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New Hires/Promotions in the Leasing Business
and Related Industries

David Ferretti was hired as Senior Vice President, Market Manager, Webster Bank, New Haven, Connecticut. "Working with colleagues across Webster Bank’s commercial banking divisions, Ferretti will provide working capital, equipment and acquisition financing." Previously he was Commercial Banking Team Leader, SVP, People's United Bank, N.A. (June, 2007 -April, 2022).
https://www.linkedin.com/in/david-ferretti-234aa35/

Jenny (Warren) O'Callaghan was hired as Account Manager, Tandem Equipment Finance, Canada, Vancouver, British Columbia, Canada. She is located in Coquitlam, British Columbia, Canada. Previously, she was Equipment Leasing Specialist, Account Manager, CWB National Leasing, Division of Canadian Western Bank. She is an active member of the Ambassador Club, Tri-Cities Chamber of Commerce since January, 2010. https://www.linkedin.com/in/jennyocallaghanleasingexpert/

Jeremy Potts was promoted to Vice President Operations, GreatAmerica Financial Services, Cedar Rapids, Iowa. He joined the company February, 2010 as Credit Analyst, promoted June, 2014, Team Lead, promoted March, 2017 to Director of Operations.
https://www.linkedin.com/in/jeremy-potts-1b68528/

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Help Wanted Ads

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Funder List "A"
Updated

Readers sent in information, which was verified. Normally when a business changes, merges, or goes out of business, it is
deleted from this list.  In this case, some companies have become subsidiaries or part of another.

A reader wrote that Advantage Funding was part of the Macquarie's Corporate and Asset Finance Group, then sold to Sterling Bancorp, Montebello, New York, March, 2018. The reader said the company no longer exists. 

BB&T is now part of Truist and their link works so we’ll keep the listing, although it should be updated by Truist.

Susquehanna now part of Patriot but we’ll delete as website does not open.

SunTrust, Richmond, Virginia still in business part of Truist but we’ll delete as website does not open.

Town and Country Leasing was an affiliate of Sterling Financial Corporation but website does not link so will be deleted.

Any updates to the current list, please send to kitmenkin@leasingnews.org

Revised List:
https://leasingnews.org/Funders_Only/Funders.htm

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

Companies with an * are no longer in business. The others are companies that were taking broker business, but announced that they no longer are accepting broker business. Many have also down-sized or are managing an existing portfolio. This does not include companies merged or acquired who are still in business.

Any updates or changes, please contact: kitmenkin@leasingnews.org

Full List:
https://leasingnews.org/Pages/Out-of-broker-bus.htm

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Solifi added after Consolidation
Leasing Software Companies

International Decision Systems rebranded and became "Solifi." Solifi has purchased the White Clarke Group so the full entity is now:  IDS + William Stucky Associates + White Clarke Group

Solifi Co-headquartered: United States 220 South Sixth Street Suite 700 Minneapolis, MN 55402 T: +1-612-851-3200 United Kingdom White Clarke House Woodlands Business Park Breckland, Linford Wood Milton Keynes Buckinghamshire MK14 6FG +441908 576699 information@solifi.com

500-1001

David Hamilton

Solifi Open Finance Platform, covering: Originations, Portfolio Management, ABL, Factoring, Wholesale, Automotive, Equipment Finance

Privately held

PACCAR, Thinksmart, BNP Paribas, Toyota Financial Services, John Deere, DLL Financial Solutions, Exeter Finance, Huntington, Xerox, Hitachi Capital Finance, SANY, Peoples Bank

Full List:
https://leasingnews.org/Ag_leasing/software.htm

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Home Sales Fall, Price Growth Slows
as Mortgage Rates Soar
By Demetria C. Lester, DS News, MReport

The housing market turned a corner in April as the inventory crisis showed signs of subsiding, according to a new report from Redfin. The 9% year-over-year decline in homes for sale was the smallest recorded since March 2020 and the first single-digit drop since the start of the pandemic.

While inventory remained at a record low, it fell at a relatively slow pace due to soaring mortgage rates which tempered homebuyer demand. Home sales slid 8% —the biggest drop since June 2020— which allowed white-hot home-price growth to cool slightly. The median home-sale price rose 16% to $424,000, a slight slowdown from March’s 17% gain.

Median sale prices increased from a year earlier in all of the 88 largest metro areas Redfin tracks.

The largest price increases were in:

• Las Vegas, Nevada (+29%)
• West Palm Beach, Florida (+29%)
• Fort Worth, Texas (+28%)

Home sales fell from the prior year in 87 of the 88 largest metro areas Redfin tracks.

The biggest declines were in:

• West Palm Beach, FL (-30%)
• Anaheim, CA (-26%)
• Bridgeport, CT (-25%)

                                                                    
Competition

• Denver and Indianapolis were the fastest markets, with half of all homes pending sale in just four days. Next came Omaha, Oklahoma City and Portland, OR each with five days on market.
• The most competitive market in April was San Jose, CA where 88.5% of homes sold above list price, followed by 87.7% in Oakland, CA, 78.7% in Denver, 77.8% in San Francisco, and 75.6% in Oxnard, CA.
• Las Vegas had the nation’s highest price growth, rising 29% since last year to $445,000. West Palm Beach, FL had the second highest growth at 28.6% year-over-year price growth, followed by Fort Worth, TX (28.3%), Tampa, FL (27.6%), and Nashville, TN (26.9%).

No metros saw price declines in April.

Redfin Estimate

• Miami (39.3%) had the largest share of homes predicted to sell for below list price, according to Redfin Estimate data, followed by Baton Rouge, LA (32.5%) and Tulsa, OK (29.7%).
• Oakland, CA (94.8%) had the largest share of homes predicted to sell at or above list price, followed by Seattle (94.4%) and San Jose, CA (93.5%).

Average Used Car Loan Interest Rates in May 2022
By John M. Vincent and Nate Parsons, cars.usnews.com

It’s easy to forget that the price tag is only one part of the total cost of buying a used vehicle. Another significant cost is the interest you have to pay on your car loan. (This also pertains to commercial transactions
and the structure is very similar. Editor).

With the average used car costing far more than $20,000, most buyers have to take out an auto loan to afford the purchase. The interest you have to pay on that loan can add thousands to the overall cost. While there are other costs, such as taxes and insurance, to think about, car loan interest is often the second largest cost you’ll face when buying.

Getting a great deal on your car loan interest rate is an excellent way to save money. We’ll show you the average rates available and some strategies to help you find low rates.

Full Article:
https://cars.usnews.com/cars-trucks/average-auto-loan-interest-rates

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

FTC and DOJ Order Twitter to Pay $150 Million
Penalty for Violating Deceptively Using Account
Security Data to Sell Targeted Ads

The Federal Trade Commission is taking action against Twitter, Inc. for deceptively using account security data for targeted advertising. Twitter asked users to give their phone numbers and email addresses to protect their accounts. The firm then profited by allowing advertisers to use this data to target specific users. Twitter’s deception violates a 2011 FTC order that explicitly prohibited the company from misrepresenting its privacy and security practices. Under the proposed order, Twitter must pay a $150 million penalty and is banned from profiting from its deceptively collected data.

FTC Chair Lina M. Khan explained, “As the complaint notes, Twitter obtained data from users on the pretext of harnessing it for security purposes but then ended up also using the data to target users with ads.

"This practice affected more than 140 million Twitter users, while boosting Twitter’s primary source of revenue.”

Associate Attorney General Vanita Gupta, said, said, “The Department of Justice is committed to protecting the privacy of consumers’ sensitive data.

“The $150 million penalty reflects the seriousness of the allegations against Twitter, and the substantial new compliance measures to be imposed as a result of today’s proposed settlement will help prevent further misleading tactics that threaten users’ privacy.”

U.S. Attorney Stephanie M. Hinds for the Northern District of California explained, “Twitter users who share their private information have a right to know if that information is being used to help advertisers target customers.”

California-based Twitter generates most of its revenue from advertising on its platform, which allows users ranging from consumers to celebrities to corporations to post 280-character messages, or tweets.

According to a complaint filed by the Department of Justice on behalf of the FTC, Twitter in 2013 began asking users to provide either a phone number or email address to improve account security. For example, the information was used to help reset user passwords and unlock accounts the company might have blocked due to suspicious activity, as well as for enabling two-factor authentication. Two-factor authentication provides an extra layer of security by sending a code to either a phone number or email address to help users log into Twitter along with a username and password.

From 2014 to 2019, more than 140 million Twitter users provided their phone numbers or email addresses after the company told them this information would help secure their accounts, according to the complaint. Twitter, however, failed to mention that it also would be used for targeted advertising, the FTC alleged. Twitter used the phone numbers and email addresses to allow advertisers to target specific ads to specific consumers by matching the information with data they already had or obtained from data brokers, according to the FTC complaint.

Twitter’s deceptive use of users’ phone numbers and email addresses for targeted advertising also violated the EU-U.S. Privacy Shield and Swiss-U.S. Privacy Shield agreements, which required participating companies to follow certain privacy principles in order to legally transfer data from EU countries and Switzerland.

The Commission alleged that Twitter’s deceptive use of user email addresses and phone numbers violated the FTC Act and the 2011 Commission order, which stemmed from FTC allegations that the company deceived consumers and put their privacy at risk by failing to safeguard their personal information, resulting in two data breaches. The previous order prohibited Twitter from misrepresenting the extent to which the company maintains and protects the security, privacy, confidentiality, or integrity of any nonpublic consumer information.

In addition to the $150 million penalty, other provisions of the proposed order would:

• prohibit Twitter from profiting from deceptively collected data;
• allow users to use other multi-factor authentication methods such as mobile authentication apps or security keys that do not require users to provide their telephone numbers;
• notify users that it misused phone numbers and email addresses collected for account security to also target ads to them and provide information about Twitter’s privacy and security controls;
• implement and maintain a comprehensive privacy and information security program that requires the company, among other things, to examine and address the potential privacy and security risks of new products;
• limit employee access to users’ personal data; and
• notify the FTC if the company experiences a data breach.

The Commission vote to refer the complaint and stipulated final order to the Department of Justice for filing was 4-0. DOJ filed the complaint and stipulated final order in the District Court of Northern California, San Francisco Division. Chair Lina M. Khan and Commissioner Rebecca Kelly Slaughter issued a joint statement. Commissioners Noah Joshua Phillips and Christine S. Wilson issued a separate joint statement.

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

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Leasing News:
Special Memorial Day Edition

For this upcoming Memorial Day weekend, check out these patriotic classic—ranging from harrowing to sensitive to irreverent—for a cinematic celebration of the courage and resolve of the men and women protecting country and freedom.

The Big Parade (King Vidor, 1925): One of the original war-themed blockbusters, this silent-era classic still vibrates with power and poignancy. Set during the early days of World War One, it follows a trio of very different American men as they head overseas for combat. Jim (John Gilbert) is a rich layabout who, over the course of military training, becomes close friends with a pair of working-class fellows, riveter Slim (Karl Dane) and barkeep Bull (Tom O’Brien). Stationed in the French countryside before heading into the battlefield, Jim falls in love with a vivacious young woman named Melisande (Renée Adorée). Face to face with advancing German forces, the soldiers learn the meaning of courage. The great King Vidor directs with a remarkable feeling for large-scale action and intimate emotion.

Story of G.I. Joe (William Wellman, 1945): Life in the battleground has rarely been more vividly captured than in this moving account of World War II grunts. Based on reports by Pulitzer-winning correspondent Ernie Pyle (played by Burgess Meredith), the film chronicles the various crisscrossing stories of American soldiers stationed in North Africa as they move into battle in Italian territory. Along the way, Pyle gets to know several young men, most notably tough Captain Walker (Robert Mitchum, in a star-making early performance). While many wartime movies play like recruitment pamphlets, William Wellman's often overlooked classic is laid out in poignantly understated lines, focusing on the loneliness, fatigue, and yearning experienced by people between moments of terror. Though more difficult to find than other classics, this is one worth seeking out.

Hell in the Pacific (John Boorman, 1968): War is distilled to a match between two men in this provocative, intriguing adventure from British director John Boorman (“Deliverance”). In a Pacific Seas island during World War Two, two officers from opposite armies find themselves stranded. There’s an American pilot (Lee Marvin) on one side, and a Japanese captain (Toshiro Mifune) on the other. In the limited arena of the island, they taunt each other, set traps, and continue to see themselves as enemies. Soon, with the necessities of survival becoming more severe, they grudgingly see the need for collaboration. Without speaking each other’s language, they form a tenuous bond. Making deft use of nature (as well as the two actors’ physicality), Boorman serves up a strikingly visceral parable.

Hacksaw Ridge (Mel Gibson, 2016): Mel Gibson brings a typically visceral conviction to this robust World War II tale. Based on a true story, it follows the trajectory of Desmond T. Doss (played by Andrew Garfield), a young soldier from Virginia whose patriotic duty during wartime clashes ironically with his religious devotion to non-violence. Mocked by fellow grunts for his stance during training, Desmond has to face his biggest challenge after his platoon is sent to Okinawa in one of the bloodiest battles of WWII. Can he make it back from the battlefield alive and with his compassion unshaken? Anchored by Garfield’s earnest performance, this is a vision fascinatingly split between pacifist ideals and blood-spilling struggles. Not for the squeamish, but certainly for fans of impassioned cinema.

Greyhound (Aaron Schneider, 2020): Tom Hanks is in sturdy control in this compact and thrilling wartime drama, which often plays like an American version of Christopher Nolan’s “Dunkirk.” Hanks (who also wrote the screen adaptation of C.S. Forester’s novel) plays Captain Ernest Krause, who commands the USS Keeling (nicknamed “Greyhound”) during the Battle of the Atlantic. Tasked with carrying an Allied convoy across the ocean while evading a German fleet, Ernest must keep things together against overwhelming odds. Keeping the nautical spectacle taut and properly claustrophobic, director Aaron Schneider paints a somber yet gripping portrait of grace under pressure, admirably understated in a genre that often goes for bombast. At the center is Hanks’ effortless integrity, sharply pinpointing the human side of heroism.

Rottweiler  - Mixed Breed
New York, New York  Adopt-a-Dog

Nola

ID# 49106661
Female
1 Year Old
70 lbs.
Location: Foster
Adoption fee $150

Looking for a dog to accompany you on all your outdoor summer adventures? Meet Nola! This beautiful lady loves keeping busy with fun, long walks—and who can blame her with this beautiful weather? In addition to long walks, Nola loves playing fetch or gnawing on really any type of toy and playing with other dogs. She’s a fun lady—who can sometimes have a little too much fun—and would love a family who has just as much zest for life as she does!

• I’d love an adopter who can keep me busy with fun and exercise!
• The world is an exciting place, and I’m still learning how to contain my excitement.
• I’d love to live with older kids, around ages eight and up. I might be too much for really tiny tots!
• I love other dogs and have also lived well with cats!
• If Nola has won your heart, click the “Adopt Me” button to complete an application!

To Start Adoption Process:
https://adopt.adopets.com/application-request/0863b90e-078d-4cf2-bd36-3ad98b468d1f?origin=PET_FULL_PAGE

ASPCA Adoption Center
424 E 92nd St.
New York, NY 10128
(212) 876-7700
https://www.aspca.org/adopt-pet

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Belle Glos - 2020 Clark & Telephone Vineyard Pinot Noir,
Santa Maria Valley, Santa Barbara, California
By Kevan R. Wilkinson, Leasing News Wine Reviewer

I know wine reviews are subjective and that everyone has their preferences. However, I can say without hesitation that Belle Glos Clark & Telephone Pinot Noir is one of the best Pinot Noirs I've ever had.

Belle Glos – 2020 Clark & Telephone Vineyard Pinot Noir is medium-bodied and bursting with sweet red raspberry and blueberry. In addition, it is ultra-velvety, extraordinarily smooth, and serves up a lengthy and mouthwatering finish intertwined with toasted oak and hints of vanilla bean.

We opened this wine at a small family barbecue, and it was an instant favorite. I researched this wine and learned that the winemaker's grandmother co-founded the renowned Caymus Vineyards in Napa Valley.

This Pinot Noir retails for $49/bottle, but it is well worth it. Available online and at select wine shops and markets.

Kevan R. Wilkinson | Digital Content Manager | BALBOA CAPITAL | kevanrw@balboacapital.com| www.balboacapital.com

Previous Wine Reviews
https://leasingnews.org/Pages/wine_reviews.html

News Briefs---

Baby formula crisis: Products from closed plant won't
    hit shelves until at least mid-July, Abbott says
https://www.foxbusiness.com/economy/baby-formula-closed-michigan-plant-hit-shelves-july-abbott

More Memorial Day travel expected,
    despite high gas prices
https://apnews.com/article/covid-health-travel-memorial-day-96925b44e71ebf7920f00d8bdb757e7e

NRA National Conference set for Houston
https://apnews.com/article/politics-texas-violence-shootings-af5b4e62e51370da14381018e1ad46da

Big U.S. Cities Lost More Residents
     as Covid-19 Pandemic Stretched On
https://www.wsj.com/articles/big-u-s-cities-lost-more-residents-as-pandemic-stretched-on-11653537661?st=00zf1tvftc5o32z&reflink=desktopwebshare_permalink

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You May Have Missed---

San Francisco /Bay Area COVID surge tops levels in early 2021
but far fewer hospitalized
https://www.sfchronicle.com/health/article/Bay-Area-COVID-surge-tops-levels-in-early-2021-17196275.php

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Sports Briefs---

Jon Gruden scores initial victory in lawsuit against NFL
https://larrybrownsports.com/football/jon-gruden-lawsuit-nfl-arbitration/597557

Fellow ex-QB competing with Drew Brees for FOX analyst job?
https://larrybrownsports.com/football/mark-sanchez-competing-with-drew-brees-fox-analyst-job/597539

Colin Kaepernick works out for the Las Vegas Raiders.
Here is what we know.
https://www.usatoday.com/story/sports/nfl/2022/05/26/colin-kaepernick-works-out-las-vegas-raiders-what-we-know/9934605002/

Why the Packers Are an Ideal Fit for Julio Jones
in the Twilight of His Career
https://bleacherreport.com/articles/2956487-why-the-packers-are-an-ideal-fit-for-julio-jones-in-the-twilight-of-his-career

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California Nuts Briefs---

Is California’s housing market finally cooling off?
    Here’s the latest data on home sales and prices
https://www.sfchronicle.com/realestate/article/Is-California-s-housing-market-finally-cooling-17185685.php

S.F. population fell 6.3%, most in nation,
to lowest level since 2010
https://www.sfchronicle.com/sf/article/S-F-population-fell-6-3-most-in-nation-to-17199403.php

Sonoma County vintner, business face $3.75 million
fine for alleged environmental damage
https://www.pressdemocrat.com/article/news/sonoma-county-vintner-business-face-3-75-million-fine-for-alleged-environ/

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"Gimme that wine"

We Asked 5 Sommeliers: What’s
    the Most Overrated Napa Wine?
https://vinepair.com/articles/wa-sommeliers-most-overrated-napa-wine/

California Senate approves wine,
spirits bottle recycling bill
https://www.lakeconews.com/news/business/72661-senate-approves-wine-spirits-bottle-recycling-bill

Changemakers at Paso Robles’ Tin City Blend Wine,
Culture, and Ingenuity
https://mag.sommtv.com/2022/05/tin-city/

“Gimme that Wine”
http://www.youtube.com/watch?v=EJnQoi8DSE8

Free Wine App
https://www.nataliemaclean.com/mobileapp/

Wine Prices by vintage
http://www.winezap.com
http://www.wine-searcher.com/

US/International Wine Events
http://www.localwineevents.com/

This Day in History

    1664 - Colonial theologian Increase Mather, 24, was installed as minister of Boston's Second (Congregational) Church. He remained there until his death in 1723.
   1679 – Habeus corpus, a tenet of the US Constitution, was passed by the British Parliament.
    1771 - 150 lives were lost in the Richmond, Virginia area in the Great James River Flood.
    1794 – American industrialist Cornelius Vanderbilt (d. 1877) was born, Staten Island, NY.   He built his wealth in railroads and shipping. Born poor and with but a mediocre education, his luck, perseverance and intelligence led into leadership positions in the inland water trade and the rapidly-growing railroad industry. He is best known for building the New York Central Railroad.  As one of the richest Americans in history, he provided the initial gift to found Vanderbilt University.
    1796 - James S. McLean patented his piano
    1813 - Americans captured Fort George, Canada. Fort George served as the headquarters for the Centre Division of the British Army. These forces included British regulars, local militia, aboriginal warriors, and Runchey’s corps of freed slaves. The U.S. forces used the fort as a base to invade the rest of Upper Canada; however, they were repulsed at the Battles of Stoney Creek and Beaver Dams. 
    1818 - American social reformer and women's rights advocate Amelia Jenks Bloomer (d. 1894) was born at Homer, NY. Her name is remembered especially because of her work for more sensible dress for women and her recommendation of a costume hat had been introduced about 1848 by Elizabeth Smith Miller but came to be known as the “Bloomer Costume” or “Bloomers.”
    1819 - Birthday of Julia Ward Howe (d. 1910), NYC.  Author, women's rights activist, and reformer who became a national institution, sometimes referred to as the Queen Victoria of the United States. She is best known historically for her poem “Battle Hymn of the Republic” (1862).   She edited the influential “Woman's Journal”(1870-1890), was the first woman member of the American Academy of Arts and Letters, and was the first president (1868-1877, 1893-1910) of the New England Woman Suffrage Association.  She worked hard for equal education and professional and business opportunities for women after seeing the terrible economic plight of Civil War widows.
    1836 – Birthday of American financier and railroad executive Jay Gould (d. 1892), Roxbury, NY.  He was a leading railroad developer and speculator, referred to as one of the ruthless robber barons, whose success at business made him the ninth richest U.S. citizen in history.  In 1859, Gould began speculative investing by buying stock in small railways. Gould's father-in-law, Daniel S. Miller, suggested that Gould help him save his investment in the Rutland and Washington Railroad in the Panic of 1857. Gould purchased stock for 10 cents on the dollar, which left him in control of the company.  Through the Civil War era, he did more speculation on railroad stocks in New York City. The Erie Railroad encountered financial troubles in the 1850s, despite receiving loans from financiers Cornelius Vanderbilt and Daniel Drew. The Erie entered receivership in 1859 and was reorganized as the Erie Railway. Gould, Drew and James Fisk engaged in stock manipulations with the result that in the summer of 1868, Drew, Fisk, and Vanderbilt lost control of the Erie, while Gould became its president.  It was during the same period that Gould and Fisk became involved with Tammany Hall, the New York City political ring. They made Boss Tweed a director of the Erie Railroad, and Tweed, in return, arranged favorable legislation for them.  In August 1869, Gould and Fisk began to buy gold in an attempt to corner the market, hoping that the increase in the price of gold would increase the price of wheat such that western farmers would sell, causing a great amount of shipping of bread stuffs eastward, increasing freight business for the Erie railroad. During this time, Gould used contacts with President Grant’s brother-in-law, Abel Corbin, to try to influence the president and his Secretary General Horace Porter. These speculations in gold culminated in the panic of Black Friday, on September 24, 1869, when the premium over face value on a gold Double Eagle fell from 62 percent to 35 percent. Gould made a small profit from this operation, but lost it to subsequent lawsuits. The gold corner established Gould's reputation in the press as an all-powerful figure who could drive the market up and down at will.
    1837 – Birthday of Wild Bill Hickock (d. 1876), born James Butler Hickok, Troy Grove, IL.  American frontiersman, army scout, marksman and gambler.  He fought (and spied) for the Union Army during the Civil War and gained publicity after the war as a scout, marksman, actor and professional gambler. Hickok was involved in several notable shootouts.  He was shot from behind and killed while playing poker in a saloon in Deadwood, Dakota Territory, by an unsuccessful gambler, Jack McCall. The hand of cards which he supposedly held at the time of his death (black aces and eights) has become known as the "Dead Man’s Hand."
    1850 - Mormon Temple in Nauvoo IL destroyed by tornado
http://en.wikipedia.org/wiki/Nauvoo_Temple
http://lincoln.lib.niu.edu/gal/hlewis54.html
http://www.americanwest.com/trails/pages/mormtrl.htm
    1863 - Chief Justice Roger B. Taney of Marylandissues Ex parte Merryman, challenging the authority of President Lincolnand the U.S. military to suspend the writ of habeas corpus (the legal procedure that prevents the government from holding an individual indefinitely without showing cause) in Maryland.  After Lincoln suspended the writ in parts of Maryland, Taney ruled that only Congress had the power to take this action. Lincoln ignored the court's order and continued to have arrests made without the privilege of the writ.
    1873 - The first running of the Preakness Stakes at Pimlico Race Track, Baltimore, MD, was won by Survivor with a time of 2:43. The winning jockey was G. Barbee, and the winning owner took one-year possession of a Woodlawn Vase, a trophy created in 1860 by Tiffany and Co. The Preakness was named for the colt that won the Dinner Party Stakes on the day the track opened in 1870. Preakness was shipped to Europe after being purchased by the Duke of Hamilton, who, sometime later in a fit of pique, shot the horse dead.
    1878 – (or May 26) Isadora Duncan (d. 1927) was born in San Francisco.  World famous interpretive dancer who revolutionized the entire concept of dance. Bare-footed, freedom-loving, liberated woman and rebel against tradition, she experienced worldwide professional success and profound personal tragedy. Her two children drowned, her marriage failed and she met a bizarre death when the long scarf she was wearing caught in a wheel of the open car in which she was riding, strangling her in Nice, France.
http://www.sfmuseum.org/bio/isadora.html
http://www.isadoraduncan.org/
    1894 - Dashiell Hammett (d. 1961) was born in St. Mary’s County, MD.  My son is named after him. He is best known as the author of “The Maltese Falcon.” He lived with writer Lillian Hellman and worked with her on many of her plays. His first two novels, “Red Harvest” (1929) and “The Dain Curse” (1929) were based on his eight years spent as a Pinkerton Detective in San Francisco. Hammett is recognized as the founder of the "hard-boiled" school of detective fiction. All his books were made into movies and it was not until he was called to testify but refused to name members of an alleged subversive organization during House Un-American Activities Committee hearings in the early 1950s, that he stopped writing. It is a longer story than this, outlined in Lillian Hellman's autobiography.
http://www.kirjasto.sci.fi/dhammett.htm
    1896 - First major tornado to strike urban US (St Louis, MO & E. St Louis, IL). Labeled a cyclone, in less than fifteen minutes, reportedly killed 256 in St. Louis and East St. Louis, 85 missing, killing over 40 in remote towns, and leaving thousands homeless.
http://www.usgennet.org/usa/mo/county/stlouis/cyclone.htm
http://www.crh.noaa.gov/lsx/climate/torcli/violent.htm
    1904 – Dennis McGann of the NY Giants set the Major League record for stolen bases with 5 against the Brooklyn Superbas. The feat was not duplicated until 1974 by the Dodgers’ Davey Lopes.  Otis Nixon eventually set a new mark with six stolen bases on June 16, 1991.
    1907 - Birthday of American scientist and author Rachel Louise Carson (d. 1964), at Springdale, PA. Author of “Silent Spring” (1962), a book that provoked widespread controversy over the use of pesticides.
http://www.rachelcarson.org/index.cfm?fuseaction=bio
    1907 – Bubonic plague broke out in San Francisco, barely a year after the great earthquake and fires destroyed the town. 
    1911 - Birthday of Hubert Horatio Humphrey (d. 1978), born Wallace, SD. Mayor of Minneapolis, MN (1945-48). Humphrey successfully led the fight for a strong party stand on civil rights at the 1948 Democratic National Convention. He was elected to the US Senate in 1948, the first Democratic senator to come from Minnesota since the Civil War. He served five terms; in 1961 he was the Senate Democratic whip. In 1964, he was elected Vice President under Lyndon Johnson. As the Democratic nominee for President, he was narrowly defeated by Richard Nixon in 1968.
    1911 - Birthday of actor Vincent Price (d. 1993) at St. Louis, MO.  Best known for his portrayal of sinister villains in horror films.
    1912 - Birthday of “Slammin” Sam Snead (d. 2002), the winningest US tour golfer of the 20th century, at Hot Springs, VA. He turned pro in 1934 and went on to become the only golfer to win tournaments in six different decades. He won 84 US Tour events and 182 tournaments in total. Snead always wore a snappy straw hat and was a favorite on the Tour. He was one of the founders of the U.S. Senior Tour.  At the 1952 Jacksonville Open, Snead forfeited rather than play an 18-hole playoff against Doug Ford after the two golfers finished in a tie at the end of regulation play. The forfeit stemmed from a ruling Snead received during the tournament's second round of play. On the 10th hole, Snead's drive landed behind an out of bounds stake. While Chick Harbert, who was playing with Snead, thought the ball was out of bounds, a rules official ruled differently due to the starter not telling players the stakes had been moved since the previous day's play had ended. Afterwards, Snead explained why he forfeited even though Ford suggested they play sudden death for the title. "I want to be fair about it. I don't want anyone to think I took advantage of the ruling."
    1912 – Birthday of John Cheever (d. 1982) at Quincy, Massachusetts. American writer, wrote of the emptiness of middle-class, suburban America and portrayed its manners and morals with ironic humor. His career began with expulsion from the Thayer Academy in his junior year -- the subject of his first short story, "Expelled."
http://www.kirjasto.sci.fi/cheever.htm
    1915 - Author Herman Wouk was born in The Bronx. His best-selling 1951 novel “The Caine Mutiny” won the Pulitzer Prize for Fiction. His first novel thereafter was “Marjorie Morningstar” (1955), which earned him a Time magazine cover story.  His other works include the highly acclaimed “The Winds of War” and “War and Remembrance,” historical novels about World War II, reflective of his service as an officer aboard two destroyer minesweepers during World War II.
    1917 - 67 people were killed and 345 were injured when an F4 tornado tracked 50 miles through Lake County in Tennessee and Fulton, Hickman, and Graves Counties in Kentucky
    1923 - Birthday of Henry Kissinger, former US Secretary of State during the Nixon Administration. He was born Heinz Alfred Kissinger in Fuerth, Germany. History generally credits Kissinger as the leader of the talks that led to the end of the Vietnam War.
    1926 - Alto Sax player Bud Shank (d. 2009) birthday, born Clifford Everett Shank, Dayton, OH.
http://www.budshankalto.com/Bio.html
http://www.npr.org/programs/jazzprofiles/archive/shank.html
    1927 - Birthday of Ralph Carmichael, Quincy, IL.  A popular sacred composer whose works flourished most during the 1960s-1970s. Among his often sung arrangements are "The Savior is Waiting" and "He's Everything to Me."
    1927 – Ford Motor Company ceased manufacture of the Model T and began to retool plants to make the Model A.  The Model T is generally regarded as the first affordable automobile, the car that opened travel to the middle-class American.  Some of this was because of Ford's efficient fabrication, including assembly line production instead of individual hand crafting.  The Ford Model T was named the most influential car of the 20th century in the 1999 Car of the Century competition; with 16.5 million sold, it stands eighth on the top ten list of most sold cars of all time as of 2012.  
    1930 - Richard Gurley Drew received a patent for his adhesive tape, later manufactured by 3M as Scotch tape.
    1930 – The Chrysler Building opened to the public in NYC, then the tallest man-made structure at 1,046 feet.
    1931 - A tornado struck the "Empire Builder" near Moorhead, Minnesota. Five coaches weighing 70 tons each were lifted off the track. One was carried 80 feet. 57 of the 117 passengers were injured and one was blown through a window and killed.
    1933 – The Federal Securities Act was signed into law requiring the registration of securities using the means and instrumentalities of interstate commerce be registered with the Securities Exchange Commission.
    1937 - Ceremonies marking the opening of the Golden Gate Bridge were held in San Francisco, California and the first pedestrians crossed the Golden Gate, so many that the normally curved surface roadway was flattened. The bridge has been called one of the greatest engineering marvels in the world.
http://www.goldengatebridge.org/research/Walk.jpg
http://www.greatbuildings.com/buildings/Golden_Gate_Bridge.html
    1937 – ‘King’ Carl Hubbell of the NY Giants won his 24th consecutive victory over two seasons, defeating the Cincinnati Reds, 3-2, in relief.
    1941 – President Franklin D. Roosevelt announces a state of unlimited national emergency in response to Nazi Germany’s threats of world domination on this day in 1941. In a speech on this day, he repeated his famous remark from a speech he made in 1933 during theGreat Depression: ‘The only thing we have to fear is fear itself.”  Across to the North Atlantic, the German battleship, Bismarck, was sunk, killing almost 2,100 men.  She was attacked by obsolescent British biplane bombers from the aircraft carrier HMS Ark Royal; one scored a hit that rendered the battleship's steering gear inoperable. The following morning, Bismarck was neutralized by a sustained bombardment, was scuttled by her crew, and sank.   
    1942 - The Japanese invasion fleet for Midway puts to sea from Saipan and Guam with troop transports carrying 5000 men. They are escorted by cruisers and destroyers. Likewise, the invasion force for the Aleutians sets sail in two groups from Ominato. 
    1943 - The first president of an African country to visit the United States was President Edwin James Barclay of the Republic of Liberia, who addressed the Senate on May 27, 1943, the day following his arrival. The President and Vice-President elect accompanied him after he was welcomed by President Franklin Delano Roosevelt.
    1945 - For the first time in history, an entire army is moved by air transport. American aircraft fly the Chinese 6th Army from Burma to China.
    1950 - Frank Sinatra made his TV debut as he appeared on NBC's "Star-Spangled Review" with show biz legend, Bob Hope.
    1955 - Top Hits
“Cherry Pink and Apple Blossom White” - Perez Prado
“Unchained Melody” - Les Baxter
“Learnin' the Blues” - Frank Sinatra
“In the Jailhouse Now” - Webb Pierce
    1957 - Buddy Holly and the Crickets, "That’ll Be the Day," written by Holly and Jerry Allison.  It was certified gold - for over a million US sales - in 1969 by the RIAA and was inducted into the Grammy Hall of Fame in 1998.  In 2005, the recording was placed in the National Recording Registry, a list of sound recordings that "are culturally, historically, or aesthetically important, and/or inform or reflect life in the United States."  The song had its genesis in a trip to the movies by Holly, Allison and Sonny Curtis in June, 1956. The John Wayne movie, “The Searchers” was playing. Wayne's frequently-used, world-weary catchphrase, "that'll be the day" inspired the young musicians.
    1960 – Orioles’ catcher Clint Courtney used an oversized mitt in an effort to handle the pitches of knuckleballer Hoyt Wilhelm. The mitt, designed by Baltimore manager Paul Richards, was 50 percent larger than the standard. Courtney handled Wilhelm's pitches flawlessly in a 3-2 win over the Yankees. The oversized mitt was later banned.
    1961 - Ralph Boston of the US, sets the long jump record at 27' ½".
He broke the world record six times in his career.
http://vm.mtsac.edu/relays/HallFame/Boston.htm
    1962 - Anton Webern's "Eight Early Songs" & "Langsamer Satz" premier, Seattle, Washington.
    1962 - At the Grammy Awards in New York, Andy Williams' "Moon River," from the movie “Breakfast at Tiffany's”, is named both Record and Song of the Year.
    1963 - Bob Dylan releases his second album, “The Freewheelin' Bob Dylan,” which goes on to transform him from a popular local act to a global phenomenon.
    1963 - Top Hits
“If You Wanna Be Happy” - Jimmy Soul
“Surfin' USA” - The Beach Boys
“Foolish Little Girl” - The Shirelles
“Lonesome 7-7203” - Hawkshaw Hawkins
    1964 – The second of the Bond franchise of movies, Ian Fleming’s "From Russia with Love" premieres in US.  It is based on the Ian Fleming novel of the same name, written in 1957.  In the film, James Bond is sent to assist in the defection of Soviet consulate clerk in Turkey, where SPECTRE was planning to avenge Bond's killing of Dr. No.  Following the success of “Dr. NO” which launched the franchise in the US, United Artists approved a sequel and doubled the budget available for the producers. “From Russia with Love“ was a critical and commercial success, taking over $78 million in worldwide box office receipts, more “Dr. No.”
http://movie-reviews.colossus.net/movies/f/from_russia.html
http://www.imdb.com/title/tt0057076/
    1967 - FLEEK, CHARLES CLINTON, Medal of Honor
Rank and organization: Sergeant, U .S. Army, Company C, 1st Battalion, 27th Infantry, 25th Infantry Division. Place and date: Binh Duong Province, Republic of Vietnam, 27 May 1967. Entered service at Cincinnati, Ohio. Born: 28 August 1947, Petersburg, Ky. Citation: For conspicuous gallantry and intrepidity in action at the risk of his life above and beyond the call of duty. Sgt. Fleek distinguished himself while serving as a squad leader in Company C, during an ambush operation. Sgt. Fleek's unit was deployed in ambush locations when a large enemy force approached the position. Suddenly, the leading enemy element, sensing the ambush, halted and started to withdraw. Reacting instantly, Sgt. Fleek opened fire and directed the effective fire of his men upon the numerically superior enemy force. During the fierce battle that followed, an enemy soldier threw a grenade into the squad position. Realizing that his men had not seen the grenade, Sgt. Fleek, although in a position to seek cover, shouted a warning to his comrades and threw himself onto the grenade, absorbing its blast. His gallant action undoubtedly saved the lives or prevented the injury of at least 8 of his fellow soldiers. Sgt. Fleek's gallantry and willing self-sacrifice were in keeping with the highest traditions of the military service and reflect great credit on himself, his unit, and the U.S. Army.
    1967 - Columbia and RCA announce plans to raise the price of long-playing LP (33 rpm) records one dollar to a high of $4.98.
    1968 – For the first time in history, Major League Baseball expanded outside the US, granting a franchise to Montreal as they also admitted San Diego.  The Expos would become the property of MLB due to financial difficulties and eventually the team was sold in 2004 to the Lerner family who moved it to Washington, DC, currently the Nationals.
    1969 - PHIPPS, JIMMY W., Medal of Honor
Rank and organization: Private First Class, U.S. Marine Corps, Company B, 1st Engineer Battalion, 1st Marine Division (Rein), FMF. Place and date: Near An Hoa, Republic of Vietnam, 27 May 1969. Entered service at: Culver City, Calif. Born: 1 November 1950, Santa Monica, Calif. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty while serving as a combat engineer with Company B in connection with combat operations against the enemy. Pfc. Phipps was a member of a 2-man combat engineer demolition team assigned to locate and destroy enemy artillery ordnance and concealed firing devices. After he had expended all of his explosives and blasting caps, Pfc. Phipps discovered a 175mm high explosive artillery round in a rice paddy. Suspecting that the enemy had attached the artillery round to a secondary explosive device, he warned other marines in the area to move to covered positions and prepared to destroy the round with a hand grenade. As he was attaching the hand grenade to a stake beside the artillery round, the fuse of the enemy's secondary explosive device ignited. Realizing that his assistant and the platoon commander were both within a few meters of him and that the imminent explosion could kill all 3 men, Pfc. Phipps grasped the hand grenade to his chest and dived forward to cover the enemy's explosive and the artillery round with his body, thereby shielding his companions from the detonation while absorbing the full and tremendous impact with his body. Pfc. Phipps' indomitable courage, inspiring initiative, and selfless devotion to duty saved the lives of 2 marines and upheld the highest traditions of the Marine Corps and the U.S. Naval Service. He gallantly gave his life for his country.
    1971 - Top Hits
“Joy to the World” - Three Dog Night
“Brown Sugar” - The Rolling Stones
“Me and You and a Dog Named Boo” - Lobo
“I Won't Mention It Again” - Ray Price
    1972 - Soviet President Leonid Brezhnev and U.S. President Richard Nixon, meeting in Moscow, sign the Strategic Arms Limitation Talks (SALT) agreements. At the time, these agreements were the most far-reaching attempts to control nuclear weapons ever.
    1974 - Lisa Marie Presley, then five, meets an 11-year-old Michael Jackson for the first time when Elvis brings her to the Jackson 5 show at the Sahara in Vegas. 
    1977 - Val-Kill Cottage in Hyde Park, New York, was named a National Historic site. The only residence Eleanor personally owned, it would be her home after the death of her husband. Eleanor Roosevelt used it as a retreat in her younger years with her woman friends and made it her home in later years. It was a gift from her husband, President Franklin D. Roosevelt, near his family's estate in Hyde Park. He wanted her to have a private place. He had a special bridge built that rumbled to warn of visitors.
http://www.nps.gov/elro/ 
http://www.gwu.edu/~erpapers/abouteleanor/q-and-a/glossary/val-kill.htm
http://www.ervk.org/ervkhistory.htm
http://www.sodamail.com/cgi-bin/gt/tpl.h,content=6899
    1979 - Top Hits
“Reunited” - Peaches & Herb
“Hot Stuff” - Donna Summer
“Love You Inside Out” - Bee Gees
“If I Said You Had a Beautiful Body Would You Hold It Against Me” - Bellamy Brothers
    1984 - Thunderstorms unloaded 8.63 inches of rain on Tulsa, Oklahoma in only 6 hours. The resultant flash flooding killed 14 people and total damage was $89.6 million.
    1985 - The Boston Celtics defeated the Los Angeles Lakers, 148-114, in the first game of the NBA championship series, setting a new record for total points by a team.
    1987 - Severe thunderstorms in West Texas produced baseball size hail at Crane, hail up to 3.5 inches in diameter at Post, and grapefruit size hail south of Midland. 5 days of flooding commenced in Oklahoma. Thunderstorms deluged Central Oklahoma with 7 to 9 inches of rain. Oklahoma City was drenched with 4.33 inches of rain in just 6 hours.
    1987 - Top Hits
“With or Without You” - U2
“The Lady in Red” - Chris DeBurgh
“You Keep Me Hangin' On” - Kim Wilde
“Can't Stop My Heart from Loving You” - The O'Kanes
    1997 – Revenue sharing in Major League Baseball began.  The New York Yankees paid almost $28M.
    1997 – Seattle Mariner Ken Griffey, Jr., broke his own Major League record for HRs hit through May by connecting for his 23rd.
    1997 - The Supreme Court ruled that Paula Corbin Jones can pursue her sexual harassment lawsuit against President Bill Clinton while he is in office.  The case precipitated Clinton's impeachment and acquittal by the Senate on February 12, 1999. Charges of perjury and obstruction of justice were brought against Clinton but the court dismissed the harassment lawsuit, before trial, on the grounds that Jones failed to demonstrate any damages. However, while the dismissal was on appeal, Clinton entered into an out-of-court settlement by agreeing to pay Jones $850,000, in exchange for her agreement to drop the appeal.  In April 1999, Clinton was declared in civil contempt of court for misleading testimony in the Jones case and was ordered to pay $1,202 to the court and an additional $90,000 to Jones's lawyers for expenses incurred. Clinton's conduct was referred to the Arkansas Bar for disciplinary action, and on January 19, 2001, the day before Clinton left the office of president, he entered into an agreement with the Arkansas Bar under which Clinton was stripped of his license to practice law in Arkansas for a period of five years.
    1998 – Michael Fortier was sentenced to 12 years in prison and fined $200,000 for failing to warn authorities about the terrorist plot that was the Oklahoma City bombing, carried out by Timothy McVeigh and Terry Nichols.  Fortier and McVeigh were Army roommates.  In October 1994, McVeigh showed Michael Fortier and his wife, Lori, a diagram he had drawn of the bomb he wanted to build.
     2000 - The Cardinals pay tribute to Hall of Famer hurler Dizzy Dean by dedicating a statue, created by sculptor Harry Weber, outside of Busch Stadium. The colorful character joins Enos Slaughter, Bob Gibson, Lou Brock, Stan Musial, and Red Schoendienst to be honored in such a manner by the Redbirds.
    2008 - Famous director and producer Sydney Pollack died at the age of seventy-three from cancer. The Oscar-winning director died surrounded by family only ten months after being diagnosed with cancer. He had directed such films as “Out of Africa,” “Tootsie,” and “The Firm.”
    2011 – Crew members of the Endeavour space shuttle Mike Fincke and Greg Chamitoff took what is potentially the last spacewalk ever conducted by a space shuttle crew.
    2014 - Google revealed its self-driving car.  The prototype can drive 25 miles per hour and safely respond to a variety of situations; it should be road-ready sometime after 2016; Ford, Tesla and other firms are also working on self-driving technology 
Stanley Cup Champions:
    1975 - Philadelphia Flyers