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Seeking originators with 5+ years small ticket and/or
middle market experience and with established
customer and vendor relationships. Remote
office and on site positions are available.

Please send resumes to: jobs@teqlease.com
Attn: Mike Lockwood or Russ Runnalls CLP
www.TEQlease.com

Friday, May 14, 2010


1947

Trumpet Player Al Porcino born May 14, 1925 New York City, New York. He has played lead trumpet with the great bands Count Basie, Woody Herman, Stan Kenton and many others. In 1957, moved to Los Angeles where he was in demand as studio musician as lead trumpet player for Frank Sinatra, Ray Charles, among many others; moved to Germany in 1990 and played Europe.
http://www.youtube.com/watch?v=ilc0lcjE5qg


Headlines---

  Pictures from the Past, 1977: Kalinski-Menkin
   Classified Ads---Senior Management
Kingsbridge Files Against Allied Health for $1 Million
 Gary Souverein invites you to Fort Collins, Colorado
  Odessa Up-dates Software List
   Classified Ads---Help Wanted
New Hires---Promotions
 Robin Hood/Mother and Child
  The Girl on the Train/Valentine’s Day/Walkabout

   Movie/DVD Reviews by Fernando Croce
 The 2010 San Francisco International Film Festival
  Scottsdale, Arizona---Adopt-a-Dog
   Classified ads—Re-Sellers
    San Francisco Valley Leasing Short Story Collection
News Briefs---
 Mortgage rates fall to 2010 low
  Senate passes amendment debit/credit card swipe fees
   Foreclosure to rise as banks work on backlogs
    Fewer small businesses seeking loans
     Nordstrom posts strong sales, profit in 1st quarter
   ‘Law & Order’ Series Said to Be in Jeopardy
    You May have Missed--
      Sports Briefs---
       "Gimme that Wine"
    Today's Top Event in History
     This Day in American History
      Barry S. Marks, Esq. Poem
    “Covenant”
       SuDoku
      Daily Puzzle
     GasBuddy
   Weather, USA or specific area
     Traffic Live----


######## surrounding the article denotes it is a “press release”


((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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Pictures from the Past, 1977: Kalinski-Menkin


1977

James J. “Jim” Kalinski, General Partner,

Christopher “Kit” Menkin, Managing Partner
American Leasing,
Santa Clara, California

 

[headlines]
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Classified Ads---Senior Management

Europe
25+ yrs exper. management roles Chase, AT&T Capital, Heller Financial, SFS. Develop biz from “scratch to success”. Looking for challenging & pioneering job.
Email: frans@alliedproperty.net

Northeast
CFO/Controller/IT Director. 24 yrs. exp; Accounting, Finance, Securitizations, Systems,  all areas. exp with large & small co's. , Great value added. Willing to relocate. gosween@comcast.net
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
Philadelphia Metro Area - 30 Years experience Healthcare sales/ management- 3 years experience newly create "small-ticket" healthcare division.
Good success - Mitch Utz
215-460-4483
Email: mitutz@msn.com

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


For a full listing of all “job wanted” ads, please go to:
http://www.leasingnews.org/Classified/Jwanted/Jwanted.htm

Other e-Mail Posting Sites:
http://www.leasingnews.org/Classified/Posting_sites.htm


[headlines]
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Kingsbridge Files Against Allied Health for $1 Million




As information is coming in from many leasing companies who do not want to be quoted concerning the slowness of Allied Health Care Services, Inc., 89 Main St., Orange, New Jersey, Kingsbridge Holding, LLC, Lake Forrest, Illinois, has filed a suit against Allied for $1,051,207.74 plus attorney and court fees. This is from a lease discounted to them by ACC Capital, then located in Salt Lake City, Utah, making it schedule 9, part of a master lease.

Since February 19th, 2010, Leasing News has spoken to over 50 lessors, including banks, with leases with Allied (see UCC's are there are hundreds of filings) as well as 20 or more who had seen the package and turned it down. There were several who did more than one lease, perhaps as ACC and also reported by:

Rick Wilbur wrote Leasing News that his company Charter Capital, Scottsdale, Arizona has " done business with Allied for over five years. We’ve closed over 90 separate deals for in excess of $19 million."

Gary Saulter of Chase Industries says he has done millions for Allied in the last ten years. "I know exactly what the equipment is, what is does, and where it all is. We did inspections on all his recent deals."

Larry LaChance, CLP, Northborough, Massachusetts says, "Have multiple lease schedules with 7 figure exposure. Started relationship back in 2004 and Allied has never been late or missed a payment on any schedules."

There are other recent ones in the $5 million range, as well as many smaller banks scattered around the United States with million dollar leases.

Many have been reporting slowness, and Dun & Street has a few, but not many, or even equal to the calls received by Leasing News, one reportedly with an ACH bank account closed.

The founder and president, Charles Schwartz, who personally guaranteed all the leases, did not return telephone calls or emails.

The corporate secretary Sherrie L Mulligan mail box was full.

Ray Butler, Butler president of Amsource Capital, Lewisville, Texas, who was reportedly coordinating new lease applications, told Leasing News:

"The last time I spoke with Chuck he told me he was in final negations with a new bank to replace Sun Bank and that everything should be back on track to catch up past due payments by June 1st. I knew Allied was behind anywhere from 30 to 90 days with some lenders but did not know any had formally defaulted their loans."

According to the Kingsbridge Holdings lawsuit Allied was late with their December, January, and February payments, and had not made their March, April, or May payment for 200 Lifecare LPV 102 Ventilators, which were purchased at $5,000 a piece (reportedly "reconditioned") as all the leases were for this equipment at the same price from the same vendor, Donner Medical Marketing, Berkeley Heights, New Jersey (more about the vendor and equipment on Monday in Leasing News).







From various leasing companies, including recent ones who had seen financial and tax returns, they were told that Allied had approximately 3,450 Ventilators primarily rented in the New Jersey and New York area (no sales tax or personal property tax on the equipment, verified by state code) as well as no site inspections, except at the Allied place of business, due to HIPPA requirements, they were told.

Reportedly they were told Allied had 1,450 to 1,475 patients and most have 2 to 3 units each for back-up. It appears they were being paid by insurance companies at $1,050 per unit, which works out to be $3,622,500 a month or $43,470,000 per year. If the units cost $5,000, it could also compute that after five months, the units were paid for. Medicare patients are required to own the machine at the end of a specific term when rented.

In three month research, the same model unit could be purchased from $995 to $1250. There were some units at $895, but was told they needed work and would be more useful for parts, that single units at $995 was a great rate, and $1250 more the average.

Exact units could be rented from $350 to $295 a month, or $200 a month for 12 months; “ Rental Includes: All accessories, performance verification inspections, electrical safety checks, service and loaner replacement equipment. Freight/Material Handling not to exceed $ _________. Discounts subject to payment within normal credit terms.” There also was a rent-to-own: “12 months @ $256.00 Customer owns unit.” (1)


It is interesting to note from the Kingsbridge suit that the residual is "fair market value." In most of the cases seen by Leasing News, the leases were "capital leases" with a $1.00 or a nominal value.

This should also not be viewed as accurate as all the lease contracts and terms were not seen, so there may be many others, and how that was treated by Allied Health Care Services for tax purposes is another question.

Monday: Donner Medical and the LPV 120

(1) http://leasingnews.org/photos/DonnerInvoice.jpg

Kingsbridge Suit:
http://leasingnews.org/PDF/kingsbridge_main.pdf
http://leasingnews.org/PDF/kingsbridge_part1.pdf
http://leasingnews.org/PDF/kingsbridge_part2.pdf

First Two Month UCC Filings:
http://leasingnews.org/PDF/UCC_AlliedHealthMay10.pdf

Last Three Year UCC (429) Filings:
http://leasingnews.org/PDF/UCCFilings3yearsMay10.pdf

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Gary Souverein invites you to Fort Collins, Colorado


"For those of you missing the winter season, come visit Pawnee Leasing,” says Gary H. Souverein, President/COO. “Here is our office this morning and its still snowing!"

Of course, it is warm inside:


(photo from our archive of Gary at his desk)

Gary notes Pawnee has introduced a competitive B+ Credit leasing product to all of its approved broker sources.

"We introduced the B+ as there is a vacuum in this market due to "A" funders all going upstream in credit quality (i.e. moving FICO minimums to +/-725) coupled with the departure of so many "B" funders, such as Pentech, Pinnacle, Evans, Radiance, and others, on you Leasing News List," He said. “In small-ticket, it’s the single most asked question..."who's doing 640-725 FICO deals at decent rates?" Defining "decent" is different to everyone but we think our risk-based B+ program pricing ranging from 14-26% is competitive to this market space in the present point of the credit cycle."

There are very few, perhaps two or three companies, who continued to do “Start-Up” and "B" Credit transactions exclusively from a national network of brokers/lessors, particularly to a wide range of equipment and businesses that find any financing almost impossible to do in today's marketplace.

Gary H. Souverein
President/COO
Pawnee Leasing Corporation
700 Centre Avenue
Fort Collins, CO  80526
(800) 864-4266 ext. 222
(970) 482-2666 (Fax)


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Up-dates Software List

26
Odessa Technology, Inc
1998
Corporate Headquarters
2000 Market Street, Suite 1840
Philadelphia, PA 19103
(215) 231-7170


www.odessatech.com
140

Madhu Natarajan, CEO
Jim Humphrey, VP Sales and Marketing

LeaseWave™ End to End Lease Management System
-Completely Browser based
True Service Oriented Architecture
-Flexible and Customizable
-Asset Based Design

Privately Held

Winthrop Resources (Sub of TCF Bank)
Altec Capital
ICON Capital
NCMIC Finance
Merchants Leasing and Fleet Management

Full Software List:
http://www.leasingnews.org/Ag_leasing/software.htm

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Leasing Industry Help Wanted

Sales

Interviewing Leasing Professionals With Proven Track Record and Established Book of Business. Envision Provides: 1) Established Funding Sources, 2) Fun Working Environment, 3) Full Benefits (Health Insurance, 401k), 4) Aggressive Commission Structure.
Resumes To: careers@envisioncapitalgroup.com, Contact: Jeff Edwards (949) 225-1712

Envision Capital Group is dedicated to providing the best in class products and service to our employers, customers, vendors and partners in the small and middle ticket commercial finance industry. With over 50 years of combined experience we have the knowledge, skills, abilities and relationships to help you reach your goals.




Seeking originators with 5+ years small ticket and/or
middle market experience and with established
customer and vendor relationships. Remote
office and on site positions are available.

Please send resumes to: jobs@teqlease.com
Attn: Mike Lockwood or Russ Runnalls CLP
www.TEQlease.com


Please see our Job Wanted section for possible new employees.

[headlines]
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New Hires---Promotions



Brad Bayless has joined General Capital Partners (GCP),Denver, Colorado, as senior vice president, managing principal, and head of the firm's new Franchise & Hospitality division. Prior he was President of Falcon Financial, an Area Developer and franchisee for a national franchise food operator, where he expanded the portfolio to over 120 locations in 12 years in the Southern Colorado and Dallas markets. As a start-up, he grew the company to over $40 million in revenue in 15 years, with a staff of 10 people. Furthermore, Brad’s background includes more than 20 years of experience in the leasing and finance industry. Brad was previously a Vice President of the CIT Franchise Finance Group, Vice President with GE Capital and Chairman of the GE Marketing Council, and Executive Vice President of Dart & Kraft Financial, which was acquired by GE Capital. He also worked with Founder and CEO, Greg Barrow, at Capital Associates International Inc., a publicly traded computer leasing company. Brad has a BS in Business Administration from Central Michigan and an MBA in Finance & Marketing from the University of Minnesota.

Kathy Havlik has been hired by Key Equipment Finance, Superior, Colorado, as regional sales associate. She will provide sales and marketing support for equipment finance managers in the direct sales group's east region to uncover new equipment finance opportunities, Syracuse, New York. Havlik joined Key Equipment Finance in 2008 as a Sales ACT program participant after earning a bachelor's degree in business administration from the University of Colorado's Leeds School of Business.

Peter M. Jones has been appointed director of the IAA-Advisory International Advisory Associates, based in Susex, United Kingdom.In the last 13 years, he has worked for public sector body, Export Development Canada; the Multilateral Investment Guarantee Agency of the World Bank Group; and as Chief Executive of the African Trade Insurance Agency. has worked in leasing and asset finance globally, focusing on cross-border and aerospace transactions as well as domestic operations, working for a variety of major private and public international financial institutions, such as ANZ Grindlays Bank, Chemical Bank and the Canadian Imperial Bank of Commerce.

Larry Randal was appointed as the new Equipment Finance Specialist for the Arkansas and Missouri markets of Arvest Equipment Finance, Fort Smith, Arkansas. He also will act as the senior credit officer and serve as Senior Vice President. He has 15 years of commercial banking and equipment finance experience. He received his Bachelors degree in Economics from the University of Arkansas and is also a graduate of the Graduate School of Banking at Louisiana State University.

Ken Schneider has been appointed to Divisional Vice President of the Specialty Equipment Services Division for the Great American Insurance Group, Cincinnati, Ohio. He started with Great American Insurance in 1999. Prior to that, he had eleven years of insurance industry experience in claims and underwriting. He took responsibility for Product Management within Equipment Finance Solutions in 2007 (known as Premier Lease & Loan Services at that time).

Thomas E. Seybold was named by Key Equipment Finance, Superior, Colorado, as federal field sales representative, Key Government Finance. He was vice president of federal programs for De Lage Landen Financial Services Inc. He previously worked at Key Equipment Finance from 1997 to 2007, starting as an asset management analyst and working in positions of increasing responsibility, including manager of operations for Key Municipal Finance from 2001-2002, director of operations and syndications for Key Government Finance from 2002-2005, and vice president of originations and syndications from 2005-2007. He has been a speaker at the Association of Government Leasing and Finance conference.

Tom Thomas, the current Executive Chairman of International Decision Systems, Minneapolis, Minnesota will add the role of Interim Chief Executive Officer. Reportedly Todd Davis, Chief Executive Officer, has resigned to pursue other interests.

Mr. Thomas brings over 30 years of enterprise software and technology experience to his expanded role. His impressive executive management background includes previous CEO roles at Ajuba Solutions, Vantive Corporation, HAHT Commerce and GXS. His experience also includes global IT leadership roles with 3Com, Palm, Dell, Kraft and Sara Lee.


Terry Welty was appointed Vice President & Chief Marketing Officer for International Decision Systems, Minneapolis, Minnesota. Prior he served as the Senior Vice President of Marketing at Quark. He has was corporate vice-president at Arbortext, vice-president of marketing at HAHT Commerce, vice-presidnet of marketing at TPN Register and director of marketing at EXE Technologies. He led global marketing programs for the F-16, F-22 and F-35 at Lockheed Martin. (He earned his bachelor's degree in Advertising and Marketing from Texas Tech University and an MBA in International Business Administration from Baylor University.


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Fernando’s View
By Fernando F. Croce

New releases of both epic (“Robin Hood”) and intimate scale (“Mother and Child”) arrive at the box-office, while DVD releases give viewers the chance to catch up with sleepers from this year (“Girl on the Train”) as well as from decades past (“Walkabout”).


Robin Hood (Universal Pictures): The often-told tale of the Sherwood Forest hero is given a new makeover full of blockbuster panache by veteran director Ridley Scott (“Black Hawk Down,” “Gladiator”). Back in brawny-anguished action mode, Russell Crowe stars as the titular protagonist, a brave archer in the medieval England of King Richard the Lionheart (Danny Huston). Left without a leader, however, Robin faces the corruption of Prince John (Oscar Isaac) and the Sheriff (Matthew Macfayden) and decides to join the rebels of Sherwood Forest. With the Sheriff’s forces drawing nearer every day, however, will he be able to bring justice to the land and win the hand of his beloved Maid Marian (Cate Blanchett)? A solid choice for audiences who prefer their heroes with less comic-book superpowers and more human grit.

Mother and Child (Magnolia Pictures): After offering an acclaimed series of all-star vignettes “Nine Lives,” writer-director Rodrigo Garcia returns to his favorite theme of female emotion in this excellently acted ensemble drama. The plot revolves around the intertwined lives of three different women. Elizabeth (Naomi Watts) has been raised as an adopted child since her estranged mother Karen (Annette Bening) gave her up for adoption years ago. Now a successful businesswoman, she deals with her own romantic matters while wondering about her past. Meanwhile, Lucy (Kerry Washington) is herself hoping to start her own family by adopting a baby. The ways in which the characters weave in and out of each other’s lives make for a rewarding, poignant tale.

Netflix tip: For viewers curious about previous reincarnations of Robin Hood, Netflix offers a full platter of different versions. Check out Douglas Fairbanks’s athletic and innocent hero in the irresistible 1922 silent version, as well as Errol Flynn’s marvelous 1938 version, co-starring Olivia De Havilland. And if you’re in the mood for animation, there’s also Disney’s charming retelling from 1973.

New on DVD:

The Girl on the Train (Strand Releasing): With several films together, director Andre Techine and screen legend Catherine Deneuve have formed one of the most respected artistic collaborations of the past decades. In their latest drama, Deneuve plays Louise, a widow who runs a nanny business out of her Paris home. She lives with her daughter Jeanne (Emilie Dequenne), who tries to get a job with a famous lawyer. However, Jeanne’s volatile relationship with a small-time hood and a lie that snowballs into a political scandal complicate things for both mother and daughter. An elegantly updated version of the old boy-who-cried-wolf story, it’s a film of savory performances, subtle story twists, and sharp cultural insights. With subtitles.

Valentine’s Day (New Line Cinema): Veteran comic director Gary Marshall (“Pretty Woman,” “Runaway Bride”) serves up a frothy comedy for lovestruck audiences. The story follows a network of characters looking to find their soul mates, from Ashton Kutcher as a flower salesman who doesn’t notice his best friend’s (Jennifer Garner) affection to aging trouper Shirley MacLaine as a feisty diva. The cast of all-star dreamers also includes Jessica Alba, Jamie Foxx, Patrick Dempsey, Queen Latifah, Anne Hathaway, and pop star Taylor Swift, with Julia Roberts popping up in a surprising cameo. Presenting a sunny version of the dramatic, multi-strand Los Angeles of “Crash,” this smooth blend of laughs and romance should satisfy viewers looking for light viewing.

Walkabout (Criterion): In the late 1960s and early 1970s, British director Nicolas Roeg went on a string of ferociously creative pictures ranging from psychedelic gangster fantasies (“Performance”) to Gothic horror stories (“Don’t Look Now”). For many viewers, however, this visually breathtaking 1971 movie may be his most immediately accessible and emotionally engaging work. Set in Australia, it tells the simple, almost parable-like tale of a teenage girl (Jenny Agutter) and her little brother (Luc Roeg), who find themselves lost in the middle of the vast Outback desert. Chances for survival seem pretty slim until they run into a young aborigine (David Gulpilil), who’s undergoing a ritual into adulthood and becomes their guide and friend. Chockfull of beauty and mystery, it’s a classic worth experiencing in the gorgeous new Criterion transfer.


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The 2010 San Francisco International Film Festival
By Fernando F. Croce


The country’s longest-running film festival, the San Francisco International Film Festival remains a most valuable combination of films by established masters, up-and-coming talents, and rediscovered classics. Here are some of the highlights of this year’s fest, hopefully coming to a theater near you sooner than later.

Alamar: Proof that sometimes fewer resources lead to greater creativity, this remarkably resourceful little drama does wonders with a tiny budget, a limited crew, and an instinctive feeling for emotion and movement. Both a moving family story and a poem of sea and sky, Pedro Gonzalez-Rubio feels as exhilarating as a day in the coastal sun.

Around a Small Mountain: One of the world’s most respected filmmakers, Jacques Rivette returns to his recurring themes of performance and identity in this disarming comedy-drama set in a small-town circus. Jane Birkin and Sergio Castellitto star in a whimsical tale of redemption under the big top, executed in Rivette’s typically airy and mysterious style.

Coco Chanel & Igor Stravinsky: Coco Chanel was already the subject of a recent biopic starring Audrey Tautou, but Jan Kounen’s sumptuous period piece puts its own intriguing stamp on the legendary tastemaker’s personal life and times. Anna Mouglalis and Mads Mikkelsen are both splendid in the title roles.

Gainsbourg: Just as “Ma Vie en Rose” made a star of Marion Cottilard a few years back, this imaginative biopic about France’s scandalous crooner Serge Gainsbourg is sure to put Eric Elmosnino on the map. A music-filled tribute to a pop culture icon, with lively supporting turns by Lucy Gordon and Laetitia Casta.

Henri-Georges Clouzot’s Inferno: In the 1960s, renowned director H.G. Clouzot (known as “the French Hitchcock”) set out to make a controversial thriller that was beset by disasters. This documentary gives viewers a rare glimpse into the footage that was shot, including views of star Romy Schneider at the height of her beauty.

Lourdes: A combination of suspense, spiritual inquiry, and uplifting drama, Jessica Hausner’s tale of a potential miracle is sure to appear in more than one top-10 list by year’s end. Sylvie Testud is stunningly moving as a young woman whose faith may or may not influence her health during a visit to the religious site of Lourdes.

Micmacs: After a six year absence, splashy director Jean-Pierre Jeunet (“Amelie”) returns to screens with this colorful, fast-paced fantasy about a group of underdogs joining forces to bring down a pair of ruthless weapon manufacturers. Fans of “City of Lost Children” will delight in the filmmaker’s trademark use of imaginative gadgets.

Soul Kitchen: Taking a break from his usual serious fare, Fatih Akin shows his lighter side in this often very funny comedy set in a struggling Hamburg restaurant. Following the misadventures of a Greek-German restaurateur struggling to save his family’s place, it’s a rollicking tale of outrageous gags and delicious food.

Wake in Fright: One of the festival’s great discoveries was this terrifically visceral Australian adventure film from 1971, which was thought to be virtually lost. Following a meek teacher’s trip into a mining town in the Outback, Ted Kotcheff’s film develops an unforgettable feeling for heat and madness. Not for the faint of heart, but not to be missed.

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Scotsdale, AZ---Adopt-a-Dog


Rags

Medium Haired
Carin Terrier Mix
Male
Small Size
Good w/ Cats
Good w/ Dogs
Good w/ Kids

"Rags came to Maricopa County Animal Control as a stray. When we saw him he was very scared in the kennel. He didn’t have a chance to get adopted there. Surely nobody would adopt a little scared dog. We decided we would give him a second chance. When I got him to my home he was a little cautious at first but quickly warmed up. He even gets along great with the dogs and cats he lives with. He now comes to us and even gives kisses. He is neutered, up to date on his shots and micro chipped. He is approximately 1 year old. Rags is up-to-date with routine shots, house trained and spayed/neutered. His adoption fee is $150.00"

News & Events
Upcoming Adoption Events:
+Saturday May 15th from 11am to 2pm we will be at the Scottsdale A-Z Indoor Marketplace
phone: 480-704-4628
e-mail: info@luckydogrescue.org
http://www.luckydogrescue.org/home

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/

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Classified ads—Re-Sellers

Re-Seller: Orem, UT
CVI is an asset recovery company that collects on accounts,repossesses equipment and remarkets throughout the united states. For more information call David at
801-765-9939
E-mail:canyonviewinc@juno.com

Sales: Glen St. Mary, FL
Southeast Sales Rep,To Promote Specialty Pasture-Turf Agricultural Equipment. Will Find Aggressive Dealers and Locations. North Florida Area Between 2 Major Interstate.
E-mail: kenneth@thompsonaeration.com

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

Remarking Trucks/Big Rigs Remarking solutions big rigs assets and trucking related companies including collections, recovery, repair and re-sales contact: Robert Anderson cell # 586-909-8797 www.nsleasing.com

Leasing Industry Outsourcing (Providing Services and Products)

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


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

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Short story collection about Larry Faber and Frank Sanchez, leasing partners of San Francisco Valley Leasing by Christopher Menkin

http://www.sanfranciscovalleyleasing.com/

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News Briefs----

Mortgage rates fall to 2010 low
http://www.bankrate.com/finance/mortgages/mortgage-rates-fall-to-2010-low.aspx

Senate passes amendment on debit and credit card swipe fees
http://www.washingtonpost.com/wp-dyn/content/article/2010/05/13/AR2010051303571.html

Foreclosure continue to rise as banks work on backlogs
http://www.washingtonpost.com/wp-dyn/content/article/2010/05/13/AR2010051302206.html

Fewer small businesses seeking loans
http://www.signonsandiego.com/news/2010/may/13/still-skittish/

Nordstrom posts strong sales, profit in first quarter
http://seattletimes.nwsource.com/html/businesstechnology/

‘Law & Order’ Series Said to Be in Jeopardy
http://www.nytimes.com/2010/05/14/business/media/14law.html?ref=business


You May have Missed---

A chat with Fry's Electronics co-founder Kathy Kolder
http://www.mercurynews.com/business/ci_15079597?nclick_check=1


Sports Briefs ---

Santa Clara council OKs 49ers stadium hotel tax
http://www.mercurynews.com/bay-area-news/ci_15069683?source=rss



“Gimme that Wine”

 

Mondavi's private house for sale
http://www.decanter.com/news/news.php?id=297930

Consensus for Sonoma Wine Labels
http://www.winesandvines.com/template.cfm?section=news&content=74058&htitle =Consensus%20for%20Sonoma%20Wine%20Labels

US Wine Sales to Jump 13% Through 2013
http://www.prlog.org/10672358-us-wine-sales-to-jump-13-through-2013.html

Fine wine hits record as luxury auctions boom
http://news.yahoo.com/s/afp/20100513/lf_afp/lifestyleswitzerland auctionluxurywine_20100513102109



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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Today in History

1897- The unveiling of a statue of George Washington at Philadelphia, PA, and President William McKinley was present. John Phillip Sousa wrote a march for the event, which is perhaps his most widely known,” The Stars and Stripes Forever.” He was in the U.S. Navy, stationed in Great Lakes, Illinois

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This Day in American History

    1607 - Just over 100 men and boys filed ashore from the small sailing ships Susan Constant, Godspeed, and Discovery, onto what English adventurers came to call Jamestown Island in Virginia. 104 Englishmen arrived. In the early days of the English colonies, trade was a one-way street. The colonists badly needed supplies from the homeland. Historians note that unfortunately, some of the earliest pioneers, as at Jamestown, were adventurers interested more in making a quick fortune from the alleged riches of the New World than in engaging in agriculture or forestry. In late years, through a great diversity of settles arrived and brought with them a variety of skills. They ranged from wealthy Englishmen, who wanted to carve out large estates, to servants. Merchants saw the opportunity for trade as populations grew. Groups seeking religious freedom were also prominent, bringing with them a tradition of hard work and a willingness to start life anew. As a side comment to this, a measure of social position among the male settlers of Jamestown was the fact that of some 105 men, 35 were considered gentlemen, persons whose means freed them from the need to work or engage in trade. The second expedition to Jamestown contained 33 gentlemen out of 120. In the early days, a gentleman was a “high rank” in society and to be one greatly admired and respected.
http://memory.loc.gov/ammem/today/may14.html
    1787 - Delegates began gathering in Philadelphia for a convention to draw up the U.S. Constitution.
    1771-Robert Owen, English progressive owner of spinning works, philanthropist, Utopian socialist, founder of New Harmony, IN, born at Newtown, Wales. Died there Nov 17,1858.
http://robert-owen.midwales.com/
    1796-In the 18th century, smallpox was a widespread and often fatal disease. Edward Jenner, a physician in rural England, heard reports of dairy farmers who apparently became immune to smallpox as a result of exposure to cowpox, a related but milder disease. After two decades of studying the phenomenon, Jenner injected cowpox into a healthy eight-year-old boy, who subsequently developed cowpox. Six weeks later, Jenner inoculated the boy with smallpox. He remained healthy. Jenner called this new procedure vaccination, from vaccinia, another term for cowpox. Within 18 months, 12,000 people in England had been vaccinated and the number of smallpox deaths dropped by two-thirds. . Inoculations were begun in the United States where the spread of smallpox had wiped out entire communities, particularly Indian tribes.
    1801 - Tripoli declares war against the United States
    1804-Charged by President Thomas Jefferson with finding a route to the Pacific, Meriwether Lewis and Captain William Clark left St. Louis. They arrived a the Pacific coast of Oregon in November, 1805 and returned to St. Louis, September 23, 1806.
http://www.pbs.org/lewisandclark/
    1834 - The greatest snowstorm ever to occur in may hit the Northern Atlantic coastal states. The hills around Newbury, Vermont were covered with up to 24 inches of snow and the higher elevations around Haverhill, New Hampshire received up to three feet.
    1845 - First U.S. warship visits Vietnam. While anchored in Danang for reprovisioning, CAPT John Percival commanding USS Constitution, conducts a show of force against Vietnamese authorities in an effort to obtain the release of a French priest held prisoner by Emperor of Annam at Hue.
    1851--Birthday of Anna Caroline Maxwell , U.S. nurse who established numerous nurse training schools, worked with Red Cross that adopted many of her innovations, and campaigned to get military rank for nurses of the Army Nurse Corps. She authored the standard text, Practical Nursing.
    1856-Liutenant David Dixon Porter of Chester, PA, arrived at Indianola, Texas with camels imported for military purposes form Ismir, Turkey on the ship “Supply,” a Navy store ship. The shipment consisted of 34 camels---one more than left Smyma. ON March 3, 1855, Congress had appropriated $30,000 to the War Department for the purchase and importation of camels and dromedaries to be employed for military purposes.
http://www.tulane.edu/~latner/Porter.html
http://www.arlingtoncemetery.com/ddporter.htm
http://www.civilwar.si.edu/navies_porter.html
    1856-The editor of the San Francisco Daily Evening Bulletin was assassinated by a rival newspaper owner. A vigilante group seized the assassin from the sheriff, then tried, convicted, and executed him.
    1863- Setting aside their own cry for equality, Susan B. Anthony and Elizabeth Cady Stanton called a meeting of the Women's National Loyal League that would gather hundreds of thousands of petitions calling for a Constitutional amendment to abolish slavery.
    1874-this one event created a lot of “firsts”, starting with the first football goalpost when McGill University and Harvard University squared off at Jarvis Field, Cambridge, MA. The teams played rugby football under Harvard’s rules, which stated that every goal constituted a game. McGill arrived with 11 men and Harvard with 15, four of whom were dropped to equalize the teams. Harvard won three games, the first two lasting about five minutes and the third about 12 minutes. As McGill is located in Montreal, Canada, this was also the first international rugby football contest to be played, as well as the first instance in which an admission fee was charged at a collegiate sporting event. The proceeds were used for “lavishly” entertaining the McGill team. A second match was played the following day, and a third match was played in the fall in Montreal.
    1887-Massachuetts required under the Employers Liability Act, passed this day, for all accidents be reported by employers concerning personal injuries suffered by employees in their services.
    1893—birthday of guitarist Pop Stoneman, Galaxy, VA
    1896 - The mercury plunged to 10 degrees below zero at Climax, CO. It was the lowest reading of record for the U.S. during the month of May.
    1897- the unveiling of a statue of George Washington at Philadelphia, PA, and President William McKinley was present. John Phillip Sousa wrote a march for the event, which is perhaps his most widely known,” The Stars and Stripes Forever.” He was in the U.S. Navy, stationed in Great Lakes, Illinois     1897 - Sidney Bechet Birthday http://www.sidneybechet.org/
    1898-drummer Zutty Singleton born Bunkie, LA.
http://www.dws.org/sousa/
    1902- (Helen) Flanders Dunbar birthday - U.S. psychiatrist. 4'11". She earned four advanced degrees in seven years including a Ph.D. in philosophy, a B.D, and then added a medical degrees in 1930. Dunbar integrated religion, science, medicine and psychiatry to head the Council for the Clinical Training of Theological Students. Her chief legacy regards psychosomatic approach to illnesses - a study that showed distinctive personality profiles for each disease. She also uncovered the emotional disturbance of accident prone people. Her “Mind and Body “(1947) is a summation of her findings and considered a classic in modern psychiatry.
    1904-The first Olympic Games held in the United States was the Third Olympiad, held in St. Louis, MO, from this day to August 1, 1904. The games were first awarded to Chicago, IL., but were later given to St. Louis to be staged in connection with the World’s Fair. There were few entrants other than Americans in the 14 events. In the field competitions, the American athletes made a clean sweep of all the events with the exception of lifting the bar and throwing the 56-ound weight.
    1913 - John D. Rockefeller made the largest gift of money (to that time) by establishing the Rockefeller Foundation for $100,000,000. The foundation promotes “the well-being of mankind throughout the world.” 
    1917-Birthdayof American Composer Lou Harrison, Portland, Oregon. Died Feb. 2,2003 Lafayette, IN. Lou Harrison was in a way in the family of Cowell, Cage and McPhee. He Favoured Balines Music like Mcphee but used more of Cage & Cowell’s Inspiration. He is very interested in percussion instruments especially from the far east. He wrote several concerts for percussion instruments so as the concerts for flute and percussion. His Piano Concerto was Premiered by JazzMan Keith Jarret.
http://www.classical-composers.org/comp/harrison
    1920-Pitcher Walter Johnson of the Washington Senators considered by some to be the greatest pitcher of all time and the faster, won the 300th game of his career, beating the Detroit Tigers, 9-8. Johnson played in the major leagues from 1907 through 1927. He compiled a record of 417 wins against t279 losses with an earned run average of 2.17..
    1930-Located in southwester New Mexico, Carlsbad Caverns was proclaimed a national monument. October 25, 1923, and later established as national park and preserve.
http://www.carlsbad.caverns.national-park.com/
    1936-Singer Bobby Darin, whose real name was Walden Robert Cassotto, was born in the Bronx, New York City. Darin's big break came in 1958 when he wrote and recorded "Splish Splash," which reached number three on the US charts and sold a million copies. His other hits included "Queen of the Hop" and "Mack the Knife." At the beginning of the '60s, he made the transition from teen idol to a more mature star who performed in Vegas nightclubs. Bobby Darin died on December 20th, 1973 after heart surgery.
http://www.bobbydarin.net/
    1937 - Duke Ellington and his band recorded the classic, "Caravan", for Brunswick Records. 
    1943-- Jack Bruce, one of the most influential bass guitarists in rock, was born in Lanarkshire, Scotland. Bruce's bass playing and tenor vocals with the group Cream in the 1960's were a great influence on the heavy metal groups that followed. He began developing his style with the British rhythm-and-blues pioneers Graham Bond and Alexis Korner. Bruce later played with John Mayall's Bluesbreakers and Manfred Mann before forming Cream with Eric Clapton and Ginger Baker in 1966. The three virtually invented the hard-rock trio style, before breaking up in 1968. Bruce later played in a variety of styles, including hard rock and fusion, with several groups, such as West, Bruce and Laing, Jack Bruce and Friends, and BLT. 
    1944--*WAUGH, ROBERT T. Mdeal of Honor
Rank and organization: First Lieutenant, U.S. Army, 339th Infantry, 85th Infantry Division. Place and date: Near Tremensucli, Italy, 11-14 May 1944. Entered service at: Augusta, Maine. Birth: Ashton, R.I. G.O. No.: 79, 4 October 1944. Citation: For conspicuous gallantry and intrepidity at risk of life above and beyond the call of duty in action with the enemy. In the course of an attack upon an enemy-held hill on 11 May, 1st Lt. Waugh personally reconnoitered a heavily mined area before entering it with his platoon. Directing his men to deliver fire on 6 bunkers guarding this hill, 1st Lt. Waugh advanced alone against them, reached the first bunker, threw phosphorus grenades into it and as the defenders emerged, killed them with a burst from his tommygun. He repeated this process on the 5 remaining bunkers, killing or capturing the occupants. On the morning of 14 May, 1st Lt. Waugh ordered his platoon to lay a base of fire on 2 enemy pillboxes located on a knoll which commanded the only trail up the hill. He then ran to the first pillbox, threw several grenades into it, drove the defenders into the open, and killed them. The second pillbox was next taken by this intrepid officer by similar methods. The fearless actions of 1st Lt. Waugh broke the Gustav Line at that point, neutralizing 6 bunkers and 2 pillboxes and he was personally responsible for the death of 30 of the enemy and the capture of 25 others. He was later killed in action in Itri, Italy, while leading his platoon in an attack. 
    1945-Gene Cornish, guitarist with the blue-eyed soul group, the Rascals, was born in Ottawa. The group began - as the Young Rascals - by playing dance clubs in Long Island, New York in the mid-1960's. Their hits included "Good Lovin' " and "Groovin'." After changing their name to the Rascals, the group mellowed, going for more jazz-influenced, stretched-out arrangements. The Rascals broke up in the early '70s.
    1950----Top Hits
My Foolish Heart - The Gordon Jenkins Orchestra (vocal: Eileen Wilson)
It Isn’t Fair - The Sammy Kaye Orchestra (vocal: Don Cornell)
The Third Man Theme - Alton Karas
Long Gone Lonesome Blues - Hank Williams 
    1951—Comedian Ernie Kovacs first hosted "It's a Time for Ernie", a 15-minute afternoon program on NBC in May of 1951 before replacing the "Kukla, Fran and Ollie Show" with "Ernie in Kovacsland." Kovacs also appeared on a variety of daytime and prime-time series and was a fill-in for Steve Allen on the "Tonight!" Show. One of his most famous skits was The Nairobi Trio! He early shows featured his wife, Edie Adams, who smoked a cigar later in commercials, in a seductive manner, saying she liked men who smoked cigars. I will never forget Ernie Kovacs reduced very small and superimposed over his wife, looking down who low cut dress. He died in a freakish accident in Beverly Hills, not driving fast, but on a rainy road ramming into a telephone poll where the climbing rung was left and it pierced the driver's door, killing the great comedian.
    1951- saxophonist Jay Beckenstein born Brooklyn, NY, leader of the jazz-pop band Spyro Gyra.
    1955-Bo Diddley's "Bo Diddley" backed with "I'm a Man" debuts on the R&B chart. It will go to #2 making it his most successful record. The A side introduces what will be known as the Bo Diddley beat.
    1956- Mercury records releases "The Platters," the million-selling group's first album. Although in the next several years it will sell over 50,000 copies, it contains none of their recent hits.
    1956- Mercury Records released the first LP by the Platters. They had just scored on the charts with "Only You" and "The Great Pretender." I bought it, and still have it to this day.
http://www.rockhall.com/hof/inductee.asp?id=169
http://www.celebritydirect.org/platters/disco.htm
    1957 - The musical, "New Girl in Town", opened at the 46th Street Theatre in New York City. Thelma Ritter and Gwen Verdon starred in the Broadway adaptation of Eugene O’Neill’s "Anna Christie". "New Girl in Town" had a run of 431 performances. 
    1958----Top Hits
All I Have to Do is Dream - The Everly Brothers
Wear My Ring Around Your Neck - Elvis Presley
Return to Me - Dean Martin
Oh Lonesome Me - Don Gibson
    1959-In a melding of classical ballet and modern dance, George Balanchine’s and Martha Graham’s “Episodes” premiered. A new experience for ballet enthusiast, half of the program was choreographed by Balanchine and the other half by Graham.
    1963 - No. 1 Billboard Pop Hit: "If You Wanna Be Happy," Jimmy Soul.
    1965- "Boss of the Bay," KYA presents the Rolling Stones, the Byrds, Beau Brummels, Paul Revere & the Raiders, & the Vejtables, at Civic Auditorium, in Frisco.
http://www.sfmuseum.org/hist1/rock.html
    1966 - Top Hits
Monday Monday - The Mamas & The Papas
Rainy Day Women #12 & 35 - Bob Dylan
Kicks - Paul Revere & The Raiders
I Want to Go with You - Eddy Arnold
    1966-- The Kingsmen's "Louie Louie" on pop charts since '63, enters the Hot 100 for the ninth & last time with a re-released version. Incites controversy over its unintelligible, but assumed obscene lyrics: "Smash your left hand down about right here three times, then twice up in this area, then three times right about here . . . that's "Louie Louie."
http://www.louielouie.org/
http://www2.sunysuffolk.edu/mccoykj/louie/
http://www.thesmokinggun.com/louie/louiereal1.shtml
    1969--*SHEA, DANIEL JOHN Medal of Honor
Rank and organization: Private First Class, U.S. Army, Headquarters Company, 3d Battalion, 21st Infantry, 196th Infantry Brigade, Americal Division. Place and date: Quang Tri Province, Republic of Vietnam, 14 May 1969. Entered service at: New Haven, Conn. Born: 29 January 1947, Norwalk, Conn. Citation: For conspicuous gallantry and intrepidity in action at the risk of his life above and beyond the call of duty. Pfc. Shea, Headquarters and Headquarters Company, 3d Battalion, distinguished himself while serving as a medical aidman with Company C, 3d Battalion, during a combat patrol mission. As the lead platoon of the company was crossing a rice paddy, a large enemy force in ambush positions opened fire with mortars, grenades and automatic weapons. Under heavy crossfire from 3 sides, the platoon withdrew to a small island in the paddy to establish a defensive perimeter. Pfc. Shea, seeing that a number of his comrades had fallen in the initial hail of fire, dashed from the defensive position to assist the wounded. With complete disregard for his safety and braving the intense hostile fire sweeping the open rice paddy, Pfc. Shea made 4 trips to tend wounded soldiers and to carry them to the safety of the platoon position. Seeing a fifth wounded comrade directly in front of one of the enemy strong points, Pfc. Shea ran to his assistance. As he reached the wounded man, Pfc. Shea was grievously wounded. Disregarding his welfare, Pfc. Shea tended his wounded comrade and began to move him back to the safety of the defensive perimeter. As he neared the platoon position, Pfc. Shea was mortally wounded by a burst of enemy fire. By his heroic actions Pfc. Shea saved the lives of several of his fellow soldiers. Pfc. Shea's gallantry in action at the cost of his life were in keeping with the highest traditions of the military service and reflect great credit upon himself, his unit, and the U.S. Army.
    1970- Crosby, Stills, Nash and Young announced their breakup before a performance in Chicago. The band - minus Neil Young - would regroup several times during the next dozen years. And all four would get together again in 1988 for the hit single and album "American Dream."
    1972-- After 21 seasons with Giants in New York and San Francisco, 41-year old Willie Mays makes a dramatic debut for his new team as he hits a game winning home run off his former team giving the Mets a 5-4 victory. The 'Say Hey Kid's' 647th career homer in the fifth breaks a 4-4 deadlock. 
    1973-The House of Representatives received formal approval of the appointment of female pages in 1972. Today the 934d Congress, appointed Felda Looper as the successor to Gene Cox, who, for three hours, had served as the first female page 34 years earlier.
    1973 - No. 1 Billboard Pop Hit: "You Are the Sunshine of My Life," Stevie Wonder. It is his third chart-topping hit.
    1973-Kenny Loggins and Jim Messina's first LP, "Sittin' In," goes gold. The two actually got together by accident. Messina was going to produce a solo effort for Loggins, but the two had such a rapport that Messina was persuaded to perform.
    1974-Three Dog Night's "The Show Must Go On" turns out to be group's last gold record. The song reaches #4 on the pop chart is also the band's last Top Twenty single. The group had eleven gold records, three of which -- "Joy to the World," "Mama Told Me Not to Come" and "Black and White"-- hit Number One.
    1974----Top Hits
The Loco-Motion - Grand Funk
The Streak - Ray Stevens
Dancing Machine - The Jackson 5
Is It Wrong (For Loving You) - Sonny James 
    1981-Birthday of American composer Aaron Alon, Florida
    1981 - No. 1 Billboard Pop Hit: "Bette Davis Eyes," Kim Carnes. Bette Davis responds by sending roses to Carnes when the song wins a Grammy. The song is first recorded by Jackie DeShannon.
    1982----Top Hits
Chariots of Fire - Titles - Vangelis
Ebony and Ivory - Paul McCartney with Stevie Wonder
Don’t Talk to Strangers - Rick Springfield
Always on My Mind - Willie Nelson
    1985 - The first McDonald’s restaurant -- in Des Plaines, IL -- became the first museum of the fast-food business. McMannequins, McPosters and loads of McPhotos display years of hamburger McProgress
http://www.mcdonalds.com/corp/about/museum_info.html
    1987 - The temperature at Sacramento, California soared To 103 Degrees To Establish A May Record Of 7 Days With High Temperatures Of 100 Degrees Or Above. It Also Marked The 9th Record High Of The Month.
    1990----Top Hits
Nothing Compares 2 U - Sinead O’Connor
Vogue - Madonna
All I Wanna Do is Make Love to You - Heart
Help Me Hold On - Travis Tritt
    1990 - Thunderstorms developing ahead of a cold front produced severe weather from northwest Texas to western Missouri. Severe thunderstorms spawned seventeen tornadoes, including nine in Texas. Four tornadoes in Texas injured a total of nine persons. Thunderstorms in Texas also produced hail four inches in diameter at Shamrock, and hail four and a half inches in diameter near Guthrie. Thunderstorms over northeastern Kansas produced more than seven inches of rain in Chautauqua County between 9 PM and midnight.
    1991-- President Bush announced his selection of Robert M. Gates to head the Central Intelligence Agency.
    1993- Softkey Software and WordStar International announced a merger on this day in 1993: The companies hoped that joining forces would help them hold their ground against larger software companies. The WordStar word processor, released in 1979, was one of the first word processors available for the personal computer, and the product became an immediate hit, selling nearly a million copies within five years. Unfortunately, WordStar was slow to convert to the PC-DOS operating system, introduced by IBM in 1981. As a result, the product lost its dominant position in the word processor market. In 1994, WordStar and Softkey merged with Spinnaker Software.
    1996-Basketball player Earvin “Magic” Johnson announced his retirement for the second time form the Los Angeles Lakers. Johnson had first retired before the start of the 1991-92 NBA season when he learned he was HIV-positive. Other players rebuffed his attempts to come back for the 1992-93 season, but he did play 32 games in 1995-96.
    1998- While we “celebrate “birthdays, today is an exception, Frank Sinatra, 82, dies in Los Angeles, 1998. The Chairman of the Board has left the room.

NBA Finals Champions This Date

    1981 Boston Celtics.


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Covenant
by Barry S. Marks, Esq.


Let us face each day with at least
the nervous courage
of the king's food taster.

Let us never leave dishes in the sink
and make the beds each morning
to show the police
that we survived the initial blast.

Let us agree never to speak of things that matter.

Let us share faith that there is a home for misplaced keys, second
socks and favorite toys,

and also for unsaid words
missed opportunities
and lost children.

That, like confessions, prayers need not be shouted
or even voiced
to be heard.

That there is no need for periods in grammar or time.

That there is more to us than this
and that we are less than something more,
but let us agree to share wonder wordlessly

and to face each day with the force
that binds one sudden moment
to the next.


from Possible Crocodiles
Poems by Barry Marks
www.BrickRoadPoetryPress

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