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Leasing News is a web site that posts information, news, and
entertainment for the commercial alternate financing,
, finance and leasing industries

Senior Credit Analyst

- Minimum 5 years of small ticket/high volume equipment finance underwriting experience preferred
- Relocation benefits available for the right candidate
- For a complete job description, please click here

Senior Credit Analyst - Transportation

- Minimum 5 years of small ticket/high volume equipment finance underwriting experience preferred
- Relocation benefits available for the right candidate
- For a complete job description, please click here
Established in 1982, Pawnee Leasing Corporation located in Fort Collins, CO specializes in commercial equipment leasing and financing up to $150,000 to smaller, closely-held business enterprises. Pawnee Leasing is a U.S. subsidiary of Chesswood Group Limited, a publicly-held specialty financial services company based in Toronto, Canada (TSX:CHW).

Friday, July 8, 2016

Today's Equipment Leasing Headlines

Ascentium Capital Reports Strong 2nd Quarter Growth
  $225.4 Million Funding
New Hires/Promotions in the Leasing Business
  and Related Industries
Leasing Industry Ads---Help Wanted
Several Positions Available
Four New CLFPs Passed the Test
Foundation Reaches 348 Active
Google’s RankBrain & “Pay Per Click”
FinTech #102 by Brittney Holcomb
The Shallows/Three/Midnight Special
Embrace of the Serpent/Fantastic Planet
Movie/Digital Reviews by Fernando Croce
Labrador Retriever Mix
Northbrook, Illinois  Adopt-a-Dog
Leasing Conferences---Updates
   New Information
News Briefs---
Idaho Attorney General Approves Settlement w/PCPC Leasing
     Accused of Misleading Idaho Businesses
Where Have All the Giants Gone? The Rise and Fall
     of U.S. Industrial Segment Lessors
Fed held its fire over concern about weak jobs report
     and Brexit vote
Berlin bids to replace London
   as post-Brexit fintech capital
J.P. Morgan’s historic connection to Paris
  Jamie Dimon may move Thousands of Jobs from UK
New Growth Plan for Online Lenders: Layoffs
"Cuts workforces as they anticipate prolonged period of difficulty"
Deutsche Bank Pulls Back from Deals in Coal Mining Sector
  Many Banks and Other Lenders Making Hasty Retreat
What doctors need to know about buying
     Versus Leasing Equipment
Bait shortage could impact lobster industry
  Not Enough Herring to use as Bait

Broker/Funder/Industry Lists | Features (writer's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months (Be Careful of Doing Business)
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          This Day in American History
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                 Traffic Live----


######## surrounding the article denotes it is a “press release” and was not written by Leasing News nor information verified, but from the source noted. When an article is signed by the writer, it is considered a “by line.” It reflects the opinion and research of the writer.




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

Ascentium Capital Reports Strong 2nd Quarter Growth
$225.4 Million Funding

 KINGWOOD, TX – Ascentium Capital, a national commercial lender providing comprehensive finance solutions, announces funding $225.4 million during 2Q16 which includes a record month in June with origination volume representing 30% growth over the same period last year. 

Second quarter of 2016 also marks the 18th consecutive quarter the company achieved profitability. Ascentium Capital’s performance is driven by diversified clients, high credit quality, and the ability to manage risk.

President, CEO
Ascentium Capital

 “This is a time of transformation that is driven by the benefits of technology and our tenured employees," said Tom Depping, Chief Executive Officer at Ascentium Capital. "We are well-positioned to help our customers, business partners, and investors attain maximum value from our finance programs.”

Richard Baccaro
Chief Sales and Marketing Officer
Ascentium Capital

 “Our strong results are proof that we are executing on our strategy to take market share," said Richard Baccaro, Chief Sales and Marketing Officer at Ascentium Capital. "Our specialized finance associates develop relationships in ways that grow client loyalty.”

As a direct lender, Ascentium Capital LLC specializes in providing a broad range of business financing, leasing and small business loans. The company’s offering benefits equipment manufacturers and distributors as well as direct to businesses nationwide. Ascentium Capital is the nation’s third largest private-independent finance company by volume and is backed by the strength of leading investment firms Vulcan Capital and LKCM Capital Group, LLC. For more information, visit

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



New Hires/Promotions in the Leasing Business
and Related Industries

Jeff Clark was hired by Key Equipment Finance, Superior, Colorado,
as "director for the company’s large corporate team. In this role, Clark will support KeyBanc Capital Market's Consumer Segment by generating new business and originating large-ticket equipment finance opportunities for bank clients."  He is located in Titusville, New Jersey. Previously, he was Vice President, De Lage Landen, Rabobank (June, 2004-June, 2016). Managing Director, Kramer, Clark and Company (March, 1991 – June, 2004). Education: Michigan State University, Bachelor of Science (BS). Western Michigan University, MBA.

Mark Erickson was promoted to SVP - Acquisitions & Market Development, SquareTwo Financial Corporation, Greater Denver Area.  He joined the firm in December, 2010 and prior position was sourcing consumer and small business distressed debt investment opportunities for the firm. SVP/Line of Business Leader - Commercial Funding.  Previously, he was Chief Operating Officer, Sustainable Cards LLC (December 2009 – December 2010). He joined Key Equipment Finance, Australia Pty Ltd, October, 2010; promoted 2001, VP Risk Management Asia-Pacific; promoted December, 1994, Senior Vice President.  Prior, he was VP - Commercial Lending, Colorado National Bank (now US Bank) (1994 – 1997). Education: Washington University in St. Louis - Olin Business School, MBA, Finance & Marketing (1989 – 1991). University of Denver, BA, International Politics (1984 – 1988). Activities and Societies: Graduated with Honors, Kappa Sigma Fraternity President

Mark Farlin was hired as Vice President, Head of Healthcare, TCF Equipment Finance, Greater San Diego Area.  Previously, he was Senior Vice President, Managing Director of Sales and Marketing, First National Capital Corporation (December, 2014 – June, 2016); Senior Vice President-Business Development Officer, HFG Healthcare Finance Group (May, 2014 – December, 2014); Director, Sales & Corporate Accounts, Olympus (August, 2008 – May, 2014); Vice President, CitiCapital Healthcare & Energy Division, Citigroup (June, 2004 – August, 2008); He joined GE Healthcare Financial Services, July, 2000, as Western Regional Sales Support Manager; promoted, October, 2001, Vice President, Financial Services Account Manager; promoted, March, 2003, Vice President, Senior Account & Business Development Manager. Member: Equipment Leasing and Finance Association. Healthcare Financial Management Association. Education: University of Southern California - Marshall School of Business BS, Marketing and Minor in Communications (1992 – 1997); Activities and Societies: USC Football Letterman, Scholarship Athlete California State University-Fullerton, MBA, Management and International Business (2000 – 2001). Manhattan High School
(1988 – 1992).

Milton Iskra was hired as Managing Partner, Spark-Binder Capital, LLC, Dallas, Texas.  Previously, he was EVP - National Marketing Manager,  NewStar Business Credit (fna CORE Business Credit) (2010 – March, 2016); EVP - (co-founder) - National Marketing Manager, 2007to 2010 CORE Business Credit (October, 2007 – 2010); SVP, Monroe Capital (March, 2004 – October, 2007); SVP, Monroe Capital (March, 2004 – October, 2007); Vice President, Greyhound Financial (changed name to Finova in 1995) (1992 – 1994); Vice President, Westinghouse Credit (1984 – 1991). Education: Humboldt State University, BA & MBA, Management & Finance.

Ernie Morales was hired as Vice President of Customer Success at Key Equipment Finance, Superior, Colorado.  He is based out of Pleasanton, California.  Previously, he was Vice President, ePlus Inc. (2014 – June, 2016); National Director, Technology Finance, LEAF Commercial Capital, Inc. (2013 – 2014); Vice President, Sales Operations and Revenue Management, Avaya (2012 – 2013); President, Global Financial Services, Hitachi Data Systems (April, 1996 – April, 2012); Regional Finance Manager, Amdahl Corporation (1990 – 1995). Languages: Spanish. Education: UCLA Anderson School of Management, Master of Business Administration (MBA), Business Administration and Management, General (1985 – 1987). Cal State Fullerton, Bachelor of Arts (BA), Business Administration/Finance

Attorney Frank Peretore is now a member of Chiesa Shahinian & Giantomasi, West Orange, New Jersey. Paralegal Marlene Meyer has joined the firm. His wife Janis, a founding partner, is retiring as an attorney.  Attorney Bob Chait is exploring other opportunities. Frank Peretore, co-founder of the partnership law firm for 26 years, is a well-known author on financing, author of two books and numerous magazine and on line media. He was named one of the 25 Most Influence Leasing and Finance Attorneys by Leasing News. Education: Georgetown University Law Center (1982 – 1985); State University of New York College at Oneonta, BS, Economics (1978 – 1982).

Elizabeth Perkins was hired as AVP, Capital Markets Documentation Manager, City National Capital Finance. She is based in Parkville, Maryland. Previously, she was AVP, Equipment Finance Documentation Manager, Bridge Funding Group, Inc. (a BankUnited company) (September, 2014 – June, 2016); Senior Operations Consultant, Banc of America Leasing & Capital (October, 2008 – March, 2013); Officer, Documentation Specialist, SunTrust Equipment Finance & Leasing Corp. (2013 – 2013); Documentation Specialist and Inside Sales, GE Capital (November, 2006 – October, 2008); Operations Accountant, JPMorgan Chase (August, 2004 – April, 2005); Asset Manager, GSA Management, LLC (February, 1998 – August, 2004). Education: Wesley College.

Paul Peterman was hired as Sr. Credit Analyst, Element Financial Corporation, Horsham, Pennsylvania.  Previously, he was Global Industry Risk Officer, DLL (June, 2009 – June, 2016); Credit Officer, De Lage Landen Financial Services (March, 2001 – November, 2004); VP-Risk, Wachovia, A Wells Fargo Company (June, 1996 – March, 2001); Senior Credit Analyst, CIT Group (1989 – 1996); Workout officer, Fidelity Bank (October, 1986 – September, 1989); Education: Villanova University, BS, Economics (1982 – 1986).

Don Phillips was promoted to Vice President, Municipal National Sales Leader, Key Equipment Finance, Superior, Colorado. He is located in the San Francisco Bay Area. "Phillips will be responsible for managing the Key Government Finance regional sales team for national vendor programs and direct public sector customers." He joined Key Government Finance in April, 2012.  Previously, he was CFO, CAO and Treasurer, Menlo Church (November, 2010 – April, 2012); Management Consultant, Proteus Environmental Technologies (October, 2008 – February, 2009); VP IT Vendor Programs and National Sales Director, GE Capital (June, 2000 – April, 2008); Leasing Manager, Unisys Leasing Company (1985 – 2000); Manager of Sales Support, Memorex Finance Corp., Memorex (1982 – 1985). Education: The University of Chicago Booth School of Business, MBA, Finance (1980 – 1982). Occidental College, AB, Poly Sci (1976 – 1980).

Steven Schachtel was hired as Senior Vice President, Bank of the Ozarks. He is based out of Woodland Park, New Jersey. “Steve will be responsible for sales and marketing for the eastern half of the US as well as the Healthcare market nationwide,” said Scott Hastings, president of Bank of the Ozarks Equipment Leasing. “Steve’s experience in the industry is unparalleled.” The leasing division of Bank of the Ozarks specializes in originating and structuring commercial leases, loans and finance agreements for U.S. businesses nationwide.  Bank of the Ozarks was recognized as the top performing bank in the United States, based on financial performance, five years in a row (2011, 2012, 2013, 2014, and 2015).  Previously, Schachtel was Senior Vice President, Ascentium Capital (November, 2011-June, 2016); President, US Funding, LLC (December, 2008 – November, 2011); Divisional President, Lakeland Bank (March, 2000 – December, 2008); President, NIA National Leasing (June, 1987 – February, 2000). Education: Drew University, Economics, Economics (1975 – 1979).

Edward J. Siciliano was promoted to Chief Operating Officer of Marlin Business Services Corp., Mount Laurel, New Jersey. He was hired as Chief Sales Officer at the firm October, 2007 and served as Interim Chief Executive Officer from October 2015 until June, 2016. “Ed’s strong leadership was invaluable during the recent management transition period at Marlin,” said Jeffrey A. Hilzinger, Marlin's recently named  CEO.  “With this promotion, Ed will become responsible for and have control over Marlin’s entire customer experience and will build on our positive momentum toward achieving Marlin’s strategic goals and initiatives.” Previously, Mr. Siciliano was VP Sales and Marketing ALK Technology (September, 2002 – September, 2007); SVP Sales and Marketing, AppliedTheory (January, 1997 – September, 2002);
Sales Management, Xerox (December, 1985 – December, 1996).
Education: Rutgers, The State University of New Jersey-Newark
BS, Marketing (1981 – 1985).

James Teal was hired as COO - Vendor Services Division, Hitachi Capital America Corp., Edina, Minnesota.  The company purchased Creekridge Capital, where he served as COO (March, 2007- May, 2016).  Previously, he was EVP, Finance & Operations, Sunrise International Leasing Corporation (December, 1993-August, 2006); Assistant Controller, Space Center (June, 1990 – December, 1993); Auditor, Arthur Andersen & Co (1986 – 1990). He is Director of the Peter J. King Family Foundation (2007-Present). Director, Christian Cyber Ministries, 2015. He is an "inactive" Certified Public Accountant, State of Minnesota. Education: The University of South Dakota,
BS, Accounting (1982 – 1986). Activities and Societies: Sigma Alpha Epsilon

Ed Testa was hired as Vice-President, Axis Capital, Grand Island, Nebraska. He is based out of Greater Boston Area. Previously, he was Sales, Graphic Arts Capital (January, 2011 – June, 2016); Manager, Champion Capital (2010 – July, 2010); Vice President, Sales, Greystone Equipment Finance (January, 2007 – April, 2009); President, Champion Capital Corporation (2001 – 2006); Vice President, BankVest Capital Corporation (1998 – 1999); Vice President, Sales, Champion Credit Corporation (1991 – 1997). Education: Boston College, Bachelor, Finance/Marketing (1973 – 1977). Graduated cum laude in 1977 with a degree in General Management with concentrations in finance and marketing. Winthrop High School.

Jeff Van Slyke was promoted to President, LeaseTeam, Inc., Greater Omaha Area.  He joined the firm April, 2004, as Product Manager; promoted March, 2006, Vice President; promoted July, 2014, EVP & Chief Business Development Officer.  He started his career at LeaseTeam as Account Manager (June, 1994-December, 1996); Controller, Technology Credit Corporation (December, 1996-March, 2000).  Joined Novellus System as Sales & Marketing Controller, March, 2000; promoted March, 2001, Customer Service Controller; promoted March, 2002, Director of Finance. Education: University of Nebraska at Omaha, MBA (2006 – 2008). University of Nebraska, Lincoln, BA, Accounting (1989 – 1993).




Leasing Industry Ads---Help Wanted
Positions Available for the Right Person

channel partners capital top20

Channel Partners Capital was formed in 2009 by a group of leasing professionals to work exclusively in the equipment finance market helping brokers/lessors gain access to working capital solutions for their customers. As a direct lender we provide small business loans that range in size from $10,000 to $250,000.

Inc. Magazine 500/5000 fastest growing private companies for 4 consecutive years
100 Best Companies to Work for in Minnesota by Minnesota Business Magazine

channel partners capital
channel partners capital
channel partners capital
channel partners capital top20


National Sales Representative
This position will be responsible for volume growth through existing and new third party relationships (TPRs). The NSR is the primary contact with TPRs actively managing customer contact, expectations, new product/program development and the sales pipeline. Nationwide scope with travel required from 25-50% of time.

Inside Sales Representative
This position is responsible for volume growth through existing and new third party relationships (TPRs). The ISR, supports assigned TPRs actively managing customer contact, expectations, new product/program development and the sales pipeline.

Please email cover letter and resume to:

channel partners capital
channel partners capital top20 channel partners capital

Senior Credit Analyst

- Minimum 5 years of small ticket/high volume equipment finance underwriting experience preferred
- Relocation benefits available for the right candidate
- For a complete job description, please click here

Senior Credit Analyst - Transportation

- Minimum 5 years of small ticket/high volume equipment finance underwriting experience preferred
- Relocation benefits available for the right candidate
- For a complete job description, please click here
Established in 1982, Pawnee Leasing Corporation located in Fort Collins, CO specializes in commercial equipment leasing and financing up to $150,000 to smaller, closely-held business enterprises. Pawnee Leasing is a U.S. subsidiary of Chesswood Group Limited, a publicly-held specialty financial services company based in Toronto, Canada (TSX:CHW).


Inside Sales Manager
San Francisco

We are currently seeking qualified talent to be primarily responsible for overseeing the Inside Sales Department within the Vendor business group of the Equipment Finance Division, while developing and improving policies and procedures to properly support high production volume.

For more information
click here



Four New CLFPs Passed the Test
Foundation Reaches 348 Active

Four Individuals sat and passed the Certified Lease and Finance Professional Foundation CLFP Exam:

Don Cosenza, CLFP
Chief Marketing Officer
North Mill Equipment Finance

Randy Hollowell, CLFP
National Accounts Representative
Celtic Commercial Finance

Claudine Matian, CLFP
Vice President, National Accounts
– Celtic Commercial Finance

Christine Underwood, CLFP Associate
Marketing Associate
Allegiant Partners, Inc.

"As a marketing professional, it’s imperative to have an understanding of the fundamentals that drive the industry in which you operate," said Don Cosenza, CMO at North Mill Equipment Finance. "Given that I spent a large percentage of my career in health care, leasing was uncharted territory for me.  But I was confident that the CLFP designation would provide me with the background necessary to transition and, as such, market more effectively for North Mill. 

"I couldn’t be happier with my decision."

Up-Coming Classes

Philadelphia Area (three seats available)
Academy for Lease & Finance Professionals -
Thu, September 22, 2016 8:00 AM (PDT) End. Sat.  • Desmond Hotel

Denver Area
Academy for Lease & Finance Professionals -
Thu, November 03, 2016 8:00 AM (PDT) End. Sat.• Littleton, CO

Northeast Area
St. Cloud, Minnesota
Thu, February 23, 2017 8:00am End. Sat.

CLFP also has a mentor program.

List of Companies with Two or More CLFPs:

The CLFP designation identifies an individual as a knowledgeable professional to employers, clients, customers, and peers in the equipment finance industry. There are currently 348 active Certified Lease & Finance Professionals and Associates throughout the world.

For more information, call Executive Director Reid Raykovich, CLFP at (206) 535-6281 or visit




Google’s RankBrain & “Pay Per Click”
FinTech #102 by Brittney Holcomb

What would be a change in seasons without a new Google update? As Google continues to change, we must change as well to remain current.

RankBrain; Google’s New A.I.

What is RankBrain? RankBrain is Google’s most recent addition to their overall algorithm. Google’s ‘algorithm’ is their set of defined factors they use to determine how to rank websites accordingly for certain keywords.

The newest addition to the algorithm; RankBrain is an artificial intelligence designed to help better interpret and translate searches made by a user to find the best results / web pages for that user based on the search keywords or phrases based on patterns in their previous search usage.

With the increase in voice searches over the last year (users who are using their voice activated smartphones to find information on the internet) search queries have become much more complicated for Google to find relevant web pages for.

Google will use RankBrain to look at data from past searches made by a user and try to predict what results will match future searches. It is able to make connections between unconnected and complex searches to understand how they are similar.

For example, if a user searches for “buy numerical control drill” and ‘$50,000 numerical control drill for sale’, RankBrain will recognize other items that relate to the process of purchasing this equipment and may start presenting the user with websites where they can find out more about “obtaining financing or websites about ‘renting or leasing’.”

Even though Google has been testing RankBrain since 2015, they have officially confirmed that RankBrain will now contribute to where pages rank in the search results. 

So what does this mean for small businesses and marketers?

Content and links: Google’s top 2 most important ranking factors need to be relevant and more long tail focused to optimize for RankBrain; now Google’s 3rd most important ranking factor. Content should be created as answers to search queries made by searchers. Stop optimizing content for short tail keywords like “numerical control drill” and start optimizing for long tail keywords such as “How to obtain a numerical control drill in Chicago, Illinois?”

Paid Ads Go Green…Literally.

I had noticed awhile back that Google was testing out a new color for the ‘Ad’ tag on all PPC ads. The old yellow tag had become an easy cue for searchers to know what results are paid and which are organic. With the new green color, that cue may not be as obvious. Good news for anyone who advertises with pay per click!

The new green ad color almost replicates how the organic search results appear. Go ahead and check for yourself right now. You will notice that the paid results now blend in with the organic search results.

Guess what the best part about the new ad color is? Increased conversions!  

Since the new ads portray the look of organic search results, more users are likely to click on them, leading to more opportunity for conversions for pay per click advertisers. I am not trying to give a hint or anything but if you are looking to increase your visibility on Google quickly, I would definitely consider “Pay Per Click” marketing.

While the roll out of the green ad color is fairly new there are a few case studies available to view about businesses that have already is seen increased conversions since the change.

Even though there is no certainty that Google will keep the green ad color permanently, it definitely offers an advantage right now for small businesses to compete with larger organizations that dominate the top organic search results. 

As technology continues to advance, searchers are changing the way they obtain information and find what you can do for them. As frustrating as the constant Google updates can be for all of us to keep up with, it really does help businesses adapt to being visible in areas where they are searching.


Brittney Holcomb is the Director of Paid Search at The Finance Marketing Group. She works exclusively with finance companies and banks to help better develop their business online through digital marketing strategies. Brittney has been trained by some of the top leaders in the industry giving her a vast knowledge she is able to pass along to her client base.



Previous Financial Technology Articles



Fernando's View
By Fernando F. Croce

A pair of cackling action offerings (“The Shallows,” “Three”) makes for a choice summer trip to theaters, while DVD releases offer offbeat sci-fi ("Midnight Special"), absorbing drama ("Embrace of the Serpent"), and trippy animation ("Fantastic Planet").

In Theaters:

The Shallows (Columbia Pictures): Action specialist Jaume Collet-Serra (“Unknown,” “Non-Stop”) serves up another bit of ingenious suspense with this lean account of primal survival, featuring a vivid turn by Blake Lively. Lively stars as Nancy, a young traveler from Texas who, getting away from some personal matters at home, hopes to find relaxation in an isolated beach in Mexico. The idyllic surf soon darkens, however, when a marauding shark circles the waters, leaving the heroine stranded on rocks. With only a wounded seagull by her side and the tide rising by the minute, Nancy can depend only on her own skills to make it out alive. Stripping plot down to the basics, Collet-Serra’s film creates a modestly scaled but undeniably visceral tale of primal fears and triumphs.

Three (Well Go USA Entertainment): The latest from Hong Kong virtuoso Johnnie To (“Drug War”), this vigorous thriller showcases plenty of his trademark flair and ingenuity. Set in familiar To terrain of cops and criminals, the twisty story hinges on a daring plan orchestrated by Shun (Wallace Chung), a gang leader who wounds himself in order to stall for time at a hospital and distance himself from crime accusations. While Shun’s minions carry on with his illegal activities, police detective Ken (Louis Koo) scrambles to keep him from getting away, resulting in an escalating battle of wits. Expertly building tension between the antagonists and the systems they cunningly represent, To blends exhilarating action with a thoughtful snapshot of the nation’s warring forces at play. With subtitles.

Netflix Tip: A promising talent who’s left us much too soon, Anton Yelchin (1989-2016) could always be counted to approach his performances with offbeat detail and a gentle touch. So check out some of his best roles on Netflix, including “Hearts in Atlantis” (2001), “Star Trek” (2009), “Fright Night” (2011), and “Only Lovers Left Alive” (2013).


Midnight Special (Warner Bros.): Science-fiction is not a genre that promptly comes to mind when director Jeff Nichols ("Mud") is mentioned. Yet his brand of gritty naturalism embraces the otherworldly with surprising ease in this gripping, exceptionally confident thriller. Michael Shannon, Nichols' favorite leading man, turns in another impressive turn as Roy Tomlin, first seen kidnapping a boy who turns out to be his son Alton (Jaeden Liebeher), an 8-year-old who's been kept under surveillance due to his strange powers. Joined by his ex-wife Sarah (Kirsten Dunst), he continues to run from one hideout to another, all while being chased by government agents as well as members of a religious sect. Mixing Nichols' previous concerns about family with fantastic elements that have reminded several critics of early Steven Spielberg, the film is tense, evocative, and ultimately moving.

Embrace of the Serpent (Oscilloscope): History and legend mix absorbingly in this acclaimed Colombian adventure drama, which sets up a dual, decade-spanning and brain-teasing narrative. In the intertwined stories, set in the 1900s and the 1940s, two anthropologists named Theo (Jan Bijvoet) and Schultes (Brionne Davis) are guided through murky territory by a shaman known as Karamakate (played by Nibio Torres and Antonio Bolivar). The last surviving member of the Cohiuano tribe, Karamakate comes to embody the magical spirit of the jungle, leading these two visitors down an increasingly dreamlike path. Directed by Cirio Guerra and nominated for the Best Foreign Oscar, the film unfolds as a tantalizing voyage into the soul of a mysterious natural world, weaving its spell on the story’s explorers and on audiences alike. With subtitles.

Fantastic Planet (Criterion): Animation doesn’t get much trippier than this French cult favorite from 1973, which uses cutout stop-motion to illustrate a captivating science-fiction allegory. Set in the distant future in the planet Ygam, the plot follows the clash between people brought from Earth and the planet’s presiding creatures, gigantic blue humanoids named Draags. At the center is a young human named Terr, who goes from being a pet to the Draags to the leader of a daring rebellion. Can the two species find a way to bridge their differences, or are they doomed to stay locked in rituals of domination and revolt? Overflowing with  surreal characters and locations, director Rene Laloux’s film creates a woozy, dreamlike mood to sustain its metaphors of intolerance and revolution.


Labrador Retriever Mix
Northbrook, Illinois  Adopt-a-Dog

Animal ID   20618856
Species: Dog
Breed: Retriever, Labrador/Mix
Age: 6 years 11 months 6 days
Sex: Male
Size: Medium
Color: Black/White
Declawed: No
Housetrained: Unknown
No Small Kids
Adoption Price: $250.00

"If Heartland had a yearbook Blade would definitely win Best Smile! Blade has this unique habit of showing all his teeth to show he's happy and he can even do it with the command "Smile!” Some might mistake this for a sign of aggression but some dogs do smile, and Blade is one of them! It's the cutest thing ever. Blade is approximately 6 years old and weighs right around 40 pounds. Blade came to Heartland all the way from Miami and he certainly had a tough life before we got him. Blade has scars on his side and stomach, and he also does not like to be touched around the neck or back end if he does not know you. Blade does not like most other dogs and will attempt to pull towards them on walks, but with his new harness on he is very responsive to his walker's direction. Other than that Blade is very well leash-trained, and knows his commands well.

‘He's very treat motivated which makes him even easier to train! When Blade accepts you into his heart all he wants is to smile for you, give kisses, and try to sit on your lap. Because Blade has been mistreated in the past, he needs an owner who will understand his issues and give him time to adjust. Please open your heart to this deserving dog."


Heartland Animal Shelter is located at
2975 Milwaukee Ave. Northbrook, IL. 60062
Phone: 847-296-6400

Mon: Closed
Tues: 4-7PM
Wed: Closed
Thur: 4-7PM
Fri: 4-7PM
Sat: 12PM-4PM
Sun: 12PM-4PM

Adopt a Pet



Leasing Conferences---Updates
New Information


September 16-17, 2016
2016 Eastern Regional Meeting
Cincinnati Airport Marriott
Hebron, KY
Conference Chair:
Rodny Blecha, Precision Leasing

CFLA 2016 Program

Hotel Accommodations


First delegate $1,390
Second delegate $1,325
Third delegate $1,260
Fourth delegate FREE
Additional delegate $1,260
Daily rate - Wednesday $585,
Thursday $775, Friday $295
Chairman's Banquet Only $185
Companion’s registration $365

First time $1,390
Second-time + $1,810
Daily rate - Wednesday $715,
Thursday $905, Friday $425
Chairman's Banquet Only $285
Companion's registration $525
Students $25



Second Annual Conference
Announcing Our Second Annual 
October 4th - 6th, 2016
Red Rock Casino & Resort
Las Vegas, Nevada

Christopher "Kit" Menkin, Leasing News, will be speaking
at the “Reporters Viewpoint” panel discussion to address the whole conference about the state of the leasing industry.

Kris Roglieri, Co-Founder of NACLB, says: "I think it would be wise for anybody to attend that provides capital to businesses or brokers capital to businesses. It does not matter what form of capital it is (leasing, working capital, factoring, etc.)...almost 90 percent of brokers and lenders are in the business financing space."

However, the primary benefit of the conference will be to provide enormous growth opportunities for both brokers and bankers to grow their loan portfolios and increase revenues and profits.

Go to our website for more information:

Q&A with Kris Roglieri Co-Founder of NACLB



October 5 – 7
Chicago Marriott Magnificent Mile
Chicago, Illinois

Attendee Registration Rate



October 6-8, 2016
NEFA 2016 Funding Symposium
Radisson Blu Mall of America

The NEFA conference hotel is just five miles from the Minneapolis-Saint Paul International Airport which has direct flights to one hundred and fifty-five other cities and connections to hundreds more. It’s also convenient to both downtown Minneapolis and downtown Saint Paul.

Chairperson for the 2016 Funding Symposium is Jim Peach, CLFP, VP/Sales Manager, Stearns Bank, in Albany, Minnesota. Working with a dedicated team of volunteers, the Chairperson pulls together the educational lineup of the conference.

Said Jim Peach, “we get great feedback from the attendees following each NEFA conference and we’ve used that to focus our educational sessions on things that are both timely and important to NEFA Members.”


For more information, visit: 
or call: 847-380-5050.


October 23 -25th
2016  55th Annual Conference
Palm Desert Springs
Palm Desert, California

Monday, August 1, 2016
Deadline for early-bird discount on convention registration fee. Note: To take advantage of the discount, you must also reserve your accommodations at the JW Marriott Desert Springs.

Monday, September 19, 2016
Last day to receive the special ELFA convention rate for your accommodations at the JW Marriott Desert Springs.

Monday, October 10, 2016
Last day for mail-in and online registrations. After this date registrations can be made on-site. Please note: There are no refunds of registration fees after this date.

Keynote speaker Joe Scarborough will provide timely analysis 
and insight into the upcoming presidential and congressional elections.


October 23 – 26
Las Vegas, Nevada
(75% of exhibit space/sponsorship booked)

October 24-26, 2016
100th Anniversary Annual Meeting
American Financial Services Association
The Breakers Palm Beach
Palm Beach, Florida

Join us for the latest on the political landscape, compliance and regulatory challenges, business trends, and enjoy plenty of networking opportunities.

Sessions will cover the overall industry challenges as well as operational issues relevant to specific market sectors. The final day of the meeting - called Spotlight Compliance - will shine light on the ever changing legal, regulatory and compliance realms that are so important in today's financial businesses.

 AFSA’s 350 members include consumer and commercial finance companies, vehicle finance/leasing companies, mortgage lenders, credit card issuers, industrial banks and industry suppliers. The association was founded in 1916 as the American Association of Small Loan Brokers. The group formed to promote state laws that would make small loans more readily available to average Americans, who had few options at the time to receive small personal loans.


November 11-12, 2016
2016 Western Regional Meeting
Doubletree by Hilton Hotel Anaheim-Orange County
Orange, CA



News Briefs---

Idaho Attorney General Approves Settlement w/PCPC Leasing
     Accused of Misleading Idaho Businesses

Where Have All the Giants Gone? The Rise and Fall
     of U.S. Industrial Segment Lessors

Fed held its fire over concern about weak jobs report
     and Brexit vote

Berlin bids to replace London
   as post-Brexit fintech capital

J.P. Morgan’s historic connection to Paris
  Jamie Dimon may move Thousands of Jobs from UK

New Growth Plan for Online Lenders: Layoffs
"Cuts workforces as they anticipate prolonged period of difficulty"

Deutsche Bank Pulls Back from Deals in Coal Mining Sector
  Many Banks and Other Lenders Making Hasty Retreat

What doctors need to know about buying
     Versus Leasing Equipment

Bait shortage could impact lobster industry
  Not Enough Herring to use as Bait


Inside Sales Manager
San Francisco

We are currently seeking qualified talent to be primarily responsible for overseeing the Inside Sales Department within the Vendor business group of the Equipment Finance Division, while developing and improving policies and procedures to properly support high production volume.

For more information
click here




--You May Have Missed It

During 25 years of friendship with Buffett,
  Bill Gates says he's learned 'what friendship is all about'


SparkPeople--Live Healthier and Longer

How Much Sugar is in Your Favorite Fruit?


Baseball Poen

"A clever runner steals a base." - James J. Metcalfe

          James J. Metcalfe was a widely syndicated columnist for the Chicago Sun-Times and a German-American poet that put together a very nice poem that truly does catch the essence of the game in a most eloquent manner.


by James J. Metcalfe ©

Published: Unknown (Unknown)

The game of baseball is the king
Of all the games we play
And it is one pursuit that is
Distinctly U.S.A.
The people swarm into the stands
To watch their favorite teams
And munch their hot dogs when their lungs
Are not engaged in screams
The pitcher hurls the horsehide and
The batter gets a hit
Or else the ball goes sailing and
Some fielder smothers it
A clever runner steals a base
A player takes a walk
Or managers and umpires
Decide to have a talk
The crowd is gay or gloomy or
Completely in suspense
But it goes wild when someone knocks
The ball beyond the fence.



Sports Briefs----


First Kevin Durant Golden State Warrior Jerseys

Warriors Welcome Kevin Durant

Favre: Carr not a gunslinger, 'he's a little more polished'


((Please Click on Bulletin Board to learn more information))
(Leasing News provides this ad “gratis” as a means
to help support the growth of Lease Police)


California Nuts Briefs---

High-rise hotel proposed for San Jose

Marin County Fair sets second year of record revenues

Roseville’s Topgolf complex looking to hire more than 450


(Leasing News provides this ad as a trade for investigative
reporting provided by John Kenny)


“Gimme that Wine”

Treasury Wine Estates dumps cheaper US brands

Bordeaux fine wine fans face higher prices for 2015 vintage

Free Mobile Wine Program

Wine Prices by vintage

US/International Wine Events

Leasing News Wine & Spirits Page


This Day in American History

     1584 - In a letter from Giovanni da Verrazano, the Florentine explorer, to Francis I, king of France “...took a Native American childe from...(an) olde woman to bring into France, and going about to take...(a) young woman which was very beautiful and of tall stature, they could not possibly, for the great outcries that she made, bring her to the sea; and especially having great woods to pass through and being farre from the ship, we purposed to leave her behinde, beareing away the childe only.”  The diaries and letters of the day describe encounters with Indians, capturing them for slaves, describing Native American life.
    1654 – The first Jewish colonist in the colonies, Jacob Barsimson, left for New Amsterdam. Barsimson had been sent out by the Dutch Republic Jewish leaders to determine the possibilities of an extensive Jewish immigration to New Amsterdam. With the fall of Dutch Brazil, it was imperative for Jews planning to leave Europe to find other new homes. He arrived on the ship Pear Tree on August 22, 1654. Barsimson was succeeded by a party of twenty-three Jews, who arrived at New Amsterdam in October, from Brazil, and established the first Jewish settlement in the colonies.
    1663 – King Charles II granted a royal charter to Rhode Island.  In 1636, Roger Williams, after being banished from the Massachusetts Bay Colony for his religious views, settled at the tip of Narragansett Bay, on land that he named Providence, granted to him by the Narragansett tribe. The union of the four towns of Portsmouth, Providence, Newport and Warwick was strengthened by this charter.
    1758 – French forces hold Fort Carillion against the British at Ticonderoga, NY.
    1775 - Representatives of New Hampshire, Massachusetts Bay, Rhode Island, Providence, Connecticut, New York, New Jersey, Pennsylvania, Delaware, Maryland, Virginia, North Carolina and South Carolina signed a petition, known as The Olive Branch Petition,” from the Congress to the King (George III), a final attempt by moderates in the Second Continental Congress to avoid a complete break with England. After the American Revolutionary War, over 300,000 loyalist citizens to King George returned to England (more than a third of the population was “loyal” to the king). Many also elected to remain in the United Colonies, as it was then called.
    1776 - The first public reading of the Declaration was given by Colonel John Nixon to the assembled residents at Philadelphia's Independence Square.   He had been chosen by the sheriff of Philadelphia (in those days, the highest ranking citizen of a town as per English tradition). The next day, the Declaration was read before George Washington's troops in New York City.
    1777 – Vermont became the first state to abolish slavery as it adopted male suffrage.
    1831 – John Pemberton (1831-88) the man who invented Coca-Cola, was born in Knoxville, GA.
    1838 – Birthday of Eli Lilly (1838-98) in Baltimore.  He was a soldier, chemist, industrialist, entrepreneur, and founder of the Eli Lilly and Company.  Lilly enlisted in the Union Army during the civil war; he recruited a company of men to serve with him in an artillery battery, was later promoted to colonel, and was given command of a cavalry unit. He was captured near the end of the war and held as a POW until its conclusion.
    1839 – John D. Rockefeller (1839-1937) was born in Richford, NY.  He was a co-founder of the Standard Oil Company, which dominated the oil industry and was the first great U.S. business trust. Rockefeller revolutionized the petroleum industry, and with other key contemporary industrialists such as Andrew Carnegie, defined the structure of modern philanthropy. In 1870, he founded Standard Oil Company and actively ran it until he officially retired in 1897.  As kerosene and gasoline grew in importance, Rockefeller's wealth soared and he became the world's richest man and the first American worth more than a billion dollars, controlling 90% of all oil in the United States at his peak.  Adjusting for inflation, his fortune upon his death in 1937 stood at $336 billion, accounting for more than 1.5% of the national economy, making him the richest person in US history.
    1844 - Mary Johnson Bailey Lincoln (1844-1921) was born in South Attleboro, MA.  She was a teacher at the Boston Cooking School who authored “Mrs. Lincoln's Boston Cook Book: What to Do and What Not to Do in Cooking”, published by the Boston firm of Roberts Brothers in 1884. She later observed, "This was done primarily to meet the need of a textbook for our pupils and save the copying of recipes".  It contained the daringly innovative recipe measurement methods as well as explaining the how's of cooking, hygiene, and nutrition.  Considered one of the pioneers of the Domestic Science movement in the US, she was among the very first to address the scientific and nutritional basis of food preparation.  It was also cone of the first American cook books to provide scientific information about nutrition and the chemistry of cooking. It also helped to set a pattern for the rational organization of cookbooks, and was among the first in America to provide recipes formulated with consistent measurements. It should be seen as the fore-runner to the world-famous “Boston Cooking School Cook Book” by Fannie Merritt Farmer, Mrs. Lincoln's most prominent student who eventually succeeded her as principal of the Boston Cooking School.
Most publishers frowned on such books because women were thought to be born with the innate knowledge of cooking. Publishers thought such directions were unnecessary and women would refuse to buy the "insulting" books. “The Boston Cooking School Cook Book” became an instant best seller.
    1846 - U.S. annexed California, to become a state on Sept 9, 1850, as part of the Compromise of 1850.  San Francisco was a town of 96 votes
with fifty dwellings.
    1850 - The overland gold rush to California through Fort Laramie, WY, involved 42,300 emigrants and 9720 wagons between January 1 and July 8.
Over 90% of the population of California was male.  Nine years later men still outnumbered women six to one.
    1853 - Admiral Perry and US Navy “visit” Japan
    1856 - Charles E. Barnes of Lowell, MA, obtained a patent on an “improved automatic cannon.”  It was operated by a crank, the speed of firing depending upon the speed with which the crank was turned. It was primitive and before the “metal gun cartridge.”  Richard J. Gatling of Indianapolis, Indiana obtained a patent on November 4, 1862, on “an improvement in revolving battery guns.” The first gun, which fired 250 shots a minute, was made in Indianapolis. Dr. Richard Jordan Gatling, a medical doctor with numerous patents in farm equipment to his credit, devised the famous Model 1862 “Revolving Battery Gun” now simply referred to as the Gatling gun.  Although not first to manufacture a multi-fire weapon, he was the first to produce a reliable, rapid fire, “machine gun.”  The rest, as they say, is history. The Gatling gun was a hand-crank-operated weapon, comprised of six barrels revolving around a central shaft. The original gun was actually designed to fire the standard military issue paper cartridge of the day, .58 caliber.  The paper cartridge was placed inside a steel or brass chamber with percussion nipple on the back end just like muzzle loading rifles and pistols of the time.
The cartridges were gravity-fed through a hopper mounted on the top of the gun. Six cam-operated bolts alternately wedged, fired, and dropped the bullets, which were contained in steel chambers. Gatling used the six barrels to partially cool the gun during firing. Since the gun was capable of firing 600 rounds a minute, each barrel fired 100 rounds per minute.
    1862 - Major General Benjamin F. Butler purchased 12 Model 1862 Gatling guns for $1,000 each, in 1863 and employed them at the Battle of Petersburg.
Butler is the same fellow hated in New Orleans for his actions while he occupied the city.  I could find no information about the first use of the Gatling gun, except: “His failure to act decisively with the Army of the Potomac against Petersburg, and following his ability to grasp defeat from the jaws of victory during the first expedition against Fort Fisher, North Carolina in December 1864, led to General Butler's forced resignation from the Army.” As an interesting side note, what we see in movies today and usually displayed or shot is not the original model 1862.  Most probably, it is a model 1873 or later version.  All in all, the 1862 Gatling gun is one of the greatest design achievements in military armament ever created ranking up with breech loading weapons and metallic cartridges in significance to modern warfare.  In January of 1865, Gatling proposed is his improved model 1865 gun to the U.S. Government, which was subsequently tested by the Ordnance Department. This model was adopted officially in 1866.  It served the frontier, enabling the Union Calvary to be of small number in domineering the West. After receiving government approval, Gatling began to sell his guns throughout the world, where they achieved world-wide fame.  Twenty-five countries, twenty-nine calibers, and 55 years later, the hand-crank Gatling gun was finally retired from U.S. military service just months prior to the U.S. entered World War I.  Even then, it remained deployed into the middle 1920's stateside.  Tucked away in storage for over 30 years, an original model 1883 in 45-70 caliber, was able to successfully fire 5,600 rounds per minute by hooking it up to an electric motor.  This ultimately became the forerunner of today's Vulcan system capable of firing 6000 rounds per minute of 20 mm cannon shells.
    1861 - Winfield Scott, general in chief of the Union army, announced that the Washington telegraph office would no longer carry “dispatches concerning the operations of the army not permitted by the commanding general.” All stories had to be cleared first with the Army as “press accounts of the activities in Washington, DC, might prove helpful to the enemy.
    1863 - JEB Stuart at The Battle of Gettysburg.  Taken from ”The Life and Campaigns of Major-General JEB Stuart," by H. B. McClellan, A.M. Late Major, Assistant Adjutant-General:  “From the 8th to the 12th of July, Stuart covered the front of Lee's army, which had now taken a strong position, and was securely entrenched while waiting for the waters of the Potomac to fall. These days were occupied by severe fighting between Stuart's command and the divisions of Buford and Kilpatrick, at Boons-boro', Beaver Creek, Funkstown, and on the Sharpsburg front. The cavalry fought mostly dismounted, and was aided on either side by small bodies of infantry. It would be tedious to enter into all the details of these battles, in which both parties claim the victory, and with apparent sincerity.  Stuart reports an aggregate loss of 216 in these engagements, while Generals Buford and Kilpatrick and Colonel Huey report a loss of 158. Stuart accomplished the object he had in view, which was to delay the advance of the enemy until General Lee was secure in his chosen position. On the 12th of July, Stuart uncovered Lee's front, against which the Federal army advanced, but found it so strong that it declined to make an attack. These days will be remembered by the members of General Stuart's staff as days of peculiar hardship. Scanty rations had been issued to the men, but nothing was provided for the officers. The country had been swept bare of provisions, and we could purchase nothing. For four or five days in succession we received our only food, after nightfall, at the hands of a young lady in Hagerstown, whose father, a Southerner, sympathized with the Confederacy. But for the charity of this lady, whose name we shall always gratefully remember, we would have suffered the pangs of severe hunger.”  
The attention of students of psychology is called to an incident which occurred at this time. After a day of incessant fighting, Stuart and his officers reached the house of this friend about nine o'clock in the night. While food was being prepared, Stuart fell asleep on the sofa in the parlor. When supper was announced, he refused to rise. Knowing that he had eaten nothing within twenty-four hours, and that food was even more necessary for him than sleep, I took him by the arm and compelled him to his place at the table. His eyes were open, but he ate sparingly and without relish. Thinking that the supper did not suit him, our kind hostess inquired:--
 "General, perhaps you would relish a hard-boiled egg?"  "Yes," he replied, "I'll take four or five."  This singular reply caused a good deal of astonishment on the part of all who heard it, but nothing was said at the time. The eggs were produced; Stuart broke one and ate it, and then rose from the table. When we returned to the parlor I sat down at the piano, and commenced singing, "If you want to have a good time, join the cavalry." The circumstances hardly made the song appropriate, but the chorus roused the general, and he joined in it with a hearty good will.
    1863 - Confederate General Lee decided to take the war to the enemy, specifically Washington, DC, which he hopes to capture and thus have the war ended. On June 13, he defeated Union forces at Winchester, Virginia, and continued north to Pennsylvania. General Hooker, who had been planning to attack Richmond, was instead forced to follow Lee. Hooker, never comfortable with his commander, General Halleck, resigned on June 28, and General George Meade replaced him as commander of the Army of the Potomac.
On July 1, a chance encounter between Union and Confederate forces began the Battle of Gettysburg. In the fighting that followed, Meade had greater numbers and better defensive positions. He won the battle, but failed to follow Lee as he retreated back to Virginia. Militarily, the Battle of Gettysburg was the high-water mark of the Confederacy; it is also significant because it ended Confederate hopes of formal recognition by foreign governments. The days following Lee's retreat saw major battles won by the Union Army in General Grant's long time plan to cut off supplies to Confederate troops. On November 19, President Lincoln dedicated a portion of the Gettysburg battlefield as a national cemetery, and delivered his memorable "Gettysburg Address."
Photographs of the battleground began immediately after the battle of July 1-3. This group of photographs also includes a scene of Hooker's troops in Virginia on route to Gettysburg.
    1889 - John L. Sullivan, heavyweight champion of the world, defeated Jake Kilrain in the 75th round of a fight in Richburg, MS. This was the last bare-knuckles title fight after which boxing was governed by the Marquess of Queensbury rules.
    1889 – The Wall Street Journal was published for the first time.
    1908 - Jazz alto saxophonist and singer Louis Jordan (1908-75), whose records in the 1940's with his Tympany Five helped shape the R'n'B of the following decade, was born in Brinkley, Arkansas. After playing with several big bands, Jordan formed his combo in 1938. For the next decade, they produced blues and novelty records such as "Caledonia," "Let the Good Times Roll" and "Choo Choo Ch'Boogie," a million-seller in 1946. Jordan's 1943 hit "Five Guys Named Moe" became the title of a 1990's Broadway musical based on his songs.  Many blues and R'n'B artists grew up listening to Jordan's music, and among those acknowledging his influence are Chuck Berry and Ray Charles.
    1908 – Former Vice President and Governor of New York, Nelson Rockefeller (1908-79) was born in Bar Harbor, ME.
    1911 - Nan Jane Aspinwall rode into New York City carrying a letter to Mayor William Jay Gaynor from San Francisco Mayor Patrick Henry McCarthy, becoming the first woman to cross the US on horseback. She began her trip in San Francisco on Sept 1, 1910, and covered 4,500 miles in 301 days.
    1914 - Birthday of Billy Eckstine (1914-93) in Pittsburgh, bandleader and bass-baritone singer.  After performing with the Earl Hines band for almost 20 years, Eckstine formed his own band in 1944.  At one time or another in the band's ranks included Charlie Parker, Dizzy Gillespie, Miles Davis, Fats Navarro, Dexter Gordon, Gene Ammons, Art Blakey and vocalist Sarah Vaughn---some of the greatest bebop musicians of all time.  Among Eckstine's hits were “Fools Rush In,” “Everything I Have Is Yours,” “Blue Moon,” and “Body and Soul.”
    1918 – “Peter Gunn”, Craig Stevens (1918-2000) was born in Liberty, MO.
    1932 - The stock market fell to its lowest point in the Great Depression.  The Great Crash had begun in 1929, and this was the darkest day. Dow Jones Industrial Average, 41.22.
    1933 - Birthday of author James Giblin, Cleveland, OH.
    1935 - Birthday of Steve Lawrence, pop singer, born Sidney Liebowitz in Brooklyn, New York. His "Go Away Little Girl" was a number-one hit in 1962. Lawrence, who got his start as a singer on the "Tonight" show in 1954, had more than 20 chart records. He and his wife, Eydie Gorme (1928-2013), often recorded and performed together.
    1941 - With a dramatic two-out, bottom of the ninth inning, three-run home run by Red Sox outfielder Ted Williams, the AL All-stars beat the National League at Briggs Stadium in Detroit, 7-5.  Williams often said that this was the moment he treasured most in his career.
    1947 - Reports are broadcast that a UFO crash landed in Roswell, NM in what became known as the Roswell UFO incident.
    1948 – The Air Force accepted its first female recruits into a program called Women in the Air Force (WAF).
    1949 – Wolfgang Puck was born in Austria.
    1949 – Top Hits
“Some Enchanted Evening” – Perry Como
“Again” – Gordon Jenkins
“Bali Ha’I” – Perry Como
“One Kiss Too Many” – Eddy Arnold
    1949 – Hank Thompson (1925-69), the first black to play with the St. Louis Browns, became the New York Giants’ first African-American player. The former Kansas City Monarchs’ standout broke in to the Majors 12 days after Larry Doby’s American League debut with the Indians in 1947.  Thompson became the only player to participate in breaking the segregation barrier on two different teams.
    1953 – SHEA, RICHARD T., JR. Medal of Honor.
Rank and organization: First Lieutenant, U.S. Army, Company A 17th Infantry Regiment, 7th Infantry Division. Place and date: Near Sokkogae, Korea, 6 to 8 July 1953. Entered service at: Portsmouth, Va. Born: 3 January 1927, Portsmouth, Va. G.O. No.: 38, 8 June 1955. Citation: 1st Lt. Shea, executive officer, Company A, distinguished himself by conspicuous gallantry and indomitable courage above and beyond the call of duty in action against the enemy. On the night of 6 July, he was supervising the reinforcement of defensive positions when the enemy attacked with great numerical superiority. Voluntarily proceeding to the area most threatened, he organized and led a counterattack and, in the bitter fighting which ensued, closed with and killed 2 hostile soldiers with his trench knife. Calmly moving among the men, checking positions, steadying and urging the troops to hold firm, he fought side by side with them throughout the night. Despite heavy losses, the hostile force pressed the assault with determination, and at dawn made an all-out attempt to overrun friendly elements. Charging forward to meet the challenge, 1st Lt. Shea and his gallant men drove back the hostile troops. Elements of Company G joined the defense on the afternoon of 7 July, having lost key personnel through casualties. Immediately integrating these troops into his unit, 1st Lt. Shea rallied a group of 20 men and again charged the enemy. Although wounded in this action, he refused evacuation and continued to lead the counterattack. When the assaulting element was pinned down by heavy machine gun fire, he personally rushed the emplacement and, firing his carbine and lobbing grenades with deadly accuracy, neutralized the weapon and killed 3 of the enemy. With forceful leadership and by his heroic example, 1st Lt. Shea coordinated and directed a holding action throughout the night and the following morning. On 8 July, the enemy attacked again. Despite additional wounds, he launched a determined counterattack and was last seen in close hand-to-hand combat with the enemy. 1st Lt. Shea’s inspirational leadership and unflinching courage set an illustrious example of valor to the men of his regiment, reflecting lasting glory upon himself and upholding the noble traditions of the military service. 
    1957 – “Teddy Bear” became Elvis Presley’s eighth US number one hit in the past fifteen months. 
    1957 – Top Hits
“Teddy Bear” – Elvis Presley
“Love Letters in the Sand” – Pat Boone
“Over the Mountain; Across the Sea” – Johnnie & Joe
“Four Walls” – Jim Reeves
    1958 – The first gold record album presented by the Recording Industry Association of America (RIAA) was awarded. It went to the soundtrack LP, “Oklahoma!”  The honor signified that the album had reached one million dollars in sales. The first gold single issued by the RIAA was “Catch a Falling Star,” by Perry Como, in March of 1958. A gold single also represents sales of one million records. 
    1958 – Hank Ballard records a self-penned tune called “The Twist” at Vee-Jay Records’ studios in Gary, Indiana. A re-recorded version released by King Records would make a modest splash on the R&B charts in 1959, but it would take Chubby Checker to make a giant hit out of it in 1960. 
    1960 – Storer Broadcasting Company purchased WINS radio in New York City for $10 million. It was the highest price paid for a radio station (to that time). Many great radio personalities including Murray the K, Bruce Morrow and Alan Freed were stars on WINS Radio. WINS, under Storer ownership, also aired some very clever promotions, including the time they drove the New York media crazy. It was a discovery (thought to be a rare find) in the back seat of a New York taxicab: a clay tablet that looked to be Egyptian and had carvings on it. Upon closer examination, it read, “Everybody’s mummy listens to 10-10 WINS!” 
    1963 – James Brown went to #2 on the US album chart with “Live at the Apollo”. The LP spent a total of 33 weeks on the chart. 
    1963 – Freddie and The Dreamers record “I’m Telling You Now,” which would climb to number 2 in England. When it was released in the US the following year, during the height of the British Invasion, it made the Top Ten. 
    1965 – The Dave Clark Five followed the Beatles onto the silver screen with a movie of their own called “Catch Us If You Can.” The film was renamed to “Having a Wild Weekend” for its US release and featured the group performing “Catch Us If You Can,” “Having a Wild Weekend” and “I Can’t Stand It.” 
    1965 – Top Hits
“I Can’t Help Myself” – Four Tops
“(I Can’t Get No) Satisfaction” – The Rolling Stones
“For Your Love” – The Yardbirds
“Before You Go” – Buck Owens
    1965 – Roy Wilkins becomes executive director of the National Association for the Advancement of Colored People.
    1967 - Tennis player Billie Jean King of the United Sates won three titles at Wimbledon.  She beat Anny Haydon Jones for the singles title, teamed with Rosie Casals for the women's doubles title and joined with Owen Davidson to capture the mixed doubles title.
    1968 - The first movie directed by an African-American director to be released in the United States was “Story of a Three Day Pass,” directed by Melvin Van Peeble.  His story of an African-American serviceman on leave in France, based on his book of the same name, led to his being signed by Columbia Pictures to make more files for African-American audiences.
    1970 - The Everly Brothers Summer TV series debuts on CBS-TV for the first of a ten week run. 
    1970 - The San Francisco Giants’ Jim Ray Hart hit for the cycle (a single, double, triple and home run in one game). Hart became the first National League player in 59 seasons to collect six runs batted in (RBI) during a single inning. The Giants walloped the Atlanta Braves 13-0. 
    1970 – President Nixon delivered a special congressional message enunciating Native American self-determination as official US Indian policy, leading to the Indian Self-Determination and Education Assistance Act of 1975.
    1972 - 34 year old Bill Withers had the top spot on the Billboard Hot 100 with "Lean on Me", his second US Top Ten hit after "Ain't No Sunshine" in September, 1971. The song reached #18 in the UK. 
    1973 - Top Hits
“Will It Go Round in Circles” - Billy Preston
“Kodachrome” - Paul Simon
“Bad, Bad Leroy Brown” - Jim Croce
“Why Me” - Kris Kristofferson
    1978 - Following in the disco footsteps of his older Bee Gee brothers, Andy Gibb gets into the act with "Shadow Dancing." The album peaks at #18, while the title track reaches number one
    1978 - Bjorn Borg of Sweden won 3rd consecutive title at Wimbledon
    1978 - After a six month stay, the soundtrack to “Saturday Night Fever” is finally knocked out of the top spot on the Billboard album chart by Gerry Rafferty's "City To City", which contained the single "Baker Street".
    1981 - Top Hits
“Bette Davis Eyes” - Kim Carnes
“All Those Years Ago” - George Harrison
“The One that You Love” - Air Supply
“I was Country When Country Wasn't Cool” - Barbara Mandrell
    1984 - John McEnroe made short work of Jimmy Connors at Wimbledon. Connors managed to win only four games and tied for the second lowest number of games won by a Wimbledon men's singles finalist since 1922. McEnroe won the event in just 1 hour 20 minutes. 
    1985 - Pro Football Hall of Famer Jack Lambert of the Pittsburgh Steelers announced his retirement on this, his 33rd birthday. A 1974 second-round draft choice from Kent State University in Ohio, Lambert played 11 seasons with the Steelers. He racked up several awards including the NFL's Rookie of the Year [1974], Defensive Player of the Year [1976]; and nine consecutive Pro Bowls [1975-1983]. Jack Lambert was a major chunk of the Steel Curtain and owns four Super Bowl rings to prove it. 
    1985 - Both "Playboy" and "Penthouse" magazines went on sale with nude pictures of Madonna
    1987 – The Iran-Contra hearings began, covered live on television.   While Lt. Col. Oliver North was being interviewed, contrary to internet mailings, Senator Al Gore was not on the committee, nor did Osama Bin Laden’s name come up. 
    1987 - Kitty Dukakis, wife of Massachusetts Governor Michael Dukakis, who was the following year to become the Democratic candidate, revealed addiction to amphetamines for 26 years 
    1988 - Thirty cities in the north central and northeastern U.S. reported record high temperatures for the date. Beckley, WV, equaled their all-time record with a high of 93 degrees. Afternoon and evening thunderstorms spawned seven tornadoes in Adams and Logan counties of eastern Colorado, and hail caused 2.3 million dollars damage in Adams, Logan and Washington counties
    1988 - Singer/composer Stevie Wonder announces he will run for mayor of Detroit in 1992
    1989 - Top Hits
“Satisfied” - Richard Marx
“Buffalo Stance” - Neneh Cherry
“Baby Don't Forget My Number” - Milli Vanilli
“I Don't Want to Spoil the Party” - Roseanne Cash
    1989 - Sixteen cities in the central and western U.S. reported record high temperatures for the date. The high of 103 degrees at Denver, CO, equaled their record for July, and a 110 degree reading at Rapid City, SD, equaled their all-time record high. Denver reported a record five straight days of 100 degree heat, and Scottsbluff, NE, reported a record eight days in a row of 100 degree weather.
    1990 - Germany beats Argentina 1-0 for soccer's 14th World Cup at Rome 
    1990 - Stefan Edberg beats Boris Becker for Wimbledon title
    1994 - Elton John and Billy Joel kicked off a 14 city tour in Philadelphia. They shared vocals on each other's hits, including John's "Don't Let the Sun Go Down on Me" and Joel's "Piano Man" and "New York State of Mind."
    2000 - The Yankees sweep their cross-town rivals in the first double-ballpark doubleheader since 1903, with identical scores:  4-2 in an afternoon tilt at Shea and 4-2 in an evening contest at Yankee Stadium. It proves to be quite an interesting day in New York as Mike Piazza is hospitalized after being beaned by Roger Clemens, Dwight Gooden, now with the Yankees, gets first Shea win since 1994 when he was a Met, and a bizarre obstruction call on Mets' first baseman Todd Zielle causes the first game to be played under protest.
    2000 - After Jose Cruz Jr. hits #20 in a 6-3 win over the Expos, the Blue Jays become the first team in major league history to have four batters to hit 20 or more homers before the All-Star break.
    2005 - In Singapore, the International Olympic Committee takes a secret vote on the approval of the 28 current summer Olympic events scheduled to be played at the 2012 Summer Games in London. Baseball and softball are eliminated making it the first time since polo was dropped in1936 that sports have been cut.
    2010 - Using an on-line ballot, fans select Nick Swisher of the Yankees and Reds' first baseman Joey Votto to fill the last two roster spots in this year’s All-Star game. The New York outfielder, who edged Red Sox first baseman Kevin Youkilis for the final AL spot, used his Twitter account to campaign for votes and to thank his fans for their support.
    2011 - The final mission of the U.S. Space Shuttle program was launched as Space Shuttle Atlantis.



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Bank Beat
Career Crossroads-Emily Fitzpatrick/RII
Charlie Chan sayings
Computer Tips and Social Media
Credits and Collections 102
Employment Web Sites
Fernando's Review
Financial Technology 102
From the Desk of Michael Witt, Esq.
Leasing 102
Leasing Cases by Tom McCurnin
Online Newspapers
Sales Make it Happen
Spark People—Live Healthier and Longer
The Secret of Our Success
To Tell the Truth
View from the Top
Why I Became a CLP

Ten Top Stories each week opened the most by readers
(click here)

“Complaints” Bulletin Board (click here)

Connect with Leasing News

Top Stories

(chronological order)

- Why Operating Leases Will Come Back - Explained
- Good Times Are Ahead for Equipment Leasing
CLFP Foundation Adds 36 New CLFP's
- Chart - Three US Companies Hoarding the Most Cash
- California Licensed Brokers CAN Send Deal to Banks
- The Housing Crisis Is Great News for America
- Top Five Leasing Company Websites
- California Licensed Brokers Cannot Send Deals to Banks
- Gordon Glade, Founder Axis Capital, is Out!
- Commercial and Industrial Loans Continue Down
- Major Changes Coming in Bank, Finance, Leasing Regulations
- It's Not the United States with Highest Income Tax
- Brokers Say it is "Slow"
- Platinum Rapid Funding Group Exposed
- OnDeck Announces Pricing of $250 Million Securitization
- National Association of Equipment Leasing Brokers Conference
- Forty Years of Technology: Prospecting
- OnDeck Disappoints: “Marketplace” in Jeopardy?
- Is The Marketplace Lending Apocalypse Upon Us?
- Subway revenue drops as it closes hundreds of U.S. restaurants
- California Department of Business Oversight Confirms
that Brokers Need Licenses and Lessors Can’t Pay Unlicensed Brokers
- Signs of a Chill in Fintech Funding?
- What Happened to the $11.4 Million
   in the IFC Credit Bankruptcy “Approved Disbursements?”
- ELFA’s 2016 National Funding Conference
- Paul Menzel, CLFP, Presents Bruce Kropschot Award
- Dale Kluga Sells Cobra Capital
- Vehicle Leasing Conference Focuses on the Future
- Calif. DBO Notifies 322 CFLL Licensees, 8 CDDTL Licensees
- California DBO Release Survey Results Alternate Finance
- Sale of FirstMerit to Huntington Bancshares Exits
  Vice Chairman and Chief Commercial Banking Officer
- Balboa Capital Tagged for Bait and Switch
  on Lease Payoff Quote
- Alert: Dallin Hawkins Making Rounds Again
   Bulletin Board Complaints
- FinTech #102  by Christopher Menkin
   Menkin has an Epiphany
- Alternate Finance Companies - Subprime
- Cutbacks in Broker Originations Reported
   at Huntington Technology Finance
- 15th Annual Investors’ Conference
- Top 8 Alternative Small Business Funders Chart
- Problems Continue at Axis Capital, Grand Island, Nebraska
- China’s Leasing Industry Now World’s Second Largest
- Alternate Financing Companies on Defense
   Forming Associations to Overcome Being Regulated
- Top 15 Alternate Finance Websites
NEFA New Orleans Summit Record Attendance
- The Di Minimis Exception to the California Lender's License
   Does Not Protect Unlicensed Brokers
- 2015 YE Marlin: What Was Not in their Press Release
- New ELFA President/CEO Profound on FASB Changes
    "Rules Are Not Going to Impact Lessee Behavior"
- CIT Board Changes, Thain Out as Chairman
   Many Believe Direct Capital is "A Pig in a Poke"
- Details Emerged about the OnDeck
    JP Morgan Chase Deal
- Executive Changes at Marlin Business Services
   Top CEO Position Still Not Filled
- School for Loan Brokers/Alternate Finance & Real Estate
- FICO Score: Excellent to Bad
- Nearly a Third of Lending Club Borrowers’ Income Is ‘Not Verified’
- “Lending Club Sends up a Red Flare”
- Reaction to "Lending Club Sends up a Red Flare"
- OnDeck Crashes As Online Lending Sector Struggles
- Is DLL Leasing Really Up for Sale?"
- Year-End Leasing and Finance Association Membership
- Equipment Leasing and Finance Association and
   CLFP Foundation Announce Collaboration
- New Study Identifies Companies Most Impacted
   by New FASB and IFRS Lease Accounting Rules
- The top 50 brands in Quick Service and Fast Casual
- Charlie Chan on Balboa Capital
- Reader Complaint About LEAF Financial Investment (Collection)
- How to be a “Leasing Expert Witness”
    and Make Extra Income
- 2014 Survey Reports Expert Witness Hourly Fees
    Record All-Time Highs
- Your Photograph on
Use a Password Generator
- Banks Turn Toward Leasing for More Profit
- Why Leasing News is Different
- Take Your Banker to Lunch
- Look Out!!! --Two Evergreen/PRR Clause Lessors Merge
   Onset Financial/Mazuma Capital
- Lease Police Tips on Judging Vendors
- Alert: Rudy Trebels Back Soliciting Broker Business
- HL Leasing/John Otto--Update
- NorVergence- Year end, 2013
- Twelve Lawyers Against Evergreen Clause Abuse
- Wants to Go After Lessors and Their Attorneys
   Re: Evergreen Clause Abuses
- Sample of Usury Laws in United States
- Balboa Capital Class Action Case Settled--$5 million?
- Old Cowboy On His Horse
- Leasing Brokers: When May You Collect a Commission?
- Balboa Capital, Irvine, California
   $20,543.22 Bulletin Board Complaint
   Alleged “Bait and Switch”
- Female Lease Finance Association Presidents
- 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
- Royal Links "True Lease" Court Ruling
- "The Memory Shock" –New Book by Barry Reitman
- Jeff Taylor's Leasing Predictions, Spring, 2006
- New Case against Mazuma Capital and Republic Bank
  ---Automatic Evergreen Payment---PPR
- Charles Schwartz and Allied Health
- Copier Wars---It's more than the lease payment
    by Christopher Menkin
- Leasing Gypsies
- 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