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kitmenkin@leasingnews.org
   


Exp. only, 1 Southeast, 1 West Coast
Looking to Expand Your Career
Base Salary & Commission
resumes to : dmitchem@ifsc.com

www.ifsc.com
Stable, profitable independent lessor, 30 years in business,
Chicago suburbs


Wednesday, July 25, 2012



Today's Equipment Leasing Headlines

Archives---July 25, 2000
  ---Equilease Goes On Line with "Free Decision" for Brokers
   Cartoon—Dip in Sales
    Classified Ads---Senior Management
DePaolo Announces $45.3MM 2nd Q Net Income
  --Salutes Signature Finance
   Classified Ads---Help Wanted
                                       Lesley Sterling Recognized for 30 Years of Service
                            ELFA Vice President of Business and Professional Development
  Lessor Escapes NY Evergreen Clause Class Action
   by Tom McCurnin, Esq.
      Companies who notify lessee in advance of lease expiration
       and require their discounter to also notify lessee in advance
   Bank Sales:
    Volume picks up, targeting small banks
Why I Became a CLP
 Mary Armstrong, CLP, Broker Relations Mgr., FinPac
  2012 Cindy Spurdle Award of Excellence
    GSG Leasing Announces Creation GSG Energy Finance Division
      The 10 Cheapest Tickets in Baseball
      24/7WallstWire
         Two Purebred Black Labs
         South Norwalk, Connecticut
          Classified ads—Asset Management
News Briefs---
 Bank of Hawaii 2Q net income rose 16 pct
  Synovus profitable, but TARP repayment still to come
    How Apple's phantom taxes hide billions in profit
     Apple sags as consumers buy cheaper iPhones
      Sherman Hemsley of 'The Jeffersons' dies at 74
        Former astronaut Sally Ride chose privacy over gay causes

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

  You May have Missed---
   SparkPeople--Live Healthier and Longer
    Sports Briefs---
     Baseball Poem
      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.


Please send Leasing News and ask them to subscribe. We are free! Send email to kitmenkin@leasingnews.org and put in subject line: subscribe

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Archives---July 25, 2000
Equilease Goes On Line with "Free Decision" for Brokers

(It appears there is neither freedecision.com web site nor information about the company on the web. One of the thirty or more aggregate funders who thought a "on line" software program would create more sales for brokers, vendors, and of course, the leasing company. We automated the process.

(There are companies who still believe with a “neat” technology program to keep vendors and brokers informed, they can create a lot of business. As you can see by this story, it is at least a 12 year old idea, but there are those who send out their press release with bragging they are “state of the art” and promise the most, almost as if they believe it. Editor)


NEW YORK--(BUSINESS WIRE)--July 25, 2000--

Equilease Will Join the FreeDecision Network, As Well as Provide Their Independent Brokers With the FreeDecision Instant Financing Solution FreeDecision, Inc. today announced it entered into an agreement with Equilease Financial Services. Equilease will join the network of online merchants, e-commerce web sites and financial institutions that use the FreeDecision Instant Financing Solution, a Web-based application that provides financing decisions in real time. Equilease will use the Solution to originate leases at the Internet point of sale and automate application acceptance from its independent brokers.

Joining the FreeDecision Network will put Equilease in front of customers who may not have previously considered using a financing option for their purchase, enabling them to acquire new customers and create incremental revenue opportunities. Furthermore, FreeDecision will help Equilease expand distribution of their financial products and streamline current business processes.

In addition, the Equilease independent broker network will be able to access the Instant Financing Solution via the Internet. The Solution is integrated with major consumer and small business credit reporting agencies and returns a decision on an application, using Equilease's credit criteria, in less than 30 seconds. The ability to give brokers an instant decision on a customer's lease application in seconds is a competitive advantage for Equilease over other equipment finance companies that make decisions manually. Additionally, since Equilease and its brokers are able to communicate electronically, the current telephone and paper intensive process will be eliminated.

For over forty years Equilease has worked with third party lease originators, equipment manufacturers, suppliers and brokers offering a wide range of lease programs to a diverse market. "The ability to return decisions and track applications in real-time will have a positive impact on broker satisfaction," said Greg Minsky, Director of E-Commerce Initiatives at Equilease.

"We are confident that by continuing to provide brokers with best-in-class service, as well as by joining the FreeDecision Network, we will significantly increase our financing of capital assets."

"Our partnership with Equilease is a testament to their desire to provide innovative solutions to their brokers, in addition to taking advantage of new distribution channels," remarked Mitchell Silverman, President and CEO of FreeDecision. "We are confident that the FreeDecision Instant Financing Solution will strengthen the leadership position of Equilease in the leasing market."

About FreeDecision.com
FreeDecision, Inc. is a Silicon Alley-based company that brings instant financing to the point of sale, building next-generation Web-based technology solutions that present shoppers, merchants, and financial institutions with immediate credit decisions. The FreeDecision Instant Financing Solution is currently used by e-commerce leaders to offer financing options to shoppers both on-line, and at physical brick and mortar locations. Founded in 1999, FreeDecision is positioned to be the premier source for facilitating Internet lending.

About Equilease Financial Services
For over 40 years, Equilease has provided billions of dollars of lease financing for domestic and international business servicing a broad range of clientele ranging from Fortune 500 and mid-sized companies to privately held, sole proprietorships. The company is a principal in all transactions, and all funding occurs though its secularization facility. The company is a proud member of the Equipment Leasing Association, United Association of Equipment Lessors, National Association of Equipment Leasing Brokers and Eastern Association of Equipment Lessors. For more information, visit www.freedecision.com.

(It appears there is no freedecision.com web site nor information about the company on the web. One of the thirty or more aggregate funders who thought a "on line" software program would create more sales for brokers, vendors, and of course, the leasing company.

(Equilease remains a very successful company. Here is the latest story in Leasing News. Editor :)

Equilease Wins $260 million portfolio
http://leasingnews.org/archives/Feb2012/2_15.htm#equilease 




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Classified Ads---Senior Management


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

Philadelphia, PA
27 yrs. exp. sales, ops., credit, strategy, P&L mngmet. Most recently created & executed the biz plans for 2 highly successful Bank-owned small ticket leasing subsidiaries. 
email: mccarthy2020@comcast.net
Southern CA
20 years exp. as hands-on leasing CFO, managing accounting, treasury, FP&A, including securitizations, Great Plains/FRx, budgets, risk management.  MBA.  Also available as interim Controller/CFO, consultant.
Email: leasecfo@gmail.com



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

 



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DePaolo Announces $45.3MM 2nd Q Net Income
Salutes Signature Finance

Signature Bank, New York, (SBNY) announced net income for the 2012 second quarter reached a record $45.3 million with a Tier 1 risk-based 16.45% .


Joseph J. DePaolo
President/CEO

“We continued to demonstrate strength in our financial performance this quarter as evidenced by record earnings and record loan growth as well as significant growth in deposits, " said Signature Bank President and Chief Executive Officer Joseph J. DePaolo." Furthermore, one of the highlights of the 2012 second quarter was the introduction of Signature Financial, our new specialty finance subsidiary. Signature Financial is an excellent growth opportunity for the Bank that further diversifies our revenue streams and is a natural fit for our progress.”

"In these uncertain economic times -- where both foreign and U.S. capital markets remain unstable -- we have stayed firmly centered on meeting the banking needs of our clients. For the past decade, our veteran relationship bankers have provided steadfast assistance to our clients throughout various economic cycles. Our outwardly focused commitment to our clients’ success is again reflected in the Bank’s ongoing strong financial performance, with the 2012 second quarter being a continuation of our pace.”

Loans, excluding loans held for sale, grew a record $664.9 million, or 9.0 percent, during the 2012 second quarter to $8.03 billion, versus $7.36 billion at March 31, 2012. At June 30, 2012, loans accounted for 50.6 percent of total assets, compared with 48.2 percent at the end of the 2012 first quarter and 46.7 percent at the end of the 2011 second quarter. Average loans, excluding loans held for sale, were $7.69 billion in the 2012 second quarter, an increase of $632.4 million, or 9.0 percent, from the 2012 first quarter and $1.84 billion, or 31.4 percent, from the 2011 second quarter. The increase in loans for the quarter was primarily driven by growth in commercial real estate and multi-family loans as well as the launch of the Bank’s specialty finance business.

Full 2nd Quarter with Financials:
http://leasingnews.org/PDF/SignatureSecondQuarterresults.pdf




 

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Leasing News Help Wanted

Exp. only, 1 Southeast, 1 West Coast
Looking to Expand Your Career
Base Salary & Commission
resumes to : dmitchem@ifsc.com

www.ifsc.com
Stable, profitable independent lessor, 30 years in business,
Chicago suburbs

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.

 

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Leasing News Help Wanted Ad Pricing

Take Advantage of this Limited Offer!!!

 

25% Off regular rate below plus 30 day run

Help Wanted Web Ad New Programs

Classified Ad Section 

21 days in a row:
$595 four lines (a space is a line) 
($40 each additional line or space)

All you need do is send us the copy or the position description you want to fulfill and we do the rest. We will design the ad with the idea to fit you budget best, as well as recommend a “click to a web page” or seprate full page job description. Lines and spaces determine the price of the “help wanted ad” as the Logo is free as well as company description at the bottom of the ad (not to exceed the number of lines of the ad.) Also freeclick to a click to a web site or a full description of the position.

Ads are placed in the "Help Wanted' section by category, alphabetical, with the ad with the most lines first in the group. They appear on the web site and in each news edition at the top, not in flash, but in separate news editions. (The “help wanted” top ad are changed in each news edition in sequence with other “help wanted” ads, mostly in a chronological basis.) The ad always appears in the classified help wanted section in each news edition, plus remains on the web site, even when it appears at the top of the headlines.

Most readers scroll the newsletter, or those directly interested in classified, will click on the headline and go direct to the news edition classified help wanted section, or click on the web site, and go to it at this site.

Leasing News reserves the right to refuse advertising, particularly to a company that has appeared in the complaint bulletin board


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Lesley Sterling Recognized for 30 Years of Service
ELFA Vice President of Business and Professional Development

Equipment Leasing and Finance Association President and CEO William G. Sutton, CAE (center, pink tie), recognized Lesley Sterling, Vice President of Business and Professional Development, for her 30 years of service to the association. She is pictured at center holding the engraved crystal bowl presented to her in honor of her tremendous contributions. The event was held at the ELFA all-team Summer Program Status Up-date. The ELFA team joined Sutton in congratulating Sterling,

Sterling joined the association staff in August 1982. Her primary responsibility is to assess the business and professional development needs of the association's members, and to direct and implement the business and professional development activities for the association. These activities include national conferences, workshops, web seminars and the association's e-learning initiatives. Lesley also has liaison responsibilities with a variety of ELFA standing committees and planning committees.

 

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Lessor Escapes NY Evergreen Clause Class Action
by Tom McCurnin, Esq.
Barton, Klugman & Oetting
Los Angeles, California


Many equipment leases contain an automatic renewal provision that provides that the lease will automatically renew unless the lessee sends notice prior to the expiration of the equipment lease. Called “Evergreen Clauses,” these clauses are unenforceable under New York law unless the equipment lessor sends a certified mail notice to the lessee informing the lessee to the existence of the clause.

The New York law has been in existence since the early 1950’s.

The recent case of Ovitz v. Bloomberg L.P. 18 N.Y.3d 753, 967 N.E.2d 1170 (2012) demonstrates the saying of English poet Alexander Pope that “To err is human, To forgive is divine.” In this case, the equipment Lessor certainly violated the statute, but wisely waived the charges, which in this case, cause a potential expensive class action to be dismissed against that Lessor.

In June 2000, plaintiff Bruce Ovitz entered into a two-year lease which provided that the lease would be automatically renewed for successive two-year periods unless Ovitz gave 60 days' prior written notice. The equipment Lessor did not send notice to Ovitz that informed him of the automatic renewal because it was their “standard policy not to give its subscribers any advance notice of the automatic renewal provision or deadline.” Ovitz filed a class action suit, claiming deceptive practices for this clear violation of New York’s statute. Two weeks after Ovitz filed suit, the Lessor waived the provision and terminated the lease without cost to Ovitz. Whoever thought out this strategy deserves a bonus, because that decision saved the day.

The trial court, while dismissing some of the claims, allowed the class action to go forward. On appeal, the Appellate Division reversed, and threw Ovitz’s case out in its entirety due to the fact that Ovitz did not plead actual injury since the Lessor waived its collection of payments and fees. The Appellate Division granted Ovitz the right to appeal, and the case was sent to the New York Court of Appeals.

The Court seemed to admit that the Lessor violated the statute, but was troubled by the fact that Ovitz had not suffered any damage. The deceptive practices act requires a plaintiff to plead and prove that a “defendant is engaging in an act or practice that is deceptive or misleading in a material way and that plaintiff has been injured by reason thereof.” The Court held that since the fees were waived, Ovitz had no claim.

In a three page stinging dissent, Justice Pigott wrote that one of the claims, a Declaratory Relief claim, should have survived.

“In my view, the Appellate Division's dismissal went well beyond its function at this stage of the proceeding. This is a declaratory judgment action and, as such, the court's duty was to determine, upon an assumption that the allegations were true, whether Bloomberg violated the automatic renewal statutes—and it is clear that it did. The court's further finding—that there is no private right of action for the violation of such statutes—goes beyond the purpose of a declaratory judgment action. Instead, it concluded that declaratory and injunctive relief is unwarranted since no justiciable controversy remains to support the claim for declaratory relief.

Moreover, plaintiff claims, if a subscriber refuses to pay fees under a “renewed” contract, Bloomberg “unleashes its bill collectors” from its New York headquarters, and bombards subscribers with dunning letters, e-mails, collection notices, and threats, misrepresenting that the subscribers are in breach of the contract; and if they do not pay, Bloomberg threatens to report them to the credit bureaus and refer them to collection agencies. This does not appear to me to warrant the “no harm, no foul” approach the courts have taken to this case.

Whether the case merits class action status is another matter and, in my view, should be left to the sound discretion of the trial court. But this seems to me like an appropriate use of our declaratory judgment jurisprudence, and I would reinstate that cause of action.”

The lessons for the equipment lessor here are two fold.

First, read and follow the law of your jurisdiction. Quite frankly, I’m confused why this large New York lessor of financial software and equipment would not know the law in its home State. The allegations once the collector became aware of the law, they blew off the lessee was disturbing to me. So the take away here is to read, understand and follow the leasing law of your jurisdiction. Educate and train your collectors, lest they create a class action lawsuit out of aggressiveness.

Second, once confronted with a potential suit, or in this case, the actual lawsuit, it is never too late to act appropriately. In this case, the Lessor waived the charges relative to the early termination of the Evergreen Clause after the suit was filed. Although this decision came a few weeks late, and probably cost the Lessor thousands in attorney fees for the three cases, that decision saved the day, and the Lessor dodged a bullet.

Tom McCurnin
Barton, Klugman & Oetting
Los Angeles, California
email: tmccurnin@bkolaw.com
Voice: (213) 621-4000
Fax (213) 625-1832

Visit our Web Site at www.bkolaw.com

Ovitz West Law Case:
http://leasingnews.org/PDF/OvitzCase.pdf

Previous Tom McCurnin Articles:
http://www.leasingnews.org/Conscious-Top%20Stories/leasing_cases.html


• Contract Negotiations • Fraud Investigations
• Credit Investigations • Skip-tracing
• Third-party Commercial Collections
John Kenny
Receivables Management

For flat fee or commissions basis

john@jkrmdirect.com | ph 315-866-1167| www.jkrmdirect.com

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

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Companies who notify lessee in advance of lease expiration
and require their discounter to also notify lessee in advance


ABCO Leasing
Advantage Funding
Agility Ventures LLC
Allegiant Partners
American Leasefund, Inc. 
Balboa Capital Corp. 
BancLease Acceptance Corporation 
Bank of Ozarks Leasing 
Bankers Capital
Bank of the West, Indirect Equipment Finance 
Black Rock Capital
BSB Leasing
Calfund
Capital Technology & Leasing, LLC
Cobra Capital, LLC
Commerce National Bank
Dakota Financial, LLC
Direct Capital
eLease


Financial Pacific Leasing 
Five Point Capital, In
Forum Financial Services, Inc. 
Gonor Funding
GreatAmerica Leasing
Innovative Lease Services, Inc. 
Madison Capital
Manufacturer's Lease Plans, Inc 
Marquette Equipment Finance
Mesa Leasing
Maxim Commercial Capital
Mount Pleasant Capital
National Machine Tool Financial Corporation
Navitas Lease Corp. 
Northwest Leasing Company
P&L Capital Corporation 
Pacifica Capital 
Pawnee Leasing Corporation

Standard Professional Services, LLC
TEAM Funding Solutions
Vehicle Lenders Group, LLC

 

Full list
http://www.leasingnews.org/Pages/lease_expiration.html


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Dedicated to the leasing industry
click here to learn more.

Hear What Our Clients say about us
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Gary DiLillo, President 440.871.0555 or gary@avptc.com



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Bank Sales:
Volume picks up, targeting small banks



The volume and the size have increased, according to SNL Financial. There were 48 branch deals announced in the first half of 2012, an increase of four deals compared to the same period a year earlier. A total of 230 branches and $6.9 billion of deposits were transferred during the six months ended June 30, 2012, more than double the 108 branches and $2.8 billion in deposits a year ago.

The volume of FDIC-assisted deals continued to plummet as fewer banks are failing this year than last: 28 banks have failed in the first six months of 2012, down by 18 failures from the year-ago period.

The larger banks and larger states did very well, and not the bank failure states labeled "Government assisted:"


During the first six months of 2012, the Midwest was the most active of all regions in terms of number of deals with 32 deals, followed by the Southeast and Southwest with 22 and 20 deals, respectively. The West witnessed some of the biggest deals, with total deal value aggregating to $1.8 billion for 13 deals. The valuation was highest in the Northeast with an average price to tangible book ratio of 157.7% for eight deals, whereas it was lowest for the Southeast with a discount of 8.7% on average for the 22 deals.


Open Market Transactions


Bank Failure FDIC Assisted Sales


 

 

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Why I Became a CLP


Mary Armstrong, CLP
Broker Relations Manager
Financial Pacific Leasing, LLC

Financial Pacific has been a leader in the leasing industry for 30 plus years and they put a great deal of emphasis on continued education. Every year they offer the Institute for Leasing Professionals class as part of their training and continued education, as well as the opportunity to sit for the CLP exam. The CLP designation was something my colleagues were proud of. I thought to myself, “I’ve been in the industry for so long it’s time to become a Certified Lease Professional,” so I signed up for the class.

We have a tradition at Finpac when someone passes their CLP exam, all the CLP’s get together and walk to their desk in a big group to rally around that person in support. We do this because we all know the effort and commitment behind that accomplishment.

I’ve asked myself over the years how I ended up in the leasing industry? I never remember a time thinking, “Hmm, when I grow up I want to become a lease professional.”

I’ve taught many leasing 101 courses over the span of my career and I always ask the young lease professionals, “Why leasing”? Or, “When you were offered the position, what did you tell your family and friends about the company you are now going to be employed by?” The answers varied from, “I don’t know” to, “I think the company does some sort of financing.” Who cares, I’ve got a job!

I was once similar to those young people - it turns out I somehow just ended up in leasing. A friend of mine wanted me to come to work for her at a company called Advanta Leasing in Voorhees, New Jersey. I had heard it was a great company to work for so I applied for a funding position. I had no idea at the time that leasing was one of the oldest industries in history dating back to 2010 BC (a little something I learned at the Institute for Leasing Professionals class). I found it to be exciting. Month-ends were full of high energy, late nights and lots of pizza. I was hooked.

It wasn’t long before I heard that some of my co-workers were organizing a study group because they were taking the “CLP Exam.” They seemed terrified at the prospect and I remember just dismissing it thinking, “Glad it’s not me!” That was in 1997.

I left Advanta to join a captive leasing company in Mt. Laurel, NJ, Canon Financial Leasing, where I was the Sales Manager of the Independent Channel. I continued to learn and loved my career. I met my husband there and moved to the Pacific Northwest in 2003 and eventually joined my current employer Financial Pacific Leasing. It was here that I was reintroduced to the “CLP” designation.

After I signed up for the Certified Lease Professional” class, I formed a small study group, talked to everyone who would stand still long enough about their experience, called on a few brokers to coach me and put my head in the book. I’m not going to lie, I was terrified. It’s a big commitment but I knew that my customers deserve this.

Today, it's with pride that I display my plaque on my desk. The CLP designation after my name on my business cards provides my customers the confidence that they are dealing with an educated professional.



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2012 Cindy Spurdle Award of Excellence

An award has been created by the Certified Leasing Profession in honor of Cindy Spurdle, who was the executive director for twelve years. CLP members are being asked to nominate a fellow CLP in Good Stand, who they feel has contributed most to the leasing industry and best represents the CLP ideals.

The winner will be announced at the National Equipment Finance Association Fall Funding Symposium in Washington, D.C. to be held September 12-15.

 

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### Press Release ############################

GSG Leasing Announces Creation of GSG Energy Finance Division


GSG Leasing, a boutique equipment finance company, announces the creation of the GSG Energy Finance Division. GSG Energy Finance will concentrate on supporting manufacturers, vendors and end users in the development of energy efficient solutions. GSG Energy Finance sees four key areas of focus at the outset of its business: LED lighting retrofits; commercial mechanical system upgrades, solar installations and green building retrofits.

Andrew Bender, CEO

“GSG is always looking to expand our portfolio and sustainable energy is something our team is passionate about,” said Andrew A. Bender, Chief Executive Officer of GSG Leasing. “The opportunity to create the Energy Finance Division is exciting as it’s a natural extension of our current business. I am confident we will be able to support this market well.”

Prior to creating GSG Energy Finance, GSG Leasing beta tested the program with several key projects including a steam boiler upgrade for a large urban commercial building and an LED lighting upgrade for a factory in the Southeast. GSG Energy will continue to leverage GSG Leasing’s value proposition based on personalized service and customized documentation and billing.

The GSG Energy Finance Division was created with the mission of leveraging private capital to help its clients achieve lower energy costs while reducing their energy consumption, supporting local economies, and decreasing their carbon footprint. By working with project partners, including mechanical contractors, energy consultants, solar installers, and lighting contractors, GSG builds estimated energy savings into its financial models. The goal is to structure models such that the end-user sees net positive cash flow early in the life of the equipment – in some case as soon as year-one.

In addition, the GSG Energy Finance Division has recognized that some organizations, such as non-profits and municipalities, cannot take advantage of the same tax benefits as private, for private companies. GSG is well-placed to capture these tax benefits in order to reduce the effective project cost, bringing energy savings to an even broader segment of the population.

About GSG Leasing
GSG Leasing is an independent boutique equipment financing company and trusted provider of finance and leasing services in the technology, equipment and energy industries for manufacturers, distributors, and resellers. We focus on building long-term relationships with vendors and their customers rather than focusing solely on individual transactions. For more information visit GSG online at www.gsgleasing.com or call 877-474-0470.

#### Press Release #############################


 

 

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The 10 Cheapest Tickets in Baseball
24/7WallstWire

June 8th Leasing News printed the most expensive tickets in Major League Baseball:



5.
New York Mets
Avg. ticket price: $63.56
W-L past 10 years: 49.1% (14th lowest)
Championships past 10 years: none
Avg. home attendance: 30,108

4.
Chicago Cubs
Avg. ticket price: $65.24
W-L past 10 years: 49.4% (15th highest)
Championships past 10 years: none
Avg. home attendance: 37,258

3.
New York Yankees
Avg. ticket price: $70.81
W-L past 10 years: 60.2% (highest)
Championships past 10 years: 1
Avg. home attendance: 45,107


2.
Toronto Blue Jays
Avg. ticket price: $71.89
W-L past 10 years: 49.9% (13th highest)
Championships past 10 years: none
Avg. home attendance: 22,445


1.
Boston Red Sox
Avg. ticket price: $88.26
W-L past 10 years: 57.5% (2nd highest)
Championships past 10 years: 2
Avg. home attendance: 37,703

Ten Cheapest Tickets in Baseball

" 24 /7 Wall St. worked with SeatGeek, a search engine for event tickets, to identify the 10 cheapest sections of the 30 major league baseball stadiums in 2011. While the average ticket price for each field is between $33 and $81, it is possible to find seats that are $10 or less, as long as you are willing to sit a bit far away from the action.

"Every stadium in baseball has sections deep in the bleachers, generally undesirable seats that franchises have to charge much less for in order to fill them and reach capacity. In many cases, the teams with the lowest-priced cheap sections have other factors driving prices down throughout the stadium. Of the ballparks on our list, seven have among the 10 cheapest average ticket prices for 2012."

 

10.
Colorado Rockies
Price of cheapest section: $13.50
2012 W/L record: 35-55 (2nd lowest)
Stadium seating capacity: 50,398 (2nd highest)
Avg. home game attendance: 34,059 (13th highest)

9.
Houston Astros
Price of cheapest section: $9.88
2012 W/L record: 34-57 (the lowest)
Stadium seating capacity: 40,981 (9th lowest)
Avg. home game attendance: 22,049 (4th

8.
Pittsburgh Pirates
Price of cheapest section: $9.80
2012 W/L record: 50-40 (6th highest)
Stadium seating capacity: 38,362 (6th lowest)
Avg. home game attendance: 25,474 (8th lowest)

7.
Atlanta Braves
Price of cheapest section: $9.34
2012 W/L record: 49-40 (8th highest)
Stadium seating capacity: 49,586 (4th highest)
Avg. home game attendance: 29,949 (14th highest)

6.
Cleveland Indians
Price of cheapest section: $8.12
2012 W/L record: 46-44 (15th highest)
Stadium seating capacity: 43,429 (13th highest)
Avg. home game attendance: 19,256 (lowest)

5.
Los Angeles Angels
Price of cheapest section: $7.96
2012 W/L record: 50-41 (9th highest)
Stadium seating capacity: 45,957 (10th highest)
Avg. home game attendance: 37,211 (9th highest)

4.
Los Angeles Dodgers
Price of cheapest section: $7.04
2012 W/L record: 48-44 (10th highest)
Stadium seating capacity: 56,000 (the highest)
Avg. home game attendance: 41,212 (6th highest)

3.
Texas Rangers
Price of cheapest section: $6.61
2012 W/L record: 55-35 (2nd highest)
Stadium seating capacity: 48,194 (7th highest)
Avg. home game attendance: 43,607 (2nd highest)

2.
Miami Marlins
Price of cheapest section: $6.50
2012 W/L record: 44-46 (11th lowest)
Stadium seating capacity: 36,742 (3rd lowest)
Avg. home game attendance: 28,442 (13th lowest)

1.
Milwaukee Brewers
Price of cheapest section: $5.38
2012 W/L record: 43-47 (9th lowest)
Stadium seating capacity: 41,900 (13th lowest)
Avg. home game attendance: 34,943 (11th highest)


Full Story: The 10 Cheapest Tickets in Baseball - 24/7 Wall St. http://247wallst.com/2012/07/24/the-10-cheapest-tickets-in-baseball/#ixzz21ZbhGkNv

 

Send Leasing News to a Colleague. We are free!!!

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Two Purebred Black Labs
South Norwalk, Connecticut



Ava and Leroy

“Purebred black lab. Very sweet and mellow. Owner surrendered and posted on behalf of the owner. Please contact her (Sandy) directly (203) 732-0466 for more information. Wonderful dog that needs to find her forever home. Must be placed with Leroy who is also on the site and appears in photo. More info and pictures coming soon. Thank you for saving a dog and considering a rescue.

“Ava is not at PAWS. Please contact Sandy directly (203) 732-0466 for more information.”



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Classified ads—Asset Management

Leasing Industry Outsourcing
(Providing Services and Products)

Asset Management: Atlanta, GA
premier provide accounts receivable management functions from 3rd Party contingency collections to Portfolio Purchasing. Contact George Elliott, National Account Manager. 678-694-9063,
www.westassetmanagement.com 

Asset Management: Boston, MA
Nationwide appraisals, remarketing, audits, inspections and more! Over 15-years industry experience and dedicated to deliver personal, prompt, professional services. 
Call Chris @ 508-785-1277. Email:chris@dovermanagementgroup.com 

Asset Management: Minneapolis, MN
NetSentric provides services to leasing companies: Inspection, Appraisals, Auditing, Warehousing, Repossession, Asset Management, Repairs, Remarketing and Field Service for Electronics and Computing Technology.
Email: jcahill@netsentricinc.com 

Asset Management: Monroe, NC
Recover a greater return on your investment.  We specialize in the woodworking, pallet, sawmill and forestry industries.  Carolinamachinerysales.com/Melinda Meier (704)288-1904 x103
Asset Management: Nationwide 
BUYER/LENDER BEWARE. Don't sign anything until Collateral Verifications Inc. goes onsite, knocks on the door and gets the facts.
http://www.i-collateral.com
Email: mark@i-collateral.com

Nationwide 
Seasoned and fair priced workforce is at your service for all lease collections, repossessions, and asset liquidations, appraisals.  Call Nassau Asset Management 800-462-7728  dcastagna@nasset.com   

Asset Management: NorthWest Sequent provides collateral recovery, remarketing, and storage services to lenders with assets located in the greater Pacific Northwest. Professional services at reasonable pricing. Contact rossr@sequentam.com

  Asset Management: Orange City, FL
We help Lessors Liquidate un-wanted Assets valued at $750,000+. It's an effective method of Liquidating Assets such as Jets, Planes, Helicopters, Freighters, etc. 
Eric R. Sanders 
Tel  386-789-9441 
www.ValuedAssetSales.com 
www.The-RandolphCapital.com 
EQPMNTLEASING@aol.com
Asset Storage/Re-Marketing: Ohio & surrounding states. Providing no cost warehousing, condition reports, digital photos and remarketing of off-lease forklifts & industrial equipment. NAFTA wide dealer network. Email to GCochran@OhioLift.com  
Asset Management:
South East US- AllState Asset Management 
Recovery, remarketing, inspections. 25 years experience, dedicated to deliver, prompt, professional services. 
Call Brian @ 704-671-2376.brian.buchanan@allstateassetmgmt.com
Asset Management: Global
Specializing in Semiconductor and Electronic Test Equipment collateral. Lender services include Consignment Sales, Remarketing, Portfolio Purchases, Inspections, De-installation, Repairs and Warehousing. 
www.testequipmentconnection.com
mnovello@testequipmentconnection.com
Bulldog Asset Management provides recovery and remarketing services with a difference. Contingent repos, free storage and industry experts to remarket. Email:Jamie@bulldogasset.com 
www.bulldogasset.com

Asset Management: Portsmouth, NH
Unique approach improves results, keeps costs down. Repossession, Storage, Inspection, Legal, Appraisal, Transport, Remarketing. Free advice and resources.Call 855.EENGINE
http://lendersolutions.equipmentengine.com

All "Outsourcing" Classified ads (advertisers are both requested
and responsible to keep their free ads up to date:
http://www.leasingnews.org/Classified/Outsourcing/Outsourcing.htm

How to Post a free "Outsourcing" classified ad:
http://www.leasingnews.org/Classified/Outsourcing/Outsourcing-post.htm



Mr. Terry Winders available as a consultant regarding assisting attorneys in resolving disputes or explaining procedures or reviewing documents as utilized in the finance and leasing industry.

He is the author of several books, including DVD's, as well as weekly columnist to Leasing News. He also performs audits of leasing companies as an expert on documentation, and has acted as an expert witness on leasing for litigation in legal and tax disputes, including before the IRS. He also has taught the senior bank examiners, how to review a bank leasing department, for the Federal Reserve in Washington D.C. and has trained the examiners for the FDIC on how to prepare a lease portfolio for sale.

502.649.0488/Leaseconsulting@msn.com


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


News Briefs----


Bank of Hawaii 2Q net income rose 16 pct
http://www.businessweek.com/ap/2012-07-23/bank-of-hawaii-2q-net-income-rose-16-pct

Synovus profitable, but TARP repayment still to come
http://www.ajc.com/business/synovus-profitable-but-tarp-1483770.html

How Apple's phantom taxes hide billions in profit
http://www.ajc.com/business/how-apples-phantom-taxes-1483163.html

Apple sags as consumers buy cheaper iPhones
http://seattletimes.nwsource.com/html/businesstechnology/2018761750_apusearnsapple.html

Sherman Hemsley of 'The Jeffersons' dies at 74
http://www.usatoday.com/life/people/obit/story/2012-07-24/sherman-hemsley-dies/56466676/1

Former astronaut Sally Ride chose privacy over gay causes
http://www.usatoday.com/news/health/wellness/story/2012-07-24/sally-ride-sexuality/56467620/1


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You May Have Missed---

Top Ten Greatest Living Business Leaders
http://www.forbes.com/sites/davidkwilliams/2012/07/24/top-10-list-the-greatest-living-business-leaders-today/

 


((Please Click on Bulletin Board to learn more information))
(Leasing News provides this ad “gratis” as a means
to help support the growth of Lease Police)



[headlines]

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SparkPeople--Live Healthier and Longer


SparkPeople--Live Healthier and Longer


How a 'Bad Food' Attitude Can Backfire
http://www.sparkpeople.com/resource/nutrition_articles.asp?id=1770


 


[headlines]

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Sports Briefs----

Bears' Smith welcomes pressure: 'We have a good football team'
http://www.chicagotribune.com/#&lid=Home&lpos=Main

Rush Is On for Penn State Players and Recruits
http://www.nytimes.com/2012/07/25/sports/ncaafootball/for-penn-state-players-and-recruits-rush-is-on.html?hp



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Baseball Poem

Silly Question

By: "Papa" Joe Chevalier

I like;
All nine innings and knee high strikes
The diamond cut by flashing spikes.
The infield hit, a long home run
Doubleheaders, the radar gun.
The curve, the knuckler, slider and splitter
A slugfest or the chance no-hitter.
The majors, the minors, the kids, the vets
The "Whiz Kids," the "Amazing Mets."
The squeeze bunt and the hit and run
The double steal on three and one.
Both real and artificial grass.
The routine grounder or astro turf hop.
Signs to take and signs to steal
Beating the deadline with a late night deal.
The brush back pitch, the managers warned
The visiting star locally scorned.
Balls with eyes and rain delays
Around the horn double plays.
Walking leads and frozen ropes
Bloops, blasts and springtime hopes.
The game of the week and cable TV
Descriptions like "Good field-no-hit
Or "Say goodbye baseball" at Safeco Field
Diving catches and trapped fly balls
Coaches sweating on 3-2 calls.
The pickoff move and stealing home
Games in the sun or under a dome.
Walks, balks, and fielders choices
An irate skipper getting the gate.
Cold soda, peanuts and ball park franks
Sometimes even the New York Yanks.
For all this and more I have good reason
To be pleased that it's Baseball season.
And if you guys don't mind suggestions,
Go somewhere else with your silly questions

 

 

[headlines]
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California Nuts Briefs---

State parks scandal: Honor system used to keep track of $37 billion in public funds
http://www.contracostatimes.com/top-stories/ci_21150190/state-parks-scandal-honor-system-used-keep-track

San Francisco is fast becoming a technology hub
http://www.usatoday.com/money/industries/technology/story/2012-07-18/new-tech-hub-san-francisco/56441430/1

Netflix's 2Q numbers disappoints, stock tumbles
http://www.sfgate.com/business/article/Netflix-s-2Q-numbers-disappoints-stock-tumbles-3731631.php


[headlines]
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“Gimme that Wine”

http://www.youtube.com/watch?v=EJnQoi8DSE8


Press Democrat: This week's picks
http://www.pressdemocrat.com/article/20120723/LIFESTYLE/120729911?Title=This-week-s-wine-picks-

Margrit Mondavi at the Mondavi Winery in the Napa Valley
http://www.pressdemocrat.com/article/20120724/LIFESTYLE/120729852?Title=Margrit-Mondavi-on-life-love

Wine’s Sweet Spot Is a $20 Bill
http://www.nytimes.com/2012/07/25/dining/reviews/wines-sweet-spot-is-a-20-bill-the-pour.html?ref=dining

Top ten trends of the last ten years: 10. The Pinots
http://www.thedrinksbusiness.com/2012/07/top-ten-trends-of-the-last-ten-years-10-the-pinots/2/


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

Wine Prices by vintage
http://www.winezap.com
http://www.wine-searcher.com/

US/International Wine Events
http://www.localwineevents.com/

Winery Atlas
http://www.carterhouse.com/atlas/\

Leasing News Wine & Spirits Page
http://two.leasingnews.org/Recommendations/wnensprts.htm

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This Day in History

       1651- African slaves in America arrived for the first time at the Spanish colony of St. Augustine, FL. They belonged to King Phillip II of Spain. The first slaves in the English colonies in America were introduced in Jamestown, VA, in August, 1619 by a Dutch man-of-war that sold 20 kidnapped Africans to the planter colonists. They were treated as indentured servants, since slavery was not legalized in Virginia for several decades. Forms of slavery were also practiced among Native American peoples from ancient times.
    1729- North Carolina becomes royal colony. As Jews were being banished in Europe from many cities for practicing their religion, they began migrating to the New World along with many other Christian faiths who no longer wanted to follow either the Church of England or the Vatican. Although few in number, Jewish immigrants were strong contributors to the religious life of America, according to historians. The first permanent Hebrew congregation to the colonies was formed in 1729 in New York City; the next year the members constructed a synagogue on Mill Street that was described as a “solid, neat, stone Temple. “ The congregation later added the first school for Jewish children. Around this time Jewish communities were also developing Charleston, S.C., Newport, R.I.., and Philadelphia, PA, and by the time of the American Revolution, there were between 2000 and 3000 Jews in the colonies, mostly merchants and traders. An act of Parliament in 1740 allowed Jews to be naturalized, and in the colonies they found more political and religious freedom than anywhere else in the world.
    1805 - Aaron Burr reportedly visited New Orleans with plans to establish a new country, with New Orleans as the capital city.
    1814- Battle of Niagara Falls (Lundy's Lane); Americans defeat British
http://www.lundyslanemuseum.com/battle.html
    1850 - Gold is discovered in the Rogue River in Oregon, extending the quest for gold up the Pacific coast. 
    1851-New Mission Toll Road opened. First toll station at Third and Stevenson. The planked roadway ran from Clay and Kearny, out Third to Mission, and then along Mission to Corbett Road. It bridged the marsh between Sixth and Eighth St. Tolls were 25 cents for riders on horseback, 75 cents for two-horse wagons an one dollar for a four-horse team.
    1861 - The Crittenden Resolution, calling for the American Civil War to be fought to preserve the Union and not for slavery, is passed by Congress. The measure was important in keeping the pivotal states of Missouri, Kentucky, and Maryland in the Union.Although the measure was passed in Congress, it meant little when, just two weeks later, President Lincoln signed a confiscation act, allowing for the seizure of property—including slaves—from rebellious citizens. Still, for the first year and a half of the Civil War, reunification of the United States was the official goal of the North. It was not until Lincoln's Emancipation Proclamation of September 1862 that slavery became a goal. 
    1863-The first Monument to commemorate the Civil War was a plain brownstone shaft designed by Nelson Augustus Moore and dedicated this day, two years before the end of the war, at a cost of $4350. It was “erected to commemorate the death of those who perished in suppressing the Southern Rebellion” and eventually carried the names of 16 men. It is still standing.
http://www.chs.org/ransom/images/004.jpg
http://www.chs.org/ransom/004.htm
    1866-- David G Farragut became 1st rear admiral in US Navy
http://www.abraham-lincoln.org/admiralfarragut.org/
    1868- Territory of Wyoming created.
http://www.wyomingnews.com/
http://www.wyomingtourism.org/tourism/internal.cfm
    1874- "The Maple Leaf Forever," one of Canada's most famous patriotic songs, was said to have been performed for the first time during the laying of the foundation stone for the Christian Baptist Church in Newmarket, Ontario. The song's composer, Alexander Muir, conducted a choir of schoolchildren. But "The Maple Leaf Forever" likely had its first public performance years earlier. An early sheet music edition of the song in 1871 said it had been "sung with great applause by J.F. Hardy, Esquire, in his popular entertainments." (sounds very much like “My Country ‘Tis of Thee “)
http://www.geocities.com/loyal1ca/queen.mid
http://www.canadafirst.net/maple_leaf_forever/ 
http://www-2.cs.cmu.edu/afs/cs.cmu.edu/user/clamen/misc/Canadiana/
MapleLeafForever.html

   1890- In his last minor league appearance, 23-year old Cy Young strikes out 18 batters en route to a tossing no-hitter in a Tri-State contest against McKeesport (PA). The right-hander will amass a record 511 victories during his 22-year Hall of Fame career. 
    1891-Heat wave at Los Angeles with 103 on the 24th and 100 on the 25th. Peak during heat wave was 109
    1897-birthday of guitarist Sylvester Weaver, Louisville, KY
http://www.artistdirect.com/music/artist/bio/0,,508077,00.html?artist=Sylvester+Weaver
    1898-Puerto Rico was invaded by U.S. Forces led by Major General Nelson A. Miles. The landing was made at Guanica, on the southern coast. Resistance was minimal.
http://www.arlingtoncemetery.com/namiles.htm
http://www.pbs.org/weta/thewest/people/i_r/miles.htm
    1899-birthday of coronet player Johnny Wiggs, New Orleans, LA
http://www.artistdirect.com/music/artist/bio/0,,509639,00.html?artist=Johnny+Wiggs
    1903- Castle on top of Telegraph Hill, San Francisco, burns down.
    1906—Alto sax player Johnny “Rabbit” Hodges birthday
http://www.downbeat.com/artists/window.asp?action=new&aid=339&aname=Johnny+Hodges
http://thrill.to/Hodges
    1907-Birthday of guitarist Slim Green, Bryant, TX
    1908-birthday of Pianist Henry Brown, Troy, NT
    1916-African-American Garrett T. Morgan, inventor of the gas mask, rescues six from gas-filled tunnel in Cleveland, Ohio Garrett T. Morgan
http://www.kytales.com/gmorgan/gmorgan.html
http://www.enchantedlearning.com/inventors/page/m/morgan.shtml
    1918- Annette Abbot Adams became the first woman District Attorney, serving as U.S. district attorney in the Northern California District from July 25, 1918 to June 26, 1920.
http://www.stanford.edu/group/WLHP/papers/aaahtml.html
    1918 -Race riot in Chester Pennsylvania (3 blacks and 2 whites killed)
    1925 - Station 2XAG in Schenectady, NY became the first radio station in the U.S. to broadcast with a 50,000-watt transmitter. The station, soon known as WGY Radio, could broadcast with 50,000 watts, since it was owned by the General Electric Company. Today, WGY still broadcasts with its original call letters and is still using 50,000 watts of power. http://www.wgy.com/main.html
    1930-Birthday of Maureen Forrester, one of the world's leading contraltos, was born in Montreal, Canada. She has appeared with top orchestras and choirs in Europe and North America under such renowned conductors as Sir Thomas Beecham, Leonard Bernstein and Herbert von Karajan. In 1971, Forrester was awarded the Molson Prize by the Canada Council for outstanding cultural achievement.
http://www.bach-cantatas.com/Bio/Forrester-Maureen.htm
    1930-Birthday of singer Annie Ross, Mitcham,UK
http://www.ddg.com/LIS/InfoDesignF96/Ismael/jazz/1960/Ross.html
http://www.hopper-management.com/ar_bio_e.htm
    1934-Birthday of trumpeter Don Ellis, Los Angeles, CA. Died December 17, 1978
http://www.handofgord.com/donellis/
    1934-The first president to visit Hawaii while in office was Franklin Delanor Roosevelt; at Hilo, HI. He was officially welcomed by Governor Joseph Poindexter on board the cruiser U.S.S. Houston. Hawaii was then a territory of the United States.
    1936-Today in History salutes Federal Theatre Project (FTP) of the Works Progress Administration (WPA).
http://memory.loc.gov/ammem/today/jul25.html
    1936- 115 acre Orchard Beach opens in the Bronx, part of Penham Bay Park
http://www.newyorkled.com/pelhambay.htm
http://www.newyorkled.com/moreNYseasonal_Beaches.htm
    1936-Birthday of American composer Edward Gold, Brooklyn, NY.In recent years, Mr. Gold has composed entirely on the computer and has sequenced his own music as well as the music of others, including Elgar, Schumann, Liszt, and Brahms.
    1942 - Capitol Records first number one hit made it to the top this day. It was one of their first six records released on July 1. The new company’s hit was "Cow Cow Boogie", by Ella Mae Morse and Freddy Slack. http://www.redhotjazz.com/cowcow.html
http://www.prescottlink.com/morse/ella.html
    1943-The SS Leonard Roy Harmon was launched in Quincy, MA, the first warship named for a Black person.
http://www.history.navy.mil/photos/pers-us/uspers-h/l-harmon.htm
    1943-Jim McCarty, drummer for the Yarbirds, was born.
    1944 –The first jet fighter used in combat (Messerschmitt 262) Toward the end of the war Germany was not only producing rockets to bomb England, but building them to bomb the US, larger and stronger tanks, working on an atomic bomb, to be put on the rockets, and were now in production of jet air craft.
http://www.fighter-planes.com/info/me262.htm
http://www.users.bigpond.com/markltuc/me262a-1a.htm
    1946- The first bikini is shown at a Paris fashion show.
http://www.bikiniatoll.com/Bikiniwaxing.html#anchor456238
http://www.247dreams.com/
    1946 - Singer Dean Martin and comedian Jerry Lewis staged their first show as a team at Club 500 in Atlantic City, NJ. Actually, the two had met while performing -- separately -- at the Glass Hat in New York City and decided to try an ad-lib act -- together. Reportedly it was their wives he did not get along, who eventually broke up the partnership. 
http://www.deanmartinfancenter.com/index/rightframe/07mandl/07mandl.html
    1947-The National Security Act of 1947 was passed by Congress. The act unified the armed forces, including the newly formed US Air Force, the Navy and War Department to form US Department of Defense, creating the cabinet position
of Secretary of Defense. It also established the National Security Council and the Central Intelligence Agency. The act was signed on July 26 by President Truman, who nominated Secretary of the Navy James V. Forrestal as the first secretary of Defense. Forrestal was confirmed by Congress on July 27.
    1948-Birthday of guitarist/songwriter Steve Goodman, Chicago, IL Died, 1984.
http://www.hepcat.com/goodman/good.html
http://www.hepcat.com/goodman/fcs.html
    1950---Top Hits
Bewitched - The Bill Snyder Orchestra
Mona Lisa - Nat King Cole
I Wanna Be Loved - The Andrews Sisters
I’m Moving On - Hank Snow
    1952- Puerto Rico became a Commonwealth of the United States, ratified this day. Residents of Puerto Rico possess all the rights of U.S. citizens except that of voting in federal elections.
http://welcome.topuertorico.org/government.shtml
http://americanhistory.si.edu/vidal/
http://www.puertorico.com/
http://escape.topuertorico.com/
    1953- GUILLEN, AMBROSIO Medal of Honor
Rank and organization: Staff Sergeant, U.S. Marine Corps, Company F, 2d Battalion, 7th Marines, 1st Marine Division (Rein.). Place and date: Near Songuch-on, Korea, 25 July 1953. Entered service at: El Paso, Tex. Born: 7 December 1929, La Junta, Colo. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty while serving as a platoon sergeant of Company F in action against enemy aggressor forces. Participating in the defense of an outpost forward of the main line of resistance, S/Sgt. Guillen maneuvered his platoon over unfamiliar terrain in the face of hostile fire and placed his men in fighting positions. With his unit pinned down when the outpost was attacked under cover of darkness by an estimated force of 2 enemy battalions supported by mortar and artillery fire, he deliberately exposed himself to the heavy barrage and attacks to direct his men in defending their positions and personally supervise the treatment and evacuation of the wounded. Inspired by his leadership, the platoon quickly rallied and engaged the enemy in fierce hand-to-hand combat. Although critically wounded during the course of the battle, S/Sgt. Guillen refused medical aid and continued to direct his men throughout the remainder of the engagement until the enemy was defeated and thrown into disorderly retreat. Succumbing to his wounds within a few hours, S/Sgt. Guillen, by his outstanding courage and indomitable fighting spirit, was directly responsible for the success of his platoon in repelling a numerically superior enemy force. His personal valor reflects the highest credit upon himself and enhances the finest traditions of the U.S. Naval Service. He gallantly gave his life for his country.
    1954-The "Andrea Doria" and the "Stockholm" collide off the coast of New England in dense fog. 52 people were killed
    1954 – Birthday of Walter Payton (Pro Football Hall of Famer: Chicago Bears RB: Super Bowl XX; NFL individual record-holder: rushing yards gained in one game [275], in career [16,726]; career [1975-87] touchdowns scored [110]; born Columbia, MS; died Nov 1, 1999)
http://sportsillustrated.cnn.com/football/nfl/news/1999/11/01/payton_obit/
http://payton34.org/
    1958---Top Hits
Hard Headed Woman - Elvis Presley
Poor Little Fool - Ricky Nelson
Little Star - The Elegants
Alone with You - Faron Young
    1960-The Ventures "Walk Don't Run" enters the US Pop chart and introduces the instrumental Surf sound to Rock 'n' Roll. The song will peak at #2 a month later. 
    1960-Elvis Presley's "It's Now or Never" debuted on Billboard's Pop music chart. The song was adapted from the Italian tune "O Sole Mio", written in 1899. 
    1961-Roger Maris hits home runs 37, 38, 39 and 40 in a double header.
    1962 - The Elvis Presley film ``Kid Galahad'' premieres.
    1964- Beatles' "Hard Day's Night, A," album goes #1 & stays #1 for 14 weeks 
    1964- Race riot in Rochester NY
    1964-Billboard reports England has a hot new band. The Animals debut single "House of the Rising Sun" entered the U.K. chart at #16. The next week, it's at #3 and seven days later it's number one. To promote the group in the U.S., disc jockeys were sent boxes of animal crackers wrapped with special promotional material.
    1965- Bob Dylan, backed by the Paul Butterfield Blues Band, horrified the audience at the Newport Folk Festival with his new electric sound. He was booed off stage after three tunes but returned with his acoustic guitar to play two songs -- "It's All Over Now, Baby Blue” and "Mr. Tambourine Man." 
    1966-In San Francisco, the Rolling Stones perform their last U.S. concert with Brian Jones.
    1966---Top Hits
Hanky Panky - Tommy James & The Shondells
Wild Thing - The Troggs
Lil’ Red Riding Hood - Sam the Sham & The Pharoahs
Think of Me - Buck Owens
    1966- Trivia for followers of Al Davis, named commissioner of the American Football League just three a half months earlier, he resigned this day and returned to his previous position, president of the general partner of the Oakland Raiders. Davis resigned two weeks after NFL commissioner Pete Rozelle announced a merger between the two leaguers. He has never been happy since. 1966 –Supremes with Diana Ross release "You Can't Hurry Love"
http://www.infoplease.com/ipsa/A0109117.html
http://library.thinkquest.org/12590/davisal.htm?tqskip1=1&tqtime=0723
    1966-New York Yankee manager Casey Stengel elected to Hall of Fame.
    1966-- Red Sox great Ted Williams is inducted into the Hall of Fame. In his induction speech the 'Spendid Splinter' makes a strong appeal for the inclusion of Negro League stars at Cooperstown.
    1966 - Eric Clapton plays lead guitar for George Harrison's ``While My Guitar Gently Weeps'' on the album ``The Beatles'' (also known as ``The White Album'').
    1967- Construction begins on San Francisco Muni Metro(Market Street subway
http://www.sfmuni.com/rider/visitors.htm
    1969- Toronto native Neil Young joined Crosby, Stills and Nash for the first time at a concert at the Fillmore East in New York. Young and Stephen Stills had worked together previously in Buffalo Springfield. Crosby, Stills, Nash and Young's second appearance was at the Woodstock Festival a month later. The quartet broke up in 1971.
http://www.neilyoung.com/
    1970-Chicago's "25 or 6 to 4" is released.
    1970-The Carpenters "Close To You" topped the Billboard Pop chart and became the first of many US hits for the brother and sister team. The song itself had been written in 1963 by Hal David and Burt Bacharach and was first offered to Herb Alpert, who said he didn't feel comfortable singing 'so they sprinkled moon dust in your hair' 
    1971-The Beach Boys make a return with the release of their album "Surf's Up." It hits #29 which is their highest charting L
    1972-The US admits that Blacks were used for 40 years as “guinea pigs” in the Tuskegee Syphilis Experiment.
http://www.thetalkingdrum.com/tus.html 
http://www.africana.com/Articles/tt_423.htm
http://www.amazon.com/exec/obidos/ASIN/0029166764/inktomi-bkasin-20/
103-4403830-8968645
 
    1974---Top Hits
Rock Your Baby - George McCrae
Annie’s Song - John Denver
Rock and Roll Heaven - The Righteous Brothers
Maria Laveau - Bobby Bare
    1975- the musical "A Chorus Line" opened at the Shubert Theatre in New York after a two-month run at a small theatre in the New York Shakespeare Festival complex in the East Village. "A Chorus Line" became Broadway's longest-running show, finally closing on April 28th, 1990, after 6,137 performances. More than six-and-a-half million people paid 150 million dollars to see the show during its Broadway run. Productions of "A Chorus Line” were also mounted in more than 20 countries.
http://www.imagi-nation.com/moonstruck/albm56.html
    1979-Tropical Storm Claudette produced phenomenal rainfall totals in southeast Texas. 30-40 inches fell in 24 hours around Alvin. Freeport reported a total of 30 inches. Total damage from flooding was over $400 million
    1980- AC\DC releases "Back In Black," their first album with Brian Johnson as lead singer.
    1980-Kiss introduces their new drummer, Eric Carr, at a concert at the Palladium in New York City. Carr, who wears fox make-up, replaces Peter Criss, who was made up as a cat.
   1981-Air Supply becomes the first Australian band to top the Billboard Pop chart when "The One That You Love" reaches number one. They would go on to place seven consecutive singles in the top five.
    1981 - Walter Payton signed a contract to play with the Chicago Bears of the NFL on this, his 27th birthday. The famed running back earned almost $2 million over three years. “Sweetness,” as he was nicknamed (because of his disposition), became the highest-paid player in the National Football League. 
    1982---Top Hits
Eye of the Tiger - Survivor
Rosanna - Toto
Hurts So Good - John Cougar
Take Me Down - Alabama
    1985 -Spokeswoman for movie star Rock Hudson confirmed he had AIDS.
    1987-Beckley, WV equals all-time high of 91, established the previous day. It marked the fourth straight day with 90 readings after it was reached just 2 times in the previous 25 years
    1987 - Sixteen cities in the eastern U.S. reported record high temperatures for the date. Beckley, WV, equaled their all-time record high of 91 degrees, established just the previous day. It marked their fourth day in a row of 90 degree heat, after hitting 90 degrees just twice in the previous 25 years of records. The water temperature of Lake Erie at Buffalo, NY, reached 79 degrees, the warmest reading in 52 years of records. 
    1990- At the time, very popular actress-comedienne Roseanne Barr, star of the TV series “Roseanne,” sings the National Anthem at San Diego Padres game . Sports fans go nuts. Boo her out of the stadium. Her popularity wanes from this event.
http://www.museum.tv/archives/etv/R/htmlR/roseanne/roseanne.htm
    1990-US Ambassador tells Iraq, US won't take sides in Iraq-Kuwait dispute.
http://www.roseanneworld.com/home/index.php
    1990 - Comic Roseanne Barr is booed off the field after she screeches a crotch-grabbing rendition of the national anthem at a Padres baseball game in San Diego. President Bush calls the performance ``disgusting.''
    1990---Top Hits
She ain’t Worth It - Glenn Medeiros featuring Bobby Brown
Hold On - En Vogue
Cradle of Love - Billy Idol
The Dance - Garth Brooks
    1997 - "Air Force One", with Harrison Ford. Rebel Russian highjackers capture the plane. It earned $37.13 million the first weekend. 
    1997- Dr. John D. Gearhart and a team of researchers at the John Hopkins University, Baltimore, MD, announced they had cultured human stem cells in a laboratory, using tissue taken from aborted human embryos. Stem cells are the basic, unspecialized cells from which all other cells in the body develop during the growth of a baby in the womb.
    1999 - Lance Armstrong rode to victory in the Tour de France, capping an amazing comeback from cancer. He was only the second American to win cycling’s showcase race. 
http://www.laf.org
http://graphics8.nytimes.com/images/2005/07/24/sports/lance.section.2.jpg
Lance Armstrong and the Discovery Channel team after the 21st and final stage of Armstrong's last Tour de France.
http://www.nytimes.com/pages/sports/sportsspecial/index.html
    1999-- Nolan Ryan, Robin Yount, George Brett, Nestor Chylak, Orlando Cepeda, Frank Selee and 'Smokey' Joe Williams are enshrined in the Hall of Fame.
    2000---Top Hits
It s Gonna Be Me- N Sync 
Bent- matchbox twenty 
Everything You Want- Vertical Horizon 
Try Again- Aaliyah 
    2001- E. Stanley O’Neil to become Merrill Lynch & Co chief executive, first African American to lead a major Wall Street securities firm.
    2004-- Paul Molitor, a member 3000 hit club, and Dennis Eckersley, who appeared in the most games of any Hall of Fame pitcher (1,071 games) are inducted into the Hall of Fame. Long time Bay Area (A's and Giants ) broadcaster Lon Simmons wins the Ford C. Frick Award and the J.G. Taylor Spink Award is won by New York Times' Murray Chass enabling both to become members of the Hall for their outstanding reporting of the national pastime.
    2005---Top Hits
We Belong Together- Mariah Carey 
Pon de Replay- Rihanna 
SRP/Def Jam | 004809* | IDJMG
Hollaback Girl- Gwen Stefani 
Don't Cha- The Pussycat Dolls Featuring Busta Rhymes
    2010 - The Hall of Fame honors John Fogerty, for his classic song “Centerfield”. At the induction ceremonies, the Rock and Roll Hall of Famer performs his 1985 hit, and then donates his baseball bat shaped-guitar to the Cooperstown museum.

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Top Stories

(chronological order)


Hudson Juggles Original Investment to $1B in Assets
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    QSRmagazine.com
BBB Ratings, July, 2012
Alexa Rating---Leasing News #1
Dan McKew to head up Capital One Commercial Lending
Ladco Leasing/Elavon Fined $418,601
- Top Leasing Web Sites---Updated
- Leasing Icon Sudhir Amembal Gets Award
   --Since 1993, Chairman World Leasing Convention
- Paul Weiss, Back in the Saddle
   Re-Joins Leasing News Advisory Board
-
FinPac expands its "App Only" Program to $75k
- Fin Pac Now Accepting Leases in Canada
-
Marlin Amends Wells Fargo Capital Line
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- IFC Credit--Rudy Trebels June 2012 Update
- Sheldon Player June, 2012 Up-Date

- Operation Lease Fleece--Up-Date June 2012
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- Costco to Compete with Community Banks
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- Doing Business with Different Generations
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   Newport Financial Partners, Newport Beach, California
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- Why Leasing News is Different
- Resource America/LEAF Moving in Different Directions

-
Marlin Business Services, Mount Laurel, New Jersey
  Bulletin Board Complaint
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- Future of Mobile Devices
-
Where Millionaires Live in America
- Robert Fine of NorVergence Fame at Signature Bank
- What Happened to Hillcrest Bank Leasing?
- SBA Loans to Franchises
- 10th Anniversary-Two Buck Chuck Still Selling 5 Million Cases
- Charles Schwartz and Allied Health
- "Cigarettes Cheaper" Fraud Sentencing
- Mass Fax Class Action Case against Balboa Capita
- Why I became a CLP
- Puget Sound Leasing/First Sound Bank--It's a Go!
- Brican America---End of the Year 2011 Update
- Copier Wars---It's more than the lease payment
    by Christopher Menkin
- The Non-Broker Trend and Growth of "Lease Portals"
- 5 years+ C & J Leasing Clarence Rice for Embezzlement"
- Results Are In---
   "Application Only" versus Financial Statements?
- A California Leasing Gypsy Arrested by Costa Mesa Police
- Survey of Evergreen Clauses
- Responses to Working with a Smaller Bank Question
- Leasing Gypsies
- Top Ten Cities with the Highest Credit Scores
- OneSource Develops Business License Software
- Talk About Chutzpa, Fanghella has more than Trump
- License Up-Date for Leasing in United States
- Loan/Lease Statute Up-Date
- Three Class Action Suits re: Brican America
- Verifying Tax Returns
- 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
- Settlement Costs Vs. Litigation Costs