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Sales Professional-Nationwide
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Ascentium Capital is self-funded equipment finance company focused on vendor programs across many industries, as well as end-user transaction sizes ranging from $10,000 to $500,000 per schedule.

We offer unlimited earnings potential based on your ability to innovate and produce results within an entrepreneurial sales environment. In addition, we offer a comprehensive benefits package which includes Medical, Dental, Vision, 401(k), Profit-Sharing as well as paid holidays.

If you believe that you have what it takes, please send your cover letter and resume to:
Join a resource-rich company with over $300,000,000 in lending capacity for your customers.

Wednesday, February 1, 2012

Today's Equipment Leasing Headlines

Archives February 1, 2001
  Steve Geller Says "Goodbye" as Orix Closes Rediscount Center
    Classified Ads---Senior Management/Syndicator
Mount Pleasant Capital
 Launches Major Franchise Lending Program
   —Bob Rodi, a long time friend
       Placard---Cashflow is King
        Classified Ads---Help Wanted
         Recent Testimonials--Help Wanted Ads Work!
      Story Credit Lessors---Up-Date
  Chris Enbom-Doug Houlahan
    —“Why I Became a CLP”
Why isn’t Sheldon Player in Jail?!” “Why aren’t they in Jail,
  Jim Raeder, Mark McQuitty?” “What about the vendor Donner?”
   Lessor investment in Cloud Computing set to soar
    Westmoreland County, Pennsylvania Adopt-a-Dog
     Classified ads—Asset Management
News Briefs---
 Paccar's revenue surges in 2011 as profit tops $1 billion
  Andreessen's VC firm raises $1.5B to invest in tech startups
   Construction Industry Optimistic: to Improve in 2012
    Commercial lender CIT's 4Q profit shrinks 59 pct
     Atlanta home prices hit 13-year low

Broker/Funder/Industry Lists | Features (collection)
Top Ten Stories Chosen by Readers | Top Stories last six months

 Cruise Bookings Fall After Concordia Shipwreck    
  You May Have Missed
   A Tip of the Day Calendar for February or Any Month
    SparkPeople--Live Healthier and Longer
      Sports Briefs---
        Football Poem
         California Nuts Briefs
           "Gimme that Wine"
       This Day in American History
           Daily Puzzle
               Weather, USA or specific area
                 Traffic Live----

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




Archives February 1, 2001

Steve Geller Says "Goodbye" as Orix Closes Rediscount Center


Front row, from left to right, Cliff Fromm, Bob Salge, Allison Feinstein
Pryor. In the rear, standing, are Steve Geller, Francie Wilbourne and Paul Eidelkind. Dorado Beach Hotel in Puerto Rico. ELA Funding Exhibition in Chicago, April, 1990. At the time the picture was taken, Cliff Fromm was/is with Capital Leasing, Paul Eidelkind was/is with Parimist Funding Corp. and the others, Steve Geller, Bob Salge, Francie Wilbourne and Allison Feinstein (now Pryor) were with ORIX Credit Alliance.

Orix---Steve Geller Confirms the News with His Departure

“Kit: Apparently you hit the name right on the head. Orix has closed down the Rediscount Division, which had been in operation successfully as a separate unit/branch since 1981 and is no longer accepting paper from third party lessors or brokers. Joan and P.K. remain at the company as credit managers in the direct operation. Charlie, Marlee and Lauri (all familiar names to the broker community) are involved in collections. I am considering starting a consulting business to help out any broker, lessor or funder who may need assistance in structuring deals, working out problem accounts or any other lease related matter...”


Steve Geller, CLP
755 Route 340
Palisades, New York 10964
Phone: 845.362.6106
Fax: 815.642.0837
Cell: 914.552.0842


Classified Ads---Senior Management/Syndicator

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

25+ yrs exper. management roles Chase, AT&T Capital, Heller Financial, SFS. Develop biz from “scratch to success”. Looking for challenging & pioneering job. 

Philadelphia, PA
27 yrs. exp. sales, ops., credit, strategy, P&L mngmet. Most recently created & executed the biz plans for 2 highly successful Bank-owned small ticket leasing subsidiaries. 
Southern CA
20 years exp. as hands-on leasing CFO, managing accounting, treasury, FP&A, including securitizations, Great Plains/FRx, budgets, risk management.  MBA.  Also available as interim Controller/CFO, consultant.


Overland Park, KS
Top Syndicator from single deal to portfolios. 20+ yrs exp. Available for contract work or full time position. Nationwide contacts. 

Free Posting for those seeking employment in Leasing:

All “free” categories “job wanted” ads:



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

Mount Pleasant Capital
Launches Major Franchise Lending Program

Warrendale, PA,—Mount Pleasant Capital, LLC (MPC) announced that it has entered into a venture with a subsidiary of a global insurance company. The program will focus on non-real estate franchise lending for transactions between $100 thousand and $5 million, filling the current void in the franchise industry for a national, non-bank lending program focused on small to mid-market transactions. As the program evolves, real estate franchise loans and loans larger than $5 million may also be considered.

MPC has been appointed managing agent for the program to originate and underwrite creditworthy franchise transactions, working directly with both franchisees and franchisors whose expansion plans have been on hold due to the current lending drought. MPC will also manage the funding process and handle portfolio administration for the new venture. Bob Rodi, Managing Member of Mount Pleasant Capital, will oversee the executive responsibilities associated with the agency appointment.

"Our new venture is very well capitalized and has a team with a securitization underwriting background as well as extensive expertise in risk assessment and mitigation, “Bob Rodi stated.” We have designed this lending platform specifically to focus on the under-served small to mid-ticket markets. We believe that we have the perfect combination of experience, financial strength, and the desire to invest in a great American industry. The alignment of interests associated with this venture will foster the growth of a successful national franchise finance program that will thrive in the "new normal" credit environment."

This program will expand the team's reach and capability by providing them with the ability to consider virtually any transaction that makes economic sense and which meets underwriting criteria. Mr. Rodi stated, "My team is looking forward to fully implementing this new program since we will now be able to consider larger volume, multi-unit franchise loans, real estate loans and portfolio acquisitions."

MPC will also be engineering further enhancements to its Internet based processing system which uses a custom web based interface to connect to the Fair Isaac Liquid CreditTM platform. MPC has customized Liquid CreditTM with scored parameters that have proven to be highly predictive in screening franchise applicants. The software and website can provide rapid response screening to franchisors who cannot afford to waste time on unqualified prospects. The venture also offers qualified franchisors, who find that they are increasingly involved in the lending process, the opportunity to work with a true financial principal who can assist not only with financing, but also with the logistics of setting up and managing captive finance and other risk sharing programs. "Franchisors who make the decision to take an active role in the finance process will be the ones that see their systems flourish in the years to come," stated Mr. Rodi.

The new platform was launched on January 3, 2012, the first official business day of the New Year. Franchisors who are interested in discussing the new lending platform and various programs are invited to contact Bob Rodi directly at 1-800-321-5327, x 101.

About Mount Pleasant Capital, LLC -Headquartered in Warrendale, PA., Bob Rodi and his team have been providing financing to franchises and small businesses since 1988. Over the past decade, the team has originated and funded more than 2,000 loans and leases representing over $200 million in receivables.

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

Comprehensive personal property tax outsourcing services
We accept file exports and integrate personal property tax information with all lease management or accounting software. No other firm offers the combination of individual attention, software capabilities expertise, "full disclosure" and web port accessibility to information more than we do. 

Click here to learn what our clients say about our service
Gary DiLillo, President 440.871.0555 or



—Bob Rodi, a long time friend

Bob Rodi was one of the original Leasing News Advisory Members in June, 2000:

Bob Baker, Wildwood Financial
Phil Dushay, Global Leasing
Mike Granieri, Granieri and Associates
Ken Greene, Attorney
Bob Rodi, LeaseNOW
Bob Teichman, Teichman & Associates
Andrew Thorn, Thalman Finance
Rob Yohe, Yohe and Associates

" I feel that what you are proposing will be very useful to brokers and funders."
Steve Crane, Bank of the West

" I have been following your newsletters and really find them informative. As a matter of fact I look forward to them. If you feel someone on the east coast could help, you can count on me."
Phil Dushay, Global Leasing

"I will help you in any way I can."
Andy Thorn, Thalman Financial

" I'm for anything to improve the industry. I would like to see all of us in the business, Brokers, Lessors, Funders and everyone else in the industry gets along better."
Roy Yohe, Lease Consultant

" I think your newsletter is an important to the industry."
Bob Baker, Wildwood Financial

" This may be an opportunity for people who are either members of different associations or who are not affiliated with any to come together to find a solution ( to fraud and unprofessional conduct ). An industry-wide Code of Ethics is critical. "
Bob Teichman, Teichman Financial Training

" I think that we may be able to do some things that the associations cannot. I will always be on board for anything that promotes our industry, raises standards and preserves our livelihood. I also feel that this effort will have a lot of credibility because there is no profit motivation."
Bob Rodi, LeaseNOW

" I hope that I am able to make a positive contribution."
Ken Greene, Attorney


Current Leasing News Advisors

Leasing News
Chairman, Advisory Board
Bob Teichman, CLP Teichman Financial Training, Sausalito, CA.
Advisory Board
Edward Castagna InPlace Auction, Melville, New York
Steve Crane, CLP Bank of the West, Walnut Creek, CA

Endeavor Financial Services, Costa Mesa , CA

Phil Dushey Global Financial Services, Manhattan, NY
Ken Greene, Esq. Hamrick & Evans, Universal City, CA
Shawn D. Halladay The Alta Group, Salt Lake City, UT
Robert S. Kieve Empire Broadcasting, San Jose, CA
Bruce Kropschot Kropschot Financial Services, The Villages, FL
Bruce Lurie Douglas-Guardian Services Corporation, Houston, TX
Andrew Lea, M.A. NetSol Technologies, N.A., Alameda, CA
Allan Levine Madison Capital, LLC., Owings Mills, MD
Don Myerson BSB Leasing, Colorado, Hawaii
Armon L. Mills, CPA J.H. Cohn, LLP, San Diego, CA
Tom McCurrin Barton, Klugman & Oetting, Los Angeles, CA
Hugh Swandel The Alta Group, Canada
Ginny Young former Brava Capital, Orange, CA
Rosanne Wilson, CLP 1st Independent Leasing, Beaverton, OR

Christopher Menkin Saratoga, California







Leasing Industry Help Wanted

Sales Professional-Nationwide
Are you producing over $400,000 a month and
want the ability to reach $1 million a month?

Ascentium Capital is self-funded equipment finance company focused on vendor programs across many industries, as well as end-user transaction sizes ranging from $10,000 to $500,000 per schedule.

We offer unlimited earnings potential based on your ability to innovate and produce results within an entrepreneurial sales environment. In addition, we offer a comprehensive benefits package which includes Medical, Dental, Vision, 401(k), Profit-Sharing as well as paid holidays.

If you believe that you have what it takes, please send your cover letter and resume to:
Join a resource-rich company with over $300,000,000 in lending capacity for your customers.


Marketing Associate
Los Angeles, California

Direct, small ticket ($10k-$250k) leasing company
looking for an energetic, intelligent quick thinker to be our Marketing Associate. 3+ years of commercial equipment leasing experience required. Daily activities include: deal previews, prospecting, managing prospect
database and other marketing support.
Contact: Michael Green,
(310) 696-3030 x 124

Dakota Financial provides equipment leasing/finance solutions to small businesses throughout the United States. We specialize in providing funding for those who can not obtain financing from traditional sources.

For information on placing a help wanted ad, please click here:

Please see our Job Wanted section for possible new employees.






Recent Testimonials--Help Wanted Ads Work!

"The ad worked great. We hired a Documentation Coordinator that has been out of the industry for almost 3 years as a friend of hers saw our ad on Leasing News. She is now in her 2nd full week.

"We are actually looking to fill 4 sales positions this year so we’ll likely be back again. It feels nice to be managing growth, albeit measured, again.

Andrew Nere, President
Innovative Lease Services, Inc.

""I want to thank you for listing our Business Risk employment position in Leasing News. Through our various postings, we received resumes from over 50 very qualified candidates.

""I am very happy to report that the position has been filled..."

Laurie Bakke, President
Western Equipment Finance

Leasing News Help Wanted Ad Pricing

Help Wanted Web Ad New Programs

Classified Ad Section 
(rotates chronological above headlines and 
also appears in Classified Ad section.) *

21 days in a row:
$595 four lines (a space is a line) 
($40 each additional line or space)

Design work is free. Logo is free as well as company description not to exceed the number of lines of the ad.
Also free: click to a click to a web site or a full description of the position.

Ads are placed in the "Help Wanted' section by category, alphabetical, with the ad with the most lines first in the group. They appear on the web site and in each news edition at the top in a rotation basis per issue.

* Help Wanted” ads  appear in each issue on a chronological basis above the top headline as a courtesy. This position is not available as a paid position, but is generally on a rotation basis.  At the same time, the ad continues in the classified help wanted section in the news edition and web site, so in effect appears twice.

Leasing News reserves the right to refuse advertising, particularly to a company that has appeared in the complaint bulletin board


Story Credit Lessors---Up-Date

These companies specialize in "C" and "D" credits, often new businesses, or businesses where the principal(s) have Beacon score around 600 or previous difficulties; meaning to become comfortable with the credit and financial situation you need to learn the "story" to make a positive decision, often requiring further security, shorter term, or additional guarantors. Many of these companies may also have programs for “A” and “B” rated companies, but their specialty is not being a “cookie cutter” and often require full financial statements and tax returns as well as a “story about the company, its history, goals, circumstances” to fully understand the full financial picture.

To qualify for this list, the company must be a funder (as qualified by Leasing News and on the “Funder List” and not a "Broker/Lessor" or "Super Broker/Lessor", along with an acceptable Better Business Bureau Rating and no history of complaints at Leasing News, as well as notifying lessees in advance when the lease will end and what the residual will be, specifically not automating extra lease payments, or insisting their discounter follow the same policy. We reserve the right to not list a company who does not meet these qualifications.

Leasing News encourages companies who are listed to contact us for any change or addition they would like to make. Adding further information as an "attachment" or clarification of what they have to offer would be helpful to readers is very much encouraged.

Alphabetical list - click on company name to view more details

Advantage Funding
Agility Ventures
Allegiant Partners Incorporated
American Leasefund, Inc. 
Bankers Capital 
Black Rock Capital
BSB Leasing, Inc 

Calfund, LLC
Cobra Capital, LLC
Dakota Financial
Forum Financial Services, Inc.
Gonor Funding
Maxim Commercial Credit 
National Machine Tool Financial 

Northwest Leasing Company, Inc. 
Pawnee Leasing Corporation
P&L Capital Corporation 
Standard Professional Services, LLC
TEAM Funding Solutions




Chris Enbom-Doug Houlahan
—“Why I Became a CLP”

Doug Houlahan, CLP, was with Allegiant Partners in San Rafael, California, and is now at Maxim Commercial Capital, Los Angeles, San Francisco, California.

Chris Enbom, CLP, is the CEO at Allegiant, past-president,
National Equipment Finance Association.

Their Story

"Doug, who I was working with at the time, said he was taking his CLP in a couple weeks. I told him I thought I could score higher than him just studying for a week. "

" It was only a couple of weeks before the United Association of Equipment Leasing (now National Equipment Financial Association) Conference in Tahoe that we threw down the gauntlet and I don't recall who dared who but neither one of us was likely to back down from that kind of bet. Actually it was a little foolish on my part as Chris spent his entire career in the Leasing industry and was teaching Leasing classes when I first met him back in 2001. If you ever get a chance ask him about his near miss with the Twin Towers on 9/11."

"Due to the short window of time to prepare, and the fact that I received my CLP Book about 10 days before the test, I didn't have a lot of time to prepare and therefore no mentor or formal training. I do remember however, sitting outside our hotel with Chris the day before the test reading the history of leasing and making sure I had "Lease Classification" down solid. The balance of the material I either did on a day-to-day basis or was heavily exposed to at Allegiant Partners.

"No mentors! Luckily I had built a leasing company from scratch so I really know lease accounting, tax accounting, collections, etc.

"I read the CLP book once (took a few hours) and reviewed sections of the CLP book before taking the test. I studied a few hours.

"Remember, though, I live an breathe pretty much every aspect of the test every day running an equipment finance company with its own balance sheet.

"We took the test in Lake Tahoe (in Nevada) at the fall UAEL conference. We had both been up until 4:00 am the two nights before. We were staying at a casino. It was a fun conference! That 8 hour exam was not easy to get through! "

"I must say that I really underestimated the quality of the CLP test going into it, while it was challenging, it was very relevant and does a great job testing your knowledge in every facet of the leasing business.

"Chris had been in the industry a long time and used his experience to help him build Allegiant, I'm very grateful for my experience and the benefit of my CLP to help me build Maxim Commercial Capital. As was discussed in some Marketing pieces for the CLP a couple years ago, it may not necessarily be what you know from the CLP, you may actually receive as much benefit from knowing what you don't know that can benefit your career and your Company."

"And while we both took the test and we both passed, they never gave us our scores. So - I took it as part of a bet and we never found out who won. We are both very competitive (actually I think in Doug I finally found someone more competitive than me).

"One day I sure would like to know if I scored higher than he did."

"I probably find myself in more situations that are not necessarily beneficial due to my machismo, however the CLP bet was one I've benefited from tremendously and will continue to for years to come."

“All joking aside about who outscored who, it is a commitment of time and energy, but you will learn a huge amount by studying for the test. It is a hard test.

“For people who are not heavily involved in all aspects of leasing, finding a mentor to help you out is helpful. NEFA also has classes at various times and if you have a group they are usually willing to put a class on in your location.”

Why I Became a CLP Series:

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Why isn’t Sheldon Player in Jail?!” “Why aren’t they in Jail,
Jim Raeder, Mark McQuitty?” “What about the vendor Donner?”

The great majority of emails regards the following stories with readers complaining they haven't heard anything new, many seems to have missed the up-dates, as well as the most prevalent, "Why is Sheldon Player not in jail."

The various legal cases involving Sheldon Player and Equipment Acquisition Finance continue, and while his estranged wife Dorothy Malone has declared bankruptcy, he has not, and a recent event regarding gambling debts, winnings, have resulted in another case involving the IRS and the trustee regarding amounts paid that the trustee considers overpayment and due the creditors of the bankruptcy. Player was sent to jail regarding the early 1980's for $75 million fraud against Greyhound Leasing Financial Corp for a fraud that sounds like the earmark of the latest, which is estimated at over $135 million, again involving non-existing equipment or used equipment claimed new leased many, many times. Leasing News brought to the industry attention his background in May, 2000. January 10, 2010 the company was forced into bankruptcy by many creditors.

Yes, Sheldon Player is still a "free man," as the trustee for the Equipment Acquisition Resources and IRS duke it out over gambling debts, other deductions, and claims for refund to the bankruptcy court. The latest is a "status Hearing" February 15, 2012. (1)

The case regarding First Premier Capital, LLC v. VonLehman & Company regarding the financial statements and representations with a demand of$9,999,000: Motions for summary judgment are due by August 10, 2012.A trial has been set for January 7, 2013. (2)

(1) EAR-IRS Status:

(2) First Premier-VonLehman status:

(3) Collection of EAR and Sheldon Player Stories:

In 2007, the FBI investigation dubbed "Operation Lease Fleece" indicted over 23 in their roles in a fraud scheme that allegedly caused more than $20 million in losses to several lending institutions that believed they were financing equipment leases. Many were disguised "sale/leasebacks" or leases that exceeded the "soft costs" such as software and installation. Many were on ghost equipment. Adam Zuckerman told Leasing News he set up phony bank accounts, trade references, fake vendors, knew how to fool site inspections, and existed before the days of Lease Police.

Eventually those tagged by the FBI grew to at least 32, perhaps more. No information is coming from the US Attorney's office or the FBI. Many have been sentenced from pleading guilty. One trial regarding two brothers is in the works and the rest await sentencing. Here is the up-date of those dates:

Mark McQuitty, co-founder CapitalWerks, sentencing sent for May 14, 2012 before Judge Cormac J. Carney (going on over four and a half years since pleading guilty)

James Raeder, co-founder CapitalWerks, sentencing set for June 4, 2012 before Judge Cormac J. Carney (going on over four and a half years since pleading guilty)

Adam Zuckerman, head of BrickBanc and others, sentencing set for 3/19/2012 11:00am before Judge Cormac J. Carney (going on four and a half years since pleading guilty!)

Leigh Dorand, 42, Tech Capital, Phoenix, Arizona sentencing continued until February 22, 2012.

Paul Arnold, 60, Brickbanc, Laguna Hills sentencing sent for February 22, 2012.

Chance Nell Weaver, Axis Communications, Tarzana sentencing continued to January 23, 2012. (No record in Pacer, except the last filing notes "Both the defendant and the Government agree that there are still pending productive meetings that have been scheduled and will be scheduled during the proposed extended time period, the impact of which may be significant for the court to consider at the time of sentencing. In addition, defendant's counsel encountered several calendaring conflicts over the last six months as a result of out of district trials. Defendant's counsel have remained in communication with AUSA Waier during the commencement of their unrelated trial schedule and are in the process of arranging dates going forward." (3)

Michael Scott Grayson, Axis Communication, Tarzana sentencing continued February 6, 2012.

Chant Vartanian, president of ISystems Technology and Solutions, currently operating under several business names, "trial date is continued to March 6, 2012 at 9:00 a.m. IT IS FURTHER ORDERED that the status conference is continued to February 27, 2012 at 9:30 a.m."

Sarkus Vartanian, vice-president of ISystems Technology and Solutions, currently operating under several business names, "trial date is continued to March 6, 2012 at 9:00 a.m. IT IS FURTHER ORDERED that the status conference is continued to February 27, 2012 at 9:30 a.m."

(3) Chance Neil Weaver

Operation Lease Police Stories:


Fort Dix Pen, New Jersey

CHARLES K SCHWARTZ 62504-050 58-White-M Release Date: 10-29-2024

Charles K. Schwartz has been moved to "The Federal Correctional Institution (FCI) in Fort Dix, New Jersey, is a low security facility housing male inmates. A satellite camp is located adjacent to the FCI and houses minimum security male inmates.

Bruce Donner, 52, of Berkeley Heights, N.J., owner of Donner Medical Marketing Inc., a New Jersey corporation that purported to be a medical equipment vendor, and forged invoices for Schwartz, sentencing is set for 2/14/2012 11:30 AM in Newark - Courtroom 5C before Judge Susan D. Wigenton.

The founder of Allied Health Care Service Founder was sentenced 16 years and three months in prison, plus three years of supervised release, and ordered Schwartz to pay $80 million in restitution for fraud, as wells to forfeit $75 million ( he filed bankruptcy before pleading guilty). According to U.S. Attorney records, he had executed over $135 million phony leases that caused losses of more than $80 million, not counting court and collection costs by more than 50 financial institutions that he was found guilty of stealing by using phony invoices for equipment that do not exist to lessees that did not exist. Leasing News issued its first alert regarding Allied Health Care Services on February 19, 2010 and told by the many lessors and brokers he was an "excellent account."

"FCI Fort Dix is located in Burlington County on the Fort Dix/McGuire Air Force Base military installation. It is approximately 40 miles from Philadelphia, Pennsylvania, and 30 miles from the New Jersey shore."

Information about visiting regulations, legal activities, admission and orientation are available at:

One of his inmates is the convicted head of LeNature, Gregory Podlucky:

"He is awakened at 6 a.m. every day. He must stand for inmate counts five times a day, starting at midnight and ending at 9:30 p.m. At that time, its lights out for Podlucky and 402 fellow prisoners in the low-security camp outside the main prison at Fort Dix, which houses more than 4,300 inmates, according to the federal Bureau of Prisons

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


Lessor investment in Cloud Computing set to soar

Written by Brian Rogerson
(Reprinted with permission)

Nearly one-third of companies interviewed by IDC Research for an equipment leasing industry survey completed in December 2011 plan to use external leasing or financing for cloud initiatives.

Inquiries about cloud computing received by The Alta Group from information technology (IT) vendor executives center on how to formulate an entirely new form of financing that requires adjusting internal relationships (including cost allocations) and external market approaches - particularly pricing and transaction structuring.

Since cloud computing represents a significant, new area for growth - possibly the largest opportunity in the IT marketplace for the next several years - and there are no standards for comparison, taking full advantage of this opportunity requires research, benchmarking and deep experience in creative service financing.

While some lessors may still be grappling with the definition of cloud computing, others are already in various stages of developing a new business niche.

The Equipment Leasing & Finance Foundation's recent report based on IDC's research, Financing the Cloud - A Market Study, found that:

• Cloud infrastructure build-out is an expanding segment with positive long-term financing prospects for IT leasing and finance companies. Global spending to build internal private IT cloud infrastructure and public IT cloud infrastructure reached an estimated $12.7 billion in 2011 and should exceed $32.3 billion by 2015;

• IT public cloud services represent another growth opportunity. IT organizations and consumers have begun buying computing and storage resources from third-party service providers in a manner reminiscent of timeshare services. Globally, customers spent 30% more on public IT cloud services in 2011 ($29 billion) than in 2010, and should spend $55 billion annually by 2014;

• Unusually high cash balances at Fortune 500 businesses concerned about the economy represent the greatest short-term challenge for IT leasing and finance companies. On the other hand, "the pendulum on cash hoarding will shift to leasing and financing over the next 24 months, as end users look to leasing as a means to limit their risk exposure for IT equipment and solutions...."

• Now is the time to consider cloud financing initiatives. "IDC believes that as uncomfortable and potentially confusing as IT cloud computing seems in its current forms, these market segments have reached the multibillion-dollar threshold, and based on that, it is time for providers to begin pursuing these financing opportunities, as they account for almost half of this market's net growth."

Melisa Carter

So far, mostly captives and independents are exploring potential business models, according to Melisa Carter, a consultant with The Alta Group who was involved in the development of the study.

However, she added, there is a long way to go before most credit officers and chief information officers reach comfort levels. She also spoke on the subject during a recent foundation webinar that was well attended, mostly by people with questions about how to determine credit and risk factors in this entirely new kind of financing.

Carter said the most valuable finding of the foundation's study was that cloud computing represents a real and accessible technology with economic benefits regardless of the challenge of implementing it. Although the industry will have to overcome some hurdles including metering and related measurement issues, she is confident that, as with past challenges, a solution - most likely a variety of solutions - will be developed.

Jonathan L. Fales
Senior Managing Director
The Alta Group

Jon Fales, a senior managing director in The Alta Group and leader of the consultancy's IT vertical practice, explained: "In the past, IT and office equipment vendors could measure usage-based, cost-per-unit cycles or number of copies, but with cloud computing an application might be running on different servers and it would be almost impossible to track cost-per-unit time".

"You can't use old school measures. Vendors are now trying to figure out how to measure usage based on number of users and their ability to log in to the cloud application as needed. Vendors also are grappling with the implications these cloud structures will have on revenue recognition."

"Other market dynamics will also have to be addressed strategically. For example, many customers of captive IT vendors will either reduce the size of their own data centers or move entirely to public clouds. This will result in fewer clients but larger portfolios for some lessors, who in turn will have to consider their concentration risks."

Other questions arise when looking at cloud computing as a service. "For example, if there is a default, what can be repossessed? Cloud financing will require understanding critical-use software, and knowing how important use of the application is to the business," Fales said.

Carter added: "There are active discussions going on now between captives and parent companies about how to do this."

“Alta is an excellent source of knowledge and guidance in evaluating options and determining a path”, she said. “The consultancy has 20 years of experience performing industry benchmark studies and helping organizations establish successful new business models and outsourcing relationships and structures. Its team of proven consultants includes professionals with vendor financing experience, such as Paul Frechette, and risk management experts, such as Joe Boland and Andy Mesches.”

This article appears with the kind permission of The Alta Group North America

Printed with permission. To Subscribe:

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Westmoreland County, Pennyslvania -- Adopt-a-Dog

Lab Mix
Up-to-date with routine shots
Primary colors: Brown or Chocolate, Black
Coat length: Medium

"These pups are from an abuse case. They are very nice. They came in covered in mud. They are now bathed, vetted and ready for a new start in life. They have very nice temperaments."

Humane Society of Westmoreland County, Greensburg, PA


PO BOX 1552

Adopting a friend
Hours Mon-Wed-Thurs 1pm-7pm, Friday 1pm to 4pm, Sat 10am to 3pm, , Sun Noon-3pm We have beautiful cats and kittens of all ages. All cats and dogs have shots appropriate to their age. All cats and kittens are $70. Effective January 10, 2006, all puppies are $150 and dogs are $100 UNLESS OTHERWISE SPECIFIED. We have dogs and puppies of all breeds and sizes. The increase in puppy price includes their remaining shots to be given at our facility, and other support services.

Application, Directors, More Information at:

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Adopt a Pet




Classified ads—Asset Management

Leasing Industry Outsourcing
(Providing Services and Products)

Asset Management: Atlanta, GA
premier provide accounts receivable management functions from 3rd Party contingency collections to Portfolio Purchasing. Contact George Elliott, National Account Manager. 678-694-9063, 

Asset Management: Boston, MA
Nationwide appraisals, remarketing, audits, inspections and more! Over 15-years industry experience and dedicated to deliver personal, prompt, professional services. 
Call Chris @ 508-785-1277. 

Asset Management: Minneapolis, MN
NetSentric provides services to leasing companies: Inspection, Appraisals, Auditing, Warehousing, Repossession, Asset Management, Repairs, Remarketing and Field Service for Electronics and Computing Technology.

Asset Management: Monroe, NC
Recover a greater return on your investment.  We specialize in the woodworking, pallet, sawmill and forestry industries. Meier (704)288-1904 x103
Asset Management: Nationwide 
BUYER/LENDER BEWARE. Don't sign anything until Collateral Verifications Inc. goes onsite, knocks on the door and gets the facts.

Seasoned and fair priced workforce is at your service for all lease collections, repossessions, and asset liquidations, appraisals.  Call Nassau Asset Management 800-462-7728   

Asset Management: NorthWest Sequent provides collateral recovery, remarketing, and storage services to lenders with assets located in the greater Pacific Northwest. Professional services at reasonable pricing. Contact

  Asset Management: Orange City, FL
We help Lessors Liquidate un-wanted Assets valued at $750,000+. It's an effective method of Liquidating Assets such as Jets, Planes, Helicopters, Freighters, etc. 
Eric R. Sanders 
Tel  386-789-9441
Asset Storage/Re-Marketing: Ohio & surrounding states. Providing no cost warehousing, condition reports, digital photos and remarketing of off-lease forklifts & industrial equipment. NAFTA wide dealer network. Email to  
Asset Management:
South East US- AllState Asset Management 
Recovery, remarketing, inspections. 25 years experience, dedicated to deliver, prompt, professional services. 
Call Brian @
Asset Management: Global
Specializing in Semiconductor and Electronic Test Equipment collateral. Lender services include Consignment Sales, Remarketing, Portfolio Purchases, Inspections, De-installation, Repairs and Warehousing.
Bulldog Asset Management provides recovery and remarketing services with a difference. Contingent repos, free storage and industry experts to remarket.

Asset Management: Portsmouth, NH
Unique approach improves results, keeps costs down. Repossession, Storage, Inspection, Legal, Appraisal, Transport, Remarketing. Free advice and resources.Call 855.EENGINE

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News Briefs----

Paccar's revenue surges in 2011 as profit tops $1 billion

Andreessen's VC firm raises $1.5B to invest in tech startups

Construction Industry Optimistic: Activity Expected to Improve in 2012

Commercial lender CIT's 4Q profit shrinks 59 pct

Atlanta home prices hit 13-year low


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The quirky fans and media at Super Bowl Media Day

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Greg Knapp will return to Oakland Raiders as their offensive coordinator

Peyton Manning expects to play in 2012

Aaron Rodgers blasts some of his NFC teammates effort



Winter Poem

Songs of Myself 
             by Walt Whitman

first two paragraphs of “3”

I have heard what the talkers were talking, the talk of the beginning and the end,
but I do not talk of the beginning or the end.

There was never any more inception than there is now,
Nor any more youth or age than there is now,
And will never be any more perfection than there is now,
Nor any more heaven or hell than there is now.


California Nuts Briefs---

Controller: State to run out of cash in March without action


“Gimme that Wine” 

Tasting Douro Reds From Portugal---Eric Asimov

Bordeaux 2011: Calls for price drop after 'arrogant' 2010s

Grapes: The more the merrier in white blends

Winery job postings up sharply in 2011

Free Mobile Wine Program

Wine Prices by vintage

US/International Wine Events

Winery Atlas\

Leasing News Wine & Spirits Page



This Day in History

      1790- The Supreme Court of the United States met for the first time in New York City with Chief Justice John Jay presiding.
    1859-Considered one of America's greatest composers, Victor Herbert, was born in Dublin, Ireland.
    1860-The first Rabbi to open the House of Representatives with prayer was Rabbi Morris Jacob Raphall, rabbi of Congregation B'nai Jeshurn, New York City, who delivered the invocation at the first session of the 36 th congress.
    1860-Decree from Norton I, Emperor of the United States & Protector of Mexico, orders representatives of the different states to assemble at Platt's Music Hall in Frisco to change laws to ameliorate the evils under which the country is laboring.
    1861 - Texas seceded from the Union and joined the Confederate States of America.
    1862 - Battle Hymn of the Republic, written by Julia Ward Howe, was first published in the Atlantic Monthly. The song's music was inspired by the song "John Brown's Body." Howe just wrote new words for the existing music.
    1865- President Abraham Lincoln's signed into law the 13th Amendment to the US Constitution (abolishing slavery): "1. Neither slavery nor involuntary servitude, except as a punishment for crime whereof the party shall have been duly convicted, shall exist within the United States or any place subject to their jurisdiction. 2. Congress shall have power to enforce this article by appropriate legislation." The amendment had been proposed by the Congress Jan 31, 1865; ratification was completed Dec 6, 1865.
    1865-The first lawyer admitted to practice before the Supreme Court who was African-American was John S. Rock,. His admittance was moved by Senator Charles Sumner of Massachusetts. Chief Justice Salmon Portland Chase presided. It would be the last triumphant act in a life overflowing with achievement, for Rock died suddenly on December 3, 1866. He was interred at the Twelfth Baptist Church and buried with full Masonic honors at Woodlawn Cemetery in Everett, MA.
    1878- Hattie Wyatt Caraway, born at Bakersville, TN, Hattie Caraway became a US senator from Arkansas when her husband died in 1931 and she was appointed to fill out his term. The following year she ran for the seat herself and became the first woman elected to the US Senate. She served 14 years there, becoming an adept and tireless legislator (once introducing 43 bills on the same day) who worked for women's rights (once cosponsoring an equal rights amendment), supported New Deal policies as well as Prohibition and opposed the increasing influence of lobbyists. Caraway died at Falls Church, VA, Dec 21, 1950.
    1893- The first moving picture studio was built at Thomas Edison's laboratory compound at West Orange, NJ, at a cost of less than $700. The wooden structure of irregular oblong shape was covered with black tar paper. It had a sharply sloping roof hinged at one edge so that half of it could be raised to admit sunlight. Fifty feet in length, it was mounted on a pivot enabling it to be swung around to follow the changing position of the sun. There was a stage draped in black at one end of the room. Though the structure was officially called a Kinetographic Theater, it was nicknamed the "Black Maria" because it resembled an old-fashioned police wagon.
    1894—Birthday of rag time pianist/composer James P. Johnson
    1895--Film director John Ford was born at Cape Elizabeth, ME, as Sean Aloysius O'Feeney; he changed his name after moving to Hollywood. Ford won his first Academy Award in 1935 for The Informer . Among his many other films: Stagecoach, Young Mr. Lincoln, The Grapes of Wrath, How Green Was My Valley, Rio Grande, What Price Glory? and Mister Roberts . During World War II he served as chief of the Field Photographic Branch of the OSS. Two documentaries made during the war earned him Academy Awards. He died Aug 31, 1973, at Palm Desert, CA.
    1898- Travelers Insurance Company issued the first car insurance against accidents with horses.
    1901- actor Clark Gable birthday. His first film was The Painted Desert in 1931, when talking films were replacing silent films. He won an Academy Award for his role in the comedy It Happened One Night , which established him as a romantic screen idol. Other films included China Seas, Mutiny on the Bounty, Saratoga, Run Silent Run Deep and Gone with the Wind , for which his casting as Rhett Butler seemed a foregone conclusion due to his popularity as the acknowledged "King of Movies." Gable was born at Cadiz, OH, and died Nov 16, 1960, at Hollywood, CA, shortly after completing his last film, Arthur Miller's The Misfits , in which he starred with Marilyn Monroe.
    1902- birthday of Langston Hughes. African American poet and author, born at Joplin, MO. Among his works are the poetry collection Montage of a Dream Deferred , plays, a novel and short stories. Hughes died May 22, 1967 at New York, NY.
What happens to a dream deferred?
Does it dry up
like a raisin in the sun?
Or fester like a sore--
and then run?
Does it stink like rotten meat?
Or crust and sugar over—
like a syrupy sweet?
Maybe it just sags
like a heavy load
Or does it just explode?
— Langston Hughes, "Dream Deferred"
( lower part of )
    1906-- 1st federal penitentiary building completed, Leavenworth KS. The penitentiary is the largest maximum-security prison in the United States, housing more than 2,200 inmates.  Famous inmates over the years included Al Capone, Machine Gun Kelly, and Robert Stroud – the famous “Birdman of Alcatraz.”  Actually, Stroud's bird work began at Leavenworth, where he served 28 years before being transferred to Alcatraz. The Immanuel Church, located on the grounds, was made famous in Ripley's Believe it or Not as the only church in which Protestant and Catholic services were conducted simultaneously.
    1911- Thomas Jennings was found guilty and sentenced to death for the murder of Clarence B. Hiller in the Criminal Court of Cook County, Illinois. He was convicted because of his fingerprints and is the first to be found guilty. The Illinois Supreme Court rule that fingerprints were admissible evidence.
Hiller was hanged for his crime.
    1916 -- The Battle of Verdun ends with the French and Germans each having suffered more than 330,000 killed and wounded in 10 months. It was the longest engagement of World War I.
    1919 - The first Miss America was crowned in New York City. The winner, Edith Hyde was found by the judges not to be a Miss. She was a "Mrs." named Mrs. Tod Robbins, the mother of two children.
    1920 - The North West Mounted Police ("The Mounties") became the Royal Canadian Mounted Police.
    1922-Birthday of 1922, Renata Tebaldi - Italian operatic soprano whose rich, sumptuous voice made her the operatic star at the Metropolitan Opera, Covent Garden, and LaScala in the 1950s and 60s. She was known for her acting ability. In 1946, along with Arturo Toscanini, RT performed at the reopening concert of La Scala, which had been closed during World War II.    Her great roles included Giacomo Puccini's Mimi ( La Boh è me ) and Tosca , Giuseppe Verdi's Desdemona ( Otello ) and Aida , and Umberto Giordano's Madeleine ( Andrea Ch é nier ).
    1934- Bob Shane of the Kingston Trio was born in Hilo, Hawaii. The trio was credited with starting the folk craze of the late 1950's and early '60s with their hit recording of "Tom Dooley" in 1958. The Kingston Trio had a clean-cut collegiate image which helped them win acceptance among the trendy college crowd. The trio broke up in 1968.
    1935 -- James T. Farrell finishes his Studs Lonigan trilogy ( Judgment Day ).
    1937- Don Everly of the Everly Brothers was born in Brownie, Kentucky. The brothers were one of the most important acts of early rock 'n' roll. Their music, a mixture of close country harmonies over a rocking beat, resulted in two dozen chart entries, including such number-one records as "Wake Up Little Susie," "All I Have to Do Is Dream" and "Cathy's Clown." The brothers broke up in 1973, reunited in 1983 and again in 1985. They were last seen touring with Garfunkle and Simon, who re-united, and confessed on stage, before the introduction, when they started, they were trying to sound like their idols, the Everly Brothers.
    1939 - On Victor Records, Benny Goodman and his orchestra recorded "And the Angels Sing". The vocalist for that song went on to find fame at Capitol Records, Martha Tilton.
    1939--Birthday of jazz pianist Joe Sample, co-founder of the Crusaders.
    1940 - For his first recording session, held in Chicago, Illinois, with the Tommy Dorsey Band, Frank Sinatra sang "Too Romantic" and "The Sky Fell Down". Sinatra replaced Jack Leonard as the band's lead singer.
    1941 - "Downbeat" magazine reported Glenn Miller had signed a new three-year contract with RCA Victor Records, guaranteeing him $750 a side, the largest record contract signed to that date.
    1941-- Defended by 610 fighting men, the American-held island of Guam falls to more than 5,000 Japanese invaders in a three-hour battle.
    1944---Top Hits
My Heart Tells Me - The Glen Gray Orchestra (vocal: Eugenie Baird)
Shoo, Shoo, Baby - The Andrews Sisters
Besame Mucho - The Jimmy Dorsey Orchestra (vocal: Bob Eberly & Kitty Kallen
Pistol Packin' Mama - Al Dexter
    1945-- US Army arrives at Siegfriedlinie, a major defense of the Nazi regime. p?p=117338&sid=d4b2df326cdcad65d492d560b41a5cc6
    1946 --Birthday of Steven Spielberg, film director (E.T., Jurassic Park, and Schindler's List).
    1949 - Louis B. Mayer, of Metro Goldwin Mayer (MGM), became a millionaire all over again when he sold his racehorse breeding farm for one-million dollars.
    1949 - 1949, RCA Victor introduced the 45 rpm record. It was designed as a rival to Columbia's 33 1/3 rpm long- playing disc, introduced the previous year. The two systems directly competed with each other to replace 78 rpm records, bewildering consumers and causing a drop in record sales.
By the end of 1949, all the major companies, except RCA, had committed themselves to the LP record, seemingly putting an end to the 45. Even RCA itself announced it would issue its classical library on 33 1/3 rpm discs. But RCA was not ready to admit the demise of the 45 rpm record. The company spent $5-million publicizing 45 rpm as the preferred speed for popular music. The campaign worked. Buyers of non-classical records turned increasingly to the 45 rpm record, so that by 1954, more than 200-million of them had been sold. And all the major companies now were producing both 33 1/3 and 45 rpm records.
    1951 -50ºF (-46ºC), Gavilan NM (state record)
    1951 - The greatest ice storm of record in the U.S. produced glaze up to four inches thick from Texas to Pennsylvania causing twenty-five deaths, 500 serious injuries, and 100 million dollars damage. Tennessee was hardest hit by the storm. Communications and utilities were interrupted for a week to ten days.
    1952---Top Hits
Slowpoke - Pee Wee King
Cry - Johnnie Ray
Anytime - Eddie Fisher
Give Me More, More, More (Of Your Kisses) - Lefty Frizzell
    1953 - "Private Secretary" debuted on CBS-TV starring Ann Southern as Susie McNamera, the private secretary to New York talent agent, Peter Sands played by Don Porter. With its last show airing on September 10, 1957, the show ran on CBS during the regular television seasons and ran on NBC-TV in the summers of 1953 and 1954.
    1953- "Your Are There" premiered on Television. The program began as an inventive radio show in 1947. News correspondents would comb the annals of history and "interview" the movers and shakers of times past. Walter Cronkite hosted the series on CBS for four seasons. The show's concept was revived for a season in 1971 with Cronkite gearing the program toward children.
    1951 - The temperature at Taylor Park Dam plunged to 60 degrees below zero, a record for the state of Colorado
    1953- General Electric Theater premiered on TV. CBS's half-hour dramatic anthology series was hosted by Ronald Reagan (in between his movie and political careers). Making their television debuts were Joseph Cotten (1954); Fred MacMurray, James Stewart and Myrna Loy (1955); Bette Davis, Anne Baxter, Tony Curtis and Fred Astaire (1957); Sammy Davis, Jr (1958); and Gene Tierney (1960). Other memorable stars who appeared on the series include: Joan Crawford, Harry Belafonte, Rosalind Russell, Ernie Kovacs, the Marx Brothers and Nancy Davis Reagan, who starred with her husband in the premonitory episode titled "A Turkey for the President" (1958).
    1954 - On CBS-TV, "The Secret Storm" was shown for the first day of a 20-year run.
    1954-Backed by his Jazz ensemble, Big Joe Turner records the original version of "Shake, Rattle and Roll". The tune will top the Billboard R&B chart next June, but did not cross over to the Pop chart. Some of the original lyrics, that would have been considered highly sexual at the time, were changed when Bill Haley recorded the song five months later.
    1955--Elvis Presley records, "Baby, Let's Play House"
    1956 -- Martin Luther King, Jr.'s Montgomery Improvement Association files suit in federal court against Alabama for segregation of buses.
    1957--Birthday of Donna Adamek, known as "Mighty Mite", DA dominated women's professional bowling from 1978 through 1981.
She was Woman Bowler of the Year each year and, in that four-year period, she won the Women's Open in 1978 and 1981, the WIBC Queens in 1979 and 1980, and the WPBA National Championship in 1980. Adamek led the WPBA tour in winnings for three consecutive years, 1978 through 1980.
During the 1981-82 season, DA rolled three perfect 300 games. {{The compiler of WOAH whose highest average was 194 (287 game) remembers when ONE 300 GAME was memorable before the change in bowling ball construction and the way bowling lanes are dressed
    1957-20-year-old Don Everly and his 2-year-younger brother Phil sign a recording contract with Cadence Records. During their career, The Everly Brothers will have 35 Billboard Hot 100 singles.
    1958-- Elvis Presley records: "My Wish Came True," "Doncha' Think It's Time," "Your Cheatin' Heart," "Wear My Ring Around Your Neck."
    1960- Greensboro Sit-In. Commercial discrimination against blacks and other minorities provoked a nonviolent protest. At Greensboro, NC, four students from the Agricultural and Technical College (Ezell Blair, Jr, Franklin McCain, Joseph McNeill and David Richmond) sat down at a Woolworth's store lunch counter and ordered coffee. Refused service, they remained all day. The following days similar sit-ins took place at the Woolworth's' lunch counter. Before the week was over they were joined by a few white students. The protest spread rapidly, especially in southern states. More than 1,600 people were arrested before the year was over for participating in sit-ins. Civil rights for all became a cause for thousands of students and activists. In response, equal accommodation regardless of race became the rule at lunch counters, hotels and business establishments in thousands of places.
    1960---Top Hits
Running Bear - Johnny Preston
Teen Angel - Mark Dinning
Where or When - Dion & The Belmonts
El Paso - Marty Robbins
    1962 -- US: Ken Kesey's One Flew Over Cuckoo's Nest is published.
    1963-- Paul Simon graduates from New York City's Queens College.
    1964- "I Want to Hold Your Hand" by the Beatles reached number one on the Billboard Hot 100 chart. It stayed there for seven weeks.
    1964- The Beatles' "Please Please Me" enters the pop charts
    1964-The governor of Indiana declared "Louie, Louie" pornographic. The song was about seven years old when the Kingsmen recorded their version in 1963, and the fantastic legend that grew up in its wake--a legend that even an FCC investigation couldn't kill--seems to have sprung solely from their extraordinary lack of elocution. Berry, who spoke on the subject a while back to a Los Angeles interviewer named Bill Reed, explains the song as the lament of a seafaring man, spoken to a sympathetic bartender named Louie. Here, without further ado, are the "official" published lyrics:
"Louie Louie, me gotta go. Louie Louie, me gotta go. A fine little girl, she wait for me. Me catch the ship across the sea. I sailed the ship all alone. I never think I'll make it home. Louie Louie, me gotta go . Three nights and days we sailed the sea. Me think of girl constantly. On the ship, I dream she there. I smell the rose in her hair. Louie Louie, me gotta go. Me see Jamaican moon above. It won't be long me see me love. Me take her in my arms and then I tell her I never leave again. Louie Louie, me gotta go." (By Richard Berry. Copyright 1957-1963 by Limax Music Inc.)
    1965-At the Arthur Smith Studios in Charlotte, North Carolina, James Brown records "Papa's Got A Brand New Bag", which will reach #8 on the Billboard Pop chart and #1 on the R&B chart the following August and later win a Grammy Award for Best Rhythm and Blues Recording.
    1966-The first Navy captain who was African-American was Thomas David Parham, Jr., of Newport News, VA, a Presbyterian chaplain, whose rank was raised from commander to captain.
    1966-Bill Graham resigns as business manager of the San Francisco Mime Troupe in order to devote himself full-time to the business of acid rock concert promotion, initially at the Fillmore Auditorium.
    1966--Birthday of soccer great Michelle Akers.
    1967- the American Basketball Association (ABA) was born with 10 teams and George Mikan as commissioner in hits first season. The ABA lasted nine years before four teams, the Denver Nuggets, the Indiana Pacers, the New Jersey Nets and the San Antonio Spurs, were absorbed into the NBA.
    1967-- The Beatles record "Sgt. Pepper's Lonely Hearts Club Band"
    1968-DIX, DREW DENNIS Medal of Honor
Rank and Organization: Staff Sergeant, U.S. Army, U.S. Senior Advisor Group, IV Corps, Military Assistance Command. Place and date: Chau Doc Province, Republic of Vietnam, 31 January and 1 February 1968. Entered service at: Denver, Colo. Born: 14 December 1944, West Point, N.Y. Citation: For conspicuous gallantry and intrepidity in action at the risk of his life above and beyond the call of duty. S/Sgt. Dix distinguished himself by exceptional heroism while serving as a unit adviser. Two heavily armed Viet Cong battalions attacked the Province capital city of Chau Phu resulting in the complete breakdown and fragmentation of the defenses of the city. S/Sgt. Dix, with a patrol of Vietnamese soldiers, was recalled to assist in the defense of Chau Phu. Learning that a nurse was trapped in a house near the center of the city, S/Sgt. Dix organized a relief force, successfully rescued the nurse, and returned her to the safety of the Tactical Operations Center. Being informed of other trapped civilians within the city, S/Sgt. Dix voluntarily led another force to rescue 8 civilian employees located in a building which was under heavy mortar and small-arms fire. S/Sgt. Dix then returned to the center of the city. Upon approaching a building, he was subjected to intense automatic rifle and machine gun fire from an unknown number of Viet Cong. He personally assaulted the building, killing 6 Viet Cong, and rescuing 2 Filipinos. The following day S/Sgt. Dix, still on his own volition, assembled a 20-man force and though under intense enemy fire cleared the Viet Cong out of the hotel, theater, and other adjacent buildings within the city. During this portion of the attack, Army Republic of Vietnam soldiers inspired by the heroism and success of S/Sgt. Dix, rallied and commenced firing upon the Viet Cong. S/Sgt. Dix captured 20 prisoners, including a high ranking Viet Cong official. He then attacked enemy troops who had entered the residence of the Deputy Province Chief and was successful in rescuing the official's wife and children. S/Sgt. Dix's personal heroic actions resulted in 14 confirmed Viet Cong killed in action and possibly 25 more, the capture of 20 prisoners, 15 weapons, and the rescue of the 14 United States and free world civilians. The heroism of S/Sgt. Dix was in the highest tradition and reflects great credit upon the U.S. Army. 
    1968---Top Hits
Judy in Disguise (With Glasses) - John Fred & His Playboy Band
Chain of Fools - Aretha Franklin
Green Tambourine - The Lemon Pipers
Sing Me Back Home - Merle Haggard
    1968- Green Bay Packers head coach Vince Lombardi resigned after nine seasons, five NFL titles and victories in the first two Super Bowls. Oddly enough, Green Bay's founding coach, Curly Lambeau, resigned on the same day in 1950 after 29 years on the job.
    1968- Elvis Presley's only child, Lisa Marie, was born. Elvis and his wife, Priscilla, were married in Las Vegas the previous May. They were divorced in 1973.
    1968 -The Jimi Hendrix ExperienceJohn Mayall and the Bluesbreakers, at the Fillmore Auditorium.
    1969- Tommy Roe's "Dizzy" enters the pop charts
    1969- Tommy James & the Shondells' "Crimson and Clover" hits #1.
    1970-Timothy Leary sentenced to 10 years for Texas/Mex marijuana bust.
    1971- The Love Story soundtrack album is certified gold.
    1974- “Good Times” premiered on TV. A CBS spin-off from "Maude," which was a spin-off of "All in the Family." "Good Times" featured an African American family living in the housing projects of Chicago. The series portrayed the Evans family's struggles to improve their lot. The cast featured Esther Rolle and John Amos as Florida and James Evans, Jimmie Walker as son J.J., Bernadette Stanis as daughter Thelma, Ralph Carter as son Michael, Johnny Brown as janitor Mr. Bookman, Ja'Net DuBois as neighbor Willona Woods, Janet Jackson as Willona's adopted daughter Penny and Ben Powers as Thelma's husband, Keith Anderson.
    1975- Neil Sedaka's "Laughter in the Rain" hits #1.
    1976---Top Hits
Love Rollercoaster - Ohio Players
Love to Love You Baby - Donna Summer
You Sexy Thing - Hot Chocolate
This Time I've Hurt Her More Than She Loves Me - Conway Twitty
    1978- the first postage stamp depicting an African-American woman was issued. It showed the likeness of Harriet Tubman, the escaped slave and abolitionist who led more than 300 slaves to freedom along the Underground Railroad.
    1978- Bob Dylan's film "Renaldo and Clara," a documentary of the Rolling Thunder Revue tour mixed with surrealistic fantasy sequences, premieres in Los Angeles.
    1979-Patty Hearst released from jail.
    1979-Blondie's "Heart of Glass" is certified Platinum in the UK, where it tops the Pop chart. The song will also rise to number one in the US the following April.
    1982- "Late Night with David Letterman premiered..” This is when it all began: the stupid pet tricks, stupid human tricks and the legendary top ten lists. "Late Night" premiered on NBC as a talk/variety show appearing after "The Tonight Show with Johnny Carson." Host David Letterman was known for his irreverent sense of humor and daffy antics. The offbeat show attained cult status among college crowds and insomniacs, as many tuned in to see a Velcro-suited Letterman throw himself against a wall. The show also featured bandleader-sidekick Paul Shaffer, writer Chris Elliott and Calvert DeForest as geezer Larry "Bud" Melman. In 1993, Letterman made a highly publicized exit from NBC and began hosting "The Late Show" on CBS.
    1983-Air Supply's third album, "Now and Forever" is certified Platinum.
    1984---Top Hits
Owner of a Lonely Heart - Yes
Karma Chameleon - Culture Club
Talking in Your Sleep - The Romantics
The Sound of Goodbye - Crystal Gayle
    1985 -69ºF (-56ºC), Peter's Sink UT (state record)
    1985 - Snow, sleet and ice glazed southern Tennessee and northern sections of Louisiana, Mississippi and Alabama. The winter storm produced up to eleven inches of sleet and ice in Lauderdale County AL, one of the worst storms of record for the state. All streets in Florence AL were closed for the first time of record
    1987 - Terry Williams from Los Gatos, California, won the largest slot machine payoff, to that time, pocketing $4.9 million after getting four lucky 7s on a machine in Reno, Nevada.
    1988 - Thirty cities in the eastern U.S. reported new record high temperatures for the date, including Richmond VA with a reading of 73 degrees. Thunderstorms in southern Louisiana deluged Basile with 12.34 inches of rain. Arctic cold gripped the north central U.S. Wolf Point MT reported a low of 32 degrees below zero
    1988-The Cars, who had placed 15 songs on the Hot 100 between 1978 and 1987, announce their break up.
    1989 - While arctic cold continued to invade the central U.S., fifty- four cities in the south central and eastern U.S. reported new record high temperatures for the date. Russell KS, the hot spot in the nation with a high of 84 degrees the previous day, reported a morning low of 12 above. Tioga ND reported a wind chill reading of 90 degrees below zero
    1989- a Spokane, Washington, funeral director revealed that jazz saxophonist and pianist Billy Tipton, who had lived his life as a man, was a woman. Tipton played for years in the US northwest after a career with several big bands. He appeared to have a wife and adopted three sons.
    1990---Top Hits
How Am I Supposed To Live Without You- Michael Bolton
Opposites Attract- Paula Abdul (Duet With The Wild Pair)
Downtown Train- Rod Stewart
Two To Make It Right- Seduction
    1992 - United States President George Bush and Russian President Boris Yeltsin signed the Camp David declaration which states t hat their two countries no longer regard each other as adversaries
    1992--Barry Bonds signs baseball's highest single year contract ($4.7 million)
    1992- Elton John and George Michael teamed up to score a US number one with a song recorded live at Wembley Stadium the previous March, "Don't Let The Sun Go Down On Me". Elton had originally released the song on his "Caribou" album in 1974.
    1993- On Lisa Marie's 25th birthday, it was announced that she wouldn't be taking over her father's estate as provided in his will. Lisa Marie left management of Graceland and other parts of Elvis's multimillion-dollar estate to Jack Soden, head of Elvis Presley Enterprises.
    1993-- First Lady Hillary Rodham Clinton is given an office in the West Wing of the White House and named January 25 to head a commission charged with creating a health plan for the nation. It is the most influential position a president's wife has ever had. she bans smoking in the White House February 1. Will she return in the next presidential election?
    1995---Top Hits
Creep- TLC
On Bended Knee- Boyz II Men
Another Night- Real McCoy
Take A Bow- Madonna
    2000---Top Hits
I Knew I Loved You- Savage Garden
What A Girl Wants- Christina Aguilera
Smooth- Santana Featuring Rob Thomas
Back At One- Brian McKnigh
    2003- After a successful 16 day mission, the space shuttle Columbia, with a crew of seven, perished during entry. Kalpana Chawla, 41, emigrated to United States from India in 1980s and became an astronaut in 1994, was one of seven astronauts who died in an explosion that streaked across the Texas sky on a clear, beautiful morning .Laurel Clark, 41, a Navy diving medical officer aboard submarines, then flight surgeon who became an astronaut in 1996. On board Columbia to help with science experiments. Had 8-year-old son. Her home was in Racine, Wis. Commander Rick Husband, 45, Air Force colonel; Pilot William McCool, 41;.Payload commander Michael Anderson, 43; David Brown, 46, a Navy captain, pilot and doctor;Ilan Ramon, 48, a colonel in Israel's air force and the first Israeli in space.
    2004--While New England Patriots beat the Carolina Panthers 32-29, it was singer Janet Jackson exposing her breast at half time with Justin Timberlake that made the big news.  With just over one minute to play Adam Vinatieri kicked a 41-yard field goal to give New England the lead., 32-29,  New England quarterback Tom Brady was named Most Valuable Player for the second time in three years. He set a Super Bowl record for the most pass completions (32). Brady also recorded a 66.7 completion percentage (48 pass attempts), 354 passing yards, 3 touchdowns, 1 interception, and 12 rushing yards. This was the fourth Super Bowl to be decided on a field goal in the final seconds. Super Bowl V was won on a last second kick by Jim O'Brien, Super Bowl XXV as Scott Norwood missed his field goal chance, and Super Bowl XXXVI as Adam Vinatieri made his.
    2008- A news report revealed that Spain was the European leader in illegal music downloads. Spanish computer users illegally downloaded more than 1.2 billion tracks in 2007, according to authors and publishers society, SGAE.
    2009- The Cardinals entered the game seeking their first NFL title since 1947, the longest championship drought in the league. The club became an unexpected winner during the season and the playoffs with the aid of head coach Ken Whisenhunt, who was the Steelers offensive coordinator during Super Bowl XL, and the re-emergence of quarterback Kurt Warner, who was the Super Bowl MVP in Super Bowl XXXIV with the St. Louis Rams. Trailing 20–7 at the start of the fourth quarter, Arizona scored 16 unanswered points, including wide receiver Larry Fitzgerald's 64-yard touchdown reception, to take the lead with 2:37 remaining in the game. But then the Steelers marched 78-yards to score on wide receiver Santonio Holmes's 6-yard game-winning touchdown catch with 35 seconds left. Holmes, who caught nine passes for 131 yards and a touchdown, including four receptions for 71 yards on that final game-winning drive 27 to 23.

Super Bowl XXXVI
2004 New England 32-Carolina 29 
Super Bowl XLIII 
2009 Pittsburgh Steelers 27 Arizona Cardinals 23

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