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bank, finance and leasing industries

Extra-Extra ++++++++++++++++++++++++++++++++++++++++

Direct Capital Has Disappeared
Now Part of CIT
(Alexa #1 leasing site)

Shades of Colonial Pacific!

The name and website of Direct Capital has been absorbed into CIT. A search on Google will find all inquiries directed at Direct Capital no longer exist. They now go to CIT. The number one site by Leasing News Alexa Report is gone. (1)

Leasing News was informed, "All of CIT’s offerings are available at including business capital. The CIT Direct Capital website is now integrated and automatically directs customers to the new site.

"Today we revealed a refreshed brand identity aimed at presenting a more cohesive market presence following a multi-year transformation of the company. In addition, the CIT Direct Capital brand will transition to become simply CIT as the company creates a more cohesive market approach in its Business Capital division.

"CIT Direct Capital has been an important part of CIT since it was acquired back in 2014 and will remain a vital part of the company’s success going forward as we continue to add to and grow the operation in New Hampshire. Joining the CIT website will help customers better understand the breadth of financial services we have to offer."

A press release hot off the press from CIT, declares: "CIT Group Inc. (NYSE: CIT) today revealed a simplified and refreshed brand identity aimed at presenting a more cohesive market presence following a multi-year transformation of the company. The effort includes a new marketing campaign, tagline and website reflecting CIT's consumer and commercial businesses."

Bank Like You
"Also new to the campaign is the "Bank Like You" tagline, which reinforces that CIT is focused on empowering customers and putting them and their financial goals front and center.

" 'As we embarked on our journey to evolve the CIT brand, we set out to establish a simple and cohesive position that reflected a newly-transformed company and a diverse customer base,' said CIT Chief Marketing and Communications Officer Gina Proia. ‘Whether a customer comes to us for business financing, commercial lending or personal savings, we want them to know that their goals are our goals. The brand work brings this mission to the forefront.’

"As part of the brand initiative, CIT has also launched a new website that includes an integrated view of its products and solutions for personal savers, small and mid-sized business owners and commercial clients seeking financing. In addition, the CIT Direct Capital brand will transition to become simply CIT as the company creates a more simplified market approach in its Business Capital division."

There may be one more shoe to drop, but being held confidential at this time.  Editor.

(1) Top Six Leasing Company Websites in North America

Related Stories:
Dave & Mike Murray,
  the Original Founders of Direct Capital

Direct Capital Chris Broom Buys $8 Million Home
Appears Keeping Former Tyco President Mansion in NH

Employee Exodus at Direct Capital, Portsmouth, NH
  Customers and Vendors to Follow

For those not familiar (from Leasing News archives):
The History of Colonial Pacific Leasing
   By Christopher “Kit Menkin”

Thursday, November 15, 2018

Today's Leasing News Headlines

Appears Dallin Hawkins Back as Equipment Finance Services
   Sending Brokers emails for Business
New Hires/Promotions in the Leasing Business
   and Related Industries
Leasing Industry Ads---Help Wanted
   Sales Position Open
Cash Flow is Still King
   Four Examples by SLIM Capital, LLC
Alternate Financing Changing from "Peer to Peer"
  Turning toward Banks as well as Institutional Underwriters
Online Student Loan Refinance Company SoFi
   Settles FTC Charges
More than 100 First American Colleagues
    Have Earned the CLFP Designation
GATX Acquires 3,100 Railcars
   a $229 Million Purchase
The Ballad of Buster Scruggs/Monrovia, Indiana
Ant-Man and the Wasp/The King/A Story from Chikamatsu
   Digital/Film Reviews by Leasing News Fernando Croce
Wheaten Terrier
   Beverly Hills, California  Adopt a Dog
Leasing News Classified Ads
   Licensed Investigator
News Briefs---
Cisco Systems Laying Off 5,500 Jobs Globally
   Nearly 500 Consisting of San Francisco Bay Area Employees
New building will give Amur Equipment Finance room to grow
   Old Wells Fargo building will become new main office (w/photo)
Ford’s China Sales Sink Lower in October
  Their Problems are Not Unique
Silicon Valley Bank Buys Leerink for $280M
 to expand its investment banking services life sciences companies
H-1B: Immigrants founded more than half
    of U.S. tech unicorns, study says

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Appears Dallin Hawkins Back as Equipment Finance Services
Sending Brokers emails for Business

Readers sent me the following email. But first, we should note that one broker was smart enough to search Google since the email and website looked familiar, and are from Murray, Utah. In fact, he also sent me what he found that lead him to discover behind the scenes what appears to be Dallin Hawkins as indicated in the footnotes.

Here is the actual emails that were sent from John Williams, Equipment Finance Services, Riverton, Utah, to brokers soliciting their business:

"I wanted to follow up on your equipment financing and working capital needs for year end.
"We have looked at transactions with you in the past and have a substantial amount of capital to place before year end so you can take full advantage of the $1M Section 179 write-off.
"What equipment purchases are you currently looking at before the end of the year that we can give you a quote on?
Best Regards,
John Williams

John Williams
Senior Account Manager
P: 801-386-8174
F: 801-880-0009

Note: Email and telephone call to Mr. Williams were not returned.

John Williams does have a LinkedIn listing stating he has been Senior Account Manager since July, 2014. (1)

Hawkins is named in his profile Equipment Finance, Finance Services, and he is noted as Director of Sales & Operations at Integrity Financial Groups with the same telephone numbers of Equipment Finance Services (2)

The Equipment Finance Services website states the company is AA rated, but no listing was found to verify this nor were the officers identified.

There is a new arrest record for Hawkins (3), thus the reason the last posting for Dallin Hawkins shows a Chapter 7 (4)

  1. Williams LinkedIn

  2. Hawkins personal website

  3. Rap Sheet 10/24/2018

  4. Alert: Dallin Hawkins Files Chapter 7



New Hires/Promotions in the Leasing Business
and Related Industries

Keo Chanthavong was hired as Loan and Lease Service Specialist in the Equipment Finance Department, First Foundation Bank, Irvine, California.  Previously, she was Funding Coordinator, Envision Capital Group, Inc. (March, 2015 - September, 2018); Records Supervisor, Unisource Discovery (June, 2003 - March, 2015); Senior Records Clerk, Complex Legal Services (March, 2004 - June, 2013). Education: Fremont College, Business Administration (2011 - 2013). Saddleback College, Phlebotomy Technician/Phlebotomist (2007).

Michael Gay was hired as Executive Vice President and Senior Managing Director, Group Head, Sponsor Finance, Stonebriar Commercial Finance, San Francisco, California.  Previously, he was Senior Managing Director, Group Head, NXT Capital (January, 2013 - February, 2017); Managing Director, Banc of America Leasing (June, 2010 - January, 2013); Director, Key Equipment Finance (September, 2008 - June, 2010); Senior Managing Director, FirstLight Financial Corporation; Managing Director, GE Commercial Finance (2001- 2007); Vice President, FINOVA Capital Corporation (1998 - 2000); Vice President, Tokai Financial Services (1992 - 1998); Account Executive, Leasepartners (1992 - 1993).  Education: University of California, Berkely, Bachelor of Arts (B.A.), Political Science (1986 - 1990.)

Walter Kelley was hired as Account Manager, U.S. Bank Equipment Finance, Technology Group, Charlotte, North Carolina. Previously he was Senior Account Executive, CSI Leasing, Inc. (March, 2015 - October, 2018). Previously, he started System Engineer, EMC, January, 2000: promoted 2005, Area Technical Solutions Manager; promoted, 2007, Regional Technology Solutions Director; promoted, 2008, District Sales Manager. He was with the firm 15 years, two months. Volunteer: Community Service: Board Member, Apparo (July, 2013 - July, 2016).  Corporate Sponsorship Volunteer, St. Jude Children's Research Hospital (July, 2106 - Present).  Education: Virginia Commonwealth University, School of Business. BS, Finance (1986 - 1999).Activities and Societies: Pi Kappa Phi.  Benedictine High School (1982 - 1986).

Terry Petzold was hired as Managing Director, Technology Practice Area, ZRG Partners, Rochelle Park, New Jersey. He is located in Bossier City, Louisiana.  Previously, he was the Managing Partner, Magee Resource Group (2009 - 2018); Managing Partner, Demand Management (Demand Solutions) (2008 - 2009); Regional Vice President, Info (2007 - 2009); Account Executive, Epicor Software (2006 - 2007); Account Executive, Sopra Steria (2004 - 2006); Regional Channel Sales Manager, Sage (1999 - 2003). Volunteer: Community Services:  Honorary Commander, AFGSC, 2nd Bomb Wing, 2nd Communications Squadron, United States Air Force (September, 2017 - Present).  Member, Economic Development Committee, Committee of One Hundred (July, 2017); Board of Advisors, Berkshire Hathaway Home Services (September, 2017 - Present); Board Member and Workforce Development committee, North Louisiana Economic Partnership (January, 20187 - Present); Vice Chairman of the Board, AMlkids (October, 2017 - Present); Board Member, Bossier Chamber of Commerce (2018 - Present); Finance Chair, Bossier Innovates (2016 - Present); Board Member and Economic Development Committee, Greater Shreveport Chamber of Commerce (January, 2018 - Present); Board Member, First Chance (June, 2017 - Present); Board Member, Step Forward (2015 - 2018); Advisory Committee (Business Department). BPSTIL (Bossier Parish School for Technology and Innovative Learning (2016 - Present). fundraising Committee Member, Council on Alcoholism and Drug Abuse of Northwest Louisiana (2015).  Education: Staffordshire University, Marketing (1999); Grand Canyon University, Marketing (1996 - 1999).  Wheaton Academy.  High School, College/University Preparatory and Advanced High School (1992 - 1996). Activities and Societies: #1 Varsity Golf,
Chorus, Teacher's Assistant.






Cash Flow is Still King
Four Examples by SLIM Capital, LLC

Here are a few recent transactions where we have made a real difference in cash flow needs.

$750,000 for a Pizza Franchisee
Results in $30,000 of Monthly Savings!

A pizza franchisee found himself paying over $60,000 per month in daily ACH payments after taking out Merchant Cash Advance debt to perform required upgrades mandated by the franchisor. SLIM reviewed the business financials for these 8 locations and offered to take out ALL of their debt with nothing more than a UCC filing on the stores. The resulting payment was nearly $30,000 less than the MCA payments. This is cash flow that goes DIRECTLY to the art of making PIZZA!

$235,000 Cash Out for IT Equipment
and Soft Assets...

A Network Support and Admin firm needed capital to acquire a competitor, but did not have the financials or hard assets to secure the financing for the acquisition. We looked at their list of IT Equipment and offered $235k, structured with 36 monthly payments to give them the cash they needed to acquire the competitor. $162,000 for an Owner Operator Leasing a New Truck


This Owner/Operator had been hauling for 4 years and was due for an equipment upgrade. With his experience, clean credit history and strong bank statements, we qualified him for our Low Rate Lease Program and offered a 60 month term for his 2019 purchase. We offer this to fleets as well as owner/operators.

$26,000 for a Cell Tower Repair Company

This cell tower repair company had just picked up a new contract with a major carrier and needed new work trucks to keep up with the service level commitments they had promised. They had some slow pays due to some historic A/R delays, but we were able to get comfortable with their story to offer $26,000 for their two truck acquisition. We highlighted this deal to show how we offer diverse solutions small deals as well as the larger ones. WE CAN HEAR YOU NOW!!!

SLIM Capital, LLC is a nationwide direct finance company that specializes in securing hard assets to structure financing transactions. We consider equipment with a strong secondary market value, real estate and other assets that can be easily monetized as collateral. Give us a call or email us with any deals that you think might be a fit.

Shervin Rashti, CLFP
Direct: 310-499-2506
Jeff Brannon
Direct: (949) 981-0431
SLIM Capital, LLC
9301 Wilshire Blvd., Suite 610
Beverly Hills, CA 90210



Alternate Financing Changing from "Peer to Peer"
Turning toward Banks and Institutional Underwriters

Alternate Finance Companies have changed from "peer to peer" financing and "Go Fund Me" to more syndications, particularly with banks.  It is similar to early leasing company growth from syndications and investments to more bank relations, including direct bank involvement in purchasing the entities.

Both Lending Club and OnDeck are good examples, bundling up loans the banks can hold, and providing supply services and software to assist banks in originating loans to existing customers at Financial Technology costs rather than "bank labor intensive."

Look for more competition due to the software being developed not only for marketing, but approving and processing with little human involvement. The industry has come a long way from “fax to fund” being the latest development.



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

Online Student Loan Refinance Company SoFi
Settles FTC Charges

Online student loan refinancer SoFi has agreed to stop misrepresenting how much money student loan borrowers have saved or will save from refinancing their loans with the company, in order to settle Federal Trade Commission (FTC) charges that it deceptively advertised inflated figures for more than two years.

In a complaint against Social Finance, Inc. and subsidiary SoFi Lending Corp. (SoFi), the FTC alleged that since at least April 2016, SoFi made false statements about loan refinancing savings in television, print, and Internet advertisements.  The FTC alleged that the average savings SoFi touted in its ads inflated the actual savings by excluding large categories of consumers.

As part of the proposed settlement with the FTC, SoFi is prohibited from misrepresenting to consumers how much money consumers will save or have saved using SoFi’s products and from making any claims about any such savings, unless they are backed up with reliable evidence.

The FTC published a description of the consent agreement package in the Federal Register subject to public comment through Nov. 28. 

Note: SoFi has a $12 million loss in the third quarter, which followed a $150 million loss in the 2nd Quarter. They also recently announced they were planning to open physical locations to manage cash transactions. Editor).

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


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

More than 100 First American Colleagues
Have Earned the CLFP Designation

Fairport, NY– First American Equipment Finance announced that a total of 106 of its colleagues have earned the Certified Lease and Finance Professional (CLFP) designation. More CLFPs work at First American than anywhere else in the world.

Alan Sikora, CEO of First American Equipment Finance, said, “My colleagues and I have found that the CLFP program provides a comprehensive foundation on equipment leasing and finance topics.

 “The deep understanding of the industry that our CLFP-certified colleagues have accumulated helps First American serve clients at a higher level.”
The CLFP exam is an objective, third party-vetted indication of a lease professional’s reputation, experience and knowledge, and is known as the standard for professionalism in the commercial equipment leasing industry. The body of knowledge required to earn the CLFP designation includes proficiency in credit and financial statement review, lease law and lease documentation, financial and tax accounting for leases, portfolio management and more. 

CLFPs must demonstrate their competency through a proctored test, commit to continuing education as well as integrity in business practices, and be dedicated to the equipment finance industry. There are 637 CLFPs in the world, 106 work at First American Equipment Finance.
First American’s newest class of CLFPs:
Ryan Anthony
Michelle Bruno
Kyle Cerone
Dez Chackal
Christopher Demtschenko
Nick Flemister
Chris Forsyth
Julie Kaczor
Josh Klein
Traci McKenrick
Samantha Nunn
Adrian Pelkey
Zachary Scribani
Marietta Smith
Alison Taylor
Katelyn Weichman
Megan Yeaple
First American Equipment Finance is a wholly-owned subsidiary of Los Angeles, CA-based City National Bank, an RBC Company. First American is ranked among the largest equipment finance companies in the United States, and provides commercial equipment financing to the most creditworthy and sophisticated commercial borrowers in the country. 
FORTUNE and Great Place to Work also ranked First American as a Best Midsize Workplace for Millennials, Best in New York, Best for Women, Best for Giving Back and Best for New Grads. Entrepreneur Magazine named First American as a Top Company Culture and Selling Power Magazine named First American among the Best to Sell For. Best Companies Group named First American as the #1 Best Midsize Place to Work in New York.

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



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

GATX Acquires 3,100 Railcars
a $229 Million Purchase

CHICAGO,  -- GATX Corporation (NYSE:GATX) announced it entered into an agreement to acquire a fleet of up to 3,100 railcars from ECN Capital Corporation.  The purchase price is up to $229 million.

Robert C. Lyons, Executive Vice President, GATX, and President, Rail North America, said, “This transaction furthers our growth strategy of acquiring high quality railcars at an attractive cost.” The fleet consists predominantly of freight cars with an average age of 7 years.  The closing of this acquisition is expected to occur on November 30, 2018 or as soon as practicable thereafter, subject to standard closing conditions including receipt of any required regulatory approvals.

GATX Corporation (NYSE:GATX) strives to be recognized as the finest railcar leasing company in the world by its customers, its shareholders, its employees and the communities where it operates.  As the leading global railcar lessor, GATX has been providing quality railcars and services to its customers for 120 years.  GATX has been headquartered in Chicago, Illinois, since its founding in 1898. For more information, please visit the Company’s website at

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



Fernando's View
By Fernando F. Croce

New releases include a Western anthology (“The Ballad of Buster Scruggs”) and an observant documentary (“Monrovia, Indiana”), while breezy blockbusters (“Ant-Man and the Wasp”), ambitious pop portraits (“The King”), and stunning drama (“A Story from Chikamatsu”) come to DVD.

In theaters:

The Ballad of Buster Scruggs (Netflix): Oscar-winning fraternal auteurs Joel and Ethan Coen (“No Country for Old Men”) return to the Old West with this richly sardonic collection of frontier tales. It kicks off on a darkly comic register, following the eponymous guitar-strumming outlaw (Tim Blake Nelson) and a luckless bank robber (James Franco). As one story follows another, however, the tone turns increasingly somber as various characters meet their unexpected demises. There’s a crusty prospector (Tom Waits), a cynical impresario (Liam Neeson), a plucky homesteader (Zoey Kazan), and a bounty hunter (Brendan Gleeson), each meeting the kind of bizarre turns of fate that are the specialty of the renowned filmmakers. Made with characteristic style, wit and a jaundiced eye, this anthology makes for a sturdy addition to the Coens’ celebrated oeuvre.

Monrovia, Indiana (Zipporah Pictures): Over the course of five decades, the great documentarian Frederick Wiseman has crafted methodical, perceptive portraits of just about every American institution. As with his recent “In Jackson Heights,” his newest movie turns his gaze to the quotidian rituals of a specific place, namely the modest titular midwestern town. Among the places visited are the local high-school, where past basketball victories are recalled, and the planning council, where such subjects as fire hydrants are discussed with unexpected intensity. As trips to the veterinarian and views of main street are pieced together into a larger whole, Wiseman’s observation stirringly suggests a feeling of unspoken loneliness at the heart of the community. Leisurely but always alert and never condescending, the film weaves a poetic quilt out of daily life.

Nextflix: A warm and versatile character actor, James Karen (1923-2018) provided decades of sturdy supporting roles. So check out Netflix for his best films, which include “All the President’s Men” (1976), “Poltergeist’ (1982), “Wall Street” (1987), and “Mulholland Drive” (2001)


Ant-Man and the Wasp (Walt Disney Studios): One of the most lighthearted characters in the often dour superhero universe, pint-sized Ant-Man makes a welcome return in this enjoyable sequel. After the events of “Avengers: Infinity War,” the eponymous protagonist, aka Scott Lang (Paul Rudd), finds himself donning shrinking superpowers along with increasing responsibilities as a father. By his side is Hope van Dyne (Evangeline Lilly), who has inherited the mantle of the Wasp from her mother Janet (Michelle Pfeiffer) and is ready to prove she’s as fierce a fighter. While getting ready to confront the mysterious Ghost (Hannah John-Kamen), both Ant-Man and the Wasp uncover revelations from the past. Directed once again by Peyton Reed, the film has a breezy charm and humor that set it apart from the average city-smashing blockbuster.

The King (Oscilloscope): Elvis Presley has been the subject of countless studies, yet award-winning filmmaker Eugene Jarecki (“Why We Fight”) sheds compelling new light on the legendary performer in this ambitious documentary. Structuring his inquiry as a cross-country ride in Presley’s famous silver Rolls-Royce, Jarecki examines the singer’s personal story as well as his metaphorical intimations. There’s the by-now familiar narrative from Mississippi roots to Los Angeles stardom to Las Vegas infamy, sprinkled with incredible details from people who knew him. And there are also interviews with a wide variety of talking heads discussing what the icon means to them, ranging from Alec Baldwin and Chuck D to Mike Myers and James Carville. As with “O.J.: Made in America,” the film paints a sprawling, probing portrait of celebrity and the American Dream.

A Story from Chikamatsu (Criterion): The Japanese master behind such shattering works as “Ugetsu” and “Sansho the Bailiff,” Kenji Mizoguchi also directed this lesser-known but stunning drama from 1954. The 17th-century story chronicles a tragic romance that’s set in motion by a wealthy, cruel merchant named Ishun (Eitaro Shindo). His young wife Osan (Kyoko Kagawa) endures his callousness until her troubled brother finds himself in desperate need of money. When Ishun refuses to help, she teams up with Mohei (Kazuo Hasegawa), one of her husband’s employees, to steal the money. On the run from Ishun, the two become lovers determined to remain together no matter how dire their situation gets. Infusing the melodramatic plot with his trademark intensity, Mizoguchi serves up an unforgettable passion play. With subtitles.


Wheaten Terrier
Beverly Hills, California  Adopt a Dog

Coat: Medium
Good in a home with other dogs
Characteristics: Sweet, Small, Cute, Adorable

Meet Spike
“He’s a sweet boy ready to make friends wherever he goes! Ultra-cute, small and friendly... what more could you ask for? He's now available for adoption and ready to find his loving, caring forever home!"

Ace of Hearts
P. O. Box 2357
Beverly Hills, California
(310) 358 - 3344

Adoption times: 1pm to 5pm
November 24
December 8
December 22
We do show dogs on the weekends that we are not at Petco,
after the interested party has filled out the online application
(by appointment only).

Story about "Ace of Hearts Dog Rescue"

The Ace of Hearts adoption process consists of four steps.
1. Complete and return an adoption application. We then review the application and contact you.
2. If you have not already met the dog, and we believe there is a good match, we can arrange a private appointment to do so.
3. If all parties agree to proceed with the adoption, we make a home delivery of the dog.
4. The final step consists of a contractual agreement between Ace of Hearts and the dog's new family.

Application Form:



Adopt a Pet


Licensed Investigator

Irvine, CA - Consulting and Investigations Operation Lease Fleece Case Agent, 20 year FBI fraud/white collar crime investigator,
10 year USMC Officer-pilot.
Calif. Private Investigator License #29005
Mobile: 949-713-9601

Los Angeles - Licensed Private Investigators, specializing Collateral Recovery Field Investigation for the Lending industry since 1998 - Our clients include Banks, Credit Unions, Automotive and Equipment Lenders.

Collections, Investigations & Asset
Tierra Investigations & Consultants, LLC. Commercial collections, repossessions, bankruptcy fraud, theft & conversion claims.  
Fax 605-647-0534



News Briefs----

Cisco Systems Laying Off 5,500 Jobs Globally
 Nearly 500 Consisting of San Francisco Bay Area Employees

New building will give Amur Equipment Finance room to grow
   Old Wells Fargo building will become new main office (w/photo)

Ford’s China Sales Sink Lower in October
  Their Problems are Not Unique

Silicon Valley Bank Buys Leerink for $280M
to expand its investment banking services life sciences companies

H-1B: Immigrants founded more than half
    of U.S. tech unicorns, study says




You May Have Missed---

Uncle Sam wants you to sit less and move more.
Here’s how you can meet the new exercise guidelines


Football Poems

By Louis Jenkins

I take the snap from the 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.



Sports Briefs---

49ers Auctioning Jerseys For Fire Aid,
     Welcomed Paradise students
Raised to date over $100,000 with dollar-for-dollar match for NVCF

Draymond Green Suspended for Game vs. Hawks
   After Kevin Durant Altercation

49ers sticking with Nick Mullens as starting quarterback

NFL flexes two games to 'Sunday Night' in Weeks 13-14
49ers & Raiders out of Prime Time/Bear-Rams & Chargers Steelers in


California Nuts Briefs---

Feds to Butte County: "An American Issue"
‘You’re not going to be able to rebuild Paradise the way it was’

Camp Fire destroyed 93-year-old’s home.
 ‘I don’t think they’ll call it Paradise again’

California’s state budget is so flush words can’t describe it

Refugee camps for fire survivors? Butte County on ‘edge’
  of humanitarian crisis after Camp Fire

Red flame retardant falling on California’s wildfires
  is made at a Rancho Cucamonga factory[idio]=8808133&ito=792&itq=642bc50e-fac4-45c5-a151-af56fd5fb78f

Old restaurant site bought while downtown San Jose
   triple tower plan advances

Dungeness crab season 2018: It’s a go for Thursday morning



“Gimme that Wine”

Wine Country Magazine Launching in December
   will Curate Innovative and Aspirational Stories

Wine Prices by vintage

US/International Wine Events

Leasing News Wine & Spirits Page


This Day in History

     1492 - Christopher Columbus notes first recorded reference to tobacco. His main objective was bringing slaves back to Spain but he also introduced tobacco, first to chew, and then to smoke, addicting Europe to nicotine, which became the new world's major export, as grown and harvested by African slaves.
    1598 - Juan de Onate declares possession of Hopi land (northern Arizona) in name of Spanish crown.
    1626 - The original Mayflower "pilgrims" (Separatists), having lived in their American colony for six years, bought out their London investors for 1,800 pounds.
    1660 - First kosher butcher, Asser Levy, was licensed in New Amsterdam.  Levy was also the first Jew to own land in North America.
    1763 - Charles Mason and Jeremiah Dixon begin surveying Mason-Dixon Line between Pennsylvania and Maryland.  Maryland’s charter of 1632 granted the Calverts land north of the entire length of the Potomac River to the 40th parallel. A problem arose when Charles II granted a charter for Pennsylvania in 1681. The grant defined Pennsylvania's southern border as identical to Maryland's northern border, but described it differently, as Charles relied on an inaccurate map. The terms of the grant clearly indicate that Charles II and William Penn believed the 40th parallel would intersect the Twelve-Mile Circle around New Castle, Delaware, when in fact it falls north of the original boundaries of the City of Philadelphia, the site of which Penn had already selected for his colony's capital city. Negotiations ensued after the problem was discovered in 1681. A compromise proposed by Charles II in 1682, which might have resolved the issue, was undermined by Penn receiving the additional grant of the "Three Lower Counties" along Delaware Bay, which later became the Delaware Colony, a satellite of Pennsylvania. Maryland considered these lands part of its original grant.  The conflict became more of an issue when settlement extended into the interior of the colonies. In 1732, the governor of Maryland, Charles Calvert, 5th Baron of Baltimore, signed a provisional agreement with William Penn’s sons, which drew a line somewhere in between and renounced the Calvert claim to Delaware. But later, Lord Baltimore claimed that the document he had signed did not contain the terms he had agreed to and refused to put the agreement into effect. Beginning in the mid-1730s, violence erupted between settlers claiming various loyalties to Maryland and Pennsylvania. Progress was made after a court ruling affirming the 1732 agreement, but the issue remained unresolved until Frederick Calvert, 6th Baron of Baltimore, ceased contesting the claims on the Maryland side and accepted the earlier agreements. Maryland's border with Delaware was to be based on the Transpeninsular Line and the Twelve-Mile Circle around New Castle. The Pennsylvania–Maryland border was defined as the line of latitude 15 miles south of the southernmost house in Philadelphia (on what is today South Street). As part of the settlement, the Penns and Calverts commissioned the English team of Mason and Dixon to survey the newly established boundaries.
    1777 - The Articles of Confederation were adopted in Philadelphia, PA. South Carolina was the first of the 13 states to ratify them, on February 5, 1778, and Maryland was the last, on January 30, 1781. The articles were formally announced to the public on March 1, 1781.
    1791 – The first Catholic college in the U.S., Georgetown, opened.
    1805 - Explorers Lewis & Clark reach the mouth of the Columbia River. Accompanying them is a black slave, York, who, while technically Clark's valet, distinguished himself as a scout, interpreter, and emissary to the Native Americans encountered (they had never seen a “black” man and considered him “a medicine man of the spirits.”
    1806 - Lt. Zebulon Montgomery Pike sighted a mountain peak that now bears his name. The massive, towering (elevation 14,110 feet) behemoth had been called “The Long One” by Ute Indians. Its name was changed to honor the young army lieutenant. Lt. Pike was leading a survey party into the newly acquired Louisiana Purchase when he spotted the snowcapped peak in the distance. “Pike's Peak or Bust!” was the familiar slogan of many a wagon train settler traveling west in the 1800s. Visitors to the Pike's Peak region (near Colorado Springs) continue to be captivated, inspired, and enthralled by Colorado's most famous mountain.
    1869 - Free postal delivery formally inaugurated.
    1873 - Birthday of Sara Josephine "Jo" Baker (d. 1945), Poughkeepsie, NY.  Doctor and public-health worker, she founded the Bureau of Child Hygiene. Her revolutionary methods of teaching hygiene, providing nutrition, and prenatal care reduced infant mortality by 1200 a year, making New York City's infant mortality rate the lowest in the U.S., dropping infant deaths from 144/1000 live births in 1908 to 66/1000 in 1923. Going door-to-door with a team of 30 nurses, Dr. Baker taught basic hygiene, nutrition, ventilation. She established free milk stations, devised a simple baby formula, created training for older children who had to care for younger when the mother went to work to earn food for the family, invented the "obvious but previously unthought- of, system of making baby clothes all open down the front that eliminated suffocation, Under her guidance the infant mortality rate of 1,500 per week dropped to 300 and soon New York could claim the lowest infant mortality rate in the world. She retired in 1923 after all 48 states had copied her methods.
    1881 - Birthday of Georgia O'Keefe (d. 1986), at Sun Prairie, WI. Described as one of the greatest American artists of the 20th century, in 1924, she married the famous photographer Alfred Stieglitz. His more than 500 photographs of her have been called “the greatest love poem in the history of photography.” She painted desert landscapes and flower studies.
    1885 - Birthday of Forrest Clare “Phog” Allen (d. 1974), Jamesport, MO.  Basketball player and Basketball Hall of Fame coach, he met Dr. James Naismith, inventor of basketball, while Allen was a student at the University of Kansas and Naismith was coaching there. Allen played for Naismith and then became a coach himself, primarily at his alma mater until 1956 when he was forced to retire. Over 46 years, his team won 771 games and lost only 233. He wrote three books about the sport and was instrumental in having basketball added to the Olympic program in 1936. Inducted into the Naismith Memorial Basketball Hall of Fame in 1959.
    1886 - Believed to be the anniversary of George Spelvin's theatrical birth, in Charles A. Gardiner's play “Karl the Peddler,” in a production at New York, NY. The name (or equivalent Georgina, Georgetta, etc.) is used in play programs to conceal the fact that an actor is performing in more than one role. The fictitious Spelvin pseudonym is said to have appeared in more than 10,000 Broadway performances.
    1886 - In the first Major League trade ever, the Cincinnati Red Stockings of the American Association dealt rookie catcher Jack Boyle and $400 to the St. Louis Browns for outfielder Hugh Nicol.
    1887 - The American newspaper columnist, translator, poet, and radio personality, F.P.A., was born Franklin Pierce Adams (d. 1960), Chicago, Illinois. His humorous syndicated column will earn him the reputation of godfather of the contemporary newspaper column.
    1887 - Marianne Moore (d. 1972), poet and Yankee baseball fan, born near St. Louis, Missouri.
    1889 – Amos Alonzo Stagg at Yale University, New Haven, CT, created a football dummy for tackling purposes. He used an old gymnasium mat for the purpose.
    1900 - A lake effect snowstorm dropped 45 inches of snow in 24 hours at Watertown, NY
    1904 - One of Broadway's most famous phrases was first spoken when Ethel Barrymore, appearing in the play, "Sunday," said the line, "That's all there is. There isn't any more," as the curtain fell.
    1913 - Drummer Gus Johnson (d. 2000) birthday, played with Count Base and Duke Ellington, among others.
    1926 - Network radio was born. 24 stations carried the first broadcast from (bong-bing-bong) NBC, the National Broadcasting Company. The program was a gala 4½-hour broadcast from the Waldorf-Astoria Hotel in New York City. Two remote pickups were also on the program. Opera star Mary Garden sang from Chicago and Will Rogers presented a humorous monologue from Independence, Kansas. Charles Lindbergh was among the luminaries who attended the broadcast.
    1932 - Birthday of Petula Clark, born Sally Olwen Clark at Dwell, Surrey, England.  She is best known for hits “Downtown,” “I Know a Place” “This is My Song.”  "Downtown" went to No. 1 on the American charts in January 1965 and 3 million copies were sold in America.  "Downtown" was the first of 15 consecutive Top 40 hits Clark achieved in the United States.  The American recording industry honored her with Grammy Awards for "Best Rock & Roll Recording of 1964" for "Downtown" and for "Best Contemporary (R&R) Vocal performance of 1965-Female" for "I Know a Place." In 2004, her recording of "Downtown" was inducted into the Grammy Hall of Fame.
    1934 - The Dorsey Brothers record their theme, “Sandman.”
    1939 - President Roosevelt laid the cornerstone of the Jefferson Memorial in Washington, D.C.  By 1901 the Senate Park Commission had proposed placing a Pantheon-like structure on the site hosting "the statues of the illustrious men of the nation, or whether the memory of some individual shall be honored by a monument of the first rank may be left to the future"; no action was ever taken by Congress on this issue.  The completion of the Tidal Basin Inlet Bridge in 1908 helped to facilitate the recreational usage of East and West Potomac Parks. A design competition was held for a memorial to Theodore Roosevelt in 1925. The winning design was submitted by John Russell Pope and consisted of a half-circle memorial situated next to a circular basin. The plan was never funded by Congress and was not built.  The Memorial's chance came in 1934 when President Franklin Roosevelt, an admirer of Jefferson himself, inquired to the Commission of Fine Arts about the possibility of erecting a memorial to Jefferson, including it in the plans for the Federal temple project, which was under construction at the time. Later the same year, Congressman John J. Boylan jumped off FDR's starting point and urged Congress to create the Thomas Jefferson Memorial Commission. Boylan was appointed the Commission's first chairman and Congress eventually appropriated $3 million for a memorial to Jefferson.  The Commission chose John Russell Pope as the architect in 1935.  Construction had begun on December 15, 1938.
    1940 - The first 75,000 men were called to United States Armed Forces duty under peacetime conscription.
    1950 - When Arthur Dorrington signed a contract to play hockey with the Atlantic City Seagulls of the Eastern Amateur League, he became the first African-American to play organized hockey in the US. He played for the Seagulls during the 1950 and 1951 seasons.
    1952 - In a NBA overtime game between the Baltimore Bullets and the Syracuse Nationals, a record 13 players, five Bullets, and eight Nats, fouled out. The referees let some of the Syracuse players back into the game and called a technical foul every time one of them committed an additional personal foul. Baltimore won, 97-91.
    1954 - Top Hits
“I Need You Now” - Eddie Fisher
“Hold My Hand” - Don Cornell
“Mr. Sandman” - The Chordettes
“More and More” - Webb Pierce
    1954 - CBS-TV's "Studio One" had Joan Weber singing "Let Me Go, Lover." The song enjoyed a bit of popularity before the television show aired, but skyrocketed to fame after.
    1956 - Elvis Presley's first film, "Love Me Tender," premiered.
    1960 - A $3.5 million offer for the Kansas City Athletics was accepted from a St. Louis group and the sale of the 52% stock by the widow of the late Arnold Johnson is expected tomorrow. A sale of the remaining minority stock is also expected.
    1961 – The Yankees’ Roger Maris, on the heels of his record-breaking 61 homer season, won the AL MVP for the second consecutive year, nosing out teammate Mickey Mantle by four votes.
    1962 - Top Hits
“He's a Rebel” - The Crystals
“Big Girls Don't Cry” - The Four Seasons
“All Alone Am I” - Brenda Lee
“I've Been Everywhere” - Hank Snow
    1964 - The first bridge player to win more than 1,000 master points in one year was Oswald Jacoby of Dallas, Texas, who passed the 1,000 mark in a tournament this day held at Edgewater Park, MS. His total points for 1963 were 1,034.
    1965 - Craig Breedlove set a world speed record at Utah's Bonneville Salt Flats with a speed of 600.601 mph.
    1966 - The flight of Gemini 12 ended successfully as astronauts James A. Lovell and Edwin “Buzz'' Aldrin Jr. splashed down safely in the Atlantic.
    1966 – One of the major stories in San Francisco at the time occurred when the SFPD raided the Psychedelic Shop and arrested Allen Cohen, 26, the store clerk, for selling "The Love Book" by Lenore Kandel, a small pamphlet of 8 pages with 4 poems, on grounds of obscenity. It was the dawn of the psychedelic age in the Haight-Ashbury neighborhood of San Francisco. Ronald Reagan had just been elected Governor of California on a platform that included harassment of hippies.  The Psychedelic Shop, the most famous head shop on Haight St. (and perhaps the first head shop in the world), became famous. The subsequent trial of Cohen, Ron Thelin and a City Lights Bookstore clerk becomes the longest criminal trial in San Francisco history to that point. A San Francisco jury convicts all three and finds “The Love Book” to be obscene (Lenore Kandel's first appearance in literary history is as a character: the sexy Ramona Swartz, who spends a spooky weekend in a cabin with Jack Duluoz (Jack Kerouac), Dave Wain (Lew Welch), and Duluoz's girlfriend Billie in Kerouac's novel, “Big Sur”).
    1969 - A quarter of a million protesters staged a peaceful demonstration in Washington, D.C., against the Vietnam War.
    1969 - The first album featuring musical brother and sister act Karen and Richard Carpenter, "Offering," was released by A&M Records. While this Carpenter's tune was not a big seller, a single on the album, a remake of The Beatles' "Ticket to Ride," gained national attention. Their next album, would establish them as international stars with "Close to You."
    1969 - Rock singer Janis Joplin was accused of vulgar and indecent language and was arrested in Tampa, Florida. She was later released on a $50 bond.
    1970 - Top Hits
“I'll Be There” - The Jackson 5
“We've Only Just Begun” - Carpenters
“I Think I Love You” - The Partridge Family
“I Can't Believe That You've Stopped Loving Me” - Charley Pride
    1974 - The pressure-sensitive adhesive postage stamp was introduced. It was a 10-cent Dove of Peace pre-canceled Christmas stamp, depicting a dove weather vane.
    1978 - Top Hits
“MacArthur Park” - Donna Summer
“Double Vision” - Foreigner
“How Much I Feel” - Ambrosia
“Sleeping Single in a Double Bed” - Barbara Mandrell
    1980 - Kenny Rogers got his first #1 solo song after years of success on the charts with the New Christy Minstrels and First Edition. The song was "Lady," written by Lionel Richie, which stayed at the top for six weeks.
    1986 - Ivan F. Boesky, reputed to be the highest-paid person on Wall Street, faced penalties of $100 million for insider stock trading. This was the highest penalty ever imposed by the SEC. In 1987, he was sentenced to jail for three years beginning in 1988, plus barred from dealing in securities and ordered to pay $100 million in penalties. Boesky cooperated with the SEC in an insider-trading probe that rocked Wall Street.
    1986 - Top Hits
“Amanda” - Boston
“Human” - Human League
“True Blue” - Madonna
“Diggin' Up Bones” - Randy Travis
    1988 - A strong F2 tornado hit Topeka, KS injuring 22 and causing $4 million damage. Another strong F2 tornado ripped a 43-mile path through Saline, Pulaski, Lonoke and Prairie counties in central Arkansas and killed 5, injured 60 and did $15 million damage. Hail to 3.5 inches in diameter fell near Denton, TX.
    1989 - An F4 tornado hit Huntsville, AL with winds estimated between 207 and 260 mph. The tornado had a damage path 18 miles long and up to 1/2 mile wide. It killed 21 and injured 463. Total damage was $100 million.
    2002 - "Harry Potter & the Chamber of Secrets" movie opens in the US.
    2005 - After months of deadlock, leaders of Major League Baseball and the players union reach an agreement to clean up a performance-enhancing drug scandal that has tarnished the nation's pastime and left lawmakers worried about young athletes imitating the wrong role models. It will require baseball players to submit to several drug tests each year, during and between seasons, and will impose lengthy suspensions for steroid and amphetamine use. Repeat offenders can be banned for life. The agreement, which must be ratified by both the players and baseball owners, is similar to a proposal offered earlier this year by Commissioner Bud Selig…and this was BEFORE the Mitchell Report was released in 2007.
    2007 – Barry Bonds was arraigned on five counts of perjury and obstruction of justice for his involvement in the federal investigation of BALCO.
    2010 - The U.S. announces it will provide an additional $500 million to aid Pakistan to help rebuilding efforts after major floods ravaged the country.
    2011 - New York's Police Department clears Occupy Wall Street protesters from Zucotti Park, the public space they have occupied to stage their protest



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- Timeline Guess SB 1235 Rate Disclosures
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of Chief Financial Officer W. Taylor Kamp
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    Reports Equipment Leasing and Finance Association
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    Ascentium, Balboa, Univest, et al
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    Moving to Tempe, Arizona
- Paul J. Menzel – CLFP for 28 years
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- Embraces FinTech with CapitalStream
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   in California as Two Bills Move Along in the Process
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   Goodbye “Lease Consultant” Title
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    A Disturbing New Trend in Fraud
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    Selected by Finance & Commerce
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