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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

Working Capital from $10,000 to $250,000                 

Monday, April 29, 2019

Today's Leasing News Headlines Appears Stagnant
  Last Post April 10th
Looking to Improve Your Career
   Post a Free Position Wanted
Sales Make it Happen by Bob Teichman, CLFP
   "The Lease Production Team"
Leasing News Top Stories
   April 23 - April 25
Letters! We Get Email
PayPal Has Emancipated Itself from eBay
  Gross Volume 1st Quarter  $161.5 Billion
If You are Buying Smart Water…
Chocolate Labrador Mix
   Chicago, Illinois  Adopt a Dog
Coming May 3rd, Friday, Annual AACFB Conference
   Las Vegas, Nevada for Brokers and Funders
News Briefs---
More on Merger Neuman Fin./Beneficial Equipment Fin.
   WSFS combines two businesses inherited from Beneficial
Pilots demand better training if Boeing wants
     to rebuild trust in 737 MAX

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---
Zuckerberg Builds Light Box for Wife
  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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-------------------------------------------------------------- Appears Stagnant
Last Post April 10th

John O. Semon

Since April 10th, no new stories have been posted on "The Lessors Network." There are two April 10th press releases and the rest April 9th. Many emails, contact forms, have been sent by Leasing News to learn if the site is now "closed."

The website was formed in 1998 when its founder John O. Semon was also active in syndication and education conferences. His biography states he "...began his career in the equipment lease finance markets in 1968 working for Litton Industries Credit Corporation, AVCO Financial Services, ITEL Capital Corp. and Chase Manhattan Bank N.A.

"Prior to launching “The Lessors Network, ” Mr. Semon served as a member of the Chase Manhattan Bank, N.A., Asset, Liability & Management Committee and was responsible for Chase Manhattan Leasing Company's "Government Finance Unit" where he built and managed the first bank-owned private placement syndication program for tax-exempt leases.

"In 1989, Mr. Semon founded Semon Associates, Inc., providing professional consulting and tax-exempt portfolio syndication services exclusively to the public finance markets.

"In 1998, Mr. Semon founded the Lessors Network, recognizing the need and opportunity for an Internet platform to showcase and link equipment lease finance resources.

"For a decade the Lessors Network produced upscale, professionally intimate showcase events at the Ritz-Carlton hotel in Atlanta for an exclusive audience of equipment finance executives. With the crash of 2008, the Lessors Network discontinued hosting events and refocused all resources on Internet based platforms resulting in the largest equipment lease finance community on the Web.

"Mr. Semon's past services as president and chairman of The Association for Governmental Leasing & Finance, a member of the Equipment Leasing Association's "Municipal Forum," co-founder and chairman of the Jurassic Lessors Association and, as an industry spokesperson for the United States Congress, has provided additional critical experience and national acceptance as a speaker, author and industry advocate."


 Looking to Improve Your Career
Post a Free Position Wanted

Free Career Positon Wanted goes into our Classified Ad section:

It also runs once a week in the News Edition.

Use your personal email address only. We encourage you to add a resume, although not necessary. If you do so, please make sure your name, address and telephone number are not included. If so, we will delete them. The reason is once the resume is placed on line: it remains in Google, as well in Leasing News Editions’ archives. A search of your name will bring up your posting, which will have your address and telephone number for years to come.

It is also a good idea to create an email for the ad specifically that you can delete after use.

This is “free” to those looking for a new position. Each ad is limited to (100) words.

To post your free position wanted, please email:


Sales Make it Happen by Bob Teichman, CLFP

"The Lease Production Team"

When I was a young car leasing salesman, our sales manager one day decided to hold an all-day Saturday sales meeting. The loudest grumbling came from the senior salesmen who felt this imposition cut into their golf time. So it was no surprise when, after an hour of rah, rah, sell, sell, our best salesman stood up and said, “I don't want to have to work my tail off getting deals in the front door, only to lose them out the back door!”

He was referring to his experiences with our documentation department. He always fought with them and felt that both documentation and credit departments had a personal vendetta against him. Every deal was a struggle.

This guy was a terrific salesman and brought in a lot of deals, but never really learned how to work with the other people whose jobs depended on properly booking leases. Very early in my career, I realized that, contrary to the stories told by the salesmen, not all credit and documentation people had horns and tails. In fact, they really wanted to put business on the books. And I quickly learned how to work smoothly with both.

There are three equal parts to the Lease Production Team; Sales, Credit and Documentation. Unfortunately, in some companies, each group views the other as an adversary. Sales bemoans Credit as “deal killers” and Credit feels that Sales is always trying to ram deals into the system. Documentation hunkers down expecting a fight.

But, in successful companies, all three work together. It is important that each understand how the other groups operate and how each fits into the production cycle. To achieve this may require interdepartmental meetings or cross-training. The result will be an understanding by all that each group handles a transaction from a different point of view. The common thread is risk management.

From that point of view it is easy to see how the parts fit together. Sales defines the risk, Credit evaluates the risk and Documentation manages the risk. By recognizing these roles, and by working to enhance, rather than defeat them, a salesperson will be far more successful, both in booking deals as well as his or her relationships with the other members of the Lease Production Team.

Bob Teichman, CLFP 
Teichman Financial Training 
"Education & training for leasing and financing personnel"
Tel: 415 331-6445


Leasing News Top Stories
April 23 - April 25

(Stories most opened by readers)

(1) Financing Cannabis Funding Sources
  Many Work with Third Party Originators

(2) New Hires/Promotions in the Leasing Business
     and Related Industries

(3) Position Wanted

(4) Map: The Salary Needed to Buy a Home
        in 50 U.S. Metro Areas

(5) Equifax acquires PayNet to help expand access
       to capital for small and mid-sized businesses

(6)  The Real Reasons Why New Yorkers Are Fleeing the City
        Net Loss of 39,523 in 2018  

(7) Report Misleads More Businesses Applied for MCA
       than Leasing: 2018 Federal Reserve Survey Report

(8) Why You Should be Active on
    FinTech #102 by Alex Vasilakos

(9) ELFA MLFI-25 Finds March at $8.2 Billion New Business
        Up 39 percent Compared to February

(10) Sales Makes it Happen by Scott Wheeler, CLFP
   On the Verge


Letters! We Get Email

ELFA MLFI-25 Finds March at $8.2 Billion New Business
  Up 39 percent Compared to February

"What I thought was interesting is that according to ELFA  new business numbers – we are down 10% year over year and the confidence barometer is declining but the quotes were all very positive?"

Valerie Jester

(Also note the ELFF Confidence report while down, the quotes also were all very positive: )


Report Misleads More Businesses Applied for MCA
    than Leasing: 2018 Federal Reserve Survey Report

"If anyone knows how the MCA approval seeking progress works vs. equipment leasing you would know why those numbers are skewed."

John Snyder, CLFP

(I understand the multiple procedures, reason for the high application count. Had an article also on the:
Merchant Cash Advance APR Calculator )


Tom Depping Buys Houston Astros
   Dollar Amount Not Disclosed

"BTW, loved the April Fool’s joke re: Tom Depping."

VJ Brandon Goichai


Paul Menzel, CLFP, Named CEO
  Wells Fargo Bank

  “Is the article about Paul Menzel also an April Fools’ joke?"


"Well done!"

Ron Mitchell



 In a move that surprised many, eBay announced last year that it’s replacing PayPal as its main payment processing partner, having signed an agreement with Adyen, a global payment provider based in the Netherlands, to replace its former subsidiary. Going forward, eBay plans to take a more direct role in the payments process by serving as an intermediary using Adyen’s technology.

In its statement on the matter, eBay stressed that the transition to the new payment model would be "a multi-year journey“ and could only be completed “within the parameters of the Operating Agreement with PayPal”, which ties eBay to its longtime partner through mid-2020. After that, PayPal will still be available as a payment option to eBay customers until (at least) July 2023, as both companies agreed on.

Having been part of eBay from 2002 until 2015, PayPal’s business has long been closely intertwined with that of eBay, but in recent years, the payment provider outgrew the shadow of its former parent. Having been spun off into a separate public company, PayPal’s market capitalization is currently almost four times as high as eBay’s and as our chart illustrates, the company is not as dependent on eBay as one might think. The volume of payments processed by PayPal was more than seven times as high as the value of all goods sold on eBay in the most recent quarter. In fact, eBay transactions only accounted for 9.7 percent of PayPal’s payment volume in Q1 2019.

Felix Richter   Statista





Chocolate Labrador Mix
Chicago, Illinois  Adopt a Dog

5 or Six Years Old


"Hi, my name is Angus. I am dark chocolate lab mix with gray hair in places. They think I am 5 or 6 years old. I was a stray and have some scars from my time on the streets with no home. I am a sweet loving boy who takes food and treats very gentle from you. I am starting to learn how to walk on a leash. I do better with a harness. I get along with the other dogs and I love people."

"We require a non-refundable application fee of $25.  This amount will be applied to your adoption fee.  Thank you!"

Chicagoland Lab Rescue, Inc.
1954 First Street #164
Highland Park, IL  60035
Phone: 951-262-3446

Adoption Process

Adoption Application


Coming May 3rd Annual AACFB Conference
Las Vegas, Nevada for Brokers and Funders

David C. Lee
Chairman and CEO
North Mill Equipment Finance

30-year finance industry veteran, David Lee, Chairman and CEO of North Mill Equipment Finance on Friday, May 3rd for the opening general session of the 2019 AACFB Annual Conference and learn how YOU can learn and benefit from industry disruptors!

A Benefits Booth will be available to display information on member benefits; attendees can meet with one of our benefit providers.

Women in Leasing Luncheon where leasing and commercial finance are invited to attend a special luncheon to enjoy good food and fellowship to kick off the fun and networking at the 2019 American Association of Commercial Finance Brokers Conference.

Due to the generous sponsorship of Channel Partners Capital, this event is FREE for ladies to attend, however RSVPs are required to reserve a seat.

Shervin Rashti, CLFP, Slim Capital will be reporting on the conference for Leasing News Readers.

61 Exhibitors:



Caesars Hotel

General Information



News Briefs----

More on Merger Neuman Fin./Beneficial Equipment Fin.
   WSFS combines two businesses inherited from Beneficial

Pilots demand better training if Boeing wants
     to rebuild trust in 737 MAX



You May Have Missed---

Mark Zuckerberg built a glowing wooden box
     to help his wife sleep better


Warriors Win!!!

"If you think you are beaten, you are,
If you think that you dare not, you don't,
If you'd like to win, but you think you can't,
It's almost certain you won't.

If you think you'll lose, you've lost,
For out in the world you'll find,
Success begins with a fellow's will,
It's all in the state of mind.

If you think you are outclassed, you are,
You've got to think high to rise,
You've got to be sure of yourself before
You can ever win a prize.

Life's battles don't always go
To the stronger or faster man,
But soon or late the man who wins
Is the man who thinks he can."

Walter D. Wintle



Sports Briefs---

Warriors 104, Rockets 100: Warriors survive ugly Game 1

Richard Sherman's health might have played role
    in 49ers' draft strategy

Improving the defense, who’s in charge,
   and other takeaways from 49ers’ 2019 NFL Draft

Former Raiders K Sebastian Janikowski to retire

Josh Rosen gets standing ovation at Larry Fitzgerald’s softball game

Steve Young: Football needs ‘sea change’ in approach to concussions


California Nuts Briefs---

Silicon Valley could be the second richest country in the world

Where You Can Afford to Live in SF Bay Area
   Rent or Buy



“Gimme that Wine”

‘End of an era’: Sonoma’s Ravenswood tasting room to close

Alcohol Sales Dropped 15% in States with Medical Marijuana Laws

2019 Rodney Strong Summer Concert Series Entertainers Announced

How Much Do People Spend On Alcohol? An Analysis Shows
  How Much People in U.S. Cities Spend Over a Lifetime

Jean-Charles Boisset's $395 wine book will help you live your best life

Free Wine App

Wine Prices by vintage

US/International Wine Events

Leasing News Wine & Spirits Page


This Day in History

     1749 - Benjamin Franklin on the banks of the Schuylkill River, Philadelphia, PA, became the first person to cook by electricity. He wrote: “A turkey is to be killed for our dinner by the electrical shock and roasted by the electrical jack, before a fire kindled by the electrified bottle.”
    1845 - Macon B. Allen and Robert Morris, Jr., become the first African-American lawyers admitted to the bar in Massachusetts.
    1852 - Peter Roget's Thesaurus was published for the first time.  The original edition had 15,000 words, and each new edition has been larger.  The Karpeles Manuscript Library Museum houses the original manuscript in its collection.
    1854 - The first college for African-American students was the Ashmun Institute, Chester County, PA. It was named after Jeshudi Ashmun, the reorganizer of the colony of Liberia. In 1966, the college name was changed to Lincoln University.
    1861 – The Maryland House of Delegates voted against secession from the Union.
    1863 – Publisher William Randolph Hearst (d. 1951) was born in San Francisco.  He built the nation's largest newspaper chain and whose methods profoundly influenced American journalism.  Hearst entered the publishing business in 1887 after taking control of The San Francisco Chronicle from his father. Moving to New York City, he acquired The New York Journal and engaged in a bitter circulation war with Joseph Pulitzer’s New York World that led to the creation of yellow journalism—sensationalized stories of dubious veracity. Acquiring more newspapers, Hearst created a chain that numbered nearly 30 papers in major American cities at its peak. He later expanded to magazines, creating the largest newspaper and magazine business in the world.
    1873 - Eli Hamilton Janney of Alexandria, VA, obtained a patent on an “improvement in car-couplings.” Eventually every railroad coupler with which every railroad car in the United States, Canada, and Mexico was equipped with his invention.
    1899 - Jazz pianist, composer and bandleader Edward Kennedy (Duke) Ellington (d. 1974) was born in Washington, DC. He made his first professional appearance as a jazz pianist in 1916, and two years later formed his first band. After appearances in Harlem nightclubs, Duke Ellington's orchestra became one of the most famous jazz bands and remained so for more than 50 years. Some of Ellington's best-known songs include "Take the A Train," "Mood Indigo," "Solitude" and "Sophisticated Lady." He also wrote a number of concert works including "Creole Rhapsody" and "Black, Brown and Beige." Ellington made hundreds of recordings before his death in 1974.
    1901 - For the first and only time, the Kentucky Derby was run in April instead of May. The winning cold was “His Eminence,” ridden by Jimmy Winkfeld. Sannazarro finished second, a length-and-a-half back.
    1902 – Baltimore Orioles infielder John McGraw was hit five times, but home plate umpire Jack Sheridan refused to allow him to take first base. In the 9th inning, McGraw was hit again and sat down in the batter’s box in protest. American League president Ban Johnson suspended McGraw for five games.
    1910 - The temperature at Kansas City, MO, soared to 95 degrees to establish a record for the month of April. Four days earlier the afternoon high in Kansas City was 44 degrees, following a record cold morning low of 34 degrees.
    1913 - The zipper was invented about 1906 by Gideon Sundback of Hoboken, NJ, an inventor of Swedish ancestry, who obtained a patent on this day for his “separable fasteners.” His design consisted of two flexible tapes, each of which carried a row of metal teeth with tiny hooks, and a slider that locked the two rows of hooks together. This fastener was improved upon by later patents on March 20 and October 16, 1917, which were assigned to the Hookless Fastener Company of Meadville, PA, under the name “Talon.” The first manufactured garments to incorporate zippers were rubber boots made by the B.F. Goodrich Company in 1923. Prior to this, all clothes used buttons exclusively. The term “zipper” was coined by the English novelist Gilbert Frankau, who saw the device at a promotional luncheon and explained “Zip! It's Open! Zip! It's closed!” The first fashion designer to use zippers was Elsa Schiaparelli, who added them to garments in her 1930 collection.
    1918 - Ace of Aces, Captain Edward Vernon Rickenbacker’s, of Columbus, OH, first victory took place in the Baussant region, in the Toul sector, France. He was credited with 26 victories, including 22 airplanes and four balloons.
    1918 – Pro football coaching legend George Allen (d. 1990) was born in Nelson County, VA.   Inducted into the Pro Football Hall of Fame in 2002, Allen coached the LA Rams and Washington redskins over 17 years, compiling a .712 winning percentage that included 1972 NFC Championship.  Edward Bennett Williams, the Redskins' president, once famously said, "George was given an unlimited budget and he exceeded it." In ending Allen's second stint as the Rams' head coach after only two preseason games in 1978, Carroll Rosenbloom said, "I made a serious error of judgment in believing George could work within our framework." and "He got unlimited authority and exceeded it.”
    1923 – The Yankees signed 20-year-old prospect Lou Gehrig to a contract paying him a salary of $2,000 and a bonus of $1,500. Yankees scout Paul Krichell had watched the Columbia University 1B blast a 450-foot home run against NYU one day earlier.
    1927 - Birthday of tenor saxophone Big Jay McNeely (d. 2018), born Cecil James McNeely, Watts, Ca.
   1929 – Singer April Stevens was born Carol LoTempio in Niagara Falls, NY.  She is best known for her 1963 recording of "Deep Purple" with her brother Antonino LoTempio (singing under the name Nino Tempo). It reached #1 on the Hot 100 on 16 November 1963, and No.17 in the British charts. The song won the 1963 Grammy Award for Best Rock and roll Recording.  It sold over one million copies, and was awarded a gold disc.
    1931 - British skiffle musician Lonnie Donegan (d. 2002) birthday, born Anthony James Donegan in Scotland.  His biggest North American hit was 1961's "Does Your Chewing Gum Lose Its Flavor (On the Bedpost Over Night)."
    1933 - Birthday of guitarist Willie Nelson, Abbott, TX.  Musician, singer, songwriter, author, poet, actor, and activist.  The critical success of the album “Shotgun Willie” (1973), combined with the critical and commercial success of “Red Headed Stranger” (1975) and “Stardust” (1978), made Nelson one of the most recognized artists in country music. Nelson has acted in over 30 films, co-authored several books, and has been involved in activism for the use of biofuels and the legalization of marijuana.
    1934 - Guitarist Otis Rush (d. 2018) was born Philadelphia, MS.
    1941 - The Boston Bees agreed to rename the National League team the Braves, the name they used prior to 1935.
    1943 – Duane Allen of The Oak Ridge Boys was born in Lamar County, TX.
    1945 - The 522nd Field Artillery Battalion, part of the most decorated regiment in the history of the U.S. military (the 442nd regimental combat team), added another first to the history books. They liberated the remaining prisoners of the infamous Nazi death camp, Dachau. The 522nd was made up entirely of second-generation Japanese-Americans (Nisei).
    1946 – The International Military Tribunal for the Far East convenes in Tokyo and indicts former Prime Minister of Japan Hideki Tojo and 28 former Japanese leaders for war crimes on 55 separate counts encompassing the waging of aggressive war, murder and conventional war crimes committed against prisoners-of-war, civilian internees and the inhabitants of occupied territories. The defendants included former prime ministers, former foreign ministers and former military commanders. In the course of the proceedings, the court ruled that 45 of the counts, including all the murder charges, were either redundant or not authorized under the IMTFE Charter.  Two defendants died during the proceedings and one was ruled unfit to stand trial. Chief of the Navy General Staff Admiral Toyoda was acquitted. All remaining defendants were found guilty of at least one count. Sentences ranged from seven years' imprisonment to execution.  The tribunal was adjourned on November 12, 1948.
    1947 - Tommy James was born Thomas Gregory Jackson in Dayton, OH.  Musician, singer, songwriter, and record producer, widely known as leader of the 1960s rock band Tommy James and The Shondells.  Hits included “Hanky, Panky,” “I Think We’re Alone Now", “Mirage,” “Draggin’ The Line,” "Crimson and Clover," “Sweet Cherry Wine,“ and “Crystal Blue Persuasion.”  
    1947 – Golfer Johnny Miller was born in San Francisco.  He was one of the top players in the world during the mid-1970s. He was the first to shoot 63 in a major to win the 1973 US Open, and he ranked second in the world golf rankings in both 1974 and 1975 behind Jack Nicklaus. Miller won 25 PGA Tour events, including two majors, and was inducted into the World Golf Hall of Fame in 1998.  He was the lead golf analyst for NBC (1990-2019). He is also an active golf course architect. 
    1947 – Jim Ryun was born in Wichita, KS.  He won a silver medal in the 1500m at the 1968 Olympics and was the first high school athlete to run a mile in under four minutes. He is the last American to hold the world record in the mile run. Ryun later served in the House from 1996 to 2007, representing Kansas’ 2d district as a Republican. 
    1951 - Marguerite Higgins won the Pulitzer Prize for International Reporting and Journalism. Her book, “War in Korea,” became a best-seller.  Among the many newspaper articles she wrote were the first report of the German death camps at the end of World War II, which won the Pulitzer Prize for Journalism in 1951. She was the first American to enter the Dachau death camp on 04-29-1945, in advance of military troops. From her dispatch filed that day: "Tattered, emaciated men, weeping, yelling and shouting ‘Long Live America' (in about 16 languages) swept toward the gate in a mob. Those who could not walk limped or crawled... at least a thousand prisoners were killed the night before... the barracks like those at Buchenwald (which she had also entered early) had the stench of death and sickness... the starving and dying lay virtually on top of each other in quarters where 1,200 men occupied a space intended for the crematorium itself were hooks on which the S.S. men hung their victims when they wished to flog them or to use any of the other torture instruments... Many of the living were so frail it seemed impossible they could still be holding on to life." More women were killed by the Germans in the concentration camps than men - and women were subjected to rape and other sexual tortures as well. So many of the Nazi doctors seemed fascinated by women's reproductive abilities and performed unspeakable horrors on pregnant women. She died in Washington, D.C. on January 3, 1966 of a disease which she apparently contracted while in Vietnam. On September 14, 2002, a stamp was issued to commemorate her life.
    1951 - Top Hits
“If” - Perry Como
“Mockingbird Hill” - Patti Page
“Would I Love You” - Patti Page
“The Rhumba Boogie” - Hank Snow
    1952 - Birthday of Dale Earnhardt (d. 2001), stock car racer, Kannapolis, NC. He was one of NASCAR's most popular personalities, winning the Winston Cup seven times. He was killed while driving in the Daytona 500 at Daytona Beach. 
    1953 - "Coke Time with Eddie Fisher" began its TV and radio run on NBC-TV and Mutual radio. Fisher, a popular performer, was seen and heard on more TV and radio stations in 1954 than any other entertainer. Oh, my! (Papa)
    1954 - Ernest Borgnine made his network television debut in "Night Visitor" on "Ford Theatre" on NBC-TV. The versatile film ("Marty") star would later become a sitcom sensation in "McHale's Navy" with comedian Tim Conway on CBS and, later, as a helicopter owner in "Airwolf.",+Ernest
    1954 - Miles Davis Sextet records “Walkin'” (Prestige)
    1958 - Ted Williams becomes the tenth major league player to get 1,000 extra-base hits.
    1958 - "The Witch Doctor" goes to No.1 on Billboard's pop charts. The singer's voice was recorded at various speeds, mainly very fast. Songwriter and singer Ross Bagdasarian (who recorded under the name David Seville) topped the charts again at the end of the year with "The Chipmunk Song," sung by his dubbed voice at very fast speed, and this time the singers were: the Chipmunks.
    1959 - Top Hits
“Come Softly to Me” - The Fleetwoods
(“Now and Then There's”) ”A Fool Such as I” - Elvis Presley
“Guitar Boogie Shuffle” - The Virtues
“White Lightning” - George Jones
    1959 - UNIVAC, the electronic computer that was the size of a house, actually picked four out of six winners at Churchill Downs in Louisville, KY. The electronic brain set a record for right choices in horse races. Of course, the winners all paid 2-1 or even odds, so it didn't win much. But, most of us don't...
    1960 - Dick Clark told a House of Representatives investigating committee looking into the payola scandal that he, the host of "American Bandstand," never took payola for records featured on his daily TV show. Clark would, however, relinquish rights to music publishing that he owned. The value of those rights, Clark indicated 30 years later, amounted to about $80 million.
    1961 - “Spanning the globe ... to bring you the constant variety of sport, the constant variety of human competition, the thrill of victory and the agony of defeat. This is ABC's Wide World of Sports.” A Saturday afternoon sports program began its long run on ABC-TV. The show, featuring Jim McKay as host, along with Howard Cosell, Frank Gifford, Al Michaels, Jack Whitaker, Heywood Hale Broun and others, was not an immediate hit. Although Roone Arledge's vision of a worldwide window on televised sports got off to a slow start, "ABC's Wide World of Sports" became one of TV's most popular and enduring programs.
    1963 - Andrew Loog Oldham signed the Rolling Stones to a management contract. He had seen them perform the previous night at the Crawdaddy Club in Richmond, England.
    1967 - Top Hits
“Somethin' Stupid” - Nancy Sinatra & Frank Sinatra
“A Little Bit Me, A Little Bit You” - The Monkees
“Sweet Soul Music” - Arthur Conley
“Need You” - Sonny James
    1967 - Aretha Franklin's "Respect" is released.
    1967 - Cindy Birdsong makes her stage debut with The Supremes at The Hollywood Bowl, replacing the increasingly unreliable Florence Ballard.
    1967 - Muhammad Ai was stripped of his world heavyweight boxing championship when he refused to be inducted into military service. Said Ali, “I have searched my conscience, and I find I cannot be true to my belief in my religion by accepting such a call.” He had claimed exemption as a minister of the Black Muslim religion. Convicted of violating the Selective Service Act but the Supreme Court reversed this decision in 1971.
    1968 - "Hair" made its way from Greenwich Village to Broadway. The show certainly opened eyes. It was the first time that actors appeared nude in a Broadway musical. "Hair" ran for 1,844 shows on and off Broadway. It was even more successful in its London run later. Big songs from the show: "Hair" (The Cowsills) and "Aquarius/Let the Sunshine In" (The 5th Dimension).
    1969 - Sir Duke, Duke Ellington, celebrated his 70th birthday. He was honored with the presentation of the Presidential Medal of Freedom, the U.S. government's highest civilian honor.
    1971 - Bill Graham declared his intention to close down the East and West Coast versions of his "rock ballroom," The Fillmore.
    1972 - A Detroit, Michigan band called Gallery enters the Billboard Hot 100 with "Nice To Be With You," which will rise to #4 during its 13 week run. They will follow with two more Top 20 hits, "I Believe In Music" (#22) and "Big City Miss Ruth Ann" (#23) over the next eight months.
    1973 - More than 15,000 people attending a Rock concert by Elvin Bishop, Canned Heat, Buddy Miles and Fleetwood Mac are routed from a baseball stadium in Stockton, California, by police firing tear-gas canisters. More than 80 people, including 28 police officers, are hurt and fifty arrests are made.
    1973 - The Mississippi River reached a crest of 43.4 feet, breaking the previous record of 42 feet established in 1785.
    1974 - Phil Donahue's TV show was on the move. "Donahue" was moving to Chicago, IL, where it would remain until 1985. The show was originally based in Dayton, OH. Following more than a decade in the Windy City, the show again moved, this time to New York City. During its stay in Chicago, "Donahue" earned nine Emmy Awards.
    1974 – President Nixon announces the release of edited transcripts of White House tape recordings relating to the Watergate scandal. After a series of court battles, the Supreme Court unanimously ruled that the president was obligated to release the tapes to government investigators. The tapes revealed that Nixon had attempted to cover up activities that took place after the break-in, and to use federal officials to deflect the investigation.  Nixon resigned the presidency on August 9, 1974, preventing the House from impeaching him.
    1975 - Operation Frequent Wind, the largest helicopter evacuation on record, begins removing the last Americans from Saigon.
    1975 - Top Hits
(“Hey Won't You Play”) “Another Somebody Done Somebody Wrong Song” - B.J. Thomas
“He Don't Love You” (“Like I Love You”) - Tony Orlando & Dawn
“Supernatural Thing” - Ben E. King
“Blanket on the Ground” - Billie Jo Spears
    1976 - After performing a show in Memphis, Bruce Springsteen caught a cab to Elvis Presley's mansion, Graceland, and when he was turned away at the gates, being a Jersey guy, he scaled a wall in an attempt to meet the icon. Elvis isn't home, however, and Bruce was escorted off the property without incident.
    1979 - Van Halen's "Dance The Night Away" single is released
    1980 - Black Sabbath began their first tour with vocalist Ronnie James Dio, who had replaced Ozzy Osbourne.
    1981 - Steve Carlton, the Philadelphia Phillies pitcher, became the first left hander in the Majors to get 3,000 career strikeouts. He fanned Montreal Expos' Tim Wallach in the first inning of a game that saw the Phillies beat the Expos 6-2. Carlton was only the sixth Major Leaguer to strike out 3,000 batters. He finished with 4,136.
    1983 - Top Hits
“Come on Eileen” - Dexys Midnight Runners
“Beat It” - Michael Jackson
“Der Kommissar” - After the Fire
“American Made” - The Oak Ridge Boys
    1985 - “Challenger” was launched from Kennedy Space Center, Florida, piloted by the first African-American to enter outer space, Col. Frederick Gregory, who became a veteran of three space missions, logging in 455 hours. This flight had a crew of seven and a full animal menagerie of monkeys and other animals to learn about the effects of space. After 111 orbits of Earth, Challenger landed on May 6, 1985, at Edwards Air Force Base, Ca.
    1985 - George Steinbrenner, owner of the New York Yankees, fired manager Yogi Berra. Berra was canned after only 16 games into the young baseball season. In his place, Steinbrenner brought Billy Martin back ... for the fourth time.  Berra was named Yankee manager before the 1984 season. Berra agreed to stay in the job for 1985 after receiving assurances that he would not be terminated, but the impatient Steinbrenner reneged.  Moreover, instead of firing him personally, Steinbrenner dispatched Clyde King to deliver the news for him.  The incident caused a rift between Berra and Steinbrenner that was not mended for almost 15 years, when sportscaster Suzyn Waldman brought them together at the Yogi Berra Museum and Learning Center on the campus of Montclair State University in NJ.
    1986 - Roger Clemens of the Boston Red Sox set a Major League Baseball record by striking out 20 Seattle Mariner batters on the way to a 3-1 win. This record for the Red Sox hurler surpassed the 19 strikeouts for a nine-inning game held by Nolan Ryan when he pitched for the California Angels. Tom Seaver of the New York Mets and Steve Carlton of the St. Louis Cardinals also held a piece of the previous 19-KO record.
    1987 - A storm off the southeast coast of Massachusetts blanketed southern New England with heavy snow. Totals of three inches at Boston, 11 inches at Milton, MA, and 17 inches at Worcester, MA, were records for so late in the season. Princeton, MA was buried under 25 inches of snow.
    1988 - Top Hits
“Wishing Well” - Terence Trent D Arby
“Anything For You” - Gloria Estefan
“Angel” - Aerosmith
“Where Do Broken Hearts Go” - Whitney Houston
“Pink Cadillac” - Natalie Cole
    1988 - The 1988 Baltimore Orioles finally won a game after losing the first 21 games of the season. They beat the Chicago White Sox, 9-0, on a combined four-hitter by pitchers Mark Williamson and Dave Schmidt. The Orioles' streak, lasting from April 4 to 28, set an American League record but fell two losses short of the National League mark.
    1988 - Thunderstorms produced large hail and damaging winds throughout central Texas with baseball size hail reported at Nixon, Texas and wind gusts to 70 mph recorded at Cotulla, Texas. In contrast, a late winter storm dropped up to a foot of snow over northern West Virginia and western Maryland.
    1989 - Porter Wagoner joined Dolly Parton on stage for the first time since Parton split with her mentor in 1976. The duet sold out four shows at Parton's Dollywood theme park in Pigeon Forge, Tennessee. 
    1990 - A storm system crossing northern New Mexico blanketed parts of the Rocky Mountain Region and the Northern High Plains with heavy snow, and produced blizzard conditions in central Montana. Much of southern Colorado was buried under one to three feet of snow. Pueblo tied an April record with 16.8 inches of snow in 24 hours. Strong canyon winds in New Mexico, enhanced by local showers, gusted to 65 mph at Albuquerque. Afternoon temperatures across the Great Plains Region ranged from the 20s in North Dakota to 107 degrees at Laredo, TX
    1990 - The TV movie “Summer Dreams: The Story of the Beach Boys” airs on ABC. 
    1991 - Top Hits
“Baby Baby” - Amy Grant
“Joyride” - Roxette
“I Like the Way” (“The Kissing Game”) - Hi-Five
“Down Home” – Alabama
    1992 - A jury in Simi Valley, CA, failed to convict four Los Angeles police officers accused in the videotaped beating of Rodney King, providing the spark that set off rioting, looting and burning at South Central Los Angeles, CA, and other areas across the country. The anger unleashed during and after the violence was attributed to widespread racism, lack of job opportunities and the resulting hopelessness of inner-city poverty.
    1992 - State Farm Insurance was ordered to pay $157 million to hundreds of California women who were not offered or given jobs as State Farm agents because of their gender. It was the largest sex-discrimination settlement in US history to that time. The settlement was shared by more than 814 women. The case that began in June, 1979 when Muriel Kraszewski sued because she was turned down repeatedly for agent jobs at State Farm offices in southern California because she was a woman. As a result of the suit, the ratio of women agents with State Farm has increased from less than 1% in 1979 to more than 50% today. Women make up more than 50% of the population.
    1995 - Severe thunderstorms moved across Tarrant County in Texas. Hail up to 3.5 inches in diameter did an enormous amount of damage. 100 aircraft were damaged at DFW airport. Damages in the county totaled $220 million. This was the second major hailstorm to hit the area in a month.
    1996 – Mets lefty John Franco becomes the first left-hander in Major League history to record 300 saves, exactly 12 years after he gained his first save with the Cincinnati Reds.  He ended his career with 1,119 games pitched - the second highest total ever, and 424 saves, placing him third on the all-time list, and first among left-handers.
    1997 - The US House of Representatives voted to bestow Congress's highest civilian award, the Congressional Gold Medal, on Frank Sinatra. In 1985, President Ronald Reagan had presented the singer with the Medal of Freedom, the highest civilian award in the US.
    1997 - Craig MacIavish, the last player to go without a helmet, retired from the National Hockey League. The NHL mandated helmets at the start of the 1979-80 season but allowed players then active to refrain by signing a waiver absolving the league of responsibility in case of head injury. MacIavish was the last remaining player of those who signed the waiver. He retired from the St. Louis Blues after a 16-year career during which he scored 213 goals. Despite his personal choice, he admitted, “Certainly, it's very dangerous out there without a helmet.”
    1998 - Top Hits
“Too Close” - Next
“You’re Still The One” - Shania Twain
“Let’s Ride” - Montell Jordan Feat. Master P
“All My Life” - K-Ci
    2004 – Dick Cheney and George W. Bush testified before the 9/11 Commission in a closed, unrecorded hearing in the Oval Office.
    2007 - Nancy Sinatra made a rare TV appearance in an episode of The Sopranos where she sang "Bossman" to a small gathering of the main characters.
    2013 - Prosecutors for Boston Marathon bomber and Islamic terrorist Dzhokar Tsarnaev discuss a plea deal to avoid the death penalty in exchange for life in prison without parole.  The bombings killed three people and injured approximately 280 others.  The trial began on January 5, 2015; Tsarnaev pleaded not guilty to all thirty charges against him.  On April 8, 2015, Tsarnaev was found guilty on all thirty counts of the indictment. The charges of usage of a weapon of mass destruction resulting in death, in addition to aiding and abetting, made Tsarnaev eligible for the death penalty.  On May 15, 2015, the jury recommended that Tsarnaev be sentenced to death by lethal injection on six of 17 capital counts.  He awaits appeal in the US Penitentiary, Terre Haute, IN, where male death row inmates are normally held.
    2015 – A birdlike dinosaur, Yiqi, was discovered in China.  The fossils suggest that it lived about 160 million years ago and had membranous bat-like wings that had not been seen in other dinosaur species.
    2015 – The Orioles won a game in eerie silence, defeating the White Sox, 8-2 at Camden Yards.  No fans were present due to the persistent rioting in Baltimore that demanded security personnel there instead of at the ballpark.



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