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Leasing News is a web site that posts information, news, and entertainment for the commercial leasing and finance industry. The News Edition is updated Monday, Wednesday and Friday.
   



Wednesday, July 27, 2011


Today's Equipment Leasing Headlines


CFA to Merge with NFA
  Classified Ads---Credit
Tom Price/Hyun Um $200/$400 Million BK
   with charges of Scam
    by Kit Menkin
CHG-Meridian off Funder Looking for a Broker List
   Classified Ads---Help Wanted
  July 27 Beige Book –Growth Slowed Down 2nd Quarter
   MFLI-25: June Leasing Business Up
    Monday Early-Bird Deadline ELFA 50th Annual Conference
     IASB Re-Expose, Push IFRS to January, 2015
 June---The List
  -- Mergers, Acquisitions & Changes
   New Hires---Promotions
    Top Stories---July 18--July 22
      Tacoma, Washington Adopt-a-Dog
          Capt. America/Superman/Batman, Spider Man, Iron Man
          Super Heroes on the screen by Fernando Croce
News Briefs----
 Asian stock markets sink over US debt fears
  Treasury to Weigh Which Bills to Pay
   Are We Any Closer to a Hertz and Dollar Thrifty Merger?
    3700 Post Offices to Close--by State/Location
     Alex Trebek injured chasing burglary suspect in SF Hotel

Broker/Funder/Industry Lists | Features (collection)
Top Ten Stories Chosen by Readers | Top Stories last six months
 

Who owns America? Hint: It's not China
  You May have Missed---
   Sports Briefs---
      California Nuts Brief---
       "Gimme that Wine"
         This Day in American History
          SuDoku
           Daily Puzzle
            GasBuddy
             Weather, USA or specific area
              Traffic Live----

######## surrounding the article denotes it is a “press release” and was not written by Leasing News nor information verified, but from the source noted. When an article is signed by the writer, it is considered a “by line.” It reflects the opinion and research of the writer. It is considered “bias” as it is the writer’s viewpoint.

 


[headlines]
--------------------------------------------------------------

CFA to Merge with NFA


According to an announcement about the cancellation of the Atlanta branch meeting of the National Funding Association (NFA), the group headquartered in Grover, North Carolina, is merging with the Commercial Finance Association (CFA), New York, New York (CFA). A spokesperson for the Commercial Finance Association told Leasing News the merger was correct, “details are now being worked out, and hopefully a formal announcement will be made in two or three weeks.”

The email from the National Funding Association:

“Due to the recently announced merger of the CFA (Commercial Finance Association) and the NFA - the NFA Atlanta Chapter has suspended our regular monthly luncheons and anticipates resuming in September once the merger is complete, either in conjunction with scheduled CFA events, or as determined.”

eMail from NFA

The National Funding Association has 400 paying members, according to an interview, but unofficially perhaps up to 2,500 who attend their monthly luncheons through the United States. The web site states, "A network of individuals consisting of investment bankers, accountants, attorneys, brokers, venture capitalists, consultants, bankers, turnaround professionals, factors, specialty finance companies, and asset based lenders. It was organized in 1991 in Charlotte by Bud Wilson, Warren Shinn and Barry Yelton for the express purpose of bringing together financial professionals to network among themselves."

The NFA currently has active chapters in Atlanta, Charlotte, Chicago, Great Lakes: Cleveland, Michigan, Midsouth (Nashville, Memphis, and Birmingham), Research Triangle, Southwest: Houston/New Orleans, and Tampa Bay. They are planning a Southern California Chapter and expanding in the West.

At this point, all the work is being done by volunteers and they have no paid staff or management firm, Leasing News was told.

NFA chapters hold monthly luncheon meetings or receptions, often with a featured speaker, which is usually one of the chapter members or an outside professional with information of interest to the membership. Panel discussions on a range of topics are also held at the monthly meetings. Attendance can be up to 100 at each meeting, but varies, as the chapters are conducted by volunteers.

In contracts Founded in 1944, CFA the CFA is one of the oldest financial association, founded in 1944, and has 260 members, according to a CFA spokesperson. There is a staff, well organized, as well as conferences and other activities. Another difference is membership is by organization, not by individual. Their web site states they have "...members throughout the U.S., Canda and around the world."

National Funding Association
www.nationalfunding.org

Commercial Finance Association
www.cfa.com

 

[headlines]
--------------------------------------------------------------

Classified Ads---Credit


(These ads are “free” to those seeking employment
or looking to improve their position)

Dallas/Ft. Worth, Texas
Proven results Credit Manager-Strong vendor/broker/funding Learned from BEST - Schiell & Galtelli, Centerpoint, Affiliated, Heritage Pacific.
ulrich_elizabeth@yahoo.com
http://www.linkedin.com/pub/elizabeth-ulrich/8/a26/240
Credit and Collections Manager
Seasoned Ops, Broker Development, Credit, Legal, Strategy, P & L Management detail oriented team player seeks position with Small ticket direct lender. Wgriffith61@yahoo.com | Resume

Free Posting for those seeking employment in Leasing:
http://www.leasingnews.org/Classified/Jwanted/Jwanted-post.htm

All “free” categories “job wanted” ads:
http://www.leasingnews.org/Classified/Jwanted/Jwanted.htm

[headlines]
--------------------------------------------------------------


Tom Price/Hyun Um $200/$400 Million BK
with charges of Scam
by Kit Menkin


Tom Price purchased Radiance Capital, Tacoma, Washington and ran the company out of his real estate office. In fact, the operation was less than 30 feet from where he sat. When he bought it, it seems for the portfolio only. The announce in January, 2009 was “The company will continue to manage and service the existing portfolio. For the foreseeable future, there are no plans to fund or originate new finance transactions.”

“…Tom Price was the son of Mike Price, former chairman/ceo of T&W Financial. Tom was president. The company was one of the first to use securitization, went public, and was basically very successful until it moved out of the small ticket marketplace. Both Mike and Tom remained in real estate, but did leases with other partners, Leasing News was told. After the bankruptcy, only one officer was left holding the bag, it is reported, and he went to jail. May, 2006 Paul B. Luke, CPA 50, of Omaha, Nebraska, was sentenced to one year in prison, three years of supervised release and $1.2 million in restitution. According to records in U.S. District Court in Tacoma, Luke created a fraudulent lease agreement in order to draw more than $1 million from a line of credit T&W had with Bank of America. The money was used to pay T&W's officers, a partners car leases, and it was the $1.2 million loan default with BofA that pushed the company into bankruptcy.

(Both Mike Price and Paul Luke were active with the Western Association of Equipment Lessors and well known at the time.)
http://www.leasingnews.org/list_alpha_new.htm#radiance

2001- Mike Price plead guilty to tax evasion and paid $442,661 in restitution and penalties after he pleaded guilty last July to attempting to evade about $280,000 in state taxes on a 73-foot yacht, the state Department of Revenue said. Prosecutors said Price falsified paperwork to show that he had purchased the boat from a T&W Leasing Co., which they said was fictitious. In fact, he had contracted with Tacoma and Anacortes firms to build the boat for him, according to the charges.
http://www.leasingnews.org/Conscious-Top%20Stories/TaxEvasion.htm

Tom Price and his partner Hyun Um have filed Chapter 11 bankruptcies, apparently when several of their banks failed, and perhaps because their loans also contributed to the failure, and other banks started calling their loans, followed by many contractors, other banks, financial groups, and independent companies not being paid for quite some time (the list in bankruptcy is only partial at this time.)

The Chapter 11 bankruptcy sounds complicated, and appears to put both partners in quite a bit of financial trouble about the disbursement of money, perhaps similar to what happened at T&W Leasing, according to the Tacoma www.thenewstribune.com. the newspaper reports, " In court documents, Price and Um acknowledge the Prium empire grew quickly and broadly but blame their financial trouble on a ‘historic economic downturn,’ which threatened the ability to refinance the existing secured debts, renew leases, etc.”

"Price and Um moved money among their companies and took money out at will, with little to no documentation. Prium has a bookkeeper, but no chief financial officer. It had a chief executive officer for only a few years. And layoffs last year cut the staff in half.

"Some creditors, in court filings, accuse them of playing a shell game.

"Finding out how much money Prium and its entities have, as well as how all of them are connected, is the task of an independent financial examiner."

It seems history repeats itself in Tacoma.

$200 Million BK filing by Thomas W. Price and Patricia A. Price
(does not include filings by "Official Unsecured Creditors Committee-separate case"):
http://www.leasingnews.org/PDF/PricePetitionforBK.pdf

$200 Million BK filing by Hyun J Um and Jin S Um
(Does not include three others separate cases):
http://www.leasingnews.org/PDF/HyunUmBK.pdf

Full Tacoma News Story:
http://www.thenewstribune.com/2011/07/16/1747537/priums-pierce-county-founders.html

Gary DiLillo, President 216-658-5618 or gary@avptc.com

Comprehensive personal property tax outsourcing services.
Click here to see what our clients say about us.


[headlines]
--------------------------------------------------------------

CHG-Meridian off Funder Looking for a Broker List



CHG-Meridian
Woodland Hills, CA
James Drake
877-302-2282
james.drake@chg-meridian.com
www.chg-merdian.us
(click here for further description)

50+
US based
US, Europe,
South America
$250,000+
Y
N
N
Y
Y

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

A spokesperson for CHG-Meridian wrote Leasing News:

"As we work in a very special customer environment, CHG Sales Management focuses very selectively on certain brokers.

"We think your services are valuable, however not the right fit for now.

"Thank you for taking us off the list."

Best Regards,
CHG-MERIDIAN U.S. Finance, Ltd.

Funders Looking for New Broker Business
http://www.leasingnews.org/Funders_Only/New_Broker.htm

Leasing Companies Out of Business
plus No Longer taking Broker/Discounting Business
http://www.leasingnews.org/Pages/Out-of-broker-bus.htm


[headlines]
--------------------------------------------------------------


Leasing Industry Help Wanted

EQUIPMENT LEASING SALES
Nationwide- Grand Island, Nebraska

AXIS Capital, Inc. has immediate opportunities in Texas (Houston or Dallas based) for experienced customer direct leasing sales executives with established current end user relationships preferred. AXIS Capital Inc. is a National Independent Leasing company. Our ideal candidate will have the opportunity to utilize their industry expertise with the opportunity to grow their existing equipment lessee customer base.

Position Requirements:
• Candidates will possess exceptional verbal, written and    customer service skills.
• Proficient in Excel, Word, Outlook, PowerPoint.
• Self-motivating and organizational skills.
• Travel required


Competitive salary, health insurance, 401K, life Insurance, paid vacations and holidays. If you possess the required experience and feel you have what it takes to succeed, please email your resume to hr@axiscapitalinc.com or send your resume to PO Box 2555, Grand Island, NE 68801.

www.axiscapitalinc.com




For information on placing a help wanted ad, please click here:
http://www.leasingnews.org/Classified/Hwanted/Hwanted-post.htm

Please see our Job Wanted section for possible new employees.


[headlines]
--------------------------------------------------------------



July 27 Beige Book –Growth Slowed Down 2nd Quarter


"Reports from the twelve Federal Reserve Districts indicated that economic activity continued to grow; however, the pace has moderated in many Districts."

Te Fed's 12 bank regions reported slower growth in June and early July compared with the spring, as disruption in Washington played a large part to the decline.

Weather had a factor, for sure, as well as the shutdown of Minnesota's state government, and cuts from local, county, and state government.

Loan volume was good, meaning not down, and some was better than could be expected, as it appears the infrastructure is sound.

"Reports of loan demand were more mixed than in the previous Beige Book. The New York, Richmond, and Chicago Districts reported overall increases in loan demand but from different sources. Commercial and industrial loans accounted for the growth in the New York District, while consumer loans accounted for the growth in the Chicago District. Loan growth in the Richmond District was driven by consumer lending, real estate loans for apartments, and commercial loans for larger companies. Total loan volume decreased in the St. Louis and Kansas City Districts, reflecting decreases in real estate lending and individual loans in St. Louis and reductions in consumer installment, commercial real estate, and commercial and industrial loans in Kansas City. The Philadelphia, Dallas, and San Francisco Districts reported relatively little overall change in loan volume, while the Cleveland and Atlanta Districts reported mixed results. Outside of banking, the San Francisco District indicated increased investment activity by venture capital firms and higher levels of IPO activity.

"Credit conditions have changed little since the previous Beige Book. Banks in the New York, Cleveland, Richmond, Chicago, and Dallas Districts reported that credit quality was flat or somewhat improved. Bankers in the Richmond, Atlanta, Chicago, Dallas, and San Francisco Districts noted that competition among lenders for high-quality borrowers was squeezing banks' margins and lowering the cost of capital for those borrowers. Bank contacts in the New York, Atlanta, Chicago, Kansas City, and San Francisco Districts indicated that credit standards were mostly unchanged at tight levels, but the Cleveland District heard a few reports of easing standards."

Boston
www.federalreserve.gov/fomc/beigebook/2011/20110727/1.htm

New York
www.federalreserve.gov/fomc/beigebook/2011/20110727/2.htm

Philadelphia
www.federalreserve.gov/fomc/beigebook/2011/20110727/3.htm

Cleveland
www.federalreserve.gov/fomc/beigebook/2011/20110727/4.htm

Richmond
www.federalreserve.gov/fomc/beigebook/2011/20110727/5.htm

Atlanta
www.federalreserve.gov/fomc/beigebook/2011/20110727/6.htm

Chicago
www.federalreserve.gov/fomc/beigebook/2011/20110727/7.htm

St. Louis
www.federalreserve.gov/fomc/beigebook/2011/20110727/8.htm

Minneapolis
www.federalreserve.gov/fomc/beigebook/2011/20110727/9.htm

Kansas City
www.federalreserve.gov/fomc/beigebook/2011/20110727/10.htm

Dallas
www.federalreserve.gov/fomc/beigebook/2011/20110727/11.htm

San Francisco
www.federalreserve.gov/fomc/beigebook/2011/20110727/12.htm

Full report:
www.federalreserve.gov/fomc/beigebook/2011/20110727/FullReport.htm

(This ad is a “trade” for the writing of this column. Opinions
contained in the column are those of Mr. Terry Winders, CLP)

[headlines]
--------------------------------------------------------------

MFLI-25: June Leasing Business Up


The Equipment Leasing and Finance Association's (ELFA) Monthly Leasing and Finance Index (MLFI-25) reports overall new business volume for June was $7.3 billion, up 33 percent from volume of $5.5 billion in the same period in 2010. Compared with May volume, June volume increased by 30 percent. Year to date, new business volume is up 28.5 percent over last year.

ELFA Chairman Elect, Crit DeMent
CEO, LEAF Commercial Capital
LEAF Financial Corp.

“LEAF is experiencing similar results that are in line with the statistics detailed in the June MLFI index," Crit DeMent, Chief Executive Officer, LEAF Commercial Capital, Inc., said. “We are receiving positive feedback from our equipment vendors that sales are beginning to trend upwards.”

He added, “The majority of these sales are still replacement volume, which is driven by companies now obtaining new equipment they have been holding back on acquiring during the recession. The fulfillment of this pent-up demand is a positive indication that the economy is continuing to recover.”

 

MLFI-25 New Business Volume
(Year Over Year Comparison)


click image for larger view

Aging of Receivables:


click image for larger view

Average Losses (Charge-offs) as a % of net receivables
(Year Over Year Comparison)


click image to view larger

Credit Approval Ratios As % of all Decisions Submitted
(Year Over Year Comparison)


click image to view larger

Total Number of Employees
(Year Over Year Comparison)


click image to view larger

 

(Leasing News provides this ad “gratis” as a means
to help support the growth of Lease Police)

[headlines]
--------------------------------------------------------------


Monday Early-Bird Deadline ELFA 50th Annual Conference
San Antonio, Texas

The 50th Anniversary Equipment Leasing and Finance Convention promises
to be "the largest meeting of the equipment leasing and finance sector
---Whoever you need to see is likely to be there!"

To those who have survived in this economy, and to those who
want to survive in this economy, this conference is a must.

Monday, August 1, 2011
Deadline for early-bird discount on convention registration fee.
Note: To take advantage of the discount, you must also reserve
your accommodations at the JW Marriott Hill Country.

Wednesday, September 21, 2011
Last day to receive the special ELFA convention rate
for your accommodations at the JW Marriott Hill Country.

Monday, October 10, 2011
Last day for mail-in and online registrations.
After this date registrations can be made on-site.
Please note: There are no refunds of registration fees after this date.

Conference Brochure:
http://www.elfaonline.org/cvweb_elfa/cgi-bin/documentdll.dll/view?DOCUMENTNUM=321

What Previous Attendees are Saying:
http://www.elfaonline.org/pub/events/2011/AC/50th/

Registration Forms:
http://www.elfaonline.org/pub/events/2011/ac/RegInfo.cfm

Share Your Anniversary Message
http://www.elfaonline.org/pub/events/2011/AC/50th/share.cfm

Keynote Speakers

General Stanley McChrystal
Former Commander of U.S. and International Forces in Afghanistan

Marin Regalia
Chief Economist and Senior Vice President for Economic and Tax Policy
United States Chamber of Commerce

Garrison Wynn
President, Wynne Solutions


[headlines]
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Send Leasing News to a colleague. Ask them to subscribe. We are free!


IASB Re-Expose, Push IFRS to January, 2015


“The International Accounting Standards Board announces the results of their meeting in London, which also saw the first meeting "... for the new Chair, Hans Hoogervorst, the Vice-Chair, Ian Mackintosh, and Takatsugu Ochi.

“The highlights of the meeting were agreement by the boards on the direction for new requirements for the impairment of those financial assets that are measured at amortized cost and agreement on the accounting by a lessor. These are matters on which the boards had previously had different approaches.

“The boards also decided that, although they have yet to complete all of their re-deliberations, they had enough information to decide that they would re-expose the lease accounting proposals.

“The IASB also agreed to propose delaying the effective date of IFRS 9 Financial Instruments (both the 2009 and 2010 phases) from 1 January 2013 to 1 January 2015. The IASB expects to publish an exposure draft proposing that change in date in the first week of August.

“The next meeting of the IASB is on Thursday 28 July, after which the IASB has no scheduled public meetings until September.

“The IASB has published a revised work plan on its website reflecting the decisions taken at this meeting.”

The topics discussed at the joint IASB (11 pages):
http://www.leasingnews.org/PDF/topicsjointIASB.pdf


[headlines]
--------------------------------------------------------------

June---The List
-- Mergers, Acquisitions & Changes


C and J Leasing Corp, Des Moines, Iowa (06/11) Rice convicted of $8 million lease discount scheme.

QuikTrak, Beaverton, Oregon (06/11) Sued with others by Farmers Exchange Bank over inspection of equipment for Allied Health Care Services scandal (equipment never existed).

ACC Capital/ Amembal Capital, Midvale, Utah (06/11) Loni Lowder, 100% owner says company in “pay down” to creditor. He is now manager of Stalwart Contract Finance doing $1+ million service contract loans.

Navitas Lease Corp., Ponte Verde, Florida (06/11) Gary Shivers announces his company has new division for "brokers only" to be headed by Dwight Galloway, CLP, ex-LEAF Specialty President, called RLC Funding. Navitas has filled for a California Lender’s License.

Alphabetical Order:
http://www.leasingnews.org/list_alpha_new.htm

Chronological Order:
http://www.leasingnews.org/list_chron_new.htm

John Kenny Receivables Management
www.jrkrmdirect.com

• End of Lease Negotiations & Enforcement
• Fraud Investigation
• Credit Investigations
• Asset Searches
• Skip-tracing
• Third-party Commercial Collections

The Solution to Your Credit & Accounts Receivable Needs
John Kenny
315-866-1167 |  John@jkrmdirect.com


(Leasing News provides this ad as a trade for investigations
and background information provided by John Kenny)


[headlines]
--------------------------------------------------------------

New Hires---Promotions


John Amato has been named Senior Vice-President, Director of Operations of SunTrust Equipment Finance & Leasing Corp., Atlanta, Georgia (March, 2011.) Previously he was Relationship Manager, Square Two Financial (December, 2009-March, 2011), Vice President, Capital and Middle Market Originations, Key Equipment Finance (February, 2007-August, 2009), Regional Business Unit Manager, Key Equipment Finance (2005-2007), Director, Global eBusiness, Key Equipment Finance (2002-2005), Director, Corporate Sales and Program Development, Alpine Access (August, 2000-February, 2002), Vice President Marketing and eCommerce, Bellco (1998-200), Vice President Call Center, Bellco Credit Union (1995-1998), Call Center Director, US Bank (1983-1995).l Business/ Finance, University of Northern Colorado.
http://www.linkedin.com/pub/john-amato/0/761/239

Jeffrey "Jeff" J. Bell hired as vice president, sales operations for U.S. manufacturer and vendor alliances for Key Equipment Finance, Superior, Colorado. "In this role, Bell will lead the building of a uniform sales culture across Key Equipment Finance’s manufacturer and vendor alliances." Hartford, Connecticut area is his location.

Previously he was Master Black Belt-Lean Six Sigma (1), AXA Equitable Insurance (January, 2008-July, 2011), SVP, General Manager Textron Financial (August, 2006-December 2007), Lean Six Sigma Black Belt, Textron Financial (August, 2004-August, 2006), VP-Business Development, GE Commercial Distribution Finance (1994-2004), Senior Business Analyst, Fleet Capital (1989-1994), Field Examiner, Bank of Boston (January, 1988-December, 1989), Account Manager, ITT Commercial Finance (1984-1988). BS, Marketing, The University of Connecticut School of Business (1980-1984), MBA, Finance, the University of Connecticut (1990-1995).
http://www.linkedin.com/pub/jeff-bell/5/754/484

(1) Six Sigma seeks to improve the quality of process outputs by identifying and removing the causes of defects (errors) and minimizing variability in manufacturing and business processes. It uses a set of quality management methods, including statistical methods, and creates a special infrastructure of people within the organization ("Black Belts", "Green Belts", etc.) who are experts in these methods. Each Six Sigma project carried out within an organization follows a defined sequence of steps and has quantified financial targets (cost reduction or profit increase).
http://en.wikipedia.org/wiki/Six_Sigma

Randy Cameron has been named Managing Director and Executive Vice-President at StoneCastle Partners, LLC., New York, New York. He is located in the Greater Salt Lake City area, Utah. He previously was Senior Vice President, Zions Bank (January, 2006-July, 2011), Senior Vice President, Sentry Financial Corp.,(2002-2005), Executive Vice President, Amembal Capital Corp. (2002-2003), Senior Vice President Bank One (1985-2001). He graduated Brighton High School, earned a BS, Accounting and Finance Degrees, University of Utah-David Eccles School of Business, MBA, Sales Management and Financial Analysis, University of Utah, David Eccles School of Business (1979-1982), MS, Banking and Finance, University of Delaware, Lerner College of Business and Economics (1989-1992).
http://www.linkedin.com/pub/randy-cameron/11/52/79b



Andrew Jones named Vice President, Business Development Officer, Southeast Region, for United Capital Business Lending, Hunt Valley, Maryland. He will be responsible for loan origination and managing key client relationships in Florida and surrounding states. He previously was with MD Johnson, Inc. in Stuart, FL and Falcon Financial, LLC in Stamford CT. He has also held management sales positions at SunTrust Banks, Inc. in West Palm Beach, FL and Barnett Banks, Inc. in Orlando, FL. Jones received his BS degree in Business Administration from University of Florida, Gainesville, Florida and earned his Masters degree in Business Administration from University of Central Florida, Orlando, Florida.

Jessee Johnson joins LeaseTeam as Senior Sales Executive, Chandler, Arizona. Previously he was District Manager, OSG Billing Services (August, 2005-July, 2011), Account Executive, Yellowbook (2004-2005), Senior Department Manager, JC Penny (June, 2003-December 2004). West Virginia University (1999-2003). He is on the board of directors for National Finance Association and on the Operations and Technology Committee, Equipment Leasing and Finance Association.
http://www.linkedin.com/pub/jesse-johnson/6/317/125

Kim Montgomery has been named Relationship Manager for EverBank Commercial Finance, Parsippany, New Jersey, Healthcare platform. She "... will be responsible for developing and maintaining industry relationships with a number of the company’s key healthcare imaging and Electronic Medical Records vendor partners."

She previously was Healthcare National Sales Manager, Capital Markets Group, US Bank (December, 2003-July, 2011), Director of Marketing, Manifest Funding Services (December, 1996-December, 1997), Senior Regional Sales Manager, Office Equipment Finance Services (March, 1994-December, 1996), Project Director, Winona Research (June, 1991-March, 1994). She has a BA, Business Marketing, Art History, Bethel University (1987-1991).
http://www.linkedin.com/pub/kim-montgomery/9/547/455

Donald A. Nunemaker promoted to President, Willis Lease Finance Corporation, Novato, California. He joined the company in July, 1997. He previously was Executive Vice President and General Manager. Previously he served as Chief Operating Officer until September of 2006, and prior to that as Chief Administrative Officer until March 2001. Mr. Nunemaker also served on our Board of Directors from June to November 2000. Mr. Nunemaker is responsible for managing our day-to-day operation and has been extensively involved in the equipment leasing industry since 1973. From 1995 to 1996, Mr. Nunemaker was President and CEO of LeasePartners, Inc., a leasing company based in Burlingame, California, which was acquired in 1996 by Newcourt Credit Group. From 1990 to 1994, Mr. Nunemaker was Executive Vice President of Concord Asset Management, Inc., an aircraft and computer leasing subsidiary of Concord Leasing, Inc., which was owned by the HSBC Group. Before joining Concord in 1990, Mr. Nunemaker was President and CEO of Banc One Leasing Corporation of New Jersey. Prior to that he spent thirteen years with Chase Manhattan Leasing Company in a variety of senior line and staff positions. Mr. Nunemaker has a Masters in Business Administration Degree from Indiana University.

Rick Shea was named President at Beacon Hill Funding, Melrose, Massachusetts. He previously was COO, Priority Capital (August, 1999-July, 2011), Title Examiner, Colby Welch & Associates (April, 1991-August, 1999). He graduated Melrose High School and University of Massachusetts at Lowell (1987-1991). He is a member of the National Association of Equipment Leasing Brokers.
http://www.linkedin.com/in/rickshea1


[headlines]
--------------------------------------------------------------

Top Stories---July 18--July 22


Here are the top ten stories opened by readers:

(1) 10,000 Leases since 4/10/2011-Date Factious Name Filing
caption from their web site: http://www.cobaltfunding.com/
http://leasingnews.org/archives/Jul2011/7_20.htm#name_filing

(2) A Case Against HL Leasing, Another Against Leasing Companies
http://leasingnews.org/archives/Jul2011/7_22.htm#hl_leasing

(3) Shawn Halladay Explains More on Ending of Leverage Leasing http://leasingnews.org/archives/Jul2011/7_18.htm#leverage

(4) Leasing 102 by Mr. Terry Winders, CLP
The 80% Useful life Rule
http://leasingnews.org/archives/Jul2011/7_18.htm#rule

(Tie) (5) Somehow I missed our “On Line” Anniversary
http://leasingnews.org/archives/Jul2011/7_18.htm#anniversary

(Tie) (5) Emily Fitzpatrick---Career Crossroad
http://leasingnews.org/archives/Jul2011/7_18.htm#crossroad

(6) John Otto—HL Leasing Trial Begins in Fresno, CA
http://www.fresnobee.com/2011/07/14/2465192/swindled-investors-fight-back.html

(7) Hermosa Beach Man Fails to Report $1 Million in Income
http://leasingnews.org/archives/Jul2011/7_22.htm#hermosa

(8) NorVergence’s Tom Salzano on Trial in Louisiana by Christopher Menkin
http://leasingnews.org/archives/Jul2011/7_22.htm#norvergence

(9) Bank of America's CEO Discusses Q2 2011 Results
http://seekingalpha.com/article/280317-bank-of-america-s-ceo-discusses-q2-2011-results-earnings-call-transcript

(10) Leading Small-Business Lenders in U.S.
http://www.leasingnews.org/PDF/LeadingSBABusinessLenders.pdf


[headlines]
--------------------------------------------------------------

Tacoma, Washington-- Adopt-a-Dog


MAX - ID#A451754

My name is MAX.
I am a neutered male, black Papillion mix.
The shelter staff thinks I am about 2 years old.
I have been at the shelter since Jul 12, 2011.

For more information about this animal, call:
Humane Society for Tacoma and Pierce County at (253) 383-2733
Ask for information about animal ID number A451754

To see other dogs, please go here:
http://thehumanesociety.org/pet_seekers_strays.php

Adopt-a-Pet by Leasing Co. State/City
http://www.leasingnews.org/Conscious-Top%20Stories/Adopt_Pet.htm

Adopt a Pet
http://www.adoptapet.com/

[headlines]
--------------------------------------------------------------

Special Edition: Superhero Movies

In honor of the first-rate “Captain America: The First Avenger” coming to theaters, we’ve put together a list of the best superhero movies out there. So see the new “Captain America” film on the big screen, and check out these other gems on Netflix.

Captain America: The First Avenger (Joe Johnston, 2011): Heroes are still being collected for the upcoming Avengers movie, so it’s time to get acquainted with the early days of the Marvel Comics universe in this snazzy, old-fashioned entertainment. Set during WWII, the plot centers on Steve Rogers (Chris Evans), a young man who’s refused entry to the military forces due to his physical weakness. Unwilling to take “no” for answer, he volunteers to a top-secret project that gives him inhuman strength. Adopting a new identity as Captain America and with the help of British agent Peggy Carter (Hayley Atwell), he sets out to protect his country from the sinister fiend known as Red Skull (Hugo Weaving). Done with muscular gusto by Joe Johnston (“The Rocketeer”), this is indeed a ripping yarn.

Superman (Richard Donner, 1978): “You’ll believe a man can fly,” read the original posters for this legendary crowd-pleaser, the still-stirring forerunner to today’s iron-jawed, flowing-caped heroes. The story starts as the planet Krypton is destroyed and its leader Jor-El (a brief, majestic cameo by Marlon Brando) sends his son to Earth, where he grows to be Clark Kent (Christopher Reeve). Able to fly through the skies and stop bullets, Kent lives a double life as a meek reporter at the Daily Planet newspaper and as Superman, the world’s fantastic protector. His identity, as well as the planet itself, comes under threat by a nefarious plan by criminal master Lex Luthor (Gene Hackman). Bursting with humor, action and famous characters (including Margot Kidder as Lois Lane), the film has lost none of its awesome charm.

Batman (Tim Burton, 1989): The superhero genre got a startling new look in this galvanizing megahit. The setting is Gotham City, a crime-ridden metropolis ruled ruthlessly by such corrupt masterminds as Carl Grissom (Jack Palance). The city’s sole vigilante is a mysterious figure known as Batman, who in reality is the avenging persona of millionaire Bruce Wayne (Michael Keaton). Using a full arsenal of gadgets to face down his foes, Batman nevertheless faces his greatest challenge as the Joker (Jack Nicholson, in an unforgettable performance) puts his evil plans into action. Director Tim Burton creates a dazzling blockbuster that offers audiences an endless supply of excitement and dark humor without sacrificing his one-of-a-kind style. The sequels may have stolen much of its thunder, but the first “Batman” retains its power.

Spider Man (Sam Raimi, 2002): Though best known for such over-the-top horror movies as “The Evil Dead,” director Sam Raimi displays a surprisingly light and sweet touch in this very enjoyable big-screen version of Stan Lee’s comic-book hero Peter Parker. A timid high-school student who develops strange powers after being bitten by a genetically modified spider, Peter (Tobey Maguire) finds himself suddenly climbing building walls and shooting webs out of his fingertips. Can he master those powers in time to do battle against the evil Green Goblin (Willem Dafoe) and romance the girl of his dreams, Mary Jane (Kirsten Dunst)? A rare box-office smash that’s gives the feeling of orchestrating its exhilarating CGI stunts with movie-buff love, this is a superhero blockbuster with genuine heart.

Iron Man (Jon Favreau, 2008): In a time filled with superhero movies straining to be “dark” and “meaningful,” this big-screen version of the Marvel Comics tin-man comes as a pleasant surprise, with flashes of breezy humor mixed with the metal-pounding action. Much of the credit goes to Robert Downey, Jr., who, playing playboy-industrialist-turned-flying-crusader Tony Stark, displays a master’s sense of eccentric irony even when covered with chunks of iron. Best known for his acting role in the comedy “Swingers,” director Jon Favreau shows a deft touch with both explosions and romance, and the unusually good cast includes Gwyneth Paltrow as Stark’s loyal assistant Pepper, Jeff Bridges as his nemesis Obadiah, and Terrence Howard as his military pal Rhodes. Make sure you comic-book aficionados stay until the end of the credits for a surprise cameo.


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News Briefs----

Asian stock markets sink over US debt fears
http://news.yahoo.com/asian-stock-markets-sink-over-us-debt-fears-032429223.html

Treasury to Weigh Which Bills to Pay
http://www.nytimes.com/2011/07/28/business/economy/treasury-to-weigh-which-bills-to-pay.html?_r=1&ref=business

Are We Any Closer to a Hertz and Dollar Thrifty Merger?
http://www.businessfleet.com/Blog/Auto-Focus/Story/2011/07/Are-We-Any-Closer-to-a-Hertz-and-Dollar-Thrifty-Merger.aspx

3700 Post Offices to Close--by State/Location
3,000 postmaster/500 station managers, up to 1,000 postal clerks
http://about.usps.com/news/electronic-press-kits/expandedaccess/statelist.htm

Alex Trebek injured chasing burglary suspect in SF Hotel
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/07/27/BAAL1KFTJ1.DTL


 



You May Have Missed---

Who owns America? Hint: It's not China
http://globalpublicsquare.blogs.cnn.com/2011/07/21/who-owns-america-hint-its-not-china/

 



Sports Briefs----

Seahawks will not re-sign Matt Hasselbeck
http://seattletimes.nwsource.com/html/seahawks/2015733431_hawk27.html

Jerry Jones on Cowboys and Romo, too
http://cowboysblog.dallasnews.com/archives/2011/07/get-live-updates-here-form-cow.html

 



California Nuts Briefs---

California gets $5.4 billion bank loan to bypass U.S. debt drama
http://latimesblogs.latimes.com/money_co/2011/07/california-bank-loan-lockyer-revenue-notes-cash-debt-ceiling.html

 

 



“Gimme that Wine”


A bottle of 1811 Chateau d’Yquem has sold for $117,000, setting a new record as the most expensive white wine to ever be purchased. Christian Vanneque—who runs Sip Wine Bar in Bali—bought the wine from the Antique Wine Co. Vanneque told the Wall Street Journal that he wants to use the wine as a promotional tool at his new Sip Sunset Grill, set to open August 1st, where he will put it on display. He confirmed to the WSJ that he has no plans to ever sell it. He does plan to drink the wine in 2017 at Paris restaurant La Tour d’Argent in celebration of the 50th anniversary of his career. The previous record for most expensive white wine was held by one from the same collection—a 1787 Chateau d’Yquem that sold for $100,000.

Industry Gathers to Honor Jim Concannon on the 50th Anniversary of America's First Petite Sirah
http://www.prnewswire.com/news-releases/industry-gathers-to-honor-jim-concannon-on-the-50th-anniversary-of-americas-first-petite-sirah-126208033.html

New York's wine industry is growing, but faces challenges
http://www.democratandchronicle.com/article/20110726/NEWS01/107260335/New-York-s-wine-industry-growing-faces-challenges?odyssey=tab|topnews|text|News

The Future of Washington State Wine
http://www2.scnow.com/lifestyles/pee-dee/2011/jul/27/column-future-american-wine-washington-state-ar-2190296/

California wine grape growers hope good times continue
http://westernfarmpress.com/blog/california-wine-grape-growers-hope-good-tim


Free Mobile Wine Program
http://leasingnews.org/archives/Feb2010/2_26.htm#mobile

Wine Prices by vintage
http://www.winezap.com
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US/International Wine Events
http://www.localwineevents.com/

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This Day in American History

       1746-Thomas Heyward birthday, American Revolutionary soldier, signer of the Declaration of Independence. Died Mar 6, 1809.
http://virtualology.com/thomasheyward.com/
http://www.colonialhall.com/heyward/heyward.asp
    1777-Vermont enacted the first universal voting rights to freemen without restriction as to property or wealth. The state constitution adopted at a general convention at Windsor, VT., permitted all freemen who were natural-born citizens over 21 years of age to elect officers and to be elected to office.
    1841- Forces from the national bank movement received a glimmer of hope as the Senate narrowly passed the Fiscal Bank Bill. An initiative of the embattled Whig party, this bill called for the creation of the Fiscal Bank of the United States, a federal financial institution to be located in the District of Columbia. The bank's starchy name barely disguised the ideological intent of its inventors: the Whigs sought nothing less than the revival of the Second Bank of the United States, the ill-fated institution that Andrew Jackson had putatively killed in the name of states' rights earlier in the 1830s. The bill to establish a Fiscal Bank of the U.S. was introduced in the Senate, an approved this day by the Senate and the House, August 6. For a brief spell during the summer of 1841, it looked as though the Whigs would have their day; however, despite the Fiscal Bank Bill passing through the House in early August, the legislation--and its Whig advocates--was doomed to failure. On August 16, President John Tyler, a staunch state supporter, announced that he was vetoing the bill. The legislation bounced back to the Senate, but the Whigs failed to marshal sufficient support to override Tyler's veto.
The Whig leadership was enraged by Tyler’s veto. They believed Tyler had agreed to sign the bill and that he had reneged on a promise
    1819 - A small but intense hurricane passed over Bay Saint Louis, MS. The hurricane was considered the worst in fifty years. Few houses were left standing either at Bay Saint Louis or at Pass Christian, and much of the Mississippi coast was desolate following the storm. A U.S. cutter was lost along with its thirty-nine crew members. The storm struck the same area that was hit 150 years later by Hurricane Camille.
    1858-Four British and American ships spliced a telegraph cable together on this day in 1858, then set sail for home the following day. The cable was laid out until the ships reached Ireland and Newfoundland. The cable, which stretched more than 1,950 miles and was laid as deep as two miles under the ocean in some places, established transatlantic telegraph communication, and an initial message was exchanged by President James Buchanan and Queen Victoria in August. However, the cable's weak signal was insufficient for regular communication and service ended on September 1.
    1864-Confederates under General John Bell Hood make a third attempt to break General William T. Sherman's hold on Atlanta. Like the first two, this attack failed, destroying the Confederate Army of Tennessee's offensive capabilities. Hood had replaced Joseph Johnston as commander of the Army of Tennessee on July 18, 1864, because Johnston had failed to keep Sherman away from Atlanta. Upon assuming command of the army, Hood quickly scrapped Johnston's defensive strategy and attacked Sherman, first on July 20 at Peachtree Creek, and then on July 22 at the Battle of Atlanta. Both failed, but that did not deter Hood from making another attempt to break the Union hold on the important Southern city. When Sherman sent General Oliver O. Howard southeast of Atlanta to cut the Macon and Western Railroad, one of the remaining supply lines, Hood sent Stephen D. Lee's corps to block the move. Lee attacked at Ezra Church, but the battle did not go as planned for the Confederates. Instead of striking the Union flank, Lee's corps hit the Union center, where the Yankee troops were positioned behind barricades made from logs and pews taken from the church. Throughout the afternoon, Lee made several attacks on the Union lines. Each was turned back, and Lee was not able to get around the Union flank. The battle was costly for an army that was already outnumbered. Lee lost 3,000 men to the Union's 630. More important, Hood lost his offensive capability. For the next month, he could do no more than sit in trenches around Atlanta and wait for Sherman to deal him the knockout blow.
http://www.civilwarlandscapes.org/cwla/states/ga/ez/ez.htm
    1868-14th amendment ratified, former slaves become United States citizens.
Having been ratified by the required two-thirds of the states, the 14th Amendment is added to the US Constitution. The amendment extends citizenship to “all persons born or naturalized in the United States’ including former slaves recently emancipated by the 13th Amendment. It also ensures that not state shall “deprive any person of life, liberty, or property, without due process of law; nor deny to any person within its jurisdiction the equal protection of the laws.”
http://memory.loc.gov/ammem/today/jul28.html
    1868 - Pres. Johnson signed the Burlingame Treaty. It was negotiated by Anson Burlingame, who represented the interests of China, and committed the US to a policy of noninterference in Chinese affairs. It also established commercial ties and provided unrestricted immigration of Chinese to the US.
    1896 - The city of Miami, Fla., was incorporated.
    1900 -- Louis Lassen of Louis' Lunch in New Haven, Conn., reportedly created the hamburger sandwich when he tossed a grilled beef patty between two slices of white bread for a customer in a hurry.
http://www.npr.org/programs/morning/features/patc/hamburger/
http://whatscookingamerica.net/History/HamburgerHistory.htm
    1901-Birthday of Rudy Valle. American singer, saxophone player and radio idol of millions during the 1930s. Born Hubert Prior Vallee, at Island Pond, VT, the crooner used a megaphone to amplify his voice and introduced his performances with the salutation, "Heigh-ho-everybody!" Vallee appeared in a number of movies, including How to Succeed in Business Without Really Trying. Among his best-remembered songs are "I'm Just a Vagabond Lover," "Cheerful Little Earful," "Say It Isn't So" and his signature song, "My Time Is Your Time." Vallee died at age 84 at North Hollywood, CA, July 3, 1986. 1891-Birthday of blues singer Mary McBride, Algiers, LA
    1903-The Saint Luke Penny Savings Bank, Richmond, VA, was founded by the first bank president who was a woman, Maggie Lena Walker, the daughter of an African-American salve. It had a paid-in capital of $25,000. The first day’s deposits exceeded $8,000. the bank later became the Consolidated Bank and Trust Company. She died December 15, 1934.
http://www.distinguishedwomen.com/biographies/walker-ml.html
http://www.search.eb.com/women/articles/Walker_Maggie_Lena.html
http://www.nps.gov/malw/details.htm
    1904-brithday of Ikey Banjo” Robinson, Dublin VA. Died Oct 25, 1990
http://www.jazzbanjo.com/jbartist/artists/bikey.htm 
http://www.redhotjazz.com/ikeywc5.html
http://www.rainerjazz.com/Interpreten/Robinson_I_003.htm
http://www.venerablemusic.com/JazzN-ZRecordPages/DOCU_1508.htm
    1914-World War I beings. Archduke Francis Ferdinand of Austria-Hungary and his wife were assassinated at Sarajevo, Bosnia, by a Serbian nationalist June 28, 1914, touching off the conflict that became WWI. Austria-Hungary declared war on Serbia July 28, the formal beginning of the war. Within weeks, Germany entered the war on the side of Austria-Hungary and Russia, France and Great Britain on the side of Serbia.
    1915 - US forces invaded Haiti and stayed until 1924.
    1907- Birthday of Leon Prima trumpet New Orleans LA, died 1985.
older brother of Louis Prima was also a trumpeter & band leader; Leon ran several Bourbon Street night spots, including the Shim Sham Club (229 Bourbon) and the 500 Club (whose house band was led by Sam Butera - before Sam headed to Las Vegas to join Louis Prima's band in 1954) http://www.lib.umd.edu/LAB/JERRYLEE/bands/fi/00000032.html
    1918-MANNING, SIDNEY E. Medal of Honor
Rank and organization: Corporal, U.S. Army Company G, 167th Infantry, 42d Division. Place and date: Near Breuvannes, France, 28 July 1918. Entering service at: Flomaton, Ala. Born: 17 July 1892, Butler County, Ala. G.O. No.: 44, W.D., 1919. Citation: When his platoon commander and platoon sergeant had both become casualties soon after the beginning of an assault on strongly fortified heights overlooking the Ourcq River, Cpl. Manning took command of his platoon, which was near the center of the attacking line. Though himself severely wounded he led forward the 35 men remaining in the platoon and finally succeeded in gaining a foothold on the enemy's position, during which time he had received more wounds and all but 7 of his men had fallen. Directing the consolidation of the position, he held off a large body of the enemy only 50 yards away by fire from his automatic rifle. He declined to take cover until his line had been entirely consolidated with the line of the platoon on the front when he dragged himself to shelter, suffering from 9 wounds in all parts of the body. 
    1924-Birthday of tenor sax player Corky Corcoran, Tacoma, WA Died October 3, 1979.
http://shopping.yahoo.com/shop?d=product&id=1927148788
http://www.thejukejoint.com/corkycorcoran.html
http://www.classicjazzguitar.com/albums/artist_album.jsp?album=897
    1929-birthday of Jacqueline Bouvier Kennedy Onassis. She studied at Vassar, the Sorbonne, and George Washington University before marrying John Kennedy.
She was basically a shy and retiring person who was hounded by the paparazzi. She was particularly admired for her dignified elegance and cool composure after the assassination (Nov. 22, 1963) of her husband President John F. Kennedy.
She is buried next to JFK and her first son at Arlington cemetery. She became a working editor for a major publishing company and raised her two Kennedy children away from the public eye and away from scandal. 
(lower half of: http://memory.loc.gov/ammem/today/jul28.html )
    1930 -114ø F (46ø C), Greensburg, Kentucky (state record)
    1931-Congress makes "The Star-Spangled Banner" our 2nd national anthem
http://lcweb.loc.gov/exhibits/treasures/trm065.html
    1932- Some 15,000 unemployed veterans of World War I marched on Washington, DC, in the summer of 1932, demanding payment of a war bonus. After two months' encampment in Washington's Anacostia Flats, eviction of the bonus marchers by the US Army was ordered by President Herbert Hoover. Under the leadership of General Douglas MacArthur, Major Dwight D. Eisenhower and Major George S. Patton, Jr (among others), cavalry, tanks and infantry attacked. Fixed bayonets, tear gas and the burning of the veterans' tents hastened the end of the confrontation. One death was reported.
    1933- The first singing telegram, said to have been delivered to singer Rudy Vallee on his 32nd birthday. Early singing telegrams often were delivered in person by uniformed messengers on bicycle. Later they were usually sung over the telephone.
    1934- 118ø F (48ø C), Orofino, Idaho (state record)
    1936-Birthday of bassist Jim Hughart Minneapolis MN
http://www.jazzography.com/gallery/Jimmy_Hughart.html
http://rewards.artistdirect.com/music/artist/card/0,,446232,00.html
    1938 -For the second consecutive day, Hank Greenberg hits two homers in one day. The Tiger first baseman will hit two home runs in the same game a record setting eleven times during the season.
    1939 - Accompanied by the Victor Young Orchestra, Judy Garland sang one of the most famous songs of the 20th century. The song "Over the Rainbow," recorded for Decca Records, became Garland's signature tune and will forever be linked with the singing actress. For those who don't know, "Rainbow" was featured as the musical highlight of the hit movie, "The Wizard of Oz". 
    1941 - Judy Garland, 19, married composer David Rose, 31, in Las Vegas on this date. It was Garland's first marriage.
    1943-Birthday of William Warren “Bill” Bradley, former US senator , presidential candidate, and Basketball Hall of Fame forward, born Crystal City, MO.
    1943---MORGAN, JOHN C. (Air Mission) Medal of Honor
Rank and organization: Second Lieutenant, U.S. Army Air Corps, 326th Bomber Squadron, 92d Bomber Group. Place and date: Over Europe, 28 July 1943. Entered service at: London, England. Born: 24 August 1914, Vernon, Tex. G.O. No.: 85, 17 December 1943. Citation: For conspicuous gallantry and intrepidity above and beyond the call of duty, while participating on a bombing mission over enemy-occupied continental Europe, 28 July 1943. Prior to reaching the German coast on the way to the target, the B17 airplane in which 2d Lt. Morgan was serving as copilot was attacked by a large force of enemy fighters, during which the oxygen system to the tail, waist, and radio gun positions was knocked out. A frontal attack placed a cannon shell through the windshield, totally shattering it, and the pilot's skull was split open by a .303 caliber shell, leaving him in a crazed condition. The pilot fell over the steering wheel, tightly clamping his arms around it. 2d Lt. Morgan at once grasped the controls from his side and, by sheer strength, pulled the airplane back into formation despite the frantic struggles of the semiconscious pilot. The interphone had been destroyed, rendering it impossible to call for help. At this time the top turret gunner fell to the floor and down through the hatch with his arm shot off at the shoulder and a gaping wound in his side. The waist, tail, and radio gunners had lost consciousness from lack of oxygen and, hearing no fire from their guns, the copilot believed they had bailed out. The wounded pilot still offered desperate resistance in his crazed attempts to fly the airplane. There remained the prospect of flying to and over the target and back to a friendly base wholly unassisted. In the face of this desperate situation, 2d Lt. Officer Morgan made his decision to continue the flight and protect any members of the crew who might still be in the ship and for 2 hours he flew in formation with one hand at the controls and the other holding off the struggling pilot before the navigator entered the steering compartment and relieved the situation. The miraculous and heroic performance of 2d Lt. Morgan on this occasion resulted in the successful completion of a vital bombing mission and the safe return of his airplane and crew.
    1945---Top Hits
The More I See You - Dick Haymes
Dream - The Pied Pipers
Sentimental Journey - The Les Brown Orchestra (vocal: Doris Day)
Oklahoma Hills - Jack Guthrie
    1949-Birthday of Vida Rochell Blue, former baseball player, born Mansfield, LA.
    1951-“Sammy Kaye” television show premiers. CBS's musical program hosted by bandleader Sammy Kaye swayed audiences to swinging tunes on Saturday nights. 
    1951- Rosemary Clooney's "Come On-A My House" hits #1
    1953---Top Hits
Song from Moulin Rouge - The Percy Faith Orchestra
April in Portugal - The Les Baxter Orchestra
I’m Walking Behind You - Eddie Fisher
It’s Been So Long - Webb Pierce
    1954 - "Billboard's" top spot on the pop singles chart went to The Crew Cuts with "Sh-Boom." The song was a cover of a rhythm and blues recording by The Chords, it would stay at the #1 spot for seven weeks. Many people consider this song to be the first rock ’n’ roll record. It wasn’t the first ... rock and roll had made it to the music scene long before this. In fact, The Boswell Sisters recorded a song titled, "Rock and Roll" in 1934. However, "Sh-Boom" was the first rock ’n’ roll record to make it to the top of the pop charts. (The Chords’ version became the first rock-related hit in Great Britain.) Purists consider "Rock Around the Clock" to be the first, true #1 rock ’n’ roll hit. However, it didn’t hit the top of the charts until one year after "Sh-Boom".
    1954 - Walt Disney's Alice in Wonderland was released in theaters. The animated film took five years to complete at an estimated cost of $3 million (1951). Elia Kazan's powerful film, On the Waterfront, starring Marlon Brando, premiered in New York. It later won Oscars for Best Picture, Best Director, and Best Actor.
    1956- Elvis Presley's "I Want You, I Need You, I Love You" hits #1
    1957- Jerry Lee Lewis makes his television debut on "The Steve Allen Show." Lewis is booked for two more appearances.
    1958 - Three years after "Cherry Pink and Apple Blossom White" reached #1, Cuban- born bandleader Perez Prado was again at #1 with "Patricia". Because of his Latin inspired instrumentals, Prado was known as the Mambo King.
    1961---Top Hits
Tossin’ and Turnin’ - Bobby Lewis
The Boll Weevil Song - Brook Benton
Yellow Bird - Arthur Lyman Group
Heartbreak U.S.A. - Kitty Wells
    1961-The Tokens record "The Lion Sleeps Tonight", which will reach the US Pop chart in November and climb to number one by Christmas. The song was originally a hit in South Africa in 1939 for its writer, Solomon Linda, under its original title "Mbube" (pronounced EEM-boo-beh) which means "Lion".
    1962- Tommy Roe's "Sheila" enters the Hot 100 at #93. It will top the charts by September 1.
    1964-Spacestone Ranger photo’s from the moon. Unmanned moon probe transmitted back to Earth 4,308 close-up photographs of moon.
    1965 - President Lyndon B. Johnson announces that he has ordered an increase in U.S. military forces in Vietnam, from the present 75,000 to 125,000. Johnson also said that he would order additional increases if necessary. He pointed out that to fill the increase in military manpower needs, the monthly draft calls would be raised from 17,000 to 35,000.
    1968--*CARON, WAYNE MAURICE Medal of Honor
Rank and organization: Hospital Corpsman Third Class, U.S. Navy, Headquarters and Service Company, 3d Battalion, 7th Marines, 1st Marine Division (Rein), FMF. Place and date: Quang Nam Province, Republic of Vietnam, 28 July 1968. Entered service at: Boston, Mass. Born: 2 November 1946, Middleboro, Mass. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty while serving as platoon corpsman with Company K, during combat operations against enemy forces. While on a sweep through an open rice field HC3c. Caron's unit started receiving enemy small arms fire. Upon seeing 2 marine casualties fall, he immediately ran forward to render first aid, but found that they were dead. At this time, the platoon was taken under intense small-arms and automatic weapons fire, sustaining additional casualties. As he moved to the aid of his wounded comrades, HC3c. Caron was hit in the arm by enemy fire. Although knocked to the ground, he regained his feet and continued to the injured marines. He rendered medical assistance to the first marine he reached, who was grievously wounded, and undoubtedly was instrumental in saving the man's life. HC3c. Caron then ran toward the second wounded marine, but was again hit by enemy fire, this time in the leg. Nonetheless, he crawled the remaining distance and provided medical aid for this severely wounded man. HC3c. Caron started to make his way to yet another injured comrade, when he was again struck by enemy small-arms fire. Courageously and with unbelievable determination, HC3c. Caron continued his attempt to reach the third marine until he was killed by an enemy rocket round. His inspiring valor, steadfast determination and selfless dedication in the face of extreme danger, sustain and enhance the finest traditions of the U.S. Naval Service.
    1968-Elvis Presley's "I Want You, I Need You, I Love You" became the number one song in the US. On the way to the recording session the previous April, an already nervous Elvis had his fear of flying re-enforced when one of the engines of his chartered plane cut out and the crew was forced to make an emergency landing on a small, deserted runway.
    1969---Top Hits
In the Year 2525 - Zager & Evans
Crystal Blue Persuasion - Tommy James & The Shondells
My Cherie Amour - Stevie Wonder
Johnny B. Goode - Buck Owens
    1972-Spacelab 3. Alan L. Bean, Owen K. Garriott and Jack R. Lousma started 59-day mission in the space station to test man's space flight endurance. Pacific splashdown Sept 25. 
    1973 - Exactly one year after their first date, television’s "Six Million Dollar Man", Lee Majors, married "Charlie’s Angels", Farrah Fawcett. On the campus of the University of Texas, newly Farrah Fawcett-Majors was deemed one of the 10 most beautiful. Farrah and Majors are no longer married.
    1973-One of the largest rock festivals of all time is held at the Watkins Glen raceway. More than 600,000 show up for one day of music with the Grateful Dead, the Band and the Allman Brothers.
    1976- Steve Miller Band's "Fly Like an Eagle" goes gold, on its way to platinum. The album features huge hits as the title track (which makes it to number two), "Rock'n Me" (goes number one later in the year), "Jet Airliner" (#8 in 1977) and "Take the Money and Run" (#11 this month).
    1977---Top Hits
Looks like We Made It - Barry Manilow
I Just Want to Be Your Everything - Andy Gibb
I’m in You - Peter Frampton
It was Almost like a Song - Ronnie Milsap
    1979- Cubs' slugger Dave Kingman becomes the sixth player in major league history to hit three home runs in one game twice in one season. The Mets win the game, 6-4.
    1984 - In Southern California, the 23rd Summer Olympic Games opened at the Los Angeles Coliseum. The head of the United States Olympic Committee, Peter V. Uberroth, welcomed 7,800 athletes from 140 nations in 3-1/2 hour long opening ceremonies.
    1984- Pete Rose passes Ty Cobb as the all-time single leader as he collects his 3,053rd off Steve Carlton in a 6-1 Expo victory over the Phillies.
    1985---Top Hits
Everytime You Go Away - Paul Young
Shout - Tears For Fears
You Give Good Love - Whitney Houston
Love Don’t Care (Whose Heart It Breaks) - Earl Thomas Conley
    1988 - Thunderstorms drenched Wilmington, NC, with 3.33 inches of rain, bringing their monthly total 14.46 inches. Seven cities in Michigan and Minnesota reported record high temperatures for the date. Marquette, MI, hit 99 degrees, and the record high of 94 degrees at Flint MI was their tenth of the month
    1991-Dennis Martinez of the Montreal Expos pitched a perfect game, defeating the Los Angeles Dodgers,2-0, in Dodgers Stadium.
    1994 - Coincidences abounded in major league baseball. Kenny Rogers tossed major league's 14th perfect game in history on what was three years to the day since the previous time this same event happened. This time it was in an American League game where Texas beat California, 4-0. Ten years before on September 30, 1984, the same two teams played when the 11th perfect game was pitched. Mike Witt was the pitcher and the winning team was reversed. 
    1996 - A pipe bomb hidden in a backpack exploded during evening festivities at the Centennial Olympic Park in Atlanta, Georgia, killing 2 people and injuring more than 100. The explosion occurred around 1:00 a.m., which doubtlessly prevented more Olympic visitors from being killed or injured. The F.B.I. was investigating leads. 
    1998- Sammy Sosa hits his first career grand slam establishing the mark for most career homers before hitting a grand slam (246).
    1998 - Monument Records released the Dixie Chicks' country single "Wide Open Spaces".
    1999- Pete Townshend plays at the Supper Club in New York to showcase his upcoming album, Pete Townshend Live: A Benefit For Maryville Academy. Pearl Jam's Eddie Vedder joins Townshend on stage to perform a number of songs including "Magic Bus," "Heart To Hang Onto" and the Pearl Jam classic, "Better Man."
    2000- Toronto skipper Jim Fregosi wins his 1,000th game as a big league manager as the Blue Jays beat the
Mariners, 7-2.
    2002-- During his induction speech at the Hall of Fame ceremonies in Cooperstown, with the song Somewhere Over the Rainbow playing in the background and a copy of 'The Wizard of Oz' in his hands, Ozzie Smith compares his baseball career to Dorothy's away trip from Kansas. Citing the recipe for his success during his 19-year career with Cardinals and Padres, the 47-year-old tells the crowd he had the mind to dream, which the Scarecrow cherished, a heart to believe, which the Tin Man wanted, and courage, which the Lion lacked, in order to persevere.

 

[headlines]

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SuDoku

The object is to insert the numbers in the boxes to satisfy only one condition: each row, column and 3x3 box must contain the digits 1 through 9 exactly once. What could be simpler?

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

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Daily Puzzle

How to play:
http://www.setgame.com/set/puzzle_frame.htm

Refresh for current date:
http://www.setgame.com/set/puzzle_frame.htm

[headlines]

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http://www.gasbuddy.com/GB_Map_Gas_Prices.aspx
http://www.gasbuddy.com/GB_Mobile_Instructions.aspx

[headlines]

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Weather

See USA map, click to specific area, no commercials

http://www.weather.gov/

[headlines]

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Traffic Live---

Real Time Traffic Information

You can save up to 20 different routes and check them out with one click,
or type in a new route to learn the traffic live

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[headlines]

Independent, unbiased and fair news about the Leasing Industry.

 

Ten Top Stories each week chosen by readers (click here)

 

Features


Adopt a Pet
Bank Beat
Cartoons
Charlie Chan sayings
Computer Tips
Employment Web Sites
Fernando's Review
From the Desk of Michael Witt, Esq.
Leasing 102
Online Newspapers
Placards
Sales Make it Happen
The Secret of Our Success
To Tell the Truth
View from the Top
 

Editorials (click here)


Top Stories

(chronological order)

- John Otto—HL Leasing Trial Begins in Fresno, CA
- CaringBridge Connections
- Add Wisconsin to Notification Requirement Evergreen
- California Licenses and Checking Them
- Five Point Capital, San Diego, California
   Bulletin Board Complaint
- Hospital Report with CaringBridge Connection
- Automatic Renewals: The States Respond
  by Barry Marks, Esq.
- C&J Leasing Convicted $8 million Lease Discount Scheme
  Day Trading Lead to his Demise
- Ralph Petta, ELFA, Says Menkin doesn't speak the truth
-
QuikTrak and others now being sued
- ACC Capital in Outer Space
- Galloway and Shivers to Influence the Small Ticket Marketplace
- "Vendor Verification" hits Pay dirt on First Inspection
- Balboa Capital : Court Bypasses Lessor's Forum Clause
   as a Result of Forgery
- Unlicensed Lender & Securitization Partners get tagged for Usury
- Steve Reid, CLP, Joins Commerce National Bank
- Analysis of the Top Leasing Web Sites
- John Boettigheimer-The North Open Men's Soccer Championship
- Direct Capital Releases FinanceQuote App to Simplify Vendor Finance
- Caution! Look Out for Vendors!
- Royal Links Appeal Rules Back to Trial
   by Tom McCurnin
- More Top Leasing Web Sites
- Top Ten Cities with the Highest Credit Scores
- OneSource Develops Business License Software
- Jeffrey Taylor in Hospital
- Get Linked In---
   by Christopher Menkin, Publisher
- The Main Reason to Lease
- The Strange Case of Sheldon Player
- Marlin Profit Down due to hiring more sale personnel
- Five Point Capital, San Diego, California
  Bulletin Board Complaint
- Goodbye LEAF Financial by Christopher Menkin
- Shivers Secures $25 Million Line with Wells
- Newcourt’s Hudson Controversial Move Back into Leasing
- Franchise Industry Report by Bob Rodi, CLP
- Talk About Chutzpa, Fanghella has more than Trump
- U.S. Bancorp Sunny Days
- Leasing Association Membership Confirms Changing Industry
  by Christopher Menkin
- Bank of the West moving more workers to Bishop Ranch
- Key Bank and Leasing---The Numbers
- Leasing Icon Robert Krause Retires
- Allied Health Care Services Charles K. Schwartz Pleads Guilty
- US Bank Manifest More Cut Offs
- ZRG Leasing Index Posts 33% Increase in Q1
- BBB: Rating Leasing Companies
- Despite Marketplace Losses, Pawnee Year-End $12.4MM Profit
- State of the Leasing Industry
   by Christopher Menkin
- Richest Man in Leasing: Steven Udvar-Hazay
- Lease Company vs. Commercial Equipment Finance Company?
- Leasing Gypsies Strike Again in Southern California
  Bulletin Board Complaint
- High Risk Lenders Use Native American tribes by Jeffrey Taylor
- Snowflake Financial---A new angle
  Bulletin Board Complaint
- From Zero to over $450 Million in One Year
- License Up-Date for Leasing in United States
- Loan/Lease Statute Up-Date
- Church Kiosk Fray---Comes back to bite Balboa on the...
- Tyco Kozlowski Mansion Sold to Direct Capital CEO & Wife
- Business Leasing Northwest, Seattle, Washington
   Bulletin Board Complaint
- Brican America---Update
- Bulletin Board Complaint---ACC Capital
- Leasing Brings Resource America to a serious loss by Christopher Menkin
- Six Years to Name Final Royal Links Scam Principal
- Vaughn Indicted for defrauding banks, leasing companies
- Wildwood employees get prison for Leasing Ponzi scheme
- Operation Lease Fleece---2011 Update
- IFC Credit Corporation BK—Up-date
- De Lage Landen: A Teachable Moment by Bernie Boettingheimer, CLP
- Leasing News Position on Evergreen and Winter Green Leases
- I should have called Lease Police!
   by Christopher Menkin
- PinnFund/PinnLeasing Michael Fanghella Out of Jail Seeks $150,000 Job
- Three Class Action Suits re: Brican America
- Verifying Tax Returns
- NorVergence---still going
- Starting a Leasing Company-Four Parts
   by Mr. Terry Winders, CLP
- Free Mobile Wine Program
- Special Report: Part I
   Could Church Kiosks, Royal Link Carts, NorVergence results been avoided?

   The use of “Equipment Finance Agreements”
- Special Report: Part II
    Bank of the West

   Equipment Lease Agreement (EFA)
- California License Web Addresses