Archives---October 3, 2000
“Who else? but...is Gone"

Raymond M. Williams, Ph.D. CAE, president of the Northern California Chapter of the American Society of Association Executives, and for eight years executive vice-president of UAEL, was terminated by the Board of Directors of the United Association of Equipment Leasing. He was reportedly asked to resign, but took the matter to the full board. He thought he had the votes, but did not.

Previous presidents were not surprised, but did not want to go on the record although they did tell me about their term, off the record, and current issues may concern the costs of two conferences this year, alleged lack of control, no membership 2000 directory, and a host of issues that now may be considered innuendo. Dr. Williams did serve for almost eight years, following Jon Bednerick, CAE. He was very popular among the membership.

There is speculation on Dr. Williams' replacement, but with Joan Dalton and Cindy Spurdle in place, it is perceived management appears to be well under control. It may be ironic to some that Dr. Williams hired Cindy Spurdle, former National Association of Equipment Leasing Broker Executive Director, and she now is "temporarily" helping direct the organization along with Joan Dalton. Estarlita Green, administrative assistant for eleven years, left the association last month to continue her gift basket business, she told me. Stay tuned, as there will be more changes here.

Ray Williams Introduced:
http://www.leasingnews.org/Conscious-Top%20Stories/WAEL_Hist_III.htm

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Classified Ads---Controller

 

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

Chicago, IL experienced in lease accounting, operations, management, and Sarbanes-Oxley. Seeking position with equipment lessor. Would consider contract assignments or relocating.  Email: leasecontroller@comcast.net

Southeastern, MI Controller & Management experience w/ equip lessors &broker. MBA, CPA w/ extensive accounting, management, securitization experience with public and private companies. Willing to relocate.  Email: Leasebusiness@aol.com

Southern CA 20 years exp. as hands-on leasing CFO, managing accounting, treasury, FP&A, including securitizations, Great Plains/FRx, budgets, risk management.  MBA.  Also available as interim Controller/CFO, consultant.  Email: leasecfo@gmail.com

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

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Exclusive---"My Three Years with Sheldon Player"
Last Seen at the Grand Victoria Casino

by Christopher Menkin

“Welcome to Grand Victoria Casino in beautiful Elgin, Illinois. Perched atop the spectacular Fox River, Grand Victoria Casino boasts over 1,100 exciting slots, a countless variety of Vegas-style table games, acclaimed gaming promotions and giveaways, four extraordinary restaurants, including award-winning Buckinghams, and unparalleled customer service. It all makes Grand Victoria Casino the best gaming, dining, and entertainment destination in all of Chicagoland.”

Donald Lawson says he spent three years working for Equipment Acquisition Resources (EAR), Palatine, Illinois, at the plant changing serial number tags on equipment that was not working, as well as traveling with Sheldon Player on his gambling sprees across the United States. He told Leasing News Sheldon had the right last name: "Player."

He also verified that Sheldon is living with his wife in Algonquin, Illinois. He ran across Leasing News on Google asking where Player was now living, asking Player to call us, so he decided to call in and tell us about the three years he spent with Sheldon Player. In an exclusive interview, giving permission to use his name he says he still gets court records sent to him, and puzzles why Player is not in jail. Lawson said he now knows the full timeline story and didn't start catching on until the vendors started visiting EAR in Palatine, asking for money, wanting to see Sheldon's wife---then they starting asking for Mark Anstett--- and he was surprised as he thought Sheldon was the man in charge.

None of this was verified, but from the telephone interview, he certainly knew the names of those who were handling the leases at the company, something not published but that Leasing News has known for quite some time, as well as other details that lead this writer to believe he was who he said he was.

In the story about the FBI stopping Player at the Denver airport, coming from Las Vegas, Nevada with $900,000 in cash in his duffle bag, Lawson said Sheldon called him and wanted him to drive the cash up from Las Vegas, but Lawson's wife was sick, and he could not. He further says the FBI let the money go back to Sheldon Player as they verified he had won the money in Las Vegas. It was legally his.

According to Lawson, Player is still hitting the casinos (more on this later in the story). Player was a big winner, according to Lawson, who once visited one of his homes and was shown a closet full of cash, neatly stacked, that Player said was over $2 million. Asked why he had so much cash in the closet, Player told him he was "saving for a rainy day." He reportedly also had cash hidden of equal amounts in other locations.

(Sheldon Player in Wyoming)

The routine, according to Lawson, was he would accompany Player to the casino, cash a company check for $100,000 (the amount varied, sometimes less, sometimes more), sometimes a cashier’s check also from Equipment Acquisition Resource check, which he was told was an investment check. Player would then would put $10,000 in his pocket, and gamble with the rest. Often he gambled on the casino's marker, but also brought along a check to have at least $10,000 to $20,000 in cash--always.

Accordingly Player was a big winner, a top gambler, and casino's treated him like royalty. He was given large suites, champagne, anything he wanted and treated as if he were a Saudia Arabian King. He always wanted to have cash on him. And wasn’t ashamed to often display it.

Lawson soon learned why he was brought along in the gambling trips
all over the United States, often by Casino or private plane.

Lawson remembers the first time Player saw a gorgeous cocktail waitress and wanted Lawson to introduce him to her. Lawson told him, "You're married." Player responded, "She's not here." Lawson found out that was one of his main jobs, telling the cocktail waitresses Player pointed out that he had a lot of cash; and was very generous with all the cash he had on him. Many of the waitresses told Lawson they wouldn't sleep with Player but would go out with him. Others told Lawson they wouldn't sleep with Player unless there was a lot of cash. Player was generous with all of them, Leasing News was told.

Player would have favorite waitresses at various casino's, Lawson said. He reportedly even bought a waitress a house. On one particular house Player wanted the name to be in Lawson's name, about the time the business was being forced to close, and Player would put 50% down and then give monthly give cash for Lawson to make the mortgage payments. He said "no."

Lawson said he was beginning to figure out what was going on at Equipment Acquisition Resources by the vendors coming over and wanting money, and knew he would soon be unemployed.

According to Lawson, Player had a lot of real estate, mostly in his childrens names, and he would use his casino winnings for the property.

One of Player's favorite girlfriends is reportedly Melissa Jensen, who Player recently took to the Grand Victoria Casino, Elgin, Illinois ("Perched atop the spectacular Fox River”). It seems Player doesn't play at the tables anymore, perhaps they know him or maybe he doesn’t want them to know him. What he does is gives the cash to his girlfriend to play ---and also other girlfriends ---he still sees from time to time and they play at the table. He named off a series of casino’s Player still visits.

Lawson said Player's last name really suited him. In fact, he said seven of his girlfriends still call him on a regular basis asking when he is coming back into town.

Mark Anstett, former president of Equipment Acquisition Resources, who filed personal bankruptcy, and Player would talk together, Lawson relates, but when he came up to them for a question about what he was doing, they would talk in code. Lawson knew the equipment didn't work, and was told to change the serial numbers as he thought they were to be repaired or replaced. He would talk to the women who handled placing leases for the company, but never knew what was going on as his job was in another part of the building and he was being well paid by Sheldon for basically being his traveling companion and driver.

Sheldon Player has a Bankruptcy trustee judgment against him from the bankruptcy trustee in the amount of $18,323,404 plus costs of $275.00 against for his failure to appear and to file responsive pleading to Plaintiff's Complaint, and for any additional relief this Court deems necessary. Reportedly he was not able to found to be served and received this default judgment.

First Premier Capital, Edina, Minnesota, according to court documents, consisted of Steve Alpeter, Bill Kelly, both of Minnesota, and Denny Sanford, South Dakota, filed a complaint for $30,365,558.29 against the accountants of both Equipment Acquisition Resources and Sheldon Player, as an individual. The accountants are VonLehman, an Ohio corporation located in Cincinnati.

The Las Vegas Sun reported, "The suit against Wynn sought return, for the benefit of EAR creditors, of the $1.785 million. The trustee also sought $236,500 from the Luxor, $471,000 from the Rio and $30,000 from Harrah's.

“Court records show the administrator has also been looking into at least $4.3 million in payments to the Horseshoe Casino in Hammond, Ind., $584,000 in payments to the Ameristar Casino in East Chicago, Ind., and at least $30,000 to the Palms hotel-casino in Las Vegas. Complaints, however, have not been filed against those properties.

“Among the casinos sued, Wynn so far is the first and only defendant to answer the complaint and last week it disputed the assertions the $1.785 million should be paid back.”

And there is an IRS suit regarding overpayment that the trustee is trying to have returned from the IRS.

The FBI Chicago Office did not return telephone or email inquiries regarding the status if any legal action against Sheldon Player. He was convicted of a similar activity as reported by Leasing News to alert readers almost two years before the debacle came down. Everyone Leasing News communicates with wonders what is taking so long to build a case against him.

Equipment Acquisition Resources -Busted!
http://www.leasingnews.org/Conscious-Top%20Stories/Sheldon_Player.htm

 

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Nine Month BBB Leasing Company Ratings

Changes since July 6, 2012

Chase Industries, Grand Rapids, Michigan, : BBB continues to rate company A+ company, although corporation "dissolved” in 2011, founder filed personal BK with many claims from vendors not paid as well as leasing companies and other creditors (removed from Leasing News list) http://www.bbb.org/western-michigan/business-reviews/leasing-service/chase-industries-in-grand-rapids-mi-38115448

Radiance Capital, Tacoma, Washington, remains a A+ despite the several Bulletin Board Complaints regarding charging a purchase option on an Equipment Finance Agreement and not returning a $5,000 security deposit.

American Capital Group, Irvine, California moves up from B+ to A+

Balboa Capital, Irvine, California moves up from a B- to a B+

iFinancial, San Clemente, California (Leasing News Bulletin Board Complaint) moves up from A- to A

Mazuma, Salt Lake City, Utah (Evergreen clause PPR) moves up from A to A+

Varilease, Salt Lake City, Utah moves up from a B to a B+

Newport Financial Group, Newport Beach, California (Bulletin Board complaints) falls from a B+ to a B-

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---Bulletin Board Complaints, Evergreen PPF
and their BBB Ratings---

Ability Capital Solutions, Long Beach, California: A
ACC Capital, Midvale, Utah: not rated
Benchmark Financial, Aliso Viejo, California: F
Balboa Capital, Irvine, California: B+
iFinancial Group, San Clemente, California: A
Integrity Financial Groups, Murray, Utah A-
Liberty Capital, Aliso Viejo, California C
Marlin Leasing, Mount Laurel, New Jersey A
Jules and Associates, Los Angeles, California: A+
Matrix Business Capital, Long Beach, California: A
Newport Financial Partners, Newport Beach, California: B-
Onset Financial, South Jordan, Utah A-
Radiance Capital, Tacoma, Washington: A+
Tetra Financial Group, Salt Lake City, Utah no rating

Leasing News Complaint Bulletin Board
http://www.leasingnews.org/bulletin_board.htm

Companies who utilize Evergreen Clauses
for Extra Lease Payments

http://leasingnews.org/archives/Sep2012/9_07.htm#evergreen

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A+

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

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

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

Alliance Funding Group, Orange, California
http://www.la.bbb.org/Business-Report/Alliance-Funding-Group-Inc-13096486

---Accredited 3/01/1997
American Capital Group, Inc., Irvine, California
http://www.la.bbb.org/Business-Report/American-Capital-Group-13035961

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

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

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

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

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

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

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

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

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

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

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

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

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

--Accredited 7/20/2011
Jules & Associates, Los Angeles, California
http://www.la.bbb.org/Business-Report/Jules-and-Associates-Inc-92003291

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

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

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

---Accredited 4/30/2004
Mar Vista, Villa Park, California
http://www.la.bbb.org/Business-Report/Mar-Vista-Financial-13158488

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

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

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

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

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

---Accredited 8/20/2009
Providence Capital Funding, Brea, California
http://www.la.bbb.org/Business-Report/Providence-Capital-Funding-Inc-100085193

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

Southern California Leasing Inc., Tustin, California
http://www.la.bbb.org/Business-Report/Southern-California-Leasing-Incorporated-13135867

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

---Accredited 3/11/2005
Strada Capital Corporation, Laguna Hills, California
http://www.la.bbb.org/Business-Report/Strada-Capital-Corporation-100005606

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

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

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

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

A

---Accredited 2/10/2007
Ability Capital Solutions, Long Beach, California
http://www.la.bbb.org/Business-Report/Ability-Capital-Solutions-100046803

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

--Accredited 8/19/2011
iFinancial Group, San Clemente, California
http://www.la.bbb.org/Business-Report/iFinancial-Group-13077753

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

--Accredited since 12/13/2007
Matrix Business Capital, Long Beach, California
http://www.la.bbb.org/business-reviews/Office-Furniture-and-Equipment-Rental-and-Leasing/Matrix-Business-Capital-in-Long-Beach-CA-100041782

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

Accredited since 04/01/1970
US Bank Manifest, Portland, Oregon
http://www.bbb.org/minnesota/business-reviews/banks/us-bank-in-minneapolis-mn-407

A-

Celtic Leasing, Irvine, California
http://www.la.bbb.org/Business-Report/Celtic-Leasing-Corp-78000620

Integrity Financial Groups, Murray, Utah http://www.bbb.org/utah/business-reviews/financing-consultants/integrity-financial-groups-in-murray-ut-22293260

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

Tristar Capital, Santa Ana, California
http://www.la.bbb.org/Business-Report/Tri-Star-Capital-LLC- 13137212

B+

Balboa Capital, Irvine, California
http://www.la.bbb.org/Business-Report/Balboa-Capital-Corporation-13126386

Varilease Finance, Inc., Salt Lake City, Utah
http://www.bbb.org/utah/business-reviews/credit-services/varilease-finance-in-salt-lake-city-ut-2216546

B

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

B-

Main Street Bank, Kingwood, Texas
http://www.bbb.org/houston/business-reviews/banks/main-street-bank-in-kingwood-tx-22011705/

Newport Financial Partners, Newport Beach, California
http://www.la.bbb.org/business-reviews/Other-Financial-Services/Newport-Financial-Partners-LLC-in-Newport-Beach-CA-100100708

C +

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

C

Liberty Capital LLC, Aliso Viejo, California
http://www.la.bbb.org/business-reviews/Other-Financial-Services/Liberty-Capital-LLC-in-Aliso-Viejo-CA-100115384

F

Barklay Capital, Inc., Costa Mesa, CA
http://www.la.bbb.org/Business-Report/Barklay-Capital-Inc-100016455

Benchmark Financial Group, Aliso Viejo, California
http://www.la.bbb.org/Business-Report/Benchmark-Financial-Groups-LLC-100045720

Equilease Financial Service, Norwalk, Connecticut
http://www.bbb.org/connecticut/business-reviews/financial-services/equilease-financial-service-in-norwalk-ct-1003628

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

NOT Rated Any More:

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

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

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

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

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

Somerset Capital Group, Milford, Connecticut
http://www.bbb.org/connecticut/business-reviews/leasing-service/somerset-capital-group-in-bridgeport-ct-1001573
(This company was an A- in 2010. The site lists no complaints in the last 12 months or last three years. No explanation is given as to why it is “not rated.”)

Tetra Financial Group, Salt Lake City, Utah

no rating

TimePayment Corporation
http://www.bbb.org/boston/business-reviews/not-elsewhere-classified/timepayment-corporation-in-woburn-ma-117288/

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

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

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LEAF Announces $150 Million Warehouse Line

LEAF Commercial Capital, Inc., Philadelphia, Pennsylvania announces the closing of a $150 Million revolving credit facility with Credit Suisse AG, New York Branch. According to Miles Herman, President and CEO, “This additional $150 Million of warehouse capacity will be used to fund its new lease originations through its various vendor channels.”

Last Wednesday LEAF announced a securitized a portfolio of approximately $221 million of leases and commercial loans through the issuance of equipment contract-backed notes. The transaction was the second securitization of small ticket equipment leases and commercial loans that LEAF has sponsored since its inception.

Miles Herman, President/CEO

“This new facility, when combined with LEAF's existing $185 Million revolving credit line, gives LEAF a total of $335 Million of warehouse financing,” he said “When coupled with our programmatic ABS issuance strategy, this will provide us with the funding capacity to meet the demands of our growing business for the foreseeable future.

“We are well capitalized and very focused on helping our equipment vendor partners accelerate revenue growth through creative financing programs and we are very optimistic about the future, particularly as we see the demand for small- and mid-ticket equipment leases beginning to increase as we move into the fourth quarter of 2012."

 

 

[headlines]
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Leasing Industry Help Wanted

New Orange County Office Taycor has developed and tested an innovative and unique marketing engine, and we are ready to grow!  We are looking for closers and relationship builders, not cold callers. (Full description) jobs@taycor.com or apply online at www.taycor.com

 

Experienced only, Sales Reps 1 Southeast, 1 West Coast Looking to Expand Your Career Base Salary & Commission Send resumes to dmitchem@ifsc.com www.ifsc.com Stable, profitable independent lessor, 30 years in business Libertyville, IL

 

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.

Sales makes it Happen
by Christopher Menkin

     Use UCC's to Call on Lessees Whose Lessor is Gone

Leasing News started "The List" in the 1990's, and when collecting the first ones, posted it in 1998. The late Adrian Bulman sent Leasing News a memo from Tom Depping to his salesmen, saying look at all these companies not in business, salesmen should be calling their lessees and vendors, and stop complaining that there is not enough business out there.

It has been a practice for many years for leasing companies to obtain UCC filings on their competitors, and call, some even pretending to be a representative of the company. Do not recommend this as it is unethical. Depping was ethical: here were companies no longer in business, or sold, or merged, and these prospects already were sold on leasing; why not call them today?

Before the internet, lists needed to be purchased directly from the department of corporations or a service provider.  Today it is much simpler as almost all states have it on line, and much less expensive, and with a lot more information.

What has happened is when companies are purchased, the new company calls on the previous lessees and vendors.  It is easy for them as they have the records.  It has been happening for years.  Also many companies who get out of the broker business, as soon as they do, they go after the brokers lessees and vendors.  When this  happens, the brokers say they will never come back---but they do, as Marlin Business Service is just one example.

In today's internet, you do not need a large staff to do this or a lot of money.  You go on line, either save or copy the name address of the UCC signer, put it in Excel, sort by zip code if you are going to divide the list, and then use Google to obtain the telephone number by just copy and pasting the address in Google.  It is fast.

You can sort the list by zip code of each state and recommend starting where you are located and then moving more and more out of the area.

If you discover many in one specific street or industrial complex, you can use this for calling on them in person.  Calling them up first, and making an appointment.  It beats just knocking on the door to see if the person who makes the decisions is available.

Many of the UCC's also have the name and address of vendors.  It is very common in UCC's to include the list of equipment from the Exhibit "A" which often has the name and address of the vendor.  Many companies require this, such as Bank of the West Leasing on their documents.  It is quite common.

You can also sort this information in Excel by type of equipment as well as zip code, if you set it up to do this.  It can give you leads to other like vendors, once you get the experience from learning the demands of the equipment provider.

You can also take this a step further and find out who the collection of the payments, meaning the funder who is the assignee.  You may not only want to call the lessees first as they are further removed from where the lease started, but you may find a new funding source that you can use yourself.

You can find who your competitor is doing business with.  In the early years, I would collect the daily UCC filings and weekly look at key cities near me to learn if I lost a customer, and as important, who was the lease assigned to as it might be a new source to fund transactions, too.  Sometimes when it was a high rate house, I would call them and pick up a new customer.

It's easy to do, type in UCC and the State, such as UCC California in your browser and you get:http://www.sos.ca.gov/business/ucc/ or UCC Jersey and you get: http://www.state.nj.us/treasury/revenue/searchucc.htm

You don't need to call against your competitor still active in the business.  Call those no longer active in the business first.

 

Leasing Companies Out of Business
plus No Longer taking Broker/Discounting Business

Companies with an * are no longer in business. The others are companies that were taking broker business, but announced that they no longer are accepting broker business. Many have also down-sized or are managing an existing portfolio.

More details are available in this list by company name:

http://www.leasingnews.org/list_alpha_new.htm

*ABCO Leasing Inc., Bothell, WA
*ACC Capital, Midvale, Utah (lenders running off portfolio residuals)
Advantage Business Capital, Lake Oswego, Oregon
AEL Financial, Buffalo Grove, Illinois
(No longer taking new broker business) 
Alliance Financial, Syracuse, New York
*AMC Funding, Charlotte, North Carolina
American Bank Leasing, Alpharetta, Georgia
*American Equipment Finance, Warren, New Jersey
Balboa Capital, Irvine, Ca
*Bank Midwest Leasing, Overland Park, KS 
Bankers Healthcare Group, Weston, FL.
*C and J Leasing Corp, Des Moines, Iowa
*Carlton Financial Corporation, Wayzata, Minnesota
*Chase Industries, Inc., Grand Rapids, Michigan 
*Chesterfield Financial, Chesterfield, Missouri
CHG-MERIDIAN U.S. Finance, Ltd, Woodland Hills, CA
(Sales Management focuses very selectively on certain brokers.) 
*Churchill Group/Churchill Leasing, Jericho, NY
CIT Group (limited)
Columbia Bank Leasing, Tacoma, WA
Commercial Equipment Lease, Eugene, Oregon 
Concord Financial Services, Long Beach, California
Court Square, Malvern, Pennsylvania
*Creative Capital Leasing Group, LLC, San Diego, CA
Direct Capital, Portsmouth, New Hampshire
Diversified Financial Service, Omaha, NE
Dolsen Leasing, Bellevue/Yakima, Washington
Equipment Finance Partners, a division of Altec, Birmingham, Alabama 
Evans National Leasing, Inc., Hamburg, NY
Enterprise Funding, Grand Rapids, Michigan 
*Excel Financial Leasing, Lubbock Texas
*First Corp.(IFC subsidiary), Morton Grove, Illinois
First Federal Financial Services, Inc., Menomonee Falls, Wisconsin
First Republic Bank, San Francisco, CA
Frontier Capital, Teaneck New Jersey 
*GCR Capital, Safety Harbor, Florida 
GE Capital, Conn (limited)
Global Funding LLC., Clearwater, FL
*Greystone, Burlington, MA
*Heritage Pacific Leasing, Fresno, CA
*Hillcrest Bank Leasing, Overland Park, KS (Parent bank sold)
Huntington Equipment Finance, Vendor Finance Group, Bellevue, Washington
*IFC Credit Corp., Morton Grove, Illinois
Irwin Financial (Irwin Union Bank), Columbus, Indiana 
Irwin Union Bank, F.S.B. (Louisville, Kentucky)
Lakeland Bank, Montville, NJ
LaSalle Systems Leasing
*Latitude Equipment Leasing, Marlton, New Jersey 
*Leaf Specialty Finance, Columbia, South Carolina
*LEAF Third Party Funding, Santa Barbara, Ca.
Lombard, part of Royal Bank of Scotland, worldwide
Marlin Business Services, Mount Laurel, NJ (accepting no new brokers, they may have opened for a select fee, but no more at this time, they say.)
M&T Credit (Bank)
*MericapCredit, Lisle, Illinois
Merrill Lynch Financial
*Mesa Leasing, San Diego, CA 
Midwest Leasing Group, Livonia, Minnesota
National City, Cleveland, Ohio
*Navigator (Pentech subsidiary) San Diego, California
OFC Capital, Roswell, Georgia
Old National Bank, Evansville, Illinois
Pentech Financial, Campbell, CA
*PFF Bancorp, Inc, Pomona, CA
Pinnacle Business Finance, Fife, Washington
*Pioneer Capital Corporation, Addison, Texas
PredictiFund, a subsidiary of Capital Access Network, Inc
Popular Finance, St. Louis, Missouri
Puget Sound Leasing, Seattle, Washington 
Radiance-Capital, Tacoma, WA
Rational Technology Solutions, Rolling Meadows, IL
*Reliant National Finance, Jacksonville, Florida
Republic Bank, Bountiful, Utah 
Sandy Springs, Olney, MD
Sovereign Bank, Melville, New York
Specialty Funding, Albuquerque, NM
*Studebaker-Worthington Leasing, Corp., Jerico, NY
(part of sale from Main Street Bank to Ascentium Capital) 
Sun Trust Equipment Finance & Leasing, Baltimore, Maryland 
*SunBridge Capital, Mission, Kansas
Suncoast Equipment Funding Corp., Tampa, Florida
TCF Equipment Finance, Minnetonka, Minnesota 
TechLease, Morgan Hill, California
*Tennessee Commerce Bank, Franklin, Tennessee 
Textron Financial
*Triad Leasing & Financial, Inc., Boise, Idaho
*Union Capital Partners, Midvale, Utah
US Bank, Manifest Funding, Marshall, Minnesota
(new requirement: large yearly funding) 
US Bank, Middle-Market, Portland, Oregon 
Velocity Financial Group, Rosemont, Illinois
VenCore, Portland, Oregon (former company Len Ludwig)
*Vision Capital, San Diego, California
Wachovia Bank Leasing
*Washington Mutual Financial
Western Bank, Devils Lake, ND
*Westover Financial, Inc., Santa Ana, California

(Note: Should a company policy have changed, please contact kitmenkin@leasingnews.org)

Funders looking for new Brokers:
http://www.leasingnews.org/Funders_Only/New_Broker.htm

"Broker/Lessor" looking for broker business:
http://www.leasingnews.org/Brokers/brokerlessor_bussiness.html

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 440.871.0555 or gary@avptc.com

 

 

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Dog Rescue Group Prevails
Over Foster Caregiver to Compel Spaying Dog

By Tom McCurnin
Barton, Klugman & Oetting

Bode Ace Menkin

Court of Appeals Does Some Legal Gymnastics to Force Dog
Owner to Spay Adopted Pet

Well, it’s a slow legal news day and I know how much Kit loves dog rescue organizations. I was involved with one for two years, rescuing 34 Labrador Retrievers through my home. So, when a dog rescue legal case came along, I knew it was time to put pencil to paper.

Today’s case is Take Me Home Rescue v. Luri, 2012 WL 3727604 (Cal. App. 2012). There, the rescue organization saved a deaf Boxer and the Dog was placed in temporary foster care with defendant Erika Luri for temporary foster care. The organization’s web site stated that “All of our animals are spayed or neutered, brought up-to-date on all shots and are micro-chipped.” Take Me Home explained to Ms. Luri that the Dog could not be placed for adoption until she was spayed. Ms. Luri agreed that the Dog would be spayed as soon as she was healthy enough. Luri signed Take Me Home's temporary foster care agreement. The foster care agreement does not require Luri to spay the Dog, but instead specifies instructions for the dog's care.

Ms. Luri discovered that the Dog was athletic and decided to train the Dog as an agility dog. Ms. Luri discovered that spaying or neutering a dog might interfere with the Dog’s agility skills. Ms. Luri applied to the City of Los Angeles for an intact license for the Dog that exempted her from spaying based upon the Dog's training as an agility dog. Over the next few months, Ms. Luri and Take Me Home’s staff exchanged barbs over whether she had agreed to have the Dog spayed. She denied that oral agreement.

Take Me Home filed suit against Ms. Luri and sought a preliminary injunction to require her to spay the dog. The trial court granted the injunction. One of the chief reasons for granting the injunction was the fact that the Orange County Dog Shelter requires the foster organizations to spay every dog, and thus, Take Me Home would be in breach of their agreement with the County.

On appeal, the California Court of Appeal affirmed,
basing its decision on two legal points

First, the Court held that the oral agreement to spay was enforceable. How the Court got around legal prohibition of an integration clause (prohibiting oral agreements) is a fascinating judicial exercise of gymnastics. The Court of Appeal noted that foster care agreement did not include the material term that the Dog as a shelter dog, would either be spayed as required by Food and Agriculture Code § 30503 prior to adoption, or returned to Take Me Home. However, as Ms. Luri admitted, the parties separately orally agreed that the Dog would be spayed as soon as possible. Thus, the Court concluded, the foster care agreement did not contain the entire agreement of the parties, and was only partially integrated. It didn’t help Ms. Luri’s case that she was caught giving two different stories as to whether there was an agreement to spay.

Second, and this was important to me, Take Me Home apparently has an agreement with the County where they are required to spay every dog they receive and they would be in breach and possibly placed out of existence as a rescue organization if the Dog was not spayed. The Court noted that “Take Me Home's entire existence depends on its ability to place pets that it obtains from shelters in adoptive homes that spay the dogs.”

I’m not sure the Court made the correct legal decision here with the stretches in the contract analysis--- but the Court certainly did the right thing for dogs and pet adoption organizations everywhere.

What this case does demonstrate that if one goes into Court as the good guy, many judges, and perhaps Courts of Appeal, will bend over backwards to do the right thing.

(It also goes to show that old saying, “Too much justice is injustice.” Kit)

Tom McCurnin
Barton, Klugman & Oetting
350 South Grand Ave.
Suite 2200
Los Angeles, CA 90071
Direct Phone: (213) 617-6129
Cell (213) 268-8291
Fax: (213) 625-1832
Email: tmccurnin@bkolaw.com
Visit our web site at www.bkolaw.com

Dog Rescue Case:
http://leasingnews.org/PDF/DogRescueCase.pdf

Previous Tom McCurnin Articles:
http://www.leasingnews.org/Conscious-Top%20Stories/leasing_cases.html

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Recommendations
Lease/Finance Calculators On Line
Free Lease-vs-Buy Calculator

“Our web-based lease-vs-buy calculator is completely free, provided as a courtesy to the capital equipment leasing community by S.B. Associates, Inc. You can view sophisticated lease-vs-buy analyses right on the web site, or you can print out reports for your customers. You'll appreciate the many sophisticated elements that can reveal the advantages of leasing, such as stepped or skipped rents, alternative minimum tax situations, loss carryforwards, or end of term options.

“We currently offer 5 different lease calculators. In addition to the free lease-vs-buy calculator described above, we offer LeaseMan Express (see below), a lease yield and pricing calculator specifically designed for the needs of the small ticket market and non-tax based leases in the middle market. For tax-based and leveraged leases, we offer the LeaseMan (non-express) version. We also offer two separate calculators specifically designed for consumer vehicle leasing.”

http://lease-vs-buy.com/

*** * ***

http://www.financial-publishing.com/ 
Publish interest tables, also computed the rates into factors, where you could then compute "retail" rates from "wholesale" rates.

For instance, on 60 months .025 was 18% or 10% add on ( in advance) and you could then multiply 1.05 ( if you wanted five points) times it and get the retail rate, the selling rate. 
They also have books that had first and last and then with residuals.

A reader asked us for a program that would calculate his commission based on a lease factor. Many founders and equipment leasing companies offer these programs on line, for free. Some allow you to download the program Excel can also do this easily.

Bob Teichman, CLP, sent us the correct formula for HP17BII :

ADV:PMT=(-PV-FVx(SPPV(I%YR÷12:N)))÷(USPV(I%YR÷12:N-#ADV)+#ADV)

"This is a very difficult formula to copy correctly, whether on paper or on the calculator.
"I use this formula in my pricing classes, and it is very useful as it will solve for any of the leasing variables, given any number of advance payments, including rate factor, cost, term, yield (or rate), and residual. As shown above, the formula is only for leases or loans which are paid monthly and where payments are level. However, the formula could be easily adapted to other payment periods (quarterly, for instance). You would have to use a difference formula, or a program such as T-Value, to calculate skip or step payment structures.

"Thanks for printing the information about on-line calculators. I continually refer people to your list."

Regards,

Bob Teichman, CLP
Teichman Financial Training
3030 Bridgeway, Suite 213
Sausalito, CA 94965
Tel: 415 331-6445
Fax: 415 331-6451
e-mail: BoTei@aol.com

In the old days we would take the factor and multiply it by 1.00 with the commission the salesman was seeking. For instance, .0331 and the salesman wanted five points, multiply 1.05 times .0331 and it would be 034755.

Here are some personal financial portals and calculation tools we will be adding to the page:

Bankrate.com
Kiplinger.com
The Motley Fool
USA Today.com

CNN Money has also a financial calculator and other tools, and it's advantage, it is designed with currency converters, and may other programs at work all over the world: 
http://cgi.money.cnn.com/tools/

Here are some simple calculators:

Create a schedule for paying off leases, loans, credit card balances:
http://www.peretek.com/billcalc.php
Loan Calculator, which works on Palm and other PC programs
http://www.microguru.com

Collection of free financial calculator, including stock spread calculator, rent vs. buy
http://www.wheatworks.com/freeware.htm
To reach financial goals:
http://www.xmlcreate.com/WahooCalc.html

It there is a calculator we have not mentioned on this page, please let us know as we will share with other readers.

Here is one sent in by reader, Emily Hill emily.hill@inbox.com .  She says she uses 
it all the time as it "...features over one hundred (by the looks of it) finance-related calculators."www.mortgageloan.com/calculator/

*** * ***

mortgages/loans
http://www.loans-mortgage-calculator.com/

*** * ***

Rosanne Wilson, CLP, sent in a company that will add a calculator to your web page for a fee.

http://www.tcalc.com/

Rosanne Wilson, CLP 
1st Independent Leasing, Inc.
3800 SW Cedar Hills Blvd., Suite 165 
Beaverton , OR 97005 
(800) 926-0851 or Fax: (503) 626-1631 
"It's the Lease We Can Do" 
www.1stindependentleasing.com

*** * ***

Mortgage and Refinance Calculator
refinancemortgagerates.org/mortgage-calculator/

 

Why I Became a CLP

Barry S. Marks, Esq.
Marks & Weinberg, PC

One of the things that make for a good lawyer is a healthy dose of insecurity, even paranoia. Many of us are constantly wondering what someone else might know that we don't, and should.

I suppose that it was that concern that led me to becoming a CLP. For years I was afraid that, while I advised lessors, lessees and lenders on leasing issues, I really did not KNOW leasing. There seemed to be an arcane other world of implicit rates, running rates, residual assumptions, money-over-money-dollar-out-first-amendment-middle-market-mumbo-jumbo jargon that left me nodding and guessing.

Justice Brandeis said that "a lawyer who has not studied sociology is a public menace"; a leasing lawyer who does not understand the economics and business of leasing is no less so.

With that in mind, I took a stab at the CLP program, I don't know if I was the first, or second (Jim Coston is much older than I, of course), lawyer who took the plunge, but I can say that I am proud and glad that I did.

The CLP program filled in the spaces that existed in my understanding of leasing and gave me both new insights into how leasing works (and why the law of leasing is what it is) and a new appreciation for my clients and the challenges they face. Not only can I communicate better, I can better craft legal solutions to real-world situations and avoid the fatal, deal-threatening gap between what I do and what my clients need.

I am honored to be a member of the fraternity/sorority of Certified Leasing Professionals and I recommend it to all who are eligible, lawyers included. I also strongly recommend reading the CLP Handbook

(To learn more about the CLP Handbook)
http://www.clpfoundation.org/toolbox/clp_handbook.php

Why I Became a CLP collection:
http://www.leasingnews.org/CLP/Index.htm

 

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

UBS Bank Client Pleads Guilty to Hiding Money Overseas

LOS ANGELES – Appearing before United States District Court Judge George H. King, an Alhambra man pleaded guilty yesterday to filing a false tax return that did not disclose his holdings in foreign bank accounts in Switzerland and Jersey (Channel Islands) with a value of over $896,000.

Michael Clifford Francis, 50, of Alhambra, pleaded guilty to one count of subscribing to a false 2006 income tax return and one count of failing to disclose interests in foreign bank accounts.

According to the plea agreement, at various times from January 2002 through December 2011, Francis had a financial interest in a UBS account located in Zurich, Switzerland; a HSBC Bank International Limited account on the island of Jersey, in the Channel Islands; and a Commerz Bank account in Germany. During 2006, the maximum value of the UBS account and the HSBC account was $896,157.75.

According to the plea agreement, Francis admitted that for the 2006 and 2007 years he failed to disclose on his tax returns that he had an interest or signature authority over the UBS and HSBC bank accounts. In 2007, he additionally failed to disclose on his tax return his interest in the Commerz bank account.

Francis further admitted that for 2006 and 2007 he failed to file with the Department of Treasury a Report of Foreign Bank and Financial Accounts on Form TD 90-22.1 (FBAR) and did not otherwise disclose to the IRS his interest and control over the above named accounts.

Francis further admitted that in July of 2007 and January of 2008, currency deposits totaling $50,000 and $99,600, respectively were structured into his domestic bank accounts. Structured deposits involve amounts of less than $10,000 that are designed to avoid laws requiring that all cash transactions of $10,000 or more be reported to federal authorities.

According to documents filed with the court, citizens and residents of the United States who have a financial interest in, or signature authority over, a financial account in a foreign country with an aggregate value of more than $10,000 at any time during the year are required to file an FBAR with the U.S. Department of the Treasury.

The FBAR reporting requirement is separate from the obligation of a United States citizen or resident to indicate on a Federal income tax return whether the individual has an interest in a financial account in a foreign country by checking “Yes” or “No” in the appropriate box. The FBAR is an annual report, filed with the IRS.

When Francis is sentenced by Judge King on February 4, 2013, the statutory maximum sentence he will receive for the two offenses to which he is pleading guilty are eight years imprisonment and a fine of at least $500,000. In addition, Francis is obligated to pay the IRS a civil FBAR penalty of 50% of his highest balance for his failure to file FBARs as required by law.

The investigation and prosecution of Francis was conducted by IRS-Criminal Investigation’s Los Angeles Field Office, in conjunction with the United States Attorney’s Office for the Central District of California.

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

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

Chihuahua/Maltese Mix
Algonquin, Illinois Adopt-a-Dog

Angel
Male
Color: White - With Tan, Yellow Or Fawn
Age: Puppy

I am up to date with shots.

Angel's Story...
“Angel is a very sweet little guy, approx. 9 weeks old and a low-shedder. He, along with his 3 other brothers are from Bella, who is also listed here. His adoption fee is $375 which will include neutering once he is old enough. NO OUT OF STATE ADOPTIONS!

“If interested in him, email helpapoochrescue@gmail.com for an application or to request a visit with him at our next adoption show.

“Please note that we are a private rescue and not a shelter. Our adoption shows are held at Petco on Randall Rd. in Algonquin each Sat. from 10am-1:30pm.

Contact This Rescue Group...
Rescue Group: Help a Pooch Rescue
Contact: Joanne Magnuson
Phone: (847) 715-6793
Let 'em know you saw "Angel" on Adopt-a-Pet.com!”
E-mail: helpapoochrescue@comcast.net
Let 'em know you saw "Angel" on Adopt-a-Pet.com!
Fax: (847) 220-9277
Address: Algonquin, IL., 60102

Come Meet Our Pets...
We have adoptions show at the PETCO in Algonquin on Saturdays from 10am-1:30pm. They are located at 702 S. Randall Rd, Algonquin IL 60102. You can email us at helpapoochrescuee@comcast.net for the next show.

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

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

 

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Classified ads—Back Office

Leasing Industry Outsourcing
(Providing Services and Products)

Back Office: Atlanta, GA Let Tax Partners handle your sales and use tax compliance duties w/less risk and cost than in-house. Largest tax compliance firm in US E-mail:sales@taxpartners.com	Back Office: 58 Calif. counties Property tax, assessment appear representation and consulting, including hearing appearances. www.rpcpropertytax.com   Ken Sullivan 800-540-3900
Backoffice: Dallas, TX  Property Tax and sales and use tax administration services performance is guaranteed and we will save you time and money or our service is free. E-mail: info@osgsolutions.com
Back Office: Gig Harbor, WA Orion First Financial provides comprehensive lease/loan account servicing, collection/workout solutions and strategic advisory services. Contact David T. Schaefer 253-857-9610 dtschaefer@orionfirst.com	Back Office: Laughlin, NV 20 years experience on funder/broker sides. Looking for a relationship where I act as credit shop for smaller brokers when financial statements are involved. E-mail:batarista@laughlin.net
Back Office: National Property Tax Compliance Services to the leasing industry. Over 60-years experience and fifty Lessors as clients. References and free quotes available, (216) 658-5618, E-mail gary@avptc.com	Back Office – National Spending too much time on processing credit applications, preparing lease documents and other administrative tasks and not enough time marketing and growing your business? Call us! 407.964.1232 dee@leasebrokerassistant.com
Backoffice: New Rochelle, NY Proactive management/administration of commercial/consumer vehicle lease/finance portfolios covering insurance, titles, registrations, sales/property taxes, tickets, collections, accounting, vehicle disposition. Since 1975 E-mail: Barrett@BarrettCapital.com	Back Office: Northbrook, IL Our staff of CPA's and lease professionals can handle any or all portfolio responsibilities incl. portfolio mgmt, invoicing, sales/property/income tax, accounting, etc.  800-826-7070  E-mail: ngeary@ecsfinancial.com
Back Office: San Rafael, CA We can run your back office from origination to final payoff. 30 years experience in commercial equipment lease and loan portfolio management.  E-mail:gmartinez@phxa.com	Back Office - Portland, OR  Keep more of your hard-earned commissions! Middle-Market, Small-Ticket for brokers, nationwide, 20+years experience, negotiable splits. Contact us for more information at (888)745-9481 or bev@alliedpacific.net
Back Office -Portland  Portfolio Financial Servicing Company is a leading provider of private label primary and backup servicing for lease and loan contracts. 800-547-4905 sales@pfsc.com	Portfolio Servicing: Portsmouth, NH Servicing without all the subcontracting. Payments, billing, collection, legal, recovery, accounting, tax. Leading systems; highly recognized professionals. Call 855.EENGINE http://lendersolutions.equipmentengine.com

All "Outsourcing" Classified ads (advertisers are both requested and responsible to keep their free ads up to date:
http://www.leasingnews.org/Classified/Outsourcing/Outsourcing.htm

How to Post a free "Outsourcing" classified ad:
http://www.leasingnews.org/Classified/Outsourcing/Outsourcing-post.htm

News Briefs----

 

Auto Sales Are Highest in 4 Years
http://www.nytimes.com/2012/10/03/business/g-m-and-ford-post-lackluster-sales.html?ref=business&_r=0

Five former Madoff employees indicted
http://www.upi.com/Business_News/2012/10/02/Five-former-Madoff-employees-indicted/UPI-17471349203705/

Postal service defaults on a $5.6 billion benefits payment
http://www.mercurynews.com/nation-world/ci_21676207/postal-service-defaults-5-6-billion-benefits-payment

 

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You May Have Missed---

"Now is a Great Time to Sell, Restaurant Valuations are Very Strong"

This four minute video will give you an excellent restaurant industry outlook by CIT's Bob Bielinski. He discusses financing options, franchisee financing availability, restaurant valuations and the future outlook. It's well worth the view

www.youtube.com/watch?v=Co056FOkgr8&feature=player_embedded

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SparkPeople--Live Healthier and Longer

SparkPeople--Live Healthier and Longer

Drinking Water During Exercise
http://www.sparkpeople.com/resource/fitness_articles.asp?id=101

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Sports Briefs----

Tony La Russa adds another title to his resume
http://www.contracostatimes.com/bay-area-news/ci_21680794/tony-la-russa-adds-another-title-his-resume

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Baseball Poem

SHORTSTOP by Charles Ghigna ©

Published: Boyd Mills Press (2003)

The slits of his eyes  hidden in shadows  beneath the bill of his cap,  he watches and waits  like a patient cat  to catch what comes  his way. Crack!  and he pounces  upon the ball,  his hands flying  above the grass,  flinging his prey  on its way  across the diamond  into a double-play.

 

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California Nuts Briefs---

 

102 in Saratoga, California on Tuesday
Crickets the night before loudest that I can remember

Zagat releases 2013 Bay Area San Francisco guide; Gary Danko is king once again
http://insidescoopsf.sfgate.com/blog/2012/10/02/zagat-releases-2013-bay-area-san-francisco-guide-gary-danko-is-king-again/

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“Gimme that Wine”

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

Hot temperatures affect wine grape harvest
http://www.ksby.com/news/hot-temperatures-affect-wine-grape-harvest/

Three Biggest Wineries Take Half the Growth
http://www.winesandvines.com/template.cfm?section=news&content=105598&htitle=
Three%20Biggest%20Wineries%20Take%20Half%20the%20Growth&In

Central California, Garagiste Winemakers Gear Up for Fest
http://www.winesandvines.com/template.cfm?section=news&content=105724&htitle=
Garagiste%20Winemakers%20Gear%20Up%20for%20Fest&

In New York, Crush and squeeze time for local wine-makers
http://www.wktv.com/news/local/Crush-and-squeeze-time-for-home-local-wine-makers--172131231.html

 

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

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

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

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

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

      1632-While they did not find a passage to Asia or gold and riches, they did discover tobacco being grown by the American Indians. It became a very valuable crop to the new colonies, in fact so much so, the Massachusetts Court of assistants and General Court, which ruled in Boston, enacted the Tobacco Tax “ that no person shall take any tobacco publicly, under pain of punishment; also that everyone shall pay 1d. for every thime he is convicted of taking tobacco in any place, and that any Assistant shall have power to receive evidence and give order for the levying of it, as also to give order for the levying of the officer's charge. “
    1692- In Massachusetts, Increase Mather published his "Cases of Conscience Concerning Evil Spirits." It allegedly had influence in eventually stopping the Salem witch hunt that began in March when some children called uonto explain their odd behavior, claimed that three old women had bewitched them. The women were tried, convicted, and condemned on the testimony of the children. Although Gov. William Phips halted the trails in October, 1692, by January 1693, twenty persons condemned for witchcraft had been executed and two had died in prison. which effectively brought an end to the Salem Witch Trials which had begun earlier this year.
    1693-The earliest description of buffalo or bison hunting in America appeared in French traveler Fr.Louis Hennepin's account of Louisiana. Coming upon a large group of buffalo, the Indians would surround them with a circle of grass fire, leaving a few openings where they waited to ambush the escaping animals.
    1789 - George Washington proclaimed the 1st national Thanksgiving Day to be Nov 26. Whereas it is the duty of all nations to acknowledge the providence of Almighty God, to obey His will, to be grateful for His benefits, and humbly to implore His protection and favor; and Whereas both Houses of Congress have, by their joint committee, requested me to "recommend to the people of the United States a day of public thanksgiving and prayer, to be observed by acknowledging with grateful hearts the many and signal favors of Almighty God, especially by affording them an opportunity peaceably to establish a form of government for their safety and happiness: Now, therefore, I do recommend and assign Thursday, the 26th day of November next, to be devoted by the people of these States to the service of that great and glorious Being who is the beneficent author of all the good that was, that is, or that will be; that we may then all unite in rendering unto Him our sincere and humble thanks for His kind care and protection of the people of this country previous to their becoming a nation; for the signal and manifold mercies and the favorable interpositions of His providence in the course and conclusion of the late war; for the great degree of tranquility, union, and plenty which we have since enjoyed; for the peaceable and rational manner in which we have been enable to establish constitutions of government for our safety and happiness, and particularly the national one now lately instituted for the civil and religious liberty with which we are blessed, and the means we have of acquiring and diffusing useful knowledge; and, in general, for all the great and various favors which He has been pleased to confer upon us. And also that we may then unite in most humbly offering our prayers and supplications to the great Lord and Ruler of Nations and beseech Him to pardon our national and their transgressions; to enable us all, whether in public or private stations, to perform our several and relative duties properly and punctually; to render our National Government a blessing to all the people by constantly being a Government of wise, just, and constitutional laws, discreetly and faithfully executed and obeyed; to protect and guide all sovereigns and nations (especially such as have shown kindness to us), and to bless them with good governments, peace, and concord; to promote the knowledge and practice of true religion and virtue, and the increase of science among them and us; and, generally to grant unto all mankind such a degree of temporal prosperity as He alone knows to be best.
    1780- Great Hurricane of 1780 kills 20,000 to 30,000 in Caribbean.
http://www.jamaica-gleaner.com/pages/history/story008.html
    1789-- Washington proclaims the First national Thanksgiving Day on Nov 26
    1790- Birthday of John Ross, Chief of the United Cherokee Nation from 1839 to 1866, near
Lookout Mountain , Tennessee. Remembered as a great leader of his people, died August 1, 1866.
( lower half of: http://memory.loc.gov/ammem/today/oct03.html )
    1841-The 'October Gale' hit New England raising havoc with the Cape Cod fishing fleet. 40 ships were washed ashore and 57 men lost their lives from the town of Truro alone. Inland the storm brought heavy snow with 3 inches at Concord, MA and 18 inches at Middletown, CT
    1862- Battle of Corinth Confederates under General Earl Van Dorn suffer a major defeat when they fail to recapture Corinth, a vital rail center in Mississippi. Van Dorn hurled his army at the outer defenses of Corinth on the morning of October 3. Over the course of the spring and summer, both Union and Confederate occupiers of Corinth had constructed concentric rings of trenches around the city. The Confederates were initially successful at capturing the outer defenses, driving the 23,000 defenders back nearly two miles. The battle lasted all day, and only nightfall brought relief to the battered Yankees. The next day, the Confederates made a series of desperate assaults on the inner trenches. They suffered heavy losses and began to withdraw from Corinth by early afternoon. The Confederate defeat was devastating. The Union losses included 315 dead, 1,812 wounded, and 232 prisoners, while the Confederate losses included 1,423 dead, 5, 692 wounded, and 2,268 prisoners. The Confederate defeat at Corinth allowed the Union to focus attention on capturing Vicksburg, Mississippi, the last major Rebel stronghold on the Mississippi River.
    1863- Thanksgiving Day was proclaimed a national holiday by President Abraham Lincoln, to be observed on the last Thursday in November. In 1939 President Franklin D. Roosevelt moved Thanksgiving Day one week back to stimulate Christmas shopping. In 1941 Congress adopted a joint resolution confirming the Fourth Thursday, not the last Thursday, as Thanksgiving Day. 1875- Hebrew Union College was founded in Cincinnati, Ohio under Jewish auspices. It was the first Jewish college in America to train men for the rabbinate.
http://www.huc.edu/about/history.shtml
    1863—Mary Jackson led more than a thousand women in bread riots in Richmond, Virginia. The women wanted food at affordable prices. Confederate President Jefferson Davis attempted to disperse the crowd with words and money from his pocket, but when the women didn't accept his excuses, the Southern gentlemen called in the city police to disperse the women with clubs. It is not reported that the men of the city accepted less food on their tables in an era when the men of the family ate first and women got the leftovers.
    1895 -- Stephen Crane's The Red Badge of Courage is published in book form.
    1899- John S. Thurman of the General Compressed Air and Vacuum Machinery Company, St. Louis, MO, obtained a patent on a ‘pneumatic carpet renovator. It was a vacuum cleaner driven by a motor.
    1900-Birthday of author Thomas Wolfe, born Ashville, North Carolina. He is considered one of American's top writers. “You Can't Go Home Again” is a classic, along with his epic autobiographical novel, “ Look Homeward, Angel.” He died in Baltimore at age thirty-seven of tuberculosis of the brain.
http://www.wolfememorial.com/
http://www.lib.unc.edu/ncc/wolfe/about.htm
http://library.uncwil.edu/wolfe/wolfe.html
    1901 - The first record company, The Victor Talking Machine Company, is incorporated, later merging with the Radio Corporation of America to become RCA-Victor.
    1902-Birthday of Harvey Kurtzman (“What? Me Worry?) Cartoonist and founder of Mad magazine, born Brooklyn, NY. At the age of 14 he had his first cartoon published, and he began his career in comic books in 1943. His career led him to ED (Educational Comics) and with the support of William Gaines, he created Mad magazine, which first appear in 1952. He died February 21, 1993, at Mount Vernon, NY.
    1902-President Theodore Roosevelt becomes the first US president to intervene in a strike by workers when he met with miners and coal field operators in Washington, DC. He appointed a commission that settled the strike later in the month.
http://memory.loc.gov/ammem/today/oct03.html
    1904-Cookman College opens in Daytona Beach, Florida
http://www.cookman.edu/index.html
    1906 - One of the nation's pioneer retailers, W.T. Grant, opened a 25-cent department store. It would go bankrupt, the largest retailer to do so, the day before its 74 th anniversary, 1975.
http://fcit.coedu.usf.edu/florida/photos/business/misc/0453.htm
http://www.goantiques.com/texis,grant_company_preferred,3be9cfe128.html
    1908-Birthday of song writer Johnny Burke, Antioch, CA.
    1916-Birthday of Trigger Alpert, born Indianapolis, IN
    1925-Birthday of jazz promoter George Wein, born Boston, MA. Originated Newport Jazz Festival, 1954, among other contributions to promoting jazz.
    1935-Louis Armstrong Band cuts “I'm in the Mood for Love,” New York City, ( Decca).
    1941-Birthday of Chubby Checker (Ernest Evans, musician, singer, best known for “The Twist”, born Philadelphia, PA.
    1942-Whirlaway, Horse racing's Triple Crown winner in 1941, won the 1942 running of the Jockey Club Gold Cup and became the first horse who win more than $500,000 in career earnings.
    1945 - Stan Kenton and his orchestra recorded "Painted Rhythm" for Capitol Records.
    1947-New York Yankees pitcher Floyd “Bill” Bevens carried a no-hitter into the ninth inning of Game 4 of the World Series against the Brooklyn Dodgers. With two out and runners on first and second as the result of walks, pinch-hitter Harry “Cookie” Lavagetto doubled off the right-field wall in Ebbets Field. Two runs scored, the no-hitter evaporated and the Yankees lost the game.
    1949-WERD, first Black radio station, begins operating in Atlanta, GA. 
http://www.blackseek.com/bh/2001/177_werd.htm
    1951-- Bobby Thomson hit a three-run home run with one out in the bottom of the ninth inning off Ralph Branca to give the New York Giants a 5-4 victory over the Brooklyn Dodgers in the deciding game of the 1951 National League playoff. My Dad had taken my brother and I to this game. The Giants entered the ninth trailing, 4-1, Whitey Lockman drove in one run, and then Thomson came to bat with runners on second and third. The home run has gone down in baseball legend as “the Shot Heard Round the World. It was a very disappointing game as I was a Brooklyn Dodger fan and my brother a New York Giant's fan. The Giants' comeback in the pennant race to tie the Dodgers at the end of the regular season is known to baseball buffs as “The Miracle of Coogan's Bluff.”
    1951----Top Hits
Because of You - Tony Bennett
I Get Ideas - Tony Martin
Cold, Cold Heart - Tony Bennett
Always Late (With Your Kisses) - Lefty Frizzell
    1952- The first video recording on high-definition magnetic tape was made when the electronics division of Bing Crosby Enterprises, Los Angeles, CA, recorded images on magnetic tape, rewound the tape, and immediately reproduced the picture through a standard television monitor tube. A one-inch tape with 12 tracks, 1 for sound, and 11 for pictures, was used. The cost was one-third that of photographic processes.
    1952- “Mr. and Mrs. North “ premiered on TV. This half-hour murder mystery show began as a comedy radio show based on stories by Richard and Frances Lockridge. A pilot program was released in 1949, but the TV series didn't begin until 1952. It starred Richard Denning as Jerry North and Barbara Britton as his wife Pamela, a New York cou­ple who investigated unsolved murders. Francis De Sales was also featured as Lieutenant Bill Weigand.
    1952- “Our Miss Brooks” premiered on television. . This half-hour sitcom began on the radio, and unlike many radio programs that moved to TV, most of the original radio cast was retained. It was about a favorite high school English teacher named Connie Brooks (played by Eve Arden). Also featured were Gale Gordon, Richard Crenna, Gloria McMil­lan and Jane Morgan. In the fall of 1955, the setting was changed, and some regulars left.
     1952--- The long-running radio hit The Adventures Of Ozzie and Harriet, now featuring a 12-year-old Ricky Nelson, debuts on CBS-TV, where it will run for another 14 years, bringing the total life of the show to 22 years!
    1954 Singer Stevie Ray Vaughn Birthday
http://www.hotshotdigital.com/WellAlwaysRemember.4/StevieRayVaughan.html
http://www.austinlinks.com/Music/srv.html
http://www.texasflood.com/
    1955 - "LIFE" magazine's cover displayed Hollywood's most handsome bachelor, Rock Hudson. He died of aids October 2, 1985 in Beverly Hills, Ca.
http://www.cmgww.com/stars/hudson/rock.html
    1955- “Captain Kangaroo” made his first appearance. He was on the air until 1985; this was the longest-running children's TV show until “Sesame Street” surpassed it. Starring Bob Keeshan as Captain Kangaroo, it was broad­cast on CBS and PBS. Other characters included Mr. Green Jeans Grandfather Clock, Bunny Rabbit, Mr. Moose and Dancing Bear. Keeshan was an advocate for excellence in children's program­ming and even supervised which commercials would appear on the program. In 1997 “The All New Captain Kangaroo” debuted, starring John McDonough.
    1955- “Mickey Mouse Club” premiered. This afternoon show for children was on ABC. Among its young cast members were Mouseketeers Annette Funicello and Shelley Fabares. A later version, “The New Mickey Mouse Club,” starred Ken Russell and Britney Spears.
    1957-“The Real McCoy's premiered on TV. This first successful rural comedy program was one of the most popular, predating similar shows such as “The Beverly Hillbillies” by many seasons. It was set in rural California and featured the McCoys, played by Walter Brennan, Richard Crenna,Kathleen Nolan, Michael Winkelman and Lydia Reed.
    1957-The Pat Boone Chevy Showroom TV show premieres on ABC-TV. It would last until 1960.
    1959-Birthday of golfer Fred Couples, Seattle, WA
    1960-” The Andy Griffith Show” premiered. This day marks the airing of the first of 249 episodes. Set in rural Mayberry, NC, the show starred Grif­fith as Sheriff Andy Taylor, Ron Howard as his son Opie, Frances Bavier as Aunt Bee Taylor and Don Knotts as Deputy Barney Fife. Although the last telecast aired Sept 16, 1968- more than 12,000 members of “The Andy Griffith Show” Rerun Watchers Club and others celebrate this day with festivities every year.
    1957-“The Pat Boone Show” premiered on TV. Clean-cut singer Pat Boone hosted three shows between 1957 and 1969. The first was a prime-time variety series with the McGuire Sisters, and the Mort Lindsey Orchestra as regulars. The second show featured the Paul Smith Orchestra and was a daytime variety and talk show. “Pat Boone in Hollywood” was the title of the third, a 90-minute talk show.
    1959----Top Hits
Sleep Walk - Santo & Johnny
Mack the Knife - Bobby Darin
Put Your Head on My Shoulder - Paul Anka
The Three Bells - The Browns
    1961- “Dick Van Dyke Show”. This sitcom wasn't an imme­diate success but soon became a hit. It starred Dick Van Dyke as Rob Petrie, a TV show writer, and Mary Tyler Moore as his wife Laura, a former dancer. This was one of the first shows revolv­ing around the goings-on at a TV series. Other cast members included: Morey Amsterdam, Rose Marie, Richard Deacon, Carl Reiner, Jerry Paris, Ann Morgan Guilbert and Larry Matthews. The last episode aired Sept 7,1966 but the show remains popu­lar in reruns. Carl Reiner created the series.
    1962- the San Francisco Giants came from behind to defeat the Los Angeles Dodgers, 5-4, in the deciding game of their three-game National League playoff. The Giants scored four runs in the ninth inning to advance to the World Series where they lost to the New York Yankees, four games to three.
    1964-Hurricane Hilda crossed the Louisiana coastline with sustained winds of 120 mph at Franklin, LA. Hilda killed 38 and produced a total damage of $125 million. An F4 tornado spawned by Hurricane Hilda cut a 2 mile path through Larose, LA, killing 22 people and injuring 165.
    1967----Top Hits
The Letter - The Box Tops
Never My Love - The Association
Apples, Peaches, Pumpkin Pie - Jay & The Techniques
Laura (What's He Got That I Ain't Got) - Leon Ashley
    1971-Billie Jean King won the Virginia Slims Thunderbird tournament in Phoenix to become the first woman tennis player to win more than $100,000 in prize money in a single year.
    1973-The World Football League was formed as a challenge to the National Football League, but it played less than two full seasons before folding.
    1974-The only major league player selected Most Valuable Player in both the American and National Leagues, Frank Robinson was hired by the Cleveland Indians as baseball's first black major league manager. During his playing career, Robinson represented the American League in four World Series playing for the Baltimore Orioles, led the Cincinnati Reds to a National League Pennant and hit 586 home runs in 21 years of play.
    1975----Top Hits
I'm Sorry - John Denver
Fight the Power - The Isley Brothers
Run Joey Run - David Geddes
Daydreams About Night Things - Ronnie Milsap
    1976-“Quincy” premiered on TV. This medically-oriented crime show starred Jack Klugman as Dr. Raymond Quincy, a medical examiner for the L.A. coroner's office. Quincy's curiosity about his cases led to investigative work which often solved them. Later in the series the show focused on social issues that were unrelated to forensic medicine. IN the final season, Quincy got married to Dr. W. Emily Hanover (Anta Gillette). The last telecast aired on September 5, 1983.
    1977 - The TV event Elvis in Concert, filmed just weeks before the King's death, is shown on CBS, with good friend Ann-Margret hosting. It shocks many with the depiction of a bloated and drug-addled Elvis Presley in his final days.
    1979-an F4 tornado ripped through Windsor Locks, CT. The storm ripped through the Bradley Air Museum totally destroying 16 vintage aircraft. 3 died and damage topped $200 million. As the storm passed 1 mile east of Bradley International Airport, the National Weather Service office reported a wind gust to 86 mph.
    1983----Top Hits
Total Eclipse of the Heart - Bonnie Tyler
Making Love Out of Nothing at All - Air Supply
(She's) Sexy + 17 - Stray Cats
New Looks from an Old Lover - B.J. Thomas
    1983--A five day rain event triggered by moisture from Pacific Tropical Storm Octave finally came to an end over the eastern 2/3rds of Arizona after dropping from 2 to 12 inches of rain. The storm produced the most destructive flooding ever in Arizona with 13 deaths, 1300 homes destroyed. Damage was estimated at $178 million. 20 main highways had to be closed, isolating dozens of towns.
    1986- “LA Law” premiered on television. Set in the Los Angeles law firm of McKenzie, Brack­man, Chaney and Kuzak, this drama had a large cast. Divorce lawyer Arnie Becker was played by Corbin Bernsen, public defender Victor Sifuentes by Jimmy Smits and managing partner Douglas Brackman by Alan Rachins. Other cast members included Harry Hamlin as Michael Kuzak, Richard Dysart as Leland McKenzie, Susan Dey as Grace Van Owen, Jill Eikenberry as Ann Kelsey, Michael Tucker as Stuart Markowitz and Susan Ruttan as Roxanne Melman. The last telecast was May 19, 1994.
    1991----Top Hits
I Adore Mi Amor - Color Me Badd
Good Vibrations - Marky Mark & The Funky Bunch/Loleatta Holloway
Emotions - Mariah Carey
Where Are You Now - Clint Black
    1992- A strong low pressure system moved out of the Gulf of Mexico spawning several tornadoes in the Tampa, FL area. One person was killed and 23 homes destroyed as one tornado moved through Largo. 3 people were killed and 75 injured in Pinellas Park as an F3 tornado passed through. Total damage was $32 million. Heavy rains also occurred across North Florida and Georgia with the storm with 8.69 inches at Jacksonville, FL and 10.14 at Brunswick, GA. Strong winds and a long fetch pushed tides 4 to 5 feet above normal along the west coast of Florida. Major beach erosion occurred along the coast of Hillsborough County and at Egmont Key.
    1993-GORDON, GARY I. Medal of Honor
Rank and organization: Master Sergeant, U.S. Army. Place and date: 3 October 1993, Mogadishu, Somalia. Entered service at: ----- Born: Lincoln, Maine. Citation: Master Sergeant Gordon, United States Army, distinguished himself by actions above and beyond the call of duty on 3 October 1993, while serving as Sniper Team Leader, United States Army Special Operations Command with Task Force Ranger in Mogadishu, Somalia. Master Sergeant Gordon's sniper team provided precision fires from the lead helicopter during an assault and at two helicopter crash sites, while subjected to intense automatic weapons and rocket propelled grenade fires. When Master Sergeant Gordon learned that ground forces were not immediately available to secure the second crash site, he and another sniper unhesitatingly volunteered to be inserted to protect the four critically wounded personnel, despite being well aware of the growing number of enemy personnel closing in on the site. After his third request to be inserted, Master Sergeant Gordon received permission to perform his volunteer mission. When debris and enemy ground fires at the site caused them to abort the first attempt, Master Sergeant Gordon was inserted one hundred meters south of the crash site. Equipped with only his sniper rifle and a pistol, Master Sergeant Gordon and his fellow sniper, while under intense small arms fire from the enemy, fought their way through a dense maze of shanties and shacks to reach the critically injured crew members. Master Sergeant Gordon immediately pulled the pilot and the other crew members from the aircraft, establishing a perimeter which placed him and his fellow sniper in the most vulnerable position. Master Sergeant Gordon used his long range rifle and side arm to kill an undetermined number of attackers until he depleted his ammunition. Master Sergeant Gordon then went back to the wreckage, recovering some of the crew's weapons and ammunition. Despite the fact that he was critically low on ammunition, he provided some of it to the dazed pilot and then radioed for help. Master Sergeant Gordon continued to travel the perimeter, protecting the downed crew. After his team member was fatally wounded and his own rifle ammunition exhausted, Master Sergeant Gordon returned to the wreckage, recovering a rifle with the last five rounds of ammunition and gave it to the pilot with the words, "good luck." Then, armed only with his pistol, Master Sergeant Gordon continued to fight until he was fatally wounded. His actions saved the pilot's life. Master Sergeant Gordon's extraordinary heroism and devotion to duty were in keeping with the highest standards of military service and reflect great credit upon him, his unit and the United States Army.
    1993-SHUGHART, RANDALL D. Medal of Honor
Rank and organization: Sergeant First Class, U.S. Army. Place and date: 3 October 1993, Mogadishu, Somalia. Entered service at: ----- Born: Newville, Pennsylvania. Citation: Sergeant First Class Shughart, United States Army, distinguished himself by actions above and beyond the call of duty on 3 October 1993, while serving as a Sniper Team Member, United States Army Special Operations Command with Task Force Ranger in Mogadishu, Somalia. Sergeant First Class Shughart provided precision sniper fires from the lead helicopter during an assault on a building and at two helicopter crash sites, while subjected to intense automatic weapons and rocket propelled grenade fires. While providing critical suppressive fires at the second crash site, Sergeant First Class Shughart and his team leader learned that ground forces were not immediately available to secure the site. Sergeant First Class Shughart and his team leader unhesitatingly volunteered to be inserted to protect the four critically wounded personnel, despite being well aware of the growing number of enemy personnel closing in on the site. After their third request to be inserted, Sergeant First Class Shughart and his team leader received permission to perform this volunteer mission. When debris and enemy ground fires at the site caused them to abort the first attempt, Sergeant First Class Shughart and his team leader were inserted one hundred meters south of the crash site. Equipped with only his sniper rifle and a pistol, Sergeant First Class Shughart and his team leader, while under intense small arms fire from the enemy, fought their way through a dense maze of shanties and shacks to reach the critically injured crew members. Sergeant First Class Shughart pulled the pilot and the other crew members from the aircraft, establishing a perimeter which placed him and his fellow sniper in the most vulnerable position. Sergeant First Class Shughart used his long range rifle and side arm to kill an undetermined number of attackers while traveling the perimeter, protecting the downed crew. Sergeant First Class Shughart continued his protective fire until he depleted his ammunition and was fatally wounded. His actions saved the pilot's life. Sergeant First Class Shughart's extraordinary heroism and devotion to duty were in keeping with the highest standards of military service and reflect great credit upon him, his unit and the United States Army.
    1995 - In a Los Angeles courtroom, O.J. Simpson was acquitted of the June 12, 1994 stabbing deaths of his wife, Nicole Brown Simpson, and waiter, Ronald Goldman. Simpson smiled and nodded toward the jury, saying “Thank you, thank you.” O.J. Simpson was found liable for the 1994 death of Ronald Goldman and committed battery against his ex-wife Nicole Brown Simpson in a civil trial jury ruled February 4, 1997. The Superior Court jury awarded $8.5 million in compensatory damages to the Goldman family and to Ron Goldman's biological mother. The jury ruled against Simpson on each of the eight technical questions of liability it was asked to consider. It effectively found Simpson liable for his ex-wife's death, though the Brown family did not seek such a verdict.
http://www.courttv.com/casefiles/simpson/
    1995—Top Hits
Jagged Little Pill - Alanis Morissette
Dangerous Minds--Soundtrack 3
Cracked Rear View--Hootie
All I Want- Tim McGraw
    1998- "The First Night" by Monica topped the charts and stayed there for 2 weeks.
    2005---Top Hits
Gold Digger-- Kanye West Featuring Jamie Foxx
Shake It Off- Mariah Carey
Like You- Bow Wow Featuring Ciara
Photograph- Nickelback
    2007 - The Rolling Stones' "A Bigger Bang" tour, named after their latest album, sets a new world record for grosses when the two-year jaunt rakes in nearly 560 million dollars.
    2010 - The Giants return to the playoffs for the first time in six years when they beat the Padres on the last day of the season. After losing the first two games of the week-end series to San Diego, San Francisco avoids ending the season tied with their West Division foe with a 3-0 victory at AT &T Park.