ELFA Conference Report from
JW Marriott Grande Lakes Resort in Orlando, Florida
By Nuria Blais, American Lease Insurance

The 2022 ELFA Annual Conference is underway despite a major obstacle preceding it. The conference, originally scheduled to take place in Marco Island, unexpectedly had to make a fast move to Orlando following damage from Hurricane Ian. Set-up Sunday went by quickly and many attendees spent time catching up with clients and friends alike in the beautiful hotel and surrounding gardens and pools. As a first time Annual Conference attendee I began to take in the sheer amount of attendees. With over 900, it is clear to see how an event of this size could be so beneficial to the provider-client relationship.

Kristian Dolan, CEO of Northteq, spoke to the importance of time with his own clients while here at the conference. Dolan has been attending this event for years and added that the value of face time is especially great following Covid-19. In addition to exhibiting, Dolan will be speaking Monday at 10:45 a.m. on a long term project supported by the Equipment Leasing & Finance Foundation. The presentation of a four-month study conducted will focus on the latest financial technologies and how many of these digital applications, cloud-based platforms, and APIs can help transform the way we do business.

National Sales Manager of FileInvite, Cindy Novak who is exhibiting as well, shared that for the New Zealand based document collection company, this conference gives them the opportunity to get their product in front of one of the company’s largest niche markets; equipment finance. FileInvite is a fairly new company, 2015, and Novak shared that this industry’s document heavy nature is a perfect fit for the service that her company provides. “Niche nimble is what I call it,” she stated about FileInvite when discussing their varied types of clients. As exhibitors they are offering live demos of their software as well as free trials of their product.

Similar to Dolan and Novak, Kunal Malhotra, SVP of Innovation, Specialty and International Property at Assurant, shared that Assurant benefits a great deal from this conference as it provides the opportunity to “meet with clients and see the industry trends”. Assurant will be hosting the “After Glow Reception” on Tuesday evening which is sure to be a fabulous farewell.

With a number of breakout sessions offered and a keynote address from Dex Hunter-Torricke, former head of Communications at SpaceX and current Executive Communications Manager at Facebook, tomorrow will surely be an educational and productive day.

For you readers in attendance, please come visit Wally, Rob and myself at the American Lease Insurance Booth (#4), it would be our pleasure to speak with you about how we can help you protect your assets.

Be well!

Nuria Blais, CLFP Associate
Business Development Manager
American Lease Insurance
Dedicated Dial 413-369-2182
nuria@aliac.net

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Ascentium Alleges Major Kickback Scheme
    By Ken Greene, Leasing News Legal Editor

We recently presented an article about vendor kickbacks in the context of the new commercial disclosures. This article follows up with a real life tale of kickbacks and their consequences.

This unfortunate saga involves Ascentium Capital LLC (“Ascentium”), a well-known and reputable funder in the equipment finance industry. The perpetrators, according to a complaint filed in the United States District Court for the District Court of Colorado (Case No. 22:550), are Premiere Copier Inc., Mark D. Klenin, and Tod R. North, individually and in his capacity as trustee of the Tod R. North Trust.

According to the Complaint, Premiere and its co-owners, Klenin and North, (collectively “Premiere”) purport to sell commercial copiers and related equipment to businesses in the United States. Ascentium agreed to finance these equipment purchases. Over the course of approximately 18 months, Ascentium financed more than 100 transactions for Premiere’s customers, totaling more than $5,464,000 million.   

In 2021, some of the loans went into default. During the course of reviewing the defaulted accounts, Ascentium made a startling discovery, namely, a series of cash disbursements beyond the actual equipment purchase. As alleged by Ascentium, Premiere facilitated kickbacks to its customers that were included in the equipment financing applications presented to Ascentium. Allegedly, the “excess” application money (i.e. the funds that did not represent the purchase price of the equipment) was disbursed to customers without Ascentium’s knowledge.

Ascentium sued Premiere, alleging RICO violations, mail, wire, and bank fraud, inter alia, seeking damages of approximately $3.7 million, as well as treble damages. Premiere has responded in both its answer and counterclaims that Ascentium actively participated and had full knowledge of the kickback arrangement. The parties have been filing motions for months now, and this promises to be a long, drawn out battle.

What is the lesson here? Significantly, neither Ascentium nor Premiere appears to deny that there was a kickback protocol in place. The gravamen of the lawsuit is not that kickbacks are legal, but who was responsible for this illicit conduct. It is too early to predict the outcome of this case as it is not clear whose version of the facts is true (assuming either is true). What we can deduce, even at this early stage of litigation, is that kickbacks, particularly the surreptitious, undocumented kind, are commonplace and trouble. As the new commercial disclosure laws come into play, one thing you can count on is that the regulating agencies will be watching for these types of transactions, and that the perpetrators of these perfidious types of underhanded dealings will pay the price.

Ascentium Complaint

Answer and Counterclaim


         
Ken Greene
Tel: 818.575.9095
Fax: 805.435.7464
ken@kengreenelaw.com
Alternate: kengreenelaw@outlook.com

Ken Greene Leasing & Finance Observations
https://leasingnews.org/Pages/greene_observations.html

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Pawnee Leasing Updates
Funders Taking "New" Broker Business List
Funder List "A" and Story Credit Lessors

Pawnee Leasing Corporation 1982 Gary H. Souverein President (800) 864-4266 ext. 1222 Gary@pawneeleasing.com www.pawneeleasing.com AACFB, ELFA & NEFA

85

50 states

$1,000 - $350,000

Y

N

N

N

N

A -Accepts Broker Business | B -Requires Broker be Licensed 
| C -Sub-Broker Program | D -"Private label Program" | E - Also "in house" salesmen

Funders Looking for Broker Business
https://leasingnews.org/Funders_Only/New_Broker.htm

Funder List "A"
https://leasingnews.org/Funders_Only/Funders.htm

Story Credit Lessors
https://leasingnews.org/Story_Credit/Story_Credit.htm

Leasing and Finance Industry Help Wanted
Excellent Compensation/Marketing Support/Work

 

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Kaylan Makam New Chief Executive Officer
Amur Equipment Finance

Kaylan Makam was reportedly appointed Chief Executive Officer of Amur Equipment Finance, Grand Rapids, Nebraska.  He was formerly the Executive Vice President.

Previously, he was Chief Risk Officer, Axis Managing Director, Axis Capital, Inc., which became Amur Finance, then Amur Equipment Finance. He was active in securitization and remained very active in Amur’s many securitizations since being appointed by the founder:

Mostafiz ShahMohammed

Kaylan Makam’s LinkedIn profile: Executive Vice President, Amur Equipment Finance, starting April 2019; Managing Director, Amur Capital Management (February, 2014 - April, 2009). He joined UBS Investment Bank, May, 2007, as Director, ABS Banking and Structuring, promoted December, 2008, Executive Director, ABS Trading; Associate, Lehman Brothera (2004 - 2007). Education: Indian Institute of Management Ahmedabad, PGP-MBA Finance (2002 - 2004); Indian Institute of Technology, Madras, B Teach, Computer Science and Eng (1998 - 2002). Stockholm School of Economics.
https://www.linkedin.com/in/kalyan-makam-9008ab/

 

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Top Ten Leasing News Read by Readers
October 3 to October 7

(1) Caught Sending Unlicensed Broker Deal Cost $75,000
By Ken Greene, Leasing News Legal Editor
https://leasingnews.org/archives/Oct2022/10_07.htm#caught

(2) New Hires/Promotions in the Leasing Business
and Related Industries
https://leasingnews.org/archives/Oct2022/10_05.htm#hires

(3) ELFA Annual Conference Changes Location
now at JW Marriott Grande Lakes Resort in Orlando, Florida October  9–11
https://leasingnews.org/archives/Oct2022/10_03.htm#elfa

(4) New Hires/Promotions in the Leasing Business
and Related Industries
https://leasingnews.org/archives/Oct2022/10_07.htm#hires

(5) GreatAmerica Plans to Float $637.8 million
on Commercial Financing
https://leasingnews.org/archives/Oct2022/10_03.htm#great

(6) Story Credit Lessors
"C" & "D" Lessees, Business Loans, Working Capital
https://leasingnews.org/archives/Oct2022/10_07.htm#story_c

(7) The Top Five Leasing/Finance Funder Websites
In North America
https://leasingnews.org/archives/Oct2022/10_03.htm#5

(8) Financing Cannabis Funding Sources
Many Work with Third Party Originators
https://leasingnews.org/archives/Oct2022/10_05.htm#cannabis

(9) Sales Makes it Happen by Steve Chriest
Never Grab a Baby Carrot!
https://leasingnews.org/archives/Oct2022/10_03.htm#never

(10) Top Hurricane Landfall Wind Speed
Since 1936, Name and State
https://leasingnews.org/archives/Oct2022/10_05.htm#hurricane

Prepare Your Company for NMLS Annual Renewal
Period Starts November 1, 2022

Consider the November 1 start period the day to get this done. The NMLS is not easily navigable and it can take weeks to do the simplest things. Do not wait until December 31, as it will not be a Happy New Year if you do: - Ken Greene, Leasing News Legal Editor

The "The Nationwide Multistate Licensing System" (NMLS) annual renewal period starts Nov. 1 and will continue through Dec. 31. (The system applies to several states with financial licensing requirements, not just mortgages.)

Below are some tips to get prepared.

- Review your NMLS profile to make sure it is current and that your title/position held at the company associated with your NMLS user account is listed. Failure to update your record before Nov. 1 may cause a delay in your license renewal request being approved.
Review State-Specific Renewal Requirements. 

- State agencies start publishing their renewal requirements in September each year. Be sure you are aware of state-specific renewal deadlines, renewal fee,s and more that apply to your company. This information is available on the Annual Renewal page on the NMLS Resource Center.    

- Whether your company is renewing its license for the first time or has gone through the process before, sign up for live, virtual training sessions to help you get prepared. Plus, access an on-demand training video for money services, consumer finance and debt companies at your convenience.  

REMINDER: Your company must meet all renewal requirements in the states where it is licensed before a license renewal request can submitted.

 

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

Estimate of Equipment Finance Industry Size
Reaches All-time High of $1.16 Trillion in 2021

Washington, DC,–The size of the equipment finance industry rose to an all-time high of $1.16 trillion in 2021, as nearly 80% of firms that acquired equipment or software used at least one form of financing to do so, according to a new study, 2022 Equipment Leasing & Finance Industry Horizon Report released by the Equipment Leasing & Finance Foundation (Foundation). The study, commissioned by the Foundation and prepared by Keybridge, estimates that approximately 57% of total public and private sector equipment and software investment was procured via secured loan, lease, or line of credit.

The study draws on the results of a new survey of 617 private-sector equipment and software end-users about equipment and software acquisitions made in 2021. Using the survey data, the Foundation can estimate the current size of the equipment finance industry, assess the propensity to finance private sector investment for key equipment verticals, and forecast end-user plans to acquire and finance equipment and software over the next 12 months. 

http://www.leasingnews.org/photos/pistorio_nancy.jpg
Nancy Pistorio, Foundation Chair and President of Madison Capital LLC, explained, “It is no surprise that the size of the equipment finance industry grew substantially last year given the increase in both the overall amount of equipment and software investment and the propensity to finance?

 “The large majority of firms that rely on financing, coupled with the more than $1 trillion in financing volume invested to acquire capital equipment, represents a significant portion of the U.S. economy.”

Key Findings
Highlights from the 2022 Equipment Leasing & Finance Industry Horizon Reportinclude:  

Majority of equipment and software acquisitions are financed. Equipment and software investment was historically strong in 2021, expanding by 12.0% to $2.0 trillion in nominal terms. An estimated 57.3% of this investment (and 61.8% of private sector investment) was financed, yielding an industry sizing estimate of about $1.16 trillion.

Share of businesses using financing remains steady. 79.3% of survey respondents who acquired equipment or software in 2021 used at least one form of financing to do so (i.e., lease, secured loan, or line of credit). This is nearly identical to the Foundation’s estimate for 2018, which was based on a 2019 end-user survey.

Leasing remains the most used method of finance. The most common payment method used by businesses to acquire equipment and software in 2021 was leasing (26%), followed by secured loans (19%), and lines of credit (17%). Among non-financed acquisitions, cash (19%) and paid-in-full credit card purchases (19%) comprised similar shares.

Medical equipment leads among verticals most likely to be financed. Of the 13 equipment verticals for which a sufficient number of responses were collected to produce statistically viable results, medical equipment was the most likely to be financed, with an estimated 75% of acquisition volume secured through a lease, loan, or line of credit. Other verticals with relatively high financing activity include other industrial equipment (69%) and construction machinery (67%).

Professional services sector leads among industries most likely to use financing. Of the six end-user industries for which a sufficient number of responses were collected, professional services firms were most likely to use financing (70%), followed by construction (67%), and healthcare (64%) businesses. In all six industries, leasing remains the most popular method of finance used, with secured loans being the second-preferred option in most cases.

Small firms less reliant on traditional financing. In terms of both sales revenue and number of employees, small firms are generally less reliant on financing methods when acquiring equipment or software. The propensity to finance ranged from 56–65% across most revenue brackets, but in the two smallest sales brackets (i.e., less than $250,000 and $250,000 – $1 million) it was just 30% and 41%, respectively. Similarly, firms with less than 20 employees were far less dependent on traditional financing methods than mid-size and large firms, choosing instead to rely heavily on credit cards. Firms with 50+ employees financed the majority of their equipment and software acquisitions.

Banks lead in financing volume. As in previous years, banks were the biggest player in the equipment finance industry in 2021, with 53% of equipment and software financing volume. Of this amount, roughly two-thirds was attributed to the end-user’s primary bank and the remaining one-third to a secondary bank. Manufacturers and vendors accounted for 17% of financing volume, independents comprised 14% of volume, and FinTechs comprised an additional 14%.

Access to up-to-date equipment and technology among top reasons to finance. Businesses were equally likely to cite “protection from equipment obsolescence” (64%), “tax advantages” (64%), and “optimization of cash flow” (62%) as the primary reasons for financing their equipment and software acquisitions. Compared to the 2019 survey, end-users were significantly more likely to cite each of these reasons this year.

Positive outlook for 2022 acquisitions. A plurality of respondents expects the volume of their equipment and software acquisitions to remain the same over the next 12 months (43%), while a roughly equal percentage expect their acquisitions will increase (30%) vs. decrease (26%). The most commonly selected equipment investment verticals among end-users who plan to boost their equipment and software acquisition are computers (43%), software (38%), office equipment (36%), and communications equipment (28%), reflecting the importance of these verticals to business operations in a post-pandemic environment. Of those who expect acquisitions to increase, a sizeable majority (69%) expect to use a financing method to cover at least a portion of the cost.

Technology considerations lead reasons for future financing. A variety of factors were cited as reasons for financing additional equipment over the next 12 months. The most frequently cited factor was “technology advancements and/or obsolescence” (31%), followed by “increased prevalence of remote or hybrid work” (28%), “inflation” (26%), and “trajectory of pandemic and impact on demand or operations” (24%). This year’s survey suggest that equipment and software end-users are thinking more about inflation, the Fed’s response to it, and implications for their business strategy.

The end-user survey cited in the study was conducted electronically from May 16 – June 8, 2022, among 617 respondents who self-identified as a CEO, CFO, COO, or other company official knowledgeable about company expenditures and how those expenditures are funded. Respondents reflect a diverse mix of small, medium, and large firms across a range of industries with varying equipment needs, providing a reliable snapshot of overall equipment acquisition trends.   

How to Access the Study
The 2022 Equipment Leasing & Finance Industry Horizon Report, a fact sheet, and an infographic are available for free download at https://www.leasefoundation.org/industry-resources/horizon-report/.
 All Foundation studies are available for free download from the Foundation’s online library at http://store.leasefoundation.org/.

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

Labrador Retriever
Houston, Texas  Adopt-a-Dog

Nola

ID#A594663
Female
2 Years, 4 Months old
54.5 lbs.
Spayed

Harris Count Pets
612 Canino Road
Houston, TX 77076
Phone Number: (281) 999-3191
https://www.countypets.com/

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NVLA Annual Conference
Loews Ventana Canyon Resort, Tucson, Arizona

 

Online registration is available until: 10/12/2022 

https://www.nvla.org/events/EventDetails.aspx?id=1630153

News Briefs---

New Hurricane Ian Damage Estimates
    Rise to $41 Billion-$70 Billion Range
https://dsnews.com/news/loss-mitigation/10-07-2022/hurricane-ian-damage-estimates-rise

Lack of flood insurance in hard-hit Central Florida
    leaves families struggling after Hurricane Ian
https://www.cnn.com/2022/10/09/us/hurricane-ian-central-florida-flood-insurance-invs/index.html

Illinois' economy reportedly hits a rare milestone,
     boosted by Chicago
https://www.chicagobusiness.com/juice/illinois-annualized-gdp-hits-1-trillion?utm_source=Newsletter-BreakingNews_1665166628&utm_medium=email&utm_content=RaR

Holiday? What holiday? It's barely October
https://www.stltoday.com/business/columns/holiday-what-holiday-its-barely-october/article_cacef8fd-c97c-58f3-91ef-269132642c6a.html

 

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"Sleepless in Seattle” Downtown Needs Office workers.
    Do Workers Need Offices?
https://www.seattletimes.com/business/seattles-downtown-needs-office-workers-do-workers-need-offices/

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Sports Briefs---

49ers 37, Panthers 15: Deebo Samuel delivers,
    Nick Bosa among slew hurt
https://www.mercurynews.com/2022/10/09/49ers-37-panthers-15-deebo-samuel-delivers-nick-bosa-among-slew-hurt/

5 takeaways from the Patriots’ dominant win over the Lions
https://www.boston.com/sports/new-england-patriots/2022/10/09/patriots-takeaways-bailey-zappe-lions/

Cleveland Browns game ends in heartbreak
     to Los Angeles Chargers with late FG miss
https://www.usatoday.com/story/sports/nfl/2022/10/09/browns-chargers-game-final-score-who-won/82305

Denver Broncos QB Russell Wilson underwent
     shoulder procedure on Friday
https://www.usatoday.com/story/sports/nfl/2022/10/08/broncos-russell-wilson-shoulder-procedure-friday/8223910001/

Seahawks RB Rashaad Penny suffers fractured
      tibia in loss to Saints
https://www.theredzone.org/Blog-Description/EntryId/25561/Seahawks-RB-Rashaad-Penny-suffers-fractured-tibia-in-loss-to-Saints

Oregon Ducks gain ground in college football
      polls after beating Arizona
https://www.oregonlive.com/ducks/2022/10/oregon-ducks-gains-ground-in-polls-after-beating-arizona.html

‘Justice for Poole’: How Warriors fans are reacting
    to the brutal Draymond Green punch video
https://www.sfchronicle.com/sports/warriors/article/Justice-for-Poole-How-Warriors-fans-are-17494214.php

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California Nuts Briefs---

Newsom calls special session on California’s high gas prices
https://www.sfchronicle.com/politics/article/Newsom-calls-special-session-on-California-s-17494653.php

S.F. area’s exodus of rich people led to biggest drop
     in household income of any U.S. city
https://www.sfchronicle.com/sf/article/SF-exodus-rich-people-17492478.php

Young people earning $100,000 or more are fleeing
    California and New York—here’s where they’re going
https://www.cnbc.com/2022/10/07/rich-young-professionals-fleeing-california-and-new-york.html

San Francisco Bay Area cities running out of time to
    convince the state they can build 441,000 new homes
https://www.mercurynews.com/2022/10/09/bay-area-cities-running-out-of-time-to-convince-the-state-they-can-build-441000-new-homes/

California homeless population grew by 22,000 over pandemic
https://www.eastbaytimes.com/2022/10/07/california-homeless-population-grew-by-22000-over-pandemic/

Grand jury accuses Santa Clara City Council
     members of putting 49ers ahead of city
https://www.sfchronicle.com/sports/49ers/article/Grand-Jury-report-Santa-Clara-City-Council-17493830.php

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"Gimme that wine"

Napa Valley winery files for bankruptcy
https://www.northbaybusinessjournal.com/article/industrynews/napa-valley-winery-files-for-bankruptcy/

Napa winemaker balks at county demand
    to replant wildfire-prone trees
www.courthousenews.com/napa-winemaker-balk

The Best Domestic Vodka Comes from Pennsylvania
https://www.prnewswire.com/news-releases/the-best-domestic-vodka-comes-from-pennsylvania-301643895.html

“Gimme that Wine”
http://www.youtube.com/watch?v=EJnQoi8DSE8

Free Wine App
https://www.nataliemaclean.com/mobileapp/

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

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

This Day in History

     1770 – Benjamin Wright (d. 1842) was born in Wethersfield, CT.  Chief engineer of the Erie Canal and the Chesapeake and Ohio Canal.  In 1969, the American Society of Civil Engineers declared him the "Father of American Civil Engineering."
    1798 - Secretary Benjamin Stoddert, first Secretary of the Navy, sent the first instructions to cutters acting in cooperation with the Navy in support of the Quasi-War with France, via the various collectors of customs. 
    1802 – The first non-Indian settlement is established in Oklahoma.
    1804 - A famous snow hurricane occurred. The unusual coastal storm caused northerly gales from Maine to New Jersey. Heavy snow fell across New England, with three feet reported at the crest of the Green Mountains. A foot of snow was reported in the Berkshires of southern New England, at Goshen
    1845 - The Naval Academy was established as The Naval School at Windmill Point, Fort Severn, Annapolis, MD, on a nine-acre site. It officially opened with 56 students. On July 1, 1850, the name was changed to the United States Naval Academy. The following year, the academy instituted a standard four-year program. From May 9, 1861 to September 9, 1865, while Maryland was part of the Confederacy, the academy was transferred to Newport, RI .
(Lower half of: http://memory.loc.gov/ammem/today/oct10.html)
    1846 – Triton, the largest moon of Neptune is discovered by English astronomer William Lassell.
    1850 - The Chesapeake & Ohio Canal was completed and opened for business along its entire 184.5 mile length from Washington, DC to Cumberland, Maryland. Sections of the canal opened for navigation as they were completed: from
Georgetown in Washington, DC to
Seneca, Maryland in 1831; then to
Harpers Ferry, WV in 1833; to
Hancock, MD in 1839; and finally to
Cumberland, MD in 1850.  
Commerce traveled primarily on the water, not roads which were subject to weather and “poor” even in the best of times as they were nothing more than unpaved, old footpaths that had been repeatedly driven over by horses and by wagon train.
http://memory.loc.gov/ammem/today/oct10.html 
    1855 - A mob in Columbia hanged John S. Barclay. The sheriff there tried to save the unfortunate man from the noose, but was repulsed. 
    1865 - The billiard ball was patented by John Wesley Hyatt.
    1874 - Beatrice Moses Hinkle (d. 1953) birthday, San Francisco.  As San Francisco's city physician, she was the first U.S. woman to hold a public health post. She was one of the two physicians who established the nation's first psychotherapeutic clinic. She was among the earliest Jungian analysts in America, having rejected Freud with whom she'd personally studied. She contributed to the conceptual framework of the theory. Her “Recreating of the Individual” (1923) took a strong stand regarding women’s individuality. It was noted particularly for its chapters on women and artists.
http://www.webster.edu/~woolflm/hinkle.html 
    1881 - U.S. fashion designer Ethel Traphagen’s birthday, born Ethel Leigh (d. 1963) in NYC.  Influential founder of Traphagen School of Fashion design.
http://askart.com/Biography.asp 
http://costume.osu.edu/The_Collection/traphagencollection.htm
http://tirocchi.stg.brown.edu/essays/shaw_12.html 
    1886 - Gris­wold Lorillard of Tuxedo Park, NY, fashioned the first tuxedo for men. Pierre Lorillard IV, heir to a tobacco fortune and the biggest landowner in town, asked his tailor to create four new formal black jackets modeled after the tailless red wool coats worn by English for hunters. Lorillard declined to wear the result, but his son Griswold Lorillard and three of his friends did along with waistcoats of scarlet satin, and the look caught on. Some say this is more fiction than fact, but history records the Tuxedo Club and Lorillard responding on wearing it that it was a Tuxedo.
http://www.invisibleheroes.com/hero.asp?issue=124 
    1887 - Thomas Edison organized the Edison Phonograph Company. 
    1900 – America’s First Lady of the Theater, Helen Hayes birthday, born Helen Hayes Brown (d. 1993), Washington, DC.  The winner of every award possible for an actor on the stage, in the movies, and TV. She began her acting career at age 5 and continued it for more than 85 years winning Academy Awards, Tonys, and Emmys. She received The Medal of Freedom (1986), the Kennedy Center Honors (1981), and even had a Broadway Theater was named after her. An award in her name established for achievement in professional theater.  Hayes's adopted son, James MacArthur (1937–2010), went on to a career in acting, starring in “Hawaii Five-O” as Danny Williams on television. 
http://www.cmgww.com/stars/hayes/about/biography.html 
http://www.cmgww.com/stars/hayes/ 
http://www.helenhayes.org/about/about_helen.html 
http://www.stevemoore.addr.com/hayes.html 
    1901 – Birthday of Frederic Douglass Patterson (d. 1988) in Washington, DC.  Orphaned at the age of two, by the age of 31, Patterson had attained three educational degrees: a Doctorate of Veterinary Medicine and Master of Science from Iowa State, and a Doctorate of Philosophy from Cornell University.  He would later become President, at age 33, of what is now Tuskegee University (1935–1953) and Founder of the United Negro College Fund (1944). In 1987, President Ronald Reagan awarded Dr. Patterson the Presidential Medal of Freedom, the nation’s highest civilian honor.   
    1902 - Kalamazoo, MI, mandolin maker Orville Gibson founds the Gibson Mandolin-Guitar Mfg. Co, Ltd. In 1936, it would create the first commercially successful electric guitar. 
    1902 – The bicycle frame is patented by I.R. Johnson.
    1904 – The New York Yankees, two games out of first, played the first-place Red Sox on a final day doubleheader.  The Yanks’ 41-game winner, Jack Chesbro, loses the first game and the chance at the pennant.  Chesbro’s win total remains the modern era single season record in the Majors. 
    1904 – The Liberty Theater opens at 234 W 42nd St. New York City.
    1905 - Birthday of Willie “The Devil” Wells (d. 1989), Baseball Hall of Fame shortstop, Austin, TX. Wells is generally considered the greatest shortstop to play in the Negro Leagues. As manager of the Newark Eagles, he developed several players who became Major Leaguers and taught Jackie Robinson how to turn the double play. Inducted into the Hall of Fame in 1997. 
    1910 – Tau Epsilon Phi Fraternity is founded at Columbia University in NYC.
    1913 – President Woodrow Wilson triggered the explosion of the Gamboa Dike that ended the construction of the Panama Canal. 
    1914 – Ivory Joe Hunter’s (d. 1974) birthday in Kirbyville, TX.  After moving to LA, Hunter founded Pacific Records.  After signing with MGM Records, he recorded "I Almost Lost My Mind," which topped the 1950 R&B charts and would later (in the wake of Hunter's success with "Since I Met You Baby") be recorded by Pat Boone whose version became a number one pop hit. By 1954, he had recorded more than 100 songs and moved to Atlantic Records. His first song to cross over to the pop charts was "Since I Met You Baby" (1956). It was to be his only Top 40 pop song, climbing to # 12.  But since his death and the rise of Oldies nostalgia for 50s music, both songs are among the most-requested.  
    1915 - Famous Count Basie trumpeter and soloist Harry “Sweets” Edison (d. 1999) was born, Columbus, Ohio
    1917 - Pianist/composer Thelonious Monk (d. 1982) birthday, Rocky Mount, NC.   “Little Rootie Tootie,” “’Round Midnight” are among his most famous compositions
http://www.monkinstitute.com/ 
    1920 - Indians' Bill Wambsganss becomes the only player in World Series history to complete an unassisted triple play as he makes a leaping catch, steps on second base and then tags the runner from first base.  Also in this Series, the Indians’ Bill Smith hit the first grand slam HR in Series history.
    1921 - Birthday of bass player William Howard “Monk” Montgomery (d. 1982), Indianapolis, IN.
    1923 - In the first World Series game ever played at Yankee Stadium, veteran Giant outfielder and future Yankees’ manager Casey Stengel breaks a 4-4 deadlock in the top of the ninth inning with an inside-the-park HR off Joe Bush. This is the first World Series HR in Yankee Stadium history.  It is the first World Series game to be broadcast nationally.
    1924 – Birthday of writer James Clavell, born Charles Edmund Dumaresq Clavell (d. 1994), Sydney, Australia. Prolific novelist, screenwriter, director, and World War II veteran and prisoner of war. Clavell wrote the novel “King Rat” (1962) and “Shogun” (1975), scripted the science-fiction horror movie “The Fly” (1958) and wrote a war movie, “Five Gates To Hell” (1959).  Clavell was nominated for a Writers Guild Award for “The Great Escape” (1963).   He also screenwrote, directed, and produced the box office success, “To Sir, With Love” (1967).
    1924 – The Washington Senators won their only World Series, defeating the New York Giants, 4-3, in 12 innings. With the Senators behind 3–1 in the eighth, Bucky Harris hit a routine ground ball to third which hit a pebble and took a bad hop over Giants third baseman Freddie Lindstrom. Two runners scored on the play, tying the score at three. Walter Johnson then came in to pitch the ninth and held the Giants scoreless into extra innings. The winning run scored when a ball hit by Earl McNeely hit a pebble and bounced over Lindstrom’s head…again. 
    1926 – In one of baseball’s storied World Series games, a day after picking up his second complete-game victory of the Series, 39-year-old Grover Cleveland Alexander saved Game 7 and the World Series for the St. Louis Cardinals, fanning Tony Lazzeri with the bases loaded in the 7th inning, then proceeding to no-hit New York the rest of the way. Out much of the night celebrating his victory in Game 6 and suffering from seizures, Alexander had no expectation of pitching without rest.  He was summoned when the starter, Jess Haines, developed a blister and left the game.  During the Lazzeri at-bat, on the pitch before the strikeout, “Poosh ‘em Up” hit a screaming liner that just went foul.  The Series concluded with Babe Ruth, inexplicably being thrown out trying to steal.   
    1928 - The temperature at Minneapolis, MN, reached 90 degrees, their latest such reading of record. 
    1928 - Birthday of piano player Junior Mance, Chicago, IL
    1933 - Procter and Gamble, Cincinnati, OH developed the first synthetic laundry detergent, whose formula included a surfactant to emulsify dirt, and called it Dreft. The first effective powdered detergent made for use in washing machines, and the first to contain a phosphate compound as a water softener, was Tide, developed by Procter and Gamble in 1946.
    1933 - A United Airlines Boeing 247 is destroyed by sabotage, the first such proven case in the history of commercial aviation. 
    1935 - Premiere of jazz opera “Porgy and Bess,”by George Gershwin. One of Gershwin's greatest works, the opera blended African American folk music, jazz, Tin Pan Alley, and classical styles. The show included the classic song "Summertime," among other classics, brought modern by Gil Evans and Miles Davis.
    1939 - The real Eleanor Rigby died in her sleep of unknown causes at the age of 44. The 1966 Beatles' song that featured her name wasn't really written about her, as Paul McCartney's first draft of the song named the character Miss Daisy Hawkins. Eleanor Rigby's tombstone was noticed in the 1980s in the graveyard of St. Peter's Parish Church in Woolton, Liverpool, a few feet from where McCartney and Lennon had met for the first time in 1957. 
    1941 - The destroyer USS Kearney is attacked by a German submarine. In the attack, ten sailors are killed and scores injured. America suffers its first war casualties in World War II. Pearl Harbor is still seven weeks away. 
    1941 – Actor Peter Coyote, the narrative voice in many of Ken Burns’ television productions and 60s counter-culturist, was born Rachmil Pinchus Ben Mosha Cohon in NYC.  You’ll love this:  While at Grinnell College, Peter ingested peyote and had an hallucination in which he saw his footprints as coyote paw-prints. A few years later, he came across “Coyote's Journal,” a poetry magazine and recognized its logo as the same paw-prints he has seen during his drug-induced experience. It was this that caused him to change his name to Coyote, after meeting Rolling Thunder John Pope, a self-styled shaman, who felt that the experience was spiritually significant. 
       1944 - BONG, RICHARD I., (Air Mission).
Rank and organization: Major, U.S. Army Air Corps. Place and date: Over Borneo and Leyte, 10 October to 15 November 1944. Entered service at: Poplar, Wis. Birth: Poplar, Wis. G.O. No.: 90, 8 December 1944. Citation: For conspicuous gallantry and intrepidity in action above and beyond the call of duty in the Southwest Pacific area from 10 October to 15 November 1944. Though assigned to duty as gunnery instructor and neither required nor expected to perform combat duty, Maj. Bong voluntarily and at his own urgent request engaged in repeated combat missions, including unusually hazardous sorties over Balikpapan, Borneo, and in the Leyte area of the Philippines. His aggressiveness and daring resulted in his shooting down 8 enemy airplanes during this period.
    1944 - Nearly two hundred of Admiral Halsey's planes struck Naha, Okinawa's capital and principal city, in five separate waves. The city was almost totally devastated. The American war against Japan was coming inexorably closer to the Japanese homeland. 
    1948 - The largest crowd to this date to attend a Major League game, 86,288 fans, jams Cleveland's Municipal Stadium to witness Boston Braves hurler Warren Spahn beat Bob Feller and the Indians, 11-5 in Game 5 of the Fall Classic.  This was the only World Series between 1947 and 1958 that did not include a New York team.  Also, in this game, Indians’ pitcher Satchel Paige became the first African-American to play in a World Series, relieving in the 7th and getting the two batters he faced.
    1950 - Top Hits
“Goodnight Irene” - The Weavers
“La Vie En Rose” - Tony Martin
“Bonaparte's Retreat” - Kay Starr
“I'm Moving On” - Hank Snow
    1953 - Stan Freberg's "St. George and the Dragonet" hits #1 
    1953 – The US and The Republic of Korea agree to a Mutual Defense Treaty in Washington, DC.
    1954 – Ho Chi Minh enters Hanoi after the French troops leave.
    1956 - Elvis Presley's "Love Me Tender" entered the Billboard chart for a 19 week stay. It was #1 for 5 of those weeks. The song, from Presley's first film of the same name, was adapted from the tune "Aura Lee," written in 1861. 
    1957 - “Zorro” premiered on TV. Originally, he appeared in a McCulley novel and several films. Don Diego de la Vega (Guy Williams), a Spanish nobleman, is summoned to California by his father, Don Alejandro (George J. Lewis), to fight for the people. Diego's alter ego is Zorro, a dashing and assertive defender of the people. My father, Lawrence Menkin, wrote several of these episodes. He was well known as a TV Western writer, serving as story editor for “Wagon Train,” writing for “Bonanza,” “Death Valley Days,” “Cisco Kid,” among many others. Although the last telecast of “Zorro” was Sept 24, 1959, the series reappeared in later years, first as a remake and then as a sequel, and once again was made as a movie, titled “The Mask of Zorro,”in 1998.
    1957 – President Eisenhower apologized to Komla Agbeli Gbdemah, the finance minister of Ghana, after the official had been refused service in a Dover, DE, restaurant. 
    1957 -  Starting Game 7 on just two days’ rest, Lew Burdette pitches the Milwaukee Braves to a World Championship as he blanks the Bronx Bombers at Yankee Stadium, 5-0. The 30-year old right-hander, named the Series MVP, tosses 24 consecutive scoreless innings and posts a 0.64 ERA in his three Fall classic victories.  Turnabout… Burdette was signed by the Yanks in 1947 and, after making two relief appearances for the team in September, 1950, he was traded to the Braves in 1951 for four-time 20-game winner Johnny Sain. 
    1958 - Top Hits 
“It's All in the Game” - Tommy Edwards 
“Rock-in Robin” - Bobby Day 
“Tea for Two Cha-Cha” - The Tommy Dorsey Orchestra 
“Bird Dog” - The Everly Brothers
    1959 - Paul McCartney helps to force the last non-Beatle member of the Quarrymen, Ken Brown, from the skiffle group after Brown gets paid for an engagement at Liverpool's Casbah Club for which he was too sick to perform. This leaves the Quarrymen as John, Paul, and George; by May of the following year, the group, now featuring Stu Sutcliffe and Pete Best, would be known as the "Beatals." 
    1959 - Stan Kenton, June Christy, Four Freshman record “Road Show” album at Purdue University. 
    1959 - Pan American World Airways announced the beginning of the first global airline service.     
    1960 - A silly novelty song called "Mr. Custer" by Larry Verne was the number one single in America. The record told a story about a US cavalry trooper who tries to talk his way out of fighting the Sioux Indians at Little Big Horn in 1876. 
    1962 – “The Bob Newhart Show” premiered on TV. This half-hour variety series was hosted by Bob Newhart, a successful stand-up comedian famous for his trademark “telephone conversation” monologues. Regu­lars included Jackie Joseph, Kay Westfall, Jack Grinnage, Mickey Manners, Pearl Shear, June Ericson, Andy Albin and announcer Dan Sorkin. The show was critically acclaimed, winning both an Emmy and a Peabody in its short time on the air. Newhart later starred in situation comedies. In “The Bob Newhart Show,” which aired 1972—78, he played a psychologist.
    1962 -  In Game 5 of the World Series, Tom Tresh belts an eighth-inning homer off Jack Sanford to give the Bronx Bombers a 5-3 comeback win over the Giants at Yankee Stadium. The rookie shortstop's dad, Mike Tresh, who hit only two home runs in his dozen big league seasons, prior to the at bat left his seat behind home plate and moved to the standing-room section in Candlestick Park hoping to bring his son good luck.
    1963 – Birthday of journalist Daniel Pearl (d. 2002) at Princeton, NJ.  Pearl had dual US and Israeli citizenship. While working for “The Wall Street Journal,” he was kidnapped by Pakistani militants and later murdered in 2002 by Al-Qaeda member Khalid Sheikh Mohammed in Pakistan. 
    1964 - At Yankee Stadium, Mickey Mantle, facing Barney Schultz, slams the first pitch of the bottom of the ninth inning into the right field bleachers, giving New York a dramatic 2-1 walk-off victory and two games to one advantage over St. Louis in the Fall Classic. The Mick's game-winning round-tripper, his 16th Fall Classic round-tripper, breaking the previous mark set by Babe Ruth, makes him the fifth Major Leaguer to end a World Series game with a home run.
    1965 - Ronald Reagan spoke at Coalinga Junior College and called for an official declaration of war in Vietnam.
    1965 - The Supremes make the first of many appearances on “The Ed Sullivan Show.” 
    1965 – The Red Baron debuted in ”Peanuts.”
    1966 - Top Hits 
“Cherish” - The Association 
“Reach Out I'll Be There” - Four Tops 
“96 Tears - ?(Question Mark)” & The Mysterians 
“Almost Persuaded” - David Houston 
    1966 – The Beach Boys released “Good Vibrations.”
    1967 - The Outer Space Treaty, signed on January 27 by more than sixty nations, takes effect.
    1968 - Cardinal fireballer Bob Gibson sets the mark for total strikeouts (35) in a World Series, but loses the seventh and deciding game to Tigers, 4-1.
    1969 – Much-traveled, oft-retired former Green Bay Packers’ QB Brett Favre’s birthday in Gulfport, MS.  Favre is the only player to win the NFL MVP Award three consecutive times (1995–97), and is one of only six quarterbacks to have won the award as well as the Super Bowl in the same season. He has led teams to eight division championships, five NFC Championships, and two Super Bowls, winning one (Super Bowl XXXI).  Favre holds many NFL records, including.  At the time of his retirement, he was the NFL's all-time leader in passing yards and touchdown passes, although both records have since been broken by Peyton Manning.  Favre was inducted into the Pro Football Hall of Fame in 2016.
    1970 - Neil Diamond reached the #1 spot on the pop music charts for the first time with "Cracklin' Rosie." In 1972, Diamond would reach a similar pinnacle with "Song Sung Blue."
    1971 - “Up-Stairs, Downstairs” premiered on TV. The 52 episodes of this “Mas­terpiece Theatre” series covered the years 1903 to 1930 in the life of a wealthy London family (“Upstairs') and their many ser­vants (“Downstairs”). Produced by London Weekend Television, cast members included Angela Baddeley, Pauline Collins, Gordon Jackson and Jean Marsh. Won a Golden Globe for Best Drama TV Show in 1975 and an Emmy for Outstanding Limited Series in 1976.  The last episode aired May 1, 1977, though the series has been rerun several times on PBS. 
    1971 – Sold, dismantled, and shipped, London Bridge re-opens at lake Havasu City, AZ.
    1973 –  Spiro Theodore Agnew became the second person to resign the office of Vice President of the United States. Agnew entered pleas of no contest to charges of income tax evasion for contract kickbacks received while he was Governor of Maryland and after he became Vice President. He was sentenced to pay a $10,000 fine and serve three years’ probation Agnew was elected vice president twice, serving under President Richard M. Nixon.
    1973 - Top Hits 
“I Honestly Love You” - Olivia Newton-John 
“Nothing from Nothing” - Billy Preston 
“Then Came You” - Dionne Warwicke & Spinners 
“I Love My Friend” - Charlie Rich.
    1973 – “Dancing With The Stars” champ and TV host Mario Lopez was born in San Diego.
    1974 - Birthday of Dale Earnhardt, Jr., race car driver, born Concord, NC.
    1979 - Fleetwood Mac receives a star on the Hollywood Walk of Fame.
    1979 - A motion picture called “The Rose,” starring Bette Midler as a rock singer, (transparently based on Janis Joplin) premieres in Los Angeles. 
    1979 – “Broadway Joe” Namath played his final NFL game, with the LA Rams.  Namath, a Hall of Fame QB largely on the strength of his career as NY Jets’ QB, engineered and predicted one of sports’ biggest upsets in 1969 in Super Bowl III.  The NFL Baltimore Colts were 18 ½ point favorites.  In the week leading to the game, Namath in front of an audience, stated clearly, “…let me tell you something.  We’re gonna beat ‘em, I guaranty it!”  Then he went out and did it, 16-7, in a game that was not nearly as close as the score would indicate, and one in which this famous passer did not throw a pass in the fourth quarter.  Many believe it was this game that provided the impetus for the AFL and NFL to merge.
    1979 – The Republic of Panama assumes control over the Panama Canal from the US.
    1979 – Hall of Famer Wayne Gretsky made his NHL debut with the Edmonton Oilers.
    1982 - Top Hits 
“Jack & Diane” - John Cougar 
“Eye in the Sky” - The Alan Parsons Project 
“I Keep Forgettin' (Every Time You're Near)” - Michael McDonald 
“Yesterday's Wine” - Merle Haggard/George Jones
    1984 – Birthday of Colorado Rockies’ SS Troy Tulowitski, Santa Clara, CA.
    1985 – US Navy jets intercept an Egyptian plane carrying the hijackers of the “Achille Lauro” cruise ship, and force it to land at a NATO base in Sicily where they are arrested. 
    1986 – Birthday of 2013 NL MVP, the Pittsburgh Pirates’ Andrew McCutcheon, Ft. Meade, FL.
    1987 – “The Boss,” Bruce Springsteen, released his ninth album, “Tunnel of Love.” 
    1987 – The SF Giants’ LF, Jeffrey Leonard, hits a HR in his fourth consecutive playoff game, a record.
    1989 - Thunderstorms produced torrential rains along the northeast coast of Florida. Augustine was deluged with 16.08 inches of rain. The heavy rain caused extensive flooding of homes and businesses, and left some roads under three feet of water. Ten cities from South Carolina to New England reported record low temperatures for the date, including Concord, NH with a reading of 23 degrees. Temperatures dipped into the 30s in the Carolinas. 
    1990 - Top Hits 
“Close to You” - Maxi Priest 
“Praying for Time” - George Michael 
“Something Happened on the Way to Heaven” - Phil Collins 
“Friends in Low Places” - Garth Brooks 
    1994 – The New York Football Giants retire LT’s #56 to honor Lawrence Taylor’s brilliant career as a linebacker.
    1996 – The cornerstone was laid for the US Holocaust Museum in Washington, DC.
    1999 - A charity auction selling Elvis Presley's belongings was held at The Grand Hotel in Las Vegas. His wristwatch sold for $32,500, a cigar box $25,000, an autographed baseball sold for $19,000 and his 1956 Lincoln Continental went for $250,000. 
    1999 - Scoring more than 19 NFL teams, the Red Sox establish a Major League record for most runs and biggest margin of victory in a post-season game as they rout the Indians, 23-7 to tie the 5-game AL Division Series at two games apiece.
    2003 – Conservative radio personality Rush Limbaugh announced that he was addicted to painkillers and that he was going to check into a rehab center.
    2006 - Google buys YouTube for $1.6B! 
    2015 - The Mets were cruising along with a 2-1 lead in the 7th inning of Game 2 of the NLDS when the Dodgers’ Chase Utley barreled into SS Ruben Tejada to break up a potential inning-ending double play. He not only succeeded, but also broke Tejada's leg in the process while the Mets vainly argued for an interference call. Major League Baseball ultimately suspended Utley for his unnecessarily violent slide, but in the meantime, Los Angeles took advantage of the controversial play to score four runs in the inning and ended up a 5-2 winner, evening the series.  The aftermath of this play broke with long-standing baseball traditions that allowed practically anything in pursuit of breaking up a double play.  MLB changed the rule, restricting the runner to the baseline and not allowing sliding beyond the bag to do so.  It also changed the long-standing “in the neighborhood” unwritten rule that allowed the out at second if the fielder was close to the bag during the relay to first. 

World Series Champions:
    1924 - Washington Senators 
    1926 - St. Louis Cardinals 
    1931 - St. Louis Cardinals 
    1937 - New York Yankees 
    1945 - Detroit Tigers 
    1951 - New York Yankees 
    1956 - New York Yankees 
    1957 - Milwaukee Braves 
    1968 - Detroit Tigers