|
Seeking Lease Representatives
in Baltimore, Atlanta,
Charlotte or Raleigh.
In these positions, you will develop and maintain relationships with lease brokers, leasing companies, equipment vendors and direct lessees throughout the Region. Must be knowledgeable in indirect/third party transactions ranging from $15K and up and have the necessary in-market experience. Please apply on-line at www.mandtbank.com.
At M&T Bank, we provide an exciting and challenging work environment where performance and innovative thinking are encouraged and rewarded at every level. With over 700 branches, your career can travel as far as you want to take it!
|
|
Wednesday, March 8, 2006
Headlines---
Correction: ELA President- Elect
Classified Ads---Sales
Sales Makes it Happen---by Winders
"The Use of Lease Proposals"
Weekly Bulletin Board Report
Southern California Repeater
The Most Complaints about this Company
The DDL Company
Placard-God Please Grant Me Patience
Lease Agreements/Commitment Letters
Classified Ads---Help Wanted
Atom Time
Kelly Joins Trinity's Biz Dev. Team
Spahr Joins Susquehanna Patriot
Callegari Joins Alliance Leasing
Parks Joins AG Commercial
CFO Presley to Leave Marshall & Ilsley
Equilease Raises $20MM Growth Capital
Ecologic Leasing Solutions: Strong
"Enabling Excellence" Awards
News Briefs---
You May have Missed---
Sports Briefs---
"Gimme that Wine"
Calendar Events
Today's Top Event in History
This Day in American History
Winter Poem--"Flight"
######## surrounding the article denotes it is a "press release"
Correction: ELA President- Elect
The picture in the "extra edition" on Monday, March 6, 2005, was not correct, including the web site where it came from. The errors were the picture and the website footnote. They belonged to Lloyd Millard Bentsen, Jr.
The biography we printed was correct:
BENTSEN, Kenneth E., Jr.
(1959-)
BENTSEN, Kenneth E., Jr., (nephew of Lloyd Millard Bentsen), a Representative from Texas; born in Houston, Harris County, Tex., June 3, 1959; graduated from Deerfield Academy, Deerfield, Mass., 1977; B.A., University of St. Thomas, Houston, Tex., 1982; M.P.A., American University, Washington, D.C., 1985; staff, United States Representative Ronald D. Coleman of Texas, 1983-1987; associate staff, United States House Committee on Appropriations, 1985-1987; investment banker; elected as a Democrat to the One Hundred Fourth and to the three succeeding Congresses (January 3, 1995-January 3, 2003); not a candidate for reelection to the One Hundred Eighth Congress in 2002, but was an unsuccessful candidate for nomination to the United States Senate.
Here is the correct picture of the new president-elect of the Equipment Leasing Association:
Ken Bentsen, Jr.
When we noted that Mr. Bentsen was a Democrat, many readers reminded Leasing News:
"You will find in Ken Bentsen's background info the fact that his uncle is Lloyd Bentsen, former U.S. senator from Texas and Democrat VP nominee in 1988."
Several readers sent us the quip:
"..and he is no John F. Kennedy either."
And as one reader remarked: "just what Washington, DC, needs, another lobbyist?"
Others wondered if this was an indication that the ELA Board thought the Democrats would win back the US Senate and House in 2006 (This is the first time in 40 years that the Republicans controlled both Houses.)
or
The ELA Board thought that perhaps a Democrat would be in the White House in three years (Hillary Clinton is the forerunner, the polls indicate.)
Several even wondered if the ELA board of directors would be joining their new president-elect in endorsing Hillary for President?!?!
[headlines]
--------------------------------------------------------------
Classified Ads---Sales
The Big Indians Chiefs 1911*
To view a larger panorama picture:
http://www.leasingnews.org/items/LN_Classified/Big_chiefs-large.jpg
Sales
Sales: Arizona/Southwest
Leasing and Financial Services Professional. Over 12 yrs+ experience in commercial municipal and federal leasing. Vendor programs and direct lessor, including technology and project finance.
email: leasingrel@yahoo.com
|
Sales: Bakersfield, CA.
I have an extensive sales and management background in equipment leasing. My work history exhibits my major strength in small ticket equipment leasing.
Email: pangress@msn.com |
Sales: Boston, MA.
Middle market originator, construction/Trucks /
Trailers w/ 8 years in territory, looking for company / bank with competitive products
Email: mrichlease@comcast.net
|
Sales: Boston, MA
Strong middle market origination, sales $15-20MM annually. Well-experienced in biz development, particularly trucks, construction, all manufacturing. Prefer traveling North/East territory.
Email: lhegeman@maine.rr.com |
|
Sales: Cedar Rapids, IA.
Formally trained in Credit, Collections, & Sales with regional bank. Seeking sales or sales management.
Over ten years |
in SM, vendor and end user.
Email: mjrprime@yahoo.com |
Sales: Central, NC.
7 yrs.equip leasing &finance; specialist in heavy construction equip for 2-top-5-specialty finance/lease companies, NC &VA territories. $10-15MM annual funding. Downsized in 2002, now independent broker with varied customer base. Email: sunriseleasing@aol.com |
Sales: Denver CO.
Experienced Equipment Leasing Broker looking for a in house leasing company. Can bring a book of business with me or develop new territory where needed.
Email: Steven@eagle2.net |
Sales: Detroit MI
Motivated self-starter w/5 yrs sales exp. IT leasing. Excellent communicator w/strong negotiation/biz dev. skills. Six-sigma certified w/ Fortune 50 company/book of business.
Email: playmakers1@sbcglobal.net |
Sales: East Central Florida
20+ years experience in all areas of leasing; sales, credit, operations, syndication. Currently independent seeking position with direct middle market lender in regional capacity
email: southernleasing@bellsouth.net |
Sales: Fresno CA.
Account Exec/Manager. 7+ years Leasing Sales: underwriting/contract, complex transactions, hi-tech, government, direct & vendor leasing. Captive & syndicator environments. Expert deal closer. Will send resume.
Email: dsp559@pacbell.net
Resume |
Sales: Greensboro, N.C. Seeking direct & broker sales w/major finance companies in NC or southeast market. Small to mid-ticket range. Stable &family oriented. Will have series 6,63,65 license shortly. Email: kc1492@aol.com |
Sales: Kansas City, MO.
20 years Senior Sales/Management experience in small ticket/government leasing. Program Management experience, managing 12
Reps. Credit Auth to $50K. Success in soliciting and maintaining accounts.
Email: dhundley1@kc.rr.com |
Sales: Los Angeles CA.
5 years experience structuring off-balance sheet finance solutions on computer and medical equipment. Perform detailed competitive analysis and market research. I uncover leads and sell.
email: barretthawk@hotmail.com |
Sales: Mission Viejo, CA
Account Sales Executive with 10 years of leasing experience looking for company to bring existing customer base.
Email: makelly21@hotmail.com |
Sales: Montgomery, AL.
Individual with 10 years advertising sales exp. & 7 years insurance sales exp. Wants independent contractor situation in Alabama.
Work with leasing company or broker.
334-281-5200
E-mail: billmcneal2003@yahoo.com |
Sales: Nashua, NH.
10+ years sales experience small & mid-ticket hi-tech & telecom in a captive and vendor environment. Seeking new sales opportunity in New England.
E-mail: RPepa@aol.com |
Sales: Newport Beach, CA
Direct sales rep. in the middle market w/22 years experience various types of equipment. Leasing/ financing from medical equip. to
mfg. equip.. Strong closer.
E-mail: pauldriscoll1@lycos.com |
Sales: Philadelphia , PA Seeking an open opportunity to advance in the automotive, commercial leasing & finance industry......... Email: alexe362002@yahoo.com |
Sales : Philadelphia, PA
25 years in Healthcare and seeking an opportunity to represent a lender for dental/medical funding in the Northeast to
Mid-Atlantic states.
email: mitutz@msn.com |
Sales: Portland, OR.
"Exp. In direct sales and sales mgmt.
I love Portland, but decent here jobs are few. Willing to be re-located, would like to work for you.
Email: pthygeson@netscape.net " |
Sales:Prairie Village, KS Have substantial deal flow and database of broker referral sources. Generated and closed over $22M LY. Seeking exclusive relationship w/direct founder.
Email: fiergl@aol.com
|
Sales: San Francisco Bay Area, CA
10+ yrs in middle market leasing. Seek direct lessor only. Transaction size from $500M to $10.0MM. Client base: printing, food, retail, manufacturing.
Email: edm173@sbcglobal.net |
Sales: San Francisco Bay Area, CA
Currently employed Vendor Program "Hunter", with complex program development experience. Also skilled at program management. Technology to yellow iron assets.
Extensive national rolodex.
Email: VdrPgmBizDev@aol.com |
Sales: SF Bay Area, CA.
15+ yrs--mid mkt. $500M to $10.0MM. Seeking role w/ captive or global leasing firm. large book to bring with me! Debt, tax, 1st amendment, etc.
Email: lac4002@yahoo.com |
Sales: Southern California
Equipment Financing Professional with strong background in Sales, Management, Marketing & Operations. Will consider relocation for Senior Sales or Management position offering dynamic growth opportunity.
Email: natsif@hotmail.com |
Sales: South Central U.S.
TX, OK, KS & AR Territory.
Equipment finance and leasing professional, 20 years experience. Top producer in middle to upper middle markets. Extensive customer base. Email: usleasingrep@yahoo.com |
|
For a full listing of all "job wanted" ads, please go to:
http://216.66.242.252/AL/LeasingNews/JobPostings.htm
To place a free "job wanted" ad, please go to:
http://216.66.242.252/AL/LeasingNews/PostingForm.asp
*The Big Indians Chiefs 1911
In order to protect our Ebay bidders, this price reflects the high bid on our last Ebay auction. Similar to a "market price" this price will remain in effect until this item is auctioned off again.
Size: 8.5" x 36"$41.00
http://www.snapshotsofthepast.com/thebigindianchiefs1911panoramicphoto.html
[headlines]
---------------------------------------------------------------
Sales Makes it Happen---by Terry Winders, CLP
" The Use of Lease Proposals"
Sales Make it Happen
The Use of Lease Proposals
By Terry Winders, CLP
The difference between a professional salesperson, and an order taker, has to do with how you discover the customer's true interest and what they will accept in a lease transaction. The proposal is an excellent tool to do this if you take the time to construct it wisely and include all of the differences that set you apart from your competition plus a complete explanation of the type of transaction you are proposing.
A lease proposal when presented correctly can properly present your terms and conditions to the potential lessee, however, it requires a complete presentation of all your terms and conditions. Space here does not lend itself to present a proper proposal so the discussion will address its purpose.
Some poorly presented proposals only discuss the rental terms and the three end of the lease options. While this may be acceptable in small ticket leases it will lose you most middle market transactions where the average customer is searching for the best "deal" and only understands a little about what a lease can do for them.
A professional lease salesperson extracts as much information as possible from discussions with the customer but also knows the importance of discovering your differences, or advantages, from your competition. These differences cover a large area such as grace periods, stipulated loss requirements, late charge assessments, property tax procedures, differences in documentation, return conditions or location, and ease of doing business.
Differences are advantages if presented correctly and differences abound if you look for them.
One of the most important steps, is the last one, often over looked, and in the parlance, can be a "conditional close," if done properly:
Review the proposal with your customer to view their reaction to each of your terms or conditions.
Most professional salespeople will tell you that they only discover the customer's true interest as they review the terms of the proposal. They usually have to modify the proposal to reflect the new facts, from the presentation, and return at a later date with the corrected presentation.
One of the secrets of presenting a proposal is to only give the customer a proposal termination date that is shorter than they want. If your proposal is the best they have then they will argue with you about the date.
If the "conditional close" did not work, it may mean you are not competitive. They will disregard the date and this should ring an alarm bell in you mind. Don't be fooled that the sale is "closed."
Proposals are only a tool. They do not sell your lease--- you do.
It is common for customers to pick up suggestions from other presentations and change their minds. If you just send them your proposal thinking that it is only the rate or payment that is the determining factor, you are missing the boat.
Each day the customer is exposed to new ideals and is prone to have a new thought as to what they want. You have to stay on top of these changes if you are to succeed. Many top salesmen believe the sale is closed after the equipment is delivered and accepted, and their commission clears the bank---not when the commitment letter is signed.
--
Terry Winders, CLP
Lease training and Consulting
502-327-8666
leaseconsulting@msn.com
|
|
[headlines]
---------------------------------------------------------------
Weekly Bulletin Board Report
Southern California Repeater
The Most Complaints Are About this Company
The DDL Company
Leasing News warned readers about Unicapital, United Capital, MSM Capital, writing about popular companies, their presidents, and "good old boys," to name just a few over the years. The last was EFG Leasing in Fresno, California, losing their corporate status in California, Nevada, and getting expelled from the Better Business Bureau as a member for all the complaints unanswered, including an FBI investigation on 19 leases not funded.
Even after the president, Kenneth Wheeler, passed away, Leasing News received inquiries about the company from vendors and brokers over the United States who were not paid for several months, wanting to know if we had any further information.
They had not heard of Leasing News before, or if they did, they were too busy to read the trade publication.
Leasing News is working on seven complaints at this time, here are three:
Southern California Repeater
This party has a "D" Better Business Bureau report. The latest complaint may push it to an "F." The Party does not want to be posted on the Complaint Bulletin Board and believes Leasing News is threatening him to settle with the party making the complaint.
In addition to the Better Business Bureau rating, Leasing News has received over seven complaints in the last four years, all now settled. Two e-mails were sent on February 17, then several telephone calls made over the next few days, then the e-mail were re-sent on February 22 nd , and more telephone calls.
It wasn't until the late afternoon that the party was reached by going through the sales department instead of operator or voice mail and not identifying who was calling. When the party was reached, he said he was too busy and he would call back on Friday at 3:00pm. On 3:15pm, Leasing News called him and the conversation started asking if he had received the several e-mails. For at least ten minutes he argued that it was only a "couple" and "not several" as there were only two e-mails. That four e-mails were sent, two repeated, was not satisfactory as "several" and during this time, he also avoided answering the e-mails.
In the end, Leasing News sent him 35 pages of documents, contracts signed April, 18,2005, e-mails, the sequence where his first salesman on May 31,2005 informed that the funder would not accept the type of equipment, and then on June 11 th , the first letter, then fax, mail, e-mail, telephone calls, and then on September 8 th , the idea of another lease using the deposit for the new lease and he was stalled again until October 16 when he signed a lease with another company.
Leasing News traded e-mail and telephone calls, asking for a statement or an explanation of why the company was not returning the deposit.
Finally on March 2 nd, he responded with the reasons that they kept the deposit:
We received application.
We received approval.
We received signed contracts with fee to complete deal.
Customer walked on us and did deal with competitor Fee offsets our costs per the agreement for the work done.
No new documents were provided, including an "the agreement for the work done."
The company in question does not hold a California Finance Lender's license during the course of the transaction, and has a "D"
Better Business Bureau report, plus "several" past complaints with Leasing News.
The Most Complaints Are About this Company
This company in Southern California has the record of the most complaints received at Leasing News. Their Better Business Bureau report is an "F." They have over 90 complaints with BBB.
It is our policy that if a complaint is resolved, it is not posted.
We act as an ombsbudsman, and the idea is not to "punish" a company but to help the person who made the complaint.
If the complaint is not legitimate or appears to be a civil dispute, we do not consider it. Leasing News also has found several complaints as unfounded.
In this case, the Jacksonville, North Carolina party found us via a Google search, and thought we might help them with a proposal signed on February 20,2004 requiring a $9,155 cashiers check.
The lease produced was at a much higher rate. The applicant asked for their deposit back.
April 12, 2004, they informed the leasing company they had three days to return the money or they would turn the matter over to their attorney.
April 23, 2004, their attorney wrote a letter of demand to the leasing company stating the reasons.
They decided it would be too costly to pursue the matter as the venue was to be in Orange County, California.
February 22, 2006, Leasing News contacted the company, who stated the files were in storage, and they would have to retrieve them. They admitted to having salesmen trouble and did not know the status of this.
After repeated calls, the paperwork had not been found. The president of the company promised to get to the bottom of it, if he had to go search himself.
One of the difficulties Leasing Companies have in returning deposits is that it is common among many companies (especially in Southern California-now don't start writing me letters that all leasing companies in Southern California are like this. editor) that half the Advance Rental is earned by the salesman if the lease does not go through.
The DDL Company
Ricky Patterson is trying to work out of his filing of Chapter 11 Bankruptcy filed on November 30, 2005. He moved out of his offices at 111 Taylor Plaza Driver, Greenville, Texas and is basically reportedly working out of his garage in hopes to get out of the $1.3 million debt of his corporation.
He has been working with CIT, HP, Marlin, and Wells Fargo.
His creditors are all IT suppliers as his company is basically a VAR that bundles and places into leases computer and related equipment.
Two of the creditors notified Leasing News to alert other leasing companies.
The DDL Company was written up here before at the beginning of last year with a lease funded by Greater Bay Bank, but the vendor was never paid, although the lessee was making payments to Greater Bay Bank. Eventually this complaint and others were paid, so DDL never made the Leasing News Complaint Bulletin Board.
As Ricky Peterson explains it, he never recovered from "fraud" that him his company with "no verbals" given when equipment was delivered. One involved a lessee who would not give one on a $35,000 lease after the equipment was delivered, another two were from a "ring" where equipment was shipped but the lessee never funded as the applications turn out to be fraud, costing his company $66,000, as he was the purchaser of the equipment from various supplies. The most bizarre from this group, he explains, was a laptop shipped to a residence of the officer of the company, when delivered, the people who answered the Federal Express said the party did not live here, but they signed for delivered anyway. As soon as the Fed Ex truck left, two men showed up at the door and explained the package was delivered to the wrong address and belonged to them.
It appears Mr. Peterson juggled money trying to get out of the predicament with law authorities "doing nothing to help," he says, and with some slow down in business, the cash flow evidently could not support the operation. There are no leasing companies in the list of creditors. It is his goal to get out of Chapter 11.
[headlines]
--------------------------------------------------------------
[headlines]
--------------------------------------------------------------
Lease Agreements/Commitment Letters
Before entering into considering leasing, an agreement between both parties, those seeking a lease, and those who will either directly provide the lease or the lease company who will do the actual transaction, an understanding needs to be signed by both original parties.
This allows the applicant protection, particularly if money is requested, even in a leasing contract is provided. It the lease does not move forward, a protection of both parties involvement should be spelled out and signed.
Here are typical "lease agreements" utilized in the equipment leasing industry.
The Greene Leasing Agreement
Designed to allow costs and other expenses to be kept if a lease does not fund.
http://www.leasingnews.org/Conscious-Top%20Stories/Greene_Lease_agreement.htm
Commitment Letter
This form is one of the most widely used in the leasing industry and covers most of the bases. Note: Last sentences about the signatures makes this more a "proposal," than commitment. If required, these sentences may be removed.
http://two.leasingnews.org/loose_files/Generic%20commit%20Letter.DOC
Master Lease Commitment Letter
This is for a "master lease," when they will be other schedules, dates of delivery and acceptance, and interim rent is to be imposed on the "funded" portion(s.) Note: Last sentences about the signatures makes this more a "proposal," than commitment. If required, these sentences may be removed.
http://two.leasingnews.org/loose_files/Master%20Lease%20Commit%20Letter.doc
Lease Application Fee Agreement
This is designed for the broker of leasing company to earn a fee and/or expenses should the lease not go together. This is a form that you can make into a template. First use "find, replace" to insert your name. It's purpose is generic, aimed at earning money for your time and expenses if a lease does not move forward.
http://two.leasingnews.org/loose_files/Lease_app_agreement.rtf
Authorization to Find a Lender
This form was designed for use in the State of California, where arranging for a loan requires a license. Real Estate and mortgage brokers may not need a California Financial Lender's License, as well financial institutions. Any third party "agent" does need the license. This may also apply in other states.
You can make a template on this form very easily. It primarily purpose is for real estate secured loans , equipment finance agreements, and "sale/leaseback" type situations.
http://two.leasingnews.org/loose_files/Authorization_to_find_lender.rtf
The form to allow for specific expenses being developed by Ken Greene,Esq. is in the process of being reviewed by the sponsors, and attorneys Leasing News has contacted.
Here are a list of the sponsors of the Greene Engagement Letter:
schriest@sbcglobal.net
Steve Chriest
Diablo Capital
1710 Les Trampas Rd.
Alamo, California 94507
925-570-5459
bcarlile@********-partners.com
Ben Carlile
******** Partners Incorporate
999 Fifth Avenue, Suite 300
San Rafael, Ca 94901
(415)257-4200
pateb@balboacapital.com
Patrick Byrne
Balboa Capital
2010 Main Street 11th Floor
Irvine, Ca. 92614
949.756.0800
Whawkins@bancpartners.com
Warren Hawkins
Bank Partners
2496 Rocky Ridge Road
Box 43738
Alabama, Ca. 35243
800-456-6639
gsaulter@chaseindustries.com
Gary Saulter
Chase Industries 109 Ottawa Ave.
Grand Rapids, MI 49503
(616) 459-6800
gtrebels@ifccredit.com
Gary Trebels, CLP
8700 Waukegan Road
Suite 100
Morton Grove, IL 60053-2103
(847) 663-6700
tkabot@lease-it.com
Theresa Kabot
Kabot Commercial Leasing
7043 - 12th Ave., N.W.
Seattle, WA 98117
(206) 301-9960
clester@lpifinancial.com
Charlie Lester
LPI Financial Services
3535 Roswell Road Suite 62
Marietta, GA 30062
800-573-7796
blarsen@leasingpartnerscapital.com
Bruce Larsen
Leasing Partners Capital
1211 Hamburg Turnpike
Wayne, New Jersey 07470
(973)709-0118
mwatkins@gogenevacapital.com
Mark Watkins
Geneva Capital LLC
522 1/2 Broadway Street
Alexandria, MN 56308
800.408.9352
[headlines]
--------------------------------------------------------------
Classified Ads-Help Wanted
Account Executive
|
Account Executive
Seeking an assertive, goal-oriented, profit-motivated Account Executive with sales experience in the equipment finance industry for Irvine , California headquarters. Unlimited earning potential - competitive salary with bonus and commission. Send resumes to llewis@calfirstlease.com or log on to www.calfirstjobs.com/apply_now.htm to apply for position.
|
|
Financial Analyst
|
Financial Analyst - Irvine, CA
Calfirst Leasing Corporation is looking for experienced individual with a commercial credit analysis background. This opportunity affords a competitive salary plus great medical and 401k benefits. If you have a minimum of 2 years commercial credit analysis background, please send us your resume to learn more about this exciting opportunity. Send resumes to bbumblis@cfnbc.com.
|
|
Lease Representatives
|
Seeking Lease Representatives
in Baltimore, Atlanta,
Charlotte or Raleigh.
In these positions, you will develop and maintain relationships with lease brokers, leasing companies, equipment vendors and direct lessees throughout the Region. Must be knowledgeable in indirect/third party transactions ranging from $15K and up and have the necessary in-market experience. Please apply on-line at www.mandtbank.com.
At M&T Bank, we provide an exciting and challenging work environment where performance and innovative thinking are encouraged and rewarded at every level. With over 700 branches, your career can travel as far as you want to take it!
|
|
Sales Manager
|
Sales Manager - Irvine, CA
We're looking for a detail oriented, profit driven Sales Manager with 10 years experience in sales and/or management in the middle ticket equipment finance/leasing industry. Great opportunity for huge earnings potential as we offer a competitive salary with bonus and commission. Send resumes to llewis@calfirstlease.com .
|
|
[headlines]
--------------------------------------------------------------
http://www.atomtime.com
AtomTime Pro is a Windows application which will connect to the Atomic Clock time server in Boulder, Colorado (USA) via the Internet and fetch the current atomic clock time value. It compares this value to your PC time and displays the difference. You then have the option of updating your PC clock to match the atomic clock value. There are a number of options to automate the update process. AtomTime Pro also features support for most proxy servers.
This program is free as a demo, and you can actually keep for more than 30 days, but I preferred to pay for it for my work station and home computer.
I have found the "free" time programs often incorrect, or full of spam and pop-ups. I also pay for the licenses as I would like to see the company stay in business.
Up-Grade: $7.00
Single License: $12.00
Multi-Licenses Available
http://www.atomtime.com/registration.html
[headlines]
### Press Release ###########################
Christopher Kelly Joins Trinity's Business Development Team
San Francisco, Bank of the West announced the hiring of Christopher M. Kelly as Vice President of Business Development for Trinity Capital's Diversified Industries business team in Vendor Leasing. Trinity is a division of Bank of the West based in San Francisco.
"Chris will be responsible for sourcing and signing of strategic vendor program alliances with national and international manufacturers of capital equipment in this very attractive market segment," said Nick Gibbens, vice president and manager of the Diversified Industries business team. "We look forward to Chris's contributions, leveraging his extensive vendor and business development experience."
Kelly has more than 27 years of Vendor Leasing experience with companies such as CIT, GE Capital, and Chase Manhattan Leasing and will be located in Cambridge, MA. He can be reached at 617-395-8549, ckelly@trinitycapital.com.
CONTACT:
John Stafford
Phone Number: 415.765.4850
[headlines]
### Press Release ###########################
David Spahr Joins Susquehanna Patriot Commercial Leasing
Susquehanna Patriot Commercial Leasing Company, Inc. announces David Spahr has joined their Sales Team as an account executive specializing in the technology and computer industry.
Spahr has extensive experience in these industries most recently with Citicorp Vendor Finance.
"Susquehanna Patriot Commercial Leasing has been seeking the expertise and experience in this field that David can provide to help us grow this market and we are pleased to have him join our team", stated Donna Wesemann, Vice President of Sales.
Donna M. Wesemann
Vice President - Sales
Susquehanna Patriot Commercial Leasing Company, Inc.
Susquehanna Patriot Bank
877-969-7252, ext. 138
800-786-0023 - fax
[headlines]
### Press Release ###########################
Brian Callegari Joins Alliance Leasing as Vice President, Regional Leasing Manager
SYRACUSE, NY, - Alliance Leasing, Inc., a wholly-owned subsidiary of Alliance Bank, N.A., headquartered in Syracuse, N.Y., announces Brain Callegari, Vice President, Regional Leasing Manager has assumed the responsibility for non-resource, third party relationships.
Callegari, with over 22 years of leasing experience, was formerly with Meridian Leasing, Deerfield, Ill. and IBM Global Financing.
Alliance Leasing, Inc. is a commercial equipment lessor offering a full range of commercial and municipal leasing products for assets up to $5 million in value.
[headlines]
### Press Release ###########################
AIG Commercial Equipment Finance names Parks VP-Business Development
AIG Commercial Equipment Finance, Inc. (AIGCEF) is pleased to announce that David J. Parks has joined the company as Vice President-New Business Development reporting to Kirk Phillips, Vice President. Mr. Parks comes to AIGCEF with in excess of twenty-five years experience in the financial services industry. Most recently he was at PNC Leasing. Prior experience includes positions at leading companies including GMAC Commercial Finance, Boeing Capital, and McDonnell Douglas Finance. Dave holds a Bachelor of Arts degree in Economics from Cleveland State University and an MBA from The Ohio State University.
Mr. Parks will be responsible for the origination of middle market loan and lease transactions sourced on a direct basis with customers based in the Midwestern portion of the United States.
Dave will be based in Chicago, IL and can be reached at 847-517-6050 or at dave.parks@aig.com.
AIG Commercial Equipment Finance, Inc. (AIG CEF) is an equipment lease and finance subsidiary company of American International Group, Inc. (AIG). AIG CEF actively seeks middle and upper-middle market transactions and has platforms specializing in the general equipment, tax exempt, franchise, health care and rail markets, building long-term relationships with our business partners. More information on AIGCEF can be found at www.AIGCEF.com
American International Group, Inc. (AIG), world leaders in insurance and financial services, is the leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world. AIG's common stock is listed in the U.S. on the New York Stock Exchange and ArcaEx, as well as the stock exchanges in London, Paris, Switzerland and Tokyo.
[headlines]
### Press Release ###########################
John Presley, Chief Financial Officer, to Leave Marshall & Ilsley Corporation
MILWAUKEE, Wis., -- Marshall & Ilsley Corporation (M&I) today announced that John Presley has resigned as chief financial officer effective March 24, 2006. Presley announced that he has accepted an operating position at Fifth Third Bank. Presley joined M&I in October 2004.
"John has a passion for running a business line, and we understand his desire to return to that aspect of the financial services industry," said Dennis Kuester, chairman and chief executive officer, Marshall & Ilsley Corporation. "We would like to thank John for his contribution during his tenure at M&I, and wish him well in his future endeavors."
M&I has commenced a search for Presley's successor.
Marshall & Ilsley Corporation (NYSE: MI - News) is a diversified financial services corporation headquartered in Milwaukee, Wis., with $46.2 billion in assets. Founded in 1847, M&I Marshall & Ilsley Bank is the largest Wisconsin- based bank. M&I Bank has 194 offices throughout the state, in addition to 42 locations throughout Arizona; 13 offices in metropolitan Minneapolis/St. Paul, Minn.; and, locations in Duluth, Minn.; Las Vegas, Nev.; and, Naples and Bonita Springs, Fla. M&I's Southwest Bank affiliate has seven offices in the St. Louis area and one office in Belleville, Ill. Metavante Corporation, Marshall & Ilsley Corporation's wholly owned technology subsidiary, provides virtually all of the technology an organization needs to offer financial services. M&I also provides trust and investment management, equipment leasing, mortgage banking, asset-based lending, financial planning, investments, and insurance services from offices throughout the country and on the Internet ( http://www.mibank.com or http://www.micorp.com ). M&I's customer-based approach, internal growth, and strategic acquisitions have made M&I a nationally recognized leader in the financial services industry.
[headlines]
### Press Release ###########################
Equilease Financial Services Raises $20 Million in Growth
Capital from Cambridge Place Investment Management
SOUTH NORWALK, Conn., -- Gary N. Silverhardt, President and CEO of Equilease Financial Services, Inc., a specialty finance company, announced today that funds managed by Cambridge Place Investment Management LLP have agreed to invest $20 million in capital in Equilease; the initial closing of the investment occurred in January 2006 and subsequent closings will occur as capital is required by the Company. An additional $20 million may be invested at the discretion of the parties. The growth capital consists of a minority equity investment and a mezzanine facility to support the company's strategic growth. Carl Marks Advisory Group served as exclusive financial advisor to Equilease for the transaction.
Equilease plans to use the capital to expand its middle ticket and small ticket equipment leasing origination activities and to continue its acquisition of equipment lease portfolios in the secondary market. The company's portfolio acquisition and lease origination businesses are led by senior executives Michael Zwick and Arthur Mandell.
Mr. Silverhardt stated, "We are enthusiastic about the Cambridge Place investment, which enables us to fuel the next phase of our growth. The financing diversifies our funding sources and, more importantly, establishes a strategic relationship with a growth oriented partner who knows our industry well."
Quentin Cote, U.S. Head of Private Investments, led a team in negotiating and executing the transaction on behalf of Cambridge Place.
Christopher Wu, a Managing Director at Carl Marks, stated, "We are pleased to facilitate a significant and strategic financing for Equilease. Successful transactions such as this are achieved when both the company and financial sponsor share similar outlooks for the growth potential of the investment, and we believe Equilease has found the right partner in Cambridge Place."
Headquartered in South Norwalk, Connecticut, Equilease has a long history in the specialty finance industry as an originator and servicer of middle and small ticket equipment leases and loans, and as a purchaser of existing equipment lease portfolios in the secondary market. Mr. Silverhardt acquired 100% of the assets of Equilease in June of 2005. In the past three years, Equilease has acquired and managed equipment lease portfolios with an original equipment cost of more than $500 million. In its middle and small ticket lease origination business, the company offers financing nationwide for essential-use commercial and industrial equipment directly to end users and through equipment dealers and manufacturers. Equilease serves a broad spectrum of industries, including transportation, construction, manufacturing, distribution, logging, waste management, recycling and food processing, among others. Equilease is a member of the Equipment Leasing Association and the Eastern Association of Equipment Lessors.
Founded in 2002, the Cambridge Place Investment Management group is a leading global investment management group concentrating on the structured finance product market. Cambridge Place employs approximately 90 people located in London and Boston who provide local coverage of principal markets. The firm has gross assets under management of approximately $7 billion across three investment platforms: hedge funds, CDOs and a closed-end London Stock Exchange listed investment company.
Carl Marks Advisory Group LLC is a leading middle market merchant bank that provides a wide array of investment banking and financial and operational advisory services, including mergers and acquisitions advice, debt and equity capital placements, financial restructuring plans, strategic business assessments, improvement plans and interim management. The firm has offices in New York and Charlotte, North Carolina.
[headlines]
### Press Release ###########################
Ecologic Leasing Solutions, the Only Global Lease and Asset Management
Solution Provider, Reports Strong Financial Results for 2005
( Their Value to Clients: Vendors,Manufacturers, Service Providers,Lessees http://www.ecologicleasing.com/vtc.htm )
WASHINGTON, D.C. -- Ecologic Leasing Solutions (www.ecologicleasing.com), the only global lease and asset management solution provider to multinational corporations, announced strong increases in revenue and profits led by new corporate client acquisitions.
"We have had consistent growth over the last five years, our 2005 gross and net profits beat our own expectations, and in 2006 we expect to continue strong, consistent growth of our top and bottom lines," said Michael J. Keeler, President and CEO, Ecologic Leasing Solutions.
Major accomplishments achieved in 2005 included multi-year agreements signed with new and existing clients; a major new software release that helped the company win every competitive bid; expansion of operations; multi-lingual and multi-currency transaction support to its global clients; integration with market-leading ERP, Supply Chain, and CRM applications; and publication of leasing best practices.
"Executives of leading companies increasingly choose Ecologic for accurate management and reporting of leases and assets throughout their lifecycles to ensure sound financial decision-making, proper asset-level accounting and regulatory compliance," Keeler explained. "Our commitment to our corporate values drives how we do business and our success. This above all has lead to our ability to become the most trusted provider of outsourcing solutions to lessees and vendors in North America."
In 2005, corporations from a range of industries including financial services, manufacturing, defense, systems integration, and telecommunications selected Ecologic's rapidly deployable software and outsourcing services for managing all of their leasing activities, including transaction management, lease accounting, compliance, asset management, and funder relationship management. Company executives expect strong, consistent growth in 2006, as Fortune 2000 companies gain the visibility, controls, compliance, and rapid payback achieved by deploying Ecologic's solutions.
Ecologic's web-based services empower financial executives to view, manage, and control all leasing activities in multiple countries and enjoy proper accounting and reporting in compliance with Financial Accounting Standards (FAS), International Accounting Standards (IAS), Sarbanes-Oxley, and tax requirements.
"The economics, controls, and compliance enjoyed by Ecologic's clients are driven by the key capabilities of Ecologic's solution including step-by-step line-item reconciliation; electronic collaboration and integration among transaction parties; a funding process that is independent, competitive and shrewd; asset-level lease accounting, tax, financial coding, and portfolio management; environmentally safe asset disposition that generates cash; documented best practices, and customer service expertise with a leadership team of certified accountants and experienced controllers, all provided at a predictable, fixed monthly fee with no hidden costs," said Jonathan Crawford, Vice President of Engineering.
In 2005, 249 companies filed earnings restatements due to improper lease accounting. In response, Ecologic is soon to release additional capabilities to meet the needs of corporate executives seeking to improve the management and reporting of the financial and physical dimensions of their assets. For several years, Ecologic has provided executives and their stakeholders with complete visibility into financial dimensions of their lease and asset portfolios - from their summary note disclosure statements to the terms and obligations of each lease agreement and lease schedule down to the accounting (debits and credits) and tax for each asset.
This new capability will leverage Ecologic's integration platform, enabling companies to leverage their existing processes and stovepipe data stores, to improve data quality and compliance, and give executives the insight and details required to support internal and external audits, and negotiate the best financial results at any point of the lease term, especially, in mid-term and end-of-term events involving Fair Market Value leases. Clients will have immediate access to the new capability in Q2 2006 thereby enabling them to track, manage, and report on the details of all assets - from chairs to servers to airplanes.
Ecologic provides a comprehensive solution for the reporting, control, and management of all corporate leases and assets delivering visibility, compliance, rapid payback, and sound financial decision-making. Fortune 2000 companies deploy Ecologic to ensure their leasing activities are in compliance with FASB, IAS, Sarbanes-Oxley, and multi-jurisdictional tax regulations. Founded in 2000, the Company is headquartered in Northern Virginia, with offices in Montreal, and New York City.
For more information, visit: http://www.ecologicleasing.com
[headlines]
### Press Release ###########################
ECredit and National Association of Credit Management
Announce Call for Entries
for Second Annual "Enabling Excellence" Awards
Awards Sponsored by eCredit and NACM Recognize Pioneering
Credit and Collections Professionals
Dedham, MA and Columbia, MD:-eCredit, a leading provider of online solutions for credit and collections professionals, today announced a call for entries for the second annual "Enabling Excellence" Awards, co-sponsored by the National Association of Credit Management (NACM). Recognizing that credit and collections professionals are a key strategic driver in corporate performance, these national awards will acknowledge and honor those who have gone above and beyond managing daily credit and collections activities to elevate the role these processes play in an organization's operational success.
While individuals are encouraged to nominate their peers for improvement in any area of credit and collections, a series of sample categories have also been developed. These areas of improvement include the following:
· Achievement of improved performance metrics, possibly including reduced portfolio risk, increased customer satisfaction or lowered DSO
· Implementation of a successful credit policy
· Facilitation of increased interdepartmental communication and interaction
Nomination forms are currently available at www.ecredit.com/awards/ , and may be submitted through May 1, 2006. Judging by NACM and eCredit experts will be based on both qualitative and quantitative measurements attained, and will take place during May. Finalists and winners will be announced at NACM's 110th Credit Congress and Exposition, held this year from May 21-24 in Nashville, Tennessee. Prizes for finalists and winners include an expenses-paid trip to Credit Congress 2007, a plasma TV, and an mp3 player.
Former winners include credit professionals at Comcast, Eoff Electric Company, and Martin Marietta Aggregates. For more information about the Enabling Excellence Awards, please visit www.ecredit.com/awards/
or go to http://web.nacm.org/awards/EEAwards06.html or
contact Kate Anderson at eCredit at 781.752.1250.
About eCrediteCredit is a leading provider of online solutions for credit and collections professionals. Its award-winning on-demand software supports the mission critical processes of granting credit, monitoring portfolio risk, and collecting accounts receivables. eCredit also offers a comprehensive industry specific credit reporting and scoring solution that includes tens of millions of trade experiences on millions of companies, developed as a result of 14 years of credit management leadership. With deep roots in the credit and collections community, eCredit has continually demonstrated results by helping companies reduce bad debt and DSO while improving productivity and lowering costs. eCredit is a private company headquartered in Dedham, Massachusetts. Major clients include AB Electrolux, American Airlines, Chevron, Cisco, Ferguson, Samsung Electronics, Cargill, NEC Financial, Graybar, CDW, Sun Microsystems, and Ryder System. For more information, please visit www.ecredit.com .
eCredit.com and the eCredit.com logo are registered trademarks.
About NACM
The National Association of Credit Management (NACM), headquartered in Columbia, Maryland supports more that 25,000 business credit and financial professionals worldwide with premier industry services, tools, and information. NACM and its network of Affiliated Associations are the leading resource for credit and financial management information and education, delivering products and services which improve the management of business credit and accounts receivable. NACM's collective voice has influenced legislative results concerning commercial business and trade credit to our nation's policy makers for more than 100 years, and continues to play an active part in legislative issues pertaining to business credit and corporate bankruptcy. www.nacm.org
Norma Heim
NACM
410.740.5560
normah@nacm.org
[headlines]
### Press Release ###########################
--------------------------------------------------------------
News Briefs----
Productivity declines in fourth quarter while labor costs increase
http://www.signonsandiego.com/news/business/20060307-1501-economy.html
Consumers increase borrowing in January at fastest pace in four months
http://www.signonsandiego.com/news/business/20060307-1204-consumercredit.html
OPEC to Forgo Production Cut
http://www.nytimes.com/aponline/business/AP-OPEC-Meeting.html
GM to Cut White-Collar Retirement Costs
http://www.washingtonpost.com/wp-dyn/content/article/2006/03/07/AR2006030701626.html
Greenspan's Book Deal Is Said to Be Among the Richest
http://www.nytimes.com/2006/03/08/business/media/08book.html?_r=1&oref=slogin
Microsoft debuts new search tools on Windows Live
http://seattletimes.nwsource.com/html/businesstechnology/
2002850605_webmsnsearch07.html
American Idol Buzz
http://www.accessatlanta.com/blogs/content/shared-blogs/accessatlanta/idol/entries/
2006/03/07/37_mandisas_nig.html
[headlines]
---------------------------------------------------------------
You May Have Missed
SUVs losing ground to crossover vehicles
http://www.boston.com/cars/news/articles/2006/03/07/
suvs_losing_ground_to_crossover_vehicles/
[headlines]
---------------------------------------------------------------
Sports Briefs----
Book traces Bonds' steroids use to McGwire-Sosa HR race
http://sfgate.com/cgi-bin/article.cgi?f=/c/a/2006/03/07/MNG90HJF4N22.DTL
NFL players, regulators try to find hedge fund cash-Out $Millions
http://www.usatoday.com/money/industries/brokerage/2006-03-07-nfl-hedge_x.htm
[headlines]
----------------------------------------------------------------
"Gimme that Wine"
New Wine Retailer Association Formed to Ensure Consumer Access to National Wine Market
http://sacramento.dbusinessnews.com/shownews.php?newsid=65112&type_news=latest
Rodney Strong Passes Away
http://cbs5.com/topstories/local_story_065163033.html
Raising the bar
Scott Beattie of Healdsburg's Cyrus restaurant turns cocktail creation into an extreme sport
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2006/03/02/WIG7LHEFNL1.DTL
Mobile bottlers gearing up
Move to smaller lots, record 2005 harvest driving expansions
http://www.northbaybusinessjournal.com/apps/pbcs.dll/article?AID=/20060306/
BUSINESSJOURNAL/60303041/1207&template=printart
www.winezap.com
http://www.wine-searcher.com/
If you want to know if you got a value for your wine, or what the wine price is today, go to www.winezap.com Type in the vintage (year) and name of the producer with wine type or geographic area, such as 1995 Chateau Lynch Bages Pauillac. Even 1995 Lynch Bages will work, or 1999 Viader
[headlines]
----------------------------------------------------------------
Calendar Events This Day
International Women's Day
A day to honor women, especially working women. Said to commemorate a 1957 march and demonstration at New York, NY, by female garment and textile workers. Believed to have been first proclaimed for this date at an international conference of women held at Helsinki, Finland, in 1910, "that henceforth March 8 should be declared International Women's Day.
Learn What You Name Means Day
Celebrate your name today by looking up (on line or at a library) its meaning. Annually, The Wednesday of Celebrate Your Name Week. www.jerryhill.com
No Smoking Day
United Nations: Day for Women's Rights and International Peace
An international day observed by the organizations of the United Nations system in some years, known as International Women's Day. www.un.org
[headlines]
----------------------------------------------------------------
Today's Top Event in History
1888- Susan B. Anthony appeared before the Judiciary Committee of the House of Representatives for four days, appealing for the woman's right to vote. On June15, 1919, the passed what they called the "Anthony Amendment" which the states ratified on August 26, 1920, giving women the right to vote in the United States.
http://memory.loc.gov/ammem/today/mar08.html
[headlines]
----------------------------------------------------------------
This Day in American History
1717 - On Fishers Island in Long Island Sound, 1200 sheep were discovered to have been buried under a snow drift for four weeks. When finally uncovered, one hundred sheep were still alive.
1790-The first U.S. Census started this month and was completed on August 1. the population was placed at 3, 929, 625, including 697,624 sales and 59,557 free blacks. the most populous state was Virginia with 747,610 people, and the largest city was Philadelphia, with a population of 42,444. The center of U.S. population was about equally divided between New England and the Middle Atlantic States, and the South. Massachusetts was the only state to report no slaves.
1862- The Confederate ironclad Virginia destroyed two Union frigates at Hampton Roads, Va., whereupon the Virginia retired, leaving the Union blockade intact. The crew of the Monitor, following naval regulations, had been using only half charges in its two 12-inch guns.
1863--In a daring raid with his commando-style raiders, Colonel John Mosby captured Union General E.H. Stoughton from his headquarters in Fairfax County Courthouse in Virginia . Mosby's irregular forces patrolled a northern area of Virginia that became known as Mosby's Confederacy. Supported by the local populace and reviled by his Northern enemies, Mosby's Rangers were one of the most successful of the Southern irregular forces.
1888- Susan B. Anthony appeared before the Judiciary Committee of the House of Representatives for four days, appealing for the woman's right to vote. On June15, 1919, the passed what they called the "Anthony Amendment" which the states ratified on August 26, 1920, giving women the right to vote in the United States.
http://memory.loc.gov/ammem/today/mar08.html
1909 - The town of Brinkley AR was struck by a tornado which killed 49 persons and caused 600,000 dollars damage. The tornado, which was two-thirds of a mile in width, destroyed 860 buildings. Entire families were killed as houses were completely swept away by the tornado. Tornadoes killed 64 persons and injured 671 others in Dallas and Monroe counties during the Arkansas tornado outbreak.
1912-birthday of Louis Beavers. Her Hollywood careers spanned 30 years and more than 125 films. Though she was forced to play stereotypical roles, such as those of maids, her authentic talent was always apparent. Her starring role in the film Imitation of Life earned her high praise. Beavers was a member of the Black Filmmakers Hall of Fame. She also played the title role in the TV series 'Beulah' (1951-53). Born at Cincinnati, Ohio, died at Los Angeles, Oct 26, 1962.
1913- The Internal Revenue Service began to levy and collect income taxes. The 16th Amendment to the Constitution, ratified Feb 3, 1913, gave Congress the authority to tax income. The US had also levied an income tax during the Civil War. President Abraham Lincoln signed into law a bill levying a 3 percent income tax on annual incomes of $600-$10,000, and 5 percent on incomes of more than $10,000. The revenues were to help pay for the Civil War. This tax law actually went into effect, unlike an earlier law passed August 5, 1851, making it the first income tax levied by the US. It was rescinded in 1872.
1918-Arranger/tenor sax/trombone player/bank leader Sam Donahue Birthday
http://www.hepjazz.com/bios/samdon.html
http://www.centrohd.com/biogra/d2/sam_donahue_b.htm
http://entertainment.msn.com/artist/?artist=151579
1922- Carl Furillo, baseball player born at Stony Creek Mills, PA. Furillo played right field for the Brooklyn Dodgers "Boys of Summer" teams of the late 1940's and 1940's. He compiled a .299 lifetime batting average and was known for his strong throwing arm, giving rise to his nickname, the "reading Rifle." Died at Stony Creek Mills, Jan 21, 1989.
1925 - Bernard McFadden was a physical culturist who had a radio show in New York City. He failed to show up this day for his daily morning program, causing a young, studio engineer, John Gambling, to ad-lib on the air for a solid hour. As a result, the radio station (WOR) decided to give Gambling the morning announcer's job. John Gambling stayed at WOR for many years, then turned the mike over to his son, who, finally, turned the program over to his son ... all named John. Mr. Gambling's "Rambling with Gambling" program attracted tri-state (New York, New Jersey, Connecticut) audiences in record numbers for over 70 years on the 50,000 watt talk-radio powerhouse at 710 AM on your radio dial from New York each morning.
1927--Birthday of pianist Dick Hyman, perhaps best known as the music director for Arthur Godfrey.
1935-Trumpet player Wingy Manone records, " Isle of Capri."
1935 -- Thomas Wolfe's second novel, Of Time and the River, is published to great acclaim.
http://library.uncwil.edu/wolfe/wolfe.html
http://www.ah.dcr.state.nc.us/sections/hs/wolfe/wolfe.htm
1935-saxophone player George Coleman born Memphis TN
http://entertainment.msn.com/artist/?artist=228859
http://www.duke.edu/~bsb5/jazz/one.html
http://stevekhan.com/coleman.htm
1936-guitarist Gabor Szabo born Budapest, Hungry. Died February 26, 1982
http://www.dougpayne.com/bio.htm
http://www.dougpayne.com/bio2.htm
1940- Cab Calloway Band records "Diz's Pickin' the Cabbage," perhaps the first Dizzy Gillespie music recorded.
1948-1960s pop singer Little Peggy March, whose real name is Margaret Battavio, was born in Lansdale, Pennsylvania. She was heard singing at a cousin's wedding, and someone passed the word along to RCA Victor. She was only 15 when she recorded "I Will Follow Him," which topped the Billboard Hot 100 in the spring of 1963.
http://www.peggymarch.net/pm.htm
1951-Pianist James Williams born Memphis, TN
http://jameswilliamspiano.com/
http://www.pianospot.net/cat2/1702937.html
1954- the Milwaukee Hawks and the Baltimore Bullets played the only two-team doubleheader in NBA history. The Hawks won both games, 64-54 and 65-54.
1955---Top Hits
Sincerely - McGuire Sisters
The Crazy Otto (Medley) - Johnny Maddox
The Ballad of Davy Crockett - Bill Hayes
In the Jailhouse Now - Webb Pierce
1963---Top Hits
Walk like a Man - The 4 Seasons
Rhythm of the Rain - The Cascades
You're the Reason I'm Living - Bobby Darin
The Ballad of Jed Clampett - Flatt & Scruggs
1964 -- Malcolm X announces split with Nation of Islam.
http://www.brothermalcolm.net/mxtimeline.html#sixtyfive
1965-The first U.S. combat forces in Vietnam, more than 3500 Marines, landed in South Vietnam to guard the U.S. Air Force base at Da Nang. They joined 23,500 other Americans serving as "advisers" in South Viet Nam. The United States began supplying Viet Nam with troops to fight the Japanese. In 1945, Lt. Col. A. Peter Dewey, head of American OSS mission, was killed by Vietminh troops while driving a jeep to the airport. Reports later indicated that his death was due to a case of mistaken identity -- he had been mistaken for a Frenchman. in 1945. After World War II, to stop communism, President Truman sent over military advisors. The first American to be killed was an OSS officer. In 1950, more aid was sent; $10 million dollars and 35 troops. Eisenhower continued this policy. During his term, Eisenhower will greatly increase U.S. military aid to the French in Vietnam to prevent a Communist victory. U.S. military advisors will continue to accompany American supplies sent to Vietnam. To justify America's financial commitment, Eisenhower will cite a 'Domino Theory' in which a Communist victory in Vietnam would result in surrounding countries falling one after another like a "falling row of dominoes." The Domino Theory will be used by a succession of Presidents and their advisors to justify ever-deepening U.S. involvement in Vietnam. Kennedy continued this policy. On December 21, 1961 that President Kennedy sent troops to Vietnam, actually 425 helicopter crewmen to provide support and training for South Vietnamese forces. It was not until Johnson had made promises to send in troops on his visit to Viet Nam. In 1961, during a tour of Asian countries, Vice President Lyndon Johnson visits Diem in Saigon. Johnson assures Diem that he is crucial to US objectives in Vietnam and calls him "the Churchill of Asia." It was he who was promoting a war to "stop communism." He did not want to appear "soft. History shows the first ground troops sent to Vietnam were 3,500 Marines who landed at the port of Da Nang in South Viet Nam on March 8,1965, authorized by President Johnson. The Marine's mission was to guard the air base there. They raised the total U.S. troop strength in Vietnam to 27,000. Eventually over 400,000 troops would be in Southeast Asia. It was Johnson's war. It was the reason he did not seek a second term.
http://www.english.uiuc.edu/maps/vietnam/timeline.htm
http://www.landscaper.net/timelin.htm
http://www.historyplace.com/unitedstates/vietnam/index-1945.html
http://mil.citrus.cc.ca.us/cat2courses/HIST155/Briefings/BRIEF1.HTM
1968-Tommy Moore, 6 years old, made a hole-in-one at the Woodbrier Golf Course in Hagerstown, MD.
1968 -- Bill Graham, owner of the Fillmore, San Francisco's legendary rock ballroom, opens Fillmore East in New York City. Opening bill features Albert King, Tim Buckley & Big Brother & the Holding Company.
1968 -- Meanwhile, back in the Frisco Bay area, Cream, James Cotton Blues Band, Jeremy Satyrs, & Blood Sweat & Tears at the Fillmore Auditorium. Over to the Avalon Ballroom is Love, Congress of Wonders, & Sons of Champlin.
http://www.sfmuseum.org/hist1/rock.html
1969 - Sly and the Family Stone began their fourth, and final, week at number one on the pop music charts with "Everyday People". When he was presented with the gold record for this achievement, Sly ripped it out of its case and played it, to hear, "People", by Barbra Streisand. He was heard to utter a few not printable words.
1971---Top Hits
One Bad Apple - The Osmonds
Mama's Pearl - The Jackson 5
Me and Bobby McGee - Janis Joplin
I'd Rather Love You - Charley Pride
1971- Joe Frazier won a 15-round unanimous decision over Muhammad Ali at New York's Madison Square Garden to become the heavyweight champion of the world. For the night, both Frazier and Ali collected $2,500,000.
1971-a snowstorm dropped 10 to 20 inches of new snow across Vermont to raise snow depths to record levels. 116 inches was measured on the ground on top of Mount Mansfield, the second highest snow depth ever recorded on the mountain up to the time. The town of Orange measured 88 inches on the ground for a new state low elevation snow depth record.
1975 - Olivia Newton-John reached #1 on the pop charts with "Have You Never Been Mellow". Olivia also reached the top spot with "I Honestly Love You", "You're the One That I Want" (with John Travolta), "Magic" and "Physical".
1976- Gary Wright is awarded a gold record for "Dream Weaver."
1979---Top Hits
Da Ya Think I'm Sexy? - Rod Stewart
I Will Survive - Gloria Gaynor
Tragedy - Bee Gees
Golden Tears - Dave & Sugar
1986- Martina Navratilova became the first woman tennis player to pass the $10 million mark in career earnings. She also set the single year record, $2,173,556 in 1984.
1987 -a record 24 hour temperature fall began at Detroit, Michigan. It started at 1:00 PM EST with a temperature of 74 degrees when a sharp cold front dropped the temperature down to 23 degrees at 1:00 PM EST on the 9th. The total temperature fall for the 24 hour period was 51 degrees. - Thirty-two cities in the eastern U.S. reported new record high temperatures for the date, including Madison WI with a reading of 71 degrees. Afternoon highs of 68 degrees at Houghton Lake MI and 74 degrees at Flint MI smashed their previous records for the date by fourteen degrees.
1987---Top Hits
Livin' ---Top Hits on a Prayer - Bon Jovi
Jacob's Ladder - Huey Lewis & The News
Somewhere Out There - Linda Ronstadt & James Ingram
Mornin' Ride - Lee Greenwood
1990 - Late afternoon thunderstorms produced severe weather in east central Iowa and west central Illinois. Thunderstorms spawned a tornado south of Augusta IL which traveled 42 miles to Marbleton. Golf ball size hail was reported at Peoria IL and near Vermont IL.
1992 -in the first 8 days of March, Las Vegas, Nevada recorded 1.87 inches of rain. This set a new monthly record for rainfall in March. The previous record was 1.83 inches set in 1973.
1994- Scottie Pippen and Pete Myers of the Chicago Bulls became the first teammates in NBA history to make four point plays in the same game. A four-point play is a three-point field goal followed by a free throw. The bulls beat the Atlanta Hawks, 116-95.
1994-a major snowstorm buried sections of Oklahoma, Missouri, and Arkansas. Ozark Beach, Missouri recorded 19 inches of snow, while Harrison, Arkansas checked in with 18 inches. Tulsa, Oklahoma had 12.9 of snow, for its greatest single storm snowfall ever.
1994---Top Hits
The Sign- Ace Of Base
The Power Of Love- Celine Dion
Whatta Man- Salt-N-Pepa Featuring En Vogue
Without You/Never Forget You- Mariah Carey
1996 -Elkins, West Virginia received 2.1 inches of snow on this day to bring its seasonal snowfall to 125.8 inches -- its snowiest winter on record.
1996 - An updated remake of La Cage Aux Folles, The Birdcage starring Robin Williams, Nathan Lane, Gene Hackman, Dianne Wiest, and Calista Flockhart, opened in United States theaters. The farcical film, directed by Mike Nichols, won a Screen Actors Guild award for Outstanding Performance by a Cast.
[headlines]
----------------------------------------------------------------
Winter Poem
Flight
Mama said wisely, "A boy gets to be a man when a man is needed. Remember this thing. I have known boys forty years old because there was no need for a man."
"When did Pepe come to be a man?" Emilo asked.
"Last night, "said Rosy. "Last night in Monterey." The ocean clouds turned red with the sun that behind the mountain.
Rosy looked around at him. She drew her knowledge from the quiet air. "He has gone on a journey. He will never come back."
"is he dead? Do you think he is dead?"
Rosey looked back at the ocean again. a little steamer, drawing a line of smoke sat on the edge of the horizon. "He is not dead," Rosy explained. "Not yet."
Pepe rested the big rifle across the saddle in front of him. He let the horse walk up the hill and he didn't look back. The stony slope took on a coast of short bursh so that Pepe found the entrance to a trial and entered it.
It was a long struggle to get to his feet. he crawled slowly and mechanically to the top of a big rock on the ridge peak. Once there, he arose slowly, swaying to his feed, and stood erect. Far below he could see the dark brush where he had slept. he braced his feet and stood there, black against the morning sky.
There came a ripping sound at his feet. A piece of stone flew up and a bullet droned off into the next gorge. The hollow crash echoed up from below. Pepe looked down for a moment and then pulled himself straight again.
His body jarred back. His left hand fluttered helplessly toward his breast. The second crash sounded from below. Pepe swung forward and toppled form the rock. his body struck and rolled over and over, starting a little avalanche. And when at least he stopped against a bush, the avalanche slid slowly down and covered up his head.
John Steinbeck
[headlines]