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entertainment for the commercial alternate financing,
bank, finance and leasing industries

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CoreTech specializes in assisting medium to large size companies throughout various markets including: Legal, Medical, Manufacturing, Education, Corporate and Semi-Conductor

Over 100 law firms trust CoreTech for their leasing needs,
why wouldn't you?

Monday, April 23, 2018

Today's Equipment Leasing Headlines

Hawaii Cleanup
  Don Myerson
Top Stories: April 16-April 18
  (Opened Most by Readers)
1 out of 5 US homes with wifi now have
a smart speaker like the Amazon Echo
Leasing Industry Ads---Help Wanted
   Now’s the Time to Apply
Wells Fargo hit with $1 billion fine for charging
 customers for auto insurance they didn't need
Equipment Leasing Haiku
 Paul Bent
Beige Book
  April 2018
National Alliance of Commercial Loan Brokers Conference
   October 16th - 18th
News Briefs---
SB 1235: What Got Said in The California Senate Hearing
 About Commercial Loan Disclosures
Ranked: The Best and Worst State Economies
  Visual Capitalist Infographic
How Sears CEO Lampert cashes in
   as stores cash out

Broker/Funder/Industry Lists | Features (wrilter's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months (Be Careful of Doing Business)
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You May have Missed---
  Sports Brief----
   California Nuts Brief---
   "Gimme that Wine"
     This Day in History
       Daily Puzzle
         Weather, USA or specific area
          Traffic Live----

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it is considered a “byline.” It reflects the opinion and research of the writer.

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Hawaii Cleanup
Don Myerson

Kit, Thought you might be interested in seeing some of the damage we sustained last week on Kauai. Tha North Shore received the brunt of the damage. Road to Hanalei still closed. Unbelievable how much damage. Poipu has a lot of rain but very little damage. Just a few flooded streets. My family and house all good. No damage to your Hyatt either. My wife and I headed up on Saturday to help with the cleanup. Houses and trees literally washed down mountains, rivers and streams.

Don Myerson
Don Myerson
BSB Leasing, Inc

Kauai's north coast getting back on its feet after record rainfall




Top Stories: April 16-April 18
(Opened Most by Readers)

Winthrop Resources Goes to Evergreen Clause,
  But History Catches Up to Them and They Settle
  By Tom McCurnin, Leasing News Legal Editor

30th Annual ELFA National Funding Conference
A Huge Success…

New Hires/Promotions in the Leasing Business
    and Related Industries

Types of Fraud
   By John Kenny, Lease Police

California Interest Rate Bill for Commercial Loans/
  Stripped, But Still Requires APR Disclosure

Companies Who Utilize Evergreen Clauses
   for Extra Lease Payments

Hackers stole a casino's high-roller database
   through a thermometer in the lobby fish tank 

Number of Individuals’ Worth over $500M+  2017
   Chart of the Ultra-Wealthy by Country



1 out of 5 US homes with wifi now have
a smart speaker like the Amazon Echo

Smart speakers have been a hot ticket item in recent years. Products by AmazonGoogle and Apple, which allow consumers to play music, order food and get news just by talking to the device, have already experienced a surprisingly strong adoption in the US market.

This chart by Statista which is based on comScore data, shows that 20% of homeowners with wifi have at least one active smart speaker. That percentage will be inching up as well, if the past few months are any indication of the device's steadily increasing adoption rate.



Leasing Industry Ads---Help Wanted
Now’s the Time to Apply

We are looking for:
Account Executive
Senior Account Executive
National Sales Manager
2018 Interns for Sales, Operations, or Accounting

What sets CoreTech apart from other equipment leasing companies is our team members and impeccable reputation. Are you unhappy with the ethics of your company and the promises made to you? Join our team, positions are available in Newport Beach, CA and remotely.

To learn more, please click here
CoreTech specializes in assisting medium to large size companies throughout various markets including: Legal, Medical, Manufacturing, Education, Corporate and Semi-Conductor

Over 100 law firms trust CoreTech for their leasing needs,
why wouldn't you?



Wells Fargo hit with $1 billion fine for charging
customers for auto insurance they didn't need

NEW YORK • Wells Fargo & Co. will pay $1 billion to settle with U.S. regulators who say the bank wrongly layered insurance on hundreds of thousands of drivers and routinely hit homebuyers with excessive fees, officials said on Friday.

The penalty was a record from the U.S. Consumer Financial Protection Bureau and comes more than 18 months after Wells Fargo admitted it opened sham accounts for customers — a practice that likely ensnared millions.

Wells Fargo said the settlement lowers its first-quarter 2018 net income by 16 cents per share to 96 cents per share. It had flagged a possible settlement when it reported earnings last week and said then it may need to restate results.

The penalty is the first by Mick Mulvaney, whom President Donald Trump tapped in November as interim head of the CFPB, and fulfills Trump’s vow to come down hard on the country’s third-largest lender.

Mulvaney has worked to dial back the reach of the independent agency, and Reuters has reported the CFPB has dropped cases against at least two payday lenders.

“We will enforce the law,” Mulvaney said in a statement about the Wells Fargo deal. “That is what we did here.”

While the fine will sting Wells Fargo, regulators did offer the bank some relief in the settlement.
The U.S. Office of the Comptroller of the Currency, a sister regulator to the CFPB dropped Wells Fargo’s designation as “troubled” which will make it easier for departing employees to collect payouts.

Wells Fargo workers have not been able to collect all their severance without a blessing from regulators since a 2016 consent order regarding the phony accounts.

That check was meant to block bonuses for executives who played a part in scandal. But running those checks has taxed OCC staff and delayed payouts for some workers.

Under the agreement, the OCC will still not be able to hire new executives without a sign-off from regulators.

Wells Fargo agreed to the settlement without admitting or denying wrongdoing.

“While we have more work to do, these orders affirm that we share the same priorities with our regulators and that we are committed to working with them,” Wells Fargo President and CEO Timothy J. Sloan said in a statement.

The bank’s shares rose 2 percent to close at $52.56 on Friday.

Taken together, the mortgage and auto programs ensnared more than 600,000 customers and will require nearly $300 million in refunds, the bank has said.

The programs allowed Wells Fargo to earn fees from unneeded car insurance and penalties on mortgage paperwork that the bank had botched.

For homebuyers, Wells Fargo promised to “rate lock” or freeze the interest rate for borrowers who got their mortgage paperwork finished within a few weeks.

When that deadline slipped and it was the bank’s fault, Wells Fargo could blame the customer. The penalty for late mortgage paperwork often topped $1,000, according to a borrower lawsuit.

Drivers stung by insurance fees were wrongly pushed into policies that they did not need.

Drivers must carry auto insurance but the bank has a right to “force place” a policy on borrowers who let coverage lapse. Insurers working for Wells Fargo pushed policies onto more than 500,000 customers who already had coverage, the bank has said.

In July, Wells Fargo blamed a third-party vendor for wrongly layering insurance policies on its auto borrowers. Wells Fargo did not explain that it received payouts when those policies were written.

Wells Fargo is the parent of St. Louis-based Wells Fargo Advisors.


Paul Bent
Senior Managing Director
Leader, Legal Services Practice
The Alta Group, LLC
(562) 426-1000 Office
(562) 754-7744 Mobile





Beige Book - April 2018

Economic activity continued to expand at a modest to moderate pace across the 12 Federal Reserve Districts in March and early April. Outlooks remained positive, but contacts in various sectors including manufacturing, agriculture, and transportation expressed concern about the newly imposed and/or proposed tariffs. Consumer spending rose in most regions, with gains noted for nonauto retail sales and tourism, but mixed results for vehicle sales. Manufacturing activity grew moderately, and demand for nonfinancial services was mostly solid. Residential construction and real estate activity expanded further, although low home inventories continued to constrain sales in several Districts. Loan demand increased, and commercial real estate activity and construction improved since the last report. Transportation services activity expanded in over half of the reporting Districts, buoyed by increases in port traffic and/or air, rail and/or trucking shipments. Agricultural conditions were little changed or worsened on net, in part due to persistent drought conditions. Contacts in the energy sector cited a pickup in activity, except in the Richmond District, where coal production was flat and natural gas production dipped slightly.


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Minneapolis, Minnesota

55 lbs.
Age: 6 Months
Moderately Active
Good with Dogs
Housetrained: yes
Adoption Fee: $425

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Please feel free to fill out an ADOPTION


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P.O. Box 290073
Minneapolis, Minnesota 55429
(763) 503-4990
Monday - Closed
Tue-Fri 11 AM to 7:30 PM
Saturday 9 AM to 5 PM
Sunday 11 AM to 4 PM


Adopt-a-Pet by Leasing Co. State/City



The Largest Gathering of Business
and Commercial Brokers In the Country

4th annual National Alliance of Commercial Loan Brokers Conference on October 16th - 18th at Doral in Miami.
FOR LENDERS: Meet over 800 commercial loan/ISO brokers at the largest conference dedicated to today's modern commercial loan and lease broker. Gain valuable relationships that will bring you new business and increase your deal originations.
FOR BROKERS: Meet over 150 funders, lenders and banks that offer multiple products to serve your clients such as: Equipment Financing, Equipment Leasing,  SBA Lending, Merchant Cash Advance, Project Funding, Commercial Real Estate Lending, Fix and Flip Financing, Unsecured Lines of Credit, Alternative Financing, Asset Based Lending, Factoring, Purchase Order Financing and much, much more.
FOR ALL: Besides two days of valuable networking and eating great food, get a chance to play in our first annual Golf Scramble Tournament on a world famous PGA course. After that, sign up and play in our annual Texas Hold'em Poker Tournament Hosted by Rapid Advance. Get a chance to win $2,500 in our limited 70 seat game while enjoying free drinks and a professional cigar rolling station at hand.
Each of our events is designed for you to network while you’re having the time of your life.
Don't wait: There are limited spots left for Golf and Poker. 
To sign up please register here:



News Briefs----

SB 1235: What Got Said in The California Senate Hearing
 About Commercial Loan Disclosures

Ranked: The Best and Worst State Economies
  Visual Capitalist Infographic

How Sears CEO Lampert cashes in as stores cash out




You May Have Missed---

I Downloaded the Information That Facebook Has on Me. Yikes




Baseball Poem---

1933, Reagan's voice carried him to Des Moines and WOC's larger sister station, WHO. Broadcasting over a new 50,000-watt clear-channel station that carried throughout the Midwest, Reagan became a well-known sports announcer whose specialty was creating play-by-play accounts of Chicago Cubs baseball games that the station received by wire.

     Gene Autry poem by Jack Buck


This is from a poem written by the famous radio announcer Jack Buck, the voice of the St. Louis Cardinals for over 50 years.  This was written for Gene Autry's 83rd Birthday Party in 1990. There are many similarities to Ronald Reagan:

 The Last Cowboy

As America grew 
and headed west,
Gene Autry was thereand he was the best. 

He tapped telegraph keys
then starred on the screen,
the greatest Saturday star
young eyes had seen.

 He wore a white hat
and the kids always knew
he'd do the right thing
they wanted him to.

He could shoot at a target
and invariably hit it
while jumping a river,
and he sand as he did it.

 He crooned "South of the Border"
and sang on Christmas morn,
the most glamorous cowboy
ever born.

His ride through life
is matched by no other,
a business tycoon,
yet everyone's brother. 

He has enjoyed life to the fullest
and made our lives richer,
but he'd have traded it all
for a World Series pitcher.

We salute him today
and we'll love him tomorrow,
the last cowboy's life
was ours to borrow.

Little did he know
when he named his horse,
he was describing himself-
Champion, or course!




Sports Briefs---

Agent expects Brady to play in 2018

Horse named after Gronk may miss Derby


California Nuts Briefs---

Sonoma County wildfire survivors turn to modular homes
   to accelerate rebuilding



“Gimme that Wine”

Innovation + Quality 2018 Announces Paul Draper
  as Recipient of Lifetime Innovator Award

Two people have been sentenced for participating
  in several California heists

The Best Wine Books, According to Sommeliers

The Wine Group CEO talks expansion
  to ‘premium-plus’ brands to reach millennials

Wine Prices by vintage

US/International Wine Events

Leasing News Wine & Spirits Page


This Day in History

    1564 - Birthday of Williams Shakespeare: perhaps the first non-American birthday we celebrate here. According to tradition, the great English dramatist and poet William Shakespeare is born in Stratford-on-Avon on April 23, 1564. It is impossible to be certain the exact day on which he was born, but church records show that he was baptized on April 26 Shakespeare created the most influential and lasting body of work in the English language, an extraordinary explanation of human nature in 36 plays and 154 sonnets. Also died on what is considered historically his birthday, 23 April 1616.
   1635 - The first public secondary school in America opened, the Boston Latin School with a classical curriculum derived from English schools. The first schoolmaster was a Dutchman, Adam Roelantsen, who arrived in New Amsterdam in 1633 and set up the first school in America as part of the Dutch Reformed Church. By 1720, five public schools were maintained in Boston and were so well-regarded, they enrolled students from as far away as the West Indies. The Boston Latin School is still in existence.
    1637 – 200 Pequot warriors attacked a settlement in southeastern Connecticut, killing 9 men and women, while stealing 2 girls.
    1662 - Connecticut was chartered as an English colony.  The first major settlements were established in the 1630s by English proprietors. Thomas Hooker led a band of followers overland from the Massachusetts Bay Colony and founded what became the Connecticut Colony; other settlers from Massachusetts founded the Saybrook Colony and the New Haven Colony. The Connecticut and New Haven Colonies established documents of Fundamental Orders, considered the first constitutions in North America. In 1662, the three colonies were merged under a royal charter, making Connecticut a crown. This colony was one of the Thirteen Colonies that revolted against British rule in the Revolutionary War.
    1750 - The first colonial settlement west of the Allegheny Mountains other than military forts and outposts was established by the Loyal Land Company of Virginia. On March 6, a group of six men in the employ of the company, led by Dr. Thomas Walker, a physician, started out from Charlottesville, VA. They searched the future site of Barbourville, KY and, on April 23, and built a house that was completed on April 30.
    1789 - President-elect Washington and his wife moved into the first executive mansion, the Franklin House, in New York. George Washington was inaugurated at Federal Hall and lived at 3 Cherry Street in New York City. In 1790, with construction on the new federal capital underway, the government was moved temporarily to Philadelphia, where Washington served out his two terms. He is the only president who never resided in the White House.
    1778 – John Paul Jones launched a surprise attack on Whitehaven, England. This was the only US raid of the Revolutionary War on England’s homeland.
    1791 - The birthday of James Buchanan (d. 1868), Cove Gap, PA.  15th president who served from 1857 to 1861; the only president who never married. After 10 years in the House, he served as Minister to Russia, Senator for nearly nine years, then Minister to the UK before accepting the Democratic nomination for President for the 1856 election.  Shortly after his election, Buchanan lobbied the Supreme Court to issue a broad ruling in the Dred Scott decision which he fully endorsed as president. He allied with the South in attempting to gain the admission of Kansas to the Union as a slave state. In the process, he alienated both Republican abolitionists and Northern Democrats, most of whom supported the principle of popular sovereignty in determining a new state's slaveholding status.  His inability to address the sharply divided pro-slavery and anti-slavery partisans with a unifying principle on the brink of the Civil War has led to his consistent ranking by historians as one of the worst presidents in American history. Historians who participated in a 2006 survey voted his failure to deal with secession the worst presidential mistake ever made
    1813 - Birthday of Stephen A. Douglas (d. 1861), Brandon, VT.  U.S. Congressman, Senator and presidential candidate who ran against Abraham Lincoln after losing as a running mate or President Franklin Pierce to James Buchanan. He was in favor of the new territory and states being allowed to choose whether they wanted to be “slave” or “anti-slave states.” He is also very well known for the series of “Lincoln-Douglas” debates. 
    1856 -  Granville T. Woods (d. 1910) was born at Columbus, OH. Known as the “black Thomas Edison,” he invented the Synchronous Multiplex Railway Telegraph which allowed communication between dispatchers and trains while the trains were in motion, thereby decreasing the number of train accidents. In addition, Woods is credited with a number of other electrical inventions and historians continue to compare him favorably to Thomas Edison. 
    1865 – Confederate President Jefferson Davis wrote to his wife, “Panic has seized the country!” After the surrender of the Confederacy by Gen. Lee, Davis kept moving his government south in order to re-establish rule over the fallen ‘nation.’ He was captured two weeks later by Union troops in northern Georgia, was charged with treason, but was never tried.
    1872 - Charlotte E. Ray became the first African-American woman attorney admitted to the Washington Bar, to the Supreme Court of the District of Columbia. History also records her as the first African-American woman to receive a law degree, receiving her LLB. degree from the Howard University School of Law, Washington, DC, on February 27, 1872. She opened a law practice, but both racial and gender prejudice forced her to close the office. She then joined the Women's Suffrage Movement. 
    1879 - Fire burns down the second main building and dome of the University of Notre Dame, which prompts the construction of the third, and current, Main Building with its golden dome.
    1885 - The city of Denver, CO was in the midst of a storm which produced 23 inches of snow in 24 hours, and at Idaho Springs, CO, produced 32 inches of snow.
    1896 - The first movie was shown at Koster and Bials Music Hall in New York City. Up until this time, people saw films individually by looking into a Kinescope, a box-like "peep show." This is the first time an audience sat together and watched a movie together. What they saw was a series of short scenes, including a ballet scene, a burlesque boxing match, surf breaking on the shore, and a comic allegory entitled," The Monroe Doctrine." Thomas Alva Edison was present for his Vitascope and the audience called for Edison, but he did not appear and refused to take a bow. 
    1898 – President William McKinley asked for 125,000 volunteers to fight Spain following Congress’ demand that Spain withdraw from Cuba.
    1903 – Winning their first game after moving from Baltimore, the New York Highlanders defeated the Washington Senators, 7-2.
    1906 - Most of the fires resulting from the April 18 earthquake in San Francisco were extinguished, allowing the rebuilding to finally begin. Estimates placed the loss of lives at 3000 and 30,000 structures destroyed.
    1907 - The steam laundries of San Francisco and vicinity, with the exception of a few, remain on strike after more than four weeks. Soiled linen is becoming a serious problem in many households. The few laundries that are in operation were unable to call for or deliver washing. Patrons who took their wash to the laundries returned with the dirty linen.
    1907 - Jack London, on board his yacht, the Snark, pulled out into the harbor from the Franklin Street wharf at 12:30 today amid the cheers of his friends and admirers. He stood on deck with his wife and small crew.
    1910 - The temperature at the Civic Center in Los Angeles, CA, hit 100 degrees to establish an April record for the city.
    1914 – Wrigley Field opened, then known as Weeghman Park, as the home of the Federal League Chicago Whales.  After the league folded in December, 2015, Charles Weeghman bought the Cubs and moved them to the park for the opener of the 1916 season.  From 1922, after extensive renovations until 1927, it was known as Cubs Park at which time it was named Wrigley Field after the chewing gum tycoon who had become the team’s owner.
    1915 - Birthday of pianist-arranger Joe Lippman (d. 2007), Boston, MA. 
    [chron, corrected year]1920 - Canadian string instrument builder Francois ‘Frank’ Gay was born in Marcelin, Saskatchewan. In 1953, Gay established a studio in Edmonton, building guitars for such famous country stars as Johnny Cash, Don Gibson and Hank Snow. Three of Gay's guitars - those owned by Johnny Horton, Webb Pierce and Faron Young - have been placed in the Country Music Hall of Fame in Nashville.
    1921 - Birthday of baseball Hall of Fame pitcher Warren Edward Spahn (d. 2003), Buffalo, NY. Spahn remains the winningest left-hander in Major League history with 363. He also is the oldest pitcher to throw a no-hitter. At the age of 42, he chalked up a 23-7 record.  Spahn enlisted in the US Army after finishing the 1942 season in the minors. He served with distinction and was awarded a Purple Heart.  He saw action in the Battle of the Bulge as a combat engineer and was awarded a battlefield commission.  Spahn returned to the Majors in 1946 at the age of 25, having missed three full seasons. Had he played those seasons, it is possible that Spahn would have finished his career behind only Walter Johnson and Cy Young in all-time wins.   
    1928 - Birthday of Shirley Temple (d. 2014), Santa Monica, CA.   Child movie star who was Hollywood's greatest box-office attraction by the age of seven. She danced, sang, acted, and beguiled in one escapist musical hit after hit during the darkest days of the Depression. She received a special Juvenile Academy Award in February 1935 for her outstanding contribution as a juvenile performer in motion pictures during 1934. By age 12, her appeal dropped and after a series of flops, she retired. In later years, she became the darling of the Republican Party and was appointed to political and/or ambassadorial posts by three Republican presidents, Richard Nixon, Gerald Ford, and George H. Bush, but surprisingly not by Hollywood's own Ronald Reagan. She was appointed a U.S. Ambassador to Ghana and chief of protocol under President Gerald Ford and then Ambassador to Czechoslovakia 1989 to 1992 by Bush I.  Temple was the recipient of numerous awards and honors, including the Kennedy Center Honors and a Screen Actors Guild Life Achievement Award. She is 18th on the AFI list of the greatest female American screen legends of Classic Hollywood cinema. 
    1932 - Bing Crosby records “Sweet Georgia Brown” with Isham Jones Band. 
    1934 – Public Enemy #1, John Dillinger is killed by the FBI in Chicago.
    1936 - Pioneer rock singer Roy Orbison (d. 1988) was born in Vernon, Texas. His writing and performing in the 1950's helped create a mass market for rock music, including his own recording of "Ooby Dooby," which was a moderate hit in 1956. In 1958, Orbison wrote "Claudette," named for his wife, which became a million-seller for the Everly Brothers. Roy Orbison's sound mellowed somewhat in the following decade and he began his string of million-sellers in 1960 with "Only the Lonely." His other hits included "Running Scared," "Crying" and "Oh, Pretty Woman," a number-one record in 1964. Orbison suffered two personal tragedies in the '60s. In 1966, his wife was killed in a motorcycle accident. Three years later, two of his three children died in a fire at his home near Nashville. Orbison's career took an upswing in 1988 when his collaboration with Bob Dylan, George Harrison and Tom Petty under the name “The Traveling Wilburys.”  His honors include inductions into the Rock and Roll Hall of Fame in 1987, the Nashville Songwriters Hall of Fame in the same year, and the Songwriters hall of Fame in 1989. Rolling Stone placed him at number 37 on their list of the "Greatest Artists of All Time" and number 13 on their list of the "100 Greatest Singers of All Time.'  In 2002, Billboard magazine listed Orbison at number 74 in the Top 600 recording artists.
    1939 – Actor Lee Majors, “The Six Million Dollar Man,” was born Harvey Lee Yeary, Wyandotte, MI.
    1939 – Early rock and roller Ray Peterson (d. 2005) was born in Denton, TX.  He had two top 10 hits in 1960, “Tell Laura I Love Her” and “Corrina, Corrina.” 
    1941 - Birthday of Allen Cohen (d. 2004), Brooklyn.  Poet, editor of San Francisco Oracle, visionary, champion for peace and justice who inspired his generation. The memory of Allen Cohen will forever live in the hearts of those who loved him and all whose lives he touched with his poetry and his promotion of peace and love.
    1942 - Birthday of “Gidget,” Sandra Dee, born Alexandra Zuck (d. 2005), Bayonne, NJ.   Singer/actress/heart throb to a generation.  A highly publicized marriage to Bobby Darin (1960–1967) ended in divorce.
    1943 - The Earl "Fatha" Hines Band, featuring then-unknowns Dizzy Gillespie, Charlie Parker, and a vocalist named Sarah Vaughan, begins a series of engagements at the Apollo in Harlem.
    1943 – “Tattoo,” Herve Villechaize (d. 1993) was born in Paris, France. The co-star with Ricardo Montalban on television’s “Fantasy Island,” he burst onto the screen as Bond villain Nick Nack in “The Man With the Golden Gun.”   
    1944 – Birthday of Anthony James “Tony” Esposito, Sault Ste. Marie, Ontario.  Hockey Hall of Fame goalie: NHL: Montreal Canadiens, Chicago Blackhawks. Won Calder Memorial Trophy as NHL's outstanding rookie in 1969-1970; All-star, 1970, 1972, 1980. Shared Vezina Trophy for best goaltender [1972, 1974]; played 886 games in NHL, winning 423, losing 307, earning draw in 151; 76 shutouts with a 2.92 goals-against-average; in 99 playoff games, Tony won 45, lost 53 with a 3.07 average; shared goaltending duties with Ken Dryden in 1972 when Team Canada played the Soviet Nationals in famed Series of the Century in which Canada edged Soviets, four games to three and one tie. Brother of Hockey Hall Fame player, Phil Esposito.
    1944 – Birthday of Marty Fleckman, Port Arthur, TX.  Pro golfer, Univ. of Houston: 3 NCAA championship teams/individual title in 1965 with a two-day total of 135. All-American, 1965; medalist honors at Western Amateur, 1966; Walker Cup team, 1967. Pro: Cajun Classic champ, 1967; Golf teacher: Meyer Park Golf Course, Houston.
    1945 – President Harry Truman angrily confronted Soviet Foreign Minister Molotov, accusing the Soviets of breaking the Yalta agreements reached among FDR, Churchill, and Stalin just weeks before FDR died on April 12, 1945.
    1948 - Johnny Longden became the first jockey to ride 3,000 career winners as he set the mark at Bay Meadows in San Mateo, CA.
    [Wiki: July 23]1950 - CBS-TV premieres “The Gene Autry Show.”
    [Wiki: July, 1955]1951 - Chuck Berry releases "Maybellene." 
    [Wiki: Jun 6]1951 - Rosemary Clooney's "Come On-A My House" hits #1 
    1952 – New York Giants knuckleballer and Hall of Famer Hoyt Wilhelm homered in his first Major League at bat and followed with a triple next time up.  Over the next 21 years, covering 1070 more games, he never hit another of either.
    1953 - Top Hits
Doggie in the Window - Patti Page
Pretend - Nat King Cole
I Believe - Frankie Laine
Your Cheatin’ Heart - Hank Williams 
    1954 - Henry Aaron of the Milwaukee Braves hit the first home run of his Major League career. It came against Vic Raschi of the St. Louis Cardinals in the Braves' 7-5 victory. Not only did he raise the bar for home runs, but he also established 12 other Major League career records, including most games, at-bats, total bases and RBI's. Aaron won three Gold Glove awards, earned National League MVP honors in 1957, and appeared in a record 24 All-Star Games. Aaron went onto hit 755 homers, more than any other player who did not take PEDs.
    1954 - The NBA approved a proposal by Syracuse Nationals owner Danny Biasone to adopt a 24-second clock. The rule stated that “a team in control of the ball must make an attempt to score within 24 seconds after gaining possession of the ball.” Biasone promoted the rule to boost the league's offensive output. He decided on 24 seconds by dividing the total number of shots taken in an average game into 48 minutes, the time played in regulation game. 
    1956 - High on his recent successes, and at the insistence of Colonel Tom Parker, Elvis Presley begins a disastrous concert stint at the Frontier Hotel in Las Vegas where he opens for comedian Shecky Greene. Despite having "Heartbreak Hotel" at the top of the charts, the middle-aged audience, miles removed from Elvis' teen fan base, are completely indifferent to him and his contract is soon torn up after only one week of a two-week engagement. However, while there, Presley witnesses a band called Freddie Bell and the Bellboys doing a wild rave-up version of Big Mama Thornton's blues hit "Hound Dog." He soon works it into the live act. Presley wouldn't play Las Vegas again for almost 13 years.
    1960 - Herman's Hermits released a song called "My Sentimental Friend," which would become a major European hit, reaching number two on the UK pop chart. In the US however, the band was now hopelessly out of style and one of the best songs they ever recorded was ignored completely.
    1961 - Birthday of George Lopez, Mission Hills, California; comedian/actor.
    1962 – The expansion New York Metropolitans won their first Major League game, beating the Pittsburgh Pirates, 9-1, behind Jay Hook’s 5-hitter.  The Mets started the season by losing their first 9 games, prompting manager Casey Stengel to ask whimsically, “can’t anybody here play this game?”
    1963 - High school student Neil Young and his band, the Squires, enter a Winnipeg, Manitoba, Canada studio to record their first single, a surf instrumental called "The Sultan."
    1961 - Top Hits
Blue Moon - The Marcels
Runaway - Del Shannon
Mother-In-Law - Ernie K-Doe
Don’t Worry - Marty Robbins
    [Wiki: Mar 20]1963 - Jan and Dean record "Surf City" 
    1963 - Pete Rose of the Cincinnati Reds got his first hit in the Major Leagues. It was a booming triple off the Pirates' Bob Friend. ‘Charlie Hustle' went on to break Ty Cobb's all-time hitting record more than 20 years later, playing for the Reds, the Phillies and the Expos. He was later banished from baseball for illegal betting on baseball games. 
    1964 - Ken Johnson of the Houston Astros will certainly never forget this day. Johnson tossed the first no-hit game -- for a loss -- in baseball history. Cincinnati's Reds beat Johnson's no hitter by a score of 1-0. The Reds capitalized on two costly Houston errors.
    1966 - Napoleon XIV's "They're Coming To Take Me Away, Ha-Haaa!" hits #1
    1966 - Frank Sinatra's “Strangers in the Night” LP hits #1
    1966 - Roger Miller's "You Can't Roller Skate In A Buffalo Herd" enters the charts
    1966 - President Lyndon Johnson publicly appeals for more nations to come to the aid of South Vietnam.
    1968 - NYPD rushed occupied buildings on the Columbia University campus to break up a student protest of a decision to build a gymnasium on public land in Harlem.
    1968 – Oklahoma City bomber Timothy McVeigh (d. 2001) was born in Lockport, NY.  Domestic terrorist was convicted  and executed for the detonation of a truck bomb in front of the Alfred P. Murrah Federal Building on April 19, 1995.  The attack killed 168 people and injured over 600.  It was the deadliest act of terrorism within the United States prior to the September 11 attacks and remains the most significant act of domestic terrorism in United States history.
    1969 - Top Hits
Aquarius/Let the Sun Shine In - The 5th Dimension
You’ve Made Me So Very Happy - Blood, Sweat & Tears
It’s Your Thing - The Isley Brothers
Galveston - Glen Campbell 
    1969 – Sirhan Sirhan received the death penalty for the assassination of Robert F. Kennedy in Los Angeles. In 1972, that sentence was commuted when the State of California abolished the death penalty. I covered the afternoon as news producer ABC-TV News, Burbank, California.
    1970 - Show: Joe Cocker (Mad Dogs and Englishmen), Van Morrison, The Stoneman, Metro Toll, Fairport Convention, Salt 'N Pepper, Clouds, Dry Paint, Brotherhood of Light, Little Princess #109 perform at the San Francisco Fillmore West Artist: David Singer.
    1970 - Norman Greenbaum's "Spirit in the Sky" is awarded a Gold record. The single sold two million copies in 1969 and 1970 and reached number three in the US and number one in the UK. 
    1977 - Thelma Houston's "Don't Leave Me This Way" hits #1
    1977 - Top Hits
Don’t Leave Me This Way - Thelma Houston
Southern Nights - Glen Campbell
Hotel California - Eagles
She’s Got You - Loretta Lynn 
    1985 - The Coca-Cola Company told the world in a barrage of advertisements that it was changing its 99-year-old secret formula. New Coke was called “the most significant soft drink development” in the company's history. The public did not like it. Fans of the original Coke were instrumental in bringing Classic Coke back. The Coca-Cola did keep the “new” diet Coca-Cola. This year they started introducing cherry coke, lemon coke, and this summer, vanilla. 
    1985 - Top Hits
We are the World - USA for Africa
Crazy for You - Madonna
Nightshift - Commodores
I Need More of You - Bellamy Brothers 
    1987 - "Business Week" magazine announced its list of the highest paid executives in the U.S. Lee Iacocca of Chrysler Corporation topped the list, followed by Paul Fireman of Reebok International. The computer revolution did not begin until the 90's, knocking most automobile executives way off the charts. 
    1988 - The smoking ban on airplane flights went into effect. In compliance with rules issued by the Federal Aviation Administration, airlines banned smoking on domestic passenger flights lasting less than two hours, with the exception of chartered flights and travel club flights. Northwest Airlines voluntarily banned smoking on domestic passenger flights of all durations. The first commercial domestic air service that was entirely smoke-free, including the cockpit, was inaugurated by Delta Air Lines of Atlanta, GA, which banned smoking on all flights beginning January, 1995. Other airlines adopted this policy in the following year.
    1988 - An intense winter-like storm brought thunderstorms to southern California, and produced snow in some of the higher elevations. Nine girls at Tustin, CA were injured when lightning struck the tree under which their softball team had taken shelter from the rain. 
    1989 - Salina, KS was the hot spot in the nation with a high of 105 degrees. The high of 105 degrees established an April record for the state of Kansas. A total of eighteen cities in the central U.S. reported record high temperatures for the date.
    1989 - "Baywatch" premiered on television. Set on a California beach, this program starred David Hasselhoff and a changing cast of nubile young men and women as lifeguards. Later the program was moved to Hawaii; the last episode was made in 2001. The most widely viewed TV series in the world, the program aired in 142 countries with an estimated weekly audience of 1.1 billion.
    1994 - Discovery of the top “quark.” Physicists at the Department of Energy's Fermi National Accelerator Laboratory found evidence for the existence of the subatomic particle called the top quark, the last undiscovered quark of the six predicted to exist by current scientific theory. The discovery provides strong support for the quark theory of the structure of matter. Quarks are subatomic particles that make up protons and neutrons found in the nuclei of atoms. The five other quark types that had already been proven to exist are the up quark, down quark, strange quark, charm quark and bottom quark. Further experimentation over many months confirmed the discovery and it was publicly announced Mar 2, 1995. 
    1999 - Fernando Tatis becomes the first player in Major League history to hit two grand slams in one inning. The Cardinal third baseman hits both off Dodger starter Chan Ho Park in an 11-run third inning, setting the mark. His eight RBIs in one inning also breaks the old record of six.
    2000 - In a 10-7 victory over Toronto, the Yankees’ Bernie Williams and Jorge Posada became the first teammates to hit a home run from both sides of the plate in the same game.
    2005 - The first-ever YouTube video, titled "Me at the Zoo", was published by user "jawed."
    2013 – Glen Campbell’s (d. 2017) publicist told members of the press that his client is no longer capable of performing on stage due to advancing Alzheimer's disease. Sandy Brokaw went on to say that the 77-year-old Campbell planned on recording one final album called "See You There," which would feature new renditions of old songs. In April, 2014, he was admitted to a nursing home that specialized in Alzheimer’s disease.
    2014 – Google is partnering with solar manufacturer SunPower to form a financing program to help families afford solar power for their homes. 
    2014 – Facebook announced first quarter profits of $642 million, nearly 300% year-over-year.
    2015 – A pending merger between Comcast and Time-Warner cable was canceled after regulators expressed concerns regarding the reduction of competition and other public interest issues.  TWC was acquired for $78.7 billion by Charter Communications in 2016, prior to which it was the nation’s second-largest cable provider behind Comcast.  Charter also acquired Bright House in a separate transaction.

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Highlights Marlin Business Service's 10K
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     Class Action Settlement for $5 Million
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  Bonus Depreciation Extended through 2027
- Chairman and CEO LEAF Commercial Capital
   House up for Sale in Pennsylvania
- $50 Million Ponzi Scheme in San Jose, California
- Who Works the Most Hours Every Year?
- Deborah Monosson Leasing Person of the Year 2017
- Airplane Travel Card Deadline Extended
- Section 179 Increases to $1 Million Retroactive to 9/27/2017
   Bonus Depreciation Extended through 2027
- Chairman and CEO LEAF Commercial Capital
   House up for Sale in Pennsylvania
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- Financing Cannabis
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    Selected by Finance & Commerce
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   Questions by Christopher Menkin, Editor
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   Surpasses 500 Members
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- Don't Fear the Unsubscribe
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- What's Ahead for Fleet Lessors?
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   An Updated Overview of a Few Troublesome States
- Shopko-Balboa Capital Summary Judgement Denied
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   for the federal government
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   This May Prevent You from Being Licensed in the Future
- New Jersey Appeals Court Vacates $1.5 Million
  Attorneys’ Fees Award in Equipment Leasing Dispute
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- Solar Financing Firms
   Working with Third Party Originators
- Referral, Recommendations, Questions, Complaints
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   in the State of California
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- It's Not the United States with Highest Income Tax
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that Brokers Need Licenses and Lessors Can’t Pay Unlicensed Brokers
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- FinTech #102  by Christopher Menkin
   Menkin has an Epiphany
- Alternate Finance Companies - Subprime
- FICO Score: Excellent to Bad
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    and Make Extra Income
- Your Photograph on
Use a Password Generator
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