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Leasing Operations Manager
San Antonio, Texas

Leadership role in building a team focused on credit, documentation and funding functions for a dynamic high growth business operating in both captive and non- captive lift truck markets.
Click here for full description.

Contact: Monet Pitts, HR Manager
Quality Controlled Material Handling Equipment Rent, Finance, or Lease up to 84 months, Maintenace, too.

Friday, August 22, 2014

Today's Equipment Leasing Headlines

1992--Pictures from the Past
     Jeff Rudin and Rick Wilbur
  Classified Ads---Credit
TimePayment Joins “Funders Looking for Broker Business”
   Raises Upper Limit to $100,000
New Hires---Promotions in the Leasing Industry
     Leasing Industry Ads---Help Wanted
Cartoon--- Jim Merrilees at the Internal Revenue Service
Case Gives New Meaning to a Businessman Getting
     Screwed by the IRS
         By Tom McCurnin, Leasing News Legal Editor
Cartoon---“I should have gone to Channel Partners”
26 banks remain under TARP
    SNL Financial Exclusive
Google Receives Millions of URL Takedown Requests Each Day
  by Dave Smith,
FDIC Announces Settlement with Bank of America
   Settlement of Claims Totals $1.03 Billion
A Master Builder/Calvary
Only Lovers Left Alive/Fading Gigolo/All That Jazz
    At the Theater/Amazon-Netflix by Fernando Croce
 Labrador Mix
  Salem, Massachusetts  Adopt-a-Dog
News Briefs--- 
ELFA Independent Equipment Finance Survey
 Existing Home Sales Reach Highest Level Since September
  Rate on 30-Year Mortgage Falls to Year's Low of 4.10%
   Feds forge $8 million settlement with ex-leaders of failed First Chicago Bank
    Bank of America may relocate HQ to Boston – Bove
     Croatia to Lease its Highways to Private Company
      Staples to close 140 stores this year, as many as 225 by 2015
       Gore Al Jazeera Lawsuit 'Mostly' Made Public
        Robin Williams cremated, ashes scattered in San Francisco Bay

Broker/Funder/Industry Lists | Features (writer'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---
   SparkPeople--Live Healthier and Longer
    Sports Briefs---
      California Nuts Brief---
       "Gimme that Wine"    
          This Day in American History
           Daily Puzzle
               Weather, USA or specific area
                 Traffic Live----

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1992--Pictures from the Past
Jeff Rudin and Rick Wilbur

1992--Two Top Golfers
Jeff Rudin, Rick Wilbur
Charter Equipment Leasing
(WAEL Newsletter)


Jeff Rudin
CEO & Co-Founder, Quail Equipment Leasing

Rick Wilbur
Managing Partner at Charter Capital



John Kenny 
Receivables Management

• End of Lease Negotiations & Enforcement
• Fraud Investigations
• Credit Investigations • Asset Searches 
• Skip-tracing • Third-party Commercial Collections | ph 315-866-1167|

(Leasing News provides this ad as a trade for investigations
and background information provided by John Kenny)


Classified Ads---Credit

(These ads are “free” to those seeking employment
or looking to improve their position)

Credit, syndication, workout experience
Exceptional work ethic, common sense coupled with practical experience in equipment finance, consumer, commercial. Can interact with all levels of borrowers and intermediaries. Not an originator – but can help sales team close – great up sell ability. Will relocate for the right opportunity AND can work

Orlando, Florida
As a Commercial Credit Analyst/Underwriter, I have evaluated transactions from sole proprietorships to listed companies, across a broad spectrum of industries, embracing a multitude of asset types. Sound understanding of balance sheet, income statement and cash flow dynamics which impact credit decisions. Strong appreciation for credit/asset risk.
407 430-3917

Free Posting for those seeking employment in Leasing:

All “free” categories “job wanted” ads:



Joins “Funders Looking for Broker Business”
Raises Upper Limit to $100,000

Timepayment Corp
(Subsidary Microfinancial)
Burlington, Massachusetts
Richard Latour, President and CEO
Daniel Barker
Broker Channel Manager
$500 to $100,000

A -Accepts Broker Business | B -Requires Broker be Licensed | C -Sub-Broker Program| D -"Private label Program" | E - Also "in house" salesmen

Full List: Funders Looking for New Broker Business




New Hires---Promotions in the Leasing Industry


Roger Beil was hired as Regional Sales Manager at Hitachi Capital America Corp.; based in Kansas City, Missouri.  Previously, he was Regional Sales Director, TruckOp, LLC. (May, 2013–March, 2014); District Sales Manager, Equify Financial, LLC (January, 2012–February, 2013); Territory Manager, Trans Lease, Inc. (May, 2011–January, 2012); District Sales Manager, TCF Equipment Finance (September, 2006–May, 2011); District Sales Manager, The CIT Group/Equipment Financing, Inc. (September, 2003–September, 2006); District Sales Manager, CitiCapital Commercial Corp. (f/k/a Associates Commercial Corp.) (June, 1998–September, 2003); Branch Credit Manager, Associates Commercial Corporation (June, 1994–June, 1998); Education: University of North Texas, Bachelor of Science (B.S.), Accounting and Finance.

Carolyn Berry was promoted to assistant vice president, lease administration at CSI Leasing, St. Louis, Missouri. "Previously lease administration training supervisor, Berry manages a team of lease administrators supporting customers in the east region. She has been with CSI for 17 years."

Ellen Blasi was been hired as Sales Manager for the Great Plains Region by Polar Leasing, Fort Wayne, Indiana, and will also be covering the territory of Wisconsin.  She remains owner of Green-Up Trees, moving tress up to 10" diameter, since 1987.  Previously, she was Sales and Marketing Manager, Cabinets by Graber (December, 2012–December, 2013); Sales, Summit/Zemco Manufacturing (November, 2011–December, 2012); Co Owner, ECS Energy Systems Inc. (January, 2008–November, 2011); Senior Sales Representative, MSC Industrial Supply (1998–2008).

Ed Concannon was promoted to assistant vice president, management information systems at CSI Leasing, St. Louis, Missouri. He joined the firm 2002 and his previous position was Senior Systems Administrator." (He) will continue his role in the implementation and support of domestic and international networks and servers, and support of the disaster recovery site."  Previously, he was Windows Administrator, Esse Health (1998-2002). Education: University of Missouri-Saint Louis, BS.

Jonathan Cummings was hired as Marketing and Sales Manager at Advance Capital Solutions, LLC dba ACS Factors, Upland, California.  Prior, he started at REV Finance Group, Inc., as Operations Manager, December, 2010, and was promoted to Business Development Manager, June, 2013. He started at UC Factors as an Accounts Executive, June, 2003, and then went into Accounts Payable, October, 2005, and in June, 2007, became Marketing & Sales Representative. Education: University of California, Riverside, Bachelor's Degree, Business Administration- Emphasis on Marketing & Finance
(2004–2009). Activities and Societies: Kappa Alpha Order, Soccer, Cars and Basketball. University of California, Riverside, Minor in Psychology, Psychology (2008–2009). Damien High School, Private (2000–2004). Activities and Societies: Bowling, Automotive, Basketball.

Kathy Delaney was promoted to assistant vice president, lease administration at CSI Leasing, St. Louis, Missouri. "Previously lease administration supervisor, Delaney manages a team of lease administrators supporting customers in the west region. She has been with CSI for 15 years."

Debra (Parness) Goldberg was hired Of Counsel at Moritt, Hock, & Hamroff LLP., Garden City, New York.  Previously, she was Partner, Blank Rome LLP., Manhattan, NY (May, 2012–December, 2012); Counsel, Dewey & LeBoeuf LLP. Manhattan, NY (October, 2007–May, 2012); Senior Counsel, Fulbright & Jaworski, Manhattan, NY (January, 2006–October, 2007). Publications: Perfecting Liens on U.S. Registered Aircraft, New York Law Journal; Secured Transactions Column, Co-author on publications in the NYLJ Secured Transactions Column including articles on UCC perfection and aircraft registration under the new FARs in 2010; Up in the Air?, Equipment Leasing Today,  Equipment Leasing and Finance Association (September, 2008);
Review and analysis of proposed changes to FAA registration and the Vessel Leasing Amendment to the Ship Mortgage Act, Perfecting Liens on U.S. Registered Aircraft, Uniform Commercial Code Law Journal (2010); Report on recent changes to FAA aircraft registration and review of perfection of liens under Cape Town Convention and FARs. Organizations: Equipment Leasing and Finance Association Legal Committee (2008-2011); Financial Services Regulation Subcommittee and Air, Rail and Marine Finance Subcommittee member since 2010, American Bar Association, Business Law Section : Commercial Finance Subcommittee, Aircraft Finance Subcommittee, Maritime Finance Subcommittee; Women's Business Law Association Certifications: New York Bar. Florida Bar. Education: Emory University Goizueta Business School, BBA, Finance with highest distinction (1980–1984). Activities and Societies: Beta Gamma Sigma. Boston University School of Law, Doctor of Law (JD). Activities and Societies: Kaufman National Securities Moot Court Team; Homer Albers Moot Court Competition Finalist

Valerie Hayes was promoted to assistant vice president, lease administration at CSI Leasing, St. Louis, Missouri. "Previously lease administration supervisor, Hayes manages a team of lease administrators supporting customers in the central region and Canada. She has been with CSI for 20 years."

Michael Hughes has been hired as Sales Representative for Polar Leasing, Fort Wayne, Indiana, for the states of Arizona, Colorado, Idaho, Montana, Nebraska, Nevada, New Mexico North Dakota, Oregon, South Dakota, Utah, Washington and Wyoming. "Mr. Hughes brings with him to Polar Leasing an extensive sales and customer service background with over 14 years of experience. He has worked directly within foodservice industry for the past two years and has broad knowledge of the manufacturing, distribution and sales of commercial food equipment." 

Anthony Jones was announced as Vice President at Grinnel State Bank, Colorado Springs, Colorado. Previously, he was Vice President of Finance, Government Leasing Company (2010-2014); Vice President, Loans & Compliance, Park State Bank & Trust (March, 2009–September, 2010); Business Area Financial Analyst, Harris Corporation (August, 2006–March, 2008); Financial Analyst, Lockheed Martin (2003–2005). Education: University of Iowa - Henry B. Tippie College of Business, BBA, Finance (1995–2000). Grinnell High School

Pete Kindig was promoted to assistant vice president, management information systems at CSI Leasing, St. Louis, Missouri." Previously senior systems administrator, Kindig will continue his role in the implementation and support of domestic and international networks and servers, and support of the disaster recovery site. He has been with CSI for 13 years."

Dennis Lacey was promoted to Chief Executive Office, RGS Energy, Louisville, Colorado. He previously served as president of RGS Energy's Residential Solar Division. “Prior to joining RGS Energy in April 2014, Lacey held a number of senior executive positions at Imperial Bancorp, acquired by Comerica. At Imperial Bancorp, he served as executive vice president and CFO, president of the SBA Division, and president of the Equipment Leasing Division. Before Imperial Bancorp, Lacey served as president and CEO of Capital Associates, a publicly traded equipment leasing company." Former Director, Guaranty National Corp. Education: BA, University Of West Florida.

Danny Lebovics was appointed President at Northstar Leasing Corporation, Toronto, Canada.  Previously, he was President MultiSource Capital Corporation (March, 2012–August, 2014); Senior Vice President, CIT (October, 2006–July, 2011); SVP & General Manager, Dell Financial Services Canada Limited (October, 2006–June,2011 ); President, CIBC Equipment Finance Limited (October, 2001–October, 2006); VP Syndications, CIT (February, 2001–June, 2003); VP & Senior Counsel, CIT (February, 1999–September, 2001); Director of Finance & Operations, Retail Finance Group, Newcourt Credit Group Inc. (April, 1997–January, 1999); General Counsel & Corporate Secretary, Microforum, Inc. (December, 1995–January, 1997); Associate, Goodman & Carr LLP (June, 1996–December, 1995); Audit Supervisor, Richter, Usher & Vineberg (September, 1985–August, 1989). Education: York University, Osgoode Hall Law School, LL.B. (1989–1992). McGill University, Accounting Program, Diploma in Public Accountancy (1985–1987). McGill University, B.Comm., Accounting; Management Information Systems (1982-1985).

Christina Manall was hired as Account Manager at Navitas Lease Corp., Cherry Hill, New Jersey. Previously, she was Regional Account Manager Creekridge Capital (November 2012–August 14); Business Development Manager, Marlin Leasing (September, 2010–November, 2012); Sales Manager, AT&T Mobility (August, 2006 – September, 2010). 

Carol Pace, PMP, was hired as Associate Sales Executive, Firestone Financial, Needham, Massachusetts.  Previously, she was Program Manager - Adobe Financial Services, SG Equipment Finance (October, 2008 – October, 2012); Relationship Manager - Project Manager, Siemens Financial Services (2004 – 2008); Vice President Alternate Channels, KMC Telecom (April, 1999 – October, 2002); Vice President of Business Development, Charter Financial Services (March, 1998 – September, 1999); Segment Manager, AT&T Capital
(February, 1996 – March, 1998); Area Manager, AT&T Credit (1989 – 1998). Honors & Awards: 150% Club, Société Générale Equipment Finance (March, 2012); Recognized for sales achievement for 2011, CEO's Award for 2011, Société Générale Equipment Finance (March, 2012). Awarded the highest company honor for sales achievement, President's Club (2001), KMC Telecom, (January, 2002). The company’s highest award for achievement 100% Club for AT&T Credit from 1989 to 1996.  Circle of Excellence for AT&T Credit from 1991 to 1995. President’s Award for AT&T Credit in 1995. Achiever’s Club for AT&T Communications in 1994. AT&T Capital (February, 1997), Consistent achiever during my tenure with AT&T Capital. Certifications: Project Management Professional, Project Management Institute, License 1697591 (March, 2014 – March, 2017). Courses: Charter Financial Services, Credit Adjudication (first Level) by Dunn and Bradstreet. SG Equipment Finance, Project Management, Preparation for PMP Certification. Excel Intermediate and Advanced courses through SG, AT&T Capital; Strategic Marketing, Public Speaking, Independent Coursework, Project Management Preparation for the PMP, Strategic Marketing. Education: Selected Courses None, Northeastern University, Business Administration and Management, General, 8.6 (2001 – 2002).University of Phoenix. Mansfield High School

Pamela Rossignol was hired as Regional Sales Manager, Jacksonville, Florida area, for Ascentium Capital, Kingwood, Texas.  Previously, she was Regional Manager, Balboa Capital (April, 2012–July, 2014); Sales Director, Cybex International (2000 – 2005). Education: University of Maine

Norm Stayton was hired as Senior Consultant at Veritas Financial Partners, Boca Raton, Florida. "Norm has over 35 years asset-based lending experience with Chase Commercial Corp., Congress Financial Corp., First Union/Wachovia and Citibank. Norm graduated from La Salle University in Philadelphia, with an undergraduate Degree in Business."

Todd Stevenson was hired as Vice President, Leasing Sales at US Bank, Greater Denver, Colorado area.  He joined Key Government Finance as a Senior Analyst-Asset Management & Remarketing, February, 2001, and then became Sales Representative for Key Government Finance, January, 2005; promoted to Vice President Vendor Sales Representative, March, 2013. Prior he was Inside Sales Representative, Embarcadero Technologies (2000–2001); Sales Representative, Park Western Financial Corporation (2000–2001). Inside Sales & Marketing Representative, Macurco Inc. (September, 1997–February, 1999). Education: Quincy University, BS, Marketing

Carol Stubits appointed General Manager, Ontario Sales, National Leasing, Toronto, Canada; focusing on Construction and Transportation Equipment business development. She joined CIT Financial Ltd, June, 2005, working her way up to Vice-President, Sales, then May, 2013, was promoted to Director Marketing and Communications. Prior, she was General Manager, Value Added Services, GE Commercial Distribution Finance, Canada (formerly Transamerica Commercial Finance) (May, 2003–April, 2005); Assistant Manager Corporate Development, Transamerica Commercial Finance Corporation, Canada (January, 1998–May, 2003); National Key Account Manager, Transamerica Commercial Finance Corporation, Canada (1995–1998). Languages: French, German. Education: University of Toronto, B.A. (1987–1991).

Tim Tucker was promoted to vice-president, marketing, at CSI Leasing, Inc., St. Louis Missouri. He is based in Charlotte, North Carolina.  He joined the firm in January, 2013. Prior, he was Sales Manager, Southeast, MC Leasing (1999 – 2003); Sales Manager Northern California, LSI Leasing (1994 – 1999); Financial Services, Apple Computer (January, 1984 – January, 1994). Education: University of North Carolina at Charlotte, Business/Marketing




Leasing Industry Help Wanted


Collector, Atlanta, GA

Experienced, calling 11-90 day delinquent customers, assisting Asset Re-marketer with delinquency reporting, weekly reporting to home office.

Sales, Chicago, Atlanta

Work out of main office and satellite. Heavy phone sales calling on both independent dealers and end users (cold/warm calling), marketing, weekly reporting to management. Outside territorial salespeople will also be considered.

Contact: Michael Testa 312-881-3133
Financing for Commercial Truck & Trailer, Exotic, High Line, Vintage & Classic Automobiles, Taxi, Livery & Paratransit


Leasing Operations Manager
San Antonio, Texas

Leadership role in building a team focused on credit, documentation and funding functions for a dynamic high growth business operating in both captive and non- captive lift truck markets.
Click here for full description.

Contact: Monet Pitts, HR Manager
Quality Controlled Material Handling Equipment Rent, Finance, or Lease up to 84 months, Maintenace, too.

For information on placing a help wanted ad, please click here: 
Please see our Job Wanted section for possible new employees. 





Case Gives New Meaning to a Businessman Getting
Screwed by the IRS
By Tom McCurnin
Leasing News Legal Editor

IRS Auditor Ops For After Hours Sex Romp with Business Owner.  But Since Sexual Encounter is After Hours, IRS is Off the Hook 

Burroughs v IRS  6:13-cv-00141-TC (D. Ore. 2013)

Vincent Burroughs of Eugene, Oregon is a contractor.  When the economy hit the skids, his business dried up, quashing his hopes of becoming a full-time motorcycle racer.  He got behind on his taxes by about $20,000.

IRS Agent Dora Abrahamson was assigned the case to perform an audit and called Burroughs about the back taxes.  During the conversation, Abrahamson stated she knew Burrows from his motorcycle racing hobby. 

Burroughs said Abrahamson texted him a picture of herself, but he didn't recognize her. He said the two continued to exchange text messages, some of which became suggestive.  About a week or so after the audit began, Burroughs said, he hadn't gathered the required papers and asked for an extension. Abrahamson agreed give him a hand with the paperwork.  She then showed up at his home one evening in provocative clothing.  They had sex. 

Who said IRS audits are all bad?

A few days after the sexual encounter, Burroughs said, Abrahamson called and said she was stepping down from his audit due to a conflict of interest. His new IRS agent said he owed around $69,000, including a really stiff penalty.

Burroughs filed suit against Abrahamson and the IRS in United States District Court for the District of Oregon. 

The IRS filed a Motion to Dismiss based on a line of cases based on the case Chesterman v. Barmon, 305 Or. 439, 442 (1988) which held that the conduct of an employee, like Abrahamson, is within the course and scope of her employment if:  (1) the conduct ... occurred substantially within the time and space limits authorized by the employment; (2) the employee was motivated, at least partially, by a purpose to serve the employer; and (3) the act was of a kind that the employee was hired to perform.

In this case, there was no alleged negligence and that the sex itself occurred after hours, off employment premises, and not in respect to the performance of official duties of the federal employee. 

Accordingly, the claims against the United States for the specifications of negligence committed by defendant Abrahamson are dismissed.  Burroughs has appealed to the Ninth Circuit Court of Appeals.

The bottom line to this case is that if you have sex with an IRS Agent, do so during regular business hours.  

IRS Civil Cover Sheet

Burroughs’s Law Suit  (8 pages)

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

Tom McCurnin
Barton, Klugman & Oetting
350 South Grand Ave.
Suite 2200
Los Angeles, CA 90071
Direct Phone: (213) 617-6129
Cell (213) 268-8291
Visit our web site at
Previous Tom McCurnin Articles:

Previous Tom McCurnin Articles:





26 banks remain under TARP
SNL Financial Exclusive
By Divya Lulla

Twenty-six publicly traded banks and thrifts had outstanding TARP (Troubled Asset Relief Program) investments held by the Treasury as of Aug. 11. San Juan, Puerto Rico-based First BanCorp., which has $94.9 million TARP outstanding in the form of common stock, is the largest remaining holder of TARP, based on data compiled by SNL Financial.

Hato Rey, Puerto Rico-based Popular Inc. had previously been the largest remaining TARP holder as of May 1, having issued $935 million outstanding trust-preferred securities to the Treasury. It redeemed the securities July 2.

The list of 26 public banks and thrifts remaining in TARP includes Capital Purchase Program (CPP) and Community Development Capital Initiative (CDCI) participants. It does not include Detroit-based Ally Financial Inc. because SNL classifies Ally as a "specialty lender" rather than a bank or thrift. Also, Ally received its outstanding funding through the Automotive Industry Financing Program, rather than through TARP's bank investment programs, according to SIGTARP’s quarterly report to Congress dated April 30, 2014.

The Troubled Asset Relief Program was signed into law in October 2008. The original authorized cost of the program was $700 billion, with 707 financial institutions receiving $204.9 billion under CPP and 84 institutions receiving $570 million under the CDCI, according to the Treasury.

A total of 112 SNL-covered financial institutions, including privately held banks and credit unions, were still participating in the CPP and CDCI as of Aug. 5.




Google Receives Millions of URL Takedown Requests Each Day
by Dave Smith,

Google on Thursday released a new transparency report, which revealed the number of URLs requested to be taken down from its search engine has skyrocketed to more than a million a day.

Based on Google’s data, which was charted for us by Statista, Google was asked to remove about 8 million search results just last week. As you can see from the chart, the number of takedown requests shot up around May, which is when Google first decided to publicize the contents of those takedown requests. As 9to5Google’s Mark Hearn points out, Google only received a few hundred takedown requests per year just a few years ago. But as it becomes easier to upload and access pirated content via search engines and torrents, the number of URL removal requests is only expected to increase.





##### Press Release ############################

FDIC Announces Settlement with Bank of America
Settlement of Claims Totals $1.03 Billion

The Federal Deposit Insurance Corporation (FDIC) as Receiver for 26 failed banks has announced a $1,031,000,000 settlement with Bank of America Corporation, Banc of America Funding Corporation, Banc of America Securities LLC, Banc of America Mortgage Securities, Inc., Bank of America, N.A., NB Holdings, Inc., Countrywide Financial Corporation, Countrywide Securities Corporation, Countrywide Home Loans, Inc., CWMBS, Inc., CWALT, Inc., CWABS, Inc., CWHEQ, Inc., Countrywide Capital Markets, LLC, Merrill Lynch Mortgage Capital Inc., Merrill Lynch Mortgage Investors Inc., and Merrill Lynch, Pierce, Fenner & Smith Inc. (BofA Entities) of certain of the receiverships' claims. The settlement funds will be distributed among the 26 receiverships.

The settlement resolves several sets of claims. One set of those claims is federal and state securities law claims based on misrepresentations in the offering documents for 155 residential mortgage-backed securities (RMBS) purchased by failed banks in FDIC receivership. As receiver for failed financial institutions, the FDIC may sue professionals and entities whose conduct resulted in losses to those institutions in order to maximize recoveries. From January 2011 to January 2014, the FDIC as Receiver for seven failed banks inherited or filed 14 lawsuits against the BofA Entities and other defendants for violations of federal and state securities laws in connection with the sale of 63 RMBS. In October 2013, the FDIC as Receiver for 19 failed banks objected to a proposed class settlement of claims arising from their purchase of 92 RMBS in three class action lawsuits based on misrepresentations in RMBS offering documents. As of July 31, 2014, the FDIC has authorized lawsuits based on the sale of RMBS to a total of eight failed institutions and has filed 19 lawsuits, including the 14 lawsuits against the BofA Entities, seeking damages for violations of federal and state securities laws. The settlement resolves the FDIC's claims against the BofA Entities in those 14 lawsuits and the three class action lawsuits.

Other claims resolved by the settlement include breach of contract claims brought by the FDIC as Receiver for Colonial Bank against Bank of America, N.A., as custodian and bailee for 4,808 Colonial Bank loans, tort claims brought by Bank of America, N.A. against the FDIC as Receiver for both Colonial Bank and Platinum Community Bank, a related Administrative Procedure Act claim brought by Bank of America, N.A. against the FDIC as Receiver for Colonial Bank, and a FOIA claim brought on behalf of Bank of America, N.A. against the FDIC in its corporate capacity.

Additional background on Professional Liability Suits:


Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's 6,730 banks and savings associations and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. The FDIC receives no federal tax dollars – insured financial institutions fund its operations.

### Press Release ############################


(Leasing News provides this ad “gratis” as a means
to help support the growth of Lease Police)


Fernando's View
By Fernando F. Croce

Humanistic drama ("A Master Builder") and spiritual mystery ("Calvary") come to theaters, while DVD releases offer stylish horror ("Only Lovers Left Alive"), charming comedy ("Fading Gigolo") and an autobiographical musical ("All That Jazz").

In Theaters:

A Master Builder (Abramorama): One of American cinema's great modern humanists, Oscar-winning director Jonathan Demme ("The Silence of the Lambs") returns to features following a series of first-rate musical documentaries. His comeback is this screen adaptation of Henrik Ibsen's famous play, powered by eloquent performances from an uniformly fine cast. Wallace Shawn stars as Halvard Solness, a powerful yet ailing architect, whose various relationships make up a welter of emotional trouble. There's his wife Aline (Julie Haggerty), his employee Kaya (Emily McDonnell), and his former associate and competitor Knut (Andre Gregory). Into his home then wanders Hilde (Lisa Joyce), a young woman who, though she's also dying, has a vibrancy for life that Halvard has forgotten about. Handled by Demme with delicacy and bite, the characters' interplay makes for superb, beguiling drama.

Calvary (Fox Searchlight Pictures): Following his critically acclaimed debut "The Guard" with this absorbing drama, Irish writer-director John Michael McDonagh further proves to be a true talent to watch. The excellent Brendan Gleeson stars as Father Lavelle, a priest in a small parish who, in the film's memorable opening scene, is given one week to live by a troubled murderer-to-be. For the next seven fateful days, Lavelle visits the townspeople and experiences a variety of human philosophy and struggle, from the atheist medic (Aidan Gillen) to the suicidal daughter (Kelly Reilly) who's back in town. But can he discover the identity of his potential killer, as well as the root of his own spiritual woes, before his time is up? Mixing mystery and bleakness with dashes of wry humor, McDonagh's impassioned film surprises, compels, and moves

Netflix Tip: With her sultry presence and smoky voice, Lauren Bacall (1924-2014) was one of the silver screen's most indelible sirens. In honor of this Hollywood legend, check out some of Bacall's best films, ranging from "To Have and Have Not" (1944), "The Big Sleep" (1946), "Written on the Wind" (1956), and "Designing Woman" (1957).


Only Lovers Left Alive (Sony): One of the guiding lights of American independent cinema, Jim Jarmusch here tries his hand at genre without sacrificing any of his unique sense of style and humor. The genre in question is horror, and it centers on a pair of estranged lovers named Eve (Tilda Swinton) and Adam (Tom Hiddleston) as they reunite and spend time together. That might sound like a typical romance, except for the small revelation that the two are actually centuries-old vampires who sip from chalices of human blood while savoring ancient pieces of art. Their stability is challenged with the unannounced arrival of Adam's younger sister Ava (Mia Wasikowska), who puts their lives in danger with her mischief. Coolly elegant and dryly funny, Jarmusch's film is a swooning, devilishly entertaining vision that proves there's still blood left in the tired vampire subgenre

Fading Gigolo (Millennium): Woody Allen rarely ventures in front of the camera anymore, so it's a special treat to see the legendary filmmaker once again as an actor in this charming comedy-drama, directed by John Turturro. The story follows the friendship between Fioravante (Turturro), a New York florist, and Murray (Allen), whose bookstore is about to close down. With both of them facing financial trouble, Murray comes up with an unlikely money-making scheme by suggesting that his younger friend become a professional gigolo for love-starved Manhattan women. The comical set-up doesn't sit well with the timid Fioravante, and quickly gets Murray in trouble with the city's religious community. Clearly influenced by Allen's own distinctive humor but also informed by Turturro's own personality, the film is a nimble delight.

All That Jazz (Criterion): The archetypal obsessive artist forever in a whirlwind of inspiration, drugs, and women, choreographer-turned-filmmaker Bob Fosse ("Cabaret") had an intense career. So it was only natural for him to turn his camera onto his own life, resulting in this dazzling 1979 autobiographical musical. Fosse's alter ego is a stage maestro Joe Gideon (Roy Scheider), a driven director whose latest project is pushing him over the edge. Not only does he have to deal with his dancers, but also with the many women in his life, with his own addictive demons, and with his own impending heart surgery. Though the material is often grim, Fosse keeps an acerbic, exhilarating tone that keeps things fascinating. With a cast that includes a young Jessica Lange and Broadway standouts like Ann Reinking and Ben Vereen, this is a must for lovers of personal cinema.


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News Briefs----

ELFA Independent Equipment Finance Survey 

Existing Home Sales Reach Highest Level Since September

Rate on 30-Year Mortgage Falls to Year's Low of 4.10%

Feds forge $8 million settlement with ex-leaders of failed First Chicago Bank

Bank of America may relocate HQ to Boston – Bove

Croatia to Lease its Highways to Private Company

Staples to close 140 stores this year, as many as 225 by 2015
--to focus on e-commerce

Gore Al Jazeera Lawsuit 'Mostly' Made Public

Robin Williams cremated, ashes scattered in San Francisco Bay






--You May Have Missed It

15 Biggest Employers in the World


SparkPeople--Live Healthier and Longer

Break Out of Your Food Rut!
5 Ways to Make Happier Meals


Baseball Poem

Baseball Archeologists

by Tim Peeler

Hatley had
a catcher's big hands
and had he played
he certainly would have caught,
braced in the squat position
examining the game
from its lowest perspective
with small dark eyes
darting like flashy pencil points —
Hatley never
watched the games live,
vcr'd them,
invited the guys over
to study
inning by inning
in reverse,
the coffee table smothered
with stuffed ashtrays
and emptied crushed beer cans,
at first the speculation
heavy as late game drunkenness,
what caused the score,
the change of pitchers,
rewinding the full swings,
the perfect throws,
in three out layers,
our eyes clearing,
cig butts disappearing,
finally ending
with the first taken pitch
and the sober presentation
of the lineups —
when the national anthem sang itself we stood
the words jumping
back into our mouths.

Touching All Bases
Poems from Baseball
Tim Peeler



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This Day in History

     1494 - Columbus returned to Hispaniola. He had confirmed that Jamaica was an island and that he had failed to find a mainland.
    1619 - The first Black slaves brought by the Dutch to the colony of Jamestown. The colonists desperately needed workers for the tobacco crop. Europe was becoming “addicted to snuff and smoking tobacco in a pipe, inhaling. The Indians had introduced the colonies to tobacco, who were learning to grow and dry it. Europe was “mad” for the smoke and snuff for gentlemen. John Rolfe writes in his diary, “About the last of August came in a dutch man of warre that sold us twenty negars”.  By the time of the American Revolution, the English importers alone had brought some 3 million captive Africans to the Americas.  After the war, as slave labor was not a crucial element of the Northern economy, most Northern states passed legislation to abolish slavery.  However, in the South, the invention of the cotton gin in 1793 sharply increased the need for slave labor, and tension arose between the North and the South as the slave or free status of new states was debated. In 1807, with a self-sustaining population of over four million slaves in the South, some Southern congressmen joined with the North in voting to abolish the African slave trade effective 01 January 1808. Nevertheless, the widespread trade of slaves within the South was not prohibited, and illegal trade of African slaves to Brazil and Cuba continued until the 1860s. By 1865, over twelve million Africans had been shipped across the Atlantic Ocean to the Americas, and some one million of these individuals had died from mistreatment during the voyage. In addition, an estimated three million died in Africa in slave wars and forced marches directly resulting from the Western Hemisphere's demand for African slaves.
    1704 - The first underground sewer in Boston was constructed by Francis Thrasher, at his own expense. The move led to municipal regulations governing disposal of refuse and garbage. By 1710, the selectmen of Boston were giving licenses to private citizens for digging up streets for sewer construction. Now you may not think this is a big deal, but think how waste was removed in this time, most often it was just thrown raw into the streets.
    1741 - Danish navigator Vitus Jonas Bering, commissioned by Peter the Great of Russia to find land connecting Asia and North America, discovers Alaska as well as the Pacific Coast of America.
    1775 – Tucson, AZ is established by Spanish missionaries as Presidio San Augustin del Tucson   
    1785 - Oliver Hazard Perry, American naval hero, born at South Kingston, RI. Best remembered is his announcement of victory at the Battle of Lake Erie, September 10, 1824: “We have met the enemy, and they are ours.”

    1788 - A small but powerful hurricane inflicted great havoc upon forests along a narrow track from New Jersey to Maine. A similar storm track today would cause extreme disaster in the now populated area.
    1794 - Major General “Mad” Anthony Wayne routs Indians at Fallen Timbers, Ohio
    1813 - African-American Richard Allen chairs the first National Negro Convention in Philadelphia.
    1833 - Benjamin Harrison, the 23rd president of the US, born at North Bend, Ohio.  He was the grandson of William Henry Harrison, 9th president of the US. His term of office 1889-1893, was preceded and followed by the presidential terms of Grover Cleveland (who became the 22nd and 24th president).
    1845 - Wilberforce University established in Ohio, 1856
    1866 – President Andrew Johnson officially declares the end to the Civil War.
    1866 - The newly organized National Labor Union called on Congress to mandate an eight-hour workday.
    1867 - Anson Mills, brevet lieutenant colonel in the Army, Fort Bridger, UT, was granted a patent for a new cartridge belt. Moisture had previously affected cartridge belts. Mills invented a woven cartridge belt, and the machinery for making it, which was adopted by both the Army and Navy.
    1886 - The town of Indianola, TX, was completely destroyed by a hurricane and never rebuilt.
    1888 - Longest US men's single tournament match:   Palmer Presbrey defeats T S Tailer, 19-21, 8-6, 6-1, 6-4, in an 80-game 1st-round contest.
    1896 – The rotary dial telephone was invented.
    1905 – Jazz trombonist/singer/composer/bandleader Jack Teagarden Birthday
    1908 – Birthday of Al Lopez, Major League catcher and manager who continually finished second to Stengel’s Yankees in the 1950’s.  He did win it in 1954 as manager of the Cleveland Indians with a then-record 111 wins, but was swept by the New York Giants in the World Series.  In 1959, he won the AL again as manager of the Chicago White Sox.  These were the only two years between 1949-64 that the Yankees did not go to the World Series.  He established a major league record for career games as a catcher. With a .584 career winning percentage, he ranks 4th in major league history among managers of at least 2000 games, behind Joe McCarthy (.615), Frank Selee (.598) and John McGraw (.586). Over the course of 18 full seasons as a baseball manager (15 in the major leagues and 3 in the minors), his teams never finished with a losing record.  “El Senor” was inducted into the Baseball Hall of Fame in 1977.
    1910 - The big blow up of forest fires finally came to an end in Idaho. A record dry August fueled 1736 fires which burned three million acres, destroying six billion board feet of timber. The fires claimed the lives of 85 persons, 78 of which were fire fighters, and consumed the entire town of Wallace. The smoke spread a third of the way around the world producing some dark days in the U.S. and Canada. The forest fires prompted federal fire protection laws.
    1911 - “This message sent around the world,” sent at 7pm from the New York Times and received back at 7:16:30pm, traveling over 28,613 miles via 16 relay stations to become the first telegraph message sent around the world. It was the front page headline and quite an event for its era.
    1912 - After the Japanese beetle invaded the East Coast and other diseases were affecting agriculture, Congress passed a quarantine law for plants, directed against dangerous plant diseases and injurious insect pests, “new to or not theretofore widely prevalent or distributed within and through the United States.” Plants that could transmit white-pin, blister rust or potato wart, and plants that might harbor the Mediterranean fruit fly, were immediately affected. Other species before the turn of the century had been affected, such as the “mighty American chestnut oak” that dominated the Northeast, were basically extinct by this date.
    1915 – Chicago White Sox obtain Shoeless Joe Jackson from the Cleveland Indians in exchange for Robert Roth, Larry Chappell, Ed Klepfer, & $31,500.      
    1920 – The first radio station to be licensed was 8MK, owned by the Detroit News, which instituted daily service with the program, “Tonight’s Dinner.” The call letters were changed later to WWJ.
    1920 – The game between the Red Sox and Indians was postponed to allow Indian players to attend Ray Chapman's funeral in Cleveland.  Chapman is the only player in Major League history to die from being hit by a pitch.  Three days earlier, Chapman was beaned by Carl Mays of the Yankees, a fierce side-arming fireballer.  Chapman’s death led to the practice of umpires replacing dirty baseballs during the game and accelerated the pressure to have batters wear helmets.  The latter was not enacted until 1950.
    1920 – Professional football is born.  Seven men, including legendary Jim Thorpe and the owners of four Ohio League teams--the Akron Pros, Canton Bulldogs, Cleveland Indians and Dayton Triangles, meet to organize a professional football league at the Jordan and Hupmobile Auto Showroom in Canton, OH. The meeting led to the creation of the American Professional Football Conference (APFC), the forerunner to National Football League.  Jim Thorpe was nominated as president of the new league, as it was hoped Thorpe’s fame would help the league to be taken seriously. On September 17, the league met again, changing its short-lived name to the American Professional Football Association (APFA) and officially electing Jim Thorpe as the league’s first president.
The APFA began play on September 26, with the Rock Island Independents defeating a team from outside the league, the St. Paul Ideals, 48-0. A week later, Dayton beat Columbus 14-0 in the first game between two teams from the APFA.
    1921 - Birthday of Jacqueline Susann, U.S. novelist. Her novel “Valley of the Dolls” (1966 and the movie in 1967), became the world's most popular, best-selling novel to that time and remains so today. It sold more than 17 million copies. Her other novels were also made into movies and were best sellers. She died at the peak of her success at 53.
    1924 - Birthday of Jim Reeves, country music star, born at Galloway, Panola County, TX, and died at Nashville, TN, July 31,1964, when the single-engine plane in which he was traveling crashed in a dense fog. Reeves’ biggest hit was “He’ll Have to Go.” (1959) and he was inducted into the Country Music Hall of Fame in 1967.
    1926 - Birthday of trombonist Frank Rosolino, Detroit, MI.
    1927 - Birthday of guitarist Jimmy Raney, Louisville, KY.
    1930 - DuMont broadcast its first television program for homes in New York City.
    1931 - Birthday of drummer Frankie Capp, Worcester, MA.
    1933 – Birthday of former Senator George Mitchell in Waterville, ME.  After his distinguished senatorial career, Mitchell served on the boards of several major US corporations and continued practicing law.  He remains active in several global initiatives, including having headed the Northern Ireland Peace Initiative, for which he received the Presidential Medal of Freedom and the Liberty Medal.  In 2006, Mitchell was tapped by Major League Baseball Commissioner Bud Selig to lead an investigation into the use of performance-enhancing drugs by MLB players.  Mitchell released a 409-page report, forever referred to as ‘The Mitchell Report’ of his findings on December 13, 2007. The report includes the names of 89 former and current players for whom it claims evidence of use of steroids or other prohibited substances exists. This list includes names of MVPs and All-Stars. On January 22, 2009, Pres. Barack Obama and Secretary of State Hillary Clinton appointed Mitchell as the administration's Special Envoy to the Arab-Israeli peace process, formally known as the "Special Envoy for Middle East Peace", from which he resigned in 2011.  A true public servant if ever there was!  
    1938 – Lou Gehrig hits his last grand slam, his 23d, which was the Major League record until Alex Rodriguez broke it 75 years later.
    1940 - Radar is used for the first time, by the British during the Battle of Britain. Also on this day, in a radio broadcast, Winston Churchill makes his famous homage to the Royal Air Force: "Never in the field of human conflict was so much owed by so many to so few."
    1942 - University of Chicago scientist Glen Seaborg and his colleagues first weighed plutonium, the first man made element.
    1942 - Birthday of pianist/composer Isaac Hayes, Covington, TN.  Hayes was inducted into the Songwriters Hall of Fame in 2005.  The hit song "Soul Man", written by Hayes and David Porter, has been recognized as one of the most influential songs of the past 50 years by the Grammy Hall of Fame. It was also honored by The Rock and Roll Hall of Fame, by Rolling Stone magazine, and by the RIAA as one of the Songs of the Century.  Hayes died August 10, 2008 in Memphis.
    1944 - Birthday of drummer Terry Clarke, Vancouver, British Columbia.
    1944 – Graig Nettles birthday in San Diego.  Nettles had an outstanding 22-year Major League career with several teams, mostly with the New York Yankees.  Nettles was one of the best defensive third basemen of all time and he was a dangerous hitter, setting an AL record for career HRs by a third baseman. As a part of four pennant-winning Yankee teams, Nettles enjoyed his best season in 1977 when he won the Gold Glove Award and had career-highs in home runs (37) and RBIs (107).  His outstanding fielding plays, particularly in the 1978 World Series are still highlight reels.  He is considered by many as the best 3B in Yankees’ history.
    1944 - HAWK, JOHN D.,  Medal of Honor.
Rank and organization: Sergeant, U.S. Army, Company E, 359th Infantry, 90th Infantry Division. Place and date: Near Chambois, France, 20 August 1944. Entered service at: Bremerton, Wash. Birth: San Francisco, Calif. G.O. No.: 55, 13 July 1945. Citation: He manned a light machinegun on 20 August 1944, near Chambois, France, a key point in the encirclement which created the False Pocket. During an enemy counterattack, his position was menaced by a strong force of tanks and infantry. His fire forced the infantry to withdraw, but an artillery shell knocked out his gun and wounded him in the right thigh. Securing a bazooka, he and another man stalked the tanks and forced them to retire to a wooded section. In the lull which followed, Sgt. Hawk reorganized 2 machinegun squads and, in the face of intense enemy fire, directed the assembly of 1 workable weapon from 2 damaged guns. When another enemy assault developed, he was forced to pull back from the pressure of spearheading armor. Two of our tank destroyers were brought up. Their shots were ineffective because of the terrain until Sgt. Hawk, despite his wound, boldly climbed to an exposed position on a knoll where, unmoved by fusillades from the enemy, he became a human aiming stake for the destroyers. Realizing that his shouted fire directions could not be heard above the noise of battle, he ran back to the destroyers through a concentration of bullets and shrapnel to correct the range. He returned to his exposed position, repeating this performance until 2 of the tanks were knocked out and a third driven off. Still at great risk, he continued to direct the destroyers' fire into the Germans' wooded position until the enemy came out and surrendered. Sgt. Hawk's fearless initiative and heroic conduct, even while suffering from a painful wound, was in large measure responsible for crushing 2 desperate attempts of the enemy to escape from the False Picket and for taking more than 500 prisoners.
    1945 - Woody Herman Band records “Bijou.”
    1945 - Dodger Tommy Brown becomes the youngest player (17 years, 8 months and 14 days) in major league history to hit a home run. 'Buckshot', who started his career as a 16 year-old high school student, connects off 30-year old Pirates' southpaw Preacher Roe.  The Phillies are rained out for an unprecedented tenth consecutive time.
    1946 - Prior to the start of the game against the Senators in Washington, using the U.S. Army's Sky Screen Chronograph, Bob Feller's fastball is clocked at 98.6 miles-per-hour, breaking Yankees' hurler Atlee Donald's 1939 speed record of 94.7 mph.  [check this-I think Alexander was dead by 1946] Grover Alexander is reached for nine straight hits and six runs as the Cubs defeat Phillies, 10-4.
    1948 - Robert Plant of Led Zeppelin is born in West Bromwich, England. Five of the group's albums reach No. 1 on Billboard's pop album chart. In the mid-80s, Plant organizes the Honeydrippers, featuring rock legends Jimmy Page, Jeff Beck and Nile Rodgers. The ensemble has a No. 3 hit in 1985 with “Sea of Love.''
    1948 - The largest crowd (78,382) ever to attend a night game sees Satchel Paige become the fourth consecutive Indian to throw a shutout. The ageless wonder joins Gene Bearden, Sam Zoldak and Bob Lemon in blanking the opposition.
    1949 - Birthday of American composer Leonard Lehrman, at Ft. Riley, KS.  160 works, including 10 operas, among them completions of 20 works by Marc Blitzstein, most notably his operas "Idiots First" and "Sacco and Vanzetti". Works published by Theodore Presser, Carl Fischer, and (Blitzstein completions) Boosey & Hawkes, recorded by Opus One, Premier, Capstone, and Original Cast Recordings. 
    1952 – Birthday of Rudy Gatlin of The Gatlin Brothers.
    1954 - Meteorologist/chef/author/TV personality/bon vivant Al Roker born Brooklyn, NY.
    1955 - Top Hits
“Rock Around the Clock” - Bill Haley & His Comets
“Hard to Get” - Gisele MacKenzie
“The Yellow Rose of Texas” - Mitch Miller
“I Don’t Care” - Webb Pierce
    1958 – The Cubs use left-handed 1B Dale Long behind the plate, the first left-handed catcher in the Majors since 1906.
    1960 - Birthday of American Composer Thomas Dempster, born Sandusky, MI.
    1960 - Connie Francis began work on her first movie, "Where the Boys Are." in Ft. Lauderdale, Florida.  This is considered the first college teen comedy to really explore the sex lives of its characters and it has served as the inspiration for countless "spring break" movies, as well as the homage/parody “Grease”.  
    1962 – NS Savannah, the world’s first nuclear-powered civilian ship, embarks on its maiden voyage.
    1963 - Top Hits
“Fingertips - Pt 2” - Little Stevie Wonder
“Blowin’ in the Wind” - Peter, Paul & Mary
“Judy’s Turn to Cry” - Lesley Gore
“Ring of Fire” - Johnny Cash
    1964 – Shirley Bassey records the theme from the James Bond flick, “Goldfinger”.
    1964 - US President Lyndon B. Johnson signs the anti-poverty Economic Opportunity Act (totaling nearly $1 billion)
    1964 – The Harmonica Incident:  Yankees’ Phil Linz, after a loss, plays his harmonica on the bus to the airport.  Yankees manager Yogi Berra yells at him from the front to knock it off.  When Linz asked teammate Mickey Mantle what Yogi said, Mantle, ever the kibitzer, said, “He said to play it louder.”  When Linz did, Berra came back and smacked it out of his hands.  At the time, the Yankees were languishing in the standings but many cite this incident as a spark that got them to the AL Championship and into the World Series against the Cardinals.  Linz scored a contract promoting harmonicas and Berra was fired after the World Series.
    1965 – Rolling Stones’ “I Can’t Get No Satisfaction” is released in the UK.  It was a #1 hit in the US.
    1966 - The thoroughbred Buckpasser, owned by Ogden Phipps, won the Travers Stakes at Saratoga to become the first 3-year-old to pass the $1 million mark in career earnings.
    1966 - The Temptations' "Beauty Is Only Skin Deep" is released.
    1967 - Birthday of American Composer Amos Elkana, at Boston, MA.
    1967 - The New York Times reported on a new noise-reduction system for album and tape recording developed by R. and D.W. Dolby. First used by a subsidiary of Elektra Records, the Dolby noise reduction system became the industry standard.
    1968 - LAMBERS, PAUL RONALD, Medal of Honor. 
Rank and organization: Staff Sergeant, U.S. Army, Company A, 2d Battalion, 27th Infantry, 25th Infantry Division. place and date: Tay Ninh province, Republic of Vietnam, 20 August 1968. Entered service at: Holland, Mich. Born: 25 June 1942, Holland, Mich. Citation: For conspicuous gallantry and intrepidity in action at the risk of his life above and beyond the call of duty. S/Sgt. (then Sgt.) Lambers distinguished himself in action while serving with the 3d platoon, Company A. The unit had established a night defensive position astride a suspected enemy infiltration route, when it was attacked by an estimated Viet Cong battalion. During the initial enemy onslaught, the platoon leader fell seriously wounded and S/Sgt. Lambers assumed command of the platoon. Disregarding the intense enemy fire, S/Sgt. Lambers left his covered position, secured the platoon radio and moved to the command post to direct the defense. When his radio became inoperative due to enemy action, S/Sgt. Lambers crossed the fire swept position to secure the 90mm recoilless rifle crew's radio in order to re-establish communications. Upon discovering that the 90mm recoilless rifle was not functioning, S/Sgt. Lambers assisted in the repair of the weapon and directed canister fire at point-blank range against the attacking enemy who had breached the defensive wire of the position. When the weapon was knocked out by enemy fire, he single-handedly repulsed a penetration of the position by detonating claymore mines and throwing grenades into the midst of the attackers, killing 4 more of the Viet Cong with well-aimed hand grenades. S/Sgt. Lambers maintained command of the platoon elements by moving from position to position under the hail of enemy fire, providing assistance where the assault was the heaviest and by his outstanding example inspiring his men to the utmost efforts of courage. He displayed great skill and valor throughout the 5-hour battle by personally directing artillery and helicopter fire, placing them at times within 5 meters of the defensive position. He repeatedly exposed himself to hostile fire at great risk to his own life in order to redistribute ammunition and to care for seriously wounded comrades and to move them to sheltered positions. S/Sgt. Lambers' superb leadership, professional skill and magnificent courage saved the lives of his comrades, resulted in the virtual annihilation of a vastly superior enemy force and were largely instrumental in thwarting an enemy offensive against Tay Ninh City. His gallantry at the risk of his life is in keeping with the highest traditions of the military service and reflects great credit upon himself, his unit, and the U.S. Army.
    1968 - Bobby Darin, still traumatized by the recent assassination of his good friend, Senator Robert Kennedy, sells off his music publishing and production company, TM Music, for one million dollars.
    1969 - The four members of the Beatles gather in the Abbey Road studios in London for the last time as they complete work on "I Want You (She's So Heavy)" and ostensibly finalize the track order and mastering of their last recorded album, “Abbey Road.” (Three of the Beatles would later be present in the studio to overdub salvaged tracks from the Let It Be sessions.)
    1969 - 'Never say die' Camille let loose a cloudburst in Virginia resulting in flash floods and landslides which killed 151 persons and cause 140 million dollars damage. Massies Hill VA received 27 inches of rain.
    1969 - Andy Williams received a gold record for the album "Happy Heart" on Columbia Records. 
    1969 – Comedian, actor Billy Gardell, “Mike and Molly”, born in Pittsburgh.
    1970 - Credence Clearwater Revival's LP “Cosmo's Factory” hits #1
    1971 - Top Hits
“How Can You Mend a Broken Heart” - The Bee Gees
“Mr. Big Stuff” - Jean Knight
“Take Me Home, Country Roads” - John Denver
“I’m Just Me” - Charley Pride
    1971 - Texas Instruments, Dallas, Texas introduced the first electronic pocket calculator. It weighed about 2.5 pounds and cost $149. It could add, subtract, multiply, and divide, displaying the results in an LED (light-emitting diode) window.
    1973 – Birthday of Colorado Rockies’ 1B Todd Helton.
    1973 - The Rolling Stones release "Angie."
    1974 - House of Representatives votes 412-3 to recommend three articles of impeachment against President Richard M. Nixon. The first charges him with taking part in a criminal conspiracy to obstruct justice in the Watergate cover-up; the second charges he "repeatedly" failed to carry out his constitutional oath in a series of alleged abuses of power; and the third accuses him of unconstitutional defiance of committee subpoenas.
    1974 - No. 1 Billboard Pop Hit: “(You're) Having My Baby,'' Paul Anka with Odia Coates. Anka’s last No. 1 hit was “Lonely Boy'' in 1959, marking the longest gap between top singles.
    1974 – Actress Amy Adams’ birthday in Italy.  Her breakthrough role came with the 2005 independent film “Junebug” for which she received critical acclaim and her first of five Academy Award nominations for Best Supporting Actress.  She has since had a string of successes such as “Enchanted”, “Charlie Wilson’s War”, “Doubt”, “Night at the Museum 2”, “Trouble with the Curve”, and “American Hustle”.
    1975 – NASA launched the Viking I probe of Mars.
    1976 - Gordon Lightfoot's "The Wreck of the Edmund Fitzgerald," about an ore carrier which sank on Lake Superior, was released as a single. The song, from the album "Summertime Dream," made it to number two on the Billboard Hot 100
    1977 - The song "Best of My Love", by the Emotions, topped the pop charts. It had a number one run of four weeks.
    1978 - After 37 consecutive years, the Stan Kenton Band folds. “Peanut Vendor.”
    1979 - Top Hits
“Good Times” - Chic
“My Sharona” - The Knack
“The Main Event/Fight” - Barbra Streisand
“Coca Cola Cowboy” - Mel Tillis
    1985 - No. 1 Billboard Pop Hit: “Power of Love,'' Huey Lewis & the News. The million-selling single, which is featured in the hit film, “Back to the Future,'' is the band's first No. 1 song.
    1986 - U.S. Census Bureau officials reported that the U.S. population stood at 240,468,000 and the median age reached an all-time high of 31-1/2 years. 
    1986 - The temperature at San Antonio, TX, soared to an all-time record high of 108 degrees.
    1987 - Top Hits
“I Still Haven’t Found What I’m Looking For” - U2
“Who’s That Girl” - Madonna
“Luka” - Suzanne Vega
“A Long Line of Love” - Michael Martin Murphey.
    1987 - Half a dozen cities in the Central Plains Region reported record high temperatures for the date, including Pueblo, CO with a reading of 102 degrees, and Goodland, KS with a high of 104 degrees. Hill City, KS reached 106 degrees.
    1987 - Lindsey Buckingham, who had helped turn Fleetwood Mac into one of the biggest-selling groups of the Seventies, leaves the group after refusing to tour behind its latest album, “Tango in the Night”.
    1987 - Alabama dedicates a section of its Interstate 65 highway as the Hank Williams Memorial Lost Highway, a reference to one of his best-known songs. The fifty-mile stretch begins near his hometown of Georgiana and runs north to Montgomery, where he is buried.
    1988 - Raleigh, NC reported a record hot temperature reading of 103 degrees. Afternoon thunderstorms in Oklahoma produced wind gusts to 75 mph in southern Pittsburgh County. Thunderstorms in Indiana produced 4.50 inches of rain at Morgantown.
    1989 - Early morning thunderstorms deluged southeastern Delaware with six to ten inches of rain in four to six hours, with local reports of 13 to 20 inches of rain. Twenty-six major roads were closed or damaged, and fourteen bridges were washed out. Flooding caused nearly four million dollars damage to local businesses.
    1989 - About 20,000 people ended a week-long 20th anniversary celebration of the Woodstock Festival at the festival's original site near Bethel, New York. They left behind a mountain of mud and empty beer cans. The unsanctioned gathering had only one serious incident - a stabbing. Folksinger Melanie [she was in my high school English class in Long Branch, NJ, 1960-61. Ralph Mango] was the only Woodstock veteran to show up. She performed from a makeshift stage. 
    1992 – Demi Lovato birthday.
    1993 - Top Hits
“Can’t Help Falling In Love” (From "Sliver")- UB40 
“Whoomp! (There It Is)”- Tag Team
“I’m Gonna Be (500 Miles)”- The Proclaimers 
    1996 - Just ten days after Microsoft shipped its first Web browser, Netscape released a letter they had sent to the Justice Department earlier in the month alleging that Microsoft had sought to gain an unfair advantage by offering computer makers and Internet service providers improper payments and other incentives to use Internet Explorer instead of Netscape Navigator. Microsoft denied the allegations, but the question of Microsoft's tactics in promoting Internet Explorer came under heavy scrutiny in the Justice Department's 1998 antitrust suit against Microsoft. 
    1996 - Carlos Santana receives a star on Hollywood's Walk Of Fame.
    1998 - At Shea Stadium, Cardinal first baseman Mark McGwire becomes the first player in major league history to hit 50 home runs in three consecutive seasons. Mac's seventh inning solo shot helps to defeat the Mets, 2-0.
    1998 - US launches cruise missile attacks against alleged al-Qaeda camps in Afghanistan and a suspected chemical plant in Sudan in retaliation for the August 7 bombings of American embassies in Kenya and Tanzania.
     2000 - Tiger Woods won the 82nd PGA Championship in Louisville, Kentucky. Woods birdied the last two holes in regulation and won the championship in a playoff over Bob May, becoming the first player since Ben Hogan in 1953 to win three majors (Masters, U.S. Open, British Open) in one year. He was the first player to win back-to-back PGA championships since Denny Shute in 1936 and 1937. 
    2000 - The winningest pitcher in franchise history is honored by the Yankees during Whitey Ford Day ceremonies at Yankee Stadium. At his retirement, the crafty lefty, known as “The Chairman of the Board”, held the team records for victories (236), innings pitched (3,170 1/3), strikeouts (1,956) and shutouts (45).  Among pitchers with at least 300 career decisions, Ford ranks first with a winning percentage of .690, the all-time highest percentage in modern baseball history.  His career ERA is among the five lowest in the era since 1920.  For his career, Ford had 10 World Series victories, more than any other pitcher, and he also leads all starters in World Series losses (8) and starts (22), as well as innings, hits, walks, and strikeouts. In 1961, the same year Roger Maris broke Babe Ruth’s home run record, Ford broke Ruth’s World Series record of 29⅔ consecutive scoreless innings, eventually reaching 33⅔, still the World Series record.  His number 16 was retired by the Yankees in 1974, shortly after his election to the Baseball Hall of Fame.
    2002 - A judge issues a temporary restraining order preventing the sale of Barry Bonds' 600th career home run ball hit into the Pacific Bell Park stands on August 9. Jay Arsenault, who allegedly promised friends after being given a game ticket to split any monetary gains if he caught the historic baseball, has been ordered to appear in court for hearing on September 5 along with the prized souvenir.  Doubt it is worth much today.
    2002 - Top Hits
“Dilemma”- Nelly Featuring Kelly Rowland
“Hot In Here”- Nelly
“Complicated”- Avril Lavigne
“Just A Friend” - Mario
    2005 - Using the equivalent of a 98-miles-per-hour major league fastball, 12-year old Kalen Pimentel ties a Little League World Series record for strikeouts in a six-inning game. The 12-year old from Rancho Buena Vista strikes out 18 Owensboro batters (all of the recorded outs) as his team coasts to 7-2 victory in the pool play of the tournament.
    2008 - Umpires sign an agreement which will allow major league baseball to start using instant replay to help determine boundary calls, such as determining fair or foul fly balls and difficult home run rulings. No exact date has been set for the start of using replays, but installation of the necessary equipment has been taking place in ballparks, with the hope of starting later this month.
   2012 - The official first-day-of-issue dedication ceremony for the Major League Baseball All-Stars Forever stamps takes place at the National Baseball Hall of Fame and Museum in Cooperstown, NY. The very popular philatelic series based on historic photographs honors Yankee Joe DiMaggio; Larry Doby of the Indians; Willie Stargell of the Pirates and Red Sox legend Ted Williams. 



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Top Stories

(chronological order)

- Broker’s Responsibility to Obtain
    California Lender’s License
- Do New iPhone Models Make People Think
  Their Old Ones Are Slow?
- CLP Foundation Adds Four CLPs
- Joint-Employer Ruling for McDonald's
  Could Change Franchise Business
- Bank Lending Still Tight, S.F. Fed Study Finds
- August 1, 2014 Alexa Ranks Leasing Web Media
- Blue Bridge Financial Relocates Corporate Office
  Opens New South Carolina Business Development Office
- Global Agreement on Financial Instrument Project
   No Longer Achievable
- Brooms Give Bonuses to Direct Capital Employees
   Today, Friday, First Day Ownership under CIT Bank
- Update on Vietnam Veteran Richard Wilson from his wife Rosanne
- Marlin Business Services reports 2nd Quarter
- Much Anxiety Over Having Enough Money for Retirement
- IASB completes reform of financial instruments accounting
- PayPal Could Soon Be eBay’s Biggest Source of Revenue
- Kmart offers $1 check cashing
    adds to financial service, such as “lease to own”
- This Day in American History
    Edited by Ralph Mango
- Dakota Financial saves $14,400 in document storage costs
   after deploying Office 365
- Programs to Protect Smartphones/Tablets/Laptops
- Who is Financing the Other Four?
    by Christopher Menkin
- Google & Facebook Utterly Dominate Mobile Advertising
- Microfinancial Reports $2.5 Million 2nd Quarter Profit
    Approves 410 New Dealers and Brokers
- Business Solar Panel Financing
     by Thomas L. Cadle, CLP
- Top Five Leasing Company Web Sites—
    in North America
- TimePayment New Web Site Almost Makes Top Five List
- Ascentium Capital Continues to Set Records
- Are More Online Loan Start-Ups On the Way?
- “Ends Banking for Cannabis Industry!” is the Claim
  Marijuana Vending Machine (Not a joke)
- 2014 Equipment Leasing & Finance U.S. Economy Outlook
- Myerson Opens Pacific Island Financial in Lihue, Kauai
Social Media Guidelines—Imperative
- Yozons First with “Digital Certificate-less” Electronic Signing
- 674 Dentists Win Judgment/Brican America
    (Includes Special Report from Attorney Ron Gossett)
- Canada's New Anti-Spam Law Active July 1, 2014
- Chart---Mobile Is Taking Over Digital Media Usage
   Company in Texas in Beta Stage with Mobile Leasing
- Dean Rubin Starts Ultimate Financing, Inc., No Longer at Axis Capital
- Increase Your Market Share By Linda Kester
- Element Financial $10 Billion in Assets After Raising $1.42 billion
- PayPal Extends "No Interest" Small Business Loan Program
- Cisco predicts 61% Internet Traffic Wireless by 2018; Video 79% 
- Leasing News Icon for Android Mobile Device
- Platinum Financial, Orange, California
   Bulletin Board Complaint: $3,982.80
- Healthcare Partners Group Leasing Head Sentenced
- Eight Tips to Rethinking Work-Life Success
   Crossing the Corner Office Chasm
- Balboa Capital Dismisses Suit Against Regents Capital;
Regents Capital Sues Balboa for $36,454 Attorney Fees
- Platinum Financial, Orange, California
   Bulletin Board Complaint: $6,236.18
- California Considers Taking Away Bank Subsidiary’s
   Exemption to the California Lenders Law - ELFA Position
- Four Salesmen Pay Survey Responses
- BBB Ratings --- Complaints Bulletin Board Companies
- BBB Leasing Company Ratings
- The Salary You Must Earn to Buy a Home in 27 Metros
- Lease Fleece Judge Verdict on Citibank Kingpin
- New CLP Designation---“Associate”
- Look for More Changes in Conducting Leasing
- 5 Ways to Give Your Brain a Break Right Now
- LEAF Financial Income Fund III Complaints
   10K Gives Numbers
- “A Great Time to be in the Equipment Leasing Industry”
- The Value of Leasing Beyond Accounting Changes
- Alert: Dallin Hawkins is Back Again
    After His Fourth DUI Arrest
- US Attorney Indicts EAR President Mark Anstett
   and Two Others for $100 Million Leasing Fraud
- The Controversy Today about Dun & Bradstreet
- Plastic Credit Card Processing Industry on the Way Out?
- Ex-PNC Equipment Finance VP/Regional Manager Arrested
- Why Leasing News is Different
- Loan/Lease Regulations
- Take Your Banker to Lunch
- Look Out!!! --Two Evergreen/PRR Clause Lessors Merge
   Onset Financial/Mazuma Capital
- Lease Police Tips on Judging Vendors
- Netiquette: Rules of Behavior For Email and the Internet
- Alert: Rudy Trebels Back Soliciting Broker Business
- Fugitive Banker Accused of Faking Own Death
 Found Alive, Now Arrested
- HL Leasing/John Otto--Update
- NorVergence- Year end, 2013
- The Future of Digital: 2013
- DLL Leaves Lessor to Hang
re: Evergreen Clause
- Advice for Broker or Lessor
   Dealing with a Company that Uses Evergreen Clauses
- Balboa Capital Settles Mass Fax Class Action Case
- How to be an “Expert Witness” and Make Extra Income
- Muncipalities and Their Budgets
- Twelve Lawyers Against Evergreen Clause Abuse
- Wants to Go After Lessors and Their Attorneys
   Re: Evergreen Clause Abuses
- Sample of Usury Laws in United States
- Balboa Capital Class Action Case Settled--$5 million?
- Old Cowboy On His Horse
- Leasing Brokers: When May You Collect a Commission?
- Is Long Term Leasing Dead?
- 5 Ways Women Are Better Bosses Than Men
- Balboa Capital, Irvine, California
   $20,543.22 Bulletin Board Complaint
   Alleged “Bait and Switch”
- Female Lease Finance Association Presidents
- Terry Winders, CLP, Custom Built Poker Tables
   ---Order One for Father’s Day
- Broker’s Responsibility to Obtain
    California Lender’s License
- The Day that Albert Einstein Feared May Have Finally Arrived
- Equipment Finance Agreements Explained/Barry S. Marks
- Royal Links "True Lease" Court Ruling
- "The Memory Shock" –New Book by Barry Reitman
- Mazuma and Republic Bank Get Snared on PRR Provision
   by Tom McCurnin, Esq.
- Jeff Taylor's Leasing Predictions, Spring, 2006
- Radiance Capital, Tacoma, Washington
   Bulletin Board Complaint 
   Purchase Option on EFA, Won’t Return $5,000 S.D.
- New Case against Mazuma Capital and Republic Bank
  ---Automatic Evergreen Payment---PPR
- Republic Bank out of leasing?
- Charles Schwartz and Allied Health
- Copier Wars---It's more than the lease payment
    by Christopher Menkin
- Leasing Gypsies
- Verifying Tax Returns
- Special Report: Part I
   Could Church Kiosks, Royal Link Carts, NorVergence results been avoided?

   The use of “Equipment Finance Agreements”
- Special Report: Part II
    Bank of the West

   Equipment Lease Agreement (EFA)
- California License Web Addresses
- Settlement Costs vs. Litigation Costs