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Business Risk Manager
Extensive industry knowledge with
strong technical/analytical skills. Relocation not required.
For more information, please click here

Western Equipment Finance, a subsidiary of Western State Bank
established in 1901, solicits originations throughout the US and
provides funding solutions for a wide range of industries

Wednesday, October 26, 2011

Today's Equipment Leasing Headlines

Alert---Vartanian forms New Companies
  Three More Sentenced in "Operation Lease Fleece"
   Classified Ads---Sales Manager
    Up-Date Tiger Capital Management Alert
  ELFA Conference Ends: “Where Do We Go From Here?”
   by Shawn Halladay
Leasing New Business Improves says ELFA Monthly Index
     ELFA Names New Chairman/Board of Directors
      Leasing Conferences---Up-Dates
       Cartoon---Both into equipment leasing sales
        Classified Ads---Help Wanted
   Story Credit Lessors---Up-Date
        New IPhone 4S (for seniors)
         Zagat's Top 2012 Restaurants plus trends
    Small Banks Lag in Deposit Growth, But Deal-Makers Surge
     So-Called “Smaller” Bank President Make Comments
       Financial Transactions in Malaysia: Valid under Islamic law?
     NetSol--- Offer Cloud-Delivered Leasing and Finance Solution
         Dog Halloween Costume
          Columbus, Ohio Adopt-a-Dog
            Leasing Attorneys
News Briefs---
CIT Reports In Red
Atlanta Bread franchisees among worst-performing SBA borrowers
    Gold jumps above $1,700
  U.S. Is Set to Charge Major Executive In Trading Case
Chaz Bono & Partner eliminated from "Dancing with the Stars"

Broker/Funder/Industry Lists | Features (collection)
Top Ten Stories Chosen by Readers | Top Stories last six months

Tank”—A dog story you won’t forget
  You May have Missed---
    Sports Briefs---
     California Nuts---
       Gimmie that wine---
         This Day in American History
           Daily Puzzle
             Weather, USA or specific area
              Traffic Live----

######## surrounding the article denotes it is a “press release” and was not written by Leasing News nor information verified, but from the source noted. When an article is signed by the writer, it is considered a “by line.” It reflects the opinion and research of the writer. It is considered “bias” as it is the writer’s viewpoint.


Alert---Vartanian forms New Companies

Chant Vartanian, who was indicted along with his brother Sarkus, in what the FBI labeled "Operation Lease Fleece" in an alleged fraud scheme that allegedly caused more than $20 million in loses to several lending institutions that believed they were financing equipment leases, is now operating under different businesses.

It appears that the publicity surrounding his alleged participation with Jim Raeder and Mark McQuitty of CapitalWerks, who have pled guilty, is now also working under various under names besides his original ISystems Technology and Solutions. The alert is to bring this to your attention in considering any leasing or finance transactions.

These new companies are M-Theory Finance Group, whose web site
states they do financing and also re-marketing of IT Equipment.

A second company is M-Theory Consulting Group whose web site
states they are consultants, particularly regarding "cloud computing."

According to their web site listing, a third company exits at the same address called Singularity Ventures, 1820 Industrial St # 270, Los Angeles, CA 90021-1268

Vartanian is listed as an Active Officer of Singularity. Singularity is listed at the same address as the Registrant for www. M-THEORYGRP.COM.

An employee of M-Theory Finance Group also confirmed that Chant Vartanian is the owner.

One reader recently wrote Leasing News," I have some information with regards to Chant Vartanian (Isystems) who was connected to the ‘operation lease fleece’ conducted by the FBI. Chant who was indicted back in Dec 2009 was still funding deals for a local broker who used to work for Capital Werks with Jim Raeder & Mark McQuitty.

“This broker was doing deals with Chant up until the day he was indicted for fraud. One of the transactions funded on Oct 30, 2009 and the other Dec 27, 2009....After the indictment the owner of this broker shop told his sales staff they needed to 'separate' themselves from I Systems fast. I would imagine if someone did some digging they would find ‘numerous’ transactions over the last 5 years this broker funneled through Isystems, this was 2 transactions within 60 days.

“I didn't want to get involved but this broker continues to give the industry a bad name and Ii think its time someone exposed him for the fraud he and his company really are. I have the name of the broker, the owner’s information, the name of the customer, date of application, date of funding, commissions paid and the amount of the deposit check collected... I don't know where to turn to get this information looked at so if you can direct me to the right place or know who I should contact that would be much appreciated...."

In a previous interview with Adam Zuckerman, who has pled guilty, he stated the ISystems Technology was one of the vendors proving the invoices.

Chant & Sarkus Vartanian now have a status hearing February 27, 2012 with a trial set for March 6, 2012 before Judge Cormac J. Carney.

His court hearing has been postponed many times at the request of his attorney, perhaps hoping witnesses would lose their memory or not appear, or that the FBI and US Attorney will lose their interest, as the original case filings were November 7, 2007. At this point, these charges are allegations, although he has legally been indicted.



Three More Sentenced in "Operation Lease Fleece"

As noted in the "Alert" above, this concerns "Operation Lease Fleece" where 30 were have been indicted, with many pleading guilty. The majority of those indicted are waiting sentencing, which some will go into next year, as the FBI considers the "investigation on going."

At this date, eleven have been sentenced. Here are the latest three:

Jeffrey Greenough, 52, Peniche, Laguna Beach, California was sentenced:

"JUDGMENT AND COMMITMENT by Judge Cormac J. Carney as to Defendant Jeffrey Greenough (2), Count(s) 1, 1 day imprisonment, which the Court finds has already been served in full. Pay $100 special assessment. Pay total restitution of $400,000. Interest on restitution ordered waived. The Defendant shall be held jointly and severally liable with co-defendant Troy Worrell for $100,000 of the amount of restitution ordered in this judgment. All fines are waived. 3 years supervised release under terms and conditions of US Probation Office and General Orders 318 and 01-05. (mt) "

"160 hours of community service"

"The defendant shall not engage as whole or partial owner, employee, or otherwise, in any business involving equipment lease financing programs of any kind, loan programs, telemarketing activities, investment programs, or any other business involving the solicitation of funds or cold calls to customers without the express written approval of the Probation Officer prior to engagement in such employment or business. Further, the defendant shall provide the Probation Officer with access to any and all business records, client lists, and other records pertaining to the operation of any business owned in whole or in part by the defendant, as directed by the Probation Officer." (1)

Geoffrey Silver, 39, of Silver Industries, Calabasas, was sentenced:

"JUDGMENT AND COMMITMENT by Judge Cormac J. Carney as to Defendant Geoffrey Silver (1), Count(s) 1,

1 day imprisonment, which the Court finds has already been served in full. Pay $100 special assessment. All fines are waived. 3 years supervised release under terms and conditions of US Probation Office and General Order 318

"160 hours of community service"

"The defendant shall not engage as whole or partial owner, employee, or otherwise, in any business involving equipment lease financing programs of any kind, loan programs, telemarketing activities, investment programs, or any other business involving the solicitation of funds or cold calls to customers without the express written approval of the Probation Officer prior to engagement in such employment or business. Further, the defendant shall provide the Probation Officer with access to any and all business records, client lists, and other records pertaining to the operation of any business owned in whole or in part by the defendant, as directed by the Probation Officer." (2)

Troy Worrell, 51, Peniche, Newport Beach, California, was sentenced:

JUDGMENT AND COMMITMENT by Judge Cormac J. Carney as to Defendant Troy Worrell (3), Count(s) 1, 1 day imprisonment, which the Court deems already served. Pay $100 special assessment. Pay total restitution of $100,000. The defendant shall be held jointly and severally liable with co-defendant Jeffrey Greenough for the amount of restitution ordered in this judgment. Interest on restitution ordered waived. All fines are waived. 3 years supervised release under terms and conditions of US Probation Office and General Orders 318 and 01-05. (mt) (Entered: 10/07/2011)

"160 hours of community service"

"The defendant shall not engage as whole or partial owner, employee, or otherwise, in any business involving equipment lease financing programs of any kind, loan programs, telemarketing activities, investment programs, or any other business involving the solicitation of funds or cold calls to customers without the express written approval of the Probation Officer prior to engagement in such employment or business. Further, the defendant shall provide the Probation Officer with access to any and all business records, client lists, and other records pertaining to the operation of any business owned in whole or in part by the defendant, as directed by the Probation Officer." (3)

(1) Greenough

(2) Silver

(3) Worrell

Previous article with complete list of stories:



Classified Ads--- Sales Manager

(These ads are “free” to those seeking employment
or looking to improve their position)

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 .

Fort Myers, Florida
Very experienced and strong skills with both Captive and Specialty Sales Management. Over 25 years , will relocate and travel---successful and team player.

Free Posting for those seeking employment in Leasing:

All “free” categories “job wanted” ads:





Up-Date Tiger Capital Management Alert

(Looks like this company may have hit several leasing companies, and Bernie Boettigheimer, CLP, wants to bring this to the attention of others. Editor):

"Dear Lease Police Subscriber,


"We are presently investigating the following company. If you have had in the past any applications or have one currently please inform me ASAP. Thus far, I have viewed 2 lessee applications and their invoices.

"One proposed lessee had a stolen identity and the two invoices showed a complete different line of products. One invoice had computers and software while the other showed an Eltech Therapy laser. The principal of this company is Ken McGraw, the same individual who appeared in Tiger Capital Management Inc, which was mentioned in Leasing News on February 4, 2011.

Artura Business Services Inc
3422 Old Capital Trail
Wilmington,De. 19808

"By the way, this corporate shell was recently offered for sale over the internet for $920 by Delaware Business Incorporators Inc, which is located at the same address as above."


Bernie Boettigheimer CLP
Lease Police, Inc.

First Lease Police Alert---Tiger Capital Management



(Leasing News provides this ad “gratis” as a means
to help support the growth of Lease Police)


Please send Leasing News and ask them to subscribe. We are Free!


ELFA Conference Ends: “Where Do We Go From Here?”
by Shawn Halladay

The Equipment Leasing and Finance Association 50th Anniversary Convention got off to a great start with a party on Sunday night, but all were ready for business the next morning. On Monday, a full house listened to Martin Regalia, Chief Economist at the US Chamber of Commerce, share his take on the primary concern of the attendees – the economy. He had some good news --no double dip-- and some not so good news-- the government is not yet doing the right things to solve our economic problems. Surprise-Surprise-Surprise!

As expected, lease accounting was a well-discussed topic, getting its fair share of attention, not only in two breakout sessions, but also in the hallways. The impending accounting changes could be behind the growing interest in lease management systems, although this interest also might be reflective of lessors’ increased concern over efficiency and improvement of the bottom line.

Most of the other sessions were fairly typical in content, and included increasing efficiency (business processes, business intelligence and, human capital), discussions of several hot equipment sectors (healthcare and solar energy), and foreign markets (Mexico and Europe). Of particular note was a very topical discussion on states’ quests to increase revenue through aggressive pursuit of property and other taxes.

There was, of course, plenty of attendance at the breakout sessions, which represents another change over the last 50 years. According to several grizzled Convention veterans with whom I spoke, at past conventions, the staff would have to go out and round people up to get them into the sessions. (I have to take them at their word on this, obviously being too young to have witnessed any such activities). In this respect, the Convention has become more business-focused with most attendees actively attending formal and informal meetings throughout its duration.

Business discussions, both company-specific and industry-focused, continued outside of the general meetings, with concerns being expressed over profitability, efficiency, and how to react to the changing conditions. There was solid traffic at the software providers’ exhibit booths, which is an interesting development given that lease management systems have been on the backburner for some time.

The event ended in fine fashion with the Golden Anniversary party outside on the lawn.

As we close the doors on ELFA’s 50th Annual Convention, though, one has to wonder, “Where to from here?”


Shawn Halladay, Managing Director
801 322 4499 direct
801 322 5454 fax
Global Experience Provides Direction

Shawn's biography:

Monday Report from Shawn Halladay:

Smile Camera at Conference



Leasing New Business Improves says ELFA Monthly Index

MLFI-25 New Business Volume
(Year Over Year Comparison)

click image to make larger
(ELFA chart)

Trend is Overall Up from Previous Years

The Equipment Leasing and Finance Association Monthly Leasing and Finance Index for September shows a $7.1 billion month, bringing the past two months of $5.7 billion up to an average of $6.1 billion for the third quarter, making a slight increase. There is no controversy that the last September beat the last two year Septembers. Note the upward trend over the years, also confirmed by the Equipment Leasing and Finance Foundation report, as well as Shawn Halladay’s observations at the ELFA 50th Anniversary Conference in San Antonio, Texas.

(Leasing News chart)

The Equipment Leasing & Finance Foundation's Monthly Confidence Index (MCI-EFI) for October is 50.7, up from the September index of 47.6.

When asked about the outlook for the future, survey respondent Valerie Hayes Jester, President, Brandywine Capital Associates, Inc., said, “The equipment finance industry has weathered and will continue to weather the storms of this economy and all its uncertainty.

"Access to capital is strong, but demand continues to be weak for small business customers. I do not see that dynamic changing in the coming year to 18 months.”

Anthony R. Sasso, President of TD Equipment Finance, a subsidiary of TD Bank, N.A., located in Cherry Hill, NJ, said, “Our results at TD Equipment Finance are consistent with the data in the September MLFI, particularly in the area of New Business Volume.”

“Our 2011 volumes have outpaced 2010 largely driven by growth in the Public Finance, Healthcare, Trucking and Renewable Energy sectors. Our credit quality metrics, aging of receivables and charge offs, also continue to improve from last year. Notwithstanding events in the global economy, we’re seeing slow but steady growth in our pipelines of opportunities.”

ELFA MFLI-25 Charts--September, 2011

Aging of Receivables:

click to make larger

Average Losses (Charge-offs) as a % of net receivables
(Year Over Year Comparison)

click image to make larger

Credit Approval Ratios As % of all Decisions Submitted
(Year Over Year Comparison)

click image to make larger

Total Number of Employees
(Year Over Year Comparison)

click image to make larger

ELFA MLFI-25 Participants
ADP Credit
BancorpSouth Equipment Finance
Bank of America
Bank of the West
BB&T Bank
BMO Harris Equipment Finance Company
Canon Financial Services
Caterpillar Financial Services
De Lage Landen Financial Services
Dell Financial Services
EverBank Commercial Finance
Fifth Third Bank
First American Equipment Finance
Hitachi Credit America
HP Financial Services
Huntington Equipment Finance
John Deere Financial
Key Equipment Finance
M&T Bank
Marlin Leasing
Merchants Capital
PNC Equipment Finance
RBS Asset Finance
SG Equipment Finance
Siemens Financial Services
Stearns Bank
Susquehanna Commercial Finance
US Bancorp Equipment Finance
Verizon Capital
Volvo Financial Services
Wells Fargo Equipment Finance

Previous MLFI-25 Monthly Reports:

Why Choose Advanced Property Tax Compliance?

Dedicated to the leasing industry
click here to learn more.

Hear What Our Clients say about us
click here

Gary DiLillo, President 216-658-5618 or



ELFA Names New Chairman/Board of Directors

Elected at the Equipment Leasing and Finance Association 50th Annual Conference in San Antonio, Texas was Crit DeMent, Chairman and CEO of LEAF Commercial Capital and LEAF Financial, who was named the Chairman of the Board.

---and Rick Remiker, President of Huntington Equipment Finance, who is now Chairman-elect. He formerly was chief administrative office for RBS Asset Finance, Managing Director, Merrill Lynch Capital, and President and COO, Key Equipment Finance; prior regional manager, US Leasing and district sales manager, CIT.

DeMent has been Chairman of the Board of Directors and Chief Executive Officer since he joined LEAF Financial, part of Resource America, Inc. in November 2001. Before that, he was President of Fidelity Leasing, Inc. 2001, sold to Resource America, Inc. He served as Vice President of Marketing for Tokai Financial Services from 1987 through 1996.

Jonathan Cohen, CEO and President, commented, "Everyone at Resource America wants to extend their congratulations to Crit on this significant achievement. Crit is taking on a very critical role in supporting the equipment finance industry and I am confident that he will do a great job leading the organization during this challenging economic time."

The new members of the ELFA Board of Directors include:

  • Robert Boyer, President, Susquehanna Commercial Finance, Inc.
  • Susan Carol, APR, CEO, Susan Carol Associates Public Relations,
  • Daniel McCabe, Senior Vice President, Sales and Marketing, U.S. and Canada, John Deere Financial

ELFA Vice-Chairs

  • Adam D. Warner, President, Key Equipment Finance;
  • Robert J. Rinaldi, Senior Vice President, CSI Leasing;
  • James McGrane, President and CEO, EverBank Commercial Finance, Inc.

Part of the Executive Committee:

  • Thomas M. Jaschik, President, BB&T Equipment Finance, continues to serve as Treasurer
  • Paul Stilp, ELFA’s Vice President of Finance and Administration, will continue to serve as Secretary.
  • William G. Sutton, CAE, serves as President and CEO.
  • David Merrill, President, Fifth Third Equipment Finance Company, is Immediate Past Chairman.

In addition to Boyer, Carol and McCabe, the following are also members of the ELFA Board of Directors:

  • Kent Adams, President, Caterpillar Financial Services Corporation
  • Thomas Askounis, President/Shareholder, Askounis & Darcy, P.C.
  • Anthony Cracchiolo, President and CEO, Vendor Services, U.S. Bancorp Equipment Finance
  • Steve A. Grosso, President and CEO, CoActiv Capital Partners
  • Stanley Herkelman, President, GreatAmerica Leasing Corporation
  • Lauren Hill, Senior Vice President, Mesirow Financial Consulting
  • Harry J. Kaplun, President, Frost Equipment Leasing and Finance
  • Anthony Pacchiano, Vice President and General Manager, ADP Commercial Leasing
  • Richard L. Ross, President, Summit Funding Group
  • Fred Sasser, President, Chicago Freight Car Leasing Co.
  • David T. Schaefer, CLP, President, Orion First Financial
  • Larry A. Smilie, Managing Director, Banc of America Leasing
  • Jud Snyder, President, BMO Harris Equipment Finance Company
  • William F. Stephenson, Chairman, Global Vendor Finance, De Lage Landen Financial Services
  • Louis J. Vigliotti, Senior Managing Director, GE Capital Markets Group
  • Derek C. Wilkins, Vice President, Financial and Workplace Services, Steelcase, Inc.

Mr. Terry Winders, CLP
Anaheim, California

December 12-14th
Two and One Half-Day Seminar

The seminar will contain information on how to approach leasing in 2012 with the following subjects:

  • New lease language
  • Proposed new accounting rules for lessee's
  • Structuring and pricing for competition
  • Income tax rules, Article 2A vs. Article 9
  • New reasons to lease
  • Questions to ask lessee
  • Vendor needs
  • Credit enhancements
  • Documentation issues

and a take home assignment to see how to propose a lease.

Cost $450 per person

sponsored by
Commerce National Bank
4040 MacArthur Blvd. Suite 100
Newport Beach CA 92660
(Orange County Airport is a half-mile away)

To request a complete outline contact: or for questions call 502-649-0448


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



Leasing Association 2011 Conferences



November 2--November 4, 2011
Association of Government Leasing and Finance
Annual Fall Conference
Waldorf Astoria, Orlando, Florida

Business executives, attorneys, bankers, brokers, CPA’s, financial advisors,
investment bankers, document specialists, syndicators, credit and sales personnel
will all benefit from attending.

Conference Brochure:

Member: $850.00
Non-Member: $975.00
Government: $400
Guest: $200
(First Time Attendee -10%)


Hotel Registration:



November 6-7, Sunday, Monday
NEFA Expo Super Regional
Teaneck Marriott at Glenpointe
Teaneck, NJ

Co-Chaired by
George Parker Leasing Technologies International, Inc.,
Bruce Winter, FSG Leasing, Inc



Exhibitors To Date:

Allegiant Partners, Chris Enbom, CLP
Bank of the West, Steve Crane, CLP
Boston Financial & Equity, Debbie Monosson
Dakota Financial, Michael Green
Entrepreneur Growth Capital, Todd Scherer
Financial Pacific Lasing, LLC, Terey Jennings, CLP
Great American Insurance, Tara Aasand
Lean, Eve Hundt
Lease Team, Randy Haug
Pawnee Leasing, Gary Souverein
RLC Funding, Dwight Galloway, CLP
RTR Services, Lynn Wicker

More Information about Exhibitors

November 11-12
Hilton, Orange County
Costa Mesa, California

Full Schedule:

Registration Form with fees:

NAELB Western Regional Exhibitors
(As of October 25, 2011)

360 Equipment Finance
Allegiant Partners Incorporated
Amerisource Funding
Ascentium Capital
Axis Capital, Inc.
Blue Bridge Financial, LLC
Commerce National Bank
Dakota Financial, LLC
Financial Pacific Leasing, LLC
Maxim Commercial Capital, LLC
Pawnee Leasing Corporation
Preferred Business Solutions
Quail Capital Corp.
Quiktrak, Inc.
Stalwart Contract Finance, LLC
TEAM Funding Solutions
Tetra Funding Group
TimePayment Corporation

(Reportedly there are two more
going through the screening process)

National Equipment Finance Summit
March 22-24, 2012
San Diego, CA



April 26-28, 2012
Denver Sheraton Downtown Hotel
Denver, Colorado


To view Leasing Association Events-Meetings Open to All, please click here.







Leasing Industry Help Wanted

Midwest Sales Representative
(as far east as Michigan, as far west as Colorado, as far
south as Texas, and as far north as Minnesota)

Construction, Trucking, Machine Tools, Waste Equipment
Credit application only up to $250K, vendor driven, fast approvals
contact: Chris Chiappetta at 

In the last 25 years National Machine Tool Financial has evolved into the premier outsource captive finance company for many major manufacturers.


Business Risk Manager
Extensive industry knowledge with
strong technical/analytical skills. Relocation not required.
For more information, please click here

Western Equipment Finance, a subsidiary of Western State Bank
established in 1901, solicits originations throughout the US and
provides funding solutions for a wide range of industries

For information on placing a help wanted ad, please click here:

Please see our Job Wanted section for possible new employees.




Story Credit Lessors---Up-Date

Advantage Funding
Agility Ventures
Allegiant Partners Incorporated
American Leasefund, Inc.
Bankers Capital
Black Rock Capital
BSB Leasing, Inc

Calfund, LLC
Cobra Capital, LLC
Commerce National Bank Leasing
Dakota Financial
Forum Financial Services, Inc.
Gonor Funding
Maxim Commercial Credit
National Machine Tool Financial

Northwest Leasing Company, Inc.
Pawnee Leasing Corporation
Standard Professional Services, LLC
TEAM Funding Solutions


These companies specialize in "C" and "D" credits, often new businesses, or businesses where the principal(s) have Beacon score around 600 or previous difficulties; meaning to become comfortable with the credit and financial situation you need to learn the "story" to make a positive decision, often requiring further security, shorter term, or additional guarantors. Many of these companies may also have programs for “A” and “B” rated companies, but their specialty is not being a “cookie cutter” and often require full financial statements and tax returns as well as a “story about the company, its history, goals, circumstances” to fully understand the full financial picture.

To qualify for this list, the company must be a funder (as qualified by Leasing News and on the “Funder List” and not a "Broker/Lessor" or "Super Broker/Lessor", along with an acceptable Better Business Bureau Rating and no history of complaints at Leasing News, as well as notifying lessees in advance when the lease will end and what the residual will be, specifically not automating extra lease payments. We reserve the right to not list a company who does not meet these qualifications.

Full Story Credit List:




New iPhone 4S (for seniors)


Zagat's 2012 Top Restaurants plus trends

Atlanta - Bacchanalia   Honolulu - Sushi Sasabune Philadelphia - Vetri
Atlantic City - Old Homestead Houston - Le Mistral Phoenix/Scottsdale - Kai
Austin - Uchi Kansas City - Justus Drugstore Portland, OR - Painted Lady
Baltimore/Annapolis - Charleston Las Vegas - Joel Robuchon Sacramento - Taste
Boston - O Ya Long Island - North Fork Table Salt Lake City - Mariposa
Charlotte - Barrington's Los Angeles - Matsuhisa San Antonio - Dough
Chicago - Les Nomades Milwaukee - Roots San Diego - Market
Cincinnati - Boca Minneapolis/St. Paul - La Belle Vie San Francisco - Gary Danko
Cleveland - Chez Francois Naples, FL - Cote d'Azur Seattle - Cafe Juanita
Columbus - LAntibes New Jersey - Nicholas St. Louis - Niche
Connecticut - Le Petit Cafe New Orleans - Bayona Tampa/Sarasota - Beach Bistro
Dallas/Ft. Worth - Bonnell's New York City - Le Bernardin Tucson - Fleming's Prime
Denver Area - Fruition Orange County - Marche Moderne Washington, DC - Marcel's
Detroit - Lark Orlando - Victoria & Albert's West./HRV - Sushi Nanase

"Zagat released the results of its 2012 America’s Top Restaurants survey today, which incorporates the votes of more than 156,000 consumers who dine out an average of 3.1 times a week. Top restaurant picks include O Ya in Boston, Le Bernadin in New York City, Gary Danko in San Francisco and Matsuhisa in Los Angeles, among others.

“The survey also covered current trends among diners, including spending habits and opinions about restaurant standards and behavior. Some 27% of surveyors reported spending more per meal this year over last year, while 14% spent less. American diners on average spend $35.65 per meal, a modest increase from last year’s $35.37. The average tip left by American diners is 19.2%, a figure that has grown steadily over the past 10 years.

“Some 81% of those surveyed support the requirement that restaurants post their health department letter grades, adding that those grades influence their restaurant choice. The survey also found that 66% of diners cite poor service as their top complaint when dining out, though this figure has been as high as 72% in past years.

"Despite the growth of deal websites like Groupon and Living Social, 56% of American diners report that they rarely or never make use of these programs."

Shanken News Daily

Full Press Release from Zagat’s with details:



Small Banks Lag in Deposit Growth, But Deal-Makers Surge

So-Called “Smaller” Bank President Make Comments

While a recent article noted the highest deposit growth of banks with over $50 billion in assets, SNL reports that banks with $1 billion or fewer assets showed a negative growth of 0.57%, primarily due to the "recession-induced crush of small-bank failures during the period and a related 'flight to quality,' “ as U.S. Bancorp Chairman and CEO Richard Davis routinely puts it.

"In essence, customers in markets where a community bank has faltered have often taken their money to a larger bank, viewing it a safer bet than a neighboring small-town bank, making notable growth difficult for the remaining community banks even as customers put more of their money into savings accounts."

Here is an SNL article with comments from bank presidents showing the deposit growth between $1 billion and $10 billion in assets, as well as $10 billion and $50 billion in assets.

John Kenny Receivables Management

• End of Lease Negotiations & Enforcement

• Fraud Investigations
• Credit Investigations • Asset Searches
• Skip-tracing • Third-party Commercial Collections | ph 315-866-1167|


(Leasing News provides this ad as a trade for investigations
and background information provided by John Kenny)




Financial Transactions in Malaysia: Valid under Islamic law?

The purchasing and payment for houses under construction, as well as it may affect all financial transactions, including leasing, question Islamic banks and financial institutions in Malaysia. An article by Nuarrual Hilal Md. Dahlan, Universiti Utara Malaysia, and Sharifah Zubaidah Syed Abdul Kader Aljunid, International Islamic University Malaysia, investigates transactions on purchasing houses specifically on transactions involving houses pending completion using the current practice of ‘sale by deferred payment’ also known as Bay’ Bithaman al-Ajil (BBA).

Companies considering expansion into doing business in such countries should take notice of this article.

According to Dr. Djuke Veldhuis,, "Islamic banking gained foothold in Malaysia, with the establishment of Bank Islam Malaysia Berhad in 1983 and facilities have since expanded. Products include Wadiah - where the bank acts as the safe-keeper of deposits but may provide returns to the depositors as a gift; Murabahah, or partnership and equity financing; Ijarah – leasing; Musharakah – partnership and Bay’ Bithaman al-Ajil – sale by deferred payment. Nuarrual Hilal Md. Dahlan and Sharifah Zubaidah Syed Abdul Kader Aljunid looked at sale and purchase and loan agreement to see if they comply with the requirements of the Islamic Law in protecting stakeholders and to provide practical suggestions to improve the existing practice.

"Though in a landmark decision by the court of appeal in Malaysia in 2009 to legalize this arrangement as compliant with the shariah requirement, the authors of this paper are of the opinion that the transaction involves elements of gharar al-fahish or ‘excessive profit with deception’ and asks the question: “how could the bank as the ‘owner’ of the house, become a ‘chargee’ to their own asset?”. Thus, the positions and status of the house, the charge, the ownership, the purchaser, the bank and the developer in BBA transaction are ambiguous and not certain.

"The authors conclude that the current practice of Bay’ Bithaman al-Ajil – whereby the good is sold immediately and the payment deferred to a later date – contradicts with the teachings of Islam and should be revamped until it is fully able to protect the interests of the purchasers/borrowers."

Research Paper from Journal of Social Sciences & Humanities (JSSH:)

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

NetSol--- First U.S.-Based Company to Offer Cloud-Delivered
Leasing and Finance Solution

CALABASAS, Calif., -- NetSol Technologies Inc. (Nasdaq:NTWK), a worldwide provider of global IT and enterprise application solutions, said it is joining a select group of technology companies to exhibit today at the 50th annual convention of the Equipment Leasing & Finance Association (ELFA), taking place in San Antonio, Texas. Drawing more than 900 industry senior managers, entrepreneurs, and industry experts from 500-plus organizations in the United States, the meeting is the premier showcase for the industry's software and service providers.

NetSol's key objective at the event is to continue to build industry awareness of its recently-announced cloud computing entry, LeasePak Software-as-a-Service. The first cloud-delivered leasing and finance accounting and portfolio management solution to be offered by a U.S.-based software provider, LeasePak SaaS provides new options for companies looking for a robust, fully scalable solution for a cost-effective monthly subscription fee.

"LeasePak SaaS represents an exciting new direction for NetSol's North American team and we are very gratified by the enthusiastic reception it has already received," said Najeeb Ghauri, chairman and CEO of NetSol Technologies.

"The industry has been looking for innovative ways to cope with the challenges of the current business environment; LeasePak SaaS provides an affordable alternative to traditional, licensed-based systems. Our cloud-based portfolio management solution delivers affordable enterprise-level accounting and portfolio management functionality with no limits to future growth in business volumes or operational team size."

Information about LeasePak SaaS is available online at

About NetSol Technologies
NetSol Technologies, Inc. ( is a worldwide provider of global IT and enterprise application solutions that include credit and finance portfolio management systems, SAP consulting and services, custom development, systems integration, and technical services for the global Financial, Leasing, Insurance, Energy, and Technology markets. Headquartered in Calabasas, Calif., NetSol's product and services offerings have achieved ISO 9001, ISO 20000, ISO 27001, and SEI (Software Engineering Institute) CMMI (Capability Maturity Model) Maturity Level 5 assessments, a distinction shared by only 178 companies worldwide. The company's clients include Fortune 500 manufacturers, global automakers, financial institutions, utilities, technology providers, and government agencies. NetSol has delivery and support locations in San Francisco, London, Beijing, Bangkok, Lahore, Adelaide and Riyadh.

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Columbus, Ohio -- Adopt-a-Dog


* Breed: Great Pyrenees/Chocolate Lab mix
* Sex: Female
* Age: 2.5 years

"Hi my name is Lacey. I am a 2.5 year old female and a Great Pyrenees/Chocolate Lab mix. My foster mom says I present a bit more of the lab in my personality. I love to be pet and will let you know if you aren’t paying enough attention to me. I also love to play outside and go for walks. Sometimes when I don’t walk well on my leash it’s because I would prefer to trot. I know some basic commands and am a real snuggler. I can be shy around new people and men but give me some time and I will warm up, especially if you shower me with pets."


A.D.O.P.T. Pet Rescue, Inc.
P.O. Box 1861
Westerville, OH 43086

Adopt-a-Pet by Leasing Co. State/City

Adopt a Pet



Client Looking For A Leasing Attorney

Birmingham, Alabama
The lawyers of Marks & Weinberg, P.C. have over 30 years experience in dealing with virtually every type of equipment financing and are recognized throughout the industry for prompt, practical solutions and exemplary service. They offer cost-conscious, effective lease enforcement and good counsel.
California, National: city: Riverside
Ellen Stern - get results, reasonable pricing; numerous industry contacts, nearly 30 yrs SoCal, 20 yrs equip.: CFL license specialist, documentation, work-outs, litigated collections, recoveries; deal-maker.

Kenneth C. Greene
California & Nevada
Hamrick & Evans, LLP, Universal City , LA; San Francisco Bay
Area, No.Calif. & Nevada. Call for free consultation (828)763-5292 or (415) 806-2254,
Connecticut, Southern New England:
EVANS, FELDMAN & BOYER, LLC Collections, litigation, documentation, portfolio sales and financing, bankruptcy. We represent many of the national and local leasing companies doing business in this state. Past chairman EAEL legal committee. Competitive rates.
Los Angeles, Southern CA
Seasoned attorney representing secured creditors in auto finance and truck/equipment lease industry.  Bankruptcy and State Court litigation.   Vincent V. Frounjian (818) 990-0605 or email:

Encino, California: Statewide “ELFA”
Hemar, Rousso & Heald, LLP 30 yr excellent reputation Lessor representation commercial litigation, debt collection, and bankruptcy.
Call Stephen E. Jenkins Esq (818) 501-3800

Los Angeles, Statewide: CA.     "ELFA" Aggressive creditors rights law firm specializing in equipment leasing handling collection matters on a contingency, fixed fee or hourly cbasis.

Los Angeles -statewide: CA      "ELFA"
Practice limited to collections, bankruptcy and problem accounts resolution. Decades of experience. 10-lawyer firm dedicated to serving you. Call Ronald Cohn, Esq. (818)591-2121 or email. Email:   

Long Beach, CA
Wagner & Zielinski,  successfully representing lessees/ lessors.  Not a member of any leasing organization, therefore not beholden to special interests.  Richard Wagner
(562) 216-2952

Long Beach CA.
Paul Bent -- 30 years experience in all forms of equipment leasing, secured lending, and asset based transactions, from analysis and deal structuring to contract negotiations to closing to private dispute resolution. (562) 426-1000

Law Firm - Service, Dallas, TX. "ELFA"
Mayer regularly practices in leasing, secured financing, project development and finance and corporate finance.

National: Coston & Rademacher: Business attorneys serving the lease-finance industry since 1980. Transactional, documentation, corporate/finance, workouts, litigation, bankruptcy, portfolio management. Chicago-based national practice. Jim Coston, CLP (Members: ELFA, NEFA).

National:  The OMEGA Network Group-nationwide legal representation of small and mid ticket equipment lessors-flat fee bankruptcy & replevin, contingent collection,
billable litigation (704-969-3280)

St. Louis County , MO. - statewide:
Schultz & Associates LLP., collections, negotiation, and litigation. Also register and pursue recovery on foreign judgments. Contingency and reasonable hourly rates.
Ronald J. Eisenberg, Esq. (636) 537-4645 x108
NJ,De,Pa: Specializing in leased equipment/secured transactions. Collections, replevins/workouts reasonable rates. Sergio Scuteri/Capehart & Scratchard, PA /
Thousand Oaks, California:
Statewide coverage Spiwak & Iezza, LLP 20+ years experience,Representing Lessors banks in both State/ Federal Courts/ all aspects of commercial leasing litigation.
Nick Iezza 805-777-1175



Free for Attorneys to post their legal services, who specialize in equipment leasing (here are requirements:)

John Kenny Receivables Management

• End of Lease Negotiations & Enforcement
• Fraud Investigation
• Credit Investigations
• Asset Searches
• Skip-tracing
• Third-party Commercial Collections

The Solution to Your Credit & Accounts Receivable Needs
John Kenny
315-866-1167 |

News Briefs---

CIT Reports In Red

Atlanta Bread Company franchisees among worst-performing SBA borrowers

Gold jumps above $1,700

U.S. Is Set to Charge Major Executive In Trading Case

Chaz Bono and Partner eliminated from "Dancing with the Stars"




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Tank”—A dog story you won’t forget




Sports Briefs----


Don Rickles is a hotter ticket than the Dodgers,0,3224961,full.column

La Russa calls bullpen blunder 'embarrassing'

Former Raiders QB JaMarcus Russell's tale still sad, mystifying

NFL Teams Yawn at Terrell Owens Comeback

Dillon Baxter is dropped from USC football program,0,4912778.story?track=rss


California Nuts Briefs---

Police use tear gas on Oakland protesters for third time (8:30pm, Calif. time)
Live Blog:

Alameda animal shelter to be run by volunteers

Michelin Winners in the San Francisco Bay Area:

Cost of college leaps higher, led by increase in California



“Gimme that Wine”

The New York Wine Experience kicks off with the Grand Tastings

Sweet Dreams in Tokaj

Shelf crash destroys 6,810 wine bottles

Pure Montalcino, Minus the Wait

Free Mobile Wine Program

Wine Prices by vintage

US/International Wine Events

Winery Atlas\

Leasing News Wine & Spirits Page


This Day in History

    1682 - William Penn accepted the area around Delaware River from Duke of York.
    1774 - The First Continental Congress adjourned in Philadelphia.
    1774 - Minutemen were selected in the American colonies. The terms militia and minutemen are sometimes used interchangeably, but there was a difference between them. Militia were military units formed to protect their towns from foreign invasion. Minutemen, on the other hand, were a small elite force, hand-picked by militia commanders, which were required to be able to assemble quickly. Usually 25 years of age or younger, they were chosen for their enthusiasm, reliability, and physical strength. Usually about a fourth of the militia served as Minutemen. Although today Minutemen are thought of as originating in the War for Independence, they actually began in Massachusetts during as early as 1645. Equipped with matchlocks or pikes, they were to report within half an hour of being warned. One thing the Minutemen lacked was central leadership, a flaw that would lead to their dissolution. At Concord, Minutemen companies from Concord, Acton, Littleton, and other towns combined their units. They were sent to the North Bridge in Concord with a number of light infantry. After a few volleys were fired, the British light infantry retreated back to the Concord Common area. Lacking central command, each company of Minutemen chose their own action and they did not pursue the redcoats. In the running battle that ensued fifteen miles back to Boston the Massachusetts militia would see their last action as Minutemen in history. The militia would go on to form an army, surrounding Boston and inflicting heavy casualties on the British army at Bunker and Breed's Hill.
    1785-The first mule born in the United States was bred from a jackass sent to President George Washington, which arrived this day in Boston, MA.. The exportation of full-blooded jacks from Spain was prohibited, but King Charles III of Spain, learning of Washington’s interest, sent him two jacks and two jennets. Mules became the staple of farmer’s in the US for many years to come. Washington was also the first to start producing whiskey in the United States in wooden barrels. His farm manager was from Scotland, had a plan for the surplus corn and other plantings they could not sell to turn into whiskey to trade and store. Washington looked into it and made the investment. While others were making this product in American, Washington decided to expand the product and use wooden barrels as they did in Scotland to store the whiskey, and also age it. Most domestic whiskey was distilled, bottled, and sold or stored. Washington’s one and five year old whiskey was sought after and if you tour his house and property, there are still examples of this product for view, some in special wooden boxes, another idea he had to make it different than the rest. Like Jefferson, Washington was a “farmer” but a businessman looking for new ideas and products.
    1787 - "Federalist Papers," a series of articles written under the pen name of Publius by Alexander Hamilton, James Madison, and John Jay, were published and called for ratification of Constitution. Madison, widely recognized as the Father of the Constitution, would later go on to become President of the United States. Jay would become the first Chief Justice of the US Supreme Court. Hamilton would serve in the Cabinet and become a major force in setting economic policy for the US.
    1825-The Erie Canal, the first US major man-made waterway, was opened this day in 1825,providing a water route from Lake Erie to the Hudson River. Construction started July 4, 1817, and the canal cost $7,602,000. Cannons fired and celebrations were held all along the route for the opening. It enhanced commerce and the expansion of the country Westward.
    1850--Reports from Sacramento City, California, say 57,000 miners are at work in the gold fields.
    1858- Hamilton Smith of Philadelphia, PA, obtained a patent for a washing machine with rotary motion. It was equipped with a crank that was turned by hand, caused a perforated cylinder with a wooden shell to revolve. Smith continued to improve his machine and in 1863 secured patent protection on a self-reversing-motion attachment to the machine.
    1859 - New York City had their earliest substantial snow of record as four inches blanketed the city.
    1881 –Gun Fight at OK Coral. Newspapers, the media, the enactment at fairs and circuses that traveled the country have made this 30 second event the defining moment of the wild west. In the small town of Tombstone, Arizona Territory, the famous gun fight occurred when a group of drunken ranch hands threatened to kill the popular town gamblers and players Wyatt Earp, Morgan Earp, Virgil Earp, and Doc if they didn't get out of Tombstone, the whole town watched to see the outcome. In the 1880's, Tombstone was largest city between St. Louis and San Francisco and had become the most cultivated city in the West. ( Underground water found in the mines and falling silver prices ended Tombstone's mining and population boom in 1886. )
On October 26, 1881, Virgil received word that the Cowboys were gathering at the O.K. Corral, and that they were armed, which was against city law. Doc met the Earps on Fourth Street on their way to the O.K. Corral and demanded that he be allowed to join them in their little walk. Five men, potential killers, lay in wait. When Wyatt Earp and Billy Clanton opened the battle, Doc shot Billy in the chest, then cut Tom McLaury down with a double charge of buckshot. The life was blasted from McLaury before he struck the ground. Although, Wyatt allowed Ike Clanton to run from the fight scene, Holliday was not so generous. He was a lady’s man, a dentist who made his living gambling, a known drug addict and alcoholic, who was the most angry. He threw two shots at Ike as he fled, missing him narrowly. A bullet from Frank McLaury cut into Doc's pistol holster and burned a painful crease across his hip. Doc's return shot smashed into McLaury's brain. Less than thirty seconds after the opening shot, three men lay dead and three were wounded. Doc had shot each of the dead cowboys at least once. Virgil had been shot in the leg and Morgan through both shoulders. Only Wyatt Earp has survived the fight untouched. He later traveled the West, promoting the famous gun fight, and was known as a man who also made his living by gambling and the support of women who were attracted to this handsome, traveling man. Tom and Frank McLowery and also Billy Clanton are among those buried in Tombstone's infamous Boot Hill Cemetery, visited by many tourist yearly. Tombstone had survived the Great Depression and removal of the County Seat to Bisbee, located 25 miles south of Tombstone. Tombstone's survival in the 1930's earned it the title of the "Town Too Tough To Die", as reported by the St. Louis Post Dispatch in 1932. In 1962, the Department of the Interior named Tombstone a Registered Historic Landmark. The late 1950’s television show “The Life and
Legend of Wyatt Earp” starring handsome Hugh O’Brien with his famous flat hat and long nose pistol was one of the highest rated shows of its time. It was considered the first “adult” TV western. My late father Lawrence Menkin wrote many of the episodes. Following the cowboy movie re-runs in the early 1950’s as television was primarily local,
when it became a network media, westerns became the rage among viewers.
    1911- Singer Mahalia Jackson birthday (some wonderful albums are available of this singer.)
    1913 -bandleader Charlie Barnet born, New York City.
    1916-- Margaret Sanger arrested for obscenity (advocating birth control)
    1919 - The temperature at Bismarck, ND, plunged to ten degrees below zero, the earliest subzero reading of record for the city, and a record for the month of October.
    1927- tenor sax player Wayne Marsh born.
    1927- Adelaide Hall records “Creole Love Call” with Duke Ellington.
    1934-- Cole Porter records "You're The Top"
    1935- The NBC Radio show Lux Radio Theatre presents its newest find -- a 12-year-old girl singer named Judy Garland.
    1942 -- Japanese attack Guadalcanal, sinking two U.S. carriers. 
    1942 -- U.S. Navy aircraft carrier Hornet is sunk in the Battle of Santa Cruz Island, in the South Pacific.
    1942---PAIGE, MITCHELL---Medal of Honor
Rank and organization: Platoon Sergeant, U.S. Marine Corps. Place and date: Solomon Islands, 26 October 1942. Entered service at: Pennsylvania. Born: 31 August 1918, Charleroi, Pa. Citation: For extraordinary heroism and conspicuous gallantry in action above and beyond the call of duty while serving with a company of marines in combat against enemy Japanese forces in the Solomon Islands on 26 October 1942. When the enemy broke through the line directly in front of his position, P/Sgt. Paige, commanding a machinegun section with fearless determination, continued to direct the fire of his gunners until all his men were either killed or wounded. Alone, against the deadly hail of Japanese shells, he fought with his gun and when it was destroyed, took over another, moving from gun to gun, never ceasing his withering fire against the advancing hordes until reinforcements finally arrived. Then, forming a new line, he dauntlessly and aggressively led a bayonet charge, driving the enemy back and preventing a breakthrough in our lines. His great personal valor and unyielding devotion to duty were in keeping with the highest traditions of the U.S. Naval Service.
    1944 - The United States navy beat the Japanese at Leyte Gulf in the Philippines after three days of what is seen as one of history's great sea battles. More than 30 ships were sunk, most of them Japanese including their last four aircraft carriers.
    1946--CARSWELL, HORACE S., JR. (Air Mission) Medal of Honor
Rank and organization: Major, 308th Bombardment Group, U.S. Army Air Corps. Place and date: Over South China Sea, 26 October 1944. Entered service at: San Angelo, Tex. Birth: Fort Worth, Tex. G.O. No.: 14, 4 February 1946. Citation: He piloted a B-24 bomber in a one-plane strike against a Japanese convoy in the South China Sea on the night of 26 October 1944. Taking the enemy force of 12 ships escorted by at least 2 destroyers by surprise, he made 1 bombing run at 600 feet, scoring a near miss on 1 warship and escaping without drawing fire. He circled. and fully realizing that the convoy was thoroughly alerted and would meet his next attack with a barrage of antiaircraft fire, began a second low-level run which culminated in 2 direct hits on a large tanker. A hail of steel from Japanese guns, riddled the bomber, knocking out 2 engines, damaging a third, crippling the hydraulic system, puncturing 1 gasoline tank, ripping uncounted holes in the aircraft, and wounding the copilot; but by magnificent display of flying skill, Maj. Carswell controlled the plane's plunge toward the sea and carefully forced it into a halting climb in the direction of the China shore. On reaching land, where it would have been possible to abandon the staggering bomber, one of the crew discovered that his parachute had been ripped by flak and rendered useless; the pilot, hoping to cross mountainous terrain and reach a base. continued onward until the third engine failed. He ordered the crew to bail out while he struggled to maintain altitude. and, refusing to save himself, chose to remain with his comrade and attempt a crash landing. He died when the airplane struck a mountainside and burned. With consummate gallantry and intrepidity, Maj. Carswell gave his life in a supreme effort to save all members of his crew. His sacrifice. far beyond that required of him, was in keeping with the traditional bravery of America's war heroes.
    1949— President Truman signed a bill raising the minimum wage in certain industries engaged in interstate commerce from 40 cents to 75 cents an hour.
    1949 -The San Francisco Seals of the Pacific Coast League complete an Asian tour which includes five Japanese games. One of the Japanese games draws over 100,00 fans to watch Lefty O'Doul's team.
    1950---Top Hits
Goodnight Irene - The Weavers
All My Love - Patti Page
Harbor Lights - The Sammy Kaye Orchestra (vocal: Tony Alamo)
I’m Moving On - Hank Snow
    1951-- Rocky Marciano defeats Joe Louis at Madison Square Garden
    1951--SKINNER, SHERROD E., JR. Medal of Honor
Rank and organization: Second Lieutenant, U.S. Marine Corps Reserve, Battery F, 2d Battalion, 11th Marines, 1st Marine Division (Rein.). Place and date: Korea, 26 October 1952. Entered service at: East Lansing, Mich. Born: 29 October 1929, Hartford, Conn. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty as an artillery forward observer of Battery F, in action against enemy aggressor forces on the night of 26 October 1952. When his observation post in an extremely critical and vital sector of the main line of resistance was subjected to a sudden and fanatical attack by hostile forces, supported by a devastating barrage of artillery and mortar fire which completely severed communication lines connecting the outpost with friendly firing batteries, 2d Lt. Skinner, in a determined effort to hold his position, immediately organized and directed the surviving personnel in the defense of the outpost, continuing to call down fire on the enemy by means of radio alone until his equipment became damaged beyond repair. Undaunted by the intense hostile barrage and the rapidly-closing attackers, he twice left the protection of his bunker in order to direct accurate machine gun fire and to replenish the depleted supply of ammunition and grenades. Although painfully wounded on each occasion, he steadfastly refused medical aid until the rest of the men received treatment. As the ground attack reached its climax, he gallantly directed the final defense until the meager supply of ammunition was exhausted and the position overrun. During the 3 hours that the outpost was occupied by the enemy, several grenades were thrown into the bunker which served as protection for 2d Lt. Skinner and his remaining comrades. Realizing that there was no chance for other than passive resistance, he directed his men to feign death even though the hostile troops entered the bunker and searched their persons. Later, when an enemy grenade was thrown between him and 2 other survivors, he immediately threw himself on the deadly missile in an effort to protect the others, absorbing the full force of the explosion and sacrificing his life for his comrades. By his indomitable fighting spirit, superb leadership, and great personal valor in the face of tremendous odds, 2d Lt. Skinner served to inspire his fellow marines in their heroic stand against the enemy and upheld the highest traditions of the U.S. Naval Service. He gallantly gave his life for his country.
    1952- "Victory at Sea" premiered on TV. The video series does not give it justice, as many of the clips were repeated in the series, in the early days of television. The score, orchestrated by Robert Russell Bennett was written by Richard Rodgers. In 1953, "No Other Love", adapted from one of the score's songs, became a hit for Perry Como.
    1954 - Chevrolet introduces the V-8 engine. 
    1955 - Rebel Without a Cause, starring James Dean, Natalie Wood, and Sal Mineo, premiered in New York.
    1955 - The Village Voice is first published, backed in part by Norman Mailer.
    1955 - No. 1 Billboard Pop Hit: ``Autumn Leaves,'' Roger Williams. 
    1958---Top Hits
It’s All in the Game - Tommy Edwards
Rock-in Robin - Bobby Day
Topsy II - Cozy Cole
City Lights - Ray Price
    1958 - The first New York - Paris transatlantic jet passenger service is inaugurated by Pan Am, while the first New York - London transatlantic jet passenger service is inaugurated by BOAC.|
    1958- Berlin, Germany's first rock and roll concert ever is staged, a performance by Bill Haley and his Comets that ends in chaos when the East Berliners in the crowd of 7,000 begin to fight with the West Berliners. Twenty policemen are injured.
    1959--- The Everly Brothers leave their old label, Cadence, for Warner Brothers.
    1960- In a move designed to get a jump on the National League in the expansion race, the American League grants franchises to Washington and Los Angeles and okays the Senators move to Minnesota.
    1961--- Bob Dylan signs with Columbia Records, his first recording contract.
    1962-Bob Dylan records "Corrina, Corrina"
    1962-- The first Motown "revue" tour begins in Washington DC, featuring Mary Wells, Marvin Gaye, Martha and the Vandellas, the Contours, Stevie Wonder, and the Marvelettes.
    1962-an early season snowstorm brought 4.7 inches of snow to Worcester, MA and 3.6 inches to Portland, ME. Greenville, ME had 13.9 inches. All were new records for the heaviest snow early in the season.
    1962 - JFK warned Russia that the US would not allow Soviet missiles to remain in Cuba. Nikita Khrushchev sent note to JFK offering to withdraw his missiles from Cuba if US closed its bases in Turkey. The offer was rejected. A boarding party from the Pierce and Kennedy executed the first quarantine interdiction of the Marucla. A tanker, the Groznyy is placed under aerial surveillance. Three more Soviet ships en route to Cuba were reported to have changed course and were returning to their ports of departure. They were the Vishnevsky, Okhotsk, and Sergev Botkin. Later in the day, Lawrence and MacDonough were shadowing Groznyy. The tanker had several cylindrical tanks topside and had declared them to contain ammonia.
    1963 - Natalie Merchant, at one time the vocalist for the band 10,000 Maniacs, is born in Jamestown, N.Y.
    1964-- On the last day of recording their fourth album, Beatles for Sale, the Beatles are visited by rockabilly legend Carl Perkins, an early idol of theirs. The group decides then and there to cover Perkins' "Honey Don't." At one point, Ringo calls the Sun records artists "Mr. Perkins," to which he replies, "Son, I wish you'd just call me Carl. Mr. Perkins is my daddy."
    1965: The Beatles receive Members of the British Empire (MBE) medals from Queen Elizabeth II in a ceremony staged at Buckingham Palace. It is the first such honor ever given to a rock band, causing many former recipients, many distinguished military personnel, to return their medals in disgust. According to John, the group is so nervous beforehand that it gets high on marijuana in a palace bathroom; during the ceremony, when Her Majesty asks the group how long it's been together, Ringo replies "forty years." Later, a press conference is held at the Saville Theatre. When asked how he enjoyed meeting Queen Elizabeth II, John said "She's much nicer than she is in the photos."
    1966---Top Hits 
Reach Out I’ll Be There - Four Tops
96 Tears - ?(Question Mark) & The Mysterians
Walk Away Renee - The Left Banke
Open Up Your Heart - Buck Owens
    1968: Having been fired from WOR-FM, Legendary DJ Murray The K moves across town in New York, becoming one of the WMCA-AM "Good Guys."
    1970 - Garry Trudeau, only 22 years old, started his comic strip, "Doonesbury", out in 28 United States newspapers. The occasionally controversial strip is now in hundreds of papers and has a publishing empire of books and related merchandise. His wife of many years is TV news personality Jane Pauley.
    1971 - Memphis, Tennessee minister Al Green was awarded a gold record for his single, "Tired of Being Alone".
    1971 Al Green's "Tired of Being Alone" is certified gold
    1974- Dionne Warwick and the Spinners' "Then Came You" hits #1
    1974- Barry White's LP Can't Get Enough hits #1
    1974---Top Hits
Then Came You - Dionne Warwicke & Spinners
You Haven’t Done Nothin - Stevie Wonder
You Ain’t Seen Nothing Yet/Free Wheelin’ - Bachman-Turner Overdrive
I See the Want to in Your Eyes - Conway Twitty
    1978 - No. 1 Billboard Pop Hit: ``Hot Child in the City,'' Nick Gilder. The song takes 20 weeks from the time it enters the Hot 100 to reach No. 1, longer than any single before it.
    1980 - Baltimore quarterback Bert Jones is sacked a record 12 times in a 17-10 loss to St. Louis. Houston quarterback Warren Moon would equal the mark on Sept. 29, 1985 at Dallas.
    1982 - “St. Elsewhere” premiers. This very popular one-hour medical drama set in St. Eligius Hospital at Boston. Among its large and changing cast were Ed Flanders, William Daniels, Ed Begley, Jr, David Morse, Howie Mandel, Christina Pickles, Denzel Washington, Norman Lloyd, David Birney, G.W. Bailey, Kavi Raz, Stephen Furst, Mark Har­mon and Alfre Woodard. The last episode of the series, aired on Aug 10, 1988, was presented in order to cast doubt on the real­ity of the whole series, suggesting that a child’s imagination had dreamed it up.
    1982 - No. 1 Billboard Pop Hit: ``Who Can It Be Now?'' Men at Work. The song is the 12th No. 1 single to pose a question and the first of two by the Australian band.
    1982---Top Hits
Jack & Diane - John Cougar
Who Can It Be Now? - Men at Work
Eye in the Sky - The Alan Parsons Project
He Got You - Ronnie Milsap
    1983 - A heat wave was in progress over the Northern Rockies, with record highs of 81 degrees at Sheridan WY and Billings MT.(Sandra and TI Richard Sanders.
    1984 - Barbra Streisand got multiplatinum certification when her three albums reached the four-million-dollar sales mark. "Greatest Hits, Vol. II", "Guilty", and "A Star is Born" with Kris Kristofferson were all honored.
    1985- the Kansas City royals tired the World Series, three games to three, against the St. Louis Cardinals by winning Game 6,2-1. On a poor call in 6th game, umpire Don Deckinger starts a string of events costing Cardinals the 82nd World Series. Then considered controversial call at first base by umpire Don Denkinger. Television replays indicated he had blown the call, but Orta remained perched on first base and a two run single by Dane Jorg brought the Royals the win. Kansas City won the seventh game the next day, 11-0.
After two one-sided losses at home, the Yankees win the next four games and take their first World Series since 1978 with a 3-2 victory over the defending World champs Braves in Game 6.
    1989 - Unseasonably warm weather continued in the north central U.S. Afternoon highs of 78 degrees at Alpena MI, 75 degrees at Duluth MN, 79 degrees at Fargo ND, 77 degrees at International Falls MN, 76 degrees at Marquette MI, 75 degrees at Sault Ste Marie MI, and 80 degrees at Saint Cloud MN, were all the warmest of record for so late in the season. Morning lows of 63 degrees at Concordia KS and Omaha NE were the warmest of record for the date.
    1990---Top Hits
I Don’t Have the Heart - James Ingram
Black Cat - Janet Jackson
Ice Ice Baby - Vanilla Ice
Friends in Low Places - Garth Brooks
    1990- a rapidly deepening coastal storm just east of Cape Hatteras produced wind gusts in excess of 90 mph along coastal sections. A dredge barge broke loose from its moorings in the Oregon Inlet and struck the Bonner Bridge, the sole link highway between Hatteras Island and the mainland. A 369 foot section of the bridge collapsed leaving thousands stranded on the island.
    1993 -the temperature at Eureka, CA soared to 87 to set an all-time record for the city
    1994---Top Hits
I ll Make Love To You- Boyz II Men 
All I Wanna Do- Sheryl Crow
Endless Love- Luther Vandross
Secret- Madonna
    1997- With two outs in the bottom of the 11th inning of Game 7, Edgar Renteria singles home Mark Counsell giving the Florida Marlins their first World Series title with a 3-2 win over the Indians. The five-year old Marlins become the youngest expansion team to win the Fall classic.
    1998- US Federal courts refuse to issue an injunction against makers of mp3 players, one which the RIAA has been pushing for in light of rampant piracy.
    1998- Fats Domino is awarded the National Medal of Arts from US President Bill Clinton.
    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
    2000-- In Game 5 at Shea Stadium, the Yankees win their third consecutive World Series, the fourth title in five years and record 26th championship by defeating the Mets, 4-2. Luis Sojo's ninth inning two-out, tie-breaking single off starter Al Leiter is the decisive hit.
    2000 - Capitol Records honors Garth Brooks with a lavish party, marking Brooks' status as the only artist to sell more than 100 million albums in a decade and the only artist to sell 10 million copies of four different albums.
    2001 - Anthrax was found in the offices of 3 lawmakers in the Longworth House Office building on Capital Hill. The Supreme Court was shut down to test for anthrax spores.
    2002 --When Russ Ortiz, tossing 5-0 shut-out strikes out Garret Anderson to begin the seventh, the Giants appeared destined to win their first World Series since 1954. Scoring six times in the 7th and 8th innings of Game 6, the Angels' rally from five runs down to stage the biggest comeback in Series history for a team facing elimination and beat the Giants, 6-5, forcing a Game 7.
    2002--In San Francisco, an estimated 40-80 thousand people marched down market Street to protest the Bush policy threatening war on Iraq.
    2003---Top Hits
Baby Boy- Beyonce Featuring Sean Paul
Stand Up- Ludacris Featuring Shawnna
Get Low- Lil Jon & The East Side Boyz Featuring Ying Yang Twins
Damn!- YoungBloodZ Featuring Lil Jon
    2004 - Curt Schilling becomes the first starting pitcher to win a World Series for three different teams. In addition to his Game 3 Red Sox victory over the Cardinals, his 8-2 lifetime post-season record includes wins for the Phillies (1993) and Diamondbacks (2002). compiled a list of the top earning dead celebrities and to no one's surprise, Elvis Presley came out on top. 27 years after his death, fans were still buying his music and collecting memorabilia to the tune of $40 million a year. Beatle John Lennon was number four on the list with earnings of $21 million, while his former band mate George Harrison was number 7, bringing in $7 million.
    2004-The Recording Industry Association of America brought a fresh round of copyright-infringement lawsuits against 750 file sharers, including 25 users on 13 university campuses.
    2005 - Willie Harris scores the game’s only run in the eighth inning as Jermaine Dye, the series MVP, singles the pinch hitter home giving the White Sox a 1-0 victory over the Astros and the team its first World Championship since 1917. For the second consecutive year, an American League team sweeps its National League opponent.
    2005 - White Sox skipper Ozzie Guillen becomes the first foreign-born manager to win a World Series as the ‘Wizards of Ozzie’ sweep the Astros in the Fall Classic.
    2005 - Bobby Valentine becomes the first foreign manager to win the Japan Series in the 70-year history of Japanese baseball. Sweeping the Hanshin Tigers, the former Rangers and Mets skipper lead the Chiba Lotte Marines to their first league championship in 31 years.
    2005 - Tadahito Iguchi becomes the first Japanese native to win a World Series ring as the White Sox swept the Houston Astros to win the Fall Classic in 88 years. Leaving the Fukuoka Daiei Hawks, the second baseman signed as a free agent with Chicago prior to the start of the championship season.
    2008-Before game four of The World Series, Philadelphia's Patti LaBelle sang her own special version of The Star-Spangled Banner which included straying far from the original melody and singing the wrong lyrics. The 64-year-old LaBelle was heavily criticized following the performance for singing "sky lights last gleaming" (Instead of twilight), "through the perilous flight" (Instead of light) and "Lamp parts" (Instead of ramparts).


World Series Champions This Date

1911 Philadelphia Athletics

1996 New York Yankees

1997 Florida Marlins

2000 New York Yankees




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