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Leasing News is a web site that posts information, news, and entertainment for the commercial leasing and finance industry. The News Edition is updated Monday, Wednesday and Friday.
   

Equipment Leasing Opportunities throughout the U.S. Controller: West Coast • Copier Sales Reps: Florida
• Producing Healthcare Leasing Mgr: Midwest
• Truck / Trailer Leasing Rep: Southwest
• Vendor Sales Team: Anywhere U.S.
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Thursday, June 30, 2011


Today's Equipment Leasing Headlines


Put a Clause Requiring Notification in Your Lease Contract
  Classified Ads---Senior Management
 CaringBridge Connections
     Add Wisconsin to Notification Requirement Evergreen
      Cartoon---Remember this chart
   New Hires--Promotions
    Letters? We get eMail?
     Classified Ads---Help Wanted
       Fourth of July DVD Recommendations
       by Fernando F. Croce
        Cartoon---I was a dog…
         Tacoma, Washington Adopt-a-Dog
News Briefs---
 Kelly Reale, vice-president, Key Equipment Finance
  Leasing Equipment Still a Good Deal Despite Accounting Changes
   Inside Rental, Leasing Services stocks
    Lender proves to be a costly buy for Bank of America
     Mortgage Performance Improves During First Quarter of 2011
      First Foundation Bank to Acquire Desert Commercial
       Ex-Citigroup executive charged with embezzling more than $19MM
      Unemployment rises in more than half of US metros
     Oracle gives its version of break-up with HP
     CEO Pay | A 13% gain for Northwest CEOs in 2010 after 2 down years

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

Despite Fears, Owning Home Retains Allure, Poll Shows
You May have Missed---
  Sports Briefs---
   California Nuts Brief---
      "Gimme that Wine"
        This Day in American History
         SuDoku
          Daily Puzzle
           GasBuddy
            Weather, USA or specific area
             Traffic Live----

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




[headlines]
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Editorial

Put a Clause Requiring Notification in Your Lease Contract

Leasing News believes it is time for all leasing companies to stand-up and become ethical when it comes to "Evergreen" and "Winter Green" clauses without notification to the lessee. Put a clause in your lease contract as well as require those who discount to you have the same clause notifying the lessee formally at the 90 day mark that the lease contract will expire after the next 90 days. If you can compute the exact date, put that in the certified letter with return receipt.

Also note in your contract a termination fee of $50 to cover the procedure, including the certified mailing of a 90 day notice at the 90 day mark that the original term of the lease is coming due, requiring the lessee to signify their position to return the equipment, to purchase it, or determine its "fair market value" before the expiration of the original term. If this is not met, the lease then proceeds to either month-to-month or an automatic twelve months (choose in your contract to put one or the other.)

If you have a termination fee, then increase it, and perhaps also charge for a UCC-3 release, add another $50.00.

As important, require all those who discount or sell leases to you that the notification requirement be included in the lease contract they discount to your company.


Incorporated May 21,2000


Editorial

Lawrence C. Menkin, Publisher
*
Christopher Menkin, Executive Editor

Leasing News
Chairman, Advisory Board
   
Bob Teichman, CLP Teichman Financial Training, Sausalito, CA.
   
Advisory Board
   
Edward Castagna Nassau Asset Management, Westbury, NY.
Steve Crane, CLP Bank of the West, Walnut Creek, CA.
Endeavor Financial Services, Costa Mesa , CA
Phil Dushey Global Financial Services, Manhattan, NY.
Ken Greene, Esq. Universal City / Kentfield, California
Shawn D. Halladay The Alta Group, Salt Lake City, UT
Robert S. Kieve Empire Bradcasting, San Jose, CA.
Bruce Kropschot Kropschot Financial Services, The Villages, FL.
Bruce Lurie Douglas-Guardian Services Corp., Houson, TX.
Andrew Lea, M.A. Point Richmond, Calif.
Allan Levine Madison Capital, LLC., Owings Mills, MD
Don Myerson BSB Leasing, Colorado,Hawaii
Armon L. Mills, CPA San Diego Business Journal, San Diego, CA.
Dan Pulcrano Metro Newspapers, San Jose, California
Ginny Young former Brava Capital, Orange, CA.
Rosanne Wilson, CLP 1st Independent Leasing, Beaverton, OR.
 

[headlines]
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Classified Ads---Senior Management


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

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

Philadelphia, PA
27 yrs. exp. sales, ops., credit, strategy, P&L mngmet. Most recently created & executed the biz plans for 2 highly successful Bank-owned small ticket leasing subsidiaries.
email: mccarthy2020@comcast.net
Southern CA
20 years exp. as hands-on leasing CFO, managing accounting, treasury, FP&A, including securitizations, Great Plains/FRx, budgets, risk management.  MBA.  Also available as interim Controller/CFO, consultant.
Email: leasecfo@gmail.com



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

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



[headlines]
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CaringBridge Connections


(Most current up-dates: click on Caringbridge link)

 

Chris Walker, CLP, president CLP Foundation, GreatAmerica, is fighting an inoperative pancreatic cancer. He has a current up-date here:
http://www.caringbridge.org/visit/chriswalker

Rosanne Wilson, CLP, P.B.P, former treasurer National Association of Equipment Brokers, on the Leasing News Advisory Board is also fighting cancer. Messages and tributes are posted:
http://www.caringbridge.org/visit/rosannewilson/mystory


Jeffrey Taylor, well-known leasing trainer turned author, has been at Scottsdale Health Care Hospital, Shea, Scottsdale, Arizona for 40 days. He does not have access to his lap top or the web.
http://www.caringbridge.org/visit/jeffreytaylor2

[headlines]
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Add Wisconsin to Notification Requirement Evergreen



This is an unofficial list:

New York
Rhode Island
Texas
Illinois
(Consumer, may affect commercial, especially a proprietorship,
partnership or personal guarantee)
Wisconsin

Wisconsin now requires in contracts more than one year term that the lessor must provide the customer a written notice of renewal 15 to 60 days prior to the "deadline for the customer to decline renewal or extension. According to the provision, "failure to comply renders the automatic renewal clause unenforceable and results in the contract being terminated "at the end of the current contract term." If the lessor refuses to terminate the contract, according to 12.49(6), the customer can bring an action or counterclaim for damages equal to (1) "twice the amount of the damages incurred by the customer", or (2) the lessor "twice the amount of the periodic payment specified in the contract or $1000".

http://www.elfaonline.org/pub/advocacy/state/WI134-49_eff0501.cfm




[headlines]
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New Hires--Promotions



Alfredo Anguiano named vice-president and area manager for U.S. Bancorp Equipment Finance, to focus on clients in Los Angeles and Santa Barbara Counties. He previous was vice-president, Senior Account Executive, GE Capital (January, 2006-June, 2011), Vice-President, Citigroup (August, 1999-December, 2004). He has a MBA in Finance and accounting from Tulane University, A.B. Freeman School of Business (1997-1999)
http://www.linkedin.com/pub/alfredo-anguiano/10/60a/1a


Denise Beauchamp was hired a Vice-President, Government Leasing and Finance, U.S. Bancorp Finance, Jacksonville, Florida. Previously she was Key Government Finance, Leasing Manager, South, Key Equipment Finance (April, 2008-June, 2011), Senior Vice-President, Government Leasing and Finance, Banco Popular North America (August, 1998)-April, 2008) she held the same position at Kislak National Bank which was purchased by Banco Popular North American in 2005. She has an MBA, Finance, from University of Central Florida (1986-1989).
http://www.linkedin.com/pub/denise-beauchamp/16/2aa/694

Jeffrey Giannelli named vice-president and area manager for U.S. Bancorp Equipment Finance, to focus on clients in Orange County, and the Ontario and San Diego markets. He previously was regional sales manager at Summit Funding Group(August,2010--June, 2011), Vice-President RBS Asset Finance (April, 2005-March, 2010), vice-president, Merrill Lynch Capital (2004-2005), Vice-President Fleet Capital (1999-2004), Vice-President, Sanwa Business Credit (1997-1998), Account Manager, GE Capital (1995-1997).
http://www.linkedin.com/pub/jeff-giannelli/18/86b/296

 

Steven Jason has been appointed Senior Vice-President at All Points Capital, New York. Previously he was managing member, JD Capital Management Associates (2001-June, 2011), Director of Lessor Credit, New World Lease Funding, LLC (2004-2010), Vice-President, Superior Bank FSB (1994-2002). He earned a BA in Economics from State University of New York at Albany (1977-1981).
http://www.linkedin.com/pub/steven-jason/a/2a4/12

William Johnson has joined United Capital Business Lending, Hunt Valley, Maryland as Senior Vice President of Sales and Business Development. He previously was Iowa/Illinois Market, Business Development Officer, Wells Fargo Bank (December, 2010-June, 2011), Banking and Finance Sales Training WDJohnson (July, 2010-June,2011), Senior Vice-President, Managing Director of Sales, CIT (March, 2008-July, 2010), Senior Vice President/Managing Director, Western Region, CIT(January, 2007-March, 2008), Vice-President of Sales, Regional Sales Manager, CIT (June, 2000-December, 2006), Vice-President, Director of Business Development, CIT (February, 1999-June,2000), Regional Account Manager, CIT (July, 1997-January, 1999), Business Development Office, The Money Store(June, 1994-July, 1997), Commercial Lending Officer, US Bank(October,1993-June, 1994), Vice-President, Regional sales manager, Wells Fargo Bank(April, 1989-August, 1993.) He has a degree in Business, University of Denver (1980-1984), and Southwest Minnesota State University (1978-1980).

Kurt Kolesha named vice-president and area manager for U.S. Bancorp Equipment Finance, to focus on clients in New Hampshire, Maine, Massachusetts, Rhode Island and Vermont. He previously was Business Development Manager, TCF Equipment Finance (June, 2010-June, 2011), Senior Business Development Manager, TCF Equipment Finance (food processing, packaging and plastics verticals) (May, 2009-June, 2010).
http://www.linkedin.com/pub/kurt-kolesha/19/b8b/884

Timothy McCormick has been promoted to the position of Business Development Manager – Equity Placed., Commonwealth Capital Corp, Clearwater, Florida. He has worked fro Commonwealth Capital since May, 2008. He graduated Lehigh University, College of Business and Economics, with a BS in Accounting (2002-2006).
http://www.linkedin.com/pub/timothy-mccormick/11/178/447

Michael Ruback promoted to vice-president, structured credit, Key Equipment Finance, Superior, Colorado. Previously he was Lead Credit Manager, joining Key, March, 2008, Vice-President, Merrill-Lynch (2001-2008). He has an MBA in Finance from the University of Nebraska at Omaha (2000-2001), degree from University of Kansas (1996-2000).
http://www.linkedin.com/pub/michael-ruback/2/3b2/762


 

[headlines]
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Letters? We get eMail?


(chronological)

FBI Operation Lease Fleece---Update
http://leasingnews.org/archives/Jun2011/6_27.htm#fleece_update



"In your “perp walk” in this morning’s newsletter, I did not see anyone who was six or seven, ages at which there might not be a strong sense of what is right or wrong. Chronologically, all seemed to be adults and I assume Adam Zuckerman has also passed the age at which reasoning begins. Morally, the “perps” are six or seven years in age and I wonder what kind of education and training they have given to their children, and in some cases, grandchildren.

"As guilty are those who keep advance payments, collect extra payments and include an Evergreen clause in their lease documents. If the industry wants to police itself these behaviors should be banned and for anybody who uses such techniques the various lease organizations should institute a wall of shame. These lease shenanigans have been going on forever it seems and yet we still have people who wonder why government is looking to get more involved in the industry. An Evergreen lease is really a euphemism; a better name would be Evertheft. Stopping egregious leasing practices should be a big part of all the lease organizations’ operations."

Jerry
Jerry Bernardy, Commonwealth Capital

(Taking your comments one step further, funders who accept leasing contracts with Evergreen clauses without a notification process to the lessee are as guilty. They have co-responsibility, particularly when they "buy" the stream of payments and collect them from the lessee, and have an “agency” relationship. Editor)

Five Point Capital, San Diego, California
Bulletin Board Complaint Up-Date

Financial Pacific, Federal Way, Washington
Co-Bulletin Board Complaint

by Christopher Menkin


“I appreciate what you do as ombudsman for a wide variety of parties in our industry, and I congratulate you on the successes you've had helping folks who have been otherwise unable to get appropriate solutions.

“I have done business with Financial Pacific Leasing for more than 18 years and 700+ transactions approved by them. I have never experienced anything but total professionalism and integrity from them. I've been to their offices and met with them at various industry conferences. I feel like I know their corporate culture and feel it is a smear to suggest that Financial Pacific would 'cause their client's vehicle’s plates and registration to be canceled by the Massachusetts Registry of Motor Vehicles' as an attorney has apparently accused them.

“It's no surprise to me that an attorney would write such a provocative statement and use language including 'unwarranted action.' The lawyer is doing his job and I don't fault him for that. Obviously, however, just because a statement was written by a lawyer, doesn't make it true. In this particular case, I object to the implication in Leasing News that Financial Pacific 'caused' any part of Commercial Technologies, Inc's troubles with plates, registration or residual, when there is nothing in what you've reported that supports any such conclusion.

“Financial Pacific Leasing is a top-quality organization, and I'd hate to have their reputation sullied by having some lawyer's accusations and insinuations get published on the internet, on a site which presents itself as fair and unbiased, without at least challenging the lawyer's intentionally provocative statements. There are plenty of leasing companies with questionable or unethical business practices, but Financial Pacific isn't one of them.”

Sincerely,
Gary Greene, CLP, BPB
GGreene@Lease-Smart.com

(When the writer of an article is noted, it means opinions expressed are the opinions of the writer and he certainly then can be "bias," meaning have an opinion. This was the case here. As to being fair, both Five Point and Financial Pacific's comments were printed without being edited. I hope that clears up your concern about being “fair.”

(The complaint was not about being a bad company or a good company. I specifically asked for information from Financial Pacific about when they transferred the title to Five Point. They did not provide this. They also did not call Five Point in April, May, and early June and seemed to wash their hands as they had been paid. It was no longer their problem. The Evergreen Clause was not their concern. They obviously behaved as if they had no responsibility to the customer.

(The answer to your other question was in Paul Menzel’s comment, when Leasing News asked them to get involved, as well as the other questions, what they did was they called Five Point Capital. Why did this not happen in March?

(Financial Pacific does not have notification for Evergreen Clauses in their lease contract nor requires their discounters to include notification, and by this, indeed, supports non-notification of the lease expiring. In addition, in this complaint, it appears they did nothing to help the client until Leasing News got involved and neither party wanted the complaint to be brought public; again as evidenced by Mr. Menzel’s comment.

(As to the attorney letter, perhaps you did not see the original complaint by the lessee:

(“The worst part, is that not only did I get roped into an auto renewal, but they cancelled the registration without notice 5/3/11, when the lease went from Financial Pacific back to Five Point and at this point no one has gotten back to me on how to get this on the road.

(“Financial Pacific tells me Five Point has the title, but Five Point says they know nothing of the cancellation of my plates and has done nothing about it.

("Without that van on the road, it is really hurting my business! If I had to suck it up another year and pay because of the clause I will, but not if I can’t legally drive the vehicle.”

(The lessee was forced to go to an attorney and then Greg Wells says the letter written on June 1 never made it to Five Point, implying they would have done what? The earlier telephone calls from the lessee counted for nothing? ---and this is their second "Evergreen Clause" complaint in a month. The complaint was legitimate. Editor)

CODA--FIVE POINT CAPITAL CONTRACT, Paragraph 15:
“RETURN OF EQUIPMENT, RENEWAL: If no default exists or has occurred under this Lease, you may, at the end of the Base Term of any renewal term, purchase all (but not less than all) of the Equipment for its Fair Market Value. Unless there has been a separate purchase option or buyout agreement attached to this Lease, then at least 120 days prior to the end of the Base Term you must give us written notice via certified mail that you will purchase the Equipment or that you will return the Equipment to us, postage and insured to be paid by you. If you do not give us such written notice or if you do not purchase or deliver the Equipment in accordance with the terms and condition of this Lease then this Lease shall automatically renew for a 12 month term, and thereafter renew for successive 3 month terms until you deliver the Equipment to us. During such renewal(s), the Rent shall be the highest monthly rate set forth in this lease. We may cancel the renewal by sending you written notice 90 days prior to such renewal term. We will use our reasonable judgment to determine the Equipment’s Fair Market Value. Any End of Term option may become null and void at our discretion in any Event of Default occurs or continues at any time during the term of the Lease. Upon payment of End of Term option price, and if no default exists, we shall transfer our interest in the Equipment to you “AS IS WHERE IS” without any representation or warranty whatsoever and this Lease will terminate. Provided you have given the required notice, and are not then in default, you shall return the Equipment, freight and insurance prepaid, to us in good repair, condition and working order, ordinary wear and tear excepted, in a manner to a location designated by us.”


Automatic Renewals: The States Respond
by Barry Marks, Esq.
http://leasingnews.org/archives/Jun2011/6_22.htm#renewal



"Barry’s well-written piece in this morning’s edition is spot on…and no one should be surprised. Last year, I was contacted by legislators regarding my knowledge of evergreen practices and it took considerable restraint not to spill the beans! There is at least one opportunity to turn this potential liability into a solution, something we introduced when we launched Dell Financial Services.

"Though the lessee is contractually liable for EOT notification, communication from the lessors to the lessee can and should become routine. EOT notification should be viewed as another selling opportunity.

"Like so many other conflicts in life, we have the opportunity to self-police or in the absence thereof, to have the solution imposed upon us by others. From what I have observed, and what Barry implies, the latter is about to overwhelm the industry.

"One wonders where the ELFA, NAELB, NEFA, and other associations have been in at least circulating the issue for serious consideration….that’s what associations are for.

"The hell or high water lifeline was once thought to be the essence of the ability to offer leasing on a consistent basis and that has been at least partially attacked. The evergreen is likely to be attacked more aggressively."

Ralph

Ralph Mango Project Management Coordinator | comScore, Inc. (NASDAQ:SCOR)

LEAF Investor asks what should he do
http://leasingnews.org/archives/Jun2011/6_22.htm#leaf_investor


"**** ******* with LEAF told me 10 months ago that I should not worry about at least getting my original principal back from LEAF iii and 4. Now I am concerned this will not happen.

LEAF was sold to me as a safe fixed income investment for my retirement. I read the prospectus after I had already given my "trusted" financial advisor my money. I was told there was nothing to be concerned about. It sucks having one fourth of my retirement savings in limbo. I have now learned the difference between a certified financial planner with a fiduciary duty to their clients and others who are just interested in the largest commission."

(name with held)

+++++++++++++++

"I would be interested in knowing more about the relationship between the LEAF executives and the Cohen family. I met all of them in Philadelphia in early 2009, and they had a positive spin on everything, making it seem like everything was under control and all problems were in the past. But the fact remains that the LEAF guys destroyed considerable asset value for the Cohen’s, so I question whether that relationship might have gotten chilly..."

Sincerely,
Nicholas E. Radice

(It appears they are no longer interested, thus the new Guggenheim relationship, and other changes. With FUNDS I, II, III, IIII losing money, I would imagine the parent company would not be happy to be associated with the poor performance, as well as reputation. Editor)

+++++++++++++++

"I was reading your article today on LEAF and all the problems it is having. It truly is sad to see a once strong, viable company (I almost went to work for them) go down hill. I wanted to make comment to you that seem to run in my industry now, Asset Management, Collections, settlements. I called the CFO of a division of LEAF about a year ago. Of course I asked him if he had any bad debt over 1, 2 and 3 years that he would like us to collect on or possibly buy, and I was told, 'Our AR is just fine, no need for a "Special Assets" department.

“Same thing happened at ACC Capital and ***** ****. I have probably called ******* no less than once a month for 8 months, always to be told, 'We have NO PROBLEM with our aging AR, we are solid there'

".....I guess the point I am making and the question I am asking you, why are these people lying to me? I have been an AVID reader of yours for years and would appreciate any insight as to why someone would lie to me when they are going under and I could actually help recoup lost dollars. Maybe pride? Thanks for a wonderful story Kit. Keep up the great work!"

Sincerely,

Alan J. Schwab
Director-Sales & Marketing
Dynamic Recovery Services, Inc.
4101 McEwen Rd. Suite 150
Dallas, Texas 75244
800-886-8808 Ext 2224
Fax: 972-484-3718
www.drsinc.us

(They must have thought no one could help them. Could be pride. Don’t know why Lease Police does not have more clients, for instance. Must be pride here, too. Editor)


"I would like to inquire about your process for having our press releases published on your website. Can you please let me know if there is someone I can speak with about this or what your procedures are for submitting these types of news releases from our company?'

Best Regards,
Patty Schuebel

Ecologic Leasing Services
www.ecologicleasing.com | 726 Forest Park Road, Suite 100, Great Falls, VA 22066 | +1.703.791.1943 Direct | Skype Name: patty.schuebel | LinkedIn: http://www.linkedin.com/in/pattyschuebel

(Just send them in word to me as you have done this email. I do get them in pdf, but have to convert them.

(If I see a press release in a competitors edition, often I won't use it because it will be old by the time we put it on, or if I do use it, it will be low in group. I say this as you should send to us the late afternoon or night before ---we are M-W-F…so Sunday, Tuesday, Thursday---advance us a copy and then the others first thing in the morning or at same time.

(I also suggest sending, even if you think we may not use it, because if it is a slow news day, I will be printing more press releases than I normally do. Editor


NEFA-Baltimore Crab Feast-Who Shows Up!
http://leasingnews.org/archives/Jun2011/6_15.htm#crab_feast


History is what the industry is now

  • Smaller

  • More caution

  • Less business

  • Higher rates once past a bank lending to super A credits

  • Easier to commit frauds

  • Less client loyalty (more on the equipment side than on the vehicle side)

  • Everyone watching expenses

  • Many surviving on smaller volume and less overhead

Isn’t that’s why the crab feast had 41, not 80???/

(name with held)

Leasing 102 by Mr. Terry Winders, CLP
"Banks Want to Regulate Size of Broker Fees"
http://leasingnews.org/archives/Jun2011/6_13.htm#regulate



"Mr. Winders' Leasing News article for today was right on point!

"Keep this great stuff coming!

"Our bank has always had a sliding cap on points depending on deal size so if we see a borrower that doesn’t question pricing and we feel the quote is excessive, our antenna is up and we are on high alert!

"If we need to offer skinny pricing so will the broker/lessor!"

Bob Robichaud, CLP
Vice President, Equipment Finance Department
Commerce National Bank
3818 E. Coronado Street, Suite 100
Anaheim, CA 92807

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





Leasing Industry Help Wanted

Equipment Leasing Opportunities throughout the U.S. Controller: West Coast • Copier Sales Reps: Florida
• Producing Healthcare Leasing Mgr: Midwest
• Truck / Trailer Leasing Rep: Southwest
• Vendor Sales Team: Anywhere U.S.
rii.general@comcast.net
www.recruitersinternationalinc.org


NATIONWIDE SALES POSITIONS AVAILABLE
Medical app only to 200k, Commercial app only to 150k Superior COF’s-Superior Buying window-Superior back office Please contact Steve Schachtel at 973-339-9900 ext. 101
or email at sschachtel@usfunding.us


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

Please see our Job Wanted section for possible new employees.

 

Leasing News: Special Father's DayEdition
By Fernando F. Croce

With the Fourth of July just around the corner, we at Leasing News are proud to recommend five movies (easily available at Netflix) that you get you laughing, cheering, and saluting.


1776 (Peter H. Hunt, 1972): What more fitting movie to celebrate 4th of July with than one whose historical plot builds up to the 4th of July? The Founding Fathers were never more tuneful than in this beloved adaptation of Peter Stone’s Broadway musical hit, which takes place at the dawn of the Declaration of Independence. As the colonies get ready to come together into a nation in the days leading to July 4th, 1776, the Declaration is still sorting out its obstacles, from news of military struggle to reactionary landowners. John Adams (William Daniels), Benjamin Franklin (Howard Da Silva) and Thomas Jefferson (Ken Howard) are the main characters, stirring the people and making history with a slew of famous melodic numbers, including “But Mr. Adams,” “Molasses to Rum” and “The Less of Old Virginia.”


Yankee Doodle Dandy (Michael Curtiz, 1942): Who would have thought that it would take a foreign filmmaker to come up with the most patriotic of American movies? Austria-born director Michael Curtiz (“Casablanca,” “The Adventures of Robin hood”) pulled out all the stops in this irresistible celebration of America’s greatest features, from apple pie to the freedom of putting on a show. James Cagney won a well-deserved Best Actor Oscar for his portrayal of flag-waving composer and song-and-dance man George M. Cohan, who over the years went from child star at vaudeville shows to the country’s most beloved entertainer. Full of vintage tunes (“Yankee Doodle Dandy,” “You’re a Grand Old Flag,” “The Red, White and Blue”) and Cagney’s electrifying numbers, it’s the perfect Fourth of July movie.


Young Mr. Lincoln (John Ford, 1939): Arguably America’s greatest director ever, John Ford was on a roll in 1939, delivering classics such as “Stagecoach” and “Drums Along the Mohawk” in the same year. His greatest triumph that year, however, was this truly lovely portrait of the great president, Abraham Lincoln, when he was still a callow law practitioner facing his most decisive case. Beautifully played by Henry Fonda, Lincoln moves from Kentucky to Illinois in the 19th-century and, over the course of a dramatic trial, discovers the sage qualities that will in the future mark his leadership as the nation’s leader. Ford’s populist touch is felt profoundly in each delightful vignette, adding up to a moving and often funny, humanistic view of a great man.


Mr. Smith Goes to Washington (Frank Capra, 1939): Many critics nowadays dismiss Frank Capra (“It’s a Wonderful Life”) as a creator of corny fantasies, but the truth is that his pictures are much tougher and darker than their comfy reputation would suggest. Capra’s account of idealistic Jefferson Smith (beautifully played by James Stewart) and his fall from innocence when he comes to Washington not only shows how vulnerable the political system is to human venality, it also anticipates the government scandals of many years to come. With an extraordinary cast that includes Jean Arthur, Claude Rains and Thomas Mitchell, it’s a political film in the greatest sense—aware of injustice yet optimistic about humanity’s potential for change.


Air Force One (Wolfgang Petersen, 1997): What country wouldn’t feel safe with Indiana Jones himself calling the shots? Harrison Combining strength of character with a penchant for brave action, Ford is perfectly cast as America’s dream President in this crack action hit from thriller specialist Wolfgang Petersen (“Outbreak”). An ex-marine and gruff family man, he finds himself stranded with the enemy thousands of feet up in the air when foreign rebels (led by Gary Oldman) take control of the titular presidential airplane. Boasting tightly directed suspense and a rock-solid supporting cast that includes Glenn Close, William H. Macy and Dean Stockwell, it’s smarter-than-your-average-blockbuster fare graced by Ford’s almost Gary Cooper-like sense of integrity.

Gary DiLillo, President 216-658-5618 or gary@avptc.com

To learn more about the benefits of
outsourcing personal property tax, please click here.



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Tacoma, Washington-- Adopt-a-Dog


BOO - ID#A257401

“My name is BOO.

“I am a spayed female, gold and white St Bernard - Rough Coated mix.

“The shelter staff thinks I am about 8 years old.

“I have been at the shelter since Jun 15, 2011.”

Older dogs are better behaved, no longer puppies, and when
cared for may live until 12 to 14 years.

For more information about this animal, call:
Humane Society for Tacoma and Pierce County at (253) 383-2733
Ask for information about animal ID number A257401

Tacoma/Pierce County Humane Society
2608 Center Street
Tacoma, WA 98409
(253) 383-2733

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--- News Briefs


Kelly Reale, vice-president, Key Equipment Finance
Leasing Equipment Still a Good Deal Despite Accounting Changes
http://www.industryweek.com/articles/leasing_equipment_still_a_
good_deal_despite_accounting_changes_24933.aspx?SectionID=4

Inside Rental, Leasing Services stocks
http://www.advisor.ca/news/industry-news/inside-rental-leasing-services-stocks-51986

Lender proves to be a costly buy for Bank of America
http://www.latimes.com/business/realestate/la-fi-bofa-settlement-20110630,0,4285261.story

Mortgage Performance Improves During First Quarter of 2011 as Large Number of Troubled Loans Works Through the System
http://www.ots.treas.gov/?p=PressReleases&ContentRecord_id=d7d320fd-b6fc-5490-c8e5-7b05c08b8850

First Foundation Bank Announces Agreement to Acquire Desert Commercial Bank
http://www.marketwatch.com/story/first-foundation-bank-announces-agreement-to-acquire-desert-commercial-bank-2011-06-29?reflink=MW_news_stmp

Ex-Citigroup executive charged with embezzling more than $19 million
http://www.nypost.com/p/news/business/ex_citigroup_
executive_charged_with_u4Y3XAsIGd2qK1SfZ1XkzN

Unemployment rises in more than half of US metros
http://www.boston.com/business/articles/2011/06/29/
unemployment_rises_in_more_than_half_of_us_metros/

Oracle gives its version of break-up with HP
http://www.mercurynews.com/business/ci_18379048?nclick_check=1

Sonoma Valley Bank shareholders file lawsuit blaming CEO
http://www.pressdemocrat.com/article/20110629/BUSINESS/110629389/1350?Title=Sonoma-Valley-Bank-shareholders-file-lawsuit-blaming-CEO

Oracle gives its version of break-up with HP
http://www.mercurynews.com/business/ci_18379048?nclick_check=1

CEO Pay | A 13% gain for Northwest CEOs in 2010 after 2 down years
http://seattletimes.nwsource.com/html/businesstechnology/2015415269_ceopay26.html

 

 



You May Have Missed---

Despite Fears, Owning Home Retains Allure, Poll Shows
http://www.nytimes.com/2011/06/30/business/30poll.html?emc=na





Sports Briefs----

49ers rookie QB Kaepernick shows off rifle arm
http://www.sacbee.com/2011/06/29/3734846/49ers-rookie-qb-kaepernick-shows.html

Former Raiders star comes out of retirement for kids
http://www.sacbee.com/2011/06/29/3734596/former-raiders-star-comes-out.html

Bankruptcy filing mars Brooklyn-born franchise
http://www.nypost.com/p/news/business/dodgers_curse_pBxJ1rdveVgPv9UlMY8yqI





California Nuts Briefs---

Brown signs tax bill; Amazon tells California affiliates it will drop them
http://www.sacbee.com/2011/06/29/3737019/amazon-says-it-will-cut-ties-with.html

 




“Gimme that Wine”


Direct-To-Consumer Wine Shipments Increase Significantly
http://www.prweb.com/releases/2011/6/prweb8605769.htm

Gallo Buying Edna Valley Vineyard
http://www.winespectator.com/webfeature/show/id/45323

Vinexpo 2011: Thousands Attend France's Premiere Wine Event
http://www.winemag.com/Wine-Enthusiast-Magazine/Web-2011/Vinexpo-2011-Attracts-Large-Crowds/

Visitors from China More Than Double At Vinexpo, To Lead All Foreign Attendees
http://www.shankennewsdaily.com/index.php/2011/06/28/1002/visitors-from-china-more-than-double-at-vinexpo-to-lead-all-foreign-attendees/

Napa vintner, hotelier realizes dream with new boutique Hotel Hanford
http://napavalleyregister.com/business/article_fcfa6be8-a207-11e0-9574-001cc4c002e0.html#ixzz1QjUtufR3


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

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

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

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

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

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This Day in American History

    1629-- The settlers of Salem, Mass. appointed Samuel Skelton as their pastor, by ballot. Their church covenant, afterward composed by Skelton, established Salem as the first non-separating congregational Puritan Church in New England. They had arrived on June 27 as the first settlers of Massachusetts Bay Colony, entering Salem Harbor. Led by John Winthrop, they were 900 strong, and arrived in five ships.
    1712- Head of the Pennsylvania colony, William Penn, 67, suffers a massive stroke and is rendered almost completely helpless. His second wife, Hannah Callowhill Penn, 41, convinces (some say bribed) colony officials to not notice that she guides Penn's hand in signing colonial documents. She goes on to rule the colony in Penn's name for 6 years and then another eight in her own name. She had been pregnant with their second of eight children when the couple embarked on the 3-month ship voyage from England to the New World in 1699. William Penn died at age 73 July 30, 1718. Penn's will gives full control of the colony and his fortune to his widow, Hannah, and she will govern it for 8 more years for a total of almost 14 years. (What? You didn't read that in your history books??? She fights Indians, corrupt politicians, and the British King but she does not give up her right to govern what becomes the Keystone state. The most serious challenge comes from Penn s oldest son by his first marriage who seeks to set aside his father's will. Hannah successfully fights the suit. She dies in 1726 from a stroke at age 55. Of the 13 original colonies, two of them were governed by women through crucial years: Margaret Brent in Maryland and Hanna Penn in Pennsylvania. 
    1768-Birthday of Elizabeth Kortright Monroe, wife of James, bravely ended elaborate, time-consuming social call obligations of the Presidential family. Such calls were so important that they were even discussed at a Presidential cabinet meeting.
    1812-The Treasury notes bearing interest were authorized by an act of Congress. The president was authorized to issue treasury notes to an amount not exceeding $5 million. The interest was fixed at “five and two-fifth per centum a year.”
    1859- Conquest of Niagara Falls. Charles Blondin, a French acrobat and aerialist (whose real name was Jean Francois Gravelet), in view of a crowd estimated at more than 25,000 persons, walked across Niagara Falls on a tightrope. the walk required only about five minutes. On separate occasions he crossed blindfold, pushing a wheelbarrow, carrying a man of his back and even on stilts. Blondin was born Feb. 28, 1824, at St. Omer, France, and died at London, England, Feb. 19, 1897.
    1862 - The Seven Days' Battles continues at Glendale (White Oak Swamp), Virginia, as Robert E. Lee has a chance to deal a decisive blow against George B. McClellan's Army of the Potomac. Lee's Army of Northern Virginia had already won the Seven Days' Battles, but the Confederates' attempt to rout McClellan cost many Southern casualties. The Seven Days' Battles were the climax of McClellan's Peninsular campaign. For two months, the Union army sailed down Chesapeake Bay and then inched up the James Peninsula. In late June, the two forces began a series of clashes in which McClellan became unnerved and began to retreat to his base at Harrison's Landing on the James River. Lee hounded him on the retreat. On June 30, Lee plotted a complex attack on the Yankees as they backed down the peninsula. He hoped to hit the front, flank, and rear of the Union army to create confusion and jam the escape routes. Those attacks did not succeed, as they required precise timing. Lee's own generals were confused, the attacks developed slowly, and they made only temporary ruptures in the Federal lines. Most disappointing for Lee was the performance of General Thomas J. "Stonewall" Jackson. Jackson was coming off a brilliant campaign in the Shenandoah Valley, but he showed little of his skill during the Seven Days' Battles. His corps halted at the edge of White Oak Swamp, and he focused his attention on taking a bridge from the Yankees. His officers located fords that would have allowed his men to bypass the bottleneck, but Jackson stayed put. This allowed the Union to move troops from Jackson's sector of the battlefield to halt a Confederate attack in another area. Lee's failure at Glendale permitted McClellan's army to fall back to higher, more defensible locations. The next day, July 1, Lee assaulted Malvern Hill and his army suffered tremendous casualties in the face of a withering Union artillery barrage.
    1863-the first civil War bloodshed north of the Mason-Dixon Line was a battle that took place between Brigadier General Judson Kilprick's 3 rd Cavalry Division, Army of the Potomac, and Major General James Ewell Brown Stuart's Cavalry Division, Army of Northern Virginia, at Hanover, PA. About 11,000 troops were in this cavalry and artillery engagement, which resulted in more than 300 casualties. The battle was one of the determining factors that enabled the North to win the battle at Gettysburg, PA, in July, 1863.
    1864-Congress levied a system of placing stamps on each package of cigarettes to indicate payment of tax.
    1864-Salmon P. Chase resigned from the Senate in 1861 to become the 25th Secretary of the Treasury as the Civil War began. He served for President Lincoln in that capacity from March 7, 1861 until June 30, 1864. when he again resigned. He helped build and establish the National Banking System in 1863, was not in favor of paper money without "tender." As a note of trivia, he was a very religious man and it was at his demand that paper and coin have printed on it:
“In God we trust.” Never truly accepting his defeat at the 1860 Republican National Convention, throughout his term at the Treasury department Chase repeatedly attempted to curry favor over Lincoln for another run at the Presidency in 1864. Chase had attempted to gain leverage over Lincoln three previous times by threatening resignation (which Lincoln declined largely on account of his need for Chase's work at Treasury), but with the 1864 nomination secured and the financial footing of the United States Government in solid shape, in June 1864 to Chase's great surprise Lincoln accepted his fourth resignation offer. Partially to placate the Radical wing of the party following the resignation, however, Lincoln mentioned Chase as an able Supreme Court nominee. Several months later, upon Roger B. Taney's death in 1864 Lincoln nominated him as the Chief Justice of the United States, a position which Chase held from 1864 until his death in 1873. In great contrast with Taney, shortly after taking office Chase allowed the first African-American attorney to gain admittance to practice before the Court.
http://en.wikipedia.org/wiki/Salmon_P._Chase
http://www.let.rug.nl/usa/B/spchase/chase03.htm
    1864--President Abraham Lincoln signed the Yosemite Land Grant, Senate Bill 203. The legislation provided California with 39,000 acres of the Yosemite Valley and the nearby Mariposa Big Tree Grove "upon the express conditions that the premises shall be held for public use, resort, and recreation."
http://memory.loc.gov/ammem/today/jun30.html
    1865- Danteste (or Tah-Des-Te) was an Apache woman warrior. It was not at all uncommon for girls to choose the warrior's way in several of the matrilineal governed Indian societies - as some men chose to be wives to other men, or to raise children, etc. Danteste was regarded as a great warrior and hunter. She was a mediator between Geronimo and the U.S. Calvary. She died in 1925.
    1868-- Mabel Cratty - U.S. Social worker and general secretary of the National Board of the Young Women's Christian Association. Under her leadership the organization went from 300 branches to 1,300. 
    1870-The first law school graduate who was a woman was Ada H. Kepley of Effingham, IL, who was graduated from the Union College of Law, Chicago, IL.
    1879-The first electric company organized to produce and sell electricity was the California Electric Light Company, San Francisco, CA, organized this day. In September, 1879, it furnished current from a central generating station for light Brush arc light lamps.
    1896-The first eclectic stove was a one-ring spiral-coiled conductor invented by William S. Hadey, Jr. of New York City, who obtained a patent this day. It provided a uniform surface distribution of heat.
    1906-The Pure Food and Drug Act was passed. It prohibited the sale of adulterated foods and drugs and demanded an honest statement of contents on labels. Dr. Harvey W. Wiley was mainly responsible for pointing up the necessity for this act. On the same day a Meat Inspection Act was passed by Congress. It was the result of the Reynolds and Neil report of June 4, which revealed shockingly unclean conditions in meat-packing plants. The Meat Inspection Act required sanitary conditions and federal inspection for all plants in interstate commerce.
    1906-- John Hope becomes 1st black president of Morehouse College. He also became president of Atlanta University.
http://www.georgiaencyclopedia.org/nge/Article.jsp?id=h-855
    1909—The first delivery of the coin bearing the likeness of a president was delivered to the Cashier of the Mint, and distribution began on August 2. The coin bore a likeness of President Abraham Lincoln, designed by Victor David Brenner and based on a photograph taken in 1864 by Mathew B. Brady. The coinage began at the Mint in Philadelphia, PA.
    1912-Birthday of Daniel Farrell (Dan) Reeves, Pro Football Hall of Fame executive, born at New York, NY. The heir to a chain of grocery stores, Reeves purchased the Cleveland Rams of the NFL in 1941. The team won the NFL title in 1945 but faltered financially. Reeves got the approval of his fellow owners to move the franchise to Los Angeles, the first major league team in any sport to play on the West coast. The Rams survived a challenge from the AAFC while Reeves broke the league's color barrier and pioneered the use of television. Inducted in the Pro Football Hall of Fame in 1967. Died at New York, April 15, 1971.
    1917—Actress, singer, legendary personality Lena Horne born in Brooklyn, New York. She began her career at 16 as a chorus girl at the Cotton Club in Harlem, appeared in the movies Cabin in the Sky and Stormy Weather & has Broadway career culminating in her one woman show. Horne was a strong civil rights advocate, refusing to perform in clubs where African-Americans were not admitted and marching during the civil rights movement in the 1960s.
http://www.imdb.com/name/nm0395043/ 
http://www.geocities.com/bourbonstreet/delta/6424/lenacoverf.html 
http://www.pbs.org/wnet/americanmasters/database/horne_l.html
    1921-The first former president to become chief justice of the Supreme Court was William Howard Taft, who was appointed chief justice on June 30, 1921. he resigned on February 3, 1930, a few weeks before his death.
    1922--Fiddlers Eck Robertson and Henry C. Gilliland made what are believed to be the first discs ever recorded by Southern country musicians. Following a Confederate reunion in Virginia, Robertson and Gilliland, dressed as Western plainsmen, traveled to New York. They recorded six titles for the Victor Company, some of which were released in April 1923.
    1930-Catholic saints who were active in North America were canonized in a three-day celebration commencing this day. Each of those canonized was credited with having performed two miracles and having met a heroic death. Among them were two laymen, Rene Gloupil and John Lalande, and six Jesuit priests: Isaac Jogues, John De Brebeuf, Noel Chabanel, Anthony Daniel, Gabriel Lalemant, and Charles Gamier. The Pontifical Mass was calibrated at the Vatican by Archbishop Forbes of Ottawa, Canada.
    1934-Emperor Norton I reburied in Woodlawn Cemetery, Colma by citizens of San Francisco, including The Ancient and Honorable Order of E Clampus Vitus. Norton I was buried January 10, 1880 at Masonic Cemetery. The funeral cortege was two miles long. 10,000 people turned out for the funeral. Masonic Cemetery which was located between Turk, Fulton, Parker and Masonic Streets on what is today parts of the University of San Francisco. The cemetery was moved to the Woodland Memorial Park in Colma, San Mateo County. During the period from 1852 to the mid 1940s the Big Four cemetery neighborhoods, Laurel Hill, Calvary, Masonic and Odd Fellows, covered Laurel Heights, Jordan Park and Long Mountain, and were moved, 5,600 alone from the Masonic Cemetery, including Emperor Norton I (35,000 from Laurel Hill to Cypress Lawn) as wells as Jewish, Greek, and others 1800's small cemeteries.
http://www.zpub.com/sf/history/nort.html
http://www.sfgenealogy.com/sf/history/hcmmas.htm
http://www.sfhistoryencyclopedia.com/articles/c/cemeteries.html
http://www.sanfranciscocemeteries.com/masnmap.html
http://www.notfrisco.com/nortoniana/index.html
http://www.knauer.org/mike/discordia/norton.php
http://en.wikipedia.org/wiki/Joshua_A._Norton
http://www.emperornortonbridge.org/story.html
    1936-Congress enacted the first 40 hour work week, primarily for “workers on government contracts,” with the requirement of compensation of overtime over in excess of over eight hours each day. The act was known as the Walsh-Healy Act.
    1936 --Folksinger Dave Van Ronk born in Brooklyn, NY; nicknamed the "Mayor of MacDougal Street." He was a pioneer of instrumental ragtime guitar, as well as an early supporter of Bob Dylan and Joni Mitchell, among many others. Van Ronk was very influential on the music scene in New York City in the 1960s.Died February 10, 2002.
http://en.wikipedia.org/wiki/Dave_Van_Ronk
    1939 - Frank Sinatra made his first appearance with Harry James' band. Sinatra was center stage at the Hippodrome Theatre in Baltimore, MD, where he sang My Love for You. He was a winner of a very popular radio show talent show, similar to today's "American Idol."
    1942 - The temperature at Portland, OR, hit 102 degrees, an all-time record for that location.
    1946-The first atomic bomb dropped from an airplane was released from Dave's Dream, an Air Force B-29 Superfortress over the Bikini Lagoon in the Pacific Ocean. 
    1948-The transistor was invented at he Bell Telephone Laboratories, Murray Hill, NY by John Bardeen, Walter Houser Brattain, and William Schockley. The first demonstration took place this day. The essential element of the device was a tiny waver of germanium, a semiconductor. Transistors perform the same functions as vacuum tubes, but occupy a fraction of the space and operate on greatly reduced amounts of power. The three inventors shared the Nobel Prize for physics in 1956. The transistor enabled the growth of the electronic industry.
    1943--Florence Ballard of the Supremes was born in Detroit. The three original Supremes - Ballard, Diana Ross and Mary Wilson - grew up together in a housing project. Through a friendship with members of the Temptations, the trios, then calling themselves the Primettes, were introduced to Berry Gordy, who signed them to Motown in 1961. It was Florence Ballard who suggested a change of name for the group - to the Supremes. It wasn't until their 10th single, "Where Did Our Love Go," in 1964 that the Supremes hit the top of the charts. Other number-one records for the Supremes that year included "Baby Love" and "Come See About Me." Diana Ross gradually emerged as the star of the group, and this and other problems led to Florence Ballard's departure from the Supremes in 1967. She later sued Ross and Berry Gordy, alleging she had been forced out of the group. Ballard lost the suit, and when she died three years later of cardiac arrest at the age of 32, she and her three children were living on welfare.
    1948-The Federal Communication department authorized telephone recording devices that produced a distinctive “beep” signal at regular intervals, to let those taking part in the conversation known that their voices were being recorded. Recording devices had been used previously by government and business.
    1948-Congress enacted the Water Pollution Control Act, which took effect this day. It provided funds for sewage treatment systems and pollution research and empowered the Justice Department to file suit against t polluters.
    1948- Canadian folk and country singer Murray McLauchlan was born in Paisley, Scotland. Brought to Canada at age five, McLauchlan began his career in coffee houses in Toronto's Yorkville district when he was 17. The success of his "Farmer's Song" in 1973 resulted in the first of his annual concert tours across Canada, and appearances in the US. "Farmer's Song," which won a gold record award for sales, also gave McLauchlan Juno Awards in 1973 for best folk single, best country single and composer of the year. He also won Junos in 1976, '77 and '79 for best male country singer.
    1949---Top Hits
Some Enchanted Evening - Perry Como
Again - Gordon Jenkins
Bali Ha'i - Perry Como
One Kiss Too Many - Eddy Arnold
    1950-A naval blockage of the Korean coast and the use of U.S. ground forces were authorized by President Harry S. Truman. the president had received the approval of Congress and the UN Security Council on June 27 to order US forces to South Korea to repel the North Korean invasion. While the war was to halt the invasion of communists, it was very unpopular in the United States and with inflation, the high deficit, Truman's popularity was at an old time low. On July 1, the first U.S. ground forces land in Korea, August 4, US. Army calls up 62,000 enlisted reservists for 21 months of duty, and September 8, emergency powers over the entire national economy were granted to President Truman under the Defense Production Act.
    1951-Rock and jazz bass player Stanley Clarke was born in Philadelphia. Following stints with such well-known jazz artists as Art Blakey, Gil Evans and the Thad Jones-Mel Lewis Orchestra, Clark and pianist Chick Corea formed a jazz-rock group called Return to Forever in 1972. The group's albums were popular, but Return to Forever disbanded in 1976. Clarke joined Rolling Stones guitarists Keith Richards and Ron Woods in 1979 for a North American tour as the New Barbarians. Among their appearances were two charity concerts for the blind in Oshawa, Ontario. The concerts were in lieu of a jail sentence for Richards on heroin possession charges.
http://en.wikipedia.org/wiki/Stanley_Clarke
http://www.stanleyclarke.com/frontpage.htm
    1952 - No. 1 Billboard Pop Hit: "Delicado," Percy Faith Orchestra.
    1953-The first sports car with a plastic laminated fiberglass body was the Chevrolet Corvette, produced this day at Flint, MI, by the Chevrolet Motor Division of the General Motors Corporation. The list price was $3,250, including a 1953 power glide automatic transmission as standard equipment. The car was only 333 inches at the door (body height), 70 inches wide, and 167 inches long on a 102 inch wheelbase. Its curb weight was approximately 2,900 pounds. It was the “hottest” car of the generation, before foreign sports cars overtook its sleekness and speed.
    1956-The first airline disaster involving more than 100 persons occurred when a Trans World Airlines Super constellation on route from Los Angeles to Kansas City collided with a united Air Lines DC-7 traveling from Los Angeles to Chicago and Newark. The accident took place over the Grand Canyon in Arizona. There were 128 deaths.
    1957-Buddy Holly records "Peggy Sue". In real life, she was Peggy Sue Gerron, the girlfriend of Crickets drummer Jerry Allison. The song was initially titled "Cindy Lou", but Allison convinced Buddy to change the title just before the recording session. Allison and Gerron were later married. 
    1962-Pat Boone's "Speedy Gonzales" enters the Billboard Hot 100 where it will reach #6. It was a song that Pat had to plead with his producer Randy Wood to let him record after he had first heard it in The Philippines. The tune would prove to be Boone's last Top 40 entry after a run of 7 years and 37 other hit singles. In 2010, "Speedy Gonzales" was used heavily by Canadian cellular telephone company Telus in a television commercial. 
    1965-The first hotel built over a pier was the Flagship Hotel, Galveston, Texas. The hotel containing 240 rooms, was built on a pier 1,500 feet long and 340 feet wide, extending into the Gulf of Mexico.
    1957---Top Hits
Love Letters in the Sand - Pat Boone
Teddy Bear - Elvis Presley
It's Not for Me to Say - Johnny Mathis
Four Walls - Jim Reeves
    1961--- Whitey Ford becomes the first pitcher in American League history to win eight games in one month. 'Slick's' complete-game 5-1 victory over the Senators is the Yankees' 22nd win in June.
    1962 - Los Angeles Dodger, Sandy Koufax, pitched his first no-hitter in a game against the New York Mets. Koufax would throw three more no-hitter games before retiring in 1966.
    1965---Top Hits
Mr. Tambourine Man - The Byrds
(I Can't Get No) Satisfaction - The Rolling Stones
Wonderful World - Herman's Hermits
Before You Go - Buck Owens
    1966-The National Organization for Women (NOW) was founded at Washington, DC, by people attending the Third National Conference on the Commission on the Status of Women. NOW's purpose is to take action to bring women into full partnership in the mainstream of American society, exercising all privileges and responsibilities in equal partnership with men.
www.now.org
    1966—Birthday of Louis Raymond (Louie) Agular, football player, born, Livermore, CA.
    1966 - The Supremes make the studio recording of "You Keep Me Hangin' On." The song tops Billboard's Hot 100 for two weeks and R&B singles chart for four weeks.
    1966--LONG, DONALD RUSSELL
Rank and organization: Sergeant, U.S. Army, Troop C, 1st Squadron, 4th Cavalry, 1st Infantry Division. place and date: Republic of Vietnam, 30 June 1966. Entered service at: Ashland, Ky. Born: 27 August 1939, Blackfork, Ohio. G.O. No.: 13, 4 April 1968. Citation: For conspicuous gallantry and intrepidity in action at the risk of his life above and beyond the call of duty. Troops B and C, while conducting a reconnaissance mission along a road were suddenly attacked by a Viet Cong regiment, supported by mortars, recoilless rifles and machine guns, from concealed positions astride the road. Sgt. Long abandoned the relative safety of his armored personnel carrier and braved a withering hail of enemy fire to carry wounded men to evacuation helicopters. As the platoon fought its way forward to resupply advanced elements, Sgt. Long repeatedly exposed himself to enemy fire at point blank range to provide the needed supplies. While assaulting the Viet Cong position, Sgt. Long inspired his comrades by fearlessly standing unprotected to repel the enemy with rifle fire and grenades as they attempted to mount his carrier. When the enemy threatened to overrun a disabled carrier nearby, Sgt. Long again disregarded his own safety to help the severely wounded crew to safety. As he was handing arms to the less seriously wounded and reorganizing them to press the attack, an enemy grenade was hurled onto the carrier deck. Immediately recognizing the imminent danger, he instinctively shouted a warning to the crew and pushed to safety one man who had not heard his warning over the roar of battle. Realizing that these actions would not fully protect the exposed crewmen from the deadly explosion, he threw himself over the grenade to absorb the blast and thereby saved the lives of 8 of his comrades at the expense of his life. Throughout the battle, Sgt. Long's extraordinary heroism, courage and supreme devotion to his men were in the finest tradition of the military service, and reflect great credit upon himself and the U.S. Army. 
    1966-The Beatles appear at the first of three concerts at Nippon Budokan Hall in Tokyo, Japan. Amateur recordings of the performance quickly became available as a bootleg album known as "Three Nights in Tokyo". 
    1970—Riverfront Stadium Opens. The Cincinnati Reds opened their new home, Riverfront Stadium, with a game against the Atlanta Braves. 51,050 fans packed the new park, but Henry Aaron hit a home run for Atlanta in the first inning, and the Braves won, 8-2. Riverfront Stadium later became known as Cinergy Field.
    1971 - The United States Supreme Court ruled that the "Pentagon Papers," documents on American involvement in the Vietnam War, could be published; the Nixon government had tried to suppress them.
    1971 - The 26th Amendment to the Constitution, lowering the minimum voting age to 18, was ratified as Ohio became the 38th state to approve it.
    1971-Paul Revere and the Raiders receive a Gold record for their only US #1 hit, "Indian Reservation". 
    1972 - The entire state of Pennsylvania was declared a disaster area as a result of the catastrophic flooding caused by Hurricane Agnes, which claimed 48 lives, and caused 2.1 billion dollars damage.
    1973---Top Hits
Give Me Love (Give Me Peace on Earth) - George Harrison
Will It Go Round in Circles - Billy Preston
Kodachrome - Paul Simon
Don't Fight the Feelings of Love - Charley Pride
    1974 - "Jaws'" famous July 4th scene was filmed. Until Steven Spielberg was satisfied, a crowd of 400 screaming, panicking extras in bathing suits ran from the water.
    1974 - Mrs. Alberta King, mother of the late Martin Luther King, was assassinated during a church service The murder happened as she sat at the organ in the Ebenezer Baptist Church in Atlanta. The Rev. Martin Luther King, Sr., struck by the violent deaths of his two sons and by the tragic death of his wife Alberta, said at her funeral service on July 3, “I cannot hate any man.”
http://www.religioustolerance.org/chu_viol1.htm#at
    1974 - No. 1 Billboard Pop Hit: "Rock the Boat," The Hues Corporation.
    1975- Cher and Gregg Allman of the Allman Brothers Band were married. She had been divorced from Sonny Bono only several days. Nine days after marrying Allman, Cher was again suing for divorce.
    1977- The theatrical rock group Kiss released a comic book of themselves. The story that band members contributed some of their blood to the printing ink undoubtedly helped boost sales past 
    1978-Willie McCovey of the San Francisco Giants became the 12 th player in major league history to hit 500 home runs. His milestone blast came off pitcher Jamie Easterly of the Atlanta Braves, but the Giants lost, 10-25
    1981---Top Hits
Bette Davis Eyes - Kim Carnes
A Woman Needs Love (Just like You Do) - Ray Parker Jr. & Raydio
The One that You Love - Air Supply
Blessed are the Believers - Anne Murray
    1983-After a ten year split, The Everly Brothers announced that they would be reuniting. The pair had parted company after Phil smashed his guitar and walked off the stage during a 1973 performance. 
    1985 - After 4,625 performances, Yul Brynner left his role as the King of Siam in "The King and I." The show had run at the Broadway Theatre in New York City, on and off, for over 34 years. Less than four months later, Brynner was dead of lung cancer at the age of 65. Brynner had opened in "The King and I" on Broadway in 1951. He also starred in the 1956 movie version.
    1985 - For the 13th time since 1972, the world's official timekeeping atomic clock counted off one extra second at 23:59 Greenwich Mean Time, or UCT, Universal Coordinated Time, (7:59:59 p.m. in New York). The leap second was compensation for the gradual slowing down of the Earth's rotation.
    1985 - No. 1 Billboard Pop Hit: "Sussudio," Phil Collins.
    1987 - Hot weather prevailed in the Pacific Northwest, with readings above 100 degrees reported as far north as southern British Columbia. Yakima, WA, reported a record high of 100 degrees, while temperatures near the Washington coast hovered near 60 degrees all day. Thunderstorms prevailed from southwest Texas to New England. Thunderstorm winds gusting to 100 mph at Gettysburg, PA, killed one person. High winds and large hail caused more than five million dollars damage to property and crops in Lancaster County, PA.
    1989-26 year old Paula Abdul is the featured performer of the Club MTV: Live show in Miami. Her debut album "Forever Your Girl" is currently climbing towards the top of the Billboard chart.
 @ Fillmore West in San Francisco Artist: David Singer
    1971: June 30th thru July 4th In San Francisco, the Last Days of the Fillmore West Boz Scaggs, Cold Blood, The Flamin' Groovies, Stoneground, It's a Beautiful Day, Elvin Bishop Group, Grootna, Lamb, Grateful Dead, The New Riders of the Purple Sage, The Rowan Brothers, Quicksilver Messenger Service, Hot Tuna, Yogi Phlegm, Santana, Credence Clearwater Revival, Tower of Power, San Francisco Light Works, Little Princess #109, and Heavy Water 
    1988--former Beach Boy Brian Wilson released his first record in 22 years, "Love and Mercy." The album was not a commercial success. On the same date, the Beach Boys released the single "Kokomo," which went to number one. 
    1989 - Winnfield, LA, reported 22.52 inches of rain in three days, and more than thirty inches for the month, a record for June. Shreveport LA received a record 17.11 inches in June, with a total for the first six months of the year of 45.55 inches. Thunderstorms also helped produce record rainfall totals for the month of June of 13.12 inches at Birmingham AL, 14.66 inches at Oklahoma City, OK, 17.41 inches at Tallahassee FL, 9.97 inches at Lynchburg, VA, and more than 10.25 inches at Pittsburgh, PA. Pittsburgh had also experienced a record wet month of May.
    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
    1994 - The U.S. Figure Skating Association stripped Tonya Harding of the 1994 national championship and banned her from the organization for life for an attack on rival Nancy Kerrigan.
    1995-- At the Metrodome, Indians' designated hitter Eddie Murray collects his 3000th career hit off Mike Trombley to become the 20th player to accomplish the feat. 'Steady Eddie' joins Pete Rose as only the second switch-hitter to reach the milestone.
    1995-- Garth Brooks buried a copy of his album "The Hits" beneath his star on the Hollywood Walk of Fame. It was the first object to be preserved underneath the walk.
    1996 - Neil Young premieres his album, "Broken Arrow" via the Internet. The album is slated for release on July 2, two days after its technologically advanced premiere.
    1998 - Linda Tripp, whose tape-and-tell friendship with Monica Lewinsky spurred a White House crisis, spent six hours testifying before a grand jury in Washington. Her revelations were about to almost bring down the presidency of the United States.
    1998 --With an eighth-inning homer against the Diamondbacks, Cubs' slugger Sammy Sosa extends his major league record for home runs in a month, hitting his 20th round-tripper in June.

 

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Top Stories

(chronological order)

- Galloway and Shivers to Influence the Small Ticket Marketplace
- "Vendor Verification" hits Pay dirt on First Inspection
- Balboa Capital : Court Bypasses Lessor's Forum Clause
   as a Result of Forgery
- Analysis of the Top Leasing Web Sites
- John Boettigheimer-The North Open Men's Soccer Championship
- Direct Capital Releases FinanceQuote App to Simplify Vendor Finance
- Caution! Look Out for Vendors!
- Royal Links Appeal Rules Back to Trial
   by Tom McCurnin
- More Top Leasing Web Sites
- Top Ten Cities with the Highest Credit Scores
- OneSource Develops Business License Software
- Jeffrey Taylor in Hospital
- Get Linked In---
   by Christopher Menkin, Publisher
- The Main Reason to Lease
- John Otto/HL Leasing Alleged Scam---Up-dated
- The Strange Case of Sheldon Player
- Marlin Profit Down due to hiring more sale personnel
- Five Point Capital, San Diego, California
  Bulletin Board Complaint
- Goodbye LEAF Financial by Christopher Menkin
- Shivers Secures $25 Million Line with Wells
- Newcourt’s Hudson Controversial Move Back into Leasing
- Franchise Industry Report by Bob Rodi, CLP
- Talk About Chutzpa, Fanghella has more than Trump
- U.S. Bancorp Sunny Days
- Leasing Association Membership Confirms Changing Industry
  by Christopher Menkin
- Bank of the West moving more workers to Bishop Ranch
- Key Bank and Leasing---The Numbers
- Leasing Icon Robert Krause Retires
- Allied Health Care Services Charles K. Schwartz Pleads Guilty
- US Bank Manifest More Cut Offs
- ZRG Leasing Index Posts 33% Increase in Q1
- BBB: Rating Leasing Companies
- Despite Marketplace Losses, Pawnee Year-End $12.4MM Profit
- State of the Leasing Industry
   by Christopher Menkin
- Richest Man in Leasing: Steven Udvar-Hazay
- Lease Company vs. Commercial Equipment Finance Company?
- Leasing Gypsies Strike Again in Southern California
  Bulletin Board Complaint
- High Risk Lenders Use Native American tribes by Jeffrey Taylor
- Snowflake Financial---A new angle
  Bulletin Board Complaint
- From Zero to over $450 Million in One Year
- License Up-Date for Leasing in United States
- Loan/Lease Statute Up-Date
- Church Kiosk Fray---Comes back to bite Balboa on the...
- Tyco Kozlowski Mansion Sold to Direct Capital CEO & Wife
- Business Leasing Northwest, Seattle, Washington
   Bulletin Board Complaint
- Brican America---Update
- Bulletin Board Complaint---ACC Capital
- Leasing Brings Resource America to a serious loss by Christopher Menkin
- Six Years to Name Final Royal Links Scam Principal
- Vaughn Indicted for defrauding banks, leasing companies
- Wildwood employees get prison for Leasing Ponzi scheme
- Operation Lease Fleece---2011 Update
- IFC Credit Corporation BK—Up-date
- De Lage Landen: A Teachable Moment by Bernie Boettingheimer, CLP
- Leasing News Position on Evergreen and Winter Green Leases
- I should have called Lease Police!
   by Christopher Menkin
- PinnFund/PinnLeasing Michael Fanghella Out of Jail Seeks $150,000 Job
- Three Class Action Suits re: Brican America
- Verifying Tax Returns
- NorVergence---still going
- Starting a Leasing Company-Four Parts
   by Mr. Terry Winders, CLP
- Free Mobile Wine Program
- Special Report: Part I
   Could Church Kiosks, Royal Link Carts, NorVergence results been avoided?

   The use of “Equipment Finance Agreements”
- Special Report: Part II
    Bank of the West

   Equipment Lease Agreement (EFA)
- California License Web Addresses