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

kitmenkin@leasingnews.org
   

 



Friday, June 20, 2014



Today's Equipment Leasing Headlines

Archives---June 20, 2000
  The List
   Classified Ads---Senior Management
Element Financial $10 Billion in Assets
    After Raising $1.42 billion
Southeast Capital & Finance joins
  Broker/Lessor List “A”
       New Hires—Promotions
  Leasing Industry Ads---Help Wanted
Financial Pacific Leasing Adds 23rd CLP
   De Lage Landen Adds 1st CLP
      Leasing Software Companies
Chart--Amazon Prime Members Heavily Outspend
   Non-Prime Members
Owner of a Private Jet Chartering Company Pleads
    Guilty to a Federal Excise Tax Violation
Belgian Shepherd Malinois & Retriever Mix
   Los Angeles, California   Adopt-a-Dog
Edge of Tomorrow/Night Moves
   The Lego Movie/Joe/Judex
At the Theater/Amazon-Netflix by Fernando Croce
    Capital Conferences---Fall, 2014
News Briefs--- 
Trinity Industries: Triple, Stock Split, Now What?
 Oracle's profit slumps in fourth quarter, stock takes a hit
  Harley-Davidson introduces electric motorcycle
   NY Attorney Gen.: Android, Windows phones to come with kill switch
    Adobe Tops Estimates on Higher-Than-Projected Subscribers

Broker/Funder/Industry Lists | Features (writer's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months

www.leasingcomplaints.com (Be Careful of Doing Business)
www.evergreenleasingnews.org
Leasing News Icon for Android Mobile Device

  You May have Missed---
   SparkPeople--Live Healthier and Longer
  Poem
    Sports Briefs---
      California Nuts Brief---
       "Gimme that Wine"    
          This Day in American History
         SuDoku
           Daily Puzzle
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                 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.



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[headlines]

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Archives---June 20, 2000
The List

The original list was put together at the request of Jerry Bishop of First Federal Leasing, who had heard of a list floating around, and wanted it for an important meeting with his bank board. I found it, revised it, and have been tweaking it ever since.

Here it is with a name change, and in alphabetical order. Any corrections, additions, or comments are appreciated.

33 Leasing Companies Major Changes in the last Six Months:

American Business Leasing (gone)
BankVest (bankrupt)
Bombadier (reported having problems, not confirmed)
C&W Leasing (bankrupt)
Charter Financial (purchased by Wells Fargo)
Commerce Security (closed)
Copelco (sold to Citibank)
Dana (sold off, active as captive)
DVI Capital (out of broker)
Fidelity (acquired by ABN Amro Bank)
Finova (out of market place)
Franklin Bank (no more leases)
Imperial (sold portfolio)
Leasing Corp of America (for sale below book value)
Leasing Solutions (bankrupt)
Liberty Leasing (closed)
Linc Capital (out of vendor and broker business, NASDAQ halts stock sales)
Merit Leasing (gone)
METWEST LEASING CO. Spokane WA. (Advising brokers that they have run out of funds so they are unable to fund a transaction we have there for funding.)
NationsBank Leasing (closed)
New England Capital (sold)
Newcourt (acquired by CIT)
Phoenix (both divisions)
Prime Capital (“yes and no" sold off, may be negotiating)
Rockford (sold to American Express)
SDI (closed)
T&W (lost their capital)
Transamerica (sold)
UniCapital (reportedly struggling)
United Capital (reported having problems, very bad quarter)
United Leasing (out of liquidity)
USA Leasing (gone)
VGM (out of business)

(Any comments, corrections, additions, or suggestions are greatly appreciated)
   http://two.leasingnews.org/archives/June/6-20-00.htm


TODAY

Alphabetical
http://www.leasingnews.org/list_alpha_new.htm

Chronological
http://www.leasingnews.org/list_chron_new.htm


 

[headlines]
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Classified Ads---Senior Management

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

Tampa, FL
Executive leader accomplished in leasing operations, finance, sales and marketing seeking new opportunity. Capitalizes on strategic, ideation, communication and analytical strengths to identify opportunities, formulate solutions and articulate strategies that drive increased sales productivity, incremental revenue, operating expense reductions and customer acquisition and retention. Reg.Lindholm@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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Element Financial $10 Billion in Assets
After Raising $1.42 billion

Element Financial closed its three simultaneous issues of different securities on Wednesday, raising $1.42 billion in capital.  The company has become a major player in the North America Financial Market in a relatively short time, attracting top executives as well as physical assets.

In early June, Element signed a definitive deal to acquire PHH Corp's Arval fleet management services business for about US$1.4 billion, with the new funds from the financing to be used to close the transaction as well as to finance organic growth. Through the purchase, Element will add more than US$4.6 billion in total assets to its balance sheet


Steve Hudson, Chairman/CEO

"Deploying this capital to close the acquisition of PHH's North American fleet management business more than doubles our asset base to $10 billion and sets Element on a course to deliver increased leverage, reduced funding costs and strong origination growth from each of our four business verticals - Commercial & Vendor Finance, Aviation Finance, Railcar Finance and Fleet Management," said Element's chairman and CEO, Steven K. Hudson.

Closing of the PHH deal is expected by the end of July.

It should be noted, as with other issues, the members of the Company’s senior management team and Board of Directors purchased approximately $11.2 million worth of Element securities, putting their money where their confidence is located.

“The entire senior management team and all of the members of our Board participated in this Offering with demand from this group exceeding the available allocation,” noted Steven K. Hudson, Element’s Chairman and CEO. “A personal financial commitment of this scale from those of us who are closest to the inner workings of this Company is supported by the stronger than forecast origination growth that we are seeing across each of our four verticals,” added Mr. Hudson.

Reportedly, all security purchases referenced above were funded by the personal resources of the individual investor and were not supported by loans from the Company.




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 Joins Broker/Lessor List “A”

Southeast Capital 
& Finance, LLC
Searcy, AR. -Los Angeles, CA. 
Jay Barber, President & CEO 
jay@southeastcapital.net 
501-246-8675 
www.southeastcapital.net
2005
9
15
Nationwide
$10,000
N
N
N
N
N

A - City Business License | B- State License | C - Certified Leasing Professional | D - State(s) sales/use tax license |
E -
Named as "lessor" on 50% or more of lease contract signed. |

Full List:
http://www.leasingnews.org/Brokers/broker_Lessor.htm


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New Hires—Promotions

Bill Allen was hired as Vice President and Southeast Area Manager at US Bank Equipment Finance, Columbia, South Carolina.  Previously he was Vice President and Regional Manager, TD Equipment Finance, Inc., a subsidiary of TD Bank, N.A. (June, 2011–May, 2014); Regional Sales Manager, Summit Funding Group, Inc. (November, 2009–November, 2010); Senior Financing Specialist, Key Equipment Finance (April, 2007 – September, 2009); Vice President, Synovus Capital Finance (2002–2007); Vice President, LaSalle National Leasing Corporation (January, 1999–January, 2002); Vice President and Senior Account Manager, GE Capital (January, 1997–January, 1999);
Vice President, First Union Leasing Group (January, 1995–January, 1997); Vice President, First Union National Bank (January, 1991–January, 1994); AVP and Commercial Banking Manager,First Union National Bank (January, 1989–January, 1991). Education: Brown University, Bachelor of Arts, Political Science (1979–1983).
www.linkedin.com/in/billallen7961



Don Ferguson was hired as Regional Vice President at Somerset Capital Group, Ltd., Irvine, California.  Managing Partner Healthcap Advisors, LLC. (December, 2012–Present); Previously, he was Vice President-Healthcare, CG Commercial Finance (May, 2011–December, 2012); Regional Finance Manager-Healthcare, Siemens Healthcare (May, 2004–September, 2010); Western Regional Business Development Manager, Bankers Leasing, an ABN AMRO Company (March, 1998–February, 2004); Western Regional Manager-Business Development, CIT (January, 1998–November, 2003). Education: California Polytechnic University, Pomona, B.S., Economics (1984–1989).
www.linkedin.com/pub/don-ferguson/74/286/235



Michael (Mike) Fitzsimmons was hired as Vice President, Regional Sales Manager at GE Capital, Dallas/Fort Worth Area. Previously he was Vice President, Dealer Financial Services, Bank of the West (June 2013–June 2014). He started as District Manager, GE Capital (fka Associates Commercial Corp./CitiCapital), October 1994; promoted to Vice President, Marketing, January, 1996; promoted again on January, 2002, to District Sales Manager, San Diego, Imperial & Yuma Counties; then March, 2004, promoted to Vice President, Western Region; (October, 2005-June, 2013),  Vice President, Remarketing Manager,. Education: St. Mary's College of California,
Bachelor of Science, Business (1987–1991). The Orme School
(1984–1987).
www.linkedin.com/pub/michael-mike-fitzsimmons/2/608/79


James R. (Jim) Fowler was appointed Chief Information Officer at GE Capital, Norwalk, Connecticut (he is based Greater Atlanta Area).  He joined GE Aviation as Manager, UNIX Technology, January, 2000; January, 2001, Six Sigma Blackbelt ; December, 2003, Manager, Global Human Resource Systems, GE Corporate; December, 2005, CTO - Architecture & Design, GE Infrastructure; January, 2009, Chief Information Officer - Supply Chain, GE Aviation; June, 2011, Chief Information Officer - Supply Chain, GE Aviation.  Prior, he was Manager, Accenture (January 1996–May 2000); System Analyst, AT&T (May 1993–January 1996). Board Member: Royal Redeemer Lutheran Church, West Chester, Ohio (January, 2009 – January, 2011). Education: Xavier University, Masters, Business Administration and Management, General (2002–2004). Miami University, B.S, Business Administration; MIS and Marketing (1990–1994).
www.linkedin.com/in/jamesrfowler



Kristina Herrera-Allen was hired as VP of Lease Operations, Onset Financial, South Jordan, Utah. December, 2013, she was promoted to Senior Vice President, Documentation, Pacific Western Equipment Finance fka Marquette Equipment Finance. She joined the firm December, 2001.  Education: American Intercontinental University, AABA, Business (2008–2009) Graduated 2009. Full scholarship through Project Working Mom. Salt Lake Community College, AS, Business (2007–2009).
www.linkedin.com/pub/kristina-herrera-allen/4/558/59


Michael A. Vallorosi was named VP/Team Leader - Restaurant & Franchise Finance Group, TD Bank (he is based in Saddle River, New Jersey).  Previously, he was VP/Business Leader - Restaurant & Franchise Finance Group, TCF Bank (October, 2010–March 2014); SVP/Sales & Marketing - Restaurant & Franchise Finance Group, First Financial Bank (April, 2005 – September, 2010); Director of Sales - Specialty Asset Trading, The Debt Exchange, Inc. (December, 2003–March, 2005). Publications: “Passion, not greed, should dictate next move,” Franchise Times Magazine, September 1, 2012. Languages: Spanish. Education: Fordham University - Graduate School of Business Administration, MBA, Finance. State University of New York at Albany BS, Business Administration, Management Science & Operations Research, Cum Laude Business School Graduate. United States Military Academy at West Point, Attended via Congressional Appointment, Honorable Discharge.
www.linkedin.com/pub/michael-vallorosi/8/12b/581



Francois van Reede was named Senior Vice President at Nations Equipment Finance; based in Scottsdale, Arizona. He joined the firm in 2014. Previously, he was District Sales Manager, Commercial Credit Group Inc. (2012 – 2014); Managing Partner, van Reede & Associates (2009–2012); Regional Sales Manager, Caterpillar Financial (2006–2009); AVP, GMAC Commercial Finance (2005 – 2006); Business Development Manager, ABN AMRO Bank Equipment Finance Div., Calgary, Alberta, Canada (2000-2005); GE Capital Equipment Finance, Calgary, Alberta, Canada (1996-2000). Organizations: Coffee Guy Roasters, Roastmaster (http://www.coffeeguy.co) http://www.linkedin.com/in/coffeeguyroasters. Languages: English, Full professional proficiency; Afrikaans, Full professional proficiency. Education, Damelin Business College. Helpmekaar Private School. Rand Afrikaans University. SA Institute of Bankers
www.linkedin.com/in/francoisvanreede



Chris Watkins was hired as Account Manager at Regents Capital Corporation, Costa Mesa, California. Prior he was an Account Executive, Balboa Capital, June, 2012, and promoted to Account Manager, January, 2013. Education: California State University-Fullerton, BA in Business Administration, Finance (2008 – 2012).
www.linkedin.com/pub/chris-watkins/46/b17/15a

 

 


[headlines]
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Leasing Industry Help Wanted


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.

[headlines]
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##### Press Release ############################

Financial Pacific Leasing Adds 23rd CLP
De Lage Landen Adds 1st CLP

The Board of Directors of the Certified Lease Professional (CLP) Foundation is pleased to announce that Melissa Sayre, Broker Relations Representative at Financial Pacific Leasing

 ---And Chris Nagle, Director of Program Management at De Lage Landen Financial Services, recently passed the CLP exam.

“I viewed the CLP designation as one more way to commit to and become a better advocate for the equipment leasing industry, “stated Mr. Nagle when asked what motivated him to sit for the CLP exam.


“The course content is comprehensive and provided me with a more in-depth knowledge which will translate itself into serving the industry in a more effective way. It has proven to be a great stepping stone to complement my work experience of nearly ten years with De Lage Landen.”

The CLP designation identifies an individual as a knowledgeable professional to employers, clients, customers, and peers in the equipment finance industry. There are currently 202 Certified Lease Professionals throughout the world.

For more information, call Reid Raykovich, CLP at (206) 535-6281 or visit www.clpfoundation.org.

Companies with More than One CLP
1. Financial Pacific Leasing – 23
2. First American Equipment Finance – 21
3. Orion First Financial – 9
4. Allegiant Partners- 8 (includes Clearview and First Star)
5. Arvest Equipment Finance – 6
6. Great American Insurance – 5
7. Ascentium Capital LLC – 5
8. ECS Financial Services – 4
9. Innovative Lease Services, Inc. – 4
10. Maxim Commercial Capital – 4
11. Bank of the West – 3
12. Canon Financial Services-3
13. FSG Leasing - 3
14. LeaseTeam-3
15. Pacifica Capital - 3
16. Banc of California - 3
17. GO Capital- 2
18. Padco Financial Services- 2
19. Pinnacle Business Finance- 2
20. Portfolio Financial Servicing- 2
21. TEQ Lease - 2

Why I Became a CLP
http://www.leasingnews.org/CLP/Index.htm

 


[headlines]
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Leasing Software Companies

  Experian - scorex SAP
Better Programs 
(Turbo-Lease)
Constellation Financing Systems Inc. Seritus Solutions
Capital Stream Financial Computer Systems, Inc. Shaw Systems
Cassiopae Integron Corporation Systems for Financial Accntng
CHP Consulting International Decision Systems Tax Compliance, Inc.
Cornerstone Software Ivory Consulting Thoughtworks
CT Lien Solutions Lease Team Vision Commerce
Cyence International NetSol Technologies, Inc. White Clarke North American
Dominion Leasing Software Odessa Technologies, Inc.  
eCredit Preferred Business Solutions  


Top eLeasing software companies, as ranked by employees.
http://www.leasingnews.org/Ag_leasing/software.htm



[headlines]
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[headlines]
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### Press Release ############################

Owner of a Private Jet Chartering Company Pleads
 Guilty to a Federal Excise Tax Violation


Los Angeles – The owner of Air Royale International, Inc., a private jet charter business, pleaded guilty today to willfully failing to remit the collected federal excise taxes to the Internal Revenue Service.  Air Royale brokers private jet air transportation services by finding private jets that are available for use by its customers.

Wayne John Rizzi, 56, of Palm Springs, entered his plea in federal court before United States District Judge George H. Wu.  Rizzi pleaded guilty to a one count “information:” that charges him with failing to remit the federal excise taxes imposed on air travel.  Sentencing is scheduled for November 3, 2014. 

According to the plea agreement filed in the case, in his capacity as president, CEO and owner of Air Royale, Rizzi understated Air Royale’s excise tax liability on tax returns filed for each of the five taxable quarters ending December 31, 2008 through December 31, 2009, and caused Air Royale to not file any quarterly excise tax returns for the entire year of 2010.  During the time period from October 1, 2008, through December 31, 2010, Air Royale collected excise tax from its customers totaling $489,784, but failed to pay this amount over to the IRS.   In actuality, Air Royale paid to the IRS only $29,286, failing to report and pay $460,498 of the excise taxes collected.  
The charge to which Rizzi has agreed to plead guilty relates to the excise taxes imposed on air transportation provided by Air Royale to its customers during the fourth quarter of 2008.  During this period, Air Royale collected $94,990 from its customers, but paid to the IRS only $23,137 of the collected tax. 

The federal internal revenue laws impose an excise tax on the transportation of persons by air.  The tax is calculated as a percentage of the amount of the airfare paid by the person purchasing the air transportation, plus a flat fee for each “domestic segment” of the travel.  The excise tax is imposed on the purchaser of the transportation, but is collected and held by the seller of the transportation.  The collected tax is required to be paid over to the IRS on a periodic basis. 

According to the plea agreement, Rizzi faces a statutory maximum sentence of five years in federal prison and a fine of at least $250,000 when sentenced.  He may be further ordered to pay restitution of $460,498 to the Internal Revenue Service. 

The investigation of Rizzi was conducted by IRS Criminal Investigation in Los Angeles in conjunction with the Tax Division of United States Attorney’s Office.

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

 

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

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Belgian Shepherd Malinois & Retriever Mix
Los Angeles, California   Adopt-a-Dog

Charlie
Young
Male

"There was a horrible hoarding situation in San Bernardino where over 140 dogs were kept in filth, barely fed and did not have any human interaction. A plea went out to rescue organizations to help save some of these dogs and give them a new lease on life, so our great rescue team answered the call and pulled some of these dogs heading to death row.

“Charlie is a Belgian Malinois/Retriever mix. We think about 2 years old. Charlie loves playing with other dogs. He initially can be scared of humans but loves the company of dogs and cats and will eventually bond to patient, calm people. He is now crate trained and house broken too as long as he knows he has outdoor access to a yard when needed. He will approach strangers for treats (This is big for Charlie) and loves to go on walks with our volunteers and other dogs. Charlie is learning to trust people again. He would be best suited in a forever home with lots of patience, walks, a yard and even another dog to play with. He does wonderfully with cats."

IF YOU ARE INTERESTED IN ADOPTING THIS DOG, PLEASE MAKE SURE YOU HAVE READ THE DOG'S INFORMATION CAREFULLY. ONCE YOU HAVE DONE SO, PLEASE DO THE FOLLOWING:
1. Visit www.dogswithoutborders.org
2. Then fill out an online ADOPTION APPLICATION - http://dogswithoutborders.org/adopt-a-dog/adoption-application/
3. Please wait to hear from our representative in approximately 48 hours on weekdays.
4. To learn more about our adoption process, please look up our Adoption FAQ’s. - http://dogswithoutborders.org/adopt-a-dog/adoption-faq/
                     

Adopt a Pet
http://www.adoptapet.com/


[headlines]
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Fernando's View
By Fernando F. Croc

Sci-fi action ("Edge of Tomorrow") and brooding drama ("Night Moves") come to theaters, while DVD releases offer breathless animation ("The Lego Movie"), a rich character study ("Joe"), and a classic fantasy-thriller ("Judex").

In Theaters:


Edge of Tomorrow (Warner Bros. Pictures): Tom Cruise continues his sci-fi comeback streak with this clever, suspenseful thriller, which mixes interplanetary action with the time-tripping structure of "Groundhog Day." Cruise stars as Cage, a military officer who, in the midst of Earth's futuristic war with aliens, is sent to the battlefront. He's readily killed in action, yet finds himself stuck in a time loop that keeps bringing him back to life a day earlier. Though he cannot escape what's coming, Cage soon learns that he may be able to alter the future by increasing his skills, especially as he teams up with a fellow warrior named Rita (Emily Blunt). Will he able to defeat the enemies, or will he be caught forever in this endless spiral? Directed by Doug Liman ("The Bourne Identity"), the movie offers a smart, exciting, and often witty alternative to the season's noisy extravaganzas.


Night Moves (Cinedigm): After "Wendy and Lucy" and "Meek's Cutoff," writer-director Kelly Reichardt has become a specialist in moody tales of American outsiders. Her latest movie fits snugly in that category, as she paints a brooding portrait of idealism gone awry in the outskirts of Oregon. The story follows Josh (Jessie Eisenberg) and Dena (Dakota Fanning), a pair of young environmentalists who are tired of seeing no results from conventional activism. With the aid of an older colleague named Harmon (Peter Sarsgaard), they get ready to take a more drastic course of action, namely blowing up the dam they is responsible for the devastation of local forests. When their plan takes a tragically unexpected turn, however, Josh and Dena find their bond quickly eroded by remorse and suspicion. While keeping the tone low-key, Reichardt creates a tough and engrossingly atmospheric film.

Netflix Tip: Actress, playwright, poet and activist, Ruby Dee (1922-2014) lived a full, artistic life. As a tribute, check out some of her best screen roles on Netflix, including "Edge of the City" (1957), "A Raisin in the Sun" (1961), "Do the Right Thing" (1989), and "American Gangster" (2007).

On DVD:

The Lego Movie (Warner Bros.): Taking a cue from the Pixar mavens behind the "Toy Story" franchise, inspired directors Phil Lord and Christopher Miller ("Clone High," "21 Jump Street") serve up a dizzying animated tale set in an universe run by the titular playthings. The story gets rolling when Emmett (voiced by Chris Pratt), a lonely worker barely noticed by those around him, finds himself involved in a malevolent plan hatched by Lord Business (Will Ferrell). Suddenly going from routine constructions to dealing with wizard prophecies, Emmett journeys between worlds with the help of Wyldstyle (Elizabeth Banks) and a group of Master Builders bent on overthrowing the villain. Using CGI to retain the feel of children's toys while pushing them to new realms of wit and imagination, this enormously funny and clever movie is a surprise treat for audiences of all ages


Joe (Lionsgate): Having began with acclaimed, poetic small-town indies like "George Washington," writer-director Joseph Gordon Green baffled his fans by drifting into the realm of raunchy stoner comedies. However, along with last year's "Prince Avalanche," this intense character study points to a fascinating new stage in his career. In his most focused performance in years, Nicolas Cage stars as Joe, a troubled ex-con living in a rural area and struggling to keep his life and his demons under control. When he becomes friends with Gary (Tye Sheridan), a 15-year-old local with a violently abusive father, Joe becomes torn between holding down his ground and standing up for what he feels is right. Combining the gritty with the redemptive, this richly textured film finds both director and star in robust top form.


Judex (Criterion): Best known for his terrifying and poetic classic "Eyes Without a Face," French surrealist Georges Franju always had an affinity for silent cinema. So it's not surprising to see him adapting the famous silent serial "Judex" in this imaginative fantasy-thriller from 1963, being now finally restored for Criterion. The story is a welter of betrayals, crimes and avengers, kicked off when an unscrupulous banker is apparently killed during a masked ball following threats from a mysterious figure known as "Judex" (Channing Pollock). Things take an unexpected turn when he meets his foe's innocent daughter (Edith Scob), while the banker's ambitious governess (Francine Berge) sets off after his boss' fortune by creating a shadowy persona of her own. Fleet, playful, and full of typically striking Franju moments, this forgotten gem is worth more than all of the recent "Batman" blockbusters put together. With subtitles.

 

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Capital Conferences---2014

 


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:
kelly@amembalandassociates.com

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:
kelly@amembalandassociates.com

CFA Related Conferences
http://www.leasingnews.org/PDF/CFAConferences_2014.pdf

CFA Network Calendar
http://www.leasingnews.org/PDF/CFAEventsCalendar_2014.pdf

ELFA ---2014 Schedule of Conferences, Workshops
and e-Learning Opportunities
http://www.leasingnews.org/PDF/ELFA2014ScheduleInfo_1212014.pdf



 

 

[headlines]
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News Briefs----

Trinity Industries: Triple, Stock Split, Now What?
http://seekingalpha.com/article/2274723-trinity-industries-triple-stock-split-now-what

Oracle's profit slumps in fourth quarter, stock takes a hit
http://www.contracostatimes.com/business/ci_25995916/oracles-sales-and-earnings-fail-meet-analysts-forecasts

Harley-Davidson introduces electric motorcycle
http://news.yahoo.com/harley-davidson-introduces-electric-motorcycle-115943100.html 

NY Attorney Gen.: Android and Windows phones to come with kill switch
http://www.upi.com/Business_News/2014/06/19/NY-Attorney-Gen-Android-and-Windows-phones-to-come-with-kill-switch/6241403200657/?spt=sec&or=bn 

Adobe Tops Estimates on Higher-Than-Projected Subscribers
http://www.bloomberg.com/news/2014-06-17/adobe-tops-estimates-on-higher-than-projected-subscibers.html

 

John Kenny 
Receivables Management

• End of Lease Negotiations & Enforcement
• Fraud Investigations
• Credit Investigations • Asset Searches 
• Skip-tracing • Third-party Commercial Collections

john@jkrmdirect.com | ph 315-866-1167| www.jkrmdirect.com

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


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--You May Have Missed It

Americans are not 'lovin' McDonald's that much anymore
http://www.upi.com/Business_News/2014/06/18/Americans-are-not-lovin-McDonalds-that-much-anymore/4551403105150/?spt=sec&or=bn



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SparkPeople--Live Healthier and Longer



Now & Zen: Easy Relaxation Techniques
A Calmer, Healthier You is Within Reach
http://www.sparkpeople.com/resource/wellness_articles.asp?id=779


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Baseball Poem

That Home Run Feeling

by Tim Peeler

tired and poisoned by yellow jacket stings,
go for a hard run through the ripe dark July night,
strides shortened, quickened,
lap by ill-lit lap
in rain-plowed sand
that tightens a muscle against the pull of a worn shoe,
circling the pale glow of Little League baseball field,
enamored by the plink of metal bats,
the hearty high-pitched cheers,
circling as they circle a tauter diamond
in a high geometry of runs;
eighteen-fifteen the park announcer drawls
and I am drawn to the memory of my own Little League
experience playing that 60's cinema
as I suck humidity by the round ball court
where rapper wannabes
work their slant rhymes and turnover dribbles,
and a tired backboard shivers.

Leaving now, I consider
the perfect orange moon
hanging for a moment on the light pole
above silent horseshoe pits,
and just for one splendid moment
I have that home run feeling again.

Touching All Bases
   Poems from Baseball
Tim Peeler
www.mcfarlandpub.com

 


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Sports Briefs----

Harbaugh: School’s out for summer ... but mind your Ps and Qs
http://www.sacbee.com/2014/06/19/6497414/harbaugh-schools-out-for-summer.html 

Holdouts test Harbaugh's hold on happy family
http://www.sfgate.com/49ers/ostler/article/Holdouts-test-Harbaugh-s-hold-on-happy-family-5563088.php?cmpid=hp-hc-sports

6th-grader Lucy Li's Open: a 78, then ice cream
http://www.sfgate.com/sports/article/Lucy-Li-has-a-blast-except-for-3-holes-5564703.php?cmpid=hp-hc-sports


[headlines]
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California Nuts Briefs---

The SF Bay is back: Anglers reap potluck harvest (17 pics)
http://blog.sfgate.com/stienstra/2014/06/18/the-bay-is-back-anglers-reap-potluck-harvest-17-pics/#24341101=0



[headlines]
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“Gimme that Wine”

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

Wine of the Week: Edna Valley tames fussy pinot
http://www.pressdemocrat.com/article/20140617/lifestyle/140619628

Constellation Brands ups CEO Robert Sand's bonus nearly 24%
http://www.democratandchronicle.com/story/money/business/
2014/06/16/constellation-brands-ups-ceo-robert-sands-bonus-nearly/10631959/

Mondavi finds light at new Continuum Estate
http://napavalleyregister.com/star/wine/mondavi-finds-light-at-new-continuum-estate/article_a40bd603-35a4-5a98-8a84-4997a6227509.html

Turrentine Forecasts Shortage of Sonoma Cab
http://www.winesandvines.com/template.cfm?section=news134359

Proposed Go Texan Wine Labeling Changes Don't Go Far Enough
http://blogs.houstonpress.com/eating/2014/06/
go_texan_wine_percentage.php


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


[headlines]
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This Day in History

    1675 - Abenaki, Massachusetts, Mohegan & Wampanoag Indians formed an anti-English front. Wampanoag warriors attacked livestock and looted farms.
   1682 - A major tornado ripped through southwestern Connecticut, passing through Stratford, Milford, and New Haven, and then into Long Island Sound.
    1782 - Congress approved the Great Seal of the United States and the eagle as its symbol.  It was the fourth submission of several committees designated by the Continental Congress, the first committee having been appointed on July 4, 1776 after the signing of The Declaration of Independence.
    1819 - The 320-ton paddle-wheel steamship Savannah became the first steamship to cross the Atlantic. It arrived in Liverpool after a journey from Savannah, Georgia, of 27 days 11 hours.
    1856-In San Francisco, Committee of Vigilance headquarters was fortified with sandbags to stop any attacks by troops sent by the Governor to quell the insurrection. Cannons are mounted on the roof to forestall bombardment.
    1858- Birthday of Charles W. Chestnutt, who is considered by many as the first noted black novelist in American Literature. His collections of short stories included “The Conjure Woman (1899)” and “The Wife of His Youth and other Stories of the Color Line” (1899). “The Colonel’s Dream” (1905) dealt with the struggles of the freed slave. His work has been compared to later writers such as William Faulkner, Richard Wright, and James Baldwin. http://www.eden.rutgers.edu/~c350445/witter1.html
    1863- West Virginia became the 34th state. This date is observed as a holiday in West Virginia. Following the Wheeling Conventions of 1861, in which 50 northwestern counties of Virginia decided to break away from Virginia during the Civil War because its citizens were against slavery, the new state was admitted to the Union and was a key Civil War border state. West Virginia did not secede from the Union.  It was the only state to form by seceding from a Confederate state and was one of two states formed during the Civil War (the other being Nevada, which separated from Utah Territory). Charleston is the capital of the Mountain State which boasts of having the most rugged terrain of any state east of the Mississippi. Throughout the forested hills of West Virginia, you’ll also find many cardinals (the state bird) and multitudes of the state flower, the big rhododendron.
http://memory.loc.gov/ammem/today/jun20.html
    1867 - The first territory that was noncontiguous was annexed to the United States. Alaska was purchased from Russia for $7.2 million. General Lovell Harrison Rousseau, the first military governor of the territory, took formal possession of Alaska in October, 1867.
http://www.state.ak.us/?TTFUID=2545
    1885-- A band of Moravian missionaries landed on the shores of Alaska and founded the Bethel Mission. During the first year of their mission work among the Eskimos, winter temperatures outside their makeshift housing plummeted to 50 degrees below zero!
    1893 -- Eugene Debs forms the American Railway Union (ARU).
In just a few months the union leads an 18-day strike against the Great Northern Railroad, forcing management to reverse three wage cuts. The victory against a railroad with 2,500 miles of track and 9,000 employees was so remarkable, especially during a depression, that the union signs up 2,000 members a day. This sets the stage for Chicago's Pullman Strike of 1894, the first organized nationwide strike in US history.
    1893-Spectators at her trial cheered when the “not guilty” verdict was read by the jury foreman in the murder trial of Lizzy Borden. Elizabeth Borden had been accused of and tried for the hacking to death of her father and stepmother in their Fall River, MA, home, Aug 4, 1892.
    1894 - Birthday of Dr. Lloyd A. Hall, African-American pioneer in food chemistry, Illinois http://scienceu.fsu.edu/content/scienceyou/meetscience/hall.html
    1894 - During the summer of 1894, the Pullman Palace Car Company was embroiled in what proved to be one of the most bitter strikes in American history. The strike was a direct response to company Chief George Pullman and his hardball tactics, most notably his decision in the midst of the Depression of 1893 to preserve profits by slashing wages and hiking workers' rents. Though Pullman's cars didn't carry any mail, the scheme proved effective.  In early July, the government banned the boycotts and swiftly shipped troops to Chicago. Fighting broke out shortly after the government forces hit the scene; by the time the militia left Chicago on July 20, the "war" between the troops and the strikers had left thirty-four men dead. But, the damage had already been done to the Pullman strikers: their ranks and clout had been depleted, and, when American Federation of Labor chief Samuel Gompers refused to lend them any substantial support, the rail workers were forced to capitulate to management. In the wake of the settlement, many of the strikers were barred from working in the rail industry.
    1895- Caroline Willard Baldwin became the first woman to earn a PhD in Science from an American university, at Cornell University, Ithaca, NY.  Caroline was born in San Francisco on June 30, 1869. She was the only child of Army vet and miner Alfred Baldwin, one of the pioneering members of Santa Cruz County in California, and Fannie Willard, who was noted for her intellectual pursuits.  Caroline later became the first woman to receive a Bachelor of Science degree from the School of Mechanics at the University of California in 1892.
    1898-Having not known that a war was in progress and having no ammunition on the island, the Spanish commander of Guam surrendered to Captain Glass of the USS Charleston. The United States took control of the island in the 1898 Spanish-American War, as part of the Treaty of Paris.  It later became, and remains, a protectorate of the US.
    1901-Charlotte Manye becomes the first native African to graduate from an American University http://www.greatepicbooks.com/epics/march98.html
    1903--Birthday of Glenna Collett Vare, American amateur golfer who dominated the sport in the 1920s, winning 59 of 60 consecutive matches. She won her last championship in 1935, defeating such teenagers as the immortal Patty Berg.  An estimated 15,000 came to watch the Grande Dame of golf and those who competed for the fun of it since there were no money prizes for women in those days.
    1905 -- Playwright Lillian Hellman born, New Orleans. American playwright/memoirist. Had lifelong relationship with mystery writer Dashiell Hammett until his death (1961). Among her plays that have entered the modern repertory are ''The Children's Hour,'' ''The Little Foxes'' and ''Watch on the Rhine.'' She was also one of the most successful motion-picture scenarists.  Her life took a sharp turn in 1952 when the House Committee on Un-American Activities was investigating links between American leftists and the Communist Party in this country and abroad.  She offered to testify about her own opinions and actions, but not about those of others. ''I cannot and will not cut my conscience to fit this year's fashions,'' she wrote.  For this, she risked imprisonment for contempt of Congress, was blacklisted and saw her income drop from $150,000 a year to virtually nothing.  Not until ''Toys in the Attic'' appeared in 1960 did her financial straits end. Although she had participated with Communists in many causes, she was not a Communist. Throughout her life, Miss Hellman continued to raise her voice for such causes as civil rights and peace, and with others filed a suit that won a court ruling that the Nixon White House tapes were public property.  Died July 1, 1984 at Martha’s Vineyard.
http://www.kirjasto.sci.fi/lhellman.htm
http://www.writing.upenn.edu/~afilreis/50s/hellman-today.html
    1907 -- First Portland, Oregon Rose festival.
    1909 – Birthday of naturalized American actor Errol Flynn at Tasmania, Australia.  Flynn was an overnight sensation in his first starring role soon after arriving in Hollywood, “Captain Blood” (1935). He followed with a succession of films over the next six years:  “The Charge of the Light Brigade” (1936), “The Prince and the Pauper” (1937), “The Adventures of Robin Hood” (1938), “The Dawn Patrol” (1938), “Dodge City” (1939), “The Private Lives of Elizabeth and Essex” (1939) and “The Sea Hawk” (1940).  In 1940, he was voted the 4th most popular star in the US according to Variety and the 7th most popular in Britain, and was at the zenith of his career.  When Flynn became a naturalized American citizen on 15 August 1942, he also became eligible for the military draft, as the United States had entered World War II eight months earlier. Grateful to the country that had given him fame and wealth, he attempted to join the armed services but he had several health problems, his heart was enlarged, with a murmur, and he had already suffered at least one heart attack.  Accordingly, he was classified 4-F.  This created a public image problem for both Flynn and Warner Brothers as he was often criticized for his failure to enlist in the Armed Forces for war service as many other Hollywood actors of service age had, and yet while not apparently enlisting he continued to play war heroes in flag-waver productions such as “Dive Bomber” (1941), “Desperate Journey” (1942) and “Objective Burma” (1945).  Flynn died in Vancouver, BC on October 9, 1959.
     1910 - Singer and comedienne Fanny Brice made her debut in the Ziegfeld Follies. She received rave reviews from the Broadway critics.
    1911-The National Association of Advancement of Colored People incorporates in New York City, NY
http://www.naacp.org/
    1912 - Trumpeter Lammar Wright, Sr. born Texakana, Texas (with Benny Moten, Cab Calloway for 17 years).  ” Benny Moten's band is now a solid New Orleans style group even though they are from Kansas City. The trumpeter Lammar Wright is now playing with a fast terminal vibrato. ‘18th Street Strut’ uses Oliver-style phrases.”
    1915-The St. Louis Browns arrived in Detroit for a game against the Tigers without their uniforms. The Tigers lent the Browns spare uniforms and then beat them, 1-0.
    1917-Birthday of guitarist/singer Jimmy Driftwood, Mountain View, AR, Died 1998.
http://www.billslater.com/driftwood.htm
    1920-Trumpet player Doc Evans birthday
http://www.docevans.com/
    1920--Race riots in Chicago, Illinois leave two dead and many wounded.
    1920 -- Actor DeForest Kelley born at Atlanta, Georgia; perhaps best known for his role in “Star Trek” as Dr. Leonard "Bones" McCoy.
    1921-Miss Alice Robertson of Oklahoma became the first woman to preside in the US House of Representatives. Miss Robertson was President for half an hour.
http://bioguide.congress.gov/scripts/biodisplay.pl?index=R000318
    1921 - Circle, MT, received 11.5 inches of rain in 24 hours, a record for the state. The town of Circle received a total of 16.79 inches of rain that month to establish a rainfall record for any town in Montana for any month of the year.
    1924 - Audie Murphy was born in Kingston, TX. He became the most decorated American soldier of World War II who went on to make movies and write a book about his war experiences called “To Hell and Back.”
    1924 - Birthday of guitarist Chet Atkins, Luttrell, TN.  American guitarist, vocalist and record producer who, along with Owen Bradley, created the smoother country music style known as the Nashville sound, which expanded country's appeal to adult pop music fans as well.  His trademark picking style and musicianship brought him admirers within and outside the country scene, both in the United States and internationally. Atkins produced records for The Browns, Hank Snow, Porter Wagoner, Norma Jean, Dolly Parton, Dottie West, Perry Como, Elvis Presley, The Everly Brothers, Eddy Arnold, Don Gibson, Jim Reeves, Jerry Reed, Skeeter Davis, Waylon Jennings and many others.  Among many honors, Atkins received 14 Grammy Awards as well as the Grammy Lifetime Achievement Award, nine Country Music Association Instrumentalist of the Year awards, and was inducted into the Rock & Roll Hall of Fame, Country Music Hall of Fame and Museum and the Musicians Hall of Fame and Museum.  He died on June 30, 2001, at his home in Nashville.
http://www.misterguitar.com/caas.html
    1928 – Birthday of American actor Martin Landau in Brooklyn.  American film and television actor. His career started in the 1950s, with early film appearances including a supporting role in Alfred Hitchcock's “North by Northwest” (1959). He played regular roles in the television series “Mission: Impossible” (for which he received several Emmy Award nominations) and “Space: 1999”.
    1928 - Birthday of alto sax/flutist Eric Dolphy, Los Angeles, Ca. Died, 1964.
    1929 -- Louis Armstrong and an all-black cast open in "Hot Chocolates," New York City.
    1931--Birthday of Olympia Dukakis, stage and screen actor.  Won Academy Award for best supporting actress for her work in “Moonstruck” (1987).
    1936-- Billy Guy, baritone singer with the 1950's group the Coasters, was born in Los Angeles. The Coasters, formed in 1955, had a series of hits with novelty songs written by Jerry Lieber and Mike Stoller. The group achieved widespread popularity with their first releases in 1956 - "Down in Mexico" and "One Kiss Leads to Another." The Coasters' other hits included "Yakety Yak," "Charlie Brown" and "Poison Ivy." Many of the sax breaks on the Coasters' records are played by King Curtis.
    1940 - President Roosevelt strengthens his Cabinet by bringing in two prominent Republicans. Henry Stimson becomes Secretary for War and Frank Knox becomes Secretary for the Navy. Stimson is strongly against America's isolationist tradition and will be a champion of Lend-Lease.
    1942- Brian Wilson, lead singer and main songwriter for the Beach Boys, was born in Hawthorne, California. Wilson's songs - such as "Surfin' USA," "I Get Around" and "Help Me, Rhonda" - were all about being a teenager in California in the early 1960's - about surfing, driving and dating. The group turned to more grown up topics later in the decade, but the Beach Boys have survived mainly as a nostalgia act. In the mid-1960s, Wilson composed and produced “Pet Sounds”, considered one of the greatest albums of all time.  The Beach Boys have sold more than 65 million records worldwide. Brian Wilson became a virtual recluse in 1970 when his neuroses and drug abuse got the better of him. He has since done the odd live show, and released a solo album in 1988.
http://www.brianwilson.com/
    1943-Federal troops put down racial riot in Detroit in which 30 are dead.
http://www.ustrek.org/odyssey/semester2/022801/022801nickdetroit.html
    1944 - The Japanese fleet withdraws to refuel, believing that their aircraft have landed safely on Guam. US Task Force 58 (Admiral Mitscher) launches an air strike on the Japanese fleet in the late afternoon. The 216 American aircraft encounter 35 defending fighters and sink the carrier Hiyo. Two other Japanese aircraft carriers are damaged as are a battleship and a cruiser. US loses amount to 20 planes shot down and 72 crashing while attempting to land on their carriers in the dark. During the night, the Japanese fleet withdraws and is not pursued. The battle of the Philippine Sea ended with Japan losing almost all its remaining trained pilots and at least 4,000 seamen.
    1944--*O'BRIEN, WILLIAM J. Medal of Honor
Rank and organization: Lieutenant Colonel, U.S. Army, 1st Battalion, 105th Infantry, 27th Infantry Division. Place and date: At Saipan, Marianas Islands, 20 June through 7 July 1944. Entered service at: Troy, N.Y. Birth: Troy, N.Y. G.O. No.: 35, 9 May 1945. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty at Saipan, Marianas Islands, from 20 June through 7 July 1944. When assault elements of his platoon were held up by intense enemy fire, Lt. Col. O'Brien ordered 3 tanks to precede the assault companies in an attempt to knock out the strongpoint. Due to direct enemy fire the tanks' turrets were closed, causing the tanks to lose direction and to fire into our own troops. Lt. Col. O'Brien, with complete disregard for his own safety, dashed into full view of the enemy and ran to the leader's tank, and pounded on the tank with his pistol butt to attract 2 of the tank's crew and, mounting the tank fully exposed to enemy fire, Lt. Col. O'Brien personally directed the assault until the enemy strongpoint had been liquidated. On 28 June 1944, while his platoon was attempting to take a bitterly defended high ridge in the vicinity of Donnay, Lt. Col. O'Brien arranged to capture the ridge by a double envelopment movement of 2 large combat battalions. He personally took control of the maneuver. Lt. Col. O'Brien crossed 1,200 yards of sniper-infested underbrush alone to arrive at a point where one of his platoons was being held up by the enemy. Leaving some men to contain the enemy, he personally led 4 men into a narrow ravine behind, and killed or drove off all the Japanese manning that strongpoint. In this action he captured five machineguns and one 77-mm. fieldpiece. Lt. Col. O'Brien then organized the 2 platoons for night defense and, against repeated counterattacks, directed them. Meanwhile he managed to hold ground. On 7 July 1944, his and another battalion were attacked by an overwhelming enemy force estimated at between 3,000 and 5,000 Japanese. With bloody hand-to-hand fighting in progress everywhere, their forward positions were finally overrun by the sheer weight of the enemy numbers. With many casualties and ammunition running low, Lt. Col. O'Brien refused to leave the front lines. Striding up and down the lines, he fired at the enemy with a pistol in each hand and his presence there bolstered the spirits of the men, encouraged them in their fight, and sustained them in their heroic stand. Even after he was seriously wounded, Lt. Col. O'Brien refused to be evacuated and after his pistol ammunition was exhausted, he manned a .50 caliber machinegun, mounted on a Jeep, and continued firing. When last seen alive, he was standing upright firing into the Jap hordes that were then enveloping him. Sometime later his body was found surrounded by enemy he had killed. His valor was consistent with the highest traditions of the service.  
    1944 - Vice Admiral Marc Mitchner, commander of the U.S. Task Force 58, ordered all lights on his ships turned on to help guide his carrier-based pilots back from the Battle of the Philippine Sea.
    1945- Anne Murray, one of the most popular female singers in the world, was born in Springhill, Nova Scotia. In 1966, she became a member of the chorus of "Singalong Jubilee," a CBC TV show from Halifax. Murray continued as a featured performer on the show until 1970, the year the success of her recording of "Snowbird" caused a dramatic increase in her popularity. It was the first disc by a Canadian female vocalist to earn a gold record in the US. During the 1970's, Murray developed into Canada's most popular female singer. And she began enjoying great success with pop and country audiences in the US and Britain. She began appearing frequently on "The Glen Campbell Goodtime Hour" on CBS-TV. Her hits included "Talk It Over in the Morning," "What About Me" and "You Needed Me," a 1978 million-seller. In 1986, she opted for a new, more contemporary image, with the hit "Now and Forever," produced by David Foster.
    1945 -- Abbott & Costello's "Who's on First" routine is first seen, in the film "The Naughty Nineties".  The routine is now a regular feature in the National Baseball Hall of Fame in Cooperstown.
    1948 - President Harry S. Truman institutes a military draft with a proclamation calling for nearly 10 million men to register for military service within the next two months. Truman's action came during increasing Cold War tensions with the Soviet Union.
    1948 - “The Ed Sullivan Show” premiered on television. It was officially titled “Toast of the Town” until 1955. We all watched it, especially since we were living in the early 1950’s in Port Chester, NY, where he also lived. It was the longest-running variety show (through 1971) and the most popular for decades. Ed Sullivan, the host, signed all types of acts, both well-known and new, trying to have something to please everyone. Thousands of performers appeared, many making their television debut, such as Irving Berlin, Victor Borge, Hedy Lamarr, Walt Disney, Fred Astaire and Jane Powell. Two acts attracted the largest audience of the time: Elvis Presley and the Beatles.
    1949 - Birthday of Lionel Richie, Tuskegee, AL.  Tenor sax, songwriter, the son of a retired U.S. Army captain and a teacher. The former lead singer of the Commodores had five No. 1 hits, including "Endless Love." That duet with Diana Ross sold more than 2 million copies and in 1981 topped Billboard's Hot 100 for nine weeks, longer than any other duet.
http://www.alamhof.org/richiel.htm
http://www.lionelrichie.com/
    1950 - Willie Mays graduated from high school this day and immediately signed with the New York Giants for a $6,000 bonus. The ‘Say Hey Kid’ would play most of his career for the Giants -- in both New York and San Francisco -- becoming a baseball legend. As his career came to a close, Mays was traded to the New York Mets. Mays, an all-star center fielder, considered one of the game’s greatest stars, and is in the Baseball Hall of Fame. He lives on the San Francisco Peninsula.
    1950 -  After stroking a RBI single in the third inning, Joe DiMaggio strikes again in the seventh with another run-scoring safety to collect his 2,000th career hit. The Yankee Clipper reaches the milestone in an 8-2 victory in Cleveland, the 1537th contest he has played in the major leagues.
   1952--Birthday of Zoë Baird, American insurance company executive who almost became the first woman Attorney General of the United States. Baird withdrew her name after it was disclosed she failed to pay Social Security and unemployment taxes for her nanny. Kimba Wood later became the second nominee, but she, too, withdrew when it was revealed HER HUSBAND had failed to pay taxes for their domestic help but in spite of it being her husband's fault, she withdrew in the face of stiff Republican opposition. The third nominee by President Clinton was Janet Reno who did win confirmation.
    1952 – Actor John Goodman born at St. Louis, MO…”Roseanne” (1988–1997), for which he won a Best Actor Golden Globe Award in 1993. “Raising Arizona” (1987), “King Ralph” (1991), “Barton Fink” (1991), “The Big Lebowski” (1998), “O Brother, Where Art Thou?” (2000), and “Inside Llewyn Davis” (2013). A prolific voice actor, he perhaps most notably provided the voice of Sully in “Monsters, Inc.” (2001) and “Monsters University” (2013). Other prominent film performances include the lead role in “The Flintstones” (1994) and supporting roles in “The Artist” (2011), “Extremely Loud and Incredibly Close” (2011), “Argo” (2012), “Flight” (2012), “Trouble With The Curve” (2012), and “The Hangover Part III“(2013), among many others.
    1953 – Singer Cyndi Lauper is born in New York City. Her first single, “Girls Just Want to Have Fun,'' sells more than 2 million copies and reaches No. 2 on Billboard's Hot 100. Two later releases, “Time After Time'' and “True Colors'' top the chart.
    1955---Top Hits
“Cherry Pink and Apple Blossom White” - Perez Prado
“Rock Around the Clock” - Bill Haley & His Comets
“It’s a Sin to Tell a Lie” - Somethin’ Smith & The Redheads
“Live Fast, Love Hard, Die Young” - Faron Young
    1957 -A violent tornado, rated F5 on the Fujita scale, tore through Fargo, North Dakota. 10 people were killed and 103 injured. Over 1300 homes were damaged or destroyed.
    1960-Floyd Patterson became the first boxer to regain the heavyweight championship when he knocked out Ingemar Johansson of Sweden at 1:51 of the fifth round. Patterson won the crown for the first time on November 30, 1956, defeating Archie Moore. Johansson scored a TKO over the champion on June 26, 1959. Johansson also lost a third fight on March 13, 1961.
    1960-17-year-old Annette Funicello entered the Billboard Pop chart with the Paul Anka-penned "Train of Love". The song would become the fourth of her five Top 40 hits, eventually reaching #36.
    1963 - The United States and the Soviet Union established a hot-line to serve as an emergency communications system between the two superpowers during the Cold War. While the system was tested, it was never used.
    1963---Top Hits
“Sukiyaki” - Kyu Sakamoto
“You Can’t Sit Down” - The Dovells
“Blue on Blue” - Bobby Vinton
“Act Naturally” - Buck Owens
    1964 - A squall line producing large hail swept through central Illinois. A second squall line moved through during the early morning hours of the 21st, and a third one moved through shortly after dawn. The series of hailstorms caused nine million dollars damage. Hailstones as large as grapefruit caused heavy damage to trees, utility lines, crops and buildings. The thunderstorms also produced as much as five inches of rain in an eight hour period
    1964-Birthday of actor Michael Landon, Jr. “Bonanza” “The Ghosts,” born
Encino, California
    1965 - No. 1 Billboard Pop Hit: "Mr. Tambourine Man," The Byrds.
    1966 - The U.S. Open golf tournament was broadcast from San Francisco, with something extra for the nation’s golf fans. It was the first time TV had beamed a golf event in color.
    1967---Boxing champion Muhammad Ali is convicted of refusing induction into the American armed services. The conviction was later overturned by the Supreme Court.
      1967-Birthday of actress Nicole Kidman, born Honolulu, Hawaii.
      1969--The three day Newport Festival began in Northridge, California, featuring such performers as Jimi Hendrix, Joe Cocker, and Ike and Tina Turner. Hendrix was paid $135,000, at the time the most ever paid to a rock performer for a single performance. Like the notorious Altamont Festival later in the year, there were violent gate-crashing incidents and a motorcycle gang had been hired for security.
http://www.jimi-hendrix.com/
       1970 - Beatles tune "The Long and Winding Road" began its second week on the pop music charts number one spot. It would be the last song released by The Beatles.
    1970-Neil Young's "Cinnamon Girl" goes gold.
    1971---Top Hits
“It’s Too Late/I Feel the Earth Move” - Carole King
“Rainy Days and Mondays” - Carpenters
“Treat Her Like a Lady” - Cornelius Brothers & Sister Rose
“When You’re Hot, You’re Hot” - Jerry Reed
    1972 - Pres. Nixon recorded on tape information relating to the Jun 16 Watergate break-in. Sections of the tape were later erased, allegedly accidentally by sec. Rose Mary Woods. A panel of experts examined the tape to see if the 18-minute gap was intentional. Richard H. Bolt (d.2002 at 90), acoustic expert at Bolt, Beranek and Newman, later said that if it was an accident than it was committed at least 5 time in the 18 minutes.
   1972-The Tallahatchie Bridge, made famous in Bobbie Gentry's "Ode to Billie Joe", collapsed into the Yazoo River. Although an article which appeared in the November 1967 issue of Life magazine showed a picture of Bobbie walking across it, she later said that she didn't have any particular span in mind when she wrote the song. It's also worth noting that Chocktaw Ridge, which is also referred to in the song, is located a hundred miles away on the east side of the I-55, and not anywhere near the Tallahatchie River as it passes through Leflore County.
      1973 - American Bandstand airs its 20th anniversary special on ABC-TV, featuring Little Richard, Paul Revere and the Raiders, Three Dog Night, Johnny Mathis, Annette Funicello, and Cheech and Chong. It also features the first appearance of his many huge "all-star" rock jams.
    1975—“Jaws” Film released: With its tagline, “Don’t go in the water” and its ominous cello music, the Steven Spielberg-directed thriller shocked audiences on this date. Adapted from a Peter Benchley bestseller, ”Jaws” showed a great white shark preying on the beachgoers of a New England town. It won three Oscars—best editing, best sound and best original score ( by John Williams)—and was a blockbuster success.
    1977-Former White House chief of staff HR Haldeman enters prison.  Died 1993.
http://www.washingtonpost.com/wp-srv/national/longterm/watergate/stories/halobit.htm
    1977 - No. 1 Billboard Pop Hit: "Got to Give It Up (Pt. 1)," Marvin Gaye.
    1979---Top Hits
“Hot Stuff” - Donna Summer
“We are Family” - Sister Sledge
“Ring My Bell” - Anita Ward
“She Believes in Me” - Kenny Rogers
    1980- "It's Still Rock & Roll" becomes Billy Joel's first #1 hit.
    1985 - Coach Rollie Massimino told reporters, "I just can’t leave Villanova," when he turned down a $2.1 million, ten years offer to coach basketball for the New Jersey Nets.
    1987 - Whitney Houston’s album, "Whitney", debuted on "Billboard" magazine’s album chart at number one. Houston became the first female to have an LP debut at the top. The singer, daughter of Cissy Houston and cousin of Dionne Warwick, began her singing career at age 11 with the New Hope Baptist Junior Choir in New Jersey. Houston first worked as a backup vocalist for Chaka Khan and Lou Rawls.  She entered modeling in 1981, appearing in "Glamour" magazine and on the cover of "Seventeen". Whitney married soul singer, Bobby Brown, in the late 1980s.  On February 11, 2012, Houston was found dead in her guest room at The Beverly Hilton, in Beverly Hills, California. The official coroner's report showed that she had accidentally drowned in the bathtub, with heart disease and cocaine use listed as contributing factors.
    1987---Top Hits
“Head to Toe” - Lisa Lisa & Cult Jam
“I Wanna Dance with Somebody (Who Loves Me)” - Whitney Houston
“In Too Deep” - Genesis
“Forever and Ever, Amen” - Randy Travis
    1988-A law to force the admission of women to private clubs was upheld unanimously by the Supreme Court. At issue was a New York City law requiring women to be admitted to large, private clubs that are said to play important roles in business and professional life. In New York, the University Club had already voted to admit women. By the end of August, the Union League Club, the Century Association, and the Friars Club in New York agreed to admit women. The Friars Club in California admitted its first female member in 1987. On June 18, the exclusive Cosmos Club in Washington, D.C.C. unassailably male for 110 years, voted by a large majority to accept women. It too had been threatened with legal action.
    1988 - Thirty-eight cities in the central U.S. reported record high temperatures for the date. Afternoon highs of 97 degrees at Flint, MI, and 104 degrees at Chicago, IL, equaled records for the month of June. Thunderstorms in North Dakota produced baseball size hail near Kief, and wind gusts to 100 mph near McGregor
    1993- With a four-games-to-two victory over the Phoenix Suns in the National Basketball Association (NBA) finals, the Chicago Bulls earned their third straight NBA title. The Bulls became the first team to “three-peat” since 1966, when the Boston Celtics won their eighth in a row. In 1996, the Bulls won the NBA title for a fourth time, in 1997 for a fifth, and in 1998 for a sixth, for another three-in-a-row sweep.
    1994 - O.J. Simpson pleaded innocent to murdering his ex-wife and her friend.
    1994-- Geffen Records offered the estimated two million subscribers to the CompuServe computer bulletin board an opportunity to download a previously unreleased Aerosmith song, "Head First." The track was recorded during the band's sessions for the 1993 album "Get a Grip." It was one of the first times that subscribers to a bulletin board service could download an entire song over computer lines.
    1995-- Michael Jackson's "HIStory - Past, Present and Future: Book One" was released. The double CD, Jackson's first album since child molestation allegations two years earlier, debuted at number one on the Billboard chart. Initial sales in the US were strong but dropped off sharply in subsequent weeks. Canadian record stores reported only moderate sales. Jackson had to battle controversy over anti-Semitic lyrics in the song "They Don't Care About Us." He said he used the words to illustrate the evils of prejudice. Jackson promised to include a written explanation in albums already produced and not shipped and to re-record the song with new lyrics for future releases.
    1995 -A supercell thunderstorm dumped unusually large hail for New England in Connecticut. Baseball size hail fell at Vernon, Manchester, Deep River, and Old Saybrook. At Deep River, the large hail lasted for 20 minutes, causing hundreds of thousands of dollars in damage. Some automobiles were totaled. In one historic building, 25 windows were broken, including a 100 year old curved window.
    1995 - Legendary country duo George Jones and Tammy Wynette release reunion album "One."
    1997 - The tobacco industry agreed to a massive settlement in exchange for relief from mounting lawsuits and legal bills.
      1999 - Payne Stewart made a 15-foot par putt on the 18th hole at famous Pinehurst Resort & Country Club's No. 2 course in Pinehurst, North Carolina. The putt was just enough to win the U.S. Open by one stroke over Phil Mickelson. Stewart, one stroke behind with three holes to play – and apparently heading for a play-off round the next day -- made a 25-foot putt for par to catch Mickelson, a 3-foot birdie putt on No. 17 to take the lead, and then his 24th putt of the day to win the championship. He tragically died in a plane crash October 25, the same year, 1999.
    2001-- Hitting his 38th homer of the season, Barry Bonds breaks the major league mark established by Reggie Jackson (1969) and Mark McGwire (1998) for home runs hit before the All-Star game. The Giants' left fielder still has 17 games to add to the record.
    2002 - The U.S. Supreme Court declared that executing mentally retarded murderers was unconstitutionally cruel.
      2004-- On Father's Day with his dad present, Ken Griffey, Jr. nails a 6th inning fastball of Cardinal hurler Matt Morris over the right field wall at Busch Stadium for his 500th career home run. The Reds' center fielder becomes the 20th major leaguer and the sixth youngest (34) to reach the milestone.
    2004-June 20th marked the 3000th time that Paul McCartney took to the stage as a professional musician. He had performed 2,535 concerts with the Quarrymen and the Beatles, 140 gigs with Wings and 325 solo shows.
    2006 - An album of jazz standards Diana Ross recorded more than 30 years earlier finally sees the light of day. "Blue" was intended as a companion to the hit 1972 soundtrack to "Lady Sings the Blues," in which Ross portrayed jazz legend Billie Holiday. However, Ross instead followed up the project with the pop album "Touch Me in the Morning," which reached No. 1 on the Billboard album chart. In its wake, "Blue" was shelved.
    2007 - Sammy Sosa of the Texas Rangers became the fifth major leaguer to hit 600 career home runs.
      2008-Jimmy Buffett announced that his Margaritaville Holdings has paired with New York gambling company Coastal Marina to buy the Trump Marina Hotel Casino for $316 million. His vast business empire also includes tequila, beer, frozen food, footwear, restaurants, a resort, a record label and a recording studio. In 2006, Rolling Stone magazine estimated Buffett's earnings at $44 million - the seventh-most of any musician.

NBA Finals Champions This Date

    1993 Chicago Bulls
    2006 Miami Heat

 

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