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

kitmenkin@leasingnews.org
   


 

SALES POSITIONS AVAILABLE

We are a premier self-funded small ticket and
middle market full service equipment finance company.
Our compensation programs are aggressive and include full insurance benefits, matching 401k, etc.

Positions are available for well experienced industry
professionals with a minimum production level
of $400k per month in funded business.

Please email your resume to sschachtel@bankozarks.com
or call directly at 973-768-7501

Bank of the Ozarks was recognized as the top performing bank
in the United States, based on financial performance,
five years in a row, 2011-2015.
• Rated as “well capitalized” –
the highest available regulatory rating
• Publicly traded company on the
NASDAQ Global Select Market, symbol OZRK
• Headquartered in Little Rock, Arkansas
• Chartered in March 1903, a 111-year heritage

256 Offices, $18.5 billion in assets, second quarter
2016 net income of over $54 million

www.bankozarks.com/equipment

Bank of the Ozarks


We are an equal opportunity employer and give consideration for employment to qualified applicants without regard to race, color, religion, sex, national origin, sexual orientation, disability status, protected veteran status, or any other characteristic protected by federal, state, and local law. Member FDIC.


Monday, October 3, 2016



Today's Equipment Leasing Headlines

Position Wanted – Credit
 Work Remotely or Relocate for Right Opportunity
Top Stories: September 26 - September 30
 (Opened Most by Readers)
Trends in Leasing
  by Barry S. Marks, Esq.
Leasing Industry Ads---Help Wanted
Ascentium Capital/Bank of the Ozarks Equipment Finance
Top Five Leasing Company Websites in North America
  Plus U.S. Alternate Finance Web Sites
Starting a Leasing Company  Part II
  Leasing 102 by Mr. Terry Winders, CLFP
Leasing/Finance/Working Capital/Real Estate Portal
   (Business to Business Direct)
Aggregate Funding Sources
(Online: connects lessees, lessors, and vendors)
Todd Buzard, CLFP, CPA, Receives Cindy Spurdle Award
   from Executive Director Reid Raykovich, CLFP
“Nondisclosure and Confidentiality Agreements”
  Career Crossroad---By Emily Fitzpatrick/RII
Labrador Retriever Mix
 Birmingham, Alabama  Adopt-a-Dog
Twelve Attorneys Against Evergreen Abuse
 Updated
News Briefs---
Illinois Suspends Wells Fargo from Bond,
      Investing Work
Wells Fargo Illegally Repossessed 413 Service Members' Cars
    — And That's Just the Tip Of The Iceberg
Federal Judge Says Payday Loan Mogul Scott Tucker
  and Others on the Hook for $1.266 billion
Tesla’s Third-Quarter Sales More Than Double
      From a Year Ago
The Story Behind Arnold Palmer’s ‘Arnold Palmer’
(Couldn’t Pass this one Up)

Broker/Funder/Industry Lists | Features (writer's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months

www.leasingcomplaints.com (Be Careful of Doing Business)
www.evergreenleasingnews.org
Leasing News Icon for Android Mobile Device 

You May have Missed---
  Baseball Poem
    Sports Briefs---
      California Nuts Brief---
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           Daily Puzzle
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######## 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 send a colleague and ask them to subscribe. We are free.
Email kitmenkin@leasingnews.org and in subject line: subscribe


[headlines]

--------------------------------------------------------------

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:
http://www.leasingnews.org/Classified/Jwanted/Jwanted.htm
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. 

Credit

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
aaacorrespondent@gmail.com

Chicago, Illinois
Highly knowledgeable and analytical Equipment Leasing Executive; leveraging 25 years in Portfolio Management, Operations, Credit, and Collections within Banking environment and Commercial Equipment Leasing Industry; proven track record, developing/ implementing strategies, sound operational excellence and process improvement, while maximizing revenues and positioning organizations for greater success. wgriffith61@yahoo.com 
Resume

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. 
rpsteiner21@aol.com
 
407 430-3917

 


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

[headlines]
--------------------------------------------------------------

Top Stories: September 26 - September 30
(Opened Most by Readers)

(1) Entire Industries Still Unbankable
          Despite Big Data Boom
http://leasingnews.org/archives/Sep2016/09_30.htm#entire

(2) New Hires/Promotions in the Leasing Business
       and Related Industries
http://leasingnews.org/archives/Sep2016/09_30.htm#hires

(3) Cross Section of Leasing Executives
  on Month of August Business plus 4th Quarter Prediction
http://leasingnews.org/archives/Sep2016/09_28.htm#cross

(4) So You Want to Start a Leasing Company
   Leasing #102 by Mr. Terry Winders, CLFP
http://leasingnews.org/archives/Sep2016/09_26.htm#so

(5) Two Ex-Wells Fargo Bankers Sue for $2.6B Over Firing
The goal, they say: eight Wells Fargo accounts per household
http://www.usatoday.com/story/money/2016/09/25/ex-wells-fargo-employees-sue-over-scam/91079158/

(6) No Time for a Salesman
    Cartoon
http://leasingnews.org/archives/Sep2016/09_28.htm#cartoon

(7) Cedar Rapids Begins Evacuations Ahead of Major Flood
  Our Best to Great America Finance  et. al.
http://www.wsj.com/articles/cedar-rapids-begins-evacuations-ahead-of-major-flood-1474832444

(8) ELFA MFLI-25 Reports August New Business Up 10%
          Up 11.9% Compared to Last Year
http://leasingnews.org/archives/Sep2016/09_26.htm#elfa

(9) New York Federal Upholds Absolute Guaranty
  by Tom McCurnin, Leasing News Legal Editor
http://leasingnews.org/archives/Sep2016/09_26.htm#ny

(10) Sales Make it Happen by Steve Chriest
   Question: I Make More Sales by Listening, Not Talking
http://leasingnews.org/archives/Sep2016/09_28.htm#question 

 


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

 

[headlines]
--------------------------------------------------------------

 

Trends in Leasing
by Barry S. Marks, Esq., CLFP

The law is an ever-changing discipline and sometimes its evolution goes a bit toward the dodo bird rather than the eagle. 

Because we spend so much time in the industry, we find ourselves raising eyebrows over trends in equipment finance litigation and other hot-button issues. Here are a few things we have been talking about in the office. Take a look at your documents, even if we prepared them, and check your policies and practices. Give us a call if any of these apply to you. 

1. Interim Rent. After years of waiting for the other shoe to fall, we now have litigation regarding interim rent. With particular reference to Equipment Finance Agreements and $1-Out Leases, all of which are full payout obligations, the practice of charging 1/30th of a rent payment may leave a lender/lessor vulnerable. 

Recognize that we are not arguing the ethics of the issue, nor are we questioning legal enforceability at this time. The argument can be made, however, that charging an additional amount that is conceptually "principal" results either in undisclosed interest or excess principal being collected. This exposure is even greater, of course, where rents are collected quarterly, resulting in as much as three additional months of what a borrower's lawyer would call "overpayment."

There are several ways to fix this situation and whether it applies to a given transaction depends on the transaction economics and the wording of the document. 

2. Identity Theft. Several states are considering or enacting legislation regarding the failure to protect a customer's identity. If your documents include disclosure of social security numbers or other potentially sensitive information, it may be advisable to move these disclosures to a document that will not be included in a syndication package or otherwise available to third parties. Cybersecurity is, of course, a major issue for banks and is being passed along to lessors in several instances. Remember that good old paper identity theft is no less a problem.

3. Damages. It is amazing that the variation in remedies clauses is so great.  How does your lease handle such issues as the lessee's failure (or refusal) to return equipment? The definition of a lease "termination" or "cancellation" (which is different under the UCC)? The calculation of future rents and how this can be worded so as to avoid the claim that the lessor is entitled to an unenforceable "penalty?" 

Most of all, does your operations staff recognize when it can require payment of late fees or call a default and are your procedures for these standardized?  Do your various document forms include the same basic calculation or can they be confusing to your staff? 

4. Doc Fees. While there is no major change here at the present time, we continue to be concerned where doc fees are either not clearly disclosed or cannot be justified in terms of actual out-of-pocket costs. Simply including somewhere in the document a statement to the effect that the fees are not intended to represent actual reimbursements may save potential liability. 

5. Interest Rate Disclosures. We continue to advise that an Equipment Finance Agreement should either disclosure the interest rate implicit in calculating monthly payments, or state the equipment cost or that another figure will be used to calculate payments. We recommend that the document enable the borrower to calculate the actual rate of interest it will pay. There are states in which it could be argued that this disclosure is required, but the more important issue is that the document not state a rate of interest if that amount is arguably incorrect because of purchase price adjustments, interim payments or other circumstances. 

Barry S. Marks - 205.251.8303
barry@leaselawyer.com
Marks & Associates, P.C.
400 Century Park South
Suite 100
Birmingham, AL 35226

Barry Marks, Esq., CLFP, was the original attorney for National Association of Equipment Leasing Brokers and a very forward thinking, bright attorney and practical businessman. He helped the organization grow and recommended Joe Bonanno, CFLP, to take his position when he retired to become an ex-officio board member. Barry was winner of the Bill Granieri award for leasing education. Always available to answer leasing and finance questions at no charge and to brainstorm problems and solutions, he is a published author and co-author of books on leasing.

 

 

[headlines]
--------------------------------------------------------------

Leasing Industry Ads---Help Wanted Opportunity

Please call for a telephone interview

SALES POSITIONS AVAILABLE

We are a premier self-funded small ticket and
middle market full service equipment finance company.
Our compensation programs are aggressive and include full insurance benefits, matching 401k, etc.

Positions are available for well experienced industry
professionals with a minimum production level
of $400k per month in funded business.

Please email your resume to sschachtel@bankozarks.com
or call directly at 973-768-7501

Bank of the Ozarks was recognized as the top performing bank
in the United States, based on financial performance,
five years in a row, 2011-2015.
• Rated as “well capitalized” –
the highest available regulatory rating
• Publicly traded company on the
NASDAQ Global Select Market, symbol OZRK
• Headquartered in Little Rock, Arkansas
• Chartered in March 1903, a 111-year heritage

256 Offices, $18.5 billion in assets, second quarter
2016 net income of over $54 million

www.bankozarks.com/equipment

Bank of the Ozarks


We are an equal opportunity employer and give consideration for employment to qualified applicants without regard to race, color, religion, sex, national origin, sexual orientation, disability status, protected veteran status, or any other characteristic protected by federal, state, and local law. Member FDIC.




[headlines]
--------------------------------------------------------------

 

Top Five Leasing Company Websites in North America
Plus U.S. Alternate Finance Web Sites

By Kit Menkin

In each reporting of Top Five Websites, CIT and Direct Capital seem to trade places, one is first, the other is second, and vice versa. Ironically, Direct Capital is a Division of CIT Bank, N.A. In this report, Direct Capital is second and CIT is third. Crest Capital is number one. It also pushes Financial Pacific, a subsidiary of Umpqua Bank off the top five list. It is interesting to speculate why this company came in number one.

www.crestcapital.com website opens up with an Instant Quote Calculator that responds by email:

The site begins:

One Simple Application and No Financial Statements up to $250k!

We’re Not a Bank, We’re Crest Capital!

Established in 1989, Crest Capital is a national lender specializing in providing growing businesses with no-hassle equipment financing and leasing. Quickly, easily, and at great rates.

Perhaps the reason for the website popularity: it has a special section (endorsement, too) on Section 179 Deduction (it also promotes on the internet by search on the browser to learn about the tax deduction).

The site also has a 179 Tax Deduction Calculator for the reader to use:
https://www.crestcapital.com/tax_deduction_calculator

A real key to the popularity of the Crest Capital site may be it has the longest time recorded as a visit to the site, 14 minutes and 16 seconds, further indicating that its approach is bringing them a lot of business. I bet their fourth quarter will be their best ever.

(The lower the rating, the higher of the list of websites visited
the most, according to Alexa.com)

Categories:
Sites’ Visitors United States
Sites’ Visitors World Wide
Daily Time on Site
Visits to Sites from Search Engine
Sites Linking In

Time on Site: 14:16
www.crestcapital.com
USA Alexa Traffic Rating: 68,069
WWW: 381,795
Sites Linking In: 629
% from Search Engine: 6.8%

Time on Site: 2:02
      Previous: 2:10
www.directcapital.com
USA Alexa Traffic Rating: 69,024
                       Previous: 73,286
   WWW:  233,053
Previous:  210,860
Sites linking in: 446
        Previous: 463
% from Search Engine: 18.5%
Previous: 20.2%

Time on Site: 2:45
     Previous: 2:44
www.cit.com
USA Alexa Traffic Rating: 79,412
                       Previous: 65,163
   WWW: 248,365
Previous: 234,516
Sites Linking in: 519
         Previous: 527
% from Search Engine: 8.6%
Previous: 9.2%

 

Time on Site:
      Previous: 3:52
www.timepayment.com
USA Alexa Traffic Rating: 106,963
                        Previous: 115,060
                           WWW: 574,336
                       Previous: 523,837
Sites Linking in: 55
         Previous: 52
% from Search Engine: 15.7%
Previous: 9.6%

Time on Site: 2:27
      Previous: 2:18
http://www.balboacapital.com/home.aspx
US Alexa Traffic Rating: 135,406
                     Previous: 124,963
    WWW: 674,657
Previous: 528,919
Sites Linking in: 137
          Previous: 149
% from Search Engine: 14.1%
Previous: 15.2%

 

Note: Many leasing companies affiliated with banks are included
in the bank website and therefore an independent rating of visitors is not available.

U.S. Alternate Finance Web Sites: Alexa Report

Note: The Top eight websites have many more visitors than the top five leasing websites, as well as time on the site.

Categories:
Sites’ Visitors United States
Sites’ Visitors World Wide
Daily Time on Site
Visits to Sites from Search Engine
Sites Linking In

 

 The companies chosen came from www.deBanked.com,
perhaps the leader in Alternate Finance online media
 (It also has a very high readership.)

 

[headlines]
--------------------------------------------------------------

 

Starting a Leasing Company  Part II

In addition to my last article on what it takes to create a leasing company you, need to consider the time it takes to breakeven. Book income is difficult because your expenses, such as sales commissions, credit investigation fees, etc., are up front from a cash flow perspective but you must amortize them over the life of the lease. It is called IDC expense. In addition income is slow to develop.

Income for book purposes is on the interest method for finance leases and on the straight line method for operating leases. Let’s look at income to see how it develops. Here is an example of a $100,000 lease for 60 months at a rate of 10% with a 6% money cost. It will produce the following “Gross“ income each month the first year after money costs and before expenses:

Finance lease income:

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

$327

$322

$317

$312

$307

$302

$296

$292

$286

$281

$276

$271

Operating lease income:

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

$169

$169

$169

$169

$169

$169

$169

$169

$169

$169

$169

$169

Now consider how many deals you have to make to cover your expenses and make a profit and, after you extend the income numbers on your worksheet and place in the volume that you hope to create, you will probably see that the number of months it takes usually is greater than 30 months. In addition, you must create a lease loss reserve equal to a percentage of your outstandings that your accountant or auditor is comfortable with and usually it amounts to 2% to 4% depending on the quality of credits you hold and your delinquency levels. Plus, while the lease loss reserve is being created, any actual losses will be charged to income as they occur. So as IDC and actual up front expenses are paid including collecting and remitting taxes to the various states, the upfront cash flow will not be offset by much income.

There is a contrast between the need to have true leases so you can realize value from residual sales and finance leases where income is quicker. However, true leases can be difficult because they usually require operating lease classification for GAAP, increasing the time to breakeven. Also, you cannot offer any rate reduction from tax advantages because unless you have a parent company that can use the depreciation, it is of no value, leaving you less competitive. The real problem is lasting long enough to reach breakeven.
You also need to run the numbers on short term leases because the income is faster but lower due to the short nature of the lease term.

Many banks have asked me if it smarter to form a leasing division or to form a new subsidiary. I much prefer the division because you can tap into the bank’s loss reserve and there is less pressure to make income quickly. Too many banks set up leasing operations and expect to make money in a few months. If you are starting from scratch, it takes a long time to create a volume that covers expenses and offers a small profit.

If you plan to start a leasing operation, please create a business plan, and do a good job of detailing your expenses, and have an accountant do an income spread sheet and be very conservative on lease volumes.

Part #1
So You Want To Start a Leasing Company
http://leasingnews.org/archives/Sep2016/09_26.htm#so

 


[headlines]
--------------------------------------------------------------

Leasing/Finance/Working Capital/Real Estate Portal
(Business to Business Direct)



Perhaps the earliest such portals date to when Netscape came on line. Today Google, Yahoo, Opera, Bing, and others provide these searches for free. Portals led those seeking leasing and loans direct to sources. Only one appears active on the Internet today.

http://www.businessfinance.com/

The website states "Search over 4,000 sources of Business Finance and get your free matched list in seconds"
http://www.businessfinance.com/aboutus.asp#axzz3bqWFvQI2

The main page touts small business loans:

Small Business Loans    2,105 sources
Equipment Finance         317 sources
Working Capital             192 sources

Plus
Equity Investments      1,121 sources
Commercial Finance         178 sources
Commercial Mortgages     232 sources

 

 

[headlines]
--------------------------------------------------------------

Aggregate Funding Sources
(Online: connects lessees, lessors, and vendors)

http://www.capitalrelay.com

http://www.currencycap.com

 

[headlines]
--------------------------------------------------------------

 

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

Todd Buzard, CLFP, CPA, Receives Cindy Spurdle Award
from Executive Director Reid Raykovich, CLFP

The Certified Lease & Finance Professional (CLFP) Foundation is proud to announce that Todd Buzard, CLFP, CPA, of First American Equipment Finance, was awarded the annual Cindy Spurdle Award of Excellence. The award was created to acknowledge the CLFP who has contributed the most to the industry and best represents the CLFP ideals for the year.

Reid Raykovich, CLFP, Executive Director for the CLFP Foundation stated, “Todd has selflessly devoted time to the Foundation’s efforts to educate not only those within his company, but to attendees at our Academies for Lease & Finance Professionals. He is a favorite amongst attendees for his calm demeanor, and his knowledge.”


Alan Sikora, CLFP, CEO of First American Equipment Finance added, “The CLFP is the preeminent credential in the equipment leasing industry. Todd’s commitment to helping his First American colleagues and other industry professionals achieve this designation is admirable. His efforts augment his students’ professional development while furthering the progression of the equipment finance industry.”

The CLFP designation identifies you as a knowledgeable professional to employers, clients, customer, and peers in the leasing industry. There are currently 370 Certified Lease & Finance Professionals throughout the world. For more information, call (206) 535-6281 or visit www.CLFPfoundation.org 

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


[headlines]
--------------------------------------------------------------

 

Nondisclosure and Confidentiality Agreements
Career Crossroad---By Emily Fitzpatrick/RII

Employers may have Candidates sign a Nondisclosure Agreement for them not to share proprietary information.  A Recruiter may also require it. 
A Nondisclosure Agreement is a legal agreement between an employer and employee or potential employee. It lays out terms and conditions that prohibit the employee or prospective employee from disclosing confidential information. In other cases, an employer may be interested in keeping company information private.  As a binding, document, the employer would have some recourse if company confidential or proprietary information was shared (as might a Recruiter).

Sample Reasons an Employer Might Require the Agreement :

    • Confidential search and management/senior-level job interviews during which classified material is disclosed to the Candidate. This information must be shared if hiring a senior staff person(s). The potential employee will want to review and consider highly sensitive material in their decision process. Without disclosure, the employer and Candidate would not be able to determine whether there is a good fit.
    • Situations involving due diligence or any interaction during which confidential information is shared. During due diligence, any person who must review private company information is required to sign a Nondisclosure Agreement: owners, product review senior employees, and so forth.
    • Consultant or contractor discussions and any products that result from the contractual work performed
    • Employers benefit from these types of agreements as they keep individuals from sharing proprietary trade secrets, strategic plans, and other confidential information with competitors. 

If a Recruiter takes on a Confidential Search, typically, the Recruiter is instructed that all potential Candidates must review and sign it.  The prospective employee will be made aware before engaging in the interview process that it is a requirement in the Candidate selection process. 
There are many cases where, once a Candidate has been identified, the new employer will have them sign a Noncompete which relates to not working for a competitor or soliciting the employer’s clients should they be terminated or leave voluntarily. 
Note: Recruiters are not lawyers, so you may want to review with an attorney or a legal representative any Nondisclosure Agreement or Confidentiality Agreement you are required to sign.  However, if you are looking just to engage in an interview process, there should be no issues. 

Emily Fitzpatrick
Sr. Recruiter
Recruiters International, Inc.
Phone:  954-885-9241
Cell:  954-612-0567
emily@riirecruit.com
www.riicareer.com
Invite me to Connect on LinkedIn
www.linkedin.com/pub/emily-fitzpatrick/4/671/76
Also follow us on Twitter #RIIINFO
https://www.pinterest.com/recruitersinter/rii-career-services/

 

Career Crossroads Previous Columns
http://www.leasingnews.org/Conscious-Top%20Stories/crossroad.html

 

[headlines]
--------------------------------------------------------------

Labrador Retriever Mix
Birmingham, Alabama  Adopt-a-Dog


Creme Brulee
ID: 174426

Female
Age: 2 years, 2 weeks
Spayed
Weight: 28.4 lbs.
Primary Color White
Secondary Color: Brown
Spayed
Current on Vaccinations

The Greater Birmingham Humane Society
205-942-1211
300 Snow Drive
Birmingham, AL 35209
contactus@gbhs.org

http://www.adoptapet.com/

 

[headlines]
--------------------------------------------------------------

Updated

Twelve Attorneys Against Evergreen Abuse


The original intention of the Evergreen clause in an equipment leasing contract was to have an alternative to when the lessee did not exercise the residual at the end of the contract. Often the clause calls for an automatic additional twelve months when the residual is not resolved.

In most cases, the lessor notifies the lessee that the residual will be due, often ninety days in advance. However, often there is nothing in the contract that requires the lessor to notify the lessee regarding the expiration of the contract.

Contrarily, many small ticket lessors do not notify the lessee, and automatically continue the lease, often via an ACH or continued billing, which often goes unnoticed until many payments have already been made.

Leasing News would like to see an industry standard that lessees are notified in advance of the expiration of their contract regarding its termination. We support the clause, and the notification requirement is wide open, meaning 90, 60, even 30 days and by telephone or mail.

This list of attorneys agrees with this and will be available to lessees, sometimes able to help them without a fee, or at a reduced rate, in an effort to end the abuse of Evergreen clause leases.

Jim Coston
Coston & Coston LLC
105 W. Adams Street
Suite 1400
Chicago, Illinois 60603
(312) 205-1010
jcoston@costonlaw.com
(In 1998, he was elected to the United Association of Equipment
Leasing Board of Directors, and in 2003-04 was the first
attorney to become UAEL President, very active in his political party.)

Ronald J. Eisenberg
Schultz & Associates LLP
640 Cepi Drive, Suite A
Chesterfield, MO 63005
(636) 537-4645 x108
(636) 537-2599 (fax)
www.sl-lawyers.com
(Proven Leasing Litigator, well respected by all sides)

Ronald P. Gossett
Gossett & Gossett, P.A.
400 Seridan Street, Building I
Hollywood, Florida
954-983-2828
Fax: 954-983-2850
rongossett@gossettlaw.com
(Many cases including NorVergence, Brican, among others, a winner)

Ken Greene
Law Offices of Kenneth Charles Greene
5743 Corsa Avenue Suite 208
Westlake Village, California 91362
Tel: 818.575.9095
Fax: 805.435.7464
Skype: 424.235.1658
kenlaw100@gmail.com
(Ken was involved in the formation of Leasing News and
represented it (pro bono) in the early days.)

Peter S. Hemar, Esq.
Hemar & Associates, Attorneys at Law
2001 Wilshire Blvd., Suite 510
Santa Monica, CA 90403
Telephone: (310) 829-1948
Fax: (310) 829-1352
phemar@hemar.com
(My firm supports the clause giving lessees advance 
notice of the expiration of their contract.)

Brandon J. Mark
Attorney at Law, Admitted in Utah and Oregon
Parsons Behle & Latimer
201 South Main Street, Suite 1800
Salt Lake City, UT 84111
Direct Dial 801.536.6958
Facsimile 801.536.6111
www.parsonsbehle.com
BMark@parsonsbehle.com
(His firm represents banks who buy leases, and his
clients refuse to buy these types of leases.)

Barry S. Marks
MARKS & ASSOCIATES, P.C.
Financial Center - Suite 1615
505 North 20th Street
Birmingham, Alabama 35203
P. O. Box 11386
Birmingham, Alabama 35202
barry@leaselawyer.com
www.leaselawyer.com
205.251.8303
fax 278.8905 (Direct) 251.8305 (Main)
(Well-known to the leasing industry, also Alabama Poet)

Tom McCurnin
Barton, Klugman & Oetting
350 South Grand Ste. 2200
Los Angeles, CA 90071
Voice: (213) 617-6129
Fax: (213) 625-1832
Cell: (213) 268-8291
Email: tmccurnin@bkolaw.com
(Leasing News Advisor/Leasing News Legal Editor,
Well-Known top Leasing Litigator)

Frank Peretore
Chiesa Shahinian & Giantomasi
West Orange, New Jersey
http://www.csglaw.com/biographies/frank-peretore 
Phone 973-530-2058
fperetore@csglaw.com
(Experienced leasing attorney, aggressive, author, active
National Equipment Finance Association, ELFA, too)

Ellen Stern
Ellen Michele Stern
17630 El Mineral Rd
Perris, CA 92570
951-443-4000
leaselaw@msn.com
(Long time Southern California leasing attorney, well-respected)

Kevin E. Trabaris, Partner
Latimer LeVay Fyock LLC
55 W Monroe St
Suite 1100
Chicago, IL 60603
Work: 312.667.1354
Cell: 847.840.4687
Email: ktrabaris@llflegal.com
llflegal.com/attorneys/kevin-trabaris
"In my career, I’ve repeatedly seen this provision misused
by unscrupulous lessors and think it’s a bad idea for both
the lessee and the lessor."

Michael J. Witt, Esq.
MICHAEL J. WITT LAW OFFICES
4342 Oakwood Lane
West Des Moines, IA 50265
Tel: (515) 657-8706
Mobile: (515) 868-1067
Fax: (515) 223-2352
email: MWitt@Witt-Legal.com
 Web:  www.witt-legal.com
(Former Advanta Leasing
and Wells Fargo Equipment Finance attorney)

 

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

[headlines]
--------------------------------------------------------------


News Briefs---

Illinois Suspends Wells Fargo from Bond,
      Investing Work
http://www.bloomberg.com/news/articles/2016-09-30/illinois-to-suspend-wells-fargo-from-bond-investing-work

Wells Fargo Illegally Repossessed 413 Service Members' Cars
    — And That's Just the Tip Of The Iceberg
http://ijr.com/2016/10/705686-wells-fargo-illegally-repossessed-413-service-members-cars-and-thats-just-the-tip-of-the-iceberg/ 

Federal Judge Says Payday Loan Mogul Scott Tucker
  and Others on the Hook for $1.266 billion
http://www.kansascity.com/news/local/crime/article105423131.html

Tesla’s Third-Quarter Sales More Than Double
      From a Year Ago
http://www.wsj.com/articles/teslas-third-quarter-sales-more-than-double-from-a-year-ago-1475435416

The Story Behind Arnold Palmer’s ‘Arnold Palmer’
(Couldn’t Pass this one Up)
http://www.sonomanews.com/home/6138955-181/the-story-behind-arnold-palmers


[headlines]

--------------------------------------------------------------


--You May Have Missed It

Suzanne Mitchell, Who Made the Dallas Cowboys Cheerleaders
   a Global Brand, Dies at 73
http://www.nytimes.com/2016/10/01/sports/suzanne-mitchell-who-made-the-dallas-cowboys-cheerleaders-a-global-brand-dies-at-73.html?ref=sports


--------------------------------------------------------------

Baseball Poem

 The Catchers Learns the Motion
by Tim Peeler


and is often the hub of the movements,
he reads the Morse code of the pitcher
and returns the speech of the dumb,

he loves the sphere and its ridges,
rips it from the tight mitt
with or against the seams
whistles it from a frog squat.

the catcher learns
he is the hat of the hat dance,
the pitcher may think himself
the center of gravity,
but the catcher
waits at the apex of the great angles,

slaps the leather trap
on the errant razor
as it spits up from the dust.

the catcher imprints the motions of the hitters,
checks the rhythm of their passages,
knows he must slip an extra measure
at the end of their cha-cha-cha,

the catcher is the great disturber,
can cock twice on his return throw,
spit on the plate, call for the "buzzer"
block the ump's clear visage,

bilingual kamikaze
chattering like a wired chimp,
muttering with silent busted digits,
sacrificing legs
to the varicose crouch and
the ruinous crunch
of the few that get through
to thin armor .

Touching All Bases
Poems from Baseball
Tim Peeler
www.mcfarlandpub.com


[headlines]

--------------------------------------------------------------


Sports Briefs----

U.S. Captures Ryder Cup, Ending Europe’s Streak
http://www.nytimes.com/2016/10/03/sports/golf/ryder-cup-united-states-beats-europe-hazeltine.html?ref=sports&_r=0

DeForest Buckner carted off in 49er 24-17 defeat to Cowboys
http://www.mercurynews.com/2016/10/02/49ers-drop-their-straight-navorro-bowman-deforest-buckner-carted-off-in-24-17-defeat-to-cowboys/

Giants clinch wild-card berth in season finale
    with 7-1 win over Dodgers
http://www.sacbee.com/sports/mlb/san-francisco-giants/article105557681.html

Derek Carr Hits Michael Crabtree for
    Game-Winning 23-Yard TD to Beat Ravens
http://bleacherreport.com/articles/2667176-derek-carr-hits-michael-crabtree-for-game-winning-23-yard-td-to-beat-ravens

Patriots' loss no more than an afterthought with Tom Brady returning
http://www.usatoday.com/story/sports/columnist/nancy-armour/2016/10/02/tom-brady-return-bill-belichick-new-england-jimmy-garoppolo/91447112/

Carson Palmer in concussion protocol after Cards loss to Rams
http://www.theredzone.org/BlogDescription/tabid/61/EntryId/59012/Carson-Palmer-in-concussion-protocol-after-Cards-loss-to-Rams/Default.aspx

NFL Scoreboard
http://nytimes.stats.com/fb/scoreboard.asp

Fans got to new downtown Sacramento, CA, arena
    every which way Saturday night
http://www.sacbee.com/news/local/transportation/back-seat-driver/article105534846.html#emlnl=Todays_Top_Stories

The Oregon Ducks are plummeting toward
    their worst season in a decade
http://www.oregonlive.com/ducks/index.ssf/
2016/10/goe_the_oregon_ducks_are_plumm.html#incart_river_home_pop

 

[headlines]
--------------------------------------------------------------

California Nuts Briefs---

Loma Fire: Blaze Grows To 4,474 Acres
    With Containment at 66%
http://www.mercurynews.com/2016/10/02/loma-fire-some-residents-can-return-home-as-evacuation-orders-begin-to-lift/

[headlines]
--------------------------------------------------------------




“Gimme that Wine”

http://www.youtube.com/watch?v=EJnQoi8DSE8

PlumpJack Group buys Napa mountain vineyard
http://www.northbaybusinessjournal.com/northbay/napacounty/6147031-181/plumpjack-napa-ladera-winery-vineyard?artslide=0

Proposed Kenwood resort in Sonoma faces scrutiny
http://www.sonomanews.com/home/6130785-181/proposed-kenwood-resort-faces-scrutiny?artslide=0

Southern Oregon Harvest Heats Up for Homestretch
http://www.winesandvines.com/template.cfm?section=news&content=175192

Northern Michigan growers building a wine reputation
http://www.petoskeynews.com/featured-pnr/northern-michigan-growers-building-a-wine-reputation/article_500e413b-a3c1-59f9-920e-215d3cc11c14.html

Restaurants that time forgot
http://www.sonomanews.com/lifestyle/6139112-181/restaurants-that-time-forgot?ref=most


Free Mobile Wine Program
http://leasingnews.org/archives/Feb2010/2_26.htm#mobile

Wine Prices by vintage
http://www.winezap.com
http://www.wine-searcher.com/

US/International Wine Events
http://www.localwineevents.com/

Leasing News Wine & Spirits Page
http://two.leasingnews.org/Recommendations/wnensprts.htm

[headlines]
----------------------------------------------------------------

This Day in American History

  

    1632 - While they did not find a passage to Asia or gold and riches, they did discover tobacco being grown by the American Indians. It became a very valuable crop to the new colonies, in fact so much so, the Massachusetts Court of assistants and General Court, which ruled in Boston, enacted the Tobacco Tax “that no person shall take any tobacco publicly, under pain of punishment; also that everyone shall pay 1d. for every time he is convicted of taking tobacco in any place, and that any Assistant shall have power to receive evidence and give order for the levying of it, as also to give order for the levying of the officer's charge.“
    1692 - In Massachusetts, Increase Mather published his "Cases of Conscience Concerning Evil Spirits." It allegedly had influence in eventually stopping the Salem witch hunt that began in March when some children called unto explain their odd behavior, claimed that three old women had bewitched them. The women were tried, convicted, and condemned on the testimony of the children. Although Gov. William Phips halted the trails in October, 1692, by January 1693, twenty persons condemned for witchcraft had been executed and two had died in prison. which effectively brought an end to the Salem Witch Trials which had begun earlier this year.
    1693 - The earliest description of buffalo or bison hunting in America appeared in French traveler Fr. Louis Hennepin's account of Louisiana. Coming upon a large group of buffalo, the Indians would surround them with a circle of grass fire, leaving a few openings where they waited to ambush the escaping animals.
  1780 - Great Hurricane of 1780 kills 20,000 to 30,000 in Caribbean.
http://www.jamaica-gleaner.com/pages/history/story008.html
    1789 - George Washington proclaimed the 1st national Thanksgiving Day to be Nov 26: “Whereas it is the duty of all nations to acknowledge the providence of Almighty God, to obey His will, to be grateful for His benefits, and humbly to implore His protection and favor; and Whereas both Houses of Congress have, by their joint committee, requested me to "recommend to the people of the United States a day of public thanksgiving and prayer, to be observed by acknowledging with grateful hearts the many and signal favors of Almighty God, especially by affording them an opportunity peaceably to establish a form of government for their safety and happiness: Now, therefore, I do recommend and assign Thursday, the 26th day of November next, to be devoted by the people of these States to the service of that great and glorious Being who is the beneficent author of all the good that was, that is, or that will be; that we may then all unite in rendering unto Him our sincere and humble thanks for His kind care and protection of the people of this country previous to their becoming a nation; for the signal and manifold mercies and the favorable interpositions of His providence in the course and conclusion of the late war; for the great degree of tranquility, union, and plenty which we have since enjoyed; for the peaceable and rational manner in which we have been unable to establish constitutions of government for our safety and happiness, and particularly the national one now lately instituted for the civil and religious liberty with which we are blessed, and the means we have of acquiring and diffusing useful knowledge; and, in general, for all the great and various favors which He has been pleased to confer upon us. And also that we may then unite in most humbly offering our prayers and supplications to the great Lord and Ruler of Nations and beseech Him to pardon our national and their transgressions; to enable us all, whether in public or private stations, to perform our several and relative duties properly and punctually; to render our National Government a blessing to all the people by constantly being a Government of wise, just, and constitutional laws, discreetly and faithfully executed and obeyed; to protect and guide all sovereigns and nations (especially such as have shown kindness to us), and to bless them with good governments, peace, and concord; to promote the knowledge and practice of true religion and virtue, and the increase of science among them and us; and, generally to grant unto all mankind such a degree of temporal prosperity as He alone knows to be best.”    
    1790 - Birthday of John Ross, Chief of the United Cherokee Nation from 1839 to 1866, near
Lookout Mountain , Tennessee. Remembered as a great leader of his people, died August 1, 1866.
(lower half of: http://memory.loc.gov/ammem/today/oct03.html )
    1841 - The 'October Gale' hit New England raising havoc with the Cape Cod fishing fleet. 40 ships were washed ashore and 57 men lost their lives from the town of Truro alone. Inland the storm brought heavy snow with 3 inches at Concord, MA and 18 inches at Middletown, CT
    1862 - Battle of Corinth Confederates under General Earl Van Dorn suffer a major defeat when they fail to recapture Corinth, a vital rail center in Mississippi. Van Dorn hurled his army at the outer defenses of Corinth on the morning of October 3. Over the course of the spring and summer, both Union and Confederate occupiers of Corinth had constructed concentric rings of trenches around the city. The Confederates were initially successful at capturing the outer defenses, driving the 23,000 defenders back nearly two miles. The battle lasted all day, and only nightfall brought relief to the battered Yankees. The next day, the Confederates made a series of desperate assaults on the inner trenches. They suffered heavy losses and began to withdraw from Corinth by early afternoon. The Confederate defeat was devastating. The Union losses included 315 dead, 1,812 wounded, and 232 prisoners, while the Confederate losses included 1,423 dead, 5, 692 wounded, and 2,268 prisoners. The Confederate defeat at Corinth allowed the Union to focus attention on capturing Vicksburg, Mississippi, the last major Rebel stronghold on the Mississippi River.
    1863 - Thanksgiving Day was proclaimed a national holiday by President Abraham Lincoln, to be observed on the last Thursday in November. In 1939 President Franklin D. Roosevelt moved Thanksgiving Day one week back to stimulate Christmas shopping. In 1941 Congress adopted a joint resolution confirming the Fourth Thursday, not the last Thursday, as Thanksgiving Day. 1875- Hebrew Union College was founded in Cincinnati, Ohio under Jewish auspices. It was the first Jewish college in America to train men for the rabbinate.
http://www.huc.edu/about/history.shtml
    1863 - Mary Jackson led more than a thousand women in bread riots in Richmond, Virginia. The women wanted food at affordable prices. Confederate President Jefferson Davis attempted to disperse the crowd with words and money from his pocket, but when the women didn't accept his excuses, the Southern gentlemen called in the city police to disperse the women with clubs. It is not reported that the men of the city accepted less food on their tables in an era when the men of the family ate first and women got the leftovers.
    1895 - Stephen Crane's The Red Badge of Courage is published in book form.
    1899 - John S. Thurman of the General Compressed Air and Vacuum Machinery Company, St. Louis, MO, obtained a patent on a ‘pneumatic carpet renovator. It was a vacuum cleaner driven by a motor.
    1900 - Birthday of author Thomas Wolfe, born Ashville, North Carolina. He is considered one of American's top writers. “You Can't Go Home Again” is a classic, along with his epic autobiographical novel, “Look Homeward, Angel.” He died in Baltimore at age thirty-seven of tuberculosis of the brain.
http://www.wolfememorial.com/
http://www.lib.unc.edu/ncc/wolfe/about.htm
http://library.uncwil.edu/wolfe/wolfe.html
    1901 - The first record company, The Victor Talking Machine Company, is incorporated, later merging with the Radio Corporation of America to become RCA-Victor.
    1902 - Birthday of Harvey Kurtzman (“What? Me Worry?) Cartoonist and founder of Mad magazine, born Brooklyn, NY. At the age of 14 he had his first cartoon published, and he began his career in comic books in 1943. His career led him to ED (Educational Comics) and with the support of William Gaines, he created Mad magazine, which first appear in 1952. He died February 21, 1993, at Mount Vernon, NY.
    1902 - President Theodore Roosevelt becomes the first US president to intervene in a strike by workers when he met with miners and coal field operators in Washington, DC. He appointed a commission that settled the strike later in the month.
http://memory.loc.gov/ammem/today/oct03.html
    1904 - Cookman College opens in Daytona Beach, Florida
http://www.cookman.edu/index.html
    1906 - One of the nation's pioneer retailers, W.T. Grant, opened a 25-cent department store. It would go bankrupt, the largest retailer to do so, the day before its 74th anniversary, 1975.
http://fcit.coedu.usf.edu/florida/photos/business/misc/0453.htm
http://www.goantiques.com/texis,grant_company_preferred,3be9cfe128.html
    1908 - Birthday of song writer Johnny Burke, Antioch, CA.
    1916 - Birthday of Trigger Alpert, born Indianapolis, IN
    1925 - Birthday of jazz promoter George Wein, born Boston, MA. Originated Newport Jazz Festival, 1954, among other contributions to promoting jazz.
    1935  -Louis Armstrong Band cuts “I'm in the Mood for Love,” New York City, ( Decca).
    1941 - Birthday of Chubby Checker (Ernest Evans, musician, singer, best known for “The Twist”, born Philadelphia, PA.
    1942 - Whirlaway, Horse racing's Triple Crown winner in 1941, won the 1942 running of the Jockey Club Gold Cup and became the first horse who win more than $500,000 in career earnings.
    1945 - Stan Kenton and his orchestra recorded "Painted Rhythm" for Capitol Records.
    1947  -New York Yankees pitcher Floyd “Bill” Bevens carried a no-hitter into the ninth inning of Game 4 of the World Series against the Brooklyn Dodgers. With two out and runners on first and second as the result of walks, pinch-hitter Harry “Cookie” Lavagetto doubled off the right-field wall in Ebbets Field. Two runs scored, the no-hitter evaporated and the Yankees lost the game.
    1949 - WERD, first Black radio station, begins operating in Atlanta, GA. 
http://www.blackseek.com/bh/2001/177_werd.htm
    1951 - Bobby Thomson hit a three-run home run with one out in the bottom of the ninth inning off Ralph Branca to give the New York Giants a 5-4 victory over the Brooklyn Dodgers in the deciding game of the 1951 National League playoff. My Dad had taken my brother and I to this game. The Giants entered the ninth trailing, 4-1, Whitey Lockman drove in one run, and then Thomson came to bat with runners on second and third. The home run has gone down in baseball legend as “the Shot Heard Round the World. It was a very disappointing game as I was a Brooklyn Dodger fan and my brother a New York Giant's fan. The Giants' comeback in the pennant race to tie the Dodgers at the end of the regular season is known to baseball buffs as “The Miracle of Coogan's Bluff.”
    1951 - Top Hits
“Because of You” - Tony Bennett
“I Get Ideas” - Tony Martin
“Cold, Cold Heart” - Tony Bennett
“Always Late (With Your Kisses)” - Lefty Frizzell
    1952 - The first video recording on high-definition magnetic tape was made when the electronics division of Bing Crosby Enterprises, Los Angeles, CA, recorded images on magnetic tape, rewound the tape, and immediately reproduced the picture through a standard television monitor tube. A one-inch tape with 12 tracks, 1 for sound, and 11 for pictures, was used. The cost was one-third that of photographic processes.
    1952 - “Mr. and Mrs. North“ premiered on TV. This half-hour murder mystery show began as a comedy radio show based on stories by Richard and Frances Lockridge. A pilot program was released in 1949, but the TV series didn't begin until 1952. It starred Richard Denning as Jerry North and Barbara Britton as his wife Pamela, a New York cou­ple who investigated unsolved murders. Francis De Sales was also featured as Lieutenant Bill Weigand.
    1952 - “Our Miss Brooks” premiered on television. . This half-hour sitcom began on the radio, and unlike many radio programs that moved to TV, most of the original radio cast was retained. It was about a favorite high school English teacher named Connie Brooks (played by Eve Arden). Also featured were Gale Gordon, Richard Crenna, Gloria McMil­lan and Jane Morgan. In the fall of 1955, the setting was changed, and some regulars left.
    1952 - The long-running radio hit The Adventures Of Ozzie and Harriet, now featuring a 12-year-old Ricky Nelson, debuts on CBS-TV, where it will run for another 14 years, bringing the total life of the show to 22 years!
    1954 - Singer Stevie Ray Vaughn Birthday
http://www.hotshotdigital.com/WellAlwaysRemember.4/
StevieRayVaughan.html

http://www.austinlinks.com/Music/srv.html
http://www.texasflood.com/
    1955 - "LIFE" magazine's cover displayed Hollywood's most handsome bachelor, Rock Hudson. He died of aids October 2, 1985 in Beverly Hills, Ca.
http://www.cmgww.com/stars/hudson/rock.html
    1955 - “Captain Kangaroo” made his first appearance. He was on the air until 1985; this was the longest-running children's TV show until “Sesame Street” surpassed it. Starring Bob Keeshan as Captain Kangaroo, it was broad­cast on CBS and PBS. Other characters included Mr. Green Jeans Grandfather Clock, Bunny Rabbit, Mr. Moose and Dancing Bear. Keeshan was an advocate for excellence in children's program­ming and even supervised which commercials would appear on the program. In 1997 “The All New Captain Kangaroo” debuted, starring John McDonough.
    1955 - “Mickey Mouse Club” premiered. This afternoon show for children was on ABC. Among its young cast members were Mouseketeers Annette Funicello and Shelley Fabares. A later version, “The New Mickey Mouse Club,” starred Ken Russell and Britney Spears.
    1957 - “The Real McCoy's premiered on TV. This first successful rural comedy program was one of the most popular, predating similar shows such as “The Beverly Hillbillies” by many seasons. It was set in rural California and featured the McCoys, played by Walter Brennan, Richard Crenna, Kathleen Nolan, Michael Winkelman and Lydia Reed.
    1957 - The Pat Boone Chevy Showroom TV show premieres on ABC-TV. It would last until 1960.
    1959 - Birthday of golfer Fred Couples, Seattle, WA
    1960 - ”The Andy Griffith Show” premiered. This day marks the airing of the first of 249 episodes. Set in rural Mayberry, NC, the show starred Grif­fith as Sheriff Andy Taylor, Ron Howard as his son Opie, Frances Bavier as Aunt Bee Taylor and Don Knotts as Deputy Barney Fife. Although the last telecast aired Sept 16, 1968- more than 12,000 members of “The Andy Griffith Show” Rerun Watchers Club and others celebrate this day with festivities every year.
    1957 - “The Pat Boone Show” premiered on TV. Clean-cut singer Pat Boone hosted three shows between 1957 and 1969. The first was a prime-time variety series with the McGuire Sisters, and the Mort Lindsey Orchestra as regulars. The second show featured the Paul Smith Orchestra and was a daytime variety and talk show. “Pat Boone in Hollywood” was the title of the third, a 90-minute talk show.
    1959 - Top Hits
“Sleep Walk” - Santo & Johnny
“Mack the Knife” - Bobby Darin
“Put Your Head on My Shoulder” - Paul Anka
“The Three Bells” - The Browns
    1961 - “Dick Van Dyke Show”. This sitcom wasn't an imme­diate success but soon became a hit. It starred Dick Van Dyke as Rob Petrie, a TV show writer, and Mary Tyler Moore as his wife Laura, a former dancer. This was one of the first shows revolv­ing around the goings-on at a TV series. Other cast members included: Morey Amsterdam, Rose Marie, Richard Deacon, Carl Reiner, Jerry Paris, Ann Morgan Guilbert and Larry Matthews. The last episode aired Sept 7,1966 but the show remains popu­lar in reruns. Carl Reiner created the series.
    1962 – 11 years to the day after “The Shot Heard ‘Round the World,” the San Francisco Giants came from behind to defeat the Los Angeles Dodgers, 5-4, in the deciding game of their three-game National League playoff. The Giants scored four runs in the ninth inning to advance to the World Series where they lost to the New York Yankees, four games to three.
    1964 - Hurricane Hilda crossed the Louisiana coastline with sustained winds of 120 mph at Franklin, LA. Hilda killed 38 and produced a total damage of $125 million. An F4 tornado spawned by Hurricane Hilda cut a 2 mile path through Larose, LA, killing 22 people and injuring 165.
    1967 - Top Hits
“The Letter” - The Box Tops
“Never My Love” - The Association
“Apples, Peaches, Pumpkin Pie” - Jay & The Techniques
“Laura (What's He Got That I Ain't Got)” - Leon Ashley
    1971 - Billie Jean King won the Virginia Slims Thunderbird tournament in Phoenix to become the first woman tennis player to win more than $100,000 in prize money in a single year.
    1973 - The World Football League was formed as a challenge to the National Football League, but it played less than two full seasons before folding.
    1974 - The only Major League player selected Most Valuable Player in both the American and National Leagues, Frank Robinson was hired by the Cleveland Indians as baseball's first black major league manager. During his playing career, Robinson represented the American League in four World Series playing for the Baltimore Orioles, led the Cincinnati Reds to a National League Pennant and hit 586 home runs in 21 years of play.
    1975 - Top Hits
“I'm Sorry” - John Denver
“Fight the Power” - The Isley Brothers
“Run Joey Run” - David Geddes
“Daydreams About Night Things” - Ronnie Milsap
    1976 - “Quincy” premiered on TV. This medically-oriented crime show starred Jack Klugman as Dr. Raymond Quincy, a medical examiner for the L.A. coroner's office. Quincy's curiosity about his cases led to investigative work which often solved them. Later in the series the show focused on social issues that were unrelated to forensic medicine. IN the final season, Quincy got married to Dr. W. Emily Hanover (Anta Gillette). The last telecast aired on September 5, 1983.
    1977 - The TV event “Elvis in Concert,” filmed just weeks before the King's death, is shown on CBS, with good friend Ann-Margret hosting. It shocks many with the depiction of a bloated and drug-addled Elvis Presley in his final days.
    1979 - An F4 tornado ripped through Windsor Locks, CT. The storm ripped through the Bradley Air Museum totally destroying 16 vintage aircraft. 3 died and damage topped $200 million. As the storm passed 1 mile east of Bradley International Airport, the National Weather Service office reported a wind gust to 86 mph.
    1983 - Top Hits
“Total Eclipse of the Heart” - Bonnie Tyler
“Making Love Out of Nothing at All” - Air Supply
“(She's) Sexy + 17” - Stray Cats
“New Looks from an Old Lover” - B.J. Thomas
    1983 - A five day rain event triggered by moisture from Pacific Tropical Storm Octave finally came to an end over the eastern 2/3rds of Arizona after dropping from 2 to 12 inches of rain. The storm produced the most destructive flooding ever in Arizona with 13 deaths, 1300 homes destroyed. Damage was estimated at $178 million. 20 main highways had to be closed, isolating dozens of towns.
    1986 - “LA Law” premiered on television. Set in the Los Angeles law firm of McKenzie, Brack­man, Chaney and Kuzak, this drama had a large cast. Divorce lawyer Arnie Becker was played by Corbin Bernsen, public defender Victor Sifuentes by Jimmy Smits and managing partner Douglas Brackman by Alan Rachins. Other cast members included Harry Hamlin as Michael Kuzak, Richard Dysart as Leland McKenzie, Susan Dey as Grace Van Owen, Jill Eikenberry as Ann Kelsey, Michael Tucker as Stuart Markowitz and Susan Ruttan as Roxanne Melman. The last telecast was May 19, 1994.
    1991 - Top Hits
“I Adore Mi Amor” - Color Me Badd
“Good Vibrations” - Marky Mark & The Funky Bunch/Loleatta Holloway
“Emotions” - Mariah Carey
“Where Are You Now” - Clint Black
    1992 - A strong low pressure system moved out of the Gulf of Mexico spawning several tornadoes in the Tampa, FL area. One person was killed and 23 homes destroyed as one tornado moved through Largo. 3 people were killed and 75 injured in Pinellas Park as an F3 tornado passed through. Total damage was $32 million. Heavy rains also occurred across North Florida and Georgia with the storm with 8.69 inches at Jacksonville, FL and 10.14 at Brunswick, GA. Strong winds and a long fetch pushed tides 4 to 5 feet above normal along the west coast of Florida. Major beach erosion occurred along the coast of Hillsborough County and at Egmont Key.
    1993 - GORDON, GARY I.,  Medal of Honor
Rank and organization: Master Sergeant, U.S. Army. Place and date: 3 October 1993, Mogadishu, Somalia. Entered service at: ----- Born: Lincoln, Maine. Citation: Master Sergeant Gordon, United States Army, distinguished himself by actions above and beyond the call of duty on 3 October 1993, while serving as Sniper Team Leader, United States Army Special Operations Command with Task Force Ranger in Mogadishu, Somalia. Master Sergeant Gordon's sniper team provided precision fires from the lead helicopter during an assault and at two helicopter crash sites, while subjected to intense automatic weapons and rocket propelled grenade fires. When Master Sergeant Gordon learned that ground forces were not immediately available to secure the second crash site, he and another sniper unhesitatingly volunteered to be inserted to protect the four critically wounded personnel, despite being well aware of the growing number of enemy personnel closing in on the site. After his third request to be inserted, Master Sergeant Gordon received permission to perform his volunteer mission. When debris and enemy ground fires at the site caused them to abort the first attempt, Master Sergeant Gordon was inserted one hundred meters south of the crash site. Equipped with only his sniper rifle and a pistol, Master Sergeant Gordon and his fellow sniper, while under intense small arms fire from the enemy, fought their way through a dense maze of shanties and shacks to reach the critically injured crew members. Master Sergeant Gordon immediately pulled the pilot and the other crew members from the aircraft, establishing a perimeter which placed him and his fellow sniper in the most vulnerable position. Master Sergeant Gordon used his long range rifle and side arm to kill an undetermined number of attackers until he depleted his ammunition. Master Sergeant Gordon then went back to the wreckage, recovering some of the crew's weapons and ammunition. Despite the fact that he was critically low on ammunition, he provided some of it to the dazed pilot and then radioed for help. Master Sergeant Gordon continued to travel the perimeter, protecting the downed crew. After his team member was fatally wounded and his own rifle ammunition exhausted, Master Sergeant Gordon returned to the wreckage, recovering a rifle with the last five rounds of ammunition and gave it to the pilot with the words, "good luck." Then, armed only with his pistol, Master Sergeant Gordon continued to fight until he was fatally wounded. His actions saved the pilot's life. Master Sergeant Gordon's extraordinary heroism and devotion to duty were in keeping with the highest standards of military service and reflect great credit upon him, his unit and the United States Army.
    1993 - SHUGHART, RANDALL D., Medal of Honor
Rank and organization: Sergeant First Class, U.S. Army. Place and date: 3 October 1993, Mogadishu, Somalia. Entered service at: ----- Born: Newville, Pennsylvania. Citation: Sergeant First Class Shughart, United States Army, distinguished himself by actions above and beyond the call of duty on 3 October 1993, while serving as a Sniper Team Member, United States Army Special Operations Command with Task Force Ranger in Mogadishu, Somalia. Sergeant First Class Shughart provided precision sniper fires from the lead helicopter during an assault on a building and at two helicopter crash sites, while subjected to intense automatic weapons and rocket propelled grenade fires. While providing critical suppressive fires at the second crash site, Sergeant First Class Shughart and his team leader learned that ground forces were not immediately available to secure the site. Sergeant First Class Shughart and his team leader unhesitatingly volunteered to be inserted to protect the four critically wounded personnel, despite being well aware of the growing number of enemy personnel closing in on the site. After their third request to be inserted, Sergeant First Class Shughart and his team leader received permission to perform this volunteer mission. When debris and enemy ground fires at the site caused them to abort the first attempt, Sergeant First Class Shughart and his team leader were inserted one hundred meters south of the crash site. Equipped with only his sniper rifle and a pistol, Sergeant First Class Shughart and his team leader, while under intense small arms fire from the enemy, fought their way through a dense maze of shanties and shacks to reach the critically injured crew members. Sergeant First Class Shughart pulled the pilot and the other crew members from the aircraft, establishing a perimeter which placed him and his fellow sniper in the most vulnerable position. Sergeant First Class Shughart used his long range rifle and side arm to kill an undetermined number of attackers while traveling the perimeter, protecting the downed crew. Sergeant First Class Shughart continued his protective fire until he depleted his ammunition and was fatally wounded. His actions saved the pilot's life. Sergeant First Class Shughart's extraordinary heroism and devotion to duty were in keeping with the highest standards of military service and reflect great credit upon him, his unit and the United States Army.
    1995 - In a Los Angeles courtroom, O.J. Simpson was acquitted of the June 12, 1994 stabbing deaths of his wife, Nicole Brown Simpson, and waiter, Ronald Goldman. Simpson smiled and nodded toward the jury, saying “Thank you, thank you.”  O.J. Simpson was found liable for the 1994 death of Ronald Goldman and committed battery against his ex-wife Nicole Brown Simpson in a civil trial jury ruled February 4, 1997. The Superior Court jury awarded $8.5 million in compensatory damages to the Goldman family and to Ron Goldman's biological mother. The jury ruled against Simpson on each of the eight technical questions of liability it was asked to consider. It effectively found Simpson liable for his ex-wife's death, though the Brown family did not seek such a verdict.
http://www.courttv.com/casefiles/simpson/
    1995 - Top Hits
“Jagged Little Pill” - Alanis Morissette
“Dangerous Minds”--Soundtrack 3
“Cracked Rear View”--Hootie
“All I Want”- Tim McGraw
    1998 - "The First Night" by Monica topped the charts and stayed there for 2 weeks.
    2005 - Top Hits
“Gold Digger” - Kanye West Featuring Jamie Foxx
“Shake It Off” - Mariah Carey
“Like You” - Bow Wow Featuring Ciara
“Photograph” - Nickelback
    2007 - The Rolling Stones' "A Bigger Bang" tour, named after their latest album, sets a new world record for grosses when the two-year jaunt rakes in nearly 560 million dollars.
    2010 - The Giants return to the playoffs for the first time in six years when they beat the Padres on the last day of the season. After losing the first two games of the week-end series to San Diego, San Francisco avoids ending the season tied with their West Division foe with a 3-0 victory at AT&T Park.

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