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ELD Marketing Specialist
Walnut Creek, CA

Serve as a liaison between the leasing department and several hundred brokers . Requires a BA/BS; 3+ years of leasing and contract experience; Click here for detailed description & resume submission info.
  

Monday, August 21, 2006

Headlines---

Classified Ads---Senior Management
    Baycap joins “Funder” List
    (Fifty new funders added)
Top Stories--August 14-18
    Leasing 102--by Terry Winders, CLP
    “$1 Purchase Options”
Alexa Ranks Leasing Media Web Sites
    Classified Ads---Help Wanted
        Why I became a CLP-- Carl Villella
        “Be a student of your profession”
Calculators—lease/finance “up-dated”
    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--Tim Peeler
            SuDoku Puzzle

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Classified Ads---Senior Management

Columbia Crest Winery, Paterson, Washington *

Ray Einberger, Winemaker

Atlanta, GA
Commercial Finance and Leasing expert with proven success in the transportation finance industry. Working directly with company Presidents to develop national transportation programs.
Email: mll1946@comcast.net

Atlanta, GA
Experienced leasing exec looking for next challenge. Various asset types, deal sizes and channels. Turn-around or expansion opportunity.
Email: akimicata@mindspring.com

Baltimore, MD
25 year veteran of commercial and equipment leasing seeking a senior management position with leasing or asset based financing company in the southeast (Florida preferred)
Email: kellogg_md@yahoo.com

Chicago, IL
25 + yrs. exp. 18 w/ two captives. Currently SVP captive started for Japanese multi-national distributor. Looking to do same w/another mfg. or distributor.
Email: pilot13@sbcglobal.net

Denver, CO
Fortune 500 GM/SVP wants to team up with aggressive lender looking for Western expansion mid-market equip. finance/leasing. 20+ years experience within Rocky Mountain/Southwest and Ca markets.
Email: legal@csotn.com

Hope, NJ
25 years in optimizing call center operations, collections, billing, and back end revenue generation. Experienced in $7 + billion dollar portfolios. Verifiable achievements.
E-mail: cmate@nac.net

Irvine, CA
Credit executive, portfolio manager and syndication facilitator. Extensive business building experience in small and mid-ticket operations. Highly innovative. Fortune 100 audit and technology skills. Bottom-line manager.
Email: lenhubbard@bigfoot.com

Jacksonville, FL
15+yrs Collections/Customer Service Expert. InfoLease, CARMS,managed staffs excess 100 VERY successfully - will relocate WITHIN Florida for right position ~ SIMPLY THE BEST
Email: rafftink@aol.com

Lawton, OK.
Twenty years, I have been the President of Cash Financial Services. I sold my loan portfolio. Resume.
http://www.geocities.com/bobbybenmoore/
email: bobmooreok@email.com

Long Island, NY
Degree Banking/Finance. 13 years leasing exp. Now prez young leasing company where promises were not met. Interested in joining established firm with future.
Email: bob33483@yahoo.com

New York, NY, NJ, Ct Tri-State
Top Exec. middle and big ticket, top skills treasury, funding, ops,transaction detail, syndication, ready to max profit, help build quality operation. right now!
E-Mail: leasefinance@optonline.net

Orange County, CA
25+ years experience large ticket equipment finance companies and commercial banking. Operations, documentation, legal, credit, workouts, portfolio management. $2+Billion portfolio. Seeking CFO, COO or similar.
Email: finance1000@cox.net

Philadelphia, PA
27 yrs. exp. sales, ops., credit, strategy, P&L mngmet. Most recently created & executed the biz plans for 2 highly successful Bank-owned small ticket leasing subsidiaries.
email: mccarthy2020@comcast.net

Portfolio Management Consultant ;
25+years experience in Collections, Customer Satisfaction, Asset Management, Recoveries, Continuous Process Improvement, Back end Revenue Generation, Cost per Collection Analysis. $5+Billion Portfolio expertise.
Email: efgefg@rogers.com

Salt Lake City, UT
GM in Sales, Marketing & Operations for Several technology captives. Seeking new adventure in Western States. Consultant of full time.
Email: stevegbdh@hotmail.com

San Francisco, CA
25 years experience w/global leasing company, sales,marketing,business dev., P&L responsibility, asset mgmt, brokering and re-marketing. Interested in joining an est. firm with a future.
Email: rcsteyer@yahoo.com

Sausalito, CA
Sr. Corp. officer, presently serving as consultant, fin. service background, M&A, fund raising, great workout expertise, references
Email: nywb@aol.com

Syracuse, NY
Int. equip. leasing exec. 25 yrs global P&L sr. mngt., including corporate turnarounds, strategic planning, new biz dev., structure finance, contract neg., vendor leasing specialist.
Email: jimh356094@aol.com

Tampa, FL
20+ yrs small/middle ticket finance, operations/ sales management exper. Outstanding record of revenue enhancement, operational improvement and team development.
Email: rlindcpa@earthlink.net

Wilmington, DE
Over 15 years experience managing Credit, Risk Management and Fraud operations for large Financial Institution. Proven Results. Anywhere between NYC and DC for right opportunity.
Email: cklous@comcast.net

For a full listing of all “job wanted” ads, please go to:
http://64.125.68.91/AL/LeasingNews/JobPostings.htm

To place a free “job wanted” ad, please go to:
http://64.125.68.91/AL/LeasingNews/PostingForm.asp

* * http://www.columbia-crest.com/

400 wineries and nine federally recognized American Viticultural Areas (AVAs) in the State of Washington.

[headlines]

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joins “Funder” List---which is now also up-dated

Funder - Update

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

Name
In Business Since
Contact
Website
Leasing Association
Employees
Geo
Area
Dollar
Amount
Business Reports
A
B
C
D
E
Baycap, Inc.
(affliate of Beach Business Bank)
2003
Todd Sheets
310.944.9900
www.baycapinc.net
ELA, NAELB & UAEL
9
National
$10,000 to $1,000,000
BBB
CNI 1
Y
N
N
N
Y

 

Fifty new funders have been added to the list, resulting in a need to break the lists into “A” and “B.” There is another group of funders to be added in the next 30 days, plus the ones on line need to be up-dated with recent news events and other information.

Funder List “A” is composed of companies where Leasing News has been able to verify the number of employees

(how the companies are ranked.) The alphabetical listing on top will also take you directly to the specific company you are searching for.
http://www.leasingnews.org/Funders_Only/Funders.htm

Funder List “B” is by alphabetical listing. When Leasing News or the company listed provides the necessary information, the company will be then located to List “A.”
http://www.leasingnews.org/Funders_Only/Funders_B.htm

[headlines]

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Top Stories--August 14-18

Here are the top ten stories most "opened" by readers last week.

(1) Evergreen" Ex-salesmen say leases are scams
http://www.leasingnews.org/archives/August%202006/08-18-06.htm#scam

(Note the Amplicon connection in the article.)

(2) Broker Commission Survey
http://www.leasingnews.org/archives/August%202006/08-16-06.htm#survey

Perhaps readers thought this was the "results" of the survey. Actually Leasing News was asking readers to contact Linda Kester with information “on” or “off the record.”

"If your company works with equipment leasing brokers, please contact her.

"If you are an equipment leasing broker, please let us know what “funders” are offering you to send business their way.

linda@lindakester.com

(3) August 18, 2000---Archives
Metrolease Ceasing Operations
http://www.leasingnews.org/archives/August%202006/08-18-06.htm#arch

(In this, we up-dated the archives with John Blazek's “new” company, "Evergreen Leasing.")

(4) Mongolia: IFC Advises on New Financial Leasing Law
http://www.leasingnews.org/archives/August%202006/08-14-06.htm#ifc

(I bet readers thought this was IFC Credit Corporation and not International Finance Corporation, the private sector arm of the World Bank Group. Perhaps they also thought Mongolia was going to the sign of a humorous piece. It was serious. It shows that leasing is getting popular everywhere, even in Mongolia.)

(5) Sales makes it Happen --by Kit Menkin
"UAEL Remuneration Survey"
http://www.leasingnews.org/archives/August%202006/08-16-06.htm#sales

(There were "results" compiled by UAEL for the May Conference in Dana Point, California. Perhaps it should have been title "Salesmen pay Compensation," but since it had information on credit managers, funders, and others, thought this title covered it all.)

(6) Super "Broker/Lessor" List
http://www.leasingnews.org/archives/August%202006/08-14-06.htm#bllist

(Some minor up-dates, in telephone numbers, etc. We try to keep these lists current, usually with the help of the people on the list. We are told by those on the list that they have gotten "business" from being here.)

(7) FICOs dip, 40-year mortgages rise
http://www.leasingnews.org/archives/August%202006/08-16-06.htm#fico

(Readers are starting to see the results of sub-prime mortgages, and interest only mortgages, such as losses now being experienced by NetBank, among others; plus new programs grow such as "reverse mortgages" and 40-year mortgages!!!)

(8) Linda Kester Waiting for your e-mail
http://www.leasingnews.org/archives/August%202006/08-14-06.htm#kester

(This is the announcement to contact Ms. Kester regarding broker commissions at your company. The purpose was not have a statistical survey, but to get her opinion on the increasing percentage of commissions to attract equipment leasing brokers. You can still reach her at: linda@lindakester.com )

(9) Leasing Library Closed---Parker Retires
http://www.leasingnews.org/archives/August%202006/08-16-06.htm#retire

(“Where did it go and why?" Ted said in the first line of his announcement of retirement. Boy, I sure know what he is talking about.)

(10) More on CMC $300 Million Tax Evasion Indictment
http://www.leasingnews.org/archives/August%202006/08-18-06.htm#cmc

(I think this would have been higher, but it followed the Wednesday "flash" which hit the East Coast at 5pm, so Thursday the original story was highly read.)

The Flash

CMC Officers Indicted for $300 Million Tax Evasion

http://www.leasingnews.org/archives/August%202006/08-18-06.htm#cmc

(This was basically a press release sent by the US Attorney's office in San Diego. Leasing News has been a resource of information, they reported and wanted to reciprocate. As a matter of fact, the most requested information in our archives concerns the Commercial Money Center, and the most e-mail about up-dates concerns CMC as to "what is happening?" Here you got a case with three major government agencies, alphabetically, the FBI, IRS, and US Attorney, working together to bring down this indictment. I can report here that many readers sent emails to us congratulating the three agencies' hard work. Many brokers, funders, and customers, too, were celebrating.

[headlines]

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Leasing 102
“$1 Purchase Options”

by Mr. Terry Winders, CLP

What separates a $1 P.O. Lease from an installment loan?

The OCC and the Federal Reserve separates a Lease from a loan (including a $1 P.O.) for the following reasons.

1. A lease requires a non-cancelable term. A loan is cancelable
2. The accounting for Capital Leases ($1 P.O,) leases is different under GAAP requirements
3. A loan usually requires down payments, financial restrictions, or additional collateral. Leases do not contain any of these requirements.
4. Servicing a lease requires following for monthly sales tax, and annual property tax that does not exist in a loan.
5. Documentation for lease transactions requires documents not used in lending such as. Purchase orders, vendor invoices, sales tax remittance forms, acceptance forms and others.
6, Lease Insurance requires the lessee to purchase and provide “Liability” coverage in addition to the “Loss Payable Clause.
7. Lease documentation (master lease agreement) has requirements for equipment maintenance and return conditions not found in lending.
8. Lease documentation contains strong language and many defaults not found in loan documentation such as: equipment location; if location changes then sales tax changes. This requires a lease accounting package that can create location reports on multiple assets to insure proper tax remittance, or a default if equipment does not follow manufactures required maintenance schedule plus other requirements not found in traditional loan documentation.
9. Late charges on lease's are usually 5% of the payment or have a Minimum not found in Loans.
10. Lessee's use $1 leases to control costs if they are not using GAAP accounting

In short a lending department does not have the tools or the training to account for or handle an equipment lease regardless if the UCC decides it is an article 9 transaction.

Case law will only determine if the lease meets legal or tax standards and when I called the OCC and the Federal Reserve for references they both said that they have never challenged $1 P.O. leases.

Mr. Terry Winders has been a teacher, consultant, expert witness for the leasing industry for thirty years and can be reached at leaseconsulting@msn.com or 502-327-8666

[headlines]

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Alexa Ranks Leasing Media Web Sites

Rank
8/18/2006
7/18/2006
 
WEBSITE NAME
1.
99,806
98,625
  www.aba.com American Bankers Association
2.
110,402
110,738
  www.leasingnews.org  Leasing News
3.
218,713
223,624
  www.monitordaily.com Monitor Daily
4.
287,999
281,453
  www.elaonline.com Equipment Leasing Association
5.
729,868
862,194
  www.ibaa.org Ind Community Bankers of America
6.
863,214
864,537
  www.cfa.com  Commercial Finance Association
7.
910,638
1,007,021
  www.us-banker.com  U.S.Banker
8.
988,774
994,974
  www.naelb.org* National Assoc. of Equip Leasing Brokers
9.
1,013,661
1,036,712
  www.iicl.org  Institute of International Container Lessors
10.
1,046,736
938,723
  www.uael.org  United Association of Equipment Leasing
11.
1,152,185
1,070,461
  www.leasecollect.org Lean -Lease Enforcement Att Net
12.
1,378,944
1,230,210
  www.lessors.com  eLessors Networking Association
13.
1,666,869
1,782,478
  www.leasingnotes.com Leasing Notes
14.
2,700,038
2,025,502
  www.executivecaliber.ws  Exec Caliber-Jeffrey Taylor
15.
2,831,724
2,848,667
  www.Leasingpress.com Leasing Press
16.
3,397,167
3,416,981
  www.leasefoundation.org Equip. Leasing & Fin Fndn
17.
3,613,993
3,011,793
  www.clpfoundation.org   CLP Foundation
18.
3,614,473
3,636,136
  www.leaseassistant.org Lease Assistant
19.
5,246,816
5,268,829
  www.nationalfunding.org The National Funding Assoc
20.
5,630,267
3,216,706
  www.eael.org*Eastern Association of Equipment Leasing
21.
No Data
No Data
  www.aglf.org  Assoc of Government Leasing  Financing
22.
No Data
No Data
  www.efj.com Equipment Financial Journal

David G. Mayer's Business Leasing News is not included in the Alexa report list as it does not have its own individual site and Alexa finds Patton Boggs, LLP Attorneys at Law.  The rating is not valid as it includes all those who visit and communicate with the law firm.  When Business Leasing News has its own individual web site, it will be included in the Alexa survey.

*It should also be noted that two web sites have their "list serve" posted via their site, meaning their e-mails are counted as a visit to the site, whereas they are "list serve" communication.  These are technically visits to the web site, but primarily to use "list serve."

These comparisons are compiled by Leasing News using Alexa and should be viewed as a "sampling," rather than an actual count from the website itself.  Other than as noted above, we believe the ratings are reflective as most have stayed in the same position, basically, for over a year.

The Alexa tool bar works on most browsers.
They are partnered with Google.

You may download their free tool bar A graph and analysis of the last three months are available.

( Note: the lower the number, the higher you are on the list. It is based on all web sites. Leasing is only a very small part of the various sites such as Yahoo, MSN, Google, etc. )

 

[headlines]

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Classified Ads---Help Wanted

Marketing Specialist

  
ELD Marketing Specialist
Walnut Creek, CA

Serve as a liaison between the leasing department and several hundred brokers . Requires a BA/BS; 3+ years of leasing and contract experience; Click here for detailed description & resume submission info.
  

Office Administrator

    
Office Administrator
Deerfield, Illinois

Proficient in Microsoft Office, 2 years admin. minimum report directly to Director of Operations. To learn more, please click here.
   

Sales

   
RETAIL MERCHANT VENDOR SALES

Outstanding opportunity for established vendor sales professional to introduce a cash advance product that vendors can utilize to facilitate the sale of their products. To apply, please send resume to applicant@1rstfunds.com.
   

[headlines]

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Why I became a CLP-- Carl Villella
“Be a student of your profession”

This is the seventeenth article in a series about the Certified Lease Professional program, explaining why individuals decided to become a CLP, the process, and their reaction to the knowledge and other benefits gained. It is recommended you read others in the series, a cross section of the equipment leasing industry to learn how this helped the individual person and their career.

Carl Villella, CLP

Acceptance Leasing and Financing Service, Inc.
Moon Township, Pennsylvania

I decided to go on my own about 3 years ago. I was compelled to strike out on my own both from a family background as well as personal growth. The CLP designation helped me to establish credibility with funding sources. Every funder I applied to accepted me except one. The process to become a CLP is challenging and rewarding. All the material is well put together and the authors are very knowledgeable.

“Be a student of your profession”

My philosophy is to always be a student of your profession. When I started in this industry in 1993, like my grandfather did so many times before, I knew nothing about the industry. I was in a learning process from day one. I learned anywhere I could from whomever I could.

One of the first books was by Bill Graneri, “The Anatomy of an Equipment Leasing Sale.” I absorbed that book. Everything he talked about, sales, marketing, relationships, came from the auto industry.

I had arrived to this industry fresh from my father-in-law's company, two automobile dealerships.

Meet the Press Tim Russert has two best selling books on learning from your father, “Big Russ and Me,” and “ Wisdom of Our Fathers: Lessons and Letters from Daughters and Sons.” I learned from my grandfather.

My grandfather never graduated grade school, not to mention high school. He ventured out of the comfort zone of a good paying job in the steel industry to go into his own business. Even though he knew nothing about repairing cars, he owned a successful gas station. He sold that and bought a bar and restaurant that he and my grandmother operated successfully. When he sold his successful business, he bought and opened a coin operated laundry. During this time, he also taught himself electronics and maintain all the equipment himself. He died a wealthy man.

I was in my early 20's then, but the lessons he taught me stay with me today. I worked for my grandfather and looking back, his and the nun's at the Catholic school I attended for eight years, were a great life boot camp.

My grandfather always told me to learn as much math as possible in school and get an education. "Learn as much math as you can always." he said. I graduated with a Bachelor of Science Degree and minor in statistics in 1979 from Pennsylvania State University (Penn State). I was hired by a division of Tenneco, Inc, a company called Packaging Corporation of America.

Today everyone is approaching their vendor relationships, quoting a payment with every price. I noticed the lack of training material available. There were some very good technical books, such as the one written by Amembal and Dean, but not many on improving your education in the equipment sales business.

I joined the United Association of Equipment Leasing to learn more about my profession, as they had a great emphasis on education. I jumped on every opportunity to study and even go for a Certified Lease Professional designation.

The standards of becoming a CLP are high, but attainable. If you meet them and honor the ethics, the guidelines, then you deserve the designation.

I think it is essential to preserving the industry that we have people in it who know what they are doing and owe a benefit to the funders they work with.

Carl Villella, CLP
Acceptance Leasing and Financing Service, Inc.
894 Beaver Grade Rd.
Moon Township, Pa. 15108

Phone: 412-262-3225
Fax: 412-262-1154
acceptlease@acceptlease.com

For more information:

E-mail:
   Cindy Spurdle - Executive Director

Phone:
   610-687-0213 direct
   610-687-4111 fax
Address:
   CLP Foundation
   Attn: Cindy Spurdle
   PO Box 302
   Wayne, PA 19087

[headlines]

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“Up-dated”

Recommendations

Lease/Finance Calculators On Line

http://www.financial-publishing.com/
Publish interest tables, also computed the rates into factors, where you could then compute "retail" rates from "wholesale" rates.

For instance, on 60 months .025 was 18% or 10% add on ( in advance) and you could then multiply 1.05 ( if you wanted five points) times it and get the retail rate, the selling rate.
They also have books that had first and last and then with residuals.

A reader asked us for a program that would calculate his commission based on a lease factor. Many founders and equipment leasing companies offer these programs on line, for free. Some allow you to download the program Excel can also do this easily.

Bob Teichman, CLP, sent us the correct formula:

ADV:PMT=(-PV-FVx(SPPV(I%YR÷12:N)))÷(USPV(I%YR÷12:N-#ADV)+#ADV)

"This is a very difficult formula to copy correctly, whether on paper or on the calculator.
"I use this formula in my pricing classes, and it is very useful as it will solve for any of the leasing variables, given any number of advance payments, including rate factor, cost, term, yield (or rate), and residual. As shown above, the formula is only for leases or loans which are paid monthly and where payments are level. However, the formula could be easily adapted to other payment periods (quarterly, for instance). You would have to use a difference formula, or a program such as T-Value, to calculate skip or step payment structures.

"Thanks for printing the information about on-line calculators. I continually refer people to your list."

Regards,

Bob Teichman, CLP
Teichman Financial Training
3030 Bridgeway, Suite 213
Sausalito, CA 94965
Tel: 415 331-6445
Fax: 415 331-6451
e-mail: BoTei@aol.com

In the old days we would take the factor and multiply it by 1.00 with the commission the salesman was seeking. For instance, .0331 and the salesman wanted five points, multiply 1.05 times .0331 and it would be 034755.

Here are some personal financial portals and calculation tools we will be adding to the page:

Bankrate.com
Kiplinger.com
The Motley Fool
USA Today.com

CNN Money has also a financial calculator and other tools, and it's advantage, it is designed with currency converters, and may other programs at work all over the world:
http://cgi.money.cnn.com/tools/
Savings Calculator:
http://cgo.money.cnn.com/tools/savingscalc/sagingscalc.hml
Retirement Calculator:
http://cgi.money.cnn.com/tools/savingscalc/savingscalc.html

Here are some simple calculators:

Create a schedule for paying off leases, loans, credit card balances:
http://www.peretek.com/billcalc.php
Loan Calculator, which works on Palm and other PC programs
http://www.microguru.com

Collection of free financial calculator, including stock spread calculator, rent vs. buy
http://www.wheatworks.com/freeware.htm
To reach financial goals:
http://www.xmlcreate.com/WahooCalc.html

It there is a calculator we have not mentioned on this page, please let us know as we will share with other readers.

*** * ***

here is one for $25
http://www.sharewarejunction.com/info.asp?ProductID=339

http://www.softpile.com/Business/Finance/Review_00027_index.htm l

mortgages/loans
http://www.loans-mortgage-calculator.com/

*** * ** *

[headlines]

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News Briefs---

Fed memo shows multiple big bank complaints about basel II
http://www.marketwatch.com/News/Story/Story.aspx?dist=newsfinder&siteid=
google&guid=%7BBBFF5276-39EA-4236-869C-066E851F0BA6%7D&keyword
=

Mortgage Brokers' Sales Drop, but Layoffs Aren't Imminent
http://www.washingtonpost.com/wp-dyn/content/article/
2006/08/20/AR2006082000441.html

Microsoft Buys Back Billions in Stock
http://www.internetnews.com/bus-news/article.php/3627281

Real estate slowdown weighs on California job growth
http://www.signonsandiego.com/news/business/20060819-9999-1b19jobs.html

[headlines]

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You May have Missed---

Wine investors tip glasses to vintage Internet trading
http://seattletimes.nwsource.com/html/businesstechnology/
2003211426_wineinvesting20.html

http://www.liv-ex.com/

[headlines]

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“Gimme that Wine”

Dry Riesling Wins Top Award in NY State Contest
http://www.nytimes.com/2006/08/17/nyregion/17wine.html?_r=1&ref=dining&oref=slogin

Going to Napa, but Skipping the Vineyards
http://travel2.nytimes.com/2006/08/20/travel/20choice.html?ref=dining

Bordeau, 2005: Vintage of the century? Already?
http://www.azcentral.com/home/wine/articles/0818century0818.html

Vintage Wine Trust buys California vineyard
http://www.napavalleyregister.com/articles/2006/08/16/business/local/iq_3559886.txt

Wine Prices by vintage
http://www.winezap.com
http://www.wine-searcher.com/

US/International Wine Events
http://www.localwineevents.com/

Winery Atlas
http://www.carterhouse.com/atlas/\

Leasing News Wine & Spirits Page
http://two.leasingnews.org/Recommendations/wnensprts.htm

The London International Vintners Exchange (Liv-ex) is an electronic exchange for fine wine.
http://www.liv-ex.com/

[headlines]

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Calendar Events This Day

Poet's Day
A day for all poets to celebrate their special talents and the vision that makes them so wonderful and dead. Poet's Day is a time to share special thoughts about poets and poetry.

[headlines]

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The first U.S. penny had the motto "Mind your own business."
http://www.collectsource.com/time.htm

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Today's Top Event in History

1878- The American Bar Association was founded in Saratoga, New York to store all the attorney jokes. They ran out of room a few years later, giving birth to other state and local bar associations to store their records; now available on CD Rom.

Also available at
http://www.leasingnews.org/Conscious-Top%20Stories/att_jokes.htm

(These are mostly from attorneys, including the great, late stand-up comic, leasing law expert Jeff Wong, Esq.)

[headlines]

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This Day in American History

    1781-The jury in Great Barrington, MA granted Elizabeth Freeman, known as Mum (or Marm” ) Bett, her freedom, thus becoming the first slave to be emancipated in the so called free world. The wife of her owner, Colonel John Ashely of Sheffield, MA, tried to hit her own sister with a hot iron and Elizabeth Freeman interfered and received the blow on her arm, where she was scared for life. She ran away to the home of lawyer Theodore Sedwick, whom she had seen at the Ashley house discussing the rights of man with a group of Sheffiled notables, and obtained his help in suing for her freedom. She died December 28,1829, and was buried in the Sedgwick family plot
    1831- You probably read about this in history as there were many such rebellions but one of the first on this large scale took place in Southampton County, VA. It was led by Nat Turner, an African-American slave and religious visionary who believed that he was divinely chose to lead his fellow slaves to freedom. With seven accomplices, Turner killed his owner Joseph Travis, and the Travis family in their sleep, then led more than 70 followers in a two-day revolt in which 55 to 60 whites were killed. State militiamen and armed whites confronted the rebels near Jerusalem, VA, and killed as many as 100 slaves, a number of whom had not taken part in the rebellion. Turner escaped, but was caught six weeks later and hanged on November 11.
    1863-Confederate raider William Clarke Quantrill launched a predawn terrorist raid on Lawrence, Kansas, leaving 150 civilians dead and much of the town ruined. Quantrill had been denied a commission in the Southern army for his barbaric approach to war. Many say he was a “bandit,” and was in the war for what he and his men could steal and pilferage.
http://www.tsha.utexas.edu/handbook/online/articles/view/QQ/fqu3.html
http://jessejamesvirtualmuseum.com/quantrill.htm
    1863-Paper money fractional currency was issued from this date to May 27, 1863, in denominations of 5 cents, 10 cents, 25 cents, and 50 cents. They are collection items today. The bills were originally issued with perforated edges, but later were cut plan. They were also known as “postage currency,” as they depicted postage stamps. They were receivable in payment for all dues to the United States less than $5 and were exchangeable for United States notes by any assistant treasurer or designed U.S. Depository in sums not less than $5.
    1866-Birth of Civilla D. Martin, teacher and songwriter, in Nova Scotia. A pastor's wife, she penned in     1904 the hymn, "Be Not Dismayed, Whate'er Betide" (a.k.a. "God Will Take Care of You").
    1874- Popular 19th century preacher Henry Ward Beecher (1813-1887) was accused by Theodore Tilton of committing adultery with his wife. The resulting trial ended in a 9-3 hung jury decision, in Beecher's favor.
    1878- The American Bar Association was founded in Saratoga, New York to store all the attorney jokes. They ran out of room a few years later, giving birth to other state and local bar associations to store their records; now available on CD Rom. Also available at
http://www.leasingnews.org/Conscious-Top%20Stories/att_jokes.htm
(These are mostly from attorneys, including the great, late stand-up comic, leasing law expert Jeff Wong, Esq.)
    1879- The first telephone exchange opened for business, Galveston, Texas.
http://www.tsha.utexas.edu/handbook/online/articles/print/TT/egt2.html
    1883-Rochester, MN was hit with an F5 tornado killing 31, injuring 200, and wrecking 1351 dwellings.
    1896 -- Author Roark Bradford born Lauderdale County, Tennessee. He wrote fiction & folklore based on childhood contacts with African-American preachers, musicians, & storytellers on the plantations.
http://www.kirjasto.sci.fi/rbradf.htm
    1904- William (Count) Basie, who led one of the top big bands in the world for more than 45 years, was born in Red Bank, New Jersey. Basie became stranded in Kansas City while touring with a vaudeville show in 1927. He was originally a drummer. When the pianist was sick, he sat in. He was known for playing short riffs, called in the trade, “composer piano,” and brought his drum, rhythm skills to the piano. He the joined the Blue Devils led by bassist Walter Page. (Page became part of the Basie famed rhythm section: Freddie Green on guitar and Jo Jones on drums. While the drummer changed during the years, Green and Page were with the band until they died. ) Kansas City was where jazz was “hot”. He then joined the best band at the time led by the famed Bennie Moten, a “riff band” of renown. When Moten died in 1935, Basie took over. By 1937, when the Count Basie Orchestra made its New York debut, its personnel included such jazz stars as tenor saxophonists Lester Young and Herschel Evans, trumpeter Buck Clayton, Basie's former employer Walter Page on bass, drummer Joe Jones and singer Jimmy Rushing. Originally there was no music written and the “riffs” were improvised per sections, very similar to Dixieland music, but in saxophone, trombone, trumpet sections. Most of it was “ad lib.” In the late 1940's, when big band jazz was over, Basie scaled down to seven men. In the early 1950's, with the help of new composers such as Quincy Jones, Frank Wes, and singer Joe Williams, the big band started up again. He was perhaps Frank Sinatra's favorite band and the new generation of musicians was the finest in the land. Lambert-Hendricks-Ross had many hit records with Basie tunes put to words. The Count from Red Bank, New Jersey led his band almost continuously until a few months before his death of cancer on April 26th, 1984. Please see: “postscript..” )
http://www.harlem.org/people/basie.html
http://www.pbs.org/jazz/biography/artist_id_basie_count.htm
http://www.countbasietheatre.org/
http://www.mamajazz.org/pages/biobasie.html
    1912- Arthur Rose Eldred of the Oceanside, NY, troop became the first American Eagle Scout.
http://memory.loc.gov/ammem/today/aug21.html
    1918 - A tornado struck Tyler, MN, killing 36 persons and destroying most of the business section of the town resulting in a million dollars damage.
    1928 – Birthday of Art Farmer (musician: trumpet, flugelhorn: worked w/Horace Henderson, Johnny Otis, Lionel Hampton Band; recorded be-bop classic Farmer's Market; developed musical instrument called ‘flumpet'; died Oct 4, 1999)
http://members.tripod.com/~hardbop/farmer.html
    1928-Birthday of bassist Addison Farmer, Council Bluffs, IA.
http://www.jazzvalley.com/musician/addison.farmer
    1931- Babe Ruth hits his 600th HR (Yanks beat Browns 11-7)
    1935- Benny Goodman opens at Palomar Ballroom, Los Angeles: regarded as the birth of the Swing Era!!! The Goodman Orchestra played an ecstatically received concert at the Palomar Ballroom in Los Angeles. Until then, the band had been playing the commercial sweet music of the day. But for the Palomar date, Goodman decided to go for broke, playing hot numbers like "Just You, Just Me" and "Air Mail Special." The concert is generally regarded as being the start of the Swing Era, and by the end of the 1930's, Goodman was known as the "King of Swing."
    1936-Birthday of Wilt Chamberlain, Basketball Hall of Fame center, born at Philadelphia, PA. NBA MVP Award: Philadelphia Warriors [1960], Philadelphia 76ers [1966, 1967, 1968 Died October 12, 1999 at Los Angeles, CA.
    1938-Birthday of singer Kenny Rogers, Houston, TX, considered one of the highest-paid entertainers in the world in his “hey day.” A 1980's tour with Dolly Parton netted him more than $200,000 a night and two of his palatial homes were once valued at nearly $15 million. After singing folk with the New Christy Minstrels and rock with the First Edition, Rogers began his solo career in 1975. His breakthrough came two years later with "Lucille," which sold millions to both pop and country music fans. Rogers has continued to score million-sellers with his middle-of-the-road country style. Grammy and CMA Award-winning singer: She Believes in Me, Lady, Lucille, Islands in the Stream [w/Dolly Parton], What are We Doin' in Love [w/Dottie West], Through the Years, We've Got Tonight [w/Sheena Easton], You Decorated My Life, Coward of the County, The Gambler; groups: The Kirby Stone Four, The New Christy Minstrels, The First Edition; actor: The Gambler series).
http://www.delafont.com/music_acts/Kenny-Rogers.htm
    1944—Birthday of Jackie DeShannon, singer, songwriter, born Hazel, KY. Her 1965 recording of Burt Bacharach's "What the World Needs Now Is Love" earned four Grammy nominations. And in 1969, "Put a Little Love in Your Heart," a song which DeShannon co-wrote, sold two-million copies. “What the World Needs Now is Love” was another of her big hits. Although her recording career was not successful after the early '70s, DeShannon continued to score as a songwriter. She is co-author of Kim Carnes's 1981 hit, "Bette Davis Eyes."
http://www.swinginchicks.com/jackie_deshannon.htm
    1947-- The first Little League World Series tourney is held at Williamsport, Pennsylvania. With a .625 team batting average, the hometown Maynard Midgets easily win the tournament, 16-7.
    1956---Top Hits
My Prayer - The Platters
Hound Dog/Don't Be Cruel - Elvis Presley
Canadian Sunset - Hugo Winterhalter & Eddie Haywood
I Walk the Line - Johnny Cash
    1957-In 1953 Congress adopted a proposal to terminate assistance to non-recognized Indian tribes. Seminole leaders and tribal members began to fight the proposal by drafting a constitution and charter for the Seminole Tribe. These were later approved by the Secretary of the Interior. On this date, a majority of tribal members voted to establish the Seminole Tribe of Florida. Today, 2,200 Seminoles live on five reservations in Florida.
    1959-President Dwight Eisenhower signed a proclamation admitting Hawaii to the United. States. The statehood bill had passed the previous March with a stipulation that statehood should be approved by a vote of Hawaiian residents. The referendum passed by a huge margin in June and Eisenhower proclaimed Hawaii the 50 state today in 1959. The president also issued the order for a new flag of 50 stars arranged in staggered rows: five 6-star rows and four 5-star rows, the flag to become as it is today. In March of 1959, the statehood bill had been passed; but it contained a stipulation that the residents of the Hawaiian Islands would have to give their vote of approval. Three months later, they did so -- and by a huge margin. Hawaii, the Aloha State, finally became the 50th state of the United States of America. Although the Aloha State is made up of a chain of 122 volcanic islands spread out over 1,600 miles, only seven, at the southeastern end of the chain, are inhabited: Hawaii (the Big Island), Maui (the Valley Isle), Lanai (the Pineapple Isle), Molokai (the Friendly Isle), Kauai (the Garden Isle), Niihau (the Forbidden Island), and Oahu (the Gathering Place). Oahu is the home of the state capital, Honolulu, and about 75% of the state's population ... a population that is truly a melting pot of all races and religions. The yellow hibiscus is the Hawaii state flower. The nene or Hawaiian goose is the state bird and the humuhumunukunukuapua'a is the state fish. The state motto of Hawaii is: Ua mau ke ea o ka aina i ka pono. = The life of the land is perpetuated in righteousness.
    1964---Top Hits
Everybody Loves Somebody - Dean Martin
Where Did Our Love Go - The Supremes
Rag Doll - The 4 Seasons
Dang Me - Roger Miller
    1965-The Rolling Stones album, "Out of Our Heads," is number one on the U.S. album chart. Songs off the LP include, "Satisfaction," "Play With Fire" and "The Last Time."
    1965- A “trick answer:” Lieutenant Colonel Leroy Gordon Cooper, who's first trip was on Faith 7, made his second flight on August 21-29, when he and Lt. Commander Charles Conrad, Jr. made the two man space flight of 120 orbits in 190 hours 55 minutes 14 seconds in Gemini 5. The first to do this. It was not John Glenn. Cooper was the first astronaut to make two trips into outer space.
    1969 - No. 1 Billboard Pop Hit: "Honky Tonk Women," The Rolling Stones.
    1972---Top Hits
Alone Again (Naturally) - Gilbert O'Sullivan
Brandy (You're a Fine Girl) - Looking Glass
Long Cool Woman (In a Black Dress) - The Hollies
Bless Your Heart - Freddie Hart & The Heartbeats
    1979 - No. 1 Billboard Pop Hit: "My Sharona," The Knack. Billboard ranks the song the No. 1 single of the year.
    1980---Top Hits
Magic - Olivia Newton-John
Sailing - Christopher Cross
Take Your Time (Do It Right) - The S.O.S. Band
Tennessee River – Alabama
    1980-"The Pirates of Penzance" co-starring Linda Ronstadt, moves to Broadway.
    1982- Relief pitcher Rollie Fingers of the Milwaukee Brewers became the first pitcher to record 200 saves in his career as the Brewers beat the Seattle Mariners, 3-2.
    1982-Relief pitcher Rollie Fingers of the Milwaukee Brewers became the first pitcher to record 300 saves in his career as the Brewers beat the Seattle Mariners, 3-2.
    1983-record high for the state of North Carolina was set when temperatures reached 110 at Fayetteville.
    1984 - Clint Eastwood contributed a hand print and the words, “You made my day,” to the Hollywood Walk of Fame in front of Mann's Chinese Theatre.
    1986 - The Boston Red Sox made history against the Cleveland Indians. The Red Sox whipped the Indians 24-5 in the worst loss in the Tribe's 85-year history. Greg Swindell made his major-league debut on the mound for the Indians. Dennis ‘Oil Can' Boyd got a 17-run lead for Boston and, luckily, held on for the win.
    1987 - Early morning thunderstorms produced severe weather in eastern Iowa and west central Illinois. Thunderstorms produced wind gusts to 82 mph at Moline IL, and tennis ball size hail at Independence IA. Rock Island IL was drenched with 3.70 inches of rain. Total damage for the seven county areas of west central Illinois was estimated at twelve million dollars.
    1988---Top Hits
Roll with It - Steve Winwood
Monkey - George Michael
1-2-3 - Gloria Estefan & Miami Sound Machine
Bluest Eyes in Texas - Restless Heart
    1989 - Afternoon and evening thunderstorms produced severe weather from Kansas to Minnesota and North Dakota. Thunderstorms in Minnesota produced baseball size hail from Correll to north of Appleton. Thunderstorms in north central Kansas produced wind gusts higher than 100 mph at Wilson Dam. Thunderstorms around Lincoln NE produced baseball size hail and up to five inches of rain, and Boone NE was deluged with five inches of rain in an hour and a half.
    1992-Sacramento, CA hits 90 for the 40th straight days, a record for that city.
    1993 - The soundtrack from "Sleepless in Seattle" hit number one on the "Billboard" LP chart. Other hit albums: #2 "Black Sunday" (Cypress Hill), #3 "Janet." (Janet Jackson), #4 "Zooropa" (U2), #5 "Core" (Stone Temple Pilots).
    1994- Bruce Springsteen was a surprise participant in a jam session at a 400 seat club in Long Branch, New Jersey. Dion showed up later in the evening to sing his hit "The Wanderer." Springsteen got his start in the early '70s by playing in bars along the Jersey shore. Thus began a new tradition of Springsteen appearing at his old haunts, and today with much citizenship, trying to revive commerce in Ashbury Park, New Jersey.
    1995 - Seal's single "Kiss From A Rose" tops the Billboards Hot 100. The "Batman Forever" tune is the second Batman movie single to top the charts. Prince went all the way with "Batdance" from the film "Batman" in 1989.
    1999 - Hua Mei, the giant panda cub, was born at the San Diego Zoo weighing a not-so-giant 4-5 ounces. Her parents are Bai Yun and Shi Shi (they arrived at the zoo on Sep 10, 1996 on a 12-year conservation study). Hua Mei was the first panda born in the U.S. in ten years.
    2002-- In longest game ever played in Little League World Series history, Louisville, Kentucky beats Fort Worth, Texas in the US semifinal in 11 innings, 2-1. A record-setting with 49 strikeouts is recorded as Fort Worth's Walker Kelly strikes out 21 in nine two-hit innings and Louisville's Aaron Alvey fans 19 batter over nine no-hit inning.

* Post Script : the Count Basie Band was my favorite since discovering jazz in 1955 with "Joe Williams Sings, Count Basie Swings." I took my kids to all his concerts, and when younger, waited outside restaurant kitchens to hear him play. Often they would like us "white boys" in and we got to know some of the players. My kids and I shook his hand at his last performance here at the Circle Star, San Carlos, California. I will never forget it. My son, who was the oldest, talks about it to this day. He became a rock ‘n' roll drummer, had great hands and rhythm, although he has all Buddy Rich's CD's and also listened to big band music, such as Basie. My oldest daughter is a big jazz fan with pictures of Billie Holiday, Miles Davis, and others in her living room. My youngest daughter, who was too young to go to the concerts, lives in Nevada and is a big country and western fan. Sue's oldest and middle daughter likes Billy Joel, Paul Simon, and others we played the most, and the youngest “rap,” although she likes “Barry Malinow” and “Harry Connick,” that we play all the time. I think kids later enjoy the music they heard when young, one of the reasons to expose them early to classical music ( in fact, they have records to play for babies they say the harmonies not only relax them, but later in life, they appreciate Bach and Brahms ). Kit Menkin

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Baseball Poem

Waiting for Godot's First Pitch

by Tim Peeler

Above,
The husky blue sky
Is a blank face of canvas---
Not even a jet trail
To trace a whisper
Against the silence
Below,
The strain of anthem
Segued to cheer
And throaty organ notes,
Then,
That jungle hush
As the fat blackbird of ump
Notes the glove fit
Of his plump form
Against the stocky catcher's squat---
As the world waits
On the long ice of the moment,
In the lanky pitcher's
Nervous hand,
The first pitch imagines
A blinding path toward the plate.

From Tim Peeler's book, “Waiting for Godot's
First Pitch.” Printed with permission of the author
and publisher, McFarland and Company
www.mcfarlandpub.com

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SuDoku

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?

http://leasingnews.org/Soduku/soduko-main.htm

[headlines]

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