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Monday, October 23, 2023

Today's Leasing News Headlines

Dext Capital Celebrates Remarkable Achievement: 
    $1 Billion Originated First Five Years of Operation
New Hires/Promotions in the Leasing Business
    and Related Industries
Leasing and Finance Industry Help Wanted
    Top Careers Available Both Companies
Three Rules to Create More Sales
    By Steve Chriest
Top Ten Leasing News Read by Readers
    October 16 - October 20
Why I became a CLP (April 10, 2006)
  Nancy Pistorio, CLP (Issued 1998)
    Executive Vice President, Madison Capital
Capteris and LTi’s ASPIRE – a Powerful Combination
    New Technologist Partnership
Labrador Retriever/Shepherd
    Harrison New York
Ralph Petta to retire, will next ELFA CEO be female?
    Here are the three past female presidents

News Briefs ---
UAW reports progress in talks with GM
    Stellantis but wants more than 23%
When Is the Best Time to Buy a Car?
    October, November, December, End of Year
Why Olive Oil Is So Expensive Right Now
    It's not a cheap product
America’s Downtowns Are Empty
    Fixing Them Will Be Expensive
Google and Apple Want You to Log In With Passkeys
    Here’s What That Means

You May Have Missed --
$10 Trillion in Added US Debt Since 2001 Shows
   Former Admins Tax Cuts Broke Our Modern Tax Structure

Broker/Funder/Industry Lists | Features (wrilter's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months
Sales Make It Happen

Sports Briefs
   California News
    "Gimme that Wine"
 This Day in History
   Daily Puzzle
     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, but from 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.


Dext Capital Celebrates Remarkable Achievement:
$1 Billion Originated First Five Years of Operation

Dext Capital announced that it has achieved $1 billion in new originations over its first five years of business operations.

The report states, “The milestone underscores Dext Capital’s reputation as a reliable direct lender providing expert, flexible financing solutions to underserved small and medium-sized business across a number of industries.”

Kyin Lok, President and CEO of Dext Capital, said, “Our Dexters power the company’s continued success and are the engine that makes this achievement possible. Many thanks to our valued customers and vendor partners who put their trust in Dext. On to the next billion."


New Hires/Promotions in the Leasing Business
and Related Industries

Ashley Cove was promoted to Senior Credit Analyst, Bodkin Leasing, a Division of Bennington Financial Corp., Calgary, Alberta, Canada. She joined Bodkin Leasing May, 2014, as Credit Coordinator, promoted, June 2018, Credit Analyst. Previously, she was Credit Analyst, Westburne (May, 2012 - October, 2014). Full Bio:

Mike Konrad was hired as Accounting Manager, FinOp Group, Denver, Colorado. Previously he was Chief Executive Officer, Richards Carrington, LLC, joining July, 2020. He was hired by Key Equipment
Finance July 2008, Senior Credit Analyst, promoted January, 2013, Credit Manager. Full Bio:

Joy Shanks was hired as Senior Vice President, Head of Business Development, First Citizens Bank, Raleigh, North Carolina. She is located in Austin, Texas. She joined Hewlett Packard Enterprise, May, 2017, Americas Channel Senior Sales Director, promoted January, 2021, WW Channel GTM Leader, HPE Financial Services. Prior, she was at Dell, August, 2020, Regional Sales Director, Software and Peripherals, promoted August, 2012, Marketing Director, Client Displays & Peripherals, promoted August, 2014, Director of Global Market, Data Security Solutions, Dell. Full Bio:


Leasing and Finance Industry Help Wanted


Three Rules to Create More Sales
By Steve Chriest

 Rule #1 - Everyone in an organization is a salesperson.

 Rule #2 – Not everyone believes rule number one.

 Rule #3 - Everyone has customers.

The most successful, customer-centric organizations we encounter work hard to create a culture that champions all customers, including the company's employees - their "key receivers."

Managers in these organizations recognize that they oversee a volunteer workforce and they realize that their success as managers depends, to a large degree, on their ability to persuade employees to work at fulfilling the company's mission.

We don't think it is an accident that companies that are satisfied with their implementation of highly complex CRM (Customer Relationship Management) systems share a common approach to managing their employees.

Instead of simply announcing the arrival of new CRM software, managers solicited input from all affected business units during the project's planning phase, launched modules in stages to promote user adoption, and addressed the cultural shift issues that a major change in software often entails. In short, they approached their employees as customers of the new software system!

A willingness to accept the three rules that apply to all organizations today, and a commitment to treat everyone in the organization as a "customer," helps create a true customer-focused enterprise. In these organizations, providing excellent customer service be-comes the habit of the company's "key receivers."

Steve Chriest


Top Ten Leasing News Read by Readers
October 16 - October 20

(1) New Hires/Promotions in the Leasing Business
and Related Industries

(2) New Hires/Promotions in the Leasing Business
and Related Industries

(3) New Hires/Promotions in the Leasing Business
and Related Industries

(4) ELFF Reports Monday Confidence for October
Down 10% from September

(5) "A Smooth Sea..."

(6) ELFA Releases Two New Studies of Compensation
Trends in the Equipment Finance Industry

(7) CVS, Walgreens and Rite Aid are closing
thousands of stores. Here’s why

(8) NVLA 2023 Annual Conference Recap
By Edward P. Kaye

(9) Downfalls of Hiring in a Challenging Rate Environment
By Ken Lubin, ZRG Partners, Managing Director

(10) Hiring in the Equipment Leasing and Finance Business
  in a Tough Interest Rate Environment
By Ken Lubin, ZRG Partners, Managing Director


Why I became a CLP (April 2006)
Nancy Pistorio, CLP (Issued 1998)
Executive Vice President, Madison Capital

President and Partner, Madison Capital,
1st Woman President, Eastern Association
of Equipment Leasing, First Woman Chair of Trustees,
Equipment Leasing and Finance Foundation

So the question is: Does becoming a CLP give one an immediate entrée into more opportunities and/or higher paying jobs in our industry? Does it win you more business? More respect? "

I am frequently asked these questions by those in our industry considering sitting for their CLP.

Our industry, unlike many others in the financial sector, remains, for the most part, unregulated particularly with regard to any governing or licensing of those who practice our vocation.

For our profession, this can be a double-edged sword. It makes the barriers to entry less; however, lack of certification also allows more of the basically unqualified or unknowledgeable to work in this industry indefinitely, sometimes leaving a trail of destruction and failures in their wake.

This makes credibility for our industry and our products even more challenging.

As for winning additional business, I know of at least one colleague who recounts a story where a potential client was trying to decide between doing business with my colleague's leasing firm or another sales rep from a different leasing company:

Both deals were similarly priced and the client had good rapport with both salesmen. On my colleague's business card, he had the CLP insignia after his name. When the client asked and was told what the designation meant, the potential Lessee replied, "Oh well then, I want to give my business to a CLP."

My colleague won the deal! Does this happen often??? Probably not, but like anything else, the CLP can be what you make of it. And, as with all competitive situations, every little bit of extra effort helps!"

Any efforts by our own to raise levels of education, create measures of achievement, and maintain high and ethical standards of those within our industry should be both encouraged and supported by all.”


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

Capteris and LTi’s ASPIRE – a Powerful Combination
New Technologist Partnership

LTi Technology Solutions (LTi), providers of lease and loan cloud technology to equipment and asset finance companies, is excited to announce a technology partnership with Capteris Capital, working together for a shared commitment to their digital transformation with LTi’s flagship platform – ASPIRE.

Brian Nethercott, COO/CFO of Capteris, said “After an in-depth process, we selected LTi’s Aspire platform given the technology, ease of implementation, broad industry adoption, and their superior customer service throughout the process.”

VP of Sales and Relationship Management Tara Aasand of LTi, commented, “It has been a pleasure to work with everyone at Capteris and we are elated to welcome them. This partnership represents a great opportunity for Capteris, utilizing our ASPIRE platform to synergize their capabilities in tandem with our innovative technology to achieve remarkable results, taking their organization to an unprecedented level of efficiency.”

Capteris identified the need to improve how they deliver unparalleled solutions to their clients utilizing technology. Acknowledging the ongoing demand to provide a differentiated experience to their clients, LTi’s ASPIRE provided the powerful technology they were seeking for this transformation.

Capteris was confident the ASPIRE platform would provide the foundation for their current and future needs. The partnership was built around LTi’s established presence in the equipment and asset finance lease and loan industry, along with a deep understanding of Capteris’ business model and customized solutions. ASPIRE will provide Capteris the ability to tap into expansive amounts of data and resources to make swift and accurate decisions, as well as manage all of their distinct financial products.

About Capteris
Capteris is a provider of large ticket equipment finance solutions targeting the midmarket, large corporate, and sponsor finance segments. With strong financial backing, flexible custom solutions, and deep domain expertise, Capteris is an attractive alternative to traditional equipment finance providers. From leases and loans to refinancing and asset-backed debt solutions, Capteris offers competitive products and attractive structures to meet the needs of their individual clients.

About LTi Technology Solutions
LTi Technology Solutions is a global customer-centric, cloud-native, full lifecycle leasing and loan finance platform. We support equipment and asset finance companies, captives, small ticket, middle market, and independent banks throughout the U.S., UK, and Canada from our Omaha, NE, headquarters. Our highly configurable platform, ASPIRE, empowers our customers to scale their business by streamlining the transaction lifecycle.

For more information, call (402) 493-3445 or +1 (800) 531-5086, or visit:

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


Labrador Retriever/Shepherd
Harrison New York


10 Months Old
53 lbs.
Good with dogs
Not good with kids
$400 Adoption Fee
(Covers of vetting/Microchip)
you will receive a collar, leash, harness, food

Watch a video of Ace. Ace is a sweet, happy, silly, handsome, typical puppy ready to enjoy life, and he loves playing with other dogs and running after tennis balls. This sweetie would love to have a canine buddy in his forever family. It will give him confidence and he tends to follow the lead of another dog...but Ace can keep himself occupied with a Nylabone. Just leave some out and he will find them himself and keep busy. When it is quiet time, Ace enjoys lying on his back on the bed or couch with those he trusts and may even roll on his back for a belly rub.

He walks nicely on leash, is housetrained and sleeps peacefully in his crate overnight at his foster home. He's a smart boy, a quick learner, and knows lots of commands...and has proven to love swimming. Ace is tentative and wary of strangers. He needs to be introduced to new events slowly and often, and will do best in a low traffic home. Ace has so much love to offer. Give him time and space and he will be your most loyal companion. Watch another video of this good boy! Be sure to complete an application on line and continue to monitor our website for updates.

If you are interested in this dog, please submit an application directly to our website at Only applications submitted directly to Petrescue will be considered.

Pet Rescue
7 Harrison Avenue
Harrison, NY 10528

Application Process:


Ralph Petta to retire, will the next ELFA CEO be a female?
Here are the three past female presidents

Ralph Petta has been appointed CEO and President of ELFA since 2015. He has been with ELFA since 1987, becoming Chief Operating Officer in 2010. He previously worked for nine years in the office of US Senator Sam Nunn.

In 2010, he was named Leasing News Person of the Year. He remarked, "I am honored to be recognized in this way. But, in my view, this expression of support is directed as much to the ELFA and what it stands for as to me personally. It underscores the positive feelings and high regard for the association—its leadership and professional staff, its valuable contributions to the industry, and its commitment to serving its membership.”

A search did not find a female CEO

Here are the past female Presidents:

Valerie Hayes Jester (2006-2007)
President of Brandywine Capital Associates. She served as Senior Vice President of First Sierra Financial. She was President and owner of Corporate Capital Leasing Group, which she sold to First Sierra Financial. Prior to founding Corporate Capital's predecessor company in 1988, Ms. Jester was a Regional Manager for General Electric Credit Corporation - in the company's Commercial Asset Finance Department. It is her volunteerism that nominates her as being one of the most influential women in leasing. For 17 years, she has been active in the Equipment Leasing and Finance Association, very active on many committees, and also it was for her work that she was elected as the first woman chairman of the association. Ms. Jester has not limited herself and activities to one association. She also served on the Board of Directors of the Eastern Association of Equipment Lessors and as a member of the Ethics committee of the United Association of Equipment Leasing (now National Equipment Finance Association.) She also has been a speaker and chair of many industry conventions and workshops. Ms. Jester has also served on the Board of Directors of the YMCA of Chester County, Red Cross of Chester County, the American Lung Association of Chester and Delaware Counties, the Salvation Army, and the Chester County Art Association, and has served as Chair for many local fundraising events. Leasing News Person of the Year 2014.

Martha Ahlers (2019-2020)
Ahlers has more than two decades of commercial leasing and finance experience. She joined United Leasing & Finance in 1996. In her current role as President, her areas of direct involvement include sales, risk management, marketing, credit, operations and human resources. Prior to her promotion to President, she served as Vice President and Chief Operating Officer.  An active participant in ELFA, Ahlers has served on the ELFA Board of Directors since 2014. In addition to her current position on the ELFA Board, Ahlers is a member of ELFA’s Executive, Nominating and Personnel Committees. She previously served on the Fair Business Practices Committee. From 2015 to 2016, Ahlers was Chair of LeasePAC, ELFA’s nonpartisan federal political action committee. Ahlers also has been active with the Equipment Leasing & Finance Foundation. In 2018, she served as the ELFA Board Liaison to the Foundation. She has contributed to multiple Foundation studies, including “State of the Equipment Finance Industry” and “U.S. Equipment Finance Market Study.” She also has participated in the Industry Future Council and supports the Foundation as a donor. Outside of ELFA, Ahlers has been involved in numerous civic and community organizations, including the Ronald McDonald House Charities of the Ohio Valley Board of Directors, Evansville Executive Forum and the Tri-State MS Association Board of Directors. She holds a bachelor’s degree in economics from the University of Illinois. 

Kristine Snow (2020-2021)
President of Cisco Systems Capital Corporation
Snow has more than two decades of commercial leasing and finance experience. She joined Cisco Systems Capital Corporation, a wholly owned subsidiary of Cisco Systems, Inc., in 2009. As President, she leads the company’s global captive finance and certified remanufactured equipment businesses. Previously, she served as President of Global Vendor Finance at CIT Group. An active participant in ELFA, Snow served on the Board of Directors from 2008-2011 and returned to the Board in 2017. In addition to her current position on the Board, she is a member of ELFA’s Executive, Nominating and Personnel Committees. Previously, she served as Chair of the Captive and Vendor Finance Business Council Steering Committee. She has also served as a participant in the Equipment Leasing & Finance Foundation’s Industry Future Council and a contributor to previous “State of the Equipment Finance Industry” reports. Outside of ELFA, Snow has been involved in numerous civic and community organizations. She serves on the Gonzaga University Board of Trustees and is Board Member Emeritus for St. Mary’s College School of Economics and Business Administration. She was honored by the Computer Reseller News 2019 Women of the Channel list and received the Silicon Valley Business Journal’s Women of Influence award and the YWCA Tribute to Women Award for the Silicon Valley



News Briefs---

UAW reports progress in talks with GM,
    Stellantis but wants more than 23%

When Is the Best Time to Buy a Car?
October, November, December, End of Year 

Why Olive Oil Is So Expensive Right Now
“It’s not a cheap product.”

America’s Downtowns Are Empty
    Fixing Them Will Be Expensive

Google and Apple Want You to Log In With Passkeys
    Here’s What That Means


$10 Trillion in Added US Debt Since 2001 Shows
    Former Federal Administrations Tax Cuts Broke Our Modern Tax Structure'


Sports Briefs---

One Defining Number for every NBA team

Six games into the Jordan Love experiment, the Packers QB is regressing into his worst-case scenario



California News Briefs---

S.F. area loses 10,000 jobs in September.
    These industries were the hardest-hit

California exodus: Charts show huge shift in
which U.S. states most people are moving to

UC academic workers won big contract gains.
Here’s their plan for an even stronger union


Gimme that Wine    

New Carneros winery gets OK, praised for
     intended water conservation

With Rombauer Acquisition, E & J Gallo Farms
1,500 Vineyard Acres in Napa Valley

Why the Figgins family sold its interests
in Seven Hills, SeVein

The Agony and Ecstasy of Home Winemaking
500,000 hobbyists in North America


This Day in History

    1694 – British and American colonial forces failed to seize Quebec from the French.    
    1760 – The first Jewish prayer books in the US were printed.
    1761 - A hurricane struck southeastern New England. It was the most violent in thirty years. Thousands of trees blocked roads in Massachusetts and Rhode Island.
    1775 - Continental Congress approved a resolution barring blacks from army.
    1783 - Virginia emancipated slaves who fought for independence during the Revolutionary War.
    1813 - The Americans operating the Pacific Fur Company trading post in Astoria, Oregon turn the post over to their rivals in the British North West Company, and for the next three decades, Britons dominate the fur trade of the Pacific Northwest. By the 1840s, the beaver population had dwindled, while American settlement in the area was on the rise. Unwilling to protect the Hudson Bay Company's claim to the region, the British agreed to accept American control of the territory below the 49th parallel in 1846 and ceded to the U.S. the territory encompassing the future states of Washington, Oregon, and Idaho. (See Real Facts/Snapple)
    1824 - John Stevens, age 76, designed and finished construction of the first steam locomotive to pull a train on a track. The locomotive could pull a 1,000-pound load at 12 miles per hour. It was operating on a circular track 220 feet in circumference on Steven's estate at Hoboken, New Jersey. It moved by means of a large gear wheel engaging a toothed rack placed on the ties between the rails. The wheels had no flanges, so to keep the train from running off the track, Stevens affixed little horizontal friction rollers on the underside chassis that pressed and rolled along the inner vertical face of the wooden beams used for rails. The 1830's saw the invention of the locomotive grow. The Baltimore and Ohio bid out for the building of the first engine, which was won by Phineas Davis of York, PA, who built the “York.”  In 1831, he built the first locomotive to burn coal. It was the first locomotive that had coupled wheels and a double instead of a single pair of drivers. It weighed 3.5 tons and attained velocity by gearing, using a spur wheel and pinion on one of the axles of the wheels. The only accident in which it was involved occurred on September 27, 1835, as the result of a defective track. The accident killed Phineas Davis, who was riding on the locomotive.
    1828 - Birthday of Turner Ashby (d. 1862) at Fauquier County, VA.  Confederate Brigadier General and Stonewall Jackson's cavalry commander during Valley Campaign of 1862, Ashby was killed in the Battle of Good's Farm at New Market, VA while fighting rear guard action during Jackson's withdrawal from the Valley. His brother is buried with him and was murdered by a Union patrol in 1861.
    1843 - "Indian Summer" was routed by cold and snow that brought sleighing from the Poconos to Vermont. A foot of snow blanketed Haverhill, NH and Newberry, VT and 18 to 24 inches were reported in some of the higher elevations. Snow stayed on the ground until the next spring. (22nd-23rd)
    1844 - A group who followed William Miller, whose day of reckoning did not happen the day before, began a new order and thus began the Seventh Day Adventist.
    1850 - The first National Women’s Rights convention began in Worcester, MA.  Combined both male and female leadership, and attracted a wide base of support including temperance advocates and abolitionists. Chief among the concerns discussed at the convention was the passage of laws that would give suffrage to women. Some 900 people showed up for the first session, men forming the majority, with several newspapers reporting over a thousand attendees by the afternoon of the first day, and more turned away outside.  Delegates came from eleven states, including one delegate from California – a state only a few weeks old.
    1861 – President Lincoln suspended the writ of habeas corpus in Washington, DC and Maryland for all military cases for the remainder of the Civil War.
    1869 - The New York Stock Exchange put memberships up for sale for the first time in its seventy-seven-year history.     
    1869 - Birthday of John William Heisman (d. 1936), football player, coach and administrator, at Cleveland, OH. Heisman played football at Brown and Pennsylvania, and began coaching at Oberlin. He moved to Akron, Oberlin again, Auburn, Clemson, Georgia Tech, Pennsylvania, Washington and Jefferson, and Rice. After his retirement, he became athletic director at the Downtown Athletic Club in New York. The club's annual award to the best college football player in the country was named in his honor posthumously.
    1871 - Birth of Edgar J. Goodspeed (d. 1962) at Quincy, IL.  American theologian and Greek N.T. scholar. He taught at the University of Chicago 1898-1937. In 1931, he co-authored with JMP Smith "The Bible: An American Translation," better known today as "Smith and Goodspeed."
    1885 - Formal opening of Bryn Mawr College, outside Philadelphia, the first college in the US to offer advanced degrees to women and one of the “Seven Sisters.”
    1891 - Birthday of blues pianist “Speckled Red” Rufus Perryman (d. 1973), Hampton, GA.
    1906 - Jonathan Latimer’s birthday in Chicago (d. 1983). American hard-boiled mystery writer, noted for his Bill Crane series, described as an "alcoholic private detective," but who represents more accurately the "screwball-comedy" school of the 1930s mystery fiction. Latimer wrote also screenplays, notably Dashiell Hammett's “The Glass Key.”
    1906 – The birthday of the first woman to swim the English Channel.  Gertrude Ederle (d. 2003) was born in NYC.  At age 19, she broke the previous world record to Dover, England from Cape Gris-nez, France in 14 hours, 31 minutes on August 31, 1926.  She broke many other world records during her career and won an Olympic Gold Medal in 1924.
    1910 - Blanche S. Scott became the first woman to make a public solo airplane flight in the United States.
    1915 - 25,000 women march in NYC, demanding right to vote.  The number of women marching was at least 25,000, though one spectator estimated 40,000 women marched five miles in a peaceful manner, all dressed in white, holding signs such as "“You trust us with the children; trust us with the vote."  The march ultimately failed and women in the state were not granted the right to vote until two years later in 1917. Nationally American women didn't receive the vote until the passing of the 19th Amendment in 1919.
    1915 - The first US championship horseshoe tourney was held in Kellerton, IA.
    1918 - DUNN, PARKER F., MEDAL of HONOR
Rank and organization: Private First Class, U.S. Army, Company A, 312th Infantry, 78th Division. Place and date: Near Grand-Pre, France, 23 October 1918. Entered service at: Albany, N.Y. Birth: Albany, N.Y. G.O. No.: 49, W.D., 1922. Citation: When his battalion commander found it necessary to send a message to a company in the attacking line and hesitated to order a runner to make the trip because of the extreme danger involved, Pfc. Dunn, a member of the intelligence section, volunteered for the mission. After advancing but a short distance across a field swept by artillery and machinegun fire, he was wounded, but continued on and fell wounded a second time. Still undaunted, he persistently attempted to carry out his mission until he was killed by a machinegun bullet before reaching the advance line.
    1920 – A Chicago grand jury indictment added former featherweight boxing champ Abe Atell and baseball players Hal Chase and Bill Burns as go-betweens in the 1919 World Series scandal. Black Sox Ed Cicotte, Joe Jackson, Lefty Williams and Happy Felsch signed confessions, which they will later recant.
    1921 – In their first game in the NFL, the Green Bay Packers beat Minneapolis, 7-6.
    1925 - Heeerrrrre's Johnnnnnny—Johnny Carson's (d. 2005) birthday, Corning, Iowa. Succeeding the second “Tonight” Show host, Jack Paar, in 1962, Carson became the king of late-night and hosted “The Tonight Show with Johnny Carson” for 30 years.  During that time, he became an icon, successfully defending threats from wannabe shows with Merv Griffin, Dick Cavett, Joey Bishop, John Davidson, Joan Rivers, and others.  The show was also the launching pad for the likes of Jerry Seinfeld, Jay Leno, David Letterman, Drew Carey, Roseanne, Jeff Foxworthy and others.
4531 Episodes
    1927 - Surrealist poet Philip Lamantia (d. 2005) was born in San Francisco.  Lamantia discovered Surrealism as a teenager. Immediately drawn to this movement, he began to write poetry and left California for New York to meet Andre Breton, who recognized his talent and began publishing his poems. Lamantia's work appeared in Breton's “VVV,” as well as Charles Henri Ford's “View” and other experimental journals. He married Nancy Peters, a surrealist poet and co-owner, with Lawrence Ferlinghetti, of City Lights Books publishers, which is still in business in North Beach, the original haven for “Beatniks.”
    1927 - Alto sax player Sonny Criss (d. 1977) birthday, Memphis.
    1929 - The Dow Jones Industrial Average plunged, starting the stock-market crash that began the Great Depression.
    1931 – Former senator and Baseball Hall of Famer Jim Bunning (d. 2017) was born in Southgate, KY.  He pitched a no-hitter in each league, including a perfect game against the Mets for the Phillies in 1964.  When he retired, he had the second-most strikeouts in MLB history behind Walter Johnson.   He was the Republican senator from Kentucky (1999-2011) and the Representative from the 4th district from 1987-99.
    1935 - Birthday of golfer Juan “Chi-Chi” Rodriquez, born Rio Piedras, Puerto Rico.
    1935 – Mobster Dutch Schultz and several others were fatally shot at a saloon in Newark, NJ in what will become known as The Chophouse Massacre.  Weakened by two tax evasion trials led by prosecutor Thomas Dewey, Schultz's rackets were also threatened by fellow mobster Lucky Luciano. In an attempt to avert his conviction, Schultz asked the Commission for permission to kill Dewey, which they refused. When Schultz disobeyed them and made an attempt to kill Dewey, the Commission ordered his murder.
    1939 - North of Murmansk, a German prize crew steers the US ship City of Flint into Kola Bay. The steamer was seized as contraband by a German cruiser. SS City of Flint, a freighter of the United States Merchant Marine, was the first American ship captured by the Germans…and this was more than two years prior to the US entry into World War II. Under the command of Captain Joseph H. Gainard, City of Flint first became involved in the war when she rescued 200 survivors of the torpedoed British passenger liner SS Athenia in early September, 1939. On October 9, City of Flint was carrying 4000 tons of lubricating oil from New York to Great Britain. Panzerschiff Deutschland seized her some 1200 miles out from New York, declaring her cargo to be contraband and the ship a prize of war. A German prize crew painted out all US insignia and hoisted the German ensign. To avoid the Royal Navy, the prize crew headed for Tromsø. The Norwegians, neutral at the time and disturbed by the sinking of the merchant SS Lotent W. Hassen, refused entry to the Germans. The prize crew then sailed for Murmansk, claiming havarie (the privilege of sanctuary for damage caused at sea), but the Russians also refused entry, stating that if the Germans claimed havarie, the American crew could not be prisoners of war. In the several weeks that elapsed, the United States ordered many US merchant ships to register with other countries to continue supporting the Allies without violating the US's nominal neutrality. The Royal Navy began closing on the captured ship. The prize crew then tried Norway again at the port of Haugesund. The Norwegian government again refused entry, describing the German crew as kidnappers. The approaching Royal Navy left the prize crew no choice, though; on November 3, they entered the harbor. The Norwegian Admiralty interned the German crew and, on November 6 returned City of Flint to Captain Gainard's command.
    1940 - Birthday of Pele, born Edson Arantes do Nascimento, famous soccer player, Tres Coracoes, Brazil. 3 winning teams [1958, 1962, 1970].
    1941 - The Lend Lease Act was passed by the US Senate, giving the president authority to send materiel to Europe and continue neutrality in the war.  A $50 billion program under which the United States supplied the UK and British Commonwealth, Free France, the Republic of China, and later the Soviet Union and other Allied nations with food, oil, and materiel between 1941 and August 1945. This included warships and warplanes, along with other weaponry, and ended in September, 1945.
    1941 - Walt Disney's classic animated film, “Dumbo,” was released to theaters. It was one of the shortest Disney full-length animations produced, at a running length of 64 minutes. Critics considered it the best of Disney's animations to date because of its heart, compassion, and skill. It was also one of the least expensive to make, costing about $950,000.
    1944 - In response to the Allied invasion of the Philippines at Leyte, the Japanese initiated "Sho-Go" (Operation Victory), an attempt to counter the Allies' next invasion by heavy air attacks. Four carriers were sent south from Japanese waters to lure the US aircraft carriers away from Leyte Gulf. At the same time, Japanese naval forces from Singapore were sent to Brunei Bay, spilt up into two groups and converged on Leyte Gulf from the north and southwest. The group in the north, under Vice Admiral Kurita Takeo, was to enter the Pacific through the San Bernardino Strait between the Philippine islands of Samar and Luzon. On Oct 23, in the largest naval battle in history, Kurita lost two of his heavy cruisers to US submarine attack, and one of Japan's greatest battleships, the Musashi, was sunk in an aerial attack the next day.  The southern group commanded by Vice Admiral Nishimura Teiji was detected on its way to the Surigao Strait and was practically annihilated by the US 7th Fleet, resulting in serious losses for the Japanese. 
    1944 - The 1st Battalion, 141st Infantry, 36th Infantry Division (TX), soon known as the "Lost Battalion" was cut off on top of a hill by German infantry and armored forces. After six days of stemming repeated enemy attacks and suffering extremely high losses and with ammunition, food and water running out, the battalion was relieved by the other two battalions of the 141st along with the famed 442nd Regimental Combat Team made up of Japanese-Americans.
    1945 - Dodgers President Branch Rickey announced that Jackie Robinson has signed to play with Brooklyn's Triple A team in Montreal. The 26-year old Negro League star will be the first black player to play in organized baseball since 1884.
    1946 – The UN General Assembly met for the first time, in an auditorium in Flushing, Queens, NY.
    1947 - The NAACP petitions the United Nations about racial injustices, titled "An Appeal to the World," drafted by civil rights leader W.E.B. Du Bois, accusing the U.S. of human rights violations because of discrimination against African-Americans.    Eleanor Roosevelt, an active NAACP board member from 1945 to 1958, initiated the U.N.'s human rights protocol.  Four years later, the noted African-American singer and civil rights activist Paul Robeson, on behalf of the Civil Rights Congress, submitted a petition to the UN, “We Charge Genocide,” accusing the U.S. of genocide regarding African-Americans.
    1947 - The first Nobel Prize shared by an American husband and wife was the Nobel Prize for physiology or medicine, awarded to Dr. Carl Ferdinand Cori and Dr. Gerty Theresa Cori of the Washington University School of Medicine, St. Louis, MO, who discovered how sugar in the human system is converted into glycogen through an enzyme or biological catalyst called phosphorylase.
    1950 - Communist troops massacred 68 American POWs in the Sunchon tunnel. A 1st Cavalry Division force under the command of Brigadier General Frank A. Allen rescued 21 survivors.
    1951 - The NAACP pickets the New York Stork Club in support of Josephine Baker, who was refused admission a week ago. After a city- convened special committee calls Baker's charges unfounded, Thurgood Marshall calls the findings a "complete and shameless whitewash of the long-established and well-known discriminatory policies of the Stork Club."  Josephine Baker rummaged for coal behind Union Station and for food behind Soulard Market in St. Louis. At age 13, she was a waitress at the Chauffeurs' Club on Pine Street and danced with a minstrel band. In 1925, she went to Paris with the Revue Negre. Baker starred in the Folies-Bergere the next season and became one of France's best-loved entertainers. During World War II, she was a heroine of the Resistance, earning the Legion d'Honneur. A French citizen, she remained an activist for civil rights in the US. On her death in 1975, Baker was given an unprecedented state funeral in Paris.
    1954 - Elvis Presley reaches a Billboard chart outside of Memphis for the first time when "Blue Moon of Kentucky" hits #6 in Nashville and #3 in New Orleans.
    1955 - Top Hits
“Love is a Many-Splendored Thing” - The Four Aces
“Autumn Leaves” - Roger Williams
“The Shifting, Whispering Sands” - Rusty Draper
“Love, Love, Love” - Webb Pierce
    1956 – “The Jonathan Winters Show” was televised in New York on WRCA-TV, taped with a RCA machine and then played back for the West Coast at a later time. It was the first telecast shown in full compatible color. It also was the first video recording on magnetic tape televised coast-to-coast.
    1959 - Birthday of singer, satirist Alfred Matthew “Weird Al” Yankovic, Lynwood, CA.
    1959 - Charles Van Doren recants his testimony. The son of author/teacher Mark Van Doren (Allen Ginsberg, et al) originally denied to a grand jury that the TV quiz show "21" had supplied him with questions and answers in advance. His confession was front page news and a shock to the American public that had made the television show the most popular on the air at that time. It also made suspect all television games and the medium itself.
    1961 - The first jazz composition to appear on the Top 40 charts was pianist Dave Brubeck's instrumental “Take Five,” which entered the Top 40 popular music charge published by the trade newspaper. It eventually reached 25.
    1961 - Dion's "Runaround Sue" was the #1 U.S. single. It remained at the top for two weeks until being knocked off by Jimmy Dean's "Big Bad John."
    1962 – US Ambassador to the UN, Adlai Stevenson, addressed the UN Security Council regarding the Cuban missile crisis.  In his presentation, which attracted national television coverage, he forcefully asked Soviet UN representative Zorin if his country was installing nuclear missiles in Cuba, and when Zorin appeared reluctant to reply, Stevenson punctuated with the demand "Don't wait for the translation, answer 'yes' or 'no'!"  When Zorin replied that "I am not in an American court of law, and therefore do not answer a question put to me in the manner of a prosecuting will have your answer in due course," Stevenson retorted, "I am prepared to wait for my answer until Hell freezes over."  Stevenson then showed photographs taken by a spy plane which proved the existence of nuclear missiles in Cuba, just after Zorin had implied they did not exist.  Coincidentally, this was his grandfather’s 137th birthday.   
    1962 - Birthday of my cousin, Douglas Richard (Doug) Flutie, Manchester, MD. Heisman Trophy winner as QB for Boston College [1984], Flutie is still remembered for the most famous Hail Mary in college football.  Against powerhouse University of Miami who staged a dramatic drive to take the lead, 45-41, in the closing minute of the game, Boston College then took possession at its own 22-yard line with 28 seconds to go. After two passes moved the ball another 30 yards, only 6 seconds remained. On the last play of the game, Flutie scrambled away from the defense and threw a deep pass into the end zone that was caught by Gerard Phelan as time expired, giving BC a 47-45 win.  He played for several teams in the NFL who always thought him too small to play QB in the NFL.  All he did was win, going 37-28 as a starter, coming off the bench to win several more games, and holding a 22-8 won-loss record at his home field.  
    1962 - Twelve-year old Steveland Morris Judkins, renamed Little Stevie Wonder, records his first single, "Thank You for Loving Me All the Way," for Motown Records. The record doesn't do anything but he is billed as the twelve-year-old genius.
    1963 - Top Hits
“Sugar Shack” - Jimmy Gilmer and The Fireballs
“Be My Baby” - The Ronettes
“Busted” - Ray Charles
“Love's Gonna Live Here” - Buck Owens
    1965 - The Byrds' "Turn! Turn! Turn!" is released.
    1965 - The Temptations enter the Hot 100 for the seventh time with "My Baby," which will reach #13 in eight weeks on the chart.
    1966 - The Yardbirds and Country Joe and the Fish at the S.F. Fillmore.
    1970 – “Lady Soul,” Aretha Franklin, won a gold record for "Don't Play that Song."
    1971 - Walt Disney World opens in Orlando, Florida, 16 years after Disneyland opened in Anaheim, California. Disney World, featuring rides and characters from Disney's beloved movies, would later include EPCOT Center (which opened in 1982), based on Walt Disney's vision of a Utopian planned community. (EPCOT stands for Experimental Prototype Community of Tomorrow.) The Walt Disney Company launched a real planned community, Celebration, Florida, in 1996.
    1973 - Eight impeachment resolutions were introduced in the House, even as President Nixon announced he would turn over the subpoenaed Watergate tapes.
    1973 - A UN-sanctioned cease-fire officially ended the Yom Kippur War between Israel and Syria.
    1975 - Elton John's Los Angeles concert was sold out at Dodger Stadium. It was the finale to his concert tour of the western U.S.
    1975 - In a fitting finish to one of the most classic World Series ever played, the Reds beat the Red Sox in a thrilling Game 7 victory, 4-3. Joe Morgan's ninth inning looping single scoring Ken Griffey proves to be the decisive hit.
    1976 - Led Zeppelin make their US television debut on Don Kirshner's “Rock Concert,” where they perform "Black Dog" and "Dazed and Confused."
    1976 - Chicago's hit single, “If You Leave Me Now” also made it to the record charts top spot on this date, and remained Number 1 for 2 weeks.
    1978 - CBS Records becomes the first US label to announce a price hike to $8.98 for albums. Other labels soon followed suit.
    1979 - Top Hits
“Rise” - Herb Alpert
“Pop Muzik” - M
“I'll Never Love This Way Again” - Dionne Warwick
“All the Gold in California” - Larry Gatlin and The Gatlin Brothers
    1979 - Billy Martin got into a fight with marshmallow salesman Joseph Cooper at a hotel in Minneapolis. According to Cooper, the fight started over a dispute on who should be "Manager of the Year." Martin reportedly egged Cooper on, offering a $500 bet and later sucker punching Cooper.  Cooper required 15 stitches.  Yankees owner George Steinbrenner fired Martin shortly thereafter, for the second of five times.
    1983 - A truck filled with explosives, driven by a suicide terrorist, crashed into the U.S. Marine barracks near the Beirut International Airport in Lebanon. The bomb killed 241 Marines and sailors and injured 80. Almost simultaneously, a similar incident occurred at French military headquarters, where 58 died and 15 were injured. An obscure group calling itself “Islamic Jihad” claimed responsibility for the bombings.  This incident was the deadliest single-day death toll for the United States Marine Corps since the Battle of Iwo Jima during World War II, the deadliest single-day death toll for the US military since the first day of the Tet Offensive in Vietnam, and the deadliest single attack on Americans overseas since World War II.  Some analysts believe the newly formed Islamic Republic of Iran was heavily involved in the bomb attacks and that a major factor leading it to orchestrate the attacks on the barracks was America's support for Iraq in the Iran-Iraq War and its extending of $2.5 billion in trade credit to Iraq while halting the shipments of arms to Iran. A few weeks before the bombing, Iran warned that providing armaments to Iran's enemies would provoke retaliatory punishment. Four months after the Marine barracks bombing, U.S. Marines were ordered to start pulling out of Lebanon.
    1987 - Thirteen cities in the southeastern U.S. reported record low temperatures for the date. It marked the sixth record low of the month for Greer, SC and Columbia, SC, and the ninth of the month for Montgomery, AL. Showers and thunderstorms deluged Corpus Christi, TX with five inches of rain. Winnemucca, NV reported their first measurable rain in ninety-two days, while Yakima, WA reported a record 96 days in a row without measurable rainfall.
    1987 - Top Hits
“Lost in Emotion” - Lisa Lisa and Cult Jam
“U Got the Look” - Prince
“I Think We're Alone Now” - Tiffany
“Fishin' in the Dark” - Nitty Gritty Dirt Band
    1988 - Denver, CO, reported their first freeze of the autumn, and Chicago, IL, reported their first snow. In Texas, afternoon highs of 93 degrees at Austin and San Antonio were records for the date.
    1989 - Up to 3 feet of snow fell in the mountains around Lake Tahoe with 21 inches at Donner Summit. Locally heavy rains in the San Francisco area caused numerous mudslides, adding insult to injury for earthquake victims. Thunderstorms in northern California produced 3.36 inches of rain at Redding to set a 24-hour record for October. A storm moving out of the Gulf of Alaska brought rain and high winds to the Central Pacific Coast Region. High winds in Nevada gusted to 67 mph at Reno, and thunderstorms around Redding, CA produced wind gusts to 66 mph.
    1990 - Michael Jackson donates one of his stage outfits, including a hat and a rhinestone covered glove, to the Motown Museum in Detroit. In his address, Jackson thanks Berry Gordy, calling him "the man that made it all possible for me."
    1990 - Motorola announced it had developed technology to send data at high speeds within office buildings using digital radio transmission. The technology, powerful enough to transmit anywhere in a large building, would allow companies to move computers from one office to another without laying new wiring. While wireless communication for all kinds of computer devices became common in the late 1990s, most companies continued to rely on cable to connect in-office, desktop computers. The wireless telephone and communicator business is now bringing wireless capabilities further with longer distances of source available.
    1991 – After sensational confirmation hearings, Clarence Thomas was sworn in as Supreme Court Associate Justice.
    1993 - After his winning home run gave the Blue Jays the win, Joe Carter stepped on home plate and touched off a SkyDome celebration. The Toronto Blue Jays beat the Philadelphia Phillies 4 games to 2 in the World Series to win the title for the second year in a row.  This was only the second time in history that a walk-off homer won a World Series; the other was Bill Mazeroski’s game-winner in 1960.
    1994 - Mel Gray passes Ron Smith to become the all-time NFL leader in kickoff return yards. Gray finishes his career with 10,250 yards.
    1998 - An American-brokered peace deal was reached at the Wye Mills Plantation in Maryland between Yasser Arafat and Benjamin Netanyahu. Israeli and Palestinian extremists denounced the deal. Land for the Palestinians was exchanged for security guarantees to the Israelis backed by the American CIA. Pres. President Clinton agreed to release Jonathan Pollard, who was jailed 11 years ago, on charges of spying for Israel.
    1999 - Thirty years after making his initial US chart appearance with a song called "Jingo," Carlos Santana had his first number one hit with "Smooth." The track, which features the vocals of Rob Thomas of Matchbox Twenty, would stay at the top for twelve weeks and remained in the top ten for a record setting 30 weeks.
    2001 - NASA's Mars Odyssey spacecraft began orbiting Mars. In 2010, it became the longest-operating spacecraft ever sent to Mars.
    2001 - Apple Computer Inc. introduced the iPod portable digital music player.
    2002 - In Game 4 of the World Series, Barry Bonds is walked intentionally three times, setting a new record for a Fall Classic game. Angels starting pitcher John Lackey, who issues all the free passes to the Giants left fielder, does not factor in the decision in San Francisco's 4-3 victory at Pac Bell Park (now Oracle Park), which deadlocks the Series at two.
    2002 – In a poll of fans, sponsored by MLB and MasterCard, Lou Gehrig's consecutive games streak being broken by Cal Ripken Jr. in 1995 is voted as baseball's most memorable moment. Hank Aaron breaking Babe Ruth's all-time home run record, Jackie Robinson becoming the first black to play in Major League baseball, Mark McGwire breaking Roger Maris' single-season home run record and Lou Gehrig's farewell speech were also in the top five events selected by the fans.
    2005 - For 14th time in World Series history, a walk off home run ends Game 2 as Scott Podsednik's ninth inning blast at Chicago's U.S. Cellular Field beats the Astros, 7-6. In 1960, Hall of Famer Bill Mazeroski was the first player to accomplish the feat as his game-winning homer makes the Pirates World Champions.
    2005 - On the verge of the first World Series game in Texas, much to the chagrin of the Astros, MLB rules Houston must play Game 3 of the Fall Classic with its Minute Maid Park roof open. During the regular season, the team had a much better record (38-17) when ballpark was enclosed than in games started in open air (15-11).
    2006 - Former Enron CEO Jeffrey Skilling was convicted of 35 felony charges and sentenced to more than 24 years in prison for his role in the company's collapse.  He earned his MBA from Harvard Business School during 1979, graduating in the top 5% of his class as a Baker Scholar.  During Skilling's management, Enron adopted “mark-to-market” accounting, in which anticipated future profits from any deal were accounted for by estimating their present value rather than historical cost. Skilling began advocating a novel idea: by promoting the company's aggressive investment strategy, the company didn't really need any "assets". This plan helped make Enron the largest wholesaler of gas and electricity, with $27 billion traded in a quarter. On February 12, 2001, Skilling was named CEO of Enron, replacing Lay. He received $132 million during a single year. Skilling was slated to succeed Lay as chairman as well in early 2002.  When brought in front of congressional committees, Skilling stated that he had "no knowledge" of the complicated scandal that would eventually result in Enron's bankruptcy, telling CA Senator Barbara Boxer “I am not an accountant” despite the Harvard MBA.  Skilling was released from federal custody in February, 2019 after serving 12 years.
    2015 – The lowest sea-level pressure in the Western Hemisphere, and the highest reliability-measure non-tornadic sustained winds, are recorded n Hurricane Patricia which strikes Mexico hours later.  13 are killed and damages exceeded $280 million.

World Series Champions

    1910 - Philadelphia Athletics
    1993 - Toronto Blue Jays



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