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Leasing News is a web site that posts information, news, and
entertainment for the commercial bank, finance and leasing industry


Friday, June 13, 2014

Today's Equipment Leasing Headlines

   Archives---June 13, 2006
Bob Fisher Promoted to Executive Vice President
    Classified Ads---Legal
Companies who notify lessee in advance
   of lease expiration
New Hires—Promotions
  in the Leasing Industry
      Leasing Industry Ads---Help Wanted
Some banks still moving into undercapitalized territory
   SNL Financial Exclusive
Channel Partners---65% of Our Funded Deals are A or B Credit
  Philpott Family Makes the Charlotte Observer
    Professional Chef Prepares Meals for his Family
      Leasing News Icon for Android Mobile Device
        Golden Retriever
     Charlotte, North Carolina  Adopt-a-Dog
    Capital Conferences---Update
  Father of the Bride/Indiana Jones and the Last Crusade
   Mrs. Doubtfire/Finding Nemo/World's Greatest Day
    Father Day Movies at Amazon/Netflix by Fernando Croce
   Classified ads
News Briefs--- 
Element Financial Declares Quarterly Preferred Shares Dividends
 Number of car loans up by over 30%
  Buyers, refinancers seize low mortgages
    Chase, BMO fight regulators over remains of failed bank
     Starbucks Tackles Another Tech Problem With Phone-Charging Mats

Broker/Funder/Industry Lists | Features (collection)
Top Ten Stories Chosen by Readers | Top Stories last six months (Be Careful of Doing Business)

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    Sports Briefs---
      California Nuts Brief---
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Archives---June 13, 2006
Bob Fisher Promoted to Executive Vice President

Bob Fisher Promoted to Executive Vice President

KINGWOOD, TEXAS , – Main Street Bank, Kingwood, Texas , announced the promotion of Bob Fisher, CLP, to Executive Vice President of the Equipment Leasing Division. Fisher will have responsibility for all the operational aspects of the lease finance division including credit, lease documentation, funding, syndications and the call center. Additionally, he will continue to manage the wholesale originations and the sales offices.

Ex-U.S. Marine Bob Fisher

Fisher, a nationally recognized leader in the equipment finance industry, has a 25-year background in credit, sales and management in the equipment financing industry. Beginning his career with the CIT Group/Sales Financing Inc, he has held various sales, credit and management positions throughout his career. Fisher has been active in numerous professional organizations, including UAEL, EAEL, ELA and NAELB, and served as UAEL President in 2002. Fisher was graduated from Trenton State College, Trenton , New Jersey .

Tom Depping, Chairman of Main Street Bank stated: “We are very pleased to have Bob on our team as Main Street continues to develop a strong and dynamic, customer oriented equipment leasing group.”

Fisher said: “It is a pleasure to be part of Main Street Bank and its dynamic leasing team. I look forward to continuing working in my newly expanded role to bring innovative financial solutions to our customers.”

Main Street Bank maintains retail-banking offices in the Houston , Texas market and is a national leader in commercial equipment lease financing.

Fisher can be contacted at

(Mr. Fisher began his career with The CIT Group/Sales Financing Inc. holding various sales, credit and management positions throughout his 20 plus year tenure. He was with New Era in Illinois , who became Datronics, and when they went out of business due to some improprieties of their president, started Fisher-Anderson in Des Moines , Iowa .

(When Marcap ended funding and then took of the portfolio, he started Firerock Financial, then moved to Houston , Texas , and joined the management team of Douglas-Guardian. He missed the excitement of “putting deals together,” which his good friend Bruce Lurie understood, and joined Main Street to help put the small
business bank on the map. Fisher is considered by his peers to be one of the best credit decision makers in the equipment leasing industry. Editor)



Bob Fisher, CLP, Sr. Vice President at Ascentium Capital

Featured in the latest CLP Newsletter Spotlight


Classified Ads---Legal

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

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; | Resume

Free Posting for those seeking employment in Leasing:

All “free” categories “job wanted” ads:


The Good Guys: Companies who notify lessee
in advance of lease expiration

These companies do not use language to confuse, perhaps to deceive, with the result an automatic continuation for an additional twelve months of payments. They do not invoke the twelve months on a $1.00 purchase option or an Equipment Finance Agreement.
In its editorial of June 30, 2011, Leasing News recommended that the equipment lessor send a certified letter with return receipt; however, at this time, the acceptance of the word of the president of the company will be accepted until proven otherwise.

ABCO Leasing
Advantage Funding
Agility Ventures LLC
Allegiant Partners
American Leasefund, Inc.
BancLease Acceptance Corporation 
Bank of Ozarks Leasing 
Bankers Capital
Bank of the West, Indirect Equipment Finance 
Black Rock Capital
BSB Leasing
Capital Technology & Leasing, LLC
Cobra Capital, LLC
Commerce National Bank
Dakota Financial, LLC
Direct Capital

Financial Pacific Leasing
Five Point Capital, In
Forum Financial Services, Inc.
Gonor Funding

GreatAmerica Financial
Innovative Lease Services, Inc.
Madison Capital
Macrolease Corporation 
Manufacturer's Lease Plans, Inc
Mesa Leasing
Maxim Commercial Capital
Mount Pleasant Capital
National Machine Tool Financial Corporation
Navitas Lease Corp. 
Northwest Leasing Company
P&L Capital Corporation 
Pacifica Capital 
Padco Financial Services
Pawnee Leasing Corporation

Southern California Leasing, Inc
Specialty Funding, Albuquerque, New Mexico
Standard Professional Services, LLC
Stoddard & Associates 
TEAM Funding Solutions


(Click on name or go to full list:)




New Hires—Promotions
in the Leasing Industry

Kenneth Blanck was named VP Business Development, Innovation Markets at Key Equipment Finance, Dallas/Fort Worth Area.  Previously, he was Southwest Region Manager, H2O Applied Technologies (September, 2009–May, 2014); Account Manager, Energy Finance, Siemens (January, 2005–July, 2008); Vice President, Capital Markets, Siemens Financial Services (January, 2002–December, 2004); Vice President- Capital Markets, ATEL Leasing Corporation (January, 1998–December, 2001); Account Manager,
Pitney Bowes Credit Corporation (January, 1991–December, 1997);
District Manager, Security Pacific Leasing Corporation (January, 1986 – November, 1990); District Manager, United States Leasing Corporation
(January, 1982–January, 1986). Education: State University of New York College at Fredonia, BS, Finance, Accounting (1972–1976).

Rick Blowers was promoted to Senior Vice President, Vendor Finance at First American Healthcare Finance, Rochester, New York . Previously, he was Vice President of Sales, First American Healthcare Finance (June, 2005-June, 2014); VP and General Manager, Debt Counseling Works (2003–2005); Vice President of Sales, ConServe (2002–2003); Vice President of Sales, Forbes Products (1987-2002). Organizations: American Hospital Association, Partner Advisory Board (January, 2014–Present).  CNB Healthcare Council, Member
(March, 2014–Present). Education: SUNY Buffalo, Bachelor's degree, Business/Corporate Communications (1980–1985)

Jim Crowley was hired as Business Head at Volostar Aerofinance Ltd,.  Previously, he was Managing Partner, Vortex Aviation Capital, Inc. (February, 2013–May, 2014); Managing Director, Guggenheim Partners, Business Aircraft Investments (June, 2008 – October, 2012). Prior, he was National Sales Manager, Key Equipment Finance, September 1999; promoted June, 2003 to Director, Business Aviation Finance.

Sommer Hambleton was hired as Executive Assistant, Mazuma Capital Corp, who has recently merged with Onset Financial, Utah. Previously, she was Credit / Syndication Administrator, Pacific Western Equipment Finance (November, 2010–June, 2014).

Jim Kamradt is back at ATEL Securities Corporation, San Francisco,
serving as Executive Vice President & National Sales Manager.  He originally joined the company in 1997 in the positions of EVP, National Sales Manager, and Senior Vice President.  Before returning to Atel, he was Senior Managing Director - Capital Markets: Institutional Services Division, Arque Capital, Ltd. (August, 2013–June 2014); Executive Vice President & Director of Business Development, Independence Realty Securities, LLC (February, 2012–August, 2013); National Accounts Director, SVP, Thompson National Properties, LLC (2009–January, 2012.  Prior to ATEL, he was Vice President, Ally Capital (1992–1997); National Credit & Operations Manager, Phoenix American (1985–1986).  He was Executive Board Member Michigan Technological University (June, 2013).  Board Member, Muir Beach Volunteer Fire Association (March, 1995–November, 2000). Education: University of California, Berkeley - Walter A. Haas School of Business, MBA, Management (1992–1994); Michigan Technological University, BSc, Marketing (1979–1983).

Michael Miller was named Senior Lending Manager at RSF Social Finance, San Francisco Bay Area.  Previously, he was National Account Manager, Frist Star Capital (March, 2008–May, 2014). Owner, Locus Capital (2008–2014); Partner, Starry Night Winery (1999 – Present)

William F. (Bill) Stephenson has been appointed Chief Executive Officer and Chairman of the Executive Board of De Lage Landen, Wayne, Pennsylvania. He joined the organization January, 1987 as President, Office Technology Group, promoted to CCO Executive Board, June, 2007, and then named Chairman/Executive Board VF, July, 2010.  “Earlier this year DLL reported 2013 annual results, including net profit of 402 million Euro (534 million USD), an increase of 6.2% over the prior year.  Stephenson, along with his fellow Board members, intend to build upon this success by continuing the company’s focus on deep industry knowledge, innovative products and a strong commitment toward both global and local customers.

“By collaborating closely with our customers and developing products and services that help them realize their true potential, we are able to  set ourselves apart,’ said Stephenson.  ‘I started in sales and very early in my career learned that if you listen to your customers and understand what it takes to be successful in their market, you become more than just a provider of capital.  You become a trusted partner.  I am proud to lead a company that continues to adhere to these core principles."

Stephenson has lived and worked in various countries and is a frequent speaker at industry events. He serves on the Board of Directors of the Equipment Leasing and Financing Association (ELFA). Education: Harvard University Graduate School of Education (2008–2008); Florida State University - College of Business, BS, Business (1981 – 1982). United States Air Force Academy, Finance (1979– 1981). Lakenheath, England, High School (1977-1979).



Leasing Industry Help Wanted

For information on placing a help wanted ad, please click here:

Please see our Job Wanted section for possible new employees. 


Some banks still moving into undercapitalized territory
SNL Financial Exclusive
By Hina Nawaz and Nathan Stovall

While the number of undercapitalized banks continued to decline in the first quarter, more than a handful of institutions entered the dreaded ranks in the period. 

In 2013, the number of undercapitalized banks decreased steadily and not necessarily through failures as was the case during 2011 and 2012. Although true success stories were not commonplace, more banks found their ways out of trouble through positive means in 2013 than in years past. A few banks escaped undercapitalized territory in the first quarter of 2014, and the ultimate number of undercapitalized institutions declined notably. However, even at this late stage in the credit cycle, more than one-third of the operating banks that are undercapitalized only just moved into that territory in the first quarter.

The FDIC defines undercapitalized banks as those with a total risk-based capital ratio below 8.0%, a Tier 1 risk-based capital ratio below 4.0% or a Tier 1 leverage capital ratio below 4.0%, unless the bank is a CAMELS one-rated institution. In that case, a bank would be undercapitalized if its leverage ratio was less than 3.0%.

At the end of the first quarter, 19 banks and thrifts were undercapitalized, based on the criteria of having Tier 1 ratios below 4%, compared to 24 institutions at the end of the fourth quarter of 2013 and 38 institutions a year ago, according to SNL data. The drop in the first quarter represented the largest decrease in undercapitalized institutions in some time. Declines in undercapitalized institutions had moderated over much of 2013 as the sheer number of banks still reporting low capital ratios fell to pre-crisis levels.

The current number of undercapitalized institutions stands in stark contrast to the levels seen three years ago, when 83 banks were considered undercapitalized. Failures were the main contributor to the decrease in undercapitalized institutions in 2011 and 2012. The trend was consistent through those two years, when the number of undercapitalized banks decreased by 49 to 44 institutions. During that period, a number of banks joined the ranks of the undercapitalized and 143, while 36 banks found their way out of trouble through recapitalizations, mergers or balance sheet shrinkage and de-risking, coupled with modest earnings in some cases.

The trend was more positive in 2013, when 16 banks, including five in the fourth quarter, found their way out of undercapitalized territory without failing or closing their doors. Just 24 banks failed in 2013 — only two banks failed in the fourth quarter.

Two banks previously deemed undercapitalized have failed since SNL last published the list of undercapitalized banks in the industry. When excluding banks that have failed or merged since the end of the first quarter, SNL data shows that, as of June 6, 15 banks were undercapitalized based on March 31 data, compared to 17 banks at the last publication of the list of undercapitalized banks.

The 15 undercapitalized banks reported a median Tier 1 ratio of 2.80% at the end of the first quarter, and the group reported median linked-quarter declines in their capital ratio of 21 basis points.

A total of four banks escaped undercapitalized territory during the first quarter, compared to six banks in the fourth quarter of 2013.
Two institutions escaped undercapitalized territory by receiving capital infusions in the period, while two banks failed in the first quarter.
One institution that was undercapitalized at the end of first quarter has since come under new ownership. FirstSecure Bank and Trust Co.'s parent company, Community Holdings Corp., changed ownership in May, when a private investor infused about $7.2 million into the institution.

Fort Lauderdale, Fla.-based Valley Bank, which reported a Tier 1 risk-based ratio of 0.87% at the end of the first quarter, nearly found a lifeline of its own when the Seminole Tribe of Florida applied to acquire the institution. Shortly thereafter, the tribe ultimately decided not to move forward with its application to purchase the bank.

Other banks made moves in the opposite direction in the first quarter, joining the undercapitalized ranks in the period. Six banks, all of which had less than $500 million in assets, gained undercapitalized status during the first quarter. The banking industry as a whole, though, finds itself on the mend, with credit quality having improved considerably from the depths of the crisis.

Commercial banks' adjusted nonaccrual loans fell to $86.20 billion in the first quarter, from $89.93 billion in the prior quarter and $115.23 billion a year earlier, while net charge-offs declined to just 0.52% of average loans, from 0.61% in the linked quarter and 0.85% one year ago, according to SNL data.

With the improvements, the number of banks on the FDIC's "problem list" continues to decline, building on the success in 2013, when problem banks declined at an even faster rate than the decrease in undercapitalized institutions. The number of institutions on the problem list dropped notably again in the first quarter, falling to 411 institutions from 467 institutions in the 2013 fourth quarter and 612 a year ago, a 12.0% drop from the linked quarter and down 32.8% from the year prior. The number of problem institutions stood at 772 two years ago and 888 three years ago.

Banks that continue to grapple with issues and remain on the problem bank list and in undercapitalized territory are largely in areas that suffered from stress during the cycle. The Southeast remains home to more undercapitalized banks than any other region.

Florida, where 70 banks have failed this cycle, had three operating banks falling below the 4% Tier 1 risk-based capital threshold at March 31. Georgia and Illinois also had three operating, undercapitalized institutions as of June 6, using March 31 data. Eighty-eight banks have failed in Georgia this cycle, while 58 banks have failed in Illinois.


John Kenny 
Receivables Management

• End of Lease Negotiations & Enforcement
• Fraud Investigations
• Credit Investigations • Asset Searches 
• Skip-tracing • Third-party Commercial Collections | ph 315-866-1167|

(Leasing News provides this ad as a trade for investigations
and background information provided by John Kenny)



Channel Partners---65% of Our Funded Deals are A or B Credit


Philpott Family Makes the Charlotte Observer
Professional Chef Prepares Meals for his Family

(Ben Philpott places dinner plates on the table for his children, Nancy Sage and Cabell. Philpott, the executive chef at Block & Grinder, tries to balance his life as a chef with his desire to raise his kids on home-cooked food.)

Mae Philpott, Business Development director, MAXIM Commercial Capital, family made the food section of the Charlotte Observer.




Leasing News Icon for Android Mobile Device

As an icon works on a computer, this one connects to, which is designed for a portrait reading, versus a landscape (but can be read either way). 

Open in the mobile devicde, then click the link to download the icon. Your mobile device has a download section, as your computer does, find the .apk file and open it. It will be placed with all icons and you can drag it to your face or page you want on your mobile device. 

You can also copy and email it to your email program on your mobile device, and download direct (you can also ask us to email to you, which you can download).



Leasing News: Special Father’s Day Edition
By Fernando Croce

With Father's Day just around the corner, let every movie buff seize the opportunity to settle down with Dad and a great movie. Here are some prime recommendations, all available on Netflix:

Father of the Bride (Vincente Minnelli, 1950): Best known for such classic MGM musicals as "Meet Me in St. Louis" and "The Band Wagon," director Vincente Minnelli was also displayed a deft comic touch in this fondly rendered family comedy. The setting is the Banks household, where the familial tranquility of Stanley (Spencer Tracy) and Ellie (Joan Bennett) is disrupted when their daughter Kay (Elizabeth Taylor) announces that she's getting married. As preparations overrun the household and expenses pile up, Stanley finds himself dealing with a potent mix of paternal pride and anxiety. Featuring a lovely portrait of fatherly affection and befuddlement by Tracy and Taylor at her most luminous, this polished movie remains both hilarious and heartbreaking in ways that easily surpass Steve Martin's 1991 remake

Indiana Jones and the Last Crusade (1989): Not only is Steven Spielberg's second sequel to "Raiders of the Lost Ark" a thoroughly rousing action film, it is also a funny and poignant exploration of the familial concerns that appear throughout the director's career. Harrison Ford is back as Indiana Jones, globe-trotting explorer extraordinaire, though this time he's paired with an unexpected sidekick: Professor Henry Jones, his estranged father, delightfully played by Sean Connery. The search that brings them together is an ancient one, as the two journey through Europe in the midst of World War II to find the mysterious, magical Holy Grail. The search takes them deep into Nazi territory, where their bond is tested not just by ruthless enemies, but by their own need for faith. Though fans of the franchise may prefer the earlier installments, this one may be the series' most spiritually satisfying entry.

Mrs. Doubtfire (1993): Robin Williams had one of his most beloved roles in this wildly successful comic blockbuster, directed by Chris Columbus ("Home Alone"). Williams stars as Daniel Hillard, an eccentric actor who finds himself separated from his children when his wife Miranda (Sally Field), concerned about his irresponsibility, files for a divorce. Only allowed to see his kids once a week, Daniel decides to take advantage of his thespian skills and, with the help of his make-up artist brother (Harvey Fierstein), disguises himself as an elderly British nanny called Mrs. Doubtfire. It's during this extended masquerade that he actually learns about parenting, and grows closer to his family. Giving free rein to Williams' legendary improvisational gifts, the movie struck a chord with audiences with its blend of laughter and warmth.

Finding Nemo (2003): One of Pixar’s most beloved animated classics, Andrew Stanton's hugely popular computer-animated comedy-adventure is, among other things, a heartening view of parental dedication that's perfect for Father's Day. Set in the endless blue of the ocean, the story follows Marlin (voiced by Albert Brooks), a timid clownfish who desperately looks for his lost son Nemo (Alexander Gould). Captured by a fishing boat and taken to Sydney, Australia, Nemo finds himself in a dentist office’s aquarium presided over by the eccentric Gill (Willem Dafoe). Meanwhile, Marlin ventures into the ocean's most colorful and dangerous corners with the help of the delightfully forgetful Dory (Ellen DeGeneres). With shimmering visuals, a roster of wonderful characters, and humanistic lessons about family and perseverance, the movie showcases Pixar’s craft at its peak.

World's Greatest Dad (2009): Best known for his manic onscreen persona, Bobcat Goldthwait is also a director of outrageously edgy comedies. And this gleefully dark portrait of despair and redemption may be his edgiest yet. The story centers on Lance (Robin Williams), a high school poetry teacher who dreams of being a famous writer while being stuck at home with an insufferably sarcastic son, Kyle (Darly Sabata). When a sudden turn of events leaves Lance alone and facing the opportunity of a lifetime, he decides to seize his chance at turning tragedy into success. However, as newfound fame and media attention swirl around him, can he keep up the web of lies without compromising his integrity? Keeping up a cynical front while in reality offering a moving account of a man's awakening, Goldthwait's film remains a funny, sharp sleeper.



Classified ads

Leasing Industry Outsourcing
(Providing Services and Products)

Collector: Atlanta, GA
Asset Recovery Specialist. We get your money or we get your > equipment back for you. Physical Asset Recovery Experts!
Collector: Cleveland, OH 
Huntley Capital & Associates is your solution to late payments, no payments, and asset recovery. Call 216-337-7075. 
Collections: Dallas, Texas
Contingency Fee basis. Receivables Outsourcing. We are a fully bonded nationwide licensed agency. We collect for nationally known banks and leasing companies. 
Collector: Los Angeles, CA
Expert skiptracers covering Southern California. We locate skips, judgment debtors and collateral. When you can't get the job done in house, give us a call at
Collector: Louisville, KY
We are a full service collection agency with attorney network. 21 years experience. Please call Jon Floyd, VP at 1-800-264-6850 
Collector: Louisville, KY 
Euler Hermes/UMA 92 year old Global Receivables Outsourcing. Presence in 143 Countries. Work w/ 4 out of 5 Fortune 500 firms. Contingency Fee Structure.
20% off first time clients.!
1-800-237-9386 x 205.

Collector: Milwaukee, WI 
We specialize in ATM machine reposession and remarketing. We can get you top dollar for your inventory.

Collector: Nationwide
End of lease negotiations & enforcement. Third-party collections. Skip-tracing. Background checks. Credit & asset investigations. 15+ years in leasing industry. Providing services to clients nationwide.

Collector: Saint Louis, MO
Complete commercial collection agency. Licensed bonded in all states and will out performed any other agency!
Call 1-800-659-7199 ext.315
Consultant: Nationwide
25 yrs. experience: Creating/Refining Business Plans to raise capital· Credit Underwriting support/policy/procedure development · Operations Support/policy/procedure development.
Call: 610-246-2178, McCarthy Financial, LLC,
Consultant: Burlington, CT
We provide our clients with a full range of consulting services such as portfolio conversions, reconciliation, custom programming and leasing operations utilizing InfoLease. 
Consultant: Europe
15 years doing deals/running own technology leasing company – looking to advise/ lead new entrants to take advantage the European market opportunity. or 
Consultant: Henderson, NV
Focus on new business development and process efficiencies to create incremental revenue and profitability. Executive level vendor experience, and satisfied outsourcing clients. Incredible track record.

Consultant: Sausalito, CA
Lease trainer and consultant. 38 years in equipment leasing. Expert in transaction analysis, financial statement analysis, credit, packaging, structuring. Presents highly popular classes and workshops.

Consultant: North of Detroit, MI 
INFOLEASE EXPERT - 18 years experience. Since being downsized in 2002, working as a consultant for several leasing companies. Seeking consulting projects nationwide. 


Communications:Chassell, MI

Cartoons on business, finance & computers. Use for your presentations, website, newletter, direct

mail projects etc. Fees are negotiable. 
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All "Outsourcing" Classified ads (advertisers are both requested
and responsible to keep their free ads up to date:

How to Post a free "Outsourcing" classified ad:

Mr. Terry Winders available as a consultant regarding assisting attorneys in resolving disputes or explaining procedures or reviewing documents as utilized in the finance and leasing industry.

He is the author of several books, including DVD's, as well as weekly columnist to Leasing News. He also performs audits of leasing companies as an expert on documentation, and has acted as an expert witness on leasing for litigation in legal and tax disputes, including before the IRS. He also has taught the senior bank examiners, how to review a bank leasing department, for the Federal Reserve in Washington D.C. and has trained the examiners for the FDIC on how to prepare a lease portfolio for sale.


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



Golden Retriever
Charlotte, North Carolina  Adopt-a-Dog

Age: 3 years, 3 months
Color: Golden
House Trained
Location: Kennel Two
Intake Date: 4/21/2014

My owners are moving and now I need a new home! I am a sweet boy, but kind of unconfident at first. I am housebroken and used to being an indoor dog. The other dogs in my previous home (all males) and I didn't get along well so I probably would do better as an only pet. Children can sometimes overwhelm me too, so a quiet, structured household would be ideal for me. I really want someone to help me gain the confidence that I need so I can live a happy and relaxed life. Could that be you?

Adoption Fee: $125

Humane Society of Charlotte, 2700 Toomey Avenue,
Charlotte, NC 28203
email Contact:

Our hours:
Our 2700 shelter is open Monday – Sunday, 11:00am – 5:00pm.


Adopt a Pet



Capital Conferences---Update

Beijing, China

June 18-20, 2014
China Leasing Summit 2014
Sixth Annual Conference
Crowne Plaza Beijing Chaoyang U-Town
Beijing, China

Leasing News is one of the Media Sponsors 
for the China Leasing Summit 2014

"The Chinese leasing industry is gearing up for an eventful year in 2014 as profound changes and broad reforms take full effect in China’s market. In this year leasing companies will see the full effects of programs such as the national value-added tax reform and the opening of the Shanghai (Pilot) Free Trade Zone, along with the rapid evolution of China’s transportation system."

"This summit will gather regional government officials, vendor representatives, national organizations and industry leaders to unveil statistical data on the 2013 China leasing market, foster a thorough understanding of the current status and developmental potential of the market. They will share the experience on product models and avoid the homogenization of products. There is no doubt that this summit will provide a premier platform for its delegates to establish strategic cooperative partnerships, expand business. We firmly believe that your outstanding industrial background and broad knowledge would contribute significantly to the quality and scope of this summit."


September 4-6
2014 Eastern Regional Meeting
Lord Baltimore Hotel
Baltimore, MD

September 10-12
Canadian Finance and Leasing Association
The Fairmont Chateau Whistler
Whistler, British Columbia

September 18-20

Hyatt Regency San Antonio Riverwalk
123 Losoya Street
San Antonio, Texas  78205
United States


September 19 - 20, 2014
Tianjin, China
Sudhir Amembal: 
The First Global Leasing Industry Competitiveness Forum
For More Information:

Qualified leasing professionals from outside of China will not be charged any registration fees. They are, however, expected to pay for all their travel expenses including accommodations and meals at the venue.

From the Chinese side, the speakers will include prominent leasing company executives and supportive governmental representatives; from the international side, the speakers will be drawn from senior executives from leading leasing companies and others who have played a vital role in leasing's international growth.

Confirmed speakers include:
• Bob Rinaldi, Chairman-Elect, ELFA, U.S.A.
• Jukka Salonen, Chairman, Leaseurope, Finland
• Arnaldo Rodriguez, President, CSI International, Spain
• Fred Sasser, Chairman, Chicago Freight Rail, U.S.A.
• Esteban Gaviria, CEO, Leasing Bancolombia, Colombia

October 19-21
2014 53rd Annual Convention
Manchester Grand Hyatt
San Diego, CA

November 5-7
34th Annual AGLF Fall Conference
Loews Ventana Canyon
Tucson, Arizona

November 6 - 8
2014 Western Regional Meeting
Hyatt Regency Irvine
Irvine, CA

November 12 - 14
Commercial Finance Association
70th Annual Convention
Washington Marriott Wardman Park
Washington, D.C.


November 16 -17
NJ Expo Regional
Teaneck, New Jersey
(Sunday evening- All Day Monday)


November 18 - 21, 2014
Istanbul, Turkey
The Third Annual Operating Lease Conference

"Three prominent and qualified speakers have been added to the agenda.
They are: Stephan van Beek, Senior Director Sales & Marketing Development - EMEA, Oracle Financing, an expert on software leasing; Arnaldo Rodriguez, President – International Division, CSI Leasing, who is the epitome of having successfully globalized the product; and, Esteban Gaviria, CEO, Leasing Bancolombia, who leads the most successful bank-held operating leasing company in Latin America. I will chair the conference and also teach a two-day seminar preceding the conference."
          Sudhir Amembal

For More Information:

CFA Related Conferences

CFA Network Calendar

ELFA ---2014 Schedule of Conferences, Workshops
and e-Learning Opportunities




News Briefs----

Element Financial Declares Quarterly Preferred Shares Dividends

Number of car loans up by over 30%

Buyers, refinancers seize low mortgages

Chase, BMO fight regulators over remains of failed bank

Starbucks Tackles Another Tech Problem With Phone-Charging Mats 


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



--You May Have Missed It

Death by 1,000 Cuts: Apple, Facebook and Bank Fees


SparkPeople--Live Healthier and Longer

Find Your Sole Mate: The Perfect Shoe for Every Workout


Baseball Poem

Silly Question


Papa Joe Chevalier

The above is the web site in html and also the ability to hear the poem read by future  MLB star Johnny Nguyen

Of course I like Baseball!
I like;
All nine innings and knee high strikes
The diamond cut by flashing spikes.
The infield hit, a long home run
Doubleheaders, the radar gun.
The curve, the knuckler, slider and splitter
A slugfest or the chance no-hitter.
The majors, the minors, the kids, the vets
The "Whiz Kids," the "Amazing Mets."
The squeeze bunt and the hit and run
The double steal on three and one.
Both real and artificial grass.
The routine grounder or astro turf hop.
Signs to take and signs to steal
Beating the deadline with a late night deal.
The brush back pitch, the managers warned
The visiting star locally scorned.
Balls with eyes and rain delays
Around the horn double plays.
Walking leads and frozen ropes
Bloops, blasts and springtime hopes.
The game of the week and cable TV
Descriptions like "Good field-no-hit
Or "Say goodbye baseball" at Safeco Field
Diving catches and trapped fly balls
Coaches sweating on 3-2 calls.
The pickoff move and stealing home
Games in the sun or under a dome.
Walks, balks, and fielders choices
An irate skipper getting the gate.
Cold soda, peanuts and ball park franks
Sometimes even the New York Yanks.
For all this and more I have good reason
To be pleased that it's Baseball season.
And if you guys don't mind suggestions,
Go somewhere else with your silly questions!




Sports Briefs----

Brazil Wins, Without Style

Let the Soccer Drama Begin

Shelly Sterling Moves to Take Control Over Clippers Sale

Miami investigators find no crime in case involving Kaepernick, others

Tony Romo: Joe Montana won two Super Bowls after having same back surgery;  ‘I’ll be able to play for a while’


California Nuts Briefs---

Los Angeles joins fight for George Lucas museum,0,379389.story

Why a Northern California Tribe spent millions on an anti-Redskins ad during the NBA Finals 

Huey Lewis and the News: Still playing after all these years


“Gimme that Wine”

Hundreds of US winery owners 'considering sale', say analysts

Hailstorms wipe out Bordeaux crops  

Early crop shows signs of a fine finish for Monterey County grower

World’s most extreme vineyards

Free Mobile Wine Program

Wine Prices by vintage

US/International Wine Events

Winery Atlas\

Leasing News Wine & Spirits Page


This Day in History

   1740 – Georgia provincial governor James Oglethorpe begins an unsuccessful attempt to take Spanish Florida during the Siege of St. Augustine. Oglethorpe raised a mixed force of British regulars (the 42nd Regiment of Foot), colonial militia from the Province of Georgia and the Carolinas, and Native American Creek and Chickasaw, or Uchees. Oglethorpe deployed his batteries on the island of Santa Anastasia while a British naval squadron blockaded the port.
    1774 – Rhode Island became the 1st colony to prohibit importation of slaves. The Rhode Island General Assembly in Newport, passed this legislation: “No Negro or mulatto shall be brought in to this colony, and in case any slave shall be brought in, he or she shall be, and are hereby, rendered immediately free, so far as respects personal freedom, and the enjoyment of private property, in the same manner as the native Indians.”
     1777 – Marquis de Lafayette landed in the United States to assist the colonies in their war against England.
    1789 - General George Washington was served a new dessert by Mrs. Alexander Hamilton: ice cream.
    1798-The Mission San Luis Rey de Francia was founded  Oceanside, California, the northern most city of San Diego County; the largest of the 21 missions. It was abandoned in 1846. Restoration began in 1892.
    1786-Birthday of Winfield Scott, American army general, negotiator of peace treaties with Indians and twice nominated for president (1848 and 1852). Leader of brilliant military campaign in Mexico in 1847. Scott was born at Petersburg, VA and died at West Point, NY, May 29, 1866.
    1868-African-American Oscar J. Dunn elected Lieutenant Governor of Louisiana. He ran away from slavery, finally bought his freedom, and began his education prior to his freedom. State Senator in 1868, Lt. Governor from 1868 to 1870.  Reputed to be firm, courageous and incorruptible, died suddenly in November, 1871. Ironically, his death brought the first African American to serve as governor of a state: P.B.S. Pinchbeck. He had been elected president pro tempore of the Louisiana senate in 1871, and promoted to lieutenant governor upon the death of Oscar J. Dunn. Pinchback was educated in Cincinnati, was a captain in the army. When Governor Warmoth was impeached in December 1872, he became governor for a few days. 
    1875—Birthday of Mariam Amanda Wallace "Ma" Ferguson,  two-time Governor of Texas. In November 1924, she and Nellie Ross of Wyoming were elected the nation's first female governors. Her husband had been impeached, convicted and removed from the Governor’s office to which he had been elected 1916. She ran to clear the family name under the motto "two Governors for the price of one." She said, up front, that she would be just a stand-in for her husband, but when elected, she did a lot of things her way. Although “Ma” Ferguson did fulfill a campaign promise to secure an antimask law against the Ku Klux Klan, the courts overturned it. State expenditures were slightly increased, despite a campaign pledge to cut the budget by $15 million. The focal point of discontent centered upon irregularities both in the granting of pardons and paroles and in the letting of road contracts by the state highway department. Ma Ferguson pardoned an average of 100 convicts a month, and she and "Pa" were accused by critics of accepting bribes of land and cash payments. Critics also charged that the Ferguson-appointed state highway commission granted road contracts to Ferguson friends and political supporters in return for lucrative kickbacks. She won re-election and then retired from politics until she was 65 years, ran for governor in 1940, but did not win. She died June 21, 1961.
   1889 - Forest fires in northern Wisconsin and northeast Minnesota were in the process of destroying millions of dollars of board feet of timber.
    1903 – Birthday of “The Galloping Ghost”, Red Grange.  College and professional American football halfback for the University of Illinois, the Chicago Bears, and for the short-lived New York Yankees. His signing with the Bears helped legitimize the National Football League.[ He was a charter member of both the College and Pro Football Hall of Fame.
     1905-Trumpet player Doc Cheatham birthday
    1907 --The temperature at Tamarack, California dipped to 2 degrees above zero, the lowest reading of record in June for the U.S.  After 42 inches of snow fell between the 10th and the 13th, the snow depth on this date was 130 inches.
    1921 - "The Sultan of Swat," Babe Ruth, clobbered a 460 foot homerun into the center field bleachers at New York City’s Polo Grounds. It was the longest homerun Ruth made in his career.
    1927 - Aviation hero Charles Lindbergh was honored with a ticker-tape parade in New York City. He was the most popular man of his era, considered a presidential candidate, but the kidnapping of his son changed his life. While the man who asked for ransom was caught, it is believed by many that it was Lindbergh's own sister who killed the infant as she suffered from mental illness and had harmed the baby earlier.   
    1929 – Coast Guard Radio Technician A. G. Descoteaux became the first person to broadcast from an aircraft. In a Loening amphibian, he reported the takeoff of a French aircraft on a trans-Atlantic flight at Old Orchard Beach, Maine. The account was relayed by ground equipment to an extensive national hookup and was received by U.S. and foreign listeners.
    1933-In an effort to get the economy going again, the Federal Savings and Loan Association was authorized with the passage of the Home Owners Loan Act. The purpose of the legislation was to provide a convenient place for investment and to lend money on first mortgages. The first association was the First Federal Savings and Loan Association of Miami, Florida, which was charted on August 8, 1933.
    1935 - In a 15 round match, Jim Braddock defeated Max Baer at New York’s  Madison Square Garden Bowl, to win the Heavyweight Championship of the World as the 10-to-1 underdog in one of the most stunning upsets in boxing history.
    1937--- Joe DiMaggio hits 3 consecutive HRs against St Louis Browns
    1939 - Victor Records artist Lionel Hampton and his band recorded "Memories of You." He had played the song with the Benny Goodman Quartet at Carnegie Hall in 1937.
    1940- R'n'B singer Bobby Freeman was born in San Francisco. He is best known for "Do You Wanna Dance," which became a number five hit for him in 1958. The song was later covered by the Beach Boys - in 1965 - and the Ramones - in 1978.
    1940 – President Franklin Roosevelt signs a new $1,300,000,000 Navy bill providing for much extra construction. Meanwhile, in response to Churchill’s pleas in his telegrams to President Roosevelt, surplus stocks of artillery weapons and rifles have been assembled from US government stores. The first shipment now leaves the USA on the SS Eastern Prince for the voyage to Britain. The US Neutrality Laws have been subverted by first “selling” the arms to a steel company and then reselling them to the British government.
    1942-The Office of War Information was created.
    1944 – Only one week after the Normandy invasion, the first German V-1 buzz bomb, also called the doodlebug (Fieseler Fi-103), was fired at London. The first guided missile to be used in force, the V-1 was powered by a pulse-jet engine and resembled a small aircraft. Only one of the four missiles London saw that day caused any casualties, but a steady stream of V-1s causing severe damage and casualties fell on London in coming months. At times, nearly 100 bombs fell each day. Many German buzz bombs never reached their targets because of primitive guidance systems or because they were destroyed in flight by anti-aircraft fire or intercepting Allied fighters.
    1944-Marvin Camras, who was a student at the Armour Institute of Technology, Chicago, Il, patented a wire recorder for sound recordings. He had actually invented it in the 1930's, and it was used experimentally in 1939 and 1940, with several models in use by the US Navy in 1941. When I first went to work for KFRC Radio in 1963, we were using wire to record interviews, including telephone interviews (several times a week I would interview Governor “Pat” Brown, who was a longtime fan of the radio station when he was San Francisco district attorney).
    1948---Top Hits
“Nature Boy” - Nat King Cole
“Toolie Oolie Doolie” - The Andrews Sisters
“Baby Face” - The Art Mooney Orchestra
“Texarkana Baby” - Eddy Arnold
    1948 -With the crowd of 49,641 singing 'Auld Lang Syne' to the Babe, the Yankees celebrate the silver anniversary of Yankee Stadium by holding 'Babe Ruth Day'. With members of the 1923 team (the first team to play in the stadium) looking on, the dying superstar's uniform number 3 is retired and sent to Cooperstown. The emotional ceremony at Yankee Stadium came two months before the baseball legend died.
   1953—Birthday of comedian, actor Tim Allen; “”Home Improvement,” “Galaxy Quest.”  Born Denver, Colorado.
   1956---Top Hits
“The Wayward Wind” - Gogi Grant
“I'm in Love Again” - Fats Domino
“I Want You, I Need You, I Love You” - Elvis Presley
“Crazy Arms” - Ray Price
    1957 -  Red Sox outfielder Ted Williams becomes the first American Leaguer to have two three-homer games in one season. The 'Splendid Splinter' drives in five runs, helping Boston to defeat the Indians, 9-3.
    1959 - US Army Private Elvis Presley receives a 15-day furlough and uses it to travel to Paris, ostensibly to meet film sexpot Brigitte Bardot. While there, he and his entourage take up a suite at the Prince De Galles Hotel, on the Champs Elysees, and visit the Moulin Rouge and the Lido club, home of the famous dancers, the Bluebell Girls. Elvis and company take some of the girls back to the hotel tonight, a practice they would continue throughout his leave.
    1963-President John F. Kennedy and other leaders condemned the assassination by a sniper of civil rights leader Medgar Evers in the back outside of his home in Jackson, Mississippi on June 12. The crime sparked numerous demonstrations this day as an outrage of the killing. The reaction to this killing spurred the Civil Rights Act of 1964. Ten years after Medgar Evers's death, the national office of the NAACP reported that Mississippi had 145 black elected officials and that blacks were enrolled in each of the state's public and private institutions of higher learning.  In 1970, according to statistics compiled by the Department of Health, Education, and Welfare, more than one-fourth or 26.4 percent of black pupils in Mississippi public schools attended integrated schools with at least a 50 percent white enrollment. When Medgar died in 1963, only 28,000 blacks were registered voters. By 1971, there were 250,000 and by 1982 over 500,000.
    1964---Top Hits
“Chapel of Love” - The Dixie Cups
“A World Without Love” - Peter & Gordon
“Love Me with All Your Heart” - The Ray Charles Singers
“Together Again” - Buck Owens
    1964 - The Rolling Stones' first major US television appearance is made on ABC's Hollywood Palace, a variety show with rotating host spots. This week's host, Dean Martin, who has made no secret of his dislike for rock in general and the British Invasion in particular, mocks the Stones at every turn for their long hair and seeming delinquency.  After acrobat Larry Griswold performs several death-defying trampoline stunts, Martin claims, "That's the father of the Rolling Stones. He's been trying to kill himself ever since."
    1966- The US Supreme Court rendered a 5—4 decision in the case of Miranda v Arizona, holding that the Fifth Amendment of the Constitution “required warnings before valid statements could be taken by police.” The decision has been described as “providing basic legal protections to persons who might otherwise not be aware of their rights.” Ernesto Miranda, the 23-year-old whose name became nationally known, was retried after the Miranda Decision, convicted and sent back to prison. Miranda was stabbed to death in a card game dispute at Phoenix, AZ, in 1976. A suspect in the killing was released by police after he had been read his “Miranda rights.” Police procedures now routinely require the reading of a prisoner's constitutional rights (‘Miranda”) before questioning.
    1967- President Lyndon Baines Johnson appointed Thurgood Marshall of Maryland to the Supreme Court, making him the first African-American appointed to this position.
    1968--Medal of Honor  KEDENBURG, JOHN J.
Rank and organization: Specialist Fifth Class, U.S. Army, 5th Special Forces Group (Airborne), 1st Special Forces. place and date: Republic of Vietnam, 13 June 1968. Entered service at: Brooklyn, N.Y. Born: 31 July 1946, Brooklyn, N.Y. Citation: For conspicuous gallantry and intrepidity in action at the risk of his life above and beyond the call of duty. Sp5c. Kedenburg, U.S. Army, Command and Control Detachment North, Forward Operating Base 2, 5th Special Forces Group (Airborne), distinguished himself while serving as advisor to a long-range reconnaissance team of South Vietnamese irregular troops. The team’s mission was to conduct counter-guerrilla operations deep within enemy-held territory. prior to reaching the day’s objective, the team was attacked and encircled by a battalion-size North Vietnamese Army force. Sp5c. Kedenburg assumed immediate command of the team which succeeded, after a fierce fight, in breaking out of the encirclement. As the team moved through thick jungle to a position from which it could be extracted by helicopter, Sp5c. Kedenburg conducted a gallant rear guard fight against the pursuing enemy and called for tactical air support and rescue helicopters. His withering fire against the enemy permitted the team to reach a preselected landing zone with the loss of only 1 man, who was unaccounted for. Once in the landing zone, Sp5c. Kedenburg deployed the team into a perimeter defense against the numerically superior enemy force. When tactical air support arrived, he skillfully directed air strikes against the enemy, suppressing their fire so that helicopters could hover over the area and drop slings to be used in the extraction of the team. After half of the team was extracted by helicopter, Sp5c. Kedenburg and the remaining 3 members of the team harnessed themselves to the sling on a second hovering helicopter. Just as the helicopter was to lift them out of the area, the South Vietnamese team member who had been unaccounted for after the initial encounter with the enemy appeared in the landing zone. Sp5c. Kedenburg unhesitatingly gave up his place in the sling to the man and directed the helicopter pilot to leave the area. He then continued to engage the enemy who were swarming into the landing zone, killing 6 enemy soldiers before he was overpowered. Sp5c. Kedenburg’s inspiring leadership, consummate courage and willing self-sacrifice permitted his small team to inflict heavy casualties on the enemy and escape almost certain annihilation. His actions reflect great credit upon himself and the U.S. Army.
    1969 --An unusual late season snowfall covered parts of South Dakota, Wyoming, Montana, and Nebraska. 10 inches of snow fell at Deerfield, South Dakota and 5 inches was measured at Great Falls, Montana.
     1970 - The Beatles' "The Long and Winding Road" hits #1
     1970 - The Beatles' LP “Let It Be” hits #1
    1971 - The New York Times began publishing the Pentagon Papers, a secret study of America’s involvement in Vietnam.  Officially titled United States – Vietnam Relations, 1945–1967: A Study Prepared by the Department of Defense, is a United States Department of Defense history of the United States' political-military involvement in Vietnam from 1945 to 1967. The papers were discovered and released by Daniel Ellsberg.
    1972---Top Hits
“The Candy Man” - Sammy Davis, Jr.
“Song Sung Blue” - Neil Diamond
“Nice to Be with You” - Gallery
“The Happiest Girl in the Whole U.S.A.” - Donna Fargo
    1976-Don Bolles, investigative reporter for the Arizona Republic, died as a result of injuries received when a bomb exploded in his automobile, June 2, 1976, while he was engaged in journalist investigation of an alleged Mafia story. Bolles was awarded posthumously the University of Arizona’s John Peter Zenger Award, December 9, 1976.
    1980---Top Hits
“Funkytown” - Lipps, Inc.
“Coming Up” - Paul McCartney & Wings
“Biggest Part of Me” - Ambrosia
“My Heart” - Ronnie Milsap
    1984-- Severe thunderstorms produced large amounts of hail in the Denver, Colorado metro area. Hailstones as large as 4 inches in diameter fell. Homes and other buildings sustained around 200 million dollars in damage. Thousands of cars were battered with total damage to vehicles estimated at 150 million dollars. In some areas, golf ball size hail fell continuously for 30 to 40 minutes. 20 people were injured by the giant hailstones. Torrential rains as much as 4.75 inches in Lakewood clogged drains and caused widespread damage from flooding.
    1988---Top Hits
“One More Try” - George Michael
“Together Forever” - Rick Astley
“Everything Your Heart Desires” - Daryl Hall John Oates
“I Told You So” - Randy Travis
    1988- Afternoon thunderstorms produced severe weather in the Southern and Central Plains Region. Forrest, NM was deluged with 5.5 inches of rain in ninety minutes. Temperatures soared into the 90s across much of the eastern half of the nation, including New England. Northern Illinois reported a record twenty straight days of dry weather.
   1989 - Thunderstorms produced severe weather from the Southern Plains Region to the Carolinas during the day and night, and continued to drench parts of Texas and Oklahoma with heavy rain. Oklahoma City reported 13.41 inches of rain for the first thirteen days of the month, and Fort Worth, TX reported 29.56 inches for the year, a total more than 13 inches above normal. Severe drought continued to rage across South Texas.
    1990---Top Hits
“Please Hammer Don’t Hurt Em,” M.C. Hammer
“I Do Not Want What I Haven t Got,” Sinead O Connor
“I m Breathless,” donna,
“Pretty Woman,” Soundtrack
    1994-- At the age of 34, Cub second baseman Ryne Sandberg suddenly retires, walking away from $16 million (due to personal problems, he said.) While he had been a notoriously slow starter throughout his entire career, his 1994 start was disastrous. Later, he admitted that he had been distracted at the time while going through a messy divorce. He came back for the 1996 and 1997 seasons, retiring permanently at the age of 37 with a career batting average of .285, and a record 277 home runs as a second baseman; this record was surpassed in 2004 by Jeff Kent. Sandberg was elected to Baseball’s Hall of Fame in 2005 and is currently in his first season as manager of the Philadelphia Phillies, the team that traded him to the Cubs.
    2000---Top Hits
“The Marshall Mathers ,”“Eminem
“The History Of Rock,” Kid Rock
“Oops!...I Did It Again,”  Britney Spears,
“Mad Season,”  matchbox twenty
    2003 --On his fourth attempt, Roger Clemens becomes the 21st pitcher and the first since 1990 to record 300 career wins as the 40-year-old righty goes 6 2/3 innings in the Yankees' 5-2 inter-league victory over the Cardinals. In the second inning when Edgar Renteria swings through full-count fastball, the 'Rocket' also joins Nolan Ryan (5,714) and Steve Carlton (4,136) as just the third hurler to record 4000 career strikeouts.
    2004---Top Hits
“Confessions,” Usher
“Under My Skin,”  Vvril Lavigne,
“Here For The Party,”  Gretchen Wilson,
“Musicology,”  Prince
    2005 - Pop superstar Michael Jackson is found not guilty on all counts of his child molestation trial in Santa Maria, Calif. Jackson, 46, had been charged with molesting a 13-year-old cancer survivor in 2003, serving him wine and conspiring to hold the boy and his family hostage at his Neverland estate in order to get them to rebut a television documentary.
   2005---“The Closer” premiered on TV.   This original cable (“TNT”) series features Kyra Sedwick as Deputy Police Chief Brenda Leigh Johnson, a former Atlanta detective brought to Los Angeles to head a special LAPD homicide unit.  The premiere telecast set a record for an ad-supported cable original series, and Sedwick won a Golden Globe for her performance for several years. The series ran on TNT from June 13, 2005 to August 13, 2012. Following the finale, “The Closer's” spin-off “Major Crimes premiered.
   2006 -   The first wireless bullpen communication system in baseball history is used at Wrigley Field when a cell phone, which was sent to the Hall of Fame, is used for the first time in major league history to call the bullpen. From the dugout, Cubs pitching coach Larry Rothschild calls the bullpen during the third inning to start warming up reliever Angel Guzman.
   2011--- Stevie Wonder was inducted into the Hall of Fame at New York's Apollo Theater, the same venue where he began his professional career as a 12-year-old in 1962.
   2012 - The Beach Boys' first album of all-new material since 1992, "That's Why God Made the Radio", raced up the Billboard 200 chart to number 3. Their span of Billboard Top Ten LPs stretched to 49 years and one week since they first graced the chart with "Surfin' U.S.A." the week of June 15, 1963.
    2012 - Matt Cain tosses the fifth no-hitter and second perfect game of the season when he retires 27 consecutive batters in the Giants' 10-0 rout of the Astros at AT&T Park. The San Francisco right-hander, with the help of two great defensive plays from outfielders Melky Cabrera and Gregor Blanco, becomes the first pitcher in the 129-year history of the franchise and the 22nd in major league history to pitch a perfect game.

NBA Finals Championship This Date
    1989 Detroit Pistons
    1997 Chicago Bulls



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