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FUNDING MANAGER: Seeking a very organized, detail oriented Funding Manager with experience in discounting consumer
and commercial auto loans and leases.
Top salary. Send resume via email to ekaye@advantagefunding.us
or fax to 718 392 5427.
About the Company: Advantage Funding is the leader in automotive and equipment lease financing, Long Island City, NY.
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Friday, February 24, 2006
Tenley Albright, American figure skater who contracted polio at age 11, but won the U.S. figure skating championship in 1952 and the silver medal in the 1952 Olympics. In 1956, she became the first American woman to win the Olympic gold medal in figure skating.
Headlines---
Winners All--—Winter Olympics Figure Skating
Classified Ads---Collector/Controller/Contract Admin
Mesa Financial Services joins “Broker/Lessor” list
“Don't Shoot The Dog!” - by Steve Chriest
Cartoon---“Not Guilty” puppy
Leasing Association Conferences --- Spring 2006
Will the FDIC shut Wal-Mart down?
Classified Ads—Help Wanted
IFC "Small Ticket" Leader 25 years
Who is John Estok?---
Patrica
Widmar
Highland Park Lease Finance Group
Jeffrey K. Ray De Lage Landen Public Finance
Sterling Financial Executive Team re-Alignment
LEAF Financial Moves to New Location-Hooray!!!
News Briefs---
You May have Missed---
"Gimme that Wine"
Calendar Day Events
Today's Top Event in History
This Day in American History
Winter Poem
######## surrounding the article denotes it is a “press release”
Winners All—Winter Olympics Figure Skating
Congratulations to all our USA athletes in the Winter Olympics.
Sasha Cohen, Silver, Women Figure Skating, Silver
6th Place winner Kimmie Meissne
7th Place, Emily Hughes
Full figure skating Olympic story:
http://www.usatoday.com/sports/olympics/torino/figureskating/
2006-02-23-womens-figure-skating_x.htm
Classified Ads---Collector/Controller/Contract Administrator
Less than two weeks before the 1956 Winter Olympics in Cortina, Italy, Albright fell after hitting a rut in the ice while practicing. Her left skate cut so deeply into her right ankle that it slashed a vein and scraped bone. Her father flew to Italy and did some emergency repair work. Skating beautifully despite the pain, Albright became the first American woman to win the figure skating gold medal, getting first-place votes from ten of the eleven judges.*
Collector
Boston, MA.
Challenging position where my skills, professional experience, organization, leadership, strategic thinking, creativity, energy, passion, competitive nature will enable me to define opportunities and personal development.
Email: bernd.janet@verizon.net
Jacksonville, East Brunswick, FL.
13 years experience with collection, recovery,re-marketing and legal on commercial loans and leases. Expertise with distressed portfolios, Six Sigma trained. Willing to relocate.
Email: RichardB12364@aol.com
Wellington, FL
4+ years experience in credit/collections, 7 of which were with a large equipment leasing company as a manager. Also 3rd party collection experience.
Email: michaelgalan@adelphia.net
Controller
Seattle , WA
CPA w/ Sarbanes Oxley/ 15 years management exp. as CFO/ Controller/5 yrs w/ PWC Extensive exp providing accounting/ tax guidance for the equipment lease industry. Willing to relocate.
Email: bltushin@hotmail.com
RESUME
Controller: Southeastern, MI.
Controller & Management experience w/ equip lessors &broker. MBA, CPA w/ extensive accounting, management, securitization experience with public and private companies. Willing to relocate.
Email: Leasebusiness@aol.com
Uniondale, NY
I have a strong multifaceted background in all areas of lease accounting combining my years as a Controller of leasing companies and as Vice-President of Leasing for a NY Bank.
Email: awinitt@hotmail.com
Contract Administrator
New York, NY.
10+ years in equipment leasing/secured lending. Skilled in management & training, documentation, policy and procedure development & implementation, portfolio reporting. Strong work ethic.
Email: dln1031@nyc.rr.com
Portland, OR.
6+ years small ticket leasing/financing. Documentation/funding Policy development &implementation, management &training, process mapping, customer service, broker, vendor, portfolio experience.
Email: susanc777@hotmail.com
For a full listing of all “job wanted” ads, please go to:
http://64.125.68.91/AL/LeasingNews/JobPostings.htm
To place a free “job wanted” ad, please go to:
http://64.125.68.91/AL/LeasingNews/PostingForm.asp
*Albright in 1953 became the first American woman to win the world championship in figure skating. She also won the U. S. and North American titles that year to become the first ever triple crown winner.
A few months later, she entered Radcliffe College as a pre-med major. Her practice sessions were now scheduled from 4 to 6 a.m. Then she had her college classes, study, and homework, as well as ballet lessons. Early in 1955, she took a leave of absence from college to win her second world championship.
"If you don't fall down, you aren't trying hard enough," a quote the press picked up after she fell, two weeks later--- still bothered by the ankle injury, she finished second to another American, Carol Heiss, in the world championships.
Despite her grueling schedule, she graduated from Radcliffe at twenty-one, after just three years of undergraduate work, and began her studies at Harvard Medical School, one of only six women in a class of 130 students. Today she is a surgeon, pioneering new techniques for the detection and treatment of cancer. Dr. Albright is based in Boston and is a member of the Board of Regents of the National Library of Medicine. She is also a member of the U.S. Olympic Committee executive committee, the American College of Sports Medicine, the President's Council on Physical Fitness and Sport, and the American Cancer Society's board of directors. She has also been inducted into the U.S. Figure Skating Association's Hall of Fame.
[headlines]
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Mesa Financial Services joins “Broker/Lessor” list
Third Column: YES - Year Company Started | YELB - Years in equipment Leasing Business
A - City Business License | B- State License | C - Certified Leasing Professional |
D - State(s) sales/use tax license |
E - Named as "lessor" on 50% or more of lease contract signed. |
Rank |
Name
City, State
Contact
Website
Leasing Association |
YCS
YELB
(see above for meaning) |
# of Empl. |
Geographic Area |
Minimum
Dollar
Amount |
Service Organization |
|
|
|
D |
|
84. |
|
1988
25+ |
3 |
Rocky Mountain Region
/National |
$50,000 |
N/R |
N |
N |
N |
Y |
N |
To view the full list, please go here:
http://leasingnews.org/Brokers/broker_Lessor.htm
[headlines]
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Don't Shoot The Dog!
by Steve Chriest
Valuable insights for managers can sometimes be found in the most unlikely places. For example, Karen Pryor has written a book, “Don't Shoot The Dog!” Although the book is loaded with information about training animals, it's really about training anyone, whether human or animal, to do anything that can and should be done. This little book contains some of the most valuable information and insights I've ever read about managing people.
Ms. Pryor talks a great deal about the principles of reinforcement training. Here is the pearl for managers: Using positive and negative reinforcers is the best way to change behavior. What managers may find most surprising is her contention that positive reinforcers are better at changing behavior than are rewards.
A reinforcer is something that when occurring in conjunction with an act tends to increase the probability that the act will occur again. There are positive and negative reinforcers. Sincere praise is a positive reinforcer, and is something most humans seek. A disapproving look from a manager is a negative reinforcer, and most employees will seek ways to change whatever behavior caused the disapproving glance from the manager.
When managers aren't getting the results they want they often resort to punishment as their favorite behavior modification tool. Many may not have learned first hand that spanking the dog, yelling at an employee, levying a fine or docking a paycheck as punishment is not only a clumsy way of modifying behavior, but that it doesn't often work!
The author tells us that the major problem with punishment is the fact that when it doesn't work we tend to escalate the punishment in hopes of better results. For example, let's say that your sales team members aren't making enough cold calls. As a manager you could demand that they report to the office every Friday afternoon at 5 p.m. and write on the whiteboard five hundred times, “I promise to make more cold calls.” If that doesn't work you could escalate the punishment by lowering their commission payouts. Still no results? You could again escalate the punishment by suspending them for a week, without pay. When none of this works, the question managers should ask is, “where will the escalation of punishment end?”
If you want an introduction to the most up-to-date principles underlying all training, and tips on how to apply these principles in your business, I highly recommend “Don't Shoot the Dog.” It may forever change your views on modifying behavior in the workplace.
Copyright © 2006 Selling Up TM . All Rights Reserved.
About the author: Steve Chriest is the founder of Selling Up TM (www.selling-up.com), a sales consulting firm specializing in sales improvement for organizations of all types and sizes in a variety of industries. He is also the author of Selling Up , The Proven System for Reaching and Selling Senior Executives. You can reach Steve at schriest@selling-up.com .
The book is available at Amazon.com for $10.20
http://www.amazon.com/gp/product/0553380397/qid=1140393628/sr=1-1/ref=
sr_1_1/002-5217827-1679236?s=books&v=glance&n=283155
[headlines]
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Cartoon---“Not Guilty” puppy
[headlines]
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Leasing Association Conferences --- Spring 2006
Eastern Association of Equipment Lessors
March 26-29
Spring Conference
Hilton Marco Island Beach Resort
Marco Island, FL.
Great Learning Opportunities
Sessions:
- Changing Credit Dynamics: Credit Scoring and Fraud Prevention
- Making Money in Today's Low-Margin Environment
- Executive Marketing Track: How to Build Your Business
- What's My Next Step? Risks, Rewards, and Responsibility
- Legal Workshop -- State Tax Laws and How They Affect Lease Transactions
Networking Opportunities:
- Golf at Hammack Bay Golf & Country Club
- Spring baseball: Minnesota Twins vs. Tampa Bay Devil Rays
- Opening Reception
- Peer Group Discussions
Beach and Water Fun:
- Eco-tour: Take waverunners to the Everglades to see dolphins and manatees
- Schooner team-building competition
- Evening reception/clam bake with beach activities
Registration details to be announced soon -- watch for more information!
The Eastern Association of Equipment Lessors (EAEL) is a non-profit trade association serving its members in the equipment leasing industry. The association is governed by an elected Board of Directors with various committees that administer to its overall operation. Member firms are committed to a philosophy of professionalism and integrity and subscribe to a Code of Ethical Standards as an expression of this commitment.
To register and leasrn more about the conference:
http://www.eael.org/doc/SpringConference2006.pdf
www.eael.org
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National Association of Equipment Leasing Brokers
April 20-22
2006 Annual Conference
Hilton Minneapolis
Minneapolis, MN
www.naelb.org
Guest Speakers
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Dr. Barry Roberts will captivate your attention with the story of obstacles that he has overcome. If you ever feel that you need some inspiration in order to keep focus in your business, Dr. Roberts' presentation will surely provide it. After hearing his fascinating life story, from the horrible car crash that caused him to lose his right arm to becoming the captain of the sheriff's department, you will Never Lose Focus when business reveals obstacles again. |
Dr. Roberts will keep your focus while helping you in the day-to-day operations of your business. Learn about this incredible man and his exceptional motivation to overcome what life has thrown at him.
Attend Dr. Roberts' Opening General Session, Never Lose Focus! On Friday, April 21 at 8:00 a.m. |
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Debbie Allen's focus on marketing through her motivating presentation will keep you entertained and informed. She will show you how to stop wasting thousands of dollars on ineffective marketing. Discover dozens of highly effective, low-cost marketing strategies that are easy to implement and create FAST results every time. Debbie is the author of four books, including her award winning, Confessions of Shameless Self Promoters tm now published in five countries. |
Debbie's expertise has been featured in numerous publications, including the Who's Who of Experts, Entrepreneur, Selling Power, Sales & Marketing Excellence and Franchising Magazine . She now addresses over 75 organizations and more than 100,000 business people each year, sharing her insightful success strategies and secrets to marketing success.
Attend Debbie's Keynote Presentation, Proven Sales & Marketing Strategies that Guarantee Shameless Success!, during lunch on Friday, April 21 at Noon. |
If you missed these informative classes in 2005
be sure to sign up for them in 2006!
Advantage 2.0 & alaQuote Training
Thursday, April 20, 9:00 a.m.- 12:00 p.m. and 1:00 p.m. ? 4:00 p.m.
Jim Buckles will be training on the following aspects of the Advantage 2.0 and alaQuote Training:
- On-line lease calculator
- Quote letter
- Application submittal tool
- Contact management
- Deal tracking
- Document processing
- Electronic file storage
**Please RSVP by calling (866) 352- 8665 or by emailing jim@pbs4u.com
CLP Review: An Inch Wide and a Mile Deep
Thursday, April 20, 9:00 a.m. ? 5:00 p.m.
In conjunction with the NAELB, the CLP Foundation is pleased to be able to present this program to attendees of the 2006 Annual Conference in Minneapolis .
An in depth review of four of the toughest subjects in Equipment Leasing:
- Lease Classification and Terminology
- Math of Leasing
- Leasing Law, Documentation & Collections
- Accounting for Leases
EARLY BIRD Registration Deadline: March 15, 2006
HOTEL Registration Deadline: March 22, 2006
Register on line at:
http://www.naelb.org/cde.cfm?event=120803
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Equipment Leasing Association
April 23-25
Large Ticket Conference
Hyatt Regency Grand Cypress
Orlando, FL
www.elaonline.com
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Association for Governmental Leasing & Finance
May 4-5
25th Annual Spring Conference
Omni Hotel Chicago
Chicago, Illinois
Room Rate $199.00
www.aglf.org
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At the conference, Leasing News will be presenting Paul Menzel, CLP, with the "Leasing News Person of the Year for 2005" award . Editor/Publisher Christopher "Kit" Menkin and many of the Leasing News Advisory Board will be on hand for the presentation; to salute Paul for the over 30 years he has contributed to the leasing profession.
"We hope to see you there."
Kit Menkin
United Association of Equipment Leasing
May 4-7
Spring Conference
Laguna Cliffs Mariott
Hotel and Spa
Dana Point, California
The featured speakers for the UAEL Spring conference are:
Our Opening General Session is presented by Greg Winston who will address the subject of “Creating Unshakeable Luck”
|
Mr. Winston is one of the few speakers guaranteed to receive a standing ovation with his interactive motivational speech “Creating Unshakeable Luck.” In his early years, Greg began a sales career with the Xerox Corporation and became one of their leading sales professionals. At one point in his career year-to-date sales figures were 10 times more than the average sales representative's. |
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Our Friday Luncheon speaker will be California assemblyman Roger Niello. Mr. Niello will speak on legislation pertinent to the equipment leasing industry. |
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Assemblyman Roger Niello represents the 5 th district in the California State Assembly. He attended UC Berkeley for his undergraduate studies and completed his graduate studies at UCLA. Roger worked as a C ertified P ublic A ccountant until joining his family's business at Niello Auto Group, where he spent the next 25 years running retail automobile dealerships with his family partners. Roger was elected to the Sacramento County Board of Supervisors in a special election in February of 1999. |
Please register online at www.uael.org or contact Kim at kim@uael.org or 760-564-2227 with any questions regarding the conference. Also, register online for golf at the beautiful Talega Golf Club to be held Thursday morning May 4, 2006.
Register:
http://www.uael.org/events/conferences/slc/register.asp
or download form in PDF
http://www.uael.org/events/conferences/slc/RealFinalSpringApp.pdf
www.uael.org
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National Vehicle Leasing Association
June 7-10
Annual Conference and Exposition
Gaylord Texan Resort & Convention Center
Grapevine, Texas
www.nvla.org
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Equipment Leasing Association
45th Annual Convention
October 22-24
JW Marriott Desert Springs Resort & Spa
Palm Desert, CA
www.elaonline.org
[headlines]
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Will the FDIC shut Wal-Mart down?
by Christopher Menkin
Wednesday Leasing News wrote about the growing controversy about whether Wal-Mart would be joining the other 35 Industrial Loan Companies (ILC) located in Utah, which should be of interest as they have a “rental” and small “lease-to-own” program.
http://www.leasingnews.org/archives/February%202006/02-22-06.htm
New York U.S. Senator Hilliary Clinton requested a hearing be held on the issue as all industrial state banks are supervised and insured by the Federal Deposit Insurance Corporation (FDIC.)The U.S. corporation insuring deposits in the U.S. against bank failure. The FDIC was created in 1933 to maintain public confidence and encourage stability in the financial system through the promotion of sound banking practices. The FDIC will insure deposits of up to US$100,000 per institution as long as the bank is a member firm.
Wal-Mart applied for insurance on July 19, 2005, through its Wal-Mart Bank, the proposed Industrial Loan Company, to be headquartered in Salt Lake City, Utah. The major concern being question is not regarding credit cards, or "rentals" or even "leasing," but opening branch offices. Wal-Mart says that is not its direction or intent, but the major banks that have opened offices in retail stores, including grocery stores, believe that it is Wal-Mart's long range plan to put them out of business in the retail story sector (the company says it is not, that it is competing with Target, and other retailers, such as Fry's Electronics, who utilize a credit card system through their "ILC."
The FDIC will hold hearings in Washington on April 10 and 11, from 9 a.m. to 5:30 p.m. Eastern Time each day. Another hearing, to be held in Kansas City, Mo., will be April 25 and 26, from 9:00 a.m. to 5:30 p.m. Central Time.
The FDIC states it is interested "...in obtaining the views of the general public, the financial services industry and other industry trade groups, public interest groups, state financial institution supervisors, other state authorities, and any other interested parties."
Wal-Mart has said it wants to process its own credit and debit applications by opening an industrial bank. Last fall, in reaction to criticism of the plan, the company pledged not to expand into branch banking, but lawmakers are questioning whether the federal government can permanently restrict the retailer from doing so.
Lawmakers and banks are concerned that Wal-Mart, with its size and unparalleled financial strength, could eventually open retail bank branches. Next may be a leasing company (look out GE Capital—Hold it, GE Capital supposedly slowing down small ticket leasing leaving market to Marlin, Microfinancial and IFC…maybe Wal-Mart knows what it is doing: Wal-Market Leasing—lowest leasing price!!!)
[headlines]
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Classified Ads—Help Wanted
Account Executive
|
Account Executive
Seeking an assertive, goal-oriented, profit-motivated Account Executive with sales experience in the equipment finance industry for Irvine , California headquarters. Unlimited earning potential - competitive salary with bonus and commission. Send resumes to llewis@calfirstlease.com or log on to www.calfirstjobs.com/apply_now.htm to apply for position.
|
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Financial Analyst
|
Financial Analyst – Irvine, CA
Calfirst Leasing Corporation is looking for experienced individual with a commercial credit analysis background. This opportunity affords a competitive salary plus great medical and 401k benefits. If you have a minimum of 2 years commercial credit analysis background, please send us your resume to learn more about this exciting opportunity. Send resumes to bbumblis@cfnbc.com.
|
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Funding Manager
|
|
FUNDING MANAGER: Seeking a very organized, detail oriented Funding Manager with experience in discounting consumer
and commercial auto loans and leases.
Top salary. Send resume via email to ekaye@advantagefunding.us
or fax to 718 392 5427.
About the Company: Advantage Funding is the leader in automotive and equipment lease financing, Long Island City, NY.
|
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Independent Regional Sales Manager
|
Independent
Reg. Sales Managers:
Philadelphia, Baltimore, Washington, D.C., Florida, Georgia. Other positions available nationally. Vehicle & Equipment Funder.
Earnings potential is unlimited. Two years outside leasing/finance sales, proven track closing deals. Est. customer base/vendors a plus. Click here for more info.
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Lease Representatives
 |
Seeking Lease Representatives
in Baltimore, Atlanta,
Charlotte or Raleigh.
In these positions, you will develop and maintain relationships with lease brokers, leasing companies, equipment vendors and direct lessees throughout the Region. Must be knowledgeable in indirect/third party transactions ranging from $15K and up and have the necessary in-market experience. Please apply on-line at www.mandtbank.com.
At M&T Bank, we provide an exciting and challenging work environment where performance and innovative thinking are encouraged and rewarded at every level. With over 700 branches, your career can travel as far as you want to take it!
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Sales Manager
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Sales Manager – Irvine, CA
We're looking for a detail oriented, profit driven Sales Manager with 10 years experience in sales and/or management in the middle ticket equipment finance/leasing industry. Great opportunity for huge earnings potential as we offer a competitive salary with bonus and commission. Send resumes to llewis@calfirstlease.com .
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[headlines]
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[headlines]
### Press Release ###########################
FirstCorp Celebrates First Quarter-Century as Leader in Small Ticket Leasing
MORTON GROVE, Illinois, The FirstCorp Division of IFC Credit Corporation yesterday announced the celebration of its twenty-fifth year in business. IFC Credit acquired the FirstCorp trademark when it bought First Portland Corporation in 2003, according to John Estok, president of IFC Credit's Small Ticket Group.
“Twenty-five years is indeed a lifetime in the leasing industry, and we're proud to have contributed to the ongoing success and longevity of a name like FirstCorp during this time period,” says Estok. IFC Credit is marketing its small-ticket business under the FirstCorp name today, according to Estok, and this business represents about 70% of IFC Credit's business volume activity.
FirstCorp traces its roots to the 1981 founding of First Portland Corporation in Portland, Oregon, where that company started writing small ticket and vendor leases. Founding partners Len Ludwig and Arthur Levinson focused First Portland Corporation almost exclusively on small-ticket vendor leasing and soon gained a strong reputation within the small-ticket leasing arena. After 15 years and recognizing that the name First Portland Corporation was being viewed increasingly as tied just to Portland, Oregon, the company registered its trademark FirstCorp in 1995. In 2003, First Portland Corporation was sold to IFC Credit Corporation, and IFC Credit has since continued to position its small ticket business under the FirstCorp brand.
According to IFC Credit President and CEO Rudolph Trebels, FirstCorp's focus on small-ticket funding was a perfect match for IFC Credit, which had long focused on small to mid-market leasing and vendor leasing.
“When we acquired FirstCorp, we knew the company would be a good fit. I think when we put the two together, we were able to make one plus one equal three.” According to Trebels, the FirstCorp brand was widely recognized as a leader in the small-ticket arena, and IFC Credit recognized that it could fully utilize that strong reputation while allowing the company to continue to grow within the IFC Credit family. Trebels notes that a $75 million conduit credit facility combined with IFC's other credit facilities provided additional funding advantages for the combined companies.
“There's a strong synergy inherent between small ticket and middle market. IFC Credit was actively involved in both, while FirstCorp was recognized just in the small ticket market. When you combine the two, they help one another,” explains Trebels.
According to Estok, small ticket transactions today account for approximately 70% of the business volume activity of IFC Credit, and of the 115 employees of IFC Credit, approximately 100 of them directly support the small-ticket business of the company. “That's definitely our main focus at IFC Credit.” Estok adds, “We're on a track to grow our business by 20% to 25% per year. Historically, the small ticket business has been a pretty vibrant one.”
About FirstCorp
FirstCorp, a division of IFC Credit Corporation, is a Morton Grove, Illinois-based capital equipment leasing firm dedicated to providing superior, innovative financial services to small and medium-size businesses throughout the United States. IFC's services are offered on a direct basis to middle market businesses and indirectly through its FirstCorp vendor services group and its third-party funding services unit, Pioneer Capital Corporation.
[headlines]
### Press Release ###########################
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Who is John Estok?---
by Christopher Menkin
Leasing News requested a photograph, but was told IFC Credit did not have one. In the past, when we make such requests and they are not forthcoming, we go to our “archives:”
John Estok in court, Dallas, Texas
IFC has been on a buying spree the last few years including Blue Dot Funding, Pioneer, First Portland, plus receiving good marks from its line where it has allegedly $9 million in NorVergence leases ( and reportedly another $3 million in investor programs), plus recently announced renewal of its $75 million revolving credit facility with Autobahn Funding Company, LLC, an asset-backed commercial paper conduit sponsored by DZ Bank AG Deutsche Zentral-Genossenschaftsbank.
The press release above basically says business couldn't be any better, and much of the success seems to be attributed to Mr. Estok, CLP, who reportedly expanded First Portland and is doing the same for IFC Credit in the “small ticket marketplace.”
Who is he?
First, he is a Certified Leasing Professional. He is one of 174 who passed the exam and has kept his certification current. This is a considered a prestigious designation in the leasing industry.
While is title on e-mail and other documents is “Executive Vice-President”, IFC Credit Corporation, Morton Grove, Illinois, the IFC web site and in the above press release, he is listed as "President, Small Ticket Group. Perhaps he is both, executive VP of the corporation and president of the “division.”
According to the biography on the web site, Mr. Estok, CLP, began in the leasing industry in 1972. It is assumed in Canada, although the time to 1985 is not stated. The biography notes he was president from 1984 to 1986 of the Equipment Lessors Association of Canada. He most likely served on the board prior to that. The California Finance and Leasing Association notes on its web site they were “...Established in September 1993 through the merger of the Canadian Automotive Leasing Association and the Equipment Lessors Association of Canada, with an initial membership of sixty-one.”
The IFC Credit web site notes Mr. Estok, CLP, from 1985-1991, was executive vice president of Norex Leasing, Burlington, Canada .
1991-1995, President and CEO of Industrial Leasing Corporation of Portland, Oregon. 1995-96,Executive Vice President and COO of Hitachi Credit Canada Inc., in Mississauga, Canada.
The press release above states, “After 15 years and recognizing that the name First Portland Corporation was being viewed increasingly as tied just to Portland, Oregon, the company registered its trademark FirstCorp in 1995. In 2003, First Portland Corporation was sold to IFC Credit Corporation, and IFC Credit has since continued to position its small ticket business under the FirstCorp brand.”
The IFC Credit web site notes Mr. Estok in 1996, “... moved from his native Canada to join FIRSTCORP dba First Portland Corporation,” when it appears the company then gained national prominence in the small ticket market, according to the IFC Credit press release. February, the company had completed its acquisition of First Portland
The Fall, 2003 IFC Credit Newsletter noted that John Estok had “…relocated to Morton Grove to lead IFC's operations, credit, collections, and IT staff.”
He has recently made the Leasing News editions due primarily to the NorVergence lease mess. The Federal Trade Commission is looking further into the events, particularly after the results:
“IFC's Lift Stay Motion (an attempt to obtain another 256 NorVergence Equipment Lease Agreements with a face value of approximately $15 Million on which they claimed that they obtained a security assignment from NorVergence and filed their UCC-1 on June 15, 2004), the Affidavit of John Estok in support of IFC's lift stay motion (where he acknowledges that the "matrix" boxes probably have no value without service included - which is why IFC did not seek to foreclose on the collateral "matrix" boxes, only the ERAs)
Recently there are questions regarding whether perjury was committed in a case involving NorVergence leases in Texas.
“The real issue with IFC's holdbacks is the filing of affidavits which lied about the amounts paid for the assignments. IFC filed affidavits in two different lawsuits which alleged that the entire assignment amount was paid, as opposed to the amounts which John Estok recently admitted in a deposition and in trial testimony to have been the amounts actually paid due to the holdbacks. The affidavit testimony was, therefore, perjury.”
Mr. Estok, CLP, on February 14 th asked “..48 hours to determine our response.” In all fairness, Rudoph Trebels wrote Leasing News it was not his company's policy to comment on matters in litigation, and perhaps that is why not response is forthcoming.
It appears Leasing News readers will have to wait for court transcripts, as they are public documents or the final out come of these contested matters.
[headlines]
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[headlines]
### Press Release ###########################
Patrica
Widmar
joins Highland Park Lease Finance Group
Randy Green, President and CEO of First Bank of Highland Park, Highland Park, IL, is pleased to announce the appointment of Patricia A. Widmar to Vice President of the Lease Finance Group. In her new capacity, Pat will be focusing her efforts on new business development which will include lease discounting, warehouse lines, and syndication purchases. Pat brings a wealth of experience and knowledge to this position and will be located on the Northbrook, IL facility which houses the Lease Finance Group.
Prior to joining FBHP, Pat was employed by park National Bank (f/k/a Pullman Bank & Trust) as an Assistant Vice President of the Lease Finance Group where she was involved in both operations and business development for nine years. Prior to that, she was employed by Key Bank in the Commercial Lending area for twenty-five years. Pat attended Indiana University at South Bend, IN. Currently, Pat may be reached at 847-562-1095 or pwidmar@firstbankhp.com
First Bank of Highland Park is a Chicago based bank with more that twenty years of experience in lease financing and discounting. FBHP provides a full range of financial services and products to the equipment leasing industry with a significant portfolio of investment grade and non-rated credits.
Contact:
Paul E. Zediker
Executive Vice President
Office: 847-562-1090
pzediker@firstbankhp.com
[headlines]
### Press Release ###########################
De Lage Landen Public Finance adds SVP for Sales Region
WAYNE, Pa., De Lage Landen Public Finance announced the addition of Jeffrey K. Ray as Senior Vice President. Robert Neptune, President of the Public Finance sector adds, “Jeff Ray brings a tremendous amount of knowledge and experience in the Public Finance market and we are excited to have him join our team.”
Ray will be responsible for the sales and marketing throughout the U.S. with emphasis in the Central Region. Formerly with Koch Financial Corporation, Ray comes to De Lage Landen with 23 years of broad-based experience in the leasing and finance industry.
De Lage Landen Public Finance LLC offers equipment, real estate and project financing for state and local governments as well as for federal agencies.
De Lage Landen International B.V.
De Lage Landen is a Netherlands based international provider of high-quality asset finance and vendor finance programs. The global offering also includes an array of commercial finance solutions. With a presence in more than 20 countries throughout Europe, the Americas and Asia Pacific the company focuses on the following industries: Food & Agriculture, Healthcare, Office Equipment, Telecommunications, Technology Finance, Materials Handling & Construction Equipment and Financial Institutions. In its domestic market the company offers Equipment Leasing, Car & Commercial Vehicle Leasing, ICT Leasing, Consumer Finance and Trade Finance through local Rabobanks but also direct to market.
De Lage Landen is a wholly owned subsidiary of the Dutch Rabobank Group that is AAA-rated by Moody's and Standard & Poors. Over 2004 De Lage Landen grew its net profit to $ 174 million and its balance sheet total to $ 20 billion.
For more information, please visit our website: www.delagelanden.com
[headlines]
### Press Release ###########################
Sterling Financial Corporation of Lancaster, Pa., Announces
New Alignment of Executive Team
LANCASTER, Pa., -- Sterling Financial Corporation guides its actions based on three key strategies centered around its customers, its people, and its shareholders. It is a company focused on revenue generation and growth through its banking services and financial services groups. Today, J. Roger Moyer, Jr., president and chief executive officer of Sterling, announced an organizational structure change that further aligns the leadership team with the strategies of the corporation.
"Leadership structures work best when they are aligned with the corporation's strategies. With the impending retirement of Tom Dautrich, our chief banking officer, we knew some shifting was needed. As we looked into 2006 and beyond, I felt that this new structure would allow our company to execute more effectively on our initiatives," said Moyer. "As of today we are creating a new role of chief revenue officer, which will be held by J. Bradley Scovill. This role will be responsible for leading the revenue side of our business across the Sterling organization."
"Sterling has always been a revenue-driven organization, so this focus on revenue is not new," said Moyer. "However, in an increasingly competitive and complex environment, it is vital that our affiliated businesses interact flawlessly for the benefit of our customers. Ultimately, this is what drives revenue for our shareholders, and this is why we are creating this new structure."
Comprising the enhanced revenue team and reporting to the chief revenue officer are the chief banking officer, the financial services group leader, and the three executive leaders of Sterling's key customer segments. Sterling announced that Thomas J. Sposito II will be filling the position of chief banking officer, and Beverly Wise Hill will be filling the position of financial services group leader, vacated by Brad Scovill.
Scovill has held several executive positions within Sterling, including financial services group leader, chief financial officer and president of Sterling affiliate Bank of Hanover. He holds a bachelor's degree from Penn State University. Prior to his new appointment, Sposito was president of Sterling affiliate Pennsylvania State Bank. He began his financial services career with Meridian Bank and holds an MBA from Lebanon Valley College and a bachelor's degree from Penn State. Prior to her new appointment, Wise Hill was business services segment leader and president of Sterling affiliate Professional Services Group. She holds both bachelor's and master's degrees from Penn State University.
As part of this realignment of leadership, Sterling announced that Tom Dautrich, chief banking officer, would be transitioning into a new role as part of his planned retirement, focusing on leading specific key initiatives and increasing his direct customer contact. "It has always been my desire to reserve some time after my 'career years' to do other things while I'm in a position to do so," said Dautrich. "This new role will allow me to downshift a bit while helping Sterling create value for our customers in a way that is rewarding for all of us."
According to Moyer, "Tom has been a crucial part of Sterling's leadership team over the past seven years, leading many of our most important initiatives and businesses during that period. We knew this was coming - Tom has always been open about his plan to retire early and to enjoy more of what life has to offer. I'm particularly pleased that he will continue to work with our leadership team on some key initiatives over the coming months as he eases into retirement mode."
[headlines]
### Press Release ###########################
LEAF Financial Corporation Has Moved Offices to a New Location
Philadelphia, PA – – LEAF Financial Corporation announced today that it has recently moved its headquarters to 1818 Market Street, 9th Floor, Philadelphia, PA 19103. The transition to the new offices has allowed LEAF to better integrate all of its departments and to accommodate its recent increase in staff due to business growth. The move provides LEAF's team members a 30,000 square foot state of the art work environment which allows for improved efficiency and is consistent with LEAF's corporate goal to continually provide exceptional value to its customers.
Crit DeMent, Chairman and CEO of LEAF, said “We have chosen to relocate our corporate offices into a space that not only accommodates the tremendous growth that we have experienced in the last two years, but one that also reflects the energy and professionalism that we strive to promote as part of our corporate philosophy.”
LEAF Financial Corporation is a commercial leasing company headquartered in Philadelphia, PA. LEAF is a wholly owned subsidiary of Resource America Inc. (NASDAQ:REXI). LEAF's business model is to originate small ticket equipment leases by reaching the small to mid sized business market by forming strategic marketing alliances and other program relationships with equipment vendors, commercial banks and other financial institutions.
[headlines]
### Press Release ###########################
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News Briefs----
Survey: New bankruptcy law isn't working
http://www.usatoday.com/money/perfi/credit/2006-02-22-bankruptcy-survey_x.htm
Growth in Families' Wealth Falls (Except for those with net worth above $328,500.)
House Values Jump, but Borrowing Holds Down Net Worth
http://www.washingtonpost.com/wp-dyn/content/article/2006/02/23/AR2006022300799.html
http://www.usatoday.com/money/economy/income/2006-02-23-fed-incomes_x.htm
Prices up again, but not pay
http://www.signonsandiego.com/news/business/20060223-9999-1b23sdecon.html
Wynn Resorts loses $11.4 million in 4Q
http://hosted.ap.org/dynamic/stories/E/EARNS_WYNN_RESORTS?SITE=
CADIU&SECTION=HOME&TEMPLATE=DEFAULT
Radio Shack to close up to 700 stores
http://biz.yahoo.com/bizj/060217/1230622.html?.v=2
Nordstrom quarterly earnings up 36 percent, but outlook underwhelms
http://seattletimes.nwsource.com/html/businesstechnology/
2002824701_webnordstrom23.html
Split decision for area 'Idol' contestants
http://www.sacticket.com/tv_radio/story/14221724p-15047356c.html
http://www.accessatlanta.com/blogs/content/shared-blogs/accessatlanta/
idol/entries/2006/02/23/223_kinnik_pari.html
A longer day for Woods but the same result
http://www.usatoday.com/sports/golf/pga/2006-02-23-match-play_x.htm
[headlines]
---------------------------------------------------------------
You May Have Missed
Dog Behavior: “My Dog is the worst.”
http://www.nytimes.com/2006/02/23/fashion/thursdaystyles/23dogs.html?incamp=article_popular_1
[headlines]
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“Gimme that Wine”
Rioja, Serene Above the Trendy Fray—Eric Asimov
http://www.nytimes.com/2006/02/22/dining/22wine.html?pagewanted=all
Missouri Bar squeezed first juice out of 'Best of Missouri"
http://www.stltoday.com/stltoday/business/stories.nsf/story/
246FB969D430019C8625711F0017ACE7?OpenDocument
Elegance in a glass
Aged for decades, Cognac ends a meal with style
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2006/02/23/WIGMIHAKNA1.DTL
www.winezap.com
http://www.wine-searcher.com/
If you want to know if you got a value for your wine, or what the wine price is today, go to www.winezap.com Type in the vintage (year) and name of the producer with wine type or geographic area, such as 1995 Chateau Lynch Bages Pauillac. Even 1995 Lynch Bages will work, or 1999 Viader
[headlines]
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Calendar Events This Day
Eggnog Day
Haddassh Anniversary
Twelve members of the Daughters of Zion Study Circle met at New York City under the leadership of Henrietta Stoid. A constitution was drafted to expand the study group into a national organization called Hadassah (Hebrew for “myrtle,” and the biblical name of Queen Esther) to foster Jewish education in America and to create public health nursing and nurses training in Palestine. Hadassah is now the largest women's volunteer organization in the US with 1,500 chapters rooted in health care delivery, education and vocational training, children's villages and services and land reclamation in Israel.
Mexico Flag Day
El Dia de la Bandera. National holiday in Mexico to honor the Mexican flag, which was created in 1821 after Mexico achieved independence.
Texas Cowboy Poetry Gathering
Cowboys from Texas and neighboring states gather for poetry readings and music. www.coboy-poetry.org
[headlines]
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Today's Top Event in History
1955-Steven Jobs birthday, co-founder of Apple Computer company, born Los Altos, CA. Jobs, the controversial co-founder of Apple Computer, started out selling his friend Stephen Wozniak's computers door-to-door at electronic hobbyist shops. By 1979, Apple Computer had become the fastest growing company in history, worth more than $1 billion. That year, Jobs led a team of several Apple developers, working on a new project called Lisa, on a visit to Xerox Palo Alto Research Center, where the team saw the Alto, an early computer with a graphical user interface using icons, a mouse, and built-in networking capacity. Both the Lisa and the Macintosh adopted key elements of the Alto. Jobs, whose impulsive personal style irritated some of Apple's key managers, was forced to leave Apple in 1985. He formed NeXT Inc., became president of Pixar animation studios, and returned to Apple in 1997 as acting president. He turned both ventures into giant money making companies, winning awards, dominating the music market with the iPod.
[headlines]
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This Day in American History
1803- Supreme Court first rules a law unconstitutional (Marbury vs Madison) This 1803 decision marked the first time the United States Supreme Court declared a federal law unconstitutional. Chief Justice John Marshall wrote the opinion for the court. He held that it was the duty of the judicial branch to determine what the law is. His opinion established the power of judicial review—that is, the court's authority to declare laws unconstitutional
http://www.stanley2002.org/marbury.htm
http://www.jmu.edu/madison/marbury/background.htm
1811-Bishop Daniel Alexander Payne, sixth Bishop of the African Methodist Episcopal (A.M.E.) Church and a founder of Ohio's Wilberforce University, was born to free black parents in Charleston, South Carolina. Named for English abolitionist Lord William Wilberforce, Wilberforce University in Xenia, Ohio, was the first black-owned college in the United States. Payne was named the university's president in 1863, becoming the nation's first black college president.
http://www.amecnet.org/payne.htm
http://docsouth.unc.edu/church/payne70/frontis.html
1836-Home Winslow Birthday; American artist born at Boston, MA. Noted for the realism of his work, from the Civil war reportage to the highly regarded rugged outdoor scenes of hunting and fishing. Died at his home at Prout's Neck, ME, Sept. 29, 1920.
http://www.artchive.com/artchive/H/homer.html
1836-Texan Colonel William Travis sends a desperate plea for help for the besieged defenders of the Alamo, San Antonio, Texas, sending the message with the famous last words, "Victory or Death." On March 6, the Alamo , where 182 Texans were garrisoned was captured by the Mexican leader Gen. Antonio Lopez de Santa Anna, who had led over 3000 troops across the Rio Grande. Every Texan except a mother, a child, and a servant was killed. “Remember the Alamo” became a battle cry that brought Texans and friends from neighboring states together that eventually formed the Republic of Texas. The movie in the 1950's “Davey Crockett,” would bring the event to worldwide attention as he died in the Alamo along with Colonel Travis, making the “Bowie” knife and coonskin cap famous ( as a point of history, Crockett never wore a coonskin cap. He was a former legislator and well-educated man for his time, not a hick or country bumpkin as the role Fess Parker made famous. )
1852 -the Susquehanna River ice bridge at Havre de Grace, Maryland began to break up after 40 days of use. A total of 1738 loaded freight cars were hauled along the rails laid on the ice.
1857- Los Angeles Vineyard Society organized by two men in San Francisco named Charles Kohler and James Frohling, who were looking for an area to establish a vineyard colony. Kohler and Frohling, with a group of German immigrants, formed the Los Angeles Vineyard Society on February 24, 1857. George Hansen, a Los Angeles surveyor, was selected to find an ideal site for their planned community. He found it on the Rancho San Juan Cajon de Santa Ana, which was then in Los Angeles County. Plans were formed for the new town, which was named "Anaheim," but known to their Spanish-speaking neighbors as "Campo Aleman." Although the first settlers arrived in town in 1859, it was not until 1870 that the city was first organized as a municipality.
http://www.anaheim.net/depts_servc/police/history/intro.htm
1860 -- Printer Daniel Berkeley Updike born, Providence, Rhode Island. (founder of Merrymount Press) he influences the world of typography with his two-volume Printing Types — Their History, Forms & Use.
http://www.oakknoll.com/pressrel/types.html
1863-Arizona becomes its own territory.
http://memory.loc.gov/ammem/today/feb24.html
1864- Battle of Tunnel Hill GA (Buzzard's Roost). This started as a skirmish on February 22 but grew into a battle that lasted until February 25
http://bachelorsgrove.com/archive/obituaries/info/jamfuller/stories/index4.html
http://www.northga.net/whitfield/tunnel.html
http://roadsidegeorgia.com/city/tunnelhill.html
http://www.ganet.org/civilwar/georgia.html#anchor221032
1867-Impeach President Andrew Johnson: In a showdown over reconstruction policy following the Civil War, the House of Representatives voted to impeach President Andrew Johnson. During the two years following the end of the war, the Republican-controlled Congress had sought to severely punish the South. Congress passed the Reconstruction Act that divided the South into five military districts headed by officers who were to take their orders from General Grant, the head of the army, instead of from President Johnson. In addition, Congress passed the Tenure of Office Act, which required Senate approval before Johnson could remove any official whose appointment was originally approved by the Senate. Johnson vetoed this act but the veto was overridden by Congress. To test the constitutionality of the act, Johnson dismissed Secretary of War Edwin Stanton, triggering the impeachment vote. While Johnson was not pro civil rights, he was pro South ( in fact, one of his last acts of office in December was to pardon Jefferson Davis, who was on trial for treason) . Stanton was very much anti-South and harbored many ill feelings, basically because of his blundering of military assignments to “society” generals. .On Mar 5,1868, the Senate convened as a court to hear the charges against the President. The Senate vote of 35—19 fell one vote short of the two-thirds majority needed for impeachment. Thus the South became Dixie Democrats until modern times. The 1868 presidential election was close, with Ulysses S. Grant's popular majority a scant 306,000 out of 5,7175,000 votes, although the electoral vote was 214 to Republican Horatio Seymour. The black vote, which totaled over 700,000, decided the election for Grant. In 1872, Grant beat Republican Candidate Horace Greely 3,597,132 to 2,384,124 for Greely; electoral votes 286 to 66. History changed and the Democratic Dixiecrat destroyed reconstruction and controlled the house with an inside deal to give. The election had been thrown back to congress before, such as the one between Aaron Burr and Thomas Jefferson. This was the first time the nation faced a dispute over the results of a presidential election. A candidate needed 185 electoral votes to win and Samuel J. Tilden the Democratic candidate, clearly had 184. In dispute were the 19 electoral votes of three states till under carpetbag rule---Florida, Louisiana, and South Carolina---plus one vote in Oregon. In Congress both parties agreed on January 29, 1877 to establish an electoral commission to decide the issue. The commission, with five members from each house of Congress, and five members from the Supreme Court, was made up of eight Republicans and seven Democrats. All the commission's decisions were to fall along party lines. On March 2, Congress accepted the commission's decision, which awarded all the disputed votes to the Republican candidate , Rutherford B. Hayes, who thus received 185 electoral votes to Tilden's 184. The Republicans were accused of offering southern Democrats economic favors for their region if they supported Hayes's claim. In any event, the new president showed a conciliatory attitude toward the South: all the programs in place that had elected blacks to office, given them property and protection were removed, and the last federal troops were withdrawn and there was no further effort to protect the rights of blacks. Reconstruction was over.
1868- 1st US parade with floats (Mardi Gras-Mobile AL)
http://www.fabuloustravel.com/usa/mardigras/almardigras.html
http://www.geocities.com/BourbonStreet/6483/mg1.html
http://www.mglinks.com/mg101.htm
http://www.mglinks.com/
1891 -The term "honky tonk" introduced, appearing in an Oklahoma paper, The Daily Ardorite, which reports "the honk-a-tonk last night was well attended." The word is most likely a Creole derivative, but could not find a definitive source. “Honkey” or "Honkie" might be its original source or a “spin-off.”
http://mmd.foxtail.com/Archives/Digests/199703/1997.03.05.06.html
http://phrases.shu.ac.uk/bulletin_board/13/messages/216.html
1895- Cuban war of independence begins.
http://www.rose-hulman.edu/~delacova/1895/chronology.htm
http://www.autentico.org/oa09313.html
http://www.historyofcuba.com/cuba.htm
1897- Emile Berliner took out a Canadian patent on his gramophone talking machine. Manufacturing facilities were set up in Montreal. Berliner had built a crude model of his machine ten years earlier at his home laboratory in Washington, DC, and he applied for a US patent on it on September 26th, 1887. Today the terms "gramophone" and "phonograph" mean the same thing. But in Berliner's day this was not so. "Gramophone" referred to a talking machine employing lateral-cut discs, while the phonograph, invented by Thomas Edison, used vertical-cut cylinders. Berliner's discs eventually made Edison's cylinders obsolete. Berliner also invented the microphone, which we still use today.
http://www.invention.org/electronic-music/berliner.html
1905 -the temperature at Valley Head, Alabama fell to 18 degrees below zero. This was the coldest temperature ever recorded in Alabama until January 30, 1966 when it reached -27 at New Market.
1909-The Hudson Motor Car Company, founded by Joseph Hudson, in Detroit, Michigan, was incorporated. Hudson is perhaps most famous for its impact on NASCAR racing, which it accomplished thanks to a revolutionary design innovation.
1910-Arranger/Pianist Clyde Hart born Baltimore, MD, died March,1945
http://www.centrohd.com/biogra/h1/clyde_hart_b.htm
(Ben Webster talks about Clyde Hart:
http://www.jazzprofessional.com/interviews/BenWebster.htm
http://www.umkc.edu/lib/spec-col/ww2/1939/jive_txt.htm
(CD had Clyde Hart All-stars with Charlie Parker and Dizzy Gillespie)
http://www.geocities.com/ladenso1/RBird/RepliestoKLONBird3_2_.html
Una Mae Carlise Orchestra
http://www.welwyn11.freeserve.co.uk/LY_smallgps.htm
1912-Hadassah: Twelve members of the Daughters of Zion Study Circle met at New York City under the leadership of Nerietta Szoid. A constitution was drafted to expand the study group into a national organization called Hadassah (Hebrew for “myrtle” ) and the biblical name of Queen Esther) to foster Jewish education in America and to create public health nursing and nurses training in Palestine. Hadassah is now the largest women's volunteer organization in the US with 1,500 chapters rooted in health care delivery, education and vocational training, children's villages and services and land reclamation in Israel.
1912 -- Labor activist Elizabeth Gurley Flynn heads "Bread & Roses" Lawrence Textile Strike of 20,000 women in Lawrence, Massachusetts. Police attack 150 children & their parents at the town railroad station. Many strikers are sending their kids to safe homes with friendly families in other cities. The exodus has generated so much publicity that Lawrence authorities have resolved to crush it. Today they force 35 women & their children into patrol wagons. After charging the women with neglect & handing jail sentences & fines to the organizers, the town fathers send 10 of the kids to the Lawrence poor farm. This prompts only more publicity, forcing Congress to investigate the strike. Sixteen children will testify, describing the poverty that led them to leave school & take jobs in the mill. The American Woolen Company will have no choice but to yield to the strikers' demands.
http://www.geocities.com/CapitolHill/5202/rebelgirl.html
http://www.hartford-hwp.com/archives/45b/index-a.html
1921-Abe Vigoda birthday, actor ( “Barney Miller,” “Fish.”), born New York, NY.
http://www.zxcproductions.com/web/Abe/abe.html
http://www.tvland.com/shows/barneymiller/actor1.jhtml
http://movies.yahoo.com/shop?d=hc&id=1800022099&cf=biog&intl=us
1927-West Coast bassist Ralph Pena born Jarbridge, NV. He played with Pete Jolly and was also popular at the Lighthouse in Hermosa Beach, California, where we saw him play often with many jazz groups. Died, 1969.
http://www.artistdirect.com/music/artist/bio/0,,478135,00.html?artist=Ralph+Pena
1928 -- In its first show to feature a Black artist, the New Gallery of New York exhibits works of Archibald Motley.
1932-composer Michel Legrand born Paris, France
http://us.imdb.com/Name?Legrand,+Michel
http://www.amazon.com/exec/obidos/ASIN/B00005YW0W/inktomi-musicasin-20/
102-1682336-8966565
1933-Tenor Sax David “Fathead” Newman Birthday
http://www.davidfatheadnewman.com/
http://www.interneted.com/Reviewpages/newmandaviddaveyblue.htm
http://www.utdallas.edu/dept/ah/fathead/david_fathead.htm
http://www.amazon.com/exec/obidos/ASIN/B00000333E/avsearch-df1-9-20/
102-1682336-8966565
1933-Tenor Sax David “Fathead” Newman Birthday
http://www.davidfatheadnewman.com/
http://www.interneted.com/Reviewpages/newmandaviddaveyblue.htm
http://www.utdallas.edu/dept/ah/fathead/david_fathead.htm
http://www.amazon.com/exec/obidos/ASIN/B00000333E/avsearch-df1-9-20/
102-1682336-8966565
1936 - Vermont and New Hampshire received brown snow due to dust from storms in the Great Plains Region. A muddy rain fell across parts of northern New York State. (24th-25th) (David Ludlum) (The Weather Channel)
1940 - On Decca Records, Frances Langford recorded "When You Wish Upon a Star" during a session held in Los Angeles, California. Many artists have recorded that particular song, including Linda Ronstadt with the Nelson Riddle Orchestra in the early 1980s. The song can also be heard in the opening credits of any Disney movie, video or television program.
1941- '60s pop singer Joanie Sommers birthday.
http://www.grillecloth.com/sommers/sommers.html
http://www.homestead.com/joaniesommers/
1942- Harry James records “Trumpet Blues( and Cantabile)-Col. 36549
1942 -- The Army, mistaking a weather balloon that strayed over Los Angeles for a Japanese bomber, unleashes a saturation antiaircraft barrage. Three civilians are trampled to death in the attending panic, and dozens more injured by falling shrapnel. The Japanese later in the war deployed large balloons with bombs, most landed in Oregon and Northern California, causing damage, but was kept out of the news, and the Japanese thinking they were not effective, ended the program. The press was told not to print any stories as if the Japanesse learned how effective and inexpensive it was for them to release balloons with bombs in the jet stream, it may have destroyed many cities on the West Coast.
1943 - The Human Comedy, a novel written by William Saroyan, was published on this date in New York.
http://www.housecollectibles.com/highschool/catalog/display.pperl?0440339332
http://www.cilicia.com/armo22_william_saroyan_3.html
1943 - George Harrison Birthday: (Rock 'n' Roll Hall of Famer, former Beatle: My Sweet Lord, Isn't It a Pity, What is Life?, All Those Years Ago, Concert for Bangla-Desh; actor: A Hard Day's Night, Help!, The Beatles, Magical Mystery Tour, Yellow Submarine, Let It Be, The Concert for Bangladesh, Shanghai Surprise, You Can't Do That! The Making of ‘A Hard Day's Night'; Harrison believed for most of his life his birthday was Feb 25 but a family birth record has his birth at near 11:50 p.m. Feb 24; died Nov 29, 2001)
1944 --"Merrill's Marauders" hit Burma The Marauders' mission began with a 1,000-mile walk through dense jungle, without artillery support, into Burma. On February 24, 1944, they began their Burmese campaign, which, when done, consisted of five major and 30 minor engagements with a far more numerous Japanese enemy. They had to carry their supplies on their backs and on pack mules, and were resupplied only with airdrops in the middle of the jungle. Merrill's Marauders succeeded in maneuvering behind Japanese forces to cause the disruptions necessary to throw the enemy into confusion. They were so successful, the Marauders managed even to capture the Myitkyina Airfield in northern Burma.
1947-Bass player Bob Magnusson born New York City, NY,
http://www.theiceberg.com/artist/24649/bob_magnusson/
http://www.emusic.com/cd/10600/10600220.html?fref=148694
1949-First rocket to reach outer space was a two-stage rocked consisting of a Wac Corporal set in the nose of a captured German V-2. It was fired from the White Sands Proving Ground, NM, by a team of scientists under Dr. Wernher von Braun. It reached an altitude of 250 miles.
1951—Top Hits
If - Perry Como
My Heart Cries for You - Guy Mitchell
Tennessee Waltz - Patti Page
There's Been a Change in Me - Eddy Arnold
1955-Steven Jobs birthday, co-founder of Apple Computer company, born Los Altos, CA. Jobs, the controversial co-founder of Apple Computer, started out selling his friend Stephen Wozniak's computers door-to-door at electronic hobbyist shops. By 1979, Apple Computer had become the fastest growing company in history, worth more than $1 billion. That year, Jobs led a team of several Apple developers, working on a new project called Lisa, on a visit to Xerox Palo Alto Research Center, where the team saw the Alto, an early computer with a graphical user interface using icons, a mouse, and built-in networking capacity. Both the Lisa and the Macintosh adopted key elements of the Alto. Jobs, whose impulsive personal style irritated some of Apple's key managers, was forced to leave Apple in 1985. He formed NeXT Inc., became president of Pixar animation studios, and returned to Apple in 1997 as acting president. He turned both ventures into giant money making companies, winning awards, dominating the music market with the iPod.
1956- Need an adult to dance in Cleveland: Now the home of the Rock and Roll Hall of Fame, invoked a 1931 law barring people under 18 from dancing publicly without an adult guardian.
1959---Top Hits
Stagger Lee - Lloyd Price
Donna - Ritchie Valens
The All American Boy - Bill Parsons
Don't Take Your Guns to Town - Johnny Cash
1967---Top Hits
Kind of a Drag - The Buckinghams
Love is Here and Now You're Gone - The Supremes
The Beat Goes On - Sonny & Cher
Where Does the Good Times Go - Buck Owens
1969- Johnny Cash recorded his second live prison performance, this one at San Quentin, Marin County, California. It followed a concert the previous year at Folsom Prison. The LP "Johnny Cash at San Quentin" topped the Billboard pop and country charts. It also contained the hit single "A Boy Named Sue."
http://www.canoe.ca/JamAlbumsC/cash_johnny_sanquentin.html
1970- Quarterback Jeff Garcia birthday, born Gilroy, CA.
1971--Janis Joplin's "Pearl" goes gold.
1972-Birthday Manon Rheaume - The first woman to play in a professional hockey game. MR was goaltender when Canada won the 1992 and '94, world championships as a member of Canada's women's national team and was MVP of both tournaments. In 1986 she goaled the national team to the Olympic silver. " In 1992, Rheaume made sports history by appearing in an NHL exhibition game for the Tampa Bay Lightning, thus becoming the first female to play in a major professional sport. She continued her pro hockey career with various men's minor league teams but in 1995, she turned to professional roller hockey playing for the New Jersey Rock 'n Rollers." Small for her position, she is 5' 6" with a playing weight of 130 lbs.
1973 - Roberta Flack's “Killing Me Softly With His Song” jumped to Number 1 on Billboard's hit record charts, and remained there for 5 weeks. It was rumored that the subject of her song was folk singer Don McLean. Actually it was not, as the original singer was “inspired” by the song and got the songwriter to make a few changes, but it was Roberta Flack who heard the song and decided she wanted to also record it.
http://www.superseventies.com/1973_9singles.html
1975---Top Hits
Pick Up the Pieces - AWB
Best of My Love - The Eagles
Some Kind of Wonderful - Grand Funk
I Care - Tom T. Hall
1976- the Eagles "Greatest Hits" became the first LP in the US to be certified platinum - two-million copies sold.
1979-The Jefferson Starship releases the greatest hits LP "Gold" which eventually makes the top-20 on Billboard's LP chart.
1980—Hockey Teams Wins Gold: Two days after defeating the Soviet Union 4-3, the US hockey team won the gold medal at the XIIIth Winter Olympic Games by beating Finland, 4-2.
1981-School Headmistress and Socialite Jean Harris is convicted of murdering "The Scarsdale Diet" doctor, Herman Tarnower. Harris and Tarnower had been a couple since they met in 1966. However, Tarnower was a notorious womanizer who never followed through on his vague promises to marry the 56-year-old Harris. In the late 1970s, Harris discovered that Tarnower was having an affair with a younger woman. Nonetheless, she assisted him in writing and editing The Complete Scarsdale Medical Diet, which became a surprise sensation, earning Tarnower wealth and fame. Harris later claimed that she went there with suicidal intentions. However, the fact that Tarnower was shot four times seemed to belie her defense. Rather than maintain that she had killed in the heat of the moment, which would have dealt a manslaughter conviction, Harris insisted that the shooting was an accident. Her gamble (or insistence on principle) failed when the jury convicted her of murder and gave her a life sentence. Harris was a model prisoner who used every opportunity to bring attention to the plight of women prisoners. She wrote the well- received “They Always Call Us Ladies” in 1988, and finally won parole in 1993.
1981 -Boston Celtics begin 18 NBA game win streak
http://www.pataky.net/NBAFinals.asp
http://sporting.oneofakindantiques.com/2085_boston_celtics_basketball_from
_1980_to_1981_4.htm
http://members.tripod.com/opey3/celtics.html
1982-Wayne Gretzky, 21-year-old center for the Edmonton Oilers, scored his 77 th goal of the season against the Buffalo Sabres to break Phil Esposito's single-season goal-scoring record. With Esposite, who had scored 76 goals in the 1970-71 season, in attendance, Gretzky stole the puck and broke a 3-3 tie with seven minutes to play. He added two more goals in the game's final two minutes and finished the season with 92 goals.
1982-The 1981 Grammy Award winners are announced. Kim Carnes wins Record and Song of the Year with "Bette Davis Eyes," while John Lennon and Yoko Ono win Album of the Year with "Double Fantasy."
1983 – Dow Jones average for the first time closed above the 1100 mark, after the stock market moved 24.87 points to close at 1121.81. In 1972, the 1100 plateau had been reached, but a rally could not keep the benchmark high at that point until the end of the trading day.
1983---Top Hits
Baby, Come to Me - Patti Austin with James Ingram
Shame on the Moon - Bob Seger & The Silver Bullet Band
Stray Cat Strut - Stray Cats
Faking Love - T.G. Sheppard & Karen Brooks
1985 - Quarterback Doug Flutie played his first professional game, leading the New Jersey Generals against Birmingham, to a 38-28 loss. The former Boston College star had a rough start in his USFL debut, but completed 12 of 18 passes in the game's fourth quarter. I bring this up as he is my double cousin on my mother's side ( son of my mother's sister's son.)
http://www.dougflutiejrfoundation.org/
http://members.aol.com/Argonuter/
1985 - Yul Brynner reprised his "The King and I" role, setting an all-time box office weekly receipt record when the show took in $520,920.
1987-Not a Welk Tune: A spokeswoman for bandleader Lawrence Welk said some Welk fans who bought his "Polka Party" compact disc ended up with the punk rock soundtrack to the movie "Sid and Nancy." The Welk Enterprises office in Los Angeles fielded several telephone calls from upset fans. The CD's apparently were mislabeled at the factory in Japan.
1987 - The Los Angeles Lakers' Kareem Abdul-Jabbar, got his first three-point shot. At this date, the leading scorer in NBA history had reached 36,000 points, but until now, Kareem never scored over two at a time.
1987-The 1986 Grammys are awarded: Paul Simon's "Graceland" wins Best Album; Steve Winwood's "Higher Love" wins Best Record and Bruce Hornsby and the Range win Best New Artist.
1987-the massive winter storm continued to pound the western US In southern California, Big Bear was blanketed with 17 inches of snow and Lake Hughes reported 4 inches in one hour. Snow pellets whitened coastal areas of Orange and San Diego counties with 3 inches falling at Huntington Beach. Thunderstorms producing hail and waterspouts also occurred. In Colorado, Purgatory was buried under 62 inches of snow over a 4 day period and Colorado Springs had 14.8 inches in 24 hours to set a 24 hour snowfall record for February.
1988 - Strong winds produced snow squalls in the Great Lakes Region which created "white-out" conditions in eastern Upper Michigan. Squalls produced up to 14 inches of snow in Geauga County of northeastern Ohio.
1988-Matt Nykanen of Finland, having already finished first in the 70-and 90-meter ski jumping events, won an unprecedented third gold medal in Nordic skiing when the Finnish team won the new 90-meter team jumping competition.
1989-Jerry Jones Buys Dallas Cowboys: Jerry Jones announced the he had reached an agreement to buy the Dallas Cowboys from H.R. “Bum” Bright and that he had replaced Tom Landry, the only head coach in Dallas history, with University of Miami coach Jimmy Johnson.
1989 - A total of thirty-three cities in the eastern U.S. reported new record low temperatures for the date, and an Atlantic coast storm spread heavy snow from Georgia to southern New England. Snowfall totals in New Jersey ranged up to 24 inches in May County, with 19 inches reported at Atlantic City. Totals in North Carolina ranged up to 18 inches in Gates County, and winds along the coast of North Carolina gusted to 70 mph at Duck Pier. Strong winds gusting to 52 mph created blizzard conditions at Chatham MA.
1990 - Strong northerly winds prevailed from Illinois to the Southern and Central Appalachians. Winds gusted to 68 mph at Sewickley Heights PA. High winds caused considerable blowing and drifting of snow across northern and central Indiana through the day. Wind gusts to 47 mph and 6 to 8 inches of snow created white-out conditions around South Bend IN. Traffic accidents resulted in two deaths and 130 injuries. Sixty-five persons were injured in one accident along Interstate 69 in Huntington County. Wind gusts to 60 mph and 4 to 8 inches of snow created blizzard conditions in eastern and northern Ohio. (The National Weather Summary) (Storm Data)
1991 - In the Gulf War, the ground campaign began with an allied night attack. More than 14,000 Iraqis were captured in the first 24 hours of fighting. The Persian Gulf War, codenamed Operation Desert Storm, authorized by the U.N. and led by the U.S. began with an all-out air war against Iraq on January 15, 1991. Its objective was to drive Iraqi forces out of Kuwait, which Iraq had occupied since August 2, 1990. Ground action began February 24 and three days later President George Bush halted the fighting with Iraqi forces routed. Iraq agreed to destroy its facilities for making chemical, nuclear, and biological weapons, but stalled the actual carrying out of the relevant UN resolution American casualties were 146 dead and 467 wounded. Iraq set fires to all the oil wells, gutted the hospitals, stole jewelry, automobiles, anything they could carry or drive. Kuwait, Saudi Arabia, Syria, and Turkey, all US allies in the Persian Gulf War, wanted the US presence out of the area as soon as possible.
1991—Top Hits
All the Man that I Need - Whitney Houston
One More Try - Timmy -T-
Someday - Mariah Carey
Walk on Faith - Mike Reid
1992-- GM loses $4.45 billion: The greatest loss by a US company was suffered by the world's largest industrial company, General Motors Corporation, who announced they had a $4.45 billion loss for the year 1991.
1992-The U.S. Postal Service unveils 2 versions of its proposed Elvis stamp for fans to vote on. Eventually, the younger Elvis wins and is issued on January 8, 1993
1992 -as of 2:45 am CST, International Falls, Minnesota had recorded 29.5 inches of snow for the month with snow still falling. This set a new monthly snowfall record for February. The old record was 29.0 inches set back in 1911. A new record was also set for winter season snowfall (Dec-Feb) with 68.5 inches. The old record was 67.9 inches.
1993- British rock legend Eric Clapton, who had been virtually ignored in the Grammy Awards for most of his career, won six Grammys, including the music industry's three major awards - record, album and song of the year. Clapton was honored for his album "Unplugged," and the song "Tears in Heaven." Clapton wrote "Tears in Heaven" as a tribute to his infant son Conor, who died in 1991 when he fell out a window in Clapton's 53rd floor New York apartment.
1998 – Andrew Boccelli, already an international singing sensation, released his second album, Bocelli, by Sugar Music. The album achieved double- platinum in Italy, sextuple platinum in Belgium, and quadruple platinum in both Germany and the Netherlands. His single song "Con te Partiro" topped the charts for 6 weeks in France, earning a triple-gold sales award. In Belgium, it became the biggest hit of all time, with 12 weeks at the top.
1998 – Henny Youngman, legendary comedian, at age 91, died in Manhattan following a debilitating bout of flu. Youngman, often called "King of the One-Liners" was best known for his trademark "Take my wife, please!" Using that line since the 1930's, he continued after his beloved wife Sadie died in 1987.
http://www.iei.net/~liz/young.htm
http://www.comedycity.com/henny_youngman/
1999 - Radio shock jock Doug Tracht, known as "Greaseman", was suspended indefinitely and then ultimately fired for a race-related remark made on station WARW-FM in Washington, D.C. On that morning's radio show, Tracht had noted that the Grammy Awards ceremony were scheduled for that evening and played a portion of a song by Lauryn Hill, a young black hip-hop artist nominated for 10 Grammys. Then he commented, "No wonder people drag them behind trucks." The reference was to the torture and death in Texas of James Byrd, Jr., a black man decapitated while being dragged behind a pickup truck. John William King, a white supremacist, was convicted of murder the previous day in the case. Tracht faxed a one-paragraph statement: "I'm truly sorry for the pain and hurt I have caused with my unfeeling comment. I have no excuse for my remark, and regret it. If I could take it back I would. In the course of my show, split second judgment is made over ad-libs. This remark was a grave error in my judgment." A statement from the station announcing Tracht's firing apologized to listeners who were offended. "While we will always strongly support the right of our on-air artists to express a wide range of opinions, even those that are unpopular or offensive to some, WARW cannot be associated with the trivialization of an unspeakable act of violence," the statement read.
1999-- At the annual Grammy awards ceremony in the Los Angeles' Shrine Auditorium, hip- hop star Lauryn Hill broke a record for female artists, winning five Grammy Awards for her album, The Miseducation of Lauryn Hill. Hill's five wins in one night - album of the year, best new artist, female rhythm and blues vocal, R & B song for Doo Wop (That Thing), and R & B album - topped the four Grammys won by Carole King in 1971 for Tapestry.
2002- XIX winter Olympics closes in Salt Lake City UT/Québec City
http://www.utah.com/olympics/http://www.saltlake2002.com/
http://anythingkiss.tripod.com/xix_olympics.html
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Olympic Anthem
Immortal spirit of antiquity,
Father of the true, beautiful and good,
Descend, appear, shed over us thy light
Upon this ground and under this sky
Which has first witnessed thy unperishable fame.
Give life and animation to those noble games!
Throw wreaths of fadeless flowers to the victors
In the race and in strife!
Create in our breasts, hearts of steel!
Shine in a roseate hue and form a vast temple
To which all nations throng to adore thee,
Oh immortal spirit of antiquity.
[headlines]
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