for Improvements of Hotel and Rental Properties
The owner-operators of a hotel and rental properties in Myrtle Beach, South Carolina wanted to upgrade their properties before summer’s busy season. Both business owners had fair credit, but could not close traditional bank financing quickly enough to meet their needs.
Maxim Funded: $350,000; 60 month term
No prepayment penalty after 6 months of timely payments.
Collateral: Second liens on one borrower’s primary residence and 2 rental residential properties; first lien on hotel FF&E.
2009 MACK GU713 Quad-Axle Dump Truck
Purchase Financing for Family-owned Dump Truck Operator
A member of a family-owned construction business with a Department of Transportation contract in North Carolina to haul rock, sand and gravel wanted to buy an additional dump truck to expand its business. The borrower’s previous late auto loan and mortgage payments made it difficult for him to finance the purchase with bank debt.
Maxim Funded: $55,000 (56% LTV); 42 month term
Collateral: 2009 MACK GU713 Quad-Axle Dump Truck
MORE Fundings
Financing Programs
Click icons to learn more.
Owner-Operator Truck Financing
Easy app and no minimum FICO gets owner-operators and business owners the trucks they want. Up to $55,000 funded; up to 75% LTV.
Heavy Equipment Financing
Fast and flexible leases and loans put heavy equipment to work for business owners. $20,000 - $250,000 funded; up to 65% LTV.
Real Estate Financing
Creative loan structures transform underleveraged residential and commercial real estate into growth capital. $100,000 - $3MM funded; up to 70% LTV/LTC.
Structured Financing
Custom 6-60 month solutions for business expansion, turnarounds or refinancing short-term debt. $20,000 - $3MM funded; up to 65% LTV for Heavy Equipment and 70% LTV/LTC for Real Estate.
Hope to see you at AACFB in Orlando, NACLB in Vegas or CFA in New York!
Dana Freeman
Director - Broker Relations
(213) 425-3163
Maxim Commercial Capital
11620 Wilshire Blvd., Suite 540
Los Angeles, CA 90025
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On September 20, 2010, the National Bureau of Economic Research (NBER), the semiofficial chronicler of economic cycles in the United States, announced that June 2009 marked a trough in business activity signaling the end of the recession that began in December 2007 and the beginning of an expansion. Identifying the date of a trough/peak in economic activity is a complex task carried out by the Business Cycle Dating Committee, a panel of 10 renowned economic researchers that involves weighing the behavior of various indicators to pinpoint turning points in economic activity as accurately as possible.
Ever since the September 2010 announcement, the Committee has been remarkably quiet, mainly thanks to the fact that the expansion that started in June 2009 is still ongoing and thus on track to become the longest one ever. “If the United States makes it past July 1 without a recession, the current economic recovery will turn out to have been the longest in American history”, James Poterba, Professor of Economics at MIT and President of the National Bureau of Economic Research, said in an interview with the New York Times earlier this month, only to add that “we won’t know on July 1 that we are not already in a recession”. So while the probability of July marking the 121st month of what would then be the longest expansion in history is high, we’ll have to wait a couple of months for the Business Cycle Dating Committee to review all relevant data until we can pop the champagne.
As the following chart shows, the current expansion is already the joint leader for the longest ever, matched only by the expansion that lasted from March 1991 to March 2001 and culminated in the bursting of the dot-com bubble. While it may soon be the longest, the current expansion certainly isn’t the strongest in history. With average annual GDP growth of 2.3 percent, the ongoing upturn is in fact the second slowest since the end of World War II.
By Felix Richter, Statista
https://www.statista.com/chart/18513/length-of-us-expansions/
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The Biggest Bankruptcies in the U.S.
Here are the 20 biggest bankruptcies in U.S. history, and what triggered them:
Rank |
Company |
Year |
Assets at Bankruptcy |
Downfall |
#1 |
Lehman Brothers |
2008 |
$691 billion |
2008 financial crisis |
#2 |
Washington Mutual |
2008 |
$328 billion |
2008 financial crisis |
#3 |
Worldcom Inc. |
2002 |
$104 billion |
Accounting scandal |
#4 |
GM |
2009 |
$82 billion |
Massive debt |
#5 |
CIT Group |
2009 |
$71 billion |
Credit crunch |
#6 |
Pacific Gas & Electric |
2019 |
$71 billion |
Wildfires |
#7 |
Enron |
2001 |
$66 billion |
Fraud |
#8 |
Conseco |
2002 |
$61 billion |
Failed acquisition strategy |
#9 |
MF Global |
2011 |
$41 billion |
European sovereign bonds |
#10 |
Chrysler |
2009 |
$39 billion |
Massive debt |
#11 |
Thornburg Mortgage |
2009 |
$37 billion |
Declining mortgage values |
#12 |
Pacific Gas & Electric |
2001 |
$36 billion |
Drought |
#13 |
Texaco |
1987 |
$35 billion |
Contract dispute |
#14 |
FCOA |
1988 |
$34 billion |
Savings and loan crisis |
#15 |
Refco |
2005 |
$33 billion |
Accounting fraud |
#16 |
IndyMac Bancorp |
2008 |
$33 billion |
Mortgage market collapse |
#17 |
Global Crossing |
2002 |
$30 billion |
Plummeting world economy |
#18 |
Bank of New England |
1991 |
$30 billion |
Bad loans |
#19 |
General Growth Properties |
2009 |
$30 billion |
Failed acquisition strategy |
#20 |
Lyondell Chemical |
2009 |
$27 billion |
Decline in demand |
The data set on the biggest bankruptcies is organized by assets at time of bankruptcy. Therefore, they are not in inflation-adjusted terms, meaning the list skews towards more recent events.
This makes the impact of the 2008 financial crisis particularly easy to spot.
The events and consequences relating to the crisis (loan defaults, illiquidity, and declining asset values) were enough to take down banks like Lehman Brothers and WaMu. The after effects – including a slumping global economy – led to a second wave of bankruptcies for companies such as GM and Chrysler.
In total, nine of the 20 biggest bankruptcies on the list occurred in the 2008-2009 span.
https://www.visualcapitalist.com/the-20-biggest-bankruptcies-in-u-s-history/
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##### Press Release ############################
Ameris Bank Introduces Equipment Financing Solutions
Hires Seven Experienced Personnel
Ameris Bank offers a variety of customizable and flexible financing options for all types of industries. We now offer Equipment Financing solutions.
Our Equipment Finance team is here to ensure your business has the equipment and tools needed to grow your business. Our team is trained to work with you to provide strategic financing solutions, designed to preserve capital and not cut into your bottom line. Solutions we offer include Equipment Financing Loans, TRAC Leases and Equipment Revolving Lines of Credits. A few of our primary markets include construction, transportation, marine and healthcare. Learn more about our Equipment Financing solutions.
The Ameris Bank Equipment Financing Team is comprised of veterans who have deep expertise in the markets they serve enabling them to safely structure financing and leasing solutions that will best allow the customer to improve profitability and sustainability.
Meet the Team
Chris L. Regas – SVP, Equipment Financing President
Holding over 35 years of experience in the heavy equipment financing sector Chris heads up our Equipment Financing Division. Prior to joining Ameris Bank, he worked as the VP for U.S. Sales with Caterpillar Financial Services Corporation. Chris earned a bachelor’s of science degree from Vanderbilt University. He currently serves on the Board of Trustees for Flagler College in St. Augustine, Florida and the Board of Governors for San Jose Country Club.
Gary L. Young – SVP, Equipment Financing Credit
Gary has been in the equipment financing industry for over 40 years. Prior to joining Ameris Bank, he worked with Caterpillar Financial Services Corporation as the Credit Manager. Gary is a graduate of Georgia Southern University, where he received his bachelors of art degree in finance. He resides in Nashville with his wife Vicki and enjoys spending time with his four grandchildren.
Mike O’Hare – SVP, Sales
Mike holds over 30 years of experience in the financial industry. Prior to joining Ameris Bank, he worked as the Senior Vice President for Fleet Advantage, LLC and the SVP, Sales Director of Specialty Markets Groups for SunTrust Robinson Humphrey Equipment Finance Group. Mike earned a bachelor’s of science degree from the University of Florida. He serves as a board member for the Deerwood Rotary Club and has served as the board chairperson for the Guardian Catholic Schools and Caddy Shack Charity Golf Event.
John Marino – SVP, Sales Officer
John Marino has 30 years of experience in the financial services industry, with a vast majority of his experience in equipment financing. Prior to joining Ameris Bank, he worked as a Regional Manager for Caterpillar Financial Services Corporation. John earned a bachelor’s of art degree from St. Mary’s University and an MBA from St. Louis University. He has served as the President of the Board of Directors for Marianist Retreat and Conference Center, President of the St. Louis Chapter of the St. Mary’s Alumni Association and Chairman of Ascension Parish Archdiocesan Development Appeal.
Frank Young, SVP, Equipment Financing, Capital Markets
Frank possesses 40 years of experience in the banking and equipment financing industry. He has served as Senior Vice President of Commercial Lending at First City Bancshares (Houston, Texas) and Cullen Frost Bank (San Antonio, Texas) as well as senior credit, operations and sales management positions with Associates Commercial Corporation, General Electric Capital Corporation, The CIT Group and Caterpillar Financial Services Corporation. At The CIT Group, he held the positions of Senior Vice President of Credit and also Senior Vice President & Syndication Manager, in both instances reporting directly to the President of Western Operations of The CIT Group. At Caterpillar Financial Services Corporation, he served as U.S. Sales Manager of Capital Markets where he was responsible for the sale of large customer transactions as well as the sale of portfolios to manage credit risk.
Dan Farrell – SVP, Finance
Dan has spent more than 25 years in the specialty finance and structured product sectors. Most recently, he was Managing Partner at DB Capital (DBC), an alternative asset management firm. Dan was the Chief Executive Officer of one of DBC’s major holdings, Intermedium Financial, where his role included forming, capitalizing and managing this specialty finance company. Previously, Dan was Managing Director and Head of Structured Asset Finance (SAF) at Wachovia Securities where he was responsible for risk management, origination, distribution and structuring of a variety of structured financial product investments. Industries he was responsible for included Transportation Leasing, Equipment Finance and Structured Commercial Real Estate. Prior to his role in SAF, Dan was Co-Founder, President and Chief Underwriting Officer of BluePoint Re (a Wachovia Company). Dan holds an MBA from Fordham University.
Vince Cornnel – Regional Sales Manager, Transportation
Vince is the newest member to the Equipment Financing Team. He has extensive experience in providing equipment financing solutions to a variety of businesses and is an expert in vocational equipment design and finance. Prior to joining Ameris Bank, Vince served as vice president, business development for Fleet Advantage LLC and as national account sales executive for Paccar Leasing Company. Vince earned his certified Transportation Professional (CTP) certification in 2015 and has a bachelor’s degree from Marshall University.
Corporate Address| 24 Second Avenue SE, Moultrie, GA 31768
### Press Release ############################
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Fernando's View
By Fernando F. Croce
Animated blockbusters (“Toy Story 4”) and touching indies (“The Last Black Man in San Francisco”) contrast at the box-office, while new DVD releases offer heartfelt fantasy (“The Man Who Killed Don Quixote”), a thrilling documentary (“Apollo 11”), and a shimmering classic (“Swing Time”).
In theaters:
Toy Story 4 (Walt Disney Studios): Pixar’s most beloved series, the animated “Toy Story” franchise gets a visually inventive, emotionally rich sendoff with this fourth installment. When last seen, Woody (once more voiced by Tom Hanks) and the other toys were bidding farewell to Andy and finding new keepers. Now something of a relic, he watches over a makeshift toy named Forky (Tony Hale), who disappears during a family outing. The search leads to a fortress presided over by a doll named Gabby Gabby (Christina Hendricks) and her army of ventriloquist dummies. With the help of his friends Buzz (Tim Allen) and Bo Peep (Annie Potts), can Woody return to his heroic old ways? Brimming with sight gags and narrow escapes and a surprising melancholic streak, the film is an irresistible box of toys.
The Last Black Man in San Francisco (A24): Director Joe Talbot makes an impressive directorial debut with this Sundance award-winning indie, which touches on gentrification and racial tensions while telling a touching and poetic story. Jimmie (Jimmie Fails) and Montgomery (Jonathan Majors) are San Francisco friends trying to live the bohemian life, struggling with money yet defiantly creating art. Jimmie’s dream is to return to his childhood home, a gorgeous Fillmore house build by his grandfather. What follows is a journey that tests the main characters’ friendship while helping them discover a fuller sense of history and self. Painting a portrait of San Francisco that flows with vitality, humor, anger and even dashes of documentary, Talbot’s promising film leavens its sense of loss with a glimmer of hope.
Nextflix: A specialist in lavish romance, director Franco Zeffirelli (1923-2019) brought an operatic Italian touch to many an opulent production. So check out Netflix for his most famous films, which include “The Taming of the Shrew” (1967), “Romeo and Juliet” (1968), “Brother Sun, Sister Moon” (1972), and “Hamlet” (1990). |
|
On DVD:
The Man Who Killed Don Quixote (Warner Bros.): A passion project that has for over a decade persevered in the face of disaster, this comic adventure by director Terry Gilliam (“Brazil”) is at last available. Rather than a faithful adaptation of Cervantes’ classic tale, the plot uses it as a launching pad for a spirited clash of reality and fantasy centering on Tony (Adam Driver), a young advertising director struggling to put together a Don Quixote-themed commercial. With the aid of a gypsy and an old DVD, Toby finds an elderly Spanish cobbler (Jonathan Pryce) who’s convinced that he’s Don Quixote and that Toby is his faithful squire Sancho Panza. Jumping from a rickety set to lustrous 17th-century villages, Gilliam’s film is an absurdly touching ode to the powers of imagination.
Apollo 11 (Neon Releases): The original trip to the moon is brought thrillingly back to life in this inspiring documentary, which would make a terrific double-bill with last year’s “First Man.” The epochal 1969 mission is pieced together from NASA footage, giving a fresh perspective to the journey of astronauts Neil Armstrong, Buzz Aldrin and Michael Collins. Briskly giving emotional background stories to the three men, the film catapults them into outer space, alternating between the interior of the rocket and the army of technicians on the ground. Without relying on narration or interviews, the contents have more suspense or emotion than a superhero blockbuster. Blending the scientific research, cultural impact and the human elements of this “great day for mankind,” director Todd Douglas Miller engineers a magnificent real-life ride.
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Labrador Retriever/Great Dane Mix
Costa Mesa, California Adopt a Dog
Sky
"My name is Sky, and I am a wonderful young girl. I am about a year and a half old, and already spayed and have had all my shots. I am a black lab mix, and am all black, with a little white, and am a medium sized dog. I am really upbeat and love attention. I am a very smart young girl and really hope for a loving home to make me part of the family!"
Top Dog Rescue
topdogrescue1@aol.com
Tel 248-680-1426
Contact Us:
https://topdogrescue.wixsite.com/home/contact-us
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Shari Lipski, CLFP and Dale Kluga
to Co-Chair NEFA October Funding Symposium
Shari L. Lipski, CLFP, Principal, ECS Financial Services, and Dale Kluga, Providence Equipment Finance, a Division of Providence Bank & Trust, will co-chair the National Equipment Finance Association (NEFA) 2019 Funding Symposium, October 2, 2019 to October, 4, 2019.
JW Marriott Atlanta Buckhead
3300 Lenox Rd NE
Atlanta, Georgia 30326
United States
Mike Toglia, Executive Director & CEO of NEFA, said, "Large enough to be comprehensive, small enough to be friendly and casual. The Funding Symposium is a must-do event for sharing street-level intelligence and connecting with the funding sources and other services you need to continue building your business.
"If you are interested in chairing or volunteering on the conference committee and or have educational session / speaker suggestions, please reach out to me at:
E: mtoglia@nefassociation.org
P: (847) 562-5057”
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News Briefs----
Defying the digital wave, Chase opens
one of its largest branches in the country
https://www.crainsnewyork.com/finance/defying-digital-wave-chase-opens-one-its-largest-branches-country
Here's the Full List - More than 7,100 stores are closing
in 2019 as the Retail Apocalypse Drags on —
https://www.businessinsider.sg/stores-closing-in-2019-list-2019-3/
Amazon Jumps into Freight Brokerage
Up and Running since 2018
https://www.ttnews.com/articles/amazon-jumps-freight-brokerage
Ford to Cut 12,000 Jobs in Europe
and Shut Down Five Plants There
https://www.nytimes.com/2019/06/27/business/ford-jobs-europe.html
Trade War Has Damaged U.S. Chip Industry
in Ways a Deal May Never Fix
https://www.nytimes.com/2019/06/27/technology/trade-war-chipmakers.html
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You May Have Missed---
New flaw discovered on Boeing 737 Max, sources say
"another delay in recertifying the 737 Max"
https://www.cnn.com/2019/06/26/politics/boeing-737-max-flaw/index.html
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A Baseball Game (Free verse)
The ump showed up early.
Sharply dressed
His pants, meticulously creased.
His gold watch glinting in the 4 o'clock
End of March southern California sun.
He held a sour look
It was his first line of defense.
The manager of the Astros
Was what you might call
An easy going type.
A long-time bachelor, and a slob to boot.
He always had a quick sly grin
Popped his gum unceasingly.
His face like an old first-baseman's glove;
Tanned brown with wear,
The stitching undone,
Staggeringly wrinkled from so much daily use.
He strolled over to home,
Tugging at the bottom of his extra-large shirt
Which barely covered the expanse of his girth,
Slapped the ump on the back
and announced that the teams
were a little behind getting the field ready
and could we start the game at a quarter past?
The ump looked at his watch without saying a word
Held up his right hand for a moment,
Then brought it down like an ax,
"Play Ball!" he shouted
2 inches from the Astros manager's leathery face
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Sports Briefs---
Inside Nets’ biggest selling point to an angry Kevin Durant
https://nypost.com/2019/06/26/inside-nets-biggest-selling-point-to-an-angry-kevin-durant/
See Jerry Rice’s first photos as a 49er
(taken after his first time on a plane)
https://www.sfchronicle.com/oursf/article/See-Jerry-Rice-s-first-photos-as-a-49er-taken-14054357.php
Jimmy Garoppolo: We’ll really see where I am
“once the bullets start flying”
http://www.theredzone.org/Blog-Description/EntryId/77050/Jimmy-Garoppolo--We-ll-really-see-where-I-am--once-the-bullets-start-flying-
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California Nuts Briefs---
Napa unemployment rate hits 29-year low
https://napavalleyregister.com/news/local/napa-unemployment-rate-hits--year-low/article_7ac2d580-1663-5272-8db2-ba3e8dc2564e.html
California cities face $600K fines
if they break state housing law in Newsom’s budget deal
https://www.sacbee.com/news/politics-government/capitol-alert/article232023537.html?
San Francisco Bay Area home prices fall 1.7% in May,
biggest year-on-year drop in 7-plus years
https://www.sfchronicle.com/business/networth/article/Bay-Area-home-prices-fell-1-7-in-May-biggest-14056290.php
Tech mega-campus getting underway in downtown San Jose
"As many as 7,000 people could work here"
https://www.mercurynews.com/2019/06/26/tech-mega-campus-gets-underway-downtown-san-jose-google-adobe/
1 in 5 homeless people in Sacramento County are 55 or older
Trend is likely to worsen
https://www.sacbee.com/news/local/article231991807.html?
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“Gimme that Wine”
http://www.youtube.com/watch?v=EJnQoi8DSE8
"Son of Granholm" - Reactions to Ruling in Tennessee Case
https://www.winebusiness.com/news/?go=getArticle&dataId=215974
Wine Set to Flow Freely Between Canada's Provinces
https://www.winebusiness.com/news/?go=getArticle&dataId=215979
Napa Wine Giant Michael Mondavi
on His Favorite Role in the Business
https://www.breakthrubev.com/news/2019/meet-michael-mondavi?sfns=mo
Anthony Bourdain and the Power of Telling the Truth
https://www.newyorker.com/culture/annals-of-gastronomy/anthony-bourdain-and-the-power-of-telling-the-truth
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]
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This Day in History
1451 - An eclipse occurred that allegedly prevented the outbreak of war between the Mohawk and the Seneca Indians.
1687 - The first Knighthood conferred on a person born in America was awarded at Windsor Castle, England, by King James II to William Phips(Phipps), for his fair distribution of 34 tons of silver, gold, and jewels valued at $1,350,000 that he salvaged from a sunken Spanish ship that had lain in the sea near the Bahamas Islands for 44 years. Phips was born on February 2, 1651, at Pemaquid (now Bristol), ME.
1745 – A New England colonial army, aided by a British fleet, captured the French fortifications at Louisbourg, the capital of the French province of Ile-Royale (present-day Cape Breton Island) during the War of Austrian Succession, known as King George’s War in the British colonies.
1770 - Quakers open school for Blacks in Philadelphia.
1776 - Jefferson's document was placed before the Congress after some minor changes by Adams and Franklin. This event was immortalized in the painting by John Trumball.
1776 - Colonists repulsed a British sea attack on Charleston, South Carolina.
1776 - Thomas Hickey, Continental Army private and bodyguard to General Washington, was hanged for mutiny and sedition.
1778 - "Molly Pitcher," Mary Ludwig Hays McCauley, wife of an American artilleryman, carried water to the soldiers during the Revolutionary War Battle of Monmouth, N.J. and, supposedly, took her husband's place at his gun after he is overcome with heat.
1778 - History records the first Revolutionary War conflict in which American and British troops met on equal terms was the Battle of Monmouth Courthouse, Freehold, NJ. The Americans under General George Washington lost 69 killed and 160 wounded. The British under Sir Henry Clinton lost 300 killed and 100 wounded or captured. The Battle of Monmouth in central New Jersey was fought in sweltering heat. The temperature was 96 degrees in the shade and there were more casualties from the heat than from bullets.
http://users.rcn.com/gvalis/ggv/battles/Monmouth.html
1812 - After much debate in Congress between “hawks” such as Henry Clay and John Calhoun, and “doves” such as John Randolph, Congress issued a declaration of war on Great Britain. The action was prompted by Britain's violation of America's rights on the high seas and British incitement of Indian warfare on the frontier. War was seen by some as a way to acquire Florida and Canada. The hostilities ended with the signing of Treaty of Ghent on December 24, 1814, at Ghent, Belgium.
1846 – Adolph Saxe of Belgium patented the saxophone.
1855 – Sigma Chi fraternity was founded at Miami University of Ohio, by members who split from the Delta Kappa Epsilon fraternity.
1862 - The siege of the Confederate city of Vicksburg, MS, began in earnest when Admiral David Farragut succeeded in taking a fleet past the Mississippi River stronghold.
http://battlefieldvacations.com/miss/vicksb.asp
http://www.nps.gov/vick/vcmpgn/siege.htm
http://www.proseandphotos.com/vicksburg,_ms.htm
http://www.henry.k12.ga.us/pges/kid-pages/cw/farragut.html
http://bulldog2.berwick-academy.so-berwick.pvt.k12.me.us/projects/
history/David_Farragut.html
http://www.us-civilwar.com/farragut.htm
(He is best remembered as being the Union's only Admiral and for saying “Damn the torpedoes. Full speed ahead.” In those days, by the way, a torpedo was a mine in the water. To halt ships’ entrance in the water, especially around harbors, floating mines or tied to a chain were very commonly deployed).
1865 – Following the Confederacy surrender to Gen, Grant, the Union Army of the Potomac disbanded. After Gettysburg, corps were added and subtracted from the Army, reassigned on a need basis to other divisions. The last corps were two divisions of the Cavalry Corps that transferred in August 1864 to Maj. Gen. Sheridan’s Army of the Shenandoah, and the Army of the Potomac’s 2nd Division alone remained under Gen. Meade's command. On March 26, 1865, that division was also assigned to Sheridan for the closing campaigns of the war.
1888 - Robert Louis Stevenson leaves San Francisco on his first voyage to the South Seas.
1894 – Labor Day became an official holiday.
1902 - Birthday of songwriter Richard Rodgers (d. 1979), New York City, NY. An American composer of music with over 900 songs and 43 Broadway musicals, he left a legacy as one of the most significant composers of 20th-century American music. He is best known for his songwriting partnerships with the lyricists Lorenz hart and Ocsar Hammerstein II. His compositions have had a significant impact on popular music. Rodgers was the first person to win what are considered the top American entertainment awards in television, recording, movies and Broadway – an Emmy, Grammy, Oscar and Tony — now known collectively as an EGOT. In addition, he was awarded a Pulitzer Prize, making him one of only two people to receive all five awards (Marvin Hamlisch is the other).
http://home.istar.ca/~townsend/_private/composer/rodgers.htm
http://www.nodanw.com/biographies/rodgers_hart.htm
http://www.kennedy-center.org/programs/specialevents/honors/
history/honoree/rodgers.html
1902 - The Isthmian Canal Act was passed by Congress. It authorized financing and building of a canal across the Isthmus of Panama, and authorized an alternative route across Nicaragua in the event the president could not obtain a concession from the Panama Canal Company of France (which he eventually did for $40,000,000) and negotiate a proper treaty with Colombia. Treaty difficulties were obviated by the successful rebellion and separation of Panama from Colombia in November, 1903. The new republic immediately granted a ten-mile-wide strip of land for the canal.
1907 - Birthday of composer-arranger Jimmy Mundy (d. 1983), Cincinnati, Ohio.
http://www.centrohd.com/biogra/m2/jimmy_mundy_b.htm
http://www.loc.gov/rr/perform/basiestocks.html
(he boasted a book of 70 Basie arrangements)
1909 - Eric Ambler (d. 1998) was born in London, England. Author, widely regarded, with Somerset Maugham & Graham Greene, as a pioneer of espionage and crime fiction. Used the pseudonym Eliot Reed on four novels written with Charles Rodda. 1964 Edgar winner, later named a Grand Master by the Mystery Writers of America. Wrote a series of great spy novels. One of my favorites, so he gets listed here.
http://www.kirjasto.sci.fi/eamber.htm
1914 - Archduke Ferdinand of Austria and his wife Sofia were assassinated in Sarajevo by a Bosnian Serb, setting off a chain of events that lead to World War I.
http://memory.loc.gov/ammem/today/jun28.html
1914 - Birthday of bluegrass musician and singer Lester Flatt (d. 1979), born in Overton County, Tennessee. Flatt, his partner Earl Scruggs and their band, the Foggy Mountain Boys, did more than any other group to bring bluegrass music to the attention of the mass audience in the 1960's. Flatt and Scruggs' "The Ballad of Jed Clampett" from "The Beverly Hillbillies" TV show was a hit in 1962. Their recording of "Foggy Mountain Breakdown," which they had originally waxed in 1949, reached the Billboard Hot 100 chart in 1968 after it was used in the film "Bonnie and Clyde." When Lester Flatt and Earl Scruggs' musical partnership ended in 1969, they had been together for more than 20 years.
1922 - Birthday of Dean Benedetti (d. 1957), Ogden, Utah. Saxophone player best known for amateur live recordings he made of fellow saxophonist Charlie Parker.
http://www.mosaicrecords.com/DisplaySelectionDetail.asp?SelectionID=1
http://jazzinstituteofchicago.org/index.asp?target=/jazzgram/people/benedetti.asp
http://www.grafik-tips.org/weblog/texte/bird.html
http://www.kyushu-ns.ac.jp/~allan/Documents/CP_S_48-50.html
1923 - Birthday of trumpet player Pete Condoli, born Walter Joseph Candoli (d. 2008), Mishawaka, IN.
http://www.srirecords.com/condoli.html
1924 - A massive F4 tornado hit Sandusky, Ohio, moved across Lake Erie, and then tore through Lorain, Ohio. 85 people killed and total damage was $12.5 million.
1925 - Birthday of George Morgan (d. 1975), one of country music's earliest crooners, born in Waverly, Tennessee. He was the writer and singer of "Candy Kisses," the biggest country song of 1949. Morgan's recording went to number one and sold a million copies, while a cover version by Elton Britt was number three on the country chart. Morgan's smooth, easy style was featured on such early '50s country hits as "Room Full of Roses," "Cry Baby Heart" and "I'm in Love Again." He died of a heart attack in July 1975 just as his career was beginning to rebound.
1928 - Louis Armstrong records the classic, “West End Blues,” (Okey 87597)
http://www.libertyhall.com/stamp/westend.html
http://www.pbs.org/jazz/biography/artist_id_armstrong_louis.htm
1940 - Congress approved the Alien Registration Act. During the period from August 27, 1940 to December 26, 1940, the number of non-citizens who registered was 4,741,971.
1944 - "The Alan Young Show" debuted on NBC radio. It was a summer replacement for the popular Eddie Cantor. The show became a regular in the fall NBC lineup. Young, incidentally, made the switch to TV in 1961. He became a CBS star with a talking horse, of course, of course, named "Mister Ed."
http://www.mister-ed.tv/Alan%20Young's%20Bio.htm
http://www.colemanzone.com/Time_Machine_Project/filby.htm
1949 - All 12 of the women who were the first to be admitted to Harvard Medical School in 1945 (YES, 1945 and then only because there weren't enough young men around because of World War II enlistments), graduated, two as cum laude. None flunked out as predicted and the walls did not tumble in, nor was the future of the medical profession irreparably harmed.
1948 - No. 1 Billboard Pop Hit: "Woody Wood-Pecker," Kay Kyser Orchestra. The song tops the Billboard singles chart for six weeks and sells more than 1 million copies.
1951 - “Amos and Andy” premiered on TV; based on the popular radio show about black characters played by white dialecticians Freeman Gosden and Charles Correll. It became the first dramatic series with an all-black cast to appear on television. The cast included Tim Moore, Spencer Williams, Alvin Childress, Ernestine Wade, Amanda Randolph, Johnny Lee, Nick O'Demus and Jester Hairston. The series was widely syndicated until pressure from civil rights groups, who claimed the show was stereotypical and prejudicial, caused CBS to withdraw it from syndication. Today, it is considered derogatory and re-runs are rare. It was one of the most popular radio and television shows of all time.
1955 - Top Hits
“Cherry Pink and Apple Blossom White” - Perez Prado
“Rock Around the Clock” - Bill Haley & His Comets
“Unchained Melody” - Al Hibler
“Live Fast, Love Hard, Die Young” - Faron Young
1960 - Birthday of Denver Bronco quarterback John Albert Elway, Port Angeles, WA.
1963 - Top Hits
“Sukiyaki” - Kyu Sakamoto
“Blue on Blue” - Bobby Vinton
“Those Lazy-Hazy-Crazy Days of Summer” - Nat King Cole
“Act Naturally” - Buck Owens
1964 - No. 1 Billboard Pop Hit: "I Get Around," The Beach Boys.
1965 - Dick Clark's Rock and Roll TV show, “Where the Action Is,” premieres on ABC-TV. Guests include Jan and Dean, Dee Dee Sharp and newcomers Paul Revere and The Raiders, who steal the show with their stage antics and Revolutionary War costumes.
1968 - President Lyndon B. Johnson approved Public Law 90-363, which amended section 6103(a) of title 5, United States Code, establishing Monday observance of Washington's Birthday, Memorial Day, Labor Day, Columbus Day and Veterans Day. The new holiday law took effect Jan 1,1971. Veterans Day observance subsequently reverted to its former observance date, Nov 11.
1968 - The Rascals claim gold record number three for their hit, "A Beautiful Morning."
1968 - SANTIAGO-COLON, HECTOR, Medal of Honor
Rank and organization: Specialist Fourth Class, U.S. Army, Company B, 5th Battalion, 7th Cavalry, 1st Cavalry Division (Airmobile). Place and date: Quang Tri Province, Republic of Vietnam, 28 June 1968. Entered service at: New York, N.Y. Born: 20 December 1942, Salinas, Puerto Rico. Citation: For conspicuous gallantry and intrepidity in action at the risk of his life above and beyond the call of duty. Sp4c. Santiago-Colon distinguished himself at the cost of his life while serving as a gunner in the mortar platoon of Company B. While serving as a perimeter sentry, Sp4c. Santiago-Colon heard distinct movement in the heavily wooded area to his front and flanks. Immediately he alerted his fellow sentries in the area to move to their foxholes and remain alert for any enemy probing forces. From the wooded area around his position heavy enemy automatic weapons and small-arms fire suddenly broke out, but extreme darkness rendered difficult the precise location and identification of the hostile force. Only the muzzle flashes from enemy weapons indicated their position. Sp4c. Santiago-Colon and the other members of his position immediately began to repel the attackers, utilizing hand grenades, antipersonnel mines and small-arms fire. Due to the heavy volume of enemy fire and exploding grenades around them, a North Vietnamese soldier was able to crawl, undetected, to their position. Suddenly, the enemy soldier lobbed a hand grenade into Sp4c. Santiago-Colon's foxhole. Realizing that there was no time to throw the grenade out of his position, Sp4c. Santiago-Colon retrieved the grenade, tucked it in to his stomach and, turning away from his comrades, absorbed the full impact of the blast. His heroic self-sacrifice saved the lives of those who occupied the foxhole with him, and provided them with the inspiration to continue fighting until they had forced the enemy to retreat from the perimeter. By his gallantry at the cost of his life and in the highest traditions of the military service, Sp4c. Santiago-Colon has reflected great credit upon himself, his unit, and the U.S. Army.
1971 - The Supreme Court voted 8-0 to overturn the 1967 conviction of Muhammad Ali for draft evasion. The World Champ had has his title stripped for refusing to participate in the View Nam war, declaring himself a conscientious objector.
1971 - Top Hits
“It's Too Late/I Feel the Earth Move” - Carole King
“Indian Reservation” - Raiders
“Treat Her Like a Lady” - Cornelius Brothers & Sister Rose
“When You're Hot, You're Hot” - Jerry Reed
1974 - Birthday of Karim Abdul-Jabbar, born Sharman Shah, Los Angeles, CA. Not to confused with NBA Hall of Famer of the same name who was born Lewis Ferdinand Alcindor.
1974 - No. 1 Billboard Pop Hit: "Sundown," Gordon Lightfoot.
1975 - Lee Trevino and two other golfers are struck by lightning at the Western Open golf tournament in Oak Brook, IL.
1976 - One hundred, fifty-seven women cadets reported for training at U.S. Air Force Academy, Colorado Springs, Colorado. 1,200 women applied. In May, 1980, 98 of the original 157 graduated. For the women's personal training, the Air Force only supplemented the male staff with regular Army women officers for the first year and then demanded the women train their lower classmates in protocol, etc., while the male cadets continued to have professional instructors.
1978 - The concept of racial quotas came under fire when the Supreme Court ruled, in the case of Bakke v. the University of California, that the university had to admit Allan P. Bakke to its medical school. Bakke, who was white, claimed his civil rights had been violated when he was refused admission because of racial quotas designed to increase the number of minority students in the medical school.
1979 - Top Hits
“Hot Stuff” - Donna Summer
“Ring My Bell” - Anita Ward
“The Logical Song” - Supertramp
“Nobody Likes Sad Songs” - Ronnie Milsap
1980 - The temperature at Wichita Falls, TX, soared to 117 degrees, their hottest reading of record. Daily highs were 110 degrees or above between the 24th of June and the 3rd of July.
1981 - "Variety," the movieland trade paper, reported that the biggest single weekend in box-office history saw American moviegoers spending a blockbusting $56,101,095 at the box office. The popular movies bringing in the bucks were "Superman II" with Christopher Reeve, "Raiders of the Lost Ark" with Harrison Ford and "The Great Muppet Caper" with Kermit the Frog and Miss Piggy.
1985 - Route 66, the 59-year-old highway of 2,200 miles of blacktop, was decertified as a U.S. highway. The highway that was a legendary part of Americana saw highway crews removing the classic roadway shield-markers that designated it as the highway west. Route 66 started in Chicago, Illinois and continued into Santa Monica, California. To travel from one end of Route 66 to the other, one would go through eight states and three time zones. Bobby Troup, writer of the lyrics for the song of the same name, was disappointed.
http://www.emergencyfans.com/people/bobby_troup.htm
1986 - Don Sutton of the California Angeles and Phil Niekro of the Cleveland Indians became the first pair of 300-game winners in the 20th century to start against each other. The Angels scored six runs in the bottom of the eighth inning to win the game, 9-3. Neither starter figured in the decision.
1987 - Top Hits
“I Wanna Dance with Somebody” (“Who Loves Me”) - Whitney Houston
“In Too Deep” - Genesis
“Alone” - Heart
“Forever and Ever, Amen” - Randy Travis
1988 - Founder Berry Gordy Jr. sold Motown Records to MCA Records and Boston Ventures, an investment firm, for $61 million.
1992 - A very strong earthquake shook the high desert of Southern California at 4:57 a.m. The M7.3 earthquake was centered on the eastern side of the San Bernardino Mountains near the town of Landers. The quake was the largest to strike California since the Kern County M7.7 earthquake in 1952. Vigorous rocking and rolling were felt 100 miles away in L.A. and the quake was felt as far away as Central California and Las Vegas, Nevada. Property damage: $56 million, including collapsed buildings, ruptured utility lines and widespread nonstructural damage. Human toll: One killed, 25 seriously injured, 372 treated for some sort of earthquake-related injuries, millions awakened with nightmares for weeks.
1992 - A slow-moving tropical depression produced excessive rains across southwest Florida. Four-day totals, ending on the 28th, ranged up to 25 inches in the Venice area, with a general 8 to 14 inches over Sarasota and Manatee counties. Two deaths resulted from the flooding.
1994 - The Environmental Protection Agency announced it would begin experimenting with a UV (ultraviolet) Index, “To enhance public awareness of the effects of overexposure to the sun's ultraviolet rays, and to provide the public with actions they can take to reduce harmful effects of overexposure, which may include skin cancer, cataracts and immune suppression.”
1996 - Darryl Strawberry's 300th career round-tripper is a dramatic ninth inning, two-run dinger which gives the Yankees a come-from-behind 3-2 win over the Royals.
1997 - In a fight for the WBA heavyweight championship in Las Vegas, challenger Mike Tyson was disqualified in the third round by referee Mills Lane for twice biting the ear of champion Evander Holyfield. After the fight, Tyson claimed the he had been upset that Holyfield head-butted him in the second round. The bites, which precipitated a near-riot in and about the ring, were an attempt at retaliation. On July 9, the Nevada Boxing Commission fined Tyson $3 million and revoked his boxing license.
2000 - The Rockies draw their 20 millionth fan to one ballpark faster than any other team in major league history. Taking less than six years, Colorado eclipses the Dodgers' mark of taking nine years in two stadiums to reach the milestone.
2004 - Sovereign power was handed to the interim government of Iraq by the Coalition Provisional Authority, ending the U.S.-led rule of that nation.
2014 – President Obama requested $2 billion for emergency measures to address illegal immigration and enhance security at the Mexican border; thousands of children have been caught in the last eight months at the border without adults.
2015 – A SpaceX cargo rocket exploded shortly after launch; it was carrying over two tons of food, supplies and equipment for the International Space Station.
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