Friday, October 6, 2006
Headlines--- Archives-2000- US Bancorp Merges w/Firstar ######## surrounding the article denotes it is a “press release”
------------------------------------------------------------------ Archives-2000- US Bancorp Merges with Firstar “I am hoping to be the first to tell you about an exciting announcement concerning our new parent corporation, US Bancorp Leasing and Financial. I am sending you the following link showing an announced merger of US Bancorp with Firstar Corporation, a merger which will close in the first quarter of the year 2001. “I am sending this to you to let you know that nothing will change concerning the Operations and Direction of The Manifest Group. As we merged with US Bank, one of the premises that was a positive for us was the fact that US Bancorp did not have a solid small ticket platform to process small ticket leasing transactions. Lyon Financial and The Manifest Group filled that void for USBL&F. The same is true with the merger to Firstar Corporation--they also do not have a small ticket platform and will be looking to us to continue our success in the small ticket market. We will continue to support the broker marketplace and follow the same policies and procedures which have made us who we are today. The management team will stay in place, and we will continue to operate from our Marshall, MN facilities. With this change comes nothing but exciting opportunities for our internal and external customers alike! “If you have any further questions, feel free to give me a call. Thanks! ---------------------------------------------------------------- Classified Ads---Asset Management
Ryan Patrick Winery, Rock Island, Washington *
These help-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: http://64.125.68.91/AL/LeasingNews/Classified.htm 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: http://64.125.68.91/AL/LeasingNews/PostingForm.asp Austin, TX Bloomfield Township, MI Boston, MA Chicago, IL Chicago, IL Princeton, NJ Sausalito, CA Sonoma, CA Wilton, CT * http://www.ryanpatrickvineyards.com/home.html For a full listing of all “job wanted” ads, please go to: http://64.125.68.91/AL/LeasingNews/JobPostings.htm ----------------------------------------------------------------
Dwight Galloway, CLP: What me Worry? by Christopher Menkin
A business columnist in the Atlanta Journal-Constitution questions if the recent changes in NetBank mean they are seeking to be sold. In Leasing News Wednesday edition we printed the stock owned by the officers, particularly the departing CEO and Chairman Douglas K. Freeman (482,255 with options of 856,969). It has been made public the desire to sell its mortgage servicing unit, announcing it sale May. It has made no public announcement of NetBank Business Finance, which to date has had five suitors, four who have visited the offices and employees know why they were there. Once the Internet leader in banking, NetBank in August reported a $31.4 million loss for its second quarter and suspended dividend payments. For the first half of the year the loss was $42.4 million, vs. a nominal gain in the first half of 2005. It was not their first loss reported. They reported a net loss of $15.9 million for the year ended: "The bank's financial performance continues to be adversely affected by the non-performing business equipment leases in the bank's portfolio. The leases were originated by Commercial Money Center, Inc. and represent an outstanding principal investment of approximately $82 million. As reported previously, the bank has initiated litigation against Illinois Union Insurance Company, Royal Indemnity Company and SAFECO Insurance Company of America to guarantee performance of surety bonds these carriers issued on the leases in default. The bank's action against the sureties has been consolidated into a multi-district litigation proceeding in Federal District Court in Ohio. The schedule instituted by the judge assigned to the case requires completion of briefs by March 14, 2003, on the issue of whether the investors are entitled to judgment on the pleadings. The bank expects a ruling on these motions in spring 2003." In 2004, Netbank reported a net loss of $17.7 million or $.38 per share for the fourth quarter, compared with net income of $10.0 million or $.21 per share during the same period a year ago. For the year, net income totaled $4.2 million or $.09 per share, compared with $50.5 million or $1.04 per share for 2003. Current period results include a provision expense against the company's Commercial Money Center, Inc. (CMC) lease receivables totaling $29.0 million, pre-tax, or $.38 per share, after-tax. The company recorded a $29.0 million provision against its CMC lease receivables during the quarter. Management booked the additional provision after two other banks announced CMC-related settlements in November. CMC Lease portfolio Exposure. It should be noted on August 15,2006 the US Attorneys Office in San Diego, California indicted the CMC officers for $300 million in tax evasion; Ronald Allen Fisher. Mark Edward Fisher and Kelly Michelle Fisher-Buh, arising from their receipt of unreported and untaxed income. Whether any money will come to creditors in this long CMC bankruptcy is yet to be seen. In 2005, NetBank reported they had found "irregularities" associated with $13 million in mortgage loans, reporting a net loss of $1.4 million for the third quarter. They had problems in delays in reporting to NASDAQ. All of this has been reported, but it appears the star performer of their products NetBank Business Finance has not been mentioned in any of the press releases or news stories. During this time Dwight Galloway, CLP and Charles Randall, along with some other top staff, were making record sales with solid credits in NetBank Business Finance. Both have repeated they do not want to go "on" or "off the record" with Leasing News. In fact, Galloway, a US ex-army special forces' paratrooper would not even reveal his rank and serial number to us. He does not believe he is "caught." He is still leading his company of soldiers.
Dwight Galloway, CLP From inside bank sources, since Leasing News was one of the first to congratulate the internet banking venture in 2000, we are told the Galloway-Randall leasing operation has been doing quite well in private label and broker direct small ticket leasing with very few write-off, primarily in July, 2002 from culling away over 100 lease brokers who were submitting deals, getting few approved and few funded, to a much higher ratio today. From the June 30, 2006 SEC Financial filing, the lease portfolio is $438.462,000: “Our lease receivables consist primarily of business equipment leases originated and serviced by the NetBank Business Finance division. In addition to originated lease receivables, NetBank, FSB owns a portfolio of purchased lease receivables originated by Commercial Money Center, Inc. (“CMC”). NetBank, FSB is involved in litigation with three insurance companies who are sureties on the purchased receivables. Since the second quarter of 2002, the entire portfolio of lease receivables originated by CMC has been on non-accrual status pending the outcome of the litigation. NetBank, FSB has filed a claim against CMC and the insurance company sureties for all payments that are currently past due, approximately $90 million at June 30, 2006. The recorded balance of CMC leases receivable as of June 30, 2006 was $25,615.” It should be noted that NetBank Business Finance is primarily a “lease broker” organization with no “inside sales personnel, although they have granted both recourse and non-recourse lines of credit lessors such as Mount Pleasant Capital Corp's “franchise lease” niche and LPI Finance loan program to medical and dental offices (generally when a dentist expands or takes over a practice, the equipment is leased but improvements and working capital are covered with a LPI Finance loan.) NetBank has other niche accounts who Dwight Galloway, CLP certainly is telling not to worry. He has been here before. September 29, 2000: “The expected result will be a sale of Republic Leasing Corporation (Columbia, South Carolina) along with the banks existing portfolio. We have certainly enjoyed the time with RBMG but since the divestiture of their banks several years ago; we have looked forward to an opportunity to again become part of an organization that can provide better funding for our established broker/lessors. In addition, we believe our long and profitable history and our Bank Customer Leasing Program will be particularly attractive to banks seeking a proven platform to meet their clients' leasing needs." Republic of South Carolina (11/2001) parent and company now owned by NetBank; Dwight Galloway, CLP gets early Christmas present, broker community cheers the good news, too. Top%20Stories/dwight.htm Republic Leasing, South Carolina 9/27/2000 (“The expected result will be a sale of Republic Leasing"---Dwight Galloway, CLP. He adds, "We have always been for sale for the right price, but in thirteen years we have not sold off any leases or gone direct after broker's business, ever.”) If ever there was a CEO who had experience with raising funds for his company and the various “do's and don'ts,” it is ex-army soldier Dwight Galloway. He is old school tough. It certainly will be of interest for those who attend the United Association of Equipment Leasing workshop at 3:30pm, Sierra 1, where his topic is: Lease Company and Portfolio Management “Regardless of the size of your company, there are critical areas of management requiring your attention. Focus on these areas and managing changes is key to success. From sales to accounting, if you are running or preparing to develop a leasing company, attending this session is a must. Own your own portfolio or considering it? This session will be covering the ‘absolutes' necessary to avoid fatal pitfalls and to maximize your profits ! “ NetBank Business Finance Telephone: 1-800-669-0222. Officer Stock Holdings, July 19, 2006 Article By PERALTE PAUL bank for sale? The Atlanta Journal-Constitution Financial Statement for the Quarterly Period Ended June 30, 2006: ---------------------------------------------------------------- Cartoon---Galloway as the Winner
---------------------------------------------------------------- Jimmy Frank joins Sterling Savings Bank
Long time leasing collector and credit analyst Jimmy Frank has joined Sterling Savings Bank in Portland, Oregon. "I know you have really helped me with the exposure I got in the past from Leasing News…and you can quote me on that!" he told us after letting us know where he had landed. " I worked with Jim Merrilees at Pitney Bowes Credit Corporation in Torrance, CA, prior to Colonial Pacific Leasing Corporation (CPLC.) Jim was the one who brought me up to CPLC from Southern California back in 1987 where I started at CPLC as a Region Collection Supervisor. I have a lot of gratitude towards Jim Merrilees...” At CPLC "...I worked in the application only arena with the super brokers under the good old days of Randy Ernst and Jim Merrilees." He was Credit Analyst at Colonial Pacific Leasing from 1990 to 1999. Credit Analyst at Advanta Leasing and Textron Financial Corporation from 1999 to 2001. Credit Analyst and Manager of Broker Services at Allco Leasing & Financial Services from 2001 to 2004. "I was hired as a Credit Analyst at Sterling Savings Bank in October of 2005 and recently promoted to a Business Banker at Portland Business Banking in October of 2006. As a commercial lender my responsibilities are to originate and underwrite a full range of banking services which include: · Business Accounts and Treasury Management Services "Please feel free to add whatever comments you deem appropriate. My purpose is to let my former colleagues know where I am at and the transition that I have made into the commercial banking industry. "Thank you" Jimmy Frank Business Banker Sterling Savings Bank One thing about Jimmy, he learned as being a collector, be persistent. Second thing he learned in credit analyst, don't be afraid to ask a question, even if it is dumb, such as would we tell his colleagues where he is located today? Certainly!!!
---------------------------------------------------------------- Classified Ads---Help Wanted Operations Manager
Sales Representatives
---------------------------------------------------------------- AOL Open Ride: Look Out!
Do not download the new “AOL Open Ride.” Yes, it looks great, but it runs in the background of your computer, slowing down e-mail, attempting to change your browser settings to AOL, affecting your computer appearance. It also appears to be a “spyware” program, as information is sent from your computer on a regular basis back to AOL. The spyware program asked for authorization in downloading the program, so it must have passed this blocking program at the time. I discovered this after the download, went to the “task master” and saw the AOL program running. I then went to the local connection monitor and saw packets being sent out, although there were no internet programs open. After removing the program, the “local connection monitor” recorded no packets being sent out and “task master” did not show the AOL Open Ride. My work station was back to running at its fast speed. Now I don't know about the conflicts of the program, but I did see the program running when it was supposed to be off and also saw the packets being sent out. Kit Menkin
---------------------------------------------------------------- “Capital investment slowdown...yet to materialize.”
“The numbers suggest that the anticipated slowdown in capital investment as a result of rising market interest rates has yet to materialize," said Bill Verhelle, CEO of First American Equipment Finance. "The modest August increase in new lease and loan originations follows a twenty-percent increase last month." The Equipment Leasing Association /1 (ELA) Monthly Leasing Index (MLI-25) of equipment leasing and finance activity for August shows some stalling of the economy as also evidenced by the National Association of Credit Managers, but the good news first: The new business is up, even if only slightly as noted above, and equipment leasing headcount from the 25 leasing companies is also up.
The good-bad news is while charge offs are up from the previous month, overall they are below the beginning of the year.
Receivables over 90 days also increased slightly to 1.1 percent.
Credit approvals seem to have slowed down.
The participant companies in the MLI-25 represent a broad cross section of the equipment finance sector including small ticket, middle market, large ticket, bank, captive and independent leasing and finance companies. Because the same companies participate in the survey each month, the MLI-25 provides a consistent trend analysis of current industry activity. The ELA provides a variety of studies, reports, and market analyses covering the $220 billion equipment finance sector. To access this and other industry information, visit the ELA website at ELA MLI-25 Participants Organized in 1961, the Equipment Leasing Association (ELA) is the premier non-profit association representing companies involved in the dynamic equipment leasing and finance industry to the business community, government and media. As the voice of the leasing industry, ELA promotes the forecasted $220 billion industry as a major source of funds for capital investment in the United States and abroad. For more information on ELA, please visit www.ELAOnline.com.
-------------------------------------------------------------- Fitch Comments on GATX Aircraft Unit Sale Fitch Ratings- Fitch believes GATX's plan to sell a majority of its aircraft leasing business to a consortium of investors led by Australian banker Macquarie Bank Ltd. will further strengthen the credit profile of the company. Subject to the agreement with consortium, the air assets include GATX's joint venture investments and total approximately $1.5 billion in net book value, or 21% of GATX's total assets. The sale is expected to result in an after-tax charge in the range of $50 million-$70 million to be taken by GATX in the third quarter. After the required prepayment of air-specific debt and taxes, GATX expects cash proceeds from the sale, assuming all assets contemplated in the transaction are sold, to be approximately $500 million. Looking ahead, Fitch also believes that GATX will continue to maintain a strong balance sheet through selectively pursuing growth in the railcar segment while maintaining relatively low leverage and significant liquidity. Fitch has issued an Issuer Default Rating (IDR) of 'BBB-' for GATX Financial and maintains a Positive Outlook. Tracing its roots to 1898, GATX Financial is a wholly owned subsidiary of GATX. GATX Financial operates through three business segments: GATX Rail, GATX Air, and GATX Specialty Finance. Through these businesses, GATX Financial combines asset knowledge and services, structuring expertise, partnering, and risk capital to provide business solutions to customers and partners worldwide. GATX Financial specializes in railcar, locomotive, and aircraft operating leasing. Contact: William A Artz +1-312-368-3178, Chicago or Christopher D. Wolfe, +1-202-908-0771, New York. Media Relations: Kenneth Reed, New York, Tel: +1 212-908-0540. Fitch's rating definitions and the terms of such ratings are available on the agency's public site, 'www.fitchratings.com'. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site. ### Press Release ########################### Main Street Bank Opens Healthcare Division Office
Kingwood, TX— – Main Street Bank, Kingwood, Texas announces the opening of its Healthcare Division Office in Freehold, New Jersey to serve the healthcare equipment financing industry. The Healthcare Division Office specializes in providing innovative financial solutions to the healthcare industry. Through its nationwide network of highly experienced, professional Business Development Officers, the division works with vendors and end-users to design customized financing plans to cover the broad spectrum of the equipment financing needs often unique to the healthcare community. Staffing the office are Kevin Ward, Senior Vice President and General Manager of the Healthcare Division, and Michael Evans as Vice President of Healthcare. Ward and Evans each have over 30 years of experience in the equipment leasing and healthcare industry. “As healthcare equipment financing specialists, we are delighted to be able to locate our headquarters in this area” states Kevin Ward, “This region is recognized as a leader in healthcare diagnostic and therapeutic protocols with some of the best medical professionals and care facilities in the area”. Having relocated from Ewing, New Jersey, the new Main Street Bank Healthcare Division office is located at 400 West Main Street in Freehold, New Jersey. Ward and Evans can be reached at 732-409-0620 (toll free 877-409-0110) or kward@msnbank.com and mevans@msnbank.com. Main Street Bank, a FDIC insured commercial bank established in 1984, maintains banking offices in the Houston, Texas market and equipment financing sales offices in cities across the country. ### Press Release ########################### CIT Provides Legends Gaming Financing for Acquisition of Hotel and Casino Properties Serves as Administrative Agent, Sole Lead Arranger and Financial Advisor in $222 Million Senior Secured Credit Facility NEW YORK, -- CIT Group Inc. (NYSE: CIT), a leading global provider of commercial and consumer finance solutions, today announced that it provided Legends Gaming, LLC financing to complete its acquisition of two Isle of Capri hotel and casino properties in Bossier City, Louisiana and Vicksburg, Mississippi. The purchase of the properties and their conversion to DiamondJacks Casinos represents Legends' first acquisition. CIT Communications, Media and Entertainment's Gaming unit served as the administrative agent and a Lender on the $222 million senior secured credit facility transaction and CIT Capital Securities LLC, another unit of CIT, acted as sole lead arranger and financial advisor for Legends. "We have spent the past two years building and augmenting our underwriting and syndication capabilities," said Jim Hudak, Senior Managing Director of CIT Communications, Media and Entertainment. "This deal exemplifies our group's enhanced ability to provide these services and a complete financing package in the specific industries we cover. A testament to our experienced team, we stepped up and worked quickly to pull this complex transaction together, resulting in a success story for both Legendsand CIT." William J. McEnery, Chairman of Legends Gaming, LLC said, "We are extremely pleased to have worked with CIT, whose expertise in structuring and financing this transaction enabled us to re-enter the gaming sector. We look forward to working with their talented group of professionals in the future as we continue to explore other growth opportunities for our Company. I also want to thank Isle of Capri's management team for providing Legends this opportunity and for their assistance and support throughout the entire acquisition and closing process." Steve Reedy, Senior Director of CIT Communications, Media and Entertainment - Gaming, said, "Our close working relationship with Legends and our contacts within the industry were key to the successful execution of this transaction. We helped Legends' management team identify the target properties, provided them advisory services, and fully underwrote the debt facility to consummate their acquisition. We were pleased to have served as the administrative agent, sole lead arranger and financial advisor in this transaction and look forward to continuing this relationship." About Legends Gaming, LLC Legends Gaming, LLC is a privately held corporation based in Frankfort, IL. Legends Gaming, LLC owns and operates DiamondJacks Casino & Hotel in Vicksburg, MS and DiamondJacks Casino & Resort in Bossier City, LA. About CIT Communications, Media and Entertainment CIT Communications, Media and Entertainment has a 20-year history as the market leader in providing financing solutions to middle-market companies in the broadcasting, publishing, cable, gaming, sports, communications, film and entertainment industries. CIT Communications, Media and Entertainment - Gaming has built a reputation of being one of the largest and most knowledgeable lenders across the gaming spectrum. About CIT CIT Group Inc. (NYSE: CIT), a leading commercial and consumer finance company, provides clients with financing and leasing products and advisory services. Founded in 1908, CIT has $68 billion in managed assets and possesses the financial resources, industry expertise and product knowledge to serve the needs of clients across approximately 30 industries worldwide. CIT, a Fortune 500 company and a member of the S&P 500 Index, holds leading positions in vendor financing, factoring, equipment and transportation financing, Small Business Administration loans, and asset-based lending. With its global headquarters in New York City, CIT has more than 7,000 employees in locations throughout North America, Europe, Latin America, and Asia. http://www.CIT.com . ### Press Release ########################### CacheMatrix White Paper Analyzes Interest Rate Rise and Paper reveals increased money fund investment and adoption of cash management technologies among corporate treasurers. CacheMatrix Holdings, LLC, a leading provider of institutional money market fund trading technology to banks, today issued a white paper on the impact that an institutional money market fund yield of greater than five percent – and the potential for flattening rates – has on corporate treasurers and bank professionals serving the corporate market. DENVER -- CacheMatrix Holdings, LLC, a leading provider of institutional money market fund trading technology to banks, today issued a white paper on the impact that an institutional money market fund yield of greater than five percent – and the potential for flattening rates – has on corporate treasurers and bank professionals serving the corporate market. The paper, entitled, “The Five Percent Threshold: Rising Money Fund Yields and Their Impact on Corporate Treasurers and Banks,” was written by CacheMatrix Founder and CEO George Hagerman. It provides details on expanding cash positions at corporations and the increasing adoption by corporate treasurers of new technologies – including money fund portals – that are designed to streamline and automate cash management. “Industry research shows that macroeconomic trends and technological developments are driving rapid change in the institutional banking business,” said Hagerman. “Corporate treasurers – particularly at large corporations – are adopting new technologies to research, trade and monitor their money fund investments at a rate that is almost unprecedented.” The report looks at the growing volume of research and survey data on corporate treasurers and their investing strategies. Among the key data points culled from the research: • Treasury Strategies, Inc., released survey data in June 2006 showing that corporate cash and short-term investments in the U.S. continued to grow in 2006, surging 7.5 percent to $5.4 trillion. “The Five Percent Threshold: Rising Money Fund Yields and Their Impact on Corporate Treasurers and Banks,” call CacheMatrix at (877) 564-0225, or online at About CacheMatrix Holdings, LLC CacheMatrix provides a turnkey portal technology enabling banks and other financial services firms to offer its corporate treasury clients one-stop access traders a choice of institutional money market funds and a convenient, single-source platform for managing them, including access to comprehensive analysis, online trading, and account management. For more information, ### Press Release ########################### McNeely joins AIGCEF AIG Commercial Equipment Finance, Inc. (AIGCEF) is pleased to announce that Tim McNeely has joined the company as Vice President- New Business Development reporting to Kirk Phillips, Vice President. Mr. McNeely comes to AIGCEF with over eighteen years experience in the financial services industry. Tim spent his last 9 years at GE Commercial Equipment Finance. Prior experiences include over 10 years at Thomas Cook Foreign Exchange, Household Finance, and ITT Consumer Finance. Tim holds a Bachelor of Business Administration in Management & Finance from Mesa State College. Mr. McNeely will be responsible for the origination of middle market loan and lease transactions sourced on a direct basis with clients in the Western portion of the United States. Tim will be based in Roseville, CA and can be reached at 916-724-5374 or at tim.mcneely@aig.com. AIG Commercial Equipment Finance, Inc. (AIG CEF) is an equipment lease and finance subsidiary company of American International Group, Inc. (AIG). AIG CEF actively seeks middle and upper-middle market transactions and has platforms specializing in the general equipment, marine, tax exempt, franchise, health care, senior secured, structured and rail markets, building long-term relationships with our business partners. More information on AIGCEF can be found at www.AIGCEF.com American International Group, Inc. (AIG), world leaders in insurance and financial services, is the leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world. AIG's common stock is listed in the U.S. on the New York Stock Exchange and ArcaEx, as well as the stock exchanges in London, Paris, Switzerland and Tokyo. Sites of Reference: ### Press Release ###########################
News Briefs---- European Central Bank raises rate to 3.25%, hints at another increase FFE pays an early lease termination fee of approximately $275,000 , Bank of NY outlines costs from JP Morgan deal First Community Bank's parent acquires Colorado group Tribune Co. Ousts LA Times Publisher Mortgage Fraud: The Federal Bureau of Investigation estimates that mortgage fraud totaled $1 billion in 2005, up from $429 million in 2004 but still a tiny fraction of the $3 trillion mortgage business Forbes Richest Americans: Profile ---------------------------------------------------------------
You May have Missed--- Tales of the Citi: Sandy Weil new book http://dealbook.blogs.nytimes.com/?p=7967 ---------------------------------------------------------------
Sports Briefs---- Walter, Raiders shrug off latest round of barbs tossed by Moss A big game for Eagles, but not because of T.O. ----------------------------------------------------------------
California Nuts Briefs--- Schwarzenegger ethnic comments draw fire, again http://www.sacbee.com/101/story/34637.html ----------------------------------------------------------------
“Gimme that Wine” Globalization top topic at wine industry symposium What's so Bad About Sweet Wine? 2006 harvest - reports from Bordeaux, Loire and Rheinhessen Jim Concannon: An ambassador for wine Oregon is carving out new AVAs to sell more wine Wine Prices by vintage ----------------------------------------------------------------
Calendar Events This Day Biscuit Day China: Moon Festival (or Mid-Autumn Festival) According to the folk legend this day is the birthday of the earth god T'u-ti Kung. The festival indicates the year's hard work in the fields will soon end with the harvest. People express gratitude to heaven as represented by the moon and to earth as symbolized by the earth god for all good things form the preceding year. Special harvest foods are eaten, especially “moon cakes” This event is widely recognized throughout the Far East including Taiwan, Korea, Singapore and Hong Kong where it may be called by another festival name. Egypt: Armed Forces Day. The Egyptian Army celebrates crossing into Sinai in 1973. Hunter's Moon The full moon following Harvest Moon. So called because the moon's light in evening extends day's length for hunters. Moon enters Full Moon phase at 11:13pm. Ireland: Ivy Day The anniversary of the death of Irish nationalist leader and Home Rule advocate Charles Stewart Parnell is observed, especially in Ireland, as Ivy Day. A sprig of ivy is worn on the lapel to remember Parnell. James Joyce's short story “Ivy Day in the Committee Room”: published in the collection titled “Dubliners,” addresses this event. http://charles-stewart-parnell.mindbit.com/ Jackie Mayer Rehab Day. Sandusky, Ohio. Known as Sandusky's “favorite daughter,” Jacquelyn Jeannie Mayer, Miss America 1963 and stroke survivor since 1980, is honored on October 6, the anniversary of the 1997 renaming of Providence Hospital's rehab and nursing facility as the Jackie Mayer Rehab Center. After seven years of self-directed rehab to regain her speech and mobility, Jackie has been a motivational speaker and tireless advocate on behalf of stroke survivors across the US and Canada. www.jackiemayer.com Korea: Chusok Gala celebrations by Koreans everywhere. Lee National Denim Day Lee Jeans invites companies nationwide to participate by allowing employees to wear denim to work in exchange for a contribution of $5 to the Susan G. Komen Breast Cancer Foundation. Since 1996 this program has raised more than $52 million—and the foundation receives 100 percent of these donations. National Diversity Day A day to celebrate and embrace who we are, despite our differences, no matter what race, religion, gender, sexual orientation, age, nationality or disability. A day to reflect on and learn about different cultures and ideologies. www.nationaldiversityday.com National German-American Day Celebration of German heritage and contributions German American have made to the building of the nation. A president proclamation has been issued each year since 1987. Annually. Sukkot Begins at Sundown Jewish Feast of Tabernacles.
World Smile Day A day dedicated to good works and good cheer throughout the world. The official them for the days is “Do an Act of kindness. Help one person smile. The symbol for the day is the world-famous “smiley face icon, created in 1963 by Harvey Ball of Worcester, MA. This icon is now the symbol of happiness and good will. www.worldsmileday.com ----------------------------------------------------------------
The state of Maine has 62 lighthouses http://www.pbs.org/legendarylighthouses/html/maine.html
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Today's Top Event in History 1867-Frank Sparks, John Reno, and Simeon Reno boarded an Ohio and Mississippi Railroad baggage and express car while it was getting into motion and threw off two safes, one containing $15,000 and the other $30,000, considered the first train robbery. The second safe was recovered. The bandits were arrested, freed on bail, and never tried, although they were later convicted of other crimes. Robbing trains became common. http://memory.loc.gov/ammem/today/oct06.html ----------------------------------------------------------------
This Day in American History 1683-The first Mennonites debarked for America on the Concord: 13 German and Dutch families from Krefeld Germany, led by Francis Daniel Pastorius. They were induced to come to American through the generosity of William Penn, who offered them 5,000 acres of land in Pennsylvania and freedom from religious persecution. Their settlement, called Germantown, is now a neighborhood in Philadelphia. World Series Champions This Date 1936 New York Yankees --------------------------------------------------------------
Baseball Poem God Protects Fools with Curveballs Going after her Tim Peeler, Poet from “ Touching the Bases” These come from a soft cover 128 pages -------------------------------------------------------------- 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 -------------------------------------------------- |
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