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

Wednesday, May 4, 2016

Today's Equipment Leasing Headlines

Archives: May 4, 2007
Sheldon Player, Greyhound Leasing, Deja vu?
National Association of Equipment Leasing Brokers Conference
Mike Parker Speech, New President-PDF/Past President/Founders List
2016-2017 NAELB Officers and Directors
  at 2016 Conference
Help Wanted
Find a new job
FinTech #102  by Allan Levine
Forty Years of Technology: Prospecting
April, 2016 --The List
"The Good, the Bad and the Ugly"
ELFA Names Attorney Alan Mogol Recipient
Edward A. Groobert Excellent in Leasing Award
America’s Car Museum Celebrates the BMW
  100 Years of “The Ultimate Driving Machine”
Labrador Retriever
Phoenix, Arizona  Adopt-a-Dog
Leasing News Classified Ads
News Briefs---
OnDeck Disappoints: “Marketplace” in Jeopardy?
   By Sean Murray, deBanked
Is The Marketplace Lending Apocalypse Upon Us?
   By Sean Murray, deBanked
Subway revenue drops as it closes hundreds of U.S. restaurants
  A Large Majority of Franchises Leased Equipment & Fixtures
BNP Paribas net profit rises but investment bank takes hit
   10% Rise in Net Profits
Fintech AltFI After Credit Averse Prudent Customers
63% of the sought-after millennials don’t have a credit card
Stripe: Shaking up the financial industry
   in San Francisco
Cohen's Point72 Starts Venture Unit to
   Fund Financial Technology/$11 Billion at Point72
Robots Will Strike Asset Management Firms First
  Rise of Financial Technology Threatens Wall Street

Broker/Funder/Industry Lists | Features (writer's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months (Be Careful of Doing Business)
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You May have Missed---
   SparkPeople--Live Healthier and Longer
   Winter Poem
    Sports Briefs---
      California Nuts Brief---
       "Gimme that Wine"    
          This Day in American History
           Daily Puzzle
               Weather, USA or specific area
                 Traffic Live----

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



Archives:  May 4, 2007
Sheldon Player, Greyhound Leasing, Deja vu?

Sheldon Player of Equipment Acquisition Resources, Palatine, Illinois
named many of the leasing companies he was doing business with. In a telephone "background" interview, not for direct quoting, he told Leasing News that 75% of the funders he does business with are aware of his Greyhound Leasing conviction ( he served 33 months out of five year sentence.) He said he does not know if the brokers know about his background.

He said he has done over $130 million in leasing, is having Price-Waterhouse audit his financial statements, but most of his money was in real estate. He said everything was mostly in his wife's name as president, that he was about to retire to spend all his time in real estate, as that is where he really makes his money.

He has been doing business for sixteen years, invited Leasing News several times to visit his operation, offering to pay the air fare and all expenses; that he would like to get his story on the internet, the "real version" of cash payoffs to Greyhound officers and the real truth was Greyhound really wanted the investment tax credits, didn't even ask him for financial statements.

He admitted to one instance of double-collateral from a site inspection, but said he paid it immediately and there was no UCC filing on the equipment as the first lease did not go through, he claimed. He had no answer as to when the site inspector was examining the equipment (still mostly in the crate,) he discovered a blank post-it note and unpeeled it, which revealed another leasing companies identification label.



Sheldon Player passed away from prostate cancer November 12, 2013. Mark Anstett, 60, president, serving five years, must pay back $97,000,000.00;  George Ferguson, 71, vendor who provided phony invoices lost business, home, marriage, awaiting sentencing end of June, 2016, due to illness.


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


National Association of Equipment Leasing Brokers Conference
Mike Parker Speech, New President-PDF/Past President/Founders List
by Dwight Galloway

Mike Parker, 2016-2017 President

The National Association of Equipment Lease Brokers (NAELB) 25th Anniversary Conference drew a post-recession record attendance for the Las Vegas meeting, but among the three hundred attendees, brokers seemed outnumbered by funders and service providers, a nagging trend in the industry. As a result, the eight hours allotted for brokers to visit funders in the exhibit hall were bountiful with brokers having a vast array of funders and ample time. Unable to overcome another industry trend, attendance at the Saturday sessions was poor with many attendees departing before lunch, and certainly before the afternoon breakout sessions.

Comparisons with NAELB conferences of the early explosively successful years were inevitable, especially with numerous founding members holding court. Their “back in the day” laments centered on the four points they considered made the Association:

  • the value in dollars/time away from the office for the small broker,
  • amount of on-point education,
  • time to network with other brokers,
  • and opportunity to meet funders.

With the great number and intensive marketing methods of today’s funding sources, most brokers have more funders than they need (or want) thus, except for beginners, a gathering of funders is a less important draw. Many cited the two basic tenets of NAELB’s original mission: education and networking. “We drew attendees with lots of education for brokers of all levels of experience--all teaching how to get more applications and how to fund more deals”.  Evening events were serious networking sessions, “not reception parties”.

Incoming President Mike Parker has dedicated this year to increasing membership and conference attendance. To succeed, the NAELB must find a way to repeat its history by identifying what brokers need and meeting those needs affordably: just as it did 25 years ago.

Dwight Galloway
SVP Broker Funding
RLC Funding
A Navitas Company

Mike Parker

Mike Parker Presidential Speech/Founder Members/Past Presidents


2016-2017 NAELB Officers and Directors
at 2016 Conference


Vice President, Sheri Bancroft, Bancroft Leasing, Memphis, TN
Andre Brousseau (management staff)
President, Mike Parker, Credential Leasing & Finance, Ft. Myers, FL
Past President, Pete Sawyer, Sun South Equipment Leasing, Lakeland, FL
Astrid Schrier (management staff)

Director, Doug Richters, Accord Financial Group, Covington, OH
Legal Counsel, Joe Bonanno, Esq., CLFP, Andover, MA
President-Elect, Rodney Blecha, Precision Leasing, Shawnee KS
Director, Henry Grace of IFS Equipment Financing in Columbus, OH
Joe Casey, CAE (management staff)
Director, Timothy Daum of Plan B Capital Group of Nepean, ON, Canada
Secretary/Treasurer, Jaime Kaneshina, CLFP, The Cambridge Capital Group, Chino Hills, CA

NAELB is the premier organization formed to promote the interests of equipment leasing brokers through education, advocacy, improved communication with funders and programs designed to upgrade the professionalism and profitability of brokers, funders and others engaged in the business of equipment lease financing. NAELB is an association formed by leasing brokers for leasing brokers. The NAELB is the Broker's Advocate. For more information, visit


Leasing Industry Help Wanted

Sales Representative
San Francisco

2 to 3 Years in Financial Services

The keys to success at ATEL include:

• Ability to learn quickly and effectively
• Money motivated
• Competitive, never say die attitude

"You were born to win, but to be a winner,
you must plan to win, prepare to win,
and expect to win." - Zig Ziglar

For Further Information, click here
ATEL Capital Group, headquartered in the Transamerica Pyramid in San Francisco, is one of the largest independent equipment financing companies in the US serving a wide range of industries, focusing on Fortune 1000 companies and other near investment grade credit corporations. Since 1977 ATEL has priced, structured and negotiated in excess of $30 billion of equipment lease financing transactions


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

Please see our Job Wanted section for possible new employees. 


FinTech #102 by Allan Levine
Forty Years of Technology: Prospecting

After 40+ years with the same company in the same industry, my qualifications to write this are probably OK.

40+ years ago, prospecting consisted of telephone calls, more calls, and attending industry trade events, i.e., Tow Truck Show. Years ago, one would find a good lead and 10 calls later, you close…or lose the deal. One would make calls from index cards, used typewriters for the paperwork and, a handwritten doc was not that unusual.

When the first word processors came out, we all loved the new speed. How exciting. Next, computers, with integrated/specialized expensive software were a lifesaver, not only for documentation, but for accounting. Not only were documents completed faster, but the internal accounting piece went from seeing data updated from end of month, to end of week, to end of day.

Now, anything less than “instant” would be unacceptable.

Then came faster faxes, cell phones, desktops, laptops, iPhones, iPads, and more. As an aside:  First installed car phones, were 6k, followed by 4k, later 2k in 2 years and now, buy 1 get 1 free. 

Back to business:

At one point, anything faxed was great. Original signatures made notaries very busy, and most business was local. Remember, no email. Now, here comes email, dedicated leasing/financing software, and computer programs ramping up the speed. 

Quotes of today.
“Where’s my deal, I sent it to you an hour ago”?

On line apps, credit scoring, edocs, vendor programs, and cell phone apps. It is not unusual to approve, doc and fund in the same day. Or, we do small transactions in a few hours.

So Now, here we are in 2016.

1. Great to be on a plane and sign a client’s edocs.
2. Glad to be on a trip and work my database from a cloud based CRM.

Today, I am traveling, my clients are up to date on emails (this aircraft has Wi-Fi) and my assistant and I are communicating about a few office issues via email.

This is getting typed on my laptop.

Oh, one more thing. I am going to an industry vendor convention. I will scan a prospect’s info into my database, scan mine back, answer emails to the client, while setting up my Saturday and Sunday golf match, and all from my phone and iPad. My Laptop is in my room for when needed.

Business was fun when I started. It is still fun with all the new toys.


  • Prospecting - Index cards to cloud based CRM
  • Docs – from mail to Edocs
  • Credit – Calls/Statements to Paynet, Lexus Nexus and more.
  • Client Payments – Mailed checks to ACH
  • Vendor Inquiries by Phone – To online transactions
  • Phone Calls - to texts, to emails
  • Data Transmittal – Mail to fax to email


Allan Levine, President, Chief Operating Officer
He has been in the vehicle and equipment leasing business since 1971.
His company also offers a "back office" service. He is a long time
member of the Leasing News Advisory Board.
Direct Line: 443.796.7337
Office: 443.796.7333

Previous Financial Technology Articles



April, 2016 --The List
"The Good, the Bad and the Ugly"

Cobra Capital, Darien, IL (04/16) Providence Capital assumed
all assets and operation with founder Dale Kluga to continue

GE Capital, Conn. (04/16) Mere days from 'exiting' U.S. banking system; Selling online deposit platform to Goldman Sachs; continues plan to move HQ to Boston, MA.

American Leasing & Finance, Portland, Oregon (04/16) Derek Anniston, VP Operation, purchases company, becomes president. Company doing $100 million year in annual funding.

MB Equipment Finance, Chicago, IL (04/16) Announces significant
expansion ( )


Leasing News Alphabetical Order

Leasing News Chronological Order List


(Leasing News provides this ad as a trade for investigative
reporting provided by John Kenny)


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

ELFA Names Attorney Alan Mogol Recipient
 Edward A. Groobert Excellent in Leasing Award


He is also on the Leasing News 25 Most Influential Lawyers
in Leasing and Finance:

Washington, D.C.—The Equipment Leasing and Finance Association (ELFA) has awarded Alan Mogol, Principal at Ober, Kaler, Grimes & Shriver, the Edward A. Groobert Award for Legal Excellence. Mogol received the award May 2 at the ELFA Legal Forum in San Francisco. ELFA Legal Committee Chair Judy VanOsdel, Executive Vice President/Chief Legal Officer at TCF Equipment Finance, a division of TCF National Bank, presented the award to Mogol in recognition of his significant contributions to the equipment leasing and finance industry and the association’s Legal Committee.

Mogol has been involved in the equipment finance industry for more than 40 years. He was an early pioneer of the leasing legal community and developed innovative approaches to a number of important legal issues. He created standard middle market lease documentation currently used by many banks and finance companies active in the industry.  He also developed standard syndication documentation accepted as the industry norm, including flexible master assignment agreements, participation agreements and motor vehicle titling trust documents.  He popularized use of the motor vehicle titling trust to facilitate the syndication of titled vehicle financings. 

Mogol has been an active member of the ELFA for more than 30 years. He served on a variety of committees and subcommittees, and was one of the early members of the association’s Legal Committee, which serves as a member and staff resource on a wide range of national and international legal issues impacting the leasing and finance industry. In addition, Mogol has made numerous presentations and participated on numerous panels at the ELFA Legal Forum, an annual event for attorneys serving the equipment finance industry. He has also co-authored chapters in equipment finance legal treatises and has contributed legal articles to the association’s magazines.

The Edward A. Groobert Award for Legal Excellence is named for ELFA’s long-time Secretary and General Counsel Edward A. Groobert, who was active in the legal affairs of the association from the mid-1960s until his retirement in 2010.

About ELFA
The Equipment Leasing and Finance Association (ELFA) is the trade association that represents companies in the $1 trillion equipment finance sector, which includes financial services companies and manufacturers engaged in financing capital goods. ELFA members are the driving force behind the growth in the commercial equipment finance market and contribute to capital formation in the U.S. and abroad. Its 580 members include independent and captive leasing and finance companies, banks, financial services corporations, broker/packagers and investment banks, as well as manufacturers and service providers. For more information, please visit

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

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


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

America’s Car Museum Celebrates the BMW
100 Years of “The Ultimate Driving Machine”

1973 BMW 3.0 CSL

TACOMA, Wash.  – To celebrate 100 years of BMW, America’s Car Museum (ACM) is opening a new exhibit on May 7 – “BMW: Propelling a Century of Innovation” – to highlight some of the brand’s most gripping vehicles. BMW has amassed a strong sub-culture by redefining performance luxury vehicles, such as the 1973 BMW 3.0 CSL, 1988 BMW E30 M3 and the forward-looking 2016 BMW i8, which are all in the display.

While BMW began manufacturing airplane engines in 1916, it wasn’t until 1932 when the Munich-based company put together its first automobile. It built a reputation for producing exciting cars at the same time that the German autobahn was conceived.

In the 1970s, BMW began marketing as “The Ultimate Driving Machine” and has used the tagline for countless iconic road cars since. The slogan, coined under the guidance of industry luminary Bob Lutz, is widely recognized as one of the best of all auto manufacturers and has served BMW well for the past 42 years.

To pay respect to such a storied brand, ACM enlisted the help of several of its long-time backers – including ACM Board Member Manfred Scharmach, renowned BMW collector Peter Gleeson and Brooks Motor Works owner Kevin Brooks – to ensure that BMW: Propelling a Century of Innovation would have an unmatched assortment of vintage and modern BMWs for guests of all ages.

Scot Keller, ACM Curator of Exhibitry

“A big thanks also goes out to the BMW Car Club of America and all who submitted their vehicles for helping us fill the display, with nearly two dozen vehicles, it is truly a must-see for BMW fans!” Said ACM Curator of Exhibitry Scot Keller.

The BMW Car Club of America, which alerted its member-base that the Museum was looking to represent BMW’s history with a wide range of cars and motorcycles, will be holding it’s Puget Sound and Oregon chapters meet-up at ACM on May 15.

Cars featured in BMW: Propelling a Century of Innovation, include:

    1938 Frazer-Nash BMW 328 Roadster
    1939 BMW 327/28
    1957 BMW Isetta 300
    1959 BMW 507
    1972 BMW 2002tii
    1973 BMW 3.0 CSL
    1974 BMW 3.0 CSL Batmobile
    1978 BMW M1 Art Car
    1980 BMW M1
    1988 BMW E30 M3
    1988 BMW M6
    2000 BMW M5
    2003 BMW Z8 Alpina
    2006 BMW Z4M Racer
    2011 BMW 1M
    2016 BMW i8
    2016 BMW i3
    2016 BMW X6

Motorcycles featured in BMW: Propelling a Century of Innovation, include:

    1954 BMW R68/1400
    1955 BMW 500cc Bonneville S/C Racer with sidecar
    1968 BMW R60/2 café
    1975 BMW R90S
    1975 BMW R90S


ACM CEO David Madeira

“BMW’s centennial celebration is a huge milestone, which we wanted to honor in a big way,” said ACM CEO David Madeira. “The support we received from the BMW community resulted in more vehicle submissions than any other display in ACM’s four-year history. It allowed us to secure a robust assortment vehicles and led to one of our best exhibits to date.”

For more information on the BMW: Propelling a Century of Innovation and other exhibits currently on view at ACM, visit

About LeMay – America’s Car Museum
America’s Car Museum (ACM) is an international destination for families and auto enthusiasts to celebrate America’s love affair with the automobile and learn how it shaped our society. Based in Tacoma, Wash., the stunning 165,000-sq.-ft. facility has been recognized as one of MSN’s 10 Best Automotive Museums worldwide, USA Today’s 10 Best Museums in Seattle and KING5’s 2015 Best Museum in Western Washington. ACM serves as an educational center for students of all ages, features 12 rotating exhibits and hosts five annual Signature Events. For more information, visit

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


Labrador Retriever
Phoenix, Arizona  Adopt-a-Dog

ID#: 532073
Breed: Labrador Retriever
Gender: Male
Age: 7 years
Arrived: Apr. 11, 2016
Location: Campus for Compassion

My Friends Say:

Hi! I'm Gus! A wise pup of 88lbs!
I can be a little shy at first but with some time and patience I'll be sure to warm up to you!
I love to go for car rides! I'm the perfect travel buddy!
I may be a little older but I'm still pretty peppy! I love to go for walks!
I'd sure love to meet you! Come get to know me for yourself!
Type of home I’m looking for:

I must go to a cat-free home!
I will need all DOGS and CHILDREN in the my new home before being adopted, please!
Unique things about me:

My adoption fee is $150.00
I'm already microchipped!
I have a medical release! Please ask for more info.
My adoption includes the following free of charge:

Spay/neuter surgery
Bag of Hill's Science Diet Food
All current vaccinations
Wellness exam with VCA Animal Hospitals
Collar, leash
ID tag
10 percent off at AHS’ Petique retail locations

Arizona Humane Society
Nina Mason Pulliam Campus for Compassion
1521 W. Dobbins Rd.
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Phone: 602.997.7585

Hours: Daily, 11 a.m. – 6 p.m.

Adopt a Pet


Leasing News Classified Ads


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News Briefs---

OnDeck Disappoints: “Marketplace” in Jeopardy?

Is The Marketplace Lending Apocalypse Upon Us?

Subway revenue drops as it closes hundreds of U.S. restaurants
  A Large Majority of Franchises Leased Equipment & Fixtures

BNP Paribas net profit rises but investment bank takes hit 10% Rise in Net Profits

Fintech AltFI After Credit Averse Prudent Customers
63% of the sought-after millennials don’t have a credit card

Stripe: Shaking up the financial industry in San Francisco

Cohen's Point72 Starts Venture Unit to Fund Financial Technology/$11 Billion at Point72

Robots Will Strike Asset Management Firms First t

Sales Representative
San Francisco

2 to 3 Years in Financial Services

The keys to success at ATEL include:

• Ability to learn quickly and effectively
• Money motivated
• Competitive, never say die attitude

"You were born to win, but to be a winner,
you must plan to win, prepare to win,
and expect to win." - Zig Ziglar

For Further Information, click here
ATEL Capital Group, headquartered in the Transamerica Pyramid in San Francisco, is one of the largest independent equipment financing companies in the US serving a wide range of industries, focusing on Fortune 1000 companies and other near investment grade credit corporations. Since 1977 ATEL has priced, structured and negotiated in excess of $30 billion of equipment lease financing transactions





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Baseball Poem

The Base Stealer

Poised between going on and back, pulled
Both ways taut like a tight-rope walker,
Fingertips pointing the opposites,
Now bouncing tiptoe like a dropped ball,
Or a kid skipping rope, come on, come on!
Running a scattering of steps sidewise,
How he teeters, skitters, tingles, teases,
Taunts them, hovers like an ecstatic bird,
He's only flirting, crowd him, crowd him,
Delicate, delicate, delicate, delicate - Now!

----Robert Francis




Sports Briefs----

Emmitt Smith: Why new Cowboys RB Ezekiel Elliott is better than me

Warriors' Stephen Curry wins pro basketball writers' Magic Johnson Award

49ers trading Kaepernick appears unlikely after draft moves

Don Shula hospitalized

Tom Brady gets extra time to ask court to reconsider case

Ranking NFL teams' offseasons 1-32: Patriots, Broncos stumble

Stubblefield, Attorneys Deny Rape Charges, Claim Victim Wasn’t Disabled


California Nuts Briefs---

San Rafael’s Equator Coffees & Teas is nation’s  Small Business of the Year

Cost of cutting UC Berkeley program? Desperately needed doctors

Possible Tesla expansion in Livermore

Gov. Jerry Brown Rips Florida Governor Over ‘Silly’ Attempt To Lure Jobs

California population nears 40 million, up less than 1 percent


“Gimme that Wine”

2 charged in thefts of thousands in high-end wine
  from French Laundry

James Beard 2016 Winners

Tyler Florence, Michael Mina and Gordon Ramsay among top chefs
    coming to BottleRock Napa Valley

Uncorking old laws: Canadian wine could soon be sold
    across provinces, lawyer says

Fourth-Generation Mondavis Are Happily Making Wine Together

Free Mobile Wine Program

Wine Prices by vintage

US/International Wine Events

Leasing News Wine & Spirits Page


This Day in American History

      1493 - Spanish Pope Alexander VI divided the land they called “America” between Spain and Portugal (it was basically the Caribbean Islands).
    1494 - Christopher Columbus discovered Jamaica. The Arawak Indians were its first inhabitants. This was his second journey.  On his first, he basically discovered Cuba, and on his third, Trinidad, and on his fifth trip, 1502-1504, Martinique, exploring the coasts of Nicaragua, Costa Rica, and Panama. He brought a lot of slaves back to Spain, his main find in the islands.
    1626 - Dutch colonist Peter Minuit arrived on the wooded island of Manhattan in present-day New York. He later bought Manhattan for $24, but from a tribe in Brooklyn, almost like buying the Brooklyn Bridge.  The story has been repeated so many times school children believe the borough was bought for beads.  Ironically, the Dutch had already established the town of New Amsterdam at the southern end of the island.  The American Indians had no comprehension of land ownership. Shortly thereafter, most of them were wiped out by small pox, influenza, and a host of diseases brought from Europe, against which they had no immunity.
(Lower half: )
    1715 – The first folding umbrella debuted in France.
    1746 - The Moravians in Pennsylvania established the Moravian Women's Seminary at Bethlehem. It was the first educational institution of its kind established by the "Unitas Fratrum" in (colonial) America.
    1776 - Rhode Island declared its freedom from England, two months before the Declaration of Independence was adopted.
    1780 - American Academy of Arts & Science founded
    1796 - Birthday of Horace Mann (d. 1859) at Franklin, MA. American educator, author, public servant, known as the "father of public education in the US". Founder of Westfield (MA) State College and editor of the influential Common School Journal. Historian Ellwood P. Cubberley asserted:  “No one did more than he to establish in the minds of the American people the conception that education should be universal, non-sectarian, free, and that its aims should be social efficiency, civic virtue, and character, rather than mere learning or the advancement of sectarian ends.” 
    1805 - Henry C Overing bought 80 acres of Throggs Neck in The Bronx.
    1846 – Michigan outlawed the death penalty.
    1850 - A second Great San Francisco Fire broke out in the United States Exchange, a saloon and gambling house. The fire burned 300 building s and caused $4,000,000 damage.  At about 4:00 AM, a suspicious fire erupted in a building on the east side of the United States Exchange, a drinking and gambling house built where Dennison’s Exchange once stood. Before 11:00 AM, the conflagration consumed the block between Kearny, Clay, Washington, and Jackson. Again, dynamite and rope saved the city from complete destruction. With ashes still hot and smoking, the first evidence of arson was found. Within ten days San Franciscans had rebuilt half of their Phoenix City.
It is interesting that on the same date, one year later, the 5th Great Fire almost destroyed San Francisco. The entire business district was destroyed in 10 hours, engulfing 18 Blocks and 2,000 buildings.
The 1906 Great Earthquake was not the cause of the major damage. It was the fire that was created by the quake that devastated the city.
    1861 – At Gretna, LA, one of the first guns of the Confederate Navy was cast.
    1863 – A defeated Union Army withdraws from the Battle of Chancellorsville.
    1864 - General Grant's Army of the Potomac attacks at Rappahannock, crosses the Rapidan and begins his duel with Robert E Lee.
    1864 - Over the objections of President Lincoln, the House of Representatives passed the Wade-Davis Reconstruction bill, containing stiff punitive measures against the South that, if put into law, would have destroyed Lincoln's more moderate reconstruction aims. The bill was also adamantly opposed by Radical Republicans, led by Thaddeus Stevens, for whom it was insufficiently severe in its treatment of the Southern rebels. Lincoln eventually killed the bill by using the pocket veto. When Andrew Johnson became President, following Lincoln's assassination, he basically abandoned all Lincoln's reconstruction plans and set up to punish the South.
    1871 – History recorded the first baseball game of the National Association of Baseball Players.  Ft Wayne 2, Cleveland 0 as Deacon Jim White got the first hit, a double.
    1886 - Chichester Bell and Charles Tainter received a US patent for the Graphophone. This invention replaced Thomas Edison's phonograph, and featured wax-coated cylinders. These were considered an improvement over the phonograph's tinfoil cylinders, which had been delicate and difficult to remove.
    1891 - The first hospital open to all races as a matter of policy was the Provident Hospital, Chicago, Ill.  Although primarily for African-Americans, there was no racial barrier to the admission of patients or staff appointments of physicians. Dr. Frank Billings was chief consulting physician. Dr. Christian Fenger, chief consulting surgeon; and Drs. Ralph N. Isham and Daniel Hall Williams, attending surgeons.  A nursing school, the Provident Hospital Training School Association, was connected with the hospital.
    1893 - Cowboy Bob Pickett invented bulldogging
    1894 - Bird Day was observed for the first time.  Bird Day is a holiday established by Oil City, PA school superintendent Charles Babcock.   It was the first holiday in the United States dedicated to the celebration of birds.  Babcock intended it to advance bird conservation as a moral value
    1896 - Labor union unrest at Chicago led to violence when a crowd of unemployed men tried to enter the McCormick Reaper Works, where a strike was underway. Although no one was killed, anarchist groups called a mass meeting in Haymarket Square to avenge the “massacre”. When the police advanced on the demonstrators, a bomb was thrown and several policemen were killed. Four leaders of the demonstration were hanged and another committed suicide in jail. Three others were given jail terms. The case aroused considerable controversy around the world.
    1904 – The US began construction of the Panama Canal.
    1905 - Honky Tonk singer Al Dexter (d. 1984) was born in Jacksonville, Texas. He perfected his style in the oil-boom dance halls of East Texas. And he recorded one of the first songs to have the word "honky tonk" in its title, "Honky Tonk Blues." Dexter is best known as the composer of the wartime hit, "Pistol Packin' Mama."
    1907 - Mary Agness Hallaren (d. 2005) was born in Lowell, MA.  U.S. military commander with the rank of captain, she commanded the first WAC battalion of women to go overseas in World War II.  She became director of the WACS in May, 1947. On June 12, 1948 when the Armed Services Integration Act went into effect and the WACS became a component of the Regular Army, Col. Hallaren became the first woman to receive a commission in the Regular Army. She retired from the Army in 1960 and, in 1965, she became director of the Women in Community Service division of the U.S. Labor Department.
    1909 - Tel Aviv founded. In 1910, the suburb was named Tel Aviv after Nahum Sokolow's translation of “Altneuland,” Herzl's fictional depiction of the Jewish State.
    1910 - Congress required every passenger ship or other ships carrying 50 persons or more, leaving any port of United States, to be equipped with a radio (powerful enough to transmit to a 100-mile radius) and a qualified operator.
    1917 – Arabs sacked Tel Aviv.
    1918 – The Yankees set a Major League record with 8 sacrifice bunts on the way to defeating Babe Ruth and the Red Sox, 5-4.
    1919 – In the first legal Sunday baseball game in NYC, the Phillies beat the Giants 4-3 before a crowd of 35,000 at the Polo Grounds.  During the nineteenth and early twentieth centuries, it was considered offensive to work on Sunday, which was expected to be a day of worship and rest. In 1794, the Pennsylvania Assembly restricted activities on Sunday by passing what they called "an Act for the prevention of vice and immorality, and of unlawful gaming, and to restrain disorderly sports and dissipation."  In 1902, Sunday baseball games were legalized in Chicago, St. Louis and Cincinnati.  In 1917, the New York Giants and Cincinnati Red Legs played the first Sunday game ever at the Polo Grounds in NYC. However, after the game both managers, John McGraw and Christy Mathewson, were arrested for violating the blue laws. Judge McQuade found them not guilty.  The following year, Sunday baseball was legalized in Cleveland, Washington, D.C., and Detroit.  One year after that, New York legalized baseball games on Sunday, and the New York and Brooklyn teams were allowed to have home games on Sunday.
    1923 – New York revoked Prohibition
    1925 – The League of Nations conferred on arms control and poison gas usage
    1926 – Drummer Sonny Payne (d. 1979) birthday, New York City.  Best known for “Atomic Bomb” Basie album.,,477721,00.html?artist=

    1928 - Canadian jazz trumpet player, “screamer,” Maynard Ferguson (d. 2006) was born in Montreal. He went to the US at the age of 20, playing in the big bands of Boyd Raeburn, Jimmy Dorsey, Charlie Barnett and Stan Kenton. Ferguson won the Down Beat magazine readers' poll for trumpet in 1950, '51 and '52. He later formed his own big band, which in the 1970's turned in a jazz-rock direction. Ferguson's recording of "Gonna Fly Now," the theme from "Rocky," was a major hit single in 1977.
    1929 - Birthday of Audrey Hepburn (d. 1993), born Audrey Kathleen van Heemstra Ruston near Brussels, Belgium.  Her first major movie role in “Roman Holiday” (1953) won her an Academy Award as Best Actress.  She made 26 movies during her career and received four additional Oscar nominations. During the latter years of her life, Hepburn served as spokesperson for the United Nations Children's Fund, traveling worldwide raising money for the organization. Even when dying of cancer, she traded ceaselessly in Third World countries, always for the children, never stinting, giving everything she had. Answering a reporter's question about why she worked so hard for UNICEF, she answered simply, "I do not want to see mothers and fathers digging graves for their children." One can only guess that she saw too much of that when as a girl she was accidentally trapped in Holland during World War II. She suffered extreme hardships during the war and several of her relatives and friends were executed by the Nazis. She acted as a courier for the underground. She even had to eat tulip bulbs when food supplies ran out or they were confiscated by the Germans just before the Allied troops freed the Netherlands.
    1929 – Lou Gehrig hit three consecutive HRs as the Yanks beat the Tigers, 11-9.
    1932 - Public Enemy Number One, Al Capone, was jailed in the Atlanta Penitentiary for tax evasion.
    1937 - Bassist Ron Carter birthday, Ferndale, MI
    1937 – Dick Dale born Richard Anthony Monsour in Boston.  Known as The King of the Surf Guitar, he pioneered the surf music style, drawing on Eastern musical scales and experimenting with reverberation. He worked closely with Fender to produce custom made amplifiers, including the first-ever 100-watt guitar amplifier.   He pushed the limits of electric amplification technology, helping to develop new equipment that was capable of producing distorted, "thick, clearly defined tones" at "previously undreamed-of volumes." The "breakneck speed of his single-note staccato picking technique" as well as his showmanship with the guitar is considered a precursor to heavy metal, influencing guitarists such as Jimi Hendrix and Eddie Van Halen. 
    1939 - In his first-ever AB in Detroit, Boston Red Sox rookie Ted Williams became the first player to hit a home run which totally clears the right field seats at Briggs Stadium.
    1940 - Duke Ellington bad records “Cotton Tail,” “Don't Get Around Much Anymore” for Victor.
    1942 - *POWERS, JOHN JAMES, Medal of Honor
Rank and organization: Lieutenant, U.S. Navy. Born: 13 July 1912, New York City, N.Y. Accredited to: New York. Other Navy award: Air Medal with 1 gold star. Citation: For distinguished and conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty, while pilot of an airplane of Bombing Squadron 5, Lt. Powers participated, with his squadron, in 5 engagements with Japanese forces in the Coral Sea area and adjacent waters during the period 4 to 8 May 1942. Three attacks were made on enemy objectives at or near Tulagi on 4 May. In these attacks he scored a direct hit which instantly demolished a large enemy gunboat or destroyer and is credited with 2 close misses, 1 of which severely damaged a large aircraft tender, the other damaging a 20,000-ton transport. He fearlessly strafed a gunboat, firing all his ammunition into it amid intense antiaircraft fire. This gunboat was then observed to be leaving a heavy oil slick in its wake and later was seen beached on a nearby island. On 7 May, an attack was launched against an enemy airplane carrier and other units of the enemy's invasion force. He fearlessly led his attack section of 3 Douglas Dauntless dive bombers, to attack the carrier. On this occasion he dived in the face of heavy antiaircraft fire, to an altitude well below the safety altitude, at the risk of his life and almost certain damage to his own plane, in order that he might positively obtain a hit in a vital part of the ship, which would insure her complete destruction. This bomb hit was noted by many pilots and observers to cause a tremendous explosion engulfing the ship in a mass of flame, smoke, and debris. The ship sank soon after. That evening, in his capacity as Squadron Gunnery Officer, Lt. Powers gave a lecture to the squadron on point-of-aim and diving technique. During this discourse he advocated low release point in order to insure greater accuracy; yet he stressed the danger not only from enemy fire and the resultant low pull-out, but from own bomb blast and bomb fragments. Thus his low-dive bombing attacks were deliberate and premeditated, since he well knew and realized the dangers of such tactics, but went far beyond the call of duty in order to further the cause which he knew to be right. The next morning, 8 May, as the pilots of the attack group left the ready room to man planes, his indomitable spirit and leadership were well expressed in his own words, "Remember the folks back home are counting on us. 1 am going to get a hit if 1 have to lay it on their flight deck.'' He led his section of dive bombers down to the target from an altitude of 18,000 feet, through a wall of bursting antiaircraft shells and into the face of enemy fighter planes. Again, completely disregarding the safety altitude and without fear or concern for his safety, Lt. Powers courageously pressed home his attack, almost to the very deck of an enemy carrier and did not release his bomb until he was sure of a direct hit. He was last seen attempting recovery from his dive at the extremely low altitude of 200 feet, and amid a terrific barrage of shell and bomb fragments, smoke, flame and debris from the stricken vessel.
    1942 – The Battle of Coral Sea begins in the Pacific.  This was the first sea battle fought solely in the air, between Japanese, US and Australian navies and air forces.
    1945 – German Adm. Donitz sends envoys to the headquarters of Field Marshal Montgomery, at Luneburg Heath, and they sign an agreement, at 1820 hrs., for the surrender of German forces in Holland, Denmark and northern Germany. The Germans also agree to the Allied demand that German submarines should be surrendered rather than scuttled -- in the German naval tradition. The surrender becomes effective on May 5th. Meanwhile, in continuing fighting to the south, Salzburg is captured by American forces. Other units push into Czechoslovakia toward Pilsen. German forces conduct rearguard actions, in northern Germany, in Czechoslovakia and Austria, as the bulk of the German forces attempt to disengage and reach the Anglo-American lines.
    1948 - Twenty-five-year-old Norman Mailer's first novel, “The Naked and the Dead”, is published.  The book, which closely chronicles the lives of 13 soldiers stationed in the Pacific, presents a fictional story with precise, journalistic detail.
    1951 - The U.S. Senate unanimously passed a bill to raise the maximum strength of the Marine Corps to 400,000 -- double its strength at the time. The bill also made the Commandant of the Marine Corps a consultant to the Joint Chiefs of Staff.
    1956 - Top Hits
“Heartbreak Hotel/I Was the One” - Elvis Presley
“Moonglow and Theme from 'Picnic'” - Morris Stoloff
“Standing on the Corner” - The Four Lads
“Blue Suede Shoes” - Carl Perkins
    1956 - Gene Vincent and his group, The Blue Caps, recorded "Be-Bop-A Lula" for Capitol Records in Los Angeles. Interesting note: Vincent had written the tune only three days before he auditioned in a record company talent search that won him first place. The record was rush-released just two days later and became a rock and roll classic. Vincent recorded two other charted songs in 1957 and 1958: "Lotta Lovin'" and "Dance to the Bop".
    1957 - "The Alan Freed Show" debuted on ABC-TV. The legendary disc jockey's rock 'n' roll variety show was cancelled some months later after black teenage singer Frankie Lymon was shown dancing with a white girl.
    1959 - The first Grammy Awards were presented by the National Academy of Recording Arts and Sciences. Record of the year and song of the year was "Nel Blu Dipinto Di Blu" - better known as "Volare" - by Domenico Modugno. Henry Mancini won the Album of the Year award for "The Music from Peter Gunn" and the Kingston Trio won the first country Grammy for "Tom Dooley."
    1960 - The birth control pill was approved by the FDA in the U.S. It was developed at the Worcester Center for Experimental Biology. The work was financed by Katherine McCormick who gave the center $150,000 a year from 1953 on to develop an oral contraceptive. McCormick was the second woman graduate of M.I.T. She married into the McCormick family and took over the International Harvester business when her husband became hopelessly insane.
    1961 - Militant students joined James Farmer of the Congress of Racial Equality (CORE) to conduct “freedom rides” on public transportation from Washington, DC, across the Deep South to New Orleans. The trips were intended to test Supreme Court decisions and Interstate Commerce Commission regulations prohibiting discrimination in interstate travel.  In several places, riders were brutally beaten by local people and policemen. On May 14, members of the Ku Klux Klan attacked the Freedom Riders in Birmingham, Alabama while local police watched. In Mississippi, Freedom Riders were jailed. They never made it to New Orleans. The rides were patterned after a similar challenge to segregation, the 1947 Journey of Reconciliation, which tested the US Supreme Court's June 3, 1946 ban against segregation in interstate bus travel.
    1963 - Andy Williams's album, “Days of Wine and Roses”, hit the Number 1 spot on the LP pop chart, and stayed there for 16 weeks.
    1963 - The Beach Boys "Surfin U.S.A." LP debuts on the charts.
    1964 - Top Hits
“Can't Buy Me Love” - The Beatles
“Hello Dolly!” - Louis Armstrong
“Bits and Pieces” - The Dave Clark Five
“My Heart Skips a Beat” - Buck Owens
    1964 - “Another World,” created by lrna Phillips and sponsored by P&G, this soap was set in fictional Bay City. It was the first soap to air for a full hour and the first to beget two spin-offs (“Somerset” and “Texas”). Charles Durning, Ted Shackelford, Eric Roberts, Ray Liotta, Kyra Sedgwick, Faith Ford, Morgan Freeman, Jackëe Harry, Victoria Wyndham and Valarie Pettiford are some of its well-known alums. The show was cancelled in 1999 and the last episode aired June 25, 1999.
    1964 - The Beatles set a "Billboard" magazine Top 100 chart all-time record when, today, all five of the top songs were by the British rock group. The Beatles also had the number one album with "Meet the Beatles", the top album from February 15 through May 2, when it was replaced by "The Beatles Second Album". During the first three months of 1964, it was estimated The Beatles accounted for 60 percent of the entire singles record business. The top five Beatles singles, setting the record, were: 1) “Can't Buy Me Love”, 2) “Twist and Shout”, 3) “She Loves You”, 4) “I Want to Hold Your Hand”, 5) “Please Please Me”.
    1964 - Ray Thomas and Mike Pinder formed an R&B group, the Moody Blues, named after Duke Ellington's "Mood Indigo".
    1966 - Simon and Garfunkel's "I Am a Rock" enters the Hot 100. During its eleven week chart run, it will peak at #3.
    1966 - Del Shannon enters the Billboard Hot 100 for the 16th time with "The Big Hurt", which will stall at #94.
    1966 - The Mamas and Papas hit #1 in the US with "Monday, Monday", a song that the group would later admit that they didn't really like.
    1966 – SF Giants’ CF Willie Mays established a new National League career HR record when he hit his 512th, surpassing the total of former NY Giants great Mel Ott. Mays' blast against Claude Osteen put him fourth on the all-time list.  Mays retired with the second highest total, 660, behind only Babe Ruth at the time.
    1967 - The Turtles receive their first of two Gold singles for their recent #1 Pop hit, "Happy Together". Their second Gold single will come later for "She'd Rather Be with Me".
    1968 - FOURNET, DOUGLAS B., Medal of Honor
Rank and organization: First Lieutenant, U.S. Army, Company B, 1st Battalion, 7th Cavalry, 1st Cavalry Division (Airmobile). Place and date: A Shau Valley, Republic of Vietnam, 4 May 1968. Entered service at: New Orleans, La. Born: 7 May 1943, Lake Charles, La. Citation: For conspicuous gallantry and intrepidity in action at the risk of his life above and beyond the call of duty. 1st Lt. Fournet, Infantry, distinguished himself in action while serving as rifle platoon leader of the 2d Platoon, Company B. While advancing uphill against fortified enemy positions in the A Shau Valley, the platoon encountered intense sniper fire, making movement very difficult. The right flank man suddenly discovered an enemy claymore mine covering the route of advance and shouted a warning to his comrades. Realizing that the enemy would also be alerted, 1st Lt. Fournet ordered his men to take cover and ran uphill toward the mine, drawing a sheath knife as he approached it. With complete disregard for his safety and realizing the imminent danger to members of his command, he used his body as a shield in front of the mine as he attempted to slash the control wires leading from the enemy positions to the mine. As he reached for the wire the mine was detonated, killing him instantly. Five men nearest the mine were slightly wounded, but 1st Lt. Fournet's heroic and unselfish act spared his men of serious injury or death. His gallantry and willing self-sacrifice are in keeping with the highest traditions of the military service and reflect great credit upon himself, his unit, and the U.S. Army.
    1968 - Top British model Twiggy saw a performance by an 18 year old Welsh singer named Mary Hopkin and immediately recommended her to Paul McCartney as a possible addition to the Apple Records roster. Six months later, Hopkin's first record, "Those Were the Days", was sitting behind "Hey Jude" in the number 2 position.
    1970 - Still fresh in the minds of students who were attending college during this time are four students - Allison Krause, 19; Sandra Lee Scheuer, 20;  Jeffrey Glenn Miller, 20;  and William K. Schroeder, 19 – who were killed by the Ohio National Guard during demonstrations against the Vietnam War at Kent State University in Ohio.  After seeing the photos later that week in Life magazine, Neil Young immediately writes the song "Ohio," which Crosby, Stills, Nash and Young will record the next day.
    1972 - Top Hits
“The First Time Ever I Saw Your Face” - Roberta Flack
“I Gotcha” - Joe Tex
“Betcha By Golly, Wow” - The Stylistics
“Chantilly Lace” - Jerry Lee Lewis
    1973 - Led Zeppelin open their 1973 U.S. tour, which is billed as the "biggest and most profitable rock & roll tour in the history of the United States." A group spokesman predicts the group will gross over $3 million.
    1974 - The first skyscraper higher than 1,400 feet in height was the 110-story Sears Building of Sears, Roebuck and Company, measuring 1,454 feet high located on Jackson Boulevard between Adams and Franklin streets in Chicago.
    1975 - Baseball's One Millionth Run. Bob Watson of the Houston Astros raced around the bases on Milt May's home run against the San Francisco Giants and crossed the plate with what was declared to be the one millionth run scored in major league baseball history. Watson's hustle paid off. Davey Concepcion of the Cincinnati Reds scored another run in a different game in a different city seconds later.
    1976 - The Illinois Legislature declares today as Rick Monday Day because of his patriotic gesture of saving the American flag from being burned in Los Angeles by two fans in center field in Dodger Stadium.  He was playing CF for the visiting Chicago Cubs at Dodger Stadium, when two protestors ran into the outfield and tried to set fire to an American flag. Monday dashed over and grabbed the flag to thunderous cheers. He handed the flag to Los Angeles pitcher Doug Rau, and the ballpark police officers arrested the two intruders.
    1976 - KISS performs their first concert in their hometown of New York City.
    1978 - Jefferson Starship receives a platinum record for what will be their last LP with Grace Slick and Marty Balin. Just a few weeks later, both are gone and the band has to be revamped.
    1980 - Top Hits
“Call Me” - Blondie
“Ride like the Wind” - Christopher Cross
“Lost in Love” - Air Supply
“Are You on the Road to Lovin' Me Again” - Debby Boone
    1980 - An acoustic performance by the East Los Angeles band Los Lobos brought a hostile response from an Olympic Auditorium audience who came to hear Punk music. Opening for Public Image Ltd, the group was bombarded with bottles and other debris. It would take seven more years for the band to crack the Hot 100 with a couple of Richie Valens songs, "La Bamba" (#1) and "Come On, Let's Go" (#21).
    1988 - Top Hits
“Where Do Broken Hearts Go” - Whitney Houston
“Wishing Well” - Terence Trent D'Arby
“Angel” - Aerosmith
“It's Such a Small World” - Rodney Crowell & Rosanne Cash
    1989 - Col. Oliver North was found guilty in the investigations into the Iran-Contra affair.
    1991 - Indians' first baseman Chris James establishes the club record for RBIs by driving in nine runs with a pair of homers and two singles, helping Cleveland to crush the A's, 20-6.
    1994 - Top Hits
“The Sign” - Ace of Base
“Bump N Grind” - R. Kelly
“The Most Beautiful Girl in the World” - The Artist
“Return to Innocence” - Enigma
    1995- Twenty-five years after the Kent State Massacre, Peter, Paul, and Mary played a commemorative concert at the university, performing Dylan's "Blowin' In The Wind."
    1998 - The Clinton administration invoked sanctions against North Korea and Pakistan for a secret 1997 missile deal. Pakistan’s military named the acquired missile, Ghauri, after a famous Muslim warrior who slew a Hindu emperor named Prithvi, the name of a Russian made Indian missile.
    1998 - A federal judge in Sacramento gave “Unabomber” Ted Kaczynski four life sentences plus 30 years after Kaczynski accepted a plea agreement sparing him from the death penalty.
    1999 - Top Hits
“Livin La Vida Loca” - Ricky Martin
“No Scrubs” - TLC
“Kiss Me” - Sixpence None the Richer
“Every Morning” - Sugar Ray
    2006 - A federal judge sentenced Zacarias Moussaoui to life in prison for his role in the 9/11 terrorist attacks.
    2007 – Greensburg, KS was almost completely destroyed by a 1.7 mi wide EF5 tornado. It was the first-ever tornado to be rated as such with the new Enhanced Fujita Scale.
    2008 – Seth MacFarlane reached an agreement worth $100 million with Fox to keep "Family Guy" and "American Dad" on television until 2012, making MacFarlane the world's highest paid television writer.
    2008 - Martha Reeves' home in Detroit was burglarized and one million dollars' worth of recording equipment stolen. In just a few hours, the perpetrator was caught while attempting to hock the merchandise for $400.
    2010 - An auction at Christie's in New York set a record for the most expensive work of art sold at auction when Pablo Picasso's 'Nude, Green Leaves and Bust' sold for $106 million.

Stanley Cup Champions
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