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Monday, March 6, 2023


Today's Leasing News Headlines

New Hires/Promotions in the Leasing Business
    and Related Industries
Leasing and Finance Industry Help Wanted
    Your Future Starts Now.  We're Hiring!
Introducing Sloan Schickler
    Leasing News Advisor
CLFP Foundation Adds 12 New CLFPs w/Photos
    More on the Academy Follows
CLFP Exam
    Average Completion Times
Academy for Certified Lease & Finance Professionals
    March, 2023 to June, 2023 Updated
Top Ten Leasing News Read by Readers
    February 27 to March 23
Black Labrador Retriever and Bull Terrier Mix
    Aurora, Nebraska  Adopt-a-Dog
AACFB Exhibit Hall Filling Up
  for Annual Conference
    May 2-4, 2023 - List of Exhibitors to Date
News Briefs ---
Could California become the first state to
    require Tesla charging stations to open to all EVs?
Amazon to shutter all Amazon Go stores
    in San Francisco. closing New York and Seattle, too
Opinion: To revitalize downtowns, cities need
    to stop making this big mistake
What Is a CEO’s Pay Actually Worth?
    
Companies must tell how much stock awards
Robbie Gould to leave 49ers
in free agency, according to report

You May Have Missed
Who Should Work at Home.
  What’s your workplace personality?

Broker/Funder/Industry Lists | Features (wrilter's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months
Sales Make It Happen

 This Day in History
  SuDoku
   Daily Puzzle
    GasBuddy
     Weather, USA or specific area
      Traffic Live----
       Wordle

######## surrounding the article denotes it is a “press release,” it was not written by Leasing News nor has the information been verified. The source noted. When an article is signed by the writer, it is considered a “byline.” It reflects the opinion and research of the writer.

[headlines]
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New Hires/Promotions in the Leasing Business
and Related Industries


Michael Briz was hired as Strategic Senior Financial Manager, Palo Alto Networks, Reno, Nevada. He is located in the San Francisco Bay Area. Previously, he was Manager, Cloud Strategy Pursuits (January, 2020 – March, 2023. Full Bio:
https://www.linkedin.com/in/michaelbriz/details/experience/o:
https://www.linkedin.com/in/michaelbriz/


Howard Golden was hired as Senior Talent Acquisition Specialist, Columbia Bank, New Jersey.  He is located in New York, New York. Previously, he was Senior Recruiter, ZRG Partners, LLC (April, 2022); Vice President Recruiting for Ascentium Capital, Subsidiary of Regions Bank (April, 2020 – March, 2022); Bice President of Recruiting, Ascentium Capital (February, 2017 – April, 2020; Senior Director, KLM Bryant Research (January, 2015 – February, 2017); Vice President, Recruiter, Rainmaker Associates (November, 2009 – May, 2014); Senior consultant, ZRG Partners (May, 2008   - August, 2009); Executive Recruiter, The Madison Davis Group
(April, 1995 – May, 2008).
https://www.linkedin.com/in/howardgolden/


Sean Kilfoyle, CLFP, was hired as Vice President, Capital Markets, Encina Equipment Finance, Denver, Colorado. He began his career at Key Bank Commercial. Full  Bio:
https://www.linkedin.com/in/sean-kilfoyle-clfp-42699648/details/experience/
https://www.linkedin.com/in/sean-kilfoyle-clfp-42699648/


Mike McLachlan was promoted to Senior Vice President, Regional Sales Leader Equipment Finance, PNC, Troy Michigan. He is located in Western Michigan. He joined PNC May, 2020 as Senior Vice President, PNC Equipment Finance. Previously, he was Senior Vice President, Bank of America, March, 1999 – March, 2020.
https://www.linkedin.com/in/michaelmclachlan1/

German Ruiz was hired as Director of Business Development, Madison Capital, LLC. He is located in Orange County, California. He joined Balboa Capital April, 2018 as Account Executive, promoted August, 2018 Account Executive  August, 2018, promoted Account  Manager, Aril, 2019, Sales Manager (February, 2020 – March, 2023); Operations Manager, Better Life Organics (2012 – May, 2017).
https://www.linkedin.com/in/german-ruiz-506a31149/


Brian Rhodes was promoted as Account Executive, Insight Financial Services, Costa Mesa, California. He joined Paychex September, 2003, as Inside Sales Representative, promoted September, 2009, Insurance Sales Consultant, leaving May, 2017. 
https://www.linkedin.com/in/brian-rhodes-a6833b12a/details/experience/



[headlines
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Leasing and Finance Industry Help Wanted



[headlines]
--------------------------------------------------------------

Sloan Schickler
Leasing News Advisor

Sloan Schickler, Esq.
Schickler & Schickler PLLC
One Rockefeller Plaza, FL11
New York, NY 10020
Direct Dial: 212-262-5297
sloan.schickler@schicklerlaw.com
https://schicklerlaw.com

Sloan Schickler has contributed articles to Leasing News for several years. She was appointed to serve on the Leasing News advisory board in February of 2023.

Sloan is a highly experienced commercial attorney. Her firm and its predecessors have been a leader in the financial services area of vehicle and equipment finance for decades. Sloan’s practice includes secured lending, commercial and consumer leasing, retail installment sales and dealer floor plan finance, regulatory licensing and compliance, syndicated revolving credit facilities, asset securitization, corporate structuring and governance, and real estate finance. Clients have included major commercial banks, captive finance companies, financial institutions, investment banks, leasing companies, auto manufacturers, auto dealerships, real estate investors, hedge funds, and public and closely held corporations.

Over the years, Sloan has served as outside general counsel to auto finance companies; advocated for her clients before the New York legislature; designed documentation and compliance procedures for financing recourse loans collateralized by vehicles leases and loans; documented and conducted numerous sales and financings of vehicle lease and loan portfolios including at foreclosure; and served as special counsel in bankruptcy, work out and loan modification matters.

Sloan is currently the Legal and Legislative Counsel for the National Vehicle Leasing Association (NVLA) and a director on its Board. She is the founder of the NVLA’s women’s initiative that launched with a women’s roundtable session at the 2022 annual conference.

A loyal alumna of Vanderbilt University Law School, Sloan has served as Class Agent for her class for decades.  She also acted as an alumna interviewer for the school. Sloan has also served on the board of directors of a not-for-profit organization that developed a residential model for autistic individuals.

Her career began at Holland & Knight (Haight Gardner Poor & Havens) as a commercial litigation associate. Sloan is currently a partner of Schickler & Schickler PLLC. Her bar admissions are the State of New York, Southern and Eastern Districts of New York, the U.S. Tax Court and the U.S. Supreme Court.

Sloan is also the proud mother of two daughters who have attended Vanderbilt University as undergraduates. She resides with her husband, a physician specializing in infectious diseases and her Maltipoo dog, Lulu.


[headlines]
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CLFP Foundation Adds 12 New CLFPs w/Photos
More on the Academy Follows

The Certified Lease & Finance Professional (CLFP) Foundation is pleased to announce that 12 individuals, who recently sat through the 8-hour online proctored CLFP exam, have passed. 
Huntington National Bank hosted two Academies last year, including the highest attended class ever at 39 students. Brandon Wilson, who attended the fall ALFP said, “I was looking for a way to advance my career in the Equipment Finance industry and set myself apart. I also wanted to learn more about equipment finance and the CLFP course provided an amazing overview of the entire process.”
The Certified Lease & Finance Professional (CLFP) Foundation is pleased to announce that 12 individuals, who recently sat through the 8-hour online proctored CLFP exam, have passed. They are:


Noah Barnard, CLFP

Assistant Vice President, Project Manager,
First American Equipment Finance


Joseph Dahm, CLFP
Vice President, Equipment Finance,
Cadence Bank


Thomas Harter, CLFP,

Vice President, Project Manager,
First American Equipment Finance


Alicia Lester, CLFP Associate

Finance Manager,
Ascentium Capital LLC


Sarah Moreau, CLFP Associate

Assistant Vice President, Marketing,
First American Equipment Finance


Mackenzie Mynter, CLFP

Assistant Vice President, Project Manager,
First American Equipment Finance


Vi Nguyen, CLFP

Supervisor,
ECS Financial Services, Inc.


Michael Schober, CLFP Associate
Vice President . Sales,
Ascentium Capital LLC


Paul Smith, CLFP

Executive Business Development Manager,
Smith & Nephew Inc.


Cristina Triassi, CLFP
Assistant Vice President, Project Manager
First American Equipment Finance


Griffin Walpert, CLFP Associate

Assistant Vice President, Project Manager,
First American Equipment Finance


Brandon Wilson, CLFP

Asset Manager,
The Huntington National Bank

Mr. Schober attended the Ascentium ALFP in January and shared, “I’m fortunate to work for a company that places a strong emphasis on Education and Development; earning the CLFP designation helps demonstrate my commitment to Ascentium, our customers, and the equipment finance industry.”

Huntington National Bank hosted two Academies last year, including the highest attended class ever at 39 students. Brandon Wilson, who attended the fall ALFP said, “I was looking for a way to advance my career in the Equipment Finance industry and set myself apart. I also wanted to learn more about equipment finance and the CLFP course provided an amazing overview of the entire process.”

The CLFP designation identifies an individual as a knowledgeable professional to employers, clients, customers, and peers in the commercial equipment finance industry. There are Certified Lease & Finance Professionals and Associates located throughout the United States (including Puerto Rico), Canada, India, Africa, and Australia. For more information, visit http://www.CLFPFoundation.org

[headlines]
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The Academy for Lease and Finance Professionals (ALFP) is a three-day event designed to fully prepare an individual to sit for the CLFP exam assuming the attendee has already self-studied. A trend has begun in having virtual online sessions.

During the first two days, all of the required sections of the CLFP exam are covered in-depth. On the third day, the exam is offered but is not mandatory and may be taken on another day.

Students are strongly advised to have read and studied The Certified Lease & Finance Professionals' Handbook prior to attending the class in order to ensure success.


Reid Raykovich, CLFP, Chief Executive Officer, said, "We know that the sound of an 8-hour exam seems intimidating, so we wanted to ease the minds of our CLFP Candidates preparing to test. While we require the CLFP Exam to be completed in an 8-hour time frame, most participants will finish the exam under that time limit. Take a look at the average completion times in each section of the Exam.

“We strongly encourage CLFP Candidates to block off 8 hours on their calendars for exam day, and to continue using our resources to help prepare:”

CLFP toolbox https://lnkd.in/gt2yafb4

[headlines]
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Academy for Certified Lease & Finance Professionals
 March, 2023 to June, 2023 Updated

The Academy for Lease and Finance Professionals (ALFP) is a three-day event designed to fully prepare an individual to sit for the CLFP exam assuming the attendee has already self-studied. A trend has begun in having virtual online sessions.

During the first two days, all of the required sections of the CLFP exam are covered in-depth. On the third day, the exam is offered but is not mandatory and may be taken on another day.

Students are strongly advised to have read and studied The Certified Lease & Finance Professionals' Handbook prior to attending the class in order to ensure success. 

Public, In Person, Channel ALFP
March 5 - 7

Public, Virtual, ALFP, FinPac
March 13 – March 15

Private, Clark University (for CAU students)
March 30 – April 1

Pathward Private Virtual ALFPA
April 11 – April 12

DLL Private, Virtual ALFP (Spring)
April 18 – April 19

Taycor Private in Person AALFP
April 24 - April 25

Private, DLL, Virtual ALFP
May 17 – 19

Public, USBEF, Virtual ALFP
May 16 – May 18

First Citizens Bank Equipment Finance Private,
Virtual ALFP
May 24 – May 26

AP/TCUSA Private, Virtual ALFP
Jun 7 – 9, 2023

Professional Handbook for Taking the Test in 2023
https://www.amazon.com/dp/B09TZM6SJ9?ref_=pe_3052080_397514860

About Academy
https://clfpfoundation.org/academy-for-lease-and-finance-professionals

[headlines]
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Top Ten Leasing News Read by Readers
February 27 to March 23

 (1) Proposed Regulations Will Expand
    Calif. Consumer Financial Protection Law
By Marshall Goldberg, Esq.
https://leasingnews.org/archives/Mar2023/03_01.htm#proposed

(This was one of the best written on a very important subject.  This proposal would give the DFPI the power to enforce fraud claims against non-licensed entities, including MCA and other commercial transactions. Editor)

(2) New Hires/Promotions in the Leasing Business
and Related Industries
https://leasingnews.org/archives/Feb2023/02_27.htm#hires

(3) New Hires/Promotions in the Leasing Business
and Related Industries
https://leasingnews.org/archives/Mar2023/03_03.htm#hires

(4) New Hires/Promotions in the Leasing Business
and Related Industries
https://leasingnews.org/archives/Mar2023/03_01.htm#hires

(5) C.H. Brown Updates Listing Funders "A"
& Funders Looking for Broker Business
https://leasingnews.org/archives/Feb2023/02_27.htm#chb

(6) Funders Forum Brokers Expo
March 8 - March 10 Hollywood, Florida
https://leasingnews.org/archives/Mar2023/03_03.htm#expo

(7) Leasing News Advisory Board Chair
Shari L. Lipski, CLFP
https://leasingnews.org/archives/Mar2023/03_03.htm#advisor

(8) Leasing News Vice Chair
Paul Menzel, CLFP
https://leasingnews.org/archives/Feb2023/02_27.htm#advisor

(9) Mike Bruman Promoted to CEO
of Navitas Credit Corp.
https://leasingnews.org/archives/Mar2023/0

(10) Financing Cannabis Funding Sources
Many Work with Third Party Originators
https://leasingnews.org/archives/Mar2023/03_03.htm#cannabis

[headlines]
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Black Labrador Retriever and Bull Terrier Mix
Aurora, Nebraska  Adopt-a-Dog


Ebony

Female
Black/White/Cream
Large
Friendly, affectionate, playful
House-Trained
Vaccinations up to date, spayed
Good in a Home with Children
Prefers a home with other Dogs
Adoption Fee: $125.

Ebony is a gem of a dog with that easy going lab personality. She looks to her caretakers for direction and in return she shares all her love. She gets along well with all the other dogs at the shelter and would make a great companion. Adoption fee $125. More pictures and information on Petfinder.com. (zip 68818)

Contact and Location Information
PO Box 44
Aurora, NE 68818
402-694-APET (2738)
aaapet2738@gmail.com
http://www.auroraadoptapet.org/adoption-application

[headlines]
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[headlines]
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News Briefs---



Could California become the first state to
    require Tesla charging stations to open to all EVs?
https://www.sfchronicle.com/politics/article/california-tesla-chargers-bill-17811208.php

Amazon to shutter all Amazon Go stores
    in San Francisco. closing New York and Seattle, too
https://www.sfgate.com/bayarea/article/amazon-go-stores-closing-in-sf-17818995.php

Opinion: To revitalize downtowns, cities need
    to stop making this big mistake
https://www.washingtonpost.com/opinions/2023/03/04/downtowns-cities-convert-offices-residential/

What Is a CEO’s Pay Actually Worth?
    
Companies for first time must tell how much stock awards soar or shrink
https://www.wsj.com/articles/what-is-a-ceos-pay-actually-worth-37c0d493?st=m19utmzbpibag75&reflink=desktopwebshare_permalink

Robbie Gould to leave 49ers
    in free agency, according to report
https://www.sfgate.com/49ers/article/robbie-gould-leaving-san-francisco-49ers-17820041.php?IPID=SFGate-HP-Editors-Picks


[headlines]
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You May Have Missed---

Who Should Work at Home.
  What’s your workplace personality?
 https://www.nytimes.com/2023/03/05/briefing/personality-quiz.html

[headlines]
----------------------------------------------------------------

This Day in American History

     1521 - Magellan discovered Guam, today a protectorate of the United States.
https://www.cia.gov/library/publications/the-world-factbook/geos/gq.html
    1775 – The first African-American Mason was initiated in Boston.  Having been rejected by colonial American Freemasonry, Prince Hall and 14 others sought and were initiated into Masonry through Lodge No. 441 of the Grand Lodge of Ireland.
    1779 - The US Congress declared that only the federal government, not individual states, had the power to determine the legality of captures on the high seas. This was the basis for the first test case of the US Constitution in 1808.
    1791 - American painter of miniatures and a member of the famous Peale family of artists, Anna Claypoole Peal (d. 1878) was born at Philadelphia, PA.
http://www.picturehistory.com/find/p/13976/mcms.html
    1806 – Elizabeth Barrett Browning (d. 1861), was born near Durham, England.  Poet and author, “Sonnets from the Portuguese,” she was also the wife of poet Robert Browning.
    1808 - The first college orchestra was established at Harvard.
    1810 – Illinois passed the first state legislation dealing with vaccinations.
    1820 - The Missouri Compromise, enacted by Congress, was signed by President James Monroe. This compromise provided for the admission of Missouri into the Union as a slave state but prohibited slavery in the rest of the northern Louisiana Purchase territory. The compromise was invalidated in the Dred Scott vs. Sandford case (below 1857).
    1822 - USS Enterprise captures four pirate ships in Gulf of Mexico.
    1831 – Edgar Allen Poe was removed from the US Military Academy.
    1834 - Delmonico's, one of NY's finest restaurants, provides a meal of soup, steak, coffee & half a pie for 12 cents. The restaurant is considered the oldest in New York. Some of its “firsts:”
 The first diner called by the French name restaurant
 The first diner where guests sat at their own tables
 The first printed menu
 The first tablecloths
 The first debutante ball outside a private home
 The first restaurant to offer a leisurely lunch and dinner
 Oysters Rockefeller
 Lobster Newberg, first called Lobster Wenberg
 Baked Alaska
 Eggs Benedict
 Delmonico potatoes
 Delmonico steak
 Hamburger (known then as the Hamburg Steak)
First use of the expression that something is "86'd", since the Delmonico Steak was item 86 on the menu and, when sold out, it was “86'd."
http://www.nextmagazine.net/restaurants/delmonicos.shtml
http://www.cbbqa.com
    1836 - Four days after Texas declared itself an independent republic, the Alamo, a fortified mission at San Antonio, Texas, where fewer than 200 Texans were garrisoned, was captured by the Mexican leader Gen. Antonio Lopez de Santa Anna, who had led 3000 troops across the Rio Grande. Every Texan except a mother, a child, and servant was killed, including Jim Bowie, Col. Travis, and Davy Crockett. The siege began Feb 23 and reached its climax Mar 6, when the last of the defenders was slain. Texans, under General Sam Houston, rallied with the war cry "Remember the Alamo" and, at the Battle of San Jacinto, Apr 21, defeated and captured Santa Anna, who signed a treaty recognizing Texas's independence.
http://memory.loc.gov/ammem/today/mar06.html
    1857 - Dred Scott decision (Dred Scott v. Sandford) was delivered by the US Supreme Court.  This was a major setback for anti-slavery forces and further aggravated the growing ill feeling between North and South. Dred Scott was a slave whose owner had taken him and his family from Missouri to Illinois, a free state in 1834. Scott later returned to Missouri and, in 1846, sued for his liberty on the grounds that his stay in free territory ended his slavery. The Court ruled, however, that Scott could not sue because slaves were not citizens. Going beyond the specific case, the Court also said that Congress had no power to prohibit slavery in territories and therefore, the Missouri Compromise of 1820, already repealed by the Kansas-Nebraska Act, was unconstitutional.
    1861 – The Provisionary Confederate Congress established the Confederate Army
    1862 - The Battle of Pea Ridge, Ark., was fought. A Confederate army of 16,000 under General Earl Van Dorn attacked a Union army of 10,500 under Brig. General Samuel Ryan Curtis, whose last reserves prevented a Union disaster on the second day. Among the heavy losses on both sides were two Confederate generals, Benjamin McCulloch and James McQueen McIntosh.
    1864 - There was an average of 7,333 desertions a month from the Union army. Many desertions were the result of bounty jumpers - men who would collect bounty to enlist, then desert and do it again elsewhere. The US government spent $300 million dollars on bounties while state and local governments spent about the same.
http://www.tnstate.edu/library/digital/document.htm
    1872 - A cold wave hit the East coast sending the mercury plunging to 8 degrees below zero at Boston. It was the most severe March cold wave in modern history.
    1885 - Birthday of humorist and sportswriter Ring Lardner, Sr., born Ringgold Wilmer Lardner (d. 1933) in Niles, Michigan. Lardner wrote about sports for a variety of newspaper, mostly in Chicago. In both his columns and his short stories, he reproduced ballplayers' vernacular speech patterns with great success, thereby laying the groundwork for generations of baseball fiction to come. Lardner abandoned baseball after the Black Sox scandal was exposed. He wrote songs, plays and magazine articles but never the novel that some of his friends though he should. Taciturn and solemn with a biting sense of humor, Lardner drank and smoked to excess, even after contracting tuberculosis in 1926. Posthumously given the J.G. Taylor Spink Award in 1963 for his baseball writing.
    1886 – The first plant to generate alternating current in the US was launched at Great Barrington, MA.
    1892 - The first women's collegiate basketball game was played at Smith College in Northampton, MA. Senda Bereson, then Smith‘s director of physical education and “mother of women's basketball,” supervised the game, in which Smith's sophomore team beat the freshman team, 5-4.
    1892 - Clark Daniel Shaughnessy (d. 1970), football player and coach born at St. Cloud, MN. After playing football at the University of Minnesota, Shaughnessy strung together a coaching career of several institutions: Tulane, Loyola of the South, Chicago, Stanford, Maryland and Pittsburgh. He coached the Los Angeles Rams and assisted George Halas with the Chicago Bears. Shaughnessy is known as the father of the modern T formation and played a key role in developing modern pro defensive football.
    1900 – Lefty Grove was born Robert Moses Groves (d. 1975), Lonaconing, MD.  Regarded by many as the greatest left-handed pitcher of all time, rivaled for the honor only by Warren Spahn and Sandy Koufax, he won over two-thirds of his lifetime decisions and was a perennial league leader in ERA.  A six-time All-Star, 1931 MVP, 7-time strikeouts leader, he was with the World Series champion Philadelphia Athletics of 1929 and 1930 and won exactly 300 games in his career.  Baseball Hall of Fame, 1947.
    1905 - Father of Western Swing, Bob Willis (d. 1975), born in Kosse, TX. Originally a performer (fiddler) with the Light Crust Doughboys, Willis later former the popular Texas Playboys. Bob Willis and the Texas Playboys appeared on film and at the grand Ole Opry made western swing popular with such hits as “San Antonio Rose.”   
    1906 – Comedian Lou Costello (d. 1959) was born in Paterson, NJ.  The legendary duo of Abbott and Costello started in vaudeville in 1936 then moved to radio and television.  They also made several successful films, including “Buck Privates” and “Abbott and Costello Meet Frankenstein.”  Their legendary skit, “Who’s on First,” greets visitors to the Baseball Hall of Fame in Cooperstown and is one of the best remembered skits in history.
    1912 - Oreo sandwich cookies were first introduced by the National Biscuit Co., which later became Nabisco.
    1915 – Pete Gray was born Peter Wyshner (d. 2002), Nanticoke, PA.  He badly injured his right arm at the age of six when he was caught on truck spokes while trying to jump off the vehicle. His arm was amputated that day.  His 1944 minor league season earned him a call-up to the St. Louis Browns, the defending American League champions, in 1945, for whom he appeared in 77 games, never to play a Major League game again.  His ability to reach the Majors with only one arm is still marveled by many historians.
    1918 - Bassist Red Callendar (d. 1992) was born in Haynesville, VA.
http://www.allmusic.com/cg/amg.dll
    1923 - Guitarist Wes Montgomery (d. 1968), birthday, Indianapolis.
http://www.duke.edu/~mjs4/wes/
http://www.allmusic.com/cg/amg.dll
    1924 - Sarah Caldwell’s (d. 2006) birthday, Maryville, MO. She founded and produced almost 50 operas at the Boston Opera, was the first woman to conduct at the Metropolitan and the New York Philharmonic, and the first recipient of the Kennedy Center Award for Excellence.
http://arts.endow.gov/artforms/Opera/Caldwell.html
http://smithsonianassociates.org/programs/caldwell/caldwell.htm
    1926 - Economist, former Chairman of the Federal Reserve, Alan Greenspan, birthday, New York, New York
    1933 - A nationwide bank holiday declared by President Franklin D. Roosevelt went into effect.  He had taken the oath of office only thirty-six hours earlier.  The crisis had been a long time coming. In the three years leading up to it thousands of banks had failed. But a new round of problems that began in early 1933 placed a severe strain on New York banks, many of which held balances for banks in other parts of the country.  George Harrison, head of the Federal Reserve Bank of New York, and Federal Reserve Board Governor Eugene Meyer were pivotal figures in the bank holiday. On March 1, 1933, Harrison sent an urgent message to Meyer and Secretary of the Treasury Ogden Mills:  The New York Reserve Bank’s gold reserve had fallen below the legal limit (the US was still on the gold standard at this time which required Reserve Banks to maintain gold reserves equal to 40 percent of the paper currency they issued, but foreign and domestic holders of US currency were rapidly losing faith in paper money and were redeeming dollars at an alarming rate). For an entire week in March 1933, all banking transactions were suspended in an effort to stem bank failures and ultimately restore confidence in the financial system.  The crisis began to subside on March 9, when Congress passed the Emergency Banking Act. On March 13, member banks in Federal Reserve cities received permission to reopen. By March 15, banks controlling 90 percent of the country’s banking resources had resumed operations and deposits far exceeded withdrawals. Although some 4,000 banks would remain closed forever and full economic recovery was still years in the future, the worst of the banking crisis seemed to be over.
    1936 - Singer Sylvia Vanderpool (d. 2011) of Mickey and Sylvia, was born New York City, New York
http://www.soulwalking.co.uk/Sylvia%20Robinson.html
    1939 - Harry James records “Two O'clock Jump.”
    1940 - Duke Ellington records “Jack the Bear” and “KoKo.”
    1941 - Les Hite and his orchestra recorded "The World is Waiting for the Sunrise" on Bluebird Records. The instrumental became Hite's most popular work. A decade later, Les Paul and Mary Ford added a vocal to the tune, making it one of their biggest-selling hit songs.
    1944 - Heavy bombers staged the first American raid on Berlin during World War II.  The Eighth Air Force commander, Maj. Gen. Jimmy Doolittle, he of the 1942 bombing raid on Tokyo, had changed fighter defense of strategic bomber formations that had bolstered the confidence of U.S. strategic bombing crews. Until that time, Allied bombers avoided contact with the Luftwaffe; now, the Americans used any method that would force the Luftwaffe into combat. Implementing this policy, the United States looked toward Berlin. Raiding the German capital, the Air Force reasoned, would force the Luftwaffe into battle. Consequently, they launched the first of several attacks against Berlin.  Fierce battles raged and resulted in heavy losses for both sides; 69 B-17s were lost on March 6 but the Luftwaffe lost 160 aircraft. The Allies replaced their losses; the Luftwaffe could not.
    1945 - Top Hits
 “Accentuate the Positive” - Johnny Mercer
 “I Dream of You” - The Tommy Dorsey Orchestra (vocal: Freddy Stewart)
 “A Little on the Lonely Side” - The Frankie Carle Orchestra (vocal: Paul Allen)
 “I'm Losing My Mind Over You” - Al Dexter
     1953 - Top Hits
 “Till I Waltz Again with You” - Teresa Brewer
 “Don't Let the Stars Get in Your Eyes” - Perry Como
 “Keep It a Secret” - Jo Stafford
 “Kaw-Liga” - Hank Williams
    1954 - Florida received its greatest modern-day snowfall of record, with 4.0 inches at the Milton Experimental Station. Pensacola equaled their 24-hour record with 2.1 inches of snow.
    1957 - The doo-wop quartet the Diamonds make their pop chart debut with "Little Darlin'," their biggest hit. It reaches #2 on the pop chart and #3 R&B.
    1961 - Top Hits
 “Pony Time” - Chubby Checker
 “Surrender” - Elvis Presley
 “Wheels” - The String-A-Longs
 “Don't Worry” - Marty Robbins
    1962 - Frank Sinatra recorded his final session for Capitol Records in Hollywood. Sinatra had been recording for his own record label, Reprise, for two years. His final side on Capitol was "I Gotta Right to Sing the Blues," with Skip Martin's orchestra.
    1964 - Tom O'Hara ran the mile in 3 minutes, 56.4 seconds, setting a world indoor record in Chicago, IL.
    1964 - Heavyweight champion Cassius Marcellus Clay announced that he had embraced the Nation of Islam and changed his name to Muhammad Ali. As Clay, he had won a gold medal in the 1960 Summer Olympic Games in Rome and captured the heavyweight crown with a stunning TKO of Sonny Liston at Miami Beach on February 25, 1964.
    1965 - The Temptations went to #1 on the US singles chart with the Smokey Robinson penned song "My Girl," making the group the first male act to have a chart topper for Motown Records.
    1967 - *OUELLET, DAVID G., Medal of Honor
Rank and organization: Seaman, U.S. Navy, River Squadron 5, My Tho Detachment 532. Place and date: Mekong River, Republic of Vietnam, 6 March 1967. Entered service at: Boston, Mass. Born: 13 June, 1944, Newton, Mass. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty. As the forward machine gunner on River Patrol Boat (PBR) 124, which was on patrol during the early evening hours, Seaman Ouellet observed suspicious activity near the river bank, alerted his boat captain, and recommended movement of the boat to the area to investigate. While the PBR was making a high-speed run along the river bank, Seaman Ouellet spotted an incoming enemy grenade falling toward the boat. He immediately left the protected position of his gun mount and ran aft for the full length of the speeding boat, shouting to his fellow crewmembers to take cover. Observing the boat captain standing unprotected on the boat, Seaman Ouellet bounded on to the engine compartment cover, and pushed the boat captain down to safety. In the split second that followed the grenade's landing, and in the face of certain death, Seaman Ouellet fearlessly placed himself between the deadly missile and his shipmates, courageously absorbing most of the blast fragments with his body in order to protect his shipmates from injury and death. His extraordinary heroism and his selfless and courageous actions on behalf of his comrades at the expense of his life were in the finest traditions of the U.S. Naval Service.
    1969 - Top Hits
 “Everyday People” - Sly & The Family Stone
 “Proud Mary” - Credence Clearwater Revival
 “Baby, Baby Don't Cry” - Smokey Robinson & The Miracles
 “To Make Love Sweeter for You” - Jerry Lee Lewis
    1969 - Russell Louis Schweickart and Colonel James Alton McDivitt, were the first astronauts to transfer from one spacecraft to another while in orbit, making an intra-vehicular transfer from Gumdrop, the Apollo 9 command ship to the Spider, the lunar module, leaving the pilot, Colonel David Randolph Scott in the command ship.
    1972 - Shaquille Rashan O'Neal, former basketball player, born Newark, NJ.  He was on four NBA Champions, including three consecutive titles with Kobe Bryant and the LA Lakers.
    1972 - The ‘Golden Bear,' Jack Nicklaus, passed Arnold Palmer as golf's all-time, money winner. Nicklaus captured the Doral Eastern Open golf tournament to run his career earnings up to $1,477,200
    1973 - The group, War, out from under the shadow of former leader Eric Burdon, receive their second gold single of the week for "Cisco Kid," four days after "The World is a Ghetto" did likewise.
    1975 - Led Zeppelin's sixth album, "Physical Graffiti," was certified gold.
    1976 - The Waylon & Willie (Jennings and Nelson) song, "Good Hearted Woman," started the last of three weeks at the top of the country music charts. Waylon and Willie wrote the song in 1969 during a poker game in Ft. Worth, TX. According to Jennings, “I'd been reading an ad for Ike and Tina Turner and it said, ‘Tina Turner singing songs about good-hearted women loving good-timing men.' I thought, ‘What a great country song title that is!'”
    1976 - Dorothy Hamill of the US completed women's figure skating celebrated double triumph by adding first place in the world's Championship, contested in Goteberg, Sweden, to the Olympic gold medal she won in February in Innsbruck, Austria.
    1977 - Top Hits
 Love Theme from "A Star is Born" (Evergreen) - Barbra Streisand
 Fly Like an Eagle - Steve Miller
 I Like Dreamin' - Kenny Nolan
 Heart Healer - Mel Tillis
    1976 - After placing 28 songs in the Top 40 of Billboard's Pop chart, The Miracles make the list for the last time when "Love Machine" went to the top. Their run included seven Top 10 hits and two number ones.
    1978 - Billy Joel was awarded a rare platinum single for "Just the Way You Are."
    1981 - Walter Cronkite, the dean of American television newscasters, said “And that's the way it is” for the final time, as he closed the "CBS Evening News with Walter Cronkite." An audience estimated at 17,000,000 viewers saw ‘the most trusted man in America' sign-off. Cronkite retired after more than 30 years in broadcasting. He was replaced by Dan Rather at the anchor desk.
    1982 - Billboard points out that Dick Clark has donated the podium he stood behind on the original "American Bandstand" to the national museum at the Smithsonian.
    1982 - The Go-Go's debut LP, "Beauty and the Beast," released last July, starts a seven week run at Number One.
    1982 - Willie Nelson's "Always on My Mind" enters the pop chart at #88. The original was recorded in 1972 by Elvis Presley. Nelson's version will reach number One on the country chart and win a Grammy for Song of the Year.
    1982 - The most points scored by two teams in the National Basketball Association made history. San Antonio beat Milwaukee 171-166 in three overtime periods to set the mark.
    1983 - The United States Football League opened its first season of play with five games. The USFL was designed to avoid competing with the NFL by playing in the spring, but it lasted only three years.
    1985 - Yul Brynner played his famous role as the king in "The King and I" in his 4,500th performance in the musical. The actor, age 64, opened the successful production on Broadway in 1951.
    1985 - Top Hits
 “Careless Whisper” - Wham! featuring George Michael
 “Can't Fight This Feeling” - REO Speedwagon
 “California Girls” - David Lee Roth
 “Baby Bye Bye” - Gary Morris
    1987 - Twenty-eight cities in the north central U.S. reported record high temperatures for the date. Pickstown, SD was the hot spot in the nation with a reading of 83 degrees. The high of 71 at Saint Cloud, MN smashed their previous record by 21 degrees.
    1988 - Julie Krone won the 1,205th victory of her career, thereby becoming the all-time winning female jockey in history, Krone rode Squawter, a filly, to victory in the ninth race at Aqueduct Racetrack.
    1988 - “In the Heat of the Night” premiered on TV. NBC's police drama was based on the 1967 movie with the same name. Carroll O'Connor played Mississippi police chief Bill Gillespie who, along with Howard Rollins as Detective Virgil Tibbs, investigated crimes in the rural South. The cast featured Alan Autry as Sergeant Bubba Skinner, Anne-Marie Johnson as Virgil's wife, Althea, David Hart as Deputy Parker William, Hugh O'Connor as Deputy Lonnie Jamison, Christian LeBlanc as Deputy Junior Abernathy, Geoffrey Thorne as Deputy Sweet and Crystal Fox as dispatcher Luanne Corbin. The last telecast aired July 28, 1994, but the program remains popular in re-runs.
http://timstvshowcase.com/heatbak.jpg
    1990 - Colorado's strongest winter storm of the season moved northeastward across the state producing 50 inches of snow at Echo Lake, 46.5 inches on Buckhorn Mountain, and 46 inches near the top of Coal Canyon. Snow fell at the rate of several inches per hour during the height of the storm, while winds gusted above 50 mph. Several hundred rush hour commuters, including the state governor, were stranded in blizzard conditions along Highway 36 between Denver and Boulder. Drifts up to twelve feet high had to be cleared southeast of Boulder.
    1996 - Chris Osgood of the Detroit Red Wings became the third goalie in NHL history to score a goal. He fired the puck into an empty net with 11 seconds remaining as Detroit beat the Harford Whalers, 4-2.
    2000 - Eric Clapton was inducted into The Rock and Roll Hall of Fame for the third time, after receiving previous honors as a member of The Yardbirds and Cream.
    2003 - President Bush held a news conference and warned that he was prepared to go to war soon in Iraq with or without UN backing.
    2005 – Suzyn Waldman became the first woman to be a full-time color commentator in Major League history, making her debut with John Sterling on WCBS-AM 880, the radio flagship of the New York Yankees. The former radio-talk host on WFAN, the first all-sports radio station in United States, was also the first female to broadcast on a national baseball telecast, as well as the first to provide local TV (Yankees) Major League play-by-play.
    2007 - Former White House aide I. Lewis “Scooter” Libby, Jr. was convicted on four of five counts of perjury and obstruction of justice trial.
    2013 – Microsoft was fined €561 by the Euro Commission for not providing alternative web browsers.
    2015 - AT&T, part of the DJIA for over 100 years, was replaced with Apple Inc. on the Dow Jones Industrial Average (DJIA), reflecting shifts in the U.S. economy between telecommunications and technology.

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