Lovern J. Gordon, CLFP
2021 Leasing News Person of the Year

Reid Raykovich, CLFP, Executive Director of CLFP Foundation, and a member of the Leasing News Advisory Board, said, "Lovern Gordon sparked a movement in the equipment leasing industry to give back to our communities and constantly proves you get more when you give than when you receive. Lovern has been an active member of the leasing industry for 20+ years, an outstanding voice for women in the leasing and finance business, and has used her personal life experiences make changes happen worldwide. She is not only a leader but a personal hero in my book.

"Her survival from domestic abuse  has changed many of the conversations at industry events now. I had a chance to sit on a panel at an Equipment Finance Cares event and opened up about my own past. I feel like we are humanizing equipment finance instead of being quiet about struggles. Without her leadership and willingness to share her story, I don’t think we would be making the progress that we are.

“In 2013, Lovern decided to dedicate her efforts full-time on Love Life Now Foundation but she still represents Boston Financial and Equity Corporation at funding conferences throughout the year. In addition, she also became a facilitator with the CLFP Foundation after becoming a CLFP in 2018.

“Historically Lovern has attended every NEFA event. It has only been in recent years since Debbie Monosson has reduced her travels that Lovern has attended the ELFA National Funding Conference."

Gordon began her career as a temporary assistant for the front desk and contracts department at Boston Financial & Equity Corporation (BFEC) before transitioning to a national business development representative role in the company’s sales department. Within a year, she landed BFEC its largest venture capital-backed, equipment finance deal for that year. Gordon’s natural ability to connect with people at all different levels, her professional and pleasant manner, and her knack for delivering top-notch customer service is what she credits to landing that very first deal and all others over the years.

She took a brief hiatus from the industry in 2001 to work behind the scenes of the news industry and rejoined BFEC in 2009. The following year, she won back-to-back local and national beauty pageant titles, which pushed her to advocate for a cause near and dear to her heart: domestic violence awareness. In 2011, she formed her non-profit, the Love Life Now Foundation (LLN).

Over the years, she has represented BFEC at various funding conferences and has been proud to engage many of her peers in the industry in conversation surrounding the Love Life Now Foundation platform while discussing potential deals that may be a fit for BFEC. As a survivor herself, Lavern Gordon never imagined she would meet so many who also have been affected by domestic violence. To that end, speaking at one of National Equipment Finance Association “Women in Leasing Lunches and at a fundraiser hosted for Love Life Now Foundation by the National Equipment Finance Association about ending the domestic violence epidemic remain highlights.

She remains President of Love Life Now Foundation, Inc, as well as Editor-in Chief of Love Life Magazine since October 2015. She recently published an autobiography “The Legacy He Left Me,” (1) her survival from domestic abuse, and it has changed many of the conversations at industry events now.

Lovern is still active part-time as National Sales Executive at Boston Finance & Equity Corporation as well as part-time consultant in projects for the Certified Leasing and Finance Professional Foundation.

Deborah J. Monosson, President and CEO of Boston Finance & Equity Corporation, says. “To anyone that has met Lovern, you know she cannot be described in words. Her dedication to her foundation, Love Life Now, working with domestic abuse in and of itself tells you who Lovern is and why she is valuable and unique.”

https://lovelifenow.org/lovern-j-gordon/

1. https://www.amazon.com/gp/product/1734620730
   
   

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Previous Leasing Persons of the Year
Several for Careers of their Body of Work

2005  Paul J. Menzel, CLFP, Pacific Capital Bancorp.
http://www.leasingnews.org/archives/January%202006/01-03-06.htm#person

2006  Paul A. Larkins, Key Equipment Finance
http://www.leasingnews.org/archives/January%202007/01-03-07.htm#year

2007  Randall H. Brook, Sr. Attorney, Federal Trade Commission
http://www.leasingnews.org/archives/January%202008/01-07-08.htm#lpy

2008  Robert Teichman, CLFP, Teichman Training
http://www.leasingnews.org/archives/January%202009/01-05-09.htm#year

2009  Ralph Petta, COO, Equipment Leasing and Finance Association
http://leasingnews.org/archives/Jan2010/1_05.htm#poy

2010 Curt Ritter, CIT, VP, Communications/Media Relations
http://leasingnews.org/archives/Jan2011/1_04.htm#ritter

2011  John C. Deane, Sr. Mgr. Partner, The Alta Group
http://leasingnews.org/archives/Jan2012/1_04.htm#2011_poy

2012  Tony Golobic, President, GreatAmerica Financial Services
http://leasingnews.org/archives/Jan2013/1_07.htm#poy

2013  Bernard D. Boettigheimer, CLFP, Founder, Lease Police
http://leasingnews.org/archives/Jan2014/1_07.htm#poy

2014 Valerie Jester, President, Brandywine Capital Associates
https://leasingnews.org/archives/Jan2015/1_05.htm#jester

2015 Bruce Kropschot, The Alta Group
http://leasingnews.org/archives/Jan2106/01_06.htm#poy

2016 Reid Raykovich, CLFP, Certified Lease & Finance Professional Foundation
http://leasingnews.org/archives/Jan2017/01_04.htm#poy

2017 Deborah Monosson, President and CEO, Boston Financial& Equity Group
http://leasingnews.org/archives/Jan2018/01_03.htm#poy

2018 Gerald "Jerry" Parrotto, retired CEO/President, Molloy Associates; Publisher Monitor, ABF Journal
http://leasingnews.org/archives/Jan2019/01_03.htm#loy2018

2019  Monica Harper, Executive Director, American Association of Commercial Finance Brokers
https://leasingnews.org/archives/Jan2020/01_08.htm#poy

2020 Tom McCurnin, Attorney, Barton, Klugman & Oetting, Leasing News Legal Editor/Writer
https://leasingnews.org/archives/Jan2021/01_05.htm#poy

 

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Help Wanted Ads

Results from 2021 Compensation and Production Survey
Wheeler Business Consulting

In December 2021, Wheeler Business Consulting LLC conducted its sixth annual industry-wide compensation and production survey of originators. A total of 130 individuals participated in the survey. The sample group was made up of 29.2% bank originators, 50.0% originators from independent finance and leasing companies, and 20.8% from syndication/broker companies. The survey included 20.8% of originators with less than 5 years of experience, 11.2% of originators with 5 to 10 years of experience, and 68.0% with 10 years or more of experience. The survey consisted of 78.5% small ticket originators, 19.8% middle market originators and 1.7% large ticket originators. The survey confirmed that the commercial equipment leasing and finance industry remains a lucrative opportunity for originators. Below are detailed charts developed from the survey:

Originators' Compensation
Originator's incomes in 2021 increased from 62.8% of originators having incomes above $125.0K in 2020 to 71.9% of originators having incomes above $125.0K in 2021. Originators with incomes above $300.0K increased from 25.6% in 2020 to 30.6% in 2021.

Originators' Production
Production also increased significantly with 60.1% of all originators funding above $10.0M in 2021 compared to 54.8% funding above $10.0M in 2020. Originators funding above $25.0M in 2021 stayed relatively flat compared to 2020 with 32.7% of surveyed originators funding above $25.0M in 2021. Lower-level productions (less productive originators) are decreasing with only 20.4% of originators funding less than $5.0M in 2021 compared to 25.7% in 2020.

Additional information from the Survey:

Scott A. Wheeler, CLFP
Wheeler Business Consulting
1314 Marquis Ct.
Fallston, Maryland 21047
Phone: 410 877 0428
Fax: 410 877 8161
Email: scott@wheelerbusinessconsulting.com
Web: www.wheelerbusinessconsulting.com

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Visualizing the $94 Trillion
World Economy in One Chart

click image to view larger

Full Story:
https://www.visualcapitalist.com/visualizing-the-94-trillion-world-economy-in-one-chart

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Crypto Investors Will Soon Realize that Currency
Was Created for Control, Not Convenience
By Dr. Dan Geller

Never in recorded history, from biblical time to today, did any emperor, king, queen, ruler, dictator or elected president relinquish control of their currency for the simple reason that the treasury pays for the military, and the military protects the hand that feeds it. Most military conflicts and conquests were done either to expand or to protect the currency and the treasury, from the early discoverers of the New World, to today’s petro-dollar conflicts.

The only way a crypto currency will be allowed to survive is if it is linked to a fiat currency such as the Stable coin to the U.S. dollar. All other “floating” crypto coins will either become a commodity or a collector’s item. Investors, who are speculating that crypto coins will become the fiat currency of major countries, are ignoring the fact that currencies were created for control, not convenience. It’s time to tell the Emperor he has no clothes.

Dr. Dan Geller
Behavioral Economist
for Financial Services
Analyticom LLC
drgeller@analyticom.com
www.analyticom.com
415-891-3093

Black and Tan Coonhound Mix
Boston, Massachusetts  Adopt-a-Dog

Roxy

Female
1 Year old
Location: Nevins Farm

Meet Roxy

Super smart, athletic, adorable, with a smidge of sass! If this description has caught your eye, Roxy might be just the gal for you. This one year old beauty is chock full of potential and someone that loves to train using positive reinforcement, will hit the jackpot. Roxy is an extremely intelligent dog that needs appropriate and consistent guidance to work on her manners, with an emphasis on patience. She will be a great adventure buddy, joining you for hikes and maybe even a swim in your favorite lake. Although Roxy is not a candidate for daycare or dog parks, she should be able to eventually have a well selected dog friend or two to play with. She may able to live with a very tolerant, playful dog in her new home, but no feline friends, please. This enthusiastic girl does need to be in an adult only home. There is no doubt that Roxy will achieve superstar, best girl ever status with someone who enjoys training and needs a new buddy. If you think she’s a great match for your lifestyle, please start by filling out the adoption inquiry form in the link below.
http://www.mspca.org/nevinsadoptioninquiry

MSPCA Angell
Boston Adoption Center
350 Huntington Avenue
Boston, MA 02130
617-522-5055
adoption@mspca.com
https://www.mspca.org/adoption-centers/boston-adoption-center/

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MoonX Red Blend 2020 – California
By Kevan R. Wilkinson, Leasing News Wine Reviewer

My wife and I started the New Year with a great-tasting red wine that is priced at $6.99 a bottle – the MoonX Red Blend 2020. I researched online and found that MoonX is a Trader Joe’s exclusive vinted and bottled by “Trader Moon Wine Company.” The wine specialist at my local Trader Joe’s said, “We can’t keep the MoonX red blend on our shelves – it sells out in two weeks.” So, my wife and I got a few bottles, not knowing what to expect, but it was worth trying at $6.99.

Upon opening, the MoonX doesn’t have a powerful aroma, but it will fool you on your first sip. It has a lot – I mean, a lot of fruit flavor that leans heavily toward the sweet side. It is not a dark or heavy fruit flavor but rather sweet and balanced. I tasted notes of raspberry and blackberry, vanilla, winter spice, and a hint of grandma’s cocoa. The MoonX red blend is a pinnacle of affordable red blends, and I highly recommend it – if you can find it. Available exclusively at Trader Joe’s for $6.99/bottle.

Kevan R. Wilkinson | Digital Content Manager | BALBOA CAPITAL | kevanrw@balboacapital.com| www.balboacapital.com

Wine Reviews
https://leasingnews.org/Pages/wine_reviews.html

News Briefs---

Jury finds Theranos ex-CEO Holmes guilty
     of 4 of 11 fraud charges
https://www.sfchronicle.com/tech/article/Jury-deadlocked-on-three-charges-in-trial-of-16746404.php

Apple becomes first company to hit
$3 trillion market value
https://www.reuters.com/markets/europe/apple-gets-closer-3-trillion-market-value-2022-01-03/

Tesla shares surge after carmaker delivers
record number of vehicles
https://www.ft.com/content/ad6d68b0-0171-4f24-9076-d778babf6fed

Electric cars hit 65% of Norway sales
as Tesla grabs overall pole
https://www.reuters.com/business/autos-transportation/electric-cars-take-two-thirds-norway-car-market-led-by-tesla-2022-01-03/

Amy Schneider Wins the Most Consecutive ‘Jeopardy!’
Games of Any Female Contestant
https://www.nytimes.com/2021/12/30/arts/television/amy-schneider-jeopardy.html

Where and When Did American Move in 2021
United Van Lines 45 Annual National Movers Study
https://www.prnewswire.com/news-releases/where-and-why-did-americans-move-in-2021-united-van-lines-45th-annual-national-movers-study-reveals-the-top-states-people-moved-to-and-from-301452524.html

Time to ditch that cloth mask? California public health
officials recommend upgrading
https://www.sacbee.com/article257016567.html
 

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You May Have Missed---

What Do You Think You Should Be Paid?
  Common Job Interview: It Can also be a Trap!
https://www.nytimes.com/2021/12/30/business/salary-negotiation-pay.html

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Sports Briefs---

The Raiders can make playoffs even without
     beating Chargers in Week 18
https://www.yahoo.com/sports/raiders-playoffs-even-without-beating-021213255.html

Tony Dungy says Antonio Brown shouldn't get
another shot in NFL 'until he gets some help'
https://www.yahoo.com/news/tony-dungy-says-antonio-brown-023237991.html

Hot Wild-Card Teams NFL Contenders
Will Want to Avoid in 2021 Playoffs
https://bleacherreport.com/articles/2952019-hot-wild-card-teams-nfl-contenders-will-want-to-avoid-in-2021-playoffs

Tom Brady was right
https://www.courthousenews.com/tom-brady-was-right/

Lance shakes off rough start to lead 49ers
to victory; 5 Burning questions answered
https://49ers.pressdemocrat.com/lance-shakes-off-rough-start-to-lead-49ers-to-victory-5-burning-questions-answered/

Odds Makers Predict NFL Final Week
Challenges for the Oddsmakers
https://www.prnewswire.com/news-releases/nfls-first-ever-week-18-will-provide-challenges-for-oddsmakers-that-are-unique-to-the-seasons-final-week-according-to-thelinescom-301452819.html

Aaron Rodgers relationship with Packers ‘improved’,
front office wants him back in 2022
https://www.theredzone.org/Blog-Description/EntryId/20123/Aaron-Rodgers-relationship-with-Packers--improved---front-office-wants-him-back-in-2022

Raiders CB Nate Hobbs arrested for DUI in Las Vegas
https://www.theredzone.org/Blog-Description/EntryId/20124/Raiders-CB-Nate-Hobbs-arrested-for-DUI-in-Las-Vegas

Cowboys WR Michael Gallup suffers season-ending torn ACL
https://www.usatoday.com/story/sports/nfl/cowboys/2022/01/03/dallas-cowboys-michael-gallup-injury-knee-torn-acl/9081027002/

12 Eagles players, including Jason Kelce, Fletcher Cox,
     headed to Reserve/COVID-19 list
https://www.theredzone.org/Blog-Description/EntryId/20126/12-Eagles-players--including-Jason-Kelce--Fletcher-Cox--headed-to-Reserve-COVID-19-list

Historic 100th Anniversary of Dr. Charles F. West
The First Black Quarterback to Play in the Rose Bowl
https://www.prnewswire.com/news-releases/100th-anniversary-of-historic-game-by-dr-charles-f-west-the-first-black-quarterback-to-play-in-rose-bowl-game-301447648.html

Sharks' Bob Boughner looks at shaking up
defense after blowout loss to Penguins
https://www.pressdemocrat.com/article/sports/sharks-boughner-looks-at-shaking-up-defense-after-blowout-loss-to-penguins/

[headlines]
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California Nuts Briefs---

Judge: Probation didn’t reform PG&E
https://www.courthousenews.com/judge-probation-didnt-reform-pge/

Lorena Gonzalez will leave the Assembly to lead
one of California’s most powerful unions
https://www.sacbee.com/news/politics-government/capitol-alert/article257022647.html#storylink=mainstage_lead


[headlines]
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"Gimme that wine"

The Most Exciting Tasting Room Openings of 2021
https://www.sonomamag.com/the-most-exciting-tasting-room-openings-of-2021/?gSlide=1&utm_id=a2l0bWVua2luQGxlYXNpbmduZXdzLm9yZw==

Best of Unfiltered 2021
https://www.winespectator.com/articles/best-of-unfiltered-2021

“Gimme that Wine”
http://www.youtube.com/watch?v=EJnQoi8DSE8

Free Wine App
https://www.nataliemaclean.com/mobileapp/

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

This Day in History

     1493 – Christopher Columbus left the New World on return from his first voyage.       
1754 – Columbia University was founded as Kings College.
    1780 - A snowstorm hits Washington's army at Morristown, New Jersey.
    1790 – President address. George Washington delivered the first State of the Union   
1838 - Charles Sherwood Stratton (d. 1883), known as “Tom Thumb,” perhaps the most famous midget in history, was born at Bridgeport, CT. He eventually reached a height of three feet, four inches and a weight of 70 pounds. Discovered by P.T. Barnum in 1842, Stratton, as “General Tom Thumb,” became an internationally known entertainer and performed before Queen Victoria and other heads of state. On Feb 10, 1863, he married another midget, Lavinia Warren.
    1847 - Samuel Colt rescues the future of his faltering gun company by winning a contract to provide the U.S. government with 1,000 of his .44 caliber revolvers. Before Colt began mass-producing his popular revolvers in 1847, handguns had not played a significant role in the history of either the American West or the nation as a whole. With the help of Eli Whitney and other inventors, Colt developed a system of mass production and interchangeable parts for his pistols that greatly lowered their cost. Though never cheap, by the early 1850s, Colt revolvers were inexpensive enough to be a favorite with Americans headed westward during the California Gold Rush. Between 1850 and 1860, Colt sold 170,000 of his "pocket" revolvers and 98,000 "belt" revolvers, mostly to civilians looking for a powerful and effective means of self-defense in the Wild West.
    1863 - Union General Henry Halleck, by direction of President Abraham Lincoln, orders General Ulysses Grant to revoke his infamous General Order No. 11 that expelled Jews from his operational area.
    1865 - The NYSE opened its first permanent headquarters at 10-12 Broad in New York City.
    1869 - The first School for blind African-American students was the state School for the Blind and the Deaf, opened in Raleigh, NC, with 26 pupils.  
    1888 - Sacramento, CA, received 3.5 inches of snow, an all-time record for that location. The heaviest snow in recent history was two inches on February 5th in 1976.
    1889 - The Oklahoma Land Rush opened 2 million acres of former Indian Territory in Oklahoma Territory to first serve first come settlers on April 22.
    1893 - President Benjamin Harrison issued a proclamation granting full amnesty and pardon to all persons who had since November 1, 1890, abstained from unlawful cohabitation of a polygamous marriage. This was intended in the main for a specific group of elderly Mormons who had continued in the practice of contracting serial marriages. Amnesty was based on the condition that those pardoned must obey the law in the future or be “vigorously prosecuted." The practice of polygamy as a factor interfering with attainment of statehood for Utah.
    1896 - Six years after Wilford Woodruff, president of the Mormon Church, issued his Manifesto reforming political, religious, and economic life in Utah, the territory is admitted into the Union as the 45th state. In 1823, Vermont-born Joseph Smith claimed that an angel named Moroni visited him and told him about an ancient Hebrew text that had lost been lost for 1,500 years. The holy text, supposedly engraved on gold plates by a Native-American historian in the fourth century, related the story of Jewish peoples who had lived in America in ancient times. Over the next six years, Smith dictated an English translation of this text to his wife and other scribes, and in 1830, The Book of Mormon was published. In the same year, Smith founded the Church of Christ, later known as the Church of Jesus Christ of Latter-day Saints, in Fayette, New York. The religion rapidly gained converts and Smith set up Mormon communities in Ohio, Missouri, and Illinois. However, the Christian sect was also heavily criticized for its unorthodox practices and on June 27, 1844, Smith and his brother were murdered in a jail cell by an anti-Mormon mob in Carthage, Illinois. Two years later, Smith's successor, Brigham Young, led an exodus of persecuted Mormons from Nauvoo, Illinois, along the western wagon trails in search of religious and political freedom. In July 1847, the 148 initial Mormon pioneers reached Utah's Valley of the Great Salt Lake. Upon viewing the valley, Young declared: "This is the place," and the pioneers began preparations for the tens of thousands of Mormon migrants who would follow. In 1850, President Millard Fillmore named Young the first governor of the territory of Utah, and the territory enjoyed relative autonomy for several years. Relations became strained, however, when reports reached Washington that Mormon leaders were disregarding federal law and had publicly sanctioned the practice of polygamy. In 1857, President James Buchanan removed Young, a polygamist with over 20 wives, from his position as governor, and sent U.S. army troops to Utah to establish federal authority. Tensions between the territory of Utah and the federal government continued until Wilford Woodruff, the president of the Mormon Church, issued his Manifesto in 1890, renouncing the traditional practice of polygamy, and reducing the domination of the church over Utah communities. Six years later, the territory of Utah was granted statehood.
    1901 - The Baltimore American League baseball club incorporated, with John McGraw as manager and part owner.  Pay attention here as this team has no relation to the current Orioles, aside from the name.  These Orioles played in the AL in Baltimore in 1901-2.  During the 1902 season, AL President Ban Johnson took control as the team had difficulty fielding nine players and financial difficulties.  During the 1902 off-season, the league sold the team to Frank Farrell and Bill Devery for $18,000.  They moved the team to New York, renaming them the Highlanders.  In 1913, they became the Yankees.  Alternately, the St. Louis Browns, who started in the American League as the Milwaukee Brewers, were sold in 1953 to an investment group that included Baltimore mayor Tom D’Alessandro (Nancy Pelosi’s father) who moved the team to Baltimore and named them the Orioles where they remain.
    1915 - Moses Alexander of Idaho, a Democrat, became the first governor in the United States who was Jewish. He served from January 4, 1915 to January 6, 1919.
    1916 – Birthday of guitarist Sam Gaillard (d. 1991), Detroit, MI.
    1922 – Jazz tenor and flute player Frank Wess (d. 2013) birthday, Kansas City, MO.
http://www.npr.org/programs/btaylor/pastprograms/fwess.html
    1926 - "Billboard" Magazine published the first list of best-selling pop records, covering the week that ending 1935. On the list were recordings by the orchestras of Tommy Dorsey and Ozzie Nelson.
    1930 - Don Shula (d. 2020), Pro Football Hall of Fame coach and former player, born Painesville, Ohio.  Head coach in the NFL from 1963 to 1995, mostly with the Miami Dolphins. Shula is the NFL's winningest head coach, compiling 347 career victories and 328 regular-season victories. He held his first head coaching position with the Baltimore Colts, whom he led for seven seasons, and spent his next 26 seasons with Miami. Shula had only two losing seasons during his 33 years as a head coach and led the Dolphins to two consecutive Super Bowl titles in Super Bowls VII and VIII.  His first Super Bowl title during 1972 is the only perfect season in NFL history. Shula was the first head coach to appear in six Super Bowls.
    1935 - Bob Hope was first heard on network radio as part of "The Intimate Revue."
    1935 - Heavyweight champion Floyd Patterson (d. 2006) born Waco, NC. He twice reigned as the world heavyweight champion between 1956 and 1962. At the age of 21, he became the youngest boxer in history to win the title and was also the first heavyweight to regain the title after losing it. As an amateur, he won a gold medal in the middleweight division at the 1952 Summer Olympics. In 1956 and 1960, Patterson was voted Fighter of the Year and he was inducted into the International Boxing Hall of Fame in 1991.
    1942 - British jazz-rock guitarist John McLaughlin was born, Doncaster, England. He first gained recognition for his work on Miles Davis's "Bitches' Brew" album, and later formed the Mahavishnu Orchestra. This group did much in the 1970's to promote the idea of fusing jazz and rock music.
    1942 – Rogers Hornsby became the 14th player selected to the Hall of Fame. Hornsby's offensive numbers rival those of any player before or since. He and Ted Williams are the only players to win the Triple Crown twice, and Hornsby's .424 mark in 1924 is the highest NL batting average in the 20th century.
    1943 – Birthday of historian Doris Kearns Goodwin, Brooklyn, NY.  Goodwin has written biographies of several U.S. presidents, including “Lyndon Johnson and the American Dream;” “The Fitzgeralds and the Kennedys: An American Saga;” “Team of Rivals:  The Political Genius of Abraham Lincoln;” “The Bully Pulpit:  Theodore Roosevelt, William Howard Taft, and the Golden Age of Journalism.” Goodwin's book, “No Ordinary Time: Franklin and Eleanor Roosevelt:  The Home Front in World War II” won the Pulitzer Prize for History in 1995. 
1944 - San Francisco Giants' Tito Fuentes born Havana, Cuba.
    1945 - JACHMAN, ISADORE S., Medal of Honor
Rank and organization: Staff Sergeant, U.S. Army, Company B, 513th Parachute Infantry Regiment. Place and date: Flamierge, Belgium, 4 January 1945. Entered service at: Baltimore, Md. Birth: Berlin, Germany. G.O. No.: 25, 9 June 1950. Citation: For conspicuous gallantry and intrepidity above and beyond the call of duty at Flamierge, Belgium, on 4 January 1945, when his company was pinned down by enemy artillery, mortar, and small arms fire, 2 hostile tanks attacked the unit, inflicting heavy casualties. S/Sgt. Jachman, seeing the desperate plight of his comrades, left his place of cover and with total disregard for his own safety dashed across open ground through a hail of fire and seizing a bazooka from a fallen comrade advanced on the tanks, which concentrated their fire on him. Firing the weapon alone, he damaged one and forced both to retire. S/Sgt. Jachman's heroic action, in which he suffered fatal wounds, disrupted the entire enemy attack, reflecting the highest credit upon himself and the parachute infantry.
    1948 - Top Hits
“Ballerina” - Vaughn Monroe
“How Soon” - Jack Owens
“Serenade of the Bells” - The Sammy Kaye Orchestra (vocal: Don Cornell)
“I’ll Hold You in My Heart (Till I Can Hold You in My Arms)” - Eddy Arnold
    1950 - Two years after Columbia Records introduces the long-playing record, RCA announces its intention to follow suit.
    1954 - A young truck driver named Elvis Presley enters the Memphis Recording Service in Memphis, TN, ostensibly to record a song for his mother's birthday (which was, in reality, many months away). He records "Casual Love Affair" and "I’ll Never Stand in Your Way." It was this recording that would lead MRS head Sam Phillips to call Presley back to record for his Sun Records label.
1956 - Top Hits
“Memories are Made of This” - Dean Martin
“The Great Pretender” - The Platters
“Band of Gold” - Don Cherry
“Sixteen Tons” - Tennessee Ernie Ford
    1957 - On NBC's “The Steve Allen Show,” former heavyweight boxing champ Joe Louis introduces the world to singer Solomon Burke, who performs Louis' song "You Can Run, But You Can't Hide."
    1957 - Elvis Presley reports for his pre-induction Army physical in Memphis.
    1957 - The Brooklyn Dodgers, very close to moving to LA, bought a 44-passenger twin-engine airplane for $775,000, which they will use to transport the club during the season. The Dodgers are the first Major League team to own their own plane.
    1958 – Russia’s Sputnik I falls to Earth from orbit.
    1959 - “College Bowl” premiered on TV. Originally, a quiz show on CBS. Two colleges sent a team of their best and brightest to the academic competition. “College Bowl” was sponsored by General Electric and hosted by Allen Ludden (1959—62) and Robert Earle (1962—70). More recent incarnations of ”College Bowl” have appeared on NBC and Disney with Pat Sajak and Dick Cavett as hosts.
    1960 - Marty Robbins' "El Paso" hits #1
    1964 - Bobby Vinton's "There! I've Said it Again" hits #1
    1964 - Top Hits
“There! I’ve Said It Again” - Bobby Vinton
“Louie Louie” - The Kingsmen
“Forget Him” - Bobby Rydell
“Love’s Gonna Live Here” - Buck Owen
    1965 - Leo Fender sells Fender Guitars to CBS for $13 million.
    1970 - The Minnesota Vikings became the first expansion team to win the NFL title when they defeated the Cleveland Browns 27-7 in Minneapolis. The Vikings went on to lose Super Bowl IV to the Kansas City Chiefs.
    1970 - The Kansas City Chiefs, aided by four interceptions, defeated the Oakland Raiders 17-7, in the last American Football League Championship game. The Chiefs went on to defeat the Minnesota Vikings in Super Bowl IV.
    1970 - Keith Moon of The Who accidentally runs over his chauffeur, Neil Boland, killing him. Apparently, Moon's car was under attack from some unruly teenagers, and when Boland jumped out to get them to move, Moon, in a panic, got behind the wheel to drive the car away himself.  Unfortunately, the crowd had since pushed Boland under the car.
    1971 - Gerald Garrison Hearst, great 49er, number 20, born Lincolnton, Ga.
    1971 - A blizzard raged from Kansas to Wisconsin, claiming 27 lives in Iowa. Winds reached 50 mph, and the storm produced up to 20 inches of snow.
    1972 - Top Hits
“Brand New Key” - Melanie
“American Pie” - Don McLean
“An Old Fashioned Love Song” - Three Dog Night
“Kiss an Angel Good Mornin’” - Charley Pride
    1974 - In a NHL game between the Boston Bruins and the Minnesota North Stars, Bruins winger Dave Forbes punched Henry Boucha, fracturing his cheekbone and opening a cut that required 30 stitches to close Forbes was later indicted for using “excessive force,” becoming the first professional athlete to be prosecuted for actions taken during a game. His trial that summer ended in a hung jury after which all charges were dropped.
    1974 - President Richard Nixon refuses to hand over tape recordings and documents that had been subpoenaed by the Senate Watergate Committee. Marking the beginning of the end of his Presidency, Nixon would resign from office in disgrace eight months later.
    1975 - Phoebe Snow's "Poetry Man" enters the pop charts
    1975 - Elton John's "Lucy in the Sky with Diamonds" hits #1
    1977 – Mary Shane was hired by the Chicago White Sox as the first woman TV play-by-play announcer in the Majors.
    1980 - Top Hits
“Escape” (“The Pina Colada Song”) - Rupert Holmes
“Please Don’t Go” - K.C. & The Sunshine Band
“Send One Your Love” - Stevie Wonder
“Happy Birthday Darlin’” - Conway Twitty
    1982 - Milwaukee, WI, was shut down completely as a storm buried the city under 16 inches of snow in 24 hours. It was the worst storm in thirty-five years.
    1984 – “Night Court" premiered on television. The original cast included Harry Anderson as Judge Harry T. Stone, John Larroquette as prosecutor Dan Fielding, Richard Moll as court officer Bull Shannon, and Selma Diamond as court officer Selma Hacker.  Karen Austin as clerk Lana Wagner and Paula Kelly as public defender Liz Williams were gone after one season, Ellen Foley then became PD Billie Young but was replaced by Markie Post in 1985 as PD Christine Sullivan. Charles Robinson joined the cast as clerk Mac Robinson in 1985. Diamond died in 1985 and Florence Halop, who then appeared as court officer Florence Kleiner, died in 1986. Marsha Warfield was then brought aboard as Court Officer Roz Russell. Mel Tormé made a few appearances as himself, Harry’s idol. The last telecast was July 1, 1992.
    1984 - The last Van Halen album with David Lee Roth as lead singer, "1984,” was released. Sammy Hagar was Roth's replacement.
    1985 - To honor team president and former coach Arnold “Red” Auerbach, the Boston Celtics retired uniform number 2 in a ceremony prior to a game against the New York Knicks. Auerbach begin coaching the Celtics in 1950-51 and led them to 16 NBA championships as coach, general manager and president.
    1985 - The Cowboys play their record 36th postseason game, but Eric Dickerson steals the show, rushing for a playoff-record 248 yards and two touchdowns to lead the Los Angeles Rams to a 20-0 victory over Dallas.
    1987 - A storm moving off the Pacific Ocean spread wintery weather across the southwestern U.S., with heavy snow extending from southern California to western Wyoming. Up to 15 inches of snow blanketed the mountains of southern California, and rainfall totals in California ranged up to 2.20 inches in the Chino area.
    1988 - Frigid arctic air invading the central and eastern U.S. left Florida about the only safe refuge from the cold and snow. A storm in the western U.S. soaked Bodega Bay in central California with 3.12 inches of rain.
    1988 - Top Hits
“Faith” - George Michael
“So Emotional” - Whitney Houston
“Got My Mind Set on You” - George Harrison
“Somewhere Tonight” - Highway 101
    1989 - Up to a foot of snow blanketed the mountains of West Virginia, and strong winds in the northeastern U.S. produced wind chill readings as cold as 60 degrees below zero in Maine. Mount Washington, NH reported wind gusts to 136 mph along with a temperature of 30 below zero!
    1990 - A winter storm moving out of the southwestern U.S. spread heavy snow across Nebraska and Iowa into Wisconsin. Snowfall totals in Nebraska ranged up to 7 inches at Auburn and Tecumseh. Totals in Iowa ranged up to 11 inches at Carlisle. In Iowa, most of the snow fell between midnight and 4 AM.
    1990 - Feminists' long-sought family leave program became a reality in New Jersey when Governor Jim Florio signed a bill that requires employers to give their employees up to 12 weeks off to care for a newborn or adopted child, or for an ill or injured immediate family member. The leave is unpaid, but health insurance and other benefits stay in effect and the furloughed workers would be guaranteed their old job or its equivalent. President Bill Clinton would get the same basic bill passed by the U.S. Congress three years later. Women who usually act as the family caretakers in time of sickness are the workers with the most need for these laws.
    1994 - A major winter storm blanketed much of the northeastern U.S. with heavy snow. More than two feet was reported in northwestern Pennsylvania, with 33 inches at Waynesburg. There were ten heart attacks, and 185 injuries, related to the heavy snow in northwest Pennsylvania. Whiteout conditions were reported in Vermont and northeastern New York State. A wind gusts to 75 mph was clocked at Shaftsbury, VT. In the Adirondacks of eastern New York State, the town of Tupper reported five inches of snow between 1 PM and 2 PM
    1995 - Rep. Newt Gingrich (R-GA) was formally elected Speaker of the U.S. House of Representatives. He was the first Republican to hold the post in 40 years and the first Georgia Speaker in over 100 years.
    1999 - Minnesota inaugurated pro wrestler Jesse Ventura as its 38th governor. The only Reform Party candidate to ever win statewide office, Ventura had shocked the political establishment by defeating Attorney General Hubert H. (Skip) Humphrey III and St. Paul Mayor Norm Coleman in an upset victory.
    2000 - The NASDAQ composite index was hit for its worst point loss, falling more than 229 points (5.6 percent) to 3,901. The market appeared to be concerned about future Fed rate hikes. The Dow Jones Industrial Average plunged 359 points (3.2 percent) to 10,997.
    2007 - Nancy Pelosi is elected Speaker of the House, by a vote of 233-202.  She became the first female Speaker in history.
    2014 - Record-low temperatures are expected in the U.S. due to a 'polar vortex'.  Forecasters anticipate this tunnel of cold air funneling all the way from the North Pole to the U.S. could bring temperatures as low as 15 degrees in Chicago and 25 below zero in Fargo, North Dakota.
2018 – A ‘bomb cyclone’ hit the Northeast, prompting flooding and snow in the New York City subway system.  Bombogenesis, a popular term used by meteorologists, occurs when a midlatitude cyclone rapidly intensifies, dropping at least 24 millibars over 24 hours. A millibar measures atmospheric pressure. This can happen when a cold air mass collides with a warm air mass, such as air over warm ocean waters. The formation of this rapidly strengthening weather system is a process called bombogenesis, which creates what is known as a bomb cyclone.