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

kitmenkin@leasingnews.org
   




Monday, October 17, 2016



Today's Equipment Leasing Headlines

New York Proposes New Cyber Security Rules
   for Financial Institutions
"A disaster for small banks with branch offices in New York"
   By Tom McCurnin, Leasing News Legal Editor
Position Wanted – Collections
  Work Remotely or Relocate for Right Opportunity
Top Stories: October 11 - October 13
(Opened Most by Readers)
Commitment to Lease or Make Loan Agreements
 Updated
Leasing Industry Ads---Help Wanted
  Opportunity
Ideas for Comparing Job Offers
Career Crossroad---By Emily Fitzpatrick/RII
Channel Partners --September Last 20 Deals
  Fico/TIB/Annual Revenues/Term/Funding Amount
Part IV---Starting a Leasing Company
   Leasing 102 by Mr. Terry Winders, CLFP
Half Empty or Half Full
  Miss the Point –Placard
August --The List
  "The Good, the Bad and the Ugly"
FinTech Comes to UCC Filing Information
   For Mail or Telephone Marketing
Women in Leasing Luncheon
  at the NEFA Funding Symposium October 65th
Rottweiler/Boxer
Atlanta, Georgia  Adopt-a-Dog
Leasing News Classified Ads
Marketing
News Briefs---
Takeaways from #LenditEurope:
Watch While the Next Phase Unfolds
Lending Club tightens credit policies
    in fight to keep investor demand
Jim Beam distilleries workers walk off the job,
   strike over 'family values and heritage'
China gets a new billionaire every 5 days
 US: 41 New Billionaires, 36 Dropped Last Year

Broker/Funder/Industry Lists | Features (writer's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months

www.leasingcomplaints.com (Be Careful of Doing Business)
www.evergreenleasingnews.org
Leasing News Icon for Android Mobile Device 

You May have Missed---
  Baseball Poem
    Sports Briefs---
      California Nuts Brief---
       "Gimme that Wine"
          This Day in American History
         SuDoku
           Daily Puzzle
             GasBuddy
               Weather, USA or specific area
                 Traffic Live----

######## surrounding the article denotes it is a “press release” and was not written by Leasing News nor information verified, but from the source noted. When an article is signed by the writer, it is considered a “by line.” It reflects the opinion and research of the writer.



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[headlines]

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

 

New York Proposes New Cyber Security Rules
for Financial Institutions
"A disaster for small banks with branch offices in New York"

By Tom McCurnin
Leasing News Legal Editor

Proposed New York Regulation  23 NYCRR 500

After a strong debate, the New York State Department of Financial Services (DFS) has released a final version of its Cybersecurity Requirements for financial institutions. The DFS Cybersecurity Regulation has an extremely wide scope and will be a major factor in how financial entities secure their operations from cyber threats.

The regulation is one of the most comprehensive cybersecurity regulations ever enacted. Starting in 2017, “covered entities” will be required to implement a broad set of cybersecurity programs and other controls.

The readers may not believe they are covered but the definition of a covered entity is any entity required to operate under a license, registration, charter, certificate, permit, accreditation or similar authorization under the banking law, the insurance law, or the financial services law. Leasing companies and brokers are required to be licensed in New York if they loan the principal amount of $50,000 or less or charge 16% or more for the loan. So this proposed regulation may have broad applicability. There are some narrow exemptions to being licensed in New York which are specific to narrow lending business models, but that is beyond the scope of this article. Readers who wish to determine whether they might qualify for one of these exemptions should consult counsel. 

As to the proposed regulation, it first requires a covered entity to assess its specific risks and design a program that addresses those risks through a designated cyber-security officer for its own systems and its vendors which might obtain non-public information. Second, the entity must use defensive infrastructure to protect the entity’s information system by encryption by 2018. Third, the entity must be able to identify a potential or actual hack. Fourth, the entity must be able to recover and restore the information system. Finally, the entity must report bi-annually to the Department of Financial Services.  For the reports, there must exist an audit trail to allow the Department to audit the entity. 

Notwithstanding the requirement to be licensed, the entity may be excused from this cyber-security regulation if the entity has less than 1,000 customers during the last three years, less than $5 million in gross revenue, and less than $10 million in year-end assets.

Compliance must be very quick, as the entity will only have 180 days from implementation of the regulation to fully comply. 

What are the takeaways here? 

First, this is disaster for small banks with branch offices in New York, although certainly national banks will be exempt. 

Second, the regulatory burden will be great with government mandated new hires for cyber-security and new policies and hardware changes.

Third, the burden will not stop at the front door, because entities’ vendors which might have access to confidential information will also have to comply, whether or not they are a covered entity.

The bottom line to this new regulation is that cyber-security is a real problem, and New York is certainly taking a proactive role.  My only hope is that other states do not follow this lead.

Cyber Security Regulations (12 pages)
http://leasingnews.org/PDF/CyberSecurity2016.pdf

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

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

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

 



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

Position Wanted – Collections
Work Remotely or Relocate for Right Opportunity

Each Week Leasing News is pleased, as a service to its readership, to offer completely free ads placed by candidates for jobs in the industry.  These ads also can be accessed directly on the website at:
http://www.leasingnews.org/Classified/Jwanted/Jwanted.htm

Each ad is limited to (100) words and ads repeat for up to 6 months unless the candidate tells us to stop. Your submissions should be received here by the end of each week. 

Collections

Chicago, Illinois
Highly knowledgeable and analytical Equipment Leasing Executive; leveraging 25 years in Portfolio Management, Operations, Credit, and Collections within Banking environment and Commercial Equipment Leasing Industry; proven track record, developing/ implementing strategies, sound operational excellence and process improvement, while maximizing revenues and positioning organizations for greater success. wgriffith61@yahoo.com 
Resume


 

[headlines]
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Top Stories: October 11 - October 13
(Opened Most by Readers)

(1) Loan/Lease Regulations --- Updated
“Don’t Have a License? Not Caught, You’re Lucky, so Far”
http://leasingnews.org/archives/Oct2016/10_13.htm#loan

(2) Sorry No Thursday or Friday Edition
Christopher Menkin, Publisher/Editor
http://leasingnews.org/archives/Oct2016/10_11.htm#sorry

(3) New Hires/Promotions in the Leasing Business
           and Related Industries
http://leasingnews.org/archives/Oct2016/10_13.htm#hires

(4) New Hires/Promotions in the Leasing Business
        and Related Industries
http://leasingnews.org/archives/Oct2016/10_11.htm#hires

(5) NACLB Conference
How Many Are New to the Finance Broker Business?
      Raise Your Hands -- by Kit Menkin
http://leasingnews.org/archives/Oct2016/10_11.htm#how

(6) Wells Fargo CEO John Stumpf Resigns Effective Immediately
   Timothy J. Sloan Now President/CEO
http://www.sfgate.com/news/article/Wells-Fargo-CEO-John-Stumpf-resigns-effective-9967431.php

(7) Wells Fargo Reshuffles Top Ranks,
    Rallying Around Its No. 2
http://www.nytimes.com/2016/10/11/business/dealbook/wells-fargo-reshuffles-top-ranks-rallying-around-its-no-2.html?ref=business

(8) Part III: Starting a Leasing Company and New Markets
   Leasing #102 by Mr. Terry Winders, CLFP
http://leasingnews.org/archives/Oct2016/10_11.htm#part3

(9) LendingClub Corp (LC) Stock Has Learned a Lesson
    — People Lie
http://investorplace.com/2016/10/lendingclub-corp-lc-stock-learns/#.V_10YeArJNc

(10) NAELB Hosts Successful 2016 Eastern Regional Conference
  Small Conference is Okay at 77, They Report
http://leasingnews.org/archives/Oct2016/10_11.htm#naelb

 

Please Click on Bulletin Board to learn more information
Leasing News provides this ad “gratis” as a means
to help support the growth of Lease Police

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

Leasing Industry Ads---Help Wanted Opportunity

Ascentium Capital/Bank of Ozarks Finance

SALES POSITIONS AVAILABLE

We are a premier self-funded small ticket and
middle market full service equipment finance company.
Our compensation programs are aggressive and include full insurance benefits, matching 401k, etc.

Positions are available for well experienced industry
professionals with a minimum production level
of $400k per month in funded business.

Please email your resume to sschachtel@bankozarks.com
or call directly at 973-768-7501

Bank of the Ozarks was recognized as the top performing bank
in the United States, based on financial performance,
five years in a row, 2011-2015.
• Rated as “well capitalized” –
the highest available regulatory rating
• Publicly traded company on the
NASDAQ Global Select Market, symbol OZRK
• Headquartered in Little Rock, Arkansas
• Chartered in March 1903, a 111-year heritage

256 Offices, $18.5 billion in assets, second quarter
2016 net income of over $54 million

www.bankozarks.com/equipment

Bank of the Ozarks


We are an equal opportunity employer and give consideration for employment to qualified applicants without regard to race, color, religion, sex, national origin, sexual orientation, disability status, protected veteran status, or any other characteristic protected by federal, state, and local law. Member FDIC.




[headlines]
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Commitment to Lease or Make Loan Agreements

Perhaps more eDocs are being used for leasing and loan agreements, but most brokers are not so equipment at this time.

In small ticket leases, the actual lease payment is often given and calls for the first and last payment as well as the documentation fee. Often a clause contains a "documentation" fee for $495.00 is noted, along with a clause that it is non-refundable if the lease is not approved. Often the wording is different and seems to be buried.  Sometimes it is quite obvious and is spelled out as a processing fee.
 
This form was developed by Attorney Ken Greene, who is also a longtime advisor to Leasing News. It is aimed at keeping fees for working on an application.

Greene Agreement to Keep Expenses
http://leasingnews.org/PDF/GreeneAgreementExpenses2016.pdf

In larger ticket size leases, a form as this is often used, which specifically charges a fee to process the application:

Charges a Fee Form
http://leasingnews.org/PDF/ChargesFeeForm2016.pdf

Business Loans or "Working Capital" loan commitment letters are explicit.  This is a form most often used by California License Finance Lenders:

Authorization to Find Lender
http://leasingnews.org/PDF/ChargesFeeForm2016.pdf

The dollar size of the lease proposal often dictates the details and length of the commitment letter.

This form is one of the most widely used in the leasing industry for leases $50,000 and above and covers most of the bases. Note: Last sentences about the signatures makes this more a “proposal,” than commitment. If required, these sentences may be removed.

Lease Commitment Agreement
http://leasingnews.org/PDF/LeaseCommittmentAgreement2016.pdf

It is a good idea to have the form you use reviewed by an attorney with equipment leasing experience. This does not mean your college friend who became a lawyer. You wouldn't take your children to an Endodontist to get braces on their teeth, although the practitioner is a "dentist." The same with going to an attorney. You go to a specialist who has experience in the leasing and finance industry.

Some things to consider in your form.

#1: ACH---If you are going to require it or may require it, you should have this spelled out in the agreement. If not in the contract and becomes a requirement of the lease, the proposal is invalid.

#2 Date---It is a good idea to have a time period involved. This can be  based on completion of all the documents and/or lease contracts. The time factor may be important, particularly if the matter goes to small claims court, or a higher court, depending on the money involved.
(Attorneys most likely will have different opinions on this, but it is important to let the applicant know there is a time frame involved in conducting credit or having to re-do credit and even ask for more current financial information, due to the time involved in collecting what you originally required.)

#3 Personal guarantees---of all officers who own 10% or more of a privately held corporation. (This will protect if the final approval comes in with terms and conditions but requires other guarantors who are not named on the application or in the proposal.)

 


Ken Greene
Law Offices of Kenneth Charles Greene
5743 Corsa Avenue Suite 208
Westlake Village, California 91362
Tel: 818.575.9095
Fax: 805.435.7464
Skype: 424.235.1658
ken@kengreenelaw.com
kenlaw100@gmail.com

 


 

[headlines]
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Ideas for Comparing Job Offers
Career Crossroad---By Emily Fitzpatrick/RII

You may find yourself in a position where you are choosing between multiple job offers, or you may be evaluating how an offer compares to your current position. Before embarking on any career search, you should have determined your expectations in every aspect including compensation offerings.

1st Step: Which job is clarifying what you want in your next position? This will help you assess whether the job you are being offered is in the right direction; define your “ideal” job. Request your “Your Ideal Job” worksheet to clarify what your dream job looks like 

2nd Step: Compare your current job to offers; make an apples-to-apples comparison. For example, if both jobs offer full insurance, you need to dig deeper and examine specifics that meet your specific requirements.

3rd Step: Compare your current position to a job offer, or you can compare two different job offers against each other. The “Comparing Two Job Offers” worksheet will help you assess the opportunities.

Sample Worksheet for Comparing Job Offers:

“Base Pay,” that may be a particular number:

 

Current Job

Potential Job #1

Potential Job #2

Base Pay

$42,000

$38,000

$45,000

You could use a “Plus/Minus” system to assess whether a job is a better match to your ideal job profile:

 

Current Job

Potential Job #1

Potential Job #2

Length of Commute

+

+

-

You can also rank the criteria within a particular category; for an example, please request “Nature of Work Ranking Worksheet.”


Examples to Compare

“Interesting” Work / Creative Work

Challenging Work

Opportunity for Advancement


Feel free to Request Full Worksheet for Comparing Two Job Offers: SOME EXAMPLES
COMPENSATION

 

Current Job

Potential Job #1

Potential Job #2

Base Pay

 

 

 

Overtime/OT Policies

 

 

 

BENEFITS

 

Current Job

Potential Job #1

Potential Job #2

Child Care/Dependent Care

 

 

 

Additional Perks
(Free Lunches, Massages)

 

 

 

SCHEDULING

 

Current Job

Potential Job #1

Potential Job #2

Length of Commute

 

 

 

Family Friendly (Adjust Schedule for Children’s Events)

 

 

 

NATURE OF THE WORK

 

Current Job

Potential Job #1

Potential Job #2

“Interesting” / Challenging Work

 

 

 

Opportunity for Advancement

 

 

 

COMPANY CULTURE

 

Current Job

Potential Job #1

Potential Job #2

Company Reputation

 

 

 

Values in Alignment with Yours

 

 

 

STABILITY

 

Current Job

Potential Job #1

Potential Job #2

Industry Growing or Dying

 

 

 

Company Stability (How is the Company Doing Financially)

 

 

 

Taking the time to analyze your offers and current role will give you an upper hand in controlling your present and future career goals.  Do not ever just take a job without a complete analysis.  If working with a Recruiter, they can go through this process with you.

 

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

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

[headlines]
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[headlines]
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Part IV---Starting a Leasing Company

 

One of the most important requirements of booking your own transactions with a bank line of credit is to stay within your own market territory. Some vendors sell over a broad range of States and their interest will be for you to fund regardless of the Lessee’s location. You need to retain those that are in your immediate area but sell off those that are out of State or over 200 miles away. It is an old adage in the leasing business that the greater the distance, the greater the collection costs. When a problem develops, it is very serious when you have a startup portfolio so you need to be able to visit the Lessee and get things worked out in a hurry. This becomes difficult and expensive the further the lessee is from your base of operations.

Select an industry that appeals to you personally because if you are interested in the equipment beyond arranging the leasing,  the vendors will prefer to work with you and you will get to know the equipment better. I love woodworking so I began by going to woodworking shows and discussing at ength the ability of many of the machines displayed there. Because I took such an interest in the equipment,  the vendors did not turn me away when, in the end, I explained my real purpose. Woodworking equipment turned out to be a wonderful market with a lot of local customers in my area.

If you check with your State industrial equipment guides, you can review the manufacturers and vendors that are unique to your market area. Small markets do not interest the large lessors that need national accounts and large volume. I discovered the marina industry in my area, and to my surprise, most of them were very small companies with good balance sheets and several needs from houseboats to floating docks. They also liked dealing with someone that could fund their deals with local banks in their area that understood their business. I also found many new markets by visiting local trade shows and small industry gatherings. There is a great deal of information at the Better Business Bureau and, if you have one, the local business paper that lists all of the new businesses including new vendors.

Also, I like to park my car and just walk around a business park to call on all of the local businesses and small manufacturers to determine if any need assistance. On many occasions, I discovered a real opportunity calling on business with a strange name that did not begin to explain what they were about. I found both lease opportunities and new vendors this way. Walking is good for the spirit.

The other thing that is important is your documentation. For some odd reason new lease companies think they can get by with short or light generic lease agreements. I think that is like thinking that a long rope prevents you from hanging. Proper, complete, well drafted documents are critical to preventing losses in your portfolio. Do not redraft some other company’s documents and put your name on it. Good documents are created to match the markets you serve. Maintenance requirements return conditions, and many parts of the lease agreement should be tailor-made for your vendors or equipment choices. I would also suggest using master leases on all transactions with each type of equipment utilizing its own schedule. In the beginning, many companies think they are going to go full term on all of the equipment and it rarely happens. The more equipment on a schedule, the more often something breaks,  or becomes obsolete or just no longer useful. Try and group like equipment together and place large pieces on separate leases. Any money spent with good lease counsel to create good documents is money well spent.

One of best things you can do to shore up your portfolio is to complete a good study on each piece of equipment regardless of size. I know this sounds like overkill, however, in the process you will be forced to ask the lessee questions about its use and that may lead you to a different term than that which was first offered and cut your risk. The more you know about the equipment and its remarketability, the stronger your portfolio will be.

Starting a leasing company takes time and a lot of thought. Do not try and do it quickly, take your time and do it correctly.

Part #I
So You Want To Start a Leasing Company
http://leasingnews.org/archives/Sep2016/09_26.htm#so

Part #II
Starting a Leasing Company
http://leasingnews.org/archives/Oct2016/10_03.htm#start

Part III: Starting a Leasing Company and New Markets
http://leasingnews.org/archives/Oct2016/10_11.htm#part3


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

 

(Leasing News provides this ad as a trade for investigative
reporting provided by John Kenny)

 

[headlines]
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[headlines]
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August --The List
  "The Good, the Bad and the Ugly"

GE Capital, Boston, Ma. (08/16) General Electric moves 200 to 300 temporary headquarters in Boston, building a 12 – story glass building for new HQ. http://leasingnews.org/archives/Aug2016/08_31.htm#ge

Bancorp Equipment Finance, Hattiesburg, Mississippi (08/16) Kyle W. Gilliam, CLFP, Past President of the National Equipment Finance Association, and Co-Founder/President/CEO Arvest Equipment Finance, was appointed President:
 http://leasingnews.org/archives/Aug2016/08_17.htm#kyle

National Funding, San Diego, CA (08/16) Announces deployed $1.5
billion in capital, funding small businesses with short-term working capital loans. http://leasingnews.org/archives/Aug2016/08_01.htm#national

Marlin Leasing, Mt. Laurel, New Jersey (08/16) New President/CEO
Jeff Hilzinger announces his plans for Marlin:
http://leasingnews.org/archives/Aug2016/08_01.htm#hilzinger

 


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

 

FinTech Comes to UCC Filing Information
For Mail or Telephone Marketing

One of the most popular means of creating sales has been through
the use of Uniform Commercial code (UCC) filings. Financial Technology has brought such firms as credit.net to the forefront of filing.  The company states it invests of $20 million annual and employs over 350 researchers to compile their business database.

The UCC data is used to "Find the right prospects to target with your lending
or cash advance services."

Credit.net updates its filings monthly with the latest accurate information,
they state.

Information Includes:
  Debtor name and address
Security party name and address
Filing date
Filing number
Filing location
Filing type
Collateral type
Collateral description.

Credit.net also incorporates hard-to-find data such as:
  Phone number
SIC and NAICS codes
Sales volume
NCOA addresses
Contact names
  plus more information

The company also provides business credit reports.

customerservice@credit.net
800-993.5323

http://www.credit.net

 
(Leasing News provides this ad as a trade for appraisals
and equipment valuations provided by Ed Castagna)

[headlines]
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Women in Leasing Luncheon
at the NEFA Funding Symposium October 65th


(Photo: Courtesy Shari Lipski)

“The Women in the ‘LinkedIn Women in Leasing’ Group hosted their fall luncheon with 40+ women in attendance for a fantastic lunch at Cedar + Stone at the JW Marriott at the Mall of America on October 6th. The event was co-hosted by ECS Financial Services' Shari Lipski and Laura Carini of Financial Pacific Leasing an Umpqua Bank Company. The event was held in conjunction with the 2016 National Equipment Finance Association Funding Symposium.”

  Shari L. Lipski, CLFP
ECS Financial Services
SLipski@ecsfinancial.com


[headlines]
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Rottweiler/Boxer
Atlanta, Georgia  Adopt-a-Dog


Porter Bella

Animal ID   12351996
Breed: Rottweiler/Boxer
Age: 5 years 11 months 12 days
Sex: Female
Size: Small
Color: Black/Tan
Spayed
Declawed: No
Site: Howell Mill Road
Location: HM-Adoption Ready
Intake Date: 10/8/2016
Adoption Price: $125.00

Adoption Process:
http://atlantahumane.org/adopt/adoption-information/

Atlanta Humane Society
Howell Mill Campos
981 Howell Mill Road NW
Atlanta, GA 30318
404-875-5331

The Howell Mill Campus is located at the corner
of 10th St. and Howell Mill Rd. in NW Atlanta.

Adoption Hours
Monday-Friday: 12pm - 7pm
Saturday-Sunday: 11am - 6pm

 

[headlines]
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Leasing News Classified Ads

Marketing

Marketing: Generate Leads, Build Authority and Showcase your expertise with your own lease blog. Don't have the time? We do it for you. Complete turnkey blog setup and/or content only provided by leasing expert for leasing companies. Email for free evaluation
stu@p2plendingexpert.com
SAWBUX: a different kind of marketing firm.  Built by deal guys for deal guys, we drive sales and create winning brands. Contact:EMAIL


Finance Marketing: 
AFull-service creative marketing agency that provides multi-channel digital marketing solutions including PPC Lead Generation, SEO, Social Media & Email Marketing. Our passion for the finance industry has enabled us to help connect our clients with their customers in today’s complex digital landscape.
brittney@financemarketing.com

 

 

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


News Briefs---

Takeaways from #LenditEurope:
Watch While the Next Phase Unfolds
https://dailyfintech.com/2016/10/14/takeaways-from-lenditeurope-watch-while-the-next-phase-unfolds/

Lending Club tightens credit policies
    in fight to keep investor demand
https://www.ft.com/content/d61607be-93b8-11e6-a1dc-bdf38d484582

Jim Beam distilleries workers walk off the job,
   strike over 'family values and heritage'
http://www.upi.com/Business_News/2016/10/15/Jim-Beam-distilleries-workers-walk-off-the-job-strike-over-family-values-and-heritage/7161476560776/?spt=sec&or=bn

China gets a new billionaire every 5 days
 US: 41 New Billionaires, 36 Dropped Last Year
http://www.businessinsider.com/the-number-of-billionaires-growing-fastest-in-china-asia-2


[headlines]

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--You May Have Missed It

The 10 worst states for foreclosures
   Slideshow
http://www.bankrate.com/finance/real-estate/top-10-states-for-foreclosure-1.aspx


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

Baseball Poem

Red Sox Prayer, 2004
By Joan Morgan, Oklahoma

O' Lord,
If it would not be too much of an imposition,
I have a special request of you.

Please shine down your heavenly rays upon the boys of summer in Beantown.
Make their already potent bats and lively arms instruments of Holy decimation,
In order to strike down the Evil Empire.

Deliver us to victory,
Assuage our many years of anguish,
And lift us to heights we have not seen since 1918.

Oh, Lord one more thing:
Watch over the Cubs too


[headlines]

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Sports Briefs----

NFL Scores:
http://www.si.com/nfl/2016/10/16/nfl-week-6-storylines

Monday Night Football ratings tumble 24%
    in week 5 as NFL TV woes continue
http://www.fiercecable.com/cable/monday-night-football-ratings-tumble-24-week-5-as-nfl-tv-woes-continue

Dolphins stun Steelers, with 204 rushing yards from Ajayi
http://profootballtalk.nbcsports.com/2016/10/16/dolphins-stun-steelers-with-204-rushing-yards-from-ajayi/

Bengals vs. Patriots: Score and Twitter Reaction
   from 2016 Regular Season
http://bleacherreport.com/articles/2669927-bengals-vs-patriots-score-and-twitter-reaction-from-2016-regular-season

Odell Beckham Jr. bails out Giants and potentially saves season
http://www.espn.com/blog/new-york-giants/post/_/id/48835/odell-beckham-jr-bails-out-the-giants-and-potentially-saves-season

Colin Kaepernick’s return can’t rescue 49ers
    from bad defense against Bills
http://www.eastbaytimes.com/2016/10/16/colin-kaepernicks-return-cant-rescue-49ers-from-bad-defense-against-bills/

Jim Harbaugh works Bay Area high school football sideline
http://www.mercurynews.com/2016/10/15/jim-harbaugh-works-bay-area-high-school-football-sideline/

 

[headlines]
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California Nuts Briefs---

Home pot delivery is now about as easy as ordering a pizza
    – but is it legal?
http://www.sacbee.com/news/state/california/california-weed/article108518032.html

What Falling Water Conservation Numbers Mean for California
https://www.newsdeeply.com/water/articles/2016/10/11/what-falling-water-conservation-numbers-mean-for-california



[headlines]
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“Gimme that Wine”

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

Napa Valley 2016 Harvest Wraps Up
    Right Before Region's First Storm
https://www.winebusiness.com/news/?go=getArticle&dataid=175734

Sonoma County grower credits great growing-season weather
   for a great 2016 wine grape crop
http://westernfarmpress.com/grapes/sonoma-county-grower-credits-great-growing-season-weather-great-2016-wine-grape-crop

Wine Ink column: The book of Shanken celebrates four decades
http://www.summitdaily.com/explore-summit/events/wine-ink-column-the-book-of-shanken-celebrates-four-decades/


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This Day in American History

  

October 13


     1492 - Columbus sights the isle of San Salvador, Bahamas.  Columbus called the island San Salvador; the natives called it Guanahani. Exactly which island in the Bahamas this corresponds to is unresolved. Based on primary accounts and on what one would expect from the geographic positions of the islands given Columbus's course, the prime candidates are San Salvador Island (so named in 1925 on the theory that it was Columbus's San Salvador), Sanama Cay, and Plana Cays.
    1711 - Birthday of Jupiter Hammon (d. 1790), America's first published black poet, whose birth anniver­sary is celebrated annually as Black Poetry Day, was born into slavery, probably at Long Island, NY. He was taught to read, how­ever, and as a trusted servant was allowed to use his master's library. “With the publication on Christmas Day, 1760, of the 88-line broadside poem ‘An Evening Thought,' Jupiter Hammon, then 49, became the first black in America to publish poetry.”
    1777 - British General John Burgoyne with an army of 7,000 surrenders at Saratoga, NY. Burgoyne, known in the press as "Gentleman Johnny" began his sojourn in Canada. Burgoyne's cumbersome retinue, which included 30 carts of Burgoyne's personal possessions, and several cases of champagne, was stymied by the dense New York forests. The American History handbook states he was surrounded by a superior force, and “capitulated” to Gen. Horatio Gates.
http://www.pbs.org/ktca/liberty/chronicle/episode4.html
http://famousamericans.net/johnstark/johnburgoyne.net/
http://www.horatiogates.com/ http://www.patriotresource.com/people/gates/timeline.html
    1781 - Cornwallis was defeated at Yorktown, VA. Cornwallis' options had been running out. He had even tried sending blacks infected with smallpox over enemy lines in an attempt to infect the American and French troops. After a futile counterattack, General Cornwallis attempted to escape encirclement by crossing York River, "but a violent storm arose," dispersing his boats causing him to ask for an armistice.
    1787 – Blacks in Boston petitioned the state legislature for equal education facilities.  In 1642, the Massachusetts Bay Colony made "proper" education compulsory; other New England colonies followed. Similar statutes were adopted in other colonies in the 1640s and 1650s. The schools were all male and all white, with few facilities for girls.  In the 18th century, "common schools," appeared; students of all ages were under the control of one teacher in one room. Although they were publicly supplied at the local (town) level, they were not free, and instead were supported by tuition or "rate bills."  In 1965, Massachusetts passed into law the Racial Imbalance Act, which ordered school districts to desegregate or risk losing state educational funding. The first law of its kind in the nation, it was opposed by many in Boston.
    1814 - Marines and Sailors landed on Grand Terre Island, Louisiana, to punish pirates. Pirate leader Jean Lafitte's activities threatened to monopolize the city's import trade. New Orleans merchants goaded the new American governor, William C. C. Claiborne, into accusing him of piracy and posting a $500 reward. Lafitte made Claiborne a laughingstock with his own offer of $1500 for Claiborne's capture, and to rub it in, he hired District Attorney John R. Grymes as his counselor (for a reported $10,000). Lafitte would not be bought, bribed, or intimidated. In 1814, the British offered him $30,000 and a Royal Navy commission to help them capture New Orleans. The buccaneer turned them down and informed Claiborne of his wish to become a citizen and to give Claiborne his support if his privateer followers were pardoned for all past crimes. Claiborne was ready to relent when the American Navy swooped down on the Grand Terre base and destroyed it. Fortunately for the infant United States, General Andrew Jackson sought out the buccaneer and agreed to honor his request.
    1823 - Seeking counsel on foreign policy, specifically South America, President Monroe formulated the “Monroe Doctrine:” hands-off, which actually started with President George Washington who warned about joining Britain or any other country in their “foreign affairs, disputes, conquests.”
http://memory.loc.gov/ammem/today/oct17.html
    1834 - James Bogardus of New York City received a patent for a “gas meter” to record the amount of gas used. It operated on the principle of a bellows, alternately being filled with gas and emptied, while the pulsations were counted on a register.
    1845 - According to a Boston newspaper, the entire audience walked out of a reading of "The Raven." The audience walked out, not because of the material, but because of their objection to Edgar Allan Poe, the reader and author of the macabre story. 
    1848 - Birthday of William “Candy” Cummings (d. 1924), Baseball Hall of Fame pitcher, at Ware, MA. Cummings is generally regarded as the first pitcher to throw a curve ball. He learned the technique, he said, sailing oyster shells. He played in baseball's amateur era and as a professional. Inducted in the Hall of Fame in 1939.
    1855 – The Bessemer steel-making process was patented.  The first inexpensive industrial process for the mass-production of steel from molten pig iron required the removal of impurities from the iron by oxidation with air being blown through the molten iron. The oxidation also raises the temperature of the iron mass and keeps it molten. The modern process is named after its inventor, the Englishman Henry Bessemer.
    1859 - Abolitionist John Brown leads a group of men in a raid to capture the federal arsenal located at Harpers Ferry, Virginia with the intent to arm slaves he would lead in revolt against their masters. His plans are foiled by local townspeople who attacked his party and forced it into the firehouse. U.S. Marines under the command of Army Colonel Robert E. Lee arrive and storm the “Brown's fort,” killing or capturing the raiders. Brown is captured and later tried for treason, convicted and quickly hung in Charlestown, VA (now WV). During this period, he is guarded by several hundred Virginia militia against the possibility of other raiders trying to free him, though no such attack was launched. Because of his raid and the fear of other attempts to get the slaves to rise in revolt, the growth of volunteer militia units in the southern states rose sharply in the months leading up to the Civil War.
    1859 – William “Buck” Ewing (d. 1906) was born in Hoagland, OH.  One of the biggest stars in 19th century baseball and arguably among the greatest catcher of all time, he was inducted into the National Baseball Hall of Fame in 1939.
1863 - The San Francisco and San Jose Railroad ran their first
train to California Avenue, Mayfield (which was to become the City to Palo Alto.)  A picnic was given near San Francisquito Creek for a crowd of 500. The next day regular service was begun to Mayfield
http://www.ggrm.org/history/peninsula.html
    1886 - Birthday of Spring Byington (d. 1971), Colorado Springs, CO.  U.S. stage actress turned movie character actor in dozens of films. Starred in the long-running television series, “December Bride” (1954-59).  My close high school friend’s father, Harry Morgan, appeared in the television series, and then later went on to “Dragnet” and “M*A*S*H*.”
    1888 - The first issue of "National Geographic Magazine" was on newsstands. The highly acclaimed magazine was published on a somewhat irregular basis at first. Material was hard to come by in the early years, so the publisher just waited to publish the next issue until enough material accumulated to fill it. The science and travel magazine, the official journal of the National Geographic Society (incorporated January 27, 1888), soon became a monthly and it wasn't long before it was famous for its maps and photographic essays of exotic locales and peoples. 
    1905 - Birthday of Jean Arthur (d. 1991), Plattsburgh, NY.  She was an actor with a voice that "had a poignant catch in it," was a star in both the movies and Broadway. She is best known for her movie roles in “Mr. Smith Goes to Washington” (1939), “The More the Merrier” (1943), and “Shane” (1953), and my favorite, “You Can't Take It With You” (1938). On Broadway, her Peter Pan was noteworthy. She suffered a great deal from "camera fright," and had retired before being convinced to come back for what became a Hollywood classic, “Shane.” She later taught acting at Vassar College. 
    1909 - Drummer William Randolph “Cozy” Cole (d. 1981) was born East Orange, NJ.  Played with Cab Calloway, Louie Armstrong.  He scored a #1 Cashbox magazine hit with the songs "Topsy I" and "Topsy II." "Topsy II" peaked at #3 on the Billboard Hot 100, and at #1 on the R&B chart.  It sold over one million copies, and was awarded a gold disc.  It reached #29 in the UK Singles Chart in 1958.  The recording contained a lengthy drum solo, and was one of the few drum solo recording that ever made the charts.  In films: “Make Mine Music,” “The Glenn Miller Story.”  Developed a drummers' school with Gene Krupa. 
http://www.spaceagepop.com/cozycole.htm
http://www.drummerworld.com/drummers/Cozy%20Cole.html
    1910 - Trumpet Player Harry “Sweets” Edison (d. 1999) birthday, Columbus, OH.  Member of the Count Basie orchestra.  http://www.geocities.com/BourbonStreet/9555/artists/lege\nd
s/edison_harry.html
http://www.geocities.com/BourbonStreet/9555/artists/lege
nds/edison_harry.htm
l
    1911 – Home Run Baker got his nickname.  In Game 3 of the World Series, Frank Baker homered in the 9th inning off Christy Mathewson to tie the score, 1 - 1. His Philadelphia Athletics scored twice in the 11th inning to beat the New York Giants, 3-2.
    1912 – Pope John Paul I was born Albino Luciani in the Italian province of Veneto.  He served as Pope for only 33 days, among the shortest in papal history.  His death, despite rampant conspiracy theories, was deemed due to a massive heart attack.
    1914 – Jerome “Jerry” Siegel (d. 1996) was born in Cleveland.  Co-creator, along with Joe Shuster, of “Superman,” the first of the great comic book superheroes and one of the most recognizable of the 20th century.  As part of the deal which saw “Superman” published in Action Comics, Siegel and Shuster sold the rights to the company in return for $130 and a contract to supply the publisher with material.  In the midst of the Great Depression, the cash and a steady job were considered a good deal.
    1915 - Birthday of dramatist Arthur Miller (d. 2005), New York, NY. “Death of a Salesman,” “A View from the Bridge,” “All My Sons,” “The Crucible.”
http://www.kirjasto.sci.fi/amiller.htm
http://ocean.st.usm.edu/~wsimkins/trial.html
    1918 - Birthday of Rita Hayworth, born Margarita Carmen Cansino (d. 1987) in Brooklyn.  Her father was a dancer from Spain and her mother performed with Ziegfeld.  Dancer, actor, World War II Pin Up Girl. Her husbands were as interesting as her films: Orson Wells, innovative director and actor; Prince Aly Khan, playboy of the Moslem world; singer Dick Haymes and British film director James Hill (of “Born Free”). As a film actor, her “Gilda” (1944) and “The Lady from Shanghai” (1949) were probably her best. She was billed as the Great American Love Goddess. Her picture was attached to the atomic test bomb that was dropped on Bikini Atoll in 1946 - considered at the time to be a great compliment. She was a very fine dancer. Her mother was one of a long line of English actors. She was a victim of Alzheimer's disease and her daughter Jasmine (daughter of Aly Khan) remained steadfastly devoted to her through all the bad times.
    1919 - The Radio Corporation of America, soon to be simply known as RCA, is founded by General Electric as a publicly-held monopoly, much the same way "the phone company" was originally envisioned.  After World War I began in August 1914, radio traffic across the Atlantic Ocean increased dramatically after the western Allies cut the German transatlantic telegraph cables. Germany, Austria-Hungary, and their allies in Europe maintained contact with neutral countries in the Americas via long-distance radio and telegraph cables owned by neutral countries such as the Netherlands and Denmark.  In 1917, the US government took charge of the patents owned by the major companies involved in radio manufacture in the United States to devote radio technology to the war effort. All production of radio equipment was allocated to the US Armed Forces. The War department and the Navy Department sought to maintain a federal monopoly of all uses of radio technology. The wartime takeover of all radio systems ended late in 1918, when the U.S. Congress failed to pass a bill which would have extended this monopoly. The war ended in November of that year.  The ending of the federal government's monopoly in radio communications did not prevent the War and Navy Departments from creating a national radio system for the United States.  On 8 April 1919, naval Adm. W. H. G. Bullard and Capt. Stanford C. Hooper met with executives of the General Electric Company and asked them to discontinue selling the company's Alexanderson alternators (used in the high-power AM radio transmitters of that era) to the British-owned Marconi Company, and to its subsidiary, the Marconi Wireless Telegraph Company of America.  The proposal presented by the government was that if GE created an American-owned radio company, then the Army and Navy would effect a monopoly of long-distance radio communications via this company. This marked the beginning of a series of negotiations through which GE would buy the American Marconi company and then incorporate what would be called the Radio Corporation of America.
    1923 - Guitarist Barney Kessel (d. 2004) born Muskogee, OK.
http://www.classicjazzguitar.com/artists/artists_page.jsp?artist=17
http://www.jazzguitar.com/features/kessel.html
http://hometown.aol.com/kenbrowgtr/kesselstories.htm
    1928 - James William (Jim) Gilliam (d. 1978), baseball player, born at Nashville, TN. Gilliam, known as “Junior,” was National League Rookie of the Year in 1953 for the Brooklyn Dodgers after playing in the Negro Leagues. He was a steady infielder who became a respected coach after his retirement.
    1930 - Duke Ellington records “Mood Indigo,” Brunswick.
    1931 - After a long run as the crime kingpin of Chicago's underworld, Al Capone finally landed in jail. Capone was ultimately sent away for tax evasion, a relatively minor offense for a man who oversaw elaborate liquor bootlegging network, extensive prostitution rings, and various gambling operations. For many years, crime did pay for Capone. By 1927, he had hauled in an impressive--and tax-free--fortune worth over $100 million. Of course, with his penchant for maiming and killing the competition, Capone was just a bit more dangerous than the average entrepreneur. However, usual strong-arm tactics couldn't help him bully past the IRS. Capone was sentenced to an eleven-year prison term and was forced to pay $80,000 in fines and court fees. 
    1931 - Birthday of Anne Bancroft, born Anna Maria Louisa Italiano (d. 2005) in The Bronx.  An often-honored U.S. stage and film actor, she won the 1960 Tony (ANTA) award for originating the Annie Sullivan role in “The Miracle Worker” and won the Academy Award when she reprised the role on film. In 1987, she won the top British film award for her beautifully understated role in “84 Charing Cross Road.” Other awards: 1958 Tony for Best Supporting Actress for “Two for the Seasons;” Academy Award nominations for “The Pumpkin Eater” (1964) which won the Cannes International Film festival prize, “The Graduate” (1967), and “The Turning Point” (1977).  Her mother was a telephone operator at Macy's Department Store in New York City. She was an outstanding comedian and receive the Lifetime Achievement in Comedy award in 1966.
    1932 - Birthday of Paul Edward Anderson (d. 1994), Olympic gold medal weightlifter, at Tocoa, GA. Anderson won the heavyweight world championship in 1955 and a gold medal at the 1956 Melbourne Olympics. He was renowned as the “World's Strongest Man” for his feats of strength, including a back lift of 6,270 pounds. In 1962 he opened the Paul Anderson Youth Home.    
    1933 - Dr. Albert Einstein moved to Princeton, NJ, after arriving in the United States from his troubled homeland of Germany. 
    1933 – Pianist Floyd Cramer (d. 1997) was born in Shreveport, LA.  Cramer became well known following the release of "Last Date" in 1960.  The instrumental piece exhibited a relatively new concept in piano playing known as the "slip note" style. The record went to number two on the Billboard Hot 100 chart, sold over one million copies, and was awarded a gold disc. In 2003, Cramer was inducted into the Country Music and the Rock and Roll Halls of Fame.  In 2004, his recording of "Last Date" was inducted into the Grammy Hall of Fame.
    1934 - Birthday of Maureen Catherine Connolly (d. 1969), San Diego.  Arguably the greatest woman tennis player who ever lived. She was the first woman to win the grand slam of tennis, winning the British (Wimbledon), U.S., Australian, and French singles championships in 1953.
She won the first of her three U.S. championship at 17 after which she lost only four matches the rest of her career. She won the Wimbledon three times (1952-54), the French Championship in 1953 and 1954, and the Australian (1953) and Italian (1954). The Associated Press named her Woman Athlete of the Year in 1952, 1953, and 1954. All this by the time she was 20!  But that was all there was to be. She suffered a career-ending horseback riding accident when she was only 20, just weeks after winning her third straight Wimbledon.  She had started playing tennis when she was ten, begging her parents for equipment and a pro teacher. She became a star in amateur competition almost immediately and, at 13, caught the eye of legendary coach Eleanor Tennant who had also guided the games of such tennis luminaries as Helen Wills Moody and Alice Marble.  Connolly was a natural left-hander who played right with a devastating ground game. At one point she won 56 straight matches.  Following her career-ending accident, she devoted her efforts to helping young players through the Maureen Connolly Brinker foundation. She married and had two children before the unthinkable occurred. She died of cancer at only 35.    1945 - Actress Ava Gardner made news. She married bandleader Artie Shaw. 
    1949 - The first long-distance dial telephone service began. The president of Pacific Telephone and Telegraph dialed New York City from Oakland, California. The call lasted about one minute. Previously, long-distance calls were placed by telephone operators.
    1949 - Top Hits
“You're Breaking My Heart” - Vic Damone
“Someday” - Vaughn Monroe
“That Lucky Old Sun” - Frankie Laine
“Slipping Around” - Margaret Whiting & Jimmy Wake
    1950 - Small but powerful Hurricane King struck Miami, FL. The hurricane packed winds to 122 mph, with gusts to 150 mph. Hurricane King then moved up the Florida peninsula to Georgia. Four persons were killed and damage was 28 million dollars.
    1953 - The first concert of contemporary Canadian music presented in the U.S. was performed by conductor Leopold Stokowski at Carnegie Hall in New York City. 
    1955 - Jose Ferrer and Claire Bloom starred on NBC's "Producer's Showcase." They performed in "Cyrano De Bergerac." Ferrer also won an Oscar for his performance in the film version. 
    1956 - Birthday of Dr. Mae Jemison, first Black female astronaut.  She became the first African-American woman to travel in space when she went into orbit aboard the Space Shuttle Endeavour on September 12, 1992.
http://www.maejemison.com/
    1956 - The screen version of the Jules Verne novel, “Around the World in 80 Days,” starring David Niven and countless cameos, premiered in New York. Supporting actor Cantinflas later won a Golden Globe for Best Actor in a Musical/Comedy for his role, and the film earned a Best Picture Oscar.
    1956 - Mickey and Sylvia record, "Love Is Strange." 
    1957 - Top Hits
“Chances Are/The Twelfth of Never” - Johnny Mathis
“Jailhouse Rock” - Elvis Presley
“Keep a Knockin'” - Little Richard
“Wake Up Little Susie” - The Everly Brothers
    1957 - The movie “Jailhouse Rock,” starring Elvis Presley, is released in the US, premiering at Loews State Theatre, where Elvis worked as an usher five years earlier.
    1960 - The National League announced that expansion franchises were being awarded to the New York Metropolitan Baseball Club, Inc., headed by Mrs. Joan Payson, and to a Houston group of investors led by Judge Roy Hofheinz. The two teams, later nicknamed the Mets and the Colt .45s began play in the 1962 season.
    1960 - The Drifters' "Save the Last Dance for Me" hits #1 
    1960 - Dion and the Belmonts' breakup was reported in Billboardmagazine. Lead singer Dion DiMucci claimed the group was not bluesy enough; the band claims Dion just wants a taste of solo fame. 
    1962 - The Beatles made their first TV appearance in Britain when they appeared on Granada TV's “People And Places,” singing "Love Me Do." 
    1963 - Bobby Goldsboro records "See The Funny Little Clown." It will reach #9 in the US and become the first of his eleven Billboard Top 40 hits.
    1963 – The Beatles recorded “I Want to Hold Your Hand.”  With advance orders exceeding one million copies in the UK, the song would have gone straight to the top of the British record charts on its day of release (29 November 1963) had it not been blocked by the group's first million seller "She Loves You,", their previous UK single, which was having a resurgence of popularity following intense media coverage of the group. Taking two weeks to dislodge its predecessor, "I Want to Hold Your Hand" stayed at number one for five weeks and remained in the UK top fifty for twenty-one weeks in total.  It was also the group's first American number one, and started the British Invasion of the American music industry. 
    1964 - A British group known collectively as Manfred Mann had the number one single on the Billboard Pop chart with "Do Wah Diddy Diddy." The song was sung by vocalist Paul Pond, who used the stage name Paul Jones. Keyboard player Michael Lubowitz would retain the band's name and continued to turn out chart hits until the mid-1980s.
    1964 - The Zombies' "She's Not There" is released in the US where it would become the band's highest charting single, reaching #2.
    1964 – Despite a 99-63 record and a World Series, the Yankees fired first-year manager Yogi Berra after they lost the Series to the St. Louis Cardinals.  Cardinals Manager Johnny Keane resigned unexpectedly and took the Yankee job which opens as the result of the firing of Berra.
    1965 - Top Hits
“Yesterday” - The Beatles
“Treat Her Right” - Roy Head
“A Lover's Concerto” - The Toys
“Behind the Tear” - Sonny James
    1966 - “Hollywood Squares” premieres on TV. On this game show, nine celebrities sat in a giant grid. Two contestants played tic-tac-­toe by determining if an answer given by a celebrity was correct. Peter Marshall hosted the show for many years with panelists Paul Lynde, Rose Marie, Cliff Arquette, Wally Cox, John David­son and George Gobel among others. John Davidson took over as host in 1986 for a new version of the game show with Joan Rivers and, later, Shadoe Stevens at center square. In 1998, ‘Hol­lywood Squares” appeared again with Tom Bergeron as host and Whoopi Goldberg as the center square.
    1967 - The rock musical "Hair" opened to rave reviews at the Anspacher Theatre in New York City. The smash ran for 1,758 performances.    
    1970 - The song “I'll Be There,” by The Jackson 5, zoomed to the Number 1 spot on Billboard's record chart and stayed there for 5 weeks.
    1973 - The Arab-dominated Organization of Petroleum Exporting Countries (OPEC) announces a decision to cut oil exports to the United States and other nations that provided military aid to Israel in the Yom Kippur War of October 1973. According to OPEC, exports were to be reduced by 5 percent every month until Israel evacuated the territories occupied in the Arab-Israeli war of 1967. In December, a full oil embargo was imposed against the United States and several other countries, prompting a serious energy crisis in the United States and other nations dependent on foreign oil.
   1973 – “The Way We Were,” starring Barbra Streisand and Robert Redford, opens. The hit movie also produced a hit song by the same title for Streisand.
    1973 - Top Hits
“Half-Breed” - Cher
“Ramblin' Man: - The Allman Brothers Band
“Higher Ground” - Stevie Wonder
“Ridin' My Thumb to Mexico” - Johnny Rodriguez
    1974 – In a rare feat, the Oakland A’s won their third consecutive World Series, beating the Dodgers in five games.  The Athletics join the Yankees as the only franchises in Major League history to win three straight titles.  
    1978 - Neil Diamond and Barbra Streisand, "You Don't Bring Me Flowers."  It hit the top of the Billboard Hot 100 chart.  The roots of the duet version, as chronicled in myriad Streisand and Diamond biographies, revolve around WAKY-AM/Louisville KY program director, Gary Guthrie, who spliced the two solo tracks together as a going away present to his wife, whom he had just divorced. As the real life fairytale behind the song unfolded, it triggered a media buzz worldwide. Interest in the duet caused such a clamor on the retail level that Columbia Records was compelled to bring Streisand and Diamond into the studio to record an "official" version.  They were classmates in Brooklyn’s Erasmus Hall High School and members of the Freshman Chorus and Choral Club.  “Flowers” is their only collaboration.
    1981 - Top Hits
“Arthur's Theme (Best That You Can Do)” - Christopher Cross
“Start Me Up” - The Rolling Stones
“For Your Eyes Only” - Sheena Easton
“Party Time” - T.G. Sheppard
    1983 - Actor Anthony Quinn lit up the Great White Way in the revival of the 1968 musical, "Zorba," that reunited Quinn with Lila Kedrova, who played Madame Hortense. They both had appeared in the film portrayal, "Zorba the Greek," which won Quinn a nomination for Best Actor, and an Oscar for Kedrova as Best Supporting Actress. This was one of the few films that came before the Broadway show, rather than the reverse.
    1987 - With their #1 comeback hit "You Win Again," the Bee Gees become the first group to score a UK Number One hit in three separate decades -- the 60s, 70s, and 80s.  
    1989 – The Loma Prieta earthquake of 7.1 in my hometown of Los Gatos and the Bay Area, hit at 5:04PM. I was in my Chevrolet Suburban, not far from the office, near the University of Santa Clara, and a student on a bicycle in front of me suddenly fell down. At first I thought I hit him, and as he got up, I glanced over and saw two other bicyclists trying to stand, and my car was violently rocking sideways as if the car had been silently blindsided. KCBS was on and announced they felt an earthquake, which later turned out in the Loma Prieta section of Los Gatos. The quake caused damage estimated at $10 billion and killed 67 people, many of who were caught in the collapse of the double-decked Interstate 80 in Oakland, California. A section of the San Francisco-Oakland Bay bridge collapsed, swallowing one car.  The Marina section of San Francisco caught fire from ruptured gas mains.  We were without electricity and water for several days and sales for the month were the lowest they ever have been in our history as it took business many weeks to recover.  As a sports note, the event is also known as the “World Series Earthquake.” Minutes before the start of Game 3 of the World Series billed as the “Battle of the Bay,” between the Oakland A's and the San Francisco Giants, Candlestick Park was rocked by the ‘quake.  The game was postponed and the Series delayed for 11 days. The Oakland Athletics won games three and four for the first Series sweep in 13 years.
    1989 - Showers and thunderstorms representing the remnants of Hurricane Jerry deluged southeast Kentucky with four to six inches of rain in 18 to 24 hours, resulting in widespread flash flooding. Flooding resulted in more than $5 million damage. Temperatures again warmed into the 80s and lower 90s in the southeastern U.S. Lakeland FL and Orlando FL reported record highs of 95 degrees.
    1989 - Top Hits
Miss You Much - Janet Jackson
Love Song - The Cure
Mixed Emotions - Rolling Stones
Killin' Time - Clint Black
    1996 - Prodigy re-launched itself as an Internet access provider on this day in 1996. A one-time leader in the online service business, the joint venture between Sears and IBM found its membership flagging in the face of competition from America Online and the increasing popularity of the Web. Sears and IBM sold the service earlier in 1996 to a cellular technology firm. Although Prodigy didn't scrap its entire proprietary service, executives made it clear that Internet access would become the company's main focus. The company went public in 1998. 
    2002 - The litigation against the fan who caught Barry Bond's record breaking 73rd home run at Pac Bell Park, brought three friends, claiming a promise, in exchange for a ticket to the game, to split the ball's value if caught, is settled when Jay Arsenault agrees to sell the ball and divide the money. Arsenault's lawyer said had his client initially eluded the friends because of being overwhelmed by the situation. 
    2003 - Early editions of the N.Y. Post include an editorial claiming the Yankees lose to Boston and couldn't get the job done in Game 7 of the ALCS. Although the Bronx Bombers did trailed the Red Sox , the team rallies to beat their arch rival in 11 innings, 6-5
    2005 - Fats Domino returns to his Ninth Ward home for the first time since Hurricane Katrina to find it utterly destroyed, with his piano and several of his gold records among the ruined items. 
    2007 - The section of West Grand Blvd. in Detroit, MI, that once housed the Motown studios is officially renamed "Berry Gordy Jr. Boulevard."
    2011 - Apple Inc. broke company sales records with the release of its iPhone 4S smartphone with over 4 million units sold in 4 days. The iPhone's commercial success has been credited with reshaping the smartphone industry and helping to make Apple one of the world's most valuable publicly traded companies by 2011.  The original iPhone was one of the first phones to use a design featuring a slate format with a touchscreen interface.  Almost all modern smartphones have replicated this style of design.  In the US, the iPhone holds the largest share of the smartphone market. As of late 2015, the iPhone had a 43.6% market share.
    2012 - Amidst controversy over the anti-doping scandal, Lance Armstrong resigned as chairman of LIVESTRONG, his anti-cancer charity.

World Series Champions: 
    1971 - Pittsburgh Pirates
    1974 - Oakland Athletics
    1978 - New York Yankees
    1979 - Pittsburgh Pirates

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Top Stories

(chronological order)

 

- Another Quarterly Interim Payment Scam
- Over 80% of Business Owners Are Opting to Purchase
  As Opposed to Leasing--BizFi Report
- Vehicle Leasing Volume Surges Past 31% in Q2
- U.S. Alternate Finance Web Sites: Alexa Report
- Broker/Lessor Receives Early Payoff from Lessee
   But Doesn't Pay Funder for Three Months
- Bank Net Income Rises to $43.6 Billion
- Balboa Capital Gets Win in Bait and Switch
    Purchase Option Case
- Alexa Report U.S. Leasing/Finance Media
- PayNet Reports Soft July Business
   Echoing the ELFA MFLI-25 July Report
- Photos from CLFP Celebration Day
- Broker/Lessor Receives Early Payoff from Lessee
   But Doesn't Pay Funder for Three Months
- “To Do Broker or Not to Do Broker Business,”
   that is the Question?”
- Credit Signs by dun & bradstreet - Free Service
- They Don’t See a Nose Dive as Does CFO.com
   as Reported by the ELFA July MLFI-25
- Kyle Gilliam, CLFP, Appointed President
  BancorpSouth Equipment Finance
- Five Biggest Small Business Loan Mistakes
- George Davis Passes Away
- Top Five Leasing Company Websites
  in North America
- Alternate Finance Association Membership
- Dan Lee (1953- 2016) Obituary
   Response from Friends in Leasing & Finance
- Too Many Complaints about Leasing Companies
- National Funding Deploys $1.5 Billion
- Introducing Jeff Hilzinger, President and CEO/His Plans
- DealSafe---Control of Contractual Rights
- Big Banks Lose Near Half a Trillion Dollars
- Madison Capital eDoc Experience
- Ascentium Capital Reports Strong 2nd Quarter Growth
- Axis Capital Subject to Possible Receivership
- Bob New Passes Away
   Ran His Company 56 Years While Blind
- British Exit (or Better Known as "Brexit")
  U.S. Finance/Leasing Executive Reactions
- Balboa Capital Tagged for Quarterly Payment Scam
- Ascentium Capital Reaches Out for Growth
   Hires Goldman Sachs
- Learn Why First American Equipment Finance Has
  55 CLFPs, the Company with the Most in the Industry
- Confusion Regarding California Lender’s License Law
- New Funder Doing 12-Month Deals With Weekly Payments
- Auto Leasing to Grow by Allan Levine
- Loan Brokers Unite! Support the Industry
- Why Operating Leases Will Come Back - Explained
- Good Times Are Ahead for Equipment Leasing
CLFP Foundation Adds 36 New CLFP's
- Chart - Three US Companies Hoarding the Most Cash
- California Licensed Brokers CAN Send Deal to Banks
- The Housing Crisis Is Great News for America
- Major Changes Coming in Bank, Finance, Leasing Regulations
- It's Not the United States with Highest Income Tax
- California Department of Business Oversight Confirms
that Brokers Need Licenses and Lessors Can’t Pay Unlicensed Brokers
- Signs of a Chill in Fintech Funding?
- What Happened to the $11.4 Million
   in the IFC Credit Bankruptcy “Approved Disbursements?”
- Balboa Capital Tagged for Bait and Switch
  on Lease Payoff Quote
- Alert: Dallin Hawkins Making Rounds Again
   Bulletin Board Complaints
- FinTech #102  by Christopher Menkin
   Menkin has an Epiphany
- Alternate Finance Companies - Subprime
- FICO Score: Excellent to Bad
- Nearly a Third of Lending Club Borrowers’ Income Is ‘Not Verified’
- “Lending Club Sends up a Red Flare”
- Reaction to "Lending Club Sends up a Red Flare"
- OnDeck Crashes As Online Lending Sector Struggles
- Is DLL Leasing Really Up for Sale?"
- Year-End Leasing and Finance Association Membership
- Equipment Leasing and Finance Association and
   CLFP Foundation Announce Collaboration
- New Study Identifies Companies Most Impacted
   by New FASB and IFRS Lease Accounting Rules
- The top 50 brands in Quick Service and Fast Casual
- Charlie Chan on Balboa Capital
- Reader Complaint About LEAF Financial Investment (Collection)
- How to be a “Leasing Expert Witness”
    and Make Extra Income
- 2014 Survey Reports Expert Witness Hourly Fees
    Record All-Time Highs
- Your Photograph on LinkedIn.com
Use a Password Generator
- Banks Turn Toward Leasing for More Profit
- Why Leasing News is Different
- Take Your Banker to Lunch
- Lease Police Tips on Judging Vendors
- Alert: Rudy Trebels Back Soliciting Broker Business
- HL Leasing/John Otto--Update
- NorVergence- Year end, 2013
- Twelve Lawyers Against Evergreen Clause Abuse
- Wants to Go After Lessors and Their Attorneys
   Re: Evergreen Clause Abuses
- Sample of Usury Laws in United States
- Balboa Capital Class Action Case Settled--$5 million?
- Old Cowboy On His Horse
- Leasing Brokers: When May You Collect a Commission?
- Balboa Capital, Irvine, California
   $20,543.22 Bulletin Board Complaint
   Alleged “Bait and Switch”
- Female Lease Finance Association Presidents
- Broker’s Responsibility to Obtain
    California Lender’s License
- The Day that Albert Einstein Feared May Have Finally Arrived
- Equipment Finance Agreements Explained/Barry S. Marks
- Royal Links "True Lease" Court Ruling
- "The Memory Shock" –New Book by Barry Reitman
- Jeff Taylor's Leasing Predictions, Spring, 2006
- New Case against Mazuma Capital and Republic Bank
  ---Automatic Evergreen Payment---PPR
- Charles Schwartz and Allied Health
- Copier Wars---It's more than the lease payment
    by Christopher Menkin
- Leasing Gypsies
- Verifying Tax Returns
- Special Report: Part I
   Could Church Kiosks, Royal Link Carts, NorVergence results been avoided?
   The use of “Equipment Finance Agreements”
- Special Report: Part II
    Bank of the West
   Equipment Lease Agreement (EFA)
- California License Web Addresses
- Settlement Costs vs. Litigation Costs