Friday, August 21, 2009
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-------------------------------------------------------------- John Boettigheimer Back in Business John Boettigheimer, former president of Pioneer Capital Corporation, Addison, Texas is back in the leasing and finance business, announcing the formation of Centra Leasing, Inc., Plano, Texas. "I decided to start a new leasing company called Centra Leasing, Inc.," he told Leasing News. "Our target markets are franchise finance, manufacturing equipment, and production equipment. "We currently have five employees, and we will be looking to add more salespeople here over the next few months.* "Our organizational concept is to offer very high commission payouts to our sale representatives compared to other firms. We currently are offering a 70% of gross commission payout. We hope to attract only highly experienced personnel who are looking for increased pay." After graduating from the University of North Carolina at Chapel Hill, BA, Economics, he went to work as a "co-founder" with his father as the main "co-founder" of Pioneer Capital Corporation, where they worked with direct salesmen and brokers, "inventing" ZAPlease," becoming a leader in contact leasing software which not only sped up the process for submitting applications, but automating from quoting, printing contracts, to funding. The company was sold in September, 2004 to IFC Credit Corporation, Morton Grove, Illinois. According to a press release of the announcement of the sale, "Pioneer has funded over $85 million in small-ticket equipment leases over the last 3 years. Pioneer, through its proprietary web-based leasing system (Zaplease.com) processes over 5000 lease applications and funds over 1000 leases annually." Bernie Boettigheimer retired April 28, 2006, with his son throwing a surprise party at his house for him. John moved up from general manager-vice-president to President. In late 2008, Pioneer was experiencing slow fundings and financial difficulties from its parent in Morton Grove, Illinois, with John Boettigheimer sending out announcements about funding hold-ups, telling brokers to send transactions elsewhere, and then from time to time, sending back signed lease contracts with the advance rentals saying he did not see them funding. During the next six months, Leasing News can testify he was the only one admitting the cash flow problems at his parent IFC Credit, trying to control his own company's funding abilities and trying to hold onto employees from leaving what they knew was happening. In July, IFC Credit went bankrupt, and he eventually turned over the keys to the trustees. "I know that many brokers will be interested if we will be offering a broker program, and we are working on it," he told Leasing News. "Our goal right now is focusing on our target equipment markets for the immediate future. "I also want to thank the many people who called to give their support over the last few months. Many of these people were instrumental in getting Centra off and running by offering their services. "At times, we view our industry as being cutthroat, but after the last few months I can tell you that this is not true. After twenty five years in the industry, my fellow colleagues were instrumental in my decision to open a new company in very tough economic times."
John Boettigheimer *Centra Leasing, Inc. is currently hiring sales representatives who have: (a) Equipment leasing experience and an existing book of business Or (b) Individuals who have a valuable contact(s) that sells equipment to commercial entities (businesses). These suppliers include - automotive repair, construction, furniture, computers, software, manufacturing, industrial, medical, printing or any other kind of commercial equipment supplier.
IFC Credit Corporation Announces Acquisition of Pioneer Capital Corporation
Bernie Boettigheimer retires -------------------------------------------------------------- More on MericapCredit closing down In the Wednesday, August 19, 2009 issue Leasing News reported MericapCredit, Lisle, Illinois, led by Craig Weinewuth and Jim Freund reportedly had reached an agreement to sell its remaining portfolio to Main Street Bank, Kingwood, Texas, including the sales personnel let go and some Mericapcredit employees to be transitioning out over the next couple of months. The story showed the key officers and the connection with American Express Business Finance and similar background with officers at Main Street Bank. There is more to the story. Left out was where the executive officers came from after American Express Business Finance and how they started. Another point, Leasing News has not been able to confirm, the alleged problems with the Mericapcredit portfolio, including slowness and "due diligence" issues, for want of a better description. Calls to Craig Weinewuth at MericapCredit were not returned. First, the company started out as AmeriCap Credit in late May, 2005, out of Oak Grove, Illinois and New York, New York, announcing on April 21, 2006 "with investment funds managed by Metalmark Capital LLC will provide up to $80.0 million in equity capital to support AmeriCap Credit's continued growth...Concurrently, AmeriCap Credit will change its name to MeriCap Credit Corporation." In 2004, Key Equipment Finance, a leasing company based in Cleveland, Ohio, part of Key Corp., acquired American Express Business Finance Corp., formerly a business unit of the American Express financial company. In March 2005, unhappy with their new owners, a group of executives from that unit left Key to create AmeriCap Credit, a commercial finance company for construction and commercial vehicles. When the key executives left, there were accusations that they had taken proprietary information with them. They proclaimed: "We deny it, but also prove it." Attorneys may argue that an employee or partner who takes proprietary information, such as customer lists, or how credit is conducted, or the operation or manual of operations, is difficult to prove, but in this case, Key Equipment Finance, then under the direction of Paul A. Larkins, 2006 Leasing News Person of the Year, prevailed because computer forensic examiner, Craig Ball found a trail of deleted electronic evidence, and that led to the case's quick conclusion. "Hughes says one reason he hired a forensic expert was that he could see an ugly fight breaking out, and he could see costs getting out of control. Even so, the discovery issues wound up costing well over $100,000. And that's for a case that never got past the early phases of discovery. In the final accounting, AmeriCap paid the cost of discovery. According to the American Bar Association (ABA) Journal, March, 2008: "On June 2, all of Ball's work came to fruition at a contempt hearing with the defendants, their lawyers and the federal marshals listening in. Ball testified at length about his efforts but had to leave early for a speaking engagement. But observers say the defendants looked decidedly uncomfortable and, after a lunch recess, they decided to settle the case. Key Equipment Finance v. AmeriCap Credit, No. H-05-0585. AmeriCap and the attorneys who represented the company for most of the trial didn't respond to repeated requests for comment. But it should be noted that this case is simply a business case that became hung up on some specific problems with spoliation, and Vetrics and AmeriCap never got a trial on the business dispute the case was really about. Instead, the actions of a few employees angered the judge and put the company in a difficult position. So they accepted arbitration. "In the end, Key won an order prohibiting AmeriCap from using specific business or pricing information or from soliciting business from customers on Key lists. As for the role of digital data in the case, Ball had this to say: 'Think of it this way-all the garbage you threw away in the last year was taken to the garage and stored. Some deteriorated, but all the wrappers, correspondence and bills were there. We keep such a wealth of information now, the variety of which is greater than ever before.' " Here is the full ABA article sent to Leasing News by an attorney who wanted readers to be aware of the use of technology in the court room: http://leasingnews.org/PDF/ABA_Trail-of-Discovery.PDF
Former AmEx Business Finance Execs Launch Americap Credit, LLC
AmeriCap Credit, LLC Announces $80.0 Million Equity
MericapCredit closing down
-------------------------------------------------------------- Churchill Group/Churchill Leasing Closed Confirmed: Churchill Group/Churchill Leasing, Jericho, New York, is closed. Their office is locked up, "tighter than a nun's habit," a reader emailed to Leasing News. Both web sites are gone and all phone lines ring busy. Michael Berg and Peter Grace were presidents at one time. June 10, 2009 Leasing News published a Bulletin Board Complaint from Car Care of Manhasset on the company for not returning an advance rental payment. Andrew Corsi, Senior Vice-President, Sterling National Bank told Leasing News that an application for Car Care of Manhasset was sent in, but not funded. He also said that becoming aware of some customers having difficulty with funds due to them from Churchill and other experiences, the bank's relationship with the Lessor has been terminated."
Bulletin Board Complaint
-------------------------------------------------------------- Most Influential Women in Leasing- Valerie Jester Valerie Jester-- President of Brandywine Capital Associates. She served as Senior Vice President of First Sierra Financial. She was President and owner of Corporate Capital Leasing Group, which she sold to First Sierra Financial. Prior to founding Corporate Capital's predecessor company in 1988, Ms. Jester was a Regional Manager for General Electric Credit Corporation - in the company's Commercial Asset Finance Department. It is her volunteerism that nominates her as being one of the most influential women in leasing. For 17 years she has been active in the Equipment Leasing and Finance Association, very active on many committees, and also it was for her work that she was elected as the first woman chairman of the association. Ms.
Jester has not limited herself and activities to one association. She also served on the Board of Directors of the Eastern Association of Equipment Lessors and as a member of the Ethics committee of the United Association of Equipment Leasing (now National Equipment Finance Association.) She also has been a speaker and chair of many industry conventions and workshops. Ms. Jester has also served on the Board of Directors of the YMCA of Chester County, Red Cross of Chester County, the American Lung Association of Chester and Delaware Counties, the Salvation Army, and the Chester County Art Association, and has served as Chair for many local fundraising events.
Send nominations to: kitmenkin@leasingnews.org "Influential" as "a person whose actions and opinions strongly influence the course of events" {Online Dictionary They also should meet the caliber of those nominated. To start the list, here are the women who made it to the Top 25 Most Influential in Leasing (please click on name to see nomination description: )
Laurie Bakke
Susan Carol, APR Bette Kerhoulas, CLP Elaine Litwer Lisa A, Levine, CAE Shari Lipski, CLP Terri McNally Deborah Monosson June Sciotto Marci Kimble-Slagle, CLP Rebecca Smith Cynthia "Cindy" Spurdle Rosanne Wilson, CLP -------------------------------------------------------------- Classified Ads---Help Wanted
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-------------------------------------------------------------- The Crisis in Sales Management Is an Old Problem Summary: The current economy has caused slowed sales, not simply because fewer people are buying, but because salespeople don't know how to sell effectively. When I first became a sales consultant, and began working with clients, I was surprised at the lack of basic sales skills and business knowledge of most of the sales groups I encountered. Whether we consulted with multi-billion dollar corporations or middle market companies, the story was always the same - the salespeople lacked basic selling skills and knowledge, and the overall skill level and knowledge of sales managers was worse. As I thought about why this appeared to be the case, I encountered a woman who recruited senior sales managers during the last twenty-five years. I told her what I had observed, and asked her two questions: First, were my observations valid? And second, if they were valid, how did this happen? Without hesitation she told me that during most of the 1990's business was generally good and getting better each month. Salespeople in a great many industries had only to make sure they answered the telephone to take orders from customers who were anxious to buy. Selling skills and business knowledge weren't needed to meet and exceed sales quotas. Sales managers, again in many industries, had little managing to do as their teams met their numbers. That all changed, of course, as the economy began to slow in 2000. All of a sudden things changed for salespeople and for sales managers. The phone stopped ringing off the hook, and salespeople and managers found themselves competing in a cruel world against increasingly more desperate competitors. According to the sales recruiter, many experienced salespeople lost their selling skills, and those new to selling never acquired even basic sales skills. The same things happened to experienced sales managers and those new to management during this good economy. Now, of course, in the midst of the worst recession anyone can recall, senior sales leaders and senior managers are facing the reality of a crisis in sales management. When times get tough, and companies begin to lose customers and market share, senior managers want quick fixes. They often ask, "How can we gain more of our customer's mindshare, now? How can we differentiate ourselves from our competitors? How can we sell value and avoid caving into customer demands for more service and lower prices? How can we upgrade our selling skills? How can we motivate our sales teams?" As they turn to sales managers for answers, many senior executives discover that the sales managers cannot deliver comprehensive solutions, let alone quick fixes. The executives come face to face with the crisis in sales management. It is an old problem that won't go away without a new focus on front-line sales leadership. Steve Chriest, CEO Steve Chriest is the former president of a successful national leasing company. He is the founder of Selling-UpTM, a San Francisco-based sales improvement consulting firm. He developed Selling-Up's exclusive Sales Management Operating SystemTM and is publisher of Sales Journal, a monthly sales strategy publication for an E-suite audience. Steve created Selling-Up's most popular educational offerings, including Strategic Sales RoadmapTM and online courses such as Profits and Cash - The Game of Business and Assertive Negotiating. Steve is a regular contributor to executive-level publications such as Customer Think and Customer Management IQ. Steve recently completed his first book, Selling The E-Suite, The Proven System For Reaching and Selling Senior Executives, in which he translates his experiences as a CEO into a practical guide for selling to senior executives. Steve can be reached at: schriest@selling-up.com. -------------------------------------------------------------- Fernando's View Sci-fi fans will savor "District 9," while "Ponyo" is for the young and young at heart. On DVD, "Adventureland" and "Rudo y Cursi" offer romance and laughs, "Goodbye, Solo" may wring some tears. In Theaters: District 9 (TriStar Pictures): What happens when aliens come to Earth but, instead of trying to take over the planet, they settle among humans and become unwanted refugees? That's the intriguing question at the center of this original, resourceful sci-fi thriller produced by Peter Jackson ("Lord of the Rings"). Set in an alien slum compound in South Africa, the fast-paced plot follows a combat specialist named Wikus (Sharlto Copley) who's hired to destroy the creatures but, once sprayed with a fluid that makes him slowly turn into one of the interplanetary visitors, comes to realize the complexities of the situation. Director Neill Blomkamp introduces a variety of sharp satirical concepts about survival, corruption, and prejudice between species without ever letting the action wane. Ponyo (Walt Disney Pictures): Hayao Miyazaki ("Spirited Away") shows once more why he's one of the most revered directors of animated features with this enchanting children's story. Loosely based on Hans Christian Andersen's "The Little Mermaid," it tells an unusual fairy tale about a young goldfish named Ponyo who's determined to leave the deep sea and start life on land as a human. Transformed into a red-haired little girl, Ponyo befriends a 5-year-old boy named Sosuke, but can she hide from her past long enough to find a new home? Putting even Pixar's movies to shame, Miyazaki's colorful and heartfelt fairy tale is for the young and the young at heart. With a voice cast that includes Liam Neeson, Cate Blanchett, Matt Damon and Cloris Leachman. New on DVD: Adventureland (Miramax): Greg Mottola ("Superbad") delivers another fond, funny look at the loves and foibles of young people. Set in the summer of 1987, it stars Jesse Eisenberg as James, a student who, having recently finished college, is planning to take off on an European trip. However, when trouble at home scotch his travel plans and jeopardize his plans for grad school, he takes up a less than ideal job working at the local amusement park. Full of bratty children and brassy parents, it seems like a nightmare job until he meets co-worker Em (Kristen Stewart). Closer to Richard Linklater's thoughtful portraits of youth ("Dazed and Confused") than to Judd Apatow's raunchy comedies, this heartfelt film shows how relationships can be their own kind of rollercoaster. Goodbye Solo (Roadside Attractions): Solo ( Souléymane Sy Savané) is a cheerful family man from Senegal trying to make it in North Carolina by driving a taxi cab. William (Red West) is a life-hardened, aged local who has little hope in dreams and even less patience with the enthusiasm of someone like Solo. It's difficult to imagine a more unlikely pair of protagonists, yet once brought together over the course of a long drive to the mountains, the two men gradually develop an understanding of each other's sets of values, and true friendship blossoms. Warmly acted and directed with a keen eye for surprising humanity by Ramin Bahrani, this is a deeply moving, at times unexpectedly funny, and ultimately hopeful look at human connection in difficult times. Rudo y Cursi (Sony Pictures Classics): Gael Garcia Bernal and Diego Luna ("Y Tu Mama Tambien") team up once more for this screwball comedy, which hits theaters after a crowd-pleasing run in film festivals. The stars play Mexican brothers who work in a banana plantation and spend their free time playing soccer and dreaming of moving to Mexico City. Cursi (Garcia Bernal) wants to become a singer, while Rudo (Luna) is a family man obsessed with gambling and sports. When a talent scout comes to the field and picks Cursi for the major leagues, Rudo goes after them with comic consequences. A mix of social commentary and raucous jock humor, it may be the rare film to please fans of "Amores Perrors" as well as "Wedding Crashers." With subtitles. -------------------------------------------------------------- New Hires---Promotions Shawn Arnone was named vice president of business development for Direct Capital, Portsmouth, New Hampshire. He was formerly an executive at US Express Leasing and CIT. Previously Mr. Arnone was a vice president for Key Equipment Finance, and in sales and management positions at CitiCapital, Copelco Capital, and Canon Financial Services. Before his career in financial services, he co-founded and managed two successful businesses. Mr. Arnone attended St. Peter's College in Jersey City, NJ, and earned an MBA from Baruch College, Zicklin School of Business in New York, NY. He is an active member of the Equipment Leasing and Finance Association, serving on its Captive and Vendor Council. Richard Beynon was hired as chief financial officer, Mazuma Capital, Draper, Utah. He was chief financial officer for hedge fund complex Outrigger Funds. Mr. Beynon received a bachelor's of science degree from the University of Utah and a master's of business administration degree at Westminster College's Gore School of Business where he was published in the school's business journal. Randall D. Hunt has been hired as Equipment Finance Specialist for Arvest Equipment Finance, Oklahoma City, Oklahoma, a division of Arvest Bank, who operates more than 200 bank branches in Arkansas, Oklahoma, Missouri and Kansas through a network of 16 locally managed banks, each with its own board of directors and management team. Mr. Hunt will be responsible for new business development and account management of commercial equipment finance and lease transactions in the states of Oklahoma and Kansas. Hunt is a graduate of the University of Oklahoma and holds a Bachelor of Business Administration in Finance. Michael Mandy was named Major Account Manager for Graphic Savings Group LLC, Brooklyn, New York. Before joining Graphic Savings Group, he served as a Portfolio Administration Associate at AllianceBernstein. Prior to joining AllianceBernstein, he was a Sales Assistant at Merrill Lynch. He received a BS in Finance from Ithaca College and is currently working towards achieving the CFP designation. -------------------------------------------------------------- Classified ads-Attorneys Client Looking For A Leasing Attorney
Post a free Leasing attorney classified ads: http://www.leasingnews.org/Classified/Attorney/Attorney-post.htm -------------------------------------------------------------- ### Press Release ########################## "The 'Great Recession' is no more," Oregon Bank says Eugene, Ore. - The Liberty Bank Small Business Index (SBI) for Oregon rose slightly this month, climbing to 80.1 from a revised 79.5 in June 2009. The increase reflected the likely conclusion to the longest, deepest and most painful U.S. recession since the Great Depression, which would be of great benefit to Oregon's small business sector. Despite the good news, the country's problems with housing, foreclosures, bankruptcies, and other issues are not over, says Jeff Thredgold, economic consultant to Liberty Bank. "The 'Great Recession' is no more," Thredgold said. "Problems remain, of course, but a very likely return to positive U.S. economic growth this quarter and next quarter and throughout 2010 is a precondition to dealing with all of the very serious issues the country and the state of Oregon are facing." Total employment in Oregon fell by 98,600 jobs during the past 12 months. The state's unemployment rate declined slightly to 11.9 percent in July from a revised 12 percent in June, significantly higher than the 6.3 percent rate of a year ago. A higher Oregon jobless rate is a positive contributor to the index as it suggests greater access to labor for small businesses. The U.S. Department of Labor reported a net loss of 247,000 jobs in July 2009, the 19th monthly decline in a row, but less than the estimated loss of 325,000 jobs. Previously reported job losses during May and June were revised to show the net loss of 43,000 fewer jobs. The U.S. economy has now lost 6.7 million jobs since the "Great Recession" began in December 2007, with more than half of the losses during 2009's first seven months. "Such job losses are likely to lessen in coming months," Thredgold said. "Most forecasters see the recession now concluding, with a consensus view that slightly positive GDP will be achieved in the current quarter." Thredgold said second quarter 2009 economic data released on July 31 by the U.S. Commerce Department contained many favorable tidbits. Although the American economy did contract again during 2009's second quarter, the modest 1 percent real (after inflation) annual rate of decline was much better than the revised 6.4 percent real annual rate of decline during 2009's first quarter, the worst quarter in 27 years. See chart in attached report. The SBI measures business conditions from the viewpoint of the Oregon small business owner or manager. A higher number is associated with more favorable business conditions for Oregon's small businesses. The index uses 100.0 for calendar year 1997 as its base year. The index also includes revisions to various historical and new forecast components as they become available. Liberty Bank provides financial services to clients throughout Oregon with 16 offices in Eugene, Springfield, Bend, Grants Pass, Medford, Redmond and Portland. Liberty Bank specializes in loan, lease, free checking and deposit services for businesses; commercial mortgage, construction and consumer loans; and a broad range of consumer deposit products. Non-FDIC insured investments are available through Liberty Investment and Insurance. Securities and related services are offered by PrimeVest Financial Services, Inc., an independent, registered broker/dealer and registered investment adviser. Member FINRA/SIPC. Investment products are: o Not FDIC insured o May lose value o Not bank guaranteed o Not a deposit o Not insured by any federal government agency.
Full Report:
-------------------------------------------------------------- ### Press Release ############################ Penske Truck Leasing to Sell Used Trucks on eBay Motors READING, Pa., -- Penske Truck Leasing announced the availability of direct-to-consumer used commercial truck sales through eBay Motors. Through eBay Motors, Penske will offer visitors the opportunity to bid on a full-range of vehicles, including light-, medium- and heavy-duty trucks, utility trucks, buses and sedans. Each vehicle meets Penske's superior standards for interior, exterior and component quality. It also comes with a complete history of the vehicle's preventive maintenance schedule so that prospective buyers can make well-informed purchase decisions. Visit Penske's eBay store: http://stores.shop.ebay.com/Penske-Used-Trucks. "Innovation and entrepreneurship are part of our DNA at Penske Truck Leasing," said Jack Mitchell, Vice President - Remarketing, Penske Truck Leasing. "Leveraging this new sales channel and being among the first major truck leasing companies in our industry to bring used truck sales direct to the retail market via eBay Motors exemplifies this." Through the eBay Motors store, Penske also offers customers comprehensive financing options within a few business days through a partnership with netLoan and the option to add an extended warranty from National Truck Protection, the largest independent used truck warranty company in North America. For a complete listing of used trucks for wholesale and retail purchase, visit www.PenskeUsedTrucks.com. Penske is a top commercial vehicle reseller. In 2008, it sold more than 23,000 used trucks, tractors and trailers, primarily to wholesalers, original equipment manufacturers and corporate fleets. Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture among Penske Corporation, Penske Automotive Group and General Electric. A leading global transportation services provider, Penske operates more than 200,000 vehicles and serves customers from more than 1,000 locations in North America, South America, Europe and Asia. Product lines include full-service truck leasing, contract maintenance, commercial and consumer truck rentals, transportation and warehousing management, and supply chain management solutions. Visit www.GoPenske.com to learn more about the company and its products and services. -------------------------------------------------------------- #### Press Release ############################# West Coast Franchise Expo Oct. 2-4 Public Invited to Visit with More Than 150 Franchise Companies WASHINGTON, D.C. Aug. 21, 2009 - As the U.S. economy begins to recover from the worst recession since World War II, many are looking for new career options that put them more in control of their livelihoods. Franchising could be the answer. For investors on the West Coast, the opportunity to investigate more than 150 franchise companies offering a wide range of concepts and investment levels will be available during the West Coast Franchise Expo Oct. 2-4 at the Los Angeles Convention Center. Studies show that more than 900,000 franchised establishments operating in the United States provide over 21 million jobs and contribute $2.3 trillion to the economy. In California alone, there are over 97,000 establishments that provide nearly 2.3 million jobs and generate $285.8 billion in economic output. The three-day event, sponsored by the International Franchise Association (IFA) and produced by MFV Expositions, will showcase familiar brands of mature systems ranging from H & R Block, Baja Fresh Mexican Grill to ValPack to The UPS Store. "Franchise ownership helps people get into business for themselves but not by themselves," said IFA President & CEO Matthew Shay. "The West Coast Franchise Expo is a great opportunity to learn more about franchising and the varied opportunities that are available." The diversity of the companies slated to exhibit their brands suit a wide range of small-business candidates. The unique business categories include hotels, spa services, children's learning, tax services and a variety of food concepts. The trade show also features face-time with company representatives who can discuss any aspect of their concepts with potential investors. The expo also includes an array of free and fee-based seminars for prospective investors, as well as educational programs for current franchise professionals seeking to sharpen their industry skills and pursue accreditation through the Institute of Certified Franchise Executives. Small-business entrepreneurs who are considering franchising their enterprises can take advantage of the paid symposium "Franchising Your Business," taught by industry experts who have helped numbers of owners adapt the franchising concept to their companies. Veterans are offered free entry into the show, as well as a free seminar specifically designed to address their questions about franchise ownership. IFA's "VetFran" program aids veterans in acquiring franchises through the voluntary efforts of nearly 400 companies that are members of the association. More than 1,400 franchises have been sold to veterans through the program since 2002. Many VetFran participating companies will be on exhibit during the show.
About The International Franchise Association #### Press Release ###########################
------------------------------------------------------------- News Briefs---- Most Failing Banks Are Doing It the Old-School Way
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Foreclosures keep climbing
U.S. Broadband Growth Slowest in Eight Years
Consumers' credit scores can fall when card issuers cut limits
Oracle's $7.4 billion buyout of Sun Microsystems wins Justice Department approval
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Today's Top Event in History 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. [headlines] This Day in American History
1680 - Pueblo Indians took possession of Santa Fe, N.M., after driving out the Spanish. They destroyed almost all of the Spanish churches in Taos and Santa Fe. -------------------------------------------------------------- Baseball Poem
Above, From Tim Peeler's book, "Waiting for Godot's -------------------------------------------------------------- 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 -------------------------------------------------------------- Daily Puzzle How to play: Refresh for current date: -------------------------------------------------------------- http://www.gasbuddy.com/ -------------------------------------------------------------- Weather See USA map, click to specific area, no commercials -------------------------------------------------------------- Traffic Live--- Real Time Traffic Information You can save up to 20 different routes and check them out with one click, -------------------------------- |
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