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 Wednesday, November 14, 2012
 
  
 Today's  Equipment Leasing Headlines
 
 Archives:  November 14, 2000Signature  Leasing, Dublin, California,
 Lets  Employees Go at 4pm Yesterday
 Classified  Ads---Asset Management
 GreatAmerica  Changes its Trade Name
 Municipal  LED Street Light Financing by Atticus Financial
 “Do  I have to pass a test to get the job?”
 Career  Crossroad---By Emily Fitzpatrick/RII
 Classified  Ads---Help Wanted
 Leasing  102 by Mr. Terry Winders, CLP
 “Lease  Documents for the future”
 Kentucky  Court Finds Secret Government Lien for Lease
 Displaces  Junior Creditor's Perfect Lien
 By  Tom McCurnin
 Why  I Became a CLP, Sarah VanNostrand
 Senior  Project Manager,  First American Equipment Finance
 App  for Smart phone --Field Trip
 49  Banks Failed to Date
 By  Robert Clark and Aarti Kanjani, SNL Financial
 Leasing  News Top Stories  November 5  -- November 9
 ELFA  Announces Business Council
 Steering  Committee Election Results
 Cairn  Terrier Mix Puppy
 Vancouver,  British Columbia
 News Briefs---
 Cisco’s Net Income Climbs, Beating Wall St. Forecasts
 Small banks battle regulators on capital requirements
   Broker/Funder/Industry  Lists |
  Features  (collecti) Top  Ten Stories Chosen by Readers |
  Top  Stories last six months
 
    You  May have Missed---SparkPeople--Live  Healthier and Longer
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 Baseball  Poem
 California  Nuts Brief---
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 This Day in American History
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    Archives:  November 14, 2000Signature  Leasing, Dublin, California,
 Lets  Employees Go at 4pm Yesterday
 
 Steve  Chriest Reports: "Board  of Directors made a decision to exit the small ticket equipment  leasing business, and small ticket leasing employees were dismissed.  The company is currently working to recommend its former employees to  equipment leasing companies and companies in related industries." Signature  Leasing has been a lessor and super broker for many years, with lines  at several sources, including Bay View Savings, that is no longer in  the leasing business.
  2012
 
 (Steve  Chriest started "Selling Up" in 2003, after winding down his  leasing company, who works with "senior executives, senior  marketing and sales executives, national, strategic and global  account managers and multi-media developers and producers."  He  has also worked as a contributing columnist for Leasing News and in  his spare time, is working on a motion picture script as well as  other world wide web projects.
 “Steve  is a long time personal friend, knowledgeable, honest, also has a  keen sense of humor. He has contributed over 150 columns since 2004  to Leasing News as “former leasing company CEO,” then as  "Selling UP" and "Sales Makes it Happen" as well  as other columns from time to time.  He has the distinction of  calling the economic downturn from real estate mortgages and lending  problems in his February 3, 2006 column "Bad Moon on the Rise."  http://www.leasingnews.org/Selling_Up/Bad_Moon.htm
   
 
 
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      Classified  Ads---Asset Management  
 (These  ads are “free” to those seeking employment or lookingto  improve their position)
 
        
          
            | San Francisco, CA Ten years experience setting residuals, negotiating leases and remarketing equipment across a broad spectrum of large ticket asset types including marine, intermodal, mining, energy, manufacturing.
 geoffwalshe@yahoo.com
 |    Free Posting for those seeking employment in Leasing:http://www.leasingnews.org/Classified/Jwanted/Jwanted-post.htm
 All  “free” categories “job wanted” ads:http://www.leasingnews.org/Classified/Jwanted/Jwanted.htm
 
   
        
          
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 Gary DiLillo, President 440.871.0555 or gary@avptc.com
 
 |      [headlines]--------------------------------------------------------------
 ###  Press Release ############################## 
 GreatAmerica  Changes its Trade Name  
 (Cedar  Rapids, IA) – GreatAmerica Leasing Corporation announced today that  it has adopted the new trade name “GreatAmerica Financial  Services.” The change better reflects the wide array of services  the company delivers to its customers. “GreatAmerica  is far more than a leasing company today,” said GreatAmerica  Chairman and CEO Tony Golobic. “We have always been solution  driven. Over the years, this has led to the development of a number  of innovative, non-leasing products and services. The evolution of  our name simply underscores our commitment to the continued success  of our customers.”          GreatAmerica  offers a number of products and services such as tailored financing  programs, portfolio servicing, Collabrance™ managed IT Services,  PathShare™ HR Services, and FleetView™ fleet monitoring. For a  full listing of the company’s products and services, please visit  greatamerica.com.  About  GreatAmerica
 Founded  by CEO Tony Golobic in Cedar Rapids, Iowa in 1992, GreatAmerica is a  $1.3 billion national commercial equipment finance company.  GreatAmerica is dedicated to helping manufacturers, vendors, and  dealers be more successful and keep their customers for a lifetime.  GreatAmerica is over 90% employee-owned and provides financing and  niche market-focused services in all fifty states and several U.S.  Territories and has a staff of nearly 400 employees with offices in  Iowa, Minnesota, Missouri and Georgia.
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 Municipal  LED Street Light Financing by Atticus Financial
 
   NEW  YORK,– Global Resource Energy Inc. (OTCQB: GBEN) – -The company  is announcing to municipalities throughout North America that it has  designed a financing model for the retrofit of LED street lights with  Atticus Financial. Upon signing agreements with the company, cities  can immediately lower the cost of operating a street light system  while at the same time retrofitting the city from old, amber colored,  High Pressure Sodium lights to clear, bright and eco-friendly LED  street lights. Lights are supplied through the company’s agreement  with Kardings America and Patedma Group Corp of Los Angeles, CA.
 Atticus  Financial Group provides leasing solutions to a wide variety of  clients across Canada and the USA with a primary focus on leasing,  and offers equipment leasing and auto leasing services for all brands  of new and used cars, trucks and business or industrial equipment.          Atticus  will arrange lease financing for a wide variety of equipment types  from software and office equipment through to forklifts, heavy  trucks, shop equipment, medical equipment, agriculture equipment,  “green equipment” and most other business equipment, regardless  of industry type or even time in business.          “As  truly advanced the lighting technology is, we think this finance  package is just as futuristic. Instead of trying to find more money  to pay for this system we have devised a way to use the money you’re  already spending on your existing street light system to pay for the  new one while keeping the lights on as well.”          Kardings  is a multi-national green energy company designed to help bring  eco-friendly technology to the market. Kardings offers LED Street  Lights to all municipalities and can access a special fund called The  Hero© program which was established specifically for green  initiatives in municipalities. The lighting systems are highly  efficient, dependable and come with the best warranties available in  the industry. In most cases a city, town or village may retrofit to  energy efficient led street lighting at no increased cost and may  even put money back into municipal budgets. Kardings’ website is www.kardings.com. Atticus  Financial Group, Vancouver, British Columbia http://www.atticusfinancial.com/
 ####  Press Release ########################## 
 
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 Do  I have to pass a test to get the job?Career  Crossroad---By Emily Fitzpatrick/RII
  
 Question: I am being told that I  must take a TEST as part of the application process.  What should I  do to prepare for this written  examination? Answer:    Here are two categories of career tests: (1) Proprietary  	Skills Testing (This  applies to specific skills required for the position.) (E.g.  for a credit, pricing or accounting role, grammar, spelling, knowing  computer programs the company utilizes) – This type of testing you  can prepare for and brush up on your skills (2) Pre-Employment Personality  and/or Skills and/or Aptitude Testing (formal) e.g. Caliper Cognitive  tests measure a candidate's reasoning, memory, perceptual speed and  accuracy, and skills in arithmetic and reading comprehension, as well  as knowledge of a particular function or job. Regarding  Pre-Employment Tests / Assessments, you really can’t prepare  for that; they are meant to predict and improve workplace  performance.  Every  company knows that employees are its most important asset. Retention  is the goal and pre-employment testing can assist companies in hiring  more productive employees, reduce turnover and decrease hiring costs.         These  tests are for your benefit as well; they help determine if you are a  good long-term fit for the position and/or organization that you are  applying for. Look at the positive side, you also want to learn if this  position is the right one for you.  As they are hiring you, you should  also view this as you are hiring them to advance your career  and earn your livelihood.
 Emily  FitzpatrickSr.  Recruiter
 Recruiters  International, Inc.
 Phone:   954-885-9241
 Cell:   954-612-0567
 emily@riirecruit.com
 Invite  me to Connect on LinkedIn
 Also  follow us on Twitter #RIIINFO
 Career  Crossroads Previous Columnshttp://www.leasingnews.org/Conscious-Top%20Stories/crossroad.html
 
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 Leasing News Help Wanted Classified Ad
 (Appears on top of News Headlines
 in a rotation basis with other Help Wanted as)
 
 (This  offer will expire November 21st)
 
 
 
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 Leasing  102by  Mr. Terry Winders, CLP
  
 Lease  Documents for the future There  is a real difference between documents for different markets. What  is important regardless of which market or ticket size you deal with  are the changes in how we conduct the business of commercial  equipment leasing? The suggested accounting changes and the terms  being required by our customer base is going to put pressure on us to  create new documents to cover new terms. It  appears that we can look at equipment rental documents for new  language to cover how we expect the lessee to use our equipment and  adjustments in the rent based on that use. In addition we need  language to cover location change or defaults for failure to maintain  maintenance records.  Terms are going to be shorter requiring better  equipment knowledge and well thought out residuals. Return language  will be longer and more complex to cover the higher residual risk.  The  changes will come slowly as we begin to create leasing programs to  satisfy lessee needs in light of the new accounting requirements. The  leasing business has been very adaptable over the years and I am not  afraid of the changes because we will survive and prosper if we  carefully create new documents to cover the changes of our product  mix.  On  many occasions we have discussed the content of leasing documents  ---but not the quantity of documents required for each deal. Most  lessors prefer short forms on “mini deals” and as the size  increases, so do the number of documents they require. The lessors  have to make arrangements to assume the risk for short form documents  and this usually is a larger lease loss reserve. This is one of the  reasons for higher rates on smaller deals. In addition, smaller deals  usually are accepted with a shorter credit review which again  increases the lease loss reserve and the lease rate. The  short form lease when used for a specific type of equipment usually  contains the equipment description, the lease requirements and the  acceptance in one form. The brevity of the document means a lot of  protections found in larger leases are not part of the document like  a complete description, equipment maintenance requirements and  equipment return conditions. The lessee accepts the equipment at the  time it is delivered on the short form and the lessor pays the vendor  within a few days. A  “middle market” document usually contains lots of additional  documents like a separate acceptance certificate that contains the  date it was delivered, the date it was accepted after it was  inspected, or tested, and the actual date of the signing the  document. In addition more protective language is placed in the lease  like more defaults language, tax and legal statements, return  provisions, “fair market value” definitions, and more explicit  insurance requirements.  Although  perhaps started by a template, “Major market” documents are  generally created for each type of equipment and usually prepared and  closed by legal counsel. They cross all the “t’s” and dot all  the “i’s.”  As  I have suggested in many columns this year, review your lease  documents with your company attorney, as well as consult your CFO or  company accountant, in addition to discussing any changes in your  lease contract for 2013.  And the time to do this is now, not in  January. Mr.  Terry Winders, CLP, has been a teacher, consultant, expert witness  for the leasing industry for thirty-five years and can be reached at  leaseconsulting@msn.com or   502-649-0448 He  invites your questions and queries. Previous  #102 Columns:  http://www.leasingnews.org/Conscious-Top%20Stories/Leasing_102/Index.htm 
 
        
          
            | Mr. Terry Winders available as Expert Witness. 35 years as a professional instructor to the top equipment leasing and finance companies in the United States, author of several books, including DVD's, as well as weekly columnist to Leasing News. He also performs audits of leasing companies as an expert on documentation, and has acted as an expert witness on leasing for litigation in legal and tax disputes, including before the IRS. He also has taught the senior bank examiners, how to review a bank leasing department, for the Federal Reserve in Washington D.C. and has trained the examiners for the FDIC on how to prepare a lease portfolio for sale. Mr. Winders received his Master of Business Administration and his Bachelor of Science degrees from the College of Notre Dame. 502.649.0488/Leaseconsulting@msn.com |  (This  ad is a “trade” for the writing of this column. Opinionscontained  in the column are those of Mr. Terry Winders, CLP)
 
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 Kentucky  Court Finds Secret Government Lien for LeaseDisplaces  Junior Creditor's Perfect Lien
 By  Tom McCurninBarton,  Klugman & Oetting
  
 Quasi-Governmental  Agency with Equipment Lease Was Not Required to File UCC-1 to Perfect  Its Lien, Resulting in Junior Secured Being Deemed Unsecured.
 Delphi  Automotive Systems, LLC v. Capital Community Economic, 2012 WL 967568  (Ky.App. 2012).. When I  was an Accounts Receivable factoring guy, I was faced with all sorts  of secret liens, ranging from landlord’s liens to agricultural  liens, and we were trained to underwrite borrowers thoroughly and ask  a lot of questions.  A  Michigan based hard money lender probably didn’t read that article,  financed over $300,000 in asset-based loans, did its customary UCC  searches, filed and perfected its lien, and then found itself  unsecured when a secret governmental lien popped up as a result of an  equipment lease.  Sounds unfair, doesn’t it? Capital  Community is a Kentucky nonprofit corporation and was established  under the Kentucky Industrial Development Authority Act, and was a  joint city/county effort for industrial development in Kentucky.   Capital Community purchased the Komatsu Press, then entered into a  lease with Illinois based Certified Tool and Manufacturing for the  lease of the press.  The lease required Certified Tool to make  monthly payments to Capital Community in the amount of $3,394.10 for  84 months. The agreement further provided that, upon completing all  payments due and owing under the agreement, Certified Tool would  become the sole owner of the equipment, including the Komatsu Press.   Capital Community did not file a UCC-1 Financing Statement.  Sounds  like a secured loan, doesn’t it?   Seven  years later, Working Capital Solutions, Inc. .(WCS) made a loan to  Certified Tool subject to a Security Agreement, and filed a UCC-1  Financing Statements in Kentucky and Illinois.  A  month later, Delphi Automotive Systems loaned Certified Tool $250,000  secured by personal property and subject to a Security Agreement and  Delphi also filed a UCC-1 Financing Statements in Kentucky and  Illinois.  Delphi ultimately purchased all of WCS’s interest in its  loan and collateral.   Six  months later, Certified Tool defaulted under both loans.  Delphi  repossessed the Press, liquidated it, and deposited the proceeds  pending a resolution of the competing security agreements and UCC  filings.  Delphi sued Capital Community for a judicial determination  of its first priority perfected UCC-1 as against Capital Community’s  unfiled and unperfected lease lien.  Capital  Community argued that its agreement with Certified Tool was a true  lease of the Press, and that, as the lessor, its interest in the  Komatsu Press was superior to that of Delphi.  To the contrary,  Delphi argued that the agreement between Certified Tool and Capital  Community was not a lease but rather an unperfected and inferior  security agreement pursuant to UCC § 1-203. The  trial court held for Capital Community, ruling that while the lease  was really a security interest, as public corporation, it was exempt  from the perfection requirements of the Uniform Commercial Code as a  matter of public policy.  In other words, Capital Community was not  required to file a UCC-1 because of public policy reasons, and could  hold a secret lien which was undiscoverable by other secured  creditors.   On  appeal, the Kentucky Court of Appeal had no problem ruling that this  matter was secured loan, not a true lease, because Certified Tool was  “bound to become the owner” of the Press for no additional  consideration. As for  Capital Community’s secret lien, the Court of Appeals threw Capital  Community a life line, by discovering UCC § 9-109, which exempts  governmental transfers from filing a UCC-1.  Thus, a governmental  unit may maintain a secret lien.  Capital Community was deemed to be  a governmental unit, and its lease transaction was deemed to be a  “transfer.”  Delphi was held to be unsecured. The  single lesson for the equipment lessors here is to be aware that  there are secret governmental liens.  If the reader is financing new  equipment, the potential secret lien would not be a problem.   However, if the lessor is doing a leaseback or taking additional  collateral, the lessor could easily run into this type of secret  lien.   When I  was at The CIT Group, our underwriters typically obtained full  financial statements and a cursory review of the financial statement  would have disclosed the payable to Capital Community, which would  have resulted in questions about the potential collateral and we  would have wanted to see the underlying contract.  In short, we would  have figured this out.  Perhaps Delphi was not well versed in asset  based lending to discover the super-priority secret governmental  equipment lease.   Tom  McCurnin is a partner at Barton, Klugman & Oetting in  Los Angeles, California. 
  Barton, Klugman &  Oetting350 South Grand Ave.
 Suite 2200
 Los Angeles, CA 90071
 Tom McCurnin
 Direct Phone: (213)  617-6129
 Cell (213) 268-8291
 Fax: (213) 625-1832
 Email:  tmccurnin@bkolaw.com
 Visit our web site at www.bkolaw.com
 
 Priority  Lien Casehttp://www.leasingnews.org/PDF/PriorityLienCase_112012.pdf
 
 An  article discussing secret liens written by Tom McCurnin:http://www.bkolaw.com/site/pdf/lien_times.pdf
 Previous  Tom McCurnin Articles:http://www.leasingnews.org/Conscious-Top%20Stories/leasing_cases.html
 
 
 
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 Why  I Became a CLP 
 
 Sarah  VanNostrandSenior  Project Manager,
 First  American Equipment Finance
  
 I  spent several months studying for the exam, both on my own time and  with peers at First American Equipment Finance, Fairpoint, New York,  who were also pursuing the CLP designation.  Even the handbook  provided a number of “a-ha” moments where I expanded my expertise  in areas I had never before considered. My  involvement in the leasing industry has taken me far beyond what I  ever expected was possible, and the addition of the Certified Leasing  Professional designation has opened even more career doors by  providing a full-circle understanding of the industry.  It is clear  that as a CLP, my day-to-day decisions are more informed.  What is  more, I fully expect that the designation will grow my network,  assist in building my recognition as a leader, and position me as an  entrepreneur among my colleagues.  My  career in leasing began when I secured an internship in the  Operations Department at First American Equipment Finance after  earning an MBA from the Rochester Institute of Technology (RIT).  As  a member of a customer service-focused organization, I elected to  pursue the CLP designation for a number of reasons.  First, I had  received several promotions, and as a Senior Project Manager, I  believed that becoming a CLP would immediately provide customers and  prospects with a high degree of confidence and trust in my abilities.   Next, I wanted to gain a more thorough understanding of the factors  that contribute to decisions made by customers – as well as  decisions made within my own organization.  But most importantly, I  knew that becoming a CLP would distinguish me – and First American  – from our competition.  There is no question: the CLP designation  is well respected and will be a key to my continued success within  this industry. It  is true that a vast amount of effort goes into preparing for the  eight-hour CLP exam.  But receiving the call that I’d achieved the  designation was one of the most rewarding moments of my career.  The  CLP designation is highly valued within First American, and I expect  participation in the program at First American to increase in the  years to come.  As we continue to establish becoming a CLP as a  critical milestone at our company, I am proud that I am among the  first colleagues here to complete the program; and am the first  female to gain this recognition within our organization.  We now have  seven CLPs and hopefully more here will earn the distinction. Beyond  my original intentions, I found that becoming a CLP was extremely  fulfilling.  I certainly recommend it to all professionals who want  to succeed. Why  I Became a CLP Series---http://www.leasingnews.org/CLP/Index.htm
 
  ((Please click  on ad to learn more))(Leasing  News provides this ad “gratis” as a means
 to  help support the growth of Lease Police)
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 App  for Smart phone --Field Trip  
 For  trivia buffs, as well as those interested in history, this program runs  in the background of your telephone.  When you are close to something  interesting you set this up to notify you or to bring it up on the  screen. No click is required.  On mine, it vibrates. You  can set it up for your interests such as architecture, historic places  and events, lifestyles, cool & unique, and has other features. The  new version has fixed bugs noted by users as the program is  relatively new. Here  is the computer web site:https://play.google.com/store/apps/details?
 
   
  
    
      | John Kenny Receivables Management• End of Lease Negotiations & Enforcement• Fraud Investigations
 • Credit Investigations • Asset Searches
 • Skip-tracing • Third-party Commercial Collections
 
 john@jkrmdirect.com | ph 315-866-1167| www.jkrmdirect.com |  (Leasing  News provides this ad as a trade for investigationsand  background information provided by John Kenny)
 
 
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 49  Banks Failed to DateBy  Robert Clark and Aarti Kanjani
 SNL  Financial
 
 
   Regulators  did not close any banks Friday, Nov. 9, leaving the year's total at  49. Last year, regulators had closed 88 banks through Nov. 11.
 
 As of  Nov. 9, the FDIC entered loss-share agreements with the buyers of 19  of the 49 banks closed in 2012. In 2011, the FDIC entered loss-share  agreements with the buyers of 58 of the 92 closed banks. In 2010, the  FDIC entered loss-share agreements with the buyers of 130 of the 157  failed banks.
  
 The  median cost to the deposit insurance fund at the time of announcement  as a percentage of the failed banks' assets was 21% in 2012, with 49  failures. The median cost in 2011 and 2010 was 23%, and it was 29% in  2009.
 
 List  of Bank Failures:http://www.fdic.gov/bank/individual/failed/banklist.html
 Bank  Beat:http://www.leasingnews.org/Conscious-Top%20Stories/Bank_Beat.htm
 
 
     Please  send Leasing News to a colleague and ask them to subscribe.Just  send email to kitmenkin@leasingnews and in subject line: subscribe
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 Leasing  News Top Stories   November 5--November 9 
  
 Here  are the top ten stories opened by readers:
 (1) Court Stings Financial  Pacific Leasing on Failure toProperly  Obtain “Acceptance” of the Leased Equipment
 By  Frank Peretore, Tom McCurnin, and Scott D. Chait
 http://leasingnews.org/archives/Nov2012/11_09.htm#court
 (2) What You Missed in Marlin  Leasing’s Last Press Releasehttp://leasingnews.org/archives/Nov2012/11_05.htm#marlin
 (3) Archives---November  9, 2007Mea  Culpa: Jim Raeder—Mark McQuitty Busted
 http://leasingnews.org/archives/Nov2012/11_09.htm#archives
 (4) Pictures from the Past---1989-A&T  Credit Operation
 http://leasingnews.org/archives/Nov2012/11_05.htm#past
 (5) Companies who utilize  Evergreen Clauses  for Extra Lease Payments
 http://leasingnews.org/archives/Nov2012/11_07.htm#evergreen
 (6) Third-IFC Credit Trustee,  Northfield, IllinoisBulletin  Board Complaint
 by  Christopher Menkin
 http://leasingnews.org/archives/Nov2012/11_07.htm#bbc
 (7) Balboa Capital Sees  Increase in Business Equipment Leasinghttp://leasingnews.org/archives/Nov2012/11_07.htm#balboa
 (8) Ascentium Capital  Announces Additions to Credit Facilithttp://leasingnews.org/archives/Nov2012/11_07.htm#ac
 
 (9) Colford Capital Acquires  Equilease Financial Servicesto  Create North Mill Equipment Finance
 http://leasingnews.org/archives/Nov2012/11_09.htm#colford
 (Tie) (10) Archives---November  7, 200510,629  NorVergence Leases in Contention
 http://leasingnews.org/archives/Nov2012/11_07.htm#archives
 (Tie)(10) Leasing 102 by Mr. Terry  Winders, CLP“Lessors  Margin”
 http://leasingnews.org/archives/Nov2012/11_05.htm#lessors
 
   
 
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 #####  Press Release ############################ 
 ELFA  Announces Business CouncilSteering  Committee Election Results
 
  
 Washington,  D.C. – The Equipment Leasing and Finance Association has announced  the results of the association’s September 2012 Business Council  Steering Committee elections. The Business Council Steering  Committees are the association’s primary constituent bodies and are  an integral part of ELFA’s operations, providing critical input on  the direction of the association and serving as a bridge between the  membership and the Board of Directors and staff. Each committee  analyzes the needs of companies in the segment it represents and  recommends to the Board of Directors how to meet those needs. The  committee members are elected by the Business Council membership for  a term of two years o a staggered basis. 
 The  Captive and Vendor Finance Business Council Steering Committee represents financial  services organizations that provide sales-assisted financing and  vendor and manufacturer support activities, either on a third-party  or captive basis.  The  newly-elected or re-elected committee members for 2013 are:  
  
    Jeffrey  	Berg, Philips Medical Capital
    James  	Cress, Stryker Finance
    James  	Elwood, Bank of the West
    Richard  	Gumbrecht, Everbank Commercial Finance
    Daniel  	J. Krajewski, Direct Capital
    Gregory  	Larson, Creekridge Capital
    Thomas  	Vasilakos, PNC Equipment Finance
    Maryann  	von Seggern, Cisco Capital The  Financial Institutions Business Council Steering Committee represents bank-related organizations and other financial  institutions (commercial banks, investment banks, and multi-line  finance companies) involved in single transactions over $5 million.  The newly-elected or re-elected committee members for 2013 are:  
  
    Lori  	Frasier, Key Equipment Finance (Committee  	Chair)
    Thomas  	Cira, Bridge Capital Leasing
    Andre  	Crompton, Sterling National Bank Equipment Finance Division
    Daniel  	McKew, Capital One Equipment Leasing & Finance
    Russell  	Nelson, Farm Credit Leasing Services Corporation
    Kirk  	Phillips, AIG Commercial Asset Finance
    Alan  	Sikora, First American Equipment Finance, A City National Bank  	Company The  Independent Middle Market Business Council Steering Committee represents non-bank-related organizations primarily involved in  transactions between $250,000 and $5 million, either individually or  through lines. In  2013, David Mirsky of  Pacific Rim Capital will serve as  Committee Chair. The  newly-elected or re-elected committee members for 2013 are:  
  
    Craig  	Ault, CSI Leasing
    Andrew  	Bender, Graphic Savings Group
    John  	Heist, Jr., Summit Funding Group
    Gary  	LoMonaco, Forsythe/McArthur Associates
    Deborah  	Monosson, Boston Financial & Equity
    Quinn  	Scullion, Somerset Capital Group
    Rob  	Stowers, PHH Arval
    Neil  	Whitman, NewStar Equipment Finance The  Service Providers Business Council Steering Committee represents companies that providing a variety of services in support  of the equipment finance industry, including legal, accounting,  software and systems support, and other specialized professional  services.  The  newly-elected or re-elected committee members for 2013 are:  
  
    Brett  	Boehm, TBF Financial
    Josh  	Bridge, Capgemini Financial Services USA
    Jeff  	Dicosola, Great American Insurance
    Rick  	Henderson, EquipmentEngine Financial Services Company     Barry  		Ripes, Paynet* 
 The  Small Ticket Business Council Steering Committee represents financial services organizations primarily involved in  transactions under $250,000, either individually or through lines.  In  2013, David Verkinderen of  US Bank Equipment Finance will  serve as Committee Chair.  The  newly-elected or re-elected committee members for 2013 are:  
  
    Kris  	Darby, Western Equipment Finance
    Jack  	Haynes, Wells Fargo Financial Leasing
    Terey  	Jennings, Financial Pacific Leasing
    Marty  	Klees, GreatAmerica Leasing Corporation
    Carl  	Zwilling, Summit Funding Group About  ELFA The  Equipment Leasing and Finance Association (ELFA) is the trade  association that represents companies in the $628 billion equipment  finance sector, which includes financial services companies and  manufacturers engaged in financing capital goods. ELFA members are  the driving force behind the growth in the commercial equipment  finance market and contribute to capital formation in the U.S. and  abroad. Its 580 members include independent and captive leasing and  finance companies, banks, financial services corporations,  broker/packagers and investment banks, as well as manufacturers and  service providers. For more information, please visit  www.elfaonline.org. Follow ELFA on Twitter @ELFAonline. ###  Press Release ############################### 
  Send Leasing News to a Colleague. We are free!!!
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  Cairn  Terrier Mix PuppyVancouver,  British Columbia
 
 
   PintoID#  281232
 Male
 Puppy
 2  months
 
 Shelter:  BC SPCA - Vancouver ShelterPet  ID #: 281232
 Phone:  (604) 879-7721
 Let  'em know you saw "Pinto" on Adopt-a-Pet.com!
 E-mail:  vancouver@spca.bc.ca
 Let  'em know you saw "Pinto" on Adopt-a-Pet.com!
 Fax:  	(604) 879-1498
 Website:  http://www.spca.bc.ca/vancouver
 Address:  1205 East 7th Avenue
 Vancouver,  BC V5T 1R1
 Hours  of operationMonday  to Friday 	10:30 am to 5:30 pm
 Saturday  and Sunday 	10:30 am to 4:30 pm
   Adopt-a-Pet  by Leasing Co. State/Cityhttp://www.leasingnews.org/Conscious-Top%20Stories/Adopt_Pet.htm
 
 Adopt  a Pethttp://www.adoptapet
 
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 Cisco’s  Net Income Climbs, Beating Wall St. Forecastshttp://www.nytimes.com/2012/11/14/business/cisco-profits-rise-beating-forecasts.html?_r=0
 Small  banks battle regulators on capital requirementshttp://www.washingtonpost.com/business/economy/small-banks-battle-regulators-on-capital-requirements/2012/11/13/e5e52c14-2db0-11e2-9ac2-1c61452669c3_story.html
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 'Motor  Trend' names Tesla Model S as Car of the Yearhttp://www.usatoday.com/story/money/cars/2012/11/12/tesla-model-s-electric-car-motor-trend-car-of-the-year/1701167/
 
 
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 SparkPeople--Live  Healthier and Longer  
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 Oakland  A's skipper Bob Melvin is American League's top managerhttp://www.mercurynews.com/athletics/ci_21989511/oakland-skipper-bob-melvin-is-american-leagues-top
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 I  take the snap from center, fake to the right, fade back . . . I've  got protection. I've got a receiver open downfield. . . . What the  hell is this? This isn't a football, it's a shoe, a man's brown  leather oxford. A cousin to a football maybe, the same skin, but not  the same, a thing made for the earth, not the air. I realize that  this is a world where anything is possible and I understand, also,  that one often has to make do with what one has. I have eaten  pancakes, for instance, with that clear corn syrup on them because  there was no maple syrup and they weren't very good. Well, anyway,  this is different. (My man downfield is waving his arms.) One has  certain responsibilities, one has to make choices. This isn't right  and I'm not going to throw it.  Louis  Jenkins    
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  “Gimme  that Wine”
 http://www.youtube.com/watch?v=EJnQoi8DSE8
 
 
 California  2012 'outstanding'http://www.decanter.com/news/wine-news/530609/california-2012-outstanding
 
 The  Alexander Valley wine good enough for Timberlake and Bielhttp://healdsburg.towns.pressdemocrat.com/2012/11/news/the-alexander-valley-wine-good-enough-for-timberlake-and-biel/
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   Free  Mobile Wine Programhttp://leasingnews.org/archives/Feb2010/2_26.htm#mobile
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 This Day in History 
             1732-The Library Company of Philadelphia signed a contract with its first librarian. Founded by Benjamin Franklin and friends in November 1731, the library enrolled members for a fee of 40 shillings but had to wait for its books to arrive from England before beginning full operation.1784-Samuel Seabury, 55, was consecrated Bishop of Connecticut and Rhode Island, the first bishop of the American Protestant Episcopal Church, and the first Anglican bishop in America.
 1803 -- American author Jacob Abbott born Hallowell, Maine.Abbott wrote the first fictional series for children, introducing many of the key types and techniques of series books, popularizing the genre virtually single-handedly, and wrote some of the earliest American juveniles deserving of the term "children's literature"
 http://www.readseries.com/auth-a/ab-bio.html
 http://www.merrycoz.org/bib/ABBOTT.HTM
 1832 - The first horse car (a streetcar drawn by horses) was displayed in New York City. The vehicle had room for 30 people in three compartments. The new service traveled Fourth Avenue between Prince and Fourteenth Streets.
 1851 - “Call me Ishmael. Some years ago -- never mind how long precisely -- having little or no money in my purse, and nothing particular to interest me on shore, I thought I would sail about a little and see the watery part of the world...” Thus begins Herman Melville’s book "Moby-Dick; or, The Whale", which was first published in New York City by Harper & Brothers on this day. The complex, but rousing sea story tells the tale of a sea captain’s search for Moby Dick, the great white whale that had once crippled him. The story is told by sailor-narrator Ishmael. Through the pages of "Moby Dick", we meet Ishmael’s bunkmate Queequeg, a whale harpooner from Polynesia; learn everything there is to know about whaling in the nineteenth century; and, of course, about Captain Ahab and his obsession with Moby Dick.  In 1846, he published his first novel, Typee, based on his Polynesian adventures. His second book, Omoo (1847), also dealt with the South Seas. The two novels became popular, although his third, Mardi (1849), more experimental in nature, failed to catch on with the public. Melville bought a farm near Nathaniel Hawthorne's house in Massachusetts, and the two became close friends, although they later drifted apart. Melville wrote for journals and continued to publish novels. Moby Dick was coolly received, but his short stories were highly acclaimed. Putnam's Monthly published "Bartleby the Scrivener" in 1853 and "Benito Cereno" in 1855. In 1866, Melville won appointment as a customs inspector in New York, which brought him a stable income. He published several volumes of poetry. He continued to write until his death in 1891, and his last novel, Billy Budd, was not published until 1924.
 1882-Gunslinger Franklin "Buckskin" Leslie shoots the Billy "The Kid" Claiborne dead in the streets of Tombstone, Arizona. (The name of one of Aaron Copland’s work, who’s birthday is today-1900)The town of Tombstone is best known today as the site of the infamous shootout at the O.K. Corral. In the 1880s, however, Tombstone was home to many gunmen who never achieved the enduring fame of Wyatt Earp or Doc Holliday. Franklin "Buckskin" Leslie was one of the most notorious of these largely forgotten outlaws. There are few surviving details about Leslie's early life. The first historical evidence of Leslie's life emerges in 1877, when he became a scout in Arizona. A few years later, Leslie was attracted to the moneymaking opportunities of the booming mining town of Tombstone, where he opened the Cosmopolitan Hotel in 1880. That same year he killed a man named Mike Killeen during a quarrel over Killeen's wife, and he married the woman shortly thereafter. Leslie's reputation as a cold-blooded killer brought him trouble after his drinking companion and fellow gunman John Ringo was found dead in July 1882. Some Tombstone citizens, including a young friend of Ringo's named Billy "The Kid" Claiborne, were convinced that Leslie had murdered Ringo, though they could not prove it. Probably seeking vengeance and the notoriety that would come from shooting a famous gunslinger, Claiborne unwisely decided to publicly challenge Leslie, who shot him dead. The remainder of Leslie's life was equally violent and senseless. After divorcing Killeen in 1887, he took up with a Tombstone prostitute, whom he murdered several years later during a drunken rage. Even by the loose standards of frontier law in Tombstone, the murder of an unarmed woman was unacceptable, and Leslie served nearly 10 years in prison before he was paroled in 1896. After his release, he married again and worked a variety of odd jobs around the West. He reportedly made a small fortune in the gold fields of the Klondike region before he disappeared forever from the historical record.
 1861 -- Historian Frederick Jackson Turner
 (The Frontier in American History) born Portage, Wisconsin.
 http://www.bgsu.edu/departments/acs/1890s/turner/turner.html
 http://www.pbs.org/weta/thewest/people/s_z/turner.htm
 1900- birthday of American composer Aaron Copland , born at Brooklyn, NY. Incorporating American folk music and, later, the 12-tone system, he strove to create an American music style that was both popular and artistic. He composed ballets, film scores and orchestral works including Fanfare for the Common Man (1942), Appalachian Spring (1944) (for which he won the Pulitzer Prize) and the score for The Heiress (1948) (for which he won an Oscar) and “Billy the Kid.”
 He died Dec 2, 1990, at North Tarrytown, NY.
 http://memory.loc.gov/ammem/today/nov14.html
 1900-Ban Johnson, president of the minor Western League, announced his intention to upgrade its status to a major league and to change its name to the American League.
 1903- The first football game was played in the first football stadium, Harvard Stadium, Cambridge, MA. It was specifically build for football, made of concrete and the largest steel re-enforced concrete structure in the world at the time of construction. The stadium had a seating capacity of 40,000.
 1904 - Art Hodes Birthday
 http://www.amazon.com/exec/obidos/ISBN%3D0252017536/107-7460879-4591723
 1906 -- Actress Louise Brooks born Cherryvale, Kansas. She is the fourth most written about actress (in terms of major magazine articles) after Clara Bow, Joan Crawford and Colleen Moore.
 http://www.pandorasbox.com/
 1917- Storyville, also known as the District, New Orleans’s red-light district, a series of honky-tonks and sporting house, was shut down by the U.S. Navy The closing tended to drive jazz musicians out of New Orleans, up the river, including the Original Dixieland Jass Band that opened at Reisenweber’s Restaurant in New York City. In this year, the group made the first jazz recording, including “ Tiger Rag,” “Barnyard Blues, “ Clarinet Marmalade, “: At the Jazz Band Ball, and “Reisenweber Rag.”
 1919-Birthday of Constance Frances Marie Ockleman, later known as Veronica Lake, born in Brooklyn, N.Y. Lake began appearing in films under the name Constance Keane in 1939; in 1941, she changed her name and was soon a major Hollywood draw, frequently starring opposite Alan Ladd in films like This Gun for Hire (1942), The Glass Key (1942), and The Blue Dahlia (1946). Her career took a nosedive in the late 1940s and early 1950s. She and her husband, director Andre de Toth, filed for bankruptcy. Lake stopped acting and allegedly drank heavily. In the 1960s, a reporter discovered her working at a hotel bar in New York. She later began acting again in small roles and published an autobiography in 1969. She died of hepatitis in 1973.
 1934-Birthday of pianist Ellis Marsalis, New Orleans, LA
 http://www.nathanielturner.com/ellismarsalis.htm
 http://www.louisianamusic.org/ELMBioandDiscog.html
 1934-Under the direction of Leopold Stokowski, who was conducting the Philadelphia Orchestra at the Academy of Music, Philadelphia, PA, the symphony No. 1, known as the Negro Folk Symphony, composed by the African-American conductor William Levi Dawson was presented.
 http://www.africanpubs.com/Apps/bios/0759DawsonWilliam.asp?pic=none
 1935 - President Roosevelt proclaimed the Philippine Islands a free commonwealth. Manuel Luis Quezon was sworn in as the first Filipino president, as the Commonwealth of Philippines was inaugurated.
 1942 - Off the coast of Guadalcanal, Admiral Tanaka turns south with his destroyers and transports and comes under heavy air attack from both Henderson Field and planes from the USS Enterprise. Seven of the transports and two warships are lost. He continues his advance throughout the night and manages to sail his remaining transports to Tassafaronga. However, more of the Japanese troops are killed by air attack while disembarking. Meanwhile, the second battle of Guadalcanal gets underway shortly before midnight. The Japanese covering force supporting the convoy, led by Admiral Kondo ( with the battleship Kirishima, four cruisers and nine destroyers), encounters US Task Force 64, under the command of Admiral Lee ( with the battleships Washington and South Dakota and four destroyers). The battle begins with damage to the South Dakota. It is forced from the battle. A seven minute burst of fire from the USS Washington sinks the Kirishima. Control of the seas around Guadalcanal is passing to the Americans. Supply problems are mounting for the Japanese, who will now be forced to make considerable use of submarines to transport supplies. Already many of the Japanese troops are ill and hungry.
 1942---BAUER, HAROLD WILLIAM Medal of Honor
 Rank and organization: Lieutenant Colonel, U.S. Marine Corps. Born: 20 November 1908. Woodruff, Kans. Appointed from: Nebraska. Citation: For extraordinary heroism and conspicuous courage as Squadron Commander of Marine Fighting Squadron 212 in the South Pacific Area during the period 10 May to 14 November 1942. Volunteering to pilot a fighter plane in defense of our positions on Guadalcanal, Lt. Col. Bauer participated in 2 air battles against enemy bombers and fighters outnumbering our force more than 2 to 1, boldly engaged the enemy and destroyed 1 Japanese bomber in the engagement of 28 September and shot down 4 enemy fighter planes in flames on 3 October, leaving a fifth smoking badly. After successfully leading 26 planes on an over-water ferry flight of more than 600 miles on 16 October, Lt. Col. Bauer, while circling to land, sighted a squadron of enemy planes attacking the U.S.S. McFarland. Undaunted by the formidable opposition and with valor above and beyond the call of duty, he engaged the entire squadron and, although alone and his fuel supply nearly exhausted, fought his plane so brilliantly that 4 of the Japanese planes were destroyed before he was forced down by lack of fuel. His intrepid fighting spirit and distinctive ability as a leader and an airman, exemplified in his splendid record of combat achievement, were vital factors in the successful operations in the South Pacific Area.
 1943 -- During World War II, President Franklin D. Roosevelt, Secretary of State Cordell Hull, and all of America's top military brass, narrowly escape disaster aboard the U.S. battleship Iowa, when a live torpedo is accidentally fired at them from a U.S. destroyer. To demonstrate to the president the defensive abilities of the Iowa, the battleship launches a series of weather balloons to use as anti-aircraft targets. Men on the nearby destroyer William D. Porter, under Captain Jesse Walker, are ordered to battle stations and begin shooting down the balloons that the Iowa had missed. Better yet, a simulated torpedo firing was ordered, and the torpedo room obliged. Unfortunately, torpedoer Lawton Dawson neglected to disarm torpedo tube #3, and an armed torpedo was fired at the Iowa. The Iowa rapidly began evasive maneuvers, as all guns were turned on the Porter. Word of the firing reached Roosevelt, who asked that his wheelchair be moved to the ship's railing so that he could watch the torpedo's approach. It exploded behind the ship's massive wake. The Porter is ordered to return to Bermuda, and Captain Walker and the entire crew are arrested by a force of Marines upon docking. President Roosevelt intervened and the ship was kidded throughout the fleet with signs saying, “Don’t Shoot, We’re Republicans.” On 10 June 1945, the Porter's hard luck finally ran out. She was sunk by a plane which had (unintentionally) attacked underwater. A Japanese bomber almost made entirely of wood and canvas slipped through the Navy's defense. Having little in the way of metal surfaces, the plane didn't register on radar. A fully loaded kamikaze, it was headed for a ship near the Porter, but just at the last moment veered away and crashed along side the unlucky destroyer. There was a sigh of relief as the plane sunk out of sight, but then it blew up underneath the Porter, opening her hull in the worst possible location. Three hours later, after the last man was off board, the Captain jumped to the safety of a rescue vessel and the ship that almost changed world history slipped astern into 2400 feet of water. Not a single soul was lost in the sinking. After everything else that happened, it was almost as if the ship decided to let her crew off at the end.
 http://bobrosssr.tripod.com/porterstory.html
 1943-Sid Luckman of the Chicago Bears became the first professional quarterback to pass for more than 400 yards in a single game, throwing for 433 yards and seven touchdowns as the Bears walloped the New York Giants, 56-7.
 1944 - An outstanding array of musicians gathered in Hollywood to record a classic. Tommy Dorsey and orchestra made "Opus No. 1", Victor record number 20-1608. Buddy Rich was the drummer in the session, Buddy DeFranco on sac and clarinet, and Nelson Riddle played trombone on the Sy Oliver arrangement.
 1944-Birthday of pianist George Cables, Brooklyn, NY.
 1945---Top Hits
 It’s Been a Long, Long Time - The Harry James Orchestra (vocal: Kitty Kallen)
 Till the End of Time - Perry Como
 I’ll Buy that Dream - The Pied Pipers
 With Tears in My Eyes - Wesley Tuttle
 1953---Top Hits
 Ebb Tide - The Frank Chacksfield Orchestra
 Rags to Riches - Tony Bennett
 Many Times - Eddie Fisher
 There Stands the Glass - Webb Pierce
 1954-Birthday of Condoleezza Rice, US National Security Adviser to President George Bush, Birmingham, AL.
 1954-Birthday of new age composer Yanni, born Yanni Chrysomalis, Kalamata,
 Greece. He made a big hit of musical cd’s sold via television commercials.
 1957 -- Twenty underworld kingpins stage "Crime Convention" in Appalachia, New York
 1959 - The eruption of Kilauea Iki Crater (Nov 14-Dec 20, 1959) on the Big Island of Hawaii was a relatively brief event, but produced some of Kilauea’s most spectacular lava fountains of the 20th century. (The current Pu`u `O`o-Kupaianaha eruption of Kilauea began in 1983).
 1960--- Elvis Presley's latest single, "It's Now or Never," sells 780,000 copies in the UK during its first week of release, making it the fastest-selling song in the country's history.
 1960--- Drummer Cozy Cole of "Topsy" fame is sent by the US State Department on a 20-week goodwill tour of Africa
 1960- Ray Charles' "Georgia on My Mind" hits #1
 1961---Top Hits
 Big Bad John - Jimmy Dean
 Fool #1 - Brenda Lee
 Tower of Strength - Gene McDaniels
 Walk on By - Leroy Van Dyke
 1961 - The Elvis Presley film ``Blue Hawaii'' premieres.
 1961 - President Kennedy increased the number of American advisors in Vietnam from 1,000 to 16,000.
 1964 - Gordie Howe of the Detroit Red Wings set a National Hockey League record as he scored his 627th career goal in a game against Montreal.
 1964 - With the help of a fresh three inch cover of snow, the temperature at Ely, NV, dipped to 15 degrees below zero to establish an all-time record low for the month of November. That record of -15 degrees was later equaled on the 19th of November in 1985.
 1965--CAPTAIN ED W. FREEMAN Medal of Honor
 United States Army; for conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty: Captain Ed W. Freeman, United States Army, distinguished himself by numerous acts of conspicuous gallantry and extraordinary intrepidity on 14 November 1965 while serving with Company A, 229th Assault Helicopter Battalion, 1st Cavalry Division (Airmobile). As a flight leader and second in command of a 16-helicopter lift unit, he supported a heavily engaged American infantry battalion at Landing Zone X-Ray in the Ia Drang Valley, Republic of Vietnam. The unit was almost out of ammunition after taking some of the heaviest casualties of the war, fighting off a relentless attack from a highly motivated, heavily armed enemy force. When the infantry commander closed the helicopter landing zone due to intense direct enemy fire, Captain Freeman risked his own life by flying his unarmed helicopter through a gauntlet of enemy fire time after time, delivering critically needed ammunition, water and medical supplies to the besieged battalion. His flights had a direct impact on the battle's outcome by providing the engaged units with timely supplies of ammunition critical to their survival, without which they would almost surely have gone down, with much greater loss of life. After medical evacuation helicopters refused to fly into the area due to intense enemy fire, Captain Freeman flew 14 separate rescue missions, providing life-saving evacuation of an estimated 30 seriously wounded soldiers -- some of whom would not have survived had he not acted. All flights were made into a small emergency landing zone within 100 to 200 meters of the defensive perimeter where heavily committed units were perilously holding off the attacking elements. Captain Freeman's selfless acts of great valor, extraordinary perseverance and intrepidity were far above and beyond the call of duty or mission and set a superb example of leadership and courage for all of his peers. Captain Freeman's extraordinary heroism and devotion to duty are in keeping with the highest traditions of military service and reflect great credit upon himself, his unit and the United States Army.
 1965-MARM, WALTER JOSEPH, JR. Medal of Honor
 Rank and organization: First Lieutenant (then 2d Lt.), U.S. Army, Company A, 1st Battalion, 7th Cavalry, 1st Cavalry Division (Airmobile). place and date: Vicinity of la Drang Valley, Republic of Vietnam, 14 November 1965. Entered service at: Pittsburgh, Pa. Born: 20 November 1941, Washington, pa. G.O. No.: 7, 15 February 1967. Citation: For conspicuous gallantry and intrepidity at the risk of life above and beyond the call of duty. As a platoon leader in the 1st Cavalry Division (Airmobile), 1st Lt. Marm demonstrated indomitable courage during a combat operation. His company was moving through the valley to relieve a friendly unit surrounded by an enemy force of estimated regimental size. 1st Lt. Marm led his platoon through withering fire until they were finally forced to take cover. Realizing that his platoon could not hold very long, and seeing four enemy soldiers moving into his position, he moved quickly under heavy fire and annihilated all 4. Then, seeing that his platoon was receiving intense fire from a concealed machine gun, he deliberately exposed himself to draw its fire. Thus locating its position, he attempted to destroy it with an antitank weapon. Although he inflicted casualties, the weapon did not silence the enemy fire. Quickly, disregarding the intense fire directed on him and his platoon, he charged 30 meters across open ground, and hurled grenades into the enemy position, killing some of the 8 insurgents manning it. Although severely wounded, when his grenades were expended, armed with only a rifle, he continued the momentum of his assault on the position and killed the remainder of the enemy. 1st Lt. Marm's selfless actions reduced the fire on his platoon, broke the enemy assault, and rallied his unit to continue toward the accomplishment of this mission. 1st Lt. Marm's gallantry on the battlefield and his extraordinary intrepidity at the risk of his life are in the highest traditions of the U.S. Army and reflect great credit upon himself and the Armed Forces of his country.
 1965 - US government sent 90,000 soldiers to Vietnam.
 1965--CRANDALL, BRUCE P. Medal of Honor
 Rank and Organization: Major, U.S. Army, Company A, 229th Assault Helicopter Battalion, 1st Cavalry Division (Airmobile). Place and dates: Ia Drang Valley, Republic of Vietnam, 14 November 1965. Place and date of birth: Olympia, Washington, 1933. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty: Major Bruce P. Crandall distinguished himself by extraordinary heroism as a Flight Commander in the Republic of Vietnam, while serving with Company A, 229th Assault Helicopter Battalion, 1st Cavalry Division (Airmobile). On 14 November 1965, his flight of sixteen helicopters was lifting troops for a search and destroy mission from Plei Me, Vietnam, to Landing Zone X-Ray in the Ia Drang Valley. On the fourth troop lift, the airlift began to take enemy fire, and by the time the aircraft had refueled and returned for the next troop lift, the enemy had Landing Zone X-Ray targeted. As Major Crandall and the first eight helicopters landed to discharge troops on his fifth troop lift, his unarmed helicopter came under such intense enemy fire that the ground commander ordered the second flight of eight aircraft to abort their mission. As Major Crandall flew back to Plei Me, his base of operations, he determined that the ground commander of the besieged infantry batallion desperately needed more ammunition. Major Crandall then decided to adjust his base of operations to Artillery Firebase Falcon in order to shorten the flight distance to deliver ammunition and evacuate wounded soldiers. While medical evacuation was not his mission, he immediately sought volunteers and with complete disregard for his own personal safety, led the two aircraft to Landing Zone X-Ray. Despite the fact that the landing zone was still under relentless enemy fire, Major Crandall landed and proceeded to supervise the loading of seriously wounded soldiers aboard his aircraft. Major Crandall's voluntary decision to land under the most extreme fire instilled in the other pilots the will and spirit to continue to land their own aircraft, and in the ground forces the realization that they would be resupplied and that friendly wounded would be promptly evacuated. This greatly enhanced morale and the will to fight at a critical time. After his first medical evacuation, Major Crandall continued to fly into and out of the landing zone throughout the day and into the evening. That day he completed a total of 22 flights, most under intense enemy fire, retiring from the battlefield only after all possible service had been rendered to the Infantry battalion. His actions provided critical resupply of ammunition and evacuation of the wounded. Major Crandall's daring acts of bravery and courage in the face of an overwhelming and determined enemy are in keeping with the highest traditions of the military service and reflect great credit upon himself, his unit, and the United States Army.
 1966 - Boxing’s largest indoor crowd assembled in the Houston Astrodome to see Cassius Clay defeat Cleveland Williams -- by a TKO.
 1967 - The Monkees received a gold record for "Daydream Believer".
 1967-Brave and reportedly well-liked Major General Bruno Arthur Hochmuth, commander of the 3rd Marine Division, was killed at Hue, Vietnam, when ground fire downed the helicopter in which he was a passenger. Two American pilots, an American crew chief, and a Vietnamese interpreter were also killed in the crash.
 1969- Apollo 12, a space milestone launched this date. This was the second manned lunar landing—in Ocean of Storms. First pinpoint landing. Astronauts Conrad, Bean and Gordon visited Surveyor 3 and took samples. Earth splashdown November 24.
 1969---Top Hits
 Wedding Bell Blues - The 5th Dimension
 Come Together - The Beatles
 Baby It’s You - Smith
 To See My Angel Cry - Conway Twitty
 1970-Birthday of Dana William Stubblefield, San Francisco 49ers, born, Cleves.OH.
 1970--Santana's "Black Magic Woman" is released.
 1972- the Dow-Jones Index of 30 major industrial stocks topped the 1,000 mark for the first time.
 1972 - No. 1 Billboard Pop Hit: ``I Can See Clearly Now,'' Johnny Nash.
 1974 - A storm produced 15 inches of snow at the Buffalo, NY, airport, and 30 inches on the south shore of Lake Erie.
 1975 - "They Just Can’t Stop It (The Games People Play)" became a gold record for the Spinners. Their other hits include "Then Came You" (with Dionne Warwicke), "Could It Be I’m Falling in Love", "The Rubberband Man", "Working My Way Back to You", "Cupid", "It’s a Shame" and "I’ll Be Around" -- for Motown.
 1977---Top Hits
 You Light Up My Life - Debby Boone
 Boogie Nights - Heatwave
 It’s Ecstasy When You Lay Down Next to Me - Barry White
 More to Me - Charley Pride
 1981 - Paul ‘Bear’ Bryant tied the record of Amos Alonzo Stagg for most football wins. The Alabama Crimson Tide notched win #314 for Coach Bryant. Alabama beat Penn State, 31-16.
 1981 - For the second week in a row, Daryl Hall and John Oates owned the top spot on the pop music charts with "Private Eyes".
 1982 - No. 1 Billboard Pop Hit: ``Up Where We Belong,'' Joe Cocker & Jennifer Warnes. The single wins an Oscar as the theme of ``An Officer and a Gentleman.'
 1985—Top Hits
 Miami Vice Theme - Jan Hammer
 Head over Heels - Tears For Fears
 You Belong to the City - Glenn Frey
 Can’t Keep a Good Man Down – Alabama
 1986 - The U.S. Securities and Exchange Commission announced that Ivan Boesky would have to pay $100 million in fines and alleged profits to settle insider-trading charges against him. The settlement was just $6 million less than the entire S.E.C. budget for 1986. Until 1986, Ivan Boesky was one of wealthiest and most successful figures on Wall Street. But, after November 14, 1986, his name was inextricably linked with the scandal and corruption that engulfed the industry during the 1980s. After prison, Boesky divorced his wife and relocated to La Jolla, California. In contrast to Milken and others involved, Boesky has largely avoided public attention since the scandal, though he has surfaced to testify in still-unresolved legal proceedings. History is full of people who manipulated the system such as Enron, Worldcom, Kozlowski, to just a few recent ones.
 1986 - An early season cold wave set more than 200 records from the northwestern U.S. to the east coast over a seven day period. For some places it proved to be the coldest weather of the winter season.
 1986 - An early season cold wave set more than 200 records from the northwestern U.S. to the east coast over a seven day period. For some places it proved to be the coldest weather of the winter season.
 1987--- In an initially awkward but eventually moving live event, David Letterman convinces guest Cher to sing "I Got You Babe" just one more time with embittered ex Sonny Bono on his NBC-TV Late Night program. Both Sonny and Cher are left in tears, though no reunion is forthcoming.
 1987-- A major oldies revival crests today, when the soundtrack to the hit Patrick Swayze film Dirty Dancing -- set in 1963 and featuring many hits of the day -- rises to Number One on the Billboard charts.
 1988- "Murphy Brown" premiered on television. The series lasted ten years. The show often blurred the lines between reality and fiction by dealing with topical issues and including real-life journalists as guests stars playing themselves. Former Vice-President Dan Quayle made a major issue about the character Murphy Brown being an un-married mother. Set in Washington, DC, starred Candice Bergen starred in the title role, as an egotistical, seasoned journalist working for the fictitious TV newsmagazine show “FYI.” Also featured were Grant Shaud as the show’s high-strung producer, Miles Silverberg (later replaced by Lily Tomlin), Faith Ford as the former Miss America, Corky Sherwood (and later Miles’ bride), Joe Regalbuto as Murphy’s neurotic friend, reporter Frank Fontana, Charles Kimbrough as “FYI”’s uptight anchorman, Jim Dial and Pat Corley as Phil, owner of the local watering hole. Colleen Dewhurst appeared as Murphy’s mother and Robert Pastorelli appeared as Eldin Bernecky, perfectionist housepainter and aspiring artist (he left the series for his own show). The show often blurred the lines between reality and fiction by dealing with topical issues and by including real-life journalists as guest stars playing themselves. The series ended with the May 31,1998 episode.
 1987 - The "Dirty Dancing" movie soundtrack was the number one album in the U.S. It was number one for a total of eighteen weeks. The remainder of the top-five that week: 2)-"Tunnel of Love" (Bruce Springsteen); 3)-"Bad" (Michael Jackson); 4)-"Whitesnake" (Whitesnake); 5)-"A Momentary Lapse of Reason" (Pink Floyd).
 1988 - A massive storm produced snow and gusty winds in the western U.S., with heavy snow in some of the higher elevations. Winds gusted to 66 mph at Show Low AZ, and Donner Summit, located in the Sierra Nevada Range of California, was buried under 23 inches of snow. Heavy rain soaked parts of California, with 3.19 inches reported at Blue Canyon
 1989 - Unseasonably warm weather prevailed east of the Rockies. Temperatures reached 70 degrees as far north as New England, and readings in the 80s were reported across the southeast quarter of the nation. Nineteen cities reported record high temperatures for the date. For the second time in the month Dallas/Fort Worth TX equalled their record for November with an afternoon high of 89 degrees. The high of 91 degrees at Waco TX was their warmest of record for so late in the season. Heavy snow blanketed parts of Wyoming overnight, with a foot of snow reported at Cody, and ten inches at Yellowstone Park.
 1993- head coach Don Shula of the Miami Dolphins won the 325th game of his career as the Dolphins defeated the Philadelphia Eagles, 19-14. The victory moved Shula past George Halas as the “winningist” coach in NFL history. Shula concluded his coaching career in 1995 with a record of 347 wins, 173 losses and 6 ties.
 1994-Bill Gates paid $30.8 million for a sixteenth-century Leonardo da Vinci manuscript, which depicted the motion of water and the principles of the steam engine. Gates' bid tripled the existing price for similar items. Beating out Italian bidders who had pledged to bring the treasure back to its home in Italy, Gates promised to leave the manuscript on public display at least fifty percent of the time. The manuscript, last sold to the Armand Hammer Museum of Art and Cultural Center, had fetched a mere $5.6 million in 1980.
 2000 --Y2K countdown: 47 days, 2 hours, 43 minutes.
 http://www.cpsr.org/program/y2k/
 2001- For the second time in his career, Seattle skipper Lou Piniella is named the American League Manager of the Year. 'Sweet Lou', the only person to appear on every ballot, guided to the Mariners to an historical 116 victories which tied 1906 Cubs as the winningest team in major league history.
 2002-Nancy Pelosi became the 1st woman to lead a party in the US Congress after Democrats voted 177-29 in support of the liberal from SF.
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