Monday, June 9, 2003 Headlines--- Bidding
Continues for Decision Systems Menkin
will be there this Thursday Alexa
Ranks Leasing Association Web Sites Leasing
News Website Statistics Highlights
This Day in American History ------------------------------------------------------------------------------------------
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Economic
Events This Week June
9 Monday Credit
and Collections Management Conference & Exhibition Ritz Carlton
Hotel, Philadelphia, PA. ELAonline.com June
10 Tuesday 6/10 Baltimore
Crab Feast Gunnings
Seafood Restaurant Hanover, MD Hosted by: Dennis Horner The Equipment
Leasing Company Nancy Pistorio Madison Capital eael.org Credit
and Collections Management Conference & Exhibition Ritz Carlton
Hotel, Philadelphia, PA. ELAonline.com June 11 Wednesday Beige Book June
12 Thursday Inventory-Sales
Ratio: April Retail
Sales: May Weekly
Jobless Claims 6/12 NORTH BAY
REGION NETWORKING EVENT UAEL.org June 13 FRIDAY Balance
of Trade: April Producer
Prices: May --------------------------------------------------------------------------------------------- Leasing
Industry Help Wanted
Job Wanted at: http://65.209.205.32/LeasingNews/JobPostings.htm -------------------------------------------------------------------------------- Bidding Continues for Decision Systems The latest from the New York Stock Exchange shows Robert
W. Baird, Limited, the United Kingdom arm of Baird, USA, has 500,000 shares
since the bidding started. The offer
from CapitalStream remains on the table. At the time going to press, the London Stock Exchange had
nothing more current. The bidding
has been going on since June
2, when CapitalStream posted its offer. -------------------------------------------------------------------------------------------------- Menkin
will be there this Thursday If you have a gripe, or want my ear, you’ve got the chance
at the United Association of Equipment Leasing North Bay Regional Networking Event. So if Hy Bren, Matt Shieman, Kevin Riegelsberger, Tom Depping, or anyone from American Express Business Express, wants a
piece of me, now is your opportunity. My very, very good friend Bob Teichman is in charge, so if
you want to walk in without paying at the last minute, contact him at: BoTei@aol.com ( His claim to fame is he is married to one
wonderful lady.) THURSDAY,
JUNE 12, 2003 UAEL NORTH
BAY REGION NETWORKING EVENT 5:00 pm
to 7:00 pm Valhalla
Restaurant 201 Bridgeway,
Sausalito, CA Tel: 415-331-9463 No-host
bar Members
of UAEL and other leasing organizations $35.00 Non-Members
$45.00 Registration:
UAEL 760-564-2027 or on-line at www.uael.org ------------------------------------------------------------------------------------- Cartoon---Business Lunch http://two.leasingnews.org/cartoons/BIZLUNCH.jpg ---------------------------------------------------------------------------------------- Alexa Ranks Leasing Association Web Sites Dave Mayer is number
#1. I am sure his law partners can’t believe it.
These comparison are compiled by Leasing News using Alexa
and should be viewed as a "sampling," rather than actual count
from the website itself. The Alexa tool bar works on most browsers. They are partnered
with Google. You may download their free tool bar. To learn more about how the rankings work: http://pages.alexa.com/prod_serv/quicktour_new.html The Top Ten Sites, according to
Alexa, are: Yahoo MSN.com Google Passport.net Ebay.com Microsoftwindows Amazon.com Go Network Hot Mail CNN Leasing News Website Statistics by Christopher “Kit”
Menkin We have over 4,500 visitors a day to the website, according
to Web Trends. Over fifty percent go directly to the site, meaning they
read Leasing News primarily. In the “most requested pages,” The List is number one: http://www.leasingnews.org/list.htm “Top Stories” is second.
This is at the bottom page of the website, where we list the top stories that Leasing News has printed, from
the most recent, to the perhaps the last few months. Third is our archives. They
are free. Everyone else charges,
especially if over a month old. We
have gone through several search engines, and we are still not satisfied. The problem is it is over 2,500 pages. We have a project on the list to divide the group into years,
and perhaps, that will make the search easier. http://www.leasingnews.org/archives.htm Fourth is “Classified ads.” The average visitor spends 3:02 minutes on this section, according to Web Trends. We do get results, as job finders tell us they are contacted, and many have found jobs from
out sites. Others have been on the site for over six months, and we
wish them the best. Hopefully many are employed looking to improve
their position. I know how
it is, as I remember when I was out of work, and everyone was telling me I was “too qualified for the
job, and when what I was really seeking came up, I would leave.” You never forget those days. That is why Leasing News is dedicated to helping people find jobs. We hope our news drives more readers to the site, and then, the people looking for a job might get lucky. http://65.209.205.32/LeasingNews/JobPosting.htm The Complaint Bulletin Board is fifth in visits. http://www.leasingnews.org/bulletin_board.htm Next is “Books.” I
really am pleased readers visit this section. We have been promoting this section. When I started in the leasing business in 1971, the only
place I had to learn about leasing was the library. I read every book. Today there are many leasing conferences; however, books still can be your best friends. You read at your own pace, you re-read, you re-visit, and when you are unsure, or need that extra push, your friend is waiting on the shelf for you to spend time. http://two.leasingnews.org/Books.htm Recommendations is next.
Many readers are not aware of the many subjects available to them. Recently we have been noting the latest on line calculators or hoaxes. They are here at: http://two.leasingnews.org/recommendations.htm One day, I will expand
the restaurant section. The late
Jeff Wong was a master. We still have his book of recommendations on line ( They
are still valid).What a talented person Jeff Wong was. I remember one performance
at the National Association of Equipment Leasing Brokers.
He was better than Jay Leno.
He could also sing. He
made you almost like lawyers. ----------------------------------------------------------------------------- Georgie Patton and D-Day Customer information --- Name = eric desmond Email
= afclessor@cs.com Comments or Questions=
I thank you for printing the Patton speech. If anyone criticizes you
for your decision, tell them to get lost. No matter how much one hates
this country, they have to agree (unless they are a nazi), the Americans
saved the world that day. Or, you can simply tell them I would not leave you alone
until it was printed. The choice
is yours!!! (I did learn that hundreds, maybe as many as 500, did not
get the newsletter. They have filters on their computer that stop "profanity."
This was especially true of larger corporations such as GE Capital,
Bank of America, Seimans, financial placements, moneywortz, dnb, asset
control, republic leasing, fair
issacs, and others. (I have not experienced that before as we don't use that
language in Leasing News, although General Patton used it in his speech to his
troops. I wonder what he would use today having CNN or the Fox network carrying
it. I doubt it would have been "live," as the invasion was secret...on
the other hand, the press reported on his for slapping a soldier for being afraid to
fight. Let me guess Patton would have excluded the media as the
talk was between he and his troops---not the rest of the world. I don’t think
he wanted to clean up the language, as it certainly adds to the effectiveness
of the talk to his troops. Editor) ---- Let's not forget that 59 years ago our fathers began a tremendous
fight for our freedom. Without
them and their victory we would not be able to carry on
today in our free society. Bo Bohannon I visit my father every morning in the assisted living home
he lives in nearby and I got a bunch of the folks there talking at breakfast
about their memories of D-Day. Even
though not all their memories are clear on the details, (and many can't
remember what they did yesterday or where they sit for breakfast!),
important days from their pasts, like D-Day, are etched indelibly in
their minds. It was fascinating
and touching to hear them reminisce about it.
It's impact on them to this day is amazing. My own father was
just finishing medical school at the time of D-Day and his draft was
being delayed until his graduation because they wanted doctors. He went to France and then Germany as an officer
in the Army Medical Corps near the end of the war and spent most of
his service time with the occupation troops working in Displaced Persons
Camps where they tried to treat and repatriate the hundreds and hundreds
of thousands of people from all parts of Europe who were left homeless
by the war. When he left home, my mother was expecting my
oldest sister and she was three before my father ever saw her. His sacrifice was nothing compared to what many,
many others gave up. We certainly
do owe that generation a lot for what we've enjoyed and many more folks
of that generation were called on to put others ahead of themselves
than any time since. I'd like
to think we learned from their example and would rise to their level
of commitment and sacrifice if necessary and that it just hasn't been
as necessary because of them ...but sometimes I wonder. Thanks again, for
reminding us all about D-Day and the generation of our fathers. I'd be interested in hearing about anyone else's
parent's recollections of or participation in that day. Gerry Egan GerryEgan@ForEquipmentLeasing.com D-Day symbolizes the gift and ultimate sacrifice from what
Tom Brocaw calls 'The Greatest Generation'. I suggest you all read his book by that name or see the movie, 'Saving Private Ryan' again.
Their sacrifices are no less gallant than those who fought and
died in other conflicts. The difference
may be that World War II seemed to be a war where the cause was universally embraced. The victory was emphatic and the bad guys clearly defined. These individuals were mostly
killed or held accountable in a world court. My father, Gene Meacher, was the executive officer of a Naval
aviator squadron during World War II that island hopped through the
South Pacific. He was not
involved in D-Day but he told me of many of his bloody battles and many friends who did not return or did
not return whole. His best story
was not of Guadalcanal, Espiritu Santos or Tarawa but was an entirely personal story. My father and a pilot friend buried a case of scotch beneath
some palm trees on New Caledonia. Like
many in combat, they promised to return one day and drink a toast to their fallen comrades. That pilot went on to become Secretary of the Navy under Ronald Reagan and later
the United States Ambassador to Australia. The Ambassador invited my parents to Canberra for a holiday. They
played golf, ate a fine restaurants and talked of old times. They
recalled the scotch on New Caledonia. The Ambassador requisitioned a plane and convinced an Australian
Royal Navy search team to accompany them on a 'training mission'.
They flew to New Caledonia and searched for two days. Forty years had changed the island and they did not find the scotch. They did however bring a back up bottle of their own and sat on the beach as old men remembering
and honoring their less fortunate comrades. We should always strive to honor all those who have and continue
to sacrifice for our freedoms. Mike 800-403-0422 (For those of you who missed the Patton D-Day speech, and
would like to read it, it is at the end of this Highlights This
Day in American Leasing History: http://www.leasingnews.org/archives/June%202003/06_06_2003.htm#high Highlights This Day in American History 1772-The first naval attack in the
Revolutionary Ware was made against
the British revenue cutter Gaspee, commandeered by Lieutenant William
Duddington, which ran aground while chasing the packet Hanna off Namquit
Point, Providence, RI, in Narragansett Bay. During the night, merchant
John Brown and number of others rowed out in eight longboats captained by Abraham Whipple, board
the Gaspee, and set it on fire. 1846-
John Parker Hall of New Hampshire was elected, running on the first
antislavery ticket. He switched
from serving as a Democrat in the House of Representatives and ran as
a Republican, starting the antislavery “ticket.” 1887-
Gertrude Agnes Muller birthday, U.S. businesswoman and inventor. Her
widowed mother ran a boarding house and sold her homemade doughnuts
to support the family. It was from her that GAM learned her keen business
sense. She invented the "toidey seat" as well as other
baby and young child aids and was one of the first developers of a child
safety seat for automobiles. 1856-
a band of 497 Mormons left Iowa City, Iowa, and began the more than
1,000-mile trek to Salt Lake City. They carried all their goods in about
100 two-wheeled handcarts, most of which were heaped with the maximum
load of 400 to 500 pounds. Each family usually had one cart, and the
father and mother took turns pulling while any children old enough helped
by pushing. The handcart immigrants soon ran into serious problems.
The Mormon craftsmen who had constructed the handcarts back in Iowa
City had chosen to use wooden axles instead of iron in order to save
time and money. Sand and dirt quickly wore down the wood, and water
and heat made the axles splinter and crack. As the level terrain of
the prairies gave way to the more rugged country of the Plains, the
sheer physical challenge of hauling a 500-pound cart began to take its
toll. One British immigrant who was a skilled carpenter wrote of having
to make three coffins in as many days. Some of the pilgrims gave up.
Two girls in one handcart group left to marry a pair of miners they
met along the way. The majority, however, struggled on and eventually
reached the Salt Lake Valley. Over the course of the next four years,
some 3,000 Mormon converts made the overland journey by pushing and
pulling heavy-laden handcarts. Better planning and the use of iron axles
made the subsequent immigrations slightly easier than the first, and
some actually made the journey more quickly than if they had used ox-drawn
wagons. Still, once the church finances had recovered, Young's followers
returned to using conventional wagons. The handcart treks remained nothing
less than heroic. One Mormon girl later estimated that she and her family
had each taken over a million steps to reach their goal, pushing and
pulling a creaking wooden handcart the entire way. http://www.handcart.com/frameset_hunthodgett.htm http://www.xmission.com/~nelsonb/handcart.htm 1863-The
largest cavalry battle of the war is fought at Brandy Station, Virginia. After the Confederate victory at Chancellorville in early
May, Lee began to prepare for another invasion of the North by placing
General J.E.B. Stuart's cavalry at Brandy Station, just east of Culpeper,
to screen the rest of the Army of Northern Virginia as it started toward
the Blue Ridge mountains. Stuart used this time at Brandy Station to
stage a grand parade in order to boost morale and show off his dashing
troopers to local residents. Unbeknownst to Stuart, his pompous display
was observed by uninvited Union cavalry and infantry under the command
of General Alfred Pleasonton, who lurked across the Rappahannock. On
June 9, Pleasonton struck the surprised Rebels in a two-pronged assault.
After initially falling back, the Confederates eventually rallied, and
the battle raged all day around St. James Church. The battle's key moment
came when Union troops headed to seize Fleetwood Hill, an elevation
from which the Yankees could shell the entire battlefield. Confederate
Lieutenant John Carter struggled to mount a cannon on the hill and fired
a single shot that stopped the Union troopers in their tracks. The Yankee
officer leading the charge suspected the Confederates had a line of
guns sitting just over the top of the hill, when in fact it was a single
gun with barely enough powder for a single shot. Carter's heroic act
saved the day for Stuart. The move bought time for the Confederates,
and they held the hill. The battle continued until late afternoon, with many spectacular
cavalry charges and saber fights in addition to hand-to-hand combat
by dismounted cavalry. In the end, Stuart's forces held the field. Although
it was technically a Rebel victory, the battle demonstrated how far
the Union cavalry had come since the beginning of the war. Stuart's
cavalry had been the master of their Union counterparts, but its invincibility
was shattered on that muggy Virginia day. http://www.brandystation.org/ http://www.brandystation.org/pages/battle.htm http://www.nps.gov/frsp/brandy.htm http://americancivilwar.com/brandy_station.html http://johnsmilitaryhistory.tripod.com/brand.html http://www.americancivilwar.com/statepic/va/va035.html 1891-Cole
Porter's birthday. Each day we celebrate life with the birthday of a
notable musician, artist or American. The purpose is to celebrate life
and a birthday is the perfect day to do so..
An excellent book is available at amazon.com titled Cole Porter:
A Biography by William McBrien. You will find my review of this book
along with others on Amazon.com . Porter published his first song,”
The Boblink Waltz” at the age of 10.
His career as a composer and lyricist for Broadway was launched
in 1928 when five of his songs were used in
the musical play, “ Let’s Dot It.” His prolific contributions to the
Broadway stage included Fifty Million Frenchmen, Wake up and Dream,
The Gay Divorcee, Anything Goes, Leave It To Me, Du Barry was a Lady,
Something for the Boys, Kiss Me Kate, Can Can and Silk Stockings.
Both of Porter's legs were crushed in a horseback riding accident
in 1937, and he became a semi-invalid thereafter. Porter was born at
Peru, IN, and died at Santa Monica, October 15,1964. 1899 - James J. Jeffries scored an
11th-round knockout against "Sunny" Bob Fitzsimmons at Coney
Island, New York. Jeffries became heavyweight boxing champ as a result.
1902
-Horn and Hardart Baking Company opened the first automatic arrangement
for vending food at 818 Chestnut Street, Philadelphia, PA, on June 9,
1920. The mechanism, which cost $30,000, was imported
from Germany, where the patents were acquired from their Swedish originators.
The company then opened a chain of Automate restaurants in cities across
the nation, including New York City, where a branch opened in 1912 at
1515 Broadway. These automats used a different mechanism that was patented
and manufactured by Horn and Hardart. Customers were presented with
an array of little compartments, each containing a dish of prepared
food visible through a glass door. When the customer dropped a nickel
in the proper slot, the door popped open, allowing the customer to remove
the dish. The compartments were refilled from behind by restaurant workers. 1909-The
trip that changed women's attitude towards automobiles from “Woman of Achievement and History:” Alice Huyler Ramsey,
22, with three women friends as passengers got behind the wheel of a
topless motor car in New York City and headed west. Predicted to turn
for home within days, the women sped across the U.S. to San Francisco
in 41 days and proved that women could drive "just like a man." The new Maxwel Ramsey
drovel could hit 40 on the few good roads there were. Most of the "roads"
were nothing more than rutted wagon trails. Sponsored by the
Maxwell company, the women's trip was well publicized. Ramsey did all
the repair work herself like changing sparkplugs and fixing flats. The
women "passengers" were called a working crew by Ramsey. AHR drove cross country almost 70 more times,
doing it once a year until her death at 96. She held a valid driver's
license. In accepting an AAA award for her part in proving
that "automobiles are here to stay rugged and dependable enough
to commend any man's respect, gentle enough for the daintiest lady,"
AHR included herself among "the great women drivers who were convinced
we could drive as well as most men."
A 1909 "in town" race of women drivers show the cars
and the race conditions in cities. But outside the cities, there were
virtually no roads - just wagon trails. For years many women were afraid
to drive because it infringed on the male prerogative. Men were men
and could not be expected to trust a woman behind the wheel of a car.
Most women chose not to challenge for the driver's seat since it made
the man look less virile. Another
reason was that a woman behind the wheel of a car caused rampant road
rage as men deliberately crashed into the cars driven by women to teach
them not to challenge men's rights. http://www.undelete.org/woa/Ramseyalice.JPG Driver Alice Ramsey, 2nd from left, and her three women "passengers"
after the first coast to coast automobile by women. The women actually
made up a support team such as backs up the cars in the NASCAR races
rather than being just passengers.. The women made all the repairs from
changing sparkplugs to flat tires. 1924
- Jelly Roll Morton and his band recorded "Jelly-Roll Blues"
for General Records. 1934-
Donald Duck makes his first film appearance, in The Wise Little Hen,
a short by Walt Disney. Donald, along with Mickey Mouse (who debuted
in 1928), would become one of Disney's most beloved characters. Donald's
popularity also led to other characters in the Duck family, including
Daisy Duck, Uncle Scrooge, and nephews Huey, Dewey, and Louey. 1943—FDR
introduces “Withholding tax” on payroll; popularly known as the "Pay
As You Go Tax," allowed Americans to taxpayers to withhold federal
income taxes before getting paid their wages or salaries. It also was
a major cash boon for the government, especially for the wartime economy. 1944—Top
Hits Long Ago and Far Away - Helen Forrest & Dick Haymes I’ll Get By - The Harry James Orchestra (vocal: Dick Haymes) I’ll Be Seeing You - Bing Crosby Straighten Up and Fly Right - King Cole Trio 1946
- Mel Ott of the New York Giants had the honor of becoming the first
manager to be ejected from both games of a doubleheader. 1952—Top
Hits Kiss of Fire - Georgia Gibbs Blue Tango - The Leroy Anderson Orchestra Be Anything - Eddy Howard The Wild Side of Life - Hank Thompson 1953
- About 100 people died when a tornado struck Worcester, Massachusetts.
1954
- Army counsel Joseph N. Welch asked Sen. Joseph R. McCarthy, "Have
you no sense of decency, sir?" during the Senate-Army Hearings.
The audience of citizens and newspaper and television reporters burst
into wild applause. Just a week later, the hearings into the Army came
to a close. McCarthy, exposed as a reckless bully, was officially condemned
by the U.S. Senate for contempt against his colleagues in December 1954.
During the next two- and-a-half years McCarthy spiraled into alcoholism.
Still in office, he died in 1957. http://www.nytimes.com/learning/general/onthisday/big/0609.html 1956-Bestselling
crime novelist Patricia Cornwall, creator of crime- solving medical
examiner Kay Scarpetta, born Miami, Florida. Hoping to become a crime
novelist, Cornwall spent six years studying forensic science and working
at the morgue. She wrote three novels between 1984 and 1988, all featuring
a dashing, adventurous, and poetic detective hero, with a minor medical-
examiner character named Kay Scarpetta. An editor advised Cornwall to
focus on Scarpetta and to write grittier fiction based on everyday crime
situations faced by the morgue. Cornwall wrote Postmortem, which was
finally accepted by Scribner's after seven other publishers rejected
it. The novel won five major mystery awards that year and sold hundreds
of thousands of copies in paperback. Cornwall's subsequent Scarpetta
novels, including Cruel and Unusual (1993) and Cause of Death (1996),
sold in the millions and have been translated into 22 languages, earning
her multimillion-dollar advances. 1960—Top
Hits Cathy’s Clown - The Everly Brothers Burning Bridges - Jack Scott Paper Roses - Anita Bryant Please Help Me, I’m Falling - Hank Locklin 1962
- Tony Bennett made his debut at Carnegie Hall in New York City ten
years after making his first hit song, "Because of You." 1968—Top
Hits Mrs. Robinson - Simon & Garfunkel Tighten Up - Archie Bell & The Drells This Guy’s in Love with You - Herb Alpert Honey - Bobby Goldsboro 1969
- The U.S. Senate confirmed Warren Burger to be the new chief justice
of the United States, succeeding Earl Warren. 1973
- Secretariat won the Belmont Stakes, becoming the first American Triple
Crown winner in 25 years. 1975
- Tony Orlando and Dawn received a gold record for their hit song "He
Don’t Love You (Like I Love You)". The album sold a million copies,
and was number one for three weeks from May 3 to 17, 1975.
It was also one of five million copy sellers for the trio. "He
Don’t Love You" was a remake of a hit Jerry Butler crooned in 1960. 1976—Top
Hits Love Hangover - Diana Ross Silly Love Songs - Wings Get Up and Boogie (That’s Right) - Silver Convention One Piece at a Time - Johnny Cash 1978
- Leaders of the Church of Jesus Christ of Latter-day Saints struck
down a 148-year-old policy of excluding black men from the Mormon priesthood.
1980
- Comedian and actor Richard Pryor suffered almost fatal burns at his
San Fernando Valley, California home when a mixture of "free-base"
cocaine exploded and set him on fire. Near death, he convalesced at
Sherman Oaks Community Hospital Burn Center. 1981-Xerox
is the first with a personal computer for the office: Xerox 820. Basically
a word processor, it retailed for $3,000, had two disk drives and a
monitor displaying twenty- four lines of 80-character type. http://www.geocities.com/SiliconValley/Peaks/9595/xerox.html 1983
- Kansas City Chiefs running back Joe Delaney tragically drowned while
trying to save three children from drowning in Monroe, Louisiana. Two
of the children perished, but one made it to safety. A few weeks later,
Pres. Reagan posthumously awarded Delaney the Presidential Citizens
Medal. 1984—Top
Hits Time After Time - Cyndi Lauper Oh Sherrie - Steve Perry The Reflex - Duran Duran Someday When Things are Good - Merle Haggard 1985
- American educator Thomas Sutherland was kidnapped in Lebanon, and
he was released in November 1991 along with fellow hostage Terry Waite.
1985
- The Los Angeles Lakers narrowly beat the Boston Celtics, 111-100,
to win their first National Basketball Association title in nine tries
against the Celtics. Since 1959, when they were based in Minneapolis,
Minnesota, the Lakers had been shut out of the championship series.
The most-valuable-player for the winning Lakers was Kareem Abdul-Jabbar. 1993—Top
Hits That s The Way Love Goes-- Janet Jackson Freak Me- Silk Knockin Da Boots, H-Town Weak- SWV 1993
- What's Love Got to Do With It?, a film about singer Tina Turner and
how she rose to rock stardom with her abusive husband Ike Turner, opened
in U.S. theaters. The film was well received, and the stars, Angela
Bassett and Laurence Fishburne, were both nominated for Oscars. Bassett
won a Best Actress Golden Globe for her electrifying performance as
Tina. 1998-Top
Hits The Boy Is Mine, Brandy Too Close- Next You re Still The One- Shania Twain My All- Mariah Carey 1999
- Ricky Martin's self-titled album was certified multi-platinum on this
date. NBA Finals Champions
This Date 1985 Los Angeles
Lakers
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