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Monday, November 26, 2007


Classified Ads---Senior Management
    Claims Mark McQuitty-Jim Raeder in business
        Top Stories --- November 19--November 21
            Classified Ads---Help Wanted
Leasing 102 by Mr. Terry Winders, CLP
Questions for Potential Lessee-Part 1
    New Boxing Leasing Company
        ATEL Ventures Portfolio Company, Sling Media
    Credit market continues to rattle Canadian Banks
News Briefs---
    Sports Briefs---
        "Gimme that Wine"
Calendar Events
    Snapple Real Facts
        Today's Top Event in History
    This Day in American History
Football Poem
        Daily Puzzle
News on Line---Internet Newspapers
Elko, Nevada

######## surrounding the article denotes it is a “press release”


Classified Ads---Senior Management

Atlanta, GA
Strong sales and leadership skills; demonstrated with sales training and sales performance. Lead team in both regional and national operations and developed marking programs.

25+ yrs exper. management roles Chase, AT&T Capital, Heller Financial, SFS. Develop biz from “scratch to success”. Looking for challenging & pioneering job.

Northern California
CLP - Director of Customer Finance for Fortune 500 manufacturer. Program development, credit, closing, sales training, portfolio mgt.

Philadelphia, PA
27 yrs. exp. sales, ops., credit, strategy, P&L mngmet. Most recently created & executed the biz plans for 2 highly successful Bank-owned small ticket leasing subsidiaries.



Claims Mark McQuitty-Jim Raeder back in business

The site is from Bob Blanchard, North Smithfield, Rhode Island.
The site itself was in “Letters—We get eMail.”

In an attempt to resolve a complaint, Leasing News contacted Jim Raeder in early August, 2007. He was reached in Colorado, looking for a home. Mark McQuitty confirmed on the telephone in the attempt to reach Raeder, that he, McQuitty, was taking care of residuals; that CapitalWerks was basically in a winding down phase. The last few years key CapitalWerks employees had left, as reported by Leasing News, so no “red lights” went off.

Not known at the time was in August, 2007, the FBI had been wrapping up their two year investigation, and all 23 named to date have plead guilty (in part )agreeing to jail time, so basically both McQuitty and Raeder were getting ready, including Raeder having his home up for sale and most likely the plan was for his family to move back to Colorado
(as noted on a blog and reported in Leasing News on November 9, 2007: )

It should also be pointed out all of the 23 were not working together, but were involved in separate such scams. There may have been a total of ten separate companies in this latest announcement. The FBI Operation Lease Fleece may soon be naming other individuals,
working under other company names.

This site below may have been correct that Raeder-McQuitty had another company going at one time, but the parties involved are about to be sentenced, and may be headed for jail time as early as next year ( some may elect to serve sooner.) When the court cases are scheduled, Leasing News will be able to have access to public records to divulge more information.
(copy and paste into your browser)

Kit Menkin, editor

* August 7,2007:



Top Stories --- November 19--November 21

Here are the top ten stories most “opened” by readers last week:

(1) Truck lessor found guilty of stock fraud

(2) Pawnee’s $7.9 Million loss

(3) Shawn Halladay on Pawnee “Goodwill Impairment”

(4) First sentencing in CMC case

(5) Leasing 102 by Mr. Terry Winders, CLP
How good is a Lease vs. Buy Analysis?

(6) Macquarie Group/CIT Systems Leasing

(7) New Feature---GasBuddy

(8) Sales make it Happen—by Steve Chriest
“Fast Turn around Time”

(9) Story Credit List---Up-Dated

(10) Leasing Books for Christmas



Leasing Industry Help Wanted






Leasing 102

by Mr. Terry Winders, CLP

Questions You Should Ask a Potential Lessee—Part 1

When I conduct sales seminars I enjoy playing the part of the customer who has an equipment need and allowing the students to create competing companies to question me on what I want so as to create and present a proposal. Usually the questions are short and not very revealing so I decided to list some additional questions beyond the normal ones, rate, term, type of lease, and requested payment. These are questions you should be asking if you are in front of an end user. I will break them into two categories, Equipment Questions and Structuring Questions.

There will be other questions you will need to ask after receiving answers to these questions but be sure to ask them in a conversation not as an interrogator. I will listed some of the more common questions to ask, but very often the customers have reasons of their own and the discovery process to determine “what and why” is what separates the professional lease salesperson from the average order taker. The reasons customers lease are varied and complex. You need to first understand what the customer has in mind prior to beginning your sales pitch. The best sales pitch comes from no sales pitch at all but from explaining how your lease fits what the customer is trying to accomplish.

I have always had success with the Socratic selling method. This method requires you to have a series of questions to direct the conversation instead of just presenting your leasing programs. But remember to listen and evaluate the answers prior to asking just question after questions assuming you know the answers. Also sometimes it is important to rephrase the answer to make sure you understand it. This lets the customer know you are listening.

If equipment needs come up in the conversation then prior to offering a lease learn more about the opportunity. Our first tendency is to ask for an equipment description, vendors name, and how many years the customer wants to lease. Wrong! Direct your questions towards the old equipment. Questions usually asked by leasing sales persons are directed to the old equipment first to determine what as been done in the past. “Mr. Smith can you tell me if this equipment is a replacement or an addition.” If the equipment is an addition it signals an expansion of activities and helps direct your future questions on credit issues. If the equipment is a replacement then the conversation needs to discover the history of the old equipment.

“How long have you been in possession of the existing equipment” This will give you an idea on what the term of lease should be. Next: “How did you use it and will the new equipment be used in the same way?” Now you are probably asking, why ask how a forklift or a computer is going to be used when it seems obvious. The answer is that when “use” is discussed, lots of subject matter is naturally included such as location, requirements for trained operators, special maintenance, multiple use, hours of use, and many other surprising issues that may effect your residual assumptions.

On occasion, direct questions may be required to obtain complete information but if it can be obtained in conversation from leading questions the sales call is more effective. However, we all have been on sales calls where the customer is hard to question and does not think we need to know this much information, so be prepared to present the reasons for your inquiry such as: “Our Tax and Legal rules require us to determine that the term of our lease does not exceed 80% of the assets useful life and accounting requires less than 75% of the useful life”. This question signals that you know your business and are trying to offer the best deal possible. The discussion of the term based on the use of the old equipment and its current value can best be answered by presenting this fact to the customer.

Equipment Questions:

  1. Is the equipment for replacement or is it in addition?
  2. Is it new or used?
  3. Complete description of the equipment!
  4. Complete description of the equipment! (yes it is repeated because it is important)
  5. Location equipment domiciled
  6. Equipment’s purpose, or use, and term of use
  7. How many hours a week will it be used?
  8. New or current technology ( how long has it been around)
  9. Equipments anticipated useful life
  10. Cost of Equipment
  11. Breakdown on cost, soft costs, delivery, training, installation, disinstallation
  12. Date of Manufacture
  13. Name of Manufacturer
  14. Name of Vendor
  15. Who will operate the equipment
  16. Special training or license for operator
  17. Need for special maintenance or overhaul during term of lease
  18. Insurance Company/ agent
  19. Warrantees/Guarantees
  20. Vendor payment terms
  21. Any other equipment we could include in lease?

Structuring Questions:

  1. Month and year for termination
  2. How many seasons of use
  3. Need for irregular rents
  4. Cash flow irregularities
  5. Revenue recognition vs. Cash Flow
  6. Need for skips, step-up, step-down
  7. Accounting requirements, capital vs. operating
  8. Income tax position
  9. timing of maintenance
  10. Advance or Arrears payments
  11. Any requested payment amount/size of payment
  12. Type of Lease
  13. Need for purchase option/fixed or FMV
  14. Anticipated delivery date
  15. Fiscal year end
  16. Are they A AMT tax payer
  17. Possible Personal or business guarantees?
  18. Security deposit?
  19. Interim requirements
  20. Delay for first payment
  21. Day of month for payment due date
  22. Who are our competitors
  23. Return requirements
  24. Residual assumption

A professional lease salesperson is a lot more than an order taker so I will continue this discussion in the next article.

Mr. Terry Winders, CLP, has been a teacher, consultant, expert witness for the leasing industry for thirty years and can be reached at or 502-327-8666.
He invites your questions and queries.

Previous #102 Columns:



New Boxing Leasing Company

Marine Global Net

CONTAINER leasing industry veteran Robert Montague, previously of Tiphook, and James Coulson and John Evans have launched Sea Axis, a new division of truck, road trailer and swap equipment leasing company Axis Intermodal

Mr. Montague founded Tiphook and built it up to become the world’s second largest marine container leasing business in the 1990s. He left Tiphook 13 years ago and since then Montague has built up Axis Intermodal.

The new Sea Axis venture says its has one of only two global licenses to lease a brand new design of marine freight container, the SeaCell2. John Evans, who co-designed the new container and will work as a consultant for Sea Axis said: “The SeaCell2 allows for more pallets, more cubic capacity and more payload, which means that a shipment of 10,000 Euro pallets will only require 167 40ft SeaCell2 containers rather than 200 standard 40ft containers – a saving of 33 containers.”

Ships operating in the North Sea must demonstrate compliance with stringent new exhaust emission standards from 22 November 2007. The full implementation of the North Sea SOx Emission Control Area (SECA) comes one year after the entry into force of the related amendments to MARPOL Annex VI, “Regulations for the Prevention of Air Pollution from Ships”.

In a SECA, the sulphur content of fuel oil used onboard ships must not exceed 1.5% m/m. Alternatively, ships must fit an exhaust gas cleaning system.

The Baltic Sea Area has also been designated as a SOx Emission Control Area under the regulations and has been implemented and operational since 19 May 2006.


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

ATEL Ventures Portfolio Company, Sling Media, Inc., To Be Acquired by
EchoStar Communications Corporation for $380MM.

ATEL Ventures, a leading provider of secured financing to emerging growth companies, is pleased to announce that its portfolio company, Sling Media, Inc., will be acquired by EchoStar Communications Corporation (NASDAQ: DISH), the third largest direct broadcast satellite TV provider in the US.

The transaction, which is expected to close in the fourth quarter of 2007, comes on the heels of ATEL Ventures’ recent investment of $5.0 million in Sling Media, a company whose award-winning video streaming technology continues to revolutionize consumer’s digital technology experience.

Additional information about the acquisition can be found at


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

News Briefs----

Credit market continues to rattle Canadian Banks



Sports Briefs----

49ers end long skid with OT win in Arizona

Raiders hope win has lasting effect

Bears rally for OT win

Chargers come out fired up



“Gimme that Wine”

Wine and Spirits / Two names, one fine grape

St. Julian Winery Celebrates its Place in One of the Fastest Wine Growing Regions in America Orbitz Names Kalamazoo in its Top

Who Knew? Georgia's unusual grape varieties

Battle Over Retail Wine Shipping Comes to a Head in Texas,1197,4130,00.html

Changes Proposed for AVA Applications

Wine Prices by vintage
US/International Wine Events
Winery Atlas
Leasing News Wine & Spirits Page
The London International Vintners Exchange (Liv-ex) is an electronic exchange for fine wine.



Calendar Events This Day

Mongolia: Republic Day: National holiday.
Commemorates the declaration of the republic in 1924

Shopping Reminder Day

Saint feast Days



Zip code 12345 is assigned to General Electric in Schenectady, N.Y.



Today's Top Event in History

1789-President George Washington proclaimed November 26,1789 to be Thanksgiving Day. It was the first holiday by presidential proclamation. Both Houses of Congress, by their joint committee, had requested him to recommend a day of public thanksgiving and prayer, to be observed by acknowledging with grateful hearts the many and signal favors of Almighty God, especially by affording them an opportunity to peaceably establish a form of government for their safety and happiness. Those opposed said it violated the states rights to proclaim the day of Thanksgiving in their own state and it should not be a national holiday. Proclamation issued Oct 3,1789. Next proclaimed by President Lincoln in 1863 for the last Thursday in November. In 1939 President Roosevelt moved Thanksgiving to the next to last Thursday. May 10,1941, Pres. Roosevelt announced Thanksgiving would be moved forward again. to the last Thursday of November, after the two-year experiment. Roosevelt had originally moved the holiday to simulate business activity.


This Day in American History

    1775- The American Navy began using chaplains within its regular service.
    1778- British explorer Captain James Cook first discovers Maui, the islands (the Hawaiian Islands) and names them Sandwich Islands after Britain’s Earl of Sandwich. He dies in the islands with four of his men as the natives were continuing to steal fishing hooks and supplies from the ship.
    1789-President George Washington proclaimed November 26,1789 to be Thanksgiving Day. It was the first holiday by presidential proclamation. Both Houses of Congress, by their joint committee, had requested him to recommend a day of public thanksgiving and prayer, to be observed by acknowledging with grateful hearts the many and signal favors of Almighty God, especially by affording them an opportunity to peaceably establish a form of government for their safety and happiness. Those opposed said it violated the states rights to proclaim the day of Thanksgiving in their own state and it should not be a national holiday. Proclamation issued Oct 3,1789. Next proclaimed by President Lincoln in 1863 for the last Thursday in November. In 1939 President Roosevelt moved Thanksgiving to the next to last Thursday. May 10,1941, Pres. Roosevelt announced Thanksgiving would be moved forward again. to the last Thursday of November, after the two-year experiment. Roosevelt had originally moved the holiday to simulate business activity.
    1792- Sarah Moore Grimke birthday, American antislavery and women’s rights advocate along with her sister Angelina. Born at Charleston, SC, and died Dec 23, 1873, at Hyde Park, MA.
    1832-Mary Edwards Walker, birthday, American physician and women's rights leader, born at Oswego, NY. First female surgeon in US Army (Civil War). Spent four months in Confederate prison. First and only woman ever to receive Medal of Honor (Nov 11, 1865). Two years before her death, on June 3, 1916, a government review board asked that her award be revoked along with 908 others as they decided the award would be solely for those in combat.. She continued to wear it, in spite of official revocation, until her death, Feb 21, 1919, at Oswego. On June 11, 1977, the secretary of the army posthumously restored the Medal of Honor to Dr. Walker.
    1832-The first Streetcar “John Mason”, a horse-drawn conveyance designed and constructed by John Stephenson in Philadelphia, PA, was placed in service in New York City by the New York and Harlem Railway. 1832. Named for the prominent New York banker who organized the railway company, the John Mason was equipped with iron wheels and was drawn over iron rails laid in the center of the pavement. Lank O’Dell was the first driver. The car was divided into three nonconnecting compartments with 10 seats in each. The first of the three doors bore on its panel the name “New York,” the second “Yorkville,” and the third “Harlaem.” ( sic.))The fare was 12.5 cents. Tracks for the streetcar were laid along Fourth Avenue from Prince Street to 14th Street. In November 1835, a double track running north to Yorkville was completed.
    1858- Mother Mary Katharine Drexel birthday, founder of the Sisters of the Blessed Sacrament for Indians and Colored People. MKD inherited $14 million in 1880; she used her funds freely while directing her order's work, which ranged from a school for black girls in Virginia to schools for Indians in the West. In 1915 she endowed and began forming Xavier University in New Orleans, the only Catholic college for blacks in the U.S.
    1862 -- On meeting Harriet Beecher Stowe, author of Uncle Tom' Cabin, President Abraham Lincoln comments: "So this is the little lady who made the big war.”
    1863-Union General George Meade moves against General Robert E. L Lee's Army of Northern Virginia after months of inaction following the Battle of Gettysburg. Meade's troops found no weaknesses in Lee's lines, and the offensive was abandoned after only five days. This day Meade sent three corps against Lee's right flank around a small valley called Mine Run. Unfortunately for the Union, William French's Third Corps took the wrong road and did not cross the Rapidan River (just south of the Rappahannock) on time. Lee moved part of his army east to meet the threat. While French's corps wandered in the Virginia wilderness, Confederate General Edward Johnson moved to block their advance. French's men fought Johnson's at Payne's Farm; French suffered 950 men killed and wounded to Johnson's 545. The blunder cost the Union heavily. Lee's men took up strong positions along Mine Run, and Meade realized that to attack head on would be foolish. By December 1, Meade began pulling his men back across the Rappahannock River and into winter quarters. There would be no further activity between the two great armies until spring.
    1867- J.B. Sutherland of Detroit, MI received a patent on the first refrigerated railroad car. It was for an insulted car constructed with ice bunkers in each end. Air came in at the top, was passed through the ice chambers, and circulated through the car by means of gravity, controlled by the use of hanging flaps that created differences in air temperature. The first refrigerated railroad car to carry a load of fresh fruit was constructed1866 by Parker Earle of Cobden, IL, who built and shipped chests of strawberries on the Illinois Central Railroad. The chests had three lay­ers of board and were airtight and watertight. They held 100 pounds of ice and 200 quarts of strawberries, which brought $2 a quart. In 1872, Earle shipped a full carload from Anna, IL, to Chicago.
    1871—Birthday of Texas Governor Pat Neff ( he pardoned “Leadbelly,”),
anti-klu klux klan, a man ahead of his time, champion of education and
progress, McGregor, Texas.
    1883-We don’t generally “mention” the passing of a person in American History, but this is the date Sojourner Truth left Earth. A former slave who had been sold four different times, Sojourner Truth became an evangelist who argued for abolition and women’s rights. After a troubled early life, she began her evangelical career in 1843, traveling through New England until she discovered the utopian colony called the Northampton Associations of Education and Industry. It was there she was exposed to, and became an advocate for, the cause of abolition, working with Frederick Douglass, Wendell Phillips, William Lloyd Garrison and others. In 1850, she befriended Lucretia Mott, Elizabeth Cady Stanton and other feminist leaders and actively began supporting calls for women’s rights. In 1870 she attempted to petition Congress to create a “Negro state” on public lands in the west. Born at Ulster County, NY, about 1790, with the name Isabella Van Wagener, shed died November 26,1883, at Battle Creek, MI.
( lower half of: )
    1895-National Negro Medical Association founded.
( could not find current or successor organization )
    1907-Birthday of trumpeter Henry ”Hot Lips” Levine, born London, England.
    1907-Birthday of pianist Frank “ Kansas City Frank” Melrose, Sumner, IL
    1908-Birthday of Vernon “Lefty” Gomez, Baseball Hall of Fame pitcher born at Rodeo, CA., well-known San Francisco personality and restaurateur. Gomez was a star pitcher with the New York Yankees from 1930 to 1942. He won six World Series game without a defeat and was the winning pitcher in the first All-Star Game. Inducted into the Hall of Fame in 1972. Died at Greenbrae, CA, Feb 17, 1989.
    1922-Birthday of Charles Schulz, cartoonist, born at Minneapolis, MN. Created the “Peanuts” comic strip that debuted on Oct 2,1950. The strip included Charlie Brown, his sister Sally, his dog Snoopy, friends Linus and Lucy and a variety of other characters. Stricken with colon cancer, Schulz last daily strip was published Jan 3, 2000, and his last Sunday strip was published Feb 13, 2000. The strip ran in more than 2,500 newspapers in many different countries. Schulz won the Reuben Award in both 1955 and 1964 and was named International Cartoonist of the Year in 1978. Several TV specials were spin-offs of the strip including “It’s the Great Pumpkin Charlie Brown” and “You’re a Good Man Charlie Brown.” Schulz died at Santa Rosa, CA Feb 12, 2000. See also “Peanuts Debuts: Anniversary” (Oct 2).
    1925- after finishing his college football career oat the University of Illinois, Harold “ Red” Grange, perhaps the most famous player of all time, played his first game as a professional. Wearing the uniform of the Chicago Bears, Grange was held to 35 years, rushing in a 0-0 tie against the Chicago Cardinals.
    1933-Birthday of entertainer, actor, singer Robert Goulet, born Lawrence, MA.
    1933- Fifteen thousand people in San Jose, California, storm the jail where Thomas Thurmond and John Holmes are being held as suspects in the kidnapping and murder of Brooke Hart, the 22-year-old son of a local storeowner. The mob of angry citizens proceeded to lynch the accused men and then pose them for pictures. On November 9, Brooke Hart was abducted by men in a Studebaker. His family received a $40,000 ransom demand and, soon after, Hart's wallet was found on a tanker ship in a nearby bay. The investigative trail led to Holmes and Thurmond, who implicated each other in separate confessions. Both acknowledged, though, that Hart had been pistol-whipped and then thrown off the San Mateo Bridge. After Hart's body washed ashore on November 25, a vigilante mob began to form. Newspapers reported the possibility of a lynching and local radio stations broadcast the plan. Not only did Governor James Rolph reject the National Guard's offer to send assistance, he reportedly said he would pardon those involved in the lynching. On November 26, the angry mob converged at the jail and beat the guards, using a battering ram to break into the cells. Thurmond and Holmes were dragged out and hanged from large trees in a nearby park. The public seemed to welcome the gruesome act of vigilante violence. After the incident, pieces of the lynching ropes were sold to the public. Though the San Jose News declined to publish pictures of the lynching, it condoned the act in an editorial. Eighteen-year-old Anthony Cataldi bragged that he had been the leader of the mob but he was not held accountable for his participation. At Stanford University, a professor asked his students to stand and applaud the lynching. Perhaps most disturbing, Governor Rolph publicly praised the mob. "The best lesson ever given the country," said Governor Rolph. "I would like to parole all kidnappers in San Quentin to the fine, patriotic citizens of San Jose."
    1938—Birthday of singer Tina Turner, Nutbush, Tn
    1941- On this day, a Japanese fleet of six aircraft carriers, commanded by Vice Admiral Chuichi Nagumo, left Hitokapu Bay under strict radio silence. The surprise attack was Admiral Isoroku Yamamoto's idea. The Commander in Chief of the Japanese Combined Fleet had been stewing over the idea since November 1940, two months after Japan signed the Tripartite Pact that aligned them with Germany and Italy. Yamamoto's Pearl Harbor idea was inspired by two things: a prophetic book and a historic attack. The book was The Great Pacific War, written in 1925 by Hector Bywater, a British naval authority. It was a realistic account of a clash between the United States and Japan that begins with the Japanese destruction of the U.S. fleet and proceeds to the Japanese attacks on Guam and the Philippines. To Yamamoto, the book's plot almost seemed like a blueprint for war. And when the Royal Air Force attacked and successfully debilitated the Italian fleet at Taanto on November 11, 1940, Yamamoto was convinced that Bywater's fiction could become reality. He started making plans at once. Yamamoto, who studied English at Harvard University, did not underestimate the Americans. He said that if "hostilities break out between Japan and the United States, it would not be enough that we take Guam and the Philippines . . . we would have to march into Washington and dictate the terms of peace in the White House." He understood this would be virtually impossible but also believed that waiting for the Americans to strike first would be playing into U.S. strengths. Planning the Pearl Harbor attack and organizing the First Air Fleet took up much of 1941. When the fleet finally sailed on November 26, the mood was tense. The director of the First Fleet, Vice Admiral Nagumo, not only lacked experience with naval aviation but openly opposed the attack. Yamamoto sat in his flagship headquarters in Japanese waters, anxiously awaiting the results of his Pearl Harbor brainchild.
    1942- “ Casablanca” premiered. Due to the landing of the Allies in North Africa on Nov 8, the premiere and release of the film were moved up from June 1943 to Nov 26,1942, when it premiered at New York City on Thanksgiving Day. The general nationwide release followed on Jan 23, 1943, during the Roosevelt-Churchill conferences in Casablanca.
    1944-Birthday of singer Jean Terrell ( of the Supremes), Texas
    1945- Charlie Parker cuts “Billie’s Bounce,” “Now’s the Time,” “KoKo”
    1946-Birthday of football coach and Pro Football Hall of Fame tackle, Arthur “Art” Shell,
Charleston, SC.
    1949—Top Hits
Don’t Cry, Joe - The Gordon Jenkins Orchestra (vocal: Betty Brewer)
I Can Dream, Can’t I? - The Tommy Dorsey Orchestra (vocal: Jack Leonard)
A Dreamer’s Holiday - Perry Como
Slipping Around - Margaret Whiting & Jimmy Wakely
    1949- “ Twenty Question” premiered on TV. This game show was based on the old guessing game. A celebrity panel had to guess the identity of an object (at the start they were told only if it was animal, vegetable or mineral) by asking up to 20 questions. Bill Slater hosted two network versions of the show on NBC and Dumont. Jay Jackson took over when it switched from NBC to ABC. “Twenty Questions” first began on radio. Regular panelists included Fred Van Deventer, Florence Rinard, Herb Polesie and Johnny McPhee.
    1950- In some of the fiercest fighting of the Korean War, thousands of communist Chinese troops launch massive counterattacks against U.S. and Republic of Korea (ROK) troops, driving the Allied forces before them and putting an end to any thoughts for a quick or conclusive U.S. victory.
    1952-Birthday of bass player Mark Dresser, Los Angeles, CA
    1956—“The Price is Right” premiers on television. This popular show is also TV's longest-running daily game show, surviving changes in format, networks, time slots and hosts. It began in 1956 with Bill Cullen as host, Don Pardo as announcer and a fairly rigid format: four contestants had to bid on an item and the one who bid closest to the manufacturer's suggested price without going over won the item. In 1972, after a seven-year hiatus, "The Price Is Right" came back in two versions. Bob Barker was the host of the network version, which expanded to an hour and which he hosts to this day. Johnny Olsen was the announcer until his death in 1985. Rod Roddy took his place. Also on the show are attractive women who model the prizes to be won and give Bob Barker minimal assistance in setting up the price-guessing games. "Price" contestants are drawn from the studio audience. My father’s very good friend Bernie Gould was the chief writer on the show, coming up with the themes and dialogue.
    1957—Top Hits
Jailhouse Rock - Elvis Presley
You Send Me - Sam Cooke
My Special Angel - Bobby Helms
Wake Up Little Susie - The Everly Brothers
    1965—Top Hits
I Hear a Symphony - The Supremes
1-2-3 - Len Barry
Rescue Me - Fontella Bass
May the Bird of Paradise Fly Up Your Nose - "Little" Jimmy Dickens
    1968- While returning to base from another mission, Air Force 1st Lt. James P. Fleming and four other Bell UH-1F helicopter pilots get an urgent message from an Army Special Forces team pinned down by enemy fire. Although several of the other helicopters had to leave the area because of low fuel, Lieutenant Fleming and another pilot pressed on with the rescue effort. The first attempt failed because of intense ground fire, but refusing to abandon the Army green berets, Fleming managed to land and pick up the team. When he safely arrived at his base near Duc Co, it was discovered that his aircraft was nearly out of fuel. Lieutenant Fleming was later awarded the Medal of Honor for his actions.
    1968 -- O.J. Simpson is named football's Heisman Trophy winner for 1968.
A running back for the University of Southern California, amassing 3,187 yards in 18 games and 33 touchdowns in two seasons. He then played for the Buffalo Bills and San Francisco 49ers, became a sportscaster and actor. More recently obsessed with tracking down the killer of his ex-wife, presumably linked to the greens, which he now haunts.
    1969 - The Heisman Trophy was awarded to Steve Owens of Oklahoma as the nation’s outstanding college football player. Owens scored more touchdowns and gained more yardage than any previous player in collegiate history.
    1970-African-American Charles Gordone receives the Pulitizer Prize for his play, “No Place to be Somebody.” Died November 13, 1995
    1973—Top Hits
Photograph - Ringo Starr
Top of the World - Carpenters
Space Race - Billy Preston
Paper Roses - Marie Osmond
    1973 - Rose Mary Woods, U.S. President Richard Nixon’s personal secretary, told a federal court she had accidentally erased over eighteen minutes of a ‘Watergate tape’ made June 20, 1972. The recording was of a crucial conversation at an Oval-Office meeting between Nixon and Chief of Staff Bob Haldeman just three days after the Watergate break-in.
    1975- With New York City spiraling toward fiscal disaster, President Gerald Ford proposed a $2.3 billion aid package designed to address the city's "seasonal cash needs." The president's plan, passed a little less than a month later, made federal money available to New York in any of the ensuing three years. While Mayor Abraham D. Beame praised Ford's announcement, a few New Yorkers greeted the news with a Bronx cheer, grousing about the attendant tax hikes which threatened to further erode the city's private sector and drive away wealthy residents to tax havens in New Jersey. Whatever the merits of these complaints, the city, saddled with a multi-million-dollar deficit that threatened to balloon to $1.3 billion by March 1976, seemingly had little choice but to accept federal help.
    1975- Red Sox center fielder Fred Lynn (.331, 21, 105) becomes the first rookie ever to be named the league's MVP.
    1981—Top Hits 
Physical - Olivia Newton-John
Waiting for a Girl like You - Foreigner
Here I Am (Just When I Thought I was Over You) - Air Supply
All My Rowdy Friends (Have Settled Down) - Hank Williams, Jr.
    1989-Los Angeles Rams wide receiver Willie "Flipper" Anderson makes 15 catches for an NFL record 336 yards and a touchdown as the Rams rally for a 20-17 overtime victory over New Orleans.
    1989—Top Hits
Blame It on the Rain - Milli Vanilli
Love Shack - The B-52’s
(It’s J—Top Hits ust) The Way That You Love Me - Paula Abdul
Yellow Roses - Dolly Parton
    1991-The US Congress approved a bill renaming Custer Battlefield National Monument as Little Bighorn Battlefield National Monument. The bill also authorized the construction of a memorial to the Native Americans who fought and died at the battle known as Custer’s Last Stand. Introduced by then Representative Ben Nighthorse Campbell, the only Native American in Congress, the bill was signed into law by President George H.W. Bush.
    1994 - The Eagles’ "Hell Freezes Over", signaling the band’s reunion (after fourteen years), hit #1 (for two weeks) on U.S. album charts. The tracks: "Get Over It", "Love Will Keep Us Alive", "The Girl from Yesterday", "Learn to Be Still", "Tequila Sunrise", "Hotel California", "Wasted Time", "Pretty Maids All in a Row", "I Can’t Tell You Why", "New York Minute", "The Last Resort", "Take It Easy", "In the City", "Life in the Fast Lane" and "Desperado".
    1998-When Minnesota’s Randy Moss scored three receiving touchdowns of at least 50 years vs. Dallas, he became the first player to do so in an NFL game since Raymond Berry in 1960.



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