Bruce Lurie, President, Douglas-Guardian Services Corporation, Houston, Texas, " We've seen announcements from some of the largest integrated finance companies either exiting the third party finance business or scaling back which we'd never have dreamed of a year ago. I believe "Finally, we are seeing companies that have historically done their own inspections being forced by the economy to outsource. I am always cautious in reading my crystal ball because I am usually wrong, but I am cautiously optimistic for service companies in our industry in 2009. One thing that we've really never had to worry about is the collectability of our receivables. "There are some companies today that we are looking at differently than how we viewed them a year ago. If you told me that some of these companies might be a credit risk 6 months ago, I'd probably laughed, but times are very different today." Since July 1995, Bruce Lurie has been president of Douglas-Guardian Services Corporation, the original equipment inspection and collateral management firm established in 1932. Prior experience includes fifteen years with Brown and Root, Inc., a multi-billion dollar engineering and construction company. Primary areas of responsibility have included project development, project finance, sales, marketing, strategic planning and executive management. Extensive training in quality deployment and team building techniques. BS, Civil Engineering, BS Engineering Management, and MBA from Tulane University , New Orleans , LA. Board affiliations: Douglas-Guardian; Raymond Professional Group; Prior Board Member of the United Association of Equipment Lessors (now the National Equipment Finance Association); and, Tulane Associates Board. Douglas-Guardian Services Corporation blurie@douglasguardian.com
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