Archives---November 20, 2001 May He Rest in Peace
Jeffrey Joseph Wong---San Francisco Chronicle Obituary

Jeff Wong Remembered by his colleagues

"We are at such a loss from not only a wonderful personal friend but a leader in leasing's legal community," said Equipment Leasing Association President Michael Fleming.

__

A few words on behalf of National Association of
Equipment Lease Brokers

“Jeff Wong attended two NAELB annual conferences, entertaining during luncheons with his unique stand-up comedy and spending hours with our members talking about leasing and legal matters.

“Those of us who were privileged to know him will never forget him. He was a friend to NAELB and we had hoped he would become a fixture at our conferences. Our sympathies go out to his family.”

Board of Directors
National Association of Equipment Leasing Brokers

--

“I just got back in from my Father's funeral. I am shocked at the news of Jeff Wong's passing. He was my friend, my mentor and my attorney. I cannot make sense of these losses. It seems incredible. My prayers go out to Rocky. There are very few people that match the standard set by Jeff. He will be greatly missed by all of his clients.

Andrew
Andrew Thorn
athorn@nowlease.com

--

“I knew Jeffrey for almost 20 years. I always found him to be warm and kind, and a true gentlemen in a profession which is not always conducive to this type of personality. His wit was legendary, and his knowledge vast. He will be missed by all that knew him.”

Kenneth C. Greene
KGreene100@aol.com
__

“IT WAS WITH GREAT SADNESS THAT I READ ABOUT THE LOSS OF JEFF. I HAD DINNER WITH JEFF AT THE LAST NAELB CONFERENCE IN NEW ORLEANS. HE WAS TRULY A GREAT INDIVIDUAL AND A TRUE FRIEND OF THE INDUSTRY. I WILL MISS HIM.”

BOB BAKER CLP
Baker@wildwoodfinancial.com

(There are many more such tributes that followed in Leasing News. Editor)

WONG, Jeffrey Joseph Wong -- Partner at Cooper, White & Cooper, a San Francisco Law Firm. Jeffrey passed away on November 16th at the age of 58, as a result of a massive heart attack.

He died in the arms of his beloved life partner, Lynne "Rocky" Randall at their home in Sausalito.

He is survived by his loving parents, Joe and Lily Wong, cherished sister Judy Wong, nephews Jeffrey, Kelly and David as well as Rocky and his six stepchildren Sean, Courtney, Julie, Jessica, Jennifer and Jackie.

He was a graduate of Princeton, class of '65 and UC Hastings College of Law. An avid golfer, he was a long time member of the Presidio and Olympic Golf Clubs. Jeffrey's amazing sense of humor, generosity of spirit and joie de vivre, made him a special favorite among the many clubs and organizations to which he belonged.

The Bohemian Club was central to his life and he was a talented and gifted comedian. He will be greatly missed by Bohemians, family and friends who enjoyed his great comic spirit and wit.

A private family service will be held Saturday. A reception and celebration of Jeffrey's life will take place on Wed., November 28th at 6:30 pm, at 624 Taylor St. SF.

-----

The Equipment Leasing and Finance Association established
the Jeffrey J. Wong Memorial Fund
http://www.leasefoundation.org/Giving/JeffWong.cfm

Jeff's Famous Restaurant Guide (given to clients and friends)
http://leasingnews.org/PDF/Consensus.pdf

 

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Classified Ads---Operations

San Diego , CA  Experienced in-house corporate, equipment leasing and financial services attorney seeks position as managing or transactional counsel. Willing to relocate. Cell Phone: 760-533-4058; Email:marshallrosenberg@gmail.com | Resume

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

Free Posting for those seeking employment in Leasing:
http://www.leasingnews.org/Classified/Jwanted/Jwanted-post.htm

All “free” categories “job wanted” ads:
http://www.leasingnews.org/Classified/Jwanted/Jwanted.htm

 

Compromise for Lease Accounting Overhaul
Starts to Fall Apart!

According to the Wall Street Journal: "FASB Chairman Russell Golden said on Monday the compromise is proving ‘fairly troublesome’ because investors believe too much management judgment would be allowed in deciding whether a lease qualified as Type A or Type B, which could hurt comparability between companies and sectors. Some versions of the rule would also require companies to reassess their lease assumptions an ongoing basis, which could also prove costly and time-consuming, rule makers said in comments to an annual Financial Executives International conference."

Full Wall Street Journal Article:
http://blogs.wsj.com/cfo/2013/11/18/compromise-for-lease-accounting-overhaul-starts-to-fall-apart/

 

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Wines for Thanksgiving
by Christopher Menkin

Don't wait until the last minute. Buy it now or before the weekend and the better stuff is no longer available. And don’t buy cheap wine just because it is cheap and you are having a “turkey meal.” Life is too short to drink bad wine—anytime!

First, have some glass bottle beer handy, especially for sports on TV, and sparkling water for those who don't drink alcohol. Yes, beer also goes with turkey and if guests want to drink it, encourage them to enjoy the meal with whatever they want to imbibe.

I recommend juice drinks rather than soda for kids, or even grownups. Sangria also is a good drink with or without wine (one trick, soak the fruit in vodka before putting in).

As for wine, you need both red and white (actually it is pale yellow or clear, not white). Depending on how many don't drink alcohol, a rule of thumb to be safe is a bottle for every two people. Assume that guests will drink at least two glasses of wine, easy. So if you have ten people, five bottles handy ( you don't have to open them all). In fact, better to have six bottle around than run out.

I like Champagne or American Sparkling Wine beforehand in a toast (there are some good Italian and Spanish, too). However, to keep it simple, I recommend a Pinot Grigio or Sauvignon Blanc for

the so-called “white wine.” They go well with rich foods and Sauvignon Blanc goes great with almost everything (and there are many different styles from dry to fruity, depending on how much Semillon is added---New Zealand has the best, in my opinion). I like Pinot Grigio from almost everywhere. It is a standard. It is an underrated grape.

“No” on Chardonnay for Thanksgiving, as well as ”no” on Cabernet Sauvignon with its rich tannins (great for red meat, but not a bird). I prefer a very good, well aged Pinot Noir (at least five years old), and Zinfandel (younger, the better), as well as you will find a California Syrah perfect for heavy dark meat and stuffing.

As for an after dinner drink, don't laugh, some 18 year or 25 year old rum served “neat” is very American to me. It’s cheaper than Scotch, and I think a lot smoother and perfect after a traditional American dinner. Try it, you’ll really like it. It’s real American from revolutionary days!

 

 

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Classified Ads---Help Wanted

 

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Sales Makes it Happen by Steve Chriest

Male Brain – Female Brain

There is very strong evidence that despite language and cultural differences, people all over the world see, talk and think about objects and people in the same basic way. Now there also is strong evidence that gender plays a large role in the way male and female brains perceive the world and how they process information. Surprised?

Despite what someone once published in a book, women aren't really from Venus and men aren't really from Mars – it just might sometimes appear that way! What is true about men and women, according to the latest research by cognitive scientists, is the fact that the minds of men and women are not identical in every respect. Being aware of some of the important differences can help in selling situations.

Men, for example, are better at mentally rotating objects and maps, while women are better at remembering landmarks and the position of objects. Men are better throwers, but women, on average, are more dexterous than men. Men are better at solving mathematical word problems, but women are better than men at mathematical calculation.

Some other differences in the sexes may have a wider impact in selling situations. Women generally experience basic emotions more intensely, except perhaps anger, than men. I was surprised to learn that women maintain more eye contact and smile and laugh far more often than men. Women are better at reading facial expressions and body language, are better spellers, and have a better memory for verbal materials. The opposite of all this, of course, is true of the typical male.

When meeting with, or delivering presentations to groups consisting primarily of men or women, it makes sense to tailor your approach to your audience. If you will be meeting with a women's group, for example, it may make sense to deliver an animated presentation, delivering most of your content verbally.

If the cognitive scientists are correct, it would make sense to provide a male audience with lots of photos, graphs and statistics presented in a visual format. If, on the other hand, you face a mixed audience, you'll want to make sure you include verbal and visual elements that complement each other and appeal to female and male members of your audience.

We certainly don't need cognitive researchers to point out the obvious to us – women and men often think differently, and even see the world differently, in some important ways. Verifying and acknowledging these differences, however, gives you the advantage of awareness in certain selling situations. You can use this information to assess your audience and to tailor your approach to the sale, taking into consideration the different ways in which the male and female brain works.

Now, wouldn't the world be a much better place if women could learn to think a bit more like men? Or should it be the other way around?

About the author: Steve Chriest is the founder of Selling UpTM (www.selling-up.com), a sales consulting firm specializing in sales improvement for organizations of all types and sizes in a variety of industries. He is also the author of Selling The E-Suite, The Proven System for Reaching and Selling Senior Executives and Five Minute Financial Analyst, Basic CREDIT & Analysis Tools for Non-Accountants. He was the CEO of a very successful leasing company and executive at a major company. You can reach Steve at schriest@selling-up.com.

Sales Makes It Happen Articles:
http://www.leasingnews.org/Legacy/index.html

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November 20, 2013 Ratings
Alexa top Leasing Web Sites

US changes in ranking: ELFA moved up to number two, lessors had no data, but most fell from their October rating in US. Most improved in their worldwide ratings.

Several of the leasing association sites improved primarily due to (1) conferences held in October, (2) the visitors before, during, and after, (3)announcements and information sent to members. CLP Foundation revamped their web site, most likely bringing more visitors, plus there were many new CLP's brought in during this time and announcements regarding them.

More about Alexa Internet:
http://en.wikipedia.org/wiki/Alexa_Internet

Working Capital Loans $10,000-$250,000
www.channelpartnersllc.com p: (763) 746-7760 f: (763) 592-8297 information@channelpartnersllc.com

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Letters from Readers?!---We get Email!!!
(Mostly in chronological order)

Insiders on Why Pelose is Leaving Marlin Leasing
http://leasingnews.org/archives/Nov2013/11_12.htm#insiders

"I was pretty good friends with George. He was probably pretty burned out. He is a bit of a workaholic."

Sent from my iPhone

(Name With Held)

---

Why I Became a CLP
John Snyder, CLP, Senior Account Manager
Alliance Funding Group

"Hi, thank you for posting my write-up.. I’ve had many good comments.

Warm Regards,
John

John Snyder, CLP | Alliance Funding Group
jsnyder@alliancefunds.com
Website: http://alliancefunds.com/

----

Attorney Ara Jabagchourian

Court Upholds Ruling Surviving Spouse Liable
---Kathleen Otto Responsible for Debt
http://leasingnews.org/archives/Oct2013/10_31.htm#court

From Fresno Bee:

"Wednesday, Jabagchourian said the victims received some measure of justice. But he expressed disappointment in the FBI, whose agents raided John Otto's businesses and Palm Desert home in 2009 but never filed criminal charges against the perpetrators.

"And like Kathleen Otto, Ramirez and Fernandez contend they are broke, he said.

"In reality, the victims might never get paid," said Jabagchourian, who attended Hoover High and California State University, Fresno.

'" 'I didn't do the case for the money," he said. 'This is my hometown. I didn't want these outsiders to get away with it'."

Read more here: http://www.fresnobee.com/2013/10/30/3580677/court-fresno-widow-liable-for.html#storylink=cpy

(Sent by a reader in Fresno)

--

 

Shawn D. Halladay

Growth of Banks Within the Industry
ELFA Conference Report
http://leasingnews.org/archives/Oct2013/10_23.htm#elfa

"Shawn also, at great personal risk, wore an ‘I love lease accounting button’ throughout the convention!

"The man has more guts than common sense!"

Regards,

Hugh Swandel
The Alta Group
Direct: 204.477.0703
Mobile: 204.996.4844

(Hugh is a good friend of Shawn; both are members of The Alta Group. Editor)

--

Is Leasing Available for Briggo Coffee Haus Smart Kiosk?
Where is Dale Kluga When You Need Him?

"Cobra's been back in business and actively funding all types of good deals.

"Yes, our Redbox relationship (DVD vending machine deal) is a very interesting story. Cobra ended up funding just over $65MM over several years. When Redbox approached us in 2002, every lessor and bank had turned them down. We funded them during their beta site and start-up testing period in Denver. Cobra helped them grow from a $5MM small business to a $2 billion public company within a very short period of time."

Dale R. Kluga
President
Cobra Capital LLC
Cell: 630-675-0828
Office: 630-985-3500
www.cobrallc.com

----

David Gilbert, Five Point Capital/National Funding
Quick Bridge Funding

The Growth & Problems with Small Business Lenders
http://leasingnews.org/archives/Oct2013/10_21.htm#growth

"Hope all is well with you. I read your newsletter consistently and find it very informative and helpful with the various issues facing the leasing industry today.

"I read an article today in your newsletter and there was some discussion about Finance Lenders License.

"We transact business with California Leasing Companies and was wondering where I could find a list of states that require that particular lender license- I want to make sure that we are doing proper due diligence with our lessors to ensure current evidence of the license where applicable

"I look forward to hearing from you."

John Rimkus
Senior Vice President Operations
Lease Finance Group
First Bank of Highland Park
JRimkus@firstbankhp.com

(In California, if you are using your own documentation with the bank’s name on it, there is no requirement that a bank can only do business with a licensed Finance Lender ("capital leases" or "EFA.") If the documents used are the third party originator's, they must be licensed.

(To verify this and learn more, please feel free to contact California Attorney Tom McCurnin: tmccurnin@bkolaw.com Editor).

Other states have different rules and regulations:
http://leasingnews.org/archives/Jan2013/1_30.htm#license

California Finance Lenders Law:
http://www.dbo.ca.gov/Licensees/Finance_Lenders/

---

Barry S. Marks, Esq

Changes at Barry Marks’ Law Office
Weinberg Leaves/Reid Leaves/Evans Arrives
http://leasingnews.org/archives/Sep2013/9_03.htm#changes

"Many thanks for including us. We actually do little enforcement work. Our main work is in preparing forms and documenting transactions of all sizes and advising as to state licensing, usury and other laws affecting the leasing industry."

BARRY S. MARKS
MARKS & ASSOCIATES, P.C.
barry@leaselawyer.com

----

PREFUNDING COMPLAINT

"I've been seeing more and more vendors asking for deposits or "prefunding" anywhere from 50-100% of the total lease transaction. (I am in the information technology sector of equipment leasing). The core group of underwriting banks that DDI deals with seems to not allow us to do so. I've spoken to other lenders that I've engaged to help close a "storied credit" and they seem to not have any issues w/ prefunding.

"I was wondering what your thoughts and experience with 'prefunding' of an equipment lease is, and if there was any information you can provide that will help me in this situation. I have had to walk away from a lot of business this year and I am hoping for a way to get it back.

"Thanks in advance and I hope all is well."

Nick Giglio
DDI Leasing, Inc.
nickg@ddileasing.com

(There are many funders that work with third party originators that both send in a "down payment" or "pay in full" before delivery; also common in "master leases" for both leases and "EFA's." At one time this was frowned upon, but the economy has changed this. I would say it is "uncommon" for a funder not to offer a third party originator this option. Editor)

---

Rowdy

"How are you old friend?

"As I have a new e-mail address, I would appreciate it if you would please add me to your mailing list at wwevans@elease.com . Thank you in advance.

"This was taken at the beach a month ago. Not the greatest picture but it will give you an idea of his markings."

wwe

Wayne Wright Evans
eLease Funding, Inc.
wwevans@elease.com

----

Betty Kerhoulas, CLP
Managing Director
Pacifica Capital
San Juan Capistrano, California

Archives---October 7, 2002
UAEL Elects First Female President
http://leasingnews.org/archives/Oct2013/10_06.htm#archives

"Thanks Kit – for the UAEL 1st female President acknowledgment. Appreciate it!~

"And I appreciate your unprecedented contribution to our industry through Leasing News.

"I miss Saratoga – although a couple of our kids and our best friends live in and around Saratoga, so we travel up there as much as possible.

"Have a great week!~"

Bette

Bette Kerhoulas, CLP
Pacifica Capital
bettek@pacifica-capital.com
www.pacifica-capital.com

 

Mr. Terry Winders available as a consultant regarding assisting attorneys in resolving disputes or explaining procedures or reviewing documents as utilized in the finance and leasing industry. He is the author of several books, including DVD's, as well as weekly columnist to Leasing News. He also performs audits of leasing companies as an expert on documentation, and has acted as an expert witness on leasing for litigation in legal and tax disputes, including before the IRS. He also has taught the senior bank examiners, how to review a bank leasing department, for the Federal Reserve in Washington D.C. and has trained the examiners for the FDIC on how to prepare a lease portfolio for sale. 502.649.0448/terrywinders11@yahoo.com

(This ad is a “trade” for the writing of this column. Opinions
contained in the column are those of Mr. Terry Winders, CLP)

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Isis Money Wallet
Latest Pay App

As the mobile device market place has changed from phone oriented to internet availabilities, Nokia and Motorola, once leaders, are playing catch-up. Nokia has sold its patent portfolio to Microsoft, who also has fallen behind as App developers have not developed as much for the Windows platform, given the dominance of iOS and Android across smartphones and tablets.

A growing consumer trend in mobile devices for banking is also changing the use of ACH and payments. Currently there are several with lower fees, as well as devices for using credit cards. The latest is Isis Money Wallet, where it is advertised you can pay with the tap of your mobile device using existing and participating credit cards.

Developed by a joint venture of Verizon Wireless, AT&T and T-Mobile USA, and open to any mobile operator, the system lets customers use credit cards from any participating financial institution, activating multiple cards within the app and choosing the right one for each purchase.

The list of participating credit-card issuers is also short at the moment. Only Chase and American Express credit cards, plus the American Express Serve reloadable prepaid card, can be used with Isis.

Isis works at stores with contactless payment terminals, which are increasingly common, according to ISIS. The venture said 25 of the top 100 U.S. retailers have deployed such terminals or are rolling them out. Could this be an EFL opportunity to capitalize on the mobile adoption trend; that is, financing the terminals, controllers, and/or servers?

ISIS said there are more than 40 smartphones from the three participating carriers that are ready to set up with the service. Apple's iPhones, which don't have NFC (near field communication) chips, are conspicuously absent from the list. But ISIS said support is coming for iPhones and Microsoft Windows Phones. That support may come with a phone sleeve that incorporates an NFC chip.

Complaints about the new app center around having a phone that is ready for the secure element SIM card. Instructions are to remove the SIM card and check for a gray mark in the bottom-right corner. If you are unsure of this, you may want to visit an AT&T retail store where they will install a free secure element SIM card.

https://play.google.com/store/apps/details?id=com.isis

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The Future of Digital: 2013
BI Intelligence Henry Blodget

Full Presentation: THE FUTURE OF DIGITAL: 2013 (134 slides)
www.businessinsider.com/the-future-of-digital-2013-2013-11#-1

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Recommendations

 Lease/Finance Calculators On Line

Free Lease-vs-Buy Calculator

“Our web-based lease-vs-buy calculator is completely free, provided as a courtesy to the capital equipment leasing community by S.B. Associates, Inc. You can view sophisticated lease-vs-buy analyses right on the web site, or you can print out reports for your customers. You'll appreciate the many sophisticated elements that can reveal the advantages of leasing, such as stepped or skipped rents, alternative minimum tax situations, loss carryforwards, or end of term options.

“We currently offer 5 different lease calculators. In addition to the free lease-vs-buy calculator described above, we offer LeaseMan Express (see below), a lease yield and pricing calculator specifically designed for the needs of the small ticket market and non-tax based leases in the middle market. For tax-based and leveraged leases, we offer the LeaseMan (non-express) version. We also offer two separate calculators specifically designed for consumer vehicle leasing.”

http://lease-vs-buy.com/

*** * ***

http://www.financial-publishing.com/ 
Publish interest tables, also computed the rates into factors, where you could then compute "retail" rates from "wholesale" rates.

For instance, on 60 months .025 was 18% or 10% add on ( in advance) and you could then multiply 1.05 ( if you wanted five points) times it and get the retail rate, the selling rate. 
They also have books that had first and last and then with residuals.

A reader asked us for a program that would calculate his commission based on a lease factor. Many founders and equipment leasing companies offer these programs on line, for free. Some allow you to download the program Excel can also do this easily.

Bob Teichman, CLP, sent us the correct formula for HP17BII :

ADV:PMT=(-PV-FVx(SPPV(I%YR÷12:N)))÷(USPV(I%YR÷12:N-#ADV)+#ADV)

"This is a very difficult formula to copy correctly, whether on paper or on the calculator.
"I use this formula in my pricing classes, and it is very useful as it will solve for any of the leasing variables, given any number of advance payments, including rate factor, cost, term, yield (or rate), and residual. As shown above, the formula is only for leases or loans which are paid monthly and where payments are level. However, the formula could be easily adapted to other payment periods (quarterly, for instance). You would have to use a difference formula, or a program such as T-Value, to calculate skip or step payment structures.

"Thanks for printing the information about on-line calculators. I continually refer people to your list."

Regards,

Bob Teichman, CLP
Teichman Financial Training
3030 Bridgeway, Suite 205
Sausalito, CA 94965
Tel: 415 331-6445
Fax: 415 331-6451
e-mail: BoTei@aol.com

In the old days we would take the factor and multiply it by 1.00 with the commission the salesman was seeking. For instance, .0331 and the salesman wanted five points, multiply 1.05 times .0331 and it would be 034755.

Here are some personal financial portals and calculation tools we will be adding to the page:

Bankrate.com
Kiplinger.com
The Motley Fool
USA Today.com

CNN Money has also a financial calculator and other tools, and it's advantage, it is designed with currency converters, and may other programs at work all over the world: 
http://cgi.money.cnn.com/tools/

Collection of free financial calculator, including stock spread calculator, rent vs. buy
http://www.wheatworks.com/freeware.htm

It there is a calculator we have not mentioned on this page, please let us know as we will share with other readers.

Here is one sent in by reader, Emily Hill emily.hill@inbox.com .  She says she uses 
it all the time as it "...features over one hundred (by the looks of it) finance-related calculators."www.mortgageloan.com/calculator/

*** * ***

mortgages/loans
http://www.loans-mortgage-calculator.com/

*** * ***

Rosanne Wilson, CLP, sent in a company that will add a calculator to your web page for a fee.

http://www.tcalc.com/

Rosanne Wilson, CLP 
1st Independent Leasing, Inc.
3800 SW Cedar Hills Blvd., Suite 165 
Beaverton , OR 97005 
(800) 926-0851 or Fax: (503) 626-1631 
"It's the Lease We Can Do" 
www.1stindependentleasing.com

 

Classified ads— Accounting/Aircraft/Appraisals

Leasing Industry Outsourcing
(Providing Services and Products)

Appraisals: Boston, MA Nationwide appraisals, remarketing, audits, inspections and more! Over 15-years industry experience and dedicated to deliver personal, prompt, professional services.  Call Chris @ 508-785-1277. Email: chris@dovermanagementgroup.com	Appraisals: National Equipment Appraisal prepares Certified Machinery and Equipment Appraisals. IRS qualified, USPAP Compliant. Nationwide - fast turnaround. Visit  nationalequipmentappraisal.com or call 714-282-1525
Accounting: Dallas, TX Provide cost effective Sales and Use Tax and Property Tax consulting and administration Services to the leasing industry. Many leasing industry referrals available. E-mail: mattm@osgsolutions.com	Accounting: National Property Tax Compliance Services to the leasing industry. Over 60-years experience and fifty Lessors as clients. References and free quotes available, (216) 658-5618, E-mail gary@avptc.com
Aircraft Delivery: Seattle, WA  Global Aircraft Delivery ferries all types of aircraft all over the world. We are a unique ferry company moving your aircraft with our expert turnkey operation. www.globalaircraftdelivery.com  E-mail: info@globalaircraftdelivery.com	Asset Management: Canada  Cease Bailiff Services Incorporated: Asset Investigation/Tracing; Asset Recoveries; Asset Protection/Security Asset Liquidations/Sales; Ottawa, Canada;www.ceasebailiff.ca dave@ceasebailiff.ca; Phone 613 898 7376 ; Fax 613 225 2452
Asset/Recovery & Collections: Charlotte, NC IRTC Continencies: Commercial Collections-Skip Trace- Repossessions-judgment enforcement-Investigations- Asset Re-marketing& No Cost Warehousing East Coast USA. Call 336-877-3077 ask for Robert or E-mail to Robert@mbsfinancial.com	Nationwide Seasoned anfair priced workforce is at your service for all lease collections, repossessions, and asset liquidations, appraisals.  Call Nassau Asset Management 800-462-7728   dcastagna@nasset.com
Asset/Recovery: NorthWest  Sequent provides collateral recovery, remarketing, and storage services to lenders with assets located in the greater Pacific Northwest. Professional services at reasonable pricing. Contactrossr@sequentam.com	Asset Marketing/Recovery: Remarking solutions for big rigs assets and trucking related companies including collections, recovery, repair and re-sales. North South Leasing cell # 586-909-8797 bob@nsleasing.com
Appraisals/Asset Recovery Melville, New York Auctions, Appraisals, National Repossessions.  ALL asset classes. 20+ year team works for you. Spend less, Net More… Fast! Ed Castagna 516-229-1968 ecastagna@inplaceauction.com	Appraisals/Inspections – Construction & Mining Heavy Equipment, Transport, Agriculture and Manufacturing. We provide Certified Appraisal Reports, (USPAP Compliant), Inventory Inspections, Collateral Valuation, VIN and Serial Number Verification with Detailed Photos, Lessee and Vendor Site Inspections including Customized Inspections. In a Hurry? Try our Kwik-Kwote  Email www.MobileEquipAppraisals.com

All "Outsourcing" Classified ads (advertisers are both requested and responsible to keep their free ads up to date:
http://www.leasingnews.org/Classified/Outsourcing/Outsourcing.htm

How to Post a free "Outsourcing" classified ad:
http://www.leasingnews.org/Classified/Outsourcing/Outsourcing-post.htm

((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)

Labrador Retriever Mix
Westlake Village, California Adopt-a-Dog

Memphis is a 3 year old large Black Lab/Hound mix. Memphis is so happy to be around people, and he just lights up when someone walks into the room. Memphis gets along well with other dogs, but should not be in a home with a small dog. He has a shiny black coat, and he is more handsome in person than in photos. His pictures don’t do him justice because he was trying to give the people love instead of sitting still and looking at the camera. Memphis asks that you set up an appointment to meet him and give him the chance to win your heart.

Labs and Buddies Rescue
4333 Park Terrace Drive Ste 205
Westlake Village, CA 91361
info@labsandbuddies.org
http://www.labsandbuddies.org

About:
http://www.labsandbuddies.org/About%20Us.html

Application:
http://www.labsandbuddies.org/emailformB.html

Adopt-a-Pet by Leasing Co. State/City
http://www.leasingnews.org/Conscious-Top%20Stories/Adopt_Pet.htm

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

 

News Briefs----

Marlin Leasing Sued re: Equipment Not working
http://madisonrecord.com/issues/892-breach-of-contract/260979-alton-baptist-church-claims-consumer-fraud-in-suit-against-leasing-co

Farouk Irani, father of First Leasing Company of India, felled by hubris
http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/finance/farouk-irani-father-of-first-leasing-company-of-india-felled-by-hubris/articleshow/26063263.cms

$13 Billion Settlement With JPMorgan Is Announced
http://dealbook.nytimes.com/2013/11/19/13-billion-settlement-with-jpmorgan-is-announced/?hp&_r=0

What the JPMorgan settlement means to homeowners
http://www.cbsnews.com/8301-505144_162-57613033/what-the-jpmorgan-settlement-means-to-homeowners/

Senator Baucus Offers Bill to Overhaul Corporate Tax Code
http://www.nytimes.com/2013/11/20/business/senator-baucus-offers-bill-to-overhaul-corporate-tax-code.html?hp

FinovateAsia Best of Show Winners
http://bankinnovation.net/2013/11/finovateasia-best-of-show-winners/

10 Most Innovative CEOs in Banking
http://bankinnovation.net/2013/11/10-most-innovative-ceos-in-banking/

Where will the next generation of smart lenders come from?
http://www.ababj.com/blogs/talking-credit/item/4208-where-the-next-generation-of-smart-lenders-come-from

Lawsuit Paid In Full: Samsung pays Apple $1 Billion
sending 30 trucks full of 5 cent coins
http://thebladebrownshow.wordpress.com/2013/11/13/lawsuit-paid-in-full-samsung-pays-apple-1-billion-sending-30-trucks-full-of-5-cent-coins/

Look Inside The New Google Showrooms
That Will Challenge Apple's Stores
http://www.businessinsider.com/pictures-google-winter-wonderlabs-2013-11

 

John Kenny Receivables Management www.jrkrmdirect.com • End of Lease Negotiations & Enforcement • Fraud Investigation • Credit Investigations • Asset Searches • Skip-tracing • Third-party Commercial Collections The Solution to Your Credit & Accounts Receivable Needs  John Kenny 315-866-1167 |  John@jkrmdirect.com

(Leasing News provides this ad as a trade for investigations
and background information provided by John Kenny)

[headlines]
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--You May Have Missed It

Why the Stock Market Isn’t in a Bubble, in Three Charts
http://blogs.wsj.com/moneybeat/2013/11/19/why-the-stock-market-isnt-in-a-bubble-in-three-charts/

[headlines]
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SparkPeople--Live Healthier and Longer

Quiz: Are Your Weight-Loss Expectations Realistic?:
SparkPeople Slideshow
http://www.sparkpeople.com/resource/slideshow.asp?show=68

[headlines]
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Football Poem

Nick Ferguson: The Poet Has Found a Home

By Doug Collins

DenverBroncos.com

The poet has found himself 
And now finally knows peace 
For where once the soul of a traveler lived 
There exists a spirit at ease 
One mile above the ocean 
In the land where the Broncos roam 
The poet can finally rest 
For, at last, he has found a home.

[headlines]
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Sports Briefs----

Pac-12 Notebook: Ducks take over top spot in North
http://sports.yahoo.com/news/pac-12-notebook-ducks-over-053100337--ncaaf.html

Film review: Dr. Jekyl and Mr. Kaepernick; Eric Reid adjusts, Tony Corrente dissected
http://blogs.sacbee.com/49ers/archives/2013/11/film-review-dr-jekyl-and-mr-kaepernick-eric-reid-adjusts-tony-corrente-dissected.html

Grant Cohn: Kaepernick’ s season of regression
http://www.pressdemocrat.com/article/20131119/sports/131119504

[headlines]
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California Nuts Briefs---

California transportation leaders seek car tax hike for road repairs
http://blogs.sacbee.com/capitolalertlatest/2013/11/california-transportation-leaders-seek-car-tax-hike-for-road-repairs.html

San Jose: City to give cops phased 10-percent pay restoration
http://www.mercurynews.com/crime-courts/ci_24553969/san-jose-city-police-union-close-deal-give

End of line for S.F.'s infamous Jack Tar Hotel
http://www.sfgate.com/bayarea/article/End-of-line-for-S-F-s-infamous-Jack-Tar-Hotel-4992130.php

[headlines]
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“Gimme that Wine”

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

Wine Institute: 2013 California Harvest Report -- Early, Exceptional Quality Vintage Throughout the State
http://www.prnewswire.com/news-releases/wine-institute-2013-california-harvest-report----early-exceptional-quality-vintage-throughout-the-state-232336391.html

Survey: Forty percent of Americans prefer to drink wine
http://www.ardmoreite.com/article/20131118/NEWS/131119764NEWS

Northwest wines dominate Wine Spectator top 100 list
http://www.greatnorthwestwine.com/2013/11/19/northwest-wines-dominate-wine-spectator-top-100-list/

Wines for Thanksgiving: Mixing Without Trying to Match
http://www.nytimes.com/2013/11/20/dining/reviews/wines-for-thanksgiving-mixing-without-trying-to-match.html?ref=dining

Free Mobile Wine Program
http://leasingnews.org/archives/Feb2010/2_26.htm#mobile

Wine Prices by vintage
http://www.winezap.com
http://www.wine-searcher.com/

US/International Wine Events
http://www.localwineevents.com/

Winery Atlas
http://www.carterhouse.com/atlas/\

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

    1620-The first child born of English parents in New England was Peregrine White, born on board the Mayflower off Cape Cod harbor. He was the son of Susanna and William White.
    1775- Forks of Tar River, North Carolina, changed its name to Washington in honor
of General Washington and his fight for the United Colonies.
    1776- the Continental Congress authorized the building of the US
Navy first ship, America, which was to be commanded by John Paul Jones. On September 23, 1782, the America was presented to King Louis XVI of France in appreciation of his country’s assistance during the Revolutionary War. 
    1711- the first Sperm whale captured at sea was cap­tured by a whaling vessel out of Nan­tucket, MA. This was the beginning of an in­dustry that numbered over 700 vessels by 1846.
    1715-Whaling expedition on record set sail from Nantucket, MA, about 1715. Six sloops, of 30 to 40 tons burden each, returned with cargoes amounting to 600 barrels of oil and 11,000 pounds of bone, the total value of which was £1,100 sterling. There were whaling trips by single boats prior to this expedition.
    1726-Birthdy of Oliver Wolcott, signer of the Declaration of Independence, Doctor, sheriff, judge, soldier. Continental Congress (1776-1777). Lieutenant Governor of Connecticut (1786-1796).  Governor (1797). born Windsor, CT. Died Dec. 1, 1797, at Litchfield, CT. 
http://www.oliverwolcott.com/
Nov 20
    1776 Hessians capture Fort Lee, NJ 
http://faculty.njcu.edu/ckarnoutsos/revolutionarywar.htm
http://www.patriotresource.com/battles/trenton/page1.html
http://www.njreporter.org/NJH200204/njr_trenton_princeton1.html
    1789- New Jersey became the first state to ratify 10 of the 12 amendments to the US Constitution proposed by Congress. These 10 amendments came to be known as the "Bill of Rights."
http://www.magnacartaplus.org/usa-rights/#billofrights
    1817 - 1st Seminole War began in Florida. After the American Revolution (1776-1783), Spain regained control of Florida from Britain as part of the Treaty of Paris. When the British evacuated Florida, Spanish colonists as well as settlers from the newly formed United States came pouring in. Many of these new residents were lured by favorable Spanish terms for acquiring property, called land grants. Even Seminoles were encouraged to set up farms, because they provided a buffer between Spanish Florida and the United States. Escaped slaves also entered Florida, trying to reach a place where their U.S. masters had no authority over them. Instead of becoming more Spanish, Florida increasingly became more "American." The British often incited Seminoles against American settlers who were migrating south into Seminole territory. These old conflicts, combined with the safe-haven Seminoles provided black slaves, caused the U.S. army to attack the tribe in the First Seminole War (1817-1818), which took place in Florida and southern Georgia. Forces under Gen. Andrew Jackson quickly defeated the Seminoles.
    1819- The first ship sunk by a whale was the whaler Essex, which sailed from Nantucket, MA, on August 12, 1819, headed for the whaling grounds off the coast of Chile. According to the account of first mate Owen Chase, on November 20, 1820, the Essex was hunting sperm whales at latitude 0 degrees 40 minutes 5, lon­gitude 119 degrees W, when an enraged bull whale rammed the ship twice and capsized it. The crew escaped in open boats, but only five of them survived the 4,SOO-mile journey to Peru, which took 83 days. The story of the Essex was one of the inspirations for Herman Melville’s novel “Moby Dick.”
    1862- Confederate army of Tennessee, organizes under Gen Braxton Bragg
http://www.civilwarhome.com/braggbio.htm
http://www.ngeorgia.com/people/braggb.html
http://www.civilwarhome.com/CHMbraggbio.htm
http://users.aol.com/cinticwrt/bragg.html
    1864- Nearly a week into the famous March to the Sea, the army of Union General William T. Sherman moves toward central Georgia, destroying property and routing small militia units it its path. Advanced units of the army skirmished with scattered Rebel forces at Clinton, Walnut Creek, East Macon, and Griswoldville, all in the vicinity of Macon. The march began on November 15 and ended on December 21, 1864. Sherman led 62,000 troops for 285 miles across Georgia and cut a path of destruction more than fifty miles wide. He divided his force into two columns and widened the swath of destruction. The Yankees cut away from their supply lines at Atlanta and generally lived off the land. What they did not consume, they destroyed. More than 13,000 cattle fell into Union hands, as well as 90,000 bales of cotton and numerous sawmills, foundries, cotton gins, and warehouses. The March to the Sea devastated Southern morale and earned Sherman the lasting hatred of many Southerners.
    1866—Formation of Howard University.
http://memory.loc.gov/ammem/today/nov20.html
    1866-The first bicycle with a rotary crank was patented by Pierre Lallemont. It was known as a “bone shaker.” He rode on it from Ansonia, CT, to New Haven, CT. the fore wheel was axled to the jaws of a depending bar, which was pivoted in the frame, and turned by a horizontal level bar, which was revolved by a treadle crank.
    1889-Birthday of Edwin Powell Hubble, American astronomer born at Marshfield, MO. His discovery and development of the concept of an expanding universe has been described as the “most spectacular astronomical discover” of the 20th century. As a tribute, the Hubble Space Telescope, deployed April 25, 1990, form a US Space Shuttle Discovery, was named for him. The Hubble Space Telescope with a 240-centimeter mirror, was to allow astronomers to see farther into space than they had ever seen from telescopes on Earth. Hubble died at San Marino, CA, September 29, 1953.
    1900 - a major tornado outbreak in Arkansas, Mississippi and Tennessee killed 77 people. Two F4 tornadoes accounted for most of the deaths
    1910-Today it is a national holiday in Mexico. Francisco I. Madero launched a social revolution in Mexico. 
    1910-Birthday of trumpet player Franc Williams, McConnels Mills, MA.
    1914 - The high temperature of 28 degrees at Atlanta, GA, was their earliest daily high below the freezing mark.
    1919- “Swede “ Myerhofer landed his plane and christened the first airport owned by a city, Tucson Municipal Airport, located east of Tucson, Arizona.
    1920-Birthday of trumpet player Joe Guy, Birmingham, AL Died, 1962.
    1923-African-American Garrett T Morgan patents the traffic signal.
Founder of the “Cleveland Call” newspaper, he became a wealthy man, and also holds many patents for many inventions.
http://education.dot.gov/aboutmorgan.html
http://www.enchantedlearning.com/inventors/page/m/morgan.shtml
    1925-Birthday of Robert Kennedy, the US Senator and younger brother of John F. Kennedy ( thirty-fifth president), Brookline, MA. History shows him as the only US Senator to also have a brother
who was president Robert Kennedy was killed by Sirhan Sirhan while campaigning for the presidential nomination. When I worked at ABC-TV West Coast News, I covered the afternoon Sirhan trail, seating only a few feet from him. I had interviewed both Kennedy brothers as a newsman.
    1925 June Christy Birthday 
http://www.belten.freeserve.co.uk/misty/june.htm
    1931-The American Telegraph and Telephone Company introduced the first teletype commercial service. Messages were typed on tape and transmitted automatically to a central office and retransmitted to their destinations. The charges were based on the time required to transmit each message, , not on the number of words.
    1943- The US began it during the night by attacking the Gilbert Islands, particularly the islets of Betio and Makin. The Japanese had heavily fortified the Tarawa chain of atolls, especially Tarawa, with pillboxes, blockhouses and ferroconcrete bombproof. In the eight days it took the 5th Amphibious Corps, 2nd Marine Division and the 27th Infantry Division to take the Tarawa and Makin Islands, 1,000 US soldiers were killed and 2.311 wounded. The Japanese loss was tallied at 4,700 men killed, 17 wounded captured and 129 Koreans surrendered. The US public, who through censorship previously had been kept in the dark about the human cost of the war, was appalled by casualty figures and photographs from the battle offensive against Japan in the Central Pacific (Operation Galvanic).
     1943- BORDELON, WILLIAM JAMES  Medal of Honor
Rank and organization: Staff Sergeant, U.S. Marine Corps. Born: 25 December 1920, San Antonio, Tex. Accredited to: Texas. Citation: For valorous and gallant conduct above and beyond the call of duty as a member of an assault engineer platoon of the 1st Battalion, 18th Marines, tactically attached to the 2d Marine Division, in action against the Japanese-held atoll of Tarawa in the Gilbert Islands on 20 November 1943. Landing in the assault waves under withering enemy fire which killed all but 4 of the men in his tractor, S/Sgt. Bordelon hurriedly made demolition charges and personally put 2 pillboxes out of action. Hit by enemy machinegun fire just as a charge exploded in his hand while assaulting a third position, he courageously remained in action and, although out of demolition, provided himself with a rifle and furnished fire coverage for a group of men scaling the seawall. Disregarding his own serious condition, he unhesitatingly went to the aid of one of his demolition men, wounded and calling for help in the water, rescuing this man and another who had been hit by enemy fire while attempting to make the rescue. Still refusing first aid for himself, he again made up demolition charges and single-handedly assaulted a fourth Japanese machinegun position but was instantly killed when caught in a final burst of fire from the enemy. S/Sgt. Bordelon's great personal valor during a critical phase of securing the limited beachhead was a contributing factor in the ultimate occupation of the island, and his heroic determination throughout 3 days of violent battle reflects the highest credit upon the U.S. Naval Service. He gallantly gave his life for his country.
    1944- Les Brown, with Doris Day, records “ Sentimental Journey.”
    1944 - The 1st Japanese suicide submarine attack was at Ulithi Atoll, Carolines. A Japanese Kaiten attack sinks the US naval tanker Mississinewa. The kaiten was aptly described by Theodore Cook as "not so much a ship as an insertion of a human being into a very large torpedo." The guts of the beast was a standard Type-93 24" torpedo, with the mid-section elongated to create the pilot's space. He sat in a canvas chair practically on the deck of the kaiten, a crude periscope directly in front of him, and the necessary controls close to hand in the cockpit. Access to the kaiten was through hatches leading up from the sub and into the belly of the weapon. The nose assembly was packed with 3000+ pounds of high explosive; the tail section contained the propulsion unit. 
    1945-The International Military Tribunal begins trying German war criminals at Nuremberg. The trial, which lasted 78 days, attempted to hold Nazi and German military officials accountable for atrocities including the massacre of 30,000 Russians during the German invasion and the massacre of at least 50,000 people in the Warsaw Ghetto. Twenty-four defendants were tried, including Hermann Goering, the designated successor to Hitler, and Rudolf Hess, Hitler's personal secretary. All defendants pleaded not guilty to the charges. When one of the defendants demanded that an anti-Semitic lawyer represent him, an ex-Nazi was assigned to his defense. Because of the mountains of evidence and the many languages spoken by the defendants and prosecutors, the trial was beset with logistical problems. During the proceedings, Rudolf Hess feigned amnesia to escape responsibility. Though many expected the most excitement to arise from the cross-examination of Hermann Goering, his testimony was a letdown: he was even attacked by his fellow defendants for refusing to take responsibility for anything. Twenty-one defendants were convicted: 12 were sentenced to hang, and the rest were sent to prison. One man escaped the hanging by remaining at large while Goering escaped by committing suicide first. On October 16, 1946, 10 Nazi officials were hanged. 
    1945- the first session of the German war crimes trials , known as the Nuremberg Trials, started at Berlin this day in     1945 with indictments against 24 former Nazi leaders. Twelve were sentenced, one committed suicide during the trial, and another was excused because of his physical and mental condition. The trial lasted more than ten months.
    1945-BRILES, HERSCHEL F. Medal of Honor
Rank and organization: Staff Sergeant, U.S. Army, Co. C, 899th Tank Destroyer Battalion. Place and date: Near Scherpenseel, Germany, 20 November 1944. Entered service at: Fort Des Moines, lowa. Birth: Colfax, lowa. G.O. No.: 77, 10 September 1945. Citation: He was leading a platoon of destroyers across an exposed slope near Scherpenseel, Germany, on 20 November 1944, when they came under heavy enemy artillery fire. A direct hit was scored on 1 of the vehicles, killing 1 man, seriously wounding 2 others, and setting the destroyer afire. With a comrade, S/Sgt. Briles left the cover of his own armor and raced across ground raked by artillery and small-arms fire to the rescue of the men in the shattered destroyer. Without hesitation, he lowered himself into the burning turret, removed the wounded and then extinguished the fire. From a position he assumed the next morning, he observed hostile infantrymen advancing. With his machinegun, he poured such deadly fire into the enemy ranks that an entire pocket of 55 Germans surrendered, clearing the way for a junction between American units which had been held up for 2 days. Later that day, when another of his destroyers was hit by a concealed enemy tank, he again left protection to give assistance. With the help of another soldier, he evacuated two wounded under heavy fire and, returning to the burning vehicle, braved death from exploding ammunition to put out the flames. By his heroic initiative and complete disregard for personal safety, S/Sgt. Briles was largely responsible for causing heavy enemy casualties, forcing the surrender of 55 Germans, making possible the salvage of our vehicles, and saving the lives of wounded comrades. 
    1947 - The first network presentation of "Meet the Press" aired on NBC-TV (consisting of two stations). The panel interview program became the longest-running series on network television.
    1950 - U.S. troops push to the Yalu River, within five miles of Manchuria.
    1951—Top Hits
Because of You - Tony Bennett
Down Yonder - Del Wood
Slow Poke - Pee Wee King
Sin (It’s No) - Eddy Howard
    1952-A struggling Frank Sinatra agrees to a screen test for a role in From Here to Eternity. The movie will win him an Academy Award for Best Supporting Actor and revive his flagging career. Frank Sinatra was born in New Jersey in 1915. He formed a singing quartet in his teens; the group won a popular radio talent show in 1935 and began touring small nightclubs. In 1940, Sinatra joined the Tommy Dorsey Orchestra and began topping the charts. Sinatra soon became a popular screen actor, but after his vocal chords suffered damage in 1952, his career took a drastic downturn. His talent agency dropped him, and he had to plead with movie producers to cast him, agreeing to do screen tests despite the fact that he was already a well-known performer. He won the role in From Here to Eternity (1953) but was paid only $8,000. However, the role and the Academy Award he won helped resurrect his career. 
    1955 - The Maryland National Guard is ordered desegregated.
    1955- After telling Ed Sullivan that he would perform a song called "Sixteen Tons", Bo Diddley sings "Bo Diddley" live on CBS-TV's Ed Sullivan Show. He would never be invited back. 
    1955-RCA Victor buys Elvis Presley's contract from Sun Records for $40,000. The deal was inked at New York's Warwick Hotel and gives Elvis $13,500 for signing.
    1959—Top Hits
Mr. Blue - The Fleetwoods
Don’t You Know - Della Reese
Heartaches by the Number - Guy Mitchell
Country Girl - Faron Young
    1961-Billboard reports on the global Twist Craze: WOR-TV, New York, has shot a series of one and five minute "Twist Lessons" with Chubby Checker to be shown hourly every day. Checker has also been inked for a British-American film production; Joey Dee & the Starlighters, whose album, "Doin' the Twist at the Peppermint Lounge" is released this week, have signed for the Paramount film, "Hey, Let's Twist"; Dion has signed to star in Columbia's "Twist Around the Clock"; and in France there are 45 different "Twist" records on the the market.
    1961-With the Twist craze sweeping across North America, Billboard reports that WOR-TV, New York, has shot a series of one and five minute Twist lessons with Chubby Checker, to be shown hourly every day. 
    1962-Lifting of the naval blockage of Cuba was announced by President Kennedy, following assurances by Premier Khrushchev that all Soviet jet bombers in Cuba would be removed within 30 days.
    1962-An executive order prohibiting racial discrimination in housing built or purchased with federal funds was signed by President Kennedy.
    1962-The Four Seasons' "Big Girls Don't Cry" is released on Vee Jay Records. It goes up to Number One, as does their first (and current) hit, "Sherry." Both songs feature lead singer Frankie Valli's falsetto.
    1965 - "I Hear A Symphony" becomes The Supremes' sixth US number one single. The trio had their streak of five chart toppers in a row interrupted by "Nothing But Heartaches", which stalled at number 11. 
    1966 - "Cabaret" opened on Broadway for the first of 1,166 stellar performances. Joel Gray starred in the hugely successful musical that is an adaptation of both the play, "I Am a Camera", and the novel, "Goodbye to Berlin".
    1967 - U.S. census reports the population at 200 million.
    1967—Top Hits
To Sir with Love - Lulu
Soul Man - Sam & Dave
Incense and Peppermints - Strawberry Alarm Clock
It’s the Little Things - Sonny James
    1967 -LOZADA, CARLOS JAMES  Medal of Honor
Rank and organization: Private First Class, U.S. Army, Company A, 2d Battalion, 503d Infantry, 173d Airborne Brigade. place and date: Dak To, Republic of Vietnam, 20 November 1967. Entered service at: New York, N.Y. Born: 6 September 1946, Caguas, Puerto Rico. Citation: For conspicuous gallantry and intrepidity in action at the risk of his life above and beyond the call of duty. Pfc. Lozada, U.S. Army, distinguished himself at the risk of his life above and beyond the call of duty in the battle of Dak To. While serving as a machine gunner with 1st platoon, Company A, Pfc. Lozada was part of a 4-man early warning outpost, located 35 meters from his company's lines. At 1400 hours a North Vietnamese Army company rapidly approached the outpost along a well defined trail. Pfc. Lozada alerted his comrades and commenced firing at the enemy who were within 10 meters of the outpost. His heavy and accurate machine gun fire killed at least 20 North Vietnamese soldiers and completely disrupted their initial attack. Pfc. Lozada remained in an exposed position and continued to pour deadly fire upon the enemy despite the urgent pleas of his comrades to withdraw. The enemy continued their assault, attempting to envelop the outpost. At the same time enemy forces launched a heavy attack on the forward west flank of Company A with the intent to cut them off from their battalion. Company A was given the order to withdraw. Pfc. Lozada apparently realized that if he abandoned his position there would be nothing to hold back the surging North Vietnamese soldiers and that the entire company withdrawal would be jeopardized. He called for his comrades to move back and that he would stay and provide cover for them. He made this decision realizing that the enemy was converging on 3 sides of his position and only meters away, and a delay in withdrawal meant almost certain death. Pfc. Lozada continued to deliver a heavy, accurate volume of suppressive fire against the enemy until he was mortally wounded and had to be carried during the withdrawal. His heroic deed served as an example and an inspiration to his comrades throughout the ensuing 4-day battle. Pfc. Lozada's actions are in the highest traditions of the U.S. Army and reflect great credit upon himself, his unit, and the U.S. Army.
    1967 -19 year old Arlo Guthrie released an album called "Alice's Restaurant". When the eighteen minute long title song premiered at the Newport Folk Festival, it helped foster a new commitment among the '60s generation to social consciousness and activism. Arlo went on to star in the 1969 Hollywood film version of Alice's Restaurant, directed by Arthur Penn.
    1969-In the United States, Seymour Hersh, an independent investigative journalist, files a second My Lai story based on interviews with Michael Terry and Michael Bernhardt, who served under 1st Lt. William Calley during the action that was later dubbed the My Lai massacre. Also on this day, the Cleveland Plain Dealer published explicit photos of the dead at My Lai. The American public was stunned. Hersh broke the story earlier in the month, describing how soldiers from the American Division conducting a sweep of My Lai indiscriminately shot people as they ran from their huts, and then systematically rounded up the survivors, allegedly leading them to a ditch where they were executed per Calley's orders. 
Despite the fact that an Army board of inquiry found that 30 persons either participated in the atrocity or knew of it and failed to do anything, only 14 were charged with crimes. All eventually had their charges dismissed or were acquitted, except Calley, who was found guilty of murdering 22 civilians and was sentenced to life imprisonment. His sentence was reduced twice and William Calley gained parole in November 1974.
    1969-American Indians seized and occupied Alcatraz Island
On the morning of November 20, 1969, 79 American Indians, including students, married couples and six children, landed on Alcatraz island (despite an attempted Coast Guard blockade) and began their occupation which lasted for 19 months.
    1971-Isaac Hayes hit number 1 in the US with the "Theme From Shaft", a mostly instrumental track used in the Shaft movie, starring Richard Roundtree. It was Hayes' only million-selling single, although he did place seven other songs in the US Top 40, but only one of those cracked the top 20.
    1971-"Inner City Blues" becomes the third R&B Number One single from Marvin Gaye's, "What's Goin' On" album. The others are the title track and "Mercy, Mercy Me." The LP represents the first time a major Motown artist has taken a public stand on controversial social issues.
    1975—Top Hits
Island Girl - Elton John
Who Loves You - Four Seasons
That’s the Way (I like It) - KC & The Sunshine Band
Are You Sure Hank Done It This Way - Waylon Jennings
    1976- Woody Herman Band plus alumni play Carnegie Hall on their 40th anniversary ( RCA BGL2-2203)
    1976-Paul Simon hosts NBC's Saturday Night Live where he duets with George Harrison on "Here Comes The Sun" and "Homeward Bound". Paul McCartney and John Lennon are both in New York and watching the show on TV. 
    1978 - In Jonestown, Guyana, American Rev. Jim Jones leads his followers in a mass suicide. Indiana-born, 47-year-old Reverend Jim Jones, leader of the “Peoples Temple,” was reported to have directed the suicides of more than 911 persons at Jonestown, Guyana. US Representative Leo J. Ryan, of California, and four members of his party were killed in ambush at Port Kaituma airstrip on Nov 18, 1978, when they attempted to leave after an investigative visit to the remote jungle location of the religious cult. This day, Jones and his mistress killed themselves after watching the administration of Kool-Aid laced with the deadly poison cyanide to members of the cult. At least 913 persons died in the biggest murder-suicide in history.
    1979-The first transfusion of artificial blood took place at the University of Minnesota Hospital, Minneapolis, MN. The patient was a Jehovah’s Witness who on religious grounds refused a transfusion of real blood. Dr. Robert Anderson injected the patient with Fluosol, an artificial blood substitute developed in Japan.
    1982- The University of California football team defeated Stanford University, 25-20, on a most unusual last play. Stanford was ahead, 20-19, and had to kick off with only a few seconds left. The Cal players knew that if any of them were tackled, the game would be over. They began a unscripted series of five laterals that landed them in the end zone after they dodged all the Stanford players and the Stanford band which had rushed onto the field prematurely. The Stanford band today is quite unique and iconoclast, it is said due to this event of losing the game because they came on the field too early in celebration of the “victory.” 
    1983 -- John Riggins sets an NFL record by rushing for a touchdown in his 12th straight game. The score is his record-tying 19th rushing touchdown of the year. The streak ended at 13 consecutive games while Riggins went on to establish an NFL record with 24 touchdowns for the year. 
    1983—Top Hits
All Night Long (All Night) - Lionel Richie
Say Say Say - Paul McCartney & Michael Jackson
Uptown Girl - Billy Joel
One of a Kind Pair of Fools - Barbara Mandrell
    1984 - The largest crowd to see the unveiling of a Hollywood Walk-of-Fame star turned out as Michael Jackson got his piece of the sidewalk right in front of Mann’s Chinese Theatre in Los Angeles. ‘The Gloved One’ became star number 1,793 on the famed walk.
    1988 - Thunderstorms developing ahead of a fast moving cold front produced severe weather in the Upper Ohio Valley and the Middle Atlantic Coast Region during the afternoon and early evening. Thunderstorm winds gusted to 69 mph at Kennedy Airport in New York City, and winds along the cold front itself gusted to 56 mph at Cincinnati OH. The same storm produced snow in Kansas, Missouri and Illinois, with eight inches reported at Rolla MO.
    1989 - An unusual out-of-season severe outbreak occurred across the northeast with 193 reports of damaging winds in New York, Pennsylvania and New Jersey. Winds gusted to 94 mph at Newburgh, NY, 86 at Harrisburg, PA and Hammonton, NJ. Tornadoes touched down at McAlveys, NY and Seaside Park, NJ
    1990- Due to his unruly behavior toward the umpires in Game 4 of the ALCS, Roger 'the Rocket' Clemens is suspended for the first five games of the 1991 season and is fined $10,000.
    1991---Top Hits
Cream - Prince & The N.P.G.
Can’t Stop This Thing We Started - Bryan Adams
When a Man Loves a Woman - Michael Bolton
Shameless - Garth Brooks
    1997- A.C. Green of the Dallas Mavericks set an NBA record for consecutive games played, 907, when he took the floor for the Mavericks’ game against the Golden State Warriors. Green began his streak on November 19,1986, when he played for the Los Angeles Lakers. It continued as he moved to the Phoenix Suns and then to the Mavericks. his accomplishment was noted with an elaborate halftime ceremony that included appearances by Randy Smith, the man whose record Green broke, and baseball’s iron man, Cal Ripken.
    2000---The landmark 1915 Albert S. Samuels clock at 856 Market Street, San Francisco, was restored following a 10-year respite. 
    2001- Ichiro Suzuki becomes only the second player in major league history to win the Most Valuable player Award in the same year as being selected Rookie of the Year. The 28-year- old Mariner outfielder joins Red Sox freshman outfielder Fred Lynn, who accomplished the feat in 1975, as the only other rookie to win the MVP.
    2008-- The 35-year reign of George Steinbrenner as the Yankees boss officially ends when the MLB owners unanimously approve of his son taking control of the franchise. Hal Steinbrenner was appointed co-chairmen of the team along with his brother Hank at the start of last season when it became evident their 78-year old dad has was gradually reducing his role as the owner of the storied franchise.