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Monday, March 14, 2011

Today's Equipment Leasing Headlines

  Lease Police Attention---
   Classified Ads---Sales Manager
 Kauai, Hawaii Tsunami Morning
  Richest Man in Leasing: Steven Udvar-Hazay
   Lease Company vs. Commercial Equipment Finance Company?
    by Archie Julian
Bank Beat---Black Bank Wisconsin Failure Obvious
 Oklahoma Bank Failure, Why? Allied Health $78 MM & its bank
  Alexa Report on Leasing Media—Leasing News Remains #1
   Classified Ads---Help Wanted
    Quail Capital's Ashan Visits Jim Swander in Cambodia
     This Picture is Worth a Trillion $$$$
      Leasing Conferences---Up-Date
       Top Stories March 7 - 9
 Jane Eyre/Of Gods and Men
Movie/DVD Reviews by Fernando Croce
 The Fighter/Hereafter/A Film Unfinished
   Leasing Software Companies
    Santa Rosa, California Adopt-a-Dog
News Briefs---
 Second explosion at stricken Japan nuke plant
  Disruptions of Power/Water Threaten Japan’s Economy
   Japanese Stocks Plunge as Investors Worry
    Deere Creates Equipment Leasing Program for Russia
     In Bangkok, KBank unit targets equipment
      Winmark Corp. Reports Operating Results (10-K)
        Pitney Bowes, 2nd Highest Dividend, but Worth it?
         Lessons Learned by GreatAmerica CEO Tony Gologic
          HP CEO Apotheker Broke Rules with Board Appointments
           List of Richest People in the World
      The Burden of Pensions on States
       Sahara in Las Vegas to close in May
        Guy Fieri's stolen Lamborghini seen Marin County roads
         Legendary Jazz drummer Joe Morello dies at 82

Broker/Funder/Industry Lists | Features (collection)
Top Ten Stories Chosen by Readers | Top Stories last six months

  Discovered: The Happiest Man in America
    You may have missed
     Sports Briefs---
      California Nuts Briefs
      "Gimme that Wine"
       This Day in American History
         Daily Puzzle
           Weather, USA or specific area
            Traffic Live----

A hacker breached the Leasing News mailing program via "Send This Page to a Friend" and therefore we have to eliminate this portal. A more secure method for fowarding stories is in process and please excuse our experiment with it as we also up-date our masthead for these changes.

Perhaps the hacker did us a favor as we attempt to improve our service to our readers. First attempt, this Wednesday edition.
Kit Menkin, editor/publisher

######## 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.


Lease Police Attention---

  • Digital Laser & Print Equipment Specialists

  • Xerox Docucolor, Konica-Minolta, Canon, Toshiba, Kyocera

  • Serving End-Users, Resellers, And Dealers

  • Experienced In Filling 20' And 40' Containers

  • Equipment, Bulk Order Toner and Consumables

"We are presently investigating the following company, If you have had in the past any applications or have one currently, please inform me ASAP.

“Pinnacle Copy & Print, LLC
600 Anton Blvd. Costa Mesa, Ca. 92626

Bernie Boettigheimer CLP
Lease Police, Inc.

(Leasing News provides this ad “gratis” as a means
to help support the growth of Lease Police)


Classified Ads---Sales Manager

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

Bayville, NJ
Dedicated individual seeking a account management position, 3 years leasing experience and 15+ years sales experience. Resume furnished upon request,
email Frank at .

Fort Myers, Florida
Very experienced and strong skills with both Captive and Specialty Sales Management. Over 25 years , will relocate and travel---successful and team player.

Free Posting for those seeking employment in Leasing:

All “free” categories “job wanted” ads:


Kauai, Hawaii Tsunami Morning
Photo by Don Myerson, President, BSB Leasing

Shipwreck Beach, next to the Grand Hyatt Hotel, Koloa

“A quick report to update you on the condition of Kauai after the devastating earthquake in Japan and the subsequent Tsunami warning for Hawaii and the US West Coast.

"We knew there was a Tsunami warning for Kauai when we went to bed Thursday night expecting to hear the warning sirens later that night. At about 1:30 am on Friday morning the police drove through our neighborhood sirens blaring ordering us to evacuate. We packed up the cars with food, water and kids and headed to some friends house on higher ground. We got everyone settled for the remainder of the night about 3:00 am just about the time the Tsunami was scheduled to hit Kauai. Sirens rang for the remainder of the night keeping most of us up till morning. Had no clue what was happening till we got the all clear about 10:00 on Friday morning. Got home to find everything just as we left it the night before. In a rerun of last years Tsunami warning, Kauai was again spared as the Tsunami went past the island without causing any major damage. High surf on certain beaches primarily on the west side of the island caused some damage to the beaches but no real property damage was sustained. As you can see from the picture, Friday morning was a typical beautiful sunrise over your favorite beach at Shipwreck beach in front of the Hyatt.

Like last year, Kauai escaped a potential major disaster. Our thoughts and prayers go out to the people in Japan that weren’t so fortunate.


Don Myerson
BSB Leasing, Inc.
303-329-0227 ext. 227

(As seen on television, the California coast was hit, primarily Northern California with many harbors smashed, yachts turned loose and dashed among rocks and other yachts, and what deaths occurred were from sign seekers getting to close to the water and drawn in by the powerful tide. Kit Menkin.)


Richest Man in Leasing: Steven Udvar-Hazay

Overall the 409th richest man in the world, according to Forbes magazine, 132 richest in the United states, 65 year old Steven Udvar-Hazay, International Lease Finance, lives in Beverly Hills, California, married with four children. $2.8 billion.

Three years ago he was listed as number #288 worldwide; however, the net worth was $2.7 billion, so he really hasn't gone down that much. It is others have gone up at lot more.

"Left Budapest as a child, moved to New York. Entered aircraft business while still an undergraduate at UCLA; put together $1 million airplane deal for Air New Zealand senior year. With fellow Hungarians Louis and Leslie Gonda, used $150,000 savings and $1.7 million bank loan to start International Lease Finance Corp. Sold to AIG for $1.3 billion in stock in 1990; claims to have cashed out of AIG stock before stock plummeted. Recently announced plan of IPO for his new company Air Lease Corp that could raise up to $100m. Retired as ILFC chairman and chief executive in February; certified jet-pilot starting a new aircraft leasing business. Gives to Smithsonian."

ILFC was the nation's largest lessor and financier of jet aircraft.

They would place orders for jets way in advance often with no deposit, letting the airplane manufacture finance the transaction, and by choosing the right aircraft, often directing the marketplace, inflation and demand would push the selling price so far up that a lease or finance was even more attractive than a purchase.

Major sponsor of the Smithsonian National Air and Space Museum:

The National Air and Space Museum's Steven F. Udvar-Hazy Center

There are 1140 listed who are worth over $1 billion. No other leasing person is among them than Steven Udvar-Hazay.


Lease Company vs. Commercial Equipment Finance Company?
by Archie Julian

(Reprinted with permission from Exchange Bank March Newsletter)

One of the issues we've had to deal with is whether to be a lease company or a commercial equipment funding company. We have looked at others in the business for guidance. The fact that Bank of the West Leasing is now known as Equipment Finance Division did not go unnoticed. Many lease brokers have stated flatly the term "Leasing" has lost some of its cache. In addition, more and more of the transactions we fund are Equipment Finance Agreements. The latter fact may be due to the way lease companies have handled or mishandled residuals. Should "Leasing" be in the company's name?

At one time business people sought out leasing companies. The facts combined to make leasing very attractive. Traditional funding sources were very strict in their lending practices, demanding larger down payments, insisting the client use their company for all their financial needs, deposits, checks, etc., and requiring burdensome documentation on every transaction. Much of that has changed. Traditional funding sources are more flexible now. Traditional funding sources have learned that a lease can be a loan and many have leasing departments. One might conclude the traditional funding sources are smarter, leaner, and hungrier than in the past. Yet business people are still willing to work with independent commercial equipment financing companies (Brokers).

Why? Business people work with Brokers because they make it easier. That is worth something. Also, many traditional funding sources have moved the finance decision maker to a central location - away from the client. Which may raise the question: Is there any difference between working with a Broker and a traditional funding source. Both package for a distant credit manager, both gather essentially the same information, and neither is really in control, though may influence the final decision. An insightful client may see a significant difference in that the traditional funding source contact can only fund transactions that fit their organizations credit appetite - it is a pass/fail situation. Brokers often represent several organizations and can present the transaction to a more likely funding source.

The question to consider: Is it better to be a Commercial Equipment Finance Specialist or a Lease Broker?

Exchange Bank Leasing
444 Aviation Blvd.
Santa Rosa, Ca. 95402
Archie Julian, Broker Relations Officer|


Bank Beat-Black Bank Wisconsin Failure Obvious
Oklahoma Bank Failure, Why? Allied Health $78 MM & its bank

by Christopher Menkin

The third bank to fail in Wisconsin this year and the 25th to fail in the United States Legacy Bank, Milwaukee, Wisconsin, was closed with Seaway Bank and Trust Company, Chicago, Illinois, to assume all of the deposits. Founded July 29, 1999 by three Milwaukee African-American women -Deloris Sims, Margaret Henningsen and Shirley Lanier. They raised $5 million startup capital to open the inner city bank. The bank has 37 fulltime employees.

Bank equity had dropped from $10 million December 31, 2009 to $2.4 million December 31, 2010 as noncurrent loans jumped in the same period from close to $13 million to $40.7 million. The bank lost $15.2 million December 31, 2009, and $9.2 billion December 31, 2010.

While the public relation push by the bank was reportedly "serving “unbanked and under-served” individuals who previously had no place to turn for credit except with payday lenders," the losses did not occur here, but in very poor real estate loans.

The major charge offs came in 2009 with $5.8 million in loans secured by nonfarm nonresidential property, $4.8 million in commercial and industrial loans. The major charge off in 2010 was $1.1 million in commercial and industrial loans, followed by $241,000 in loans to individuals. Tier 1 risk-based capital ratio: 0.87%. Depending on the authority, 4% to 5% is good or acceptable. 10% is healthy. Anything about it is very healthy.

The FDIC and Seaway Bank and Trust Company entered into a loss-share transaction on $120.0 million of Legacy Bank's assets. Seaway Bank and Trust Company will share in the losses on the asset pools covered under the loss-share agreement

As of December 31, 2010, Legacy Bank had approximately $190.4 million in total assets and $183.3 million in total deposits. In addition to assuming all of the deposits of the failed bank, Seaway Bank and Trust Company agreed to purchase approximately $165.9 million of Legacy Bank's assets. The FDIC will retain the remaining assets for later disposition.

The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $43.5 million.

The First National Bank of Davis, Davis, Oklahoma, was closed with The Pauls Valley National Bank, Pauls Valley, Oklahoma, to assume all of the deposits. The bank was founded January 1, 1895 and had 25 full time employees. Its asset concentration was Commercial Lending Specialization.

The numbers from the FDIC in the end of year 2010 give no indication why the bank would be closed; however, it was reported by that "Earlier this week FNB's CEO, W.A. Moore, Jr. was terminated - after a routine audit by the bank's regulatory agency."

The Office of the Comptroller of Currency gave a hint, but does not look like a full answer: “The OCC acted after finding that the bank had experienced substantial dissipation of assets and earnings due to unsafe and unsound practices. The OCC also found that the bank incurred losses that depleted its capital and there is no reasonable prospect that the bank will become adequately capitalized without Federal assistance”.

  • Tier 1 risk-based capital ratio : 12.61%

  • Total risk-based capital ratio 13.87%

Both are very healthy ratio's from the December 31, 2010 FDIC filing. The other numbers also do not give any indication of troubles at the bank that evidently occurred in the last two months:

Bank equity had grown from $7 million December 31, 2009 to $7.3 million December 31, 2010 as well as net profit growing from $628,000 to $1.18 million. Noncurrent loans decreased from $1.55 million to $979,000 in the same period, while charge offs also decreased from $649,000 to $582,000 ( $320,000 commercial and industrial loans, $175,000 to individuals, $87,000 in real estate secured by 1-4 family residential properties.

The FDIC records "total risk weighted assets" rose from $44.5 million to $56.6 million although Tier 1 risk-based capital ratio was rated a healthy: 12.61%. It should be noted long-term assets (5+years) rose from $18.9 million December 31, 2009 to $40.2 million and may be one of the main reasons for the bank closure as the rest of the numbers appear quite satisfactory.

As of December 31, 2010, The First National Bank of Davis had approximately $90.2 million in total assets and $68.3 million in total deposits. In addition to paying a premium of 7.5% to assume all of the deposits of the failed bank, The Pauls Valley National Bank agreed to purchase approximately $28.5 million of The First National Bank of Davis' assets. The FDIC will retain the remaining assets for later disposition.

The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $26.5 million.

(mug shot: Essex County Corrections Facility)

Charles K. Schwartz President of Allied Health Care Services, Orange, New Jersey spent both Thanksgiving and Christmas in Essex County Jail, New Jersey, alleged to be the mastermind by the FBI of alleged $87 million in fraud, mostly to leasing companies for equipment that allegedly did not exist.

Sun National Bank, Vineyard, New Jersey has a $15 million loan with Allied Health Care Services, Orange, New Jersey. While in work out, it tried to lay off the loan to other banks, while leasing companies who called in for a rating were allegedly not told this or much more.

Charles K. Schwartz personal financial statement given to leasing companies, according to bankruptcy records, show his real estate investment at $4,715,000, Allied Health at $16,990,584 and Evenstar Stables at $1.5 million. The dissolution of the personal and business assets by both the corporate and personal bankruptcy show this as quite an exaggeration.

Sun National Bank at one time has 63 locations throughout New Jersey and the latest March 10, 2011 press release notes it is "more than 60," raised $100 million capital July, 2010, but evidently it may not be enough. Net equity went from $430,356 year-end December 31, 2009 to $$345.8 million year-end December 31, 2010. Noncurrent loans went from 95.8 million to $173 million in the same time period as long-term assets (5+years) jumped from $517.4 million to $1.47 billion.

The bank lost $14.3 million December 31, 2009. The bank lost $182.8 million December 31, 2010, following $$79.7 million in charge offices ($45.4 million secured by nonfarm nonresidential property, $8.5 million secured by 1-4 family million properties, $8.8 million construction and land development, $1 million in other loans, with $14.5 million in commercial and industrial loans ($10.5 million in 2009).

Tier 1 risk-based capital ratio 10.89%

On Twitter @TomGeisel following 210 and with 123 followers

Thomas X. Geisel has been president and CEO of the bank since 2008 and has replaced officers, including key credit officers. He comes from Key Corp where in 1999 he served as Managing Director of Investment Banking for the East and West Regions of KeyBanc Capital Markets…

The Sun National bank $100 million infusion of capital announced July 7, 2010 included billionaire Wilbur Ross, who now owns a 25 percent interest in the bank, as he invested $50 million, the Brown family contributed $30 million and other investors contributed $20 million.

Bernard A. Brown, 84, has been Sun’s chairman of board since its inception in January 1985. Directors Ike Brown, Sidney R. Brown, Anne E. Koons and Jeffrey S. Brown are his children. Brown also chairs NFI, a trucking conglomerate based in Vineland. Sidney Brown, 52, serves as Sun’s vice chairman and CEO of NFI.

10 E. Evesham Rd. Glendora 08029

The bank was recently selected by the Gloucester Township Economic Development Corporation as the recipient for its annual Economic Development Award. The Glendora Branch: "3,200 square-foot solar-powered building operates as a full-service bank branch, open seven days each week…The branch features two drive-through lanes and an Automated Teller Machine (ATM) lane, in addition to a night depository and safe deposit boxes. Additionally, the bank provided the community with a sign in front of the branch at the corner of Evesham Road and Black Horse Pike, which welcomes residents to Gloucester Township."

Tracking Bank Failures Map:

List of Bank Failures:

Bank Beat:



Alexa Report on Leasing Media—Leasing News Remains #1

(Despite a three time a month news edition compared to
the five day of others, Leasing News continues to be the most read on line.)

Alexa Ranks Leasing Media Web Sites
US rankings

3/9/2011 2/9/2011  
1. 33,717 31,540  Leasing News
2. 86,857 66,738 Monitor Daily
157,987 199,569 Ind Community Bankers of America
225,307 149,859
5. 234,361 111,972  eLessors Networking Association
194,949* National Assoc. of Equip Leasing Brokers
246,457 249,413 National Equipment Finance Assoc.
473,856 302,628 World Leasing News
637,740  Commercial Finance Association
10. 846,712 no data
  no data 523,459   CLP Foundation
no data no data  Exec Caliber-Jeffrey Taylor
no data no data Equip. Leasing & Fin Fndn
  no data no data  Institute of International Container Lessors
  no data no data  Assoc of Government Leasing  Financing
no data no data Leasing Press
no data no data Leasing Notes
no data no data Lease Assistant
no data no data Lean -Lease Enforcement Att Net
453,789 no data
  no data no data Lessee Advocate
  no data no data Avenues

Alexa Ranks Leasing Media Web Sites
World rankings

1. 152,073
146,826  Leasing News
2. 374,222
393,393 Monitor Daily
3. 548,010
407,224  eLessors Networking Association
725,813 Ind Community Bankers of America
1,063,077* National Assoc. of Equip Leasing Brokers
1,434,352 National Equipment Finance Assoc.
1,235,167 World Leasing News
2,086,104  Commercial Finance Association
10. 2,156,960 no data
11. 2,316,806
2,402,076   CLP Foundation
  2,907,889 Equip. Leasing & Fin Fndn
14. 4,214,266
7,179,411  Assoc of Government Leasing  Financing
5,331,543 Leasing Notes
8,233,859  Institute of International Container Lessors
17. 6,763,873 10,631,015 Leasing Avenues
7,874,674 Leasing Press
19. 11,936,585
12,037,878 Lessee Advocate
14,559,970 Lean -Lease Enforcement Att Net
no data
no data  Exec Caliber-Jeffrey Taylor
no data no data Lease Assistant has a new url address and is "too young" an address to rate. is a section of and the rating is not accurate as it gives the rating not of the leasing site specifically, but the entire financial site, and therefore is not in the count.

David G. Mayer's Business Leasing and Finance News is not included in the Alexa report list as it does not have its own individual site and Alexa finds Patton Boggs, LLP Attorneys at Law.  The rating is not valid as it includes all those who visit and communicate with the law firm.  When Business Leasing and Finance News has its own individual web site, it will be included in the Alexa survey.

*It should be noted that NAELB web site "list serve" requires logging onto their site, meaing their e-mails are counted as a visit to the site, whereas they are "list serve" communication.  These are technically visits to the web site, but primarily to use "list serve."

The Alexa tool bar works on most browsers. They are partnered with Google.

You may download their free tool bar A graph and analysis of the last three months are available.


Leasing Industry Help Wanted

Credit-Treasury Manager
Riverside, California
Maintain relationships w/various lending partners,
source additional funds, for captive to major
distributor of buses. Excellent writing/speaking skills
A-Z Resources captive affliate to a major business distributor founded in 1975, 150 people, generating over $120 million in combined sales.

Please see our Job Wanted section for possible new employees.



Quail Capital's Ashan Visits Jim Swander in Cambodia

Jim Swander and Mohammad Ashan

Mohammad Ashan CEO and President of Quail Capital, Burbank, California, stopped in Phnon Penh for an evening visit with his old friend Jim Swander, who is active in leasing in this country after spending 30 years in the United States.

Jim Swander says, "It was great to see him and get some updates on old friends."

Jim Swander
Phnom Penh, Cambodia
Mobile: +855 (15) 772 750
Skype: jimswander
Skype In: +1 (760) 201 0033 (USA)


This Picture is Worth a Trillion $$$$

(Leasing News is apolitical, and rarely brings any politics
into stories, unless it involves leasing. But could not paas
up on this one. Editor)

On the Connecticut General Assembly floor, House Minority Leader Lawrence F. Cafero Jr., R-Norwalk, pictured standing, far right, speaks while colleagues Rep. Barbara Lambert, D-Milford and Rep. Jack F. Hennessy, D-Bridgeport, play solitaire Monday night as the House convened to vote on a new budget.

The guy sitting in the row in front of these two....he's on Facebook, and the guy behind Hennessy is checking out the baseball scores.



Leasing Association 2011 Conferences


March 17 - 19
Spring 2011
National Equipment Finance Summit
National Equipment Finance Association
Hotel Valley Ho - Scottsdale, Arizona


$795 Regular Broker/Lessor Member
$695 Additional Regular Broker/Lessor Member
$1050 Regular Service Provider/Funding Source
$950 Additional Regular Service Provider/Funding Source
$1450 Regular Non-Member


April 3-April 5

Equipment Leasing and Finance
2011 Equipment Management Conference
Renaissance Vinoy
St. Petersburg, Florida


ELFA Member $1,095

each additional member

Non-Member $2,190
Spouse/Companion $250
Golf $195

Committee Member of Speaker Fee
if attending enitre conference, attending day of conference is free)


April 7-April 9, 2010
Annual Conference
National Association of Equipment Leasing Brokers
Hilton Austin
500 East 4th Street
Austin, TX 78701

Registration Brochure

Registration Form

Hotel Reservations

Broker-member $575
Broker-non-member $675
Add. mem. broker $525
Add. NonMem. brk $625
Funder/Assoc. Mem. $725
Funder/Assoc. NMem. $825
Add. Fund. Mem. $875
Add. Fun. nMem. $775
Spouse/Guest-mem $300
Spouse/Gu.Non-M. $325
Open Recep only $100
Closing Recep. only $75

Exhibitors to Date (as of March 11):
360 Equipment Finance
ACC Contract Finance
Affiliated Investment Group
Allegiant Partners Incorporated
Amerisource Funding, Inc.
Axis Capital, Inc.
Bankers Capital
Baystone Financial Group
CFC Investment Company
Collateral Specialists, Inc.
Corelogic Credco (at the NAELB Member Benefits booth)
Dakota Financial, LLC
Diversified Lenders Inc
Equipment Lessors Protection Association
Financial Pacific Leasing, LLC
GRP Funding, LLC
HSW Financial Recovery, LLC
Inspection Services
Marquette Equipment Finance
Maxim Commercial Capital LLC
Mesa Leasing, Inc.
MicroBilt Corporation
Pawnee Leasing Corporation
Preferred Business Solutions
Quail Capital Corp.
Quiktrak, Inc.
TEAM Funding Solutions
Tetra Financial Group
TimePayment Corporation
Varilease Finance

April 12--April 14
Equipment Leasing and Finance Association
23rd Annual National Funding Conference
Fairmont Hotel
Chicago, Illinois

Event Schedule and Exhibit Information:


May 4-6, 2001
Grand Hyatt Hotel, Buckhead
Atlanta, Georgia

Everett H. Walker, Chairman
1449 Green Hill Road
Blowing Rock, NC 28605
(828) 295-4377

"The National Funding Association is the premier financial networking organization in the country. Founded in 1991, the NFA has been networking financials professionals across America, and with nine chapters serving twelve metropolitan areas, the NFA continues to grow and expand! Our members include asset based lenders, factors, investment bankers, attorneys, CPA's, bankers, consultants, brokers, and other financial professionals."

"The NFA conference kicks off on Wednesday, May 4 with a Golf Tournament at a noted Atlanta area course. An opening reception starts the evening’s festivities from 6:00 to 8:00 PM! Following his presentation are attendee sponsored receptions and hospitality rooms."

"On Thursday, May 5, the conference formally begins with an opening session at 8:30 AM, with a welcome by Atlanta Mayor Kasim Reed, followed by a day long line-up of prominent speakers, including a luncheon, a networking exhibit hall, evening reception, and a banquet with an entertaining dinner speaker."

Our presenters include:
Dennis Lockhart, President, Federal Reserve Bank of Atlanta
Hon. Nathan Deal, Governor of the State of Georgia
Richard Hastings, Global Hunter Securities, Speaker, Author, Retail Economic Expert
Atlanta Mayor Kasim Reed
Kenneth Marks, High Rock Partners
Rob Slee, Robertson & Foley Investment Bankers
Charles Green, Speaker and Author
Nancy Halwig, UPS Capital, leading a panel discussion on the State of the Lending Industry

Member after February 15 $375.00
Non-Member After February 15 $475.00
Member After April 15 $450.00
Non-Member After April 15 $550.00

Keynote Speaker will be Beth Ann Bovino
Senior Economist at Standard & Poor’s.

Members register here:

May 11-May 13
National Vehicle Leasing Association
The Allerton Hotel on Magnificent Mile
Chicago, Illinois

Members (before March 16) $495
each additional $395
Non-Members (before March 16 $625
(each additional $595)

After March 16th-Members $595
After March 16th-Non-Members $895

More Information:

October 23-25
Equipment Leasing and Financial Association
50th Annual Convention
JW Marriott Hill Country
San Antonio, Texas


To view Leasing Association Events-Meetings Open to All, please click here.



Top Stories March 7-March 9

Here are the top ten stories opened by readers:

(1) Leasing Gypsies Strike Again in Southern California
Bulletin Board Complaint

(2) Leasing News hit by eMail Bomb

(3) Bank Beat---Main Street Bank, Kingwood, Texas

(4) Snowflake Financial---A new angle
Bulletin Board Complaint

(5) Marlin Officers Acquire Stock Before 4th Q Announcement

(6) Leasing 102 by Mr. Terry Winders, CLP
Obtaining Vendor Business

(7) Chris Jones to lead new US Bancorp Gov't Leasing Group

(8) High Risk Lenders Use Native American tribes by Jeffrey Taylor

(9) Leasing Industry Recruiters

(10) Ned Roscoe of “Cigarettes Cheaper!” Convicted 28 Counts

Gary DiLillo, President 216-658-5618 or

To learn more about the benefits of
outsourcing personal property tax, please click here.


Fernando's View
By Fernando F. Croce

Moviegoers are in for powerful emotional experiences with both “Jane Eyre” and “Of Gods and Men,” while DVD watchers can catch up with the Oscar-winning performances of “The Fighter” and the striking poignancy of “Hereafter” and “A Film Unfinished.”

In theaters:

Jane Eyre (Focus Pictures): Cary Fukunaga, the filmmaker behind the gritty independent feature “Sin Nombre,” seems like an odd choice to direct Charlotte Bronte’s classic Victorian novel, yet he brings a sharp and intimate eye to this often-filmed saga. The story remains the same: young Jane (Mia Wasikowska) flees her cruel relatives and finds herself working as a governess for Edward Rochester (Michael Fassbender) at the imposing Thornfield Manor. Surrounded by dark secrets and mysterious people, the headstrong woman must make emotional choices as her past catches up with her. Fully embracing the book’s heady mood of romanticism, Fukunaga creates an exciting mood that mixes lyricism and danger, helped greatly by superb performances from the two superbly matched leads as well as from Judi Dench and Sally Hawkins.

Of Gods and Men (Sony Pictures Classics): Overlook by this year’s Oscar nominations for Best Foreign Language Picture, director Xavier Beauvois’s account of the real-life plight of a group of monks in volatile territory makes for deeply stirring viewing. Based on controversial events that took place in 1996, the movie takes place in and around a Christian monastery in a small Moroccan village, where eight French monks lead a peaceful life with the Arab locals. Their idyll comes to an end, however, when an organization of Muslim extremists starts conducting terrorist acts in the area, forcing them to make a decision that might cost them their lives. Full of wrenching moments and strong acting by Lambert Wilson and Michael Lonsdale, the film is a powerful tribute to the strength of human faith. With subtitles.


Netflix Tip: This week’s new version of “Jane Eyre” is a strong example of a period piece done with edgy sensibilities. Other gems in that subgenre include Stanley Kubrick’s “Barry Lyndon” (1975), Martin Scorsese’s “The Age of Innocence” (1993), and Patrice Chereau’s “Gabrielle” (2006). Check them out at Netflix, and visit the past through modern eyes.


The Fighter (Paramount Pictures): Oscar season finds one of its strongest entries in this punchy dramatization of the story of real-life welterweight boxing champion “Irish” Micky Ward (played by Mark Wahlberg). Set in the working-class Massachusetts town of Lowell, it depicts Micky’s rise to fame and relationship with his family, most notably his manager-mother (Melissa Leo) and older brother Dicky (Christian Bale), himself a former boxer now addicted to crack and memories from his glory days. Micky falls in love with a tough local bartender (Amy Adams) and starts training for the big time, but will he be able to triumph over his personal obstacles? With Oscar-winning performances by Bale and Leo and vivid direction by David O. Russell (“Three Kings”), the movie scores a K.O. with audiences and critics alike.

Hereafter (Warner Bros.): Though Clint Eastwood remains only behind the camera as director here, the great star’s unmistakable qualities (integrity, slow-burning intensity, a cranky sort of humanism) are palpable in this affecting drama. Connecting the lives of three characters of different ages and nationalities, it weaves a multilayered mosaic of loss, grief, and grace. There’s George (Matt Damon), an American man with a strange ability to communicate with the dead; Marie (Cecile de la France), a French journalist recovering from a near-death experience; and Marcus (George McLaren), a young British schoolboy looking for answers to life’s questions. Though this ground has been frequently covered in the past, Eastwood and his cast tackle these issues with a delicacy and sense of human truth that render them fresh and moving.

A Film Unfinished (Oscilloscope): Recent documentaries don’t come more unsettling than Yael Hersonski’s award-winning look at the development that went into German propaganda during WWII, and the human effects behind it. The main object of the filmmaker’s study is a 1942 short film called “Ghetto,” which was shot by German authorities to document the life of the Jewish people in the Warsaw Ghetto. The film’s most troubling aspects, such as its mixed use of actors and real prisoners, are explored by historians and specialists, as well as a group of Holocaust survivors whose commentaries provide another layer of analysis. Offering a different take on an often-discussed subject, Hersonski’s movie is both an important snapshot of a terrible period and a profoundly moving portrait of cinema as history’s witness. With subtitles.


Leasing Software Companies

Apak Group Integron Corporation Seritus Solutions
Better Programs International Decision Systems Shaw Systems
Capital Stream Ivory Consulting Summit National
CHP Consulting Lease Team Systems for Financial Accntng
Cornerstone Software NetSol Technologies, Inc. Tax Compliance, Inc.
Cyence International Odessa Technology Thoughtworks
Dominion Leasing Software Preferred Business Solutions UCC Direct
eCredit SAP Vision Commerce
eFinance Senour Designs, Inc White Clarke North American
Experian - scorex    
FinanceEdge Software, LLC    
Financial Computer Systems, Inc.    

Top eLeasing software companies, as ranked by employees.


Company Name
Year Founded

Additional Services
Major Clients
NetSol Technologies, Inc.
Corporate Headquarters
23901 Calabasas Road, Suite 2072
Calabasas, CA 91302
Tel: + 1 818-222-9195
Fax: + 1 818-222-9197
Najeeb Ghauri
Chairman, Founder, Director
Naeem Ghauri
CEO, Director
Salim Ghauri
CEO, Director, NetSol Technologies, LTD (Lahore, Pakistan based subsidiary)

LeaseSoft, a suite of four software applications, end-to-end solution; consulting and other services available


DaimlerChrysler Services
Finlease Company, Ltd
Mercedes-Benz Finance
UMF Leasing
Yamaha Motors Finance
International Decision Systems (f)
80 South Eigth Street, Suite 1500
Minneapolis, MN 55402
612.521.3207 - fax
203 US/North America
34 Asia/Pacific
64 UK

Todd Davis, CEO.,
Michael Mehr,
VP of Fin / Admin.,
Dolan, Global
VP of Sales,
and David Nash,VP of Prof Srvcs.

Rapport & ProFinia
Privately Held
Wells Fargo
Daimler Chrysler Corp.
Shaw Systems
808 Moorefield Park Drive, Suite 210
Richmond, VA 23236
(804) 272-3800
Cyndy Stone
Internet Enabled Applications
Lease Accounting
Consumer Loan Accounting
Commercial Loan Accounting
Loan Tracking
Collections/Customer Service
28 of the top US Banks and 7 top captive automotive finance companies run Shaw applications.

White Clarke North American (e)

Contact Information: Lisa Campbell Marketing Manager
White Clarke North America
150 Ferrand Drive, Suite 1101
Toronto, ON M3C 3E5
Phone: 416 467 1900
Fax: 416 467 9094
Email: lisa.campbell@

Debbie Carroll
Privately held

ADP Credit Corp.
Canadian Remarketing Group,
Fair Isaac & Co.
First National Equipment Finance,
Ford Credit - Europe, Latin America, Asia Pacific, UK,
John Deere Credit,


CHP Consulting
401 North Michigan Avenue Center
401 North Michigan Avenue
Suite 1200
Chicago, IL 60611
Year founded 1990


Steve LeBarron
VP of Marketing, North America


CHP Consulting has been delivering system solutions to leading asset and motor finance companies worldwide for since 1990. CHP has in depth industry expertise in leasing and asset finance, with an exceptional delivery record.

- Proven end-to-end functionality.
- Adapts to specific business requirements.
- One system to handle both lease and loans.
- Rapid product time to market.
- Responsive, local support services.
- Exceptional delivery record.
- Over 30 live sites.

Privately held

Abbey National, Alliance & Leicester, Asset Advantage, Bank of America, Barclays Asset Finance, Barclays Technology Finance, Capital Finance, CitiBank, Clydesdale Bank Asset Finance Ltd, Co-operative Bank, Commonwealth Bank of Australia (CBA), Deutsche Bank, Dresdner Kleinwort Wasserstein (DrKW), GE Capital Key Lease, HBOS, HSBC Asset Finance UK, HSBC Rail, Hitachi Capital, IBM Financial Services, ING Lease, Investec, Leasedrive, Lloyds TSB Asset Finance Group, Lloyds TSB Structured Asset Finance, Lombard Business Finance, Lombard Corporate Finance, Lombard Technology Services, Lombard Vehicle Management, National Australia Bank, National Irish Bank, Nissan Finance (GB), Northern Bank, SEB Finans, Société Générale Equipment Finance, Textron Financial Corporation, Virtual Lease Services, Yorkshire Bank


Apak Group

APAK Group plc, APAK House, Badminton Court, Station Road, Yate, BRISTOL, BS37 5HZ, United Kingdom +44 (0) 1454 871000

Tony Bracey
Wholesale Finance WFSv5 - integrated stock finance and loans administration system. Ecommerce financial proposal systems EPS. Core Banking Software and services.
Union Energy,
MTC Leasing Inc., Finning, Koch Industries, Wittern Group,
Patterson Dental Supply, Inc., Neon,
Cessna Aircraft Corp., NatWest Group Plc, American Express, Bank of Scotland, Toyota Financial Services (UK),
Capital Stream (b)
(Acquired by HCL Technologies, Noida , India February 20, 2008- world wide employees: 47,954 )
866.779.4733 or
Kevin Riegelsberger
Installed at 9 of the top 40 US Banks. Leading provider of front office automation software for equipment finance, small business lending, commercial lending and CRE lending.
Privately Held

Major Clients:
AgStar Financial Services,
Arrow Capital,
Bank of America ,
De Lage Landen,
Koch Financial,
McKesson Capital Group,
Siemens Financial Services,
TCF Leasing,
Raymond Leasing

Odessa Technologies, Inc
Corporate Headquarters
2000 Market Street, Suite 1840
Philadelphia, PA 19103
(215) 231-7170

Madhu Natarajan, CEO
Jim Humphrey, VP Sales and Marketing

LeaseWave™ End to End Lease Management System
-Completely Browser based
True Service Oriented Architecture
-Flexible and Customizable
-Asset Based Design

Privately Held

Major Clients:Winthrop Resources (Sub of TCF Bank)
Altec Capital
ICON Capital
NCMIC Finance
Merchants Leasing and Fleet Management

Cyence International (g)
Year Founded 1996
Peter Hyne


Major Clients: Pitney Bowes Global Credit Services, Volvo Commercial Finance, VFC Inc., MTC Leasing Inc., Relational Funding, Comark and others.
Deepak Verma
nFusion - Web-based credit processing
-We don't disclose this
CIT Group,
CitiCapital ,
Textron Financial, Ryder System, XTRALease, Xerox

4139 S. 143rd Circle
Omaha, NE 68137

Russ Hallberg, President
Randy Haug, Senior Vice President
See footnote (a)

All Points Capital, Americorp Financial, LLC, Balboa Capital, IFC Credit, The Matsco Companies, Popular Leasing & Raymond Leasing.

(over 250)


Tax Compliance, Inc.
10200-A Willow Creek Road
San Diego, CA 92131
P: 858.547.5100 x316
F: 858.547.410

Scott Strauss
Exec. VP
Personal and Real Property Tax software, compatible with most accounting softwares.

Integron Corporation
Corporate Headquarters
35 Bermar Park
Rochester , NY 14624


Jeanne Pagani, CEO
Bryan Lubel, President


Privately held

Xerox Corporation
Eastman Kodak Corporation

Karen Wendel
Vision Commerce (c)
Steve Lundergan
Hitachi Credit America All Points Capital Firerock Capital
Thalman Financial Services BSBLeasing/Procure Financial Services
Dominion Leasing Software (d)
Lease Complete©

P.O. Box 550, Powhatan, VA 23139
804 403 3710
Founded 2003


David F. Hill VP Sales & Marketing

Please read Note d, below for information about LeaseComlete.
Privately held
Diverse client group including commercial banks, credit unions, and independent leasing companies.
FinanceEdge Software, LLC
5959 Central Ave. Suite 103
Saint Petersburg, FL 33710
United States
727-381-6937 - Fax
Cha Loh, COO

Litehaus Systems
Corporate Headquarters
2040 7445 132nd Street Surrey, BC V3W 1J1 , Canada
Tel: + 1 604-594-0044
Fax: + 1 604-594-0021


Anthony Carrol
Founder, Director
CFO, Director
John Kos  

Litehaus complete end to end lease management solutions for small to mid size brokers, Lessor,  consulting, customization, Lease training and other services available

Privately Held


Senour Designs, Inc
(800) 473-5358 or
(866) SDI-FITS
Founded 1991


Jane Lentz Jones

SDI F.I.T.S. – End-to-End Lease/Loan origination and accounting software.


Better Programs

Chad W. Russell Vice President
Better Programs, Inc.
5852 West Pacific Circle
Denver, CO 80227
Phone: 303 986 1969
Fax: (610) 602-5400

Charles R. Oleson
See description (i)
Privately Held
Large user base across the U.S. and Canada.
Preferred Business Solutions
Jim Buckles
Support and Sales of Advantage (upgrade from System 1 (2.5) program). Support and sales of alaQuote, web based lease payment calculator, quote and on-line application tool. Custom report writing, template creation & web development.
25 - 30 new clients
Seritus Solutions (k)
13502 Daisy Ct
Rosemount, MN 55068
T: 651-217-0600
Toll Free: 1-888-877-0003

Charles Lyles
Wade Sharp
Steve Shallman
Brad Back


Privately held

Flagship Bank Credit Services, RP Capital Corp

Cornerstone Software
Financial Computer Systems, Inc.
196 Danbury Road
Wilton, CT 06897
Tel. (203) 761-7915
CEO: A. George Hill, Jr.
EZ13: lessee lease accounting software ComplyPak: accounting service for lessee, lessor, and subleases, leasehold improvements, foreign currency translation, and more
Privately held
Clients: Chain stores & restaurants, telecommunications firms, manufacturers, and others 
Ivory Consulting
Summit National (h)
Systems for FinancialAccounting

Full list with footnotes working:


Santa Rosa, California -- Adopt-a-Dog

Leah is a Jack Russell/Beagle mix
Approx.32 pounds and 6 years old.

I am looking for a loving home for my dog Leah. She is a GREAT dog, sweet, loving, adorable, house-trained. I am not home enough to provide her the love and care she deserves.”

Her temperament is both mellow and excitable (she gets excited when people come home, but generally lies around during the day)

•She has been trained as an inside dog and would prefer not to be left outside.

•She is a good listener and loves to cuddle and be pet!

She is healthy, although needs a certain kind of dog food (dry food is about $80 for a bag that lasts about two months).

•She can not live with cats.

•She is fine with other friendly dogs.

I am not in a rush- I will wait until the perfect home is found!

Please call Elaina at (707) 292-876

Countryside Rescue
3410 Guerneville Road
Santa Rosa, CA 95401

Adopt-a-Pet by Leasing Co. State/City

Adopt a Pet

John Kenny Receivables Management

• End of Lease Negotiations & Enforcement
• Fraud Investigation
• Credit Investigations
• Asset Searches
• Skip-tracing
• Third-party Commercial Collections

The Solution to Your Credit & Accounts Receivable Needs
John Kenny
315-866-1167 |

(Leasing News provides this ad as a trade for investigations
and background information provided by John Kenny)


News Briefs----

Second explosion at stricken Japan nuke plant

Supply Disruptions of Power and Water Threaten Japan’s Economy

Japanese Stocks Plunge as Investors Worry

In Bangkok, KBank unit targets equipment

Deere Creates Equipment Leasing Program for Russia

Winmark Corp. Reports Operating Results (10-K)

Pitney Bowes, 2nd Highest Dividend, but Worth it?

Lessons Learned by GreatAmerica CEO Tony Gologic

HP CEO Apotheker Broke Rules with Board Appointments

List of Richest People in the World

The Burden of Pensions on States

Sahara in Las Vegas to close in May

Guy Fieri's stolen Lamborghini seen on Marin County roads

Legendary Jazz drummer Joe Morello dies at 82

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Discovered: The Happiest Man in America (click on map, graphic, too)



Sports Briefs----

Atlanta Falcon Stadium Location has challenges

Tiki Barber: Why Signing Him Would Burn the Oakland Raiders

NFL lockout could affect Arlington city finances


California Nuts Briefs---

California’s forecast: Double-digit unemployment rate likely until 2013

Grounded Pilots raised to key post in Calif. National Guard

Jerry Brown and state law enforcement union reach contract deal


“Gimme that Wine”

Napa Winegrowers Aim 'Ahead of the Curve'

Beer Industry Contributes $223.8 Billion to U.S. Economy

Obituary for Hank Rubin -- May 21, 1916-February 24, 2011

A Glossary of Sherries

Organic wine and Organic Grape Oil

Free Mobile Wine Program

Wine Prices by vintage

US/International Wine Events

Winery Atlas\

Leasing News Wine & Spirits Page


This Day in American History

    1629 - A Royal charter was granted to the Massachusetts Bay Colony. 
    1644 - England granted a patent for Providence Plantations (Rhode Island).
    1729-The first Catholic nun who professed her vows in the United States as Sister St. Stanislas Hachard of the Ursuline Convent, New Orleans, LA, who took her voews this day.
    1743 - The City of Boston conducted the first town meeting in Faneuil Hall. It became an idea that caught on quickly throughout New England.
    1780 - The Spanish governor of Louisiana, Galvez, captures the port of Mobile.
    1794 - Eli Whitney received a patent for his cotton gin, an invention that revolutionized America's cotton industry. He paid substantial royalties to Catherine T. Greene and this makes his claim to the invention suspect.
    1796----African Methodist Episcopal Zion Church founded New York
    1851-San Francisco Foreign Miners Tax, designed to discourage Chinese gold mining, was repealed.
1862-Union General Ambrose Burnside captures North Carolina's second largest city and closes another port through which the Confederates could slip supplies.
On March 13, he landed 12,000 troops along the Neuse River, 15 miles south of New Bern. Accompanied by 13 gunboats, Burnside's army marched up river to face 4,000 Confederate troops commanded by General Lawrence O. Branch.
The city was protected by extensive defenses, but Branch did not have enough soldiers to properly staff them. He concentrated his men along the inner works a few miles downriver from New Bern. Early on the morning of March 14, Burnside's men attacked in a heavy fog-two of the three Yankee brigades crashed into the fortifications. General Jesse Reno's brigade struck the weakest part of the line, where an inexperienced Rebel militia unit tried to hold off the Federals. Burnside's third brigade joined Reno and the Confederate line collapsed. That afternoon, Union gunboats steamed into New Bern. Union casualties for the battle were 90 killed and 380 wounded, while the Confederates suffered 64 killed, 101 wounded, and 413 captured. The conflict produced a Confederate hero, Colonel Zebulon Vance, who rescued his regiment by using small boats to bypass a bridge set afire by his comrades. Vance was elected governor of the state later that year.
March 14
    1864- Red River campaign Louisiana
    1864-Casey Jones birthday; railroad engineer and hero of ballad, whose real name was John Luther Jones. Born near Cacye, KY. He died in a railroad wreck near Vaughn, MS, April 30, 1900.
    1867- First Woman dentist birthday: Lucy Beaman Hobbs, Franklin County, NY, first woman in America to receive a degree in dentistry (Ohio College of Dental Surgery, 1866) and to be admitted to membership in a state dental association.. In 1867 she married James M. Taylor, who also became a dentist (after she instructed him in the essentials). Active women’s rights advocate. Died at Lawrence, Kansas, Oct 3, 1910
    1867-Michigan was the first state to enact a law to support state universities via property tax; “assessed all taxable property one twentieth of a mill on each dollar of value, to be used for the use, and maintenance of the university. The funds paid to the university in 1867 totaled $15,398.
    1870 - a severe snow/wind storm struck Iowa and Minnesota. During this storm, the term "blizzard" was first used to describe a severe snowstorm. The "new" word appeared in the "Easterville (Iowa) Vindicator".
    1879- Theoretical physicist Albert Einstein birthday, best known for his theory of relativity. He won the Nobel in 1921. Einstein's revolutionary theories introduced entirely new ways of thinking about time, space, and gravity, and he profoundly affected the way scientific inquiry occurred. A citizen of the world, Einstein was born in Germany, grew up partly in Milan, studied and taught in Switzerland, returned to Germany, and fled to the United States before World War II. In Einstein's theory, the speed of light, which is the limiting speed of any body having mass, is constant in all frames of reference. In the fifth paper that year, an exploration of the mathematics of special relativity, Einstein announced that mass and energy were equivalent and could be calculated with an equation, E=mc2. In 1950, he published his unified field theory, which was quietly criticized as a failure. A unified explanation of gravitation, subatomic phenomena, and electromagnetism remains elusive today. An avid pacifist, he nevertheless put into motion the invention of the hydrogen and atomic bombs with a letter to President Roosevelt, urging him to beware the possibility of Germany's building an atom bomb. Decades later, the specter of a nuclear attack capable of knocking out communications across the country was one of the factors leading to the development of the Internet.. Died 1955, Princeton, New Jersey.
    1887-Sylvia Beach, owner of the Paris-based bookstore Shakespeare and Co., is born in Baltimore. Beach moved to Paris at the age of 14, when her father, a Presbyterian minister, was sent to France. She fell in love with the city. In 1919, she opened her bookstore, Shakespeare and Co., which became a gathering place for American writers in Paris in the 1920s, including F. Scott Fitzgerald and Ernest Hemingway. Beach was a strong supporter of writer James Joyce, who lived in Paris from 1920 to 1940. The Irish writer had achieved fame with his 1915 novel, A Portrait of the Artist as a Young Man, and had started publishing his masterwork Ulysses in serial form in an American magazine called the Little Review. However, the serialization was halted in December 1920, after the U.S. Post Office brought a charge of obscenity against Joyce's work. Beach published the book herself in July 1922. It wasn't until 1933 that a U.S. judge permitted Ulysses to be distributed in the U.S.
    1896- Sutro Bath opens in San Francisco .
    1908- Southwestern Baptist Theological Seminary was chartered in Waco, Texas. Originally named Baylor Theological Seminary, the school campus relocated in 1910 to Fort Worth.
    1912- Bandleader Les Brown born Reinerton, PA. He led a top dance band for 40 years, beginning in 1938, was born in Reinerton, Pennsylvania. Les Brown and his Band of Renown had hit records in 1941 with "Jumpin' Joe Dimaggio," in 1944 with "Sentimental Journey," featuring a vocal by Doris Day, and in 1948 with "I've Got My Love to Keep Me Warm." In 1947, Brown began his long association with Bob Hope, working with him on radio and TV and on overseas tours. Brown and his orchestra reappeared on the jazz charts in 1987 with the album "Digital Swing."
    1913-Kansas was the first state to set up a “small claims court” to deal with cases involving not more than $20. The first court was at Topeka,KS, with W.H. Kemper as judge. The complainant could not be represented by counsel, but had to present his own case. strict rules of evidence and procedure were waived. The judgment rendered had the same force and effect, and was as binding as a judgment rendered in any court of record.
    1919- Max Brand publishes his first novel, the Untamed. He is perhaps the most prolific writer of western stories, using over 21 pen names. His actual name was Frederick Faust. Unlike many western authors, Faust made no pretense to historical accuracy in his works. His novels concerned a mythic West of his imagination, and he rarely provided any identifiable geographical details or demonstrated any mastery of the minutiae of western life. His strength was his ability to tell a compelling story, and he had a keen sense of style. In The Untamed, Faust created the hugely popular Dan Barry, a peaceable man who avoided trouble whenever possible. However, when Barry or those he cares about were attacked, he was transformed and was capable of wreaking violent vengeance on wrongdoers. Faust continued Barry's story in two best-selling sequels. Besides gaining fame and fortune as the author of Max Brand westerns, Faust also created the character of Dr. Kildare for his medical thrillers. Faust died in 1944, having written an estimated 30 million words, including more than 500 western serials or short stories.
    1918 - The first seagoing ship made of concrete was launched at Redwood City, CA, near San Francisco. The ship was named "Faith" and those who launched her had plenty of that. They had faith that the vessel wouldn’t sink. It didn’t. "Faith" cost $750,000 to build.
    1922- orchestra leader Les Baxter was born in Mexia, Texas. In the 1950's, he was signed by Capitol Records as an arranger and recording artist. Baxter featured Latin American and jungle drum themes, as well as standard popular tunes. He had hits with "The High and the Mighty," "Unchained Melody" and "The Poor People of Paris," which went to number one in 1956. Baxter died in Newport Beach, California, on January 15th, 1996.
    1923 - U.S. President Warren G. Harding became the first Chief Executive to pay taxes and account for his income. Harding’s tax bill amounted to nearly $18,000.
    1925-trumpet player Sonny Cohn born Chicago, IL
    1928- Jack Teagarden cuts first solo “She’s a Great, Great Girl! ( Vi 21326)
    1931-The first movie theater specifically designed and built to show movies that were rear-project was the Trans-Lux Theater in Manhattan.
    1932-singer Mark Murphy born Syracuse NY
    1933 - Birthday of Quincy Jones,Jr., American jazz composer, trumpeter, band leader and pianist. He composed film scores, TV show themes; record producer; arranger; 25 Grammys, Grammy´s Trustees Award in 1989, Grammy´s Legends Award in 1990; Musical Director for Mercury Records, then VP; established Qwest Records.
    1933--Birthday of 1833 Lucy Hobbs Taylor, first women in U.S. to receive a degree in dentistry, Ohio College, 1866. A woman's rights activist.
    1934-jazz organist Shirley Scott born Philadelphia, PA. Recorded many
records with husband tenor sax player Stanley Turentine
    1935- 6-year-old actress Shirley Temple presses her hands in cement outside Grauman's Chinese Theater in Los Angeles. Since first winning attention with a song and dance in the 1934 movie Get Up and Cheer, Temple beat out Clark Gable, Fred Astaire, and Ginger Rogers to become America's biggest box office draw.
    1937 - Fred Allen and Jack Benny met on radio in one of the biggest publicity gags ever. It was called, “The Battle of the Century.” The two comedians locked horns in the ballroom of the Hotel Pierre, exchanging torrid insults that were heard by the second largest audience in the history of radio. The ‘feud’, incidentally, lasted for the next 12 years! This was probably the longest-running publicity stunt in history, too!
    1937-The first birth control clinic run by a state government was opened in Raleigh, NC< when the North Carolina State Board of Health officially introduced a program setting up contraceptive clinics for poor married women in local maternity and child health services.
    1937-The first blood bank to preserve blood by refrigeration for future use in transfusions was established by the Cook County Hospital, Chicago, Il.
    1937 --Lou Gehrig signs with the Yankees for $38,000 and $750 signing bonus.
    1941 - Before Desi Arnaz sang "Babalu" on the "I Love Lucy" show, Xavier Cugat and his orchestra recorded the song with vocals by Miguelito Valdes, on Columbia Records.
    1945—Top Hits
Accentuate the Positive - Johnny Mercer
Saturday Night - Frank Sinatra
A Little on the Lonely Side - The Guy Lombardo Orchestra
(vocal: Jimmy Brown)
I’m Losing My Mind Over You - Al Dexter
    1945---MICHAEL, HARRY J. Medal of Honor
Rank and organization: Second Lieutenant, U.S. Army, Company L, 318th Infantry, 80th Infantry Division. Place and date: Near Neiderzerf, Germany, 14 March 1945. Entered service at: Milford, Ind. Birth: Milford, Ind. G.O. No.: 18, 13 February 1946. Citation: He was serving as a rifle platoon leader when his company began an assault on a wooded ridge northeast of the village of Neiderzerf, Germany, early on 13 March 1945. A short distance up the side of the hill, 2d Lt. Michael, at the head of his platoon, heard the click of an enemy machinegun bolt. Quietly halting the company, he silently moved off into the woods and discovered 2 enemy machineguns and crews. Executing a sudden charge, he completely surprised the enemy and captured the guns and crews. At daybreak, enemy voices were heard in the thick woods ahead. Leading his platoon in a flanking movement, they charged the enemy with hand grenades and, after a bitter fight, captured 25 members of an SS mountain division, 3 artillery pieces, and 20 horses. While his company was establishing its position, 2d Lt. Michael made 2 personal reconnaissance missions of the wood on his left flank. On his first mission he killed 2, wounded 4, and captured 6 enemy soldiers single-handedly. On the second mission he captured 7 prisoners. During the afternoon he led his platoon on a frontal assault of a line of enemy pillboxes, successfully capturing the objective, killing 10 and capturing 30 prisoners. The following morning the company was subjected to sniper fire and 2d Lt. Michael, in an attempt to find the hidden sniper, was shot and killed. The inspiring leadership and heroic aggressiveness displayed by 2d Lt. Michael upheld the highest traditions of the military service.
    1945--PHILLIPS, GEORGE Medal of Honor
Rank and organization: Private, U.S. Marine Corps Reserve. Born 14 July 1926, Rich Hill, Mo. Entered service at: Labadie, Mo. Citation. For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty while serving with the 2d Battalion, 28th Marines, 5th Marine Division, in action against enemy Japanese forces during the seizure of Iwo Jima in the Volcano Islands, on 14 March 1945. Standing the foxhole watch while other members of his squad rested after a night of bitter handgrenade fighting against infiltrating Japanese troops, Pvt. Phillips was the only member of his unit alerted when an enemy handgrenade was tossed into their midst. Instantly shouting a warning, he unhesitatingly threw himself on the deadly missile, absorbing the shattering violence of the exploding charge in his own body and protecting his comrades from serious injury. Stouthearted and indomitable, Pvt. Phillips willingly yielded his own life that his fellow marines might carry on the relentless battle against a fanatic enemy. His superb valor and unfaltering spirit of self-sacrifice in the face of certain death reflect the highest credit upon himself and upon the U.S. Naval Service. He gallantly gave his life for his country.
    1947-The first Navy commissioned officer who was African-American was Ensign John W. Lee of Indianapolis, IN, who was commissioned and assigned to the U.S.S. Kearsearge.
    1949 - No. 1 Billboard Pop Hit: "Cruising Down the River," Blue Barron Orchestra.
    1950-“10 Most Wanted” List debuts: The Federal Bureau of Investigation instituted the “10 Most Wanted Fugitives” list to in an effort to publicize particularly dangerous criminals who were at large. From 1950 to 1998, 454 fugitives appeared on the list; 130 were captured. Generally, the only way to get off the list is to die or be captured. The FBI cooperates with the producers of TV’s “America’s Most Wanted” to further publicize these fugitives.
    1951-Seoul, Korea, which had fallen to Chinese forces in January 1951, was retaken by United Nations troops during the Korean War.
    1953—Top Hits
Till I Waltz Again with You - Teresa Brewer
Don’t Let the Stars Get in Your Eyes - Perry Como
Doggie in the Window - Patti Page
Kaw-Liga - Hank Williams
    1954-a blizzard raged from eastern Wyoming into the Black Hills of western South Dakota while a severe ice storm was in progress from northeastern Nebraska to central Iowa. The ice storm isolated 153 towns in Iowa. Dust from the Great Plains caused brown snow, while hail and muddy rain fell over parts of Wisconsin and Michigan.
    1955- The first Four Freshman album “Voices in Modern”: released on Capitol.
    1955--Singer Jimmy Dean interviews Elvis Presley on his Washington, DC television show.
    1957-the first four time National Women’s Figure Skating champion was Carol
Elzabeth Heiss of Ozone Park, Queens, New York City, who won her first title this day at Berkeley, CA; her second and third in 1958 and 1959; and her fourth consecutive title on January 29,1960 at Seattle, was winner of the National Women’s figure
    1958 - The Recording Industry Association of America (RIAA) certified the first gold record. It was Perry Como’s "Catch A Falling Star" on RCA Victor Records. The tune became the first to win million-seller certification. The next three gold records that were certified after Perry Como’s million seller were the 45 rpm recordings of "He’s Got the Whole World in His Hands" by Laurie London, "Patricia", an instrumental by the ‘Mambo King’, Perez Prado and "Hard Headed Woman" by Elvis Presley. The first gold album certification went to the soundtrack of the motion picture, "Oklahoma!" featuring Gordon MacRae.
    1958 - No. 1 Billboard Pop Hit: "Tequila," The Champs. Glen Campbell, Jim Seals and Dash Crofts all join the group after "Tequila" hits No. 1.
    1959 - Elvis Presley made the album charts, with "For LP Fans Only", the first LP ever issued without the artist’s name anywhere on the cover. However, it has
his face over most of the front cover.
    1960-Sam Cooke kicks off his first tour of the West Indies with a concert in Montego Bay, Jamaica. In the next two weeks, Cooke will set attendance records everywhere he appears.
    1961—Top Hits
Pony Time - Chubby Checker
Surrender - Elvis Presley
Where the Boys Are - Connie Francis
Don’t Worry - Marty Robbins
    1961- Baseball Hall of Fame Kirby Puckett birthday, Chicago, IL.
    1962-Wilt Chamberlain of the Philadelphia Warriors completed a stretch of 47 consecutive games during which he played every minute. The streak , begun January 5 against the Syracuse Nationals and concluded against the Chicago Packers, stands as an NBA record.
    1962-Righy wing Gordie Howe of the Detroit Red Wings became the second player in NHL history to reach the 500-goal mark when he scored in a 3-2 loss to the New York Rangers. Howe wound up with 801 goals and entered the Hockey hall of Fame in 1972.
    1964 - Jack Ruby was found guilty of the murder of Lee Harvey Oswald, alleged assassin of United States President John F. Kennedy.
    1964- Billboard reports Beatle records have claimed 60-percent of the singles market.
    1968 –Batman TV Show came to an end after two seasons on television--- ABC-TV showed the last episode of "Batman", starring Adam West and Burt Ward as Robin. The first "Batman" episode was "Hi Diddle Riddle", shown on January 12, 1966. The pilot program for "Batman" cost $300,000 -- quite expensive by 1966 standards. Through the two seasons, the ‘Dynamic Duo’ welcomed these stars to the cast: Art Carney (The Archer), Tallulah Bankhead (Black Widow), Eartha Kitt (Catwoman), Julie Newmar (Catwoman), Lee Meriwether (Catwoman), Liberace (Chandell), Vincent Price (Egghead), Cesar Romero (The Joker), Rudy Vallee (Lord Phogg), Milton Berle (Louie the Lilac), Shelley Winters (Ma Parker), David Wayne (The Mad Hatter), Zsa Zsa Gabor (Minerva), Van Johnson (The Minstrel), Otto Preminger (Mr. Freeze), Burgess Meredith (The Penguin), John Astin (The Riddler), Frank Gorshin (The Riddler), Cliff Robertson (Shame), Joan Collins (The Siren) and Anne Baxter (Zelda the Great). Victor Buono ( King Tut), Eli Wallach ( Mr. Freeze II), "?" as False Face, Leslie Gore ( as Cat Woman's sidekick that had a crush on Robin) and of course Nelson Riddle (of Frank Sinatra fame) doing the theme. Finally, a partial list of official Bat-Noises: Aargh!, Ba-Boom! Clash!, Crunch!, Klonk!, Pow!, Splat!, Clunk! Eee-Yow! Ooof!, Powie! Swoosh!, Biff!, Conck! Ouch!, Klunkk!, Ka-Boom! Thunk! Boff! Crash!, Uggh!, Zam!, Zap! and others. Wow! Readers may have seen these works in Leasing News headlines.
    1969--KERREY, JOSEPH R. Medal of Honor
Rank and organization: Lieutenant, Junior Grade, U.S. Naval Reserve, Sea, Air, and Land Team (SEAL). place and date: Near Nha Trang Bay, Republic of Vietnam, 14 March 1969. Entered service at: Omaha, Nebr. Born: 27 August 1943, Lincoln, Nebr. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty while serving as a SEAL team leader during action against enemy aggressor (Viet Cong) forces. Acting in response to reliable intelligence, Lt. (J.G.) Kerrey led his SEAL team on a mission to capture important members of the enemy's area political cadre known to be located on an island in the bay of Nha Trang. In order to surprise the enemy, he and his team scaled a 350-foot sheer cliff to place themselves above the ledge on which the enemy was located. Splitting his team in 2 elements and coordinating both, Lt. (J.G.) Kerrey led his men in the treacherous downward descent to the enemy's camp. Just as they neared the end of their descent, intense enemy fire was directed at them, and Lt. (J.G.) Kerrey received massive injuries from a grenade which exploded at his feet and threw him backward onto the jagged rocks. Although bleeding profusely and suffering great pain, he displayed outstanding courage and presence of mind in immediately directing his element's fire into the heart of the enemy camp. Utilizing his radioman, Lt. (J.G.) Kerrey called in the second element's fire support which caught the confused Viet Cong in a devastating crossfire. After successfully suppressing the enemy's fire, and although immobilized by his multiple wounds, he continued to maintain calm, superlative control as he ordered his team to secure and defend an extraction site. Lt. (J.G.) Kerrey resolutely directed his men, despite his near unconscious state, until he was eventually evacuated by helicopter. The havoc brought to the enemy by this very successful mission cannot be over-estimated. The enemy soldiers who were captured provided critical intelligence to the allied effort. Lt. (J.G.) Kerrey's courageous and inspiring leadership, valiant fighting spirit, and tenacious devotion to duty in the face of almost overwhelming opposition sustain and enhance the finest traditions of the U.S. Naval Service.
    1969—Top Hits
Everyday People - Sly & The Family Stone
Proud Mary - Creedence Clearwater Revival
Dizzy - Tommy Roe
Only the Lonely - Sonny James
    1969 - Creedemce Clearwater Revival at the Fillmore West, San Francisco. Creedemce Clearwater Revival at the Fillmore West Concert @ Wolfgang's Vault
    1969 - Less than one month after winning her first horse race, Barbara Jo Rubin became the first woman jockey to win at Aqueduct Race Course in New York. She rode Brave Galaxy to victory and into the winner’s circle.
    1972- California Governor Ronald Reagan pardoned country star Merle Haggard, who had served nearly three years in San Quentin on a burglary charge.
    1972-Carole King won Grammys for Album of the Year for "Tapestry" and Record Of The Year for "It's Too Late." Carly Simon won the Grammy for Best New Artist.
    1972 - The Cincinnati Royals announced their intentions to move the National Basketball Association franchise to Kansas City, Missouri. The Kansas City Royals baseball team was already there, so the basketball team became the Kings.
    1972 - Cosmopolitan magazine released its controversial issue of actor Burt Reynolds in a nude pose. The issue was a quick sell-out, and it rejuvenated Reynolds's lagging acting career
    1976-Jockey Bill Shoemaker won the 7,000th race of his career aboard Royal Derby II, a horse that hadn’t won in three years. Shoemaker became the winningest jockey in history in 1970, when he surpassed Johnny Longden’s total of 6,032. The Shoe retired in 12990 after having ridden 8,833 winners.
    1977—Top Hits
Love Theme from "A Star is Born" (Evergreen) - Barbra Streisand
Fly like an Eagle - Steve Miller
I Like Dreamin’ - Kenny Nolan
She’s Just an Old Love Turned Memory - Charley Pride
    1979 - No. 1 Billboard Pop Hit: "I Will Survive," Gloria Gaynor. The song is released as the B-side to the single "Substitute."
    1985 - Bill Cosby won four People’s Choice Awards for "The Cosby Show". The awards were earned as the results of a nationwide Gallup Poll. Barbara Mandrell announced she was pregnant as she accepted her second award on the show. She mentioned “the child here tonight in my tummy.” Bob Hope won the award for All-Time Entertainer, defeating Clint Eastwood and Frank Sinatra for the honor.
    1985—Top Hits
Can’t Fight This Feeling - REO Speedwagon
The Heat is On - Glenn Frey
Material Girl - Madonna
My Only Love - The Statler Brothers
    1985-The first cabinet member indicted while in office was Raymond L. Donovan, secretary of labor under President Ronald Reagan from 1981 to 1985. Facing a trial for larceny and fraud in New York. Donovan resigned this day. He was acquitted of all charges on May 25, 1987, after an eight-month trial in New York City.
    1985 - Bill Cosby captured four People´s Choice Awards for The Cosby Show. The awards were earned from results of a nationwide Gallup Poll. Barbara Mandrell stunned the audience by announcing that she was pregnant while accepting her second award on the show. Bob Hope won the award as All-Time Entertainer beating Clint Eastwood and Frank Sinatra for the honor.
    1986- Frank Zappa played a drug czar on a "Miami Vice" episode.
    1986- Microsoft goes public, closing the day at twenty-eight dollars a share, up seven dollars from the offering price. The offering, dubbed "the IPO of the year" by industry analysts, created a slew of instant tycoons as young Microsoft employees found their stock options suddenly worth something.
Microsoft was founded in the mid-1970s, when high school friends and fellow computer nerds Paul Allen and Bill Gates read a Popular Electronics article about a new microcomputer called the Altair 8800. The two had been programming computers since high school, where they developed a system called Traff-o-Data for analyzing traffic data, as well as a registration system that reportedly placed the two in the classes of the most attractive girls. Allen and Gates quickly developed a version of BASIC, a computer language, and licensed it to MITS, maker of the Altair. The two formed a company called Micro-Soft (they later dropped the hyphen). For the next five years, Microsoft concentrated on developing computer languages that would run on the variety of home computers that flooded the market in the late 1970s. Microsoft's lucky break came when operating system guru Gary Kildall of Digital Research missed a meeting with IBM executives because he was out flying his plane: Instead, IBM asked Microsoft for an operating system. Gates quickly purchased the rights to Seattle Computer Products' "Quick and Dirty Operating System" (QDOS), which became MS-DOS, the operating system powering the IBM PC, introduced in 1981. Today he is the world’s richest billionaire: $50 BB.
    1987-Huey Lewis and The News scored their third number one record in the US with a Brue Hornsby composition, "Jacob's Ladder", one of six singles released from the album "Fore".
    1988 - Squalls in the Great Lakes Region continued to produce heavy snow in northwest Wisconsin and Upper Michigan, and produced up to 14 inches of snow in northeast Ohio. Poplar WI reported 27 inches of snow in two days.
    1989 - No. 1 Billboard Pop Hit: "Lost in Your Eyes," Debbie Gibson.
    1990 - Fifty-three cities reported record high temperatures for the date as readings warmed into the 70s and 80s from the Gulf coast to the Great Lakes Region. Charleston WV was the hot spot in the nation with a record high of 89 degrees. It was the fourth of five consecutive days with record warm tempeatures for many cities in the eastern U.S. There were 283 daily record highs reported in the central and eastern U.S. during between the 11th and the 15th of March.
    1992-About 40,000 people attend Farm Aid Five in Irving, Texas. The show is hosted by Willie Nelson and features performances by John Mellencamp, Neil Young and Paul Simon.
    1992-intense snow squalls that began back on the 12th finally came to an end over Oswego and Onondaga counties in central New York. Palermo was buried under an incredible 85 inches of snow over the 4 day period. Parish checked in with 60 inches and Fulton recorded 51 inches. Syracuse recorded 7.7 inches of "normal" snow from the big storm back on the 11-12th, but this was peanuts compared to the 24 inches the squalls deposited on the city.
    1993 - The second day of the "Great Blizzard which was clobbering the eastern US on this day and produced perhaps the largest swath of heavy snow ever recorded. Heavy snow was driven to the Gulf Coast with 3 inches falling at Mobile, Alabama and up to 5 inches reported in the Florida panhandle, the greatest single snowfall in the state's history. 13 inches blanketed Birmingham, Alabama to set not only a new 24 hour snowfall record for any month, but also set a record for maximum snow depth, maximum snow for a single storm, and maximum snow for a single month. Tremendous snowfall amounts occurred in the Appalachians. Mount Leconte in Tennessee recorded an incredible 60 inches. Mount Mitchell in North Carolina was not far behind with 50 inches. Practically every official weather station in West Virginia set a new 24 hour record snowfall. Further to the north, Pittsburgh, Pennsylvania measured 25 inches, Albany, New York checked in with 27 inches, and Syracuse, New York was buried under 43 inches. The major population corridor from Washington, DC to Boston, Massachusetts was not spared this time as all the big cities got about a foot of snow before a changeover to rain. A rather large amount of thunderstorm activity accompanied the heavy snow. Winds to hurricane force in gusts were widespread. Boston recorded a gust to 81 mph, the highest wind gust at the location since hurricane Edna in 1954. Numerous cities in the south and mid Atlantic states recorded their lowest barometric pressure ever as the storm bottomed out at 960 milliners (28.35 inches) over Chesapeake Bay. 208 people were killed by the storm and total damage was estimated at 6 billion dollars -- the costliest extratropical storm in history. This day record cold followed in the wake of the "blizzard of '93" over the eastern US with 57 daily record low temperatures broken. Birmingham, Alabama plunged to 2 degrees, by far breaking its previous march record low of 11 degrees. Orlando, Florida recorded 33 degrees to smash its old daily record low by 9 degrees. It was also the coldest temperature ever recorded for so late in the season.
    1996 - United States President Bill Clinton committed $100 million for an anti- terrorism pact with Israel to track down and root out Islamic militants.
    1997- thousands of fans in Corpus Christi mobbed the Texas premiere of "Selena," the film biography of the Tejano music star shot and killed two years earlier by the president of her fan club. Stars attending included Jennifer Lopez, who played Selena, and Edward James Olmos, who portrayed the singer's father.
    1997- Joey Mullen of the Pittsburgh Penguins became the 25th player in National Hockey League history and the first American to score 500 regular-season goals. His tally came in a 6-3 loss to the Colorado Avalanche.
    1998 - Will Smith's hit single "Gettin' Jiggy Wit It' soared to Number 1, and stayed in the top position for 3 weeks.
    2003-Police arrested 80 anti-war protesters in the San Francisco financial district. They included Warren Langley, former head of the Pacific Exchange and former Lt. Col of the US Air Force for fifteen years.
    2005-The Rock and Roll Hall of Fame celebrated its twentieth anniversary with a ceremony at New York's Waldorf Astoria Hotel that saw Bruce Springsteen ushering in U2 and Rod Stewart inducting Soul singer Percy Sledge. Neil Young welcomed the Pretenders into the Hall, while Justin Timberlake introduced The O'Jays.




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