Headlines--- CapitalSource
is IPO of the week UAEL
Metro New York Region August 11 Lunch GE to
Acquire Transamerica's Commercial Finance Biz Capital
Stream to Let Offer for IDS Lapse IDS Inventory
Tracking Solution Now More Robust Allegiant
Partners selects McCue Systems' LeasePak John
Allman Joins Central Leasing Corporation Industry
Veterans Launch Unique Vehicle Leasing Enterprise Does
Your Equipment Leasing Network Include... This Border ##### Denotes Press Release (Not Written By Leasing
News) ------------------------------------------------------------------------------------------
Classified Ads--- Yes, we have them
at: http://65.209.205.32/LeasingNews/JobPosting.htm Here are other places to go for “jobs” or to place you ad, some are free: www.adams-inc.com Take this lady’s advice: For those on a job
search, here are tips: I was recently let
go by Old Kent Leasing in Chicago after Old Kent Financial Corporation
was acquired by Fifth Third Bank. The leasing division was dissolved
and all of us were out of a job. I can tell you that
nearly all of the employees including myself found their new positions
by Networking. I did not find my position through a recruiting firm,
Internet, or local classifieds. While I am no longer
a lessor, I am still in touch with all the lessors because I now need
them for funding. You would be surprised at just h many people you know
in the industry when the word gets out that your business has closed. Our country is going
though a very tough time economically and emotionally in light of the
recent tragedy. Realizing that the last thing people need now is to
be unemployed on top of all this, don't let it make you feel you need
to drop out of society. There are jobs for
leasing professionals out there, they just may not be with a leasing
company. Hang in there. up-date
So for
anyone who is looking for a position in this industry the key is networking,
networking, networking. Susan M.
Adamatis
------------------------------------------------------------------------------------------------------ Virus Alert The IT manager at our law firm sent out the following message.
Thought you might be interested.
Thanks, "A new virus has been created that comes in as an attachment
in a zip format. Because it is archived it can get through anti virus
software. This email states that your email account has We are now blocking all zip files. If you need to send us
a zip file please let us know in advance." Mike McPherson WESTPORT LEASING CORPORATION Vancouver, B.C. CANADA mikemc@westportleasing.com Phone: (604) 681-1260
or 1-800-667-0747 Fax: (604) 681-1680
or 1-800-667-4426 (Thank you. I received
several of this e-mails, that read there were from admin@leasingnews.org : “Hello there, “I would like to inform you about important information regarding
your email address. This email address will be expiring. Please read attachment for details. --- “Best regards, Administrator fmefaeoa” I didn’t open up the attachment. #1—I never open any attachment without verifying who it is
(period.) #2—I am the mail administrator for Leasing News. I actually
am the ISP who takes care of the mail server for Leasing News
here. #3—I am told this virus only affects Microsoft Outlook.
I use a Unix based mail
program. #4—I have received over a dozen of these, to date, leading
me to believe it is invading the leasing industry circuit, and
to receive so many, is another “red flag.” #4—This worm I am told invades your mail program and replicates itself, sending to all on your mailing list. ______________________________________________________________________ VC Funds Raise $1.6B in Q2 http://www.nvca.org/pdf/FundraisingQ2_2003.pdf CapitalSource is
IPO of the week http://www.marketwatch.com/news/yhoo/story.asp?source=blq/yhoo&siteid=yhoo& dist=yhoo&guid=%7BE60147F2%2DBC20%2D407D%2D9334%2DFE4FDE2F2A32%7D ------------------------------------------------------------------------------------------------------------ **** announcement ****************************************** UAEL Metro New York Region August 11 Lunch United Association
of Equipment Leasing Roundtable Lunch Date: Monday, August 11, 2003 Time: 12:30PM - 2:00PM Location: Baang Café & Bar at Woodbury Commons 8285 Jericho Turnpike Woodbury, NY 11797 (516) 692-0809 http://www.decarorestaurantgroup.com/index_baang2.html Join us for an enjoyable & educational lunch of networking
with brokers, lessors, service providers & funding source representatives.
This highly regarded restaurant is located on Long Island
and has received "excellent" reviews from The New York Times.
This is a "no host" lunch, so bring your appetite for food
and networking. Please register on-line at www.uael.org by Monday August
4th Please contact Omar Diaz @ (866) 847-7301 (o_man_11550@yahoo.com)
or John Donohue @ (603) 433-9406 (jdonohue@directcapital.com)
with any questions. The UAEL looks forward to seeing you there! [Headlines] **** announcement ************************************************* ----------------------------------------------------------------------------------------------- “It’s Leadership”---Reaction As a charter member of the National Association of Equipment
Leasing Brokers, past officer and the longest serving member of the
board of directors I experienced first hand these changes and the work
that had to be done to create a strong, expanding and worthwhile organization.
The NAELB started with nothing and with being told NO several times by some of the current directors and
officers on joining. we did not give up. This was a team effort form the President on down to see that this organization was for the brokers by
the brokers. As to comments on other associations, the olive branch was
extended to others to work together, pool resources and strive to make
our industry better. Some responded
with their own agenda and turned us down flat as is the case with the now defunct Ray Williams. All the associations now have to careful of who is joining
and why. If the need for numbers is surmount for success the general
quality of the association will suffer.
Many times individuals were allowed to join that had prison records, been
involved in fraud, misappropriations of funds, identity theft and other items that would seem inappropriate
for membership. Also, the ones who join just to get to us.
Get our mailing list, our fax numbers to solicit our business, to get brokers to send business
to brokers (some disguised as funding sources) Yes, the Leasing Industry has changed but as it were when
I was growing up, if it were not for my Grandmothers automobile, I would never
have learned to drive. Thanks for the forum, Kit. Bo Bohannon leasecap@bellsouth.net Lease Capital, Inc. -- I have read your association piece and I have enjoyed the
responses. Please allow me to
advance my comments and voice my opinion. First of all I would characterize your comments on the UAEL
"having it all" as somewhat misplaced. Without reopening old wounds I will simply say that what UAEL had
during that era was merely a façade.
The dismantling of that façade began with Jim Lahti, continued
with George Davis and simply ended with me.
As far as your characterization of certain members who have left
the UAEL and now actively work for other associations I think they may
fall into the categories that were described by Jeffrey Taylor. Many of these members simply find themselves being left behind by
the industry. The "perfect
storm" has claimed a lot of victims.
Many of them have been "swamped" by the technology
wave and other changes in the industry that undermine what little competitive
edge they thought they had. Now
many of these people find themselves trapped in an industry that they
can't leave because that technology wave has created barriers to entry
in many industries. Instead of bowing out gracefully they will choose
to swim against the current until they sink beneath the waves of the
perfect storm for the final time. Ironically enough, I recall a conversation that took place
between me and a prominent UAEL member more than 10 years ago. It was a very successful fall conference and
this individual looked out over the room and said, "Bob, the funny
thing is that half of these people are out of business and just don't
know it yet". That was sage
advice from a very experienced and respected member of that organization. That observation proved to be very astute. I would also comment on the "run up" in membership
that was experienced by associations in the mid nineties. Many of us knew that new entrants to the industry
were not there because of their commitment to the industry. They were attracted by wide open credit windows
and the volume driven philosophy that was meant to produce quick profits
and leverage the cheap money of securitization. These companies were never serious players.
Many of them were members one year and gone the next year but,
Jeff Taylor was right again when he observed that all of the association
leadership was enamored with the money that these companies were willing
to throw around and spend. President LeaseNOW, Inc. drlease@leasenow.com www.leasenow.com 1-800-321-LEASE (5327) x101 --- To Jeffrey Taylor... I guess from your comments since associations are unnecessary
that we won't be seeing you anymore at any of the meetings. Best wishes
in your career. Sincerely, Deborah J. Monosson President BOSTON FINANCIAL & EQUITY CORPORATION 20 Overland Street Boston MA 02215 617-267-2900 Tel 617-437-7601 -- To the Editor: "[Is the purpose of leasing associations] to promote
education? Nothing of importance is happening." So Jeffrey Taylor would have us believe. Let's face it: This is not the first time Mr.
Taylor has chosen to disingenuously knock those he perceives as competitors.
I have been attending meetings and conferences of the Eastern
Association of Equipment Lessors for almost twenty years, and those
of the National Association of Equipment Lease Brokers for about half
that time. In addition to all
the benefits that have been spoken to by others in yesterday's Leasing
News, I have learned things of value at every event. Those who have
been educated in the field, both professional trainers and successful
practitioners, pass along the benefits of their experience.
Of course Mr. Taylor, who claims to know everything about
selling leases (after all, he learned it in the best of books), tells
us not to maintain these memberships. His case against the associations
is as convoluted as was his vitriolic railing against a fellow sales
trainer several months ago. I am convinced that his only sales technique
is the pathetically obvious slamming of the competition. "The economy is not sinking. It's just uneven. Some
of us are doing well, while others are not." Apparently things
have turned around since the recent publication of Mr. Taylor's book,
"Selling Leases in a Tough Economy." Not satisfied with his dismissal of the value of the associations,
Mr. Taylor tries to impugn the character of the people who volunteer
their time and energy: "[The associations] cannot treat all members
equally. If you are in a death boat and sinking quickly you do not have
the time to think about everyone on the life boat. People who are dying
focus their efforts on those they need to help them make it back to
shore. And, that may not be you. Unfortunately,
they do not tell the "losers" that they are no longer wanted.
In fact, it is human nature to "use" losers and then discard
them. Heartless, but real." Executive
caliber, coherent thinking at its best. Strong letter to follow. Barry Reitman baldguy@keystoneleasing.com KEYSTONE EQUIPMENT LEASING, INC. (Disclosure: I am proud to state that I am a Board Member
of the EAEL, and an active member of the NAELB.) --- (Jeffrey Taylor, CLP, CPA, is a well-known, well-respected, trainer, lecturer, author, and has a daily newsletter that reaches 15,000 readers in
the world---he has a following in other countries. To learn more about him, here is a recent announcement regarding his book, “Selling Leasing in a Tough Economy,” and current sales training workshops: http://two.leasingnews.org/temporary/taylor.htm He also is very active in Alcohol Anonymous, publishing a
newsletter, and helping many people. If you missed the Leasing News six-month report on Leasing
Association membership with its controversy, please go to: http://www.leasingnews.org/Conscious-Top%20Stories/Leadership.htm Cartoon---
http://two.leasingnews.org/cartoons/BEAVER.jpg ----------------------------------------------------------------------------------------------- ### Press Release ############################################ GE Commercial Finance Agrees to Acquire Most of Transamerica's
Commercial Finance Business --Strategic Fit of Products and Services --Expands GE's Distribution Finance Platform --Enhances Key GE Commercial Finance Segments GE Commercial Finance, the business-to-business financial
services unit of the General Electric Company (NYSE: GE), announced
today it has agreed to acquire most of Transamerica's commercial finance
business. The transaction will add approximately $8.5 billion in managed
assets to GE Commercial Finance's $200 billion asset portfolio. GE Commercial Finance will acquire Transamerica units that
provide distribution financing for manufacturers and dealers of industrial,
consumer and recreational products as well as leasing and commercial
loan financing for a wide range of sectors, including equipment, real
estate and international structured finance. The units have approximately
1,700 employees and serve customers primarily in North America and Europe. Under terms of the agreement, Transamerica's parent, Aegon
N.V. (NYSE: AEG),will receive cash proceeds of approximately $5.4 billion,
including a premium on managed assets of $0.3 billion. GE will assume trade liabilities
and third-party debt of $0.9 billion and a securitized portfolio of
$2.5 billion. "Transamerica has long been a respected participant
in the commercial financing arena," said Mike Neal, president and
CEO of GE Commercial Finance. "We look forward to integrating into our business its
strong customer relationships, experienced employees and reputation
for excellence. This is a meaningful complement to GE Commercial Finance
that will facilitate growth in several important industry segments." GE Commercial Finance offers businesses of all sizes an array
of financial services and products worldwide. With approximately $200
billion in assets and an expertise in the mid-market segment, GE Commercial Finance
provides loans, operating leases, financing programs and innovative
structured capital to help customers grow. A unit of the General Electric Company, GE
Commercial Finance is headquartered in Stamford, Connecticut, USA. GE
is a diversified services, technology and manufacturing company with operations worldwide. The transaction, which is subject to customary conditions
and receipt of regulatory approvals, is expected to close by the end
of the year. Closing is also subject to the amendment or waiver of certain
provisions of Transamerica Finance Corporation's debt indentures by the required percentage
of Transamerica 's outstanding public debt holders. Caution Concerning Forward Looking Statements: This document
includes certain "forward-looking statements" within the meaning
of the Private Securities Litigation Reform Act of 1995. These statements
are based on management's current expectations and are subject to uncertainty
and changes in circumstances. Actual results may differ materially from
these expectations due to changes in global political, economic, business, competitive,
market and regulatory factors. More information about those factors
is contained in GE's filings with the Securities and Exchange Commission. CONTACT: Rich Wacker Phone Number: (203) 373-2468
#### Press Release ########################################
Capital Stream to Let Offer for IDS Lapse Latest London Stock Exchange Notice: IDS Group plc 6 August 2003 Increased cash offer by Capital Stream Minnesota, Inc. a wholly owned subsidiary of Capital Stream, Inc. and (outside the United States) by Deloitte & Touche Corporate Finance on its behalf for IDS Group plc Intention to lapse the Offer The board of Capital Stream, Inc (“Capital Stream”) notes
the announcement made by Twins Acquisition, Inc (“Twins Acquisition”) on 5 August 2003 with regard of the
Twins Acquisition offer being declared unconditional in all respects. Accordingly, the Capital Stream offer (the “Offer”) will
not be extended beyond the 11 August 2003 (being the next closing date of the Offer) and will lapse. Unless the context otherwise requires, defined terms used
in this announcement shall have the meanings given to them in the Offer Document. Enquiries: Capital Stream / Capital Stream Minnesota: Kevin Riegelsberger Tel: 001 206 548 1651 (President and Chief Executive Officer) Deloitte & Touche Corporate Finance: Roger Esler (Partner) Tel: 0113 243 9021 Simon Houldsworth (Director) ( Robert Baird continues for IDS Group and it appears the
managing group will now be the “owners” of IDS in the United States. ) #### Press Release ############################################ International Decision Systems¹ Inventory Tracking Solution Now More Robust MINNEAPOLIS, Minn., USA, International Decision Systems Inc. (IDS) announced today the addition of an asset income
and expense tracking function to its
comprehensive InfoLease inventory management solution. InfoLease is the world¹s premier lease/loan portfolio
and asset management system. The new Inventory Recovery & Expense Tracking Module
enables equipment financing companies to leverage IDS¹ total inventory management
solution to monitor income and expense items associated with assets while
they are in inventory. Examples include: · Costs related to
refurbishing or reconditioning equipment for resale · Money received from
the sale of an asset while it was in inventory · Charges associated
with assets being repossessed. In turn, companies can track recoveries or cash received from the sale of that
repossessed asset. ³Keeping on top of
inventory gains and losses is critical for lessors to determine the value of their asset investments,² says IDS
product marketing manager Tom Dawson. ³The data supplied by our inventory management
solution helps companies better price leases and residuals.² Today¹s lackluster economy also adds to the industry¹s need
for inventory tracking capabilities. ³Lessors¹ inventories continue to
grow, resulting in even more assets to keep track of,² Dawson adds. ³IDS is
responding to the market demand with our total inventory management solution,
which is now even more robust with the Inventory Recovery & Expense
Tracking Module.² For more information about the IDS inventory management solution,
or to arrange for a demonstration, call IDS Marketing Director
Deb Marshall at 612-851-3438 or visit www.idsgrp.com. About International Decision Systems International Decision Systems (IDS) is the global leader
in developing lease/loan accounting and portfolio management software and
services. With offices in the United Kingdom; Minneapolis, MN; Sydney, Australia
and Singapore, IDS offers the largest and most experienced global
consulting, implementation and technical support teams in the leasing
industry. InfoLease, the world¹s premier lease/loan portfolio and asset
management system, comprises the foundation of IDS¹ product line. With
a web-enabled front-end and more than 70 custom add-on solutions, InfoLease
is the most adaptable and scalable lease/loan technology available in
today¹s marketplace. IDS¹ parent company, IDS Group plc, is publicly traded on
the London Stock Exchange (IDGL). For additional information about International
Decision Systems and IDS Group plc, visit www.idsgrp.com <http://www.idsgrp.com/>
. IDS and InfoLease are registered trademarks of International
Decision Systems. ### Press Release ########################################## Allegiant Partners selects McCue Systems' LeasePak to
increase productivity with broker and leasing company clients BURLINGAME, CA, 8/5/2003-- McCue Systems Inc. announces that
Allegiant Partners Incorporated has selected LeasePak Bronze Edition
as its enterprise lease and loan management system. "We selected LeasePak on the basis of the superior capabilities
the system will provide our business through its integrated front and
back-office," states Ben Carlile, recently-appointed President of Allegiant
Partners. "We know that LeasePak has been tested and proven in production
by some of the largest lessors in the equipment leasing industry,"
Carlile adds, "but what really appeals to us is the control and efficiency we will
gain in managing our incoming transaction flow. We emphasize our front-end
performance in building our relationships with top tier brokers and leasing
companies. We measure our service level to brokers in five key areas and
LeasePak will help us improve in each of them." Allegiant Partners' CEO Chris Enbom, added, "We are
particularly pleased to be kicking off our relationship with McCue Systems with the
newest LeasePak 5.0 release. Its new productivity tools and integrated credit
bureau access functionality are particularly important to us. McCue has
proved that they are good at continuously improving their software in meaningful
ways. We think our broker and leasing company clients will see a large
difference in our response time as we begin to use this system." "We are delighted to welcome Allegiant Partners to our
customer community," says John McCue, CEO and founder of McCue Systems. "We
are confident that Allegiant Partners has made the right system selection for
continued growth. They have performed brilliantly in the face of challenging
market conditions; we now welcome the opportunity to work with them
as they continue to expand their business." "Allegiant Partners is one of the most innovative competitors
in its market space," adds McCue Systems Senior Account Manager Peter
Violich. "It made good sense for them to choose a product through which they
can improve their responsiveness to new market opportunities, make further
advances in productivity, and easily extract the business data they need
to fine-tune their strategy and manage their risk. LeasePak will perform
extremely well for them in all of these areas." The Allegiant Partners' LeasePak Bronze Edition installation
will mark the first use of the Linux operating system with LeasePak in
real-time production. The implementation will commence in August 2003,
with a go-live date scheduled for early October 2003. About Allegiant Partners Inc. Allegiant Partners, based in San Rafael, California, is a
direct funding source for brokers and other leasing companies with an emphasis
on commercial leases and loans from $30K to $250K. Larger lease
transactions over $250k may be syndicated. Allegiant Capital, a subsidiary
of Allegiant Partners, has established a network of strategic referral
sources for originating, funding and investing in structured opportunities. For more information concerning Allegiant Partners or Allegiant
Capital, please call Doug Houlahan at (415) 257-4200, extension 205,
or visit www.allegiant-partners.com. About McCue Systems Inc. With over 30 years experience in developing business solutions
for the leasing industry, McCue Systems Inc. is the leading provider
of lease/ loan portfolio management software for banks, leasing companies,
and manufacturers. Its flagship product, LeasePak(r), streamlines
lease/loan administration and asset management for the leasing enterprises
of banks, independent leasing companies, and manufacturers. Leveraging the relational database systems from Oracle and
Sybase, LeasePak provides a strategic management and lease/loan portfolio
accounting, documentation, and asset management solution. With its unequalled power to deliver strategic information, LeasePak provides managers
with the tools to transform portfolio data (customer information, asset data,
and financials) into business intelligence, giving them the decision support
they need to strengthen CRM, measure performance, and assess strategy
throughout the leasing enterprise. By harnessing the most advanced technology - including the
latest Linux operating system - McCue Systems offers the LeasePak Bronze,
Silver, and Gold Editions for systems and portfolios of virtually all
sizes and complexities. LeasePak can be configured to run on the HP-UX,
SUN/Solaris, and Linux platforms. The leasing experts at McCue Systems work closely with lessors
to improve their lease operations and enhance customer retention at
every stage of the lease lifecycle. See www.mccue.com for more information about
LeasePak and McCue Systems' consulting and technology services. Contact
info@mccue.com or call 888-730-2527. ### Press Release ############################################# John Allman Joins Central Leasing Corporation Birmingham, Ala., - John Allman, a longtime veteran of the
local financial industry, has joined Central Leasing Corporation as
a senior leasing officer, according to an announcement by Doug Mills,
president of the Birmingham-based company. "John brings a wealth of experience in all facets of
the financial industry," Mills said. "We know that his experience
and dedication will make him an asset to our company and our clients."
Allman most recently served for four years as vice president
of Technology Integration Financial Services. Prior to that, he served
in the same position at First Commerce Leasing from 1995 to 1998. Allman
began his career in the banking industry, and worked in various capacities
at AmSouth Bank, Metro Bank and SouthTrust Bank for 25 years. A graduate of Hueytown High School and Auburn University,
Allman also holds a graduate banking degree from the Graduate School
of Banking of the South at Louisiana State University. Central Leasing Corporation is a business-to-business leasing
firm that finances all types of commercial equipment, allowing its customers
to improve efficiency by making state-of-the-art equipment immediately
affordable. Based in Birmingham, Ala., the company serves customers
across the Southeastern United States and specializes in leasing industrial
and construction products; computer, communications, and medical equipment;
office products; and vehicles. For more information, call Central Leasing
at (205) 979-8844 or visit www.centralleasing.com. ### Press Release ############################################# Industry Veterans Launch Unique Vehicle Leasing Enterprise Birmingham, Ala.,- Three veterans of the leasing industry
have joined to launch Central Fleet Leasing, a new company that specializes
in leasing vehicles to commercial clients. The new company leases vehicles
of all types solely for business use, ranging from fleets of two or
three cars to several hundred. It focuses on light- to medium-duty trucks
and corporate vehicles, but can handle leases for any type of vehicle,
including tractors and trailers. In its first month of business, Central
Fleet Leasing has already leased more than 60 vehicles to companies
in the Southeast for commercial use. The company's founders include Doug Mills, president of Central
Leasing Corporation; Shawn Lowe, founder and former president of CapitalPartners
Leasing, Inc., and senior business development officer of Central Leasing
Corporation; and Sandy Roden, owner of LeaseLinc and 20-year veteran
of the vehicle leasing industry. The new company shares offices with
and operates as a division of Central Leasing Corporation, a successful
commercial leasing company with 15 years of experience. Clients of Central Fleet Leasing rely on the company for
its: *Convenience. Clients simply describe the type of vehicles
they need and Central Fleet Leasing takes over from there, locating
the exact vehicles, structuring the lease, and delivering the vehicles,
without clients ever leaving their offices. *Quick Turnaround. Central Fleet Leasing prides itself on
delivering requested vehicles to clients in record time, usually within
24 hours. *Custom Leasing. Every lease is structured individually,
designed to meet the company's specific needs for miles, length of lease,
and other requirements. Central Fleet Leasing is a division of Central Leasing Corporation,
a business-to-business leasing firm that finances all types of commercial
equipment, allowing its customers to improve efficiency by making state-of-the-art
equipment immediately affordable. Based in Birmingham, Ala., the company
serves customers across the Southeastern United States and specializes
in leasing industrial and construction products; computer, communications,
and medical equipment; office products; and vehicles. For more information,
call Central Leasing at (205) 979-8844 or visit www.centralleasing.com.
CONTACT: Shawn Lowe Central Leasing Corporation Phone Number: (205) 979-8844 E-mail: slowe@centralleasing.com ### Press Release ############################################## **** announcement ***************************************** Does Your Equipment Leasing Network Include... ACC Capital Corporation
- Funding Source/Investor - We're Buying Lowder, Loni - President/CEO Advantage Equipment
Leasing LLC - Funding Source/Investor - We're Selling Archibald, Patrick
- Managing Member Allegiant Partners
Incorporated - Funding Source/Investor - We're Buying &
Selling Steindorf, John -
Managing Director Allied Resource Corp
- Service Provider Gum, Maria - VP Flinchbaugh, Michael
- Finance Mgr. American Lease Insurance
- Service Provider Dinkelaker, Steve
- President Balboa Capital -Funding
Source/Investor - We're Selling Chiurazzi, Dave -
Chief Financial Officer Bank of America Leasing
& Cap... - Funding Source/Investor - We're Buying &
Selling Pearce, Ronnie -
Senior Vice President Axelrod, Warren -
Vice President Blackstone Capital
Partners, L.P. - Funding Source/Investor - We're Buying &
Selling Kepp, Kevin - Partner Caterpillar Financial
Ser.. -Funding Source/Investor - We're Buying & Selling Gilbreath, Tim -
Corporate Credit Manager CIT Technology Finance
- Funding Source/Investor - We're Buying D'Ingianni III, Vincente
- Market Director Collateral Specialists
Inc. - Service Provider Jennings, James L.
- President Schnable, Ray - Est
Division Manager Commonwealth Capital
Corp. - Funding Source/Investor - We're Buying Abbott, Henry - Senior
Vice President DaimlerChrysler Services, Structured Finance
Group - Funding Source/Investor - We're Buying & Selling Conroy, Timothy F.
- Managing Director Dave Lakes &
Associates, Inc. - Service Provider Lakes, David - President De Lage Landen Financial
Ser... - Funding Source/Investor - We're Selling Alder, G. Kimberly
- VP Capital Markets Diamond Lease (USA),
Inc. - Funding Source/Investor - We're Buying Mandell, Arthur -
Senior Vice President Energy & Resource
Consulting Group - Service Provider Movish, Philip J.
- Executive Consultant ePlus Group Inc.
- Funding Source/Investor - We're Buying & Selling Fox, George - Vice
President Howard, Tom - Vice
President Equilease Financial
Services Inc. - Service Provider Silverhardt, Gary
CEO & President Minsky, Geoff - Director
of Syndication Equity Technologies
Corporation - Service Provider Anderson-Giles, Cathy
- President & CEO Stanley, Robert D. - VP Bus. Dev. FairView Advisors,
LLC - Service Provider Wajnert, Tom - Managing
Director Sherman, Steve -
Managing Director GATX Technology -
Funding Source/Investor - We're Buying Cardew, David - VP, Bus. Dev. GlobalTech Portfolio
Services - Service Provider Zeppenfeld, Alan
J. - VP Bus. Dev. GMAC Commercial Finance
LLC - Funding Source/Investor - We're Buying & Selling Ducray, Douglas G.
- VP Syndication Helm Financial Corporation
- Funding Source/Investor - We're Buying & Selling Dains, John F. -
President HTLF Capital Corp
- Funding Source/Investor - We're Buying & Selling Hark, Michael - President IOS Capital, LLC
- Funding Source/Investor - We're Selling Crawford, Brad -
Syndication Manager Joyce, Jack - Vice
President Kislak National Bank
-Funding Source/Investor - We're
Buying Beauchamp, Denise
- SVP Liquidity Services
Inc - Service Provider Haroon. Asad - VP
- Mktg & Dev. Lombard US Equipment
Finance... - Funding Source/Investor - We're Buying &
Selling Boulden, Laird -
President Coyle, Jennifer - Sr. Vice President Merrill Lynch Capital
- Funding Source/Investor - We're Buying & Selling Butterbach Jody -
Vice President Settano, John P.
- Director, Syndications MicroBilt Corporation
- Service Provider Garretson, Mike -
SVP & GM Garrity, Bill - VP
of Sales North American Funding
Corp. - Funding Source/Investor - We're Buying & Selling Eichner, Dick - CFO ORIX Financial Services,
Inc. - Funding Source/Investor - We're Buying Merkle, Robert w.
- SVP-Port. Acquisions Stecher, Steven M.
- SVP-CIO ORIX Public Finance
LLC -Funding Source/Investor - We're Buying & Selling Neptune, Robert C.
- President Sharp, Jeff - Senior
Vice President Phoenix American
Financial... - Service Provider Divver, Neal - VP,
CFO, COO Portfolio Financial
Servicing Company - Service Provider Hudspeth, Jerry T.
- President & CEO RVI Group - Service
Provider O'Bryan, John - Vice
President Siemens Financial
Services, Inc. - Funding Source/Investor - We're Buying Johnston, Richard
- Vice President Rabuazzo, Sandy -
Vice President Stevens & Lee,
PC - Service Provider Stern Fleming, Beth
- Partner SunTrust Leasing
Corporation - Funding Source/Investor - We're Buying & Selling Beville, John - SVP Henning, Kurt M.
- Vice President Tax Partners LLC
- Service Provider Musselwhite, Jim
- Mkt. & Alliance Mgr Transamerica Equipment
Financial Service - Funding Source/Investor -
We're Buying & Selling Kochan, Donald J.
- SVP UPS Capital Corp
- Funding Source/Investor - We're Buying & Selling Salvatore, Guy VP
- Capital Markets Vision Commerce,
Inc. - Service Provider Hall, M. Kirk - Chief
Technology Officer Lundergan, Steve
- President Vision Financial
Group Inc. - Funding Source/Investor - We're Buying & Selling Summers, Fred - CEO Greer, Larry - CAO Wells Fargo Equipment
Finance, Inc. - Funding Source/Investor - We're Buying &
Selling Fantauzzi, Joseph
- SVP Wells Fargo Financial
Resources - Funding Source/Investor - We're Buying Dunlap, Alexander
- Vice President Willis, Inc. - Service
Provider Simone, Anjanette
- VP - Sales Mgt. The Lessors Network Annual Conference | Update August 25-26 | Atlanta,
GA | The Ritz-Carlton, Buckhead ________________________________________________________________________ Login to – http://www.lessors.com or go here to read
more about the conference of the year, August 25-26: http://www.leasingnews.org/archives/July%202003/7-31-03.htm#the **** announcement ****************************************** ________________________________________________________________________ News Briefs--- New U.S. municipal issuance in the first half of 2003
totaled $199 billion, a http://biz.yahoo.com/bw/030805/55380_1.html In Most of the U.S., a House Is a Home but Not a Bonanza http://www.nytimes.com/pages/business/index.html Linux OK'd for use on sensitive computers http://www.signonsandiego.com/news/business/index.html Cisco profit rises in fiscal fourth quarter, but revenues
slip http://www.bayarea.com/mld/mercurynews/business/6464131.htm 100 Degrees in Britain http://www.thesun.co.uk/article/0,,2-2003360207,00.html This Day in American History 1727-
the first Roman Catholic convent in America is occupied by the Ursaline
nuns in New Orleans. The convent/school is still occupied today although
rebuilt several times and much enlarged. 1774- English
religious leader Ann Lee (1736-1784) and a small band of followers first
arrived in America. Her sect called itself the United Society of Believers
in Christ's Second Coming, but to the rest of the world her followers
came to be known as the "Shakers."
http://www.cr.nps.gov/nr/travel/pwwmh/ny16.htm 1777-Birthday of Mary Brant, a Mohawk, had nine children with the British superintendent
of Indian Affairs. She managed his household and was his hostess for
almost 25 years until his death in 1774. She then retired to upper New
York state and was a loyalist during the American revolution. She supplied
intelligence and ammunition for the British in the battle of Oriskany,
August 6, 1777. Brant and her brother who was a warrior leader of the
Iroquois were instrumental in aligning the entire Iroquois nation on
the side of the British in the American revolution. Following the defeat
of the British, she joined other refugees in Kingston, Ontario.
Several hundred thousand loyalists left, many going back to Great Britain, others to Canada. http://www.africanpubs.com/nativepubs/Apps/bios/0027BrantMary.asp August 6- September
10,1787: the Constitutional Convention engaged in the “Great Debate”
over the draft constitution, during which it determined that Congress
should have the right to regulate foreign trade and interstate commerce,
established a four-year term of office for the president and appointed
a five-man committee to prepare a final draft of the Constitution. 1801-
The Great Religious Revival of the American West began at a Presbyterian
camp meeting in Cane Ridge, Kentucky. http://www.spiritjournals.org/revivalfire/Revivals/caneridgerevival.htm http://www.sendrevival.com/history/caneridge/old_cane_ridge_meeting_house.htm http://www.uky.edu/KentuckyAtlas/ky-cane-ridge.html 1815-With the end of the Napoleonic
wars in Europe, and laws about bringing “slaves” into the United States as “free labor,”
immigration to the U.S. increased to new levels as work was to be had.
Between 1815 and 1860, 5,000,000 persons came to the U.S. Over half
of the immigrants came from the British Isles, mostly from Ireland.
The next largest contingent arrived from Germany, 1,500,000, not counting
German-speaking French citizens from Alsace and Lorraine.
More than half the German immigrants settled in the upper Mississippi
and Ohio river valleys. They
brought new techniques and craftsmanship. For instance, Ohio glassware
was a superior type of glassware manufactured from 1815 to 1850.
The designation “Ohio” was generally applied both to the blown
and molded glass produced in the Ohio River Valley region. Three of
the leading manufacturers of this glassware were located in Mantua,
Kent, and Zanesville, all cities of Ohio. The designation “Ohio” was
also used to identify glass factories in the neighboring regions of
West Virginia and western Pennsylvania. 1821- Birthday of Edward H. Plumptre, Anglican theologian.
He served on the Old Testament committee for the 1881 English Revised
Version of the Bible. Today, he is better remembered as author of the
hymn, "Rejoice, Ye Pure in Heart." 1829-Birthday
of Marie Elizabeth Zakrzewski
- pioneer U.S. doctor. MEZ graduated from a school for midwives without
incident but when she was appointed chief midwife and professor, male
opposition forced her resignation. On arriving in the U.S., she met
Elizabeth Blackwell who helped her enter Western Reserve medical school
for regular medical training. She assisted the Blackwell sisters in
the New York Infirmary and ran the institution while Elizabeth was in
England. She served as physician
and professor at the New England Female Medical College in Boston but
left because the founder saw women's position in medicine limited to
midwifery. She founded the New England Hospital for Women and Children
in 1862 and served in various capacities there until 1899. In addition to her
pioneering medical work, she developed lunchrooms for the working poor
women and aid for poor Jews. Her
New England Hospital was the first one to trained nurses and offer social
services. 1862 CSA ironclad "Arkansas"
is badly damaged in Union battle. ( actual accounts: http://www.missouridivision-scv.org/mounits/cssark.htm 1864-The Rebels evacuate
Fort Powell, Mobile Bay. attack
Yesterday we wrote about the Battle of Mobile Bay, Alabama
starting. It actually lasted until August 23. David G. Farragut, commanded a fleet of fourteen wooden ships and
four ironclads. running through a minefield and past Confederate forts
Gains, Morgan, and Powell, Farragut’s fleet defeated a Confederate flotilla,
including the Confederate ironclad Tennessee, and took one of the South’s
last major ports. The city of Mobile was taken in 1865. blacks from voting, others made poll tax and
literacy tests a requirement. The Southern states voting as a block made deals
for a new president in an electoral contest, by tenure gained control of committees
as senator were voted by the state legislators in this century, and while
the North beat the South in the Civil War, the South now controlled
bills, committees, and legislation and would dominate for almost a century
to follow. 1890 - Denton ‘Cy’ Young pitched
his first major-league baseball game on this day. He led the Cleveland
Spiders past the Chicago White Sox. Young went on to enjoy a great baseball
career, winning a total of 511 games (95 more than second place Walter
Johnson) ... averaging more than 23 victories over 22 seasons, playing
for Cleveland, St. Louis, and Boston (where he played in the first World
Series, and won). The Cy Young Award was established in 1956, when the
Baseball Writer's Association of America bestowed the honor on the best
pitcher in major-league baseball for that year. The award has been presented
every year since. In fact, from 1967 on, two Cy Young awards have been
presented annually to the best pitcher in each major league. http://memory.loc.gov/ammem/today/aug06.html 1905-Birthday
of Clara Bow - U.S. film actor. CB was called the "'It' girl"
as she portrayed the carefree flapper in early Hollywood films. She starred in more than 30 films including
the classic Wings but her strong Brooklyn accent prevented her from
making it in talking pictures. Her various sex scandals also lost fan
support but it was her voice that ended her movie career.
She won a beauty contest while still in high school that sent
her to Hollywood. A good biography is J. Morella's The 'It' Girl: the
Incredible Story of Clara Bow (1976). http://www.gildasattic.com/clarabow.html http://www.csse.monash.edu.au/~pringle/silent/ssotm/Jan96/ http://www.seeing-stars.com/ImagePages/ClaraBowGravePhoto.shtml 1906-Birthday of trombone player
Vic Dickenson, Xenia, OH, Died November 16,1984. http://www.harlem.org/oldsite/people/dickenson.html
http://www.harlem.org/people/dickenson.html 1911- Film and television pioneer
and comedian Lucille Ball born at Butte, MT. In addition to her many
other film and television credits, Lucille Ball always will be remembered
for her role in the 1950s CBS sitcom I Love Lucy. As Lucy Riccardo,
the wife of band leader Ricky Riccardo (her real-life husband, Desi
Arnaz), her comedic style became a trademark of early television comedy.
She was instrumental in many pioneering innovations in TV production.
Desilu Productions, the company founded by Ball and Arnaz, insisted
on filming in Hollywood instead of New York. This move is largely credited
with creating a shift in TV production to the west coast. In addition,
theirs was the first TV show to use 35mm film to increase the clarity
of the final image, the first to use three cameras instead of one and
the first to be filmed in front of a live audience. On Apr 1,1958, the
final episode was broadcast, but I Love Lucy now is seen worldwide in
syndication. Ball continued her involvement both before and behind the
camera, appearing in three additional sitcoms. She became the first
woman to head a major motion picture and TV studio when she purchased
Arnazs share of Desilu Productions. Ball and Arnaz were divorced in
1960; she later married Gary Morton. She died Apr 26, 1989, at Los Angeles,
CA. http://www.geocities.com/babalufan/BabalusILoveLucypage.html http://www.classicmoviemusicals.com/ball.htm 1918-Birthday of jazz promoter/sponsor
Norman Granz , Los Angeles, CA. http://www.artistdirect.com/music/artist/card/0,,407567,00.html 1921—Jazz flutist Buddy Collette
Birthday. http://www.jazzvalley.com/musician/buddy.collette http://www.vh1.com/artists/az/collette_buddy/bio.jhtml (“Swinging Shepard’s” is a great
album ). 1925-Birthday of Bill Haley, rock
'n' roll's first teen idol, born in Highland Park, Michigan. Haley,
with his group, the Saddlemen, at first played country-and-western,
but in 1952 he dropped the cowboy image and changed the band's name
to the Comets. Haley began recording cover versions of R'n'B hits, and
in 1953, his "Crazy Man Crazy" became the first rock 'n' roll
record to make the Billboard pop chart. Bill Haley and the Comets' biggest
success came in 1955 when "Rock Around the Clock" rose to
number one. Haley was the most popular rock 'n' roll idol until Elvis
Presley came along, but by 1958 his career was basically over. He continued
to work as a nostalgia act, mainly in Britain and Europe. Haley died
on February 9th, 1981 in his hometown of Harlingen, Texas. http://www.rockabillyhall.com/BillHaley.html 1927-Birthday of Canadian composer
Dolores Claman, born in Vancouver. She and her husband, Richard Morris,
became one of the country's most successful jingle-writing teams in
the mid-1960's. Claman and Morris have also written several stage musicals
and film scores, the theme for CBC's "Hockey Night in Canada"
and the score for the film "A Place to Stand," made for the
Ontario pavilion at Expo 67. The film won an Oscar. http://www.hockeytheme.com/FrameRHistory.htm 1929-Birthday of Janice Lee York
Romary - U.S. Olympic fencer (1952-1968) who in 1968 became the first
woman to be the U.S. flag bearer in the opening ceremonies of the Olympics
(Mexico City). http://www.westsidefencing.com/images/fchamps/janiceleeromary.jpg http://www.usc.edu/dept/CCR/theme/14.html
1930-Birthday of singer Abbey Lincoln,
Chicago, IL. http://www.artistsonly.com/abbey.htm http://www.amazon.com/exec/obidos/ASIN/B000000Y4A/perpetualstarlig/002-1654770-2338401 1930- Mysterious disappearance
at age 41, Joseph Force Crater, justice of the New York State Supreme
Court. Never seen or heard from after disappearance on this date. Declared
legally dead in 1939. “Where
is Judge Crater” signs appeared everywhere in the thirties.
http://lists.uchicago.edu/pipermail/ua/2000-March/008688.html http://home.eznet.net/~dminor/TM980613.html 1932-Birthday of singer and actress
Della Reese. http://allmusic.com/cg/amg.dll?p=amg&sql=B63320roac489 http://www.cbs.com/primetime/touched_by_an_angel/bio_dreese.shtml 1945-Memorial observances in many
places for victims of the first atomic bombing of a populated place,
which occurred at Hiroshima, Japan in 1945,( it was August 5 in the
United States ) when an American B-29 bomber, “Enola Gay,” dropped an
atomic bomb over the center of the city.
The pilot was Colonel Paul Warfield Tibbets, Jr. of Miami, FL.,
and the bombardier was Major Thomas W. Ferebee of Mocksville, NC. More
than 205,000 civilians died either immediately in the explosion or subsequently
of radiation. If you had been reading history in America in
the preceding months, it would have given you a sense of the time and
in order to save lives, the atomic bomb was dropped. 1965-The Voting Rights Act of 1965
signed into law by President Lyndon Johnson, designed to thwart attempts
to discriminate against minorities at the polls. The act suspended literacy
and other disqualifying tests, authorized appointment of federal voting
examiners and provided for judicial relief on the federal level to bar
discriminatory poll taxes. Congress
voted to extend the Act in 1975, 1984, and 1991. 1948 - Seventeen-year-old Bob Mathias
won the decathlon competition at the Olympic Games being held in London,
England. 1949---Top
Hits Some Enchanted Evening - Perry Como Again - Gordon Jenkins Riders in the Sky - Vaughn Monroe I’m Throwing Rice (At the Girl that I Love) - Eddy Arnold 1952 - Satchel Paige, at age 46,
became the oldest pitcher to complete a major-league baseball game.
Paige shutout the Detroit Tigers 1-0 in a 12-inning game. 1955- "Baby, Let's Play House"
became Elvis Presley's first national chart single, reaching number
10 on Billboard's country chart. 1957---Top
Hits Love Letters in the Sand - Pat Boone Tammy - Debbie Reynolds Diana - Paul Anka (Let Me Be Your) Teddy Bear - Elvis Presley 1957- 16 year-old John Lennon and
his group the Quarrymen recorded "Baby Let's Play House" and
"Puttin' on the Style" at a church social in Liverpool. The
recording, made on the day Lennon met 14 year-old Paul McCartney, sold
at a London auction in September 1994 for the equivalent of $156,000
Canadian. 1963- the New York Mets hired several
rock 'n' roll acts, including Chubby Checker and Dee Dee Sharp, to perform
before a game with the Pittsburgh Pirates. 1965- Marty Balin and Paul Kantner
formed a folk-rock group that evolved into the Jefferson Airplane, the
premier San Francisco psychedelic band of the late '60s. The Airplane
made its debut the following month at a Haight-Ashbury club, and was
signed to RCA later in the year. "The Jefferson Airplane Takes
Off," their first album, was awarded a gold record in 1966. http://www.jeffersonairplane.com/ 1965---Top
Hits (I Can’t Get No) Satisfaction - The Rolling Stones I’m Henry VIII, I Am - Herman’s Hermits What’s New Pussycat? - Tom Jones The First Thing Ev’ry Morning (And the Last Thing Ev’ry Night)
- Jimmy Dean 1967 - Dean Chance of the Minnesota
Twins pitched five innings of perfect baseball, leading his team to
victory over the Boston Red Sox. Chance was only the third player to
pitch a shortened, perfect game. 1972 -Hitting his 660th and 661st
career homers, Hank Aaron breaks Yankee legend Babe Ruth's record for
most home runs with one team. Hammerin' Hank's' second homer of the
day is a 10th inning blast which enables the Braves to beat the Reds,
4-3 1973---Top
Hits The Morning After - Maureen McGovern Live and Let Die - Wings Diamond Girl - Seals & Crofts Lord, Mr. Ford - Jerry Reed 1973-
Roberto Clemente becomes the first Latin-born player to be inducted
into the Hall of Fame 1981 - Golfing legend Lee Trevino
was disqualified from the PGA Championship in Duluth, GA when the ‘Super
Mex’ had his scorecard signed by Tom Weiskopf instead of himself.
http://www.golfeurope.com/almanac/players/trevino.htm 1981-After a seven-week strike
that cut the heart out of the regular baseball season, major league
players approved a plan for a split season with the post-strike games
to constitute the second half. The New York Yankees, Oakland Athletics,
Philadelphia Phillies and Los Angeles Dodgers were declared first-half
champions, automatically qualify for special divisional playoffs. 1981---Top
Hits Jessie’s Girl - Rick Springfield Theme from "Greatest American Hero" (Believe It
or Not) - Joey Scarbury I Don’t Need You - Kenny Rogers Dixie on My Mind - Hank Williams, Jr. 1984- the Jacksons' "Victory"
tour opened in Kansas City. The eight-story stage, designed by brother
Michael, obscured the view from one-fourth of Arrowhead Stadium's 60,000
seats. Despite complaints about the $30 ticket prices, "Victory"
proved to be the then-largest concert tour ever. The Jacksons played
55 dates in 23 cities, selling about 2.3 million tickets. Each brother
raked in about $5 million . The promoter, Chuck Sullivan, lost $20 million
because he agreed to pay all costs of the lavish production. 1986 - Timothy Dalton became the
fourth actor to be named “Bond ... James Bond.” Dalton, 38, and his
studio, United Artists, ended months of speculation as to who would
star as Agent 007 in the 15th James Bond film. The character of Bond
was created by writer Ian Fleming. Other stars to play the role of the
suave, debonair and deadly double agent include: Roger Moore, Sean Connery
and George Lazenby, with Pierce Brosnan as the James Bond for the 1990s.
1988
-Cub reliever Goose Gossage becomes the second player in major league
history to record 300 career saves as he retires one batter in a 7-4
victory over the Phillies. 1988-
Jose Canseco became the 11th player in major league history to hit 30
homers and steal 30 bases in a season. The A's outfielder, with 31 homers, joins the 30-30
club stealing second base with one out in the ninth inning for his 30th
as Oakland beat the Mariners, 5-4. 1989 -Boston Red Sox
retire Carl Yastrezemski's #8. 1989---Top
Hits Batdance - Prince On Our Own - Bobby Brown So Alive - Love & Rockets Why’d You Come in Here Lookin’ like That - Dolly Parton 1996- Daniel Goldin, administrator
of the National Aeronautics and Space Administration announced scientific
evidence that there was life on Mars. The discovery was made by Dr. Roberta Score and a team of
American scientists. Using electron
microscopes, they examined a 4.5 billion year old Martian meteorite
that struck Antarctica 13,000
years ago and found fossils of what appeared to be a “primitive form
of microscopic life.” 1999 - "The Sixth Sense" opened with Bruce Willis starring as
a child psychologist and Haley Joel Osment, who plays an 8-year-old
who is visited by ghosts. As of July 24, 2001, it had rung up $293,501,675
at the box office. I didn’t realize Willis was a ghost. When you see it a second
time, it gives a different perspective to the movie. 2001-
The Hall of Fame Veterans Committee comprised of five former players,
five media members and five former executives, which was established
in 1953, is to be replaced by a 90-member group made up of the members
of the Hall of Fame (61), the recipients of the J.G. Taylor Spink award
for writers (13), the Ford C. Frick award for broadcasters (13) and
current Veterans Committee members (3). The new committee will be able
elect players only once every two years and executives, umpires and
managers only once every four years. 2002
Protecting the Giants' 11-10 lead over the Cubs, 32-year old reliever
Robb Nen becomes the 16th and youngest closer to record the 300th save
of his career.
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