Add me to mailing list    |           |      Search

Advertising | All Lists | Archives | Classified Ads | This Day In American History


Interviewing Experienced Leasing Salespeople
With Ability to Develop Vendor Relationships
52 year old, Family- owned, Self Funded,
Small Ticket Company

Resumes to:

Wednesday, November 6, 2009

Journalist/Author/First Lady of California Maria Shriver Schwarzenegger born November 6, 1955 Chicago, Illinois. In February of 2004, Shriver announced she would step down from her full-time job with NBC News to focus on her role as First Lady of California, though she intended to continue working on occasional TV projects, the latest,” A Woman's Nation Changes Everything."
A Woman's Nation


Classified Ads---Syndicator
   Construction / Printing Equipment Repo’s Up
         Trucking / Machine Tool Repo’s Decline
Marlin Leasing and Evergreen Clauses
       Cartoon---First Rule in Accounting
  Classified Ads---Help Wanted
   Fernando Croce Movie Reviews & New DVD's Out
     This is It : Michael Jackson / Xmas Carol
    DVDs: Up / The Taking of Pelham 123 / Lake Tahoe
    Letters? -- We Get eMail!
         View from the Top--by Steve Chriest
                  What Our Clients Tell Us
  Minnetonka, Minnesota--Adopt a Pet
  Pawnee Leasing Attends NEFA Super Reg. Expo
News Briefs----
  Army: Fort Hood shooting rampage suspect is alive
  Fannie Mae seeks $15B gov't. aid after 3Q loss
Trinity Industries Announces Railcar Financing
 List of troubled Georgia banks grows
Troutman Sanders lawyer named in Fed. complaint
   You May have Missed...
  California Nuts Brief
"Gimme that Wine"
Today's Top Event in History
  This Day in American History
   Baseball Poem
       Daily Puzzle
Weather, USA or specific area
      Traffic Live----

These marks "##################" above and below an article
always mean that it is a Press Release - Editor

((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---Syndicator

Chicago, IL
Syndicator with 20+ years experience in selling or buying one-off leases and portfolios. Price, structure, negotiate and document transactions.
Full time position or contract work.

Orange County, CA
10 yrs. exp. middle market credit underwriting/syndication/collections. All collateral. Seeking full-time position with equipment broker/lessor. Resume available

Overland Park, KS
Top Syndicator from single deal to portfolios. 20+ yrs exp. Available for contract work or full time position. Nationwide contacts.

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

Other e-Mail Posting Sites:



Construction and Printing Equipment Repossessions Still Rising

Trucking and Machine Tool Repossessions Decline

(Blue: 3Q 2009---Red: 3Q 2008)

Construction repossessions and liquidations rose by 53 percent during the quarter and printing equipment repossessions increased by 82 percent, as compared to the same total last year, according to Nassau Asset Management's NasTrac Quarterly Index (NQI).

Trucking repossessions, which have undergone a steady and continuous increase over the past year and a half, dropped by 44 percent in the latest NQI. Machine tool repossessions processed by Nassau declined by 55 percent in Q3 2009, as compared to the same period in 2008.

“After two very difficult quarters to start the year, there have been some scattered signs of improvement in the general economy and in some of the most battered verticals of the equipment leasing sector,” said Ed Castagna, president of Nassau Asset Management. “These numbers obviously offer a mixed message and it appears that the economy is showing some signs of life but many sectors have yet to take part in that growth.”

Ed Castagna, President
Nassau Asset Management

“We recommend to anyone who is in the process of liquidating or remarketing assets that they be quick and smart in their decisions. Equipment values in this market are changing daily. Sellers must be conscious of the current actual liquidation value of their equipment, and be ready and able to take the best offer given to them in full confidence.”

Trucking Repossessions and Liquidations

The 44 percent drop in truck repossessions shows this sector may have stabilized and much of the excess of equipment has been drained from the market, ending the hysteria of the past few quarters in a sector that has seen an extraordinary amount of activity in the past few years.

The decline in recent repossessions in the trucking sector is likely due in part to the limited production of new vehicles. FTR Associates, an industry analyst firm, is forecasting a 47 percent decline in new Class 8 truck production this year.

Other Repo Trends

Construction Repos Still On The Rise – the current 53 percent rise in construction activity shows the continued problems faced by the homebuilding industry.

Machine Tool Repos Decreased by 55 Percent – Repossessions of machine tool equipment in Q3 2009 dropped by 55 percent as compared to totals for the same quarter in 2008, offering some hope for a sector that may best reflect the true economic condition of the country.

Printing Equipment Repos Rose by 82 Percent in Q3 09 – Printing equipment repossessions continue to rise because that sector faces considerable pressure from the problems faced by many other business markets. Until those areas show improvement, the printing market will remain under duress. Recent analyst reports on companies such as Xerox, Canon and Oce state they are operating in weak markets that will remain in that situation for some time to come.

Medical Equipment Repos decreased From Q3 08 – Data in the NQI showed repossessions of medical equipment in 2009 declined by 32% from the same quarter of 2008. The recent decline in activity appears to reflect the fact that lenders are being more flexible with their terms and have been conservative in their approach to proceeding with repossession.

Nassau Asset Management of Westbury, NY, has been providing full-service asset management, including asset recovery, collections, remarketing, plant liquidations, and appraisals for more than 25 years to the equipment finance industry. For more information, please visit or call 1-800-4.NASSAU.



Marlin Leasing and Evergreen Clauses

Mr. Terry Winders, CLP, makes a difference between Evergreen Clauses and Winter Green:

“Many Lessors offer an evergreen clause that allows the lessee to renew the lease at the same rental on a month to month basis. This type of lease usually relies on a mandatory 90 day notice to return the equipment or the evergreen clause goes into effect so a month to month extension can come close to a three month extension if the lessee misses the notice requirement. A “winter green” clause is used when a six month or longer extension is automatic upon failure to notify 90 days prior to lease termination. Once again to impose an evergreen or a winter green provision you must give notice to the lessee to remind them of their notice requirement.”

One of the main reasons for the “D+”” Better Business Bureau report stems from the many complaints regarding not informing the lessee, more importantly, even when the lessee informs Marlin, it is after the ninety days. Other leasing companies have gone after the copier market place, citing that they do not add extra payments as Marlin does. Vendors of copiers have lost renewals and alienated customers by using Marlin, Leasing News is told. See Here (In October, it was an “F” and obviously Marlin was able to convince the BBB to change it. editor)

The following is from the SEC 3rd Quarter Filing from Marlin Business Services:

“Our leases generally include automatic renewal provisions and many leases continue beyond their initial contractual term. We consider renewal income a component of residual performance. Renewal income net of depreciation totaled approximately $1.8 million for each of the three-month periods ended September 30, 2009 and September 30, 2008. For the nine months ended September 30, 2009, renewal income net of depreciation totaled $5.3 million compared to $5.2 million for the nine months ended September 30, 2008. For the three months ended September 30, 2009, net losses on residual values disposed at end of term totaled $495,000 compared to net losses of $244,000 for the three months ended September 30, 2008. For the nine months ended September 30, 2009, net losses on residual values disposed at end of term totaled $1.2 million compared to net losses of $638,000 for the nine months ended September 30, 2008. The primary driver of the changes was a shift in the mix of the amounts and types of equipment disposed at the end of the term.”

“Our leases offer our end user customers the option to own the purchased equipment at lease expiration. Based on the minimum lease payments receivable as of September 30, 2009, approximately 71% of our leases were one dollar purchase option leases, 25% were fair market value leases and 4% were fixed purchase option leases, the latter of which typically are 10% of the original equipment cost. As of September 30, 2009, there were $46.2 million of residual assets retained on our Consolidated Balance Sheet, of which $37.3 million, or 80.8%, were related to copiers. No other group of equipment represented more than 10% of equipment residuals as of September 30, 2009 and December 31, 2008, respectively. Improvements in technology and other market changes, particularly in copiers, could adversely impact our ability to realize the recorded residual values of this equipment.”

“At the end of the original lease term, lessees may choose to purchase the equipment, renew the lease or return the equipment to the Company. The Company receives income from lease renewals when the lessee elects to retain the equipment longer than the original term of the lease. This income, net of appropriate periodic reductions in the estimated residual values of the related equipment, is included in fee income as net residual income.”

“When the lessee elects to return the equipment at lease termination, the equipment is transferred to other assets at the lower of its basis or fair market value. The Company generally sells returned equipment to an independent third party, rather than leasing the equipment a second time. The Company does not maintain equipment in other assets for longer than 120 days. Any loss recognized on transferring the equipment to other assets, and any gain or loss realized on the sale of equipment to the lessee or to others is included in fee income as net residual income. Fee income from delinquent lease payments is recognized on an accrual basis based on anticipated collection rates. Other fees are recognized when received. Management performs periodic reviews of the estimated residual values and any impairment, if other than temporary, is recognized in the current period.”

Leasing News requested a comment from Marlin Business Services and sent them a copy of the article, but no comment was made.



First Rule In Accounting



Leasing Industry - Help Wanted - Sales

Interviewing Leasing Professionals With Proven Track Record and Established Book of Business. Envision Provides: 1) Established Funding Sources, 2) Fun Working Environment, 3) Full Benefits (Health Insurance, 401k), 4) Aggressive Commission Structure.
Resumes To:, Contact: Jeff Edwards (949) 225-1712

Envision Capital Group is dedicated to providing the best in class products and service to our employers, customers, vendors and partners in the small and middle ticket commercial finance industry. With over 50 years of combined experience we have the knowledge, skills, abilities and relationships to help you reach your goals.


Seeking 2 Years + Experience, Vendor Focus Preferred
Well Established Funding Sources
Nearly 15 Years Reputation for Performance
Large Commission Structure
with the Right Book of Business

Confidential Interview: Sarah Weston
Resume:, (310) 895-7718


Interviewing Experienced Leasing Salespeople
With Ability to Develop Vendor Relationships
52 year old, Family- owned, Self Funded,
Small Ticket Company

Resumes to:


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.

Please see our Job Wanted section for possible new employees.



Fernando's View

By Fernando F. Croce

Moviegoers can savor a new version of "A Christmas Carol" and check out Michael Jackson's last dance steps in "This Is It," while DVD watchers can settle for animation ("Up"), action ("The Taking of Pelham 123"), or comedy-drama ("Lake Tahoe").

In Theaters:

A Christmas Carol (Walt Disney): Five years after experimenting with 3-D animation techniques in "The Polar Express," director Robert Zemeckis returns to Yuletide territory with this visually breathtaking adaptation of the beloved Charles Dickens novel. Jim Carrey portrays history's most famous miser, Ebenezer Scrooge, who spends Christmas time by nursing his own bitterness and showering contempt on those around him. But when he's visited by the Ghosts of Christmas Past, Present, and Future, he comes to realize the effects of his behavior. Will he grab the chance to change his life, or will it be too late? The plot should be familiar from dozens of screen adaptations, yet Zemeckis' inventiveness and a terrific cast (also including Gary Oldman and Robin Wright Penn) make audiences experience it as if for the first time.

This Is It (Columbia Pictures): With all the hoopla surrounding his eccentricities and scandals, it's often easy to forget what an astounding performer Michael Jackson really was. This unique behind-the-scenes look at the singer's last concert, made not long before his death this summer, gives viewers an exhilarating reminder of him as both an entertainer and an artist. The film has glimpses of Jackson practicing with a troupe of dancer in preparation for a London concert, and it includes generous doses of his greatest hits ("Billie Jean," "Thriller," "Beat It," "Black or White"). Director Kenny Ortega is an experienced hand at musical choreography (he's responsible for the last "High School Musical" installments), and the way he captures Jackson at work should impress fans and non-fans alike.

New on DVD:

Netflix Tip: One way to find interesting movies is to follow not just directors, but also actors. While searching for your next pick, do a little research and find the titles of some of the earlier films from a favorite performer's career. You may be surprised at their versatility.

Up (Walk Disney Pictures.): Pixar once again raises the bar in animated features with this colorful, family-friendly, heartrendingly humanistic adventure. The story focuses on Carl Fredrickson (voiced by Ed Asner), an elderly widower whose sense of adventure is sparked again by Russell (Jordan Nagai), a cheerful Boy Scout. Russell's enthusiasm is such that Carl decides to pursue his dreams of being an explorer, even if that means literally floating away in his house with the help of thousands of balloons. Following the two characters through a series of ravishing, comic and poignant episodes, directors Peter Docter ("Cars") and Bob Peterson offer some of the studio's most visually engaging and emotionally rich moments. Make sure to catch it in 3D.

The Taking of Pelham 123 (Columbia): Most movie remakes donÍt bring much new to the original stories, but this revamping of the smart and exciting 1974 thriller delivers plenty of thrills of its own. It seems like a day like any other for New York subway dispatcher Walter Garber (Denzel Washington), until a subway train is suddenly hijacked by bandits during his shift. As he negotiates the ransom demands over the radio with criminal mastermind Ryder (John Travolta), Walter uses his knowledge of the cityÍs underground system to help the police. Will he make it before time runs out? ThereÍs more than enough testosterone to go around, courtesy of director Tony Scott (ñTop Gunî), though itÍs the sharp interplay between Washington and Travolta that makes the movie fly.

Lake Tahoe (Film Movement): Mexican director Fernando Eimbcke, who made the charming comedy "Duck Season," returns to the subject of young people finding themselves with this offbeat sleeper. We first meet Juan (Diego Catano) in the aftermath of an accident, after he's hit his car on the side of the road. All he needs is to replace a piece of the motor, but finding a mechanic in his sleepy town makes his journey a day-long adventure. Along the way, we meet eccentric characters such as a teenage mechanic with a kung-fu obsession and an old man who gets Juan to take care of his dog. We also learn, subtly and gracefully, of the family situation that got Juan in trouble in the first place. Gently sad and funny, it's one worth seeking out. With subtitles.




(Mostly in chronological order)

"With all the fraud that haunts our industry, the broker industry in particular, perhaps we should all submit annually to a lie detector examination in order to continue in the business. All these stories about the fraudulent players in leasing makes my stomach queasy as I feel tarred by association. Even the close to the line accepted business practices, like retaining a commitment fee for “best efforts” strikes me as one practice that should be illegal. The same goes for those Evergreen Leases that seem so popular with a number of lessors. We have associations, of which I have not participated for years, who have demonstrated or seem to lack any teeth to weed out those who should not be in the business. It only takes a few to tarnish the many."

Jerry Commonwealth Capital


“A friend of mine got caught as a broker in the Greyhound mess. It cost him about a half million dollars in legal fees to defend himself from lenders that he introduced to Sheldon.”

(name with held)


“In the last 1980’s Ted Prichard worked for LeaseFirst - the small ticket vendor subsidiary of MNC / Maryland National Leasing. I helped Ted on some of his deals. My wife Mary and I became friends with Ted and his wife Jan. But we lost touch when I joined Tokai / Master Lease in 1991. Ted ultimately became a broker and then moved to western NC.

“Ted bought me my first Franklin Planner in 1988. He taught me how to use it. I have invested in my own Franklin Covey Planner each of the 21 years since. Even today you seldom see me apart from my quirky “black book.”

“Ted challenged me to contemplate my own unique way to apply the ‘Franklin Day.’

“I did take up Ted’s challenge.

“Within the covers of my book you will see some 1,300 names scattered on the top of each daily prioritized task list page. Many names are of those in our industry. I hand write them every year.

“They mark the days of birthdays and anniversaries - and are reminders to me of calls and e-mails that I make.

“It may be a little thing, but I have to tip my cap to the late Ted Prichard for encouraging in me to step up to what has become one of my personal signature activities.

“... Made me contemplate how some little things that I may say or do - may somehow actually inspire others ... and possibly outlive me.”

David S. Wiener
Capital Markets, Equipment Leasing & Finance
Direct: 410.308.9840 | 2303 Tufton Springs Lane
Mobile: 410.371.6028 | Reisterstown, Maryland 21136 |


Questions the value of showing the Dakota Deal in today's Leasing news. Dakota Financial Deal of the Month

“I realize the market dictates what capital costs are, particularly to credit challenged individuals Dakota prays on. It looks like the Broker was paid 15% on the transaction and if you use 36 months as the term, the associated rate is 47% (not including the documentation fee)

“It is Loan Sharks like this that gives leasing a bad name…….”

(name with held)

(Leasing News runs these "hard deals" from time to time to let readers know what is going on in the marketplace. It is not uncommon for first and last three plus FMV, and using a three year rate for 60 months, as an example. Many have 40% and 50% stream rates, and it is common in the subprime marketplace.

(And perhaps the highest rate of all, Evergreen Leases where customers may pay one to three years more on their lease. Often, they don't even catch the extra payments. They get an invoice, and they make the payment.

(Basically rate is set at the risk versus reward. There is room in the market for both low and high risk deals. editor)


Sales make it Happen—Leasing News Readers
Sales Techniques Sales Make It Happen

"I think it was a swell productive compilation of value."

Neil Roth

Key Credit Corp.
555 Sun Valley Dr., N-1
Roswell, GA 30076
800-261-7826 fax


"Only one individual scratched the surface of being a professional sales rep. in your sales make it happen section today. All these "tricks" are a joke and any long term success is destined to fail. I was talking to Tim of our office this morning and we agreed it is also part of the reason so many brokers are struggling and funders are running away from brokers that don't know their customer.

“The leasing industry is not the only industry with rate\price objections. As a niche funder I am amazed at how many brokers will contact us that don't even know what the potential client does. The only value many are bringing to the table is to just get a deal done. That mentality ends up being a price only mentality, thus the tricks.

“There are so many more business needs that can be solved with a leasing relationship than price. Remember the price\rate somebody pays is based upon the value brought to the table."

Phil Lieber
P&L Capital

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



What Our Clients Tell Us

Summary: What some employees at our client organizations are telling us should sound alarm bells for employers who are concerned about hitting the ground running with great employees when the economy picks up steam.

We have recently been told by some of our client's employees that the biggest frustration they face in this economic downturn is the almost unbearable increase in their workloads. Not only did they express frustration at the inability to complete all their work, but they admitted that the quality of their work output was not up to their usual standards.

Almost all companies are striving to do more with less, and most employees are working harder and longer than ever before. It's no surprise that Robert Half International tell us that workers everywhere are reporting higher stress levels and lower morale. If it is logical to assume that we've kept our best employees through these tough times, we must be aware that all this extra work and stress is taking a toll on their physical and mental well-being. We all should be hyper-concerned about losing some of these valued workers when economic conditions improve.

This feedback provides a wonderful opportunity to explore in next month's Sales Journal the one question executives might want to avoid in their effort to assist stressed-out employees.

Steve Chriest, CEO

Steve Chriest is the former president of a successful national leasing company.

Steve is a regular contributor to executive-level publications such as Customer Think and Customer Management IQ. Steve recently completed his first book, Selling The E-Suite, The Proven System For Reaching and Selling Senior Executives, in which he translates his experiences as a CEO into a practical guide for selling to senior executives. Steve can be reached at:

Previous Columns Here



Minnetonka, Minnesota--Adopt a Pet


Name: Bev
Rescue ID: P-431
Status: Available for Adoption (adoption info)
Species: Dog
Breed: German Shepherd Dog / Hound / Mixed (short coat)
Learn more about the German Shepherd Dog.
Sex: Female (spayed)
Current Size: 40 Pounds
General Potential Size: Medium
Current Age: 7 Months (best estimate)
Activity Level: Moderately Active
Good with People: Friendly
Good for Inexperienced Caregivers: Yes
Good with Dogs: Yes
Housetrained: Yes
Bev is:
already spayed housetrained good with dogs up to date with shots

“Poor Bev was found abandoned in the woods along with her 4 siblings. She was taken into rescue and nursed back to full health. Bev is an active little girl looking for a loving family to call her own.

“Bev is a shy little girl who will take oh a minute to sniff you and decide you should be her best friend. She is great with other dogs, doesn't mind cats, and is house trained. She is learning that her crate is a good thing and she gets this thing called a kong with peanut butter in it. Way cool!

“Bev is looking forward to finding her forever home! Will it be with you?”

Puppy Rescue of Minnesota

Midwestern Animal Rescue



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

Pawnee Leasing
Attends the National Equipment Finance Association (NEFA)
Super Regional EXPO

Pawnee Leasing will be in attendance at the annual National Equipment Finance Association in Teaneck, NJ on November 9, 2009.

Fort Collins, CO. Pawnee Leasing Corporation announces attendance and exhibition at National Equipment Finance Association Super Regional EXPO.

Pawnee Leasing Corporation (Pawnee) announced that it will be attending as an exhibiting funding source at the National Equipment Finance Association (NEFA) in Teaneck, NJ on November 9, 2009.

“We are looking forward to attending and exhibiting at NEFA’s first east coast event since the merger of EAEL and UAEL leasing associations, “ said Gary Souverein, Pawnee’s President and COO. “We have many customers in the tri-state area always enjoy the opportunity to network with a high concentration of our customers in this one-day event,

Gary Souverein

“Since there has been so much disruption to the funding source landscape in the past 12 months, it is important that those remaining support both our industry association but also lend visible support to our broker/lessor customers. Pawnee Leasing Corporation is still very much in the game and growing our market footprint in the start-up and “B” credit markets.”

Pawnee Leasing Corporation will be exhibiting its services as well as participating as a panelist in the afternoon “Funding Town Hall” session. Both Gary Souverein and Eastern Regional Marketing Manager, Paul Phillips will be attending the event.

Pawnee Leasing Corporation, providing lease financing in the lower 48 states since 1982, purchases small-ticket “Start-Up” and "B" Credit transactions exclusively from a national network of brokers/lessors. For more information please contact Gary H. Souverein, at 800-864-4266.

Gary H. Souverein, President & COO
Pawnee Leasing Corporation
970-482-2556, ext. 222

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



News Briefs



You May have Missed...

Good Dog, Smart Dog



California Nuts Briefs



“Gimme that Wine”



Today’s Top Event in History

1860 - Former Illinois congressman Abraham Lincoln defeated three other candidates for the United States presidency, a Republican victory over the divided Democrats. Hannibal Hamlin was elected vice president. The electoral vote was Lincoln, 180: John C. Breckinridge, southern Democrat, 72: John Bell, Constitutional Union candidate, 39: Stephen A. Douglas, Democrat, 12. The popular vote was Lincoln 1,866,252: Douglas 1,375,157: Breckinridge, 848,781: Bell, 589,581.



This Day in American History

    1796-The first presidential election in which more than one candidate declared for the presidency, in which John Adams received 71 electoral votes and was elected president, and Thomas Jefferson received 68 electoral votes and was elected vice-president. In the elections of 1789 and 1793, George Washington was the only avowed presidential candidate.
    1804-The first presidential election in which more than one candidate declared for the vice-presidency. Prior to the adoption of the 12th Amendment to the constitution on September 25,1804, the candidate for president receiving the highest number of votes became president, and the candidate receiving the second highest number became vice president. Thomas Jefferson and George Clinton were the candidates of the Democratic-Republican Party and Charles Cotesworth Pinckney and Rufus King the candidates of the Federalist Party.
    1854-Birthday of conductor/composer John Phillips Sousa, remembered for stirring marches such as "The Stars and Stripes Forever," "Semper Fidelis," "El Capitan," born at Washington, DC. Died at Reading, PA, Mar 6, 1932
    1860 - Former Illinois congressman Abraham Lincoln defeated three other candidates for the United States presidency, a Republican victory over the divided Democrats. Hannibal Hamlin was elected vice president. The electoral vote was Lincoln, 180: John C. Breckinridge, southern Democrat,72: John Bell, Constitutional Union candidate, 39: Stephen A. Douglas, Democrat, 12. The popular vote was Lincoln 1,866,252: Douglas 1,375,157: Breckinridge, 848,781: Bell, 589,581.
    1861-Jefferson Davis was elected to a six year term of the Confederate States of American.
    1861-Birthday of James Naismith, inventor of the game of basketball was born at Almonte, Ontario, Canada. Died at Lawrence, KS, Nov 28, 1939. Inducted into the Basketball Hall of Fame in 1959. Basketball became an Olympic sport in 1936.
    1868-Red Cloud, a chief of the Oglala Sioux, became the first Native American to win territorial concessions from the federal government. After years of leading successful assaults against U.S. forts in the Powder River area of Montana, Red Cloud signed a treat at Fort Laramie. The treaty provide for the abandonment of Forts Reno, Kearny, and C.F. Smith.
    1869-The first Intercollegiate football contest in the world was played at Rutgers Field, New Brunswick, NJ. Captain William Stryker Gummere ’70 of Princeton University ( later chief justice of New Jersey) challenged Captain William James Leggett of Rutgers to a friendly game. Each team consisted of 25 men. The rules were that each goal constituted a game and that six games would decided the match, which lasted one hour. The first team to score six goals was Rutgers, while Princeton scored four.
    1888 - Benjamin Harrison of Indiana won the presidential election, beating incumbent Grover Cleveland on electoral votes although Cleveland led in the popular vote. Cleveland basically sat at the White House, thinking he had the election in the bag. He came back next term to take the presidency back. Levi P.Morton was elected vice president. The electoral vote was Harrison, 233: President Grover Cleveland, the Democratic candidate,168. The popular vote was Harrison 5,444,337: Cleveland 5,540,050: Clinton B. Fisk, Prohibition candidate, 250,125: Alson J. Streeter, Union Labor candidate, 146,897: Robert H. Cowdrey, United Labor candidate, 2808. In congressional elections the Republicans kept their 38-37 majority in the Senate and gained 14 seats in the House to take a 166-159 majority.
    1888-Birthday of John George Taylor Spink, sports publisher born at St. Louis, MO. Spink inherited management of “The Sporting News” upon the death of his father in 1914. He made the weekly newspaper into the “Bible of Baseball,” a trade paper of indispensable value to all those connected with the game. Spink was a baseball insider: his publication not only reported on what had happened, but also advocated what should happen. Died at St. Louis,Dec. 7, 1962.
    1900 - President McKinley was re-elected, beating Democrat William Jennings Bryan. Theodore Roosevelt, Republican of New York, was elected vice president. The electoral vote was McKinley,292: William Jennings Bryan of Nebraska, candidate on the Democratic and Populist tickets, 155. The popular vote was McKinley, 7,219,530: Bryan 6,358,071: John G. Woolley of Illinois, Prohibition candidate, 209,166: Eugene V. Debs of Indiana, Social Democratic candidate, : 94,768: and Wharton Barker of Pennsylvania, middle-of the road Populist, 50,232. In congressional elections both major parties gained Senate seats from the minor parties, the Republicans taking a 55-31 majority, with four seats held by minor
parties. In the House the Republicans led 197-151, with nine seats held by minor parties.
    1902-Birthday of singer Juanita Hall, Keyport, NJ
    1913-Birthday of arranger/trumpet player Andy Gibson, Zanesville, OH,,435442,00.html?artist=

    1916—Bandleader Ray Conniff Birthday, born Attleboro, MA
    1921-piano player Jimmy Lyon Birthday, Camden, NJ
    1928 - Herbert Hoover was elected United States president in a landslide Republican victory. Charles Curtis was elected vice president. The electoral vote was Hoover, 444: Alfred E. Smith, Democratic candidate, 87. The popular vote was Hoover, 21,392,190: Smith, 15,016,443. Normal Thomas, Socialist candidate, 267,835: William Z. Foster, Workers’ Party candidate 48,228: Vern L. Reynolds, Prohibition candidate, 20,106: frank E. Webb, Farmer Labor candidate, 6391. In congressional elections the Republicans increased their majorities in both houses, leading in the Senate 56-39, with one seat going to a minor party, and controlling the House 267-167, with one seat held by a minor party.
    1928 - Jacob Schick patented the first electric razor.
    1929-pianist Francy Boland birthday, Namur, Belgium

    1934-The first professional football game in which 10 touchdowns were made took place at Temple Stadium, Philadelphia, PA, when the Philadelphia Eagles defeated the Cincinnati Reds 64-0. Three touchdowns each were made by Homer “Swede” Hanson and Joseph Carter and one each by Edward Matesic, Edward Storm, Marvin Ellstrom, and Roger “Red” Kirkman.
    1935-Benny Goodman begins engagement at Congress Hotel, Chicago. Original one-month contract extended six months, ending May 23, 1936.
    1936-Woody Herman’s new band first records, Decca.
    1945-Ensign Jake C. West in an FR-! Fireball on the escort aircraft carrier “Wake Island” off San Diego, CA, made the first jet-propelled landing on an aircraft carrier. The Fireball, a Ryan-built navy fighter plane, was powered by both turbojet and a conventional reciprocating engine, and normally used its reciprocating power plant for takeoff and landing, switching over to the jet as either an exclusive or a supplementary propulsive force once it was in the air. As West was landing, the reciprocating engine power failed, and he landed using jet power.
    1945---Top Hits
Till the End of Time - Perry Como
I’ll Buy that Dream - The Pied Pipers
That’s for Me - Dick Haymes
With Tears in My Eyes - Wesley Tuttle
    1947—“Meet the Press” premiers on TV. "Meet the Press" holds the distinction of being the oldest program on TV. The show has changed its format little since it began: a well-known guest (usually a politician) is questioned on current, relevant issues by a panel of journalists. The moderators throughout the years have included Martha Rountree, Lawrence E. Spivak, Ned Brooks, Bill Monroe, Marvin Kalb, Chris Wallace, Garrick Utley, and Tim Russert.
    1948 - Glenn Frey of the Eagles is born in Detroit. He has two solo hits that reach No. 2 on Billboard's Hot 100: "The Heat Is On" and "You Belong to the City."
    1948 - No. 1 Billboard Pop Hit: "Buttons and Bows," Dinah Shore.
    1949-Trumpet player Arturo Sandoval born Havana, Cuba
    1950--*REEM, ROBERT DALE Medal of Honor
Rank and organization: Second Lieutenant, U.S. Marine Corps, Company H, 3d Battalion, 7th Marines, 1st Marine Division (Rein.). Place and date: Vicinity Chinhung-ni, Korea, 6 November 1950. Entered service at: Elizabethtown, Pa. Born: 20 October 1925, Lancaster, Pa. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty as a platoon commander in Company H, in action against enemy aggressor forces. Grimly determined to dislodge a group of heavy enemy infantry units occupying well-concealed and strongly fortified positions on commanding ground overlooking unprotected terrain. 2d Lt. Reem moved slowly forward up the side of the ridge with his platoon in the face of a veritable hail of shattering hostile machine gun, grenade, and rifle fire. Three times repulsed by a resolute enemy force in achieving his objective, and pinned down by the continuing fury of hostile fire, he rallied and regrouped the heroic men in his depleted and disorganized platoon in preparation for a fourth attack. Issuing last-minute orders to his noncommissioned officers when an enemy grenade landed in a depression of the rocky ground in which the group was standing, 2d Lt. Reem unhesitatingly chose to sacrifice himself and, springing upon the deadly missile, absorbed the full impact of the explosion in his body, thus protecting others from serious injury and possible death. Stouthearted and indomitable, he readily yielded his own chance of survival that his subordinate leaders might live to carry on the fight against a fanatic enemy. His superb courage, cool decisiveness, and valiant spirit of self-sacrifice in the face of certain death reflect the highest credit upon 2d Lt. Reem and the U.S. Naval Service. He gallantly gave his life for his country.
    1951 -record snowfalls Snow fell from the Texas panhandle to the Lower Great Lakes, leaving record totals of 12.5 inches at Saint Louis MO, and 14.1 inches at Springfield MO. Other heavier snowfall totals included 20 inches at Nevada MO, 13.5 inches at Sedan KS, 13 inches at Decature IL, and 10 inches at Alva OK. In the Saint Louis area, up to 20 inches was reported in Washington County.
    1953---Top Hits
Vaya Con Dios - Les Paul & Mary Ford
You, You, You - The Ames Brothers
Ebb Tide - The Frank Chacksfield Orchestra
I Forgot More Than You’ll Ever Know - The Davis Sisters
    1953 - An intense east coast storm dumped 27 inches of snow in the Pennsylvania mountains, 11 inches in Harrisburg, PA, 8 inches in Philadelphia, 4 inches in Washington, D.C. and 3 at Richmond, VA. Winds gusted to 98 mph at Block Island, RI.
    1955-Maria Owings Shriver (Schwarzenegger) birthday, broadcast journalist ("Today"), wife of governor-elect of California, born Chicago, IL.
    1956 - President Eisenhower was re-elected, beating Democrat Adlai E. Stevenson in a landslide. Eisenhower was the first Republican president to win reelection since William McKinley in 1900. Although Eisenhower carried 41 states, the Democrats retained control of both houses of Congress. The electoral vote was Eisenhower, 457: Adlai E. Stevenson, Democrat of Illinois, 74. The popular vote was Eisenhower, 35,387,015: Stevenson, 25,875,408. IN congressional elections the Democrats gained one Senate seat for a 49-47 majority. In the House they gained one seat for a 233-200 majority.
    1959---James Darren launched a second career as a singer when "Goodbye Cruel World" entered the Billboard chart, where it would reach #3.
    1961 - Strong Santa Ana winds fanned the flames of the Bel Air/Brentwood fires in southern California destroying many homes. Burbank reported a relative humidity of three percent
    1961---Top Hits
Big Bad John - Jimmy Dean
Fool #1 - Brenda Lee
This Time - Troy Shondell
Walk on By - Leroy Van Dyke
    1961-Jimmy Dean's "Big, Bad John" becomes the 100th US number one single of the Rock and Roll era. It would prove to be his only chart topper, although he would have another top ten record with "P.T. 109" the next year. Jimmy wrote the song in an hour and a half, while flying to Nashville for a recording session.
    1961-After making a generation of girls swoon over his role as Moondoggie in the film Gidget.
    1962-The first president with a brother in the Senate was John Fitzgerald Kennedy, whose brother Edward Moore Kennedy was elected to fill his unexpired term as senator from Massachusetts after he was elected president.
    1965-The Animals' "It's My Life" is released.
    1965-Bill Graham, who will become one of rock's most powerful entrepreneurs, produces his first rock concert at the Fillmore Auditorium in San Francisco. The show features the Grateful Dead, Jefferson Airplane and the Charlatans.
    1965-The Animals' "It's My Life" is released.
    1967-“The Phil Donahue Show” premiered on TV. The forerunner of Oprah, Jerry, Montel, etc., this first talk show with audience participation went on the air this date at Dayton, OH. The first guest interviewed by host Phil Donahue was atheist Madelyn Murray O’Hair. In 1980 the program went national: it moved to Chicago in 1974 and to New York in 1985. In later years the program was titled, “Donahue.” After winning 19 Emmys Awards, the show left daytime TV in 1966. In 2002, he returned to the airways, but in the age of “realism” and “survival,” and loyal followings for other popular talk shows, the show flopped. His fans had moved on.
    1968 - Richard Nixon was elected 37th pres of US, defeating Hubert Humphrey.The Democrats went through a grueling primary campaign. Eugene McCarthy, an early opponent of the war in Vietnam, almost upset President Johnson in the New Hampshire primary. This convinced Johnson not to run for re-election. At that point Vice President Humphrey announced his candidacy for the nomination. A primary battle followed, with Robert Kennedy pulling in the lead until his assassination. At this point Humphrey was able to sew up the nomination. He was nominated on the first ballot at a tumultuous convention in Chicago. The rioting and the police actions outside the convention hall dominated the news coverage and did not get the Humphrey campaign off to a good start. Nixon began the campaign as the front runner, with a clear lead. He campaigned against rising crime and claimed he would restore "law and order". Nixon also instituted the Southern policy, taking advantage of Southern voters resentments at civil rights legislation passed by the Johnson administration it successful received support from what had been a solidly democratic south. Toward the end of the campaign as Humphrey became more critical of Johnson's handling of the war, the lead narrowed. It did not narrow enough to stop a Nixon victory however.
    1968--First day of San Francisco State College strike.
    1969---Top Hits
Suspicious Minds - Elvis Presley
Wedding Bell Blues - The 5th Dimension
Baby It’s You - Smith
The Ways to Love a Man - Tammy Wynette
    1972-Deep Purple's "Machine Head" LP goes gold.
    1973-Coleman Young elected mayor of Detroit, becoming one of the first two Black mayors of city with over a million citizens. Died November 29, 1997
    1973-Thomas Bradley elected mayor of Los Angeles at a time when Blacks represented only 15% of the LA electorate, becoming one of the first two Black mayors of city with over a million citizens. Died September 2, 1998

    1975-“Good Morning, America” premiered on TV. This ABC morning program, set in a living room, is a mixture of news reports, features and interviews with newsmakers and people of interest. It was the first program to compete with NBC's "Today" show and initially aired as "A.M. America." Hosts have included David Hartman, Nancy Dussault, Sandy Hill, Charles Gibson, Joan Lunden, Lisa McRee, Kevin Newman and Diane Sawyer.
    1977---Top Hits
You Light Up My Life - Debby Boone
Nobody Does It Better - Carly Simon
Boogie Nights - Heatwave
I’m Just a Country Boy - Don Williams
    1982--The Oscar-winning song from the movie An Officer and a Gentleman, "Up Where We Belong" by Joe Cocker and Jennifer Warnes, lead the US hit parade. Although their contrasting styles complimented each other perfectly, the singers had never met each other until the day they recorded the song.
    1984- Madeline M. Kunin, by a margin of 4,000 votes is elected governor of Vermont. Arlene Violet, a former Roman Catholic nun, becomes the first woman to be elected Attorney General of Rhode Island.

    1984 - President Ronald Reagan was re-elected. President Reagan faced no opposition to his re-nomination as the Republican nomination for President. Senator Walter Mondale Jimmy Carter's Vice President was the front runner throughout the election campaign. His most serious opposition was Senator Gary Hart of Colorado, who ran on a theme of new ideas. A photograph with the married man on a boat named “Monkey Business” with Donna Rice threw him out of the race. On the personal level Reagan won his debates with Mondale by using humor to successfully parry one of Mondale criticisms- that he was too old, by stating during the debate that he would not use age as issue- he would not criticize Mondale's youth and inexperience. Reagan won the election with an 18 point margin.
    1985---Top Hits
Part-Time Lover - Stevie Wonder
Miami Vice Theme - Jan Hammer
Head over Heels - Tears For Fears
Some Fools Never Learn - Steve Wariner
    1986 - For the fall 1988 season, WOR-TV in Secaucus, New Jersey paid $182,000 per episode of "The Cosby Show". The price was a record for a syndicated show, beating previous marks of $80,000 per show for "Cheers".
    1986 -- Seattle wide receiver Steve Largent catches a pass in his 128th straight game, breaking the NFL record for most consecutive games with a reception.
    1987 - High winds in the northeastern U.S., turning a recent warm spell into a distant memory, gusted to 63 mph at Rhode Island. Squalls resulting from the high winds produced five inches of snow at Marquette MI and seven inches at Rome NY. A storm in the southwestern U.S. brought heavy snow to some of the higher elevations of Arizona, Colorado and Utah.
    1988 - A powerful storm in the northern Great Lakes drops 2 feet of snow along the shore of Lake Superior and 3 feet in the Porcupine Mountains of Upper Michigan. Marquette established a November record with 17.3 inches in 24 hours.
    1989 - Unseasonably warm weather prevailed in the south central and southeastern U.S. Nine cities from Florida to Oklahoma and Texas reported record high temperatures for the date as readings warmed into the 80s. The high of 89 degrees at the Dallas/Fort Worth Airport in Texas equaled their record for November.
    1993--Meat Loaf had the number one song in the US with "I'd Do Anything for Love (But I Won't Do That)". It was the first we'd heard from him since his giant hit album, "Bat Out Of Hell" in 1977.
    1995 - Art Modell, the owner of the Cleveland Browns, announced plans to move the team to Baltimore.
    2002- Citing Dusty Baker's reluctance to stay with the organization, an unhappy general manager Brian Sabean announces the Giant skipper of the last 10 years will not be back to manage in San Francisco next season. The NL pennant-winning skipper joins the Chicago Cubs, but after a losing season in 2006, is also let go.



Baseball Poem


What is it
About ticket stubs
That prevents me
From throwing them away

Not just the precious few
From a World Series
But lately
I can't throw any away

They do not bring to mind
Vivid memories
Of good times
Or remembrances
Of hits and runs past

Yet they stand for something
For times I traveled
Outside of time
Like stamped passports
They are all the proof remaining
Of my trips

Written by Gene Carney
published in
“Romancing the Horsehide: Baseball Poems on Players the Game”
Published by McFarland and Company




The object is to insert the numbers in the boxes to satisfy only one condition:
each row, column and 3x3 box must contain the digits 1 through 9 exactly once.
What could be simpler?

Play Leasing News SuDoku Here





Across The US and Canada GasBuddy can help you find cheap gas prices in your city.
Use the GasBuddy Map
How To Use GasBuddy from Your Mobile Device






Independent, unbiased and fair news about the Leasing Industry.

Ten Top Stories each week chosen by readers (click here)


Bank Beat
Computer Tips
Fernando's Review
Leasing 102
Online Newspapers
Sales Make it Happen
To Tell the Truth

Editorials (click here)