Add me to mailing list | Change email  Search
Advertising | All Lists | Archives | Classified Ads | This Day In American History

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


Irvine, California Finance/Credit Analyst

Manage lease transactions through the entire credit review, documentation and funding process.
Direct contact with customers’ decision-makers, including CFOs, treasurers, and purchasing managers.
As “deal manager” analyst is responsible for interface with credit, sales, legal and documentation
For more informaton, please click here

Wednesday, February 12, 2014

Today's Equipment Leasing Headlines

Archive---February 12, 2004
 Pictures from the Past---1983—Bob Jacobson
  Classified Ads---Collections
Ex-PNC Equipment Finance VP/Regional Manager Arrested
 ELFA: Hottest Equipment Sectors for 2014
  Snow in Portland Area Keeps Rosanne Wilson Trapped
More We get Email----
 Classified Ads---Help Wanted
  Leasing Industry Recruiters—Updated
   Cartoon---Don’t Compare Yourself…
    Sales Make it Happen
     “Leasing Packaging” by Robert Teichman, CLP
   Earnings Scorecard for Top 25 US Banks and Thrifts, Q4’13
    TARP Auction 23 Brings Another Loss for Treasury
     Apple Won’t Be Number One In Tablets Much Longer
   Fleet Financing Resources Reports Record Year End
    Originations Up 12%
   Irish Wolfhound/Great Pyrenees Mix
    Austin, Texas Adopt-a-Dog
     Military Dog at Airport
News Briefs---
Winter Storm Battering Southeast Seen from Space
 Atlanta weather | What to expect - 2,200 flights cancelled
  Icy weather claims four lives in Dallas-Fort Worth area
   Feds use emergency powers to put more propane in the pipeline
Lease Accounting Changes Could Jar Bank Covenants
 Former Bank of America executive pleads guilty in muni case
  Consumers more optimistic about rising wages, N.Y. Fed says
   VCs Start Pining to Own a Bank
    Restaurant job growth hit 18-year high in 2013
     Arizona is Top Spot for Restaurant Sales and Employment
      UK Barclays to cut 12,000 jobs, pays bigger bonuses
       Tom Brokaw diagnosed with cancer
        Wire Fox Terrier wins best in show
          Flappy Bird App 'Gone Forever' Because It Was 'An Addictive Product'

Broker/Funder/Industry Lists | Features (collection)
Top Ten Stories Chosen by Readers | Top Stories last six months (Be Careful of Doing Business)

  You May have Missed---
   SparkPeople--Live Healthier and Longer
  Football Poem
    Sports Briefs---
      California Nuts Brief---
       "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.



Archive---February 12, 2004
Pictures from the Past---1983—Bob Jacobson

In 1983, Robert S. Jacobson, III, was the Western Association of Equipment Lessor vice-president. At the time he was vice-president, National Broker Division, Tri-Continental Leasing Corporation, a division of Bell Atlantic, a major telephone company. A WAEL Leasing Conference was not the same without him. He had served as vice present and member of the Executive Committee. In 1984 he would become president of the association now known as the United Association of Equipment Leasing.

He was recruited by Don Smith and Hy Bren of Interlease, San Francisco in 1974, from Union Bank. Don died of a heart attack while playing tennis in Tiburon, California, and his then partner Hy Bren went on to form his own company, finally joining Matsco, Emeryville, California, where he was a star salesman and sales personnel recruiter, retiring last year. (Hy passed away January, 2006 from cancer- )

Bob learned from the great advertiser/promoter Don Smith at Perry’s on Union Street, San Francisco, California, about “discounting” to start his own leasing company in 1975, which was sold to a holding company where he remained president until forming Leasing Acceptance; where Ben Millerbis was the sales manager. They had a direct sales force. In the next downturn of the industry, 1978, the company split up: Millerbis left to start Pentek Leasing, San Jose, California. He later he sold it in 1982 to Alaska Pacific Bancorporation, which in turn was sold to a large Upstate New York bank. Millerbis didn’t stay retired long, forming Pentech Financial Services in Campbell, California with the backing of John Otto, plus was co-founder of Silicon Valley Bank (he has recently formed a group to start a commercial bank again).

Jacobson, well-known for his late night poker games, set up a broker “private label” operation called Tri-Continental Leasing, then located in Mountain View, California. In one of the next economic down turns, the telephone company divested itself of this division, shutting down their branch operations. Bob then went to work for Amembal, Deane & Associates doing lease training across the country.


December, 2013, Bob Jacobson, playing the role of Kris Kringle in "Miracle on "34th Street," South Valley Civic Theater, Morgan Hill, California. The beard is real. He grew it for the play.

Following his biography above, Bob spent ten years at Hewlett-Packard as general manager, business development, then sent into sales in Lake Tahoe for Marriott and then sales at the Westin Kaanapali; moved back with his wife to the United States to basically help out with his son, and today runs Computer Mobile Market. Ironically, a letter is in "We get eMail" in today's issue.



Classified Ads---Collections

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

Long Grove, Illinois

Financial services professional with a proven track record of positively impacting corporate finances through effective management of cash flow, collections and financial assets. Strategic thinker capable of analyzing financial issues and processes in order to implement changes that improve efficiency and profit margins. Well-versed in all aspects of corporate financial affairs. | Resume

Free Posting for those seeking employment in Leasing

All “free” categories “job wanted” ads:


Bookmark Leasing News


Ex-PNC Equipment Finance VP/Regional Manager Arrested


Former vice-president and regional manager of PNC Equipment Finance, Cincinnati, Ohio, Scott Runge was arrested for allegedly robbing a bank in Anderson Township, Ohio. Reportedly he handed the bank teller a note demanding $3,000, stating he was armed. The teller only had $1,360, according to the Hamilton County sheriff’s office.

(Surveillance photo)

Bank surveillance photo’s released to the public, as well as the identity of his alleged getaway in a Nissan SUV, evidently led to his identity and the capture at his home.


He joined PNC Equipment Finance in 2005 as regional sales manager, golf division, and was later promoted to regional sales manager and vice president.*

He was reportedly laid off from that job, according to information released in his arraignment; desperate for money. FOX 19 TV News reported that he admitted to detectives that he was involved in the robbery. As of Monday night, Runge was still being held in the Hamilton County Detention Center.



ELFA: Hottest Equipment Sectors for 2014

At the Equipment Leasing and Finance Association's 26th Annual Equipment Management Conference, February 23-25 at the Arizona Biltmore Hotel in Phoenix, a new survey will be released. In a press release, ELFA will release a new survey of 100 asset managers and consultants that states "Construction, oil/gas/energy and trucks/trailers are the hottest equipment sectors of 2014."

"According to industry veteran Carl Chrappa, who conducted the survey, the results indicate that many equipment types have hit or passed inflection points after showing steady improvement over time, and much of the volatility within the industry has decreased. Chrappa predicts that the volume of equipment leased in 2014 will increase, but notes that threats to the secondary market remain, including government regulation, which is the biggest perceived threat identified in the survey."

Program Highlights


Snow in Portland Area Keeps Rosanne Wilson Trapped

(Photo of front yard—Husband runs business from house)

Emails from Rosanne Wilson, CLP, BPB,
1st Independent Leasing, Beaverton, Oregon


“It started yesterday and hasn't stopped. Nobody went to work today. It took me 2 hours to drive 10 miles to my house yesterday. Portland just can't handle snow. Not enough plows or sand trucks.

We will be one foot of snow at my house before the night is up. We are expecting more tomorrow. The city is a disaster. The police don't want anyone on the road unless it is an emergency.

I didn't think it could snow when it is 20 degrees outside. What a surprise. Looks like we now have a taste of the Polar Vortex.”


“We ended up with over a foot of snow at our house and last night we got hit hard with freezing rain. It is so hard to even walk outside. They have asked everyone to stay off the roads completely so crews can get out there and work all day to clear it.

It is warming up a little this afternoon (35 degrees) and I am noticing a few drips off the roof which is a good sign. I want this all to melt before tomorrow. It is supposed to hit 39 or 40 tomorrow so there is hope. When all this starts to melt, there's going to be a real mess.

I like the picture you painted about the pioneer days and snuggling in front of a fire. Life was simpler then."

Monday morning:

“I'M STILL AT HOME. I'll try in a couple of hours, but two of my neighbors already are stuck in my street trying to get out of here and head to work. It is a mess fr om the freezing rain. The main highways have been cleared, but getting to the main roads is what is proving very difficult. I think I'll leave around noon and give it a try. It's warming up and starting to turn more slushy. It's just so deep out here and it goes up to your car doors in my neighborhood. Yuk. Schools were all closed, but certain state and county offices decided to open. Some of them in my county are opening later today. I don't want to get stuck on my street and add to the stuck vehicles in the street. We are all sick of this!”

Monday afternoon:

I am headed to the office


“We woke up to rain this morning and it has stayed with us all day.  I used to hate the rain like everyone else in the Portland area, but this is a welcome relief under the circumstances.  The main roads are completely melted now.  Traffic is moving at normal speeds.  Only the side streets in the neighborhoods are problematic.  Our light rail system is running all routes again.  It could not operate for a few days when the freezing rain hit & covered all the snow with a frozen blanket.  Ice builds up on the electric overhead lines that the trains run on and they won't operate.  Our "Max" system is a huge part of our transportation system in Portland.  So many people ride the trains to and from work each day.  They run fast and are comfortable and pretty well cover every part of the city.

“Mother Nature really walloped this town and shut down all commerce, all the schools and universities, and even fast food restaurants.  Nobody was open.  The police demanded everyone stay home unless it was an absolute emergency.  Two couples ended up having to have their babies born in their cars.  They had tried to make it to the hospital and got stuck in the snow and called 911.  Emergency personnel came and delivered their babies in their cars.  Both incidents happened on the same day.   The babies were early, so they didn't expect this to happen during the storm.   I finally went to the grocery store yesterday and the entire bread aisle was empty.  No bread!  People had hoarded food items when the snow first started falling last Thursday.  I was surprised to see the shelves empty.   Only a couple of jugs of milk were in the cooler.  If I ever see flakes of snow fall here in the future, I'll head for the store and stock up on everything next time.  

“We had hundreds of pipes break all over the city including one main line in the heart of town that flooded streets and then turned into sheets of solid ice when it froze.  I felt bad for the crews that had to deal with that not to mention all the people who had to go with no water until the main line was fixed.  Water is a basic need and it took hours for water to be restored to the folks and when they turned their faucets back on, it was all brown.  They were told to let it run for a while until it was clear.  A lot of dirt had caved into the broken pipe.  The good news is we have 44 degrees right now and it actually feels warm."

“I might be able to leave my boots at home tomorrow.  Life has returned to normal here.”


Working Capital Loans $10,000-$250,000


More We get Email----
(Mostly chronological order)

Loan/Lease Regulations --- Update

“Liked your article about the loan/lease regulations. Interesting fact: Utah does not have usury laws. Could that be the reason we have so many of the questionable leasing companies located here?”

A Professional
Law Corporation

     Brandon J. Mark | Shareholder | 
     Admitted in Utah  and Oregon

((Southern California has its fair share of leasing brokers, I call "gypsies," and Utah sure has its share of leasing companies. I think it is more a "social" happening than a law happening, meaning they are all "friends" and know and learn from each other---but then, it could be they have moved there...but
also the banks went along with them (until caught) Editor))

Victory for Small Businesses Accusing D&B of Defamation

“I got a call just last month telling me there are four items on my business credit report that I should look into and monitor for $499.00 per year, for that $499.00 I could add four vendors to give my business credit profile positive marks, when I said no I didn't care about what was in my D&B credit report the sales person went in for the hard close, now Monday a new person has called wanting to discuss my D&B credit profile, stated that there had been six inquires in the past Seven days, gave her the same answer I gave the last clown that called me, "don't care" not buying what your selling.”

Bernard Whitley

2014 Leasing and Finance Association Membership
--- Which One to Join?


Equipment Leasing and Finance Association


National Association of Equipment and Leasing Brokers


Association of Government Leasing and Finance


Commercial Finance Association


Canadian Finance & Leasing Association


National Equipment Finance Association


Certified Leasing Professional Foundation

“Couldn't agree with you more, Kit! Professional associations in our industry are vital to success in today's world. It's not what you know, but WHO! Networking, shared problem solving and educational opportunities are invaluable, paying back the cost of association membership and participation/conference attendance tenfold . . . maybe more!

“Depending on the markets served, and business model of the company and individual, there's probably an association that's perfect for each player.

“I'm 98% a broker in the business, so I chose membership in the National Association of Equipment Leasing Brokers (NAELB). It's the only association that's "By Brokers and For Brokers" and I find it's been tremendously helpful in growing my brokerage business and helping me to operate professionally and efficiently. I can't comment on the benefits of the other associations, but can attest that every year my NAELB dues are more than offset by 'NAELB-members only' savings I get on credit bureau reports, overnight shipping, software licensing, etc.

“Having said that, having one's dues offset really isn't the objective, so to get real benefits, you gotta get involved. GO to the conferences. ATTEND the educational sessions. PARTICIPATE in the panels and discussions. GET HELP in placing a unique transaction. SHARE your knowledge with colleagues and others who you might have thought of as 'competitors'. This is where the real benefits of association membership lies.”

Gary Greene

Bob Krause Passes Away

and reaction:

“I was truly fortunate to have met Bob in my early years in the leasing business at Macrolease. He was a true professional and a pioneer in building the foundation of the leasing industry we know today. I keep in contact with him up until his days at Sterling Bank Leasing. It was always a pleasure to work with him and his council in evaluating lease credit. To me he was the “renaissance man” of our industry. We have all lost a good man.” 
Frank Frontario, V.P.
North Texas Credit / Banclease

“Yes...Bob was truly of a generation that espoused all that was good in this industry, integrity, honesty and trust. He will be missed."
Deborah Monosson
President & CEO
Boston Financial & Equity Corporation

"Great guy - with terrific energy and enthusiasm for the industry. He will be missed."
Joe Lane Teacher, writer, & facilitator

“Bob was an ICON in the Industry. He was a great teacher, trustworthy and a model citizen. May he rest in peace. He will be missed.”
Mitchell Larkin
Vice President
BancLease Acceptance

Alert: Rudy Trebels Back Soliciting Broker Business

“THANK YOU for the heads up on Rudy Trebels and Equipment Leasing Group of America.

“I've received multiple calls from "John" with Equipment Leasing Group of America over the last week - wanting my email address to send me his flyer.

“Those calls previously went to voice mail because I was away from my desk when they came in. I didn't know it was Rudy Trebels' firm.

Next time, I hope to be able to answer the phone to tell "John" what kind of sleaze he has for an employer.

“I've spent HUNDREDS of hours fighting against Rudy's attempts to collect FMV residuals and evergreening on $1 residuals for my clients. “We were always successful in looking out for our clients on these transactions.

Once, I even told the bankruptcy courts to 'stuff it' when they were trying to enforce one of IFC's fraudulent claims to ownership on one of my client's purchased assets.

”The WHOLE INDUSTRY needs to be warned about Rudy Trebels.

“Thanks for helping to get the word out.”

Gary Greene, CLP BPB
Lease $mart - Equipment Leasing & Financing for Business & Industry

Millions of off-lease vehicles to hit wholesale market 2014

“These guys provide the best residual value and market analytics available. Getting all of them on stage in a panel discussion with Kontos, Ibara, and Lyman is the best conference session possible. BUT 45 minutes only whets one's appetite. Time allocation needs to be at least double IMHO.

“I especially agree with Webb when he says our industry should be doing more leasing, not less.

“This article begs a logical question: Since OEMs have good reason to be concerned about a market correction, something everyone agrees we need, that correction needs to be controlled. Currently, monthly payments on these CPO caliber lease returns aren't much different from the subventions available on new vehicles. There needs to be enough difference to warrant the consumer selecting a pre-owned over a new. Residual based financing on the pre-owned side is the answer but no one is doing it. OEM captives already have their hands full. This opens the door for the independent banks to step in to solve the problem while creating a higher yield revenue stream for themselves with little risk. They might have access to some OEM "help" to help bolster OEM resale values by keeping the lease return machine operating without harmful bottlenecks. So far, no one has answered the bell. They must be asleep.”

David Ruggles
David Ruggles, Contributing Columnist at WARDSAUTO.COM

“Thanks for including me on your mail list. I just wanted to drop you a note to tell you I can't believe the amount of work that goes into this. Simply amazing.”

Bob Jacobson


Leasing Industry Help Wanted


Orange, California
Legal Coordinator

Minimum 5 years' experience in legal collections.
The Legal Coordinator will be responsible
for collecting, coordinating and processing all
collections referrals of commercial loan agreements
to outside third party agencies and law firms.
Click here for more information.
 Please send resume and cover letter to:
Quick Bridge Funding provides working capital loans
to small and mid-sized companies throughout
the United States. With an innovative program
we provide capital to an to an under-served market.

Irvine, California Finance/Credit Analyst

Manage lease transactions through the entire credit review, documentation and funding process.
Direct contact with customers’ decision-makers, including CFOs, treasurers, and purchasing managers.
As “deal manager” analyst is responsible for interface with credit, sales, legal and documentation
For more informaton, please click here


Leasing Industry Recruiters

These companies have experience in the finance and leasing industry

Please fax our request form back to 408.317-2066 or you 
may e-mail to: .

Second Column: YCS - Year Company Started YELB - Years in equipment Leasing Business

City, State 
Leasing Association
(see above for meaning)
Geographic Area

Executive Solutions for Leasing & Finance, Inc.
Atlanta GA 30308
Jon Gerson, President 



Search firm specializing in leasing industry. Services include retained and contingent search, strategic consultation, compensation analysis, sales & management training, & customizable consulting products.

Financial Pro Solutions 
Hal T. Horowitz
West Hills, CA 91307
Office:  (818) 347-FINA
Fax: 818-597-3201 
Cell:  (818) 730-0645 




Retained with Executive search firm seeking financial professionals for growth-oriented and challenging opportunities in commercial banking, equipment leasing, asset based lending. Also works with firms seeking V- and C-level financial executives with accounting, financial analysis or treasury disciplines.

Professional Profiles, 
Specialists in Executive Search, Inc.

Orland Park, IL 60462 
Mary Beth Norton
708-403-9229 Voice 
708-403-8854 Fax



We are, by choice, a small shop. We take a very personal approach with all our candidates and hiring managers.
We treat them all
(even those we are unable to help)
with respect and professionalism. 

International, Inc. 

Pembroke Pines, FL 33025 
Emily Fitzpatrick 
Sr. Recruiter
Phone: 954-885-9241
Also follow us on Twitter@RIIINFO


North America

Explanation:  Boutique Executive Search Firm Specializing in the Finance & Equipment Leasing Industries.

Our goal is to build long term relationships with our Clients & Candidates, keeping both sides abreast of current and future changes that effect supply & demand of Top Talent.  Excellent References & Testimonials






Sales Make it Happen

Lease Packaging

by Robert Teichman, CLP

Recently I discussed the importance of moving into larger transactions in addition to working with application-only leases, and talked about the importance of learning packaging techniques.

Packaging doesn't mean collecting bunch of financial statements and dumping them on a funding source in hopes that the funder will magically transform the material into a coherent application. It is the broker/lessor's responsibility to provide the funder with more than the bare bones.

Large deals are good business, but they require attention to detail. It is important to know as much as possible about the deal, the company, the guarantors and the equipment, and be able to communicate that information to the funding source. Often, funders do their own due diligence, including checking banks and trades and performing financial analysis, however a narrative detailing the transaction is necessary as it tells the story about the company, why they want the equipment and how they are to pay for it.

The minimum components of a good financial package include the Narrative, Lessee Information, Equipment Information, Terms of the Deal, Bank and Trade References, Financial Information on the Lessee (and any guarantors) and preliminary Financial Analysis.


Each segment of the Narrative should answer the questions, "who, what, where, when, why and how?" The Narrative should cover the entire story about the deal, the company, its financial condition and trends. For instance, in the introduction describe who are the participants (customer, vendors, guarantors, related companies, banks, trades, stockholders/owners, other interested parties?), what is the deal (rate, term, residual, fees, deposits, advance payments?),where are all the parties and the equipment, when will it happen, why (is the equipment needed; any unusual requirements?) and how (will the deal be funded?).

In the same way you can describe all the other aspects of the transaction.


Lessee Information must include the name, address and telephone numbers, equipment location (if different), time in business, names of the stockholders/owners and their percentages, and company type. And yes, funders see a lot of applications without this basic information.


Equipment information should include the name and address of the vendor and the equipment location. If the lease is a master lease, all the equipment details may not be available at the time the application is submitted. In that case, a general description will usually be acceptable. Equipment justification and purpose is very important, whether the transaction is going to a collateral lender or to a balance sheet lender, even though the latter will not be as concerned with the collateral value as the former.

Describe the TERMS OF THE DEAL if you have not yet covered it in the Narrative.

Professionalism is in the details. For instance, make sure you collect all the material needed, such as the complete tax returns (and not just the first four pages) and the complete financial statements, including the accountant's cover letter and all the footnotes. Check the package before it is sent out to the funder to make sure that all pages are copied. Sometimes lessees supply two-sided copies, which may be overlooked in the copying process.

Always verify your funder's requirements be fore sending the package. For example, some funders may require three years of financial information. If you send only two years of statements your transaction will be delayed.

Your Financial Analysis can be as complete or as brief as you choose, but it should be enough for you to understand and explain the financial condition of your customer. There are various standard financial analysis spreadsheet programs available, or you can devise your own. You can also ask your funders if they have a format you can use.


Usually this includes a recap of the strengths and weaknesses of the deal. Try to be as objective as possible. This is not always easy to do, but don't omit any negative information. Remember that credit managers hate surprises, particularly negative ones. However, they appreciate a package that shows that the lessor put time and effort into its preparation.

Funders are flooded with applications. The package which is missing information and is disorganized will either be returned, or will, at best, be delayed. A well-prepared, organized and neat package will always get faster attention and service, and therefore a better chance of approval. And, it will demonstrate to your funder that they can expect a professional package from you, the leasing professional.



Earnings Scorecard for Top 25 US Banks and Thrifts, Q4’13
SNL Financial Exclusive

Earnings at U.S. banks and thrifts rose year over year, based on the median percentage of earnings-per-share growth, according to related 2013 fourth-quarter reports for about 86% of major-exchange-traded companies. SNL examined data from 346 of approximately 443 banks and thrifts traded on major exchanges, representing institutions that had reported 2013 fourth-quarter earnings as of Feb. 10. The analysis excluded companies that reported negative earnings in any of the three periods analyzed.

The median EPS growth was 5.20% over the year-ago quarter, while there was no change over the linked quarter. The median loan loss provision decreased 12.50% compared to the prior quarter and 55.00% from the year-ago period. However, net interest margin continued to act as a spoilsport. The median NIM was down 14 basis points quarter over quarter and declined 160 basis points year over year.

Of the largest 25 banks and thrifts by assets, 14 companies reported improved EPS compared to their year-ago figures.

JPMorgan Chase & Co.  has dusted itself off after being the only one in 2013's third quarter to post a loss. At $1.30 per share, it is doing almost as well as it was at the end of 2012, about which Chairman and CEO Jamie Dimon was his characteristically feisty self during that quarter's earnings call held at the outset of 2013. The New York-based company's latest figures even take into account the expected hits from litigation — of which there have been many — and Dimon noted that JPMorgan had at least put "some significant issues" behind it in the 2013 fourth quarter. The company has been criticized as "too big to manage."

Keep reading the full report and analysis here:


• Contract Negotiations • Fraud Investigations 
• Credit Investigations • Skip-tracing 
• Third-party Commercial Collections
John Kenny 
Receivables Management

For flat fee or commissions basis | ph 315-866-1167|

(Leasing News provides this ad as a trade for investigations
and background information provided by John Kenny)


TARP Auction 23 Brings Another Loss for Treasury
SNL Financial

The Treasury auctioned $26.4 million in TARP securities issued by six banks participating in the Capital Purchase Program, making auction 23 the smallest thus far in terms of the total principal amount sold. The securities on offer sold for an aggregate discount of 21.74%.

In the previous round of auctions, the Treasury sold its TARP positions in seven banks for an aggregate discount of 46.87% — surpassed only by a 60.29% aggregate discount in auction 19. When asked for comment on those results, Treasury spokesman Adam Hodge directed SNL to a statement by Assistant Secretary for Financial Stability Timothy Massad: "Treasury continues to make steady progress winding down the bank program through the auction process," Massad said. "TARP helped to stabilize the economy during the financial crisis and the program has already returned a significant profit to the taxpayers."

In auction 23, the government took another crack at selling its investment in Ottawa, Ill.-based Centrue Financial Corp., after struggling to offload its stake in the company during previous auctions due to insufficient bidding.

Centrue's 1,402 shares of fixed-rate cumulative perpetual preferred stock, series C, were priced at $412.01 per share, representing a discount of nearly 59% for the Treasury. Centrue Financial Executive Vice President and CFO Daniel Kadolph declined SNL's request for comment.

The Treasury also took another swing at selling its stake in AB&T Financial Corp. In auction 22, the government only sold 85% of the Gastonia, N.C.-based bank's shares because it did not receive sufficient bids above the minimum price. This time around, AB&T Financial's series A fixed-rate cumulative perpetual preferred stock sold nearly 72% below par — the largest discount in the auction. AB&T Financial did not return SNL's calls seeking comment by the time of publication.

Full SNL Financial Article with charts:




Apple Won’t Be Number One In Tablets Much Longer
by Steve Kovach,

Apple has the lead in tablet market share, but it looks like it won't be on top for much longer. 

According to IDC, Apple had 33.8% of the tablet market at the end of 2013. Samsung had 18.8% after growing a whopping 85% year over year.

As more and more manufacturers expand into tablets instead of traditional computers, they're chipping away at Apple's dominance in the market. Samsung is the closest to surpassing Apple. Its tablet business is growing at a faster pace than Apple's and the company plans to flood the market this year with several new devices that could put it over the top.


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

Fleet Financing Resources Reports Record Year End
Originations Up 12%

Riverside, California– Fleet Financing Resources, LLC. (FFR) reports record year with total originated volume at $51 million, up 12% compared to 2012. Gross income for the year ended December 31, 2013 went up 15%, while net income was $1,230,000, up 35% from the year prior.

FFR’s President and CEO Dave Reynolds commented, “I am extremely proud of our results, volume success is attributable to loyal long-term fleet customers replacing and/or acquiring new equipment. As FFR enters into our 2nd decade in business, we remain focused on delivering results to our clients and maintaining the successful relationships we’ve formed with our valued Capital Markets partners.”

FFR, a national lender, manages a current portfolio receivable of $110 million in titled transportation equipment including motor coaches, buses of all sizes, school transportation, vocational trucks, and all livery related vehicles.

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


Irish Wolfhound/Great Pyrenees Mix
Austin, Texas Adopt-a-Dog

ID#: A671857
Breed: Irish Wolfhound/Great Pyrenees Mix
Color: White
Age: Young
Size: X-Large 101 lbs (46 kg) or more
Sex: Male

Shaggy's Info... “I am already neutered, housetrained, up to date with shots, good with kids, and good with dogs.

Shaggy's Story...“Shaggy is a BIG puppy. He is estimated to be about 10 months old. Best guess on the breed is Irish Wolfhound/Great Pyr mix. He has the head of Irish wolfhound and coat of a Great Pyrenees (he does not have the double dewclaws though). There is a chance he is mixed with Comonsdor. He weighs about 70 lbs, but still has some growing to do.

“Shaggy is very sweet. Very much a puppy. He has been neutered and he is current on all vaccinations and is on HW prev. He is also microchipped. Friendly to all people and great with kids. Loves other dogs. He is a beautiful dog, but unfortunately his coat was very matted, so he had to be shaved. He now has a Schnauzer haircut, so he is no longer Shaggy.

“If you'd like to give this big sweet boy a good loving home, where he will get the care he needs, including training, play time, daily brushing and lots of loving, then please fill out the adoption application on our website.”

Rescue Group: PAWS of Austin
Address: Austin, TX 78736

On Line Application Form:

Austin Adoption_Application:

Adopt-a-Pet by Leasing Co. State/City

Adopt a Pet


Military Dog at Airport

A military dog was spotted in the airport, protecting a soldier while he sleeps. Awesome loyalty.


News Briefs----

Weather Roundup

Winter Storm Battering Southeast Seen from Space

Atlanta weather | What to expect - 2,200 flights cancelled

Icy weather claims four lives in Dallas-Fort Worth area

Feds use emergency powers to put more propane in the pipeline


Lease Accounting Changes Could Jar Bank Covenants

Former Bank of America executive pleads guilty in muni case

Consumers more optimistic about rising wages, N.Y. Fed says,0,5783914.story#axzz2t25Tw4a5

VCs Start Pining to Own a Bank

Restaurant job growth hit 18-year high in 2013

Arizona is Top Spot for Restaurant Sales and Employment

UK Barclays to cut 12,000 jobs, pays bigger bonuses

Tom Brokaw diagnosed with cancer,0,3822997.story

Wire Fox Terrier named best in show

Flappy Bird App 'Gone Forever' Because It Was 'An Addictive Product'



--You May Have Missed It

Which Law & Order Detective Are You?


SparkPeople--Live Healthier and Longer

Taste the Tropics This Winter
Oranges & Grapefruits are Perfect in Cold Weather



Winter Poem

Snow Day
by Barry S. Marks, Esq.

Leah and Lauren
are building a house
out of cushions
from the love seat and sofa.

They bring treasures
to fill the room
a Lambchop pillow
a jewelry box
dolls that have name
and a few that do not.

I say that it's further argument
against replacing the berber with hardwood,
at least before next year;
you are willing to compromise
on French doors and a canopy.

And still the snow falls,
now down, now side-ways,
enveloping the house, changing
the landscape, remaking the world.

We will cook soup today,
hearty with beef and cabbage
and crowd around the fireplace
instead of the t.v.

"This is my idea", Leah announces.
"Yes", answers Lauren, "It's my idea, too."



Sports Briefs----

Shaun White: ‘Tonight doesn’t make or break career’

Best of Sochi: Day 4 at the Olympics

For the first time in 26 years, Bob Costas didn't host NBC's Olympic coverage

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


California Nuts Briefs---

Bay Bridge: Hundreds of leaks, possible corrosion

Second investigation launched into Petaluma slaughterhouse


“Gimme that Wine”

Lee Hudson, Napa's gentleman farmer who does it all

California Crush Report: 4.23 Million Tons Crushed, Average Price Per Ton Drops 5 Percent for Reds

The Carneros Wine Alliance Unveils a New "Voices of Carneros" Campaign, Updates Website and Prepares for a 'Year of Chardonnay' focus in 2014

Wine: Arizona chardonnay -- who knew?

Dunne on Wine: Michael David Winery in Lodi


Free Mobile Wine Program

Wine Prices by vintage

US/International Wine Events

Winery Atlas\

Leasing News Wine & Spirits Page


This Day in History

  1733-General James Edward Oglethorpe, with some 100 other Englishmen, landed at what is now Savannah, GA. Naming the new colony Georgia for England’s King George II, Oglethorpe was organizer and first governor of the colony and founder of the city of Savannah. In 1732, he proposed the establishment of an asylum for debtors in the region south of the American colony of South Carolina. The British recognized the advantages of a buffer colony between South Carolina and Spanish Florida and Oglethorpe was made a twenty-year trustee of the colony of Georgia. He carefully selected about one hundred debtors, and on January 11, 1733, the expedition sailed into South Carolina’s Charleston Bay. After purchasing supplies, Oglethorpe led the settlers down the coast to Georgia, where they traveled inland along the Savannah River, establishing the settlement of Savannah on February 12. After forging friendly relations with the Yamacraw, a branch of the Creek Confederacy who agreed to cede land to the colonists for settlement, he set about establishing a defense against the Spanish, building forts, and instituting a system of military training. In 1739, England declared war on Spain, and in 1742, Oglethorpe defeated the Spanish on St. Simons Island off the coast of Georgia, effectively ending Spanish claims to the territory of Georgia. Georgia, rich in export potential, later grew into one of the most prosperous British colonies in America.
    1793-As states in New England began outlawing slavery, the Southern states pushed through Congress the Fugitive Slave Law: “No person held to service or labor in one state, under the laws thereof, escaping into another, shall, in consequence of any law or regulation therein, be discharged from such service or labor, but shall be delivered upon claim of the party to whom such service or labor may be due.” As the Underground Railroad began, more and more states enacted statues of bounty and fines for those assisting “runaway slaves.”
    1809- Birthday of Abraham Lincoln, 16th president of the US (Mar 4, 1861-Apr 15, 1865) and the first to be assassinated (on Good Friday, Apr 14, 1865, at Ford's Theatre at Washington, DC). His presidency encompassed the tragic Civil War. Especially remembered are his Emancipation Proclamation (Jan 1, 1863), his Gettysburg Address (Nov 19, 1863) and his proclamation establishing the last Thursday of November as Thanksgiving Day. Born at Hardin County, KY. Lincoln's birthday is observed as part of Presidents' Day in most states, but is a legal holiday in Illinois and an optional bank holiday in Iowa, Maryland, Michigan, Pennsylvania, Washington and West Virginia.
    1831 -- Nat Turner's revolt in Virginia begins with divine signal -- solar eclipse. He decides the only way to be free is to revolt and sees this as a sign to raise an army of salves.
    1837- Birthday of artist Thomas Moran.
    1837- An irate group of unemployed New Yorkers gathered to protest skyrocketing food and fuel prices, as well as the city's rapidly escalating rents. The demonstration quickly degenerated into violence, as the workers turned their anger on a flour warehouse. For the city, as well as the rest of the nation, the outburst was a strong indicator of the fiscal troubles that would bubble over later that year. Come that May, a host of events, including a wave of bank failures and a brewing recession, both of which stemmed from President Andrew Jackson's decision to yank all Federal deposits from the second Bank of the United States, signaled the onset of the Panic of 1837. The panic hung over America for the next seven years, debilitating the nation's economy and triggering rampant unemployment.
    1865- First African-American to address US House of Representatives.
Reverend Dr. Henry Highland Garnet, the first African-American ever permitted in the US House of Representatives, delivers a sermon to a crowded House chamber. His sermon commemorates the victories of the Union army and the deliverance of the country from slavery. Garnet, a former slave himself, was a pastor of the Fifteenth Street Presbyterian Church in Washington, D.C. President Abraham Lincoln, with the unanimous consent of his cabinet and the two congressional chaplains, had arranged for the special Sunday service, to be held on February 12, the president’s fifty-sixth birthday. Garnet escaped to the North in 1824, where he became a prominent abolitionist, famous for his radical appeal to slaves to rise up and slay their masters. In 1881, he was appointed US minister to Liberia, but he died only two months after his arrival in the African nation.
    1870- The women in the Utah Territory were granted the right to vote in political elections---50 years before the 19th Amendment was ratified.
    1874 --King David Kalakaua of Sandwich Island HI, is first king to visit US.
    1883- Coronation on territory that would later become part of the United States: King Kalakaua and Queen Kapiolani were crowned king and queen of the Hawaiian Islands at Iolani Palace, Honolulu.
    1873- A routine coinage act of Congress omitted all silver currency because silver was so scarce it brought more as bullion than as dollars. Three years later, when Nevada mines were producing unprecedented quantities of silver, mine owners demanded that the government buy their product for coinage. At that time, the coinage act became known as the Crime of '73 as all coins were gold.
    1877- The first telephone news dispatch was called into the Boston Globe in Boston from Salem, Massachusetts, using equipment provided by Alexander Graham Bell.
    1879-A gala carnival was present at the opening of the first indoor ice skating rink, built by Thomas L. Rankin at Madison Square Garden, New York. It has 6,000 square feet of surface.
    1887- Frederick Winthrom Thayer of Waverly, MA, captain of the Harvard University Baseball Club, obtained a patent for a “face guard or safety mask.” He had a tinsmith in Cambridge, MA make it. Louis Truschke, catcher of the Foster Baseball Club, Lawrence, MA, who had been hurt by a pitched ball, adopted the mask. It became very popular among catchers and was eventually manufactured by Peck and Snyder, New York City.
    1889- John Lewis, American labor leader was born near Lucas, IA. His parents came to the US from Welsh mining towns, and Lewis left school in the seventh grade to become a miner himself. He became leader of United Mine Workers of America and champion of all miners' causes. Died at Washington, DC, June 11, 1969.
    1898- Roy Harris, born at Chandler, OK. Harris was one of the most important composers of this century. He was known for his use of Anglo-American folk tunes. He composed more than 200 works, including 13 symphonies, several ballet scores and much chamber and choral music. His best-known work is his “Third Symphony” (1939). He died at Santa Monica, CA, Oct 1, 1979.
    1899- On the edge of the greatest arctic outbreak of all-time, a vicious blizzard pounded the mid-Atlantic and New England states. 20 inches of snow fell at Washington, DC and 34 inches fell at Cape May, New Jersey. The central pressure of the storm was estimated to be 966 millibars (28.53 inches) just southeast of Nantucket, Massachusetts. It was the coldest morning ever in the eastern Great Plains and eastern Texas. Kansas City, Missouri bottomed out at 22 degrees below zero. Fort Worth, Texas dropped to 8 degrees below. Camp Clarke, Nebraska recorded 47 degrees below zero. In the east, Washington, DC recorded 15 degrees below zero and Charleston, South Carolina received 3.9 inches of snow.
    1900-Birthday of guitarist Pink Anderson, Laurens, SC. Died October 12, 1974
    1903-Birthday of Milton Rackmil, co-founder Decca records and president of Universal Studios, New York City, NY
(see 1951--
    1907 – Anna T. Jeanes bequeaths $1,000,000 to the Jeanes Supervisors. Anna T. Jeanes, a Quaker from Philadelphia, was one of ten children in a wealthy family. She was a well-to-do single woman in the 1800s who was interested in the causes of her day. None of her brothers and sisters left heirs. So in time, she inherited a great deal of money. Around the turn of the century, she began to donate her fortune to charity, and in 1907, shortly before she died, she gave one million dollars to a fund of income-bearing securities, to provide education to black students in rural areas of the South. This fund, based on an original gift of over a million dollars, was set up for the improvement of rural elementary schools for African Americans. Jeanes teachers were hired to travel to all the schools in a county, helping the local teachers organize classes in domestic science, gardening and carpentry. 
The Jeanes teachers contributed to the schools in other ways, often serving as informal social workers. For thirty years they provided a precious ingredient, hope, to small black communities. In 1937, the Jeanes Fund merged with the Slater Fund to found the Southern Education Foundation, which has continued to do much good work. She is buried at Fair Hill Burial Ground at Germantown Avenue and Cambria Street, Philadelphia. 

    1908 - The famous, New York-to-Paris automobile race started via Seattle and Yokohama, Japan. The race began in Times Square, New York City, with six automobiles entered in the race: three French, one Italian, One German, and one American. The race was won by George Schuster, driver, George J. Miller, mechanic, and Montague Roberts, assistant mechanic, in a car made by the E.R. Thomas Motor Company, Buffalo, NY. The cars drove across the North American continent, took a boat across the Pacific and then raced across Siberia and Europe to the City of Lights. One car dropped out on the starting day; after a while, only two remained. The average daily run was 152 miles, the longest daily run 420 miles. A team of Americans reached Paris on July 31, four days after a German team, but the Americans were declared the winners because of a handicap imposed on the Germans. The Americans traveled 13,341 miles in 170 days, 88 of which was spent driving. The race was sponsored by the New York Times and the Paris newspaper Le Matin.
Second entry:
    1909- On the 100th anniversary of Abraham Lincoln's birth, a call for an organizational meeting was issued for what was to become the National Association for the Advancement of Colored People (NAACP). The National Association for the Advancement of Colored People was founded by W.E.B. Dubois and Ida Wells-Barnett, with 58 others, to wage a militant campaign against lynching and other forms of racial oppression. Its legal wing brought many lawsuits that successfully challenged segregation in the 1950s and '60s. Today, the membership of the NAACP exceeds 500,000.
    1910-Birthday of tenor sax player Paul Bascomb, Birmingham, AL
    1913- Raymond “Ray” Dandridge, Baseball Hall of Fame third baseman born at Richmond, VA. Dandridge was a standout third baseman in the Negro Leagues. He was 35 years old when Organized Baseball called, but he never played a day in the major leagues. Inducted into the Hall of
Fame in 1987. Died at Palm Beach, FL, 1994.
    1913 -- Mary Harris "Mother" Jones leads a protest of conditions in the West Virginia mines and is arrested. On May 8, newly-elected Governor Hatfield releases her from jail. A government official once called Mary Jones "The most dangerous woman in America." She was dangerous to the established order because she was fearless in her defense of the oppressed working class. For 60 years she went into mining towns where men often feared to go, organizing unions. The miners called her "Mother" Jones. She was still out there at age 83. No rockin' chair for her... 
God,  if You had but the moon
    Stuck in Your cap for a lamp,
Even You'd tire of it soon,
    Down in the dark and the damp.
Nothing but blackness above
    And nothing that moves but the cars. . . .
God, if You wish for our love,
    Fling us a handful of stars.
---Louis Untermeyer
excerpt from “Caliban in the Coal Mines”, from Challenge, 1914
(This poem is based on the Few Clothes Johnson, the character played by James Earle Jones in John Sayles' film “Matewan”.) 
UMWA miners on Paint Creek in Kanawha County demanded wages equal to those of other area mines. The operators rejected the wage increase & miners walked off the job today, beginning one of the most violent strikes in the nation's history. At the age of 83, Mother Jones was convicted by a military court of conspiring to commit murder & was sentenced to 20 years in prison. The event created such a furor that the U.S. Senate formed a committee to look into conditions in the West Virginia coalfields.
    1914-Birthday of sax player “Tex” Beneke, Fort Worth, TX Died May 30, 2000
    1915-Birthday of Lorne Greene, the actor who played Ben Cartwright on the immensely popular television western “Bonanza”, in Ontario, Canada. An only child, Greene later said he based his portrayal of Ben Cartwright on his own father, Daniel Greene. Greene’s rise to national stardom in “Bonanza” did not come until relatively late in his career. He first began acting as a student at Queens University in Kingston, Ontario, where he abandoned his major in chemical engineering to follow the more exciting lure of the stage. For several years he worked in the theater in New York City, but he won his first major position in 1939 as an announcer for the Canadian Broadcasting Corporation. His deep, warm voice soon earned Greene the title, "The Voice of Canada." During World War II, he served as a flying officer in the Royal Canadian Air Force. When he returned to Canada, Greene began to win more acting roles in the fledgling Canadian television industry. In 1954, he made his big screen debut as the Apostle Peter in “The Silver Chalice”. Greene’s big break came in 1959. The American TV producer David Dortot spotted Greene playing a small role in the television western series “Wagon Train”. Dortot was in the midst of creating a new TV Western based on the adventures of a rancher father and his three sons. He thought Greene would be perfect for the role of "Pa"-Ben Cartwright. Greene agreed to take the role. His three TV sons (each by a different wife) were the thoughtful and mature Adam (Pernell Roberts), the gentle giant Hoss (Dan Blocker), and the hot-blooded young romantic Little Joe (Michael Landon). “Bonanza” debuted on NBC in 1959 and remained on the air until 1973, making it one of the longest running TV Westerns ever. Somewhat unique among the many other TV Westerns of the time in that it emphasized solitary cowboys and gunmen, “Bonanza” focused on the strong familial bonds between Ben Cartwright and his three sons. The silver-haired Greene created a Ben Cartwright who was an ideal father. Strong, compassionate, and understanding, "Pa" shepherded his sons through tough times with a grace and wisdom that won him the affection of millions of viewers. Besides offering appealing characters and interesting story lines, “Bonanza” was also popular because it was the first network Western to be televised in color. After “Bonanza” was canceled in 1973, Greene acted in several other short-lived TV shows, including “Battlestar Galactica”. He died in 1987 at the age of 72, still best remembered by millions as "Pa" Cartwright.
    1917- birthday of Dominic “Dom” DiMaggio, Boston Red Sox center fielder of the 1940s, early 1950s, in San Francisco, Ca.
    1923-Birthday of drummer Art Mardigan, Detroit, MI
    1924 - Bandleader Paul Whiteman presented his symphonic jazz at New York's Aeolian Hall. The concert was the first public performance of George Gershwin’s "Rhapsody In Blue" with Gershwin, himself, at the piano. 
    1924 - Calvin Coolidge, known as the ‘Silent President’, gave the first presidential political speech on radio from New York City. The speech was broadcast on five radio stations, and some five million people tuned in to hear the President. 
    1925-The Arbitration law was enacted by Congress: “ make valid and enforceable written provisions or agreements for arbitration of disputes, arising out of contracts, maritime transactions or commerce among the state or Territories or with foreign nations.” 
    1926—Trumpet player Buddy Childers born in St. Louis, Missouri.
    1926- birthday of Joe Garagiola, broadcaster and former baseball player, St. Louis, Mo.
    1934-Birthday of basketball Hall of Fame Boston Celtics center and former coach William Felton (Bill) Russell, born, Monroe, LA.
    1935--- Great airship, USS Macon, crashes into Pacific Ocean.
    1935- Birthday of singer/song composer Gene McDaniels, Kansas City, KS
    1935-Birthday of Ray Manzarek, keyboards player with the Doors, was born in Chicago. Manzarek met Doors' lead singer Jim Morrison at the UCLA film department, and together they conceived the group which was to become famous as much for Morrison's exhibitionism as for its music. The Doors, with Robby Krieger on guitar and John Densmore on drums, had a number-one hit with "Light My Fire," a song taken from their debut album in 1967. Several more hit singles and albums followed, until Jim Morrison's death of heart failure in 1971. Ray Manzarek took the band on to record two more albums, but the Doors split up in 1973.
    1938 – Birthday of Judy Blume, breakthrough author of realistic books for children. amseyil/blume.htm
    1940 - Mutual Radio first broadcast the comic-strip hero, "Superman". For six years the identity of the man from Krypton was unknown to listeners. Eventually word got out that Superman’s voice was that of Bud Collyer, who later hosted the television programs, "To Tell the Truth" and “Beat the Clock” on CBS. 
    1942 - On Decca Records, Mildred Bailey recorded "More Than You Know". 
    1944-Wendell Wilkie (R) enters presidential race. He had been talked into
running against FDR in 1940, and was more sincere in this race; however,
the Republicans had become more interested in the conservative Governor Thomas Dewey from New York. He had several heart attacks, finally succumbed, dying on October 8, 1944 at age fifty-two. FDR was reelected president on November 7, beating Gov. Dewey 25,602,504 to 22,006,285; electoral votes 432 to 99.
    1945- San Francisco selected for site of UN Conference.
    1945-DELEAU, EMILE, JR.  Medal of Honor
Rank and organization: Sergeant, U.S. Army, Company A, 142d Infantry, 36th Infantry Division. Place and date: Oberhoffen, France, 12 February 1945. Entered service at: Blaine, Ohio. Birth: Lansing, Ohio. G.O. No.: 60, 25 July 1945. Citation: He led a squad in the night attack on Oberhoffen, France, where fierce house-to-house fighting took place. After clearing 1 building of opposition, he moved his men toward a second house from which heavy machinegun fire came. He courageously exposed himself to hostile bullets and, firing his submachine gun as he went, advanced steadily toward the enemy position until close enough to hurl grenades through a window, killing 3 Germans and wrecking their gun. His progress was stopped by heavy rifle and machinegun fire from another house. Sgt. Deleau dashed through the door with his gun blazing. Within, he captured 10 Germans. The squad then took up a position for the night and awaited daylight to resume the attack. At dawn of 2 February Sgt. Deleau pressed forward with his unit, killing 2 snipers as he advanced to a point where machinegun fire from a house barred the way. Despite vicious small-arms fire, Sgt. Deleau ran across an open area to reach the rear of the building, where he destroyed 1 machinegun and killed its 2 operators with a grenade. He worked to the front of the structure and located a second machinegun. Finding it impossible to toss a grenade into the house from his protected position, he fearlessly moved away from the building and was about to hurl his explosive when he was instantly killed by a burst from the gun he sought to knock out. With magnificent courage and daring aggressiveness, Sgt. Deleau cleared 4 well-defended houses of Germans, inflicted severe losses on the enemy and at the sacrifice of his own life aided his battalion to reach its objective with a minimum of casualties.
    1947—Top Hits
For Sentimental Reasons - Nat King Cole
Ole Buttermilk Sky - The Kay Kyser Orchestra (vocal: Mike Douglas & The Campus Kids)
A Gal in Calico - Johnny Mercer
So Round, So Firm, So Fully Packed - Merle Travis
    1950-Genesis guitarist Steve Hackett is born in England. Hackett joined the group in 1970, after their first album had been released in Britain. Under the leadership of Peter Gabriel, Genesis was an art-rock band with an elaborate stage show and a dedicated cult following. But after Gabriel left in 1975, the band gained a wider audience with singer Phil Collins up front. By the time Genesis gained its first gold album, "And Then There Were Three," in 1978, Steve Hackett had left for a solo career.
    1951- Gil Moore, vocalist and drummer with the Canadian hard rock band, Triumph, was born. The other members of the trio, formed in Toronto in 1975, were vocalist and guitarist Rik (correct) Emmett and keyboardist and bassist Mike Levine. Triumph's hits from 1979 to 1986 included "Hold On," "Magic Power" and "Somebody's Out There."
    1952--LONG, CHARLES R.  Medal of Honor
Rank and organization: Sergeant, U.S. Army, Company M, 38th Infantry Regiment, 2d Infantry Division. Place and date: Near Hoengsong, Korea, 12 February 1951. Entered service at: Kansas City, Mo. Born: 10 December 1923, Kansas City, Mo. G.O. No.: 18, 1 February 1952. Citation: Sgt. Long, a member of Company M, distinguished himself by conspicuous gallantry and intrepidity above and beyond the call of duty in action against an armed enemy of the United Nations. When Company M, in a defensive perimeter on Hill 300, [Korean War??] was viciously attacked by a numerically superior hostile force at approximately 0300 hours and ordered to withdraw, Sgt. Long, a forward observer for the mortar platoon, voluntarily remained at his post to provide cover by directing mortar fire on the enemy. Maintaining radio contact with his platoon, Sgt. Long coolly directed accurate mortar fire on the advancing foe. He continued firing his carbine and throwing hand grenades until his position was surrounded and he was mortally wounded. Sgt. Long's inspirational, valorous action halted the onslaught, exacted a heavy toll of enemy casualties, and enabled his company to withdraw, reorganize, counterattack, and regain the hill strongpoint. His unflinching courage and noble self-sacrifice reflect the highest credit on himself and are in keeping with the honored traditions of the military service. 
    1955- McGuire Sisters' "Sincerely" single goes to #1 & stays #1 for 10 weeks
    1955—Top Hits
Sincerely - McGuire Sisters
Hearts of Stone - Fontane Sisters
Ko Ko Mo (I Love You So) - Perry Como
Let Me Go, Lover! - Hank Snow
    1955 – U.S. agrees to train the South Vietnamese Army. President Dwight Eisenhower sends first US advisors to South Vietnam.
    1956- Rock 'n' roll eccentric Screamin' Jay Hawkins recorded "I Put a Spell on You" for Okeh records, which became his best known song. He toured with revues organized by disc jockey Alan Freed, and often concluded his act by being carried off in a flaming coffin. He died Feb 13, 2000.
    1957 - No. 1 Billboard Pop Hit: “Too Much,'' Elvis Presley. The song is the first of four Presley songs to hit No. 1 in 1957, matching his 1956 record.
    1957- The Coasters recorded "Young Blood," a tune written by two white songwriters and independent record producers, Jerry Lieber and Mike Stoller. It became the first big hit for the group. The flip side, "Searchin'," was also popular. 
    1958-Argo Records releases the Monotones' doo wop classic, "Book of Love" backed with "You Never." Rising to the Top Five on both the pop and R&B charts, "Book of Love" will be the only success for the vocal sextet from Newark, New Jersey, who built their song on the jingle from a Pepsodent toothpaste commercial
    1959 -- Carl Sandburg, poet/socialist, addresses joint session of the US Congress on 150th anniversary of Lincoln's birthday.
    1960 -- Pat Boone earns a gold LP for "Pat's Great Hits."

    1960 - A snowstorm in the Deep South produced more than a foot of snow in Louisiana, Mississippi and Alabama
    1961- "Shop Around" by the Miracles became the first million-seller for Motown Records. 
    1962-Bus boycott starts in Macon GA
    1962 - No. 1 Billboard Pop Hit: “Duke of Earl,'' Gene Chandler. The song is the first million-selling record for Vee Jay Records.
    1963—Top Hits
Hey Paula - Paul & Paula
Loop De Loop - Johnny Thunder
Up on the Roof - The Drifters
The Ballad of Jed Clampett - Flatt & Scruggs
    1964 - The Beatles ended a successful American tour by playing two concerts at Carnegie Hall in New York City. 
    1966 -- Rock For Peace at the Fillmore Auditorium in San Francisco, California, with The Great Society, Quicksilver Messenger Service, & Big Brother & the Holding Company. Benefit for Democratic congressional candidates & the Viet Nam Study Group. Meanwhile, it's Lincoln's Birthday Party with Sopwith Camel at the Firehouse, former quarters of Engine Co. 26 & Truck Co. 10, 3767 Sacramento St. The Charlatans also appeared.
    1966-The Rolling Stones fly to New York to tape an appearance on "The Ed Sullivan Show," which is on the next evening.     1967 -- Benefit at the Fillmore for the Council for Civic Unity. Moby Grape and Sly & the Family Stone perform.
    1968-Jimi Hendrix returns home to Seattle where he plays for the students of Garfield High School (which he dropped out from) and receives a key to the city.
    1968 - Ramparts published Eldridge Cleaver's “Soul on Ice”.
    1970-Joseph L. Searles becomes the first Black member of the New York
Stock Exchange.
    1971—Top Hits
Knock Three Times - Dawn
One Bad Apple - The Osmonds
Rose Garden - Lynn Anderson
Joshua - Dolly Parton
    1972 - Al Green’s "Let’s Stay Together" took the top spot from "American Pie" on the music charts. The record stayed at #1 for one week, before Nilsson’s "Without You" knocked it out. In 1980, Green returned to his gospel roots, and is now a minister in Memphis, Tennessee. Green recorded 14 hit songs, six of which made it to the Top 10.     1973-The release of U.S. POWs begins in Hanoi as part of the Paris peace settlement. The return of U.S. POWs began when North Vietnam released 142 of 591 U.S. prisoners at Hanoi's Gia Lam Airport. Part of what was called Operation Homecoming, the first 20 POWs arrived to a hero's welcome at Travis Air Force Base in California on February 14. Operation Homecoming was completed on March 29, 1973, when the last of 591 U.S. prisoners were released and returned to the United States.
    1973- metric distance markers were put up by the Ohio Department of Transportation, the first state to do so, on Interstate 71 between Cincinnati and Columbus and between Columbus and Cleveland. The signs showed the distance in both miles and kilometers.
1974 - LaBelle played the unofficial opening concert for the legendary New York club the Bottom Line. The headliner for the official opening the next night was Dr. John. Stevie Wonder and Johnny Winter joined him for a jam session.
    1975 – “The Stepford Wives”, starring Katharine Ross, a film about women in a small town being turned into passive robots, opened to theaters. 
    1977-- Barbra Streisand's soundtrack album “A Star Is Born” hits #1
    1979—Top Hits
Da Ya Think I’m Sexy? - Rod Stewart
Y.M.C.A. - Village People
A Little More Love - Olivia Newton-John
Every Which Way But Loose - Eddie Rabbitt
    1985 - Johnny Carson surprised "Tonight Show" viewers and live audience members by shaving his beard. Carson joked: "I had to do it when a little old lady said that she had confused me for one of the Smith Brothers." The studio audience was silent, until Johnny, timing it perfectly said, "You know, the cough drop guys." Laughter. 
    1986 - No. 1 Billboard Pop Hit: “How Will I Know,'' Whitney Houston. The song displaces “That's What Friends Are For,'' the No. 1 song by Houston's cousin, Dionne Warwick.
    1987—Top Hits
Open Your Heart - Madonna
Livin’ on a Prayer - Bon Jovi
Change of Heart - Cyndi Lauper
Leave Me Lonely - Gary Morris
    1988 - a big east coast storm dumped heavy snow across New York and New England. Snowfall totals included 26.1 inches at Camden, New York, 26 inches at Chester, Massachusetts, and 24 inches at Berlin, New Hampshire and Rochester, Vermont.
    1989 -- Tiny Tim declares himself a New York City mayoral candidate.
    1990- Sting, Bruce Springsteen, Paul Simon and Don Henley performed at a benefit in Beverly Hills, California for the Rainforest Foundation. More than one-million dollars was collected from such celebrities as Don Johnson, Billy Crystal, Barbra Streisand and Goldie Hawn to save the Amazon rain forests and the Indians who live there. 
    1992- Sharon Kowalski finally went home. After an eight-year battle to gain custody of her life partner who was badly injured in an accident, Karen Thompson was named Sharon's guardian and took her home. Karen had fought for the right of guardianship claiming Sharon's father - who would have nothing to do with her before the accident - only gave her warehousing and custodial care on the money awarded Sharon for her accident, and insufficient medical care. Karen showed that because of the lack of physical therapy Sharon's muscles were shortening thereby crippling her further. And Sharon, though brain damaged, made it clear she wanted to go with Karen. In the decision, the Minnesota Court of Appeals said that the women were "...a family of affinity which ought to be respected."
    1994- Celine Dion became the first Quebec artist to top the Billboard Hot 100 chart when "The Power of Love" made number-one. 
    1997- Fred Goldman, father of the slain Ron Goldman, says he will settle for a signed murder confession from O J Simpson in lieu of his $20.5 million judgment.
    1998 - The handwritten lyrics to Elton John's funeral tribute to Princess Diana, the revised balled "Candle in the Wind 1997," sold for $442,500 at a Beverly Hills auction benefiting the Princess's charities. The lyrics were revised from the 1970's hit tribute to Marilyn Monroe, and were both written by Elton's longtime collaborator, Bernie Taupin. 
    1999-President Bill Clinton is found “not guilty” in breaking any Federal laws. The five-week impeachment trial of Bill Clinton comes to an end, with the Senate voting to acquit the president on both articles of impeachment: perjury and obstruction of justice. In November 1995, Clinton began an affair with Monica Lewinsky, a 21-year-old unpaid intern. Over the course of a year and a half, the president and Lewinsky had nearly a dozen sexual encounters in the White House. In April 1996, Lewinsky was transferred to the Pentagon. That summer, she first confided in Pentagon co-worker Linda Tripp about her sexual relationship with the president. In 1997, with the relationship over, Tripp began secretly to record conversations with Lewinsky, in which Lewinsky gave Tripp details about the affair. In December, lawyers for Paula Jones, who was suing the president on sexual harassment charges, subpoenaed Lewinsky. In January 1998, allegedly under the recommendation of the president, Lewinsky filed an affidavit in which she denied ever having had a sexual relationship with him. Five days later, Tripp contacted the office of Kenneth Starr, the Whitewater independent counsel, to talk about Lewinsky and the tapes she made of their conversations. Tripp, wired by FBI agents working with Starr, met with Lewinsky again, and on January 16 Lewinsky was taken by FBI agents and U.S. attorneys to a hotel room where she was questioned and offered immunity if she cooperated with the prosecution. A few days later, the story broke, and Clinton publicly denied the allegations, saying, "I did not have sexual relations with that woman, Ms. Lewinsky." In late July, lawyers for Lewinsky and Starr worked out a full-immunity agreement covering both Lewinsky and her parents, all of whom Starr had threatened with prosecution. On August 6, Lewinsky appeared before the grand jury to begin her testimony, and on August 17 President Clinton testified. Contrary to his testimony in the Paula Jones sexual-harassment case, President Clinton acknowledged to prosecutors from the office of the independent counsel that he had had an extramarital affair with Ms. Lewinsky. In four hours of closed-door testimony, conducted in the Map Room of the White House, Clinton spoke live via closed-circuit television to a grand jury in a nearby federal courthouse. He was the first sitting president ever to testify before a grand jury investigating his conduct. That evening, President Clinton also gave a four-minute televised address to the nation in which he admitted he had engaged in an inappropriate relationship with Lewinsky. In the brief speech, which was wrought with legalisms, the word "sex" was never spoken, and the word "regret" was used only in reference to his admission that he misled the public and his family. Less than a month later, on September 9, Kenneth Starr submitted his report and 18 boxes of supporting documents to the House of Representatives. Released to the public two days later, the Starr Report outlined a case for impeaching Clinton on 11 grounds, including perjury, obstruction of justice, witness-tampering, and abuse of power, and also provided explicit details of the sexual relationship between the president and Ms. Lewinsky. On October 8, the House authorized a wide-ranging impeachment inquiry, and on December 11 the House Judiciary Committee approved three articles of impeachment. On December 19, after nearly 14 hours of debate, the House approved two articles of impeachment, charging President Clinton with lying under oath to a federal grand jury and obstructing justice. Clinton, the second president in American history to be impeached, vowed to finish his term. On January 7, 1999, in a congressional procedure not seen since the 1868 impeachment trial of President Andrew Johnson, the trial of President Clinton got underway in the Senate. As instructed in Article 1 of the U.S. Constitution, the chief justice of the U.S. Supreme Court (William Rehnquist at this time) was sworn in to preside and the senators were sworn in as jurors. Five weeks later, on February 12, the Senate voted on whether to remove Clinton from office. The president was acquitted on both articles of impeachment. The prosecution needed a two-thirds majority to convict but failed to achieve even a bare majority. Rejecting the first charge of perjury, 45 Democrats and 10 Republicans voted "not guilty" and on the charge of obstruction of justice the Senate was split 50-50. After the trial concluded, President Clinton said he was "profoundly sorry" for the burden his behavior imposed on Congress and the American people.
    2004-Some 90 gay and lesbian couples wed in San Francisco. Over the next few days some 2,000 took their vows.



The object is to insert the numbers in the boxes to satisfy only one condition: each row, column and 3x3 box must contain the digits 1 through 9 exactly once. What could be simpler?



Daily Puzzle

How to play:

Refresh for current date:






See USA map, click to specific area, no commercials



Traffic Live---

Real Time Traffic Information

You can save up to 20 different routes and check them out with one click,
or type in a new route to learn the traffic live