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Niche Market Sales Reps.

Not limited to, but includes:

- Dry cleaning
- Phone systems for small business
- Dental office
- Physicians office
- Laundry/dry cleaning equipment

Send your resume to EOE.

Highline Capital is principal and major source of funding.

Friday, November 10, 2006


—1995—“Dancing the Night Away”
    Classified Ads---Operations
        Craig Galttly passes away
Archives-Republic Leasing For Sale
    30-year mortgages rates go up
        “What Me? Worry! ‘Kid’ Dwight Galloway"
    Meeting Round-Up
        Classified Ads—Help Wanted
“The Best Profession: Sales”
Selling Up by Steve Chriest
    How to rent equipment for your office
        Rochester Equipment Leasing Expands
Ketchum and Foglesong/US Bancorp
    CIT Canada Seeks Expansion
        News Briefs---
You May have Missed---
    California Nuts Brief---
        Sports Briefs---
"Gimme that Wine"
    Restaurant Review: Tanglewood, San Jose
        Calendar Events
Snapple Real Facts
    Today's Top Event in History
        This Day in American History
            American Football Poems---Vince Lombardi

######## surrounding the article denotes it is a “press release”


Pictures from the Past—1995—“Dancing the Night Away”

““Dancing the Night Away--From top right, Ginny Young, Brava Capital, and Robert Rodi, CLP, the American Lease Exchange, show off their moves at Saturday’s ‘Roaring 20’s Dinner Gala.
Inset: Pat Roberts, M&R Leasing, Inc., and Phil Dushey, Global Leasing Services at the Roaring 20’s.”

November, 1995 United Association of Equipment Leasing Regional Reporter



Classified Ads---Operations

COLUMBIA GORGE Wind River Cellars Winemaker, Joel Goodwillie, has a very simple winemaking philosophy. Begin with some of the best grapes in Washington State and let them do their own thing. "It's similar to raising children," says Joel. "Hopefully you begin with something healthy and then you provide a healthy, caring environment for both to mature. The only difference I see is wine doesn't drop French fries between the seats of my car."

Nov. 24th, 25th, 26th: Thanksgiving Weekend Open House.
December 1st: Wind River Cellar's Newman will be on hand at his favorite shop downtown Hood River for a book signing event: Gorge Dog is located right downtown on Oak Street. Come on out for first Friday, taste some Wind River Cellars wine, pick up a copy of Wine Dogs USA. shop Gorge Dog and enjoy the holiday parade downtown Hood River! Gorge Dog *

These job-wanted ads are free. We also recommend to both those seeking a position and those searching for a new hire to also go to other e-mail posting sites:

In addition, those seeking employment should go to the human resource departments on company web sites for funders, captive lessors, and perhaps “broker-lessors.”

To place a free “job wanted” ad here, please go to:

Orange County, CA
Operations/Credit Manager with 15 Years Experience, Middle & Large Ticket, initiated policies for Patriot Act and Sarbanes Oxley, Team Motivator.

East Windsor, NJ
Skilled Manager in credit, collections, training, documentation, policy and procedure, lease and finance operations. Get results and keep the customer coming back.

New York, NY
10+ years in equipment leasing/secured lending. Skilled in management & training, documentation, policy and procedure development & implementation, portfolio reporting. Strong work ethic.

Wayne, NJ
20+ heavily experienced collection/recovery VP looking to improve someone's bottom line. Proven, verifiable track record. Knowledge of all types of portfolio. Will relocate

For a full listing of all “job wanted” ads, please go to:

* Some great photographs



Craig Galttly passes away

“Craig Glattly was a fixture in municipal leasing for 20+ years. He bought paper from a number of lessors and brokers while he was with Chicago Corporation and most recently in his own investment bank Salem Capital. He was one of the nicest guys in the leasing industry and one of the most consistent funders in a world of changing players for lessors in his niche. He had a lot of friends in the leasing industry and he will be missed greatly.”

Larry Hartmann
Managing Partner
Z Resource Group
201-560-9900 x 222

Lake County News-Sun

Banker killed in accident along Tri-State

By Jason Arndt

LIBERTYVILLE -- A 47-year-old Lake Forest investment banker died Monday night after being struck on the Tri-State Tollway near Route 176.

According to Sgt. Jim Jenkner of the Illinois State Police, Craig Glattly's 2005 Mercedes sport utility vehicle was parked on the side of the tollway, and he was standing outside the vehicle waiting for help.

When Glattly walked around his vehicle, he was struck by a 2006 Kia driven by 55-year-old Howard Priesch of California.

Illinois State Police are still reviewing the incident and authorities are determining whether charges will be filed against Priesch.

"Nothing has been issued at this time," Jenkner said in regard to potential charges. "The case is still under investigation by Illinois State Police."

Libertyville Fire Department personnel responded to the scene, where the victim was pronounced dead on the scene by a Lake County deputy coroner.

Glattly was the founder, president and chief executive officer of Salem Capital Group, an investment banking company in Bannockburn. Prior to his business with Salem Capital, he worked as a banker for a Chicago bank.

He was a father to two children, Grant, 25, of Chicago, and Paige, 18, of Lake Forest. His daughter is a student at Miami University in Oxford, Ohio, and his son is a commercial real estate agent in Chicago.

Longtime family friend Jill Carter said Tuesday that Glattly "was a deeply devoted family man. He loved to golf with his family."

"Craig was such a humble, yet positive person who wanted more than anything in this world to love his family and friends," she said. "The family is altogether here at Lake Forest.

"If someone were to look up optimistic in the dictionary, they could see a picture of Craig," Carter said.

Funeral arrangements for Glattly have been set with visitation Thursday from 4 to 9 p.m. at Christ Church of Lake Forest. Funeral services are scheduled 10 a.m. Friday



Archives---September 29, 2000

Dwight Galloway/Republic Leasing For Sale

“The expected result will be a sale of Republic Leasing Corporation (Columbia, South Carolina) along with the banks existing portfolio. We have certainly enjoyed the time with RBMG but since the divestiture of their banks several years ago; we have looked forward to an opportunity to again become part of an organization that can provide better funding for our established broker/lessors. In addition, we believe our long and profitable history and our Bank Customer Leasing Program will be particularly attractive to banks seeking a proven platform to meet their clients' leasing needs."

Contact: Dwight Galloway (803) 750-4100
Dwight Galloway




30-year mortgages rates go up

Money is costing more, everywhere, but there seems to be plenty of it.

Freddie Mac yesterday reported that 30-year, fixed-rate mortgages averaged 6.33%, up from 6.31% last week. Looking at the pattern of rates, they seem to fluctuate with consumer confidence news. The last high of 6.4% the week of Sept. 21. Most mortgage brokers have a higher rate, including points for this type of loan.

New homes sales are down nationwide almost 10% while existing homes sit longer on the market place as "investors" are getting out of the market place as they can no longer "flip" home sales. In Arizona, for instance, the New York Times reported this week the decline is based on the fact that new buyers are waiting longer and longer for the sale of house and are not gambling on the purchase of a new house without the sale of their existing house.

Reverse mortgages are becoming popular as a means not only for those on fixed income, but those seeking business loans or investments or cash flow. There is a lot of money out there as noted by the many banks acting as “savings and loans” in this marketplace, also look at the amount of leasing company so-called “funders.” Ninety-nine now belong to the National Association
of Equipment Leasing Brokers (where only Brokers get to vote.) Also view the Leasing News list:

Rates on 15-year, fixed-rate mortgages, a popular choice for refinancing, averaged 6.04%, up from 6.02%.

Rates on one-year adjustable rate mortgages edged up to 5.55%, compared with 5.53%.

Five-year adjustable rate mortgages rose to 6.08%, from 6.05%.

The mortgage rates do not include add-on fees known as points. The 30-year and 15-year mortgages each carried an average nationwide fee of 0.6 point. The one-year ARM had a nationwide average fee of 0.8 point and the five-year ARM had an average fee of 0.7 point.

A year ago, 30-year mortgages averaged 6.36% while 15-year mortgages stood at 5.89%, one-year ARMs were at 5.12% and five-year ARMs were at 5.81%.

In reality, it is the marketplace where homes are taking longer to sell, and not the mortgage rates that is slowing down the marketplace.

Weekly averages of mortgage rates:



“What Me? Worry! ‘Kid’ Dwight Galloway”

by Christopher Menkin

NetBank 3rd Quarter, 2006 Financial Statement, Netbank Business Finance:
“The company's business finance operation remains a consistently profitable contributor. Pre-tax earnings for the quarter were flat at $3.2 million. Its production was off by $19.3 million or 33% to $39.2 million as competition from other lenders increased.”

Wednesday an “extra edition” was issued (if you are not on our mailing list, you missed it:)

Basically the NetBank holding company's year-to-date loss was $116 million, vs. $1.1 million in the first nine months of 2005. The blame was on the mortgage market place, but perhaps it is more than
that as NetBank was the first major internet bank and its venture part of the “dot com” days.

Last month NetBank sold most of its mortgage servicing rights on conventional loans for $119 million, and the beginning of this week, announced that it was ending its nonconforming (subprime)
mortgage and recreational vehicle, boat and aircraft financing operations.

As the bank gets further into losses, the regulators will be looking closer and closer on all operations, and from personal experience on a regional bank board of directors and its executive board, I can tell you nothing drives more fear and introspection and confidence in your direction than being in this position. It not only takes the wind out of your sales, they won’t stop looking until they can justify their existence.

Right now the Office of Thrift Supervision is requiring NetBank to prepare a three-year business plan that details the company’s strategy for returning to profitability, getting wholesale funding and increasing core deposits. It doesn’t look like that includes equipment leasing or
personal property financing, considered a “high risk” product in
regulators minds.

(Here is the “extra edition:”

In NetBank’s third quarter financial statement, they note:

“We saw a decrease in the demand for mortgage repurchases from last quarter, but they remained at an elevated level during the current quarter. Management continues to believe the issue is both market-driven and systemic, and is focused on taking the necessary steps to address it. We have been evaluating ways to improve internal processes and are currently in the process of centralizing our indirect, conforming mortgage operating centers. The company's regional operating centers in Jacksonville, Portland and St. Louis are being consolidated into the Columbia, S.C. facility. Management believes that by centralizing our operations, we can improve communication and better ensure improved loan quality.”

The original NetBank Business Finance was the result of an operation started by Dwight Galloway, CLP, joined later by several key people, including Charles Randall. After leaving the U.S. Army in 1978 (Special Forces, jumping out of airplanes,) Galloway worked for two years as a sales manager for an equipment vendor.  During the 1980’s, he began providing financing for start-up businesses, and buying/selling large ticket, tax-oriented operating leases before “graduating” to small-ticket leasing. He started Republic Leasing in 1988 as a subsidiary of Resources Bancshares after selling the small-ticket operation to that firm.”

Dwight Galloway, CLP
President, NetBank Business Finance

Several leasing brokers remember the starts as Republic Leasing of South Carolina and the days Galloway didn’t want others to associated it with Republic Leasing of Southern California ( Jim Raider/Mark McQuitty, who have considerably downsized their CapitalWerks/Preferred Leasing operation to perhaps ten employees, plus sales personnel—but that is another story.) Those days of the late Leo Portnoy, and when Vicki Hall and Melissa Horn started are remembered by many. Galloway is highly thought of by many leasing association members as he is active, gets involved, makes friends,
and anything he undertakes, gets accomplished. He is extremely well respected and liked in the equipment leasing industry.

Galloway and Randall deny the unit is for sale, plus they are not considering throwing in the towel. According to several inside sources, four suitors have turned the package down, primarily due to the Commercial Money Market portfolio and other restrictions. It is also reported that the original founders Dwight Galloway, CLP, and Charles Randall may not be interested in moving with new owners.

It should also be noted that the Atlanta Journal-Constitution business journalist believe the bank is “for sale,” but with the present losses, who will buy. Longtime CEO Douglas K. Freeman stepped down last month and paved the way for a take over.

Galloway has often referred to his loyal staff, several who have been with him fifteen to eighteen years. He has attributed his operation success to these hard workers and their dedication to their successful operation. He is very loyal to them. Whether he has told them that directly, he speaks of it often as leasing association meetings.

He has told several at the leasing association meetings that NetBusiness Finance is not for sale. Galloway differs all comments to bank officials. Leasing News attempted to contact NetBank “spokesmen” for a comment, but to date has not received a response.

It should be noted that NetBank Business Finance credit has not been loosened to create more sales to make the unit more attractive.
Please note production was off, as noted in the third quarter business financial statement. It alone may be an indication about what
is happening.

Without mincing words, Leasing News will stand by its highly reliable sources who have told us there have been four offers after five suitors. It also may be that the offers centered around the purchase of the bank itself or contingent upon it.

It should also be noted that the Commercial Money Center is not in the transaction, should NetBank Business Financial be “spun off:”

CMC Lease Portfolio
Non-Performing loan and lease receivables
Total non-performing loand and lease receivables
Non-performing loans held for sale(a)
Total non-performing loans and leases
Repossessed assets(b)
Total non-performing assets
(in thousands of dollars)      

Third Quarter, 2006 Press Release/Financial Statement:

From “The List”





Meeting Round-Up

Pictures from Atlanta NAELB Meeting


Heather von Bargen
Caladesi Capital, Inc.
Ph: 800-255-5341 ext 111
Fax: 866-296-0270
"Your Partner for Success"

Click image to enlarge


Bernice Truszkowski
Equipment Funding Ltrd.

"On November 8, the AZELA business meeting was followed by an intensely competitive bowling tournament, funders vs. brokers!. 2 Awards were given out. As it turned out, one to a funder and the other to a broker.

“Congratulations Lauren MacDonald from Mesa Leasing and Nancy Rosenberg from Quality Financial! A fine example of good sportsmanship in business and sports'."



Classified Ads---Help Wanted


Sales Reps

Location open. Requires previous leasing sales experience. Unequaled commissions. For full description & contact info click here.


Niche Market Sales Reps.

Not limited to, but includes:

- Dry cleaning
- Phone systems for small business
- Dental office
- Physicians office
- Laundry/dry cleaning equipment

Send your resume to EOE.

Highline Capital is principal and major source of funding.


National Machine Tool Financial Corporation |
National Tel-Med Capital | National Business Finance

Sales Reps

Machine tools, construction, medical equip. Top competitive comp. package Fax resume: 847-871-4209 e-mail:
National has operated as an indirect lessor for over 25 years. They are expanding three of their divisions.



“The Best Profession: Sales”

by Steve Chriest

Salespeople: Highest Return

A vendor partner we worked with a few years ago provided us with some revealing research information about the sales profession. Among working professionals, it appears that salespeople, generally, are a well-balanced, stable group.

In their work as purveyors of sales excellence, this vendor maintains a database of over 300,000 sales candidates, 100,000 business decision-makers, and 1500 sales forces. Understanding salespeople, and formulating actuarial tools that predict success in sales, is a core part of their business. Here is some of the interesting information they have discovered:

Among doctors, lawyers, athletes and salespeople, which profession would you guess has the highest average return for their investment in education? According to the Bureau of Labor Statistics, it is salespeople, not doctors, lawyers or athletes, who enjoy the highest average return for their investment in education.

Who has the highest suicide rate among dentists, psychologists, business executives, laborers and salespeople? If you guessed dentists, you would be right. With all the rejection most salespeople endure on a daily basis, you might think salespeople rank high on this list. In reality, salespeople have the lowest rate of suicide among these groups.

When comparing politicians, TV personalities, building maintenance workers and salespeople, it's salespeople who have the lowest rate of early heart or other stress related diseases. Maybe even onerous, unrealistic sales quotas aren't enough to overly stress most salespeople.

Which profession, among surgeons, entrepreneurs, writers and dentists has the highest divorce rate? For some reason that I'll let you speculate about, dentists again top this list. The sales profession is second lowest on the list, and only Catholic Priests have a lower rate of divorce!

This should all be good news for sales managers and senior managers. It should be comforting to know that most salespeople enjoy a high average return for their investment in education, do themselves in much less often that other professionals, are less likely to succumb to stress and other stress related diseases than many other professionals, and stay married longer than many groups of top professionals.

It's no wonder salespeople successfully endure constant rejection from customers, uncomplimentary skits on Saturday Night Live, and the blame for lagging sales, even when their company's product or service offering are at fault. It seems that well-adjusted, optimistic, stable people just naturally gravitate to the business of sales!

Copyright © 2006 Selling Up TM . All Rights Reserved.

About the author: Steve Chriest is the founder of Selling Up TM (, a sales consulting firm specializing in sales improvement for organizations of all types and sizes in a variety of industries. He is also the author of Selling Up, The Proven System for Reaching and Selling Senior Executives. You can reach Steve at




How to rent equipment for your office

Massachusetts Lawyer Weekly

Leasing has become a very popular method for law firms and other businesses to acquire office equipment.

According to the Equipment Leasing Association, 80 percent of companies lease some or all of their equipment although the majority of them (65 percent) lease 15 percent or less of their equipment assets.

Of the $850 billion spent this year by businesses on productive assets, of which office equipment is the largest subcategory, $229 billion - or 27 percent - was acquired by leasing, according to the ELA. The following is a checklist to consider before leasing equipment for your office:

Choose a reputable, experienced leasing company that will cater to your firm's specific needs. Research potential companies, and rule out the ones that will not work in your firm, before soliciting bids.

Seek a personal recommendation to help in your search for a good leasing partner. Ask other lawyers or business executives who have leased equipment if they can recommend companies. The ELA or other leasing-industry trade associations may have lists of member companies that would meet your criteria.

Search the Internet for news stories that have been written about the leasing companies you are considering, and ask prospective leasing partners for written reports on their finances. Also, request and check customer, bank and vendor references.

Some firms choose to lease equipment through a broker, who can shop around and obtain bids from several leasing companies on their behalf. Evaluate the broker as you would a leasing company.

Seek bids from at least three companies to compare costs and flexibility. Beyond those criteria, select a company that seems willing to learn about your firm's needs and goals and one that you can build a relationship with over time.

Ask the companies you interview about the types of leases they offer law firms and about end-of-lease options. Inquire about upfront and monthly fees and any additional costs you could incur during the life of the lease and at its end. Determine how flexible the lease is, should you decide to terminate or upgrade the equipment before the lease expiration date. Inquire about your responsibility for any damage to the equipment and your obligations for insurance, maintenance and taxes during the term of the lease.

Find out if you have the option to return the equipment with no future obligation, renew the lease, or purchase the equipment at a previously agreed-upon price or at fair market value.

Carefully review your contract with the company before signing on the dotted line.

These equipment-leasing suggestions are excerpted from a story written by Bernadette Starzee of Long Island Business News, a Dolan Media publication.


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

Rochester Equipment Leasing, Inc. is Moving and Expanding

Rochester Equipment Leasing, Inc. has moved its offices to 1100 University Avenue, Suite 215, Rochester, NY 14607.

“We were looking to avoid having our employees pay for parking, and also be more accessible for our customers,” said Greg Lefebre, Rochester Equipment Leasing, Inc., CEO and Co-Founder. Lefebre continues, “Our new space will also allow us to double our sales force and really expand our market share.”

Founded in 1998, Rochester Equipment Leasing, Inc. specializes in equipment financing for small to medium sized businesses in the Rochester area and national vendor leasing programs for distributors and manufacturers of diverse types of capital equipment, software and trucks. Rochester Equipment Leasing also provides working capital loans, practice acquisition financing, debt consolidation and equipment financing for licensed healthcare professionals.

Rochester Equipment Leasing, Inc
1100 University Ave., Suite 215
Rochester, NY 14607
(800) 388-3430
Local: 231-1550
FAX (877) 617-1561


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

U.S. Bank Equipment Finance Names Ketchum and
Foglesong to Capital Equipment Group

REDWOOD CITY and NEWPORT BEACH, Calif. — U.S. Bank Equipment Finance has named David Ketchum and Aaron Foglesong as vice presidents and area managers for the capital equipment group in California. Ketchum operates from Redwood City while Foglesong is based at the company’s Newport Beach office. Both have responsibility for new business development and sales, providing equipment financing solutions to middle-market through investment-grade companies in the California marketplace.

Ketchum was most recently with City National Bank, and previously with RBS Lombard, Inc. and Heller Financial. He comes to U.S. Bank Equipment Finance with 25 years of leasing and financing industry experience. He holds a bachelor’s degree from University of California, Berkley, and a master’s degree from Claremont Graduate School. He can be reached by phone at (650) 556-2639.

Foglesong, with 10 years of sales experience in the leasing and financing industry, was most recently with General Electric Capital Corporation and previously with Jules and Associates, Inc. He holds a bachelor’s degree from USC and can be reached by phone at (949) 863-2378.

“California is an important market for us,” said Kevin Donovan, vice president and western region manager of the capital equipment group. “I’m pleased to have two more experienced equipment finance and leasing professionals team up to cover the state along with Stan Krukowski in Corona and Charles Davis in Los Angeles.”

U.S. Bank Equipment Finance, one of the largest bank-affiliated equipment finance companies in the nation, has been providing quality equipment finance solutions for 35 years. It’s a major funding source for companies in virtually every industry sector nationwide. Visit U.S. Bank Equipment Finance on the web at

U.S. Bank Equipment Finance is part of U.S. Bancorp (NYSE: USB). With assets of $217 billion, U.S. Bancorp is the 6th largest financial holding company in the United States. The company operates 2,462 banking offices and 4,943 ATMs, and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. U.S. Bancorp is the parent company of U.S. Bank. Visit U.S. Bancorp on the web at

Sites of Reference:


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

CIT Canada Seeks Expansion Through Senior Appointments

TORONTO, -- CIT Canada, a division of CIT Group Inc. (NYSE: CIT - News) a leading global provider of commercial and consumer finance solutions, today announced the appointments of Mark Hart as Chief Sales Officer and Senior Vice President for CIT Commercial Finance, Canada; Peter Kinkartz as Managing Director and Head of CIT Capital Markets, Canada and Bruce Smith as Senior Vice President of CIT Vendor Finance, Canada.

"These senior appointments reflect CIT's commitment to growing our business and expanding our relationships throughout Canada," said J. Daryl MacLellan, President of CIT Canada. "Canada represents an important area of growth for CIT's overall business strategy with above average investment and growth in key lending areas, such as vendor finance, natural resource development and corporate finance. I am confident that with these new appointments we will continue to increase our market share as companies look to CIT as their financing and advisory services provider."

(x) Mark Hart will collaborate with the various Business Unit leaders in Commercial Finance with an objective of increasing sales through a combination of strategy, best practices, cross selling and sales
productivity. With 15 years financial services experience prior to CIT, Hart was a Group Vice President with SunTrust Bank in Atlanta and was responsible for the bank's Equity Wholesale Lending division. Before this promotion, he served as Vice President Business Development for SunTrust's International Factoring division. He also has held the position of Director of Sales at Coface, one of the world's largest credit insurers and a management position at CIBC Mortgages.

(x) Peter Kinkartz will be responsible for driving all capital markets activities in Canada and supporting the expansion of the company's origination activities in the region. Kinkartz has 15 years of experience in the financial services sector, both in debt capital markets and the commercial bank market, in North American and Europe. Kinkartz' experience includes over seven years with CIT in Canada and the U.S. Previously, he worked for RBC Capital Markets in Toronto and Credit Suisse/Credit Suisse First Boston in New York, Zurich and Toronto. He received a BA in International Relations from the University of Toronto and an MBA from York University.

(x) Bruce Smith will be responsible for overseeing CIT's vendor financing relationships throughout Canada. Prior to CIT, Smith served as General Manager of Dell Financial Services (DFS) Canada. Under his leadership, DFS Canada was named "Best of Breed" for financial services across Dell's worldwide corporate organization. Prior to joining DFS Canada, Smith served in management roles in CIT's Healthcare and Commercial andIndustrial Vendor groups. He has also worked at Deloitte & Touche, providing audit, tax, and consulting services to clients. He received a BA from McMaster University and is a Chartered Accountant.

About CIT

CIT Group Inc. (NYSE: CIT - News), a leading commercial and consumer finance company, provides clients with financing and leasing products and advisory services. Founded in 1908, CIT has more than $70 billion in managed assets and possesses the financial resources, industry expertise and product knowledge to serve the needs of clients across approximately 30 industries worldwide. CIT, a Fortune 500 company and a member of the S&P 500 Index, holds leading positions in vendor financing, factoring, equipment and transportation financing, Small Business Administration loans, and asset-based lending. With its global headquarters in New York City, CIT has more than 7,200 employees in locations throughout North America, Europe, Latin America, and Asia Pacific.


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

News Briefs----

Cisco has fastest year-over-year quarter growth in several years

Cisco starts leasing, finance branch in China

Dana to close 8 auto parts plants, downsize 3 others in North America

NYSE Pink Slips, 500 jobs are axed

For $34m, Citigroup gets naming rights to Wang Center

Time Magazine to Raise Cover Price by $1: $4.95

Billionaires make bid for Tribune Co.

At last, Microsoft ships Vista



You May have Missed---


Chicago, L.A. appear to be frontrunners for Olympics,1,



Sports Briefs----

49ers seek new stadium in Santa Clara

49ers tell San Francisco mayor they plan to move

Purdy on the location

A's clinch deal with Cisco for ballpark in Fremont

T.O. believes he 'let the team down'

Lots of surprises at midseason---Ira Miller

College Football this weekend



California Nuts Briefs---

Schwarzenegger hails 'new blood' in Congress

Jerry Brown makes a bit of history/move votes than the Gov.



“Gimme that Wine”

Massachusetts voters reject proposal on wine in grocery stores

Wine Prices by vintage

US/International Wine Events

Winery Atlas\

Leasing News Wine & Spirits Page

The London International Vintners Exchange (Liv-ex)
is an electronic exchange for fine wine.



Tanglewood -
334 Santana Row, Suite 1000
San Jose, CA 95128
Ph. 408-244-0464

Hours of Operation:
Lunch: Sunday - Saturday: 11:30am - 2:30pmp
Dinner: Monday - Saturday: 5:30pm - 11:00pm,
Sunday: 5:30pm - 10:00pm (special menu)
Bar Menu: Sunday - Saturday: 2:30pm - 5:30pm
Reservation Recommended.

Dress: Business Casual
(we have seen many well dressed people here in ties more than sports shirts or jeans.
This is more up-scale. Don’t sit near the bar as it gets noisy after 7pm.)

Payment Options:
AMEX, MasterCard, Visa

Special Events & Promotions:
On SUNDAYS, Tanglewood serves a family-style menu.
Select either 2-courses ($30/pp) or
3-courses ($35/pp) from our special SUNDAY menu,
which changes weekly.
(Please note, our regular menu is not available on Sundays.)

125-seat dining room (can get noisy)
65-seat terrace (sidewalk)
At the entrance of Santana Row, which has become the restaurant
row of Santa Clara Valley—always busy.

If you come to San Jose, the downtown is basically dead. The action is at Santana Row, right off highway 880 and 680, across from what is known as Valley Fair ( today the Westfield Shopping Center.) Many restaurants of all types, stores, and an outdoor market on the weekends.

Come to Tanglewood restaurant early before 6:30pm and you will find parking easy and can walk in. Otherwise, make a reservation. Pray to find a place to park in the back. Or somewhere.

Opened in early August,2006, Tanglewood is packed most of the time due to the fresh sea food, salads, vegetables, and creative presentations. It has become the hit of Santana Row, although on the other side, beginning of the strip, and not where all the action is (great wine club on the other end.)

Again parking is a problem, unless you come early. It’s like going to San Francisco, but no parking garage. The restaurant service is excellent, including the proper opening and display of wine, not over-priced. Generally the meal consists of an appetizer and the main course, dessert if it is within your weight budget.

The partners of Left Bank put this together. While the Left Bank has a lot of color and a nice menu, it often reminds me of the
Culinary Institute in St. Helena, Napa. The food looks great on the plate, but the taste is not close to what the intention was to be with the presentation. Often the food looks great, but the flavor is bland as if it was produced by robots in the kitchen who
followed the rules solely. I still eat at the Left Bank, however, as I do like the menu.

The food experience at Tanglewood was very good and each time the waiter's recommendation earned him a very good tip.

Restaurant Review

(for other reviews: please go here: )



Calendar Events This Day

Forget Me Not Day

Toothpaste Day

USMC Birthday
Commemorates the Marin Corps’ establishment. Originally part of the navy, it became a separate unit July 11, 1789.



A Goldfish's attention span is three seconds

Maybe the fish Dory in the movie “Nemo” was not too far from a fish’s real memory:



Today's Top Event in History

1969-“Seseme Street” premieres on TV. An important, successful long-running children's show, "Sesame Street" educates children while they have fun. It takes place along a city street, featuring a diverse cast of humans and puppets. Through singing, puppetry, film clips and skits, kids are taught letters, numbers, concepts and other lessons. Shows are "sponsored" by letters and numbers. Human cast members have included: Loretta Long, Matt Robinson, Roscoe Orman, Bob McGrath, Linda Bove, Buffy St. Marie, Ruth Buzzi, Will Lee, Northern J. Calloway, Emilio Delgado and Sonia Manzano. Favorite Jim Henson muppets include Ernie, Bert, Grover, Oscar the Grouch, Kermit the Frog, the Cookie Monster, life-sized Big Bird and Mr Snuffleupagus.


This Day in American History

    1775- U.S. Marines, established. Originally part of the navy, it became a separate unit July 11, 1789.
    1766- In New Brunswick, New Jersey, Queen's College was chartered under the Dutch Reformed Church, to provide education "...especially in divinity, preparing [youth] for the ministry and other good offices." The present name of the school, Rutgers University, was adopted in 1924.
    1778- Iroquois Indians in NY kill 40 in Cherry Valley Massacre
    1793- Jared Kirtland birthday, American physician and naturalist. Dr. Jared Potter Kirtland ( whom Kirtland’s Warbler is named) was born at Willingford, CT. The first of the now rare Kirtland’s Warblers to be identified and studied was found on his farm near Cleveland, OH. In 1851, Dr. Kirtland died at Rockport, Near Cleveland, Dec. 10,1877.
    1801 – “ An act to prevent the evil practice of dueling.” In the United States the state of Tennessee outlawed the practice of dueling
( quite common in the day in the entire US.)
    1835 -a severe storm crossed the Great Lakes with 19 ships lost and 254 sailors killed
    1836 -Louis Napoleon banished to America.
    1849-San Francisco 1849 Collector of the Port said 697 ships arrived in port since April 1 of which 401 were American and 296 were foreign.
    1855-The first poem to win national acclaim was Henry Wadsworth Longfellow’s Song of Hiawatha, which was published in book form by Ticknor and Fields, Boston, MA. In four weeks, 10,000 copies were sold, in and in 18 months, 30,000.
    1865-Henry Wirz, former commander of the infamous Confederate prison at Andersonville, Georgia, was hanged.
    1865- Howard University founded in Washington DC!longwal.htm
    1875--Farmers comprised about 48 percent of the U.S. population. Now they were moving westward, seeking new land for new farms, opening up the Western frontiers, settling the prairies. The Homestead Act had a great impact on this exodus; and the farm wife pressed westward, shoulder to shoulder with her husband. "She helped fight off Indians, claim jumpers, and grasshoppers. She coped with prairie fires, plagues, blizzards and tornadoes, as well as epidemics of smallpox, cholera, typhoid fever, diphtheria, and malaria.
"She rose at dawn to stoke the fire in the hearth of the cook stove, haul water, cook breakfast, and bake the day's bread. She made her own soap and candles, helped her husband 'break' new sod and plant new crops, fed livestock, milked cows, and educated her own children until schools were built.
"Her babies (she bore an average of 6 to 8 of which 3 - 5 might grow to adulthood) were delivered without benefit of a doctor."
-- from an article by Marjory F. Hart, U.S. Department of Agriculture.
    1891-African-American Granville T Woods patents the electric railway; one of America’s most prolific inventors.
    1893- Mabel Ethelreid Normand birthday, popular film star was the actual inventor of the pie-in-the-face routine, throwing one while a bored teenager on the Max Sennett set during the early days of Hollywood. She became a top drawing film actor but was hit over the head with a vase which might have caused some brain damage. Afterward she became a cocaine addict. She was considered a suspect in the unsolved murder of William Desmond Taylor.
    1895-If you visit New Orleans, be sure to see the first statue officially sanctioned by the Pope, the figure of Our Lady of Prompt Succor, the Patroness of Louisiana, which was blessed by Archbishop Janssens in the name of Pope Leo XIII at Urulines Convent, New Orleans, LA.
    1898- Race riot in Wilmington NC (8 blacks killed)
    1907- Jane Froman birthday, Broadway singer, was seriously injured in a plane crash while on tour entertaining troops in WWII. She never fully recovered from her injuries nor did her career. The movie With A Song In My Heart (1952), the story of her life, had Susan Hayward doing the acting while the sound track was Froman's singing.
    1913 -- Karl Shapiro born Baltimore, MD (1913-2000). American poet, professor & Pulitzer Prize-winner in 1945.
    1914-The first bank to establish a branch in a foreign country was the National City Bank of New York, which opened a branchy in Buenos Aires, Argentina. The Federal Reserve Act, approved December 23,1913, permitted American banks to establish branches abroad.
    1915 -a violent F4 tornado rips through Great Bend, KS. The tornado killed 11 people. Debris was carried 85 miles. Hundreds of dead ducks dropped from the sky at the end of the tornado track.
    1916-- Billy May Birthday (one of the great big band arrangers with his own band, Frank Sinatra, Nat “King” Cole, and his recreation of the Jimmie Lunceford band album is one of my favorites. His arrangement of “Lean Baby” was one my favorites that my band played. Another was “String of Pearls” where Warren Luening,Jr. and Chris Morgan would duel on the solo’s.
    1923-African-American Garrett Morgan invented and patented the traffic signal
    1931-Birthday of guitarist/songwriter Bobby Rush
    1931 - For the second year in a row, Conrad Nagel hosted the Academy Awards. This year’s gala celebration, the Academy’s fourth, was at the Sala D’Oro Room at the Biltmore Hotel in Los Angeles. The runaway winner was "Cimarron" (Outstanding Production - RKO Radio; Art Direction - Max Ree; Writing/Adaptation - Howard Estabrook). Best Actor honors went to Lionel Barrymore for his stellar performance in "A Free Soul"; ditto for Best Actress Marie Dressler in "Min and Bill". The Best Directing Award for "Skippy" went to Norman Taurog, and Best Cinematography accolades were earned by Floyd Crosby for his work on "Tabu". The Academy Award for Best Writing/Original Story was presented to John Monk Saunders for his script, "The Dawn Patrol". Several Scientific and Technical Awards were also presented for the first time.
    1932-Birthday of pianist Paul Bley piano Quebec, Ontario

    1939 - On Bluebird Records, Muggsy Spanier and his band recorded "Dipper Mouth Blues".
    1947-Lionel Hampton records “Midnight Sun,” Decca 24429.
    1949---Top Hits
That Lucky Old Sun - Frankie Laine
Don’t Cry, Joe - The Gordon Jenkins Orchestra (vocal: Betty Brewer)
I Can Dream, Can’t I? - The Tommy Dorsey Orchestra (vocal: Jack Leonard)
Slipping Around - Margaret Whiting & Jimmy Wakely
    1949-Birthday of singer Billy Price, Passaic, NJ
    1949- Donna Fargo birthday, country singer whose "Happiest Girl in the Whole USA" made her an overnight star and won her the Grammy award for Song of the Year 1972.
    1950 - The Country Girl, written by Clifford Odets, opened at the Lyceum Theatre in New York City. Uta Hagen, in the lead role, won a Best Actress Tony for her performance. A few years later, the play was made into a film, and Grace Kelly received the Best Actress Oscar for the same role.
    1951-Area Codes Introduced: the 10-digit North American Numbering Plan which provides area codes for Canada, the US, and many Caribbean nations was devised in 1947 by AT&T and Bell Labs. Eighty-four area codes were assigned. However, all long-distance calls at that time were operator-assigned. On this date in 1951, Mayor M. Leslie Denning of Englewood, NJ (area code 201) direct-dialed the mayor of Alameda, California. By 1960 all telephone customers could dial long distance calls. Because of the proliferation of faxes, modems and cell phones, the US could run out of area codes as early as 2007. The system is administered by the North American Numbering Plan Administration.
    1953 - Walt Disney's The Living Desert was released to theaters. It was very popular and became a box-office smash, later winning the Academy Award for Best Documentary Feature. Critics, however, felt there were too many gags and humor with music, which weakened its documentary claim. Disney toned down the comedic antics with subsequent nature documentaries.
    1953 - The film How to Marry a Millionaire, starring Marilyn Monroe, Betty Grable, and Lauren Bacall, premiered in New York on this date. It later received an Oscar nomination for Best Costume Design.
    1954 - The Iwo Jima Memorial was dedicated in Arlington, Virginia.
    1956 - After a 3 year absence, Billie Holiday returned to Carnegie Hall in New York City to give a concert called a high point in jazz history.
    1956 - Billboard's annual DJ's Poll finds that Elvis Presley is the most-played male artist and country artist.
    1957---Top Hits
Jailhouse Rock - Elvis Presley
You Send Me - Sam Cooke
Little Bitty Pretty One - Thurston Harris
Wake Up Little Susie - The Everly Brothers
    1957-Charlie Sifford wins the Long Beach Open, becoming the first Black person to win a major professional golf tournament.

    1958-A Billboard article notes Dick Clark's "phenomenal" rapport with his teenage audience and advertisers see him as "one of the hottest merchandising and promotional properties" on the tube. The article points out that Beechnut gum's sales have gone up 100 percent since becoming an "American Bandstand" sponsor.
    1960-Andrew Hatcher is named associate press secretary to President John F Kennedy, becoming the first Black press secretary.
    1963-Gordie Howe of the Detroit Red Wings scored the 545th goal of his career to surpass the mark held by Maurice Richard of the Montreal Canadiens.
    1964- The Braves sign a twenty-five year lease to play in the newly constructed Atlanta Stadium.
    1965 - No. 1 Billboard Pop Hit: "Get Off My Cloud," The Rolling Stones. The song is the group's second No. 1 single.
    1965---Top Hits
Get Off of My Cloud - The Rolling Stones
A Lover’s Concerto - The Toys
Everybody Loves a Clown - Gary Lewis & The Playboys
Hello Vietnam - Johnny Wright
    1967-The Moody Blues release "Nights in White Satin".
    1969-“Seseme Street” premieres on TV. An important, successful long-running children's show, "Sesame Street" educates children while they have fun. It takes place along a city street, featuring a diverse cast of humans and puppets. Through singing, puppetry, film clips and skits, kids are taught letters, numbers, concepts and other lessons. Shows are "sponsored" by letters and numbers. Human cast members have included: Loretta Long, Matt Robinson, Roscoe Orman, Bob McGrath, Linda Bove, Buffy St. Marie, Ruth Buzzi, Will Lee, Northern J. Calloway, Emilio Delgado and Sonia Manzano. Favorite Jim Henson muppets include Ernie, Bert, Grover, Oscar the Grouch, Kermit the Frog, the Cookie Monster, life-sized Big Bird and Mr Snuffleupagus.
    1969-"Led Zeppelin II" is certified gold.
    1973---Top Hits
Keep on Truckin’ - Eddie Kendricks
Heartbeat - It’s a Lovebeat - The DeFranco Family
Photograph - Ringo Starr
Paper Roses - Marie Osmond
    1973-David Essex's "Rock On" is released.
    1974 - No. 1 Billboard Pop Hit: "You Ain't Seen Nothing Yet," Bachman-Turner Overdrive.
    1975-The ore carrier Edmund Fitzgerald broke in two during a heavy storm in Lake Superior (near Whitefish Point). There were no survivors of this, the worst Great Lakes ship disaster of the decade, which took the lives of 29 crew members.
    1979-"The Genius," Ray Charles enters the soul singles chart for only the second time this year with "Just Because," which will peak at #69 in five weeks on the chart. His only other entry will be with the LP "Ain't it So," which enters the soul LP charts in two weeks and peaks at #59.
    1981---Top Hits
Private Eyes - Daryl Hall & John Oates
Start Me Up - The Rolling Stones
Tryin’ to Live My Life Without You - Bob Seger
Fancy Free - The Oak Ridge Boys
    1983-Microsoft software released. In 1980, Microsoft signed a contract with IBM to design an operating system, MS-DOS, for a personal computer that IBM was developing. On Nov 10, 1983, Microsoft released Windows, an extension of MS-DOS with a graphical user interface. Many say it “copied” features and even icons of the Apple operating system.
    1984 - The Maryland Terrapins set an NCAA football record when they came from a 31-0 halftime deficit to beat Miami’s Hurricanes, 42-40. The game broke the previous record set on October 20,
    1984- When Washington State came from 28 points behind to beat Stanford, 49-42.
    1984-The first Breeders’ Cup day of thoroughbred racing was held at Hollywood Park in California. Wild Again won the feature race, the $3 million Breeders’ Cup Classic, beating Slew O’Gold and Gate Dancer.
    1986 - "Bruce Springsteen & The E Street Band Live/1975-85", the highly watched for, long-anticipated album by "The Boss", went on sale in record stores. Fans made the LP a sellout in one-day, buying over a million copies and generating more first-day money than any record in 30 years. The hit album was a five-disc, 40-song set.
    1989---Top Hits
Listen to Your Heart - Roxette
Cover Girl - New Kids on the Block
When I See You Smile - Bad English
Ace in the Hole - George Strait
    1989 - Windy and wet weather prevailed across Washington State. Strong southerly winds gusted to 70 mph at Rattlesnake Ridge, near Hanford. Six rivers in western Washington State rose above flood stage between the 9th and the 11th of the month, following eight days of moderate to heavy rain. Rainfall over the western slopes of the Cascade Mountains between the 3rd and the 10th ranged from 14 to 24 inches. High freezing levels also caused the early snow pack to melt, adding to the runoff in the rain-swollen rivers. Damage was heaviest in Whatcom County, where the Nooksack River caused nearly six million dollars damage, mostly to roads and bridge
    1996 - Dan Marino was first NFL quarterback to throw for 50,000 yards in his career. He reached that mark as he completed a pass to O.J. McDuffie in a game against the Indianapolis Colts this day. Marino went on to a run up a career record of 61,361 yards passing.
    1997 - WorldCom Inc. and MCI Communications Corp. agreed to a $37 billion merger, the biggest in United States history. In 2002, World Com was be indicted for fraud in the millions of dollars and file bankruptcy, with several officers going to jail.
    1999 -- St. Louis' Isaac Bruce has four touchdown catches in a 42-20 win over San Francisco as the Rams snap a 17-game losing streak to the 49ers.



American Football Poem

Poems by
--Vince Lombardi

(1913-1970) US football coach

If winning isn't everything, why do they keep score?

The difference between a successful person and others is not a lack of strength,
not a lack of knowledge, but rather in a lack of will.

Gentleman, this is a football.

We didn't lose the game; we just ran out of time.

Fatigue makes cowards of us all.

The harder you work, the harder it is to surrender.

If you can't accept losing, you can't win.

Winning is a habit. Unfortunately, so is losing.

The quality of a person's life is in direct proportion to their
commitment excellence, regardless of their chosen field of endeavor.
All right Mister, let me tell you what winning means you're willing to
go longer, work harder, give more than anyone else.

The spirit, the will to win, and the will to excel are the things that endure.
These qualities are so much more important than the events that occur.

Individual commitment to a group effort -- that is what makes a
team work a company work, a society work, a civilization work.

Winning isn't everything it's the only thing.
--Vince Lombardi




The object is to insert the numbers in the boxes to satisfy only one condition: each row, column and 3x3 box must contain the digits 1 through 9 exactly once. What could be simpler?



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