Information, news, and entertainment for the commercial
alternate financing, bank, finance and leasing industries

Add me to mailing listSearch | All Lists | Columnists | Site Map
Advertising| Archives | Classified Ads | This Day In American History

Email the Editor




 

Wednesday, October 20, 2021

Today's Leasing News Headlines

NMLS Transition for California Financing Law
    Licensees: December 31, 2021 Deadline
NVLA Annual Conference – October 2021
    One Ocean Hotel and Resort – Atlantic Beach, Florida
Leasing Industry Ads
    Equipment Vendor Sales Manager Wanted
Sales Make it Happen by Steve Chriest
    Question: I Make More Sales by Listening, Not Talking
The List - September 2021
    The Good, the Bad, and the Ugly
Mortgage Origination 2022 Forecast to Hit $2.59T
    MR Reports
Deposit rates have stabilized, after a long decline,
  in preparation for rising rates in 2022
Signature Bank’s Q3 Deposits Grow by $10B to $95.57B
   income increased to $241.4M from $138.6M
    during the same period last year
Policy Statement
    Leasing News, Inc.
Snapshot now available for Q4 2021
    Equipment Leasing & Finance Industry
Hound & Brittany Spaniel Mix
    New Rochelle, New York  Adopt-a-Dog
SF Net's 77 Annual Convention - Over 700 Signed Up
    November 3- 5, Phoenix, Arizona & Live Online
News Briefs---
Why Powell’s COVID-19 vaccine "breakthrough"
    Infection was deadly
How the Top Team at Allegiant Partners Inc.
    Put their Community and the Earth First
Chef Bobby Flay's Latest Fast Casual Gathers Momentum
    The restaurant is recognized for 'burgers with a twist
Oakland seaport hunts for business amid
    Southern California cargo bottleneck
RV Capital of America Tops WSJ/Realtor.com
    Housing Index in Third Quarter

You May have Missed---
General Electric will require vaccines
for its 56,000 U.S. workers


Broker/Funder/Industry Lists
| Features (wrilter'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

Sports Brief----
 California Nuts Brief---
  "Gimme that Wine"
    This Day in History
     SuDoku
      Daily Puzzle
       GasBuddy
        Weather, USA or specific area
         Traffic Live----

######## surrounding the article denotes it is a “press release,” it was not written by Leasing News nor has the information been verified. The source noted. When an article is signed by the writer, it is considered a “byline.” It reflects the opinion and research of the writer.



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

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

Licensees and applicants under the California Financing Law are reminded of the following:

  • Licensees under the California Financing Law not currently on NMLS must transition onto NMLS by December 31, 2021. 
  • New applicants under the California Financing Law may only apply through NMLS.
  • Existing licensees under the California Financing Law on NMLS must convert to an electronic surety bond through NMLS

For new applicants applying for a license through NMLS and licensees transitioning to NMLS, begin by selecting "Getting Started" from the NMLS Resource Center page. NMLS has state-specific checklists to assist new applicants and licensees transitioning onto NMLS, and FAQs for guidance on transitioning a license onto NMLS.  

For licensees seeking information on converting to an electronic surety bond, background on the electronic surety bond process is available here.

All licensees not yet on NMLS must establish an account in NMLS and transmit their information to the DFPI through NMLS on or before the December 31, 2021 deadline. The time for the DFPI to process the licensee's NMLS transition does not effect the licensure status of the licensee, and may occur after the licensee's December 31, 2021 deadline to submit the licensee's information to the DFPI through NMLS.  

Questions may be directed to CFL.Inquiries@dfpi.ca.gov or (866) 275-2677.

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


 


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

NVLA Annual Conference – October 2021
One Ocean Hotel and Resort – Atlantic Beach, Florida


Rashean Mathis addressing the NVLA Audience

By Jeff Barron, Managing Director, Head of National Sales
Commercial Fleet Leasing with The Bancorp Bank

Following a surprisingly well-attended golf tournament, National Vehicle Leasing Association President Doug Moore kicked things off with a warm welcome at the Opening Reception. Everyone was excited to be meeting in person rather than yet another impersonal Zoom call.  Exhibitors were introduced and each shared a few words about their products.

Thursday morning started bright and early with a seated breakfast. Longtime NVLA friend and MC/Moderator, Charlie Vogelheim, introduced our Opening Ceremony speaker, Rashean Mathis, retired defensive back for the Jacksonville Jaguars and Detroit Lions, who treated the crowd to a personal and heartfelt presentation about what leadership means to us, our families and our colleagues. Thanks to Rashean for agreeing to fill in last minute when our planned Keynote Speaker was unable to attend. 

Future Faces of Leasing was the theme of our first session and featured Pete Stevens of Corporate Fleet Leasing, Paul Najarian, Jr. of ACT Leasing, Inc., and Ben Carfrae of Manchester Leasing Services.  Discussion included the issues of being the next generation in a family-owned business and the challenges in finding new talent in today’s environment.

Sloan Schickler and Mike North next provided our always important Legal & Legislative and Tax & Accounting updates.  Among other times, Mike highlighted the lessee accounting rules that become mandatory for all companies in 2022 and the possible tax changes with pending federal spending bills.  Sloan discussed several topics including current and upcoming state disclosure requirements as well as employer considerations as employees return to offices around the country.

We had to improvise for our Structuring EV Leases session when the planned speaker canceled last minute.  Yours truly and Tom Lauer from BMW pinch hit with Charlie Vogelheim leading the discussion from the planned outline.  Discussion was lively and the audience contributed plenty. 
President Doug Moore bestowed his Presidents Awards to Chris Ponterelli and Mark Van Nest for their tireless contributions to our conference and education efforts. 


Joe McMahon Receiving Clemens-Pener Award

The fun surprise of the day was the recognition of Joe McMahon as the Clemens-Pender Award recipient.  Joe recently retired from McMahon Leasing and was at the conference to see old friends and thought he was invited to the meeting to see his son P.J. McMahon receive the award.  Joe was stunned when it was his name announced and gave a gracious thank-you for the prestigious award.

Next up was Lease Brokering with Paul Erwin from The Huntington Bank, Garrett Kautz from 1st Source Bank, and Scott Crawford from Wilmar, Inc..  The discussion involved considerations of brokering certain leases if you are primarily an in-house lessor.  Scott highlighted cash flow, concentration, vehicle location, and asset types as a few of the aspects he looks at when deciding what to keep and what to broker.

Profit Making in its Simplest Form was the next topic and the discussion was led by Tim Lawrence of LHPH Capital, LLC and Rick Reeves of AFS Dealers.  The goal of this presentation was to show how traditional lessors could use Lease Here Pay Here as an ancillary product to boost cash flow, find profitable homes for their off-lease vehicles, and diversify their business models to better weather economic cycles. 

Wednesday’s final presentation was Reducing Risk at Auto Auctions, presented by Matt Arias of America’s Auto Auction.  Matt is also co-chair of the Standards Committees of the National Auto Auction Association and International Automotive Remarketers Alliance detailing the evolution of arbitration and mediation at dealer auto auctions around the country, and highlighted ways to protect yourself as both buyer and seller. 

Kristen Lanzavecchia of ALG was our second presenter on Thursday and shared a fascinating presentation on today’s unprecedented new and used-car markets and how she and her team crunch current data and economic trends to project residual values for lessors. 

As a follow-up to the earlier Lease Here Pay Here session, Nick Markosian of Markosian Auto and Bill Elizondo of NIADA, took us through the nuts and bolts of managing an LHPH portfolio.  Topics included credit evaluation, pricing, residual setting, and the all-important payment and collection procedures. 

The final presenter of the conference was another longtime NVLA friend, Tom Kontos, of KAR/Adesa Auto Auctions.  Tom brought a thorough analysis of today’s overall economic picture with an emphasis on the automotive landscape and what we might expect over the next few years. 

The Board and staff were very pleased that the conference was well attended and well received.  Thanks to those who made the conference a success. We look forward to seeing everyone in Tucson next year!


Jeff Barron
Managing Director, Head of National Sales
Commercial Fleet Leasing
The Bancorp Bank
jbarron@thebancorp.com



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

Help Wanted Ads


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

Sales Make it Happen
by Steve Chriest


(Question from Reader)
"I make more sales by listening, not talking. My sales manager thinks I should I be more aggressive

I can’t answer the question, “Should you be more aggressive?” I think being a superb listener is what you should strive for and sounds like you have the right idea.

So, what is it that seems to distinguish superb listeners from the rest of us? First, when you watch them listen, they appear to be just listening and not listening through a screen, darkly. They never give the impression that they have an image in their mind that has created a screen through which they see and hear the speaker. Although they may know the speaker, or know something about her, they listen as if it was the first time they had ever met her.

While super listeners are listening, they give the impression there is no one else in the room. All their attention is focused on the speaker. There are no interruptions, no hint of a wandering mind, and their eyes never lose their focus on the speaker. I don't know what it's like for them, but for the speaker the feeling is empowering. There is no sense whatsoever that you are not being heard, and understood, completely.

I have a friend, Rob Martinez, who you know has 100% of my attention when I speak with him.  When you talk with Rob, he leans ever so slightly forward and looks intently at you as you speak. His eyes never wander to other parts of the room and he genuinely appears unaware that anyone else is in the room. There is never a doubt in the speaker's mind that Rob is listening totally with every ounce of energy he can muster.

In observing superb listeners in conversation, I've seen that the people to whom they are listening seem as absorbed in the conversation as they are. As strange as it may sound, there did not seem to be any separation between the speaker and the listener. Nothing from the outside penetrated the conversation.

Superb listeners are able, consciously or out of habit, to focus their entire attention on the speaker. Focusing attention is what is meant by true seeing and true listening. There is no reliance on intention, effort, or images and memories of the past. There is only attention, like the attention you give, at least for a brief moment, to the beautiful song of a bird.

To have a conversation with a superb listener is a joy. It's also an inspiration to me as I constantly observe my lack of listening skills and work to continually improve them. I've been around sales long enough to know that even poor listeners can have successful careers in sales. I'm willing to bet, however, that no matter how good a salesperson you are, your sales will zoom into the stratosphere

if you become a superb listener. It can definitely be more important than being too aggressive.

About the author: Steve Chriest is the founder of Selling UpTM (www.selling-up.com), a sales consulting firm specializing in sales improvement for organizations of all types and sizes in a variety of industries. He is also the author of Selling the E-Suite, The Proven System for Reaching and Selling Senior Executives and Five Minute Financial Analyst, Basic CREDIT & Analysis Tools for Non-Accountants. He was the CEO of a very successful leasing company and executive at a major company. You can reach Steve at schriest@sbcglobal.net




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

The List - September 2021
The Good, the Bad, and the Ugly

 

Complete License and Registration United States
By Kenneth C. Greene, Attorney
https://leasingnews.org/archives/Sep2021/archives_sep2021.htm

The Top Eight Leasing/Finance Company Websites
in North America
https://leasingnews.org/archives/Sep2021/09_13.htm#8

New Rules on Oct. 1 for NMLS Transition
and PACE Program Administrators under California Finance Law
https://leasingnews.org/archives/Sep2021/09_17.htm#rules

AACFB Hosts Successful First Hybrid Conference
Awards and AACFB Bucks Given
https://leasingnews.org/archives/Sep2021/archives_sep2021.htm

The New Disclosure Laws
By Kenneth C. Greene, Attorney
https://leasingnews.org/archives/Sep2021/09_20.htm#laws

ELFA Engage App 3rd Quarter Winner
Winner is Reid Raykovich, CLFP
https://leasingnews.org/archives/Sep2021/09_24.htm#elfa

Brean Capital Closes $50.0 Million
Senior Note Financing
https://leasingnews.org/archives/Sep2021/09_27.htm#brean

ELFA Reports August New Business Down 14%
Compared to July, but up from August, 2020
https://leasingnews.org/archives/Sep2021/09_27.htm#elfa

41 New CLFP's Bringing Total to 1066
Africa, Australia, Canada, India, United States
https://leasingnews.org/archives/Sep2021/09_27.htm#41

CLFP Companies with More than 2 Members
1,066 Total CLFP's
https://leasingnews.org/archives/Sep2021/09_27.htm#clfp

Ken Greene Leasing & Finance Observations
New Disclosure Laws on “True Leases”
https://leasingnews.org/archives/Sep2021/09_27.htm#greene

North Mill Enters Mid-Ticket Financing Space to $1 Million
and Increases Application Only Program to $250K
https://leasingnews.org/archives/Sep2021/09_27.htm#north

Are You Prepared?
Sales Makes it Happen by Scott Wheeler, CLFP
https://leasingnews.org/archives/Sep2021/09_29.htm#are

Complete License and Registration United States
By Kenneth C. Greene, Attorney
https://leasingnews.org/archives/Sep2021/09_29.htm#license

John Kenny, Lease Receivables, former General Manager
  Lease Police, Leasing News Investigator and Columnist
Now Telephones Covid-19 Patients for NY State Dept. of Health
https://leasingnews.org/archives/Sep2021/09_29.htm#tracing




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

Mortgage Origination 2022 Forecast to Hit $2.59T
MR Reports

The Mortgage Bankers Association (MBA) has forecast that purchase mortgage originations are expected to grow 9% to a new record of $1.73 trillion in 2022. After a 14% decline in 2021, the MBA expects refinance originations will further slow next year, decreasing by 62% to $860 billion from $2.26 trillion in 2021.

MBA forecasts mortgage originations to total $2.59 trillion in 2022—a 33% decline from this year. In 2023, mortgage originations are expected to decrease to $2.53 trillion. Purchase originations are forecasted to reach new successive records in 2022 and 2023, while higher mortgage rates and fewer eligible homeowners will lead to further declines in refinance volume.


Mike Fratantoni, Chief Economist and SVP of Research and Industry Technology, said, The economy and labor market rebounded in 2021, but overall growth fell short of expectations because of stubborn supply chain issues that fueled faster inflation, slowed consumer spending, and presented challenges in filling the record number of job openings available.

"With inflation elevated and the unemployment rate dropping fast, the Federal Reserve will begin to taper its asset purchases by the end of this year and will raise short-term rates by the end of 2022.”

The baseline forecast is for mortgage rates to rise, with the 30-year, fixed-rate mortgage expected to end 2021 at 3.1% before increasing to 4.0% by the end of 2022 according to the MBA.

"Mortgage lenders and borrowers should expect rising mortgage rates over the next year, as stronger economic growth pushes Treasury yields higher," said Fratantoni.

Late last week, Freddie Mac’s latest Primary Mortgage Market Survey (PMMS) found the 30-year fixed-rate mortgage averaging 3.05%, with an average 0.7 point, up from the previous week when it averaged 2.99%.

Demand from millennial households, households seeking more space, and still-low mortgage rates are favorable tailwinds for the housing market in 2022, and are behind MBA's expectations of record purchase originations over the next two years.

"The year 2022 should be another strong year for the housing market. Home builders will have more success overcoming current building material shortages and should be able to increase the pace of construction to meet the sizable demand for buying," said Fratantoni.

"More newly built homes and more homeowners listing their homes for sale should lead to some deceleration in home-price growth next year. This is good news for the many would-be buyers who are currently priced out or delaying decisions because of low supply conditions and steep home-price appreciation."

With home prices reaching record highs over the past year, and more recent new construction being larger and more expensive, average loan sizes have also grown and affordability has weakened—especially for first-time buyers. Kan does expect some of the affordability challenges to ease as for-sale inventory grows and home-price growth moderates.

The current supply chain issues impacting home builders are being passed onto buyers, as the National Association of Home Builders (NAHB) reported that the change in price of softwood lumber products that occurred between April 17, 2020 and July 8, 2021 added $29,833 to the price of an average new single-family home.


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

Deposit rates have stabilized, after a long decline,
in preparation for rising rates in 2022

Banks and credit unions are positioning their rates for a rise in the Fed funds rate by mid-2022. Rates of deposits have stabilized, after a long decline, according to the latest data from the FDIC. Moreover, the national average rates of 4 and 5 years certificates of deposits have increased 1 basis point each, to 0.22% and from 0.27% respectively, from their lowest level in July of this year. Additionally, the declining Money Anxiety Index is an indication of anticipation for rising rates.

Historically, banks and credit unions start increasing their deposits rates slightly ahead of the rise in the Fed funds rate because they do not want to be “the last one standing.” Since a large number of depositors shop for higher rates, banks and credit unions may lose accounts and balances to competitors that have optimized their deposit rates in preparation for the anticipated increase in the Fed funds rate.

The annualized inflation rate of 5.4%, which was fueled by the September CPI of 0.4%, suggests that just as soon as the Fed is done with its asset-purchase taper, it is highly likely to start raising the funds rate in order to slow down the rate of inflation. Although some of the increases in prices may be “transitory,” there is growing evidence that some increases in cost, specifically labor cost, are going to be more persistent. Case in point - a record 4.3 million workers quit their jobs in August, led by food and retail industries, which are at the lower end of the pay scale.

The Money Anxiety Index is highly predictive. In alerts the banking system to shifts in the economy and changes in rates. The predictive model, Deposits Dynamics, allows banks and credit unions to price their deposits optimally to avoid liquidity runoff and excessive interest expense. The Deposits Dynamics model adjusts interest rates on deposits to the responsiveness of consumers based on the economic environment. Thus, banks and credit unions have better control over their interest expense and over the management of their liquidity.

About Analyticom LLC
Analyticom LLC is a behavioral economics firm specializing in predictive models of financial behavior. The company is a pioneer in the development and application of the Money Anxiety Theory, which impacts consumer consumption, making up about 70 percent of the U.S. economy, and the equity market, where American households own $29 trillion worth of equities—more than 58 percent of the U.S. equity market.

www.analyticom.com




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

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

Signature Bank’s Q3 Deposits Grow by $10B to $95.57B
Income increased to $241.4M from $138.6M
during the same period last year

Signature Bank added $10 billion in deposits in the third quarter, which included “notable contributions” from its digital assets service. Deposits for the New York-based bank grew to a total of $95.57 billion.


Signature Bank President and Chief Executive Officer Joseph J. DePaolo., said, “Our approach to organic growth, coupled with our industry-leading efficiency, continues to be the best method for capital deployment. Signature Bank’s track record confirms that investing in people is paramount, and the optimal path is to avoid all of the cultural and organizational disruptions that stem from M&A, which are often underestimated. Looking ahead, we will continue to invest in our colleagues whose dedication has brought us to this next chapter. It has always been and will continue to be their efforts that culminate into the thriving institution that has become Signature Bank,

“Our approach to organic growth, coupled with our industry-leading efficiency, continues to be the best method for capital deployment. Signature Bank’s track record confirms that investing in people is paramount, and the optimal path is to avoid all of the cultural and organizational disruptions that stem from M&A, which are often underestimated. Looking ahead, we will continue to invest in our colleagues whose dedication has brought us to this next chapter. It has always been and will continue to be their efforts that culminate into the thriving institution that has become Signature Bank,"


Scott A. Shay, Chairman of the Board, added: “We started as a bank with $50 million in assets, and now, just 20 years later, passed the $100 billion mark purely organically. We believe there is no bank in the history of the U.S. that has grown organically to $100 billion on an inflation-adjusted basis in the same time frame. Organic growth in our case equates to every single banker choosing to work with us and their clients electing to follow them along with many new clients who came to the bank from elsewhere because they heard of our great service and focus on safety. We have not inherited any clients or had legacy ones since we founded the institution ourselves. Clients trust us, and we don’t take their trust lightly.

“We remain committed to providing sleep-at-night safety for our depositors while providing exceptional service. In addition, we continue to identify emerging, safe technologies to afford our clients the ability to transact their business ever more efficiently. We truly believe that the best is yet to come for Signature Bank."

About Signature Bank

Signature Bank, member FDIC, is a New York-based full-service commercial bank with 37 private client offices throughout the metropolitan New York area, as well as those in Connecticut, California and North Carolina. Through its single-point-of-contact approach, the Bank’s private client banking teams primarily serve the needs of privately owned businesses, their owners and senior managers. The Bank has two wholly owned subsidiaries: Signature Financial, LLC, provides equipment finance and leasing; and, Signature Securities Group Corporation, a licensed broker-dealer, investment adviser and member FINRA/SIPC, offers investment, brokerage, asset management and insurance products and services. Signature Bank was the first FDIC-insured bank to launch a blockchain-based digital payments platform. Signet™ allows commercial clients to make real-time payments in U.S. dollars, 24/7/365 and was also the first solution to be approved for use by the NYS Department of Financial Services.

Full Press Release:
https://investor.signatureny.com/pme/press-releases/news-details/2021/Signature-Bank-Reports-2021-Third-Quarter-Results/default.aspx

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


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

Leasing News Policy Statement

Fairness and unbiased reporting always.

We will question any information we think is suspicious. We will try to substantiate it by contacting at least two reliable and unbiased people.

It is the editor's sole discretion as to what is printed. If an opinion or viewpoint is expressed, the writer or writers will be named in the byline of the article, unless anonymity is requested. 

Major corrections will be posted in the next earliest edition at the beginning of the news edition, highlighted in bold, and in the current “online” news edition as early as possible. Typographical errors such as wrong dates and name corrections will be corrected online when noticed by the editor or reader(s), and if necessary, as determined by the editor, may be noted in the next edition as a “Clarification” or “Correction.”

All press releases will be marked proceeding and after with #### Press Release #### to note the article did not originate at Leasing News.

All articles from The Leasing News may be reprinted with proper attribution. Copyrighted cartoons and other content may not be reprinted if it is noted that they originated in another medium.  Permission to reprint those may come only from the copyright owner.

All advertising traded for writing or for support will be so noted below the advertising.

Leasing News follows “The Associated Press Stylebook and Briefing on Media Law” by Perseus Publishing, Cambridge, Massachusetts. "The Chicago Manual of Style," by The University of Chicago Press,  and “The Elements of Style” by William Strunk, Jr. and E.B. White, MacMillan Publishing, Co., Inc.

To be added to the mailing list, you must request it. We do not share our mailing list with anyone.

We follow Internet Netiquette at all times. Our sole purpose is to provide communication to improve the industry.

Christopher Menkin, editor

 

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

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

Snapshot now available for Q4 2021
Equipment Leasing & Finance Industry

The Equipment Leasing & Finance Foundation has released the “Q4 2021 Equipment Leasing & Finance Industry Snapshot,” an indispensable information resource for industry participants. Designed for use in executive briefings and presentations, the presentation slide deck summarizes the current conditions and projections for the U.S. economy and equipment finance industry with clear, easy-to-digest charts and short narratives of key trends.
 
Among the range of details in the new release:

•  Overall, the Foundation projects the U.S. economy will grow by 5.3% in 2021.
•  The U.S. economy expanded at a 6.7% annualized pace in Q2 2021 as business restrictions eased, mobility surged, and consumers unleashed spending across goods and services industries. Growth in Q2 was driven by a surge in consumer spending and business investment.

•  Economic tailwinds for growth this year include:

   o   Consumer financial cushion thanks to savings accumulated during the pandemic, which is keeping financial stress low as pandemic-era relief measures like the foreclosure and eviction moratoria expire.
   o   Labor demand as a historic demand for workers and relatively low levels of hiring are leading workers to negotiate better pay and working conditions.

•  Economic headwinds include:

   o   Stalling consumer mobility with the increase of the Delta variant after a substantially improved spring and early summer. On a positive note, the Delta variant is not expected to depress mobility and spending as much as the virus did last winter.
   o  Supply chain pressures across the world due to disruptions from COVID-related travel and work restrictions, especially in East Asian countries. Port closures and backlogs have been particularly disruptive to supply chains, causing major delays and cancellations that are driving up prices.

•  Additional factors to watch include:

  o   Fiscal policy uncertainty with Congress engaged in debates on various spending and budget items that carry serious economic, financial, and geopolitical consequences.
  o   Concerns of persistently high inflation with historically high expectations among consumers and a significant share of businesses raising prices.
  o   The trajectory of the pandemic if, despite the success of vaccines and some level of natural immunity among those recently infected, another surge occurs that would negatively affect consumer confidence and economic activity.
  o   Monetary policy with Fed watchers expecting a slow return to tighter policy conditions later this year.

•  Equipment investment growth will likely slow, though remain healthy throughout the rest of 2021. Equipment and software investment is projected to expand by a robust 13.2% in 2021, a strong recovery from last year’s pandemic recession.

•   New business volume growth reported in ELFA’s Monthly Leasing and Finance Index expanded 21% year over year in August. Strong business investment is expected to keep new business volume elevated through the rest of the year, though year-over-year growth may ease somewhat.
Prepared for the Foundation by Keybridge Research and updated quarterly, the snapshot is available for free download at https://www.leasefoundation.org/industry-resources/industry-snapshot/ 

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


 

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

Hound & Brittany Spaniel Mix
New Rpchelle, New Ypir  Adopt-a-Dog


Bailey

Female
Young
Medium Size
Apricot/Beige,white/Cream
Coat Length: short
House Trained
Vaccinations up-to-date
Spayed
House Trained
Good in home with
Other Dogs
Adoption Fee $249.99

Meet Bailey

Bailey is a glass full to the top dog. She loves to run around and play. We are doing adoption by appointment only. Fill out the pre-adoption application

https://humanesocietyofwestchester.org/adopt-a-dog/

When the application is submitted,
call the Humane Society of Westchester
914-632-2925 to talk with an adoption counselor.

Humane Society of Westchester
70 Portman Rd.
New Rochelle, NY 10801
https://humanesocietyofwestchester.org/


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

You can join us in-person or online

We now have over 700 industry professionals registered, don't miss your chance to network with them and move your business forward.

You still have time to register for in-person attendance, but you also have the opportunity to join us via our acclaimed online platform, SFNet Connect. Whichever way to choose, you will be connected to top players in secured lending.

Our "No-Risk Registration" policy

To give you peace of mind, we are offering you the flexibility to lock in your spot today with an option to cancel your in-person attendance for any reason up to the day before the event. We’ll refund you the difference between our in-person and our virtual price so you can easily convert to online attendance if anything changes between now and November 2.

Agenda
https://www.sfnet.com/home/77th-annual-convention/agenda-panels

Registration:
https://www.sfnet.com/home/77th-annual-convention/sfnet-connect-registration

Member $1,640
Non-Member $2,895


 

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

News Briefs---

Why Powell’s COVID-19 vaccine “breakthrough”
    infection was deadly
https://www.eastbaytimes.com/2021/10/18/why-powells-covid-19-vaccine-breakthroug

How the Top Team at Allegiant Partners Inc.
    Put their Community and the Earth First
https://tokyocentury-news.com/life/api-put-the-earth-first/

Chef Bobby Flay's Latest Fast Casual Gathers Momentum
    The restaurant is recognized for 'burgers with a twist.
https://www.qsrmagazine.com/exclusives/chef-bobby-flays-latest-fast-casual-gathers-momentum?utm_campaign=20211019&utm_medium=email&utm_source=jolt

Oakland seaport hunts for business amid
    Southern California cargo bottleneck
https://www.mercurynews.com/2021/10/19/oakland-seaport-hunts-business-southern-california-cargo-bottleneck/

RV Capital of America Tops WSJ/Realtor.com
    Housing Index in Third Quarter
https://www.wsj.com/articles/rv-capital-of-america-tops-wsj-realtor-com-housing-index-in-third-quarter-11634635802?st=j24fj0d88furoni&reflink=desktopwebshare_permalink

 



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


You May Have Missed---

General Electric will require vaccines
     for its 56,000 U.S. workers.
https://www.nytimes.com/2021/10/19/business/general-electric-vaccine-mandate.html



[headlines]

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


Sports Briefs---

Week 7 NFL power rankings: Unbeaten Cardinals remain No. 1,
    Ravens crack top five
https://www.usatoday.com/story/sports/nfl/columnist/nate-davis/2021/10/19/nfl-power-rankings-week-7-2021-cardinals-ravens-packers/8518977002/

FL power rankings: Giants slip even further
after blowout loss to Rams
https://www.bigblueview.com/2021/10/19/22734971/nfl-power-rankings-giants-slip-even-further-after-blowout-loss-to-rams

Washington State fires football coach Nick Rolovich
for refusing COVID-19 vaccine
https://www.cbsnews.com/news/nick-rolovich-covid-vaccine-washington-state-football-coach-fired/

Bourne reveals interesting difference between
Mac Jones, Jimmy Garoppolo
https://www.nbcsports.com/boston/patriots/kendrick-bourne-notes-interesting-difference-between-mac-jones-jimmy-garoppolo

Oakland seaport hunts for business amid
Southern California cargo bottleneck
https://www.mercurynews.com/2021/10/19/oakland-seaport-hunts-business-southern-california-cargo-bottleneck/

Buffalo Bills suffer sickening loss to Tennessee Titans
with failed fourth-down gamble
https://www.usatoday.com/story/sports/nfl/2021/10/18/buffalo-bills-lose-heartbreaker-tennessee-titans-josh-allen-fourth-down/8519022002/



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


California Nuts Briefs---

24,000 Kaiser Permanente workers in California, Oregon
     authorize strike over pay, working conditions
https://www.northbaybusinessjournal.com/article/industrynews/24000-kaiser-permanente-workers-in-california-oregon-authorize-strike-ove/

Google gives San Jose prime downtown
land for affordable housing
https://www.mercurynews.com/2021/10/19/google-city-downtown-san-jose-affordable-home-property-real-estate/

Santa Clara University cuts the ribbon
on $300 million STEM facility
https://www.mercurynews.com/2021/10/15/santa-clara-university-cuts-the-ribbon-on-300-million-stem-facility/

California records driest year in a century
https://www.latimes.com/california/story/2021-10-18/california-records-driest-year-in-a-century?utm_id=39798&sfmc_id=1646692



[headlines]

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




“Gimme that Wine”

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

French Wines and Spirits Accelerate In the U.S
https://www.shankennewsdaily.com/index.php/2021/10/18/29669/french-wines-and-spirits-accelerate-in-the-u-s/

 “France will be short of wine, especially white,”
according to Joseph Helfrich (Les Grands Chais de France),  
https://www.vitisphere.com/news-95070-According-to-Joseph-Helfrich-Les-Grands-Chais-de-France-France-will-be-short-of-wine-especially-white.htm

Harvest Update: For the First Time,
Talbott is Making Rosé
https://www.ediblemontereybay.com/blog/harvest-update-for-the-first-time-talbott-will-make-rose/

Californian vineyards are using owls
to protect vines instead of chemicals
https://www.thedrinksbusiness.com/2021/10/californian-vineyards-are-using-owls-to-protect-vines-instead-of-chemicals/

Bottle shock: Wine shortage could result
from supply chain issue, winery exec says
https://www.newsnationnow.com/business/your-money/wine-shortage-could-result-from-supply-chain-issue-winery-exec-says/

Two wine superstars just bought 162 acres
of what some consider California's best Syrah vines
https://www.sfchronicle.com/food/wine/article/Two-wine-superstars-just-bought-162-acres-of-what-16542951.php

Wine of the week: Tom Mackey Cellars, 2016
Dog Tired Red, Sonoma County Red Table Wine
https://www.pressdemocrat.com/article/lifestyle/wine-of-the-week-tom-mackey-cellars-2016-dog-tired-red-sonoma-county-red/


Free Wine App

https://www.nataliemaclean.com/mobileapp/

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

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

This Day in History

       1774 - Continental Congress orders discouragement of entertainment
    1786 – The first astronomical expedition in U.S. is organized by Harvard University.
1803 - The Senate ratified the Louisiana Purchase Treaty by a vote of twenty-four to seven. Originally concerned that France would develop this territory, by the time the American delegation reached France, Napoleon was more concerned about England and to both stop England from gaining this territory, and to raise money, had offered the property for $15 million. The delegation accepted it without any authority as it was too good an opportunity to turn down. The ratification was more a legal formality, given that the Congress has sole appropriations authority.  Could this have been the first incident of federal government expenditure without authorization?
http://memory.loc.gov/ammem/today/oct20.html
1817 – The first paddle-wheel steamboat, "Showboat," leaves Nashville on the maiden voyage on the Mississippi River.
    1818 - A diplomatic convention signed between Britain and the U.S. gave fishing rights to American seamen off parts of Newfoundland and the coast of Labrador. The U.S. renounced such activity within three miles of any other British Territory. The boundary between Canada and the U.S. between Lake of the Woods and the crest of the Rocky Mountains was fixed at the 49th parallel. No boundary was decided upon farther west, and Oregon was declared open territory for ten years.
    1820 – Spain sells part of Florida to the US for $5 million.
    1827 - Emily Howland received an honorary doctorate by the University of the State of New York at age 99 for her services to educating black students which included helping establish or aiding more than 30 institutions of learning in the youth and schools in New York and Virginia.
http://www.amazon.com/exec/obidos/tg/detail/-/1881539202/
102-3335791-6093721?v=glance

    1847 - Elizabeth Blackwell's application to medical school is accepted. Though she was refused admittance to 29 medical schools and publicly ridiculed for her attempts, Elizabeth Blackwell persisted. She studied privately for three years before being admitted to the Medical Institute of Geneva, NY, after the director had passed her application on to the students for approval. Thinking it to be a joke, they agreed on October 20, 1847, that "...the application of Elizabeth Blackwell to become a member of our class meets our entire approval." Her arrival at the school was greeted with shock and hostility, however. She was cursed, spat upon, refused lodging at first, and barred from some classroom demonstrations.    
    1853 - The Children's Aid Society was founded in 1853 by Charles Loring Brace and a group of social reformers at a time when orphan asylums and almshouses were the only "social services" available for poor and homeless children. Between 1853 and 1929, more than 150,000 abandoned, abused and orphaned children were rescued from the streets and slums of New York City and taken by train to start new lives with families on farms across the country. The emphasis was on giving these needy children a family life.
    1856 - Birthday of James Robert Mann (d. 1922), American lawyer and legislator, near Bloomington, IL.  He was a Republican member of Congress from Illinois from 1896 until his death. Mann was the author and sponsor of the "White Slave Traffic Act," also known as the "Mann Act," passed by Congress on June 25, 1910. The act prohibited, under heavy penalties, the interstate transportation of women for immoral purposes.
    1859 - Birthday of John Dewey (d. 1952), American psychologist, philosopher and educational reformer, at Burlington, VT. His philosophical views of education have been termed pragmatism, instrumentalism and experimentalism.
    1873 - Showman P.T. Barnum opened the Hippodrome in New York City to accommodate his "Greatest Show on Earth."
    1873 – Yale, Princeton, Columbia, and Rutgers draft the first code of American football rules.
    1874 - Modernist composer Charles Ives (d. 1954) born, Danbury, Ct.
http://www.charlesives.org/02bio.htm
    1882 – Actor Bela Lugosi (d. 1956) was born Béla Ferenc Dezső Blaskó in Lugos, Hungary.  Due to his activism in the actors' union in Hungary during the revolution of 1919 and his active participation in the Hungarian Soviet Republic, he was forced to flee his homeland.   He went first to Vienna before settling in Berlin, where he continued acting.  He took the name "Lugosi" in 1903 to honor his birthplace, and eventually travelled to New Orleans as a crewman aboard a merchant ship. In 1927, he appeared as Count Dracula in a Broadway adaptation of Bram Stoker’s novel, where he was talent-spotted as a character actor for the new Hollywood talkies. He would appear in the classic 1931 “Dracula” and “The Black Cat” (1934), “The Raven” (1935), and “Son of Frankenstein” (1939). 
     1891 – The First International Six Day Bike Race begins at New York’s Madison Square Garden.
     1898 - John Merrick organizes North Carolina Mutual Life Insurance Company, the nation’s oldest and largest black insurance company.
http://docsouth.unc.edu/nc/andrews/menu.html
    1901 - Birthday of singer Adelaide Hall (d. 1993), Brooklyn, NY.
http://www.xtrememusician.com/info/artists/profiles/1753.html
    1903 – The US wins the border dispute over Alaska’s boundary with Canada.
    1906 - Dr. Lee DeForest demonstrated his electrical vacuum tube (radio tube)
1910 - A cork centered baseball was used in a World Series game for the first time. The Philadelphia Athletics, managed by Connie Mack, and the Chicago Cubs, managed by P.K. Wrigley, were in competition for the championship.
    1910 – “The Voice of God”…and the Yankees, Bob Sheppard (d. 2010), was born in Queens.  Sheppard announced more than 4,500 Yankees baseball games over a period of 56 years, including 22 pennant-winning seasons and 13 World Series championships; 121 consecutive postseason contests, 62 games in 22 World Series, and six no-hitters, including three perfect games. He was also the in-house voice for a half-century of New York Football Giants, encompassing nine conference championships, three NFL championships (1956, 1986, 1990), and the game often called "the greatest ever played", the classic 1958 NFL championship game, the first overtime game, won by the Baltimore Colts over the New York Giants.  Carl Yastrzemski once said, "You're not in the big leagues until Bob Sheppard announces your name.”  Coincidentally, Sheppard’s first game was April 17, 1951, which was the Major League debut of Mickey Mantle, born this day in 1931.  Sheppard died in 2010, a mere few days prior to the passing of longtime Yankees owner George Steinbrenner.  After Sheppard’s death and until his last game at Yankee Stadium on September 25, 2014, at the request of Yankee great Derek Jeter, a tape of Sheppard announcing Jeter at the plate played as his introduction at Yankees home games, now retired permanently.
    1913 - Trumpeter Johnny Best (d. 2003) born Shelby, NC. He played with The Glenn Miller Orchestra 1939-42.
    1920 - Trumpeter Ray Linn (d. 1996) born Chicago, Ill. He played with Woody Herman, Artie Shaw, Boyd Raeburn.
    1923 - Beat poet Philip Whalen (d. 2002) born Portland, Oregon.
http://jacketmagazine.com/11/whalen-writing.html
    1924 - The first Negro League World Series is played between the Kansas City Monarchs (Negro National League Champions) and the Hilldale Club (Eastern Colored League Champions).  Kansas City wins the series championship, 5 games to 4.
http://www.negroleaguebaseball.com/history101.html
    1925 – Satirist Art Buchwald (d. 2007) was born in NYC.
    1930 – “The Adventures of Sherlock Holmes” debuts on NBC radio.
    1931 - Mickey Mantle’s (d. 1995) birthday, at Spavinaw, OK. In 1951, Mantle replaced the newly-retired Joe DiMaggio in center field for the New York Yankees and grew to become the most beloved player of his era, retiring after the 1968 season because “I can’t hit anymore.”  Over his Hall of Fame (elected with buddy Whitey Ford in 1974) career, all with the Yankees, he was on seven World Series champions in 12 appearances.  He still holds the Major League record for World Series HRs (18), RBIs (40), runs (42), walks (43), extra-base hits (26), and total bases (123). He is also the career leader (tied with Jim Thome) in walk-off HRs with a combined thirteen, twelve in the regular season and one in the World Series.  During Mantle’s time, the postseason was only the World Series as playoffs did not begin until after he retired.  He won the Triple Crown in 1956 leading the Majors in HRs (52), RBIs (130) and batting average (.353).  When he retired, he was third (536) on the all-time HR list behind Ruth and Mays, and until Derek Jeter passed him recently, appeared in the most games as a Yankee. His end-of-life battle with liver cancer raised awareness for organ donation and alcoholism.
    1932 - Michael McClure (d. 2020) born Marysville, Kansas.
http://www.thing.net/~grist/l&d/mcclure/mcclure.htm
http://www.mcclure-manzarek.com/mcclurebio.html
http://www.metroactive.com/papers/sonoma/12.14.00/mcclure-0050.html
    1934 - Birthday of tenor sax player Eddie Harris (d. 1966), Chicago, Il.
http://www.eddieharris.com/bio/bio_images/bio_r1_c3.jpg
http://www.cyberstars.com/jazz/les-mccann/eddie.html
http://centerstage.net/chicago/music/whoswho/EddieHarris.html
    1934 – A Major League All-Star team led by Babe Ruth and Connie Mack, sails to Hawaii then to Japan.  Historians point to this tour as the genesis of baseball in Japan.
    1935 – Actor Jerry Orbach (d. 2004) was born in The Bronx.  A stage professional both on and off-Broadway, Orbach broke into films and achieved a measure of recognition as Baby’s Dad in “Dirty Dancing”.  He landed a recurring role in ”Murder, She Wrote” but achieved stardom as wise-cracking NYPD Det. Lennie Briscoe, in “Law and Order,” a role he played from 1992 to his death of prostate cancer in 2004.
    1936 – “King” Carl Hubbell of the New York Giants, with a 26-6 record, edges the St’ Louis Cardinals’ Dizzy Dean, 24-13, for National League MVP honors.
    1937 – “The Dominican Dandy,” Juan Marichal, was born in Laguna Verde, DR.  The San Francisco Giants’ Hall of Fame right-hander was known for his high leg kick, pinpoint control and intimidation. Marichal was the second native pitcher to come from the Dominican Republic and he made an immediate impression in his debut on July 19, 1960. Against the Phillies, he took a no-hitter into the 8th inning only to surrender a two-out single to Clay Dalrymple.  He ended up with a one-hit shutout, walking one and striking out 12.  On August 22, 1965 against the Dodgers, twice in the first three innings, Marichal had thrown near the head of Dodger leadoff batter Maury Wills. As Marichal was batting against Sandy Koufax in the third inning, Dodger catcher Johnny Roseboro's return throws to the mound flew too close to his head and one grazed his ear. Words were exchanged, and Roseboro, throwing off his catcher's helmet and mask, rose to continue the argument. Marichal responded by twice hitting Roseboro's unprotected head with his bat.  The benches cleared into a 14-minute brawl, while Giants captain Willie Mays escorted the bleeding Roseboro (who would require 14 stitches) back to the clubhouse.  Marichal was suspended and fined and many believe it was this incident that delayed his Hall of Fame induction.  His career stats:  243-142, 2.89 ERA, 2303 Ks.  In 1963, he went 25–8 with 248 strikeouts and a 2.41 ERA and won more than 20 victories in every season through 1969 except 1967, never posting an ERA higher than 2.76. He led the league in victories in 1963 and 1968 when he won 26 games.   He and Koufax were the only two Major League pitchers in the post-war era (1946–present) to have more than one season of 25 or more wins. Each pitcher had three such seasons in their careers.
1937 – The Queen of Rockabilly, Wanda Jackson, was born in Mead, OK.  In the 1950s and 1960s, she blended country into rockabilly with huge success, “Let’s Have a Party” (1960) and “Right or Wrong” (1961).  She was elected into the Rock and Roll Hall of Fame in 2009.  She was among the first women to have a career in rock and roll, recording a series of 1950s singles that helped give her that title.   She is also a country music artist and is considered among the genre's first female stars.
    1942 – “Durham Manifesto” calls for fundamental changes in US race relations.  A group of southern black leaders convened in Durham, NC to address the increasing racial tension in the South. The convention, called the Southern Conference on Race Relations, was organized at the suggestion of Jessie Ames, a white moderate and an active member of the Commission on Interracial Cooperation (CIC). Ames, fearing that the voices of white and black southern moderates were being drowned out by more radical blacks and white supremacists, urged Gordon Blaine Hancock, a black sociologist and a moderate on racial issues, to convene the meeting. Ames expressed her hope that the black leaders would propose a "New Charter of Race Relations" for the South that would win the approval and support of white moderates, thereby restoring the role of the increasingly weak CIC and salvaging the possibility of interracial cooperation.
     1944 - Top Hits
“I'll Walk Alone” - Dinah Shore
“Is You is or is You Ain't” - Bing Crosby & The Andrews Sisters
“It Had to Be You” - Helen Forrest & Dick Haymes
“Smoke on the Water” - Red Foley
    1944 - More than 100,000 American soldiers land on Leyte Island, in the Philippines, as preparation for the major invasion by Gen. Douglas MacArthur. The ensuing battles of Leyte Island proved among the bloodiest of the war in the Pacific and signaled the beginning of the end for the Japanese. The Japanese had held the Philippines since May 1942, when the awful defeat of American forces led to General MacArthur's departure and General Jonathan Wainwright's capture, at which time the retreating MacArthur stated, “I shall return!” MacArthur was back, as he promised, but his invasion of Luzon required a softening up of the enemy. Thus, the amphibious landing of the American forces at Leyte and the concomitant goal of destroying the Japanese fleet in the gulf was undertaken. All told, the Japanese lost more than 55,000 soldiers during the two months of battle and approximately another 25,000 in mopping up operations in early 1945. The U.S. forces lost about 3,500 compared with the total Japanese loss of 80,000. The sea battle of Leyte Gulf was the same story. The loss of ships and sailors was horrendous for both sides. The sinking of the American carrier Princeton resulted in the drowning deaths of 500 men. When the Japanese battleship Musashi was destroyed by a massive American aerial attack, more than 1,000 sailors died, including the captain who stood on his bridge and literally went down with his ship. Three days of sea battle saw the destruction of 36 Japanese warships-compared with America's three. It also saw the introduction of the Japanese kamikaze "divine wind" suicide bombers. The St. Lo, an American aircraft carrier, was one of the first casualties, when one kamikaze pilot drove his plane straight into its flight deck. More than 5,000 kamikaze pilots died in this gulf battle, taking down 34 ships. But when all was said and done, the Japanese had not been able to prevent the loss of their biggest and best warships, signaling the virtual end of the Japanese Imperial Fleet. The American victory on land and sea opened the door for General MacArthur's invasion and the recapture of the Philippines. The television series “Victory at Sea” captured much of this major battle.
    1944 - *WAI, FRANCIS B., Medal of Honor.
Captain Francis B. Wai distinguished himself by extraordinary heroism in action, on 20 October 1944, in Leyte, Philippine Islands. Captain Wai landed at Red Beach, Leyte, in the face of accurate, concentrated enemy fire from gun positions advantageously located in a palm grove bounded by submerged rice paddies. Finding the first four waves of American soldiers leaderless, disorganized, and pinned down on the open beach, he immediately assumed command. Issuing clear and concise orders, and disregarding heavy enemy machine gun and rifle fire, he began to move inland through the rice paddies without cover. The men, inspired by his cool demeanor and heroic example, rose from their positions and followed him. During the advance, Captain Wai repeatedly determined the locations of enemy strong points by deliberately exposing himself to draw their fire. In leading an assault upon the last remaining Japanese pillbox in the area, he was killed by its occupants. Captain Wai's courageous, aggressive leadership inspired the men, even after his death, to advance and destroy the enemy. His intrepid and determined efforts were largely responsible for the rapidity with which the initial beachhead was secured. Captain Wai's extraordinary heroism and devotion to duty are in keeping with the highest traditions of military service and reflect great credit on him, his unit, and the United States Army.
    1944 - Liquid natural gas leaks from storage tanks in Cleveland, then explodes, leveling 30 blocks and killing 130.
    1947 – Radio broadcast rights to the World Series sell for $475,000 for 3 years
    1947 – The House Un-American Activities Committee opens hearings into Communist influence in Hollywood, resulting in a blacklist that prevents some from working in the industry for years.
    1950 – Birthday of singer Tom Petty (d. 2017), Gainesville, FL.
    1951 - The Johnny Bright Incident was a violent on-field assault against African American player Johnny Bright by a white player, Wilbanks Smith, during the Drake-Oklahoma A&M college football game in Stillwater, OK. The game was significant, marking the first time that an African-American athlete with a national profile and of critical importance to the success of his Drake University team had played against Oklahoma A&M College (now Oklahoma State University) at Oklahoma A&M's Lewis Field. During the first seven minutes of the game, Bright was knocked unconscious three times by blows from Smith. While Smith's final elbow blow broke Bright's jaw, he was still able to complete a 61-yard touchdown pass to Drake halfback Jim Pilkington a few plays later.   Soon afterward, the injury finally forced him to leave the game. Bright finished the game with less than 100 yards, the first time in his three-year collegiate career at Drake. Oklahoma A&M eventually won 27–14.  Oklahoma A&M's president, Oliver Willham, denied anything happened even after evidence of the incident was published nationwide. This began a cover-up that would last over half a century.  The determination to gloss over the affair was so strong that when Robert B. Kamm succeeded Willham in 1966, he knew that he could not even discuss the matter even though he had been Drake's dean of men at the time of the incident.
When it became apparent that neither Oklahoma A&M nor the Missouri Valley Conference, to which both Drake and Oklahoma A&M belonged, would take any disciplinary action against Smith, Drake withdrew from the MVC in protest. The incident eventually provoked changes in NCAA football rules regarding illegal blocking and mandated the use of more protective helmets with face guards.  On September 28, 2005, Oklahoma State University President David Schmidly wrote a letter to Drake President David Maxwell formally apologizing for the incident. The apology came 22 years after Bright's death.   Schmidly, reiterating a conversation earlier in the month over the phone, called the team's behavior that day "an ugly mark on Oklahoma State University and college football.
1951 - KEEBLE, WOODROW W., Medal of Honor
Rank: Master Sergeant, Organization: U.S. Army, Company: , Division: , Born: , Departed: Yes, Entered Service At: , G.O. Number: , Date of Issue: 03/03/2008, Accredited To: , Place / Date: Korea, 20 October 1951. Citation: Master Sergeant Woodrow W. Keeble distinguished himself by acts of gallantry and intrepidity above and beyond the call of duty in action with an armed enemy near Sangsan-ni, Korea, on October 20, 1951. On that day, Master Sergeant Keeble was an acting platoon leader for the support platoon in Company G, 19th Infantry, in the attack on Hill 765, a steep and rugged position that was well defended by the enemy. Leading the support platoon, Master Sergeant Keeble saw that the attacking elements had become pinned down on the slope by heavy enemy fire from three well-fortified and strategically placed enemy positions. With complete disregard for his personal safety, Master Sergeant Keeble dashed forward and joined the pinned-down platoon. Then, hugging the ground, Master Sergeant Keeble crawled forward alone until he was in close proximity to one of the hostile machine-gun emplacements. Ignoring the heavy fire that the crew trained on him, Master Sergeant Keeble activated a grenade and threw it with great accuracy, successfully destroying the position. Continuing his one-man assault, he moved to the second enemy position and destroyed it with another grenade. Despite the fact that the enemy troops were now directing their firepower against him and unleashing a shower of grenades in a frantic attempt to stop his advance, he moved forward against the third hostile emplacement, and skillfully neutralized the remaining enemy position. As his comrades moved forward to join him, Master Sergeant Keeble continued to direct accurate fire against nearby trenches, inflicting heavy casualties on the enemy. Inspired by his courage, Company G successfully moved forward and seized its important objective. The extraordinary courage, selfless service, and devotion to duty displayed that day by Master Sergeant Keeble was an inspiration to all around him and reflected great credit upon himself, his unit, and the United States Army. "   
    1952 - Top Hits
“You Belong to Me” - Jo Stafford
“Wish You Were Here” - Eddie Fisher
“I Went to Your Wedding” - Patti Page
“Jambalaya (On the Bayou)” - Hank Williams
    1953 - Science fiction writer Ray Bradbury's chilling futuristic anti-book novel, “Fahrenheit 451,” was published on this date.
     1954 – “Peter Pan” opens at Winter Garden Theater New York City for 149 performances.  The original Broadway production, starring Mary Martin as Peter and Cyril Ritchard as Captain Hook, earned Tony Awards for both stars. It was followed by NBC telecasts of it in 1955, 1956, and 1960 with the same stars, plus several rebroadcasts of the 1960 telecast. The show has enjoyed several revivals onstage.
    1955 - On Broadway, "No Time for Sergeants" opened, starring Andy Griffith.
    1955 - One of Harry Belafonte's hits was recorded for RCA Victor. It took "Day-O" over a year to hit the pop charts in January of 1957, after its name was changed to "The Banana Boat Song (Day-O)."
    [combined entry]1955 - Brooklyn High School in Cleveland, OH, is host to a rock and roll concert featuring Bill Haley, LaVern Baker, Roy Hamilton, Johnnie Ray, the up-and-coming artist Elvis Presley, and also, improbably, Pat Boone and The Four Lads. The concert is filmed for a documentary of local DJ Bill Randle, entitled “The Pied Piper of Cleveland: A Day in the Life of a Famous Disc Jockey,” but the film, which includes the very first known footage of Elvis, has never been released.
    1956 - Elvis Presley's "Love Me Tender," is now the first song to the pop chart at #2. It also makes it to the Country & Western chart, the R&B chart and the top One Hundred.
    1957 - Walter Cronkite began hosting a weekly documentary called "The 20th Century."  The show reported on major events that shaped modern history. In 1967, the show switched its focus and its title to "The 21st Century."  Through its last show on January 4, 1970, Cronkite was the only narrator of the program.
    1957 – Former Secretary of Labor Hilda Solis was born in LA.
    1960 - Top Hits
“Save the Last Dance for Me” - The Drifters
“My Heart Has a Mind of Its Own” - Connie Francis
“I Want to Be Wanted” - Brenda Lee
“Alabam” - Cowboy Copas
    1960 – Ralph Houk replaced Casey Stengel as manager of the New York Yankees.  Houk would lead the Yanks to the World Series from 1961-63, winning in 1961 and ‘62, largely on the bats of Maris, Mantle, and Berra, and Whitey Ford’s pitching.
    1961 - The Supreme Court upholds a Florida law which exempts women from jury duty, unless they volunteer.  In all, 18 states allow the jury duty exemption while three states, Alabama, Mississippi, and South Carolina outright barred women from jury duty. However, on 02-07-1966, a federal court rules that such laws should end on June 1, 1967 because such laws "deny to women the equal protection of the laws in violation of the 14th amendment." In January of 1975, the Supreme Court says a Louisiana law forbidding women serving on juries is unconstitutional. The first woman juror served in the State of New York in 1936.
    1962 - The Four Seasons' "Big Girls Don't Cry" is released.
    1962 - Bobby "Boris" Pickett and the Crypt Kickers' "Monster Mash" hits #1
    1962 - Peter Paul and Mary's LP, “Peter, Paul and Mary,” hits #1
    1964 - "The Monster Mash" by Bobby "Boris" Pickett, reached the top of Billboard's Hot 100 singles chart. This novelty song, which was recorded in less than two hours, has become an annual favorite.  It was first released in August, 1962 and rose to #1 on the Hot 100 just before Halloween.
    1968 - Top Hits
“Hey Jude” - The Beatles
“Fire” - The Crazy World of Arthur Brown
“Little Green Apples” - O.C. Smith
“Then You Can Tell Me Goodbye” - Eddy Arnold
    1968 – Former First Lady Jaqueline Kennedy is married to ga-gillionaire Greek shipping magnate Aristotle Onassis.
    1973 – “The Saturday Night Massacre:”  President Richard Nixon fires Attorney General Elliot Richardson and Deputy AG William Ruckelshaus after they refuse to fire Watergate prosecutor Archibald Cox, who is finally fired by Robert Bork. Immediate and widespread demands for impeachment of the president ensued and were not settled until President Nixon resigned August 9, 1974.
    1973 - The Rolling Stones have their first Number One ballad, "Angie," a song that sparks rumor that it's a love song from Jagger to David Bowie's wife, Angela.
    1973 - “The Six Million Dollar Man” first pilot appeared, “Wine, Women and War.”  This action-adventure series based on the novel “Cyborg” was a monthly feature on “The ABC Suspense Movie” before becoming a regular series in 1974. Lee Majors starred as astronaut Steve Austin, who after an accident, was “rebuilt” with bionic legs, arms and an eye. He worked for the Office of Strategic Information (OSI), carrying out sensitive missions. Also in the cast were Richard Anderson, Alan Oppenheimer and Martin E. Brooks. “The Bionic Woman,” starring Lindsay Wagner, was a spin-off from his show and the two main characters were paired for several made-for-TV sequels.
http://www.pazsaz.com/million.html
http://www.tvtome.com/tvtome/servlet/ShowMainServlet/showid-591/
The_Six_Million_Dollar_Man/

    1973 – The OPEC embargo of oil to the US begins in response to the US involvement in the Yom Kippur War. Six days after Egypt and Syria launched a surprise military campaign against Israel to regain territories lost in the Six Day War, the United States supplied Israel with arms. In response to this, OPEC announced an oil embargo against Canada, Japan, the Netherlands, The UK and the US.
    1975 – The US Supreme Court rules that teachers may spank their pupils after a warning.  The ruling does not invalidate statutes that prohibit corporal punishment, for the Supreme Court only sets minimum standards and the states may give students more rights. But the ruling does make corporal punishment legal, provided that the procedural safeguards are followed.  31 states plus DC and Puerto Rico have legislated against corporal punishment of any type, and the number of paddlings nationwide has fallen to nearly nothing since the ruling.   
    1976 - Top Hits
“Disco Duck (Part 1)” - Rick Dees & His Cast of Idiots
“Lowdown” - Boz Scaggs
“If You Leave Me Now” - Chicago
“You and Me” - Tammy Wynette
    1976 – The New York Nets sold superstar forward Julius “Dr. J” Erving to the Philadelphia 76ers.
    1977 – The plane carrying rock band Lynyrd Skynyrd crashed in Mississippi after running out of fuel, killing three band members and ending the band's most popular incarnation.
    1977 - Guitarist Steve Gaines, lead singer Ronnie Van Zandt, and backup singer Cassie Gaines of Lynyrd Skynyrd are all killed when the band's small Convair plane runs out of fuel and does down en route from Greenville, SC, to their next gig in Baton Rouge, LA. Crash landing in a forest near Gillsburg, MS, the accident also takes the lives of the band's assistant road manager as well as the two pilots, not to mention severely injuring the rest of the band and most of the other two dozen passengers. The remaining members would not reunite for another decade. 1979: Herb Alpert's "Rise" hits #1
    1979 - The John F. Kennedy Library in Boston was dedicated.
    1979 - Herb Alpert's "Rise" hits #1
    1979 - The Eagles' LP “The Long Run” hits #1
    1984 - Top Hits
“I Just Called to Say I Love You” - Stevie Wonder
“Caribbean Queen (No More Love on the Run)” - Billy Ocean
“Hard Habit to Break” - Chicago
“I Don't Know a Thing About Love (The Moon Song)” - Conway Twitty
    1988 - Top Hits
“Groovy Kind Of Love” - Phil Collins
“Kokomo” (From The "Cocktail" Soundtrack) - The Beach Boys
“Wild, Wild West” - The Escape Club
“Red Red Wine” - UB40
    1988 – In a big year for the City of Angels, the Dodgers win the World Series, beating the Oakland A’s 4 games to 1 in the 85th World Series.  LA becomes the first city to have both NBA and World Series champs in the same year.
    1989 - Forty-nine cities reported record low temperatures for the date as readings dipped into the 20s and 30s across much of the south central and southeastern U.S. Lows of 32 degrees at Lake Charles, LA and 42 degrees at Lakeland, FL were records for October, and Little Rock, AR reported their earliest freeze of record. Snow blanketed the higher elevations of Georgia and the Carolinas. Melbourne, FL dipped to 47 degrees shortly before midnight to surpass the record low established that morning. Showers and thunderstorms brought heavy rain to parts of the northeastern U.S. Autumn leaves on the ground clogged drains and ditches causing flooding. Up to 4.10 inches of rain-soaked southern Vermont in three days. Flood waters washed 600 feet of railroad track, resulting in a train derailment.
    1989 - U.S. Senate impeaches U.S. District Judge Alcee L Hastings.  Although acquitted in a criminal trial, Hastings faced impeachment three years later and removal from the bench for conspiring and falsifying evidence, which acquitted him, while the other defendant was found guilty of soliciting bribes.  Though impeached and removed by Congress, Hastings was not disqualified from holding public office. Following Senator Bill Nelson’s departure from office in January 2019, Hastings became the dean of Florida’s congressional delegation and retained this title until his death.
    1990 - Antiwar protest marches begin in 20 U.S. cities against U.S. involvement in Iraq war.
    1991 – The Oakland Hills Firestorm kills 25 and destroys 3,469 homes and apartments, causing more than $2 billion in damage.  The fire started on Saturday, October 19, from an incompletely extinguished grass fire in the Berkeley Hills northeast of the Caldecott Tunnel.  Firefighters fought the 5-acre fire on a steep hillside and by Saturday night they thought everything was under control.  The fire re-ignited shortly before 11:00 am on Sunday, October 20. It restarted as a brush fire and rapidly spread southwest driven by wind gusts up to 65 mph. It quickly overwhelmed local and eventually regional firefighting resources.   The firestorm was not declared under control until October 23.  
http://geo.arc.nasa.gov/sge/jskiles/fliers/all_flier_prose/oaklandfires_brass/
oaklandfires_brass.html

    1992 – In the first World Series game held outside the US, the Toronto Blue Jays defeated the Atlanta Braves.
    1993 - Top Hits
“Dreamlover” - Mariah Carey
“Just Kickin It” - Xscape
“I’d Do Anything For Love (But I Won’t Do That)” - Meat Loaf
“All That She Wants” - Ace Of Base
    1995 - The clever black comedy, “Get Shorty,” starring John Travolta, Rene Russo, Gene Hackman, Danny DeVito, and Dennis Farina, opened across the country. The film did well at the box office, and once again affirmed Travolta's "come back" to films.
    1997 – The US accuses Microsoft of violating an agreement against forcing its Internet Explorer browser on PCs.
    1998 – Comedian Richard Pryor was awarded the first Mark Twain Prize for American Humor.
2000 - Toronto signs Carlos Delgado to a record four-year $68 million contract. The Blue Jay first baseman's average salary of $17 million is the most in Major League history.
    2001 - Top Hits
“Look of Love” - Diana Krall
“Silver Side Up” - Nickeback
“Pain is Love” - Ja Rule
“Songs in a Minor” - Alicia Keys
    2001 - An all-star lineup including David Bowie, Mick Jagger, Eric Clapton, Billy Joel, Elton John and The Who appear at The Concert For New York City at Madison Square Garden in a five hour show to benefit the victims of the 9/11 attack.
    2002 - Twenty-year old Venezuelan right-hander Francisco Rodriguez becomes the youngest pitcher ever to win a World Series game. With just 15 days of major league experience, K- Rod throws 37 pitches retiring 9 consecutive batters in three innings to pick up the victory as the Angels out slug the Giants in Game 2, 11-10.
    2004 - After losing the first three games of the ALCS, the Red Sox become the first team in baseball history to win a best-of-seven series by beating the Yankees at Yankee Stadium, 10-3. Johnny Damon's two home runs, including a grand slam in the fourth, and Derek Lowe's solid pitching performance helps Boston to join the 1942 Toronto Maple Leafs and the 1975 New York Islanders as the only teams in the history professional sports to overcome a 3-0 series deficit to win a seven-game series.
    2010 - Astronomers discover the new galaxy UDFy-38135539, the most distant object observed from earth.
2011 – Former leader of Libya, Muammar Gaddafi, and his son, Moatassem, were killed shortly after the Battle of Sirte while in the custody of NTC fighters.  Sirte is Gaddafi’s birthplace.  A highly divisive figure, Gaddafi dominated Libya's politics for four decades. He was decorated with various awards and praised for his anti-imperialist stance, support for Arab—and then African—unity, as well as for significant improvements that his government brought to the Libyan people's quality of life. Conversely, many Libyans strongly opposed Gaddafi's social and economic reforms; he was posthumously accused of sexual abuse. He was condemned by many as a dictator whose authoritarian administration systematically violated human right and financed global terrorism.


World Series Champions:
    1982 - St. Louis Cardinals
    1988 - Los Angeles Dodgers
    1990 - Cincinnati Reds

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

SuDoku

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?

http://leasingnews.org/Soduku/soduko-main.htm

[headlines]

 

 

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

Daily Puzzle

How to play:
http://www.setgame.com/set/puzzle_frame.htm

Refresh for current date:
http://www.setgame.com/set/puzzle_frame.htm

[headlines]

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

http://www.gasbuddy.com/
http://www.gasbuddy.com/GB_Map_Gas_Prices.aspx
http://www.gasbuddy.com/GB_Mobile_Instructions.aspx

[headlines]

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

Weather

See USA map, click to specific area, no commercials

http://www.weather.gov/

[headlines]

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

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

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

[headlines]