Senior Contract Specialist, Los Angeles. Bachelor's Degree plus five years of leasing
contract experience required. Full description: here.
Email resume with salary history to sgreen@bankofthewest.com
Website: www.bankofthewest.com
July 27, 2004
Headlines--Printing Leasing News
Classified Ads—Asset Management
Economic Events This Week
Wake Up! Discounters!!! Banks!!! Investors!!!
Deadline This Friday--Lessors Fall Showcase
Classified Ads---Help Wanted
PFSC Assets under Management Exceed $10 Billion
Marlin Quarterly Vendor Activity Survey Results
News Briefs--"Gimme that Wine"
This Day in American History
Baseball Poem
######## surrounding the article denotes it is a “press release”
-------------------------------------------------------------------------------
http://64.125.68.90/LeasingNews/Current_Ads/TLL.
htm
-----------------------------------------------------------------------------Printing Leasing News
A few readers still like the text format, as they say they can’t read the
web edition on the Blackberry or other portable device. Other readers
say they prefer to print Leasing News rather than read on the screen.
There are several ways to print Leasing News. In word, when the
notice comes up, select pages and then type in the pages you want
printed.
You may also use a “print screen” feature in Microsoft word. Hit the
“print screen” key on your keyboard, then open up work, and click on
the tool “paste.” You may also by a program that has other features,
such as www.americansys.com.
Perhaps the best method is to utilize Adobe Professional, where you
can print specific pages, or format in any Adobe manner, plus read in a
better format on a smaller screen.
Many portable communication devices today also have Adobe on them.
This is the best manner to read Leasing News on a portable device. If
your device does not have the ability to go on the internet, you can
download the adobe file and send as an e-mail or save on your device.
On the web site, click on the “file” toolbar and hit “save as” and then
choose where you want it saved---it can be Adobe or a Temp file.
Open Adobe and find the location ( don’t forget to change the bottom
to “all files.” Then click on it and you have Leasing News in Adobe. To
print or save specific pages(s), go to “document”, then “pages,” and
open it up.
If you don’t know the specific page, simply on the lift, click on the
adobe “pages” and it will give you a thumb nail of each page.
You can also save this as a file to copy to work or to send to another
e-mail user. Of course, you can use our web site feature “Send this
page to a friend,” where you may also include an e-mail message, too.
------------------------------------------------------------------------------Classified Ads—Asset Management
“I have recently found a job and would very much appreciate it if you
would delete my ad.
“Suggestions for job hunters? I strongly encourage applicants to
differentiate themselves by doing something different. I took
chocolate chip cookies to some of my interviews; those seemed to go
better! Also, I have always been an advocate of the assumptive close;
tell them about the business you will be bringing and when.
“You have provided me with a great resource and I appreciate that.”
Best regards,
Bill Schulte
amlifter@aol.com
Asset Management
Asset Management: Austin, TX. 20+ years exper. lease/finance. P
& L responsibility, strong credit & collection management, remarketing& accounting. Computers, construction, auto &
transportation. Both commercial/ consumer portfolios. Email:
kmalone@austin.rr.com
Asset Management: Bloomfield Township, MI.
15+ yrs experience asset management and credit analyst.
Leadership and training skills. Audited returns, max residual, lease end
and resale negotiator.
E-mail: cmcozzolino@msn.com
Asset Management: Chicago, IL. MBA, 15+ years exp. Long history
of success in maximizing residual position through outstanding
negotiation skills & lease contract management. Third party remarketing, forecasting etc... email:jgambla@aol.com
Asset Management: Oxnard-Hollywood Beach, CA.
19 Years w/Equity Analysis/Placement and Residual Forecasting of
Computer Assets. Portfolio Manager for Two Major Lessors and Strong
Analyst Background w/Leading Information Services Firm.
email: GregoryMLorenz@aol.com
Asset Management: Princeton, NJ.
Asset management/credit/collection
20+ years experience in equipment financing. Last five years in Asset
Management including remarketing, end of lease negotiations,
equipment and market evaluations E-mail: bgaffrey@earthlink.net
Full list of all classified “Job Wanted” ads at:
http://64.125.68.90/LeasingNews/JobPostings.htm
Economic Events This Week
Today
July 27
Housing Construction: June
Thursday
July 29
Leading Indicators: June
Weekly Jobless Claims
-------------------------------------------------------------------------------
http://www.leasingnews.org/Ads/LN_ad_test.htm
Wake Up! Discounters!!! Banks!!! Investors!!!
by Christopher Menkin
Leasing News has been writing about the potential “jury pool”
for NorVergence customers who leased their equipment. The Telecom
Agent Association have started a “legal co-op” and the various state
governments and the federal government is also getting involved.
Their goal is outspoken: breaking the distance of responsibility
of equipment and its financing.
The theme is the leasing company’s have responsibility in accepting
both seller of equipment and its use, not just the credit or financial
strength of the lessee (debtor). This fundamental breach of capital
leases ( not “maintenance leases”) will have repercussions for years to
come.
Perhaps as many as thirty leasing companies, not including many
independent banks, are involved. The money will be much more
than Leasecomm lost in its suit regarding small ATM leasing contracts.
It will be a bigger scandal than OPM Leasing ( “Other People’s
Money.”) A class action suit will be a “donnybrook” with each attorney
representing their “circumstance.”
Reporters have been calling since NorVergence could not make
payroll ( according to many employees, checks issued to them
are still “insufficient funds.”) Originally, the estimate was $3
million in debt, then the telephone companies said, “ No, it was $30
million that was owed, so the filing went form #11 to #7
as everyone knew NorVergence could not even make payroll.
The question asked was what did Leasing News think was involved.
From the very beginning, considering there were as many 7,000 lease
contract written (they had 11,000 customers, they said in
advertisements,) my guess was “at least $100 million.” Reporters
were astonished. Today attorneys believe this will grow into a $200 to
$250 million scandal.
In the past, small dollar equipment leasing contracts, meaning under
$50,000, and especially under $25,000 were too costly for the average
lessee to engage in a legal battle. Leasing companies would settle,
write-off, or get simple judgments. In today’s instant internet
communication, listserves, bogs, web sites, it is very easy for groups
to get together and pool their information and resources. In this
specific case, we have a non-profit organization that has organized a
“legal co-op.”
This is very serious to the leasing industry. What is being said
on the internet sites are from people who most likely will either
be or the jury pool, or their friends or relatives and at worse
is their “point of view.”
Here are some of the comments
” They (this leasing company) partnered with a Company
Norvergence) to provide a product, and on-going service. In the case
of a small business it is a struggle just to keep the store open-- let
alone being an expert on all of the peripheral services you depend on!
Explaining that the customer should have a -"Done their
telecommunications Homework"- before they sign a lease for that
service doesn't wash with me. You should be able to trust
someone...you would think. I would think that with the numbers we
had here, maybe the leasing companies should have done some
homework. Why should the leasing business be bullet proof and risk
free?”
“Let’s let a jury decide if the leasing company had responsibility
as ‘lessor’.”
“Let them end up with the same fate that YOU have deemed
appropriate for many of these small businesses - financial hardship...
Lets have a few leasing companies go out of business, then maybe
the industry will be a bit more ethical in who they enter into dealings
with.”
“Hopefully,
members of the bench (legal that is) agree with me.”
and from Leasing News readers:
“As a lease professional I certainly understand that the lessor is in no
way responsible for the equipment performance, and the lessee
acknowledges that in the docs. But as a consumer, you would a
company that is effectively "endorsing" the product by providing a
private label program or discounting relationship to have some
confidence in the vendors ability to perform.
“ If the lessee secured its own unrelated financing it would be a
different story, the lessor could pull the 'buyer beware' card, but since
the lessor was working in concert with the vendor - that is going to be
tough. The lessors are going to have a tough time making the case
that they never complete due diligence on the vendors they discount
from because they are not dependent on the equipments performance.
The lessees bought a 'telecom solution', part of that solution was
financing offered by NorV on NorV docs. Their claim will be that they
believed that if the company failed there would be no more service but also no more payments, regardless of what the docs say. For all
we know NorV salespeople might have been telling them that.....”
There are over 10,000 companies involved. Even if only 10% get
together, monetarily and politically, they will be a force to be reckoned
with.
http://www.leasingnews.org/#norv
--------------------------------------------------------------------------Deadline This Friday--Lessors Fall Showcase
The Lessors Network Fall Showcase...
National Lease Funding Source Showcase
Ritz-Carlton | Atlanta, GA | August 25-26
Attendee Registration - $750 | Registration Lottery - $200 | Hotel $170
Open for bankers, brokers, discounters, lessors
Showcasing...
Banc One Leasing Corporation | Bank of America Leasing... | Burr
Wolff | Capital Data, Incorporated | Caterpillar Financial... | CIT
Technology Fin... | Republic Financial Corp | Russell Equipment Co.,
Inc. | SunTrust Leasing Corporation | Vision Financial Group,Inc. | De
Lage Landen Financial Services | Douglas-Guardian Services Corp. |
eLease | First Prime Capital, LLC | Fitch Ratings | Fortran Group
International, Inc. | GE Commercial Finance | GlobalTech Portfolio
Services | IKON Office Solutions | International Decision Systems |
Marshall & Stevens Inc. | Mayer, Brown, Rowe & Maw LLP | Midwest
Equipment | Oracle Corporation | ORIX Public Finance | RBS Lombard,
Inc, | SG Americas Securities, LLC | Sullivan & Worcester LLP |
Valuation Research Corporation | Wells Fargo Financial Resources |
Wells Fargo Financial Preferred Capital | and more...
About the Event
http://www.lessors.com/events.html
About the Registration sliding cost program
http://www.lessors.com/Events-2004/Fall/register.html
Classified Ads---Help Wanted
Account Executive / Small ticket leasing account reps
Account Executive: Leasing professional in the small to middle market with at least
3 years business development and direct sales experience. Dallas, Denver or Chicago
location. Strong commission plan plus benefits. E-Mail tbecker@bankbv.com.
About the Company: Bank of Blue Valley is a locally owned community bank with
$600 million in assets. We are one of the leaders in the Kansas City financial
community. Our bank offers true community banking with services,
products and convenience for businesses, families and individuals seeking a
complete banking relationship. Check out our website @ www.bankbv.com.
Small ticket leasing account reps., nationwide. Seeking self starters with proven
ability to work individually. Our technology gives you the flexibility to work from
any location. Aggressive compensation structure, travel exp.,health insurance,
matching 401. Grow with us.
Send resume: tcetto@pinnaclecap.com
In addition to our our internal lines, we are partnered with 20 premier funding
sources. www.pinnaclecap.com
Business Development Office
Business Development Officer, leasing exp.,min 3 yrs business & direct sales exp.
Banking procedure knowledge helpful. Gilroy, CA location, serving four
surrounding counties. E-mail valdezd@1stnational.com or see Career Opportunities
www.pcbancorp.com
About the Company: Pacific Capital Bancorp is a $5+ billion, multi-bank holding
company dedicated to providing an enduring network of community banks on the
Central Coast of California. This unique partnership of independent banks provides
customers in six California counties with the financial strength and product
diversity of a big bank, delivered with the responsiveness and personalized attention
of a local community bank.
Credit-Funding-Operations
Credit Analyst: Seeking an energetic and organized Credit Analyst. At least one to
two years of experience as a Credit Analyst in financial services (banking,
insurance, leasing, or mortgage) is required.
Funding Manager: Seeking a very organized, detail oriented Funding Manager.
Minimum two years experience in brokering and discounting commercial
equipment transactions is required.
Operations Manager: Seeking an experienced Operations Manager with knowledge
of all sides of operations. Must have a minimum of five years related experience.
Send email or fax to Ryan Johnson, Corporate Recruiter.
Email careers@fivepointcapital.com
Fax: (888) 462-4305
Website: www.fivepointcapital.com
We are ready to hear from you and field any leasing questions that you may have.
Five Point Capital
10525 Vista Sorrento Pkwy
San Diego, CA 92121
Marketing Indirect Origination
MARKETING INDIRECT ORIGINATION:
New York. One of the largest ind. equip.lessors needs motivated, self-starter to
purchase single investor leases from institutional investors; min.transaction $1
million; portfolio of primarily investment grade lessees/good "story credits".
Min 3 yrs exp. sourcing/ originating leasing transactions, knowledge of credit and
pricing.E-mail: jobposting1@leasingnews.org
Senior Contract Specialist
Senior Contract Specialist, Los Angeles. Bachelor's Degree plus five years of leasing
contract experience required. Full description: here.
Email resume with salary history to sgreen@bankofthewest.com
Website: www.bankofthewest.com
Specialist
Port Leasing Sales Officer - Port of Long Beach: conducts/oversees negotiations for
leases, permits, property acquisition; prepares lease proposals; negotiates prop.
acquisition; neg. lease agreements with new/existing tenants; develops financial info.
to analyze lease proposals. College degree expected. Contact: Stuart Satow, CPS
Executive Search 916-263-1401, ssatow@cps.ca.gov Recruitment brochure
-----------------------------------------------------------------------------------------
### Press Release ##############################
Portfolio Financial Servicing Company (PFSC)
Assets under Management Exceed $10 Billion
Portfolio Financial Servicing Company (PFSC) announced the value of
portfolio assets under management have exceeded $10 billion.
Jerry Hudspeth, PFSC’s President and Chief Executive Officer
commented: “This growth is, in part, attributed to PFSC’s ability to
consistently meet the diverse needs of our clients and the high
standards of the structured finance market. In addition, the
introduction of PFSC’s new backup and successor servicing product,
BackupPlus, has become the industry standard for backup servicing.”
PFSC has also recently introduced state-of-the-art products for the
complete servicing and management of Captive Finance Programs, Net
Receivables Servicing, and Collateralized Debt Obligations (CDO’s).
Mr. Hudspeth added “PFSC strives for continuous improvement and
will work with the rating agencies, monoline insurers and lenders to
establish the highest standards for the management, oversight and
servicing of portfolios”.
About PFSC
PFSC is the largest independent commercial lease, loan, and
receivables servicing company in the U.S. and is headquartered in
Portland, Oregon. PFSC provides primary/master servicing,
backup/successor servicing, and consulting for lease, loan, and
structured finance portfolios. More information about PFSC can be
found at www.pfsc.com.
PFSC - Eric Gross: (503) 721-3226 egross@pfsc.com
### Press Release ########################
http://www.leasingnews.org/LN_Advertisers/WLY20
04.htm
Marlin Announces Results of Quarterly Vendor Activity Survey
MOUNT LAUREL, N.J--Marlin Business Services Corp., through its
subsidiary Marlin Leasing Corporation, announced today the results of
their Quarterly Vendor Activity (QVA) Survey, detailing equipment
vendors' current and expected sales activity.
"Although less optimistic than the first quarter's report, the second
quarter QVA results reflect a positive environment for equipment
sales," said Gary Shivers, President of Marlin. "The majority of
responses we received from our nationwide equipment vendors
indicate a strong demand for equipment which underscores positive
news for economic growth."
A few highlights:
-- During the past 90 days, 56.0% of the respondents said that
their company's sales volume was higher than the same period
last year.
-- 38.5% of all respondents characterized the current business
environment as "Strong" while only 10.1% characterized it as
"Poor."
-- Over the next 90 days, 77.2% of all respondents expect sales
volume to be higher than the current level.
-- QVA responses show a slight increase in the number of negative
answers during the second quarter.
About the Quarterly Vendor Activity Survey:
Marlin publishes QVA four times each year for its business partners.
Responses sample the sentiment of more than 4,000 vendors who
received questionnaires. Data for this second quarter report were
collected during the period from May 15, 2004 to June 10, 2004. For
additional information, visit our web site at www.marlinleasing.com.
About Marlin Business Services Corp.:
Marlin Business Services Corp. (NASDAQ:MRLN), through its
subsidiary Marlin Leasing Corporation, is a nationwide provider of
quality leasing programs to equipment vendors and their customers.
Marlin's unique origination platform provides service to over 69,000
customers from its regional offices in Denver, Atlanta, Chicago,
Philadelphia and Mount Laurel, New Jersey. For more information,
contact Marlin at 1-800-479-9111 or visit their web site at
www.marlincorp.com.
CONTACT:Marlin Leasing Corporation, Mount Laurel Deborah Affonsa,
800-479-9111, ext. 6155 daffonsa@marlinleasing.com
### Press Release ####################################################
News Briefs--Sales of existing homes hit all-time high in June
http://www.signonsandiego.com/news/business/20040726-1443economy.html
San Diego median home price: $580,670/Top Ten In California
http://www.signonsandiego.com/news/business/20040726-1357homeprices.html
Venture Capital Investments Increase
http://www.washingtonpost.com/wp-dyn/articles/A17016-2004Jul27.html
American Express Profit Rises on Card Use
http://www.washingtonpost.com/wp-dyn/articles/A16083-2004Jul26.html
BellSouth Realignment Continues, Adds 120,000 DSL Users
http://www.internetnews.com/bus-news/article.php/3386001
Google Expects Pricey Offering
http://www.washingtonpost.com/wp-dyn/articles/A16592-2004Jul26.html
Boise Cascade selling timber assets for $3.2B
http://www.usatoday.com/money/industries/manufacturing/2004-0726-boise-officemax_x.htm
At the Democratic Convention, Reporters Outnumber Delegates 6 to 1
http://www.nytimes.com/2004/07/27/arts/27REPO.html?pagewanted=all
Popular Political Satire Site on Presidential Election
http://www.jibjab.com/
Not just a gimmick -- the best camera phones
http://www.sfgate.com/cgibin/article.cgi?file=/chronicle/archive/2004/07/26/BUGGU7S9NC1.DTL&type=business
-----------------------------------------------------------------------------------------------------------“Gimme that Wine”
New Jersey Passes Pouring
Lawhttp://www.winespectator.com/Wine/Daily/News/0,1145,2544,00.html
California State wine sales growing
http://www.recordnet.com/articlelink/072504/business/articles/072504-b-2.php
Beaulieu donates $20,000 to restore Napa
Riverhttp://www.napanews.com/star/templates/index.cfm?template=story_full&id=A48F
66D5-20F6-4A27-98B2-1CA150379DA0
Priorat - worth the money?
http://www.jancisrobinson.com/winenews/2004/winenews0724.html
Investors Knew The Risks In Vineyard Bankruptcy
http://www.mantecabulletin.com/articles/2004/07/22/oakdale/local_news/news02.txt
---------------------------------------------------------------------------------------------------This Day in American History
1686-Birthday of Mary Peck Butterworth, Colonial Counterfeiter. In 1722 Mary Peck
Butterworth's husband bought her a huge, fancy house that aroused the suspicion of
authorities. (She couldn't buy the house herself because the law forbade married women
owning anything on their own. It all belonged to the husband.) Even though the couple
was investigated by the authorities - and two of their "gang" turned state's evidence there were no convictions. Seems that Mrs. Butterworth developed a currencycounterfeiting process that used cloth that was immediately burned instead using the
usual counterfeiting tell-tale copper plates. The cloth "plate" evidence went up in flames
after each use so the prosecution's evidence disappeared in smoke. According to the
evidence given against her by her relatives who assisted her, she used a hot iron to press a
piece of starched cotton over a bill to transfer the pattern. Using the same method she
transferred the pattern to paper from the cloth. Then with a series of quills, she inked the
note by hand into an almost perfect note. She organized a true kitchen-cottage industry,
using her family including her brother and his wife who turned state's evidence. She was
said to be a tough task boss. She got so good at the business that she expanded her
operation into wholesaling bogus bills at half price.
Members of the organization were arrested, but all were acquitted. It is said she gave up
counterfeiting after that.
http://www.upenn.edu/pennpress/book/13384.html
1775—Dr. Benjamin Church was named Surgeon general of the Continental Army. He
was a traitor and spy who was caught passing information and jailed on November
7,1775. He had passed on information regarding several battles, including the Battle of
Lexington, and was privy to troop movement, strength,
and strategy. On a second attempt on sending information to the enemy via
a lady friend, his letter was intercepted and the decoded. General Washington conducted
the court marshal. Church was sentenced to a life term in prison. He began his
incarceration, but ill health enabled him to return to Boston where he was paroled.
Church received permission to immigrate to the West Indies; the ship that provided his
passage was lost at sea. It was later learned with certainty that Church had been in the pay
of General Gage and had furnished the British with a detailed description of colonial
military plans and equipment several weeks before Lexington and Concord.
http://www.u-s-history.com/pages/h1245.html
http://members.aol.com/tjoschultz/baker.html
1777- The beautiful Jane McCrea was murdered and scalped for her long blond hair
supposedly by Indians allied with the British General Burgoyne. Subsequent
investigation indicated she might have been killed by a stray shot and not by Indians. The
scalping horrified everyone and helped unite the colonies against British rule. A
monument now marks the spot where she was originally buried.
http://www.4peaks.com/fkmcrea.htm
1789-Department of State founded. The first presidential cabinet department, called the
Department of Foreign Affairs, was established by the Congress. Later the name was
changed to Department of State.
1841- Linda Richards birthday - U.S. nurse and educator. She received the first diploma
from the first school of nursing opened in the U.S. She went on to establish training
schools for nurses as well as directing several hospitals.
She retired in 1911 at age 70 when she wrote her autobiography, “Reminiscences of
Linda Richards.”
http://www.northnet.org/stlawrenceaauw/richards.htm
http://www.nurses.info/personalities_linda_richards.htm
http://www.aahn.org/gravesites/richards.html
1853---Birthday of Architect Cyrus Lazelle Warner Eidlitz.
http://memory.loc.gov/ammem/today/jul27.html
1857-Birthday of Jose Celso Barbosa-Puerto Rican physician and patriot, born at
Bayamon, Puerto Rico. His birthday is a holiday in Puerto Rico. He died at San Juan,
Puerto Rico, Sept 21, 1921.
1866-Atlantic Telegraph cable successfully completed.
1868-Uniforms for mail carriers were authorized by Congress. Before this
date, mail carriers could dress in any manner.
1905-Birthday of Leo Durocher, born at West Springfield, MA. He began his major
league baseball career with the New York Yankees in 1925. He also played for the St.
Louis Cardinals' "Gashouse Gang" and the Brooklyn Dodgers, where he first served as
player-manager in 1939. It was during that season that he used the phrase "Nice guys
finish last," which would become his trademark. As a manager, he guided the New York
Giants into two World Series. Following a five-year period away from baseball, he
resurfaced as a coach with the Los Angeles Dodgers in 1961. In 1966 he signed with the
Chicago Cubs as manager. After leaving the Cubs, he spent one season with the Houston
Astros, then retired from baseball in 1973. He died Oct 7, 1991, at Palm Springs, CA.
1909 - The record for the longest airplane flight was set by Orville Wright who was
testing the United States Army’s first airplane. Wright kept the craft aloft for 1 hour, 12
minutes and 40 seconds over Fort Myer, Virginia.
1921- Dr. Frederick Banting and his assistant at the University of Toronto Medical
School, Charles Best, gave insulin to a dog whose pancreas had been removed. In 1922
insulin was first administered to a diabetic, a 14 year old boy.
1921- Baseball fan Reuben Berman brought suit in New York County Supreme Court
against the New York Giants, alleging that on May 16 the Giants had “wrongfully and
unlawfully imprisoned and detained” him and threatened him with arrest. Berman further
alleged that he was “greatly humiliated before a large crowd of people…and thereby was
caused mental and bodily distress and was thereby greatly injured in his character and
reputation and in his physical health” Berman’s crime? He refused to return a foul ball
he had caught to a stadium attendant. Allowing fans to keep foul balls was not year a
general practice, but the court awarded Berman $100 and thus fans were allowed to keep
a caught foul ball.
Thank you, Reuben Berman.
1922—Birthday of Julius “Papa Cairo” Lamperez, born New Orleans. Louisiana Hall
of Fame member played steel guitar with Cajun and Western swing bands for 64 years;
the New Orleans native sang on Chuck Guillory & His Rhythm Boys' 1949 hit, "Big
Texas"; he later toured with Ernest Tubb, and recorded with Harry Choates and Chuck
Guillory. died 11/13/99; age 79
1937—Birthday of vibe player Charlie Shoemake Houston TX
http://www.vh1.com/artists/az/shoemake_charlie/bio.jhtml
http://talsanmusic.com/charlie/
http://www.allaboutjazz.com/reviews/r0703_060.htm
http://ubl.artistdirect.com/store/artist/album/full/0%2C%2C492644%2C00.html
http://ubl.artistdirect.com/store/artist/album/0,,1131096,00.html
1942 - In New York City, Peggy Lee recorded her first hit record. With instrumentals
provided the Benny Goodman band, Peggy sang "Why Don’t You Do Right" for
Columbia Records.
1943-Birthday of singer Mary Love, born Mary Ann Varney, Sacramento, CA
http://www.soulfulkindamusic.net/mlove.htm
http://www.musicstack.com/search/love,_mary.html
1943 - On a whim, and flying a single engine AT-6, Lieutenant Ralph O'Hair and
Colonel Duckworth were the first to fly into a hurricane. It started regular Air Force
flights into hurricanes
1948-Birthday of skater/television personality Peggy Flemming.
http://www.life.com/Life/covers/1968/cv022368.html
http://www.peggyfleming.net/
1953- the Armistice agreement ending war that had lasted three years and 32 days was
signed at Panmunjom, Korea ( July 26, US time ), by US and North Korean delegates.
Both sides claimed victory at conclusion of two years, 17 days of truce negotiations.
1955 - Chuck Berry's first hit record, Maybellene, entered the R & B charts.
1955-Billboard claims that only two singing stars can be considered guaranteed hit
makers these days: Nat King Cole and country star Webb Pierce. Throughout his long
and illustrious career, one that extended into 1982, Webb Pierce charted 96 singles, 54
Top Ten songs and 13 No.1 singles. In 1955, three of his tunes topped the charts for an
unprecedented 46 weeks... almost the entire year. Using a point scale that takes into
account both chart positions and longevity, Joel Whitburn ranks Webb Pierce as the No.1
artist of the 50’s, leagues ahead of Jim Reeves (No.14) Eddy Arnold (No.2) Hank
Williams (No.6) and Lefty Frizzell (No.16). It is estimated that his record sales to date
total over 65 million copies and his influence can still be felt throughout the world at
every age level and in every musical genre.
http://www.slipcue.com/music/country/webbsite/webbintro.html
http://www.webbpierce.net/
http://hammer.prohosting.com/~coollz/webbwords.htm
1959 - The brothers, Santo and Johnny (Farina), of Brooklyn, New York released their
one and only hit record, the instrumental "Sleepwalk," which would be the number one
song for two weeks. "Tear Drop," their next song, only went to number 23 on the pop
charts.
1962- During the unsuccessful Albany, Georgia movement, Dr. Martin Luther King,
Jr., is arrested and jailed for the third time. During months of protests, Albany's police
chief jailed hundreds of demonstrators without visible police violence. Eventually the
protesters' energy, and the money to bail out protesters, ran out. The movement was lost,
until the spring of 1963 in Birmingham, Alabama.
http://www.africana.com/research/encarta/mlk.asp
http://www.stanford.edu/group/King/publications/autobiography/chp_16.htm
1965-The Beach Boys' "California Girls" is released.
1966- The Wisconsin Supreme Court overrules a lower court decision and holds that
the state doesn't have the jurisdiction to keep the Braves from moving to Atlanta.
1974 - "Annie's Song," John Denver’s biggest hit song, written for his wife, reached the
top of the "Billboard" singles charts. Denver enjoyed three other number 1 songs:
"Sunshine on My Shoulders", "Thank God I’m a Country Boy" and "I’m Sorry".
1976 - Former Beatle John Lennon won formal permission to remain in the United
States as a permanent resident and would be eligible for United States citizenship in five
years.
1979- Little Richard -- billed as the Reverend Richard Penniman -- spoke to a revival
meeting in San Francisco about the dangers of rock & roll
1986-Lemond Wins Tour de France. Cyclist Greg Lemond became the first American
to win the Tour de France, the most important bicycle race in the world.
1987 - Freeway shooting incidents were all the news in Los Angeles, California. There
had been nine incidents involving vehicles and guns since June 18, 1987. There were
actually two motorists shot to death and four others injured.
1988 - Hot weather prevailed in the north central U.S. Williston, ND, reported a record
high of 108 degrees. Thunderstorms produced severe weather in the eastern U.S., and in
southeastern Texas. Richland County, SC, was soaked with up to 5.5 inches of rain.
1988 --Boston's worst traffic jam in 30 years. “ People in Boston either talk about how
the Red Sox are doing or the traffic. But since the I-90 tunnel extension to South Boston
opened in January and the I-93 northbound tunnel beneath downtown opened in March—
two major elements of the now infamous "Big Dig" project—they only have one of the
two to complain about. Rush hour, which used to span 10 to 12 hours, has been cut in
half.”
http://www.keepmedia.com/ShowItemDetails.do?itemID=264504
1988 --Radio Shack announces the Tandy 1000 SL computer.
1989 - Thunderstorms produced severe weather from Wisconsin and northern Illinois to
New England, with 103 reports of large hail and damaging winds through the day.
Thunderstorms in Wisconsin produced hail three inches in diameter near Oshkosh, and
wind gusts to 65 mph at Germantown
1996 - During the Olympic Games in Atlanta, Georgia a bomb exploded in an
entertainment park killing two and wounding 110. A man was uprightly convicted in the
newspapers, then let free, and no other suspect nor the person who set
off the bomb has been found to this date.
1996-Canadian sprinter Donovan Bailey won the 100 meters at the 1996 Summer
Olympics in Atlanta in the world record time of 9.84 seconds. The previous mark, set on
July 6, 1994 by Leroy Burrell, was 9.85 seconds.
1998- Sammy Sosa hits his first career grand slam establishing the mark for most
career homers before hitting a grand slam (246).
2000 -Toronto skipper Jim Fregosi wins his 1,000th game as a big league manager as
the Blue Jays beat the Mariners, 7-2.
Baseball Poem
"A clever runner steals a base." - James J. Metcalfe
James J. Metcalfe was a widely syndicated columnist for the Chicago SunTimes and a German-American poet that put together a very nice poem that truly
does catch the essence of the game in a most eloquent manner.
Baseball
by James J. Metcalfe ©
Published: Unknown (Unknown)
The game of baseball is the king
Of all the games we play
And it is one pursuit that is
Distinctly U.S.A.
The people swarm into the stands
To watch their favorite teams
And munch their hot dogs when their lungs
Are not engaged in screams
The pitcher hurls the horsehide and
The batter gets a hit
Or else the ball goes sailing and
Some fielder smothers it
A clever runner steals a base
A player takes a walk
Or managers and umpires
Decide to have a talk
The crowd is gay or gloomy or
Completely in suspense
But it goes wild when someone knocks
The ball beyond the fence.
http://www.baseball-almanac.com/poetry/po_bball.shtml