Leasing News
Independent Un-biased and Fair News about the Leasing Industry
Leasing News
Leasing News Archives
Leasing News Job Postings and Classifieds
Contact Leasing News
Leasing News Sitemap
Leasing News List
Search Leasing News
Leasing News
Leasing News

Subscribe@leasingnews.org



Middle Market Sales Rep.: exp. sales reps throughout country for middle market leasing/financing. Must have min.5-years exp. in "hard assets" ranging from 100K -$1.0MM generated from vendor and /or direct sources. Excel. benefits, base salary and commission program. Resumes to amandell@eqcorp.com .

About the Company: A rapidly expanding Middle Market Leasing / Finance Company located in CT. Equilease Financial Services, Inc

Tuesday, April 12, 2005

Headlines---

Classified Ads---Sales
    NorVergence Soap Opera
        Leasing Conferences - Up-Date
            2005 Industry Future Council Report
Classified Ads---Help Wanted
    GATX Announces Results of Tender Offers
        Auto Financing in China: A Market Analysis
News Briefs---
    California Nuts Brief---
        "Gimme that Wine"
            This Day in American History
                Baseball Poem

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

Your One stop solution for training and reference material for the Leasing Professional


Visit our website by clickng on the logo above

122-A Foothill Blvd., Arcadia, CA. 91006
Voice 626-305-1053 . Fax 626-305-0019 .
ted@cclease.com

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

Classified Ads---Sales

Sales: Bakersfield, CA.
I have an extensive sales and management background in equipment leasing. My work history exhibits my major strength in small ticket equipment leasing.
Email: pangress@msn.com
Sales: Boston, MA.
Middle market originator, construction/Trucks /
Trailers w/ 8 years in territory, looking for company / bank with competitive products
Email: mrichlease@comcast.net
Sales: Boston, MA.
Vendor Program Specialist. Relationship seller with major end users in Northeast as well. Top references
email: gymqunhrh1@aol.com

Sales: Cedar Rapids, IA.
Formally trained in Credit, Collections, & Sales with regional bank. Seeking sales or sales management.
Over ten years
in SM, vendor and end user.
E mail: mjrprime@yahoo.com
Sales: Central, NC.
7 yrs.equip leasing &finance; specialist in heavy construction equip for 2-top-5-specialty finance/lease companies, NC &VA territories. $10-15MM annual funding. Downsized in 2002, now independent broker with varied customer base. Email: sunriseleasing@aol.com
Sales: Chicago, IL. 12+ yrs multinational/national sales & business development. Seeking role with captive lessor or global leasing company. Will relo right opportunity. Experience structuring complex transactions. Email: leasingismylife@yahoo.com
Sales: Denver CO.
Experienced Equipment Leasing Broker looking for a in house leasing company. Can bring a book of business with me or develop new territory where needed.
Email: Steven@eagle2.net
Sales: Detroit Mi
5 yrs sales experience in IT small ticket leasing/Greenbelt Certified with Fortune 100 company/strong communication and negotiation skills/book of business available. scottpoko@comcast.net
Sales: East Central Florida
20+ years experience in all areas of leasing; sales, credit, operations, syndication. Currently independent seeking position with direct middle market lender in regional capacity
email: southernleasing@bellsouth.net
Sales: Fresno CA.
Account Exec/Manager. 7+ years Leasing Sales: underwriting/contract, complex transactions, hi-tech, government, direct & vendor leasing. Captive & syndicator environments. Expert deal closer. Will send resume.
Email: dsp559@pacbell.net
Resume
Sales: Grand Rapids, MI.
17 years sales/ sales management in Britain specializing in operating leasing/ Asset Management within middle ticket market. Credit/ documentation skills. Previous sales experience in Michigan.
email: pauldear1@comcast.net
Resume
Sales: Greensboro, N.C.
Seeking direct & broker sales w/major finance companies in NC or southeast market. Small to mid-ticket range. Stable &family oriented. Will have series 6,63,65 license shortly.
Email: kc1492@aol.com
Sales: Kansas City, MO.
15+ years in finance/leasing industry, extensive knowledge in sales and management. Specializing in construction,
transportation and machine tool industries. Will re-locate for right opportunity.
Email: Financerep@aol.com
Sales: Kansas City, MO.
20 years Senior Sales/Management experience in small ticket/government leasing. Program Management experience, managing 12
Reps. Credit Auth to $50K. Success in soliciting and maintaining accounts.
Email: dhundley1@kc.rr.com
Sales: Los Angeles, CA.
12+years Leasing sales, underwriting/contract exper. including hi-tech, govt, direct & vendor leasing. Seeking role w/institution or captive. Exper. w/ complex transactions, including securities. Possible relocation.
Email: rahlease04@hotmail.com
Sales: Los Angeles CA.
5 years experience structuring off-balance sheet finance solutions on computer and medical equipment. Perform detailed competitive analysis and market research. I uncover leads and sell.
email: barretthawk@hotmail.com
Sales: Louisville, KY
27 years veteran of the construction, machine tool, manufacturing and transportation market. Located in Louisville , KY willing to transfer for the right company.  Looking for full time employment with base and benefits.
Email: jim_jrd@msn.com
Resume | Cover letter
Sales: Mission Viejo, CA
Account Sales Executive with 10 years of leasing experience looking for company to bring existing customer base.
Email: makelly21@hotmail.com
Sales: Montgomery, AL.
Individual with 10 years advertising sales exp. & 7 years insurance sales exp. Wants independent contractor situation in Alabama.
Work with leasing company or broker.334-281-5200
E-mail: billmcneal2003@yahoo.com
Sales: Nashua, NH.
10+ years sales experience small & mid-ticket hi-tech & telecom in a captive and vendor environment. Seeking new sales opportunity in New England.
E-mail: RPepa@aol.com
Sales: Orange County, CA.
Skilled deal-closer at above-average rates. Entrepreneurial. Accomplished lease-structurer specializing in transportation. Exp. in direct/captive & syndicator environments servicing vendors, brokers, & end-users.
Email: originator@sbcglobal.net
Sales: Philadelphia , PA
Seeking an open opportunity to advance in the automotive, commercial leasing & finance industry.........
Email: alexe362002@yahoo.com
Sales: Portland, OR.
"Exp. In direct sales and sales mgmt.
I love Portland, but decent here jobs are few. Willing to be re-located, would like to work for you.
Email: pthygeson@netscape.net "
Sales: Prairie Village, KS Have substantial deal flow and database of broker referral sources. Generated and closed over $22M LY. Seeking exclusive relationship w/direct founder.
Email: fiergl@aol.com
Sales: San Bernardino, CA.
Account executive w/4 years exp. in small ticket &lower end middle market lease transactions, Outstanding ACT database compiled of over 500 vendors. Seeking a career driven position w/a reputable lessor
Email: moneytoloan@hotmail.com
Sales: San Francisco Bay Area, CA
10+ yrs in middle market leasing. Seek direct lessor only. Transaction size from $500M to $10.0MM. Client base: printing, food, retail, manufacturing.
Email: edm173@sbcglobal.net
Sales: SF Bay Area, CA.
15+ yrs--mid mkt. $500M to $10.0MM. Seeking role w/ captive or global leasing firm. large book to bring with me! Debt, tax, 1st amendment, etc.
Email: lac4002@yahoo.com
Sales: San Francisco, CA.
Business Development "Hunter" with 20 years experience, 5 ½ in development of CONTRACTUALLY BASED VENDOR PROGRAMS primarily in high tech. Can bring rolodex, not programs.
E-mail: BizDev7@aol.com

Sales: Seattle / Tacoma, WA.Award-winning commercial equipment leasing pro. Canadian-American knowledge. This pro can sell like few others and is a relationship-builder. Grab me before I sell against you.
Email: greenawayslove@aol.com

Sales: Southern California
Equipment Financing Professional with strong background in Sales, Management, Marketing & Operations. Will consider relocation for Senior Sales or Management position offering dynamic growth opportunity.
Email: natsif@hotmail.com
Sales: South Central U.S.
TX, OK, KS & AR Territory.
Equipment finance and leasing professional, 20 years experience. Top producer in middle to upper middle markets. Extensive customer base.
Email: leasingrep2004@yahoo.com

[headlines]

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

NorVergence Soap Opera

by Kit Menkin

A “hard line” group has developed a new web site, www.LesseeRights.org, evidently not satisfied with “ www.fightthescam.com. ” They are also planning to picket the Equipment Leasing Association 44th Annual Convention at Boca Raton Resort & Club Boca Raton, FL October 23-25, 2005. A member of the group claims to have received permission for an orderly demonstration from local authorities.

The backers of the first web site have posted disappointment with the announcement of the need for a new anti-leasing company web site, “ We have posted all relevant information to our cause, helped victims, helped ex-employees, lawyers, judges, Attorney Generals, and the list goes on, “ they said. There is talk the new web site will be the “... headquarters of NVAC, Norvergence Victims Action Committee.”

In the meantime, Preferred Capital, Breckville, Ohio, has worse things to worry about than the restoration of its web site or the posting on a new web site against leases they purchased from NorVergence. According to a very well informed source, the leasing company “double dipped” several to many leases to local community and regional banks. To make matters worse, many are the NorVergence contracts where lessees are refusing to make monthly payments as they are not receiving service, which they contend was part of the lease contract.

Preferred Capital will not return telephone calls to Leasing News.

Last Friday, two judges in the Missouri St. Louis County Circuit were requested to add NorVergence, a bankrupt New Jersey telecommunications company to close to 100 cases brought by Popular Leasing of Baldwin, Missouri. Despite the fact the company is no longer in operation, being dissolved with more liabilities than assets, the court is being asked to name the defunct company as co-defendants..

Daniel V. Conlisk, the attorney for approximately 75 of the lessees, argued that his clients need to add NorVergence Inc. of Newark, N.J., even though the company is in bankruptcy proceedings as he claims they were the victims of fraud by NorVergence and perhaps the cause why his clients no longer are making leasing payments.

Randall F. Scherck, a lawyer for Popular Leasing USA, told judges Melvyn W. Wiesman and Barbara Wallace that such an order from them was not necessary as their cause centered around enforcing the "stream of payment" of the leasing contracts.

Scherck acknowledged that Popular Leasing purchased the leasing contracts from NorVergence. This could be the tip of the ice berg for Popular Leasing and other in the same predicament. According to newspaper reports, Popular Leasing has filed closed to 500 lawsuits in St. Louis County alone to collect lease payments from businesses around the country that had signed up with NorVergence. Popular's reportedly has $30 million of NorVergence contracts.

The attorney for the defendants in asking for the enjoinment, said "NorVergence, whose conduct is at the core of these cases, is not here...” Conslisk added, “There is no showing that NorVergence couldn't be enjoined."

He claims his clients are victims of NorVergence's fraudulent claims and therefore cannot be held accountable for damages resulting from the fraud.

One of the arguments centers around the alleged high-tech, next-generation network accelerator called "The Matrix", allegedly costing $1500 new and $500 used. NorVergence salesmen claimed the product was a "spectacular innovation" which would channel telephones, Internet and cell phone service onto single line.

Customers were told they'd get unlimited service if they would sign leases and pay fixed-price bills monthly. When "The Matrix" turned out to be a decidedly low-tech machine - basically a router - charges of fraud were filed and by June of last year, NorVergence was in bankruptcy.

Attorney Randal Scherck does not believe the failure of NorVergence is both “ necessary nor vital” to the cases in court. "We have bought these contracts completely,” he said. “It is analogous to a bank buying a contract from a bank. That is what Popular does. It is not a factory. It buys paper," according to the St. Louis Post-Dispatch.

The effect of a court order adding NorVergence on the industry of "buying and selling of contracts would be devastating," he said. "It sets a dangerous precedent."

Conlisk position is they were fraudulent contracts, adding that the defendants also had the right to examine the relationship between NorVergence and Popular Leasing in the preparation of the lease contracts, evidently as the cause to cease making the “stream of contract” payments.

In the meantime, the bankruptcy court in New Jersey is processing all the claims, including scheduling a hearing for the creditors and debtors. At the time, the “real” number of actual NorVergence leases in the claim will be given. The original claim was 11,000, but indications are the number of actual leases in dispute is much lower.

The New Jersey attorney general has filed a suit against NorVergence and its president, while 13 other attorney generals have made claims on NorVergence leases in their states regarding venue of disputes and many also demanding the leasing companies settle approximately for 15 cents on the dollar.

Lead Federal Trade Commission equipment prosecuting attorney Randy Brook states the FTC is actively pursuing all aspects of the case, viewing it in a civil manner, and any information that may come there way pointing to criminal activity, he says they turn over to the appropriate agency.

“There may be action for the U.S. postal inspectors and various states have their own laws, plus other tax authorities, including the insurance commissions, may consider criminal activities, “he explained. “I assume they would take a hard look into matters . ..

Other that what CIT itself reported publicly in its SEC filing about grand jury subpoenas, I don't know of any specific, current criminal investigations of any finance companies.”

There is no time table to when the FTC will complete his investigation or whether his office will file a legal complaint.

It appears the twist and turns of the plots and characters are more involved than a television soap opera.

[headlines]

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

Leasing Association Conferences—Spring

April 14-17,2005
Mills House
Charleston, South Carolina

“The famous Mills House in beautiful, historic Charleston, South Carolina will be the setting for this super conference. Bill Cowden of Springs Leasing, chairman of this event, promises a conference to remember. If you have any workshop ideas or want to volunteer as a panelist, call Alison at 212-809- 1602.”
        EAEL.org web site

To view the Mills house, please go here:
http://www.millshouse.com/virtual-tour.htm

Registration
http://www.eael.org/CharlestonReg.pdf

Flight Information
http://www.chs-airport.com/

Registration has been very active and the Doubletree expects to be completely sold out soon. Please book your room request at 1-877-445-6677 as soon as possible. Additionally, the Saturday afternoon Texas Hold'em tourmament still has seats remaing. Join us for this fun event.

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

April 21-24, 2005

Spring Leadership Conference
Doubletree Paradise Valley Resort
Scottsdale, Arizona
Chairman: Steve Reid - Pacific Capital Bank

Content:
- Great Educational Sessions and Roundtables
- Strong Speakers
- McCormick's Ranch Golf
- Arizona Diamondbacks Game

SPECIAL SPOUSE EVENT:
Friday 10:30 am - 2:00 pm
Interactive cooking Class/Lunch and Wine Tasting with the Chef at Sur La Table. Shopping, to follow your luncheon outing!

Crab Cakes with Chili Lime Dressing
Grilled Spice Rubbed Pork Tenderloin with Spicy Mango Corn Salsa
Potatoes Gratin Dauphinoise
Warm Chocolate Molten Cake with Raspberry Coulis

Saturday 2:00 pm - 5:00 pm
Join us for the Texas Hold'em Card Tournament
$75.00 Entry Fee. $1000.00 to the winner!
(Special championship bracelet to the winner. Male or Female.)

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

May 4-6,2005

Loews Miami Beach Hotel
South Beach, Miami, Florida

for more information, please go here:
http://leasingnews.org/PDF/25AM05_springpgm.pdf

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

May 12-15,2005

Hyatt Regency Union Station
St. Louis, Missouri


Claude Elmore—Conference Chairman
Netbank Business Finance

Conference information:
http://www.naelb.org/associations/2004/files/
NAELB05%20Reg%20Brochure%20FINAL.pdf

General Conference Information:
http://www.naelb.org/displayconvention.cfm

[headlines]

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

2005 Industry Future Council Report

Each year, the Foundation gathers dozens of the sharpest executives in the industry to ask them pointed questions about leasing's challenges and strength, and let them engage in a freewheeling discussion about the near term future of leasing. The resulting Report offers a look at the influencing forces, variables and market-changing trends that signal the pace and direction of the business for the next couple of years. This is an invaluable strategic and tactical tool.

Foundation donors will receive the study free of charge. Non-donor fee is $200. For a complete list of donors and for information on donating, visit:

http://www.leasefoundation.org/donors/

To order the report:
http://www.leasefoundation.org/store/index.cfm?fuseaction=
product.display&product_id=347

[headlines]

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

Classified Ads---Help Wanted

Account Representatives & Sales Coaches


Account Representatives & Sales Coaches are needed in Nashville, TN & Austin, TX locations with exp. in finance and sales with a successful track record of sales leasing.  Positions are available for remote Account Executives with 8+ yrs Equipment Leasing Sales exp. Work directly with CFOs, CIOs, CEOs and other high-level executives.  Please send resume indicating position of interest and location: US_DFS_Staffing@dell.com.

About the Company:  
At Dell Financial Services, we aspire to fuel your potential with the kind of challenging opportunities and hands-on support you need to grow.  We're the exclusive provider of leasing and finance services for Dell technology systems worldwide.

www.dellfinancialservices.com

Asset Management


Asset Management:
Long Island City, NY
seeking an experienced off lease and repossession manager. Successful candidates should have prior experience. Email resume to ekaye@advantagefunding.us or fax to 718 392 5427.

About the Company: Advantage Funding is a leading commercial and consumer vehicle and equipment financing and leasing company, Long Island City, NY.

www.advantagefund.com

Collection Attorney


Collection attorney - three to five years experience, creditor rights and bankruptcy experience is a must - contact: cgates@spiwakandiezza.com

Spiwak & Iezza, LLP, Westlake Village, Ca. is an extremely aggressive collection law firm that believes in taking action against debtors quickly and pushing through to final resolution without delay.
http://www.spiwakandiezza.com/about.htm

Finance Administrator


Export Finance Administrator for cross-border equipment deals. Seeking someone with existing strong credit, administrative, and people skills whom we can train in our specialized international credit services. Fluent English and Spanish required. To learn more and apply, click here .

Meridian Finance Group provides credit, insurance, and financial services that help U.S. exporters to increase their international sales.

www.meridianfinance.com

Marketing Officer



Marketing Officer, generate/maintain relationships w/equip. leasing companies nationwide. Heavy phone/moderate travel. Ability to read/understand FS/tax returns required. Indirect marketing exp. necessary plus computer skills. Bachelor's degree.
Email resume to sgreen@bankofthewest.com
Website: www.bankofthewest.com

Bank of the West and its subsidiaries are equal opportunity/affirmative action employers. It is our policy to recruit, advertise, employ, promote, transfer, discipline, and discharge without regard to race, religion, color, national origin, ancestry, age, physical or mental disability, medical condition, veteran status, sexual orientation, sex, marital status, or any other protected status.

Middle Market Sales Representative



Middle Market Sales Rep.: exp. sales reps throughout country for middle market leasing/financing. Must have min.5-years exp. in "hard assets" ranging from 100K -$1.0MM generated from vendor and /or direct sources. Excel. benefits, base salary and commission program. Resumes to amandell@eqcorp.com .

About the Company: A rapidly expanding Middle Market Leasing / Finance Company located in CT. Equilease Financial Services, Inc

Sales Representative


RCA Capital Corp. Fair Lawn NJ seeks exp. sales rep.w $5 million annual middle market business. A great opportunity to grow with an established reputable independent. Competitive comp. plan w gd benefits/401k. Contact: Mike Pandolfelli, CEO mbp@rcacapital.com

RCA is a privately held nationwide equipment leasing and finance company. Its primary focus is in the printing, packaging, corrugated and label industries. RCA is seeking to diversify and expand its customer base through industries such as transportation, machine tools, plastics, medical, etc.

 


Baltimore/Washington based Sales Rep. - To develop vendor & lessee direct originations. Requires 3+ yrs commercial sales exp. For full description and application, click here for more information.

Madison Capital, a Baltimore based equipment and vehicle leasing company for 30 years is a national provider of direct financing services for both vendors and lessees. www.madisoncapital.com

 

Sales Representatives:
Well-established leasing company seeks veteran sales professionals in the small and middle ticket equipment marketplace. Stay where you are and share in the profit of each deal you book with ACC. Fax resume: 801-733-2358.

About the Company: ACC (ACC Capital Corporation) is a diversified middle-market financial services company that specializes in structuring, origination, servicing and syndication of a broad array of lease products.

www.acccapital.com

[headlines]

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

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

GATX Financial Corporation Announces Results of Tender Offers

CHICAGOGATX Financial Corporation (GFC), a wholly owned subsidiary of GATX Corporation (NYSE:GMT), announced the results of its tender offers for any and all of the outstanding principal amount of its 7 3/4% Notes due December 1, 2006 and 6 7/8% Notes due December 15, 2006. The tender offers commenced on March 28, 2005 and expired at 5:00 p.m., New York City time, on April 8, 2005.

The depositary agent, Global Bondholder Services Corporation, has informed GFC that an aggregate principal amount of $120,638,000 of the 7 3/4% Notes and $67,738,000 of the 6 7/8% Notes were tendered. Settlement of each tender offer will occur on April 15, 2005.

Banc of America Securities LLC and Citigroup Global Markets, Inc. acted as Dealer Managers for the tender offers.

COMPANY DESCRIPTION

GATX Financial Corporation (GFC) is a wholly owned subsidiary of GATX Corporation (NYSE:GMT). GATX is a specialized leasing company combining asset knowledge and services, structuring expertise, partnering, and capital to provide business solutions to customers and partners worldwide. GATX specializes in railcar, locomotive, and aircraft operating leasing.

Investor, corporate, financial, historical financial, photographic and news release information may be found at www.gatx.com.

GATX Corporation Rhonda S. Johnson, 312-621-6262

[headlines]

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


World Leasing Yearbook 2005

ISBN:184374 142 3
Pages: 524
Edition: 26th
Directory Contacts: 4,400 Companies

Price: $250.00

The only annually-updated international reference book for the asset financing and leasing industry available. The new 26th edition includes the latest market trends, over 100 authoritative articles and reports on the leasing software and IT market, an exclusive ranking of the top 50 leasing markets by size worldwide with feature profiles from Africa to Venezuela PLUS a directory of over 4,400 companies.

To order call +44 (0) 20 7779 8999 or toll free in the US +1 800 437 9997 to receive your 10% discount. You can also order on line at
http://www.euromoney-yearbooks.com

Auto Financing in China: A Market Analysis

DUBLIN, Ireland, -- Research and Markets (http://www.researchandmarkets.com/reports/c15529) has announced the addition of Auto Financing in China: A Market Analysis to their offering.

Auto financing loans are effectively the only way for Chinese consumers to purchase cars, unless they have significant savings or can call on family money. They have been available in China since a pilot auto-financing programme was established by state-owned banks in China in May 1996.

In October 1998, the People's Bank of China (PBOC) authorised the four largest state banks to undertake auto financing: The Industrial and Commercial Bank of China (ICBC), China Construction Bank (CCB), the Agricultural Bank of China (ABC) and the Bank of China (BoC) started schemes. Since 1999 they have been joined by other local commercial banks including the Shanghai Pudong Development Bank. However, under this plan, individual purchasers have to leave the full purchase price of a car on deposit in a bank while paying off the auto loan.

At present only commercial banks in China are allowed to do car financing schemes under strict regulations issued by the central bank of China, the People's Bank of China.

Additional problems remain determining credit worthiness, the inability to fluctuate interest rates for car loans and the lack of ownership certificates.

Following China's entry into the WTO, the market should become more liberalised with additional encouragements for the banks to enter the field as well as the establishment of car manufacturer financing agreements.

Despite this many Chinese consumers still claim that they do not want to enter into auto financing deals and prefer to save their cash until they have enough money to purchase the vehicle outright.

Whether or not a desire for auto financing is growing among consumers in China, it remains highly restricted and regulated. However, as part of the World Trade Organisation (WTO), accords signed in November 1999 foreign auto financing in China is part of the wider trade agreement, meaning that Chinese consumers will potentially be able to utilise similar financing options to those seen in Europe and America at present, that is to say a mixture of financing through banks, car manufacturers and other financial services providers.

WTO will mean that, apart from the Chinese banks already providing auto financing, within five years of ratification both foreign banks and car manufacturer credit institutions will also be allowed to offer auto loans to Chinese consumers.

This report deals with the auto-financing sector in China as it emerges in tandem with growing consumer vehicle ownership and reforms in the financial services market. This report does not cover vehicle leasing but consumer loans to individuals wishing to purchase cars.

For more information visit
http://www.researchandmarkets.com/reports/c15529 Laura Wood Senior Manager Research and Markets press@researchandmarkets.com
Fax: +353 1 4100 980

[headlines]

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

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

News Briefs----

MBS trading activity picks up after March prepayment report
http://www.absnet.net/include/showfreearticle.asp?file=/headlines/1.htm

Gas hits latest high: Could relief be near?
http://www.usatoday.com/money/industries/energy/2005-04-11-gas_x.htm

Falling Fortunes of the Wage Earner
http://www.nytimes.com/2005/04/12/business/12wages.html?

Tyco's Former Finance Chief Skirted Investigators, Witness Says
http://www.nytimes.com/2005/04/12/business/12tyco.html?pagewanted=all

Lawmaker To Nix Century-Old Tax on 'Net
http://www.internetnews.com/bus-news/article.php/3496846

What Songs the President has on his Ipod
http://www.iht.com/articles/2005/04/10/news/letter.html

[headlines]

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

California Nuts Briefs---

Schwarzenegger takes reform agenda on the road to San Diego
http://www.signonsandiego.com/news/state/
20050411-1850-ca-schwarzenegger.html

[headlines]

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

“Gimme that Wine”

Bordeaux 2004: difficult but surprisingly good
http://www.decanter.com/news/62984.html

Napa Grape growers marks 30 years
http://www.napanews.com/templates/index.cfm?template=
story_full&id=2089597F-6046-4EA3-9C91-466F8FE320BB

Pennsylvania now ranks sixth in the nation in the number of wineries
http://msnbc.msn.com/id/7458910/

[headlines]

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

This Day in American History

    1621-Myles Standish, one of the Mayflower Pilgrims, was unanimously chosen military captain of the colony.
http://etext.lib.virginia.edu/users/deetz/Plymouth/standishwill.html
    1631-the first militia was formed by the Court of Assistants of the Massachusetts Bay Colony, Boston, MA, which ordered “ that there shall be a watch of 4 kept(every) night at Dorchester and another of 4 att Waterton, the watches to begin at sunset.”
    1724-birthday of Lyman Hall, Signer of the Declaration of Independence. When the war reached Savannah. Hall's property was burned and he stood accused of high treason. He fled to Charleston, which was also overtaken by the British Born at Wallingford, CT, he died at Burke County, GA, Oct 19, 1790. http://www.ushistory.org/declaration/signers/hall.http://www.lyman-hall.com/ htm
    1776,-the first Declaration to form an independent Union started 225 years ago with a resolution adopted by the Provincial Congress of North Carolina at Halifax, NC, authorizing the delegates from North Carolina to the Continental Congress to vote for a Declaration of Independence. http://memory.loc.gov/ammem/today/apr12.html
    1777-birthday of Henry Clay, statesman, born at Hanover County, VA. Was the Speaker of the House of Representatives and later became the leader of the new Whig party. He was defeated for the presidency three times. Clay died at Washington, DC, June 29, 1852. http://www.henryclay.org/
    1811-the first settlers to reach the Pacific coast left New York City on September 6, 1810, on the S.S. Tonquin, a 290-ton vessel captained by Jonathan Thorn. They rounded Cape Horn on December 25, 1810, landing on April 12, 1811, at Cape Disappointment, WA, a promontory at the mouth of the Columbia River. The enterprise was sponsored by John Jacob Astor.
    1859-the first Billiard match to attain international fame was played in Detroit between Michael Phelan of New York City and John Seereiter of Detroit for the championship of the world and a 415,000 purse. Phelan, known as the “father of billiards,” won the championship by a score of 2,000 against his competitor's 1,904. The best run made by Phelan was 129 points. The game was played on a 6-by-12 four-pocket table with four balls. Pushing and crouching were allowed.
    1861- after months of escalating tension, Major Robert Anderson refused to evacuate Fort Sumter at Charleston, SC. Confederate troops under the command of General PT. Beauregard opened fire on the harbor fort at 4:30 AM ( the first gun was fired by Edmund Ruffin, a 67-year-old Virginian) and continued until Major Anderson surrendered on Apr 13. No lives were lost despite the firing of some 40000 shells in the first major engagement of the American Civil War.
    1861-the same morning, off Charleston, SC, the side-wheeler Harriet Lane fired a shot across the bow of the merchantman steamer Nashville to force it show its colors. The Nashville hoisted a U.S. ensign and was allowed to proceed, even though it was a Confederate ship. The Harriet Lane, 270 feet long with a 22-foot beam, had been built by William Henry Webb in 1857 as a Treasury Department revenue cutter and was transferred to the Navy in 1858. It was named after a niece of President James Buchanan and was the first federal steamer named for a woman. On January 1, 1863, the Harriet Lane was captured by Confederate forces in Galveston Bay, after desperately resisting boarding parties from four rebel ships.
    1867-birthday of Johnny Watson, also known as “Daddy Stovepipe,” Mobile, AL
    1883-Birthday of Imogen Cunningham, pioneer photographer of plants and portraits.
    1892-George C. Blickensderfer of Stanford, CT received a patent for a portable typewriter.
    1892—Jazz clarinetist Johnny Dodds birthday
http://www.redhotjazz.com/jdodds.html
    1900-Joseph Bohomiel(Joe) Lapchick, Basketball Hall of Fame player and coach born at Yonkers, NY. Lapchick played basketball for pay form an early age. In 1923 he joined the original Celtics, one of the greatest pro teams of any era. The Celtics revolutionized the game with Lapchick as the great center. He began coaching at St. John's University in 1937, left for the New York Knicks in 1947, and returned to St. John's in 1957. the Celtics were inducted into the Hall of Fame in 1959, and Lapchick followed as an individual in 1966. Died at New York, NY August 10,1970.
    1908 -- A fire that began in a dump in the Chelsea section of Boston, Massachusetts spread through the community and ignites oil tanks on the Chelsea Creek, eventually rendering 17,000 people homeless.
    1915-birthday of guitarist “Hound Dog” Taylor, Natchez, MS http://www.zicline.com/semaine16/houndog.htm
    1918-singer Helen Forrest born Atlantic City, NJ. http://www.davidmulliss.com.au/HelenForrest/helenforrest.htm
    1926---birthday of Andrew “Blueblood” McMahon, Delhi, LA
    1926-Smith Wildman Brookhart, Republican of Iowa, was ousted by the US Senate of a vote of 45-41. A recount of the votes in the election had proved the winner to be Daniel Frederic Steck,, the Democrat candidate, who served from April 12, 1926 to March 3, 1931.
    1927 - an F5 tornado wiped Rock Springs, Texas "off the map". 235 of the town's 247 buildings were completely destroyed. The tornado was over 1 mile wide when it passed through the town. 74 people were killed.
    1930-birthday of vocalist Bob Lee, Tuscalossa, AL
    1934-the highest-velocity natural wind ever recorded occurred in the morning at the Mount Washington, NH, Observatory. Three weather observers, Wendell Stephenson, Alexander McKenzie and Salvatore Pagliuca, observed and recorded the phenomenon in which gusts reached 231 miles per hour--"the strongest natural wind ever recorded on the earth's surface." The 50th anniversary was observed at the site in 1984, with the three original observers participating in the ceremony
    1934 -- F. Scott Fitzgerald's Tender Is the Night is published, but the novel about rich expatriates is unenthusiastically received during the Great Depression.
http://www.sc.edu/fitzgerald/biography.html
    1939-Woody Herman cuts Woodchopper's Ball.
    1940-pianist/composer Herbie Hancock born Chicago, IL
http://www.herbie-hancock.com/
    1945 – President Franklin D. Roosevelt, 63, on the 83 rd day of his fourth term, dies of a cerebral hemorrhage in Warm Springs, Georgia, with the love of his life with him (no, it wasn't Eleanor); Vice-President Harry S. Truman was sworn in as president the next day.
    1945 -Antlers, Oklahoma was leveled by an F5 tornado. 600 buildings were destroyed and 700 were damaged. 69 people were killed and 353 were injured. This disaster would have commanded national and local attention if it was not overshadowed by the death of President Roosevelt. Even nearby local newspapers had more information on the president than the tornado.
    1947-- David Letterman Birthday, born Indianapolis, Ind. http://www.intac.com/~fredman/letterman/bio.html http://www.cbs.com/latenight/lateshow//
    1950---Top Hits
If I Knew You Were Comin' I'd've Baked a Cake - Eileen Barton
Music, Music, Music - Teresa Brewer
Peter Cottontail - Gene Autry
Long Gone Lonesome Blues - Hank Williams
    1952- Buddy Morrow records “Night Train.”
http://www.buddymorrowproductions.com/
    1955-The Kansas City Athletics, transplanted from Philadelphia, opened their first season in their new home by defeating the Detroit Tigers, 6-2, at Municipal Stadium. The A's finished the year in sixth place with a record of 63-91. They never won a pennant in Kansas City and moved to Oakland after the 1967 season.
    1954 - Bill Haley and His Comets recorded "Rock Around the Clock" for Decca Records on this day. The song was recorded at the Pythian Temple, “a big, barn like building with great echo,” in New York City. "Rock Around the Clock" was formally released a month later. Most rock historians feel the tune, featured in the 1955 film "Blackboard Jungle", ushered in the era of rock 'n' roll. It hit number one on June 29, 1955 and stayed there for eight weeks, remaining on the charts for a total of 24 weeks. The record has now sold over 25,000,000 copies.
    1955- the announcement was made that a polio vaccine developed by American physician Dr. Jonas E. Salk was "safe, potent and effective." Incidence of the dreaded infantile paralysis, or poliomyelitis, declined by 95 percent following introduction of preventive vaccines. The announcement of the discovery of a vaccine against polio, was made on the ten year anniversary of the death of Franklin Delano Roosevelt from complication of the disease, his deteriorating illness kept from the public for perhaps up to two years as others ran the government. With the end of the World War II only months away, the nation and the world were stunned by the "sudden" death of the president shortly into his fourth term of office. Roosevelt, 32nd president of the US ( March 4, 1933 to April 12,1945), was the only president to serve more than two terms--- he was elected to four consecutive terms. He died in Warm Springs, Georgia with the woman he loved present(it was not Eleanor Roosevelt ).
    1958---Top Hits
Tequila - The Champs
He's Got the Whole World (In His Hands) - Laurie London
Book of Love - The Monotones
Oh Lonesome Me - Don Gibson
    1964 - Arnold Palmer won his fourth Masters title and became the first golfer to make career earnings of $506,496
    1966-The Atlanta Braves brought major league baseball to the South but lost their regular season opener, 3-2, to the Pittsburgh Pirates in 12 innings. The Braves finished the season in fifth place with a record of 85-77. They won the first division pennant in 1969.
    1966---Top Hits
The Ballad of the Green Berets - SSgt Barry Sadler
(You're My) Soul and Inspiration - The Righteous Brothers
Daydream - The Lovin' Spoonful
I Want to Go with You - Eddy Arnold
    1966 -- Jan Berry, who I went to University High School in Los Angeles, half of the hit making surf-rock vocal duo Jan & Dean, runs his Corvette into an parked truck on L.A.'s Whittier Boulevard. Berry suffers total physical paralysis for over a year as well as extensive brain damage which makes it nearly impossible to return to performing. They do give it a try in 1973 but are not well received. He was never the same as before the accident.
    1974---Top Hits
Sunshine on My Shoulders - John Denver
Hooked on a Feeling - Blue Swede
Bennie & The Jets - Elton John
A Very Special Love Song - Charlie Rich
    1981-First flight of shuttle Columbia . Two astronauts (John Young and Robert Crippen), on first manned US space mission since Apollo-Soyuz in July 1976, spent 54 hours in space (36 orbits of Earth) before landing at Edwards Air Force Base, CA, Apr 14.
    1982---Top Hits
I Love Rock 'N Roll - Joan Jett & The Blackhearts
We Got the Beat - Go-Go's
Make a Move on Me - Olivia Newton-John
Big City - Merle Haggard
    1985-The first US Senator to fly in space was Jake Garn, Republican Senator for Utah, who joined the crew of Space Shuttle Discovery as a “congressional observer” when the shuttle lifted off from Cape Canaveral, FL, on April 12, 1985. A former Navy pilot, Garn had taken several months of astronaut training. Another senator, John Herschel Glenn, Jr., of Ohio, was an astronaut in the 1960's, before he entered politics.
    1985 - Key West, Florida set a new record for April rainfall in a 24 hour period as 6.06 inches of rain were recorded, eclipsing the previous record of 6.04 inches which fell on April 29, 1941. In addition, the heavy rainfall shattered the old record for this date set back in 1931 when 1.49 inches of rain fell.
    1987-“21 Jump Street” premiers on TV. Youthful big city cops busted crime in the local schools and colleges in this Fox police drama. Starred Johnny Depp as Tom Hanson, Holly Robinson Peete as Judy Hoffs, Dustin Nguyen as H.T. Ioki, Peter DeLuise as Doug Penhall, Frederic Forrest as Captain Jenko, Steven Williams as Captain Adam Fuller and Richard Grieco as Dennis Booker. It was one of the Fox network's early hits.
    1987 - Larry Mize, 28, hit a miracle shot -- a 140-foot chip -- to win the Masters golf title in Augusta, GA. Mize defeated Greg Norman and Severiano Ballesteros in a playoff.
    1990---Top Hits
Love Will Lead You Back - Taylor Dayne
I'll Be Your Everything - Tommy Page
All Around the World - Lisa Stansfield
Hard Rock Bottom of Your Heart - Randy Travis
    1996-The Detroit Red Wings set a National Hockey League record by winning their 61 st regular season game, 5-3, over the Chicago Blackhawks. The previous record was held by the 1976-77 Montreal Canadiens. Detroit finished the season with 62 wins, 13 losses and 7 ties.
    1996 - Duluth, Minnesota recorded 1.7 inches of snow on this day to raise its seasonal snowfall total to 132.8 inches -- its snowiest winter on record. The old record was 131.6 inches set back in 1949-50.

NBA Finals Champions This Date

    1954-Minneapllis Lakers
    1958—St. Louis Hawks

[headlines]

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

Baseball Poem (opening season)

Song of Myself (an excerpt)

by Walt Whitman

I celebrate myself,
And what I assume you shall assume,
For every atom belonging to me as good belongs to you.
I loafe and invite my soul,
I lean and loafe at my ease observing a spear of summer grass.

My tongue, every atom of my blood, formed from this soil, this air,
Born here of parents born here from parents the same, and their parents the same,
I, now thirty seven years old in perfect health begin,
Hoping to cease not till death.

Creeds and schools in abeyance,
Retiring back a while sufficed at what they are, but never forgotten,
I harbor for good or bad, I permit to speak at every hazard,
Nature without check with original energy.

[headlines]

Leasing News
Leasing News
Leasing News mailing list

www.leasingnews.org
Leasing News, Inc.
Saratoga, California
408.374.0551 - Fax

kitmenkin@leasingnews.org
Leasing News Policy Statement
Leasing News Editorial Staff
Mission Statment

Leasing News Virus Info Center
Leasing News