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Leasing News is a web site that posts information, news, and
entertainment for the commercial alternate financing,
bank
, finance and leasing industries

kitmenkin@leasingnews.org
   



Friday, August 12, 2016


Today's Equipment Leasing Headlines

No Longer taking Broker/Discounting Business
  plus Leasing Companies Out of Business
New Hires/Promotions in the Leasing Business
  and Related Industries
Leasing Industry Ads---Help Wanted
Ascentium Capital/Bank of Ozarks Leasing
Sales Make it Happen by Steve Chriest
  Today, is sales like a sport?
 July's Last 20 Deals plus Action Sports Retailer
Channel Partners:  FICO/TIB/Annual Revenues/Term/Funding
Map--Each State's Biggest Export Trading Partner
  Source: US Census Bureau   www.businessinsider.com
Leasing and Business Loan Conferences
  Updated
Little Men/Elevator to the Gallows
The Family Fang/Francofonia/A Touch of Zen
Film/Digital Reviews by Leasing News' Fernando Croce
Golden Retriever
Minnetonka, Minnesota  Adopt-a-Dog
News Briefs---
Fleet Reports Continued Strong Performance Q2-2015
  Conference Call Recording Available
LendingClub Corp: Don’t Be Fooled by LC Stock
 LendingClub's seemingly good business decision?
Macy's To Close 100 More Stores Nationwide
  Locations to Close Not Announced at this Time
Coach closing 250 department store locations
  "to reduce discounted merchandise/markdown allowances"
Credit Union Loan Balances to New Highs
   First Mortgages, Used, and New Auto

Broker/Funder/Industry Lists | Features (writer's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months

www.leasingcomplaints.com (Be Careful of Doing Business)
www.evergreenleasingnews.org
Leasing News Icon for Android Mobile Device 

You May have Missed---
   SparkPeople--Live Healthier and Longer
   Winter Poem
    Sports Briefs---
      California Nuts Brief---
       "Gimme that Wine"
          This Day in American History
         SuDoku
           Daily Puzzle
             GasBuddy
               Weather, USA or specific area
                 Traffic Live----

######## surrounding the article denotes it is a “press release” and was not written by Leasing News nor information verified, but from the source noted. When an article is signed by the writer, it is considered a “by line.” It reflects the opinion and research of the writer.


 


[headlines]

--------------------------------------------------------------

No Longer taking Broker/Discounting Business
plus Leasing Companies Out of Business



Companies with an * are no longer in business. The others are companies that were taking broker business, but announced that they no longer are accepting broker business. Many have also down-sized or are managing an existing portfolio.

More details are available in this list by company name:

http://www.leasingnews.org/list_alpha_new.htm

*ABCO Leasing Inc., Bothell, WA
*ACC Capital, Midvale, Utah (lenders running off portfolio residuals, Leasing News receiving Evergreen non-notification complaints, demanding 12 more monthly payments)
Advantage Business Capital, Lake Oswego, Oregon
AEL Financial, Buffalo Grove, Illinois
(No longer taking new broker business)
*Agility Solutions Corp., Prescott, Arizona
Allegiant Partners, San Rafael, California 
Alliance Financial, Syracuse, New York
*Alternative Capital, Apollo Beach, Florida 
*AMC Funding, Charlotte, North Carolina
American Bank Leasing, Alpharetta, Georgia
*American Equipment Finance, Warren, New Jersey
Balboa Capital, Irvine, Ca
Bank of the West Leasing Indirect, San Ramon, California
    (Require high volume, successful brokers only) 
*Bank Midwest Leasing, Overland Park, KS 
Bankers Healthcare Group, Weston, FL
*Blackstone Equipment Financing, Orange, California 
*Capital One Equipment Finance, Towson, Maryland 
*CapitalSource Healthcare Finance, Chevy Chase, Maryland
*CapNet, Los Angeles, California
*C and J Leasing Corp, Des Moines, Iowa
*Carlton Financial Corporation, Wayzata, Minnesota
*Chase Industries, Inc., Grand Rapids, Michigan 
*Chesterfield Financial, Chesterfield, Missouri
CHG-MERIDIAN U.S. Finance, Ltd, Woodland Hills, CA
(Sales Management focuses very selectively on certain brokers.) 
*Churchill Group/Churchill Leasing, Jericho, NY
CIT Group (limited)
Columbia Bank Leasing, Tacoma, WA
*Columbia Equipment Finance, Danville, California 
Commercial Equipment Lease, Eugene, Oregon 
Concord Financial Services, Long Beach, California
*Court Square, Malvern, Pennsylvania
*Creative Capital Leasing Group, LLC, San Diego, CA
Crossroads Equipment Lease & Finance, Rancho Cucamonga, Ca 
Direct Capital, Portsmouth, New Hampshire
Diversified Financial Service, Omaha, NE
* Dolsen Leasing, Bellevue/Yakima, Washington
Equipment Finance Partners, a division of Altec, Birmingham, Alabama 
Evans National Leasing, Inc., Hamburg, NY
Enterprise Funding, Grand Rapids, Michigan
Enverto Investment Group, LLC, West Los Angeles, California
* Evergreen Leasing, South Elgin, Illinois
*Excel Financial Leasing, Lubbock Texas
*First Corp.(IFC subsidiary), Morton Grove, Illinois
First Federal Financial Services, Inc., Menomonee Falls, Wisconsin
First Republic Bank, San Francisco, CA
Frontier Capital, Teaneck New Jersey 
*GCR Capital, Safety Harbor, Florida 
GE Capital, Conn (limited)
Global Funding LLC., Clearwater, FL
*Greystone, Burlington, MA
*Heritage Pacific Leasing, Fresno, CA
*Hillcrest Bank Leasing, Overland Park, KS (Parent bank sold)
Huntington Equipment Finance, Vendor Finance Group, Bellevue, Washington
*IFC Credit Corp., Morton Grove, Illinois
Irwin Financial (Irwin Union Bank), Columbus, Indiana 
Irwin Union Bank, F.S.B. (Louisville, Kentucky)
Lakeland Bank, Montville, NJ
LaSalle Systems Leasing
*Latitude Equipment Leasing, Marlton, New Jersey 
*Leaf Specialty Finance, Columbia, South Carolina
*LEAF Third Party Funding, Santa Barbara, Ca.
Lombard, part of Royal Bank of Scotland, worldwide
M&T Credit (Bank)
*MarVista Financial, Villa Park, California 
*MericapCredit, Lisle, Illinois
*Meridian Healthcare Finance, San Diego, California 
Merrill Lynch Financial
Midwest Leasing Group, Livonia, Minnesota
*Mount Pleasant Capital, Wexford, PA 
National City, Cleveland, Ohio
*Navigator (Pentech subsidiary) San Diego, California
OFC Capital, Roswell, Georgia
Old National Bank, Evansville, Illinois
*Pentech Financial, Campbell, CA
*PFF Bancorp, Inc, Pomona, CA
Pinnacle Business Finance, Fife, Washington
*Pioneer Capital Corporation, Addison, Texas
PredictiFund, a subsidiary of Capital Access Network, Inc
*Podium Financial Group, Inc.,Costa Mesa, CA
Popular Finance, St. Louis, Missouri
Puget Sound Leasing, Seattle, Washington 
Radiance-Capital, Tacoma, WA
Rational Technology Solutions, Rolling Meadows, IL
*Reliant National Finance, Jacksonville, Florida
Sandy Springs, Olney, MD
*Securities Equipment Lsg. (SEL, Inc.), Glendora, CA
*Select Equipment Leasing Co., Concord, CA
* Sharpe Financial Network, Phoenix, Arizona 
Sovereign Bank, Melville, New York
Specialty Funding, Albuquerque, NM
*Studebaker-Worthington Leasing, Corp., Jerico, NY
(part of sale from Main Street Bank to Ascentium Capital) 
Sun Trust Equipment Finance & Leasing, Baltimore, Maryland 
*SunBridge Capital, Mission, Kansas
Suncoast Equipment Funding Corp., Tampa, Florida
TCF Equipment Finance, Minnetonka, Minnesota 
TechLease, Morgan Hill, California
*Tennessee Commerce Bank, Franklin, Tennessee 
Textron Financial
*Triad Leasing & Financial, Inc., Boise, Idaho
*TriStar Capital, Santa Ana, California 
*Union Capital Partners, Midvale, Utah
US Bank, Manifest Funding, Marshall, Minnesota
(new requirement: large yearly funding) 
US Bank, Middle-Market, Portland, Oregon 
Velocity Financial Group, Rosemont, Illinois
VenCore, Portland, Oregon (former company Len Ludwig)
*Vision Capital, San Diego, California
Wachovia Bank Leasing
*Warren Capital, Novato, California
*Washington Mutual Financial
Western Bank, Devils Lake, ND
*Westover Financial, Inc., Santa Ana, California

(Note: Should a company policy have changed, please contact kitmenkin@leasingnews.org)

Funders looking for new Brokers:
http://www.leasingnews.org/Funders_Only/New_Broker.htm

 


[headlines]
--------------------------------------------------------------

New Hires/Promotions in the Leasing Business
and Related Industries


Darrin Beer was promoted to Western Regional Sales and Portfolio Service Manager, CIT Commercial Services. He is based in Los Angeles, California. He was hired by CIT December, 1999, as Account Executive/Team Leader; promoted, January, 2012 as Client Credit Manager.  He began his career at Heller Financial, working his way up to Commercial Loan Administrator / Account Executive (May, 1991- November, 1999). Volunteer: Committee member (fundraising) for the L.A. Professional Services annual dinner, National Jewish Health. Education: USC Marshall School of Business, Bachelor’s Degree, Finance and Marketing (1987 – 1989).
https://www.linkedin.com/in/darrin-beer-24769ab

Mark Cannon was hired as VP Sales at Roynat Lease Finance, Toronto, Ontario, Canada, a wholly owned subsidiary of the Bank of Nova Scotia. Previously, he was VP Sales, Meridian OneCap (April, 2016 –August, 2016); VP Canadian Small Ticket, Scotiabank (March, 2008 – April, 2016).
https://ca.linkedin.com/in/mark-cannon-83612314


Chris Duranto was promoted to Vice President, Technology Finance at PNC Business Credit, San Francisco, California area.  He joined the firm August, 2015, as Vice President - Senior Underwriter.  Previously, he was Vice President, Corporate Banking and Capital Markets, Western Alliance Bancorporation (June, 2012 – June, 2015). He began his career at Comerica Bank, June, 2008, as Senior Credit Analyst; promoted December, 2010, Corporate Banking Officer.  Education: Arizona State University - W. P. Carey School of Business, Bachelor of Science (BS), Finance, General (2004 – 2008). Activities and Societies: Sigma Nu Fraternity (Treasurer), WPC 101 Instructor. Graduated Summa Cum Laude at Arizona State.
https://www.linkedin.com/in/chris-duranto-95138917


Annette Grzymala was hired as Commercial Credit Underwriter
BB&T, Lancaster, Pennsylvania.  Previously, she was Documentation Consultant Manager, Capital One (May, 2013 – March, 2016); Vice President, Credit Analyst, United Capital Business Lending (April, 2011 – May, 2013); Credit Manager, Correspondent Business Credit, LLC (February, 2009 – May, 2011); Prior, she was at GE Capital, starting 1995 as Senior Transaction Coordinator; promoted, to Legal Documentation Manager; promoted, October, 2004, Risk Analyst. Volunteer: Assist. Director at Biz Town for Baltimore, Towson, MD. (January, 2008 – March, 2009).  Education: University of Phoenix, MBA, Global Management (2009 – 2012). Accounting Degree,
University of Phoenix, B.S, Accounting (2005 – 2009).
https://www.linkedin.com/in/annette-grzymala-bb1b8111


Kurt Henning was hired as FVP-Director of Capital Markets at East West Equipment Finance, a division of East West Bank, Alpharetta, Georgia. Previously, he was Vice President, Healthcare Financial Services, Wells Fargo Equipment Finance, Inc. (May, 2013 – July, 2016); Vice President, Siemens Healthcare Finance (November, 2011 – May, 2013); Senior Acct Manager, Higher Ed and Healthcare, Presidio Technology Capital (March, 2011 – December, 2011); Vice President, Syndications, SunTrust Equipment Finance (2001 – March, 2011); Senior Vice President, Wachovia Leasing (July, 2000 – November, 2001); Vice President, Syndications, CIT (1996 – 2000);
District Sales Manager, CIT (1991 – 1996); Vice President, Bank of America (1989 – 1991).  Education: Mercer University, Stetson School of Business and Economics, MBA, Finance (1986 – 1989); University of Kansas, Bachelor of Science (B.S.), Business Administration and Management, General (1976 – 1980). Shawnee Mission South (1974 – 1976).
https://www.linkedin.com/in/kurt-henning-a27ba92


Tad Herrin was hired as Senior Vice President, Leasing and Equipment Finance at Ally Financial, Charlotte, North Carolina.  Previously, he was  Senior Vice President, Synocus Financial (August, 2013 – March, 2016); Owner, Aircraft Capital (July, 2006 – July, 2013); Vice President and Regional Manager, Business Aircraft Group, Key Equipment Finance (October, 2003 – June, 2006); Senior Vice President and Managing Director, Business Aircraft Group, Bank of America (August, 1993 – November, 2001); Manager, Aircraft Leasing & Financing, GE Capital (October, 1984 – August, 1993); Marketing Support Specialist / Collections / Workouts, CIT (August, 1982 – October, 1984).  Education: University of Mississippi, School of Business Administration, BBA, Banking and Finance (1978 – 1982).
https://www.linkedin.com/in/tad-herrin-a7579019


Gagan Kanjlia was hired as Vice President of Product, OnDeck, New York, New York, and “As Global Head of the Product, Design and Channel management functions at OnDeck."  He joined Capital One in 2001 as Program Manager, Credit Card Collections; promoted in 2003 to Senior Product Manager, Deposit Products, National Direct Bank; promoted 2010, Head of New Digital Product Development at Capital One 360; promoted 2014, Co-founder and Head of Product, Capital One Garage.  Prior, he was Lead Engineer, Telecom startup, America One Communications (1999 – 2000); Lead Engineer, Storage Product Simulators, Hewlett-Packard (1996 – 1999).  Languages: Hindi. Volunteer: DC Chapter Head, Asha for Education (January, 2001 – December, 2010). Headed the DC chapter to help fund early childhood education among underprivileged communities in India. He holds many patents.  Education: Duke University, The Fuqua School of Business, MBA, Finance, Marketing. University of Iowa, Master in Science, Computer Science. Delhi Institute of Technology, Bachelors in Engineering, Computer Engineering
https://www.linkedin.com/in/gagankanjlia


Kevin McGarry was hired as Chief Credit Officer, Gerber Finance Inc., New York, New York. Previously, he was Executive Vice President, First Capital Corp (October, 2010 – July, 2016); President/Commercial Services Division, GMAC Commercial Finance (August, 2003 –September, 2010); President CSD, GMAC Commercial Finance (August, 2003 – September, 2010); Exec Vice President /Regional Manager, Heller Financial Inc. (August, 1978 – March, 2005); President/COO, GE Capital, Commercial Services (June, 2001 – July, 2003 ); President/COO, GE Capital, Commercial Services (June, 2001 – July, 2003); President/ Congress Talcott Corp., Congress Financial (April, 1995 – May, 1999); Exec. VP, Heller Financial (1978 – 1999). Education: New York Institute of Credit, Credit/Financial Management, Credit/ Finance (1979 – 1982). Queens College, Finance, Accounting/Finance (1976 – 1978).
https://www.linkedin.com/in/kevinmcgarry


Erica Padilla was hired as Account Associate, LEAF Commercial Capital; based in Orange County, California.  Previously, she was Business Advisor, Main St. Business Capital (October, 2015 – July, 2016); Golf lead, DICK'S Sporting Goods (June, 2012 – October, 2015).  Education: Whittier College, Bachelor's degree, Political Science and Government (2012 – 2015).
https://www.linkedin.com/in/erica-padilla-296848118


Emma Powlin was hired as a Sales Intern at First American Equipment Finance, Fairport, NY.  Previously, she was in Child Care, YMCA of Greater New York, as well as Nanny for the Leone Family, and Waitress at Dons Original Restaurant as she is working her way through college. Languages: Spanish. Education: University at Albany, SUNY, Bachelor’s Degree, Business Administration Concentrating in Finance and Marketing, Minor - Mathematics, 3.6 Cumulative GPA (2014 – 2018).  Activities and Societies: Dean's List, Varsity Women's Lacrosse, Love Your Melon Club. Penfield High School, 94 GPA (2010 – 2014). Activities and Societies: Varsity Soccer, Varsity Lacrosse Captain, Varsity Club, Key Club, Academic All-American (Lacrosse), US Lacrosse All American.
https://www.linkedin.com/in/emma-powlin-4a486a101


Tony Sedlacek, CLFP, was hired as Senior Vice President of Portfolio Management, Gig Harbor, Washington.  Previously, he was VP Portfolio Management, Dakota Financial (August, 2014 – July, 2016); Management, Sales, Soniq Transportation & Warehouse (August, 2010 – August, 2014); Vice President of Corporate Services Receivables Performance Management, LLC (October, 2009 – February, 2010); Consultant: Marketing Third Party Servicing Orion First Financial, LLC. (December, 2008 – December, 2009);
VP Portfolio Manager, Indirect Originations & Operations, Irwin Commercial Finance (March, 2003 – October, 2008).
https://www.linkedin.com/in/tony-sedlacek-clfp-799681b


Mike Sulava was hired as Account Manager at Channel Partners Capital, Minnetonka, Minnesota. Previously, he was Sales Representative, Sanimax (June, 2014 – July, 2016); Assistant Operator, TETRA Technologies, Inc. (June, 2013 – May, 2014); Laborer, Manager, Salesperson, Southwest Building Contractor (January, 2006 – May, 2012); Sales person, Tom Clark Automotive (May, 2009 – August, 2009).  Education: Geneva College, Business, Marketing, Sports Management (2008 – 2012).  Activities and Societies: Baseball, FCA President, FCA Secretary, SAAC President.
https://www.linkedin.com/in/mike-sulava-42996519

 


[headlines]
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Nationwide Sales Positions Available
  Medical, Commercial and Industrial
 Transportation, FF&E, Technology


Superior pricing - Superior Buying window
 - Superior back office - Superior stability

For more info click here

www.bankozarks.com/equipment

Bank of the Ozarks


Recognized as the top performing bank in the United States,
based on financial performance, five years in a row
(2011, 2012, 2013, 2014, and 2015).

 

For information on placing a help wanted ad, please click here:
http://www.leasingnews.org/Classified/Hwanted/Hwanted-post.htm

Please see our Job Wanted section for possible new employees.

 

[headlines]
--------------------------------------------------------------

Sales Make it Happen by Steve Chriest

Today, is sales like a sport?

This question was posed by a person relatively new to sales, who wanted to remain anonymous. The books she reads often reference sports when talking about sales ideas and techniques. I think this new salesperson is onto something important. Professional selling is, for me, a discipline, and we can find more parallels to sales in sports than anywhere else.

The best among sports professionals are known for spending more time practicing their sport than their counterparts. Michael Jordan could be found in the basketball gym hours after his teammates left practice sessions. Jack Nicklaus, after a grueling round of tournament golf, could be found on the driving range, hitting 500 balls in preparation for the next day’s golf round. Today, Steph Curry has often been seen practicing in the gym at midnight, while everyone else is home sleeping.

  • For sales professionals, the equivalent of practicing in sports is preparation. The best sales professionals I’ve known have mastered the art of preparation.
  • They know their prospects and clients.
  • They know how their offerings will impact their customers’ businesses.
  • They know how to listen intently to discover what their customers want to accomplish, fix or avoid.
  • They know how to negotiate win-win outcomes that satisfy everyone and maintain key relationships.
  • They know how to structure profitable deals
  • They know how to prepare account strategies and sales call plans designed to respect everyone’s time limitations.
  • They know that walking away from an opportunity, when appropriate, isn't failure.
  • And they’ve learned how to play nice with everyone in their organizations.

Unfortunately, too many new salespeople, and too many experienced salespeople, never receive the type of foundational training that is absolutely required for success in any sport. No one teaches them the basics.

 

 




Steve Chriest is the CEO of Open Advance and author of Selling to the E-Suite, The Proven System for Reaching and Selling Senior Executives and Business Acumen 101. He recently re-named his company from Selling-Up.  He produces video and radio blogs, as well as continues as a columnist for Leasing News.
www.openadvance.com/contact/
925-263-2702
www.openadvance.com/
Sales Makes It Happen Articles:
http://www.leasingnews.org/Legacy/index.htm

 

[headlines]
--------------------------------------------------------------


[headlines]
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[headlines]
--------------------------------------------------------------

Updated
Leasing/Finance Conferences --- 2016




 



NAELB 2016-2017 President Mike Parker said, "Attendees can expect outstanding education and networking activities in Cincinnati. For example, we learned a lot from our attempt at a Speed Dating session during the 2016 NAELB Annual Conference and we're looking forward to offering a chance for brokers to meet with Funders and Service Providers in a speed dating setting on Friday to better plan their exhibit hall time on Saturday morning.” 
added .

Advantage Funding
Amerisource
Bankers Capital
Bryn Mawr
Channel Partners
Cobra Capital
Financial Pacific
First Federal
First Lease
Fora
InstaCOVER
Marlin Leasing
Maxim
Navitas
NFS Leasing
NCMIC
North Mill
Pawnee
Rapid Advance
Starbanco
Quality
United Financial

Registration and Events

Member:
o Broker Member $125
o Additional Broker Member   $115
o Associate Member $260
o Additional Associate Member $200
o Funder Member $260
o Additional Funder Member $200

Non-Member
o Broker Non-Member $200
o Associate Non-Member $360
o Funder Non-Member $360



CFLA 2016 Program
https://members.cfla-acfl.ca/cfladocs/CFLA%202016%20FINA
L%20CONFERENCE
%20WEB%20PROGRAM.pdf

Hotel Accommodations
https://members.cfla-acfl.ca/Conference2016/Hotel.aspx

 

Members*
First delegate $1,390
Second delegate $1,325
Third delegate $1,260
Fourth delegate FREE
Additional delegate $1,260
Daily rate - Wednesday $585,
Thursday $775, Friday $295
Chairman's Banquet Only $185
Companion’s registration $365

Non-Members
First time $1,390
Second-time + $1,810
Daily rate - Wednesday $715,
Thursday $905, Friday $425
Chairman's Banquet Only $285
Companion's registration $525
Students $25

 


 

Second Annual Conference
Announcing Our Second Annual 
October 4th - 6th, 2016
Red Rock Casino & Resort
Las Vegas, Nevada



Kris D. Roglieri

National Alliance of Commercial Loan Brokers
by Kris Roglieri, Co-Founder of NACLB
http://leasingnews.org/archives/Aug2016/08_03.htm#nation

Register
http://www.eventbrite.com/e/naclb-2016-registration-24321457133

Go to our website for more information: www.naclb.org

Brokers - Get Reconized For Your Achievements
Nominate yourself today. Must be registered to attend conference
in order to be considered 
https://www.linkedin.com/pulse/naclb-2016-commercial-loan-broker-awards-brittney-holcomb

 

Christopher "Kit" Menkin, Leasing News, will be speaking at the “Reporters Viewpoint” panel discussion to address the whole conference about the state of the leasing industry. He is looking forward to meeting readers as well as the Financial Technology and Business Loan Funders not familiar with Leasing News who are attending the conference.


Register
http://www.eventbrite.com/e/naclb-2016-registration-24321457133


Go to our website for more information: www.naclb.org

 



Lend360
October 5 – 7
Chicago Marriott Magnificent Mile
Chicago, Illinois

Attendee Registration Rate
$2,400

Lenders/Venders/Investors
Agenda
http://www.lend360.org/

List of Exhibitors
http://www.lend360.org/exhibitors/

 


October 6-8, 2016
NEFA 2016 Funding Symposium
Radisson Blu Mall of America
Minnesota

"The Women in Leasing LinkedIn Group would like to cordially invite you to our October luncheon at Cedar + Stone, Urban Table in the JW Marriott Hotel (Bloomington, MN) on Thursday, October 6th from 12:00pm – 2:00pm. The lunch is being co-hosted by ECS Financial Services and Financial Pacific Leasing, an Umpqua Bank company.

"If you plan on attending the 2016 NEFA Funding Symposium, the restaurant is located on the opposite side of the host hotel in the Mall of America.

"Please RSVP no later than Thursday, September 22nd to Shari Lipski @ SLipski@ECSFinancial.com"

Registration
https://nefassociation.site-ym.com/general/register_member_type.asp?

Information on 2016 Funding Symposium
http://www.nefassociation.org/events/
EventDetails.aspx?id=702539&group
=

The NEFA conference hotel is just five miles from the Minneapolis-Saint Paul International Airport which has direct flights to one hundred and fifty-five other cities and connections to hundreds more. It’s also convenient to both downtown Minneapolis and downtown Saint Paul.

Chairperson for the 2016 Funding Symposium is Jim Peach, CLFP, VP/Sales Manager, Stearns Bank, in Albany, Minnesota. Working with a dedicated team of volunteers, the Chairperson pulls together the educational lineup of the conference.

Said Jim Peach, “we get great feedback from the attendees following each NEFA conference and we’ve used that to focus our educational sessions on things that are both timely and important to NEFA Members.”

 

Bonus Workshop, October 6, 10:00am to 3pm
Funding Symposium Lead by Scott Wheeler, CLFP
Free: $750 Values
http://www.nefassociation.org/?page=BonusWorkshop

For more information, visit: www.NEFAssociation.org 
or call: 847-380-5050.


 

October 23 -25th
2016  55th Annual Conference
Palm Desert Springs
Palm Desert, California

More Information plus Register
http://www.elfaonline.org/events/2016/ac/reg.cfm 

Monday, September 19, 2016
Last day to receive the special ELFA convention rate for your accommodations at the JW Marriott Desert Springs.

Monday, October 10, 2016
Last day for mail-in and online registrations. After this date registrations can be made on-site. Please note: There are no refunds of registration fees after this date.

Keynote speaker Joe Scarborough will provide timely analysis 
and insight into the upcoming presidential and congressional elections.

 








Money20/20
October 23 – 26
Las Vegas, Nevada
(85% of exhibit space/sponsorship booked)

http://www.money2020.com/

October 24-26, 2016
100th Anniversary Annual Meeting
American Financial Services Association
The Breakers Palm Beach
Palm Beach, Florida

Join us for the latest on the political landscape, compliance and regulatory challenges, business trends, and enjoy plenty of networking opportunities.

Sessions will cover the overall industry challenges as well as operational issues relevant to specific market sectors. The final day of the meeting - called Spotlight Compliance - will shine light on the ever changing legal, regulatory and compliance realms that are so important in today's financial businesses.

 AFSA’s 350 members include consumer and commercial finance companies, vehicle finance/leasing companies, mortgage lenders, credit card issuers, industrial banks and industry suppliers. The association was founded in 1916 as the American Association of Small Loan Brokers. The group formed to promote state laws that would make small loans more readily available to average Americans, who had few options at the time to receive small personal loans.

info@afsamail.org


 

November 11-12, 2016
2016 Western Regional Meeting
Doubletree by Hilton Hotel Anaheim-Orange County
Orange, CA

 (Sorry, no further information available)


((Please Click on Bulletin Board to learn more information))
(Leasing News provides this ad “gratis” as a means
to help support the growth of Lease Police)

 

[headlines]
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Fernando's View
By Fernando F. Croce

A humane drama (“Little Men”) and a rediscovered classic (“Elevator to the Gallows”) come to theaters, while new DVDs offer bittersweet comedy (“The Family Fang”), a hypnotic cine-essay (“Francofonia”), and a great martial-arts epic (“A Touch of Zen”).

In Theaters:


Little Men (Magnolia Pictures): Acclaimed New York filmmaker Ira Sachs (“Love Is Strange”) brings his customary sensitivity to this nuanced drama, a character portrait of subtlety that sneaks on viewers with its power. Set in a Brooklyn storefront building, the film details the conflicting viewpoints of two families: The Jardines, headed by a modest actor (Greg Kinnear) who has just inherited the property from his father, and the Chilean mother (Paulina Garcia) who has for years run the shop downstairs. In the middle of their disagreements is the friendship between their two teenaged sons, brainy Jake (Theo Taplitz) and outgoing Tony (Michael Barbieri). As the adults move their differences into legal territory, can the kids hang on to their bond? Keeping a humane focus that honors all the characters, Sachs’ movie exudes warmth and maturity.


Elevator to the Gallows (Rialto Pictures): Part of the French New Wave group that changed the face of cinema in the late 1950s and early 1960s, director Louis Malle (“Atlantic City”) made his feature debut with this moody 1958 thriller, being re-released in theaters by Rialto Pictures. The Hitchcockian narrative centers on the illicit affair between a married woman (portrayed by New Wave icon Jeanne Moreau) and one of her husband’s employees (Maurice Ronet), who becomes stuck in an elevator while attempting to leave the scene of a crime. The tension of their story is contrasted with another young couple off on an outlaw lark of their own. Featuring stylish views of Paris nightlife and scored to an improvised jazz score by the legendary Miles Davis, Malle’s film is ripe for rediscovery. With subtitles.

Netflix Tip: One of Hollywood’s last links to classical MGM, Gloria Dehaven (1925-2016) had a long career as an actress and singer. So check out some of her best roles on Netflix, including the Chaplin masterpiece “Modern Times” (1936), as well as “Two-Faced Woman” (1941), “Summer Holiday” (1948), and the 1997 comedy “Out to Sea.”

On DVD:

The Family Fang (Starz Digital Media): Known for his dependable straight-man turn in comedies like "Arrested Development" and "Horrible Bosses," Jason Bateman has recently branched out into the director's chair. Following his debut with "Bad Words," this bittersweet tale of thorny family relationships further showcases a growing knack for unpredictable moods. Bateman also stars as Baxter Fang, a novelist who, with his actress sister Annie (Nicole Kidman), return to the family home. Renown figures in avant-garde circles, their parents (Christopher Walken, Maryann Plunkett) are famous for their performance-art hoaxes. But when they suddenly disappear, Annie and Baxter must face their own tangled emotions regarding their eccentric upbringing. Fluidly alternating between humor and poignancy, Bateman's movie offers a smart view of seriocomic dysfunction.


Francofonia (Music Box Films): One of the most acclaimed and eccentric of contemporary directors, Russian director Aleksandr Sokurov ("Russian Ark") moves freely from one experimental project to the next. In his latest, he turns his gaze to the historic Louvre Museum in Paris, particularly during the Nazi invasion of WWII. Though it begins as a documentary, with accounts of the alliance between Louvre director Jacques Jaujard German officer Count Franz Wolff-Metternich, Sokurov soon brings elements of drama and fantasy into the mix. Along with rich glimpses of some of the museum's most famous pieces, we see Napoleon Bonaparte himself wandering the halls side by side with French allegorical icon Marianne. Blending the spiritual and the historical, Sokurov's essay-like marvel makes for heady, challenging, and playfully rewarding viewing. With subtitles.


A Touch of Zen (Criterion): Long before “Crouching Tiger, Hidden Dragon,” this gorgeous 1971 Taiwanese epic gave class and style to martial-arts spectacles. Set in 15th-century China and largely experienced through the eyes of an unassuming artist (Shih Chun), the sprawling story follows a female fugitive named Yang (Hsu Feng) who plans to confront the corrupt emperor. Though total opposites, they team up on a journey that includes intense battles, haunted chambers, and jump-kicking monks. As directed with grace and beauty by King Hu, this two-part fable combines breathtaking choreographed action sequences with a glowing sense of mythological destiny that places it high above conventional adventures. A treat for art-house and martial-arts aficionados alike. With subtitles.

[headlines]
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Golden Retriever
Minnetonka, Minnesota  Adopt-a-Dog

Jesse
12-089
(Fostered in Burnsville, MN)
7.5 Years old
64 lbs.
Fence: Optional
Kid Friendly: yes
Another Dog: Optional
Cat Friendly: Yes

"Jesse is a 7.5 year old, 64 pound, neutered Golden retriever-yellow lab mix. He has the softest white fur on his head & light yellow-gold fur on his body. He has some "feathers" on his back legs, but a more lab-length coat.

"He was lovingly surrendered back to RAGOM by the family who had adopted him 4 years ago. Jesse suffers from storm anxiety. He takes amitriptyline twice a day to help manage his anxiety. When a thunderstorm happens, Jesse also takes lorazepam.  He trembles, pants & tries to find a safe place. We have had one storm since Jesse came to our home one week ago. After the medicine was given, his trembling decreased and he snuggled on the couch with us. He pawed at us & wanted to be as close as possible, hiding his head between my back & the couch. Jesse would do best in a home with somebody home most of the time. During thunderstorm season, he should not be left home alone if a storm is possible. His previous family brought him to doggy daycare, when they couldn't be at home, if a thunderstorm was a possibility.

"Jesse enjoys free roam & can be left alone for a few hours or so when the weather is good. So far, I've left him for about 4 hours at a time without any problems. He respects baby gates. My gate has an opening for the cats & he did sneak through the cat opening once so now the cat door is closed. Jesse is getting along great with the cats & dogs that we have."

"He enjoys tug-of-war with both people & our dog. He knows how to "sit", "stay" & "shake"--with both paws! He gently takes treats from us. He has a fun food puzzle toy that he'll roll with his nose to make the pieces of kibble fall out.

"Jesse rides great in the car & jumps into & out of our Ford Escape easily. Jesse loves going on walks. He wears a Gentle Leader Easy Walk harness. He met 4 children in our neighborhood & sat quietly so they could all pet him. He thoroughly enjoyed that! He spent a day with me & my 2 year old grandson & we all had a good day.

"Jesse is up to date on his vaccines & taking Heartgard chews. At his vet appt., we were told he was at the high end of a healthy weight. Since I am too, we're adding more walks into our schedule."

 

Retrieve a Golden of Minnesota (RAGOM)
5800 Baker Road, Suite 120
Minnetonka, MN 55345
952-946-8070
rescue@ragom.org

Adopt a Pet
http://www.adoptapet.com/

[headlines]
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News Briefs---

Fleet Reports Continued Strong Performance Q2-2015
  Conference Call Recording Available
http://www.elementcorp.com/images/uploads/2016-08-11_NR.pdf

LendingClub Corp: Don’t Be Fooled by LC Stock
LendingClub's seemingly good business decision?
http://investorplace.com/2016/08/lendingclub-dont-be-fooled-lc-stock/#.V60KS5grJik

Macy's To Close 100 More Stores Nationwide
  Locations to Close Not Announced at this Time
http://patch.com/california/saratoga/s/fumpm/macys-to-close-100-more-stores-nationwide

Coach closing 250 department store locations
  "to reduce discounted merchandise/markdown allowances"
http://www.fierceretail.com/story/coach-closing-250-department-store-locations/2016-08-10

Credit Union Loan Balances to New Highs
First Mortgages, Used, and New Auto   http://www.leasingnews.org/PDF/CreditUnionGrowth.pdf

 


(Leasing News provides this ad as a trade for appraisals
and equipment valuations provided by Ed Castagna)


[headlines]

--------------------------------------------------------------


--You May Have Missed It

Leasing Under US GAAP and IFRS:
 Similar New Standards with Significant Differences
http://www.accountingweb.com/aa/standards/leasing-under-us-gaap-and-ifrs-similar-new-standards-with-significant-differences



[headlines]
--------------------------------------------------------------

SparkPeople--Live Healthier and Longer


Do's and Don'ts of Goal Setting
Key Pieces to the Puzzle
http://www.sparkpeople.com/resource/motivation_articles.asp?id=124


[headlines]
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Baseball Poem

 

Barry Bonds Hits his 700th Home Run
   
   by Kit Menkin

 

He swaggered to the plate,
 like Elvis Presley going on stage
Joe Louis entering the ring,
  Taking care of business

The fans knew he would hit 700---
 They stood as the Giants were leading
in the first inning
  But the Pitcher hit Bonds in the chest

He shrugged it off,
 like Elvis Presley going on stage,
Walking to first base,
  Knowing he would score a run.

The field was more lit up than Las Vegas,
  Bright, surreal, as if this was a movie set,
The players moving in slow motion
  as the pitcher tried to take control.

The third inning the fans stood up again,
  This time the ball came in for a strike,
as the pitcher had the guts with a fast ball,
  It happened so fast.

Bonds swung in stride,
  Moving in this baseball ballet,
Knowing the ball was his,
  Taking care of business.

He ran the bases,
 Went back to the dug out,
as the crowd went wild,
699 was changed to 700,
 a new “legend” sign was revealed.

He did not come out again,
  until the new inning
Walking to the right field,
  next to the new “legend” banner.

He threw the ball several times
  to the coach on the side line,
As the crowd continued to roar,
  camera flash lights from the stadium.

  He popped out the next time,
almost as if he swung too soon.
  His run to first was fast than slow
as he watched the ball tell him no.

He came up to bat one more time,
  Determined, seemingly angry,
Ready to make up for the last time,
  It wasn’t a swagger.

Don’t treat me this way,
 I’m going to hit it far,
Two strikes and he swung so hard,
  if he had connected,
It would have gone to Treasure Island,
  The swing had so much power,
You could feel it in the stands.

  Afterwards he was happy,
His team won Four to One;
  on Saturday he hit 701
Taking care of business.

(Yes, I was at the game and took a photo, but just as I did, a person
in front raised his hand and thats the photo I got. Editor)


[headlines]

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Sports Briefs----

There's nothing stopping Michael Phelps from winning more golds beyond Rio 2016 ... but himself
http://sports.yahoo.com/news/theres-nothing-stopping-michael-phelps-from-winning-more-golds-beyond-rio-2016-but-himself-062735924.html?nhp=1

It’s Official: Simone Biles Is the World’s Best Gymnast
http://www.nytimes.com/2016/08/12/sports/olympics/simone-biles-womens-gymnastics-all-around-gold.html

Jerry Jones admits his ego led to 1994 split with Jimmy Johnson
http://www.theredzone.org/BlogDescription/tabid/61/EntryId/57912/Jerry-Jones-admits-his-ego-led-to-1994-split-with-Jimmy-Johnson/Default.aspx


[headlines]
--------------------------------------------------------------


California Nuts Briefs---

San Jose, California. First US City Where Average
  Homes Cost over $1 Million
http://www.businessinsider.com/san-jose-median-home-price-1-million-2016-8

‘Get me off the Google,’ UC Davis Chancellor Katehi
    urged communications staff
http://www.sacbee.com/news/local/article94733812.html

UC Davis’ Katehi gets $424,360 ‘parachute’
     common for university presidents
http://www.sacbee.com/news/local/education/article94953062.html

California State worker salary database
http://www.sacbee.com/site-services/databases/state-pay/article2642161.html

Bill letting California end Daylight Saving Time
    clears key committee
http://www.sacbee.com/news/politics-government/capitol-alert/article95116732.html

Tiny Inner Richmond. California bakery named top in the nation
http://www.sfgate.com/food/article/Arsicault-Bon-Appetit-Bakery-Best-Year-2016-9136288.php

 


(Leasing News provides this ad as a trade for investigative
reporting provided by John Kenny)


[headlines]
--------------------------------------------------------------




“Gimme that Wine”

http://www.youtube.com/watch?v=EJnQoi8DSE8

Video: Winiarski on 50 years of Napa Valley cabernet
http://www.northbaybusinessjournal.com/northbay/napacounty/5954206-181/stags-leap-wine-winiarski-napa-cabernet

Premier Cru Staffer Spills Beans About Ponzi Scheme
http://www.wine-searcher.com/m/2016/08/premier-cru-staffer-spills-beans-about-ponzi-scheme

2016 Sommeliers of the Year
http://www.foodandwine.com/slideshows/2016-sommeliers-year


Free Mobile Wine Program
http://leasingnews.org/archives/Feb2010/2_26.htm#mobile

Wine Prices by vintage
http://www.winezap.com
http://www.wine-searcher.com/

US/International Wine Events
http://www.localwineevents.com/

Leasing News Wine & Spirits Page
http://two.leasingnews.org/Recommendations/wnensprts.htm

[headlines]
----------------------------------------------------------------

This Day in American History

      1508 - Ponce de Leon arrived in Puerto Rico. Spain had appointed him to colonize Puerto Rico. He explored Puerto Rico and Spanish ships under his command began to capture Bahamanian Tainos to work as slaves on Hispaniola. His settlement at Caparra, 2 miles south of San Juan Bay, was plagued by Taino Indians and cannibalistic Carib Indians.
    1553 - Pope Julius III orders confiscation and burning of the Talmud. Religious prosecution of Jews in Europe becomes prevalent for the next two centuries, as many then migrated to the United States to escape growing religious prosecution.
    1585 - The first letters written in English in America were the four letters of Ralph Lane, the first commander of Raleigh's first colony at Roanoke Island, NC, Porte Ferdynando.
http://www.britannia.com/bios/rlane.html
Here is Lane's Report from his letters:
http://www.nationalcenter.org/ColonyofRoanoke.html
    1658 – The first police force in the colonies was established in New Amsterdam.
    1676 - King Phillip’s War (1675-1676) ended when the Wampanoag leader was surprised and shot by an Indian in the service of Captain Benjamin Church near Mt. Hope, Rhode Island. King Phillip was the son of the chief of the Wampanog tribe. The conflict had grown to include the Wampanoag, Nipmuck, Narragansett, Mohegan, and Podunk tribes and ended with their virtual destruction, opening southern New England to unimpeded colonial expansion.
    1778 - A Rhode Island hurricane prevented an impending British-French sea battle, and caused extensive damage over southeast New England.
    1833 - Chicago incorporates as a village of about 350
http://www.chipublib.org/004chicago/timeline/originame.html
    1833 - Birthday of Lillie Devereux Blake (1833-1913) in Raleigh, NC.  U.S. writer and suffrage activist. Widowed, she turned to writing to support herself. Prolific, she used a dozen pseudonyms as she churned out newspaper and magazine articles and novels. She was a main contributor to Elizabeth Cady Stanton's “Woman's Bible” that may be found in WOAH's library - http://www.undelete.org/library/library0041.html.  See some quotes below in Quotes du Jour. She led successful campaigns to have women matrons or physicians on duty at public institutions and police stations where it was customary to have males supervise jailed women in ALL aspects of their lives, often alone. The women had no way to object to any kind of treatment by the male guards, including rape or beatings. She also was successful in having wives declared joint guardians of minor children in New York State, a provision that soon spread to other states. Up to the late 1890s, despite propaganda today by ultra-conservative forces, men had SOLE custody of his children and the mother had NO rights.
    1835 - The City of Canaan, NH votes to remove the Noyes Academy (black school) from their city and a group attacks it, breaking windows, and threatening to tear down the building. The building survives, Blacks leave, according to many diary accounts, and a year later, after it is repaired at city expense, it burns down, according to one report.
http://freepages.history.rootsweb.com/~townsend/HoC/HoC272.html
    1834 - Dental amalgam for filing teeth was introduced by Messrs. Carcour and Sons, who first started advertising in the New York Commercial Advertiser, as "Royal Mineral Succadaneum for filling decayed teeth without the slightest pain, heat or pressure."  They paid little attention to [???caries] and filled all cavities without first removing decay. Their work was unsatisfactory and they were obliged to flee the country.
    1851 - Isaac Merritt Singer (1811-75) developed the sewing machine for use in homes and received a patent for a rocking treadle or double treadle. He used a treadle similar to that employed in old spinning wheels and attached it by means of a pitman to the handle on the driving gear of the machine.
    1851 – In the first America’s Cup yacht race, the U.S. schooner America beat the British yacht Aurora.
    1856 – Diamond Jim Brady (1856-1917) was born James Buchanan Brady in NYC.  At 23, Brady parlayed his knowledge of the rail transport industry and its officials to become a highly successful salesman for a railroad supply company. Known for his penchant for jewels, especially diamonds, he collected precious stones and jewelry in excess of US$ 2 million (equivalent to approximately $56,696,000 in 2015 dollars). He was known for being the first person in New York City to own an automobile, in 1895.
    1858 - William and Ellen Demorest of New York devised paper sewing patterns, publishing them in magazine. They cut apart stylish dresses and recreated them in tissue-paper versions packaged in large envelopes, which they sold mainly by mail order. Their company was notable in its time for being run jointly by a married couple and for employing African-Americans and whites equally. The business was eventually eclipsed by e. Butterick and Company of New York City, bounded in 1867 by Ebenezer and Eleanor Butterick of Sterling MA, who had received a patent for paper sewing patterns. In 1866, Excelsior Needle of Wolcottville, CT, organized with $20,000 of capital, sped the sale of sewing machines with a means of making uniform sewing needles at a very low cost rather than the crude needles previously made. Singer at this time started lay-away plans, trade-in plans, leasing of sewing machines for clothing manufacturers (seasonal and long term), and in 1876 introduced the first sewing machine lamp holder. IT "quite obviated the difficulty experienced by operators when sewing at night" because the lamp would not" jar off the table or upset" and it could "be moved without soiling the fingers (patented by Ludwig Martin Nicolaus Wolf of Avon, CT). In 1889, the first electric sewing machine was manufactured by the Singer Manufacturing Company at its factory in Elizabethport, NJ.
    1859 - Birthday of Katherine Lee Bates (1859-1929) in Falmouth, MA. American English teacher. She published over 20 books, but is best remembered today for writing the patriotic hymn, "America, the Beautiful" (a.k.a. "O Beautiful for Spacious Skies").
    1862 – Confederate Gen. John Hunt Morgan and his raiders capture Gallatin, TX.
    1863 - Confederate raider William Quantrill led a massacre of 150 men and boys in Lawrence, Kansas. Quantrill's last ride.
    1867 - President Andrew Johnson sparked a move to impeach him as he defied Congress by suspending Secretary of War Edwin M. Stanton.
    1867 - Birthday of Edith Hamilton (1867-1963) in Dresden, Germany.  U.S. classicist, author and authority on ancient Greece and mythology. She was headmistress of Bryn Mawr School in Baltimore (founded by Mary E. Garrett and M. Carey Thomas). She remained headmistress for 26 years until what has been termed a "disagreement" with Thomas in 1922. In her retirement, she was able to devote herself to her classical studies and writing and a second career that has made her a popular writer even today.  At age 90, she was made an honorary citizen of Athens in recognition of her scholarly writings. She started “The Greek Way” (1930) and published a series of astoundingly easy to read yet scholarly books including the ever-popular “Mythology” (1942) that is still in print. Her other books are “The Roman Way” (1932), “The Prophets of Israel” (1936), “Three Greek Plays, translations from Aeschylus and Euripides” (1937), “Mythology” (1942), “Witness to the Truth: Christ and His Interpreters” (1949), “The Great Age of Greek Literature (an expansion of The Greek Way” (1943), “Spokesmen for God (an expansion of The Prophets of Israel” (1949), and “The Echo of Greece” (1957). In 1922, she began living with Doris Field Reid for the rest of her life, "staying home to keep house" and write while Reid continued as a noted investment banker. The couple bought a summer home on Mount Desert Island and later moved to New York City from Baltimore when Reid received the opportunity to go with a noted Wall Street firm. Hamilton later followed Reid to Washington when Reid was made head of the firm's offices there.
    1877 - Thomas Edison completes his first model of a phonographic player. http://memory.loc.gov/ammem/today/aug12.html
    1880 - Birthday of famed American baseball player Christopher (Christy) Mathewson (1880-1925), one of the players named to Baseball Hall of Fame’s inaugural class. Born at Factoryville, PA, he was a college graduate, and considered one of baseball's first clean-cut stars. He pitched three complete game shutouts during the 1905 World Series. In 17 years, he won 373 games while losing 188 and striking out 2,499 players.  He played his entire career with the New York Giants. He was among the most dominant pitchers of his (or any) era and ranks in the all-time top-10 in major pitching categories including wins, shutouts, and ERA. In fact, he is the only pitcher in MLB history to rank in the top ten both in career wins and in career ERA.  Mathewson served in the US Army’s Chemical Warfare Service in World War I, and was accidentally exposed to chemical weapons during training; his respiratory system weakened from the exposure, he contracted TB and subsequently died of the disease
    1881 - Birthday of Cecil B. DeMille (1881-1959), film pioneer, born at Ashfield, MA. Cecil Blount De Mille was a film showman extraordinaire known for lavish screen spectacles.  He produced more than 70 major films which were noted more for their large scale than for the subtle artistry. He produced one of the earliest four-reel films, "The Squaw Man," in 1913, which boasted the first use of indoor lighting on an actor and was the first film to publicize the names of its stars. His other innovations included the sneak preview and the idea of producing different versions of a popular film. His films include, "The Crusades," "The Sign of the Cross," "King of Kings," "Cleopatra," "The Plainsman," "The Buccaneer," "Reap the Wild Wind" and "The Ten Commandments," which was made in 1923 and then in a new version in 1956. DeMille was awarded an Oscar for "The Greatest Show on Earth" in 1953.
    1892 - The Baltimore Orioles removed outfield posts‚ around which ropes holding back overflow crowds would be wrapped‚ after a batted fair ball struck a post and bounced back toward the infield‚ forcing the batter to stop at second base. Another factor in the decision is an incident three days earlier in which the Oriole RF missed a sure catch when he ran into a post.
    1896 – Hall of Famer Nap Lajoie who batted .429 in the minors, made his Major League debut for the Philadelphia Phillies going 1-for-5 in a 9-0 win over Washington.
    1896 – Gold was discovered in Dawson, Yukon Territory.  Some 30,000 miners swarmed to the Yukon and many eventually found their way to Alaska and discovered gold there as well.
    1898 - The first island territory annexed by the federal government was the Hawaiian Islands. The treaty was signed on June 16, 1867, by John Sherman, secretary of state. A joint congressional resolution to provide for annexation was passed on July 7, 1898 and were formally annexed this day, to become known after their largest island, Hawai’i.  The flag of Hawai’i was lowered from ‘Iolani Palace in an elaborate annexation ceremony and replaced with the US flag to signify the transfer of sovereignty from the Republic of Hawai’i to the US.
http://www.uwec.edu/Academic/curric/greidebe/Indigenous/
Student.Web.Pages/Hawaii/HISTORY%20II.htm

    1898 - The brief and one-sided Spanish-American War comes to an end when Spain formally agrees to a peace protocol on U.S. terms: the cession of Cuba, Puerto Rico, and Manila in the Philippines to the United States pending a final peace treaty.
    1910 – Jane Wyatt (1910-2006) was born in Mahwah, NJ.  She starred in a number of Hollywood films, but is best known for her role as the wife and mother on the television comedy series, “Father Knows Best,” and as Amanda Grayson, the human mother of Spock on “Star Trek.” Wyatt was a three-time Emmy Award-winner.
    1912 - Three men attacked Ty Cobb on his way to the Detroit rail station. Cobb sustained a cut on his shoulder, but he caught one of his attackers and pistol-whipped him. Cobb then traveled to Syracuse where he got two hits in an exhibition game.
    1915 - "Of Human Bondage," by William Somerset Maugham, published
    1918 – Sid Bernstein (1918-2013) was born in NYC.  Bernstein changed the American music scene in the 1960s by bringing The Beatles, The Rolling Stones, Herman’s hermits, The Moody Blues, and The Kinks to America. He was the first impresario to organize rock concerts at sports stadiums, first at Shea Stadium for the Beatles first US appearance, and later at Madison Square Garden.
    1923 - Victor Cine Camera introduced the first portable movie camera. It weighed five pounds and cost $55. Today it was first advertised and Charlie Chaplin was one of the first customers.
    1927 – “Wings” the only silent film to win an Oscar, opened.
    1929 - Birthday of Alvis Edgar "Buck" Owens (1929-2006), singer and songwriter, Sherman, TX.
    1930 – Progressive George Soros, the 30th richest man in the world, was born in Hungary.
    1933 - The temperature at Greenland Ranch in Death Valley, CA, hit 127 degrees to establish a U.S. record for the month of August.
    1934 – The Babe played his final game at Fenway Park, where it all began.  Nearly 42,000 fans jammed the park, whose stated capacity is approximately 37,000, to pay their respects to their former hero. 
    1936 - The temperature at Seymour, TX hit 120 degrees to establish a state record.
     1947 - Top Hits
“Peg o' My Heart” - The Harmonicats
“I Wonder, I Wonder, I Wonder” - Eddy Howard
“Chi-Baba, Chi-Baba” - Perry Como
“Smoke! Smoke! Smoke! (That Cigarette)” - Tex Williams
    1950 - The New York Giants defeated the Ottawa Rough Riders of the Canadian Football League, 27-6, in an exhibition game played at Ottawa. The Giants thus became the first NFL team to play outside the US.
    1950 – Bloody Gulch Massacre:  75 American POWs were massacred by the N. Korean Army.  
    1951 - The New York Giants (59-51) started the day 13 games behind first place Brooklyn (70-36). They swept the Phillies in a doubleheader to launch a 16-game win streak and a spurt of 39 wins in 47 games. They wound up tied with the Dodgers for first, won the playoff on Bobby Thomson’s “Shot Heard ‘Round the World” and lost to the Yankees in the World Series.
    1953 – Yankees P Whitey Ford had 4 hits in a 22-1 win over the Philadelphia A’s.  Yogi Berra and Billy Martin each had 5 hits and Hank Bauer scored 5 runs.
    1955 - The US Government set the first minimum hourly wage of one dollar. It was set at $3.10 effective January 1, 1980, and at $4.25 effective April, 1991.
    1955 - During the second week of August, Hurricanes Connie and Diane produced as much as 19 inches of rain in the northeastern U.S., forcing rivers from Virginia to Massachusetts into a high flood. Westfield, MA was deluged with 18.15 inches of rain in 24 hours, and at Woonsocket, RI the Blackstone River swelled from seventy feet in width to a mile and a half. Connecticut and the Delaware Valley were hardest hit. Total damage in New England was $800 million and flooding claimed 187 lives.
    1955 - Top Hits
“Rock Around the Clock” - Bill Haley & His Comets
“Ain't that a Shame” - Fats Domino
“Learnin' the Blues” - Frank Sinatra
“I Don't Care” - Webb Pierce
    1958 – Art Kane photographed 57 notable jazz musicians in the black and white group portrait "A Great Day in Harlem" in front of a brownstone in New York City.
    1959 - Little Rock, Arkansas responded to a Federal Court order with the token integration of two public schools (six blacks were admitted).  White mobs protested and there was major confrontation. Ironically, today there is a placard celebrating the history of this "event."
    1959 - Bobby Darin signed his first movie contract, a million-dollar, six-year, six-picture deal with Paramount Studios. He would go on to secure a nomination for Best Supporting Actor in 1962.
    1960 - The first communications satellite was Echo 1, a 26.5-inch magnesium sphere launched by a Thor-Delta rocket at 5:30am from Cape Canaveral, FL. The satellite went into orbit at 7:45am after the three stages of the rocket had been fired successfully. A tape message was transmitted from Goldstone, CA, bounced off the satellite, and received by the Bell Laboratories at Holmdel, NJ. This eventually revolutionized the communication industry from radio and television news, miniature portable telephones, Internet and geographic location at extremely low costs and very high efficiencies.
    1963 - Top Hits
“Fingertips - Pt 2” - Little Stevie Wonder
“Wipe Out” - The Surfaris (The “A” side was “Surfer Joe.”
“(You're the) Devil in Disguise” - Elvis Presley
“Ring of Fire” - Johnny Cash
    1963 - The Four Seasons sued their struggling first label, Vee Jay, for non-payment of royalties and moved to Mercury/Philips Records. This would be the first of a long line of incidents that would doom the label.
    1963 – Hall of Famer Stan Musial announced his retirement at season’s end.
    1964 - Race riot in Elizabeth, NJ.
    1964 – For the 10th time in his career, then a record, Mickey Mantle hit HRs from both sides of the plate.  One traveled 502 feet.
    1965 - Race riot in West Side of Chicago, IL.
    1966 - Longview, TX radio station KLUE-AM organized the first of the "Beatles bonfires," where ex-Beatle fans burned the groups' records in protest of John Lennon's recent "bigger than Jesus" comment. KLUE's radio tower was struck the next morning by lightning, throwing the station off the air. Meanwhile, Cleveland's Reverend Thurman H. Babbs, of the New Haven Baptist Church, calls for the excommunication of all Beatles fans.
    1967 - A planned Joan Baez concert at Washington DC's Constitution Hall was canceled after the Daughters of the American Revolution protested her recent anti-war remarks concerning Vietnam.
    1968 - WORLEY, KENNETH L., Medal of Honor.
Rank and organization: Lance Corporal, U.S. Marine Corps, 3d Battalion, 7th Marines, 1st Marine Division (Rein), FMF. Place and date: Bo Ban, Quang Nam Province, Republic of Vietnam, 12 August 1968. Entered service at: Fresno, Calif. Born: 27 April 1948, Farmington, N. Mex. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty while serving as a machine gunner with Company L, 3d Battalion, in action against enemy forces. After establishing a night ambush position in a house in the Bo Ban, Hamlet of Quang Nam Province, security was set up and the remainder of the patrol members retired until their respective watch. During the early morning hours the marines were abruptly awakened by the platoon leader's warning that "grenades" had landed in the house. Fully realizing the inevitable result of his actions, L/Cpl. Worley, in a valiant act of heroism, instantly threw himself upon the grenade nearest him and his comrades, absorbing with his body, the full and tremendous force of the explosion. Through his extraordinary initiative and inspiring valor in the face of almost certain death, he saved his comrades from serious injury and possible loss of life although 5 of his fellow marines incurred minor wounds as the other grenades exploded. L/Cpl. Worley's gallant actions upheld the highest traditions of the Marine Corps and the U.S. Naval Service. He gallantly gave his life for his country.
    1969 - The Boston Celtics NBA championship basketball team was sold for $6,000,000; the highest dollar figure ever paid, to that time, for a pro basketball team.
    1969 - Chuck Berry, Jethro Tull, Chicago Transit Authority, The Youngbloods and The Loading Zone @ San Francisco Fillmore West.
    1970 - The Hollywood Bowl holds a memorial concert for recently deceased folk legend Woody Guthrie, featuring (among others) Bob Dylan, Arlo Guthrie, Richie Havens, Pete Seeger, Odetta, and Tom Paxton.
    1970 – Curt Flood lost his $41 million suit against Major League Baseball.  Flood became one of the pivotal figures in the baseball’s labor history when he refused to accept a trade following the 1969 season, ultimately appealing his case to the Supreme Court. Although his legal challenge was unsuccessful, it brought about additional solidarity among players as they fought against baseball's reserve clause and sought free agency, now commonplace.
    1971 - Birthday of tennis player Pete Sampras, Washington, DC.
    1971 - Top Hits
“How Can You Mend a Broken Heart” - The Bee Gees
“Take Me Home, Country Roads” - John Denver
“Beginnings/Color My World” - Chicago
“I'm Just Me” - Charley Pride
    1972 - The last United States ground combat forces in Vietnam were withdrawn.
    1973 - Golfer Jack Nicklaus won his 14th major golf title, breaking a record held for nearly 50 years by Bobby Jones. Nicklaus won the PGA Championship for the third time.  Nicklaus finished his career with 18 major championships, still the best.
    1974 – New York Yankee teammates Mickey Mantle and Whitey Ford were inducted into the Baseball Hall of Fame, the first teammates to be so honored simultaneously.
    1975 - Marking his first real appearance on the national radar, Bruce Springsteen and the E Street Band performed the first of five sold-out shows at New York's Bottom Line.
    1978 - The Commodores have their first US number one single with "Three Times a Lady". Lionel Richie would later explain that he wrote the song after hearing his father give a touching speech at his 37th anniversary party.
    1979 - Top Hits
“Bad Girls” - Donna Summer
“Good Times” - Chic
“The Main Event/Fight” - Barbra Streisand
“Suspicions” - Eddie Rabbitt
    1980 - Songwriter, producer, and artist Todd Rundgren, his female companion, and three others were victims of a home invasion at his house in Woodstock, NY, bound and gagged by four masked intruders who stole art, stereo equipment, and recording equipment. One of the criminals hummed Todd's 1972 hit "I Saw the Light" to himself as the robbery takes place.
    1981 - IBM (International Business Machines) introduced the Model 5150 PC (personal computer). The IBM PC ran on the Intel 8088 microprocessor at 4.77 MHz with one or two 160K floppy disk drives. It had 16 kilobytes of memory, expandable to 256k, five 8-bit ISA slots, a 65-watt power supply, no built-in clock, no built-in serial or parallel ports, and no built-in video capability -- it was available with an optional color monitor. MS-DOS 1.0/1.1 was issued with the PC (IBM later released its own operating system: PC-DOS). Prices started at $1,565. The IBM PC was a smashing success and IBM quickly became the #1 microcomputer company, with Apple dropping to #2, primarily because it was one-third the cost and available at Sears-Roebuck and many other retail stores, plus direct from IBM with a lease-finance plan both for consumers and business, including many start-ups (it followed their typewriter leasing-finance plan with maintenance available).
    1982 – Mexico announced that it is unable to pay its enormous external debt, marking the beginning of a debt crisis that spreads to all of Latin America and the Third World.  Citi’s then CEO, Walter Wriston, a holder of a considerable amount of this debt, once declared them to be the safest investment because “countries don’t go bankrupt.”
    1982 - The Minnesota Vikings, who for years used to the frozen tundra of Minneapolis's Metropolitan Stadium as a significant home-field advantage, made their debut in the Hubert H. Humphrey Metrodome. They beat the Seattle Seahawks in a preseason game.
    1987 - Top Hits
“I Still Haven't Found What I'm Looking For” - U2
“I Want Your Sex” - George Michael
“Heart and Soul” - T'Pau
“One Promise Too Late” - Reba McEntire
    1988 - The Red Sox beat the Tigers 9-4 for their 23rd consecutive win at Fenway Park establishing a new major league record [the streak will end after one more home victory]. The 1931 Philadelphia Athletics had previously set the league mark with 22 straight home victories.
    1988 - Fifteen cities in the northeastern U.S. reported record high temperatures for the date. Youngstown, OH reported twenty-six days of 90 degree weather for the year, a total equal to that for the entire decade of the 1970s.
    1990 – Sue, the largest and most complete Tyrannosaurus Rex skeleton found to date, was discovered by Sue Hendrickson at the Cheyenne River Reservation in South Dakota.  It has a length of 42 ft., stands 13 ft. tall at the hips, and was estimated to have weighed more than 6.4 metric tons when alive. After ownership disputes were settled, she was auctioned in October 1997 for US $7.6 million, the highest amount ever paid for a dinosaur fossil.  It is now a permanent feature at the Filed Museum of Natural History in Chicago.
    1992 - The United States, Mexico and Canada agreed to form a free-trade zone that would rank as the world's largest single trading bloc.  Known as NAFTA, the U.S. Chamber of Commerce credits NAFTA with increasing U.S. trade in goods and services with Canada and Mexico from $337 billion in 1993 to $1.2 trillion in 2011, while the AFL-CIO blames the agreement for sending 700,000 American manufacturing jobs to Mexico over that time.  The U.S. goods trade deficit with NAFTA accounted for 26.8% of the overall U.S. goods trade deficit in 2010.
    1993 - President Bill Clinton signed a bill providing $6.2 billion in federal relief to victims of floods in July and August for nine states from North Dakota to Missouri. Due to the record rains in the spring of up to 200 percent above average, the Midwest suffered 50 deaths, 70,000 left homeless and an estimated $12 billion in damage as of August 9, 1998.
    1994 - "Woodstock '94" was held in Saugerties, New York. About 350,000 attended the show, which included mud fights and performances by Green Day, Nine Inch Nails, Aerosmith and the Red Hot Chili Peppers
    1994 - In baseball's eighth work stoppage since 1972, players went on strike rather than allow team owners to limit their salaries. The work stoppage will lead to the cancellation of the World Series and a delayed opening of next season.
    1996 - National Hockey League general managers agreed upon a rule change taking effect at the start of the 1996-1997 season. If fans litter the ice during the game, the referee is empowered to give a warning and then, if the offense is repeated, to penalize the home team for delay of game. The rule was a response to fans of the Detroit Red Wings, who tradition called for throwing octopi on the ice, and more particularly to fans of the Florida Panthers, who littered the ice with plastic rates after Panther goals during the 1995-96 season.
    1997 - MTV debuts the Fleetwood Mac reunion concert. The special was taken from two performances at a Warner Brothers soundstage a few months earlier.
    2007 - Fats Domino was honored as an "American Music Legend" by the Recording Industry Association of America.
    2011 – The health insurance mandate from the Patient Protection and Affordable Care Act was struck down by the U.S. court of Appeals for the Eleventh Circuit.
    2014 - A home-based colon cancer screening test by Exact Sciences Corp. has received approval by the U.S. Food and Drug Administration; patients must receive a doctor's prescription in order to purchase the test.


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