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Wednesday, March 9, 2011

Today's Equipment Leasing Headlines

  Leasing News hit by eMail Bomb
   Classified Ads---Sales
High Risk Lenders Use Native American tribes
 by Jeffrey Taylor
  Snowflake Financial---A new angle
   Bulletin Board Complaint
    Classified Ad---Help Wanted
     Ned Roscoe of “Cigarettes Cheaper!” Convicted 28 Counts
  Sales makes it Happen---by Steve Chriest
  "Rising To Your Default Level"
    Leasing News Help Wanted Ads Work
     Equipment OnLine Auctions List
      Lease Portals
         Last Chance--Meet the News Media
        by Christopher "Kit" Menkin (w/latest photo)
         Soon to be Air Force Cadet Kimball
          Grandson Scott with 49er Alex Smith
           Salt Lake City, Utah---Adopt a Dog
            Foremost Bank to pay $10.1 million, plus $250,000 penalty
News Briefs---
 Marlin Reports $5.7MM Year-end/$1.4MM 4th Quarter
  The Alta Group plans worldwide growth
   Are Rule Makers Backing Off New Accounting For Leases?
    ILFC orders 100 Airbus A320neos, 33 Boeing 737s
     Crude oil tops $105 per barrel (as if you didn't know?)
      Facebook to offer movie rentals
        Food Network Chef Guy Fieri Lamborghini Gallardo stolen in S.F
       (In Less than a Minute)

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

  Good Advice: Start an Advisory Board
    You may have missed
     Sports Briefs---
      "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.

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Leasing News hit by eMail Bomb


There was no email received by Leasing News from Monday midnight to Tuesday at 4:30pm, California time, due to being hit by what is described as an "eMail bomb." I wasn’t on the computer until 11:30 am, Tuesday, being out of the office, and when I returned thought it strange no email. Called the internet provider the first time and the recording said they were experiencing email problems. Tried again after thinking about it, and decide to wait my turn in line. After waiting 45 minutes—connected.

Don’t know about the other users, but on Leasing News mail server there was 250,000 undelivered emails notices (wrong addresses) clogging up the system. There were several actions taken, scripts written to attempt to clean it up, and a few email was received after the first 50,000 were deleted, then by the time this was cleared up, another 50,000 had entered, but they would work on it. After the third telephone call, the only way to get it to work was to delete all the email from the server, after the invader was stopped by blacklisting the email address.

If you sent an email and I did not respond, I did not get it. I always acknowledge receiving an email as it follows internet netiquette.

Kit Menkin

"It's always something - if it's not one thing, it's another!"
Miss Roseanne Roseannadanna



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Classified Ads---Sales


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

Cherry Hill, NJ
College grad seeking entry level sales position for equipment leasing and financing in small to mid-size ticket markets. Have 6 months experience in the industry and self-motivated. Contact Matt at 609-280-2178 or
email at mkuzan@gmail.com

California
Aggressive, competitive self-starter with vendor/direct equipment
leasing and asset-based lending experience. Success in business banking sales and financial planning.
Email: dsp559@hotmail.com | Resume

South Central, FL
Years of exp in mid-ticket niched leasing. Not currently in leasing. Seek entry or other position with direct lender. David34983@att.net
Garfield, NJ
15 years experience small to large ticket sales exp. All types of equipment industries. Vendor & direct. Self motivated. Work with leasing company or broker.
Tony Lio tonylio@optonline.net
Marlton, NJ
Over 25 years successful experience, sales and sales management, equipment leasing.  Captive, vendor, bank-oriented.  Mainly mid-ticket.  Willing to travel.
steve.gaul@signsbytomorrow.com phone: 856.985.6400

Minneapolis, MN
16 years leasing experience from micro to large ticket market, variety of equipment. Most recently calling on vendor telecom dealers in Upper Midwest. 
golfadm@yahoo.com

Montgomery, AL
Individual with 10 years advertising sales exp. & 7 years insurance sales exp. Wants independent contractor situation in Alabama.
Work with leasing company or broker. 334-590-5133
E-mail: billmcneal2003@yahoo.com

Orange County, CA
20+ years in leasing sales & sales management.
Have estab. existing remote office with Lessee /Vender following.
Looking for a partnership w/funding source.

shermbp@gmail.com

Northeast/East Coast - Are you looking to expand into the Healthcare Industry? I will train/mentor your sales team and develop a strategy for them to follow. Extensive Healthcare and finance experience. Contact Dmdg02@msn.com
Philadelphia, Pa
16 years small to large ticket sales exp., variety equip. w/vendor & direct. Top performer, building new and existing territories.
Email at phillylease@hotmail.com
Pittsburgh , PA
Aggressive self starter looking for leasing position w/10 plus yrs sales exp., plus banking experience 814-227-4592
mwiser500@hotmail.com

San Francisco Bay Area:
Business Development “Hunter” with transferable book of business in multiple segments: commercial construction, technology, fitness, etc. Years of managerial experience: can also be a “player/coach”.
E-mail: VdrPgmBizDev@aol.com

Tampa, FL
13 years experience in all aspects of small ticket.  Interested in position with direct source or captive.  Resume and references upon request.
kbkmcnerney@yahoo.com
Texas/Oklahoma
15 year lease vet looking for plact to take business.great references. all major equipment types. open to compensation. please contact if interested.
E-mail: bankingdallas@yahoo.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


[headlines]
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High Risk Lenders Use Native American tribes
by Jeffrey Taylor


High risk lenders are developing relationships with Native American tribes to get around state-imposed usury laws.

Because of the sovereign immunity granted to tribes by the U.S. government, they are shielded from interest-rate caps and other payday-loan regulations. Tribal lenders can even lend in the 12 U.S. states where lawmakers have kicked out the rest of the payday-loan industry.

Those advantages are luring American Indian tribes into the payday-loan business, and unleashing a scramble by lenders to team up with tribes. Much like the casino boom that began about 25 years ago, payday loans are emerging as a promising revenue stream for economically struggling tribes, especially those willing to let outside companies piggyback on their freedom from state and U.S. lending laws.

Research indicates that many of the tribes are located in South Dakota, Montana, Oklahoma, and Washington.

Tribes doing business with online lenders made about $420 million in payday loans last year.

Some observers predict that the number of tribes with payday-loan operations eventually could climb close to the 400 that now have casinos.

All it takes to make a deal are a willing tribe and an eager payday lender. The lender usually incorporates on tribal land, agreeing to pay the chief a salary of a few thousand dollars a month.

Most payday lenders have no physical presence on tribal land. To go into business with a tribe, they typically start making loans in the tribe's name from the lender's existing call center.

Sovereign immunity is becoming even more attractive as states crack down on alleged abuses in the traditional payday-loan industry. Seventeen U.S. states have capped interest rates on such loans or banned them entirely. Overall, payday-loan volume fell to $38.5 billion in 2009, down 24% from 2007.

Some payday lenders have tried to avoid interest-rate limits by incorporating in states with no maximum rates, such as Delaware and Utah, and then imposing the higher rates on borrowers throughout the U.S.

That practice suffered a defeat when Pennsylvania's highest court ruled in October that Cash America, the largest publicly traded payday lender by revenue, had to abide by the state's interest-rate and licensing rules even though the company is incorporated in Nevada.

Jeffrey Taylor is the founder of Jeffrey Taylor Group, a holding company for various operating businesses. Taylor is the author of two textbooks for the equipment-leasing industry and his autobiography. His most recent book, Going from W2 to 1099, offers his perspective on starting a new business. Jeffreyarizona@aol.com-602-708-4981


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Snowflake Financial---A new angle
Bulletin Board Complaint


"The 800# that I have on record for him is no longer working. I have a cell # for him, but it never goes to voicemail... was contacted by D.T. Chavis of Snowflake Financial. He sold me hook, line, & sinker on his services. Made me feel confident that even with little credit as well as not needing a large sum of money that he could get it accomplished. So I signed on the line and gave him $350 for his 'engagement fee'. This took place this past November...On 12/7 I received an email that things were being reviewed and should know something in the next 2 weeks. Well Jan. 24th I sent an email expressing how unhappy and disappointed I was with the lack of service I was receiving. After not receiving a response I called the 800# only to discover it was no longer working. I called his cell #, and could tell I caught him off guard. He claimed he never received my email and asked if he could call me back since it was after hours (which several of our initial conversations were in the time frame of my call). So I resent the email on Jan 31st. He didn't ever return my call, but I did get a return email on Feb 2 telling me that I signed an agreement and that he has fulfilled his end of the agreement."


(Leasing News told her she was lucky it was only $350. All she asked was that her lament be published. Editor)



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Leasing Industry Help Wanted


Credit-Treasury Manager
Riverside, California
Maintain relationships w/various lending partners,
source additional funds, for captive to major
distributor of buses. Excellent writing/speaking skills
dreynolds@A-ZResources.com

www.a-zresources.com
A-Z Resources captive affliate to a major business distributor founded in 1975, 150 people, generating over $120 million in combined sales.

Please see our Job Wanted section for possible new employees.


[headlines]
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### Press Release ############################

Ned Roscoe of “Cigarettes Cheaper!” Convicted 28 Counts


SAN JOSE, Calif. – A former owner and officer of “Cigarettes Cheaper!”, which at its height had nearly 800 retail stores nationwide and $1 billion in annual revenue, was convicted by a federal jury yesterday of one count of conspiracy to commit bank fraud and to make false statements to Comerica Bank, 13 counts of bank fraud, and 14 counts of false statements to a bank, United States Attorney Melinda Haag announced. (Company was also into American Express Equipment Finance, LEAF Funding, and GE Capital for millions of dollars, for equipment that did not exist and/or greatly over inflating cost of equipment for store locations, all from the same vendor who dummied the invoices. Editor)

The jury found that Ned Roscoe conspired to defraud and make false statements to Comerica Bank, committed 13 acts of bank fraud, and made 13 false statements to Comerica Bank when, in the Fall of 2003, he knowingly submitted weekly borrowing base reports of inventory with inflated inventory valuations. The jury also found that Roscoe had caused an additional false statement to be made to Comerica Bank when he directed an employee to falsely explain the cause of the inventory inflation. The guilty verdict followed a month-long jury trial before U.S. District Court Judge Ronald M. Whyte.

Co-defendant John Roscoe, also an owner and officer of “Cigarettes Cheaper!” and Ned Roscoe’s father, pleaded guilty on Jan. 21, 2011, to conspiracy to make false statements to Comerica Bank. John Roscoe, 81, resides in Green Valley, Calif.

Evidence at trial showed that Ned Roscoe, 51, of Fairfield, Calif., directed company accountants from Aug. 22, 2003, through Nov. 14, 2003, to inflate the company’s weekly borrowing base reports of inventory submitted to Comerica Bank, eventually inflating the value of “Cigarettes Cheaper!’s" inventory by more than $16 million. The evidence showed that Ned Roscoe did this in order to obtain additional money from Comerica through “Cigarettes Cheaper!’s" $21 million line of credit and to avoid a pay down on the line of credit of $10.7 million. The evidence also showed that Ned and John Roscoe conspired to defraud Comerica Bank and make false statements to the bank. It further showed that Ned Roscoe directed and caused a company accountant to falsely inform Comerica Bank in late November 2003 that the cause of the $16 million in inflated inventory was due to clerical or accounting errors.

Ned and John Roscoe were indicted by a federal grand jury on June 16, 2007. On Sept. 30, 2010, the grand jury returned a second superseding indictment, containing the 28 counts presented to the jury.

The sentencing of Ned Roscoe is scheduled for June 6, 2011, before Judge Whyte in San Jose. No sentencing date has been scheduled for John Roscoe, but one is expected to be set shortly. The maximum statutory penalty for count 1, in violation of 18 U.S.C. § 371, conspiracy to commit bank fraud and to make false statements to a bank, is five years and a fine of $250,000, plus restitution if appropriate. The maximum statutory penalty for counts 2 through 14, in violation of 18 U.S.C. § 1344, and counts 15 through 28, in violation of 18 U.S.C. § 1014, false statements to a bank, is 30 years as to each count, and a fine of $1 million, plus restitution if appropriate. However, any sentence following conviction would be imposed by the court after consideration of the U.S. Sentencing Guidelines and the federal statute governing the imposition of a sentence, 18 U.S.C. § 3553.

Eumi Choi and Grant Fondo are the Assistant U.S. Attorneys who prosecuted the case with the assistance of Kamille Singh. The prosecution is the result of a three-year investigation by the Federal Bureau of Investigation. The FBI initiated its investigation in 2004 after a referral from Comerica Bank.

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

(Leasing Companies also lost money in this, see previous stories:
http://www.leasingnews.org/Conscious-Top%20Stories/cigs_cheap.html )


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Sales Makes it Happen---by Steve Chriest


"Rising To Your Default Level"

Naturally talented salespeople are, among other things, confident. Most of them actually believe that they can use their native intelligence and interpersonal skills to rise to the occasion in dealing with even the most difficult selling situations. Unfortunately, nothing is further from the truth.

It was widely reported, recently, that a five foot, six inches tall female police officer apprehended and handcuffed a six foot, four inch, 240 pound male offender. Incredulous that a comparatively small, female officer could place handcuffs on an angry, six foot four 240 foot tall male, reporters asked her how she managed to do it. She replied, “My training took over and I just acted as I’ve been trained to act in this type of situation.”

I think it’s the same for sales professionals. Although sales people often think they will rise to the occasion in difficult selling situations, that’s not what happens. What happens is that they rise to the level of their training. If they are generally disorganized, and if they rarely plan ahead for important sales calls, this is the default behavior that shows itself in difficult selling situations.

When a leasing prospect asks about the interest rate charged in a lease, the leasing salesperson who is unprepared to discuss the value he and his company brings to the prospect’s business probably pulls out his HP 17BII calculator and begins the attempt to impress the prospect with how to calculate the twenty-four ways of looking at interest rates in a lease. He defaults to his level of training and usually leaves the prospect confused, uncertain, unsatisfied and uncommitted!

If, instead, the salesperson has been taught to articulate the relative importance of interest rates in borrowing, vis-à-vis the other important considerations that impact a borrowing decision, he will default to this method of explanation when confronted with the dreaded interest rate question from prospects and customers.

Sales managers who teach their salespeople how important it is to impress customers with their use of the HP 17BII calculator shouldn’t be surprised when the salespeople use their calculators as their default method of responding to tough questions posed by customers in a tough sales call.

Don’t expect sales professionals, even superstars, to rise to the occasion in all selling situations. If salespeople are trained well, they will generally respond well to tough selling situations. The reality is that a salesperson’s performance always defaults to his level of training.

About the author: Steve Chriest is the founder of Selling UpTM (www.selling-up.com), a sales consulting firm specializing in sales improvement for organizations of all types and sizes in a variety of industries. He is also the author of Selling The E-Suite, The Proven System for Reaching and Selling Senior Executives and Five Minute Financial Analyst, Basic CREDIT & Analysis Tools for Non-Accountants. He was the CEO of a very successful leasing company and executive at a major company. You can reach Steve at schriest@selling-up.com.

Sales Makes it Happen articles:
http://www.leasingnews.org/Legacy/index.html



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Leasing News Help Wanted Ads Work

Help Wanted Web Ad New Programs

Classified Ad Section 
(rotates chronological above headlines and 
also appears in Classified Ad section.) *

15 days in a row:
$395 four lines (a space is a line)
($25 each additional line or space)

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

Design work is free. Logo is free as well as company description not to exceed the number of lines of the ad.
Also free: click 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 in a rotation basis per issue.

* Help Wanted” ads  appear in each issue on a chronological basis above the top headline as a courtesy. This position is not available as a paid position, but is generally on a rotation basis.  At the same time, the ad continues in the classified help wanted section in the news edition and web site, so in effect appears twice.

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


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On Line Equipment Auction List

This is not a list of companies who hold auctions primarily, but those who conduct on line auctions.

asset-auctions.com Online Auctions – Monthly Sales, Weekly Heavy Equipment Auction Every Tuesday. And Bi-Weekly Auctions From The Tennessee Department Of General Services Every Other Tuesday.
auctioneerexpress.com Tractor, Mower, Dump Truck, Mower, Cutter, 13 Tire Roller
eBay.com All types of Equipment
eBaymotors.com Trucks and vehicles
govocon.com Both live and virtual online auction format, light and heavy equipment for the construction and transportation industry
govliquidation.com Mostly trucks and related equipment
HeavyEQ.govdeals.com Heavy Equipment, Truck and Machinery Industry
Online Gov't Surplus Auctions - Over 1,000 Government Clients
ironplanet.com Cranes, Trailers, Equipment Trucks
motleys.com Construction Equipment & Trucks
municibid.com Municibid is an online government auctions website designed specifically for the sale of surplus and forfeited/seized goods directly by the government publicsurplus.com
salvex.com Salvaged equipment for both re-seller and end user.
tractorhouse.com Mostly farm equipment
usgovbid.com Government Online Auctions - Servicing Government Agencies for over a Decade

List of many auction sites for consumer and vehicle:
http://www.100auctionsites.com/

Online Auction Site Review (15 sites)
http://online-auction-sites.toptenreviews.com/


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Leasing Portals

bizwiz.com
businessfinance.com 
capital-connection.com

#1 There are two tiers to the site, one is free, and the other is a subscription for "leads" or "sources". http://www.cfol.com/index.html?content=loginpage The success of Internet portals such as My Yahoo! have inspired companies to develop Enterprise Information Portals (EIPs) as a way to allow business users to access corporate information. 


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Last Chance--Meet the News Media
by Christopher "Kit" Menkin


Kit, 2011

More than likely this will be last chance to find the top three Leasing media editors together: Stuart Papavassiliou, senior editor of the Monitor, Lisa Rafter of World Leasing News and myself. (John Semon was not available due to a scheduling conference.) The event is the National Association Finance Association March 17 Scottsdale, Arizona conference

It is rare that I have time away from writing leasing news and traveling with Sue, and often with our grandkids. Bob Robichaud, CLP, Commerce National Bank will be covering the conference for Leasing News. I will be flying in early Friday afternoon to be at the workshop with the two other editors, then attend the president's reception, and out early the next morning to work on Leasing News for Monday.

I don't see personally attending a conference later in the year due to my schedule, and as readers know, generally Leasing News has a "reporter from the industry" to cover these events. The internet editor’s role is getting out the WebNews.


Susan Carol

Also at the conference will be Susan Carol, well-known finance and leasing public relations expert speaking on Facebook, LinkedIn and other social media technologies.


David Weiner

David Weiner, The Alta Group, giving an oral report to the one to be published in the spring by Equipment Leasing & Finance Foundation on “The Place of the Independent Lessor 2011”. He will be the key speaker on Friday, March 18th at the NEFA luncheon.


Bruce Winter

Bruce Winter, a Broker/Lessor member and former Board Member of NEFA, owner of FSG Leasing, very well known and respected in the industry, will detail his 20 years of consecutive profitability including his actual financial statements---a leasing conference first!!!

And a lot more, but if you want to hear the latest as well as ask questions of the news media, this is your opportunity. It most likely will not happen again for several years.

Not to late to register!

Registration:
https://m360.nefassociation.org/event.aspx?eventID=22839




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Soon to be Air Force Cadet Kimball


Marci Slagle, CLP, of Varilease Finance, Salt Lake City, Utah is proud to announce her daughter McKenna Kimball has been accepted into the United States Air Force Academy with the goal of becoming a flight surgeon. She is graduating high school and will report June 23rd.

mslagle@varilease.com
Marci L. Slagle, CLP
Senior Vice President
Intermediary Relations
Varilease Finance, Inc.
6340 South 3000 East Suite 400
Salt Lake City, UT 84121

 


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Grandson Scott with 49er Alex Smith



At the opening of flag football game season, with his oldest brother Sam, eight years old, on the team, Scott, age two, is restless among the bleachers and finds himself on the lap of 49ers Quarterback Alex Smith lap. Our web designer, Gretchen Gabriel, mother of both Scott, Justin, and Sam, my Sue’s daughter, is also the only female baseball coach in this league. Only in Silicon Valley!!!

And maybe Alex Smith may be back with a new coach and offensive coordinator! Scott liked him!

Scott’s brother Justin:


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Salt Lake City, Utah -- Adopt-a-Dog


Bella
Spaniel Mix
Small, Adult, Female
Spayed/Neutered
Up-to-date with routine shots
Primary color: Black
Coat length: Long

“Bella came from a home with too many animals. She was used for breeding and didn't get the individual attention and affection she deserves. Bella obviously had a rough time and she is a very scared girl. She will hide until she gets comfortable, which can take some time. Bella isn't trying to be difficult; she just wants to be sure you are one of the good guys before putting her trust in you. Bella deserves a person or family who will be patient with her as she learns what it means to be a normal dog. AGE: 3 years WEIGHT: 12 lbs. Please come meet Bella and our other adoptable dogs at 1955 North Redwood Road. Tuesday - Friday 10:00 AM - 6:00 PM or on Saturday 10:00 AM - 5:00 PM”

Utah Animal Adoption Center, Salt Lake City, UT
801-355-PETS (7387)
rosebentley@gmail.com
http://www.utahanimaladoptioncenter.org/

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/

Comprehensive personal property tax outsourcing services
We accept file exports and integrate personal property tax information with all lease management or accounting software. No other firm offers the combination of individual attention, software capabilities expertise, "full disclosure" and web port accessibility to information more than we do.

Click here to learn what our clients say about our service
Gary DiLillo, President 216-658-5618 or gary@avptc.com


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

Foremost Bank to pay $10.1 million, plus $250,000 penalty


The Federal Deposit Insurance Corporation (FDIC) announced a settlement with World's Foremost Bank, Sidney, Nebraska (WFB), for alleged unfair and deceptive practices in violation of Section 5 of the Federal Trade Commission Act as well as violations of the Truth in Lending Act in connection with WFB's credit card programs. Under the settlement, WFB has agreed to stipulate to a Consent Order, provide restitution of approximately $10.1 million to current and former cardholders; and pay a civil money penalty of $250,000.

The FDIC determined that WFB did not operate its credit card programs in an appropriate manner with regards to certain over limit fees, credit line decreases, minimum payments due, late fees, penalty interest rates, notices to customers, and collection practices. The Consent Order, in part, requires WFB to correct the violations of law, develop appropriate policies and procedures to ensure future compliance, and effectively monitor third-party agreements and activities.

In agreeing to the issuance of the Consent Order, WFB does not admit nor deny any liability. A copy of the FDIC's Consent Order, Order to Pay Restitution and Order to Pay issued against WFB is attached.

Consent Order and Order to Pay”
http://leasingnews.org/PDF/ForemostBankConsentOrder.pdf

Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's 7,657 banks and savings associations and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. The FDIC receives no federal tax dollars – insured financial institutions fund its operations.

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

(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----

Marlin Reports $5.7MM Year-end/$1.4MM 4th Quarter

The Alta Group plans worldwide growth

ILFC orders 100 Airbus A320neos, 33 Boeing 737s

Are Rule Makers Backing Off New Accounting Standards For Leases?

Crude oil tops $105 per barrel

Facebook to offer movie rentals

Food Network Chef Guy Fieri Lamborghini Gallardo stolen in S.F.
(In Less than a Minute)






You May have Missed---

Good Advice: Start an Advisory Board
http://www.cfo.com/article.cfm/14561033/c_14561137

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)

 


Sports Briefs----

The Huddle
http://content.usatoday.com/communities/thehuddle/index

((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)



“Gimme that Wine”

Cecchetti Wine Co. expands 2010 sales to nearly $10M
http://www.bizjournals.com/sanfrancisco/news/2011/03/07/cecchetti-wine-co-expands-2010-sales.html

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


[headlines]
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This Day in American History

   1451-Amerigo Vespucci, Italian navigator, was born. The continents of America were named after him ( America is the latin version of his name used on maps in its day.)Italian navigator, merchant and explorer for whom the Americas were named. He participated in at least two expeditions between 1499 and 1502 which took him to the coast of South America. Vespuccis expeditions were of great importance because he believed that he had discovered a new continent, not just a new route to the Orient. Neither Vespucci nor his exploits achieved the fame of Columbus, but the New World was to be named for Amerigo Vespucci by an obscure German geographer and map maker, Martin Waldseemuller. Ironically, in his work as an outfitter of ships, Vespucci had been personally acquainted with Christopher Columbus
    1728---During the course of the Anglo-Spanish War, a military force of English settlers from the South Carolina colony conducts an expedition deep into Spanish controlled Florida to destroy a Yamassee Indian village close to the Spanish settlement of St. Augustine.
    1781 - The siege of Pensacola Florida begins. The Spaniard, Gov. Gen. Bernardo Galvez y Gallardo, conde de Galvez, had just completed a very successful campaign against the English in New Orleans, Natchez, and Baton Rouge. Indeed, this leader showed his brilliance from the outset of this campaign. As Galvez had his 14 ships ready to attack at Baton Rouge (1779), a great storm struck sinking most of his ships and destroying their provisions. Undaunted, he recovered cannon from the sunken ships, built a shore battery, and attacked the fort. He succeeded where lesser leaders would have confessed failure. At Pensacola the English general had made a weak attempt to help the troops on the Louisiana coast, but he sent so few of his own troops with such weak instructions they were quickly dispatched. Even as the Spanish fleet massed off Santa Rosa Island the English general did not believe they would attack. He failed to grasp the importance of Pensacola as the key to Naval supremacy in the Gulf of Mexico. Galvezhad a firm grasp of this key fact. When Galvez landed his troops on Santa Rosa Island 1400 troops were landed onto Santa Rosa Island. When Galvez's ships first massed for the entrance into the harbor, a hurricane struck. Great skill in fleet handling and, pre-planning for such, took the large number of ships out to sea for protection and then quickly back on station still ready to "run the guns" of the Royal Navy Redoubt (fort) at Red Cliffs (about 7 miles SW of Pensacola) with minimal losses. Galvez personally took command of a small ship (the brig Galveztown) and led the others under the guns by first going through alone. In doing so he had exposed a flaw in the design of the batteries on the Red Cliffs fort. Although some 140 heavy shot had been fired from the fort the fleet suffered little damage. The big guns could not be lowered enough to hit ships very near them. The English General had miscalculated. Galvez's ship soon fired on the small Fort Half Moon and struck the powder magazine. His men captured several English sloops, 2 small warships and a frigate, the Port Royal (the English burned the frigate Mentor to avoid it's capture!). With all these ships in skirmishing actions, some have written of the Naval victory at Pensacola. It was strictly a land victory with the Navy there in large numbers to protect against English reinforcements from the sea. This marks the beginning of the siege of Pensacola that will continue until 9 May.
    1793 - Jean Pierre Blanchard made the first balloon flight in North America. President George Washington watched aeronaut Jean Pierre Blanchard make the first aerial voyage in the New World.
    1832 - Abraham Lincoln, of New Salem, Illinois, announced he was running for political office for the first time. He campaigned for a seat in the Illinois state legislature. ‘Honest Abe' did not win, but less than thirty years later, he become President of the United States.
    1841-The Supreme Court issued a ruling on March 9, 1841, freeing the remaining 35 survivors of the Amistad mutiny. Although seven of the nine justices on the court hailed from Southern states, only one dissented from Justice Joseph Story's majority opinion. Private donations ensured the Africans' safe return to Sierra Leone in January 1842.
http://memory.loc.gov/ammem/today/mar09.html
    1847 - During the Mexican-American War, U.S. forces under General Winfield Scott invade Mexico three miles south of Vera Cruz. Encountering little resistance from the Mexicans massed in the fortified city of Vera Cruz, by nightfall the last of Scott's 10,000 men came ashore without the loss of a single life. It was the largest amphibious landing in U.S. history and not surpassed until World War II. The Mexican-American War began with a dispute over the U.S. government's 1845 annexation of Texas.
    1858-Albert Potts of Philadelphia, PA, received a patent on his invention of a street letter box, “ a mode of attaching metallic letter-boxes.” The box had c enter hole through which the shaft of an ordinary cast-iron lamppost was placed. Boxes were erected on August 2, 1838, in Boston and New York City.
    1861-Confederate paper money was issued under the Confederate States Act at Mobile, Alabama, authorizing $1 million in treasury notes in denominations of $50, $100, $500 and $1,000. The $50 note feature three African-Americans slaves in a field, two of them hoeing; the $100 note, a train of cars at a depot, at the right, and Liberty standing, at the left; the $500 note, a rural scene with cattle wading in a brook, and the $1,000 note, busts of Andrew Jackson and John Caldwell Calhoun.
http://www.albany.edu/jmmh/vol3/facevalue/facevalue.html
    1862--Two ironclad ships, the Union's Monitor and the Confederacy's Merrimac (renamed Virginia), battled at Hampton Roads, VA. The "History Channel" has a great documentary on this, and the change from wooden ship hulls to metal hulls. The conflict took place at Hampton Roads, Virginia. The Monitor was a 172-foot Union ship with a crew of 58 under the command of Lieutenant John Lorimer Worden, who was partially blinded by a shot while observing action and was superseded by Lieutenant S. Dana Greene. I that been designed by John Ericsson and had a revolving gun turret. The Merrimac was a 175 foot Confederate ship with a crew of 300 under command of Captain Franklin Buchanan, who was wounded and superseded by Lieutenant Catseby ap Roger Jones. It was a scuttled Union steam frigate that had been salvaged and armored by the Confederates and renamed the Virginia. The battled ended with the sinking of the Merrimac.
    1903-Blues singer/pianist Georgia White born Sandersville, GA.
http://bluesland.net/thang/GeorgiaWhite.html
http://www.theiceberg.com/artist/25959/georgia_white.html
http://ubl.artistdirect.com/music/artist/bio/0,,513828,00.html?artist=Georgia+White
http://www.mnsi.net/~phlegm/railroad_blues.html
    1916 - In the early morning of March 9, 1917, several hundred Mexican guerrillas under the command of Francisco "Pancho" Villa cross the U.S.-Mexican border and attack the small border town of Columbus, New Mexico. Seventeen Americans were killed in the raid, and the center of town was burned. It was unclear whether Villa personally participated in the attack, but President Woodrow Wilson ordered the U.S. Army into Mexico to capture the rebel leader dead or alive.In January 1917, having failed in their mission to capture Villa, and under continued pressure from the Mexican government, the Americans were ordered home. Villa continued his guerrilla activities in northern Mexico until Adolfo de la Huerta took power over the government and drafted a reformist constitution. Villa entered into an amicable agreement with Huerta and agreed to retire from politics. In 1920, the government pardoned Villa, but three years later he was assassinated at his ranch in Parral.
    1918- “hard boiled” detective writer Mickey Spillane Birthday. He followed the time line of Dashiell Hammet and Raymond Chandler.
http://www.interlog.com/~roco/hammer.html
http://www.kirjasto.sci.fi/spillane.htm
    1909-Birthday of rich, full tone tenor saxophone player Herschel Evans, born Denton, Texas. He created the “tough Texas tenor” sound. With County Basie from 1936-39 and quite a contrast with tenor player Lester Young.. On February 9, 1939, at the age of thirty, he died of heart disease in New York City.
http://www.tsha.utexas.edu/handbook/online/articles/view/EE/fev3.html
http://www.vh1.com/artists/az/evans_herschel/bio.jhtml
    1931 - Cab Calloway's theme song, "Minnie the Moocher," was recorded on this date in New York. Not until 1978 was it revealed that his single recording had ultimately sold 2.5 million copies, making it the longest million-seller "sleeper" after 47 years.
    1932-Birthday of singer Keely Smith.
http://www.artistdirect.com/music/artist/bio/0,,494640,00.html?artist=Keely+Smith
    1933- Singer Lloyd Price, an important figure in New Orleans rock 'n' roll, was born in the Louisiana city. He first hit the charts in 1952 with "Lawdy Miss Clawdy," a song originally designed to be used as a radio commercial. The piano player on the record was Fats Domino. After two years in the armed forces, Price resumed his recording career with "Just Because," which hit the charts in early 1957. The following year he had his only number-one hit, "Stagger Lee," which he wrote with his manager, Harold Logan. Price's other hits include "Personality" and "I'm Gonna Get Married."
http://rockhall.com/hof/inductee.asp?id=172
http://www.garycape.com/price.htm
http://www.history-of-rock.com/price.htm
    1935--Birthday of Keely Smith, pop vocalist, best known number "That Old Black Magic."
She began her career singing with the Louis Prima band, where they became the "Queen
and King" of Las Vegas, Nevada.
    1938 - Comedian Bob Hope makes his first film appearance, singing "Thanks for the Memories" in The Big Broadcast of 1938. He made more than 700 trips to American military bases and hospitals around the world, entertaining some 10,000 troops. These efforts earned him five special Academy Awards and the nickname "Mr. Humanitarian." President John F. Kennedy once called him "America's most prized ambassador of goodwill throughout the world," and the United States Congress made him an "honorary veteran" in 1997-an unprecedented gesture. Hope has won more than 2,000 awards and citations, including 54 honorary doctorates, an honorary knighthood, and a Presidential Medal of Freedom. In 1985, he was awarded the prestigious Kennedy Center Honors for Lifetime Achievement. His accolades earned him the title "Most Decorated and Honored Entertainer" in the Guinness Book of Records.
    1942-Tommy Dorsey records Elman-Peterson trumpet battle “Well, Git it.”
    1943-the temperature at Lac Frontiere, Maine fell to 40 degrees below zero. This is the coldest ever in March in New England.
    1944- Canadian blues-rock singer and harmonica player King Biscuit Boy, whose real name is Richard Newell, was born in Hamilton. He released several LPs of his own in the 1970's, as well as appearing on recordings by Ronnie Hawkins, Crowbar, April Wine and the Electric Flag. Died Jan. 5, 2003.
http://www.canoe.ca/JamMusicPopEncycloPagesK/king_biscuit.html
http://www.spots.ab.ca/~jam/Scans/KBB.html
http://therealthing.com/kingbiscuitboy/
    1945- the Japanese capital of Tokyo was bombed by 343 Super fortresses carrying all the incendiary bombs they could hold. Within the targeted areas of the city, population densities were four times greater than those of most American cities, and homes were made primarily of wood and paper. Carried by the wind, the fires leveled 16 sq miles. More than a quarter million buildings were destroyed, including 18% of the industrial area. The death toll was 83,000; 41,000 were injured. For the balance of the war American strategic bombing followed this pattern. The bombing of Germany was also changed to incendiary as the military learned the fire aftermath caused great more damage than regular bombs.
    1951-HARVEY, RAYMOND "Medal of Honor"
Rank and organization: Captain, U.S. Army, Company C, 17th Infantry Regiment. Place and date: Vicinity of Taemi-Dong, Korea, 9 March 1951. Entered service at: Pasadena, Calif. Born: 1 March 1920 Ford City, Pa. G.O. No.: 67, 2 August 1951. Citation: Capt. Harvey Company C, distinguished himself by conspicuous gallantry and intrepidity above and beyond the call of duty in action. When his company was pinned down by a barrage of automatic weapons fire from numerous well-entrenched emplacements, imperiling accomplishment of its mission, Capt. Harvey braved a hail of fire and exploding grenades to advance to the first enemy machine gun nest, killing its crew with grenades. Rushing to the edge of the next emplacement, he killed its crew with carbine fire. He then moved the 1st Platoon forward until it was again halted by a curtain of automatic fire from well fortified hostile positions. Disregarding the hail of fire, he personally charged and neutralized a third emplacement. Miraculously escaping death from intense crossfire, Capt. Harvey continued to lead the assault. Spotting an enemy pillbox well camouflaged by logs, he moved close enough to sweep the emplacement with carbine fire and throw grenades through the openings, annihilating its 5 occupants. Though wounded he then turned to order the company forward, and, suffering agonizing pain, he continued to direct the reduction of the remaining hostile positions, refusing evacuation until assured that the mission would be accomplished. Capt. Harvey's valorous and intrepid actions served as an inspiration to his company, reflecting the utmost glory upon himself and upholding the heroic traditions of the military service. 
    1956---Top Hits
Lisbon Antigua - Nelson Riddle
Why Do Fools Fall in Love - Frankie Lymon & The Teenagers
Hot Diggity (Dog Ziggity Boom) - Perry Como
I Don't Believe You've Met My Baby - The Lovin' Brothers
    1956-a whopping 367 inches of snow was measured on the ground at the Rainier Park Ranger station in Washington. The snow depth was a state record and the second highest total of record for the US
    1957-Fats Domino had the number 1 record on the Billboard R&B singles chart with "I'm Walkin'", which had just replaced his own, "Blue Monday". Domino would keep the Top 40 hits coming for the next 5 years before fading to the oldies tours. 
    1958-Cannonball Adderly, with Miles Davis, cuts “Somethin' Else” album (BN 1595).
    1959-Barbie Debuts. The popular girls' doll debuted in stores. More than 800 million dolls have been sold.
    1959 - Jack Paar was on the cover of "LIFE" magazine. The article on him said he was accused of “keeping the U.S. up nights.” He had a late night television show on NBC with show regulars, Dody Goodman, Alexander King, Cliff Arquette, announcer Hugh Downs and bandleader Jose Melis.
http://www.life.com/Life/covers/1959/cv030959.html
    1960 -a winter storm produced a narrow band of heavy snow from north central Kentucky into Virginia and the mountains of North Carolina. Snowfall totals ranged from 12 to 24 inches with drifts up to 11 feet high in western Virginia
    1961-Clifton Reginald Wharton sworn in as ambassador to Norway. American lawyer and ambassador who was the first African American to enter the Foreign Service and the first African American diplomat to head a United States delegation to a European country.
    1961- "I Want a Guy," the first Supremes' single under that name, was released. The Supremes had previously recorded as the Primettes.
    1961-The Beatles make their first of over 300 appearance at Liverpool's Cavern Club. The group had played the venue in the past as The Quarry Men.
    1964--Capitol Records releases a song called "Letter to the Beatles" by The Four Preps. The lyrics describe a boy lamenting the fact that he's lost his girlfriend to The Fab Four. On its first day, the record shot to #85 on the Billboard Hot 100 and it looked like The Preps were going to have another hit on their hands. Unfortunately they had included a few bars from "I Want to Hold Your Hand" without permission and Capitol was forced to withdraw the single to avoid a lawsuit. These days you can still find the song on YouTube.  
    1964---Top Hits
I Want to Hold Your Hand - The Beatles
She Loves You - The Beatles
Please Please Me - The Beatles
Saginaw, Michigan - Lefty Frizzell
    1964-Five Sioux led by Richard McKenzie took over Alcatraz Island in San Francisco Bay, off San Francisco, California. The demanded the establishment of a cultural center and university on the island. The occupation lasted four hours. On November 20,1969, these demands were raised again by Richard Oakes and a group of about 100 Native Americans, mostly college students, who began an organized occupation of Alcatraz that lasted 19 months. Alcatraz today is a national monument, quite a tourist attraction, too.
    1965- Three white Unitarian ministers, including the Rev. James J. Reeb, were attacked with clubs on the streets of Selma, Alabama, while participating in a civil rights demonstration. Reeb later died in a Birmingham, Alabama hospital.
http://www.uua.org/news/reeb/nyt030800.html
http://www.uua.org/news/2002/selma/inscriptions.html
    1966 -Andrew Brimmer becomes 1st black Governor of Federal Reserve Board.
http://www.umass.edu/economics/Staff/brimmer.html
http://www.horatioalger.com/members/member_info.cfm?memberid=bri74
    1968-Grammy Awards are presented to The Fifth Dimension for "Up, Up and Away" - Record of the Year and Best Performance by a Vocal Group. The Beatles' "Sgt. Pepper's Lonely Hearts Club Band" is named Album of the Year, Best Contemporary Album, Best Engineered Record and Best Album Cover, Graphic Arts.
    1969-JACOBS, JACK H. Medal of Honor
Rank and organization: Captain, U.S. Army, U.S. Army Element, U.S. Military Assistance Command, Republic of Vietnam. Place and date: Kien Phong Province, Republic of Vietnam, 9 March 1968. Entered service at: Trenton, N.J. Born: 2 August 1945, Brooklyn, N.Y. Citation: For conspicuous gallantry and intrepidity in action at the risk of his life above and beyond the call of duty. Capt. Jacobs (then 1st Lt.), Infantry, distinguished himself while serving as assistant battalion advisor, 2d Battalion, 16th Infantry, 9th Infantry Division, Army of the Republic of Vietnam. The 2d Battalion was advancing to contact when it came under intense heavy machine gun and mortar fire from a Viet Cong battalion positioned in well fortified bunkers. As the 2d Battalion deployed into attack formation its advance was halted by devastating fire. Capt. Jacobs, with the command element of the lead company, called for and directed air strikes on the enemy positions to facilitate a renewed attack. Due to the intensity of the enemy fire and heavy casualties to the command group, including the company commander, the attack stopped and the friendly troops became disorganized. Although wounded by mortar fragments, Capt. Jacobs assumed command of the allied company, ordered a withdrawal from the exposed position and established a defensive perimeter. Despite profuse bleeding from head wounds which impaired his vision, Capt. Jacobs, with complete disregard for his safety, returned under intense fire to evacuate a seriously wounded advisor to the safety of a wooded area where he administered lifesaving first aid. He then returned through heavy automatic weapons fire to evacuate the wounded company commander. Capt. Jacobs made repeated trips across the fire-swept open rice paddies evacuating wounded and their weapons. On 3 separate occasions, Capt. Jacobs contacted and drove off Viet Cong squads who were searching for allied wounded and weapons, single-handedly killing 3 and wounding several others. His gallant actions and extraordinary heroism saved the lives of 1 U.S. advisor and 13 allied soldiers. Through his effort the allied company was restored to an effective fighting unit and prevented defeat of the friendly forces by a strong and determined enemy. Capt. Jacobs, by his gallantry and bravery in action in the highest traditions of the military service, has reflected great credit upon himself, his unit, and the U.S. Army.
    1969-- the Smothers Brothers television show was cancelled by CBS after the brothers refused to censor a comment made by Joan Baez on one of her songs. She wanted to dedicate the song to her husband, David, who was just about to go to jail for objecting to the draft. An edited version of the show was broadcast later in the month.
    1970-Having recently changed their name from Earth to Black Sabbath, Ozzy Osbourne, Tony Iommi, Geezer Butler and Bill Ward make their concert debut at The Roundhouse in the North London district of Camden Town.
    1972-In what will become a trend, pop artists unite to perform for a presidential candidate: Carole King, James Taylor and Barbara Streisand among others, play a benefit show for Democratic presidential hopeful George McGovern at the Forum in Los Angeles
    1972---Top Hits
Without You- Nilsson
Hurting Each Other - Carpenters
Down by the Lazy River - The Osmonds
Bedtime Story - Tammy Wynette
    1974 - Terry Jacks was starting the second week of a three-week stay at the top of the pop charts with "Seasons in the Sun". Other musical newcomers: Jefferson Starship, Billy Joel, Kiss, Olivia Newton-John, Kool & the Gang and The Steve Miller Band.
    1976-Queen's breakthrough album, "A Night at the Opera," is certified Gold.
    1977-The Jacksons TV show aired for the final time on CBS-TV, finishing dead last in the ratings. 
    1977-Fleetwood Mac's "Rumours" becomes their second album to go platinum since the addition of Stevie Nicks and Lindsey Buckingham
    1979-ABC-TV shows the rock documentary, "Heroes of Rock & Roll," narrated by Jeff Bridges and featuring clips of Buddy Holly, Chuck Berry, Elvis Presley, the Beatles, Rolling Stones, Bob Dylan, Elvis Costello and others.
    1980---Top Hits
Crazy Little Thing Called Love - Queen
Longer - Dan Fogelberg
Desire - Andy Gibb
My Heroes Have Always Been Cowboys - Willie Nelson
    1985 - "Gone With The Wind", the most requested movie in history, went on sale at video stores across the United States for the first time. The tape cost $89.95. The film, starring Clark Gable and Vivien Leigh, cost $4.5 million to make, but has earned over $400 million, making it one of the biggest money-making films in history. "
    1985-REO Speedwagon returned to Billboard's top spot with "Can't Fight This Feeling". 
    1987 - Gale force winds ushered arctic air into the north central U.S. Some places were 50 degrees colder than the previous day. Northeast winds, gusting to 60 mph, produced 8 to 15 foot waves on Lake Michigan causing more than a million dollars damage along the southeastern shoreline of Wisconsin.
    1987- U2's "The Joshua Tree," which sold nearly six- million copies in the US alone, was released. The compact disc version of the album became the first CD to sell one-million copies in the US. It contained U2 classics like "I Still Haven't Found What I'm Looking For," "With Or Without You" and "Where The Streets Have No Name."
    1988---Top Hits
Father Figure - George Michael
Never Gonna Give You Up - Rick Astley
I Get Weak - Belinda Carlisle
Face to Face – Alabama
    1989 - Twenty-two cities in the southwestern U.S. reported new record high temperatures for the date. In New Mexico, afternoon highs of 72 at Los Alamos, 76 at Ruidoso, and 79 at Quemado, were records for March.
    1992 -the first 9 days of March in Cincinnati, Ohio were very warm. The temperature averaged 58.7 degrees -- or 21.0 degrees above normal!! Within this 9 day stretch, high temperatures were 70 degrees or above on 5 consecutive days. Never before had this occurred so early in the season.
    1994-Top Hits
The Sign- Ace Of Base
The Power Of Love- Celine Dion
Whatta Man- Salt-N-Pepa Featuring En Vogue
Without You/Never Forget You- Mariah Carey
    1995 With a vote of 28-0, the major league owners admit two new teams, the Arizona Diamondbacks and Tampa Bay Devil Rays. The teams will be assigned leagues in January of 1997.
    1996- "One Fine Day" by Mariah Carey and Boys II Men topped the Billboard Hot 100 singles chart for the 15th week, a record for the rock era. The old record of 14 weeks was shared by Whitney Houston's 1992 hit "I Will Always Love You" and Boys II Men's 1994 smash "I'll Make Love To You."
    1998-In San Francisco, the bicycle bandits, Edwin James Rowan III (39) and Raymond V. Lopez (46) were arrested after robbing the California Federal Savings Bank on the 4000 block of Geary. They were suspected of robbing 12 North Bay banks and using bikes as get-away vehicles.

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