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

kitmenkin@leasingnews.org
   



Monday, November 5, 2018



Today's Leasing News Headlines

Position Wanted – Credit
  Work Remotely or Relocate for Right Opportunity
Leasing News Top Stories
  October 29 - November 1
ALERT!  He's Back!
   Trebels Says He Has Completed More than $1 billion
     in Transactions Service More than 100 lenders and Investors
Leasing Industry Ads
   Now Hiring
Developing Strong Leaders for the Commercial
    Equipment Finance and Leasing Industry
Highlights: Marlin Business Services Q3 2018 Results
   Earnings Conference Call November 2, 2018
Types of Fraud
   By John Kenny, Lease Police
Cash Flow is King
 Placard
ELFF Industry Horizon Report--Leasing Leads the Pact
   6 in 10 Business Use Financing for Acquisitions
Labrador Retriever Mix
   Northbrook, Illinois  Adopt a Dog
Be Aware You Need to Update LinkedIn “Respond Groups”
    ---Changes in Location, Choices and Format
News Briefs---
Superyacht Elite Sink $3 Billion a Year
    Into Money-Burning Boats
Sales Enablement Magazine: Fall, 2018
  semi-annual publication for sales enablement professionals
Reflecting on the GE I knew…
  By Dennis Murphy
Trump Administration Spares Corporate Wrongdoers
      Billions in Penalties

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

www.leasingcomplaints.com (Be Careful of Doing Business)
www.evergreenleasingnews.org
Leasing News Icon for Android Mobile Device 

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  Sports Brief----
   California Nuts Brief---
     "Gimme that Wine"
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         Weather, USA or specific area
          Traffic Live----

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



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[headlines]

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Position Wanted – Credit
Work Remotely or Relocate for Right Opportunity

Each Week Leasing News is pleased, as a service to its readership, to offer completely free ads placed by candidates for jobs in the industry. These ads also can be accessed directly on the website at: http://www.leasingnews.org/Classified/Jwanted/Jwanted.htm
Each ad is limited to (100) words and ads repeat for up to 6 months unless the candidate tells us to stop. Your submissions should be received here by the end of each week.

Please encourage friends and colleagues to take advantage of this service, including recent graduates and others interested in leasing and related careers.

Credit

Work Remotely from Portland, Oregon

Experienced commercial banker and former commercial equipment leasing industry professional seeking full-time or part-time work out of my home in Portland, Oregon. Over twenty years’ experience in credit analysis, underwriting, sales and collections. Known for creative problem solving and strong quantitative & qualitative analytical skills.  Demonstrated ability to gather information, evaluate and make informed strategic business decisions to maximize profit and mitigate risk. Well known for ability to develop strong business relationships with Clients and large list of national equipment leasing Brokers. Please see attached resume and contact me below if interested. 
Resume
JFrank@BL-Solutions.com

Orlando, Florida - Will work remotely

As a Commercial Credit Analyst/Underwriter, I have evaluated transactions from sole proprietorships to listed companies, across a broad spectrum of industries, embracing a multitude of asset types. Sound understanding of balance sheet, income statement and cash flow dynamics which impact credit decisions. Strong appreciation for credit/asset risk.
rpsteiner21@aol.com
407 430-3917

 

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Leasing News Top Stories
October 29 - November 1

(Stories most opened by readers)

(1) Story Credit Lessors - Lenders List - Updated
    "C" & "D" Lessees, Business Loans, Working Capital
http://leasingnews.org/archives/Oct2018/10_31.htm#credit

(2) New Hires/Promotions in the Leasing Business
       and Related Industries
http://leasingnews.org/archives/Nov2018/11_02.htm#hires

(3) ENGS Commercial Finance to Be Acquired
       by Japan’s Mitsubishi Corp. ---ttnews.com
http://leasingnews.org/archives/Oct2018/10_31.htm#engs

(4) Southern California suffers its worst housing slump
    in over a decade
https://www.cnbc.com/2018/10/30/southern-california-suffers-its-worst-housing-slump-in-over-a-decade.html

(5) Quality Leasing Co., Inc.
  Joins Funders Looking for Broker Business
http://leasingnews.org/archives/Nov2018/11_02.htm#quality

(6) Marlin Reports $5.9 Million 3rd Quarter
           Up from $3.3 Million 3rd Quarter Last Year
http://leasingnews.org/archives/Nov2018/11_02.htm#marlin

(7) Funders Looking for Broker Business
           Updated
http://leasingnews.org/archives/Oct2018/10_29.htm#looking

(8) Sales Makes it Happen by Kit Menkin
          Leasing in 2019 will not lose its sizzle
http://leasingnews.org/archives/Oct2018/10_31.htm#sizzle

(9) If You are Buying Smart Water
          Sign
http://leasingnews.org/archives/Oct2018/10_31.htm#water

(10) ELFA Workshop Established to Assist Industry
   in Underdoing Provisions of California SB 1235
            By Marshall Goldberg, Esq.
http://leasingnews.org/archives/Nov2018/11_02.htm#elfa


[headlines]
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He’s Back!

Trebels Says He Has Completed More than $1 billion
in Transactions Service More than 100 lenders and Investors


Rudy Trebels, CEO
Wedgewood Investment Group, LLC
Northfield, Illinois

"Rudy Trebels has completed more than $1 billion in transactions serving more than 100 lenders and investors, while helping hundreds of companies across the nation achieve their growth and operational goals." Also claims he "...has spent more than four decades as an innovator in the U.S. real estate and finance industries." (1)

Rudy Trebels of IFC Credit fame (2) is back in the news regarding his appearance at the NIC Fall Conference in Chicago as well as the continuing story of the closing of Dallas County Schools due to "corruption and staggering financial mismanagement that cost taxpayers millions of dollars," according to NBC 5 Investigates.

"NBC 5 Investigates also learned the leasing company that bought the bus lots and leased them back to DCS, Wedgewood Investments (3), was referred to Slater Swartwood by FMS CEO Robert Leonard and that Wedgewood's sister company, Elga, helped DCS finance some of the camera purchases from FMS. Wedgewood and Elga are run by Rudy Trebels and his sons, seen in the photo below at a golf tournament in Dallas with Sorrells. Trebels refused to speak to NBC 5 Investigates." (3)

"Sorrells later entered a guilty plea himself, admitting he took at least $3 million in bribes and kickbacks in exchange for the bus camera contracts. Prosecutors said Sorrells spent the money on credit card debt, trips, personal expenses, an apartment in New Orleans, cars and jewelry. Sorrells has agreed to testify for prosecutors in a plea deal that caps his possible prison sentence at 10 years. Swartwood's deal caps his prison sentence at five years." (3)

"DCS spent more than $75 million putting cameras on their entire fleet and then trying to take the program to more cities. Cameras, worth millions, piled high in a warehouse for a deal that never happened while the man in charge promised the whole venture would pay for itself." (5)

"A month later, Trebels sent Sorrells a letter saying his business was “pleased” and “proud” to pledge sponsorship money to the White Rock Lake Foundation -- $25,000 for a “gala,” $15,000 for a “brunch benefit” and $10,000 for a charity golf tournament.

"The FBI is investigating the failed business practices of DCS, which cost taxpayers millions of dollars, and its relationship with another vendor, Force Multiplier Solutions, which equipped school buses with surveillance cameras.

“Former DCS Board President Pleads Guilty to Tax Evasion
Both Sorrells and Falvo have since left DCS, which is now in the process of being dissolved after voters in early November chose to do away with the agency in light of its financial troubles.

"Trebels family owns Equipment Leasing Group of America, which leased millions of dollars in equipment to DCS to operate the school bus camera program.

"And another Trebels owned company, Wedgwood Investment Group LLC, purchased taxpayer-owned bus lots from DCS, giving the cash-strapped agency $25 million, then leased the lots back to DCS (sale/lease-back).

"The cost for taxpayers to lease back the bus lots was estimated at $47 million over the next 20 years.

"Fast Cars, Easy Money Fueled DCS Corruption---
Trebels declined to come out of his office when NBC 5 Investigates went to Chicago, in hopes of asking him about Falvo’s solicitation and his company’s subsequent contributions to White Rock Lake Foundation. Trebels also did not respond to questions NBC 5 Investigates sent him.

"A source with knowledge of the transactions questioned why Trebels’ company, Wedgwood, would be interested in giving to a charity that works to maintain a lake in Dallas that is a thousand miles away." (4)

"Former Dallas County Schools Board President Larry Duncan pleaded guilty to federal tax evasion Monday in connection with the corruption case that brought down the agency last fall, NBC 5 Investigates has learned.

"With his wife and two family members sitting in the front aisle, Duncan, who led the DCS board for more than a decade, stood before U.S. District Judge Barbara Lynn Monday morning and said, 'guilty your honor'." (6)

(1) Wedgewood Investment Group LLC CEO Rudy Trebels Attended the 2018 NIC Fall Conference October 17 - 19 in Chicago https://www.prweb.com/releases/wedgewood_investment_
group_llc_ceo_rudy_trebels_attended_the_2018_nic_fall_conference

(2) Alert: Rudy Trebels Back Soliciting Broker Business
http://leasingnews.org/Conscious-Top%20Stories/IFC_stories.htm

The Saga of Rudy Trebels Claiming a CLP
http://www.leasingnews.org/Conscious-Top%20Stories/trebels.html

(3) Behind the Cameras: The Fall of Dallas County Schools
https://www.nbcdfw.com/investigations/Behind-the-Cameras-The-Fall-of-Dallas-County-Schools-485728031.html

(4) "The article by Trebels highlights both recent and historic "earth-friendly" trends in the planning, construction and operation of senior housing developments."
https://www.bizjournals.com/chicago/prnewswire/press_releases/Illinois/2018/10/26/UN52603

(5) DCS Official Asked Vendor to Give Thousands to Charity Run by DCS Superintendent
https://www.nbcdfw.com/investigations/DCS-Official-Asked-Vendor-to-Give-Thousands-to-Charity-Run-by-DCS-Superintendent-465509533.html

(6) Former Dallas County Schools Board President
    Pleads Guilty to Tax Evasion
https://www.nbcdfw.com/investigations/Former-Dallas-County-Schools-Board-President-Pleads-Guilty-to-Tax-Evasion-498208071.html

 



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Developing Strong Leaders for the Commercial
Equipment Finance and Leasing Industry

Automation, Data, and Efficiencies
are Key to Sustainability

By Scott Wheeler, CLFP

The fall convention season in the commercial equipment leasing and finance industry re-affirmed that the industry is going through a technological transformation. The industry continues to embrace automation, innovation, and creativity. The industry, which has by many measures been behind the technological learning curve for years, is being forced to take major leaps forward to accommodate the demands of both vendors and end-users. An executive who, in his personal life can buy products via his phone and have them delivered within hours, or buy insurance, sign mortgage papers, or car loans via a thumbprint on his I- phone, is not going to be satisfied with a commercial equipment purchase and finance process that takes days, or even weeks, to complete. The current decision makers (and definitely the decision makers of 2020) are demanding a better buying (financing and leasing) experience than is generally offered in today's market. All industry participants (banks, independents, captives, origination companies, and investors) will be required to take a huge step forward, or face being left behind in the next 18 to 24 months.

In the 1990's and early 2000's, automation was about speed - processing applications faster and scoring small ticket transactions. (The 24-hour credit decision transformed into the 2-hour decision.) However, the documentation and funding process remained virtually the same.

From 2008 through 2015, automation was focused on operational efficiencies and saving time on credit decisions, documentation, funding, and portfolio management activities. Automation allowed many participants in the commercial leasing and finance industry to increase funding activities without the need of additional backroom personnel. (In many cases, back-office staffs were significantly reduced as volume increased.) E-documents began to be accepted and many participants felt as if they were on the cutting edge of efficiencies. Systems for back-office accounting and portfolio management were significantly enhanced and statistics were readily available at a click of the computer mouse. Participants enhanced their data collection, but the analytics of that data were antiquated or simple ignored. Other industries have effectively utilized data to their advantage, while commercial finance and leasing participants have fallen behind in their use of data analytics.

Currently, automation is pivoting to the sales and marketing processes. Companies are using automation to interface with all stakeholders in "real time." Finance and leasing companies are making better decisions with more verifiable information. Technology is being developed to provide predictive analytics, better client buying experiences, more secure documentation, and significantly better marketing campaigns - based upon verifiable buying patterns of existing and potential clients. The industry is beginning to use the collected data to develop competitive advantages and to support meaningful value propositions. The industry is beginning to use the vast collected data to determine the best use of marketing dollars, to employ capital more efficiently, and to attract better partners. Forward thinking companies are rolling out dynamic platforms which will disrupt the industry overnight.

(Don't be left behind.)

Wheeler Business Consulting works with banks, captives, independents, originators, investors, and service providers in the industry. The consulting services revolve around how clients are leveraging their current systems (automation and technology) and more importantly, how they are preparing for 2025 through the development of better automation and more efficient processes. The objectives include: improving the vendor's and end-user's experience, developing better products, offering more value, and funding stronger assets. Wheeler Business Consulting provides training, strategic planning, and acquisition services. Scott Wheeler is available to discuss your long-term strategy, to assist your staff to maximize outcomes, and to better position your organization in the market.

Scott A. Wheeler, CLFP
Wheeler Business Consulting
1314 Marquis Ct.
Fallston, Maryland 21047
Phone: 410 877 0428
Fax: 410 877 8161
Email: scott@wheelerbusinessconsulting.com
Web: www.wheelerbusinessconsulting.com

Sales Makes it Happen articles:
http://www.leasingnews.org/Legacy/index.html

 

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 Highlights: Marlin Business Services Q3 2018 Results
Earnings Conference Call November 2, 2018

Marlin Reports $5.9 Million 3rd Quarter
Up from $3.3 Million 3rd Quarter Last Year

 


Jeffrey Hilzinger, President/CEO

"Third quarter working capital loan origination volume increased by 42% year-over-year to $19.6 million, delivering a working capital loan portfolio balance of $32.5 million in quarter end, representing 28% year-over-year growth. An important driver of this growth is the early success of our recently launched data driven strategic marketing initiative that is providing our direct sales force with increasingly qualified leads for customers with a high propensity to require a working capital loan.

"...we were able to implement several adjustments to our credit model, the better optimizer or risk adjusted returns with this product. These adjustments which Lou will elaborate on in his comments contributed to an increase in our approval rate from 51% to 57% during the quarter."

"During the quarter, direct origination volume increased a $35.5 million compared with $23.4 million last year, resulting in a year-over-year increase of 51%. This was the third quarter in a row where our direct origination volume grew more than 50% year-over-year. While our overall origination growth picked up nicely this past quarter, we experience slower than anticipated growth in the first half of the year, due primarily to slowing growth in our indirect equipment finance business."

page 2

"...we have made notable progress and expanding our sales team as evidenced by equipment finance origination volume during the quarter that increased by 15% over last year, and we are on track to have a fully staffed sales organization by the end of the fourth quarter."

page 3


Lou Maslowe, SVP and Chief Risk Officer

"We have also recently seen an increase in fraudulent activity. In the third quarter we had lost totally $310,000 related to suspected fraudulent activity. As a percentage of total charge-offs, such losses represented 5.6% as compared to an average of 2.4% over the past several years. Although it is difficult to benchmark due to the lack of public data, discussions with our industry peers confirm that fraud activity is increasing."

page 5

"... I'd like to say is fraud is not a new risk for our business. It's one that we have always dealt with. What we have seen recently is an uptick in the number of fraud items, many of which we catch, some of which we don't. And the goal isn't to drive fraud to 0 in terms of actual results because if we do that, we have to shut down the business. But because of the rising number of fraud attempts, it did warrant additional action. So we're taking a number of steps to deal with that. I mentioned the fraud model. We're also looking at tools that better identify.

"For example, fraudulent e-mails or IP addresses, making sure that the payee bank accounts are legitimate. But there is a number of tools out there in additional technology that we're in the process of taking advantage of. But to answer your question over time, I'm very confident that we'll keep the risk of fraud at a management level. Yes."

"And just to emphasize a point I made in my comments earlier that, it's really industry wide that's experiencing this. In fact, I have a meeting next month with a number of lenders to talk specifically about fraud. It's the kind of sale best practices together because it is something that everyone is saying."

page 9


Jeffrey Hilzinger, President/CEO

"Now turning to our business outlook for 2018. Total origination volume including referral volume is expected to finish approximately 15% to 20% above 2017 levels. Portfolio performance is expected to remain in line with the results observed over the last 12 months. Net interest margin as a percentage of AFR is expected to be between 9.75% and 10%.

"ROE is expected to continue to improve in 2018 as the company continues to improve operating scale. And lastly, EPS on adjusted basis is expected to be between $2 and $2.10 per share."

page 7

"... there are a lot of macro forces at play, whether it's trade issues or mid-term elections or pricing, I mean there is a lot of macro forces at play.

"And so I think notwithstanding the fact that we don't really see anything in our portfolio that would indicate that there is a portfolio or that there is a recession looming, I think from management standpoint, our working assumption is that that there'll be some sort of a correction in 2020. So how long, how deep, obviously nobody has crystal ball and so clear on that. But the planning purposes, that's the working assumption that we're making."

page 8

 

Marlin Business Services Corp. (MRLN) CEO Jeff Hilzinger on Q3 2018 Results   - Earnings Call Transcript  11 pages
https://seekingalpha.com/article/4217661-marlin-business-services-corp-mrln-ceo-jeff-hilzinger-q3-2018-results-earnings-call

 


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Types of Fraud
By John Kenny, Lease Police

Methods of lease fraud are constantly evolving.  Individuals perpetrating these frauds have studied our industry's practices and methods.  Many of these frauds involve Vendors and Lessees who meet most of the screening criteria utilized by leasing companies - directory assistance listing, time in business, and physical storefronts.  Lease Police, Inc. has identified the following general types of lease fraud:

Disguised Working Capital Fraud - In this scenario, a vendor presents himself as a legitimate seller of equipment; however, he is nothing other than someone soliciting for working capital loans. He will take a customer's current equipment and disguise it as his equipment and lease it back to the customer (the lessee). The vendor will keep 30% to 50% of the lease proceeds and will give the remainder to the lessee. This type of fraud can be very damaging and hard to detect, as many of the re-liquefied lessees will make payments for a while after funding.  Most funders will experience a default rate between 10% to 40% with these transactions. Many of these vendors will "spread their paper" among several sources to further conceal their detection. Using LeasePolice.com, detecting these vendors is easy - just take note of excessive early termination activity.
     
Overpriced Equipment Working Capital Fraud - A vendor will overprice a piece of equipment and offer the debtor or lessee money back.  For example, a vendor will lease a $5,000 computer for $30,000 and give the debtor or lessee $15,000 as an inducement to enter into the lease. This type of fraud will have higher loss rates over the portfolio life, but because the debtor/lessee has just received a "lump sum" from the vendor, they will make payments for a while. Using LeasePolice.com, detecting these vendors is easy - just take note of excessive early termination activity.

Product Representation Fraud - In this scenario, the vendor may offer a deal that is "too good to be true." It may involve a 100% money back guarantee, inflated promises on the equipment, or a "promise and disappear" scheme. These vendors appear to be tremendous engines of new leases.  They can produce hundreds of new leases per month from the beginning of their existence. In most of these cases, the vendor is gone after one to two years, leaving funders an endless stream of litigation. Using LeasePolice.com, detecting these vendors is easy - just take note of a high number of recent inquiries for a newer vendor.

"Broken Up" Transaction Fraud - This type of fraud includes activity by Vendors and Debtors/Lessees who break up a larger deal into smaller pieces to avoid financial disclosure (without disclosing their other requests to the lenders). In most cases, those involved are aware of the application-only limits and apply for a large number of smaller transactions due to poor financial information. Imagine a $350,000 deal that is achieved by "splitting the transaction into five $70,000 transactions with five different funders. Some of these deals are further disguised by applying for corporation-only signatures - with no credit bureaus reports reviewed. In many cases, the debtor/lessee is already in distress and they fold under the higher debt levels. Using LeasePolice.com, detecting these lessees is easy - just take note of a high number of recent inquiries. Even corporation only transactions are shown in LeasePolice.com.

Past Due Account "Layoff" Fraud - This is one of the oldest and least reported types of fraud in the industry. A Vendor has an internal delinquent open account with a customer. They usually threaten the customer to either pay the past due balance or they will pick up the equipment. As an option, they offer the past due customer the option to convert their account into a lease. By converting the delinquent customer into a lease, they get paid by the equipment leasing company and the leasing company gets an almost instantaneous delinquency. Many of these deals show up as first payment defaults. All participants are legitimate companies and fraud is almost never suspected!  Using LeasePolice.com, detecting these Vendors is easy - just take note of a high number of early terminations/defaults using the LeasePolice.com system. 

General Misrepresentations By Vendors and Lessees - This general category includes activities such as submitting altered financial statements, hiding prior bankruptcies, hiding ownership, false references, misrepresenting used equipment as new, falsifying actual date of sale or delivery, equipment being sent to other locations without disclosure, concealing large judgments or liens, and leasing the same collateral twice. Using LeasePolice.com, detecting these transactions is easy.  LeasePolice.com subscribers can report any suspicious activities and they will be posted in our data files for future review.


John Kenny
General Manager 
Lease Police, Inc.
Mohawk, NY 13407
315-866-1167

 

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

ELFF Industry Horizon Report--Leasing Leads the Pact
6 in 10 Business Use Financing for Acquisitions

The 2018 Equipment Leasing & Finance Industry Horizon Report provides a unique look at the trends in the equipment finance industry over the past year, identifies ley drivers for future growth, and explores emerging opportunities and risks that could shape the industry over next few years.
Highlights from the 2018 Equipment Leasing & Finance Horizon Report include:

  • Leasing leads the pack. According to the end-user survey (which focused only on private sector investment), the most common payment method used by businesses to acquire equipment and software in 2017 was leasing (48%), followed by lines of credit (9%) and secured loans (8%). Among non-financed acquisitions, cash (23%) was the most prevalent payment method, followed by paid-in-full credit card purchases (10%) and “other” (2%).
  • Nearly 6 in 10 businesses use financing for acquisitions. The end-user survey revealed that approximately 60% of respondents who acquired equipment or software in 2017 used at least one form of financing to do so (i.e., lease, secure loan, or line of credit). While this result is lower than the Foundation’s 2016 estimate (78%), it is noteworthy that the 2017 respondent sample is not the same as that in 2016. In addition, the decline may be a result of the rise in interest rates that has increased the cost of borrowing. It may also stem from the substantial improvement in small business confidence that occurred in 2017, which triggered greater equipment investment activity among smaller firms that may be less likely to use financing methods.
  • Propensity to finance remains stable. More than twice as many respondents expect their equipment and software acquisitions to increase vs. decrease over the next 12 months (26% increase; 12% decrease), though the majority of respondents expect equipment and software acquisition to stay the same (59%). Of the respondents who expect acquisitions to increase, most (67%) anticipate paying for at least a portion of that cost in cash, but 59% of respondents expect to use a financing method — suggesting that the propensity to finance is relatively stable.
  • New business volume expanded in 2017. New business volume expanded by a healthy 6.9% for the overall equipment finance industry in 2017 according to the Equipment Leasing and Finance Association’s (ELFA) annual Survey of Equipment Finance Activity (SEFA), a significant improvement over 2016’s 2.5% increase. Similarly, the ELFA Monthly Leasing and Finance Index (MLFI-25), which is based on a separate monthly survey, recorded a 4.6% increase in new business volume in 2017.
  • Portfolio performance healthy despite pressure. Based on SEFA data, both yield and cost of funds rose in 2017, while average spreads compressed for the fourth consecutive year. Although there is evidence of compression across business types, the effect was most pronounced for independents and captives, for whom spreads fell by 29 basis points and 21 basis points, respectively, on a weighted-average basis. Meanwhile, the industry continues to demonstrate discipline with respect to risky lending and deal structures, as portfolio performance remained healthy in 2017 across various metrics and types of lenders.
  • Economic expansion has “room to run.” Although the U.S. business cycle is nearly a decade old and the economy is approaching the longest period of growth on record, most economic indicators that have historically provided an early warning sign of a downturn suggest that the current expansion likely still has some room to run. As such, there is reason to be optimistic about the U.S. economy over the next 6-12 months.
  • Challenges from the future of work. Advances in computing technology, including artificial intelligence and machine learning, will pose challenges for the equipment finance industry, particularly for management. To successfully deploy new systems, they will need to overcome resistance to changing previous mindsets, as well as recruit and develop talent who are adept at critical thinking, communication and working with technology, among other skill sets.

 

Equipment Leasing & Finance Industry Horizon Report
-Free   (56 pages)
http://leasingnews.org/PDF/ELFI_horizon2018.pdf

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

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Labrador Retriever Mix
Northbrook, Illinois  Adopt a Dog


Blade
HLIL-A-5862
Male
9 Years/3 Months
Location: Dog Kennel
$250.00

If Heartland had a yearbook Blade would definitely win Best Smile! Blade has this unique habit of showing all his teeth to show he's happy and he can even do it with the command "Smile"! Some might mistake this for a sign of aggression but some dogs do smile, and Blade is one of them! It's the cutest thing ever. Blade is approximately 8 years old and weighs right around 40 pounds. Blade came to Heartland all the way from Miami and he certainly had a tough life before we got him. Blade has scars on his side and stomach, and he also does not like to be touched around the neck or back end if he does not know you. Blade does not like most other dogs and will attempt to pull towards them on walks, but with his new harness on he is very responsive to his walker's direction. Other than that Blade is very well leash-trained, and knows his commands well. He's very treat motivated which makes him even easier to train! When Blade accepts you into his heart all he wants is to smile for you, give kisses, and try to sit on your lap. Once he gets to know you, you will have a friend for life. Because Blade has been mistreated in the past, he needs an owner who will understand his issues and give him time to adjust. He would be best being the only dog in the family and should not go to a home with small children. Please open your heart to this deserving dog.

Heartland Animal Shelter
847-296-6400
847-296-4198
info@heartlandanimalshelter.org
847-296-6400
847-296-4198
info@heartlandanimalshelter.org

HOURS
Mon, Wed: Closed
Tues, Thur, Fri: 4–7 pm
Sat: 1–5 pm
Sun: 12–4 pm

Adoption fees cover: Up to date shots/vaccinations for the pet’s age, deworming, heartworm test (dogs over 6 months), FIV/FeLV test (cats), microchip, spay/neuter and includes a free veterinary exam at Preiser Animal Hospital within two weeks after adoption. All animals are spayed or neutered before adoption.

Application:
https://www.heartlandanimalshelter.org/adopt/dog-adoption-application/

 

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Be Aware You Need to Update LinkedIn "Respond Groups"
 ---Changes in Location, Choices and Format

Group postings are no longer on the tool bar, but they are still accessible. Settings have changed.

In the section called "Work," upper right, click on it and you will see the groups icon to click. It will bring you to "My Groups."

The system has changed and is similar to posting on the main page. Click on the group and then go to the upper right corner, and click on the three dots. Choose Update My Settings.

You will see your settings. They are automatically on NO. If you want to received message on what you post, move it to Yes. If you want to display this group on your profile, more it to Yes.

What the Heck Do I Do with My LinkedIn?
FinTech #102 by Alex Vasilakos
http://leasingnews.org/archives/May2018/05_04.htm#fintech

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News Briefs----

Superyacht Elite Sink $3 Billion a Year
    Into Money-Burning Boats
https://www.bloomberg.com/graphics/2018-superyachts/?srnd=premium

Sales Enablement Magazine: Fall, 2018
semi-annual publication for sales enablement professionals
https://issuu.com/brainshark/docs/sales_enablement_magazine_fall_2018

Reflecting on the GE I knew…
  By Dennis Murphy
https://www.linkedin.com/pulse/reflecting-ge-i-knew-dennis-murphy/

Trump Administration Spares Corporate Wrongdoers
      Billions in Penalties
https://www.nytimes.com/2018/11/03/us/trump-sec-doj-corporate-penalties.html

 

 


[headlines]
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You May Have Missed---

Seven LinkedIn Tips and Tricks to Help You
  Make Connections and Find Your Next Job
https://www.thisisinsider.com/linkedin-networking-tips-tricks-2018-6


[headlines]
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"Some time...when the team is up against it, when things are wrong and the breaks are beating the boys - tell them to go in there with all they've got and win just one for the Gipper. I don't know where I'll be then...but I'll know about it, and I'll be happy."

spoken by Knute Rockne (played by Pat O'Brien) about George Gipp (played by Ronald Reagan)

Knute Rockne--All American [1940]


[headlines]
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Sports Briefs---

Lelisa Desisa Wins the New York City Marathon in the Last Miles
https://www.nytimes.com/2018/11/04/sports/nyc-marathon-men-winner.html?action=click&module=Top%20Stories&pgtype=Homepage

Patrick Mahomes hits 300 passing yards for eighth straight game
https://profootballtalk.nbcsports.com/2018/11/04/patrick-mahomes-hits-300-passing-yards-for-eighth-straight-game/

Jets’ offense crashes and burns in a huge mess of a loss
https://nypost.com/2018/11/04/jets-offense-crashes-and-burns-in-a-huge-mess-of-a-loss/

Buffalo Bills once again sink lower with rout by Chicago Bears
https://www.usatoday.com/story/sports/nfl/bills/2018/11/04/nathan-peterman-struggles-chicago-bears-embarrass-buffalo-bills/1886142002/


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


California Nuts Briefs---

World’s largest dorm-style ‘co-living’ apartment
      building coming to San Jose
https://www.eastbaytimes.com/2018/11/04/worlds-largest-dorm-style-co-living-apartment-building-coming-to-san-jose/


[headlines]

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“Gimme that Wine”

http://www.youtube.com/watch?v=EJnQoi8DSE8

Why So Many 2016 Napa 100-Point Wines?
https://winejournal.robertparker.com/why-so-many-2016-napa-100-point-wines

Merlot Masters Gather to Discuss the Grape's Future,
    Look Back on Prior Vintages
https://www.winebusiness.com/blog/?go=getBlogEntry&dataid=205483

ZD Winery: a goal of zero defects
    grew into 50 years of family winemaking
https://napavalleyregister.com/wine/zd-winery-a-goal-of-zero-defects-grew-into-years/article_3d867142-f350-5a12-9e70-5fccc9ea4532.html

The Napa Ghost Wineries You Can Visit
https://blog.sfgate.com/storystudio/2018/10/15/domaine-carneros-adds-stunning-conservatory-new-tasting-experience-for-2018/

American-Owned New Zealand Winery Releases 92 Point
    Central Otago Pinot Noir
https://www.winebusiness.com/newReleases/?go=getArticle&dataid=205467

The New Wine Rules by Jon Bonne
http://www.oregonwinepress.com/last-call-jon-bonne

Domaine Carneros Adds Stunning Conservatory,
  New Tasting Experience for 2018
https://blog.sfgate.com/storystudio/2018/10/15/domaine-carneros-adds-stunning-conservatory-new-tasting-experience-for-2018/

Initial feedback from winegrowers on the Naïo weeding robot
https://www.vitisphere.com/news-88372-Initial-feedback-from-winegrowers-on-the-Naio-weeding-robot.htm#new_tab


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

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

Leasing News Wine & Spirits Page
http://two.leasingnews.org/Recommendations/wnensprts.htm

[headlines]
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This Day in History

     1653 - The Iroquois League signed a peace treaty with the French, vowing not to wage war with other tribes under French protection.
    1733 - John Peter Zenger, colonial American printer and journalist, published the first issue of the New York Weekly Journal newspaper. He began his first issue, exposing Governor William Cosby's corruption. Zenger was arrested on November 17, 1734 and charged with seditious libel. Zenger had reported that Governor William Cosby of New York had attempted to rig an election in Eastchester, PA, in 1733. Zenger was defended by lawyer Andrew Hamilton of Philadelphia, who convinced the jury that printing the truth does not constitute libel. His acquittal was seen as a vindication of the right of free speech and served as a precedent for freedom of the press.
    1768 - William Johnson, the northern Indian Commissioner, signed a treaty with the Iroquois Indians to acquire much of the land between the Tennessee and Ohio rivers for future settlement.
    1781 - John Hanson elected first "President of the US in Congress assembled."
(Yes, John Hanson was the first president of the United States, not George Washington—who was the first president under the adopted constitution. Technically Hanson was the first president.)
http://www.johnhanson.net/
http://www.marshallhall.org/hanson.html
    1807 - Eliza Emily Chappell Porter (d. 1888) birthday, Geneseo, NY.  She spent a lifetime organizing schools in several states. During the Civil War, she gathered and distributed supplies to Union soldiers and hospitals. She joined with Mary Ann Bickerdyke in nursing soldiers in Gen. Sherman's march through Georgia.
    1850 - Ella Wheeler Wilcox (d. 1919) birthday, Johnstown, WI.  Highly successful writer of popular novels and poetry who became the center of literary life in New York in the pre-World War I years. Her reputation was made by her Poems of Passion (1883).  She wrote two autobiographies: The Story of a Literary Career (1905) and The Worlds and I (1918).
http://www.ellawheelerwilcox.org/
http://website.lineone.net/~cornerstone/wilcox.htm
    1857 - Ida Minerva Tarbell (d. 1944) birthday, Hatch Hollow, PA.  She is recognized as one of the major journalists of her day, exposing the Standard Oil trust in “History of Standard Oil Company.”  She was also a renowned biographer, especially of Lincoln. Her "History of the Standard Oil Company," which first appeared in McClure's Magazine in nineteen installments, in 1904, was published in two volumes and drew immediate attention to the author. Her early reputation as a "trust buster" did not last for she had in a high degree developed a sense of fairness, and this was particularly reflected in her "Life of Judge Gary," in which--contrary to all expectations--she had nothing but praise for Judge Gary.  She wrote "The Early Life of Abraham Lincoln" in collaboration with W. J. McCan Davis. In 1900, her "Life of Abraham Lincoln" appeared in two volumes and is today a standard work. Other volumes on Lincoln by Miss Tarbell were "He Knew Lincoln," "Father Abraham," "In Lincoln's Chair," "Boy Scouts' Life of Lincoln," "He Knew Lincoln and Other Billy Brown Stories," "In the Footsteps of Lincoln" and "A Reporter for Lincoln.” President Theodore Roosevelt characterized her as a muckraker, a compliment in those days. Tarbell was a lesbian and, in her later life, became intimate friends with Anne Morgan, the daughter of J. P. Morgan who was also a liberal Republican, feminist, and supporter of working women.
http://tarbell.alleg.edu/index.html
http://www.thoemmes.com/404.asp?404;
http://www.thoemmes.com/encyclopedia/tarbell.htm
http://www.phmc.state.pa.us/ppet/tarbell/page1.asp?secid=31
    1862 - In Minnesota, more than 300 Santee Sioux are found guilty of raping and murdering Anglo settlers and are sentenced to hang. A month later, President Abraham Lincoln commuted all but 39 of the death sentences. One of the Indians was granted a last-minute reprieve but the other 38 were hanged simultaneously on December 26 in a bizarre mass execution witnessed by a large crowd of approving Minnesotans. The Santee Sioux were found guilty of joining in the so-called "Minnesota Uprising," which was actually part of the wider Indian wars that plagued the West during the second half of the nineteenth century. For nearly half a century, Anglo settlers invaded the Santee Sioux territory in the beautiful Minnesota Valley and government pressure gradually forced the Indians to relocate to smaller reservations along the Minnesota River. At the reservations, the Santee were badly mistreated by corrupt federal Indian agents and contractors; during July 1862, the agents pushed the Indians to the brink of starvation by refusing to distribute stores of food because they had not yet received their customary kickback payments. The contractors callously ignored the Santees’ pleas for help. Outraged and at the limits of their endurance, the Santee finally struck back, killing Anglo settlers and taking women as hostages. The initial efforts of the U.S. Army to stop the Santee warriors failed and, in a battle at Birch Coulee, Santee Sioux killed 13 American soldiers and wounded another 47 soldiers. However, on September 23, a force under the leadership of General Henry H. Sibley finally defeated the main body of Santee warriors at Wood Lake, recovering many of the hostages and forcing most of the Indians to surrender. The subsequent trials of the prisoners gave little attention to the injustices the Indians had suffered on the reservations and largely catered to the popular desire for revenge. However, President Lincoln's commutation of the majority of the death sentences clearly reflected his understanding that the Minnesota Uprising had been rooted in a long history of Anglo abuse of the Santee Sioux.
    1870 - One of the nation's first train robberies occurred when six men, led by Big Jack Davis, hopped aboard the eastbound express for Reno, forced the train to a stop, and rode off to Virginia City with $40,000 in minted coin. 10 hours later, as the delayed engine chugged into Independence, six army deserters jumped aboard to take $4490 that the Davis gang had overlooked. Within days, authorities captured all 13 bandits, who were sentenced variously from 10 to 15 years in prison.
    1872 - Ulysses S. Grant was easily re-elected US president to a second term in office despite a split within the Republican Party that resulted in a defection of many key Republicans to opponent Horace Greeley. On November 29, 1872, after the popular vote but before the Electoral College was convened, Greeley died. As a result, electors previously committed to Greeley voted for four different candidates for President, and eight different candidates for Vice President. Despite the absence of life, Greeley himself still received three electoral votes, but these votes were disallowed by Congress. Henry Wilson, who was chosen by the Republicans to succeed Schuyler Colfax as Vice President, died on November 22, 1875. 
    1885 - Birthday of Will Durant (d. 1981) at North Adams, MA. American author and popularizer of history and philosophy. Among his books: “The Story of Philosophy and The Story of Civilization” (a 10-volume series of which the last four were co-authored by his wife, Ariel).
    1893 - Birthday of Raymond Fernand Loewy (d. 1986), Paris, France.  The “father of streamlining,” an inventor, engineer and industrial designer whose ideas changed the look of 20th-century life. His designs are evident in almost every area of modern life—the US Postal Service logo, the president's airplane, Air Force One, in streamlined automobiles, trains, refrigerators and pens. “Between two products equal in price, function and quality,” he said, “the better looking will outsell the other.”
    1894 - The famous Election Day snowstorm hit southern New England, dumping up 10-12 inches of snow across Connecticut causing much damage to trees and wires. Winds at Block Island, RI gusted to 60 mph
    1895 - Attorney George Baldwin Selden of Rochester, NY, was granted the first patent for a car. He was the first to have an original application for the internal combustion hydrocarbon motor to a road vehicle. His design resembled a horse-drawn carriage, with high wheels and a buckboard.
    1895 - Charles MacArthur (d. 1956), born Scranton, Pennsylvania. American journalist, dramatist, screenwriter, much of his work was written with Ben Hecht, including “The Front Page” (1928), a farce about a star reporter drawn into his own story, and “Twentieth Century” (1932), a lively satire of the entertainment industry.
    1901 – Ban Johnson and Charles Comiskey leased Sportsman’s Park in St. Louis for five years for an American League team.  Two weeks later it is announced the Milwaukee Brewers franchise will become the St. Louis Browns in 1902.  In 1953, the Browns moved to Baltimore under new ownership and became the Baltimore Orioles.   
    1912 – Democrat Woodrow Wilson won the United States presidential election in a landslide, becoming the only president to defeat two former presidents in one election. Thomas R. Marshall was elected vice president. The electoral vote was Wilson, 435: Theodore Roosevelt, Progressive Party, 88: William Howard Taft, Republican, 8.  The popular vote was Wilson 6,293,454: Roosevelt, 4,119,538: Taft, 3,484,980: Eugene V. Debs, Socialist candidate, 900,672, Eugene W. Chafin, Prohibitionist candidate, 206,275. In congressional elections the Democrats took a 51-44 majority in the Senate, with one minor party seat, and 291-127 majority in the House, with 17 seats going to minor parties.
    1912 - Roy Rogers birthday, born Leonard Slye (d. 1998) at Cincinnati, OH. Known as the “King of the Cowboys,” his many songs included “Don't Fence Me In” and “Happy Trails to You.” He made his acting debut in “Under Western Stars” in 1935 and later hosted his own show, “The Roy Rogers Show,” in 1951.
    1913 - Los Angeles receives its first piped-in water from Owens Valley, 200 miles northeast of the city. As part of Bureau of Land Reclamation efforts to irrigate the valley for small farmers and homesteaders, J.B. Lippincott began surveying in 1903. He convinced local farmers to relinquish their water rights to him, casting an impression that he would use the water to improve the valley. He and powerful Los Angeles friends, meanwhile, quietly planned to export it through a 200-mile aqueduct. The syndicate, which included Harry Chandler of the Los Angeles Times, began buying huge amounts of San Fernando Valley land. On Lippincott's recommendation, the California reclamation chief dropped the Owens redevelopment plan and yielded the water to the city. Now that the water is flowing, the value of Chandler's land has multiplied to $120 million, 40 times more than what he paid. When he died as the largest land baron in Southern California, Chandler's estate was worth half a billion dollars.
    1915 - Marines under Major Smedley D. Butler captured the stronghold at Fort Capois, Haiti. Butler led a reconnaissance force of twenty-six volunteers in pursuit of a Caco force that had killed ten Marines. Like the Cacos in the mountains, he and his men lived for days off the orange groves. For over a hundred miles they followed a trail of peels, estimating how long before the Cacos had passed by the dryness of the peels. A native guide they picked up helped them locate the Cacos' headquarters, a secret fort called Capois, deep in the mountain range. Studying the mountaintop fort through field glasses, Butler made out thick stone walls, with enough activity to suggest they were defended by at least a regiment. He decided to return to Cape Haitien for reinforcements and capture it. On the way back, they were ambushed by a force of Cacos that outnumbered them twenty to one. Fortunately, it was a pitch-black night, and Butler was able to save his men by splitting them up to crawl past the Cacos' lines through high grass. Just before dawn he reorganized them into three squads of nine men each. Charging from three directions as they yelled wildly and fired from the hip, they created such a fearful din that the Cacos panicked and fled, leaving seventy-five killed. The only Marine casualty was one man wounded. When he was able to return with reinforcements, spies had alerted the Cacos, and Butler took a deserted Fort Capois without firing a shot.
    1918 - ALLWORTH, EDWARD C., Medal of Honor
Rank and organization: Captain, U.S. Army, 60th Infantry, 5th Division. Place and date: At Clery-le-Petit, France, 5 November 1918. Entered service at: Corvallis, Oregon. Born: 6 July 1887, Crawford, Wash. G.O. No.: 16, W.D., 1919. Citation: While his company was crossing the Meuse River and canal at a bridgehead opposite Clery-le-Petit, the bridge over the canal was destroyed by shell fire and Capt. Allworth's command became separated, part of it being on the east bank of the canal and the remainder on the west bank. Seeing his advance units making slow headway up the steep slope ahead, this officer mounted the canal bank and called for his men to follow. Plunging in he swam across the canal under fire from the enemy, followed by his men. Inspiring his men by his example of gallantry, he led them up the slope, joining his hard-pressed platoons in front. By his personal leadership he forced the enemy back for more than a kilometer, overcoming machinegun nests and capturing 100 prisoners, whose number exceeded that of the men in his command. The exceptional courage and leadership displayed by Capt. Allworth made possible the re-establishment of a bridgehead over the canal and the successful advance of other troops. 
    1946 - Chuck Connors of the Boston Celtics became the first NBA player to shatter a backboard, doing so during the pre-game warm-up in Boston Garden. Connors also played Major League baseball with the Brooklyn Dodgers and the Chicago Cubs and gained fame as star of the television series, “The Rifleman.” My father, Lawrence Menkin, wrote many of the episodes.
    1935 - The game "Monopoly" was introduced by the Parker Brothers Company.
http://www.adena.com/adena/mo/index.htm
http://www.hasbro.com/monopoly/?CFID=
21692834&CFTOKEN=82601711
    1936 – The Brooklyn Dodgers named former pitcher and future Hall of Famer Burleigh Grimes their new manager. Grimes replaced another future Hall of Famer – Casey Stengel.
    1940 - President Roosevelt won an unprecedented third term in office, beating Republican challenger Wendell L. Willkie. Henry A. Wallace was elected vice president. The electoral vote was Roosevelt, 449, Wendell L. Willkie, Republican of Indiana, 82. The popular vote was Roosevelt 27,244,160: Willkie, 22,305,198: Norman Thomas, Socialist candidate, 100,264: Roger W. Babson, Prohibition candidate, 57,812: Earl Browder, Communist, 48,579: John W. Aiken, Socialist Labor candidate, 14,861. In congressional elections, the Democrats lost three Senate seats but kept a 66-28 majority, with two seats going to minor parties. In the House, the Democrats gained seven seats for a 268-162 lead, with five seats going to minor parties.
    1944 - Top Hits
“I'll Walk Alone” - Dinah Shore
“Dance with the Dolly” - The Russ Morgan Orchestra (vocal: Al Jennings)
“How Many Hearts Have You Broken” - The Three Suns
“Smoke on the Water” - Red Foley
    1946 - 29-year old John F. Kennedy started his political career when today he was elected to the United States House of Representatives as a Congressman from Massachusetts
    1947 - Frank Sinatra cuts “ I've Got a Crush on You” with Bobby Hackett on trumpet, NYC.
    1950 - Billy Graham's "Hour of Decision" program was first broadcast over television.
    1951 - RED CLOUD, MITCHELL, JR., Medal of Honor
Rank and organization: Corporal, U S. Army, Company E, 19th Infantry Regiment, 24th Infantry Division. Place and date: Near Chonghyon, Korea, 5 November 1950. Entered service at: Merrilan Wis. Born: 2 July 1924, Hatfield, Wis. G.O. No.: 26, 25 April 1951. Citation: Cpl. Red Cloud, Company E, distinguished himself by conspicuous gallantry and intrepidity above and beyond the call of duty in action against the enemy. From his position on the point of a ridge immediately in front of the company command post he was the first to detect the approach of the Chinese Communist forces and give the alarm as the enemy charged from a brush-covered area less than 100 feet from him. Springing up he delivered devastating pointblank automatic rifle fire into the advancing enemy. His accurate and intense fire checked this assault and gained time for the company to consolidate its defense. With utter fearlessness he maintained his firing position until severely wounded by enemy fire. Refusing assistance he pulled himself to his feet and wrapping his arm around a tree continued his deadly fire again, until he was fatally wounded. This heroic act stopped the enemy from overrunning his company's position and gained time for reorganization and evacuation of the wounded. Cpl. Red Cloud's dauntless courage and gallant self-sacrifice reflects the highest credit upon himself and upholds the esteemed traditions of the U.S. Army. 
    1952 - Top Hits
“You Belong to Me” - Jo Stafford
“Wish You Were Here” - Eddie Fisher
“Half as Much” - Rosemary Clooney
“Jambalaya” (“On the Bayou”) - Hank Williams
    1956 - “The Nat King Cole Show” premiered on television. Very popular African American pianist, jazz musician turned singer, Cole hosted his own variety show for NBC. The Nelson Riddle Orchestra and the Randy Van Home Singers also appeared as regulars on the show. It began as a 15-minute show which was expanded to half an hour. The show was dropped as a result of lack of sponsorship and because many affiliates declined to carry it.
    1960 - Top Hits
“Save the Last Dance for Me” - The Drifters
“My Heart Has a Mind of Its Own” - Connie Francis
“You Talk Too Much” - Joe Jones
“Wings of a Dove” - Ferlin Husky
    1960 - Johnny Horton, who had a Number One smash "Battle of New Orleans," is killed in an auto accident in Texas. Ironically, he had just played his last show, at the Skyline in Austin, Texas-where Hank Williams had played his last show as well. Horton's widow, Billy Joe, was also Hank Williams' widow. Johnny Horton was 33.
    1961 - Strong Santa Ana winds fanned the flames of the Bel Air and Brentwood fires in southern California destroying many homes. At 10 PM, the Los Angeles Civic Center reported a temperature of 74 degrees along with a dew point of 5 degrees. On the 6th, Burbank reported a relative humidity of three percent.
    1964 - Free Speech Movement (FSM) coalesces as thousands of University of California-Berkeley students rally and occupy Sproul Hall. As a reporter I covered this for KFRC, UPI audio, and free lanced to other media.
http://www.berkeley.edu/news/berkeleyan/2002/08/28_fsm.html
http://www.fsm-a.org/stacks/covers/narratives_cvr.html
    1966 - The Motown hit, “You Keep Me Hangin' On,” recorded by The Supremes, debuted on Billboard's pop charts, and was Number 1 for 2 weeks. It was on the charts for a total of 10 weeks. The song was The Supremes' eighth Number 1 record.
    1966 - BAKER, JOHN F., JR., Medal of Honor
Rank and organization: Sergeant (then Pfc.), U.S. Army, Company A, 2d Battalion, 27th Infantry, 25th Infantry Division. Place and date: Republic of Vietnam, 5 November 1966. Entered service at: Moline, Ill. Born: 30 October 1945, Davenport, Iowa. Citation: For conspicuous gallantry and intrepidity in action at the risk of his life above and beyond the call of duty. En route to assist another unit that was engaged with the enemy, Company A came under intense enemy fire and the lead man was killed instantly. Sgt. Baker immediately moved to the head of the column and together with another soldier knocked out 2 enemy bunkers. When his comrade was mortally wounded, Sgt. Baker, spotting 4 Viet Cong snipers, killed all of them, evacuated the fallen soldier and returned to lead repeated assaults against the enemy positions, killing several more Viet Cong. Moving to attack 2 additional enemy bunkers, he and another soldier drew intense enemy fire and Sgt. Baker was blown from his feet by an enemy grenade. He quickly recovered and single-handedly destroyed 1 bunker before the other soldier was wounded. Seizing his fallen comrade's machine gun, Sgt. Baker charged through the deadly fusillade to silence the other bunker. He evacuated his comrade, replenished his ammunition and returned to the forefront to brave the enemy fire and continue the fight. When the forward element was ordered to withdraw, he carried 1 wounded man to the rear. As he returned to evacuate another soldier, he was taken under fire by snipers, but raced beyond the friendly troops to attack and kill the snipers. After evacuating the wounded man, he returned to cover the deployment of the unit. His ammunition now exhausted, he dragged 2 more of his fallen comrades to the rear. Sgt. Baker's selfless heroism, indomitable fighting spirit, and extraordinary gallantry were directly responsible for saving the lives of several of his comrades, and inflicting serious damage on the enemy. His acts were in keeping with the highest traditions of the U.S. Army and reflect great credit upon himself and the Armed Forces of his country.
    1966 - FOLEY, ROBERT F., Medal of Honor
Rank and organization: Captain, U.S. Army, Company A, 2d Battalion, 27th Infantry, 25th Infantry Division. Place and date: Near Quan Dau Tieng, Republic of Vietnam, 5 November 1966. Entered service at: Newton, Mass. Born: 30 May 1941, Newton, Mass. Citation: For conspicuous gallantry and intrepidity in action at the risk of his life above and beyond the call of duty. Capt. Foley's company was ordered to extricate another company of the battalion. Moving through the dense jungle to aid the besieged unit, Company A encountered a strong enemy force occupying well concealed, defensive positions, and the company's leading element quickly sustained several casualties. Capt. Foley immediately ran forward to the scene of the most intense action to direct the company's efforts. Deploying 1 platoon on the flank, he led the other 2 platoons in an attack on the enemy in the face of intense fire. During this action both radio operators accompanying him were wounded. At grave risk to himself he defied the enemy's murderous fire and helped the wounded operators to a position where they could receive medical care. As he moved forward again 1 of his machine gun crews was wounded. Seizing the weapon, he charged forward firing the machine gun, shouting orders and rallying his men, thus maintaining the momentum of the attack. Under increasingly heavy enemy fire he ordered his assistant to take cover and, alone, Capt. Foley continued to advance firing the machine gun until the wounded had been evacuated and the attack in this area could be resumed. When movement on the other flank was halted by the enemy's fanatical defense, Capt. Foley moved to personally direct this critical phase of the battle. Leading the renewed effort, he was blown off his feet and wounded by an enemy grenade. Despite his painful wounds he refused medical aid and persevered in the forefront of the attack on the enemy redoubt. He led the assault on several enemy gun emplacements and, single-handedly, destroyed 3 such positions. His outstanding personal leadership under intense enemy fire during the fierce battle which lasted for several hours, inspired his men to heroic efforts and was instrumental in the ultimate success of the operation. Capt. Foley's magnificent courage, selfless concern for his men and professional skill reflect the utmost credit upon himself and the U.S. Army.
    1966 - The Monkees' "Last Train To Clarksville" hits #1
    1967 - Kenny Rogers and his group The First Edition make their television debut on CBS' “Smothers Brothers Comedy Hour.”
    1968 - Top Hits
“Hey Jude” - The Beatles
“Those Were the Days” - Mary Hopkin
“Midnight Confessions” - The Grass Roots
“Next in Line” - Conway Twitty
    1968 - Republican Richard M. Nixon won the presidency, defeating Vice President Hubert H. Humphrey and third-party candidate George C. Wallace. Spiro T. Agnew, Republican of Maryland was elected vice-president. The electoral vote was Nixon, 302: Humphrey, 191: George C. Wallace, third-party candidate, 45. One Nixon elector later cast his vote for Wallace. The popular vote was Nixon, 31,785,473: Humphrey, 31,275,166: Wallace, 9,906,473. The Republicans gained four seats in the House and five in the Senate but the Democrats still held majorities of 58-42 in the senate and 243-192 in the House. The Republicans gained five governorships in the election.
    1968 - Shirley Anita St. Hill Chisholm, a Democrat, was elected this day and became the first African-American woman elected to Congress. She served the Bedford-Stuyvesant section of Brooklyn for seven terms.
    1970 - Midway through a Beach Boys show at L.A.'s Whiskey-a-Go-Go, Brian Wilson, making one of rare stage appearances, loses his balance several times and has to be helped backstage. His right ear, the better of the two, sustains "severe damage" because of the volume level on-stage
    1971 - The Los Angeles Lakers began professional sport's longest winning streak in the history by winning the first of 33 consecutive basketball games.
    1971 - Two firsts at tonight's Elvis Presley show at the Metropolitan Sports Center in Minneapolis, MI: comic Jackie Kahane begins his lifelong stint as opening act, and Elvis ends the show with cape outstretched in a bizarrely Christ like pose -- another gimmick that will become a staple of Elvis' live act.
    1972 - The Jackson 5 Show, the group's second television special, airs on CBS.
    1974 - The first openly homosexual politician to win an election at the state level was Elaine Noble, a Democrat, who was elected to the Massachusetts State Legislature from the 6th Suffolk district, the Fenway-Back Bay district of Boston, MA. She received 1,730 of the 2,931 votes cast. 
http://www.womeninfilmvideo.org/rff/imagepages/image9.htm
    1976 - The Mariners and Blue Jays each select thirty players in the expansion draft. Seattle picks Royals' outfielder Ruppert Jones and Toronto selects Orioles' shortstop Bob Bailor as their team's respective first picks.
    1976 - Top Hits
“If You Leave Me Now” - Chicago
“Rock'n Me” - Steve Miller
“The Wreck of the Edmond Fitzgerald” - Gordon Lightfoot
“Among My Souvenirs” - Marty Robbins
    1977 - A slow moving storm produced five to nine inch rains across northern Georgia causing the Toccoa Dam to burst. As the earthen dam collapsed the waters rushed through the Toccoa Falls Bible College killing three persons in the dorms. Thirty-eight persons perished at a trailer park along the stream.
    1984 - The Supreme Court ruled the NFL could not block future franchise moves. Furthermore, the Court said the NFL had exceeded antitrust limits in attempting to stop the Oakland Raiders move to Los Angeles, California.
    1984 - Top Hits
“Caribbean Queen” (“No More Love on the Run”) - Billy Ocean
“Purple Rain” - Prince & The Revolution
“Wake Me Up Before You Go-Go” - Wham!
“City of New Orleans” - Willie Nelson
    1986 - Dick Clark registered for initial public stock offerings for his television production company, DCP. On registration forms he called his product " mind candy".
    1987 - Low pressure off the California coast produced stormy weather in the southwestern U.S. Flash flooding stranded 8000 persons in the Death Valley National Park of southern California. Thunder- storms over southern Nevada produced dime size hail and wind gusts to 68 mph around Las Vegas. Unseasonably mild weather in the northeastern U.S. was replaced with snow and gale force winds
    1988 - Top Hits
“Wild, Wild West” - The Escape Club
“Kokomo” (From The "Cocktail" Soundtrack) - The Beach Boys
“The Loco-Motion” - Kylie Minogue
“Bad Medicine”- Bon Jovi
    1988 - The Beach Boys hit #1 in US with "Kokomo." They set two music-chart records with this event. It was the longest span of #1 hits (24 years, 4 months since "I Get Around") and the longest gap between #1 hits (21 years, 10 months since "Good Vibrations").
    1988 - And speaking of music trivia
(thanks to http://www.rockdate.co.uk Rockdate Diary): "The Loco-Motion," by Kylie Minogue hit #4 on the "Billboard Hot 100." The song became the first to reach the top-5 in the U.S. for three different artists (Little Eva in 1962, Grand Funk in 1974).
    1989 - Temperatures warmed into the 80s across much of Texas. Highs of 86 degrees at Abilene, Fort Worth and San Angelo were records for the date
    1991 - Elkins, WV drops to 8 degrees, the coldest so early in the season. Pittsburgh, PA drops to 11 also the coldest so early. Jackson, KY drops to 17 degrees, a daily record
    1993 - Top Hits
“I'd Do Anything For Love” (“But I Won’t Do That”) - Meat Loaf
“All That She Wants” - Ace Of Base
“Just Kickin’ It” - Xscape
“Again” - Janet Jackson
“Dreamlover” - Mariah Carey
    1996 - Voters returned President Clinton to the White House for a second term but kept Congress in Republican control. He defeated Republican candidate Robert “Bob” Dole by 379 to 159 electoral college votes. The reform candidate Ross Perot received no electoral votes. Al Gore was elected vice-president. The popular vote was Clinton, 45,628,667: Dole, 37,869,436: and Perot, 7,874,283. The Republicans gained two Senate seats for a 55-45 majority. The Republicans remained in control in the House, but their majority was reduced from 37 to 19, with 227 Republicans, 207 Democrats and 1 independent.
    1997 - In an unprecedented move, Davey Johnson resigned the same day he was named AL Manager of the Year. Despite the fact that Johnson ended the Orioles’ 13-year playoff drought in 1996 and led the Orioles to the league's best record in 1997, a dispute over $10,500 in fines to second baseman Roberto Alomar ended Johnson's reign in Baltimore. Johnson directed the fines to be paid to a charity. Orioles owner Peter Angelos was upset with the way the matter is handled and Johnson resigned.
    1998 - Top Hits
“The First Night” - Monica
“One Week” - Bare-naked Ladies
“How Deep Is Your Love” - Dru Hill Featuring Redman
“Lately” - Divine
    1999 - U.S. District Judge Thomas Penfield Jackson, in a finding of fact, declared Microsoft Corporation a monopoly. Jackson wrote, “Microsoft enjoys so much power in the market for Intel-compatible PC operating systems that if it wished to exercise this power solely in terms of price, it could charge a price for Windows substantially above that which could be charged in a competitive market.”
    2012 – Standard & Poor’s credit rating agency received a ruling by an Australian judge that they misled investors in their ratings of two pre-crisis issues of structured debt.
    2014 – A Van Gogh painting, “Still Life, Vase with Daisies and Poppies,” sold for $61.8 million, exceeding its estimated worth of $50 million.  The artist painted the work at his doctor’s home shortly before his death.

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