Add me to mailing list    |           |      Search

Advertising | All Lists | Archives | Classified Ads | This Day In American History



Monday, July 16, 2007


Classified Ads---Legal
    Welcome Readers
        Top Stories - July 9-13
    UAEL Cocktail Reception Party - July 18
Leasing Solutions, San Jose, to re-organize???
    Leasing 102 by Mr. Terry Winders, CLP
    Procedural Audits
        Help Wanted Ads
    CHP consulting completes major system update
The Alta Group's M&A Expertise in Europe
    U.S. Bank Equipment Finance Names Senior Vice President
        GATX Sets Date for '07 2nd Qtr Earnings Release
News Briefs---
    California Nuts Brief---
            Calendar Events
This Day in American History
    Baseball Poem
            Daily Puzzle

######## surrounding the article denotes it is a “press release”


Classified Ads--- Legal

San Diego, CA
Experienced in-house corporate, equipment leasing and financial services attorney seeks position as managing or transactional counsel. Willing to relocate.
Cell Phone: 760-533-4058;
San Francisco, CA
Ken Greene, active in finance and leasing for 25 years, seeks "in house" counsel position,full-time. Reference available.

To place a free “job wanted” ad here, please go to:

For a full listing of all “job wanted” ads, please go to:



Welcome New Readers

We welcome new readers to join our mailing list. The purpose is to be notified that there is a new edition posted. The e-mail points out the “headline” news in the edition. Often we send out “extra's,”
when a newsworthy event occurs we think readers should learn about right away.

Last week we had many new readers, and this is directed to them to let them know we are no longer a daily; generally have editions only three times a week-it depends. If there is not enough “hard” news, we don't send out an issue just to send out an issue. Many readers also will read a few stories the first time, then visit us the next day.

We encourage you to invite colleagues to subscribe. We are free. We strive for our goal of being independent, unbiased, and reporting fair news about what is happening in the equipment leasing industry, primarily in the United States. We do have readers in other countries. One of the reasons we go to press about 3am each morning is to reach not only the East Coast, where it is 6am, but also as far away as India where the business day has not ended.

Kit Menkin, editor


Top Stories--July 9 - 13

Here are the top ten stories most “opened” by readers last week:

(1) Key Equipment Finance names Douglas Dupy Head of Technology Sales

(2) GE Capital Solutions targets MD truck market

(3) Leasing 102 by Mr. Terry Winders, CLP
Contents of a Lease Agreement

(4) They're back! IRS resurrects random audits

(5) A Free Lunch for A/R Managers?
Most Say, “No Thanks”

(6) Cartoon

(7) Leasing Books
Books on Equipment Leasing

(8) Leasing Solutions, Inc. Shareholders Call Meeting

(9) CNH Financial Services Launches Private Label Finance Program
With De Lage Landen in Poland

(10) Enterprise Funding Group Adds John P. Groves as Vice President-Credit



Oregon Networking Regional
Cocktail Reception Party

Network on the Lake

Wednesday, July 18, 2007
5:00 PM -7:00 PM

Oswego Lake House
40 N. State Street
Lake Oswego , OR 97034

Image Provided by

Oswego Lake House

Situated on the banks of the famous Lake Oswego shoreline, just 20 short minutes from downtown Portland , the Oswego Lake House is a wonderful location and format to enjoy after a long day at work. Spend some time socializing and networking with other lessors/brokers, vendors, and funding sources while enjoying the pristine scenery and relaxing atmosphere of Lake Oswego . As the Oregon Region continues to remain strong, with many loyal and active members, this is definitely an opportunity you won't want to miss!

Attendee Cost



Although this event is free for both members and non-members, registration is encouraged in order for us to plan accordingly. To register online , go to the
Event Section of the website or call the UAEL office, 760-564-2227.

Directions to the Oswego Lake House

Event Sponsors

Commercial Equipment Lease Corp

Kenco Equipment Lease Company

Pacific Capital Bank

Quiktrak, Inc.

Host Contact:

Gary Parker
Commercial Equipment Lease

Calendar Dates
UAEL Oregon Networking Regional Cocktail Reception Party
EAEL "Day at the Races"  Arlington Race Track, Chicago, IL
AZELA Diamondback's Baseball outing & summer meeting
EAEL Northeast Golf Outing, Bethpage Red Course, Farmingdale, NY
UAEL 5th Annual Southern California Anaheim Angels Night!
NAELB 2007 Western Regional Meeting - Costa Mesa, CA
EXPO Marriott Teaneck, NJ
NAELB 2007 Eastern Regional Meeting - Atlanta, GA
To view Leasing Association Conferences in 2007, please click here.




Leasing Solutions, San Jose, to re-organize???

(Not to be confused with Steve Geller's Leasing Solutions, LLC. in New York, NY.)

“Leasing Solutions, San Jose ( bankrupt ) (9/2000) Files BK (10/1998) stock loses more than 50% of value in a single day with announcement that auditors were forcing LS to write down the residual values of a small portion of equipment returned for remarketing. After a long stream of announcements of ongoing negotiations, forbearance periods, the establishment of an internet strategy (yes, the lenders let them use cash for that rather than apply it against borrowings!)”

Leasing News, The List,

Recently Leasing News posted a story to re-organize:

At one time, Leasing Solutions, San Jose, California was a leader in the equipment leasing field, especially with Apple and other computer systems from Silicon Valley:

“Leasing Solutions Inc.
Leasing Services
10 Almaden Blvd. Suite 1500
San Jose, CA 95113-2238
Ticker: LSN
Sales()/%CHG: $278.75 / 237.60%
Income()/%CHG: $8.96 / -24.00%
Market Value(): $21.37
CEO: Hal J. Krauter
Employees: 190; Bay Area NA

San Francisco Chronicle
Monday, November 23, 1999

Chronicle 500 Company Profile

Stockholders sued the company:



Leasing 102

by Mr. Terry Winders, CLP

Procedural Audits

I am called on to do procedural audits to determine if the leasing company is living up to its policy and procedures. I have discovered many errors and lack of organization over the course of my audits and would like to bring a few of them to your attention.

To begin with, so few leasing companies have any stated policy. A lease policy should state the purpose and direction of the companies’ activities to help everyone pull in the same direction. It is not a simple document and takes some time to be created. Then everyone should read and understand it prior to being asked to start their jobs. It is different than a business plan because a business plan covers the future and a policy covers the “now”. Here is a list of what should be in a policy:

Statement of duties and authority of management team
Preferred markets
Preferred types of leases
Preferred transaction size
Credit guidelines
Proposal restrictions
Concentration and limits
Brief statement of laws and regulations
Lease documentation requirements
Pricing guidelines
Equipment guidelines
Operational guidelines
Insurance guidelines
Termination guidelines
Late charge requirements
Early termination requirements
Funding guidelines
Lease assumption or extension guidelines
Remarketing/releasing guidelines

In addition each salaried employee needs a list of duties and responsibilities. A duty is something they need to accomplish each day and a responsibility is something they have sole authority to see gets done by a dead line.

When I question company personnel about there duties and responsibilities I request that they first fill out a list of their duties so I can compare these to a list of their duties from their managers point of view. Unfortunately, most often there are many differences. Responsibilities seem to be clearly explained but the day to day list of duties is not. Then these duties need to be compared against other employees so as to not have duplication but have good backup in case of a crisis. A good list also gives a strong basis for annual reviews on performance. Without it the review lacks substance and direction. It also allows someone to step into a job with some information on what needs to be accomplished. A lot of wasted time is spent by employees fumbling in the dark due to lack of training and lack of a good understanding of job performance requirements. Managers need to review this list of duties at least every six months and each time employees change.

Audits need to be conducted by outside personnel on occasion to determine how efficient the organization is and where they are complicating or confusing the process. In addition someone needs to check the policy and the procedures to make sure the company is on the track required by the business plan. Everything changes all the time but the question is are you ahead of the changes or way behind?

Mr. Terry Winders has been a teacher, consultant, expert witness for the leasing industry for thirty years and can be reached at or 502-327-8666.
He invites your questions and queries.


Leasing Industry Help Wanted

EFD Marketing Specialist

EFD Marketing Specialist
Walnut Creek, CA

You will serve as a liaison between the department’s equipment leasing brokers and internal staff. Requires a BA or 3 years of relevant experience. CLICK HERE for a detailed description and resume submission


Managed Services Division
Portland, OR.

Seeking experienced professionals in our Managed Services Division.

    * Contract Accounting Specialist
    * Collections Specialist
    * Customer Service Representative

Visit, for more information. Bank of the West and its subsidiaries are equal opportunity/affirmative action employers.


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


LONDON – CHP Consulting today announced the completion of a major technology systems update for the business finance division of U.K.-based Hitachi Capital. The goal of the seven-month project was the development of more efficient, automated new business processes to improve Hitachi's customer service and enable the restructuring of several teams.

The CHP ALFA Systems technology platform now provides for rapid entry of new Hitachi business proposals and onward processing. Deals are reviewed for approval in half the time and processed more quickly and accurately than ever before, including the dispatch of final documentation.

In addition, thanks in part to the ALFA Systems update, data and administrative errors have been reduced in half, with a 30 percent reduction in the time needed to process a proposal.

“We can now track deal flow and manage quality much more effectively,” said Nathan Pratt, Head of Operations at Hitachi Capital Business Finance (HCBF). “Key users in various departments have already commented favorably on the advantages of using a single system and the automation of many formerly manual processes.”

Improvements made to HCBF's process workflow and customer care are complemented by improved HCBF products, increased Sarbanes-Oxley compliance and, in the long term, profitable systems development and cost avoidance, Pratt added.

HCBF and CHP began working together in 2004, when HCBF acquired Industrial Equipment Finance Ltd., who was working with CHP at the time.

About the Companies:

Hitachi Capital Business Finance specializes in providing medium-term asset finance to commercial customers through the three main channels to the market: direct, broker and vendor relationships. Focused on one channel in a selected market to source new business, selected markets include aviation, farm and country, construction, printing, lending to the professions, and financial services. Products include hire purchase, finance and operating leasing, and block discounting. In addition to these core financing products, asset management and syndication services are also provided.

CHP Consulting's ALFA Systems and consultancy services are used by top motor, asset and consumer finance organizations worldwide. ALFA is a fully scaleable, enterprise wide solution for the finance industry, providing end-to-end integration; flexible sales channel support and workflow automation. It is used to finance five million assets by leading blue-chip clients at over 30 live sites. CHP's class-leading software and in-depth industry experience allow it to maintain an exceptional delivery record.  Key areas of expertise include equipment finance, motor finance, fleet management, vendor finance, asset management, consumer finance and structured finance. CHP was founded in 1990 and has offices in London, Chicago and Sydney. For more information on CHP, visit

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

The Alta Group's M&A Expertise in Europe Helps Bibby Financial Services

The Alta Group is working closely with a number of clients to help them acquire target companies that meet their long term strategic goals. One recent success story was Bibby Financial Services' acquisition of Cash Reform AS, the leading independent Czech factoring company.

The Alta Group team working on the project comprised Marc Tendler, a Principal based in London who has over 20 years experience in the asset finance and factoring industries, and Marc Baert, a Principal based in Brussels. Baert formerly was Secretary General of Leaseurope and has considerable knowledge of leasing and factoring across the Central and Eastern European countries.

Tendler said the main challenge that The Alta Group faced was to find a suitable acquisition target which had the same core values as UK-based Bibby Financial Services, was independently owned, and had a long term track record of growth and profitability. To meet this challenge, not only did The Alta Group need to understand the long term growth strategy and aspirations of their client, but also those of a range of potential target companies. The short-listed target company also needed to be primarily marketing to an SME customer base and provide Bibby Financial Services with additional complementary country coverage.

As with most of Alta's M&A work, the target companies were not ostensibly available for sale and it was important to have good contacts and relationships with companies who had not previously considered selling their businesses. This approach enabled Alta to target the company with the optimal fit for Bibby's long term strategy, Tendler said. Once the best fitting target company had been found, the task was to ensure the two companies met at different levels to ensure the acquisition could work for both parties.

Alta is confident that the acquisition of Cash Reform SA, by Bibby Financial Services will create a first class platform for them to develop and expand across the fast growing SME market in Central Europe.

Charles Taylor, the Head of Alta's M&A Group in Europe, said, “People may not be aware of the extent of our active involvement in searching out and introducing prospective targets since by its very nature a lot of what we do is behind the scenes and must remain so. Fortunately our in-depth involvement in the industry puts us in a unique position to be aware of opportunities at an early stage.”


The Alta Group, established in 1992, provides a broad array of strategic consulting and advisory services, education and training programmes, merger and acquisition work and dispute resolution services for companies in the global equipment leasing and asset finance industries. Its clients include manufacturers, banks, and independent lessors of various sizes plus companies and organisations servicing the industry. The Alta team is made up of more than 35 international professionals committed to the asset finance business, including former CEOs, company founders and industry thought leaders who are active in their areas of expertise. Proven success and in depth industry knowledge are the basic ingredients for entry into the Firm. They collaborate and share their in-depth knowledge and insights with today's business leaders who face a range of challenges, both old and new. The firm has built a reputation on creative thinking, trust and professionalism. The Alta Group supports clients in North America, Latin America, Western, Central and Eastern Europe, Asia, the Middle East and Australia. For more information, visit


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

U.S. Bank Equipment Finance Names Senior Vice President

PORTLAND, Ore.– U.S. Bank Equipment Finance has promoted Frank Namdar to senior vice president and chief credit officer. Namdar joined U.S. Bancorp in 1987 in its management training program. Since then he's held positions in the audit services/credit examination group and credit approval division until he joined the equipment finance division in 1998 as vice president and credit manager for the machine tool finance and vendor finance groups. Most recently he was vice president and chief risk officer for portfolio administration.

“Frank's knowledge and experience are critical to the success of Equipment Finance,” said Anthony Cracchiolo, president of U.S. Bank Equipment Finance. “As we focus on our target markets, Frank will ensure that the appropriate credit policies, processes and procedures are in place to achieve business growth and portfolio goals.”

Namdar earned a bachelor's degree from Portland State University. He and his family reside in Beaverton, Ore. U.S. Bank Equipment Finance, one of the largest bank-affiliated equipment finance companies in the nation, has been providing quality equipment finance solutions for more than 35 years. Based in Portland, Ore., it is a major funding source for companies in virtually every industry sector nationwide. Visit U.S. Bank Equipment Finance online at

U.S. Bank Equipment Finance is part of U.S. Bancorp (NYSE: USB). With $221 billion in assets, U.S. Bancorp is the parent company of U.S. Bank, the 6th largest commercial bank in the United States. The company operates 2,498 banking offices and 4,837 ATMs, and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. Visit U.S. Bancorp on the web at

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

GATX Sets Date for 2007 Second Quarter Earnings Release and Conference Call

CHICAGO--GATX Corporation (NYSE:GMT) today announced that it will report results for the 2007 second quarter on Thursday, July 26, 2007. Investor teleconference information is as follows:

Live Teleconference

Date: Thursday, July 26, 2007
Time: 11:00 AM (Eastern)
Domestic Dial-In: 1-800-706-6082
International Dial-In: 1-706-634-7421
Live Webcast:

Please dial in approximately 15 minutes prior to the start time and reference the GATX conference call.

Replay Information

Time: Starting at 2:00 PM (Eastern), Thursday, July 26, 2007
Domestic Dial-In: 1-800-642-1687
International Dial-In: 1-706-645-9291
Access Code: 7358813
Web Access: The replay will also be available at


GATX Corporation (NYSE:GMT) provides lease financing and related services to customers operating rail, marine and other targeted assets. GATX is a leader in leasing transportation assets and controls one of the largest railcar fleets in the world. Applying over a century of operating experience and strong market and asset expertise, GATX provides quality assets and services to customers worldwide. GATX has been headquartered in Chicago, IL since its founding in 1898 and has traded on the New York Stock Exchange since 1916. For more information, visit the Company's website at

Investor, corporate, financial, historical financial, photographic and news release information may be found at


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

News Briefs----

Zanzibar fishermen land ancient fish

Blame that bad back on your ancestors;

U.S. no longer tallest country in world;

Ford denies it's in talks to sell Volvo

Procession carries Lady Bird to burial



California Nuts Briefs---

Governor goes where there's flow as he stresses state water crunch

Governor Applauds Florida for Adopting California's Tailpipe Emissions Standards



Calendar Events This Day

Bolivia: La Paz Day
1548, founding of city, now capital of Bolivia

Mission San Diego: The North Carolina International Folk Festival
1769, first of 21 California missions to the Indians.

National Get Out Of The Doghouse Day
In trouble with someone you know and care about? This is the day when anyone can “Get out of the doghouse!” Annually the third Monday in July.

Saint feast Days



Today's Top Event in History

     1779-the first Revolutionary War Bayonet charge was led by General Anthony Wayne, known as “Mad Anthony,” who charged the British garrison at Stony Point, NY, with 1,200 men and forced it to surrender. He was slightly wounded. The British loss was 63 killed and 553 wounded; the Americans loss, 15 killed and 83 wounded.


This Day in American History

    1925 Nat Pierce Birthday
    1769-Mission San Diego de Alcala was dedicated and blessed by Father Junipero Serra. After high mass, the royal standard of Spain was unfurled over the mission, which was named in honor of San Diego de Alcala. The mission, located in what is now San Diego, California, was the first of 21 California missions to the Indians
    1779-the first Revolutionary War Bayonet charge was led by General Anthony Wayne, known as “Mad Anthony,” who charged the British garrison at Stony Point, NY, with 1,200 men and forced it to surrender. He was slightly wounded. The British loss was 63 killed and 553 wounded; the Americans loss, 15 killed and 83 wounded.
    1790- George Washington signed legislation that selected the District of Columbia as the permanent capital of the US. Boundaries of the district were established in 1792.Plans called for the government to remain housed at Philadelphia, PA, until 1800, when the new national capital would be ready for occupancy.
( lower half of: )
    1821-birthday of Mary Baker Eddy, Founder of Christian Science, born near Concord, NH. She died at Chestnut Hill, MA, Dec. 3, 1910. She is one of the very few, if not the only woman to found a major religion. In 1874 she founded the Christian Science movement after recovering from illnesses with the use of spiritual healing. She studied the process and developed her own system that preached that the mind is the only reality and that illnesses and infirmities of the body are merely illusions and can be cured by mental effort, chiefly the reading of Jesus's words in the New Testament.
    1849- Clara Shortridge Foltz ,born Lafayette, Indiana- U.S. reformer, attorney, editor, and publisher who changed California's sexist laws. She had read law and then found out California did not allow non-male attorneys. Together with Laura D. Gorden, they got that law changed. When she was denied admission to a San Francisco law school, she brought suit and along with Ms Gorden argued it to victory to the California Supreme Court.
    1862- African American journalist and anti-lynching crusader Ida B. Wells was born the daughter of slaves at Holly Springs, Mississippi and grew up as Jim Crow and lynching were becoming prevalent. Wells argued that lynchings occurred not to defend white women because of whites’ fear of economic competition from blacks. She traveled extensively, founding anti-lynching societies and black women’s clubs. Wells’ “Red Record”( 1895) was one of the first accounts of lynchings in the South.
    1863- New York City. Nearly 1000 the end of three days of ant draft riots in persons were killed or wounded before federal troops restored order.
    1867- Averill Paint Company of New York City produced the first paint ready-mixed. The company went out of business in the early 1900’s, not being able to maintain a consistent standard of color. The first manufacturer to do so was Henry Alden Sherwin, founder of Sherwin-Williams, Cleveland,OH, which began producing paint in 1890.
    1877-President Rutherford Richard Hayes called out Federal troops to suppress
the strike by railroad employees. This was in response for aid from eh governors of West Virginia, Maryland, Pennsylvania, and other states.
    1880-Writer Kathleen Norris born Washington, DC - highly popular U.S. author. KN wrote 81 novels and many short stories that made her one of the most popular writers in the U.S.
    1882-birthday of V.A. Johnson, the first Black female to argue before the US
Supreme Court.
    1889-birthday of Joseph Jefferson (Shoeless Joe) Jackson, baseball player, born at Brandon Mills, SC. Jackson’s legendary excellence as one of the game’s finest right-hand hitters is besmirched by his alleged involvement in the Black Sox Scandal of 1919. Jackson stood accused of participating in the conspiracy to throw the World Series, and he, along with seven teammates, was banned for life. Died at Greenville, SC, December 5, 1951.
     1907-Actress Barbara Stanwyck was born Ruby Stevens at the Flatbush section of Brooklyn, NY. At the age of 18 she won a leading role in the Broadway melodrama Noose, appearing for the first time as Barbara Stanwyck. She appeared in 82 films including Stella Dallas, Double Indemnity, Sorry, Wrong Number, The Lady Eve and the television series “The Big Valley.” In 1944, the government listed her as the nation’s highest paid woman, earning $400,000 per year. My late father Lawrence Menkin worked on two of her films as a writer in the late 1940’s, but did not like “life” in Hollywood. He returned in      1954, and did stories for her television show. Stanwyck died at Santa Monica, CA, Jan 21,1990.
    1920-In his first season with the New York Yankees, Babe Ruth hit his 30th home run to break his own record set in 1919 as a member of the Boston Red Sox. Ruth finished the year with 54 home runs. He hit 59 in 1921 and 60 in 1927.
    1925-birthday of vibe player Cal Tjader, St. Louis, MO Died May 5, 1982.
    1925-Pianist Nat Pierce Birthday
    1928—birthday of guitarist Bola Sete, Rio de Janeiro, Brazil
    1928-Cow Cow Davenport records “Cow Cow Blues” (Vo 1198).
    1935- Oklahoma City, OK, installed the first automatic parking meter. Twenty-foot spaces were painted on the pavement and a parking meter that accepted nickel was installed at the head of each space by the Dual Parking Meter Co. of Oklahoma City.
    1936-photographer Walker Evans starts his assignment of sharecroppers in
Hale County, Alabama
    1938-Larry Clinton, with Bea Wain, records, “ My Reverie.”
    1940-Inkspots record “ We Three, “ “ “Java Jive” Decca.
    1941- Birthday of singer Desmond Dekker, one of the pioneers of reggae music, born in Kingston, Jamaica. He was named the island's top singer five times between 1963 and 1969. Dekker's recording of "The Israelites" sold a million copies worldwide in 1969, hitting number one in Britain and making the top ten in North America as well.
    1941 -- US: 100ø F (38ø C) highest temperature ever recorded in Seattle, Washington.
    1945- In the New Mexican desert at Alamogordo Air Base, 125 miles southeast of Albuquerque, the experimental atomic bomb was set off at 5:30 AM. Dubbed “Fat Boy” by its creator, the plutonium bomb vaporized the steel scaffolding holding it as the immense fireball rose 8,000 ft in a fraction of a second—ultimately creating a mushroom cloud to a height of 41,000 ft. At ground zero the bomb emitted heat three times the temperature of the interior of the sun. All plant and animal life for a mile around ceased to exist. When informed by President Truman at Potsdam of the successful experiment, Winston Churchill responded, “It’s the Second Coming in wrath!”
    1946 - The temperature at Medford, OR, soared to an all-time high of 115 degrees to begin a two week heat wave. During that Oregon heat wave the mercury hit 100 degrees at Sexton Summit for the only time in forty years of records.
    1948-After 8 ½ seasons as manager of the Brooklyn Dodges, Leo Dourcher resigned abruptly to accept the manager’s job with the New York Giants. With Dourcher at the helm, the Giants won two pennants. In 1951 by defeating the Dodgers in a playoff and in 1954 when they swept the Cleveland Indians in the world Series.
    1949---Top Hits
Some Enchanted Evening - Perry Como
Bali Ha’i - Perry Como
Again - Gordon Jenkins
One Kiss Too Many - Eddy Arnold
    1957---Top Hits
Teddy Bear - Elvis Presley
Searchin’/Young Blood - The Coasters
Valley of Tears/It’s You I Love - Fats Domino
Bye Bye Love - The Everly Brothers
     1959-The Coasters record "Poison Ivy" at the Atlantic Recording Studio in New York City. The song was written by Jerry Leiber and Mike Stoller
    1959-Adios Butler, driven by Clint Hodgins, won the Cane Pace, the first jewel in pacing’s triple crown, at Younkers Raceway. Adios Oregon finished second. Adios Butler went on to win the Messenger Stakes and the Little Brown Jug to become the first triple crown winner in pacing history.
    1960- Three musicians in London, Eric Clapton, Jack Bruce and Ginger Baker form the band Cream. The band would go on to become regarded as rock's first supergroup as well as one of the most popular and influential bands of the 60's
    1961- Ralph Boston sets then long jump record at 27' 2"
    1965---Top Hits
(I Can’t Get No) Satisfaction - The Rolling Stones
Wonderful World - Herman’s Hermits
Yes, I’m Ready - Barbara Mason
Before You Go - Buck Owens
    1966- guitarist Eric Clapton, formerly of John Mayall's Bluesbreakers and the Yardbirds, joined two ex-members of the Graham Bond Organization, bass guitarist Jack Bruce and drummer Ginger Baker, to form Cream. The influential blues-rock trio sold more than 15 million albums in their three years together.
    1967 -- On the last day of the Newport Folk Festival in Rhode Island, 20 year old Arlo Guthrie performs his new song, a 20 minute ditty called "Alice's Restaurant" .
You can get anything you want... at Alice's Restaurant, exceptin' Alice
You can get anything you want... at Alice's Restaurant
Walk right in it's around the back
Just a half-a-mile from the railroad track
Oh... You can get anything you want
At Alice's restaurant.
    1969-The launch of Apollo II, the first US man sent to the moon. This launch resulted in man’s first moon landing, the first landing on any extraterrestrial body.
(July 20th ). --
    1966- The Lovin' Spoonful's "Summer In The City" is released.
    1969- The Who's "I'm Free" is released.
    1970 - The Pittsburgh Pirates played their first game at Three Rivers Stadium. The Bucs had spent 61 baseball seasons at Forbes Field. Cincinnati’s Reds spoiled the housewarming for the Pirates with a 3-2 win. The game also marked the first time the Pirates wore new double-knit uniforms which became commonplace throughout both the American and National Leagues
    1972- Smokey Robinson performed for the last time with the Miracles at a concert in Washington, DC. They had been together since 1959. Robinson would have a successful solo career, as well as continuing with his songwriting and serving as a vice-president of Motown Records.
    1973- President Richard M. Nixon appointed the first Air Force General who was a woman, Brigadier General Jeanne Marjorie Holm of Portland, OR.
    1973---Top Hits
Will It Go Round in Circles - Billy Preston
Kodachrome - Paul Simon
Bad, Bad Leroy Brown - Jim Croce
Love is the Foundation - Loretta Lynn
    1973-The existence of what were to be called the “Watergate tapes,” recordings of White House conversations, was revealed by former White House aid Alexander P. Butterfield. Only July 23 special prosecutor Archibald Cox and the Senate committee subpoenaed the tapes. On July 26, President Nixon refused to release them, appealing the case through the courts until October 19, when he offered a summary of requested tapes in return for no further requests for tapes or papers. This was rejected by Cox.John Elrlichman and G. Gordon Liddy were soon to be indicted along with two White House officials, and in October Vice President Agnew resigned and pleaded nolo contendree ( not contest) to one charge of income tax evasion in return for the dropping of other charges. Agnew was fined and given three years’ probation. Representative Gerald R. Ford, Republican of Michigan, was nominated by President Nixon for the vice-presidency, who soon was to become the first president not elected to the office directly or through the vice-presidency.
    1973- Bob Dylan releases the soundtrack to "Pat Garrett & Billy the Kid." Dylan stars in the flick with Kris Kristofferson. One song off the LP, "Knocking On Heaven's Door" reaches #12 while the soundtrack goes to #16
    1981---Top Hits
Bette Davis Eyes - Kim Carnes
All Those Years Ago - George Harrison
The One that You Love - Air Supply
Fire & Smoke - Earl Thomas Conley
    1988- Jackie Joyner-Kersee sets women's hepathlete record of 7,215 pts
    1988 - Thirty-seven cities in the eastern U.S. reported record high temperatures for the date. Highs of 96 degrees at Bluefield, WV, and 104 degrees at Charleston WV were all-time records, and afternoon highs of 98 degrees at Binghamton, NY, 99 degrees at Elkins, WV, and 103 degrees at Pittsburgh PA, tied all- time records. Highs of 104 degrees at Baltimore, MD, and 105 degrees at Parkersburg WV were records for July, and Beckley, WV, equaled their record for July with a high of 94 degrees. Martinsburg, WV, was the hot spot in the nation with a reading of 107 degrees. Afternoon and evening thunderstorms raked the northeastern U.S. with large hail and damaging winds.
    1989---Top Hits
Satisfied - Richard Marx
Buffalo Stance - Neneh Cherry
Baby Don’t Forget My Number - Milli Vanilli
I Don’t Want to Spoil the Party - Roseanne Cash
    1992- Fleetwood Mac's "Don't Stop" is played (over and over) as Arkansas Governor Bill Clinton accepts the Democratic nomination for President.
    1994- Luciano Pavarotti, Placido Domingo and Jose Carreras performed together before 56,000 people at Dodger Stadium in Los Angeles on the eve of the World Cup soccer final. It was a reprise of their performance before the World Cup final in Rome four years earlier. The recording of the first concert sold more than 10 million copies, making it the best-selling classical album of all time. The album made at the Los Angeles concert was also a best-seller. 1993- Lotus began shipping a new version of its popular 1-2-3 spreadsheet for Microsoft Windows. Lotus 1-2-3 quickly took over the spreadsheet market when it was first introduced in 1983. The product almost instantly wiped out the leading spreadsheet program, VisiCalc, which had also been the first spreadsheet. Lotus bought Software Arts, the company that invented VisiCalc, in 1985.
    1994-Bruce Springsteen showed up unannounced at the 20th anniversary celebration at the Stone Pony bar in Asbury Park, New Jersey. Springsteen and his wife, Patty Scialfa, Jon Bon Jovi and former E Street Band drummer Max Weinberg performed several songs with Southside Johnny and the Asbury Jukes. In 1974, the Jukes had been the house band and Springsteen a regular performer at the Stone Pony.
    1995- Retired journalist Marj Carpenter, 68, was elected moderator of the Presbyterian Church (U.S.A.), the church's highest elected position.

    1966-The Supreme Court hands down its decision in Miranda v. Arizona, establishing the principle that all criminal suspects must be advised of their rights before interrogation. Now considered standard police procedure, "You have the right to remain silent. Anything you say can, and will, be used against you in a court of law. You have the right to an attorney. If you cannot afford one, one will be appointed to you," has been heard so many times in television and film dramas that it has become almost cliché.The roots of the Miranda decision go back to March 2, 1963, when an 18-year-old Phoenix woman told police that she had been abducted, driven to the desert, and raped. Detectives investigating her story gave her a polygraph test, but the results were inconclusive. However, tracking the license plate number of a car that resembled that of her attacker's brought police to Ernesto Miranda, who had a prior record as a Peeping Tom. Although the victim did not identify Miranda in a line-up, he was brought into police custody and interrogated. What happened next is disputed, but officers left the interrogation with a confession that Miranda later recanted, unaware that he didn't have to say anything at all. The confession was extremely brief and differed in certain respects from the victim's account of the crime. However, Miranda's appointed defense attorney (who was paid a grand total of $100) didn't call any witnesses, and Miranda was convicted after a short trial. While Miranda was in an Arizona state prison, the American Civil Liberties Union took up his appeal, claiming that the confession was false and coerced. The Supreme Court overturned his conviction, but ironically Miranda was retried and convicted in October 1966. As a result of the case against Miranda, each and every person must be informed of his or her rights upon arrest. In 1999, the Supreme Court agreed to re-examine the Miranda requirements in the face of persistent complaints that confessions should not be barred from evidence simply because a police officer failed to read the suspect his or her rights.
    1997-The Dow-Jones Index of 30 major industrial stocks topped the 8,000 mark for the first time.
    1999 - John F. Kennedy Jr.’s plane crashed into the Atlantic Ocean off the coast of Martha’s Vineyard (Massachusetts), killing him, his wife and his sister-in- law. The three had been en route to a Kennedy family wedding. The National Transportation Safety Board concluded that Kennedy suffered from spatial disorientation, brought on by a loss of balance in the inner ear. Kennedy’s problems were exacerbated by the hazy night sky and his inability to see the horizon, plus his lack of experience as a pilot. The NTSB also said investigators did not find any mechanical problems with Kennedy’s plane, a single-engine Piper Saratoga II. The conclusion it was pilot error.
    2000 --An 1919 Chicago 'Black Sox' autographed baseball is auctioned for $93,666 at eBay. The ball's value, believed to be the most for such an item, was unusually high because the autographs included Shoeless Joe Jackson who was considered illiterate and usually just signed legal documents.



Baseball Poem

“Voices of the Game
by J. Kyle

You see fans holding their radios here and over there,
Intently watching the game, yet listening with care.
Some think us strange that we bring our transistorized friend,
Then they sit too close, and try to listen in.

So many, many voices of baseball present and past,
A very select few can make you feel that home run blast.
The team in the booth at times is the best,
The fans can hope for along with the rest.

Some of these voices have now faded away,
Going, going, gone to their final play.
The restless nights they talked us to sleep,
Just waiting for someone to take one deep.

Harry was the greatest Cub there ever could be,
There will never be another like him at ol’ Wrigley.
Vin Scully still bleeds that Dodger blue,
While Scooter will always be a Yankee too.

Nuxhall and Brennaman are my favorite radio men,
They have been a duo since way back when.
I was a boy when I first heard that familiar winning call,
“This one belongs to the Reds” now has its own place in the Hall.

So the next time you search for the game on TV,
Turn the volume way down, grab a radio, and you will soon see.
The voices of the game do much more than that old screen,
They bring you the nation’s game in a fashion unseen

(also recommended for Football games, too.)




The object is to insert the numbers in the boxes to satisfy only one condition: each row, column and 3x3 box must contain the digits 1 through 9 exactly once. What could be simpler?



Daily Puzzle

How to play:

Refresh for current date:



Independent, unbiased and fair news about the Leasing Industry.
Editorials (click here)
Ten Top Stories each week chosen by readers (click here)

Leasing 102
Leasing News Advisors
Pictures from the Past
Sales Make it Happen
Shawn Halladay Collection
To Tell the Truth
Why I Became a CLP