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About the Company : CG Commercial Funding is a rapidly growing industry leader in middle/large ticket lease finance. |
Thursday, April 14, 2005
Headlines---
Classified Ads---Sales Manager
Pictures from the Past—1996—New CLP's
Archives—April 14, 2004—Kissler Leaves Balboa Capital
Cartoon----
Real Estate Bubble Is Real, Say 46% of U.S. Lenders
Bank M&A Activity Hits a Wall(perhaps except Texas)
Weekly Bulletin Board Complaint Report
Classified Ads---Help Wanted
Leasing Partners Capital
Experian-Scorex Launches UK
News Briefs---
Sports Briefs---
"Gimme that Wine"
This Day in American History
Tax Poem
######## surrounding the article denotes it is a “press release”
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Classified Ads---Sales Manager
Atlanta, GA
30 years in transportation Finance with strong management/ sales background. Represented company on national & region markets. Started two successful operations- produce profits and growth.
Email: pml@mindspring.com
Chicago, IL.
Successful sales manager has 15 years experience with captives and independents. Expertise in re-energizing existing sales teams and territories, also building teams from scratch. True Team Leader looking for new challenge. email: Murph5553@aol.com
Chicago, IL
Senior sales manager seeks Chicago based sales management role with growing, creative, customer focused lessor. Extensive experience/documented results in all aspects of information technology leasing.
Email: belanger@dataflo.net
Dallas/Fort Worth, TX.
Domestic-int'l exp. Small to middle ticket. 24 yrs with Fortune 500 firms(2). Consistently achieves margin/ volume goals.
Email: dptr7300@sbcglobal.net
New York, NY
I have over 25 years owning an independent leasing company that specialized in truck leasing. Tow trucks, Limos, ambulances, tractors, etc..
Email: rfleisher@rsrcapital.com
Pennsauken, NJ.
17 Years Leasing in all capacities from CSR and Collections to National Sales Management and Vice President Vendor Development. Exceptional People Skills. Many industry references.
email: cherfurth1@aol.com
Portland, OR.
18+ yrs w/bank leasing company. Supervised 14- 20 sales people. Willing to relocate for the proper position.
Email: pthygeson@netscape.net
Full list of all “job wanted” ads at:
http://216.66.242.252/AL/LeasingNews/JobPostings.htm
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Pictures from the Past—1996—New CLP's
Certified Leasing Professional Education Chair Robert Teichman, CLP (top) presented the newest Certified Lease Professionals at the Spring Education Conference in New Orleans. There are (l to r) Mark Henke, CLP, Bernard Boettingheimer, CLP, Adrian Hebig, CLP, Jim Lahti, CLP, Peter Strommel, CLP, and Jim McCommon, CLP.
June/July 1996 United Association of Equipment Leasing Newsline
For more information about the CLP program, please go to:
http://www.clpfoundation.org/
or contact Cindy Spurdle, Executive Director
cindy@clpfoundation.org
1-610-687-0213
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Archives—April 14,2004—Kissler Leaves Balboa Capital
“Brad Kissler has left his position as Vice-President Sales, Balboa Capital, a position he has held for almost four years, to form Strade Capital Corporation in Irvine, California”
September,2002 biography from Leasing News Archives:
“I entered the leasing industry in March 1994 with Balboa Capital Corporation, having graduated from Cal State, Fullerton with a BA in Communications. After establishing myself as an Account Executive and taking Salesperson of the Year twice, I was granted the opportunity to transition into management.
“My first assignment in this new role was to take the helm at our Phoenix office, at that time our lowest producing branch. By the end of the first year, Arizona was at 100% of quota. After the second it was Balboa's highest producing sales office, resulting in two consecutive Manager of the Year titles.
“My career continued on this path with opportunities to head in turn the San Francisco and New York offices, each of which experienced a spike in production. The culmination of my management career has been my current tenure as Balboa's Vice President, Sales, a position I have held for the past two years.”
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Real Estate Bubble Is Real, Say 46% of U.S. Lenders
US Banker Weekly Bulletin
Nearly half of lenders nationwide believe there is a real estate bubble, according to the results of this quarter's Phoenix Management lending-climate survey. Some 46 percent of the 122 commercial lenders who completed the survey say there is a significant overvaluation in the real estate market.
"Belief in the existence of a real estate bubble appears to be gaining some momentum,” said E. Talbot Briddell, managing director of Phoenix Management Services. “More lenders believe the real estate market is significantly overvalued than did so the last time we asked about it. What is less clear to lenders, though, is how damaging a real estate bubble is to the health of the U.S. economy. When we asked the group who thought a bubble existed how worried they were about it, 91 percent said they were only mildly concerned about its impact on the economy.” Some 39 percent of lenders said they did not believe a real estate bubble existed, while15 percent said they were unsure.
Lenders were split 60:40 on the likelihood the economy would slip back into a recession this year, with 60 percent saying it was “not at all likely,” while 39 percent said it was “somewhat likely.” When asked which single issue concerned them most in its ability to undermine the economy, 40 percent named the budget deficit.
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Bank M&A Activity Hits a Wall (perhaps except in Texas)
by Laura Thompson, American Banker
Many fewer bank mergers and acquisitions were recorded in the first quarter of 2005 than in last year's first quarter, and the deals that were made have been smaller and involved fewer assets.
Lower bank stock prices and high interest rates contributed to the generally cool market for deals, requiring banks to issue more stock to complete a merger or acquisition.
Lower demand for stock has created a situation in which most deals are pricier than buyers can afford, so most of the deals completed in 2005 so far have been between small banks that can afford to set low prices. However, depressed stock and higher interest rates cannot entirely account for the extreme drop-off in activity; many experts believe that banks have been less able to focus on mergers and acquisitions because of the demands of complying with Section 404 of the Sarbanes-Oxley Act, which requires all public companies to document the internal controls over their accounting processes.
The first-quarter financial reports of 2005 mark the first deadline for most companies' compliance with Sarbanes-Oxley, and the documentation processes are often costly and time-consuming, leaving few resources left over to devote to mergers.
If Sarbanes-Oxley is a major reason behind the falloff in deals for 2005 so far, then it is likely that deals will pick up again throughout the rest of the year. If, however, mergers and acquisitions remain on the pace set through the first quarter, 2005 will show the fewest deals of any year in the last decade.
( An exception to this report may be activity in Texas where many banks have been moving national offices or acquiring local banks, particularly regional banks are reportedly getting four times their market value of yesterday. One of the reasons Silvermark Capital, a division of Sterling Bank in Houston, reportedly got out ( or is in the process of closing down) its leasing division is to become more attractive in current assets in the market place, plus increase immediate earnings. editor )
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Weekly Bulletin Board Complaint Report
We have five new ones this period. Two are for a company we have received complaints for years, but they have satisfied every one of them to date. They state they have many salesmen who make “promises.”
The third is the seventh complaint for this company, already on our Complaint Bulletin Board. We may post this one, but it does not appear to be of any value as they continue to stay in business by not returning “advance rentals.”
The fourth complaint is perhaps two or more about a new company, created by salesmen who had worked for the “third complaint,” the one where we have seven complaints. It looks like they are headed in the same direction in their new company.
The fifth is new, sent in by a leasing company who's customer deposit was not returned from a very small lease to a leasing broker.
The purpose of these reports,( which are not weekly, but that was our intention, so we are stuck with the title,) is to hopefully let the ones who are keeping the advance rental or deposit know that we are serious in publishing the complaints about their company.
It was decided almost five years ago when we started this process that the leverage we had was not publishing the complaint. We do know many banks and funding sources read Leasing News just to see who appears on our complaint bulletin board. We know from those named, and law suits about this, allowing the complaint to be posted has an influence on their ability to obtain financing for new leases they want to broker.
At one time we were going to print the complaint, even if not settled.
One thing we found out early was that as part of the settlements, the applicant agreed to withdraw the complaint or not pursue it. Sometimes it was a legal agreement, and other times, an informal written agreement. Our goal was not to publish their names, but to help the person with the complaint “settle” the issue, hopefully by getting all, or a good part, of their money returned.
#1—“They told me to send the letter requesting my money back and then told me I will receive it in ten days and I never got it and then they sent me the #7 paragraph.”
The documents are signed February 14, 2005. A copy of a check from the Colorado applicant for $8,032.34 is dated March 8, 2005. It looks like “paragraph 7” was sent on April 8 th , which is a “catch all” phrase. We have asked the leasing company to “look into this” and let us know what the status of the transaction is.
#2 –Same leasing company as #1,this one from a Buffalo, New York applicant with a contract dated June 21,2004 and a copy of a check dated June 24,2004 for $8,270.66.
“In June of 2004, our Business Development Manager, *******, contacted ******** from **********. (Our company) was interested in financing for two used buses along with fleet maintenance software. The total financing package totaled approximately $89,000.00.
“We received a ******* proposal on June 18th. This was signed and returned to ******on June 21st, along with a deposit check in the amount of $8,270.66 made payable to ********.
“*********** was able to secure financing with ******** for the fleet maintenance software, using $869.74 of our deposit. They were never able to obtain financing for the two used vehicles.
“Over the following months, ( Our company) had contacted ********* regarding the return of our remaining deposit totaling $7,400.92. Getting no response, he was directed to ******* and finally *********. As of this date, we have not received our refund or a return telephone call from these gentlemen. “ We do not believe the people mentioned are any longer at the company, and have started their own enterprise.
#3 This is from a Southern California applicant to a company that this is the seventh complaint we have received. Two were posted. The contract was signed March 8, 2005. The deposit was made by “wire” to the leasing company bank, dated March 8, 2004 for $2298.00.
The applicant was declined and a March 18 letter from the leasing company confirms this, but stating if additional collateral was provided, they would re-consider the application.
“I got burned by ******** as many others have in this forum. They stole $2298 from me and my company. Do I have any recourse on this company? “ a email dated March 29 th asked. Since then we have called many times by telephone, and also by e-mail ( the fax doesn't work) and once the president responded, but we have not heard anything from him since. The Better Business Bureau report rates the company a “D.” They are an “F” to us. If we do not hear from the president by next week, look for the complaint to be posted here.
#4 This complaint is about a company started by former salesmen of company #3 above:
“I recently came across a company called ********* located in ************* that is sending master lease documents to customers and collecting advance payments based on specific terms. When the actual lease schedules are sent out to the lessee the payments have increased dramatically and the advances are then referred to as "security deposits". This appears to be another company using the old "bait and switch" methods.
“I spoke to ******** at ( another leasing company) and he recently had the same experience with one of his lessee's, again with *********. In both cases the lessee was very upset and is having difficulty getting their money back. I'm again concerned that these tactics are hurting our industry and would like to know if other people have had the same issues with this company.
“Is there any advice you can give me to pass along to my customer that would help them to not only expose this company but also help them to get their money back? Please let me know.”
We advised that the lessee send us an e-mail or letter outlining the problem, plus fax to us a copy of all the documents they signed, plus a copy of the front and back side of the check.
#5 This was sent in by another leasing company:
“One of our customers ******** started the lease process with **********, including giving them a commitment fee in the amount of $2,945.52. The lease did not finalize and now the customer cannot get their money back.”
The terms are interesting for this $66,937.50 lease: 48 months with a .0395 lease factor with a 20% purchase option. The original commitment letter was for a 60 months lease with a .0208 factor with $1.00 buy out. Now that is some “bait and switch” deal.
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Classified Ads---Help Wanted
Account Representatives & Sales Coaches
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Asset Management
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About the Company: Advantage Funding is a leading commercial and consumer vehicle and equipment financing and leasing company, Long Island City, NY. |
Collection Attorney
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Spiwak & Iezza, LLP, Westlake Village, Ca. is an extremely aggressive collection law firm that believes in taking action against debtors quickly and pushing through to final resolution without delay. |
Finance Administrator
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Meridian Finance Group provides credit, insurance, and financial services that help U.S. exporters to increase their international sales. |
Marketing Officer
 Marketing Officer, generate/maintain relationships w/equip. leasing companies nationwide. Heavy phone/moderate travel. Ability to read/understand FS/tax returns required. Indirect marketing exp. necessary plus computer skills. Bachelor's degree. Email resume to sgreen@bankofthewest.com Website: www.bankofthewest.com Bank of the West and its subsidiaries are equal opportunity/affirmative action employers. It is our policy to recruit, advertise, employ, promote, transfer, discipline, and discharge without regard to race, religion, color, national origin, ancestry, age, physical or mental disability, medical condition, veteran status, sexual orientation, sex, marital status, or any other protected status. |
Middle Market Sales Representative
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About the Company: A rapidly expanding Middle Market Leasing / Finance Company located in CT. Equilease Financial Services, Inc |
Sales / Sales Representative
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About the Company : CG Commercial Funding is a rapidly growing industry leader in middle/large ticket lease finance. |
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RCA is a privately held nationwide equipment leasing and finance company. Its primary focus is in the printing, packaging, corrugated and label industries. RCA is seeking to diversify and expand its customer base through industries such as transportation, machine tools, plastics, medical, etc. |
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Madison Capital, a Baltimore based equipment and vehicle leasing company for 30 years is a national provider of direct financing services for both vendors and lessees. www.madisoncapital.com |
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About the Company: ACC (ACC Capital Corporation) is a diversified middle-market financial services company that specializes in structuring, origination, servicing and syndication of a broad array of lease products. |
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#### Press Release #####################
Leasing Partners Capital Inc. expands, names Director of Vendor Development and Credit Manager to meet increased market demand.
WAYNE, NJ., – Leasing Partners Capital Inc., a leading equipment and technology leasing company today announced an increased focus on Vendor Program Development.
Robert T. Mayer has been named Director of Vendor Development at the firms Wayne, New Jersey Headquarters location. Mayer, an MBA with 23 years of Marketing and Sales leadership experience with fortune 100 companies spent the last 5 years managing vendor/dealer programs for AT&T. “Our Vendors demand a professional approach with their marketing and sales organizations to integrate our lease financing offers with their products,” Says Duane E. Rouba, Managing Partner, Leasing Partners Capital Inc.
Rouba goes on to say “Our goal is to ensure that our vendors continue to experience the levels of service, responsiveness, and creativity that have resulted in our success and growth over the past 22 years”
Debbie A. Brannen has been promoted to Credit Manager also at the company's New Jersey headquarters location. Brannen a 26 year veteran of the Finance industry has held leadership positions with Prudential Finance, and at Leasing Partners Capital in the Funding, Sales, and Vendor Program areas. “I'm pleased to see Deb move into this key position with Leasing Partners Capital Inc., we've seen a 37% increase in volume, just in the past 30 days.” Says Rouba.
About Leasing Partners Capital Inc.
Leasing Partners Capital Inc. is a leading equipment and technology leasing company based in Northern New Jersey. The company operates 21 field offices throughout the United States.
Leasing Partners Capital has been offering financial and operating lease products to businesses and vendors in the Commercial, and Government Market sectors for more than 20 years.
The firm is known as a leader in the vendor leasing program arena as a result of excellent marketing execution, outstanding responsiveness and client service levels.
Contact:
Robert T. Mayer
Director, Vendor Development
Leasing Partners Capital Inc.
1211 Hamburg Turnpike – Suite 306
Wayne, NJ 07470
800-848-7210
973-709-9286 fax
rmayer@leasingpartnerscapital.com
www.leasingpartnerscapital.com
[headlines]
### Press Release #######################
To order call +44 (0) 20 7779 8999 or toll free in the US +1 800 437 9997 to receive your 10% discount. You can also order on line at |
Experian-Scorex Launches Strategic Collections and Debt Recovery Solution in the United Kingdom
COSTA MESA, Calif., / -- Experian-Scorex, the decision solutions business of global information solutions company Experian(R), has launched Collect SM, a new collections and debt recovery solution in the United Kingdom. Collect SM allows financial service organizations to adopt a more strategic and analytical approach to their customer service, collections and debt recovery processes.
As part of the Strategy Management suite of solutions in the U.S., and used by more than 600 clients in over 60 countries, Collect SM provides a flexible and automated infrastructure supporting the complete collection process, from pre-delinquency to late collections and write-offs. The organization is able to process its collection cases on a day-to-day basis, supported by sophisticated decisioning that ensures that the actions taken are the most appropriate depending on the customer's circumstances.
Commenting at the launch of Collect SM, Liam Hand, director of Credit Operations, Bank of Ireland, said: "The effectiveness of the collection function within a financial organization can make a significant impact to its overall profitability. It's important to be able to understand the reasons why a customer is in trouble and then react accordingly. If you are able to make the collections function strategically effective, operationally efficient and customer orientated, you will add significant value, both in terms of profit and customer service."
Walt Ramsey, president, Experian-Scorex North America, added: "A variety of pressures, such as market forces, legislation and competition, are forcing change within the collection function, and the processes to collect debts are becoming increasingly sophisticated while adapting to that change. Collect SM uses tried and tested decisioning and workflow technologies to great effect and will enable organizations to meet these new challenges.
"Organizations need to deploy advanced methods to ensure their collection departments maximize their performance. By understanding the objectives for the different stages of collections and adopting a strategic approach, an organization can expect to reduce both losses and costs while improving overall customer service."
This press release can be downloaded from
http://www.experian-scorex.com or http://press.experian.com.
About Experian-Scorex
Experian-Scorex is a global leader of decision support solutions, delivering billions of customer decisions annually for clients in more than 60 countries. By integrating predictive analytics, decision support technologies and strategy optimization, Experian-Scorex provides solutions that enrich customer data and allow organizations around the world to proactively manage their relationships with their clients. Used across the entire customer life cycle, Experian-Scorex' solutions enable organizations to manage and control credit risk and fraud, reduce operational costs and increase overall profitability. Experian-Scorex works closely with clients across diverse industries, including financial services, telecommunications, retail, leasing, automotive insurance and utilities.
As part of the global Experian(R) organization, Experian-Scorex maintains connectivity with over 70 credit bureaus worldwide and, with 30 offices around the world, it is uniquely qualified to support local, national, regional and global businesses.
Its global headquarters are in Nottingham, UK, Monaco, and Costa Mesa, CA, USA. For more information, visit the company's website on
www.experian-scorex.com
Experian-Scorex is an Experian company. Experian's 12,000 people support clients in more than 60 countries and annual sales exceed $2.5 billion. For more information, visit the company's website on www.experian.com
Contact: Roslyn Whitehurst
Experian Public Relations
714 830 5578
roslyn.whitehurst@experian.com
### Press Release#######################
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|
News Briefs---
Indian call centre staff in $350,000 Citibank theft
http://www.silicon.com/research/specialreports/offshoring/
0,3800003026,39129426,00.htm
Telecom IT Spending To Exceed $30 Billion in 2005, Says Insight Research
http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=
news_view&newsId=20050411005887&newsLang=en
Apple's earnings soaring
Wildly popular iPods boost profit and sales of Macintoshes
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/
2005/04/14/APPLE.TMP&type=tech
Crude futures fall more than $1 a barrel on rising U.S. supply
http://www.signonsandiego.com/news/business/20050413-1138-oilprices.html
Auto leasing is making a big comeback with consumers
http://www.stltoday.com/stltoday/business/stories.nsf/story/
82967D6299D4915486256FE1000D6BE0?OpenDocument
Airplanes likely to remain packed through summer
http://www.usatoday.com/money/biztravel/2005-04-13-full-flights_x.htm
Feds Spike Anheuser-Busch's Complaints
Drudge reports former GE head Jack Welch beating Jan Fonda in opening week book sales. Sources told Drudge “Winning the Ulimate Business” sold 39,412 copies to “My Life So Far” with 31,494.
Nadia says “Goodbye” on American Idol—“Say It Isn't So.”
http://www.realitynewsonline.com/cgi-bin/ae.pl?mode=1&article=
article5324.art&page=1
6 tips to help dawdlers deal with taxes
http://www.usatoday.com/money/perfi/taxes/2005-04-07-mym_x.htm
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Sports Briefs---
N.F.L. Releases Schedule and Makes a Show of It
http://www.nytimes.com/2005/04/14/sports/football/14nfl.html
Complete NFL Schedule
http://www.sportsnetwork.com/default.asp?c=nytimes&page=nfl/
stat/nfc-yearly.htm
Complete AFC Schedule
http://www.sportsnetwork.com/default.asp?c=nytimes&page=nfl/
stat/afc-yearly.htm
Niners not ready for prime time; Raiders get four night games
http://www.sfgate.com/cgi-bin/article.cgi?f=/chronicle/archive/
2005/04/13/SKEDS.TMP
49er schedule
http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/
2005/04/13/sports/s193406D83.DTL
Oakland Raider Schedule
http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/
2005/04/13/sports/s184956D77.DTL
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“Gimme that Wine”
The Hard Stuff Now Includes Wine
http://www.nytimes.com/2005/04/13/dining/13alcohol.html?hp
Bookwalter named Washington Winery of the Year
http://seattle.bizjournals.com/seattle/stories/2005/04/11/daily15.html
James Beard nods go to local food pros
http://sfgate.com/cgi-bin/article.cgi?file=/c/a/
2005/04/13/FDG55C64HQ1.DTL
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This Day in American History
1775- the first abolition organization was formed today as the Society for the Relief of Free Negroes Unlawfully Held in Bondage in Philadelphia, PA. The first president was John Baldwin.
1828- Noah Webster published his American Dictionary of the English Language. 22 years in preparation. It introduces "Americanisms" — 12,000 words never before in any dictionary.
1849- Isabella Stewart Gardner, art collector, began collecting art with her husband. Continued collecting after his death, designed the mansion to house it and then donated the finished museum which bears her name to the people of Boston in 1903. It houses one of the world's great collections of Dutch and Renaissance paintings. Her will specifies the collection remain exactly as she placed it. An absolutely fascinating place and this tourist loved it!
1865- President Abraham Lincoln was shot by John Wilkes Booth at Ford's Theater in Washington,D.C. He died the following morning. John Wilkes Booth, a well-known actor, was allowed upstairs at Ford's Theatre; giving him access to United States President Abraham Lincoln's private box as Lincoln watched "Our American Cousin". Just after 10 p.m., Booth, a Confederate sympathizer, shot Lincoln in the head, leaped to the stage below, and shouted, “Sic semper tyrannis!” Which means, "Thus always to tyrants!" the state motto of Virginia. In the fall, he broke his leg, but managed to escape the Washington, D.C. theatre, mount a horse, and flee to Virginia. Booth was tracked down and shot as he hid in a barn near Port Royal, Virginia. The next day, Lincoln died at 7:22 a.m.
http://memory.loc.gov/ammem/today/apr14.html
1865-The first National Bank to fail was First National Bank of Attica, New York, placed in receivership for injudicious banking and failure of large debtors.
1886 -an F4 tornado struck St. Cloud and Sauk Rapids, Minnesota. 61 people were killed an total damage was around $400,000. Over 200 homes were destroyed by this "spiral apparition".
1894 - In New York City, Thomas Edison demonstrated his kinetoscope. A viewer held 50 feet of film , about 13 seconds worth, that showed images of Annie Oakley and Buffalo Bill. The demonstration was called the first peep show, since you had to peep into the device to see the film. At that time, movies were not projected on a screen.
1897—Birthday of Horace McCoy, born Pegram Station, Tennessee, (some sources say Nashville) spent most of his adult life in Dallas, Texas. "Hard-boiled" American mystery writer and Hollywood scriptwriter. Contributor to "Black Mask" along with Raymond Chandler, James M. Cain, Dashiell Hammett, et al. His best known novel is the 1930s Depression drama They Shoot Horses, Don't They, filmed and directed by Sydney Pollack. Also wrote Kiss Tomorrow Goodbye; Corruption City.
http://www.tsha.utexas.edu/handbook/online/articles/view/MM/fmcbc.html
http://www.kirjasto.sci.fi/hmccoy.htm
1902 - J.C. (James Cash) Penney opened his first store -- in Kemmerer Wyoming. In partnership with Thomas M. Callahan and William Guy Johnson, Penney named the store "Golden Rule". The dry goods and clothing store had a first-year profit of $8,514.36 on sales of $28,898.11.
1910-. President William Howard Taft began a sports tradition by throwing out the first baseball of the season at an American League game between Washington and Philadelphia. Washington won 3-0.
1910- Dr. Elinor McGrath graduated from the Chicago Veterinary College to become the first woman veterinarian in the United States.
1912- RMS Titanic hits iceberg Just before midnight in the North Atlantic, the RMS Titanic fails to divert its course from an iceberg, ruptures its hull, and begins to sink. Twenty-one-year-old David Sarnoff picked up the Titanic's distress call on this day in 1912. Sarnoff, a telegraph operator running the world's most powerful radio telegraph station on top of Wannamaker's department store in New York, stayed at his post for seventy-two hours, receiving and transmitting information. Sarnoff went on to become a pioneer in radio and television broadcasting: He founded NBC in 1926, created an experimental television station for NBC in 1928, and eventually became president and chairman of RCA.
1912-famed band leader Les Brown born Reinerton, Pa.
1918- Lieutenant Douglas Campbell became the first American pilot to achieve the designation of ACE when he shot down his fifth German aircraft.
1925- The Cleveland Indians defeated the St. Louis Browns, 21-14, in their season opener. Cleveland scored 12 runs in the eight inning, thanks to five errors by the Browns.
1924 Shorty Rogers (Milton Rajonsky) Birthday
http://www.theiceberg.com/artist/25352/shorty_rogers/
http://www.spaceagepop.com/rogers.htm
http://www.vh1.com/artists/az/rogers_shorty/bio.jhtml
http://www.musicweb.uk.net/encyclopaedia/r/R129.HTM
(perhaps one of the best album covers was “Shorty Rogers Swings” with this girl in tight Capri pants, a first for its day.)
1925-birthday of tenor sax player Gene “Jug” Ammons, Chicago, Il.
http://www.thejazzfiles.com/JazzAmmons.htm
http://www.findagrave.com/cgi-bin/fg.cgi?page=gr&GRid=
6720676&pt=Gene%20'Jug'%20Ammons
http://www.amazon.com/exec/obidos/ASIN/B000000ZDD/
inktomi-musicasin-20/ref%3Dnosim/104-3995378-9027112
1928-Jack Teagarden cuts first solo, “She's a Great, Great Girl (Vi 21326)
1933- singer Buddy Knox was born in Happy, Texas. He was one of a number of southern country singers who broke into rock 'n' roll in the 1950's. "Party Doll" and "Hula Love" were his two big hits, both in 1957. Knox now makes his home in Dominion City, Manitoba, and still tours extensively. Like many rockabilly performers, he has a substantial following in Europe.
1935 - Babe Ruth played his first National League game in Fenway Park in Boston, Massachusetts. He was playing for the Boston Braves, not his old team the Red Sox, in this, his last year of pro ball in the major leagues. In this season, Ruth played 28 games, getting 13 hits and six home runs, before retiring.
1935 --A windstorm moves from the Dakotas into the southern plains, lifting powdery soil into a 1,000-foot-high cloud — a blizzard of black dust and muddy rain hundreds of miles wide. With winds of 60 miles per hour, the storm moves quickly, engulfing whole towns in total darkness by early afternoon. Motorists are stranded on highways; farmers can't find their way home; families cower in houses, watching the dust pack so thickly against windows it seems they are being entombed. In 1935 alone, the winds took an estimated 850 million tons of topsoil. By the time the drought ends in 1940, the Dust Bowl states lost one-third of their population.
http://www.usd.edu/anth/epa/dust.html
1939- "Grapes of Wrath" by John Steinbeck was published. He was considered very controversial by the people of Salinas and Monterey, actually moved to my home town of Los Gatos, due to all the people "giving me a hard time." Today he is very well regarded on the Monterey Peninsula and has become a tourist icon.
1941-Birthday of former baseball player Peter Edward “Pete” Rose, Cincinnati, Ohio.
1952---Top Hits
Wheel of Fortune - Kay Starr
Anytime - Eddie Fisher
Tell Me Why - The Four Aces
(When You Feel like You're in Love) Don't Just Stand There - Carl Smith
1955-The first Four Freshman album “Voices in Modern” released on Capitol.
1955-Fats Domino's "Ain't That A Shame" is released.
1955- Elston Howard, who will be named the American League's MVP in 1963, becomes the first black to play for the Yankees. The former Monarchs' catcher will appear in nine All-Star Games and 54 World Series games, compiling a .274 batting average during his 12-year playing career.
1956- the first video tape recorder for sounds and pictures was manufactured by Ampex Corporation, Redwood City, California, which could accommodate a 65-minute recording. The Columbia Broadcasting System purchased three of the video tape recorders at $75,000 each.
1960---Top Hits
The Theme from "A Summer Place" - Percy Faith
Greenfields - The Brothers Four
Mama - Connie Francis
He'll Have to Go - Jim Reeves
1960 - In New York City, the musical "Bye Bye Birdie" opened at the Martin Beck Theatre, starring Chita Rivera and Dick Van Dyke. It ran for 607 performances.
1962 - Elgin Baylor of the Los Angeles Lakers scored 61 points in the NBA Playoffs against the Boston Celtics.
1967- At Yankee Stadium, Billy Rohr, 21, is one out from pitching a no-hitter in his major league debut when Elston Howard singles on a 3-2 pitch ruining the rookie's shot at immortality. A heartbroken six year-old fan, John-John, sitting near the Red Sox dugout has to be consoled by his mother, Jackie Kennedy.
1968---Top Hits
Honey - Bobby Goldsboro
Young Girl - The Union Gap
Cry like a Baby - The Box Tops
You are My Treasure - Jack Greene
1968-De Vicenzo Signs Incorrect Card. After concluding the final round of the Masters with a magnificent 66, Argentinean Roberto de Vincenzo signed an incorrect scorecard that mistakenly recorded a par four on the 17 th hole instead of a birdie three. Under the rules of golf, de Vicenzo was penalized one stroke, and Bob Goolby declared the winner. Said de Vincenzo, “ What a stupid I am.”
1969 - At the Academy Awards ceremony, Best Actress winner Barbra Streisand shocked the viewing audience with her see-through, bell-bottomed Scaasi pajamas. Opinions about her revealing outfit were mixed, but Streisand then angered some Academy members when she left the Governors' Ball after the ceremony to host a party at her house. Streisand, who had tied for the award with Katharine Hepburn, won for her electrifying film debut performance as Fanny Brice in Funny Girl.
http://www.infoplease.com/ipa/A0149117.html
1969-The first major league baseball game played outside the US occurred as the Montréal Expos hosted the St. Louis Cardinals at Jarry Park. The Expos, an expansion team, won 8-7.
1970 - Milwaukee Buck basketball player Lew Alcindor was named NBA Rookie of the Year. Alcindor later changed his name to Kareem Abdul-Jabbar.
1975- Having already received two gold records for the albums, "The Captain and Me" and "What Once Were Vices Are Now Habits," the Doobie Brothers pick up their first gold single for their country flavored "Black Water."
1976---Top Hits
Disco Lady - Johnnie Taylor
Let Your Love Flow - Bellamy Brothers
Right Back Where We Started From - Maxine Nightingale
'Til I Can Make It on My Own - Tammy Wynette
1980 - Kramer vs. Norma, Apocalypse vs. Jazz. That's how the honors were divided at the 52nd Annual Academy Awards ceremony at the Dorothy Chandler Pavilion in Los Angeles. Johnny Carson was hosting quite a contest! But the Oscar for Best Actor in a Supporting Role went to Melvyn Douglas for his performance in "Being There". Was it going to be an upset? "Being There" was a long shot to win Best Picture and this was its first award all evening. "All That Jazz" had already won four of the golden statuettes and "Apocalypse Now", two. Next, it was Meryl Streep who picked up the Best Supporting Actress Oscar and Dustin Hoffman, Best Actor, for their roles in "Kramer vs. Kramer", making it a trio of Oscars for "Kramer", so far. Then "Norma Rae" picked up two awards: Best Music/Song, "It Goes like It Goes", David Shire (music), Norman Gimbel (lyrics) and Best Actress, Sally Field. But it was in the cards for "Kramer vs. Kramer" as it won for Best Director (Robert Benton), and then, Best Picture (Stanley R. Jaffe, producer). Going into the evening, "All That Jazz" and "Kramer vs. Kramer" each had nine Oscar nominations, "Apocalypse Now" had eight, and "Norma Rae", four.
1984---Top Hits
Footloose - Kenny Loggins
Against All Odds (Take a Look at Me Now) - Phil Collins
Hello - Lionel Richie
Thank God for the Radio - The Kendalls
1985 -record early season warmth occurred in the west. The temperature at Phoenix, Arizona reached 100 degrees which tied the record for the earliest in the season the mercury climbed to the 100 degree mark. The previous date was back in 1925 on this same day. At Lander, Wyoming, a high reading of 77 degrees was the warmest for so early in the spring season.
1985 - The once-notorious Lexington Hotel in Chicago, Illinois was visited by Geraldo Rivera and a camera crew. A record television audience watched as the long-sealed vault of racketeer, Al Capone was opened during an overly advertised television special. Geraldo found broken bottles and no hint that Capone and his gang had ever stashed anything there.
1986- the United States launches air strikes against Libya in retaliation for the Libyan sponsorship of terrorism against American troops and citizens. The raid, which began shortly before 7 p.m. EST (2 a.m., April 15 in Libya), involved more than 100 U.S. Air Force and Navy aircraft, and was over within an hour. Five military targets and “terrorism centers” were hit, including the headquarters of Libyan leader Muammar al-Qaddafi. During the 1970s and '80s, Qaddafi's government financed a wide variety of Muslim and anti-U.S. and anti-British terrorist groups worldwide, from Palestinian guerrillas and Philippine Muslim rebels to the Irish Republican Army. In response, the U.S. imposed sanctions against Libya, and relations between the two nations steadily deteriorated. In 1981, Libya fired at a U.S. aircraft that passed into the Gulf of Sidra, which Qaddafi had claimed in 1973 as Libyan territorial waters. That year, the U.S. uncovered evidence of Libyan-sponsored terrorist plots against the United States, including planned assassination attempts against U.S. officials and the bombing of a U.S. embassy-sponsored dance in Khartoum, Sudan. Today he has agreed to peace in the Middle East, perhaps due to the military action in Iraq.
1988 - A weather disturbance off the southern coast of California brought parts of southern California their first rain in six weeks. Rain- slickened roads resulted in numerous accidents in southern California, including a ten car pile-up at Riverside
1994---Top Hits
Bump N Grind- R. Kelly
The Sign- Ace Of Base
Without You/Never Forget You- Mariah Carey
Mmm Mmm Mmm Mmm- Crash Test Dummies
1999- In a 7-6 loss to the Blue Jays, Devil Ray Jose Canseco becomes the 28th player in major league history to hit 400 home runs.
1999---Top Hits
No Scrubs- TLC
Believe- Cher
What s It Gonna Be?!- Busta Rhymes Featuring Janet
Every Morning- Sugar Ray
2001- By scoring in their 175th consecutive game, the Reds set the modern National League record for not being shut out by an opponent. Ironically, to break the record, Cincinnati beats Al Leiter and the Mets, 1-0, the last team and pitcher to blank the franchise.
Stanley Cup Champions This Date
1928 New York Rangers
1931 Montereal Canadiens
1948 Toronto Maple Leafs
1955 Detroit Red Wings
1960 Montreal Canadiens
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The Tax Poem
Tax his land, tax his wage,
Tax his bed in which he lays.
Tax his tractor, tax his mule,
Teach him taxes is the rule.
Tax his cow, tax his goat,
Tax his pants, tax his coat.
Tax his ties, tax his shirts,
Tax his work, tax his dirt.
Tax his chew, tax his smoke,
Teach him taxes are no joke.
Tax his car, tax his grass,
Tax the roads he must pass.
Tax his food, tax his drink,
Tax him if he tries to think.
Tax his sodas, tax his beers,
If he cries, tax his tears.
Tax his bills, tax his gas,
Tax his notes, tax his cash.
Tax him good and let him know ,
That after taxes, he has no dough.
If he hollers, tax him more,
Tax him until he's good and sore.
Tax his coffin, tax his grave,
Tax the sod in which he lays.
Put these words upon his tomb,
"Taxes drove me to my doom!"
And when he's gone, we won't relax,
We'll still be after the inheritance tax.
- -Author unknown
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