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

kitmenkin@leasingnews.org
   



Wednesday, November 19, 2014



Today's Equipment Leasing Headlines

Direct Capital Chris Broom Buys $8 Million Home
  Appears Keeping Former Tyco President Mansion in NH
    Thank You, Rick Jones
       Classified Ads---Legal
Beware Congress May Pass Changes if FASB Does Not
   Brief Lease Accounting Washington, D.C. Update
Lucky Airline Let Off the Hook in EAR Bankruptcy
   By Tom McCurnin, Leasing News Legal Editor
Leasing Industry Ads---Help Wanted
    Placard---“Yes You Can”
Leasing 102 by Mr. Terry Winders, CLP
  Computer Based Pricing
What Marlin 3rd Quarter Press Release Did Not Include
  From Form 10-Q Period Ended September 30, 2014
Foreign Banks See US Deposit Growth
   Despite Cutting Branches in US
“Updating Your LinkedIn Profile’s Title/Heading”
     Career Crossroad---By Emily Fitzpatrick/RII
         $240,990 Toner Cartridge Fraud
 ICBA Statement on FDIC Report on Unbanked & Underbanked
Age 18 to 30 Optimistic Job Opportunities
   Federal Reserve System Report
  Retriever/Terrier
   Tampa, Florida  Adopt-a-Dog
More on Warren Clayton Stephens
     Former NFL Football Player
Attorneys Who Specialize in
   Banking, Finance, and Leasing
News Briefs---
Snow way! U.S. 'hammered' by freak freeze, whiteout
 50 Percent of the Contiguous U.S. Now Covered in Snow
   After Bozeman, Astro, Lake Effect Snow
Senate Narrowly Defeats Keystone XL Pipeline
 Here's What It Costs To Open A McDonald's Restaurant
  Recovery payments up to $10 billion for Madoff victims

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[headlines]

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

Direct Capital Chris Broom Buys $8 Million Home
Appears Keeping Former Tyco President Mansion in NH

"To own a Casey Key Home is to enjoy miles of pristine sugary white beaches with views of the aqua-blue waters of the Gulf of Mexico.  Because of this, Casey Key has become one of the most prestigious addresses in all of Florida, now called home to celebrities, artist, prominent business owners, sports figures, movie stars and famous authors such as Stephen King."

Insider Real Estate reports Christopher J. Broom purchased a 13,533 square foot mansion in Casey Key, Florida, for $8 million (1).  Linkedin.com lists Chris Broom as Chairman at Direct Capital. How long he will remain is anyone’s guess, but looks like he will be spending more time in Florida.

"At a recent stand up Town Hall meeting at Direct Capital, CIT President Nelson Chai joked about Chris Broom's new tan. Chris Broom has been seen around the office very little since the acquisition," reports a Leasing News reader.

The Brooms still own the 10,000 square foot mansion in North Hampton, New Hampshire, ironically originally owned by Tyco International CEO L. Dennis Kozloswki, who as you may remember was involved in the purchase of CIT in 2001. He was convicted in 2005 of crimes related to his receipt of $81 million in unauthorized bonuses, the purchase of art for $14.725 million and the payment by Tyco of a $20 million investment banking fee to Frank Walsh, a former Tyco director. He served more than six years at the Mid-State Correctional Facility in Marcy, New York before being transferred to the Lincoln Correctional Facility in New York City, from which he was granted conditional release on January 17, 2014.

At the time of purchase, the house in New Hampshire was assessed at $9.4 million on a 15-acre estate at 10 Runnymede Drive (3)


Indoor Lap Pool

Reportedly the Brooms also own a mansion in New London, New Hampshire (Next to properties owned by James Broom and father C. Edward Broom on Lake Sunapee).

(1) Inside Real Estate article
http://insiderealestate.heraldtribune.com/2014/10/07/christopher-j-broom-buys-casey-key-mansion/

2013 Property Tax $125,792 (also has photos of property)
http://www.trulia.com/homes/Florida/Osprey/sold/25181811-712-N-Casey-Key-Rd-Osprey-FL-34229

(2) LinkedIn Profile
www.linkedin.com/pub/chris-broom/7/59/601

(3) Tyco Kozlowski Mansion Sold to Direct Capital CEO and his wife
http://leasingnews.org/archives/Feb2011/2_24.htm#mansion

 

 

[headlines]
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Thank You, Rick Jones

Rick Jones, Associate Publisher, was responsible for Leasing News from October 28 to November 16 while I was on vacation. I would like to thank him for a job very well done. Kudos also to Associate Editor Ralph Mango, who in addition to his regular duties also contributed an article (and hopefully more to follow) as well as thank you to Tom McCurnin, Legal News Editor, who spends a lot of time on many articles and with legal advice, plus our regular contributors Steve Chriest, Fernando Croce, Emily Fitzgerald, Marty Robins, Terry Winders, and others who have their specialties, such as John Kenny, our chief investigator.

Very much appreciate all who have contributed to the News Editions.

As Frank Sinatra would sing, "It's very nice to go traveling. To Rome, Florence, cruise the islands off Spain, then visit Barcelona, and Madrid. It's oh, so nice to go trav'ling. But it's so much nicer.  Yes, it's so much nicer to come home."

Kit Menkin, Publisher

 


[headlines]
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Classified Ads---Legal

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

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


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

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

 


[headlines]
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Beware Congress May Pass Changes if FASB Does Not
Brief Lease Accounting Washington, DC, Up-date
by Shawn Halladay

Two members of the House of Representatives are unhappy with the FASB’s proposed leasing standard and are suggesting the SEC needs to step in and tighten up the process.  In a November 10th Wall Street Journal opinion piece, Reps. Brad Sherman, a Democrat from California, and Peter King, a Republican from New York, stated that the proposed standard will "distort the financial condition of businesses by accelerating expenses over a short timeline rather than reflect expenses over the life of a lease."

Sherman and King have been critical of the proposed standard, challenging the Boards’ view that the change to accounting will give investors a better indication of the risks companies assume when they enter into leases for property or equipment.  In Rep. King’s view, the rating agencies and other professional analysts are able to learn most of the information they want through the present footnote disclosure requirements.

In addition to their concern with the impact of the standard on companies’ ability to borrow funds or add new employees, the two want the FASB to do a detailed analysis of the standard's costs before finalizing it.  This analysis would include more transparency, public input, and cost-benefit analysis, such as that required for SEC rule-making.  The Congressmen have questioned the efficacy of the FASB’s outreach effort to date and said that, if the SEC won't impose these types of restrictions on the accounting board, Congress may force it to take action.

It is anticipated that the new lease accounting standard will be issued sometime next year, probably later than sooner.  What is not as clear is what actions the SEC or Congress may take if the standard is finalized with the provisions of which the lawmakers are most critical.


Shawn Halladay
Managing Director
Amembal & Halladay
www.amembalandhalladay.com
801.322.4499 direct
801.597.6147 mobile
shawn@amembalandhalladay.com

 

 

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

Lucky Airline Let Off the Hook in EAR Bankruptcy
By Tom McCurnin
Leasing News Legal Editor

Charter Airline, Which Supplied EAR With Private Jets, Is Ruled Not To Have Committed a Fraudulent Conveyance.

Acquisition Resources v Charter Airline  11 A 02110 (2014)

The Bankruptcy Court for the Northern District of Illinois has actually made a decision in favor of one of the creditors in the Equipment Acquisition Resources (EAR) case, letting a charter airline off the hook for supplying the late Sheldon Player with $161,000 worth of private airline costs. 

I hate this bankruptcy.  I particularly dislike the original trustee suing every creditor that had anything to do with Sheldon Player.  What is news today is that the newly appointed bankruptcy judge in the case has actually let a creditor off the hook. 

I won’t go into the facts of the underlying EAR business, other than to say that it was a Ponzi scheme and although equipment lessors leased equipment to EAR, there was really no such equipment.  Charter Airlines became entangled with EAR when Sheldon Player contracted to supply EAR’s officers with private chartered jet travel, to the tune of $161,000.  Most of this was for his trips to various casinos around the United States, where he reportedly lost and won quite a bit of money, returning home with cash. On one of his trips, the FBI caught him with $700,000 in his duffel bag. (1)

In this case, this was an arm’s length transaction, and as the Court pointed out, Charter Airline was unaware either that EAR was insolvent or that Mr. Player was engaged in a fraud or the purpose of the trips.  Furthermore, no reasonable person would have known or suspected those facts. Finally, the price charged by Charter Airlines was the fair market value for such flights. 

Under Bankruptcy Code § 548(c) a creditor has an absolute defense to a fraudulent conveyance action if it acted in good faith and exchanged fair value.  Helms v. Roti (In re Roti), 271 B.R. 281, 295 (Bankr.N.D.Ill.2002), aff'd, Nelmark v. Helms, No.  2003 WL 1089363 (N.D.Ill. Mar. 11, 2003).  As discussed above, the airline had no knowledge of fraud and the charges for the chartered airline were fair market value.  Moreover, the focus is not whether value was given to the debtor as opposed to the individuals of the debtor, but whether the value received by the creditor was reasonable.  Jimmy Swaggart Ministries v. Hayes, Jr. (In re Hannover Corp.), 310 F.3d 796, 802 (5th Cir.2002).  Thus charging Sheldon Player the fair market value for a private jet charter was “reasonably equivalent value.”  Summary Judgment was granted in favor of the Airline, and against the Trustee.  The creditor won, and the trustee lost. 

What is the lesson for the equipment lessor here?

The case does not concern equipment leasing, but dozens of equipment lessors have been snared in the EAR case.  This case is one of the first glimmers of hope that the relatively new bankruptcy judge hearing the matter is not a complete shill for debtors and the trustee.  The Court followed the law to the letter and granted summary judgment.  Here! Here!
                                          

  1. Sheldon Player Caught w/$700,000 Cash in Duffle Bag

EAR Charter Case
http://www.leasingnews.org/PDF/EARCharterCase_11192014.pdf

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

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

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

 


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

Leasing Industry Help Wanted
 



Rosemont, Illinois

Billing Specialist

Leasing Experience, knowledge LeasePlus preferred,
click here for more information

  Accounts Receivable Specialist

Experienced Collector/AR Associate
click here for more information

 

 

 



STRADA Capital recently moved into its new facility and is hiring Top Sales Producers to work in our Equipment Financing and Working Capital Divisions.

High Level Performance, Collaborative Creativity, Integrity and Transparency define our Culture. The Company offers generous commission plans, industry leading support and benefits.

Email your resume to: SalesCareers@STRADAcapital.com

www.STRADAcapital.com
The Place where Professionals Prosper


 

For information on placing a help wanted ad, please click here:
http://www.leasingnews.org/Classified/Hwanted/Hwanted-post.htm 


[headlines]
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[headlines]
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Computer Based Pricing

How to maximize earnings is always an important part of the program regardless if the issue comes from a broker, a leasing company, or a funding source. So it confuses me why so many only use a calculator instead of a computer based pricing program. There are so many variables in the structure of a commercial equipment lease that a calculator cannot compute. I am sure it leaves money on the table. We sometimes call it structuring, but the real problem is how to compute the real value of all of the different twists it took to win the deal.

An example would be a lease for 60 months on $100,000 worth of equipment and a 10% yield with one payment in advance on a payment of $2,107.  If there is a buy rate of 8%, the fee would be $4,613. However, if a computer based pricing program, we could use a few additional twists to add value to the fee.

Let’s say the transaction is booked on the 15th of the month, but the payments are programed for the 1st of the month. The first payment is collected in advance, so the extra 15 days of rent must be added to the second payment. The additional $1,053.50 rent increases the value of the fee to $5,660, or just rounding the payment up to $2,110 from $2,107 increases the fee to $4,756.

Most computers can give you the value of the first and last payment in advance, but it is not easy to determine the value of a 5% security deposit. It can raise the fee from $4,613 to $6,251. It requires the security deposit to be controlled by the funding source.

If you are working with a vendor or as a lessor, you are purchasing equipment with a purchase order, ask the vendor for a small discount as it will lower the effective rate or increase your fee. An example would be a 2% discount on the $100,000, so the actual cost is $98,000. If the payment reflects the reduced cost but the assumed cost of $100,000 is used by the lessee, the new payment of $2,065 looks like a rate of 9.09% instead of 10%, or if you keep the original payment of $2,107 it increases the fee to $6,613.

There are many additional ways to structure a lease to comply with the lessee’s needs, but the question is how to price them and how to determine the value for yield purposes. The more you use a computer based pricing program like “Super Trump,” the more competitive your lease will be and you will be able to increase your earnings.

It is also impossible to price a tax motivated lease without a computer based program because of impact of the different payments on the lessor’s tax return and the value of MACRS depreciation based on the term of the lease.

To be a professional in commercial equipment leasing, you need to know how to use all the tools available to you and learn how to properly structure and price a lease.

---

I strongly recommend taking advantage of the education courses that many of the leasing and finance association offer to members, as well as working toward becoming a Certified Leasing Professional.

For more information, please go here:
http://www.clpfoundation.org/toolbox/clp_handbook.php

Mr. Terry Winders, CLP, has been a teacher, consultant, expert witness for the leasing industry for thirty years and can be reached at terrywinders11@yahoo.com or 502-649-0448.
He invites your questions and queries.

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

Mr. Terry Winders available as Expert Witness. 35 years as a professional instructor to the top equipment leasing and finance companies in the United States, 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.

Mr. Winders received his Master of Business Administration and his Bachelor of Science degrees from the College of Notre Dame.

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)

 

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

What the Marlin 3rd Quarter Press Release Did Not Include
From Form 10-Q Period Ended September 30, 2014

(Note: for sake of understanding what was left out, some of the numbers included in the press release are re-stated. The residuals,
 Evergreen clauses, fees, and other income, borrowing abilities, bring the bottom line more into perspective, and were not reported elsewhere. Editor)

Marlin business Services Corp (NASDAQ: MRLN), Mount Laurel, New Jersey

RESIDUAL PERFORMANCE
Our leases offer our end user customers the option to own the equipment at lease expiration. As of September 30, 2014, approximately 68% of our leases were one dollar purchase option leases, 31% were fair market value leases and 1% were fixed purchase option leases, the latter of which typically contain an end-of-term purchase option equal to 10% of the original equipment cost. As of September 30, 2014, there was $27.4 million of residual assets retained on our Consolidated Balance Sheet, of which $21.9 million, or 80.1%, were related to copiers (Note: Evergreen clause extensions. Editor). As of December 31, 2013, there was $28.4 million of residual assets retained on our Consolidated Balance Sheet, of which $22.7 million, or 79.8%, were related to copiers. No other group of equipment represented more than 10% of equipment residuals as of September 30, 2014 and December 31, 2013, respectively. Improvements in technology and other market changes, particularly in copiers, could adversely impact our ability to realize the recorded residual values of this equipment.

Fee income included approximately $0.9 million and $0.7 million of net residual income for the three-month periods ended September 30, 2014 and September 30, 2013, respectively. Fee income included approximately $2.2 million and $2.1 million of net residual income for the nine-month periods ended September 30, 2014 and September 30, 2013, respectively. Net residual income includes income from lease renewals and gains and losses on the realization of residual values of leased equipment disposed at the end of term as further described below.

Our leases generally include renewal provisions and many leases continue beyond their initial contractual term. Based on the Company’s experience, the amount of ultimate realization of the residual value tends to relate more to the customer’s election at the end of the lease
- page 49

During the three months ended September 30, 2014, we generated 6,130 new leases with equipment cost of $82.5 million, compared to 6,223 new leases with equipment cost of $86.1 million generated for the three months ended September 30, 2013. Sales staffing levels increased from 115 sales account executives at September 30, 2013 to 116 sales account executives at September 30, 2014. Approval rates remained stable at 65% for the quarters ended September 30, 2014 and September 30, 2013.

Overall, our average net investment in total finance receivables for the three-month period ended September 30, 2014 increased 9.5% to $608.3 million, compared to $555.4 million for the three-month period ended September 30, 2013. This change was primarily due to origination volume continuing to exceed lease repayments. The end-of-period net investment in total finance receivables at September 30, 2014 was $618.7 million, an increase of $21.6 million, or 3.6%, from $597.1 million at December 31, 2013.

Return on average assets was 2.67% for the three-month period ended September 30, 2014, compared to a return of 2.73% for the three-month period ended September 30, 2013. Return on average equity was 11.50% for the three-month period ended September 30, 2014, compared to a return of 10.32% for the three-month period ended September 30, 2013.

Net income of $4.9 million was reported for the three-month period ended September 30, 2014... compared to net income of $4.7 million ...for the three-month period ended September 30, 2013.
- page 33

At September 30, 2014, we had approximately $98.0 million of available borrowing capacity from our borrowing facility and a federal funds line of credit with a correspondent bank in addition to available cash and cash equivalents of $104.2 million. This amount excludes additional liquidity that may be provided by the issuance of insured deposits through MBB. Our debt to equity ratio was 3.14 to 1 at September 30, 2014 and 3.09 to 1 at December 31, 2013.

Net cash used in investing activities was $30.2 million for the nine-month period ended September 30, 2014, compared to net cash used in investing activities of $80.6 million for the nine-month period ended September 30, 2013. Investing activities primarily relate to leasing activities.

Net cash provided by financing activities was $22.2 million for the nine-month period ended September 30, 2014, compared to net cash provided by financing activities of $55.3 million for the nine-month period ended September 30, 2013. Financing activities include net advances and repayments on our various deposit and borrowing sources and transactions related to the Company’s common stock, such as repurchasing common stock and paying dividends.

Additional liquidity is provided by or used by our cash flow from operations. Net cash provided by operating activities was $26.5 million for the nine-month period ended September 30, 2014, compared to net cash provided by operating activities of $36.1 million for the nine-month period ended September 30, 2013.
- Page 51

 We consider renewal income a component of residual performance. Renewal income net of depreciation totaled approximately $1.1 million and $1.2 million for the three-month periods ended September 30, 2014 and September 30, 2013, respectively. Renewal income net of depreciation totaled approximately $3.4 million and $3.9 million for the nine-month periods ended September 30, 2014 and September 30, 2013, respectively. The decline in renewal income was primarily due to fewer leases reaching the end of their original contractual terms, as a result of the lower originations during the 2008 to 2011 timeframe.
- page 50

Fee income increased $0.5 million to $3.9 million for the three-month period ended September 30, 2014, compared to $3.4 million for the three-month period ended September 30, 2013. Fee income included approximately $0.9 million and $0.7 of net residual income for the three-month periods ended September 30, 2014 and September 30, 2013, respectively.

Fee income also included approximately $2.4 million in late fee income for the three-month period ended September 30, 2014, which increased 4.3% from $2.3 million for the three-month period ended September 30, 2013. The increase in late fee income was consistent with the increase in average total finance receivables.
- page 38

Insurance income. Insurance income increased $0.1 million to $1.3 million for the three-month period ended September 30, 2014 from $1.2 million for the three-month period ended September 30, 2013, primarily due to higher total finance receivables.
- page 39

Other income. Other income was $1.2 million for each of the nine-month periods ended September 30, 2014 and September 30, 2013. Other income includes various administrative transaction fees and fees received from lease syndications.
- page 46

The provision for credit losses increased $0.4 million, or 17.4%, to $2.7 million for the three-month period ended September 30, 2014 from $2.3 million for the same period in 2013, primarily due to seasoning of the portfolio and the impact of portfolio growth.
- page 34

Stockholders equity Three Months Ended September 30
                     2014              2013
 
               $170,598,000      $181,745,000  


- Page 35

 

Full Form 10-Q   Three Months Ended September 30, 2014
http://www.snl.com/Cache/25910039.pdf?IID=4089372
&FID=25910039&O=3&OSID=9

 

Companies Who Do Not Notify Lessee
regarding termination
nor have such a standard for their discounters
http://www.leasingnews.org/Pages/lease_expiration_evergreen.html



 

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

Foreign Banks See US Deposit Growth
Despite Cutting Branches in US
By Daniel M. Burkard and Tahir Ali

SNL Financial Report

The number of foreign-owned bank branches in the U.S. has continued to fall over the past year after hitting a multiyear high in 2011. As of Oct. 22, 2014, SNL counted 6,555 bank and thrift branches with an ultimate parent company headquartered outside the U.S., down from 6,864 branches on June 30, 2013. Foreign-owned bank branches represented 6.91% of all U.S. branches, down from 7.10% in June 2013.

Despite this reduction in branches, foreign banks grew U.S. deposits by $67.81 billion year over year to $946.53 billion. Foreign banks' U.S. deposit market share grew to 9.36%, up 5 basis points year over year.

Toronto-Dominion Bank is the largest foreign bank in the U.S. in terms of branches — with 1,335 — and in terms of deposits — with $199.54 billion. The company's branch count fell by only two between June 30, 2013, and Oct. 22, 2014, according to SNL's analysis. From June 30, 2013, to June 30, 2014, the company's total U.S. deposits grew by $6.73 billion. This increase in deposits was not enough to prevent the bank's U.S. market share from falling 7 basis points to 1.97%.

While much of the industry may be focused on cutting branches, Michael Pedersen, TD's group head of U.S. banking, sounded a bullish tone on U.S. branch growth during the company's 2013 fiscal fourth-quarter earnings call. He said the bank would continue to open stores in high-growth markets where it is underrepresented, such as New York City. "I'm aware that there are U.S. competitors that are closing hundreds of branches, but our situation is a bit unique [in] that we're newer and growing. Our average households per store is 3,200 versus the industry average of 1,400. So other things being equal, we're not really over-branched," Pedersen said, according to a transcript of the call. More recently, during the company's conference call for the fiscal third quarter of 2014 in August, COO Bharat Masrani reiterated that the bank continues to open new stores in the U.S.

London-based HSBC Holdings Plc grew its U.S. deposits by $9.67 billion, or 9.53%, in the 12 months ended June 30, 2014. HSBC is now the second-largest U.S. deposit holder, despite reducing its branch count by 13 branches. HSBC had only 239 U.S. branches as of Oct. 22, 2014

Royal Bank of Scotland Group Plc was second among foreign institutions by U.S. branches, despite the company trimming 151 branches from its network between June 30, 2013 and Oct. 22, 2014. In June 2014, RBS completed the sale of more than 100 Chicago-area branches to U.S. Bancorp. BNP Paribas SA trimmed its U.S. branch network by 47 branches between June 30, 2013, and Oct. 22, 2014, and its U.S. deposits increased by $4.13 billion in the 12 months ended June 30, 2014.

At a time when the Federal Reserve is increasing its regulation of large foreign banks operating within the U.S., many of the nation's top foreign players are taking steps to adapt to the new requirements.

Banco Santander SA grew its total U.S. deposits during 2014 despite reducing its U.S. branch count. The company was forced to correct deficiencies in capital planning at its U.S. subsidiary Santander Holdings USA Inc. after the Fed objected to the unit's capital plan earlier this year. "In the U.S., we will continue to grow on two fronts. First, we need to complete the franchise at Santander Bank, investing in commercial systems, service quality, adapting to regulations," Santander CEO Javier Marín Romano stated during a first-quarter earnings call April 29, according to a transcript. "[T]he Federal Reserve pointed out some deficiencies, organizational deficiencies in our capital plan which are in the process [of being] solved."

 

 

[headlines]
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“Updating Your LinkedIn Profile’s Title/Heading”
Career Crossroad---By Emily Fitzpatrick/RII

Your LinkedIn profile is a “living document” and should be updated regularly with new activities and information. Many Candidates do not know how to update/make changes to their profile. Here are some tips on updating/ changing your Profile’s Heading…the most important section. Before you begin updating your LinkedIn Profile, turn off your Activity Broadcasts to ensure that your current connections are not notified of changes you are making to your profile. This is important, as you may automatically be noted as a “new position” and sent out to all on your main list.

1) On the main menu, click on the thumbnail of your profile photo (which appears at the very top right of your profile, on the main menu bar)
2) From the drop-down menu, click on the blue “Review” link next to “Privacy & Settings”
3) On the “Privacy & Settings” page, click on the blue link for “Turn on/off your activity broadcasts” under the “Privacy Controls” section

Now that the Activity Broadcast is off, it’s time to edit your profile. Under the Profile menu, choose “Edit Profile”


Name Field

¨No change necessary to Name field
¨Update your Name field to comply with LinkedIn’s policies

1) If you need to update your Name field, click on the blue pencil next to your Name

Headline
Your headline is limited to 120 characters and can include special characters

1) Click on the blue pencil under your Name (next to your current Headline) to edit your Headline Country: (Optional)/Postal Code:(Optional) this will trigger Location/Industry (required): The Industry field is an important keyword for searchessochoose an industry that represents you well’ 

Edit URL

By default, LinkedIn assigns you a URL with random numbers and letters
1) Customize your URL by selecting the “Profile” menu from the navigation bar - Click “Edit Profile” from the drop-down menu
2) Click the “Edit” box next to the existing URL - This will take you to a “Public Profile” page that allows you to control how your profile appears to the public - On the right-hand side of the page you can customize your Public

Profile URL

3) Click on the blue link for “Customize your public profile URL”

Contact RII, for more information and tips on updating your LinkedIn Profile

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

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

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

$240,990 Toner Cartridge Fraud

Mail Room Worker Failed to Report Income
from Toner Cartridges
He Stole

Los Angeles – A resident of South Gate, California, who formerly worked for Ikon Office Solutions West, Inc., a provider of office supplies and related services, pleaded guilty today to making a false statement on his 2009 tax return.

Eduardo C. Partida, 42, entered his guilty plea in federal court before United States District Judge Philip S. Gutierrez.  Partida pled guilty to a one-count information charging him with subscribing to a false 2009 tax return.

According to the plea agreement, while working for Ikon Office Solutions during the years 2005-2009, Partida was assigned to work at the Hilton Worldwide business office in Beverly Hills.  Partida worked in the mail room of the Hilton business office and his duties included ordering office supplies, handling shipping and receiving, and fixing office machines.

Beginning as early as November 2005, Partida misappropriated toner cartridges from the Hilton business office and sold them for personal profit.  Partida was paid by checks for the misappropriated toner cartridges and deposited the checks into one of three bank accounts held in his name.  Partida used the proceeds from the checks to pay for personal and family expenses.

As a result of the misappropriated toner cartridges, Partida admitted that he received unreported income totaling approximately $240,990 for the calendar years 2005, 2006, 2007, 2008, and 2009 resulting in a tax loss to the government of at least $49,000.  The specific count to which Partida pleaded guilty resulted in unreported income for the 2009 tax year of approximately $14,600 and a tax loss of $2,235.

Partida is scheduled to be sentenced by Judge Philip S. Gutierrez on February 23, 2015. The statutory maximum sentence he can receive is three years imprisonment and a fine of $250,000.  In addition, Partida may be ordered to pay restitution to the government.

The investigation and prosecution of Partida was conducted by IRS Criminal Investigation and the Federal Bureau of Investigation in conjunction with the United States Attorney’s Office for the Central District of California.



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

ICBA Statement on FDIC Report on Unbanked & Underbanked

Washington, D.C. —Independent Community Bankers of America® (ICBA) President and CEO Camden R. Fine released this statement on an FDIC study  that found the proportion of unbanked households declined from 2011 to 2013.


Camden R. Fine
ICBA President/CEO

“ICBA and the nation’s community bankers are pleased to see the rate of unbanked households decline by an estimated 1.5 million people and half a million households. Community banks are committed to serving unbanked and underbanked households, such as by offering affordable small-dollar deposit and loan products with low interest rates and low or no origination fees.

“The community banking industry also continues working to improve their available products and services for existing and potential customers. Last year’s ICBA Community Bank Payments Survey found that the number of community banks offering mobile payments increased 23 percent from 2011, reflecting the continuously improving availability of community bank products and services.

“ICBA and community bankers welcome opportunities to serve new, existing and potential customers. Meanwhile, we continue to support effective and voluntary financial education to protect consumers, foster financial stability and benefit individuals, underserved communities, and our nation as a whole.”

About ICBA
The Independent Community Bankers of America®, the nation’s voice for more than 6,500 community banks of all sizes and charter types, is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education and high-quality products and services. For more information, visit www.icba.org.


John Kenny
Receivables Management

• End of Lease Negotiations & Enforcement 
• Fraud Investigations
• Credit Investigations • Asset Searches 
• Skip-tracing • Third-party Commercial Collections

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


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


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

Age 18 to 30 Optimistic Job Opportunities
Federal Reserve System Report

In the Shadow of the Great Recession: Experiences and Perspectives of Young Workers, takes an in-depth look at the experiences and aspirations of young adults entering the workforce. Despite a changing labor market that is recovering slowly from the recession, many young adults remain optimistic about their job future. The survey found that 45 percent of respondents are optimistic about future employment opportunities compared to 21 percent who are pessimistic and 34 percent who are not sure. Respondents with higher levels of education, work experience, and job opportunities were more likely to be optimistic about their job future than respondents who lack such skills and experiences.

The survey results show that young workers are responding to the labor market's increasing demand for postsecondary credentials and degrees. Thirty-seven percent of the respondents reported that they have the level of education and training needed for the type of job they would like to hold in the next five years. The respondents' confidence in their education increased with each level of attainment. In addition, nearly one-third of the total respondents are currently enrolled in an education or training program. Nonstudents who are interested in additional education named financial considerations as their top barriers to enrollment.

Despite the importance of education and work experience, intangibles still play a role in the labor market. According to the survey results, finding a job is still heavily based on personal connections. Respondents identified personal networks as a primary source in their job search process.

The survey found that young workers value job stability. When given the choice, respondents generally preferred steady employment (67 percent) to higher pay (30 percent). Jobs that are permanent and full-time are associated with "careers" and upward mobility, while opportunities associated with part-time and temporary work are less clear.

A live stream discussion of this report will take place at 2 p.m. EST on Wednesday, November 19. The discussion can be viewed at http://www.ustream.tv/federalreserve

60 Page report:
http://www.federalreserve.gov/econresdata/2013-experiences-and-perspectives-of-young-workers-201411.pdf

### Press Report ###############################

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Retriever/Terrier
Tampa, Florida  Adopt-a-Dog

Animal ID   22704882
Rigo
Breed: Retriever/Terrier
Age: 8 months 6 days
Sex: Male
Size: Large
Color: Black/White
Neutered
Declawed: No
Housetrained: Yes

Site: Humane Society of Tampa Bay
Location: Animal Intake Building
Intake Date: 11/6/2014
Adoption Price: $75.00

Humane Society of Tampa Bay
SHELTER LOCATION     ADOPTION HOURS
3607 N Armenia Ave    Mon-Fri: 12-7:00pm
Tampa, FL 33607 Sat-Sun: 10-5:00pm
813.876.7138
adopt@humanesocietytampa.org


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

 

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More on Warren Clayton Stephens
Former NFL Football Player

 


Clay Stephens, playing for Notre Dame. (Courtesy photo)

"He graduated from Junípero Serra High School and went on to Norte Dame, where he played on the football team as both a defensive end and tight end.

"Stephens flirted with the NFL. He was drafted by the Kansas City Chiefs in 1964 and traded to the Dallas Cowboys. Before the season started, he approached head coach Tom Landry and asked if he thought he should stay with the team or go to graduate school."

(Full Story)

Clay Stephens, local financier and philanthropist, dies at 72
http://www.pressdemocrat.com/news/local/3109212-181/clay-stephens-local-financier-and

Obituary
Marin Independent Journal

A private family memorial service will be held on November 22nd, 2014. In lieu of flowers, Memorial donations to: Millicent Wynne Stephens Scholarship at Cardinal Newman, Santa Rosa, CA; University of Notre Dame, South Bend, IN; Serra High School, San Mateo, CA.
http://www.legacy.com/obituaries/marinij/obituary.aspx?n=warren-clayton-stephens&pid=173182785

 

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Attorneys Who Specialize in 
Banking, Finance, and Leasing

Birmingham, Alabama
The lawyers of Marks & Associates, P.C. have over 30 years experience in dealing with virtually every type of equipment financing and are recognized throughout the industry for prompt, practical solutions and exemplary service. They offer cost-conscious, effective lease enforcement and good counsel. 
Email: Barry@leaselawyer.com
Website: www.leaselawyers.com
California, National: city: Riverside 
Ellen Stern - get results, reasonable pricing; numerous industry contacts, nearly 30 yrs exp.in SoCal, 20 yrs equip.: CFL license specialist, documentation, work-outs, litigated collections, recoveries; deal-maker. 
Email: leaselaw@msn.com

Kenneth C. Greene




California & Nevada
Leasing and Financial consultant, active in several leasing
associations, as well as involved in music and film productioncin LA.  Mention "Leasing News" for a free consultation.
818.575.9095
Skype: 424.235.1658
ken@kengreenelaw.com
Connecticut, Southern New England: 
EVANS, FELDMAN & BOYER, LLC Collections, litigation, documentation, portfolio sales and financing, bankruptcy. We represent many of the national and local leasing companies doing business in this state. Past chairman EAEL legal committee. Competitive rates. 
email: rcfeldman@snet.net  
Los Angeles/Santa Monica
Hemar & Associates, Attorneys at Law
Specialists in legal assistance, including debt collection, equipment recovery, litigation for 35 years. Fluent in Spanish. 
Tel: 310-829-1948 
email: phemar@hemar.com
 
Los Angeles, Southern CA 
Seasoned attorney representing secured creditors in auto finance and truck/equipment lease industry.  Bankruptcy and State Court litigation.   Vincent V. Frounjian (818) 990-0605or email: vvf@pacbell.net.

Encino, California: Statewide “ELFA” 
Hemar, Rousso & Heald, LLP 30 yr excellent reputation Lessor representation commercial litigationdebt collection, and bankruptcy.
Call Stephen E. Jenkins Esq (818) 501-3800

Los Angeles, Statewide: CA.     "ELFA" Aggressive creditors rights law firm specializing in equipment leasing handling collection matters on a contingency, fixed fee or hourly cbasis. email:RGarwacki@prodigy.net 

Los Angeles, Statewide: CA      "ELFA"
Practice limited to collections, bankruptcy and problem accounts resolution. Decades of experience. 10-lawyer firm dedicated to serving you. Call Ronald Cohn, Esq. (818)591-2121 or email. Email: rrcohn@aol.com   


Los Angeles- Statewide, CA
Lawyer specializing in banking and leasing issues statewide. Documents and litigation. 
Tom McCurnin, Barton, Klugman & Oetting. Voice: (213) 617-6129 
Cell:(213) 268-8291
Email: 
tmccurnin@bkolaw.com
California & National
Paul Bent – More than 35 years experience in all forms of equipment leasing, secured lending, and asset based transactions. Financial analysis, deal structuring, contract negotiations, documentation, private dispute resolution, expert witness services. (562) 426-1000.
www.paulbentlaw.com

Illinois
Trabaris, P.C.: Finance attorney with 24 years’ experience with transactional, documentation, secured financing and workouts/restructurings.  Kevin Trabaris.  Phone:  847-205-4377.  Email:kevin@trabaris.com

Website: www.trabaris.com.  
Blog trabaris.com/info/blog/

Law Firm - Service, Dallas, TX. "ELFA"
Mayer regularly practices in leasing, secured financing, project development and finance and corporate finance. 
email: dmayer@pattonboggs.com
Website: 
www.pattonboggs.com
Massachusetts (collection/litigation coast to coast) 
Modern Law Group focuses its practice on collections, lease enforcement and asset recovery. For the past five years, our attorneys have helped clients recover millions of dollars. We are able to cover your needs coast to coast.
Email
 phone 617-855-9085www.modernlawgroup.com

Michael J. Witt, experienced bank, finance, and leasing attorney, also conducts Portfolio Audits. Previously he was Managing Counsel, Wells Fargo & Co. (May, 2003 – September, 2008); Senior Vice President & General Counsel, Advanta Business Services (May, 1988 – June, 1997) Tel: (515) 223-2352 Cell: (515) 868-1067
E-mail: witt-legal@outlook.com 
Web: www.witt-legal.com

National:  The OMEGA Network Group-nationwide legal representation of small and mid ticket equipment lessors-flat fee bankruptcy & replevin, contingent collection, 
billable litigation (704-969-3280)
tong_92@yahoo.com

National: Coston & Rademacher: Business attorneys serving the lease-finance industry since 1980. Transactional, documentation, corporate/finance, workouts, litigation, bankruptcy, portfolio management. Chicago-based national practice. Jim Coston, CLP (Members: ELFA, NEFA). 
email: Jcoston@costonlaw.com
Website:www.costonlaw.com

St. Louis County , MO. - statewide: 
Schultz & Associates LLP., collections, negotiation, and litigation. Also register and pursue recovery on foreign judgments. Contingency and reasonable hourly rates. 
Ronald J. Eisenberg, Esq.
(636) 537-4645 x108 
reisenberg@sl-lawyers.com
www.sl-lawyers.com
NJ,De,Pa: Specializing in leased equipment/secured transactions. Collections, replevins/workouts reasonable rates. Sergio Scuteri/Capehart & Scratchard, PAsscuteri@capehart.com / www.capehart.com
New York and New Jersey
Peretore & Peretore, P.C. documentation, portfolio purchase & sale, replevin, workouts, litigation, collection, bankruptcy.  Aggressive. Over 25 years experience.www.peretore.com

Thousand Oaks, California: 
Statewide coverage Spiwak & Iezza, LLP 20+ years experience,Representing Lessors banks in both State/ Federal Courts/ all aspects of commercial leasing litigation.
Nick Iezza 805-777-1175
niezza@spiwakandiezza.com

 


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News Briefs----

Snow way! U.S. 'hammered' by freak freeze, whiteout
http://www.usatoday.com/story/weather/2014/11/18/weather-cold-lake-effect-snow/19212987/

50 Percent of the Contiguous U.S. Now Covered in Snow After Bozeman, Astro, Lake Effect Snow
http://www.weather.com/news/weather-winter/us-snow-cover-bozeman-astro-20141117

Senate Narrowly Defeats Keystone XL Pipeline
http://www.nytimes.com/2014/11/19/us/politics/keystone-xl-pipeline.html?emc=edit_na_20141118&nlid=31282772&_r=0

Here's What It Costs To Open A McDonald's Restaurant
http://finance.yahoo.com/news/heres-costs-open-mcdonalds-restaurant-142630479.html

Recovery payments up to $10 billion for Madoff victims
http://nypost.com/2014/11/17/recovery-payments-up-to-10-billion-for-madoff-victims/




STRADA Capital recently moved into its new facility and is hiring Top Sales Producers to work in our Equipment Financing and Working Capital Divisions.

High Level Performance, Collaborative Creativity, Integrity and Transparency define our Culture. The Company offers generous commission plans, industry leading support and benefits.

Email your resume to: SalesCareers@STRADAcapital.com

www.STRADAcapital.com
The Place where Professionals Prosper



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--You May Have Missed It

Corporate Tax Is Smallest Source of U.S. Tax Revenue, Study Finds
http://ww2.cfo.com/tax/2014/11/corporate-tax-smallest-source-u-s-tax-revenue-study-finds/



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SparkPeople--Live Healthier and Longer



Healthy Beverage Guidelines
http://www.sparkpeople.com/resource/nutrition_articles.asp?id=605


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Winter Poem

SEE IT THROUGH

by Edgar A. Guest (1881-1959)

When you're up against a trouble, Meet it squarely, face to face; Lift your chin and set your shoulders, Plant your feet and take a brace. When it's vain to try to dodge it, Do the best that you can do; You may fail, but you may conquer, See it through!

Black may be the clouds about you And your future may seem grim, But don't let your nerve desert you; Keep yourself in fighting trim. If the worst is bound to happen, Spite of all that you can do, Running from it will not save you, See it through!

Even hope may seem but futile, When with troubles you're beset, But remember you are facing Just what other men have met. You may fail, but fall still fighting; Don't give up, whate'er you do; Eyes front, head high to the finish. See it through!

Edgar A Guest, often referred to as the common man's poet, was a staff writer for the Detroit News (Michigan) and had his poetry published in the paper for many years.


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Sports Briefs----

Adrian Peterson suspended without pay rest of season, loses grievance
http://www.usatoday.com/story/sports/nfl/vikings/2014/11/18/adrian-peterson-suspension-season/19212909/

Kawakami: 49ers flourishing despite crises
http://www.contracostatimes.com/tim-kawakami/ci_26963536/kawakami-49ers-flourishing-despite-crises

 

((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)


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California Nuts Briefs---


California’s illegal immigrant population drops, still largest
http://www.sacbee.com/news/politics-government/capitol-alert/article3999037.html

Massive starfish die-off in Pacific Ocean linked to mystery virus
http://www.marinij.com/ci_26954958/massive-starfish-die-off-pacific-ocean-linked-mystery


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“Gimme that Wine”

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

Man behind Yellow Tail wines charged over his alleged involvement in a major drug syndicate
http://www.smh.com.au/nsw/man-behind-yellow-tail-wines-charged-over-his-alleged-involvement-in-a-major-drug-syndicate-20141112-11l9qy.html

Fact-Checking Some Viticulture Myths
http://www.growingproduce.com/fruits/grapes/fact-checking-some-viticulture-myths/

Announcing Wine Enthusiast's 2014 Wine Star Award Winners
http://www.winemag.com/Web-2014/Announcing-Wine-Enthusiasts-2014-Wine-Star-Award-Winners/

The Surprising Things a Master Sommelier Can Teach You About Wine
http://www.forbes.com/sites/jennguyen/2014/11/17/the-surprising-things-a-master-sommelier-can-teach-you-about-wine/

 

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


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

This Day in American History

     1493 – Christopher Columbus went ashore on an island he first saw the day before. He named it San Juan Bautista (later renamed Puerto Rico).  It was his second voyage to the New World and he never set foot on the mainland of what today is the United States. He was a major slave trader of the times, committing genocide, bringing tobacco to addict Europe (a crop unknown before its discovery in the New World.) Contrary to published reports, the world was known to the general population to be round, there was an easy sail at the time of the year to the Bahamas, and he died a rich man from all the commissions he received from the many voyages to plunder the islands he discovered. (See two books by James W. Loewen, “The Truth about Columbus,” and “Lies My Teacher Told Me.”)
    1620 - The Pilgrims reached Cape Cod. Mariner Bartholomew Gosnold (1572-1607) sailed the New England coast in 1602, naming things as he went.  When the Pilgrims first set foot in the New World in November 1620, it was at the site of Provincetown, at the tip of Cape Cod. They rested only long enough to draw up rules of governance (the Mayflower Compact) before setting sail westward in search of a more congenial place for their settlement, which they found at Plymouth. Later settlers stayed on the Cape, founding fishing villages along the coasts. The fishing industry drew boat builders and salt makers. Soon there were farmers working the cranberry bogs as well, and whaling ships bringing home rich cargoes of oil and whalebone. 
    1752 - Birthday of George Rogers Clark, American soldier and frontiersman, born at Albermarle County, VA.  Clark was the highest ranking American military officer on the northwestern frontier during the Revolutionary War.  His brother, William, was with Merriweather Lewis on the Lewis & Clark Expedition.  Died at Louisville, KY, Feb. 13, 1818.
    1794 - Britain's King George III signed the Jay Treaty, finally resolving issues remaining from the Revolutionary War.
    1831 - Birthday of James Garfield, twentieth president of the US (and the first left-handed president), at Orange, OH. Term of office: Mar 4—Sept 19, 1881. While walking into the Washington, DC, railway station on the morning of July 2, 1881, Garfield was shot by disappointed office seeker Charles J. Guiteau. He survived, in very weak condition, until Sept 19, 1881, when he succumbed to blood poisoning at Elberon, NJ, where he had been taken for recuperation. Guiteau was tried, convicted and hanged at the jail at Washington, June 30, 1882.
    1847 - Mary Anna Hallock Foote illustrated and wrote of life in mining towns and California.
http://askart.com/Biography.asp
http://members.tripod.com/~ntgen/bw/ha_notable.html#Mary
    1850 - The first life insurance policy for a woman was issued. Carolyn Ingraham, 36 years old, bought the policy in Madison, NJ.
    1861 - Julia Ward Howe wrote the "Battle Hymn of the Republic".
    1862 - Birthday of evangelist Billy Sunday. A little known fact:  Sunday was a major league outfielder in the 1880s before leaving the game to become an evangelist. Died at Chicago, IL, Nov 6, 1935.
    1863 - Seventeen acres of the battlefield at Gettysburg, PA, were dedicated as a national cemetery. Noted orator Edward Everett spoke for two hours.  The Gettysburg Address that Lincoln delivered in less than two minutes was later recognized as one of the most eloquent of the English language. Five manuscript copies in Lincoln’s hand survive, including the rough draft begun in ink at the Executive Mansion at Washington and concluded in pencil at Gettysburg on the morning of the dedication.  It is kept at the Library of Congress.
http://memory.loc.gov/ammem/today/nov19.html
    1868 - Testing the wording of the 14th Amendment that says “no State shall make or enforce any law which shall abridge the privileges or immunities of citizens of the United States,” 172 New Jersey suffragists, including four black women, attempted to vote in the presidential election. Denied, they cast their votes instead into a women’s ballot box overseen by 84-year-old Quaker, Margaret Pryer.
    1874 - William Marcy "Boss" Tweed, of Tammany Hall in NYC, was convicted on 204 counts of defrauding the city of $12M, sentenced to 12 years' imprisonment. Estimates of the total sum Tweed swindled from City Treasury range up to $200 million.
http://7-12educators.about.com/blabosstweed.htm
http://www.cmsu.edu/cj/boss.htm
    1874 - Developed out of the Women’s Temperance Crusade of 1873, the Women’s Christian Temperance Union was organized at Cleveland, OH. The Crusade had swept through 23 states with women going into saloons to sing hymns, pray and ask saloonkeepers to stop selling liquor. Today, the temperance group, headquartered at Evanston, IL, includes more than a million members with chapters in 72 countries and continues to be concerned with educating people on the potential dangers of the use of alcohol, narcotics and tobacco.
    1883 - The United States Uniform Time Zone Plan (4 zones of 15 degrees) is put into operation.  "Despite all the good scientific and military arguments for world time, it was the railroad companies and not the government that were the first to institute it. Around 1870, if a traveler from Washington to San Francisco set his watch in every town he passed through, he would set it over two hundred times."  --- Stephen Kern, The Culture Of Time Space.
    1885 - Birthday of Haldor Lillenas, American hymn writer. He penned nearly 4,000 Gospel texts and hymn tunes during his lifetime, including "It Is Glory Just to Walk With Him”, "Wonderful Grace of Jesus" and "Peace, Peace, Wonderful Peace."
    1889 – Clifton Webb’s birthday, born Webb Parmalee Hollenbeck in Indianapolis.  Actor, dancer, and singer known for his Oscar-nominated roles in such films as “Laura”, “The Razor’s Edge”, and “Sitting Pretty”.  Webb died in Beverly Hills in 1966.
    1893 - The first newspaper color supplement was published in the Sunday New York World.    
    1895 - Frederick E. Blaisdell patents the pencil
    1903 – Carrie Nation attempts to address the US Senate on the evils of alcohol.  An American woman who was a radical member of the temperance movement, which opposed alcohol before the advent of Prohibition, she is particularly noteworthy for attacking the property of alcohol-serving establishments (most often taverns) with a hatchet.
    1905 - Birthday of trombone player/band leader Tommy Dorsey at Shenandoah, PA.   
http://www.redhotjazz.com/tommy.html
http://www.tommydorseyorchestra.org/
    1908 - Birthday of trombone player Keg Johnson, Dallas, TX
http://www.artistdirect.com/music/artist/bio/0,,
449858,00.html?artist=Keg+Johnson
    1909 – Peter Drucker’s birthday in Vienna, Austria.  A management consultant, educator, and author, whose writings contributed to the philosophical and practical foundations of the modern business corporation, he was also a leader in the development of management education.  He invented the concept known as management by objectives and he has been described as "the founder of modern management".  Drucker died in 2005 in Claremont, CA.
    1911 - New York receives the first Marconi wireless transmission from Italy
    1915 – International Workers of the World (IWW) Labor organizer, folk-poet Joe Hill was murdered by firing squad in Utah. The subject of numerous songs, plays, and books, some of his songs have been available continuously in the IWW's "Little Red Song Book," now in its 36th edition. Hill was convicted of killing a grocer and his son, even though the bullets were not from Hill's revolver and no one identified him as the murderer. His last words:
"Don't mourn, organize!"
Poet Alfred Hays wrote a ballad in Hill's memory:
"I dreamed I saw Joe Hill last night,
Alive as you and me.
Says I, 'But Joe you're ten years dead,'
'I never died,' says he." Hill became a martyr upon his execution. Efforts by President Woodrow Wilson, the government of Sweden, and many prominent Americans to get him a new trial had failed. Utah Phillips has recorded Joe Hill's songs, some downloadable at  http://hillstrom.iww.org/music/Utah_Phillips/
See: Smith, Gibbs M., Labor Martyr: Joe Hill (1972). (Grolier Electronic Publishing, Inc., 1995 Encyclopedia) Only hours before facing the firing squad labor organizer Joe Hill composed his "Last Will":
“My will is easy to decide,
For there is nothing to divide.
My kin don't need to fuss & moan
Moss does not cling to a rolling stone.
My body - Oh! - if I could choose,
I would to ashes it reduce,
& let the merry breezes blow
My dust to where some flowers grow.
Perhaps some fading flower then
Would come to life & bloom again.
This is my Last & Final Will.
Good luck to all of you,”
— Joe Hill
http://hillstrom.iww.org/joehill.html
http://www.pbs.org/joehill/story/
http://iww.org/
    1916 – Samuel Goldwyn and Edgar Selwyn established Goldwyn Pictures.
    1919 - The Senate rejected the Treaty of Versailles by a vote of 55 in favor to 39 against, short of the two-thirds majority needed for ratification.
    1921 - Birthday of Roy Campanella at Philadelphia, PA.  One of the first black major leaguers and a star of one of baseball’s greatest teams, the Brooklyn Dodgers’ “Boys of Summer,” Campy, as he was often called, was named the National League MVP three times in his 10 years of play, in 1951, 1953 and 1955. Campanella had his highest batting average in 1951 (.325) and in 1953, he established three single-season records for a catcher— most putouts (807), most home runs (41) and most runs batted in (142)—as well as having a batting average of .312. His career was cut short on Jan 28, 1958, when an automobile accident left him paralyzed. Campy gained even more fame after his accident as an inspiration and spokesman for the handicapped. He was named to the Baseball Hall of Fame in 1969. Roy Campanella died June 26, 1993, at Woodland Hills, CA.
    1921 - The Columbia Gorge ice storm finally came to an end. In Oregon, 54 inches of snow, sleet and glaze blocked the Columbia River Highway at The Dalles. Apart from traffic on the river itself, all transportation between Walla Walla, WA and Portland, OR came to a halt. Nine trains were stopped as railroads were blocked for several days.
    1928 – Time magazine presented its cover in color for the first time. The subject was Japanese Emperor Hirohito.
    1932 - Joe Kershalla scores 71 points in a college football game
    1933 – Larry King’s birthday.  Born Lawrence Leibel Harvey Zeiger in Brooklyn, King is a television and radio host, actor, voice artist, and comedian whose work has been recognized with awards including two Peabodys and 10 Cable ACE Awards.  From 1985 to 2010, he hosted the highly-rated, nightly interview television program “Larry King Live” on CNN. He currently hosts “Larry King Now” on Hulu and RT America Monday, Tuesday, Wednesday, and Friday evenings. He also hosts "Politicking with Larry King," a weekly political talk show Thursday evenings on RT America.
    1934 - Chick Webb Band records “Blue Lou” and “Don’t Be that Way.”
    1935 –Jack Welch’s birthday at Peabody, MA.  He was chairman and CEO of GE between 1981 and 2001. During his tenure at GE, the company's value rose 4000%.
    1936 – Dick Cavett was born at Gibbon, NE.  After a brief stint as a comedy writer for the likes of Jack Paar, Johnny Carson and Jerry Lewis, Cavett had his own late-night talk show, “The Dick Cavett Show” for several networks through 1996.  Cavett has been nominated for at least 10 Emmy Awards and has won three.
    1938 – Cable pioneer, media mogul and philanthropist Ted Turner was born in Cincinnati.  Clearly a game-changer, he founded CNN, the first 24-hour cable news channel, and WTBS, which pioneered the superstation concept in cable television. As a philanthropist, he gave a $1 billion gift to support the UN, which created the United Nations Foundation, a public charity to broaden support for the UN. Turner's media empire began with his father's billboard business, which he took over at 24 after his father's suicide.   The business, Turner Outdoor Advertising, was worth $1 million when Turner took it over in 1963 (roughly $7.7 million in present day terms). The purchase of an Atlanta UHF station in 1970 began the Turner Broadcasting System.  CNN revolutionized news media and spurred rapid growth in cable television properties, breaking the stronghold of the big three broadcasting networks NBC, CBS, and ABC.   His franchises have expanded to MGM, TNT, TCM, and others that led to a merger combining Turner into Time Warner in 1996.  Additionally, TBS purchased the Atlanta Braves baseball team and the NBA Atlanta Hawks, both in 1976.  While the Hawks remains an also-ran, under his watch, the Braves have been turned into one of baseball’s consistently-competitive teams, winning NL East pennants in 14 consecutive years beginning 1991, a Major League record. 
    1942 – Fashion designer Calvin Klein was born in The Bronx.
    1942 - FOSS, JOSEPH JACOB, Medal of Honor.
Rank and organization: Captain, U.S. Marine Corps Reserve, Marine Fighting Squadron 121, 1st Marine Aircraft Wing. Place and date: Over Guadalcanal, 9 October to 19 November 1942, 15 and 23 January 1943. Entered service at: South Dakota. Born: 17 April 1 915, Sioux Falls, S. Dakota. Citation: For outstanding heroism and courage above and beyond the call of duty as executive officer of Marine Fighting Squadron 121, 1st Marine Aircraft Wing, at Guadalcanal. Engaging in almost daily combat with the enemy from 9 October to 19 November 1942, Capt. Foss personally shot down 23 Japanese planes and damaged others so severely that their destruction was extremely probable. In addition, during this period, he successfully led a large number of escort missions, skillfully covering reconnaissance, bombing, and photographic planes as well as surface craft. On 15 January 1943, he added 3 more enemy planes to his already brilliant successes for a record of aerial combat achievement unsurpassed in this war. Boldly searching out an approaching enemy force on 25 January, Capt. Foss led his 8 F-4F Marine planes and 4 Army P-38's into action and, undaunted by tremendously superior numbers, intercepted and struck with such force that 4 Japanese fighters were shot down and the bombers were turned back without releasing a single bomb. His remarkable flying skill, inspiring leadership, and indomitable fighting spirit were distinctive factors in the defense of strategic American positions on Guadalcanal. 
He was the leading fighter ace of the US Marines Corps in World War II.  Foss was elected as the first commissioner of the American Football League in 1960.  Foss died in Scottsdale, AZ in 2003.
    1943 - CROMWELL, JOHN PHILIP Medal of Honor
Rank and organization: Captain, U.S. Navy. Born: 11 September 1901, Henry, Ill. Appointed from: Illinois. Other Navy award: Legion of Merit. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty as Commander of a Submarine Coordinated Attack Group with Flag in the U.S.S. Sculpin, during the 9th War Patrol of that vessel in enemy-controlled waters off Truk Island, 19 November 1943. Undertaking this patrol prior to the launching of our first large-scale offensive in the Pacific, Capt. Cromwell, alone of the entire Task Group, possessed secret intelligence information of our submarine strategy and tactics, scheduled Fleet movements and specific attack plans. Constantly vigilant and precise in carrying out his secret orders, he moved his undersea flotilla inexorably forward despite savage opposition and established a line of submarines to southeastward of the main Japanese stronghold at Truk. Cool and undaunted as the submarine, rocked and battered by Japanese depth charges, sustained terrific battle damage and sank to an excessive depth, he authorized the Sculpin to surface and engage the enemy in a gunfight, thereby providing an opportunity for the crew to abandon ship. Determined to sacrifice himself rather than risk capture and subsequent danger of revealing plans under Japanese torture or use of drugs, he stoically remained aboard the mortally wounded vessel as she plunged to her death. Preserving the security of his mission, at the cost of his own life, he had served his country as he had served the Navy, with deep integrity and an uncompromising devotion to duty. His great moral courage in the face of certain death adds new luster to the traditions of the U.S. Naval Service. He gallantly gave his life for his country.
    1943 - Stan Kenton records his theme, “Artistry in Rhythm” (Capital 159)
  http://www.artistdirect.com/store/artist/album/0,,113753,00.html
http://www.amazon.com/exec/obidos/ASIN/B00004THEJ/inktomi-
musicasin-20/ref%3Dnosim/104-3191958-8595946

    1944 - Looking for ways to fund World War II, President Franklin D. Roosevelt announced the 6th War Loan Drive on this day. The Loan Drive flooded the market with war bonds intended to meet Roosevelt's goals of "immediately" raising $14 billion for the war.
    1944 - McGRAW, FRANCIS X., Medal of Honor.
Rank and organization: Private First Class, U.S. Army, Company H, 26th Infantry, 1st Infantry Division. Place and date: Near Schevenhutte, Germany, 19 November 1944. Entered service at: Camden, N.J. Birth: Philadelphia, Pa. G.O. No.: 92, 25 October 1945. Citation: He manned a heavy machinegun emplaced in a foxhole near Schevenhutte, Germany, on 19 November 1944, when the enemy launched a fierce counterattack. Braving an intense hour-long preparatory barrage, he maintained his stand and poured deadly accurate fire into the advancing foot troops until they faltered and came to a halt. The hostile forces brought up a machinegun in an effort to dislodge him but were frustrated when he lifted his gun to an exposed but advantageous position atop a log, courageously stood up in his foxhole and knocked out the enemy weapon. A rocket blasted his gun from position, but he retrieved it and continued firing. He silenced a second machinegun and then made repeated trips over fire-swept terrain to replenish his ammunition supply. Wounded painfully in this dangerous task, he disregarded his injury and hurried back to his post, where his weapon was showered with mud when another rocket barely missed him. In the midst of the battle, with enemy troops taking advantage of his predicament to press forward, he calmly cleaned his gun, put it back into action and drove off the attackers. He continued to fire until his ammunition was expended, when, with a fierce desire to close with the enemy, he picked up a carbine, killed 1 enemy soldier, wounded another and engaged in a desperate firefight with a third until he was mortally wounded by a burst from a machine pistol. The extraordinary heroism and intrepidity displayed by Pvt. McGraw inspired his comrades to great efforts and was a major factor in repulsing the enemy attack.
    1944 - MILLER, ANDREW, Medal of Honor.
Rank and organization: Staff Sergeant, U.S. Army, Company G, 377th Infantry, 95th Infantry Division. Place and date: From Woippy, France, through Metz to Kerprich Hemmersdorf, Germany, 1629 November 1944. Entered service at: Two Rivers, Wis. Birth: Manitowoc, Wis. G.O. No.: 74, 1 September 1945. Citation: For performing a series of heroic deeds from 1629 November 1944, during his company's relentless drive from Woippy, France, through Metz to Kerprich Hemmersdorf, Germany. As he led a rifle squad on 16 November at Woippy, a crossfire from enemy machineguns pinned down his unit. Ordering his men to remain under cover, he went forward alone, entered a building housing 1 of the guns and forced S Germans to surrender at bayonet point. He then took the second gun single-handedly by hurling grenades into the enemy position, killing 2, wounding 3 more, and taking 2 additional prisoners. At the outskirts of Metz the next day, when his platoon, confused by heavy explosions and the withdrawal of friendly tanks, retired, he fearlessly remained behind armed with an automatic rifle and exchanged bursts with a German machinegun until he silenced the enemy weapon. His quick action in covering his comrades gave the platoon time to regroup and carry on the fight. On 19 November S/Sgt. Miller led an attack on large enemy barracks. Covered by his squad, he crawled to a barracks window, climbed in and captured 6 riflemen occupying the room. His men, and then the entire company, followed through the window, scoured the building, and took 75 prisoners. S/Sgt. Miller volunteered, with 3 comrades, to capture Gestapo officers who were preventing the surrender of German troops in another building. He ran a gauntlet of machinegun fire and was lifted through a window. Inside, he found himself covered by a machine pistol, but he persuaded the 4 Gestapo agents confronting him to surrender. Early the next morning, when strong hostile forces punished his company with heavy fire, S/Sgt. Miller assumed the task of destroying a well-placed machinegun. He was knocked down by a rifle grenade as he climbed an open stairway in a house, but pressed on with a bazooka to find an advantageous spot from which to launch his rocket. He discovered that he could fire only from the roof, a position where he would draw tremendous enemy fire. Facing the risk, he moved into the open, coolly took aim and scored a direct hit on the hostile emplacement, wreaking such havoc that the enemy troops became completely demoralized and began surrendering by the score. The following day, in Metz, he captured 12 more prisoners and silenced an enemy machinegun after volunteering for a hazardous mission in advance of his company's position. On 29 November, as Company G climbed a hill overlooking Kerprich Hemmersdorf, enemy fire pinned the unit to the ground. S/Sgt. Miller, on his own initiative, pressed ahead with his squad past the company's leading element to meet the surprise resistance. His men stood up and advanced deliberately, firing as they went. Inspired by S/Sgt. Miller's leadership, the platoon followed, and then another platoon arose and grimly closed with the Germans. The enemy action was smothered, but at the cost of S/Sgt. Miller's life. His tenacious devotion to the attack, his gallant choice to expose himself to enemy action rather than endanger his men, his limitless bravery, assured the success of Company G.
    1944 - RIVERS, RUBEN, Medal of Honor.
Citation: For extraordinary heroism in action during the 15-19 November 1944, toward Guebling, France. Though severely wounded in the leg, Sergeant Rivers refused medical treatment and evacuation, took command of another tank, and advanced with his company in Guebling the next day. Repeatedly refusing evacuation, Sergeant Rivers continued to direct his tank's fire at enemy positions through the morning of 19 November 1944. At dawn, Company A's tanks began to advance towards Bougaktroff, but were stopped by enemy fire. Sergeant Rivers, joined by another tank, opened fire on the enemy tanks, covering company A as they withdrew. While doing so, Sergeant River's tank was hit, killing him and wounding the crew. Staff Sergeant Rivers' fighting spirit and daring leadership were an inspiration to his unit and exemplify the highest traditions of military service.
    1947 – A 200” mirror arrives at Mount Palomar Observatory in California.
    1950 - Top Hits
“Harbor Lights” - The Sammy Kaye Orchestra (vocal: Tony Alamo)
“Goodnight Irene” - The Weavers
“Thinking of You” - Don Cherry
“I’m Moving On” - Hank Snow
    1950 - General Dwight D. Eisenhower becomes Supreme Commander of NATO-Europe.
    1952 – A North American F-86 Sabre sets the world aircraft speed record at 1124 KPH
    1953 – The U.S. Supreme Court, in a 7-2 vote, rules baseball is a sport not a business.
    1954 - At the Union Toll Plaza on New Jersey’s Garden State Parkway motorists dropped 25 cents into a wire mesh hopper and a green light would flash. This was the first automatic toll machine. If they didn’t drop the money in, an alarm sounded. A machine that could provide correct change went into operation at the extreme right lane of each direction of traffic. The first modern toll road was the Pennsylvania Turnpike which opened in 1940. On the West Coast, most highways are “free,” thus the word, “freeway.”
    1954 – Sammy Davis Jr. was involved in a car accident in San Bernardino, California. Three days later, he lost the sight in his left eye. It was rumored it was not an accident, but because he was dating Kim Novak. He said the accident changed his career. While in the hospital, friend Eddie Cantor tells Davis about the twin struggles of the Jewish and African-Americans, leading Davis to convert to Judaism. The accident, paradoxically, increased his popularity. He had released a number of singles which were mostly ignored until he signed with Decca Records in 1955, where he scored hits with “Something’s Gotta Give”, “Love Me or Leave Me” and “That Old Black Magic”.
    1955 – Carl Perkins recorded “Blue Suede Shoes” at Sun Studios in Memphis. It became his biggest Pop hit, reaching #2 on the Billboard chart. Elvis Presley’s version, which gets more air-play these days, only managed to get to #20. 
    1955 – National Review publishes its first issue.
    1957 - Chicago radio station WCFL is picketed by the local chapter of the Elvis Presley fan club when it refuses to play Presley’s records. Despite the protest, the station did not change its policy.
    1957 – Nineteen inches of snow covered the ground at Cresco, IA, a record November snow depth for the state
    1958 - Top Hits
“Tom Dooley” – The Kingston Trio
“Topsy II” – Cozy Cole
“Beep Beep” – The Playmates
“City Lights” – Ray Price
    1959 – The last Edsel rolled off the assembly line. Ford Motor Company stopped production of the big flop after two years and a total of 110,847 cars.
    1959 - ”Rocky and his Friends” premiered on TV.  This popular cartoon featured the adventures of a talking squirrel, Rocky (Rocket J. Squirrel), and his friend Bullwinkle, a flaky moose. The tongue-in-cheek dialogue contrasted with the simple plots in which Rocky and Bullwinkle tangled with Russian bad guys Boris Badenov and Natasha (who worked for Mr. Big). Other popular segments on the show included “Fractured Fairy Tales,” “Bullwinkle’s Corner” and the adventures of Sherman and Mr. Peabody (an intelligent talking dog). In 1961, the show was renamed “The Bullwinkle Show,” but the cast of characters remained the same.
http://timvp.com/bullwink.html
    1961 - A year after Chubby Checker reached the #1 spot with "The Twist", the singer appeared on "The Ed Sullivan Show" to sing the song again. "The Twist" became the first record to reach #1 a second time around.
    1961 - Cleveland running back Jim Brown rushes for an NFL record 242 yards and four touchdowns as the Browns beat the Philadelphia Eagles 45-24. 
    1961 - Houston Oilers’ QB George Blanda passes for 7 touchdowns vs New York Titans (49-13) at the Polo Grounds in the AFL.    
    1961 – Actress Meg Ryan’s birthday, born Margaret Mary Emily Anne Hyra in Fairfield, CT.  Ryan has had a significant career across many recognizable films, but she will always be remembered for her first comedic role in “When Harry Met Sally,” opposite Billy Crystal. In a now-iconic scene, her character, while lunching with Crystal's character in Katz’s Deli, very theatrically demonstrates for him how easy it is to fake an orgasm.
    1962 – Birthday of Jodie Foster, film actor, director, and producer in LA as Alicia Christian Foster. She is a multi-Academy Award winner for her acting performances in “Silence of the Lambs” and “Accused”. Jodie was the youngest of four children raised by her mother Brandy, an art dealer and publicist. Jodie's father deserted the family before Jodie was born.
http://www.jodiefoster.nu/
http://us.imdb.com/name/nm0000149/bio
    1964 - Gary Lewis records "This Diamond Ring", which will climb to number one in the US the following January. Although the single will be credited to Gary Lewis and The Playboys, the music was actually provided by studio musicians and Lewis' voice was heavily mixed with that of singer Ron Hicklin. Co-writer Al Kooper has often said that although it has been his biggest commercial success as a songwriter, he was never happy with the Lewis version.
    1965 - Pop Tarts pastries created by Kellogg’s.
http://www.kelloggs.com/products/poptarts.html
http://www.pmichaud.com/toast/
    1966 - In one of the more famous college football match-ups between teams ranked No. 1 and No. 2, top-ranked Notre Dame tied second-ranked Michigan State, 10-10.
    1966 - Top Hits
“You Keep Me Hangin’ On” - The Supremes
“Good Vibrations” - The Beach Boys
“Winchester Cathedral” - The New Vaudeville Band
“I Get the Fever” - Bill Anderson
    1966 - Six weeks before his 31st birthday, LA Dodgers pitcher Sandy Koufax, plagued by arthritis, announced his retirement from baseball. Koufax compiled a 12-season record of 165 wins, 87 losses and 2,396 strikeouts.
    1966 - The Special Events Committee presented The Righteous Brothers, April Stevens and Nino Tempo in the USF Gymnasium at the University of San Francisco. Same night: Beau Brummels at the Carousel Ballroom,  Grateful Dead at the Fillmore Auditorium,  Quicksilver Messenger Service, Country Joe & the Fish at the Avalon Ballroom. The city was rockin'!
    1966 - The Supremes' "You Keep Me Hanging On" hits #1
    1967 - *WATTERS, CHARLES , Medal of Honor.
Rank and organization: Chaplain (Maj.), U .S. Army, Company A, 173d Support Battalion, 173d Airborne Brigade. Place and date: Near Dak To Province, Republic of Vietnam, 19 November 1967. Entered service at: Fort Dix, N.J. Born: 17 January 1927, Jersey City, N.J. Citation: For conspicuous gallantry and intrepidity in action at the risk of his life above and beyond the call of duty. Chaplain Watters distinguished himself during an assault in the vicinity of Dak To. Chaplain Watters was moving with one of the companies when it engaged a heavily armed enemy battalion. As the battle raged and the casualties mounted, Chaplain Watters, with complete disregard for his safety, rushed forward to the line of contact. Unarmed and completely exposed, he moved among, as well as in front of the advancing troops, giving aid to the wounded, assisting in their evacuation, giving words of encouragement, and administering the last rites to the dying. When a wounded paratrooper was standing in shock in front of the assaulting forces, Chaplain Watters ran forward, picked the man up on his shoulders and carried him to safety. As the troopers battled to the first enemy entrenchment, Chaplain Watters ran through the intense enemy fire to the front of the entrenchment to aid a fallen comrade. A short time later, the paratroopers pulled back in preparation for a second assault. Chaplain Watters exposed himself to both friendly and enemy fire between the 2 forces in order to recover 2 wounded soldiers. Later, when the battalion was forced to pull back into a perimeter, Chaplain Watters noticed that several wounded soldiers were Lying outside the newly formed perimeter. Without hesitation and ignoring attempts to restrain him, Chaplain Watters left the perimeter three times in the face of small arms, automatic weapons, and mortar fire to carry and to assist the injured troopers to safety. Satisfied that all of the wounded were inside the perimeter, he began aiding the medics--applying field bandages to open wounds, obtaining and serving food and water, giving spiritual and mental strength and comfort. During his ministering, he moved out to the perimeter from position to position redistributing food and water, and tending to the needs of his men. Chaplain Watters was giving aid to the wounded when he himself was mortally wounded. Chaplain Watters' unyielding perseverance and selfless devotion to his comrades was in keeping with the highest traditions of the U.S. Army.
    1967 – The Beatles released “The Magical Mystery Tour” album in the UK, following with the US release on November 27.
    1968 - Diana Ross, onstage with the Supremes at the Royal Command Variety Performance in London, interrupts the show with a plea for interracial understanding. The audience, which includes members of the royal family, applauds for two minutes. 
    1969 – The first astronauts to retrieve a man-made object from the moon were Commanders Charles Conrad, Jr., mission leader, and Alan La Vern Bean, lunar landing module pilot, who recovered a piece of the unmanned spacecraft “Surveyor 3,” which had landed on the Ocean of Storms of the Moon on April 19, 1967. They were two of the three astronauts on Apollo 12, which was launched by a Saturn 5 rocket from Cape Canaveral, FL, at 11:22am on November 14, 1969. While Commander Richard Francis Gorden, Jr. remained in orbits to pilot the command module, Conrad and Bean descended to the moon’s surface in the lunar module “Intrepid” and remained there for one day, the second time that human beings landed on the moon. Splashdown took place November 24, 1969, 400 miles from Samoa, after a flight of 244 hours, 36 minutes, 25 seconds.
    1973 - Senator Thomas J. McIntyre charged the major American oil companies of incompetence and selfishness. McIntyre alleged that they did not prepare for the upcoming energy crisis, and as a result have betrayed the American people.   And if you sat in those long lines waiting hours for a few gallons of gas, you likely agreed with him!!
    1974 - Top Hits
“Whatever Gets You Thru the Night” - John Lennon with The Plastic Ono Nuclear Band
“Do It (’Til You’re Satisfied)” - B.T. Express
“My Melody of Love” - Bobby Vinton
“Country Is” - Tom T. Hall
    1976 - Van Morrison's Moondance album is certified gold
    1976 – Heiress Patty Hearst is freed on $15 million bail
    1978 - 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 - Pitcher Nolan Ryan became the first baseball free agent to sign a contract for a salary of one million dollars per year, signing a four-year contract for $4.5 million. Ryan moved from the California Angels to the Houston Astros.
    1979 – Iran’s Ayatollah Khomeini orders the release of 13 female and black American hostages being held at the US Embassy in Tehran.
    1980 – CBS-TV bans Calvin Klein's jeans ad featuring Brooke Shields
    1981 - An unusually early snowstorm struck the Twin Cities of Minnesota, with as much as a foot of snow reported. The weight of the heavy snow caused the newly inflated fabric dome of the Hubert Humphrey Metrodome in downtown Minneapolis to collapse and rip.
    1982 - Top Hits
“Up Where We Belong” - Joe Cocker & Jennifer Warnes
“Truly” - Lionel Richie
“Heart Attack” - Olivia Newton-John
“Heartbroke” - Ricky Skaggs
    1984 - 20-year-old Dwight Gooden of the New York Mets became the youngest major-league pitcher to be named Rookie of the Year in the National League. The Mets pitcher led the majors with 276 strikeouts.
    1985 - President Reagan and Soviet leader Mikhail S. Gorbachev met for the first time as they began their summit in Geneva.
    1985 - Pennzoil wins a $10.53 billion judgment against Texaco in the largest civil verdict in US history, stemming from Texaco executing a contract to buy Getty Oil after Pennzoil had entered into an unsigned, yet still binding, buyout contract with Getty.
    1986 – Philadelphia Phillies’ Mike Schmidt became only the third player in National League history to win the Most Valuable Player award three times. Roy Campanella of the Dodgers and Stan Musial of the Cardinals are the other three-time National League MVP winners.
    1988 - Strong thunderstorms developed during the mid-morning hours and produced severe weather across eastern Texas and the Lower Mississippi Valley into the wee hours of the night. Thunderstorms spawned twenty-one tornadoes, including thirteen in Mississippi. One tornado killed two persons and injured eleven others at Nettleton, MS, and another tornado injured eight persons at Tuscaloosa, AL. Thunderstorms produced baseball size hail in east Texas and northern Louisiana, and Summit, MS was deluged with six inches of rain in four hours.
    1989 - Gale force winds continued to produce squalls in the Lower Great Lakes Region early in the day. Snowfall totals in western New York State reached 24 inches in southern Lewis County, with 21 inches reported at Highmarket. Unseasonably warm weather prevailed across the Northern and Central Plains Region. Eight cities reported record high temperatures for the date, including Denver, CO with a reading of 79 degrees.
    1990 - A summit was held at Paris with the leaders of the Conference on Security and Cooperation in Europe (CSCE). The highlight of the summit was the signing of a treaty to dramatically reduce conventional weapons in Europe, thereby ending the Cold War.
    1990 - Top Hits
“Love Takes Time” - Mariah Carey
“Pray” - M.C. Hammer
“More Than Words Can Say” - Alias
“You Really Had Me Going”- Holly Dunn
    1990 – Pop group Milli Vanilli are stripped of the Grammy Award because the duo did not sing at all on the “Girl You Know It’s True” album. Session musicians had provided all the vocals.
    1993 - Alan Giarettino proposed marriage to Christy Stubblefield while she rode around the ice rink on the Zamboni during the intermission of an East Coast Hockey League game in Huntington, WV. Stubblefield thought she had earned the ride by winning a contest. In truth, Giarettino had arranged the contest so that he could walk onto the ice during the ride, hand her a bouquet and drop to one knee. She said, “yes.”
    1994 - Nirvana’s album, "MTV Unplugged in New York", was number one in the U.S. for the week. The album featured these tracks: "About a Girl", "Come as You Are", "Jesus Doesn’t Want Me for a Sunbeam", "The Man Who Sold the World", "Pennyroyal Tea", "Dumb", "Polly", "On a Plain", "Something in the Way", "Plateau", "Oh, Me", "Lake of Fire", "All Apologies" and "Where Did You Sleep Last Night".
    1995 - A 60 track album called "Beatles Anthology I" is released in the US and sets a first-day sales record of 450,000 units. 
    1995 - Frank Sinatra's all-star 80th birthday tribute is held in the Shrine Auditorium in Los Angeles, featuring Bob Dylan performing "Restless Farewell" (at the request of Sinatra, Dylan had wanted to perform Frank's own "That's Life") and Paula Abdul singing "Luck Be a Lady." Afterwards, Dylan and fellow performer Bruce Springsteen, along with Steve Lawrence and Eydie Gorme, are invited back to the crooner's home.
    1995 – In the 83rd CFL Grey Cup, the Baltimore Stallions defeated the Calgary Stampeders, 37-20…that’s right, Baltimore won the Canadian Football League championship!
    1997 - The world’s first surviving septuplets were born by Cesarean section to Bobbi McCaughey of Carlisle, Iowa. She claimed her place in the record books by giving birth to septuplets: four boys (Kenneth, Brandon, Nathan and Joel) and three girls (Alexis, Natalie and Kelsey). The seven newcomers joined a family that already included one daughter, Mikayla. The infants ranged in weight from 2 pounds, 5 ounces to 3 pounds, 4 ounces and were born over a period of six minutes. The father was Kenny McCaughey, a billing clerk at a car dealership.
    1998 - Sammy Sosa is selected as the NL MVP creating an historic Latin American sweep of the MVP awards with Ranger Juan Gonzales winning the award in the AL this season.
    1998 - Vincent van Gogh's "Portrait of the Artist Without Beard" sold at auction for more than $71 million.
    1998 - The House of Representatives Judiciary Committee begins impeachment hearings against President Bill Clinton, arising from the revelations regarding intern Monica Lewinsky.
    2000 - Florida counts presidential ballots (more or less) as the process of determining the winner of the 2000 US presidential election continued.  Ultimately, the Supreme Court determined that George W, Bush had defeated former Vice President Al Gore, hanging chads and all.
    2001 - In a landslide vote (30 of 32 first-place votes) by the BBWAA, Giants left fielder Barry Bonds (.328, 137 RBIs, 73 HRs) wins the Most Valuable Player Award for an unprecedented fourth time (1990, 92- 93 as a Pirate). Three-time MVPs include Yogi Berra, Roy Campanella, Joe DiMaggio, Jimmie Foxx, Mickey Mantle, Stan Musial and Mike Schmidt.
    2001 – Only weeks after the 9/11 attacks, President George W. Bush signed the most comprehensive air security bill in U.S. history.
    2002 - The U.S. government completed its takeover of security at 424 airports nationwide.
    2002 - Twenty-four year veteran Jesse Orosco, the all-time leader in games pitched at 1,187, agrees to a one-year contract with the Padres estimated at $800,000.  At age 45, the lefty reliever, who started his Major League career with the Mets in 1979 (traded by the Twins for Jerry Koosman), is the oldest player in the majors.
http://baseball.espn.go.com/mlb/players/profile?statsId=1840
http://www.baseball-reference.com/o/oroscje01.shtml
    2006 - Nintendo released its newest video game console, the Wii, in North America with an MSRP of $249.99
    2007 - At Caroline Kennedy's 50th birthday party, guest performer Neil Diamond reveals that his 1970 hit "Sweet Caroline" was actually written about her.
    2007 – The kindle by Amazon was first released to the public.
    2010 - Many nations urge lower fishing rates on the Atlantic bluefin tuna; quota limits on the critically endangered fish are discussed by major fishing nations in Paris.
    2011 - Part of the Prompt Global Strike program, a U.S. hypersonic weapon system undergoes a successful test, proving capable of striking targets 3,700 kilometers (2,300 miles) away in under 30 minutes

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- September 2014 Broker Survey Results
- Reaction to Wheeler 2014 Broker Survey
- Victim or Might Be a Victim of Identity Theft?
- Marlin Files Amendment to Wells Fargo Loan
- Comcast home invasion lawsuit exposes risks
   for home automation, security service providers
- Quick Bridge Funding Ranked No. 1 Fastest Growing
  Private Midsize Company in Orange County, California
- Richest Man in Leasing: Steven Udvar-Hazay
- Derek Jeter's Final Game at Yankee Stadium
   by Ralph Mango, Leasing News Associate Editor
- Invest in Your Country
  U.S. Savings Bonds
- How to be a “Leasing Expert Witness”
    and Make Extra Income
- 2014 Survey Reports Expert Witness Hourly Fees
    Record  All-Time Highs
- Steve Crane, CLP, Joins BSB Leasing
- Alexa Report--Leasing Industry Web Site Visits
- Where to Sell Your Old Handsets or iPad
- Tiny Breathalyzer Plugs into Your Phone
- Bank Savings Are Growing
    Showing Anxiety of Businesses/Consumers
- Rosanne, Richard, and the Veterans Administration
- Dean Rubin Found, Ultimate Financing
      a Division of Navitas Lease Corp.
- U.S. Savings Bonds
- Steve Crane, CLP, Retires from Bank of the West Leasing
   To Remain on Leasing News Advisory Board
- BBB Leasing Company Ratings
   September 10, 2014
- Complaints Bulletin Board BBB Ratings
- Features in Leasing News
- Enverto Introduces IMCA Express
    with $100 Million Credit Facility
- A Key Part of the Economic Recovery Is Finally Happening
- Financial Pacific Completes First Year as Subsidiary of Umpqua Bank
- Balboa Capital Settles $36,454 Attorney Fee Complaint
   After Getting Suit Dismissed Against Regents Capital

- Your Photograph on LinkedIn.com
Use a Password Generator
- Banks Turn Toward Leasing for More Profit
- 15 Biggest Employers in the World
- Déjà vu on Proposed Lease Accounting Changes
- What $11.62 Trillion Worth of Household Debt Looks Like
- Broker’s Responsibility to Obtain
    California Lender’s License
- Dakota Financial saves $14,400 in document storage costs
   after deploying Office 365
- Programs to Protect Smartphones/Tablets/Laptops
- Who is Financing the Other Four?
    by Christopher Menkin
- Top Five Leasing Company Web Sites—
    in North America
- TimePayment New Web Site Almost Makes Top Five List
- Ascentium Capital Continues to Set Records
- Are More Online Loan Start-Ups On the Way?
- Canada's New Anti-Spam Law Active July 1, 2014
- PayPal Extends "No Interest" Small Business Loan Program
- Cisco predicts 61% Internet Traffic Wireless by 2018; Video 79% 
- Leasing News Icon for Android Mobile Device
- The Salary You Must Earn to Buy a Home in 27 Metros
- Lease Fleece Judge Verdict on Citibank Kingpin
- New CLP Designation---“Associate”
- Look for More Changes in Conducting Leasing
- 5 Ways to Give Your Brain a Break Right Now
- LEAF Financial Income Fund III Complaints
   10K Gives Numbers
- “A Great Time to be in the Equipment Leasing Industry”
- Why Leasing News is Different
- Loan/Lease Regulations
- Take Your Banker to Lunch
- Look Out!!! --Two Evergreen/PRR Clause Lessors Merge
   Onset Financial/Mazuma Capital
- Lease Police Tips on Judging Vendors
- Netiquette: Rules of Behavior For Email and the Internet
- Alert: Rudy Trebels Back Soliciting Broker Business
- Fugitive Banker Accused of Faking Own Death
 Found Alive, Now Arrested
- HL Leasing/John Otto--Update
- NorVergence- Year end, 2013
- The Future of Digital: 2013
- Twelve Lawyers Against Evergreen Clause Abuse
- Wants to Go After Lessors and Their Attorneys
   Re: Evergreen Clause Abuses
- Sample of Usury Laws in United States
- Balboa Capital Class Action Case Settled--$5 million?
- Old Cowboy On His Horse
- Leasing Brokers: When May You Collect a Commission?
- Is Long Term Leasing Dead?
- 5 Ways Women Are Better Bosses Than Men
- Balboa Capital, Irvine, California
   $20,543.22 Bulletin Board Complaint
   Alleged “Bait and Switch”
- Female Lease Finance Association Presidents
- Terry Winders, CLP, Custom Built Poker Tables
   ---Order One for Father’s Day
- Broker’s Responsibility to Obtain
    California Lender’s License
- The Day that Albert Einstein Feared May Have Finally Arrived
- Equipment Finance Agreements Explained/Barry S. Marks
- Royal Links "True Lease" Court Ruling
- "The Memory Shock" –New Book by Barry Reitman
- Mazuma and Republic Bank Get Snared on PRR Provision
   by Tom McCurnin, Esq.
- Jeff Taylor's Leasing Predictions, Spring, 2006
- Radiance Capital, Tacoma, Washington
   Bulletin Board Complaint 
   Purchase Option on EFA, Won’t Return $5,000 S.D.
- New Case against Mazuma Capital and Republic Bank
  ---Automatic Evergreen Payment---PPR
- Republic Bank out of leasing?
- Charles Schwartz and Allied Health
- Copier Wars---It's more than the lease payment
    by Christopher Menkin
- Leasing Gypsies
- Verifying Tax Returns
- Special Report: Part I
   Could Church Kiosks, Royal Link Carts, NorVergence results been avoided?

   The use of “Equipment Finance Agreements”
- Special Report: Part II
    Bank of the West

   Equipment Lease Agreement (EFA)
- California License Web Addresses
- Settlement Costs vs. Litigation Costs