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Classified Ads---Senior Credit Officer/Senior Management
Senior Credit Officer experienced in middle- market leasing; structured, vendor and 3rd party to the fortune 1000. Proactive team builder, originations capable with strong work ethic. Email: firstname.lastname@example.org
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: email@example.com
Senior Management: Irvine, CA.
Credit executive, portfolio manager and syndication facilitator. Extensive business building experience in small and mid-ticket operations. Highly innovative. Fortune 100 audit and technology skills. Bottom-line manager.
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. Email:firstname.lastname@example.org
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: email@example.com
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. Email:firstname.lastname@example.org
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: email@example.com
full list of jobs wanted at: http://22.214.171.124/LeasingNews/JobPostings.htm
Alert—American States Leasing—Mark Kerutt
“Vendor contacted me re: Amstat Corporation. Astat failed to fund and then
closed after vendor took default judgment against it. Now the principal,
Mark Kerrutt of Tampa area, has opened a new shop under the name: American
states Leasing. I can't say for sure what the whole story is, but the vendor
is very angry and everyone should check American States out very carefully
Barry S. Marks
BAKER, DONELSON, BEARMAN, CALDWELL
& BERKOWITZ, a Professional Corporation
420 N 20th St., 1600 SouthTrust Tower
Birmingham, AL 35203-5202
firstname.lastname@example.org <mailto:email@example.com> -
205.250.8333 - fax: 205.488.3733\\
### Press Release ###########################
Marlin Business Services Corp. Announces Closing of Initial Public Offering and 660,000 Share Over-Allotment Option
(Last trade: $16.15 at press time.
MT. LAUREL, N.J.----Marlin Business Services Corp. (NasdaqNM:MRLN) announced the closing of its initial public offering of 5,060,000 shares of its common stock for an aggregate price of $70,840,000. The company also announced that the closing included the exercise-in-full of the 660,000 share over-allotment option granted to the underwriters of the offering. Of the total shares sold in the offering, 1,478,745 were sold by selling shareholders and 3,581,255 were sold by the company. The net offering proceeds to the company, after the payment of expenses related to the offering, are expected to be approximately $44.9 million. The company did not receive any of the proceeds from the sale of common stock by the selling shareholders.
U.S. Bancorp Piper Jaffray is the lead manager for the offering and William Blair & Company is the co-manager. Morgan, Lewis & Bockius LLP acted as counsel to Marlin Business Services Corp. Sidley Austin Brown & Wood LLP acted as counsel to the underwriters.
About Marlin Business Services Corp.
Marlin Business Services Corp is a nationwide provider of equipment leasing solutions primarily to small businesses. Marlin finances over 60 categories of commercial equipment, including copiers, telephone systems, computers and certain commercial and industrial equipment. Founded in 1997, Marlin is led by chairman and CEO Daniel P. Dyer and president Gary R. Shivers.
CONTACT:Marlin Business Services Corp. Bruce E. Sickel, 888-479-9111, ext. 4108 firstname.lastname@example.org
### Press Release ##################################
Tuesday---Odds and Ends
Rob Yohe up-date: We asked him how he was doing since his
accident at the United Association of Equipment Leasing Conference
in Portland. It looks like he has not lost his sense of humor, as
this is what he sent us:
ROB YOHE REALLY FALLS FOR UAEL PORTLAND CONFERENCE
. No, it was not a disgruntled funder who pushed me down the stairs. Yes, technically, I broke my hip but according to the doctors any break in that area is considered a broken hip.
Actually where the leg bone connects to the hip is where my fracture occurred
and it was a clean break. While the emergency room doctor was talking to me
about a total hip replacement and a 3 month stay in Portland the orthopedic
department prevailed and decided to pin the leg to the hip. Thank God.
I would like to thank your many readers and all those in the industry
who sent flowers, candy, cards, emails, phone calls and well wishes for a
speedy recovery. It is heart warming to know there are so many caring individuals
in our line of business. I would also like to thank Joe Woodley and the UAEL
staff for their help and assistance in my time of need. There are two
individuals for which mere words cannot express my sincerest appreciation. First,
Stephen Jenkins who was there when I fell and persuaded me that going to the
hospital would be the best thing. I was in tremendous pain and shock but was
probably more embarrassed then anything else. Stephen recognized what was going on
and I am so glad he was there. Secondly, I would like to thank Chuck Brazier who
took time away from the conference, most of Friday, to come to the hospital
making sure I contacted my wife, working with the doctors to see that I was
getting the care I needed and making arrangements for my wife to get to Portland
and set up at the hotel. Both of these wonderful gentlemen went above and
beyond the call of duty and I will forever be grateful.
It has been 6 weeks since my surgery and everything is progressing
nicely. Although it has been hard putting my life on hold. I am now back working
more each day and hope to be fully recovered soon. I am available to take all
phone calls now and am currently working on a couple of portfolio sales. I
currently have a number of buyers looking for portfolios so if anyone is selling
feel free to give me a call.
In addition to portfolio sales I am available to anyone looking to
enter the leasing business or looking to grow their existing business. Kit, as
you know, I am always willing to help any one with my years of experience in the
business quite often free of charge. So much for the self-promotion.
I do sincerely thank all of the well wishes and prayers sent to me
during these trying times.
Robert G. Yohe - Consultant
Specializing in lease portfolio placements
"Helping Friends find Funding from Friends" (TM)
16016 Overbrook Lane
Stilwell, KS 66085
“sure hope that Fred St. Laurent is paying the same job posting fees that other companies are for his "Looking for 'Sharp' Entry Level Leasing Position in LA" article . . . I know that Fred is on the advisory board for Leasing News, and perhaps that grants him certain privileges, but if I were IFC or Jules & Assoc, it would look fishy to me. After all, Fred is a professional recruiter, and he will directly profit from placing anyone who is recommended as a result of this posting.”
( Name With Held at the sender’s request)
(Recruiters do get paid for finding people work, yes. Our motivation here
was to help someone in an “entry level position. “ The e-mail was to me
originally asking me if I knew someone. I did pass the information on,
but the people who were qualified were working in the mortgage industry,
making more than an entry level position, so I thought, why not open
this up to all our readers. I quered both IFC and Jules & Assoc. They
had not complaints. Sorry if it bothered you. Editor)
As an equipment leasing broker (we do not discount) located in California doing business nationwide, do we need to have a California Lenders License?
Union Capital, LLC= email@example.com
(Yes. Anyone involved in any transaction that is not a true lease such
as a rental yard transaction or “tax lease” or “real” operating lease
that will pass the FASB and IRS rules and regulations that does business
in California. Anyone. An independent salesman who is not licensed, should
be; specifically if being paid not as an employee, needs a license---If he or she is an employee of a licensed company, meets all the criteria of an “employee,” then they are working under the company’s license. If the company does not have the license, the individual may also be liable, especially if they are representing
themselves as an officer or appointed agent. If they are independent and not
your employee, you and they can be held liable, and as important, the
transaction be found “null and void.” Don’t take a chance, get a license. editor)
You've made your point repeatedly that CA requires a Finance Lender license. Why not educate the readers on how to obtain one... the steps to take, the surety bonds, who to contact, etc.
( $200 application fee, $100 investigation fee, annual assessment $250+ per location.
You need a clean record, a $25,000 net worth, and provide a bond, $250 a year or
$700 for three years from most insurance agencies plus pay a fee and abide by
all the laws, plus have the recommendation of three licensed individuals or
companies. All requirements and procedures are spelled out on the application.
You can fill out the form yourself and submit. If errors, they
will send back for you to make the corrections.
Here is the application:
in Word format:
Economy Improves As Does Airline Industry
by Jeffrey Taylor
The U.S government reported last month that gross domestic product grew at a very healthy 7.2% annualized rate in the third quarter. So how did airlines do?
Well, some did well, some didn't. The rising tide isn't lifting all boats -- only the ones without leaks.
For example, Continental had a great quarter compared with other large network carriers. Its revenue jumped 8.6% and earned $133 million. Delta, on the other hand, edged up revenue by a paltry 0.7% resulting in a net loss of $164 million.
After going through the numbers, and listening to all of the airline analysts, one concludes that Continental is gaining market share while Delta is losing it.
Continental has been partially insulated from the surge of low-cost competition. In New York, two rivers separate Newark-based Continental from JetBlue Airways and Delta's Song, both of which fly out of New York's Kennedy Airport. In Houston, Southwest has the south airport and Continental has the north, offering a
bit of market segmentation.
Delta, on the other hand, has high costs and little cover, since discounters have landed at the same airports where Delta hubs. In Atlanta, Delta has growing competition from AirTran. At JFK, Delta battles JetBlue with Song. At both airports, Delta is having to learn to live with lower fares and, thus, lower quarterly revenue.
AirTran is expanding in Dallas, where Delta has a struggling hub and may be vulnerable; in January, JetBlue will start flying nonstop from Boston to three cities in Florida -- bread-and-butter Delta routes.
Looking across the industry, the economic rebound is largely being soaked up by the low-cost carriers. JetBlue saw revenue skyrocket nearly 66%, Southwest's revenue increased a very healthy 11%, ATA was up 22% and Frontier's revenue grew 39%.
The question now facing network carriers is whether, after all the cost-cutting and shrinking they have done, can they attract more business travelers and fight back against the surging low-cost carriers?
Experts believe that extracting concessions and cutting costs aren't enough to save these airlines. Network carriers have got to find a way to boost revenue and win back passengers from low-cost airlines that are simply offering better value, and in some cases better service.
### Press Release #################################
PDS Gaming Corporation Reports Financial Results for the Third Quarter 2003
LAS VEGAS----PDS Gaming Corporation (Nasdaq:PDSG), a company that finances, leases and sells gaming equipment for the casino industry and operates Rocky's Casino & Sports Bar in Reno, Nevada, reported its operating results for the third quarter ended September 30, 2003.
For the three months ended September 30, 2003, the Company reported net income of $187,000, or $0.05 per diluted share, compared with a net loss of $324,000, or $0.09 per diluted share, for the three months ended September 30, 2002. The prior year quarter included a loss from discontinued operations of $348,000, or $0.10 per diluted share. Revenues from continuing operations were $14.3 million in the third quarter of 2003 and $7.3 million in the third quarter of 2002. Operating lease rentals increased from $4.0 million in the 2002 quarter to $7.8 million in the 2003 quarter, reflecting higher levels of lease originations consisting primarily of operating leases. Fee income for the third quarter 2003 increased to $2.0 million compared to $760,000 in the year-earlier quarter. The Company completed $31.2 million in originations during the third quarter 2003, compared with $7.5 million in the third quarter 2002.
Revenues from equipment sales and sales-type leases increased to $2.7 million for the third quarter of 2003, compared to $672,000 for the year-earlier quarter, due primarily to higher sales of equipment coming off lease. Interest expense increased by $1.5 million to $3.5 million for the third quarter of 2003, compared to $2.0 million for the year-earlier period, as a result of higher debt levels which financed growth in the portfolio and, to a lesser extent, a higher weighted average cost of funds in the third quarter of 2003.
Casino operations resulted in a pre-tax loss, before depreciation, of $140,000 in the third quarter 2003, compared to a pre-tax loss of $66,000 in the third quarter 2002. The increased loss reflects the continued weakness of the Reno, Nevada gaming market as well as strong competition from Native American casinos operating in Northern California.
For the nine month period ended September 30, 2003, the Company reported net income of $630,000, or $0.17 per diluted share, compared with a net loss of $2.7 million, or $0.72 per diluted share, for the nine months ended September 30, 2002. The prior year period included a loss from discontinued operations of $2.2 million, or $0.59 per diluted share. Revenues from continuing operations were $33.6 million in the first nine months of 2003 compared with $25.6 million in the same period last year. The higher level of revenues in 2003 is primarily the result of significantly higher operating lease rental revenues and fee income in the current year, partially offset by lower revenues from equipment sales and sales-type leases. The Company completed $105.3 million in originations in the first nine months of 2003, compared with $37.4 million in the same period of 2002.
Interest expense increased by $2.4 million to $8.1 million for the nine months ended September 30, 2003, compared to $5.7 million for the year-earlier period, as a result of higher debt levels and, to a lesser extent, a higher weighted average cost of funds in the first nine months of 2003.
Casino operations resulted in a pre-tax loss, before depreciation, of $393,000 in the nine months ended September 30, 2003, compared to a pre-tax loss of $630,000 in the first nine months of 2003. Casino costs in the year-earlier period included one-time pre-opening expenses of $238,000.
PDS Gaming Corporation provides customized finance and leasing solutions to the casino industry in the United States. The Company also operates Rocky's Casino & Sports Bar in Reno, Nevada. PDS Gaming Corporation is headquartered in Las Vegas, Nevada, and its common stock trades on The Nasdaq Stock Market under the symbol "PDSG".
For additional information, please contact:
Peter D. Cleary, President and Chief Operating Officer
of PDS Gaming Corporation, at (702) 736-0700
### Press Release ############################
Business inventories rise by 0.3 percent in September,
hopeful sign for economy
Toys 'R' Us Plans to Close 182 Stores
Tyco Lawyer Tells of Altering a Document in an S.E.C. Filing
take Verizon's buyout offer http://www.boston.com/business/globe/articles/2003/11/18/21600_
Gold solid again as investors bid up prices
Miami Trade Talks Hit Their First Snag
A Lott to be proud of 'D' shines as No. 42 is retired
Whole Lott of love at halftime ceremony
California Nuts Briefs---
Schwarzenegger Takes Oath and Vows End to Divisions
Text of Schwarzenegger's inaugural address http://www.signonsandiego.com/news/politics/20031117-1623-ca-schwarzeneggerinauguration-text.html
Gov. Schwarzenegger hits ground running/ORDERS: Car tax out; freeze on regulations
Schwarzenegger To Order Special Session of Legislature
"Gimme that Wine"
Should Waiters Share Tips with Sommelier on Salary?
Winecentives.com 6050 Dougherty Road, Dublin, Ca. 94568
925-829-3222 or 866-460-9462 Rob Steinbach, CEO, new wine shop with "wine
meeting room" available for events, meetings, get together, reasonable,
new wine shop in Dublin, California; also for those who make wine. Here
is the information about the Wine meeting room
Cost Plus Bargains--If a store is near you:
Louis Jadot Macon Villages Chardonnay $7.99
($11.99 at Safeway, $12 to $14 elsewhere-dry,
true French Chardonnay flavor, to drink today)
Clos Du Bois Chardonnay $6.99 ( great price for "B+" wine
Top Champagne, prices to go up, and these are very good
prices: Veuve Cliquot La Grand Dame $89.99
Louis Roederer cristal $149.99
Top Champagne in blind tastings: California Roederer
Estate Brut $16.99
If they are out, or you want a case, ask for
a "rain check." They will give it to you.
This Day in American History
0003 (BC) According to early Christian theologian Clement of Alexandria (ca.155_ca.220 AD), Jesus Christ was born on this date.
1787-Birthday of Sojourner Truth, abolitionist and orator, born up-state New York. Born into slavery as Isabella Baumfree
1803 -Battle of Vertieres, in which Haitians defeat French. In the battle for independence, a fierce fight took place in the town of Vertieres, where the French army led by Napoleon, was defeated by Haitians. This huge defeat of Napoleon's army led to the end of the war, and to Haiti's eventual march towards independence on 1st January, 45 days later. Black slaves escape to Haiti for freedom.
1820-American Captain Nathaniel Brown Palmer in the “Hero, a sloop of 44 tons, with a crew of six including the captain and the mate, discover Antarctica. His discovery of the Antarctic peninsula
is now called Palmer’s Peninsula. The first American to set foot on Antarctica was probably John Davis, a seal hunter, who went ashore at Hughes Bay on February 7m, 1821. Antarctica had already been seen from a distance by the English explorer James Cook and the crew of his ship, The Endeavor, which circumnavigated the continent between 1773 and 1775.
1825- Susan Lincoln Tolman Mills birthday, educated at Mount Holyoke College, she used the training methods in a school in Hawaii where she taught with her husband. Back in California, the couple opened a school that became Mills College, again using the Mount Holyoke philosophy as well as several of its teachers. At her husband's death in 1884 she was principal and for a time acting president. She was finally named president (after two male presidents) in 1890.
Mills was the first woman's college on the west coast and under her guidance it became one of the major colleges of the nation. In 1991 an effort to convert it to admit men was defeated by the students and it continues to be an all-woman college.
1857- Rose M. Knox “First Lady of Johnstown” born Mansfield, Ohio: within seven years of taking over the management of the Knox Gelatin Company, developed it into a multi-million-dollar firm. On the first day of her management following her husband's death, she locked the back door and ordered everyone from president to janitor to use the front door. She managed the business for more than 40 years, changed its emphasis to nutrition, and made it a real money-maker.
1863-President Lincoln boards a train for Gettysburg, Pennsylvania, to deliver a short speech at the dedication for the cemetery of soldiers killed during the battle there on July 1 to 3, 1863. The address he gave became perhaps the most famous speech in American history. Lincoln had given much thought to what he wanted to say at Gettysburg, but he nearly missed his chance to say it. On November 18, Lincoln's son, Tad, became ill with a fever. Abraham and Mary Lincoln were, sadly, no strangers to juvenile illness: they had already lost two sons. Prone to fits of hysteria, Mary Lincoln panicked when the president prepared to leave for Pennsylvania. Lincoln felt that the opportunity to speak at Gettysburg and present his defense of the war was too important to miss, though. He boarded a train at noon and headed for Gettysburg. Despite his son's illness, Lincoln was in good spirits on the journey. He was accompanied by an entourage that included Secretary of State William Seward, Postmaster General Montgomery Blair, Interior Secretary John Usher, Lincoln's personal secretaries John Hay and John Nicolay, several members of the diplomat corps, some foreign visitors, a Marine band, and a military escort. During one stop, a young girl lifted a bouquet of flowers to his window. Lincoln kissed her and said, "You're a sweet little rose-bud yourself. I hope your life will open into perpetual beauty and goodness."
When Lincoln arrived in Gettysburg, he was handed a telegram that lifted his spirits: Tad was feeling much better. Lincoln enjoyed an evening dinner and a serenade by Fifth New York Artillery Band before he retired to finalize his famous Gettysburg Address.
1865 -- Mark Twain has instant success with his first fictional piece, "The Celebrated Jumping Frog of Calaveras County."
1883- Charles Ferdinand Dowd, a Connecticut school teacher, and one of the early advocates of uniform time, proposed a time zone plan of the US ( four zones of 15 degrees), which he and others persuaded the railroads to adopt and place in operation. It did not become law until March 19,1918, when Congress passed the Standard Time Act, which authorized the Interstate Commerce Commission to establish time zones. It also established "Daylight Savings Time" to save fuel.
1888-The great baseball promoter Albert G. Spalding began his world tour to introduce baseball to the enter world. He, the Chicago White Stockings and a group of all-star players set sail from san Francisco for Honolulu, the first stop on their round-the-world tour.
1909-Birthday of John Herndon “Johnny” Mercer, American songwriter, singer, radio performer and actor, bon at Savannah, GA. Johnny Mercer wrote lyrics ( and often the music ) for some of the great American popular music from the 1930’s through the 1960’s, including “Autumn Leaves, “ “One for My Baby, “ Satin Doll,” “On the Atchison, Topeka, and the Santa Fe,” ‘You mush Have Been a Beautiful Baby,” “Come Rain or Come Shine,” Hooray for Hollywood,” “Jeepers Creepers,” and countless more. Mercer died June 25, 1976 at Bel Air, CA.
1916-Birthday of Jimmy Lyons. jazz disc jockey, founder of the Monterey Jazz Festival, who I worked with at KFRC in the early 1970’s, Peking,
1913 -- Lincoln Deachey performs first airplane loop-the-loop, San Diego.
1918-A National Holiday in Latvia to commemorate the declaration of an independent Latvia. My grandfather was born in Riga, the capital, but had migrated to Europe with his mother and father before the Russian revolution (he was a wine maker, then later a manufacturer of buttons in the United States).
1923-Birthday of Alan Shepard, former astronaut and the first American in space(in 1961).
Shepard was born at East Derry, NY. He was one of the only 12 Americans who have walked on the moon and was America’s only lunar golfer, practicing his drive in space with a six iron. He was awarded the Medal of Honor in 1979. Shepard died near Monterey, CA, July 21, 1998.
1927- Bix Biederbecke cuts first date with Paul Whiteman Orchestra, “ Washboard Blues,” with Hoagy Carmichael, vocal. Victor.
1928-The comical activity of squeaky-voiced Mickey Mouse first appeared on the screen of Colony Theater at New York City. The film Walt Disney's "Steamboat Willie" was the first animated cartoon talking picture.
1928-Birthday of singer Sheila Jordan, Detroit, MI
1932 - For the first time, a tie occurred for the Best Actor Academy Award. Wallace Beery and Fredric March were only one vote apart so the Academy of Motion Picture Arts and Sciences ruled it a tie. Both received an Oscar at the Fifth Annual Academy Awards, March for his performance in "Dr. Jekyll and Mr. Hyde" and Beery for his role in "The Champ". March thought it rather funny that the two were honored for ‘best male performance of the year’ when they each had adopted a child that year. "The Champ" also was honored when Frances Marion received the Writing/Original Story Academy Award for the film. There was only one Best Actress Award and it was presented to Helen Hayes for her performance in "The Sin of Madelon Claudet". Host Lionel Barrymore greeted the film industry this night in the Fiesta Room at LA’s grand hotel, The Ambassador. The movie, "Grand Hotel" (Metro-Goldwyn-Mayer), earned the top honors as Outstanding Production. It was also a grand night for the film, "Bad Girl". Its director, Frank Borzage, and its writer (adaptation), Edwin Burke, were both presented with Academy Awards. Walt Disney also received two awards: an honorary award for the creation of Mickey Mouse and for the cartoon short subject "Flowers and Trees". Short Subject awards were presented to two other well-known Hollywood talents on this evening. Hal Roach won his prize for the comedy, "The Music Box" and Mack Sennett for the novelty short, "Wrestling Swordfish". Both were first-time Academy Award winners as were Gordon Wiles for Art Direction ("Transatlantic") and Lee Garmes for Cinematography ("Shanghai Express").
1936-Ella Fitzgerald,18, cuts first disc, “ My Last Affair.” Decca.
1936 -Birthday of Trumpet Player Don Cherry http://www.darmstadt.de/kultur/musik/jazz/cherry-don2.htm
1939-Artie Shaw, at the peak of success, disbands, splits for Mexico.
1942- Thornton Wilder’s play, "The Skin of Our Teeth", opened in New York City. The play was Wilder’s sequel to "Our Town". "The Skin of Our Teeth" starred Tallulah Bankhead, Fredric March, Montgomery Clift and E.G. Marshall. One critic wrote, “As of last evening, the theatre was looking up.”
1943--Two days after the American raid on the power station in Vermork, Norway, 440 British bombers swooped down on Berlin at night. The raid was not overly successful. Though 131 Berliners were killed, the Royal Air Force struck very few of the industrial areas they intended to hit. Even worse, nine British bombers were shot down, and fifty-three aircrew members killed. One of the victims was Wing Commander John White, who had played a significant role in the successful bombing of Peenemunde.
1946-Birthday of sax player Bennie Wallace, Chattanooga, TN,
1949-Jackie Robinson because the first baseball player who was African-American to win the “Most Valuable Player Award” in the major leases as second baseman of the National League’s Brooklyn Dodgers, New York City. He won the Kenesaw Mountain Landis Memorial plaque from the Baseball Writers Association. The first African-American player in the American League to win the award was Elston Howard, catcher for the New York Yankees, on November 7, 1963.
a four-plane Saber flight in an attack on four enemy fighters east of Sinuiju, Korea, on his 37th mission, and downed his fifth and six MIG-15s. He first qualified as an ace in world War II, when he shot down six Zekers between September 23, 1943 and January 4, 1944, while serving with Boyington’s Black Sheep Squadron. John Bolt was the only Marine to become an ace in WWII and Korea. In WWII, he flew with 'The Black Sheep', VMF-214, best known for its CO, Pappy Boyington.
1951-The television show "See It Now" premiered, doing unrehearsed interviews, covering relevant and newsworthy stories of its time, including desecration, lung cancer and anti-Communist fervor. One of the most notable shows focused on Senator Joseph McCarthy, leading to McCarthy's appearance on the show which damaged his creditability. The show was hosted by Edward R. Murrow, who also produced it jointly with Fred W. Friendly. Its premiere was the first live commercial coast-to-coast broadcast.
1956-Birthday of football player Harold Warren Moon, born Los Angeles, CA.
1964 -J Edgar Hoover describes Martin Luther King as "most notorious liar"
1974 - Frank Sinatra emerged from retirement to do a TV special with dancer Gene Kelly. The show was a smash hit and revived Sinatra’s career.
1975 - John Denver received a gold record for "I’m Sorry".
1978-Congressman Leo J Ryan of Burlingame, California was killed along with four others in his group in Jonestown, Guyana by members of Peoples Temple, followed by ritual mass suicide of 913 members. (I served as his first state assembly administrative assistant and legislative aide in the late 1960’s. His personal secretary of many years was murdered in her house during a robbery
of the family’s coin collection). People's Temple leader Jim Jones lead hundreds of his followers in a mass murder-suicide at their agricultural commune in remote northwestern Guyana. The few cult members who refused to take the cyanide-laced fruit-flavored concoction were either forced to do so at gunpoint or shot as they fled. The final death toll was 913, including 276 children.
Jim Jones was a charismatic churchman who founded the People's Temple, a Christian sect, in Indianapolis in the 1950s. He preached against racism, and his integrated congregation attracted mostly African Americans. In 1965, he moved the group to northern California, settling in Ukiah and after 1971 in San Francisco. In the 1970s, his church was accused by the press of financial fraud, physical abuse of its members, and mistreatment of children. In response to the mounting criticism, Jones led several hundred of his followers to South America in 1977 and set up a utopian agricultural settlement called Jonestown in the jungle of Guyana.
A year later, a group of ex-members convinced U.S. Congressman Leo Ryan, a Democrat of California, to travel to Jonestown and investigate the commune. On November 17, 1978, Ryan arrived in Jonestown with a group of journalists and other observers. At first the visit went well, but the next day, as Ryan's group was about to leave, several People's Church members approached members of the group and asked them for passage out of Guyana. Jones became distressed at the defection of his members, and one of Jones' lieutenants attacked Ryan with a knife. Ryan escaped from the incident unharmed, but Jones then ordered Ryan and his companions ambushed and killed at the airstrip as they attempted to leave. The congressman and four others were murdered as they attempted to board their charter planes.
Back in Jonestown, Jones directed his followers in a mass suicide in a clearing in the town. With Jones exhorting the "beauty of dying" over a loudspeaker, hundreds drank a lethal cyanide and Kool-Aid drink. Those who tried to escape were chased down and shot by Jones' lieutenants. Jones died of a gunshot wound in the head, probably self-inflicted. Guyanese troops, alerted by a cult member who escaped, reached Jonestown the next day. Only a dozen or so followers survived, hidden in the jungle. Most of the 913 dead were lying side by side in the clearing where Jones had preached to them for the last time.
1986 - The Roseland Ballroom reopened in New York City. The 67-year-old home for those wanting to dance cheek to cheek featured America’s dean of society music, Lester Lanin. He played for patrons who wanted to cut a rug on the 112-by-55-foot, maple wood dance floor.
1986 - For the first time since his departure from his own late-night TV show, Jack Paar was a guest of Johnny Carson on "The Tonight Show". One of TV’s great lines came from the show, when Carson quipped (after one of Paar’s long, long spiels), “Why is it that I feel I’m guesting on your show?”
1986 - Roger Clemens was named the American League’s Most Valuable Player. He was the first American League starter to be so named in 15 years. The Boston Red Sox hurler won the honor one week after earning the Cy Young Award1997 - The Arizona Diamondbacks and Tampa Bay Devil Rays begin taking shape with 35 selections apiece in baseball’s expansion draft. Both the Diamondbacks and Devil Rays began their baseball lives with sufficient funds to contend quickly.
1987- After nearly a year of hearings into the Iran-Contra scandal, the joint Congressional investigating committee issues its final report. It concluded that the scandal, involving a complicated plan whereby some of the funds from secret weapons sales to Iran were used to finance the Contra war against the Sandinista government in Nicaragua, was one in which the administration of Ronald Reagan exhibited "secrecy, deception, and disdain for the law." Naming several members of the Reagan administration as having been directly involved in the scheme (including National Security Advisor John Poindexter and deceased CIA Director William Casey), the report stated that Reagan must bear "ultimate responsibility." A number of government officials were charged and convicted of various crimes associated with the scandal.
1988-An Anti-Drug bill of large scope was signed into law by President Ronald Reagan. It called for the death penalty for drug-related murders, a $10,000 fine for the possession of even small amounts of controlled substances and provided for the expansion of treat facilities. A cabinet-level office was established for a drug “czar” to oversee the nation’s fight on drugs.
Silva, a world-renowned expert and outspoken protector of exotic birds,
is sentenced to seven years in prison without parole for leading an illegal
parrot smuggling operation. Silva was only one of many to be arrested
during "Operation Renegade," a three-year international probe into bird
smuggling by the U.S. Fish and Wildlife Service's Division of Law Enforcement,
although his case was by far the best known. Silva's indictment and guilty
plea shocked the international community of academic experts, conservationists,
zoologists, and collectors interested in exotic birds, most of whom had
known and respected him as a benevolent bird lover. Since his childhood,
Silva had championed the cause of protecting wildlife. His parents, who
had emigrated to the U.S. from Cuba when he was a boy, encouraged his
love of birds, thinking it was a good way to keep their son out of trouble.
Silva began breeding birds at a young age, and, by his 20s, he had already
written hundreds of articles and authored two books on rare parrots. When
he was just 30 years old, he was named curator of Loro Park, a wildlife
sanctuary in the Canary Islands.
1996- Four hardware makers unveiled hand-held computers at an electronics show on this day in 1996. The computers were all designed to run Microsoft Windows CE, an operating system introduced at the show the previous day. The machines offered remote and wireless connections for checking e-mail and surfing the Web and allowed users to synchronize data with Windows programs. By 1999, the market for hand-held computers had grown to an estimated 5.7 million units, nearly fifty percent greater than 1998 sales, according to the research firm Dataquest. Today they are incorporated into wireless telephones the size of a credit card.