Five-attorney creditors rights law firm, in biz 25 yrs +, specialize all aspects of creditor representation. Primarily represent equipment lessors & funders, plus collection and creditor rep. in bankruptcy. Email:phemar@hemar.com

California - statewide: Encino, CA. "ELA"

24 Attorney AV-rated Law firm representing the Leasing Industry for over 25 Years. We specialize in Lease-enforcement, collection and representation in Bankruptcy Court. email:sjenkins@hemar-rousso.com

Connecticut, Southern New England: EVANS, FELDMAN & BOYER, LLC Collections, litigation, documentation, portfolio sales and financing, bankruptcy. We represent many of the national and local leasing companies doing business in this state. Past chairman EAEL legal committee. Competitive rates. email: rcfeldman@snet.net EAEL

Los Angeles -statewide: CA "ELA "

Practice limited to collections, bankruptcy and problem accounts resolution. Decades of experience. 10-lawyer firm dedicated to serving you. Call Ronald Cohn, Esq. (818)591-2121 or email. Email: rrcohn@aol.com

Los Angeles, Statewide: CA. "ELA" Aggressive creditors rights law firm specializing in equipment leasing handling collection matters on a contingency, fixed fee or hourly basis. email:RGarwacki@prodigy.net

NY Metro and National: Hackensack, NY

Attorney specializing in equipment lease matters for at least 10 years with a 50-State operating network of attorneys experienced in leasing matters. Email:wuscher@uqur.com "ELA"

National: http://www.leaselawyer.com/

Full staff of attorneys and legal assistants work with Group Leader Barry S. Marks to ensure prompt, cost-effective responses to client needs: Email:bsm@blik.com

National: Coston & Lichtman: Business attorneys serving the lease-finance industry since 1980. Transactional, documentation, corporate; workouts, litigation, bankruptcy. Chicago & Florida offices. Jim Coston, CLP (Members: ELA/UAEL/MAEL)

email: Jcoston@costonlaw.com

Northern California - Statewide: CA "EAEL" "ELA" San Francisco expertise at Marin County, CA prices; practice limited to equipment leasing and finance with 22 years experience, testimonials. Ken Greene, Esq. 415-721-7900 kgreene100@aol.com

Classified ads may be found at:

http://65.209.205.32/LeasingNews/JobPostings.htm

[Headlines]

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We Found Larry Grant!!!

I have not looked at Leasing News in a while; so this morning when

a friend told me I had made the headlines, I was afraid my sordid past

had caught up with me. When I found out that he was referring to a

"Where's Larry Grant" item in Leasing News, I thought it might be good

to announce my new position.

Transportation Alliance Bank (TAB) recently experienced a major

management change, with several senior officers leaving for better

opportunities, and the bank redirecting its activities to the trucking

industry exclusively.

I have joined TAB's former President, who moved over to another Utah

bank. I have been asked to form an equipment leasing group at Centennial

Bank of Ogden, Utah.

We will be a direct funder of equipment leases from

$15k to $1 million; accepting broker-referred business on a national

basis. Cindy Phelps, Documentation Manager, has also joined us from TAB.

We will be issuing press releases and initial marketing materials in the

next few weeks.

I appreciate the concern for my whereabouts, and look forward to

renewing contact with all of the wonderful people in the leasing

industry.

Best regards,

Larry Grant

I can be reached at 801-475-7000, ext. 131, fax 801-475-0853,

lgrant@centbk.com

(Mr. Grant has an excellent reputation in the industry. He is known

as a man who puts things together. Thank you, readers, who also sent

us e-mails as to where Mr. Grant was located. Editor )

[Headlines]

Reuters Agrees with Leasing News about DVI---

Reuters Now Agrees with Leasing News—DVI to File Bankruptcy.

They still have not found the $75 million missing—Leasing News

knows about it. But evidently Reuters does not.

http://www.boston.com/business/articles/2003/08/14/dvi_says_to_file_for_bankruptcy

[Headlines]

Sovereign Will Do DVI Deals----

“Sovereign Bank would encourage those lessors currently experiencing problems

funding their medical transactions to apply for our application only medical

program.

“Sovereign Bank is a 42 billion dollar financial institution serving the

lessor community on a national basis. We recently moved to larger quarters

at 3 Huntington Quadrangle in Melville NY. Postal code is 11747.

“For immediate consideration, please contact Alan M. Fern, Vice President of

Business Development at 631-531-0621.”

Alen Fern

AFern@sovereignbank.com

[Headlines]

_________________________________________________________________

Disable “Messenger” in Microsoft Operating Software

Radio and TV is telling everyone about a “worm” making the

rounds. To those in the know, it has been prevalent for quite

some time. Most anti-virus programs are prepared to thwart it

in their latest up-grade. I know PC-cillin is. Plus in the

Microsoft Windows Up-Grade they have the patch in

their “Critical up-grade” install and review. What they

don’t have, and don’t tell you about it, is how it may be

delivered by hackers right through the Microsoft messenger.

This is advice for single, or multi-users who’s ISP manager does not

use this feature. If you are on a network, see your ISP manager or consultant.

You may not have the rights to make the change, but your ISP can

make the change for you.

There is no harm in following this advice, except it may be an inconvenience

to your ISP administrator, if they use it, which I really doubt that many do.

If you are running a Windows operating system, your computer may be accessed

with messages not only from Microsoft, but others. If you see messages that

come up, and you wonder how they got through the firewall, it most likely

is because you are allowing messages to be received.

It is one way that Microsoft and your network administrator have set up to contact you, and others know about it, especially hackers.

The best thing to do is to “disable” it.

You can do this by going to “Settings,” then to “Control Panel,” then to “Administrative Tools,” then to “Services.”

When you open “Services,” scroll down to “messenger.” Click on the icon, and choose “Disable.” You may “choose” manual, if you like. I chose “Disable.”

This feature was originally set up for “administrators” to send messages to work stations users. It is another means of spamming your computer, and perhaps even, causing other problems with false information that appears from the administrator or warning from your computer. Often these announcements from Microsoft are not only advertisements, but may affect other running programs.

If you are working a network workstation, talk to your ISP as you

may not have the “rights” to make the changes, plus your system

may be set up to disable these “messengers” messages.

[Headlines]

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Cartoon---

http://www.two.leasingnews.org/cartoons/humpty.jpg

[Headlines]

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Millennium Bancorp Hires Former ABA President

Edwards, CO-based Millennium Bancorp has named Donald R. Mengedoth chairman of both the holding company and subsidiary Millennium Bank.

Mengedoth, 57, is a former American Bankers Association president (2000) and the former chairman and CEO of Community First Bankshares of Fargo, ND. He co-founded Community First in 1987 to acquire 21 banks in Minnesota, North Dakota and South Dakota from his employer, First Bank Systems-now US Bancorp. Mengedoth succeeds Millennium Bank founder Frederick C. Mezey, who died in March, and is a director of American Bankers Fidelity Insurance Co. and chairman of the advisory board of the Stonier Graduate School of Banking.

[Headlines]

Lessors.com Annual Networking Conference Sold Out

August 25 & 26 | The Ritz-Carlton, Buckhead | Atlanta, GA

Attendee Registration Waiting List...

This event has sold out and a waiting list established. Should additional attendee registration become available, the Lessors Network will draw from the waiting list on a first come basis.

This Is Not An Attendee Registration

Attendee Registration Fee - $750

Paid by personal or company check via overnight mail for next day delivery. (No credit cards)

http://www.lessors.com/Events-2003/Annual/attendee-waiting.html

[Headlines]

Indecision Systems Sales---

“Accordingly, Twins currently owns, has received acceptances or has received irrevocable undertakings to accept, or procure the acceptance of the Increased Offer in respect of, in aggregate, 46,520,803 IDS Shares, representing approximately 81.81 per cent. of the issued IDS Shares.

“It is anticipated that the cancellation of IDS’ listing and admission to trading will take effect no earlier than 4 September 2003, which is 20 business days after the Mandatory Offer was declared unconditional in all respects.”

London Stock Exchange Listing

[Headlines]

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

Specialized Leasing Signs Definitive Agreement To Acquire Sassoon Group Inc.

TUCSON, Ariz.----Specialized Leasing Inc. (OTCBB:SPLZ) announced today that it has executed a definitive agreement to acquire 100% of the outstanding shares of Sassoon Group Inc., which designs, sources and markets a brand of high-quality apparel under the Sassoon, Match II, Outdoor Life and Home Turf labels.

Effective immediately, Sassoon Group's current management will take over responsibility for the company's strategy and operations and will immediately make the appropriate filings to consummate the transaction including the change of name, cusip number, and ticker symbol of the company to Sassoon Group Inc.

In connection with this transaction Specialized Leasing will transfer all of the assets and liabilities of its existing business to a wholly-owned subsidiary, and, subject to shareholder and regulatory approval, distribute all of the common stock of that entity to existing shareholders. The company contemplates that, as a result of the spin-off, Specialized's existing shareholders would maintain their proportionate ownership interest in Specialized's existing business, although the business will reside in a different corporation, the common stock of which, subject to market-maker action and regulatory approval, would be quoted on the OTC Bulletin Board. The spun-off corporation will retain all of the assets and operations and other characteristics of the existing Specialized Leasing.

Gail Binder, chief executive officer of Sassoon Group Inc., commented, "We are very pleased to make this transition to the public marketplace and the opportunities it will offer the company to further execute on its business strategy. Our management team has ambitious plans to expand our world class clothing lines and ultimately our revenue and earnings."

About Specialized Leasing Inc.

Specialized Leasing Inc. is engaged in the business of leasing computer systems and accessories to professionals, with an emphasis on the real estate, medical and legal industries. The business strategy of Specialized is to support the legal, medical and real estate professionals with high quality computer hardware and software to satisfy all of their computing needs, including on site maintenance, training and updating of hardware and software, thus taking the burden of selection, repair, upgrading and maintenance away from the professional and his or her staff. For more information on Specialized Leasing business, visit their Web site at www.specializedleasing.com.

About Sassoon Group Inc.

Sassoon Group designs, manufactures, imports, sells and markets branded and non-branded apparel. The company has a showroom in New York, a distribution center in Pennsylvania and a distribution center in Las Vegas, within a Foreign Trade Zone. The company designs, sources and markets a brand of high-quality apparel under the SASSOON, MATCH II, OUTDOOR LIFE and HOME TURF labels. Each line is characterized by its signature pieces and expanded upon to offer a complete line of apparel intrinsic to its market. The product lines can be expanded to include underwear, loungewear and outerwear, as well as accessories such as ties, hats, scarves, gloves, jewelry, backpacks and small leather goods. Sassoon Group distributes its clothing via leading retailers throughout the United States and abroad.

CONTACT:

Genesis Capital Group

Tom Raack, 949-651-8402

tomr@genesiscapgroup.com

[Headlines]

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

Fitch Risk Advisory Launches Internal Ratings Validation Service

Fitch Ratings-New York- Fitch Risk has launched a new Internal Ratings Validation Service that will help financial services firms validate and enhance their internal credit ratings practices in line with emerging risk management and regulatory standards. With regulatory recognition for the use of internal credit ratings growing, firms are seeking external validation of their ratings processes and methodologies. By leveraging proprietary credit ratings models and years of credit rating experience, Fitch Risk's Internal Ratings Validation Service provides firms with the information they need to evaluate and develop internal ratings processes.

'With many institutions looking to qualify for the Internal Ratings-Based Approach (IRB) of The New Basel Capital Accord (BASEL II), banks are seeking independent benchmarks for their internal ratings that do not force firms to adopt a single credit risk methodology,' said Christopher Lewis, Managing Director, Fitch Risk Advisory. 'This new service provides firms with an industry-proven standard for evaluating the performance of their ratings processes that is, in all aspects, independent and methodology-neutral.'

Fitch Risk's Internal Ratings Validation Service provides firms with both a qualitative assessment of their overall ratings processes, data, and methodologies and a quantitative benchmark of their internal ratings results. The Internal Ratings Validation Service leverages Fitch Risk's CRS and supporting ratings models to provide industry-proven issuer ratings for a representative sample of each client's portfolio. CRS is a suite of proprietary models marketed by Fitch Risk's CreditVantage brand.

Benchmarking services are provided for a variety of obligor and transaction types, including corporates, financial institutions, utilities, small-to-medium sized enterprises (SMEs), real estate facilities, and project finance structures. At the completion of the analysis, Fitch Risk provides each firm with a validation study outlining our observations of the firm's ratings framework and the results of our quantitative evaluation, along with recommended improvements.

About Fitch Risk

Fitch Risk delivers the best in risk technologies and advisory services in the realm of enterprise, credit and operational risk. Fitch Risk is an independent affiliate of Fitch Ratings and a subsidiary of Fimalac, S.A., an international business support services group headquartered in Paris, France.

Contact: (U.S) Christopher M. Lewis, Managing Director, +1-203-618-5132, Darren Davies, Senior Vice President +1-212-908-0390, New York, (Europe) Andrew Fishman, Managing Director +44 (0)20 7862 4061 or Craig Van Ness, Senior Vice President +44 (0)20 7862-4001, London.

[Headlines]

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

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Home-Equity Values Poised to Drop

ABSNet----

An expected flood of new issues should cause spreads on home-equity-loan securities to widen in the near future.

Because virtually every regular issuer of home-equity bonds is scheduled to tap the securitization market over the next six weeks or so, competition for investors is likely to be fierce. Many buysiders have already had their fill of mortgage-related products - meaning that issuers will have to serve up fatter returns if they want to drum up interest in their deals.

It's tough to pinpoint exactly when the values of home-equity bonds will fall, but many market players point to the end of September as a likely timeframe. For the next few weeks, however, spreads should remain fairly stable.

When spreads do widen, they'll probably jump by 5-10 bp. For the past month or so, home-equity issuers' funding costs haven't changed much, with the three-year senior portions of fixed-rate deals hovering around 40 bp over swaps. Spreads on comparable floaters have widened by just 1 bp since early July, to 32 bp over Libor, according to Banc One.

Buysiders have already snapped up $68 billion of home-equity offerings this year, up from about $55 billion during the year-earlier period, according to Asset-Backed Alert's ABS Database. Other factors may also drive spreads higher.

For starters, rising interest rates are curtailing the home-refinancing boom that has propelled issuance of mortgage-related ABS this year. Faced with a diminishing supply of new loan applications, some home-equity lenders will start reaching out to shakier borrowers. Realizing this, buysiders may start to demand juicier returns on the securities those companies issue.

Meanwhile, a broader bond sell-off is saturating the market with available securities. Traders reported that large bid lists continued to pop up in the secondary asset-backed market this week, including one that topped $1.6 billion. Home-equity loans collateralized a good number of the securities that were offered, along with products backed by credit-card receivables and auto loans. "Some people are re-allocating, selling the really liquid stuff," in favor of new paper with better yields, said Dan Castro, who oversees structured-finance research at Merrill Lynch.

That's especially true in the home-equity sector, where some investors are unloading top-rated bonds issued one or two years ago. They are turning around and buying similar new issues at wider spreads - and capturing a hefty profit in the process, said Peter DiMartino, RBS Greenwich Capital's ABS-research chief. "There's good money-market demand for one-year home equities," he said. "Investors can pocket some gains because there's so much new supply."

The burst in new-issue volume won't be confined to the home-equity sector. As usual, credit-card lenders will keep issuing at a rapid pace. Auto lenders are also expected to issue more heavily, while the collateralized debt obligation sector experiences a sizable up tick in activity.

Merrill Lynch's underwriting unit has several collateralized debt obligations in the pipeline, including a resecuritization of structured products for Pacific Investment Management of Newport Beach, Calif.

[Headlines]

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Free Web hosting Software

Web Hosting company offers bundled software to easily build, post and view Websites

- Netfirms, Inc., one of the fastest growing web hosting companies in the world, introduced a free, multi-software, site builder CD that will make it easy for a person of any skill level to build, maintain and host their own website.

The Netfirms Website Starter CD™ contains full versions of NetObjects Fusion 7 (a $149.95 value), FileZilla, Netscape Navigator as well as a number of Website plug-ins including Macromedia™ Flash and Adobe™ Acrobat Reader.

The new product will be made available, free of charge, to all Netfirms customers as part of the company's initiative to help everyone get their personal or professional Website up and running effortlessly.

"One of the questions many of our customers ask is, 'How do you build a Website?' The Netfirms Website Starter CD is the answer to that question," said Thomas Savundra, president and CEO of Netfirms. "Once our customers receive the CD, they can literally build and upload a site in 10 minutes, regardless of their web design experience. This new product allows anyone to get free or low-cost web hosting and all the software required to manage a simple or complex website in one place."

"We decided to offer a standalone product on CD rather than an online site builder because it provides a much more feature rich solution with no limitations," stated Jason Matheson, web director at Netfirms. "In one convenient bundle we have provided all the tools needed to build, post and view your site."

The Netfirms Website Starter CD includes:

The latest in a long line of award-winning site builders, NetObjects Fusion 7 - which has been optimized for Netfirms - was built to let individuals and small businesses create customized Websites without the need for HTML programming.

FileZilla is a simple and secure FTP client designed to upload your website to Netfirms in minutes.

Netscape Navigator 7.0 integrates web browsing and E-mail into one user-friendly package, making online activities faster and easier.

About Netfirms

Netfirms, Inc., founded in 1998, is a leading global web hosting service provider, helping over 800,000 customers get their personal and professional sites online. With full-featured, attractively priced hosting plans backed by 24/7 customer service, Netfirms has become the trusted choice for small business. Netfirms is committed to making web hosting easy for beginners and flexible enough for the most advanced webmaster. More information about the Netfirms Website Starter CD can be found at www.netfirms.com

[Headlines]

Leasing Industry Help Wanted

Escondido, CA: Lease broker office looking for Lease Coordinator/Office Manger: process credit, submit to banks,documentation/follow-up; answer phones/manage files.Leasing experience important. please send resume to:stantonleasing@sbcglobal.net or fax to (760) 738-1910

Proven sales producers wanted for 25 yr old co.looking to open new branch offices across the country.
Top comm and backroom support.. john@odysseyequipfinance.com

About the Company: www.odysseyequipfinance.com

Credit and Documentation Administrator Fastest growing lessor in USA (Wayne, NJ location) needs lease administrator to assist with credit investigation, documentation preparation and interfacing with territory Managers. Good benefits and salary commensurate with experience. Contact: Duane E. Rouba @ 800-848-7210 X 22

About the Company: www.leasingpartnerscapital.com

[Headlines]

News Briefs--

Retail Sales in July Posted Biggest Increase in 4 Months

http://www.nytimes.com/2003/08/14/business/14ECON.html

COMMENTS SHOW BOARD WORRIED ABOUT DEFLATION

http://www.bayarea.com/mld/mercurynews/business/6521750.htm

A Merrill Lynch Whiz Kid, and Then a Suspect

http://www.washingtonpost.com/wp-dyn/articles/A56017-2003Aug13.html

Less Than Meets the Eye in Gov’t Missle Sting?

http://abcnews.go.com/sections/wnt/World/missile030813_sting.html

[Headlines]

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Sports Briefs---

Raiders prepared to quiet naysayers

http://www.bayarea.com/mld/mercurynews/sports/6521812.htmyers

Garcia says he pushed too hard

http://www.bayarea.com/mld/mercurynews/sports/6521845.htm

Ted Williams Tale Gets Stranger by the Day

http://www.nytimes.com/2003/08/14/sports/baseball/14ted.html

Jury in Raiders' lawsuit deciding which side to trust

http://www.sanluisobispo.com/mld/cctimes/6506281.htm

[Headlines]

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California Nuts Briefs---

Race Officially On: 135 Are Candidates in California Recall

http://www.nytimes.com/2003/08/14/national/14RECA.html?hp

100-year-old candidate does not make final recall list

http://www.sfgate.com/cgi-bin/article.cgi?f=/news/archive/2003/08/13/state2204EDT0219.DTL

Gray Davis Recall From $30 million to $66 million, recall costs keep mounting

http://www.signonsandiego.com/news/politics/recall/20030813-1147-ca-recall-cost.html

Buffett Joins Schwarzenegger Campaign as Adviser

http://www.washingtonpost.com/wp-dyn/articles/A55869-2003Aug13.html

http://www.utdallas.edu/police/wavs/hstlavsta.wav

An actor and an investor

http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2003/08/13/BU297300.DTL&type=business

TV's Leno Invites Calif. Recall Candidates on Show

http://www.washingtonpost.com/ac2/wp-dyn/A56047-2003Aug13?language=printer

Voter Initiatives Limit Calif. Wiggle Room

http://www.washingtonpost.com/wp-dyn/articles/A56185-2003Aug13.html

Latino voters face election quandary

http://www.bayarea.com/mld/mercurynews/news/special_packages/recall/6521656.htm

Hutchison: A new `Idol' contest for California's young voters

http://www.bayarea.com/mld/mercurynews/news/special_packages/recall/6523281.htm

New York Times “complete coverage”—if your interested?

http://www.nytimes.com/pages/national/nationalspecial3/index.html

San Jose Mercury-News Full Coverage

http://www.bayarea.com/mld/mercurynews/news/special_packages/recall/

[Headlines]

This Day in American History

compiled by Kit Menkin

1746-Fort Oswego in north central New York was captured by the French under General Joseph de Moncalm de Saint-Veran. General Montcalm rendered the fort useless for military purposes and returned to Montreal.

1776- land grant to deserters from the British Army during the Revolutionary War was authorized by the act of the Continental Congress. The act offered American citizenship to British and Hessian deserters from the British Army and gave each desert or his heirs 50 acres of unappropriated land in certain states. On August 27, 1776, a similar act was passed to encourage officers in the British forces to desert.

1846-Henry David Thoreau is jailed for tax resistance. (more about this in next year’s edition.)

1848-Congress created the Oregon Territory (Idaho, western Montana, Oregon and Washington).

http://memory.loc.gov/ammem/today/aug14.html

1862-Confederate General Edmund Kirby Smith begins an invasion of Kentucky as part of a Confederate plan to draw the Yankee army of General Don Carlos Buell away from Chattanooga, Tennessee, and to raise support for the Southern cause in Kentucky. Smith led 10,000 troops out of Knoxville, Tennessee, on August 14 and moved toward the Cumberland Gap—the first step in the Confederate invasion of Kentucky. After a Federal force evacuated the pass in the face of the invasion, Smith continued north. On August 30, he encountered a more significant force at Richmond, Kentucky. In a decisive battle, the Confederates routed the Yankees and captured most of the 6,000-man army. The Confederates occupied Lexington a few days later.

http://www.civilwarhome.com/ksmithbio.htm http://www.spartacus.schoolnet.co.uk/USACWkirby.htm

http://www.amazon.com/exec/obidos/ASIN/0807118001/fast-bkasin-20/103-5362656-4423850

http://www.aoc.gov/cc/art/nsh/smith.htm

http://18.1911encyclopedia.org/S/SM/SMITH_EDMUND_KIRBY.htm

1863-Birthday of Ernest Lawrence Thayer, poet and journalist, born at Lawrence, MA. He wrote a series of comic ballads for the San Francisco Examiner, of which “Casey at the Bat” was the last. It was published and he received $5 in payment for it. Recitations of the ballad by the actor William DeWolf Hopper greatly increased is popularity. It is said that by 1900 there were few Americans who had not heard of “Casey at the Bat.” Died at Santa Barbara, CA, August 21, 1940.

1883-Birthday of African-American Ernest E. Just, American marine biologist, pioneer of cell division, born at Charleston, SC. He was the first recipient of the NAACP’s Spingarn Medal and was a professor at Howard University from 1907 to 1941, where he was head of physiology at the medical school(1912-20) and head of zoology(1912-41). He died October 27, 1941, at Washington, DC.

1900-After a siege of nearly two months, troops from the US ( Marines), Great Britain, France, Russia, Germany and Japan reached Peking and put down the Box Rebellion. Bitter antagonism against all foreigners in China broke into open warfare when a nationalist group, the Boxers, occupied Peking on June 20 and besieged members of the diplomatic corps, their families, and others in the British legation. The Boxers wanted to rid China of all foreigners. Under pressure from the U.S., the other powers agreed not to partition China further. On September 7, 1901, China and eleven other nations signed the Boxer Protocol, by which China agreed to pay 4333,000,000 in indemnity. The U.S. Received $24,5000,000 but in 1908 this amount was reduced and the money was used to educate Chinese students in the U.S.

1909-Jazz violinist Stuff Smith Birthday

http://www.digitalviolin.com/SmithGrapelli.html

http://www.harlem.org/people/smith.html

1926-Birthday of pianist/singer Buddy Greco, Philadelphia, PA.

http://www.candidrecords.com/buddygreco.html

1929-Birthday of singer Lorez Alexandria, Chicago, IL

1930—Birthday of vibraphonist Eddie Cost, Atlas, PA.

1935-Congress approved the Social Security Act, which contained provisions for the establishment of a Social Security Board to administer federal old-age and survivors’ insurance in the US. By signing the bill into law, President Franklin D. Roosevelt was fulfilling a 1932 campaign promise.

As a side note, US Senators/Congressmen do not pay into Social Security, and, therefore they do not collect from it. They felt they should have a special plan. When they retire no matter how long they have been in office, they continue to draw their same pay until they die, except it may be increased from time to time by the cost-of-living.

1945- President Truman’s announcement in 1945 that Japan had surrendered to the Allies, setting off celebrations across the nation. Official ratification of surrender occurred aboard the USS Missouri

at Tokyo Bay, September 2 ( Far Eastern Time ).

1947-Miles Davis records his first session under his own name, New York City ( Half Nelson, Milestones, Little Willie Leaps).

1949---Top Hits

Some Enchanted Evening - Perry Como

Bali Ha’i - Perry Como

Again - Doris Day

I’m Throwing Rice (At the Girl that I Love) - Eddy Arnold

1953 - David N. Mullany and his 13-year-old son, David A. Mullany, while trying to come up with a ball that would curve every time it was thrown, wound up inventing the Wiffle Ball. The ball had oblong holes on the top half, and a solid bottom. The original Wiffle bat was wood, but for many years it has been a skinny glowing yellow shaped plastic bat.

1953-June Christy records “Something Cool,” Los Angeles.

1957---Top Hits

(Let Me Be Your) Teddy Bear - Elvis Presley

Love Letters in the Sand - Pat Boone

Tammy - Debbie Reynolds

Bye Bye Love - The Everly Brothers

1959-The formation of the American Football League was announced at a press conference in Chicago. Play was set to begin in 1960 with at least six and possibly eight franchisees.

1959-Birthday of Earvin “ Magic” Johnson, Jr., former basketball player and coach, born Landsing, MI.

1965- Frank Mitchell, age 15, of Springfield, IL, was appointed by Representative Paul Findley, Republican of Illinois, to become a Congressional page, the first African-American to hold

this position in the history of the United States.

1965---Top Hits

I Got You Babe - Sonny & Cher

Save Your Heart for Me - Gary Lewis & The Playboys

Unchained Melody - The Righteous Brothers

The First Thing Ev’ry Morning (And the Last Thing Ev’ry Night) - Jimmy Dean

1969 - The New York Mets were 9-1/2 games behind the league-leading Chicago Cubs. The Amazing Mets began a comeback that launched the phrase, “You Gotta Believe,” as they began a drive that took them to the National League pennant and the World Series Championship (over the Baltimore Orioles). It was the first championship for the Mets franchise which began in 1962.

1973---Top Hits

The Morning After - Maureen McGovern

Live and Let Die - Wings

Brother Louie - Stories

Trip to Heaven - Freddie Hart & The Heartbeats

1976- the longest softball game began at 10am and continued until Saturday, 4pm, when it was called because of rain and fog. The game was played at Summerville Field, Monticello, NY between the Gager’s Diner and the Bend n” Elbow Tavern. About 70 players, including 20 women participated. Some $4,000 was raised for the construction of a new softball field and for the Community General Hospital. The Gagers made 832 hits and scored 491 runs; the Elbows made 738 hits, scoring 467 runs. There were 31 home runs. To date, this remains the longest softball game on record.

1977---77,691 fans, the largest crowd to that date to watch a soccer match in the US, saw the New York Cosmos, led by Pele, defeat th4e Fort Lauderdale Strikers, 8-3, in a National AmericanSoccer League quarterfinal playoff game at the Meadowlands in East Rutherford, NJ.

1981---Top Hits

Jessie’s Girl - Rick Springfield

Endless Love - Diana Ross & Lionel Richie

Theme from "Greatest American Hero" (Believe It or Not) - Joey Scarbury

Too Many Lovers - Crystal Gayle

1982-The first National Navajo Code Talkers Day. Coded military radio transmissions using aNative American language began in 1942, when the Allied and Axis powers were competing to devise communications codes that could not be deciphered by the enemy. Philip Johnston, a missionary’s son who had grown-up on the Navajo reservation, proposed the idea of using the Navajo language, a complicated system in which the meaning of a word is often determined by expression and pronunciation. Marine Major General Clayton B. Vogel approved the plan and recruited 420 Navajo “ code talkers” to handle coded radio communications in the Pacific theater. the codes combined everyday Navajo words with about 400 special terms made up by the code talkers. Members of other tribes were employed as well. The Japanese were aware of the Navajo codes, but never broke them. They were kept top secret until 1968.

1984 - IBM released PC-DOS v3.0 for PC/AT (with network support). A 286 processor, 20-30 megabyte hard drive and 256k/512k RAM for somewhere between $6000 and $9000.

1987 - Mark McGwire set the record for home runs by a rookie, as he connected for his 39th round-tripper of the season. He got the homer off of 317-game winner Don Sutton of the California Angels. McGwire led the Oakland Athletics to a 7-6 win -- in 12 innings.

1989---Top Hits

Right Here Waiting - Richard Marx

On Our Own - Bobby Brown

Once Bitten Twice Shy - Great White

Timber, I’m Falling in Love - Patty Loveless

1990-Denver votes for a 1% sales tax to pay for a baseball franchise.

1998 -The A's Rickey Henderson's stolen base in the first-inning against the Tigers makes the thirty-nine year old the oldest player to steal 50 bases in a season.

1999 -With Pudge's 20th stolen base in Chicago, Texas backstop Ivan Rodriguez becomes the first catcher in major league history with 20 homers and 20 stolen bases in the same season.

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note from the editor:

Was in Lake Tahoe for two days. Had a great time. Lake was beautiful.

We rented a great house on the lake for the family right after

Christmas. I told Sue I would not take my laptop, but am back until the end

of September, when we go to Hawaii for a wedding. Kit

This Border ##### Denotes Press Release (Not Written By Leasing News)

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