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Vendor/Dealer Leasing Professional, generous commission's package that can lead to base salary and benefits. Join a sales team that has all the right sales tools for developing a successful vendor program in many different industries.

Chris Chiappetta, Phone: 800-669-7527 ext. 1208,

National Machine Tool Financial Corp., funding vendor
programs since 1986. We offer competitive rates and a
credit staff dedicated to vendor programs.

Monday, November 2, 2009

Singer/songwriter k. d. lang (born as Kathryn Dawn Lang, now OC) born November 2, 1961 Edmonton, Alberta, Canada. While a singer in her own right, she is best known for her duets with Roy Orbison, "Crying," and Tony Bennett, on several CD's, especially the album "Wonderful World."


Attention: Inquiries about being on the EAR List
Classified Ads---Sales Manager
   Bank Beat---About the Nine Banks that Failed
      Cartoon---Customer goes to his bank
Classified Ads---Help Wanted
    Leasing News Top Stories-October 26-30
Leasing 102 by Mr. Terry Winders, CLP
    Purchase Documents
Cedar Rapids, Iowa -- Adopt a Pet
News Briefs----
Creditors Back CIT's Bankruptcy
    Retail Faces Uncertainty as CIT Enters BK
Economists expect recovery to stick; see charts
    S.C. governor signs incentive package for Boeing
You May have Missed---
   Be cautious upgrading to Windows 7
        Sports Brief---
"Gimme that Wine"
    Today's Top Event in History
        This Day in American History
      California Nuts Brief---
Baseball Poem
Daily Puzzle
        Weather, USA or specific area
Traffic Live----

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


Attention: Inquiries about being on the EAR List

In reference to the Equipment Acquisition Resources (EAR) Chapter 11 Bankruptcy, Leasing News has received several emails and telephone calls that the numbers are not correct in the top twenty list (dollar amounts and banks involved) as well as the long list of leasing company and banks to be notified. As explained in the article and to those who called, the list was not generated by Leasing News but comes from the bankruptcy court documents.

List of all creditors to be notified

It is noted there are no individual names or departments on the list, just the bank and leasing companies. Several banks told Leasing News they had not received notification. Leasing News has advised callers to have their attorney notify William Brandt using the information in the list of all creditors PDF.

The latest finds Homes Federal Savings Bank, Rochester, Minnesota who filed a $3.2 million suit against Equipment Acquisition Resources as well as Donna Malone and Sheldon Player as personal guarantors for a May 16, 2005 lease with First Premier assigned to Eagle Crest Capital Bank, Edina, Minnesota, which Home Federal Savings Bank is the successor-in-interest. The suit joins Fifth Third Bank, $10 million, Leasing One Corporation, a subsidiary of Farmers Bank & Capital Trust, $2 million suit, and ICON Capital $21,599,653, as well as interest and costs. There also is the $2 million law suit first filed by Red Oak Acquisition.

Home Federal Filing:

Past EAR stories:

((Please Click on Bulletin Board to learn more information))
(Leasing News provides this ad "gratis" as a means
to help support the growth of Lease Police)



Classified Ads---Sales Manager

Bayville, NJ
Dedicated individual seeking a account management position, 3 years leasing experience and 15+ years sales experience. Resume furnished upon request,
email Frank at .

For a full listing of all "job wanted" ads, please go to:

Other e-Mail Posting Sites:



Bank Beat---About the Nine Banks that Failed

The Federal Deposit Insurance Corporation (FDIC) estimates that the cost of the nine banks to the Deposit Insurance Fund will be a combined $2.5 billion. All banks insured by FDIC have contributed funds for this purpose. All of the deposits of nine failed banks in Arizona, California, Illinois and Texas were assumed by U.S. Bank, NA, of Minneapolis, Minnesota, who has been expanding Westward. Reportedly 20 percent of U.S. Bank's branch network will be in the California; 3,000 branches in two dozen states.

FBOP began as First Bank of Oak Park. It then changes its name to FBOP and started acquiring other banks in 1990. In 2006, First Bank of Oak Park merged with four other co-owned banks in Illinois to create Park National Bank. Prior to its closure by the FDIC, FBOP had operated banks in Illinois, California, Texas, and Arizona.

The nine banks were subsidiaries of FBOP Corporation, Oak Park, Illinois. FBOP Corporation was not closed and was not subject to the FDIC action on Friday. As of September 30, 2009, the banks had combined assets of $19.4 billion and deposits of $15.4 billion.

The nine banks taken over by US Bank had 153 offices. Whether the US Bank will keep all branches operating will be decided in the next 90 days, thereabout, is the common practice. The FDIC and U.S. Bank entered into a loss-share transaction on approximately $14.4 billion of the combined purchased assets of $18.2 billion.

FBOP's major stockholder billionaire Michael Kelly was reportedly trying to raise capital to save several of these banks. The FDIC had opened to prospective buyers to make offers for individual FBOP banks as well as for the whole company. U.S. Bancorp Vice Chairman Joseph Otting told the Los Angeles Times that U.S. Bank was able to work out an offer for all the banks because it already was committed to growing in Southern and Northern California and in Chicago.

"Cal National Bank has 68 locations and assets of over $7 billion. In 1996, FBOP Corporation acquired Torrance Bank which had one branch location in Torrance, Calif. This initial entry into the California market was quickly followed by the purchase of Topa Savings and Topa Thrift, which operated five branches in the Los Angeles area. In January 1998, these entities were joined together to become the new Cal National Bank, headquartered in the prosperous Los Angeles market. Cal National grew substantially with the acquisition of People's Bank of California in 2001 and the acquisition of Fidelity Federal Bank in 2002."

California National Bank, Los Angeles, California, founded January 2, 1998 with 68 branch offices with 726 employees, mostly in Orange County and Los Angeles County, but also a branch in three other counties as well. Tier 1 risk-based capital ratio 1.00%. Bank equity had gone from $635 million to $318 million from June 30, 2008 to June 30, 2009. Net income from $30.4 million to minus $18.4 million, charges offs $11.5 to $53 million in the same time period.

"San Diego National Bank was acquired by FBOP Corporation in early 1997. Located in San Diego's attractive downtown business district since 1981, it is a commercial bank with 28 locations and assets of over $3.3 billion. This is the largest locally managed community bank in San Diego."

San Diego National Bank, San Diego, California, founded November 12, 1981 with 28 offices with 376 employees. Tier 1 risk-based capital ratio 2.02%. Bank equity had dropped from $270 million to $122 million from June 30, 2008 to June 30, 2009. Net income from $9.9 million to a $40.7 million loss in the same period, including a $29.2 million charge off. The bank had a high concentration of construction and real estate loans as well as losses in investments with Fannie Mae and Freddie Mac.

The irony in the next closing was in the morning Park National Bank received $50 million in federal tax credits from the U.S. Treasury for use in its work to build low-income housing on the West Side, following a press conference in the morning including Timothy Geithner, the U.S. Treasury secretary, U.S. Rep. Danny Davis, U.S. Senator Roland Burris and Oak Park Village President David Pope as well as several bank executives including Park National Chairman Mike Kelly. At 6pm, the FDIC closed the bank.

Park National Bank, Chicago, Illinois, founded January 1, 1934; 32 offices with 593 employees. Tier 1 risk-based capital ratio 8.38%. Bank equity dropped from $479,999,000 to $382,659,000 from June 30, 2008 to June 30, 2009. Net income from $36 million to minus $9.9 million in the same period. Credit loss provision to net charge-offs: 138.11% with June 30, 2009 charge offs of $41.3 million.

Reportedly one of the main problems of Park National Bank was its ownership of $885 million in now worthless preferred stock in Freddie Mac and Fannie Mae, federal housing programs that were taken over last year by the FDIC.

The next two banks also have Fannie Mae and Fannie Mac Problems:

"North Houston Bank joined the FBOP Corporation in 1995 and has grown to assets totaling over $315 million. Located in northeast Houston, the bank has become one of the city's most active and innovative commercial real estate lenders."

North Houston Bank, Houston, Texas, founded May 15, 1963; two branches.62 employees. Tier 1 risk-based capital ratio 8.90% Bank equity had dropped from $44 million June 30, 2008 to $37 million June 30, 2008. Income had dropped from $3.3 million to $156,000 in the same period.

"Madisonville State Bank joined FBOP in 1993. The locally-managed bank is located in Madisonville, Texas with over $230 million in assets and is known for its active role in the community. Madisonville State Bank celebrated its 100th anniversary in July 2002."

Madisonville State Bank, Madisonville, Texas, founded February 26, 1963; one office with 40 employees. Tier 1 risk-based capital ratio 10.39%. Bank equity $26.5 million to $23.8 million from June 30, 2008 to June 30, 2009. Income dropped from $2.7 million to $989,000. Net charge offs had risen from $21,000 to $859,000 in the same period. 6% Non-current loans on the books.

"Citizens National Bank, located in Teague, Texas is a small farming community approximately 100 miles south of Dallas. Citizens was acquired in January 1995 and has grown from $23 million in assets to over $105 million."

Citizens National Bank, Teague, Texas, founded June 18, 1984; two offices with 20 employees. Tier 1 risk-based capital ratio 10.37%. Bank equity had dropped from $10,999,000 to $9,442,000 with income from $1.1 million to $569,000 from June 30, 2008 to June 30, 2009. Non-Current loans from $362,000 to $1.8 million in the same period.

Texas Banking Commissioner, Charles G. Cooper stated that the two banks experienced similar problems related to poor asset quality and insufficient liquidity. Losses resulting from the write-down of Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation) preferred stock and other investments depleted each bank's capital. These deficiencies were compounded by deterioration in the commercial loan portfolios and an over-reliance on brokered deposits.

Pacific National Bank, San Francisco California, formerly California Savings Bank that changed its name in 2007, was originally founded January 1, 1887. At the time of closing, they had 17 offices in the San Francisco Bay Area with 187 employees. Tier 1 risk-based capital ratio 5.15%. Bank equity had dropped from $236,287,000 to 176,846,000 from June 30, 2008 to June 30, 2009. Net income had gone from $4 million to minus $4.3 million in the same time period. Non-current loans guaranteed wholly or partially by the US Gov't went from $682,000 to $45.9 million with charge offs $2,000 to $7.8 million in the same time period.

Community Bank of Lemont, Lemont, Illinois, founded February 23, 2001 with one office with 21 employees. Tier 1 risk-based capital ratio 3.49%. Bank equity had gone from $6.2 million to $2.6 million from June 30, 2008 to June 30, 2009. Net income from a loss of $492,000 to a loss of $5.57 million, which came basically from a $5.57 million charge off. Community Bank of Lemont had raised $3 million in capital the previous September, but was unable to stop its relatively huge losses or attract more capital investment.

"Bank USA, FBOP's first bank in Arizona has assets of over $185 million. FBOP purchased the Phoenix-based bank in October 2002. Bank USA specializes in single family home construction and commercial construction lending."

Bank USA, N.A. Phoenix, Arizona, founded May 31, 1984 with an office in Phoenix and Scottsdale with 20 employees (down 10 employees from the previous year.) Tier 1 risk-based capital ratio 8.65%. Bank equity had gone from $24 million to $21 million from June 30, 2008 to June 20, 3009. Income down from $6.5 million to $4.6 million. Charges offs from $49,000 to $3.1 million in the same time period. Bank USA, N.A. Phoenix AZ. Perhaps if not part of FBOP Corporation, they may have survived.

The total bank failures for 2009: 115. It also doesn't look like the trend is changing. The FDIC reports the number of banks on the "trouble list" is now at 416, a leap from 305 in June. Statistically, the FDIC reports 13% of the banks on the list end up being taken over by a larger bank.

October Cease and Desist Orders:

List of Bank Failures:

Previous Bank Beat columns:





Classified Ads---Help Wanted

Vendor/Dealer Leasing Professional, generous commission's package that can lead to base salary and benefits. Join a sales team that has all the right sales tools for developing a successful vendor program in many different industries.

Chris Chiappetta, Phone: 800-669-7527 ext. 1208,

National Machine Tool Financial Corp., funding vendor
programs since 1986. We offer competitive rates and a
credit staff dedicated to vendor programs.


5 years experience with established vendor relationships. We offer great funding capacity for transactions $10k to $10MM. Quail Company's established for over 30 years. Submit resume to:

About the company: Quail Equipment Leasing 17 years in business with the ability to develop specialized programs for vendors and unique industries: $10K to $10MM.




Here are the top ten stories opened by readers:

(1) Archives----October 26, 2004
Kit Menkin on UniCapital

(2) (TIE) Correction: Van Etten in St. Louis
Correction: Bank Beat corrected on Line

(2) (TIE) Heavy Snow Hits Colorado Leasing Companies

(3) CIT CEO's Wife Is Very Angry at Obama

(4) Leasing "Flat" at TCF Financial

(5) Bank Beat---Seven Bank Failures last Friday

(6) Equipment Acquisition Resources -Busted!
by Christopher Menkin

(7) Who's Ready to Buy or Lease Equipment Machinery

(8) Bluestar Financial Group/Small Ticket Leasing

(9) Equipment Acquisition Resources Bankruptcy--Up-Date

(10) Leasing 102 by Mr. Terry Winders, CLP
Delivery and Acceptance Certificates

Extra: Not Counted for Technical Reasons
CIT Obtains Additional $4.5 Billion



Leasing 102
by Mr. Terry Winders, CLP

Purchase Documents

In order to become the owner of the asset the seller must properly transfer ownership to the purchaser (Lessor). The purpose of a purchase order is to have proof of the sale, and ownership of, the desired goods (equipment). The purchase order should identify the seller (vendor), the purchaser (Lessor), and the goods (equipment.)

Lessor should issue a Purchases Order to accomplish a series of important issues. The price of the goods and any taxes, delivery costs, or installation or any other expenses need to be clearly stated. Next the goods need to be completely described with all attachments and identifying marks, serial numbers or other forms of identification. On many occasions the lessee's desire for different attachments change while the credit procedure is conducted and if the price does not change by much, the vendor may substitute attachments making your description in error. A complete description should be followed by an inspection as soon as possible. It is not uncommon for a bill of sale to follow with the vendors invoice to evidence the transfer of ownership.

The terms of payment need to specify that the Lessor will only pay for the goods upon completion of (a) the satisfactory delivery of the complete list of goods to the lessee, (b) the complete instillation of the goods, and (3) the acceptance by the lessee that the goods are acceptable, work as described, and are evidenced by a completed and confirmed acceptance agreement.

It is a requirement of Article 2A of the Uniform Commercial Code that the Supply Contract be made available to the lessee. The supply contract is the warrantees and equipment performance guarantees provided by the vendor. The supply contract usually is for the exclusive use of the purchaser but in a lease the equipment is being used by the Lessee not the Lessor, so the seller must agree to make the supply contact available to both the Lessee and the Lessor. By including this provision as a condition for payment the seller must make the supply contract available to the lessee or not get paid.

It is also important to identify the terms of payment to the seller by the Lessor. It will take a few days to process the lease transaction upon receipt of the acceptance agreement from the lessee. It may have been sent by mail adding a few days to the time delay or it may have been faxed or E-mailed. In any event it will usually take five to ten days to complete the process so stating in the purchase order that it will be paid ten days after receipt of acceptance is important so the Vendor is aware of the delayed payment.

Sometimes additional terms can be negotiated with the vendor to delay payment; this will either lower the effective rate to the lessee or increase the yield to the lessor. It can therefore be used as a method to look cheaper to the lessee or improve the Lessor's return. Needless to say they cannot both happen at the same time it is either one or the other. This is the result of waiting thirty to sixty days to pay for the goods after acceptance. As a side note, it is the same improvement in yield, or reduction in lessee's rent, as receiving additional up front payments from the lessee.

Also it is wise to require a copy of the bill of laden or other document that shows the date that the lessee took possession of the equipment. This helps the Lessor know that the customer is in possession and the Lessee has not signed the acceptance to get the equipment paid for so the vendor will then deliver it. There is lots of case law on vendors taking payment and not delivering the equipment. Many jurisdictions will not require the Lessee to pay for nondelivered equipment in spite of signed acceptance agreements.

On occasion the vendor may put the equipment in the customer's hands for a trial period. If this is true then the vendor needs to file a UCC 1 to protect himself in the case of financial difficulties. Any asset in the hands of the customer become an asset of the customers in bankruptcy and without a lien filing the vendor could lose everything. This UCC 1 can be assigned to the Lessor upon ownership transfer with the use of a UCC 3.

Care should be taken when taking an assignment of your Lessee's previously prepared, or submitted, purchase order. The provisions discussed above need to be included to prevent becoming responsible for equipment payment that your Lessee refuses to accept.

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:

(This ad is a "trade" for the writing of this column. Opinions
contained in the column are those of Mr. Terry Winders, CLP)



Cedar Rapids, Iowa -- Adopt a Pet


"This beautiful boy is EDDIE. In the two days that we have known Eddie, his story is a terrible one! Eddie was owned by someone who was letting their child hit him with a 2 x 4! Then, as if that wasn't terrible enough, their solution to this was to put the dog to sleep to stop the problem, we couldn't believe it! We immediately stepped in and got Eddie to the safety of one of our vet clinics while we tried to find help or a home for Eddie. Eddie is approximately 6-9 months old and weighs 47 lbs. Eddie is a happy puppy and is overflowing with puppy energy. Eddie would love a family to adopt him and start getting him the exercise, guidance, and rules that he needs. Eddie is a very nice boy and we are excited to now be a part of his success story and help to find him a family that will love and cherish him and never, ever hurt him again! Eddie was living with other dogs and he got along just fine with them. He has not been exposed to cats, as the past owner felt he would overwhelm them with his energy. Eddie does like children, but we suggest children be older because of his energy level. His past owner also reports that Eddie is housetrained and very rarely has accidents. Eddie is showing us that he is a smart, happy and fun boy…and he's so handsome! Eddie is in URGENT status and needs to find a home in the next couple of days or he could be euthanized! AWF does not have a shelter and all of our foster homes are full. If you are interested in adopting Eddie, saving him and fostering him, or if you can take him into your rescue, please contact Melissa IMMEDIATELY at (319) 415-1270 or e-mail The adoption fee is on a sliding scale; $90 to $150. You decide the amount that is right for you to give. We have an all volunteer staff so your entire fee goes towards saving AWF's rescue animals. If your donation covers Eddie's medical costs, then the remainder of your donation will go towards helping save another homeless pet! To download our adoption application, please click here. Completed applications can be sent via US Mail, emailed as an attachment to the addresses listed on the form, or faxed to (319) 393-0056. No adoptions outside of a 50-mile radius of Cedar Rapids/Jones County."

Adoption Procedure
Since Jones County has no animal shelter, dogs that are picked up by the sheriff's department are held at one of several veterinary clinics. If a dog is not claimed within seven days, the dog is put down. We have given each dog a name for the purpose of identification when we receive phone inquiries. (Since they are strays, we have no way of knowing what they have been called in the past.) We understand that their new families may decide to give them a different name. That's OK with us-just as long as each dog finds a caring and responsible home!

If you are interested in meeting one of these dogs to determine if he/she is the right match for your family, please call us immediately at the number provided in the dog's bio. We have several adoption coordinators, so there is often more than one phone number listed. If you have problems with any of the phone numbers, call our main office at 563-826-2208.

Adoption Fee
Under Iowa law, a dog must be spayed/neutered and updated on vaccinations before he/she can leave the vet clinic. Any person adopting a dog will be responsible for paying the veterinary clinic that is holding the dog. The total fee will depend on which clinic is holding the dog (each clinic has its own rates) as well as the weight of the dog. However, the adoption fee will usually range from $90-$150.



News Briefs----

Creditors Back CIT's Bankruptcy

Retail Faces Uncertainty as CIT Enters Bankruptcy

USA Exclusive: Economists expect recovery to stick; see charts

S.C. governor signs incentive package for Boeing



You May have Missed---

Be cautious upgrading to Windows 7,0,709451.story



Sports Briefs----

Yankees Beat Phillies and Move One Victory Away From Winning World Series

Yankees 7, Phillies 4, Final--Play by Play

Dallas Cowboys defeat Seahawks, 38-17

Favre's 4 TD passes lead Vikings past Pack

Inside the Oakland Raiders

Oh Great -- More Cable

49ers undeterred by loss

NFL Scoreboard

Top revenge games in NFL history



California Nuts Briefs---

SF Bay Bridge to remain closed for Monday morning commute



"Gimme that Wine"

New Wine Businesses Bloom

Napa Valley: Grapes are all crushed

V. Sattui's winemaker creates 45 wines

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.



Today's Top Event in History

1783 - Gen. George Washington issued his "Farewell Address to the Army" near Princeton, N.J. By this time some 100,000 Loyalists had fled the U.S. Also known as Tories, they had suffered various penalties for their loyalty to the Crown, including confiscation of property, removal from public office, and punitive taxation. Probably no more than 10% of the colonials were Tories, who were generally well-to-do, engaged in commerce or the professions, or public officials. Many fled to Canada, some to England. Some returned after the war. Many, however, had remained behind. After the conflict many were able to recover at least some of their confiscated property. Many of those who had fought along side with the British were granted land in Canada.


This Day in American History

    1734- birthday of Daniel Boone (Boon,) American frontiersman, explorer and militia officer, born at Berks County, near Reading, PA. He is credited with the exploration and growth of Kentucky, working for the Pennsylvania Company.
February 1778, he was captured at Blue Licks, KY, by Shawnee Indians, under Chief Blackfish, who adopted Boone when he was inducted into the tribe as “Big Turtle.” Boone escaped after five months, and in 1781 was captured briefly by the British. Depsite Walt Disney’s version, he had no legal title to the lands he explored and he retired to Missouri. He experienced a series of personal and financial disasters during his life, but continued a rugged existence, hunting until his 80s. Boone died at St. Charles County, MO, Sept 26, 1820. The bodies of Daniel Boone and his wife, Rebecca, were moved to Frankfort, KY, in 1845.
What made him popular in history was his autiobiography: “ The Adventures of Colonel Daniel Boon ( that’s the way he spelled his name,) formerly a hunter, containing a narrative of the Wars of Kentucky.”
    1776-William Demont (or Dement) ,Traitor to the American cause during the Revolutionary War, who enabled the British general Sir William Howe to conquer the fort with a force of 8,900 men on November 16, 1776. They captured 2,818 American officers and men, 43 guns, and 2,800 muskets. A member of the 5th Pennsylvania Battalion, who was appointed adjutant in Colo­nel Robert Magraw’s battalion on February 29, 1776. He deserted on November 2, 1776, and notified the British of the position of Fort Washington (now a neighborhood in New York City).
    1783 - Gen. George Washington issued his "Farewell Address to the Army" near Princeton, N.J. By this time some 100,000 Loyalists had fled the U.S. Also known as Tories, they had suffered various penalties for their loyalty to the Crown, including confiscation of property, removal from public office, and punitive taxation. Probably no more than 10% of the colonials were Tories, who were generally well-to-do, engaged in commerce or the professions, or public officials. Many fled to Canada, some to England. Some returned after the war. Many, however,
had remained behind. After the conflict many were able to recover at least some of their confiscated property. Many of those who had fought along side with the British were granted land in Canada.
    1795- Birthday of James Knox Polk, the 11th president of the US was born at Mecklenburg County, NC. His term of office: Mar 4, 1845—Mar 3,1849. A compromise candidate at the 1844 Democratic Party convention, Polk was awarded the nomination on the ninth ballot. He declined to be a candidate for a second term and declared himself to be “exceedingly relieved” at the completion of his presidency. He died shortly thereafter at Nashville, TN, June 15,1849.
    1810 -a 7 inch snowfall in New York City permitted very early sleighing in the city streets.
    1820 - The Revenue cutter Louisiana captured five pirate vessels during a cruise from Florida to Cuba.
    1824-The first popular vote in a presidential election took place when 356,038 votes were cast for four candidates. This was also the first election in which the final decision was made by the House of Representatives because none of the candidates won a majority of electoral votes. Although Andrew Jackson received a greater share of both the popular and the electoral vote that the runner-up, John Quincy Adams, a deal was struck to give Adams the electoral votes of Henry Clay, another candidate. Adams thereby acquired enough votes to be declared the winner.
    1846-Donner Party crossing the Sierra stopped for the evening and were trapped by a snowstorm. Many of the party survived by eating the flesh of the dead. 40 of the 87 people in the Donner party died. They remained snowbound until February.
    1861–November 2- Captain Nathaniel Gordon becomes became the only person in U.S. history to be executed for slave-trading. He was also considered a pirate.
    1862-Mary Todd Lincoln corresponded with her husband advising him of popular sentiment against cautious General in Chief of the Federal Army George B. McClellan. Contrary to popular belief, Mary Todd was a close confident and love of Lincoln’s life. He was to let McClellan go in favor of U.S. Grant, which also led to McClellan
running as the Democratic opponent against him for president.
( lower half: )
    1865- Birthday of Warren Gamaliel Harding. Twenty-ninth president of the US was born at Corsica, OH. His term of office: Mar 4, 1 921—Aug 2,1923 (died in office). His undistinguished administration was tainted by the Teapot Dome scandal, and his sudden death while on a western speaking tour (San Francisco, CA, Aug 2,1923) prompted many rumors. He was a well-known womanizer of his time, and it was right after women were given the right to vote, and the saying
in Washington, DC, “ We gave the women the right to vote and they picked handsome Warren G. He was said to bring women into the White House, on trips, and died of heart attack that his wife was treating him for exhaustion with an electronic device they purchased in San Francisco.
    1889- North Dakota and South Dakota were admitted into the Union, the 39th and 40th states, the first time that two states simultaneously became a part of the United States. President Benjamin Harrison had a problem with admitting the two states on the same day. Which one would be first? He decided it was easier to mix up the admissions papers so no one would know and just list the states alphabetically. That’s why North Dakota is the 39th and South Dakota is the 40th of the United States of America. The Dakotas took their name from the Sioux Indian word for ’ally’, although the settlers and the Sioux weren’t always allies (Battle of Wounded Knee). Those searching for a route to the Pacific Ocean settled in South Dakota, Ft. Pierre being the first permanent white settlement. Pierre remains the capital of South Dakota. Bismarck is the capital of North Dakota. Both states are still essentially rural and agricultural. The western meadowlark and the ring-necked pheasant, the North and South Dakota state birds, respectively, still fly over the vast meadowlands. North Dakota’s flower is the wild prairie rose, while the pasque flower holds that title in South Dakota. North Dakota, home of several major air bases and intercontinental ballistic missile sites, is known as the Peace Garden State, while its more southern counterpart is called the Coyote State.
    1902- San Francisco’s China Town was amazed to see an 18-year-old petite girl give a rousing oration against the foot binding of women, their arranged marriages and forced illiteracy. Sien King King became a member of the Chinese bachelor society and continued her battle for feminism. She believed the repressive actions against women prevented the Chinese from advancing in the U.S. (and the world).
    1908-Trumpet player Bunny Berigan birthday
    1911-birthday of Johnny Richards in Schenectady, NY, jazz composer-arranger.
    1920 - Warren G. Harding was elected 29th president. He defeated James Cox.The electoral vote was Hardin, 404; James M. Cox, Democratic candidate, 127. The popular vote was Harding, 16,152,200; Cox, 9,147,353 The election campaign was primarily a referendum on the Wilson presidency and the League of Nations. Cox supported it fully, while Harding did not make his position clear. Harding supported prohibition and Cox opposed it. Cox ran a vigorous campaign, while Harding ran a mostly a front porch campaign. Cox's efforts and that of his hard campaigning Vice Presidential candidate had little effect. Ultimately, the weariness of the nation determined the election in favor of Harding, who obtained an overwhelming victory. the Republicans increased thier majorities in both houses, leasing 59-37 in the Senate and 301-131, with one minor party seat and two vacancies, in the House.
    1923-birthday of 1923. William Robert (Billy) Haughton, standard bred dri­ver and trainer born at Gloversville, NY. Haughton won nearly 4,900 races in his career. Along with Stanley Dancer, he dominated the New York trotting scene in the 1 950s and then moved on to a national career. He suf­fered severe head injuries in a three-horse accident at Yonkers Raceway and died at Valhalla, NY, July 15, 1986.
    1926-The first Senate election in which neither candidate was seated after a recount was the election in Pennsylvania. William Bauchop Wilson, a Democrat, was narrowly defeated by William Scott Vare, a Republican who presented his credentials as senator-elect fro the term beginning March 4, 1927. The Senate, on December 6, 1929, decided by a vote of 58-22 that Vare was not entitled to the seat due to charges of corruption and fraud concerning his election Governor John Stuchell Fisher, appointed Joseph Ridway Grunday, a Republican, to the vacant seat. Grundy served from December 11,1929 to December 1, 1930. He was unsuccessful for the nomination of this office after being
accused of contributing $400,000 to the former incumbent Senator Pepper, who had been defeated by Vare.
    1931-- birthday of alto saxophonist Phil Woods.
    1936-the Basie Band splits for Kansas City for points East and Worldwide fame. "Goin' to Chicago, Sorry I Can't Take You." Little Jimmy Rushing.
    1942---Birthday of Shere Hite, author and researcher. Her best known work, The Hite Report, one of the pioneer works on the realities of women's sexuality.
    1946 -a three day snowstorm began at Denver, CO. By the time it ended had dropped 31 inches of snow on the city, the second greatest snowfall ever
    1947-the mammoth flying boat Hercules, then the world’s largest airplane, was designed, built and flown (once) by Howard Hughes on this day. Its first and only flight was about one mile and at an altitude of 70 feet over Long Beach Harbor, CA. The $25 million, 200-ton plywood craft was nicknamed the “Spruce Goose.” It is now displayed near the Queen Mary at Long Beach, CA.
    1948 - When Harry S Truman went to bed this day, he was losing the election for president of the United States (to Thomas E. Dewey). "Chicago Daily Tribune" printers were out on strike and getting the newspaper to readers was no simple task. To make a long story short, the editors had to guess at the outcome of the election and picked/printed the wrong person to win. Upon arising the next morning, Truman learned he had won. On a short train stop in St. Louis, he stepped onto the back platform of the train and was presented with one of the newspapers with the infamous headline, “DEWEY DEFEATS TRUMAN”. It was at that moment that the famous photo of Truman holding up the paper was taken. When asked to comment, Truman said “This is for the books.”
    1949---Top Hits
That Lucky Old Sun - Frankie Laine
You’re Breaking My Heart - Vic Damone
I Can Dream, Can’t I? - The Tommy Dorsey Orchestra (vocal: Jack Leonard)
Slipping Around - Margaret Whiting & Jimmy Wakely
    1950---VAN WINKLE, ARCHIE---Medal of Honor
Rank and organization: Staff Sergeant, U.S. Marine Corps Reserve, Company B, 1st Battalion, 7th Marines, 1st Marine Division (Rein.). Place and date: Vicinity of Sudong, Korea, 2 November 1950. Entered service at: Arlington, Wash. Born: 17 March 1925, Juneau, Alaska. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty while serving as a platoon sergeant in Company B, in action against enemy aggressor forces. Immediately rallying the men in his area after a fanatical and numerically superior enemy force penetrated the center of the line under cover of darkness and pinned down the platoon with a devastating barrage of deadly automatic weapons and grenade fire, S/Sgt. Van Winkle boldly spearheaded a determined attack through withering fire against hostile frontal positions and, though he and all the others who charged with him were wounded, succeeded in enabling his platoon to gain the fire superiority and the opportunity to reorganize. Realizing that the left flank squad was isolated from the rest of the unit, he rushed through 40 yards of fierce enemy fire to reunite his troops despite an elbow wound which rendered 1 of his arms totally useless. Severely wounded a second time when a direct hit in the chest from a hostile hand grenade caused serious and painful wounds, he staunchly refused evacuation and continued to shout orders and words of encouragement to his depleted and battered platoon. Finally carried from his position unconscious from shock and from loss of blood, S/Sgt. Van Winkle served to inspire all who observed him to heroic efforts in successfully repulsing the enemy attack. His superb leadership, valiant fighting spirit, and unfaltering devotion to duty in the face of heavy odds reflect the highest credit upon himself and the U.S. Naval Service.
    1954-the first US Senator elected by a write-in vote was James Strom Thurmond, Democrat of South Carolina, who was elected on November 2,1954, for the term ending January 3, 1961.Thurmond received 139,106 votes, defeating Edgar Brown, the official candidate of the Democratic Party, who received 80,956 votes.
Senator Thurmond, the oldest member of the Senate, recently announced he
will not run for re-election.
    1955 - Julie London's first pop song, a sultry version of "Cry Me a River," made its appearance on the charts. The song spent 5 months on the charts, but only reached #9 at its peak. Julie is the former wife of both Dragnet's Jack Webb and songwriter/ trumpeter Bobby Troup.
    1955-Tennessee Ernie Ford's "Sixteen Tons" first appears on the charts. It will become one of the biggest selling singles of its time.
    1957---Top Hits
Jailhouse Rock - Elvis Presley
You Send Me - Sam Cooke
Silhouettes - The Rays
Wake Up Little Susie - The Everly Brothers
    1958-the Chicago Bears and the Los Angeles Rams set an NFL single-game attendance record as 90,833 fans watched the Rams beat the Bears, 41-35, at the Los Angeles Coliseum.
    1958 - "Billboard" magazine introduced a new chart ranking top singles, in order, from number 1 to 100. Before this invention, only 30 records were on weekly hit lists.
    1959 - Charles Van Doren, when questioned on this date about winning $129,000 on a television quiz show, told a congressional investigation committee that he was given the answers in advance by program staff members. His testimony was the most dramatic to date in the ongoing investigation of quiz show scandals. Van Doren had been a low-salaried college assistant professor who appeared on the show Twenty- One. It was revealed that rigging was prevalent on many television quiz shows during the early 1950s in order to boost viewer ship. Van Doren benefited from the rigging not only by receiving the huge amount of money, but by later earning a regular spot on the Today television show.
    1961 - The temperature at Atlanta, GA, reached 84 degrees to establish a record for November.
    1962-The missile bases in Cuba were being dismantled, President Kennedy reported to the nation, adding that “progress is now being made toward restoration of peace in the Caribbean.”
    1962 - Elvis Presley film ``Girls! Girls! Girls!'' premieres.
    1963 - Following the overthrow of his government by South Vietnamese military forces the day before, President Ngo Dinh Diem and his brother are captured and killed by a group of soldiers. The death of Diem caused celebration among many people in South Vietnam, but also lead to political chaos in the nation.Diem was perceived as an impediment to the accomplishment of U.S. goals in Southeast Asia. His increasingly dictatorial rule only succeeded in alienating most of the South Vietnamese people, and his brutal repression of protests led by Buddhist monks during the summer of 1963 convinced many American officials that the time had come for Diem to go. Three weeks later, an assassin shot President Kennedy. By then, the United States was more heavily involved in the South Vietnamese quagmire than ever.
    1963-The Beach Boys' "Be True To Your School" is released.
    1965---Top Hits
Yesterday - The Beatles
A Lover’s Concerto - The Toys
Get Off of My Cloud - The Rolling Stones
Hello Vietnam - Johnny Wright
    1968 - Another Stevie Wonder hit went on sale, "For Once in My Life" would reach #2 on the pop charts on December 28, 1968.
    1971 - No. 1 Billboard Pop Hit: ``Gypsys, Tramps & Thieves,'' Cher.
    1973---Top Hits
Midnight Train to Georgia - Gladys Knight & The Pips
Keep on Truckin’ - Eddie Kendricks
Paper Roses - Marie Osmond
We’re Gonna Hold On - George Jones & Tammy Wynette
    1974- "The Way We Were" by Barbra Streisand topped the charts and stayed there for 3 weeks.
    1976-James Earl “Jimmy” Carter, Jr., was elected president of the United States. Walter F. Mondale was elected vice president. The electoral vote was Carter 297; Pres. Ford, 240. The popular vote was Carter, 40,828,929, Ford, 39,148,940. In congressional elections the Democrats kept a 2-1 Senate majority, 61-38, with one seat going to an independent, and House majority of 292-143.
    1981---Top Hits
Arthur’s Theme (Best That You Can Do) - Christopher Cross
Start Me Up - The Rolling Stones
Private Eyes - Daryl Hall & John Oates
Never Been So Loved (In All My Life) - Charley Pride
    1983-- President Ronald Reagan signs a bill establishing Martin Luther King, Jr., Day.
    1985 - For the second time in television history,, a soundtrack LP from a television show topped the album charts. "Miami Vice", with a title track by Jan Hammer, spent 11 nonconsecutive weeks at #1. The only other television soundtrack to hit #1 was Henry Mancini’s "Peter Gunn" in 1959.
    1985 - Stevie Wonder's "Part-Time Lover " reaches the No. 1 spot in The Billboard Hot 100. Winning this spot makes Wonder the first artist to have a single on five different Billboard charts: the Hot 100, Hot Black Singles, Hot Adult Contemporary, Hot Dance/Disco Club Play and Hot Dance/Disco 12-inch Singles.
1985- "I Want to Know What Love Is" by Foreigner topped the charts and stayed there for 2 weeks.
    1989---Top Hits
Miss You Much - Janet Jackson
Sowing the Seeds of Love - Tears For Fears
Listen to Your Heart - Roxette
High Cotton – Alabama
    1989 - Squalls in the Upper Great Lakes Region the first three days of the month buried Ironwood MI under 46 inches of snow, and produced 40 inches at Hurley WI. Arctic cold invaded the Southern Plains Region. Midland TX reported a record low of 22 degrees.
    1991 - Karyn White’s "Romantic" hit #1 for one week on the "Billboard Hot 100" chart.
    1993 - Christine Todd Whitman was elected the first woman governor of New Jersey.
    1994----Top Hits
I ll Make Love To You- Boyz II Men
All I Wann---Top Hits a Do- Sheryl Crow
Secret- Madonna
Another Night- Real McCoy
    1995 - The immensely popular Seinfeld episode, "The Soup Nazi", first aired on NBC.
    1997 - Denver QB John Elway reached two milestones this day. (1)He accounted for 276 total yards (in a 30-27 victory over the Seattle Seahawks) for 50,273 yards in his career. He was the third player in NFL history -- after Dan Marino and Fran Tarkenton -- to reach the 50,000 plateau. (2)And with 252 yards passing, Elway moved past Tarkenton into second place in career passing yardage with 47,019, trailing only Marino at that point. (All this during a 30-27 victory over the Seattle Seahawks.)
    1999----Top Hits
Smooth- Santana Featuring Rob Thomas
Satisfy You- Puff Daddy Featuring R. Kelly
Heartbreaker- Mariah Carey Featuring Jay-Z
Mambo No. 5 (A Little Bit Of...)- Lou Bega
    1999 - TV, a 24-hour TV network, was launched by the National Basketball Association. Commissioner David J. Stern said, “" TV represents the convergence of the Internet, television and basketball. By combining the immediacy and depth of information from with current and historical television programming from the NBA, TV will offer our fans complete, round-the-clock coverage of the league."
    2000- Wrigley Field has been granted preliminary landmark status by the Commission on Chicago Landmarks. Any plans to refurbish or tear down Cubs' home since 1916 will have to be reviewed by this panel.
    2003----Top Hits
Baby Boy, Beyonce-Featuring Sean Paul
Stand Up- Ludacris Featuring Shawnna
Holidae In- Chingy Featuring Ludacris & Snoop Dogg
Get Low- Lil Jon & The East Side Boyz Featuring Ying Yang Twins
    2006 - Justin Timberlake and Gnarls Barkley each win several trophies at the 13th annual MTV Europe Music Awards, held in Copenhagen. Timberlake, who also serves as host and performer at the event, wins for best male and best pop. Gnarls Barkley wins best song for their international smash "Crazy."



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