Monday, November 16, 2020
Today's Leasing News Headlines
Wednesday, Nov. 18th 3:00pm EST Free Webinar
Over 150 registered to date to hear David C. Lee
"Funding Assets from A to Z"
Top Ten Leasing News
November 10 to November 13
Scott Wheeler Annual Survey for Originators of
Commercial Equipment Leasing and Finance
Financial Data of the week November 14, 2020
Compliments of Alberto Calva, B. Eng, M.Econ
Leasing Industry Ads
---Help Wanted
A Dozen "Do's and Don'ts" for Vendor Leasing Sales Reps
Sales Makes it Happen by Jim Acee
Trends---
Financing Cannabis Funding Sources
Many Work with Third Party Originators
Small Business Finance Company Rankings
Ranked by Loan, Factoring and MCA Origination Volume
Bernese Mountain Dog
Austin, Texas Adopt-a-Dog
1800 colleagues will be connecting
and accessing content for SFNet Nov. 17 -19 2020
News Briefs---
Social distancing, masks still necessary a
after getting COVID-19 vaccine
Cannabis revenue will avert Chicago city layoffs
to save 350 city union jobs
Longtime Wingstop Operator's Latest Opening
Marks The Brand's 1,500th Location
Trump faces criticism over raging COVID-19 crisis as he
delays Biden transition and focuses on election
You May have Missed---
U.S. Postal Service Reports Fiscal Year 2020 Results
Operating revenue increase of nearly $2.0 billion
Broker/Funder/Industry Lists | Features (wrilter's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months
www.leasingcomplaints.com (Be Careful of Doing Business)
www.evergreenleasingnews.org
Leasing News Icon for Android Mobile Device
Sports Brief----
California Nuts Brief---
"Gimme that Wine"
This Day in History
SuDoku
Daily Puzzle
GasBuddy
Weather, USA or specific area
Traffic Live----
######## surrounding the article denotes it is a “press release,” it was not written by Leasing News nor has the information been verified. The source noted. When an article is signed by the writer, it is considered a “byline.” It reflects the opinion and research of the writer.
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Wednesday, Nov. 18th 3:00pm EST Free Webinar
Over 150 registered to date to hear David C. Lee
"Funding Assets from A to Z"
David C. Lee, Chairman, CEO
Despite the pandemic, North Mill experienced unprecedented growth in volume the first half of this year. The trend continued as the business posted record originations for the third quarter, the best three months in its history. Directly responsible for the growth are the hundreds of independent originators with whom the firm partners.
They reference the wide array of acceptable assets, range of credits, competitive commissions, and outstanding service as key elements that set North Mill apart.
The company continues to be 100% reliant upon independent originators to generate business.
To register for webinar on
Wednesday, November 18 at 3:00 pm EST
please click here’
https://register.gotowebinar.com/register/3497329195431512588
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Top Ten Leasing News
November 10 to November 13
(Stories most opened by readers)
(1) New Hires/Promotions in the Leasing Business
and Related Industries
http://leasingnews.org/archives/Nov2020/11_13.htm#hires
(2) Chesswood Reports $9,304 3rd Q; ($8,616) 9 months
(in CDN $000's, except EPS)
http://leasingnews.org/archives/Nov2020/11_13.htm#chesswood
(3) Survey Finds Nearly Half of Small Businesses
Do Not Plan to Reopen Physical Stores
http://leasingnews.org/archives/Nov2020/11_10.htm#survey
(4) Top Originators Have Pricing Knowledge
Sales Makes it Happen by Scott Wheeler, CLFP
http://leasingnews.org/archives/Nov2020/11_10.htm#originators
(5) TopMark Funding Introduces DealerLinc
Financial Technology
http://leasingnews.org/archives/Nov2020/11_13.htm#topmark
(6) Jack Ma's terrible week
personally lost billions when the share launch failed
https://www.bbc.com/news/business-54838713
(7) Do I Give References Prior to an Offer?
Career Crossroads---By Emily Fitzpatrick/RII
http://leasingnews.org/archives/Nov2020/11_10.htm#crossroads
(8) Scott Wheeler Annual Survey for Originators of
Commercial Equipment Leasing and Finance
http://leasingnews.org/archives/Nov2020/11_13.htm#survey
(9) Fall Trucking Industry Insights
Irontrax Statistics Pertaining to Trucking Industry
http://leasingnews.org/archives/Nov2020/11_10.htm#fall
(10) Chipotle to Open its Version of the “Ghost Kitchen”
Restaurant Trend Continues to Grow to Pick-up and Delivery
http://leasingnews.org/archives/Nov2020/11_13.htm#chipolte
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Scott Wheeler Annual Survey for Originators of
Commercial Equipment Leasing and Finance
2020 has been a unique year for many originators. These results will be interesting to originators throughout the industry. Your participation is greatly appreciated. It is needed to increase the value of the data.
Please start the short survey by
CLICKING HERE
https://www.surveymonkey.com/r/G3ZDYL7
Questions and suggestions regarding
the survey are welcome.
Phone: 410-877-0428
email: scott@wheelerbusinessconsulting.com
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Leasing Industry Help Wanted
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acalva@acusconsulting.com
+1-416-824-1924
www.acusconsulting.com
Toronto, Canada
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A Dozen "Do's and Don'ts" for Vendor Leasing Sales Reps
Sales Makes it Happen by Jim Acee
It goes without saying that in order to be the best we not only have to work harder, we also have to work smarter. The problem is: we aren’t always told what the ‘smarter’ part of the equation should be; we have to try to figure that out for ourselves.
I have been in the vendor leasing business for 31 years, including 24 of those as a sales manager. I have worked with many good sales reps, but only a handful of truly great ones. Below is a dozen Do’s and Don’ts that I have seen great sales reps employ more frequently than their peers. While these are not the end all to becoming a great sales rep in vendor leasing, they will separate you from the mere mortals:
The Great Ones Do
…get to know everyone in the dealership. They know everyone from the dealer principal, to the sales reps, to the accounts receivable person (and everyone in between).
…sell their companies’ value proposition and unique strengths, not just good service. They understand that good service has to be proven, not promised. (Every leasing company touts the fact that they have the best service the industry has to offer, just look at their websites!).
…. prepare for every outbound sales phone call or face to face meeting. The great ones don't fly by the seat of their pants. They take the time to write down their goals for the meeting/call, questions to ask and potential objections they may need to overcome.
... cold call for new dealers as part of their daily/weekly routine. They never sit on their current dealer base expecting them to be there forever.
.. . buy lunch for their credit and contracts teams once in a while to thank them for helping them out. They understand that these are the folks that truly control their commission check.
…sell the turndown. They make sure the dealer understands that this customer will not only not default on their lease, they are unlikely to pay for parts and service rendered by the dealer.
… get back to their dealers with a status update on deals, problems or special requests, even if it’s only to tell them it’s still being looked at. (The biggest complaints I get from dealers is that they don’t know what’s going on with their deals/requests.)
The Great Ones Don’t
…waste time on companies not currently using leasing to sell their products. They know that they will write more business taking dealers away from their competitors.
…complain that their company’s rates are uncompetitive. The most successful sales reps know how to justify higher rates through their company’s value add proposition and unique strengths.
…start a new relationship with a deal that’s been turned down by another leasing company.
… throw others in the company under the bus. They understand that they are the face of the company and that the dealer doesn’t care when a sales rep says ‘they’ turned the deal down or ‘they’ screwed up the paperwork.
…. waste their credit teams time by asking them to just ‘relook’ at a turndown. If they appeal a turndown, they offer to restructure the deal (PG, shorter term, money down, etc.) or provide additional financial information like tax returns or company financials.
… sit on dealer problems or complaints. They bring their manager or other company resources into the conversation as soon as possible. They know that that chances are high that their manager has seen the issue before and may have a speedy resolution.
Jim wrote this November, 2017, for Leasing News. He contributed some great articles before he went back to work; now Sr. EFD National Program Manager, VP Material Handling at Bank of the West. I think it is still germane today. Wish he would make the time to write again.
- Editor
Jim Acee
(m) 484-883-9618
jjacee@verizon.net
He has a rich background, serving as
DLL Country Sales Manager;
Vice President, Syndication Buy Desk;
Vice President, Field Sales, Wells Fargo Capital Finance;
Managing Director, Vendor Leasing, US Bank;
Director of Sales, US Bancorp (formerly BCL)
https://www.linkedin.com/in/jim-acee-578a03b
Observations from the Front Porch by Jim Acee
http://www.leasingnews.org/Conscious-Top%20Stories/porch.html
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(I was recently asked: “What trends are you seeing in the equipment finance marketplace that we might to leverage? Any thoughts? I see a major change in the restaurant business to more “curbside pick-up and delivery,” now by “Ghost Kitchens.” This means no inside eating, perhaps more outside, but more delivery, drive-in, and pick-up as the industry returns.
I definitely see more states allowing Marijuana sales, even home or business delivery. Most of the recent inquiries are from originators asking who finances marijuana stores and operations, or even vending. Editor).
Financing Cannabis Funding Sources
Many Work with Third Party Originators
Alliance Commercial Capital
Cannabis Equipment Leasing
International Financial Services (IFS)
Number One Enterprise
Prime Commercial Lending
Vertical Companies
XS Equipment Leasing Solutions
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Alliance Commercial Capital, Inc
161 North Clark Street, 16th Floor
Chicago, Illinois, 60601
888-727-9960 Ext# 6078
Fax: 312-664-3021
sam@accleasing.com
www.accleasing.com
Cannabis Program Highlights:
Loan Size: $25,000 - $10,000,000+
Collateral: lighting, HVAC, benching, extractors, irrigation, CCTV & related cannabis equipment
Locations: Nationwide
Business: The owner/tenant must be licensed and regulated by the State. Personal Guarantees required from all owners. Minimum credit score preferred 700. No bankruptcies in the last 7 years. No unresolved state or federal tax liens.
Application Only: $50,000.
Documentation required: Submit with our attached credit application, copy of vendor invoice/quote, Bank statements for the last 4 months and copy of State Cannabis License
Time in Business: 2+ years
Terms are from 2 to 5 years
Interest rates typically average 9-12.75%
Full Disclosure: Over $50,000
Documentation required: Same as above plus Personal and Corporate tax returns for last 3 years, Personal financial statement for all owners, Debt Schedule, Latest interim Financial Statements.
Start-Ups: Unsecured Business Finance (UBF) program up to $150,000/owner based solely on personal credit. Submit with credit application only.
MoneyTrac Technology, Inc. (“MTT”), a subsidiary of Global Payout, Inc. (OTC:GOHE) , has established and is now marketing an alternative banking solution for the Cannabis industry.
MTT currently has the ability to integrate and streamline electronic payment processing such as E-wallet, mobile applications, debit cards, and credit cards. Currently, MoneyTrac Technology has strategic partnerships with top cannabis services such as GreenRush, BlazeNow, High Grade Management Group, and PotSaver, which was a majority acquisition last October.
According to Bloomberg, "MoneyTrac Technology, Inc., through its subsidiary, provides electronic wallet and e-banking financial solutions for the marijuana industry. It offers financial technology, which includes an e-wallet and mobile app that allows users to access financial information. The company also provides white labeling services; mobile platform to manage financial transactions; and solutions for accessing account information, making payments, and online bill pay activities. In addition, it offers transaction management services."
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Cannabis Equipment Leasing
Forum Financial Services has been involved in the Cannabis/CBD marketplace for over a year, launching a specific website geared for this industry: www.cannabisequipmentlease.com.
Tim O'Connor, Vice President, says, "Over the past year we have written and closed over a dozen leases. Most have been in the medical marijuana space and now we are expanding into the hemp/CBD industry."
"Most of our transactions were direct. We have two approved brokers that we have completed transactions with and are looking to possibly add one or two more. We are funding our own transactions, which makes us unique in the space. Well capitalized companies with solid management are what we have focused on, mostly "corporation only." Although, we have done a couple start-ups based on solid collateral and decent opening balance sheets.”
"As is the case with Forum Leasing, we do not offer ANY type of lease or financing for equipment located in California. We do offer leasing and are open for business for companies that have equipment installed/located in all the other 49 states."
Tim O'Connor
Forum Leasing
tim@forumleasing.com
PH.: 972-690-9444 EXT. 225
Cell: 214-717-2916
www.cannabisequipmentlease.com
www. http://forumleasing.com
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Now Open for the Cannabis Industry
International Financial Services dba IFS
"IFS has approved our 1st deal in the cannabis industry! We are now able to consider established companies with accountant prepared financial statements (or tax returns) within the cannabis industry.
“NOTE: We won't consider any start-ups. Must have at least 3 full years in business. Please contact me for more information or to preview a deal."
Dara Dietmeyer, VP
Credit & Syndications
847-932-0912 direct
ddietmeyer@ifsc.com
INTERNATIONAL FINANCIAL
SERVICES CORPORATION
www.ifsc.com
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Number 1 Enterprises, Inc.
Funding Cannabis, Marijuana, CBD, Hemp Businesses
“We specialize in structuring your capital infusion. Number 1 is a group of reformed bankers whom grew weary of declining great clients because their loan requests did not fit into the traditional lenders' ‘box’.”
Through a network of over 8,000 Funding Sources: Private Investors, Investor Groups, Lenders, Co-Brokers, Facilitators, Hedge Funds, etc., we help businesses acquire the necessary capital to grow their business:
- Debt and Convertible Notes
- Equity Capital
- Unsecured Business Financing
- Purchase Order Financing
- Accounts Receivable Financing
- Factoring
Companies have funded or in process of funding include:
1. Marijuana Grower, Extractor, Edibles Maker, Wholesaler, and Dispensary in Alaska
2. Medical Marijuana Conglomerate Acquiring a Building and Additional Capital for Operations in Nevada
3. Medical Marijuana Grower in Arizona
4. National Builder whom builds Grow-houses of all sizes
5. Warehouse Builder in North Florida which leases the space to Cannabis Grow-houses
6. Grower in Northern Nevada
7. Builder & Grower in New Jersey
8. Cannaceuticals and Hemp-based Nutritional Product company based in Florida and Pennsylvania
9. CBD Oil Manufacturer
10. CBD Oil Wholesalers
11. CBD Oil Retailers
“We will leave no stone unturned to ensure every available option for acquiring your business capital.
“With Number 1, We get it done!”
Andrew DiAlberto, President
Number One Enterprises, Inc. 3100 NW 46th St.
Suite 208
Ft. Lauderdale, FL 33309
Tel: 954-204-3292
Cell: 954-579-2584
E-Mail: andrew@number1ent.com
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Prime Commercial Lending Offers
New Financing Options for Cannabis
Gary Lockwood
Vice President Business Development
Prime Commercial Lending
Direct: (845) 401-2759
Office: (866) 708-4755
Fax: (518) 677-1071
Email: gary@primecommerciallending.com
Website: www.PrimeCommercialLending.com
----------------------------------------
Vertical Companies
Scott Jordan
Managing Director
Financial Services
Englewood, Colorado
sjordan@vertcos.com
303 887 2750
https://www.linkedin.com/in/thescottjordan/
Scott Jordan leads Vertical’s financial services arm. He has been in Colorado providing access to capital for marijuana business owners since 2009 and has been called “The Marijuana Money Man” by Fox San Francisco and the Denver Post. He created one of the first companies to provide debt-based capital, Dynamic Alternative Finance in 2014, and arranged over $30 million in funding before accepting the position with Vertical as President of the newly created Financial Services division.
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Specialists in cannabis and hemp company leasing
Xtraction Services Announces Name Change to XS Financial
David Kivitz, Chief Executive Officer of XS, said, “We have grown tremendously since inception in 2017, building out our services and refining our business model. The new name clearly identifies who we are and what we do.
About Xtraction Services
Founded in 2017, XS specializes in providing equipment leasing solutions in the United States to owner/operators of cannabis and hemp companies, including cultivators, oil processors, manufacturers, testing laboratories, among others. In addition, XS provides a full range of consulting services, including equipment selection and procurement, through its network of preferred vendor partnerships with original equipment manufacturers and equipment distributors. This powerful dynamic provides an end-to-end solution for customers, which results in recurring revenues, strong profit margins
For more information please contact Xtraction Services:
David Kivitz
Chief Executive Officer
Antony Radbod
SVP, Sales and Marketing
Tel: 1-407-900-4737, Ext. 5
Email: ir@xtractnow.com
www.xtractnow.com
----------------------------------------
dw@dwevents:
"I do know a bit about canna finance in the US and have actually completed a deal or two (it’s mainly all convertible debt). I ran an event in NYC for over 200 investors at Chelsea Piers and I helped organize, promote and sell out the first Weed Stock conference in Colorado. I have been an investor in the industry since 2013.
"There are no miracle answers for leases (in most states, ownership of canna assets without being licensed as a canna business would prohibit leasing). Most deals are done as loans with a conversion provision and pretty harsh default penalty.
"One thing lenders have to keep in mind is that bankruptcy (other than just a state bankruptcy) isn’t available to canna debtors. Federal judges won’t hear the cases and will dismiss them if they get filed. In fact most disputes that wind up filed in federal court get dismissed and refiled in state court."
Organigram Enters into Letter of Intent
with Farm Credit Canada for $10 Million
http://leasingnews.org/PDF/Organigram2017.pdf |
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(click image to view larger)
Source: debanked.com
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Bernese Mountain Dog
Austin, Texas Adopt-a-Dog
Schroder
Male
3 years old
54 lbs.
Foster Home
Adoption Fee $25.00
"Hey! It's you! Let me show you this new thing I learned! Can we walk over there? There's something I need to check out! Oh, and did you bring any treats? I really could use a snack!"
Schroeder is always excited to see his friends, but he's even more interested in what's going on at the shelter! He's a curious boy who just has to know what all the other dogs are up to. You can usually catch Schroeder running around the play yards, as he knows that if he stays in one place for too long, he might miss out on something exciting! Giving him time to run is the best way to get that classic Schroeder smile! And you'll know he's gotten his ya-yas out when that amazing tongue is practically dragging the ground, and then he'll plop down next to you to for a well-earned break.
When Schroeder's feeling cuddly, he'll wiggle up close and gaze up at you with his beautiful brown eyes to let you know that he's happy just to be with you. You might even get a kiss from this sweetie! But don't let his cute, cuddly disposition fool you - Schroeder is also quite the smarty pants, and he'll happily show off all his tricks to anyone who wants to see.
Schroeder is thriving in APA!'s Total Obedience Program (TOP), which is modeled after the AKC's Canine Good Citizen (CGC) test. As a TOP dog, he has a personalized training plan and works with a volunteer trainer several times a week to help him learn skills like staying in a sit or down until told "free," coming when called and "place", which means he will go to a specific place in your home on command. As a part of APA's Total Obedience Program you can work with APA staff to continue to build a training relationship with Schroeder after adoption and master all the TOP dog skills together. Check out a video on APA's CGC program, on which the TOP was based: https://vimeo.com/89434193
Smart, handsome, affectionate and energetic, Schroeder's a great dog with a lot of love to give. Come meet him!
Follow Schroeder on Instagram @Adopt_schroeder
Austin Pets Alive
1156 West Cesar Chavez,
Austin, TX 78703
phone pin
512·961·6519
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1800 colleagues will be connecting
and accessing content for SFNet, Nov. 17 - 19 2020
More than 1,800 registrants representing over 150 organizations will be attending our Annual Convention. The opportunities to connect and network are innumerable. Check out our video, SFNet Connect: Virtual Networking Works, to learn how easy it is to search attendees and request meetings.
More than 1,650 registrants representing over 150 organizations will be attending our Annual Convention. The opportunities to connect and network are innumerable. Check out our video, SFNet Connect: Virtual Networking Works, to learn how easy it is to search attendees and request meetings.
Details/Registration:
https://www.sfnet.com/home/76th-annual-convention
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This Day in History
1620 - Fifteen pilgrims lead by Captain Myles Standish, William Bradford, Stephen Hopkins and Edward Tiley discovered corn on the future site of Provincetown, MA. They named the place "Corn Hill." This vegetable would become a staple for the settlers. The Indians also taught them how to make popcorn, a very popular item even way back then.
1676 – The first prison in the Colonies opened in Nantucket, MA.
1747 - Knowles Riot in Boston involving hundreds of sailors, laborers and free blacks rising up against British Navy Press Gangs, temporarily forced an end to impressments in the Royal Navy. Many believe this gave rise to the American Revolution, although there were several such acts of rebellion, none as dramatic as this as it was a "mob act," mostly poor whites and black, and not planned such as the Boston Tea Party.
http://www.kellscraft.com/bostonillustrated/bostonillustrated01a.html
http://www.psupress.org/Justataste/samplechapters/justatastePencak.html
http://www.eco.utexas.edu/facstaff/Cleaver/HydraArticletable.pdf
1766 - Indians surrendered to British in Indian War of Chief Pontiac. By 1763, the British had control of much of northeastern North America. Most of the Indians were displeased by their treatment from the British. The main concern of the Indians was the continued settlement of people along the western frontier, which in 1763, included Ohio. Chief Pontiac began organizing many Indian tribes together to rebel against the British. The Indians had success waging war on frontier settlements that were not well protected. The British had many small forts on the frontier that were easily overrun by the Indians. Many British soldiers were killed in the attacks. The Indians attacked Fort Detroit and Fort Pitt but were unsuccessful in capturing the forts. The Indians were counting on French support against the British in order to take these two forts. The French support never came. In 1766, Chief Pontiac signed a peace treaty at Oswego, New York. As one of the conditions of the treaty, Pontiac was considered not guilty of any wrongdoing and was allowed to return home to his family who were living on the Maumee River. There were farther reaching consequences, however. This war worsened Britain’s financial health and resulted in the Proclamation of 1763, preventing colonial settlement farther to the West. This will be a grievance that leads into the American Independence movement.
1776 - Fort Washington on Manhattan Island fell to the British, who took about 2,000 prisoners. Colonial troops were on retreat and the war looked bleak as the weather.
1776 - The first salute to a U.S. Flag (Grand Union Ensign also known as the Continental Union flag) was a volley of 11 guns fired by Fort Orange on St. Eustatius, Dutch West Indies (Leeward Islands today). The salute was in response to a volley fired from the "Andrea Doria" commanded by Isaih Robinson. It was saluted by Johannes de Graeff, governor of the colony. The brig was captained by Nicholas Biddle, who had been sent to St. Eustatius to transport arms and ammunition for the American Continental Army. This was an important event as St. Eustatius was a very important trading center and a supply base for the colonies. Separately, the Low Countries, corresponding roughly to the present-day Netherlands, Belgium, and Luxembourg, recognized the independence of the United States.
1777 - The Second Continental Congress adopted the Articles of Confederation and Perpetual Union and submitted them to the states for ratification two days later. They were adopted on March 1, 1781. Although ultimately supplanted by the United States Constitution, the Articles of Confederation provided stability during the Revolutionary War years and attempted to define "states’ rights" and "federal authority."
http://memory.loc.gov/ammem/today/nov15.html
1798 – Kentucky became the first state to nullify an Act of Congress. Thomas Jefferson drafted the Kentucky Resolutions of 1798 and first introduced the word “nullification” into American political life. Follow-up resolutions in 1799 employed Jefferson’s formulation that “nullification…is the rightful remedy” when the federal government reaches beyond its constitutional powers. In the Virginia Resolutions of 1798, James Madison said the states were “duty bound to resist” when the federal government violated the Constitution. Jefferson warned that “… if the federal government is allowed to hold a monopoly on determining the extent of its own powers, we have no right to be surprised when it keeps discovering new ones. If the federal government has the exclusive right to judge the extent of its own powers, it will continue to grow – regardless of elections, the separation of powers, and other much-touted limits on government power.” Boy, have we lost sight of this recently!
1801 – The first edition of the New York Post was published.
1821 - Missouri Indian trader William Becknell arrives in Santa Fe, New Mexico, sells his goods at an enormous profit, and makes plans to return the next year over the route that will become known as the Santa Fe Trail. Becknell's role in reopening the trail and laying out the shortcut earned him the title of "Father of the Santa Fe Trail." It became one of the most important and lucrative of the Old West trading routes; merchants and other travelers continued to follow the trail blazed by Becknell until the arrival of trains in the late 1870s.
1836 - Kalākaua, born David Laʻamea Kamanakapuʻu Mahinulani Nalaiaehuokalani Lumialani Kalākaua and sometimes called The Merrie Monarch (d. 1891), in Honolulu, was the last reigning king of the Kingdom of Hawaii. He reigned from February 12, 1874 until his death in San Francisco, on January 20, 1891. During his reign, hula was revived, after having been banned in 1830 by Queen Ka’ahumanu, who had converted to Christianity. He is also known for having revived surfing and the Hawaiian martial art, Kapu Kuialua.
1863 – In the Battle of Campbell’s station near Knoxville, TN, Confederate troops failed to successfully attack Union troops.
1864 - General William T. Sherman’s march to the sea with 62,000 men began. Leaving Atlanta, GA., in flames, it was thought the fires were started by Sherman's troops, but historians state most of the major fires were started by Confederates fleeing the city, not wanting to supply the Union troops with food and supplies. Sherman was to seep across a 60-mile front with little serious opposition, his army destroying everything useful to the Confederates, who were doing the same to his army. The South was cut in two. General William J. Hardee and his remaining Confederate forces evacuated Savannah, GA. on December 21. Sherman occupied the city that day.
1873 - Birthday of William Christopher (W.C.) Handy (d. 1958) at Florence, AL. American composer, bandleader, "Father of the Blues." If you can't have but one jazz CD in your collection, let me recommend “Louis Armstrong Plays W.C. Handy.”
http://www.amazon.com/exec/obidos/tg/stores/detail/-/music/B000002ADP/reviews/
107-7460879-4591723
http://www2.una.edu/library/handy/
1889 - The Oahu Railway and Land Company (OR&L) began operating on Hawaii's third largest island. The brainchild of Massachusetts native Benjamin Franklin Dillingham, the railroad made it possible to move agricultural products from inland to port, stimulating the local economy and providing a valuable transportation route for decades. (Lower portion of: http://memory.loc.gov/ammem/today/nov16.html)
1892 - The University of Chicago won its first football victory. The preceding October 22, they played to a 0-0 tie with Northwestern in its first ever football game and this was their first win for Coach Amos Alonzo Stagg, 10-4 against Illinois at Chicago. A founding member of the Big 10, Chicago eliminated its football program for many years, but now competes against the likes of New York University, Emory and Washington University at St. Louis.
1899 - Birthday of Mary Margaret McBride (d. 1976) Paris, MO. From 1934 to 1954, she conducted a radio show of astonishing and human interest facts and, in 1940, was voted the most popular woman in radio. She was one of the first big radio stars who tried to move to the new medium of television where she was declared a big flop. It was the same night Milton Berle became the permanent host of "Texaco Star Theatre" and NBC showcased McBride in the timeslot right after Berle. Early TV's biggest success was a performer who'd never done well on radio--Milton Berle, a vaudevillian. His popularity on TV showed the uncertainty of predicting how radio stars would likely fare on television. "We all knew one thing that wouldn't work," recalled George Burns, also a vaudevillian, about moving from radio to TV: "standing in front of a microphone and reading from a script. Unfortunately, that's what we were best at."
1902 - A cartoon appeared in the Washington Star, prompting the Teddy Bear Craze, after President Teddy Roosevelt refused to kill a captive bear tied up for him to shoot during a hunting trip to Mississippi.
1907 - Oklahoma became the 46th state. The word, Oklahoma, is a combination of two Choctaw words meaning red people. Then, why Sooner? Many, many Oklahoma homesteaders thought sooner was better than later, better to stake their homesteads first, before it was legal to do so.
http://memory.loc.gov/ammem/today/nov16.html
1914 - The Federal Reserve Bank was formally opened. The Federal Reserve Act, approved on December 23, 1913, was an "act to provide for the establishment of Federal Reserve Banks, to furnish an elastic currency...to establish a more effective supervision of banking in the United States." The 12 regional district banks are under the supervision of a seven-member Board of Governors.
1918 - In NY City, the United Lutheran Church was organized by a merger of three general Lutheran bodies in the U.S. and Canada. In 1962, the ULC became one of the branches of Lutheranism which formed the Lutheran Church in America.
1920 - The postage meter was officially set at Stamford, CT, by the Pitney-Bowes Postage Meter Company. Although the idea of metered mail originated in 1900, when the American Postage Meter Company was organized in Chicago, it was not until September 1, 1920, that the Post Office Department approved it. About $2 million was spent on research and development of the machine.
1931 - Singer Bob Gibson (d. 1996) birthday, New York City.
http://www.mp3.com/Bob-Gibson/artists/1656/biography.html
http://www.musicweb.uk.net/encyclopaedia/g/G33.HTM
http://www.provide.net/~cfh/gibson.html
1933 - The United States and the Soviet Union established diplomatic relations. President Roosevelt sent a telegram to Soviet leader Maxim Litvinov, expressing hope that United States-Soviet relations would "forever remain normal and friendly.''
1937 - Bob Crosby records "South Rampart St. Parade," LA, Decca 15038
1940 - Cornell University played Dartmouth College in football and came away with a victory. Cornell entered the contest with 18 straight victories over a two-year period. With less than a minute left in the game, Cornell got the ball on Dartmouth's six-yard line, first and goal. On first down, fullback Mort Landsberg gained three yards. On its second down, Cornell halfback Walt Scholl managed to run the ball to the one-yard line. On the third down, Landsberg tried to run up the middle but did not gain more than a few inches. On the fourth down, Cornell was penalized for delay of game, and Referee Red Friesell spotted the ball just over the 5-yard line in order to replay the fourth down. With nine seconds left on the clock, Scholl threw an incomplete pass into the end zone. Normally, the ball would have gone to Dartmouth, which would have used up the remaining seconds and won the game, 3–0. But following the fourth down, Linesman Joe McKenny signaled that it was first down and that the ball should go to Dartmouth at the 20 yard line. Referee Friesell did not agree and gave the ball to Cornell and placed it on the 6 yard line on fourth down when in actuality it was "fifth" down. Making the most of the unexpected opportunity, Scholl threw a touchdown pass to William Murphy and, following the extra-point kick, Cornell won the game 7–3. Officials discovered their error after reviewing the game films. Cornell's players, Coach Carl Snavely, acting athletic director Bob Kane, and President Edmund Ezra Day, a Dartmouth alumnus, agreed that Cornell should send a telegram to Dartmouth offering to forfeit the game. Dartmouth accepted. This is described as the only time in the history of football that a game was decided off the field. A footnote: William Murphy, Jr and I were freshman football teammates at Cornell in 1964. He, too, was a receiver.
1940 - New York City's "Mad Bomber," George Metesky, placed his first bomb at the office building used by Consolidate Edison.
1944 - LINDSEY, JAKE W., Medal of Honor
Rank and organization: Technical Sergeant, U.S. Army, 16th Infantry, 1st Infantry Division. Place and date: Near Hamich, Germany, 16 November 1944. Entered service at: Lucedale, Miss. Birth: Isney, Ala. G.O. No.: 43, 30 May 1945. Citation: For gallantry and intrepidity at the risk of his life above and beyond the call of duty on 16 November 1944, in Germany. T/Sgt. Lindsey assumed a position about 10 yards to the front of his platoon during an intense enemy infantry-tank counterattack, and by his unerringly accurate fire destroyed 2 enemy machinegun nests, forced the withdrawal of 2 tanks, and effectively halted enemy flanking patrols. Later, although painfully wounded, he engaged 8 Germans, who were reestablishing machinegun positions, in hand-to-hand combat, killing 3, capturing 3, and causing the other 2 to flee. By his gallantry, T/Sgt. Lindsey secured his unit's position, and reflected great credit upon himself and the U.S. Army.
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, 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 - HORNER, FREEMAN V., Medal of Honor
Rank and organization: Staff Sergeant, U.S. Army, Company K, 119th Infantry, 30th Infantry Division. Place and date: Wurselen, Germany, 16 November 1944. Entered service at: Shamokin, Pa. Birth: Mount Carmel, Pa. G.O. No.: 95, 30 October 1945. Citation: S/Sgt. Horner and other members of his company were attacking Wurselen, Germany, against stubborn resistance on 16 November 1944, when machinegun fire from houses on the edge of the town pinned the attackers in flat, open terrain 100 yards from their objective. As they lay in the field, enemy artillery observers directed fire upon them, causing serious casualties. Realizing that the machineguns must be eliminated in order to permit the company to advance from its precarious position, S/Sgt. Horner voluntarily stood up with his submachine gun and rushed into the teeth of concentrated fire, burdened by a heavy load of ammunition and hand grenades. Just as he reached a position of seeming safety, he was fired on by a machinegun which had remained silent up until that time. He coolly wheeled in his fully exposed position while bullets barely missed him and killed 2 hostile gunners with a single, devastating burst. He turned to face the fire of the other 2 machineguns, and dodging fire as he ran, charged the 2 positions 50 yards away. Demoralized by their inability to hit the intrepid infantryman, the enemy abandoned their guns and took cover in the cellar of the house they occupied. S/Sgt. Horner burst into the building, hurled 2 grenades down the cellar stairs, and called for the Germans to surrender. Four men gave up to him. By his extraordinary courage, S/Sgt. Horner destroyed 3 enemy machinegun positions, killed or captured 7 enemy, and cleared the path for his company's successful assault on Wurselen.
1945, Woody Herman waxes "Wildroot," Columbia 36949.
1945 - Eighty-eight German scientists, holding Nazi secrets, arrived in the U.S. In a move that stirs up some controversy, the United States ships 88 German scientists to America to assist the nation in its production of rocket technology. Most of these men had served under the Nazi regime and critics in the United States questioned the morality of placing them in the service of America. The situation pointed out one of the many ironies connected with the Cold War. The United States and the Soviet Union, once allies against Germany and the Nazi regime during World War II, were now in a fierce contest to acquire the best and brightest scientists who had helped arm the German forces in order to construct weapons systems to threaten each other.
1947 - Top Hits
“I Wish I Didn't Love You So” - Vaughn Monroe
“Near You” - The Francis Craig Orchestra (vocal: Bob Lamm)
“You Do” - Dinah Shore
“I'll Hold You in My Heart (Till I Can Hold You in My Arms)” - Eddy Arnold
1952 - "Our Goodly Heritage" debuted over CBS television. This Sunday morning Bible study program, hosted by William Rush Baer of New York University, aired a little over five years.
1952 - Birthday of Glenn Burke (d. 1995), baseball player, born at Oakland, CA. Burke spent four seasons in the majors (1976-79) with the Los Angeles Dodgers and the Oakland Athletics. He was the first former baseball player whose cause of death was acknowledged as AIDS.
1952 - John Clellon Holmes article, "This is the Beat Generation," appears in NY Times Magazine. His novel, “Go”, often call the first published "Beat" novel, which presented characters based on Kerouac, Ginsberg and Neal Cassady, five years before Kerouac would turn the same cast of characters into legends with 'On the Road.' Also, during this month, Jack Kerouac works as student brakeman for a railroad in California and his “Book of Dreams” project is begun here in Los Gatos, Ca. He and Cassady would die deaths related to alcoholism.
http://www.litkicks.com/BeatPages/page.jsp?what=NealCassady
1955 - Top Hits
“Sixteen Tons” - Tennessee Ernie Ford
“Autumn Leaves” - Roger Williams
“Only You” - The Platters
“Love, Love, Love” - Webb Pierce
1955 - The Four Lads record "No, Not Much"
1955 - 'Tennessee' Ernie Ford drove to the top spot on the record charts. “Sixteen Tons,” where he owed his "soul to the company store..." became the fastest-selling record in history, jumping to #1 in just 3 weeks. The tune, on Capitol Records, stayed at #1 for eight weeks.
1956 - Elvis Presley's film debut, "Love Me Tender," opens in New York. Despite critical reaction, it takes in nearly $4 million in just two months.
1958 - Golfers enjoying an autumn day got a surprise when over six inches of snow fell on Tucson, Arizona.
1959 - The Rodgers and Hammerstein musical, “The Sound of Music,'' opened on Broadway, originally staring Theodore Bikel and Mary Martin. The show played 1,443 performances (the second longest running musical at that time.) In 1965, it was released as a movie starring Julie Andrews and Christopher Plummer. It is based on an original true story from the book, first made into a German film, very popular in Europe. Maria von Trapp's book, “The Story of the Trapp Family Singers” was published in 1949 and shortly after, Hollywood approached Maria with an offer to buy the book title. They wanted to buy the title but create their own story. Maria refused to sell the title without the whole story and produced the film herself in Germany.
http://www.trappfamily.com/story
http://www.prigsbee.com/Musicals/shows/soundofmusic.htm
http://www.amazon.com/exec/obidos/ASIN/B00000AG6Y/103-0205572-2897419
http://www.amazon.com/exec/obidos/ASIN/B00000AG6Y/103-0205572-2897419
1959 - Beat author Jack Kerouac appears on the Steve Allen Show in Hollywood. After the show, he has dinner with sex kitten Mamie Van Doren.
1959 - The most severe November cold wave in U.S. history was in progress. A weather observation station located 14 miles northeast of Lincoln, MT reported a reading of 53 degrees below zero, which established an all-time record low temperature for the nation for the month of November. Their high that day was one degree above zero.
1959 - "Mr. Blue" by the Fleetwoods topped the charts and stayed there for a week.
1959 - The Boston Patriots become the AFL's eighth and final franchise under the ownership of William H. Sullivan, Jr. After moving to Foxboro, they are now the six-time Super Bowl Champion New England Patriots.
1960 - After Brenda Lee had turned it down for being "too Country," Patsy Cline records "I Fall to Pieces" for Decca Records in Nashville. The song will enter the US charts the following summer and rise to #12.
1961 - President John F. Kennedy decides to increase military aid to South Vietnam without committing U.S. combat troops. Kennedy was concerned at the advances being made by the communist Viet Cong but did not want to become involved in a land war in Vietnam. He hoped that the military aid would be sufficient to strengthen the Saigon government and its armed forces against the Viet Cong. Ultimately it was not, and Kennedy ended up sending additional support in the form of U.S. military advisors and American helicopter units. By the time of his assassination in 1963, there were 16,000 U.S. soldiers in South Vietnam.
1962 - Wilt Chamberlain of NBA San Francisco Warriors scores 73 points vs. NY
1963 - Top Hits
“Deep Purple” - Nino Tempo & April Stevens
“Washington Square” - The Village Stompers
“I'm Leaving It Up to You” - Dale & Grace
“Love's Gonna Live Here” - Buck Owens
1963 - "Deep Purple" by Nino Tempo & April Stevens topped the charts and stayed there for a week.
1964 - Jay and The Americans record "Let's Lock the Door," which will reach #11 on the Billboard chart early the next year.
1964 – “Doctor K”, Dwight Gooden, was born in Tampa. Gooden is a four-time All-Star and three-time World Series champion. He won the NL Rookie of the Year Award in 1984, as he led the league in strikeouts, and then won the NL Cy Young award in 1985. While a member of the Yankees, Gooden threw a no-hitter in 1996. Gooden made his Major League debut on April 7, 1984 with the New York Mets at the age of 19. He quickly developed a reputation of unitability with his 98 MPH fastball and sweeping curve. He became the youngest player to appear in an All-Star Game in 1984. He led MLB with 24 wins, 268 strikeouts, and a 1.53 ERA, the second lowest in the Live Ball Era, trailing only Bob Gibson's 1.12 in 1968. At age 20, he was the youngest pitcher of the last half-century to have an ERA+ above 200. Gooden's ERA+ was 229. It all went up in the smoke of coke because in 1994, he tested positive for cocaine use and was suspended for 60 days. He tested positive again while serving the suspension and was further suspended for the entire 1995 season.
1965 - First public announcement about Walt Disney World.
1965 - CBS-TV airs the Frank Sinatra documentary “Sinatra: An American Original,” hosted by Walter Cronkite.
1966 - Dr. Sam Sheppard freed after 9 years in jail, by a jury. His story is the basis of several television series and movie, "The Fugitive."
1968 - B.J. Thomas' "Hooked on a Feeling" is released.
1969 - News reports charged a U.S. infantry unit with massacre at My Lai 4, a village in the Song My district in South Vietnam, on March 16, 1968. More than 450 villagers including many women and babies were said to have been slain. Pending an investigation, Lt. William L. Calley, Jr. in charge of the U.S. unit at the time, was kept on active duty beyond his official tour. He later would receive several months in jail in one of the many military cover-ups about the war in Vietnam.
1971 - Top Hits
“Gypsys, Tramps & Thieves” - Cher
“Theme from ‘Shaft’” - Isaac Hayes
“Imagine” - John Lennon Plastic Ono Band
“Lead Me On” - Conway Twitty & Loretta Lynn
1972 - A coastal storm gave New England a lashing. Heavy, wet snow in parts of New Hampshire and Vermont downing power and utility lines while heavy rains in southern New England producing some flooding
1973 - 30th manned US space flight launched with three astronauts, G.P. Carr, W.R. Page and E.G. Gibson, who spent 84 days on the space station. Space walks totaled 22 hours. Returned to Earth on Feb 8, 1974.
1973 - President Nixon authorizes construction of the Alaskan pipeline.
1974 - "Whatever Gets You Thru the Night" by John Lennon with the Plastic Ono Nuclear Band topped the charts and stayed there for a week. Helping out on piano and vocals is Elton John. In his homeland, it could do no better than #36. His girlfriend, May Pang, would later recall that John got the inspiration for the song when he saw TV evangelist Reverend Ike utter the phrase "Let me tell you guys, it doesn't matter, it's whatever gets you through the night."
1974 - NBC-TV began a two-night showing of the award-winning film, "The Godfather," starring Marlon Brando. The film was the highest price paid for a shown on television movie when NBC paid Paramount Pictures $10 million to show it.
1974 - Stevie Wonder's "Boogie on Reggae Woman" is released.
1975 - Chicago Bear Walter Payton rushed for 105 yards in a game against the San Francisco 49ers, for his first game of 100 plus yards. He would reach this feat over 50 times throughout his career, adding two 200-yard games, as well.
1977 - The Canadian trio Rush receive three gold records for "2112," "All the World's a Stage," and "A Farewell to Kings." The group, which started out as a Led Zeppelin-inspired power trio, opted for a more experimental progressive direction on those LPs and found itself a sizable audience.
1979 - Top Hits
“Heartache Tonight” - Eagles
“Dim All the Lights” - Donna Summer
“Still” - Commodores
“You Decorated My Life” - Kenny Rogers
1983 – Baltimore Oriole Cal Ripken, Jr., is named the American League's MVP becoming the first player to win the Rookie of the Year (1982) and Most Valuable Player Award in consecutive years.
1984 - Dr. Anna L. Fisher was the first astronaut who was a mother. She was a member of the crew of Space Shuttle "Discovery" mission that lifted off Cape Canaveral, FL. She participated in the world's first satellite retrieval and repair operation.
1985 - "We Built This City" by Starship topped the charts and stayed there for 2 weeks.
1987 - Top Hits
“I Think We're Alone Now” - Tiffany
“Mony Mony ‘Live’" - Billy Idol
“(I've Had) The Time of My Life” - Bill Medley & Jennifer Warnes
“Maybe Your Baby's Got the Blues” - The Judds
1987 - High winds and heavy snow created blizzard conditions across parts of eastern Colorado. Wind gusts reached 68 mph at Pueblo, and snowfall totals ranged up to 37 inches at Echo Lake. In Wyoming, the temperature dipped to 14 degrees below zero at Laramie. Strong thunderstorms in Louisiana drenched Alexandria with 16.65 inches of rain in thirty hours, with an unofficial total of 21.21 inches north of Olla. Flash flooding in Louisiana caused five to six million dollars damage.
1989 - Severe thunderstorms produced 22 tornadoes from Virginia to New York. Winds gusted to 80 mph caused a wall at the Coldenham School in Newburgh, NY to collapse, killing 9 children. Snow and gusty winds invaded the north central U.S. Winds gusting to 40 mph produced wind chill readings as cold as 25 degrees below zero, and blizzard conditions were reported in Nebraska during the late morning hours. High winds around a powerful low pressure system produced squalls in the Great Lakes Region. Winds gusted to 63 mph at Whitefish Point, MI, and snowfall totals in Michigan ranged up to 19 inches at Hart, north of Muskegon
1992 - For the first time since 1563, the Roman Catholic Church issued a new universal catechism, which addressed modern-day issues.
1994 - Bernette Johnson was sworn in as the first black woman ever elected to the Louisiana Supreme Court.
1994 - Top Hits
“I'll Make Love To You” - Boyz II Men
“Here Comes The Hotstepper” (From "Ready To Wear") - Ini Kamoze
“All I Wanna Do” - Sheryl Crow
“Another Night” - Real McCoy
1996 - "Head Over Feet" by Alanis Morissette topped the charts and stayed there for 4 weeks.
1999 - Top Hits
“Smooth” - Santana Featuring Rob Thomas
“Back At One” - Brian McKnight
“Mambo No. 5” (“A Little Bit Of...”) - Lou Bega
“I Need To Know” - Marc Anthony
2001 - Yankee right hander Roger Clemens (20-3, 3.51 ERA) wins the Cy Young Award for an unprecedented sixth time (Red Sox: 1986, '87, '91 and Blue Jays: 1997, '98). The 'Rocket' becomes the first Pinstriper to win the award since 1978 when Ron Guidry copped the honor.
2001 - The city of Palm Springs, CA unveils a statue in its downtown area honoring the late Sonny Bono, half of Sonny and Cher and mayor of the city for a time in the Eighties.
2001 - Congress passed a law mandating that airport screeners be federal employees.
2002 - The New York Yankees and the Yomiuri Giants in Japan signed an agreement to form a working relationship. Being the most successful teams in their respective leagues, the organizations hope to establish scouting and marketing ties which will benefit both teams.
2003 - Top Hits
“Baby Boy” - Beyonce Featuring Sean Paul
“Stand Up” - Ludacris Featuring Shawnna
“Holidae In” - Chingy Featuring Ludacris & Snoop Dogg
“Damn!” - YoungBloodZ Featuring Lil Jon
2005 - Severe thunderstorms produced over 30 tornadoes in 6 states, resulting in one fatality and at least 35 injuries (Associated Press). Some of the worst damage occurred in Henry County, Tennessee, where numerous homes and businesses were damaged or destroyed.
2006 – “Queen's Greatest Hits” is declared the most popular album of all time in Britain, with more than five-and-a-half million units sold. At Number Two: the Beatles' “Sgt. Pepper”.
2010 - U.S. Rep. Charles Rangel (D-Harlem) was convicted on 11 of 13 charges related to financial misconduct, including income tax evasion, prompting fellow lawmakers to censure the 80-year-old New York Democrat.
2012 - Hostess Brands – Twinkies, Ho-Hos, Wonder Bread, Ding Dongs - revealed its plan to file for bankruptcy and liquidate its assets, claiming contract disputes from the bakery's union worker strike crippled its operations; about 18,500 workers were laid off. As part of the BK adjudication, the several brands were sold to multiple buyers. Hostess Brands, LLC is a bakery company formed in June 2013. It now owns several bakeries in the United States that produce snack cakes under the Hostess and Dolly Madison brand names. It is headquartered in Kansas City, MO, and is 50% owned by HB Holdings, LLC, a venture set up by Apollo Global Management and C. Dean Metropoulos and Company.
2017 – MN Senator Al Franken was accused of groping and forcibly kissing a woman. Franken resigned on January 2, 2018, after as many as eight allegations of sexual misconduct were made against him. Although Franken had asked to be allowed to appear before the Senate Ethics Committee to give his side of the story, on December 6, Senate Minority Leader Charles Schumer told him he had to announce his resignation by five o’clock or could be censured and stripped of committee assignments. On December 7, Franken announced his intention to resign his Senate seat. He called some of the accusations "simply not true" and said he remembered others "very differently."
2018 – The CIA concluded Saudi Crown Prince Mohammed bin Salman ordered the killing of Washington Post journalist Jamal Khashoggi. Also a Saudi Arabian dissident, author, and a general manager and editor-in-chief of Al-Arab News Channel, he was assassinated at the Saudi consulate in Istanbul on October 2, 2018 by agents of the Saudi government. He also served as editor for the Saudi Arabian newspaper Al Watan, turning it into a platform for Saudi progressives. On June 19, 2019, following a six-month investigation, the UN released a 101-page report holding Saudi Arabia responsible for the "premeditated extrajudicial execution" of Khashoggi. The report was issued by Agnes Callamard, a French human rights expert and UN Special Rapporteur. The Saudi Arabian government changed its story several times. Initially, it denied the death and claimed that Khashoggi had left the consulate alive. Eighteen days later, it said he had been strangled inside the consulate during a fistfight. Eighteen Saudis were arrested, including the team of fifteen who had been sent to "confront him.” The "fistfight" story was contradicted on October 25 when Saudi Arabia's attorney general said the murder was premeditated. Many Saudi critics have been reported missing under suspicious circumstances.
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