|
Credit Professional
Long Beach, California
Ground floor opportunity to join new and emerging powerhouse in the equipment finance and leasing industry; to play an integral role in our growth!
To learn more, click here.
We are an asset-based finance company specializing in business equipment leases ranging from $500 to $5,000,000.
|
|
Monday, September 15, 2008
Tommy Lee Jones, actor, born San Sabu, Texas. Academy award supporting role for "The Fugitive," "JFK", also known for "Men in Black," "No Country for Old Men." He went to Harvard on scholarship; roomed with future Vice President Al Gore and played offensive guard in the famous 29-29 Harvard-Yale football game of '68 known as "The Tie." He received a B.A. in English literature and graduated cum laude from Harvard in 1969.
http://en.wikipedia.org/wiki/Tommy_Lee_Jones |
Headlines--- Classified---Documentation
Merrill-Lynch sold to BofA
Lehman to file Bankruptcy
Global banks pledge 70 billion dollars
International Lease Finance Corp for sale?
Top Stories --September 8--12
Classified Ads---Help Wanted
Leasing 102 by Mr. Terry Winders, CLP
“Lease Folders”
Fed expected to leave interest rates as is
Purchase Merrill Fulfills Quest for a Bank
Lehman Failure Hurt U.S. Commercial Property
Amid Rubble of Storm/Texas-SouthEast
News Briefs---
You May have Missed---
California Nuts Brief---
Sports Briefs---
"Gimme that Wine"
Today's Top Event in History
This Day in American History
Baseball Poem
SuDoku
Daily Puzzle
GasBuddy
Weather, USA or specific area
Traffic Live----
######## surrounding the article denotes it is a “press release”
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Classified---Documentation
Irvine, CA
I have over seven years experience in the leasing industry working in
documentation & funding. Available for work immediately.
Email: jen@pwrcapital.com
714-401-1132
[Resume] |
For a full listing of all “job wanted” ads, please go to:
http://www.leasingnews.org/Classified/Jwanted/Jwanted.htm
Leasing Recruiters:
http://www.leasingnews.org/Recruits/index.htm
To place a free “job wanted” ad here, please go to:
http://www.leasingnews.org/Classified/Jwanted/Jwanted-post.htm
[headlines]
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Merrill-Lynch sold to BofA
http://www.nytimes.com/2008/09/15/business/15lehman.html?_r=1&hp&oref=slogin
[headlines]
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Lehman to file Bankruptcy
http://www.nytimes.com/2008/09/15/business/15lehman.html?_r=1&hp&oref=slogin
[headlines]
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Global banks pledge 70 billion dollars to ease credit crunch
http://www.afp.com/english/news/stories/newsmlmmd.901b20918c5730b84d45b4feaec5f99c.51.html
[headlines]
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International Lease Finance Corp for sale?
http://www.washingtonpost.com/wp-dyn/content/article/2008/09/14/AR2008091401942.html
[headlines]
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Top Stories --September 8--12
Here are the top ten stories most “opened” by readers last week:
(1) Balboa Capital, Irvine, California
Bulletin Board Complaint
http://www.leasingnews.org/archives/September%202008/09-10-08.htm#bbc
(2) Marlin Charge-Off Ratio goes up
http://www.leasingnews.org/archives/September%202008/09-08-08.htm#marlin
(3) Commerce Commercial joins Funder List
http://www.leasingnews.org/archives/September%202008/09-08-08.htm#funder
(4) Key is Number Two-but No.#1 to Mrs. Larkins
http://www.leasingnews.org/archives/September%202008/09-10-08.htm#key
(5) Linda P. Kester big hit at NAELB Costa Mesa
http://www.leasingnews.org/archives/September%202008/09-10-08.htm#naelb
(6) Sept. 12, 2001--Preferred Broker Solutions
http://www.leasingnews.org/archives/September%202008/09-12-08.htm#pbs
(tie)
(7) Bank Beat by Christopher Menkin
http://www.leasingnews.org/archives/September%202008/09-10-08.htm#beat
(tie)
(7) Letters? ---We get eMail
http://www.leasingnews.org/archives/September%202008/09-12-08.htm#letter
(8) Leasing 102 by Mr. Terry Winders, CLP
Purchase Orders
http://www.leasingnews.org/archives/September%202008/09-08-08.htm#102
(9) Sales makes it Happen—by Steve Chriest
“Don't Bother Me!”
http://www.leasingnews.org/archives/September%202008/09-10-08.htm#sales
(10) 20% increase in Executive Hiring index for August
“Have we found a bottom to the market?”
ZRG Executive Hiring Index
http://www.leasingnews.org/archives/September%202008/09-10-08.htm#zrg
Extra (not counted for technical reasons:)
Merkel Out/Reese in/Wells Fargo Finance
http://www.leasingnews.org/archives/September%202008/09-08-08a.htm
Ten Top Stories each week chosen by readers/Archive:
http://www.leasingnews.org/Conscious-Top%20Stories/Ten_top_stories.htm
[headlines]
--------------------------------------------------------------
Classified Ads---Help Wanted
Credit Professional
|
Credit Professional
Long Beach, California
Ground floor opportunity to join new and emerging powerhouse in the equipment finance and leasing industry; to play an integral role in our growth!
To learn more, click here.
We are an asset-based finance company specializing in business equipment leases ranging from $500 to $5,000,000.
|
|
[headlines]
----------------------------------------------------------------
Leasing 102
by Mr. Terry Winders, CLP
Lease Folders
I am called on from time to time to audit lease procedures to determine if an lease operation is in good condition. Part of the process is reviewing lease folders to see if everything is in its place and there is sufficient documentation to determine if it is all there and confirm the pricing. Most of what I find scares me to death. A lease folder is your first line of defense and should be in good order and organized, also it should have a procedure to determine its whereabouts when not in the file drawer. The folder itself should have some method to lock the documents in place. Sometimes what I find is a single folder with documents in no specific order and on occasion a serious lack of concern for the proper maintenance of vital information. Therefore I make the following suggestions.
When you look at all the documents that need to be in a lease file folder you can see why it takes a large folder to handle it. I recommend a hard cover folder with four sections that make up eight areas to attach documents with medal tabs. However it is important when making the holes to insert the metal restraints you should make sure the holes do not destroy part of the document!
Each folder should follow the same organized plan with each document in the same order.
Section one should be for a summary sheet or application that explains what the deal is and includes the proper approvals and authorizations for the lease. This allows anyone to always know what the transaction was about and how it came together.
The second flap should be the pricing, discount sheets or math of the transaction, This allows anyone to look at how the math came together plus the assumptions for residuals, fees, end of the lease options and important dates such as start date, commencement date, termination dates, delivery date and acceptance date.
The third flap should be for the lessee’s financials, credit information, credit investigation results references, analysis of financials, spread sheets, etc. Leave enough room for additional financials as they are submitted over the life of the lease.
The forth flap is for the lease agreement, possession and acceptance certificate, residual investigation, including the assumption of the equipments useful life and a complete description of the equipment plus any maintenance requirements. Place a copy of the equipment inspections when completed over the life of the lease plus any pictures or brochures on the equipment. Any information on the vendor or secondary markets sources for information on future equipment values.
The fifth flap should contain a copy of the UCC filing and assignments of UCC filings plus the corporate resolution, personal guarantees, corporate guarantees, and the landlord waivers. If the Lessee is exempt from any assessed taxes the exception certificate should be put here too.
The sixth flap should be for the purchase order and the vendors invoice. Also place a copy of the check or wire order and equipment payment to show ownership transfer and proper dates.
The seventh flap is for insurance and correspondence. It should contain the insurance policy plus any correspondence requesting insurance requirements or binders, commitments or claims plus the agent’s information. Include any correspondence about past dues unpaid taxes or insurance requirements. I would also file any correspondence regarding change of equipment location or use in this area.
The eight flap is for the phone audit that confirmed the Lessee’s possession and satisfaction with the equipment. You may also want to place a stipulated loss schedule here to refer to during the lease.
The order or location of these documents is not the issue, the forgoing is just a suggestion, it is the placement in a binder in some order so no one needs to tear through the entire folder to find what they are looking for that is important. A lease file is constantly being looked at for a multitude of reasons over the life of the lease. I might even suggest you create a special folder just for legal documents and then place a copy in the user folder to be looked at over the lease term.
The more a folder is disturbed the more documents get both destroyed and lost. If a file is removed from the file cabinet each file should be signed for and recorded so its location is easy to find. Without these documents the lack of information about the lease can cause many mistakes.
Proper back office procedures will help a leasing company run smooth and without them problems will begin to bring the company down.
Mr. Terry Winders, CLP, has been a teacher, consultant, expert witness for the leasing industry for thirty years and can be reached at leaseconsulting@msn.com or 502-327-8666.
He invites your questions and queries.
Previous #102 Columns:
http://www.leasingnews.org/Conscious-Top%20Stories/Leasing_102/Index.htm
(This ad is a “trade” for the writing of this column. Opinions
contained in the column are those of Mr. Terry Winders, CLP)
[headlines]
--------------------------------------------------------------
News Briefs---- Fed expected to leave interest rates as is
http://www.usatoday.com/money/economy/2008-09-14-fed_N.htm
Purchase of Merrill Fulfills Quest for a Bank
http://www.nytimes.com/2008/09/15/business/15bofa.html?_r=1&ref=business&oref=slogin
Lehman Failure May Hurt U.S. Commercial Property
http://www.nytimes.com/reuters/business/business-lehman-commercialproperty.html
Amid Rubble of Storm, Teams Scour Ravaged Texas Coastline
http://www.nytimes.com/2008/09/15/us/15ike.html?hp
http://www.dallasnews.com/sharedcontent/dws/dn/latestnews/stories/
091408dntexikehpmain.75aa739a.html
[headlines]
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You May have Missed---
George Putnam, longtime L.A. newsman, dies at 94
http://www.latimes.com/news/obituaries/la-me-putnam13-2008sep13,0,
210512.story?page=2
[headlines]
---------------------------------------------------------------
Sports Briefs---- 49ers beat Seahawks in OT, 33-30
http://www.pressdemocrat.com/article/20080914/SPORTS/809140190/1010/SPORTS&
title=49ers_beat_Seahawks_in_OT__33_30_
Raiders find their smile in K.C.
http://www.contracostatimes.com/ci_10463585?nclick_check=1
Full Sports report:
http://www.nytimes.com/pages/sports/index.html
[headlines]
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California Nuts Briefs---
Leaders say they have a California Budget!!!!
http://www.sacbee.com/749/story/1235672.html [headlines]
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“Gimme that Wine” California Harvest report: The rush to crush
http://www.sthelenastar.com/articles/2008/09/11/features/food_and_wine/
doc48c87cac7fbeb926356834.txt
High-tech wine labels track travel temperatures
http://www.mercurynews.com/breakingnews/ci_10438811
Red Wine helps the body even more
http://www.sciam.com/article.cfm?id=novel-way-to-limit-heart-attack-damage
Robert Parker in Paris to face second lawsuit from Agostini
http://www.decanter.com/news/267515.html
(This is a free “ad” for our good friends the Bateman’s,
proprietors of Thunder Mountain Kona coffee)
Wine Prices by vintage
http://www.winezap.com
http://www.wine-searcher.com/
US/International Wine Events
http://www.localwineevents.com/
Winery Atlas
http://www.carterhouse.com/atlas
Leasing News Wine & Spirits Page
http://two.leasingnews.org/Recommendations/wnensprts.htm
The London International Vintners Exchange (Liv-ex) is an electronic exchange for fine wine.
http://www.liv-ex.com/
[headlines]
----------------------------------------------------------------
Today's Top Event in History
1949-“The Long Ranger” premiered on TV and we all had cowboy hats, masks, and wore two six guns as kids, as many did not have television sets and would gather in groups to watch this favorite TV show. The Long Ranger was created for a radio serial in 1933 by George W. Trendle. The famous masked man was the alter ego of John Reid, a Texas Ranger who was the only survivor of an ambush. He was nursed back to health by his Native-American friend, Tonto. Both men traveled around the West on their trusty steeds, Silver and Scout, fighting injustice. Clayton Moore played the Lone Ranger/John Reid and Jay Silverheels co-starred as Tonto. The theme music was Rossini's "William Tell Overture."---Of course, there is the favorite joke today, the short version, with the Long Ranger and Tonto surrounded by Indians, running out of ammunition, and Clayton Moore turns to Tonto, and says, “What are we going to do? “ Tonto responds, “What do you mean ‘we?' White Man.”
[headlines]
----------------------------------------------------------------
This Day in American History
1752 - A great hurricane produced a tide along the South Carolina coast which nearly inundated downtown Charleston. However, just before the tide reached the city, a shift in the wind caused the water level to drop five feet in ten minutes.
1776-The Continental Army evacuates New York, as British General William Howell has captured the city. On September 22, he hanged Nathan Hale as a spy (caught returning lantern to the wrong ship for pick up from his mission, an English frigate.) Howe then went on to defeat General George Washington at Brandywine, captured Philadelphia, Pa, and he said due to the weather and insufficient troops, he camped for the winter in Philadelphia. In May 1778, Howe is replaced as British Army Commander in America by Lt. General Henry Clinton and recalled as he had thought he had won the war, but Washington re-grouped, got stronger and the troops better trained as most were originally farms fighting professional troops well armed and trained (the Continental Army in several battles actually ran out of ammunition and were forced to retreat.) In actuality Howe's reasons for not crushing the rebels were calculated and sensible. Strategically, he wanted to secure a base of operations for the winter from which he could launch a campaign in the spring. So his first priority was driving the rebels from Manhattan, in which he was wholly successful. Howe's entire strategy rested on the premise of the safe re-conquest of territory versus a single crushing victory. He theorized that as areas came under royal control again, they could be secured as loyal. The re-conquest of territory was a European military tradition, in an era when learned commanders did not strive to crush an enemy. In this respect, he was a product of his time, a very capable, but unimaginative European general. "He simply did not think in terms of annihilation. Victory would come from an accumulation of minor successes, not from a single decisive stroke."
The inevitable question from the armchair strategist is, if Washington's army could rapidly fly away, why could not Howe equally as rapidly pursue him? The reason is that Washington was not encumbered by the proverbial, and in this case actual, baggage train. As with all European armies, the British army in America was wedded to an extensive baggage train, thereby slowing the army significantly. Conversely, Howe was fighting against an enemy adept at escape and so loosely organized, that it could be broken apart and re-formed a few days later rendering it very difficult to strike a final destructive blow. Despite the few critics, the Battle of Long Island was such a great victory for the British that it was generally believed that Howe had dealt the rebels a fatal blow. Many of Howe's military colleagues were so convinced of this that they thought the rebellion would not last another year. Cornwallis wrote that, "in a short time their army will disperse and the war will be over." Lord Percy wrote to Germain, believing, "that this Business is pretty near over.” Neither his top advisors, nor the General himself thought a pursuit of a defeated and disintegrating army valuable, and Howe had victoriously achieved his strategic goal with minimal loss.
http://www.americanrevolution.com/WilliamHowe.htm
http://www.earlyamerica.com/review/2001_winter_spring/howe_1.html
1789-Birthday of James Fenimore Cooper. American novelist, historian and social critic, born at Burlington, NJ, James Fenimore Cooper was one of the earliest American writers to develop a native American literary tradition. His most popular works are the five novels comprising The Leatherstocking Tales, featuring the exploits of one of the truly unique American fictional characters, Natty Bumppo. These novels, The Deerslayer, The Last of the Mohicans, The Pathfinder, The Pioneers and The Prairie, chronicle Natty Bumppo's continuing flight away from the rapid settlement of America. Other works, including The Monikins and Satanstoe, reveal him as an astute critic of American life. He died Sept 14, 1851, at Cooperstown, NY, the town founded by his father.
1830-The first national convention for blacks was held at Bethel African Methodist Episcopal Church, Philadelphia, PA. It was attended by delegates from seven states. Bishop Richard Allen presided. The convention was organized to protest the work of the American Colonization Society, which was calling for the return to Africa of free African-Americans. There was a wave of groups who wanted to return to Africa, particularly to Nigeria.
1853-The first minister who was a woman was the Reverend Antoinette Brown Blackwell, age 28, who was ordained at the Congregational Church, South Butler, NY. She became an ardent feminist and left the ministry because of conflicts over the rights of women. She married the brother of America's first woman doctor, Elizabeth Blackwell.
1857-Birthday of William Howard Taft, the 27th president of the US was born at Cincinnati, OH. His term of office was Mar 4, 1909-Mar 3, 1913. In a lesser known fact there was a group that was to swing the election not to Taft, but to have Abraham Lincoln selected as vice-president candidate with Roosevelt (a last minute deal), and a group of delegates votes were halted by security at the door, and by the time they received clearance to enter, the vote had taken place and Taft was chosen. Following his presidency he became a law professor at Yale University until his appointment as Chief Justice of the US Supreme Court in 1921. Died at Washington, DC, Mar 8, 1930, and was buried at Arlington National Cemetery.
( --lower half of http://memory.loc.gov/ammem/today/sep15.html )
1857-The first typesetting machine that actually operated was invented by Timothy Alden of New York City, who obtained a patent this day. The type was arranged in cells around the circumference of a horizontal wheel. As the wheel revolved, several receivers also started to rotate the desired type was picked up and dropped in proper order in a line. It would not be until 1884 that the Linotype machine was invented with the blower on 1886 making very popular, resulting in the growth of newspapers all over the country.
1858—Until this date mail from one end of the country to the other traveled by ship. The Overland mail service to the Pacific Coast began this day by the Overland Mail coaches, the old John Butterfield stage line. Stages left Tipton, MO, and San Francisco, simultaneously every Monday and Thursday. The route was operated under government contract, authorized by act of Congress of March 3, 1857. The contract was signed on September 16, 1857, and specified payment of $600,000 a year for six years, for semiweekly trips in both directions in “good four horse post coaches or spring wagons suitable for the convenience of passengers as well as the safety and security of the mails. The specified running time for the 2, 8000 miles was a maximum of 25 days. The first trips were made in a little less than 24 days.
1862-The Union arsenal at Harpers Ferry, W.Va., was captured by General Stonewall Jackson. A tremendous quantity of material was seized, and 12,500 men were captured. Harpers Ferry was abandoned and the captured troops set free by the Confederates on September 20 and reoccupied by the North on the 22nd .
1896-- Great Train Crush. The collision, intended as publicity for the railroad, nearly 50,000 people had gathered anxiously on a wide stretch of Texas prairie near Waco. Moments later, they watched two 35-ton locomotives, each pulling seven boxcars, collide head-on at a combined speed of 120 miles per hour.
http://www.lsjunction.com/facts/crush.htm
1898-Birthday of Edward (Eddie) Gottlieb, Basketball Hall of Fame executive, born at Kiev, Russia. Barely 20 years old, Gottlieb organized the Philadelphia SPHAS, one of the best early professional basketball teams. He also promoted Negro Leagues baseball and wrestling. Gottlieb owned and coached the Philadelphia Warriors and helped to engineer the merge of the BAA and NBL in 1949. His innovative ides to improve the game included double-headers involving four teams, outlawing zone defenses and awarding bonus foul shots. He also arranged the NBA's schedule for years, inducted into the Hall of Fame in 1971. Died at Philadelphia, PA, December 7, 1979.
1902-Chicago's Cubs' short stop Joe Tinker, second baseman, Johnny Evers and first baseman Frank Chance recorded their first double play together. This was two days after they took the field for the first time in this configuration, and the Cubs went on to beat the Cincinnati Reds, 6-3. The threesome was later immortalized in Franklin Pierce Adam's poem” Baseball's Sad Lexicon.” Tinker, Evers and Chance were inducted together into the Baseball Hall of Fame in 1946.
*** see baseball poem at end****
1903-Grand Ole Opry "King of Country Music,” often called the “Father of Country Music,” Roy Acuff was born at Maynardville, TN. Singer and fiddler Acuff (who was co-founder of Acuff-Rose Publishing Company, the leading publisher of country music) was a regular host on weekly Grand Ole Opry broadcasts. He frequently appeared at the Opry with his group, the Smoky Mountain Boys. In December of 1991 Acuff became the first living member elected to the Country Music Hall of Fame. Some of his more famous songs were "The Wabash Cannonball" (his theme song), "Pins and Needles (In My Heart)" and "Night Train to Memphis." Roy Acuff died Nov 23, 1992, at Nashville, TN.
1904-Bachelor Father premiers on TV. John Forsythe (Bentley Gregg) and Noreen Corcoran (Kelly Gregg) starred in this sitcom about a bachelor attorney's life turning upside-down after his orphaned niece moves in with him. The series aired at different times on all three networks. Supporting players included: Sammee Tong as Peter Tong, the butler, Jimmy Boyd as Kelly's boyfriend, Howard Meachum, Bernadette Withers as Kelly's friend Ginger, Whit Bissell as Ginger's father, Bert Loomis, Alice Backes as Bentley's secretary, Vicki, Sue Ann Langdon as Bentley's secretary, Kitty Marsh and Victor Sen Yung as Peter's cousin, Charlie Fong.
1910-Birthday of Harmonica player “Rhythm Willie” ( Willie Hood) also known as Lee McCoy on some dates, considered one of the best blues Harmonica players.
1920-Birthday of great alto saxophone player Julian “Cannonball” Adderley, Tampa, Florida. Died August 8, 1975
http://www.cannonball-adderley.com/bio2.htm
1923-Birthday of bass player Arvell Shaw, St. Louis, best known for playing with Louis Armstrong. In Bing Crosby's genial routine for Now You Has Jazz, in the 1956 film High Society, each of Louis Armstrong's bandsmen was introduced in turn, with bassist Arvell Shaw, who has died aged 79, especially prominent. His eager, animated persona, bear-like frame and propulsive bass style had obvious visual appeal, as well as musical merit, making him a natural for a concert and movie attraction like the Armstrong All-Stars.
http://www.pbs.org/jazz/biography/artist_id_shaw_arvel.htm
http://www.vh1.com/artists/az/shaw_arvell/253488/album.jhtml
1926-Birthday of Bobby Short, singer, pianist, cafe song stylist, born Robert Altrip at Danville, IL, Sept 15, 1926. Died Monday, March 21, 2005. He was 80.
http://www.imdb.com/name/nm0795027/
1927---The rules for the game of bridge became effective this day as outlined in the “Laws of Contract Bridge 1927,” which was adopted and issued by the Whist Club, New York City. It was published by John C. Winston Company, New York City, and contained 57 pages. The game was originally invented in 1925 by Harold Stirling Vanderbilt.
1929-- Seven North Carolina men are indicted for the murder of Ella May Wiggins on 09-14-1929. EMW, widowed mother of five and a labor balladeer, was slain by vigilantes while en route to a meeting for strikers in Gastonia, North Carolina. The workers were striking for better wages and working conditions. The murder was seen as an attempt to intimidate the women workers to drop the strike.
1930 - On the Victor record label, Hoagy Carmichael recorded "Georgia on My Mind"; which has been the official state song of Georgia since 1922. Over the years, the song has been recorded by many artists, such as Ray Charles, one of his greatest performances.
1930 - Chic Young's new comic strip, Blondie, debuted in newspapers. In the first episode, readers were introduced to the ditzy flapper, Blondie Boopadoop, and her fondest admirer, Dagwood Bumstead, a mild-mannered playboy and son of a railroad tycoon. Dagwood was later disinherited for marrying Blondie. The comic strip eventually was syndicated around the world.
1931-Birthday of bassist Richard Payne, New Orleans, Louisiana Died May 5, 2000. Noted New Orleans R&B and jazz bassist was also a classical musician and music educator; he performed with dozens of musicians over the years, including Ray Charles, Duke Ellington, Professor Longhair, Ellis Marsalis, and Allen Toussaint; in later years Payne was a regular at Preservation Hall.
1935 - In Germany, the Nazis enacted the Nuremburg Laws, starting off a program of violent religious and racial persecution. As America slept, all Jews were deprived of their citizenship, ghettos were revived and the Swastika became the national flag.
1938-Birthday of Gaylord Jackson Perry, Baseball Hall of Fame pitcher, born Williamston, NC.
1939-the temperature at Detroit, MI soared to 100 to set a new September record.
1940 - At the height of the Battle of Britain, Britain claimed to have shot down 185 German planes; the day has been subsequently celebrated as Battle of Britain day.
1942---SMITH, JOHN LUCIAN Medal of Honor
Rank and organization: Major, U.S. Marine Corps, Marine Fighter Squadron 223, Place and date: In the Solomon Islands area, August-September 1942. Entered service at: Oklahoma. Born: 26 December 1914, Lexington, Okla. Other Navy award: Legion of Merit. Citation: For conspicuous gallantry and heroic achievement in aerial combat above and beyond the call of duty as commanding officer of Marine Fighting Squadron 223 during operations against enemy Japanese forces in the Solomon Islands area, August-September 1942. Repeatedly risking his life in aggressive and daring attacks, Maj. Smith led his squadron against a determined force, greatly superior in numbers, personally shooting down 16 Japanese planes between 21 August and 15 September 1942. In spite of the limited combat experience of many of the pilots of this squadron, they achieved the notable record of a total of 83 enemy aircraft destroyed in this period, mainly attributable to the thorough training under Maj. Smith and to his intrepid and inspiring leadership. His bold tactics and indomitable fighting spirit, and the valiant and zealous fortitude of the men of his command not only rendered the enemy's attacks ineffective and costly to Japan, but contributed to the security of our advance base. His loyal and courageous devotion to duty sustains and enhances the finest traditions of the U.S. Naval Service.
1943 - With German support, Benito Mussolini formed a rival fascist government to the Pietro Badoglio administration. 1950 - In the Korean War, the United Nations landing at Inchon proved decisive in driving North Korean troops out of the south.
1943-Paul Robeson, Black actor and activist, portrays Othello for the 296th time at New York City's Shubert Theater, 1943.
1949-“The Long Ranger” premiered on TV and we all had cowboy hats, masks, and wore two six guns as kids, as many did not have television sets and would gather in groups to watch this favorite TV show. The Long Ranger was created for a radio serial in 1933 by George W. Trendle. The famous masked man was the alter ego of John Reid, a Texas Ranger who was the only survivor of an ambush. He was nursed back to health by his Native-American friend, Tonto. Both men traveled around the West on their trusty steeds, Silver and Scout, fighting injustice. Clayton Moore played the Lone Ranger/John Reid and Jay Silverheels co-starred as Tonto. The theme music was Rossini's "William Tell Overture."---Of course, there is the favorite joke today, the short version, with the Long Ranger and Tonto surrounded by Indians, running out of ammunition, and Clayton Moore turns to Tonto, and says, “What are we going to do? “ Tonto responds, “What do you mean ‘we?' White Man.”
1945 -a major hurricane made a direct hit on southern Florida with wind gusts as high as 170 mph. The Naval Air Station in Homestead suffered heavy damage with many hangars destroyed. 4 people were killed and damage totaled $55 million
1947-Birthday of singer Ronn Matlock, Detroit, MI
http://www.soulwalking.co.uk/Ronn%20Matlock.html
http://shopping.yahoo.com/p:Ronn%20Matlock:1927263856:page=biography
1947-Birthday of drummer Charles “Bobo” Shaw, Pope, MS
http://www.cmt.com/artists/az/shaw_charles_bobo/bio.jhtml
1949---Top Hits
Room Full of Roses - The Sammy Kaye Orchestra (vocal: Don Cornell)
You're Breaking My Heart - Vic Damone
Maybe It's Because - Dick Haymes
Why Don't You Haul Off and Love Me - Wayne Raney
1950--*LOPEZ, BALDOMERO Medal of Honor
Rank and organization: First Lieutenant, U.S. Marine Corps, Company A, 1st Battalion, 5th Marines, 1st Marine Division (Rein.). Place and date: During Inchon invasion in Korea, 15 September 1950. Entered service at: Tampa, Fla. Born: 23 August 1925, Tampa, Fla. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty as a marine platoon commander of Company A, in action against enemy aggressor forces. With his platoon 1st Lt. Lopez was engaged in the reduction of immediate enemy beach defenses after landing with the assault waves. Exposing himself to hostile fire, he moved forward alongside a bunker and prepared to throw a hand grenade into the next pillbox whose fire was pinning down that sector of the beach. Taken under fire by an enemy automatic weapon and hit in the right shoulder and chest as he lifted his arm to throw, he fell backward and dropped the deadly missile. After a moment, he turned and dragged his body forward in an effort to retrieve the grenade and throw it. In critical condition from pain and loss of blood, and unable to grasp the hand grenade firmly enough to hurl it, he chose to sacrifice himself rather than endanger the lives of his men and, with a sweeping motion of his wounded right arm, cradled the grenade under him and absorbed the full impact of the explosion. His exceptional courage, fortitude, and devotion to duty reflect the highest credit upon 1st Lt. Lopez and the U.S. Naval Service. He gallantly gave his life for his country.
1953 - The National Boxing Association adopted the 10-point ‘must' scoring system for all of its matches. The winner of each round must get 10 points, while the loser of each round must have fewer than 10 points.
1954- The scene in the movie "The 7 Year Itch" where Marilyn Monroe's skirt is blown up by the wind from a subway grate is shot, 51st St., NYC.
1955 - On the eve of Rosh Hashanah,- the Jewish New Year, at services held at Temple Avodah in Long Island, New York, Betty Robbins, Mrs. Sheldon Robbins, became the first woman cantor.
1956--Elvis Presley is presented with a Gold record for "Don't Be Cruel".
1957---Top Hits
Tammy - Debbie Reynolds
Diana - Paul Anka
Honeycomb - Jimmie Rodgers
Fraulein - Bobby Helms
1959 - Russian Premier Nikita Khruschchev arrived in the United States at the start of a
12-day visit.
1959 - No. 1 Billboard Pop Hit: "Sleep Walk," Santo & Johnny.
1961-Birthday of football player Daniel Constantine (Dan) Marino, Jr., born Pittsburgh, PA.
1962—“Sherry" by the Four Seasons topped the charts and stayed there for 5 weeks.
1963-
A church bombing in Birmington, Alabama. left four young black girls dead. The attack on the 16th Street Baptist Church sparked further violence in the city, leaving two more dead and 19 injured. The same year, Eugene "Bull" Conner the Police Commissioner of Birmington, Alabama attacked peaceful non-violent black protesters with dogs and fire-hose. This televised action alerted the nation about the racial problems in the south After years of frustrating investigations and delays, a Klux Klux Klansman was finally charged with the bombing in 1977. Robert Chambliss, who was known as "Dynamite Bob," was convicted of murder in the bombing in 1977 and died in prison. Ex-Klansman Thomas Blanton Jr. was convicted of four counts of murder last year and was sentenced to life in prison. A fourth suspect, Herman Cash, died in 1994 without being charged. Cherry was supposed to have gone on trial with Blanton, but was ruled mentally incompetent to stand trial. After psychologists testified that Cherry was faking, the judge reversed himself and declared Cherry competent. He went to Bobby Frank Cherry, age 71, was found guilty.
http://archives.cnn.com/2002/LAW/05/18/church.bombing/index.html
full story:
http://www.al.com/specialreport/?bombing/
1963 - Matty, Felipe and Jesus Alou, the famed Alou Brothers of baseball, played together for the first time. They played for the San Francisco Giants, beating the Pittsburgh Pirates, 13-5, at Candlestick Park in San Francisco.
1963-"She Loves You" backed by "I'll Get You" by the Beatles is released by Swan Records in the U.S. Though its tops in the U.K., "She Loves You" doesn't do anything until 1964 when it runs up to Number One.
1964-"Shindig!" premieres on ABC-TV. It was inspired by the success of British Invasion groups on "The Ed Sullivan Show." The show features both British and American performers plus a cast of go-go dancers and a house band. Within a few months NBC has an imitation, "Hullabaloo."
1964-The first Soap Opera on prime-time television was “Peyton Place,” which first aired on the CBS network this day, and continued to run for five years. The series was based on the 1956 novel by Grace Metalious, which also spawned a popular 1957 Hollywood film. It detailed the steamy doing sin a small New England town. . Grace Metalious wrote three other books, 1956, “Return to Peyton Place; 1959”The Tiger White Colar;” 1963, “No Place in Eden.” All were considered “trash fiction” by critics as the main theme was always centered around sex. An alcoholic, Thirty-nine-year-old Grace Metalious died of cirrhosis of the liver on February 25, 1964. She never lived to see her book become a hit television series.
http://www.meekermuseum.com/peytonp.html
http://www.trashfiction.co.uk/grace_metalious.html
http://www.fawi.net/Grace/GMLinks.html
1965---Top Hits
Help! - The Beatles
Like a Rolling Stone - Bob Dylan
Eve of Destruction - Barry McGuire
Is It Really Over? - Jim Reeves
1965- “I Spy” premiered on TV. Bill Cosby made television history as the first African-American actor starring in a major dramatic role in this spy series. Cosby played Alexander "Scotty" Scott, an intellectual spy with a cover as a tennis trainer. Robert Culp played Kelly Robinson, the "tennis pro" and Scotty's partner in espionage. The series was notable for filming worldwide
1965--The Ford Motor Company becomes the first auto maker to offer an 8-track tape player as an option for their entire line of vehicles. Tapes were initially only available at auto parts stores, as home 8-track equipment was still a year away.
1968 - Television musical series "Soul" premieres on NBC with guests Lou Rawls, Martha & the Vandellas.
1969 - No. 1 Billboard Pop Hit: "Sugar, Sugar," The Archies. Billboard ranks the song as the No. 1 single of the year.
1971-Greenpeace founded: The environmental organization Greenpeace, committed to a green and peaceful world, was founded by 12 members of the Don't Make a Wave committee of Vancouver, BC, Canada, when the boat Phyllis Cormack sailed to Amchitka, AK, to protest US nuclear testing. Greenpeace's basic principle is "that determined individuals can alter the actions and purposes of even the overwhelmingly powerful by 'bearing witness'--drawing attention to an environmental abuse through their mere unwavering presence, whatever the risk."
1971-“Colombo” premiers on TV. Based on a 1968 made-for-TV movie, entered the lineup of NBC”s “Mystery Movie” series on this date. The other two original shows were McMillan and Wife and McCloud. Peter Falk starred as one of TV's greatest character, Lieutenant Columbo, the crime-solving policeman, dressed in rumpled raincoat and bearing a chewed up cigar. In almost every episode, Columbo latches himself onto the main suspect, usually a polished sophisticated in comparison to Columbo's seeming simpleness, and nags him or her to death with questions and comments such as “But one thing bothers me, Sir.” Bing Crosby, at age 67, had been approached first, but he turned down the role. The series ended in 1978, but reemerged in the form of periodic movies beginning in 1989. A very popular show in its time and fans look forward to re-runs on TV.
1972-Rod Stewart's "Never A Dull Moment" hits #2 on the LP charts.
1972-The Temptations' "All Directions" enters the LP charts. The album features the #1 single, "Papa Was A Rollin' Stone."
1973- "Delta Dawn" by Helen Reddy topped the charts and stayed there for a week.
1973---Top Hits
Delta Dawn - Helen Reddy
Say, Has Anybody Seen My Sweet Gypsy Rose - Tony Orlando & Dawn
Loves Me like a Rock - Paul Simon
You've Never Been This Far Before - Conway Twitty
1977-“CHIPS” premiers on TV. A popular action-packed NBC police series depicting cases and chases of the motorcycle-riding California Highway Patrol. The show starred Erik Estrada as Francis "Ponch" Poncherello and Larry Wilcox as Jonathan Baker, two quick-witted cops. Wilcox left the show, and Estrada's new partner, Bobby "Hot Dog" Nelson, was played by Tom Reilly. Other regulars included Robert Pine, Paul Linke, Lou Wagner, Brodie Greer, Brianne Leary, Randi Oakes, Michael Dorn, Bruce Jenner, Bruce Penhall and Tina Gayle.
1978-Ali Wins Title for Third Time: Muhammad Ali became the only fighter to win the heavyweight championship for a third time when he scored a unanimous 15-round decision over Leon Spinks at the Louisiana Superdome. Ali, then known as Cassius Clay, won the title for the first time on February 25, 1964, over Sonny Liston. He regained the crown the first time on October 30, 1974 by knocking out George Foreman.
1978—Dodgers Pass the Three Million Mark. The Los Angeles Dodgers became the first major league baseball team to pass the 3-million mark in home attendance in a 5-0 victory over the Atlanta Braves.
1980 - On Broadway, "The Elephant Man" made its debut, with rock singer David Bowie in his acting debut.
1981---Top Hits
Endless Love - ---Top Hits Diana Ross & Lionel Richie
Slow Hand - Pointer Sisters
Stop Draggin' My Heart Around - Stevie Nicks with Tom Petty & The Heartbreakers
Older Women - Ronnie McDowell
1982-USA newspaper first published. Media corporation Gannett published a new kind of daily---the “Nation's Newspaper”---that featured general interest articles for a national audience.
1982-a snowstorm over Wyoming dumped 16.9 inches of snow at Lander to establish a new 24 hour record
1987 - Computer hackers in Germany known as the Chaos Computer Club, said they had tapped into NASA's computer system and planted a program called "Trojan Horse."
1987 - No. 1 Billboard Pop Hit: "I Just Can't Stop Loving You," Michael Jackson with Siedah Garrett.
1989---Top Hits
Hangin' Tough - New Kids on the Block
Don't Wanna Lose You - Gloria Estefan
Heaven - Warrant
I Wonder Do You Think of Me - Keith Whitley
1990-“Please Me" by Wilson Phillips topped the charts and stayed there for 3 weeks.
1994 - The last United States marine guards left Somalia after 21 months of American intervention.
1996-The Baltimore Orioles hit 5 home runs as they beat the Detroit Tigers, 16-6, to set a new major league record for most home runs in a season by a team. Mark Parent's 3-run home in the 3 rd inning wins the record-breaker, the team's 241 st home run of the year, breaking the mark set by the 1961 New York Yankees. The orioles ended the year with 357 homers.
1998-- In a 12-7 win over Twins, Mariner Ken Griffey Jr. becomes the fourth-youngest (28 years and 10 months) player to reach 1,000 RBIs. Junior got to 1000 mark younger than anyone except Mel Ott (27 years, three months), Jimmie Foxx (27 years, eight months) and Lou Gehrig (28 years, 9 1/2 months).
1998--- Ending a six-game drought without a homer, Mark McGwire, pinch-hitting in the ninth inning, hits his 63rd homer; the solo shot off Jason Christiansen in the Cardinals' 8-6 loss to Pirates allows 'Big Mac' to regain the home-run lead over Sammy Sosa.
1998 - Reba McEntire joins the prestigious Hollywood Walk of Fame. Her star, the 2,120th planted in the famous foot thoroughfare, is unveiled in front of the Johnny Grant Building, 7018 Hollywood Boulevard.
1999 - For the first time since it's opening in 1971 Walt Disney World was closed as Hurricane Floyd moved in on central Florida. It was the first time any of the parks had been closed since Disney opened the first one there in 1971.
2000---Top Hits
Country Grammar---Nelly
Oops!...I Did It Again -- Britney Spears,
The Marshall Mathers- Eminem
Human Clay-- Creed
2005—Top Hits
Gold Digger-- Kanye West Featuring Jamie Foxx
Shake It Off-- Mariah Carey
Lose Control- Missy Elliott Featuring Ciara & Fat Man Scoop
We Belong Together- Mariah Carey |
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Baseball Poem
1902-Chicago's Cubs' short stop Joe Tinker, second baseman, Johnny Evers and first baseman Frank Chance recorded their first double play together. This was two days after they took the field for the first time in this configuration, and the Cubs went on to beat the Cincinnati Reds, 6-3. The threesome was later immortalized in Franklin Pierce Adam's poem” Baseball's Sad Lexicon.” Tinker, Evers and Chance were inducted together into the Baseball Hall of Fame in 1946.
"Baseball's Sad Lexicon" (Tinker to Evers to Chance) (1910)
(Franklin Pierce Adams)
These are the saddest of possible words:
"Tinker to Evers to Chance."
Trio of bear cubs, and fleeter than birds,
Tinker and Evers and Chance.
Ruthlessly pricking our gonfalon bubble,*
Making a Giant hit into a double--
Words that are heavy with nothing but trouble:
"Tinker to Evers to Chance." |
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