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Relationship Manager

Minneapolis, MN

Primary contact for brokers/lessors. Coordinates development and execution of programs, represents Company at trade association conferences, implements strategy to best serve the brokers/lessor marketplace. Requires 4 year degree or equivalent industry experience.

To apply e-mail resumes attention of Brad Peterson  and Background Checks are required.  EOE

Predictifund, a subsidiary of Capital Access Network, Inc. (CAN) providing equipment financing and working capital options to brokers.

Monday, 17, 2007


Classified Ads---Asset Management
    Welcome New Readers
        Is the Fed out of Touch?
Cartoon---The Fed didn’t help their budget
    Classified Ads---Help Wanted
        Aspen Funding joins “Broker/Lessor” list
ELFA Convention Deadline Wednesday
    Top Stories--September 10--September 14
        Leasing 102 by Mr. Terry Winders, CLP
        Electronic Funds Transfer (ACH)
Dash in Manhattan
    LaSalle employees fear for their jobs
        ABN Amro Directors no choice
GE India CEO discusses expansion plans
    News Briefs---
        You May have Missed---
"Gimme that Wine"
    Calendar Events
        Snapple Real Facts
Today's Top Event in History
    This Day in American History
        Baseball Poem
    Daily Puzzle

######## surrounding the article denotes it is a “press release”

Please don’t miss Gerry Egan’s latest video presentation---
This Wednesday---“Sales makes it Happen”



Classified Ads---Asset Management

New York, NY
10+ years in equipment leasing/secured lending. Skilled in management & training, documentation, policy and procedure development & implementation, portfolio reporting. Strong work ethic.

Orange County, CA
20 years leasing experience, nine as Portfolio Manager. Strong residual forecasting background. Certified Financial Planner(tm), Series 7, Series 66, Life Agent & Variable Contracts licenses.

Seattle, WA
20 years combined experience in Asset Management and Collections. History of successfully maximizing the residual position through superior negotiation skills and remarketing.

These job-wanted ads are free. We also recommend to both those seeking a position and those searching for a new hire to also go to other e-mail posting sites:
In addition, those seeking employment should go to the human resource departments on company web sites for funders, captive lessors, and perhaps “broker-lessors.”

To place a free “job wanted” ad here, please go to:

For a full listing of all “job wanted” ads, please go to:



Welcome New Readers

Leasing News welcomes new readers and encourages you to spread the word. Our site can be bookmarked in your browser, or you may join our mailing list to learn when the news edition is posted. Generally it is Monday-Wednesday-Friday, 3am PDT.
From time-to-time we may have an extra or a Tuesday or Thursday edition, but most often three times a week, early in the morning with the latest news.



Is the Fed out of Touch?

by Christopher Menkin

Sure, we in the leasing business like lower rates. To many of us it means a better yield or commission, not just winning the deal.

If you think that a quarter of a point lower rate will win you a small or middle market ticket deal, it is only because you didn't go to the right funding source and take the transaction off the street faster.

Half a point might be more helpful, but what will the Fed do at their October meeting if the credit remains tight in the mortgage industry, and continues to spread to other businesses? Lower the prime
rate again?

Nearly half of the CFO’s, according to the poll reported in Leasing News last week, think a cut of a half a percentage point would not help their company at all, and most of the rest see only a small benefit from such a move. Nearly two-thirds of CFOs are feeling more pessimistic this quarter than they did three months ago, the survey of 580 U.S. finance executives says. The concern is the available to them of credit. Is the credit market wide enough to continue to finance expansion or acquisitions to the "C," and "D" credits? And who today is a “B” or even an “A” credit?

The expansion to many American businesses appears going to Europe, China, India as the large financial institutions and banks brag about their growth in these countries. Smaller companies
will grow in this niche being created by the move overseas in manufacturing, service, and agriculture areas, but will a drop in prime rate filter down to their level?

Certainly you will see more companies looking toward third party equipment leasing and financing for such availability.

Freddie Mac, the mortgage company, reported last Thursday that 30-year, fixed-rate mortgages averaged 6.31% this week, the lowest level since May 17. A lower rate will curb the foreclosure rate
very much. Even a half point will not make that much of a difference in an adjustable rate to a credit that should never have been approved in the first place.

A quarter point drop in the prime rate at which banks lend to one another may indicate how little the present Federal governing board is in touch. A half a point drop will definitely make it less expensive for the very top credits to raise money, and perhaps some will filter down to their subsidiaries. However, it does not address the issues that have caused the credit market to become tighter.

It is wishful thinking that houses will now sell, new or existing, because the prime rate is lower. Families can’t afford the rising expenditures to run a family. The fact is that inflation is growing on all products, including milk and bread (when’s the last time you noticed that food prices have gotten higher and higher), and the cost of fuel to both consumers and business is high as the price of oil is at an old time high. Everything is more expensive in the United States than a year ago, or particularly two or three years ago. And while prices may have dropped this year on houses, they are still out of reach to many who seek standard mortgage loans.

Too much government spending, the deficit, and the continuing financial cost of the war in Iraq needs to be addressed with a hard line from the Federal Reserve Board.

CFOs' Optimism Plummets to Six-Year Low



Cartoon---The Fed didn’t help their budget



Leasing Industry Help Wanted

Business Developement Specialist

Business Development Specialist
(2 Positions)
Clearwater , Florida

Two years sales exp. 1-2 years leasing exp. For more info, please click here. Please email text resume to .
No attachments please.

Founded in 1978, Commonwealth Capital Corp. has been helping lessors grow their equipment-leasing business. We offer true operating leases for in-demand information technology and medical equipment.   

Credit Officer

Credit Officer
Mentor, Ohio

Small firm, 125 deals a month, help us grow, place leases, secure approvals. E-mail us to or give us a call to
(800) 830-0084 ext. 203.

ACG Equipment Finance is a full service specialty finance and leasing company with an eye fixed firmly on the future.

EFD Credit Officer

EFD Credit Officer III
Walnut Creek, CA

You will underwrite equipment finance and lease transactions primarily using credit scoring systems. Requires 5 years lending experience including underwriting.
CLICK HERE for a detailed description and resume submission info.

Visit, for more information. Bank of the West and its subsidiaries are equal opportunity/affirmative action employers.

Funding/Lease Processor

Funding/Lease Processor
Los Angeles, California

Organized, detail person, 1 yr min. Brokering/discounting exp. Unlimited career growth.Contact:

Taycor has been in business for over 10 years with access to every major funding source.

Relationship Manager

Relationship Manager

Minneapolis, MN

Primary contact for brokers/lessors. Coordinates development and execution of programs, represents Company at trade association conferences, implements strategy to best serve the brokers/lessor marketplace. Requires 4 year degree or equivalent industry experience.

To apply e-mail resumes attention of Brad Peterson  and Background Checks are required.  EOE

Predictifund, a subsidiary of Capital Access Network, Inc. (CAN) providing equipment financing and working capital options to brokers.



Aspen Corporate Funding joins “Broker/Lessor” list

"Broker/Lessor" List

Third Column: YES - Year Company Started | YELB - Years in equipment Leasing Business

A - City Business License | B- State License | C - Certified Leasing Professional |
D - State(s) sales/use tax license |
E -
Named as "lessor" on 50% or more of lease contract signed. |

City, State
Leasing Association
(see above for meaning)
# of Empl.
Geographic Area
Buisness Reports
Aspen Coorporate Funding, Inc.
Las Vegas, NV
Chris McCann
888-901-2090 ext201

N/R (not reported)
N/N (not necessary; not required)
* (no response---these listing do not come from the company directly, but from our research from many sources. It is our policy not to put anything in this section without confirmation.)
S (Studying)

To view the complete list, please click here.



ELFA Convention Deadline Wednesday

ELFA eNews Daily

Wednesday, September 26 is the last day to:

--Register and to be included in the on-line pre-registration list. That's the list people check out when they're deciding whether to attend, and considering who to seek out at the Convention. Let ‘em know you'll be there!
--Reserve your accommodations at the Walt Disney World Dolphin. After September 26, you'll no longer receive the discounted group rate. You may not even get a room in the hotel. You may have to bunk with Mickey (he snores), or sleep on a chaise lounge by the pool (think of your back!).
--Cancel a registration and receive a full refund.

Don't wait! If you're planning to attend the equipment leasing and finance industry's premier event, register TODAY at:



Top Stories--September 10--September 14

Here are the top ten stories most “opened” by readers last week:

(1) Latitude Equipment Leasing Completes Management Team

(2) NetBank/EverBank deal falls apart: confirmed

(3) Congratulations to Barry Marks/Allison Powell

(4) Calling Wildwood "Ex" Employees

(5) Who Else is Joining Latitude?-by C. Menkin

(6) Correction: Bruce Kropschot is not selling candy

(7) Construction Industry Suppliers Hit the Wall

(7) Sales makes it Happen--by Doug Dawkins, CLP
"Has your vendor ever wondered…?"

(8) Add Brian Cornell in not going to Latitude

(9) Leasing 102 by Mr. Terry Winders, CLP
Uneven Lease Payments

(10) Bank of America: $3 ATM Fee,8599,1661631,00.html

Not counted, as it was sent on Thursday as one story:
Number One Rumor Comes True (EverBank/NetBank)



Leasing 102

by Mr. Terry Winders, CLP

Electronic Funds Transfer (ACH)

Authorization Agreement for Pre-Arranged Payments (Debits)

One of the changes we see in modern the lease contracts is the elimination of the ten day grace period for late lease payments. In an era of efficiency late charges are giving way to the need to collect lease payments through electronic funds transfer. So late charges are now being applied immediately if the funds are not in the account the day the lease payment is due. This results in a “0” grace period. And I am not sure if this is greed or just the result of modern electronics but it sure takes the “grace” and “flexibility” for a non perfect world out of the leasing business.

Payments made by electronic funds transfer known as ACH require a signed document to allow the funding lessor to charge the Lessee’s bank account for the lease payment. There also must be some flexibility for the payment to change as sales tax percentages change over the term. I do not know anyone using this system to charge for property tax but I am sure it is coming with proper notice.

Here is the type language you would need to have signed to handle the ACH:

“(name of leasing co.) is hereby requested and authorized to draw payment periodically. Such payments to be charged against the account of the undersigned below to cover the rental payments in accordance with the terms and conditions of the lease agreement between (name of leasing co.) and the undersigned.

Authority for Pre-Arranged payments to the Manager of the Bank or Financial Institution noted below.

You are hereby authorized to pay from and debit to the account of the undersigned all payments purporting to be drawn on our behalf, payable to (name of leasing co.) presented to you for payment. Such payment may be in the form of computer produced paper of electronic entry, in which case you are authorized to treat them as if they were signed by us.

If a deduction is made in error, the undersigned shall have the right to be paid immediately by our bank for the amount of the erroneous deduction provided that I notify our bank about the erroneous deduction within fifteen (15) days after my account statement is issued or forty five (45) days after the deduction was made by notifying (name of leasing co.) in writing.

If the account is transferred to another branch, this authorization shall be directed there and shall be of the same force and effect as if it had been originally delivered to that branch. This authorization may be revoked by the undersigned only by written approval of (name of leasing co.) and provided Lessee has given a ten (15) day written notice to (name of leasing co.).

I understand that making the payment on time is my responsibility. If the payment is not made using the plan due to the temporary suspension of service or cancellation or because insufficient funds are in my account or the account is closed, I am required to make the payment manually on time. If this is not done, late charges as defined in the loan or lease agreement will apply as well as any fees charged lessor by the bank because of the above actions”

Proper language for this arrangement may be different for your funding lessor so be sure to check with them or allow your legal counsel look it over. You would also need to add account numbers for both parties and signature lines but this is close to the language you would need.

Mr. Terry Winders, CLP, has been a teacher, consultant, expert witness for the leasing industry for thirty years and can be reached at or 502-327-8666.
He invites your questions and queries.

Previous #102 Columns:



Dash in Manhattan

One of the rewards in being the publisher/editor is you can brag about your son. My son Dash (for Dashiell) is now with the US Navy Riverene unit. He basically runs and trains the crew of the small craft and is an “expert” in light and middle arms, plus a full electrician mate and second class diver. He runs five miles a day or more, and swims that too, plus usually works out an hour every day. He says at least one day on the weekend as he wants to stay in shape to keep his crew in line.

He does take time off, mostly to ride his Harley. Here he is with a close friend, Jen.

As part of Navy Week in New York City, his unit was sent to guard the docked ships. He was out on the sound, plus held duty fully armed on the docks, too. He said he shared duty with the police and others who have jurisdiction in the area.
He said this picture was taken with his flak jacket on, and to let me know he doesn’t look fat.

He said the people of New York were very friendly to men in uniform.
The police and fire units gave him special tours of Ground Zero, free trip to the top of the Empire State building-no waiting in lines. And he was very proud to be serving his country.

He said this was why he was in the U.S. Navy:


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

News Briefs----

Employees of LaSalle Bank fear for their jobs,1,769329.story?

ABN Amro Directors Leave Takeover Choice to Shareholders

GE India CEO discusses plans for expansion

"Sopranos" cast mobs Emmy stage



You May have Missed---

Greenspan: Ouster of Hussein Crucial For Oil Security



“Gimme that Wine”

Female vineyard managers blaze trails in Wine Country

Martha Stewart lends name to wine, will sell for about $15

Historic Charles Krug Winery, Becoming The New Kid on the Block

Napa Filmmaker Plans Documentary about Merlot

Randall Graham rethinks his approach

Wine Prices by vintage
US/International Wine Events
Winery Atlas
Leasing News Wine & Spirits Page
The London International Vintners Exchange (Liv-ex) is an electronic exchange for fine wine.



Calendar Events This Day

Angola Day: Day of the National Hero.
National holiday

Citizenship Day
Presidential Proclamation always issued for September 17 at request (PL 82-261) of Feb 29, 1952) customarily issued as “Citizenship Day and Constitution Week.” Replaces Constitution Day.

Constitution Commemorate Day in Arizona
This state holiday commemorates the signing of the US Constitution on September 18, 1787.

Japan: Respect for the Aged Day
National holiday to honor Japan’s senior citizens---especially those who are centenarians. Annually, the third Monday of September.

National Woman Road Warrior Day
A day of recognition for the nation’s traveling businesswomen.

Pledge across America
On the Monday of Constitution Week, every school is invited to join a synchronized recitation of the Pledge of Allegiance coast to coast 8am Hawaii time to 2pm Easter time.

Saint feast Days



The world's biggest pyramid is not in Egypt, but in Mexico.



Today's Top Event in History

1862- this date has been called America’s bloodiest day in recognition of the high casualties suffered in the Civil War battle between General Robert E. Lee’s Confederate forces and General George McClellan’s Union army. Estimates vary, but more than 25,000 Union and Confederate soldiers were killed or wounded in this battle on the banks of the Potomac River at Maryland. This had started as a plan to take Harper’s Ferry, move into the North, perhaps capture Washington, DC, or at worse, a propaganda victory for those who were against continuing the war against the Confederates. The plan was discovered on September 12, and General McClellan moved quickly and decisively to change the course of history.
( lower half of: )


This Day in American History

    1630- City of Boston forms across the Charles River. William Blackstone, a former clergyman, was living an isolated existence as a trapper on the Shawmut Peninsula - the original land mass of Boston. Word came to him from Indian friends of the difficulties his fellow countrymen were having. He sent a message to John Winthrop advising him that the Trimountain hills on his side of the river were far more suitable for settlement. Winthrop, who had been at college with Blackstone (as unbelievable as that sounds), went to see him and it was this meeting in 1630 that really marked the foundation of the city of Boston. Within the next few weeks several small wooden houses were built by the migrants and at the suggestion of Thomas Dudley it was decided that the new settlement be called Boston after its English namesake. Remember, the Puritans did not want a break with England, just to create an example of what could be if England followed their example. Hence, they'd fashion their Boston in their own image, so to speak. Over the next few years many more Lincolnshire migrants arrived. Indeed, a memorial stone in St. Botolph's Church commemorates the five Boston men who became Governors of Massachusetts, those being Thomas Dudley, Richard Bellingham, Francis Bernard, John Leverett and Simon Bradstreet.
    1656-Massachusetts enacted severe laws against Quakers. (At the time, government and religion were intricately interwoven; the line between blasphemy and treason was virtually nonexistent; and non-sacramental Quakerism gave the impression that the denomination was anti-government.)
    1674 --French Jesuit missionary Jacques Marquette erected a mission on the shores of Lake Michigan, in present_day Illinois. His log cabin became the first building of a settlement that afterward grew to become the city of Chicago.
    1717- The first synod of the Presbyterian Church in America met in Philadelphia.
    1730-Birthday of Baron Frederich Von Steuben, Prussian-born general who volunteered to serve in the American Revolution. His strategy and help in training troops dramatically change the tide of the Revolutionary War. He died at Remsen, NY, Nov 28, 1794.
    1776- Presidio of San Francisco forms as a Spanish fort
    1778- The US signed a treaty with the Delaware Nation, the first treaty with Native American tribes, agreed upon at Fort Pitt ( not Pittsburgh ).
    1787- delegations from 12 states (Rhode Island did not send a delegate) at the Constitutional Convention at Philadelphia, PA, voted unanimously to approve the proposed document and adopt the US Constitution.. Thirty-nine of the 42 delegates present signed it and the Convention adjourned, after drafting a letter of transmittal to the Congress. One of the main proponents was Article 6, Section 3: 'No religious tests shall ever be required as a qualification to any office or public trust under the United States.' The proposed constitution stipulated that it would take effect when ratified by nine states. This day is a legal holiday in Florida. It was stated that it would become binding on all 13 colonies when ratified by nine states. This took place on June 21, 1788, when the legislature of New Hampshire approved ratification by a 57-47 vote. The Constitution was declared to be in effect on March 4, 1789
    1859-Joshua A. Norton, who lost his money in an attempt to corner the rice market, today declares himself Norton I, Emperor of the United States and Protector of Mexico. San Francisco. At the pre-emptory request of a large majority of the citizens of these United States, I Joshua Norton, formerly of Algoa Bay, Cape of Good Hope, and now for the last nine years and ten months past of San Francisco, California, declare and proclaim myself the Emperor of These United States. Joshua A. Norton
    1861-American Missionary Association school establish in Fortress Monroe, VA, aiming to bring about full and equal privileges of citizenship to the black population of the United States during the latter half of the 19th century, leading into the 20th century. The Association did so under the doctrine that to deny these rights would serve to subvert the teachings of Jesus, thus those who attempted to deny these rights performed sins against God and man. Formed as a means of protest against other missionaries during the mid-19th century, the AMA promoted political activity and encouraged a strong anti-slavery sentiment among its missions.
    1862- this date has been called America’s bloodiest day in recognition of the high casualties suffered in the Civil War battle between General Robert E. Lee’s Confederate forces and General George McClellan’s Union army. Estimates vary, but more than 25,000 Union and Confederate soldiers were killed or wounded in this battle on the banks of the Potomac River at Maryland. This had started as a plan to take Harper’s Ferry, move into the North, perhaps capture Washington, DC, or at worse, a propaganda victory for those who were against continuing the war against the Confederates. The plan was discovered on September 12, and General McClellan moved quickly and decisively to change the course of history.
( lower half of: )
    1868-Hampton Institute founded at Hampton, Va.; coeducational; founded 1868, chartered 1870 as a normal and agricultural school; known as Hampton Institute 1930-84. Founded by Samuel Chapman Armstrong, it was among the first black colleges and also pioneered in Native American education. Hampton's library is noted for its Peabody Collection on African-American history and culture.
    1868-Early in the morning, a large band of Cheyenne and Sioux stage a surprise attack on Major George A. Forsyth and a volunteer force of 50 frontiersmen in Colorado. Retreating to a small sandbar in the Arikaree River that thereafter became known as Beecher's Island, Forsyth and his men succeeded in repulsing three massed Indian charges. Thanks to the rapid fire capability of their seven-shot Spencer rifles, Forsyth's volunteers were able to kill or wound many of the Indian attackers, including the war chief Roman Nose. But as evening came and the fighting temporarily halted, Forsyth found he had 22 men either dead or wounded, and he estimated the survivors were surrounded by a force of 600 Indians. The whites faced certain annihilation unless they could somehow bring help. Two men- Jack Stilwell and Pierre Trudeau-volunteered to attempt a daring escape through the Indian lines and silently melted into the night. The battle raged for five more days. Forsyth's effective fighting force was reduced to ten men before the Indians finally withdrew, perhaps reasoning that they had inflicted enough damage. Miles from help and lacking wagons and horses, Forsyth knew that many of his wounded would soon be dead if they didn't get help. Fortunately, on September 25, the 10th Cavalry-one of the Army's two African-American units nicknamed the "Buffalo Soldiers"- came riding to their rescue with a field ambulance and medical supplies. Miraculously, Stilwell and Trudeau had managed to make it through the Sioux and Cheyenne and bring help. Thanks to their bravery and the timely arrival of the Buffalo Soldiers, the lives of many men were saved.
    1872-Phillip W. Pratt of Abington, MA was granted a patent for a sprinkler system. The system operated by means of a valve to which cords and fuses melted, the valve opened, releasing a stream of water. In 1874, Henry S. Parmelee of New Haven refined the sprinkler head with perforations, containing a valve that was held closed against water pressure by a heavy spring made of low fusing material.
    1895-Birthday of drummer and bandleader William McKinney, Cynthiana, KY
    1883 – Poet William Carlos Williams born Rutherford, New Jersey.
    1902-Birthday of trombone player Louis “Big-Eye” Nelson, New Orleans, LA.
    1920- the American Professional Football Association was formed in Canton, OH.
    1923- birthday Hiram King “Hank” Williams, country and western singer, born at Georgia, AL. He achieved his first major hit with “Lovesick Blues,” which brought him a contract with the Grand Ole Opry. His string of hits included “Cold, Cold Heart,” “Honky Tonk Blues,” “Jambalaya,” “Your Cheatin’ Heart,” “Take These Chains From My HearV’ and “I’ll Never Get Out of This World Alive,” which was released prior to his death Jan 1,1953, at Oak Hill, VA.
1923 Pianist Ralph Sharon birthday (perhaps best known as
Tony Bennett’s pianist.)
    1925-Brithday of organ player Jack Brother McDuff, Champaign, IL
    1927-Birthday of sax player Sam Butera, New Orleans, LA
    1927-Birthday of Pro Football Hall of Fame quarterback and place-kicker George Frederick Blanda, born Youngwood, PA.
    1928 -- Hurricane hits Lake Okeechobee, Florida drowning 1,800-2500.
    1931 - RCA Victor began demonstrating a very early version of the long-playing (LP), 33-1/3 RPM phonograph record. It would be another 17 years before RCA rival Columbia would begin mass production of the LP.
    1934- birthday of Maureen “little Mo” Catherine Connolly Bringer, tennis player born at Sand Diego, CA. She became the second-youngest woman to win the US National championship at Forest Hills, NY. She repeated in 1952 and won the Wimbledon, too. In 1953, she became the first woman to win the Grand Slam, taking the US, French, Australian and Wimbledon championships. After winning a second and straight French title and a third straight Wimbledon, she suffered a crushed leg in a horseback riding accident and never competed again. Died at Dallas, TX, June 21, 1969 at age 35 from cancer.
    1935 -- Hippie bus driver, psychedelician, author Ken Kesey birthday. At a Veterans Administration hospital in Menlo Park, California, Kesey was paid volunteer experimental subject, taking mind-altering drugs & reporting their effects. His experiences as an aide at a psychiatric hospital & LSD sessions served as background for One Flew Over Cuckoo's Nest, which was set in a mental hospital. The book reveals the dehumanizing effects of the social conformity of the 1950s, & gained huge critical & commercial success. Kesey formed the 'Merrie Pranksters', bought an old school bus, & toured America & Mexico with his friends. Their weird exploits were later chronicled in Tom Wolfe's The Electric Kool-Aid Acid Test (1973).
    1937-Birthday of baseball legend Orlando Cepeda.
    1937-Artie Shaw Band records “Nightmare.”
    1941-- US carrier sails away from Pearl Harbor, not knowing how lucky it is. The US aircraft carrier Lexington departed Pearl Harbor, Hawaii, to deliver aircraft to Midway Island. Because of this mission, the Lexington inadvertently avoided the Japanese attack on Pearl Harbor on 07 December. It was later to play a pivotal role in the Japanese defeat at Midway. Other US ships were not as lucky. Japanese carrier-based planes attacked the bulk of the US Pacific fleet moored in Pearl Harbor, sinking or severely damaging nineteen naval vessels, including eight battleships.
    1945-Birthday of basketball coach and player Philip D. “Phil” Jackson, Deer Lodge, MT.
    1946- Woody Herman’s First Herd records “Sidewalks of Cuba”
    1950-*MONEGAN, WALTER C., JR. Medal of Honor
Rank and organization: Private First Class, U.S. Marine Corps, Company F, 2d Battalion, 1st Marines, 1st Marine Division (Rein.). Place and date: Near Sosa-ri, Korea, 17 and 20 September 1950. Entered service at: Seattle, Wash. Born: 25 December 1930, Melrose, Mass. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty while serving as a rocket gunner attached to Company F, and in action against enemy aggressor forces. Dug in on a hill overlooking the main Seoul highway when 6 enemy tanks threatened to break through the battalion position during a predawn attack on 17 September, Pfc. Monegan promptly moved forward with his bazooka, under heavy hostile automatic weapons fre and engaged the lead tank at a range of less than 50 yards. After scoring a direct hit and killing the sole surviving tankman with his carbine as he came through the escape hatch, he boldly fired 2 more rounds of ammunition at the oncoming tanks, disorganizing the attack and enabling our tank crews to continue blasting with their 90-mm guns. With his own and an adjacent company's position threatened by annihilation when an overwhelming enemy tank-infantry force bypassed the area and proceeded toward the battalion command post during the early morning of September 20, he seized his rocket launcher and, in total darkness, charged down the slope of the hill where the tanks had broken through. Quick to act when an illuminating shell lit the area, he scored a direct hit on one of the tanks as hostile rifle and automatic-weapons fire raked the area at close range. Again exposing himself, he fired another round to destroy a second tank and, as the rear tank turned to retreat, stood upright to fire and was fatally struck down by hostile machine gun fire when another illuminating shell silhouetted him against the sky. Pfc. Monegan's daring initiative, gallant fighting spirit and courageous devotion to duty were contributing factors in the success of his company in repelling the enemy, and his self-sacrificing efforts throughout sustain and enhance the highest traditions of the U.S. Naval Service. He gallantly gave his life for his country .
    1951---Top Hits
Because of You - Tony Bennett
The Loveliest Night of the Year - Mario Lanza
Sweet Violets - Dinah Shore
Always Late (With Your Kisses) - Lefty Frizzell
    1952 - Frank Sinatra sang at his final session with Mitch Miller and Columbia Records.
    1953 - Ernie Banks became the first black baseball player to wear a Chicago Cubs uniform. Banks was also quick to say, “Let’s play two!” Banks was the Cubs’ outstanding shortstop from 1954 to 1960. In 1961 he was moved to left field, then to first base, where he spent the rest of his career. In 1969, Ernie Banks was voted the Cub’s best player ever by Chicago fans. ‘Mr. Cub’ retired in 1971.
    1954 - Rocky Marciano retained possession of the world heavyweight boxing title. He knocked out Ezzard Charles in the eighth round of their championship bout.
    1955 - "The Perry Como Show" moved to Saturday nights on NBC-TV. Soon, U.S.A. audiences would “Sing along with me ... I’m on my way to the stars...” with the incomparable Mr. C. Como’s hour-long variety show replaced his three-times-per-week, 15-minute show, which had been on the air since 1948. The new version of "The Perry Como Show" soon became Saturday’s highest-rated TV program, beating CBS competitor Jackie Gleason.
    1957- “Sugarfoot” premiered on TV. My father wrote many of these
episodes. It was one of three ABC westerns produced by Warner Brothers in the late 50's. The show alternated with “Cheyenne” and “Bronco.” Will Hutchins starred as Tom (Sugarfoot) Brewster, an Easterner with designs on becoming a lawyer in the Wild West. All three shows later aired under the “Cheyenne” appellation in 1960.
    1959---Top Hits
Sleep Walk - Santo & Johnny
I’m Gonna Get Married - Lloyd Price
(’Til) I Kissed You - The Everly Brothers
The Three Bells - The Browns
    1961 - A new team debuted in the National Football League: the Minnesota Vikings. The Vikings defeated the Chicago Bears by a score of 37-13 in the team’s first game.
    1961- "Car 54 Where are You?" premiers on TV
    1963- “The Fugitive” premiers. A nail-biting adventure series on ABC. Dr. Richard Kimble (David Janssen) was wrongly convicted and sentenced to death for his wife’s murder, but escaped from his captors in a train wreck. This popular program aired for four years detailing Kimble’s search for the one-armed man (Bill Raisch) who had killed his wife, Helen (Diane Brewster). In the meantime, Kimble himself was being pursued by Lieutenant Philip Gerard (Barry Morse). The final episode aired Aug 29,1967, and featured Kimble extracting a confession from the one-armed man as they struggled from the heights of a water tower in a deserted amusement park. That single episode was the highest-rated show ever broadcast until 1976. The TV series generated a hit movie in 1993 with Harrison Ford as Kimble and Oscar-winner Tommy Lee Jones as Gerard.
    1964- “Bewitched” premiered on TV. This sitcom centered around blonde-haired witch Samantha Stephens (Elizabeth Montgomery). Although she promises not to use her witchcraft in her daily life, Samantha finds herself twitching her nose in many situations. Her husband, Darrin Stephens, was played by Dick York and Dick Sargent, and her daughter, Tabitha Stephens, was played by Erin and Diane Murphy. My stupid daughter named by first girl grandchild: Tabitha, after
the baby TV witch. The last episode aired July 1,1972. Other cast members included Agnes Moorhead, David White, Alice Ghosttey, Bernard Fox and Paul Lynde.
    1965 – “Hogan’s Heroes” premiered on television. It was a comedy, took place in a World War II Nazi POW camp. For six years the prisoners, under the lead of Colonel Robert Hogan (played by former KNX, Los Angeles, radio air personality, Bob Crane), managed to outwit the incompetent and inept Nazi Colonel Wilhelm Klink (played very competently by Werner Klemperer [2-time Emmy-Award winner for his role]) and Nazi Sgt. Shultz (played quite deftly by John Banner) “ I know noth—ING.”.
    1966- “Mission: Impossible” premiered. This action-adventure espionage series was produced by Bruce Geller, appearing on CBS for seven years. The premise of the show was simple: each week the IMF (Impossible Missions Force) leader would receive instructions on a super-secret mission to be carried out by the crew. Steven Hill played the first IMF leader, Dan Briggs. He was replaced by Peter Graves who played Jim Phelps. The crew included: Martin Landau as Rollin Hand, master of disguise, Barbara Bain, real-life wife of Landau, as Cinnamon Carter, Greg Morris as Barney Collier, technical expert, Peter Lupus as Willy Armitage, tough guy, Leonard Nimoy as Hand’s replacement, Paris, Lesley Ann Warren as Dana Lambert, Sam Elliott as Doug, Lynda Day George as Lisa Casey and Barbara Anderson as Mimi Davis. The show was remade for ABC in 1988; it lasted two seasons. The latest incarnation of “Mission: Impossible” was on the silver screen in 1996, starring Tom Cruise.
    1966-The Beatles' "Yellow Submarine" peaks at #2 on the chart, while The Beach Boys' "Wouldn't It Be Nice" peaks at #8 and The Hollies' "Bus Stop" peaks at #5.
    1967---Top Hits
Ode to Billie Joe - Bobbie Gentry
Reflections - Diana Ross & The Supremes
Come Back When You Grow Up - Bobby Vee
My Elusive Dreams - David Houston
    1967- The Doors perform "Light My Fire" and "People are Strange" on the "Ed Sullivan Show." Prior to the show, Sullivan asked Jim Morrison to change or omit the line "Girl, we couldn't get much higher" in "Light My Fire." Morrison sang it anyway.
    1970- the first African-American to win the Miss America Pageant was Cheryle Adrenne Brown of Jamaica, Queens, New York City, a sophomore at Luther College in Decorah, IA, who represented Iowa in the contest in Atlantic City.
    1972- “M*A*S*H” premieres. This popular CBS series was based on the 1970 Robert Altman movie and a book by Richard Hooker. Set during the Korean War, the show aired for 11 years (lasting longer than the war). It followed the lives of doctors and nurses on the war front with both humor and pathos. The cast included: Alan Alda as Captain Benjamin Franklin “Hawkeye” Pierce, Wayne Rogers as Captain John ~Trapper John” McIntyre, McLean Stevenson as Lieutenant Colonel Henry Blake, Loretta Swit as Major Margaret “Hot Lips” Houlihan, Larry Linville as Major Frank Burns, Gary Burghoff as Corporal Walter “Radar’ O'Reilly, William Christopher as Father Francis Mulcahy, Jamie Farr as Corporal Max Klinger, Harry Morgan as Colonel Sherman Potter and Mike Farrell as Captain B.J. Hunnicut. The show won numerous awards during its run. Its final episode, “Goodbye, Farewell and Amen” was the highest-rated program of all time, topping the “Who Shot J.R.?” revelation on “Dallas.” See also: ~M*A*S*H: The Final Episode: Anniversary” (Feb 28). The show generated two spin-offs: “Trapper John, MD” and “After M*A*S*H.
    1974 - No. 1 Billboard Pop Hit: ``Can't Get Enough of Your Love, Babe,'' Barry White.
    1975---Top Hits
Rhinestone Cowboy - Glen Campbell
At Seventeen - Janis Ian
Fame - David Bowie
Feelins’ - Conway Twitty & Loretta Lynne
    1980- Bette Midler's "Divine Madness," a film of a 1979 concert in Pasadena, CA, premieres in Los Angeles.
    1983 - Vanessa Williams, Miss New York, was crowned Miss America. Williams was the first black woman in the 62-year history of the Miss America Pageant to win the coveted title. Williams relinquished her crown during her reign when nude pictures of her were published in "Penthouse" magazine. She went on to enjoy popularity as a singer ("Dreamin’", "Save the Best for Last") and an actress ("Candyman", "Another You", "Under the Gun").
    1983 - Slugger Carl Yastrzemski of the Boston Red Sox broke Hank Aaron’s major-league record for games played. ‘Yaz’ played in his 3,299th game.
    1983---Top Hits
Maniac - Michael Sembello
Tell Her About It - Billy Joel
The Safety Dance - Men Without Hats
Night Games - Charley Pride
    1984 - The largest group of immigrants to become naturalized citizens of the U.S., 9,706 people, was sworn in by Vice-President George Bush in Miami, FL.
    1984 - Oil heir Gordon P. Getty, with a fortune of $4.1 billion dollars, was named the richest person in the U.S. There were a dozen billionaires in the U.S. at the time.
    1984 - No. 1 Billboard Pop Hit: ``Missing You,'' John Waite.
    1986- “Head of the Class.” This ABC sitcom was the antithesis of “Welcome Back, Kotter.” It ran for five years, depicting the travails and triumphs of brainy students in the Individual Honors Program (IHP) of New York’s Fillmore High School. One episode in 1988 was the first American prime-time program filmed entirely in the Soviet Union. Howard Hesseman starred as part-time actor and substitute teacher Charlie Moore (a man more adept at teaching life’s lessons than history). The cast also featured William G. Schilling as Principal Samuels, Jeannetta Arnette as Assistant Principal Bernadette Meara, Leslie Bega as Maria, Dan Frischman as Arvid, Robin Givens as Darlene, Khrystyne Haje as Simone, Jory Husain as Jawarharlal, Tony O’Dell as Alan, Brian Robbins as Eric, Kimberly Russell as Sarah, Dan Schneider as Dennis, Tannis Vallely as Janice, Rain Pryor as T.J., Michael DeLorenzo as Alex~ Lara Piper as Viki, De’voreaux White as Aristotle and Jonathan Ke Quan as Jasper. After Hesseman left the show in 1990, Scottish comedian Billy Connolly took over the class. The series ended with the graduation of all the characters, June 25,1991.
    1991- “Home Improvement” premiered. This comedy centered around the Taylors. Tim Taylor, played by Tim Allen, was a TV host on the popular fix-it show “Tool Time.” Jill, played by Patricia Richardson, was a housewife and mother going back to school to get a degree in psychology. The couple’s three sons were played by Zachery Ty Bryan, Jonathan Taylor Thomas and Taran Noah Smith. Other cast members included Richard Kern, Earl Hindman, Debbe Dunning and Pamela Anderson. The last episode aired May 25,1999.
    1986 - The New York Mets clinched their first divisional title since 1973 by defeating the Chicago Cubs 4-2. The Mets later won the World Series as well.
    1991---Top Hits
The Promise of a New Day - Paula Abdul
I Adore Mi Amor - Color Me Badd
Motownphilly - Boys II Men
Leap of Faith - Lionel Cartwright
    1993- Los Angeles police began an investigation into child abuse allegations against Michael Jackson. The investigation began after the son of a Beverly Hills dentist told his therapist that Jackson sexually abused him. Jackson's security consultant claimed the allegations followed a failed attempt to blackmail the singer for 20 million dollars. Although no criminal charges were laid, lawyers for the 13 year-old filed a civil suit a month later claiming damages for sexual battery, seduction and other allegations. The suit was settled out of court in January 1994. Reports said Jackson paid anywhere from $5 to $24-million. During the initial uproar over the investigation, Jackson cancelled or postponed several dates on his "Dangerous" world tour, citing illness or exhaustion. He later called off the rest of the tour, saying he would undergo treatment for an addiction to pain killers. Jackson said he began taking the drugs after his scalp was burned while filming a Pepsi commercial several years earlier, and the stress over the sex abuse allegations made the addiction worse. He subsequently married several women, and I believe claimed to have fathered two children.
    1993- Texas Ranger superstar Nolan Ryan strikes out Angel catcher Greg Myers for his 5,714th and final career strikeout.
    1994 - "II", by Boyz II Men, debuted at number one on the "Billboard" U.S. album chart. Cuts on the LP: "Thank You", "All Around the World", "U Know", "Vibin’", "I Sit Away", "Jezzebel", "Khalil [Interlude]", "Trying Times", "I’ll Make Love to You", "On Bended Knee", "50 Candles", "Water Runs Dry", "Yesterday". "II" was #I for IV weeks.
    1997- the old Canadian National train station in Liverpool, Nova Scotia was reopened as the Hank Snow Country Music Centre. Ill health prevented the 83-year-old Snow from attending the ceremony in his hometown. He had moved to Nashville in the 1950s. Snow donated two vintage cars and one of his famous rhinestone suits to the centre.
    1988 - Early in the morning a tornado hit Kelly Air Force Base in San Antonio, TX, injuring three persons and causing twenty-eight million dollars damage. A second tornado on the northwest side of San Antonio caused six million dollars damage, and a third tornado in Bexar County killed one person and injured another. Thunderstorms associated with Hurricane Gilbert spawned a total of forty-seven tornadoes in a two day period, with forty of those tornadoes in central and south central Texas.
    1989 - Hurricane Hugo hit the Virgin Islands, producing wind gusts to 97 mph at Saint Croix. Hurricane Hugo passed directly over the island of Saint Croix causing complete devastation and essentially cutting off the island from communications. A storm surge of five to seven feet occurred at Saint Croix. The only rain gauge left operating, at Caneel Bay, indicated 9.40 inches in 24 hours. Hurricane Hugo claimed the lives of three persons at Saint Croix, and caused more than 500 million dollars damage. A ship, Nightcap, in the harbor of Culebra, measured wind gusts as high as 170 mph. A cold front brought high winds to the Great Basin and the Rocky Mountain Region, and thunderstorms along the cold front produced wind gusts to 66 mph at Yellowstone Park WY.
    2006-- For the first time in thirty years, the Red Sox sweep a doubleheader from their arch rivals, the Yankees. Boston hadn't beaten the Bronx Bombers twice in one day since July 31, 1976, and Independence Day of 1973 was the last time they did it as the visiting team.



Baseball Poem

The Crowd At The Ball Game

        by William Carlos Williams -

The crowd at the ball game
is moved uniformly
by a spirit of uselessness
which delights them—

all the exciting detail
of the chase

and the escape, the error
the flash of genius—

all to no end save beauty
the eternal—

So in detail they, the crowd,
are beautiful

for this
to be warned against

saluted and defied—
It is alive, venomous

it smiles grimly
its words cut—

The flashy female with her
mother, gets it—

The Jew gets it straight— it
is deadly, terrifying—

It is the Inquisition, the

It is beauty itself
that lives

day by day in them

This is
the power of their faces

It is summer, it is the solstice
the crowd is

cheering, the crowd is laughing
in detail

permanently, seriously
without thought




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?



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