Add me to mailing list | Change email  Search
Advertising | All Lists | Archives | Classified Ads | This Day In American History

Leasing News is a web site that posts information, news, and
entertainment for the commercial bank, finance and leasing industry

kitmenkin@leasingnews.org
   


 

Wednesday, May 21, 2014


Today's Equipment Leasing Headlines

Platinum Financial, Orange, California
 Bulletin Board Complaint: $6,236.18
  Classified Ads---Sales
Crossroads Equipment Lease & Finance joins
 “No Longer taking Broker/Discounting Business” List
   Channel Partners Last 20 Deals
Complaints Bulletin Board BBB Ratings
 BBB Leasing Company Ratings
  May 20, 2014
   Classified Ads---Help Wanted
    The Salary You Must Earn to Buy a Home in 27 Metros
     HSH.com
  Brican Verdict Still Out
   by Michael J. Witt
    China Leasing Summit 2014
     Boxer/Terrier Mix
      Brentwood, California Adopt-a-Dog
       Classified ads—Asset Management
News Briefs---
MasterCard Ditches ‘Mobile Wallets’
 10 Most Powerful Cars of the Decade
  Petco to stop selling pet treats made in China

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

www.leasingcomplaints.com (Be Careful of Doing Business)
www.evergreenleasingnews.org

  You May have Missed---
   SparkPeople--Live Healthier and Longer
  Poem
    Sports Briefs---
      California Nuts Brief---
       "Gimme that Wine"    
          This Day in American History
         SuDoku
           Daily Puzzle
             GasBuddy
               Weather, USA or specific area
                 Traffic Live----

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



Please send to a colleague and ask them to subscribe.
We are free.



[headlines]

--------------------------------------------------------------

Platinum Financial, Orange, California
Bulletin Board Complaint: $6,236.18


Royal Corinthian, Inc., West Chicago, Illinois, was awarded a line of credit up to $250,000 by Platinum Financial on September 9, 2013. The first use of the line was a $165,561.67 equipment lease with $1.00 purchase option for an Autocaster Economizer option; contract signed September 26, 2013, along with a check for 6,236.15. (1)

The lease was not funded and in October, 2013, Tom Leonard of Platinum Financial told him a personal guarantee was required. Andy Savenok, general manager, requested the deposit be returned. More financials were requested, more proposals were made, by Mike Ruiz and Tom Leonard, but the bottom line is the deposit was not returned, nor proposals accepted.

Mr. Savenok contacted various agencies from the Better Business Bureau, to agencies in California, and as he describes it, wasn’t getting anywhere in his attempt to have his deposit returned.

In an effort to warn others, he told Leasing News he constructed two websites:

http://www.platinumfinancial.org/
http://www.platinumfinancial.info/

He then was sued in the State of California by Platinum Financial regarding the websites. The court ruled against Platinum Financial, basically citing “anti-slap” provisions. (2)

Mr. Leonard told Leasing News, “Your speaking of 1 client named Andy Savenok, who signed a contract for his father’s company, of which he has no ownership…I have 100 clients in the last 4 months we funded deals. I am not worried about what 1 has to say."

Leasing News has received two additional complaints, primarily from the web sites set up by Royal Corinthian. The first one has been verified, and Mr. Leonard responded, “He is partnering with Andy Savenok and generating online complaints, which are unvalid and untrue. We were going to return his deposit to him, just not as fast as he wanted it to be done.”

“Then I guess at this point I am not going to reply to any more complaints at this time since it is either the money goes back or you post the complaint.”

There is a complaint in Yelp:
http://www.yelp.com/biz/platinum-financial-oc-orange-3

Another in Scambook:
http://www.scambook.com/company/view/124061/Platinum-Financial-OC

It appears via the lawsuit that the company is “U.N.I. Consulting, LLC, a California limited liability company doing business as Platinum Financial, OC.” At the time of the dispute, neither entity was licensed as a California Finance Lender.

LinkedIn home profile shows Tom Leonard is the owner, and previously was director of Nationwide Business Credit (October, 2009-December, 2012).

www.linkedin.com/pub/tom-leonard/2/715/6a6

Platinum Financial Website with Speaking Person
http://www.platinumfinancialoc.com/

  1. Leasing Contracthttp://www.leasingnews.org/PDF/leasing_contract2014.pdf

  1. Court Case re “Anti-Slap.” (32 pages)
    http://www.leasingnews.org/PDF/anti_slap_court2014.pdf


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


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

Classified Ads---Sales

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

 
Boston, Mass.
Accomplished Sales & Relationship Management Professional with business development experience in the financial services industry. Recognized by market leaders as industry expert in Professional Practice financing, as well as Residential Mortgage Lending. Keen insight and understanding of transaction process and financial requirements of customer. Proven record of exceeding sales goals. deb.harold@hotmail.com
Work Remotely
Business Development - Are you looking to enter/increase your Healthcare lending? Let me identify and qualify healthcare (all verticals) vendors, distributors, and end users who utilize leasing/financing as a tool to sell equipment for you. Many years experience - contact Mitchell Utz at mitutz@msn.com or 
(215) 460-4483.

 

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]
--------------------------------------------------------------

Crossroads Equipment Lease & Finance joins
“No Longer taking Broker/Discounting Business” List


“Unfortunately at this time we are no longer accepting any applications from our broker business. Due to some changes within our company organization we are closing our broker business desk at this time.

“We will keep your contact information and advise if Crossroads should reopen its broker business.

“We appreciate your time, patience and consideration.

“Thank You,”

Judith Ruelas
Credit Manager
Crossroads Equipment Lease & Finance
9385 Haven Ave
Rancho Cucamonga, Ca 91730
Phone: 909.291.6458

(Please do not confuse the company above with Jean Hamilton's Crosspoint Leasing and Financial Services, Fair Oaks, California, which continues as “an active company in the equipment leasing industry as well as providing a variety of financial services including consulting."

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

 

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

Channel Partners Last 20 Deals

 

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

Complaints Bulletin Board BBB Ratings

logo rating

The following companies appear on the Leasing News
Complaints” Bulletin Board:
http://www.leasingnews.org/bulletin_board.htm

Ability Capital Solutions, Long Beach, California: Not Rated
ACC Capital, Midvale, Utah: A+
Balboa Capital, Irvine, California: A
De Lage Landen, Wayne, Pennsylvania: A+
iFinancial Group, San Clemente, California: A+
Integrity Financial Groups, Murray, Utah Warning
Leasing Innovations, Inc., Solano Beach, California: A+
Liberty Capital, Aliso Viejo, California N/R
MAC Financial Services, Scottsdale, Arizona: A+
Marlin Leasing, Mount Laurel, New Jersey A+
Jules and Associates, Los Angeles, California: A+
Matrix Business Capital, Long Beach, California: Not Rated
Newport Financial Partners, Newport Beach, California: N/R
Onset Financial, South Jordan, Utah A
Proviso Financial Services, Coquitlam, British Columbia: N/R
Radiance Capital, Tacoma, Washington: A+
Tetra Financial Group, Salt Lake City, Utah A+

(“Not Rated” Section Follows Ratings)

Bookmark Leasing News

 

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

BBB Leasing Company Ratings
May 20, 2014


Changes
(Last ratings December 3, 2013)


Bankers Capital, Northborough, Massachusetts (Was A+, now not rated).
http://www.bbb.org/central-western-massachusetts/business-reviews/financing/bankers-capital-in-northborough-ma-262264

Celtic Leasing, Irvine, California (A-, now not rated)
http://www.la.bbb.org/Business-Report/Celtic-Leasing-Corp-78000620

Chase Industries, Grand Rapids, Michigan: Finally, states out of business. If legal problem, advise seeking an attorney, BBB states. http://www.bbb.org/western-michigan/business-reviews/leasing-service/chase-industries-in-grand-rapids-mi-38115448

Enterprise Capital Partners dba Enterprise Leasing, Spokane, Washington (from not rated to A+)
http://www.bbb.org/eastern-washington/business-reviews/investment-advisory-service/enterprising-capital-partners-in-spokane-wa-64002656/

Equilease Financial Services, Norwalk, CT (From Not Rated, to A-1, now part of North Mill Equipment Finance, a subsidiary of Colford Capital).
http://www.bbb.org/connecticut/business-reviews/financial-services/equilease-financial-service-in-norwalk-ct-1003628

Integrity Financial Groups, Murray, Utah (A-, now has warning sign:” On at least one occasion, BBB sent mail to this company in an attempt to develop a report. The mail was returned by the Post Office; therefore a complete BBB report at this time is unavailable.

“If you have information that would assist your BBB in developing a report, please speak with a BBB service advisor. - See more at: http://www.bbb.org/utah/business-reviews/financing-consultants/integrity-financial-groups-in-murray-ut-22293260#sthash.uSG6t1Uy.dpuf” Many Bulletin Board Complaints” (http://www.bbb.org/utah/business-reviews/financing-consultants/integrity-financial-groups-in-murray-ut-22293260

Mazuma Capital Corp., Salt Lake City, Utah (Merged with Onset, but BBB lists as A+. Also on Evergreen List.)
http://www.bbb.org/utah/business-reviews/contractor-equipment-and-supply-rental-and-leasing-companies/mazuma-capital-in-draper-ut-22214565

Radiance Capital, Tacoma, Washington, remains an A+ despite the several Bulletin Board Complaints regarding charging a purchase option on Equipment Finance Agreements. One had a $5,000 security deposit that is now called in “default” for not paying the alleged purchase option on an EFA. There are several EFA pursuits by Mike Price of Radiance claiming a “purchase option.”

Varilease Finance, Inc., Salt Lake City, Utah (Moves from a B to an A.)
http://www.bbb.org/utah/business-reviews/credit-services/varilease-finance-in-salt-lake-city-ut-2216546

------------------------------------------

May 20, 2014 BBB Ratings

A+

--Accredited 12/16/1997
21st Century Leasing, San Diego, California
http://www.bbb.org/san-diego/business-reviews/leasing-service/21st-century-leasing-in-san-diego-ca-10011418/

ACC Capital, Midvale, Utah
http://www.bbb.org/utah/business-reviews/financial-services/acc-capital-in-midvale-ut-5002457
Closed, lenders running off portfolio residuals, according to Loni Lowder, president.

--Accredited 9/10/2000
Advantage Leasing Corporation Milwaukee, Wisconsin
http://www.bbb.org/wisconsin/business-reviews/leasing-service/advantage-leasing-corporation-in-milwaukee-wi-1004216/

--Accredited 4/01/2002
Allegiant Partners, San Rafael, California
http://www.bbb.org/greater-san-francisco/business-reviews/leasing-service/allegiant-partners-incorporated-in-san-rafael-ca-46794

Alliance Funding Group, Orange, California
http://www.bbb.org/orange-county/business-reviews/office-furniture-and-equipment-rental-and-leasing/alliance-funding-group-inc-in-orange-ca-13096486

--Accredited 9/01/2008
Arvest Bank Leasing, Fayetteville, Arkansas
http://www.bbb.org/arkansas/business-reviews/banks/arvest-bank-in-sherwood-ar-5001142

--Accredited 8/27/1999
Axis Capital, Grand Island, Nebraska
http://www.bbb.org/nebraska/business-reviews/office-furniture-and-equipment-rental-and-leasing/axis-capital-in-grand-island-ne-104008575

BSB Leasing, Englewood, Colorado
http://www.bbb.org/denver/business-reviews/financial-services/b-s-b-leasinginc-in-englewood-co-26029

--Accredited 6/20/1996
Charter Capital, Scottsdale, Arizona
http://www.bbb.org/central-northern-western-arizona/business-reviews/leasing-service/charter-capital-in-scottsdale-az-89000861/

Chase Industries, Grand Rapids, Michigan
http://www.bbb.org/western-michigan/business-reviews/leasing-service/chase-industries-in-grand-rapids-mi-38115448

CSI Leasing, St. Louis, Missouri
http://www.bbb.org/stlouis/business-reviews/computers-dealers/cs-i-leasing-in-saint-louis-mo-110207320

De Lage Landen Financial Services, Incorporated, Wayne, Pennsylvania
http://www.bbb.org/washington-dc-eastern-pa/business-reviews/financing/de-lage-landen-financial-services-incorporated-in-wayne-pa-80012304/

Direct Capital, Portsmouth, New Hampshire
http://www.bbb.org/concord/business-reviews/financial-services/direct-capital-corporation-in-portsmouth-nh-3004519#

Enterprise Capital Partners dba Enterprise Leasing, Spokane, Washington
http://www.bbb.org/eastern-washington/business-reviews/investment-advisory-service/enterprising-capital-partners-in-spokane-wa-64002656/

--Accredited 3/10/2011
Financial Pacific, Federal Way, Washington
http://www.bbb.org/western-washington/business-reviews/consumer-finance-and-loan/financial-pacific-leasing-in-federal-way-wa-22025327

--Accredited 8/10/2011
Five Point Capital, San Diego, California
http://www.bbb.org/san-diego/business-reviews/financing/five-point-capital-inc-in-san-diego-ca-20001011/

--Accredited 12/27/2010
Great America Leasing, Cedar Rapid, Iowa
http://www.bbb.org/iowa/business-reviews/financing/great-america-leasing-in-cedar-rapids-ia-20000104

--Accredited 8/19/2011
iFinancial Group, San Clemente, California
http://www.bbb.org/orange-county/business-reviews/leasing-service/ifinancial-group-inc-in-san-clemente-ca-13077753

Innovative Leasing Services, Inc. Carlsbad, California
http://www.bbb.org/san-diego/business-reviews/leasing-service/innovative-lease-services-inc-in carlsbad-ca-10008827/

--Accredited 7/20/2011
Jules & Associates, Los Angeles, California
http://www.bbb.org/sanjose/business-reviews/office-furniture-and-equipment-rental-and-leasing/jules-and-associates-in-los-angeles-ca-92003291

---Accredited 1/2/1993
Key Equipment Finance aka KeyBank Headquarters Location
http://www.bbb.org/cleveland/business-reviews/banks/keybank-in-cleveland-oh-6747

--Accredited 5/9/2003
Lease Corporation of America, Troy, Michigan
http://www.bbb.org/eastern-michigan/business-reviews/computers-software-and-services/lease-corporation-of-america-in-troy-mi-45000151/

Accredited since 08/01/1997
Lease $mart, Oro Valley, Arizona  85737
http://www.bbb.org/tucson/business-reviews/leasing-service/lease-mart-in-tucson-az-6762

Leasing Innovations, Inc., Solano Beach, Californiahttp://www.bbb.org/san-diego/business-reviews/financial-services/leasing-innovations-inc-in-solana-beach-ca-19005998

---Accredited 2/22/2011
Marlin Leasing, Mount Laurel, New Jersey
http://www.bbb.org/new-jersey/business-reviews/business-consultants/marlin-leasing-in-mt-laurel-nj-80012102

Mazuma Capital Corp., Salt Lake City, Utah
http://www.bbb.org/utah/business-reviews/contractor-equipment-and-supply-rental-and-leasing-companies/mazuma-capital-in-draper-ut-22214565

---Accredited since 08/09/2007
North Mill Capital, LLC, Minneapolis, Minnesota
http://www.bbb.org/minnesota/business-reviews/loans-small-business/north-mill-capital-in-minneapolis-mn-96063541

Orion First Financial, Gig Harbor, Washington
http://www.bbb.org/western-washington/business-reviews/consumer-finance-and-loan-companies/orion-first-financial-in-gig-harbor-wa-37003864

Accredited since 09/02/1999
P&L Capital, Omaha, Nebraska 68137
http://www.bbb.org/nebraska/business-reviews/office-furniture-and-equipment-rental-and-leasing/p-and-l-capital-in-omaha-ne-104006668

Pawnee Leasing, Fort Collins, Colorado
http://www.bbb.org/wyoming-and-northern-colorado/business-reviews/leasing-companies/pawnee-leasing-corporation-in-fort-collins-co-46006417

---Accredited since 08/21/2007
Portfolio Financial Servicing Company, Portland, Oregon
http://www.bbb.org/oregon/business-reviews/financial-services/portfolio-financial-servicing-company-in-portland-or-22140131

---Accredited 8/20/2009
Providence Capital Funding, Brea, California
http://www.bbb.org/orange-county/business-reviews/office-furniture-and-equipment-rental-and-leasing/providence-capital-funding-inc-in-brea-ca-100085193

Radiance Capital, Tacoma, Washington
http://www.bbb.org/western-washington/business-reviews/office-furniture-and-equipment-rental-and-leasing/radiance-capital-in-tacoma-wa-22227403

---Accredited 03/03/1979
Steelcase Financial Services, Grand Rapids, Michigan
http://www.bbb.org/western-michigan/business-reviews/office-furniture-and-equipment-wholesale-and-mfg/steelcase-in-grand-rapids-mi-14000824

---Accredited 3/11/2005
Strada Capital Corporation, Laguna Hills, California
http://www.bbb.org/orange-county/business-reviews/office-furniture-and-equipment-rental-and-leasing/strada-capital-corporation-in-laguna-hills-ca-100005606

---Accredited 12/19/2007
Summit Funding Group, Cincinnati, Ohio
http://www.bbb.org/cincinnati/business-reviews/financing/summit-funding-group-inc-in-cincinnati-oh-1206757/

Tetra Financial Group, Salt Lake city, Utah
http://www.bbb.org/utah/business-reviews/credit-services/tetra-financial-group-in-salt-lake-city-ut-22186390

United Leasing, Evansville, Indiana
http://www.bbb.org/evansville/business-reviews/leasing-companies/united-leasing-in-evansville-in-99475

A

--Accredited since 12/13/1999-
Balboa Capital Corporation, Irvine, California
http://www.bbb.org/orange-county/business-reviews/loans-small-business/balboa-capital-corporation-in-irvine-ca-13126386

--Accredited 4/6/2010
Cornerstone Medical & Technology Finance, Lees Summit, Missouri
http://www.bbb.org/kansas-city/business-reviews/financial-services/cornerstone-medical-and-technology-finance-in, -lees-summit-mo-99153606

---Accredited 8/12/2010
Navitas Lease Finance Corp., Ponte Vedra Beach, Florida
http://www.bbb.org/north-east-florida/business-reviews/financial-services/navitas-lease-finance-corp-in-ponte-vedra-beach-fl-125716478/

Onset Financial, South Jordan, Utah http://www.bbb.org/utah/business-reviews/financial-services/onset-financial-in-south-jordan-ut-403

Southern California Leasing, Tustin, California
http://www.bbb.org/orange-county/business-reviews/computers-rent-and-lease/southern-california-leasing-incorporated-in-tustin-ca-13135867

“Factors that lowered the rating for Southern California Leasing Incorporated include:

BBB does not have a clear understanding of this business”

TCF Equipment Finance, Minnetonka, Minnesota
http://www.bbb.org/minnesota/business-reviews/consumer-finance-and-loan-companies/tcf-equipment-finance-in-minnetonka-mn-96072521

Varilease Finance, Inc., Salt Lake City, Utah
http://www.bbb.org/utah/business-reviews/credit-services/varilease-finance-in-salt-lake-city-ut-22165465

A-

Dakota Financial, LLC., Los Angeles, California
http://www.bbb.org/sanjose/business-reviews/loans-small-business/dakota-financial-in-los-angeles-ca-13177252

(Note no complaints, no reason for the downgrade) “Length of time business has been operating. No complaints filed with BBB. BBB has sufficient background information on this business.”

Equilease Financial Services, Norwalk, CT (now part of North Mill Equipment Finance, a subsidiary of Colford Capital. North Mill Capital is rated A+).
http://www.bbb.org/connecticut/business-reviews/financial-services/equilease-financial-service-in-norwalk-ct-1003628

B

LEAF Financial Corporation, Philadelphia, PA
http://www.bbb.org/washington-dc-eastern-pa/business-reviews/financial-services/leaf-financial-corporation-in-philadelphia-pa-55049028/

Varilease Finance, Inc., Salt Lake City, Utah
http://www.bbb.org/utah/business-reviews/credit-services/varilease-finance-in-salt-lake-city-ut-22165465

C+

TimePayment Corporation
http://www.bbb.org/boston/Business-Reviews/leasing-service/timepayment-corp-in-burlington-ma-117288/bbb-rating

NOT Rated

(Formerly Accredited 2/10/2007)
Ability Capital Solutions, Long Beach, California
http://www.bbb.org/sanjose/business-reviews/leasing-service/ability-capital-solutions-in-long-beach-ca-100046803

Atel Capital
http://www.bbb.org/greater-san-francisco/business-reviews/equipment-rentals-and-sales/atel-in-san-francisco-ca-76975

Bankers Capital
http://www.bbb.org/central-western-massachusetts/business-reviews/financing/bankers-capital-in-northborough-ma-262264

Business Leasing NorthWest, Seattle, California
http://www.bbb.org/western-washington/business-reviews/leasing-service/business-leasing-northwest-in-seattle-wa-22035387

Icon Capital Group, Harrison, New York
http://www.bbb.org/NYC/business-reviews/financing-consultants/icon-capital-corp-in-harrison-ny-27583/ (Icon Capital now into gas and oil).

(Formerly Accredited 12/13/2007)
Matrix Business Capital, Long Beach, California
http://www.bbb.org/sanjose/business-reviews/office-furniture-and-equipment-rental-and-leasing/matrix-business-capital-in-long-beach-ca-100041782

Newport Financial Partners, Newport Beach, California
http://www.bbb.org/orange-county/business-reviews/financial-services/newport-financial-partners-llc-in-newport-beach-ca-100100708

Somerset Capital Group, Milford, Connecticut
http://www.bbb.org/connecticut/business-reviews/leasing-service/somerset-capital-group-in-bridgeport-ct-1001573
(This company was

Studebaker-Worthington Leasing Corp., Jericho, New York
http://www.bbb.org/NYC/business-reviews/financing/studebaker-worthington-leasing-corp-in-jericho-ny-21198/

Susquehanna Commercial Finance, Pottstown, Pennsylvania
http://www.bbb.org/washington-dc-eastern-pa/business-reviews/financial-services/susquehanna-commercial-finance-in-pottstown-pa-140042240/

Tri Star Capital, Santa Ana, California
http://www.bbb.org/orange-county/business-reviews/office-furniture-and-equipment-rental-and-leasing/tri-star-capital-llc-in-santa-ana-ca-13137212
(Note: company in wind down, no longer active)

Note: Many banks and financial Institutions with leasing entities evidently do not have their leasing divisions separated from bank and financial institutions ratings. No rating was found on the leasing divisions.

Find your company's BBB listing by going to www.bbb.org and using your zip code first for the right division.

To list your company in the next listing, please email rating to kitmenkin@leasingnews.org




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

Leasing Industry Help Wanted



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

Please see our Job Wanted section for possible new employees. 

 

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

The Salary You Must Earn to Buy a Home in 27 Metros
HSH.com


  1. Cleveland: $29,788.67

  2. Pittsburgh: $30,177.78

  3. St. Louis: $31,275.49

  4. Cincinnati: $31,850.18

  5. Detroit: $32,250.30

  6. Atlanta: $34,183.44

  7. Tampa: $36,437.56

  8. Phoenix: $41,308.74

  9. Orlando: $43,243.95

  10. San Antonio: $44,506.00

  11. Minneapolis: $45,732.39

  12. Dallas: $47,708.77

  13. Houston: $49,036.60

  14. Philadelphia: $50,546.25

  15. Chicago: $52,866.88

  16. Baltimore: $53,078.51

  17. Sacramento: $58,113.87

  18. Miami: $59,734.23

  19. Denver: $59,892.46

  20. Portland, Ore.: $60,307.71

  21. Seattle: $73,851.06

  22. Washington, D.C.: $78,503.56

  23. Boston: $79,820.01

  24. Los Angeles: $85,964.88

  25. New York City: $89,788.69

  26. San Diego: $98,534.22

  27. San Francisco: $137,129.55

To calculate the figure, HSH.com used the National Association of Realtors’ first-quarter data for median home prices and HSH.com’s first-quarter average interest rate for 30-year, fixed-rate mortgages, to determine how much of a homeowner’s salary it would take to afford the base cost of owning a home.

For the full analysis as well as the detailed methodology, click here: http://www.hsh.com/finance/mortgage/salary-home-buying-25-cities.html

 


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

Brican Verdict Still Out
by Michael J. Witt

(This involves one of the last scandals remaining, concerning over 4,000 dentists who signed agreements for a large television screen in their waiting offices that ran advertisements for products and the dentist’s services. The advertisements came from a Brican America advertising company and maintenance for the computer and the actual ads were from Brican America who told dentists that by running the ads, it would make the payments on the display screen and computer.

(The problem is Brican America ran out of advertising and was not providing the money to the dentists for the lease payments. During this time long time leasing executive Chuck Brazier was trying to sell off the Brican America’s portfolios, as the company was having difficulty "laying off the paper.

(The difficulty came to Leasing News’ attention, who quickly learned the founder of the company had done the same before, and Leasing News sent out an alert. It brought a threatening letter from attorney Charles H. Lichtman, who has been involved in such letters with Leasing News (1)

(The dentists got involved in their dental associations, created a Yahoo blog and joined together, especially the 1,672 lessees of NCMIC Finance Corporation dba Professional Solutions Financial Services (PSFS), Clive, Iowa, regarding $38 million. Many other dentists were left to hang with other leasing companies as they did not join the class action suit.

(This article is from a Leasing News contributing columnist, now Principal at Portfolio Audits. Des Moines, Iowa. He continues his law practice, Witt Law, which he began September, 2008. Prior, he was Managing Counsel, Wells Fargo & Co. (May, 2003 – September, 2008); Senior Vice President & General Counsel, Advanta Business Services (May, 1988 – June, 1997)

Christopher Menkin, editor

Brican Verdict Still Out

The small-ticket leasing community continues to wait for the trial judge’s verdict in the high-profile multi-plaintiff suit In re: Brican America, LLC Equipment Leasing Litigation (Case No. 10-MD-02183-PAS, U.S. District Court, Southern District of Florida). The case, tried over six days last month, involves one of the most unique kinds of alleged vendor fraud: a promise that the equipment is, almost literally, a goose that lays golden eggs.

The plaintiffs are a group of dentists and other medical professionals from around the country who leased equipment supplied by Brican America, LLC. The lessor was an affiliate, Brican America Inc. (collectively “Brican”). Each lease was immediately assigned to NCMIC Finance Corporation (“NCMIC”), an independent leasing company. The equipment consists of a flat-screen TV, computer and software, having a cost of approximately $3,500, used to display health-related advertisements in the doctors’ waiting rooms. A typical lease had a 60-month term, a dollar purchase option, and a total of payments of approximately $24,000 ((carrying an implicit annual interest rate, arguably, of about 137%-- $3500 original principal (equipment cost), $24,000 total of payments over 5 years = 137% )).

How could a prospective lessee rationalize spending that kind of money for a few thousand dollars’ worth of equipment? Brican made the decision fairly easy, at least to those trusting doctors who signed leases, by presenting them with a separate contract titled “Marketing Agreement” under which they were to receive, in consideration for their running the advertisements, periodic payments in amounts that would offset their monthly lease payments.

All of this begs the question: Do doctors on the whole, for all their education, lack street smarts? The answer clearly is “No.” Evidence was put on at trial showing that some of sales prospects who were pitched the deal walked away, concluding that it was too good to be true. But for those other prospects who were riding the fence between Go and No-go, there was more to the deal that intrigued them. There was what we can call the “clincher,” the part of the deal guaranteeing them that what might have seemed too good to be true at first, really was not. The clincher was the clause in the marketing agreement giving the doctor the right to cancel the separate lease if the advertising revenue should stop for any reason. “It’s right there, clear as day, in the marketing agreement, in black and white,” each lessee must have thought. “Therefore, it must take priority over the hell-or-high-water clause in the lease stating that the lease was non-cancellable for any reason.” Right?

Wrong.

What happened next requires no resort to an eight ball. The advertising revenue slowed and eventually stopped, and the doctor-lessees filed suit against the Brican entities and NCMIC. The Brican entities are now, for all essential purposes, defunct. (Of course. One of the owners of the Brican companies was Jean-Francois Vincens, who had been involvement in the similar Recomm International Display Limited scheme back in the mid-90s that cost unwary lessees so much money and ended with Recomm filing bankruptcy.)

The essence of the plaintiffs’ claims against the only viable defendant, NCMIC, is that (i) Brican had committed fraud-in-the-inducement in that it knew, when it presented the document package to each lessee, that it would be unable to pay the advertising revenue over the long term, and (ii) NCMIC knew about the scheme before purchasing the leases and therefore should not be allowed to enforce the leases. The plaintiffs did offer testimony from NCMIC’s own managers and a former managers showing that they had become generally aware of the existence of marketing agreements in some of the leases but kept funding new business (until eventually, many months later, they cut off all new purchases when becoming aware that Brican’s use of the marketing agreement was much wider than had earlier been represented by Brican.) The essence of NCMIC’s defense is that the leases contained clauses in which the lessees agreed not to raise against an assignee (here, NCMIC) any claims and defenses they might have against the original lessor, Brican.

It is far beyond the scope of this article to discuss all of the factual and legal questions that must be answered by the judge. The largest, and perhaps most difficult, issue is the question of whether NCMIC is a “holder in due course.” The applicable law is found in UCC Section 9-403(b)(2), which states that where an account debtor makes an agreement with an assignor (here, Brican) not to assert against an assignee (here, NCMIC), claims or defenses the debtor may have against the assignor, the agreement is enforceable by the assignor if the assignor meets the holder-in-due-course test of 9-403(b). The only factor in 9-403(b) that is in issue in this case, based on the evidence that was presented, is whether NCMIC made the lease purchases “in good faith.” The plaintiffs’ argument that NCMIC did not act in good faith is, essentially, that (i) NCMIC kept purchasing leases after it had become aware that Brican was using the marketing agreements and (ii) NCMIC knew or should have known that Brican would lack the financial resources to pay the lessees’ advertising revenue but bought the leases anyway, intending to shield itself behind the hell-or-high-water and waiver-of-defenses clauses. NCMIC’s argument that it was acting in good faith is, essentially, that it believed, based on what Brian told it, that marketing agreements were rarely used, and that it stopped buying leases when it learned that the use of those agreementd was widespread and that the business model Brican had developed to raise cash with which to pay the advertising revenue was fundamentally flawed.

To this writer’s way of thinking, the ultimate question coming out of the Brican case is not the technical legal issue the judge must decide under Article 9 of the UCC. Nor is it the more philosophical question of whether the risk of vendor fraud should be allocated, in our legal system, more to the funding source or more to the lessee—although perhaps this is the penultimate question. Rather, the ultimate question is the same old question that has remained at the end of the many other cases of alleged vendor fraud that preceded Brican: When is mass vendor fraud finally going to stop? The answer is, probably no time soon, given the stark reality that the equipment leasing industry continues to be probably the most un-regulated segment in all of lending. Although the players (lessors, vendors and funding sources) in this business tend to knee-jerk against more regulation, an argument can be made that more states need to adopt laws like the California Finance Lenders Law, which requires commercial lenders and brokers to post a bond and to undergo (among other strictures) background checks and fingerprint analysis on their directors and key officers before being granted a license. One might well question whether Brican was licensable in California, given the history of Mr. Vincens. Should the California model be adopted in the other states? It’s a question worth asking.

I will close with a small case in point. A few months ago, a client asked me to compile a 50-state survey on licensing and other laws specifically applicable to his small-ticket leasing company’s business model. Here is someone who invites scrutiny into the industry. Not because he enjoys spending money on being examined, but because, as he put it, “I’m tired of competing with fraud.” Again, the question is worth asking.

Michael J. Witt
WITT LAW
4342 Oakwood Lane
West Des Moines, IA 50265
Tel: (515) 223-2352
Cell: (515) 868-1067
E-mail: witt-legal@outlook.com
Web: www.witt-legal.com

  1. Brican America Attorney Charles H. Lichtman
    http://leasingnews.org/archives/December%202009/12-14-09.htm#brican_letter

    (2) The case presented in the original complaint involved more than a thousand plaintiffs and is exceedingly complex in that the multiple-document contract sets (at least eight different ones) varied from doctor to doctor, and some of the leases were originated by the vendor and assigned to various independent funding sources while others were written directly by the funding sources. Many of the plaintiffs’ cases were dismissed prior to trial. This article focuses only on the claims of the plaintiffs who made it to trial.

Brican America/Brican Financial Lawsuits
http://www.leasingnews.org/Conscious-Top%20Stories/brican_america.htm




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

China Leasing Summit 2014

June 18-20, 2014
China Leasing Summit 2014
Sixth Annual Conference
Crowne Plaza Beijing Chaoyang U-Town
Beijing, China

Leasing News is one of the Media Sponsors
for the China Leasing Summit 2014

To learn more, please go here:
http://www.duxes-events.com/lease14/

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


Boxer/Terrier Mix
Brentwood, California Adopt-a-Dog



Baby Buster

Pet ID 120230
Male
Medium
House Trained
Shots Current

About Baby Buster

"Buster - what a perfect name for this adorable boy. Buster was found wandering around an apartment complex and a Good Samaritan took him in. His owners have not shown up to claim him but it is obvious he was cared for and loved as he is in great health and loves to be loved.

"Buster has a gorgeous fawn brindle coat that photos simply do not do justice. Due to his personality, stature and deep chest we do believe that Buster is most likely a Boxer/Terrier mix. The perfect Purebred Mutt!

"Buster is between five and six months old and is a love bug. He is working on leash training, is nearly 100% house trained, He gets along great with other dogs and is on the submissive side. He is fostered in a home where there is a young child and gets along great with kids too.

"Buster will be ready to adopt around May 25th. Until then we are taking applications for him. If you are interested in adopting Buster, please go to our website - throwmeabonedogrescue.org - and click on Adoption Process. Read through that page and you'll find the link for the application you need to complete and submit.

"All potential adopters are expected to complete an application and provide pictures of their yard, patio, and/or balcony making sure we can see the fence line and/or railing. The application can be completed and submitted from our website - throwmeabonedogrescue.org - and is found under Resources. Applications will be reviewed for approval before setting an appointment to come meet and possibly adopt the dog of interest. In addition, those who live in a rental property are expected to provide proof that they are allowed to have a dog where they live.

"Each of our rescued dogs has been de-wormed if necessary, de-flea'd (with topical treatment if old enough, and by medicated bath if too young), spayed/neutered, microchipped, is up to date on shots, and has been fully examined by a veterinarian. In addition, each adopted dog comes with a starter baggie of the food it has been eating, a few treats for training purposes, a rawhide chew, a lead and collar, and a folder containing pertinent records."

Contact Form:
http://www.petfinder.com/petdetail/29218162/

Throw Me A Bone Dog Rescue
Brentwood, CA 94513

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

 

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

Classified ads—Asset Management

Leasing Industry Outsourcing
(Providing Services and Products)

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

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

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

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

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

Asset Storage/Re-Marketing: Ohio & surrounding states. Providing no cost warehousing, condition reports, digital photos and remarketing of off-lease forklifts & industrial equipment. NAFTA wide dealer network. Email to GCochran@OhioLift.com Asset Management
Melville, New York
Auctions, Appraisals, National Repossessions.  ALL asset classes. 20+ year team works for you. Spend less, Net More… Fast!
Ed Castagna 516-229-1968ecastagna@inplaceauction.com
Asset Management:
South East US- AllState Asset Management 
Recovery, remarketing, inspections. 25 years experience, dedicated to deliver, prompt, professional services. 
Call Brian @ 704-671-2376.
email
Asset Management: Global
Specializing in Semiconductor and Electronic Test Equipment collateral. Lender services include Consignment Sales, Remarketing, Portfolio Purchases, Inspections, De-installation, Repairs and Warehousing. 
www.testequipmentconnection.com
email
Bulldog Asset Management provides recovery and remarketing services with a difference. Contingent repos, free storage and industry experts to remarket. Email:Jamie@bulldogasset.com 
www.bulldogasset.com

 


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


John Kenny 
Receivables Management

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

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

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

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

  


News Briefs----

MasterCard Ditches ‘Mobile Wallets’
http://www.bankinnovation.net/2014/05/mastercard-ditches-mobile-wallets/

10 Most Powerful Cars of the Decade
http://www.bankrate.com/finance/auto/most-powerful-cars-1.aspx

Petco to stop selling pet treats made in China
http://www.pressdemocrat.com/article/20140520/wire/140529979

 


[headlines]

--------------------------------------------------------------



--You May Have Missed It

Times boss speaks: Why I fired Abramson
http://nypost.com/2014/05/20/times-publisher-says-abramson-had-lost-newsrooms-support/



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

SparkPeople--Live Healthier and Longer



Red, White and Blue Foods that are Good for You
http://www.sparkpeople.com/resource/slideshow.asp?show=43


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

Baseball Poem

"A clever runner steals a base." - James J. Metcalfe

James J. Metcalfe was a widely syndicated columnist for the Chicago Sun-Times and a German-American poet that put together a very nice poem that truly does catch the essence of the game in a most eloquent manner.

Baseball 

by James J. Metcalfe ©

Published: Unknown (Unknown)

The game of baseball is the king
Of all the games we play
And it is one pursuit that is
Distinctly U.S.A.
The people swarm into the stands
To watch their favorite teams
And munch their hot dogs when their lungs
Are not engaged in screams
The pitcher hurls the horsehide and
The batter gets a hit
Or else the ball goes sailing and
Some fielder smothers it
A clever runner steals a base
A player takes a walk
Or managers and umpires
Decide to have a talk
The crowd is gay or gloomy or
Completely in suspense
But it goes wild when someone knocks
The ball beyond the fence. 

http://www.baseball-almanac.com/poetry/po_bball.shtml


[headlines]

--------------------------------------------------------------


Sports Briefs----

Ex-49er Bubba Paris sentenced for failing to file taxes
http://www.sfgate.com/crime/article/Former-49er-sentenced-for-failing-to-file-taxes-5489525.php

Golden State Warriors introduce new coach Steve Kerr in Oakland
http://photos.mercurynews.com/2014/05/20/photos-golden-state-warriors-introduce-new-coach-steve-kerr-in-oakland/#1
http://www.contracostatimes.com/warriors/ci_25800375/warriors-steve-kerr-says-he-has-philosophy-and

Jerry Jones: ‘Great friend’ Jon Bon Jovi an ‘outstanding candidate’ to be the Bills’ next owner
http://cowboysblog.dallasnews.com/2014/05/jerry-jones-great-friend-jon-bon-jovi-an-outstanding-candidate-to-be-the-bills-next-owner.html/

Minneapolis to host 2018 Super Bowl; Cowboys can bid for 2019 game
http://www.dallasnews.com/sports/dallas-cowboys/headlines/20140520-minneapolis-to-host-2018-super-bowl-cowboys-can-bid-for-2019-game.ece


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


California Nuts Briefs---

Tweeting clerk quits, tells Pleasant Hill what she really thinks
http://blog.sfgate.com/stew/2014/05/20/tweeting-official-quits-tells-pleasant-hill-what-she-really-thinks/



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



“Gimme that Wine”

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

Anderson Valley, No. Ca., growing as destination for wine and cheese
http://www.sfgate.com/travel/article/Anderson-Valley-growing-as-destination-for-wine-5482518.php

Time to head to Pinot country

Memorial Day weekend is coming up, and that means it's time to head to Oregon's Willamette Valley.

This is one of just two weekends per year (the other being Thanksgiving) when most of the valley's wineries will fling open their doors for fans.

This means that if you're into Pinot Noir, Pinot Gris and Chardonnay, this is your weekend.

This also is the Willamette Valley's 30th anniversary as an American Viticultural Area, having been approved by the federal government in December 1983. Today, the Willamette Valley is well established as an important and growing wine region.

It's also one of the most beautiful, especially in bucolic Yamhill County, just southwest of Portland.

Learn More by going here:
http://willamettewines.com/

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]
----------------------------------------------------------------

This Day in History

    1542 – On the banks of the Mississippi River in present-day Louisiana, Spanish conquistador Hernando de Soto dies, ending a three-year journey for gold that took him halfway across what is now the United States. In order that Indians would not learn of his death, and thus disprove de Soto’s claims of divinity, his men buried his body in the Mississippi River. In late May 1539, de Soto landed on the west coast of Florida with 600 troops, servants, and staff, 200 horses, and a pack of bloodhounds. From there, the army set about subduing the natives, seizing any valuables they stumbled upon, and preparing the region for eventual Spanish colonization. Traveling through Florida, Georgia, South Carolina, across the Appalachians, and back to Alabama, de Soto failed to find the gold and silver he desired, but he did seize a valuable collection of pearls at Cofitachequi, in present-day Georgia. Decisive conquest also eluded the Spaniards, as what would become the United States lacked the large, centralized civilizations of Mexico and Peru. As was the method of Spanish conquest elsewhere in the Americas, de Soto ill-treated and enslaved the natives he encountered. For the most part, the Indian warriors they encountered were intimidated by the Spanish horsemen and kept their distance. In October 1540, however, the tables were turned when a confederation of Indians attacked the Spaniards at the fortified Indian town of Mabila, near present-day Mobile, Alabama. All the Indians were killed, along with 20 of de Soto’s men. Several hundred Spaniards were wounded. In addition, the Indian conscripts they had come to depend on to bear their supplies had all fled with baggage. De Soto could have marched south to reconvene with his ships along the Gulf Coast, but instead he ordered his expedition north-westward in search of America’s elusive riches. In May 1541, the army reached and crossed the Mississippi River, probably the first Europeans ever to do so. From there, they traveled through Arkansas and Louisiana, still with few material gains to show for their efforts. Turning back to the Mississippi, de Soto died of a fever on its banks on May 21, 1542. The Spaniards, now under the command of Luis de Moscoso, traveled west again, crossing into north Texas before returning to the Mississippi. With nearly half of the original expedition dead, the Spaniards built rafts and traveled down the river to the sea, and then made their way down the Texas coast to New Spain, finally reaching Veracruz, Mexico, in late 1543.
        1796-Attorney and Statesman Reverdy Johnson was born in Annapolis, Maryland. Although he personally opposed slavery, Johnson represented the slave-owning defendant in the 1857 Dred Scott case in which the U.S. Supreme Court decided that slaves could not be citizens of the United States. The court's decision increased antislavery sentiment in the North and fed the antagonism that sparked the Civil War. He was a key moderate during the days of reconstruction and deserves a more noteworthy place in history than he has received.
http://memory.loc.gov/ammem/today/may21.html
    1819-Victoria Day, Canada commemorates the birth of Queen Victoria, May 24, 1891
    1819-Imported bicycles made their first appearance in New York City. The Common Council met on August 19 and passed a law “to prevent the use of velocipedes in public places and on the sidewalks of the City of New York.” In their early years, bicycles were called velocipedes, curricles, or swift walkers.
    1832- Baltimore, MD, at the Athenaeum, the first Democratic National Convention was held under the name Republican Party. Delegates from 21 states and DC nominated Andrew Jackson for president and Martin Van Buren for vice-president, the latter to succeed incumbent John C. Calhoun of South Carolina.  This was precipitated by Calhoun’s advocacy for nullification involving a Supreme Court decision, resulting in his disfavor among much of the party. The party was officially the “Democratic-Republican Party, “and remained so until 1840.  The Whig and the Whip parties eventually became the Republican Party, but not as we know it today.  The Republican Party then was more “liberal” and the “National Democratic Party” was considered the “conservative wing.”
    1833-Black students enroll in classes at Oberlin College, Ohio
http://www.oberlin.edu/~welcome/history.html
   1860 - A swarm of tornadoes occurred in the Ohio Valley. Tornadoes struck the cities of Louisville, KY, Cincinnati, OH, Chillicothe, OH, and Marietta, OH, causing a million dollars damage.
    1863 – Nathaniel Banks, commander of the Union Department of the Gulf, surrounds the Confederate stronghold at Port Hudson and attacks. Fortifications were built at Port Hudson in 1863 to protect New Orleans from a Union attack down the Mississippi River. On April 25, 1862, New Orleans had fallen into Union hands following an attack from the Gulf of Mexico by Admiral David Farragut. Still, Port Hudson was considered an important installation for the South since it was a significant threat to Federal ships on the Mississippi River. In 1863, the Union command began to focus attention on clearing the Mississippi of all Rebels. On May 21, Gardner received orders from Joseph Johnston, operating in Mississippi, to abandon the fort. But Gardner refused, and asked for reinforcements. This was a fatal mistake, and Banks soon had Gardner surrounded. For the next three weeks, Banks attempted to capture Port Hudson but failed each time. It was not until Vicksburg surrendered on July 4 that Gardner also surrendered.
    1878 – American aviation pioneer and a founder of the U.S. aircraft industry Glenn Curtiss was born at Hammondsport, NY. Curtiss made the first officially witnessed flight in North America, won a race at the world's first international air meet in France, and made the first long-distance flight in the United States. His contributions in designing and building aircraft led to the formation of the Curtiss Aeroplane and Motor Company, now part of Curtiss-Wright Corporation. His company built aircraft for the U.S. Army and Navy, and, during the years leading up to World War I, his experiments with seaplanes led to advances in naval aviation. Curtiss civil and military aircraft were predominant in the inter-war and World War II eras. He died at Buffalo, NY, July 23, 1930.
    1881- Let’s set the record straight and get away from the public relations story. The first meeting of what was to become the American Red Cross happened at the home of Adolphius Simeon Solomons in Washington, D.C., where he and Clara Barton founded the American Association of the Red Cross, as part of an international humanitarian movement to provide help to victims of war and natural disasters. It was thought the organization would have a better chance of growth with a woman as president, which Mr. Solomons made an official motion.  It was made part of the International Red Cross on March 16, 1882 (started in Switzerland, 1864).
    1881-The United Sates Lawn Tennis Association was formed at the Fifth Avenue Hotel, New York City, by 34 clubs.  It formulated the rules of play, standardized the height of the net and the size of the ball, and ruled on such matters as the service line and the size of the court.  The first president was Robert Shaw Oliver of the Albany Tennis Club. In 1975, the name was changed to the United States Tennis Association.
    1895 - The temperature at Norwalk, OH, dipped to 19 degrees to set a state record for the month of May.
    1896 - The mercury soared to 124 degrees at Salton, CA, to establish a U.S. record for May.
    1901- Connecticut passed the first speeding driver's law, “the speed of all motor vehicles should not exceed 12 miles per hour on country highways and eight miles per hour on highways within city limits.”
http://www.linkny.com/curtissmuseum/
    1904-Birthday of great singer/pianist Thomas ”Fats” Waller, New York City, NY. Perhaps the first jazzman I listened to as a young man as my father collected his vinyl records, and often played his jazz organ playing. More than 40 years after his death, he remains one of the most popular of all jazz musicians, admired even by those who say they don't like jazz. Many of his tunes, such as "Honeysuckle Rose," "Ain't Misbehavin' " and "Blue Turning Grey Over You," are considered popular music standards. Waller's commercial success and international fame did not begin until 1934, although he began recording 12 years earlier. It was in '34 that he formed the first of the "Fats Waller and His Rhythm" bands. The five-piece group provided the setting for Waller's lighthearted and often humorous vocals, which by then overshadowed his piano playing. Fats Waller died of natural causes on December 15th, 1943 while traveling aboard the Sante Fe Express train. http://www.duke.edu/~jss7/fatspage.htmlhttp://www.redhotjazz.com/fats.htmlhttp://www.downbeat.com/artists/window.asp?aid=195&aname=Fats+Walle
http://hoflink.com/~alevy/waller.htm
http://us.imdb.com/Name?Waller,+Fats
    1909- Massachusetts approved the first credit union, sponsored by Pierre Jay, the first bank commissioner of the state.
    1912-Monty Franklin Pierce Stratton, baseball player, born at Celeste, TX. Stratton's five-year career in the major leagues was ended when his leg was amputated after he accidentally shot himself in a hunting accident.  Jimmy Stewart played Stratton in a very successful moving based roughly on his life. Died at Greenville, TX, Sept 29, 1982 .http://www.pricegrabber.com/search_videos2.php/form_movieid=1044072/ut=0cea001161ce67c0
    1917-Birthday of Raymond Burr, stage, film and TV actor best known for the role of Perry Mason in the series of the same name (my late father Lawrence Menkin was the story editor, and also wrote many of the episodes. He had many funny stories to relate about the actors during the filming of the series.)  He has many other TV series, including “Ironside” as well as was owned and operated a winery in Sonoma, California (still in operation).  Burr was born at New Westminster, British Columbia, and died near Healdsburg, CA, September 12, 1993.
http://www.raymondburrvineyards.com/
   1918--IZAC, EDOUARD VICTOR MICHEL Medal of Honor
Rank and organization: Lieutenant, U.S. Navy. Place and date: Aboard German submarine U-90 as prisoner of war, 21 May 1918. Entered service at: Illinois. Born: 18 December 1891, Cresco, Howard County, lowa. Citation: When the U.S.S. President Lincoln was attacked and sunk by the German submarine U-90, on 21 May 1918, Lt. Izac was captured and held as a prisoner on board the U-90 until the return of the submarine to Germany, when he was confined in the prison camp. During his stay on the U-90 he obtained information of the movements of German submarines which was so important that he determined to escape, with a view to making this information available to the U.S. and Allied Naval authorities. In attempting to carry out this plan, he jumped through the window of a rapidly moving train at the imminent risk of death, not only from the nature of the act itself but from the fire of the armed German soldiers who were guarding him. Having been recaptured and reconfined, Lt. Izac made a second and successful attempt to escape, breaking his way through barbed-wire fences and deliberately drawing the fire of the armed guards in the hope of permitting others to escape during the confusion. He made his way through the mountains of southwestern Germany, having only raw vegetables for food, and at the end, swam the River Rhine during the night in the immediate vicinity of German sentries.
    1921- Birthday of arranger/songwriter, trumpet player Henry Glover, Hot Springs, AR
http://www.citybeat.com/cea/fame/1999.html
    1929-Birthday of drummer Lawrence Marable, Los Angeles, Ca.
    1927 - Charles A. Lindbergh arrived to a hero's welcome in Paris, in his spindly monoplane, "The Spirit of St. Louis" (the famous plane is now displayed in the Smithsonian Institute in Washington, DC). Lindbergh's flight marked the first time that a person had flown across the Atlantic Ocean. The event got more press coverage than any other single even in history to that time. In American newspapers alone, it was estimated that some 27,000 columns of words were used to describe Lindbergh's epic journey. A depiction of that famous flight was portrayed by one of America's great motion picture actors, Jimmy Stewart, in the film, "The Spirit of St. Louis". Upon his return to American soil, Lucky Lindy was given another hero's welcome. He was also award the Medal of Honor:
“Rank and organization: Captain, U.S. Army Air Corps Reserve. Place and date: From New York City to Paris, France, 20-21 May 1927. Entered service at: Little Falls, Minn. Born: 4 February 1902, Detroit, Mich. G.O. No.: 5, W.D., 1928; act of Congress 14 December 1927. Citation: For displaying heroic courage and skill as a navigator, at the risk of his life, by his nonstop flight in his airplane, the Spirit of St. Louis, from New York City to Paris, France, 20-21 May 1927, by which Capt. Lindbergh not only achieved the greatest individual triumph of any American citizen but demonstrated that travel across the ocean by aircraft was possible.”
    1927- Arranger Bill  Holman Birthday
http://www.spaceagepop.com/holman.htm
    1932-Birthday of bandleader Bob Florence, Los Angeles, California. One of my high school idols, as I saw his band many times locally and patterned my 21 piece dance band after his. He passed away May 15, 2008.
http://en.wikipedia.org/wiki/Bob_Florence
http://www.spaceagepop.com/florence.htm
http://www.vh1.com/artists/az/florence_bob/bio.jhtml
http://www.asmac.org/HTML.PAGES/5.MEMBER_SPOTLIGHT/
MEMBERS_New/bob_florence.html
    1936- E.I. du Point de Nemours, Wilmington, DE, began production of Lucite, or polymethyl methacrylate, “ a plastic that is low in moisture absorption, highly nonconducting, and crystal clear, and that possesses the interesting property of bending light rays as the pass through”.  In 1938, they produced Teflon, but did not start commercial production until 1954.
    1940-Will Bradley (Wilbur Schwichtenberg) cuts “Beat Me Daddy, Eight to the Bar,” (Columbia 35530)http://www.vh1.com/artists/az/bradley_will/bio.jhtml
http://www.amazon.com/exec/obidos/external-search/104-5094193-3483111?tag=drjohnholleman&keyword=will+bradley&mode=music
    1941-Birthday of singer Ronald Isley (The Isley Brothers), Cincinnati, OH The group first hit the charts in 1959 with "Shout," which has since become a rhythm-and-blues standard recorded by such artists as Lulu, Tom Petty and the Blues Brothers. The Isleys were still on the charts in the early 1980's. Their 1981 album "Grand Slam" earned a gold record.
    1941-Claude Thornhill Band records their theme, “Snowfall.”
    1942-Freddie Slack with Ella Mae Morse records “ Cow Cow Boogie,” Los Angeles.
    1945 - Lauren Bacall and Humphrey Bogart were married. Legend has it that the couple fell in love in 1943 during making of the film, "To Have and Have Not". Theirs would become one of Hollywood's most enduring marriages
http://www.uselessknowledge.com/vmd/bio_bogart.shtml
    1945--DOSS, DESMOND T. Medal of Honor
Rank and organization: Private First Class, U.S. Army, Medical Detachment, 307th Infantry, 77th Infantry Division. Place and date: Near Urasoe Mura, Okinawa, Ryukyu Islands, 29 April-21 May 1945. Entered service at: Lynchburg, Va. Birth: Lynchburg, Va. G.O. No.: 97, 1 November 1945. Citation: He was a company aid man when the 1st Battalion assaulted a jagged escarpment 400 feet high as our troops gained the summit, a heavy concentration of artillery, mortar and machinegun fire crashed into them, inflicting approximately 75 casualties and driving the others back. Pfc. Doss refused to seek cover and remained in the fire-swept area with the many stricken, carrying them 1 by 1 to the edge of the escarpment and there lowering them on a rope-supported litter down the face of a cliff to friendly hands. On 2 May, he exposed himself to heavy rifle and mortar fire in rescuing a wounded man 200 yards forward of the lines on the same escarpment; and 2 days later he treated 4 men who had been cut down while assaulting a strongly defended cave, advancing through a shower of grenades to within 8 yards of enemy forces in a cave’s mouth, where he dressed his comrades’ wounds before making 4 separate trips under fire to evacuate them to safety. On 5 May, he unhesitatingly braved enemy shelling and small arms fire to assist an artillery officer. He applied bandages, moved his patient to a spot that offered protection from small arms fire and, while artillery and mortar shells fell close by, painstakingly administered plasma. Later that day, when an American was severely wounded by fire from a cave, Pfc. Doss crawled to him where he had fallen 25 feet from the enemy position, rendered aid, and carried him 100 yards to safety while continually exposed to enemy fire. On 21 May, in a night attack on high ground near Shuri, he remained in exposed territory while the rest of his company took cover, fearlessly risking the chance that he would be mistaken for an infiltrating Japanese and giving aid to the injured until he was himself seriously wounded in the legs by the explosion of a grenade. Rather than call another aid man from cover, he cared for his own injuries and waited 5 hours before litter bearers reached him and started carrying him to cover. The trio was caught in an enemy tank attack and Pfc. Doss, seeing a more critically wounded man nearby, crawled off the litter; and directed the bearers to give their first attention to the other man. Awaiting the litter bearers’ return, he was again struck, this time suffering a compound fracture of 1 arm. With magnificent fortitude he bound a rifle stock to his shattered arm as a splint and then crawled 300 yards over rough terrain to the aid station. Through his outstanding bravery and unflinching determination in the face of desperately dangerous conditions Pfc. Doss saved the lives of many soldiers. His name became a symbol throughout the 77th Infantry Division for outstanding gallantry far above and beyond the call of duty.
    1949---Top Hits
Riders in the Sky - Vaughn Monroe
Again - Gordon Jenkins
Forever and Ever - The Russ Morgan Orchestra (vocal: The Skylarks)
Lovesick Blues - Hank Williams
    1951--RODRIGUEZ, JOSEPH C. Medal of Honor
Rank and organization: Sergeant (then Pfc.), U.S. Army, Company F, 17th Infantry Regiment, 7th Infantry Division. Place and date: Near Munye-ri, Korea, 21 May 1951. Entered service at: California. Born: 14 November 1928, San Bernardino, Calif. G.O. No.: 22, 5 February 1952. Citation: Sgt. Rodriguez, distinguished himself by conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty in action against an armed enemy of the United Nations. Sgt. Rodriguez, an assistant squad leader of the 2d Platoon, was participating in an attack against a fanatical hostile force occupying well-fortified positions on rugged commanding terrain, when his squad’s advance was halted within approximately 60 yards by a withering barrage of automatic weapons and small-arms fire from 5 emplacements directly to the front and right and left flanks, together with grenades which the enemy rolled down the hill toward the advancing troops. Fully aware of the odds against him, Sgt. Rodriguez leaped to his feet, dashed 60 yards up the fire-swept slope, and, after lobbing grenades into the first foxhole with deadly accuracy, ran around the left flank, silenced an automatic weapon with 2 grenades and continued his whirlwind assault to the top of the peak, wiping out 2 more foxholes and then, reaching the right flank, he tossed grenades into the remaining emplacement, destroying the gun and annihilating its crew. Sgt. Rodriguez’ intrepid actions exacted a toll of 15 enemy dead and, as a result of his incredible display of valor, the defense of the opposition was broken, and the enemy routed, and the strategic strongpoint secured. His unflinching courage under fire and inspirational devotion to duty reflect highest credit on himself and uphold the honored traditions of the military service.
    1951—Birthday of Al Franken, born New York, NY. Now US Senator (D-Minnesota), comedian, actor, writer, best known for his Saturday Night Live performances.
    1952—Birthday of actor Mr. T (Rocky II, “The A Team”), born Lawrence Tureaud, Chicago, Illinois.
    1955 - Chuck Berry went into a recording session for Chess, performing a restyled version of "Ida Red". What came out of that hot session was Ida Red's new name and Chuck Berry's first hit, "Maybellene". "Maybellene" topped the R & B charts at #1, and the pop charts at #5. And Beethoven rolled over... http://www.chuckberry.com/
   1956 - 2,500 fans storm the stage at the Municipal Auditorium in Topeka, KS during Elvis Presley's show there.
    1956 – The US exploded the first airborne hydrogen bomb,
“Redwing”, over Bikini Atoll in the Marshall Islands in the Pacific Ocean. From 1946-58, the US exploded 23 bombs on the reef, underwater, and on the sea, before this first airborne explosion.
    1957- Reaffirming their decision to bar females from the Fenway Park's male-only press box, Boston baseball writers deny a seat to Doris O'Donnell, a feature writer following the Indians.
    1957---Top Hits
All Shook Up - Elvis Presley
School Day - Chuck Berry
Love Letters in the Sand - Pat Boone
A White Sport Coat (And a Pink Carnation) - Marty Robbins
    1957 - Birthday of actor Judge Reinhold, “Beverley Hills Cop”, “Fast Times at Ridgemont High”, “Ruthless People”. Born Edward Ernest Reinhold, Jr., in Wilmington, Delaware.
    1959 - Ethel Merman played the lead role in the musical, "Gypsy", which opened at the Broadway Theatre in New York City. The popular show ran for 702 performances. It was based on the memoirs of Gypsy Rose Lee, the famous burlesque queen.
    1969-Henry “Hank” Aaron of the Atlanta Braves was lifted for a pinch hitter for the first time in his career. Mike Lum batted for Aaron in the seventh inning of a game against the New York Mets after Aaron had come to the plate 9,015 times.  Lum doubled, and the Braves won, 15-3.
    1960 - Fabian is reported to be working on two upcoming movies: “High Time”, starring Bing Crosby, and “North to Alaska”, starring John Wayne.
    1961-"Every Beat of My Heart" enters the Hot 100 in two versions. One is on the Fury label by Gladys Knight and the other by the Pips on the Vee Jay label. They are not the same recording but are rendered by the same act, victims of a contract dispute. The Vee Jay single will be more successful, rising to #6 on the pop chart and Number One R&B. Both groups will eventually sign to Motown's soul label.
    1963-Little Stevie Wonder who turned 13, just eight days ago, records his second album. "The Twelve Year- Old Genius," live at a Detroit ballroom. One tune off the album, "Fingertips, Part Two," will become Wonder's first hit, topping both the R&B and the pop charts.
    1964 - After performing in England, Bob Dylan takes a vacation in Paris, where he would meet German model Nico, for whom he would later pen the classic "I'll Keep It with Mine."
    1965---Top Hits
Ticket to Ride - The Beatles
Help Me, Rhonda - The Beach Boys
Back in My Arms Again - The Supremes
Girl on the Billboard - Del Reeves
    1966--DOLBY, DAVID CHARLES Medal of Honor
Rank and organization. Sergeant (then Sp4c.), U.S. Army, Company B, 1st Battalion (Airborne), 8th Cavalry, 1st Cavalry Division (Airmobile). Place and date. Republic of Vietnam, 21 May 1966. Entered service at: Philadelphia, Pa. Born: 14 May 1946, Norristown, Pa. G.O. No.: 45, 20 October 1967. Citation: For conspicuous gallantry and intrepidity at the risk of life above and beyond the call of duty, when his platoon, while advancing tactically, suddenly came under intense fire from the enemy located on a ridge immediately to the front. Six members of the platoon were killed instantly and a number were wounded, including the platoon leader. Sgt. Dolby’s every move brought fire from the enemy. However, aware that the platoon leader was critically wounded, and that the platoon was in a precarious situation, Sgt. Dolby moved the wounded men to safety and deployed the remainder of the platoon to engage the enemy. Subsequently, his dying platoon leader ordered Sgt. Dolby to withdraw the forward elements to rejoin the platoon. Despite the continuing intense enemy fire and with utter disregard for his own safety, Sgt. Dolby positioned able-bodied men to cover the withdrawal of the forward elements, assisted the wounded to the new position, and he, alone, attacked enemy positions until his ammunition was expended. Replenishing his ammunition, he returned to the area of most intense action, single-handedly killed 3 enemy machine gunners and neutralized the enemy fire, thus enabling friendly elements on the flank to advance on the enemy redoubt. He defied the enemy fire to personally carry a seriously wounded soldier to safety where he could be treated and, returning to the forward area, he crawled through withering fire to within 50 meters of the enemy bunkers and threw smoke grenades to mark them for air strikes. Although repeatedly under fire at close range from enemy snipers and automatic weapons, Sgt. Dolby directed artillery fire on the enemy and succeeded in silencing several enemy weapons. He remained in his exposed location until his comrades had displaced to more secure positions. His actions of unsurpassed valor during 4 hours of intense combat were a source of inspiration to his entire company, contributed significantly to the success of the overall assault on the enemy position, and were directly responsible for saving the lives of a number of his fellow soldiers. Sgt. Dolby’s heroism was in the highest tradition of the U.S. Army.
    1966 - The Castiles, a band made up of five school kids from Freehold Regional High in New Jersey, perform at their own senior prom. Lead singer: future superstar Bruce Springsteen.
    1969--EREVIA, SANTIAGO J. Medal of Honor
Rank and Organization: Sergeant, U.S. Army, Company C, 1st Battalion, 501st Infantry, 101st Airborne Division. Place and Date: May 21, 1969, Tam Ky, Vietnam. Born: 1946, Nordheim, TX. Departed: No. Entered Service At: San Antonio, TX. G.O. Number: . Date of Issue: 03/18/2014. Accredited To: . Citation: Then-Spc. 4 Erevia distinguished himself May 21, 1969, while serving as a radio-telephone operator during a search-and-clear mission near Tam Ky City, in the Republic of Vietnam.
    1973 - The sensual "Pillow Talk", by Sylvia (Sylvia Vanderpool), earned a gold record. The artist first recorded with Hot Lips Page for Columbia Records back in 1950 and was known as Little Sylvia. She was half of the singing duo Mickey & Sylvia, who recorded "Love is Strange" in 1957. "Pillow Talk" was her only major solo hit and made it to number three on the pop music charts.
    1973---Top Hits
You are the Sunshine of My Life - Stevie Wonder
Little Willy - The Sweet
Frankenstein - The Edgar Winter Group
What's Your Mama's Name - Tanya Tucker
    1974- One year after his firing from Columbia Records, Clive Davis is hired by Bell Records as a consultant.
    1976- Aerosmith receives a gold LP for "Rocks." The album will eventually go to #3 on the album chart.
    1977 – University of Texas Heisman Trophy winning and former NFL running back Ricky Williams birthday.
    1979- An all-straight jury convicts former San Francisco city supervisor Dan White of the lightest charge possible in the assassination of S.F. city supervisor Harvey Milk and Mayor George Moscone. White's defense argued that White was depressed because of overconsumption of junk food, the so-called "Twinkie defense." Thousands march on city hall in response, provoking a riot, overturned police cars, and looting. (White Night Riots)
    1980 - The temperature at Williston ND reached 102 degrees to set a record for May, and the next day the mercury hit 106 degrees.
    1981---Top Hits
Bette Davis Eyes - Kim Carnes
Just the Two of Us - Grover Washington, Jr./Bill Withers
Being with You - Smokey Robinson
I Loved 'Em Every One - T.G. Sheppard
    1985 - Marvin Gaye's last album was released. "Dream of a Lifetime" featured songs that critics considered too offensive, such as the controversial, pop version of "The Lord's Prayer". Three of the songs from the album were completed after Gaye's death. Marvin Gaye was inducted into the Rock and Roll Hall of Fame in 1987.
http://www.rollingstone.com/artists/bio.asp?oid=3020&cf=3020
http://www.marvin.org.uk/
    1985- Septuplets were born in Orange CA, to Patti Frustaci, a 30-year-old schoolteacher. It was the largest multiple birth in the history of the United Sates. One child was stillborn and three more died within a month. Two boys and one girl survived. At the age of 2, the surviving infants -- Richard, Patricia and Stephen -- were found to have cerebral palsy. A year later, more bad news. The children also were diagnosed as mentally retarded. Sam and Patti Frustaci -- who already had a healthy son named Joseph but wanted more children -- sued the fertility clinic and the physician that treated the wife with Pergonal, the same drug used by Bobbi McCaughey Frustaci and her husband, who later filed a malpractice suit against her doctors and the infertility clinic where she had been treated. They won a $2.7 million settlement on behalf of the surviving septuplets, now 29 years old. Little has been heard from the Frustacis since then, but apparently there have been changes.  Late last week, CNN spoke with Sam Frustaci, who said he still lives in Southern California with all the children. All are okay, he said, but Patti Frustaci now lives elsewhere. He did not elaborate. http://www.cnn.com/US/9711/20/septuplets.frustaci/
    1986- With a few gaps, millions of Americans held hands from Battery Park in New York City to Long Beach, CA, a distance of 4,150 as a fund-raising event sponsored by a consortium of charities and corporations.
    1987 - Severe thunderstorms, developing along a sharp cold front crossing the central U.S., produced 60 mph winds and golf ball size hail at Sedalia, MO, and drenched Hagerstown, IN, with six inches of rain in one hour. Temperatures soared into the 90s ahead of the cold front. Paducah, KY, hit 94 degrees for the second day in a row. Light snow blanketed Montana, with three inches reported at Butte
    1989 - Thunderstorms moving southeastward across the Central Plains Region into Oklahoma and Arkansas produced severe weather through the day and night. Thunderstorms spawned just four tornadoes, but there were 243 reports of large hail and damaging winds. Baseball size hail was reported at Augusta, KS, and thunderstorm winds gusted to 98 mph at Johnson, KS.
    1989---Top Hits
Forever Your Girl - Paula Abdul
Real Love - Jody Watley
Soldier of Love - Donny Osmond
If I Had You – Alabama
    1990 - Thunderstorms produced severe weather across the southeastern U.S. for the second day in a row. Severe thunderstorms spawned five tornadoes, including one which injured a person at Richmond KY. There were eighty-seven reports of large hail or damaging winds, with hail three inches in diameter reported at Austin TX. Thunderstorms produced up to five inches of rain in Macon County GA, and heavy rains left nearly eight feet of water over roads near Stepstone KY.
    1992 - Johnny Carson, ending his 26-year tenure as host of NBC-TV's Tonight Show with his next-to-last show. The lone guest is Bette Midler, who famously sings a rewritten version of "You Made Me Love You" (as "You Made Me Watch You") and a moving version of "One for My Baby (And One More for the Road)."
    1995- The Recording Industry Association of America reported that Bruce Springsteen's 1984 album, "Born in the USA", had sold more than 15 million copies. That tied it with Boston's self-titled album as the number-three all-time best-selling album. Only Michael Jackson's "Thriller" - at 24 million - and Fleetwood Mac's "Rumours" - at 17 million - had sold more.
    1998 – A 15-year old student opened fire inside Thurston High School in Springfield, OR, killing two students and wounding 23, a day after killing his parents.
    2000- Major League Baseball has its first six grand-slam day less than one year after establishing the mark with 5. Angel Garret Anderson, Giant J.T. Snow, Phillie Brian Hunter, A's Jason Giambi and Dodgers Adrian Beltre and Shawn Green all contributed to the record. The NL also set a record with four of the six base-loaded homers. 
    2005 - Before their interleague game with the Athletics, the Giants pay homage to Juan Marichal by dedicating a nine-foot bronze statue outside SBC (now AT&T) Park. The ‘Dominican Dandy', a San Francisco hurler from 1960-1973, joins Willie Mays and Willie McCovey as the third player to be so honored.
    2005 - When Dae-Sung Koo bats against Randy Johnson, Mike Piazza confides to David Wright in the dugout, "If he gets a hit, I'll donate a million dollars to charity." The Korean reliever batting lefty off the Yankee fire-balling southpaw, who was afraid to stand in the batter's box in a previous game, promptly hits a 91-mph fastball to the wall in center for a double, causing the Mets catcher to remark he’ll be making a significant donation to a charity over the next 20 years.

Stanley Cup Champions This Date
    1979 Montreal Canadiens
    1981  New York Islanders

-------------------------------------------------------------

SuDoku

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

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

[headlines]

 

 

--------------------------------------------------------------

Daily Puzzle

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

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

[headlines]

--------------------------------------------------------------

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

[headlines]

--------------------------------------------------------------

Weather

See USA map, click to specific area, no commercials

http://www.weather.gov/

[headlines]

--------------------------------------------------------------

Traffic Live---

Real Time Traffic Information

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

--------------------------------

[headlines]

 
Features


Adopt a Pet
Bank Beat
Career Crossroads-Emily Fitzpatrick/RII
Cartoons
Charlie Chan sayings
Computer Tips
Employment Web Sites
Fernando's Review
From the Desk of Michael Witt, Esq.
Leasing 102
Leasing Cases by Tom McCurnin
Online Newspapers
Placards
Sales Make it Happen
Spark PeopleŚLive Healthier and Longer
The Secret of Our Success
To Tell the Truth
View from the Top
Why I Became a CLP


Ten Top Stories each week opened the most by readers
(click here)

“Complaints” Bulletin Board (click here)

Connect with Leasing News


Top Stories

(chronological order)

- Seeking Confirmation: Direct Capital Sold to CIT?
    by kitmenkin@leasingnews.org
- Leasing Association Membership Down
   by Christopher Menkin
- Report on NAELB Orlando Florida Conference
   by Dwight Galloway, CLP, RLC Funding
- China Leasing Summit June 18-20
- Marlin's CEO Blames Severe Winter for Temporary Impact
   Turns $4.6 Million Profit for 1st Quarter, 2014
- ELFA 26th Annual National Funding Conference
   By Bruce Kropschot, The Alta Group
- Funding Conference Photographs
- Lease Fleece Judge Verdict on Citibank Kingpin
- New CLP Designation---“Associate”
- Look for More Changes in Conducting Leasing
- ZRG Partners Reports Q1 20% Hiring Growth
- 5 Ways to Give Your Brain a Break Right Now
- Marlin Leasing Getting Back into Broker Business
- LEAF Financial Income Fund III Complaints
   10K Gives Numbers
- “A Great Time to be in the Equipment Leasing Industry”
- The Value of Leasing Beyond Accounting Changes
- Alexa Report—Monitor Daily & Lessor Jump Ratings
- Balboa Capital Loses Decisively
   to Put Regents Capital Out of Business Right Now!
- Alert: Dallin Hawkins is Back Again
    After His Fourth DUI Arrest
- Ascentium Capital Closes $200 Million Securitization
- Chesswood Record pretax earnings of $19.7 million
- Beyond the Detroit Municipal Bankruptcy Headlines
- Renasant Bank Will Consider Third Party Originations
- Balboa Capital Sues Regents Capital
   They Are After Salesmen Who Left
- Tax Proposal Talk Affects Leasing
   by Shawn Halladay, The Alta Group
- US Attorney Indicts EAR President Mark Anstett
   and Two Others for $100 Million Leasing Fraud
- The Controversy Today about Dun & Bradstreet
- Balboa Capital Salesmen Start Regents Capital
- Income Needed to Live in 25 Metropolitan Areas
- Plastic Credit Card Processing Industry on the Way Out?
- Ex-PNC Equipment Finance VP/Regional Manager Arrested
- Why Leasing News is Different
- Top Five Leasing Company Web Sites—
    in North America
Changes in Leasing Web Site Rankings
- Loan/Lease Regulations
- Why Leasing News is Different
- Take Your Banker to Lunch
- Look Out!!! --Two Evergreen/PRR Clause Lessors Merge
   Onset Financial/Mazuma Capital
- Changes in Technology Last 8 years
- Check Your Internet Speed Connection---Why
- Lease Police Tips on Judging Vendors
- Netiquette: Rules of Behavior For Email and the Internet
- Alert: Rudy Trebels Back Soliciting Broker Business
- Fugitive Banker Accused of Faking Own Death
 Found Alive, Now Arrested
- HL Leasing/John Otto--Update
- NorVergence- Year end, 2013
- BBB Leasing Company Ratings
- Site Inspection Services--updated
- Leasing Schools/Franchisors--updated
- Leasing Software Companies updated
- The Future of Digital: 2013
- DLL Leaves Lessor to Hang
  
re: Evergreen Clause
- Advice for Broker or Lessor
   Dealing with a Company that Uses Evergreen Clauses
- Balboa Capital Settles Mass Fax Class Action Case
- How to be an “Expert Witness” and Make Extra Income
- Muncipalities and Their Budgets
- Twelve Lawyers Against Evergreen Clause Abuse
- Wants to Go After Lessors and Their Attorneys
   Re: Evergreen Clause Abuses
- Sample of Usury Laws in United States
- Balboa Capital Class Action Case Settled--$5 million?
- Old Cowboy On His Horse
- Leasing Brokers: When May You Collect a Commission?
- Is Long Term Leasing Dead?
- Brican America Case Moves Ahead
- 5 Ways Women Are Better Bosses Than Men
- Balboa Capital, Irvine, California
   $20,543.22 Bulletin Board Complaint
   Alleged “Bait and Switch”
- Twitterverse--Are you a "Tweep" or "Twitterati"?
- Female Lease Finance Association Presidents
- Terry Winders, CLP, Custom Built Poker Tables
   ---Order One for Father’s Day
- Broker’s Responsibility to Obtain
    California Lender’s License
- The Day that Albert Einstein Feared May Have Finally Arrived
- Equipment Finance Agreements Explained/Barry S. Marks
- Chat Acronymns and Keyboard Smilies
- Royal Links "True Lease" Court Ruling
- "The Memory Shock" –New Book by Barry Reitman
- Third-IFC Credit Trustee, Northfield, Illinois
   
Bulletin Board Complaint
- Four Software Solutions
    re: Digital device/Laptop Lost or Stolen!
- Excellent Tips by Warren Buffet
- Meridian Finance Group Looking Brokers for Europe Biz
- Is Leasing Securitization Dead or Alive?
- Mazuma and Republic Bank Get Snared on PRR Provision
   by Tom McCurnin, Esq.
- Companies who utilize Evergreen Clauses for Extra Lease Payments
- Jeff Taylor's Leasing Predictions, Spring, 2006
- Radiance Capital, Tacoma, Washington
   Bulletin Board Complaint 
   Purchase Option on EFA, Won’t Return $5,000 S.D.
- New Case against Mazuma Capital and Republic Bank
  ---Automatic Evergreen Payment---PPR
- Republic Bank out of leasing?
Ladco Leasing/Elavon Fined $418,601
- Future of Mobile Devices
- Charles Schwartz and Allied Health
- Copier Wars---It's more than the lease payment
    by Christopher Menkin
- Leasing Gypsies
- OneSource Develops Business License Software
- Talk About Chutzpa, Fanghella has more than Trump
- Three Class Action Suits re: Brican America
- Verifying Tax Returns
- Special Report: Part I
   Could Church Kiosks, Royal Link Carts, NorVergence results been avoided?

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

   Equipment Lease Agreement (EFA)
- California License Web Addresses
- Settlement Costs vs. Litigation Costs