Sunday, January 29, 2012

Junius W. Peake (A Great Dad)

My Dad:



Junius W. Peake - Oh I remember the days

He told me about his days as a kid roller skating in NYC around the Armory on the upper East Side of Manhattan.

Jay (Junius W. Peake) went to Woodbury Forest Prep School in Woodbury Forest, VA. Needless to say He attended Syracuse at 16 years old. He left Syracuse after his freshman year because his father had a stroke and he had to earn the bacon for the family.

He said he wanted to leave the world a better place….I do believe that he did that. He took a genuine interest in young people and gave them the time of day. He led by example. He was an honest man.

We had a serious fire in our house in 1966 we were lucky to get out alive, I believe it was he that woke us from our slumber.

He was about to punish me (this was when corporal punishment was the norm) I put a paperback book in my pants when I was spanked in Tenafly, NJ. I felt no pain, his hand was beat red after he got done with me and I was fine! This was the beginning of my critical thinking lessons.

Just Dad and I drove to Canada and met NHL Hall of Fame Coach Scotty Bowman and saw the Bay of Fundy and watched the tides ebb and flow 12 feet, I begged him to let me drive on that trip and he never let me. But I did let my 12 year old son drive on private property this summer, I know he enjoyed it, there are so many similarities.

We went to a hockey tournament in Washington DC and he got the phony phone call @ 4:00 AM (a wake up call) and could not fall back asleep. He did not take jokes as well as we did! ;-)

Same tournament we stole his top coat and put one kid on the shoulders of the other and bought a Playboy Magazine….the concessions clerk was so impressed he sold it to us! We were no older than 12 years old at the time!

He lied to me and that allowed me to finish SKS, the prep school I went to, it was probably the smartest parenting move he made in my favor, I thank him every day for that!

In Tenafly, NJ we played catch in front of our house and I caught the hard baseball with my nose, it was a bloody mess, I then learned how to catch a baseball properly. Mom was on clean up. I felt bad for him when it happened. I know it was an accident.

Ask me about the firecracker fight at the Deeb’s house. It was a doozy!
I remember all the driving Dad did to our hockey games and practices. He was always generous and we seemed to pick up and car pool a lot of other kids.

Then there was the time in West Hampton, NY when Dad and Fred Alling got the sailboat stuck under the drawbridge, they came back to the house with axel grease all over their hands, I don’t think we ever got the whole story on that one.

We had several summers in Green Pond in New Jersey that were very pleasant and I learned how to water ski.

We also had a few trips to SkyTop, I’ll never forget those square dances. I’ll also never forget how badly I wanted a pair of bell bottom pants and my parents wouldn’t let me buy a pair.

We also had several summers in Stone Harbor, NJ but I don’t remember Dad being there because he was always working on Wall St.

Then there was Dad coaching Little League Baseball, he named his team the Bulls because he was Bullish on Wall St. But the best of times were going to the Dairy Queen for the Banana Splits afterwards, he always bought for the whole team, he was always very generous.

The best gift he gave me other than life itself was South Kent. Thank you Dad!

Here is an article that was published by Bloomberg February 13, 2012 about Dad's (Junius W. Peake's)career.

Former UNC finance professor Junius Peake dies | Greeley Tribune

Former UNC finance professor Junius Peake dies | Greeley Tribune

Dad (Junius Peake) thanks for all that you gave us, you will be missed.


Saturday, January 28, 2012

Junius Wentworth Peake (1932 – 2012)

Junius Wentworth Peake (1932 – 2012)


Junius W. Peake, University of Northern Colorado (UNC) Kenneth W. Monfort College of Business Professor of Finance Emeritus and Wall Street visionary, died on Friday (Jan. 27, 2012) in Greeley, CO at the age of 80.

Junius, known as Jay, was born in New York, NY, where he attended choir school at the Cathedral of St John the Devine. He graduated from Woodbury Forest School in 1948. He attended Syracuse University.

Jay began his career on Wall Street at Garvin Bantel & Co. in 1950. He subsequently moved to Shields & Co. where he was the partner responsible for operations. He served as vice chairman of the National Association of Securities Dealers. Following the “back office crisis” of the late 60s and early 70s, Jay began a quest to improve trading and settlement on Wall Street. A recognized expert in the microstructure of markets, he testified before Congress numerous times, which led to a 1975 Act of Congress calling for a new, technologically superior trading system.

Together with Morris Mendelson of the University of Pennsylvania’s Wharton School and R.T. Williams, an industry consultant, in 1976 Jay presented a proposal to the National Market Advisory Board entitled the “National Book System: An Electronically-Assisted Auction Market”. This revolutionary proposal called for, among other things, screen-based trading, consolidated bids and offers, and minimal price increments in decimals. Putting his principles into practice, in 1983, he headed the launch of the International Futures Exchange (Intex), the world’s first automated futures exchange. It was, however, an idea before its time. He wrote many thought leading papers on the subject of market microstructure with the “ABC’s of Trading on a National Market System” in the Financial Analyst’s Journal in September of 1979 particularly noteworthy.

Following a distinguished career on Wall Street, Jay taught finance for 14 years at the University of Northern Colorado’s Monfort School of Business. He joined the faculty in 1993 as the first Monfort Executive Professor and was named Professor Emeritus when he later retired. Passionate about issues surrounding education, he greatly enjoyed academic life and encouraged vigorous debate.

Jay is survived by his wife Diane Ryerson-Peake; two sons, James Peake of Marblehead, MA, and Andrew (Debbie) Peake of Weston, CT; stepdaughter Renee (Kostas) Marousis of Chicago, IL; and three grandchildren, Christopher Peake, and Eleni and Zoe Marousis. He also is survived by his sister, Miraed Peake Smith of New York. In lieu of flowers, donations may be made to the Jay Peake Scholarship Fund; c/o University of Northern Colorado Foundation, Campus Box 20, Greeley, CO 80639.

Tuesday, December 13, 2011

The Irish Funeral

A man was leaving a convenience store with his morning coffee when he noticed a most unusual funeral procession approaching the nearby cemetery.

A black hearse was followed by a second black hearse about 50 feet behind the first one.

Behind the second hearse was a solitary man walking a dog on a leash.

Behind him, a short distance back, were about 200 men walking single file. The man couldn't stand the curiosity.

He respectfully approached the man walking the dog and said: "I am so sorry for your loss, and this may be a bad time to disturb you, but I've never seen a funeral like this. Whose funeral is it?"

"My wife's."

"What happened to her?"

"She yelled at me and my dog attacked and killed her."

He inquired further, "But who is in the second hearse?"

The man answered, "My mother-in-law. She was trying to help my wife when the dog turned on her."

A very poignant and touching moment of brotherhood and silence passed between the two men.

"Can I borrow the dog?"

The man replied, "Get in line."

Wednesday, August 10, 2011

Patriotic Quotes - Talk about "patroit deeds" Sam Whittemore kicks ass!

I saw this in Sam Whittemore Park on Massachusetts Avenue in the middle of town in Arlington, MA. And I had an ass kicking Sam Whittemore type of meeting. :-)


A veteran long before the War for Independence, Sam Whittemore was America's oldest, bravest soldier.
By Patrick J. Leonard
On April 19, 1775, approximately 1,800 British troops marched from Boston to Concord to capture a reported store of Colonial munitions and hopefully to bag such advocates of rebellion as John Hancock and Sam Adams. At Lexington Green, they were confronted by about 50 haphazardly garbed militiamen carrying a variety of weapons, some decades old, some manufactured by village blacksmiths and gunsmiths, some as modern as the guns carried by the Redcoats, but all in working order and capable of killing. When ordered to disperse, the Minutemen did not obey, and firing began that resulted in eight Americans killed; the rest hastily left the scene as ordered by their officers. The British then reformed their ranks and continued marching to Concord.

On their arrival in Concord, where alerted citizens watched their every move, the British troops searched for but did not locate any of the munitions, which were cleverly concealed in a variety of ingenious hiding places. Hancock and Adams were miles away, fully aware of the British column, thanks to Paul Revere and his assistants.

Learning that the Minutemen were swarming toward them from as far away as Worcester, and realizing that the munitions were too well secreted to be found without a lengthy search, the British began an orderly retreat toward Boston. Soon, guerrilla bands were firing from the woods and stone walls at the beleaguered marching troops. As British casualties increased, their ranks became somewhat disorganized. The Americans then struck even harder at their hated red-coated foes.

While all that excitement was going on, 80-year-old farmer Sam Whittemore was placidly working in his fields at Menotomy (now Arlington), Mass. He knew nothing of the British invasion and the deaths at Lexington. In younger days, Whittemore had been a soldier, and a good one. He became a captain in His Majesty's Dragoons stationed in America, and fought against the French, the Indians, and renegades of all types. He even spent a brief period on board a ship that was hunting for a pirate. He was always ready to drop his farming tools, pick up his weapons and march off to battle.

Most men below the rank of general have had their fill of war by the time they reach their 50th year. Not Whittemore! In 1745, he was among the forces that stormed the French fortress at Louisburg, Nova Scotia, where he captured a fine, albeit gaudy and overdecorated, French saber that he would treasure the rest of his long life. As legend has it, taciturn Sam said that the former owner of the saber had "died suddenly," but furnished no further details.

For some inexplicable reason, Britain returned Louisburg to the French, who diligently spent years and a fortune rebuilding and rearming the fortifications. Then, in 1758, the British decided to retake and forever demolish Louisburg. Whittemore, now a hearty 64, buckled on his French saber and, as peppy as ever, joined the expedition. The fort was conquered again, and he remained with the wrecking crew until Louisburg was leveled. A year later, Sam marched away again, this time winding up in Quebec, where he fought for General James Wolfe against the French General Louis-Joseph, marquis de Montcalm.

In 1763, Ottawa Chief Pontiac led an uprising in the wild, distant lands that would one day become Michigan, Ohio and Pennsylvania. Whittemore was then 68 and still looking for action.

The sons and grandchildren were ordered to stay home and work on the farm. With his saber and other weapons, Whittemore rode creakingly away on a rickety horse. He returned in triumph months later, astride one of the best stallions ever seen in Menotomy, and carrying a matched pair of ornate dueling pistols. The former owner of the dueling pistols, an enemy officer, had "died suddenly" according to laconic Sam.

Throughout his lengthy life, "Captain Sam" was as active in civilian life as he was in his military career. He served on important town committees as an assessor, a selectman, and in other capacities.

As a young married man Sam built his own home, which he and his wife Elizabeth (Spring) soon filled with three sons and five daughters. The Whittemore home still exists, on Massachusetts Avenue in Arlington.

Whittemore proved to be just as aggressive in private life as in war. During a heated election contest in January 1741, he loudly declared that one of the contestants for public office, the proud and haughty Colonel Roderick Shipley Vassal, was no more fit for the office than Sam's elderly horse, Nero, whose value he assessed at less than 5 pounds.

The infuriated colonel promptly but illegally had Whittemore jailed, and while Sam was fuming in his cell, Vassal sued him for defamation of character. The ensuing trial was a heated and well-attended one. Dauntless Whittemore, who made an admirable witness for himself, won his case. He then promptly sued the arrogant colonel for false arrest; after another sterling performance, the court awarded Whittemore the equivalent of $6,000 to soothe his pride.

After Pontiac's War, Whittemore tended to his endless chores on the farm, but he also became interested in the prospect of the 13 Colonies gaining independence from Britain. He believed that his descendants should have their own country, be able to enact their own laws and not be subject to the whims of a distant king and government.

Whittemore somehow learned about the British action at Lexington at midday on April 19 (the sound of distant gunfire may have alerted the aged warrior), and he immediately stopped working and hastened to his house. There, before the eyes of his astonished family, Sam methodically loaded his musket and both of his famed dueling pistols, put his powder and ball inside his worn and well-traveled military knapsack, strapped his French saber around his waist, squared his grizzled jaw and, as he strode briskly out the door, simply informed his worried family that he was "going to fight the British regulars" and told them to remain safely indoors until he returned.

Whittemore walked to a secluded position behind a stone wall on Mystic Street, near the corner of what is now Chestnut Street in Arlington, and calmly settled in. Some of the Minutemen pleaded with Whittemore to join them in their safer positions, but he ignored their admonitions. Soon the 47th Regiment of Foot, followed by the main body of British troops, appeared in view. On both sides of Whittemore, Minutemen were shooting at the approaching Redcoats and then sprinting away to where they could reload in safety.

Waiting until the regiment was almost upon him, Whittemore stood up, aimed his musket carefully and fired, killing a British soldier. He then fired both dueling pistols, hitting both of his targets, killing one man outright and mortally wounding another. Not having time to reload his cumbersome weapons, he grabbed his French saber and flailed away at the cursing, enraged Redcoats who now surrounded him. Some of those infuriated soldiers were probably less than one quarter of Sam's 80 years; few, if any, were even half his age.

One Englishman fired his Brown Bess almost point-blank into Whittemore's face, the heavy bullet tearing half his cheek away and knocking him flat on his back. Undaunted, Whittemore attempted to rise and continue the fight, but received no less than 13 bayonet wounds from the vengeful Redcoats. They also mercilessly clubbed his bleeding head and drove their musket butts into his body as they ran by.

When the last Britisher had left the scene and was far enough away for them to come out in safety, the villagers who had seen Whittemore's last stand walked slowly toward the body. To their astonishment, he was still alive and conscious--and still full of fight! Ignoring his wounds, he was feebly trying to load his musket for a parting shot at the retreating regiment.

A door was used as a makeshift stretcher and Whittemore was carried to the nearby Cooper Tavern. Doctor Nathaniel Tufts of Medford stripped away Sam's torn, bloody clothing and was aghast at his many gaping bayonet wounds, the other numerous bruises and lacerations, and his horrible facial injury. According to every medical text Tufts had ever studied and all of his years of experience treating injured people, the old man should have bled to death from internal injuries.

Tufts sadly remarked that it was useless to even dress so many wounds, since Whittemore could not possibly survive for very long; the deep bayonet thrusts must have pierced many of his vital organs. The horrified bystanders, however, persuaded the reluctant doctor to do his best, and Tufts bandaged Whittemore. He did what he could with the frightful facial wound in an age when plastic surgery was unknown. When the bandaging was finally finished, old Sam was tenderly carried back to his home to die surrounded by his grieving family.

To the surprise of everyone but indomitable Captain Samuel Whittemore, he lived! And continued active for the next 18 years, dying on February 3, 1793, at age 98, proud that he had done his part and more in America's fight for independence. When asked if he ever regretted his heroic deed, which had left him disfigured and somewhat lame, Whittemore would proudly reply in ringing tones, "No! I would take the same chance again!"

One might question Captain Whittemore's tactical military skill and his judgment in his last battle, but certainly not his sheer courage and bravery. *

Monday, August 8, 2011

Wholesale Food Prices - $5.00 loaves of bread are going to seem like a steal

While the wholesale food price of bread is not $5.00 per loaf it sure is creeping up in that direction. As of today August 8th, 2011 the day of the -636 point drop on the DJIA bread is selling for over $5.00 per loaf on some of the more non designer loaves in Whole Foods here in Swampscott, Massachusetts. Remember this day because a year or two from now $5.00 will seem like a steal.




I have a friend in Waterbury, CT who delivers gourmet frozen foods to customers and his number 1 complaint is the price of fuel. At least today the price per barrel of oil dropped to about $80.00/ per barrel.

If you live in Connecticut he is running a special on his home delivery food business at 4 Seasons Gourmet by giving away a free key lime pie a $25.00 value for every order over $100.00. Let me tell you his foods are restaurant quality and awesome!

Sunday, June 26, 2011

60 Minutes

Watching 60 Minutes tonite and they devoted 1 segment to the struggling Americans in or around Orlando, FL. Then the next 2 segments were on the brilliant Wynton Marsalis. While the first story is sad and a reality to what is happening here in America it really is not "cutting edge" journalism getting to the heart of the cause.

Following Wynton Marsalis to Cuba is entertaining but it too is not "newsworthy" nor is it "journalism." Mean while we are prosecuting 3 or 4 wars simultaneously, the economy is going to hell and the Americans have been looted, the dollar is going to hell, our food is being poisoned and cancer rates have doubled in the past 2 dozen years.


Meanwhile the sheeple in America vote in the same two parties hoping for a different result. I tell you what let's put some "hope" into our gas tanks and see how far that gets us! Our heads are so far up our asses it amazes me.

Let us too give this experiment fair play, and get rid, while we may, of those tyrannical laws. It is true, we are as yet secured against them by the spirit of the times. I doubt whether the people of this country would suffer an execution for heresy, or a three years imprisonment for not comprehending the mysteries of the Trinity. But is the spirit of the people an infallible, a permanent reliance? Is it government? Is this the kind of protection we receive in return for the rights we give up? Besides, the spirit of the times may alter, will alter. Our rulers will become corrupt, our people careless. A single zealot may commence persecutor, and better men be his victims. It can never be too often repeated, that the time for fixing every essential right on a legal basis is while our rulers are honest, and ourselves united. From the conclusion of this war we shall be going down hill. It will not then be necessary to resort every moment to the people for support. They will be forgotten, therefore, and their rights disregarded. They will forget themselves, but in the sole faculty of making money, and will never think of uniting to effect a due respect for their rights. The shackles, therefore, which shall not be knocked off at the conclusion of this war, will remain on us long, will be made heavier and heavier, till our rights shall revive or expire in a convulsion. -- Thomas Jefferson