Friday, August 6, 2021
Today's Leasing News Headlines
Marlin Business Services Shareholders Meeting
Votes to Go Ahead Merger/Related Compensation Proposal
Will the Pending Conferences to Be Held in September and
October Become Virtual, Postponed, or Cancelled?
U.S. COVID-19 Cases Keep Rising, Surpassing Last Summer's
Peak: Seven Day Rolling Average Cases per Million
Millions of American Still Fear Eviction
as the 60-Day Pending Moratorium Still Exists
New Hires/Promotions in the Leasing Business
and Related Industries
Leasing Industry Ads
Time to Improve your Income
Ford Reports Robust Growth in EV Sales,
Orders Up in July Sales
Pending Home Sales Post 7% YoY Increase in June
Smallest Year-over-Year Increase Since June 2020
Richard Donner (1930 - 2021) Films--The Omen
Superman/Lethal Weapon/ Scrooged/16 Blocks
Reviews by Leasing News' Fernando Croce
Granite Bay, California Adopt-a-Dog
Most Influential Lawyers
in Equipment Finance and Leasing
Moderna says we'll need COVID-19 booster shots this fall,
predicting that protection from its vaccine will wane
Amazon delays office return to January 2022 as
rise of Delta variant thwarts corporate plans
BlackRock and Wells Fargo Delay Return
to Office on Delta Concerns
Advocate Aurora hospital system mandating
COVID-19 vaccines for its 75,000 workers
Google approved 85% of the roughly 10,000 requests
it received for remote work or relocation
Panera Unites with Caribou, Einstein Bros. to Form New
Fast-Casual Platform covering 4,000 Locations
Chuck E. Cheese Looks To Fill 3,500 Jobs
To Meet Guest Demand
Exec Producer of Jeopardy Decides
To Just Make Himself The Host
You May have Missed---
Fauci says he fears a COVID variant worse
than Delta could be coming
Broker/Funder/Industry Lists | Features (wrilter's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months
www.leasingcomplaints.com (Be Careful of Doing Business)
Leasing News Icon for Android Mobile Device
California Nuts Brief---
"Gimme that Wine"
This Day in History
Weather, USA or specific area
######## surrounding the article denotes it is a “press release,” it was not written by Leasing News nor has the information been verified. The source noted. When an article is signed by the writer, it is considered a “byline.” It reflects the opinion and research of the writer.
Marlin Business Services Shareholders Meeting
Votes to Go Ahead Merger/Related Compensation Proposal
Item 5.07. Submission of Matters to a Vote of Security Holders
At a Special Meeting of Shareholders of Marlin Business Services Corp. (the “Company”) held on Wednesday, August 4, 2021, at 9:00 a.m. Eastern time (the “Special Meeting”), shareholders holding 9,776,160 shares of the Company’s common stock, par value $0.01 per share, were present, individually or by proxy, representing approximately 81.26% of the 12,030,269 shares of the Company’s common stock that were issued and outstanding as of June 25, 2021, the record date for the Special Meeting.
At the Special Meeting, the Company’s shareholders (i) approved the adoption of the Agreement and Plan of Merger, dated as of April 18, 2021, by and among the Company, Madeira Holdings, LLC and Madeira Merger Subsidiary, Inc. (the “Merger Agreement”), which provides that, upon the terms and subject to the conditions set forth in the Merger Agreement, Madeira Merger Subsidiary Inc., an indirect wholly-owned subsidiary of funds managed by HPS Investment Partners, LLC (“HPS”), will be merged with and into the Company with the Company surviving the merger and becoming a wholly-owned subsidiary of funds managed by HPS (the “Merger”), for $23.50 per share of Company common stock in cash, without interest, and subject to adjustment as set forth in the Merger Agreement (the “Merger Proposal”), (ii) approved, on a non-binding advisory basis, the compensation of the named executive officers of the Company based on or that otherwise relates to the Merger and the Merger Agreement, as disclosed pursuant to Item 402(t) of Regulation S-K (the “Merger-Related Compensation Proposal”) and (iii) approved one or more adjournments of the Special Meeting, if necessary or advisable, including adjournments to permit further solicitation of proxies in favor of the Merger Proposal if there are insufficient votes at the time of the Special Meeting to approve the Merger Proposal (the “Adjournment Proposal”). The proposals are described in further detail in the Company’s definitive proxy statement for the Special Meeting filed with the Securities and Exchange Commission on Schedule 14A on June 30, 2021.
Votes cast at the Special Meeting were as follows:
Will the Pending Conferences to Be Held in September
and October Become Virtual, Postponed, or Cancelled?
Many major companies are not only requiring vaccinations but are no longer requiring employees back into their offices. Will this spread to the Leasing and Finance Associations Meeting and Conferences? At this time, there have been no formal announcements.
Leasing News has learned there are board conferences on the subject, some being planned now, others being discussed. There are existing policies of returning deposits or postponing as well as hotel and airline policies to consider.
You are not fully vaccinated until 2 weeks after the second dose of a 2-dose vaccine or 2 weeks after a single-dose vaccine.
Stay tuned for announcements.
Millions of American Still Fear Eviction
as the 60-Day Pending Moratorium Still Exists
President Joe Biden on Tuesday announced a new 60-day moratorium on evictions, effectively extending the nationwide moratorium that the federal government had allowed to expire three days prior. The move will delay the evictions from their homes just as the Delta variant ravages communities across the country.
The CDC order will expire Sunday, October 3, 2021, and applies in U.S. counties experiencing substantial community transmission levels of COVID-19. Not considered are landlords who are reportedly owed thousands of dollar by tenants.
This is what it looks like on a chart before another two months was put off, but remember, it adds two more monthly payments to the situation:
The seriousness and ability for the government to coordinate all of this is overwhelming, according to DS News, who reports on mortgage rates and processes.
DS News writes, “Mortgage servicers in this era of widespread expiring forbearance plans face what experts are calling "staggering" operational challenges which have been exacerbated as various agencies—including Federal Housing Finance Agency and Federal Housing Administration—issue updated expiration timelines, regulatory requirements, and complex loss mitigation waterfalls. Expounding on the latest Mortgage Monitor study from the data and analytics team at Black Knight.”
Black Knight Division President, Data and Analytics, Ben Graboske details the daunting task—enormous responsibility to borrowers—facing today's loan servicers:
"Prior to the agencies issuing clarifying guidance on allowable forbearance periods, some 950,000 plans were set to expire over the final six months of the year—representing about half of all loans in forbearance. That estimate assumed a blanket 18-month maximum allowable forbearance period. However, now we have detailed matrices of differing forbearance periods across the various agencies.
“Depending upon the specific agency and when forbearance was initially requested by the homeowner, a plan can have a 6-, 12-, 15- or 18-month limit. Assuming borrowers stay in for the maximum allowable term, this means plans that started as much as seven months apart are now scheduled to expire simultaneously, frontloading expirations of forbearance plans sooner than estimated.
"As a result, 65% of active plans—representing approximately 1.2 million homeowners—are now set to expire over the rest of 2021, including nearly 80% of all FHA and VA loans in forbearance. Nearly three quarters of a million plans were to expire in September and October alone, but now postponed for many another two months.
“Then over the course of just two months this winter, the nation's mortgage servicers would have to process up to approximately 18,000 expiring plans per business day, guiding borrowers through complex loss mitigation waterfalls directed by changing regulatory requirements.
“The operational challenge this represents is staggering, even before noting the oversized share of FHA and VA loans. Given the heightened challenges those borrowers may face in returning to making mortgage payments as compared to those in GSE loans, effective loss mitigation efforts and automated processes become even more critically important."
The report also unearthed some vital information related to principal, interest, taxes and insurance (PITI) payments and how they are affecting past due loan payments.
"Past-due PITI payments have risen by $32 billion since the onset of the pandemic," according to the report.
"More than $9 billion in homeowner assistance funds (HAF) have been allocated as part of the American Rescue Act to help assist borrowers with past-due payments. Assuming 100% of allocated HAF dollars goes directly to helping homeowners become current on missed mortgage payments—unlikely, given the program outlines other potential uses—the allocated funds would cover approximately 30% of the pandemic-related rise in past-due mortgage payments at the national level. However, that percentage varies noticeably from state to state, with some states' minimum HAF allocation enough to more than pay off all pandemic-related, past-due mortgage payments, while that of other states barely covers a tenth of outstanding volumes."
Much more detail can be found in Black Knight's June 2021 Mortgage Monitor Report, available on www.BlackKnightinc.com.
In the meantime, there are still too many fighting not getting the vaccine, or even wearing a mask when many physicians recommend it is necessary to stop the spread of the Delta Virus, and possibly even another mutation.
New Hires/Promotions in the Leasing Business
and Related Industries
James Beato was promoted to Director of Credit and Collections, PLM Fleet LLC dba PLM Trailer Leasing, Newark, New Jersey. He joined the firm June, 2017, as Credit and Collections Manager. Previously, he was Senior Financial Analyst, Planet Consulting (August, 2015 - March, 2016); Regional Credit Manager, Associated Foreign Exchange (June, 2013 - June, 2015); Regional Credit Control Manager, Misys Banking Systems (March, 2009 - May, 2013). He joined PLM Trailer Leasing February, 2002, Credit Manager; promoted January, 2003, Corporate Credit Manager; promoted January, 2004, Director of Corporate Credit. He began his career as Collector/Senior Collector, Copelco Capital, Inc, April, 1991; promoted January, 1993, Workout Manager; promoted October, 1994, Portfolio Manager; promoted October, 1996, Collection Manager. Education: University of Pennsylvania, Bachelor of Arts (B.A.), American History (United States) (1985 - 1989). Ruger University, Management Development Program. https://www.linkedin.com/in/jamesbeato/
Eileen Carter was hired as Business Development Manager, Streamline Financial Solutions, Suwanee, Georgia. She is located in Birmingham, Alabama. Previously, she was Account Executive, Quail Financial Solutions (Quail Capital) (July, 2019 - June, 2021); Vice-President Sales, Ascentium Capital (August, 2017 - June, 2019); Owner, EMC Capital Group, LLC (July, 2015 - July, 2017). Language: Spanish. Education: Pace University, Pleasantville/Briarcliff Campus. Bachelor of Business Administration (B.B.A.), International Business (1981 - 1985). https://www.linkedin.com/in/eileen-carter-4a20521a/
Kyle Cerone, CLFP, was promoted to Vice President, Vendor Finance, First American Equipment Finance, Rochester, New York. He joined the firm February, 2016, AVP, Vendor Finance (February, 2016). Previously, he was Small Business Consultant, ADP, October, 2014 - January, 2016); Sales Associate, CGI Communications (December, 2012 - June, 2014). Certification: Introduction to Financial Accounting, Coursera Course Certificate, Issued November, 2016. Certified Lease and Finance Professional (2018). Education: Roberts Wesleyan College, Bachelor's degree, Organizational Leadership. Monroe Community College, Associate's degree, Physical Sciences (2005 - 2008). https://www.linkedin.com/in/kylecerone/
John Gill was hired as Equipment Finance/IT Implementation and Delivery, Program Management, Senior Customer Success Manager, Odessa, Philadelphia, Pennsylvania. He is located in Haddonfield, New Jersey. Previously, he was Environmental Risk Mitigation Specialist, Pivot MedTech LLC (September, 2020 - June, 2021); Equipment Remarking Specialist, New Business Development and Global Supply Chain Operations, Canon, USA (September, 2015 - June,, 2020); Senior Remarketing Specialist, Leased Equipment Sales, DLL (February, 2008 - July, 2015); Account Manager, Territory Sales, Xerox (June, 2007 - February, 2008); Case Manager, Muscular Dystrophy Association (July, 2006 - May, 2007). Education: La Salle University, Bachelor of Arts (B.A.), English Language and Literature General (2001 - 2005); La Salle College High School (1997 - 2001).
Evan Harvie was hired as Vice President of Vendor Finance Solutions, Delta Financial Group, Basking Ridge, New Jersey. He is located in St. Petersburg, Florida. Previously, he was at Key Equipment Finance, starting March, 2010, as Collateral Services Specialist; promoted December, 2011, IT Equipment Analyst; promoted December, 2014, Senior Equipment Analyst; promoted March, 2017, Industrial Segment Leasing Manager; Back Server, Colt and Gray, September, 2009 - November, 2009); Delivery Driver, Blackjack Pizza Incorporated (aril, 2007 - September, 2009); Sales Intern, Engle and Voelkers Real Estate International (June, 2008 - August, 2008); Shift Manager, International Activator Incorporated (June, 2004 - January, 2006); Summer Intern, AccreditED Home Lenders (June, 2004 - August, 2004). Education: University of Denver, Bachelor of Science, Finance (2005 - 2009). Ecolesuperieure des Commerce, Master II, Finance Business Systems, Strategic Management, Corporate Restructuring, and Disaster Recover (2008 - 2009). https://www.linkedin.com/in/evanharvie/
Jarrod Hicks was hired as Director of Originations, Clarus Capital, Boston, Massachusetts. He is located in Bonita Springs, Florida Previously, he was Senior Vice President, SLR Equipment Finance, formerly Nations Equipment Finance (March, 2016 - August, 2021); Director, Equipment Finance Originations, CIT (2014 - March, 2016); Vice President, Business Development, Nations Equipment Finance, LLC (November, 2011 - March, 2014); Senior Account Executive, Talmer Commercial Finance (March, 2014 - 2014, less than a year); Senior National Account Manager, First National Capital Corporation (March, 2005 - August, 2011); Equity Line Mortgage (January, 2003 - March, 2005). Education: Kent State University, Bachelor’s Degree, Communication Studies (2001 - 2003). The Ohio State University, Undergraduate Studies (1999 - 2001). Activities and Societies: Theta Xi. Aurora High School, Aurora, Ohio, Graduate, 1998.
Tony Montemurro was hired as Vice President, Business Development and Portfolio Services, Alliance Funding Group, Tustin, California. He is located in Las Vegas, Nevada. Previously, he was Vice President, TCF Capital Solutions (December, 2013 - July, 2021); Vice President, National Account, MB Financial Bank (2003 - 2013); VP, Sales, First American Equipment Finance (2002 - 2003); Senior Manager Leasing Programs, Gateway (1999 - 2002); Manager, Leasing Solutions, Ingram Micro (1997 - 1999); Sales Director, American Technologies Credit (1995 - 1997); Assistant Vice President, Premier Banking, Wells Fargo (1992 - 1995); District Manager, California First National Bank (1988 - 1992). Volunteer: Working on Certificate for Dog Sitter, Guide Dogs for the Blind (January, 2015 - Present). Volunteer, Guide Dogs for the Blind (January, 2016 - Present); Director of Business Development and Vendor Relations, Member-at-Large, HIMSS Hawaii, Alaska Chapter (July, 2020 - Present). Education: Georgetown University (B.A.) (1984 - 1988). Activities and Societies: Alpha Sigma Nu Honor Society, Interpretation/Translation Services. University of California, Los Angeles, Master's Degree (1992 - 1994). Universidad del Salvador, Buenos Aires, Argentina (1987). Activities and Societies: Intentional Consulting Advisory. University of California, Irvine. Certificate, eBusiness (1998 - 1999). eCommerce, On-Line Business Marketing. https://www.linkedin.com/in/tony-montemurro-ab1aa13/
Martin Murphy was promoted to Vice President, General Manager, Tandem Finance, Houston, Texas. He is located in the Detroit Metropolitan Area. He joined the firm February, 2019, as Vice President. https://www.linkedin.com/in/martin-murphy-a5070b69/
Tom Murray was hired as Managing Director, Equipment Finance, Wingspire Capital LLC, New York, New York. Previously, he was Senior Vice President - Capital Markets, City National Bank, Capital Finance, Greater ( May, 2015 - July, 2021); Senior Vice President, National Sales Manager, Bridge Funding Group, Equipment Finance (January 2013– April 2016); Managing Director - Team Leader, Large Corporate and Capital Markets, TD Bank Equipment Finance (September 2010–December 2012); Managing Director, CIT Finance Investment Bank (September 2005–January 2009); Managing Director, GE Commercial Finance (1996–2005). Education: Pace University, Bachelor of Business Administration (BBA), Finance, General (1978–1981).
Help Wanted Ads
Ford Reports Robust Growth in EV Sales,
Orders Up in July Sales
F-150 Lightning reservations exceeded 120,000. Almost 80% of the fully electric Lightning truck customers are coming from other brands, with most orders coming from California and bringing new people to the full-size truck segment.
Ford released July 2021 sales figures on Aug. 4 with the following highlights and tidbits of interest, particularly in the electric vehicle market:
- Ford’s electrified vehicle portfolio achieves new July sales record, while expanding Ford’s electrified presence in California. Ford’s electrified vehicle sales were up 57.5% on sales of 9,103 vehicles, with Mustang Mach-E and F-150 PowerBoost Hybrid leading the way with sales of 2,854 and 4,498, respectively. F-150 PowerBoost Hybrid had its best sales performance since launch, with sales up 23.4% percent compared to June.
- F-150 Lightning reservations exceeded 120,000. Almost 80% of the fully electric Lightning truck customers are coming from other brands, with most orders coming from California and bringing new people to the full-size truck segment.
- Mustang Mach-E July sales grew 15.8% in July compared to June; through July of this year, it’s now in second place in the rapidly growing battery electric sport utility segment.
- With just 12 days to turn, Mustang Mach-Es are gone as soon as they hit dealer showrooms. 95% of Mustang Mach-E customers are opting in for the proprietary Blue Oval Intelligence software stack service. Over-the-air updates have been delivered to more than 150,000 customer vehicles of all types this year.
- Ford’s recent acquisition of Electriphi is expected to accelerate Ford’s electric fleet adoption by offering commercial customers depot charging management for vehicles like E-Transit and F-150 Lightning Pro. Ford’s E-Transit has over 20,000 reservations and growing.
- Ford advances disruptive automotive technology with about 2.4 million monthly active users in the U.S. on FordPass and Lincoln Way – up from 1.3 million a year ago. Activation rates as high as 97% on Mustang Mach-E; high engagement across the entire Ford / Lincoln lineup at 82.4% – up almost 5 ppts since 2019.
- The upcoming Ford Maverick now has about 80,000 reservations, with the largest number coming from California. Year-to-date, F-Series has sold 414,346 trucks on record turn rates. Ford expanded its lead this month and stands at 59,508 trucks over its second-place competitor.
- Overall, retail orders further expand, spring-loading Ford for growth. Ford’s retail order bank increased over 70,000 units, excluding Bronco and Maverick retail orders, which is 10 times the normal retail order rate compared to year ago.
- With new truck and SUV vehicle introductions and sales of high-series trim SUVs up 6.7% over July last year, transaction prices are up about $8,400 at almost $50,000 per vehicle. July’s incentive spend as a percentage of transaction pricing was 3.5% per vehicle, down more than 7 ppts over a year ago and 1.4 ppts lower than the overall industry.
- Ford rapidly grows its accessory business, with further expansion expected. Through the first half of the year, Ford’s accessory business was up 23% and on track for a record year.
Source: Automotive Fleet
Pending Home Sales Post 7% YoY Increase in June
Smallest Year-over-Year Increase Since June, 2020
A new study from Redfin has found that pending home sales posted their smallest year-over-year increase (7%) since late June 2020. The supply of homes for sale continued to plateau, as the number of newly listed homes for sale followed its slow seasonal decline. Home sale prices—a lagging indicator and a notable exception to the cooling trend—continued their steady ascent, up 19% year-over-year to $364,250.
Pending home sales were up 7%, the smallest year-over-year increase since the four-week period ending June 27, 2020. Sales fell 12% from their 2021 peak hit during the four-week period ending May 30—a seasonal decline that's to be expected, but is slightly larger than the drop in years past. By comparison, pending sales dropped 8% during the same period in 2019.
Active listings were up 12% from their 2021 low during the four-week period ending March 7, but have remained largely flat since late June.
As lack of affordability and inventory, intense competition, and other expenses such as property taxes and maintenance costs contribute to a toughening market for home-owning hopefuls, many are finding condominiums as an alternative. Redfin found that seasonally-adjusted condo sales were up significantly in June, rising 59.7% year-over-year, and pending sales were up 38.2% year-over-year. The typical condo sold for $304,000 in June, an estimated 0.07% above the average listed price.
Homes continue to move at a fast clip, as 37% of homes that went under contract had an accepted offer within one week of hitting the market, up from 32% year-over-year, but down 6.2 percentage points from the high point of the year, set during the four-week period ending March 28. Homes that sold were on the market for a median of 16 days, one day slower than the all-time low set in mid-June, and 20 days faster than one year ago.
Watch at Home
The versatile director behind many a famous blockbuster, Richard Donner (1930-2021) left his mark on action, horror, fantasy, drama, and comedy. Check out our list (and Netflix) for this dependable professional’s top work.
The Omen (1976): After years of TV work and sleepers, Donner had his first commercial success with this memorable horror tale, whose shocks resonated with audiences searching for another “The Exorcist.” When his wife Katherine (Lee Remick) gives birth to a stillborn baby, American diplomat Robert Thorn (Gregory Peck) decides to adopt a boy named Damien (Harvey Stephens). The family’s happiness is short-lived, however, as a wave of mysteriously sinister happenings seems to follow Damien. When a photographer (David Warner) meets a gory demise and a strange new nanny (Billie Whitelaw) arrives unannounced, Robert decides to investigate. What he discovers goes beyond a bad seed and into decidedly demonic terror. Bringing class and mood to the lurid premise with the help of his cast, Donner was ready for bigger productions.
Superman (1978): “You’ll believe a man can fly,” read the original posters for this legendary crowd-pleaser, the still-stirring forerunner to today’s iron-jawed, flowing-caped heroes. The story starts as the planet Krypton is destroyed and its leader Jor-El (a brief, majestic cameo by Marlon Brando) sends his son to Earth, where he grows to be Clark Kent (Christopher Reeve). Able to fly through the skies and stop bullets, Kent lives a double life as a meek reporter at the Daily Planet newspaper and as Superman, the world’s fantastic protector. His identity, as well as the planet itself, comes under threat by a nefarious plan by criminal master Lex Luthor (Gene Hackman). Combining humor, action and famous characters (including Margot Kidder as Lois Lane), Donner’s classic has lost none of its charm.
Lethal Weapon (1987): One of the director’s biggest hits, this blockbuster is a signature Eighties action flick (not to mention an unlikely Christmas entry). Its motor is the marvelously mismatched pairing of Mel Gibson and Danny Glover as Los Angeles detectives investigating a murder case with roots going back to the Vietnam War. Martin Riggs (Gibson) is a loose cannon unmoored by his wife’s death, and prone to manic, suicidal outbursts. Roger Murtagh (Glover) is his opposite number, a balanced family man getting too old for such risky shenanigans. Together they uncover a massive drug-trafficking ring pointing to a retired military general (Mitchell Ryan) with a deadly right-hand man (Gary Busey). Mingling volatile shootouts with wisecracks, Donner’s film remains a rousing ride even after slews of sequels and imitators.
Scrooged (1988): A rare comedy from action-specialist Donner, this satirical update of Charles Dickens’ “A Christmas Carol” has the inimitable Bill Murray in the Ebenezer Scrooge role. Murray plays Frank Cross, a successful but heartless TV executive who, alienated from all his loved ones, settles in for a Christmas night by himself. Visited by a trio of spirits, however, he sees how his ambition came between his original ideals, his family, and the woman he loves (Karen Allen). With past and present blurred, and with a fired employee (Bobcat Goldthwait) frantically seeking revenge, can he turn his life around before it’s too late. Featuring hilarious appearances from Carol Kane and David Johansen, this modern-day Dickens benefits immensely from the punch and heart Murray brings to it.
16 Blocks (2006): Donner’s last film has the veteran filmmaker in solid form, fashioning a bracingly old-fashioned yarn that might have been a Western if it weren’t an urban crime thriller. Jack Mosley (an underrated performance by Bruce Willis) is a seasoned NYPD detective given a routine assignment that quickly spins out of control. Tasked with transporting a trial witness named Eddie (Mos Def), he finds himself followed by killers. Gradually he realizes that the men who want Eddie dead are fellow police officers, and that he was chosen for the job because of his boozy incompetence. Making one last stab at personal integrity, Jack takes it upon himself to see the assignment to the very end. Sharp, tense and utterly satisfying, it is the perfect picture for the veteran professional to go out on.
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I know I'm just a dog but, if you feel sad, I'll be your smile, if you cry, I'll be your comfort. And ,if someone breaks your heart, we can use mine to go on. I'll always be by your side. I would do best in an adult home with older kids in a rural setting and be the only dog. I'll keep coyotes, killer rabbits, birds of prey and other predators from harming my people. I'm tough and sweet all at the same time.
Note: Great Pyrenees are considered a Giant Breed. The average weight can be 100lbs. or more. They bark, shed, and have a wanderlust, so secure fences are a must-have. They are NOT off-leash dogs and a Pyr off-leash is called a "dis'a'Pyr". Some Pyrs do well with other dogs and some don't because by the virtue of the breed traits they were bred to keep out intruders and can consider some dogs as intruders. While they make wonderful pets and family dogs, they aren't for everyone so be sure to understand and learn about the breed traits of this breed or any breed you might be considering.
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Granite Bay, CA
From Maya Adopt-a-Dog Posting Wednesday Leasing News
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Leading Edge Capital
Most Influential Lawyers
in Equipment Finance and Leasing
Thomas V. Askounis
Joe Bonanno, CLFP
James Coston, CLFP
Kenneth Charles Greene, Esq.
Michael A. Leichtling
Malcolm C. Lindquist
Barry Marks, Esq., CLFP
David G. Mayer
Allan J. Mogol
John G. Sinodis
Stewart Abramson has been a leading lawyer in the Equipment Finance industry for more than thirty years. During this time he has been General Counsel of North American Corporation/National Equipment Rental, General Counsel of Charter Financial, Inc. and Managing Counsel for Wells Fargo, leading the legal group that supports all of Wells Fargo’s equipment finance businesses. He is a past chairman of the ELFA Legal Committee, has been an active member of numerous ELFA committees for many years, is a frequent speaker at industry conferences, and has written articles on industry related topics. However, beyond his expertise, industry activity and experience, the key indicator of his influence is the frequency of which both lawyers and business people across the industry seek his advice on equipment financing matters. From providing advice about regulatory issues to sharing his thoughts on structuring transactions to providing market intelligence, Stewart is a frequent and influential counselor to the industry.
Andrew K. Alper is a recognized influential attorney representing equipment lessors, funding sources, and other financial institutions since 1979. He is a longtime contributor to the Legal Column for the Monitor magazine. He has been a director of Western Association of Equipment Lessors and United Association of Equipment Lessors, now the National Equipment Finance Association, as well as being active with the Equipment Leasing and Finance Association, including serving as instructor for its Principles of Leasing class. He has presented seminars on Equipment Leasing for the Los Angeles County Bar Association. Mr. Alper also sits on the Los Angeles County Bar Commercial Law Committee.
Thomas V. Askounis is in the news frequently, handling many major leasing and finance cases. He is very active with the Equipment Leasing and Finance Association, currently serving as a member of the Board of Directors and the Service Providers Business Council. He also served on the Board of Directors of the now National Equipment Finance Association. He previously served as President of the Hellenic Bar Association and is currently a member of the Leasing Subcommittee of the American Bar Association. He has 40 years’ experience in many top leasing and finance cases.
Julie Babcock has been practicing law in the leasing industry since 1993. Julie joined the Key Equipment Finance law group in 2002 and is currently legal counsel for the Specialty Finance, Vendor, and Syndications groups. For a brief period, Julie left Key Equipment Finance to provide legal counsel for KeyBank’s Commercial Lending Group, supporting commercial real estate, real estate construction, commercial loan servicing, healthcare, Native American lending, asset- based lending, letters of credit, SBA, multi-family, and middle market lending.
Prior to joining Key, Julie was the head of the Legal Department at Republic Financial Corporation, Assistant General Counsel at MetLife Capital Corporation, an associate with the law firm of Bogle & Gates, and an Independent Petroleum Landman. She has been a frequent speaker at the Legal Forum of the Equipment Leasing and Finance Association. She received the Award for the Article Making the Greatest Contribution to the Leasing Industry for her article, “Buyer Beware: Key Issues Related to Acquisitions,” Journal of Equipment Lease Financing, Vol. 13/No. 1, Spring, 1995.
A Colorado native and avid Colorado Buffaloes fan, she earned her Bachelor of Science degree (with distinction) and her Juris Doctor degree (Order of the Coif) from the University of Colorado in Boulder, Colorado. She lives in Windsor, Colorado with her husband and three dogs.
Joe Bonanno, CLFP, and Barry Marks should be credited with the great help they gave in the formation and beginning of the National Association of Equipment Brokers. His position as Legal Counsel with the NAELB for 20 years ended in February 2017. (1) In 1998, Barry left from alternating as the Legal Counsel for the association. Joe has not only contributed much here but to members and non-members with legal questions and dilemmas. He brought the progress of education, ethics, and goodwill to the industry, including serving on the CLFP Foundation board for many years and having been a consultant to The World Bank for leasing education in other countries. A major influence in the leasing industry, never too busy for anyone and always available to answer questions, seemingly day and night. Extremely well respected by the leasing broker community as well as funders.
- Attorney Joe Bonanno "Discharged" by NAELB Board at Tumultuous Wednesday Meeting
(Note: Requested to add news story by Mr. Bonnano. Editor)
Bill Carey served as General Counsel and Corporate Secretary for USXL since it was founded in March 2004, and he continued in that position at Tygris Vendor Finance, now EverBank Commercial Finance. He has over 15 years of experience in the commercial finance industry, serving in leadership positions as an attorney with CIT, Newcourt Commercial Finance and AT&T Capital, and handling transactions in vendor leasing, commercial lending, fractional aircraft finance and venture leasing, M&A and other corporate finance matters. For a three-year period, Bill was the executive vice president and general counsel of a London-based technology publisher.
He also received two additional nominations:
"Bill Carey is the most effective leasing lawyer I have ever worked with—and I have worked with many! Bill is the perfect example of a legal business partner, akin to an HR business partner, or a Finance business partner. He provides timely, organized, and meaningful legal guidance to senior management regarding overall business matters, and to the sales teams regarding individual transactions and/or vendor program legal issues and opportunities."
"I worked with Bill for over 5 years while at *** and found him to be one of the best in the business for many reasons. In sales-driven organizations, in-house counsel often have to maintain a fine balance, managing risk by providing good sound legal advice while not being so conservative that they become an obstacle to the company achieving its mission. Bill always excelled at that; he understands the business. He was reasonable and creative in his approach to resolving problems, very accessible, responsive and balanced. He was always a gentleman in his dealings with customers and vendors, diplomatic and poised regardless of the situation. In addition, Bill was a great coach to his Legal Dept. as well as to his internal “clients,” always making time for a teaching moment. Bill is well known in the industry. He has served as a past Chair of the ELFA Legal Committee and I’m certain he left his positive mark there as well."
Richard M. Contino is an internationally-recognized equipment leasing expert, with an extensive legal, business, marketing, tax, transaction structuring, financial and management background. He is an advisor on all types of start-up and on-going equipment leasing business activities for lessors, lease lenders and syndicators, equipment vendors, lease investors and corporate lessees. He is former General Counsel of De Lage Landen, Wayne, Pennsylvania, a subsidiary of The Rabobank Group, and the 14th largest equipment lessor in the U.S. Mr. Contino is the author of eight books on business, negotiating, and equipment leasing. He has conducted private on-site and publicly-held business success, communication, finance, and negotiation seminars throughout the United States for professional organizations (e.g., American Management Association, Equipment Leasing and Finance Association, Illinois Institute of Continuing Legal Education, National Seminars Group, Practicing Law Institute, and University of California Graduate School of Law) as well as corporations (e.g., AT&T, EXXON Corporation, NYNEX, and Texas Instruments Corporation). He is a retired JAG Captain, US Air Force.
James Coston, CLFP, active in several leasing associations, was the first attorney
serving as President (2004) of the United Association of Equipment Leasing, now National Equipment Finance Association. Counsel for leading financial institutions and other lenders and lessors for litigation and management of regional and national contracts and accounts. Active in major cases. Also an entrepreneur and active in railroad transportation; politically active.
Jonathan Fleisher is a Toronto, Canada attorney whose practice
focuses on the commercial finance industry with a particular emphasis on innovative cross-border transactions and equipment and asset finance, where he has been recognized as a leading lawyer by the Canadian Legal Expert Directory and Best Lawyers. He has particular expertise assisting public and private US commercial finance companies with both establishing operations in Canada and purchasing and selling finance and lease companies, providing both legal and practical business advice. He is also a prolific writer on topics related to equipment finance and cross-border transactions. Jonathan is the legal editor for Fleet Digest magazine and has completed both the Equipment Finance and Subordinated Debt chapters for Canadian Forms & Precedents. He has also drafted specific guides for US lenders expanding operations to Canada. He is a Director of the Canadian Finance and Leasing Association, Member of the Legal Committee of the Equipment Leasing and Finance Association, member of the American College of Commercial Finance Lawyers.
Marshall Goldberg has been an active member and leader for many years in financial institution associations, including the Equipment Leasing and Finance Association ("ELFA"), and the National Vehicle Leasing Association ("NVLA"). For ELFA, Marshall has served on the Legal Committee, the Credit and Collections Management Committee and as a member of the Editorial Review Board of the Journal of Equipment Lease Financing. He is currently the Chairman of the Professional Development, Education and Information Sub-Committee for the ELFA Legal Committee. He is responsible for developing, organizing, managing and editing the Legal Website, which includes an online compendium of legal issues pertaining to the 50 States, "What's New in the Law," and the "Catalogue of Legal Information." He developed and now chairs and monitors the Legal Listserve, an daily online forum for attorneys to discuss pertinent legal issues. He is also the sole 2009 recipient of the annual "Excellence in Leasing Award," presented on behalf of ELFA and its Legal Committee.
Marshall is co-author and co-editor of the “Executive Guide to Remedies,” and the “Executive Guide to Lease Documentation.” He also speaks and instructs extensively within the legal and business communities. He has given numerous educational and strategic seminars throughout the United States on subjects including Loan and Lease Enforcement, and he provides annual legal update presentations for financial association lawyers, including written summaries of current case and statutory law.
Kenneth Charles Greene, Esq., was very active in the beginning years of the Western Association of Equipment Lessors (now the National Equipment Finance Association) as well as the National Association of Equipment Leasing Brokers. Well known from attending many of the early conferences of several associations. Key attorney in the early years for Leasing News: from potential lawsuits regarding Bulletin Board Complaints, lawsuits, "bully" letters, 1st amendment issues, competitive practice, Mr. Greene has protected Leasing News without a financial charge or complaint. Also, one time active in attorney speaker programs as well as author of a monthly law bulletin. In 2017, he took over as Legal Counsel on a part-time basis for the National Association of Equipment Leasing Brokers, now the American Association of Commerce Finance Brokers. An active professional musician as well as service the music industry in Los Angeles today. He is Leasing News Legal Editor.
Michael A. Leichtling, is an attorney on corporate and financial matters, including complex mergers and acquisitions, corporate finance, venture capital and private financing transaction, specializing in leasing. counseling lessors, banks, funds, investors, and other funding sources. Member of several leasing associations, including serving on the Equipment Leasing and Finance Association Executive Committee, Chairman of the Board of Trustees, Equipment Leasing and Finance Foundation. Co-author with the late Jeff Wong, now retired Barry A. Dubin, as editor of the Commercial Finance Guide, now updated and published by Matthew Bender. Member, Board of Editors, Equipment Leasing Newsletter (Law Journal Publications). Author and well-known speaker. Recipient of the 2007 ELFA Award for “Excellence in Leasing."
Malcolm C. Lindquist concentrates his practice on commercial finance, equipment leasing, mergers, acquisitions and the Uniform Commercial Code. His practice includes the documentation of complex loan transactions, lease transactions and sales of portfolios of leases and loans. Malcolm also has extensive experience representing lenders in loan enforcement actions, bankruptcy proceedings, receiverships and out of court workouts. He is a noted speaker and an author, and he was named as one of The Best Lawyers, Banking and Finance (2012-2015). Member of several bar associations: elected Member, American Law Institute, Board of Regents (2006-2010; 2012-2016) for the American College of Commercial Finance Lawyers; Former Chair, Secured Lending Subcommittee, Commercial Finance Service Committee of the American Bar Association; Equipment Leasing Subcommittee of UCC Committee, Executive Board (2009-Present), Association of Commercial Finance. He has served on the legal committee of the Equipment Leasing and Finance Association and he remains active in his community.
Barry Marks, Esq., CLFP, was the original attorney for National Association of Equipment Leasing Brokers and a very forward thinking, bright attorney and practical businessman. He helped the organization grow and recommended Joe Bonanno, CFLP, to take his position when he retired to become an ex-officio board member. Barry was winner of the Bill Granieri award for leasing education. Always available to answer leasing and finance questions at no charge and to brainstorm problems and solutions, he is a published author and co-author of books on leasing. He also produces a well-read monthly newsletter (available through www.leaselawyer.com ). He is also known for his three poetry books and many published poems and stories. Barry was named Alabama Poet of the Year in 1999 and was a runner up for the prestigious Eric Hoffer Award for books published by small presses.
David G. Mayer, Perhaps best known as the author of "Business Leasing for Dummies" (September, 2001) as well as an online newsletter "Business Leasing and Finance News" (2002-2012) which had 6,000 subscribers in 33 countries. He has written other articles, primarily on business aviation, aircraft leasing and finance, for which he is known, especially involving international and cross-border transactions. He started this specialty, rising to Senior Counsel, GATX Corp, then going as corporate counsel, primarily in transportation equipment, including aircraft, vessels, truck and trailers, including project financing and operation. He is active in the Equipment Leasing and Finance Association, as well as has been a contributing author to the Equipment Leasing and Finance Foundation surveys. He is an Eagle Scout.
Alan J. Mogol, Over the last 40+ years, created a large volume of the middle market lease documentation currently used by the majority of the larger bank and finance companies in the industry, including standard forms of lease documentation for syndication, assignment, notice of assignment, participation and motor vehicle titling trust documents. Much of what Mogol has created is considered de facto industry standard in the bank middle market space. He is a frequent lecturer and author in the equipment financing area.
Frank Peretore has written many articles on leasing for the news media as a recognized expert on commercial lenders and lessors, including two books, "Workouts and Enforcement for the Secured Creditor and Equipment Lessor" and "Secured Transactions for the Practitioner: How to Properly Perfect Your Personal Property Lien and Assure Priority." He is currently the Secretary of the National Equipment Finance Association, serving on the board since 2009, as well as serving on many legal committees. He was also on the Board of Directors, Eastern Association of Equipment Lessors, and served on legal committees for the Equipment Leasing & Finance Association. He brings his law experience to his writing and leasing association meetings and conferences. He is highly respected by his colleagues for his dedication to the finance and leasing industry as well as to law.
John G. Sinodis' practice emphasizes the representation of equipment lessors and funding sources in all aspects of equipment leasing including litigation, documentation, insolvency, and transactional matters. Besides representing equipment lessors and funding sources, Mr. Sinodis represents financial institutions and asset-based lenders in the areas of commercial litigation, secured transactions, asset recovery, loan restructure and business litigation. Mr. Sinodis is an active member of the Equipment Leasing and Finance Association (ELFA) and the National Equipment Finance Association (NEFA). Prior to joining the firm, Mr. Sinodis served as the president of General Leasing Co. and is presently a member of its board of directors.
"In just three days, Mark Stout helped me to locate, obtain and return a stolen truck to one of my lessees after the truck had been driven across the state of Texas by utilizing his expertise and relationships 6 counties away. This could have been a disaster for my lessee. I called Stout who called whoever it was he called and the truck was returned. Easy – and that’s what I like."
Mr. Stout represents in excess of thirty financial institutions and leasing companies.
Within the last four years, Mr. Stout has represented commercial lenders in excess of 150 state court proceedings. Mr. Stout handles an extensive trial docket that generally entails at least three court appearances each week in various courts in Texas. In conjunction with his state court proceedings, Mr. Stout frequently utilizes sequestration/replevin proceedings to quickly recover his client’s collateral. Mr. Stout has filed approximately 200 sequestration/replevin actions in Texas. Mr. Stout represents in excess of thirty financial institutions and leasing companies. Within the last four years, Mr. Stout has represented commercial lenders in excess of 150 state court proceedings. Mr. Stout handles an extensive trial docket that generally entails at least three court appearances each week in various courts in Texas. In conjunction with his state court proceedings, Mr. Stout frequently utilizes sequestration/replevin proceedings to quickly recover his client’s collateral. Mr. Stout has filed approximately 200 sequestration/replevin actions in Texas.
Kevin Trabaris has extensive experience representing banks, financial companies, equipment lessors, insurers, and other funding and intermediary entities and borrowers in connection with thousands of business financing matters. He has handled everything from small ticket transactions to billion dollar syndicated loans, real estate financing to asset-based facilities. He is an active member of the Commercial Finance Association, LinkedIn Capital Equipment Leasing Group and Equipment Leasing Professionals Group. He has an excellent reputation among his colleagues.
Allan Umans is in charge of documentation and legal affairs at Pacific Rim Capital, reportedly the nation's largest independent lessor of material handling equipment. In his field, he has an excellent reputation. He previously served as General Counsel and Secretary of Relational Technology Services, Inc. and Assistant General Counsel and Assistant Secretary of El Camino Resources, Ltd., both independent technology leasing companies. Mr. Umans has a JD degree from Southwestern University Law School and a BA degree in Economics, with honors, from the University of Manitoba.
Mark Wada, founding shareholder of the Portland, Oregon law firm Farleigh Wada Witt, has been listed in Oregon Super Lawyers for the tenth consecutive year in the specialty area of banking and finance. And for the seventh consecutive year, Mark was selected by his peers for inclusion in The Best Lawyers in America for banking and finance law. Mark has expertise in representing banks, commercial lenders, equipment lessors, private equity funds, lenders in commercial loans and leases to high tech companies, including intellectual property security agreements and warrant terms and other financial service providers; numerous commercial lenders and lessors in workouts, collateral liquidations, collection matters and sales of individual loans and portfolios. In 2010, he was appointed to serve a three-year term on the Equipment Leasing and Finance Association Legal Committee. He is past-president of the Oregon Law Foundation and Campaign for Equal Justice and has served as a member of the Executive Committee of the Oregon State Bar Debtor-Creditor Section, the Board of Directors of the Multnomah Bar Association, as well as its treasurer, representative to the American Bar Association House of Delegates, and the Board of Directors and Executive Committee of the United Cerebral Palsy Association of Oregon and Southwest Washington.
Irwin Wittlin is well-known in the leasing industry as he was past member of the Board of Directors of the United Association of Equipment Leasing (UAEL) at time of merger and formation of National Equipment Finance Association (NEFA). He is a past chairman of the legal committee and has spoken on a variety of legal issues at recent conventions, including the topics of, "Effective Lease Collections," “Working With Outside Counsel," "Fraud Prevention," "Maintaining Your Business Credit Line," and “Selected Issues in NorVergence." He is an instructor for the Certified Lease Program Foundation ("CLP") on the subjects of lease law, lease documentation, and collections. Mr. Wittlin is a frequent speaker on various legal and collection related topics for various professional organizations, with an emphasis on leasing, business litigation and collections.
This Day in History
1727 - The first Roman Catholic convent in America is occupied by the Ursaline nuns in New Orleans. The convent/school is still occupied today although rebuilt several times and much enlarged.
1736 - Birthday of Mary Brant (d. 1796) on the Ohio River in Kentucky. She was a Mohawk, had nine children with the British superintendent of Indian Affairs. She managed his household and was his hostess for almost 25 years until his death in 1774. She then retired to upper New York State and was a loyalist during the American Revolution. She supplied intelligence and ammunition for the British in the Battle of Oriskany, August 6, 1777. Brant and her brother, who was a warrior leader of the Iroquois, were instrumental in aligning the entire Iroquois nation on the side of the British in the American Revolution. Following the defeat of the British, she joined other refugees in Kingston, Ontario. Several hundred thousand loyalists left, many going back to Great Britain, others to Canada.
1774 - English religious leader Ann Lee (1736-1784) and a small band of followers first arrived in America. Her sect called itself the United Society of Believers in Christ's Second Coming, but to the rest of the world, her followers came to be known as the "Shakers."
1787 - Sixty proof sheets, handwritten, of the Constitution were delivered to the Constitutional Convention engaged in the “Great Debate” over the draft constitution, during which it determined that Congress should have the right to regulate foreign trade and interstate commerce, established a four-year term of office for the president and appointed a five-man committee to prepare a final draft of the Constitution.
1801 - The Great Religious Revival of the American West began at a Presbyterian camp meeting in Cane Ridge, Kentucky.
1815 - With the end of the Napoleonic wars in Europe, and laws about bringing “slaves” into the United States as “free labor,” immigration to the U.S. increased to new levels as work was to be had. Between 1815 and 1860, 5,000,000 persons came to the U.S. Over half of the immigrants came from the British Isles, mostly from Ireland. The next largest contingent arrived from Germany, 1,500,000, not counting German-speaking French citizens from Alsace and Lorraine. More than half the German immigrants settled in the upper Mississippi and Ohio River valleys. They brought new techniques and craftsmanship. For instance, Ohio glassware was a superior type of glassware manufactured from 1815 to 1850. The designation “Ohio” was generally applied both to the blown and molded glass produced in the Ohio River Valley region. Three of the leading manufacturers of this glassware were located in Mantua, Kent, and Zanesville, all cities of Ohio. The designation “Ohio” was also used to identify glass factories in the neighboring regions of West Virginia and western Pennsylvania.
1819 – Norwich University is founded in Vermont as the first private military school in the US.
1821 - Birthday of Edward H. Plumptre (d. 1891) in London. He was an Anglican theologian. He served on the Old Testament committee for the 1881 English Revised Version of the Bible. Today, he is better remembered as author of the hymn, "Rejoice, Ye Pure in Heart."
1829 - Birthday of Marie Elizabeth Zakrzewski (d. 1902) in Berlin, Germany. She was a pioneering female U.S. doctor. She graduated from a school for midwives without incident but when she was appointed chief midwife and professor, male opposition forced her resignation. On arriving in the U.S., she met Elizabeth Blackwell who helped her enter Western Reserve Medical School for regular medical training. She assisted the Blackwell sisters in the New York Infirmary and ran the institution while Elizabeth was in England. She served as physician and professor at the New England Female Medical College in Boston but left because the founder saw women's position in medicine limited to midwifery. She founded the New England Hospital for Women and Children in 1862 and served in various capacities there until 1899. In addition to her pioneering medical work, she developed lunchrooms for the working poor women and aid for poor Jews. Her New England Hospital was the first one to trained nurses and offer social services.
1861 – First Lady Edith Roosevelt was born Edith Kermit Carow (d. 1948) in Norwich, CT. Second wife of President Theodore Roosevelt, they were children together and were married in 1885 after the passing of the first Mrs. Roosevelt.
1862 - CSA ironclad "Arkansas" is badly damaged in Union battle.
(Actual accounts: http://www.missouridivision-scv.org/mounits/cssark.htm)
1864 - The Rebels evacuate Fort Powell, Mobile Bay, under attack during the Battle of Mobile Bay, Alabama. It actually lasted until August 23. David G. Farragut commanded a fleet of fourteen wooden ships and four ironclads. Running through a minefield and past Confederate Forts Gains, Morgan, and Powell, Farragut’s fleet defeated a Confederate flotilla, including the Confederate ironclad Tennessee, and took one of the South’s last major ports. The city of Mobile was taken in 1865.
1870 - White conservatives suppressed black vote and captured the Tennessee legislature. A reform movement was underway and states started outright restricting blacks from voting, others made poll tax and literacy tests a requirement. These practices were among those outlawed by the 1965 Voting Rights Act, detailed herein later. The Southern states voting as a block made deals for a new president in an electoral contest, by tenure gained control of committees as senator were voted by the state legislators in this century, and while the North beat the South in the Civil War, the South now controlled bills, committees, and legislation and would dominate for almost a century to follow.
1881 – Birthday of Louella Parsons (d. 1972), America’s first movie columnist, in Freeport, IL. She was retained by William Randolph Hearst, possibly because she had praised Hearst's mistress, Marion Davies, and her columns were read by 20 million people in 400 newspapers worldwide. She remained Queen of Hollywood until the arrival of flamboyant Hedda Hopper, who displayed similar talents, and with whom she feuded viciously for years.
1881 – “Hey Pancho, hey Ceesco”…actor Leo Carrillo (d. 1961) was born in LA. He played Pancho, sidekick to “The Cisco Kid” on TV, the popular series that ran from 1950 until 1956, and was the first TV series filmed in color. This show was produced by ZIV TV that brought my father
to Hollywood from New York to primarily write it (he wrote most of the radio
shows.) He also did “Highway Patrol” and “Sea Hunt” at ZIV. He also wrote
many of the cowboy TV shows during this time as he was known for
writing the “Cisco Kid” and the “Kit Carson” radio show (after whom I was named). He usually had a partner who enabled them to turn
out TV plays, as they were called in the day.
1890 - Denton True ‘Cy’ Young (1865-1955) pitched his first Major League baseball game, leading the Cleveland Spiders past the Chicago White Sox. Young went on to enjoy a great baseball career, winning a total of 511 games (95 more than second place Walter Johnson), averaging more than 23 victories over 22 seasons, playing for Cleveland, St. Louis, and Boston (where he played in the first World Series and won). Young’s career win total is the most in Major League history and is considered by many as the one sports record that will never be broken. The Cy Young Award was established in 1956, when the Baseball Writers' Association of America chose to create an award honoring each year’s best pitcher. Since 1967, the Cy Young Awards have been presented annually to the best pitcher in each Major League.
1890 - At Auburn Prison, NY, murderer William Kemmler becomes the first person to be executed by the electric chair.
1892 – Birthday of actor Hoot Gibson was born Edmund Richard Gibson (d. 1962) in Tekamah, NE. American rodeo champion and a pioneer cowboy film actor, director, and producer. He learned to ride a horse while still a very young boy. His family moved to California when he was seven years old. In 1910, the nascent film industry was looking for experienced cowboys to appear in films. Gibson and another future star, Tom Mix, were hired. Acting for Gibson was then a minor sideline and he continued competing in rodeos to make a living. Gibson's career was temporarily interrupted with service in the US Army in World War I. When the war ended, he returned to the rodeo business and became good friends with Art Acord, a fellow cowboy and movie actor. The two participated in summer rodeo then went back to Hollywood for the winter to do stunt work. From the 1920s through the 1940s, Hoot Gibson was a major film attraction as a western film box office draw. He successfully made the transition to talkies and as a result became a highly paid performer.
1901 - Kiowa land in Oklahoma was opened for white settlement, effectively dissolving the contiguous Native American reservation.
1902 – Dutch Schultz was born Arthur Flegenheimer (d. 1935) in Newark, NJ. Mobster of the 1920s and 1930s who made his fortune in activities including alcohol and numbers…or numbiz as they say in the old neighborhood. Weakened by two tax evasion trials led by prosecutor Thomas Dewey, Schultz's rackets were also threatened by fellow mobster Lucky Luciano. In an attempt to avert his conviction, Schultz asked the Commission for permission to kill Dewey, which they refused. When Schultz disobeyed them and attempted to kill him anyway, the Commission ordered his murder. After Schultz left in a rage, the Commission decided finally to kill him in order to prevent the Dewey hit. Albert Anastasia, who would be whacked in 1958, and Louis Buchalter took care of it on October 23, 1935; Schultz was shot at the Palace Chophouse at 12 East Park Street in Newark.
1905 - Birthday of Clara Bow (d. 1965) in Brooklyn. She was called the “’It’ girl” as she portrayed the carefree flapper in early Hollywood films. She is generally recognized by most Hollywood historians as the industry’s first megastar. She starred in more than 30 films including the classic “Wings” but her strong Brooklyn accent prevented her from making it in talking pictures. Her various sex scandals also lost fan support but it was her voice that ended her movie career. She won a beauty contest while still in high school in Brooklyn that sent her to Hollywood. A good biography is J. Morella’s “The ‘It’ Girl: the Incredible Story of Clara Bow” (1976).
1906 - Birthday of trombone player Vic Dickenson (d. 1984), Xenia, OH.
1911 – Legendary film and television pioneer and comedian Lucille Ball (d. 1989) was born at Butte, MT. In addition to her many other film and television credits, Lucille Ball always will be remembered for her role in the 1950s CBS sitcom “I Love Lucy.” As Lucy Riccardo, the wife of band leader Ricky Riccardo (her real-life husband, Desi Arnaz), her comedic style became a trademark of early television comedy. She was also instrumental in many pioneering innovations in TV production. Desilu Productions, the company founded by Ball and Arnaz, insisted on filming in Hollywood instead of New York. This move is largely credited with creating a shift in TV production to the west coast. In addition, theirs was the first TV show to use 35mm film to increase the clarity of the final image, the first to use three cameras instead of one, and the first to be filmed in front of a live audience. On Apr 1, 1958, the final episode was broadcast, but “I Love Lucy” now is seen worldwide in syndication. Ball continued her involvement both before and behind the camera, appearing in three additional sitcoms. She became the first woman to head a major motion picture and TV studio when she purchased Arnaz’ share of Desilu Productions. Ball and Arnaz were divorced in 1960; she later married Gary Morton.
1912 - Inspired in part by the Ty Cobb suspension and the Tigers’ brief strike in May, the formation of a “Players Fraternity” was announced, headed by attorney and former player Dave Fulz. Leading players include Cobb, Christy Mathewson, Mickey Doolan and Jake Daubert. The goals are to oppose contract violations, rowdyism, and anything that may "impair a player's ability."
1917 – Birthday of actor Robert Mitchum (d. 1997) in Bridgeport, CT. He may be best remembered for his roles in “The Story of GI Joe” (1945), “Crossfire” (1947), “Out of the Past” (1947), “The Night of the Hunter” (1955), and “Cape Fear” (1962).
1918 - Birthday of jazz promoter/sponsor Norman Granz (d. 2001) in LA.
1918 - Unusually hot weather began to overspread the Atlantic Coast States, from the Carolinas to southern New England. The temperature soared to an all-time record high of 106 degrees at Washington, D.C., and Cumberland and Keedysville hit 109 degrees to establish a state record for Maryland. Temperatures were above normal east of the Rockies that month, with readings much above normal in the Lower Missouri Valley. Omaha, NE reached 110 degrees.
1921 - Jazz flutist Buddy Collette (d. 2010) was born in LA.
(“Swinging Shepard’s” is a great album).
1924 – Birthday of Samuel Bowers (d. 2006), co-founder of the White Knights of the Ku Klux Klan.
1925 - Birthday of Bill Haley (d. 1981), rock 'n' roll's first teen idol, born in Highland Park, Michigan. Haley, with his group, the Saddlemen, at first played country-and-western, but in 1952, he dropped the cowboy image and changed the band's name to the Comets. Haley began recording cover versions of R'n'B hits, and in 1953, his "Crazy Man Crazy" became the first rock 'n' roll record to make the Billboard pop chart. Bill Haley and the Comets' biggest success came in 1955 when "Rock Around the Clock" rose to number one. Haley was the most popular rock 'n' roll idol until Elvis Presley came along, but by 1958, his career was basically over. He continued to work as a nostalgia act, mainly in Britain and Europe. http://rockhall.com/inductees/bill-haley/bio/
1926 – In New York, the Warner Bros’ Vitaphone system premieres with the movie “Don Juan,” starring John Barrymore.
1926 - Gertrude Ederle becomes the first woman to swim the English Channel.
1927 - Birthday of Canadian composer Dolores Claman (d. 2021) in Vancouver, BC. She and her husband, Richard Morris, became one of the country's most successful jingle-writing teams in the mid-1960's. Claman and Morris have also written several stage musicals and film scores, the theme for CBC's "Hockey Night in Canada," and the score for the film "A Place to Stand," made for the Ontario pavilion at Expo 67. The film won an Oscar.
1928 – Andy Warhol’s (d. 1987) birthday, in Pittsburgh. Warhol was an American artist who was a leading figure in the visual art movement known as pop art. After a successful career as a commercial illustrator, Warhol became a renowned and sometimes controversial artist. The Andy Warhol Museum in his native city holds an extensive permanent collection of art and archives. It is the largest museum in the US dedicated to a single artist.
1929 - Birthday of Janice Lee York Romary (d. 2007) in San Mateo, CA. U.S. Olympic fencer (1952-1968) who, in 1968, became the first woman to be the U.S. flag bearer in the opening ceremonies of the Olympics (Mexico City).
1930 - Birthday of singer Abbey Lincoln (d. 2010), Chicago, IL.
1930 - Mysterious disappearance at age 41 of Joseph Force Crater (1889-1930), justice of the New York State Supreme Court. Never seen or heard from again. Declared legally dead in 1939. “Where is Judge Crater” signs appeared everywhere in the thirties. The disappearance added to public disquiet about corruption in New York City government and was a factor in the downfall of the Tammany Hall political machine.
1931 - Birthday of singer and actress Della Reese, born Delloreese Patricia Early (d. 2017), Detroit.
1937 - Maxine Sullivan records “Loch Lomond,” NYC (Voc 3169).
1942 - An editorial in “The Sporting News” argues for segregation on the diamond. The column states that members of each race "prefer to draw their talents from their own ranks and both groups know their crowd psychology and do not care to run the risk of damaging their own game."
1945 - Memorial observances in many places for victims of the first atomic bombing of a populated place, which occurred at Hiroshima, Japan in 1945, (it was August 5 in the United States ) when an American B-29 bomber, “Enola Gay,” dropped an atomic bomb over the center of the city. The pilot was Colonel Paul Warfield Tibbets, Jr. of Miami, FL., and the bombardier was Major Thomas W. Ferebee of Mocksville, NC. More than 205,000 civilians died either immediately in the explosion or subsequently of radiation. If you had been reading history in America in the preceding months, it would have given you a sense of the time and in order to save lives, the atomic bomb was dropped. On July 28, 2014, the last living crew member of Enola Gay, navigator, Theodore Van Kirk, died.
1945 – Birthday of Andy Messersmith in Toms River, NJ. During a 12-year Major League career with several teams, Messersmith compiled a 130-99 record with a 2.86 ERA. However, he, with former pitcher Dave McNally, is most famous for his role in the historic 1975 Seitz decision that led to the downfall of Major League Baseball's reserve clause and ushered the current era of free agency. Messersmith's ERA of 2.861 is the fifth lowest among starting pitchers whose careers began after 1920, the so-called ‘live ball era’, behind only Hoyt Wilhelm (2.52), Whitey Ford (2.75), Sandy Koufax (2.76), and Jim Palmer (2.856), all Hall of Famers.
1946 - Birthday of American composer Brian Holmes, Washington, DC. Brian Holmes usually composes for voice or chorus.
1948 - Seventeen-year-old Bob Mathias (1930-2006) won the decathlon competition at the Olympic Games being held in London, England.
1949 - Top Hits
“Some Enchanted Evening” - Perry Como
“Again” - Gordon Jenkins
“Riders in the Sky” - Vaughn Monroe
“I’m Throwing Rice (At the Girl that I Love)” - Eddy Arnold
1950 - THOMPSON, WILLIAM. Medal of Honor.
Rank and organization: Private First Class, U.S. Army, 24th Company M, 24th Infantry Regiment, 25th Infantry Division. Place and date: Near Haman, Korea, 6 August 1950. Entered service at: Bronx, N.Y. Birth: New York, N.Y. G.O. No.: 63, 2 August 1951. Citation: Pfc. Thompson distinguished himself by conspicuous gallantry and intrepidity above and beyond the call of duty in action against the enemy. While his platoon was reorganizing under cover of darkness, fanatical enemy forces in overwhelming strength launched a surprise attack on the unit. Pfc. Thompson set up his machine gun in the path of the onslaught and swept the enemy with withering fire, pinning them down momentarily thus permitting the remainder of his platoon to withdraw to a more tenable position. Although hit repeatedly by grenade fragments and small-arms fire, he resisted all efforts of his comrades to induce him to withdraw, steadfastly remained at his machine gun and continued to deliver deadly, accurate fire until mortally wounded by an enemy grenade. Pfc. Thompson's dauntless courage and gallant self-sacrifice reflect the highest credit on himself and uphold the esteemed traditions of military service.
1952 - At the age of 46, Satchel Paige becomes the oldest pitcher Major League history to hurl a complete-game shutout as he beats the Tigers in 12 innings, 1-0. This record will last until Phil Niekro blanks the Blue Jays, 8-0 to win his 300th career victory in 1985, at 46 years, 188 days.
1953 – After a narrow escape from his crash-landed Marine jet fighter during the Korean War, Ted Williams returned to the Red Sox. He homered in his last at bat before returning to the Marines in 1952 and then homered in his first game after the war in 1953. He will finish his abbreviated season with 13 homers and a .407 mark, no spring training, no rehab assignments.
1955 - "Baby, Let's Play House" became Elvis Presley's first national chart single, reaching number 10 on Billboard's country chart.
1956 - Birthday of soprano sax player Kenny G, whose full name is Kenny Gorelick, in Seattle.
1956 - After going bankrupt, the DuMont Television Network makes its final broadcast, a boxing match from St. Nicholas Arena in New York. DuMont was one of America's pioneer commercial television networks, rivalling NBC and CBS for the distinction of being first overall in the United States. It was owned by Allen B. DuMont Laboratories, a television equipment and set manufacturer, and began operation on June 28, 1942. The network was hindered by the prohibitive cost of broadcasting, a freeze on new television stations in 1948 by the FCC that restricted the network's growth, and the company's partner, Paramount Pictures. Despite several innovations in broadcasting and the creation of one of television's biggest stars of the 1950s, Jackie Gleason, the network never found itself on solid financial ground. Forced to expand on UHF channels during an era when UHF tuning was not yet a standard feature on television sets, DuMont fought an uphill battle for program clearances outside its three owned-and-operated stations in New York City, Washington, DC and Pittsburgh ultimately ending network operations.
1956 - The Alan Freed movie, “Rock! Rock! Rock!” goes into production, featuring Tuesday Weld (her singing vocals dubbed by Connie Francis), Chuck Berry, Frankie Lymon & the Teenagers, The Moonglows, The Flamingos, and LaVern Baker.
1957 - Top Hits
“Love Letters in the Sand” - Pat Boone
“Tammy” - Debbie Reynolds
“Diana” - Paul Anka
“(Let Me Be Your) Teddy Bear” - Elvis Presley
1957 – 16-year-old John Lennon and his group the Quarrymen recorded "Baby Let's Play House" and "Puttin' on the Style" at a church social in Liverpool. The recording, made on the day Lennon met 14-year-old Paul McCartney, sold at a London auction in September 1994 for the equivalent of $156,000 Canadian.
1959 - A bucket survey showed that thunderstorms dropped 16.70 inches of rain on parts of Decatur County, IA. The total was accepted as Iowa's 24 hour rainfall record.
1960 – Cuba nationalizes American and foreign-owned property.
1960 - Chubby Checker performs "The Twist" on American TV for the first time on "American Bandstand,” kicking off a dance craze that would last the better part of two years.
1960 - Looking for a drummer for a series of dates in Hamburg, Germany, The Beatles visit Liverpool's Casbah club to invite Pete Best, then of the Black Jacks, to join the group.
1962 - Frank Ifield topped the UK charts for the first of seven straight weeks with "I Remember You." The record would become the second highest-selling single of the year in Britain and a #5 hit in the US.
1963 - The New York Mets hired several rock 'n' roll acts, including Chubby Checker and Dee Dee Sharp, to perform before a game with the Pittsburgh Pirates.
1965 – The Admiral, David Robinson, All-American basketball player for the US Naval Academy who followed with an All-Pro and multiple NBA championship career with the San Antonio Spurs, was born in Key West.
1965 - The Voting Rights Act of 1965 signed into law by President Lyndon Johnson, designed to thwart attempts to discriminate against minorities at the polls. The act suspended literacy and other disqualifying tests, authorized appointment of federal voting examiners and provided for judicial relief on the federal level to bar discriminatory poll taxes. Congress voted to extend the Act in 1975, 1984, and 1991.
1965 - Marty Balin and Paul Kantner formed a folk-rock group that evolved into the Jefferson Airplane, the premier San Francisco psychedelic band of the late '60s. The Airplane made its debut the following month at a Haight-Ashbury club, and was signed to RCA later in the year. "The Jefferson Airplane Takes Off," their first album, was awarded a gold record in 1966.
1965 - Top Hits
“(I Can’t Get No) Satisfaction” - The Rolling Stones
“I’m Henry VIII, I Am” - Herman’s Hermits
“What’s New Pussycat?” - Tom Jones
“The First Thing Ev’ry Morning (And the Last Thing Ev’ry Night)” - Jimmy Dean
1967 - Dean Chance of the Minnesota Twins pitched five innings of perfect baseball, leading his team to victory over the Boston Red Sox. Chance was only the third player to pitch a shortened, perfect game.
1970 - Birthday of M. Night Shyamalan, Indian-American director, producer, and screenwriter, in India.
1971 - The last remaining troops of the Fourth Battalion, 503rd Infantry of the 173rd Airborne Brigade, (the first U.S. Army ground combat unit to arrive in Vietnam in May 1965), cease combat operations and begin preparations to leave Vietnam. The first U.S. ground combat unit of any branch to reach Vietnam was the Third Marine Regiment, Third Marine Division, which began arriving on March 8, 1965. The initial U.S. combat forces were followed by a vast array of combat, combat support, and logistics units that together with U.S. Navy and Air Force personnel in-country reached a peak of 543,400 in April 1969. In June 1969, President Richard Nixon gave the order, as part of his "Vietnamization" policy, which began the process of reducing American troop strength; the troop withdrawals began the following fall and continued until the Paris Peace Accords were signed in January 1973.
1972 - Hitting his 660th and 661st career homers, Hank Aaron breaks Yankee legend Babe Ruth's record for most home runs with one team. Hammerin' Hank's second homer of the day is a 10th inning blast which enables the Braves to beat the Reds, 4-3
1973 - Roberto Clemente becomes the first Latin-born player to be inducted into the Baseball Hall of Fame. The customary five-year waiting period was waived by the electors in recognition of Clemente’s death the prior New Years’ Eve, in the crash of a plane he chartered to ferry much-needed medical supplies to victims of a Nicaraguan earthquake.
1973 - Top Hits
“The Morning After” - Maureen McGovern
“Live and Let Die” - Wings
“Diamond Girl” - Seals & Crofts
“Lord, Mr. Ford” - Jerry Reed
1973 - No. 1 Billboard Pop Hit: “The Morning After,'' Maureen McGovern. The song is the theme to the film, “The Poseidon Adventure.''
1973 - A log from a passing lumber truck crushed Stevie Wonder's car on the way toward a North Carolina concert, leaving him in a coma for four days and causing him to permanently lose his sense of smell. Miraculously, he fully recovers and is back in the studio within weeks.
1979 - The Cars don't pay attention to the sophomore jinx predictions and go two-for-two: "Candy-O" is their second straight album to go platinum.
1979 - After delivering a eulogy at Thurman Munson’s's funeral that morning in Ohio, Bobby Murcer, a teammate and close friend of the deceased Yankee catcher, drove in all the runs in the Yankee 5 - 4 comeback victory over the Orioles at Yankee Stadium. The New York outfielder hit a three-run home run and won the game with two-run single in 9th inning.
1980 - Birthday of American composer Matthew Logan, born Jacksonville,
1981 - Golfing legend Lee Trevino was disqualified from the PGA Championship in Duluth, GA when the ‘Super Mex’ had his scorecard signed by Tom Weiskopf instead of himself.
1981 - After a seven-week strike that cut the heart out of the regular baseball season, Major League players approved a plan for a split season with the post-strike games to constitute the second half. The New York Yankees, Oakland Athletics, Philadelphia Phillies and Los Angeles Dodgers were declared first-half champions, automatically qualify for special divisional playoffs.
1981 - Stevie Nicks' "Bella Donna" LP is released
1981 - Top Hits
“Jessie’s Girl” - Rick Springfield
“Theme from "Greatest American Hero" (Believe It or Not)” - Joey Scarbury
“I Don’t Need You” - Kenny Rogers
“Dixie on My Mind” - Hank Williams, Jr.
1984 - The Jacksons' "Victory" tour opened in Kansas City. The eight-story stage, designed by brother Michael, obscured the view from one-fourth of Arrowhead Stadium's 60,000 seats. Despite complaints about the $30 ticket prices, "Victory" proved to be the then-largest concert tour ever. The Jacksons played 55 dates in 23 cities, selling about 2.3 million tickets. Each brother raked in about $5 million. The promoter, Chuck Sullivan, lost $20 million because he agreed to pay all costs of the lavish production.
1984 - The Cars release their video for "Drive." Actor Timothy Hutton directed it.
1984 - No. 1 Billboard Pop Hit: “Ghostbusters,'' Ray Parker Jr. Huey Lewis sues Parker, saying the Academy Award-nominated song sounds too much like his “I Want a New Drug.''
1986 - Timothy Dalton became the fourth actor to be named “Bond ... James Bond.” Dalton, 38, and his studio, United Artists, ended months of speculation as to who would star as Agent 007 in the 15th James Bond film. The character of Bond was created by writer Ian Fleming. Other stars to play the role of the suave, debonair and deadly double agent include: Roger Moore, Sean Connery, George Lazenby, Pierce Brosnan, and David Craig.
1988 - Cub reliever Goose Gossage becomes the second player in Major League history to record 300 career saves as he retires one batter in a 7-4 victory over the Phillies. He finished his career with 310 saves and was elected to the Hall of Fame in 2008.
1988 - Jose Canseco became the 11th player in Major League history to hit 30 homers and steal 30 bases in a season. The A's outfielder, with 31 homers, joins the 30-30 club stealing second base with one out in the ninth inning for his 30th as Oakland beat the Mariners, 5-4.
1988 - Severe thunderstorms produced large hail and damaging winds in Pennsylvania and New York State. A cold front crossing the northwestern U.S. produced wind gusts to 66 mph at Livingston, MT.
1989 - Boston Red Sox retire Carl Yastrzemski’s #8. He played his entire 23-year career with the Sox. Yastrzemski is an 18-time All-Star, won seven Gold Gloves, has over 3,000 hits, and is the first American Leaguer in that club to also accumulate over 400 home runs. He is second on the all-time list for games played, and third for total at-bats. He is the Red Sox' all-time leader in career RBI, runs, hits, singles, doubles, total bases, and games played, and is third on the team's list for home runs, behind Ted Williams and David Ortiz.
1989 - Top Hits
“Batdance” - Prince
“On Our Own” - Bobby Brown
“So Alive” - Love & Rockets
“Why’d You Come in Here Lookin’ like That” - Dolly Parton
1990 – Gulf War: UN Security Council orders a global trade embargo against Iraq in response to Iraq's invasion of Kuwait.
1991 – Tim Berners-Lee releases files describing his idea for the World Wide Web. WWW debuts as a publicly available service on the Internet.
1994 - Laura Geller, the fourth woman rabbi in the United States, became the first woman SENIOR rabbi at a major metropolitan Jewish congregation, Temple Emanuel in Beverly Hills, California that has more than 1,000 members. She estimated that about 300 women serve as assistant or associate rabbis, even senior rabbis in smaller congregations in the U.S. There have been "issues of gender at every step of my career," Rabbi Geller," and some people, even within this congregation, still find it an issue." But, she adds, I'm grateful that I came to this position as a middle-aged woman...I'm fully clear that it’s their problem, not mine. When they say, 'I like you very much, but I'm just not comfortable with a woman rabbi,' they're telling me something about themselves, not about me." Sally J. Pries and, ordained in 1972, was the first woman rabbi in the United States, at the Monmouth County Reform Temple in New Jersey. Regina Jonas was the first woman rabbi in the world, ordained in 1935.
1996 - Daniel Goldin, administrator of the National Aeronautics and Space Administration announced scientific evidence that there was life on Mars. The discovery was made by Dr. Roberta Score and a team of American scientists. Using electron microscopes, they examined a 4.5-billion-year-old Martian meteorite that struck Antarctica 13,000 years ago and found fossils of what appeared to be a “primitive form of microscopic life.”
1996 - The soundtrack to the film "She's The One," starring Edward Burns and Jennifer Aniston, is released. The album is record by Tom Petty and the Heartbreakers and features the single, "Walls.”
1999 - "The Sixth Sense" opened with Bruce Willis starring as a child psychologist and Haley Joel Osment, who plays an 8-year-old who is visited by ghosts. As of July 24, 2001, it had rung up $293,501,675 at the box office. I didn’t realize Willis was a ghost. When you see it a second time, it gives a different perspective to the movie.
2001 - The Hall of Fame Veterans Committee comprised of five former players, five media members and five former executives, which was established in 1953, is to be replaced by a 90-member group made up of the members of the Hall of Fame (61), the recipients of the J.G. Taylor Spink award for writers (13), the Ford C. Frick award for broadcasters (13) and current Veterans Committee members (3). The new committee will be able elect players only once every two years and executives, umpires and managers only once every four years.
2001 - In a Vanity Fair magazine interview, Tommy Gioiosa, a former friend of Pete Rose, alleged that Rose bet on baseball, used a corked bat, and participated in drug dealings.
2002 - Protecting the Giants' 11-10 lead over the Cubs, 32-year old reliever Robb Nen becomes the 16th and youngest closer to record the 300th save of his career.
2010 - In a 15-minute pre-game ceremony delayed by rain at Turner Field, the Braves retire Tom Glavine's uniform number 47. The southpaw, who won 244 of his 305 career victories with the organization, including five seasons with 20 or more wins, was inducted into the team's Hall of Fame earlier in the day at a luncheon. Glavine, along with teammate Greg Maddox and manager Bobby Cox were inducted together into the Baseball Hall of Fame on July 27, 2014.
2012 – NASA’s Curiosity land rover lands on Mars.
2019 - Barneys New York files for bankruptcy, amid figures 7,567 US retails stores have closed so far in 2019 compared to 5,864 in 2018.
2019 - US government imposes wide-ranging sanctions on the Venezuelan government.
2019 - Lawyer representing 800 boy scouts identify 350 sex abusers within Boy Scouts of America, saying "It's the largest pedophile ring on earth."
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