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Classified Ads---Senior Management

    Needs Your Help--Info on EXCEL, Florida

        Key Equipment Names Brian Pothoff, EVP N.A.

            Rabobank to Acquire Ag Services of America

                Merger Completed Mid-State B&T/Ojai Valley Bank

                    Fitch Upgrs PN Bancorp/Acquisition by Wells Fargo

                Leasing Industry Help Wanted

            Fitch Places ORIX Special Servicer Rating Watch Negative

        Orix Motivation Posters---Reaction

    Cartoon-Orix New CEO Gary Corr Learning to Relax

News Briefs---

    California Nuts Briefs---

        "Gimme that Wine"

This Day in American History




This Border ##### Denotes Press Release (Not Written By Leasing News)


Classified Ads---Senior Management


    Senior Management: Baltimore, MD

25 year veteran of commercial and equipment leasing seeking a senior management position with leasing or asset based financing company in the southeast (Florida preferred)



    Senior Management: Denver, CO. Fortune 500 GM/SVP wants to team up with aggressive lender looking for Western expansion mid-market equip. finance/leasing. 20+ years experience within Rocky Mountain/ Southwest and Ca markets. Email:


    Senior Management: Long Island, NY

Degree Banking/Finance. 13 years leasing exp. Now prez young leasing company where promises were not met. Interested in joining established firm with future.


    Senior Management: Portfolio Management Consultant; 25+years experience in Collections, Customer Satisfaction, Asset Management, Recoveries, Continuous Process Improvement, Back end Revenue Generation, Cost per Collection Analysis. $5+Billion Portfolio expertise. Email:


    Senior Management: San Francisco, CA., 25 years experience w/global leasing company, sales,marketing,business dev., P&L responsibility, asset mgmt, brokering and re- marketing. Interested in joining an est. firm with a future.


    Senior Management: Tampa FL.20+ years of small to middle ticket finance, operations and sales management experience. Outstanding record of revenue enhancement, operational improvement and team development. Email:


    view all job wanted ads at:




Needs Your Help--Info on   EXCEL , Florida ----


“The Case on EXCEL Investment Group is being handled by

the Florida Dept. of Financial Services, Bureau of Financial regulation.  The Top Investigator is Mike Lipsitt (305) 810-1106.


“ HE WANTS TO HEAR FROM ALL THE OTHER BROKERS who had customers fall prey to them.


“ It is a HUGE case now and this Investigator has been on the case for

weeks and weeks.  He knows the whereabouts of Peter Gonzales( principal at

Excel.)  Peter went up the road to an office called Lyon Financial in Miami.  I have the address and phone number, but the Investigator is "watching him" and they only want cooperation from all of us in the form of a formal complaint in writing with any supporting documentation.


“This can be faxed direct o Mike Lipsit at (305) 810-1100.


“I have sent him all my stuff already, and he's hoping to see more from everyone. 


“Kit - could you post this so the Word gets out ???  Thank you.”


Rosanne Wilson, President

1st Independent Leasing, Inc.

Rosanne Wilson, President

1st Independent Leasing, Inc.

"Equipment Leasing Specialists"

(800) 926-0851




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







SUPERIOR, CO, -- Key Equipment Finance, one of the

nation's largest bank-held equipment financing companies, has announced

that Bryan Potthoff has been named executive vice president, North America,

within Key's global vendor services business. In this role Mr. Potthoff

will have day-to-day operational responsibility for Key's largest vendor

leasing business unit. Prior to this announcement, Mr. Potthoff led Key

Equipment Finance's global development and support of vendor equipment

financing programs in the company's European region. He and his family have

returned to the Boulder, Colorado, area, home of Key Equipment Finance's

worldwide headquarters, after a two-year assignment in the United Kingdom.


 "Bryan has been instrumental in the development of many of our existing

vendor programs and the unique structures that support them," said Karen L.

Larson, president and chief operating officer, Key Equipment Finance,

global vendor services. "Bryan's contributions to Key have been

significant, and in his new role, he will bring the North American business

unit new focus and leadership."


Mr. Potthoff joined Key Equipment Finance (then Leasetec Corporation) in

1991 as director of treasury and banking relationships. He was promoted to

treasurer in 1997 and to vice president in 1998. In 2000 he was named

senior vice president, risk management and treasury. In February 2002 he

became executive vice president of the European region. Prior to joining

Key, Mr. Potthoff held the position of vice president for First Interstate

Bank in Denver, Colorado.


Mr. Potthoff earned his bachelor of science degree from the University of

Colorado in Boulder, Colorado, where he graduated with honors. He then

earned his MBA with an emphasis in corporate finance from the University of

Southern California in Los Angeles, California.


Key Equipment Finance is an affiliate of KeyCorp (NYSE: KEY) and provides

business-to-business equipment financing solutions to businesses of many

types and sizes. They focus on four distinct markets:

·     businesses of all sizes in the U.S. and Canada  (from small business

to large corporate);

·     equipment manufacturers, distributors and value-added resellers


·     federal, provincial, state and local governments as well as other

public sector organizations; and

·     lease advisory services for manufacturers' captive leasing and

finance companies.


Headquartered outside Boulder, Colorado, Key Equipment Finance oversees an

$8.7 billion equipment portfolio with annual originations of approximately

$3.5 billion. The company has major management and operations bases in

Toronto, Ontario; Albany, New York; London, England; and Sydney, Australia.

The company, which operates in 24 countries and employs more than 600

people worldwide, has been in the equipment financing business for 30

years. Additional information regarding Key Equipment Finance, its products

and services can be obtained online at


Cleveland-based KeyCorp (NYSE: KEY) is one of the nation's largest bank-

based financial services companies, with assets of approximately $85

billion. Key companies provide investment management, retail and commercial

banking, consumer finance, and investment banking products and services to

individuals and companies throughout the United States and, for certain

businesses, internationally. The company's businesses deliver their

products and services through KeyCenters and offices; a network of nearly

2,200 ATMs; telephone banking centers (1.800.KEY2YOU); and a Web site,®, that provides account access and financial products 24 hours a




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


Rabobank to Acquire Ag Services of America, Inc.; Rabobank Continues Its Expansion of US Agri-Business Finance


(( offers leasing and vendor financing))


NEW YORK & UTRECHT, Netherlands----Rabobank International, the corporate and investment banking arm of The Netherlands-based Rabobank Group,  announced that it has entered into an agreement to acquire Ag Services of America, Inc. (NYSE:ASV).


   Under the terms of the agreement, Rabobank would purchase 100 percent of the shares of Ag Services of America. Ag Services of America shareholders will receive value equivalent to US$8.50 in cash for each Ag Services of America share, a premium of 39 percent over the closing price of $6.12 on October 31, 2003. This price values the total issued shares of Ag Services of America at approximately $47 million. Rabobank plans to finance the transaction from existing funds.


   Ag Services of America, Inc., based in Cedar Falls, Iowa, is a supplier of crop production financing to primarily corn and soybean growers in the U.S. Ag Services also administers financing programs for suppliers, manufacturers and distributors in the agricultural industry in addition to providing ancillary services such as crop insurance and grain marketing programs. The company employs approximately 115 people in Cedar Falls and throughout the U.S. Ag Services of America has originated approximately $265 million in loans for the current crop year.


   The acquisition has been approved by the boards of directors of both Rabobank International and Ag Services of America. The sale is expected to close on or about December 31, 2003, subject to approval by Ag Services of America's shareholders and the Dutch Central Bank.


   Rabobank said that its acquisition of Ag Services of America builds upon its strategy of exporting its core competencies in retail banking and agricultural lending from its home market of The Netherlands to the most promising markets around the world. This acquisition will broaden and deepen Rabobank's capabilities and geographic reach in the U.S. to the agricultural sector.


   Following the closing of the sale, Ag Services of America will be renamed Rabo Ag Services of America. Ag Services of America will largely retain its current structure. Ag Services of Americas' current CEO Kevin Schipper will retain his current position leading the new subsidiary of Rabobank International. During the transition and following the close of the sale, Ag Services of America will continue to provide credit products and services to its clients seamlessly and without interruption.


   Cor Broekhuyse, Regional Head of the Americas for Rabobank International, said, "We are very pleased about the acquisition of Ag Services, which complements our previous investments in VIB Corp and Lend Lease Agri-Business (now Rabo Agrifinance). With this acquisition we will be able to deliver all the short and long term financing products that our farming clients need."


   Kevin Schipper, Chief Executive Officer of Ag Services of America, said, "We are excited to become a part of Rabobank, a group that closely represents the ideals and dedication to agriculture that we have based our company on for 18 years. Becoming a part of a global agricultural network with immense resources and financial stability will enhance our business and allow us to develop even more competitive products and services to meet the growing needs of commercial producers." 


   About the Rabobank Group 


   The Rabobank Group ( is a broad financial services provider. Its cooperative foundation has given it a clear customer focus. All the divisions of the Group work in close cooperation in order to jointly offer customers the best possible price-quality ratio and a wide range of financial services and products, such as payment, saving, lending, insuring and investing. The Group consists of 341 independent local cooperative Rabobanks and encompasses specialized subsidiaries and entities such as De Lage Landen (leasing and vendor financing), Gilde Investment (Venture Capital), Interpolis (insurance), Rabobank International (corporate and investment banking) and Robeco (asset management). The Group is represented internationally with 169 locations in 34 countries. The Rabobank Group has received the highest credit rating from Moody's and Standard & Poor's. The Rabobank Group has over nine million private and business customers and is market leader in The Netherlands in virtually every area of financial services. 


   About Ag Services of America, Inc. 


   Ag Services of America, Inc. ( is one of the leading providers of crop input financing and agricultural services to primarily corn and soybean growers in the central U.S. The Company offers competitive and flexible financing packages through its primary product, AgriFlex Credit(R). The Company also administers additional financing programs for various suppliers, manufacturers and distributors in the agricultural industry and provides ancillary services such as crop insurance and grain marketing. 


   Additional Rabobank Group Information 


   U.S. Operations 


   The Rabobank Group's U.S. banking operations, Rabobank International USA (, offer corporate and investment banking services, primarily in the food and agriculture industry, through offices in New York, Atlanta, Chicago, Dallas and San Francisco. Through Valley Independent Bank (, Rabobank offers retail banking services in California. Rabo Agrifinance (formerly Lend Lease Agri-business) services farmers real-estate financing needs across the U.S. DLL USA, another U.S. member of the Rabobank Group, ( offers leasing and vendor financing, and Robeco ( offers a wide range of investment and advisory products through its subsidiaries Weiss, Peck & Greer, Harbor Capital and Sage Capital. 




   Rabobank Group 


   --  Mr. Bert Heemskerk, Chairman of the Executive Board of         Rabobank Group 


   --  Mr. Rik J.M.G van Slingelandt, Member of the Executive Board         of Rabobank Group; Chairman, Rabobank International 


   Rabobank International (USA) 


   --  Mr. Cor Broekhuyse, Executive Vice President, Regional Head of         the Americas 

financial Summary


                         2002              2002           Change from 


                  (in EUR millions) (in USD millions)        2001


Net Profit:             1,250             1,197               +4%


Total Income:           8,564             8,199               +2%


Total Assets:         374,720           358,770               +3%




   The Rabobank Group has received the highest credit rating from Moody's and Standard and Poor's for more than 15 years.


CONTACT:Gavin Anderson Krista Ruhe, 212-515-1971



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


Merger Between Mid-State Bank & Trust and Ojai Valley Bank Completed


  (services include business equipment leasing)


OJAI, Calif.---Officials from Mid-State Bancshares (Nasdaq:MDST) and Ojai Valley Bank signed documents on Friday, October 31 to officially complete the merger between the two companies. Ojai Valley Bank will merge into Mid-State Bank & Trust, the wholly-owned subsidiary of Mid-State Bancshares. The merger gives Mid-State Bancshares a total of $2.2 billion in assets.


   "One of the things that made this merger so attractive to both banks is that we have a similar philosophy of providing premium, friendly service," said James W. Lokey, Mid-State Bank & Trust president and chief executive officer. "We have retained Ojai Valley Bank's front line staff, so customers will continue to be served by the same friendly professionals they always have. Both banks have a tradition of community involvement and we plan to continue the close relationship Ojai Valley Bank has had with the community here."


   The merger will give Mid-State Bank & Trust two new offices in Ventura County -- one in Ojai and one in Oak View -- for a total of nine offices in Ventura County and 41 offices bank wide.


   "We will be better able to serve our current customers who live in the Ojai area and work in Oxnard and Ventura," said Lokey. "Ojai Valley Bank customers will have seven more locations to bank at in Ventura County and will have access to many products and services for the first time." These products and services include mortgage loans and refinancing, personal and business debit cards, trust administration, investment management, business equipment leasing, and electronic cash management. In addition, Mid-State Bank & Trust can provide larger commercial loans to business customers.


   "Ojai Valley Bank has served this area well for 30 years and it is important to us that we maintain that level of local service," said Lokey. "Lending decisions will continue to be made locally and money deposited in our bank will be invested back into the community through loans to local residents and businesses."


   The $23.7 million deal was approved by Ojai Valley Bank shareholders at a special meeting on October 23, 2003. Shareholders will receive either Mid-State Bancshares stock, cash, or a combination of stock and cash, equivalent to $80.16 per share.


   Ojai Valley Bank was founded in 1973. It had $88.4 million in assets as of June 30, 2003 and had a net income of $1.1 million in 2002. It received the highest rating in 2000, 2001, and 2002 from The Findley Reports, the leading bank analyst on the West Coast.


   Mid-State Bancshares is a $2.2 billion holding company for Mid-State Bank & Trust, an independent, community bank serving California's San Luis Obispo, Santa Barbara, and Ventura Counties. Since opening its doors in 1961, the Bank has grown to 41 offices serving more than 100,000 households.


CONTACT:Mid-State Bancshares James G. Stathos, 805-473-6803 Web site:


SOURCE: Mid-State Bancshares



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


Fitch Upgrs Pacific Northwest Bancorp's Rtgs Following Acquisition by Wells Fargo


Fitch Ratings-3: Wells Fargo & Company (WFC) announced today the completion of its acquisition of Pacific Northwest Bancorp (PNWB). Following this announcement, Fitch Ratings has upgraded the ratings of Seattle-based PNWB and its banking subsidiary, Pacific Northwest Bank, to coincide with WFC's ratings ('AA' senior, Stable Outlook). PNWB's ratings are removed from Rating Watch Positive where they were placed following the May 19, 2003 announcement of the acquisition. A list of Pacific Northwest Bancorp's ratings is provided at the end of this release.


The acquisition expands WFC's existing franchise in Washington and Oregon adding approximately $2.9 billion in assets and 57 branches. Many members of PNWB's highly regarded management team, in place since 2000, have assumed senior positions in the region for WFC. The systems and product integration is expected to be completed in 2Q04.



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



Leasing Industry Help Wanted



Credit: Well established, highly respected funding source seeks experienced credit officer for unique broker oriented small ticket leasing operation located in San Diego,CA.

About the Company:


Documentation/Credit--customer service, general office, part-time to full-time, computer knowledge necessary, looking for a bright, fun person for small staff in Santa Clara, California fax resume 800-727-3851 or e-mail:

About the Company: American Leasing is a 32 year old lessor/broker with mostly repeat business.

Stable funding source seeks experienced leasing representative; book of business required; remote office capability; send resume to and reference leasingnews in subject line.

SALES: Los Angeles, CA. Successful leasing company in business 10+years seeking experienced sales professional in vendor programs.Generous commissions,benefits and growth potential.


Seeks experienced small ticket B2B leasing sales professionals in the western U.S. Very generous commission sharing with salary draw and benefits. Resumes





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


 Fitch Places ORIX Special Servicer Ratings on Rating Watch Negative



Fitch Ratings-New York-: Fitch Ratings places ORIX Capital Markets (ORIX) special servicer rating on Rating Watch Negative due to strategies it employs to work out troubled loans. In Fitch's opinion, ORIX's special servicing strategies are more consistent with the practices of a Fitch rating of 'CSS2' or 'CSS3' than their current Fitch 'CSS1' rating.


'ORIX often pursues resolution of perceived errors or loopholes in loan or deal documents by initiating aggressive litigation,' said Stephanie Petosa, Senior Director, Fitch Ratings. 'This strategy presents a higher risk to the financial interest of the certificate holders.'


Fitch servicer ratings take into account not only operational competency, but the methods and strategies servicers employ when conducting their business. While Fitch views ORIX to be an overall capable special servicer, the litigation strategies the company is employing on certain assets present high risks to the financial interest of the trusts. While the legal pursuit of claims could yield superior returns, the strategy presents a risk of producing very significant losses. Therefore, the ORIX special servicer rating of 'CSS1' is placed on Rating Watch Negative.


Contact: Stephanie Petosa +1-212-908-0720 or Susan Merrick +1-212-908-0725, New York.



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


Orix Motivation Posters---Reaction


The ORIX motivational posters was a classless gesture on the part of Leasing



Eric Gross

Director of Sales and Marketing

Portfolio Financial Servicing Company

2121 SW Broadway

Portland, OR 97201

Direct (503) 721-3226

Fax (503) 274-0439


(You are entitled to your opinion.  Sometimes humor is to close to fact and

the receiver doesn’t appreciate it.  By the way, who ever said we had “class?”

We’re “street fighters” and proud of it. editor )




What a riot....!!!

I have been laughing all morning.....

Next time maybe they will talk to you!!!!!

Please get me signed up for a paid subscription....


 (name with held on request, a present Orix employee)



I am confused by the critical comment of Eric Gross about your publishing

the "Orix Motivational Posters."  Parody has been a mainstay of American

journalism since our pre-revolutionary days.  Certainly Orix's refusing to

respond to your queries makes them fair game.


Given their capacity to mistreat terminated management employees, your jibe was particularly fitting. 


Thanks for the laugh -- and the message.


Barry Reitman

Keysone Equipment Leasing, Inc.

Winner of the 2002 Jimmy Award for Cub Reporting

(Many of your readers are probably unaware that there even was any reporting

about cubs in 2002.  After all, they weren't Pennant contenders until this

year. )




I have to admit that I laughed out loud at the power point, without really

thinking about Orix until  Mr. Gross made the comment.


I can certainly understand a lack of a sense of humor in situations where

the "joke" is at someone's expense, but really the power point would have

been funny WITHOUT associating it to Orix and current events there.

My impression is that Mr. Gross was addressing the fact that Leasing News

took a shot at Orix by publishing the PPT and "dedicating it" to Orix.


Class would have been: Leasing News not taking the shot.

Class would have been: Orix returning your calls.


Two wrongs don't ever make a right, but two things are true, three that I

stand by.


1) The Power Point was funny.(and I needed the laugh)

2) Orix did not return your calls.

3) Mr. Gross is upset that Leasing News published the PPT


This is a news publication, that has entertained it's readers for some time.

It is regrettable that news and humor can offend but it is the nature of



You can't please everyone.





Fred St Laurent

Managing Director


1303 Hightower Trail, Suite 150

Atlanta, GA 30350

office:    770.668.0000 x14

fax:         202-318-4279 <> <>


"Performance Recruiting Delivers Exceptional Talent"





I just wanted you to know that you are on the right track...


You should do some digging into why Jay was cut loose this way... he didn't get the usual treatment...


The only people that I know, who know what is really going on are managers.


You won't have much luck there because of the threats being made.


This leads me to believe that there is a real story here... more than just the changes in leadership...


Name With Held 

(an “insider” and therefore can’t reveal his name.)




I saw the Monitor story and can sum it up in ONE WORD:




This was written by a recruiting firm, NOT a newsworthy source. The Monitor is just a “bully pulpit” for their clients. I do not consider them a News Source. They repeat information published elsewhere OR they will

make announcements for their clients, spin doctors if you will, for hire.


 (I prefer the Wall Street Journal or better yet for real financial news&. and of course Leasing News for leasing information&)


Let's talk about the article. When discussing Jay Holmes departure; if as Mr. Corr stated:


These objectives were achieved, and both the organization and our customers will now benefit from a redesigned structure. We thank Jay for his contribution to ORIX, for the culture he built here, and for the many fine people he brought into the organization." 


'Why didn’t they ask the tough question? Why was Jay let go in the first place? Am I to believe that Jay left BECAUSE he did a good job and he achieved his objectives? AND THE WAY he was let go! Why was it not done as others have been transitioned out? This was abrupt, cold, calculated and in the night&. NOT what we normally see & ORIX does not let managers go in this way, as a normal practice.


They are not talking about WHY Jay is gone. No comment.


No Kit, this was NOT a news story in the Monitor and they certainly didn’t scoop you


This was just marketing. They did NOT ask the tough questions, so there were NO answers& ORIX will not call you back, because YOU ask the tough questions.


Confidentially yours,







I have watched all of the comments about Orix over the past couple of weeks with quite a bit of interest.  We did a fair amount of business with Orix when Steve Geller was running the broker division in Orangeburg.  Steve was always a great guy to work with and always worked hard to put a deal together.  As I recall he always looked out for the company and negotiated hard to get Orix the best rates, terms and risk profile while still giving us what we needed to close the deal.


After Steve left, like most funding sources that decide third party business is no longer viable, we lost all contact with Orix. Not because we wanted to but because they simply did not respond to us after everything moved to Atlanta.  This was despite the fact that we were still owed tens of thousands of dollars in hold backs and commissions that remain unpaid until this day.  We were considering legal action against Orix but, given the recent turn of events, that would probably be an exercise in futility.  In our particular instance their collection procedures were woefully inadequate, they had valuable equipment that was never repossessed and disposed of properly and their own documentation demonstrates that they made modifications to a customer's lease even when it appeared that none were warranted. Someone there acted either out of stupidity or sheer greed.  We never had any such experience when we worked with Steve Geller and his group.


Given Orix's long history of success I chalked it up to a bad break for Steve Geller and LeaseNOW.  From the comments in Leasingnews it appears that many were victimized by the management team and the changes they made at Orix. 


I do have one question that maybe leasingnews readers can answer. If I remember correctly Mr. Holmes has a "hand picked" team that travels with him wherever he goes.  What has become of them?  This is not the first time that Mr. Holmes has gone to a company, "accomplished his objectives" and then left.  As I recall, this is somewhat of a specialty with Mr. Holmes and his team.  Did he not get his start many years ago here in Pittsburgh with Westinghouse Credit?  Is this the same guy or could there be more than one Mr. Holmes that fit that description? 


Bob Rodi, CLP


LeaseNOW, Inc.

1-800-321-LEASE (5327) x101









News Briefs---


    Construction Surges to Record in September –Fastest since 2000


    Factory Growth Accelerates in October


    Chip sales rise 17% in September


    Companies seek gains by investing more in tech


    Automakers Optimistic for Rest of 2003


    NACM "Credit Manager's Index Highest Since Feb.2002


    Fundraising Remains Slow in Q3—NVCA Full Report


    Jobs Still Missing From Economic Recovery


    Borrowing plan would be largest amount ever for a quarter


    Southern California Fires Contained


    Fires take huge toll on California's economy


    Luxury home sales rising in Silicon Valley, California




California Nuts briefs----


    Schwarzenegger team considering spending cap, huge bond issue


    Gov.-elect names finance chief Riordan to be education secretary


    President .Bush will tour fire w/Gov. Gray Davis and

    Gov.-elect Arnold Schwarzenegger.





"Gimme that Wine"


    Gil Nickel, Chaine des Rôtisseurs member, wine maker,

    opened his house and winery for us many times, will

    be missed; he had it all, but his health.,1145,2228,00.html




This Day in American History


          1646 -The Massachusetts Bay Colony passed a law making it a capital offense to deny that the Bible was the Word of God. Any person convicted of the offense was liable to the death penalty.

          1862-The Gatling gun, designed by Richard Jordan Gatling, was given a patent. Its chief feature, six barrels revolving around a central axis, permitted high rates of fire.  The first gun was, which fired 250 shots a minute, was made in Indianapolis. It was not employed by Union forces for over two years, first utilized in the siege of Petersburg, Virginia in the 1864-65 battles. The military did not know how to utilize the new weapon and the general was later demoted. It was later utilized successfully

by the military in the West against American Indians who had bows and arrows, (a few

had captured rifles but had no ammunition.)

       1873- Dentist John Beers of San Francisco patents the gold crown

        1898- The first church to bear the Pentecostal Holiness name was organized at Goldsboro, NC, under the leadership of Methodist evangelist Ambrose Blackman Crumpler, 35.

        1864-Battle of Johnsonville, Tennessee. In the summer of 1864, Sherman captured Atlanta, and by November he was planning his march across Georgia. Meanwhile, the defeated Confederates hoped that destroying his line would draw Sherman out of the Deep South. Nobody was better at raiding than Forrest, but Union pursuit had kept him in Mississippi during the Atlanta campaign. Johnsonville was an important transfer point from boats on the Tennessee River to a rail line that connected with Nashville to the east. When Sherman sent part of his army back to Nashville to protect his supply lines, Forrest hoped to apply pressure to that force. Forrest began moving part of his force to Johnsonville on October 16, but most of his men were not in place until early November. Incredibly, the Union forces, which numbered about 2,000, seem to have been completely unaware of the Confederates just across the river. Forrest brought up artillery and began a barrage at 2 p.m. on November 5. The attack was devastating. One observer noted, "The wharf for nearly one mile up and down the river presented one solid sheet of flame." More than $6 million worth of supplies were destroyed, along with four gunboats, 14 transports, and 20 barges. General George Thomas, commander of the Union force at Nashville, had to divert troops to protect Johnsonville.  After the raid, Forrest's reputation grew, but the raid did not deter Sherman from embarking on the March to the Sea, his devastating expedition across Georgia.

         1879-Birthday of Will Rogers, American writer, actor, humorist and grassroots philosopher, born at Oologah, Indian Territory ( now Oklahoma).  With aviator Wiley Post, he was killed in an airplane crash near Point Barrow, AK, August 15, 1935.  “ My forefathers, “ he said, “didn’t come over on the Mayflower, but they met the boat.”

        1879-African-American T. Elkins patents the refrigerating apparatus.

        1884-Grover Cleveland was elected president of the United Sates; Thomas A. Hendricks was elected vice-president. The electoral vote was Cleveland, 219; James G. Blaine, Republican of Maine, 182.   The popular vote was Cleveland 4,911,017; Blaine 4,848,334.  In congressional elections, the Republicans gained five seats in the Senate to gain a 43-34 majority. In the House, the Republicans gained 22 seats, but the Democrats held a 183-140 majority.  Robert M. La Follette, ‘Republican of Wisconsin, was elected to his first term in the House of Representatives.  A celebrated presidential campaign slogan aimed at Grover Cleveland was, “Ma,Ma, where’s my Pa?---a reference to Cleveland’s admission that he fathered a child out of wedlock. To this query the Democrats would reply, “ Gone to the White House, ha, ha, ha.”

       1897- the first Library of Congress building opened its doors to the public. Previously, the Library had been housed in the Congressional Reading Room in the U.S. Capitol.

       1906-Birthday of Robert Bernard “Bob” Considine, sportswriter and author, born at Washington, DC.  Considine parlayed some early success as a tennis player and a job as a federal government clerk into a career as a sportswriter. He covered baseball starting in 1933 and soon became a columnist for the Hearst newspapers. He branched out into politics and national affairs and served as a war correspondent during World War II.  He wrote or coauthored more than 25 books, including the screenplay for “Pride of the Yankees,” the film biography of Lou Gehrig, Died at New York, NY, Sept 1, 1975.

        1916-Birthday of Walter Leland Cronkite, Jr., journalist, former anchor for “CBS Evening News, Born St. Joseph, MO.

       1918-Birthday of  Art Carney, actor ( Oscar for “Harry and Tonto; six Emmys for “The Honeymooners.”, born Mount Vernon, NY.

       1919-Birthday of bass player Joe Benjamin, Atlantic, City, NJ

        1922—Birthday of pianist Ralph Sutton, Hamburg, MO,,499089,00.html?artist=Ralph+Sutton

        1924 - Calvin Coolidge was elected to the top office of the United States. Coolidge was already in the office of president having to complete Warren G. Harding’s term (Harding died in office). The electoral vote was Coolidge 382; John, W. Davis, Democratic candidate, 13.  The popular vote was Coolidge 15,725,016; Davis 8,385,503, La Follette, 4,822,856.  The huge Republican victory in the presidential election was anticipated The Democrats had torn themselves apart in a struggle for the nomination.  Gov. Alfred E. Smith of New York represented the East and the big cities, and William G. McAddo of Tennessee, the southern and western parts of the country. The eventual nominee was John W. Davis, an able man but almost unknown to the voters.  The Republicans, on the other hand, could point with pride to Calvin Coolidge and a record of prosperity.  The Democrats tried to make much of the scandals of the Harding administration but failed to stir the electorate.  In fact, despite a strong third party in the field, only about half of those eligible to vote did so.

        1924-The first woman governor was Nellie Taylor Ross, Wyoming, elected to fill the unexpired term of her late husband, William Bradley Ross. From 1933 to 1935, she served as director of the Mint, the first woman to do so.

       1926-Birthday of percussionist Carlos “Potato” Valdez, Havana, Cuba

       1928-Arnold Rothstein, New York's most notorious gambler is shot and killed during a poker game at the Park Central Hotel in Manhattan. After finding Rothstein bleeding profusely at the service entrance of the hotel, police followed his trail of blood back to a suite where a group of men were playing cards. Reportedly, Rothstein had nothing good in his final hand.
 In the 1920's, Rothstein began purchasing nightclubs, racehorses, and brothels. He had such a formidable presence in the criminal underworld that he was reportedly once paid half a million dollars to mediate a gang war. As Rothstein's fortune grew to an estimated $50 million, he became a high-level loan shark, liberally padding the pockets of police and judges to evade the law. He is fabled to have carried around $200,000 in pocket money at all times.
Rothstein's luck finally ran out in 1928 when he encountered an unprecedented losing streak. At a poker game in September with "Hump" McManus, "Nigger Nate" Raymond, and "Titanic" Thompson, Rothstein lost a cool $320,000 and then refused to pay on the grounds that the game had been rigged. Two months later, McManus invited Rothstein to play what would be his final poker game. Police were never able to identify Rothstein's murderer. Asked who had shot him before dying, Rothstein reportedly put his finger to his lips and kept the gangsters' code of silence.

        1928-Birthday of drummer Larry Bunker, Long Beach, CA.

       1936- Future U.S. Senate Chaplain Rev. Peter Marshall, 34, married Catherine Wood, 22. Following Peter's premature death at age 46, Catherine immortalized his name through her 1951 best selling biography, "A Man Called Peter."

        1939-The Packard Motor Car Company, Detroit, publicly exhibited the first air-conditioned car at the 40th Automobile Show, Chicago, IL. Air in the car was cooled to the temperature desired, dehumidified, filtered, and circulated.  The refrigerating coils were located behind the rear seat in tan air duct, with heating coils into another compartment of the same duct.  The capacity of the unit was equivalent to 1.5 tons of ice in 24 hours when the car was driven at 60 miles per hour, or 2 tons at 80 miles per hour. The invention was first offered to the Ford Motor Company,

invented by the Greenberg Brothers. It was a sweltering August day when the three Greenberg Brothers entered the posh Dearborn, Michigan offices of the notoriously anti- Semitic carmaker, Henry Ford.

"Mr. Ford," announced Hyman Greenberg, the eldest of the three, "we have a remarkable invention that will revolutionize the automobile industry."

Ford looked skeptical, but their threats to offer it to the competition kept his interest piqued. Hi Greenberg continued, "We would like to demonstrate it to you in person." After a little cajoling, they brought Mr. Ford outside and asked him to enter a black car that was parked in front of the building. Norman Greenberg, the middle brother, opened the door of the car.

"Please step inside, Mr. Ford." "What!" shouted the tycoon, "are you crazy? It must be one hundred degrees in that car!" "It is," smiled the youngest brother, Max, "but sit down, Mr. Ford, and push the white button." Intrigued, Ford pushed the button. All of a sudden a whoosh of freezing air started blowing from vents all around the car, and within seconds the automobile was not only comfortable, it was quite cool! "This is amazing!" exclaimed Ford.

"How much do you want for the patent?" Norman spoke up. "The price is one million dollars." Then he paused, "And there is something else. We want the name 'Greenberg Brothers Air Conditioning' to be stamped right next to the Ford logo." "Money is no problem," retorted Ford, "but no way will I have a Jewish name next to my logo on my cars!" They haggled back and forth for a while and finally they settled. One and one half million dollars, and the name Greenberg would be left off. However, the first names of the Greenberg brothers would be forever emblazoned upon the console of every Ford air conditioning system. And that is why today, whenever you enter a Ford vehicle you will see those three names clearly defined on the air-conditioning control panel:  Max-Hi-Norm

       1946-Birthday of Laura Bush, First Lady, wife of President George W. Bush, born Midland, TX.

       1946-UNESCO, the United Nations Educational, Scientific and Cultural Organization formed.

    .  1949-“One Man’s Family” premiered on TV.  This series occurred at the same time as the popular radio continuing drama, in the first season, the cast included Bert Lytell as Henry Barbour, a wealthy San Francisco stockbroker and Majorie Gateson as his wife Fanny. Also included were Eva Maria Saint and Tony Randall.  The second time the show came to TV it was a 15-minute serial and had an entirely new cast.

        1951—Top Hits
Because of You - Tony Bennett
I Get Ideas - Tony Martin
Down Yonder - Del Wood
Slow Poke - Pee Wee King

       1952 - America said, “I Like Ike”. The Dwight D. Eisenhower/Richard M. Nixon ticket won a sweeping (55%-44%) victory over Democrat Adlai E. Stevenson and running mate John J. Sparkman. Eisenhower was the 34th president of the U.S. The electoral vote was Eisenhower, 442, Gov. Adele E. Stevenson, Democrat, 89. The popular vote was Eisenhower, 36,938,285; Stevenson 27,312,217; Vincent Hallinan, Progressive, 140,138.  The Republicans gained one Senate seat for a 48-47 majority with one seat going to a minor party.  In the use, they gained 22 seats for a 221-211 majority, one seating to a minority party. On Election Day, 1952, UNIVAC, the world's first commercially available electronic computer, predicted a landslide for Eisenhower in his presidential race against Adlai Stevenson. In a test televised by CBS, the computer used early returns from key states to predict the election, based on voting patterns from 1944 and 1948. However, the computer's predictions were radically different from polls taken by Gallup and Roper, which predicted a close race, and the computer's programmers made adjustments so that the computer's first broadcast prediction corresponded more closely to the polls. Only an hour after the polls had closed with less than ten percent of the votes had been counted , the CBS TV Network, which employed the computer, was able to predict Eisenhower’s landslide victory, trumping human experts who had predicted a close race.  Ironically, the computer's original prediction of 438 electoral votes for Eisenhower and 93 for Stevenson was only off by four votes.  The nation watched with interest as a Republican administration took over the reins of government for the first time in n 24 years.  The most explosive internal problem was Joseph R. McCarthy. Republican of Wisconsin, charging Soviet espionage activities in the U.S. The administration most outstanding success was a peace agreement in Korea. Pres. Eisenhower announced the agreement to a relieved country, but warned , “We have won armistice on a single battleground, but not peace in the world.

         1953-Hulan Jack elected first Black Borough President of Manhattan, NYC.

          1953-“ How to Marry a Millionaire” premiered, starring Marilyn Monroe,  Betty Grable and Lauren Bacall, one of the most popular films with the most beautiful women, about three women who’s goal in life was to marry a rich man. The ending: love triumphs over all, and to the surprise of

all, the richest man of the group.

        1954 - Florence Henderson, who was all of 20 years old, joined with Ezio Pinza and Walter Slezak in "Fanny". The show lit up Broadway 888 times.

        1958-African-American Shirely Verrett, world renowned opera singer, makes her debut in New York City.

       1954 -Philadelphia A's move to Kansas City

        1959—Top Hits
Mack the Knife - Bobby Darin
Mr. Blue - The Fleetwoods
Put Your Head on My Shoulder - Paul Anka
The Three Bells - The Browns

        1962 - Bob Dylan gave his first major concert outside of Greenwich Village. The Carnegie Hall solo appearance was not well attended.

       1967—Top Hits
To Sir with Love - Lulu
Soul Man - Sam & Dave
It Must Be Him - Vikki Carr
You Mean the World to Me - David Houston

       1968- Shirley Chisholm became the first black woman elected to the House of Representatives.

        1970-King Peter II of Yugoslavia became the first European king to be buried in the United Sates.  His Serbian name was Petar Karadjordjevic.  He became King on October 11, 1934.  He left Yugoslavia in 1941 after it was invaded by Germany, and headed the exiled Yugoslav government during World War II. After 1945, when Yugoslavia became a republic, he lived in New York City.

       1973 - The Chicago Bears set a National Football League record by holding the Green Bay Packers to a minus 12 yards pass

       1975—Top Hits
Island Girl - Elton John
Lyin’ Eyes - The Eagles
They Just Can’t Stop It (Games People Play) - Spinners
(Turn Out the Lights And) Love Me Tonight - Don Williams

       1976-Major league baseball held its first draft of a players who had declared themselves free agents. 24 players from 13 clubs were available for selection. Reggie Jackson eventually signed the most lucrative contract in this group, $2.9 million over five years, to play with the New York Yankees.

       1979- 500 Iranians seized the US Embassy in Teheran, taking some 90 hostages, of whom about 60 were Americans.  They vowed to hold the hostages until the former Shah, Mohammed Reza Pahlavi ( in the US for medical treatments ) was returned to Iran for trial.  The Shad died July 27, 1980, in an Egyptian military hospital near Cairo.  The remaining  ( 52) American hostages were released and left Teheran on January 20, 1981, after 444 days of captivity. 

       1980 - Republican Ronald Reagan won the White House defeating President Jimmy Carter. Reagan was the 40th President of the U.S., carrying 44 states winning by a landslide (489 electoral votes to Carter’s 49). The popular vote was Reagan, 42,797,153; Carter 34, 424,100, John Anderson, independent candidate 5,533,927.  In congressional elections the Republicans picked up 12 Senate seats for a 53-46 majority, with one independent seat.  In the House, the Democrats lost 33 seats but kept a majority of 242-192, with one seat going to an independent... January 20, as Ronald Reagan was being inaugurated, Iran released the 52 captives seized at the U.S. embassy in Teheran, in Nov. 1979 ,  thus ending the Iranian hostage crisis. The Oakland Raiders won Super Bowl XV, defeating the Philadelphia Eagles 27-10. Divorce in 1981 hit a record 1,210,000, the government reported.

        1980- Japan's all-time HR hitter, Sadaharu Oh, retires from professional baseball. The Tokyo Yomiuri Giants' first baseman hit a record 868 home runs in his 22-year playing career.

        1981-“The Fall Guy” premiered on TV.  An hour-long adventure series, the story centered around a Hollywood stuntman, Colt Seavers ( Lee Majors) who also moonlighted as a bounty-hunter, catching bail-jumpers.  It also starred Douglas Barr, heather Thomas, Jo Ann Pflug, Marie Post and Negra Volz.  Lee Majors also sang the theme song for the show.

       1983—Top Hits
All Night Long (All Night) - Lionel Richie
One Thing Leads to Another - The Fixx
Telefone (Long Distance Love Affair) - Sheena Easton
Islands in the Stream - Kenny Rogers with Dolly Parton
        1987-  The NBA announces four new franchises; Charlotte and Miami for 1988 ; Minneapolis and Orlando for 1989

        1991 - The Ronald Reagan Presidential Library & Museum was dedicated by five American presidents (the first gathering of five U.S. presidents). Reagan, President George Bush, and former presidents Jimmy Carter, Gerald R. Ford and Richard M. Nixon attended the ceremonies in Simi Valley, California.

        1991—Top Hits
Romantic - Karyn White
Cream - Prince & The N.P.G.
Can’t Stop This Thing We Started - Bryan Adams
Anymore - Travis Tritt

       1993-The NBA Board of Governors accepted a recommendation from the Expansion Committee to award a franchise to a Toronto group headed by John Bitlove, Jr. The team, later named the Raptors, began play in the 1995-96 season.

        2001- In Game 7 of a classic World Series, Arizona rallies for two runs in the bottom of the ninth defeating the Yankees and their usually unbeatable closer, Mariano Rivera, 3-2. The four-year old Diamondbacks, the youngest franchise to win a Fall Classic, ends New York's string of three consecutive World Championships.

        2002- Colorado Rockies right-hander Jason Jennings (16-6, 4.52 ) becomes first member of the Rockies to be selected by the BBWAA as the National League Rookie of the Year. The 24-year old right-hander receives 27 first-place votes from the 32 writers participating in the balloting.


World Series Baseball Champions This Date


2001  Arizona Diamondbacks.








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