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######## surrounding the article denotes it is a “press release” and was not written by Leasing News nor information verified, but from the source noted. When an article is signed by the writer, it is considered a “by line.” It reflects the opinion and research of the writer.

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Terry Waggoner, J.D. Passes Away
TriCon/Bell Atlantic/Santa Barbara Bank/Trader Joe's

Perhaps it is more than fitting this Memorial Day weekend to write about the passing of a longtime friend, whom I met in the early 1970's. He was at UC Leasing, then TriContinental Leasing, which became Bell Atlantic, where he worked his way up to Vice President of National Accounts. He went to work later for Avent and then Santa Barbara Bank & Trust. His LinkedIn biography says: "Hired to develop new vendor and end user business for the 6th largest bank domiciled in California. Successfully developed two new national vendor programs. Developed the bank's first web-based marketing initiative for small ticket lease applications."

He went back to college, studied law, passed the bar, while working as a substitute teacher, actually also working at Trader Joes. He didn't go into law, but loved teaching and remained a substitute teacher for the Oxnard Union High School district for almost 13 years, until seriously injuring his ankle.

Readers may remember the many emails and stories in Leasing News regarding Terry's son Jeremiah, going to Afghanistan, 3 combat tours, entering Best Ranger competition, serving as Patriot Guard Rider for the Families of the Fallen.

He would sign emails, when talking about his son:
“Respectfully,
Terry Waggoner
Vet of 82nd Abn and 7th Special Forces (Abn)
Son of a WWII B-26 Pilot KIA
Proud Dad of SSgt Jeremiah Waggoner
82nd Airborne Ranger”

Terry also contributed placards, story ideas, encouragement, in the very beginning when Leasing News was a listserve. We communicated by personal email and as "friends" on his Facebook page. His favorite vacation spot was next door to ours on Kauai, Hawaii.

I certainly will miss his friendship, humor, and patriotism.
- Kit Menkin

Terry Van Waggoner, JD
Obituary

Our beloved husband, father, and brother, Terry Van Waggoner, went to his heavenly home on Friday, May 15, 2015. Terry was born on June 13, 1944, in Del Rio, Texas. As a youth he was an Eagle Scout and an extraordinarily bright young man who graduated from Texas City High School at the age of 16. Later he attended the University of Texas and graduated with a Master's degree in Business Administration. Most remarkable is Terry's academic achievement of Juris Doctor, when he graduated valedictorian from Southern California Institute of Law at the age of 61.

Terry's patriotic love for his Country led him to join the Army in the Vietnam War era. He was selected to be part of the distinguished 7th Special Forces 82nd Airborne Division.

Terry was a born leader and held several Senior Management Positions at Mitsubishi where he was in charge of Aircraft Financing, TriCon Leasing and Avnet as V.P. of Sales in the area of equipment leasing.

During the retirement years the vibrant and energetic Terry continued in the workforce as a mediator, substitute teacher, and most recently, crew member at his favorite store, Trader Joe's in Camarillo, CA.

Terry was a proud member of the Patriot Guard Riders. He enjoyed riding his motorcycle and hiking Mount Whitney. Terry loved and adored his children and touched the life of so many people. He is preceded in death by his two fathers, Henry Van Buren Waggoner and Arthur Gaty Simons; his sister, Deborah Ragland; nephew, Navy Aviation Electrician Stuart Dayton; and all of his grandparents. He is survived by his mother, Angela Simons; wife, Beate Christina Waggoner; children: Marc Waggoner, Jessica Gwaltney, Sgt. First Class Jeremiah Waggoner, 82nd Airborne Ranger, and Jericho Shannon; siblings, Sherry Wells, Janis Dayton Tangeman, John Simons; and numerous nieces, nephews, and grandchildren.

A memorial service will be held on Friday, May 22, 2015 at Conejo Mountain Funeral Home and Memorial Park, 2052 Howard Road, Camarillo, at 3:00 P.M. There will be a reception at the Funeral Home after the service.

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Position Wanted - Credit

Each Week Leasing News is pleased, as a service to its readership, to offer completely free ads placed by candidates for jobs in the industry. These ads also can be accessed directly on the website at:
http://www.leasingnews.org/Classified/Jwanted/Jwanted.htm

Each ad is limited to (100) words and ads repeat for up to 6 months unless the candidate tells us to stop. Your submissions should be received here by the end of each week.

Please encourage friends and colleagues to take advantage of this service, including recent graduates and others interested in leasing and related careers.

Will relocate for the right opportunity and can work remotely. I have (25+) years in making credit decisions, as well as helping sales team and third party originators close more transactions via understanding their applicant's financial abilities. I can create alternative or additional opportunities (and income) by knowing which type of loan is best for the borrower
aaacorrespondent@gmail.com

Orlando, Florida
As a Commercial Credit Analyst/Underwriter, I have evaluated transactions from sole proprietorships to listed companies, across a broad spectrum of industries, embracing a multitude of asset types. Sound understanding of balance sheet, income statement and cash flow dynamics which impact credit decisions. Strong appreciation for credit/asset risk.
rpsteiner21@aol.com
407 430-3917

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Element Financial to Raise $2.5 Billion
“New Capital to Fund Future”

May 13, 2015, Element Financial Corporation (TSX:EFN), Toronto, Ontario, Canada, announced that three month period ending March 31, 2015 saw net financial income of $133.8 million compared to $44.9 million ending December 31, 2014.

According to the financial information provided, the net income for
Element Financial was $49.497 million for the first quarter, March 31, 2015 compared to net income $15.8 million for March 31, 2014.

Total earning assets increased by $1.1 billion during the three month period to $10.8 billion as at March 31, 2015 versus $9.7 billion as at the end of the preceding quarter, the press release stated. Total debt for the first quarter was $9.095 billion compared to first quarter, March 31, 2014 of $2.2 billion, according to the financial statement provided with the press release. (1)

A press release for Canada release only, specifically not the United States for legal reasons, was issued on May 20, 2015 and amended May 21, 2015 regarding "New Capital to Fund Future.

The deal size increases to $2.5 billion from $2.2 billion by increasing the subscription receipts component to $1,850 million from $1,550 million; the overallotment option on the subscription receipts was reduced from $232.6 million to $185.0; the syndicate replaced Scotiabank with Macquarie Capital Markets Canada.

Steven Hudson
Chief Executive Officer

“As we discussed on our recent first quarter conference call, the process of consolidation continues to accelerate in Element’s Fleet Management and Railcar verticals, “Steven Hudson, Element’s Chief Executive Officer, said.

“The proceeds from this offering, together with the available leverage capacity in our capital structure, will enable us to act on acquisition opportunities that meet our criteria for accretion and value creation for our shareholders.”

The press release noted: “While the Company is regularly engaged in discussions regarding possible acquisition opportunities, the Company has not entered into any definitive agreement for an acquisition requiring the use of the net proceeds of the Offerings. The Company expects to continue to pursue discussions regarding possible acquisitions and to enter into negotiations with respect to such potential acquisitions and to actively pursue other acquisition opportunities that present themselves or become available. However, there can be no assurance that any of these discussions or negotiations will result in a definitive agreement and, if they
do, what the terms or timing of any such acquisitions would be or that such acquisitions will be completed by the Company.” (2)

May 13, 2015 Press Releasehttp://www.leasingnews.org/PDF/May132015Release.pdf
May 21, 2015 Press Release
"Equity Financing Upsized"
http://www.leasingnews.org/PDF/EquityFinancingMay2015.pdf

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Bill to Allow Anyone to Obtain CA Referral Fee
Passes the Senate, Now at the Assembly

SB 1987, authored by California State Senator Marty Block, District 27 (Cities of San Diego, Coronado, Del Mar, and Solana Beach), was amended (1) and passed by the Senate 36 to one (1). It was then sent to the Assembly, and held at the desk (2). It is aimed at unlicensed brokers and vendors who then will be able to receive a referral fee for recommending a commercial capital lease or business loan. (3)

The latest version of SB 197 takes out the dollar amount to be paid to the unlicensed referrer, and states: "You have been referred to us by [Name of Unlicensed Person]. If you are approved for the loan, we may pay a fee to [Name of unlicensed Person or Company] for the successful referral."

Also spelled out, "Two types of direct competitors that are not required to hold California Finance Lenders License (CFLL), merchant advance companies (not required to be licensed under the CFLL, because they are advancing, rather than lending money) and companies that partner with banks (not required to be licensed under the CFLL, because the loans are made under the banks' charters). CFLL licensees may offer better loan terms to businesses than competitors that lack CFLL licenses, but often lose customers to those competitors, because the competitors can't compensate those from whom they receive referrals, while the CFLL licensees are prohibited from doing so.”

(1) 36 Ayes Zero Noes
http://www.leginfo.ca.gov/pub/15-16/bill/sen/sb_0151-0200/sb_197_vote_20150518_0255PM_sen_floor.html

(2) Current Bill Status:
http://www.leginfo.ca.gov/pub/15-16/bill/sen/sb_0151-0200/sb_197_bill_20150518_status.html

(3) SB 197
http://www.leginfo.ca.gov/pub/15-16/bill/sen/sb_0151-0200/sb_197_cfa_20150513_165656_sen_floor.html

New Hires---Promotions in the Leasing Industry

Brent Broussard was hired as Senior Vice President of Sales, Creekridge Capital, Frisco, Texas, for the Technology Vendor Channel; based out of the greater Denver area. "He will be responsible for continuing to build Creekridge's technology sales platform and technology vendor channel." Previously, he was Vice President Sales-Information Technology, Key Equipment Finance (January, 1999 – May, 2015); Business Analyst, Dun & Bradstreet (April, 1996 – November, 1998). Education: Howard Payne University, BBA-Management (1988 – 1991).
https://www.linkedin.com/pub/brent-broussard/9/b42/666

Kory Grant was hired as Senior Vice President of Sales, Creekridge Capital, Frisco, Texas, "for the alternative markets vendor channel which includes all markets outside healthcare and technology. Mr. Grant will be responsible for continuing to build the alternative market vendor sales team and managing the company’s Business Development Managers." Previously, he was Business Development Manager, Macquarie Group (May, 2013 – February, 2015); Director of Sales, U.S. Bancorp Equipment Finance (2008 – May, 2013); Regional Sales Manager, US Bank (2004 – 2008); Inside Sales Representative, U.S. Bank (2002 – 2004). Education: Sanborn Public High School (1987). Minnesota State University, Mankato
https://www.linkedin.com/pub/kory-grant/2b/5b7/ab2

Jason Korby has been promoted to Senior Vice President of Sales for the Creekridge Capital, Minneapolis, Minnesota healthcare vendor channel. "He will be responsible for building Creekridge's healthcare sales team along with leading the sales team to identify, implement and manage all of Creekridge's healthcare vendor programs." He joined the company February, 2005, and rose to Director of Sales, West; promoted May, 2013 to VP National Sales. Prior, he was Account Executive, Western Region, Farnam Street Financial (January, 2004 – January, 2006); Inside Sales Manager, Plumtree Software
(June, 1999 – July, 2001); Industrial Analyst, Boeing Commercial Airplanes (June, 1997 – June, 1999). He is Board Member, Saints Men's Club (March, 2012 – Present). Member, Business Forums International (2014). Education: Washington State University, Bachelor's Degree, Business Management. Activities and Societies: Alpha Tau Omega Fraternity
https://www.linkedin.com/in/jasonkoby

James (Jim) M. Misener was hired as Business Development Manager, Lakes Leasing Corporation, London Ontario. Previously, he was an Independent Equipment Finance Professional (2012-May, 2015); Account Manager, Commercial Equipment-Ontario, National Leasing Group Inc. (September, 2011 – September, 2012); Finance Sales, Great Lakes, New Holland Inc. (August, 2010 – March, 2011); Financial Services Manager, CNH Capital (Canada) Ltd. (July, 2005 – July, 2010); Credit Analyst, Skyjack Inc. (March, 2005 – May, 2005); Independent Equipment Finance Professional (October, 2001 – February, 2005); Account Executive, Newcourt Financial Ltd./CIT Group Inc. (June, 1991 – September, 2001). Education: Sheridan College, Finance.
https://ca.linkedin.com/pub/james-jim-m-misener/41/644/332

JP Nicoletta was hired as VP of Sales for GSG Financial, LLC, New York, New York. Previously, he was VP of Sales, Eastern Funding, LLC (May, 2009-March, 2015); Area Vice-President, New World Equipment Funding, LLC (2005-2008), Relationship Manager, Sovereign Bank, CEVF (1999-2005), Account Manager, The Leeds Company ( 1998-1999). Education: Long Island University, C.W. Post Campus, MBA (2007 – 2010), Fordham University, B.S, Business Admin (1994 – 1998).
http://www.linkedin.com/in/jpnic419

Lance Rhodes was hired as Senior Vice President at BMO Harris Equipment Finance Company, Chicago, Illinois. He will be based in Chicago. He spent the last 12 years in Hunt Valley, Maryland, joining GE Commercial Financial as Associate Sales Representative, Intermediary Funding (2003-2005); moved to GE Capital Markets, 2005, as Assistant Vice President; promoted May, 2009 to Vice President; May, 2013, Senior Vice President. Prior, he was Financial Analyst, Mergers & Acquisitions, HSBC Securities (2000 – 2002). Organizations: Equipment Leasing and Finance Association. Financial Management Association. Special Olympics Volunteer. Education: Loyola University Maryland, Master of Business Administration, Finance (2006 – 2009); Activities and Societies: Beta Gamma Sigma Honor Society Member. Villanova University, Bachelor of Science in Business Administration, Finance (1996 – 2000). Activities and Societies: Men's Varsity Golf Team (96-97), Phi Gamma Delta National Fraternity, Gamma Phi Honor Society.

Ben Sadler was hired as National Account Manager at Huntington National Bank / Huntington Technology Finance, Atlanta, Georgia. Previously, he was Global Account Manager, Macquarie Equipment Finance (October, 2008 – April, 2015); Regional Sales Manager, Marlin Leasing (November, 2002 – November, 2008). Education: Piedmont College, BBA, Business (2000 – 2002).

Nick Sailors has been promoted to Director of Software Development at LeaseTeam, Inc., Omaha, Nebraska. He joined the form July, 2009,
and rose to Lead Senior Software Engineer; July, 2011, promoted to Manager, Software Development. Previously, he was Sr. Software Engineer, Cox Communications (June, 2004 – July, 2009); Lead Programmer Analyst, Intellitek (June, 2002 – June, 2004); Developer, Memberworks (March, 1999 – June,2001); Senior Airman United States Air Force (September, 1992 – March, 2000). Education: AIM Leadership Academy (2013 – 2014). University of Phoenix, BS, Information Technology (2005 – 2008). Activities and Societies: GPA: 3.7. Community College of the Air Force, Inventory Systems (1992 – 2000).
https://www.linkedin.com/in/nicksailors

Joe Thompson was hired as Chief Operating Officer at Wintrust Commercial Finance, Frisco, Texas. Previously, he was Senior Vice President, GE Capital (April, 2014 – May, 2015); Senior Vice President, GE Capital (April, 2014 – May, 2015); Senior Vice President, Transamerica (1999 – 2004); Senior Vice President, Transamerica (1999 – 2004). Certifications: Series 7, 63, 24 and 79 licenses. Education: University of North Texas, MBA, Finance (1990 – 1993). Texas Tech University, Rawls College of Business (1982 – 1986).
https://www.linkedin.com/pub/joe-thompson/6/486/259

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Take the Ralph Mango Baseball Challenge

Leasing News Associate Editor Ralph Mango challenges readers to identify the baseball players in the following poem, published Monday, May 11, 2015. The first person with the most baseball players matches to the nicknames will receive a $25 Email Starbuck Gift Card.

Rule #1, no “Google” or other browsers…Please try matching
from memory.
Rule #1A, Really, no cheating!!

Rule #2: In the event of a tie, earliest date of entry will determine the winner.

Some of these nicknames are associated with more than one player. All that is required is one of the players who played with that nickname. The match of the player and the nickname must be identifiable from a reliable source as determined by Da Judge.

Contest ends on Memorial Day, May 25, and the winner will be announced by June 10.

Judge will be Ralph Mango.

Send your guesses to: kitmenkin@leasingnews.org

Baseball Poem

Anthem
by
William (Sugar) Wallace

Catfish, Mudcat, Ducky, Coot.
The Babe, The Barber, The Blade, The Brat.
Windy, Dummy, Gabby, Hoot.
Big Train, Big Six, Big Ed, Fat.

Greasy, Sandy, Muddy, Rocky.
Bunions, Twinkletoes, Footsie, The Hat.
Fuzzy, Dizzy, Buddy, Cocky.
The Bull, The Stork, The Weasle, The Cat.
Schoolboy, Sheriff,
Rajah, Duke,
General, Major,
Spaceman, Spook.

The Georgia Peach, The Fordham Flash,
The Flying Dutchman. Cot.
The People's Cherce, The Blazer. Crash.
The Staten Island Scot.
Skeeter, Scooter,
Pepper, Duster,
Ebba, Bama, Boomer, Buster.

The Little Professor, The Iron Horse. Cap.
Iron Man, Iron Mike, Iron Hands. Hutch.
Jap, The Mad Russian, Irish, Swede. Nap.
Germany, Frenchy, Big Serb, Dutch,
Turk. Tuck, Tug, Twig.
Spider, Birdy, Rabbit, Pig.

Fat Jack, Black Jack, Zeke, Zack. Bloop.
Peanuts, Candy, Chewing Gum, Pop.
Chicken, Cracker, Hot Potato, Soup.
Ding, Bingo.
Hippity-Hopp.

Three-Finger, No-Neck, The Knuck, The Lip.
Casey, Gavvy, Pumpsie, Zim.
Flit, Bad Henry. Fat Freddie, Flip.
Jolly Cholly, Sunny Jim.
Shag, Schnozz,
King Kong, Klu.
Boog, Buzz,
Boots, Bump, Boo.

King Carl, The Count. The Rope, The Whip.
Wee Willie, Wild Bill, Gloomy Gus. Cy.
Bobo, Bombo, Bozo. Skip.
Coco, Kiki, Yo-yo. Pie.
Dinty, Dooley,
Tuffy, Snuffy,
Stubby, Dazzy,
Daffy, Duffy.

Baby Doll, Angel Sleeves, Pep, Sliding Billy,
Buttercup, Bollicky, Boileryard, Juice.
Colby Jack, Dauntless Dave, Cheese,
Gentle Willie,
Trolley Line, Wagon Tongue, Rough,
What's the Use.

Ee-yah,
Poosh 'Em Up,
Skoonj, Slats, Ski.
Ding Dong,
Ding-a-Ling,
Dim Dom, Dee.

Famous Amos. Rosy, Rusty.
Handsome Ransom. Home Run, Huck.
Rapid Robert. Cactus, Dusty.
Rowdy Richard. Hot Rod, Truck.
Jo-Jo, Jumping Joe,
Little Looie,
Muggsy, Moe.

Old Folks, Old Pard, Oom Paul. Yaz.
Cowboy, Indian Bob, Chief, Ozark Ike.
Rawhide, Reindeer Bill. Motormouth. Maz.
Pistol Pete, Jungle Jim, Wahoo Sam. Spike.
The Mad Hungarian.
Mickey, Minnie.
Kitten, Bunny.
Big Dan, Moose.
Jumbo, Pee Wee; Chubby, Skinny.
Little Poison.
Crow, Hawk, Goose.
Marvelous Marv.
Oisk, Oats, Tookie.
Vinegar Bend.
Suds, Hooks, Hug.
Hammerin' Hank.
Cooch, Cod, Cookie.
Harry the Horse.
Speed, Stretch, Slug.

The Splendid Splinter. Pruschka. Sparky.
Chico, Choo Choo, Cha-Cha, Chub.
Dr. Strangeglove. Deacon. Arky.
Abba Dabba. Supersub.
Bubbles, Dimples, Cuddles, Pinky.
Poison Ivy, Vulture, Stinky.
Jigger, Jabbo
Jolting Joe
Blue Moon
Boom Boom
Bubba
Bo

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Big 3 Banks Rake in Over $1 Billion
in Overdraft Fees during Quarter 1

SNL Financial Feature Report
By Robin Majumdar and Zuhaib Gull

The U.S.'s three largest banks collectively hauled in $1.14 billion from overdraft fees, including related service charges, during the first quarter. JPMorgan Chase Bank NA, Bank of America NA and Wells Fargo Bank NA each reported more than $350 million in overdraft fees.

Starting in the first quarter, banks with more than $1 billion in assets were required to report overdraft fees charged to consumers on transaction and nontransaction deposit products intended primarily for individuals. In total, approximately 600 banks filed the new overdraft data in the first quarter and collectively these companies took in $2.51 billion in overdraft fees.

However, even though the dollar amounts loomed large for the three largest banks, the values were a relatively small portion of the companies' overall noninterest income. All three of the larger banks generated less than 6% of noninterest income through overdraft fees.

This was in stark contrast to Woodforest National Bank, TD Bank NA and First National Bank Texas — all of which generated over 30% of noninterest income from overdraft fees.

TD Bank derived 30.29% of its noninterest income from overdraft fees — a rate higher than any other bank over $200 billion in assets. Overall noninterest income came in at $339.1 million for the bank. Interest income exceeded noninterest income by a factor of almost four-to-one at the bank.

Across the industry, the median proportion of overdraft fees to average consumer deposits was roughly 5 basis points. 16 of the top 20 banks by overdraft income had a rate of 15 basis points or less. In contrast, overdraft fees at First National Bank in Texas were equal to 2.50% of average consumer deposits, the highest percentage among the 20 companies.

On April 28, the CFPB fined Regions $7.5 million for unlawful overdraft practices. The bank was held accountable for charging overdraft fees to consumers who had not opted in for overdraft coverage, as well as charging overdraft fees and nonsufficient funds fees on its deposit advance product despite previously claiming that it would not. The fee was levied on Regions on top of the $49 million it had already given back to consumers at that point.

The definition as to what exactly is excessive when it comes to overdraft fees is still not entirely clear. Highlighting this notion is a recent court case involving Evansville, Ind.-based Old National Bank. The bank faced a class-action lawsuit challenging its checking account practices and its assessment of overdraft fees. The plaintiffs claim that "the bank manipulated customers' electronic debits from highest to lowest dollar amount, thereby depleting customer funds and maximizing the occurrences…of overdraft charges."

The appeals court affirmed in part and reversed in part the circuit court's denial of Old National Bank's motion for summary judgment. While the appeals court rejected part of Old National's claim, it did side with Old National Bancorp in that it agreed that the plaintiffs' claims of "conversion, unconscionability and unjust enrichment" were unsupported under Indiana law. The bank now expects to file a petition to move the class-action lawsuit to the Indiana Supreme Court.

New Economy Business Titles
www.netlingo.com

Technology is creating a variety of new jobs and workplace roles. Here are a few of the more obscure job titles that have emerged since 1995:

    New Metrics Analyst
    Online Crusader
    Virtual Organization Leader
    Chief GNUisance
    Content Engineer
    Chief Community Strategist
    Ethical Hacker
    E-mail Channel Specialist
    Consumer Experience Manager
    Change Insurgent
    Search Engine Optimization Consultant
    Metamediary CEO
    Chief Knowledge Officer
    Chief Internet Officer
    Chief Security Officer
    Chief Yahoo! (the well-known title chosen by the founders of Yahoo!)

Get the new book NetLingo:
The List - The Largest List of Text & Chat Acronyms!
http://www.amazon.com/dp/0970639635/?tag=netlingo

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

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Leasing Conferences 2015
Save the Date

8th China Leasing Summit 2015
June 10-12, 2015
Crowne Plaza Beijing Chaoyang U-Town.

The event is strongly supported by leading companies
and international leasing association.

The China Leasing Summit is based on over 10 years’ of research into the Chinese leasing industry and will provide an effective platform on which attendees can familiarize themselves with the current status of the market and the latest policies and regulations in order to gain a better understanding of China’s leasing market, thereby optimizing their development strategies. Furthermore, speakers from the government, as well as from the leading leasing companies, will share their invaluable experiences and opinions on the state of China’s leasing industry.

For more information, please go here:
http://www.duxes-events.com/lease15/index.html

2015 Eastern Regional Meeting
September 11-12, 2015
Atlanta Marriott Marquis
Atlanta, GA

2015 Funding Symposium
10/7/2015 to 10/9/2015
Wed through Friday
J W Marriott Atlanta Buckhead Hotel
3300 Lenox Road Northeast
Atlanta, Georgia 30326
United States
Contact: Kim King
KKing@NEFAssociation.org
Phone: 847-380-5053

RSVP for this event:
http://nefassociation.site-ym.com/events/event_details.asp?id=594672&group=#

2015 54th Annual Convention
10/25/2015 - 10/27/2015
JW Marriott Hill Country
San Antonio, TX

Call for Presentations
(Submission Deadline June 22, 2015)
http://www.elfaonline.org/Events/2015/AC/call.cfm

The 2015 Fall Conference will be held at the Loews Don CeSar Hotel in St. Pete Beach, FL on November 4 through November 6, 2015.

2015 Western Regional Meeting
November 13-14, 2015
Doubletree by Hilton Anaheim - Orange County
Anaheim, CA

CFA
71st Annual Convention
November 11 - 13, 2015
JW Marriott Austin
Austin, TX

EXPO NJ Super Regional
11/15/2015 to 11/16/2015
Sunday/Monday

Teaneck Marriott at Glenpointe
100 Frank Burr Blvd
Teaneck, New Jersey 07666
United States

Contact:
Kim King, NEFA Sr. Association Coordinator
KKing@NEFAssociation.org
Phone: (847) 380-5053

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

CSI Latina Financial Receives OPIC Award

ST. LOUIS - CSI Leasing, Inc. (“CSI”) is pleased to announce that its wholly-owned subsidiary, CSI Latina Financial, Inc. (“CSI Latina”), has received an Impact Award from The Overseas Private Investment Corporation (OPIC). The award recognizes exceptional achievement in international private sector development and was presented May 19 at the U.S. Chamber of Commerce with many dignitaries present, including U.S. National Security Advisor Susan Rice.

OPIC recognized seven of its business alliances that exemplify the breadth of geography, size, sector and positive development impact that can result from OPIC finance and insurance support. CSI Latina received the American Small Business Award. Based in Miami, CSI Latina provides crucial growth and support to small and medium enterprises (SMEs) in developing Latin American countries. Empowered by multiple OPIC loans, CSI Latina offers leases on items ranging from machinery to communications technology to furniture. This vital support allows growing SMEs and enterprises to overcome budget constraints and achieve greater financial flexibility.

Carlos Milian, Executive Vice President for CSI Latina, accepted the award on behalf of CSI. “I am humbled to be able to accept this award from OPIC,” said Milian during his acceptance speech. “OPIC not only helped us expand our financing needs when we initiated our business in Latin America, it helped us navigate through the global financial crisis, where the lending market dried up almost overnight. OPIC was there for us then and remains here today to help us with our current financing needs. This is why we have such a strong relationship with OPIC and attributes much of our success to them.”

OPIC is a U.S. Government development finance institution. It mobilizes private capital to help address critical development challenges and in doing so, advances U.S. foreign policy and national security priorities. Because OPIC works with the U.S. private sector, it helps U.S. businesses gain footholds in emerging markets, catalyzing revenues, jobs and growth opportunities both at home and abroad. OPIC achieves its mission by providing investors with financing, political risk insurance, and support for private equity investment funds, when funding cannot be obtained elsewhere. Established as an agency of the U.S. Government in 1971, OPIC operates on a self-sustaining basis at no net cost to American taxpayers.

CSI Leasing, Inc. is one of the largest privately-held independent equipment leasing and equipment lifecycle services companies in the world. Established in 1972, CSI has operations throughout North, Central and South America, Europe and Asia. More information is available at www.csileasing.com.

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

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Leasing News: Fernando’s View
By Fernando Croce

Special Memorial Day Edition

For this upcoming Memorial Day weekend, check out these patriotic classics from Netflix for a cinematic celebration of the courage and resolve of the men and women protecting country and freedom.

Sergeant York (Howard Hawks, 1941): Gary Cooper won a Best Actor Oscar for his portrayal of Alvin C. York, a real-life Tennessee sharpshooter who went on to become a celebrated military hero. As World War I rages in Europe, the religious Alvin declares himself a conscientious objector but is drafted anyway. Once in the Army, he’s soon promoted due to his outstanding marksman skills. His biggest challenge, however, lies ahead as he and his platoon enter dangerous French territory. One of Hollywood’s great all-around masters, director Howard Hawks tackles his favorite theme—the unexpected grace of professionals under pressure—with vigor, conviction, and humor. With his trademark plainspoken force, Cooper expertly portrays a man’s growth brawler from backwoods to winner of the Medal of Honor

They Were Expendable (John Ford, 1945): Best known for such classic Westerns as "Stagecoach" and "The Searchers," John Ford was also responsible for this exceptional war film, set soon after Pearl Harbor. John Wayne, Ford's most famous leading man, stars as Lt., J.G. "Rusty" Ryan, who in 1941 is send to the Philippines with a PT-boat squadron led by Lt. John "Brick" Brickley (Robert Montgomery). Though at first assigned to messenger duty, the men are sent to combat following a Japanese attack, helping veteran personnel that include General MacArthur himself. Beautifully capturing the anxiety of the period and the courage of men and women caught in catastrophic events, Ford's film paints a melancholic military portrait filled with humanistic grace notes. The excellent cast also includes Donna Reed and Ward Bond.

Story of G.I. Joe (William Wellman, 1945): Life in the battleground has rarely been more vividly captured than in William Wellman's moving account of World War II grunts. Based on reports by Pulitzer-winning correspondent Ernie Pyle (played by Burgess Meredith), the film chronicles the various crisscrossing stories of American soldiers stationed in North Africa as they move into battle in Italian territory. Along the way, Pyle gets to know several young men, most notably tough Captain Walker (Robert Mitchum, in a star-making early performance). While many wartime movies play like recruitment pamphlets, Wellman's often overlooked classic is laid out in poignantly understated lines, focusing on the loneliness, fatigue, and yearning experienced by people between moments of terror. Though more difficult to find than other wartime classics, this is one worth seeking out.

The Steel Helmet (Samuel Fuller, 1951): A pugnacious storyteller as well as a true-blue WWII veteran, Samuel Fuller brought unsentimental realism and grittiness to all his war films. Those qualities certainly apply to this remarkably tough tale of survival, which is set in battered Korean landscapes and centers on a hard-bitten, seasoned sergeant named Zack (Gene Evans). Making his way to an abandoned Buddhist temple deep in enemy territory, Zack is joined by a young Korean orphan nicknamed Short Round (William Chun) and becomes part of a ragtag platoon of G.I.s. Determined but outnumbered, can they hold on long enough for reinforcements to arrive? Making up for its budget limitations with sheer visceral ferociousness, Fuller's stark masterpiece lacerates just as powerfully today as when it first came out.

News Briefs----

Bank of Ozarks Leasing Up 40%/"Pleased w/Stature"
http://www.arkansasonline.com/news/2015/may/19/bank-of-ozarks-pleased-with-stature-201/?f=business

Bank of Ozarks Investor Presentation
http://www.bankozarks.com/assets/docs/
OZRK_Investor_Presentation_April_2015.pdf

Keep the Export-Import bank: Column
http://www.usatoday.com/story/opinion/2015/05/19/export-import-bank-charter-trad-column/27540639/

Mobile Payment Survey Sees Growing Opportunity for Restaurants
http://www.fsrmagazine.com/technology/mobile-payment-survey-sees-growing-opportunity-restaurants

2015 National Restaurant Association Recap
http://www.qsrmagazine.com/exclusives/2015-nra-show-recap

Hewlett-Packard Reports Drop in Profit and Sales
http://www.nytimes.com/2015/05/22/technology/hewlett-packard-reports-drop-in-profit-and-sales.html?ref=business&_r=0

Mortgage rates climb for 4th week in a row
http://www.bankrate.com/finance/mortgages/mortgage-analysis-052115.aspx?ic_id=Top_Financial%20News%20Center_link_1

What these banks did is an outrage, but criminal charges won’t hurt them
http://www.washingtonpost.com/business/economy/what-these-banks-did-is-an-outrage-but-criminal-charges-wont-hurt-them/2015/05/21/59fb17c0-ffec-11e4-8b6c-0dcce21e223d_story.html

India Study: 66% businesses okay with some bribery
http://timesofindia.indiatimes.com/business/india-business/66-businesses-okay-with-some-bribery-Study/articleshow/47378111.cms

San Jose Joins Cities of 1 Million People or More
http://www.census.gov/newsroom/press-releases/2015/cb15-89.html

Portland becomes nation's 28th most populous city; Happy Valley,
Wilsonville among Oregon's fastest growing
http://www.oregonlive.com/business/index.ssf/2015/05/
portland_becomes_nations_28th.html#incart_2box

Santa Rosa-based Exchange Bank boosts dividend
http://www.pressdemocrat.com/business/3966770-181/santa-rosa-based-exchange-bank-boosts

Senior Living and Skilled Nursing Fueling Healthcare
http://news.cit.com/blog/acute-care/senior-living-and-skilled-nursing-fueling-healthcare

Receivables Management LLC
John Kenny

• End of Lease Negotiations & Enforcement
• Third-Party Commercial Collections

john@jkrmdirect.com | ph 315-866-1167
www.jkrmdirect.com

(Leasing News provides this ad as a trade for investigative
reporting provided by John Kenny)

[headlines]
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--You May Have Missed It

Coca-Cola's Chief Innovation Officer "Cracks The Code" On Startup Success: Storytelling
http://www.siliconvalleywatcher.com/mt/archives/2015/05/coca-colas_chief_inno.php

[headlines]
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SparkPeople--Live Healthier and Longer

The Benefits of Berries
Red, Black & Blue are Berry Good for You!
http://www.sparkpeople.com/resource/nutrition_articles.asp?id=878

[headlines]
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Baseball Poem

The Base Stealer

Poised between going on and back, pulled
Both ways taut like a tight-rope walker,
Fingertips pointing the opposites,
Now bouncing tiptoe like a dropped ball,
Or a kid skipping rope, come on, come on!
Running a scattering of steps sidewise,
How he teeters, skitters, tingles, teases,
Taunts them, hovers like an ecstatic bird,
He's only flirting, crowd him, crowd him,
Delicate, delicate, delicate, delicate - Now!

----Robert Francis

[headlines]
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Sports Briefs----

NFL says clock ticking on Oakland effort to keep Raiders
http://www.sacbee.com/sports/nfl/san-francisco-49ers/article21495174.html

Purdy: Raiders and Oakland nearing end-game
http://www.insidebayarea.com/raiders/ci_28157915/purdy-raiders-and-oakland-nearing-end-game

Goodell wants to hear directly from Brady in appeal
http://www.usatoday.com/story/sports/nfl/2015/05/20/goodell-wants-to-hear-directly-from-brady-in-appeal/27657933/

Goodell's STL comments are good sign
http://www.stltoday.com/sports/columns/bernie-miklasz/bernie-goodell-s-stl-comments-are-good-sign/article_e7228823-b536-535f-985d-7d99ea66030f.html

Peyton Manning: David Letterman scrapped Andrew Luck joke for me
http://www.latimes.com/sports/sportsnow/la-sp-sn-peyton-manning-david-letterman-20150521-story.html

Bumgarner homers off Kershaw, Giants again blank Dodgers
http://www.sacbee.com/news/state/article21625731.html

((Please Click on Bulletin Board to learn more information))
(Leasing News provides this ad “gratis” as a means
to help support the growth of Lease Police)

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

California Nuts Briefs---

California farms added workers in 2014, even amid drought
http://www.sacbee.com/news/state/california/water-and-drought/article21450660.html#emlnl=Morning_Newsletter

San Jose Joins Cities of 1 Million People or More
http://www.census.gov/newsroom/press-releases/2015/cb15-89.html

Silicon Valley home prices hit record highs, again
http://www.mercurynews.com/business/ci_28162254/home-sales-prices-jump-across-bay-area-at

Best costumes of Bay to Breakers 2015 (and a few clunkers)
http://www.sfgate.com/entertainment/article/The-best-costumes-of-Bay-to-Breakers-2015-6273182.php

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

“Gimme that Wine”

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

Court of Master Sommeliers welcomes seven new members
http://www.mastersommeliers.org/Pages.aspx/Press/COURT-OF-MASTER-SOMMELIERS-AMERICAS-WELCOMES-SEVEN-NEW-MASTERS-TO-ITS-PRESTIGIOUS-RANKS

Grgich celebrates 35th anniversary of 'Showdown' victory
http://napavalleyregister.com/calistogan/business/grgich-celebrates-th-anniversary-of-showdown-victory/article_3480bf2e-0ec0-5dc5-8d3c-a7eaf072e6af.html

The Must-Try Wines of Our Time
http://www.winespectator.com/webfeature/show/id/51632

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]
----------------------------------------------------------------

     1761 – The first life insurance policy in North America issued in Philadelphia.
    1798 - Canada: Chippewa cede 28,000 acres in Ontario, including present-day site of Toronto, for 101 British pounds.
    1802 - Martha Washington (1731-1802), our first First Lady, although the title was not coined until after her death, passed away at Mount Vernon. By 1799, the year of his death, the number of Martha Washington's "dower" slaves had grown to 153; George Washington owned 124 people, and at least a dozen Washington-owned slaves intermarried. Washington's will stipulated that his own slaves were to be set free after his wife's death so that intermarried families would not be broken up. In January 1801, Martha freed her husband's slaves, just over a year after his death. A remarkable woman who was also “first in our hearts of her country”
http://memory.loc.gov/ammem/today/may22.html
    1803 – The first public library opened, in Connecticut.
    1804 - The Lewis and Clark Expedition officially began as the Corps of Discovery departed from St. Charles, Missouri.
    1807 - Former Vice-President Aaron Burr was on trial for "assembling an armed force...to seize the city of New Orleans...and to separate the Western from the Atlantic states." He was later acquitted.
    1807 - Townsend Speakman first sold fruit-flavored carbonated drinks, in Philadelphia.
    1819 - The SS Savannah left Savannah, GA on a voyage to become the first steamship to cross the Atlantic. The ship arrived at Liverpool, England, on June 20.
    1842 - Farmers Lester Howe and Henry Wetsel discovered Howe Caverns when they stumbled upon a large gaping hole in the ground.
    1843 - 1,000 men, women, and children climbed aboard their wagons and steered their horses west out of the small town of Elm Grove, Missouri. The train comprised more than 100 wagons with a herd of 5,000 oxen and cattle trailing behind. Dr. Elijah White, a Presbyterian missionary who had made the trip the year before, served as guide. The first section of the Oregon Trail ran through the relatively flat country of the Great Plains. Obstacles were few, though the river crossings could be dangerous for wagons. The danger of Indian attacks was a small but genuine risk. To be on the safe side, the pioneers drew their wagons into a circle at night to create a makeshift stockade. If they feared Indians might raid their livestock (the Plains tribes valued the horses, though generally ignored the oxen) they would drive the animals into the enclosure. Although many neophyte pioneers believed Indians were their greatest threat, they quickly learned that they were more likely to be injured or killed by a host of more mundane causes. Obstacles included accidental discharge of firearms, falling off mules or horses, drowning in river crossings, and disease. After entering the mountains, the trail also became much more difficult, with steep ascents and descents over rocky terrain. The pioneers risked injury from overturned and runaway wagons.
The 1,000-person party that made the journey in 1843, the vast majority of pioneers on the trail survived to reach their destination in the fertile, well-watered land of western Oregon. The migration of 1844 was smaller than that of the previous season, but in 1845, it jumped to nearly 3,000. Thereafter, migration on the Oregon Trail was an annual event, although the practice of traveling in giant convoys of wagons gave way to many smaller bands of one or two-dozen wagons. The trail was heavily traveled until 1884, when the Union Pacific constructed a railway along the route.
    1844 - Mary Cassatt (1844-1926) was born in Allegheny City, PA. She was the only U.S. painter to exhibit with the French Impressionists. She is known for her paintings of women and children because, some say, such subject matter did not challenge any male egos and it was the price she had to pay to be accepted into the French Impressionists’ school. In fact, she liked to paint women and children and it enabled her to expand in an un-crowded field. The natural posing of her subjects is still unsurpassed. She resided in France most of her life and in her late 50s, began to have eye problems that forced her to stop painting at age 70. Although often described as a "old maid," her diary reveals love affairs - some with women.
http://www.ibiblio.org/wm/paint/auth/cassatt/
http://www.metmuseum.org/explore/cassatt/html/indexl.html
http://www.boston.com/mfa/cassatt/
http://www.artcyclopedia.com/artists/cassatt_mary.html
http://www.nga.gov/collection/gallery/ggcassattptg
/ggcassattptg-main1.html
    1849 – Abraham Lincoln received a patent, the only US president to do so, for a device to lift a boat over shoals and obstructions.
    1856 - Southern Congressman Preston Brooks savagely beats Northern Senator Charles Sumner in the halls of Congress as tensions rise over the expansion of slavery. Wielding the cane he used for injuries he incurred in a duel over a political debate in 1840, Brooks entered the Senate chamber and attacked Sumner at his desk, which was bolted to the floor. Sumner's legs were pinned by the desk so he could not escape the savage beating. It was not until other congressmen subdued Brooks that Sumner finally escaped. Brooks became an instant hero in the South, and supporters sent him many replacement canes. He was vilified in the North and became a symbol of the stereotypically inflexible, uncompromising representative of the slave power. The incident exemplified the growing hostility between the two camps in the prewar years. Sumner did not return to the Senate for three years while he recovered.
    1861 - The first Union solider killed in the Civil War was Bailey Thornsberry Brown, Company B, 2nd West Virginia Volunteer Infantry. He was engaged in obtaining recruits and ambushed by Confederate pickets at Fetterman, near Grafton, WV.
http://www.callwva.com/facts/discover.cfm
    1863 – The War Department established the Bureau of Colored Troops.
    1872 – President Grant signed the Amnesty Act into law restoring full civil and political rights to all but about 500 Confederate sympathizers.
    1884 – One-armed pitcher Hugh Daily, pitching for the Chicago Browns of the Union Association, fanned 13 hitters. He had lost his left hand to a gun accident earlier in his life. Later, on July 7, he struck out 20, a record that would stand until Tom Cheney of the Washington Senators tied it more than 75 years later. A right-hander who played six seasons for seven different teams, in 1883 and 1884, he won 20 or more games each season, while finishing in the top ten among league leaders in major pitching categories. Daily established the pitching record for strikeouts in a season (later surpassed), tied a record by tossing two consecutive one-hitters, broke the record for one-hitters in a season, and threw a no-hitter.
    1892 - Birthday of Ralph Peer (1892-1960) in Kansas City, Missouri, the most notable talent scout of the 1920's. Peer, who discovered such artists as Jimmie Rodgers and the Carter Family, was appointed recording director for Okeh Records in 1920. He first began recording blues artists, but when the rival Victor Company scored a hit with Wendell Hall's hillbilly song, "It Ain't Gonna Rain No More," in 1923, he was authorized to organize field recording centers throughout the US South. Peer's first session with Fiddlin' John Carson proved to be a landmark in country music. By 1927, Peer was working for Victor records, and in August of that year assured himself a place in country music history by recording the first sessions of both Jimmie Rodgers and the Carter Family. In 1928, Peer formed the Southern Music Publishing Company, which continues today as the Peer-Southern Organization, a multi-million-dollar concern.
    1900 – The Associated Press organized in NYC as a non-profit news cooperative.
    1902 - One of the world's deepest lakes, Crater Lake was first discovered in 1853. In 1885, William Gladstone Steele saw the lake and made it his personal goal to establish the lake and surrounding areas as a national park. His goal was attained 17 years late.
http://www.crater-lake.com/picture.htm
http://www.nps.gov/crla/
http://www.drizzle.com/~rdpayne/smithbros/
    1902 - Marie Poland Fish’s birthday. An ichthyologist, at 21, she discovered where eels laid their eggs, a puzzle that for 2,000 years was one of the great mysteries of science. Eels are a staple food source in much of the world and the discovery enabled the enlargement of the crops. In later years, she was awarded U.S. Navy's Distinguished Public Service Award for her work in oceanography and as a marine biologist. Her inventions enabled the Navy to distinguish between large schools of fish and enemy submarines with sonar.
http://www.gso.uri.edu/fishsounds/Notice.html
http://www.amazon.com/exec/obidos/ASIN/0801811309/fast-bkasin-20/
002-0667839-4443242
    1902 - President Theodore Roosevelt signed a treaty with Mexico under which both countries agreed to submit a long-standing dispute over interest payments to the Court of Arbitration at The Hague
    1906 – The Wright Brothers patented an aeroplane.
    1906 - A British garrison left Esquimalt, on the Pacific coast, after a military occupation that began in 1858: these were the last British soldiers stationed in Canada.
    1910 – Johnny Olson (1910-85), the voice of “The Price is Right”, was born in Windom, MN.
    1911 - The temperature at Lewiston, Maine soared to 101 degrees. It was the hottest reading ever recorded in New England during the month of May.
    1911 – Boston Braves P Cliff Curtis lost his 23rd game in a row. His major league career lasted from 1909 to 1913, where he never had a winning season.
    1914 - Birthday of Herman (Sonny) Blout (1914-1993) in Birmingham, AL, better known as “Sun Ra,” a pioneering and innovative jazz musician whose Avant Garde performances mixed elements of theater with his surreal composition and performance style.   http://www.alamhof.org/sunra.htm
http://www.furious.com/perfect/sunra.html
    1915 – Lassen Peak erupted and is the only mountain, other than Mount St. Helens, to erupt in the continental US during the 20th century.
    1924 - Birthday of French singer Charles Aznavour in Paris.
    1928 – Singer Jackie Cain’s (1928-2014) birthday in Milwaukee, WI.
http://www.fantasyjazz.com/catalog/cain_j_cat.html
http://www.jazzvalley.com/musician/jackie.cain
    1928 – T. Boone Pickens’ birthday in Holdenville, OK.
    1930 – With The Babe smacking three long HRs in consecutive at-bats, the Yankees went on to hit a total of 14 in that game.
    1930 - Birthday of Harvey Bernard Milk (1930-78), gay rights activist and San Francisco city Supervisor, (early nickname "Glimpy Milch) in Woodmere, Long Island, New York. He was the first openly gay person to be elected to public office in California when he won a seat on the San Francisco Board of Supervisors in 1977. Milk served almost 11 months in office and was responsible for passing a stringent gay rights ordinance for the city. On November 27, 1978, Milk and Mayor George Moscone were assassinated by Dan White, another city supervisor who had recently resigned but wanted his job back.
http://www.imdb.com/title/tt1013753/
http://harveymilkstory.com/life.html
    1934 - Birthday of pianist and conductor Peter Nero, bornBernard Nierow in Brooklyn.
    1937 - British jazz traditionalist Kenny Ball was born in Ilford, England. He had a string of hits during what was known as the "Traditional Jazz" (Dixieland) craze in Britain in the early 1960's. "Midnight in Moscow" was Ball's only hit in North America. A similar arrangement of the tune is used by Radio Moscow as its signature on English-language shortwave broadcasts.
    1938 – The Brooklyn Dodgers announced plans to install lights at Ebbets Field. At the first night game ever held at Ebbets Field, on June 15, 1938, Johnny Vander Meer of the Cincinnati Reds threw his second straight no-hitter, becoming the only man to ever throw consecutive no-hitters in the Majors.
    1942 - The Steel Workers Organizing Committee disbanded and a new trade union, the United Steelworkers, was formed.
    1942 – Ted Williams enlisted in the Marines as a flight instructor. In addition to serving in World War II, Williams was recalled to fly during the Korean War. He narrowly escaped death when his jet fighter, damaged after a strafing, exploded after landing just seconds after Williams was able to escape.
    1942 – The Unabomber, Ted Kaczynski, was born in Evergreen Park, IL.
    1943 – The man for whom the surgery is named, Tommy John, was born in Terre Haute, IN.
    1945 - Army Major Robert B. Staver recommended that the U.S. evacuate German scientists and engineers to help in the development of rocket technology.
    1946 – The first rocket to reach edge of space was fired from White Sands Missile Range, NM.
    1947 - Congress approved the Truman Doctrine in order to contain Communism after World War II. It provided for US aid to Greece and Turkey. A corollary of this doctrine was the Marshall Plan, which began sending aid to war-torn European countries in 1948.
    1950 - Pop lyricist Bernie Taupin was born in Sleaford, England. Taupin has been closely linked throughout his career with rock star Elton John, and for most of the 1970's the two were a virtual hit factory, putting 23 singles in the Billboard Top 40, including five that made number one. Among the chart-toppers were "Crocodile Rock" and "Bennie and the Jets."
    1950 - Top Hits
“My Foolish Heart” - The Gordon Jenkins Orchestra (vocal: Eileen Wilson)
“Bewitched” - The Bill Snyder Orchestra
“If I Knew You Were Comin' I'd've Baked a Cake” - Eileen Barton
“Birmingham Bounce” - Red Foley
    1952 - San Francisco's first Jazz Festival on Sunday Evening will be headlined by Louis Armstrong and his troupe. Also on the program are the Dave Brubeck Quartet, Anita O'Day and the Four Freshman.
    1953 - Charlie Parker begins the recording session that produced some of his unforgettable albums with strings and voices. This day he cut “Old Folks”, “If I Love Again”, and “In the Still of the Night.” A jazz genius and performer. The background may sound “tinny” due to the recording abilities in those days, but Parker's alto saxophone solos shine through today with brilliance and his melodies are quite apparent, something questioned in 1953. I listen to this album quite often and have never been bored hearing it again. In fact, it is really a classic, as each time I play it, I swear it is better and I hear something I did not before.
http://www.cmgww.com/music/parker/
http://www.kcpl.lib.mo.us/sc/bio/parker.htm
http://www.amazon.com/exec/obidos/ASIN/B0000046WK/inktomi-musicasin-20/
104-5094193-3483111
    1955 – Comedian Jack Benny signed off his last live network radio broadcast after a run of 23 years. Joining Milton Berle and his best friend George Burns, his television shows became as popular as his radio shows, as he brought along with him his announcer Don Wilson; bandleader Phil Harris; Eddie ‘Rochester' Anderson; singer Dennis Day; and his wife, Mary Livingstone.
http://www.liketelevision.com/web1/classictv/jbenny/jbenny2.html
    1955 - Police in Bridgeport, Connecticut cancel a dance at the Ritz ballroom featuring Fats Domino. Authorities say the cancellation is because they discovered that "Rock and Roll dances might be featured" and justify their action by citing "a recent near riot at the New Haven Arena" where Rock and Roll dances were held.
    1956 – The last “Bob Hope Show” aired on NBC.
    1958 - Jerry Lee Lewis arrives at London's Heathrow Airport to begin his first British tour, along with his new bride, 14 year old third cousin, Myra. Although advised not to mention it, Lewis answers all questions about his private life, truthfully. The public's shock over Lewis' marriage marks the start of a controversy which eventually ruins his career. The London Morning Star runs an editorial calling Lewis "an undesirable alien" and calls for his deportation, leading to his British tour being cancelled after just 3 of the scheduled 37 performances.
    1958 - Top Hits
“All I Have to Do is Dream” - The Everly Brothers
“Return to Me” - Dean Martin
“Johnny B. Goode” - Chuck Berry
“Just Married” - Marty Robbins
    1959 - Benjamin O. Davis, Jr., became the first African-American major general in US Air Force.
    1960 - Virtually all coastal towns between the 37th and 44th parallels were severely damaged by a tsunami that struck Hilo, Hawaii.
    1961 - The first revolving restaurant was dedicated, The Top of the Needle, located at the 500-foot level of the 500-foot-high steel and glass tower at the Century 21 exposition, Seattle, WA. It contained 260 seats and revolved 360 degrees in an hour. Above the restaurant was an observation deck and above that, a beacon. It was designed by John Graham and Company. http://www.spaceneedle.com/ Today, there is the SpaceNeedle, privately owned and operated.
    1962 – The Yankees’ Roger Maris walked five times, four intentionally.
    1963 - Mickey Mantle of the New York Yankees hit a home run off Bill Fisher of the Kansas City Athletics as the Yankees beat the A's, 8-7. Mantle's blast caromed off the rooftop facade at Yankee Stadium and came within a few feet of becoming the only homerun ever hit out of that park. Teammates and fans claimed the ball was still rising when it hit the 110-foot high facade, then caromed back onto the playing field. This was but one of three hit off the façade by Mantle in his career, the closest anyone has ever come to hitting one out of Yankee Stadium.
    1964 – President Lyndon Johnson announced the goals of his Great Society social reforms to bring an "end to poverty and racial injustice" in America.
    1965 - The Beatles attained their eighth Billboard number one hit with "Ticket to Ride", on which Paul McCartney, not George Harrison, played lead guitar.
    1965 - The Beatles got their eighth consecutive number one hit as "Ticket to Ride" rode to the top of the singles list. The song topped the charts for one week.
    1965 - Jackie DeShannon released "What the World Needs Now Is Love".
    1966 - Bruce Springsteen and his band, the Castiles, recorded two songs co-written by Springsteen. The recordings, Springsteen's first, were never released. He and the Castiles did, however, perform several dates at New York's Cafe the following year.
    1966 - Top Hits
“Monday Monday” - The Mamas & The Papas
“Rainy Day Women #12 & 35” - Bob Dylan
“When a Man Loves a Woman” - Percy Sledge
“Distant Drums” - Jim Reeves
    1967 - Premiere of “Mr. Rogers” on TV. “Won't You Be My Neighbor?” Presbyterian minister, Fred Rogers, hosted this long-running PBS children's program Puppets and human characters interacted in the neighborhood of make-believe. Rogers played the voices of many of the puppets and educated young viewers on a variety of important subjects. The last episodes of the program were filmed in 2001. Almost 2,000 episodes were produced over the show's history.
http://www.misterrogers.org/
    1967 - Florence Ballard made what would be her last appearance with the Supremes, performing "The Happening" on tonight's episode of NBC-TV's “Tonight Show”.
    1968 – The nuclear-powered submarine USS Scorpion sunk with 99 men aboard 400 miles southwest of the Azores.
1970 - The “Guess Who” from the Winnipeg, Canada area earned a gold record for both the album and single, "American Woman". It would be one of three million-seller awards for the group. Their other hits included, "These Eyes", "Laughing" and "No Sugar Tonight". The group, which dates back to 1963, disbanded in 1975, with several reunions since then.
http://www.canadianbands.com/btopage.html
http://home.golden.net/~flasher/
    1972 - President Richard Nixon became the first American president to visit Moscow. Four days later on May 26, Nixon and Soviet leader Leonid Brezhnev signed a treaty on antiballistic missile systems and an interim agreement on limitation of strategic missiles.
    1972 - No. 1 Billboard Pop Hit: "Oh Girl," Chi-Lites.
    1974 - President Nixon confessed his role in the Watergate cover-up.
    1974 - Top Hits
“The Streak” - Ray Stevens
“Dancing Machine” - The Jackson 5
“The Entertainer” - Marvin Hamlisch
“Country Bumpkin” - Cal Smith
    1977 - Janet Guthrie became the first woman driver to qualify for the Indianapolis 500 with an average speed of more than 188 miles per hour. She lasted only 27 laps in the race, dropping out when her car broke a valve seal.
    1979 - Cheap Trick's "Live at Budokan" LP was certified gold in the US. It eventually sold more than one-million copies, delaying the release of the follow-up album, "Dream Police."
    1980 – The highly popular video game “Pac-Man” was released by Namco.
    1982 - Top Hits
“Ebony and Ivory” - Paul McCartney with Stevie Wonder
“Don't Talk to Strangers” - Rick Springfield
“I've Never Been to Me” - Charlene
“Just to Satisfy You” - Waylon & Willie
    1985 – Pete Rose scored his 2,108th run and passed Hank Aaron as the NL run scoring leader
    1985 - “Fortune” Magazine named Sears, Roebuck as the nation's largest retailer for the 21st year in a row.
    1985 - No. 1 Billboard Pop Hit: "Everything She Wants," Wham!
    1985 - "A View to a Kill", the 14th James Bond film and the last to star Roger Moore, also starring Grace Jones and Christopher Walken (…more cow bells, I need more cow bells!!!), premiered in San Francisco.
    1987 - A powerful F4 tornado obliterated the small southwest Texas community of Saragosa, destroying 85 percent of the structures in the town. The tornado claimed 30 lives and injured 121 others in the town of only 183. The twister hurled trucks and automobiles through adobe and wood-frame homes with some blown over 500 feet. Many of the victims were parents or grandparents of children who died sheltering them from flying debris during a ceremony for head start for four-year-olds.
    1989 - Nearly 30 years after the "payola" law destroys the career of DJ Alan Freed, it's finally used to convict someone in the record industry: promo man Ralph Tashjian is found guilty of distributing cocaine and money to radio stations to get more airplay for, among others, Bruce Springsteen.
  1990 - The Cincinnati Reds intentionally walked outfielder Andre Dawson of the Chicago Cubs a record five times in a 16-inning game. Dawson's five free passes broke the record held by Roger Maris and Garry Templeton.
    1990 - Microsoft unveiled Windows 3.0 at gala events in twenty cities around the world, linked by satellite to a theater in New York City. The show featured a speech by Bill Gates, as well as laser lights, videos, and surround sound. Microsoft spent $10 million publicizing the new release in what was generally regarded as the most expensive software introduction to date. While PIK, IBM, Apple and others tried to promote their operating system, even with 12 floppy disks, Microsoft sold three million copies of Windows 3.0 as it was quite “user friendly.”
    1990 - Top Hits
“Vogue” - Madonna
“All I Wanna Do is Make Love to You” - Heart
“Hold On” - Wilson Phillips
“Walkin' Away” - Clint Black
    1991 – NFL owners agreed to add two teams – the Carolina Panthers and the Jacksonville Jaguars began play in 1995.
    1992 - After almost 30 years as host of the "Tonight" show, Johnny Carson hosted his last show. The show began as a local New York program on Dumont that was purchased by NBC, and Steve Allen was the first host of the network show. Carson became host on October 1, 1962, taking over from Jack Paar, with side kick Ed McMahon and Doc Severinsen, longtime band leader. In a split with the network, David Letterman went to CBS as Jay Leno was chosen to take over the spot.
    1992 - Replacing Tom Runnells, Felipe Alou is named as the manager of the Montreal Expos. The eventual second-place Montreal club is 17-20 at the time the Colorado native firing.
    1993 - The first movie was broadcast on the Internet by its director David Blair. It was his cult science-fiction film “Wax: Or the Discovery of Television Among the Bees.” Blair uploaded the film in digital video format for viewing world-wide.
http://www.thekitchen.org/MovieCatalog/Titles/Wax.html
http://www.rc3.org/archive/inform/4/9.html
http://www.amazon.com/exec/obidos/ASIN/630303165X/inktomi-videoasin-20/
104-5094193-3483111
http://fusionanomaly.net/waxorthediscoveryoftelevisionamongthebees.html
    1996 - Garth Brooks celebrated his 60-millionth album sold with a 1960s theme party in Nashville. The Recording Industry Association of America said Brooks was the best-selling country artist of all-time and the second-highest selling artist ever in the US. Only the Beatles had sold more. Third place belongs to Billy Joel, who has not released a new song in a decade.
    1997 - The hit-making Fleetwood Mac lineup of Mick Fleetwood, John McVie, Christine McVie, Lindsey Buckingham and Stevie Nicks reunited for their first full-fledged public performance in 15 years. The show, on a soundstage at Warner Brothers studio in Burbank, California, was one of two taped for an MTV special and a live album. Nicks stopped the concert - twice - because she forgot the words to "Dreams," Fleetwood Mac's only number-one single.
    1998 - A federal judge ruled that United States Secret Service agents can be compelled to testify before a grand jury concerning the Lewinsky scandal involving President Bill Clinton.
    2000 - At the ASCAP Pop Music Awards, Steely Dan receives the lifetime songwriting achievement Founders Award.
    2001 - For the second time this season, Barry Bonds homers in six consecutive games. His nine homers during this span established a National League mark. Senators' slugger Frank Howard's 1968 feat of hitting 10 homers in six games is the Major League record.
    2002 – In Washington, DC, the remains of the missing Chandra Levy were found in Rock Creek Park but were too decomposed to shed any light on her death.
    2002 - A jury in Birmingham, Alabama, convicted former Ku Klux Klan member Bobby Frank Cherry of the 1963 murders of four girls in the bombing of the 16th Street Baptist Church.
    2003 – Annika Sorenstam became the first woman to play the PGA Tour in 58 years.
    2003 - Arturo Moreno purchases the World Champion LA Angels from Walt Disney for $184 million to become the third owner in the 43-year history of the franchise. The 56-year-old outdoor advertising tycoon, who is a fourth-generation Mexican-American, is the first Hispanic to have a controlling interest in a major league club.
    2004 - Hallam, Nebraska was wiped out by a powerful F4 tornado that broke a width record at an astounding 2.5 miles wide. It also killed one local resident.
    2011 - An F5 Tornado struck Joplin, Missouri, killing at least 158 people, the single deadliest US tornado since modern record keeping began in 1950.

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