Connect with Leasing News
 Add me to mailing list  |     |     Search |  Stress Release

Advertising | All Lists | Archives | Classified Ads | This Day In American History

Independent, unbiased and fair news about the Leasing Industry

Midwest Sales Representative
(as far east as Michigan, as far west as Colorado, as far
south as Texas, and as far north as Minnesota)

Construction, Trucking, Machine Tools, Waste Equipment
Credit application only up to $250K, vendor driven, fast approvals
Broker inquiries welcome
contact: Chris Chiappetta at 

In the last 25 years National Machine Tool Financial has evolved into the premier outsource captive finance company for many major manufacturers.

Wednesday, November 16, 2011

Today's Equipment Leasing Headlines

Correction---Navitas Lease Not Sold
  Classified Ads---Controller
 Ed Castagna Introduces "The Fast Way to be Sold!"
  Navitas joins
   Companies who notify lessee in advance of lease expiration
    and require their discounter to also notify lessee in advance
  Funding Well Capital joins "Broker/Lessor" List
    Cartoon---Dog advertises on the web
     Classified Ads---Help Wanted
       Remembering Jeff Wong, Great Person, Leasing Attorney
        Cost of Funds Report
      10 Richest Countries in the World
  Letters!?---We get Email!
    Five Million Mortgage Loan Mods Since 2007
     Madison, Wisconsin Adopt-a-Dog
      Classified ads—Finance / Human Resources
News Briefs---
 Stanford develops super-fast computer device
  Credit Cards Won't Exist In The Next Few Years
    US Postal Service takes $5bn loss, warns of more
     Dell expects disk drive shortage to hurt revenue
      Paterno in line for six-figure annual pension
       Canada introduces plastic $100 bill
        How Game Minecraft is taking over the world
         Salvation Army Bell Ringers Go Digital This Season

Broker/Funder/Industry Lists | Features (collection)
Top Ten Stories Chosen by Readers | Top Stories last six months

Free Access: Wine Spectator Top 2011 100 wines
  You may have missed
    Sports Briefs---
     California Nuts
     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. It is considered “bias” as it is the writer’s viewpoint.


Correction---Navitas Lease Not Sold

Other leasing media are reporting that "BlueMountain Capital Buys Navitas Lease Corp." Gary Shivers, President and CEO of Navitas, says, “It is not correct.”

The story in the Leasing News November 7th edition reported "Former Head of Marlin Leasing Grows His New Company." The story concerned the closing of a $22 million Series B Preferred Stock investment led by BlueMountain Capital Management, LLC.

“We raised additional capital for growth, “Shrivers told Leasing News. “Blue Mountain is a major share holder, but there are other private equity investors including myself and certain employees."

Former Head of Marlin Leasing Grows His New Company



Classified Ads---Controller

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


Chicago, IL
experienced in lease accounting, operations, management, and Sarbanes-Oxley. Seeking position with equipment lessor. Would consider contract assignments or relocating. 
Southeastern, MI
Controller & Management experience w/ equip lessors &broker. MBA, CPA w/ extensive accounting, management, securitization experience with public and private companies. Willing to relocate. 

Southern CA
20 years exp. as hands-on leasing CFO, managing accounting, treasury, FP&A, including securitizations, Great Plains/FRx, budgets, risk management.  MBA.  Also available as interim Controller/CFO, consultant. 

Free Posting for those seeking employment in Leasing:

All “free” categories “job wanted” ads:


Ed Castagna Introduces "The Fast Way to be Sold!"

Long time expert on appraisals and liquidations, Ed Castagna’s new company is aimed an "on line" auctions primarily for the finance and leasing industry, although he has a good sized following from bankruptcy trustees, government agencies, as well banks from large to small community banks.

More about his company can be obtained by going here:

On Line Equipment Auction List

This is not a list of companies who hold auctions primarily, but those who conduct on line auctions. Online Auctions – Monthly Sales, Weekly Heavy Equipment Auction Every Tuesday. And Bi-Weekly Auctions From The Tennessee Department Of General Services Every Other Tuesday. Tractor, Mower, Dump Truck, Mower, Cutter, 13 Tire Roller All types of Equipment Trucks and vehicles Both live and virtual online auction format, light and heavy equipment for the construction and transportation industry Mostly trucks and related equipment Heavy Equipment, Truck and Machinery Industry
Online Gov't Surplus Auctions - Over 1,000 Government Clients Caters to lessors, lenders, and bankruptcy trustees, conducting both virtual and live auctions of all types of assets including:  Agricultural, Medical, Industrial, Transportation, Trucks, Construction, Real Estate, etc.  Appraisals - on site and desktop. Cranes, Trailers, Equipment Trucks Construction Equipment & Trucks Municibid is an online government auctions website designed specifically for the sale of surplus and forfeited/seized goods directly by the government Salvaged equipment for both re-seller and end user. Mostly farm equipment Government Online Auctions - Servicing Government Agencies for over a Decade

List of many auction sites for consumer and vehicle:

Online Auction Site Review (15 sites)


joins Companies who notify lessee in advance of lease expiration
   and require their discounter to also notify lessee in advance

(Does not included RLC Funding up-date)

A -Accepts Broker Business | B -Requires Broker be Licensed | C -Sub-Broker Program| D -"Private label Program" | E - Also "in house" salesmen

We do very few true leases and none have come to term.  We will notify our customers, it is required in some states and it is a good business practice.”
Gary Shivers

ABCO Leasing
Advantage Funding
Agility Ventures LLC
Allegiant Partners
American Leasefund, Inc.
Balboa Capital Corp.
Bank of Ozarks Leasing
Bankers Capital
Bank of the West, Indirect Equipment Finance
Black Rock Capital
BSB Leasing
Capital Technology & Leasing, LLC
Cobra Capital, LLC
Commerce National Bank
Dakota Financial, LLC
Direct Capital


Five Point Capital, Inc
Forum Financial Services, Inc.
Gonor Funding
GreatAmerica Leasing
Madison Capital
Manufacturer's Lease Plans, Inc
Marquette Equipment Finance
Mesa Leasing
Maxim Commercial Capital
Mount Pleasant Capital
National Machine Tool Financial Corporation
Navitas Lease Corp.
Northwest Leasing Company
Pacifica Capital
Pawnee Leasing Corporation

Standard Professional Services, LLC
TEAM Funding Solutions


Full List of those who inform lessee about lease termination,
   and require their discounter to also notify lessee in advance


Please send Leasing News and ask them to subscribe. We are Free!


Funding Well Capital joins "Broker/Lessor" List

Funding Well Capital, Inc.
Rancho Santa Margarita, CA
Mark Riggs
(949) 600-7878ext. 411
(866) 578-WELL (9355)

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

Full Broker/Lessor List:







Remembering Jeff Wong, Great Person, Leasing Attorney

Jeff Wong

Many professionals remember Jeff Wong's definitive book on leasing, published by Mathew Bender, up-dated by his good friend and partner, Barry Dubin. In addition to his brilliant legal mind and personality, he is also remembered for two other terrific attributes: stand-up comic and lover of excellent food and wine.

He passed away November 16, 2001. He died at age 58. The San Francisco Bohemian Club was central to his life and he was a talented and gifted comedian. He was a graduate of Princeton, class of '65 and UC Hastings College of Law. An avid golfer, he was a long time member of the Presidio and Olympic Golf Clubs.

His amazing sense of humor, generosity of spirit and joie de vivre, made him a special favorite among the many clubs and organizations to which he belonged." He was quoted often in the popular San Francisco Chronicle Herb Caen's column as a real bon vivant.

Even his singing at the many leasing conferences he attended is remembered by many...but perhaps to those of us who were able to have lunch or dinner with him, his best attribute was knowing where to eat. Not only was it a great pleasure to enjoy his company, but he really knew his restaurants, and the owners knew him, too.

First as Dinkelspiel and Dinkelspiel and then as Cooper-White-Cooper, he printed out his rating of restaurants, which he passed to clients, friends, and those in the San Francisco Bay Area. It was a treasure to have.

Attached is his last restaurant guide, over ten years ago, and it is not out of date.

If you go to one of these restaurants, give a toast to the late Jeffrey Wong, who is greatly missed and will not be forgotten by those of us who knew him.

Kit Menkin, editor

Jeff's Restaurant Guide

Leasing Industry Help Wanted

Midwest Sales Representative
(as far east as Michigan, as far west as Colorado, as far
south as Texas, and as far north as Minnesota)

Construction, Trucking, Machine Tools, Waste Equipment
Credit application only up to $250K, vendor driven, fast approvals
Broker inquiries welcome
contact: Chris Chiappetta at 

In the last 25 years National Machine Tool Financial has evolved into the premier outsource captive finance company for many major manufacturers.

Tempe, Arizona
5 Independent Sales Representatives
Most Aggressive Commission Plan Supplier Leads
From Distribution & Manufacturer Semi-Captive Programs Fantastic Work Environment Experienced Sales Only
Full Job Description Click Here

National Sales Representative
Direct, vendor based, small ticket ($10K-150K) leasing company looking for experienced sales representatives.
If you need more support, flexibility and a
stronger source of funds call Falcon.
Want to learn more - click here

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

Please see our Job Wanted section for possible new employees.


Cost of Funds Report


The National Monthly Median Cost of Funds Ratio for OTS Regulated Institutions is 1.25% as of November 15, 2011 for the period September, 2011.

2011: 1.25%
2010: 1.66%
2009: 2.26%
2008: 2.99%
2007: 3.39%

Current Cost of Funds Index:

Historic Cost of Funds Index:

Mr. Terry Winders, CLP
Anaheim, California

December 12-14th
Two and One Half-Day Seminar

The seminar will contain information on how to approach leasing in 2012 with the following subjects:

  • New lease language
  • Proposed new accounting rules for lessee's
  • Structuring and pricing for competition
  • Income tax rules, Article 2A vs. Article 9
  • New reasons to lease
  • Questions to ask lessee
  • Vendor needs
  • Credit enhancements
  • Documentation issues

and a take home assignment to see how to propose a lease.

Cost $450 per person

sponsored by
Commerce National Bank
4040 MacArthur Blvd. Suite 100 
Newport Beach CA 92660
(Orange County Airport is a half-mile away)

To request a complete outline contact: leaseconsulting@msn.comor for questions call 502-649-0448

(This ad is a “trade” for the writing of this column. Opinions
contained in the column are those of Mr. Terry Winders, CLP)


10 Richest Countries in the World
(According to the 2011 Credit Suisse Global Wealth Report)

This is measured by median wealth (the middle number in a given sequence of numbers taken as the average of the two middle numbers when the sequence has an even number of numbers: 4 is the median of 1,3, 4, 8,9.)

1. Switzerland

2. Australia

3. Norway

4. France

5. Singapore

6. Sweden

7. Belgium

8. Italy

9. United Kingdom

10. Japan

"Total household wealth in Asia Pacific increased 23% from USD 61 trillion in January 2010 to USD 75 trillion in June 2011. This sharply contrasted with the 9.2% and 4.8% total wealth growth in North America and Europe over the same period respectively, reflective of the global megatrend of the continued shift of economic power from the developed world to emerging economies.

“The Report finds that Europeans are sitting on much higher average debt per adult at USD 25, 550, versus USD 9,227 in Asia Pacific. The sharp divergence in indebtedness in Europe and Asia provides significant scope for Asia and Europe to work together to relieve the euro debt crisis.”

(At press time, Credit Suisse has not made public the whole top 10 for the other list where Australia comes out top on. It is strange to see USA and Canada are not in the top ten, although both countries increased their number of billionaires and millionaires. With recent news of people in the poverty level in the United States, it seem the divide must be getting wider.

(In another study, “CEOs, other executives, Wall Street bankers and other financiers make up 45 percent of the 1-percenters, according to a 2010 review of tax returns by three economists.”


John Kenny Receivables Management

• End of Lease Negotiations & Enforcement• Fraud Investigations
• Credit Investigations • Asset Searches 
• Skip-tracing • Third-party Commercial Collections | ph 315-866-1167|

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




2011 NEFA EXPO Super Regional Report
by Allan Levine, CEO, Madison Capital

Allan Levine
Chief Operating Officer
Madison Capital LLC

"Thanks for the mention and Allan's kind words."

Barry Reitman

NAELB Western Conference, Costa Mesa, California

"Bob, as usual, wrote a very insightful article. I do hope everyone's optimism proves warranted. We have all seen the industry rebound before. This time it seems particularly challenging."

Ken Greene

The Non-Broker Trend and Growth of "Lease Portals"
by Christopher Menkin

“True to a point my friend. If you offer great service, know your products well, and have an excellent reputation, you are still in business. Tough as it is out there, I'm busy with deals and quite happy that so many funders did not abandon the broker business.

“Many funders chose to deal with select brokers only that they trust and who have the skills and education to provide them with the types of transactions they are buying. A good broker cares about the Funder relationship more than the commission. We are all in this together. I thank my funders for hanging in there with me. I am proud to be a lease broker who is among the survivors.

“I would encourage anyone who is serious about this industry to make the commitment to become a CLP (Certified Lease Professional). I am proud to have the CLP initials after my name. It gives me credibility with my Funders as well as my customers and vendors. If you are only in this business for the commissions, you are in the wrong business. For more information on how to become a CLP, go to”

Rosanne Wilson, CLP

"I read your article with interest Kit and I agree that there are both fewer surviving brokers and fewer 'quality' lenders/lessors for those remaining brokers to deal with. Along with that, the smaller business customer has had fewer options for financing sources but that hasn't been much of problem for them as they have to date restrained purchases, preferring to postpone new equipment and keep old equipment running longer.

"We still think there is a place for the independent broker. Providing financing sometimes requires out of the box thinking that traditional banks don't have, and financing/leasing like many complicated products is still relationship selling.

"I too remember 10-12 years ago when leasing internet portals where going to change the face of leasing forever. In fact, I was at a NEFA/UAEL/WAEL conference where a panelist from one of those companies predicted that if we didn't join them, he and his company would wipe the rest of us out (I'd tell you his name and company but clearly I don't remember because they are not around)

"I remain cautiously optimistic that growth in equipment sales and lease financing is forthcoming; and that growth will benefit those entities that provide good value for their lessees, lenders and vendor partners

Joe Schmitz
President at F.I.T. Leasing

"Great article you wrote today. On the money."

Allan Levine,
Chief Operating Officer
Equipment and Vehicle Lease Financing Solutions
9D Gwynns Mill Court
Owings Mills, MD 21117

Up-Date Tiger Capital Management Alert

“This is a further up-date to the Tiger Capital Management Alert. We confirmed it with the lessee yesterday that he was coached by Ken McGraw to "go along" with pretending that Artura Business Services delivered the laser to him on October 19th. We independently verified from the manufacturer that the laser was delivered in 2010. When confronted with these facts the Lessee described the whole process and spilled the beans...

“Tiger Capital Management markets to companies providing them with working capital. Then once the application is in they identify equipment the Lessee already owns (the Laser in our Lessees case). Tiger Capital / Ken McGraw then have his shell Vendor Artura Business Services, Inc. ( act as the Vendor. Once the unsuspecting Leasing Company funds this phony vendor then Tiger Capital supposedly would forward funds to the Lessee.

“By the way, the number of “Alerts” is accelerating and the new wrinkle is that once you target on to one of them, they give the same info out to another vendor and off they go again. This time the turn-around time is 5-6 months and you need to keep your eyes out for the break-out to a new vendor. We posted 67 “alerts” in 2010 and we should well exceed that this year.

“Don’t believe that business is bad! These guys think it’s great!”

Bernie Boettigheimer CLP
Lease Police, Inc.

You May Have Missed---

Milton Friedman 30 Years Ago on Greed and Capitalism

“Thanks for the Milton Friedman piece wherein Donahue (love his expression) is schooled….bet he went home and had a huge whinefest with Marlo after that. You are correct, Friedman's words ring as true today as ever.”

Zac Bell

“I have to know…..are those your dogs?


Laurie Bakke, President
Western Equipment Finance

(We did have four dogs at one time, and one was a Golden Retriever…but today only one, a black English Labrador: Bode Ace Menkin. He will be six years old this December 10. Kit)

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


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

Five Million Mortgage Loan Mods Since 2007

(WASHINGTON, DC) – HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors, released its 3rd Quarter 2011 data showing that the industry is at five million loan modifications completed for homeowners since 2007.

Faith Schwartz, Executive Director, reports, “When HOPE NOW started reporting data at the end of 2007, loan modifications were barely measurable. Homeowners either paid their mortgages or forfeited their homes. However, over the past four years the housing crisis has taught us to re-think helping distressed homeowners through an unprecedented level of collaboration, funding, manpower and expanded resources. Five million hard working American families have been able to prevent foreclosures through permanent loan modifications.

And while this is quite an accomplishment, the housing crisis is far from over. The industry, and its partners in the non-profit counseling community and the government, remains committed to reaching out to struggling homeowners, improving the customer experience and embracing new technology.

It is important for all stakeholders to continue to build on the hard work that has been done for homeowners during the past four year. Success is achieved through outreach to non-contact borrowers, support and funding for the non-profit counseling community and reasonable, effective government policy.”

Five Million Permanent Loan Mods Since 2007

Since HOPE NOW began reporting data in 2007, it is estimated that the mortgage industry has completed 4.97 million loan modifications for homeowners (through September 2011). This includes more than 4.11 million proprietary modifications and 856,974 completed under the Home Affordable Modification Program (HAMP) through September 2011. Based on current trends, the industry has surpassed the five million loan modification milestone to date.

Proprietary Loan Mods Performing at 80%

The latest data shows that after six months of seasoning, over 80 percent of the proprietary loan modifications completed are performing (less than 90 days past due).

60+ Days Delinquencies Significantly Lower Than at Same Point in 2010

According to the latest survey data, the inventory of 60 day plus delinquencies in the third quarter of 2011 was 2.81 million. This compares to 3.17 million at the same point in 2010. This represents an 11% decline.

Fewer Foreclosure Starts and Sales 3Q 2011 vs. 3Q 2010

Foreclosure starts were approximately 600,000. This compares with 709,000 during the third quarter of 2010, a decrease of 15%. Foreclosure sales were approximately 200,000. This compares to 314,000 during the same period last year, a decrease of 36%.

Key data points for 3Q 2011:

  • Loan modifications:
  • Total permanent loan modifications for homeowners
    3Q 2011 are approximately 256,000:
    --- An estimated 162,000 are proprietary.
    --- 93,903 have been completed under HAMP.
  • Foreclosures:
    ---- Completed 3Q foreclosure sales were approximately 200,000, compared to 314,000 during the same period of 2010.

    -----Foreclosure starts for 3Q were 600,000, down from the 709,000 reported for the same period of 2010.
  • Delinquencies for 3Q:
    ---- 60+ days delinquencies were 2.81 million, down from the 3.17 million reported at the same point in 2010.

Data on proprietary loan modification characteristics 3Q 2011:

  • · Loan modifications with reduced principal and interest payments accounted for approximately 82% (133,000) of all proprietary modifications.

  • · Loan modifications with reduced principal and interest payments by 10% or greater accounted for approximately 66% (106,000) of all proprietary modifications.

  • · Fixed-rate modifications (initial fixed period of 5 years or more) accounted for approximately 81% (130,000) of all proprietary modifications.

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


Madison, Wisconsin -- Adopt-a-Dog


"My name is Cocoa, and I am an eleven year old female Mini Poodle that is available for
adoption to an adult only home. I am a nice older lady that is looking
for a calm environment to live out my golden years. "

ID: 14319347
Animal Name: Cocoa
Species: Dog
Primary Breed: Poodle, Miniature
Secondary Breed: Mix
Sex: Female
Altered: Yes
Site: Dog Adoptable
Stage: Yes

June 1 - December 31
•Monday, Tuesday, Thursday, and Friday - 12:00pm to 7:00pm
•Wednesday - By appointment only
•Saturday and Sunday - 12:00pm to 5:00pm

Adoption Process:

Mailing Address
Dane County Humane Society
5132 Voges Road
Madison, WI 53718
Phone (608) 838-0413

Adoption Center
Doug Brown, Adoptions Manager
(608) 838-0413 ext. 101

Adopt-a-Pet by Leasing Co. State/City

Adopt a Pet




Classified ads—Finance / Human Resources

Leasing Industry Outsourcing
(Providing Services and Products)

Finance / Human Resources

Finance: Chicago, IL
Experienced in big ticket origination, syndication, valuation and workout.
Twenty five years, MBA, CPA,
JD, LLM (Tax), structuring specialist. Inbound and outbound transactions.
Transaction Summary | The Lechner Group
Finance:Naperville, IL
Your guide to the right questions and answers in finance. Expert in capital raising, GAAP, acquisitions, lease economics. CPA. MBA.
Finance: Charlotte, NC
15 Years of Equipment Leasing Experience and Recruiting with Business Aviation niche. Visit us at
Human Resource Consultant:New York, NY
Employee Relations, Recruiting, Benefits, employee customer surveys, plus payroll administration "ON-LINE" services-- AND IN PERSON at your location Please visit:
Information System: North Detroit, MI
INFOLEASE EXPERT - 18 years experience.  Since being downsized in 2002, working as a consultant for several leasing companies.
Seeking consulting projects nationwide.
Finance: New York, NY
“Think Outside the Bank”. Barrett Capital is a merchant banking and consulting firm, specializing in asset based financing: equipment, vehicles, receivables and real estate.


All "Outsourcing" Classified ads (advertisers are both requested and responsible to keep their free ads up to date:

How to Post a free "Outsourcing" classified ad:


News Briefs---


Stanford develops super-fast computer device

This 28-Year-Old Is Making Sure Credit Cards Won't Exist In The Next Few Years
Read more:

US Postal Service takes $5bn loss, warns of more

Dell expects disk drive shortage to hurt revenue

Paterno in line for six-figure annual pension

Canada introduces plastic $100 bill

How Game Minecraft is taking over the world

Salvation Army Bell Ringers Go Digital This Season




You may have missed---

Free Access to Wine Spectator Top 2011 100 wines



Sports Briefs----

Santa Clara OKs $10 million for 49ers stadium

San Francisco 49ers: Former star Brent Jones thrilled that S.F. is back on top

The education of 49ers QB Colin Kaepernick

Carson Palmer taking control of Raiders offense




California Nuts Briefs---

Mayors, police chiefs talk strategy on protests

Live Blog: Occupy Cal




“Gimme that Wine”

Growth of Wine in Australia Itself

2011 Holiday Wine Guide: 50 Years of Oregon wine

Ontario vintners make brave foray into Italy

2011 Holiday Wine Guide: New on the vineyard crew -- raptors

Free Mobile Wine Program

Wine Prices by vintage

US/International Wine Events

Winery Atlas\

Leasing News Wine & Spirits Page


This Day in History

     1620- Fifteen pilgrims lead by Captain Myles Standish, William Bradford, Stephen Hopkins and Edward Tiley discovered corn on the future site of Provincetown, MA. They named the place "Corn Hill." This vegetable would become a staple for the settlers. The Indians also taught them how to make pop corn, a very popular item even way back then.
    1747- Knowles Riot in Boston; hundreds of sailors, laborers & free blacks rise up against British Navy Press Gangs, temporarily forcing an end to impressments in the Royal Navy. Many believe this gave rise to the American Revolution, although there were several such acts of rebellion, none as dramatic as this as it was a "mob act," mostly poor whites and black, and not planned such as the Boston Tea Party.
    1766- Indians surrendered to British in Indian War of Chief Pontiac. By 1763, the British had control of much of northeastern North America. Most of the Indians were displeased by their treatment from the British. The main concern of the Indians was the continued settlement of people along the western frontier, which in 1763, included Ohio. Chief Pontiac began organizing many Indian tribes together to rebel against the British. The Indians had success waging war on frontier settlements that were not well protected. The British had many small forts on the frontier that were easily overrun by the Indians. Many British soldiers were killed in the attacks. The Indians attacked Fort Detroit and Fort Pitt but were unsuccessful in capturing the forts. The Indians were counting on French support against the British in order to take these two forts. The French support never came. In 1766, Chief Pontiac signed a peace treaty at Oswego, New York. As one of the conditions of the treaty, Pontiac was considered not guilty of any wrong and was allowed to return home to his family who were living on the Maumee River. There were farther reaching consequences, however. This war worsened Britain’s financial health and resulted in the Proclamation of 1763, preventing colonial settlement farther to the West. This will be a grievance that leads into the American Independence movement.
    1776- Fort Washington on Manhattan Island fell to the British, who took about 2,000 prisoners. Colonial troops were on retreat and the war looked bleak as the weather.
    1776- The first salute to a U.S. Flag (Grand Union Ensign also known as the Continental Union flag) was a volley of 11 guns fired by Fort Orange on St. Eustatius, Dutch West Indies, Leeward Islands today, in 1776. The salute was in response to a volley fired from the "Andrea Doria" commanded by Isaih Robinson. It was saluted by Johannes de Graeff, governor of the colony. The brig was captained by Nicholas Biddle, who had been sent to St. Eustatius to transport arms and ammunition for the American Leasing Army. This was an important event as St. Eustatius was a very important trading center and a supply base for the colonies.
    1777- The second Continental Congress adopted the Articles of Confederation and Perpetual Union. Submitted to the states for ratification two days later. March 1, 1781 they were adopted. Although ultimately supplanted by the United States Constitution, the Articles of Confederation provided stability during the Revolutionary War years and attempted to define "states rights" and "federal authority."
    1821- Missouri Indian trader William Becknell arrives in Santa Fe, New Mexico, sells his goods at an enormous profit, and makes plans to return the next year over the route that will become known as the Santa Fe Trail. Becknell's role in reopening the trail and laying out the shortcut earned him the title of "Father of the Santa Fe Trail." It became one of the most important and lucrative of the Old West trading routes; merchants and other travelers continued to follow the trail blazed by Becknell until the arrival of trains in the late 1870s.
    1864- General William T. Sherman march to the sea with 62,000 men began. Leaving Atlanta, GA., in flames, it was thought the fires were started by Sherman's troops, but historians state most of the major fires were started by Confederates fleeing the city, not wanting to supply the Union troops with food and supplies. Sherman was to seep across a 60-mile front with little serious opposition, his army destroying everything useful to the Confederates, who were doing the same to his army. The South was cut in two. General William J. Hardee and his remaining Confederate forces evacuated Savannah, GA. on December 21. Sherman occupied the city that day.
    1873- Birthday of William Christopher (W.C.) Handy, American composer, bandleader, "Father of the Blues," W.C. Handy was born at Florence, AL. He died at New York, NY, Mar 28,1958. If you can't have but one jazz CD in your collection, let me recommend Louis Armstrong Plays W.C.Handy.
    1889- The Oahu Railway and Land Company (OR&L) began operating on Hawaii's third largest island. The brainchild of Massachusetts native Benjamin Franklin Dillingham, the railroad made it possible to move agricultural products from inland to port, stimulating the local economy and providing a valuable transportation route for decades.
(Lower portion of:
    1892- the University of Chicago won its first football victory. The preceding October 22, they played to a 0-0 tie with Northwestern in its first ever football game and this was their first win for Coach Amos Alonzo Stagg 10-4 against Illinois at Chicago. A founding member of the Big 10, Chicago eliminated its football program for many years, but now competes against the likes of New York University, Emory and Washington University at St. Louis. This Saturday it is the traditional rival game as football fans will switch from channel to channel in perhaps the most heated college game of the year.
    1899- Birthday of Mary Margaret McBride, who from 1934 to 1954 conducted a radio show of astonishing and human interest facts and in 1940 was voted the most popular woman in radio. She was one of the first big radio stars who tried to move to the new media of television where she was declared a big flop. It was the same night Milton Berle became the permanent host of "Texaco Star Theatre," and NBC showcased McBride in the timeslot right after Berle. Early TV's biggest success was a performer who'd never done well on radio--Milton Berle, a vaudevillian. His popularity on TV showed the uncertainty of predicting how radio stars would likely fare on television. "We all knew one thing that wouldn't work," recalled George Burns, also a vaudevillian, about moving from radio to TV: "standing in front of a microphone and reading from a script. Unfortunately, that's what we were best at." She died in 1976.
    1902- A cartoon appeared in the Washington Star, prompting the Teddy Bear Craze, after President Teddy Roosevelt refused to kill a captive bear tied up for him to shoot during a hunting trip to Mississippi.
    1907- Oklahoma became the 46 th state. The word, Oklahoma, is a combination of two Choctaw words meaning red people. Then, why Sooner? Many, many Oklahoma homesteaders thought sooner was better than later, better to stake their homesteads first, before it was legal to do so.
    1914- The Federal Reserve banks were formally opened. The Federal Reserve Act, approved on December 23, 19113, was an " act to provide for the establishment of Federal Reserve Banks, to furnish an elastic establish a more effective supervision of banking in the United States. " The 12 regional district banks were under the supervision of a seven-member Board of Governors.
    1918- In NY City, the United Lutheran Church was organized by a merger of three general Lutheran bodies in the U.S. and Canada. (In 1962, the ULC became one of the branches of Lutheranism which formed the Lutheran Church in America.)
    1920- The postage meter was officially set at Stamford, CT, by the Pitney-Bowes Postage Meter Company. Although the idea of metered mail originated in 1900, when the American Postage Meter Company was organized in Chicago, it was not until September 1, 1920, that the Post Office Department approved it. About $2 million was spent on research and development of the machine. Today they have a near monopoly on this device. You cannot purchase the meter, you must "rent" it.
    1931- Singer Bob Gibson birthday, born New York City died September 27, 1996, Portland, Oregon
    1937- Bob Crosby records " South Rampart St. Parade," LA, Decca 15038
1945, Woody Herman waxes "Wildroot," Columbia 36949.
1940, Cornell University played Dartmouth College in football and came away with a victory. But the winning touchdown was cored on a fifth-down play, given to Cornell by referee's error. After the game, Cornell did the honorable thing, surrendering the triumph.
    1944- LINDSEY, JAKE W. Medal of Honor
Rank and organization: Technical Sergeant, U.S. Army, 16th Infantry, 1st Infantry Division. Place and date: Near Hamich, Germany, 16 November 1944. Entered service at: Lucedale, Miss. Birth: Isney, Ala. G.O. No.: 43, 30 May 1945. Citation: For gallantry and intrepidity at the risk of his life above and beyond the call of duty on 16 November 1944, in Germany. T/Sgt. Lindsey assumed a position about 10 yards to the front of his platoon during an intense enemy infantry-tank counterattack, and by his unerringly accurate fire destroyed 2 enemy machinegun nests, forced the withdrawal of 2 tanks, and effectively halted enemy flanking patrols. Later, although painfully wounded, he engaged 8 Germans, who were reestablishing machinegun positions, in hand-to-hand combat, killing 3, capturing 3, and causing the other 2 to flee. By his gallantry, T/Sgt. Lindsey secured his unit's position, and reflected great credit upon himself and the U.S. Army.
    1944- MILLER, ANDREW   Medal of Honor
Rank and organization: Staff Sergeant, U.S. Army, Company G, 377th Infantry, 95th Infantry Division. Place and date: From Woippy, France, through Metz to Kerprich Hemmersdorf, Germany, 1629 November 1944. Entered service at: Two Rivers, Wis. Birth: Manitowoc, Wis. G.O. No.: 74, 1 September 1945. Citation: For performing a series of heroic deeds from 1629 November 1944, during his company's relentless drive from Woippy, France, through Metz to Kerprich Hemmersdorf, Germany. As he led a rifle squad on 16 November at Woippy, crossfire from enemy machineguns pinned down his unit. Ordering his men to remain under cover, he went forward alone, entered a building housing 1 of the guns and forced S Germans to surrender at bayonet point. He then took the second gun single-handedly by hurling grenades into the enemy position, killing 2, wounding 3 more, and taking 2 additional prisoners. At the outskirts of Metz the next day, when his platoon, confused by heavy explosions and the withdrawal of friendly tanks, retired, he fearlessly remained behind armed with an automatic rifle and exchanged bursts with a German machinegun until he silenced the enemy weapon. His quick action in covering his comrades gave the platoon time to regroup and carry on the fight. On 19 November S/Sgt. Miller led an attack on large enemy barracks. Covered by his squad, he crawled to a barracks window, climbed in, and captured 6 riflemen occupying the room. His men, and then the entire company, followed through the window, scoured the building, and took 75 prisoners. S/Sgt. Miller volunteered, with 3 comrades, to capture Gestapo officers who were preventing the surrender of German troops in another building. He ran a gauntlet of machinegun fire and was lifted through a window. Inside, he found himself covered by a machine pistol, but he persuaded the 4 Gestapo agents confronting him to surrender. Early the next morning, when strong hostile forces punished his company with heavy fire, S/Sgt. Miller assumed the task of destroying a well-placed machinegun. He was knocked down by a rifle grenade as he climbed an open stairway in a house, but pressed on with a bazooka to find an advantageous spot from which to launch his rocket. He discovered that he could fire only from the roof, a position where he would draw tremendous enemy fire. Facing the risk, he moved into the open, coolly took aim, and scored a direct hit on the hostile emplacement, wreaking such havoc that the enemy troops became completely demoralized and began surrendering by the score. The following day, in Metz, he captured 12 more prisoners and silenced an enemy machinegun after volunteering for a hazardous mission in advance of his company's position. On 29 November, as Company G climbed a hill overlooking Kerprich Hemmersdorf, enemy fire pinned the unit to the ground. S/Sgt. Miller, on his own initiative, pressed ahead with his squad past the company's leading element to meet the surprise resistance. His men stood up and advanced deliberately, firing as they went. Inspired by S/Sgt. Miller's leadership, the platoon followed, and then another platoon arose and grimly closed with the Germans. The enemy action was smothered, but at the cost of S/Sgt. Miller's life. His tenacious devotion to the attack, his gallant choice to expose himself to enemy action rather than endanger his men, his limitless bravery, assured the success of Company G.
    1944--HORNER, FREEMAN V. Medal of Honor
Rank and organization: Staff Sergeant, U.S. Army, Company K, 119th Infantry, 30th Infantry Division. Place and date: Wurselen, Germany, 16 November 1944. Entered service at: Shamokin, Pa. Birth: Mount Carmel, Pa. G.O. No.: 95, 30 October 1945. Citation: S/Sgt. Horner and other members of his company were attacking Wurselen, Germany, against stubborn resistance on 16 November 1944, when machinegun fire from houses on the edge of the town pinned the attackers in flat, open terrain 100 yards from their objective. As they lay in the field, enemy artillery observers directed fire upon them, causing serious casualties. Realizing that the machineguns must be eliminated in order to permit the company to advance from its precarious position, S/Sgt. Horner voluntarily stood up with his submachine gun and rushed into the teeth of concentrated fire, burdened by a heavy load of ammunition and hand grenades. Just as he reached a position of seeming safety, he was fired on by a machinegun which had remained silent up until that time. He coolly wheeled in his fully exposed position while bullets barely missed him and killed 2 hostile gunners with a single, devastating burst. He turned to face the fire of the other 2 machineguns, and dodging fire as he ran, charged the 2 positions 50 yards away. Demoralized by their inability to hit the intrepid infantryman, the enemy abandoned their guns and took cover in the cellar of the house they occupied. S/Sgt. Horner burst into the building, hurled 2 grenades down the cellar stairs, and called for the Germans to surrender. Four men gave up to him. By his extraordinary courage, S/Sgt. Horner destroyed 3 enemy machinegun positions, killed or captured 7 enemy, and cleared the path for his company's successful assault on Wurselen.
    1945- Eighty-eight German scientists, holding Nazi secrets, arrived in the U.S. In a move that stirs up some controversy, the United States ships 88 German scientists to America to assist the nation in its production of rocket technology. Most of these men had served under the Nazi regime and critics in the United States questioned the morality of placing them in the service of America.
    The situation pointed out one of the many ironies connected with the Cold War. The United States and the Soviet Union, once allies against Germany and the Nazi regime during World War II, were now in a fierce contest to acquire the best and brightest scientists who had helped arm the German forces in order to construct weapons systems to threaten each other.
    1947---Top Hits
I Wish I Didn't Love You So - Vaughn Monroe
Near You - The Francis Craig Orchestra (vocal: Bob Lamm)
You Do - Dinah Shore
I'll Hold You in My Heart (Till I Can Hold You in My Arms) - Eddy Arnold
    1952- "Our Goodly Heritage" debuted over CBS television. This Sunday morning Bible study program, hosted by William Rush Baer of New York University, aired a little over five years.
    1952- Birthday of Glenn Burke, baseball player born at Oakland, CA. Burke spent four seasons in the majors (1976-79) with the Los Angeles Dodges and the Oakland Athletics. He was the first former baseball player the cause of whose death was acknowledged as AIDS. Died at San Leandro, CA, May 30, 1995.
    1952- John Clellon Holmes article, "This is the Beat Generation", appears in NY Times Magazine. His novel, Go, often call the first published "Beat" novel, which presented characters based on Kerouac, Ginsberg and Neal Cassady in 1952, five years before Kerouac would turn the same cast of characters into legends with ' On The Road.' also appears this fall. Also during this month, Jack Kerouac works as student brakeman for railroad in California & his Book of Dreams project is begun here in Los Gatos, Ca. (He and Cassady would die deaths related to alcoholism.)
    1955---Top Hits
Sixteen Tons - Tennessee Ernie Ford
Autumn Leaves - Roger Williams
Only You - The Platters
Love, Love, Love - Webb Pierce
    1955- The Four Lads record "No, Not Much"
    1955- 'Tennessee' Ernie Ford drove to the top spot on the record charts on this day. Sixteen Tons, where he owed his "soul to the company store..." became the fastest-selling record in history, jumping to #1 in just 3 weeks. The tune, on Capitol Records, stayed at #1 for eight weeks.
    1956- Elvis Presley's film debut, "Love Me Tender," opens in New York. Despite critical reaction, it takes in nearly $4 million in just two months.
    1958- Golfers enjoying an autumn day got a surprise when over six inches of snow fell on Tucson, Arizona.
    1959- The Rodgers and Hammerstein musical ``The Sound of Music'' opened on Broadway, originally staring Theodore Bikel and Mary Martin. The show played 1,443 performances (the second longest running musical at that time.) In 1965, it was released as a movie starring Julie Andrews and Christopher Plummer. It is based on an original true story from the book, first made into a German film, very popular in Europe. Maria von Trapp's book, The Story of the Trapp Family Singers was published in 1949 and shortly after Hollywood approached Maria with an offer to buy the book title. They wanted to buy the title but create their own story. Maria refused to sell the title without the whole story and produced the film herself in Germany.
    1959- Beat author Jack Kerouac appears on the Steve Allen Show in Hollywood. After the show he has dinner with sex kitten Mamie Van Doren.
    1959- The most severe November cold wave in U.S. history was in progress. A weather observing station located 14 miles northeast of Lincoln MT reported a reading of 53 degrees below zero, which established an all-time record low temperature for the nation for the month of November. Their high that day was one degree above zero.
    1959- "Mr. Blue" by the Fleetwoods topped the charts and stayed there for a week.
    1959- The Patriots become the AFL's eighth and final franchise under the ownership of William H. Sullivan, Jr.
    1960-After Brenda Lee had turned it down for being "too Country", Patsy Cline records "I Fall To Pieces" for Decca Records in Nashville. The song will enter the US charts the following summer and rise to #12.
    1961- President John F. Kennedy decides to increase military aid to South Vietnam without committing U.S. combat troops. Kennedy was concerned at the advances being made by the communist Viet Cong, but did not want to become involved in a land war in Vietnam. He hoped that the military aid would be sufficient to strengthen the Saigon government and its armed forces against the Viet Cong. Ultimately it was not, and Kennedy ended up sending additional support in the form of U.S. military advisors and American helicopter units. By the time of his assassination in 1963, there were 16,000 U.S. soldiers in South Vietnam.
    1962- Wilt Chamberlain of NBA San Francisco Warriors scores 73 points vs. NY
    1963---Top Hits
Deep Purple - Nino Tempo & April Stevens
Washington Square - The Village Stompers
I'm Leaving It Up to You - Dale & Grace
Love's Gonna Live Here - Buck Owens
    1963- "Deep Purple" by Nino Tempo & April Stevens topped the charts and stayed there for a week.
    1964- John Lennon had his only solo, number one hit in the US during his lifetime when "Whatever Gets You Through the Night" hit the top. In his homeland, it could do no better than #36. His girl friend, May Pang, would later recall that John got the inspiration for the song when he saw TV evangelist Reverend Ike utter the phrase "Let me tell you guys, it doesn't matter, it's whatever gets you through the night."
    1964-Jay and The Americans record "Let's Lock the Door", which will reach #11 on the Billboard chart early the next year.
    1965- First public announcement about Walt Disney World.
    1965--- CBS-TV airs the Frank Sinatra documentary Sinatra: An American Original, hosted by Walter Cronkite.
    1966- Dr Sam Sheppard freed after 9 years in jail, by a jury. His story is the basis of several television series and movie, "The Fugitive."
    1968- B.J. Thomas' "Hooked on a Feeling" is released.
    1969- News reports charged a U.S. infantry unit with massacre at My Lai 4, a village in the Song my district in South Vietnam , on March 16, 1968. More than 450 villagers including many women and babies were said to have been slain. Pending an investigation, Lt. William L. Calley, Jr. in charge of the U.S. unit at the time, was kept on active duty beyond his official tour. He later would receive several months in jail in one of the many military cover-ups about the war in Viet Nam.
    1971---Top Hits
Gypsys, Tramps & Thieves - Cher
Theme from Shaft - Isaac Hayes
Imagine - John Lennon Plastic Ono Band
Lead Me On - Conway Twitty & Loretta Lynn
    1972- A coastal storm gave New England a lashing. Heavy, wet snow in parts of New Hampshire and Vermont downing power and utility lines while heavy rains in southern New England producing some flooding
    1973- 30th manned US space flight launched with three astronauts, G.P. Carr, W.R. Page and E.G. -*Gibson who spent 84 days on the space station. Space walks totaled 22 hours. Returned to Earth on Feb 8, 1974.
    1973- President Nixon authorizes construction of the Alaskan pipeline.
    1974- "Whatever Gets You Thru the Night" by John Lennon with the Plastic Ono Nuclear Band topped the charts and stayed there for a week.
    1974- NBC-TV began a two-night showing of the award-winning film, "The Godfather", starring Marlon Brando. The film was the highest price paid for a shown on television movie when NBC paid Paramount Pictures $10 million to show it.
    1974- John Lennon enjoys his first Number One hit with "Whatever Gets You thru the Night." Helping out on piano and vocals is Elton John.
    1974- Stevie Wonder's "Boogie on Reggae Woman" is released.
    1975- Chicago Bear Walter Payton rushed for 105 yards in a game against the San Francisco 49ers, for his first game of 100 plus yards. He would reach this feat over 50 times throughout his career, adding two 200-yard games, as well.
    1977- The Canadian trio Rush receive three gold records for "2112," "All the World's a Stage" and "A Farewell to Kings." The group, which started out as a Led Zeppelin-inspired power trio, opted for a more experimental progressive direction on those LPs and found itself a sizable audience.
    1979---Top Hits
Heartache Tonight - Eagles
Dim All the Lights - Donna Summer
Still - Commodores
You Decorated My Life - Kenny Rogers
    1983- Oriole Cal Ripken is named the American League's MVP becoming the first player to win the Rookie of the Year and Most Valuable Player Award in consecutive years.
    1984- Dr. Anna L. Fisher was the first astronaut who was a mother. She was a member of the crew of Space Shuttle "Discovery" mission that lifted off Cape Canaveral, FL. She participated in the world's first satellite retrieval and repair operation.
    1985- "We Built This City" by Starship topped the charts and stayed there for 2 weeks.
    1987---Top Hits
I Think We're Alone Now - Tiffany
Mony Mony "Live" - Billy Idol
(I've Had) The Time of My Life - Bill Medley & Jennifer Warnes
Maybe Your Baby's Got the Blues - The Judds
    1987- High winds and heavy snow created blizzard conditions across parts of eastern Colorado. Wind gusts reached 68 mph at Pueblo, and snowfall totals ranged up to 37 inches at Echo Lake. In Wyoming, the temperature dipped to 14 degrees below zero at Laramie. Strong thunderstorms in Louisiana drenched Alexandria with 16.65 inches of rain in thirty hours, with an unofficial total of 21.21 inches north of Olla. Flash flooding in Louisiana caused five to six million dollars damage.
    1989- Severe thunderstorms produced 22 tornadoes from Virginia to New York. Winds gusted to 80 mph caused a wall at the Coldenham School in Newburgh, NY to collapse, killing 9 children Snow and gusty winds invaded the north central U.S. Winds gusting to 40 mph produced wind chill readings as cold as 25 degrees below zero, and blizzard conditions were reported in Nebraska during the late morning hours. High winds around a powerful low pressure system produced squalls in the Great Lakes Region. Winds gusted to 63 mph at Whitefish Point MI, and snowfall totals in Michigan ranged up to 19 inches at Hart, north of Muskegon
    1992- For the first time since 1563, the Roman Catholic Church issued a new universal catechism, which addressed modern-day issues.
    1994- Bernette Johnson was sworn in as the first black woman ever elected to the Louisiana Supreme Court.
    1994---Top Hits
I ll Make Love To You- Boyz II Men
Here Comes The Hotstepper (From "Ready To Wear")- Ini Kamoze
All I Wanna Do- Sheryl Crow
Another Night- Real McCoy
    1996- "Head Over Feet" by Alanis Morissette topped the charts and stayed there for 4 weeks.
    1999---Top Hits
Smooth- Santana Featuring Rob Thomas
Back At One- Brian McKnight
Mambo No. 5 (A Little Bit Of...)- Lou Bega
I Need To Know- Marc Anthony
    2001- Yankee right hander Roger Clemens (20-3, 3.51 ERA) wins the Cy Young Award for an unprecedented sixth time (Red Sox -1986, '87, '91 and Blue Jays -1997, '98). The 'Rocket' becomes the first Pinstripper to win the award since 1978 when Ron Guidry copped the honor.
    2001--- The city of Palm Springs, CA unveils a statue in its downtown area honoring the late Sonny Bono, half of Sonny and Cher and mayor of the city for a time in the Eighties.
    2003---Top Hits
Baby Boy- Beyonce Featuring Sean Paul
Stand Up- Ludacris Featuring Shawnna
Holidae In- Chingy Featuring Ludacris & Snoop Dogg
Damn!- YoungBloodZ Featuring Lil Jon
    2005- Severe thunderstorms produced over 30 tornadoes in 6 states, resulting in one fatality and at least 35 injuries (Associated Press). Some of the worst damage occurred in Henry County, Tennessee, where numerous homes and businesses were damaged or destroyed.
    2006-- Queen's Greatest Hits is declared the most popular album of all time in Britain, with more than five-and-a-half million units sold. At Number Two: the Beatles' Sgt. Pepper.




The object is to insert the numbers in the boxes to satisfy only one condition: each row, column and 3x3 box must contain the digits 1 through 9 exactly once. What could be simpler?



Daily Puzzle

How to play:

Refresh for current date:






See USA map, click to specific area, no commercials



Traffic Live---

Real Time Traffic Information

You can save up to 20 different routes and check them out with one click,
or type in a new route to learn the traffic live



Independent, unbiased and fair news about the Leasing Industry.