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Independent, unbiased and fair news about the Leasing Industry
kitmenkin@leasingnews.org
   

 

National Business Development Manager
with minimum seven years experience and
current book of business. Strategically located throughout
US in various targeted industries.
Click Here for more info.

Western Equipment Finance, a subsidiary of Western State Bank
established in 1901, solicits originations throughout the US and
provides funding solutions for a wide range of industries

Monday, January 9, 2012



Today's Equipment Leasing Headlines

Reaction John Deane
  Leasing News Person of the Year 2011
   Classified Ads---Senior Manager
What to Expect in 2012
 by Christopher Menkin, Publisher
  Placard---New Mission Statement
Leasing 102 by Mr. Terry Winders, CLP
  “Lease Consultant” vs. “Broker” or “VP, Mid-markets”
    Career Crossroad—Should I update my resume?
     Classified Ads---Help Wanted
      Placard—The Lion and the Gazelle
   NEFA to Attract Brokers & CLP's to its March Conference
      Top Stories January, 4 - January, 6
        TruckLenders USA "In the News"
          Fleet Financing Resources $875K Alt. Fuel School Bus
            Stratham, New Hampshire Adopt-a-Dog
News Briefs---
PNC to lay off 600 in NC after RBC merger
 UK Schools Laptop lease 'scam could cost millions
    Bank files to foreclose in West Des Moines
Pearlman's victims may get payoff from banks
 Florida Ponzi Atty. implicates many others in $1.2B fraud
Changing the State of Evening TV News

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

Wells Fargo leapfrogs HSBC as largest Western bank
---Now Also Third Largest Bank in the World
      You May Have Missed
     12 Super foods to add to your Diet
      SparkPeople--Live Healthier and Longer
   Sports Briefs---
     Football Poem
      California Nuts Briefs---
        "Gimme that Wine"
   This Day in American History
     SuDoku
      Daily Puzzle
       GasBuddy
        Weather, USA or specific area
          Traffic Live----

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


 


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Reaction John Deane
Leasing News Person of the Year 2011


John C. Deane
CEO
The Alta Group


"Thank you for the kind words"

John
John C. Deane, Chief Executive Officer
The Alta Group

--

"Congratulations to John Deane our 2011 Leasing News Person of the Year!
This award is well deserved. It’s possible that John has earned this award
more than once during his years of dedicated service to our industry."

Ed Castagna
InPlace Auction

"John Deane is a great choice for 2011.”

Paul Frechette

"I met John in the early years of my career and he was truly a professional and a leader in our industry...I have followed his career and it has been very impressive. Very good choice."

Phil Dushey
Global Financial Services


"Excellent choice of LN Person of the Year. In John Deane’s case,
Leasing News is obviously recognizing Deane’s career body of work in our industry.
I have known John from my first days in leasing in the mid 70’s
when he was President of Nevada National Leasing, one of the early Bank lessors.

“Most people know John as the preeminent consultant to
our industry but his industry knowledge was honed in running Bank One Leasing
and contributing to the growth of our industry by the banking sector.

“John’s industry commitment and involvement
has always served as an inspiration to me in my career.
I do not know of anyone who has given as much back
to our leasing industry and stayed as passionate while doing so.

“Hopefully this recognition inspires others
to a renewed commitment to the great industry we are in."

Paul Menzel, CLP
President, Financial Pacific Leasing
(Also 2006 Leasing News Person of the Year)

"Congratulations John for your contributions to this industry.
You are a real pioneer."

Rosanne Wilson, CLP
1st Independent Leasing


Announcement:
http://leasingnews.org/archives/Jan2012/1_04.htm#2011_poy


Bookmark Leasing News




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Classified Ads---Senior Management


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

 

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

NY, NJ, PA, DE
Proven abilities in Client Management, Business Development, Operational Efficiency, and Asset Management. Results-oriented, develops strategies to build and strengthen business, improve customer experience.
cedenicola15@yahoo.comresume
Philadelphia, PA
27 yrs. exp. sales, ops., credit, strategy, P&L mngmet. Most recently created & executed the biz plans for 2 highly successful Bank-owned small ticket leasing subsidiaries. 
email: mccarthy2020@comcast.net
Southern CA
20 years exp. as hands-on leasing CFO, managing accounting, treasury, FP&A, including securitizations, Great Plains/FRx, budgets, risk management.  MBA.  Also available as interim Controller/CFO, consultant.
Email: leasecfo@gmail.com


Free Posting for those seeking employment in Leasing:
http://www.leasingnews.org/Classified/Jwanted/Jwanted-post.htm

All “free” categories “job wanted” ads:
http://www.leasingnews.org/Classified/Jwanted/Jwanted.htm


<

((Please Click on Bulletin Board to learn more information))
(Leasing News provides this ad “gratis” as a means
to help support the growth of Lease Police)

 

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What to Expect in 2012
by Christopher Menkin, Publisher


The prediction comes from the past. Leasing News is perhaps known best for its “The List” that began in 2000.

An offshoot was started in 2009 to originally note the "funders" getting out of "indirect marketing," meaning not working with brokers and/or accepting new brokers. It grew into companies who were no longer in business. It does not include mergers or acquisitions, which would make it a longer list.

It was not meant to supplement "the List" started in 2000,
still available at: http://www.leasingnews.org/list.htm

The trend continues to grow where independent, or as it is called, "indirect" business, is not accepted. Brokers for some reason have a very poor reputation. The latest is Puget Sound Leasing, now added to the list. Once built by brokers to the Secords, the entity now does not accept such business.

The three year thrust has been not favoring independents, but going after vendor direct as many bankers and captive lessors have referred to as "clean business." How this reputation was arrived at is more a "rumor" than a fact, as I tell bankers, vendors, distributors, manufacturers who both email and telephone, asking for a reference.

Many of the so-called funders are really "private label" non-recourse independents. Nothing wrong with that, but if you are a vendor, you want to know if you will get paid, do they have "Evergreen Clauses," "What is their reputation?," and it is not just the funders or captives, bur brokers who want to know as well as salesmen leaving a company and wanting to know if this is an "honest" company.

One trend I notice is more independent banks are getting into accepting leasing business, or setting up their own department, as evidenced not only by the telephone calls and emails, but registration for the news edition. The National Association of Equipment Leasing Brokers is aware of this and has an allegiance with the Independent Community Banks of America.

The Equipment Leasing and Finance Association is perhaps the best for independent banks to join with much information, support, and networking. While Leasing News has criticism regarding Evergreen clauses, the association is the leader in its field delivering not only information, but performing for its members. Leasing News has recommended to banks who have requested, they should join ELFA.

The trend continues toward cash advance, factoring, high payment a business loan, as well as insurance selling seems to attract former independents, who also have gone to work for "direct" funders. The move toward sellers of equipment going into leasing, meaning the opposite of salesmen leaving to go independent, but returning to the sellers in the leasing and finance department is still noticeable.

Not written about are companies like ATEL Capital, ICON, and the many others in this field, who have seen growth because banks have become timid due to increasing regulations. 2012 should be a very good year to attract investors.

This year will continue to see more independent banks entering the equipment leasing/finance field as it is a profitable product, especially with the low cost of funds and going rate of return. It also appears the trend continues for direct business, leaving those in the indirect business in a stronger position for their model.

2012 will be a good year for leasing and equipment financing. Now is the time to gear up for it.

 

Leasing Companies Out of Business
plus No Longer taking Broker/Discounting Business



Companies with an * are no longer in business. The others are companies that were taking broker business, but announced that they no longer are accepting broker business. Many have also down-sized or are managing an existing portfolio.

More details are available in this list by company name:

http://www.leasingnews.org/list_alpha_new.htm

*ABCO Leasing Inc., Bothell, WA
*ACC Capital, Midvale, Utah (lenders running off portfolio residuals)
Advantage Business Capital, Lake Oswego, Oregon
AEL Financial, Buffalo Grove, Illinois
(No longer taking new broker business) 
Alliance Financial, Syracuse, New York
*AMC Funding, Charlotte, North Carolina
American Bank Leasing, Alpharetta, Georgia
*American Equipment Finance, Warren, New Jersey
Balboa Capital, Irvine, Ca
Bankers Healthcare Group, Weston, FL.
*C and J Leasing Corp, Des Moines, Iowa
*Carlton Financial Corporation, Wayzata, Minnesota
*Chase Industries, Inc., Grand Rapids, Michigan
*Chesterfield Financial, Chesterfield, Missouri
CHG-MERIDIAN U.S. Finance, Ltd, Woodland Hills, CA
(Sales Management focuses very selectively on certain brokers.)
*Churchill Group/Churchill Leasing, Jericho, NY
CIT Group (limited)
Columbia Bank Leasing, Tacoma, WA
Commercial Equipment Lease, Eugene, Oregon 
Concord Financial Services, Long Beach, California
Court Square, Malvern, Pennsylvania
*Creative Capital Leasing Group, LLC, San Diego, CA
Direct Capital, Portsmouth, New Hampshire
Diversified Financial Service, Omaha, NE
Dolsen Leasing, Bellevue/Yakima, Washington
Equipment Finance Partners, a division of Altec, Birmingham, Alabama 
Evans National Leasing, Inc., Hamburg, NY
Enterprise Funding, Grand Rapids, Michigan 
*Excel Financial Leasing, Lubbock Texas
*First Corp.(IFC subsidiary), Morton Grove, Illinois
First Federal Financial Services, Inc., Menomonee Falls, Wisconsin
First Republic Bank, San Francisco, CA
Frontier Capital, Teaneck New Jersey 
*GCR Capital, Safety Harbor, Florida 
GE Capital, Conn (limited)
Global Funding LLC., Clearwater, FL
*Greystone, Burlington, MA
*Heritage Pacific Leasing, Fresno, CA
Hillcrest Bank Leasing, Overland Park, KS (Parent bank sold)
Huntington Equipment Finance, Vendor Finance Group, Bellevue, Washington
*IFC Credit Corp., Morton Grove, Illinois
Irwin Financial (Irwin Union Bank), Columbus, Indiana 
Irwin Union Bank, F.S.B. (Louisville, Kentucky)
Lakeland Bank, Montville, NJ
LaSalle Systems Leasing
*Latitude Equipment Leasing, Marlton, New Jersey
*Leaf Specialty Finance, Columbia, South Carolina
*LEAF Third Party Funding, Santa Barbara, Ca.
Lombard, part of Royal Bank of Scotland, worldwide
Marlin Business Services, Mount Laurel, NJ (accepting no new brokers, they may have opened for a select fee, but no more at this time, they say.)
M&T Credit (Bank)
*MericapCredit, Lisle, Illinois
Merrill Lynch Financial
Mesa Leasing, San Diego, CA
Midwest Leasing Group, Livonia, Minnesota
National City, Cleveland, Ohio
*Navigator (Pentech subsidiary) San Diego, California
OFC Capital, Roswell, Georgia
Old National Bank, Evansville, Illinois
Pentech Financial, Campbell, CA
*PFF Bancorp, Inc, Pomona, CA
Pinnacle Business Finance, Fife, Washington
*Pioneer Capital Corporation, Addison, Texas
PredictiFund, a subsidiary of Capital Access Network, Inc
Popular Finance, St. Louis, Missouri
Puget Sound Leasing, Seattle, Washington
Radiance-Capital, Tacoma, WA
Rational Technology Solutions, Rolling Meadows, IL
*Reliant National Finance, Jacksonville, Florida
Sandy Springs, Olney, MD
Sovereign Bank, Melville, New York
Specialty Funding, Albuquerque, NM
Sun Trust Equipment Finance & Leasing, Baltimore, Maryland 
*SunBridge Capital, Mission, Kansas
Suncoast Equipment Funding Corp., Tampa, Florida
TCF Equipment Finance, Minnetonka, Minnesota 
TechLease, Morgan Hill, California
Textron Financial
*Triad Leasing & Financial, Inc., Boise, Idaho
*Union Capital Partners, Midvale, Utah
US Bank, Manifest Funding, Marshall, Minnesota
(new requirement: large yearly funding) 
US Bank, Middle-Market, Portland, Oregon 
Velocity Financial Group, Rosemont, Illinois
VenCore, Portland, Oregon (former company Len Ludwig)
*Vision Capital, San Diego, California
Wachovia Bank Leasing
*Washington Mutual Financial
Western Bank, Devils Lake, ND
*Westover Financial, Inc., Santa Ana, California

(Note: Should a company policy have changed, please contact kitmenkin@leasingnews.org)

Funders looking for new Brokers:
http://www.leasingnews.org/Funders_Only/New_Broker.htm

"Broker/Lessor" looking for broker business:
http://www.leasingnews.org/Brokers/brokerlessor_bussiness.html

NAELB Broker Exchange
http://www.leasingnews.org/Pages/broker_exchange.html

 

Please send Leasing News to a colleague and ask them to subscribe.
We are free! No log-in requirements…

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Leasing 102
by Mr. Terry Winders, CLP



“Lease Consultant” vs. “Broker” or “VP, Mid-markets"

Last week's column centered on Congress not extending for 2012 the President Obama stimulus 100% bonus depreciation benefit (1), which results in a tax increase, affects the stimulus to acquire new equipment, and perhaps catches higher taxes in early disposal of equipment as per the IRS guidelines. The article, as does this, includes an abbreviated IRS tax guideline (2).

In the 1970’s until the middle 1980’s, those who made presentation to lessees were called “lease consultants.” Today they are either known as a “broker” or “vice-president, mid-markets” or “vice-president, transportation.” Few today call themselves “lease consultants” trained to understand financial statements, tax returns, and more important, “true leasing.” Accounting changes will not much change the directions of “capital leases” with bargain purchase options, but perhaps the “true lease” or “operating lease” may become as important. And to understand the fundamental, you must understand how depreciation benefits both the lessee, if they decide on a “capital lease,” or the lessor, if it is a “true lease.”

The document provided by the IRS for depreciation is sometimes hard to understand the first time you see it. Prior to 1981 Asset recovery “ADR”(depreciation benefits ) was tied as close to the actual term of use as a chart could be with short, medium, and long terms with many, many categories. Because of the poor economy in 1981, the Reagan administration introduced as stimulus called the “Accelerated Cost Recovery System” (ACRS) to shorten recovery periods to save tax payers money so they could invest it in new equipment. In addition they raised the Investment Tax Credit (ITC) to 10%. In 1986 Reagan obtained an overhaul of the income tax code, which eliminated many deductions such as credit card interest, business meal expenses, and exempted millions of people with low incomes. At the end of his administration, the Nation was enjoying its longest recorded period of peacetime prosperity without recession or depression.

The ACRS and ITC greatly accomplished improving the economy, however, by 1986 a huge deficit was created so Congress decided to modify the recover periods by doubling most of them. So since 1986 we have the MACRS form of depreciation. In Addition they created the alternative minimum corporate tax which lowered depreciation even more, and they decided to eliminate the ITC as Congress believed it was being abused in various tax shelters for wealthy individuals rather than business which it was aimed to provide a stimulus to acquire new equipment.

Today, if you want to offer a true lease, you will be the tax owner of the equipment. Therefore you must look at The IRS Table of Class lives and Recovery Periods to determine what your depreciation benefits will be. The form is confusing at first, so let’s review the headings to see their purpose.

I suggest opening “(2) IRS Depreciation Schedule (personal property).” In the attachment, go to the list of equipment after the charts. The first column is the asset class reported in a numerical fashion. 00.11 is the first class and the heading of the second column the description of the equipment and we find next to 00.11 office, furniture, and fixtures. You must read the definition completely to make sure you have this kind of equipment. In some cases the descriptions leave a lot to be desired. For instance looking for medical equipment you need to go to 57.0 Distributive Trades and Services where in the description you find “professional services”. Not really a clear presentation for medical equipment.

The first page from 00.11 to 00.4 are assets that are depreciated regardless of what use they are put. The second page and through the balance of the guide describe assets used in different industries and therefore the asset is depreciated based on that industry. A forklift is a good example. It can be used in many industries so you must look up the industry to determine its asset class life. You must also record the class life and report it to your tax preparers so they use the same classification.

The three columns on the right hand side of the page will tell you the term of depreciation. The most common is the center one market MACRS. However if the use of the equipment is for a non-profit then the first column class life in years is used on a straight basis. The third column called ADS is for the depreciation, if the alternative minimum tax is necessary and the depreciation benefits are reduced.

Determining the correct class life can be a problem so sometimes I suggest you call the lessee’s tax preparer or his accountant to determine which class life they have used in the past.

Once you have the correct Asset Class life and know the allowed term of depreciation, you can go to the depreciation rate for recovery period and see the percentage of the “fair value” of the equipment that is depreciated each year. The reason I say “fair value” is you cannot depreciate anything over the fair value and on occasion a vendor will increase the price to cover a loss on a trade in without telling you.

The term of depreciation has nothing to do with the term of your lease. Only the allowed percentage can be used as a deduction of your taxable income (lessee’s rent payments due and received in the current tax year. Your term of lease may be shorter or longer than the MACRS depreciation.

When a lease terminates early the undepreciated tax balance must be reconciled with the amount required to offset the accounting balance and usually there is a tax effect that must be considered to determine a correct investment return for the Lessor--- and if the tax is added to the sale price (early termination amount), you have just increased the tax because of the increased price to cover the tax, so you have increased the tax and so on and so on. You need a computer to figure the correct early termination sale price (stipulated loss value) to maintain the lessor’s yield.

To properly price a true lease you must have a computer based pricing program like Ivory Consulting’s “SuperTRUMP” so you can not only determine the correct rent payment but it will compute a stipulated loss value for each month of the lease. Some people believe that because the tax depreciation is part of the lessor’s return that the payments will always be cheaper. The truth is that short term leases usually have higher payments because the rent is so high and the depreciation is over a longer term. We say in these cases the Lessor takes on the “burden” of the depreciation, allowing the lessee to expense the rents over the term of the lease which is better for the lessee than MACRS depreciation.

Learning how to handle true lease pricing and payoffs requires the understanding of how capital recovery works and the use of the government forms. If you need help make sure you obtain it before jumping in to true leasing. By the way you cannot avoid recording the lease payments as income and trying to say that it was a financing. The tax rules work both ways and once a true lease is consummated, you are the tax owner of the equipment!

1) Accounting Web on Business Tax Credit
http://www.accountingweb.com/topic/tax/obama-wants-expand-extend-business-tax-credits

(2) IRS Depreciation Schedule (personal property)
http://leasingnews.org/PDF/IRS_Depreciation_Schedule.pdf

Last Week’s Column:
"Business Tax Increase for 2012 affects Leasing"
http://leasingnews.org/archives/Jan2012/1_04.htm#buss_tax

Mr. Terry Winders, CLP, has been a teacher, consultant, expert witness for the leasing industry for thirty-five years and can be reached at leaseconsulting@msn.com or 502-649-0448

He invites your questions and queries.

Previous #102 Columns:
http://www.leasingnews.org/Conscious-Top%20Stories/Leasing_102/Index.htm

(This ad is a “trade” for the writing of this column. Opinions
contained in the column are those of Mr. Terry Winders, CLP

 

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Career Crossroad—Should I update my resume?



Question: I am not looking for a new position – YET – but I think I need to update my resume – any suggestions?

Answer: First, for readers of my column, I will offer a discount to our resume service.

Reviewing / Updating / Revising your resume at the beginning of every year is a great idea! Making sure it is at your finger tips should an opportunity arise. Don’t forget timing is everything when applying for a position!

There are some individuals that have old resumes or “unmarketable” resumes. Putting a resume together in the “right way” is tedious and time consuming … get your Functional Resume done ONCE professionally and then update every year as needed OR update when your role / duties / position / employer changes.

Additionally, you should have different versions to submit to potential employers (or even you are applying for another position with your CURRENT employer):

1. One in Word
2. One in PDF
3. One should be in the form of a Presentation (e.g. PowerPoint)

By creating your resume in three different forms – you will all your bases covered.

If it is short, you can use the Microsoft Word for email or print it out to hand to someone.

PDF for attaching to an email.

Presentation if you have letters of recommendations, samples of work you have done, and use in this personal format. You can also make this is a PDF format, depending on where you are going to make the presentation.

One main resume should be useable for all positions you want to apply for now and/or in the future … you should be able to EASILY “tailor” your resume if going after a particular role or company

Again, for readers of my column, I will offer a discount to our resume service.

Send me an email, mark the subject, “discount resume service,” with your telephone number and I will call you.

Emily Fitzpatrick
Sr. Recruiter
Recruiters International, Inc.
Phone: 954-885-9241
Cell: 954-612-0567
emily@riirecruit.com
www.riirecruit.com

Previous Career Crossroad columns:
http://www.leasingnews.org/Conscious-Top%20Stories/crossroad.htm

 

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Leasing Industry Help Wanted


Carlsbad, California

Vendor Account Manager

- Strong background w/emphasis application-only marketplace
- Commission Only and Results Oriented Sales Professional
- Relationships in place to provide immediate opportunities
- Vendor marketing and program development experience

Documentation/Funding Coordinator
Coordination of all documents with the Lessee and Vendor, Insurance, Vendors Invoices, Title Processing,
and Equipment Deliveries.

Experience with Vision and Salesforce.com -- big plus

email- resumes@ilslease.com

 

National Business Development Manager
with minimum seven years experience and
current book of business. Strategically located throughout
US in various targeted industries.
Click Here for more info.

Western Equipment Finance, a subsidiary of Western State Bank
established in 1901, solicits originations throughout the US and
provides funding solutions for a wide range of industries

Senior Accountant NYC
5 Year accounting, prefer bank or finance experience.
CPA preferred. Full description, please click here.
Please send resume to: financecompanyhr@gmail.com

www.easternfunding.com
A Commercial Finance Subsidiary of a publicly
held bank, growing rapidly, is successful and has
a dynamic, exciting culture.

 

For information on placing a help wanted ad, please click here:
http://www.leasingnews.org/Classified/Hwanted/Hwanted-post.htm

Please see our Job Wanted section for possible new employees.


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NEFA to Attract Brokers & CLP's to its March Conference


Hilton San Diego Resort & Spa
1775 East Mission Bay Drive
San Diego, California

In an effort to widen its membership, the National Association of Equipment Leasing is planning ...more educational sessions than prior years including a special series for brokers wanting to become lessors" at its 2012 National Equipment Finance Summit, being held March 22-24, at the Hilton San Diego Resort & Spa.


Gerry Egan
Exec. Director, NEFA

“Of special interest is a series focused on helping brokers make the transition to lessor,” said Gerry Egan, executive director of NEFA. ”We get a lot of requests for help from people in that situation and have put together a sort of blueprint for them to follow.”

"If you're a broker, the Summit has a special program for you.

“The brokering part of our business has changed and many brokers are struggling. But if the business has changed, then maybe it's time for you to change, too…

“Today's climate is ripe for smart brokers to transition into lessors in their own right… to see a special track of programs designed by and presented by experienced lessors, funding sources and service providers to put you on the right path to your own summit. You can do it and this is how. You'll learn why and what you need to know. There's no reason to try to figure it out on your own."


In addition, "…the whole program of educational sessions at the upcoming National Equipment Finance Summit qualifies for CLP Continuing Professional Education Credits, (CPE)."

“We’re very pleased to have the continued support of the CLP Foundation and always strive to plan programs that are consistent with the Foundation’s goals and values.” Egan said. “At the Summit, we’ll also be providing space and time for a CLP Master Review Class, and for a CLP Exam.”


Lynne Wicker, of RTR Services Incorporated, NEFA’s Summit Conference chairperson, said, “We’ve had a lot in interest in this conference and have had people waiting to register even before registration opened a few days ago. We’re also pleased that we were able to negotiate a hotel room rate at a beautiful resort property significantly less than at last year’s conference.”

Registration Here:
https://m360.nefassociation.org/frontend/event/registration/login.aspx?EventId=39465

 


 

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Top Stories Janury 4-January 6


Here are the top ten sorties opened by readers:

(1) One of Most Influential Women in Leasing Says Goodbye
http://leasingnews.org/archives/Jan2012/1_04.htm#influential

(2) Puget Sound Leasing/First Sound Bank--It's a Go!
by Christopher Menkin
http://leasingnews.org/archives/Jan2012/1_06.htm#puget

(3) Tiger Woods Ex-Wife bulldozes $12 Million Florida Mansion
http://msn.foxsports.com/golf/story/tiger-woods-ex-wife-elin-nordegren-demolishes-mansion-010512/

(4) PacWest Bancorp Acquires Marquette Equipment Finance
http://leasingnews.org/archives/Jan2012/1_04.htm#pacwest

(5) Leasing 102 by Mr. Terry Winders, CLP
"Business Tax Increase for 2012 affects Leasing"
http://leasingnews.org/archives/Jan2012/1_04.htm#buss_tax

(6) Leasing News Person of the Year 2011
John C. Deane
http://leasingnews.org/archives/Jan2012/1_04.htm#2011_poy

(8) New Hires---Promotions
http://leasingnews.org/archives/Jan2012/1_06.htm#hires

(9) Forged Corporate Resolution Stings Creditor
by Tom McCurrin
http://leasingnews.org/archives/Jan2012/1_04.htm#forged

(10) Q4 Equipment Leasing/Finance Employment Drops
http://leasingnews.org/archives/Jan2012/1_06.htm#drops

 

Why Choose Advanced Property Tax Compliance?

Dedicated to the leasing industry
click here to learn more.

Hear What Our Clients say about us
click here

Gary DiLillo, President 440.871.0555 or gary@avptc.com


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

Fleet Financing Resources Closes $875K Alternative Fuel School Bus


Riverside, CA – Fleet Financing Resources (FFR), a boutique-style lender servicing the commercial vehicle industry, reports it has funded $875K of Lease financing for Atlantic Express of L.A., Inc., the fourth largest private school bus operator in North America. The financing was for five 2012 CNG-fueled Bluebird A3RE school buses.

This transaction was partially supported by a $225K clean transportation grant from Mobile Source Air Pollution Reduction Review Committee (MSRC). With a fleet of over 6,000 buses and coaches, Atlantic Express is dedicated to creating an environmentally friendly transportation through alternative fuel vehicles.

“This deal is another demonstration of Fleet Financing Resources ability to provide creative financing for unique equipment to an industry leader such as Atlantic Express”” said Dave Reynolds, President and Chief Executive Officer of FFR.

“As the future move towards reducing our carbon footprint, we will be alongside our customers to offer innovative financing solutions as they upgrade their fleet.”

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

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Stratham, New Hampshire -- Adopt-a-Dog


Maze

Beagle Mix, Neutered Male, 2 years old, has been good with the other dogs
he has met here but needs a home without cats.

Adoption Center
11 a.m. - 4 p.m. Monday, Friday, Saturday and Sunday
11 a.m. - 7 p.m. Tuesday and Thursday
Closed Wednesdays

Questions? Send us an e-mail: info@nhspca.org
Adoptions: adopt@nhspca.org
Phone: 603-772-2921

The New Hampshire Society
for the Prevention of Cruelty to Animals
104 Portsmouth Avenue
Stratham, New Hampshire 03885

Adopt-a-Pet by Leasing Co. State/City
http://www.leasingnews.org/Conscious-Top%20Stories/Adopt_Pet.htm

Adopt a Pet
http://www.adoptapet.com/



News Briefs----

PNC to lay off 600 in NC after RBC merger
http://www.wral.com/business/story/10571669/

UK Schools Laptop lease 'scam could cost millions
http://www.bbc.co.uk/news/education-16441186

Bank files to foreclose on portion of Village of Ponderosa in West Des Moines
http://www.desmoinesregister.com/article/20120107/NEWS/301070025/-1/GETPUBLISHED03scripts/Bank-files-foreclose-portion-Village-Ponderosa-West-Des-Moines

Pearlman's victims may get payoff from banks that lent him millions
http://www.orlandosentinel.com/business/os-pearlman-estate-suing-banks-20120108,0,7017070.story

Florida Ponzi schemer implicates many others in $1.2B fraud
http://www.usatoday.com/money/industries/brokerage/story/2012-01-08/ponzi-schemer-names-names/52398522/1

Changing the State of Evening TV News
http://www.nytimes.com/2012/01/09/business/media/at-abc-cbs-and-nbc-news-accentuating-the-differences.html?ref=business


[headlines]

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You May Have Missed---

Wells Fargo leapfrogs HSBC as largest Western bank
---Now Also Third Largest Bank in the World
http://www.efinancialnews.com/story/2012-01-05/wells-fargo-becomes-largest-western-bank-market-capitalisation?mod=mostread-PE

 

John Kenny Receivables Management

• End of Lease Negotiations & Enforcement

• Fraud Investigations
• Credit Investigations • Asset Searches
• Skip-tracing • Third-party Commercial Collections

john@jkrmdirect.com | ph 315-866-1167| www.jkrmdirect.com

 


[headlines]
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SparkPeople--Live Healthier and Longer

 

12 Super foods to add to your Diet
http://www.sparkpeople.com/resource/nutrition_articles.asp?id=283


 

[headlines]
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Sports Briefs----

Slideshow: Tebow's OT pass gives Broncos win over Steelers
http://www.contracostatimes.com/breaking-news/ci_19700806

49ers will have their hands full with Brees & Co.
http://www.contracostatimes.com/tim-kawakami/ci_19698192

On 4th-and-1, Giants Defense Showed Its Mettle
http://www.nytimes.com/2012/01/09/sports/football/giants-defense-showed-4th-and-1-dominance.html?ref=sports

Patriots officially announce McDaniels hire
http://www.theredzone.org/BlogDescription/tabid/61/EntryId/23047/Patriots-officially-announce-McDaniels-hire/Default.aspx



[headlines]
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Football Poems

--Vince Lombardi

(1913-1970) US football coach

If winning isn't everything, why do they keep score?

The difference between a successful person and others is not a lack of strength, not a lack of knowledge, but rather in a lack of will.

Fatigue makes cowards of us all.

We didn't lose the game; we just ran out of time.

Winning isn't everything it's the only thing.

[headlines]
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California Nuts Briefs---


Oakland police arrest six Occupy protesters in Saturday night march
http://www.mercurynews.com/breaking-news/ci_19700501



[headlines]
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“Gimme that Wine”

http://www.youtube.com/watch?v=EJnQoi8DSE8 


Mystery of the $75 Château de Beaucastel
http://www.nytimes.com/2012/01/07/dining/07iht-wine07.html?ref=dining

Canadian Vintners hail drive to cut down strict border rules on wine sales
http://www.theglobeandmail.com/news/national/british-columbia/bc-politics/vintners-hail-drive-to-cut-down-strict-border-rules-on-wine-sales/article2293268/

Eastern Ice Wine a 2012 Vintage
http://www.winesandvines.com/template.cfm?section=news&content=96014&htitle=
Eastern%20Ice%20Wine%20a%202012%20Vintage&

N.J. State Assembly will finally vote on wine shipping bill
http://www.mnn.com/food/beverages/blogs/nj-state-assembly-will-finally-vote-on-wine-shipping-bill

Free Mobile Wine Program
http://leasingnews.org/archives/Feb2010/2_26.htm#mobile

Wine Prices by vintage
http://www.winezap.com
http://www.wine-searcher.com/

US/International Wine Events
http://www.localwineevents.com/

Winery Atlas
http://www.carterhouse.com/atlas/\

Leasing News Wine & Spirits Page
http://two.leasingnews.org/Recommendations/wnensprts.htm

[headlines]
----------------------------------------------------------------

 

This Day in History

     1776 - Propagandist Thomas Paine anonymously published "Common Sense," a scathing attack on King George III's reign over the colonies and a call for complete independence. In a land with a population of 2.5 million, 500,000 copies of Paine's stirring call for independence were sold within a few months, greatly affecting public sentiment and the deliberations of the Continental Congress leading up to the Declaration of Independence. He advocated an immediate declaration of independence from Britain. An instant bestseller in both the colonies and in Britain, Paine baldly stated that King George III was a tyrant and that Americans should shed any sentimental attachment to the monarchy    
    1788- by a vote of 128 to 40, Connecticut became the fifth state to ratify the US Constitution.
http://memory.loc.gov/ammem/today/jan09.html
http://memory.loc.gov/cgi-bin/query/D?amtoday:1:./temp/~ammem_UKE8
    1793- being invited to the United States by Benjamin Franklin , a Frenchman, Jean-Pierra Francois Blanchard, made the first manned free-balloon flight in America's history at Philadelphia, Pennsylvania, in 1793 on this day. The event was watched by President George Washington and many other high government officials. They hydrogen-filled balloon rose to a height of about 5,800 feet, traveled some 15 miles and landed 46 minutes later in New Jersey. Reportedly Blanchard had only one passenger on the flight-a little black dog (name unknown).
   1847--Yerba Buena's first newspaper, "The California Star," published its first issue on the press Sam Brannan brought with him from New York. Brannan was the publisher and Dr. E.B. Jones, editor. It is the first newspaper published in what is to become the City and County of San Francisco.
    1849 -In San Francisco, Henry M. Naglee and Richard H. Sinton formed a bank called the Exchange and Deposit Office on Kearny St. facing Portsmouth Plaza. Sinton was acting paymaster aboard the “Ohio" and came to San Francisco with Commodore Jones.
    1859-Carrie Lane Chapman Catt, American women’s rights leader, founder (in 1919) of National League of Women Voters. Born at Ripon, WI, she died at New Rochelle, NY, Mar 9,1947.
http://www.northnet.org/stlawrenceaauw/catt.htm
http://www.catt.org/
    1861-Mississippi follows South Carolina in seceding from the Union when a state convention at Jackson ratifies an article of secession by a vote of 84 to 15. 
    1861- the American Civil War historically began when a detachment of Confederate forces at Morris Island, in Charleston Harbor, Charleston, SC, fired upon the Star of the West, a merchant steam vessel. The vessel had been chartered by the federal government to convey supplies and men to re­inforce Major Robert Anderson at Fort Sumter Charleston Harbor, although the announced des­tinations were Savannah, GA, and New Or­leans, LA. It left New York harbor January 5, 1861, and was fired on within two miles of Forts Sumter and Moultrie. Its captain, John McGowan, retired from the scene after 17 shots had been fired at his ship. The first shot was fired by Cadet George E. Haynesworth of Sum­ter, SC, who was ordered to fire by Major P.F. Stevens.
    1862 - Orders from the Navy Department appointed Flag Officer Farragut to command Western Gulf Blockading Squadron, flagship U.S.S. Hartford, then at Philadelphia. The bounds of the command extended from West Florida to the Rio Grande, but a far larger purpose than even the important function of blockade lay behind Farragut's appointment. Late in 1861 the administration had made a decision that would have fateful results on the war. The full list of senior officers in the Navy was reviewed for a commander for an enterprise of first importance---the capture of New Orleans, the South's "richest and most populous city," and the beginning of the drive of sea-based power up the Father of Waters to meet General Grant, who would soon move south behind the spearhead of the armored gunboats. On 21 December 1861, in Washington, Farragut had written his wife; ''Keep your lips closed, and burn my letters; for perfect silence is to be observed- the first injunction of the Secretary. I am to have a flag in the Gulf and the rest depends upon myself. Keep calm and silent. I shall sail in three weeks.'' Meanwhile, the tight blockade was causing grave concern in New Orleans. The Commercial Bulletin reported: ''The situation of this port makes it a matter of vast moment to the whole Confederate State that it should be opened to the commerce of the world within the least possible period ... We believe the blockading vessels of the enemy might have been driven away and kept away months ago, if the requisite energy had been put forth . . . The blockade has remained and the great port of New Orleans has been hermetically sealed. . ."
    1866- the Fisk School, to become known as Fisk University convened classes in Nashville, Tennessee. One of the first black colleges in the United States, alma mater of W.E.DuBois and others. The Fisk School, forerunner ofFisk University, convened classes for the first time on January 9, 1866, in former Union army barracks in Nashville, Tennessee. The school was named for General Clinton B. Fisk of the Tennessee Freedmen's Bureau who provided the facility. Fisk University, incorporated on August 22, 1867, is one of several historically black colleges founded with help from the American Missionary Association. The organization was formed in 1846 from three antislavery societies involved in the effort to colonize freed slaves overseas. Other schools founded by the AMA include Atlanta University, Hampton Institute (now HamptonUniversity), and University. The Fisk Jubilee Singers, organized in 1867, began touring the United States and Europe in 1871 to raise money for the university. Renowned for their discipline and high standards of musical performance, they brought international attention to traditional African-American sacred music. Jubilee Hall, the first permanent structure built in the South for the education of African Americans, was constructed with proceeds from the Singers' tours. During their first U.S. tour in 1871, the obscure Fisk Jubilee Singers followed the route of the old Underground Railroad and performed in churches and private homes. By 1872 the group, most of whom had been born into slavery, were presenting their artistry and a new body of music to the general public at Steinway Hall in Manhattan, President Grant at the White house, and Queen Victoria in England. sheet music of sons they sung:( lower half ofhttp://memory.loc.gov/ammem/today/jan09.html )
    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.
http://www.nwhp.org/tlp/biographies/woodhull/woodhull_bio.html
http://www.victoria-woodhull.com/whoisvw.htm
   1875 - The temperature at Cheyenne, WY, dipped to an all-time record cold reading of -38 degrees.
   1880 – Six feet (1.8 meters) of snow falls in Seattle in 5 days.
    1886- Ida Cohen Rosenthal, Russian-born American manufacturing executive, operated a small dress store in New York along with Ethel Bissett. To make their clothes hang better, the duo added tucks in front of the strips of cloth that were the brassieres of that time. The "cupped" bras became so popular that they organized the Maiden Form Brassiere company in 1923. ICR's mother ran a store in Europe to support the family because her father was a Hebrew scholar. 
http://en.wikipedia.org/wiki/Ida_Rosenthal
    1888 - Severe cold gripped much of the western U.S. At Portland OR the Columbia River was frozen for two weeks, and in southern California temperatures dipped below freezing in some of the citrus growing areas.
    1903- Frank Farrell and Bill Devery bought the one year old Baltimore Orioles franchise in the American League for $18,000 and moved the team to New York, changing their name to the New York Highlanders to compete with the New York Giants. They played at Hilltop Park. In 1913, the team was renamed New York Yankees. They played at Polo Grounds from 1913-1922. In 1923, the Yankees moved into Yankee Stadium in the Bronx, New York where they remain to this day except for a two year period from 1974-1975 when they played at Shea Stadium while Yankee Stadium was being remodeled.
    1913- Birthday of Richard Milhous Nixon; served as 36th vice president of the US (under President Dwight D. Eisenhower) Jan 20, 1953, to Jan 20, 1961. He was the 37th president of the US, serving Jan 20, 1969, to Aug 9,1974, when he resigned the presidency while under the threat of impeachment. First US president to resign that office. He was born at Yorba Linda, CA, and died at New York, NY, Apr 22, 1994.
    1914-The very famous singer/dancer/stripper Gypsy Rose Lee born Seattle, Wa
http://www.streetswing.com/histmai2/d2gypsy1.htm
http://www.thrillingdetective.com/eyes/gypsy_rose_lee.html
http://www.streetswing.com/histmai2/d3gypsy5.htm
    1915-- Pancho Villa signs a treaty with the United States, halting border conflicts.
    1920-Singer Betty Roche Wilmington, DE. With Savoy Sultans 1941-41, Duke Ellington
1943-44 ( first to sing “ Black, Brown and Beige.”
http://elvispelvis.com/bettyroche.htm
http://www.thatplusmore.com/betty-roche.html
    1925-Birthday of actor Bob Denver, New Rochelle, NY
    1924 Ford Motor Co. stock is valued at nearly $1 billion.
    1926-Birthday of guitarist Bucky Pizzarelli, Patterson, NJ
http://www.riverwalk.org/profiles/pizzarelli_b.htm
http://www.classicjazzguitar.com/artists/artists_page.jsp?artist=23
http://www.jazzbymail.com/albums_guitar/arcd19254.html
    1929 - In Nashville, Tennessee, the Seeing Eye, whose purpose was to train guide dogs for the blind, was incorporated.
    1931-Drummer Kenny Clark Birthday
http://www-music.duke.edu/jazz_archive/artists/clarke.kenny/02/index.html
    1931- Bassist Carson Smith born San Francisco CA
http://noahlambert.tripod.com/theclassicbrassquintet/id8.html
    1934-Birthday of Bryan Bartlett “ Bart” Starr, pro football hall of fame quarterback and former coach, Montgomery , Al.
http://www.sportsstarsusa.com/football/starr_bart.html
    1935-actor Bob Denver born in New Rochelle, NY, best known for “Gilligan’s Island.”.
http://www.bobdenver.com/
    1939- Producer Alfred Lion recorded boogie-woogie pianists Meade Lux Lewis and Albert Ammons at a session in New York. Lion pressed only a few copies for his friends, but demand for the records was so great that he made other recordings of Dixieland artists like Sidney Bechet. This was the beginning of Lion's famous Blue Note record label, for which practically every major jazz artist of the past 50 years has recorded at one time or another. Lion sold the label to Liberty-United Artists in 1966. He died in 1987.
    1939 -- Southern Tenant Farmers' Union lead Missouri Highway sit-down of 1,700 tenant families.
http://www.umsl.edu/services/library/blackstudies/homeless.htm
    1941-Birthday of folksinger Joan Baez, Staten Island, NY. Her politics and music have always been closely connected, and she was active in opposing the US military draft and American involvement in the Vietnam War. In March, 1968, she married David Harris, a former student leader at Stanford University who was facing a three-year prison term for draft resistance. Joan Baez played an important role in launching Bob Dylan's career, inviting him on stage during her concerts in the early '60s.
http://www.baez.woz.org/
    1941 - Sammy Kaye and his orchestra recorded "Until Tomorrow" on Victor Records. This song became the sign-off melody for Kaye and other big bands.
    1944- rock guitarist Jimmy Page was born in London. He established his reputation as a session musician in London in the early '60s, and is rumored to have played the guitar solo on the Kinks' recording of "You Really Got Me." Page later joined the Yardbirds as bass guitarist, taking over the lead guitar role when Jeff Beck left the group. When the Yardbirds disbanded in 1968, Page formed Led Zeppelin with vocalist Robert Plant. Led Zeppelin is generally regarded as the first heavy metal rock group. 
    1945 - Gen. Douglas MacArthur and the American 6th Army land on the Lingayen Gulf of Luzon, another step in the capture of the Philippine Islands from the Japanese. The Japanese controlled the Philippines from May 1942, when the defeat of American forces led to General MacArthur's departure and Gen. Jonathan Wainwright's capture. But in October 1944, more than 100,000 American soldiers landed on Leyte Island to launch one of one of the bloodiest battles of the Pacific war-and herald the beginning of the end for Japan. Newsreels captured the event as MacArthur waded ashore at Leyte on October 20, returning to the Philippines as he had famously promised he would after the original defeat of American forces there. What the newsreels didn't capture were the 67 days it took to subdue the island, with the loss of more than 55,000 Japanese soldiers during the two months of battle and approximately 25,000 more soldiers killed in smaller-scale engagements necessary to fully clear the area of enemy troops. The U.S. forces lost about 3,500. The sea battle of Leyte Gulf was the same story. The loss of ships and sailors was horrendous for both sides. That battle also saw the introduction of the Japanese kamikaze suicide bombers. More than 5,000 kamikaze pilots died in this gulf battle, taking down 34 ships. But the Japanese were not able to prevent the loss of their biggest and best warships, which meant the virtual end of the Japanese Imperial Fleet. These American victories on land and sea at Leyte opened the door for the landing of more than 60,000 American troops on Luzon on January 9. Once again, cameras recorded MacArthur walking ashore, this time to greet cheering Filipinos. Although the American troops met little opposition when they landed, American warships were in for a new surprise: kamikaze boats. Japanese boats loaded with explosives and piloted by kamikaze personnel rammed the light cruiser Columbia and the battleship Mississippi, killing a total of 49 American crewmen. The initial ease of the American fighters' first week on land was explained when they discovered the intricate defensive network of caves and tunnels that the Japanese created on Luzon. The intention of the caves and tunnels was to draw the Americans inland, while allowing the Japanese to avoid the initial devastating bombardment of an invasion force. Once Americans reached them, the Japanese fought vigorously, convinced they were directing American strength away from the Japanese homeland. Despite their best efforts, the Japanese lost the battle for Luzon and eventually, the battle for control over all of the Philippines.
    1945 - The fleet carriers of Task Force 38 attack targets on Okinawa and Formosa in conjunction with US Army Air Force B-29 Superfortress bombers from bases in China. This is intended to give cover to the landings on Luzon. One Japanese destroyer is sunk along with seven other ships.
    1945--*CAREY, CHARLES F., JR. Medal of Honor
Rank and organization: Technical Sergeant, U.S. Army, 397th Infantry, 100th Infantry Division. Place and date: Rimling, France, 8-9 January 1945. Entered service at: Cheyenne, Wyo. Birth: Canadian, Okla. G.O. No.: 53, July 1945. Citation: He was in command of an antitank platoon when about 200 enemy infantrymen and 12 tanks attacked his battalion, overrunning part of its position. After losing his guns, T/Sgt. Carey, acting entirely on his own initiative, organized a patrol and rescued 2 of his squads from a threatened sector, evacuating those who had been wounded. He organized a second patrol and advanced against an enemy-held house from which vicious fire issued, preventing the free movement of our troops. Covered by fire from his patrol, he approached the house, killed 2 snipers with his rifle, and threw a grenade in the door. He entered alone and a few minutes later emerged with 16 prisoners. Acting on information he furnished, the American forces were able to capture an additional 41 Germans in adjacent houses. He assembled another patrol, and, under covering fire, moved to within a few yards of an enemy tank and damaged it with a rocket. As the crew attempted to leave their burning vehicle, he calmly shot them with his rifle, killing 3 and wounding a fourth. Early in the morning of 9 January, German infantry moved into the western part of the town and encircled a house in which T/Sgt. Carey had previously posted a squad. Four of the group escaped to the attic. By maneuvering an old staircase against the building, T/Sgt. Carey was able to rescue these men. Later that day, when attempting to reach an outpost, he was struck down by sniper fire. The fearless and aggressive leadership of T/Sgt. Carey, his courage in the face of heavy fire from superior enemy forces, provided an inspiring example for his comrades and materially helped his battalion to withstand the German onslaught. 
    1945—Top Hits
Don’t Fence Me In - Bing Crosby & The Andrews Sisters
There Goes that Song Again - Russ Morgan
I’m Making Believe - Ella Fitzgerald & The Ink Spots
I’m Wastin’ My Tears on You - Tex Ritter
    1950- Blues singer Buster Poindexter born Staten Island New York
    1951 - In New York City, the United Nations headquarters officially opened.
    1951-Birthday of Crystal Gayle ( Brenda Gayle Webb), born Paintsville, KY.
    1952 Jackie Robinson becomes the highest paid player in Brooklyn Dodger history.
    1953---Top Hits
Why Don’t You Believe Me - Joni James
Don’t Let the Stars Get in Your Eyes - Perry Como
Glow Worm - The Mills Brothers
Don’t Let the Stars Get in Your Eyes - Skeets McDonald
    1953 - Starring Alan Young, Victor Mature, Jean Simmons, Maurice Evans, and Elsa Lanchester, the film Androcles and the Lion opened in United States theaters. Based on George Bernard Shaw's satirical comedy, it was the story of a Christian in ancient Rome who befriends a lion.
    1954 -87ºF (-66ºC), North Ice Station, Greenland (Greenland record)
    1956--A trio known as Buddy Holly and the Two-Tunes kick off a two week tour of the Southern United States, as a supporting act for George Jones and Hank Thompson. 
    1959 "Rawhide" premiered this day in 1959. My father Lawrence Menkin was the story editor. Supposedly he kept increasing Clint Eastwood's part because the ladies liked him, although Eric Fleming (1959-65) as trail boss Gil Favor wanted larger parts himself. After Favor left, the show continued with Eastwood as the ramrod and trail boss. My father was instrumental in hiring black actors for local and network shows, winning awards for this, and perhaps little know to television history, Raymond St. Jacques as Simon Blake was the first African-American regular on a television series
    1959---Dion and The Belmonts perform their newest recording, "Teenager in Love", on American Bandstand. The song will reach #5 in the US and #28 in the UK.
    1961 Top Hits
Wonderland by Night - Bert Kaempfert
Exodus - Ferrante & Teicher
Will You Love Me Tomorrow - The Shirelles
North to Alaska - Johnny Horton
    1961 - "Rhinoceros", the play, opened on Broadway, starring Eli Wallach and Zero Mostel. 1976, C.W. McCall's recording of "Convoy" reached the top of the country music charts. Its success led to a long string of CB radio-related novelty records during the next year and a-half.
    1961-Orchestra leader Bert Kaempfert knocked Elvis Presley out of the number one spot on the US charts after six weeks, with a sleepy instrumental called "Wonderland By Night". 
    1961-Bob Newhart's comedy LP "The Button Down Mind Strikes Back!" topped the Billboard album chart, just as "The Button-Down Mind of Bob Newhart" did the previous year.
    1963-- A London jazz drummer named Charlie Watts leaves his old group, Alexis Korner's Blues Incorporated, to join a new band called The Rolling Stones.
    1964-The Temptations record "The Way You Do the Things You Do" for Detroit's Motown Records. The single will become The Temps' first Billboard Top 40 hit, peaking at #1
    1965-- The US-only album Beatles '65 shatters Billboard chart records by leaping all the way from #98 to #1 in one week
    1968- “ It Takes a Thief” premiered on TV. ABC’s adventure series starred Robert Wagner as Alexander Mundy, an unlikely thief who agrees to conduct secret government missions instead of serving out his prison term. Malachi Throne costarred as Noah Bain, chief of the SIA and Mundy’s employer. Fred Astaire sometimes made recurring cameo appearances as Mundy’s father.
    1969---Top Hits
I Heard It Through the Grapevine - Marvin Gaye
For Once in My Life - Stevie Wonder
I’m Gonna Make You Love Me - Diana Ross & The Supremes & The Temptations
Daddy Sang Bass - Johnny Cash
    1970- After 140 years of unofficial racial discrimination, the Mormons issued an official statement declaring that blacks were not yet to receive the priesthood "for reasons which we believe are known to God, but which He has not made fully known to man."
    1970--*PETERSEN, DANNY J. Medal of Honor
Rank and organization: Specialist Fourth Class, U.S. Army, Company B, 4th Battalion, 23d Infantry, 25th Infantry Division. Place and date: Tay Ninh Province, Republic of Vietnam, 9 January 1970. Entered service at: Kansas City, Mo. Born: 11 March 1949, Horton, Kans. Citation: Sp4c. Petersen distinguished himself while serving as an armored personnel carrier commander with Company B during a combat operation against a North Vietnamese Army Force estimated to be of battalion size. During the initial contact with the enemy, an armored personnel carrier was disabled and the crewmen were pinned down by the heavy onslaught of enemy small arms, automatic weapons and rocket-propelled grenade fire. Sp4c. Petersen immediately maneuvered his armored personnel carrier to a position between the disabled vehicle and the enemy. He placed suppressive fire on the enemy's well-fortified position, thereby enabling the crewmembers of the disabled personnel carrier to repair their vehicle. He then maneuvered his vehicle, while still under heavy hostile fire to within 10 feet of the enemy's defensive emplacement. After a period of intense fighting, his vehicle received a direct hit and the driver was wounded. With extraordinary courage and selfless disregard for his own safety, Sp4c. Petersen carried his wounded comrade 45 meters across the bullet-swept field to a secure area. He then voluntarily returned to his disabled armored personnel carrier to provide covering fire for both the other vehicles and the dismounted personnel of his platoon as they withdrew. Despite heavy fire from 3 sides, he remained with his disabled vehicle, alone and completely exposed. Sp4c. Petersen was standing on top of his vehicle, firing his weapon, when he was mortally wounded. His heroic and selfless actions prevented further loss of life in his platoon. Sp4c. Petersen's conspicuous gallantry and extraordinary heroism are in the highest traditions of the service and reflect great credit on him, his unit, and the U.S. Army. 
    1971-- Elvis is voted one of the Most Outstanding Young Men of the Year for 1970 by the national board of the Junior Chamber of Commerce (known as the Jaycees). It would become one of Presley's most treasured achievements, honoring as it does men who have made the most of America's "free enterprise" system. He will bring the award with him wherever he tours for the rest of his days.
    1977- The Oakland Raiders won Superbowl IX, 32-14, over the Minnesota Vikings. Oakland’s first Super Bowl triumph came in the Rose Bowl before a record crowd of 103,424. Raiders wide received Fred Bilennikoff was named the game’s Most Valuable Player.
    1977--Raiders Superbowl. Add at the end: The game is played before a record Super Bowl crowd plus 81 million television viewers, the largest audience ever to watch a sporting event. 
    1977---Top Hits
You Don’t Have to Be a Star (To Be in My Show) - Marilyn McCoo and Billy Davis, Jr.
You Make Me Feel Like Dancing - Leo Sayer
I Wish - Stevie Wonder
Broken Down in Tiny Pieces - Billy "Crash" Craddock
    1979-New Orleans basketball player Daryl Moreau set a high school record by converting his 126th free throw in a row, a streak that lasted a year. 1981 - The Hockey Hall of Fame's, Phil Esposito, said he was quitting hockey after the New York Rangers-Buffalo Sabres game; which seemed unending when both teams played to a 3-3 tie. Esposito then quit playing for the New York Rangers to become their General Manager and coach. In 1969, and 1974, when Phil Esposito played for the Boston Bruinswhen he won the Hart Memorial Trophy for Most Valuable Player in the NHL, and helped the Bruins to two Stanley Cup Championships in 1970 and 1972.
    1979-A fund-raising concert for UNICEF, the world hunger organization, was held in New York at the United Nations General Assembly. Performers included Rod Stewart, ABBA, The Bee Gees, Andy Gibb, Rita Coolidge, Olivia Newton-John, Earth, Wind and Fire, Kris Kristofferson, John Denver and others. The show raised about half a million dollars, but an album of the concert was a flop. 
    1981-'Elvis Presley Day' was declared in Alabama, Florida, Georgia, Illinois, Kansas, North and South Carolina, Pennsylvania and Virginia. 
    1984 - Television audiences got their first look at Clara Peller in the now-famous, annoying, and yet successful, "WHERE’S THE BEEF?",commercial for Wendy’s fast-food chain. Dave Thomas, the company's owner, spent $8 million on the ads as well as T-shirts, baseball caps, records, greeting cards and other items bearing the picture of the of Dave Thomas. The theme also became a political question about the economy.
    1985---Top Hits
Like a Virgin - Madonna
The Wild Boys - Duran Duran
Sea of Love - The Honeydrippers
Does Fort Worth Ever Cross Your Mind - George Strait
    1988 - A storm in the northeastern U.S. produced ten inches of snow at Boston MA, and 14 inches at Worcester MA. A winter storm in the northwestern U.S. produced a foot of snow in three hours at McCall ID.
    1990 - A third storm in four days hit the Pacific Northwest. Winds in Oregon gusted above 100 mph at Netarts and at Oceanside. Up to 8.16 inches of rain was reported around Seaside OR, and the total of 4.53 inches of rain at Astoria OR was a record for the date. Twelve cities in the western U.S. reported record high temperatures for the date. The high of 70 degrees at Cedar City UT was a record for January.
    1996- “3rd Rock from the Sun” premiere son TV. In this comedy a quarter of space aliens who had taken on human form came to Earth to spy on its natives. They were led by Dick Solomon, played by John Lithgow, who fell in love with earthling g Mary Albright, played by Jane Curtin. Other cast members included Kristen Johnson, Frenchy Steward and Joseph Gordon-Leviett. On May 22, 2001, Commander Solomon was ordered to conclude the mission and bring his crew home. Thought it won a slew of Emmys, NBC bounced the series around to more than a dozen timeslots, damaging the ratings, and finally pulled the show after six seasons.
http://www.3rdrock.com/
    1996-Sun Microsystems announced the formation of JavaSoft, a business unit to develop and promote its Java programming language on this day in 1996. Former Delphi Internet Services Corporation president Alan Baratz was named president of the new unit. Microsoft later came to see Java as a powerful threat to its operating system and became embroiled in disagreements with Sun.
    1997- Jazz musician Lionel Hampton was presented with the National Medal of the Arts by President Bill Clinton at a White House ceremony. The presentation took place two days after the 88-year-old Hampton lost most of his possessions in a fire at his New York apartment 
    2005-- Carlos Beltran (.267, 38, 104) becomes the tenth $100 million player in major league history as the 27-year old native of Puerto Rico agrees to seven-year deal for $119 million with the Mets. The five-tool outfielder, who had his market value increase in the post season by helping the Astros come within a win of their first World Series appearance in franchise history, goes to New York after Houston refuses to include a no-trade clause in their very attractive monetary offer to keep him on the club.

Superbowl Champions This Date

    1977 OaklandRaiders


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