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

kitmenkin@leasingnews.org
   

 


Wednesday, March 9, 2016



Today's Equipment Leasing Headlines

NAELB Board Plea for Contributions
 for Family of Patrick Sponsel
NEFA New Orleans Summit Record Attendance
  California Lenders License Controversy
      by Dwight Galloway
McCurnin Agrees with Andy Alper and Marshall Goldberg
The Di Minimis Exception to the California Lender's License
   Does Not Protect Unlicensed Brokers
By Tom McCurnin, Leasing News Legal Editor
Leasing Industry Ads---Help Wanted
Apply Today
Sales Make it Happen by Steve Chriest
Male Brain – Female Brain
The State of Women in Tech Workforce Chart
% of Female Employees
Ant Financial Raises $3.1 Billion on $50 Billion+ Valuation
  Division of Alibaba, over 200 Million Credit Cards
No Longer taking Broker/Discounting Business
   plus Leasing Companies Out of Business – Updated
Last Call  -- Please Respond to Leasing News Survey
How You Connect to the News Edition
Google Faces Flood of Copyright Removal Requests
  In the Past Week, Requests were 21 Million
Ascentium Capital Launches Merchant Finance Division
  Bob Neagle as President/General Manager to Lead New Division
Labrador Retriever (Mix)
Dallas, Texas  Adopt-a-Dog
Free Leasing News Classified Ads
Accounting / Aircraft / Appraisals
News Briefs---
JPMorgan Fintech Bunker, Coders Building Bank Apps
    125,000 Square Foot Space all the Trappings of a Startup!
King of Prussia tech company to be acquired in $350M deal
  To be renamed CardConnect Corp.
Fintech Could Disrupt Finance
   Transforming Payment Procedures
Cybersecurity Awareness Basics
  from FDIC
Drayage firms bear brunt of supply chain cost increases
  Mega-Ships at US Ports Changing Harbor Trucking Companies

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

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[headlines]

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NAELB Board Plea for Contributions
for Family of Patrick Sponsel

The National Association of Equipment Leasing Brokers has approved a donation of $500 from the organization to the family of past NAELB President Patrick Sponsel, who passed away last week after a four year battle with cancer.
 
In addition to the organization's contribution, individual board members have also contributed to support the family, which is facing high medical bills incurred during Patrick's treatments. NAELB Members were also encouraged to contribute.

Colleagues are also being asked to contribute. Any amount will be helpful.

Memorials may be made to the family of Patrick Sponsel, in care of Parkway Bank, 7581 W Thunderbird Road, Peoria, Arizona 85381.


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NEFA New Orleans Summit Record Attendance
California Lenders License Controversy
by Dwight Galloway, CLFP

The efficiently run National Equipment Finance Association Finance Summit held in New Orleans seemed very successful with much energy surrounding the well-attended education/information sessions and the ampl/exhibit/networking time. The Wednesday evening through Friday afternoon mid-week schedule allowed attendees the choice of extending their revelry or being home by midnight.

The record turnout of 261 attendees was the largest Finance Summit since the merger. In addition, it included more than fifty first time attendees of whom half were employees of new members.

Funders/service companies were again in the majority and the universal interest in increasing the broker/lessor attendance sparked heated discourse in the hallways as well as the formal membership and conference planning committees.

Broker/lessors from all parts of the country voiced the opinion that the conference was well worth their time and expense and repeated the perennial post-recession lament: Why don’t more broker/lessors take advantage of the valuable opportunity? Why indeed: penny wise and pound foolish?

The California Lenders License issue was front and center in a breakout presentation and an extended question and answer general session by attorneys Andy Alper and Marshall Goldberg.  Their revelation that the “5 deal exemption” DOES NOT APPLY TO ANY equipment lease broker caused a sensation.


Dwight Galloway, CLFP
SVP Broker Funding
RLC Funding


 

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McCurnin Agrees with Andy Alper and Marshall Goldberg
The Di Minimis Exception to the California Lender's License
   Does Not Protect Unlicensed Brokers
By Tom McCurnin
Leasing News Legal Editor


Reliance on the 5 Loan per Year Exception Provides Little Protection for Lenders

I was asked whether a broker, brokering a capital lease, business loan, or equipment finance agreement, could avoid being licensed if the broker arguably only funds 5 or fewer deals in California. As a follow up question, I was asked whether funding sources should use such brokers. The answer is “maybe” and “no.”

The starting point for this discussion is Financial Code § 22050(e) which states that the Financial Lender’s law does not apply to those lenders which make five or fewer loans in a 12 month period. Called the “occasional loan” exception or the “di minimis” exception, that should include brokers, but the subsection does not mention the term “broker” although it refers to brokers elsewhere in the statute. To me, this implies that a lender may rely upon the exception, but a broker may not. 

The next point is SB 197 which, through Financial Code § 6602(b) imposed potential liability on the part of the lender which pays unlicensed brokers, for misrepresentations made by the unlicensed broker. This is true, even where the broker meets the threshold for an exception under SB 197 (commercial loan, interest rate under 36%, brokers does not collect financial information, borrower has means to pay, and the lender reports the commission to the Department of Business Oversight). 

So assuming a lender honestly wants to pay an unlicensed broker who claims to only do five leases a year in California, the lender would have to be nuts to use the broker because:

•  The 5 Loan a Year Di Minimis Exception Does Not Apply to Brokers
•  The Broker Will Obviously Collect Financial Information In Violation of the Statute
•  The Lender Is Liable for Any Misrepresentations the Broker Makes to the Borrower. Yeah, your broker agreement has an indemnity provision. Good luck enforcing that.

The bottom line for me is that using licensed brokers assures the lender that its brokers are not convicted felons, have minimum net worth requirements, and have posted the requisite bond. This not only makes good business sense, it is the law in the State of California. The DBO can assess you fines of $2,500 per violation. It could also be very expensive in attorney and court fees. This could get real pricey if the lender and broker do a lot of business in California.

The bottom line to this issue is that brokers need to be licensed.

Tom McCurnin is a partner at Barton, Klugman & Oetting
in Los Angeles, California.

Tom McCurnin
Barton, Klugman & Oetting
350 South Grand Ave.
Suite 2200
Los Angeles, CA 90071
Direct Phone: (213) 617-6129
Cell (213) 268-8291
Email: tmccurnin@bkolaw.com
Visit our web site at www.bkolaw.com
Previous Tom McCurnin Articles:
http://www.leasingnews.org

Previous Tom McCurnin Articles:
http://www.leasingnews.org/Conscious-Top%20Stories/leasing_cases.html



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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.

 

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Leasing News puts a "help wanted" on top of the "masthead" so it is the first thing that a reader sees when they open the news edition or go to the website. The ad is changed in each news edition. It is designed to be a "display ad," not a "classified ad."

In addition to the masthead position, the "help wanted" ad also appears in the "news briefs" section, the second most-read section, and it is rotated in each news edition. It is not hidden. It is clearly visible.
The full section of "help wanted ads” also appears in each news edition, in each edition, as well as appears on the web site. It also is not “hidden.”

The idea of the ad is to draw attention, and have the reader interested in what the company offers from the advertisement rather than a "job description."

Most ads then direct the reader to their website for a full job description, if interested, or to a separate flyer. The main idea is to get the reader to make an inquiry.



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Sales Make it Happen by Steve Chriest

Male Brain – Female Brain

The United Nation’s official theme for this year’s International Women’s Day, celebrated on March 8th since 1975, is “Planet 50-50 by 2030: Step It Up for Gender Equality”. It is a fact that a high percentage of women do not get equal pay compared to what a man earns in the same position, nor are they equally employed in management.

There is very strong evidence that despite language and cultural differences, people all over the world see, talk and think about objects and people in the same basic way. Now there also is strong evidence that gender plays a large role in the way male and female brains perceive the world and how they process information. Surprised?

Despite what someone once published in a book, women aren't really from Venus and men aren't really from Mars – it just might sometimes appear that way! What is true about men and women, according to the latest research by cognitive scientists, is the fact that the minds of men and women are not identical in every respect. Being aware of some of the important differences can help in selling situations.

Men, for example, are better at mentally rotating objects and maps, while women are better at remembering landmarks and the position of objects. Men are better throwers, but women, on average, are more dexterous than men. Men are better at solving mathematical word problems, but women are better than men at mathematical calculation.

Some other differences in the sexes may have a wider impact in selling situations. Women generally experience basic emotions more intensely, except perhaps anger, than men. I was surprised to learn that women maintain more eye contact and smile and laugh far more often than men.

Women are better at reading facial expressions and body language, are better spellers, and have a better memory for verbal materials. The opposite of all this, of course, is true of the typical male.

When meeting with, or delivering presentations to groups consisting primarily of men or women, it makes sense to tailor your approach to your audience. If you will be meeting with a women's group, for example, it may make sense to deliver an animated presentation, delivering most of your content verbally.

If the cognitive scientists are correct, it would make sense to provide a male audience with lots of photos, graphs and statistics presented in a visual format. If, on the other hand, you face a mixed audience, you'll want to make sure you include verbal and visual elements that complement each other and appeal to female and male members of your audience.

We certainly don't need cognitive researchers to point out the obvious to us – women and men often think differently, and even see the world differently, in some important ways. Verifying and acknowledging these differences, however, gives you the advantage of awareness in certain selling situations.

You can use this information to assess your audience and to tailor your approach to the sale, taking into consideration the different ways in which the male and female brain works.

Now, wouldn't the world be a much better place if women could learn to think a bit more like men? Or should it be the other way around?

Steve Chriest is the CEO of Open Advance and author of Selling to the E-Suite, The Proven System for Reaching and Selling Senior Executives and Business Acumen 101. He recently re-named his company from Selling-Up.  He produces video and radio blogs, as well as continues as a columnist for Leasing News.
www.openadvance.com/contact/
925-263-2702
www.openadvance.com/


Sales Makes It Happen Articles:
http://www.leasingnews.org/Legacy/index.htm 

 


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Ant Financial Raises $3.1 Billion on $50 Billion+ Valuation
Division of Alibaba, over 200 Million Credit Cards

by Bradley Bergan, bankinnovation.net

The name might indicate something small, but Ant Financial is anything but. The spinoff of Alibaba is valued at over $50 billion and plans to raise a heap more.

As China’s highest-valued internet finance company, Ant Financial Services Group will raise 20 billion yuan ($3.1 billion) on a valuation of $50 million, according to investors. This estimation varies by about $10 billion — Techcrunch pegs it at $60 billion, for example — but in any case the round is expected to close by mid-April.

In any case, the valuation exceeds the market capitalization of all but the largest banks.

This ups the ante for Ant Financial’s imminent public offering, expected in early 2017, possibly on China’s own stock exchange. Ant Financial is best known for its affiliating with Alipay. As China’s largest online payments service, Alipay boats 500 million users with 200 million credit cards. Another Ant business is Sesame Credit Scoring, which addresses a major issue in China, an emerging middle class that is largely unscored.

Over the past few years observers in Silicon Valley and the West at large have found Alibaba’s innovation and success confounding and astounding, and not in that order. In January of last year we took note of Alibaba’s huge ambitions. Back in those days, people were still trying to describe Alibaba by analogy; at first the Amazon of China, then “the Amazon plus eBay plus PayPal of China.” The point is the so-called Four Horsemen of Fintech, that is Amazon, Google, Facebook and Apple, have solid competition in Ant, and, it is sheer foolishness to dismiss them as lacking innovation, as pundits once quipped.

A “close” competitor of Ant — WeBank, a unit of internet megalith Tencent Holdings Ltd. — is at $5.5 billion in terms of raising valuation.

Chinese internet-finance companies benefit from a tech edge over the nation’s state banks, which aren’t so nimble. The underpinning strategy of companies like Ant Financial is to use amassed data and analytics to reduce lending risk for small borrowers. China generally discourages such loans in favor of investments in big government-owned companies. But now these big government companies are losing business as e-commerce initiatives like JD.com and Alibaba expand into new economic frontiers.

Consumers are a growing force in China, and companies like Ant are growing along with them.

 

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Please Respond to Leasing News Survey
How You Connect to the News Edition

 

 

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Updated

No Longer taking Broker/Discounting Business
plus Leasing Companies Out of Business



Companies with an * are no longer in business. The others are companies that were taking broker business, but announced that they no longer are accepting broker business. Many have also down-sized or are managing an existing portfolio.

More details are available in this list by company name:

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

*ABCO Leasing Inc., Bothell, WA
*ACC Capital, Midvale, Utah (lenders running off portfolio residuals, Leasing News receiving Evergreen non-notification complaints, demanding 12 more monthly payments)
Advantage Business Capital, Lake Oswego, Oregon
AEL Financial, Buffalo Grove, Illinois
(No longer taking new broker business)
Allegiant Partners, San Rafael, California 
Alliance Financial, Syracuse, New York
*Alternative Capital, Apollo Beach, Florida 
*AMC Funding, Charlotte, North Carolina
American Bank Leasing, Alpharetta, Georgia
*American Equipment Finance, Warren, New Jersey
Balboa Capital, Irvine, Ca
Bank of the West Leasing Indirect, San Ramon, California
    (Require high volume, successful brokers only) 
*Bank Midwest Leasing, Overland Park, KS 
Bankers Healthcare Group, Weston, FL
*Blackstone Equipment Financing, Orange, California 
*Capital One Equipment Finance, Towson, Maryland 
*CapitalSource Healthcare Finance, Chevy Chase, Maryland
*CapNet, Los Angeles, California
*C and J Leasing Corp, Des Moines, Iowa
*Carlton Financial Corporation, Wayzata, Minnesota
*Chase Industries, Inc., Grand Rapids, Michigan 
*Chesterfield Financial, Chesterfield, Missouri
CHG-MERIDIAN U.S. Finance, Ltd, Woodland Hills, CA
(Sales Management focuses very selectively on certain brokers.) 
*Churchill Group/Churchill Leasing, Jericho, NY
CIT Group (limited)
Columbia Bank Leasing, Tacoma, WA
*Columbia Equipment Finance, Danville, California 
Commercial Equipment Lease, Eugene, Oregon 
Concord Financial Services, Long Beach, California
*Court Square, Malvern, Pennsylvania
*Creative Capital Leasing Group, LLC, San Diego, CA
Crossroads Equipment Lease & Finance, Rancho Cucamonga, Ca 
Direct Capital, Portsmouth, New Hampshire
Diversified Financial Service, Omaha, NE
* Dolsen Leasing, Bellevue/Yakima, Washington
Equipment Finance Partners, a division of Altec, Birmingham, Alabama 
Evans National Leasing, Inc., Hamburg, NY
Enterprise Funding, Grand Rapids, Michigan
* Evergreen Leasing, South Elgin, Illinois
*Excel Financial Leasing, Lubbock Texas
*First Corp.(IFC subsidiary), Morton Grove, Illinois
First Federal Financial Services, Inc., Menomonee Falls, Wisconsin
First Republic Bank, San Francisco, CA
Frontier Capital, Teaneck New Jersey 
*GCR Capital, Safety Harbor, Florida 
GE Capital, Conn (limited)
Global Funding LLC., Clearwater, FL
*Greystone, Burlington, MA
*Heritage Pacific Leasing, Fresno, CA
*Hillcrest Bank Leasing, Overland Park, KS (Parent bank sold)
Huntington Equipment Finance, Vendor Finance Group, Bellevue, Washington
*IFC Credit Corp., Morton Grove, Illinois
Irwin Financial (Irwin Union Bank), Columbus, Indiana 
Irwin Union Bank, F.S.B. (Louisville, Kentucky)
Lakeland Bank, Montville, NJ
LaSalle Systems Leasing
*Latitude Equipment Leasing, Marlton, New Jersey 
*Leaf Specialty Finance, Columbia, South Carolina
*LEAF Third Party Funding, Santa Barbara, Ca.
Lombard, part of Royal Bank of Scotland, worldwide
M&T Credit (Bank)
*MarVista Financial, Villa Park, California 
*MericapCredit, Lisle, Illinois
*Meridian Healthcare Finance, San Diego, California 
Merrill Lynch Financial
Midwest Leasing Group, Livonia, Minnesota
National City, Cleveland, Ohio
*Navigator (Pentech subsidiary) San Diego, California
OFC Capital, Roswell, Georgia
Old National Bank, Evansville, Illinois
*Pentech Financial, Campbell, CA
*PFF Bancorp, Inc, Pomona, CA
Pinnacle Business Finance, Fife, Washington
*Pioneer Capital Corporation, Addison, Texas
PredictiFund, a subsidiary of Capital Access Network, Inc
*Podium Financial Group, Inc.,Costa Mesa, CA
Popular Finance, St. Louis, Missouri
Puget Sound Leasing, Seattle, Washington 
Radiance-Capital, Tacoma, WA
Rational Technology Solutions, Rolling Meadows, IL
*Reliant National Finance, Jacksonville, Florida
Sandy Springs, Olney, MD
*Securities Equipment Lsg. (SEL, Inc.), Glendora, CA
*Select Equipment Leasing Co., Concord, CA
* Sharpe Financial Network, Phoenix, Arizona 
Sovereign Bank, Melville, New York
Specialty Funding, Albuquerque, NM
*Studebaker-Worthington Leasing, Corp., Jerico, NY
(part of sale from Main Street Bank to Ascentium Capital) 
Sun Trust Equipment Finance & Leasing, Baltimore, Maryland 
*SunBridge Capital, Mission, Kansas
Suncoast Equipment Funding Corp., Tampa, Florida
TCF Equipment Finance, Minnetonka, Minnesota 
TechLease, Morgan Hill, California
*Tennessee Commerce Bank, Franklin, Tennessee 
Textron Financial
*Triad Leasing & Financial, Inc., Boise, Idaho
*TriStar Capital, Santa Ana, California 
*Union Capital Partners, Midvale, Utah
US Bank, Manifest Funding, Marshall, Minnesota
(new requirement: large yearly funding) 
US Bank, Middle-Market, Portland, Oregon 
Velocity Financial Group, Rosemont, Illinois
VenCore, Portland, Oregon (former company Len Ludwig)
*Vision Capital, San Diego, California
Wachovia Bank Leasing
*Warren Capital, Novato, California
*Washington Mutual Financial
Western Bank, Devils Lake, ND
*Westover Financial, Inc., Santa Ana, California

(Note: Should a company policy have changed, please contact kitmenkin@leasingnews.org)

Funders looking for new Brokers:
http://www.leasingnews.org/Funders_Only/New_Broker.htm

 


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

[headlines]
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Google Faces Flood of Copyright Removal Requests
In the Past Week, Requests were 21 Million

by Felix Richter, Statista

According to data published in Google’s Transparency Report, copyright owners filed requests to have more than 76 million URLs removed from search results due to copyright infringement in the past month. In the past week alone, the number of requests amounted to 21 million – the highest it has been since Google started reporting these numbers in 2011.



Receivables Management LLC

John Kenny

• End of Lease Negotiations & Enforcement 
• Third-Party Commercial Collections 

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

 

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

Ascentium Capital Launches Merchant Finance Division
Bob Neagle as President/General Manager to Lead New Division

KINGWOOD, TX – Ascentium Capital, a national commercial lender providing comprehensive finance solutions, announced that it is now offering a specialized financing program to Independent Sales Organizations (ISOs) and to their clients, retail merchants.


Tom Depping
CEO, Ascentium Capital

“The creation of our Merchant Finance Division is an exciting opportunity to fill a void in an underserved market,” commented Tom Depping, Chief Executive Officer at Ascentium Capital. “We will be able to drive substantial business for our Independent Sales Organization (ISO) partners and enhance their merchant relationships with the expert leadership that has joined our company and with our broad product offering.”

(The payment card industry defines an ISO as an organization or individual that is not an Association member (meaning not a Visa or MasterCard member bank), but which has a bank card relationship with an actual Association member. Such a relationship can involve various things, such as acquiring or issuing functions, soliciting new customers, arranging for terminal purchases or leases, providing customer service, soliciting cardholders, etc. Editor).

The Merchant Finance Program has a streamlined approval and financing process for both the ISO’s and the merchants. Application-to-funding occurs the same day. Additionally, merchants are able to finance nearly anything including countertop to tablet-based POS equipment as well as have access to small business loans to meet working capital needs and other financing and leasing options for business equipment and technology.

The new division will be managed by Bob Neagle, President and General Manager of Merchant Finance, who recently joined Ascentium Capital from First Data Global Leasing. Neagle brings over 12 years of expertise in the merchant finance segment and over 30 years in financing.


Richard Baccaro, Chief Sales and Marketing Officer at Ascentium Capital, said, “Bob’s experience will help drive this new initiative and we look forward to the opportunity to help our ISO partners grow their businesses. Ascentium’s financial products and simplified process will enhance the offering that is currently available to this niche.”

As a direct lender, Ascentium Capital LLC specializes in providing a broad range of business financing, leasing and working capital loans. The company’s offering benefits equipment manufacturers and distributors as well as direct to businesses nationwide. Ascentium Capital is backed by the strength of leading investment firms Vulcan Capital and LKCM Capital Group, LLC. For more information, please visit

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

 


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Labrador Retriever (Mix)
Dallas, Texas  Adopt-a-Dog


Honeybun
Female
Date of Birth: 02/20/2015

Honey Bun was found running loose by one of our volunteers. She already has too many dogs, so she brought her to us to find her a forever home! Honey Bun knows how to sit, lay down, and roll over! She is a sweet heart that just wants to cuddle with everyone she meets! She is still a puppy at heart and needs to learn not to jump on everyone she meets. She is very smart and willing to learn! Honey Bun is around 40 pounds and is great on the leash! She seems good around other dogs and would be best with older children so she does not knock them over on accident!

Shelter
Dog & Kitty City
2719 Manor Way
Dallas, Texas 75235
Phone:       214-350-7387
Hours:       Daily 11:45-5.
Closed Tuesdays and holidays.

For all pet inquiries and for faster service, please contact the Adoption Director by email at adoptions@dognkittycity.org . If you need to speak with someone, you can call the shelter and leave a message at 214-350-7387. If you are interested in adopting this pet you will need to submit a filled-in adoption application (http://dognkittycity.org/docs/adoptionapp.pdf ) to the Adoption Director in person, by email, or by fax at 214-484-6695.

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

 

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Leasing News Free Classified Ads

Appraisals: Boston, MA
Nationwide appraisals, remarketing, audits, inspections and more! Over 15-years industry experience and dedicated to deliver personal, prompt, professional services. 
Call Chris @ 508-785-1277. 
Email:
chris@dovermanagementgroup.com
 

   

Appraisals: National Equipment Appraisal prepares Certified Machinery and Equipment Appraisals. IRS qualified, USPAP Compliant. Nationwide - fast turnaround.
Visit 
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E-mail: mattm@osgsolutions.com 
Accounting: National Property Tax Compliance Services to the leasing industry. Over 80 years experience and 70 Lessors as clients. References and free quotes available
440.871.0555
E-mail gary@avptc.com 
  
Aircraft Delivery: Seattle, WA 
Global Aircraft Delivery ferries all types of aircraft all over the world. We are a unique ferry company moving your aircraft with our expert turnkey operation.
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E-mail:info@globalaircraftdelivery.com
Asset Management: Canada 
Cease Bailiff Services Incorporated:
Asset Investigation/Tracing; Asset Recoveries; Asset Protection/Security
Asset Liquidations/Sales; Ottawa, Canada;www.ceasebailiff.ca dave@ceasebailiff.ca; Phone 613 898 7376 ; Fax 613 225 2452

Asset/Recovery & Collections:
Charlotte, NC
IRTC Continencies: Commercial Collections-Skip Trace- Repossessions-judgment enforcement-Investigations- Asset Re-marketing& No Cost Warehousing East Coast USA. Call 336-877-3077 ask for Robert or
E-mail to Robert@mbsfinancial.com

Nationwide Seasoned anfair priced workforce is at your service for all lease collections, repossessions, and asset liquidations, appraisals.  Call Nassau Asset Management800-462-7728   dcastagna@nasset.com  

Nationwide Recovery Systems is a global collection agency that can customize its asset and recovery services based on the circumstances surrounding your debt. We can handle any account from 3rd party services to legal recourse on a contingency basis. Chris 4695210428 /chris.krell@nrs.us

 
Asset/Recovery: NorthWest 
Sequent provides collateral recovery, remarketing, and storage services to lenders with assets located in the greater Pacific Northwest. Professional services at reasonable pricing. Contactrossr@sequentam.com
Asset Marketing/Recovery: Remarking solutions for big rigs assets and trucking related companies including collections, recovery, repair and re-sales. North South Leasing cell # 586-909-8797bob@nsleasing.com
Appraisals/Asset Recovery
Melville, New York
Auctions, Appraisals, National Repossessions.  ALL asset classes. 20+ year team works for you. Spend less, Net More… Fast!
Ed Castagna 516-229-1968ecastagna@inplaceauction.com
Appraisals/Inspections – Construction & Mining Heavy Equipment, Transport, Agriculture and Manufacturing. We provide Certified Appraisal Reports, (USPAP Compliant), Inventory Inspections, Collateral Valuation, VIN and Serial Number Verification with Detailed Photos, Lessee and Vendor Site Inspections including Customized Inspections. In a Hurry? Try our Kwik-Kwote 
Email
www.MobileEquipAppraisals.com

 


(Leasing News provides this ad as a trade for appraisals and equipment valuations provided by Ed Castagna)

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News Briefs---

JPMorgan Fintech Bunker,  Coders Building Bank Apps
    125,000 Square Foot Space all the Trappings of a Startup!
http://www.bloomberg.com/news/articles/2016-03-07/in-jpmorgan-fintech-bunker-coders-are-too-focused-for-foosball 

King of Prussia tech company to be acquired in $350M deal
http://www.bizjournals.com/philadelphia/news/2016/03/07/king-of-prussia-tech-company-agrees-to-be-acquired.html

Fintech Could Disrupt Finance; Transforming Payment Procedures
http://www.ft.com/cms/s/0/425cb3ca-e480-11e5-a09b-1f8b0d268c39.html#axzz42McQtxRF

Cybersecurity Awareness Basics
https://www.fdic.gov/consumers/assistance/protection/IdTheft.html

Drayage firms bear brunt of supply chain cost increases
  Mega-Ships at US Ports Changing Harbor Trucking Companies
http://www.joc.com/port-news/us-ports/drayage-firms-bear-brunt-supply-chain-cost-increases_20160307.html

 

 



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--You May Have Missed It

Cities With the Highest (and Lowest) Unemployment Rates
http://247wallst.com/special-report/2016/03/04/cities-with-the-highest-and-lowest-unemployment-rates/


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SparkPeople--Live Healthier and Longer



Diet-Friendly Alcohol Choices
Low Calorie Alcohol Options to Stay On Track
http://www.sparkpeople.com/resource/nutrition_articles.asp?id=893


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Winter Poem

Gabe

Witty, intelligent, funny, skinny
Son of Audrey and Steve
Lover of sports, video games, and candy
Who feels sad, mad, and happy
Who needs, TV, friends, and sports
Who gives his humor, his help, his courage
Who fears murderers, the dark, shots
Who likes to wear sunglasses, shirts, and jerseys
Who would like to see the Denver Broncos win the Super bowl again, Peyton Manning up close, and Disney World
again

Resident of Briarcliff
Mrs. Sbarra's 3rd grade class

 


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Sports Briefs----

Relive the Golden State Warriors' Record-Breaking
   45-Game Home Win Streak
http://bleacherreport.com/articles/2622932-relive-the-golden-state-warriors-record-breaking-45-game-home-win-streak


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California Nuts Briefs---

Cook, Musk, Page attended GOP meeting to stop Trump, report says
http://www.siliconbeat.com/2016/03/08/cook-musk-page-attended-gop-meeting-to-stop-trump-report-says/

In major win for high-speed rail, judge rejects claims by Kings County foes of bullet train
http://www.sacbee.com/news/local/transportation/article64736672.html

Southern California water agency moves to buy Delta islands
http://www.sacbee.com/news/state/california/water-and-drought/article64842097.html

In San Francisco and Rooting for a Tech Comeuppance
http://www.nytimes.com/2016/03/09/technology/in-san-francisco-and-rooting-for-a-tech-slowdown.html?ref=business&_r=0

 

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“Gimme that Wine”

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

Nike Executive Recommends Innovation in Winemaking
http://www.winesandvines.com/template.cfm?section=news&content=165667

California storms send billions of gallons of water into reservoirs
http://www.mercurynews.com/drought/ci_29607725/california-drought-storms-send-billions-gallons-water-into

American Wine Drinkers Cut Back on Butter
http://www.wine-searcher.com/m/2016/03/american-wine-drinkers-cut-back-on-butter

Byron Winery’s Single-Vineyard Shift
http://www.independent.com/news/2016/mar/03/byron-winerys-single-vineyard-shift/

A Toast to Women in Wine
http://www.pastemagazine.com/articles/2016/03/a-toast-to-women-in-wine.html

Monterey’s hippest tasting rooms
http://www.sfgate.com/travel/centralcoasting/article/Monterey-s-hippest-tasting-rooms-6874616.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/

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

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This Day in American History

     1451 - Amerigo Vespucci (d. 1512), Italian navigator, was born in Florence, Italy. The continents of the Americas were named after him (America is the Latin version of his name used on maps in its day.)  Italian navigator, merchant and explorer, he participated in at least two expeditions between 1499 and 1502 which took him to the coast of South America. Vespucci’s expeditions were of great importance because he believed that he had discovered a new continent, not just a new route to the Orient. Neither Vespucci nor his exploits achieved the fame of Columbus, but the New World was to be named for Amerigo Vespucci by an obscure German geographer and map maker, Martin Waldseemuller. Ironically, in his work as an outfitter of ships, Vespucci had been personally acquainted with Christopher Columbus. 
    1497 – Copernicus’ first recorded astronomical observation.
    1728 - During the course of the Anglo-Spanish War, a military force of English settlers from the South Carolina colony conducts an expedition deep into Spanish controlled Florida to destroy a Yamassee Indian village close to the Spanish settlement of St. Augustine.
    1776 – Adam Smith’s “Wealth of Nations” was published.
    1781 - The siege of Pensacola began. The Spaniard, Gov. Gen. Bernardo Galvez y Gallardo, conde de Galvez, had just completed a very successful campaign against the English in New Orleans, Natchez, and Baton Rouge. Indeed, this leader showed his brilliance from the outset of this campaign. As Galvez had his 14 ships ready to attack at Baton Rouge (1779), a great storm struck, sinking most of his ships and destroying their provisions. Undaunted, he recovered cannon from the sunken ships, built a shore battery, and attacked the fort. He succeeded where lesser leaders would have confessed failure. At Pensacola, the English general had made a weak attempt to help the troops on the Louisiana coast, but he sent so few of his own troops with such weak instructions, they were quickly dispatched. Even as the Spanish fleet massed off Santa Rosa Island, the English general did not believe they would attack. He failed to grasp the importance of Pensacola as the key to naval supremacy in the Gulf of Mexico. Galvez had a firm grasp of this key fact. When Galvez landed his troops on Santa Rosa Island, 1400 troops were landed onto Santa Rosa Island. When Galvez's ships first massed for the entrance into the harbor, a hurricane struck. Great skill in fleet handling and, pre-planning for such, he took the large number of ships out to sea for protection and then quickly back on station still ready to "run the guns" of the Royal Navy Redoubt (fort) at Red Cliffs (about 7 miles SW of Pensacola) with minimal losses. Galvez personally took command of a small ship (the brig Galveztown) and led the others under the guns by first going through alone. In doing so, he had exposed a flaw in the design of the batteries on the Red Cliffs fort. Although some 140 heavy shot had been fired from the fort, the fleet suffered little damage. The big guns could not be lowered enough to hit ships very near them. The English General had miscalculated. Galvez's ship soon fired on the small Fort Half Moon and struck the powder magazine. His men captured several English sloops, 2 small warships and a frigate, the Port Royal (the English burned the frigate Mentor to avoid its capture!). With all these ships in skirmishing actions, some have written of the naval victory at Pensacola. It was strictly a land victory with the Navy there in large numbers to protect against English reinforcements from the sea. This marks the beginning of the siege of Pensacola that will continue until 9 May.
    1793 - President George Washington watched aeronaut Jean Pierre Blanchard make the first aerial voyage in the New World.
    1798 - Dr. George Balfour became the first surgeon in the U.S. Navy.    
    1822 - Charles Graham of NY was granted the first US patent for artificial teeth.
    1824 - Amasa Leland Stanford (d. 1893), founder of Stanford University, was born in Watervliet, NY.  Migrating to California at the time of the Gold Rush, he became a successful merchant and wholesaler, and continued to build his business empire. He served one two-year term as governor of California after his election in 1861, and later, eight years as senator from the state. As president of Southern Pacific Railroad and, beginning in 1861, the Central Pacific, he had tremendous power in the region and a lasting impact on California. Many consider him a robber baron. 
    1832 - Abraham Lincoln, of New Salem, Illinois, announced he was running for political office for the first time. He campaigned for a seat in the Illinois state legislature. ‘Honest Abe' did not win, but less than thirty years later, he become President of the United States.
    1841 - The Supreme Court issued a ruling on March 9, 1841, freeing the remaining 35 survivors of the Amistad mutiny. This case involved captive Africans who had seized control of the ship carrying them and the court ruled that they had been taken into slavery illegally. Although seven of the nine justices on the court hailed from Southern states, only one dissented from Justice Joseph Story's majority opinion. Private donations ensured the Africans' safe return to Sierra Leone in January 1842.
http://memory.loc.gov/ammem/today/mar09.html
    1842 – The first documented discovery of gold in California occurred at Rancho San Francisco, six years before the California Gold Rush.
    1847 - During the Mexican-American War, U.S. forces under General Winfield Scott invade Mexico three miles south of Vera Cruz. Encountering little resistance from the Mexicans massed in the fortified city of Vera Cruz, by nightfall the last of Scott's 10,000 men came ashore without the loss of a single life. It was the largest amphibious landing in U.S. history and not surpassed until World War II. The Mexican-American War began with a dispute over the U.S. government's 1845 annexation of Texas.
    1856 – The fraternity, Sigma Alpha Epsilon was founded at the University of Alabama.
    1858 - Albert Potts of Philadelphia, PA, received a patent on his invention of a street letter box, “a mode of attaching metallic letter-boxes.” The box had center hole through which the shaft of an ordinary cast-iron lamppost was placed. Boxes were erected on August 2, 1838, in Boston and New York City.
    1861 - Confederate paper money was issued under the Confederate States Act at Mobile, Alabama, authorizing $1 million in treasury notes in denominations of $50, $100, $500 and $1,000. The $50 note feature three African-Americans slaves in a field, two of them hoeing; the $100 note, a train of cars at a depot, at the right, and Liberty standing, at the left; the $500 note, a rural scene with cattle wading in a brook, and the $1,000 note, busts of Andrew Jackson and John Caldwell Calhoun.
http://www.albany.edu/jmmh/vol3/facevalue/facevalue.html
    1862 - Two ironclad ships, the Union's Monitor and the Confederacy's Merrimac (renamed Virginia), battled at Hampton Roads, VA. The "History Channel" has a great documentary on this, and the change from wooden ship hulls to metal hulls. The Monitor was a 172-foot Union ship with a crew of 58 under the command of Lieutenant John Lorimer Worden, who was partially blinded by a shot while observing action and was superseded by Lieutenant S. Dana Greene. It had been designed by John Ericsson and had a revolving gun turret. The Merrimac was a 175 foot Confederate ship with a crew of 300 under command of Captain Franklin Buchanan, who was wounded and superseded by Lieutenant Catseby ap Roger Jones. It was a scuttled Union steam frigate that had been salvaged and armored by the Confederates and renamed the Virginia. The battle ended with the sinking of the Merrimac.
    1864 – Gen Ulysses S. Grant was appointed Commander of the Army.
    1889 - Kansas passed the first general antitrust law in U.S.
    1897 - Cleveland Spiders signed Louis Sockalexis, a full-blooded Penobscot.  Fans began calling the team Indians, leading to the name change to the Cleveland Indians which became the official name in 1915.
    1903 - Singer/pianist Georgia White was born in Sandersville, GA.
http://bluesland.net/thang/GeorgiaWhite.html
http://www.theiceberg.com/artist/25959/georgia_white.html
http://ubl.artistdirect.com/music/artist/bio/
0,,513828,00.html?artist=Georgia+White

http://www.mnsi.net/~phlegm/railroad_blues.html
   1909 - Birthday of rich, full tone tenor saxophone player Herschel Evans (d. 1939), Denton, Texas. He created the “tough Texas tenor” sound. With Count Basie from 1936-39 and quite a contrast with tenor player Lester Young.
http://www.tsha.utexas.edu/handbook/online/articles/view/EE/fev3.html
http://www.vh1.com/artists/az/evans_herschel/bio.jhtml
    1910 - The Westmoreland County coal strike began involving 15,000 miners represented by the United Mine Workers.
    1916 - In the early morning hours, several hundred Mexican guerrillas under the command of Francisco "Pancho" Villa crossed the U.S.-Mexican border and attacked the small border town of Columbus, New Mexico. Seventeen Americans were killed in the raid, and the center of town was burned. It was unclear whether Villa personally participated in the attack, but President Woodrow Wilson ordered the U.S. Army into Mexico to capture the rebel leader dead or alive.  In January 1917, having failed in their mission to capture Villa, and under continued pressure from the Mexican government, the Americans were ordered home. Villa continued his guerrilla activities in northern Mexico until Adolfo de la Huerta took power over the government and drafted a reformist constitution. Villa entered into an amicable agreement with Huerta and agreed to retire from politics. In 1920, the government pardoned Villa, but three years later he was assassinated at his ranch in Parral.
    1918 - “Hard boiled” detective writer Mickey Spillane’s (d. 2006) birthday, born Frank Morrison Spillane in Brooklyn. He followed the time line of Dashiell Hammet and Raymond Chandler. 
http://www.interlog.com/~roco/hammer.html
http://www.kirjasto.sci.fi/spillane.htm
    1926 – Joe Franklin (d. 2015) of “Memory Lane” fame, was born Joseph Fortgang in The Bronx.  He was considered to be an authority on popular culture of the first half of the 20th century, including silent films. He was called "The King of Nostalgia" and "The Wizard of Was" for focusing on old-time show-business personalities. Franklin was also a pioneer in promoting products such as Hoffman Beverages and Canada Dry Ginger Ale on the air. A&E's documentary “It's Only Talk, The Real Story of America's Talk Shows” (Actuality Productions) credits Franklin as the creator of the television talk show. Franklin was listed in the Guinness World records as the longest running continuous on-air TV talk show host, more than a decade longer than Johnny Carson’s run. 
    1931 - Cab Calloway's theme song, "Minnie the Moocher," was recorded in New York. Not until 1978 was it revealed that his single recording had ultimately sold 2.5 million copies, making it the longest million-seller "sleeper" after 47 years.    
    1933 - Singer Lloyd Price, an important figure in New Orleans rock 'n' roll, was born in the Louisiana city. He first hit the charts in 1952 with "Lawdy Miss Clawdy," a song originally designed to be used as a radio commercial. The piano player on the record was Fats Domino. After two years in the armed forces, Price resumed his recording career with "Just Because," which hit the charts in early 1957. The following year he had his only number-one hit, "Stagger Lee," which he wrote with his manager, Harold Logan. Price's other hits include "Personality" and "I'm Gonna Get Married."
http://rockhall.com/hof/inductee.asp?id=172
http://www.garycape.com/price.htm
http://www.history-of-rock.com/price.htm
    1933 – In the first of his New Deal legislation, President Franklin Roosevelt submitted the Emergency Banking Act to Congress.  FDR set out to rebuild confidence in the nation's banking system, first declaring a four-day banking holiday that shut down the banking system, including the Federal Reserve. Prepared by the Treasury staff during Hoover administration, the legislation allowed the twelve Federal Reserve banks to issue additional currency on good assets so that banks that reopened would be able to meet every legitimate call.
    1934 – Yuri Gagarin (d. 1968) was born in Klushino, Russia.  A pilot and cosmonaut, he was the first human to journey into outer space, when his spacecraft completed an orbit of the earth on 12 April 1961. 
    1935 - Birthday of Keely Smith, born Dorothy Jacqueline Keely in Norfolk, VA.  Pop vocalist, best known number "That Old’ Black Magic," a Top 20 hit in 1958.  She began her career singing with the Louis Prima band, where they became the "Queen and King" of Las Vegas, Nevada.  In 1959, Smith and Prima were awarded the first-ever Grammy for Best Performance by a Vocal Group or Chorus for "That Ol' Black Magic".
http://www.artistdirect.com/music/artist/
bio/0,,494640,00.html?artist=Keely+Smith

    1936 – Babe Ruth rejected an offer to manage the Cincinnati Reds, attempting instead to try a comeback as a player.
    1937 – Mickey Gilley was born in Ferriday, LA.  Country music singer and musician. Although he started out singing straight-up country and western material in the 1970s, he moved towards a more pop-friendly sound in the 1980s, bringing him further success on not just the country charts, but the pop charts as well. 
    1938 - Comedian Bob Hope makes his first film appearance, singing "Thanks for the Memories" in “The Big Broadcast of 1938”. He made more than 700 trips to American military bases and hospitals around the world, entertaining some 10,000 troops. These efforts earned him five special Academy Awards and the nickname "Mr. Humanitarian." President John F. Kennedy once called him "America's most prized ambassador of goodwill throughout the world," and the United States Congress made him an "honorary veteran" in 1997-an unprecedented gesture. Hope has won more than 2,000 awards and citations, including 54 honorary doctorates, an honorary knighthood, and a Presidential Medal of Freedom. In 1985, he was awarded the prestigious Kennedy Center Honors for Lifetime Achievement. His accolades earned him the title "Most Decorated and Honored Entertainer" in the Guinness Book of Records.
    1942 - Tommy Dorsey records Elman-Peterson trumpet battle “Well, Git it.”
    1943 - The temperature at Lac Frontiere, Maine fell to 40 degrees below zero. This is the coldest ever in March in New England.
    1942 – Mark Lindsay, lead singer of Paul Revere and The Raiders, was born in Eugene, OR.
    1943 – Chess champion Bobby Fischer was born in Chicago.
    1944 - Canadian blues-rock singer and harmonica player King Biscuit Boy, whose real name is Richard Newell (d. 2003), was born in Hamilton, Ontario. He released several LPs of his own in the 1970's, as well as appearing on recordings by Ronnie Hawkins, Crowbar, April Wine and the Electric Flag.
http://www.canoe.ca/JamMusicPopEncycloPagesK/king_biscuit.html
http://www.spots.ab.ca/~jam/Scans/KBB.html
http://therealthing.com/kingbiscuitboy/
    1944 - Japanese troops counter-attacked American forces on Hill 700 in Bougainville in a battle that would last five days.
    1945 - The Japanese capital of Tokyo was bombed by 343 US Air Force Super fortresses carrying all the incendiary bombs they could hold. Within the targeted areas of the city, population densities were four times greater than those of most American cities, and homes were made primarily of wood and paper. Carried by the wind, the fires leveled 16 sq. miles. More than a quarter million buildings were destroyed, including 18% of the industrial area. The death toll was 83,000; 41,000 were injured. For the balance of the war, American strategic bombing followed this pattern. The bombing of Germany was also changed to incendiary as the military learned the fire aftermath caused great more damage than regular bombs.
    1946 – Ted Williams rejected a $500,000 offer to play in the Mexican League.
    1950 – Willie Sutton robbed Manufacturers Bank of $64,000 in NYC.  When asked why he robbed banks, Sutton replied, “…because that’s where the money is”.
    1951 – Physicists Edward Teller and Stanislaw Ulam submitted a classified paper at the Los Alamos lab in which they proposed their revolutionary new design, staged implosion, for a practical megaton-range hydrogen bomb.
    1951 - HARVEY, RAYMOND, Medal of Honor
Rank and organization: Captain, U.S. Army, Company C, 17th Infantry Regiment. Place and date: Vicinity of Taemi-Dong, Korea, 9 March 1951. Entered service at: Pasadena, Calif. Born: 1 March 1920 Ford City, Pa. G.O. No.: 67, 2 August 1951. Citation: Capt. Harvey Company C, distinguished himself by conspicuous gallantry and intrepidity above and beyond the call of duty in action. When his company was pinned down by a barrage of automatic weapons fire from numerous well-entrenched emplacements, imperiling accomplishment of its mission, Capt. Harvey braved a hail of fire and exploding grenades to advance to the first enemy machine gun nest, killing its crew with grenades. Rushing to the edge of the next emplacement, he killed its crew with carbine fire. He then moved the 1st Platoon forward until it was again halted by a curtain of automatic fire from well-fortified hostile positions. Disregarding the hail of fire, he personally charged and neutralized a third emplacement. Miraculously escaping death from intense crossfire, Capt. Harvey continued to lead the assault. Spotting an enemy pillbox well camouflaged by logs, he moved close enough to sweep the emplacement with carbine fire and throw grenades through the openings, annihilating its 5 occupants. Though wounded he then turned to order the company forward, and, suffering agonizing pain, he continued to direct the reduction of the remaining hostile positions, refusing evacuation until assured that the mission would be accomplished. Capt. Harvey's valorous and intrepid actions served as an inspiration to his company, reflecting the utmost glory upon himself and upholding the heroic traditions of the military service. 
    1954 – “See It Now” producer and star Edward R. Murrow delivered a broadcast that has been referred to as television's finest hour. “See It Now” focused on a number of controversial issues in the 1950s, but it is best remembered as the show that criticized the Communist Scare and contributed to the political downfall of Senator Joseph McCarthy. By using mostly recordings of McCarthy himself in action, interrogating witnesses and making speeches, Murrow and co-producer Fred Friendly displayed what they felt was the key danger to the democracy: not suspected Communists, but McCarthy's actions themselves. As Murrow said in his summation:  "No one familiar with the history of this country can deny that Congressional committees are useful; it is necessary to investigate before legislating. But the line between investigating and persecuting is a very fine one, and the junior senator from Wisconsin has stepped over it repeatedly. His primary achievement has been in confusing the public mind as between the internal and the external threats of communism. We must not confuse dissent with disloyalty; we must remember always that accusation is not proof, and that conviction depends upon evidence and due process of the law." The broadcast provoked tens of thousands of letters, telegrams and phone calls to CBS headquarters, running 15 to 1 in favor of Murrow. Friendly later recalled how truck drivers pulled up alongside Murrow and shouted, "Good show, Ed." The show's probe of the McCarthy-led anti-Communist era is the focus of the 2005 film “Good Night and Good Luck”.
    1954 – The first television commercial in color was broadcast on NBC-TV in NY…for Castro Convertibles…sofas, not cars!
    1956 - Top Hits
“Lisbon Antigua” - Nelson Riddle
“Why Do Fools Fall in Love” - Frankie Lymon & The Teenagers
“Hot Diggity (Dog Ziggity Boom)” - Perry Como
“I Don't Believe You've Met My Baby” - The Lovin' Brothers
    1956 - A whopping 367 inches of snow was measured on the ground at the Rainier Park Ranger station in Washington. The snow depth was a state record and the second highest total of record for the US
    1957 - Fats Domino had the number 1 record on the Billboard R&B singles chart with "I'm Walkin'", which had just replaced his own, "Blue Monday". Domino would keep the Top 40 hits coming for the next 5 years before fading to the younger rock ‘n’ rollers. 
    1958 - Cannonball Adderly, with Miles Davis, cuts “Somethin' Else” album (BN 1595).
    1959 - Barbie Debuts. The popular girls' doll debuted in stores. More than 800 million dolls have been sold.
    1959 - Jack Paar was on the cover of "LIFE" magazine. The article on him said he was accused of “keeping the U.S. up nights.” He had a late night television show on NBC with show regulars, Dody Goodman, Alexander King, Cliff Arquette, announcer Hugh Downs and bandleader Jose Melis.
http://www.life.com/Life/covers/1959/cv030959.html
    1960 - A winter storm produced a narrow band of heavy snow from north central Kentucky into Virginia and the mountains of North Carolina. Snowfall totals ranged from 12 to 24 inches with drifts up to 11 feet high in western Virginia
    1961 - Clifton Reginald Wharton was sworn in as ambassador to Norway. He was the first African-American to enter the Foreign Service and the first African-American diplomat to head a United States delegation to a European country.
    1961 - "I Want a Guy," the first Supremes' single under that name, was released. The Supremes had previously recorded as the Primettes.
    1961 - The Beatles make their first of over 300 appearances at Liverpool's Cavern Club. The group had played the venue in the past as The Quarry Men.
    1964 - Capitol Records releases a song called "Letter to the Beatles" by The Four Preps. The lyrics describe a boy lamenting the fact that he's lost his girlfriend to The Fab Four. On its first day, the record shot to #85 on the Billboard Hot 100 and it looked like The Preps were going to have another hit on their hands. Unfortunately they had included a few bars from "I Want to Hold Your Hand" without permission and Capitol was forced to withdraw the single to avoid a lawsuit. These days you can still find the song on YouTube.  
    1964 - Top Hits
“I Want to Hold Your Hand” - The Beatles
“She Loves You” - The Beatles
“Please Please Me” - The Beatles
“Saginaw, Michigan” - Lefty Frizzell
    1964 - Five Sioux led by Richard McKenzie took over Alcatraz Island in San Francisco Bay. They demanded the establishment of a cultural center and university on the island. The occupation lasted four hours. On November 20, 1969, these demands were raised again by Richard Oakes and a group of about 100 Native Americans, mostly college students, who began an organized occupation of Alcatraz that lasted 19 months. Alcatraz today is a national monument, quite a tourist attraction, too.
    1965 - Three white Unitarian ministers, including the Rev. James J. Reeb, were attacked with clubs on the streets of Selma, Alabama, while participating in a civil rights demonstration. Reeb later died in a Birmingham, Alabama hospital.
http://www.uua.org/news/reeb/nyt030800.html
http://www.uua.org/news/2002/selma/inscriptions.html
    1965 – “The Boz”, Brian Bosworth was born in Oklahoma City.  Still regarded as one the NFL’s biggest busts, you can see him get run over by the Raiders’ Bo Jackson as few have ever been.  A two-time All-American LB from Oklahoma prior to his entry into the NFL supplemental draft, Bosworth had sent letters to various NFL teams stating that, if they drafted him, he wouldn't report to their training camp and he wouldn't play for them.  One of those teams, the Seattle Seahawks drafted him in the 22d round and he lasted all of three years in the NFL.
    1966 - Andrew Brimmer became the first African-American Governor of Federal Reserve Board.
http://www.umass.edu/economics/Staff/brimmer.html
http://www.horatioalger.com/members/member_info.cfm?memberid=bri74
    1968 - Grammy Awards are presented to The Fifth Dimension for "Up, Up and Away" - Record of the Year and Best Performance by a Vocal Group. The Beatles' "Sgt. Pepper's Lonely Hearts Club Band" is named Album of the Year, Best Contemporary Album, Best Engineered Record and Best Album Cover, Graphic Arts.
    1969 - JACOBS, JACK H., Medal of Honor
Rank and organization: Captain, U.S. Army, U.S. Army Element, U.S. Military Assistance Command, Republic of Vietnam. Place and date: Kien Phong Province, Republic of Vietnam, 9 March 1968. Entered service at: Trenton, N.J. Born: 2 August 1945, Brooklyn, N.Y. Citation: For conspicuous gallantry and intrepidity in action at the risk of his life above and beyond the call of duty. Capt. Jacobs (then 1st Lt.), Infantry, distinguished himself while serving as assistant battalion advisor, 2d Battalion, 16th Infantry, 9th Infantry Division, Army of the Republic of Vietnam. The 2d Battalion was advancing to contact when it came under intense heavy machine gun and mortar fire from a Viet Cong battalion positioned in well-fortified bunkers. As the 2d Battalion deployed into attack formation its advance was halted by devastating fire. Capt. Jacobs, with the command element of the lead company, called for and directed air strikes on the enemy positions to facilitate a renewed attack. Due to the intensity of the enemy fire and heavy casualties to the command group, including the company commander, the attack stopped and the friendly troops became disorganized. Although wounded by mortar fragments, Capt. Jacobs assumed command of the allied company, ordered a withdrawal from the exposed position and established a defensive perimeter. Despite profuse bleeding from head wounds which impaired his vision, Capt. Jacobs, with complete disregard for his safety, returned under intense fire to evacuate a seriously wounded advisor to the safety of a wooded area where he administered lifesaving first aid. He then returned through heavy automatic weapons fire to evacuate the wounded company commander. Capt. Jacobs made repeated trips across the fire-swept open rice paddies evacuating wounded and their weapons. On 3 separate occasions, Capt. Jacobs contacted and drove off Viet Cong squads who were searching for allied wounded and weapons, single-handedly killing 3 and wounding several others. His gallant actions and extraordinary heroism saved the lives of 1 U.S. advisor and 13 allied soldiers. Through his effort the allied company was restored to an effective fighting unit and prevented defeat of the friendly forces by a strong and determined enemy. Capt. Jacobs, by his gallantry and bravery in action in the highest traditions of the military service, has reflected great credit upon himself, his unit, and the U.S. Army.
    1969 - The Smothers Brothers television show was cancelled by CBS after the brothers refused to censor a comment made by Joan Baez on one of her songs. She wanted to dedicate the song to her husband, David, who was just about to go to jail for objecting to the draft. An edited version of the show was broadcast later in the month.
    1970 - Having recently changed their name from Earth to Black Sabbath, Ozzy Osbourne, Tony Iommi, Geezer Butler and Bill Ward make their concert debut at The Roundhouse in the North London district of Camden Town.
    1972 - In what will become a trend, pop artists unite to perform for a presidential candidate: Carole King, James Taylor and Barbara Streisand among others, play a benefit show for Democratic presidential hopeful George McGovern at the Forum in Los Angeles
    1972 - Top Hits
“Without You” - Nilsson
“Hurting Each Other” - Carpenters
“Down by the Lazy River” - The Osmonds
“Bedtime Story” - Tammy Wynette
    1973 – Birthday in LaMesa, CA of Aaron Boone, former MLB 3B infamously known to Red Sox fans with Yankees Joe DiMaggio and Bucky Dent.  Boone was involved in two incidents of Yankees lore:  he hit a walk-off home run in the 11th inning, off Red Sox knuckleballer Tim Wakefield, during Game 7 of the 2003 ALCS which gave the New York Yankees a 6–5 victory.  On February 27, 2004, Boone was cut from the Yankee roster after tearing a knee ligament during a pick-up basketball game, played in violation of his contract with the Yankees.  This led the Yanks to acquire Alex Rodriguez from the Texas Rangers in a trade.  Boone is the son of C Bob Boone, brother of 2B Brett Boone and grandson of former AL batting champ Ray Boone.  He is currently an ESPN analyst.
    1974 - Terry Jacks was starting the second week of a three-week stay at the top of the pop charts with "Seasons in the Sun". Other musical newcomers: Jefferson Starship, Billy Joel, Kiss, Olivia Newton-John, Kool & the Gang and The Steve Miller Band.
    1974 – The last Japanese soldier, a guerrilla operating in Philippines, surrendered, 29 years after World War II ended.
    1976 - Queen's breakthrough album, "A Night at the Opera," is certified Gold.
    1977 - The Jacksons TV show aired for the final time on CBS-TV, finishing dead last in the ratings. 
    1977 - Fleetwood Mac's "Rumours" becomes their second album to go platinum since the addition of Stevie Nicks and Lindsey Buckingham
    1977 - In a thirty-nine-hour standoff, armed Hanafi Muslims seized three Washington, DC, buildings, killing two and taking 149 hostage.
    1979 - ABC-TV shows the rock documentary, "Heroes of Rock & Roll," narrated by Jeff Bridges and featuring clips of Buddy Holly, Chuck Berry, Elvis Presley, the Beatles, Rolling Stones, Bob Dylan, Elvis Costello and others.
    1980 - Top Hits
“Crazy Little Thing Called Love” - Queen
“Longer” - Dan Fogelberg
“Desire” - Andy Gibb
“My Heroes Have Always Been Cowboys” - Willie Nelson
    1985 - "Gone With The Wind", the most requested movie in history, went on sale at video stores across the United States for the first time. The tape cost $89.95. The film, starring Clark Gable and Vivien Leigh, cost $4.5 million to make, but has earned over $400 million, making it one of the biggest money-making films in history.
    1985 - REO Speedwagon returned to Billboard's top spot with "Can't Fight This Feeling". 
    1987 - Gale force winds ushered arctic air into the north central U.S. Some places were 50 degrees colder than the previous day. Northeast winds, gusting to 60 mph, produced 8 to 15 foot waves on Lake Michigan causing more than a million dollars damage along the southeastern shoreline of Wisconsin.
    1987 - U2's "The Joshua Tree," which sold nearly six million copies in the US alone, was released. The compact disc version of the album became the first CD to sell one-million copies in the US. It contained U2 classics like "I Still Haven't Found What I'm Looking For," "With or Without You" and "Where the Streets Have No Name."
    1988 - Top Hits
“Father Figure” - George Michael
“Never Gonna Give You Up” - Rick Astley
“I Get Weak” - Belinda Carlisle
“Face to Face” – Alabama
    1989 - Twenty-two cities in the southwestern U.S. reported new record high temperatures for the date. In New Mexico, afternoon highs of 72 at Los Alamos, 76 at Ruidoso, and 79 at Quemado, were records for March.
    1989 – Eastern Airlines filed for bankruptcy protection.
    1992 - The first 9 days of March in Cincinnati, Ohio were very warm. The temperature averaged 58.7 degrees -- or 21.0 degrees above normal!! Within this 9 day stretch, high temperatures were 70 degrees or above on 5 consecutive days. Never before had this occurred so early in the season.
    1994 - Top Hits
“The Sign”- Ace Of Base
“The Power Of Love”- Celine Dion
“Whatta Man” - Salt-N-Pepa Featuring En Vogue
“Without You/Never Forget You” - Mariah Carey
    1995 - With a vote of 28-0, the major league owners admit two new teams, the Arizona Diamondbacks and Tampa Bay Devil Rays. The teams were added to the National and American leagues, respectively.
    1996 - "One Fine Day" by Mariah Carey and Boys II Men topped the Billboard Hot 100 singles chart for the 15th week, a record for the rock era. The old record of 14 weeks was shared by Whitney Houston's 1992 hit "I Will Always Love You" and Boys II Men's 1994 smash "I'll Make Love to You."
    1998 - In San Francisco, the bicycle bandits, Edwin James Rowan III (39) and Raymond V. Lopez (46) were arrested after robbing the California Federal Savings Bank on the 4000 block of Geary. They were suspected of robbing 12 North Bay banks and using bikes as get-away vehicles.
    2007 - The US Justice Department released an internal audit that found that the FBI had acted illegally in its use of the USA Patriot Act to secretly obtain personal information about US citizens.
    2012 - Senior members of hacking group Lulz Sec are arrested, including one member of the FBI, in the United States, United Kingdom and Ireland.
    2013 - NASA's Mars Reconnaissance Orbiter (MRO) spacecraft transmits images that for the very first time, allow scientists to create a 3D reconstruction of ancient water channels below the surface of Mars.
    2014 – Barbie turned 55.


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