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Day in American History

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Wednesday, November 10, 2004

Headlines---

Classified Ads---
     Seeking an Attorney/Answer Any Question
        Pictures from the Past---1990—Ira Romoff
            Classified Ads---Help Wanted
    41 Leasing Companies in NorVergence Dilemma
        ELA Responds to New Jersey Star Ledger- Norvergence
            The Leasing Library
                Cartoon
                    Web Seminar: State of the Industry
                        Ernie Reinhart Reportedly Going to Trial
    New Canadian Sales Tax Policy to Put the Big Bite on U.S. Lessors"
        Survey says Car Loans, Leasing Fees Are “Overburdening”
            Thompson Joins AIG Commercial Equipment Finance
    Willis Lease Finance Reports Profits of $2.4 Million
        Toennies von Limburg Banc of America Dir. Int. Aircraft Sales
            Fitch Affirms Ratings Of GE Capital Services India
    News Briefs---
        California Nuts Briefs---
            "Gimme that Wine"
                This Day in American History
                    American Football Poem

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

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Editor.

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Classified Ads ---

Seeking an Attorney/Answer Any Question

“Marina Del Rey, CA.:
Seeking representation/advice on failed NorVergence lease agreement. Equipment had been received, but we never received service, we made first months payment expecting reimbursement from NorVergence.

“ We returned the equipment to Wells Fargo, registered-insured US Post, they accepted the return, but still hold us accountable to the lease. We have not received any statements for payment due, however their lawyer has informed me today (after I initialized contact) that we should have been served for being in default. He informed me that the lease agreement is a finance lease agreement and that we are not protected as consumers. Can anyone help?
E-mail: marcy@personalcreations.net“

Answer Any Question

For any reader seeking an attorney experienced in leasing matters
on any subject or problem, please go here:
http://64.125.68.90/LeasingNews/PostingFormLegal.htm

In our Classified Ads—Outsourcing, two attorneys have stated the will converse about your situation with no financial cost to you:

"I enjoy brainstorming about all aspects of leasing. I'll be back to you within 24 hours of your call or e-mail!" Barry S. Marks, Esq.
E-mail: poetbarry@aol.com
http://www.leaselawyer.com/

Challenge me with your legal question about leasing. No charge for a "free" consultation. Richard Wagner, Esq.
www.wzlawyers.com .
E-mail: rwagner@wzlawyers.com

[headlines]

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Pictures from the Past---1990—Ira Romoff

“Ira Z. Romoff has been named managing director of Tilden Management Corporation ( Rosslyn, NY), which was acquired by National Westminster Bank ,NJ (Jersey City, NJ).,the New Jersey subsidiary of National Westminster Bancorp Inc ( New York)

February,1990, “Equipment Leasing Today.”

Here is Ira's latest picture:

Ira Z. Romoff
Director of Leasing
ICB LEASING CORP.
a division of
Independence Community Bank
551 5th Avenue 26th floor
NYC, N.Y. 10176
212-209-9177
fax 212-209-9179
cell 201-776-7040
IRomoff@ICBNY.com

“We are driven by common sense, not silly rules. Credit and collateral will count, but so will the integrity of the lessee, lessor, and vendor.

“We will support our lessors with direct credit lines when needed, partial and full recourse strategies and non-recourse funding.

“While our primary goal will be to build a solid bank leasing operation as I have done in the past, our method will include strengthening our lessors so that they franchise values will grow over time. This value added for our lessors will differentiate us from the pack.”

[headlines]

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Classified Ads---Help Wanted

Account Representative

Brokers

National Account Manager

Senior Underwritter

Vendor Account Executive

[headlines]

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41 Leasing Companies in NorVergence Dilemma

According to "fightthescam.com," 41 leasing companies involved: scam:"

1 ABB Equipment Leasing CT
2 Bank One IL
3 BB&T NC
4 CCL – Commerce Commercial Leasing PA
5 Celtic Bank UT
6 Cincinnati Financial Corp. OH
7 CIT Technology Financing NJ
8 CitiCapital
9 Court Square Leasing PA
10 Credential Leasing PA
11 Crown Bank Leasing FL
12 De Lage Landen PA
13 Dolphin Capital FL
14 First Corporation
15 First Lease
16 Firstcorp OR
17 GE Capital CT
18 IFC Credit Corp. IL
19 ILC – Information Leasing Corp. OH
20 Insight Financial Corp IL
21 Interchange Capital NJ
22 Irwin Business IN
23 Lakeland Bank NJ
24 Liberty Bank CT
25 Madison Capital IL
26 National Penn Bank PA
27 OFC Capital/ALFA Financial GA
28 Patriot Leasing PA
29 Penn Bank Leasing
30 PFG Commerical Finance
31 Popular Leasing MO
32 Preferred Capital, Inc. OH
33 Primary Financial Corp. PA
34 Source One Capital
35 Sterling National Bank NY
36 Studebaker – Worthington NY
37 TFC Express Leasing RI
38 Toshiba America Info Systems CA
39 US Express Leasing NJ
40 USbancorp MN
41 Wells Fargo Financial Leasing NY

The next US Bankruptcy Court hearing is set for November 30, 10AM at Courtroom 3E, Martin Luther King, Jr. Federal Building, 50 Walnut St, 3rd flr, Newark NJ 07102

Honorable Rosemary Gambardella will preside over a court hearing for Applications for Compensation.

Attendance by creditors is not required.

case No. 04-32079-RG, Chapter 7, Employer Identification No. 75-3068888

[headlines]

ELA Responds to New Jersey Star Ledger Article on Norvergence

ELTnews

In response to the October 27, 2004 Star Ledger article "Customers left holding the bag: NorVergence has gone under, but customers still face years of bills," Equipment Leasing Association President Michael Fleming responded with the following letter to the editor. The letter was sent to the reporter and the editor of the paper and is pending publication.

Regarding the October 27, 2004's Star Ledger article "Customers left holding the bag: NorVergence has gone under, but customers still face years of bills," the Equipment Leasing Association strongly disagrees with the article's assertion that the Norvergence case illustrates risks involved with leasing. With more than 20,000 leases signed every day without issue or interruption, leasing affords most small businesses the opportunity to acquire the assets they need to make their business productive.

The Norvergence matter is not an issue about leasing. It is about a business that sold a service that they were not able to deliver. Unfortunately, many Norvergence customers leased the equipment necessary to make the service work. The problems related to equipment they no longer need would be the same whether the customer had leased, bought for cash, or borrowed money to buy the equipment.

In the Norvergence matter, Norvergence's customers selected the equipment and signed acceptances that they received the equipment and the equipment worked. The lessors did not select the equipment or make judgments that it was the appropriate equipment for the business. We encourage all lessees to visit www.ChooseLeasing.org before making an equipment acquisition. From there, they may access a lease versus loan analysis, a glossary of terms and questions to ask before signing a lease.

Small businesses depend heavily on leasing to acquire the equipment they need to jump-start their businesses. A recent study conducted among the 2004 SBA State Small Business Winners found that 86% of the small businesses lease some or all of their equipment. Many small businesses wouldn't be able to start their businesses without leasing as a financing option.

Norvergence was an unfortunate business failure, but it wasn't a failure of the leasing transaction. When this business failed, it created a loss for everyone who obligated or spent money, including the leasing companies.

[headlines]

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Books and material include:

"Indirect Leasing Strategy,"
    "Winning Leases with TValue 5.0,"
        "Marketing the Equipment Lease,"
            "The Guide Book of Leasing,"
"Documentation & Forms,"
    "The Guide to Government Leasing,"
        "Operating Leases: The Complete Guide,"
            "International Leasing: The complete guide"

Compiled by former banker, broker, lessor, president of United Association of Equipment Leasing, and active in the leasing business for almost thirty years.

[headlines]

Cartoon

[headlines]

****announcement**********************************

State of the Industry Web Seminar,
scheduled Tuesday, November 16th

Tuesday, November 16, 2004

01:30 PM - 03:00 PM Eastern
12:30 PM - 02:00 PM Central
11:30 AM - 01:00 PM Mountain
10:30 AM - 12:00 PM Pacific
09:30 AM - 11:00 AM Alaska
08:30 AM - 10:00 AM Hawaii

· Where will future new business opportunities come from?

· What are the internal and external business challenges leasing organizations must face?

· Where are the profitable/unprofitable sectors of the business?

This 90-minute web seminar will include discussion on the industry outlook, where the opportunities and challenges lie, and what's behind the numbers in ELA's Survey of Industry Activity. While many economists now project strong growth in the production and sale of equipment, leasing's market share is down. What is the cause, and how can leasing companies reverse the downward trend? Find out what the 2004 State of the Industry Report reveals about leasing volume and penetration, profitability, the competitive edge and the regulatory outlook, and how this can affect the strategic positioning of your company.

ELA Members ($175 USD)
NonMembers ($225 USD)

To register, please go to:

https://www.krm.com/regonline/elavcregs.nsf/ela8955-0

[headlines]

**** announcement**********************************

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Ernie Reinhart Reportedly Going to Trial

“Those of you who may remember Ernie Reinhart's Tech-Com Vendor leasing scam will take solace in the fact that he going to trial in Baltimore Maryland in mid November for wire fraud.

“Ernie's scam was set up in 2001 and he set up a phony computer vendor called "Tech-Com" and once paid, would kick back a portion of the equipment cost back to the lessees. No equipment would ever be delivered. The losses are in the millions, per the government's lawyer.

Regards,

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

[headlines]

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"New Canadian Sales Tax Policy to Put the Big Bite on U.S. Lessors"

ELTnews

For some time now, the Canadian Revenue Agency (CRA) has had a bee in its bonnet when it comes to US and other "foreign" lessors with Canadian lease operations. Most recently, the CRA has articulated its angst in the form of draft GST Policy P-051R2, Carrying on Business in Canada (as released in September 2004, the "revised policy."

The Revised Policy will have big consequences for US and other foreign lessors and is expected to attempt to force these lessors into the GST system wherever their operations have any connection at all to Canada.

A paper by Robert G. Krekleweta and Diane Sekula available in PDF version on ELA Online's International Page http://www.elaonline.com/international/CanadianSalesTax.pdf
outlines the framework in which these GST rules arise, and discusses the way in which the revised policy is expected to impact non-resident lessors.

[headlines]

Survey says Car Loans, Leasing Fees Are “Overburdening”

U.S. Banker Weekly

More than half of Americans (56 percent) say their monthly leasing and car payments are enough of a burden to prevent them from making other big-ticket purchases, according to the Cambridge Consumer Credit Index. Seventeen percent of those with car loan payments say these loans are a major burden, up from 11 percent who felt so in 2003. Thirty-nine percent now say the loans are a minor burden, down from 44 percent a year ago.

One reason that the level of burden has increased on many consumers is that average car payments have risen because of higher car prices. Seventeen percent of those with car payments are spending between $500 and $700 a month, up from 10 percent who paid that sum in 2003. Forty-three percent (down from 50 percent a year ago) are paying between $300 and $500 a month, while 32 percent (unchanged from a year ago) are paying less than $300 a month. The level of pent-up demand for new vehicle purchases in the next six months remains similar to a year ago, with eight percent of Americans very likely to buy a car (up from six percent in 2003) and eight percent somewhat likely to purchase a new vehicle (down from 11 percent a year ago).

"Car loans and leases are becoming a greater burden on Americans' budgets, since the price of cars has been rising, resulting in larger monthly car payments for many," says Jordan Goodman, a financial analyst for the Cambridge Consumer Credit Index. These findings are the result of a monthly nationwide telephone poll of 800-plus adults conducted by ICR/International Communications Research and sponsored by the Debt Relief Clearinghouse.

[headlines]

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

Thompson Joins AIG Commercial Equipment Finance, Inc.

Joseph F. Thompson has joined AIG Commercial Equipment Finance, Inc. (AIGCEF) as Senior Vice President – Capital Markets. Mr. Thompson comes to AIGCEF with over seventeen years experience in the financial services industry. Thompson earned a Bachelor's degree in Business Administration in finance from Texas Tech University and an MBA from the University of North Texas. In addition he maintains series 7, 63 and 24 securities licenses.

As Senior Vice President – Capital Markets, Thompson will direct the Capital Markets efforts for AIGCEF, including management responsibility for the origination and syndication of all types of transactions, as well as the coordination of the marketing efforts of the company. He can be reached at (972) 987-3704.

[headlines]

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

Willis Lease Finance Reports Year-to-Date Profits of $2.4 Million

SAUSALITO, Calif.------Willis Lease Finance Corporation (NASDAQ:WLFC), a leading lessor of commercial jet engines, reported it earned $2.4 million, or $0.26 per diluted share during the first nine months of 2004, compared to $2.7 million, or $0.31 per diluted share, for the same period last year. In the quarter ended September 30, 2004, the company generated net income of $508,000, or $0.05 per diluted share, compared to $745,000, or $0.08 per diluted share, in the third quarter of 2003.

Current Market

"As the global aviation industry continues its process of recovery from the severe downturn of the past few years, participants are responding to the changes in the marketplace: The rise of the low cost carriers, the plight of the legacy carriers, the expectation of more airline bankruptcies, and the price of oil at over $50 a barrel -- just to name a few," said Charles F. Willis, President and CEO. "I think those of us in the leasing business are doing a pretty good job of adjusting to what is happening to our customers," he added. "We have a healthy level of demand for our equipment, but we also recognize that the process of change is an uneven one and there are challenges ahead for us all. We do benefit, however, from the mobility of our product, which allows easy redeployment from one customer to another, and from one part of the world to another going where the opportunities are. If you have the right equipment, the demand is there."

As part of the company's strategy to "have the right equipment", the company has committed to purchase five new jet engines over the next 14 months in two separate transactions valued at a total of approximately $37 million. The engines to be purchased include four new CFM56-7B engines, which provide power for Boeing 737-NG (next generation) aircraft, and one new CFM56-5B engine, used on Airbus A320 aircraft. These aircraft represent the two most popular aircraft models in production today. "We have already taken possession of the first two engines and anticipate completing the acquisition of the third engine near the end of the fourth quarter," Willis commented.

Results from Operations

"Strong demand for leased engines from maintenance, repair and overhaul (MRO) shops continues to be an excellent source of business for us, however, the flood of activity at many MRO's, combined with shortages of certain parts, stretched repair turnaround times for some of our engines undergoing repairs," said Donald A. Nunemaker, Chief Operating Officer. "As a result, our efforts to boost utilization and lease revenue were hampered during the quarter. The portfolio utilization rate at September 30, 2004, was 89.2% down slightly from 89.5% at June 30, 2004, and 89.4% at September 30, 2003. One of the new CFM56-7B engines was purchased on the last day of the just ended quarter and was off-lease on that date, adversely affecting the utilization rate. If that engine is excluded from the calculation, the utilization rate at the end of the third quarter of 2004 would have increased to 90.5%."

Total revenue in the third quarter was up 4% to $14.7 million compared to $14.2 million in the third quarter of 2003. Year-to-date, total revenue was up 2% to $44.8 million compared to $43.8 million in the first nine months a year ago. Lease revenue in the third quarter was flat at $14.0 million compared to the third quarter of 2003. In the first nine months of 2004, lease revenue increased 1% to $43.1 million from $42.6 million in the first nine months of 2003. The year-to-date comparison was affected by $670,000 of security deposits added to lease revenue in the second quarter of 2003 from a customer that went out of business in 2001. Excluding the effect of this $670,000 addition, year-to-date lease revenue was up 3% over the comparable period in 2003. Sales of equipment generated a net gain of $507,000 in the third quarter and $1.2 million in the first nine months of 2004, compared to a loss of $14,000 and a gain of $1.0 million in the respective periods of 2003. Other income totaled $207,000 in the third quarter and $536,000 in the first nine months of 2004. This revenue was generated primarily from a new service introduced in the third quarter of last year, which produces fees for placing third-party engines on lease.

Third quarter 2004 total expenses increased 7% to $14.0 million from $13.1 million in the third quarter a year ago. In the first nine months of this year, total expenses increased 4% to $41.5 million from $39.8 million in the first nine months of 2003. Depreciation, the largest single expense, increased 8% in both the third quarter and in the first nine months of 2004 compared to the same periods last year. "At the end of 2003 and during 2004, we implemented changes in estimates of useful lives and residual values on certain older engine types, which increased the depreciation on those engines," noted Monica J. Burke, Chief Financial Officer. Write-downs of equipment in the first nine months of 2004 totaled $577,000 compared to $645,000 in the same period last year. G&A expense increased 5% in the third quarter to $3.7 million from $3.5 million in the year ago quarter. Year-to-date, G&A expense rose 4% to $10.8 million from $10.4 million in the first nine months of 2003. Net interest and finance costs rose 6% in the third quarter to $4.5 million and 1% in the first nine months to $12.9 million compared to $4.2 million and $12.8 million in the respective periods of the previous year.

Balance Sheet

At September 30, 2004, the company had 114 commercial jet engines, 4 aircraft parts packages and 5 aircraft in its lease portfolio with a net book value of $496.9 million compared to 115 commercial jet engines, 2 aircraft parts packages and 5 aircraft in its lease portfolio with a net book value of $491.4 million at September 30, 2003.

Assets totaled $570.5 million at September 30, 2004, compared to $542.6 million a year ago. Shareholders' equity increased 6% to $114.3 million, or $12.74 per common share, compared to $108.0 million or $12.21 per common share at September 30, 2003.

During the third quarter, the company expanded one of its primary revolving credit facilities by $12.5 million, bringing the total facility to $138.5 million. The company had approximately $33.5 million of availability under its credit facilities at September 30, 2004 compared to approximately $24.5 million a year ago. The company's funded debt to equity ratio was 3.1 to 1 at September 30, 2004, compared to 3.3 to 1 at the end of the third quarter last year. Restricted and unrestricted cash and cash equivalents was $49.9 million at September 30, 2004, compared to $39.0 million at September 30, 2003.

About Willis Lease Finance

Willis Lease Finance Corporation leases spare commercial aircraft engines, rotable parts and aircraft to commercial airlines, aircraft engine manufacturers and overhaul/repair facilities worldwide. These leasing activities are integrated with the purchase and resale of used and refurbished commercial aircraft engines.

[headlines]

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

Banc of America Leasing Names Toennies von Limburg as Director, International Aircraft Sales

CHARLOTTE, N.C., -- Banc of America Leasing's Corporate Aircraft Finance division today named Toennies von Limburg Director, International Aircraft Sales. He will be based in Frankfurt, Germany.

"Toennies brings outstanding leadership to our efforts to leverage the leasing enterprise and grow our aviation business in Europe and around the world," said Michael Amalfitano, senior vice president of Banc of America Leasing, Corporate Aircraft Finance. "Toennies is recognized for his client focus. He will be a strong leader for our international team as we move quickly to expand our platform and become the world's most trusted provider of client-focused aviation financial solutions."

Von Limburg will be responsible for expanding the Corporate Aviation Finance business internationally through the strategic growth of industry relationships with aircraft manufacturers, dealers, brokers, management companies and maintenance and other aviation related service firms.

Australia and Western Europe are expected to represent key opportunities for growth.

"Financing a business jet can be an extremely complex undertaking," said Amalfitano. This expansion of our marketing team will enable us to offer even greater service to our international clients and leverage the scale, scope and skill of our strategic business platform, competitive product offerings and industry expertise."

Von Limburg joined Banc of America Leasing in 1999. He has been responsible for the origination and structuring of big-ticket lease financing for a variety of assets including rolling stock and large facilities, as well as commercial and corporate aircraft.

Prior to joining Bank of America, Toennies was a director with the regional aircraft manufacturer Dornier Aviation, a subsidiary of DaimlerBenz. He led Dornier's international sales finance activities for markets outside of the United States.

Toennies holds a B.A. in European Financial Management from the University of Wales, U.K. and an MA in Business Administration from the University of Muenster, Germany. He speaks several languages, including English, German, Spanish and French.

Banc of America Leasing Corporate Aircraft Finance is the #1 banked-owned aircraft lessor in the United States, providing client focused financing solutions for turbine aircraft owners. Recognized as a leader in the corporate aircraft market, the division has more than 700 clients and $4 billion in aircraft loans and leases.

Banc of America Leasing is a leader in providing full-service leasing and equipment financial solutions for small businesses, middle market companies and large corporations, serving more than 50,000 clients worldwide. Ranked number one in net assets among U.S. bank-owned leasing companies, BAL offers expertise in almost all types of equipment, transportation and corporate aircraft financing, wholesale vendor financing and programs tailored to food and beverage, telecommunications, municipal and healthcare segments. Banc of America Leasing has a strong presence in both the domestic and international markets with approximately 52 offices worldwide.

Bank of America stock (ticker: BAC) is listed on the New York, Pacific and London stock exchanges. The company's Web site is http://www.bankofamerica.com . News, speeches and other corporate information may be found at
http://www.bankofamerica.com/newsroom .

http://www.bankofamerica.com

[headlines]

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

Fitch Affirms Ratings Of GE Capital Services India

Fitch Ratings-Singapore- Fitch Ratings has affirmed the 'F1+(ind)' rating of the Commercial Paper and Inter-Corporate Deposits programmes of GE Capital Services India ("GECSI"). At the same time, the agency also affirmed the 'AAA(ind)' ratings of the Fixed Rate Bonds, Deep Discount Bonds, Floating Rate Bonds and GE Capital 30-day Reset Programme of GECSI. The Outlook on the ratings is Stable.

The ratings reflect GECSI's robust credit appraisal and monitoring mechanisms, sound asset quality, improved capital structure and the strong ownership and commitment of the parent company, GE Capital Corporation, USA ("GECC"). The Short-term ratings are also supported by substantial un-utilised bank limits available to the company and effective liquidity management through close monitoring of asset-liability maturity profiles.

In recent years, GECSI has faced increased competition from banks and financial institutions in the corporate lending segment, its prime focus area. Consequently, its asset base contracted in FY04, while its net interest margin ("NIM") has been under pressure and fell by 30 bps to 2.65% in FY04. In spite of a lower asset base, GECSI's net income grew in FY04, albeit marginally. While ROA improved to 1.34%, its cost-to-income ratio at 31.7% continued to be lower than most deposit-accepting banks, as a result of the 'wholesale' nature of its operations. GECSI is now focussing on expanding its product profile to operating leases and vendor financing, among other things, that have relatively higher yields compared to corporate loans.

Despite a marginal increase in GECSI's credit risk on account of higher risk selection, its overall risk continues to be comfortable, inspite of the low loan loss reserves of 18%, on account of loans being backed by either liquid collaterals or guarantees from better-rated banks and corporates. While GECSI's reported NPL levels have been low due to its stringent risk management systems, recent slippages in a few retail portfolios acquired by the company have increased its net NPA ratio to 1.3% as at end-FY04 (against 0.5% as at end FY03).

GECSI's operations are guided by the overall policies of GECC and it has received regular support from the parent company, both in terms of equity infusions as well as management inputs and systems. GECSI's senior debt to total capital (which includes tier-1 and tier-2 capital) ratio improved to 4.47x as at end-FY04 because of lower debt levels following the contraction of its asset base.

Note to Editors: Fitch's National ratings provide a relative measure of creditworthiness for rated entities in countries with relatively low international sovereign ratings and where there is demand for such ratings. The best risk within a country is rated 'AAA' and other credits are rated only relative to this risk. National ratings are designed for use mainly by local investors in local markets and are signified by the addition of an identifier for the country concerned, such as 'AAA(ind)' for National ratings in India. Specific letter grades are not therefore internationally comparable.

Contact: Vivek Srivastava,
Tel: 011-5165 7230,
vivek.srivastava@fitchratings.com,
New Delhi;Tarun Bansal,
Tel: 011-5165 7231,
tarun.bansal@fitchratings.com, New Delhi.

[headlines]

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

News Briefs----

Fed Expected to Boost Interest Rates

http://www.washingtonpost.com/wp-dyn/articles/A38568-2004Nov10.html?nav=headlines

UPS plans 70,000 holiday temps, up 20,000 from 2003 http://www.signonsandiego.com/news/business/20041109-1400-ups-holidayshipping.html

New Pay Pal Virus Spreading World Wide

http://www.boston.com/business/technology/articles/
2004/11/09/worm_breaks_speed_record_from_discovery_to_life/

Oil prices hit lowest level in 7 weeks

http://www.boston.com/business/articles/2004/11/10/
oil_prices_hit_lowest_level_in_7_weeks/

Dell to build factory in N.C., hire 1,500 workers

http://www.usatoday.com/money/industries/technology/
2004-11-09-dell_x.htm

U.S. Forces Hold 70 Percent of Fallujah

http://www.nytimes.com/aponline/international/AP-Iraq.html

[headlines]

California Nuts Briefs---

SCHWARZENEGGER IN JAPAN

http://sfgate.com/cgi-bin/article.cgi?f=/c/a/
2004/11/10/SCHWARZENEGGER.TMP

Wine Institute joins Governor Schwarzenegger's trade mission to Japan

http://www.winebusiness.com/news/sitearticle.cfm?
AId=93806&issueId=93803

[headlines]

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“Gimme that Wine”

Burgundies With Some California Sun---Eric Asimov

http://www.nytimes.com/2004/11/10/dining/10POUR.html?oref=login

Shrunken vintage: Rain, birds diminish grape harvest in Willamette Valley

http://www.gazettetimes.com/articles/2004/11/09/news/
business/sunbiz02.txt

Online Wine Retailer Pleads Not Guilty To Bilking Millions

http://www.nbc4.tv/news/3900921/detail.html

Extraordinary 4,000-Bottle Collection on Auction at WineBid.com(R)

http://biz.yahoo.com/prnews/041108/sfm169a_1.html

[headlines]

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This Day in American History

    1775- U.S. Marines, established. Originally part of the navy, it became a separate unit July 11, 1789.
http://www.usmc.mil/
     1766- In New Brunswick, New Jersey, Queen's College was chartered under the Dutch Reformed Church, to provide education "...especially in divinity, preparing [youth] for the ministry and other good offices." The present name of the school, Rutgers University, was adopted in 1924.
http://ruweb.rutgers.edu/about-the-university.shtml
    1778- Iroquois Indians in NY kill 40 in Cherry Valley Massacre
http://www2.whidbey.net/jerod/cherry.htm
http://www.uswars.net/1775-1783/battles/781111.htm
http://www.cherryvalleymuseum.org/
    1793- Jared Kirtland birthday, American physician and naturalist. Dr. Jared Potter Kirtland ( whom Kirtland's Warbler is named) was born at Willingford, CT. The first of the now rare Kirtland's Warblers to be identified and studied was found on his farm near Cleveland, OH. In 1851, Dr. Kirtland died at Rockport, Near Cleveland, Dec. 10,1877.
http://www.cwru.edu/artsci/dittrick/cemetery/stop16.htm http://www.fs.fed.us/r9/hmnf/pages/kirtland.htm
    1801 – “ An act to prevent the evil practice of dueling.” In the United States the state of Tennessee outlawed the practice of dueling ( quite common in the day in the entire US.)
    1835 -a severe storm crossed the Great Lakes with 19 ships lost and 254 sailors killed
    1836 -Louis Napoleon banished to America.
http://reference.allrefer.com/encyclopedia/N/Napoleon3-early-life.html
    1855-The first poem to win national acclaim was Henry Wadsworth Longfellow's Song of Hiawatha, which was published in book form by Ticknor and Fields, Boston, MA. In four weeks, 10,000 copies were sold, in and in 18 months, 30,000.
    1865-Henry Wirz, former commander of the infamous Confederate prison at Andersonville, Georgia, was hanged.
http://memory.loc.gov/ammem/today/nov10.html
http://memory.loc.gov/cgi-bin/query/D?cwar:1:./temp/
~ammem_4DSe:T25 :
http://memory.loc.gov/cgi-bin/query/D?cwar:2:./temp/
~ammem_4DSe:T25 :
http://memory.loc.gov/cgi-bin/query/D?cwar:3:./temp/
~ammem_4DSe:T25:
    1865- Howard University founded in Washington DC
http://www.howard.edu/longwalk/!longwal.htm
    1875--Farmers comprised about 48 percent of the U.S. population. Now they were moving westward, seeking new land for new farms, opening up the Western frontiers, settling the prairies. The Homestead Act had a great impact on this exodus; and the farm wife pressed westward, shoulder to shoulder with her husband. "She helped fight off Indians, claim jumpers, and grasshoppers. She coped with prairie fires, plagues, blizzards and tornadoes, as well as epidemics of smallpox, cholera, typhoid fever, diphtheria, and malaria. "She rose at dawn to stoke the fire in the hearth of the cook stove, haul water, cook breakfast, and bake the day's bread. She made her own soap and candles, helped her husband 'break' new sod and plant new crops, fed livestock, milked cows, and educated her own children until schools were built. "Her babies (she bore an average of 6 to 8 of which 3 - 5 might grow to adulthood) were delivered without benefit of a doctor." -- from an article by Marjory F. Hart, U.S. Department of Agriculture.
    1891-African-American Granville T Woods patents the electric railway; one of America's most prolific inventors.
http://inventors.about.com/library/inventors/blwoods.htm
http://www.princeton.edu/~mcbrown/display/woods.html
    1893- Mabel Ethelreid Normand birthday, popular film star was the actual inventor of the pie-in-the-face routine, throwing one while a bored teenager on the Max Sennett set during the early days of Hollywood. She became a top drawing film actor but was hit over the head with a vase which might have caused some brain damage. Afterward she became a cocaine addict. She was considered a suspect in the unsolved murder of William Desmond Taylor.
http://www.angelfire.com/mn/hp/
http://www.geocities.com/Hollywood/1096/mabel.htm
http://www.silentsaregolden.com/mabelnormandarticle.html
http://www.crimelibrary.com/notorious_murders/classics/
william_taylor/1.html?sect=26
http://www.angelfire.com/az/Taylorology/
    1895-If you visit New Orleans, be sure to see the first statue officially sanctioned by the Pope, the figure of Our Lady of Prompt Succor, the Patroness of Louisiana, which was blessed by Archbishop Janssens in the name of Pope Leo XIII at Urulines Convent, New Orleans, LA.
    1898- Race riot in Wilmington NC (8 blacks killed)
http://www.mith.umd.edu/courses/amvirtual/wilmington/
wilmington.html
http://library.uncwil.edu/wil/1898riot.html
http://statelibrary.dcr.state.nc.us/nc/bio/afro/riot.htm
    1907- Jane Froman birthday, Broadway singer, was seriously injured in a plane crash while on tour entertaining troops in WWII. She never fully recovered from her injuries nor did her career. The movie With A Song In My Heart (1952), the story of her life, had Susan Hayward doing the acting while the sound track was Froman's singing.
http://www.madphat.com/mpmania/product1923.html
http://www.buy.com/retail/product.asp?sku=31110930
    1913 -- Karl Shapiro born Baltimore, MD (1913-2000). American poet, professor & Pulitzer Prize-winner in 1945.
http://www.poemhunter.com/karl-shapiro/poet-11808
http://www.departments.bucknell.edu/stadler_center/shapiro/
     1914-The first bank to establish a branch in a foreign country was the National City Bank of New York, which opened a branchy in Buenos Aires, Argentina. The Federal Reserve Act, approved December 23,1913, permitted American banks to establish branches abroad.
    1915 -a violent F4 tornado rips through Great Bend, KS. The tornado killed 11 people. Debris was carried 85 miles. Hundreds of dead ducks dropped from the sky at the end of the tornado track.
    1916-- Billy May Birthday (one of the great big band arrangers with his own band, Frank Sinatra, Nat “King” Cole, and his recreation of the Jimmie Lunceford band album is one of my favorites. His arrangement of “Lean Baby” was one my favorites that my band played. Another was “String of Pearls” where Warren Luening,Jr. and Chris Morgan would duel on the solo's.
http://www.spaceagepop.com/may.htm
http://www.amazon.com/exec/obidos/ASIN/B000005HED/sub20/
104-3191958-8595946
     1923-African-American Garrett Morgan invented and patented the traffic signal
http://education.dot.gov/aboutmorgan.html
    1931-Birthday of guitarist/songwriter Bobby Rush
http://www.angelfire.com/md/bobbyr/
    1931 - For the second year in a row, Conrad Nagel hosted the Academy Awards. This year's gala celebration, the Academy's fourth, was at the Sala D'Oro Room at the Biltmore Hotel in Los Angeles. The runaway winner was "Cimarron" (Outstanding Production - RKO Radio; Art Direction - Max Ree; Writing/Adaptation - Howard Estabrook). Best Actor honors went to Lionel Barrymore for his stellar performance in "A Free Soul"; ditto for Best Actress Marie Dressler in "Min and Bill". The Best Directing Award for "Skippy" went to Norman Taurog, and Best Cinematography accolades were earned by Floyd Crosby for his work on "Tabu". The Academy Award for Best Writing/Original Story was presented to John Monk Saunders for his script, "The Dawn Patrol". Several Scientific and Technical Awards were also presented for the first time.
http://www.infoplease.com/ipa/A0147948.html
    1932-Birthday of pianist Paul Bley piano Quebec, Ontario
http://www.improvart.com/bley/bleybio.htm
http://www.view.com/bley-bio.html
    1939 - On Bluebird Records, Muggsy Spanier and his band recorded "Dipper Mouth Blues".
http://www.redhotjazz.com/muggsy.html
http://www.riverwalk.org/proglist/showpromo/muggsy.htm
    1947-Lionel Hampton records “Midnight Sun,” Decca 24429.
http://www.lionelhampton.nl/
http://www.uidaho.edu/hampton/
http://www.pbs.org/jazz/biography/artist_id_hampton_lionel.htm
    1949---Top Hits
That Lucky Old Sun - Frankie Laine
Don't Cry, Joe - The Gordon Jenkins Orchestra (vocal: Betty Brewer)
I Can Dream, Can't I? - The Tommy Dorsey Orchestra (vocal: Jack Leonard)
Slipping Around - Margaret Whiting & Jimmy Wakely
    1949-Birthday of singer Billy Price, Passaic, NJ
http://www.billyprice.com/
1949- Donna Fargo birthday, country singer whose "Happiest Girl in the Whole USA" made her an overnight star and won her the Grammy award for Song of the Year 1972. http://www.birthplaceofcountrymusic.org/heritage/biographies/fargo_d.htm
http://www.donnafargo.com/
    1950 - The Country Girl, written by Clifford Odets, opened at the Lyceum Theatre in New York City. Uta Hagen, in the lead role, won a Best Actress Tony for her performance. A few years later, the play was made into a film, and Grace Kelly received the Best Actress Oscar for the same role.
http://www.spartacus.schoolnet.co.uk/USAodets.htm
http://www.csustan.edu/english/reuben/pal/chap8/odets.html
    1951-Area Codes Introduced: the 10-digit North American Numbering Plan which provides area codes for Canada, the US, and many Caribbean nations was devised in 1947 by AT&T and Bell Labs. Eighty-four area codes were assigned. However, all long-distance calls at that time were operator-assigned. On this date in 1951, Mayor M. Leslie Denning of Englewood, NJ (area code 201) direct-dialed the mayor of Alameda, California. By 1960 all telephone customers could dial long distance calls. Because of the proliferation of faxes, modems and cell phones, the US could run out of area codes as early as 2007. The system is administered by the North American Numbering Plan Administration. www.nampa.com
    1953 - Walt Disney's The Living Desert was released to theaters. It was very popular and became a box-office smash, later winning the Academy Award for Best Documentary Feature. Critics, however, felt there were too many gags and humor with music, which weakened its documentary claim. Disney toned down the comedic antics with subsequent nature documentaries.
    1953 - The film How to Marry a Millionaire, starring Marilyn Monroe, Betty Grable, and Lauren Bacall, premiered in New York on this date. It later received an Oscar nomination for Best Costume Design.
    1954 - The Iwo Jima Memorial was dedicated in Arlington, Virginia.
    1956 - After a 3 year absence, Billie Holiday returned to Carnegie Hall in New York City to give a concert called a high point in jazz history.
    1957---Top Hits
Jailhouse Rock - Elvis Presley
You Send Me - Sam Cooke
Little Bitty Pretty One - Thurston Harris
Wake Up Little Susie - The Everly Brothers
    1957-Charlie Sifford wins the Long Beach Open, becoming the first Black person to win a major professional golf tournament.
http://www.africanpubs.com/Apps/bios/1085SiffordCharlie.asp?pic=none
http://print.factmonster.com/ipka/A0771728.html
http://www.arga.org/pg_1999.htm
http://www.amazon.com/exec/obidos/ASIN/094516744X/ref=
ase_avsearch-bkasin-20/104-3191958-8595946
     1958-A Billboard article notes Dick Clark's "phenomenal" rapport with his teenage audience and advertisers see him as "one of the hottest merchandising and promotional properties" on the tube. The article points out that Beechnut gum's sales have gone up 100 percent since becoming an "American Bandstand" sponsor.
    1960-Andrew Hatcher is named associate press secretary to President John F Kennedy, becoming the first Black press secretary.
    1963-Gordie Howe of the Detroit Red Wings scored the 545 th goal of his career to surpass the mark held by Maurice Richard of the Montreal Canadiens.
    1964- The Braves sign a twenty-five year lease to play in the newly constructed Atlanta Stadium.
    1965---Top Hits
Get Off of My Cloud - The Rolling Stones
A Lover's Concerto - The Toys
Everybody Loves a Clown - Gary Lewis & The Playboys
Hello Vietnam - Johnny Wright
    1969-“Seseme Street” premieres on TV. An important, successful long-running children's show, "Sesame Street" educates children while they have fun. It takes place along a city street, featuring a diverse cast of humans and puppets. Through singing, puppetry, film clips and skits, kids are taught letters, numbers, concepts and other lessons. Shows are "sponsored" by letters and numbers. Human cast members have included: Loretta Long, Matt Robinson, Roscoe Orman, Bob McGrath, Linda Bove, Buffy St. Marie, Ruth Buzzi, Will Lee, Northern J. Calloway, Emilio Delgado and Sonia Manzano. Favorite Jim Henson muppets include Ernie, Bert, Grover, Oscar the Grouch, Kermit the Frog, the Cookie Monster, life-sized Big Bird and Mr Snuffleupagus.
    1973---Top Hits
Keep on Truckin' - Eddie Kendricks
Heartbeat - It's a Lovebeat - The DeFranco Family
Photograph - Ringo Starr
Paper Roses - Marie Osmond
    1975-The ore carrier Edmund Fitzgerald broke in two during a heavy storm in Lake Superior (near Whitefish Point). There were no survivors of this, the worst Great Lakes ship disaster of the decade, which took the lives of 29 crew members.
http://www.shipwreckmuseum.com/edmundindex.html
http://www.ssefo.com/
    1979-"The Genius," Ray Charles enters the soul singles chart for only the second time this year with "Just Because," which will peak at #69 in five weeks on the chart. His only other entry will be with the LP "Ain't it So," which enters the soul LP charts in two weeks and peaks at #59.
    1981---Top Hits
Private Eyes - Daryl Hall & John Oates
Start Me Up - The Rolling Stones
Tryin' to Live My Life Without You - Bob Seger
Fancy Free - The Oak Ridge Boys
    1983-Microsoft software released. In 1980, Microsoft signed a contract with IBM to design an operating system, MS-DOS, for a personal computer that IBM was developing. On Nov 10, 1983, Microsoft released Windows, an extension of MS-DOS with a graphical user interface. Many say it “copied” features and even icons of the Apple operating system.
    1984 - The Maryland Terrapins set an NCAA football record when they came from a 31-0 halftime deficit to beat Miami's Hurricanes, 42-40. The game broke the previous record set on October 20,
    1984- when Washington State came from 28 points behind to beat
Stanford, 49-42.
    1984-The first Breeders' Cup day of thoroughbred racing was held at Hollywood Park in California. Wild Again won the feature race, the $3 million Breeders' Cup Classic, beating Slew O'Gold and Gate Dancer.
    1986 - "Bruce Springsteen & The E Street Band Live/1975-85", the highly watched for, long-anticipated album by "The Boss", went on sale in record stores. Fans made the LP a sellout in one-day, buying over a million copies and generating more first-day money than any record in 30 years. The hit album was a five-disc, 40-song set.
    1989---Top Hits
Listen to Your Heart - Roxette
Cover Girl - New Kids on the Block
When I See You Smile - Bad English
Ace in the Hole - George Strait
    1989 - Windy and wet weather prevailed across Washington State. Strong southerly winds gusted to 70 mph at Rattlesnake Ridge, near Hanford. Six rivers in western Washington State rose above flood stage between the 9th and the 11th of the month, following eight days of moderate to heavy rain. Rainfall over the western slopes of the Cascade Mountains between the 3rd and the 10th ranged from 14 to 24 inches. High freezing levels also caused the early snow pack to melt, adding to the runoff in the rain-swollen rivers. Damage was heaviest in Whatcom County, where the Nooksack River caused nearly six million dollars damage, mostly to roads and bridge
    1996 - Dan Marino was first NFL quarterback to throw for 50,000 yards in his career. He reached that mark as he completed a pass to O.J. McDuffie in a game against the Indianapolis Colts this day. Marino went on to a run up a career record of 61,361 yards passing.
    1997 - WorldCom Inc. and MCI Communications Corp. agreed to a $37 billion merger, the biggest in United States history. In 2002, World Com was be indicted for fraud in the millions of dollars and file bankruptcy, with several officers going to jail.

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American Football Poems

Poems by

--Vince Lombardi

(1913-1970) US football coach

If winning isn't everything, why do they keep score?

The difference between a successful person and others is not a lack of strength, not a lack of knowledge, but rather in a lack of will.

Gentleman, this is a football.

We didn't lose the game; we just ran out of time.

Fatigue makes cowards of us all.

The harder you work, the harder it is to surrender.

If you can't accept losing, you can't win.

Winning is a habit. Unfortunately, so is losing.

The quality of a person's life is in direct proportion to their commitment excellence, regardless of their chosen field of endeavor. -

All right Mister, let me tell you what winning means you're willing to go longer, work harder, give more than anyone else.

The spirit, the will to win, and the will to excel are the things that endure. These qualities are so much more important than the events that occur.

Individual commitment to a group effort -- that is what makes a team work a company work, a society work, a civilization work.

Winning isn't everything it's the only thing.

--Vince Lombardi

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