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Leasing News is a web site that posts information, news, and
entertainment for the commercial bank, finance and leasing industry

kitmenkin@leasingnews.org
   

 

 

Monday, March 30, 2015



Today's Equipment Leasing Headlines

Dallin Hawkins Served with $53,000 Default Judgement
   Leasing News Bulletin Board Complaint Update
 Classified Ads---Sales
  Top Stories:  March 23 - March 27
   Opened Most by Readers of Leasing News
 Fifth Response
Videos Posted on Leasing News Without Authorization
Small Businesses Must Export East
 to Maintain U.S. Leadership
  by Maria Contreras-Sweet, SBA Administrator
“Running Personal Credit at Interview Procedure”
 Career Crossroad---By Emily Fitzpatrick/RII
  Leasing Industry Ads---Help Wanted
Equipment Lessor Entitled to Possession of Collateral
  Without Proving Damages
    by Tom McCurnin, Leasing News Legal Editor
Leasing 102 by Mr. Terry Winders, CLFP
   Late Notices and Collection
Bode by the Side of Swimming Pool
 Four Upcoming Lease Academy Dates/Locations
Connected Cars Will Be Huge
   Especially in Asia
August 28-September 4 Jazz Cruise
 Sailing Alaska with Jeff Rudin and Crew
Former UCB Chief Credit Officer Convicted
  of Securities Fraud and Other Corporate Fraud
German Shepherd
Salt Lake City, Utah    Adopt a Dog
   Classified Ads---Marketing
News Briefs---
Gary Souverein Sells 5,000 Shares of Chesswood Group Stock (CHW)
 US Companies Waste $100 Billion Each Year on Equipment Leasing
  Australia to Join Regional Development Bank Led by China
   Altera stock soars on report of sales talks with Intel

Broker/Funder/Industry Lists | Features (writer's columns)
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]

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


Dallin Hawkins Served with $53,000 Default Judgement
Leasing News Bulletin Board Complaint Update


Dallin Hawkins

This action comes from the third complaint on Integrity Financial Groups, Utah, involving Dallin Hawkins, dated November 28, 2012 (1). It involved Paul Jacobellis, Portland, Oregon, as broker who presented Good, Inc, Centralia, Washington. He was under the understanding that Hawkins was a lender, but found out later he was a broker, after the underwriting deposit had been wired to Hawkins. The Integrity Finance Groups proposal was signed August 1, 2012.

Jacobellis pursued getting the money back for his client for a transaction that never happened, and assisted throughout a trial and following. A Default Judgement was rendered in Clark County, Washington for $53,842.88 on April 4, 2013.  It has taken this long to serve Hawkins, who has moved several times and evidently no longer has a separate physical office. Attempts were even made at a night club where he acted as a "DJ" from time to time, according to his Facebook page. (2)

A constable was employed in 2014, and for months tried. Finally, he was served on March 18th, 2015 (3). Reportedly he was served in his parole officer's office, where he is on probation for the several DUI's he was also convicted in Utah. He has until April 18th to respond. If he does not, Leasing News is told the Law Office of Stephen B. Elggren, P.C., Sandy, Utah, will file an order to show cause.

(1) Integrity Financial Groups, Murray, Utah
      Bulletin Board Complaint
http://leasingnews.org/archives/Nov2012/11_28.htm#bbc


(2) Facebook-Dallin Hawkins—Night Club
https://www.facebook.com/dallin.hawkins?fref=ts

(In case, page is private, here is screen capture)

(3) Clark County Judgment
http://www.leasingnews.org/PDF/ClarkCountyJudgment2015.pdf

 

[headlines]
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(These ads are “free” to those seeking employment or looking
to improve their position)

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

Bookmark Leasing News

[headlines]
--------------------------------------------------------------

Top Stories:  March 23 - March 27
Opened Most by Readers of Leasing News

(1) The Second Response: "Leasing News blatantly lied in Publishing"
http://leasingnews.org/archives/Mar2015/3_23.htm#second

(2) Marlin Didn’t Check Out the Vendor and Paid the Price
  by Bernie Boettigheimer, CLFP
http://leasingnews.org/archives/Mar2015/3_25.htm#marlin

(3) Correction: US Business Funding Personal Guarantee
http://leasingnews.org/archives/Mar2015/3_25.htm#correction

(4) Equipment Finance Lender Stung for $1 Million Dollars For Inappropriate Collection Activities by Tom McCurnin
 Leasing News Legal Editor
http://leasingnews.org/archives/Mar2015/3_23.htm#stung

(5) More on LEAF Financial Investment
     Says He and Sister were Misled
http://leasingnews.org/archives/Mar2015/3_27.htm#leaf

(6) Third Response
"Didn't Verify Accuracy of Complaint"
http://leasingnews.org/archives/Mar2015/3_25.htm#third

(7) The Impact of Alternative Financing on the Equipment Leasing and Finance Industry
http://leasingnews.org/archives/Mar2015/3_23.htm#report

(8) Top Five Leasing Company Web Sites—in North America
http://leasingnews.org/archives/Mar2015/3_25.htm#top_five

(9) March Women in Leasing LinkedIn Luncheon Group
http://leasingnews.org/archives/Mar2015/3_27.htm#march

(10) Leasing 102 by Mr. Terry Winders, CLFP
Signatures on Documents
http://leasingnews.org/archives/Mar2015/3_23.htm#signatures



(Leasing News provides this ad as a trade for appraisals and equipment valuations provided by Ed Castagna)

[headlines]
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Fifth Response
Videos Posted on Leasing News Without Authorization

Bulletin Board Complaint
Brian Acosta/Matrix Business Capital
by Christopher Menkin, Editor
http://leasingnews.org/archives/Jan2015/1_14.htm#matrix

"Also on January 14, 2015, Leasing News used BSC's videos, without BSC's consent, in a further attempt to denigrate our client. BSC has never authorized the Leasing News to use BSC's copyrighted videos on the Leasing News' website. Leasing News is still not authorized to post these videos and must take them down immediately." (1)



https://youtu.be/RVYtPZjLraw



https://youtu.be/J6R8kWFH2h8

 

The videos appear on YouTube (2), available to the public.

http://leasingnews.org/archives/Jan2015/1_14.htm#matrix

 

(1) New Cease and Desist Attorney Demand
Delete Leasing News Bulletin Board Complaints or Else!
http://leasingnews.org/archives/Mar2015/3_17.htm#cease

(2) YouTube
http://en.wikipedia.org/wiki/YouTube

 


(Leasing News provides this ad as a trade for appraisals and equipment valuations provided by Ed Castagna)

[headlines]
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Small Businesses Must Export East
to Maintain U.S. Leadership
by Maria Contreras-Sweet, SBA Administrator


Maria Contreras-Sweet
SBA Administrator

 In 15 years, the Asian market is projected to be six times larger than the U.S. market. Increasingly, we see an exploding Asian middle class adopting many of the same tastes and appetites for consumer goods that have long been hallmarks of American middle class life.  Mexico and several Latin American economies are not far behind.

More than 95 percent of the world’s consumers live outside of the United States, and only one percent of our small businesses are selling to them. If we’re going to maintain our global economic leadership as a nation, that must change.

One out of every five American jobs is tied to exports. These jobs generally pay better, nearly 20 percent better.

Small businesses today benefit from what some call the “economies of unscale,” meaning mass production and distribution systems are no longer the only path to success in global markets. Thanks to technological advances, small businesses are in a stronger position than ever before to meet consumer demand for specialized goods and services. Small businesses drive U.S. innovation, producing 13 times more patents per employee than their larger counterparts.  In the 21st century, nimbler small companies that tailor unique products for discerning consumers are finding a global demand for what they’re selling.

When our 28 million small businesses succeed, America succeeds and our economy grows. Last October, Federal Reserve Chair Janet Yellen called small business ownership one of the cornerstones of economic mobility

 

 

[headlines]
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Leasing Industry Ads---Help Wanted





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Irvine, California

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Reduce Receivable Delinquency

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 Please send resume and cover letter to: acole@quickbridgefunding.com


Senior Credit Analyst
Irvine, California

Underwrites larger, more complex transactions up to $250k in high volume faced paced environment. Works within credit and across departments to resolve issues and improve the credit submission process

Click here for full description.
 Please send resume and cover letter to: acole@quickbridgefunding.com

www.quickbridgefunding.com
Quick Bridge Funding has the financial
products a business needs to grow!

 


For information on placing a help wanted ad, please click here:
http://www.leasingnews.org/Classified/Hwanted/Hwanted-post.htm 
Please see our Job Wanted section for possible new employees.

 

[headlines]
--------------------------------------------------------------

“Running Personal Credit at Interview Procedure”
Career Crossroad---By Emily Fitzpatrick/RII

How important is my personal credit in the interviewing process?
In working in any sector within the finance industry, personal credit is very important in the interviewing process. Employers concerned about federal discrimination law will check credit only when there's a business need to do so e.g. you handle / sell financial solution products, perhaps run credit, handle checks, will be issued a corporate credit card, etc…. Unless an employer is located within a state that restricts employer-run credit checks in some way, e.g. CA (check with a leasing attorney)*, there's not much you can do about a credit check request other than refuse permission (some companies also check credit histories when employees are being considered for promotions).

Just be prepared that this will be part of the interviewing process and get our ducks in a row! Some employers will overlook a negative credit score IF the Candidate has a proven recent history of on time and consistent payments.

What will Show

As part of the pre-screening process, a potential employer will ask you to sign a consent form that will allow the employer to pull your credit history (by law, this written consent must be separate from other application materials). The report the company will receive will be just like a regular credit report, but some credit services remove information employers are not allowed to consider, e.g. age. (Most states will require that you also grant access to view the credit report.)

The employer will see delinquencies, bankruptcies, judgments, liens, and a list of your loans, mortgages, and credit-card accounts. Find out what is in your credit report before you start your job search so you are not blindsided.  There are many on line who will run one for free, as a trial to utilize their services.  You are also entitled to a free report each year.

“…If there's a mistake on your report, contact the creditor who made the error, clear it up and ask that agency to report the mistake to the three agencies. Many of these services will provide this for joining.  If there is adverse information about unpaid student loans, charge-card bills or bankruptcies on your report, do not waste your time and money on credit repair schemes. You cannot erase the truth from your credit file. However, time heals all wounds; most bad credit incidents will disappear from your record after seven years…”

How to Respond
My suggestion is to get our credit fixed or on track at least six months prior to any job search. If you have poor credit, acknowledge the error of your ways: 
… I am working hard to pay off all my debts, the downtown in the economy really hit our family … Since then, I've had clean credit and hope this won't deter you from extending an offer to me ….” If you are turned down for a job because of credit issues, the employer has to give you a copy of the report and explain your rights (FCRA).

If credit checks are derailing your job search, try applying with smaller companies where the hiring process is not standardized and there are no professional human resources folks to suggest credit checks.

RII does not claim to be an expert in employment law and suggests speaking to an attorney regarding any credit / legal issues / concerns regarding application requirements, etc.…

* These attorneys often will give brief answers “pro bono.”
http://www.leasingnews.org/Classified/Attorney/Attorney.htm 

Emily Fitzpatrick
Sr. Recruiter
Recruiters International, Inc.
Phone:  954-885-9241
Cell:  954-612-0567
emily@riirecruit.com
Invite me to Connect on LinkedIn
www.linkedin.com/pub/emily-fitzpatrick/4/671/76
Also follow us on Twitter #RIIINFO

Career Crossroads Previous Columns
http://www.leasingnews.org/Conscious-Top%20Stories/crossroad.html


[headlines]
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Equipment Lessor Entitled to Possession of Collateral
Without Proving Damages
by Tom McCurnin
Leasing News Legal Editor

Federal Court Allows CIT to Seize Collateral of Medical Practice Without Proving Precise Damages

CIT Group v Advanced Dental Concepts, 2013 WL 3716882 (E.D. Tenn. 2013)

The seizure of collateral before proving damages has always been a chicken and egg thing for many courts. The court is often unwilling to order possession and damages, so the secured creditor must decide which one he wants. The secured creditor doesn’t know its damages until it liquidates the collateral, and it can’t liquidate the collateral until it knows its damages.

In today’s case, a Federal Court allowed a secured creditor to seize the collateral of a dental practice before it established its damages. The facts follow.

CIT Small Business Lending Group financed the acquisition of a dental practice for Advanced Dental Concepts in 2006. The borrower defaulted in 2011. CIT sued in 2012 and the borrower answered the complaint.

CIT wisely moved for partial summary judgment, seeking only a judgment for possession of its collateral, while preserving its claim for a money judgment. The borrower opposed the motion, claiming the repossession of the collateral was premature until CIT put on some evidence of its damages. 

The Court looked at the pleadings and correctly decided that there was no dispute, that the borrower Advanced Dental Concepts was in default, but there was a question as to how much damage CIT suffered. The Court ordered that the borrower assemble its collateral for turn over to the secured creditor CIT. Because this was a partial summary judgment, the issue of the exact amount of damages was preserved until another day, presumably after resale of the collateral.

What are the lessons for the equipment lessor here?

First, although there is a chicken and egg dilemma here, this court had no problem with granting a partial summary judgment for possession. This case can be used as authority by creditor’s lawyers.

Second, motions for possession (claim and delivery and/or replevin) are often heard by magistrates, which sometimes tend to over-analyze fundamental issues. A summary judgment is heard by the actual trial judge. The secured creditor might prefer to move for partial summary judgment in lieu of a motion for replevin.

The bottom line is that the court got this issue right. The UCC allows the secured creditor to damages and possession of its collateral, and there is no reason why possession of the collateral cannot occur first. Indeed, it makes perfect sense.

CIT Case


Tom McCurnin is a partner at Barton, Klugman & Oetting
in Los Angeles, California.

Tom McCurnin
Barton, Klugman & Oetting
350 South Grand Ave.
Suite 2200
Los Angeles, CA 90071
Direct Phone: (213) 617-6129
Cell (213) 268-8291
Email: tmccurnin@bkolaw.com
Visit our web site at www.bkolaw.com
Previous Tom McCurnin Articles:
http://www.leasingnews.org

Previous Tom McCurnin Articles:
http://www.leasingnews.org/Conscious-Top%20Stories/leasing_cases.html

 

 

[headlines]
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(Terry retired January 1, 2015.  To honor him and his many years of writing for readers of Leasing News, Leasing News is posting columns he has written that are still meaningful today. While companies are moving toward electronic signatures for speed as well as validity, most companies still use a written signature. This one from Terry is from December 8, 2008.)


Late Notices and Collection

Many Leasing Companies have gone to ACH. I never wanted to do this as the late fees were always a good “profit,” especially if the lease was set up in “advance” and you were paying the bank in “arrears.” (It also helped with interim rent.)  Of course, late fees can be made on ACH when the payments are not available when due, according to your specific contract.

Regardless, delinquent accounts still exist and notices need to be sent to inform the lessee of the lateness and the charges they may incur for being late. Many lenders continue to charge small late fees and lessor’s charged either 5% or 10% of the payment, depending on the payment size. In addition the grace period is disappearing and phone calls to the delinquent lessee is occurring much sooner.

A few years ago, when I was managing a middle market leasing company, trying to squeeze out a little additional income, at a staff meeting, one of my employees stated that it was too bad we had to have a collection department because our good customers had to pay a higher rate to compensate for the collection cost on the past due accounts. That got us to thinking about how to have the lessees that were past due pay the full cost of their tardiness. When the comptroller and I added up the total cost of the collection activity and compared it to the late charges collected we were shocked that the late charges were not even close to the collection expense. So we began a discovery project to determine the actual cost of each letter, phone call, and lessee contact. Then we can up with a fee for each activity.

Our attorney required us to place into our lease agreement this phrase to give us the right to collect these additional fees:

Lessee shall pay to Lessor on demand (1) a late charge in the amount of the greater of (A) five percent (5 %) of the installment not paid when due, or (B) $ 10, plus, (2) interest on the installment not paid when due at an annual rate equal to six percent (6%) plus the Prime Rate from the date such installment was first due until such installment is actually paid, plus (3)

Lessor's expenses (calculated by such methodology as Lessor may select from time to time) of advising Lessee of the nonpayment, arranging for the payment, and otherwise collecting the late payment (including, without limitation, Lessor's internal costs (such as allocable portions of employee expenses) of such collection efforts, and expenses for professionals (such as attorneys) whose advice or assistance is sought in connection with such late payments), all determined in accordance with Lessor’s usual and customary procedures from time to time in effect.

Then we created a late notice that reflected the collection costs at that point in time. I believe they would be much higher today with the need to phone the lessee more often and quicker. Here is the late notice we sent back then:

ABC LEASING CORPORATION, 1234 MAIN STREET, SOMEWHERE, ANY STATE 12345
(123) 444-5555

Dear lease customer:
This late payment notice is to inform your company of the late fees and collection fees your company will accrue if your payment is delinquent and collector intervention becomes necessary on your lease. Please remit your payment immediately and on time for the remainder of your lease to avoid these charges being billed to your account.

Phone contact $30.00
Leave Message $15.00 
Late Fee-Fax $25.00
5% of your monthly payment if received after the 10 day grace period. 
Collection letter $55.00 
Information $15.00

Sincerely,
ABC Leasing Corp.

One of the questions raised in our staff meeting was how we were going to record and collect these fees. The answer to the first was that the collectors needed to record each call. This brought some speculation that that was a lot of work and many calls would not be recorded for a variety of excuses.

So I decided to make a revolutionary decision and created a commission of 25% for the collector on all collected fees with the exception of late fees added. This solved both the recording problem and the collection problem. In the second year of the program, 75% of the collection fees completely paid for the collection activity and an added bonus were that delinquency was cut in half. The collectors seem to work harder too!

 

Previous #102 Columns:
http://www.leasingnews.org/Conscious-Top%20Stories/Leasing_102/Index.htm



[headlines]
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Bode by the Side of Swimming Pool

The weather has been warm, especially for this part of the year. We hit 80 and 82 last week.  The week before we turned on the heater for the pool (and it is covered when not in used).

Here is Bode. I guess he is still a San Francisco 49er fan. Don’t know why.  Guess he is one of the “faithful.”

Usually, he will join us, but today just wanted to relax in the sun.
    Kit Menkin, Saratoga, California

 



[headlines]

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Four Upcoming Lease Academy Dates/Locations

An Academy for Lease & Finance Professionals (ALFP)
Is Being Offered at a Location Near You!

Finalize your studying to become a Certified Lease & Finance Professional (CLFP) by attending one of four ALFPs to be offered this year.

Act quickly as space is limited!

The Academy for Lease & Finance Professionals (ALFP) is a new product offered by the CLFP Foundation.  This three day event is designed to fully prepare an individual to sit for the CLFP exam assuming that the candidate has read The Certified Lease & Finance Professionals' Handbook prior to attending.  All of the mandatory sections of the exam, as well as three of the elective sections, are covered in-depth during the first two days. On the third day, the exam is offered, but is not mandatory.

The Locations

Southern California - May 7-9
Hosted by Banc of California; more information here

Texas - June 18-20
Hosted by Ascentium Capital; more information here

New York - August 13-15
Hosted by First American Equipment Finance; more information here

Midwest (Iowa) - November 5-7
Hosted by GreatAmerica Financial Services; more information here

To register for any ALFP, please contact: Reid Raykovich, CLFP: reid@clfpfoundation.org or (206) 535-6281 

Unsubscribe

 


[headlines]
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Connected Cars Will Be Huge
Especially in Asia
by Dave Smith, Business Insider

Smart, internet-connected cars are expected to take off in the next 10 years, growing from just 7 million shipments last year to roughly 69 million in 2020. But looking at the global landscape, BI Intelligence believes Asian countries will purchase the most connected cars over the next five years.

Based on Scotiabank data charted for us by BI Intelligence, Asia, which has seen car shipments grow substantially in the region over the last 20 years, will be largely responsible for the connected car boom, with 23 million of the 41 million new cars shipped that year having an internet connection. BI Intelligence expects connected car shipments will be affected by several factors, including "increased smartphone penetration, further deployment of cell service, and a declining average selling price for the connected car."

 

 

[headlines]
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August 28-September 4 Jazz Cruise
Sailing Alaska with Jeff Rudin and Crew

Sail with Divine Jazz Cruise to enjoy an intimate Jazz and Blues experience while enjoying the beauty of Alaska and British Columbia ports. This unique opportunity includes special moments and memories that are only available to our guests.

"My wife and I have organized this great line-up of singers and musicians, plus Mark Cantor's exclusive jazz films.  Please join us for a fun time in Alaska with Divine Jazz Cruise on one of Celebrity's finest ships.  Come make a memory of a lifetime!"
  Jeff Grudin
JeffR@quailcap.com 

Video of Celebrity Cruise Solstice Class (4:11)
https://www.youtube.com/watch?v=xlRr6qk9CQA&list=PLYLj8wLI4Ld-d-2yU9kK2_bMIQ2-hRdcQ&index=2

Contact:
Phone: (855) 854-5299
Email: info@divinejazzcruise.com

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

Former UCB Chief Credit Officer Convicted
of Securities Fraud and Other Corporate Fraud

The Fraud Caused the Ninth Largest Bank Failure with
Estimated Losses in Excess of $677 Million

WASHINGTON, DC - A federal jury seated in San Francisco, Calif., convicted Ebrahim Shabudin of seven felony counts of conspiracy, securities fraud, and other corporate fraud offenses stemming from the failure of  United Commercial Bank (UCB.

Shabudin, 66, of Moraga, Calif., was the chief operating officer and chief credit officer at UCB in 2008 and 2009. Shabudin was the second most senior officer in executive management at UCB after former Chief Executive Officer Thomas Shiu-Kit (“Tommy”) Wu.

The jury found Shabudin guilty of conspiring with others within the bank to falsify key bank records as part of a scheme to conceal millions of dollars in losses and to falsely inflate the bank’s financial statements. Among the records falsified were those filed with the U.S. Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) related to the third and fourth quarters of 2008 describing UCB’s so-called “Allowance for Loan Losses.” Also falsified were documents relating to UCB’s quarterly and year-end earnings per share as announced by the bank to the investing public. The guilty verdict followed a six-week jury trial before U.S. District Judge Jeffrey S. White of the Northern District of California.

The jury convicted Shabudin of one count of conspiracy to commit securities fraud; one count of securities fraud; one count of falsifying corporate books and records; one count of false statements to accountants; one count of circumventing internal accounting controls; one count of conspiracy to commit false bank entries, reports, and transactions; and one count of false bank entries, reports, and transactions.

“While Shabudin’s criminal scheme was complex, the bottom line is that this TARP bank senior officer had the chance to do the right thing, and he chose not to do it,” said Christy Romero, Special Inspector General for TARP (SIGTARP). “Testimony at trial revealed that in an effort to have the bank ‘break even’ in the third quarter 2008, Shabudin delayed downgrading loans despite knowing that collateral had declined in value or was missing out of an unfounded hope that something would change. He and his co-conspirators continued this ‘delay-and-pray’ scheme the next quarter, all while the bank applied for and received $298 million in TARP. The federal jury’s decision to convict Ebrahim Shabudin marks the third criminal conviction of a United Commercial Bank officer. After receiving TARP in November 2008, UCB failed less than a year later, leaving $298 million in losses on taxpayers’ TARP investment in the bank. SIGTARP is on watch, protecting American taxpayers, and we thank Melinda Haag and her exceptional team of prosecutors for standing united with SIGTARP in the fight against bailout-related crime.”

“UCB is one of the largest criminal prosecutions brought by the U.S. Department of Justice of wrongdoing by bank officers arising out of the 2008 financial crisis,” said U.S. Attorney Haag. “With actual losses exceeding a half a billion dollars, the prosecution of Shabudin and other senior officers at UCB is one of the most significant financial fraud cases in the history of the Northern District of California. I am proud of the collaboration with our law enforcement partners at FDIC-OIG, SIGTARP, Federal Reserve Board and CFPB-OIG and the FBI, without whom the successful prosecution of this
complex and challenging case would not have been possible.”

On Nov. 14, 2008, UCB received approximately $298 million in taxpayer funds through the U.S. Department of the Treasury Troubled Asset Relief Program (TARP). When the bank failed and was taken over by the FDIC on Nov. 6, 2009, the full TARP investment was lost. With over $10.9 billion in assets, UCB’s failure was the ninth largest failure since 2007 of a bank insured by the FDIC’s Deposit Insurance Fund, according to the FDIC. In 2013, the FDIC estimated that total losses for UCB would exceed $1.1 billion. Through 2014, however, with the recovery of the U.S. economy, the FDIC now estimates the loss to the Deposit Insurance Fund to be approximately $677 million.

In all, Shabudin faces a total overall maximum term of 145 years of imprisonment; up to $16,750,700 in fines and assessments; and up to 27 years of supervised release. Shabudin’s actual term of imprisonment, fines and assessments, and term of supervised release will be imposed by the court at a sentencing hearing currently set for June 30, 2015, after consideration of the U.S. Sentencing Guidelines and the federal statute governing the imposition of a sentence.

On Dec. 9, 2014, UCB’s chief financial officer, Craig S. On, pleaded guilty to one count of conspiracy to make a materially false and misleading statement to an accountant.

On Oct. 7, 2014, the bank’s senior vice president, Thomas Yu, pleaded guilty to charges of conspiracy to commit false bank entries, reports, and transactions related to his preparation of false and misleading reports.

The prosecution is the result of a five-year investigation by SIGTARP, the FDIC-OIG, the Office of Inspector General for the Board of Governors of the Federal Reserve System and the Consumer Financial Protection Bureau, and the FBI.

The case is being prosecuted by Assistant U.S. Attorneys Adam A. Reeves and Robert David Rees of the Northern District of California, with the assistance of Denise Oki, Phillip Villanueva, Bridget Kilkenny and Trina Khadoo.

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

 

((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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German Shepherd
Salt Lake City, Utah Adopt-a-Dog


Rolo
Pet ID: D2015049
Male

Utah Animal Adoption Center
1955 N. Redwood Road
Salt Lake City, UT 84116

Call the Utah Animal Adoption Center at (801) 355-PETS (7387) for additional information or email info@utahanimals.org.

Open hours to the public are Tuesday - Saturday, 10 AM - 6 PM. Please note that we stop showing animals at 5:30 PM.

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

 

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Classified Ads---Marketing

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http://www.tollinadvertising.com/
SAWBUX: a different kind of marketing firm.  Built by deal guys for deal guys, we drive sales and create winning brands. Contact:
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Leasing Industry Outsourcing
(Providing Services and Products)

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

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News Briefs----

Gary Souverein Sells 5,000 Shares of Chesswood Group Stock (CHW)
http://www.dakotafinancialnews.com/gary-souverein-sells-5000-shares-of-chesswood-group-stock-chw/98179/

US Companies Waste $100 Billion Each Year on Equipment Leasing
http://daily.financialexecutives.org/us-companies-waste-100-billion-each-year-on-equipment-leasing/

Australia to Join Regional Development Bank Led by China
http://www.nytimes.com/2015/03/29/world/asia/australia-to-join-regional-development-bank-led-by-china.html?_r=0

Altera stock soars on report of sales talks with Intel
http://www.seattletimes.com/business/altera-stock-soars-on-report-of-sales-talks-with-intel/


Collector
Irvine, California

Resolve Customer Billing Issues
Reduce Receivable Delinquency

Click here for full description.
 Please send resume and cover letter to: acole@quickbridgefunding.com


Senior Credit Analyst
Irvine, California

Underwrites larger, more complex transactions up to $250k in high volume faced paced environment. Works within credit and across departments to resolve issues and improve the credit submission process

Click here for full description.
 Please send resume and cover letter to: acole@quickbridgefunding.com

www.quickbridgefunding.com
Quick Bridge Funding has the financial
products a business needs to grow!

 

 
[headlines]

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--You May Have Missed It

Report: Suspects "Googled" how to rob a bank
http://www.coloradoan.com/story/news/2015/03/26/bank-robbery-suspects-booked-larimer-county-jail/70513496/



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SparkPeople--Live Healthier and Longer



To Beef or Not to Beef?
http://www.sparkpeople.com/blog/blog.asp?
post=to_beef_or_not_to_---beef


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Spring Poem

10:47

breathe

 

10:47

words move in the air

your hands move

time moves

but not here

10:47

 

you are talking

but my ears stopped at 10:46

when your kind

caring executioner’s eyes

met mine

and that word from your lips

cut like a scalpel through my breast.

 

Barry Marks

"Dividing by Zero"  108 Pages $15.26 Paperback
http://www.amazon.com/Dividing-Zero-Barry-Marks/dp/0942544919/ref=sr_1_1?s=books&ie=UTF8&qid=
1424283397&sr=1-1&keywords=marks+dividing


[headlines]

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Sports Briefs----

Duke outlasts Gonzaga to reach first Final Four since 2010
http://www.washingtonpost.com/news/sports/wp/2015/03/29/duke-outlasts-gonzaga-to-reach-first-final-four-since-2010/

Colin Kaepernick's new throwing mechanics following time
   with QB coach
http://www.ninersnation.com/2015/3/28/8305073/colin-kaepernick-throwing-mechanics-dennis-gile-quarterback-coach

Can Kaepernick make necessary adjustments? Warner answers
http://www.csnbayarea.com/49ers/can-kaepernick-make-necessary-adjustments-warner-answers?p=ya5nbcs&ocid=yahoo

Kurt Warner improving 49ers QB Colin Kaepernick's touch
http://www.usatoday.com/story/sports/nfl/49ers/2015/03/27/colin-kaepernick-kurt-warner-flag-football-accuracy-touch-san-francisco-arizona/70560182

Tom Brady gives Patriots fans heart attacks
 with cliff diving video (:41)
http://sports.yahoo.com/blogs/nfl-shutdown-corner/tom-brady-gives-patriots-fans-heart-attacks-with-cliff-diving-video-165621211.html 


Ray McDonald saga another confounding chapter in 49ers' offseason
http://www.pressdemocrat.com/sports/3728082-181/lowell-cohn-ray-mcdonald-saga

Stadium, transit wrestle with traffic congestion during Wrestlemania
http://www.sfgate.com/bayarea/article/Stadium-transit-wrestle-with-traffic-congestion-6166659.php

SF Giants make major cuts, pick their backup catcher
http://blog.sfgate.com/giants/2015/03/29/sf-giants-make-major-cuts-pick-their-backup-catcher/

Russell Wilson hit a home run at Rangers' spring training
http://ftw.usatoday.com/2015/03/russell-wilson-hit-a-home-run-at-rangers-spring-training


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California Nuts Briefs---

Searching for Evan S. Connell’s Bohemian Sausalito
http://www.nytimes.com/2015/03/29/travel/searching-for-evan-connells-bohemian-sausalito.html

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“Gimme that Wine”

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

NZ vintners pioneer low-alcohol techniques
https://in.news.yahoo.com/grape-nz-vintners-pioneer-low-alcohol-techniques-212402658--sector.html

A Return to Classic Napa Style
http://www.nytimes.com/2015/04/01/dining/wine-school-napa-valley-cabernet-sauvignon.html?_r=0

Bay Area restaurant finds video, proves negative Yelp review a lie
http://blog.sfgate.com/stew/2015/03/26/bay-area-restaurant-finds-video-proves-negative-yelp-review-a-lie/

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/

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

[headlines]
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This Day in American History

     1492 - King Ferdinand and Queen Isabella sign decree expelling Jews from Spain. Cristo Colombo’s navigator was Jewish, but this was not told to the royalty. Some believe Christopher Columbus name is Fernandes Zarco, born in Madeira, and he also was Jewish, but changed his name as Jews were expelled by Queen Isabella. History says it was Columbus’ Navigator who first saw the new land, they thought was India (thus the natives were called Indians) and also changed the date from the 13th to the 12th, as they thought it would be unlucky to record the event on that number. In reality, neither actually stepped on either the South or North America continents in their five trips to the area.
http://lege.net/blog.lege.net/financialoutrage.org.uk/r
eformation.org/portuguese-columbus.html
 
    1769 - Following the example of the Philadelphia merchants, Baltimore merchants join the non-importation movement by banning the purchase of English goods until the repeal of the Townshend Acts.
    1775 - King George III endorses the New England Restraining Act, which forbids the New England colonies from trading with any other countries except England after 1 July, and also bans them from fishing in the North Atlantic after 20 July. On 13 April the provisions of the act will also be applied to Maryland, New Jersey, Pennsylvania, South Carolina and Virginia when Parliament hears that these colonies have ratified the Continental Association.
    1820 - A group of New England missionaries arrives on the Hawaiian Islands, to be greeted by King Kamehameha II.
    1823 - A great Northeast storm with hurricane force winds raged from Pennsylvania to Maine. The storm was most severe over New Jersey with high tides, uprooted trees, and heavy snow inland.
    1842 - Dr. Crawford W. Long, having seen the use of nitrous oxide and sulfuric ether at “laughing gas parties”, observed that individuals under their influence felt no pain.  On this date he performed an operation under the influence of either. To honor him, March 30th is also “Doctor’s Day,” with the red carnation designated the official flower to worn in the lapel today.
    1843 - Napoleon E. Guerin of New York City patented an egg incubator for hatching chickens, revolutionizing the industry.
    1858 - Hyman L. Lipman of Philadelphia received the patent for inventing a pencil with an attached eraser. The pencil had a groove into which was “secured a piece of prepared rubber,
glued in at one end.”
    1867 – The United States government put the finishing touches on the deal to purchase that "large stump of ice," better known as Alaska. The acquisition, brokered in absolute secrecy by Secretary of State William Seward, saw the U.S. pay Alaska's owner, Russia, $7.2 million, or roughly two cents per acre of land. Though Alaska was the first bit of property ever relinquished by Russia, some American officials sneered at the seemingly barren new state. In certain circles, the deal was derisively known as "Seward's Folly."
    1867 - Birthday of Jessie Donaldson Hodder, prison reformer. When her common-law husband rejected her and their two children, she found work in the New York State prison system and developed reforms that became the model for the nation by giving women prisoners dignity, a chance to reform, education, etc.
    1870 - The Fifteenth Amendment was adopted. It stipulated that no state shall deprive any citizen of the right to vote because of race, color, or previous condition of servitude. After Reconstruction was ended by a deal with Southern Democrats to win their votes to decide the Presidential election in an electoral tie, Poll taxes and literacy tests cancel out Black and other minority voters in the South. In many counties, it would not be until the 1960’s and the birth of the civil rights movement that many were allowed to vote and poll taxes and literacy tests were outlawed.
    1882 - Birthday of Melanie Klein, pioneer child psychologist who believed cruelty against the mother affected the child much more than Freud and his school of followers had thought.
    1888 - Birthday of “The Louisiana Lady,” Camille Nickerson at the French Quarter, New Orleans.  Music arranger, composer, musician and educator, remembered for her musical talent and her work as a music collector who gathered and transcribed Creole music. Of Creole extraction herself, Nickerson performed for a time in the US and Europe using the stage name, “The Louisiana Lady.” She died at Washington, DC, at age 94.
    1889 - The first recorded golf mixed foursome was played at the Grey Oaks course of the St. Andrews Golf Club, Yonkers, NY, John B. Upham and Carrie Low played John Reid and Mrs. John G. Reid.
    1913 - Birthday of Frankie Laine, born Francesco Paolo LoVecchio in Chicago.  Actor, singer, known for many songs such as “Mule Train,” “Lucky ole Sun,” “Cool Water,” “I Believe, “Granada,” and singer of TV songs such as “Rawhide” and “Viva Las Vegas.” A top performer in the late 40’s and 50’s and on early television. Originally a jazz singer, he was sidetracked by the famous arranger Mitch Miller.  As rock and roll changed the music for many of these early 1950’s singers, Laine remained popular well into the 1960s. He died March 6, 2007 at the age of 93.
http://www.latimes.com/news/obituaries/la-me-laine7feb07,1,1340769.story?coll=
la-news-obituaries&ctrack=1&cset=true

http://www.frankielaine.com/
    1923 - In New York, the Audubon Ballroom was the site of the first dance marathon. Alma Cummings danced the fox trot, one-step and waltz with six partners.
    1942 – The Coast Guard was designated as a service of the Navy to be administered by the Commandant of Coast Guard under the direction of the Secretary of the Navy, similar to the administration of the Marine Corps.
    1943 - Rodgers and Hammerstein's first collaboration, “Oklahoma”, opens on Broadway.
    1945 - Eric Clapton’s birthday in Ripley, England. Singer with Yardbirds, Cream, Derek and the Dominoes, Bluesbreakers, Faith, and songwriter, best known for starting the “unplugged” video and CD trend.
http://www.sai.msu.su/~util/clapton.html
    1945 - Top Hits
“My Dreams are Getting Better All the Time” - The Pied Pipers
“A Little on the Lonely Side” - The Frankie Carle Orchestra (vocal: Paul Allen)
“Accentuate the Positive” - Johnny Mercer
“Shame on You” - Spade Cooley
    1945 - WILL, WALTER J., Medal of Honor
Rank and organization: First Lieutenant, U.S. Army, Company K 18th Infantry, 1st Infantry Division. Place and date: Near Eisern, Germany, 30 March 1945. Entered service at: West Winfield, N.Y. Birth: Pittsburgh, Pa. G.O. No.: 88, 17 October 1945. Citation: He displayed conspicuous gallantry during an attack on powerful enemy positions. He courageously exposed himself to withering hostile fire to rescue 2 wounded men and then, although painfully wounded himself, made a third trip to carry another soldier to safety from an open area. Ignoring the profuse bleeding of his wound, he gallantly led men of his platoon forward until they were pinned down by murderous flanking fire from 2 enemy machineguns. He fearlessly crawled alone to within 30 feet of the first enemy position, killed the crew of 4 and silenced the gun with accurate grenade fire. He continued to crawl through intense enemy fire to within 20 feet of the second position where he leaped to his feet, made a lone, ferocious charge and captured the gun and its 9-man crew. Observing another platoon pinned down by 2 more German machineguns, he led a squad on a flanking approach and, rising to his knees in the face of direct fire, coolly and deliberately lobbed 3 grenades at the Germans, silencing 1 gun and killing its crew. With tenacious aggressiveness, he ran toward the other gun and knocked it out with grenade fire. He then returned to his platoon and led it in a fierce, inspired charge, forcing the enemy to fall back in confusion. 1st Lt. Will was mortally wounded in this last action, but his heroic leadership, indomitable courage, and unflinching devotion to duty live on as a perpetual inspiration to all those who witnessed his deeds.
    1950 - Dr. John Northup Shive of the Bell Telephone Laboratories, Murray Hill, New Jersey, announced he had developed a phototransistor” operated by light rather than electric current. It was not until 1951 that transistors were produced commercially, the first for Western Electric, used in long distance dialing equipment. The microprocessor did not come along until the late 1970, developed by Intel, Santa Clara, California.  Read a wonderfully enlightening book by Jon Gertner, “The Idea Factory” about the innovative teams at Bell Labs during the explosive growth of AT&T, first to expand telephone service across  the US, the globally.  Among the inventions of the Idea Factory:  computers and mobile phones.
    1950 - President Harry S Truman denounces Senator Joe McCarthy as a saboteur of U.S. foreign policy.
    1953 - Top Hits
“Till I Waltz Again with You” - Teresa Brewer
“Don’t Let the Stars Get in Your Eyes” - Perry Como
“Pretend” - Nat King Cole
“Kaw-Liga” - Hank Williams
    1957 - Buddy Knox became the first artist in the Rock 'n' Roll era to write his own number one hit when "Party Doll" topped the Billboard chart. Buddy would go on to place four more songs in the Top 40 between 1957 and 1961.
    1957—Birthday of actor Paul Reiser, born New York, NY, best known
for TV series “Mad About You.”
    1958 - Little Richard had his final US Top 10 hit with "Good Golly Miss Molly". The song was from his last recording sessions for Specialty Records, after which he recorded a series of Gospel songs.
    1961 - Top Hits
“Surrender” - Elvis Presley
“Dedicated to the One I Love” - The Shirelles
“Apache” - Jorgen Ingmann
“Don’t Worry” - Marty Robbins
    1963 – “He's So Fine”, recorded by The Chiffons, jumped into the top spot on Billboard's record charts on this date, and stayed in the Number 1 spot for 4 weeks.
    1963 - Birthday of baseball player turned Rapper, M.C. Hammer, real name Stanley Kirk Burrell, in Oakland, California.
    1963 - 16 year old Lesley Gore records her breakthrough hit, "It's My Party". Producer Quincy Jones hurried Gore into the studio when he found out that Phil Spector was going to cut the song with The Crystals.  Gore passed away in Feb, 2015.
    1964 - One of the best known game shows on television, "Jeopardy", developed by Merv Griffin, first aired on NBC-TV. Host, Art Fleming never missed a show in 2,500 programs. Three contestants won cash by attempting to give the correct questions to an answer in six different categories. Contestants go through two rounds and a “final jeopardy,” where they can wager up to all their earnings on one question. The series returned in 1984 with Alex Trebek as the popular host.  Don’t miss the SNL parodies of “Jeopardy” with Will Ferrell as Trebek and Darrell Hammond as an irreverent and caustic Sean Connery as a celebrity guest with Norm MacDonald as Burt Reynolds.
    1966 - Los Angeles Dodgers pitchers Sandy Koufax and Don Drysdale ended their joint monthly long holdout by signing contracts for $130,000 and $105,000 respectively. Koufax (26-8 in 1965) and Drysdale (23-12) had shaken up the baseball establishment by joining forces and hiring lawyers to negotiate for them after learning that Dodger GM Buzzy Bavasi was playing them against each other. Still, their contracts fell short of their goal, a one-year deal for $1.05 million.
    1967 - No. 1 Billboard Pop Hit:  “Happy Together,'' The Turtles. The group is called the Crossfires before signing with Liberty Records.
    1967 - The cover of the Beatles' “Sgt. Pepper's Lonely Hearts Club Band'' album is staged and photographed at Chelsea Manor Studios in London using collage and wax figures from Madame Tussaud's famous museum. The actual cover is a painting of that photograph. Among the likenesses featured on the cover are Mae West, Shirley Temple, Fred Astaire, Bob Dylan, Tony Curtis, Marlon Brando, Oscar Wilde, Marlene Dietrich and W.C. Fields.
    1967 - BOBO, JOHN P., Medal of Honor
Rank and organization: Second Lieutenant, U.S. Marine Corps Reserve, 3d Battalion, 9th Marines, 3d Marine Division (Rein), FMF. Place and date: Quang Tri Province, Republic of Vietnam, 30 March 1967. Entered service at: Buffalo, N.Y. Born: 14 February 1943, Niagara Falls, N.Y. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty. Company 1 was establishing night ambush sites when the command group was attacked by a reinforced North Vietnamese company supported by heavy automatic weapons and mortar fire. 2d Lt. Bobo immediately organized a hasty defense and moved from position to position encouraging the outnumbered marines despite the murderous enemy fire. Recovering a rocket launcher from among the friendly casualties, he organized a new launcher team and directed its fire into the enemy machine gun positions. When an exploding enemy mortar round severed 2d Lt. Bobo's right leg below the knee, he refused to be evacuated and insisted upon being placed in a firing position to cover the movement of the command group to a better location. With a web belt around his leg serving as a tourniquet and with his leg jammed into the dirt to curtain the bleeding, he remained in this position and delivered devastating fire into the ranks of the enemy attempting to overrun the marines. 2d Lt. Bobo was mortally wounded while firing his weapon into the main point of the enemy attack but his valiant spirit inspired his men to heroic efforts, and his tenacious stand enabled the command group to gain a protective position where it repulsed the enemy onslaught. 2d Lt. Bobo's superb leadership, dauntless courage, and bold initiative reflected great credit upon himself and upheld the highest traditions of the Marine Corps and the U.S. Naval Service. He gallantly gave his life for his country.
    1968 - Quebecois chanteuse Celine Dion is born in Charlemagne, Canada. The singer has nine best-selling French albums under her belt before she records "Unison" in 1990.
    1969 - No. 1 Billboard hit:  “Dizzy,'' Tommy Roe. The song is Roe's biggest hit. It remains at No. 1 for four weeks and sells 6 million records.
    1969 - Top Hits
“Dizzy” - Tommy Roe
“Traces” - Classics IV featuring Dennis Yost
“Time of the Season” - The Zombies
“Who’s Gonna Mow Your Grass” - Buck Owens
    1969 - After having two giant hits with "The Letter" (#1) and "Cry Like A Baby" (#2), The Box Tops' "Sweet Cream Ladies" tops out at #28 on the Billboard Hot 100. They would reach #18 later in the year with "Soul Deep", their final Top 40 entry.
    1970 - "Applause" starring Lauren Bacall, opened on Broadway. The show became one of the hardest tickets to get. Critics called Bacall “a sensation.” The play was an adaptation of the movie, "All About Eve". It continued for 896 performances. In 1972, a London version of the show, also starring Bacall, opened.
    1970 - Television dramas were added to daytime lineups on both ABC and NBC. "The Best of Everything" and "A World Apart" were first aired on ABC. On NBC debuted "Somerset" and "Another World."
    1970 - After years of struggle and a nationwide boycott, the United Farm Workers sign the first table-grape contract with two of California's largest grape growers.  But the victory will prove to be only one battle in a long war. By 1974, the union is threatened not only by growers but by more powerful unions. The International Brotherhood of Teamsters will muscle its way into the fields and sign sweetheart contracts with growers who haven't signed with United Farm Workers. The combined wealth and political power of the Teamsters & the growers nearly destroys the UFW.
    1971 - The Bee Gees were given a gold record for, "Lonely Days". When playing the gold record, they heard the song at a faster speed and said, “Hey, this sounds like disco!” The rest is part of "Saturday Night Fever" history.
    1974 - John Denver hit #1 with, "Sunshine on My Shoulders", his first number one song. Three other Denver singles reached the top of the music world: "Annie’s Song", "Thank God I’m a Country Boy" and "I’m Sorry". "Take Me Home Country Roads" made it to number two, while "Rocky Mountain High" only reached number 9. Denver wrote Peter, Paul and Mary's "Leaving on a Jet Plane"; and won an Emmy for the television special, "An Evening with John Denver".
    1977 - A new era began in San Francisco football as Edward J. DeBartolo, Jr. bought the 49ers from the original owners. The 49ers never reached the NFL championship game while the Morabito family owned them, but they won five Super Bowls during the first 18 years of DeBartolo’s tenure. Forced to turn the team over to his sister due to a business dealing with the former Governor of Louisiana, the 49ers declined materially until they hired Jim Harbaugh as coach in 2010. They seem to have gone back to their post-Eddie stupidity as they fired Harbaugh after the 2014 and have suffered a number of early retirements of key players and let all-time Niners rushing leader Frank Gore leave for free agency. When he returns for retirement of jerseys, the fans go crazy over his attendance. I can personally attest that “Eddie! Eddie!” is the loudest yell of the events.
    1977 - Top Hits
“Rich Girl” - Daryl Hall & John Oates
“Dancing Queen” - Abba
“Don’t Give Up on Us” - David Soul
“Southern Nights” - Glen Campbell
    1977 - The Eagles' "Hotel California" starts climbing the Billboard LP Chart to the top.
    1977 - Hartford, CT, hit 87 degrees to establish a record for the month of March.
    1978 - Ellen Corby returned to Walton’s Mountain over a year after she left in an ambulance after a stroke. The episode was titled, "Grandma Comes Home".
    1981 - United States President Ronald Reagan was shot in the chest by a would-be assassin as he walked to his limousine in Washington DC. In the attack, Press Secretary James Brady and two police officers were wounded. John W. Hinkley Jr. was convicted for the crime and remains in prison serving his life sentence.
    1981 - Former Secretary of State Alexander Haig's televised announcement (while President Ronald Reagan was undergoing surgery after being shot by a would-be assassin): "As of now, I am in control here in the White House..." Haig continued to say, “Constitutionally, gentlemen, you have the president, the vice-president and the secretary of state in that order." What makes this so funny and memorable was his arrogance, plus the fact that he was incorrect. According to the New York Desk Reference, for those who want to get on "Who Wants to be a Millionaire", the line of Presidential succession is: 1.Vice-President, 2. Speaker of the House, 3. President Pro Tempore of the Senate, 4. Secretary of State, 5. Secretary of the Treasury. The point is that the Secretary of State is fourth in line, not second. He surely was not in charge.
    1983 - Basketball player Larry Bird, set a regular season Celtic scoring record as he got 53 points. The record remained until 1985 when Bird broke it himself with a 60-point performance on March 12.
    1985 - Top Hits
“One More Night” - Phil Collins
“Lovergirl” - Teena Marie
“We are the World” - USA for Africa
“Seven Spanish Angels” - Ray Charles with Willie Nelson
    1987 - Vincent van Gogh’s "Sunflowers" brought in $39.85 million, more than triple the record for a painting at auction. It was sold on the 134th anniversary of the artist's birth. Singer Don McLean wrote and sang a musical tribute to the artist, titled "Vincent", in April of 1972.
    1987 - A low pressure area spread heavy snow across the Ohio Valley and lower Great Lakes region. Cleveland, Ohio recorded 16 inches of snow in 24 hours -- their second highest total of record. Winds gusting to 50 mph created 8 to 12 foot waves on Lake Huron and the storm ushered in unseasonably cold air into the south central and southeastern US with nearly 100 record lows in 3 days.
    1987 -The 59th Annual Academy Awards extravaganza emanated from the Dorothy Chandler Pavilion of the Los Angeles Music Center. Chevy Chase, Goldie Hawn and Paul ‘Crocodile Dundee’ Hogan hosted. (Hogan was also an Oscar nominee for Best Writing, Screenplay Written Directly for the Screen with Ken Shadie and John Cornell for "Crocodile Dundee".) Now let’s get right to the good part: Best Picture: "Platoon" (Arnold Kopelson, producer); Best Director: Oliver Stone for "Platoon"; Best Actor: Paul Newman for "The Color of Money"; Best Actress: Marlee Matlin for "Children of a Lesser God"; Best Supporting Actor: Michael Caine for "Hannah and Her Sisters"; Best Supporting Actress: Dianne Wiest for "Hannah and Her Sisters" and Best Music/Song: Giorgio Moroder (music), Tom Whitlock (lyrics) for "Take My Breath Away" from "Top Gun". And HBO (Home Box Office) earned its first Oscar as "Down and Out in America" tied for Best Documentary feature. The cable-TV film played in a Los Angeles movie theatre for one week to qualify for the Academy Award. http://www.imdb.com/Sections/Awards/Academy_Awards_USA/1987
http://www.infoplease.com/ipa/A0149676.html
http://www.filmsite.org/aa86.html 1986?
    1989 - Gladys Knight performs solo for the first time since grammar school without The Pips during a gig at Bally's in Las Vegas. She became a regular in the town.  Ms. Knight, now a member of The Church of Jesus Christ of Latter-day Saints, continues to tour and record occasionally, and leads the Saints Unified Voices choir. 
    1989 - Thunderstorms developing along and ahead of a slow moving cold front produced large hail and damaging winds at more than fifty locations across the southeast quarter of the nation, and spawned a tornado which injured eleven persons at Northhampton, NC.
    1999 - 44th NCAA Ice Hockey Championship: Northern Michigan beats Boston University 8-7; Northern Michigan's 1st NCAA hockey title
    1992 - 64th Academy Awards (“Silence of the Lambs” sweeps with Best Picture, Anthony Hopkins as Best Actor and Jodie Foster as Best Actress). The 64th Annual Academy Awards statuette-passing-out-party was thrown at the Dorothy Chandler Pavilion, Los Angeles. Funny man and actor/producer/writer/director Billy Crystal was host as that creepy "The Silence of the Lambs" (Edward Saxon, Kenneth Utt, Ronald M. Bozman, producers) won the prize for Best Picture of 1991. "Silence" also won the Best Director Oscar for the creepy Jonathan Demme; Best Writing/Screenplay Based on Material from Another Medium for the creepy Ted Tally; Best Actor for the creepy Anthony Hopkins and Best Actress for the anything-but-creepy Jodie Foster. Jack Palance won Best Supporting Actor for playing Curly in "City Slickers" and the Best Supporting Actress Oscar was claimed by Mercedes Ruehl for "The Fisher King". Best Music/Song: Alan Menken (music), Howard Ashman (lyrics) for "Beauty and the Beast" from, you guessed it, "Beauty and the Beast". You probably wouldn’t have guessed that the movie, "Terminator 2: Judgment Day", nominated in six categories, won four Oscars for Best Sound (Tom Johnson, Gary Rydstrom, Gary Summers, Lee Orloff); Best Effects/Sound Effects Editing (Gary Rydstrom, Gloria S. Borders); Best Effects/Visual Effects (Dennis Muren, Stan Winston, Gene Warren Jr., Robert Skotak); and Best Makeup (Stan Winston, Jeff Dawn).
http://www.imdb.com/Sections/Awards/Academy_Awards_USA/1992
http://www.filmsite.org/aa91.html 1991?
    1992 – Steroid user Sammy Sosa was traded by the Chicago White Sox with Ken Patterson to the Chicago Cubs for George Bell.
    1998 - 60th NCAA Men's Basketball Championship: at Alamodome San Antonio, Kentucky beats Utah, 78-69
    2006 - As a result of the recently released book detailing Barry Bonds allegedly using performance-enhancing drugs, Bud Selig appoints George Mitchell to head an investigation into the use of steroids in baseball. The former Senate Majority Leader will have the authority to expand the probe, which will be made public, into events prior to Fall of 2002, when such substances were banned by major league baseball.  His 2007 “Mitchell Report” documented pervasive use of performance enhancing drugs, HGH, steroids, and other illegal substances, thereby providing some validity to similar charges leveled by Jose Canseco. The Report led to a Congressional investigation wherein Mark McGwire, Sosa, Roger Clemens, Curt Schilling, and Rafeal Palmeiro appeared, the latter denying vehemently that he never used, only to be found to have done so.  Sosa claimed to not understand English, and Clemens has been embroiled in a civil suit by his former trainer that alleged he personally injected Clemens during his time with the Yankees.  Somehow Barry Bonds escaped the subpoena.


NCAA Basketball Champions This Date
    1940 Indiana
    1943 Wyoming
    1981 Indiana
    1987 Indiana
    1998 Kentucky

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SuDoku

The object is to insert the numbers in the boxes to satisfy only one condition: each row, column and 3x3 box must contain the digits 1 through 9 exactly once. What could be simpler?

http://leasingnews.org/Soduku/soduko-main.htm

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Daily Puzzle

How to play:
http://www.setgame.com/set/puzzle_frame.htm

Refresh for current date:
http://www.setgame.com/set/puzzle_frame.htm

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http://www.gasbuddy.com/
http://www.gasbuddy.com/GB_Map_Gas_Prices.aspx
http://www.gasbuddy.com/GB_Mobile_Instructions.aspx

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Weather

See USA map, click to specific area, no commercials

http://www.weather.gov/

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Traffic Live---

Real Time Traffic Information

You can save up to 20 different routes and check them out with one click,
or type in a new route to learn the traffic live

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