Tuesday, February 14, 2023
Today's Leasing News Headlines
Leasing/Finance Veteran Bob Rodi Late Email
on Passing of Larry LaChance, CLFP
Funders for Broker Expo 2023
Entering its Fourth Year
New Hires/Promotions in the Leasing Business
and Related Industries
Leasing and Finance Industry Help Wanted
We Are Growing Our Senior Sales Team Now!
Fill the Void
Sales Makes it Happen by Scott Wheeler, CLFP
Ten Top Leasing News Read by Reader
February 7 to February 9
Introducing Reid Raykovich, CLFP
Leasing News Advisor
German Sheppard
Glendale, Arizona Adopt-a-Dog
Getting Ahead with the Help of Data
Free AACFB Webinar Wed, Feb. 15th 3:00pm ET
News Briefs ----
Ford to move forward with $3.5 billion
EV battery plant with Chinese partner
Change Your LastPass Password Manager
Before It's Too Late
Retailers busting thieves with facial-recognition
tech used by MSG’s James Dolan
Inflation Is Falling, and Where It Lands Depends
Goods, shelter and services could tug consumer prices
You May Have Missed
Illinois grapples with rise in sports gambling
problems as bets hit $1 Billion a month
Broker/Funder/Industry Lists | Features (wrilter's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months
Sales Make It Happen
Sports Brief----
California Nuts Brief---
"Gimme that wine"
This Day in History
SuDoku
Daily Puzzle
GasBuddy
Weather, USA or specific area
Traffic Live----
Wordle
######## surrounding the article denotes it is a “press release,” it was not written by Leasing News nor has the information been verified. The source noted. When an article is signed by the writer, it is considered a “byline.” It reflects the opinion and research of the writer.
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Leasing/Finance Veteran Bob Rodi Late Email
on Passing of Larry LaChance, CLFP
Larry LaChance
The passing of Larry LaChance, CLFP, at 66, brought many emails to Leasing News and the financial news media, including LinkedIn. Here is a late one from Bob Rodi, who was very active with the Western Association of Equipment Leasing, now National Equipment Finance Association. He says he reads Leasing News from time-to-time and wanted to share with others. - Editor.
Pictures from the Past---1995
“Dancing the Night Away--From top right, Ginny Young, Brava Capital, and Robert Rodi, CLP, the American Lease Exchange, show off their moves at Saturday’s ‘Roaring 20’s Dinner Gala. Inset: Pat Roberts, M&R Leasing, Inc., and Phil Dushey, Global Leasing Services at the Roaring 20’s.”
November, 1995 United Association of Equipment Leasing Regional Reporter
2000---Bob and Marina Rodi
“Marina Rodi, LeaseNOW, makes sure that Bob sticks to his 75
calories a day diet (that’s the photo caption from the UAEL Newsline says Dr. Ray Williams, was still the Executive VP., WAEL).”
Email from Bob:
"Although I'm not involved in the leasing industry any longer, I am still active doing consulting work in the franchise finance business. I still enjoy reading Leasing News from time to time and make an effort to check on old friends and colleagues. I was saddened by the news that Larry LaChance had passed.
"Larry, along with my old friend George Davis, were among the first people I met when I joined the associations, nearly 40 years ago. He was a great guy to talk to and he was one of those uniquely successful niche players with an excellent grasp of his market and his customers.
"I am always a little afraid when I pull up Leasing News these days. As you know, we are at the point in our lives that 'everyday above ground is a good one.' My fear is that it will not always be the best news and that one it may even be my name.
"Thanks for keeping us all informed, for all these years. I did sign up with my new email address as I don't really use the Hotmail address any longer, except when I want to check on Leasing News."
“All the best”
Bob Rodi
Senior Franchise Programs Consultant
BoeFly, a Subsidiary of ConnectOne Bank
724-316-5085
brodi@boefly.com
----
Larry LaChance Obituary:
https://www.legacy.com/us/obituaries/name/larry-lachance-obituary?id=39612010
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Funders for Broker Expo 2023
Entering its Fourth Year
Daymond John, one of the long running stars of Shark Tank, is the main man in charge in expanding the broker finance marketplace.
Founder of FUBU, a much-celebrated global lifestyle brand, and a pioneer in the fashion industry with over $6 billion in product sales world-wide.
The Fourth Funders Forum + Brokers Expo will be held in Hollywood, Florida, March 8-10 2023.
Anthony Parker, Senior Manager, The Funders for Broker Expo 2023, explained, “Funders Forum was first held in 2019 and the spirit from that flagship event remains as strong as ever. Now Funder’s Forum + Brokers Expo has evolved into the most unique conference in its field, supporting the very heart of America, our small business community and the funders and brokers that help them thrive.
“Each attendee not only has the opportunity to network with like-minded individuals, they have a chance to engage with the brains behind today’s small business funding policies and regulations. Most importantly, the proceeds from the weekend go toward the funding community itself to continue fighting for policies that will help make a difference for our funders, brokers, and especially the small business owners impacted by the funding community.
Here is the Agenda:
https://thefundersforumbrokerexpo.com/agenda/
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New Hires/Promotions in the Leasing Business
and Related Industries
Evan Brown was promoted to Senior Director, BD and Partnerships, Bluevine, Jersey City, New Jersey. He was hired as Manager, Channel Partners, May, 2017, promoted Senior Manager, Channel Partners, January, 2019, promoted January, 2020, Head of Channel Partners, promoted February, 2021, Director, BD & Partnerships. Prior, he was at Fora Financial, starting August, 2014, Business Development Account Executive, promoted January, 2016, Business Development Manager.
https://www.linkedin.com/in/evan-brown-8553abb7/
Caitlin Cosentino was promoted to Senior Manager, News Sales Account Management, Bluevine, Jersey City, New Jersey. She is located in the New York City Metropolitan Area. She joined the firm March, 2019, and had many promotions. Full Bio:
https://www.linkedin.com/in/caitlin-cosentino/details/experience/
https://www.linkedin.com/in/caitlin-cosentino/
Joe Egitton was hired as Senior Vice President, BOK Financial, Marietta, Georgia. He is located in Atlanta, Georgia. Previously, he was Wholesale Relationship Manager, Bank of the West (July, 2014 - December, 2022). He started November, 1999 as National Sales Manager, GE Commercial Distribution Finance; promoted March, 2003, Black Belt; promoted National Director of Sales, November, 2005, GE Commercial Finance; promoted National Account Manager; promoted Vice President, Regional Sales, GE Capital, March, 2010. Prior, he was National Sales Manager, Deutsche Financial Servicers (1988 - 2003); Regional Finance Manager, Carrier Distribution Credit Corporation (June, 1994 - November, 1999); Regional Finance Manager (1991 - 1994).
https://www.linkedin.com/in/joeegitton/
Peter Mazzei was promoted to President, Pivotal Capital Corporation, Toronto, Ontario, Canada. He joined Pivotal March, 2018 as Managing Director, Credit, promoted March, 2018, Vice President Credit; Senior Vice President, Credit, ECN Capital (October, 2015 - February, 2018). Prior, he was at Element Financial Corporation, starting May, 2010, Vice President, Credit, promoted July, 2014, Senior Vice President, Credit.
https://www.linkedin.com/in/peter-mazzei-5064256/details/experience/
https://www.linkedin.com/in/peter-mazzei-50642
Erik Morey was hired as Regional Sales Manager, Equify Financial, LLC. He is located in Columbus, Ohio. Previously, he was Regional Transportation Manager, Banterra Bank (July, 2018 - January,, 2021); Director of Business Development, thePLAN (July, 2017 - September, 2019). Full Bio:
https://www.linkedin.com/in/erik-morey-b30a275/recent-activity/
https://www.linkedin.com/in/erik-morey-b30a275/
Jen (Olson) Quintero was hired as Assistant Vice President, Prado Capital, Spokane, Washington. Previously, she was Legal Secretary, Spokane County (November, 2018 - June, 2020); Deputy Collection Clerk, Island County Superior Court (June, 2016 - August, 2012); Credit Administrator, Ascentium Capital (August, 2014 - October, 2015).
Full Bio:
https://www.linkedin.com/in/jen-quintero-07a26773/details/experience/
https://www.linkedin.com/in/jen-quintero-07a26773/
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Leasing and Finance Industry Help Wanted
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Fill the Void
Sales Makes it Happen by Scott Wheeler, CLFP
Top originators in the commercial equipment finance and leasing industry are filling a void which continues to develop in the market. Many participants in the small ticket arena are advertising and offering application-only programs up to $250.0K, $500.0K, and $750.0K. However, many of these programs are not absolute.
In the recent past, the approval ratios of these programs have decreased. More upper-end transactions are requiring additional information and full disclosure packages in order to obtain an approval.
Several originators have claimed that when larger transactions require additional information, they just move on to another true application-only opportunity rather than taking the extra effort to gather and package a transaction. Some originators have admitted that it takes too much additional work to package a full disclosure submittal; or that they don't know how to gather, analyze, or recommend a full disclosure transaction; or that full disclosure transactions are too intimidating.
Savvy originators are capturing additional business as their competitors are shying away from opportunities that require additional information.
A top producing originator explained how he pre-qualifies his clients and, whenever necessary, quickly transitions from an application-only program to a full disclosure submittal, even if the request is significantly below his company's stated application-only limit. This top originator saves his client's time by being forthright of how best to obtain an approval.
This originator explained how he wants to build a complete credit profile so that he can fund multiple transactions beyond the current request. This originator fully understands his client's credit profile to provide meaningful solutions which align with the client's needs and wants. This originator's approach is consultative; it demonstrates professionalism and emphasizes his industry expertise.
Most importantly, this originator increased his production numbers significantly over the past few quarters by filling a void that less savvy originators have too easily abandoned because of laziness or inability to pursue full disclosure transactions.
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Wheeler Business Consulting is working with individual originators and sales teams throughout the industry to ensure that they are well positioned in the market, capturing their fair share of business, and outperforming the competition. To schedule a one-on-one meeting contact Scott Wheeler at: scott@wheelerbusinessconsulting.com
Scott A. Wheeler, CLFP
Wheeler Business Consulting
1314 Marquis Ct.
Fallston, Maryland 21047
Phone: 410 877 0428
Fax: 410 877 8161
Email: scott@wheelerbusinessconsulting.com
Web: www.wheelerbusinessconsulting.com
Sales Makes it Happen articles:
http://www.leasingnews.org/Legacy/index.htm
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Top Ten Leasing News Read by Readers
February 7 to February 9
(1) New York Commercial Disclosure Regulations Approved
By Ken Greene, Leasing News Editor
https://leasingnews.org/archives/Feb2023/02_07.htm
(2) CORRECTION
New York Commercial Disclosure Regulations Approved
By Ken Greene, Leasing News Editor
https://leasingnews.org/archives/Feb2023/02_09.htm#correction
(3) New Hires/Promotions in the Leasing Business
and Related Industries
https://leasingnews.org/archives/Feb2023/02_09.htm#hires
(4) Leasing Software Companies
Odessa, Inc updated info
https://leasingnews.org/archives/Feb2023/02_09.htm#sw
(5) Larry's Legacy (with Obituary)
By Scott A. Wheeler, CLFP
Wheeler Business Consulting
https://leasingnews.org/archives/Feb2023/02_07.htm#legacy
(6) The World's
Top 50 websites
https://leasingnews.org/archives/Feb2023/02_09.htm#worlds
(7) AACFB Webinar Wednesday Feb. 15th 3:00pm ET
Getting Ahead with the Help of Data
https://leasingnews.org/archives/Feb2023/02_09.htm#aacfb
(8)Topmark Funding Closes Another Record-Setting
Year In 2022 Delivering Significant Revenue Growth Year Over Year
https://leasingnews.org/archives/Feb2023/02_07.htm#tm
(9) Number of U.S. Uninsured
Falls Once More
(10) How Inflation is Affecting Asset Values and Appraisals
By Chris Nugent, Blue Chip Asset Management
https://leasingnews.org/archives/Feb2023/02_07.htm#how
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Reid Raykovich, CLFP
Chief Executive Officer
Certified Lease & Finance Professional Foundation
(206) 535-6281
P.O. Box 146, Northbrook, IL 60065
reid@CLFPFoundation.org
www.CLFPFoundation.org
Reid joined the Leasing News Advisory Board January 1, 2019
Reid Raykovich, CLFP, is the CEO at the Certified Lease & Finance Professional Foundation. Reid took over the Foundation in 2012 and has grown the membership by over 710%. In 2014, she was honored with the Foundation’s Cindy Spurdle Award of Excellence.
Reid began her career in the commercial equipment finance industry at Great American Insurance where she obtained her CLFP designation. She has also held various positions at McCommon Leasing, Irwin Commercial Finance and Financial Pacific Leasing where she was presented the “Above and Beyond Leadership” Award. She was given the Leasing News Person of the Year Award in 2016, was named as one of the top 50 most powerful and influential women in the industry by Monitor magazine in 2019, and also named as the 2020 Pioneer Icon by Monitor.
Reid has authored and co-authored several articles regarding certification and continuing education and has spoken on various panels and presented at many industry conference sessions. In 2018, she traveled to Australia and spoke in three cities regarding the certification.
She has a Bachelor of Arts in Psychology, with minors in Classics and Business from the University of Washington where she graduated magna cum laude in two and a half years.
In her spare time, she loves crafting and making gifts for others. She has a daughter Milla, and a loving cat Toonces who keeps her on her toes.
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German Sheppard
Glendale, Arizona Adopt-a-Dog
Carrie
Female
Young
Black, Brown/Chocolate
Large
Coat Length: Medium
Meet Carrie
Carrie was rescue with her brother and mom. We are still getting to know her personality.
If you can give Carrie an indoor forever home, please fill out our online application on our website at http://www.savingpawsrescueaz.org/adoption-form/
We will only schedule meet and greets with an approved application. We are an all-volunteer organization. It may take a couple of days to process an application and complete reference checks.
Thank you for your interest in saving the life of a dog.
Saving Paws
Glendale, Arizona
(480) 737-6088
Saving Paws Rescue AZ is an all-volunteer, 501 (c) (3) charitable organization in Phoenix, Arizona, dedicated to providing veterinary care, evaluation and adoptive homes for German Shepherd Dogs , Belgian Malinois and others who are left in pounds to await uncertain fate, are owner surrenders ( divorce, death, etc.) or are from abusive or negligent situations. We help provide a safe harbor for German Shepherds and other breeds that might otherwise be destroyed.
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AACFB Webinar
Getting Ahead with the Help of Data
Join us for this free webinar, Wednesday, February 15, 2023, at 3:00 p.m. (ET) when financial technology experts Allen Jones with Copernicus and Scott Nelson with Tamarack Technology will share their tips for using technology to get ahead in business.
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This Day in American History
1773 - Birthday of William Henry Harrison (d. 1841), Charles City County, Colony of Virginia. The 9th president of the United States (March 4-April 4, 1841), his term of office was the shortest in our nation's history-32 days. He was the first president to die in office (of pneumonia contracted during inaugural ceremonies).
1775 - English Parliament declares Massachusetts colony is in rebellion.
1794 - The first warship to capture an enemy shop after the Revolution was the U.S.S. Constellation, a 36-gun frigate of 1,265 tons. Off the island of Nevis, West Indies, the 36-gun Constellation, under the command of Commodore Thomas Truxtun, met and captured the 40-gun French frigate Insurgente, inflicting 70 casualties at the cost of only 4 American casualties. The battle had lasted only seventy-five minutes. Truxtun was headed for the island of Nevis when he caught sight of the French frigate L'Insurgente. After pursuing the Frenchman, Truxtun prepared for action. However, as the two ships were on the verge of engaging one another, a squall engulfed them, snapping the main topmast of the French frigate. The loss of mobility, coupled with the French tendency to fire high into the opponent's rigging, gave Truxtun a deadly advantage. "A very fine frigate [is] being added to our infant Navy" was the report sent to Stoddert.
http://www.navysna.org/awards/Hall%20of%20Fame%20Write%
20Ups/Truxton.htm
1812 - Pioneer missionary Samuel Newell married fellow Congregationalist Harriet Atwood. Afterward, they sailed for India with Adoniram and Ann Hasseltine Judson. (Harriet Newell and Ann Judson thereby became the first American women commissioned for missionary work abroad.)
1819 - Birthday of Lydia E. Pinkham (d. 1883), Lynn, MA. Developed a home tonic of herbs and 19% alcohol that she gave her children. As the tonic grew famous in her neighborhood, she made her first sales in 1875 to earn money since she was married to a dreamer whose ship never came in. Later, her son marketed the home remedy under her direction. The "women's tonic" meant to relieve menstrual and menopausal pains, although Pinkham's Vegetable Compound sold well to the general public, it was regarded by health experts as quackery.
1825 - John Quincy Adams was elected president of the United States by the House of Representatives, into which the election had been thrown by the failure of any of the four candidates to win a majority in the Electoral College. Henry Clay, one of the candidates, assisted Adams cause in the House. In the four-way race of Adams, Andrew Jackson, Henry Clay, and William Crawford, Jackson had received more electoral votes than Adams, but no majority.
1849 - Laura Clay at the 1920 convention became the first woman to receive a vote for the presidential nominee of the Democratic Party. She was a noted suffrager and first president of the Kentucky Equal Rights Association.
1861 - Tennessee votes against secession. On June 8, pro-slavery advocates stop anti-slavery voters at the polls, whereupon Tennessee secedes from the Union. The Provisional Congress of the Confederate States of America elected Jefferson Davis president and Alexander H. Stephens vice president.
1870 – President U. S. Grant signed a joint resolution of Congress establishing the US Weather Bureau.
1886 - President Cleveland declares a state of emergency in Seattle because of anti-Chinese violence. These protests were also seen in other Northwest cities due to the influx of “cheap” Chinese labor.
http://immigrants.harpweek.com/ChineseAmericans/Items/Item095L.htm
1873 - In the foremost scandal of the day, Victoria Woodhull, publisher, was arrested for writing that renowned preacher Henry Ward Beecher had committed adultery. The postal authorities charged her with sending obscene literature through the mail. She was acquitted of the charge. What made the event more newsworthy is that Beecher was subsequently sued for alienation of affections by Theodore Tilton. The jury and the public found Dr. Beecher innocent but found Mrs. Tilton guilty.
1874 - Birthday of American poet Amy Lowell (d. 1925), Brookline, MA. Her eccentricities inspire more discussion than her poetry. A lesbian and a very fat woman, she wore frilly clothes, smoked cigars, slept during the day, wrote poetry at night and kept all the mirrors in her house covered.
In 1915, anticipating a wartime shortage, Lowell, like George Sand, a woman partial to cigars, ordered 10,000 Manilas. Ezra Pound, trying to help place her poetry, made up the "Imagist" movement.
http://www.sappho.com/poetry/a_lowell.html
1900 - The great Count Basie bassist Walter Page (d. 1957), was born in Gallatin, MO.
1909 - Birthday of Carmen Miranda, born Maria do Carmo Miranda da Cunha (d. 1955) in Marco de Canavezes, Portugal. Her family moved to Rio de Janeiro when she was about two years old. Her career took off in the carnival of 1930 with the spectacular success of the marchinha "Taí." A popular movie star and singer in her day.
http://www.maria-brazil.org/carmen.htm
http://www.humnet.ucla.edu/echo/Volume2-Issue1/wells-media/
Carmen-Miranda.jpg
1912 - The United States Lawn Tennis Association amended the playing rules for its men's single's championship.
1914 - Birthday of country and western singer Ernest Tubb (d. 1984), Crisp, Texas. Known as the Texas Troubador,” he was the sixth member to be elected to the Country Music Hall of Fame and the headliner on the first country music show ever to be presented at Carnegie Hall. His first major hit, “Walking the Floor Over You,” gained him his first appearance at the Grand Ole Opry in 1942, and he attained regular membership in 1943.
1914 - Birthday of Bill Veeck (d. 1986), Chicago. Baseball's premiere promoter and showman as an owner of several teams. He integrated the American League, sent a midget to the plate to start a game and, in general, sought to provide fans with entertainment in addition to baseball. Inducted into the Hall of Fame in 1991.
1914 - Birthday of ecdysiast Gypsy Rose Lee, born Rose Louise Hovick (d. 1970), Seattle, WA.
http://us.imdb.com/name/nm0497346/
http://www.thrillingdetective.com/eyes/gypsy_rose_lee.html
1917 - American labor agitator Tom Mooney falsely convicted of fatal bombing. He is Pardoned and released 22 1/2 years from now.
http://www.shapingsf.org/ezine/labor/mooney/
http://www.dartmouth.edu/~library/Library_Bulletin/Nov1989/
LB-N89-VClose2.html
1920 - The Joint Rules Committee (of Major League Baseball) banned all foreign substances or other alterations to the ball by pitchers, including saliva, resin, talcum powder, paraffin, and the shine and emery ball. A pitcher caught cheating will be suspended for 10 days. The American League allows each club to name just two pitchers who will be allowed to use the pitch for one more season. The National League allows each club to name all its spitball pitchers. No pitchers other than those designated will be permitted to use the banned pitch and none at all after this season (however, the designated pitchers will eventually be allowed to use the pitch for the rest of their careers). Other rules changes: the adoption of writer Fred Lieb’s proposal that a game-winning home run with men on base be counted as a home run even if the batter's run is not needed to win the game. Also, the intentional walk is banned, and everything that happens in a protested game will go in the records.
1933 - The temperature at Moran, WY, located next to Teton National Park, plunged to 63 degrees below zero to establish a state record. The temperature at the Riverside Ranger Station in Montana dipped to 66 below zero to establish a record for the state, and a record for the nation which stood until 1954.
1934 - The mercury dipped to 51 degrees below zero at Vanderbilt to establish a record for the state of Michigan. The temperature at Stillwater plunged to 52 degrees below zero to establish a record for the state of New York.
1942 - Singer-songwriter Carole King was born Carol Joan Klein in Brooklyn, New York. Along with her then-husband Gerry Goffin, King wrote some of the most successful pop tunes of the 1960's. Among them were "Will You Love Me Tomorrow" for the Shirelles, "Up on the Roof" for the Drifters and "The Loco- Motion" for Little Eva. In the '70s, King started concentrating on her singing. Her 1971 album "Tapestry" Her soft rock Tapestry album sold more than 13 million copies and in 1971 she won four Grammy awards, and became the biggest- selling album of all time, although its sales have since been topped by at least two other albums. After her divorce in 1969, she changed her style and performed solo. "You've Got a Friend" was the 1971 Grammy best song and "It's Too Late" the best record. King received a star on the Hollywood Walk of Fame in December, 2012.
1943 - In a major strategic victory, the American 161st and 132nd Regiments retook Guadalcanal in the Solomon Islands after a six-month-long battle. More than 9,000 Japanese and 2,000 Americans were killed. The fierce resistance by the Japanese was an indication to the Allies of things to come. Guadalcanal put the Allies within striking distance of Rabaul, the major Japanese base in the area (as featured in "Victory at Sea").
1943 - The National League is looking for a buyer for the Philadelphia Phillies, whose owner, Gerry Nugent, has fallen in arrears on rent and bank loans. The league pays $10 a share for 4,685 out of 5,000 outstanding shares in the club.
1944 - Birthday of Alice Walker, Eatonton, GA. Black American essayist, poet, novelist, and womanist. Won 1983 Pulitzer Prize for her novel “The Color Purple” (1982). Her “Warrior Marks” and “Possessing the Secret of Joy” take up the horrendous practice of female genital mutilation in some African locations.
1945 - *CICCHETTI, JOSEPH J., Medal of Honor
Rank and organization: Private First Class, U.S. Army, Company A, 148th Infantry, 37th Infantry Division. Place and date: South Manila, Luzon, Philippine Islands, 9 February 1945. Entered service at: Waynesburg, Ohio. Birth: Waynesburg, Ohio. G.O. No.: 115, 8 December 1945. Citation: He was with troops assaulting the first important line of enemy defenses. The Japanese had converted the partially destroyed Manila Gas Works and adjacent buildings into a formidable system of mutually supporting strongpoints from which they were concentrating machinegun, mortar, and heavy artillery fire on the American forces. Casualties rapidly mounted, and the medical aid men, finding it increasingly difficult to evacuate the wounded, called for volunteer litter bearers. Pfc. Cicchetti immediately responded, organized a litter team and skillfully led it for more than 4 hours in rescuing 14 wounded men, constantly passing back and forth over a 400-yard route which was the impact area for a tremendous volume of the most intense enemy fire. On 1 return trip the path was blocked by machinegun fire, but Pfc. Cicchetti deliberately exposed himself to draw the automatic fire which he neutralized with his own rifle while ordering the rest of the team to rush past to safety with the wounded. While gallantly continuing his work, he noticed a group of wounded and helpless soldiers some distance away and ran to their rescue although the enemy fire had increased to new fury. As he approached the casualties, he was struck in the head by a shell fragment, but with complete disregard for his gaping wound he continued to his comrades, lifted 1 and carried him on his shoulders 50 yards to safety. He then collapsed and died. By his skilled leadership, indomitable will, and dauntless courage, Pfc. Cicchetti saved the lives of many of his fellow soldiers at the cost of his own.
1950 - During a speech in Wheeling, West Virginia, Senator Joseph McCarthy (R-Wisconsin) claims that he has a list with the names of over 200 members of the Department of State that are "known communists" (he never produced that list). The speech vaulted McCarthy to national prominence and sparked a nationwide hysteria about subversives in the American government. He did untold damage to many people's lives and careers, had a muzzling effect on domestic debate on Cold War issues, and managed to scare millions of Americans. McCarthy, however, located no communists and his personal power collapsed in 1954 when he accused the Army of coddling known communists. Televised hearings of his investigation into the U.S. Army – The Army-McCarthy Hearings - let the American people see his bullying tactics and lack of credibility in full view for the first time, and he quickly lost support. The U.S. Senate censured him shortly thereafter and he died in 1957.
1952 - Top Hits
“Slowpoke” - Pee Wee King
“Cry” - Johnnie Ray
“Anytime” - Eddie Fisher
“Give Me More, More, More (Of Your Kisses)” – Lefty Frizzell
1957 - After nine weeks, Guy Mitchell's "Singing the Blues" is pushed out of Billboard's top spot by Elvis Presley's "Too Much".
1958 - A report by the American Research Bureau cites Dick Clark's American Bandstand as the top-ranked daytime television program, drawing an average of 8,400,000 viewers per day.
1959 - Lloyd Price reached number one on the Billboard Pop chart with "Stagger Lee", an up-dated version of an old Folk song called "Stack-O-Lee". Wilson Pickett would take the song to number 22 in 1967.
1960 - Top Hits
“Teen Angel” - Mark Dinning
“Where or When” - Dion & The Belmonts
“Handy Man” - Jimmy Jones
“He'll Have to Go” - Jim Reeves
1962 - Neil Sedaka records "Breaking Up Is Hard To Do," which will become his 5th US Top Ten hit and first number one by the following August. Neil's ballad version of the song would peak at number eight in February, 1976.
1963 - Ray Hildebrand and Jill Jackson, who were billed as Paul and Paula, had the top tune in the US with "Hey Paula."
1963 - Ruby and the Romantics' "Our Day Will Come" enters the pop charts
1963 - Birthday of country singer Travis Tritt, Marietta, GA.
1963 - The first Boeing 727 took off, becoming the world's most popular way to fly. Before production was stopped in 1984, 1,832 of the aircraft were built.
1964 - Arthur Ashe, Jr., becomes first African American on US Davis Cup Team.
1964 - The Beatles made their live US television debut on "The Ed Sullivan Show." "I Want to Hold Your Hand" could barely be heard over the screams from the audience, who were also treated to "All My Loving," "Till There Was You," "She Loves You" and "I Saw Her Standing There." There were 50,000 requests for the 725 available seats. The Beatles appeared on the show again a week later. Each program was watched by an estimated 70-million people, the highest rating at the time.
1968 - Top Hits
“Green Tambourine” - The Lemon Pipers
“Spooky” - Classics IV
“Love is Blue” - Paul Mauriat
“Skip a Rope” - Henson Cargill
1969 - The Boeing 747 took its first flight, ushering flew in the age of the jumbo jet. As manager of the Chamber of Commerce of San Bruno, “The Airport City,” we issued gold, silver, and copper coins to celebrate the event. They are considered collected items today.
1969 - Roslyn Kind quietly made her television debut on "The Ed Sullivan Show". Ed said she was "...America's teenager who wasn't protesting or playing a guitar." Although she only appeared once, her sister appeared many times. Roslyn Kind is Barbra Streisand's sister.
1969 - *PROM, WILLIAM R., Medal of Honor
Rank and organization: Lance Corporal, U.S. Marine Corps, Company 1, 3d Battalion, 3d Marines, 3d Marine Division (Rein), FMF. Place and date: Near An Hoa, Republic of Vietnam. 9 February 1969. Entered service at: Pittsburgh, Pa. Born: 17 November 1948, Pittsburgh, Pa. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty while serving as a machinegun squad leader with Company 1, in action against the enemy. While returning from a reconnaissance operation during Operation TAYLOR COMMON, 2 platoons of Company 1 came under an intense automatic weapons fire and grenade attack from a well concealed North Vietnamese Army force in fortified positions. The leading. element of the platoon was isolated and several marines were wounded. L/Cpl. Prom immediately assumed control of 1 of his machineguns and began to deliver return fire. Disregarding his safety he advanced to a position from which he could more effectively deliver covering fire while first aid was administered to the wounded men. Realizing that the enemy would have to be destroyed before the injured marines could be evacuated, L/Cpl. Prom again moved forward and delivered a heavy volume of fire with such accuracy that he was instrumental in routing the enemy, thus permitting his men to regroup and resume their march. Shortly thereafter, the platoon again came under heavy fire in which 1 man was critically wounded. Reacting instantly, L/Cpl. Prom moved forward to protect his injured comrade. Unable to continue his fire because of his severe wounds, he continued to advance to within a few yards to the enemy positions. There, standing in full view of the enemy, he accurately directed the fire of his support elements until he was mortally wounded. Inspired by his heroic actions, the marines launched an assault that destroyed the enemy. L/Cpl. Prom's indomitable courage, inspiring initiative and selfless devotion to duty upheld the highest traditions of the Marine Corps and the U.S. Naval Service. He gallantly gave his life for his country.
1970 - Sly and The Family Stone were awarded a gold record for the single, "Thank You (Falettinme Be Mice Elf Agin)." At the time, Sly (Sylvester) Stewart was a disc jockey in Oakland, California.
1971 - An earthquake measuring 6.6 struck the San Fernando Valley in California, killing 58 people. Property damage reached $900 million.
1971 - Satchel Paige becomes first Negro League player elected to the National Baseball Hall of Fame.
“Sometimes I feel like I will never stop
Just go forever
Till one fine morning
I'll reach up and grab me a handful of stars
and swing out my long lean leg
and whip three hot strikes burning down the heavens
and look over at God and say
How about that!”
— Samuel Allen, "To Satch"
http://www.negroleaguebaseball.com/history101.html
1976 - Top Hits
“50 Ways to Leave Your Lover” - Paul Simon
“Love to Love You Baby” - Donna Summer
“You Sexy Thing” - Hot Chocolate
“Sometimes” - Bill Anderson & Mary Lou Turner
1984 - Top Hits
“Karma Chameleon” - Culture Club
“Joanna” - Kool & The Gang
“Running with the Night” - Lionel Richie
“Show Her” - Ronnie Milsap
1987 - Just twenty years after the first woman was admitted to the New York Stock Exchange, the Exchange Luncheon Club decided to put in a women's rest room. Prior to this gracious offer, the women had to walk down a flight of stairs.
1987 - A storm off the Atlantic coast produced high winds and heavy snow in the northeastern U.S., with blizzard conditions in eastern Massachusetts. Wind gusted to 80 mph and 23.4 inches of snow produced drifts eight feet high at Cape Cod, MA. It was the worst blizzard in thirty years for the Cape Cod area. Winds in some of the mountains and ridges of the Appalachian Region gusted to 100 mph
1989 - A winter storm continued to bring rain and snow to southern California. Snowfall totals ranged up to 18 inches at Olancha, with three inches at Palmdale.
1990 - Thunderstorms developing ahead of a cold front erupted over eastern Texas late in the morning, and produced severe weather as they swept across the southeastern states. Early evening thunderstorms spawned a tornado which injured one person at Nat, TX, and produced tennis balls size hail which caused more than half a million dollars damage around Shreveport, LA.
1992 - Three months after announcing his retirement from the NBA because he had been infected with HIV, Magic Johnson led the West to a 153-113 victory over the East in the 42d NBA All-Star Game. Magic was named All-Star Game MVP for the second time.
1997 - "The Simpsons" became the longest-running prime-time animated series. The record was previously held by "The Flintstones".
2000 - The Reds sent four players to the Seattle Mariners and agree to a contract extension to obtain Seattle's superstar Ken Griffey, Jr. Junior's nine-year $116.5 million contract is the richest package in history, but in the current market is considered quite a bargain.
2001 - After 13 months of negotiations, Derek Jeter and the Yankees finalized a $189 million, 10-year contract. The deal makes the All-Star shortstop second only to Alex Rodriguez ($252 million/10 years) as highest-paid player in the history of the sport.
2009 – The Yankees’ Alex Rodriguez finally admitted that he took banned substances.
2010 - Former Beatles drummer Ringo Starr became the 2,401st person to be added to the Hollywood Walk of Fame during a ceremony that marked the 50th anniversary of the attraction's groundbreaking. The Beatles as a group were given a star in 1998.
2012 – As a cost-saving measure during bankruptcy, Eastman Kodak Co. reported that they will no longer make digital cameras, pocket video cameras, or digital pictures.
2012 – Defense Department produced new guidelines that remove restrictions on the use of women in combat.
2014 – Scientists from Australian National University observed the oldest star in the universe for the first time. The star, 6,000 light years from Earth, served as a fingerprint of the first stars of the universe and is believed to be 13.7 billion years old.
2016 – In the US Presidential New Hampshire Primary: Republican Donald Trump wins with 35% to John Kasich (16%). Democrat Bernie Sanders trounced Hillary Clinton 60% to 38%.
2020 – The 92d Academy Awards: “Parasite” became the first non-English film to win Best Picture; Best Director went to Bong Joon-ho; Best Actor, Joaquin Phoenix; Best Actress, Renee Zellweger.
2020 – The impeachment trial of President Trump began in the Senate.
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