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Monday, July 31, 2023


Today's Leasing News Headlines

DO IT
    Placard
Look Out! New York Commercial Finance Disclosure Law
   in Effect
Tomorrow, August 1, 2023
    Plus Current List of States’ Effective Disclosure Laws
North Mill Equipment Finance Attempt to Acquire
    IOU Financial - The Inside Story
Leasing and Finance Industry Help Wanted
  Highly Trained Operation Staff/Work from Home
    Excellent Compensation/Marketing Support
Skills That Make You Promotable
    By Ken Lubin, ZRG Partners
Top Ten Leasing News Read by Readers
    July 24 to July 28
Wintrust Financial Sailing Team Second Win
    in Race to Mackinac Island in Michigan
ELFA Releases 2023 Software Guide
  For Members and Non-Members
    Highlighting Solutions
Labrador Retriever/Mixed Breed
    Fort Collins, Colorado  Adopt-a-Dog
Federal Fund Rate Drives All Interest Rates Up
    Especially to Credit Card Holders
News Briefs ---
Trucking Giant Yellow Shuts Down Operations
    99-year-old company with 22,000 Teamsters
Elon Musk’s Unmatched Power in the Stars
    The dominant power in satellite internet
Mounting job vacancies push state and
    local governments into a wage war for workers
Home Insurers Are Charging More and Insuring Less
    Industry tries to rebound from years of losses

You May Have Missed --
Ranked: The Most Profitable United States
  Companies, by Sector

Broker/Funder/Industry Lists | Features (wrilter's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months
Sales Make It Happen

Sports Briefs
   California News
    "Gimme that Wine"
 This Day in History
  SuDoku
   Daily Puzzle
    GasBuddy
     Weather, USA or specific area
      Traffic Live----
       Wordle

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

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Look Out! New York Commercial Finance Disclosure Law
in Effect
Tomorrow, August 1, 2023
Current List of State’s Effective Disclosure Laws

New York Financial Disclosure Bill (PDF)
https://www.dfs.ny.gov/system/files/documents/2023/01/rf_finservices_23nycrr600_text.pdf 



A State-by-State Analysis of License Requirements for Lenders and Brokers
https://leasingnews.org/Pages/states_license.html

  • Virginia’s sales-based financing disclosure law – Went into effect July 1, 2022
  • California’s commercial financing disclosures – Went into effect December 9, 2022.
  • Utah’s commercial financing disclosures – Went into effect January 1, 2023.
  • Florida Disclosure Law and Broker Law  - Went into effect July 1, 2023
  • New York’s commercial financing disclosure law – Goes into effect August 1, 2023
  • Connecticut commercial financing disclosure laws – Goes into effect January 1, 2024
  • Georgia’s commercial financing disclosure laws – Goes into Effect January 1, 2024

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North Mill Equipment Finance Attempt to Acquire
IOU Financial - The Inside Story

North Mill Equipment Finance has offered to acquire in cash at C$0.28 per share, all outstanding shares of IOU Financial Inc., a publicly-traded company, through a Exchange of stock on the Toronto Venture Exchange (TSX Venture Exchange (TSXV : IOU). An agreement to be determined. The acquisition price offered was at a 27% premium to the C$0.22 price per share agreed to by IOU and a group of inside shareholders, representing 46.1% of the issued and outstanding shares of IOU as announced on July 14, 2023. IOU stock closed the week at C$0.27 per share.


David C. Lee, Chairman and CEO of NMEF, said, "IOU has traded publicly on the Toronto Venture Exchange for well over a decade even though 100% of its operations and assets are located in the United States. We believed that the stock price of IOU over the past 5 years has suffered from its lack of trading liquidity and lack of access to growth capital.

"We approached IOU in Quarter 3, 2022, and proposed a transaction to their Board of Directors at a substantial premium to then the public trading price. For reasons that were not communicated to us, our overtures were summarily dismissed. We were flabbergasted when we read on July 14, that a group of inside shareholders, controlling 46% of the stock, had signed an agreement with the Board of IOU to purchase the public shares outstanding at a substantial discount to the pricing we had indicated less than a year ago.

"Because we felt that the Board had agreed to a 'sweetheart’ deal with insiders at too low of a price and that the Board had essentially put the Company in play as being for sale, we made an offer publicly to their Board that we would be a buyer at a 27% premium to the price per share announced. We do not yet know the actions, if any, that the Board and the insider shareholders will take in response to our offer.

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Leasing and Finance Industry Help Wanted
  We Are Growing Our Senior Sales Team Now!
www.topmarkfunding.com/careers


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Skills That Make You Promotable
By Ken Lubin, ZRG Partners

Getting promoted usually requires showing you have the right skills for the next level. While technical expertise in your field matters, developing key soft skills is often what sets promotable employees apart. Here are some of the top skills that can lead to career advancement.

Communication Skills: Strong verbal and written communication skills allow you to effectively share ideas, report on progress, and keep stakeholders informed. Promotable employees can adapt their communication style to any audience and deliver messages clearly. Take opportunities to speak up in meetings, create presentations, or write memos to display these skills.

Leadership Abilities: Leadership involves motivating and guiding teams toward success. Demonstrate you can manage projects and people by stepping up for leadership roles. Offer to train new hires, lead a committee, or delegate tasks to develop these skills for promotion.

Adaptability: The modern workplace evolves quickly, so adaptability is key. Look for chances to learn new systems, work with different groups, and take on new challenges. Being flexible and willing to adjust on the fly shows you can handle greater responsibilities.

Problem-Solving Skills: Analyzing issues and finding solutions is a critical strength for promotion. Approach problems proactively and think creatively to fix them. Outline the steps you took to overcome setbacks in reports to highlight these skills.

Time Management: Juggling increasing responsibilities requires excellent time management. Use tools to stay organized, prioritize tasks, and work efficiently. Meet deadlines, avoid procrastination, and show you can take on more work while maintaining productivity.

Continuous Learning: Eagerness to keep improving your skills shows potential for advancement. Take on new assignments, ask for trainings, read industry books, and stay on top of technological advances in your field.

Getting recognized for your contributions and skill development is key to rising in your career. Focus on demonstrating these promo-worthy abilities whenever you can. With time and patience, your efforts will lead to bigger roles.


Ken Lubin, Managing Director
ZRG Partners, LLC
Americas I EMEA I Asia Pacific
C: 508-733-4789
https://www.linkedin.com/in/klubin/

The Ultimate Hire Collections:
http://leasingnews.org/Conscious-Top%20Stories/ultimate.html


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Top Ten Leasing News Read by Readers
July 24 to July 28

(1) Bad News, Chief
Placard
https://leasingnews.org/archives/Jul2023/07_26.htm#nm

(2) Slow and Steady Wins the Race:
  Building Your Career Methodically
By Ken Lubin, ZRG Partners
https://leasingnews.org/archives/Jul2023/07_28.htm#slow

(3) New Hires/Promotions in the Leasing Business
and Related Industries
https://leasingnews.org/archives/Jul2023/07_24.htm#hires

(4) New Hires/Promotions in the Leasing Business
and Related Industries
https://leasingnews.org/archives/Jul2023/07_28.htm#hires

(5) Why Companies Struggle to Attract Top Talent
By Ken Lubin, ZRG Partners
https://leasingnews.org/archives/Jul2023/07_24.htm#why

(6) Story Credit Financing - Updated
Business Loans, SBA Loans, Working Capital
https://leasingnews.org/archives/Jul2023/07_28.htm#sc

(7) Facing Big Storm Losses,
Insurers Aim to Boost Rates
https://www.wsj.com/articles/facing-big-storm-losses-insurers-aim-to-boost-rates-f70211d6

(8) North Mill Equipment Finance Offers
  to Purchase IOU Financial
(Ticker Symbol IOU on the TSX Venture Exchange)
https://leasingnews.org/archives/Jul2023/07_26.htm#nm

(9) Shark Tank’s Daymond John granted permanent
restraining order against former contestant
https://www.etonline.com/shark-tank-star-daymond-john-granted-restraining-order-against-former-contestants-208515

(10) In Less Than a Decade, Americans Will
be Priced Out of These Cities
https://themreport.com/news/data/07-18-2023/in-less-than-a-decade

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Wintrust Financial Sailing Team Second Win
in Race to Mackinac Island in Michigan

Wintrust Sailing Team Placing first their class!

Second year in a row that they have competed in the Race to Mackinac and the second year in a row they have won their class.


Nick Gibbons, CLFP, Vice President of Business Development, Wintrust Specialty Finance, said, “What a terrific team of sailors! It has been a great honor to lead the Wintrust Sailing Team again this year. I could not be happier with our result and to be a part of Wintrust Financial and Sic Parvis Magna."

 

 

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

ELFA Releases 2023 Software Guide
 For Members and Non-Members
Highlighting Solutions for the Equipment Finance Industry

Washington, D.C. – The increasing reliance on technology by equipment finance companies in virtually every aspect of their businesses makes investment in software solutions a critical consideration. To assist in the decision-making process, the Equipment Leasing and Finance Association have released its 2023 ELFA Software Guide to assist in the decision-making process.

The 2023 ELFA Software Guide includes:

  • Checklist for Evaluating Your Software Solution – What to consider when selecting software for your business, from defining your strategic goals to assessing the software’s flexibility to support growth.
  • Solving Technology Puzzles – For equipment finance companies looking to take a step forward on their path toward a digitally optimized business, key themes to consider.
  • Get Ready for Section 1071 - Access resources to prepare for new data collection and reporting requirements on the association’s "Section 1071" industry topic page.

Access the 2023 ELFA Software Guide
Visit the ELFA website to access the 2023 ELFA Software Guide, including detailed listings for 20 software vendors and links to the latest ELFA technology resources. Browse the digital publication and search the online listing at http://apps.elfaonline.org/directories/software/.

About ELFA
The Equipment Leasing and Finance Association (ELFA) is the trade association that represents companies in the $1 trillion equipment finance sector, which includes financial services companies and manufacturers engaged in financing capital goods. ELFA members are the driving force behind the growth in the commercial equipment finance market and contribute to capital formation in the U.S. and abroad. Its 580 members include independent and captive leasing and finance companies, banks, financial services corporations, broker/packagers and investment banks, as well as manufacturers and service providers. ELFA has been equipping business for success for more than 60 years. For more information, please visit https://www.elfaonline.org/

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

 

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Labrador Retriever/Mixed Breed
Fort Collins, Colorado  Adopt-a-Dog

Oprah

ID: AAR-A-69
Female
2 years/9 months
65 lbs.
Location: Foster Home
Adoption Fee: $425.00

“I haven't seen a butt wiggle quite like hers in a while! She's all about showing off her best dance moves! She's a total water girl and loves splashing around in the pool too! She enjoyed meeting other dogs in playgroup and is great at catching treats! Her previous owners mentioned that she prefers to eat alone without other dogs. She didn't have issues taking treats near other dogs though! She is a great size at 65 pounds.”
Foster Home Comment

All Aboard Rescue
1721 W. Harmony Rd. #102
Fort Collins, CO 80526
Phone: (970) 286-9902
allaboardanimalrescue@gmail.com
https://aaanimalrescue.org/

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Federal Fund Rates Drives All Interest Rates Up
Especially to Credit Card Holders
by WalletHub

The Federal funds target rate is now as high as 5.5 percent, its highest point in 22 years. Fed policymakers began to raise rates from near-zero in March 2022, after inflation spiked, and pushed them up rapidly that year before adjusting more slowly in 2023.

Wallet Hub believes the 20% plus late charge payments has not slowed credit card holders, perhaps due to unemployment, low salary, or fear that rates will be rising, therefore "charge now."

The report: "With Americans having increased their collective credit card debt by a record $179.4 billion last year, the grand total at over $1.1 trillion:"

What daily behaviors lead people to amass credit card debt?

“One of the leading causes of large amounts of credit card debt is overspending: buying unnecessary purchases that do not contribute to a person's well-being.

"Paying the minimum amount on a high-interest credit card does not allow you to reduce the balance on the account.

"Falling for the rewards programs that establishments offer for your loyalty can also contribute to credit card debt. These programs come with a price of having to constantly buy more to receive less than the interest on their loyalty cards. Unless you travel for work every day, it is best to stay away from these programs as they do not benefit the customer but rather the organization.

"A person living paycheck to paycheck does not have enough money or savings to cover simple emergencies and must use their credit cards to make ends meet.” - Doris Perryman – Adjunct Associate Professor, Bristol Community College

“There are two major reasons. First, people who start accumulating credit card debt often do not have a choice. Unexpected expenses, such as unforeseen medical or other emergencies, may push people to overextend and spend more than they can pay back in time. Using a credit card is one of the easiest ways to borrow money since other loans are often not as readily available. However, credit card debt is one of the worst ways to borrow since credit cards have some of the highest interest rates. The second reason is poor budgeting. Most of us own at least one credit card (probably more), and it takes a lot of effort to track how much is owed and make payments before interest kicks in. Default sometimes simply happens because of forgetfulness rather than the inability to pay. Given the high interest rates on credit card debt, once interest is owed, it is often a downward spiral from there, and it becomes less likely to pay off the debt without other cash injections, loans, or major life changes.” - Paul Obermann – Assistant Professor, Idaho State University

What steps can a person take to be better prepared for unpredicted financial difficulties?

“I know it is hard for many, but you must spend less than you earn so you can build a rainy-day fund that equals three to six months of expenses. This should cover necessities like food, shelter, utilities, and transportation to work. About 4 out of 10 adults do not have a rainy-day fund.” - John Pelletier – Director, Center for Financial Literacy, Champlain College

“A budget is the key here…It should allow leeway for saving money, meaning the monthly bottom line should be positive. The remaining money each month should go into an interest-paying account, such as a savings account. This account should not be touched unless there are emergencies. The budget may also include a category for ‘emergency savings’ so that there is always some money on hand to cover emergencies without having to borrow funds. Unexpected situations (despite their name) should be expected when making a budget.” - Paul Obermann – Assistant Professor, Idaho State University
 
What role, if any, should the government play in incentivizing and encouraging people to maintain low debt-to-income ratios (e.g., through tax incentives, etc.)?

“Unfortunately, our government has not been particularly encouraging of low debt. For example, mortgage debt is encouraged by income tax preferences for home owners versus renters. Our health care system causes individuals with high-cost health conditions to go into debt. Two roles of government that could be protective within our current system are: Bankruptcy rules could take into account expenses that were more unpredictable – e.g., losses due to natural disasters or medical crises not covered by health insurance. Our Consumer Financial Protection Bureau has been instrumental in providing information (e.g., on credit cards about payoff periods) to consumers. The government could play a larger role in protecting consumers against information that encourages debt.” - Karen C. Holden – Emeritus Professor, University of Wisconsin-Madison
 
“The government should be more aggressive in capping interest rates and not allowing usurious interest rates on payday lending and title loans, as some states do. And we need more states to create payroll-deducted retirement programs that small employers can use for free for all of their employees with a simple payroll deduction to the state-administered plan. Nearly 4 in 10 full-time working adults work for employers without retirement plans in states that do not offer these. Currently, about 1 in 4 states has these plans with small companies. The ideal is automatically enrolling all employees in a plan that starts putting 3 percent of salaries into a 401K and having an auto-escalation clause over time so that retirement savings increase as income increases.” - John Pelletier – Director, Center for Financial Literacy, Champlain College

2023's States with the Highest & Lowest Credit-Card Debts
https://wallethub.com/edu/states-with-the-highest-and-lowest-credit-card-debts/63822

 

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News Briefs---

Trucking Giant Yellow Shuts Down Operations
    99-year-old company with 22,000 Teamsters
https://www.wsj.com/articles/the-fall-of-a-trucking-giant-why-yellow-is-on-the-verge-of-collapse-3724f662?st=epg4lyl4d5ttpar&reflink=desktopwebshare_permalink

Elon Musk’s Unmatched Power in the Stars
    The dominant power in satellite internet
https://www.nytimes.com/interactive/2023/07/28/business/starlink.htm

Mounting job vacancies push state and
    local governments into a wage war for workers
https://www.pressdemocrat.com/article/business/mounting-job-vacancies-push-state-and-local-governments-into-a-wage-war-for

Home Insurers Are Charging More and Insuring Less
    Industry tries to rebound from years of losses
https://www.wsj.com/articles/home-insurers-are-charging-more-and-insuring-less-9e948113?st=6215sv3352koihd&reflink=desktopwebshare_permalink

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Ranked: The Most Profitable US Companies, by Sector
https://www.visualcapitalist.com/most-profitable-u-s-companies-by-sector

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Sports Briefs---

The Mets Begin Dismantling the Most Expensive Team in Baseball History
https://www.wsj.com/sports/baseball/mets-trade-max-scherzer-rangers-df4de0ea?st=invokjbdqbub3ip&reflink=desktopwebshare_permalink

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California News Briefs---

2 hotels in Napa, Sonoma counties in foreclosure
    amid nationwide lodging industry stress
https://www.pressdemocrat.com/article/north-bay/2-hotels-in-napa-sonoma-counties-in-foreclosure-amid-nationwide-lodging-in/

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Gimme that Wine

 

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

Livermore: Mitchell Katz Winery owner dies
   in two-car crash
https://www.kron4.com/news/bay-area/livermore-winery-owner-dies-after-car-crash/

Are Napa Cabernets losing their color?
Is the High Heat the Factor?.
https://www.sfchronicle.com/food/wine/article/napa-valley-climate-change-18119707.php

Wine of the week: Ram’s Gate, 2021 Estate
Vineyard Pinot Blanc, Carneros
https://www.pressdemocrat.com/article/lifestyle/wine-of-the-week-rams-gate-2021-estate-vineyard-pinot-blanc-carneros/

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This Day in History

      1498 - Christopher Columbus first sighted the island that he called La Trinidad. The island was inhabited by two tribes: the Arawaks, who were peaceful fishermen and farmers, and the more belligerent Caribs. Upon his return to Spain, Columbus described the islands to the King as very lush and pleasant, and soon the Spaniards began to colonize them. Trinidad and Tobago remained under Spanish rule from 1498 until Feb 18, 1797, when the Spanish Governor, Chacon, surrendered the islands to the British Navy. British rule continued until 1962 when Trinidad and Tobago gained their independence, after having been self-governing since 1956. The chief exports were slaves. Those that were not captured were killed and many maimed in the battles between well-armed soldiers on horses and Indians with primitive weapons at best. 
http://www1.minn.net/~keithp/cctl.htm  
http://www.visittnt.com/General/about/general.html  
http://users.carib-link.net/~richjob/trinidad.htm 
http://latino.si.edu/rainbow/education/historyandpeople.htm 
    1777 - The Vermont state constitution made it the first state to abolish slavery and adopt universal male suffrage, without regard to property. From 1777 to 1791, Vermont was an independent country, often referred to in the present day as the Vermont Republic. It was followed to a lesser degree by other New England states, which with Vermont were destined to become strongholds of abolitionism in the 1850s. Vermont had declared itself an independent state on Jan. 16, 1777 and has been known for its “independence” ever since. 
    1777 - The Second Continental Congress passes a resolution that the services of Gilbert du Motier "be accepted, and that, in consideration of his zeal, illustrious family and connections, he have the rank and commission of major-general of the United States." Thus, the Marquis de Lafayette, a 19-year-old French nobleman, was made an officer in the American Continental Army. 
    1790 - The US Patent Office opened its doors. The first US Patent was signed by George Washington and Thomas Jefferson. It went to Samuel Hopkins of Vermont for a new method of making pearash and potash, useful in many applications, including bleaching cotton. 
    1792 - The cornerstone of the Philadelphia Mint, the first US Government building, was put in place. 
    1811 - Jane Currie Blaikie Hoge (d. 1890) birthday, Philadelphia.  Author also well-known for caring for orphans. After seeing some of the deplorable conditions suffered by soldiers in the Civil War, she became one of the leaders in sanitary reform (collecting and distributing clothing, providing nursing care, medical and hospital supplies, food, just about everything else for sanitary and health care that the army never supplied to its men). The women of the sanitary reform movement did unbelievably hard and effective work. The women of the commission received adulation immediately after the war and then their names and work were forgotten while the names of battles and how they were fought (usually forgetting the gruesome results) were glorified. 
http://www.britannica.com/women/articles/Hoge_Jane_Currie_Blaikie.html 
    1816 - Birthday of Union General George H. Thomas (d. 1870), born in Southampton County, Virginia. Known as the "Rock of Chickamauga.” 
(Lower half of http://memory.loc.gov/ammem/today/jul31.html 
    1816 - Lydia Moss Bradley (d. 1908) birthday, Vevay, IN.  American financier and philanthropist. Although left a wealthy widow, she increased the estate astronomically through wise investments and real estate transactions that rank her as a major financial genius. Her philanthropic gifts included a home for older women. In 1876, she endowed Bradley University with $2 million and 28 acres in honor of her six children who all died young. 
http://www.search.eb.com/women/articles/Bradley_Lydia_Moss.html  
http://www.alliancelibrarysystem.com/IllinoisWomen/files/br/ 
htm1/bradley.cfm 
    1831 - Helena Petrovna Hahn Blavatsky (d. 1891), birthday, Yekaterinoslav, Ukraine. Founder of the Theosophy religion/belief/philosophy that combines various religions and spiritualism and the occult. She wrote a number of books, the most important of which was “The Secret Doctrine,” “The Synthesis of Science,” “Religion, and Philosophy” (1888), and “Key to Theosophy” (1889), that are the basic texts of the movement. She died at the home of Annie Besant who carried on the movement that still has millions of followers today. 
http://school.eb.com/women/articles/Blavatsky_Helena_Petrovna.html  
http://www.blavatskyarchives.com/natcyclop.htm 
http://www.crystalinks.com/blavatsky.html 
    1846 - The "Brooklyn" arrived in Yerba Buena, now San Francisco, with 230 Mormons under the leadership of 26-year-old Prophet Samuel Brannan. He was to meet other Saints who were crossing the country from Illinois.  
http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/ 
1996/07/26/MN64895.DTL 
    1849 - Revolutionizing warfare, Benjamin Chambers, Sr., obtained a patent for a “Breech-loading cannon.” It was the most successful and simple operation, which he called “an improvement in movable breeches for fire-arms and the locks and appurtenances of the same.” His wooden model was discovered in an old smithy and became part of the collection of the Virginia Historical Society.     
    1867 – S.S. Kresge (d. 1966) was born in Allentown, PA.  He created and owned two chains of department stores, the S.S. Kresge Company, one of the 20th century's largest discount retail organizations, and the Kresge-Newark traditional department store chain. The discounter was renamed the Kmart Corporation in 1977 and was merged into today's Sears Holdings Corporation, parent of Kmart and Sears.  
    1912 - Birthday of Milton Friedman (d. 2006), a Nobel Price-winning economist, teacher, and author, was born at Brooklyn, NY.  In 1946, he became a professor of economics at the University of Chicago, where he did some of his best-known work. The Chicago School, of which he was a member with like-minded scholars, promulgated influential free-market theories.  Friedman challenged what he later called "naïve Keynesian" theory with his 1950s interpretations of the consumption function. In the 1960s, he became the main advocate opposing Keynesian government policies and described his approach (along with mainstream economics) as using "Keynesian language and apparatus" yet rejecting its "initial" conclusions.  He theorized that there existed a “natural rate of unemployment” and argued that employment above this rate would cause inflation to accelerate.  Friedman was an advisor to President Ronald Reagan and British Prime Minister Margaret Thatcher.  His political philosophy extolled the virtues of a free market economic system with minimal intervention.     
    1918 - Pianist Hank Jones (d. 2010) birthday, Vicksburg, MS. 
http://www.npr.org/programs/jazzprofiles/archive/jones_h.html 
http://www.jazzradio.org/hank.htm 
    1919 – “The Cowboy,” Curt Gowdy (d. 2006), was born in Green River, WY.  Gowdy is known as the longtime voice of the Boston Red Sox and for his coverage of many nationally televised sporting events, primarily for NBC Sports in the 1960s and 1970s.  Gowdy called Ted Williams’ final at-bat where he hit a home run into the bullpen in right-center field off Jack Fisher of Baltimore; Tony Conigliaro’s home run in his first at-bat at Fenway Park on April 17, 1964 at the age of 19; beginning in 1960, he covered the first five seasons of the American Football League with broadcast partner Paul Chrisman; Super Bowl I; the AFL’s infamous “Heidi” game in 1968, and (after the 1968 pro football season), Super Bowl III in which Joe Namath and the New York Jets defeated the heavily-favored NFL champion Baltimore Colts. In 1971, Gowdy's telecast on NBC caused many a Christmas dinner to be delayed as the country locked in that Christmas Day to the longest game in pro football history, when the Miami Dolphins defeated the Kansas City Chiefs 27-24 in the final game at Kansas City's Municipal Stadium. He also covered Franco Harris’ Immaculate Reception" of 1972; Clarence Davis’ miraculous catch in a "sea of hands" from Oakland Raiders QB Ken Stabler to defeat the Dolphins in the final seconds of a legendary 1974 AFC playoff game, and Hank Aaron’s 715th home run in 1974 that broke Babe Ruth’s long-time career home run record. 
    1921 - Birthday of Whitney Young (d. 1971), former Executive Director of the National Urban League, in Shelby County, KY. 
http://blackhistory.eb.com/micro/650/67.html  
    1930 – “The Shadow” Radio premiere.  “Who knows what evil lurks in the hearts of men? The Shadow Knows.” The popular crime and suspense program premiered on CBS radio.  Originally, the Shadow was just the narrator of the changing stories, but later he became a character with his own adventures—with the alter ego of Lamont Cranston. Orson Welles was the first Shadow. 
    1931 - Birthday of great guitarist Kenny Burrell, Detroit, MI. 
http://www.hopper-management.com/kb_bio_e.htm
    1932 – The “mistake by the lake,” Cleveland’s Municipal Stadium, opened as a crowd in excess of 80,000 watched the Indians lose to the Philadelphia A’s, 1-0. 
    1941 - Under instructions from Hitler, Nazi official Hermann Goring, ordered SS General Heydrich to "submit to me as soon as possible a general plan of the administrative material and financial measures necessary for carrying out the desired Final Solution of the Jewish question."  Heydrich was killed in action in 1942.  Göring was convicted of war crimes and crimes against humanity at the Nuremberg trials. He was sentenced to death by hanging but committed suicide the night before the sentence was to be carried out.  
    1942 - Harry James Band with Helen Forrest cut “I’ve Heard that Song Before.” All phonographs are banned the next day due to the war until 1945. 
    1943 - KISTERS, GERRY H., Medal of Honor  
Rank and organization: Second Lieutenant (then Sergeant), U.S. Army, 2d Armored Division. Place and date: Near Gagliano, Sicily, 31 July 1943. Entered service at: Bloomington, Ind. Birth: Salt Lake City, Utah. G.O. No.: 13, 18 February 1944. Citation: On 31 July 1943, near Gagliano, Sicily, a detachment of 1 officer and 9 enlisted men, including Sgt. Kisters, advancing ahead of the leading elements of U.S. troops to fill a large crater in the only available vehicle route through Gagliano, was taken under fire by 2 enemy machineguns. Sgt. Kisters and the officer, unaided and in the face of intense small arms fire, advanced on the nearest machinegun emplacement and succeeded in capturing the gun and its crew of 4. Although the greater part of the remaining small arms fire was now directed on the captured machinegun position, Sgt. Kisters voluntarily advanced alone toward the second gun emplacement. While creeping forward, he was struck 5 times by enemy bullets, receiving wounds in both legs and his right arm. Despite the wounds, he continued to advance on the enemy, and captured the second machinegun after killing 3 of its crew and forcing the fourth member to flee. The courage of this soldier and his unhesitating willingness to sacrifice his life, if necessary, served as an inspiration to the command.  
    1944 - Sherry Lansing was born Sherry Lee Duhl in Chicago.  After a brief acting and writing career – she was head script writer at MGM for “The China Syndrome” and “Kramer vs. Kramer” – then vice-president of production at Columbia Pictures. She then became the first woman to be placed in charge of production at a major film studio, and on Jan 2, 1980, she became president of production at Twentieth Century Fox. She held office until 2004.  Her mother fled Nazi Germany and raised her and her sister by working in real estate. 
http://centerstage.net/theatre/whoswho/SherryLansing.html 
http://www.ucop.edu/regents/regbios/lansing.htm 
http://www.lukeford.net/profiles/profiles/sherry_lansing.htm 
   1945 - Birthday of singer Gary Lewis, born Gary Harold Lee Levitch, Los Angeles.  Son of actor/comedian, writer Jerry Lewis and Patti Lewis, the former Esther Calonico.  His band, Gary Lewis and the Playboys had a number 1 hit, “This Diamond Ring” in 1965.  
http://www.members.aol.com/oldies1/lewis.htm 
http://www.tsimon.com/lewis.htm
    1948 - New York's International Airport at Idlewild Field was dedicated by President Harry S. Truman. It was later renamed John F. Kennedy International Airport. 
     
    1951 - Evonne Goolagong was born Griffith, New South Wales, Australia.   Outstanding Australian aborigine (First People) tennis player who won Wimbledon 1971 and 1980 and was named AP woman athlete of the year in 1971. 
http://www.abc.net.au/btn/australians/goolagon.htm  
http://www.hickoksports.com/biograph/goolagonge.shtml  
http://www.teachers.ash.org.au/thwaites/goolag.htm  
http://www.tennisfame.org/enshrinees/evonne_goolagong.html 
    1952 - Faye Marder Kellerman birthday, St. Louis, MO.  American novelist specializing in mysteries that feature authentic Orthodox Jewish life. 
http://www.amazon.com/exec/obidos/search-handle-form/103-5362656-4423850 
    1956 - Top Hits 
“The Wayward Wind” - Gogi Grant 
“Hound Dog/Don't Be Cruel” - Elvis Presley 
“Whatever Will Be Will Be (Que Sera Sera)” - Doris Day 
“I Walk the Line” - Johnny Cash 
    1960 - Elijah Muhammad, leader of Nation of Islam, calls for a black state. 
    1961 - President John F. Kennedy agreed during talks held with General Chen Cheng (July 31—Aug 1, 1961), to support Nationalist China in its bid for UN membership and oppose the admission of Communist China to the United Nations. 
    1962 – The National League rejected MLB Commissioner Ford Frick’s proposal for interleague play in 1963. 
    1963 - Wesley Snipes Birthday, born Orlando, Florida. “Blade,” “White Men Can’t Jump,” “US Marshal,” “Major League,” among several box office hits.  On April 24, 2008, Snipes was sentenced to three years in prison for willful failure to file federal income tax returns.  The US Court of Appeals affirmed Snipes’ convictions in a 35-page decision issued on July 16, 2010.  Snipes reported to prison on December 9, 2010 and he was released on April 2, 2013.   
    1964 - Top Hits 
“Rag Doll” - The 4 Seasons 
“A Hard Day's Night” - The Beatles 
“The Little Old Lady (From Pasadena)” - Jan & Dean 
“Dang Me” - Roger Miller 
    1968 - The Beatles laid down the bed tracks for "Hey Jude" during the first of a two day session in London. A 36-piece orchestra will be added tomorrow. It tops Billboard's Hot 100 singles chart for nine weeks, making it the mega group’s biggest hit. 
    1970 - Chet Huntley retires from NBC, ends "Huntley-Brinkley Report."  It was NBC’s flagship evening news program from 1956, anchored by Huntley in New York and David Brinkley in Washington, DC. It succeeded the Camel News Caravan, anchored by John Cameron Swayze. The program ran for 15 minutes at its inception but expanded to 30 minutes on September 9, 1963 exactly a week after the “CBS Evening News” with Walter Cronkite did so. 
http://www.museum.tv/archives/etv/H/htmlH/huntleychet/huntleychet.htm 
    1971 - The first astronauts to ride a vehicle on the moon were Colonel David Randolph Scott and Lieutenant Colonel James Benson Irwin, who rode the four-wheeled electric cart “Rover,” an LRV (Lunar Roving Vehicle) alongside the 1,200 foot deep canyon Hadley Hills on the moon ( Apollo 15). 
    1971 - Hamilton, Joe Frank and Reynolds had the top tune on the Cashbox Best Sellers list with "Don't Pull Your Love." Dan Hamilton, Joe Frank Carollo and Tom Reynolds enjoyed their first taste of success in 1965 with a group called The T-Bones when they scored the Top Ten hit "No Matter What Shape" that was used in Alka Seltzer commercials.  
    1971 - James Taylor scored his only Billboard number one record with the Carole King written, "You've Got a Friend." The song would go on to win the 1971 Grammy Award for Best Pop Vocal Performance, Male.  
    1972 - Thomas Eagleton, the Democratic vice-presidential candidate, withdrew from the ticket with presidential candidate George McGovern following disclosure that Eagleton had once undergone psychiatric treatment for depression. Eagleton was replaced by Sargent Shriver, who, incidentally, was the only Democratic vice-presidential nominee who did not serve in Congress at any point in his or her career. 
    1972 - Top Hits 
“Alone Again (Naturally)” - Gilbert O'Sullivan 
“Brandy (You're a Fine Girl)” - Looking Glass 
“(If Loving You is Wrong) I Don't Want to Be Right” - Luther Ingram 
“It's Gonna Take a Little Bit Longer” - Charley Pride 
    1972 - White Sox Dick Allen becomes the seventh Major Leaguer to hit two inside-the-park HRs in one game. The homers help pace the White Sox over the Twins, 8-1. 
    1974 - One of the President Nixon's main men, John Ehrlichman was sentenced to prison for his role in the break-in at the office of Daniel Ellsberg's psychiatrist. Ellsberg was the Pentagon consultant who leaked the "Pentagon Papers" (which purportedly told Americans how and why the U.S. really got into the Vietnam War). Ehrlichman also created the White House unit that was called the ‘plumbers' because it was intended to plug leaks. 
    1976 - A stationary thunderstorm produced more than ten inches of rain which funneled into the narrow Thompson River Canyon of northeastern Colorado. A wall of water six to eight feet high wreaked a twenty-five-mile path of destruction from Estes Park to Loveland killing 156 persons. The flash flood caught camper and caused extensive structural and highway damage. Ten miles of U.S. Highway 34 were totally destroyed as the river was twenty feet higher than normal at times. 
    1978 - No. 1 Billboard Pop Hit: "Miss You," The Rolling Stones. The song is the band's eighth No. 1 single. 
    1980 - Top Hits 
“It's Still Rock & Roll to Me” - Billy Joel 
“Magic” - Olivia Newton-John 
“Cupid/I've Loved You for a Long Time” - Spinners 
“Bar Room Buddies” - Merle Haggard & Clint Eastwood 
    1981 - African-American Arnette Hubbard installed as first woman president of the National Bar Association. 
http://www.nationalbar.org/about/index.shtml 
http://www.siu.edu/~oirs/Stan/walloffame.html 
    1981 - The seven-week baseball players' strike came to an end as the players and owners agreed on the issue of free agent compensation. 
    1983 – The Baseball Hall of Fame welcomed Brooks Robinson, Juan Marichal, George Kell and Walter Alston. 
    1984 - US men's gymnastics team won team gold medal at LA Summer Olympics 
http://www.nationalbar.org/about/index.shtml 
    1986 - The temperature at Little Rock, AR, soared to 112 degrees to establish an all-time record high for that location. Morrilton, AR, hit 115 degrees, and daily highs for the month at that location averaged 102 degrees. 
    1987 - The deadliest tornado in 75 years struck Edmonton, Alberta, killing 26 persons and injuring 200 others. The twister caused more than $75 million damage along its nineteen-mile path, leaving 400 families homeless. At the Evergreen Mobile Home Park, up to 200 of the 720 homes were flattened by the tornado. 
    1987 - Afternoon highs of 106 degrees at Aberdeen, SD, and 102 degrees at Ottumwa, IA, and Rapid City, SD, established records for the date. It marked the seventh straight day of 100-degree heat for Rapid City. Baltimore, MD, reported a record twenty-two days of 90-degree weather in July. Evening thunderstorms produced golf ball size hail at Lemmon, SD, and wind gusts to 80 mph at Beulah, ND. 
    1988 - Top Hits 
“Roll with It” - Steve Winwood 
“Hands to Heaven” - Breathe 
“Make Me Lose Control” - Eric Carmen 
“Don't We All Have the Right” - Ricky Van Shelton 
    1988 - Twenty-one cities in the north central U.S. reported record high temperatures for the date, including Sioux City, IA, with a reading of 107 degrees. The reading of 105 degrees at Minneapolis, MN, was their hottest since 1936. Pierre and Chamberlain, SD, with highs of 108 degrees, were just one degree shy of the hot spot in the nation, Palm Springs, CA. 
    1990 - Nolan Ryan of the Texas Rangers won the 300th game of his career, defeating the Milwaukee Brewers, 11-3. Ryan pitched in the Majors from 1966 until 1993 and finished with 324 wins. 
    1993 - Top Hits 
“Can’t Help Falling In Love (From ‘Sliver’)” - UB40 
“Whoomp! (There It Is)” - Tag Team 
“Weak”- SWV 
“I'm Gonna Be (500 Miles)” - The Proclaimers 
    1994 - The San Francisco Giants joined the battle against AIDS by staging their first “Until There's A Cure” Day at Candlestick Park. The Giants wore red ribbons sewn on their uniforms. Together with the visiting Colorado Rockies, they joined 700 Aids volunteers to form a giant human red ribbon on the field. One dollar from the price of every ticket sold went to Bay Area AIDS organizations. The Giants won the game, 9-4, behind home runs by Barry Bonds, Darryl Strawberry and Matt Williams, who hit two. 
    1994 – Steve Carlton, Leo Durocher and Phil Rizzuto were inducted into the Baseball Hall of Fame. 
    1995 - Heat Wave in Chicago, Illinois; 525 deaths attributed. 
http://www.sws.uiuc.edu/atmos/statecli/1995chicago.htm 
    1995 - Selling 331,000 copies, Selena's "Dreaming of You," her first English album, debuts at No. 1 on the Billboard chart. The slain Tejano singer becomes the first Latin artist ever to debut at No. 1. 
    1997 - In New York City, police seized five bombs believed bound for terrorist attacks on city subways. 2 potential suicide bombers were shot and wounded in an explosives laden Brooklyn apartment. Gazi Ibrahim Abu Mezer (23) and Lafi Khalil (22) were recovering from wounds. In 1998, Khalil was acquitted and Gazi Ibrahim Aby Mezer was convicted of plotting to bomb a subway station. 
    1998 - Top Hits 
“The Boy Is Mine”- Brandy 
“You're Still the One”- Shania Twain 
“My Way” - Usher 
“Adia” -Sarah McLachlan 
    1999 - The U.S. heat wave, linked to at least 94 deaths, continued. As Chicago baked in 100-degree weather, thousands of hot and sweaty residents were forced to endure the heat without air conditioning or fans, due to sporadic power outages and brownouts. 
http://hpccsun.unl.edu/nebraska/heatwave99.html 
http://www.disastercenter.com/guide/heat.html 
    2002 - A plan to sell beer outside Boston's Fenway Park is approved on a trial basis by city officials. During the 14 games, brew will be available three hours before game time to one hour after games start to game ticket holders who pass through a turnstile. 
    2012 - U.S. Olympic swimming champion Michael Phelps won a record 19th Olympic medal, with gold in the 4x200metres freestyle relay. 
    2013 - Republicans unveiled a series of bills designed to prevent government abuse, including the 'STOP IRS Act,' which would allow IRS employees to be fired when they take actions for political purposes. 
    2014 – President Barack Obama authorized air strikes against Islamic State militants for situations in which the forces appear to threaten U.S. personnel. Food drops were also carried out along the Syrian border to civilians trapped by the violence.
    2018 - Facebook discloses and removes Russian-linked network of sites attempting to interfere in American politics.
    2019 – American officials announced the death of Hazma bin Laden, son of Osama, by air strikes in Pakistan.

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