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Debbie Monosson of Boston Financial & Equity is
still
celebrating Boston's Win over the "D" Yankees.
Hooray for Debbie, a real fan, and let's hear
it for the Red Sox in the World Series!
|
About the Company: Lease Corporation of America is a well established, 16 year old, national equipment leasing company. |
Thursday,
October 21,2004
Headlines---
Classified-Leasing
Industry Attorneys
Pictures
from the Past---Peter Eaton Goes to Monterey
Van
Etten Hitting Home Runs at SilverMark Capital
The
History of UAEL---Part III
EDS/Vodafone
Introduce Global BlackBerry Service
GATX
Elects Brian Kenney as President of GATX
Phil
Smith Lakeland Bank’s Equip. Leasing Div. VP
Pacific
Capital Bank Equipment Leasing Division
Collection
Problems, Solutions at ELA Convention
McCue
Systems Welcomes National City Commercial Capital
CIT
Captures Top SBA Volume Lender Ranking 5th Year
CIT
Announces Quarterly Dividend 3rd Quarter
Baseball
Poem –The Curse of the Bambino
######## surrounding the article denotes it is a “press
release”
(The
above is a quote from his partner Mark McQuitty, when asked
if he thought Jim Raeder would ever reveal the culprit
who set him up with the New York Times and sent
defaming e-mails about their company to their funding
sources. Jim, if you have any complaints, see your
witty partner.
(A special thanks to Patrick Byrne of Balboa Capital
for being such a good sport in this running gag.
Under Mr. Byrne’s leadership
at Balboa, the positive changes
he has made at his company, including bringing back a sense
of humor, plus making serious changes, such as giving a
key position to Curt Lynse--- business has increased
over 25% and morale has never been higher. Thank
you again, Pat, for you good sense of humor. Odds are 1-to-10
business will continue to improve under your
company’s new leadership. Look out Marlin Leasing! editor)
-------------------------------------------------------------------------------
Classified-Leasing
Industry Attorneys
In an effort to increase
the number of attorneys who specialize
in equipment leasing,
Leasing News is removing the requirement
of belonging to a
leasing association.
In order to serve
the many readers who are seeking representation or small to medium size
lessors looking for geographic representation, we will now accept those
firms who qualify for specializing in equipment leasing.
Here are present
law firms for readers to contact:
California - statewide:
CA "ELA"
5-attorney creditors rights law firm, in biz 25 yrs +, specialize all aspects of creditor representation. Primarily represent equipment lessors & funders, plus collection and creditor rep. in bankruptcy.
Email: phemar@hemar.com
Website: www.hemar.com
California - statewide:
Encino, CA. "ELA"
24 Attorney AV-rated Law firm representing the Leasing Industry for over 25 Years. We specialize in Lease-enforcement, collection and representation in Bankruptcy Court.
Email: sjenkins@hemar-rousso.com
Website: www.hemar-rousso.com
Connecticut, Southern New England:
EVANS, FELDMAN & BOYER, LLC Collections, litigation, documentation, portfolio sales and financing, bankruptcy. We represent many of the national and local leasing companies doing business in this state. Past chairman EAEL legal committee. Competitive rates.
Email: rcfeldman@snet.net
EAEL
Law Firm - Service,
Dallas, TX. ELA
Mayer regularly practices
in leasing, secured financing, project development and finance and corporate
finance.
Email: dmayer@pattonboggs.com
Website: www.pattonboggs.com
Los Angeles, Statewide: CA. "ELA"
Aggressive creditors rights law firm specializing in equipment leasing handling collection matters on a contingency, fixed fee or hourly basis.
Email:
RGarwacki@prodigy.net
Los Angeles -statewide:
CA "ELA "
Practice limited to collections, bankruptcy and problem accounts resolution. Decades of experience. 10-lawyer firm dedicated to serving you. Call
Ronald Cohn, Esq.
(818)591-2121 or email.
Email: rrcohn@aol.com
National:
Full staff of attorneys and legal assistants work with Group Leader Barry S. Marks to ensure prompt, cost-effective responses to client needs:
Email: poetbarry@aol.com
Website: www.leaselawyer.com
National:
Coston & Lichtman:
Business attorneys serving the lease-finance industry since 1980. Transactional,
documentation, corporate; workouts, litigation, bankruptcy. Chicago
& Florida offices. Jim Coston, CLP (Members: ELA/UAEL/MAEL)
Email: Jcoston@costonlaw.com
Website: www.leaselawyer.com
Northern California - Statewide: CA "EAEL" "ELA"
San Francisco expertise at Marin County prices; practice limited to equipment leasing and finance with 22 years experience, testimonials.
Ken Greene, Esq.
Vox: 415 461 3777
Email: keng@kengreenelaw.com
Website: www.kengreenelaw.com
If you are interested
in posting a “free” listing,
please go here to place your information:
http://64.125.68.90/LeasingNews/PostingFormAttorney.htm
---------------------------------------------------------------------------
Pictures
from the Past---Peter Eaton Goes to Monterey
1991- "Peter
Eaton, CLP, First National Leasing Palo Alto, California, took his role
as Chairman of the Western Association of Equipment Lessor’s Crystal
Anniversary Conference in Monterey, California, to heart.
He is shown above catching a few waves—still sporting a tuxedo
jacket and bow tie.”
“Don’t get lost in
the New World of Leasing”
May 12-15,1994, Hyatt Regency, Monterey, California
No picture would
be complete with Peter on his motorcycle.
Missing from our collection, Peter as the horseman
(his
and his new love, golf. If you have one, send it and we will
print it, especially
|
Your One stop solution for training and reference material for the Leasing Professional
|
------------------------------------------------------------------------
Van
Etten Hitting Home Runs at SilverMark Capital
Pictures
from the Past
Featured
on Leasing News: 6/05/2003
---1997---
Fred Van Etten
http://two.leasingnews.org/imanges_uael_wael/Fred_Van_Etten.jpg
“The
man” in Houston, Texas. He recently
left Redstone Bank. News at Eleven.
The
group at First Sierra/Sierra Cities considered him the “best boss”
and
was very popular, according to his peers such as Charlie Lester, Mark
McQuitty, and whatever happened, Van Etten was well respected by
all
sides.
February
6,2002 about Mr. Van Etten:
http://www.leasingnews.org/Conscious-Top%20Stories/whateverFred.htm
Fred Van Etten, CEO
of SilverMark Capital, says they are doing very well in the small ticket
market, particularly in the short amount
He also says SilverMark
Capital, a division of Sterling Bank of Houston, Texas, will continue
to grow its lease portfolio by acquiring equipment leasing and loan
contracts through the end of the year.
“The leasing acquisition
program is designed to help address the capital and liquidity needs
of independent leasing companies, bank leasing operations, captive leasing
programs, and established lessors serving the small-ticket leasing market,
Van Etten said. “In addition, Rick
Anderson is doing a great job in acquiring leasing portfolio’s.”
Andersen, Chief Operating
Officer of SilverMark Capital, said that the division has closed a number
of acquisitions and is in various stages of completing several more.
“We are pleased to
see that interest in the program has been significant,” he added, wanting
leasing news to mention if
About SilverMark
Capital
SilverMark Capital is a division of Sterling Bank, which was named to FORTUNE Magazine's 2004 List of the 100 Best Companies to Work For in America. With assets of more than $3 billion, Sterling Bank operates 37 offices in Houston, Dallas, and San Antonio. The bank’s holding company is Sterling Bancshares, which trades its common stock through the NASDAQ National Market System under the symbol SBIB. For more information about SilverMark Capital and Sterling Bank,
please visit
___________________________________________________
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About the Company: Lease Corporation of America is a well established, 16 year old, national equipment leasing company. |
--------------------------------------------------------------------------
The
History of UAEL---Part III
by
Kit Menkin
|
Introducing |
 Dr. Raymond M. Williams, CAE |
ransitions
'93 
on
C. Bednerik, CAE, WAEL's executive vice president for the past four
years, packed up his sloop, "Persuasion," recently and sailed toward
the sunny Caribbean. Well, something like that. Actually, he moved to
another position as executive director of the Florida Pool & Spa Association,
headquarters in Sarasota, Florida.
Before Bednerik came aboard WAEL, the association had been run by MAS, a multi-association management form headed by Art Schwartz. In 1988, the WAEL Management Selection Task Force recommended Bednerick, a 20 year association executive for the job. Chosen form a filed of more than 400 candidates, he assumes his post on December 5, 1988, and left December 31, 1992.
According to WEAL President Gordon Roberts, "Jon was deeply committed to WAEL and contributed significantly to our growth as a mature, independent organization. We told Jon that we wanted to be member-driven, and he helped us learn how to do that, while also providing us with a strong, professional staff."
Last month, another extensive, national search was conducted by the 1998 WAEL Executive Committee, and Dr. Raymond M. Williams, CEA, was selected to replace Bednerik as WEAL's new executive vice president. He joined the WAEL staff in Oakland on January 4, 1993.
According to 1992 WAEL President Hal T. Horowitz,, CLP, "Ray's is a highly qualified association professional with a solid experience and excellent credentials. Ray's experience in chapter operation and trade show and convention planning will serve our organization well as we continue to grow nationally."
Williams, 50, brings 10 years of association management experience to WAEL, plus and additional five years' sales and marketing management experience in the private sector. He received his doctorate in education form Claremont Graduate School in 1979, having already received his master's in educational administration for California State University, Long Beach in 1972. Williams also holds a bachelor's in English/rhetoric. In short, he is smart guy. But he also has a sense of humor and laughs easily. When asked about a meaning of life he replied, "it's true, life is difficult, but it gets a lot easier if you don't take yourself too seriously."
Williams describes himself as "a people person who can get things done." And the proof, as they say, is in the pudding. He's authored several books on topics such as sales fundamentals, financial management, merchandising, credit and collection, management, and general business principles. While holding such positions as director of marketing and education for the National Association of Music Merchants (NAMM) and as executive vice president of the Associated Builders & Contractors, Inc. (ABC), he handled staff administration, sales, promotion, fund-raising, budget control, membership, recruitment and retention, government relations, group insurance, and record maintenance.
A Certified Association Executive (CAE), he also holds an ASAE Association Management Certificate from American Society of Association Executives, a Blanchard Management/Leadership Certificate, a Dale Carnegie Sales Management Certificate, and several teaching and education credentials.
In fact, a good deal of his career has focused on education. When asked what motivated him to move from education to association management (he was assistant high school principal of Los Angeles city school in the early seventies), Williams replied, "I still consider education an important part of my job. I don't think education necessarily has to happen in a classroom. Education is usually one of the mail reasons a person is to network and the two really go hand in hand. When you meet someone at a WAEL workshop or seminar, you have an opportunity to learn something form your presenters. You also have the opportunity to start conversations with people enrolled in the workshop. you might learn more from them than you do the presenter. Or, you might even close a deal."
His goal for '93?
"I'll be involved in making sure the Certified Lease Professional (CLP) program becomes an even more attractive certification, and I hope to encourage more people to take advantage of it. I am fortunate to have inherited a highly professional staff and a well-run office. My predecessor did an excellent job helping WEAL put itself 'on the map,' so to speak along the same path."
Regarding his style of management, Williams replied, " I try to encourage a participate rather than dictatorial workplace. Basically, nobody is more important that anybody else. With such a small office, we all need to help each other. We can't afford specialists--people who just do one thing.' In addition to Williams, the WEAL staff includes Sharon Ortiz, director of administration, Julie McLean Knight, ABC, director of publications, and Estarlita B. Green, administrative assistant.
So, what does he think of WAEL so far? "I am very encourage by the talent and support of my staff because it will be through them and our volunteers that WAEL's goals are reached. And, I've never seen such an enthusiastic and well-educated membership. WEAL members and its leadership are extremely proactive in meeting the challenges of the future. WAEL members generally want to give back something to their industry. My position as executive vice president is to help members nurture their industry grows and prospers right along with WAEL membership."
WAEL membership, unfortunately, dipped slightly in '92, along with the economy. How will Williams address membership recruitment and retention?
"The key to membership growth is to retain current members. If you can retain 90-95 percent of your members, you are going to grow. It's not just the leaderships volunteers who have to be committed to WAEL. Each member has to support WAEL and help it become more responsive to their own needs. I'll be encouraging their continuing support. They have to realize that joining WAEL not only helps them and their business, but it also helps them and their business, but it also helps the whole industry. The stronger we are in membership, the stronger our voice will be on legislative matters. WAEL is a home for small-to-medium-ticket equipment leasing professionals. I also plan to send hand written thank-yous to those folks who have rejoined. I want to remind members that this is their association. If we aren't meetings members' needs, then we aren't meeting members needs, then we aren't doing our job, and they need to let us know."
As far as membership recruitment goes, "That's really something every member can do. People listen to their competitors and their peers when it comes to joining a professional association. What I can do is help the WAEL leadership to develop an overall marketing plan and make sure the Association stays on curse."
WAEL's national growth is another thing Williams is looking forward to. "I'm very encouraged be the direction of the WAEL leadership is expanding to different regions in the U.S. I believe WAEL membership is a product that will be bought by leasing professionals from New York to Sacramento. I also feel good about the production of the CLP Home Study Course. It provides a great opportunity for many more leasing professionals to achieve the CLP designation."
His long-term goals?
Williams
concluded, "I look forward to a long and fulfilling career working with
commercial finance and equipment leasing professionals and helping to
established WAEL as one of the most prestigious and best trade associations
in the industry."
The 1995 Western
Association of Equipment Leasing Staff: (back row, left to right) Raymond
Williams, Ph.D.,CAE, 1995 President Jim Merrilees, Sharon Ortiz; Front
row, left to right) Estarlita Green, James Geluz, Loretta Lowe.
“1995 brings numerous
changes to the WAEL Staff. Executive VP Ray Williams, PH.D., CAE, has
earned a re-certification from the American Society of Association Executives.
Congratulations are
in order for Sharon Ortiz. She was recently promoted to VP of Operations.
This new positions puts her in charge of the day-to-day activities of
the office. Formerly Director of Administration, she has been with WAEL
for nearly five years.
“Additional congratulations
go to Loretta Law, WAEL's Meeting Planner. She earned her Certified
Meeting Planner (CMP), which is administered by Convention Liaison Counsel.
WAELOPOLY: Ken Greene
to the Rescue
“ I am not certain where Barry Dubin was involved though I recall
that he was, perhaps as a Board member at the time.
“I remember receiving a frantic phone call from Ray Williams.
He had been contacted by counsel for Parker Brothers, which makes
Monopoly. The company had somehow
obtained a copy of Waelopoly. Ray had created
the board game as a conference souvenir, in connection with the
conference theme.
Ray had made all kinds of plans. I think that Jim Lahti was going
to be Mr. MoneyBags, if I remember
the name of the principal character correctly, and the conference was
essentially based on the game theme.
“Parker Brothers
was not happy with us. They contended
that WAEL was infringing on their copyright, and threatened to
bring suit in federal court back east, seeking an injunction and treble
damages for copyright and trademark infringement, and attorneys' fees.
“I contacted their
counsel, who demanded that we stop
distribution of the game, and anything else with relating to
it, and that we change the theme of the conference.
“We settled. We agreed
to stop production and/or distribution of the board game and to send
all outstanding copies to be destroyed by the company.
“We agreed not to
use any characters. I think in the end Parker Brothers agreed we could use the game as the conference theme,
but could not directly use any characters names or likenesses. No money
changed hands. They did not get their $200, as we did not pass go. At
least we did not go directly to jail.
I don't recall exactly how this played out, as it was
some time ago, and I am undoubtedly getting senile.
“If any has a different
recollection, I would love to hear from them, as it was quite and adventure.”
Ken Greene
Law Offices of Kenneth C. Greene
938 B Street
San Rafael, CA 94901
---
“Hi Kit, Great to
hear from you! To attempt clarification. Barry Dubin was on the Board
at the time. As such, he was the appropriate person to sanction the
"Waelopoly" theme.
“ Actually, at the
beginning, Barry was very involved, spending a full Saturday w/ the
WAEL staff helping to assemble several thousand packages.
“ It was later when
we received the ‘cease and desist’ order that Ken generously agreed
to help ( pro bono) and eventually saved our
bacon. Ken is very accurate in his recollections, except on one
point- it was the Hasbro Co. which was up in arms.
“As an aside, I'd
like to say that Ken was typically unselfish w/ his time and efforts.
Without his expertise, WAEL definitely would've experienced a significant
loss.
“Once again, thank
you, Master Greene, for help above and beyond the call of duty in a
most noble and memorable adventure!”
Whoelsebut,
Ray
Tallest person, Ken Greene, Esq-Ken Green and Associations, 2000 United Association of Equipment Leasing (UAEL) Spring Conference Chairman---In front of him, left to right:
Alan Collier, TotalFunding.com, Trish Williams and UAEL Executive Vice-President
Dr. Ray Williams.
What followed were
years of growth, including the expansion
of the organization
into a national effort, growing to equal
representation on
both the East and West Coast, strong
regional representation
and involvement, actually changing
the name and creating
a logo to become the United Association
of Equipment Leasing. They key thrust was education, as evidenced
by the March/April
1996 UAEL Newsline (edited both
for
space, but also CLP
functions, once under this committee,
grew to becoming
independent supported by other leasing
associations: www.clpfoundation.org )
(((((((((((((
“Just over three
years ago, the Education Committee seemed to have ceased activity. Now,
under the leadership of Chair Robert Teichman, CLP, it’s become a healthy,
dynamic force for the association. For Teichman, providing lease education
has become …”
March/April 1996 UAEL Newsline
The Heart of the
Matter
UAEL was formed with a very clear purpose. The Association pledges
to "provide and promote programs which enhance business opportunities" for
its members. And at the heart of this pledge is the Education Committee.
"The Association
exists to provide education," Robert Teichman,
CLP, Education Committee Chair, said.
Off-Again, On-Again
But the Education Committee's
activity wasn't always so well-defined. Indeed, as recently
as 1993, the Education Committee had no activity at
all. "The committee pretty much dissolved in 1993," Teichman, Senior VP, Belvedere
Equipment Finance Corporation, recalled.
With Teichman's appointment, however,
the Education Committee enjoyed a revival. Teichman performed this resuscitation
by providing the committee with a direction. "The Education
Committee functions as a clearinghouse for ideas, taking suggestions from our members
and turning them into programs,"
Teichman explained, detailing his organizational operation. In addition,
the committee became responsible for administering the CLP program,
following a directive from the Board of Directors.
Creating a Higher Standard
This new-found direction has translated into high levels
of energy and success for the association's
educational body. Having developed
programs gathered by the "clearinghouse of ideas," the Education Committee
can offer UAEL's regions any of 21 different programs. Teichman
points out that the programs
fall into three distinct categories.
At the end of 1994, there were 34 CLP designates, representing the 10 years the pro-gram had existed. Since then, that number has grown to 52, adding 18 new designates in just over a year. "The certification program is something I'm particularly proud of, "
Teichman beamed.
In addition, the committee published
The Leasing Professionals' Handbook,
a comprehensive text detailing
leasing practice.
Looking to the future,
he sees the Education Committee staying at the forefront of UAEL activity.
Not only has education become a primary function of the association, it also plays a major role in improving the industry itself. "The
committee will play an important role as long as there is a need for continuing education and certification."
---
Perhaps explaining
the change from WAEL to UAEL is best from this
written by then President
Jim Merrilees in the Summer, 1995 UAEL
Newsline:
Setting the Course
Our 20th year has brought a number of changes
- a name change, growing membership diversity increased activity. But many have wondered how this changes UAEL's direction.
UAEL President Jim Merrilees shows us the way.
By now, you have no doubt heard about our name change from WAEL, which had stood for Western Association of Equipment Lessors, to UAEL, the United Association of Equipment Leasing. By just looking at the two names, it's readily apparent that UAEL better represents our members. We have nationwide membership, not just "western." Our members include brokers, lessors, funders, and suppliers. I believe that, in our 20th year, it is no accident that our members gave us the approval to address such an important issue - an issue that has been discussed for a long time. But, having approved the new name, many members have had questions: "What is the meaning of this change? Does this change the direction of the association?" In this column, I want to relate to you my thoughts, in addition to the Board of Directors ideas, on our name change and what effect it has, if any, on the direction of UAEL. These thoughts will be expressed in more detail in the Fall Edition
of Newsline
The most evident sign of change is the
Board's approval of the Task Force's recomendation
to give full membership rights to what were our "Associate Members."
The category; now called Services Members,
will allow every UAEL member
to participate with votes. Final approval
of this proposal will be determined by the members at the Annual Conference.
Much of your association's
energy will he spent on going further in the
direction we have al-ready set. I believe we must up-hold the tradition
of providing members with valuable educational
resources at various levels. We
will expand seminars for every member. Programs will be offered
that "keep things interesting" for our experienced members. Conversely; we will offer entry-level leasing skills presentations for our members who just entered
the industry. By offering this
variety; we can embrace new members from all over the country But, in order to achieve this, our regions must remain active and strong.
Several years ago,
the Board of Directors faced a tough decision: should we let the regions
take on more responsibility or not? As with any decision, the hoard was split: sonic were for "decentralizing" and letting
the regions have more control; others were for asserting more
"centralized" control.
Decentralizing won out. And it looks
like we made the right decision.
Today; the regions have proven to he the foundation of strength
of our association, with superb assistance from the UAEL
staff. This focus on regional activity-
has set our course - our direction - for the future.
So far, going in
this direction has paid off. Our staff is second-to-none. We have more regions,
regional meetings, and quality local events than ever before. Our membership
is the most diverse it has ever been. Our conferences are highly regarded
by the leasing industry. Leadership - your Board of Directors - is energetic,
vocal, and truly caring. An exciting sign of the times is younger members
asking me how they can get involved. After reading these signs, I feel truly optimistic about our direction together as
leasing professionals.
Jim Merrilees
October 3,2000, Leasing
News:
" Whoelse, but...is
Gone"
“Raymond M. Williams,
Ph.D. CAE, president of the Northern California Chapter of the American
Society of Association Executives, and for eight years executive vice-president
of UAEL, was terminated by the Board of Directors of the United Association
of Equipment Leasing. He was reportedly asked to resign, but took the
matter to the full board. He thought he had the votes, but did not.
“Previous presidents
were not surprised, but did not want to go on the record although they
did tell me about their term, off the record, and current issues may
concern the costs of two conferences this year, alleged lack of control,
no membership 2000 directory, and a host of issues that now may be considered
innuendo. Dr. Williams did serve for almost eight years, following Jon
Bednerik, CAE. He was very popular among the membership.
“There is speculation
on Dr. Williams' replacement, but with Joan Dalton and Cindy Sprudle
in place, it is perceived management appears to be well under control.
It may be ironic to some that Dr. Williams hired Cindy Spurdle, former
National Association of Equipment Leasing Broker Executive Director,
and she now is "temporarily" helping direct the organization
along with Joan Dalton. Estarlita Green, administrative assistant for
eleven years, left the association last month to continue her gift basket
business, she told me. Stay tuned, as there will be more changes here.”
“The departure came
hot and heavy:
“from Hal T. Horowitz,
Past President:
“It seems to me that
somewhere back around 1989 or 1990 WAEL put
together a long-overdue
strategic planning session. This was chaired by past president Bob Jacobson
and among its committee members were Bill Grohe, Jim Swander, myself
and with apologies to those whom I cannot remember, a handful of others.
There were several meetings of this committee which ultimately presented
a wide range of recommendations to the Board for long term growth of
the Association, among which included becoming a national
“I believe Ray was
hired in 1993. It was, if I recall correctly, at the 1991 planning meeting,
when I was vice president under Bill Grohe, that we were kicking around
name changes (one of the suggested of which was World Association of
Finance and Leasing (WAFL) or something like that). Obviously, that
one was rejected.
“You can check with
Bill Grohe, Gordon Roberts and a few others, but I'm relatively sure
you will find that the ultimate decision to become a
“Bob Rodi's comment
that Ray Williams wanted to be Mike Fleming when he grew up is inappropriate.
The Ray I and others were involved in hiring was charged with providing
an administration, not a leadership. During the time I knew him, be
became passionate about the Association and the friendships he made
and only wanted to see it prosper and do well. Whatever Ray's "concept
for growth" may have led to, the "misdirected and ineffective"
leadership was ours, not his. Ray was an employee, not a leasing professional
and he always admitted that, at least when I knew him and was involved.”
Hal T. Horowitz
Past President”
In the end, a settlement
was made with one of the conditions
by the board to not
reveal the terms of the “golden parachute.”
Dr. Williams accepted
the departure gracefully. The membership
did not. There is no doubt he was extremely popular with
the membership, traveling
to many regional meetings, always
available for a problem
from a member, and if he had one
problem, to quote
him directly,“ too much on my plate.”
His main fault: He
was a workaholic. He always tried to please everybody.
Ray, as president
of the Northern California Chapter of the American Society of Association
Executives reportedly found employment quite easily, and wished the
best to his friends:
“I am very proud
of what was accomplished at WAEL/UAEL during my tenure. Enhancement
of publications, the CLP handbook, the CLP academy, national expansion,
jointly sponsored conferences and the regional funding symposiums: these
were all accomplished by a visionary leadership -- the best that I have
ever had the privilege of working for and with.
“WAEL/UAEL's leaders
were some of the best minds in the industry. Most of these people are
still there and they still have the best interests of the industry at
heart. Because of them, UAEL. will survive and prosper.
“Thank you for the
opportunity to give credit where it is surely due. “
Whoelsebut,
Ray
Tomorrow----Part IV
------------------------------------------------------------------------
EDS
and Vodafone Introduce Global BlackBerry Service
Bank Technology News
EDS and Vodafone
announced a large-scale global deployment of a mobility service with
the launch of a managed BlackBerry service for ABN Amro Bank of the
Netherlands. EDS says such a global deployment is unprecedented. The
service connects individuals for “anytime anywhere” communications.
It provides access to email, calendars, contacts, task lists, corporate
intranet and the Internet. The solution allows workers to take advantage
of downtime and have more control over how they work, EDS says. In the
ABN Amro pilot, employees worked via their wireless devices an average
of 48 minutes each working day and 40 minutes on weekends.
### Press Release
########################
GATX Board of Directors Elects Brian Kenney as
President
of GATX Corporation
CHICAGO----GATX Corporation announced that its Board of Directors has elected Brian A. Kenney as president of GATX Corporation. Mr. Kenney was also elected to the GATX
Board of Directors.
Mr. Kenney, 45 years old, was most recently the chief financial officer
and a senior vice president of GATX Corporation.
The Board also announced
that it expects that Mr. Kenney will be appointed chief executive officer
of GATX Corporation in conjunction with the Company's annual shareholders
meeting in April, 2005.
Ronald H. Zech, 61
years old, will continue as chief executive officer until that time
and will continue as chairman of the board until his planned retirement
in October, 2005.
Mr. Zech stated,
"The election of Brian Kenney as president reflects the board's
commitment to ensuring a smooth and effective management succession
at GATX. The board reviews succession plans and alternatives on an ongoing
basis, and Brian's appointment is the result of this thorough process.
Since joining the company in 1995, Brian has distinguished himself as
a strong leader in all aspects of our operations. He couples financial
expertise with a deep understanding of our core businesses, strategic
initiatives, opportunities and challenges. Brian was integral to our
success in managing through the recent economic downturn, and the strategic
clarity and decisiveness that he displayed during that period will continue
to serve GATX shareholders well as he assumes this leadership role."
Mr. Kenney will retain
responsibility for financial functions for an interim period until his
successor as chief financial officer is selected.
Mr. Kenney joined GATX Corporation in 1995 as Treasurer, was promoted to vice president of finance in 1998, to chief financial officer in 1999, and to senior vice president in 2002. Prior to joining GATX, Mr. Kenney was a managing director, corporate finance and banking with AMR Corporation, which he joined in 1990. Prior to that, he held management positions with United Airlines and Morton International, Inc. Mr. Kenney received his BBA from the University of Notre Dame in 1981, and his MBA in finance from the University of Michigan
in 1983.
COMPANY DESCRIPTION
GATX Corporation
(NYSE:GMT) is a specialized finance and leasing company combining asset
knowledge and services, structuring expertise, partnering, and capital
to provide business solutions to customers and partners worldwide. GATX
specializes in railcar, locomotive, and aircraft operating leasing.
Investor, corporate,
financial, historical financial, photographic and news release information
may be found at www.gatx.com.
### Press Release
#######################
Phil Smith to join Lakeland Bank’s Equipment
Leasing
Division as Vice President.
On
Monday October 25th, Phil Smith will join the staff of Lakeland Bank’s
Equipment Leasing Division. Phil will be a Vice President and involved
in the general management of the division including credit, operations,
and third-party relations.
Phil
brings with him over thirty years experience in the leasing industry.
He has an extensive background in credit, collections, documentation,
operations and sales. Mr. Smith’s work history encompasses many years
in banking in the third-party side of the business as well as many years
in the direct side of the business working for various leasing companies.
Phil
understands both collateral and non-collateralized financial statement
transactions and has extensive experience in ‘application-only’ business
as well. He will continue our commitment to provide fast and consistent
service, competitive pricing and flexibility in structuring programs
to meet the needs of our account base.
Please join me in
welcoming Phil to our organization.
Steve Schachtel
President
Stephen Schachtel
President, Lakeland
Bank Equipment Leasing Division
Mr. Schachtel joined
Lakeland Bank in April 2000 as President, Lakeland Bank Equipment Leasing
Division. Previously, Steve was the founder and President of NIA Leasing
Co., a nationwide equipment leasing company.
#### Press Release
#######################
Santa
Barbara Bank & Trust
Equipment
Leasing Division
Announces
New Brand Name
(Kit - Please see
attached Press Release. I want to reiterate that this
is merely a name change to reflect our national bank charter of Pacific
Capital Bank, our holding company name of Pacific Capital Bancorp, and
our national presence. We are the same great people, the same
great Bank. Call with questions.
Best regards, Paul
Paul Menzel, CLP
)
Santa Barbara, Calif., -- Santa Barbara Bank & Trust has announced that it will change the brand name of its Equipment Leasing Division later this month. “Santa Barbara Bank & Trust Equipment Leasing Division” will become “Pacific Capital Bank Equipment
Leasing Division.”
“We made the decision to re-brand this business in recognition of its growing presence outside our traditional Western U.S. markets,” said Paul Menzel, Senior Vice President.
“This business serves
customers throughout the United States. We believe that moving this
business under our Pacific Capital Bank brand better positions the more
widely recognized strengths of our parent corporation and best positions
this business for continued growth in the national markets.”
“Aside from the new
brand, nothing else will change,” said Menzel.
“As our advertising states, our leasing customers will continue
to enjoy the ‘same great people, same great bank’ that has positioned
us as a leader in this national industry.”
Following the move to a more automated service platform early this year, PCB’s Commercial Equipment Leasing business set a record for bookings in the second quarter, reflecting the company’s faster response time and enhanced credit assessment process. At June 30, 2004, average monthly volume was $12.8 million, and outstandings in the portfolio were
$190 million.
Pacific Capital Bancorp, with $5.7 billion in assets, is the
parent company of Pacific Capital Bank, N.A., a nationally chartered
bank that operates 45 branches under the local brand names of Santa
Barbara Bank & Trust, First National Bank of Central California,
South Valley National Bank, San Benito Bank and Pacific Capital Bank.
### Press Release
#####################
Leasing
Executives to Discuss
Collection
Problems, Solutions
At
Annual ELA Convention Oct. 26
(Ed Castagna is on the Leasing News Advisory Board,
and
who has helped us
quite a bit with our new approach
and internet presence.
editor )
ROSLYN HEIGHTS, NY,
AND TINTON FALLS, NJ,--Most leasing companies spend excess time and
money collecting past-due accounts, with mixed results, according to
industry executives who will explore
"Collections and Recovery Strategies" at the upcoming
Equipment Leasing Association (ELA) Annual Convention in Palm Desert,
CA.
Edward Castagna, senior executive vice president of Nassau Asset Management, and Vernon Gerety, Ph.D., senior vice president of PredictiveMetrics, will lead an interactive breakfast session on the topic Tuesday, Oct. 26. Castagna is chair of the ELA Service Providers Council and a member of the 2004 Industry Future Council of the Equipment Leasing and Finance Foundation. Gerety has served on the ELA Credit & Collection Planning Committee for
four years.
Most leasing companies
today spend significant resources in-house on early stage collections,
then outsource the unsuccessful cases to collections agencies, repossessors,
and legal counsel -- or sell the debt. This approach can be inefficient
and costly depending on the account in question, according to Castagna
and Gerety. They will lead leasing professionals in a discussion of
common bottlenecks in the process, as well as introduce new industry
tools that can help companies increase success rates while reducing
delays and expenses. These tools include:
Collection and recovery
scoring technology, already used by some lenders to identify delinquent
accounts most likely to default and determine the cost and effort to
expend on collecting charged-off debts, and Collaborative outsourcing,
an outsourcing strategy that streamlines the entire continuum of collections,
repossession, and remarketing for faster results and improved return
on assets.
About Nassau Asset
Management
Nassau Asset Management
of Roslyn Heights, NY, has been providing full-service asset management,
including asset recovery, collections, remarketing, full plant liquidations,
and appraisals for more than 25 years to the equipment leasing and finance
industry. For more information, please visit www.nasset.com or call
1-800-4.NASSAU.
About PredictiveMetrics
PredictiveMetrics helps companies turn probabilities into profits by providing custom and industry-specific scoring tools for credit risk evaluation, on-going portfolio management, collections and recovery primarily for the leasing, credit card, financial services and collection industries. For more information, visit the company's Web site at
Media Contacts:
Edward Castagna
Nassau Asset Management
Phone: 800.462.7728,
ext. 301
ecast@crosslink.net,
cc: carla@crosslink.net
Vernon Gerety, Ph.D.
PredictiveMetrics
Phone: 732-530-2980
vgerety@predictivemetrics.com,
cc: eohare@predictivemetrics.com
Eileen O'Hare
AVP - Marketing
PredictiveMetrics
Phone: 732.530.9303
eohare@predictivemetrics.com
Carla Young Harrington
SCAPR (For Nassau
Asset Management)
Phone 540.899.3913
Email: carla@crosslink.net
### Press Release
##########################
McCue
Systems Welcomes National City Commercial Capital
McCue Systems announces
the addition of National City Commercial Capital (formerly, Information
Leasing Corporation) to its roster of LeasePak customers. National City
Commercial Capital, a wholly-owned subsidiary of National City Corporation,
is a nationwide leader in business-to-business equipment financial services,
serving the needs of manufacturers, distributors, and vendors of capital
equipment, large corporate lessees, small businesses and other leasing
organizations.
As a fast moving,
medium-sized lessor with unlimited growth potential, National City Commercial
Capital selected the LeasePak Gold Edition. “We wanted a system that
would handle our long term growth initiatives, yet that was capable
of adapting to our ever changing business needs,” states National City
Commercial Capital senior vice president Bob Rinaldi. “It was especially
important to us that McCue Systems and LeasePak have their roots in
the equipment leasing world rather than in manufacturing or CRM. For
us, it meant that we would enjoy the benefits of McCue’s deep experience
in working with the equipment leasing industry.”
McCue Systems' CEO
John McCue states, "We look forward to working with the leasing
professionals at National City Commercial Capital as they realize the
full power of LeasePak to streamline and grow their equipment leasing
business. I know that LeasePak’s workflow management and Web-based vendor
and asset management tools will be particularly useful for the National
City Commercial Capital team.”
National City Commercial
Capital carefully weighed the lease portfolio management solutions offered
by the leading technology providers in equipment leasing. "Initially,
our search took us to some of the newer offerings recently brought to
market by some global-scale players," reports National City Commercial
Capital’s vice president of Systems and Programming, Bill Weeks. "We
wanted to see if the newer systems would offer superior functionality.
What we discovered instead was the real advantage of the leasing-specific
features and functions that McCue has built into LeasePak over its 30-year
history with real-world lessors. The McCue solution has the functionality
that we require on a daily basis as a rapidly growing equipment lessor."
We are delighted
to have been selected by National City Commercial Capital,” adds McCue
Systems’ VP of Development Douglas Jones. “And we look forward to seeing
the productivity gains that they will enjoy as a user of LeasePak on
the Oracle database technology.”
About National City
Commercial Capital
National City Commercial
Capital is a national, high-growth, multi-channeled equipment finance
company that provides a broad array of products and services to both
new and existing customers and markets. National City Commercial Capital
is a wholly-owned subsidiary of National City Corporation and is based
in Cincinnati.
About National City
Corporation
National City Corporation
(NYSE: NCC), headquartered in Cleveland, is one of the nation's largest
financial holding companies. The company operates through an extensive
banking network primarily in Ohio, Illinois, Indiana, Kentucky, Michigan,
Missouri and Pennsylvania, and also serves customers in selected markets
nationally. Its core businesses include commercial and retail banking,
consumer finance, asset management, mortgage financing and servicing,
and payment processing. For more information about National City, visit
the company's Web site at NationalCity.com.
For more information about National City,
visit the company's website at
nationalcity.com, or
contact Senior VP Robert J. Rinaldi
at bob.rinaldi@nc-4.com.
About McCue Systems
With over 30-plus
years of experience in developing business solutions for the leasing
industry, McCue Systems Inc. is the leading provider of lease/ loan
portfolio management software for banks, leasing companies, and manufacturers.
Its flagship product, LeasePak, simplifies lease/loan administration
and asset management by accurately tracking leases, loans, and equipment
from origination through end-of-term and disposition.
McCue Systems leads
the leasing technology industry in the development of Web-enabled and
Web-based tools to deliver superior customer service, reduce operating
costs, streamline the lease management lifecycle, and support collaboration
with origination channel and asset partners. Alone in the industry,
McCue Systems offers a Web-based front-end system that integrates fully
with the system’s back-office database architecture.
By harnessing the
most advanced technologies, McCue Systems can offer the right operating
platform for almost any enterprise. LeasePak can be configured to run
on HP-UX, SUN/Solaris or Linux as well as for Oracle and Sybase users.
And, for unmatched scalability, McCue Systems offers the LeasePak Bronze,
Silver, and Gold Editions for systems and portfolios of virtually all
sizes and complexities.
The leasing experts
at McCue Systems work closely with lessors to put the company’s leasing
expertise to work to streamline lease operations and enhance customer
retention at every stage of the lease lifecycle.
For further information,
please contact:
Andrew Lea, VP, Marketing
& Corporate Communications
McCue Systems, Inc.
111 Anza Boulevard,
Suite 310
Burlingame, CA 94010-1932
Office: (650)348-0650
Ext 1171
Fax: (888) 730-2527
info@mccue.com
(Andrew Lea is a
member of the Leasing News Advisory Board.
### Press Release
#######################
CIT Captures Top SBA Volume Lender Ranking
for
the Fifth Year in a Row
http://www.newscom.com/cgi-bin/prnh/20041004/NYM003LOGO
LIVINGSTON, N.J.,
l/ -- CIT Small Business Lending Corporation, a subsidiary of CIT Group
Inc. (NYSE: CIT - News),
"We are extremely
proud of this achievement and of CIT's role as the leader in helping
the nation's small businesses achieve their goals," said Tom Hallman,
Vice Chairman of CIT's Specialty Finance Group. "Increasingly,
through all economic cycles, small businesses continue to be the foundation
of our economy and an important part of CIT's business."
The Top Volume Lender
honor was based on results in the SBA 7(a) loan program for the 2004
SBA fiscal year, which ran from October 1, 2003 through September 30,
2004. SBA 7(a) loans are the most frequently used of the agency's business
loan programs. CIT, which saw its SBA business grow by more than $136
million over last year, received top ranking among over 2,750 lenders,
and outpaced its closest competitor by a margin exceeding $397 million.
CIT has consistently
been cited for its leadership in SBA lending.
Supporting the company's
nationwide ranking, CIT has also achieved Top Volume Lender status in
numerous states and SBA districts
John Canning, President
of CIT Small Business Lending Corporation,
commented: "Our
ranking is a direct result of our commitment to being the lender of
choice for the nation's small businesses."
"Through SBA
products, CIT has built a strong track record of success in helping
small businesses achieve their goals," Canning continued. "Our
partnerships with the SBA and local community organizations, along with
our specialized representatives and streamlined loan processing procedures,
have enabled our company to develop an unprecedented level of success
in SBA lending."
About CIT and Small
Businesses
CIT Small Business Lending Corporation offers Small Business Administration (SBA) loans to finance business acquisitions, owner-occupied real estate purchases and franchise start-ups through a network of field representatives. The nation's No. 1 SBA lender, CIT Small Business Lending has been designated a "Preferred Lender" by the SBA and can provide quick credit decisions and loan closings. The company's website and online SBA loan application are located at
http://www.smallbizlending.com.
CIT also helps small
businesses finance and lease office products, office technology and
telecommunications equipment. In addition, CIT provides business credit
services, including secured loans, leasing, receivables financing, real
estate financing and factoring to companies and medical professionals.
About CIT
CIT Group Inc. (NYSE:
CIT - News), a leading commercial finance company, provides clients
with financing and leasing products and advisory services. Founded in
1908, CIT has nearly $50 billion in assets under management and possesses
the financial resources, industry expertise and product knowledge to
serve the needs of clients across approximately 30 industries. CIT,
a Fortune 500 company, holds leading positions in vendor financing,
factoring, Small Business Administration loans, equipment and transportation
financing,
and asset-based lending.
CIT has approximately 5,800 employees in locations throughout North
America, Europe, Latin and South America, and the Pacific Rim. For more
information, visit http://www.cit.com
### Press Release #######################
CIT Announces Quarterly Dividend for Third Quarter
2004
LIVINGSTON, N.J., / -- CIT Group Inc.
(NYSE: CIT) announced that its Board of Directors
has declared a regular quarterly cash dividend of $.13 per share, payable
on November 30, 2004 to shareholders of record on November 15, 2004.
---------------------------------------------------------------
 |
News
Briefs---
Dollar Hits 3-Mth
Low on U.S. Econ Woes
http://www.washingtonpost.com/wp-dyn/articles/A50281-
Storms hinder search
for hikers in Sierra
13 missing in heavy
snowfall --2 die on Yosemite cliff
http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/
----------------------------------------------------------------------------
Sports
Briefs---
Red Sox Defeat Yanks
in Historic Comeback
http://www.nytimes.com/2004/10/21/sports/baseball/
http://www.boston.com/sports/baseball/redsox/articles/
2004/10/21/red_sox_chase_history/
Cards walk off with
win
http://www.stltoday.com/stltoday/sports/stories.nsf/cardinals/story/
CBFDF6ACCF76431786256F34001BA473?OpenDocument&Headline=
Garcia wishes Owens
would just shut up
http://www.sfgate.com/cgi-bin/article.cgi?f=/news/archive/
2004/10/20/sports1729EDT0259.DTL
Agreement reached
to keep Pro Bowl in Hawaii through 2009
http://www.theredzone.org/news/showarticle.asp?ArticleID=1746
--------------------------------------------------------------------------------
“Gimme
that Wine”
N.Y. firm wants all
of Mondavi
Beer-wine company's
proposal includes all of the wine brands, with eye on expansion
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/
2002 Burgundy Wine Tasting
http://wine.about.com/od/lisaswinereviews/a/burgundy.htm
-------------------------------------------------------------------------------
This
Day in American History
1520-
Magellan entered the strait which bears his name.
http://www.mariner.org/age/ma http://www.skittler.demon.co.uk/
1692- William Penn was deposed as Governor of Pennsylvania.
His overtures of gratefulness to James II for permitting religious freedom
for dissenters of the Church of England led William and Mary to charge
Penn with being a papist:
A Roman catholic; one who adheres to the Church of Rome and the authority
of the pope; -- an offensive designation applied to Roman Catholics
by their opponents. He was not.
http://xroads.virginia.edu/~CAP/PENN/pnintro.html.
1751- The first Baptist association in the American South
was organized at Charleston, SC. It was formed under the initiative
of Oliver Hart, who had left the Philadelphia area to become pastor
of the Charleston Baptist Church in 1749.
1805 -- Battle of Trafalgar, where Nelson defeats Spain and France, establishes
British naval supremacy for the next centuries, including trying to
re-take its
colonies now united in North America.
http://www.nelsonsnavy.co.uk/battle-of-trafalgar.html
1808-
Birth of American Baptist clergyman Samuel Francis Smith. Credited with
writing over 100 hymns, Smith is best remembered as the author of "America"
("My Country, 'Tis of Thee"), written at age 23, while a student
at Andover Seminary.
1845-Birthday
of Will Carleton, American poet, born Michigan.
Michigan schools will honor his anniversary (by 1919 statue)
bye reading his poems on this day. Best known of his poems: “Over the
Hill to the Poorhouse.” Carleton died 1912.
1861-Union
troops suffer a devastating defeat in the second major engagement of
the war. The Battle of Ball's Bluff produced the war's first martyr
and led to the creation of a Congressional committee to monitor the
conduct of the war. General Charles Stone to watch the nearby town of
Leesburg, Virginia, while McCall's men were moving. Stone sent a detachment across the river on the night of October
20, and the inexperienced soldiers reported seeing a Rebel camp that
turned out to be shadows. Stone decided to move more men over until
a force of 1,600, under the command of Colonel Edward Baker, was poised
for an attack the next morning. Baker was a close friend of President
Lincoln, and Lincoln had named his second son after him. Baker placed
his men in a dangerous position. They were in a clearing with their
backs to the edge of Ball's Bluff, a 100-foot high cliff above the Potomac.
They faced a wooded ridge that was rapidly filling with Southerners.
The Confederates launched an attack at 3 p.m., and Baker's command was
in trouble. Baker was killed, and many of his men jumped from the bluff
to their deaths or scrambled down a narrow trail only to find their
boats swamped in the river. Less than half made it back to the other
side of the Potomac. The Union
suffered 49 killed, 158 wounded, and 714 missing and captured, while
the Confederates suffered 33 killed, 115 wounded, and one missing. Lincoln
was stunned by the loss of his friend Baker, who became a Northern martyr
despite his ineptitude in conducting the battle. The political fallout
was swift. Angry Republicans were highly suspicious of McClellan, a
Democrat, and other generals. The Joint Committee on the Conduct of
the War was formed in December. This group was stacked with Radical
Republicans who favored tougher treatment of the South and slaveholders.
The committee's first investigation was the disaster at Ball's Bluff,
and General Stone became the scapegoat. He was arrested for treason
soon after and was jailed for six months.
1864-Battle
of Westport, MO (Kansas City) A major union victory as after the
loss of this battle,
the rebels were in retreat in this area until the end of the Civil
War. It is called
the “last great rebel raid” and a popular song to the tune of “The Yellow
Rose of Texas” was often sun at Confederate camps.
http://www2.cr.nps.gov/abpp/battles/mo027.htm
http://bartonpara.com/civilwar/jw/rebraid.htm
1865-George
William Gordon, Jamaican national hero, is unfairly arrested
and sentenced to
death.
http://www.moec.gov.jm/heroes/george.htm
http://www.jnht.com/jamaica/gordon.html
http://www.famousamericans.net/georgewilliamgordon
1868-
Severe earthquake at 7:53 AM, centered in Hayward, Calif. Magnitude
http://www.seismo.berkeley.edu/seismo/faq/1868_0.html
1879-Thomas
A. Edison demonstrated the first incandescent lamp that could be used
economically for domestic purposes. the prototype, developed at his
Menlo Park, NJ, laboratory, could burn for 13 ½ hours.
1891-Birthdy of Ted Shawn, born Kansas City, MO. Partially paralyzed by diphtheria, Shawn was introduced to ballet for the therapeutic purposes and became a professional dancer by the age of 21. The Denishawn School of Dancing was established with the help of his wife, Ruth St. Denis, and became the epicenter of much innovation in 20t-century dance and choreography. Among his many achievements is Jacob’s Pillow Dance Festival, which he inaugurated and directed for the remainder of his years, and such modern ballets as “Invocation to the Thunderbird,” “Osage-Pawnee,” “Labor Symphony” and “ John Brown. “ He died January 8,1972. 1892- Birth of James L Kelso, American Presbyterian archaeologist. He participated in digs at the biblical sites of Debir, Bethel and Jericho, and authored the text "Ceramic Vocabulary of the O.T."
http://members.tripod.com/~hardbop/byas.html
1912-Tenor
Saxophone player Don Byas born, Muskogee, OK. Died August 24, 1972.
http://www.oklahomajazz.com/byas.htm
1912-Birthday of Comedian Minnie Pearl, destined to become a longtime fixture of Nashville's Grand Ole Opry Pearl was famous for her comic monologues about hillbilly life and was featured on the long-running syndicated show Hee Haw from 1970 to 1990.
Pearl died in 1996.
http://www.cnn.com/SHOWBIZ/misc/9603/pearl_obit/index.html
http://www.150.si.edu/150trav/remember/r1117.htm
1916-Birthday
of Floyd Clifford “Bill” Bevens, baseball player born at Hubbard, OR.
Bevens nearly pitched the first no-hitter in World Series history, pitching
for the New York Yankees against the Brooklyn Dodgers. In Game 4 of the1947 Series, he carried his
no-hitter into the ninth inning. With two out and two on, Cookie Lavagetto
doubled home both runners, spoiling the no-hitter and winning the game,
3-2.Died at Salem, Or. Oct. 26,1991
1917—Birthday
of John Birks “ Dizzy” Gillespie, trumpet player, composer, bandleader,
presidential candidate ( I voted for him as “start of stage, screen,
and outer space” Mad Magazine)---one of the founding fathers of modern jazz, born at Cheraw, SC. In the early 1940s, Gillespie and alto saxophonist Charlie (Yardbird) Parker created be-bop. In the late 40s, he created a second music revolution by incorporating Afro-Cuban music into jazz. In 1953 someone fell on Gillespie’s trumpet and bent it. Finding he could hear the sound better, he kept it that way; his puffed cheeks and bent trumpet became his trademarks. He won a Grammy in 1975 for “Oscar Peterson and Dizzy Gillespie” and again in 1991 for “Live at the Royal Festival Hall.” He died January 6, 1993,
Englewood, NJ.
1928-Birthday of Edward Charles “Whitey” Ford, Baseball Hall of Fame pitcher, born
New York, NY.
http://www.cosmopolis.ch/english/cosmo2/dizzy.htm
http://www.downbeat.com/artists/window.asp?aid=
http://www.geocities.com/BourbonStreet/8446/
http://www.harlem.org/people/gillespie.html
1937-Birthday
of Norman Wright, lead singer with the Del Vikings,
born Philadelphia, PA
http://www.destinationdoowop.com/delvikings.htm
1938-Jan
Savitt records “Quaker City Jazz.
1940-Birthday
of Jimmy Beaumont, lead singer with the Skyliners, born
Pittsburgh, PA.”
http://www.vocalhalloffame.com/skyliners.htm
http://www.amazon.com/exec/obidos/ASIN/B00000EP1O/ref=ase_
avsearch-musicasin-20/103-0570268-6906239#product-details
1941-Benny
Goodman, the “King of Swing,” cuts “ Clarinet Ala King.”
1942-Birthday
of guitarist Elvin Bishop, Glendale, CA.
1943-Birthday
of Brian Piccolo, born Pittsfield, MA. He played running back at Wake Forest and with
the Chicago Bears. His interracial
friendship with Gale Sayers earned him a certain fame, but at age 26
he was stricken with embryonal cell carcinoma, a virulent form of cancer
that took his life seven months later. Died at New York, NY.
June 16, 1970. His life
became the subject of a book, Brian Piccolo: A Short Season, and a made-for
television movie, “Brian’s Song.”
1945—Top
Hits
I’ll Buy That Dream - The Pied Pipers
Till the End of Time - Perry Como
On the Atchison, Topeka and Santa Fe - Johnny Mercer
You Two Timed Me One Time Too Often - Tex Ritter
1948-Birthday
of William Ellis “Bill” Russell, former baseball manager and player,
born Pittsburgh, KS.
1950-Earl Lloyd, first NBA Black Assistant Coach and the first Black chief scout, becomes the first Black person to play in an NBA game ( beating out Charles cooper and Nat Clifton
by a day.)
1950-“The
Stu Erwin Show.” This often-imitated
sitcom was one of the first of its kind and immensely popular.
Stu Erwin starred as himself, a bumbling high school principal;
June Collyer ( his real-life wife) as his level-headed wife, June; Ann
Todd and Merry Anders as their daughter, Joyce; Shelia James Kuehl as
younger daughter, Jackie; Martin Milner as Joyce’s boyfriend and alter
husband, Jimmy Clark; and Willie Best as Willie, the handyman. The show
was also called, “ Life with the Erwin’s,” “the New Stu Erwin Show,”
and “The Trouble with Father.”
1953—Top
Hits
Vaya Con Dios - Les Paul & Mary Ford
You, You, You - The Ames Brothers
Crying in the Chapel - June Valli
I Forgot More Than You’ll Ever Know - The Davis Sisters
1954
- - Ian Fleming's aristocratic
spy, James Bond, made his film debut when first portrayed by actor Barry
Nelson in an episode of the television series Climax, titled "Casino
Royale" in 1954. Peter
Sellers and David Niven play in the 1967
http://www.all-reviews.com/videos-2/casino-royale.htm
1956-Quarterback
and place-kicker George Blanda of the Chicago Bears missed his first
extra-point attempt after a record-setting 156 in a row.
His kick sailed off to the left, but it hardly mattered as the
Bears defeated the Baltimore Colts, 58=27.
1957
- The Elvis Presley movie, "Jailhouse Rock", opened in U.S.
theatres. The flick also starred Judy Tyler, Mickey Shaughnessy, Vaughn
Taylor, Jennifer Holden, Dean Jones and Anne Neyland. Elvis Presley fans consider it to be
he said often.
1958
- Orchestral strings were used for the first time in a rock and roll
tune. Buddy Holly recorded "It Doesn’t Matter Anymore", written
by Paul Anka. Sadly, it would be Holly’s last studio session. The song
wasn’t released until after his death in February of 1959.
1959—
The Solomon R. Guggenheim
Museum of modern and contemporary art opened in New York City.
(lower half of: http://memory.loc.gov/ammem/today/oct21.html
)
1960
- The fourth -- and last -- debate preceding the presidential election
between U.S. Senator John F. Kennedy and U.S. Vice President Richard
M. Nixon was televised from New York City. Kennedy would go on to win
with an electoral vote of 303; Nixon 219, and Sen. Harry F. Byrd, 15.
Kennedy won 94.7% and Nixon 49.6% of the popular vote, making the election
one of the closest in U.S. history at the time.
In congressional elections, the Democrats took a 65-35 majority
in the Senate. In the House, they lost 20 seats but kept a majority
of 263-174.
http://memory.loc.gov/ammem/today/oct21.html
1960-The Accutron, the world's first electronic watch, went on sale. The watch, produced by Bulova Watch Company in Jackson Heights, New York, used transistorized electronic circuits and a miniature power cell, instead of a spring and gears, to move the
watch's hands.
1961—Top
Hits
Hit the Road Jack - Ray Charles
Runaround Sue - Dion
Bristol Stomp - The Dovells
Walk on By - Leroy Van Dyke.
1961
-- Bob Dylan records his first album, "Bob Dylan," for Columbia
Records. The albums presents the 20-year old singer accompanied by his
guitar & harmonica. The recording is done in a day & productions
costs run $400. Filling out his income-tax form, Dylan gives his name
as Blind Boy Grunt.
http://www.rockmine.music.co.uk/BobBooks.html
1963-Michigan
Bell Telephone, Detroit, MI, at Jackson, MI, placed into service the4
first “trimline telephone.” The dial was mounted in the receiver midway between the mouth and
the ear pierces, eliminating the need to reach for the base when dialing. It introduced the telephone to its entire territory
on learning
1964-
The Rolling Stones appear on Ed Sullivan's TV variety show. It was the
first time American audiences had seen the Stones. Founding Stones Mick
Jagger and Keith Richards met during grade school and ran into each
other when Jagger was studying at the London School of Economics and
Richards was at art school. They formed the Rolling Stones in 1962 and
were soon playing a steady series of nightclubs and bars in London.
They released their first single in Britain in 1963. Before long, the
Stones became known as the anti-Beatles: They were long-haired, grungy,
and wild, while the Beatles seemed wholesome and safe. A string of drug-related
arrests plagued various band members--Brian Jones' drug problems probably
led to his death in 1969, and Keith Richards struggled with heroin addiction
before getting clean in 1977. They
are on another tour. I can personally testify they are still quite
the performers. “I Can’t Get No Satisfaction” has been voted by Billboard
magazine as still the most popular rock and roll song.
1966
-- Grateful Dead, Lightnin' Hopkins & Loading Zone at the Fillmore,
with dancing & strobe light show, San Francisco
1969—Top
Hits
I Can’t Get Next to You - The Temptations
Hot Fun in the Summertime - Sly & The Family Stone
Suspicious Minds - Elvis Presley
Since I Met You, Baby - Sonny James
1967-Over
250 protestors were arrested when thousands of the 50,000 participants
in a rally against the Vietnam War at Washington, DC, crossed the Potomac
River and stormed the Pentagon. No shots were fired, but many demonstrators were struck with nightsticks
and rifle butts.
1972-John
H. Conyers becomes the first African-American to enter the US Naval
Academy.
1972
- Chuck Berry’s "My Ding-a-Ling" hit #1 in the U.S. It was
number one for two weeks.
1973-Fred Dryer, defensive end for the Los Angeles Rams, became the first player in NFL history to score two safeties in the same game in the Rams’ 24-7 victory over the
Green Bay Packers.
1975-Catcher
Calrton Fisk of the Boston Red Sox hit a home run in the 12th
inning to defeat the Cincinnati Reds, 7-6, in the sixth game of the
world Series. Fisk’s dramatic homer forced a seventh game in the what
is generally considered one of the best World Series ever.
1976
- The Cincinnati Reds beat the New York Yankees in the World Series
four games to zip. In game four, played this day, with Johnny Bench
slugging two home runs for five RBIs, the Reds rang up a 7-2 victory.
It was the Red’s second straight World Series championship.
1977---Top
Hits
You Light Up My Life - Debby Boone
Nobody Does It Better - Carly Simon
That’s Rock ’n’ Roll - Shaun Cassidy
Heaven’s Just a Sin Away - The Kendalls
1980
– After failing short in 1915 and 1951, The Phillies won their first
World Series title. Mike Schmidt knocked in two runs and Tug McGraw
stopped Kansas City’s hitters, 4-1, in Philadelphia. The Phils won the
Series, 4 games to 2.
1985
- William ‘The Refrigerator’ Perry of the Chicago Bears led his team
to a 23-7 win over the Green Bay Packers. Perry, weighing in at 325
pounds (more than some Frigidaires), became a folk hero as he cut a
path for Walter Payton’s two TDs. He then plodded over the goal line
himself for another score.
1985—Top
Hits
Take on Me - a-ha
Saving All My Love for You - Whitney Houston
Part-Time Lover - Stevie Wonder
You Make Me Want to Make You Mine - Juice Newton
1989
-First black owners (Betram Lee and Peter Bynoe) to own a major sports
team, purchasing Denver Nuggets for $65 million.
http://www.piperrudnick.com/lawyers/AttorneyBio.asp?id=20881
http://www.geocities.com/~arthurh/Denver-Nuggets.html
1989
- Unseasonably cold weather continued to grip the south central and
southeastern U.S. Twenty cities reported record low temperatures for
the date, including Calico AR with a reading of 26 degrees, and Daytona
Beach FL with a low of 41 degrees. Squalls in the Great Lakes Region
finally came to an end, but not before leaving Marquette MI buried under
12.7 inches of snow, a record 24 hour total for October.
1995 - Mariah Carey’s "Daydream" was the number one album in the U.S. The album featured the smash hits "Fantasy" and "One Sweet Day" (both debuted on the singles
chart at #1).
1997
- Elton John’s tribute to Princess Diana, "Candle in the Wind 1997",
was declared by "The Guinness Book of Records" to be the biggest-selling
single record of all time. In 37 days, the single reached 31.8 million
copies sold, eclipsing the previous record held by Bing Crosby’s "White
Christmas". The Crosby song sold an estimated 30 million copies
worldwide -- in 55 years.
1998
- Patch Adams, starring Robin Williams, opened in the United States.
The film was based on the '70s true story of a man who wanted desperately
to be a doctor and help people, but spurned the melancholy protocol
of medical school in favor of clowning and making a personal connection
with patients. Williams and the film were both nominated for Golden
Globes.
1998
- The invincible New York Yankees won their 24th World Series. They
beat the San Diego Padres 3-0 this day to take the Series 4-0. It was
New York’s second title in three years and its first sweep since 1950.
Scott Brosius was MVP after finishing with a .471 batting average, eight
hits, two home runs and six runs batted in. Mariano Rivera and Jeff
Nelson both pitched in three Yankee games and both finished with a 0.00
ERA.
2000- In the longest World Series game ever played, the Yankees take Game 1 of the Subway Series, thanks to Jose Vizcaino's 12th inning two-out single, defeating the Mets, 4-3 in four hours and fifty-one minutes. The victory surpasses the streak established by the Murderers' Row clubs as the present Bronx Bombers win their 13th consecutive
World Series game.
2002-
Florida team president David Samson, in an effort to get fans "falling
back in love with the Marlins,'' announces plans which includes free
hot dogs and a cozier atmosphere at Pro Player Stadium. The average
crowd of 10,038 per home game, more than a third less than the previous
season, was next-to-last in the major leagues in attendance this year.
World Series Champions
This Date
1973 Oakland Athletics
1976 Cincinnati Reds
1980 Philadelphia Phillies
Baseball
Poem
BABE RUTH’S CURSE I
by Joe Pickering, Jr.
OUR RED SOX NOW LEAD BY A COUNTRY MILE
STILL FEAR GRIPS OUR HEARTS THE CROWD WEARS NO SMILE
BABE’S CURSE IS WITH US ALL CLOUDS GROW DARK
IT’S WORLD SERIES TIME AT OLD FENWAY PARK
THAT’S NOT DISTANT THUNDER I HEAR FROM THE SKY
BUT MISTER BABE RUTH STEPPING DOWN FROM ON HIGH
BABE’S COMING TO PLAY WITH HIS BAT AND HIS BALL
TO MAKE SURE WE DON’T WIN THE SERIES THIS FALL
CHORUS
HEY MISTER BABE PLEASE GIVE US A BREAK
HOW MUCH MORE CAN THE RED SOX FANS TAKE
IN THE ANNALS OF BASEBALL NONE CAN BE WORSE
THAN THE TERRIBLE TALE OF BABE RUTH’S CURSE
IN THE SERIES OF ’18 BASE STRODE TO THE MOUND
AND PROCEEDED TO MOW THE CHICAGO CUBS DOWN
BUT THAT’S THE LAST SERIES THE SOX EVER WON
SOON BABE RUTH WAS TRADED, THE DIRTY DEED DONE
THE BABE GRABBED THE TRAIN AND LEFT SAD OLD BEANTOWN
TO BUILD UP THE YANKEES AND TEAR THE SOX DOWN
ALL THE FANS AGREE, THE TRADE WAS A SIN
BUT IT WASN’T OUR FAULT BABE SO PLEASE LET US WIN!!
The Curse of the
Bambino
Reverse the Curse
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