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Seasoned Leasing professional, experienced in 3rd party generated business. Must be highly ethical, self starter with a good understanding of financials and able to produce immediately and consistently. Generous commissions paid and benefits after initial trial period.

Please submit resume to
Contact: Ron Mitchell 214-615-0667 direct

Monday, June 18, 2012

Today's Equipment Leasing Headlines

  Classified Ads---Asset Management
Dan McKew to head up Capital One Commercial Lending
 Companies Who Do Not Notify Lessee regarding termination
  nor have such a standard for their discounters
   Leasing 102 by Mr. Terry Winders, CLP
   "Be Careful with Title Transfer to Lessee"
 Career Crossroad— “My Facebook Profile in Job Hunting...”
   Classified Ads---Help Wanted
Three, Four, Five---Why they Failed
 by Christopher Menkin
  Private Equity in Bank Stocks:
   ---13 good for 25 chosen
    Top Stories June 11---June 15
     3 Tax Return Preparers Hid Millions at 2 Israeli Banks
       Labrador Retriever Mix
      Baltimore, Maryland Adopt-a-Dog
News Briefs---
 Worried European Banks Resist Fiscal Union
  Asian Stock rally after Greek vote eases fears
   Immigrants run 18 percent of small firms
    Dogs welcome at many Silicon Valley tech companies

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######## 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. It is considered “bias” as it is the writer’s viewpoint.

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Dan McKew to head up Capital One Commercial Lending

(LinkedIn photo)

Dan McKew, former President of SunTrust Leasing, will take over Walter Rabin’s old job as President of Capital One Commercial Lending. Rabin left after 13 years, the last as senior vice-president, to head Signature Financial, a division of Signature Bank, New York. According to the press release announcement he "...will join Signature Financial as President in June 2012, after a 90-day waiting period. (1)

McKew told the Baltimore Business Journal he will start his new job on June 18, adding the job offer was too good to pass up. "“It’s bittersweet,” McKew said. “We’re really happy about what we were able to accomplish when we were here.”

Rabin was named as one of the 25 most influential in the leasing business in 2009: "Walter Rabin-Rabin created a platform that went from start-up to over $1.4B in 10 years. His company, All Points Capital, is a major funding source for the broker community, especially in the Northeast, today it is a Capital One Bank company." He is also listed in

McKew was previously president of CFG Community Bank, Baltimore Maryland (November, 2011--Present), president, 1st Mariner Bank (October, 2010-November, 2011), Principal, management consulting (May, 2010-September, 2010), president/ceo, SunTrust Equipment Finance and Leasing Corporation (July, 1997-March, 2010), chairman of the board, Inured Workers Insurance Fund (November, 1997-May, 2008), president, Signet Leasing Corporation (March, 1991-May, 1997), vice-president, PHH (March, 1983-February, 1991),Loyola College in Maryland MBA, Finance (1981 – 1983) Loyola College in Maryland BA, Accounting (1975 – 1979)

CapitalOne Bank main headquarters is in McLean, Virginia

Capital One Equipment Leasing Finance is in the mode of hiring, recently announcing three new positions, but has basically been without Rabin since the team left the beginning of April. The change may be good for the company as new blood brings new ideas.

Meanwhile, Signature Financial is reportedly off to a roaring start, awaiting Rubin's day-to-day presence, although key players say they are close to the top of their game.

It will be interesting to learn if members from the Sun Trust Equipment Finance days will be joining McKew as well as the experience learned since being the president of two banks. He certainly will get his team up to full-court press, most likely by September, but his leadership will be felt at Capital One earlier than that.

(1) Signature Bank Establishes Signature Financial, LLC Subsidiary,




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Companies Who Do Not Notify Lessee regarding termination
nor have such a standard for their discounters

It was requested Leasing News put together a list of those companies who do not notify the lessee prior to the end of the lease contract. In the industry, this is known as "BAM-ing," billing after maturity. From the experience of Bulletin Board Complaints as well as direct experience with the companies, which we will make available to other associations, this is the list developed to this date:

ACC Capital, Midvale, Utah
IFC Credit, Morton Grove, Illinois
Jules and Associates, Los Angeles, California
LEAF Financial Group, Philadelphia, Pennsylvania
Marlin Business Leasing, Mount Laurel, New Jersey

ACC Capital, Midvale, Utah---This company is no longer in business, although its portfolio is being wound down, according to its owner Loni Lowder; the receivables are being collected by creditors. Lowder today is an employee, manager, Stalwart Contract Finance, Salt Lake City, Utah. To date, all Evergreen Clause complaints have been satisfied.

IFC Credit, Morton Grove, Illinois---This company is in bankruptcy, appeared many times in the Leasing News Bulletin Board prior to filing bankruptcy, but engaged in Evergreen Clauses, and unfortunately a recent example is a complaint to the trustee, stemming from M&T Bank lease assignment expiring and notify the lessee that they did not notify about the residual, which was a $1.00. This has happened many times with other banks who have taken over the IFC Credit Corporation portfolio. It should be pointed out several of the complaints have been corrected by the trustee, others are with the various banks who took over the leases.

Jules and Associates, Los Angeles, California--- A repeat customer, who notified Jules and Associates on a lease, but was not before the 180 day expiration, so Jules and Associates instead of the 1% due for the residual ($2,308.79) charged six more payments or $40,463.94, and if 1% is not paid in this time, they will be subject to another three months.

LEAF Financial Group, Philadelphia, Pennsylvania---It appears this company is in a more wind down phase, moving its operation of LEAF Commercial Credit with basically the same management. There have been complaints about the Evergreen Clause, including a recent one for an Equipment Finance Agreement!

Marlin Business Leasing, Mount Laurel, New Jersey---The actual SEC filings state the profit earned from Evergreen Clause, primarily from copier leases. Complaints have been received about this practice in addition to the SEC financial statement filings, two have made the Complaint Bulletin Board.

Leasing News "Complaints" Bulletin Board

Companies who notify lessee in advance of lease expiration
and require their discounter to also notify lessee in advance

Put a Clause Requiring Notification in Your Lease Contract

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Leasing 102 by Mr. Terry Winders, CLP

"Be Careful with Title Transfer to Lessee"

The Uniform Commercial Code requires two issues for title transfer, possession and a bill of sale. The bargain option leases that are called “leases that are intended as a security” and are governed by Article 9 are also described as a transaction where the lessor has surrendered possession and use and is holding title in trust until the lease has terminated successfully. Therefore what remains is for the lessor to do is issue a bill of sale to transfer title because the lessee already has possession. Too many lessors fail to complete this task and ignore completing a bill of sale.

There are many liabilities if the title of the equipment is not transferred properly, including other creditor claims, insurance disputes, as well as property taxes are always owed by the equipment owner of record when the tax is due therefore a liability exist that could have been eliminated. If it is not paid, the county can come after the owner of record for what is owed. The insurance and ownership disputes if a company is sold or attached by another creditor or involved in inheritance are other realities.

A bill of sale that is being issued by a lessor to the lessee of the leased equipment often will seek to limit the lessors liability by limiting and disclaiming certain representations and warranties with respect to the sold goods.

Many lessors will issue a bill of sale to a purchaser which represents and warrants that: (a) good title is being conveyed to the purchaser of the leased goods and: (b) the lessor has not caused any lien, security interest, or other encumbrance to be placed upon the sold equipment. However, lessors are often reluctant to represent and warrant that the leased equipment is not subject to any liens, security interests, encumbrances or claims of any kind since the lessee, by virtue of its actions or omissions, may have caused or permitted such restrictions to be placed upon such goods without lessor’s knowledge.

In Addition, bills of sale from lessors often provide that the leased equipment is being sold “as is where is” and disclaim any representations or warranties regarding the value, condition, or functionality of the sold equipment including but not limited to, its merchantability, or fitness for a particular purpose.

It should be remembered that a sale of leased equipment is subject to the requirements of Article 2 of the Uniform Commercial Code and disclaimers of certain representations and warranties may not be valid if they are not capitalized, bolded, italicized, or otherwise made more noticeable than the other terms and conditions contained in the document.

Finally, if sold to someone other than the lessee, many lessors issue bills of sale which require the purchaser to acknowledge that it has inspected and unconditionally accepted the sold equipment and will assume the sole responsibility for the transportation and delivery of that equipment. Such bills of sale should be signed by the purchaser as well as the lessor.

If you are not issuing a Bill of Sale at the termination of each lease, please consult your leasing attorney for the proper documentation to utilize.

It is also advisable to file a UCC-3 as further evidence to the lessor's position that the responsibility belongs to the buyer of the equipment. The cost can be covered in the lease documentation or included in the finally billing.

With vehicles, it is recommend filings with the DMV showing title has be sold, as sometimes the lessee delays or does not file the change of title due to either laziness or not wanting to pay a transfer fee.

Mr. Terry Winders, CLP, has been a teacher, consultant, expert witness for the leasing industry for thirty years and can be reached at or 502-327-8666.

He invites your questions and queries.

Previous #102 Columns:

Mr. Terry Winders available as a consultant regarding assisting attorneys in resolving disputes or explaining procedures or reviewing documents as utilized in the finance and leasing industry.

He is the author of several books, including DVD's, as well as weekly columnist to Leasing News. He also performs audits of leasing companies as an expert on documentation, and has acted as an expert witness on leasing for litigation in legal and tax disputes, including before the IRS. He also has taught the senior bank examiners, how to review a bank leasing department, for the Federal Reserve in Washington D.C. and has trained the examiners for the FDIC on how to prepare a lease portfolio for sale.



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Career Crossroad— “My Facebook Profile in Job Hunting...”

Question: I have been submitting my Facebook profile to apply for a position, but no bites. I thought this was the best use of a social web page.

Answer: Your social media profile Is Not a submittal. I am glad you brought this up because personally I have received MANY submittals like this; don’t be insulted – but it’s a bit “lazy”.

A social medial profile is a supplement to a resume. IT does NOT replace the traditional form of applications (you can add your link to your resume). If you send a profile link, a Hiring Manager / HR representative/ Recruiter will interpret this as a red flag – that the Candidate isn’t willing to take the effort to submit a resume / application; which YES we all know can be tedious – but if you are serious you must.

Also amend your resume for the specific job you are applying for. You can emphasize more attributes that fit the specific position. You resume does NOT fit all the jobs you apply for.

Once written, your resume is not finished; re-write for the job you are applying for. Yes, the resume writing is never done until an employer says "You're Hired!"

Emily Fitzpatrick
Sr. Recruiter
Recruiters International, Inc.
Phone: 954-885-9241
Cell: 954-612-0567
Twitter: @RIIInfo
Invite me to Connect on LinkedIn & Follow RII on LinkedIn

Career Crossroads Previous Columns



Leasing Industry Help Wanted


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with experienced reps ready for a change.
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Dallas-Fort Worth
Seasoned Leasing professional, experienced in 3rd party generated business. Must be highly ethical, self starter with a good understanding of financials and able to produce immediately and consistently. Generous commissions paid and benefits after initial trial period.

Please submit resume to
Contact: Ron Mitchell 214-615-0667 direct

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

Please see our Job Wanted section for possible new employees.


Three, Four, Five---Why they Failed
by Christopher Menkin

The Third Bank to Fail in Tennessee 2012

The four branches of The Farmers Bank of Lynchburg, Lynchburg, Tennessee were closed with Clayton Bank and Trust, Knoxville, Tennessee, to assume all of the deposits.

This is a long time bank, founded April 25, 1888 and as of March 31, 2012 had 32 full time employees. It first branch was Oakland in 1905, second in Chapel Hill, 1931 then Somerville in 2001 and Tullahoma in 2003. There were 32 full time employees as of March 31, 2012. Year-end 2010 there were 39 full time employees

Structure change September, 29, 2009 as Oakland Deposit Bank merged and became The Oakland Deposit Bank, a division of The Farmers Bank of Lynchburg. The filing shows they brought equity capital of $12.5 million as wells as noncurrent loans of $6.6 million.

By the end of the year the total Farmers Bank equity had jumped to $26.5 million, as well as non-current loans to $7.8 million.

Oakland office

Lynchburg office

There obviously was a change in direction of the bank as the bank was heavy into being mortgage lenders as well as internet banking, and a second branch in Oakland, making three offices. Unfortunately the bank non-current loans increased, profits decreased, and then in 2010 the charge offs hit

Tier 1 risk-based capital ratio 3.53%

(in millions, unless otherwise)

2006 $372,000
2007 $331,000
2008 $513,000
2009 -$1.9
2010 -$6.6
2011 -$14.8
3/31 -$131,000

Non-Current Loans
2006 $51,000
2007 $98,000
2008 $13,000
2009 $7.8
2010 $2.5
2011 $8.8
3/31 $7.8

Net Equity
2006 $7.4
2007 $7.8
2008 $7.5
2009 $26.5
2010 $21.3
2011 $6.9
3/31 $6.7

Charge Offs
2006 -$34,000 ($-50,000 1-4 family, $16,000)
2007 -$13,000 ($-9,000 consumer, -$4,000 1-4 family homes)
2008 $15,000 ($15,000 1-4 family homes, $1,000 commercial industrial, -$1,000 individual)
2009 $87,000 ($62,000 other loans, $32,000 1-4 family homes, $1,000 indiv., -$8,000 commercial)
2010 $3.9 ($1.3 1-4 family, $83,000 individuals, $685, commercial/industrial, $560,000 construction/land, $296,000 farm land) 2011 $5.1 ($1.8 commercial/industrial, $1.2 nonfarm nonres., $1.1 individuals, $72,000 auto, $22,000 credit cards)
3/31 $261,000 ($147,000 construction loans, other loans $109,000, $112,000 nonfarm nonres, $35,000 1-4 family)

Construction and Land, 1-4 family multiple residential, Multiple Family Residential, Non-Farm Non-Residential loans.

Tier 1 risk-based capital ratio 3.53%

As of March 31, 2012, The Farmers Bank of Lynchburg had approximately $163.9 million in total assets and $156.4 million in total deposits. Clayton Bank and Trust will pay the FDIC a premium of 0.10 percent to assume all of the deposits of The Farmers Bank of Lynchburg. In addition to assuming all of the deposits of the failed bank, Clayton Bank and Trust agreed to purchase essentially all of the assets.

The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $28.3 million.

The Fourth Bank to Fail in Florida 2012

The three branches of Putnam State Bank, Palatka, Florida were closed with Harbor Community Bank, Indiantown, Florida, to assume all of the deposits. Founded on December 29, 1988, the bank had 42 full time employees as of March 31, 2012 at its two offices in St. Augustine and one in Palatka. Year-end 2006 they had 52 full time employees.

Many insider loans to board member friends and relatives in this small town with a 2000 population census of 10,730, the county seat of Putnam County, population 73,250, located on the banks of St. Johns River (perhaps best known for the St. Johns River Blues Festival and wide mouth bass fishing.

Putnam State Bank was caught in the bubble, with a board of directors who may have been well-connected in the community, but evidently knew very little about banking and risk in lending money. Look at the noncurrent loans:

(in millions unless otherwise note)

Non-Current Loans
2006 $604,000
2007 $2.1
2008 $9.1
2009 $16.0
2010 $19.4
2011 $16.9
3/31 $19.9

Palatka Mayor Vernon Meyers retired from Putnam State Bank in 2006 after serving as president, chief Executive Officer, and Director for sixteen years. He and his wife now own and operate the Dunkin Doughnuts/Baskin Robbins, and Myers Resources L.L.C., a business and financial services firm. Perhaps he got out just in time, or saw what was coming as he was in the cat bird seat to understand the loans granted.

The bank had two consent and desist order, June and September, 2010 and went into action raising money, as well as changing seats of several on the board of directors. They new group raised seven million capital in 2010 but disappeared in the two years of losses. They also replaced five board members, including the chairman. five in 2010, a roofing contractor in 2011, among them a excavation company president, a fruit and vegetable farmer, dentist, an Endodontist, a gynecologist, , while the credentials looked good, the new chairman retired in 1992 as Senior Vice President of Georgia Pacific Corporation, yes, with a lot of bank board experience, but was back at it, perhaps 85 years old:

Chairman Daniel Martinez

What did they know about banking? Or perhaps they were brought on board to raise more capital---an impossible job with the high noncurrent loans, losses, and also see these foreclosures; note many are listed for sale under $50,000:

Note all the numbers, the declining net equity from $16.2 million in 2007, and the $7 million infusion brought the net equity to $6.5 million and finally March 31, 2012: $189,000. The bank had not made a profit since 2009, and the charge offs were primarily in construction and land development, a reflection of the board of director’s occupations with March 31, 2012 a $19.9 non-current loan resulting in a Tier 1 risk-based capital ratio 0.18%.

Putnam Bank Board of Directors:

While the FDIC gets criticism for closing banks down too quickly, they also get it from taking too long. Here is an example where they wanted the community to pull together, but with the record losses, the FDIC was lucky to find a suitor to take over the branches to continue to hopefully serve the community.

(in millions, unless otherwise)

Net Equity
2006 $15.0
2007 $16.2
2008 $17.0
2009 $4.4
2010 $6.5
2011 $3.5
3/31 $189,000

2006 $1.5
2007 $1.5
2008 $239,000
2009 -$13.7
2010 -$5.5
2011 -$3.7
3/31 -$3.2

Non-Current Loans
2006 $604,000
2007 $2.1
2008 $9.1
2009 $16.0
2010 $19.4
2011 $16.9
3/31 $19.9

Charge Offs
2006 $211,000 ($132,000 commercial/industrial, $51,000 individuals, $38,000 farmland)
2007 $45,000 ($43,000 individual, $1,000 commercial industrial, $1,000 nonfarm nonres.)
2008 $683,000 ($409, 000 nonfarm nonres., $209,000 construction/land dev. $114,000 individuals)
2009 $8.0 ($6.2 construction/land development, $891,000 nonfarm nonindiv, $795,000 commercial, $49,000 individuals, $50,000 1-4 family)
2010 $3.6 ($1.9 construction/land dev., $1.3 nonfarm nonres, $299,000 commercial/ind., $133,000 1-4 family)
2011 $3.3 ($1.7 construction/land dev., $1 nonfarm nonres, $496,000 commercial, $99,000 1-4 fam.)
3/31 $1.3 ($741,000 commercial, $452,000 nonfarm nonres., $74,000 1-4 family, $12,000 individuals)

Construction and Land, 1-4 family multiple residential, Multiple Family Residential, Non-Farm Non-Residential loans.

As of March 31, 2012, Putnam State Bank had approximately $169.5 million in total assets and $160.0 million in total deposits. In addition to assuming all of the deposits of the failed bank, Harbor Community Bank agreed to purchase essentially all of the assets.

The FDIC and Harbor Community Bank entered into a loss-share transaction on $112.3 million of Putnam State Bank's assets. Harbor Community Bank will share in the losses on the asset pools covered under the loss-share agreement.

The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $37.4 million

The Fifth Bank to Fail in Georgia 2012

The two branches of Security Exchange Bank, Marietta, Georgia were closed with Fidelity Bank, Atlanta, Georgia, to assume all of the deposits. Founded April 17, 2000, the bank had 19 full time employees March 31, 2012 at their two offices in Marietta. Year-end 2007 the bank had 25 full time employees.

Georgia with its lists of many community banks was perhaps one of the hardest hit states, especially because many of these relatively new banks began to expand in perhaps one of the largest real estate bubbles the United States has experienced, which this bank started to experience in 2007 with the noncurrent loans jumping from $191,000 to $1.5 million and then the charge off and losses in 2008:

Charge Offs
(In millions unless stated otherwise)
2006 $22,000 ($23,000 commercial and industrial, -$1,000 consumer loan)
2007 $27,000 ($25,000 commercial and industrial, $2,000 loans to individuals)
2008 $2.0 ($1.1 construction/land, $$574,000 1-4 family, $209,000 commercial, $45,000 individual)
2009 $4.0 ($2.1 construction/land, $276,000 nonfarm-nonres., $238,000 multifamily, $219,000 commercial, $49,000 individuals)
2010 $2.7 ($1.5 construciton/land, $991,000 nonfarm-nonres, $50,000 multifamily, $19,000 commercial, $14,000 individual)
2011 $1.0 ($633,000 construction/land, $334,000 1-4 family, $97,000 nonfarm nonres., $6,000 individuals)
3/31 $681,000 ($473,000 construction/land, $208,000 nonfarm nonresidential)

Construction and Land, 1-4 family multiple residential, Multiple Family Residential, Non-Farm Non-Residential loans.

(in millions, unless otherwise)

Non-Current Loans
2006 $191,000
2007 $1.5
2008 $10.9
2009 $27.6
2010 $8.5
2011 $11.8
3/31 $11.4

2006 $1.0
2007 $1.5
2008 -$1.7
2009 -$6.5
2010 -$3.0
2011 -$3.3
3/31 -$281,000

Net Equity
2006 $11.7
2007 $13.7
2008 $16.3
2009 $9.5
2010 $6.1
2011 $3.2
3/31 $2.9

Tier 1 risk-based capital ratio 2.54%

As of March 31, 2012, Security Exchange Bank had approximately $151.0 million in total assets and $147.9 million in total deposits. In addition to assuming all of the deposits of the failed bank, Fidelity Bank agreed to purchase essentially all of the assets.

The FDIC and Fidelity Bank entered into a loss-share transaction on $102.8 million of Security Exchange Bank's assets.

The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $34.3 million

List of Bank Failures:

Bank Beat:




Private Equity in Bank Stocks:
---13 good for 25 chosen

SNL Financial compiled a list a list of 25 major-exchange-traded U.S. bank and thrift stocks in which a Private Equity firm owns at least 10% of the common stock outstanding, according to FactSet Research Systems Inc.

Of the 25 stocks, 13 have returned positively since the investment while 12 have lost value. For comparison, the SNL Bank and Thrift Index has lost 5.71% during the period since the earliest PE investment on SNL's list — Dec. 17, 2008 — through June 8.

Note Sageview Capital LP EverBank which bought out Tygris Leasing and is now active in equipment leasing and finance. There are others.

SNL Financial notes San Jose, Calif.-based Bridge Capital Holdings's ($1.16 billion) common stock performed the best among the PE-owned institutions identified by SNL. A commercial lender started in 2001 to focus on the technology industry, Bridge Capital's stock has returned more than 245% since CCFW Inc., which does business as Carpenter & Co., completed a $30.0 million private placement with the bank in the fourth quarter of 2008. CCFW owned 32.2% of the bank's common stock, as of April 2, according to FactSet.

"On the other hand, if investors had followed Anchorage Capital Group LLC, Capgen Capital Group LP and The Carlyle Group LLC and bought the common stock of Norfolk, Va.-based Hampton Roads Bankshares Inc. ($2.13 billion), their losses would have been in the high double digits, " the report notes. "The common stock has lost 90.0% since Anchorage participated in a private placement on Dec. 28, 2010, and has lost 94.7% since Capgen and The Carlyle Group invested on Sept. 30, 2010."

Note that in this analysis, SNL has not calculated the PE firms' return on their investments. The return of the banks' common stock may have little correlation with the PE firms' ROI, since PE firms often buy ownership at a discount to open market prices or they buy preferred shares, convertible shares, warrants, rights or other types of securities. Rather, SNL is calculating the performance of the common stock on the open market while the PE firms owned parts of the companies.

Waterbury, Conn.-based Webster Financial Corp. ($19.13 billion) has also returned highly to common shareholders since Warburg Pincus LLC purchased $115 million worth of common stock, non-voting perpetual preferred stock and warrants in 2009. The stock has returned 90% since the transaction. Warburg Pincus has a stake of 16.1% in the bank, according to FactSet.

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Top Stories June 11---June 15

Here are the top ten sorties opened by readers

(1) Career Crossroad— "Am I burnt out in leasing?"

(2) Pawnee Reports on Fire in Colorado

(3) Paul Weiss, Back in the Saddle
Re-Joins Leasing News Advisory Board

(4) Leasing 102 by Mr. Terry Winders, CLP
Forms of Funding”

(5) Four Banks—One Large, three small fail—why?

(6) Resource America downsizing its operation?
by Christopher Menkin

(7) Looking for Information on Positron

(8) Positron Complaint Investigation by Christopher Menkin

(9) New Hires---Promotions

(10) Balboa Introduces Financing for Cloud Computing Services;_ylt=A2KJjahdFthP2W0AAVPQtDMD



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

3 Tax Return Preparers Hid Millions at 2 Israeli Banks

WASHINGTON - David Kalai, Nadav Kalai and David Almog were indicted by a federal grand jury in the Central District of California and charged with conspiring to defraud the United States upon action brought by the Justice Department and Internal Revenue Service (IRS). The superseding indictment, which was returned late yesterday, was unsealed following the defendants’ arrests.

According to the superseding indictment, David Kalai and Nadav Kalai were principals of United Revenue Service Inc. (URS), a tax preparation business with 12 offices located throughout the United States. David Kalai worked primarily at URS’s former headquarters in Newport Beach, Calif., and later at URS’s location in Costa Mesa, Calif. Nadav Kalai, who is David Kalai’s son, worked out of URS’s headquarters in Bethesda, Md., as well as URS locations in Newport Beach and Costa Mesa, Calif. David Almog was the branch manager of the New York office of URS and supervised tax return preparers for URS’s East Coast locations.

As alleged in the superseding indictment, U.S. citizens, resident aliens and legal permanent residents have an obligation to report to the IRS on Schedule B of the U.S. Individual Income Tax Return, Form 1040, whether they had a financial interest in, or signature authority over, a financial account in a foreign country in a particular year by checking “Yes” or “No” in the appropriate box and identifying the country where the account was maintained. They further have an obligation to report all income earned from the foreign financial account on the tax returns. Separately, U.S. citizens, resident aliens and permanent legal residents with a foreign financial interest in, or signatory authority over, a foreign financial account worth more than $10,000 in a particular year, must also file a Report of Foreign Bank and Financial Accounts (FBAR) with the Treasury disclosing such an account by June 30 of the following year.

The superseding indictment alleges that the co-conspirators prepared false individual income tax returns which did not disclose the clients’ foreign financial accounts nor report the income earned from those accounts. In order to conceal the clients’ ownership and control of assets and conceal the clients’ income from the IRS, the co-conspirators incorporated offshore companies in Belize and elsewhere and helped clients open secret bank accounts at the Luxembourg locations of two Israeli banks, Bank A and Bank B. Bank A is a large financial institution headquartered in Tel-Aviv, Israel, with more than 300 branches across 18 countries worldwide. Bank B is a mid-size financial institution also headquartered in Tel-Aviv, with a worldwide presence on four continents.

As further alleged in the superseding indictment, the co-conspirators incorporated offshore companies in Belize and elsewhere to act as named account holders on the secret accounts at the Israeli banks. The co-conspirators then facilitated the transfer of client funds to the secret accounts and prepared and filed tax returns that falsely reported the money sent offshore as a false investment loss or a false business expense. The co-conspirators also failed to disclose the existence of, and the clients’ financial interest in, and authority over, the clients’ secret accounts and caused the clients to fail to file FBARs with the Department of the Treasury.

If convicted, each defendant faces a maximum of five years in prison and a maximum fine of $250,000. The charges contained in the indictment are only allegations. The defendants are presumed innocent and it is the government’s burden to prove guilt beyond a reasonable doubt.

Kathryn Keneally, Assistant Attorney General of the Justice Department’s Tax Division, thanked Tax Division Trial Attorneys Christopher S. Strauss and Ellen M. Quattrucci, who prosecuted the case, and Assistant U.S. Attorney Sandra A. Brown of the U.S. Attorney’s Office for the Central District of California, who assisted with the prosecution. The case was investigated by special agents of IRS – Criminal Investigation.

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Baseball Poem


by Tim Peeler

When every relationship and previously
Understood concept feels tenuous.
Albeit the gravity grows weak
And the voices that rise
Are not the sanguine few
You remember as wise, the coaches
That actually "knew" something
Beyond the roar of their anger-
Now your days on the field
Are gone or have slipped
Into the churn and become
Sweet buttered memories,
Not the indecisive hell
Of rounding second not knowing
Where the ball was and the
Third base coach hollering
At a player on the bench
While they trapped you in
A rundown. 
You recall
The running outfield catches
Of a sunny childhood, not the
Dark liner lost in the lights till
It roared toward you
Like a car with one headlight.
Memory is the shaky tightrope
You wrap your dreams around;
And faith in the past, the balance
To get you through this day. 
"Waiting for Godot's First Pitch." 
with permission of the author




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This Day in History

     1621-The first duel of record took place between two servants of Stephen Hopkins, one of the leaders of the Plymouth Colony. Governor William Bradford’s decision was rendered as follows: “The Second Offense is the first Duel fought in New England, upon a Challenge at Single Combat with Sword and Dagger between Edward Dotey and Edward Leister, Servants of Mr. Hopkins; Both being wounded, the one in the Hand, the other in the Thigh; they are adjug’d by the whole Company to have their Head and Feet tied together, and so to lie for 24 hours, without Meat or Drink; which is begun to be inflicted, but within an Hour, because of their great Pains, at their own and their Master’s humble request, upon Promise of better Carriage, they are Released by the Governor.”
    1778-The British Redcoats evacuate Philadelphia. After almost nine months of occupation, the fifteen thousand British troops under Sir Henry Clinton evacuate Philadelphia, the former US capital. The British position in Philadelphia had become untenable after France’s entrance into the war on the side of the Americans. In order to avoid the French fleet, General Clinton was forced to lead his British-Hessian force to New York City by land. Other loyalists in the city sailed down the Delaware River to escape the Patriots, who returned to Philadelphia the day after the British departure.
    1812-A after much debate in Congress between “hawks” such as Henry Clay and John Calhoun, and “doves” such as John Randolph, Congress issued a declaration of war on Great Britain on this day. The action was prompted primarily by Britain’s violation of America’s rights on the high seas and British incitement of Indian warfare on the frontier. War was seen by some as a way to acquire Florida and Canada. The hostilities ended with the signing of the Treaty of Ghent on Dec 24, 1814, at Ghent, Belgium. ( lower half of: )
    1811-The term Coodies came into the American language. The term Coodies was applied derisively to the faction of the Federalist Party that urged support for the War of 1812, a position highly unpopular with the majority of the party and the population of America, who did not want to go to war. The term derived from the series of pro-war articles written by Gulian Crommelin Verplanck, under the
pen name Abimeleck Coody. Verplanck was a distinguished editor, author, and Shakespearean scholar. People who were pro war were considered to have the Coodies. The epithet King Coody was applied to Rep. Roger Brooke Taney of Maryland, later chief justice of the Supreme Court.
    1812-After much debate in Congress between “hawks” such as Henry Clay and John Calhoun, and “doves” such as John Randolph, Congress issued a declaration of war on Great Britain. The action was prompted primarily by Britain’s violation of America’s rights of the high seas and British incitement of Indian warfare on the frontier. War was seen by some as a way to acquire Florida and Canada. The hostilities ended with the sign of the treaty of Ghent on December 24, 1814, Ghent, Belgium.
    1836-- Cynthia Ann Parker, a blue-eyed blonde Caucasian woman, was captured by the Comanche at age nine. When U.S. soldiers found her four years later in a Comanche camp where she was living under the name "Prelock," she refused to return. She said she was happy living as a Comanche. ///In 1860 she and her infant daughter were captured in a U.S. army raid and was forcibly detained. She was sent to Parker's father. The infant died soon after capture and Prelock died in 1864, according to legend, by starving herself to death longing to go back to the Comanche way of life. ///Her eldest son Quanah became chief of the Kwahadi tribe which held out against the white man. Some called him the most ferocious Indian who ever lived. In 1875 he suddenly brought his people in and settled near the Wichita Mountains in Oklahoma and saw to it that Comanche children went to school and were educated.
    1848-Captain Charles Welsh arrived in San Francisco. He was to build the first brick house in North Beach. A street was later named for him. 
    1848-Captain Charles Welsh arrived in San Francisco. He was to build the first brick house in North Beach. A street was later named for him.
    1851-The grant or patent of the "Suisun Rancho," was made for military services of Francisco Solano, Indian chief, and a Mexican citizen.
    1855, Abby Leach who in 1879 was one of the first women to be enrolled in the Harvard annex, the precursor of Radcliffe College. Later she became head of the Greek Department and very active during Vassar's formative years.
    1857-birthday of Henry Clay Folger, Jr., American businessman and industrial who developed one of the finest collections of Shakespearna in the world and bequeathed it ( The Folger Shakespeare Library, Washington, DC) to the American people. Born at New York, NY. Died June 11, 1930, at Brooklyn, NY.
    1863 - After repeated acts of insubordination, General Ulysses S. Grant relieves General John McClernand during the siege of Vicksburg.
    1864-At Petersburg, Grant ends 4 days of assaults.
The pontoon bridge serves to bring supplies, but no victories.
    1864 - Union war hero Joshua Lawrence Chamberlain is severely wounded at Petersburg, Virginia, while leading an attack on a Confederate position. Chamberlain, a college professor from Maine, took a sabbatical to enlist in the Union army. As commander of the 20th Maine, he earned distinction at Gettysburg when he shored up the Union left flank and helped save Little Round Top for the Federals. His bold counterattack against the Confederates earned him the Congressional Medal of Honor. His wound at Petersburg was the most serious of the six he received during the war. Doctors in the field hospital pronounced his injury fatal, and Union General Ulysses S. Grant promoted him to brigadier general as a tribute to his service and bravery. Miraculously, he survived and spent the rest of the Petersburg campaign convalescing at his Maine home. He returned to the Army of the Potomac in time for Lee's surrender at Appomattox, and he was given the honor of accepting the arms of the Confederate infantry. Chamberlain returned to Maine after the war and served four terms as governor. He then became president of Bowdoin College—the institution that had refused to release him for military service—and held the position until 1883. Chamberlain remained active in veterans' affairs and, like many soldiers, attended regimental reunions and kept alive the camaraderie created during the war. He was present for the 50th anniversary of Gettysburg in 1913, one year before he died of an infection from the wound he suffered at Petersburg.
    1873 - Susan B. Anthony is fined $100 for attempting to vote for president.
    1877 - birthday of James Montgomery Flag, Pelham Manor, New York, creator of the illustration of Uncle Sam.
    1878 - The 45th Congress enacted a rider on an Army appropriations bill that became known as the Posse Comitatus Act [Chapter 263, Section 15, U.S. Statutes, Vol. 20.] This act limited active-duty military involvement in civil law enforcement leaving the Revenue Cutter Service as the only military force consistently charged with federal law enforcement on the high seas and in U.S. waters and the militia, later to become the National Guard, available for such duty. The rider prohibited the use of the Army in domestic civilian law enforcement without Constitutional or Congressional authority. The use of the Navy was prohibited by regulation and the rider was amended in 1976 outlawing the use of the Air Force. In 1981, however, new legislation allowed the Secretary of Defense to bring Army, Navy, Air Force and Marine Corps support to civilian authorities in intelligence, equipment, base and research facilities, and related training.
    1892- Macadamia nuts first planted in Hawaii; became a major export item throughout the world
    1900--Birthday of author Laura Z. Hobson - wrote revolutionary novels about social injustices. Gentleman's Agreement dealt with anti-Semitism, Tenth Month, on unwed motherhood, Consenting Adult, on homosexuality.
    1906-birthday of Kay Keyser, American bandleader whose band, “ Kay Kyser’s Kollege of Musical Knowledge” enjoyed immense popularity tin the swing era. He was born James King Kern Kissers in Rocky Mount, NC. A shrewd showman and performer, he said he never learned to read music or play an instrument. Among his hit recordings were “ Three Little Fishes,” and “ Praise the Lord and Pass the Ammunition, “ a World War II favorite. Kyser retired from show business in 1951 and died at Chapel Hill, SC, July 23, 1985.
    1909-drummer Ray Bauduc born New Orleans, LA.
    1910-drummer Ray McKinley, born Ft. Worth, Texas.
    1911-Tenor sax Babe Russin born Pittsburgh,,,488048,00.html?artist=Babe+Russin
    1912—Tennessee University opens as Tennessee A&L State College
    1913-birthday Sylvia Porter, American financial journalist, born at Patchogue, NY. Her column was syndicated by the Los Angeles Times, reaching 450 newspapers worldwide. She also wrote more than 20 books and was noted for her ability to turn complex economic language into readable prose. Porter died June 6, 1991, at Pound Ridge, NY.
    1913- Sammy Cahn--- the Tin Pan Alley legend Sammy Cahn was born Samuel Cohen at New York City. He was nominated for 25 Academy Awards and won four times for” Three Coins in the Fountain” (1954), “All the Way” (1957), “High Hopes” (1959) and “Call Me Irresponsible” (1963). In the late 1940s he began working with composer Jimmy Van Heusen, and the two in essence were the personal songwriting team for Frank Sinatra. Cahn wrote the greatest number of Sinatra hits, including “Love and Marriage,” “The Second Time Around,” High Hopes” and “The Tender Trap.” Sammy Cahn died Jan 15, 1993, at Los Angeles, CA.
    1914-Birthday of country bandleader and songwriter Pee Wee King.
    1915—World famous firefighter “Red” Adair, born Houston, Texas, died August 7, 2004. He became world famous as an innovator in the highly specialized and extremely hazardous profession of extinguishing and capping blazing, erupting oil wells, both land-based and offshore.
    1928 - Amelia Earhart becomes the first woman to cross the Atlantic by airplane.
    1934-the first Nationwide highway planning survey was authorized by Congress to be made by the Bureau of Public Roads of the department of Agriculture, in cooperation with state highway departments, to obtain traffic volume, load weight, and other information needed for the national planning of a nationwide system of interstate highways.
    1936- Mobster Charles 'Lucky' Luciano is found guilty on 62 counts of compulsory prostitution.
    1937-Birthday of American novelist Gail Godwin, born Birmingham, among her books, The Odd Woman; A Mother & Two Daughters.

    1938- Babe Ruth wears a Dodger uniform for the first time as a coach. The 'Bambino' also takes batting practice with the team.
    1939 - birthday of baseball Hall of Fame outfielder Louis Clark (Lou” Brock, El Dorado, AR.
    1942 - Birthday of Paul McCartney, the most commercially-successful former member of the Beatles, was born in Liverpool, England. McCartney's association with John Lennon began in 1956 when he asked to join Lennon's group, the Quarrymen, which evolved into the Beatles. McCartney began a career on his own in 1969, just before the break-up of the Beatles, by recording a solo album which contained the hit single, "Maybe I'm Amazed." His second album, "Ram," yielded two major hits - "Another Day" and "Uncle Albert-Admiral Halsey." In 1971, McCartney formed the band Wings, which stayed together for ten years, longer than the Beatles. With Wings, McCartney had number-one hits with "My Love" in 1973 and "Silly Love Songs" in 1976. In 1982, McCartney released a solo album, "Tug of War," with numerous guest performers. Among them was Stevie Wonder, who sang with McCartney on the hit single "Ebony and Ivory." McCartney, meanwhile, sang on Michael Jackson's "The Girl is Mine," a top ten hit in 1983.
    1942 - The U.S. Navy commissions its first black officer, Harvard University medical student Bernard Whitfield Robinson.
    1944--Birthday of American Composer Paul Lansky
    1945---Top Hits
Sentimental Journey - The Les Brown Orchestra (vocal: Doris Day)
Dream - The Pied Pipers
Laura - The Woody Herman Orchestra
At Mail Call Today - Gene Autry
    1945-- Lt. Gen. Simon Bolivar Buckner, killed by Japanese artillery on Okinawa. On April 1, 1945, with his Tenth Army, he had launched the invasion of Okinawa, a strategic Pacific island located midway between Japan and Formosa. Possession of Okinawa would give the US a base large enough for an invasion of the Japanese home islands. Although there were over 100'000 Japanese defenders on the island, most were deeply entrenched in the island's densely forested interior, and by the evening of 01 April, 60'000 US troops had come safely ashore.
However, on 04 April, Japanese land resistance stiffened and at sea Kamikaze pilots escalated their deadly suicide attacks on US vessels. Over the next month, the battle raged on land and sea, with the Japanese troops and flyers making the Americans pay dearly for every strategic area of land and water won. On 18 June, with US victory imminent, General Buckner, the hero of Iwo Jima, was killed by Japanese artillery. Three days later, his Tenth Army reached the southern coast of the island, and, on 22 June, Japanese resistance effectively came to an end. Lieutenant General Mitsuru Ushijima, the Japanese commander, with some of his officers and troops, committed suicide rather than surrender. 
as the US Tenth Army overcomes the last major pockets of Japanese resistance on Okinawa Island, ending one of the bloodiest battles of World War II.
The Japanese lost 120'000 troops in the defense of Okinawa, while the Americans suffered 12'500 dead and 35'000 wounded. Of the thirty-six Allied ships lost, most were destroyed by the 2000 or so Japanese pilots who gave up their lives in Kamikaze missions. With the capture of Okinawa, the Allies prepared for the invasion of Japan, a military operation predicted to be far bloodier than the 1944 Allied invasion of Western Europe. The plan called for invading the southern island of Kyushu in November of 1945, and the main Japanese island of Honshu in March of 1946.
    1945 - Gen. Dwight D. Eisenhower received a tumultuous welcome in Washington, where he addressed a joint session of Congress. Eisenhower went on to meet Pres. Harry Truman and the 2 men established a warm relationship that later soured. In 2001 Steve Neal authored “Harry and Ike: The Relationship That Remade the Postwar World.”
    1946-Bobby Sherwood Band records “Sherwood’s Forest.”
    1948-Columbia Records begins the first mass production of the 33 1/3 RPM LP. The new format could contain a maximum of 23 minutes of music per side versus the approximately three minutes that could be squeezed on to a 78 RPM disc.
    1950-Brithday of American Composer Frank Ferko, born Barberton, OH.
    1953—Top Hits
Song from Moulin Rouge - The Percy Faith Orchestra
April in Portugal - The Les Baxter Orchestra
I’m Walking Behind You - Eddie Fisher
Take These Chains from My Heart - Hank Williams
    1953-Birthday of Robbie Bachman, drummer for Bachman-Turner Overdrive, was born in Winnipeg. The Canadian rock band, which also included Robbie's brothers Randy and Tim on guitars, was internationally popular in the 1970's with such hits as "Blue Collar," "Let It Ride," "Takin' Care of Business" and "You Ain't Seen Nothing Yet," a 1974 million-seller. At its peak, BTO won many polls and honors in the US, as well as seven Juno Awards.
    1953- Sending 23 batters to the plate at Fenway, the Red Sox enjoy a 17-run and 14-hit seventh inning as they pound the Tigers, 23-3. Sammy White sets a modern major league record scoring three times in the frame and outfielder Gene Stephens collect three hits in the to establish an American League record.
    1954 - Albert Patterson was assassinated in Phoenix, Ala. He had recently been elected as attorney general on a platform to crack down on vice. His murder led the governor to call in the National Guard to replace local law enforcement and cleanup the vice. Patterson’s son John filled the attorney general position. He was elected governor in 1958.
    1958--- Connie Francis records "Stupid Cupid
    1959-- Fats Domino records "I Want To Walk You Home"
    1959 - A Federal Court annuls the Arkansas law allowing school closings to prevent integration.
    1960-Don Sutton of the California Angels pitched a three-hitter against the Texas Rangers to win the 300th game of his career by the score of 5-1. Sutton pitched in the majors from 1966 to 1988 and finished with 324 victories.
    1961---Top Hits
Moody River - Pat Boone
Quarter to Three - U.S. Bonds
Tossin’ and Turnin’ - Bobby Lewis
Hello Walls - Faron Young
    1963- Three thousand Blacks boycott Boston public school.
    1965 - No. 1 Billboard Pop Hit: ``I Can't Help Myself,'' Four Tops.
    1966 - Gen. William Westmoreland, senior U.S. military commander in Vietnam, sends a new troop request to the Joint Chiefs of Staff. Westmoreland stated that he needed 542,588 troops for the war in Vietnam in     1967--an increase of 111,588 men to the number already serving there. In the end, President Johnson acceded to Westmoreland's wishes and dispatched the additional troops to South Vietnam, but the increases were done in an incremental fashion. The highest number of U.S. troops in South Vietnam was 543,500, which was reached in 1969.
    1966 - Gen. William Westmoreland, senior U.S. military commander in Vietnam, sends a new troop request to the Joint Chiefs of Staff. Westmoreland stated that he needed 542,588 troops for the war in Vietnam in 1967--an increase of 111,588 men to the number already serving there. In the end, President Johnson acceded to Westmoreland's wishes and dispatched the additional troops to South Vietnam, but the increases were done in an incremental fashion. The highest number of U.S. troops in South Vietnam was 543,500, which was reached in 1969.
    1967 - The Jimi Hendrix Experience makes its debut performance at the Monterey (Calif.) Pop Festival. The Hendrix album ``Electric Ladyland,'' released in 1968, tops Billboard's pop album chart for two weeks.
    1968—Poor People’s Campaign’s Solidarity Day takes place.
    1969---Top Hits
Get Back - The Beatles
Love Theme from Romeo & Juliet - Henry Mancini
In the Ghetto - Elvis Presley
Running Bear - Sonny James
    1970 - Wind and rain, and hail up to seven inches deep, caused more than five million dollars damage at Oberlin KS.
    1976-Electric Light Orchestra's "OLE ELO" goes gold. The LP is a greatest hits collection.
    1977 - Fleetwood Mac worked "Dreams" to the number one spot on the pop music charts this day. It would be the group’s only single to reach number one. Fleetwood Mac placed 18 hits on the charts in the 1970s and 1980s. Nine were top-ten tunes. 
    1977--James Taylor enters the Billboard chart with an update of Jimmy Jones's 1960 #1 hit, "Handy Man". Taylor's version will reach #4.
    1977---Top Hits
Dreams - Fleetwood Mac
Got to Give It Up (Pt. I) - Marvin Gaye
Gonna Fly Now (Theme from "Rocky") - Bill Conti
Luckenbach, Texas (Back to the Basics of Love) - Waylon Jennings
    1980-The film, "The Blues Brothers", starring Dan Ackroyd and John Belushi, premieres in New York City. Cameo's in the film include Aretha Franklin, Ray Charles, James Brown and John Lee Hooker.
    1980---One of my favorite movies, if not my favorite: "The Blues Brothers" movie opened in the US and Canada.
    1983-Dr. Sally Ride, 32-year-old physicist and pilot, functioned as a “mission specialist and became the first American woman in space when she began a six-day mission aboard the space shuttle Challenger in 1983. The “near-perfect” mission was launched from Cape Canaveral, FL, and landed, June 24, 1983, at Edwards Air Force Base, CA.
    1985---Top Hits
Everybody Wants to Rule the World - Tears for Fears
Heaven - Bryan Adams
Sussudio - Phil Collins
Country Boy - Ricky Skaggs
    1987 - It was a hot day in the Upper Great Lakes Region. Nine cities in Michigan and Wisconsin reported record high temperatures for the date. The high of 90 degrees at Marquette, MI, marked their third straight day of record heat. Severe thunderstorm in the Northern and Central High Plains Region spawned half a dozen tornadoes in Wyoming and Colorado. Wheatridge, CO, was deluged with 2.5 inches of rain in one hour.
    1989 - Unseasonably hot weather prevailed in the southwestern U.S. In Arizona, afternoon highs of 103 degrees at Winslow, 113 degrees at Tucson, and 115 degrees at Phoenix were records for the date.
    1993-- Having sold their label to Polygram three years earlier for half a billion dollars, A&M label founders Herb Alpert and Jerry Moss announce their intention to leave the company entirely. Begun in 1962, A&M was one of the first artist-owned labels, and the first successful independent label.
    1998 - The Walt Disney Co. becomes an even bigger player on the Internet with the purchase of a 43% stake in Web search engine company Infoseek Corp. Disney Plans to launch an Internet portal - a Web site that contains entertainment, news and search capabilities in one location.
    1999- Disney release the animated feature "Tarzan." The soundtrack features five tracks by Phil Collins each sung in five different languages -- English, French, German, Italian and Spanish. Collins did two versions in Spanish -- one with a Latin American accent and another with a Castilian.
    2001- Citing he wants to spend more time with his family, Orioles legend Cal Ripken Jr. announces he will retire at the end of the season. The two-time MVP will be best remembered for his streak of playing in consecutive 2,632 games. 
    2001- With the time starting when the pitcher enters fair territory, a two-minute limit for warm-up tosses thrown by relievers who come in during an inning is now mandated by the commissioner's office. At the beginning of an inning the allotted warm-up time will be 1:40 unless the game is on national television in which event the time allowed will be increased by 20 seconds.
    2002- In the first major league game to feature four players with 400 career homers, the Cubs beat the Rangers, 4-3, as Alex Gonzalez hits a walk-off homer in the bottom of the ninth inning. Sammy Sosa (475), Fred McGriff (459) and Juan Gonzalez (401) watched Rafael Palmerio add his 460th home run to the total.
    2005 - After 136 at-bats and 155 plate appearances with the bases full, Derek Jeter hits the first grand slam in his carrier. The Yankees shortstop’s homer ends the longest drought (at bats and number of homers) among current major leaguers without hitting a bases loaded home run.




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- Talk About Chutzpa, Fanghella has more than Trump
- License Up-Date for Leasing in United States
- Loan/Lease Statute Up-Date
- Three Class Action Suits re: Brican America
- Verifying Tax Returns
- Starting a Leasing Company-Four Parts
   by Mr. Terry Winders, CLP
- Free Mobile Wine Program
- 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