Headlines--- Cartoon---Money
Can't Buy Happiness Classified
Ads---Jobs Wanted-plus Testimonial Foundation
Celebrates Lessors' Generosity Weekly
Bulletin Board Report 10/15/03 Beige
Report To Be Issued Today Salesman Pay Survey---Tomorrow This Border #####
Denotes Press Release (Not Written By Leasing News) ------------------------------------------------------------------------------------------
Please send to
a colleague as we are trying to build our readership. Two Version: Free
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Free 30 Day Trial This text edition
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Can’t Buy Happiness http://two.leasingnews.org/cartoons/LASER.jpg --------------------------------------------------------------------------------------------------------- Classified
Ads---Jobs Wanted—plus Testimonial “Good morning- I hope all is going well for you. “I want to thank you. After leaving Jim Lahti and Rick Galtelli at
Affiliated in Texas, I moved to Phoenix. I posted a job search on your
site, and Rick Wilbur with Media Capital contacted me; now I'm back
in the leasing fold. “Thank you. “I'm not sure though how to remove my job post, and I keep getting
contacted by other local firms. It's very gratifying, but I'm happy
where I am. If you could remove it, I would be grateful. “And thanks again,” Rustyn Rose 3417 S. 73rd Lane Phoenix, AZ 85043 rrose20@cox.net 480-510-7324 Sales: Atlanta,
GA. 15 Yr extensive small & mid-ticket leasing. Strong book of business
& vendor/direct base. Strong closing, structuring, communication,
negotiation & nat'l program skills w/ following in key markets.email:
leasepro4@aol.com Sales: Atlanta,
GA. Consistent top performer, results oriented with outstanding sourcing,
structuring and negotiation skills. Direct& vendor development sales.
Mid-market and above - Customers throughout Southeast. email: w.t.dent@comcast.net Sales: Atlanta,
Ga. Polished, self starting
professional with 10 years of leasing and 20 years of sales experience
seeking leasing position. email: saulsloman@comcast.net Sales:Austin,Texas
24yrs exp.in equip leasing sales, vendor/direct, leasing high- tech
to rolling stock. HP12C/17B. Small- Mid Ticket. Seeking Texas territory
which can be covered from Austin home-base. email:GeorgeMinchew@sbcglobal.netGeorgeMinchew@sbcglobal.net Sales: Bakersfield,
CA. I have an extensive
sales and management background in equipment leasing. My work history
exhibits my major strength in small ticket equipment leasing. email:
pangress@msn.com Sales: Orange
County, CA. Skilled deal-closer
at above-average rates. Entrepreneurial. Accomplished lease- structurer
specializing in transportation. Exp. in direct/captive & syndicator
environments servicing vendors, brokers, & end-users. email:originator@sbcglobal.net Sales: Orange
County, CA. 20 yrs. in leasing. Skilled, persistent marketing rep. Great
closer on deals from $100K to $5MM. Looking for middle market company. email: pauldriscoll1@lycos.com Sales: Chicago,
IL. Equipment leasing professional with 25+ years experience in sales,
sales management and debt placement. Excellent communication skills,
strong credit & financial understanding. steevo@wideopenwest.com Sales: Chicago,
IL. 12+ yrs multinational/ national sales & business development.
Seeking role with captive lessor or global leasing company. Will relo
right opportunity. Experience structuring complex transactions. email:
leasingismylife@yahoo.com Sales: Denver,
CO. 17 yr sales expr.
in leasing sales (territory, NationalAccts., sales mgt) looking to bring
experience to s sales/sales mgt role. Successful, accountable, ethical,
aggressive, results. email:lease442000@yahoo.com Sales: Denver,
OR. Broker representative:
Seek employment or partnership w/estab. finance group. Prior engineer
making career change. Have pursued extensive self-education/ formal
training. email: dbrown@thirdwavefinance.com Sales: Denver
CO. Experienced Equipment
Leasing Broker looking for a in house leasing company. Can bring a book
of business with me or develop new territory where needed. email: Steven@eagle2.net Sales: Detroit,
MI. 16-year lease veteran looking for opportunity in the Detroit area.
Ability to bring on new accounts and manage existing base. Up to 60%
travel acceptable. email:ebonbri@aol.com Sales: Port
St. Lucie, Southeast, FL. Highly experience
in middle market leasing sales. Consistent producer, strong credit,
organizational and territory management skills. Seek position with bank
related or captive organization. david34983@bellsouth.net Sales: Stuart,
Fl. 17 years exp. leasing in small ticket and large ticket, portfolio
management exp. along with sales management and administrative background,
strong sales and marketing skills. email: sales@rvcglobal.com Sales: Hartford,
CT. 10+ yrs leasing sales exp.; multi-industry, small-large ticket,
Direct, Vendor, and Captive exp. Seeking sales position with captive
or independent company with equity investment capability. emailbcurt95@aol.com Sales: Jacksonville,
FL. Seasoned equipment
leasing professional, with over 10 years of experience, looking for
position in business development in Northern Florida territory. email: rene.bradshaw@superig.com.br Sales: Prairie
Village, KS Have substantial deal flow and database of broker referral
sources. Generated and closed over $22M LY. Seeking exclusive relationship
w/direct founder. email:fiergl@aol.comfiergl@aol.com Sales: Louisville,
KY I have been in leasing/financing
of construction, machine tool, and mfg equipment for 20+ years. Traveled
KY, IN, OH and TN. Email:kyle90@msn.com Sales: Minneapolis,
MN. 10+ yrs Equipment Leasing in Upper Midwest. Investment Grade Database.
Previous vendor/small/middle market exp. Super Trump, 17B & account
database exp. email: golfadm@yahoo.com Sales: Mission
Viejo, CA Account Sales Executive
with 10 years of leasing experience looking for company to bring existing
customer base. Email:makelly21@hotmail.com Sales: Central,
NC. 7 yrs.equip leasing
&finance; specialist in heavy construction equip for 2-top-5- specialty
finance/lease companies, NC &VA territories. $10-15MM annual funding.
Downsized in 2002, now independent broker with varied customer base.
email: sunriseleasing@aol.com Sales: Greensboro,
N.C. Seeking direct & broker sales w/major finance e companies in NC
or southeast market. Small to mid-ticket range. Stable &family oriented.
Will have series 6,63,65 license shortly. email:kc1492@aol.com Sales: Princeton,
NJ: Regional Sales Manager: Last 15 years with captive. Knowledgeable
in all aspects of leasing. Application to funding. Worked with 25 salespeople
- east coast. email: denisregan@msn.com Sales: Phoenix,
AZ. 20-year veteran with multiple industry experience, solid closing
skills, middle-market database, sourcing direct/vendors. Seeking direct/vendor/
captive lessor with direct funding & equity infusion capabilities.
email: lease321@cox.net Sales: St.
Louis, MO Proven equipment
finance sales professional looking for a new challenge which rewards
success. Equipment type and location open provided you want business.
email:amlifter@aol.com Sales: San
Bernardino, CA. Account executive
w/4 years exp. in small ticket &lower end middle market lease transactions,
Outstanding ACT database compiled of over 500 vendors. Seeking a career
driven position w/a reputable lessor
email: moneytoloan@hotmail.com Sales: San
Francisco Bay Area, CA 10+ yrs in middle
market leasing. Seek direct lessor only. Transaction size from $500M
to $10.0MM. Client base: printing, food, retail, hvy manufacturing.
Email:edm173@sbcglobal.net Sales: Tampa,
FL. 27 years experience. Very adept in bank lease programs and direct
sales in MM/LT. Looking to re- enter the industry. Will relocate to
Texas. Hungry. email: cwilliams@triit.com 83 Job Wanted ads at: http://64.125.68.90/LeasingNews/JobPostings.htm To post a free “Job Wanted” ad, please go here: http://64.125.68.90/LeasingNews/JobPostings.htm -------------------------------------------------------------------------------------------- Orix—Beyond
Comedy? Leasing News has
contacted the Orix PR department.
We don't expect an answer back from them regarding the following stories: http://www.leasingnews.org/archives/October%202003/10-06-03.htm#orix Here are what readers have to say: THIS ORIX THING BEYOND
COMEDY...... WHAT ARE THE OWNERS
/ DIRECTORS OF ORIX THINKING? ALL THIS TEAM DID
WAS DESTROY THE SALES FORCE THAT WAS IN PLACE AND DESTROY 30 YEARS OF
CUSTOMER RELATIONSHIPS AND COLLECT OUT THE VALUE OF THE PORTFOLIO. NOW THAT THE COLLECTION
IS COMING TO A CLOSE, THESE GUYS ARE OUT WOW!......WHO'S BRAIN STORM
WAS THIS (?) ANYBODY WHO KNEW ANYTHING ABOUT THIS BUSINESS KNEW WHAT
THEY WERE UP TO DAY ONE, INCLUDING SOME OF THE BEST SENIOR MANAGEMENT
IN THE BUSINESS. YA KNOW!..... WE
CAN NEVER EVER CONFUSE "CORPORATE DECISIONS" WITH "BUSINESS
DECISION". A "CORPORATE DECISION" IS ALWAYS MADE BY PEOPLE
WHO DO NOT DEAL DIRECTLY WITH THE PROBLEMS TO BE SOLVED. A "BUSINESS
DECISION" ARE MADE BY PEOPLE THAT OWN THE COMPANY WHO DEAL WITH
ALL THE COMPANY PROBLEMS AND MAKE ALL THE DECISIONS. THIS ORIX THING IS
A JOKE AND VERY SAD FOR ALL THE PEOPLE THAT DEDICATED THEIR CAREERS
TO ORIX RUSSELL N. BENSON MARUKA U.S.A. INC. 400 COMMONS WAY ROCKAWAY NJ 07866 (973) 983-1000, EXT.
219 E-MAIL: RUSSELLSR@AOL.COM Orix The rag tag Battle
Star Galactica of leasing... The Palitz family went where no one wanted to go... There were a number
of decisions made over the years that led to the current state: 1) The decision to
hire "cronies" over qualified people... to avoid fees. 2) The decision to
hire "bank" leasing reps a couple of years ago who had a tendency to work
the "credit team" side of the deal rather than the "customer side"
in "storied credit" situations. They were used to "selling rate" and it
was a tragic mistake made by the big ticket side... 3) The decision to
close so many offices and consolidate operations to Atlanta There are several
external pressures that had a tremendous impact: 1) 9-11 had a direct
impact on ORIX USA as they had many offices in the towers. 2) The Japanese economy... 3) Some top managers
were recruited away at crucial times. Anonymous __ I regularly receive
your newsletter via e-mail and have enjoyed the variety and candor of your
postings. However, I must take
offense at parts of the recent article you
published concerning Orix USA (Orix USA Floundering-Holmes
Going, Going....). In this piece
you state, "The current failing at ORIX reportedly
are not Holmes's fault. The Credit Alliance portfolio is losing
big money, the original Palitz brothers had a way of moving money around
to make the company look good on paper and after they sold and left the
problems didn't surface until the economy took a dive." I feel compelled to
add some counterbalance to that overly broad assessment. Since it has been
almost 8 years since I left Orix, I am not well versed in their current internal
problems. I do know however,
what the company's business was like
during my 16 year tenure at the firm as one of their top salespeople. The Palitz family was brilliant in their appreciation and understanding of
companies like Credit Alliance and the role they played in the marketplace. When banks or other monolithic financial institutions turned their backs
on the middle market and some of the so-called "dirty" industries like construction,
waste, and transportation, Credit Alliance and Leasing Service were
there to offer a valuable service to the core industries of America.
Perhaps we weren't the cheapest rate in town, but we were one of the most
innovative and flexible groups around.
We didn't credit score people
or companies to determine their creditworthiness, rather we looked at what
they were buying, their payment history on similar debt, and what type of
character they possessed. Yes,
we actually got to know our customers first
hand in order to determine if they were "good guys" or "bad guys". Sounds overly simplistic to some, but it worked!
My guess is that
the problems began to develop when the decision was made to eliminate many offices and
the hard working employees who serviced those regions.
The formula for success
implemented by the Palitz family and its successors was undone by the lack
of hands-on direct contact with their customers.
Back then our customers
paid us before they paid almost anyone else because they knew that they had
a relationship with myself or others in the company. They would not take
the chance that they would jeopardize that relationship through default. In addition, I find
it hard to fathom that the problems you say are surfacing now once
the economy took a dive were left behind by the Palitzes. If memory serves
me they were out of the Credit Alliance picture by the late 80s. I know I had a hard time structuring any deals
that went beyond 60 months so I doubt
that any of the deals they were responsible for extended this far into the
future. It bothers me that people
outside the group would feel comfortable
criticizing an organization that had an excellent reputation during
its heyday and which, in essence, is no longer around to defend itself. Yours truly, Tom Tornee' TTornee@NFB.COM Sales Manager North Fork Equipment
Leasing 99 Jericho Turnpike Jericho, NY 11753 516-333-4723 516-333-5033 fax -- In a recent article
concerning the rumors around Jay Holmes at Orix, you made reference that
the Palitz brothers had moved money around and that had cause some of the
losses when the economy had problems.
I would like to point out that the
Palitz brothers retired from Orix 15 years ago.
Since most deals they did
were under 5 year transactions, I don't think anything they did would have
much effect of the losses taken in the past 5 to 10 years. By the way, I certainly
enjoy being one of your readers. Mike Leonard --- Both Mike Leonard,
who was manager of the Atlanta Transportation Division, and Tom
Tornee, who was a salesman in upstate New York, are good guys. I agree with the essence of what both have told
you. I thought that your
critique on the Palitz brothers was overdone. While they were gone
for years before the problems hit ORIX, the ORIX management was primarily
trained by the Palitzes. Any
tricks of the trade that the Palitzes
knew about were passed on to the management.
I think, however, that
the Palitzes should take no hit on the problems at ORIX. I believe that Jay Holmes was never interested
in fixing ORIX, but rather remaking
it in his image. That is why he let go all the old ORIX managers, changed
the name, closed every office and re-made the company in Atlanta. Why, for instance, would he start a municipal leasing operation,
when they did not need tax shelter?
How did he think that his "bigger
deals, better credits and higher rate" approach work, and did he think
it was a unique business model? My
opinion? With the Japanese economy
in a serious state, I think Holmes pushed the right buttons to force
the Japanese to protect their foreign crown jewel, Credit Alliance. Jay's approach was heavy-handed and he had his
mind set on what he wanted
to do and nothing was going to stop him. ( name with held ) I agree current management
needs to take the rap, should Jay be the fall guy, who
is really pulling the strings. ORIX Sato or Moss? You have stirred
up a hornets nest. One thing to expect, the Teflon Don (Gary Gussoff) will survive. (name with held ) ----------------------------------------------------------------------------------------------- #### Press Release
########################## Foundation
Celebrates Lessors’ Generosity James R. Renner,
Chairman of the Equipment Leasing and Finance Foundation announces awards and special recognition
to several of the Equipment Leasing and Finance Foundation's largest
corporate and individual donors, including: Individual Benefactors,
for donating $1,500 or more in a personal contribution: James S. Beard Edward A. Dahlka,
Jr. Rodney Darensbourg Chip Leas Michael A. Leichtling James H. Possehl James R. Renner Robert Rinek Matthew D. Shieman
and Rudolph Trebels Corporate Sustainers,
donating $5,000 or more: Bay4 Capital, LLC CitiCapital First American Equipment
Finance GE Commercial Finance HPSC, Inc. Key Equipment Finance Leaf Financial Corporation US Bancorp Equipment
Finance Corporate Sponsors,
donating $10,000 or more: American Express
Business Finance DeLage Landen Financial
Services Siemens Financial
Services, Inc. Jim Renner was pleased
to induct three new companies into the Equipment Leasing and Finance
Foundation's Founder group. Founders are companies and individuals donating
$25,000 or more to support the research endeavors of the Foundation. 2003 New Founders
are: Caterpillar Financial
Services Republic Financial
Corporation and Wells Fargo Equipment
Finance, Inc. Recognition was given
to outgoing Foundation Trustees, Robert Knapp of Siemens Financial Services
and Lou Vigliotti of GE Capital Markets Services for their years of
service on the Board of Trustees. Incoming Trustees are Rodney W. Darensbourg,
UPS Capital Corp., Paul W. Frechette, Key Equipment Finance and Michael
Sheehan, American Express Business Finance Corp. Special recognition
was given to outgoing Trustee and Foundation Founder, Paul S. Gass.
Fourteen years ago, Paul made a very large personal contribution to
create the Equipment Leasing and Finance Foundation. Paul served as
Chairman of the Foundation for 11 years, and was highly successful in
securing thousands of dollars in donations to the Foundation. For more information
on the Equipment Leasing and Finance Foundation, visit www.leasefoundation.org. ### Press Release
############################## ------------------------------------------------------------------------------------------------ Weekly
Bulletin Board Report 10/15/03 #1 I am the CFO for
********., a small plastic manufacturer located in ***** CA. We were
looking for equipment financing and paid a $4,000.00 refundable deposit
to *******, for the purpose of securing financing. The Managing Director
is ***** Since we sent the check on June 18, 2003, little was done and
no financing has been secured for us. Many request to return our refund
had been ignored. We are quite sure this company is set up to deceive
companies desperate for financing and we want companies out there to
be aware of this dishonest company. I also welcome whatever help or
advice you can offer. (We have asked him
for a copy of any commitment letter or anything he signed, plus a copy of the cancelled
check. The leasing company in
questions appears not to belong to any leasing association,
no web site, nothing in the Better Business Bureau, and depending on the
documents, this may be another company burned in our industry.) #2 A complaint about
NorVergence , with accusations against the vendor who belongs to the
Equipment Leasing Association and the person in charge of bank relations
is the president of the Eastern Association of Equipment Leasing. We are presently looking into the complaint
and the accusations made. It is not fair to repeat them as we do not know
if they are true or not true. “NorVergence(NorV) is Drastically Reducing Telecommunications Costs
for the Small to Medium Enterprise business. “NorVergence is a
$150,000,000 Business Equipment and Systems Engineering Company with
38 offices Nationwide, over 1,200 employees and Engineers from some
of the top technology firms in the world including: Nortel, Lucent,
Cisco and IBM. The company is Drastically Reducing Telecommunication's
Costs for the Small to Medium sized Enterprise. “The NorVergence
MATRIX Phone System was engineered and designed based on the latest
Next Generation Network Technologies from the Fortune 500 in early 2000.
The company was then founded after a year of NDA Development in 2001
by Peter J. Salzano Chairman and Chief Executive Officer. NorVergence
is headquartered in Newark, New Jersey. Strategic Technology Solutions
Providers include: Nortel Networks, Lucent, Cisco and IBM. The Company
is backed by Private Venture Capitalists.” http://www.norvergence.com/Pages/h_aboutus.htm A complaint was posted
on the internet, and we do not print it, however here is the address
provided to us: http://mirror.lcs.mit.edu/telecom-archives/telecom-archives/TELECOM_Digest_Online/1140.html Here is the web address
for NorVergence with full information about the company and their “partners”
: http://www.norvergence.com/ #3 The rest of the story
regarding the Major Recreational Vehicle dealer finds us through the
Internet with a complaint about a “broker” representing himself as a
“funder,” and not returning
a deposit to a customer. In investigating
this, the “broker” is a member of a leasing association, has completed several
leases with the dealer, has two pending, and the one in question
has been turned down several times, which he states the RV dealer
was aware. We suggested they
contact us if the “advance rental” is not returned to their customer,
and to utilize the National Association of Equipment Leasing Broker web
site to find a broker who would undertake these assignments. We told
this to the broker who said his accountant was out, but he would
send the check right away. Almost thirty days
later, the vendor called and said the applicant still did not have the
check. He said the broker told
him he mailed the check several weeks ago. Leasing News contacted the broker and asked
him to put a stop payment
on the check and issue a new one by one day delivery. The broker said he
would mail a new check. We told him if he did not send by one day delivery
with a fax copy of the express form and check, we would print the
complaint. Fifteen minutes by
fax we received a copy of the express form and check, with the fax addressed
to “San Jose Police Department.” The next day the
vendor called to say the check was received.
I told him if it bounced, we
would ask for a cashier check. The
vendor said he still had two deals pending
with the broker, and hoped they would go through. He said he had no
where else to go with these deals, plus the broker had the advance rentals. #4 An attorney sent
us an e-mail regarding the same person/company mentioned in three,
stating the party was to send a check, but did not. We asked him to document the complaint, and
we would follow-up with it. We advised to do quickly as it appears the “super
broker” is having “cash flow”
problems and reminds us of MSM---where we were able to get
$80,000 back in advance rentals, but when they filed bankruptcy,
owed $1.1 million in advance rentals, according the disclosure
to the courts. #5 Super Broker in Florida “ They refused to
give back the commitment fee on all three deals I had with them and all of them
have sought attorneys to get their money back and the owner ******* is
refusing contact. He approved these deals 2 months ago and always found
reasons not to doc the deals. For the last 30 days, he has been avoiding
the lessees and me.” We asked for specifics
so we could contact the “super broker,” who we have received complaints
about before. None has been received
since the beginning of September.
This will now go into abeyance. #6 Same Super Broker A broker on the West
Coast sent us this e-mail: “You
recently posted that you were working on some complaints regarding a
"South Florida" Broker/Lessor and until you had all
the facts from both sides, but you weren't going to name any names on
the web site. I'd like to ask
you if by any chance is the company you are investigating ***** “ (The answer was “yes.”) “I'm now ready to
issue a complaint regarding ***************
Before I do this officially with you, I wondered what the protocol is. I never got anywhere, and my customer is now at the end of his rope. Excel won't return my calls or emails. Once I complain through YOU, what happens next? I'll
await your reply. It's unfortunate.
I was hoping to avoid this.” (We received about
25 pages by fax from this incident going on since June with a commitment letter
that said the money would returned if there was no approval; but there was a page
of a signed lease contract. It
seemed he had signed a lease contract and one
of the terms of the contract had not been fulfilled.
We asked for a full copy of
the lease contract as it would supercede the commitment letter, and if so, this would
then be a “civil dispute” in our view.
And perhaps that is what happened
to the first three complaints. The
procedure is the commitment letter and then a
signed lease contract. Clever.) AOL
Version 9 Review by Kit Menkin Wow! Two things, if you don’t have a T1 connection
or cable, this will be a very long
download. Two, it is definitely
worth it. The spam reporting
works. The new layout is terrific. The
features are many. And bringing to your attention two free software
downloads is very beneficial. The Spyware---Search and Destroy gets rid of programs
in your registry and elsewhere that you may not
be aware. The Ad-Aware is also
very good. There are a lot of
other features, but let me tell you. AOL on Broadband is fantastic. For some reason,
the mail sometimes freezes, but nothing is lost.
Perhaps there are still a few glitches,
but overall, the “delete spam” feature gives the user a lot of release
of hostilities. In the near future, AOL users will learn if
it really works. Beige Report To Be Issued Today Commonly known as
the Beige Book, this report is published eight times per year. Each
Federal Reserve Bank gathers anecdotal information on current economic
conditions in its District through reports from Bank and Branch directors
and interviews with key business contacts, economists, market experts,
and other sources. The Beige Book summarizes this information by District
and sector. ------------------------------------------------------------------------------------------------ News
Briefs Fed looks likely to keep rates low http://www.usatoday.com/money/economy/fed/2003-10-14-fed_x.htm Intel Third-Quarter
Earnings Double http://www.washingtonpost.com/wp-dyn/articles/A27523-2003Oct15.html Improved Market
and Cost-Cutting Lift Merrill Lynch Profit http://www.nytimes.com/2003/10/15/business/15wall.html Southern California
Hit by Transport, Grocery Strikes http://www.washingtonpost.com/ac2/wp-dyn/A25994-2003Oct14?language=printer Study Says Making
Cars Lighter Would Cost Lives http://www.nytimes.com/2003/10/15/business/15AUTO.html EBay expands fraud
protection for some sellers http://www.signonsandiego.com/news/business/20031014-0933-ebay-fraudprotection.html Potential Seen
in Hawaii-Made Chocolate http://www.washingtonpost.com/wp-dyn/articles/A27677-2003Oct15.html Pizza Hut to serve up slices of healthier pie http://www.usatoday.com/money/industries/food/2003-10-14-pizza_x.htm Sports
Briefs--- Fan Blows It in
Windy City http://media.washingtonpost.com/wp-dyn/images/I27276-2003Oct14 http://www.washingtonpost.com/wp-dyn/articles/A27217-2003Oct14.html http://chicagosports.chicagotribune.com/sports/baseball/cubs/cs-031014cubsgamer.story Yankees Top Red
Sox to Take ALCS Lead http://www.nytimes.com/2003/10/15/sports/baseball/15YANK.html Sapp fined $50,000
by NFL http://www.theredzone.org/news/showarticle.asp?ArticleID=446 Take me out to
the SBC Park? http://www.sfgate.com/chronicle/pictures/2003/10/15/ba-220x245-maysgate.jpg http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2003/10/15/SBC.TMP Six weeks in,
seasons appear lost for Raiders and 49ers http://www.bayarea.com/mld/mercurynews/sports/7009506.htm This
Day in American History 1565-Florida: the French surrendered under
the terms of a truce that guaranteed them amnesty to Pedro Menendez
de Aviles, the Spanish navigator, who had captured the French Huguenot
colony at Fort Caroline, near present-day Jacksonville, FL.
However, after they surrendered, Mendendez hanged them, putting
a sign over the bodies that read: “ I do this not to Frenchmen but to
Lutherans.” In 1568, the fort was recaptured by a Huguenot
corsair, Dominque de Gourges, who took his revenge by killing all his
prisoners. His sing read: “I
do this not to Spaniards...but as to traitors, robbers, and murderers.” 1790 -Ann Teresa Mathews (aka Mother Bernardina)
and Frances Dickinson founded a convent of Discalced Carmelites (a contemplative
working order) in Port Tobacco, Maryland. It was the first Catholic
convent founded in the United States. 1863-The C.S.S. Hunley, the first
successful submarine, sinks during a test run, killing its inventor
and seven crewmembers. Horace Lawson Hunley developed the submarine
from a cylinder boiler. It was operated by a crew of eight--one person
steered while the other seven turned a crank that drove the ship's propeller.
The Hunley could dive, but it required calm seas for safe operations.
It was tested successfully in Alabama's Mobile Bay in the summer of
1863, and Confederate commander General Pierre G.T. Beauregard recognized
that the vessel might be useful to ram Union ships and break the blockade
of Charleston Harbor. The Hunley was placed on a railcar and
shipped to South Carolina. The submarine experienced problems upon its
arrival. During a test run, a crewmember became tangled in part of the
craft's machinery and the craft dove with its hatch open; only two men
survived the accident. The ship was raised and repaired, but it was
difficult to find another crew that was willing to assume the risk of
operating the submarine. Its inventor and namesake stepped forward to
restore confidence in his creation. On October 15, he took the submarine
into Charleston Harbor for another test. In front of a crowd of spectators,
the Hunley slipped below the surface and did not reappear. Horace
Hunley and his entire crew perished. Surprisingly, another willing crew
was assembled and the Hunley went back into the water. On February
17, 1864, the ship headed out of Charleston Harbor and approached the
U.S.S. Housatanic. The Hunley stuck a torpedo into the
Yankee ship and then backed away before the explosion. The Housatanic
sank in shallow water, and the Hunley became the first submarine
to sink a ship in battle. Unfortunately, its first successful mission
was also its last--the Hunley sank before it returned to Charleston,
taking yet another crew down with it. The vessel was raised on August
8, 2000, and will now reside in an exhibit at the Charleston History
Museum. 1878- Edison starts the General Electric
Company: this day he opened the
doors to the Edison Electric Company at 65 Fifth Avenue, New York City.Three
thousand shares with a par value of $100 each were issued for the express
purpose of financing Thomas Alva Edison’s work on the incandescent lamp.
J.P. Morgan and his friends were enthusiastic investors. Though commercial
electric light had eluded inventors for over fifty years, Edison had
vowed that he would create the first incandescent lamp, and as important,
build a plant to support the electricity to run the lights. He quickly made good on his promise. His company
was soon flush with profits, and competitors hoping to cash in on the
burgeoning market were springing up everywhere. Reportedly learning
quickly from his investors, Edison adopted the aggressive tactics of
vertical integration, buying his rivals and transforming his company
into a model modern enterprise, re-christening it : the General Electric
Company. 1892- by Presidential Proclamation 1.8 million
acres of Crow Indian reservation were opened to settlers. The government
had induced the Crow to give up a portion of their land in the mountainous
western area in the state of Montana, for which they received 50 cents
per acre. 1900- Pentecostal evangelist Charles Fox
Parham opened Bethel Bible Institute in Topeka, Kansas. It was here
on January 1, 1901 that the first Christian in modern times was reported
to have spoken in tongues: student Agnes Ozman. 1904- birthday of Marty Mann, American social
activist and author was born at Chicago, IL. She was founder in 1944
of the National Committee for Education on Alcoholism and author of
A New Primer on Alcoholism.
She died at Bridgeport, CT, July 22, 1980. 1909-The first apartment house to occupy
a square city block was the Belnord Apartment House, a 12-story building
in New York City. It was bounded by 86th street on
the south, 87th street on the north. Broadway on the west
and Amsterdam Avenue on the east. At the time, it was the largest apartment
house in the world. Its area was 64,614 square feet with an interior
court of 22,033 square feet. It
contained six separate passenger elevators and 178 suites, each with
7 to 11 rooms and two to four baths. Every room was an outside room.
Annual rentals ranged from $2,100 upwards. Philip Hiss and H. Hobart Weekes were the architects. 1915-Birthday of pianist Nellie Lutcher,
Lake Charles, LA. 1916—Trumpet player
Al Killian Birthday ( trumpet player
with Basie ’40-’44, Ellington ’47-‘50 1918-The leading film studios announce they
will stop releasing films temporarily because of the influenza epidemic.
Many theaters had been closed by cities throughout the country to prevent
the spread of the deadly virus. Two years earlier, New York City had
banned children from theaters in an attempt to halt the spread of polio.
1925-Birthday of guitarist/singer Mickey
Baker ( Mickey & Sylvia), Louisville, KY 1946 - With two outs, and St. Louis Cardinals’
Enos Slaughter on first, Harry Walker hit a line drive to left-center.
Slaughter got an early jump as Boston Red Sox pitcher Bob Klinger failed
to hold him on the bag. Leon Culberson (in center) bobbled Walker’s
single and shortstop Johnny Pesky hesitated on the cutoff (checking
the runner on first instead of throwing home). Ignoring third base coach
Mike Gonzalez, Slaughter rounded third and scored. Pitcher Harry Brecheen
shut down the Red Sox in the ninth and St. Louis won the game, 4-3,
and the World Series, four games to three. The ’46 Series will always
be remembered in Red Sox lore as the one in which “Pesky held the ball.”
1947---Top Hits I Wish I Didn’t Love
You So - Vaughn Monroe Feudin’ and Fightin’
- Dorothy Shay Near You - The Francis
Craig Orchestra (vocal: Bob Lamm) Smoke! Smoke! Smoke!
(That Cigarette) - Tex Williams 1950- the first radio paging service was
instituted in New York City area by Aircall
The first call was for a doctor who was on a golf course 25 miles
away. Subscribers equipped with six-ounce Aircall pocket radio receivers
could hear their call numbers repeated in numerical sequence on the
air at least once per minute within a 30-mile area. 1951- “I Love Lucy” premiers on television..
This enormously popular sitcom, TV’s first smash hit, starred the real-life
husband and wife team of Cuban actor/bandleader Desi Arnaz and talented
redheaded actress/comedienne Lucille Ball. They played Ricky and Lucy
Ricardo, a New York bandleader and his aspiring actress/homemaker wife
who was always scheming to get on stage. Costarring were William Frawley
and Vivian Vance as Fred and Ethel Mertz, the Ricardos’ landlords and
good friends who participated in the escapades and dealt with the consequences
of Lucy’s often well-intentioned plans. Famous actors guest-starred
on the show, including Harpo Marx, Rock Hudson, William Holden, Hedda
Hopper and John Wayne. This was the first sitcom to be filmed live before
a studio audience, and it did extremely well in the ratings both the
first time around and in reruns. The last telecast ran Sept 24, 1961. 1955- “Fury” premiers This popular series
starred Bobby Diamond as Joey Newton, an orphan living on the streets.
He is relocated to a ranch owned by recent widower Jim Newton (Peter
Graves), who eventually adopts Joey. Joey’s friend is a black horse
given to him by Newton, called Fury. Also featured were William Fawcett,
Roger Mobley and Jimmy Baird. In syndication, the series was retiled
“Brave Stallion.” 1955—Top Hits 1959 - Van Johnson was originally slated
to play Eliot Ness, but he backed out in a dispute over money the weekend
before filming was to begin. Robert Stack was hastily recruited for
the starring role in "The Untouchables" on a Sunday morning.
He was fitted for costumes in the afternoon, and started filming the
first episode, "The Empty Chair", on Monday morning. "The
Untouchables", with the chatter of machine-gun fire and the squeal
of tires on the streets of Chicago, began a four-year run this day on
ABC-TV. With Stack, as G-man Ness, were Nick Georgiade (as Enrico Rossi),
Jerry Paris (as Martin Flaherty), Abel Fernandez (as William Youngfellow),
Anthony George (as Cam Allison), Paul Percerni (as Lee Hobson), Steve
London (as Agent Rossman) and Bruce Gordon (as Frank Nitti). The unforgettable
narrator was radio’s famous Walter Winchell. http://www.tvparty.com/untouch.html http://www.tvtome.com/tvtome/servlet/ShowMainServlet/showid-674/ 1963---Top Hits Sugar Shack - Jimmy
Gilmer & The Fireballs Be My Baby - The
Ronettes Cry Baby - Garnet
Mimms & The Enchanters Talk Back Trembling
Lips - Ernest Ashworth 1964 - For St. Louis, it was the first time a Cardinal team had appeared
in the World Series since 1946 (see above), and the first of three Series
appearances in the 1960s. For the Yankees, it was their last Series
appearance for 12 years, and the last hurrah in a long string of Fall
Classics for legendary players Whitey Ford and Mickey Mantle. The Cards
won the Series in seven games, with Bob Gibson’s complete game, nine
strike-out performance in game seven. Lou Brock’s fifth-inning home
run triggered a second 3-run inning and a 6-0 lead for Gibson. Mickey
Mantle, Clete Boyer, and Phil Linz homered for New York, but it wasn’t
enough. The Cards won the game, 7-5, and the series, four games to three. 1966-A bill creating the Department of Transportation,
the 12th Cabinet department , was signed by President Lyndon
B. Johnson. 1966- Bill Russell made his debut as the
first black coach in the NBA as his Boston Celtics defeated the San
Francisco Warriors, 121-113, at Boston Garden.
Russell served as the Celtics’ player-coach for three seasons
and won two NBA tittles. 1971 - Rick Nelson was booed off the stage
when he didn’t stick to all oldies at the seventh Annual Rock ’n’ Roll
Revival show at Madison Square Garden, New York. He tried to slip in
some of his new material and the crowd did not approve. The negative
reaction to his performance inspired Nelson to write his last top-40
hit, "Garden Party", which hit the top-ten about a year after
the Madison Square Garden debacle. "Garden Party", ironically,
was Nelson’s biggest hit in years, “...If you gotta play at garden parties,
I wish you a lotta luck; But if memories were all I sang, I rather drive
a truck.” 1971---Top Hits Maggie Mae/Reason
to Believe - Rod Stewart Superstar - Carpenters Yo-Yo - The Osmonds How Can I Unlove
You - Lynn Anderson 1968-Wyomia Tyus becomes the first person
to win a gold medal in the 100 meter race in two consecutive Olympiads. 1972- Jackie Robinson threw out the ceremonial
first pitch at the second game of the World Series
commemorating the twenty-fifth anniversary of his becoming the first
African-American to play in modern Major League Baseball. (Blacks played with white
baseball players after the Civil War, during reconstruction.) http://memory.loc.gov/ammem/today/oct15.html 1973 - “Sweet dreams.” Tom Snyder would use
this phrase to close his late-night show, "Tomorrow", which
debuted on NBC-TV this night. Tom would yuk it up with some of TV’s
most interesting chatter -- right after the "Tonight" show.
NBC would later add critic Rona Barrett to the show. "Tomorrow"
ran until January of 1982. 1974-
Watergate trial begins. The eyes of the world were
focused on the United States as the trial of H.R. Haldeman, John Erlichman,
John Mitchell, Robert Mardian, and Kenneth Parkinson began. Nixon had
resigned, and the Watergate co-conspirators had to answer to the court
for their alleged involvement in the break-in and cover-up. The trial
lasted until January 1, 1975. The defendants were
sentenced in February 1975. http://www.il.proquest.com/research/pd-product-Watergate-Trial-414.shtml 1977- Debbie Boone's "You Light Up My
Life," goes #1 & stays #1 for 10 weeks. 1979---Top Hits Don’t Stop ’Til You
Get Enough - Michael Jackson Rise - Herb Alpert Sail On - Commodores Last Cheater’s Waltz
- T.G. Sheppard 1986-Trailing 3-0, Ray Knight of the New
York Mets keyed a three-run rally in the ninth inning to tie the score
in the sixth game of the National League Championship Series against
the Houston Astros. The Mets won the game, 7-6, in 16 innings, to win
the longest postseason game ever and the series as well (4 hours and
42 minutes) in the sixteen innings
at the Astrodome. 1986- After being down three games to one
in the ALCS, the Red Sox pull off one the greatest comebacks in playoff
history by defeating the California Angels 8-1 to win the American League
pennant. 1987—Top Hits 1987-The National Football League Players
Association ordered its members to return to work without a contract,
effectively ending a 24-day strike against the NFL. The players reported
after the owners’ deadline and were told they would not play or be paid
for the upcoming Sunday’s game. 1988 - "Red Red Wine", by UB40,
was the first reggae hit to make it to number one in the U.S. From the
album "Labour of Love", "Red Red Wine" was #1 for
only one week, but turned out to be UB40’s signature song. 1988-Kirk Gibson hit a two-run, pinch-hit
home run with two out n the bottom of the ninth inning to give the Los
Angeles Dodgers a 5-4 win over the Oakland A's in the first game of
the world Series. Gibson, hampered by a strained left knee, hobled around
the bases pumping his arm in jubilation. The Dodgers won the Series,
four games to one. 1989- Wayne Gretsky passes Gordie Howes as
NHL's all time top scorer 1991-After three days of Senate Judiciary
Committee hearings on charges of sexual harassment made against Judge
Clarence Thomas by a former aide, Anita F. Hill, the Senate confirmed
Thomas as the 106th US Supreme Court Justice with a 52-48
vote. The vote was the closed
for a 20th-century justice and made Thomas, who would replace
retired Justice Thurgood Marshall, the second African American to sit
on the Supreme Court. 1993—Top Hits Dreamlover- Mariah
Carey Right Here (Human
Nature)/Downtown- SWV The River Of Dreams,
Billy Joel Whoomp! (There It
Is)- Tag Team 1998-Top Hits One Week- Barenaked
Ladies The First Night-
Monica I Don t Want To Miss
A Thing- Aerosmith How Deep Is Your
Love- Dru Hill Featuring Redman World Series Champions This Date 1917 Chicago White Sox 1923 New York Yankees 1925 Pittsburgh Pirates 1946 St. Louis Cardinals 1964 St. Louis Cardinals 1970 Baltimore Orioles ---------------------------------------------------------------------------------
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