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Is seeking Account Executives ready to roll up their sleeves in establishing strategic financing alliances with select vendors and manufactures in healthcare, industrial and technology market place segments. Proven track record of success in equipment financing a must. Specific industry and collateral experience is a plus. Hiring now in major markets throughout the country. Email your resume to eokeeffe@ifccredit.com

About the Company: IFC Credit Corporation is a fast growing, national equipment finance company providing a broad range of financing solutions to small business and middle-market clients. IFC offers equipment financing and leasing, customer finance programs for equipment vendors, and venture leasing services to emerging growth companies. The company is headquartered in the Chicago suburb of Morton Grove, Illinois.

 
 

 

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 Headlines---

 

Classified Ads---Asset Management

    ELA Says New Biz Grew Almost 16% in 3rd Quarter

        Jerry Newell, CLP, Named EVP at Bank of the West

            Leasing Licenses and Statutes

                Looking for "Sharp" Entry Level Leasing Person in L.A.

                    "Don't Ever Give Up" Placard

                Monday November 17th Fresno,Calif. Class

            News Briefs---

        Sports Briefs---

    California News Briefs---

"Gimme that Wine"

    This Day in American History

 

 

 

This Border ##### Denotes Press Release (Not Written By Leasing News)

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Classified Ads---Asset Management

 

Asset Management: Austin, TX. 20+ years exper. lease/finance. P & L responsibility, strong credit & collection management, re- marketing& accounting. Computers, construction, auto & transportation. Both commercial/ consumer portfolios. Email: kmalone@austin.rr.com

 

Asset Management: Chicago, IL. MBA, 15+ years exp. Long history of success in maximizing residual position through outstanding negotiation skills & lease contract management. Third party re-marketing, forecasting etc... email:jgambla@aol.com

 

Asset Management: Oxnard-Hollywood Beach, CA.

19 Years w/Equity Analysis/Placement and Residual Forecasting of Computer Assets. Portfolio Manager for Two Major Lessors and Strong Analyst Background w/Leading Information Services Firm.

email: GregoryMLorenz@aol.com

 

for complete list of 101 jobs wanted, please go to:

 http://64.125.68.90/LeasingNews/JobPostings.htm

 

We help people find work, improve themselves, and specialize

in reaching small to mid-size leasing companies who are hiring.

To post a "free ad," please go to: http://64.125.68.90/LeasingNews/PostingForm.asp

 

 [Headlines]

________________________________________________________________________

 

ELA Says New Biz Grew Almost 16% in 3rd Quarter

 

Equipment Leasing Industry 3rd Quarter 2003 Report Shows Greater Improvement Over Previous Quarter, Previous Year

 

Industry Leaders Report 15.9 percent in new business volume compared to 3rd Quarter 2002

 

 

Arlington, Virginia - - The Equipment Leasing Association's (ELA) Third Quarter 2003 Performance Indicators Report (PIR) shows that new business volume grew at 15.9 percent when compared to the 3rd quarter 2002. Total net portfolio also increased 2.3 percent, and the economy is finally showing steady improvement. The PIR study is conducted quarterly by ELA, which provides a variety of data, including customized market analyses, to ELA members and organizations involved in the $208 billion equipment leasing industry.

 

 The survey is conducted among approximately 20 major leasing companies ( members of ELA. editor) on a quarterly basis, affording trend analysis across all major performance areas.

 

 Other 3rd QPIR Findings:

 

 The total number of employees declined 7.97 percent as companies have streamlined their staff, though at a slower rate than in the last quarter.

 

 Credit approval ratios were up 50 basis points in 2Q 2003 compared to last year.

 

 Average losses decreased 30 basis points when compared to the previous year.

 

 Lease payments past 30 days increased slightly when compared to 3Q 2002.

 

 

"Q3 performance is greatly improved over last year's third quarter, and even Q2 of this year," said Ralph Petta, Vice President of Industry Services for ELA. "Since the PIR is the best snapshot of what is happening in the industry, ELA is very encouraged that the key metrics are showing consistent improvement."

 

 

The PIR tracks the performance of prominent leasing organizations in six key areas. Because the same companies were tracked and used in the analysis, the PIR provides fairly reliable trend analysis. Each illustration reflects the data provided by those companies responding to that particular question. Typically, not every company polled responds to every question.

 

 

Media wishing to receive more information on the PIR or a copy of the associated graphs and charts (available for reprint), please contact Suzanne Jackson at 434-972-7278 or sj@FourLeafPR.com. To access this and other industry information, visit www.ELAOnline.com or call ELA at (703) 516-8380.

 

 

Financial decision makers needing more information on leasing should visit www.LeaseAssistant.org, which provides information on how to choose a leasing company, the top 10 questions to ask before signing a lease, a glossary of terms, and more.

 

Organized in 1961, the Equipment Leasing Association (ELA) is a non-profit association representing companies involved in the dynamic equipment leasing and finance industry. ELA's mission is to promote the leasing industry as a major source of funds for capital investment in the United States and abroad. Headquartered in Arlington, Va., ELA has more than 800 member companies and a staff of 27 professionals. Equipment leasing is projected to be a $208 billion industry in 2003. Visit ELA online at http://www.elaonline.com.

 

 

Participants in the 3rd quarter 2003

Performance Indicators Report

 

 

 

ADP Credit Corporation

Amsouth Leasing Corporation

Caterpillar Financial Services Corporation

Computer Sales International, Inc.

De Lage Landen Financial Services

Farm Credit Leasing Services Corporation

Fleet Capital Leasing

GreatAmerica Leasing

Hitachi Credit America Corporation

John Deere Credit Corporation

JP Morgan Leasing Inc.

Key Equipment Finance

LaSalle National Leasing Corporation

U.S. Bancorp Leasing & Financial

Verizon Credit, Inc

Wells Fargo Equipment Finance

 

[Headlines]

 

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

 

Sales: Established, reputable, lessor seeking a successful, ethical, small ticket sales professional to establish telecom dealer relationship in our East Territory.
Email: HR@galc.com

 
 

 

 

 

[Headlines]

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

 

Jerry Newell, CLP, Named EVP at Bank of the West

 

http://two.leasingnews.org/SoundBits/Cartoons/YABBA.WAV

 

 (send congratulations to jnewell@bankofthewest.com)

 

Jerry Newell, CLP, has been promoted to executive vice president at San Francisco-based Bank of the West (www.bankofthewest.com).

 

Newell is the head of the $28 billion asset bank's Equipment Leasing Department, which serves businesses via the bank's nearly 300 branches and through brokers and vendors across the U.S.

 

Newell, who started with the bank in 1987, has been with the Equipment Leasing Department for over nine years. Under Newell's management, the department has grown from $30 million in lease assets in 1994 to $650 million as of September 30, 2003. Newell oversees three equipment leasing business lines at Bank of the West: indirect leasing nationwide, direct leasing within the bank's Western states footprint, and nationwide vendor leasing through subsidiary Trinity Capital Corporation.

 

He is active in several leasing associations, serving as director of the United Association

of Equipment Leasing.

 

Prior to his promotion, Newell was senior vice president, a position held since 1998.

 

Newell previous banking experience includes corporate lending positions with Lloyds Bank California and Sanwa Bank California.

 

About Bank of the West:

 

Bank of the West was founded in 1874 and now serves the personal and business banking needs of customers in California, Oregon, New Mexico, Nevada, Washington and Idaho. Website is http://www.bankofthewest.com

October 15,2003, BancWest Corporation, parent company of Bank of the West and First Hawaiian Bank, today reported net income of $112.2 million for the third quarter of 2003, up 15.6% from the same quarter of 2002.

The third-ranked commercial bank headquartered in California, Bank of the West serves 1.5 million retail and commercial customers in six states, as well as through such national specialty business lines as equipment leasing, religious institution lending and SBA. lending. With nearly 300 branches in California, Oregon, Washington, Idaho, Nevada and New Mexico, $25.7 billion asset Bank of the West is a subsidiary of BancWest Corporation, a unit of Paris-based BNP Paribas, France's largest listed bank.

 

[Headlines]

 

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

 

Leasing Licenses and Statutes

 

“It seems like we've beaten this subject to death lately but apparently it

has a life of its own. I've spent more time with the CFLL issue then I care

to admit.

 

“If you are only offering "True Leases" (and they must be true leases) then

a license is not required. If however, even though your lease documents may

refer to your lease as a Statutory Finance Lease under Article 2A, if your

transaction can possibly be construed to be a "loan", then you better have

the license if you are "negotiating or performing any act as broker in

connection with loans made by a finance lender". California Financial Code,

Section 22000-22780 explains in detail the requirements, definitions,

penalties and process for applying for the license.

While it is true that

 

. From everything I've read it seems that the majority of attorneys recommend getting this license if only to avoid serious potential penalties. To me it seems like cheap insurance. As a California Community Bank that has recently started offering a

non-recourse discount Broker program for $1.00 out and guaranteed PUTs, it

has been determined by our Bank that the Brokers we accept, "must" have a

license or be in the process of getting it.”

 

Bob Robichaud

Asst. Vice President and

Lease Financing Officer

PFF Bank & Trust

909-481-3076

Bob.Robichaud@pffb.com

 

 

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“Kit, it's stated in today's newsletter "here's a list of the licenses

required in each state that we have gathered so far" but I could not

find the information. I'm convinced about California's requirements but

I would be interested to know more about all the other states.”

 

Jim Lahti

jrl@acsitx.com

 

 

 

(Thank you for bringing this to my attention. It was late and I wrote this piece early and overlooked it. It was from our Nov. 11 edition, and also is in our Top Stories:

 

http://www.leasingnews.org/Conscious-Top%20Stories/Loan_Lease_Statue.htm

 

[Headlines]

 

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Looking for “Sharp” Entry Level Leasing Person in L.A.

 

I was hoping you might know of a sharp, entry-level leasing person in Los

Angeles for a Leasing Manager for small ticket captive.

It will take an "on the street, not in your seat" sales person who is

breaking into leasing and is looking to break into a captive.

The salary is in only the high 40's but there is a bonus and the benefits

are great, big captive, do you know anyone that would fit this? They would

only need to have an understanding of leasing, because they prefer someone

who has high energy and a strong work ethic over a "number cruncher"

anyone come to mind?

 

 

 

Regards,

 

 

Fred St Laurent

Managing Director

TheBlassGroup

1303 Hightower Trail, Suite 150

Atlanta, GA 30350

office: 770.668.0000 x14

fax: 202-318-4279

fred@theblassgroup.com

http://www.theblassgroup.com

 

[Headlines

 

 

Don’t Ever Give Up” Placard

 

 

http://two.leasingnews.org/cartoons/placard01.jpg

 

[Headlines

 

 

 

 >>>>>>>>>Please send to a colleague and ask them to subscribe. We are trying to build up our readership. Help support “Leasing News.”<<<<<<<<

 

 


Stable funding source seeks experienced leasing representative; book of business required; remote office capability; send resume to jobs@balboacapital.com and reference leasingnews in subject line.

 

 

 

 

      

Monday November 17th Fresno, Calif. Class

 

 

Dear Ladies and Gentlemen:

 

   I want to remind you this class is coming quickly. If you have

signed up, please ignore this interruption of your life. If you haven't

signed up please read on. Next Monday, November 17, 2003 the class will be

held at the Ramada Inn on East Shaw Avenue in Fresno, CA. Bob Teichman (Bob

I spelled it right this time) will be training those in attendance on how to

read and interpret financial statements. This is a one day course so it

will cover the main points of financial statement analysis. If you or if

you know of some one who would like to take this class contact Bob at (415)

331-6445 or e-mail him at botei@aol.com. The class will go from 9 am to 4

pm. You are responsible for lunch. The cost $245 for fist person for a

company and each additional person from the same company $225. You can pre

register by sending your check to Bob Teichman at 3030 Bridgeway, Suite 213,

Sausalito, CA 94965. Registrations will be taken at the door on a space

available basis. There is room for 25 students of which less than half are

available.

 

Archie W. Julian

juliana@exchangebank.com

 

[Headlines

 

 

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Seeks experienced small ticket B2B leasing sales professionals in the western U.S. Very generous commission sharing with salary draw and benefits. Resumes mworxphx@yahoo.com

 

 

 

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News Briefs---

 

Mortgage bankers able to catch their breath as applications sink

http://www.usatoday.com/money/perfi/housing/2003-11-13-mortgagea-apps_x.htm

 

Trade deficit widens in September as imports reach record high

http://www.signonsandiego.com/news/business/20031113-1451-economy.html

 

Japan's Economy Shows Strong Growth

http://www.washingtonpost.com/wp-dyn/articles/A39041-2003Nov14.html

 

Ban on Internet access taxes in peril/ Governments seek billions in revenue

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2003/11/14/
INTERNETTAX.TMP

 

Fleet deal puts bank near US market share cap
http://www.boston.com/business/globe/articles/2003/11/13/fleet_
deal_puts_bank_near_us_market_share_cap/

 

Massachusetts, Minnesota, Virginia, New Jersey, Colorado, Connecticut, Pennsylvania and Utah Lead in Economic Development—Georgia was “Average”

http://www.ajc.com/business/content/business/1103/14grade.html

 

IBM Claims New Supercomputer As Fastest

http://www.washingtonpost.com/wp-dyn/articles/A38886-2003Nov14.html

 

Most Mailed Post Article: Jackie Kennedy's Spiritual Crisis
http://www.washingtonpost.com/wp-dyn/articles/A34119-2003Nov12.html?nav=E4

 

[Headlines

 

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Sports Briefs---

 

 

Report: Jets planning $1 billion stadium, return to New York

http://www.theredzone.org/news/showarticle.asp?ArticleID=602

 

NFL suspends Browns running back William Green

http://www.theredzone.org/news/showarticle.asp?ArticleID=600

 

 

Blues recover for win in OT/ Sharks lose with 14.8 left

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2003/11/14/
SHARKS.TMP

 

For 49ers, honor for Lott better late than never http://www.bayarea.com/mld/mercurynews/sports/football/nfl
/san_francisco_49ers/7251283.htm

 

[Headlines

 

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California Nuts Briefs---

 

Simple swearing-in for Schwarzenegger

http://www.bayarea.com/mld/mercurynews/7257981.htm

 

    If you get a chance tune in to any news channel on Monday, Nov. 17,

starting at 3 AM PST. We will be bring you the Schwarzenegger Inauguration, live

from the Capitol Steps in Sacramento. The actual event starts at 11 AM and

will last about 45 mins, but there will be live news feeds, before and after the

event.

    Our set up will start this Friday and go for 3 days, weather permitting.

If it rains we have to move the event to the Memorial Auditorium Sunday night

after 10 AM. We have to wait for a cheerleading competition to end, before

we move in. So let's hope it doesn't rain or we will definitely be doing an

all nighter.

    Parrish and Associates and Hartmann Studios will be providing all the

staging, lighting, sound, outdoor LED screens, a 4 camera switched video feed to

satellites for all the networks to pick up as well as feeding sound and video

to the news organizations on site. We will also provide 4000 chairs for the

audience and the most important bathrooms.

    This will be the second time we have participated in an Arnold event, the

first being the "First One Hundred Days" which took place during the campaign

in Sacramento.

    You can imagine how much this event will cost, but not to worry, the

Schwarzenegger campaign gets to pay the bill. The tax payers do not start picking

up the Governor's expenses until after the Inauguration.

 

Hope all is well with you and I look forward to seeing you soon,

 

George

 

Parrish and Associates

19523 Northampton Dr.

Saratoga, CA 95070

Phone 408 257-9963

Fax 408 257-9956

Cell 408 472-8354

Visit our Website @ www.parrishassociates.net

 

[Headlines

 

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"Gimme that Wine"

 

Digestifs — spirits traditionally consumed after a meal

http://www.nytimes.com/2003/11/12/dining/12AFTE.html

 

Deal keeps wine part of Sausalito ArtWalk

http://www.marinij.com/Stories/0,1413,234~24407~1763777,00.html

 

Early Frost Hits British Columbia, Kicking Off Ice Wine Harvest

http://www.winespectator.com/Wine/Daily/News/0,1145,2251,00.html

 

Champagne for the Holidays

http://www.nytimes.com/2003/11/12/dining/12HOLI.html

 

[Headlines

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Is seeking Account Executives ready to roll up their sleeves in establishing strategic financing alliances with select vendors and manufactures in healthcare, industrial and technology market place segments. Proven track record of success in equipment financing a must. Specific industry and collateral experience is a plus. Hiring now in major markets throughout the country. Email your resume to eokeeffe@ifccredit.com

About the Company: IFC Credit Corporation is a fast growing, national equipment finance company providing a broad range of financing solutions to small business and middle-market clients. IFC offers equipment financing and leasing, customer finance programs for equipment vendors, and venture leasing services to emerging growth companies. The company is headquartered in the Chicago suburb of Morton Grove, Illinois.

 
 

 

[Headlines

 

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This Day in American History

 

 

 

        1732-The Library Company of Philadelphia signed a contract with its first librarian. Founded by Benjamin Franklin and friends in November 1731, the library enrolled members for a fee of 40 shillings but had to wait for its books to arrive from England before beginning full operation.

         1784-Samuel Seabury, 55, was consecrated Bishop of Connecticut and Rhode Island, the first bishop of the American Protestant Episcopal Church, and the first Anglican bishop in America.

        1803 -- American author Jacob Abbott born Hallowell, Maine.Abbott wrote the first fictional series for children, introducing many of the key types and techniques of series books, popularizing the genre virtually single-handedly, and wrote some of the earliest American juveniles deserving of the term "children's literature"

http://www.readseries.com/auth-a/ab-bio.html

http://www.merrycoz.org/bib/ABBOTT.HTM

         1832 - The first horse car (a streetcar drawn by horses) was displayed in New York City. The vehicle had room for 30 people in three compartments. The new service traveled Fourth Avenue between Prince and Fourteenth Streets.

        1851 - “Call me Ishmael. Some years ago -- never mind how long precisely -- having little or no money in my purse, and nothing particular to interest me on shore, I thought I would sail about a little and see the watery part of the world...” Thus begins Herman Melville’s book "Moby-Dick; or, The Whale", which was first published in New York City by Harper & Brothers on this day. The complex, but rousing sea story tells the tale of a sea captain’s search for Moby Dick, the great white whale that had once crippled him. The story is told by sailor-narrator Ishmael. Through the pages of "Moby Dick", we meet Ishmael’s bunkmate Queequeg, a whale harpooner from Polynesia; learn everything there is to know about whaling in the nineteenth century; and, of course, about Captain Ahab and his obsession with Moby Dick.  In 1846, he published his first novel, Typee, based on his Polynesian adventures. His second book, Omoo (1847), also dealt with the South Seas. The two novels became popular, although his third, Mardi (1849), more experimental in nature, failed to catch on with the public. Melville bought a farm near Nathaniel Hawthorne's house in Massachusetts, and the two became close friends, although they later drifted apart. Melville wrote for journals and continued to publish novels. Moby Dick was coolly received, but his short stories were highly acclaimed. Putnam's Monthly published "Bartleby the Scrivener" in 1853 and "Benito Cereno" in 1855. In 1866, Melville won appointment as a customs inspector in New York, which brought him a stable income. He published several volumes of poetry. He continued to write until his death in 1891, and his last novel, Billy Budd, was not published until 1924.

        1882-Gunslinger Franklin "Buckskin" Leslie shoots the Billy "The Kid" Claiborne dead in the streets of Tombstone, Arizona. (The name of one of Aaron Copland’s work, who’s birthday is today-1900)The town of Tombstone is best known today as the site of the infamous shootout at the O.K. Corral. In the 1880s, however, Tombstone was home to many gunmen who never achieved the enduring fame of Wyatt Earp or Doc Holliday. Franklin "Buckskin" Leslie was one of the most notorious of these largely forgotten outlaws. There are few surviving details about Leslie's early life. The first historical evidence of Leslie's life emerges in 1877, when he became a scout in Arizona. A few years later, Leslie was attracted to the moneymaking opportunities of the booming mining town of Tombstone, where he opened the Cosmopolitan Hotel in 1880. That same year he killed a man named Mike Killeen during a quarrel over Killeen's wife, and he married the woman shortly thereafter. Leslie's reputation as a cold-blooded killer brought him trouble after his drinking companion and fellow gunman John Ringo was found dead in July 1882. Some Tombstone citizens, including a young friend of Ringo's named Billy "The Kid" Claiborne, were convinced that Leslie had murdered Ringo, though they could not prove it. Probably seeking vengeance and the notoriety that would come from shooting a famous gunslinger, Claiborne unwisely decided to publicly challenge Leslie, who shot him dead. The remainder of Leslie's life was equally violent and senseless. After divorcing Killeen in 1887, he took up with a Tombstone prostitute, whom he murdered several years later during a drunken rage. Even by the loose standards of frontier law in Tombstone, the murder of an unarmed woman was unacceptable, and Leslie served nearly 10 years in prison before he was paroled in 1896. After his release, he married again and worked a variety of odd jobs around the West. He reportedly made a small fortune in the gold fields of the Klondike region before he disappeared forever from the historical record.

          1861 -- Historian Frederick Jackson Turner (The Frontier in American History) born Portage, Wisconsin.

http://www.bgsu.edu/departments/acs/1890s/turner/turner.html

http://www.pbs.org/weta/thewest/people/s_z/turner.htm

        1900- birthday of American composer Aaron Copland , born at Brooklyn, NY. Incorporating American folk music and, later, the 12-tone system, he strove to create an American music style that was both popular and artistic. He composed ballets, film scores and orchestral works including Fanfare for the Common Man (1942), Appalachian Spring (1944) (for which he won the Pulitzer Prize) and the score for The Heiress (1948) (for which he won an Oscar) and “Billy the Kid.”

 He died Dec 2, 1990, at North Tarrytown, NY.

http://memory.loc.gov/ammem/today/nov14.html

        1900-Ban Johnson, president of the minor Western League, announced his intention to upgrade its status to a major league and to change its name to the American League.

  1903- The first football game was played in the first football stadium, Harvard Stadium, Cambridge, MA. It was specifically build for football, made

of concrete and the largest steel re-enforced concrete structure in the world at the

time of construction. The stadium had a seating capacity of 40,000.

         1904-Pianist Art Hodes Birthday

http://www.amazon.com/exec/obidos/ISBN%3D0252017536/107-7460879-4591723

         1906 -- Actress Louise Brooks born Cherryvale, Kansas. She is the fourth most written about actress (in terms of major magazine articles) after Clara Bow, Joan Crawford and Colleen Moore.

http://www.pandorasbox.com/

        1917- Storyville, also known as the District, New Orleans’s red-light district, a series of honky-tonks and sporting house, was shut down by the U.S. Navy

The closing tended to drive jazz musicians out of New Orleans, up

the river, including the Original Dixieland Jass Band that opened at Reisenweber’s Restaurant in New York City. In this year, the group made the first jazz recording, including “ Tiger Rag,” “Barnyard Blues, “ Clarinet Marmalade, “: At the Jazz Band Ball, and “Reisenweber Rag.”

          1919-Birthday of Constance Frances Marie Ockleman, later known as Veronica Lake, born in Brooklyn, N.Y. Lake began appearing in films under the name Constance Keane in 1939; in 1941, she changed her name and was soon a major Hollywood draw, frequently starring opposite Alan Ladd in films like This Gun for Hire (1942), The Glass Key (1942), and The Blue Dahlia (1946). Her career took a nosedive in the late 1940s and early 1950s. She and her husband, director Andre de Toth, filed for bankruptcy. Lake stopped acting and allegedly drank heavily. In the 1960s, a reporter discovered her working at a hotel bar in New York. She later began acting again in small roles and published an autobiography in 1969. She died of hepatitis in 1973.

         1934-Birthday of pianist Ellis Marsalis, New Orleans, LA

http://www.nathanielturner.com/ellismarsalis.htm

http://www.louisianamusic.org/ELMBioandDiscog.html

        1934-Under the direction of Leopold Stokowski, who was conducting the Philadelphia Orchestra at the Academy of Music, Philadelphia, PA, the symphony No. 1, known as the Negro Folk Symphony, composed by the African-American conductor William Levi Dawson was presented.

http://www.africanpubs.com/Apps/bios/0759DawsonWilliam.asp?pic=none

        1943 -- During World War II, President Franklin D. Roosevelt, Secretary of State Cordell Hull, and all of America's top military brass, narrowly escape disaster aboard the U.S. battleship Iowa, when a live torpedo is accidentally fired at them from a U.S. destroyer. To demonstrate to the president the defensive abilities of the Iowa, the battleship launches a series of weather balloons to use as anti-aircraft targets. Men on the nearby destroyer William D. Porter, under Captain Jesse Walker, are ordered to battle stations and begin shooting down the balloons that the Iowa had missed. Better yet, a simulated torpedo firing was ordered, and the torpedo room obliged. Unfortunately, torpedoer Lawton Dawson neglected to disarm torpedo tube #3, and an armed torpedo was fired at the Iowa. The Iowa rapidly began evasive maneuvers, as all guns were turned on the Porter. Word of the firing reached Roosevelt, who asked that his wheelchair be moved to the ship's railing so that he could watch the torpedo's approach. It exploded behind the ship's massive wake. The Porter is ordered to return to Bermuda, and Captain Walker and the entire crew are arrested by a force of Marines upon docking. President

Roosevelt intervened and the ship was kidded throughout the fleet with signs

saying, “Don’t Shoot, We’re Republicans.” On 10 June 1945, the Porter's hard luck finally ran out. She was sunk by a plane which had (unintentionally) attacked underwater. A Japanese bomber almost made entirely of wood and canvas slipped through the Navy's defense. Having little in the way of metal surfaces, the plane didn't register on radar. A fully loaded kamikaze, it was headed for a ship near the Porter, but just at the last moment veered away and crashed along side the unlucky destroyer. There was a sigh of relief as the plane sunk out of sight, but then it blew up underneath the Porter, opening her hull in the worst possible location. Three hours later, after the last man was off board, the Captain jumped to the safety of a rescue vessel and the ship that almost changed world history slipped astern into 2400 feet of water. Not a single soul was lost in the sinking. After everything else that happened, it was almost as if the ship decided to let her crew off at the end.

http://bobrosssr.tripod.com/porterstory.html

         1943-Sid Luckman of the Chicago Bears became the first professional quarterback to pass for more than 400 yards in a single game, throwing for 433 yards and seven touchdowns as the Bears walloped the New York Giants, 56-7.

        1944 - An outstanding array of musicians gathered in Hollywood to record a classic. Tommy Dorsey and orchestra made "Opus No. 1", Victor record number 20-1608. Buddy Rich was the drummer in the session, Buddy DeFranco on sac and clarinet, and Nelson Riddle played trombone on the Sy Oliver arrangement.

        1944-Birthday of pianist George Cables, Brooklyn, NY.

         1945---Top Hits
It’s Been a Long, Long Time - The Harry James Orchestra (vocal: Kitty Kallen)
Till the End of Time - Perry Como
I’ll Buy that Dream - The Pied Pipers
With Tears in My Eyes - Wesley Tuttle
     1953---Top Hits
Ebb Tide - The Frank Chacksfield Orchestra
Rags to Riches - Tony Bennett
Many Times - Eddie Fisher
There Stands the Glass - Webb Pierce

        1954-Birthday of Condoleezza Rice, US National Security Adviser to President George Bush, Birmingham, AL.

        1954-Birthday of new age composer Yanni, born Yanni Chrysomalis, Kalamata,

Greece. He made a big hit of musical cd’s sold via television commercials.

http://www.homestead.com/yannigr/katsekala.html

         1957 -- Twenty underworld kingpins stage "Crime Convention" in Appalachia, New York

        1959 - The eruption of Kilauea Iki Crater (Nov 14-Dec 20, 1959) on the Big Island of Hawaii was a relatively brief event, but produced some of Kilauea’s most spectacular lava fountains of the 20th century. (The current Pu`u `O`o-Kupaianaha eruption of Kilauea began in 1983).

         1961---Top Hits
Big Bad John - Jimmy Dean
Fool #1 - Brenda Lee
Tower of Strength - Gene McDaniels
Walk on By - Leroy Van Dyke

        1964 - Gordie Howe of the Detroit Red Wings set a National Hockey League record as he scored his 627th career goal in a game against Montreal.

        1966 - Boxing’s largest indoor crowd assembled in the Houston Astrodome to see Cassius Clay defeat Cleveland Williams -- by a TKO.

        1967 - The Monkees received a gold record for "Daydream Believer".

        1967-Brave and reportedly well-liked Major General Bruno Arthur Hochmuth, commander of the 3rd Marine Division, was killed at Hue, Vietnam, when ground fire downed the helicopter in which he was a passenger. Two American pilots, an American crew chief, and a Vietnamese interpreter were also killed in the crash.

         1969- Apollo 12, a space milestone launched this date. This was the second manned lunar landing—in Ocean of Storms. First pinpoint landing. Astronauts Conrad, Bean and Gordon visited Surveyor 3 and took samples. Earth splashdown November 24.

        1969---Top Hits
Wedding Bell Blues - The 5th Dimension
Come Together - The Beatles
Baby It’s You - Smith
To See My Angel Cry - Conway Twitty
     1970-Birthday of Dana William Stubblefield, San Francisco 49ers, born, Cleves.OH.

        1972- the Dow-Jones Index of 30 major industrial stocks topped the 1,000 mark for the first time.

         1975 - "They Just Can’t Stop It (The Games People Play)" became a gold record for the Spinners. Their other hits include "Then Came You" (with Dionne Warwicke), "Could It Be I’m Falling in Love", "The Rubberband Man", "Working My Way Back to You", "Cupid", "It’s a Shame" and "I’ll Be Around" -- for Motown.

        1977---Top Hits
You Light Up My Life - Debby Boone
Boogie Nights - Heatwave
It’s Ecstasy When You Lay Down Next to Me - Barry White
More to Me - Charley Pride

        1981 - Paul ‘Bear’ Bryant tied the record of Amos Alonzo Stagg for most football wins. The Alabama Crimson Tide notched win #314 for Coach Bryant. Alabama beat Penn State, 31-16.

        1981 - For the second week in a row, Daryl Hall and John Oates owned the top spot on the pop music charts with "Private Eyes".

         1985—Top Hits
Miami Vice Theme - Jan Hammer
Head over Heels - Tears For Fears
You Belong to the City - Glenn Frey
Can’t Keep a Good Man Down – Alabama

        1986 - The U.S. Securities and Exchange Commission announced that Ivan Boesky would have to pay $100 million in fines and alleged profits to settle insider-trading charges against him. The settlement was just $6 million less than the entire S.E.C. budget for 1986. Until 1986, Ivan Boesky was one of wealthiest and most successful figures on Wall Street. But, after November 14, 1986, his name was inextricably linked with the scandal and corruption that engulfed the industry during the 1980s. After prison, Boesky divorced his wife and relocated to La Jolla, California. In contrast to Milken and others involved, Boesky has largely avoided public attention since the scandal, though he has surfaced to testify in still-unresolved legal proceedings. History is full of people who manipulated

the system such as Enron, Worldcom, Kozlowski, to just a few recent ones.

         1988- "Murphy Brown" premiered on television. The series lasted ten years. The show often blurred the lines between reality and fiction by dealing with topical issues and including real-life journalists as guests stars playing themselves. Former Vice-President Dan Quayle made a major issue about the character Murphy Brown being an un-married mother. Set in Washington, DC, starred Candice Bergen starred in the title role, as an egotistical, seasoned journalist working for the fictitious TV newsmagazine show “FYI.” Also featured were Grant Shaud as the show’s high-strung producer, Miles Silverberg (later replaced by Lily Tomlin), Faith Ford as the former Miss America, Corky Sherwood (and later Miles’ bride), Joe Regalbuto as Murphy’s neurotic friend, reporter Frank Fontana, Charles Kimbrough as “FYI”’s uptight anchorman, Jim Dial and Pat Corley as Phil, owner of the local watering hole. Colleen Dewhurst appeared as Murphy’s mother and Robert Pastorelli appeared as Eldin Bernecky, perfectionist housepainter and aspiring artist (he left the series for his own show). The show often blurred the lines between reality and fiction by dealing with topical issues and by including real-life journalists as guest stars playing themselves. The series ended with the May 31,1998 episode.

         1987 - The "Dirty Dancing" movie soundtrack was the number one album in the U.S. It was number one for a total of eighteen weeks. The remainder of the top-five that week: 2)-"Tunnel of Love" (Bruce Springsteen); 3)-"Bad" (Michael Jackson); 4)-"Whitesnake" (Whitesnake); 5)-"A Momentary Lapse of Reason" (Pink Floyd).

        1993- head coach Don Shula of the Miami Dolphins won the 325th game of his career as the Dolphins defeated the Philadelphia Eagles, 19-14. The victory moved Shula past George Halas as the “winningist” coach in NFL history. Shula concluded his coaching career in 1995 with a record of 347 wins, 173 losses and 6 ties.

         1994-Bill Gates paid $30.8 million for a sixteenth-century Leonardo da Vinci manuscript, which depicted the motion of water and the principles of the steam engine. Gates' bid tripled the existing price for similar items. Beating out Italian bidders who had pledged to bring the treasure back to its home in Italy, Gates promised to leave the manuscript on public display at least fifty percent of the time. The manuscript, last sold to the Armand Hammer Museum of Art and Cultural Center, had fetched a mere $5.6 million in 1980.

        2000 --Y2K countdown: 47 days, 2 hours, 43 minutes.
http://www.cpsr.org/program/y2k/

        2001- For the second time in his career, Seattle skipper Lou Piniella is named the American League Manager of the Year. 'Sweet Lou', the only person to appear on every ballot, guided to the Mariners to an historical 116 victories which tied 1906 Cubs as the winningest team in major league history.

 

 

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