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Wednesday, August 2, 2023


Today's Leasing News Headlines

AACFB “Meet the Funder – Channel”
    Wednesday, August 2, 3:00 pm (ET)
New California Brokers Commercial
  Financing Licensing Bill
    By Marshall Goldberg, Esq. Leasing News Legal Editor
Funders Looking for Broker Business
    (Please Update Your Listing)
New Hires/Promotions in the Leasing Business
    and Related Industries
Leasing and Finance Industry Help Wanted
    www.topmarkfunding.com/Careers
Defining a "Key" Account
    Sales Makes it Happen by Scott Wheeler, CLFP
U.S. Small Business Administration (SBA)
    Marks 70th Anniversary
LTi Technology Solutions Achieves
  Veracode Verified Standard Tier Status
    Intelligent Software Security
ELFA Asks Congress to Overturn Section 1071
    Dodd-Frank Act
Siberian Husky
    Omaha, Nebraska Adopt a Dog
News Briefs ---
As Bank Lending Tightens, Small Businesses
    Turn to Customers to Raise Money
Miami Sees Its First Population Drop in Decades
    Soaring housing costs drive many locals away
His Hollywood star was finally rising
    Now he cleans apartments
Elon Musk’s Unmatched Power in the Stars
    Dominant Power in Satellite Internet

You May Have Missed --
Why Did 488 Golden Retrievers Gather in Scotland?
   Article with Photos

Broker/Funder/Industry Lists | Features (wrilter's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months
Sales Make It Happen

Sports Briefs
   California News
    "Gimme that Wine"
 This Day in History
  SuDoku
   Daily Puzzle
    GasBuddy
     Weather, USA or specific area
      Traffic Live----
       Wordle

######## surrounding the article denotes it is a “press release,” it was not written by Leasing News nor has the information been verified, but from 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.

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AACFB Meet the Funder – Channel
Wednesday, August 2, 3:00 pm (ET)

The 2023 AACFB Meet the Funder webinar series continues next week. Join us on Wednesday, August 2 at 3:00 p.m. (ET) to learn all about what Channel has to offer. Register for free today


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New California Brokers Commercial
Financing Licensing Bill
By Marshall Goldberg, Esq. Leasing News Legal Editor

Coming as no surprise, the requirement that ALL commercial brokers doing business in the State of California be licensed is about to arrive. For the past few years, California law (Fin. C. §§22602-22604) encouraged but did not require brokers to secure California Finance licenses.

The state law allowed state-licensed commercial lenders to pay referral fees for commercial loans to unlicensed brokers as long as the brokers did not participate in loan negotiations, counsel or advise the borrower about a loan, participate in the preparation of any loan documents, contact the lender on behalf of the borrower beyond the initial referral, obtain loan documentation from the borrower or deliver that documentation to the lender, communicate lending decisions or inquiries to the Borrower, participate in creating sales literature or marketing materials or obtain the borrowers signature on loan documents.

Many funding sources refused to do business with unlicensed brokers because they could be held responsible for materially false or misleading statements or representations made by their brokers to a prospective borrower about the terms or conditions of a prospective loan.

Some lenders continued to do business with unlicensed brokers because of long standing relationships with trustworthy brokers, who had small businesses or could not keep up with the heavy licensure requirements, including the preparation and submission of a comprehensive annual report each March 15, 2023. Those days are about to come to an end.

California Senate Bill 869 was introduced on February 17, 2023 (amended on April 27, 2023) for the purpose of adding a Section 22605 to the Financial Code, relating to commercial loans. The new law would require a person who provides commercial brokerage services to a borrower in a commercial loan transaction by soliciting lenders or otherwise negotiating a commercial loan, to be licensed by the Commissioner of the DFPI. The statute would impose a fiduciary responsibility upon the broker to the borrower

The bill specifies that this responsibility includes the duty to exercise the utmost honesty, absolute candor, integrity, and unselfishness toward the borrower, and that the commercial broker place the economic interest of the borrower ahead of their own economic interest.


Marshall Goldberg, Esq.
Glass & Goldberg, A Law Corporation
22917 Burbank Blvd.
Woodland Hills, CA 91367-4203
(818) 474-1532 Direct
(818) 888-2220 Main
(818) 888-2229 Facsimile
mgoldberg@glassgoldberg.com
www.glassgoldberg.com

Why I Subscribe to the Leasing News Editions
     By David C. Lee, North Mill Equipment Finance

 
“When I first entered the leasing industry 7 years ago, I found Leasing News to be the most efficient means to keep abreast of what is actually happening in our industry beyond the press releases and inherent spin contained therein.

“It also manages to break news stories that others miss while taking great care to validate such breaking news.  The legal and regulatory updates cannot be found elsewhere on a timely basis and many times are actionable. 
“I am thankful for the unique approach Kit has taken to provide us useful news and insights. “
      
David C. Lee
Chairman and CEO
North Mill Equipment Finance
dlee@nmef.com


 

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Funders Looking for Broker Business
(Please Update Your Listing)

This List is updated by those who are on it. Information on number of employers, geographic area, dollar amount plus five criteria is provided by those listed directly to kitmenkin@leasingnews.org

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

There is no advertising fee or charge for a listing. They are “free". Leasing News makes no endorsement of any of the companies listed, except they have qualified to be on this specific list.

To qualify for this list, the company must be a "funder" and not a "Broker/Lessor" or "Super Broker/Lessor." The company may sell off its portfolio from time to time, but the definition is for a company or financial institution where 50% or more of its business is from actually "funding" transactions themselves, where they are on "recourse." Every non-public company's banker and/or investor(s) are contacted to verify this.

Leasing News reserves the right to not list a company who does not meet these qualifications or has appeared in complaints.

  1. (To apply to be listed, please fill in our Funder Formhttps://leasingnews.org/Pages/Funder_List_Form.pdf

  2. Email: kitmenkin@leasingnews.org
Alphabetical list - click on company name to view more details

1st Enterprise Bank Leasing
360 Equipment Finance
Allegheny Valley Bank Leasing
Balboa Capital Corp.
Bankers Capital
Barrett Capital Corporation
Baystone Government Finance/
KS StateBank

Black Rock Capital
Blue Bridge Financial
Boston Financial & Equity Corp.
BSB Leasing, Inc.
Calfund, LLC
Celtic Bank
C.H. Brown Company
Chesapeake Industrial Leasing Co., Inc.
Clicklease

Dakota Financial
Dedicated Funding
Dext Capital
FirstLease, Inc.
First Federal Leasing
First Foundation Bank
First Midwest Equipment
Finance Co.

Financial Pacific Leasing
Forum Financial Services, Inc.
Gonor Funding
Global Financial & Leasing Services, LLC
International Financial Services
Corporation

Madison Capital
Maxim Commercial Capital, LLC

Mesa Leasing
National Equipment Finance
Navitas Lease Corp.
NewLane Finance
NexTier Leasing
NFS Leasing, Inc
North Mill Equipment Finance
Northwest Leasing Company, Inc
Padco Financial Services
Pacific Mercantile Bank
Pawnee Leasing Corporation
Providence Equipment Finance
Quality Leasing Co, Inc
RLC Funding
SLIM Capital, LLC
Standard Professional Services, LLCTargeted Funding Co., LLC
TEAM Funding Solutions
TimePayment



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New Hires/Promotions in the Leasing Business
and Related Industries


Don Bernhardt is CEO and Founder, E&F Capital Solutions, Evansville, Indiana. Previously, he was National Account Manager, Edison Capital Leasing LLC dba PPE International (September, 2017 - April, 2022); Corporate Account Executive, United Leasing & Finance (January, 2011 - September, 2017); National Account Manager, American Bank Leasing Corp. and sister company, Bulldog Truck and Equipment Sales (July, 2007 - December, 2010). Full Bio:
https://www.linkedin.com/in/don-bernhardt-4a642b124/details/experience/
https://www.linkedin.com/in/don-bernhardt-4a642b124/


Marc Lemus was promoted to Manager, Member Recovery, Lending Club, San Francisco, California. He joined the company April, 2016, Loan Representative, promoted August, 2017, Senior Loan Representative, promoted April, 2018, Supervisor inbound Sales and Retention, promoted August, 2019, Supervisor, Outside Sales, promoted January, 2023, Written Channel Lead. Previously, he was Marketing Consultant, Arkside Marketing, Inc. (March, 2015 - February, 2016).
https://www.linkedin.com/in/marclemus/


Andrew McBride is self-employed, Philadelphia, Pennsylvania. He states he is actively seeking a Business Development Manager position. Previously, he was Director of Strategic Accounts, NewLane
Finance (October, 2021 - July, 2023). He joined Marlin Capital Solutions September, 2010, as Business Development Manager, promoted September, 2010, Director, Business Development, National Accounts, promoted September, 2012, as National Sales Manager. Full Bio:
https://www.linkedin.com/in/andrew-mcbride-05231968/details/experience/
https://www.linkedin.com/in/andrew-mcbride-05231968/


Jason Romano was hired as Senior Account Executive, Partners Capital Group, Santa Ana, California. Remains as Business Owners, Jr. Funding (June, 2019 - Present); Senior Account Executive, Commercial Financing (October, 2002 - June, 2019).
https://www.linkedin.com/in/jason-romano-312041111/


Todd Waller is the founder of and CEO, Right Fit Financial (self-employed), Tustin California. He resides in Santa Ana, California. Previously, he was Business Development Manager, CoreFund Capital (April, 2019- June, 2023). He joined Orange Commercial Credit December, 2005, as Account Executive, promoted June, 2010, Account Executive Supervisor, promoted December, 2019, National Sales Director.
https://www.linkedin.com/in/todd-waller

 

 

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Leasing and Finance Industry Help Wanted
  We Are Growing Our Senior Sales Team Now!
www.topmarkfunding.com/careers


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Defining a "Key" Account

Sales Makes it Happen by Scott Wheeler, CLFP

When coaching seasoned originators in the commercial equipment finance and leasing industry, I often ask the following:

  • Tell me about your top three to five "Key" accounts.
  • When and how were these accounts originated?
  • Tell me about the accounts that you are currently pursuing which are possible new "Key" accounts by the end of 2023.

I was recently asked to provide my definition of a "Key" account:

  • A "Key" account is a vendor or end-user that provides a consistent flow of new business.
  • A "Key" account is a highly efficient account that fully understands an originator's capabilities and fully aligns with her goals and expectations.
  • A "Key" account is a multi-dimensional relationship, usually requiring the originator to have a deep relationship with five or more individuals within that organization.
  • A "Key" account has the potential to contribute 20% or more of an originator's current production level.

Successful originators know that the path to success is the ability to establish and win more "Key" accounts. The responsibility of every originator is to identify and win "Key" accounts that have the potential to enhance her production trajectory.


Scott A. Wheeler, CLFP
Wheeler Business Consulting
1314 Marquis Ct.
Fallston, Maryland 21047
Phone: 410 877 0428
Fax: 410 877 8161
Email: scott@wheelerbusinessconsulting.com
Web: www.wheelerbusinessconsulting.com

Wheeler Business Consulting is working with individual originators and sales teams throughout the industry to ensure that they are well positioned in the market, capturing their fair share of business, and outperforming the competition. To schedule a one-on-one meeting contact Scott Wheeler at: scott@wheelerbusinessconsulting.com

Sales Makes it Happen articles:
http://www.leasingnews.org/Legacy/index.htm


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

U.S. Small Business Administration (SBA)
Marks 70th Anniversary

Federal Agency Highlights Its Legacy of Success
 in Supporting Millions of Small Businesses

WASHINGTON – SBA Administrator Isabella Casillas Guzman issued the below statement ahead of the 70th anniversary of the U.S. Small Business Administration (SBA). The SBA was founded by President Dwight D. Eisenhower in 1953 when he signed the landmark “Small Business Act,” which established the agency and made it a policy to support and protect the interests of small businesses.

To celebrate this milestone and kick off SBA’s month long anniversary celebration, Administrator Guzman will ring the closing bell at the New York Stock Exchange on July 31 at 4 p.m. ET. A live stream of the bell ringing can be viewed at nyse.com/bell. The SBA will also announce 68 Legacy Business recipients in the coming days and weeks, with events honoring those businesses in multiple cities around the United States. Many Legacy Business recipients started small and leveraged SBA resources on their journey to becoming household names.

Statement from U.S. Small Business Administrator  Isabella Casillas Guzman

“America’s small businesses are giants in our economy — creating jobs and making the products and services that define our everyday lives. For 70 years, the U.S. Small Business Administration has helped entrepreneurs gain the know-how and the funding to start and grow. And we’ve stepped in when disasters disrupt the market to make sure that not only small businesses recover, but that the communities they serve do too. The results are undeniable: In the seven decades since its founding, the SBA has financed billions, fueled some of our most iconic brands and innovative industries, and helped millions of hopeful entrepreneurs realize their American Dreams of business ownership. We have ensured competition and innovation through entrepreneurship to fuel the world's strongest and largest economy.

"As we enter our eighth decade, SBA is building on a record 12.2 million small businesses application boom fostered by President Biden’s Investing in America agenda and a strong commitment to equity that continues to expand access to entrepreneurship in underserved communities. By growing our economy from the middle out and the bottom up, leveling the playing field, and creating equitable access to opportunities, we are building a lasting foundation for economic growth and our nation’s global competitiveness.”

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

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

LTi Technology Solutions Achieves
Veracode Verified Standard Tier Status
Intelligent Software Security

Veracode Verified accreditation demonstrates commitment to
developing secure software and reducing risk for customers

Omaha, NE –– LTi Technology Solutions, a leading provider in equipment finance software solutions today announced its achievement of Veracode Verified Standard Status. The Veracode Verified program provides third-party validation of a company's secure software development processes from Veracode, a leading global provider of intelligent software security solutions.

Dedication to DevSecOps

This achievement demonstrates LTi’s dedication to improved integration of security within the software development lifecycle (SDLC), and to following proven application security principles. Veracode Verified Standard Status confirms that LTi has embraced strong application security and DevSecOps practices, improved its security posture, achieved faster flaw remediation time, and invested in developer and security champion training and resources.


Brian Roche, Chief Product Officer at Veracodem said, “LTi has made secure software development a priority and a competitive advantage by adopting a mature application security program that covers the entire SDLC.

 “In the face of the increasing cybersecurity skills gap, Veracode Verified provides value without straining limited security resources and allows organizations like LTi Technology Solutions to quickly, effectively, and continuously reduce risk.”


Jeff Van Slyke, President and CEO of LTi Technology Solutions, said,“We are very pleased to have ASPIRE be Veracode Verified. The Standard status illustrates our ongoing commitment to our customers. LTi has made secure software development a priority by adopting a mature application security program. With increasing cybersecurity skills gap, Veracode Verified provides value without limiting resources and allows us to effectively and continually reduce risk." 

Measuring the Strength of LTi’s Application Security Posture

Veracode Verified provides a holistic, objective view of an organization’s application security program and offers three progressive tiers for measuring success and assessing application security posture. Each tier is cumulative, building upon the qualifications of the previous tier and strengthening participants’ integration of security into the development process. Standard tier status denotes that the following security steps have been implemented into the organization’s software development practice.

•       Assesses first-party code with static analysis
•       Documents the application does not allow Very High flaws in first-party code
•       Provides developers with remediation guidance when new flaws are introduced
•       Establishes a scanning cadence of at least every six months

For more information on Veracode Verified, visit https://www.veracode.com/verified.

About LTi Technology Solutions
LTi Technology Solutions is a global customer-centric, cloud-native, full lifecycle equipment finance lease and loan servicing platform.  We support equipment and asset-based finance companies, captives, small ticket, middle market, brokers, lessors and independent banks throughout North America and the UK from our Omaha headquarters.

Related Links:
https://www.veracode.com/

View the Veracode Verified listing for LTi Technology Solutions here
https://www.veracode.com/verified/directory/lti-technology-solutions

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

 

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

ELFA Asks Congress to Overturn Section 1071
Dodd-Frank Act

WASHINGTON, D.C.  – In a letter to the U.S. House Financial Services Committee, the Equipment Leasing and Finance Association is calling for Section 1071 of the Dodd-Frank Act to be overturned. The letter is the latest action on Section 1071 by the association, which has proactively engaged in both the legislative and regulatory arenas to defend its members’ interests and reduce the measure’s onerous reporting regulations.


ELFA President and CEO Ralph Petta, said, “ELFA has been working to make sure Section 1071 doesn’t make it more burdensome for our members and their customers to do business together.

“While a number of items ELFA advocated for were decided in our favor, regrettably the CFPB did not adopt other key suggestions. At our Capitol Connections event in May, more than 140 ELFA members met with more than 140 congressional offices to highlight the negative impacts Section 1071 will have on the $1 trillion equipment finance industry. We urge Congress to overturn this measure.”

The letter calls on Congress to void the Consumer Financial Protection Bureau’s final rule implementing Section 1071. The rule will require financial institutions to collect information about credit applicants and report it to the CFPB on an annual basis along with extensive financial data associated with the application’s disposition, including extensive pricing information.

The ELFA letter and more information on Section 1071 are available at  https://www.elfaonline.org/1071

About ELFA
The Equipment Leasing and Finance Association (ELFA) is the trade association that represents companies in the $1 trillion equipment finance sector, which includes financial services companies and manufacturers engaged in financing capital goods. ELFA members are the driving force behind the growth in the commercial equipment finance market and contribute to capital formation in the U.S. and abroad. Its 580 members include independent and captive leasing and finance companies, banks, financial services corporations, broker/packagers and investment banks, as well as manufacturers and service providers. ELFA has been equipping business for success for more than 60 years. For more information, please visit www.elfaonline.org.

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

 

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Siberian Husky
Omaha, Nebraska Adopt a Dog

Groot

Male
Age: 5 Months
30 lbs
Black and White

"I am Groot! Baby Groot. I will be part of a team to save the galaxy. Or just join my family on a nice walk. I will get bigger and wiser. I will look after those I care about, human and furry. I can go home and join your team if you fill out an application and tell Taysia Blue WE. Are. Groot!

More Photos of Groot:
https://taysiablue.com/groot23

Taysia Blue Rescue
https://www.taysiablue.com/
"We help connect Huskies and Malamutes who need a home with people who wish to adopt. All the dogs in our care live in volunteer foster homes. We don't have any one address and have volunteer networks near Omaha, NE."

They do not list a telephone number but it appears the
start is the following:

Adoption Questionnaire
https://taysiablue.com/adoption-questionnaire?lang=en

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News Briefs---

As Bank Lending Tightens, Small Businesses
    Turn to Customers to Raise Money
https://www.wsj.com/articles/startups-sell-bonds-raise-money-platforms-dc19a45?mod=business_major_pos5

Miami Sees Its First Population Drop in Decades
    Soaring housing costs drive many locals away despite economic boom
https://www.wsj.com/articles/miami-sees-its-first-population-drop-in-decades-e181171f?mod=business_trending_now_article_pos2an it is attracting

His Hollywood star was finally rising
    Now he cleans apartments.
https://www.washingtonpost.com/nation/2023/07/30/hollywood-actors-strike-survival-jobs/?

Elon Musk’s Unmatched Power in the Stars
    Dominant Power in Satellite Internet
https://www.nytimes.com/interactive/2023/07/28/business/starlink.html

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Why Did 488 Golden Retrievers Gather in Scotland?
Article with Photos
https://www.nytimes.com/2023/07/19/travel/scotland-golden-retrievers.html

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Sports Briefs---

The Mets Begin Dismantling the Most Expensive Team in Baseball History
https://www.wsj.com/sports/baseball/mets-trade-max-scherzer-rangers-df4de0ea?st=invokjbdqbub3ip&reflink=desktopwebshare_permalink

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California News Briefs---

As Joshua trees burn, massive wildfire threatens
   to forever alter Mojave Desert
https://www.latimes.com/california/story/2023-08-01/mojave-desert-york-fire-containment-rain-joshua-trees-burning?utm_id=106573&sfmc_id=1646692

Santa Clara County avoids strike
— can San Jose do the same?
https://www.mercurynews.com/2023/07/31/santa-clara-county-avoids-strike-can-san-jose-do-the-same/

This L.A. developer aims to tear down homes to
    build apartments where the city doesn’t want them
https://www.latimes.com/homeless-housing/story/2023-08-01/developer-akhilesh-jha-california-housing-apartments

No one is coming to our rescue’: Inside rural
     California’s alarming teacher shortage
https://www.latimes.com/california/story/2023-08-01/rural-california-school-teaching-shortage-transitional-kindergarten


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Gimme that Wine

 

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

Livermore: Mitchell Katz Winery owner dies
   in two-car crash
https://www.kron4.com/news/bay-area/livermore-winery-owner-dies-after-car-crash/

Are Napa Cabernets losing their color?
Is the High Heat the Factor?.
https://www.sfchronicle.com/food/wine/article/napa-valley-climate-change-18119707.php

Wine of the week: Ram’s Gate, 2021 Estate
Vineyard Pinot Blanc, Carneros
https://www.pressdemocrat.com/article/lifestyle/wine-of-the-week-rams-gate-2021-estate-vineyard-pinot-blanc-carneros/

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This Day in History

      1498 - Christopher Columbus first sighted the island that he called La Trinidad. The island was inhabited by two tribes: the Arawaks, who were peaceful fishermen and farmers, and the more belligerent Caribs. Upon his return to Spain, Columbus described the islands to the King as very lush and pleasant, and soon the Spaniards began to colonize them. Trinidad and Tobago remained under Spanish rule from 1498 until Feb 18, 1797, when the Spanish Governor, Chacon, surrendered the islands to the British Navy. British rule continued until 1962 when Trinidad and Tobago gained their independence, after having been self-governing since 1956. The chief exports were slaves. Those that were not captured were killed and many maimed in the battles between well-armed soldiers on horses and Indians with primitive weapons at best. 
http://www1.minn.net/~keithp/cctl.htm  
http://www.visittnt.com/General/about/general.html  
http://users.carib-link.net/~richjob/trinidad.htm 
http://latino.si.edu/rainbow/education/historyandpeople.htm 
    1777 - The Vermont state constitution made it the first state to abolish slavery and adopt universal male suffrage, without regard to property. From 1777 to 1791, Vermont was an independent country, often referred to in the present day as the Vermont Republic. It was followed to a lesser degree by other New England states, which with Vermont were destined to become strongholds of abolitionism in the 1850s. Vermont had declared itself an independent state on Jan. 16, 1777 and has been known for its “independence” ever since. 
    1777 - The Second Continental Congress passes a resolution that the services of Gilbert du Motier "be accepted, and that, in consideration of his zeal, illustrious family and connections, he have the rank and commission of major-general of the United States." Thus, the Marquis de Lafayette, a 19-year-old French nobleman, was made an officer in the American Continental Army. 
    1790 - The US Patent Office opened its doors. The first US Patent was signed by George Washington and Thomas Jefferson. It went to Samuel Hopkins of Vermont for a new method of making pearash and potash, useful in many applications, including bleaching cotton. 
    1792 - The cornerstone of the Philadelphia Mint, the first US Government building, was put in place. 
    1811 - Jane Currie Blaikie Hoge (d. 1890) birthday, Philadelphia.  Author also well-known for caring for orphans. After seeing some of the deplorable conditions suffered by soldiers in the Civil War, she became one of the leaders in sanitary reform (collecting and distributing clothing, providing nursing care, medical and hospital supplies, food, just about everything else for sanitary and health care that the army never supplied to its men). The women of the sanitary reform movement did unbelievably hard and effective work. The women of the commission received adulation immediately after the war and then their names and work were forgotten while the names of battles and how they were fought (usually forgetting the gruesome results) were glorified. 
http://www.britannica.com/women/articles/Hoge_Jane_Currie_Blaikie.html 
    1816 - Birthday of Union General George H. Thomas (d. 1870), born in Southampton County, Virginia. Known as the "Rock of Chickamauga.” 
(Lower half of http://memory.loc.gov/ammem/today/jul31.html 
    1816 - Lydia Moss Bradley (d. 1908) birthday, Vevay, IN.  American financier and philanthropist. Although left a wealthy widow, she increased the estate astronomically through wise investments and real estate transactions that rank her as a major financial genius. Her philanthropic gifts included a home for older women. In 1876, she endowed Bradley University with $2 million and 28 acres in honor of her six children who all died young. 
http://www.search.eb.com/women/articles/Bradley_Lydia_Moss.html  
http://www.alliancelibrarysystem.com/IllinoisWomen/files/br/ 
htm1/bradley.cfm 
    1831 - Helena Petrovna Hahn Blavatsky (d. 1891), birthday, Yekaterinoslav, Ukraine. Founder of the Theosophy religion/belief/philosophy that combines various religions and spiritualism and the occult. She wrote a number of books, the most important of which was “The Secret Doctrine,” “The Synthesis of Science,” “Religion, and Philosophy” (1888), and “Key to Theosophy” (1889), that are the basic texts of the movement. She died at the home of Annie Besant who carried on the movement that still has millions of followers today. 
http://school.eb.com/women/articles/Blavatsky_Helena_Petrovna.html  
http://www.blavatskyarchives.com/natcyclop.htm 
http://www.crystalinks.com/blavatsky.html 
    1846 - The "Brooklyn" arrived in Yerba Buena, now San Francisco, with 230 Mormons under the leadership of 26-year-old Prophet Samuel Brannan. He was to meet other Saints who were crossing the country from Illinois.  
http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/ 
1996/07/26/MN64895.DTL 
    1849 - Revolutionizing warfare, Benjamin Chambers, Sr., obtained a patent for a “Breech-loading cannon.” It was the most successful and simple operation, which he called “an improvement in movable breeches for fire-arms and the locks and appurtenances of the same.” His wooden model was discovered in an old smithy and became part of the collection of the Virginia Historical Society.     
    1867 – S.S. Kresge (d. 1966) was born in Allentown, PA.  He created and owned two chains of department stores, the S.S. Kresge Company, one of the 20th century's largest discount retail organizations, and the Kresge-Newark traditional department store chain. The discounter was renamed the Kmart Corporation in 1977 and was merged into today's Sears Holdings Corporation, parent of Kmart and Sears.  
    1912 - Birthday of Milton Friedman (d. 2006), a Nobel Price-winning economist, teacher, and author, was born at Brooklyn, NY.  In 1946, he became a professor of economics at the University of Chicago, where he did some of his best-known work. The Chicago School, of which he was a member with like-minded scholars, promulgated influential free-market theories.  Friedman challenged what he later called "naïve Keynesian" theory with his 1950s interpretations of the consumption function. In the 1960s, he became the main advocate opposing Keynesian government policies and described his approach (along with mainstream economics) as using "Keynesian language and apparatus" yet rejecting its "initial" conclusions.  He theorized that there existed a “natural rate of unemployment” and argued that employment above this rate would cause inflation to accelerate.  Friedman was an advisor to President Ronald Reagan and British Prime Minister Margaret Thatcher.  His political philosophy extolled the virtues of a free market economic system with minimal intervention.     
    1918 - Pianist Hank Jones (d. 2010) birthday, Vicksburg, MS. 
http://www.npr.org/programs/jazzprofiles/archive/jones_h.html 
http://www.jazzradio.org/hank.htm 
    1919 – “The Cowboy,” Curt Gowdy (d. 2006), was born in Green River, WY.  Gowdy is known as the longtime voice of the Boston Red Sox and for his coverage of many nationally televised sporting events, primarily for NBC Sports in the 1960s and 1970s.  Gowdy called Ted Williams’ final at-bat where he hit a home run into the bullpen in right-center field off Jack Fisher of Baltimore; Tony Conigliaro’s home run in his first at-bat at Fenway Park on April 17, 1964 at the age of 19; beginning in 1960, he covered the first five seasons of the American Football League with broadcast partner Paul Chrisman; Super Bowl I; the AFL’s infamous “Heidi” game in 1968, and (after the 1968 pro football season), Super Bowl III in which Joe Namath and the New York Jets defeated the heavily-favored NFL champion Baltimore Colts. In 1971, Gowdy's telecast on NBC caused many a Christmas dinner to be delayed as the country locked in that Christmas Day to the longest game in pro football history, when the Miami Dolphins defeated the Kansas City Chiefs 27-24 in the final game at Kansas City's Municipal Stadium. He also covered Franco Harris’ Immaculate Reception" of 1972; Clarence Davis’ miraculous catch in a "sea of hands" from Oakland Raiders QB Ken Stabler to defeat the Dolphins in the final seconds of a legendary 1974 AFC playoff game, and Hank Aaron’s 715th home run in 1974 that broke Babe Ruth’s long-time career home run record. 
    1921 - Birthday of Whitney Young (d. 1971), former Executive Director of the National Urban League, in Shelby County, KY. 
http://blackhistory.eb.com/micro/650/67.html  
    1930 – “The Shadow” Radio premiere.  “Who knows what evil lurks in the hearts of men? The Shadow Knows.” The popular crime and suspense program premiered on CBS radio.  Originally, the Shadow was just the narrator of the changing stories, but later he became a character with his own adventures—with the alter ego of Lamont Cranston. Orson Welles was the first Shadow. 
    1931 - Birthday of great guitarist Kenny Burrell, Detroit, MI. 
http://www.hopper-management.com/kb_bio_e.htm
    1932 – The “mistake by the lake,” Cleveland’s Municipal Stadium, opened as a crowd in excess of 80,000 watched the Indians lose to the Philadelphia A’s, 1-0. 
    1941 - Under instructions from Hitler, Nazi official Hermann Goring, ordered SS General Heydrich to "submit to me as soon as possible a general plan of the administrative material and financial measures necessary for carrying out the desired Final Solution of the Jewish question."  Heydrich was killed in action in 1942.  Göring was convicted of war crimes and crimes against humanity at the Nuremberg trials. He was sentenced to death by hanging but committed suicide the night before the sentence was to be carried out.  
    1942 - Harry James Band with Helen Forrest cut “I’ve Heard that Song Before.” All phonographs are banned the next day due to the war until 1945. 
    1943 - KISTERS, GERRY H., Medal of Honor  
Rank and organization: Second Lieutenant (then Sergeant), U.S. Army, 2d Armored Division. Place and date: Near Gagliano, Sicily, 31 July 1943. Entered service at: Bloomington, Ind. Birth: Salt Lake City, Utah. G.O. No.: 13, 18 February 1944. Citation: On 31 July 1943, near Gagliano, Sicily, a detachment of 1 officer and 9 enlisted men, including Sgt. Kisters, advancing ahead of the leading elements of U.S. troops to fill a large crater in the only available vehicle route through Gagliano, was taken under fire by 2 enemy machineguns. Sgt. Kisters and the officer, unaided and in the face of intense small arms fire, advanced on the nearest machinegun emplacement and succeeded in capturing the gun and its crew of 4. Although the greater part of the remaining small arms fire was now directed on the captured machinegun position, Sgt. Kisters voluntarily advanced alone toward the second gun emplacement. While creeping forward, he was struck 5 times by enemy bullets, receiving wounds in both legs and his right arm. Despite the wounds, he continued to advance on the enemy, and captured the second machinegun after killing 3 of its crew and forcing the fourth member to flee. The courage of this soldier and his unhesitating willingness to sacrifice his life, if necessary, served as an inspiration to the command.  
    1944 - Sherry Lansing was born Sherry Lee Duhl in Chicago.  After a brief acting and writing career – she was head script writer at MGM for “The China Syndrome” and “Kramer vs. Kramer” – then vice-president of production at Columbia Pictures. She then became the first woman to be placed in charge of production at a major film studio, and on Jan 2, 1980, she became president of production at Twentieth Century Fox. She held office until 2004.  Her mother fled Nazi Germany and raised her and her sister by working in real estate. 
http://centerstage.net/theatre/whoswho/SherryLansing.html 
http://www.ucop.edu/regents/regbios/lansing.htm 
http://www.lukeford.net/profiles/profiles/sherry_lansing.htm 
   1945 - Birthday of singer Gary Lewis, born Gary Harold Lee Levitch, Los Angeles.  Son of actor/comedian, writer Jerry Lewis and Patti Lewis, the former Esther Calonico.  His band, Gary Lewis and the Playboys had a number 1 hit, “This Diamond Ring” in 1965.  
http://www.members.aol.com/oldies1/lewis.htm 
http://www.tsimon.com/lewis.htm
    1948 - New York's International Airport at Idlewild Field was dedicated by President Harry S. Truman. It was later renamed John F. Kennedy International Airport. 
     
    1951 - Evonne Goolagong was born Griffith, New South Wales, Australia.   Outstanding Australian aborigine (First People) tennis player who won Wimbledon 1971 and 1980 and was named AP woman athlete of the year in 1971. 
http://www.abc.net.au/btn/australians/goolagon.htm  
http://www.hickoksports.com/biograph/goolagonge.shtml  
http://www.teachers.ash.org.au/thwaites/goolag.htm  
http://www.tennisfame.org/enshrinees/evonne_goolagong.html 
    1952 - Faye Marder Kellerman birthday, St. Louis, MO.  American novelist specializing in mysteries that feature authentic Orthodox Jewish life. 
http://www.amazon.com/exec/obidos/search-handle-form/103-5362656-4423850 
    1956 - Top Hits 
“The Wayward Wind” - Gogi Grant 
“Hound Dog/Don't Be Cruel” - Elvis Presley 
“Whatever Will Be Will Be (Que Sera Sera)” - Doris Day 
“I Walk the Line” - Johnny Cash 
    1960 - Elijah Muhammad, leader of Nation of Islam, calls for a black state. 
    1961 - President John F. Kennedy agreed during talks held with General Chen Cheng (July 31—Aug 1, 1961), to support Nationalist China in its bid for UN membership and oppose the admission of Communist China to the United Nations. 
    1962 – The National League rejected MLB Commissioner Ford Frick’s proposal for interleague play in 1963. 
    1963 - Wesley Snipes Birthday, born Orlando, Florida. “Blade,” “White Men Can’t Jump,” “US Marshal,” “Major League,” among several box office hits.  On April 24, 2008, Snipes was sentenced to three years in prison for willful failure to file federal income tax returns.  The US Court of Appeals affirmed Snipes’ convictions in a 35-page decision issued on July 16, 2010.  Snipes reported to prison on December 9, 2010 and he was released on April 2, 2013.   
    1964 - Top Hits 
“Rag Doll” - The 4 Seasons 
“A Hard Day's Night” - The Beatles 
“The Little Old Lady (From Pasadena)” - Jan & Dean 
“Dang Me” - Roger Miller 
    1968 - The Beatles laid down the bed tracks for "Hey Jude" during the first of a two day session in London. A 36-piece orchestra will be added tomorrow. It tops Billboard's Hot 100 singles chart for nine weeks, making it the mega group’s biggest hit. 
    1970 - Chet Huntley retires from NBC, ends "Huntley-Brinkley Report."  It was NBC’s flagship evening news program from 1956, anchored by Huntley in New York and David Brinkley in Washington, DC. It succeeded the Camel News Caravan, anchored by John Cameron Swayze. The program ran for 15 minutes at its inception but expanded to 30 minutes on September 9, 1963 exactly a week after the “CBS Evening News” with Walter Cronkite did so. 
http://www.museum.tv/archives/etv/H/htmlH/huntleychet/huntleychet.htm 
    1971 - The first astronauts to ride a vehicle on the moon were Colonel David Randolph Scott and Lieutenant Colonel James Benson Irwin, who rode the four-wheeled electric cart “Rover,” an LRV (Lunar Roving Vehicle) alongside the 1,200 foot deep canyon Hadley Hills on the moon ( Apollo 15). 
    1971 - Hamilton, Joe Frank and Reynolds had the top tune on the Cashbox Best Sellers list with "Don't Pull Your Love." Dan Hamilton, Joe Frank Carollo and Tom Reynolds enjoyed their first taste of success in 1965 with a group called The T-Bones when they scored the Top Ten hit "No Matter What Shape" that was used in Alka Seltzer commercials.  
    1971 - James Taylor scored his only Billboard number one record with the Carole King written, "You've Got a Friend." The song would go on to win the 1971 Grammy Award for Best Pop Vocal Performance, Male.  
    1972 - Thomas Eagleton, the Democratic vice-presidential candidate, withdrew from the ticket with presidential candidate George McGovern following disclosure that Eagleton had once undergone psychiatric treatment for depression. Eagleton was replaced by Sargent Shriver, who, incidentally, was the only Democratic vice-presidential nominee who did not serve in Congress at any point in his or her career. 
    1972 - Top Hits 
“Alone Again (Naturally)” - Gilbert O'Sullivan 
“Brandy (You're a Fine Girl)” - Looking Glass 
“(If Loving You is Wrong) I Don't Want to Be Right” - Luther Ingram 
“It's Gonna Take a Little Bit Longer” - Charley Pride 
    1972 - White Sox Dick Allen becomes the seventh Major Leaguer to hit two inside-the-park HRs in one game. The homers help pace the White Sox over the Twins, 8-1. 
    1974 - One of the President Nixon's main men, John Ehrlichman was sentenced to prison for his role in the break-in at the office of Daniel Ellsberg's psychiatrist. Ellsberg was the Pentagon consultant who leaked the "Pentagon Papers" (which purportedly told Americans how and why the U.S. really got into the Vietnam War). Ehrlichman also created the White House unit that was called the ‘plumbers' because it was intended to plug leaks. 
    1976 - A stationary thunderstorm produced more than ten inches of rain which funneled into the narrow Thompson River Canyon of northeastern Colorado. A wall of water six to eight feet high wreaked a twenty-five-mile path of destruction from Estes Park to Loveland killing 156 persons. The flash flood caught camper and caused extensive structural and highway damage. Ten miles of U.S. Highway 34 were totally destroyed as the river was twenty feet higher than normal at times. 
    1978 - No. 1 Billboard Pop Hit: "Miss You," The Rolling Stones. The song is the band's eighth No. 1 single. 
    1980 - Top Hits 
“It's Still Rock & Roll to Me” - Billy Joel 
“Magic” - Olivia Newton-John 
“Cupid/I've Loved You for a Long Time” - Spinners 
“Bar Room Buddies” - Merle Haggard & Clint Eastwood 
    1981 - African-American Arnette Hubbard installed as first woman president of the National Bar Association. 
http://www.nationalbar.org/about/index.shtml 
http://www.siu.edu/~oirs/Stan/walloffame.html 
    1981 - The seven-week baseball players' strike came to an end as the players and owners agreed on the issue of free agent compensation. 
    1983 – The Baseball Hall of Fame welcomed Brooks Robinson, Juan Marichal, George Kell and Walter Alston. 
    1984 - US men's gymnastics team won team gold medal at LA Summer Olympics 
http://www.nationalbar.org/about/index.shtml 
    1986 - The temperature at Little Rock, AR, soared to 112 degrees to establish an all-time record high for that location. Morrilton, AR, hit 115 degrees, and daily highs for the month at that location averaged 102 degrees. 
    1987 - The deadliest tornado in 75 years struck Edmonton, Alberta, killing 26 persons and injuring 200 others. The twister caused more than $75 million damage along its nineteen-mile path, leaving 400 families homeless. At the Evergreen Mobile Home Park, up to 200 of the 720 homes were flattened by the tornado. 
    1987 - Afternoon highs of 106 degrees at Aberdeen, SD, and 102 degrees at Ottumwa, IA, and Rapid City, SD, established records for the date. It marked the seventh straight day of 100-degree heat for Rapid City. Baltimore, MD, reported a record twenty-two days of 90-degree weather in July. Evening thunderstorms produced golf ball size hail at Lemmon, SD, and wind gusts to 80 mph at Beulah, ND. 
    1988 - Top Hits 
“Roll with It” - Steve Winwood 
“Hands to Heaven” - Breathe 
“Make Me Lose Control” - Eric Carmen 
“Don't We All Have the Right” - Ricky Van Shelton 
    1988 - Twenty-one cities in the north central U.S. reported record high temperatures for the date, including Sioux City, IA, with a reading of 107 degrees. The reading of 105 degrees at Minneapolis, MN, was their hottest since 1936. Pierre and Chamberlain, SD, with highs of 108 degrees, were just one degree shy of the hot spot in the nation, Palm Springs, CA. 
    1990 - Nolan Ryan of the Texas Rangers won the 300th game of his career, defeating the Milwaukee Brewers, 11-3. Ryan pitched in the Majors from 1966 until 1993 and finished with 324 wins. 
    1993 - Top Hits 
“Can’t Help Falling In Love (From ‘Sliver’)” - UB40 
“Whoomp! (There It Is)” - Tag Team 
“Weak”- SWV 
“I'm Gonna Be (500 Miles)” - The Proclaimers 
    1994 - The San Francisco Giants joined the battle against AIDS by staging their first “Until There's A Cure” Day at Candlestick Park. The Giants wore red ribbons sewn on their uniforms. Together with the visiting Colorado Rockies, they joined 700 Aids volunteers to form a giant human red ribbon on the field. One dollar from the price of every ticket sold went to Bay Area AIDS organizations. The Giants won the game, 9-4, behind home runs by Barry Bonds, Darryl Strawberry and Matt Williams, who hit two. 
    1994 – Steve Carlton, Leo Durocher and Phil Rizzuto were inducted into the Baseball Hall of Fame. 
    1995 - Heat Wave in Chicago, Illinois; 525 deaths attributed. 
http://www.sws.uiuc.edu/atmos/statecli/1995chicago.htm 
    1995 - Selling 331,000 copies, Selena's "Dreaming of You," her first English album, debuts at No. 1 on the Billboard chart. The slain Tejano singer becomes the first Latin artist ever to debut at No. 1. 
    1997 - In New York City, police seized five bombs believed bound for terrorist attacks on city subways. 2 potential suicide bombers were shot and wounded in an explosives laden Brooklyn apartment. Gazi Ibrahim Abu Mezer (23) and Lafi Khalil (22) were recovering from wounds. In 1998, Khalil was acquitted and Gazi Ibrahim Aby Mezer was convicted of plotting to bomb a subway station. 
    1998 - Top Hits 
“The Boy Is Mine”- Brandy 
“You're Still the One”- Shania Twain 
“My Way” - Usher 
“Adia” -Sarah McLachlan 
    1999 - The U.S. heat wave, linked to at least 94 deaths, continued. As Chicago baked in 100-degree weather, thousands of hot and sweaty residents were forced to endure the heat without air conditioning or fans, due to sporadic power outages and brownouts. 
http://hpccsun.unl.edu/nebraska/heatwave99.html 
http://www.disastercenter.com/guide/heat.html 
    2002 - A plan to sell beer outside Boston's Fenway Park is approved on a trial basis by city officials. During the 14 games, brew will be available three hours before game time to one hour after games start to game ticket holders who pass through a turnstile. 
    2012 - U.S. Olympic swimming champion Michael Phelps won a record 19th Olympic medal, with gold in the 4x200metres freestyle relay. 
    2013 - Republicans unveiled a series of bills designed to prevent government abuse, including the 'STOP IRS Act,' which would allow IRS employees to be fired when they take actions for political purposes. 
    2014 – President Barack Obama authorized air strikes against Islamic State militants for situations in which the forces appear to threaten U.S. personnel. Food drops were also carried out along the Syrian border to civilians trapped by the violence.
    2018 - Facebook discloses and removes Russian-linked network of sites attempting to interfere in American politics.
    2019 – American officials announced the death of Hazma bin Laden, son of Osama, by air strikes in Pakistan.

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