Add me to mailing list | Change email  Search
Advertising | All Lists | Archives | Classified Ads | This Day In American History

Leasing News is a web site that posts information, news, and
entertainment for the commercial bank, finance and leasing industry

Monday, October 26
, 2015

Today's Equipment Leasing Headlines

VGM Group, Inc. CEO and Founder Van G. Miller
  Passes Away at age 67
Position Wanted –Credit
  Work Remotely or Relocate for Right Opportunity
Top Stories October 19 -- October 23
(Opened Most by Readers)
Marlin Business Services Stock Hits 17.24
  NASDAQ Shows +1.77% Close on Friday
FinTech Legend Dave Murray is Back, This Time
  as Copperline Capital, LLC, Chicago, Illinois
Tennebaum Capital Partners Invests in 36th Street Capital
  Joins the FinTech Fray
FinTech #102 by Charles Anderson –Part II
   “Flawed Data Leads to Flawed Decisions”
Leasing Industry Ads---Help Wanted
Ascentium Capital/Channel Partners/IMCA
“Will Ten Years at Same Company Go Against Me?”
Career Crossroad---By Emily Fitzpatrick/RII
ELFA Reports Finance, Leasing, Loan Business Up 22%
    August $6.9 Billion to $8.4 Billion in September
Leasing 102 by Mr. Terry Winders, CLFP 
  Why Lease 4th Quarter, 2015
Banks Closed More Branches Than They Have Opened
   Since 2006, the Difference is 1,443 less
Labrador Retriever Mix
Pottawattamie County, Council Bluffs, Iowa
News Briefs---
Dell’s about to IPO a company it bought for
  $612 million and make it worth $2 billion
Ten Valuable Things America Will Lose
  If The Export-Import Bank Dies
Peeking Inside A Small-Business Loan Broker's
   Book Of Business

Broker/Funder/Industry Lists | Features (writer's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months (Be Careful of Doing Business)
Leasing News Icon for Android Mobile Device

You May have Missed---
   SparkPeople--Live Healthier and Longer
    Sports Briefs---
      California Nuts Brief---
       "Gimme 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.

Please forward to a colleague and ask them to subscribe.
Type in “subscribe” in subject line, email:



VGM Group, Inc. CEO and Founder Van G. Miller
Passes Away at age 67

A reader sent this, adding, "He meant the world to us."
Published by

WATERLOO, Iowa – VGM Group, Inc. CEO and Founder Van G. Miller died Sunday, Oct. 18, at his home, of an apparent heart attack.

Miller, 67, was an icon in the home care industry, and the recipient of numerous awards for business achievement. He was also a generous philanthropist who focused his giving on local agencies and projects.

The father of three sons, his youngest, Christopher, was married Saturday. He also leaves behind Vance, Dax and five grandchildren, and Christine Livingston, his significant other of 24 years.

In recent years, Miller had set in place accommodations for his succession. In 2008, Miller and minority shareholders James E. Walsh Jr., and John Deery Jr., sold 100 percent of the stock of the company to its employees through an Employee Stock Ownership Plan, or ESOP.

Jim Walsh, has been named chairman of the board. Walsh will also serve as interim CEO until the full board of directors has the chance to meet in person next month. Jim has been a long-time business partner of Van and most recently was both president and general counsel of VGM Group, Inc.

Miller founded VGM and Associates on Sept. 3, 1986, with the belief that quality home health care is best delivered by community-based, independent providers. The original buying group for independent home medical equipment providers grew to be a diverse company of business units. VGM is still best known for its leadership in the home medical equipment industry, where it provides services that include group purchasing, insurance, education, marketing, insurance contracting, advocacy and analysis.

VGM also has a significant business presence in management of post-acute health care, golf, restaurants, orthotics and prosthetics and physical therapy. VGM employs 850 people, the majority of whom work at its headquarters in Waterloo, Iowa, but with significant offices in Dade City, Florida, Atlanta, Kansas City, Phoenix and Toronto.

He’s twice headed companies that made Inc. Magazine’s list of the 500 fastest growing U.S. companies, was named one of the HME industry’s Ten Most Influential Individuals by HME News, and received HomeCare Magazine’s HomeCaring Award. The American Association for Home Care recognized him as a Champion of Home Care.

In 2009, he was inducted into the Junior Achievement of Eastern Iowa Hall of Fame. In 2014, he was named one of the Upper Midwest EY (Ernst and Young) Entrepreneurs of the Year. This year, the Des Moines Register named VGM the Top Workplace in Iowa among large companies.


Position Wanted –Credit
Work Remotely or Relocate for Right Opportunity

Each Week Leasing News is pleased, as a service to its readership, to offer completely free ads placed by candidates for jobs in the industry.  These ads also can be accessed directly on the website at:

Each ad is limited to (100) words and ads repeat for up to 6 months unless the candidate tells us to stop. Your submissions should be received here by the end of each week.

Please encourage friends and colleagues to take advantage of this service, including recent graduates and others interested in leasing and related careers. 

Will relocate for the right opportunity and can work remotely. I have (25+) years in making credit decisions, as well as helping sales team and third party originators close more transactions via understanding their applicant's financial abilities. I can create alternative or additional opportunities (and income) by knowing which type of loan is best for the borrower

Orlando, Florida
As a Commercial Credit Analyst/Underwriter, I have evaluated transactions from sole proprietorships to listed companies, across a broad spectrum of industries, embracing a multitude of asset types. Sound understanding of balance sheet, income statement and cash flow dynamics which impact credit decisions. Strong appreciation for credit/asset risk.
407 430-3917



Top Stories October 19 -- October 23
(Opened Most by Readers)

(1) Why Was Daniel Dyer Forced to Resign
  When He was Co-Founder of Marlin Leasing?
          By Christopher Menkin

(2) In a Surprise Move, Marlin Business Co-Founder/CEO
           Daniel P. Dyer Resigns

(3) Court Finds Casino Not Responsible for
           Sheldon Player's Fraud or Debt to Creditors

(4) Federal Bureau of Prisons
    Barry Drayer Released after Serving 13 Years

(5) Leasing 102 by Mr. Terry Winders, CLFP
         Sales Compensation

(6) Women in Leasing LinkedIn Group
      Luncheon in Atlanta, Georgia

(7) State Bank & Trust Acquires Patriot Capital
  The Alta Group Served as Financial Advisor

(8) New Hires---Promotions in the Leasing Business
           and Related Industries

(9) OnDeck Expands Product Set To Meet
  Full Range of Small Business Financing Needs

(10) Northern Leasing Settles $3 Million Accused in        
              Racketeering Suit



Marlin Business Services Stock Hits 17.24
NASDAQ Shows +1.77% Close on Friday

Marlin Business Service stock dropped to 16.36 on the news of Daniel Dyer resigning as CEO and Director, leaving as of October 25. He is staying on one year as a consultant but not spending more than 35 hours a month. It didn't seem to bother stockholders; however, as by Friday the stock rose to 17.24 on a volume of 40,200 (3 month volume average 51,921).

The stock hit a low of 11.17 for the 52 week period on August 24, 2015, but basically has been climbing ever since.

Zacks, among other stocky analyst companies, report the company a "strong" buy.


FinTech Legend Dave Murray is Back, This Time
as Copperline Capital, LLC, Chicago, Illinois

One of the first to use what is now called Financial Technology, Murray developed an analytic program for the small ticket market place. He is one of the first to use Dun & Bradstreet to do mailers on businesses with better ratings, claiming they were approved. He hired had a group of people out of high school and college who responded to the callers from the mailers and he developed a sales calling room to those who got the mailers and didn’t respond.

He adopted the software from what Jim Merrilees, CLFP, developed at Colonial Pacific Leasing, labeled the “Bliss System,” an automated broker program, then credit scoring in 1987 with fair-Isaacs, and when president, was the first to go on line in 1989 with a processing system. The company was the first to use a “wide area network,” before the days of the internet. BLISS was the first available for brokers and lessors. It was a telephone direct “dial-up” to the CPL main frame computer. Rich Viola, Chief Financial Officer, named the program: Broker-Lessor Information System Support. It revolutionized the processing of applications and fundings of transactions. (1)

Another successful program was a proprietary lease adjudication system developed by Newcourt for Dell Financial Services as part of its operational responsibilities to the JV. The primary source was the Credit Bureau reports for the principals of the business, or for the consumer directly. In addition, there were benchmarks for time in business, D&B rating, absence of BK, litigation, extreme DQ...and amount of transaction. Decisions were rendered within 5 minutes, so quickly that people on the phone were incredulous that a decision was made so quickly.

Dave Murray and his brother Mike started Direct Capital in New Hampshire, where he liked to ski, then started Preferred Leasing in 1989 in Tahoe, where he liked to ski, further developed analytic software, then left in the downturn, continued to develop software, co-developing Turbo Tax as well as software for Five Point Capital and others. At last report, he had moved back to Lake Tahoe where he liked to ski. (2) Now he is back in finance and leasing business, in Chicago.  This is from his website:

"Copperline Capital, LLC is in the business of providing commercial loans, commercial lines of credit and commercial equipment and/or vehicle leases. We are partners and have continuing business relationships with Dun & Bradstreet, Experian, Wells Fargo, Lending Club, Financial Pacific Leasing, Chase Manhattan Bank and other sources of capital and credit analytics companies."

"Ask your Account Manager about Instant Cash. We will wire $10,000 to your account in an hour. Seriously."

He again is using a credit card mailer, but this time going after working capital loans.

  1. The History of Colonial Pacific Leasing
  2. Dave & Mike Murray, the Original Founders of Direct Capital
     by Christopher Menkin



Tennenbaum Capital Partners Invests in 36th Street Capital
Joins the FinTech Fray 

36th Street Capital Partners, LLC dba a “36th Street Capital”, New York City, announces it has formed a joint venture with Tennenbaum Capital Partners, LLC.

36th Street Capital states it will focus on funding equipment leasing and financing transactions originated in partnership with bank, independent and captive financing firms.

The company was co-founded in January, 2015, by Kiran Kapur, formerly Past President of GSG Financial, member of the Advisory Board, CIT Vendor Finance, along with Mark Horan, formerly with Durham Capital Advisers, UBS, and Merrill Lynch Private Wealth Management Advisors. They state the company was formed to” increase industry approval rates on equipment loans and leases by investing in transactions that require alternative capital solutions.”

Tennebaum Capital Partners is an alternative investment management firm headquartered in Los Angeles with more than $6 billion in committed capital under management.

Rajneesh Vig
Managing Partner,
President, COO
TCP Capital
“We are excited about our partnership with 36th Street Capital, which provides TCP exposure to the equipment leasing sector,” said Rajneesh Vig.

“We have been evaluating opportunities to participate in this market for some time given its size and the attractive risk return attributes it offers.  We believe 36th Street Capital’s team has extensive experience in the sector, a strong network of relationships and a unique origination strategy.”

Kiran Kapur
Chief Executive Officer

“We are very pleased to be joining forces with TCP”, Kapur said. “We believe demand for alternative capital solutions in the equipment leasing sector is increasing and TCP’s investment will help us capitalize on our growing pipeline of opportunities, while also helping our clients better serve their customers.” 



FinTech #102 by Charles Anderson

Instant Credit Decisions – Part II

Charles Anderson observes:
 “It’s fascinating to watch this evolution.”

“Let’s see where the music stops after the next recession.”

“Here is a three-part Series on Instant Credit Decisioning – What is it?  Who is doing it? – Or just claiming that they are, and, is it an impossible goal?”

Flawed Data Leads to Flawed Decisions

The prescreen process relies on math and analytics in its decision-making logic.  Whether using personal or business credit reports, business bank deposits, or vendor and equipment information – data drives the instant decision. Many alternative lending sources today, such as OnDeck, Funding Circle, and National Funding, to name a few, provide loans up to $500,000 with only an application and 3 months of bank statements to deliver their prescreen decision. Many say they also check social media, such as Facebook, LinkedIn, and even Instagram, in the final decision making process.

William Phelan, president of PayNet, Inc. , notes “With the right mix of data, software and algorithms, lenders can create instant credit decisions to deliver money to small businesses within hours of their application.”

PayNet is recognized as one of the leading providers of accurate analytics to business lenders. When PayNet debuted in 2001, they came with the promise of “better credit data, better credit decisions.” However, this begs us to question the alternative. What happens when our data points are incorrect or incomplete?  And even more unsettling, what if lenders are looking to the wrong data points altogether for the basis of their credit decisioning? This poses our first credit pitfall: flawed data leads to flawed decisions.

Despite the incessant claim that quality underwriting is “more than a personal credit rating,” most underwriting models used in finance and leasing in the small ticket marketplace rely primarily on the personal credit of a guarantor to determine an applicant’s quality and risk criteria. After all, personal credit reports and scores provide the most proven reporting to date on an applicant’s payment history.

Terey Jennings, CLFP, Senior Vice President Business Development, Financial Pacific Leasing states the company starts its models primarily on the credit quality of the applicant “to provide a real time (at the point of application submission) conditional decision and risk based price.”

Before jumping to a conclusion, note Jennings’ remark has an important caveat – any risk-based pricing based on payment history only applies at the point of submission.

No economic risk model – even with the most robust and accurate data points – can account for changes to the playing field. Economic downturn, increased competition in the market, even personal economic or emotional events or fraud – these are just a few examples of variables that we cannot account for in our risk-based instant credit decision. This poses our next credit pitfall: instant decisioning is limited to the past, and thus inherently fails to forecast likelihood to default in the future.

The biggest limitation to the alluring promise of an instant credit decision: you just can’t quantify human common sense. As David Gilbert, Five Point Capital fame, now CEO of National Funding observes, “We don’t advocate for a 100% automated approval, because we value the insight we can bring to the decision using the human element.”

What is that human element? Take, for instance, Ben Carlile’s breakdown of the ideal credit analyst: An underwriter brings curiosity, common sense, creativity and drive – qualities you can’t account for in any algorithm or equation. (1)

“There are positives to this process, such as efficiency, cost savings, consistency of output,” notes Jay Shaw, Director of Account Management at Quick Bridge Funding, “but there are also negatives such as a lack of human interaction, intuition, and real world experience.”

We have to weigh in and face the biggest challenges to instant credit processes: flawed data, limited frameworks, and the lack of basic human common sense. So ultimately, the development of the instant credit decision comes down to its long-term accuracy and the Return on Investment for your operations team. 

  1. Hiring a Credit Analyst

Part I-Instant Credit Decisions-Introduction


Charles Anderson
CEO – IMCA Capital, Enverto Investment Group, Express-Tech

Previous Financial Technology Articles



Leasing Industry Help Wanted


Press Release    
WE'RE HIRING at Our Minneapolis Headquarters
Credit Manager
This position will be responsible for underwriting small ticket working capital applications up to $250,000 in a fast paced and high volume environment. The candidate will make independent decisions on commercial credit applications through evaluation of business and personal credit reports, financial statements and other credit information. More
Collections Representative
This position will function as the primary contact for customer concerns regarding loan collection issues. The candidate will act as a liaison between the customer, Channel Partners Capital and 3rd Party Collection Agencies. More
Please email cover letter and resume to:


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

Please see our Job Wanted section for possible new employees.



“Will Ten Years at Same Company Go Against Me?”
Career Crossroad---By Emily Fitzpatrick/RII


Q:I am coming up on my 10th year of employment with the same organization. Recently, I heard that Candidates with some job movement are more desirable. Will this affect my future career goals?

A: Loyalty to an employer is not what is used to be … remember; companies do what they must to stay afloat (e.g. the Financial Crisis) and/or show profit/growth; if that means shutting down a division or two – so be it regardless of the employees’ tenure. However, moving too many times within a short period could also affect your career goals. The sweet spot is a balancing act!

With all the merges, cutbacks, sales, and changes in the equipment finance and leasing industries, it is not uncommon to see two year, three year, two year, off and on again, changes, almost like musical chairs, especially in the lease origination sector.

The key is that many employers seek some tenure AND career progression. Some employers will even list the following as a part of their job description, e.g.:“ … good tenure with no more than two jobs in five years unless progressive growth in the same company … must have five-year tenure at prior companies …”

In general, 3-5 years in a job without a promotion is the optimal tenure to establish a record of accomplishment. Average tenure will be dependent on the job, the level you are at, and the organization you work for. True outside Business Development Professionals, not program or relationship managers, have a bit more flexibility due to many factors. If you have spent more than five years in one job, you will need to counteract potential negative perceptions during job interviews. Be prepared to explain why you stayed as long as you did.

The other side: if you work at the same job for too long without progression, potential employers may assume you are not motivated or driven, and others might think that you are overly comfortable and would have difficulty adapting to a new job or corporate culture (I have come across this scenario many times). In addition, employers may think you have fewer diverse skills; employees gain additional skills as they move from job to job/employer to employer. 
NOTE there always expectations, these are basic guidelines

Sample Interview Questions you may Encounter:
1.      Are you able to adjust to working for a new company?
2.      Have you upgraded your skills? If not, why not?
3.      Why are you interested in changing employers?
4.      Were you promoted at your last position? If not, why not?

For FREE Advice, contact 

Emily Fitzpatrick
Sr. Recruiter
Recruiters International, Inc.
Phone:  954-885-9241
Cell:  954-612-0567
Invite me to Connect on LinkedIn
Also follow us on Twitter #RIIINFO

Career Crossroads Previous Columns


ELFA Reports Finance, Leasing, Loan Business Up 22%
August $6.9 Billion to $8.4 Billion in September

(Leasing News Chart)

         June   July   August  Sept.
2015    $9.5   $8.2  $6.9  $8.4
2014    $9.0   $7.8  $7.2  $9.4
2013    $8.6   $7.2  $6.4  $7.7
2012    $8.0   $6.6  $6.9  $8.2
2011    $7.3   $5.7  $5.7  $6.1
2010    $5.5   $5.6  $4.3  $5.9
2009    $5.2   $4.8  $3.7  $4.4
2008    $8.4   $6.8  $5.3  $6.5
2007    $9.1   $6.7  $6.9  $7.2
2006    $8.1   $6.2  $6.5  $6.7
2005    $5.0   $4.3  $4.3  $5.0

The Equipment Leasing and Finance Foundational Monthly Leasing and
Finance Index reports Credit approvals totaled 80.5 percent in September, up from 79.3 percent in August. Total headcount for equipment finance companies was up 5 percent year over year.

MLFI Charts

MLFI-25 New Business Volume (Year Over Year Comparison)
click to make larger


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


(Leasing News provides this ad as a trade for appraisals and equipment valuations provided by Ed Castagna)



(Terry retired January 1, 2015.  To honor him and his many years of writing for readers of Leasing News, is repeating several of his columns that are still meaningful today. Here is October 10, 2013 updated.)

Why Lease 4th Quarter, 2015

The proposed change in the accounting rules may appear to lower the lessee’s interest in leasing, but with Congress dysfunctional (that is being kind), what is happening is many businesses are continuing to conserve cash. This is usually positive for leasing.

The small ticket market is getting much faster with approvals as software programs have become quite sophisticated, they claim. Some like TimePayment can do it is in three minutes and Financial Pacific is as also fast on leases up to $100,000.

The middle market and above, composed primarily of larger corporations, is becoming more cautious. They continue to conserve cash. Leasing may become more attractive to this marketplace, not less.

We should remember the old days when leasing was of interest because we offered no down payment financing, except the first payment. Often it could be 30 to 60 days delayed, too. In addition we tried to match the lease payments to the lessee’s cash flow or tax needs. To do this we needed to offer a true lease.

Today more transactions are Equipment Finance Agreements or “Business Loans,” often of short duration and with daily payments, really a very high interest rate. Perhaps “true leases” have become too difficult for a new generation to understand.

One of the requirements of a legal or tax lease is a purchase option that is not considered a bargain or was equal to, or greater than, the reasonably predictable fair market value (FMV) of the equipment at lease termination.

One of the challenges was how to sell a FMV lease to a lessee that was afraid you would hold them up with the sale price at termination. This caused more than one leasing company to offer side letters with a fixed price and then told the lessee to hide the side letter if a tax audit was coming. You should understand that this is tax fraud and there are serious consequences if discovered.

Most of the problems developed because many lessors refused to consider proper residuals. Under changes in lease accounting, moving back to true leasing, residuals will be required. Residuals will require a few procedures to support the lessor’s position. The first has always been a “complete” description of the leased equipment. The second is to determine the lessees “use” of the equipment and now a new attachment to the acceptance agreement is a document called a “use and maintenance” agreement where the use is described and addition rent is required, if the use exceeds the agreed upon maximum use or is returned in poor condition.

The lessee cannot be expected to have to return the equipment in like new condition because it is expected to be used. However the tax and legal requirements require the term of the lease not to exceed 80% of the equipment’s useful life so the use and maintenance agreement reinforces the leases determination to have the equipment returned in good condition and have at least 20% useful life remaining. Its main purpose is to protect the lessor’s residual position. This should limit the real residual risk to the change in the future value of the equipment.

One of the reasons to lease in the future is the ability to offer short terms on equipment that usually leased over longer terms. An example is equipment that has a MACRS depreciation term of five years that is leased over three years to increase the tax write off by expensing the rent instead of taking MACRS depreciation and interest. This requires a FMV purchase option, or no purchase option, and the assumption of a proper residual protected by a use and maintenance agreement.

There will be additional changes in leasing as we determine how to meet the lessees needs in the future but at the same time we will need stay positive and adapt to those changes. Companies with cash are in the position to offer true leases to their customers, as well as companies who want to conserve their cash, will also look toward leasing. The positive implications also stand a good chance as influencing small ticket leasing, even when it is treated as a capital lease. It’s the sizzle, and it hasn’t left the great marketing sales pitch of why lease. Especially in the 4th quarter of the year!!!

Previous #102 Columns:


Banks Closed More Branches Than They Have Opened
Since 2006, the Difference is 1,443 less

By Nicole De Dios and Tahir Ali
SNL Financial Feature

Branch pruning has been one of the more visible manifestations of expense cuts at U.S. banks, and an SNL study of the trend shows that from the start of 2006 (before the crisis) to Oct. 8, 2015, (five years after Dodd-Frank), banks have closed more branches than they have opened by a difference of 1,443.

The numbers far from spell the death of branch banking. The figures for Internet and mobile banking still add up to less than half of the respondents. As ABA deputy chief counsel for consumer protection and payments Nessa Feddis points out, the newer methods "complement, but do not replace, branches."

Also of note, the smallest banks opened more branches than they closed throughout the covered period, while bigger banks started closing more than they opened as early as 2009 and — by and large — have yet to stop. But both IBAT's Williston and ICBA's Cole are quick to point out that community banks are picking up the slack. Big banks withdraw from certain communities, and small banks buy the vacated branches. While a difference might be felt in the case of, say, a large manufacturer needing a loan that exceeds a smaller bank's limits, community banks can share credits as needed. Still, the loss is not fully offset. Even as community banks are the last to close, they have to "cherry-pick" locations before they expand, Cole explains. "You're going to see an overall decline in branches in the years to come, because the smaller banks are not going to buy all the ones that big banks are closing. But they will take up some of the business."

Broken down by region, the Southwest saw the most net openings from 2006 to 2015, with most of expansion occurring in Texas. Chris Williston, president and CEO of the Independent Bankers Association of Texas, noted that aside from the state's growth in population, the numbers take into account the "explosion of loan production offices" — largely of smaller institutions from rural areas looking to diversify their loan portfolios. Coming in second place to Texas is California, which has enjoyed a lot of interest from banks with at least $100 billion in assets. A July 2015 paper on GDP by state released by the Bureau of Economic Analysis shows that in 2014 Texas and California were among the states with the largest real GDP, having grown by 5.2% and 2.8% respectively. The two also grew faster than the national average in 2012 and 2013. In Texas, finance and insurance contributed 0.11 percentage points to the GDP percent change. The corresponding figure for California was 0.07 percentage point. For comparison, New York saw 2.5% in 2014 real GDP growth, with finance and insurance contributing 0.87 percentage point.

Chris Cole, executive vice president and senior regulatory counsel of the Independent Community Bankers of America, notes that branch success isn't only a reflection of a state's economic health but of demographics too. The brick-and-mortar decline is often attributed to the preference among millennials for online and mobile banking. For 2014, the Census Bureau's annual population estimates for selected age groups show that those born roughly between 1980 and 2000 (a.k.a. millennials) comprise roughly 33% of Texas' population and 32% of California's. It may explain why the growth in Texas is focused on loan production offices, as opposed to full service branches, and why the activity in California stands out for being big bank-driven. There's also an American Bankers Association survey to consider: Out of 1,000 U.S. adults, 32% prefer Internet banking over other methods. Branches are now the second-most preferred method — at 17%, down from the 21% it was a year ago. ATM banking also saw a decline in popularity, albeit a slight one (to 13% in 2015 from 14% in 2014), and mobile banking looks ready to overtake it (at 12% compared to 10% a year ago).

Meanwhile, the decline in branch presence was most noticeable in the Midwest, and largely in Michigan. Yet Michigan is still surpassed by Pennsylvania, which experienced the highest number of net closings in the country. A February 2015 Crowe Horwath study commissioned by the Pennsylvania Bankers Association compared the bank tax regime of Pennsylvania with those of Delaware, Maryland, New Jersey, Ohio, New York, Michigan and North Carolina and found "that, under the various scenarios considered, substantially similar banks generally would pay more — often significantly more — state tax if headquartered in Pennsylvania than if headquartered in one of the other states." Michigan grew only 1.9% in real GDP (0.01 percentage points contributed by finance and insurance); Pennsylvania grew 1.8% (0.17 percentage points).



Labrador Retriever Mix
Pottawattamie County, Council Bluffs, Iowa

Compatibility: Good w/ Most Dogs, Good w/ Most Cats
Good w/ Kids and Adults
Personality: Very High Energy, Submissive
Health:  Neutered, Vaccinations Current

“This puppy is an incredible companion. We saved him from a bad situation but have 3 dogs of our own and cannot keep him. He loves swimming, fetch and anything that involves exercise. He is the type of dog who would give his life to save you. He is loyal and all he needs and deserves is love and a forever home. He has the personality of a lab. Please give this puppy a chance at love. He is more than deserving. He will make an exceptional member of your family.”

Adoption Fee: $100

Jessie Kite (515) 203-6397

Adopt a Pet


News Briefs---

Dell’s about to IPO a company it bought for $612 million and make it worth $2 billion

Ten Valuable Things America Will Lose If The Export-Import Bank Dies

Peeking Inside A Small-Business Loan Broker's Book Of Business



--You May Have Missed It

Discover How You Can Bring Back American Manufacturing


SparkPeople--Live Healthier and Longer

The 4 Most Fattening Fall Foods
Watch Out for These Sneaky Calories!


Baseball Poem

That Home Run Feeling

by Tim Peeler

tired and poisoned by yellow jacket stings,
go for a hard run through the ripe dark July night,
strides shortened, quickened,
lap by ill-lit lap
in rain-plowed sand
that tightens a muscle against the pull of a worn shoe,
circling the pale glow of Little League baseball field,
enamored by the plink of metal bats,
the hearty high-pitched cheers,
circling as they circle a tauter diamond 
in a high geometry of runs;
eighteen-fifteen the park announcer drawls
and I am drawn to the memory of my own Little League experience playing that 60's cinema
as I suck humidity by the round ball court
where rapper wannabes
work their slant rhymes and turnover dribbles, 
and a tired backboard shivers.

Leaving now, I consider
the perfect orange moon
hanging for a moment on the light pole 
above silent horseshoe pits,
and just for one splendid moment
I have that home run feeling again.

Touching All Bases
Poems from Baseball
Tim Peeler



Sports Briefs----

Raiders hold off San Diego Chargers, win 37-29

Jets’ dramatic finish falls flat in gut-wrenching loss to Patriots

What the Cowboys' loss means: Shaky Cassel
  debut continues downward Dallas spiral

Johnny Manziel replaces Josh McCown;
  has interview scheduled with NFL

Kirk Cousins Defies Critics with Historic
   Washington Redskins Comeback

Jaguars blow huge lead, then rally to get a thrilling win in London

Colts beat themselves in loss to Saints

Titans lose fifth straight game

Lions collapse under Minnesota's pressure in 28-19 loss

Seattle loss was a funeral for pitiful 49ers 

Colin Kaepernick and the 49ers have a locker room problem

Chargers plan to file L.A. relocation papers

Walton to coach Warriors in Tuesday’s season opener



California Nuts Briefs---

New bank makes big entrance into
Sonoma County beer industry


Receivables Management LLC
John Kenny

• End of Lease Negotiations & Enforcement 
• Third-Party Commercial Collections | ph 315-866-1167

(Leasing News provides this ad as a trade for investigative
reporting provided by John Kenny)


“Gimme that Wine”

Napa Wine Prices Likely to Continue Rising

An average to smaller San Joaquin Valley wine grape harvest
  is followed by continued vineyard removals

App to help manage grapevines

Wine boom in Buckeye State grows

Francis Ford Coppola talks film, (more) wine, and his love of jingles

Free Mobile Wine Program

Wine Prices by vintage

US/International Wine Events

Leasing News Wine & Spirits Page


This Day in American History

     1682 - William Penn accepted the area around Delaware River from Duke of York.  In 1681, King Charles II handed over a large piece of his American land holdings to William Penn to satisfy a debt the king owed to Penn’s father. This land included present-day Pennsylvania and Delaware. Penn immediately sailed to America and his first step on American soil took place on this day in New Castle. On this occasion, the colonists pledged allegiance to Penn as their new proprietor, and the first general assembly was held in the colony. Penn then journeyed up river and founded Philadelphia. However, Penn's Quaker government was not viewed favorably by the Dutch, Swedish, and English settlers in what is now Delaware so they almost immediately began petitioning for their own assembly. In 1704, they achieved their goal when the three southernmost counties of Pennsylvania were permitted to split off and become the new semi-autonomous colony of Lower Delaware. As one of the earlier supporters of colonial unification, Penn wrote and urged for a union of all the English colonies in what was to become the United States of America. The democratic principles that he set forth in the Pennsylvania Frame of Government served as an inspiration for the US Constitution.
    1774 - The First Continental Congress adjourned in Philadelphia.  The First Continental Congress was a meeting of delegates from twelve of the thirteen colonies that met on September 5 to October 26, 1774 in Philadelphia. It was called in response to "The passage of the Coercive Acts", also known as Intolerable Acts by the Colonial Americans, by the British Parliament. The Intolerable Acts had punished Massachusetts for the Boston Tea Party.  The Congress was attended by 56 delegates appointed by the legislatures of twelve of the thirteen colonies. Georgia declined to send delegates because they were hoping for British assistance with Native American problems on its frontier and did not want to upset the British.  The Congress met briefly to consider options, including an economic boycott of British trade; rights and grievances; and petitioned King George III for redress of those grievances.  The Congress also called for another Continental Congress in the event that their petition was unsuccessful in halting enforcement of the Intolerable Acts. Their appeal to the Crown had no effect, and so the Second Continental Congress was convened the following year to organize the defense of the colonies at the onset of the Revolution. The delegates also urged each colony to set up and train its own militia.
    1774 - Minutemen were selected in the American colonies. The terms militia and minutemen are sometimes used interchangeably, but there was a difference between them.  Militias 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.
    1775 - King George III went before Parliament to declare the American colonies in rebellion, and authorized a military response to quell the Revolution. 
    1776 – Benjamin Franklin departed for France on a mission to seek French support for the Revolution
    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. 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 farmers 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 America, 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,", originally published as “The Federalist”, a series of 85 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 as the first Secretary of the Treasury 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. It originally ran about 363 miles from Albany to Buffalo. It was built to create a navigable water route from New York City and the Atlantic Ocean to the Great Lakes. First proposed in 1807, its 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 its earliest substantial snow of record as four inches blanketed the city.
    1861 – The Pony Express ceased operations.  During its 19 months of operation, it reduced the time for messages to travel between the oceans to about 10 days.  From April 3, 1860, it became the West's most direct mean of east–west communication before the telegraph was established and was vital for tying the new state of California with the rest of the US.    
    1881 – Gun Fight at OK Corral. 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, and Wyatt Earp, Morgan Earp, Virgil Earp, and Doc Holliday 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 angriest. 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 McLaury and Billy Clanton are among those buried in Tombstone's infamous Boot Hill Cemetery, visited by many tourists 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 medium, westerns became the rage among viewers.
    1899 - William Julius "Judy" Johnson (d. 1989) was born in Snow Hill, MD.  He was considered one of the greatest third basemen in the Negro Leagues and he played for the Hilldale Club, the Homestead Grays and the Pittsburgh Crawfords from 1921 to 1936.  Johnson was elected to the Baseball of Fame in 1975.
    1911 - Singer Mahalia Jackson (d. 1972) birthday, New Orleans. (Some wonderful albums are available of this singer.)
    1911 – Pro Football Hall of Fame coach Sid Gillman (d. 2003) was born in Minneapolis.  An innovator, Gillman's insistence on stretching the football field by throwing deep downfield passes, now known as the vertical passing game, instead of short passes at the sides of the line of scrimmage, was instrumental in making football into the modern game that it is today.  After coaching in college through 1954, he moved to the NFL and AFL where his 1963 San Diego Chargers won the AFL Championship.  He is the sole coach in the history of American football to have earned Hall of Fame induction into both the Pro Football and College Football Halls. 
    1913 - Bandleader Charlie Barnet (d. 1991) 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.
    1936 – The first electric generator at Hoover Dam went into full operation.    
    1940 – Detroit Tigers outfielder Hank Greenberg won the MVP in the AL while Cleveland Indians P Bob Feller finished second. Greenberg hit .340 with 41 home runs and 150 RBI, while Feller posted a 27-11 record with a 2.61 ERA. Having won the award in 1935 as a first baseman, Greenberg becomes the first player to win the MVP again playing a different position.
    1942 - In the Battle of the Santa Cruz Islands at Guadalcanal, one U.S. aircraft carrier, Hornet sunk and another aircraft carrier, Enterprise, was heavily damaged, while two Japanese carriers and one cruiser are heavily damaged. 
    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 100,000 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 - 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 – Pan American Airways made the first commercial flight of the Boeing 707 from New York City to Paris, France, inaugurating transatlantic jet passenger service.  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 – President Kennedy 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.   Kennedy ordered the first quarantine interdiction of the Marucla by a boarding party from the Pierce.   A Russian 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.
    1970 – In his first fight following three years exile from boxing for evading the military draft, Muhammad Ali fought Jerry Quarry in Atlanta.
    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
    1971 – Vida Blue of the Oakland A’s wins the AL Cy Young award by a 98-85 margin over Mickey Lolich of the Tigers. Blue was 24-8 for Oakland, posting 301 strikeouts, eight shutouts and a 1.82 ERA, becoming the youngest pitcher to win the award. In the NL, the Cubs’ Ferguson Jenkins won.
    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.
    1978 – Sparky Lyle, the Yankees’ closer, becomes the first AL reliever to win the Cy Young Award. Lyle led the league with 72 appearances, posting a 13-5 record with 26 saves and a 2.17 ERA.  A few weeks later the Yankees signed free agent closer Goose Gossage and Lyle would be traded a year later.
    1979 – MLB Commissioner Bowie Kuhn notified Hall of Famer Willie Mays that if he accepts a position with the Bally Manufacturing Corporation, owner of several gambling casinos, he must disassociate himself from Major League Baseball. Mays, a part-time coach and goodwill ambassador for the Mets, relinquished his duties upon accepting Bally's job offer.  In 1983, he would do the same to Hall of Famer Mickey Mantle.  Both were quickly reinstated by new Commissioner Peter Ueberroth in 1985.
    1980 – Baltimore Colts quarterback Bert Jones is sacked a record 12 times in a 17-10 loss to St. Louis. Houston Oilers 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?'' by 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
    1982 – Steve Carlton of the Phillies became the first pitcher to win four Cy Young Awards, taking NL honors. The 37-year-old lefthander, who led the league in wins (23), innings pitched (295.2), strikeouts (286) and shutouts (6), was a previous winner in 1972, 1977, and 1980.
    1983 - A heat wave was in progress over the Northern Rockies, with record highs of 81 degrees at Sheridan, WY and Billings, MT.  
    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.
    1984 - "Baby Fae", born Stephanie Fae Beauclair nine days earlier, received a heart transplant from a baboon, the first infant subject of a xenotransplant procedure. The procedure, performed by Leonard Bailey at Loma Linda University Medical Center, was successful, but Fae died 21 days later of heart failure due to rejection of the transplant due to blood type differential.
    1985 - The Kansas City Royals tied the World Series, three games each, against the St. Louis Cardinals by winning Game 6, 2-1. On a poor call in 6th game, umpire Don Denkinger starts a string of events costing Cardinals the 82nd World Series. The controversial call at first base by umpire Don Denkinger was shown in television replays that he had blown the call, allowing Jorge Orta to remain at first base.  A two-run single by Dane Jorg brought the Royals the win. Kansas City won the seventh game the next day, 11-0.
    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
   1996 - 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.
    1997 - With two outs in the bottom of the 11th inning of Game 7, Edgar Renteria singles home Craig 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 – In one of the first legislative acts following the 9/11 attacks on the US, the Patriot Act was approved by Congress and became law.
    2001 - Anthrax was found in the offices of 3 lawmakers in the Longworth House Office building on Capitol 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 40-80,000 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).
    2004 - 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.  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
1911 - Philadelphia Athletics

1996 - New York Yankees

1997 - Florida Marlins

2000 - New York Yankees




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?





Daily Puzzle

How to play:

Refresh for current date:






See USA map, click to specific area, no commercials



Traffic Live---

Real Time Traffic Information

You can save up to 20 different routes and check them out with one click,
or type in a new route to learn the traffic live




Alerts and Flags
Bank Beat
Career Crossroads-Emily Fitzpatrick/RII
Charlie Chan sayings
Computer Tips and Social Media
Credits and Collections 102
Employment Web Sites
Fernando's Review
Financial Technology 102
From the Desk of Michael Witt, Esq.
Leasing 102
Leasing Cases by Tom McCurnin
Online Newspapers
Sales Make it Happen
Spark People—Live Healthier and Longer
The Secret of Our Success
To Tell the Truth
View from the Top
Why I Became a CLP

Ten Top Stories each week opened the most by readers
(click here)

“Complaints” Bulletin Board (click here)

Connect with Leasing News

Top Stories

(chronological order)

- Hiring a Credit Analyst
- Report on the NEFA Atlanta, Georgia Conference
- NEFA Elects New Officers
- California Gov. Brown Signs SB 197 and SB 235
    Better Be a Licensed Finance Lender to do Business Here
- Your “Return on Investment” on eDocs
- Alert: Integrity Financial Group
 Active Again on the Internet
- Originators 89% Satisfied with Current Position
  Survey Finds: 56% Had Incomes of $125,000
- Changes in the Commercial Finance and Leasing Industry
- Insurance Certificates are Often Virtually Worthless
- Richest Man in Leasing: Steven Udvar-Hazay
- Canadian Finance and Leasing Association
   Annual Conference Report by Hugh Swandel
- The 50 Best Fintech Innovators Report
- Most Report Leasing Business Up in August
- New "Same Day ACH" Goes into Effect Sept. 23, 2016
- Light Attendance at NAELB Atlanta Conference
- In California, You had better have a license to lease
- My Opinions on Major License Changes
  for Lease Financing in the State of California
- Who Needs a Desk? Watch the Change
- Advice on Testifying at a Deposition
- Reader Says Too Many Telephone Calls to Client
  All Generated from UCC Filings
- Employee Exodus at Direct Capital, Portsmouth, NH
- Jeff Rudin Family Adopts Mindy
- Top Five Leasing Company Web Sites
  in North America
- Leasing News Bulletin Board Update
   Hawkins Counter Sues $50,000 Judgement
Fed Chair Asks Cobra Capital for a Survey
- Apple Moves to Direct Financing
     Leasing News Exclusive
- How Many Types of Leases?
- OnDeck Capital Hit with Several Law Suits
- President of EAR Sentenced to Five Years
- Stick Mobility--Yoga to the Next Level
  New Exercise for Individuals or Groups
- Dale Kluga Sees Alternate Finance Bubble Ahead
   Concerned History is Repeating Itself
- 79 page 10Q SEC Filing Marlin Business Services
    What Was Not Fully Covered in the Press Release
- "Call to Action"
  Scott A. Wheeler, CLFP, Book a Big Hit
- Marlin Business Bank Loan Website Requirements - Really?
- The top 50 brands in Quick Service and Fast Casual
- Will Voice Mail Become Part of the Past?
- Scott Wheeler's Latest Book Released
  "Call to Action"
- Charlie Chan on Balboa Capital
- The Volume Produced by Alternate Finance is Astounding
   Changing the Way Credit Decision Are Being Made
- NAELB Leasing School Says it is Time
- All Wireless Phones to Have Anti-Theft Devices
- Dan Baldwin Forms "Cloud Broker Association"
- CLFP Foundation Breaks Record, Plus 18 New Members
- FDIC Cases Against Failed Bank Directors & Officers 26 to Date
- Senior Vice President Sentenced to Federal Prison
    Loss to Bank was $991,680
- Web App with Calculator for Vendors- One Month Free Trial
- Equipment Finance Decision Maker Survey Results:
   Vendor & Small Biz
- California Proposed Law Update:
    Third Party Originators: No License Needed
- Bank Officer Gets One Year/$174,000 Judgment
- Bank of America to close drive-up tellers at 12 branches
- First American Equipment Makes it 40 CLFP's
- Ironic that Peek is at Bank of America and Thain is at CIT
- 182 Bank Officers Plus Investigated by SIGTARP
- Element Financial Tearing Up the US Market
- Which States Finance the Most Equipment
- New Website
- Lease One Tagged for Fraud in Lease Commitment
     by Tom McCurnin, Leasing News Legal Editor
- Three New Bulletin Board Complaints
    US Business Funding, Newport Beach, California
- Verhelle Founds Harvard Partners, LLC
- Business Loans/Cash Advance Increase
- Subject: Need a corporation 3-7 years old? Reaction
- Financial Pacific Leasing Digitizes
   End-to-End Transaction Lifecycle with DocuSign & eOriginal
- What You Didn’t See in the Marlin Leasing Press Release
- Directions to Stop Unwanted Calls and Texts to Your Mobile Phone
- "Your lease rates are too high"
- Bulletin Board Complaint
   Balboa Capital, Irvine, California
- Provide “Added Value” by Protecting Your Customer
    Get Repeat Customer/Vendor Business with These Tips
      By Christopher Menkin
- Reader Complaint About LEAF Financial Investment (Collection)
- 2015 U.S. Digital Future in Focus
     by comScore
- Report: “The Impact of Alternative Financing on the
    Equipment Leasing and Finance Industry"
- The Equipment Leasing and Finance Foundation Releases
 study "Digital Documents in the Equipment Finance Industry”
- Bulletin Board Complaint Matrix Business Capital
    First Response to Cease & Desist
- US Business Funding, Newport Beach, California
  Bulletin Board Complaint $5,915 Deposit Made in 2013
- Loan/Lease Regulations --- Update
   Don’t Have a License? Not Caught, You’re Lucky, so Far
- Update--Balboa Files: "It was an Operating Lease"
   By Tom McCurnin and Frank Peretore 
- Leasing Brokers: When May You Collect a Commission?
- Bulletin Board Complaint
    Integrity Financial Groups, Alpine, Utah
- “Capital” or “Finance” in Name, Better Have a License
- Bulletin Board Complaint
  Brian Acosta/Matrix Business Capital
- Maricle Found Guilty in Not Returning Advance Fees  
- Balboa Capital Sued in Federal Court for
        Bait and Switch Sales Tactics
- Details, Details...How Important are they?
   Very, When the Lessor Sneaks in a Blanket Lien
- What is Leasing?
    Legal Definitions by Leasing News Legal Editor Tom McCurnin
- Invest in Your Country
  U.S. Savings Bonds
- How to be a “Leasing Expert Witness”
    and Make Extra Income
- 2014 Survey Reports Expert Witness Hourly Fees
    Record All-Time Highs
- Your Photograph on
Use a Password Generator
- Banks Turn Toward Leasing for More Profit
- Why Leasing News is Different
- Take Your Banker to Lunch
- Look Out!!! --Two Evergreen/PRR Clause Lessors Merge
   Onset Financial/Mazuma Capital
- Lease Police Tips on Judging Vendors
- Netiquette: Rules of Behavior For Email and the Internet
- Alert: Rudy Trebels Back Soliciting Broker Business
- HL Leasing/John Otto--Update
- NorVergence- Year end, 2013
- Twelve Lawyers Against Evergreen Clause Abuse
- Wants to Go After Lessors and Their Attorneys
   Re: Evergreen Clause Abuses
- Sample of Usury Laws in United States
- Balboa Capital Class Action Case Settled--$5 million?
- Old Cowboy On His Horse
- Leasing Brokers: When May You Collect a Commission?
- Is Long Term Leasing Dead?
- 5 Ways Women Are Better Bosses Than Men
- Balboa Capital, Irvine, California
   $20,543.22 Bulletin Board Complaint
   Alleged “Bait and Switch”
- Female Lease Finance Association Presidents
- Broker’s Responsibility to Obtain
    California Lender’s License
- The Day that Albert Einstein Feared May Have Finally Arrived
- Equipment Finance Agreements Explained/Barry S. Marks
- Royal Links "True Lease" Court Ruling
- "The Memory Shock" –New Book by Barry Reitman
- Jeff Taylor's Leasing Predictions, Spring, 2006
- New Case against Mazuma Capital and Republic Bank
  ---Automatic Evergreen Payment---PPR
- Charles Schwartz and Allied Health
- Copier Wars---It's more than the lease payment
    by Christopher Menkin
- Leasing Gypsies
- Verifying Tax Returns
- Special Report: Part I
   Could Church Kiosks, Royal Link Carts, NorVergence results been avoided?

   The use of “Equipment Finance Agreements”
- Special Report: Part II
    Bank of the West

   Equipment Lease Agreement (EFA)
- California License Web Addresses
- Settlement Costs vs. Litigation Costs