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Independent, unbiased and fair news about the Leasing Industry
kitmenkin@leasingnews.org
   

Midwest Sales Representative
(as far east as Michigan, as far west as Colorado, as far
south as Texas, and as far north as Minnesota)

Construction, Trucking, Machine Tools, Waste Equipment
Credit application only up to $250K, vendor driven, fast approvals
contact: Chris Chiappetta at chris@netlease.com 

In the last 25 years National Machine Tool Financial has evolved into the premier outsource captive finance company for many major manufacturers.
www.netlease.com



Friday, October 14, 2011


Today's Equipment Leasing Headlines

  Placard---Cash Flow is King
   Classified Ads---Sales Manager
  SBA Major Revisions
 Rosanne Wilson, CLP, Final Cancer Test
Government Leasing and Finance Conference Nov. 2-4
 New Hires-Promotions
  Classified Ads---Help Wanted
   FDIC Files Against Former Officers United Commercial Bank
  Top 50 Banks
    AT&T Capital to Double 18 months, Triple Capacity 3 years
     Consumers Urged to Change to Local Community Bank
 IX Latin American Leasing Conference
  sponsored by The Alta Group
   Adopt-a-Pet Fresno, California
The Ides of March/Take Shelter
 The Tree of Life/The Trip/Inside the New York Times
   Movie/DVD Reviews by Fernando Croce
    Classified ads— Operations / Remarketing / Repossessions
News Briefs---
 Puget Sound Leasing/First Sound Bank gets delay on $2.3M verdict
  Long-term mortgage rates rise
   Foreclosures simmering, firm says
    Businesses unprepared for impact of new accounting standards
     Mad at bank fees? Credit unions get another look
      Bank Failures to Drain $19 Billion from FDIC Through 2015
       Steve Wozniak is first in line for iPhone in Los Gatos
        'New York Times' to cut up to 20 newsroom jobs
          Hurting at Home, U.S. Ranchers Find Markets in Russia for Their Beef
         French Gourmet's owner pleads guilty to hiring undocumented worker
        Western Dental Shares Tricks for Healthier Trick-or-Treating

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

IAA-Advisory to work with Triangle Trade Finance
 
  You May have Missed---
    Sports Briefs---
     California Nuts Briefs---
       Gimmie that wine---
         This Day in American History
          SuDoku
           Daily Puzzle
            GasBuddy
             Weather, USA or specific area
              Traffic Live----

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



[headlines]
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[headlines]
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Classified Ads--- Sales Manager

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

Bayville, NJ
Dedicated individual seeking a account management position, 3 years leasing experience and 15+ years sales experience. Resume furnished upon request,
email Frank at weag4th@gmail.com .

Fort Myers, Florida
Very experienced and strong skills with both Captive and Specialty Sales Management. Over 25 years , will relocate and travel---successful and team player.
e-mail: tlinspections@gmail.com

  

Free Posting for those seeking employment in Leasing:
http://www.leasingnews.org/Classified/Jwanted/Jwanted-post.htm

All “free” categories “job wanted” ads:
http://www.leasingnews.org/Classified/Jwanted/Jwanted.htm


[headlines]
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SBA Major Revisions
by David Peck, Union Bank




David Peck
Vice President | Business Development Officer
Business Banking Group
Direct 559 436 2731 | Fax 559 436 2713
Cell 559 790 7855
Union Bank | 7108 N. Fresno St., suite 200 Fresno, CA 93720
MC 1-339-02 | RC 01419 | Branch 902
david.peck@unionbank.com | unionbank.com

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

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



[headlines]
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Rosanne Wilson, CLP, Final Cancer Test

Rosanne Wilson, CLP, B.P.B.

“I received WONDERFUL NEWS YESTERDAY when I woke up from m surgery at the hospital.  MY CANCER IS GONE !!!!!

“I am ‘ALL CLEAR’.  I cried so hard in my hospital bed yesterday.  All the nurses at the station outside my door took turns coming in to give me a hug and congratulate me.  This has been an exhausting ordeal and I can finally say I reached the end of my walk with Cancer.  It is a Monster and I owe my Cure to God and all of YOUR prayers. No words can express how grateful I am to all of you.  Prayer does work!  The 800 pound gorilla has left the room !

I can now use the SURVIVOR word when talking to others who might be facing this Monster. Thank you all for your encouragement, love, prayers, and support during my journey. I've got a new outlook on life. I would tell all of you to learn to take time for yourselves and enjoy as many of the things you love to do as often as you can. Don't put off your wish list of things you'd like to do. Just do them ! Much love to you all,

Rosanne Wilson, CLP
1st Independent Leasing, Inc.
Beaverton, OR 97005
(800) 926-0851
rosanne@1stindependentleasing.com

Rosanne Wilson, CLP, Back at Work
http://leasingnews.org/archives/Aug2011/8_26.htm#wilson




[headlines]
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Government Leasing and Finance Conference Nov. 2-4



Association of Government Leasing and Finance
Annual Fall Conference
Waldorf Astoria, Orlando, Florida

Business executives, attorneys, bankers, brokers, CPA’s, financial advisors, investment bankers, document specialists, syndicators, credit and sales personnel will all benefit from attending.

Conference Brochure:
http://leasingnews.org/PDF/AGLFConference2011.pdf

Member: $850.00
Non-Member: $975.00
Government: $400
Guest: $200
(First Time Attendee -10%)

Registration:
http://members.aglf.org/source/events/event.cfm?event=FALL11

Hotel Registration:
https://secure3.hilton.com/en_US/wa/reservation/book.htm?execution=e1s1

 

 

[headlines]
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New Hires-Promotions



Karen Leonard has been named business development and client relations manager by American Lease Insurance Agency Corporation, Sunderland, Massachusetts. She will spearhead new business development and provide service and support to existing accounts. She previously was Principal Agent, Nationwide Insurance (September, 2009-October, 2011), Account Executive, FieldEddy Insurance (March, 2007-September, 2009). "As a broker and risk manager, she helped firms ranging in size from Fortune 100 companies to small start-up businesses, beginning her career at Marsh and Willis, two of the world’s largest insurance brokers. Leonard is a fully licensed insurance producer in Massachusetts and Connecticut, with a degree in finance from the Isenberg School at the University of Massachusetts Amherst."(1983–1987)
http://www.linkedin.com/pub/karen-leonard/5/577/529

Bob Neptune has joined the Alta Group, Reno, Nevada as a consultant, primarily involved in state, municipal and federal leasing; based in Kansas City, Missouri. Previously he was an independent consultant (January, 2009--September, 2011), president, De Lage Landen Public Finance (2004-2008), Group President Public Finance, De Lage Landen Financial Services (2005-2008), President (ORIX Public Finance (2001-2005), Sr. Vice President, Division Manager, Transamerica Public Finance(1999-2001), Sr. Vice President/Division Manager, Heller Public Finance(1996-1999), Sr. Vice-President, Public Finance, Chrysler Capital Corp. (1983-1991) University of Oklahoma BBA, Finance and Economics (1964 – 1969). He is on the board of directors of the Association for Governmental Leasing & Finance, a former member of the Equipment Leasing and Finance Association (ELFA) Public Finance Policy Committee, and former chairman of the Municipal Leasing Industry Committee of the AAEL (now the ELFA).
http://www.linkedin.com/pub/bob-neptune/12/142/994

Ed Pacewicz appointed Chief Financial Officer for AEL Financial, Buffalo Grove, Illinois. Previously he was Chief Financial Officer and Executive Vice President, FBG Technologies (2002--October, 2011), Senior Vice President and Treasurer, Comdisco (1979-2001), Accounting Manager, Snap On Tools (1977-1979), Senior Auditor, Price Waterhouse (1972-1977). University of Illinois at Urbana-Champaign BS, Accounting (1966–1972)
http://www.linkedin.com/pub/edward-pacewicz/9/5a4/2b5


Joe Quintero hired as AE/Portfolio Manager, Orange Commercial Credit, Olympia, Washington. Previously he was a Dispatcher, 911, King and Grant County, Washington (January, 2010-August, 2011), Senior Operation Manager, Capital Funding Group (January, 2009-September, 2009), Credit Manager, Pentech Financial Services, Inc. (August, 2005-March, 2008), Operations Manager/Sales, (ClearView Financial, Inc. (May, 2000-September, 2002), Credit Analyst, First Sierra Financial, Inc. (September, 1996-September, 1998), Lease Processor/Credit Analyst, Colonial Pacific Leasing (May, 1994-September, 1996). American Military University Business Administration (2011 – 2012 (expected),Warner Pacific College Human Development (2002 – 2005) Grant County Sheriff's Office Basic Academy (2000), Multnomah County Sheriff's Office Basic Academy (1998), Basic Naval Training, U.S. Naval Training Center (1992),Clackamas High School Diploma (1992).
http://www.linkedin.com/pub/joe-quintero/10/a1b/88b

Brian K. Scherer has been named Senior Vice President, Director of the Equipment Management Group for SunTrust Equipment Finance & Leasing Corp., Atlanta, Georgia; Baltimore area. He joined the firm July, 2011. Previously he was vice-president, managing Director, Deutsche Leasing USA, Inc. (October,2007-March, 2001), Vice-President, GATX (July, 1999-August, 2004), Independent projects with European Joint Venture Partners, GATX, Tamp (January, 1999-January, 2004), Vice President, Portfolio Management, GATX (January, 1999-January, 2003), Product Technologist, Compaq Capital(January, 1999-June, 1999), Product Technologist, GE Capital, Vendor Financial Service (January, 1998-Januaray, 1999), Account Manager, Cargill Leasing Corporation (January, 1994-Janueary, 1998)., Teaching Assistant, voice and music education classes, University of Minnesota(January, 1982-January, 1984), Choral and General Music Teacher, Little Chute Public Schools (January, 1977-January, 1982), General Music Teacher, Ashwaubenon Public Schools(January, 1975-January, 1977). University of Minnesota-Twin Cities Master of Fine Arts - Vocal Performance (1979 – 1982), University of Wisconsin-Oshkosh BME, Music Education (University of Wisconsin-Oshkosh BME, Music Education 1971 – 1975)
http://www.linkedin.com/pub/brian-scherer/7/816/447

Steve Vannucci was appointed Vice-President, Capital Markets, ATEL Leasing Corporation, San Francisco, California. He is located in the Greater Atlanta Area. He joined the firm, August, 2011. Previously he was President/Sole Proprietor, Syndication Solutions (February, 2009--July, 2011), Vice-President, Alter Moneta Corporation (January, 2008-October, 2008), Vice-President, M&I Equipment Finance Company (July, 2006-December, 2007), Manager Equity Sales, Lease Plan USA, Inc (August, 2002- June, 2005), Director, Syndications, Pure Markets Corporation (September, 2000-March, 2001), Syndication Manager, CIT, Equipment (May, 1999-September, 2000), Senior Transaction Manager, Third Party Origination Group (January, 1995-January, 1999), Account Executive, GE Capital (January, 1988--January, 1995), Region Credit Analyst, GE Capital (January, 1986-January,1988), Corporate Audit Staff and Loan Officer, M&I Marshall & Ilsley Bank (January, 1983-January, 1986). University of Wisconsin-Madison MBA, Finance (1985–1986), University of Wisconsin-Madison BBA, Finance (1979–1983).
http://www.linkedin.com/pub/steven-vannucci/12/867/558

Rick Wolfert was named an Independent Director of Stadion Money Management. He also is principal, Jackson Ridge Advisors (December, 2009-Present). Previously he was CEO, Tygris Commercial Financial Group, Inc. (May, 2008-December, 2009), Vice-Chairman, Commercial Finance, CIT (September, 2004-March, 2007), President & CEO, GE Healthcare Financial Services (2001-2004), President and COO, Heller Financial (1998-2001), Chairman, President & CEO, KeyBank USA, (CEO of Key Bank USA, N.A. and KeyCorp Leasing, LTD) (April, 1988-December, 1997), VP, United States Leasing, (1979-1987). University of Delaware - Lerner College of Business and Economics MS, Banking (1991 – 1993) Stonier Graduate School of Banking - American Bankers Association. Louisiana State University and Agricultural and Mechanical College BS, Business (1972–1976).
http://www.linkedin.com/pub/rick-wolfert/15/57a/aa1

Lauren Zabaronick was promoted to Director of Credit and Funding for Blue Street Capital, LLC., Huntington Beach, California. Previously she was Credit Manager, Blue Street Capital (August, 2009-October, 2011), Credit Analyst, Nationwide Funding (2006-2008), Arizona State University (2000-2004).
http://www.linkedin.com/pub/lauren-zabaronick/5/972/482

Mr. Terry Winders, CLP
Anaheim, California

December 12-14th
Two and One Half-Day Seminar

The seminar will contain information on how to approach leasing in 2012 with the following subjects:

  • New lease language
  • Proposed new accounting rules for lessee's
  • Structuring and pricing for competition
  • Income tax rules, Article 2A vs. Article 9
  • New reasons to lease
  • Questions to ask lessee
  • Vendor needs
  • Credit enhancements
  • Documentation issues

and a take home assignment to see how to propose a lease.

Cost $450 per person

sponsored by
Commerce National Bank
4040 MacArthur Blvd. Suite 100
Newport Beach CA 92660
(Orange County Airport is a half-mile away)

To request a complete outline contact: leaseconsulting@msn.com or for questions call 502-649-0448

 

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

 

[headlines]
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Leasing Industry Help Wanted

Midwest Sales Representative
(as far east as Michigan, as far west as Colorado, as far
south as Texas, and as far north as Minnesota)

Construction, Trucking, Machine Tools, Waste Equipment
Credit application only up to $250K, vendor driven, fast approvals
contact: Chris Chiappetta at chris@netlease.com 

In the last 25 years National Machine Tool Financial has evolved into the premier outsource captive finance company for many major manufacturers.
www.netlease.com


 

NATIONWIDE SALES POSITIONS AVAILABLE
Medical app only to 200k, Commercial app only to 150k Superior COF’s-Superior Buying window-Superior back office Please contact Steve Schachtel at 973-339-9900 ext. 101
or email at sschachtel@usfunding.us



Business Risk Manager
Extensive industry knowledge with
strong technical/analytical skills. Relocation not required.
For more information, please click here

Western Finance & Lease, a subsidiary of Western State Bank
established in 1901, solicits originations throughout the US and
provides funding solutions for a wide range of industries
 

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]
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FDIC Issues Enforcement Actions Against Former Officers
of the Failed United Commercial Bank, San Francisco, California


The Federal Deposit Insurance Corporation (FDIC) announced that it is seeking to remove and prohibit from further participation in the banking industry ten former officers of United Commercial Bank, San Francisco, California. In addition, the FDIC has assessed civil money penalties totaling $1,640,000. The agency also announced that it has issued consent removal and prohibition orders, as well as civil money penalties totaling $87,500 against three former officers, who cooperated in the investigation.

The FDIC's charges allege that the bank's former management engaged in violations of law, unsafe or unsound practices, and breaches of fiduciary duty by falsifying the bank's financial records and hiding the bank's deteriorating condition. The misconduct alleged involved a widespread scheme by certain former officers of United Commercial Bank to falsify books and records of the bank, make false statements and omissions to its external audit firm, KPMG, and to impede the examination of the bank by FDIC and State bank examiners.

"The confidence and safety of depositors' money in our banking industry is dependent upon examiners reviewing accurate bank financial data and having honest and frank conversations with bank management. When bank officials impede the bank examination process, or conceal the true nature of a bank's financial condition from examiners, auditors, or the public, this amounts to very serious misconduct, and the FDIC will respond accordingly," stated Sandra L. Thompson, Director of the FDIC's Division of Risk Management Supervision.

The FDIC's allegations include Respondents:

  • Intentionally filing false call reports and SEC filings

  • Intentionally misrepresenting the bank's financial condition to FDIC and State regulators in face-to-face meetings

  • "Sanitizing" the bank's books and records to remove negative information before providing to auditors or bank examiners

  • Concealing appraisals from auditors

  • Intentionally understating the bank's Allowance for Loan and Lease Losses (ALLL) calculations by omitting negative information about certain credits, in violation of accounting standards; and

  • Fraudulently bringing past due loans current by artificial means

  • The issuance of FDIC's Notice of Charges will result in an administrative hearing process before an independent Administrative Law Judge to remove and prohibit ten of the former United Commercial Bank officers from ever working for an FDIC-insured depository institution again, and to assess civil money penalties against each. The date for the hearing has not been set.

The FDIC did issue removal and prohibition orders, and civil money penalties against three of the former officers of United Commercial Bank.

Independently of the administrative enforcement actions announced by the FDIC today, the United States Department of Justice separately announced criminal charges against two former officers of United Commercial Bank.

Additionally, the Securities and Exchange Commission also announced separate civil fraud charges against several of the former officers.

United Commercial Bank closed on November 6, 2009. It was headquartered in San Francisco, Calif., with branch offices in the United States as well as in China, Hong Kong and Taiwan. The bank was a subsidiary of UCBH Holdings, Inc. The failure of United Commercial Bank cost the FDIC's Deposit Insurance Fund an estimated $2.5 billion.

November 6, 2009 United Commercial Bank Failure
http://leasingnews.org/archives/November%202009/11-09-09.htm#Bank_Beat

 

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

 

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Top 50 Banks


The latest SNL Report ranks the top 50 US Banks by deposits, ranks year-over-year deposit growth by US State, highlights US bank branches and deposit aggregates.


Full Report linked here with cool graphics below: http://www.snl.com/InteractiveX/article.aspx?CDID=A-13405918-13356&KPLT=2



 

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

AT&T Capital to Double 18 months, Triple Capacity 3 years

Top AT&T small business executive announces company to double small business leasing capacity over next 18 months, triple capacity over next three years


WASHINGTON, -- Intended to propel the economy, the latest surge of small business loans may instead be weighing them down with high interest rates that reach the double digits.

With an understanding that small businesses are essential to U.S. economic growth, AT&T* announced today that its leasing subsidiary – AT&T Capital Services, Inc. – is offering small businesses interest rates as low as 5.9 percent on equipment leases, well below bank loans, which are averaging nearly 10 percent.

In addition, the company also committed to doubling its small business leasing capacity over the next 18 months and tripling capacity over the next three years – allowing more companies to deploy new technology solutions or upgrade existing ones.

Delivering the news during a keynote speech at the annual Women Impacting Public Policy Conference in Washington, D.C. this morning, Cathy Martine, AT&T Executive Vice President of Small Business Solutions, said leases from AT&T Capital Services offer companies a competitive edge in this economy.

"Small business owners recognize the need to be up to date with the latest technology to keep their operations streamlined and cost effective," Martine said. "We are providing access to additional financial resources to help these businesses acquire new technology that will set them apart from their competitors."

Fueled by a continued interest in game-changing technology – ranging from mobile devices equipped with fleet management or GPS tracking applications to the rollout of tablets and laptops embedded with mobile broadband and Wi-Fi – AT&T Capital Services has more than doubled its mobile device lease financing to small business in the past year.

"Access to capital is a principal factor driving small businesses to expand, and AT&T recognizes the potential of each of the companies we support as they integrate new technology into their business," said Anthony Lewis, President of AT&T Capital Services. "Whether companies choose to invest in the latest in tablets, smartphones, Wi-Fi networks, or mobile apps, we're here to help them innovate and grow. We can help small businesses with transactions from as small as $1,000 to much larger amounts to support their acquisition of AT&T business solutions."

Since introducing wireless leasing solutions last year, AT&T Capital Services has closed transactions totaling several hundred thousand dollars, with leases totaling several million dollars in the pipeline.

AT&T Capital Services was established in 1984 to support business customer purchases of AT&T products and services by converting one-time, upfront costs into monthly payments. To date, the organization has recorded more than $6 billion in contract originations for more than 5,000 commercial and municipal customers. Benefits of AT&T leasing currently include:

•Minimal capital outlay – allows customers to avoid down payments and make easy monthly payments that fit their budgets
•Lifecycle management – minimizes risk of technological obsolescence
•Packaged solution – offers one-stop shopping and a simple contracting process
•Reliability –AT&T Capital Services does not sell its lease contracts, holding and servicing them for their entire term
•Alternate source of credit to preserve bank credit line
•Competitive rates

Small businesses looking to find information about other AT&T products and services can visit AT&T Small Business. For free business resources such as webinars, white papers, training, case studies and best practices, they can visit AT&T Small Business InSite.

Additionally, real-time information can be found on the AT&T Small Business Facebook.

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


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)


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

Consumers Urged to Change to Local Community Bank


Washington, D.C. ––As many of the nation’s consumers consider switching banks, the Independent Community Bankers of America (ICBA) is reminding them that now is the perfect time to join the “go local” movement by banking locally with their local community bank. By doing so, consumers will realize the litany of benefits that come with banking with a community bank including a relationship-based banking experience, superior customer service and the pride that comes with reinvesting in one’s community.


ICBA Chairman
Salvatore Marranca
President and CEO
Cattaraugus County Bank
Little Valley, NY

“By going local and banking locally with your community bank, consumers can make a real difference in the lives of their neighbors and the future of their community,” said Sal Marranca, ICBA chairman and president and CEO of Cattaraugus County Bank, Little Valley, N.Y. “They’ll be making a hometown investment they can be proud of. After all, the money they deposit in their community bank will be reinvested in ways that drive their local economy, such as in the form of loans to local residents who want to buy a home or to small business owners who are looking to open shop on Main Street.”

As small businesses themselves, community banks only thrive when their customers and communities do the same, so taking care of their customers and looking out for the best interest of their community is engrained in the way they conduct their business each and every day. And when consumers call their local community bank, they’ll be reassured to know that they won’t be talking to someone halfway across the globe. Instead, they will be talking with their community banker who lives and works in the same community they do.

Whether located in small towns, suburbia or big-city neighborhoods, community banks improve America’s communities by funding nearly 60 percent of all small businesses under $1 million and by using local dollars to help families purchase homes, buy a car, finance college and build financial security. By driving local economies and creating local jobs, community banks are an integral part of our financial system and play a key role in our nation’s economic recovery. Of the more than 7,000 community banks across the country, nearly 5,000 are ICBA members. Representing more than 23,000 locations nationwide and employing more than 280,000 Americans, ICBA members hold more than $1 trillion in assets, $900 billion in deposits, and $700 billion in loans to consumers, small businesses and the agricultural community.

“ICBA wants all Americans to know that their community bank is not only invested in their hometown, but also in them, as a customer,” Marranca said. “Our doors are open and we welcome consumers to go local and see the community bank difference for themselves.”

To find your local community bank, visit ICBA’s community bank locator at www.icba.org/locate. Simply type in your zip code and the app will show you all the community banks in your area. You can even download free ICBA locator apps for your iPhone, Android or Blackberry.

About ICBA
The Independent Community Bankers of America, the nation’s voice for community banks, represents nearly 5,000 community banks of all sizes and charter types throughout the United States and is dedicated exclusively to representing the interests of the community banking industry and the communities and customers we serve. For more information, visit www.icba.org.

#########################################

IX Latin American Leasing Conference
sponsored by The Alta Group

IX Latin American Leasing Conference Nov. 17-18 in Miami, Florida

To Highlight Equipment Finance Trends, Opportunities and Innovation
Sponsored by The Alta Group


The IX Latin American Leasing Conference will explore industry trends and attract equipment leasing and finance professionals from Latin America, North America and Europe Nov. 17-18, 2011, at the Hotel Intercontinental Doral in Miami. The conference is sponsored by The Alta Group Latin American Region (LAR), with simultaneous English/Spanish translation provided.


Rafael Castillo-Triana, CEO of The Alta Group LAR, said industry leaders and Alta professionals will discuss specific challenges and opportunities in the marketplace, with emphasis on innovation.

“Latin America’s leasing industry has been affected by the contraction of the global economy and regulatory issues, but overall by the structural changes in technology and global economy. While it is one of the world’s fastest growing equipment leasing and finance regions, it still leaves huge underexploited opportunities to invest in energy, transportation and telecommunications, and to innovate,” Castillo-Triana explained.

Topics will include the following:

• An Overview of the State of the Industry in Latin America
• The Future of the Leasing Industry in Brazil, Mexico, Chile, Colombia, Argentina, Peru and Central America, from the perspective of the practitioners
• Changes in the Market, Driven by Innovation, Regulatory Challenges, Asset Management, Consolidation and Funding Challenges
• Innovation in Information Technology: Financing Software, Cloud Computing and Cyber-Government
• Energy Leasing (Renewable and Non-Renewable)
• Innovation in Leasing for Transportation
• Airplane and Railroad Leasing
• Accounting Convergence: New Standards
• Impact of Basel III and Capital Markets on Funding Leasing Companies
• Vendor Programs, Residual Value Risks and Other Challenges

Professionals attending the conference will include leasing experts, consultants, funding sources, equipment manufacturers and vendors.

Please go here for conference information including brochures in English, Spanish and Portuguese, hotel and conference registration forms and a list of sponsorship opportunities. The URL is http://thealtagroup.com/latin-america/news-articles/annual-latin-american-leasing-conference. Or contact Katrin Forster, associate of The Alta Group LAR, at kforster@thealtagroup.com, phone 954-632-0922.

About The Alta Group
The Alta Group is the equipment leasing and finance industry’s preeminent global consultancy, offering clients the unique combination of experience, expertise and executable counsel. The more than 80 executives worldwide have held senior management positions in public and private equipment leasing companies, manufacturers, banks and other financial services institutions. The Alta Group’s major practice areas include mergers and acquisitions; vendor and captive finance; legal support services, professional development; and management consulting. The firm is observing its 20th anniversary in 2011.

To learn more, please visit www.thealtagroup.com.

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

[headlines]
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Fresno, California  -- Adopt-a-Dog

Tuesday
Pet Id: 290239
Terrier Mix
Medium
Male
Primary Color: Brown
Secondary Color: Black

Central California S. P. C. A., Fresno, CA
•559 233-7722 x107
email: education@ccspca.com

Petfinder.com Pet Inquiry: Tuesday 290239 PetId
http://ccspca.com/programs-and-services/adoption-center/


Adopt-a-Pet by Leasing Co. State/City
http://www.leasingnews.org/Conscious-Top%20Stories/Adopt_Pet.htm

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

 

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

Classified ads—Operations / Remarketing / Repossessions

Leasing Industry Outsourcing
(Providing Services and Products)

Operations: Houston, TX
Silverlake Inspections LLC is an independent contracting company for real estate and equipment verification with pictures.
Email: jimh05@sbcglobal.net
    
Operations: Portland , OR
Portfolio Financial Servicing Company provides state of the art portfolio servicing for portfolios of all sizes. 800-547-4905 sales@pfsc.com
Operations: Roseburg, OR
Tired of paying a full time documentation person? Try outsourcing. Ideal for anywhere in the USA. E-mail or Call Trina Drury
541-673-4116 or 541-784-7973.
email: doc_prep@yahoo.com
    
Repossessions: Southern California (except San Diego).
Full service repossession agency. All vehicles, big rigs, boats, heavy equipment and machinery. Licensed and insured 818-786-7376. www.simonsrecovery.com. adam@simonsrecovery.com
Repossessions: Canada
Cease Bailiff Services Incorporated:
Asset Investigation/Tracing; Asset Recoveries; Asset Protection/Security
Asset Liquidations/Sales; Ottawa, Canada; www.ceasebailiff.ca dave@ceasebailiff.ca; Phone 613 898 7376 ; Fax 613 225 2452

Remarketing: Los Angeles, CA
Video, Audio, Film, Computer, IT, Test, Presentation Equipment
We pay cash / 3 million in buying power /Quick Quotes
UBG 800-570-5224
jon@usedvideo.org

Repossession:
South East US- AllState Asset Management
Recovery, remarketing, inspections. 25 years experience, dedicated to deliver, prompt, professional services.
Call Brian @ 704-671-2376
brian.buchanan@allstateassetmgmt.com

Repossessions:
All kinds of vehicles, equipment and machinery. Anywhere in the United States. Anything, Anywhere, Professionally
800-755-1968
Rayc@american-locators.com

Asset Management:
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
 

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Fernando's View
By Fernando F. Croce

An engaging political drama ("The Ides of March") and a striking indie tragedy ("Take Shelter") hit theaters this weekend, while DVD releases bring one of the year’s best movies ("The Tree of Life"), a hilarious sleeper ("The Trip") and a solid documentary ("Page One").

In Theaters:


The Ides of March (Sony Pictures): George Clooney steps behind the camera as a director and co-writer of this engaging, tautly made portrait of the unsavory dealings taking place during a frantic political campaign. Clooney also stars as Mike Norris, a charismatic Ohio governor going for the presidential nomination, though the film's center is Stephen Myers (Ryan Gosling), an up-and-coming young staffer whose astute handling gets Norris closer and closer to the White House. However, his relationship with an intern (Evan Rachel Wood) soon opens Stephen's eyes to the darker side of politics, and the movie's tone gradually shifts from sexy comedy to brooding thriller. With the help of an outstanding cast (which also includes Philip Seymour Hoffman, Paul Giamatti and Marisa Tomei) and without resorting to preachiness, Clooney serves up an entertaining, cautionary tale of power and disenchantment.


Take Shelter (Sony Pictures): Making good on the premise of his debut "Shotgun Stories," writer-director Jeff Nichols offers another striking feature with this one-of-a-kind blend of thriller, drama and horror. Michael Shannon gives an unsettling performance as Curtis, a small-town husband and father whose recurring nightmares about a deadly approaching storm begin to crumble the security he feels with his wife Samantha (Jessica Chastain) and small daughter. As his behavior becomes more erratic as he grows more paranoid, Curtis experiences bafflement from others at home, at his job and throughout his community. But is it all only in his head, or is there a real threat coming his way? And can we tell the difference anymore? Working expertly with mood and atmosphere, Nichols crafts an indelible vision of everyday anxiety.


Netflix Tip: After watching "The Ides of March," visit Netflix to check out other prime examples of political pictures, ranging from "Mr. Smith Goes to Washington" (1939) and "The Great McGinty" (1940) to "The Candidate" (1973) and "Primary Colors" (1998).

On DVD:


The Tree of Life (Fox Searchlight Pictures): Terrence Malick, the reclusive and brilliant director of "The New World," offers another visually astounding, profoundly moving story of spiritual turmoil and redemption with perhaps his most personal work yet. Alternating between a modern-day city and a small Texas neighborhood in the late 1950s, it chronicles a boy’s childhood as he learns about life in strikingly different ways from his loving yet domineering father (Brad Pitt) and gentle mother (Jessica Chastain). As he experiences brushes with joy, anger and tragedy, the film emerges as an impressionist portrait of childhood lost and of deep bonds with nature. Using a fragmented yet lush storytelling style to depict the flow of memories, Malick’s film (one of the year’s very best) makes for challenging but soul-stirring viewing.


The Trip (IFC): A remarkably prolific and versatile filmmaker, Michael Winterbottom follows last year’s dark drama "The Killer Inside Me" with this chummy, hilarious road-trip comedy, which reteams the excellent odd couple from his previous comedy "Tristram Shandy: A Cock and Bull Story." Playing themselves (or, rather, a jokey version of themselves), Steve Coogan and Rob Brydon go on a culinary holiday around England, trying out expensive dishes at fancy restaurants. But that's just an excuse for the two friends to hang out, match their Michael Caine impersonations, make fun of each other's careers, and contemplate the course of their lives. Seemingly slight on its surface but filled with moments of improvised, bittersweet insight, it's like a British version of "Sideways." Keep an eye out for some surprise cameos.


Page One: Inside the New York Times (Magnolia Pictures): The collision between the new media and old-fashioned journalism is the subject of this riveting documentary, set mostly inside the cubicles and newsrooms of the New York Times. Given unprecedented access to the legendary newspaper’s behind-the-scenes machinations, director Andrew Rossi takes audiences on an invigorating tour of a media giant in the middle of a particularly hard period. As seasoned writers find themselves struggling to remain relevant and the Times scrambles to avoid being left behind with the rise of YouTube and Facebook, the workings and influences of this particular are analyzed with energy and insight. Packing as much drama as "All the President’s Men," the movie should fascinate newspapers buffs and casual readers alike.

 


News Briefs---

Puget Sound Leasing/First Sound Bank gets delay on $2.3M verdict
http://seattletimes.nwsource.com/html/businesstechnology/2016497867_firstsound14.html

Long-term mortgage rates rise
http://www.upi.com/Business_News/2011/10/13/Long-term-mortgage-rates-rise/UPI-40341318521392/

Foreclosures simmering, firm says
http://www.upi.com/Business_News/2011/10/13/Foreclosures-simmering-firm-says/UPI-76001318531720/

Businesses unprepared for impact of new accounting standards
http://www.scoop.co.nz/stories/BU1110/S00146/businesses-unprepared-for-impact-of-new-accounting-standards.htm

Mad at bank fees? Credit unions get another look
http://www.boston.com/business/articles/2011/10/07/
mad_at_bank_fees_credit_unions_get_another_look/

Bank Failures to Drain $19 Billion from FDIC Through 2015
http://www.foxbusiness.com/markets/2011/10/12/fdic-fund/

Steve Wozniak is first in line for iPhone in Los Gatos
http://edition.cnn.com/2011/10/13/tech/mobile/woz-iphone-4s/

'New York Times' to cut up to 20 newsroom jobs
http://www.usatoday.com/money/media/story/2011-10-13/new-york-times/50760872/1

Hurting at Home, U.S. Ranchers Find Markets in Russia for Their Beef, on the Hoof
http://www.nytimes.com/2011/10/14/business/us-cattlemen-export-animals-to-rebuild-russias-herds.html?_r=1&ref=business

French Gourmet's owner pleads guilty to hiring undocumented workers
http://www.sandiegouniontribune.com/news/2011/oct/13/french-gourmets-owner-pleads-guilty-hiring-undocum/

Western Dental Shares Tricks for Healthier Trick-or-Treating
http://www.prnewswire.com/news-releases/western-dental-shares-tricks-for-healthier-trick-or-treating-131774468.html

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You May Have Missed---

IAA-Advisory Merges to work with Triangle Trade Finance

"This is not a merger, we remain independent companies, but we are going to work very closely together as Associates to explore opportunities and present a combined service. This will include marketing together to the increasing number of clients where there are opportunities for both skill sets.

"Another example we have already experienced, is advising authorities in developing countries on establishing the correct environment to enable financial services industries to develop. Although we have seen a growing trend of equipment finance and factoring and trade finance being brought together in banks and we expect this to continue, we none the less recognize that the majority of equipment finance businesses and factoring/trade finance businesses are still run independently and separately to each other.

"In these areas where each of us already has established business we will continue to operate separately until we see an opportunity for a combined approach Each company will retain its own name and continue to operate and market separately to those businesses that operate solely in either the equipment finance or factoring sectors."

Alan Leesmith
Director
IAA-Advisory
International Advisory Associates
Global Experience, success and beyond
Direct +44 (0) 1444 417 688
Mobile +44 (0) 7831 200 087
Australia: +61 (0) 415 545 706
www.iaa-advisory.com

Full Story Here:
http://leasingnews.org/PDF/Advisory.pdf

 

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


Sports Briefs----

Tigers stay alive in ALCS, hold off Rangers 7-5
http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2011/10/13/sports/s164830D99.DTL

 

 


California Nuts Briefs---

Jerry Brown says pension changes will require public vote
http://blogs.sacbee.com/capitolalertlatest/2011/10/jerry-brown-says-pension-changes-will-require-public-vote.html

 

 


“Gimme that Wine”

The Culinary Institute of America Announces 2012 Vintners hall of fame inductees
http://www.winebusiness.com/news/?go=getArticle&cms_preview=true&dataid=93347

Debate On Oregon Wine Season Continues
http://news.opb.org/article/wet-weather-could-bring-worst-wine-grape-harvest-decades/

Deep Lakes, Icy Climate, Great Wine---Eric Asimov
http://www.nytimes.com/2011/10/12/dining/from-the-finger-lakes-seriously-good-wines.html?ref=dining

Sonoma State Wine Business Classes Go Online
http://www.winebusiness.com/news/?go=getArticle&dataid=93263

In California, wine grapes good but in short supply
http://www.mercurynews.com/breaking-news/ci_19088999

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

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

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

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

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

[headlines]
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This Day in History

 

   1644 -Birthday of William Penn, founder of Pennsylvania, born at London, England. Penn died July 30, 1718, at Buckinghamshire, England. President Proclamation 5284, of November 28, 1984, conferred honorary citizenship of the USA upon William Penn and his second wife, Hannah Callowhill Penn. They were the third and fourth persons to received honorary Citizenship, including Winston Churchill and Raoul Wallengber”
( lower half of: http://memory.loc.gov/ammem/today/oct14.html )
    1656- The first punitive legislation in Massachusetts against Quakers was enacted. (The marriage of church-and-state in Puritanism made them regard the ritual-free Quakers as spiritually apostate and politically subversive). The law provided for a fine of 100 pounds for any ship captain who delivered Quakers “ or any other blasphemous heretics” the Massachusetts Bay Colony. Possessing Quaker books and coming to the defense of Quakers was also outlawed and punished with fines, whipping and jailing. Subsequent anti-Quaker laws included the penalties of having their ears cut off and the tongue bored through with a hot iron. 
    1734-Birthday of Francis Lightfoot Lee, signer of the Declaration of Independence. Born at Westmoreland County, VA, he died January 11, 1797 at Richmond County, VA. 
http://www.francislightfootlee.com/
His plantation was called “Menokin.”
http://www.stratfordhall.org/menokin.htm
    1735 -Methodist pioneer John Wesley first set sail to America, to minister to the Indians under Georgia Gov. Oglethorpe. On this same date, Wesley began keeping his famous, 55-year-long journal, whose last entry was dated Oct 24, 1790.
    1774-The Declaration of rights was passed by the First Continental Congress in Philadelphia, PA. It was known as the “Declaration and Resolves of the First Continental Congress.”: It stated the colonist “are entitled to life, liberty and property; and they have never ceded to any foreign power whosoever a right to dispose of either without their consent.”
    1834-African-American Henry Blair patents his corn-planting machine. Two years later, on August 31, 1936, he obtained a patent on a cotton seed planter.
http://inventors.about.com/library/inventors/blblair.htm
    1863 -Battle of Bristol Station - Confederate General Robert E. Lee attempts to drive the Union army out of Virginia but fails when an outnumbered Union force repels the attacking Rebels The aggressive Lee realized that he had a chance to cut the Union army up piecemeal during the withdrawal. Confederate General Ambrose P. Hill spotted Yankees from General George Sykes's Fifth Corps near Bristoe Station on the afternoon of October 14. Thinking this was the rear of the Union army, Hill attacked and began driving the Federals away in disarray. The Confederates were surprised by the sudden appearance of Union General Governor K. Warren's Second Corps. Warren's men were returning from a small battle at Auburn, Virginia, earlier that morning. Hill decided to attack this new force as well, but the Yankees were well protected by a railroad cut. In a very short engagement, the Confederates suffered 1,400 men killed, wounded, and captured, while the Union lost only 546. "Bury these poor men," Lee somberly told Hill, "and let us say no more about it." The Union army was driven back 40 miles from its original positions, and the Confederates destroyed a large section of the Orange and Alexandria Railroad, a key Union supply line. Nonetheless, the gains were temporary. The next month, Meade drove Lee back behind the Rapidan River.
    1863-Birthday of journalist Winifred Sweet Black. She wrote under the name of Annie Laurie was able to infiltrate Mormon life and expose polygamy in an 1898 series of articles in the Hearst newspapers. But her greatest accomplishment was disguising herself as a boy and becoming the only woman reporter on Galveston Island after the terrible hurricane in 1900. She, unlike others, didn't only report. Using funds donated by Heart's readers, she opened and administered a hospital on the island to aid the displaced and injured. Another time she faked a collapse to expose graft and mismanagement in San Francisco's receiving hospital. She got an exclusive interview with President Benjamin Harrison, and even get into a leper colony in Hawaii. She also reported on World War I and the Versailles treaty negotiations. She continued reporting on world events well into her 60s. She died in 1936.
http://www.school.eb.com/women/articles/Black_Winifred_Sweet.html
http://marian.creighton.edu/~leonardm/annie.jpg
    1890-Birthday of Dwight David Eisenhower, the 34 th president of the US, born at Denison, Texas. Serving two terms as president, Jan 20,1953-January 20,1961, Eisenhower was the first president to be baptized after taking office )Sunday, February 1, 1953). Nicknamed “Ike,” he held the rank of five-star general of the army ( resigned in 1952 and restored by act of Congress in 1951). He served as supreme commander of the Allied forces in western Europe during WWII. In his Farewell Address (January 17,1961), speaking about the “conjunction of an immense military establishment and a large arms industry,” he warned: “ In the councils of government, we must guard against the acquisition of unwarranted influence, whether sough or unsought by the military-industrial complex. The potential of disastrous rise of misplaced power exists and will persist.” An American hero, Eisenhower died at Washington, DC., March 28, 1969.
    1891---Birthday of Sarah Winnemucca 
http://memory.loc.gov/ammem/today/oct14.html
    1894 – Birthday of e e cummings (Edward Estlin Cummings) (poet, playwright: Him, Santa Claus; writer: The Enormous Room; died Sep 3, 1962)
http://www.kirjasto.sci.fi/cummings.htm
    1899-Birthday of pianist/song writer Spencer Williams, New Orleans, LA
    1899 -Bandleader/jazz promoter William “Red” McKenzie Birthday
http://www.redhotjazz.com/mckenzie.html 
http://www.redhotjazz.com/mound.html
http://us.imdb.com/Name?McKenzie,+Red
http://www.musicweb.uk.net/encyclopaedia/m/M58.HTM
    1906 -The White Sox, known as baseball's 'hitless wonders' complete their unbelievable World Series upset of the their powerful crosstown rivals by beating the Cubs, 8-3 at South Side Park. The Cubs had won a record 116 regular season games.
    1930- Ethel Merman becomes a star overnight with her rendition of "I Got Rhythm," featured in the new Broadway hit Girl Crazy. 
    1938-Bob Haggart-Ray Bauduc record “Big Noise from Winnetka ( Decca 2208) 1939-Birthday of Ralph Lauren, the designer and purveyor of a line of popular clothes that sought to capture the "spirit of the West," born New York City. His claim to fame is the “Polo” brand.
http://about.polo.com/history/history.asp
    1940-Charlie Barnet Band records “Redskin Rumba” (Bluebird 10944).
    1946—Top Hits 
To Each His Own - Eddy Howard 
Five Minutes More - Frank Sinatra 
South America, Take It Away - Bing Crosby and The Andrews Sisters 
Divorce Me C.O.D. - Merle Travis
    1947-Flying a Bell X-I at Muroc Dry Lake Bed, California, Air Force pilot Chuck Yeager broke the sound barrier, ushering in the era of supersonic flight. Yeager, born in Myra, West Virginia, in 1923, was a combat fighter during World War II and flew 64 missions over Europe. He shot down 13 German planes and was himself shot down over France, but he escaped capture with the assistance of the French Underground. After the war, he was among several volunteers chosen to test-fly the experimental X-1 rocket plane, built by the Bell Aircraft Company to explore the possibility of supersonic flight.
    1950-“The Adventures of Ellery Queen” premiere on television. The first of many series to portray fictional detective Ellery Queen. It began on the Dumont network, where my father Lawrence Menkin wrote many of the episodes, and later moved to ABC. Queen was played by Richard Hart. In the next four series, he would also be played by Lee Bowman, Hugh Marlowe, George Nada, Lee Phillips, Peter Lawford and Jim Hutton. In each series Queen talked to the home audience at the show's climax to see if they were able to identify the killer. Future series were titled, “ Ellery Queen” and the “Further Adventures of Ellery Queen.” The last telecast aired on September 5, 1976.
    1952-SCHOWALTER, EDWARD R., JR. Medal of Honor Rank and organization: First Lieutenant, U.S. Army, Company A, 31st Infantry Regiment, 7th Infantry Division. Place and date: Near Kumhwa, Korea, 14 October 1952. Entered service at: Metairie, La. Born: 24 December 1927, New Orleans, La. G.O. No.: 6, 28 January 1954. Citation: 1st Lt. Schowalter, commanding, Company A, distinguished himself by conspicuous gallantry and indomitable courage above and beyond the call of duty in action against the enemy. Committed to attack and occupy a key-approach to the primary objective, the 1st Platoon of his company came under heavy vicious small-arms, grenade, and mortar fire within 50 yards of the enemy-held strongpoint, halting the advance and inflicting several casualties. The 2d Platoon moved up in support at this juncture, and although wounded, 1st Lt. Schowalter continued to spearhead the assault. Nearing the objective he was severely wounded by a grenade fragment but, refusing medical aid, he led his men into the trenches and began routing the enemy from the bunkers with grenades. Suddenly from a burst of fire from a hidden cove off the trench he was again wounded. Although suffering from his wounds, he refused to relinquish command and continued issuing orders and encouraging his men until the commanding ground was secured and then he was evacuated. 1st Lt. Schowalter's unflinching courage, extraordinary heroism, and inspirational leadership reflect the highest credit upon himself and are in keeping with the highest traditions of the military service. 
    1952-“The Red Button Shows” premiered on TV. The comedy-variety show starred the well-known burlesque comedian Red Buttons. Regulars included Dorothy Jolliffe, Joe Silver, Jeane Carson, Sara Seegar, Jimkmly Little, Ralph Stanley, Sammyu Birch, and the Elliot Lawrence orchestra. It later switched networks under a new format in 1953, as a sitcom with Phylis Kirk and Paul Lynde.
    1954—Top Hits 
Hey There - Rosemary Clooney 
I Need You Now - Eddie Fisher 
Papa Loves Mambo - Perry Como 
I Don't Hurt Anymore - Hank Snow
    1955-Nineteen-year old Buddy Holly and his sidemen, Larry Welborn and Bob Montgomery, open a concert in Lubbock, Texas for Bill Haley and the Comets. Nashville talent agent Eddie Crandell is in the audience and in the next few weeks arranges for Holly to record his first demo.
    1957--Although it was banned by some US radio stations for its suggestive lyrics, The Everly Brothers' "Wake up Little Susie" reached the top of the Billboard singles chart. 
    1957-The Elvis Presley classic, "Jailhouse Rock" is released. It would become his ninth US number one single and stay on the Billboard chart for nineteen weeks. The film clip from the movie where he sang the song is considered by many historians to be the first Rock video. 
    1957- Elvis' "Jailhouse Rock" is released.
    1960-At the improbable hour of 1am, then presidential candidate John F. Kennedy spoke impromptu to several thousand students from the steps of the University of Michigan Union building. He ask,” How many of you are going to be doctors are willing to spend your days in Ghana? how many of you( technicians and engineers) are willing to work in the Foreign Service? The response was favorable, and 19 days later in San Francisco, Kennedy formally proposed the Peace Corps, which was created by Executive Order, March 1, 1962.
    1961 - The Broadway production "How to Succeed in Business without Really Trying" opened on Broadway.
    1962-The Cuban Missile Crisis begins , 1962, bringing the United States and the Soviet Union to the brink of nuclear conflict. Photographs taken by a high-altitude U-2 spy plane offered incontrovertible evidence that Soviet-made medium-range missiles in Cuba--capable of carrying nuclear warheads--were now stationed 90 miles off the American coastline. Tensions between the United States and the Soviet Union over Cuba had been steadily increasing since the failed April 1961 Bay of Pigs invasion, in which Cuban refugees, armed and trained by the United States, landed in Cuba and attempted to overthrow the government of Fidel Castro. Though the invasion did not succeed, Castro was convinced that the United States would try again, and set out to get more military assistance from the Soviet Union. During the next year, the number of Soviet advisors in Cuba rose to more than 20,000. Rumors began that Russia was also moving missiles and strategic bombers onto the island. Russian leader Nikita Khrushchev may have decided to so dramatically up the stakes in the Cold War for several reasons. He may have believed that the United States was indeed going to invade Cuba and provided the weapons as a deterrent. Facing criticism at home from more hard-line members of the Soviet communist hierarchy, he may have thought a tough stand might win him support. Khrushchev also had always resented that U.S. nuclear missiles were stationed near the Soviet Union (in Turkey, for example), and putting missiles in Cuba might have been his way of redressing the imbalance. Two days after the pictures were taken, after being developed and analyzed by intelligence officers, they were presented to President Kennedy. During the next two weeks, the United States and the Soviet Union would come as close to nuclear war as they ever had, and a fearful world awaited the outcome.
    1962—Top Hits 
Sherry - The 4 Seasons 
Monster Mash - Bobby “Boris” Picket 
I Remember You - Frank Ifield 
Devil Woman - Marty Robbins 
    1964-Martin Luther King, Jr. became the youngest recipient of the Nobel Peace Prize when awarded the honor. Dr. King donated the entire $54,000 prize money to furthering the causes of the civil rights movement.
    1965 - Dodger ace Sandy Koufax, working on just two days rest, pitched a three-hit shutout of the Minnesota Twins. Koufax struck out ten Twins on his way to the 2-0 win. And the Dodgers were World Series champs for the second time in three years.
    1966- Former R&B cover band Pink Floyd debut an entire set of psychedelic originals at tonight's gig at All Saints Hall in London
    1966--The Paul Butterfield Blues Band, Jefferson Airplane, Big Mama Mae Thornton, play the San Francisco Fillmore Auditorium 
    1967-The Who's "I Can See for Miles" is released.
    1967 -- Folk singer Joan Baez arrested in blockade of military induction center, Oakland, California.
http://baez.woz.org/chronology.html
    1970—Top Hits 
Cracklin' Rosie - Neil Diamond 
I'll Be There - The Jackson 5 
All Right Now - Free 
Sunday Morning Coming Down - Johnny Cash
    1971 -John Lennon and Yoko Ono appear on ABC-TV's The Dick Cavett Show to promote John's new album Imagine, Yoko's new book, and their upcoming art exhibition. 
    1972- Harold Melvin and the Bluenotes enter the soul chart with "If You Don't Know Me by Now," which, in 16 weeks on the chart, will peak at Number One for two weeks. The song makes it to #3 on the pop chart.
    1972-The Temptations' "Papa Was A Rolling Stone" is released.
    1975-Kiss' "Rock and Roll All Nite" is released.
    1976- The Yankees win their 30th pennant dramatically on Chris Chambliss' bottom of ninth-inning solo homer defeating the Royals, 7-6 in Game Five and deciding contest of the ALCS.
    1977- At the request of the Dodgers, Linda Ronstadt sings the National Anthem at Dodger Stadium to open the third game of the World Series against the Yankees. (1977)

    1978-All four solo albums by the members of KISS break through Billboard's Top 100. Gene Simmons effort will prove to be the highest charting at #22, followed by Ace Frehley at #26, then Paul Stanley at #40 and Peter Criss at #43. 
    1981- Four days of heavy rain across northern Texas and southern Oklahoma came to an end. The heaviest rains fell in a band from southwest of Abilene TX to McAlester OK, with up to 26 inches reported north of Gainesville, in north central Texas. The heavy rains were the result of decaying Hurricane Norma, which also spawned thirteen tornadoes across the region. Seven deaths were attributed to the flooding.
    1984 - Dense fog contributed to a 118 vehicle accident on I-94, just south of Milwaukee WI. It was the seventh day of an eight day stretch of dense fog. At the time of the accident the visibility was reportedly close to zero
    1987 - A media frenzy occurred when hundreds of rescuers came to the aid of little 18-month-old Jessica McClure. At 9:30 a.m. on this day, Jessica fell 22 feet into an abandoned well in her backyard in Midland, Texas. She was brought out of the well 58 hours later and was rushed to the hospital, where she underwent minor surgery. Gifts, especially stuffed animals, pouring into the hospital from well-wishers, most of whom had never met Jessica or her family.
    1988 - Forty cities in the eastern U.S. reported record low temperatures for the date. Elkins WV was the cold spot in the nation with a record low of 18 degrees above zero. Thunderstorms in Arizona drenched Phoenix with nine inches of rain in nine hours, the fifth highest total for any given day in ninety-two years of records. Carefree AZ was soaked with two inches of rain.
    1989 - Thunderstorms produced severe weather over Michigan during the morning, and over New York State and Connecticut during the afternoon and evening hours. Thunderstorms spawned two tornadoes, and there were ninety reports of large hail or damaging winds, including seventy reports of damaging winds in New York State. A tornado at McDonough NY killed one person and injured three other people. Strong thunderstorm winds gusted to 105 mph at Somerset. Temperatures warmed into the 80s and lower 90s over much of the nation east of the Rockies, with eleven cities reporting record high temperatures for the date. Afternoon highs of 81 degrees at Beckley WV and Bluefield WV equaled October records. 
    1990- San Francisco 49er Joe Montana passes for six 6 touchdowns vs. Atlanta (45-35).
http://www.thedebster.com/magic.html
http://www.sfgate.com/sports/49ers/pages/1997/montana.shtml
http://www.amazon.com/exec/obidos/tg/detail/-/0805042784/
102-3335791-6093721?v=glance

    1992- Canada gets its first pennant as the Blue Jays clinch the AL crown with a 9-2 victory over the A's in the Game 6 of the ALCS.
    1996-Archer Daniels Midland Company, Decatur, IL, a maker of agricultural commodities received a fine from the Justice Department for $100 million. It was a penalty for conspiring with other companies to fix the prices of two food additives, lysine and citric acid. The company admitted the charges. It was by far the largest such fine up to that time.
    1997- Max Steiner's acclaimed score to 1942's legendary film Casablanca is finally released, including selected dialogue and the vocal hit "As Time Goes By."
    2000- The Beatles' official autobiography Anthology hits #1 on the New York Times nonfiction bestseller list. 
    2002- Light hitting second baseman Adam Kennedy becomes the fifth player to hit three homers in a postseason game helping the Angels to secure their first World Series berth in the team's 42-year history. Using a ten-run seventh inning, Anaheim beats the Twins 13-5 to win the ALCS in five games.
    2003 Holding a 3-0 lead and needing only five more outs to go the World Series for the first time since 1945, the Cubs give up eight runs, on five hits, three walks and an error to the Marlins. The team appears to come apart after a Cub fan, sitting along the left-field line at Wrigley Field, tries to catch a foul ball that was about to be caught by Cubs' outfielder Moises Alou for the second out of the inning.
    2006 - Silas Simmons, the oldest former professional baseball player of all time, celebrates his 111th birthday. The 17th-oldest person in the country, born the same year as Babe Ruth, is joined by former players of the Negro Leagues and receives 1913 Homestead Grays jersey with No. 111 stitched beneath his name from Steve Henderson of the Devil Rays at his home in the Westminster Suncoast retirement community in St. Petersburg.
   2009-Paul McCartney was named Songwriter of The Year at the 29th Annual ASCAP Awards in London, England. The awards presentation honored songwriters and publishers of the most performed works in the US during 2008. Other winners at the event included Phil Collins, who collected his 11th award for his hit "In the Air Tonight".

World Series Champions This Date

    1905 New York Giants
    1908 Chicago Cubs
    1929 Philadelphia Athletics
    1965 Los Angles Dodgers
    1984-Detroit Tigers

 

[headlines]

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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

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Daily Puzzle

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

Refresh for current date:
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Weather

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http://www.weather.gov/

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Top Stories

(chronological order)

- Who Has Not Responded on Evergreen Clauses
   by Christopher Menkin
- Bulletin Board Complaint Procedure---Up-Date
- Retaining Advance Deposits and Rentals

  and Jeffrey Maricle of Global Funding
#1 Individual Fund Raiser for Chris Walker Chicago Marathon
- A California Leasing Gypsy Arrested by Costa Mesa Police
- ABCO Leasing Calls it Quits
- Survey of Evergreen Clauses
- Where Am I Going to Go with This? Who will take it?
- iFinancial Group, San Clemente, California
- Background of First Trillion Funding
- American Bank Leasing No Longer Funding New Business
- Rosanne Wilson, CLP, Back at Work
- Charles Schwartz Popular at Essex County Correction
- Jules and Associates, Los Angeles, California
    Bulletin Board Complaint
- Dwight Galloway's RLC Funding Up and Running---but California
- Responses to Working with a Smaller Bank Question
- Leasing Gypsies
- Depping Secedes from the Government Banking Regulators
- NorVergence’s Tom Salzano on Trial in Louisiana
- Dwight Galloway's RLC Funding Up and Running---but California
- Responses to Working with a Smaller Bank Question
- Sheldon Player et. al. Back to the IRS
- More on Chase Industries Embezzlement
- New Jersey Bankruptcy Court Slams Lender for Usury

     by Thomas E. McCurnin & Frank Peretore
- Ed Castagna's InPlaceAuction joins
     On Line Equipment Auction List
- President and CFO of HL Leasing Found Liable Ponzi scheme
- Steve Hudson Back on the Lease Hunt
  Is He Coming to the United States?
- President and CFO of HL Leasing Found Liable Ponzi scheme
- Where in the World is Loni Lowder of ACC Capital?
- Leasing hiring index falls in Q2 after six straight quarters of growth
- More on Brendan Messenheimer Sentencing
  CFA to Merge with NFA
- Tom Price/Hyun Um $200/$400 Million BK
   with charges of Scam
- Somehow I missed our “On Line” Anniversary
- Shawn Halladay Explains More on Ending of Leverage Leasing
- IASB 'on way' to being global accounting standard
- Menzel in his own words admits policy on Evergreen Clauses
- Companies who notify lessee in advance of lease expiration
  and require their discounter to also notify lessee in advance
- "The courts define what is fraud, not you or anyone else”
   by Bernie Boettigheimer, CLP
- Hugh Swandel Joins Leasing News Advisory Board
- Leasing CFO Pleads Guilty $1.2 million embezzlement
- John Torbenson Celebrates 43rd Year in Leasing business
- How Much Can A FREE Repossession Cost?
- Marlin with 97 Salesmen Still Relies on Evergreen for Profit
- Newport Financial Partners, Newport Beach, California
   Bulletin Board Complaint
- Add Wisconsin to Notification Requirement Evergreen
- Crit DeMent---May Be Turning a New Leaf
- California Licenses and Checking Them
- Automatic Renewals: The States Respond
  by Barry Marks, Esq.
- C&J Leasing Convicted $8 million Lease Discount Scheme
  Day Trading Lead to his Demise
-
QuikTrak and others now being sued
- "Vendor Verification" hits Pay dirt on First Inspection
- Balboa Capital : Court Bypasses Lessor's Forum Clause
   as a Result of Forgery
- Unlicensed Lender & Securitization Partners get tagged for Usury
- Direct Capital Releases FinanceQuote App to Simplify Vendor Finance
- Caution! Look Out for Vendors!
- Royal Links Appeal Rules Back to Trial
   by Tom McCurnin
- More Top Leasing Web Sites
- Top Ten Cities with the Highest Credit Scores
- OneSource Develops Business License Software
- Talk About Chutzpa, Fanghella has more than Trump
- Richest Man in Leasing: Steven Udvar-Hazay
- From Zero to over $450 Million in One Year
- License Up-Date for Leasing in United States
- Loan/Lease Statute Up-Date
- Church Kiosk Fray---Comes back to bite Balboa on the...
- Brican America---Update
- Vaughn Indicted for defrauding banks, leasing companies
- Wildwood employees get prison for Leasing Ponzi scheme
- Operation Lease Fleece---2011 Update
- IFC Credit Corporation BK—Up-date
- De Lage Landen: A Teachable Moment by Bernie Boettingheimer, CLP
- Leasing News Position on Evergreen and Winter Green Leases
- I should have called Lease Police!
   by Christopher Menkin
- PinnFund/PinnLeasing Michael Fanghella Out of Jail Seeks $150,000 Job
- Three Class Action Suits re: Brican America
- Verifying Tax Returns
- Starting a Leasing Company-Four Parts
   by Mr. Terry Winders, CLP
- Free Mobile Wine Program
- Special Report: Part I
   Could Church Kiosks, Royal Link Carts, NorVergence results been avoided?

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

   Equipment Lease Agreement (EFA)
- California License Web Addresses