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by Christopher Menkin Orix promotes Barry L. Balilock to "senior vice-president
and group manger, to over see credit administration as the once influential
finance/leasing industry flounders for business and good credits. Blailock appears to be a "rush to judgment" appoint
as the announcement says, " joined OFS in August
of 2001 as vice president/credit manager for the Construction &
Transportation Segment (CTS) of EFG. His extensive knowledge of the
industry and of credit underwriting standards and procedures has been
instrumental in the success of the Group." Prior to joining OFS, Blailock held various credit management
positions with companies within the equipment financing industry including
The CIT Group, Concord Commercial Corporation and Commercial Credit
Equipment Corporation/McCullagh Leasing Inc. ORIX Financial Services is an indirect wholly owned operating
subsidiary of ORIX Corporation, a leading diversified financial services
organization with assets in excess of $49 billion. To say the least,
the company has seen better days, but then, haven’t we all. |
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