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Leasing News is a web site that posts information, news, and
entertainment for the commercial bank, finance and leasing industry

Collector, Atlanta, GA

Experienced, calling 11-90 day delinquent customers, assisting Asset Re-marketer with delinquency reporting, weekly reporting to home office.

Sales, Chicago, Atlanta

Work out of main office and satellite. Heavy phone sales calling on both independent dealers and end users (cold/warm calling), marketing, weekly reporting to management. Outside territorial salespeople will also be considered.

Contact: Michael Testa 312-881-3133
Financing for Commercial Truck & Trailer, Exotic, High Line, Vintage & Classic Automobiles, Taxi, Livery & Paratransit


Wednesday, July 23, 2014

Today's Equipment Leasing Headlines

Archives---July 23, 2002
 Origins of the Leasing Business
  Classified Ads--Legal
674 Dentists Win Judgment/Brican America
   (Includes Special Report from Attorney Ron Gossett)
Dodd-Frank: Behind schedule and under scrutiny
  SNL Financial Exclusive
    Working Capital Myth #2
Kmart offers $1 check cashing
 Adds to Financial Service, such as “lease to own”
     Leasing Industry Ads---Help Wanted
  “References—Who Should I Give?”
Career Crossroad---By Emily Fitzpatrick/RII
This Day in American History
  Edited by Ralph Mango 
Lease/Finance Calculators On Line
    Free Lease-vs-Buy Calculator
Settlement tab for big banks rises above $107B
    with latest announcements
    Hollywood, Florida  Adopt-a-Dog
     Leasing Attorneys
iPhone Sales Are Up, But Its Growth Is Slowing Down
News Briefs--- 
CIT to Buy OneWest Bank (formerly IndyMac) for $3.4B Cash/Stock
 CIT Group (CIT) Approves $500M Buyback Plan
  CIT reports Q2-'14 net income of $247 million
  Stearns Bank: Annual funding for the equipment finance division was $306    million in 2012
Regions Financial Profit Climbs, Post $300 Million Profit
 Signature Bank Reports $72.50 Million 2nd Q Profit
  Bank of Marin Bancorp Reports Record Quarterly Earnings of $5.2 Million
   House investigators: IRS tech experts say Lerner’s hard drive only     'scratched,' not destroyed

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Archives---July 23, 2002
Origins of the Leasing Business

Your story this morning (Monday) re: B of A being the first bank lessor reminded me of the origins of the leasing industry in this country. B of A played a role in that event too, albeit unwittingly.
In 1952 a small neighborhood grocery market in San Francisco needed to replace a food cooler that had given good service since before the Second World War but now was beyond repair. The owner of the market, who had both his personal and business accounts with Bank of America, applied for a loan at his local branch. He asked that the loan be payable in installments over three years instead of on a demand note, as was customary in bank lending at the time. He also offered to grant a lien against the food cooler in favor of the bank. They turned him down.
Shortly thereafter he was talking with one of his regular and best customers and told him about his recent disappointing experience with B of A. The customer, after talking with his brother and two friends, all of whom were customers of the market, decided they would buy the food cooler and lease it to the business. An equipment lease was a legal construct that one of the men (an attorney) recalled reading about earlier in law school.
They formed a company to accomplish the lease (United States Leasing Corporation) and, delicious irony, they then took the lease document to a B of A branch used by one of the four and discounted the stream of rents inherent in the lease they owned. Non-recourse!
I have always thought that it said a lot about the leasing industry, its
origins in this country, and its phenomenal success since 1952 that one of the four was an engineer, two were attorneys and one was a used car salesman.
This story came to me one day in the early 1970's in a conversation with the late Henry Schoenfeld, one of the four, who was then Vice Chairman of United States Leasing International, Inc., the successor to USLC, and the company generally credited with creating equipment leasing as we now know it.
All the best.
Stanley A. Evans, Jr.
Executive Solutions for Leasing and Finance, Inc.


Classified Ads---Legal

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

San Diego , CA 
Experienced in-house corporate, equipment leasing and financial services attorney seeks position as managing or transactional counsel. Willing to relocate.
Cell Phone: 760-533-4058 | Resume

Free Posting for those seeking employment in Leasing:

All “free” categories “job wanted” ads:


674 Dentists Win Judgment/Brican America
(Includes Special Report from Attorney Ron Gossett)
by Christopher Menkin

Ron Gossett of Gossett & Gossett, P.A., Hollywood, Florida, announced a ruling by U.S. District Judge Patricia A. Seitz, Southern District of Florida, favoring 665 plaintiffs being sued by the medical financial group (primarily chiropractors) NCMIC Finance Corporation dba Professional Services (PSFS), Clive, Iowa, regarding contracts with Brican America, Inc., Miami, Florida. The group that won consisted of 674 plaintiffs (he lost 9) that had to do with their signing Marketing Agreement Versions 4 through 8.

The earlier summary judgment was not addressed in trial, and stands until either reversed by the judge before entering a final judgment, or reversed by the 11th Circuit Court of Appeals.

Many of the doctors kept the equipment, modified, found a software company or an individual who knew software, and continued the operation of the system. Several bought other systems. Several tried to dispute with the leasing companies and eventually lost. There also were smaller groups in various states who joined together.  Many thought the dental society would help them out. 

“I represented 1040, which included about 100 who had leases with Brican Financial Services,” Attorney Ron Gossett told Leasing News. “While this was not a co-effort with another law firm, I worked closely with David Charlip (who represented about 160), but was the lead attorney appointed as such by the court in the putative class action.  Class certification was denied because we were able to get such a large percentage of the customers directly involved in the suit, and because NCMIC agreed that it would be bound by the outcome of this case.  Given the fact that NCMIC last funded contracts in April 2009, and they were 5 year contracts, those who did not join our group continued to make their payments, and have now paid off the contracts.

“Thank you again for the referral of these people.”

It should be noted that the dentist group, who started a blog on Yahoo, had asked the writer to recommend an attorney.  Ron Gossett was recommended, due to his work in the NorVergence matter (he discovered that in the presentation the selling of service to telephone companies was noted in presentations and that meant leasing companies were aware of the “maintenance factor” and costs, leading to the many settlements with state AGs). Also recommended was Attorney Michael Witt, in practice in Iowa where PSFS was located (Witt excused himself after reviewing the matter due to being an ex-Wells Fargo Leasing attorney and possible conflicts of interests).

Let's go back to the very beginning, October, 2009 (1), where Leasing
News posted an “alert” about the selling of the Brican American portfolio provided by Lease Police that they were carrying that they were trying to discount to other banks and other leasing companies with Chuck Brazier representing the company.  The credits were very good. The yields were very good. The fact that advertising was paying the lessee money to make the payments was not disclosed.

Brican formed Brican Financial Services after NCMIC shut down funding, and entered into about 300 leases.  1672 leases were financed by NCMIC, a handful were financed by DLL, and some were initially financed by Baytree (who discovered the fraud and made Brican repurchase those leases).  There was a handful to smaller banks and other leasing companies.

The fact is they all signed leases along with marketing agreements for flat-screen TV, computer, installation, and software, having an equipment cost of approximately $3,500, as well as software.  The company also supplied (and also was hired for and paid separately) advertising for the doctor's reception area, videos on what the doctor offered, as well as advertisements for dental and other products, which allegedly was to pay for the monthly lease payment.  A typical lease had a 60-month term, a dollar purchase option, and a total of payments of approximately $24,000 ((carrying an implicit annual interest rate, arguably, of about 137%-- $3500 original principal (equipment cost), $24,000 total of payments over 5 years = 137%)).

Many were paying a higher leasing payment per year, as Attorney Ron Gossett reports. Since market was to make the lease payments, they evidently were not concerned about the implied interest rate.

When the scheme fell apart, after NCMIC Finance and many other leasing companies realized what was happening, Brican could no longer sell their contracts and the "Ponzi scheme" imploded. The founder of the company, Jean-Francois Vincens, a French and Canadian citizen, allegedly had run a similar scam in the past (and is reportedly involved in a similar practice in Canada today.) (2)

Ron Gossett has more about this in his report, which gives a more
detailed and accurate than this abridged version.

(1) Alert--Brican America, Miami, Florida

(2) Alert: Déjà Vu---Jean-Francois Vincens

Judge Patricia A. Seitz Findings of Fact and Conclusion of Law (63 pages)

Attached is a more detailed and accurate account written by
Attorney Ron Gossett, expressly for Leasing News (six pages)
“This case proves two idioms—a leopard never changes its spots, and there is no such thing as a free lunch, and proves that an ostrich is not to be emulated in times of trouble.”



Dodd-Frank: Behind schedule and under scrutiny
SNL Financial Exclusive
By J. Daniel Young and Jasmine Castroverde

Politicians fashioned the massive Dodd-Frank Act in a post-crisis world aiming to repair the financial environment through a bold new plan. Yet four years after being signed into law by President Barack Obama, portions of the law's rulemaking requirements are still up in the air, and critics are calling for changes that will rein in the equally massive amount of regulations spun from the law.

As a Davis Polk & Wardwell LLP progress report on the legislation indicates, the deadlines for 280 rulemaking requirements have passed, as of July 18. Of those, 127 deadlines were missed. Of the 398 total required rulemakings contained in the bill, 96 have yet to be proposed

And four years on, supporters and critics alike offer differing and varying views on the future of the act.

The Bipartisan Policy Center released a report outlining 10 solutions for regulators and a separate list of 10 solutions for Congress. Some suggestions, such as a recommendation to increase transparency at the Financial Stability Oversight Council, align with the desires of detractors such as House Republicans in the Financial Services Committee.

But alongside the criticisms of Dodd-Frank, the Bipartisan Policy Center said the law made progress in some areas. A report by the center said that the creation of the significantly important financial institution resolution authority, increased capital requirements, increased oversight of the entire financial system, enhanced consumer protection and extended consumer protection authority to nonbanks, among other actions, were segments of improvement.

Still other observers say that Dodd-Frank was not necessary. Hester Peirce, a senior fellow at the Mercatus Center at George Mason University, told SNL that the power and authority delegated to regulators as a result of Dodd-Frank was the opposite of what should have been done. She contends that the market should hold itself accountable. "If you could replace all the regulations we've done and just have higher capital, you'd have a safer system," she said.

Similarly, attorney Oliver Ireland at Morrison & Foerster said the costs of Dodd-Frank "significantly outweigh the benefits in terms of overall financial stability." He added, "We are looking at a huge piece of legislation, imposing a lot of costs and a lot of changes in the system and it's not clear what the benefits are."

And with so much yet to materialize, the effects of Dodd-Frank are still unknowable, according to Ireland. "The effective dates tend to be off into the future and you don't really see the effects of them until after the effective date," he said. "We are a ways off from seeing what the post-Dodd-Frank financial system looks like."



Kmart offers $1 check cashing
Adds to Financial Service, such as “lease to own”
By Jacqueline Renfrow,

Kmart (NASDAQ:SHLD) announced it will now offer $1 or less check cashing services to members of its Shop Your Way loyalty program. Shoppers can now cash payroll and government checks up to $2,000 and personal checks up to $500.

Kmart is tapping into the need for shoppers who want the convenience of cashing checks where they shop, or do not have traditional bank accounts.
"At Kmart, we know that every dollar counts," said Jai Holtz, VP of financial services, Sears Holdings. "We're giving our members more savings so they can keep more in their pockets. We know our members will love only having to pay $1 or less to cash their checks."

Shop Your Way is the retailer's social shopping community and membership program. Kmart recently extended its shop online and pick up in storeprogram to include more than 2,000 stores for its Shop Your Way members.

Additional financial services offered to Kmart members include layaway, lease-to-own, pay in-store, walk-in bill pay, money transfer, money orders, ATMs and pre-paid debit cards.

Walmart (NYSE:WMT) is another retailer who recently got into the business of financial services. This spring, Walmart Canada introduced low-cost legal services in select locations throughout Toronto. The company also rolled out a low-fee money-transfer service that allows shoppers to send and receive up to $900 at a time at more than 4,000 U.S. stores.


Leasing Industry Help Wanted


Collector, Atlanta, GA

Experienced, calling 11-90 day delinquent customers, assisting Asset Re-marketer with delinquency reporting, weekly reporting to home office.

Sales, Chicago, Atlanta

Work out of main office and satellite. Heavy phone sales calling on both independent dealers and end users (cold/warm calling), marketing, weekly reporting to management. Outside territorial salespeople will also be considered.

Contact: Michael Testa 312-881-3133
Financing for Commercial Truck & Trailer, Exotic, High Line, Vintage & Classic Automobiles, Taxi, Livery & Paratransit


Leasing Operations Manager
San Antonio, Texas

Leadership role in building a team focused on credit, documentation and funding functions for a dynamic high growth business operating in both captive and non- captive lift truck markets.
Click here for full description.

Contact: Monet Pitts, HR Manager
Quality Controlled Material Handling Equipment Rent, Finance, or Lease up to 84 months, Maintenace, too.


For information on placing a help wanted ad, please click here:

Please see our Job Wanted section for possible new employees. 


“References—Who Should I Give?”
Career Crossroad---By Emily Fitzpatrick/RII

Question: Can you give me some tips on supplying references?

Answer: Reference checks are often part of a comprehensive employment-screening program, which can also include verification of employment eligibility, e.g. immigration status, credit checks, and background checks. References add to the information that a hiring manager has gathered thus far, e.g. resume on a potential candidate. What the prospective employer finds out from your references should confirm their interest in extending an offer!

The definition of “reference” includes two functions in a job search. According to the Merriam-Webster Dictionary, a reference is “a person to whom inquiries as to character or ability can be made” and is also defined as “a statement of the qualifications of a person seeking employment or appointment, given by someone familiar with the person.

According to the Society for Human-Resource Management (SHRM) survey, 76 percent of organizations conduct reference checks for job candidates. The survey defined “reference background checks” as verification of information provided by a job applicant or communication with people regarding the job applicant.

The first step is identifying who you should consider to be your references.

Selecting Your References

Generally, a potential employer will want at least two of your references to be former employers. The advantage of preparing your references is that you can provide the “best” references, and you can present them in the order you would like to have them contacted. That does not guarantee that the prospective employer will not contact people who aren’t on your reference list.

You will want to select 3-7 individuals to be your “preferred” references. These individuals may be current/former managers or supervisors, co-workers, peers, or team members, current/former customers of the company, vendors or suppliers, and people you have supervised. If you do not have current work experience, it can be members of committees you volunteer with, or pro bono clients. If you have recent educational experience, you can also ask professors, faculty members, and advisors.

Select references that know your work well. You want someone who has seen you in action and can speak to your abilities. It is better to have someone who can speak to your skills and accomplishments than a “big name” on your list of professional references. If someone seems hesitant to serve as your reference, ask someone else

There are a couple of reasons to consider including “personal” references. These individuals meet the criteria of providing “character” references. A personal reference should know you well, and have known you for at least five years; they can include business acquaintances, coaches, and community leaders. 

Start Contacting Your References Early
The best time to start thinking about your references is when you are putting your resume together. You should not wait until you’re called in for interviews to contact people you want to use as references.

It can take some time to track down and reach references, and obtain their contact information. You do not want to try to do that while you are researching and preparing for a job interview. Additionally, having your references ready when requested shows professionalism. If your goal is to get a job, you should be prepared to provide references when asked. 

IF employed, be careful of letting too many people know of your new career search (contact us for advice on handling this scenario).

Emily Fitzpatrick
Sr. Recruiter
Recruiters International, Inc.
Phone:  954-885-9241
Cell:  954-612-0567
Invite me to Connect on LinkedIn
Also follow us on Twitter #RIIINFO

Career Crossroads Previous Columns


This Day in American History
Edited by Ralph Mango

Since Ralph Mango has taken over the role of associate editor, actually proofing and reviewing the final draft of each news edition, he has also gotten interested in "This Day in American History."   His role is not only to proof it, fix grammar, take out redundancy, but add events missed, as well as have me explain or re-write original items.

This feature began over 30 years when I would include what happened in the day of the month that I sent a birthday card to a client, friend, or vendor, where I knew their birthdate.  Originally it was put together from various American history books, where I was a history buff.  It was before the internet, which brought even more opportunities, including links to footnote events.

I am sure it takes Ralph over an hour each issue, as it certainly takes me that long also, to make corrections or explain further, as well as add new events.  Sometimes the day has not been up-dated in five years or longer as each one is completed for a news edition.

I keep thinking they are getting too long, but then, we might leave out an interesting fact that occurred that day.  Certainly they may help you if you watch "Jeopardy, or play Trivial Pursuit.

This Day in American History



 Lease/Finance Calculators On Line

Free Lease-vs-Buy Calculator

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

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

*** * *** 
Publish interest tables, also computed the rates into factors, where you could then compute "retail" rates from "wholesale" rates.

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

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

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


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

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


Bob Teichman, CLP
Teichman Financial Training
3030 Bridgeway, Suite 205
Sausalito, CA 94965
Tel: 415 331-6445
Fax: 415 331-6451

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

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

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

Collection of free financial calculator, including stock spread calculator, rent vs. buy

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

Here is one sent in by reader, Emily Hill .  She says she uses 
it all the time as it "...features over one hundred (by the looks of it) finance-related calculators."

*** * ***


*** * ***

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

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



Settlement tab for big banks rises above $107B
with latest announcements
By Edward Pershing and Sam Carr
SNL Financial Exclusive

Recent announcements by Bank of America Corp. and Citigroup Inc. bring the settlement tab for the largest six bank holding companies by assets to above $107 billion for credit crisis and mortgage-related settlements, according to data compiled by SNL Financial.

Citigroup on July 14 announced the terms of its anticipated $7 billion settlement with the U.S. Justice Department, several state attorneys general and the FDIC. Under the agreement, Citi will pay $4.5 billion in cash and $2.5 billion in consumer relief.

Citigroup CEO Michael Corbat indicated in a press release that the comprehensive settlement resolves all pending civil investigations related to Citi's legacy RMBS and CDO underwriting. He noted that with the settlement, the firm has now resolved substantially all legacy RMBS and CDO litigation.

In April, Citi agreed to pay $1.13 billion as part of a settlement with 18 institutional investors represented by Gibbs & Bruns LLP over private label securitization representation and warranty repurchase claims.

Bank of America disclosed with its second-quarter earnings July 16 that it reached a resolution to RMBS-related disputes with American International Group Inc. for $650 million. As a result, AIG will withdraw its objection to the previously announced $8.5 billion settlement with Bank of New York Mellon Corp. as trustee for certain RMBS trusts.

BofA CFO Bruce Thompson said on a July 16 earnings call that with the AIG settlement, Bank of America has resolved 95% of the unpaid principal balance of all RMBS that has been at the center of litigation or threatened litigation.

BofA is still participating in ongoing settlement discussions with the U.S. Justice Department, which, according to The New York Times' DealBook, is seeking as much as $17 billion. Executives on the earnings call declined to talk about those discussions.

In March, BofA announced an approximately $9.5 billion settlement with the Federal Housing Finance Agency regarding private-label RMBS sold to Fannie Mae and Freddie Mac. In April, BofA settled with Financial Guaranty Insurance Co. over second-lien RMBS trusts, which the latter insured, and separately settled with Bank of New York Mellon as trustee of seven of the RMBS trusts. Thompson said in April that BofA covered the cost of the FGIC settlement with previously established reserves.

When considering the costs of the credit crisis and mortgage-related settlements, analysts also examine the amounts of loans previously sold that have been repurchased, or "putbacks," in addition to the settlements with regulators and investors. In addition to litigation reserves built, the six largest bank holding companies reported a combined $15.3 billion in representation and warranty reserves for one- to four-family mortgage loans sold in the first quarter of 2014, down sequentially from $15.4 billion at the end of 2013, and down from $20.7 billion year over year. During the 12-month period ended March 31, the largest six bank holding companies repurchased $4.0 billion in closed-end one- to four-family loans.



Hollywood, Florida  Adopt-a-Dog

Breed: Schnauzer (Standard) Mix
Color: Black - With White
Age: Young
Size: Small 25 lbs. (11 kg) or less
Sex: Male

Joe's Info...

“I am already neutered, housetrained, up to date with shots, good with kids, good with dogs, and not good with cats.”

Joe's Story...

“Hi, friends my name is Joe. I'm a 2 year old schnauzer mix and weigh 26lbs. I was rescued from a high kill shelter with my friends. I am a sweet boy that unfortunately belonged to a family that didn't care about me. I feel so lucky to have a second chance in life. I am so scared and nervous when I first meet new people. I really need a family that will be patient and give me a few days to adjust. I promise you will not regret it.”

Please text Ana 305-525-3297 or email

Rescue Group: Paws2Care Coalition
Contact: Ana Bueno
6219 Johnson Street
Hollywood, FL 33024


Adopt a Pet



Leasing Attorneys

Birmingham, Alabama
The lawyers of Marks & Associates, P.C. have over 30 years experience in dealing with virtually every type of equipment financing and are recognized throughout the industry for prompt, practical solutions and exemplary service. They offer cost-conscious, effective lease enforcement and good counsel. 
California, National: city: Riverside 
Ellen Stern - get results, reasonable pricing; numerous industry contacts, nearly 30 yrs SoCal, 20 yrs equip.: CFL license specialist, documentation, work-outs, litigated collections, recoveries; deal-maker. 

Kenneth C. Greene

California & Nevada
Leasing and Financial consultant, active in several leasing
associations, as well as involved in music and film productioncin LA.  Mention "Leasing News" for a free consultation.
Skype: 424.235.1658
Connecticut, Southern New England: 
EVANS, FELDMAN & BOYER, LLC Collections, litigation, documentation, portfolio sales and financing, bankruptcy. We represent many of the national and local leasing companies doing business in this state. Past chairman EAEL legal committee. Competitive rates. 
Los Angeles/Santa Monica
Hemar & Associates, Attorneys at Law
Specialists in legal assistance, including debt collection, equipment recovery, litigation for 35 years. Fluent in Spanish. 
Tel: 310-829-1948 
Los Angeles, Southern CA 
Seasoned attorney representing secured creditors in auto finance and truck/equipment lease industry.  Bankruptcy and State Court litigation.   Vincent V. Frounjian (818) 990-0605or email:

Encino, California: Statewide “ELFA” 
Hemar, Rousso & Heald, LLP 30 yr excellent reputation Lessor representation commercial litigation, debt collection, and bankruptcy.
Call Stephen E. Jenkins Esq (818) 501-3800

Los Angeles, Statewide: CA.     "ELFA" Aggressive creditors rights law firm specializing in equipment leasing handling collection matters on a contingency, fixed fee or hourly cbasis. 

Los Angeles, Statewide: CA      "ELFA"
Practice limited to collections, bankruptcy and problem accounts resolution. Decades of experience. 10-lawyer firm dedicated to serving you. Call Ronald Cohn, Esq. (818)591-2121 or email. Email:   

Los Angeles- Statewide, CA
Lawyer specializing in banking and leasing issues statewide. Documents and litigation. 
Tom McCurnin, Barton, Klugman & Oetting. Voice: (213) 617-6129 
Cell:(213) 268-8291
California & National
Paul Bent – More than 35 years experience in all forms of equipment leasing, secured lending, and asset based transactions. Financial analysis, deal structuring, contract negotiations, documentation, private dispute resolution, expert witness services. (562) 426-1000.

Trabaris, P.C.: Finance attorney with 24 years’ experience with transactional, documentation, secured financing and workouts/restructurings.  Kevin Trabaris.  Phone:  847-205-4377.


Law Firm - Service, Dallas, TX. "ELFA"
Mayer regularly practices in leasing, secured financing, project development and finance and corporate finance. 
Massachusetts (collection/litigation coast to coast) 
Modern Law Group focuses its practice on collections, lease enforcement and asset recovery. For the past five years, our attorneys have helped clients recover millions of dollars. We are able to cover your needs coast to coast.

Michael J. Witt, experienced bank, finance, and leasing attorney, also conducts Portfolio Audits. Previously he was Managing Counsel, Wells Fargo & Co. (May, 2003 – September, 2008); Senior Vice President & General Counsel, Advanta Business Services (May, 1988 – June, 1997) Tel: (515) 223-2352 Cell: (515) 868-1067

National:  The OMEGA Network Group-nationwide legal representation of small and mid ticket equipment lessors-flat fee bankruptcy & replevin, contingent collection, 
billable litigation (704-969-3280)

National: Coston & Rademacher: Business attorneys serving the lease-finance industry since 1980. Transactional, documentation, corporate/finance, workouts, litigation, bankruptcy, portfolio management. Chicago-based national practice. Jim Coston, CLP (Members: ELFA, NEFA). 

St. Louis County , MO. - statewide: 
Schultz & Associates LLP., collections, negotiation, and litigation. Also register and pursue recovery on foreign judgments. Contingency and reasonable hourly rates. 
Ronald J. Eisenberg, Esq.
(636) 537-4645 x108
NJ,De,Pa: Specializing in leased equipment/secured transactions. Collections, replevins/workouts reasonable rates. Sergio Scuteri/Capehart & Scratchard, /
New York and New Jersey
Peretore & Peretore, P.C. documentation, portfolio purchase & sale, replevin, workouts, litigation, collection, bankruptcy.  Aggressive. Over 25 years

Thousand Oaks, California: 
Statewide coverage Spiwak & Iezza, LLP 20+ years experience,Representing Lessors banks in both State/ Federal Courts/ all aspects of commercial leasing litigation.
Nick Iezza 805-777-1175


This is for Attorneys to post their legal services, who specialize in equipment leasing. If there are other offices or specialties, please mention in the 50 words allowed to describe the firm and services available. If you are a member of a leasing association, please so indicate.
Please send an email to


John Kenny 
Receivables Management

• End of Lease Negotiations & Enforcement
• Fraud Investigations
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iPhone Sales Are Up, But Its Growth Is Slowing Down

iPhone unit sales: 35.2 million versus 35.3 million expected
iPad unit sales: 13.3 versus 14-15 million expected

The iPhone numbers are nearly in line with analyst expectations, but Apple missed again on the iPad. iPad sales are down 9% year over year.

Apple Posts $7.7 Billion in Profit on Strong iPhone Sales


Leasing Operations Manager
San Antonio, Texas

Leadership role in building a team focused on credit, documentation and funding functions for a dynamic high growth business operating in both captive and non- captive lift truck markets.
Click here for full description.

Contact: Monet Pitts, HR Manager
Quality Controlled Material Handling Equipment Rent, Finance, or Lease up to 84 months, Maintenace, too.




News Briefs----

CIT to Buy OneWest Bank (formerly IndyMac) for $3.4B Cash/Stock

CIT Group (CIT) Approves $500M Buyback Plan

CIT reports Q2-'14 net income of $247 million

Stearns Bank: Annual funding for the equipment finance division was $306 million in 2012

Regions Financial Profit Climbs, Post $300 Million Profit

Signature Bank Reports $72.50 Million 2nd Q Profit

Bank of Marin Bancorp Reports Record Quarterly Earnings of $5.2 Million

House investigators: IRS tech experts say Lerner’s hard drive only 'scratched,'
not destroyed


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--You May Have Missed It

Billy Joel to receive Gershwin Prize from Library of Congress


SparkPeople--Live Healthier and Longer

Are You a Distracted Diner?


Baseball Poem


by Charles Ghigna ©

Published: Boyd Mills Press (2003)

The slits of his eyes
hidden in shadows
beneath the bill of his cap,
he watches and waits
like a patient cat
to catch what comes
his way.

and he pounces
upon the ball,
his hands flying
above the grass,
flinging his prey
on its way
across the diamond
into a double-play.




Sports Briefs----

Donald Sterling files fraud lawsuit against Shelly Sterling, NBA

CEO: If Sterling stays, Doc likely goes

A's, Oakland council sign off on 10-year lease extension


California Nuts Briefs---

Dealing With the Water Shortage in California


“Gimme that Wine”

Finally - a corkscrew that works!
 Watch to the end!

The deluxe model comes with a Detroit Diesel engine


Napa’s Quixote Winery Sold to Chinese-Owned Firm for Approximately $29 Million


LeBaron: Fountain Grove Winery a landmark that wasn't


Free Mobile Wine Program

Wine Prices by vintage

US/International Wine Events

Winery Atlas\

Leasing News Wine & Spirits Page


This Day in History

       1637 -- King Charles of England hands over the American colony of Massachusetts to Sir Fernando Gorges, one of the founders of the Council of New England. 
    1664 – Four British ships arrived in Boston to drive the Dutch out of NY.
    1788 - A weather diary kept by George Washington recorded that the center of a hurricane passed directly over his Mount Vernon home. The hurricane crossed eastern North Carolina and Virginia before moving into the Central Appalachians. Norfolk, VA, reported houses destroyed, trees uprooted, and crops leveled to the ground.
    1829-William Austin Burt of Mount Vernon, Michigan, patented the first typewriter on July 23, 1829. The design of the keyboard was changed several times without much thought, but the most common was the one designed basically so you could use the keys on one line to type out “typewriter.”
    1827-The first swimming school in the US opened at Boston, MA. Its pupils included John Quincy Adams and James Audubon. 
    1850-Congregation Emanu-el founded in San Francisco.
    1865--William Booth founds the Salvation Army in England. 1885- Ulysses S. Grant died at 63 and was buried this day in a mausoleum on Riverside Drive, New York City, overlooking the Hudson River. The funeral of Gen. Grant was designated a day of national mourning. The body was taken to New York City on a special train shrouded in black curtains. The former president lay in state at City Hall, where citizens who wished to pay their last respects gathered in a line a mile long Day and night for two days the mourners filed past. The funeral procession to the tomb was enormous and people packed the sidewalks and rooftops along its route.
    1885-the first state banking association was the Texas Bankers’ Association, which was organized at Lampasas, TX, with an initial membership of 31. The first president was James Francis Miller.
    1886- A 23 year-old unemployed Irish immigrant Stephen Brodie was pulled from the East River, claiming that he had just jumped off the Brooklyn Bridge. The newspapers of the day headlined his survival. Although Brodie was unable to produce any objective witnesses to say he had performed the feat---he was accused of having his friends drop a dummy from the bridge while he slipped unnoticed into the water from the riverbank---the newspapers made him famous. In 1894, he starred in a play called “On the Bowery,” during which he rescued the heroine by jumping off a bridge built onstage.
    1888-Birthday of one of my favorite authors: Raymond Chandler. He
did not start writing until later in his life, publishing his first novel, The big Sleep. It brought him fame and to Hollywood with his detective character Philip Marlowe, a Los Angels private eye who liked “liquor and women and chess and a few others things.” Chandler was known for spare prose that featured gripping similes: “The wet air was as cold as the ashes of love” or “She had eyes like strange sin.” He authored and co-authored several Hollywood screen plays, as well as had a popular detective cartoon series. Born at Chicago, IL, Chandler died at Lo Jolla, CA, on March 26, 1959. Perhaps one of the best books about Chandler is “The Long Embrace: Raymond Chandler and the Woman he Loved” by Judith Freeman. Perhaps you need to be a fan to really appreciate this book, which I am.
    1903-The first two-cylinder Ford Model A was delivered to its owner, Dr. Ernst Pfenning of Chicago, on this day in 1903. The Model A was the result of a partnership between Henry Ford and Detroit coal merchant Alexander Malcomson. Ford had met Malcomson while working at Edison Illuminating Company: Malcomson sold him coal. The Model A, designed primarily by Ford’s assistant C. Harold Wills, was the affordable runabout that Ford needed to begin marketing his company’s stock.
In the next year Ford raised enough stock to release a line of cars and to incorporate as the Ford Motor Company. The company was capitalized at $100,000 at that time, but by 1927, the Ford Motor Company was valued at $700 million. Ford’s company grew quickly, but it wasn’t until the release of the Model T that Ford took the position of our nation’s largest carmaker.
Henry Ford was the father of mass production. His idea of reducing the cost of automobiles by manufacturing them on an assembly line revolutionized industry 
The Model T kept Ford number one in the industry until production was stopped in 1927, and Ford relinquished its place to Chevrolet. The second Model A, released in November of 1927, was a great success. Between 1927 and 1931, 4.3 million Model A Fords were made. The stylish, dependable, and affordable Model A reaffirmed Ford’s position as a premier automaker at the time. Sales for the Model A would never approach those of its forerunner the Model T, due to the onset of the Depression. As sales slumped, Henry Ford decided to release a new car model in 1932. He introduced the speedy Ford V-8, known as the fastest car in the land at the time. Ford would never again regain hegemony atop the car industry. 
    1904-Charles E. Menches of Akron, Ohio, Missouri “discovers” the ice cream cone. The City of Akron gives him credit for hamburgers and corn snacks. While many give him credit, there are others who also have claim.
The Official Day in History gives the credit to Menches:
As does the official website for the City of Akron, Ohio
It also may be that he invented the hamburger as we know it, too:
    1908-Birthday of Charles Melvin “Cootie” Williams, Mobile, AL,,510077,00.html?artist=Cootie+Williams
    1915-birthday of trumpet player Emmett Berry, Macon, GA
    1916--American composer Ben Weber born St. Louis, MO. Died 9 May 1979, New York. One Of the First Americans to use twelve tone Technique, in a very melodic way.
    1918- Birthday of Harold Henry “Pee Wee” Reese, famous short stop player for the Brooklyn Dodgers, who I saw play often. Died August 14,1999 
(perhaps my favorite personal baseball player, captain of the team, short stop. Readers probably get sick of me saying how baseball players would stay after games to autographs balls or pictures for free, thank you for coming to the game. )
    1924-Birthday of African American physician Louis Tompkins Wright. Louis Tompkins Wright, a young African American physician interning at Freedmen’s Hospital in Washington, DC, created a way to observe the Schick test on darkly pigmented skin. His discovery opened the way for the immunization of people of color against diphtheria and contributed to saving countless lives.
    1925-Lou Gehrig of the New York Yankees hit the first grand slam of his career as the Yankees defeated the Washington Senators, 11-7. Gehrig hit 22 other grand slams and still holds the major league record.
    1930-Tenor saxophone player Richie Kamuca Birthday
    1934-Birthday of Roman Catholic Cardinal James Gibbons, champion of labor and advocate of the separation of church and state, was born to Irish immigrants in Baltimore, Maryland.
( lower part of: )
    1934-Birthday of soprano sax player Steve Lacy, New York, NY.
    1935-Birthday of Cleveland Duncan, lead singer of the 1950's rhythm-and-blues group, the Penguins, was born. The Los Angeles-based Penguins were responsible for one of the great r-and-b songs of the decade, 1954's "Earth Angel," which by 1966 had sold four-million copies. The record went to number eight on the Billboard pop chart, but a white Canadian group, the Crew Cuts, had an even bigger pop hit when they covered "Earth Angel" in 1955. "Earth Angel" hit the Billboard Hot 100 again in 1986 in a revival by the New Edition.
    1936- birthday of Don Drysdale, elected to the Baseball Hall of Fame in 1984. He was a pitcher for the Brooklyn and Los Angeles Dodgers from 1956 to 1969, compiling a Won-lost record of 209—166 with a career ERA of 2.95. Following his Playing career he became successful and popular broadcast announcer for the Chicago White Sox and then the Dodgers. He was born at Van Nuys, CA, and died at Montreal, Canada, July 3, 1993.
    1941-Sonny Dunham records big band version of “Memories of You.” 
    1943-birthday of guitarist/song writer Tony Joe White, Oak Grove, LA
    1944--BOYCE, GEORGE W. G., JR. Medal of Honor
Rank and organization: Second Lieutenant, U.S. Army, 112th Cavalry Regimental Combat Team. Place and date. Near Afua, New Guinea, 23 July 1944. Entered service at: Town of Cornwall, Orange County, N.Y. Birth: New York City, N.Y. G.O. No.: 25, 7 April 1945. Citation: For conspicuous gallantry and intrepidity at risk of his life above and beyond the call of duty near Afua, New Guinea, on 23 July 1944. 2d Lt. Boyce's troop, having been ordered to the relief of another unit surrounded by superior enemy forces, moved out, and upon gaining contact with the enemy, the two leading platoons deployed and built up a firing line. 2d Lt. Boyce was ordered to attack with his platoon and make the main effort on the right of the troop. He launched his attack but after a short advance encountered such intense rifle, machinegun, and mortar fire that the forward movement of his platoon was temporarily halted. A shallow depression offered a route of advance and he worked his squad up this avenue of approach in order to close with the enemy. He was promptly met by a volley of hand grenades, 1 falling between himself and the men immediately following. Realizing at once that the explosion would kill or wound several of his men, he promptly threw himself upon the grenade and smothered the blast with his own body. By thus deliberately sacrificing his life to save those of his men, this officer exemplified the highest traditions of the U.S. Armed Forces. 
    1944--*EUBANKS, RAY E. Medal of Honor
Rank and organization: Sergeant, U.S. Army, Company D, 503d Parachute Infantry. Place and date: At Noemfoor Island, Dutch New Guinea, 23 July 1944. Entered service at: LaGrange, N.C. Born: 6 February 1922, Snow Hill, N.C. G.O. No.: 20, 29 March 1945. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty at Noemfoor Island, Dutch New Guinea, 23 July 1944. While moving to the relief of a platoon isolated by the enemy, his company encountered a strong enemy position supported by machinegun, rifle, and mortar fire. Sgt. Eubanks was ordered to make an attack with 1 squad to neutralize the enemy by fire in order to assist the advance of his company. He maneuvered his squad to within 30 yards of the enemy where heavy fire checked his advance. Directing his men to maintain their fire, he and 2 scouts worked their way forward up a shallow depression to within 25 yards of the enemy. Directing the scouts to remain in place, Sgt. Eubanks armed himself with an automatic rifle and worked himself forward over terrain swept by intense fire to within 15 yards of the enemy position when he opened fire with telling effect. The enemy, having located his position, concentrated their fire with the result that he was wounded and a bullet rendered his rifle useless. In spite of his painful wounds he immediately charged the enemy and using his weapon as a club killed 4 of the enemy before he was himself again hit and killed. Sgt. Eubanks' heroic action, courage, and example in leadership so inspired his men that their advance was successful. They killed 45 of the enemy and drove the remainder from the position, thus effecting the relief of our beleaguered troops.
    1947-Birthnday of Don Imus, radio personality (IMUS in the Morning)
    1947 - David Essex (David Cook) is born in London. His biggest hit is the million-selling No. 5 single ``Rock On.''
    1948—Top Hits
You Can’t Be True, Dear - The Ken Griffin Orchestra (vocal: Jerry Wayne)
Woody Woodpecker Song - The Kay Kaiser Orchestra (vocal: Gloria Wood & The Campus Kids)
It’s Magic - Doris Day
Bouquet of Roses - Eddy Arnold
    1950- The “Gene Autry Show” premiered on television. The popular CBS western ran for six years starring movie actor Gene Autry. Along with sidekick Pat Buttram. His horse’s name was Champion. Autry helped bring criminals to justice. He later founded the California Angel’s baseball team (a statue of him is at the Anaheim stadium). He has a museum of Western History
    1951 - No. 1 Billboard Pop Hit: ``Come on-a My House,'' Rosemary Clooney.
    1951--American composer John Carbon born Chicago, IL.
    1956—Top Hits
The Wayward Wind - Gogi Grant
Hound Dog/Don’t Be Cruel - Elvis Presley
Whatever Will Be Will Be (Que Sera Sera) - Doris Day
I Walk the Line - Johnny Cash 
    1960-Betsy Rawls became the first golfer to win the US Women’s Open four times, adding the 1960 title to those won in 1951, 1953 and 1957.
    1962 - The "Telstar" communications satellite sent the first live TV broadcast to Europe. It was used to send TV programs between the United States and Europe
   1963- High school student Neil Young and his band, the Squires, enter a Winnipeg, Manitoba, Canada studio to record their first single, a surf instrumental called "The Sultan."
    1964—Top Hits
Rag Doll - The 4 Seasons
Can’t You See that She’s Mine - The Dave Clark Five
The Girl from Ipanema - Stan Getz/Astrud Gilberto
Dang Me - Roger Miller
    1965-In a 5-1 win over the Mets, Phillies' first baseman Dick Stuart homers at Shea Stadium becoming the first player to have gone deep in 23 major league ballparks
    1965 - President Lyndon B. Johnson, in the course of discussions about what to do concerning the deteriorating situation in Vietnam, is told by some that he should give the American public all the facts, ask for an increase in taxes, mobilize the reserves, and declare a state of national emergency in the United States. Johnson rejected this approach, and informed his staff that he wanted any decisions implemented in a "low-key manner" in order to avoid an abrupt challenge to the communists, and to avoid undue concern and excitement in Congress and in domestic public opinion. During these discussions, Secretary of Defense Robert McNamara urged the president to "expand promptly and substantially" the U.S. military presence in South Vietnam. Johnson, not wanting to "lose" Vietnam to the communists, ultimately accepted McNamara's recommendation and authorized a total of 44 U.S. battalions in South Vietnam, which led to a massive escalation of the war.
    1966 - Frank Sinatra hit the top of the pop album chart with his "Strangers in the Night". It was the first #1 Sinatra LP since 1960. The album’s title song had made it to number one on the pop singles chart on July 2nd. 
    1966--A recording engineer named Jerry Samuels, who billed himself as Napoleon XIV, hit the top of the Billboard chart with a novelty song called "They're Coming to Take me Away, Ha-Haaa!" The song was banned by many US radio stations because it seemed to make fun of the insane.
    1967- Forty-three killed in racial rebellion in Detroit (2,000 injured, 442 fires).
    1969- James Brown walked out of Los Angeles Mayor Sam Yorty's office when the mayor failed to show up on time to present him with a proclamation for James Brown Day
    1970-*LUCAS, ANDRE C. Medal of Honor
Rank and organization: Lieutenant Colonel, U.S. Army, 2d Battalion, 506th Infantry, 101st Airborne Division. place and date: Fire Support Base Ripcord, Republic of Vietnam, 1 to 23 July 1970. Entered service at: West point, N.Y. Born: 2 October 1930, Washington D.C. Citation: Lt. Col. Lucas distinguished himself by extraordinary heroism while serving as the commanding officer of the 2d Battalion. Although the fire base was constantly subjected to heavy attacks by a numerically superior enemy force throughout this period, Lt. Col. Lucas, forsaking his own safety, performed numerous acts of extraordinary valor in directing the defense of the allied position. On 1 occasion, he flew in a helicopter at treetop level above an entrenched enemy directing the fire of 1 of his companies for over 3 hours. Even though his helicopter was heavily damaged by enemy fire, he remained in an exposed position until the company expended its supply of grenades. He then transferred to another helicopter, dropped critically needed grenades to the troops, and resumed his perilous mission of directing fire on the enemy. These courageous actions by Lt. Col. Lucas prevented the company from being encircled and destroyed by a larger enemy force. On another occasion, Lt. Col. Lucas attempted to rescue a crewman trapped in a burning helicopter. As the flames in the. aircraft spread, and enemy fire became intense, Lt. Col. Lucas ordered all members of the rescue party to safety. Then, at great personal risk, he continued the rescue effort amid concentrated enemy mortar fire, intense heat, and exploding ammunition until the aircraft was completely engulfed in flames. Lt. Col. Lucas was mortally wounded while directing the successful withdrawal of his battalion from the fire base. His actions throughout this extended period inspired his men to heroic efforts, and were instrumental in saving the lives of many of his fellow soldiers while inflicting heavy casualties on the enemy. Lt. Col. Lucas' conspicuous gallantry and intrepidity in action, at the cost of his own life, were in keeping with the highest traditions of the military service and reflect great credit on him, his unit and the U.S. Army.
    1971 - No. 1 Billboard Pop Hit: ``Indian Reservation (The Lament of the Cherokee Reservation Indian),'' The Raiders (formerly Paul Revere and the Raiders). It is the group's biggest hit and last to hit the top 20.
    1972—Top Hits
Lean on Me - Bill Withers
Too Late to Turn Back Now - Cornelius Brothers & Sister Rose
Alone Again (Naturally) - Gilber O’Sullivan
It’s Gonna Take a Little Bit Longer - Charley Pride
    1977--Foreigner's "Cold As Ice" is released.
    1977--"Looks Like We Made It" becomes Barry Manilow's third US chart topper. The song had been written by Richard Kerr, the same man who wrote the music for Manilow's first number one, "Mandy".
    1977 - Judas Priest begins its first U.S. tour in Oakland, Calif., as the opening act for Led Zeppelin.
    1980—Top Hits
It’s Still Rock & Roll to Me - Billy Joel
Little Jeannie - Elton John
Cupid/I’ve Loved You for a Long Time - Spinners
True Love Ways - Mickey Gilley
    1981- Billy Squier earns his first gold album. He has a big hit with his second solo record, "Don't Say No."
    1981 - No. 1 Billboard Pop Hit: ``The One That You Love,'' Air Supply. The group is the first from Australia to hit Billboard's Hot 100.
    1983-"Synchronicity" by The Police went to #1 on the Billboard album chart for the first of seventeen weeks.
    1984 - Miss America, Vanessa Williams, turned in her crown. It had been discovered that she had posed nude for "Penthouse" magazine. Williams, the first black Miss America, relinquished her title to Suzette Charles, the pageant’s runner-up.
    1987 - Thunderstorms produced a record ten inches of rain in six and a half hours at Minneapolis, MN, including 5.26 inches in two hours. Flash flooding claimed two lives and caused 21.3 million dollars damage. Streets in Minneapolis became rushing rivers, parking lots became lakes, and storm sewers spouted like geysers. A tornado hit Maple Grove, MN, causing five million dollars damage. Baseball size hail was reported at Olivia, MN
    1988- Saskatchewan's Dave Ridgway kicks record 8 field goals vs. Edmonton 
    1988 - No. 1 on the Billboard Hot 100 is Richard Marx's "Hold on to the Nights." It is the fourth single from his debut album, and it remains at No. 1 for one week.
    1988—Top Hits
Hold on to the Nights - Richard Marx
Pour Some Sugar on Me - Def Lappard
New Sensation - INXS
Set ’Em Up Joe - Vern Gosdin
    1989- FOX-TV tops ABC, NBC & CBS for 1st time (America's Most Wanted)
    1989- Ringo Starr begins his first tour since the Beatles stopped touring in 1966, introducing his "All-Starr Band" of Seventies icons in Dallas, TX.
    1992- Bruce Springsteen opens his first U.S. tour since 1988 at The Brendan Byrne arena in the Meadowlands complex in New Jersey. The Boss plays 10 sold out shows in the 21,000 seat arena, with some of the shows going until 1AM
    1995-- Two astronomers, Alan Hale in New Mexico and Thomas Bopp in Arizona, almost simultaneouly discover a comet.
    1996- the first television station to regularly broadcast high-definition television was WRAL, a CBS affiliate in Raleigh, NC. There are many prime time television shows now broadcast in HD, but not many sets sold that will receive the broadcasts. 
    1997- Netware International Bank was shut down by the FBI. The bank had been accused of improperly making loans and collecting deposits over the Internet.
    1999-- NASA's first space mission commanded by a woman. Air Force Colonel Eileen Collins blasted off from Cape Canaveral in a rare night takeoff (12:26 am) and ended five days later (07-27-99) in a rarer night time landing (11:20 pm). On 07-24-99, mission specialist Catherine "Cady" Coleman was in charge of efforts to successfully deploy the $1.55 billion Chandra X-ray Observatory and did most of the delicate deployment herself. It wasn't until the next day that the public learned a fuel leak almost resulted in a highly dangerous, forced night landing. It would have been the first "forced landing" of a U.S. space ship. Captain Eileen Collins handled the crisis perfectly and the mission continued as scheduled.
    2000- Joining his grandfather Gus and father Buddy, Reds' third baseman Mike Bell becomes part of the first three-generation family to play for the same team.
    2000 -The Astros hit four homers off Cardinal hurler Andy Benes to tie the major league record for homers allowed by one pitcher in an inning. The second inning uprising help Houston set a team record for homers in one inning and tie a team record with six home runs for the game.
    2000- After rejecting a trade to the Mets, Reds' All-Star shortstop Barry Larkin agrees three-year, $27 million contract extension that will keep him Cincinnati until 2003.
    2000 - Tiger Woods won the British Open at St. Andrews, Scotland to become the youngest player (24 years of age) to win the career ‘Grand Slam’ of golf (The Masters, PGA Championship, U.S. Open and British Open) and the first to win all four majors since Jack Nicklaus’ victory in the 1966. Woods not only was the youngest player to win the career Grand Slam, he completed it faster than any of the four greats who did it before him. The other players to win the Grand Slam were Gene Sarazen in 1935, Ben Hogan in 1953, Gary Player in 1965 and Jack Nicklaus in 1966 (age 26) at Muirfield. (Nicklaus went on to win the Grand Slam two more times.) Woods finished the British Open at 19-under-par 269, the best score ever at St. Andrews (Nick Faldo shot an 18- under in his 1990 win), and the lowest score ever at a major championship.
    2002- Celebrating his 29th birthday by hitting three homers Boston's 22-4 rout of the Devil Rays, Nomar Garciaparra ties the major league record becoming the 26th player to hit five home runs in two games. It was Red Sox shortstops second three-homer game, who also accomplished the feat against the Mariners on May 10, 1999.
    2005-- At San Francisco SBC Park, uniform number 36 is added to the second deck of the left field bleachers joining nine others as the Giants honor Gaylord Perry. The Hall of Famer, who won 134 of his 314 career victories with San Francisco, remembers his 37-year old son, Jack, who died last month of complications from leukemia.
    2006—It was predicted to hit 110 degrees in Los Gatos/Saratoga. We have never experienced more than one day over a triple digit weather, especially so high, so we took off early for the beach area, driving to Carmel, where it was 68 when he got there, and never went over 70 degrees. We took the dog, who really enjoyed Carmel-by-Sea, where dogs are welcome and most stores have water bowls and treats for dogs and welcome them into the store, and restaurants.





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- Leasing Brokers: When May You Collect a Commission?
- Is Long Term Leasing Dead?
- 5 Ways Women Are Better Bosses Than Men
- Balboa Capital, Irvine, California
   $20,543.22 Bulletin Board Complaint
   Alleged “Bait and Switch”
- Female Lease Finance Association Presidents
- Terry Winders, CLP, Custom Built Poker Tables
   ---Order One for Father’s Day
- Broker’s Responsibility to Obtain
    California Lender’s License
- The Day that Albert Einstein Feared May Have Finally Arrived
- Equipment Finance Agreements Explained/Barry S. Marks
- Chat Acronymns and Keyboard Smilies
- Royal Links "True Lease" Court Ruling
- "The Memory Shock" –New Book by Barry Reitman
- Four Software Solutions
    re: Digital device/Laptop Lost or Stolen!
- Mazuma and Republic Bank Get Snared on PRR Provision
   by Tom McCurnin, Esq.
- Companies who utilize Evergreen Clauses for Extra Lease Payments
- Jeff Taylor's Leasing Predictions, Spring, 2006
- Radiance Capital, Tacoma, Washington
   Bulletin Board Complaint 
   Purchase Option on EFA, Won’t Return $5,000 S.D.
- New Case against Mazuma Capital and Republic Bank
  ---Automatic Evergreen Payment---PPR
- Republic Bank out of leasing?
- Charles Schwartz and Allied Health
- Copier Wars---It's more than the lease payment
    by Christopher Menkin
- Leasing Gypsies
- OneSource Develops Business License Software
- Talk About Chutzpa, Fanghella has more than Trump
- Verifying Tax Returns
- Special Report: Part I
   Could Church Kiosks, Royal Link Carts, NorVergence results been avoided?

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

   Equipment Lease Agreement (EFA)
- California License Web Addresses
- Settlement Costs vs. Litigation Costs