Add me to mailing list | Change email  Search
Advertising | All Lists | Archives | Classified Ads | This Day In American History

Leasing News is a web site that posts information, news, and
entertainment for the commercial bank, finance and leasing industry


Press Release    
WE'RE HIRING at Our Minneapolis Headquarters
Credit Manager
This position will be responsible for underwriting small ticket working capital applications up to $250,000 in a fast paced and high volume environment. The candidate will make independent decisions on commercial credit applications through evaluation of business and personal credit reports, financial statements and other credit information. More
Collections Representative
This position will function as the primary contact for customer concerns regarding loan collection issues. The candidate will act as a liaison between the customer, Channel Partners Capital and 3rd Party Collection Agencies. More
Please email cover letter and resume to:


Friday, September 4, 2015

Today's Equipment Leasing Headlines

Archives: August 4, 2006
Kamradt Promoted at ATEL Capital Group
ATEL Capital Group Secures Half a Billion Dollars
    of Institutional Equity
TimePayment Joins
Funders Looking for New Broker Business List
New Hires---Promotions in the Leasing Business
  and Related Industries
Oregon's Mark Wada Joins 25 Most Influential Lawyers
  in Equipment Finance and Leasing
Leasing Industry Ads---Help Wanted
Ascentium Capital/Channel Partners/Quail Financial Solutions
Leasing Conferences – Fall
ELFA Release Two Financial Models
  on Two Proposed Lease Accounting Changes
Beige Book Says US Economy Still Growing
  Time Period is Just Before Stock Market Decline
Community Bank Earnings Rise 12 Percent
  to $5.3 Billion, FDIC Reports
 Labor Day Special: Metropolis/Picnic
9 to 5/Erin Brockovich/Up in the Air
Digital Reviews by Leasing News' Fernando Croce
Labrador Retriever
  Kailua Kona, Hawaii  Adopt-a-Dog
News Briefs---
 TAB Bank Acquires $54M Trucking Equipment Loan Portfolio
  From Crossroads Equipment Lease and Finance, LLC
Markets are turbulent, but mortgage rates
   stay about the same
Elon Musk reveals Tesla’s mass-market electric car
  will cost just $35,000
Walmart via Sam's Club Gets into Car-Selling
  3-day return policy for members’ peace of mind
  Powered by TrueCar 10,000 certified dealers
U.S. Smartphone Subscriber Market Share
 comScore Reports July 2015

Broker/Funder/Industry Lists | Features (writer's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months (Be Careful of Doing Business)
Leasing News Icon for Android Mobile Device

You May have Missed---
   SparkPeople--Live Healthier and Longer
    Sports Briefs---
      California Nuts Brief---
       "Gimme that Wine"    
          This Day in American History
           Daily Puzzle
               Weather, USA or specific area
                 Traffic Live----

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

Please send a copy of Leasing News to a colleague and ask them
to subscribe. It’s easy. All they have to do is put “subscribe” in
the subject line and email:



Archives: August 4, 2006
Kamradt Promoted at ATEL Capital Group

James A. Kamradt

“Jim has been with ATEL for almost 10 years, holding increasingly responsible positions over this period, most recently SVP-Operations with ATEL Leasing Corporation. He brings a wealth of leasing industry experience to this position, with over 23 years in the business.”

Prior to joining ATEL, Jim was employed by Phoenix Leasing and Dana Commercial Credit Corporation, where he was the founding facilitator of a Quality Program that ultimately won the Malcolm Baldridge Award. Jim holds an MBA from the University of California at Berkeley and has been an adjunct professor at Dominican University of California.


Jim Kamradt
Executive Vice President & National Sales Manager
ATEL Securities Corporation




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

ATEL Capital Group Secures Half a Billion Dollars
of Institutional Equity

San Francisco, CA. - ATEL Capital Group has successfully launched several new private institutional funds generating commitments of $500MM of equity.  This capital will be invested in low-tech equipment operating leases with high quality corporate credits and Fortune 1000 companies in 2015-2016.  

Dean Cash
ATEL Capital Group

“This increased equity capital will allow us to double our funding of true leases to our customers over the next 18 months,” said Dean Cash, Chairman and CEO of ATEL Capital Group.  “As the economy has gone through economic ups and downs over the last 40 years, ATEL has been and remains a consistent funding source for American industry during all business cycles.”   

In advance of this new capital, ATEL Leasing Corporation expanded its lease origination and syndication teams with experienced, high-level producers in Q1 and Q2 of this year.

Ken Fosina
ATEL Leasing Corporation

 “Our momentum with direct customer relationships and through capital markets perfectly aligns with the growth of our institutional investor programs allowing us to increase the size of our equipment lease portfolio,” said Ken Fosina, EVP ATEL Leasing Corporation. 
ATEL Capital Group is an international financial services company that offers its clients a wide array of financial solutions including equipment leasing, asset-based lending, venture finance, lease administration and asset management. Since its inception, ATEL has sponsored sixteen publicly registered funds, as well as numerous private retail and institutional investment programs. ATEL's family of retail Funds have attracted over 50,000 investors since ATEL's first public program was created in 1986.

Additional information about ATEL Capital Group can be found on the Company's web site at

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



Funders Looking for New Broker Business List

Timepayment Corp
(Subsidiary of
Microfinancial Corp.)
Burlington, Massachusetts
Contact Vince Faino
 877-868-3800 x7002
$500 to $100,000


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

full List
Funders Looking for New Broker Business


(Leasing News provides this ad as a trade for appraisals and equipment valuations provided by Ed Castagna)


New Hires---Promotions in the Leasing Business
and Related Industries

Craig R. Dahl, vice chairman and president, will succeed William A. Cooper as chief executive officer effective January 1, 2016, TCF Equipment Finance. Cooper will remain chairman through 2017. "He joined TCF in 1999 as president and chief executive officer of TCF Equipment Finance, Inc. and later was named president and chief executive officer of Winthrop Resources Corporation. He began serving as vice chairman of TCF in 2012 and was promoted to president in 2015. Dahl currently oversees TCF’s six lending businesses, Retail Banking and information technology. Prior to joining TCF, he held a number of leadership positions with a major financial services company for 22 years. Dahl holds a bachelor’s degree in political economics from Princeton University and is a native of International Falls, Minnesota."

Paul Knowlton, CLFP, was hired as National Program Manager - Equipment Finance Bank of the West, San Francisco Bay Area. Previously, he was  Vice President - Senior Client Advisor at Union Bank (February, 2013 -September, 2015); Vice-President-Principal Business Relationship Manager (August, 2009-January, 2012), Director of Commercial Finance, Clean Power Finance (November, 2008-August, 2009), Managing Director, Equipment Finance, First Republic Bank (April, 1998-June, 2008), Western Division Manager, Winthrop Resources (1994-1998), Regional Manager, LeasePartners (1992-1994), NW Regional Manager, Textron Financial, Credit Examiner, US Bank (1984-1987)University of Oregon BS, Finance (1979 – 1984) Activities and Societies: Vice President - Sigma Chi Fraternity, Lacrosse Team. Past President, National Equipment Finance Association. Member: Certified Leasing Professional Foundation.

Richard D. Morford was hired as Managing Director at ZRG Partners, LLC, working out of the ZRG Corporate Headquarters in Rochelle Park, New Jersey. Previously, he was Principal, RSVP Group US, Inc. (April, 2008 – August, 2015); Principal, Edward W. Kelley & Partners (September, 2007 – April, 2008); Client Partner, Korn/Ferry International (April, 2005 – September, 2007); VP Sales & Marketing, DSM Fine Chemicals (1996 – 2002); General Manager, Tire & Rubber Chemicals, (1984 – 1996); Technical Sales Representative, FMC BioPolymer (August, 1982 – September, 1984). Languages: French. Education: Fairleigh Dickinson University-Florham Campus, MBA, Chemical Marketing (1980 – 1985); Brown University, AB, Biological Sciences (1971 – 1975).

Derek Nutley was promoted to Senior Relationship Manager at Funding Circle US, San Francisco, California. He joined the firm May, 2014, as Business Development Manager, Broker Market.  Previously, he was Strategic Account Manager, CHG-MERIDIAN (February, 2012 – May, 2014); Strategic Account Manager, Lenovo Financial Services (October, 2010 – December, 2011); Strategic Account Manager, ECS UK Plc, technology finance division of the Société Générale, Banking Group (September, 2008 – October, 2010); Sales Manager, Syscap (June, 2001 – July, 2008). Languages: Afrikaans. Education:
Hopwood Hall College, Advanced Diploma in Marketing (1997 – 1999);
Stirling High School, Matric Exemption (1990 – 1994); Stirling Primary School (1985 – 1989). 

Jessica (Appleby) Rascionato was hired as Head of Portfolio Management for Corporate Bank, Citizens Bank, based in Boston, Massachusetts, "responsible for overall underwriting and ongoing portfolio management of the bank’s middle market and mid-corporate and industry verticals businesses."  Previously, she was with GE Capital, starting in 2002 as Associate, Underwriting, GE Capital Structured Finance Group; promoted 2004 as Assistant Vice President, Underwriting, GE Capital Aviation Services (GECAS); promoted to Vice President Underwriting.  January, 2010, promoted to Risk Manager, Underwriting, GE Capital; June, 2012, Industry Verticals Risk Leader; promoted February, 2014, Chief Credit Officer, Corporate Finance Equipment, GE Capital.  Previously, she was Assistant Treasurer, Leveraged Finance Group Mizuho Corporate Bank (1998-2000); Bilingual Credit Analyst, Foreign Corporate Group, Societe Generale (1997 – 1998). Languages: English, French, Italian, Russian. Volunteer Experience & Causes: Norwalk Open Door Shelter Annual Adopt-a-Family Gift Campaign, Norwalk Open Door Shelter, December 2012 – Present. Social Services Volunteer, Email PenPal with 5th Grade Students, GE Capital ePALs Program (September, 2010 – Present). Volunteer, Jefferson Science Magnet School, September 2010. Education: Columbia University - Columbia Business School, MBA, Finance (2000 – 2002). Georgetown University, BS, French (1991 – 1995). Université Lumière (Lyon II), N/A, Art History (1993 – 1994). Marshwood High School (1987 – 1991).

Steven Schuit was hired as Director of Underwriting, EverBank Commercial Finance.  Previously, he was Vice President, Portfolio Webster Business Credit Corp. (June, 2012 – July, 2015); Senior Consultant, Management Services Consultants LLC (2009 – 2012); Vice President, Healthcare Finance Group (2007 – 2009); Vice President,  Senior Team Leader, CIT Group, Inc. (2000 – 2007); Assistant Vice President, Congress Financial Corporation (1996 – 2000). Education: Adelphi University, Bachelors of Business Administration, Accounting (1986 – 1989). Activities and Societies: Secretary - Accounting Society 1988/1989 Recipient, Geico Achievement Award (1988).

Ronnie Sussman was hired as Underwriter EverBank Business Credit. Previously, she was Business Development Officer, Coral Capital Solutions (December, 2013 – July, 2015); Vice President, Business Development, Star Funding, Inc. (September, 2012 – November, 2013); Director, Publishing Analytics, Director, Direct to Customer Marketing, Wolters Kluwer Health (2010 – 2012); Vice President, Marketing, National City Bank (2008 – 2009); Vice President, Marketing Commercial Retail Finance, LaSalle Bank/ABN AMRO Bank N.V. (2004 – 2008); Vice President, Business Development Factoring Division, GMAC (2003 – 2004); Director Business, Development, Business Development Manager, Platinum Funding Corp. (2000 – 2003); Business Planning Manager/ Account Finance Manager/ Category Management, Nabisco Biscuit Company (1995 – 2000). Organizations: Turnaround Management Association, NY Chapter, Commercial Finance Association; NY Chapter, Association for Corporate Growth; NY Chapter, International Factoring Association, Beta Gamma Sigma Honor Society, Women in Commercial Finance, CFA Committee Member. Education: Rollins College - Crummer Graduate School of Business, Master of Business Administration (M.B.A.), Finance, Business Management, Dual Concentration, 4.0. Valedictorian. Activities and Societies: Beta Gamma Sigma Honor Society. Cornell University, Bachelor of Science (B.S.), Business Management. Dean's List.

David R. Young was hired as Enterprise Sales Director, eOriginals, Baltimore, Maryland. He previously was "...Vice-President of Sales and Business Development for North America, Europe, and Latin America for MasterCard Advisors. Prior to his time with MasterCard, Young held executive sales positions with FICO, Fannie Mae and Standard & Poor’s...He holds a Bachelor’s of Science in Business Administration/Marketing from State University of New York at Oswego.”



Oregon's Mark Wada Joins 25 Most Influential Lawyers
in Equipment Finance and Leasing

Mark Wada, founding shareholder of the Portland, Oregon law firm Farleigh Wada Witt, has been listed in Oregon Super Lawyers for the tenth consecutive year in the specialty area of banking and finance. And for the seventh year in a row Mark was selected by his peers for inclusion in The Best Lawyers in America for banking and finance law. Mark has expertise in representing banks, commercial lenders, equipment lessors, private equity funds, and other financial service providers. Representation of lenders in commercial loans and leases to high tech companies, including intellectual property security agreements and warrant terms. Representation of numerous commercial lenders and lessors in workouts, collateral liquidations, collection matters and sales of individual loans and portfolios.

In 2010, he was appointed to serve a three-year term on the Equipment Leasing and Finance Association Legal Committee. He is past-president of the Oregon Law Foundation and Campaign for Equal Justice, and has served as a member of the Executive Committee of the Oregon State Bar Debtor-Creditor Section, the Board of Directors of the Multnomah Bar Association, as well as its treasurer, representative to the American Bar Association House of Delegates, and the Board of Directors and Executive Committee of the United Cerebral Palsy Association of Oregon and Southwest Washington.

List to Date

Stewart Abramson
Andrew Alper

Thomas V. Askounis

Julie Babcock
Joe Bonanno, CLFP
Bill Carey
James Coston, CLFP
Jonathan Fleisher
Kenneth Charles Greene, Esq.
Michael A. Leichtling
Malcolm C. Lindquist 
Barry Marks, Esq., CLFP
David G. Mayer
Frank Peretore
John G. Sinodis 
Ellen Michelle Stern
Mark Stout
Kevin Trabaris
Michael J. Witt
Irwin Wittlin

Our Legal Editor, Tom McCurnin, has recused himself
from any nominations.

Leasing News is looking for nominations for the Top 25 most preeminent lawyers in the finance and leasing business who are still active. This is not a popularity contest or who was the most beneficial, but most influential. We would like a nomination and a minimum of a paragraph of the reasons you consider this person one of the top 25.

"Influential" as "a person whose actions and opinions strongly influence the course of events." "Preeminent" is "eminent above or before others; superior; surpassing:" {Online Dictionary}

Please email nominations to


Leasing Industry Help Wanted


Press Release    
WE'RE HIRING at Our Minneapolis Headquarters
Credit Manager
This position will be responsible for underwriting small ticket working capital applications up to $250,000 in a fast paced and high volume environment. The candidate will make independent decisions on commercial credit applications through evaluation of business and personal credit reports, financial statements and other credit information. More
Collections Representative
This position will function as the primary contact for customer concerns regarding loan collection issues. The candidate will act as a liaison between the customer, Channel Partners Capital and 3rd Party Collection Agencies. More
Please email cover letter and resume to:

Join Our Incredible Sales Team

The right candidate will have 5+ years of sales experience in the equipment finance industry, current relationships and opportunities, and experience originating, building, and managing vendor programs. For more information, and to find out if Quail is a good fit for you,
click here.

For information on placing a help wanted ad, please click here:

Please see our Job Wanted section for possible new employees.


Leasing Conferences 2015
Save the Date 



2015 Eastern Regional Meeting
September 11-12, 2015
Atlanta Marriott Marquis
Atlanta, GA


360 Equipment Finance
Amerisource Funding
Bankers Capital
Blue Bridge Financial LLC
Bryn Mawr Funding
Channel Partners Capital
CLFP Foundation
Equipment Data Associates (EDA)
Financial Pacific Leasing, Inc.
First Federal Leasing
Fora Financial
Huntington Technology Finance
Marlin Business Services Corp.
Maxim Commercial Capital
NCMIC Finance Corporation
North Mill Equipment Financing LLC
Pacific Western Equipment Finance
Pawnee Leasing Corporation
Preferred Business Solutions
Quality Leasing Co., Inc.
RLC Funding
TEAM Funding Solutions
TradeRiver USA
VFI Corporate Finance
World Business Lenders

In addition, non-members who attend will get 50%
of Conference Registration Fee towards the cost of dues
if they join NAELB with 30 days of the conference.

Registration Fees:
Broker Member: $125.00
Additional Broker Member: $115.00
Associate Member: $260.00
Additional Associate Member: $200.00
Funder Member: $260.00
Additional Funder Member: $200.00

Broker Non-Member: $200.00
Associate Non-Member: $360.00
Funder Non-Member: $360.00

Dwight Galloway
SVP Broker Funding
RLC Funding
Columbia, South Carolina

Dwight Galloway will be covering the conference for
 Leasing News with a report to follow for readers not attending..

"Registration is now open to join your fellow leasing professionals for the NAELB 2015 Eastern Regional Meeting to be held September 11th and 12th in Atlanta, Georgia. With one and a half days of educational sessions, exhibits and networking, the Eastern Regional Meeting is a wonderful opportunity to connect with your peers and learn new and innovative ways to grow your business."


Partial Agenda:

Panel will include: Matt Evans, Marks & Associates, P.C., Brian Huey, LeaseSource Financial Services, Inc., Joe Leonard, Oakmont Capital Services, Mike Miller, NCMIC Finance Corporation, Matt Mosley, Financial Pacific Leasing, Inc.

      Sheri Bancroft, Mike Parker and Pete Sawyer, NAELB Board Members

Scott Wheeler, Wheeler Business Consulting
Author of “Call to Action”
His new book will be available to purchase

Jacklynn Manning, Fora Financial

Panel will include: Chuck Brazier, TradeRiver USA (Supply Chain Finance), Beth Malin, Pinnacle Specialty Capital (Factoring and Purchase Order Finance), Jeff Schubert, RapidAdvance (Working Capital Loans) and Chris Mitchell, Hitachi Business Finance (Asset Based Lending) This session will introduce the equipment professional to a myriad of alternative forms of financing and show how these products can benefit both the equipment finance professional and their clients. Each of the lenders on this panel has a different solution for helping a client’s cash flow. They will highlight opportunities for increasing the broker’s revenue and enhancing the overall client relationship by positioning the broker as a single source for all of their client’s financial needs, while simultaneously providing additional options to help close more equipment deals. Presenters will be given 10 minutes each to discuss the products in a purely informational format and ten minutes for questions will be provided.

Chris Knauf, Knauf Consulting & Joe Upson, Heritage Global Capital
This session will provide comprehensive, educational information to assist you in closing more transactions by teaching you to prepare solid packages and submitting them to funders in formats that will better guarantee approvals. Topics will include help in identifying funder specialties, required documents and formats. The second portion of this session will provide
detailed information to help you become more knowledgeable in analyzing financial statements.



Canadian Finance and Leasing Association
 Annual Conference 2015
September 16 - 18, 2015
Gatineau - Ottawa

Hugh Swandel
Senior Managing Director - Canada
The Alta Group

Hugh Swandel, who will be making a presentation at
the conference, will be writing a report for Leasing News readers/



Hilton Hotel Registration





The Women in Leasing LinkedIn Group would like to cordially invite you to our October luncheon at Season’s 52 in Buckhead (Atlanta), Georgia on Wednesday October 7th, from 1:00pm – 3:30pm. The lunch is being co-sponsored by ECS Financial Services and Financial Pacific Leasing.

Space is limited to 40 attendees so if you would like to attend please RSVP no later than September 15th to Shari Lipski at 847.897.1711 or via email

If you plan on attending the 2015 NEFA Funding Symposium, the restaurant is about two miles from the host hotel. 

2015 Funding Symposium
10/7/2015 to 10/9/2015
Wed through Friday
J W Marriott Atlanta Buckhead Hotel
3300 Lenox Road Northeast
Atlanta, Georgia  30326
United States
Contact: Kim King
Phone: 847-380-5053

Full Information including pricing, schedule, and reservation:


Dwight Galloway
SVP Broker Funding
RLC Funding
Columbia, South Carolina

Dwight Galloway will be covering the conference for
 Leasing News with a report to follow for readers not attending.



2015 54th Annual Convention
10/25/2015 - 10/27/2015
JW Marriott Hill Country
San Antonio, TX

703 individuals signed to attend to date with 
seven weeks to go.


Brochure with Schedule of Events

Keynote Speakers

ELFA President and CEO Woody Sutton invites you 
to connect, engage and grow in San Antonio! (1:43)


The 2015 Fall Conference will be held at the Loews Don CeSar Hotel in St. Pete Beach, FL on November 4 through November 6, 2015. 



2015 Western Regional Meeting
November 13-14, 2015
Doubletree by Hilton Anaheim - Orange County
Anaheim, CA



71st Annual Convention
November 11 - 13, 2015
JW Marriott Austin
Austin, TX

More Information



EXPO NJ Super Regional
11/15/2015 to 11/16/2015

Teaneck Marriott at Glenpointe
100 Frank Burr Blvd
Teaneck, New Jersey  07666
United States  

 Kim King, NEFA Sr. Association Coordinator 
 Phone: (847) 380-5053



ELFA Release Two Financial Models
on Two Proposed Lease Accounting Changes

The Equipment Leasing and Finance Association has released two Lease Capitalization Calculators. These are available that calculate the estimated impact of applying the proposed new lease accounting rules for lessees. One is a FASB version and one is an IASB version.

It appears the FASB model will be adopted in the United States and the IASB in Europe basically.  How this affects international companies working in both geographies is yet to be determined.




Beige Book Says US Economy Still Growing
Time Period is Just Before Stock Market Decline

The Beige Book is published two weeks before each Fed policy announcement and forms some of the basis for discussion about the economy at the two-day Federal Open Market Committee meeting. The report was concluded on August 24 and misses the downside of the global stock market.

Good News: The period before the turmoil shows continued growth with the economy expanding.


Banking and Finance
"Reports on banking activity were mostly positive during the reporting period. Overall loan demand increased in most reporting Districts, with the exception of mixed demand in Chicago and steady demand in Kansas City. Growth in loan activity in other Districts ranged from slight in Richmond to moderate in Philadelphia and St. Louis. Though contacts in Atlanta reported moderate growth, bankers in some parts of the District reported a slowdown in lending tied to the energy sector. Commercial and industrial loan demand improved in Philadelphia, Cleveland, and St. Louis, though it was categorized as steady in Kansas City and Dallas and mixed in Richmond...Credit conditions remained stable or improved across Districts. Delinquency rates declined across all loan categories in the New York, St. Louis, and San Francisco Districts. Credit standards were largely unchanged, with a few exceptions in the Richmond and St. Louis Districts who noted tightening standards. Contacts in Boston, Atlanta, and Chicago, reported competition among lenders for loans. Bankers in New York, Cleveland, and San Francisco reported narrow net interest margins."


Receivables Management LLC
John Kenny

• End of Lease Negotiations & Enforcement 
• Third-Party Commercial Collections | ph 315-866-1167

(Leasing News provides this ad as a trade for investigative
reporting provided by John Kenny)



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

Community Bank Earnings Rise 12 Percent
to $5.3 Billion, FDIC Reports

  • Net Operating Revenue of $172.9 Billion is 2.1 Percent Higher Than a Year Ago
  • Asset Quality Indicators Show Further Improvement
  • Net Interest Margins Remain Under Pressure

FDIC Chairman Martin J. Gruenberg

"The banking industry — and community banks in particular — had another positive quarter, but challenges remain," FDIC Chairman
Martin J. Gruenberg said.

"Bankers generally reported another quarter of higher earnings, improved asset quality, and increased lending…There were fewer problem banks, and only one bank failed during the second quarter.

"However," he continued, "the low interest-rate environment remains a challenge. Many institutions have responded by acquiring higher-yielding, longer-term assets, but this has left banks more vulnerable to rising interest rates and that is a matter of ongoing supervisory attention."

Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported aggregate net income of $43.0 billion in the second quarter of 2015, up $2.9 billion (7.3 percent) from a year earlier and the highest quarterly income on record. The increase in earnings was mainly attributable to a $3.6 billion rise in net operating revenue (net interest income plus total noninterest income). Financial results for the second quarter of 2015 are included in the FDIC's latest Quarterly Banking Profile released today.

Of the 6,348 insured institutions in the second quarter of 2015, more than half (58.7 percent) reported year-over-year growth in quarterly earnings. The proportion of banks that were unprofitable during the second quarter fell from 6.8 percent a year earlier to 5.6 percent, the lowest since the first quarter of 2005.

Highlights from the Second Quarter
2015 Quarterly Banking Profile

Net Operating Revenue of $172.9 Billion is 2.1 Percent Higher Than a Year Ago: Loan growth helped lift revenue at most banks, as net interest income rose $2.4 billion (2.3 percent) compared to the second quarter of 2014. Noninterest income was $1.2 billion (1.9 percent) higher as servicing income increased $1.8 billion (63.9 percent) and trading income fell $904 million (14.1 percent).

Community Bank Earnings Rise 12 Percent: The 5,881 insured institutions identified as community banks reported $5.3 billion in net income in the second quarter, an increase of 12 percent from the second quarter of 2014. Net operating revenue of $22.3 billion at community banks was $1.6 billion (8.0 percent) higher than a year earlier.

Asset Quality Indicators Show Further Improvement: Net loan losses declined year-over-year for the 20th consecutive quarter, while noncurrent loan balances declined for a 21st consecutive quarter. Quarterly net charge-offs were $1.1 billion (11.2 percent) lower than a year earlier. The annualized net charge-off rate fell to 0.42 percent from 0.50 percent a year ago and was the lowest quarterly rate since the third quarter of 2006. The amount of loans and leases that were noncurrent (90 days or more past due or in nonaccrual status) declined $8.3 billion (5.4 percent) in the second quarter of 2015.

Net Interest Margins Remain Under Pressure: The average net interest margin (the difference between the average yield on banks' interest-earning investments and the average interest expense of funding those investments) rose to 3.06 percent in the second quarter from 3.02 percent in the first quarter, but remained below the 3.15 percent average in second quarter 2014. Average margins at community banks of 3.57 percent in the second quarter were up from 3.54 percent in the first quarter, but down from 3.61 percent in second quarter 2014.

Loan Growth Remains Steady: Total loan and lease balances increased $185 billion (2.2 percent) during the second quarter. For the 12 months ended June 30, loans and leases increased $437.8 billion (5.4 percent). At community banks, loan balances rose 2.7 percent during the second quarter of 2015 and increased 8.8 percent during the past 12 months.

"Problem List" Continues to Shrink: The number of banks on the FDIC's Problem List fell from 253 to 228 during the second quarter. This is the smallest number of problem banks in nearly seven years and is down dramatically from the peak of 888 in the first quarter of 2011. Total assets of problem banks fell from $60.3 billion to $56.5 billion during the second quarter.

Deposit Insurance Fund (DIF) Rises $2.3 Billion to $67.6 Billion: The DIF increased from $65.3 billion in the first quarter to $67.6 billion in the second quarter, largely driven by $2.3 billion in assessment income. The DIF reserve ratio rose from 1.03 percent to 1.06 percent during the quarter.

Full Report with Spreadsheets:

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


Leasing News: Labor Day Special
By Fernando Croce

With Labor Day coming up next week, we at Leasing News offer a cinematic salute to every man and woman who ever endured a particularly harrowing day at the office. Check out these vintage and modern classics at Netflix.

Metropolis (Fritz Lang, 1927): This silent classic is not only the most influential science-fiction feature ever produced, but also a sort of Holy Grail for serious movie lovers. Ever since it first came out, Fritz Lang's peerless vision of a futuristic society torn between palatial surfaces and oppressed masses has been released in several different versions, none of them quite approaching the entirety of the master director's original version. Thankfully, the latest DVD releases have pieced it back to almost entirely its original length, giving modern audiences a full view of this magnificent tale of visionary struggle. The story features a mad inventor (Rudolf Klein-Rogge) who creates a robotic replica of a prophetess (Brigitte Helm), though the real stars of the film are the astonishing visuals. Watch it, and see where "2001: A Space Odyssey," "Star Wars" and "Blade Runner" came from.

Picnic (Joshua Logan, 1955): Labor Day weekend provides the backdrop for this popular romantic drama, remembered largely for the chemistry between its stars and for its haunting "Moonglow" theme. Based on the play by William Inge, the story takes place in a small Kansas town that's set aflutter by the arrival of handsome drifter Hal Carter (William Holden). While meeting his old fraternity friend (Cliff Robertson) and searching for a new job over the course of the picnic festivities, Hal affects the townspeople in various ways, from the melancholy housewife (Betty Field) to the spinsterish schoolteacher (Rosalind Russell). Most tellingly, he catches the eye of town beauty Madge Owens (Kim Novak). Directed by stage veteran Joshua Logan ("South Pacific"), the movie's vision of lost dreams and youthful rebellion continues to cast a spell.

9 to 5 (Colin Higgins, 1980): Sisters are doin' it for themselves in this beloved comedy, which features three very enjoyable lead performances. Set mainly in a shared corporate office, the story follows the misadventures of a trio of co-workers, Judy (Jane Fonda), Violet (Lily Tomlin), and Doralee (Dolly Parton) struggling in a business filled with back-stabbing and macho bravado. Expected to compete ruthlessly against each other, they instead become close friends and even share their fantasies of getting even with their sleazy boss, Franklin (Dabney Coleman). When a mix-up causes the kidnapping of the boss, the women use his absence to improve work conditions and prove their own leadership skills. Featuring a series of humorous complications as well as Parton's hit song, the movie is an engaging slice of 1980s girl-power.

Erin Brockovich (Steven Soderbergh, 2000): The same year he delivered his Oscar-winning "Traffic," prolific jack-of-all-trades Steven Soderbergh also directed this crowd-pleasing drama based on the real-life story of crusading legal clerk and environmentalist Erin Brockovich. Julia Roberts received a Best Actress Academy Award for her portrayal of Brockovich as a plucky woman determined to get to the bottom of her most important case, representing struggling families on a class action lawsuit against the Pacific Gas and Electric Company. While looking high and low for evidence for her case, Erin must also deal with her tetchy boss Edward (Albert Finney) and be there for her family, including her new beau George (Aaron Eckhart). Crafted with the kind of verve and style often missing from standard biopics, Soderbergh's film is a rousing portrait of working-class perseverance.

Up in the Air (Jason Reitman, 2009): A director with a knack for turning social issues into crowd-pleasing, Oscar-nominated hits, Jason Reitman (“Juno”) tackled the economical crisis in this slick, smooth tale of romance and salvation. Dashing and grave as ever, George Clooney plays Ryan, a devout bachelor whose job involves delivering the bad news to downsized corporate employees. He enjoys the perks of his job, until he meets Natalie (Anna Kendrick), a young upstart who threatens his own position, and Alex (Vera Farmiga), the woman who gives him a taste of his own medicine. Will Ryan reconsider his own attitudes, or will he plunge deeper into a life of suave cynicism? Though taking place in the midst of tough financial times, the movie’s spirits remain high and breezy, making it a Hollywood romantic comedy with a message.


Labrador Retriever
Kailua Kona, Hawaii  Adopt-a-Dog

ID 126434
42.8 lbs.
Color: Black/Gray
Age: 10 Years Old
Healthy Adoptable Dog
Animal Location: Kona

Hawaii Island Humane Society
74-5225 Queen Kaahumanu Highway
Kailua Kona Hawaii 96740

Kona Shelter
Hours of operation: 9 a.m. to 5:30 p.m.
Monday through Saturday.
Closed Sunday's and Holidays.

Physical: HAWAII ISLAND HUMANE SOCIETY, 74-5225 Queen Kaahumanu Hwy., Kailua Kona, HI 96740
Directions: The Kona shelter is located across from the Police station, next to the Kealakehe Refuse station. If you are approaching from the north, we are located one stop light south of the Harbor. If approaching from the South, we are located the next intersection past Kona Commons. If you would like additional directions, feel free to call the Kona shelter at 329-1175.

Phone number(s):
Main: 808-329-1175
Fax: 808-329-4618

E-mail address(es):


Adopt a Pet



News Briefs----

TAB Bank Acquires $54M Trucking Equipment Loan Portfolio From Crossroads Equipment Lease and Finance, LLC

Markets are turbulent, but mortgage rates stay about the same\id=Top_Financial%20News%20Center_link_1

Elon Musk reveals Tesla’s mass-market electric car will cost just $35,000

Walmart via Sam's Club Gets into Car-Selling; 3-day return policy for members’ peace of mind; Powered by TrueCar 10,000 certified dealers

U.S. Smartphone Subscriber Market Share comScore Reports July 2015




--You May Have Missed It

U.S. and World Population Clock
Statistics Availabe for more than 200 Countries



SparkPeople--Live Healthier and Longer

Not-Fried Shrimp with Japanese Cocktail Sauce


Baseball Poem

by Rudyard Kipling

If you can keep your head when all about you 
Are losing theirs and blaming it on you; 
If you can trust yourself when all men doubt you,
But make allowance for their doubting too;
If you can wait and not be tired by waiting,
Or, being lied about, don't deal in lies,
Or, being hated, don't give way to hating,
And yet don't look too good, nor talk too wise;

If you can dream - and not make dreams your master;
If you can think - and not make thoughts your aim;
If you can meet with triumph and disaster
And treat those two imposters just the same;
If you can bear to hear the truth you've spoken
Twisted by knaves to make a trap for fools,
Or watch the things you gave your life to broken,
And stoop and build 'em up with wornout tools;

If you can make one heap of all your winnings
And risk it on one turn of pitch-and-toss,
And lose, and start again at your beginnings
And never breath a word about your loss;
If you can force your heart and nerve and sinew
To serve your turn long after they are gone,
And so hold on when there is nothing in you
Except the Will which says to them: "Hold on";

If you can talk with crowds and keep your virtue,
Or walk with kings - nor lose the common touch;
If neither foes nor loving friends can hurt you;
If all men count with you, but none too much;
If you can fill the unforgiving minute
With sixty seconds' worth of distance run -
Yours is the Earth and everything that's in it,
And - which is more - you'll be a Man my son!

Rudyard Kipling (1865-1936)

Kipling is said to have written the poem 'If' with Dr Leander Starr Jameson in mind, who led about five-hundred of his countrymen in a failed raid against the Boers, in southern Africa. The 'Jameson Raid' was later considered a major factor in starting the Boer War (1899-1902).



Sports Briefs----

Tom Brady’s Four-Game N.F.L. Suspension Erased by Judge

Roger Goodell, NFL suffered 'complete loss' say members of the legal community

Giants' pitcher Tim Lincecum has surgery on left hip

Jon Gruden has feeling Raiders will be in L.A. next season

Colin Kaepernick needs to pick up the pace

Exclusive: Latest Raiders stadium plan for Oakland violates team's 'terms and conditions' for deal




California Nuts Briefs---

California farm revenue grew in 2014
  despite drought 

Red Rock Island now yours for only $5M
  in San Francisco Bay


“Gimme that Wine”

Vintage Wine Estate buys Rutherford winery

Can Champagne Regain #1 Market Position as
  World's Most Consumed Sparkling Wine?

Rosé goes viral. Is that a bad thing?

Napa Film Fest to Open With Wine Doc 'Somm: Into the Bottle'

Free Mobile Wine Program

Wine Prices by vintage

US/International Wine Events

Leasing News Wine & Spirits Page


This Day in American History

      1609 - Navigator Henry Hudson discovers island of Manhattan.
    1645 - The first Lutheran church was dedicated by the Reverend Johannes Campanius at Christina (Tinicum Island), near the present site of Essington, PA. Before the church was built, Campanius had conducted services in a small blockhouse at Fort Goteborg.
    1778 – The City of Amsterdam, The Netherlands signed a trade agreement with the American rebels.
    1781 - Los Angeles, California was founded. The Mexican Provincial Governor, Felipe de Neve, founded El Pueblo de Nuestra Senora la Reina de Los Angeles, originally named Nuestra Senora la Reina de Los Angeles de Porciuncula, by Gaspar de Portola, a Spanish army captain and Juan Crespi, a Franciscan priest, who had noticed the beautiful area as they traveled north from San Diego in 1769. El Pueblo de Nuestra Senora la Reina de Los Angeles translates into the Village of our Lady, the Queen of the Angels ... People who live there call it: L.A. for short. And you are from West L.A. or Downtown L.A., South L.A., or North Hollywood.
(Lower half of: )
    1802 - Birthday of Marcus Whitman (1802-47) in Federal Hollow, NY.  American Presbyterian and pioneer medical missionary. In 1836, his family became the first whites to reach the Pacific coast by wagon train. Whitman and his wife Narcissa were murdered by the Cayuse Indians in present-day Washington State in 1847.
    1803 - Sarah Childress Polk’s (1803-91) birthday in Murfreesboro, TN.  Considered shrewd and ambitious, layered with charm and backed by a politically powerful family that paved the way for her husband, James, to become President of the U.S., she was his closest advisor. One of the first things she did as First Lady was immediately ban dancing at White House functions. For four years no one danced one step there and she was admired greatly by official Washington society. She attended the South's most outstanding school for girls. She is recognized by many as a powerful influence on President Polk’s official decisions.
    1807 – Robert Fulton began the commercial operation of his steamboat.
    1813 - "The Religious Remembrancer" (later renamed "The Christian Observer") was first published in Philadelphia. It was the first weekly religious newspaper in the U.S. and in the world.
    1846 - Birthday of Daniel Burnham (1846-1912), American architect and city planner, at Henderson, NY. Burnham was an advocate of tall, fireproof buildings, probably the first to be called “sky-scrapers”. In 1909, he proposed a long-range city plan for Chicago, IL, that was a key factor in the “forever open, dear and free” policy which resulted in Chicago having the most beautiful lakefront of any major city in the US.
    1848 - Birthday of Lewis H Latimer (1848-1928) in Chelsea, MA.  African-American inventor and engineer.  In 1874, he co-patented (with Charles W. Brown) an improved toilet system for railroad cars called the Water Closet for Railroad Cars (U.S. Patent 147,363).  In 1876, Alexander Graham Bell employed Latimer to draft the necessary drawings required to receive a patent for Bell's telephone.  In 1879, he was hired as assistant manager and draftsman for the U.S. Electric Lighting Company, a company owned by Hiram Maxim, a rival of Thomas Edison.  Latimer received a patent in January 1881 for the "Process of Manufacturing Carbons", an improved method for the production of carbon filaments used in light bulbs.  The Edison Electric Light Company in New York City hired Latimer in 1884, as a draftsman and an expert witness in patent litigation on electric lights. Latimer is credited with an improved process for creating a carbon filament at this time, which was an improvement on Thomas Edison's original paper filament, which would burn out quickly.
    1862 – General Robert E. Lee crosses the Potomac and enters Maryland. It is his mission to bring the war to North in the North, gain the sympathy of the growing population who wants “peace”, “negotiations,” and his main thrust is to take the White House as the British did in the War of 1812. President Lincoln had named General Henry W. Halleck on July 12 to be Commander-in-Chief of the Union armies. Known as “Old Brains” due to his West Point education, author of military strategy and administration, Halleck graduated third in his class, 1839 (Lee graduated second in his class, 1929). Before the war, he had been a successful California attorney and admired by Lincoln, also an attorney. Lincoln was one of his biggest supporters. Lee was not, and knew him to be a very conservative, “by the book” man, which he was, and was held in great disdain by the other Union generals, especially after his lack of defense of Washington.  The war went very badly under his command; in fact, Lincoln was not expected to be re-elected President and it was not until he appointed General U.S. Grant as Commander-in-Chief that the war turned around. Lee, with his limited resources and much smaller, not very well equipped troops…many toward the end of the war without shoes and army uniforms, meaning they also wore the same clothes for months, dwindling provisions…were bringing the war to the North, winning the war, until the Confederates stumbled into Union troops in Gettysburg on their march to Washington. Grant quickly re-grouped, the Confederates had definite communications problems and General Longstreet lost his nerve. With Grant in charge, who’s main plan to was to cut the South off by ocean, river, and major highway from food, commerce, and re-enforcements, and with Naval blockades run by a 63 year old fearless Admiral Farragut and a ruthless General Sherman, the tide of the war turned in favor of the Union. Halleck was one of the main reasons General George McClellan ran as the Democratic nominee against Lincoln in 1965, as Halleck had maneuvered McClellan from his job. This also further politically cemented Lincoln's backing of his Commander-in-Chief. This site gives the best background on why this day is so important in Civil War history as it formed the Southern strategy of the war:
    1864 - Bread riots in Mobile, Alabama, as food was scarce and women
took to the streets for bread and other food. Also hit very hard were
Union soldiers held in Confederate prisons as many starved to death.
    1866 – The first dally newspaper in Hawai’i began publishing.
    1869 - First westbound train arrives in San Francisco.
    1873 - Regular Cable Car service begins on Clay Street in San Francisco by the North Beach and Mission Railway.
    1882 - The first successful electric generator was put in operation, Jumbo No. 1, a direct-current steam dynamo, which was built in 1881 by the Edison Machine Works, Goerck Street, New York City. It weighed 27 tons, 6 tons of which was the armature. When the armature was air-cooled, the dynamo's capacity was 700 lamps of 15-candlepower each. That same Saturday evening, the Edison Electric Illuminating Company of 257 Pearl Street, New York City turned on its one engine, which generated power for 800 electric light bulbs. Within 14 months, the service had 508 subscribers and 12,732 bulbs.  This is considered by many as the day that began the electrical age.
    1883 - Ten year old Barney Flaherty, according to history, became the first “newsboy” in the US by answering the following classified advertisement which appeared in the New York Sun: “to the unemployed—a number of steady men can find employment by vending this paper. A liberal discount is allowed to those who buy to sell again.”
    1885 - The first self-service restaurant opened at 7 New York Street, New York City, opposite the New York Stock Exchange. It was called the Exchange Buffet.
    1886 - Geronimo, the inveterate Apache raider along the Mexican border, surrendered to Gen. Nelson A. Miles in Arizona. All the Chiricahua Apaches were then resettled in Florida as war prisoners. They were relocated to Fort Sill, Oklahoma in 1894.
    1888 - George Eastman of Rochester, NY, received a patent for a fix-focus box camera that had a lens fast enough to make instantaneous exposures. What made it so unique is it used a “roll of film” of 1000 exposures and took a round picture 2.5 inches in diameter. It also did not require a table or tripod for support.
    1905 - Pianist Meade Lux Lewis (1905-64) birthday, Chicago.
    1908 - Richard Wright’s (1980-60) birthday, Roxie, MS.  One of my favorite authors, whose work including “Native Son”, “Uncle Tom's Children”, and “Black Boy”. Perhaps one, if not “the” number one, most powerful of American writers.
    1916 – Two future Hall of Famers hung ‘em up for good…Christy Mathewson and Mordecai “Three Finger” Brown.  Cincinnati player-manager Mathewson, pitching his only game not in a Giants uniform, beat his long-time nemesis Brown and the Cubs, 10-8.
    1917 – Henry Ford II (1917-87) was born in Detroit, the eldest grandson of Henry Ford.  He was president of the Ford Motor Company from 1945 to 1960, chairman and CEO from 1960 to 1979, and chairman for several months thereafter. Notably, under the leadership of Henry Ford II, Ford Motor Company became a publicly traded corporation in 1956.  He is credited with opening Ford’s leadership to more modern techniques in –place of the existing good ole boy hierarchy that had become an impediment to growth and modern methods.  He also established the “Whiz Kids”, ten younger, bright up-and-comers, gleaned from an Army Air Forces statistical team, giving the company the ability to innovate and stay current. Two of them, Arjay Miller and Robert McNamara, went on to serve as presidents of Ford themselves. A third member, J. Edward Lundy, served in key financial roles for several decades and helped to establish Ford Finance's reputation as one of the best Finance organizations in the world.
    1918 - Birthday of Gerald Wilson (1918-2014), Selby, MS.  Great jazz arranger, teacher at UCLA. We used to see his band play in Los Angeles often, and he was ahead of his time.
    1918 – Paul Harvey (1918-2009) was born in Tulsa, OK.  A conservative American radio broadcaster for ABC Radio, he broadcast “News and Comment” on weekday mornings and mid-days, and at noon on Saturdays, as well as his famous “The Rest of the Story” segments. From the 1950s through the 1990s, Harvey's programs reached as many as 24 million people a week. “Paul Harvey News” was carried on 1,200 radio stations, 400 Armed Forces Network stations and 300 newspapers.
    1919 – Eddie Waitkus (1919-72) was born in Cambridge, MA.  Just a few years into the start of what seemed a very promising Major League career, Ruth Steinhagen, an obsessed fan, shot Waitkus at Chicago’s Edgewater Beach Hotel on June 14, 1949, in one of the earliest recognized cases of criminal stalking. Bernard Malamud wove this incident into his book, “The Natural” that became a movie of the same name starring Robert Redford.  Barbara Hershey played a crazed fan who shot Redford’s character early in his career.
    1923 – The maiden flight of the first U.S. airship, the USS Shenandoah. It was assembled at the Lakehurst, NJ Naval Air Station from parts manufactured at a Navy factory in Philadelphia.  It crashed in a storm in Ohio in 1925.
    1928 - Wingy Manone recorded "Downright Disgusted" for Vocalion Records. Playing drums for Wingy was a young sideman named Gene Krupa.
    1941 - The New York Yankees won their 12th American League baseball pennant. This was the earliest any American League team had clinched the title.
    1941 - A German submarine made the first attack against a United States ship, the USS Greer, a destroyer, in the north Atlantic. Although the sub attack did not result in a hit, there is debate as to which side fired first.
    1942 - Singer Merald “Bubba” Knight of Gladys Knight and The Pips was born in Atlanta, Georgia.
    1943 - HUTCHINS, JOHNNIE DAVID, Medal of Honor.
Rank and organization: Seaman First Class, U.S. Naval Reserve. Born: 4 August 1922, Weimer, Tex. Accredited to: Texas. Citation: For extraordinary heroism and conspicuous valor above and beyond the call of duty while serving on board a Landing Ship, Tank, during the assault on Lae, New Guinea, 4 September 1943. As the ship on which Hutchins was stationed approached the enemy-occupied beach under a veritable hail of fire from Japanese shore batteries and aerial bombardment, a hostile torpedo pierced the surf and bore down upon the vessel with deadly accuracy. In the tense split seconds before the helmsman could steer clear of the threatening missile, a bomb struck the pilot house, dislodged him from his station, and left the stricken ship helplessly exposed. Fully aware of the dire peril of the situation, Hutchins, although mortally wounded by the shattering explosion, quickly grasped the wheel and exhausted the last of his strength in maneuvering the vessel clear of the advancing torpedo. Still clinging to the helm, he eventually succumbed to his injuries, his final thoughts concerned only with the safety of his ship, his final efforts expended toward the security of his mission. He gallantly gave his life in the service of his country.
    1949 - The longest pro tennis match in history was played. Pancho Gonzales and Ted Schroeder played 67 games in five sets
    1950 - BROWN, MELVIN L., Medal of Honor.
Rank and organization: Private First Class, U.S. Army, Company D, 8th Engineer Combat Battalion. Place and date: Near Kasan, Korea, 4 September 1950. Entered service at: Erie, Pa. Birth: Mahaffey, Pa. G.O. No.: 11, 16 February 1951. Citation. Pfc. Brown, Company D distinguished himself by conspicuous gallantry and intrepidity above and beyond the call of duty in action against the enemy. While his platoon was securing Hill 755 (the Walled City), the enemy, using heavy automatic weapons and small arms, counterattacked. Taking a position on a 50-foot-high wall he delivered heavy rifle fire on the enemy. His ammunition was soon expended and although wounded, he remained at his post and threw his few grenades into the attackers causing many casualties. When his supply of grenades was exhausted his comrades from nearby foxholes tossed others to him and he left his position, braving a hail of fire, to retrieve and throw them at the enemy. The attackers continued to assault his position and Pfc. Brown weaponless, drew his entrenching tool from his pack and calmly waited until they 1 by 1 peered over the wall, delivering each a crushing blow upon the head. Knocking 10 or 12 enemy from the wall, his daring action so inspired his platoon that they repelled the attack and held their position. Pfc. Brown's extraordinary heroism, gallantry, and intrepidity reflect the highest credit upon himself and was in keeping with the honored traditions of the military service. Reportedly missing in action and officially killed in action, September 5, 1950.
    1950 – The first 500-mile NASCAR race was held at Darlington, the Southern 500.
    1953 - The New York Yankees clinched their fifth consecutive American League pennant, a feat unprecedented in baseball history. Casey Stengel also became the first manager to win five consecutive American League championships. The Yankees went on to defeat the Brooklyn Dodgers in the World Series for their fifth Series crown in a row. I was there and remember losing as I was a Dodger fan and later a Chicago Cub fan.
    1954 - New York Giants (NL) defeated Cleveland Indians (AL) 4 games to 0.     
    1954 - To coincide with the release of his second Sun single, "Good Rockin' Tonight", Elvis Presley, along with Bill Black and Scotty Moore make their first appearance at The Grand Old Opry. Audience reaction is so poor, the Opry's manager, Jim Denny suggests that Elvis go back to driving a truck.
    1954 - Top Hits
“Sh-Boom” - The Crew Cuts
“Hey There” - Rosemary Clooney
“Skokiaan” - Ralph Marterie
“I Don't Hurt Anymore” - Hank Snow
    1954 – “Captain Midnight” premiered on television, starring Richard Webb. It was sponsored by Ovaltine. (“Mom puts it in my milk for extra en-err-geee.”)
   1955 - World Series: Dodgers vs. Yankees   Johnny Podres, Gil Hodges and Sandy Amoros' spectacular fielding make the Brooklyn Dodgers numero uno, smacking our long-time arch-rival New York Yankees in seven great games.  This was the Dodgers’ first World Championship…Next Year finally arrived! 
   1956 - New York Yankees (AL) defeated Brooklyn Dodgers (NL) 4 games to 3. 
    1957 - With the bases loaded and two out in the ninth inning, Eddie Mathews flagged down Bill Skowron's shot down the third-base line, stepped on third base and Milwaukee won the World Series, beating the New York Yankees.
    1957 - Governor Orval Faubus called out the Arkansas National Guard to turn away nine black students who had been trying to attend Central High School in Little Rock. President Eisenhower sent in troops to enforce the law allowing the students to integrate the school.
    1957 - Ford Motor Co introduces the Edsel
    1957 - The Buddy Deane Bandstand debuts on WJZ-TV in Baltimore. The two hour Rock 'n' Roll show gave viewers a chance to call in and talk to celebrity performers, which tied up lines so badly, the phone company was forced to ask Deane to desist. "Hair!"
    1959 - Dick Clark's traveling show, Cavalcade of Stars, opens at the Michigan State Fair. The line-up includes Frankie Avalon, Annette Funicello, Duane Eddy, The Coasters, LaVern Baker and Jan and Dean.
    1962 - Top Hits
“Sheila” - Tommy Roe
“You Don't Know Me” - Ray Charles
“Party Lights” - Claudine Clark
“Devil Woman” - Marty Robbins
     1966 - The Los Angeles Dodgers became the first team in Major League history to draw two million fans at home and two million on the road in the same season when they played the Reds in Cincinnati before a crowd of 18,670.
    1967 - PETERS, LAWRENCE DAVID, Medal of Honor.
Rank and organization: Sergeant, U.S. Marine Corps, Company M, 3d Battalion, 5th Marines, 1st Marine Division. Place and date: Quang Tin Province, Republic of Vietnam, 4 September 1967. Entered service at: Binghamton, N.Y. Born: 16 September 1946, Johnson City, N.Y. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty while serving as a squad leader with Company M. During Operation SWIFT, the marines of the 2d Platoon of Company M were struck by intense mortar, machinegun, and small arms fire from an entrenched enemy force. As the company rallied its forces, Sgt. Peters maneuvered his squad in an assault on any enemy defended knoll. Disregarding his safety, as enemy rounds hit all about him, he stood in the open, pointing out enemy positions until he was painfully wounded in the leg. Disregarding his wound, he moved forward and continued to lead his men. As the enemy fire increased in accuracy and volume, his squad lost its momentum and was temporarily pinned down. Exposing himself to devastating enemy fire, he consolidated his position to render more effective fire. While directing the base of fire, he was wounded a second time in the face and neck from an exploding mortar round. As the enemy attempted to infiltrate the position of an adjacent platoon, Sgt. Peters stood erect in the full view of the enemy firing burst after burst forcing them to disclose their camouflaged positions. Sgt. Peters steadfastly continued to direct his squad in spite of 2 additional wounds, persisted in his efforts to encourage and supervise his men until he lost consciousness and succumbed. Inspired by his selfless actions, the squad regained fire superiority and once again carried the assault to the enemy. By his outstanding valor, indomitable fighting spirit and tenacious determination in the face of overwhelming odds, Sgt. Peters upheld the highest traditions of the Marine Corps and the U.S. Naval Service. He gallantly gave his life for his country.
    1967 – The last episode of "Gilligan's Island", which began its 98-show run on CBS on September 26, 1964, aired. It is still shown in re-runs and remains popular.  Seven people set sail on the Minnow for a three-hour tour and became stranded on an island. They used the resources on the island for food, shelter, and entertainment. The cast included Bob Denver as Gilligan, Alan Hall, Jr. as the Skipper, Jim Backus as Thurston Howell III, Natalie Schafer as Mrs. “Lovey” Howell, Russell Johnson as the Professor, Dawn Wells as Mary Ann and Tina Louise as Ginger Grant, the movie star, begging the eternal question, “Ginger or Mary Ann?”
    1967 - The U.S. 1st Marine Division launches Operation SWIFT, a search and destroy operation in Quang Nam and Quang Tin Provinces in I Corps Tactical Zone (the region south of the Demilitarized Zone). A fierce four-day battle ensued in the Que Son Valley, 25 miles south of Da Nang. During the course of the battle, 114 men of the U.S. 5th Marine Regiment were killed while the North Vietnamese forces suffered 376 casualties.
    1968 – Mike Piazza, the catcher with the most HRs (427) in Major League history, was born in Norristown, PA.  A 12-time All-Star, Piazza has a career slash line of .308/.377/.545, and started 1606 games at catcher. He had at least one RBI in 15 consecutive games for the New York Mets in 2000, the second-longest RBI streak ever.
    1969 - After thirty-one games, the third longest consecutive game hitting streak in National League history ends as Dodger Willie Davis is stopped in a 3-0 loss to the Padres.
    1969 - STOCKDALE, JAMES B. Medal of Honor Rank and organization: Rear Admiral (then Captain), U.S. Navy. Place and date: Hoa Lo prison, Hanoi, North Vietnam, 4 September 1969. Entered service at: Abingdon, Ill. Born: 23 December 1923, Abingdon, Ill. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty while senior naval officer in the Prisoner of War camps of North Vietnam. Recognized by his captors as the leader in the Prisoners' of War resistance to interrogation and in their refusal to participate in propaganda exploitation, Rear Adm. Stockdale was singled out for interrogation and attendant torture after he was detected in a covert communications attempt. Sensing the start of another purge, and aware that his earlier efforts at self-disfiguration to dissuade his captors from exploiting him for propaganda purposes had resulted in cruel and agonizing punishment, Rear Adm. Stockdale resolved to make himself a symbol of resistance regardless of personal sacrifice. He deliberately inflicted a near-mortal wound to his person in order to convince his captors of his willingness to give up his life rather than capitulate. He was subsequently discovered and revived by the North Vietnamese who, convinced of his indomitable spirit, abated in their employment of excessive harassment and torture toward all of the Prisoners of War. By his heroic action, at great peril to himself, he earned the everlasting gratitude of his fellow prisoners and of his country. Rear Adm. Stockdale's valiant leadership and extraordinary courage in a hostile environment sustain and enhance the finest traditions of the U.S. Naval Service.
    1970 - The greatest natural disaster of record for Arizona occurred. Unprecedented rains caused rivers in central Arizona to rise five to ten feet per hour, sweeping cars and buildings as far as 30 to 40 miles downstream. Flooding claimed the lives of 23 persons, mainly campers, and caused millions of dollars damage. Water crested 36 feet above normal near Sunflower, AZ. Workman's Creek was deluged with 11.40 inches of rain in 24 hours to establish a state record. Moisture from Pacific Tropical Storm Norma led to the severe flooding.
    1970 - Top Hits
“War” - Edwin Starr
“In the Summertime” - Mungo Jerry
“(If You Let Me Make Love to You) Why Can't I Touch You?” - Ronnie Dyson
“Don't Keep Me Hangin' On” - Sonny James
    1971 - "The Lawrence Welk Show" was seen for the last time on ABC-TV. ABC felt the show attracted “too old an audience...not good for attracting advertisers.” Syndication allowed the champagne music to continue until 1982 as a weekly favorite for millions of people. Welk charted a half-dozen tunes on the pop music charts between 1956 and 1961, including the number one song, "Calcutta", in 1960. He can be seen daily, in fact,
several times a day, on digital TV.
    1972 - Swimmer Mark Spitz captured his seventh Olympic gold medal in the 400-meter medley relay event at Munich, Germany. Spitz became the first Olympian to win seven gold medals.
    1972 – The Red Sox’ Luis Tiant threw his fourth consecutive shutout, beating the Brewers, 2-0.
    1973 - John Ehrlichman and G. Gordon Liddy were indicted along with two White House officials in connection with the burglary of the office of Daniel Ellsberg's psychiatrist in 1971. The action had been instigated by the so-called White House plumbers' unit, created to stop security leaks, following Ellsberg's release of Pentagon documents to the press.
    1974 – Don Wilson, after pitching eight no-hit innings against the Reds, is pulled for a pinch-hitter by Astros’ manager Preston Gomez.  The reliever gave up a hit and lost in the 9th. It's the second time Gomez has pinch-hit for his pitcher late in a game while he is throwing a no-no; Clay Kirby was the victim on in 1970.
    1976 - "You Should Be Dancing" becomes the Bee Gees third US number one single.
    1976 - Kiss releases the Soft-Rock ballad, "Beth". It will rise to #7 and become their only US Top 10 hit.
    1977 – The Golden Dragon Massacre took place in San Francisco.   39 died in the Chinatown Tong wars when three masked gunmen walked in and started firing inside the Golden Dragon restaurant. When they walked back out, there were five more dead plus 11 wounded. The Wah Ching and Joe Fong youth gangs were going at it, and there were known gangsters in the restaurant, on Washington Street off Grant, when the shooting started. But it was not confirmed that any of the victims were gangsters.  
    1978 - Top Hits
“Grease” - Frankie Valli
“Three Times a Lady” - Commodores
“Boogie Oogie Oogie” - A Taste of Honey
“Blue Skies” - Willie Nelson
    1986 - Top Hits
“Higher Love” - Steve Winwood
“Venus” - Bananarama
“Take My Breath Away” - Berlin
“Heartbeat in the Darkness” - Don Williams
    1988 - The western U.S. experienced another day of record heat. The afternoon high of 91 degrees at Stampede Pass, WA established an all-time record for that location, and Los Angeles, CA equaled their all-time record high with a reading of 110 degrees. A record high of 107 degrees at San Diego, CA was their hottest reading in 25 years. Red Bluff, CA was the hot spot in the nation with an afternoon reading of 118 degrees.
    1990 - Jerry Lewis' 25th Muscular Dystrophy telethon raises $44,172,186
    1991 - Removing an asterisk which really never existed, the Major League Baseball Statistical Accuracy Committee decides to put Roger Maris 61 home run season ahead of Ruth's 60 mark instead of listing it separately as it was from 1962 until 1991. The eight man panel also re-defines a no-hit game as one which ends after 9 or more innings with one team failing to get a hit thereby removing 50 games from the list that had previously been considered hitless, including the 1959 performance of Harvey Haddix's 12 perfect innings against the Braves (he lost the perfecto and the game in the 13th) and Jim Maloney's 1965 1-0 loss to the Mets in 11-innings.
    1994 – The Cleveland Browns became the first NFL team to score a two-point conversion after the rule change.
    1995 - Robin Ventura becomes the eighth player to hit two grand slams in one game helping White Sox to beat the Rangers, 14-3.
    1997 - The 14th MTV Video Music Awards show was staged at Radio City Music Hall. Host Chris Rock introduced Madonna, U2, Beck, Jamiroquai, The Wallflowers with Bruce Springsteen & Marilyn Manson. Most memorable moment: Sting joining Puff Daddy and Faith Evans to perform "I'll Be Missing You".
    1998 – Google was founded by Larry Page and Sergey Brin, two students at Stanford University.
    1999 - The Reds set a National League record with nine homers with as they rout the Phillies, 22-3. Eddie Taubensee (2), Greg Vaughn, Jeffrey Hammonds, Aaron Boone, Dimitri Young, Pokey Reese, Brian Johnson and Mark Lewis all go yard for Cincinnati.
    2000 - The Red Sox honor Hall of Famer catcher Carlton Fisk. The New Hampshire resident, who played his first nine seasons with Boston, joins Bobby Doerr (1), Joe Cronin (4), Carl Yastrzemski (8) and Ted Williams (9) in having his number (27) retired at Fenway.
    2002 - In front of 55,528 fans at Coliseum, the A's set an American League record by extending winning streak to 20 consecutive games. After blowing an 11-run lead to the Royals, Scott Hatteberg's bottom of the ninth inning walk off home run gives Oakland the historic victory, 12-11.




The object is to insert the numbers in the boxes to satisfy only one condition: each row, column and 3x3 box must contain the digits 1 through 9 exactly once. What could be simpler?





Daily Puzzle

How to play:

Refresh for current date:






See USA map, click to specific area, no commercials



Traffic Live---

Real Time Traffic Information

You can save up to 20 different routes and check them out with one click,
or type in a new route to learn the traffic live




Bank Beat
Career Crossroads-Emily Fitzpatrick/RII
Charlie Chan sayings
Computer Tips
Employment Web Sites
Fernando's Review
From the Desk of Michael Witt, Esq.
Leasing 102
Leasing Cases by Tom McCurnin
Online Newspapers
Sales Make it Happen
Spark PeopleŚLive Healthier and Longer
The Secret of Our Success
To Tell the Truth
View from the Top
Why I Became a CLP

Ten Top Stories each week opened the most by readers
(click here)

“Complaints” Bulletin Board (click here)

Connect with Leasing News

Top Stories

(chronological order)

- Does Thomas Anderson Believe Latest Press Release?
    Balboa Capital Receives High Marks in Customer Service
- Dale Kluga Sees Alternate Finance Bubble Ahead
   Concerned History is Repeating Itself
- 79 page 10Q SEC Filing Marlin Business Services
    What Was Not Fully Covered in the Press Release
- "Call to Action"
  Scott A. Wheeler, CLFP, Book a Big Hit
- Marlin Business Bank Loan Website Requirements - Really?
- The top 50 brands in Quick Service and Fast Casual
- Will Voice Mail Become Part of the Past?
- FinPac, Alumni, Friends Get Together, Puget Sound
- 10 Tips to Boost Equipment Sales with Leasing
- SBA 7(a) Raised from $18.75 to $23.5 Billion
- Feds Approve CIT Acquiring OneWest Bank
- California SB 197 Will Change Small Ticket Leasing
  Final Amendment Going to Consent Calendar
- SBA Hits Its 7(a) Loan Agreement Cap
- Ascentium Capital Continues to Outpace its Competitors
- Scott Wheeler's Latest Book Released
  "Call to Action"
- Charlie Chan on Balboa Capital
- The Volume Produced by Alternate Finance is Astounding
   Changing the Way Credit Decision Are Being Made
- NAELB Leasing School Says it is Time
- All Wireless Phones to Have Anti-Theft Devices
- Dan Baldwin Forms "Cloud Broker Association"
- CLFP Foundation Breaks Record, Plus 18 New Members
- FDIC Cases Against Failed Bank Directors & Officers 26 to Date
- Senior Vice President Sentenced to Federal Prison
    Loss to Bank was $991,680
- Web App with Calculator for Vendors- One Month Free Trial
- Equipment Finance Decision Maker Survey Results:
   Vendor & Small Biz
- California Proposed Law Update:
    Third Party Originators: No License Needed
- Bank Officer Gets One Year/$174,000 Judgment
- Bank of America to close drive-up tellers at 12 branches
- First American Equipment Makes it 40 CLFP's
- Ironic that Peek is at Bank of America and Thain is at CIT
- 182 Bank Officers Plus Investigated by SIGTARP
- Element Financial Tearing Up the US Market
- Stick Mobility--Yoga to the Next Level
  New Exercise for Individuals or Groups
- Which States Finance the Most Equipment
- New Website
- Lease One Tagged for Fraud in Lease Commitment
     by Tom McCurnin, Leasing News Legal Editor
- Three New Bulletin Board Complaints
    US Business Funding, Newport Beach, California
- Verhelle Founds Harvard Partners, LLC
- Business Loans/Cash Advance Increase
- Subject: Need a corporation 3-7 years old? Reaction
- Financial Pacific Leasing Digitizes
   End-to-End Transaction Lifecycle with DocuSign & eOriginal
- What You Didn’t See in the Marlin Leasing Press Release
- Directions to Stop Unwanted Calls and Texts to Your Mobile Phone
- "Your lease rates are too high"
- Bulletin Board Complaint
   Balboa Capital, Irvine, California
- Provide “Added Value” by Protecting Your Customer
    Get Repeat Customer/Vendor Business with These Tips
      By Christopher Menkin
- Reader Complaint About LEAF Financial Investment (Collection)
- 2015 U.S. Digital Future in Focus
     by comScore
- Report: “The Impact of Alternative Financing on the
    Equipment Leasing and Finance Industry"
- The Equipment Leasing and Finance Foundation Releases
 study "Digital Documents in the Equipment Finance Industry”
- Top Five Leasing Company Web Sites—
  in North America
- Bulletin Board Complaint Matrix Business Capital
    First Response to Cease & Desist
- US Business Funding, Newport Beach, California
  Bulletin Board Complaint $5,915 Deposit Made in 2013
- EAR President Mark Anstett Pleads Guilty
- Loan/Lease Regulations --- Update
   Don’t Have a License? Not Caught, You’re Lucky, so Far
- Update--Balboa Files: "It was an Operating Lease"
   By Tom McCurnin and Frank Peretore 
- Leasing Brokers: When May You Collect a Commission?
- Bulletin Board Complaint
    Integrity Financial Groups, Alpine, Utah
- “Capital” or “Finance” in Name, Better Have a License
- Bulletin Board Complaint
  Brian Acosta/Matrix Business Capital
- Maricle Found Guilty in Not Returning Advance Fees  
- Balboa Capital Sued in Federal Court for
        Bait and Switch Sales Tactics
- Details, Details...How Important are they?
   Very, When the Lessor Sneaks in a Blanket Lien
- What is Leasing?
    Legal Definitions by Leasing News Legal Editor Tom McCurnin
- Invest in Your Country
  U.S. Savings Bonds
- How to be a “Leasing Expert Witness”
    and Make Extra Income
- 2014 Survey Reports Expert Witness Hourly Fees
    Record All-Time Highs
- Your Photograph on
Use a Password Generator
- Banks Turn Toward Leasing for More Profit
- Why Leasing News is Different
- Take Your Banker to Lunch
- Look Out!!! --Two Evergreen/PRR Clause Lessors Merge
   Onset Financial/Mazuma Capital
- Lease Police Tips on Judging Vendors
- Netiquette: Rules of Behavior For Email and the Internet
- Alert: Rudy Trebels Back Soliciting Broker Business
- HL Leasing/John Otto--Update
- NorVergence- Year end, 2013
- Twelve Lawyers Against Evergreen Clause Abuse
- Wants to Go After Lessors and Their Attorneys
   Re: Evergreen Clause Abuses
- Sample of Usury Laws in United States
- Balboa Capital Class Action Case Settled--$5 million?
- Old Cowboy On His Horse
- Leasing Brokers: When May You Collect a Commission?
- Is Long Term Leasing Dead?
- 5 Ways Women Are Better Bosses Than Men
- Balboa Capital, Irvine, California
   $20,543.22 Bulletin Board Complaint
   Alleged “Bait and Switch”
- Female Lease Finance Association Presidents
- Broker’s Responsibility to Obtain
    California Lender’s License
- The Day that Albert Einstein Feared May Have Finally Arrived
- Equipment Finance Agreements Explained/Barry S. Marks
- Royal Links "True Lease" Court Ruling
- "The Memory Shock" –New Book by Barry Reitman
- Mazuma and Republic Bank Get Snared on PRR Provision
   by Tom McCurnin, Esq.
- Jeff Taylor's Leasing Predictions, Spring, 2006
- Radiance Capital, Tacoma, Washington
   Bulletin Board Complaint 
   Purchase Option on EFA, Won’t Return $5,000 S.D.
- New Case against Mazuma Capital and Republic Bank
  ---Automatic Evergreen Payment---PPR
- Republic Bank out of leasing?
- Charles Schwartz and Allied Health
- Copier Wars---It's more than the lease payment
    by Christopher Menkin
- Leasing Gypsies
- Verifying Tax Returns
- Special Report: Part I
   Could Church Kiosks, Royal Link Carts, NorVergence results been avoided?

   The use of “Equipment Finance Agreements”
- Special Report: Part II
    Bank of the West

   Equipment Lease Agreement (EFA)
- California License Web Addresses
- Settlement Costs vs. Litigation Costs