Irvine, California
Finance/Credit Analyst
Manage lease transactions through the entire credit review, documentation and funding process.
• Direct contact with customers’ decision-makers, including CFOs, treasurers, and purchasing managers.
• As “deal manager” analyst is responsible for interface with credit, sales, legal and documentation
For more informaton, please click here
www.calfirst.com
|
Wednesday, March 5, 2014
Today's Equipment Leasing Headlines
Leasing Veteran Chuck Thorn Passes Away
Classified Ads---Sales
CLP Now Stands at 200 Members
Equipment Finance Firms Exhibit Slight Caution
Top 50 US banks in Q4'13
Deposits continue outpacing loans
at banks, thrifts in Q4'13
Classified Ads---Help Wanted
“Evergreen Clause”—the Danger of Automatic Renewal
February "The List"
--- Mergers, Acquisitions & Changes
Social Media Marketing Ratings
Meet Leasing News Advisor Armon Mills
Classified ads—Finance/Human Resources
Boxer
Charlotte, North Carolina Adopt-a-Dog
News Briefs---
Experts see lower unemployment, higher rates
Mobile wallet adoption doesn't match the hype
Strong 4th Q: Willis Lease Finance YE Profit $15.6MM
Huntington Bancshares Expands in Ohio with Closing of Acquisition
of Camco Financial, Parent of Advantage Bank
Anderson Kill Forms Banking and Lending Group w/Deeb
Apple's CFO Peter Oppenheimer joins Goldman Sachs Board
(He has leasing background)
Postal workers protest mail service inside Staples stores
RadioShack Posts $400 Million Loss for 2013
and Plans to Close 1,100 Stores
Dots begins liquidation sales as it closes all 360 stores
Gold coin update: Heist explanation unlikely
Broker/Funder/Industry Lists |
Features (collection)
Top Ten Stories Chosen by Readers |
Top Stories last six months
www.leasingcomplaints.com (Be Careful of Doing Business)
www.evergreenleasingnews.org
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[headlines]
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Leasing Veteran Chuck Thorn Passes Away
“It is with sadness that I report the passing of Chuck Thorn. Chuck fought an amazing battle with Parkinson ’s disease. He contracted it at 42 years old and was 70 when he finally succumbed. As you know, he founded Thorn Leasing and Thorn Westover, Inc. He originated many equipment leasing transactions in the apparel business and made many friends in the process. We are relieved that he can now rest and we mourn our loss.
“Please let those in the industry know.”
Andrew
Dr. Andrew L. Thorn | PhD - MBA - MPEC
15709 Rimrock Road | Apple Valley, CA 92307
760.559.3548 | www.andrewthorn.com
Charles Don Thorn
1943-2014
Charles Don Thorn, born August 5, 1943, died March 3, 2014; son of J. Roe and Lydia Thalman He started and finished his life living at 391 East 800 South, Springville, Utah in the home built by his great grandfather O. B. Huntington.
“You get up in the morning and kick the ball, and when you feel you can’t kick it anymore, you do it anyway.”
This oft stated motto and his propensity to act led him to success in the leasing industry for over twenty-five years and through his twenty-eight year battle with Parkinson’s disease.
His legacy is carried on through his wife, Joanne Thorn, and children, Angela Randolph (Daniel), Mathew Thorn (Vikki), Justin Thorn (Kathy), Ben Thorn, Trent Thorn (Christi), Lydia Taylor (Nate), Corinne Jensen (Jeff), and Clint Thorn (Marissa), twenty-seven grandchildren, and the families of his siblings – Roger Thorn, Maris Grotegut, Ray Thorn and Chris Thorn.
Funeral services will be held on Saturday, March 8, 2014 at 11 a.m. in the LDS Chapel at 840 S 400 E, Springville, UT.
Viewings will be held on Friday, from 6 to 8 p.m. at Wheeler Mortuary, 211 E 200 S, Springville and Saturday, 1 hour prior to the services at the church. Burial will be in the Springville Evergreen Cemetery.
Condolences can be sent to Mrs. Joanne Thorn - 391 East, 800 South, Springville, UT 84663.
[headlines]
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Classified Ads---Sales
(These ads are “free” to those seeking employment or
looking to improve their position)
Boston, Mass.
Accomplished Sales & Relationship Management Professional with business development experience in the financial services industry. Recognized by market leaders as industry expert in Professional Practice financing, as well as Residential Mortgage Lending. Keen insight and understanding of transaction process and financial requirements of customer. Proven record of exceeding sales goals. deb.harold@hotmail.com |
Work Remotely
Business Development - Are you looking to enter/increase your Healthcare lending? Let me identify and qualify healthcare (all verticals) vendors, distributors, and end users who utilize leasing/financing as a tool to sell equipment for you. Many years experience - contact Mitchell Utz at mitutz@msn.com or
(215) 460-4483. |
Free Posting for those seeking employment in Leasing
http://www.leasingnews.org/Classified/Jwanted/Jwanted-post.htm
All “free” categories “job wanted” ads:
http://www.leasingnews.org/Classified/Jwanted/Jwanted.htm
[headlines]
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CLP Now Stands At 200 Members
Mitch Rice has become the 200th CLP in Good Standing at the Certified Leasing Professional Foundation. He is in sales at Commercial Capital Company, LLC., Kansas City, Missouri. He joined the company January, 2000.
“I chose to become a CLP because of the credibility that comes with the accomplishment,” he said.
David Normandin, CLP
“The CLP Foundation grew by 15% in 2013 and is anticipating 40 additional CLPs in 2014,” David Normandin, CLP, President of the 2014 CLP Board of Directors, said. “The Foundation’s growth has been driven by a strong education initiative coupled with industry growth over the last couple of years.
“The Foundation will host four Institutes for Leasing Professionals (ILP) in 2014 that are targeted to organizations looking to educate and invest in the knowledge and skills of their equipment finance professionals. These ILPs generated over 80% of the new CLPs in 2013 and we are confident of this same result in 2014.”
Reid Raykovich, CLP, Executive Director, said, “The CLP designation identifies an individual as a knowledgeable professional to employers, clients, customers, and peers in the equipment leasing and financing industry.”
http://www.clpfoundation.org/
Why I Became a CLP---
http://www.leasingnews.org/CLP/Index.htm
Working Capital Loans $10,000-$250,000 |
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[headlines]
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Equipment Finance Firms Exhibit Slight Caution
http://news.thomasnet.com/
Banks, financial services companies, and independent leasing and finance companies are still feeling generally positive about the lending market for capital equipment purchases after severe winter conditions were partly blamed for the slowdown of business activity in much of the United States.
The February Monthly Confidence Index of 63.3 by the Equipment Leasing & Finance Foundation (MCI-EFI) was a sizable drop from January’s two-year peak of 64.9. Still, it marked the second-highest index since 2012, indicating lenders still expect relatively healthy business for equipment leases and loans. The MCI-EFI polls 50 key executives in the equipment finance sector.
“I am optimistic that there is increasing demand for equipment and therefore financing to acquire that equipment,” said Valerie Hayes Jester, president of Brandywine Capital Associates. “The brutal winter experienced by a significant portion of [the] country has slowed down many projects that would have been in progress by now.”
While tough weather had a near-term impact, the latest MCI-EFI suggests there may be some nervousness among some lending executives about the still conservative levels of capital spending among businesses early in the year. After years of cash hoarding, companies are expected to loosen their purse strings this year for capital expenditures as economic conditions have stabilized.
Sentiments about lending business conditions over the next four months weakened last month, with approximately one in every five executives saying conditions will improve compared with about one in three in January. Those who believe conditions will worsen increased from 5.6 to 6.1 percent of survey respondents.
Expectations of a rise in the number of equipment leases and loans slipped as a result, falling from 36 percent of respondents to 24.2 percent. More lenders in February think demand will stay the same, at 69.7 percent versus 61 percent in January.
While early indicators show businesses are still holding the reins tightly over spending, lenders are ready with money to deal, though that window may be closing, according to some. Nearly one in three executives expects more access to capital to fund equipment acquisitions in the coming months, up from 25 percent at the beginning of the year. But 3.1 percent said there will be less access to capital, as opposed to none who expressed that sentiment in January.
“I’m conflicted about the near-term,” said George Booth, managing director of Black Rock Capital. “All small to medium-size customers claim activity is sporadic and are not willing to commit capital for new equipment. Thus we see demand is off, but funding availability is strong.”
Lending executives’ feelings about the current state of the economy changed little in February. Three percent said the economy is in “excellent” shape, with the majority (93.8 percent) deeming it as “fair,” which was only a 0.6 percent drop from the previous month.
But when polled about the next six months, fewer felt economic conditions will improve, with the percentage of bullish execs dropping to 34.4 from 41.7, while those who think the economy will stay the same went 59.4 from 55.6 percent. Those who believe the economy will worsen jumped to to 59.4 from 55.6 percent.
“The economy and the equipment finance market continue to experience peaks and valleys,” said Thomas Jaschik, president of BB&T Equipment Finance. “The good news is the valleys aren’t getting any deeper, but the bad news is the peaks aren’t getting any higher. Hopefully, in 2014 the economy will gain enough confidence to break through.”
[headlines]
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Leasing Industry Help Wanted
Orange, California
Legal Coordinator
Minimum 5 years' experience in legal collections.
The Legal Coordinator will be responsible
for collecting, coordinating and processing all
collections referrals of commercial loan agreements
to outside third party agencies and law firms.
Click here for more information.
Please send resume and cover letter to: acole@quickbridgefunding.com
www.quickbridgefunding.com
Quick Bridge Funding provides working capital loans
to small and mid-sized companies throughout
the United States. With an innovative program
we provide capital to an to an under-served market.
|
Irvine, California
Finance/Credit Analyst
Manage lease transactions through the entire credit review, documentation and funding process.
• Direct contact with customers’ decision-makers, including CFOs, treasurers, and purchasing managers.
• As “deal manager” analyst is responsible for interface with credit, sales, legal and documentation
For more informaton, please click here
www.calfirst.com
|
[headlines]
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Top 50 US banks in Q4'13
by Zuhaib Gull
A SNL Financial Exclusive Report
No changes were seen in the largest six banks and thrifts in the final quarter of 2013. JPMorgan Chase & Co. and Bank of America Corp. remain the only companies to have more than $2 trillion in assets, according to SNL Financial's latest ranking of the largest 50 banks and thrifts by assets.
Green Bay, Wis.-based Associated Banc-Corp returns to the top 50 list while Utrecht-America Holdings Inc., the U.S. unit of Netherlands-based Rabobank Group, joined the ranking for the first time.
The two banks replace Memphis, Tenn.-based First Horizon National Corp. and Pasadena, Calif.-based IMB HoldCo LLC, which were present on the third-quarter 2013 list.
Utrecht-America Holdings enters the list with $36.04 billion in assets and $10.56 billion in deposits as of Dec. 31, 2013. The institution had not appeared on SNL's previous rankings because its deposits were less than 25% of assets. The company saw a $16.27 billion drop in assets during the fourth quarter of 2013, which brought its deposits-to-assets ratio up to 29.29%.
PNC Financial Services Group Inc. moved up to No. 7 from No. 8 and Capital One Financial Corp. rose to No. 8 from No. 9. State Street Corp. managed to jump into the top 10 from No. 11 with a $26.11 billion boost in assets during the fourth quarter of 2013. Much of the increase can be attributed to a rise in interest-bearing deposits held at financial institutions. HSBC North America Holdings Inc. ended 2013 with a $19.30 billion drop in assets during the fourth quarter. A $7.67 billion decrease in reverse repurchase agreements and a $10.14 billion decline in interest-bearing balances held at U.S. financial institutions were responsible for the drop.
Methodology
SNL ranks the largest banks and thrifts operating in the U.S. with a deposits-to-assets ratio of at least 25% for each relevant quarter. Some of the financial institutions that are regulated as bank holding companies did not meet the criteria and thus were excluded from the analysis. Examples include Goldman Sachs Group Inc., Morgan Stanley and American International Group Inc.
In addition, industrial banks were also not considered for this analysis. One of the significant exclusions from the list is UBS Bank USA, which reported $45.60 billion in assets as of Dec. 31, 2013.
Pro forma adjustments
In compiling rankings, SNL calculated pro forma assets for companies with pending M&A deals or deals that have closed since Dec. 31, 2013. To be used in calculating an adjusted asset size, the M&A deal must include a bank or thrift target with assets of at least $5 billion, or a deal value of more than $200 million. Three of the companies in the top 50 rankings have pending deals that qualify for adjustments.
SNL adjusted the assets of Buffalo, N.Y.-based M&T Bank Corp. to reflect the pending acquisition of Paramus, N.J.-based Hudson City Bancorp Inc. The deal was announced in August 2012 and is awaiting regulatory approval. SNL added Hudson City's $38.61 billion in assets as of Dec. 31, 2013, to M&T Bank, bringing M&T Bank's pro forma assets to $123.77 billion from $85.16 billion.
The second most sizable adjustment was made for Pasadena-based East West Bancorp Inc. The company's recently completed acquisition of Houston-based MetroCorp Bancshares Inc. boosted the total assets tally by $1.62 billion and deposits by $1.34 billion.
Similarly, in the case of San Antonio-based Cullen/Frost Bankers Inc., the company's announced Aug. 13, 2013, acquisition of WNB Bancshares Inc. increased its assets by $1.50 billion and its deposits by $1.37 billion.
Notable exceptions
Some deals involving the listed entities could not be considered as they did not meet SNL's criteria for pro forma adjustments. Bank of America Corp. is involved in two deals that met the threshold for adjustments. But due to incomplete disclosures, no changes were made to the listed financial figures. A deal in excess of $7 billion for the sale of a residential mortgage servicing rights portfolio announced Jan. 7, 2013, and another one worth $886 million for the sale of its international wealth management business announced Aug. 13, 2012, could not be taken into consideration due to limited details.
SNL also did not adjust for Wells Fargo & Co.'s pending $2.7 billion sale of mortgage servicing rights announced Jan. 22. Another $347 million sale of collateralized debt obligation securities by Zions Bancorp., announced Feb. 12, is also not reflected in the rankings. Additionally, SNL did not make adjustments for the Dec. 11, 2013, announced sale of RidgeWorth Capital Management Inc. by SunTrust Banks Inc.; the Dec. 2, 2013, announced sale of Airborne Systems Inc. by Citigroup Inc. to TransDigm Group, Inc. for $250 million; and the November 2012 announced sale of the international automotive finance operations of Ally Financial Inc. to General Motors Financial Co. Inc.
SNL also did not adjust the rankings for RBS Citizens Financial Group Inc.'s pending divestiture of 94 Chicago area branches to U.S. Bancorp. The transaction, announced Jan. 7, could add up to $5.3 billion in deposits to U.S. Bancorp.
[headlines]
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Deposits continue outpacing loans
at banks, thrifts in Q4'13
By Divya Lulla
SNL Financial Feature Article
Deposit growth continues to outpace loan growth among U.S. banks and thrifts. Aggregate deposits at U.S. banks and thrifts closed at $11.190 trillion at Dec. 31, 2013, up 3.49% from the end of 2012.
Meanwhile, loans stood at $7.892 trillion at the end of 2013, 2.62% above year-ago levels. The aggregate loan-to-deposit ratio continued trending downwards in the fourth quarter, ending at 70.53% at Dec. 31, 2013, down 22 basis points from Sept. 30, 2013, and 59 basis-points from the fourth quarter of 2012.
Most of the 15 largest bank holding companies by assets ended the fourth quarter with a gain in both loans and deposits compared to the third quarter. Of the 15, Capital One Financial Corp. posted the highest annualized growth in its loan portfolio at 11.16% for the fourth quarter, helped by a surge in credit card lending.
Deposits at Capital One declined during the quarter at an annualized rate of 4.66%. During the company's Jan. 16 earnings conference call, CEO Richard Fairbank referred to the company's consumer banking segment and remarked, "We have ample deposit funding in a period of relatively low overall loan growth, so we've throttled back on growth, mostly in legacy Capital One direct deposit businesses."
BMO Financial Corp. increased both loans and deposits during the fourth quarter at annualized growth rates of 10.97% and 2.28%, respectively. The company reported a loan-to-deposit ratio of 78.96% at December 31, 2013, up from 77.29% at the end of the third quarter.
Among the top 15, only BB&T Corp. and HSBC North America Holdings Inc. reported a quarter-over-quarter decline in both loans and deposits in the fourth quarter. Though deposits for both companies declined only marginally, the annualized declines in loans were 4.87% and 13.24%, respectively.
Loans at BB&T totaled $117.14 billion on Dec. 31, 2013, down from $118.58 billion a quarter earlier. BB&T Chairman, President and CEO Kelly King attributed the decline in BB&T's loan portfolio to mortgage warehouse lending being down, seasonality and the sale of a consumer lending subsidiary, according to a fourth-quarter earnings conference call transcript.
Fifth Third Bancorp saw its deposits jump by an annualized 22.32% during the fourth quarter and its loans grew by an annualized 4.50%. CFO Tayfun Tuzun stated that the increase in deposits was helped by a "deposits simplification initiative" completed in 2013 and increased commercial customer relationships, according to a fourth-quarter earnings conference call transcript.
[headlines]
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“Evergreen Clause”—the Danger of Automatic Renewal
The inclusion of automatic renewal (or “evergreen”) clauses in true leases has been a fairly common practice from time immemorial. It is included in most company leasing contracts, whether "fair market value," 10%options, or even $1.00 (Yes, companies will continue payments if not notified and there have been several cases where the residual is $1.00)
There is no question that these clauses provide important protections to the lessor to obtain their residual. If the lessee has no intent to renew, the lessor has in interest in knowing it before the end of the term so that he can start planning for remarketing or some other disposition of the equipment.
However, the question of whether a lessee should be reminded by the lessor of the notice deadline in plenty of time for the lessee to react is an entirely different question. These states have statutes requiring commercial equipment lessors to provide a written notice – a fair warning – before the notice deadline date arrives:
This is an unofficial list:
New York
Rhode Island
Texas
Illinois*
Wisconsin
(*Consumer, may affect commercial,
especially a proprietorship,
partnership or personal guarantee)
Most of the abuses occur in the small-ticket world. Larger lessees often overlook the notification clause in the contract or do not have “tickler” systems to remind them. Consider the corner dry-cleaner. He signs up for a five year lease in 2014. Does he mark it 90 days before the expiration in his computer calendar for 2019, or more important, did he overlook this as the residual is 10% or a $1.00. And the more apt question is: What possible interest does a lessor have in not voluntarily reminding its customer of the notice deadline – unless it’s to create a chance that the lessee will slip up and get trapped in a renewal it does not want?
Companies who utilize Evergreen Clauses
for Extra Lease Payments
ACC Capital, Midvale, Utah
Balboa Capital, Irvine, California
De Lage Landen, Wayne, Pennsylvania
IFC Credit, Morton Grove, Illinois
Jules and Associates, Los Angeles, California
LEAF Financial Group, Philadelphia, Pennsylvania
Marlin Business Leasing, Mount Laurel, New Jersey
Marquette Equipment Finance, Midvale, Utah
Mazuma Capital Corporation, Draper, Utah
Onset Financial, South Jordan, Utah
Pacific Western Equipment Finance, Cottonwood Heights, Utah
Republic Bank, Bountiful, Utah
Tetra Financial Group, Salt Lake City, Utah
These companies use language in their purchase options to confuse, perhaps to deceive, resulting in an automatic continuation for an additional twelve months of payments. Often they win transactions with lower monthly payments as the lessee is not aware of the practice at the end of the initial term of the lease.
Several have continuation of payments and the requirement of replacing the equipment for a new lease. Leasing News has had complaints involving companies who invoke the twelve months evergreen on a $1.00 purchase option, as well as on an Equipment Finance Agreements.
Two of the companies on this list do a lot of copier leasing, where it is reported manufacturers are now getting a piece of auto-renewals, as well as insisting that they be in the lease as a condition of the business. Leasing News has heard from a very reliable source that some copier manufacturers also give dealers 4-5 months’ notice of a discontinued model and agree to sell it to the dealer at 40% of list price, on the condition that the manufacturer’s captive finance division not receive the business. Also buried in the contract on one is a one month rental return fee including an inspection fee at the location specified by lessor and at lessee’s return expense (often not the local dealer who supplied the copier).
Advice for Broker or Lessor
Dealing with a Company that Uses Evergreen Clauses
http://leasingnews.org/archives/Nov2013/11_18.htm#advice
((Please click on ad to learn more)
(Leasing News provides this ad “gratis” as a means
to help support the growth of Lease Police)
[headlines]
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February "The List"
--- Mergers, Acquisitions & Changes
"The Good, the Bad and the Ugly"--
Balboa Capital, Irvine, Ca. Irvine, California (2/14) Balboa Capital Salesmen Start Regents Capital http://leasingnews.org/archives/Feb2014/2_27.htm#balboa
(02/14) Balboa Capital’s Top Salesmen Leave to Start Own Company
http://leasingnews.org/archives/Feb2014/2_25.htm#balboa
On Deck, New York, New York (02/14) OnDeck Launches 24 Month Loan Product---up to $250,000
Marlin Leasing, Mount Laurel, NJ (02/14) Marlin Leasing 4th Quarter Drop/Up Year-end
http://leasingnews.org/archives/Feb2014/2_07.htm#marlin
Chesswood Group Limited ("Chesswood"), Toronto, Ontario, Canada (02/14) purchases all the outstanding shares of Northstar Leasing Corporation, Barrie, Ontario, Canada, small ticket in Canada, adding to Pawnee operation in US
http://leasingnews.org/archives/Feb2014/2_05.htm#chesswood.
Alphabetical Order
http://www.leasingnews.org/list_alpha_new.htm
Chronological Order
http://www.leasingnews.org/list_chron_new.htm
[headlines]
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Social Media Marketing Ratings
[headlines]
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Meet
Leasing News Advisor
Armon Mills
Armon Mills joined the Leasing News Advisory Board on February 5, 2004. In reality, he was quite instrumental and was the first to give Kit Menkin advice to incorporate, trade mark, and develop what were originally e-mails about what was happening in the equipment leasing industry sent to friends. Kit served on all Armon’s advisory boards; is a personal friend of he and his family. He and Armon often had lunch together often when Armon was located in San Jose, California. They also both served on community non-profit organizations as officers, including chairmen and presidents, working on projects together. Armon has been a mentor to several publishers, many of them across the nation, running the various Business Journals and other media.
Armon Mills, Director
Practice Development
Southern California Region
J.H. Cohn, LLP
4180 Ruffin Road, Suite 235
San Diego, CA 92123
Direct phone: 858-300-3443
Mobile: 858-220-5443
Email: amills@jhcohn.com
Armon recently left his position as President and Publisher of the San Diego Business Journal that he had joined April, 2004, and has returned to his original career as director for the Southern California Region for the national CPA firm of J.H. Cohn, LLP.
He began his career in public accounting, earning his CPA certificate in 1967. He went on to work in public accounting at Fox & Company for 20 years. Armon knows the world of business publishing well, changing his career path and signing on as President and COO of American City Business Journals, Inc. He served as Publisher of the Business Journal in Phoenix, Arizona; San Diego, California; the San Jose Silicon Valley Business Journal and Silicon Valley Biz Ink.
Armon has been active in many community organzations, including the Board of Directors of the San Jose/Silicon Valley Chamber of Commerce, San Jose Convention and Visitors Bureau, Boy Scouts of America, YMCA, Salvation Army and the Silicon Valley Chapter of the Commonwealth Club of California. He was also an active member of the San Jose Rotary Club.
Armon is continuing his strong commitment to the community here in San Diego. He is a member of the Rotary Club #33, and has accepted positions on the Board of Directors of Junior Achievement, the Salvation Army, the YMCA and is currently a member of the Finance Committee of the San Diego Convention and Visitors Bureau, the Pacific Life Holiday Bowl Committee, and is active in the board of the United Way of San Diego.
[headlines]
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Classified ads—Finance / Human Resources
Leasing Industry Outsourcing
(Providing Services and Products)
|
Finance: Chicago, IL
Experienced in big ticket origination, syndication, valuation and workout.
Twenty five years, MBA, CPA, |
JD, LLM (Tax), structuring specialist. Inbound and outbound transactions. Email:pal108381@comcast.net
Transaction Summary | The Lechner Group
Website: www.tlgattorneycpa.com
|
Finance: Naperville, IL
Your guide to the right questions and answers in finance. Expert in capital raising, GAAP, acquisitions, lease economics. CPA. MBA.
E-mail: m.willow@ameritech.net |
Finance: Charlotte, NC
15 Years of Equipment Leasing Experience and Recruiting with Business Aviation niche. Visit us at www.turningpointgrp.com
E-mail: info@turningpointgrp.com |
Human Resource Consultant: New York, NY
Employee Relations, Recruiting, Benefits, employee customer surveys, plus payroll administration "ON-LINE" services-- AND IN PERSON at your location Please visit:www.adviceonhr.com |
Information System: North Detroit, MI
INFOLEASE EXPERT - 18 years experience. Since being downsized in 2002, working as a consultant for several leasing companies.
Seeking consulting projects nationwide.
email: darwint@prodigy.net |
Finance: New York, NY
“Think Outside the Bank”. Barrett Capital is a merchant banking and consulting firm, specializing in asset based financing: equipment, vehicles, receivables and real estate.
Email: bkorn@barrettcapital.com
Web: www.barrettcapital.com |
All "Outsourcing" Classified ads (advertisers are both requested and responsible to keep their free ads up to date:
http://www.leasingnews.org/Classified/Outsourcing/Outsourcing.htm
How to Post a free "Outsourcing" classified ad:
http://www.leasingnews.org/Classified/Outsourcing/Outsourcing-post.htm
John Kenny
Receivables Management
• End of Lease Negotiations & Enforcement
• Fraud Investigations
• Credit Investigations • Asset Searches
• Skip-tracing • Third-party Commercial Collections
john@jkrmdirect.com | ph 315-866-1167| www.jkrmdirect.com |
(Leasing News provides this ad as a trade for investigations
and background information provided by John Kenny)
[headlines]
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Boxer
Charlotte, North Carolina Adopt-a-Dog
Mickey
Boxer
Male
Age: 0 years 11 months
Color: White/Black
Location: Kennel One
Intake Date
12/21/2013
"Are you looking for a young man to sweep you off your feet? One who shares your love of hiking, long walks on the beach and snuggling in the evening as you watch your favorite show on the television? Well maybe you and I should meet the next time you find yourself at the Humane Society of Charlotte. Just ask for me, Mickey! I'm an active boy who is looking for someone to join me in my adventures. I love making new canine friends, they are the best! I have just an absolute blast here during our Play Group time. It's my favorite thing ever! I love making new human friends, too. I'm just a regular social butterfly! They tell me here at the shelter I am such a smart boy! I know Sit and Stay. I like to think I am getting really good at this Loose Leash Walking thing they've shown me. So maybe if you find yourself at the Humane Society of Charlotte you can come by and ask for me, Mickey!"
Adoption Fee: $125.00
Humane Society of Charlotte
2700 Toomey Avenue
Charlotte, NC 28203
704.377.0534
Our hours:
Our 2700 shelter is open Monday – Sunday 11:00am – 5:00pm.
Contact Us Form:
http://humanesocietyofcharlotte.org/about/contact-us/
Adopt a Pet
http://www.adoptapet.com/
[headlines]
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News Briefs----
Experts see lower unemployment, higher rates
http://www.bankrate.com/finance/economics/economic-survey-0314-1.aspx?ic_id=Top_Stories_link_1
Mobile wallet adoption doesn't match the hype
http://www.fierceretail.com/mobileretail/story/mobile-wallet-adoption-doesnt-match-hype/2014-03-03?utm_medium=nl&utm_source=internal
Strong 4th Q Propels Willis Lease Finance YE Profit $15.6 Million
http://online.wsj.com/article/PR-CO-20140303-906856.html
Huntington Bancshares Expands in Ohio with Closing of Acquisition
of Camco Financial, Parent of Advantage Bank
http://www.marketwatch.com/story/huntington-bancshares-expands-in-ohio-with-closing-of-acquisition-of-camco-financial-parent-of-advantage-bank-2014-03-04?reflink=MW_news_stmp
Anderson Kill Forms Banking and Lending Group
http://www.metrocorpcounsel.com/news/27730/anderson-kill-forms-banking-and-lending-group
Apple's CFO Peter Oppenheimer joins Goldman Sachs Board
(He has leasing background)
http://hereisthecity.com/en-gb/2014/03/04/peter-oppenheimer-joins-goldman-sachs-board-of-directors/
Postal workers protest mail service inside Staples stores
http://www.ajc.com/weblogs/biz-beat/2014/mar/04/postal-workers-protest-mail-service-inside-staples/
RadioShack Posts $400 Million Loss for 2013
and Plans to Close 1,100 Stores
http://www.nytimes.com/2014/03/05/business/a-struggling-radioshack-will-close-20-of-its-stores.html?hpw&rref=technology&_r=0
Dots begins liquidation sales as it closes all 360 stores
http://www.cleveland.com/business/index.ssf/
2014/03/dots_begins_liquidation_sales.html
Gold coin update: Heist explanation unlikely
http://blog.sfgate.com/stienstra/2014/03/04/gold-coin-update-heist-explanation-unlikely/#21188101=0
[headlines]
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--You May Have Missed It
Worst Product Flops of All Time
http://247wallst.com/special-report/2014/03/03/worst-product-flops-of-all-time/2/
[headlines]
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SparkPeople--Live Healthier and Longer
Burn It Off: St. Patrick's Day Beer Edition
http://www.sparkpeople.com/blog/blog.asp?
post=burn_it_off_st_patricks_day_beer_edition
[headlines]
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Winter Poem
Blow, Blow, Thou Winter Wind
Blow, blow, thou winter wind
Thou art not so unkind
As man's ingratitude;
Thy tooth is not so keen,
Because thou art not seen,
Although thy breath be rude.
Heigh-ho! sing, heigh-ho! unto the green holly:
Most friendship if feigning, most loving mere folly:
Then heigh-ho, the holly!
This life is most jolly.
Freeze, freeze thou bitter sky,
That does not bite so nigh
As benefits forgot:
Though thou the waters warp,
Thy sting is not so sharp
As a friend remembered not.
Heigh-ho! sing, heigh-ho! unto the green holly:
Most friendship if feigning, most loving mere folly:
Then heigh-ho, the holly!
This life is most jolly.
- William Shakespeare
[headlines]
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Sports Briefs----
Jim Harbaugh: 'Zero opportunity' to leave 49ers
http://www.nfl.com/news/story/0ap2000000330559/article/jim-harbaugh-zero-opportunity-to-leave-49ers
Lowell Cohn: Kaepernick needs a reality check
http://www.pressdemocrat.com/article/20140303/sports/140309883
Consensus moves away from Manziel at No. 1
http://www.csnhouston.com/football-houston-texans/talk/consensus-moves-away-manziel-no-1?p=ya5nbcs&ocid=yahoo
By the beard of Zeus...Brett Favre is looking shaggy these days
http://www.csnchicago.com/bears/beard-zeusbrett-favre-looking-shaggy-these-days?p=ya5nbcs&ocid=yahoo
Bruce Springsteen & E Street Band, Tim McGraw, Killers, Jason Aldean to play old Reunion Arena site Final Four week — for free
http://popcultureblog.dallasnews.com/2014/03/bruce-springsteen-e-street-band-tim-mcgraw-killers-jason-aldean-to-play-old-reunion-arena-site-final-four-week-for-free.html/
[headlines]
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California Nuts Briefs---
San Francisco’s most visited landmarks
http://blog.sfgate.com/stew/2014/03/04/san-franciscos-most-visited-landmarks/#14108103=0&20505101=0
[headlines]
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“Gimme that Wine”
http://www.youtube.com/watch?v=EJnQoi8DSE8
America's Most Popular Wine-List Brands
http://www.wine-searcher.com/m/2014/03/americas-most-popular-wine-list-brands
Washington Cabernet Sauvignon crushes competition
http://www.greatnorthwestwine.com/2014/03/04/washington-cabernet-sauvignon/
Tenn. Supermarket wine sales bill headed to governor
http://www.miamiherald.com/2014/03/03/3972082/supermarket-wine-sales-bill-headed.html
Bill would allow wine shipments in RI
http://www.sfgate.com/news/article/Bill-would-allow-wine-shipments-in-RI-5284266.php
Free Mobile Wine Program
http://leasingnews.org/archives/Feb2010/2_26.htm#mobile
Wine Prices by vintage
http://www.winezap.com
http://www.wine-searcher.com/
US/International Wine Events
http://www.localwineevents.com/
Winery Atlas
http://www.carterhouse.com/atlas/\
Leasing News Wine & Spirits Page
http://two.leasingnews.org/Recommendations/wnensprts.htm
[headlines]
----------------------------------------------------------------
This Day in History
1595-First New England Settler: William Blackstone, born at Durham County, England, was the first settler in what is now Boston, Massachusetts, and also the first in what is now Rhode Island. Blackstone came to New England with the Captain Robed Gorge’s expedition in 1623. When the expedition failed and most returned to England, he stayed and settled on what later became Beacon Hill. In 1634, he sold most of his Boston property and moved to the shores of the river that now bears his name. He died there at what is now Cumberland, Rhode Island, May 26, 1675.
1623-No Drinking Alcohol: Governor Sir Francis Wyatt of Virginia and 32 others signed into law an “alcohol Temperance” against swearing and public drunkenness, ordering “...churchwardens shall be sworne to present them to the commanders of every plantation and that the forfeitures shall be collected by them to be for publique uses.”
1770-Boston Massacre: the first clashes of the coming revolution occurred during this period, which saw the rise of organized political resistance to parliamentary and royal excesses in the form of the first Continental Congress. Perhaps the start of this "movement" was sparked by what came to be called the Boston Massacre, five colonists were killed (Crispus Attucks, James Caldwell, Patrick Carr, Samuel Gray and Samuel Maverick) when British troops fired on a mob of men and boys who had been taunting them and throwing stones. Capt. Thomas Preston, commander of the British contingent, and six of his men were charged with murder. They were defended in court by John Adams and Josiah Quincy. All were acquitted but two soldiers who were found guilty of manslaughter. The estimated colonial population was 2,205,000. The day is celebrated as Crispus Attucks Day, honoring Crispus Attucks, possibly a runaway slave, who was the first to die in the Boston Massacre.
http://memory.loc.gov/ammem/today/mar05.html
Historians reported the most popular early engraving was “ The Bloody Massacre Perpetrated in King Street, Boston”, on March 5, 1770, which was engraved, printed, and sold by Paul Revere. It depicted the shooting of five Americans by the British troops, and has appeared in countless children’s textbooks and general works on American history.
1804-Supreme Court Justice Samuel Chase was impeached after charges were brought this day by the House of Representatives. The accusations consisted of eight articles, of which the majority had to do with high-handed conduct displayed by Chase in two treason and sedition trials. There were also political reasons for the impeachment, which was encouraged by President Thomas Jefferson. The trial began on January 30, 1805. Chase was acquitted and served until his death of June 19, 1811, at the age of 70.
Supreme Court Justice Samuel Chase
http://www.colonialhall.com/chase/chase.asp
1821 - James Monroe became the first President of the United States inaugurated on March 5th. The usual inauguration date of March 4th fell on a Sunday this year and a President cannot be inaugurated on the Christian Sabbath. While it’s still a law today, Inauguration Day was officially set back to January 20th, with Sundays not included.
1836 - Samuel Colt made the first pistol, a .34-caliber ‘Texas’ model.
1845 -- Congress appropriates $30,000 to ship camels to western US.
http://www.drumbarracks.org/Camel%20Corps.html
http://www.outwestnewspaper.com/camels.html
1848 -- In the Battle of Abiqua, whites attack Klamath tribe camp at Abiqua Creek near Salem, Oregon Territory; 13 men and women killed.
http://www.theragens.com/history/Geer%20-%20Abiqua.htm
http://www.silverton.or.us/history/boa1a.htm
1854 - Mary Elizabeth Garrett birthday. U.S philanthropist whose endowment to Johns Hopkins University Medical School forced it to accept women. Her first major endowment was to establish the Bryn Mawr School for Girls. Her donations guaranteed that the school would be headed by M. Carey Thomas, her domestic partner. MEG later donated more than $450,000 to Johns Hopkins University medical school for it to remain a graduate school in perpetuity that would (for the first time in its history) accept women students. With donations that eventually surpassed $350,000, MEG guaranteed that her domestic partner, the brilliant M. Carey Thomas, was made president of Bryn Mawr College (in spite of being a woman). Thomas made Bryn Mawr one of the great colleges of the nation with scholastic requirements higher than men entering Harvard University. MEG was an active suffragist. MEG lived with Thomas from about 1904 to her death in 1915 and through her will made Thomas a very wealthy woman.
1865-General John C. Breckinridge takes control of Confederate forces in the Appalachian Mountains of western Virginia. The Kentuckian was a former senator and had been the vice president of the country and the runner-up to Abraham Lincoln in the 1860 presidential election. Breckinridge took over the obscure Western Department of Virginia, where he managed forces until he was elevated to the Confederacy's Secretary of War in the closing weeks of the conflict.
Born in 1821, Breckinridge graduated from college when he was 17 years old. He served in the military during the Mexican War and was elected to the U.S. House of Representatives at age 30. In 1856, Breckinridge became the youngest vice president when he was elected with James Buchanan at age 35. In 1860, he represented the southern wing of the Democratic Party, which had split during the convention over the issue of slavery. He finished third in the popular vote behind Lincoln and Stephen Douglas, who represented the northern Democrats, but he received 72 electoral votes to finish second behind Lincoln. Although he lost the White House, his state legislature selected him as senator shortly after the election. During the summer of 1861, Breckinridge remained in the Senate, supporting secessionist’s views as the war escalated. In September, Kentucky declared itself a Union state. Having literally become a man without a country, Breckinridge fled to the Confederacy and joined the army. He was made commander of the Orphan Brigade, a collection of Kentucky regiments with soldiers who found themselves geographically cut off from their native state. His unit suffered 34 percent casualties at the Battle of Shiloh, but went on to fight at most of the battles in the western theater. After taking control of the Western Department of Virginia, Breckinridge led forces at the Battle of New Market in May 1864, where his army routed a Union force. In October, troops in his department were victorious at the Battle of Saltville, but the victory was tarnished when the Confederates began massacring black soldiers during the Union retreat. When Breckrindge heard of this, he went to the battlefield and ordered his men to stop killing any prisoners, be they black or white. As soon as he left, the units involved in the battle killed all blacks and those whites who tried to protect them. It was not uncommon to kill black Union soldiers than take them as prisoner. Breckinridge also served during Jubal Early's 1864 Shenandoah Valley campaign. On February 6, 1865, Confederate President Jefferson Davis tapped Breckinridge to be Secretary of War. He showed great ability in that capacity, but the Confederate cause had become hopeless. Breckinridge oversaw the evacuation of Richmond in March and fled southward with Davis. Unlike Davis, however, Breckinridge successfully escaped the country through Florida and into Cuba. Joined by his family, Breckinridge stayed for four years in Europe before a presidential pardon allowed him to return to Kentucky. He worked as a lawyer until his death in 1875.
http://www.saltvilleva.com/memorial__remembance_service.htm
http://www.civilwarinteractive.com/saltville.htm
http://www.fortunecity.com/campus/history/683/saltvillemassacre.htm
1870 -- American writer Frank Norris (1870-1902) born Chicago, Illinois. One of the first American naturalist writers; a muckraker.
http://users.rcn.com/calhist/7_pages/octopus_norris.htm
http://guweb2.gonzaga.edu/faculty/campbell/howells/norris.htm
http://www.nagasaki-gaigo.ac.jp/ishikawa/amlit/n/norris19re.htm
1872 - George Westinghouse patented the air brake.
1877- Rutherford B. Hayes inaugurated as 19th US President.
1882- Canadian soprano Pauline Donalda was born in Montreal (real name: Pauline Lightstone.) Considered a rival of the famous Melba in the early years of the 20th century, Donalda often replaced her in roles and sang with such renowned performers as Enrico Caruso. Most of her performing career was spent in Europe, but in 1937 she returned to Montreal and opened a music studio. She formed the Opera Guild in 1942, and directed it until 1969, the year before her death.
http://www.nlc-bnc.ca/4/7/m15-319-e.html
1885-Famed pathologist and physician Louise Pearce born. She was one of the principal figures in the development of tryparsamide to control African sleeping sickness. Tryparsamide was discovered in a laboratory by several researchers, but it was Pearce alone who went to the Belgian Congo to test it on humans. She set up a hospital, determined dosage and treatments. Under her care, every one of the 77 patients chosen for the test fully recovered. She was awarded the Order of the Crown of Belgium for her work and in 1953, was awarded the King Leopold II Prize and a check for $10,000 and a second decoration, the Royal Order of the Lion. Her three colleagues were also honored. Later she made important research discoveries regarding syphilis and cancer. Carrying one work with generations of rabbits that developed hereditary diseases and deformities, her research data was destroyed at her death. (A number of women did extensive studies on heredity and resultant deformities but very few ever got much credit.) Pearce spent her last years at Trevenna Farm, the home she shared in Skillman, NJ with novelist Ida A. R. Wylie who was part of the fabled Heterodoxy Women's Club. Source: The History of the Rockefeller Institute, 1901-1953, G.W. Corner, Rockefeller Institute Press, NY, 1964 --
A.R. Wylie (March 16, 1885 - November 4, 1959) Australian writer, born in Melbourne as Ida Alexa Ross Wylie. Her autobiography 'My life with George' is about her relationship with American doctor Sara Josephine Baker, better known as the famous black singer Josephine Baker. Several films were based on her books or stories: ‘The Foreign Legion’ (1928) was based on 'The Red Mirage'; the 1942 film 'Keeper of the Flame' with Katherine Hepburn and Spencer Tracy was based on the book with the same name; and 'Torch Song' from 1953 with Joan Crawford was based on the story 'Why Should I Cry'.
http://andrejkoymasky.com/liv/fam/biow2/wyli1.html
http://gayinfo.tripod.com/A-Z-W.html
1888—Singer/guitarist Joshua Barnes “Peg Leg” Howell birthday, born Eaton, GA.
http://www.cascadeblues.org/History/JoshuaHowell.htm
1892 -Famed writer, journalist and Lesbian Josephine Herbst born. Her trilogy “Pity is Not Enough” (1933), “The Executioner Waits” (1934) and “Rope of Gold” (1939) was regarded critically as "as one of the most sweeping and ambitious" fictional reconstruction of American life ever attempted by any writer. She leaned towards communism for a time but after covering the Spanish Civil War as a reporter, she broke all ties with that ideology. She had well publicized affairs with women. Her mother was a storyteller who inspired her daughter to write. Her many novels, short stories, and articles were highly praised and deserve a higher place in today's literature than is accorded them. Died 1969.
http://www.writersreps.com/live/catalog/authors/herbstj.html
http://www.spartacus.schoolnet.co.uk/USAherbst.htm
http://www.nybooks.com/articles/article-preview?article_id=11373
1893-The Culligan Man: Emmett J. Culligan, founder of world's largest water treatment organization, was born at Yankton, SD. Culligan first experimented with a water-softening device in the early 1920s to soften water used to wash his baby's diapers. In 1936, he launched the company from a Northbrook, IL, blacksmith shop. Recipient of Horatio Alger Award in 1969, Culligan died at San Bernardino, CA, June 3, 1970.
1908—Birthday of Rex Harrison, born Reginald Carey at Huyton, England. Rex Harrison’s career as an actor encompassed more than 40 films and scores of plays. He won both a Tony and an Oscar for the role of Henry Higgins in “My Fair Lady”, perhaps his most famous role. Among other films, he appeared in “Dr. Doolittle”, “Cleopatra”, “Blithe Spirit” and “Major Barbara”. He claimed he would never retire from acting and he was appearing in a Broadway revival of Somerset Maugham’s “The Circle” three weeks before his death, June 2, 1990, at his home at New York, NY.
1917 - The first jazz recording for Victor Records was released. The Original Dixieland ‘Jass’ Band performed on the tune "The Dixie Jass Band One Step" They had opened at Reisenweber’s Restaurant in New York City and changed their name to “Jass” as that it how it was pronounced by the owner. In this year, the group made a series of other first jazz recordings, including “ Tiger Rag,” “Reisenweber Rag,” “Barnyard Blues,” “At the Jazz Band Ball,” “Ostrich Walk,” “Bluin’ the Blues, and “Clarinet Marmalade.” Some say they left New Orleans for Chicago, then New York, because the Navy closed Storyville, also known as the District, a section of New Orleans set aside for honky-tonks and sporting house. The original Storyville was established on January 1, 1898 as a legally operated red-light district in New Orleans, this being the only legal red-light district in the United States. The district was home to beautiful bordellos that were renowned for their grand architecture. The bordellos’ festive atmosphere was created by seductive women and mood-altering music. Storyville is believed to be the birthplace of Jazz. ("Jazz" was a slang word for sex.[just like rock ‘n’ roll]) The fun lasted until the fall of 1917, when the United States Department of the Navy shut it down. Later in the 1940's, the "good people" of New Orleans thought they would do a good thing for the city by constructing a low-income housing project. To make way for this project, the old District was completely demolished. Contrary to popular belief, many of the jazz musicians migrated to Kansas City, Chicago, and New York not because of Storyville, but to find a better paying musical job. Kansas City was hot and so was Chicago, but New York was “The Big Apple.”
http://www.redhotjazz.com/odjb.html
http://www.suite101.com/article.cfm/8879/71671
http://www.alude.com/music/itmB000002WTQ.htm
http://www.amazon.com/exec/obidos/ASIN/0817344039/inktomi-bkasin-20/
102-1682336-8966565
1920- Leontine Turpeau Current Kelly was born in the parsonage of Mount Zion Methodist Church in Washington, D.C. Kelly became the first Black woman bishop of a major denomination in the United States, in 1984. She was elected bishop of the United Methodist Church in the San Francisco area. From “Black Women in America, Vol. 1”
1924-Bowler Frank Carauna of Buffalo, NY, became the first bowler in history to roll two consecutive 300 games in a sanctioned league competition. He had five strikes on third game, rolling 29 strikes in succession. His score for the four games was 1,115 (300,300,268,247).
1924-pianist Dave Burns born Perth Amboy, NY
http://www.kwest.net/news/reviews/Music/Dave_Burns_Cool_Jazz_Is_Hot-(KWTN).html
1928-Pianist Lou Levy born. West Coast jazz great, also recorded with Sinatra, Peggy Lee, Nancy Wilson, Anita O’Day. I remember him at the Lighthouse in Hermosa Beach, where he played
with various musicians from a trio to West Coast jazz. Died Jan 23, 2001
http://www.centrohd.com/biogra/l2/lou_levy_b.htm
http://www.jazzreview.com/cdreview.cfm?ID=3384
1929- Louis Armstrong (with Jack Teagarden) records “Knockin’ A Jug.” NYC.
1931 - Lawrence Tibbett recorded the now much-recorded tune, "Without a Song" for Victor Records. This melody came from the film, "The Southerner" and has been a hit for many, such as Willie Nelson, Frank Sinatra and Tony Bennett.
1931-Female aviator Jerrie Cobb born. She was the first woman to qualify as an American astronaut. She was subsequently rejected because she was a woman. JC learned to fly at 12, earned her pilot's license at 16, and received her commercial and flight instructor's license at 18. At 21, she was the only female international ferry pilot in the United States. As chief pilot, she flew over wild terrain and mountains, once being arrested as a spy after a forced landing in South America. JC passed the same 87 physical and psychological tests administered by NASA that it used in the selection of the original seven male astronauts. Several women, including Cobb, surpassed the test results of the men who were chosen, including John Glenn. NASA officials admitted later in a Congressional investigation that they had no intentions of allowing women to pilot space craft; the testing was merely a sop. [Some revisionists today are questioning the charge and claiming that the rejection of women was a practical matter, not sexual bias. The author of WOAH?? has seen the original spacecraft at the Kennedy Space Center at Cape Canaveral. In many of the first flights, the astronauts were simply passengers, lying strapped to "mattresses" and with only a small porthole to see outside. There was no moving around and now piloting involved.]
JC is one of the four Americans to hold the Golden Wings of the Federation Aeronautique Internationale and was chosen 1959 Pilot of the Year by the National Pilots Association. She was nominated for a Nobel Peace Prize for her piloting of medical supplies into dangerous South American locations. Two other noted women pilots were tested by NASA (and passed the tests), Wally Funk and Bernice Steadman. Both the women do NOT agree with revisionists and maintain it was sexual bias that kept them from the program. Cobb testified before a congressional hearing that of the 25 women who applied to the space program in 1960, 13 had been found qualified. The National Air and Space Museum described the turndown: "They had hoped to be the country's first women in space and they had reason to think that a few might make it. But no one had warned them that having the 'right stuff' might also mean being the 'right sex’."
The following information was gleaned from information provided by the website of the 99s - the organization of women in aviation. It is located at http://www.ninety-nines.org/ and is a fascinating site! President Lyndon Johnson announced the formation of the FAA's Women's Advisory Committee on Aviation, May 4, 1964. Most of the 27 non-government members, including Jane Hart and Jean Ross Howard, co-chairwomen, and five government members, were 99s. Although members of this committee pushed for admission of women to NASA, they were 17 years too early to become astronauts.
In 1961, Jerrie Cobb was the first female to pass all three phases of the Mercury astronaut Program. Twelve other 99s passed the series of 75 exhaustive physical competence tests and laboratory tests. They were rejected, and the first female in space was Russian. Jerrie Cobb was deeply discouraged by the failure of NASA to put a female in space, and in the same year (1964) she became a jungle pilot in the Amazon. She has devoted all her resources and talents to helping Indian tribes in unexplored parts of six countries, and was nominated for the Nobel Peace Prize for her efforts. In June 1963, Valentina Terreshkova, Soviet cosmonaut, became the first woman in space. She manually controlled Vostok-6 during parts of the 70.8-hour flight through 48 orbits of earth. Some revisionists, aka Historians, have said that VT was only a pretty face passenger "allowed" to touch the controls for publicity purposes. In fact, she went through a rigorous training program the same way the male cosmonauts did. It would be 32 years after Terreshkova before an American woman touched the controls of a space craft! In the meantime to squelch growing complaints, on 01-16-1978, the post of "Mission Specialists" was created by NASA and six women were appointed to fill the posts. It marked the first time since the inception of the U.S. space program in 1959 that NASA had recognized women. Janet Guthrie, who would win fame as an Indianapolis 500 racer, was turned down because NASA decided all the women had to have Ph.D. degrees. The first American woman in space was Sally Ride, who used the shuttle robot arm to release and retrieve satellites. The first American woman to perform a spacewalk was Kathryn Sullivan, who practiced techniques for refueling satellites, and Kathryn Thorntorn went outside the shuttle to help repair the Hubble Space telescope. The non-pilot women trainees hold Ph.D.’s in their fields of expertise. On February 2, 1995, Cobb was the personal guest of Lt. Colonel Eileen Collins, 38, as Collins lifted off from Cape Canaveral in the co-pilot's seat - the first woman to co-pilot an American space craft. An Air Force test pilot, Collins was selected for the NASA space program in 1990, the first woman chosen as a space shuttle pilot. Her first command was a frightening one because of equipment failure but she kept her cool and the mission was completed. Since then other women have quietly moved into the pilot's seat. However, when NASA decided to test the effects of space on older people, they chose John Glenn (a U.S. Senator with a life of sedentary pursuits) instead of Jerrie Cobb - again. Glenn became quite ill on the flight and it almost had to be scrubbed. Cobb who maintained her physical abilities was disgusted. Perhaps one of the reasons was that fact she is considered a lesbian.
http://www.ctie.monash.edu/hargrave/cobb.html
http://www.singlemomz.com/holidays/womenshistory/jerrie.shtml
http://www.johnshepler.com/articles/cobb.html
http://www.teachspace.org/news/cobb.html
http://www.jerrie-cobb-foundation.org/
http://www.searchalot.com/texis/open/openframer?q=&urls=http://www-lib.usc.edu/~retter/main.html
1933- Bank Holiday declared. On his first full day in office, Sunday, Mar 5, 1933, President Roosevelt proclaimed a national "Bank Holiday" to help save the nation's faltering banking system. Most banks were able to reopen after the 10-day "holiday" (March 4-14), but in the meantime, "scrip" had temporarily replaced money in many American households.
1936 - Metro-Goldwyn-Mayer’s "Mutiny on the Bounty" (produced by Irving Thalberg and Albert Lewin) was voted Outstanding Production, as they used to say. The 8th Academy of Motion Picture Arts and Sciences (AMPAS) Academy Awards ceremony was held at the Biltmore Hotel, Los Angeles. Director/producer/writer/actor Frank Capra hosted the big giveaway honoring the films of 1935, which saw Victor McLaglen take the Best Actor prize for "The Informer" (John Ford won for directing this one). Best Actress was Bette Davis in "Dangerous". In case you are wondering, they didn’t start handing out those Supporting Actor/Actress awards until 1937. The Best Music/Song award winners were Harry Warren (music) and Al Dubin (lyrics) for the song "Lullaby of Broadway" from "Gold Diggers of 1935". An Oscar for Short Subject/Cartoon was awarded to some guy named Walt Disney for his ’toon, "Three Orphan Kittens".
http://www.infoplease.com/ipa/A0148014.html
1937 -- The American government officially apologizes to Nazi Germany for New York Mayor LaGuardia's reference to Adolf Hitler as a "brown- shirted fanatic." LaGuardia has been called "the conscience of the 20s." Best known as the tempestuous mayor of New York City, he served in Congress between 1917 and 1933, where, in an era marked by nativism and bigotry, LaGuardia spoke up for internationalism, freedom of speech, and the rights of minorities and the poor. The issues he fought for included price controls, the right to strike, public power, and the redistribution of wealth by taxation. He is best known for reading the comics on radio ever Sunday. He is perhaps New York’s most beloved mayor. Died, 1947.
http://www.us-israel.org/jsource/biography/LaGuardia.html
http://www.sicilianculture.com/people/laguardia.htm
http://english.sdaglobal.org/story/advent/judgmnt/laguardia.htm
http://www.commoncouragepress.com/zinn_laguardia.html
1939- Glenn Miller opens at Meadowbrook, Cedar Grove, NJ, his first important booking.
1944 ---Top Hits
Besame Mucho - The Jimmy Dorsey Orchestra (vocal: Bob Eberly & Kitty Kallen
My Heart Tells Me - The Glen Gray Orchestra (vocal: Eugenie Baird)
Mairzy Doats - The Merry Macs
Ration Blues - Louis Jordan
1948- Poet and novelist Leslie Marmon Silko born. She is often referred to as the premier Native American writer of her generation. LMS is of the mixed ancestry of Amerind/Laguana Pueblo, Mexican and white. She grew up on the Laguana Pueblo reservation in New Mexico. "Silko drew on the Laguana stories she had heard in childhood. She combined concerns of Laguana spirituality, such as the relationship between human beings and the natural elements, with complex portrayals of contemporary struggles to retain Native American culture in an Anglo world," one critic wrote. Her first full novel was “Ceremony” (1977) and her second, “Almanac of the Dead” (1991). In 1981, Silko received a MacArthur Foundation fellowship, and she produced the volume “Storyteller”, made up of poetry, tribal stories, fiction, and photographs. Like many Amerinds in the Southwest who have to travel huge distances to attended school on a daily basis, Silko traveled 100 miles a day to school in Albuquerque
http://voices.cla.umn.edu/authors/LeslieMarmonSilko.html
http://www.altx.com/interviews/silko.html
http://web.nmsu.edu/~tomlynch/swlit.silko.html
1951- The religious program "Circuit Rider" debuted over ABC television. The broadcast featured music selections and biographies of evangelists, and was produced by Franklin W. Dyson.
1951-Ike Turner and his Kings of Rhythm record "Rocket 88" with producer Sam Phillips at his Memphis Recording Service. When the up-tempo combination of Swing and Jazz is released, it is credited to Jackie Brenston and his Delta Cats and is now said by many music historians to be the first true Rock 'n' Roll record.
1951-Sam Phillips launches Sun Records by releasing "Drivin' Slow" by 16-year-old saxophonist Johnny London.
1952---Top Hits
Cry - Johnnie Ray
Slowpoke - Pee Wee King
Anytime - Eddie Fisher
Wondering - Webb Pierce
1955 -- Elvis Presley makes his television debut on the regionally telecast "The Louisiana Hayride."
1955---In the wake of the continual controversy on offensive R&B records, BMI, the largest organization of music publishers, releases plans to tighten controls on objectionable lyrics. BMI never gave clearance to nearly a dozen singles, and some like Big Joe Turner's "Shake Rattle & Roll" became major hits.
1956 -- The U.S. Supreme Court affirms the ban on segregation in public schools in Brown vs. Board of Education.
1957- Sergeant Bilko satirizes Elvis Presley (Elvin Pelvin) Rock 'n' Roll Rookie (Written by Nat Hiken & Billy Friedburg; #3557; Mar. 5th) When singing sensation Elvin Pelvin is drafted, the army can't cope with his screaming fans. The solution? Transfer him to a quiet, out-of-the-way posting. Perhaps somewhere in the midwest, like Ft, Baxter, KS, where he will attract less attention and be safe from the less scrupulous soldier who might try to exploit his fame and fortune...
1958-Buddy Holly and The Crickets began their only UK tour, playing two sets each evening for 25 nights.
1959-- Bobby Darin records "Dream Lover"
1960 - After 2 years in the United States Army, Elvis Presley returned to civilian life. Not since the return of General Douglas MacArthur from battle has a soldier gotten such publicity. Before his induction he recorded enough material so that a steady stream of Elvis hits were released during his tour of duty. He continued to dominate the charts through the mid-'60s and made more than 20 movies. Elvis stopped performing live in 1961 but made a comeback in the late 60s, becoming a Las Vegas fixture and releasing several top singles, including "In the Ghetto" and "Suspicious Minds" in 1969. As his popularity continued to skyrocket, the "King of Rock and Roll" allegedly turned to drugs. His final live performance was on June 25, 1977, and on August 16, 1977, the day of his next scheduled concert, his girlfriend found him dead in a bathroom at Graceland, the Memphis mansion he built and named after his mother. Congestive heart failure was initially cited as the cause of death, but prescription drug abuse was suspected as a contributing factor. He was buried at Graceland. Nine years after his death, he was one of the first 10 people inducted into the Rock and Roll Hall of Fame. During his life, he had earned 94 gold singles and more than 40 gold LPs.
1960 - Eastern Massachusetts’ greatest March snowstorm of record began to abate. The storm produced record 24 hour snowfall totals of 27.2 inches at Blue Hill Observatory, 17.7 inches at Worcester, and 16.6 inches at Boston. Winds gusted to 70 mph.
1960---Top Hits
The Theme from "A Summer Place" - Percy Faith
Handy Man - Jimmy Jones
Beyond the Sea - Bobby Darin
He’ll Have to Go - Jim Reeves
1962 - A tremendous storm raged along the Atlantic coast. The great Atlantic storm caused more than 200 million dollars property damage from Florida to New England. Winds along the Middle Atlantic Coast reached 70 mph raising forty foot waves, and as much as 33 inches of snow blanketed the mountains of Virginia. The Virginia shoreline was rearranged by historic tidal flooding caused by the combination of the long stretch of strong onshore winds and the "Spring Tides". The March Storm of ’62, as it is known at the Jersey Shore, ripped boardwalks, and caused major flooding. The ocean met the bay and inundated nearly all of Long Beach Island.
1963 - Country-pop singer Patsy Cline was killed in a single-engine plane crash near Camden, Tennessee. Also killed were Cowboy Copas and Hawkshaw Hawkins. The three were returning to Nashville from Kansas City, where they had participated in a benefit concert for the widow of a disc jockey. The DJ, Cactus Jack Call, had been killed in a car crash. Cline’s hits included “Walkin’ After Midnight”, “Crazy”, “She’s Got You”, and “I Fall to Pieces” in a career that began when she was selected to appear on Arthur Godfrey’s “Talent Scouts”, one of early television’s first variety shows.
1966- "The Ballad of the Green Berets" by Staff-Sergeant Barry Sadler reached number one on the Billboard Hot 100 chart. It was the top song in the US for five weeks. The album did even better, topping the LP chart for 13 weeks. Sadler was an original New Christy Minstrel.
1966--HIBBS, ROBERT JOHN Medal of Honor
Rank and organization: Second Lieutenant, U.S. Army, Company B, 2d Battalion, 28th Infantry, 1st Infantry Division. Place and date: Don Dien Lo Ke, Republic of Vietnam, 5 March 1966. Entered service at: Des Moines, Iowa. Born: 21 April 1943, Omaha, Nebr. G.O. No.: 8, 24 February 1967. Citations: For conspicuous gallantry and intrepidity at the risk of life above and beyond the call of duty. 2d Lt. Hibbs was in command of a 15-man ambush patrol of the 2d Battalion, when his unit observed a company of Viet Cong advancing along the road toward the 2d Battalion's position. Informing his command post by radio of the impending attack, he prepared his men for the oncoming Viet Cong, emplaced 2 mines in their path and, when the insurgents were within 20 feet of the patrol's position, he fired the 2 antipersonnel mines, wounding or killing half of the enemy company. Then, to cover the withdrawal of his patrol, he threw hand grenades, stepped onto the open road, and opened fire on the remainder of the Viet Cong force of approximately 50 men. Having rejoined his men, he was leading them toward the battalion perimeter when the patrol encountered the rear elements of another Viet Cong company deployed to attack the battalion. With the advantage of surprise, he directed a charge against the Viet Cong, which carried the patrol through the insurgent force, completely disrupting its attack. Learning that a wounded patrol member was wandering in the area between the 2 opposing forces and although moments from safety and wounded in the leg himself, he and a sergeant went back to the battlefield to recover the stricken man. After they maneuvered through the withering fire of 2 Viet Cong machine guns, the sergeant grabbed the dazed soldier and dragged him back toward the friendly lines while 2d Lt. Hibbs remained behind to provide covering fire. Armed with only an M-16 rifle and a pistol, but determined to destroy the enemy positions, he then charged the 2 machine gun emplacements and was struck down. Before succumbing to his mortal wounds, he destroyed the starlight telescopic sight attached to his rifle to prevent its capture and use by the Viet Cong. 2d Lt. Hibb's profound concern for his fellow soldiers, and his intrepidity at the risk of his life above and beyond the call of duty are in the highest traditions of the U.S. Army and reflect great credit upon himself and the Armed Forces of his country.
1968-Sales of "Simon Says" by the 1910 Fruitgum Company reach the one million mark during the short-lived bubblegum music craze.
1968—Top Hits
Love is Blue - Paul Mauriat
(Theme From) Valley of the Dolls - Dionne Warwick
(Sittin’ On) The Dock of the Bay - Otis Redding
Skip a Rope - Henson Cargill
1969 - For the first time, the rock magazine, "Creem", was published.
http://www.creemmagazine.com/Pages/CreemContent.html
1969-First Woman on FBI’s Top Ten: Ruth Eisemann-Schier was convicted and sentenced to a seven-year prison term. She had kidnapped Barbara Jane Mackle from a motel in Decatur, GA, on December 17, 1968, in a sensational first television major coverage. Mackle was found alive about 80 hours after the abduction, buried in a box underground, many say due to the television coverage.
1974- Helen Thomas was named UPI White House reporter, the first woman ever named to cover the presidential beat. She had been an award-winning reporter in Washington for 30 years before being allowed to cover the president. For many years women reporters, such as Lorena Hickok were only allowed to cover the wives of presidents.
1974-Gregg Allman's first solo album, "Laid Back" attains gold status and at the same time starts rumors that the Allmans are splitting.
1975 - No. 1 Billboard Pop Hit: ``Have You Never Been Mellow,'' Olivia Newton-John. The song is also a country hit for the singer, reaching No. 3 on Billboard's country singles chart.
1976---top Hits
Theme from S.W.A.T. - Rhythm Heritage
Love Machine (Part 1) - The Miracles
All by Myself - Eric Carmen
Good Hearted Woman - Waylon & Willie
1977-"The Love Theme from A Star Is Born", from the film starring Barbra Streisand and Kris Kristofferson, was the top tune in the US.
1977 - President Jimmy Carter joined CBS News anchor Walter Cronkite for the first ever “Dial-a-President” radio talk show. It was carried on 260 CBS stations, with the President answering a variety of questions from listeners across the United States. It was called “Ask President Carter,” from the Oval Office in the White House. 42 listeners from 26 states phoned in questions on the nationwide radio broadcast.
1981- World Men's Figure Skating Championship in Hartford won by Scott Hamilton (USA)
http://www.geocities.com/Colosseum/Base/6591/P2.html
1982 -- Comedian and Blues Brother John Belushi, 33, dies of drug overdose in the Chateau Marmont Hotel in Beverly Hills. He was a great comedian and this is an example of how drugs take over control of your life.
http://www.who2.com/johnbelushi.html
1982 - General Motors shuts its Fremont, CA plant, furloughing its last 2,500 workers while it waits to see if the economy and changes in American car-buying tastes will justify reopening the factory. A white Oldsmobile Ciera rolled off the assembly line at 9:15 a.m. March 4, the 4,282,215th vehicle produced there. It was also the last. The plant later re-opened by New United Motors Manufacturing, “NUMMI”, a joint venture of GM and Toyota.
1984—Top Hits
Jump - Van Halen
99 Luftballons - Nena
Girls Just Want to Have Fun - Cyndi Lauper
Woke Up in Love - Exile
1984 –Quarterback Steve Young from Brigham Young University was signed by the Los Angeles Express of the United States Football League to a “substantial” contract. The football all-American inked a pact that would earn him $40 million dollars over a 43-year period, in one of the most complicated contracts ever -- lasting until 2027. The USFL folded not long after he signed the lucrative deal. Young became the back-up quarterback for football Hall of Famer and legend, Joe Montana, in San Francisco. In 1991, after Montana was seriously injured during the previous year’s NFC Championship, Young took over the reins to lead the 49ers. He lived not far from here in Saratoga, where he was often seen running. Rumor has it that he lived in only one room of the house, as he was single at the time, constantly working out, and when his mother visited him she found more than one years of his salary checks in a drawer that he did not have the time to deposit. Young holds the NFL record for career QB passer rating and became a Hall of Famer himself in 2005.
1985 - Mike Bossy of the New York Islanders became the first National Hockey League player to score 50 goals in eight consecutive seasons. Two players have scored 50 goals in six seasons: Wayne ‘The Great One’ Gretzky of Los Angeles and Guy Lafleur of Montreal.
1985 - No. 1 Billboard Pop Hit: ``Can't Fight This Feeling,'' REO Speedwagon.
1987 - A storm in the western U.S. produced heavy rain and high winds in California. Up to six inches of rain soaked the San Francisco Bay area in 24 hours, and winds gusted to 100 mph at the Wheeler Ridge Pumping Plant near the Tehachapi Mountains.
1989- Pepsi Cola in the US said it would withdraw its Madonna TV ads from any station that showed the singer's new video, "Like a Prayer." Pepsi in Canada declined to take similar action. But in any case the entire Madonna-Pepsi campaign was scrapped a month later. The video, which already had been banned in Italy, showed a scantily-clad Madonna kissing the naked feet of a statue in a church sanctuary and caressing a priest. Pepsi had paid the singer a reported $5 million to star in a two-minute TV commercial, featuring the same music as the video but showing a more subdued Madonna.
1989 - Thunderstorms produced severe weather in the southeastern U.S. A strong (F-2) tornado killed one person and injured six others in Heard County GA. A strong (F-3) tornado injured 23 persons and caused more than five million dollars damage around Grantville GA.
1993- Washington Redskins head coach Joe Gibbs resigned his position after 12 seasons and winning the Super Bowl in 1992. Gibbs’ teams compiled a 140-65 record and won three Super Bowls.
1996-Netscape announces that it will slash prices for its Internet server software. The move came in reaction to competition from Microsoft, which started giving its browser away for free. Microsoft's fierce efforts to compete against Netscape would come under the scrutiny of the Justice Department in antitrust litigation in 1998; however, the investigation came too late for Netscape. The once high-flying company was purchased by America Online in late 1998.
1999 — Records chosen today for inclusion in the US National Recordings Registry: "Blue Suede Shoes," Carl Perkins; "Be My Baby," The Ronettes; "A Change Is Gonna Come," Sam Cooke; "(I Can't Get No) Satisfaction, the Rolling Stones.
2002--The first episode of The Osbournes TV show was aired on MTV in the US. Focusing on Ozzy and his family, they bicker, squabble, curse and hang out backstage at Ozzy's shows.
2004--The Sunday edition of Britain's Daily Mail lists Paul McCartney's worth at 1.3 billion US dollars.
2005-Academy Awards: Jon Stewart of the “Daily Show” was the host. “Crash” Best Picture; Best Actor in a leading role: Philip Seymour Hoffman, “Capote”; Best Actress in a leading role: Reese Witherspoon, “Walk the Line”, Actor in a supporting role: George Clooney, “Syriana”; Actress in a supporting role: Rachel Weisz, “The Constant Gardener”; Best Director: Ang Lee, “Brokeback Mountain”, best screenplay written for the motion pictures: Paul Haggis and Robert Moresco, Crash, Screenplay Based on Material Previously Produced or Published Larry McMurtry and Diana Ossana, Brokeback Mountain. Best song: “It's Hard Out Here for a Pimp,” Hustle & Flow, Jordan Houston, Cedric Coleman, and Paul Beauregard, Original score: Gustavo Santaolalla, Brokeback Mountain.
http://www.infoplease.com/ipa/A0932839.html
http://www.imdb.com/Sections/Awards/Academy_Awards_USA/2006
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