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About the Company: At Dell Financial Services, we aspire to fuel your potential with the kind of challenging opportunities and hands-on support you need to grow. We're the exclusive provider of leasing and finance services for Dell technology systems worldwide. |
Monday, November 8, 2004
Headlines---
Classified Ads—Outsourcing-Odds and Ends
Archives—November 8, 2000---Various News
Economic Events This Week
Monitor in the Dumpster
Weekly Bulletin Board Complaint Report
November 9 "Reality Check”
Huntington Expanding into Florida Market
Cypress Financial expands Acquisitions Team
AEGON sells TRANSAMERICA FINANCE Corporation's
Classified Ads---Help Wanted
News Briefs--
Sports Briefs---
California Nuts Brief---
"Gimme that Wine"
This Day in American History
American Football Poem
######## surrounding the article denotes it is a “press release”
 |
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Classified Ads—Outsourcing-Odds and Ends
Software: Edmonds, WA
Preferred Broker Solutions offers software support (also custom templates & reports) for the System 1 and CapitalStream Advantage products. Ask about our Web Application interface.
E-mail: support@pbs4u.com
Legal: http://www.leaselawyer.com/
"I enjoy brainstorming about all aspects of leasing. I'll be back to you within 24 hours of your call or e-mail!" Barry S. Marks, Esq.
E-mail: poetbarry@aol.com
Legal: Los Angeles, CA.
Challenge me with your legal question about leasing. No charge for a "free" consultation. Richard Wagner, Esq.
www.wzlawyers.com .
E-mail: rwagner@wzlawyers.com
Trainer: Atlanta, GA
Able to provide training to dealers on financial merchandising as well as provide asset management service
E- mail: kingcole@mindspring.com
Trainer: Sausalito, CA
Lease trainer and consultant. 38 years in equipment leasing. Expert in transaction analysis, financial statement analysis, credit, packaging, structuring. Presents highly popular classes and workshops.
E-mail: BoTei@aol.com
Syndicator: Overland Park, KS.
Top Syndicator from single deal to portfolios. 20+ yrs exp. Available for contract work or full time position. Nationwide contacts.
E-mail: FFLLeasing@aol.com
All Classified “Outsourcing” here:
http://64.125.68.90/LeasingNews/JobPostingsOutsourcing.htm
Jobs wanted here:
http://64.125.68.90/LeasingNews/JobPostings.htm
-------------------------------------------------------------------------------
Archives—November 8, 2000---Various News
Financial Pacific to Close Affinity ---first of December.
Ted Brownigg is calling all brokers who send business to Affinity to let them know the 18 month try at this type of business was not for Financial Pacific. The margins were not there and it was a step away from their niche in the market place. A formal press release will be sent out soon.
Ted had asked me to hold this as he was calling on his brokers and people they are doing business with...but if the news started to hit the streets, I told him I could no longer hold the news. Ted was intending to call all his people first and not for you to learn from Leasing News.
The news is on the streets, and a more formal announcement will be coming from Affinity.
Joe Bonanno's Profound Comments
With all of the problems today in the industry, I think people need to hear about what allegedly happened at First Sierra and learn the lesson from it Presuming and not assuming (note the difference) that Charlie Lester's account is correct, the only surprise in the fall of First Sierra was that it lasted as long as it did. I only hope that people can learn from this, not use 20/20 hindsight to be unconstructively critical (what difference does it make now, First Sierra as the industry knew it is history) and that this industry will move forward and that people in the industry, brokers and funders alike, must use their best efforts to be certain that something like that never ever happens again.
Joe Bonanno, NAELB Legal Counsel
attyjgb@aol.com>
Mark Speros : TO MY FRIENDS IN AND OUT OF THE LEASING INDUSTRY
Unicapital has, in it's infinite wisdom, decided to close the office of BSB Leasing, effective at 9:00 AM today. Some of the employees are being put on "Administrative Lease" (with pay) for a limited (unknown) time. Five of us (yours truly included) are being FIRED (why they chose to use that term rather than "laid off" or some other term without the negative connotation I don't know) effective today. I hope they give ME as a reference sometime...I'll bury them. While I could probably retire (if I don't eat and just live off the fat of the land), I'd go nuts sitting around the house, so it's back into the job market for me. If someone asks if you want to "Super Size" your meal, take a close look...it could be me.
I want to thank you all for your friendship and support over the years. It truly means a lot to me, especially at this time.
Best of luck to you all.
Mark Speros
FORMER Unit Credit Manager
Unicapitall
From one of the many Unicapital Employees who read Leasing News:
Thank you for the quick updates!! I get news(what little info. we do get) from your emails before I hear anything at the office. Well, I've got to go to the 1:30 meeting, so I can get confirmation that the info. I read in your email is correct.
Have a great week!!,
Prefer to be totally anonymous
-----------------------------------------------------------------------
Economic Events This Week
November 10
Wednesday
Balance of Trade: September
Federal Budget: October
Weekly Jobless Claims
Fed Expected to Raise Rate to 2%
November 12
Friday
Inventory Sales Ratio: September
Retail Sales: October
Rancho Mirage, CA November 10-12
for more information please go here
---------------------------------------------------------------------------
Monitor in the Dumpster
We got a call one Thursday from an IT manager at a company that was moving offices. He asked us if we had many jobs the next day- an odd request early in a phone call, but we collect used computers and off-lease electronics, so we are busy all the time.
Turns out he had ‘a bunch of computers' to dispose of; could we come over- the next day- Friday. So, we made room for him and arrived the next day, after handling other clients. He walked us into a room with hundreds of computers, monitors and equipment. OK- we need to get more trucks. We need to call the other crews on this. But we have all weekend, right?
Well, no- the property lease ended that Friday night and the new client was starting to move in the next day. Well, you can't yell at a customer, so we said we'd handle it all and stay until it was done. We closed his offices at 2 AM the next day.
He mentioned why he called us- he had apparently sold some computers to employees. Lot of companies do this, since it seems to make sense as a benefit. He had done this almost a year earlier, and one day he received notice of a fine being levied against his firm. One of the monitors was found in a landfill, and the serial number was traced to his company. He knew he had sold that unit to an employee, but that didn't count- that monitor was under the company's name.
The Consumer Electronics Act of 2003 makes it a felony to dump these products in landfills. In fact, those caught in violation of the new laws are subject to fines of up to $25,000 per incident.
For a lessor running true leases, and for lessees who ‘dollar out' for ownership of assets, remember that your responsibility follows that monitor and that CPU. However you dispose of the electronic gear titled in your name, you don't want to hear about it again!
Jeff Minard
ease e-waste, Inc.
949-448-8100
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|
Your One stop solution for training and reference material for the Leasing Professional
|
Weekly Bulletin Board Complaint Report
#1 Yabba Dabba Do ---a fictitious name for this report
http://www.topthat.net/webrock/sounds/fred-f.wav
Today is the 44th day since the day of the invoice to our customer. Yabba Dabba Do still has not paid us. Since I talked to you last they were scheduling an inspection of the equipment and wanted proof that we had paid for the equipment and proof that we had an established account with “Car Rental Company.” (whom we have buying equipment from for several years) - But yet again - it changed. They did a new loan package with a different lease company because we would not accept 1/2 of the money upfront and 1/2 after it was delivered. They are charging our customer $545.00 on top on his loan to pay us in full. Something we have never had happen with any of our customers. Our customer started with Yabba Dabba Do 6 weeks ago. He was told he was pre-approved before he even started looking for equipment.
I talked to ******* the Sales Manager at Yabba Dabba Do yesterday. He said the money might go out today. That is what ****** their Controller told me 2 weeks ago. I faxed her our wire transfer information. When ***** told me the money might be mailed out today. I told him we expected a wire transfer, which he says he knew nothing about.
I called again this morning and there is no-one there to speak to live. Not even the receptionist. On the rare occasion the receptionist answers she screens the calls. Everyone has their voicemail on. ********** who was the Account Executive has not once ever returned my calls!
If you listen to their voice-over regarding while you are put on hold, they talk about how wonderful their customer service is. (Not at this location). I get the feeling it is a small office, where there is no accountability, professional courtesy or responsibility.
We have tried to get out customer to work with one of our lenders. He feels he has invested too much time and money with Yabba Dabba Do. I want to write a letter to Yabba Dabba Do Corp. Office - (when and if we get the funds) Thanks for letting me vent.
Let me know if you have any advise.
(The leasing company said they were waiting for an insurance certificate. The contractor needed to increase his policy, and then wanted to get a “competitive bid.” The problem is they did not tell this to the vendor, who had a “finance” with 25% down program. A site inspection was to be made, and then they learned the lessee did not have the equipment, nor did the dealer, but it was still at “Car Rental Company,” so this had to be approved by the funder, and in the next two weeks of conversations with all the parties, it was determined the equipment would be located not at the company headquarters, but a job they were doing in another state, so the insurance binder had to be changed, as well as the site inspection. We kept telling the vendor that the leasing company had a good reputation and this was not uncommon for a used piece of equipment, especially under all the circumstances. Twenty days after the original complaint, we received this e-mail: “ I guess I do still believe in miracles. We just got the check for $78,000. “Thank you for your intervention.”
#2 You Know Who in Florida
We received this complaint on August 5 th , 2004, and have
not written about it as it has become so complicated, now
involving the FBI and Florida attorney general, we are told.
“I was referred to you by Bob Baker of Wildwood FS Group. He strongly recommended I get in touch with you regarding the ****** in Florida.
”They are currently holding almost $100,000 of my money and I am spearheading an effort to go after them.
”I have talked to many people and done a lot of research.
”I would like to talk to you and see if you can help us with a story to get possible injured parties to contact us for a class action CRIMINAL suit.”
“ if you decide to publish our story you can call it the Indonesian thing as the funding was to fund in that country. From what I understand he likes to target the International community to stay away from US Law.”
The party named in this stated he has never heard of the person,
nor of the money, and has so many deals, he would not know which
one in Indonesia the person was talking about.
#3 $10,000
http://www.topthat.net/webrock/sounds/bamm.wav
“I have been working with a company named “Bamm Bamm”. aka “ScoobyDobeDo” who's parent company is “Capital for Everyone” out of Laguna Beach and Las Vegas, Nev. “Bamm Bamm” is in the industry of equipment leasing, and was wondering if there were any complaints about them? or any orgs I can contact to inquire about it?
“I sent in $10,000 for a business loan, and it appears to be an advanced fee scheme...the proposal was not satisfied by them, yet won't refund my money without signing a "settlement letter" that frees them of harm. It's a refund not settlement. I think they know well what they are doing and are trying to cover their bases.”
Leasing News called the company to find out their side of the story, and they said they would get back to us. We did not hear from them, but the person who sent in the complaint sent us an e-mail later
the same very day:
“Thanks for your help. I am in the process of getting the money back...they do want me to sign a settlement letter and retract my complaints,I should get the check in a couple days, and will forward this information at that time.
“I am with you for sure, its been a nightmare and a lesson learned!
“They are legit, but may be doing some shady things on the side...it appears, but I am sure they do not want the notoriety!
“Thanks again,”
http://www.chebucto.ns.ca/~ah235/dooby.wav
#4 Alert Removed
A company named in an alert asked us to investigate the
situation. Originally they would make not statement, but
when they tried to put together a $100,000 lease,the
funder found the alert on Goggle and turned thevendor
down. He stated he didn't at first believethe “alert”
meant anything.
In looking into the matter, it appears more complicated. Both the discounter and the funder have not returned with information requested. As important, the funder does not want his name printed in the bulletin board complaint forum.
Basically, the complaint centered around a transaction that was actually a “sales/leaseback” and the discounter said they were not aware of the situation. The vendor had sold a $50,000 computer system and six months later,the customer decided he would rather have the cash. The vendor had done business with the “discounter” and referred the lessee to them. The vendor told Leasing News he arranged the lease for a ten percent fee (he said that is what business brokers get.) He also stated he had completed several of these with “ a broker in Texas,” who charged ten percent. The dealer did not believe he did anything illegal, and thought such a transaction was not “unusual” in the leasing circle. He says he has completed over a dozen of these transaction in the last year. In fact, the funder found out about it when the first payment was in default and the lessee said he needed cash because a major account had defaulted on what they owed him, and that is why he entered into the lease. The parties involved claimed they were not doing anything illegal. There are other circumstances to the alert, including the relationship between the “discounter” and “funder.” Until it is cleared up, the alert is removed.
------------------------------------------------------------------------------
****Announcement**********************************
"Reality Check: Ensure Your Company's Future By
Attracting and Keeping the Best and the Brightest"
ELTnews
An informative, 90-minute web-based seminar scheduled Tuesday, November 9, 2004 beginning 2:00 pm Eastern Time will discuss the challenges facing leasing companies today in their efforts to keep their best employees and attract new talent from a younger and more diverse population. Highlights from the newly released "2004 Leasing Industry Compensation Survey" compiled by Semler Brossy Consulting Group will be included. Issues discussed include:
- How has the tightening of the job market affected compensation?
- How have regulatory pressures affected long-term compensation philosophies, such as option grants?
- What are the trends in sales force compensation today?
- How has the career path for a leasing professional changed?
- What kind of talent is most sought after in today's leasing companies, and what kinds of pressures are they facing?
- Why is it important to attract and develop talent from a younger and more diverse population and what are some companies doing about it?
- How are companies ensuring they have the top talent needed for their future?
This program is designed for all executives and managers involved in the hiring of personnel and human resource professionals working in a leasing environment. Most companies will want to include a multi-person team in this web seminar who represent these disciplines. To learn more and to register, both ELA members and non-members
are invited, please go here:
http://www.elaonline.com/Events/2004/Attract/
***** announcement *******************************
### Press Release #########################
Huntington Equipment Finance Expanding into Florida Market
COLUMBUS, Ohio – Huntington Equipment Finance, a division of Huntington National Bank, is expanding its equipment leasing and vendor financing capabilities into the Florida market with the appointment of Sales Executive, Alicia Malinowski. Huntington Equipment Finance provides growing companies with an avenue to invest in the development of their businesses through leasing of capital equipment.
“Successful growth in our Equipment Finance business, combined with the strong and continuing commitment of Huntington Bank to its local markets, created a need for local representation in Florida” said Jeffry Elliott, Vice President of Huntington Equipment Finance.
Alicia Malinowski will provide local equipment finance solutions to businesses throughout Florida as well as develop Vendor Financing Programs for companies such as manufacturers, distributors, and dealers. Huntington's Vendor Financing Programs are designed to help these companies increase sales and improve their sales cycle through customized financial solutions. “Huntington Equipment Finance believes in the importance of local decision making, and I am very pleased to have this opportunity to serve our clients in the Florida market,” added Malinowski.
Launched in late 2001, Huntington Equipment Finance has grown its assets under management to more than $350 million. Huntington Equipment Finance specializes in securing leasing options for businesses allowing them to grow with new equipment, while reducing the cash flow restraints commonly associated with capital equipment and expansion. Huntington Equipment Finance now provides equipment-financing packages to businesses throughout Indiana, Kentucky, Michigan, Ohio, West Virginia and Florida.
About Huntington Equipment Finance
Huntington Equipment Finance is a division of The Huntington National Bank, the principal subsidiary of Huntington Bancshares Incorporated (NASDAQ: HBAN), a $31 billion regional bank holding company headquartered in Columbus, Ohio.
Through its affiliated companies, Huntington has more than 138 years of serving the financial needs of its customers. Huntington provides innovative retail and commercial financial products and services through more than 300 regional banking offices in Indiana, Kentucky, Michigan, Ohio and West Virginia. Huntington also offers retail and commercial financial services online at www.huntington.com; through its technologically advanced, 24-hour telephone bank; and through its network of nearly 700 ATMs. Selected financial service activities are also conducted in other states including: Dealer Sales offices in Florida, Georgia, Tennessee, Pennsylvania and Arizona; Private Financial Group offices in Florida; and Mortgage Banking offices in Florida, Maryland and New Jersey. International banking services are made available through the headquarters office in Columbus and additional offices located in the Cayman Islands and Hong Kong.
CONTACT:
Alicia Malinowski
Huntington National Bank
Phone Number: 772-288-3822
Fax Number: 877-480-2613
E-mail: alicia.malinowski@huntington.com
### Press Release ########################
Cypress Financial expands Acquisitions Team
Steve Harwood, President of Cypress Financial Corporation, today announced that Charles R. Sellman has joined the company. In conjunction with Jim Kaylor and Rick Rockhold, Chuck will be responsible for the analysis and acquisition of transportation and industrial equipment transactions and managed operating lease programs on behalf of the Cypress Equipment Funds. Chuck has over 6 years experience in the equipment leasing industry, most recently as a founder and principal of Aperimus LLC, an advisory firm specializing in identifying and modeling the sources of risk in leasing portfolios and devising structures to reduce them. Prior to Aperimus, Chuck held various positions in leasing, finance and portfolio analysis with Bank of America Leasing and Barrington Partners. Chuck is an 8 year veteran of the U.S. Navy where he was a Naval Flight Officer on the P-3 Orion aircraft. Chuck received his Bachelor's Degree in Biology from Pomona College and his Master's Degree in Business Administration from Columbia University.
Cypress was founded in 1985 and is a privately owned company, headquartered in San Francisco. Cypress specializes in purchasing secondary market equipment leasing transactions from institutional lessors. Acquisitions are made on behalf of Cypress managed investment programs and for Cypress' own account.
Sites of Reference:
http://www.cypressleasing.com
CONTACT:
Charles Sellman
Cypress Financial Corp.
Phone Number: 415-281-3033
E-mail: csellman@cypressleasing.com
### Press Release###########################
AEGON sells TRANSAMERICA FINANCE Corporation's
The Hague, - AEGON N.V. announced that its subsidiary Transamerica Finance Corporation (TFC) has sold TFC's maritime container leasing business to TAL International Group, Inc. for a purchase price of USD 1.2 billion. AEGON will provide interim financing of USD 275 million, which will be repaid within one year of closing. AEGON will use the net proceeds to redeem debt.
The maritime container leasing activities represent approximately USD 1.1 billion in assets. As previously announced, TFC is in negotiations to sell its European trailer leasing business. Both transactions will have no meaningful effect on shareholders' equity.
The Transamerica maritime container leasing business was acquired in 1999 as part of AEGON N.V.'s acquisition of Transamerica Corporation. The disposal is consistent with AEGON's strategy to focus on its core business of life insurance, pensions, savings and investment products.
AEGON sold TFC's real estate tax and flood companies to First American Corporation in 2003 and in January 2004 it completed the sale of most of TFC's commercial finance operations to GE Commercial Finance.
TAL International Group, Inc. is a newly formed company controlled by The Jordan Company, LP, a New York based private equity firm. Investors in TAL International Group, Inc. include Klesch & Company Limited, a UK based investor. Forward-looking statements
Analysts & Investors +31 (0)70 344 83 05
Media +31 (0)70 344 83 44
Email:gca-ir@aegon.nl
Baltimore, the United States
Analysts & Investors
(877) 548-9668 (toll free) / (410) 576-4577
Media (410) 576-4526
Email:ir@aegonusa.com
Website: www.aegon.com
This information is provided by RNS
The company news service from the London Stock Exchange
### Press Release #########################
Classified Ads---Help Wanted
Account Representative
BALTIMORE-BASED ACCOUNT REPRESENTATIVE - In this position, you will develop and maintain relationships with lease brokers, leasing companies, equipment vendors and direct leases throughout Maryland and Virginia. Must be knowledgeable in indirect/third party transactions ranging $15K and up. |
About the Company: At Dell Financial Services, we aspire to fuel your potential with the kind of challenging opportunities and hands-on support you need to grow. We're the exclusive provider of leasing and finance services for Dell technology systems worldwide. |
Brokers
|
About the company: SCL has been in business for 12 years. We are contracted with multiple funding sources which enables us to provide more competitive rates and flexible terms and conditions. |
National Account Manager
Trinity Capital, a subsidiary of Bank of the West, is a national leader in the equipment financing industry with a consistent presence and superior reputation. |
Senior Underwritter
|
Vendor Account Executive
About the Company: Lease Corporation of America is a well established, 16 year old, national equipment leasing company. |
Wednesday by a quarter point, to 2 percent
http://www.nytimes.com/2004/11/08/business/08fed.html?oref=login
http://www.usatoday.com/money/economy/fed/2004-11-07-fed_x.htm
--------------------------------------------------------------------------
Sports Briefs----
Pittsburgh: Where the Unbeaten Go to Die
http://www.nytimes.com/2004/11/08/sports/football/08steelers.html
Rams extend their bye week
http://www.stltoday.com/stltoday/sports/stories.nsf/rams/story/
3DD860B1AE024A7A86256F46001E7FD5?OpenDocument&
Headline=Rams+extend+their+bye+week
Chargers make it look easy
http://www.signonsandiego.com/sports/chargers/
20041107-1622-fbn-saints-chargers.html
Running Back Throws for TD As Redskins Win Third Game
http://www.washingtonpost.com/wp-dyn/articles/A31923-2004Nov7.html
No arguing this point: 49ers lose
Bickering takes backseat to miscues as Seahawks sweep
http://sfgate.com/cgi-bin/article.cgi?file=/c/a/2004/11/08/49ERS.TMP
Road finally gets easier for Raiders Streak ends at Carolina, but just how good of a win is it?
http://sfgate.com/cgi-bin/article.cgi?file=/c/a/2004/11/08/RAIDERS.TMP
Browns botch last-second rally vs. Ravens
http://www.usatoday.com/sports/football/games/
2004-11-07-ravens-browns_x.htm
BILLS 22, JETS 17
'Elite' Jets Left Twisting in Wind
http://www.nytimes.com/2004/11/08/sports/football/08jets.html
AFL Briefs
http://www.usatoday.com/sports/baseball/al/briefs.htm
NFL Briefs
http://www.usatoday.com/sports/baseball/nl/briefs.htm
California Nuts Briefs
Governor eager to expand commerce between California and Japan
“Gimme that Wine”
erobertparker.com
http://www.azcentral.com/home/wine/articles/1105parker05.html
Take the Vaider Wine Quiz
http://www.viader.com/QuizPortal/QuizPortal.htm
This Day in American History
1519- After landing on the Yucatan peninsula in April, Spaniard Hernan Cortés and his troops marched into the interior of Mexico to the Aztec capital and took the Aztec emperor Montezuma hostage. Going against the governor's orders, he took 800 Spaniards on eleven ships, landing on what is now Vera Cruz on the east coast of Mexico., Marching to meet the Aztecs, he persuaded thousands of Indians to join his forces. He had horses, muskets, pistols, steel swords, and armor. The Indians thought he was from God, or maybe he was God. His military triumphs led to 300 years of Spanish domination of Mexico and Central America. He brought horses to our continent (more on that when we write about Coronado ) and his troops were the first to “invade” what is now the United States, actually exploring parts of what we now call New Mexico. In one village, after an uprising against their visit, he cut off the right foot of every male adult so they would not attach them again.
1775- Mail franking privilege allowing free use of the mail was granted to members of Congress and private soldiers in service. Regulations of January 9, 1776, provided that soldiers' mail was to be franked by the officer in charge. On April 3, 1800, free franking of mail during her natural life was granted to Martha Washington.
1837- The first college for women in the United States was founded as Mt. Holyoke Seminary in South Hadley, Massachusetts. While many colleges for women became coeducational institutions in the 1970's and 1980s, Mt. Holyoke remains a women's college.
1861-The Trent Affair. The United States almost went to war over the capture of a British ship supposedly bringing supplies to the confederacy.
http://memory.loc.gov/ammem/today/nov08.html
1870 - The first storm warning was issued by the U.S. Signal Corps Weather Service
1883 – Birthday of painter Charles Demuth (1883-1935)
http://www.artchive.com/artchive/D/demuth.html
http://www.artcyclopedia.com/artists/demuth_charles.html
http://www.demuth.org/
1884 - Samuel Sidney McClure established McClure's Syndicate in New York City, the first newspaper syndicate.
1887- Gas lighting brought many fires the end of this century. Though Boston had experienced several damaging fires, the worst one started on this Saturday evening in a dry-goods warehouse. Spreading rapidly in windy weather, it devastated several blocks of the business district, destroying nearly 800 buildings. Damage was estimated at more than $75 million. It was said that the fire caused a bright red glare in the sky that could be seen from nearly 100 miles away. The Boston fire came one year, one month and one day after the Great Chicago Fire of Oct 8, 1871.
1889 - Montana became the 41st state in the United States. Helena is the capital of Montana; the western meadowlark is the state bird and the bitterroot is the state flower. Of course, this has nothing to do with some of Montana's bitter history, its most notorious event: The Battle of Little Big Horn (Custer's Last Stand).
1889 --Birth of Oswald J. Smith, Canadian clergyman. Founder of the People's Church of Toronto, Smith also authored a number of books and composed more than 1,200 hymns, including "The Song of the Soul Set Free."
1900- birthday of Margaret Mitchell, American novelist who won a Pulitzer Prize (1937) for her only book, Gone with the Wind, a romantic novel about the Civil War and Reconstruction. Gone with the Wind sold about 10,000,000 copies and was translated into 30 languages. Born at Atlanta, GA, Mitchell died there after being struck by an automobile Aug 16,1949.
1900 - Theodore Dreiser's first novel, Sister Carrie, a realistic book, was published by Doubleday & Company. Worried about the immorality of the book, and suffering public pressure, the publisher pulled the book off the stands. Depressed, Dreiser was unable to write another novel for over a decade.
1904-Theodore Roosevelt was reelected president of the United Sates. Charles W. Fairbanks was elected vice president. The electoral vote was Roosevelt, 336; Alton B. Parker, Democratic candidate, 140. The popular vote was Roosevelt 7,628,834; Parker, 5,884, 401; Eugene V. Debs, Socialist candidate, 402,460; Dr. Silas C. Swallow, Prohibition Party, 259,257; Thomas E. Watson, People's Party, 114,752. The Republicans carried Missouri for the first time since the Civil War in what was the biggest election victory since 1872. They maintained a 57-33 majority over the Democrats in the senate and picked up 43 seats in the House for a 250-136 majority.
1906-Cameraman Fred A. Dobson began filming The Skyscrapers of New York atop an uncompleted skyscraper at Broadway and 12th Street, the first documentary of the changing of a metropolitan landscape due to the innovation of steel girders.
( lower half of: http://memory.loc.gov/ammem/today/nov08.html
1907-Birthday of actress Katherine Hepburn,. Academy Awards for Morning Glory (1932), Guess Who's Coming to Dinner? (1967), The Lion in Winter (1968) and On Golden Pond (1981). Nominated eight more times for her work in such movies as The Philadelphia Story (1940), and The African Queen (1951).
1927-singer Chris Connor birthday http://www.ddg.com/LIS/InfoDesignF96/Ismael/jazz/1950/Connor.html
1929 -- Museum of Modern Art (MOMA) opens, New York City.
http://www.moma.org/about_moma/
1932-Franklin D. Roosevelt was elected president of the United Sates in a Democratic landslide. John Nance Garner was elected vice president. Roosevelt carried all by seven states with 472 electoral votes to 58 for Herbert Hoover. The popular vote was Roosevelt, 22,821,857; Hoover 15,761,841. Norman Thomas, Socialist, 881,9951; William Z Foster, Communist, 102,785; Verne L. Reynolds, Socialist Labor 33,276; William D. Upshaw, Prohibition, 81,869; Jacob S. Coxey, Farmer Labor, 7309. In congressional elections the Democrats gained 13 Senate seats for a 60-35 majority. In the House the Democrats gained 90 seats for a 310-117 majority, with five seats going to minor parties.
1938-The first state legislator who was an African-American woman was Crystal Bird Fauset of Philadelphia, PA, elected to the Pennsylvania House of Representatives. Her term of office began on December 1,1938 and she was sworn in and assumed her seat on January 3, 1939. She later became Assistant Director for the Works Progress Administration in Pennsylvania and served as a race relations advisor to First Lady Eleanor Roosevelt and New York City Mayor Fiorello La Guardia. She chairperson of the Philadelphia Negro Woman's Democratic League and a member of the board of trustees of Cheyney State Teachers College and the board of directors of the Small Business Opportunities Corporation of Philadelphia. She died on March 27, 1965
http://www.afsc.org/about/hist/2003/crystal_bird_fauset.htm
1939 - Frank Sinatra had his last recording session with the Harry James Band. "Every Day of My Life" and "Ciribiribin" were recorded. If you listen to these records today, you will not be able to identify Sinatra as he sounded more a “crooner” without the phrasing or rhythm in the 1950's and forward.
1949-Birthday of Bonnie Raitt, singer, songwriter. Grammy award winner. Her mother was a pianist.
1950-The first pilot of a jet fighter to win a dogfight in the Korean War was First Lieutenant Russell John Brown of Pasadena, CA, the pilot of an Air Force F-80, who destroyed a MiG-15 over Northern Korean in jet-versus-jet combat.
1952-Maurice “Rocket” Richard of the Montereal Canadiens became the leading career goal scorer in the National Hockey League with his 325 th career goal in a 6-4 win over the Chicago Blackhawks.
1953 - Residents of New York City suffered through ten days of smog resulting in 200 deaths.
1954- Dave Brubeck makes “Mime” Magazine cover for “Take Five.” Louis Armstrong was the first jazz musician to make Time's front page in 1947.
1954 - The American League approved transferring the baseball's Philadelphia Athletics team to Kansas City, Missouri. Charles O. Finley of Chicago, Illinois would eventually tire of Kansas City and relocate the A's to Oakland, California.
1955---Top Hits
Autumn Leaves - Roger Williams
Moments to Remember - The Four Lads
I Hear You Knocking - Gale Storm
That Do Make It Nice - Eddy Arnold
1956 - Cecil B. DeMille's cinema classic, The Ten Commandments, starring Charlton Heston and Yul Brynner, premiered in New York. It later won an Oscar for Best Special Effects, and received a Best Picture nomination.
1959 - Elgin Baylor, the Minneapolis Lakers' "Big E", scored 64 points to set a National Basketball Association scoring mark. The Lakers defeated Boston
136-115.
1960 – John Fitzgerald Kennedy was elected president of the United States. Sen. Kennedy, Democrat of Massachusetts, was the second youngest man ever to win the nation's highest office. Sen. Lyndon Baines Johnson, Democrat from Texas, was elected vice president. The electoral vote was Kennedy, 303, Nixon, 219, and Senator Harry F. Byrd, 15. Kennedy won 49.7% and Nixon $49.6% of the popular vote making the election one of the closest in U.S. history. In congressional elections the Democrats took a 65-35 majority in the senate. In the House they lost 20 seats but kept a majority of 263-174.
1963---Top Hits
Sugar Shack - Jimmy Gilmer & The Fireballs
Deep Purple - Nino Tempo & April Stevens
Washington Square - The Village Stompers
Love's Gonna Live Here - Buck Owens
1963-Dick Clark's traveling Caravan of Stars opens its fall 1963 tour in Teaneck, New Jersey. The bill features Bobby Vee, Brian Hyland, the Ronettes, Little Eva and the Dovells among others.
1964 - Judy Garland and daughter, Liza Minnelli gave a joint appearance at the London Palladium. The program was shown on television in the United States, and was recorded on the LP, "Live at the London Palladium" that became a classic for Capitol Records.
1965 - The daytime soap opera, Days of Our Lives, starring MacDonald Carey as Dr. Tom Horton, premiered.
1965- “Days of Our Lives” premiered on television. This popular daytime serial, like many others, has gone through many changes throughout its run. It expanded from 30 minutes to an hour; it went to number one in the ratings and slipped to nine out of 12 in the 1980s; and it dropped or de-emphasized older characters, which angered its audience. The soap is set in Salem and centers around the Horton and Brady families. Notable cast members included Mary Frann, Joan Van Ark, Susan Oliver, Mike Farrell, Kristian Alfonso, Carry Marshall, John Aniston, Josh Taylor, Wayne Northrop, John DeLancie, Andrea Barber, Deidre Hall, Thaao Penghlis, Jason Bernard, Marilyn McCoo, Charles Shaughnessy, Peter Reckell, Francis Reid, Patsy Pease and Genie Francis.
1966- The first US Senator who was African-American to be elected by popular vote was Edward William Brooke, the attorney general of Massachusetts, who was elected by a popularity of 439,000 votes. A graduate of Howard University and Boston University Law School, the liberal Republican Brooke served in the Senate for twelve years, until he was defeated by Paul Tsongas in 1978. Brooke was instrumental in developing the legislation that would become the 1970 Housing and Urban Development Act. He now lives in Miami, Florida.
http://bioguide.congress.gov/scripts/biodisplay.pl?index=B000871
1966 - Actor and future United States President Ronald Reagan was elected governor of California.
1966 - The temperature in downtown San Francisco reached a November record of 86 degrees
1970---Tom Dempsey of the New Orleans Saints set an NFL record by kicking a 63-yard field goal to give the Saints a 19-17 victory of the Detroit Lions.
1970-im Morrison records the poetry that the other members of the Doors would set to music after his death and issue on the 1978 album, "An American Prayer."
1971---Top Hits
Gypsys, Tramps & Thieves - Cher
Theme from Shaft - Isaac Hayes
Imagine - John Lennon Plastic Ono Band
Here Comes Honey Again - Sonny James
1971-Sly & the Family Stone have huge hits with "Family Affair" and "There's a Riot Goin' On". The album's title could well describe some of Sly's concerts during this time. Much to his fans' dismay, he's a frequent no-show. Of eighty concerts booked in 1970, he canceled 26 and has ducked out of 12 of forty shows in '71.
1973-The first golfer to earn $100,000 in a contest was Miller Barber of Texas, who won the first prize of $100,000 in 144 strokes in the World Open at Pinehurst, NC, on November 8-17.
1974 -- Lt. William Calley is paroled after serving about three years in "prison" (under house arrest in his apartment) for overseeing the murder of Vietnamese civilians (possibly as high as 500 or more) at My Lai
http://www.fortunecity.com/tinpan/parton/2/mylai1.html
1978-A bizarre NBA game happened during the Philadelphia 76ers and the New Jersey Nets, when an official assessed three technical fouls against Nets coach Kevin Loughery and player Bernard King The league office ruled that the official had acted in error and ordered the game replayed. It was on March 23,1979,and Philadelphia won, 137-133. On February 7, however, the 76ers traded Ralph Simpson to New Jersey for Erick Money and Harvey Catchings. So these three wound up finishing the game on March 23 rd as members of the team they had originally opposed.
1979---Top Hits
Pop Muzik - M
Heartache Tonight - Eagles
Dim All the Lights - Donna Summer
You Decorated My Life - Kenny Rogers
1979-The Grateful Dead's "Shakedown Street" LP is released.
1983- Dale Murphy (.302, 36, 121) joins Ernie Banks, Joe Morgan and Mike Schmidt as one of the players who has won the MVP award in consecutive years. The soft-spoken Braves' outfielder receives 21 of the 24 votes cast.
1986 -a new Utah record for wind was set when a wind gust of 124 mph was recorded on 11,000 foot Hidden peak in the Snowbird area
1987---Top Hits
I Think We're Alone Now - Tiffany
Causing a Commotion - Madonna
Mony Mony "Live" - Billy Idol
Am I Blue - George Strait
1988-George Bush was elected president of the United States, carrying 40 states. He defeated Governor Michael Dukakis of Massachusetts, the Democratic candidate. The electoral vote was Bush, 426, Dukakis 112. The popular vote was Bush, 47,917,341, Dukakis, 41,013,030. In congressional elections the Democrats gained one Senate seat for a 55-45 majority; in the House they gained 3 seats for a 260-175 majority.
1990- the Gender Gap at the voting booth succeeded in electing Ann Richards as Texas Governor (with 61% of the women's vote) and Barbara Roberts as Oregon Governor with 30% more of the women's vote than her opponent got. Sharon Pratt Dixon was elected the first black woman to head the Washington, D.C. government. Joan Finney who opposed abortion was elected governor of Kansas. Of 85 women who ran for statewide offices, 57 won... all with significant Gender Gap margins...
1991- The new Carol Burnette Show premieres on CBS-TV Her first run on TV lasted from September 11, 1967 - March 29, 1978. My good friend Warren Luening played lead trumpet for her TV show and toured with her. He said he enjoyed every minute as she was a wonderful person to work for and always thoughtful of those around her. What you saw on TV was the way she really was in life, he commented.
http://www.tvtome.com/tvtome/servlet/PersonDetail/personid-1025
http://timvp.com/carolb.html
http://us.imdb.com/title/tt0302389/
1991 -the first week of November ended in Iowa with the average temperature for the state of 18.3 degrees, a full 24.7 degrees below normal. Easily this was the coldest first week of November ever.
1993 - Microsoft Windows for Workgroups 3.11 was released. The operating system boasted improved support for NetWare and Windows NT, and slipped in numerous architectural changes to improve performance and stability (changes that later found their way into Windows 95).
1994---Top Hits
I ll Make Love To You- Boyz II Men
All I Wanna Do- Sheryl Crow
Another Night- Real McCoy
Here Comes The Hotstepper (From "Ready To Wear")- Ini Kamoze
Man in the Glass
( The poem Bill Parcells reads to his players on Monday ) When you get what you want in your struggle for self
Some people may think you're a straight-shootin' chum He's the fellow to please, never mind all the rest You may fool the whole world down the pathway of life |
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