Add me to mailing list | Change email  Search
Advertising | All Lists | Archives | Classified Ads | This Day In American History

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

Friday, May 23, 2014

The flag of the United State of America at the Punchbowl National Cemetery
on the Island of Oahu in Hawaii on Memorial Day

Today's Equipment Leasing Headlines

Pictures from the Past
 Dashiell Leslie Menkin
  Classified Ads---Collections
Platinum Financial, Orange, California
 Update: Bulletin Board Complaint: $6,236.18
  by Christopher Menkin, editor
ELFA Reports Leasing New Business Up 14% in April
  Classified Ads---Help Wanted
New Hires --- Promotions
 Placard: Everything I learned from Noah’s Ark
  Failed Banks: Class of 2014
Stress Tests for Mid-Sized Banks to be Relaxed
 By Tom McCurnin, Leasing News Legal News Editor
  Auto Sales Will Continue to Surge
    Capital Conferences---Dates and Places
     Fox Terrier Mix
      Orange, California Adopt-a-Dog
 Sands of Iwo Jima/The Bridge on the River Kwai
  The Big Red One/Glory/Saving Private Ryan
   Memorial Day Movies by Fernando Croce
News Briefs---
Mid-Atlantic braves huge hail, pounding rains and menacing tornadoes
 HP may cut up to 16,000 more jobs as results disappoint
  Fischer is confirmed to Fed board
   TAB Bank Completes Acquisition of Anchor
    Funding Services, LLC Factoring Portfolio
     Census: Seattle is the fastest-growing big city in the U.S.
      The world's greatest singers

Broker/Funder/Industry Lists | Features (collection)
Top Ten Stories Chosen by Readers | Top Stories last six months (Be Careful of Doing Business)

  You May have Missed---
   SparkPeople--Live Healthier and Longer
    Sports Briefs---
      California Nuts Brief---
       "Gimme that Wine"    
          This Day in American History
           Daily Puzzle
               Weather, USA or specific area
                 Traffic Live----

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

Please send to a colleague and ask them to subscribe.
We are free.



Pictures from the Past
Dashiell Leslie Menkin

(Dash and Sue, photograph on my desk,
when he graduated from Great Lakes Naval Training Facility)

2000, Dash and his dad

In Iraq

Iraq Again


(Not posed, taken by a shipmate,
leaving Norfolk, Virginia, his home port)
Chief Electrician, USS Laramie

My son Dash's unit was sequestered by the US Navy. He is now a civilian duty electrician, whose ship works for the US Department of Navy as part of the Military Sealift Command.

This is public information: His ship is a double-heeled ship, certified for the Mediterranean Sea. Capacity: 159,000 barrels of fuel oil or aviation fuel and eight 20-feet containers refrigerated. Refueling stations: five. Assigned to the Atlantic Fleet. He says he loves his job and enjoys his own cabin with TV, internet, and photos of people his misses. We communicate often.


Classified Ads---Collections

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


Long Grove, Illinois

Financial services professional with a proven track record of positively impacting corporate finances through effective management of cash flow, collections and financial assets. Strategic thinker capable of analyzing financial issues and processes in order to implement changes that improve efficiency and profit margins. Well-versed in all aspects of corporate financial affairs. | Resume


Free Posting for those seeking employment in Leasing:

All “free” categories “job wanted” ads:


Platinum Financial, Orange, California
Update: Bulletin Board Complaint: $6,236.18
by Christopher Menkin, editor

In the case regarding Platinum Financial claiming slander in the two websites posted by Royal Corinthian, the case was dismissed by Platinum and a Motion for Attorney Fees Motion was filed on 3/29 awarding Corinthian attorney fees for $8,085 (1)

The fact that the Slapp Motion was successful and attorney fees and costs were awarded was noted in the complaint, but the main point is that Platinum dismissed the suit. That last point is quite telling since the whole suit wasn’t thrown out because of the libel/slander issue. Had Platinum desired to do so, they could have litigated the issue of the deposit in Orange County.

Platinum also informed the court, as well as told Leasing News, they were in the process of changing their name. While working on the complaint, Tom Leonard, Senior National Advisor (email title) told Leasing News: "…we have transitioned over from an equipment finance company to a working capital broker...We offer both ACH and merchant cash advances. ...I first started in this industry as a sales rep at CapitalWerks dba Preferred Lease back in 2006. I have since opened my own company back in 2008 and started Platinum financial, OC. I kinda just found that a ton of my old colleagues are calling me asking how we are doing so much volume with these working capital and cash advance loan programs. It seems to be a tough sell to many of our broker partners. We are at a 90% close rate on our new loans and 88% renewal business at least 3 renewals per customer. We have been funding 25-35 new loans per month with only 3 sales reps including myself. My marketing plan was to gear advertisements towards working capital instead of equipment leasing. I was thinking of doing an online sales seminar on how to close working capital loans and overcome the 40% sell rate these banks are charging."

  1. Platinum Notice of Ruling

Platinum Financial, Orange, California
Bulletin Board Complaint: $6,236.18

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



ELFA Reports Leasing News Business Up 14% in April

(Chart: Leasing News)

Looks like the second quarter is off to a very good start.

MLFI-25 New Business Volume (Year Over Year Comparison)
click to make larger
(Chart: ELFA)

Separately, the Equipment Leasing & Finance Foundation's Monthly Confidence Index (MCI-EFI) for May is 65.4—relatively unchanged from 65.1 in April—the highest index level in two years for the third consecutive month. 

ELFA President and CEO William G. Sutton, CAE, said: “After a relatively soft first quarter, new business volume picked up steam in April. Equipment finance companies are taking advantage of abundant, available liquidity. This, coupled with a very competitive marketplace, is creating favorable conditions for end-users to invest in capital assets to continue adding capacity to their business operations. Equipment finance and leasing companies also report continued high-quality portfolios, for the most part, which is a result of an improving economy.”

Shad Peterson, President and Chief Operating Officer, Sasser Family Holdings, Inc., said, “Continual positive new business volume coming out of one of the worst first quarter deep freezes, in addition to stronger receivables and historic low charge-offs as indicated in the MLFI-25, signal continued strength within the equipment leasing and finance industry. If the industry can continue to maintain prudent and forward-looking credit decisions along with a measured fiscal policy by the Federal Reserve, 2014 into 2015 looks to be very positive for growth in our industry.”

ELFA MLFI-25 Statistics

Aging of Receivables:

click to make larger

Average Losses (Charge-offs) as a % of net receivables
(Year Over Year Comparison)

click image to make larger

Credit Approval Ratios As % of all Decisions Submitted
(Year Over Year Comparison)

click image to make larger

Total Number of Employees
(Year Over Year Comparison)

click image to make larger

ELFA MLFI-25 Participants

ADP Credit
BancorpSouth Equipment Finance
Bank of America
Bank of the West
BB&T Bank
BMO Harris Equipment Finance
Canon Financial Services
Caterpillar Financial Services
De Lage Landen Financial Services
Dell Financial Services
Direct Capital Corporation
EverBank Commercial Finance
Fifth Third Equipment Finance
First American Equipment Finance, a City National Bank Company
GreatAmerica Financial Services
Hitachi Credit America
HP Financial Services
Huntington Equipment Finance
John Deere Financial
Key Equipment Finance
LEAF Commercial Capital
M&T Bank
Marlin Leasing
Merchants Capital
PNC Equipment Finance
RBS Asset Finance
SG Equipment Finance
Siemens Financial Services
Stearns Bank
Susquehanna Commercial Finance
TCF Equipment Finance
US Bancorp Equipment Finance
Verizon Capital
Volvo Financial Services
Wells Fargo Equipment Finance



Leasing Industry Help Wanted

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

Please see our Job Wanted section for possible new employees.


New Hires --- Promotions

Rob Aldridge was hired as CEO at Energy Finance Company, Portland, Oregon. Previously he was EVP - Business Development for GSG Energy Finance, GSG Financial (December, 2012–May, 2014); EVP of Finance & Syndications, CalcoGreen, LLC (October, 2011–December, 2012); EVP - Business Development, Bombardier Capital (1997–2002). Education: University of Southern California - Marshall School of Business BS and MBA, Business Administration, Management and Operations.

Shawn Arnone was appointed Chief Originations Officer at Century Tokyo Leasing (USA) Inc, Purchase, New York. Previously, he was Senior Vice President, RBS Citizens Asset Finance (July, 2013–May, 2014); Senior Vice President, Originations, EverBank Commercial Finance (October, 2008-March, 2013); Vice President of Sales, Direct Capital Corporation, (August, 2009-September, 2010); Senior Vice President, EverBank Commercial Finance (f.k.a. Tygris Vendor Finance) (October, 2008–February, 2009); Senior Vice President, Global Business Development, The CIT Group (March, 2005 – October, 2008); Vice President, Key Equipment Finance (March, 2001–March, 2005); Senior Program Manager, Citigroup Equipment Finance (March, 2000–March, 2000);Major Account Executive, Canon Business Solutions (March, 1997–March, 2001); Program Manager, Canon Financial Services, Inc. (March, 1997–March, 2000); Regional Sales Manager, Sequa Credit Corporation (1991–1993). Education: City University of New York-Baruch College - Zicklin School of Business, MBA, Finance & Strategic Management (2001–2003); St. Peter's University, Marketing (1986–1989). North Bergen (1982–1986).

Ted Bojorquez was hired by National Bank, Los Angeles, California to serve as its senior vice president and manager of commercial banking services in San Jose, California. He will lead a team delivering full range of credit, trade finance, including real estate lending and equipment leasing. Previously, he was Vice President & Team Lead, US Bank (July, 2007–May, 2014); VP Finance and Operations, eCoaching Technology (October, 2005–December, 2006); VP Finance & Operations, Mobile Digital Media (January, 2002–January, 2005); Corporate Controller, Nova Crystals (January, 2000–December, 2002); Sr. Financial Analyst, Aspect Communications (1997–2000);  Sr. Financial Analyst, LAM Research (January, 1993–January, 1997). Education: Santa Clara University, BS Finance, Finance/Accounting (1985–1989).

George F. Coburn was hired as Vice President and Chief Lending Officer of Marlin Business Bank, Salt Lake City, Utah, a wholly owned subsidiary of Marlin Business Services. His “…responsibilities will include portfolio management of the commercial loans and leases underwritten by the bank, and further expanding Marlin's credit underwriting services and capabilities. He began his career with the Federal Reserve Bank of San Francisco as a commercial bank examiner. His most recent position was with UBS Bank USA as executive director, chief administrative officer and chief technology officer.”

Joseph Eschler was named Director of Credit and Syndication at Tetra Financial, Salta Lake City, Utah. Previously, he was Experience Manager, Risk Management, American Express (September, 2011–May, 2014); Credit Analyst, Bank of Utah (January, 2007–September, 2011 ). Education: University of Nebraska-Lincoln Master of Business Administration (MBA), Accounting and Business/Management (2008–2010). Weber State University, Accounting (2003–2006).

David Gerrard was hired as VP at Macquarie Group, Greater Philadelphia area. Previously, he was SVP, Sales & Program Management - Technology Finance, Element Financial Corporation (who purchased Co-Active Capital Partners) (February, 2005 – April, 2014 ); Vice President, Sales and Business Development-Financial Institutions, De Lage Landen Financial Services, Inc. (1992 – 2005); District Sales Manager, Lanier Worldwide (1983 – 1992). Education: University of Michigan, BA, Economics, Microbiology (1978 – 1982); Garden City West High School

John Jenkins was named CEO of Capital Bridging Finance, London, UK. He previously was CEO, GE Capital UK (2005-March, 2013); Sales Director, Lloyds TSB Commercial Finance (1998-2005); Sales Director, Lloyds TSB Commercial Finance Ltd. (1998-2005). Languages: French. Education: Brynteg CS (1976 – 1983).

Jim McCarty named Director of Business Development at LeaseQ, Woburn, Massachusetts. Previously, he was Branch Manager, Santander Bank, N.A. (October, 2011–May, 2014); Regional Sales Manager - Massachusetts, re2g-Renewable Energy to Grid (March, 2011–October, 2011); Vice President of Business Development, Point Mountain Capital, Inc. (February, 2010–March, 2011); Account Executive, Navitas Lease Finance Corp. (November, 2008–August, 2009); Director of Business Development, Healthcare Capital Services (October, 2007–October, 2008); Branch Manager, HSBC (April, 2003–August, 2007); Business Development Mgr., AT&T Capital Leasing/Newcourt/CIT (November, 1997–May, 2000); Account Representative, Duracraft Corp. (1994–1996); Customer Service Rep., 440 Financial Group (1991–1995). Certifications: ELFA - Principles of Leasing Workshop (March, 2008–Present).Projects: Advisory Board Member - Evelus, Inc. (Link) (February, 2013–Present). Organizations: Northeastern University Alumni Healthcare Entrepreneurs Group. Education: Northeastern University, Bachelor of Science, Business Administration (1988–1993).

Cramer Owen was named National Leasing Manager, Specialty Vehicles for Key Equipment Finance, Superior, Colorado; he is based in the Greater New York area. Previously, he was Business Development Manager De Lage Landen (a wholly owned subsidiary of Rabobank) (March, 2011- November, 2013); Vice President, Business Development, Specialty Vehicles & Industrial Finance, Wells Fargo Equipment Finance, Inc. (2008–2011); Vice President, Business Development, CIT Group (2006–2008); VP, Business Development & Sales Manager, GE Capital (2002–2006); Director of Leasing, CNH (majority owned by the Fiat Group) (2001–2002); Managing Director, Structured Finance, DaimlerChrysler Capital (1999–2001); Manager of Operations, debis Financial Services (a wholly owned subsidiary of Daimler AG) (1997–1999); Group Leader, Sales and Marketing debis Financial Services (a wholly owned subsidiary of Daimler AG) (December, 1995–May 1997); Positions of Increasing Responsibility, PACCAR (1984–1995); Corporate Banking Officer, Bank of Tokyo-Mitsubishi UFJ (1981–1984); Corporate Banking Officer, Wells Fargo (November, 1978–May, 1981). Six Sigma Green Belt Certified, GE (September, 2004). Volunteer Experience & Causes: Loaned Executive, United Way of America (September, 1980–January, 1981); Volunteer, Habitat for Humanity International (October, 2003); Mentor Portland Mentoring Alliance (March, 1984). Volunteer, Regional YMCA of Western Connecticut (June 2013). Education: Thunderbird School of Global Management, MBA, Finance (1977–1978). International finance and proficiency in French. Activities and Societies: Member of winning team of Winterim Event - International Banking Simulation Program. University of California, Berkeley BA, Economics (1970–1974); Macroeconomics, international business, econometrics and monetary policy. Activities and Societies: Delta Upsilon, UC Karate Team, Driver for UC Regents.

Jim Phelan was hired as Vice President of Sales at Ascentium Capital LLC, Kingwood, Texas; based out of Mason, Ohio. Previously, he was Director of Inside Sales, Summit Funding Group, Inc. (November, 2012–May, 2014); East Region Channel Sales Manager, SMS&P Microsoft Finance (A Program Administered by PNC Equipment Finance) (December, 2010–November, 2012); Sales Manager, Ventech USA, LP (May, 2009–January 2010). He joined Marlin Leasing as Director of Sales, Southeast Division, August, 2005; promoted to Sales Effectiveness Leader, January, 2008; promoted to Director of Strategic Business Development 2007–March 2009. He Joined GE Commercial Finance as Business Development Manager, August, 1998; promoted to "Acting" National Account Manager (NAM), April, 2000; January, then became Sales Effective Leader; 2002, Regional Sales Manager; January, 2003, Territory Manager, Ge Trailer Fleet Sales; November, 2003, Relationship Manager, GE Trailer Fleet Services. Prior, he was Business Development Manager, De Lage Landen (September, 1996–July, 1998). Major (USMCR), United States Marine Corps (May, 1985–January, 1997); National Account Sales Manager, Advanta (January, 1994–July, 1996); Sales Manager, Canon Financial Services, Inc. (March, 1991–December, 1993); National Account Executive, Dana Corporation (November, 1989–February, 1991); Sales Representative, Lanier Worldwide (December, 1988–October 1989. Community: Parish Council President, St. Patrick's Catholic Church (2009–2012).Honors & Awards - Navy Achievement Medal – 1988; - Presidents Club at De Lage Landen (DLL) – 1997; - Certified Instructor, Strategic Selling (Miller Heiman) – 2000; - Certified Instructor, Conceptual Selling (Miller Heiman) 2000; - Certified Instructor, Large Account Management Process (Miller Heiman) – 2000; - GE Change Acceleration Process (CAP) – 1999; - GE Work-Out Lead Facilitator – 1999. Education: Infantry Officers Course (IOC) - USMC, 0302 Military Occupational Specialty (MOS), Small Unit Infantry Operation (1984–1985); The Basic School - USMC (1984–1984). Villanova University BSBA, Business Administration, (1980–1984). Activities and Societies: NROTC Sailing Team Rowing Year Book

Alison Posney was hired as Managing Director, Asia Pacific at International Decision Systems; Location: Sydney Area, Australia. Previously she was Head of Global Solutions Centre, Professional Services, Misys (June, 2012 – September, 2013); Professional Services Solutions Centre Director, Turaz (February, 2012 – May, 2012); Risk Solutions Centre, Thomson Reuters (January, 2011 – January, 2012); Head of Operations, Risk Asia, Thomson Reuters (January, 2005 – February ,2011);She joined the Misys Banking Systems as Branch Manager, 2002, and was promoted April, 2003, as head of Professional Services, Asia. Prior she was Services Manager, Quotient (1989–1995). Education: University of Technology, Sydney, BSC, Computer Science, 1st Class Honors.

Lauren (Zabaronick) Timlin was hired as Senior Funding Coordinator at Banc of California, Irvine, California. She joined Blue Street Capital, August, 2009, as credit manager, and was promoted to director of credit and funding, October, 2011. Prior she was credit analyst, Nationwide Funding (2006-2008). She continues her wine tasting service company Talo Wine Events, Huntington Beach, California, that she began January, 2013. Education: Arizona State University (2000–2004).

Steven Vannucci was named VP Lease Acquisitions at Presidential Bank, Georgia. He previously was Director of Syndications Solutions (February, 2009-May, 2014). Prior, he was Vice President, Alter Moneta Corporation (January, 2008 – October, 2008); Vice President, M&I Equipment Finance Company (2006–2007); Manager Equity Sales, Lease Plan USA, Inc. (2001–2005); Director, Syndications, Pure Markets Corporation (2000–2001); Syndication Manager. CIT, Equipment Finance (1999 – 2000); Senior Transaction Manager, Third Party Origination Group (1995–1999). He joined GE Capital, January, 1986, as Regional Credit Analyst, and February, 1988, became an accountant executive, leaving in 1995. Prior he was Corporate Audit Staff and Loan Officer, M&I Marshall & Ilsley Bank (January, 1983–January, 1986). Education: University of Wisconsin-Madison, MBA, Finance (1985–1986). University of Wisconsin-Madison, BBA, Finance (1979–1983).

Brad Wheatley has been promoted to Chief Operating Officer of First Financial Corporate Services, Inc, Placentia, California. He joined the company five years ago as Chief Financial Officer. “In his new role as COO, Wheatley will oversee credit underwriting and lease pricing, master lease and schedule negotiations, lease end of term negotiations and buyout pricing, and supervise the contract administration staff…. Mr. Wheatley has over 38 years’ experience in a variety of financial officer positions at both large financial institutions such as Aetna Life and Casualty and Comdisco, as well as at two smaller, specialty equipment leasing companies, Third Coast Capital and Gaming Capital Group. Wheatley earned his BA from Union College, Schenectady, New York and his MBA from the Wharton School.




Failed Banks: Class of 2014
By Divya Lulla and Robert Clark

A SNL Financial Exclusive

Regulators closed one bank Friday, May 16, increasing the year's total number of failures to seven. In 2013, regulators had closed 13 banks through May 16.

The seven bank failures in 2014 did not involve a loss-share agreement. In 2013, only three of the 24 bank failures had a loss-share agreement. In 2012, the FDIC entered loss-share agreements with the buyers of 20 of the 51 closed banks.

The median cost to the deposit insurance fund at the time of announcement as a percentage of the failed banks' assets was 13% in 2014, 22% in 2013 and 21% in 2012.

Berwyn, Ill.-based AztecAmerica Bank ($66.3 million)
The bank was established in 2005, focusing on the Hispanic community in Chicago, according to Crain's Chicago Business. In an SNL analysis, AztecAmerica was ranked fifth in the list of banks and thrifts with the highest adjusted Texas in the first quarter. The bank had incurred net losses for 22 of the last 25 quarters for an aggregate loss of $13.8 million.

AztecAmerica Bank Report by Leasing News:

Fairfax, S.C.-based Allendale County Bank ($51.5 million)
The bank was established in 1937 and operated five branches in South Carolina. This represents the first bank failure in South Carolina since Carolina Federal Savings Bank in June 2012. The FDIC had issued a cease and desist order to Allendale County Bank in July 2013. At the end of 2013, about 56% of the company's loan portfolio consisted of consumer loans. Due to a substantial rise in its loan loss provision, the bank incurred a net loss of $3.1 million in the quarter ended Dec. 31, 2013.

Allendale County Bank report by Leasing News

Sterling, Va.-based Millennium Bank NA ($130.3 million)
Established in 1999, the bank had two branches in northern Virginia. It was the first failure in Virginia since Bank of the Commonwealth in September 2011. The bank had incurred net losses for 23 consecutive quarters for an aggregate loss of $52.1 million. Millennium topped the list of banks having the highest adjusted Texas ratio for the quarter ended Sept. 30, 2013, according to an analysis conducted by SNL.

Millennium Bank report by Leasing News:(

Horsham, Pa.-based Vantage Point Bank ($63.5 million)
The bank was formed in 2007 and operated one branch in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA. This marks the first failure in Pennsylvania since Nova Bank in October 2012. The FDIC had issued a consent order to Vantage Point on Dec. 9, 2013. The bank had also recently experienced turnover in senior management.

Vantage Bank report by Leasing News:

Boise, Idaho-based Syringa Bank ($153.4 million)
Established in 1997, the bank had six branches in Idaho, five of which were in the Boise City-Nampa MSA. This was the first bank failure in Idaho since April 2009. Syringa Bank's parent, Syringa Bancorp, had received TARP funds in January 2009. Syringa Bank had incurred net losses for 19 consecutive quarters for an aggregate loss of $40.0 million. Total loans and leases were $119.8 million at year-end 2013, down from $260.2 million five years earlier. 

Syringa Bank Report by Leasing News:

El Reno, Okla.-based Bank of Union ($317.2 million)
Established in 1900, Bank of Union had two branches in central Oklahoma. This was the first bank failure in Oklahoma since First Capital Bank in June 2012. The FDIC issued Bank of Union a consent order in June 2013. More than half of the bank's loan portfolio was nonperforming as of Sept. 30, 2013.

Bank of Union report by Leasing News:

West Chicago, Ill.-based DuPage National Bank ($53.5 million)
The bank was established in 1891 and operated three branches in the Chicago MSA. DuPage National was the first bank failure in Illinois since Covenant Bank in February 2013. The bank had incurred net losses for 25 consecutive quarters for an aggregate loss of $17.7 million. As of Sept. 30, 2013, 17.41% of its gross loans were past due or nonaccrual.

DuPage Bank Report by Leasing News:


FDIC List of Bank Failures:

Leasing News Bank Beat:



Stress Tests for Mid-Sized Banks to be Relaxed
By Tom McCurnin
Leasing News Legal News Editor

Dodd-Frank: an Act to promote the financial stability of the United States by mproving accountability and transparency in the financial system, to end "too big to fail", to protect the American taxpayer by ending bailouts, to protect consumers from abusive financial services practices, and for other purposes.

Dodd-Frank Is Probably Good Legislation, But Its One Size Fits All Rules Have Stymied Growth. Fed Recommends a More Measured Approach

Federal Reserve Governor Daniel Tarullo created a stir in the world of banking by announcing in May that Dodd-Frank should be amended for mid-sized banks to create a sort of “middle class” for smaller banks, reducing them from onerous stress tests required by Dodd-Frank. Speaking at the Fed’s Bank Structure Conference, Mr. Tarullo stated that banks of different sizes need different rules.

The speech caused quite a bit of a stir, because Tarullo stated the following:

• The regulations for mid-sized banks need to be ratcheted back

• Banks under a certain threshold would be exempt from the Volcker Rule, the Act’s bank on proprietary trading.

• Mid-Sized Banks should have lesser requirements for Dodd-Frank’s stress tests

• Redrawing the “too big to fail” ceiling of $50 billion.

Tarullo’s speech drew positive support from those within the banking industry, who have repeatedly stated that a one size fits all standard was inappropriate.

Now, let’s wait and see if the Fed, through administrative rules, makes Dodd-Frank a little more appealing to mid-sized banks.

A link to the Fed’s Press Release regarding the speech is located here:

Tom McCurnin is a partner at Barton, Klugman & Oetting in Los Angeles, California.

Tom McCurnin
Barton, Klugman & Oetting
350 South Grand Ave.
Suite 2200
Los Angeles, CA 90071
Direct Phone: (213) 617-6129
Cell (213) 268-8291
Visit our web site at

Previous Tom McCurnin Articles:



Auto Sales Will Continue to Surge

New-car sales in the United States are expected to rise more than 7% in May, continuing 2014's winning streak, two industry research firms said on Thursday per Reuters.

Sales climbed 8% last month, and are expected to be up more than 3% overall in 2014.

The surge was predicted late last year by Edmunds, which said an increasingly aged fleet would help drive more consumers back to the new car market.

According to RBC Capital Market's latest survey, there appears to be no sign that trend will slow down. The firm found that a vehicle's old age was the No. 1 reason for purchasing a new one in May 2014, "consistent with prior surveys," they said.

Here are the full results, with the different columns showing results in recent months and from a year ago. May 2014 is in slate-gray.

Perhaps more frustratingly for analysts, "other” — which RBC does not define — came in second. Fuel economy was third.

Note: Auto Finance Outstanding’s Hit Record $822.1 Billion in 2013


John Kenny 
Receivables Management

• End of Lease Negotiations & Enforcement
• Fraud Investigations
• Credit Investigations • Asset Searches 
• Skip-tracing • Third-party Commercial Collections | ph 315-866-1167|

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


Capital Conferences---2014

Beijing, China

June 18-20, 2014
China Leasing Summit 2014
Sixth Annual Conference
Crowne Plaza Beijing Chaoyang U-Town
Beijing, China

Leasing News is one of the Media Sponsors 
for the China Leasing Summit 2014

"The Chinese leasing industry is gearing up for an eventful year in 2014 as profound changes and broad reforms take full effect in China’s market. In this year leasing companies will see the full effects of programs such as the national value-added tax reform and the opening of the Shanghai (Pilot) Free Trade Zone, along with the rapid evolution of China’s transportation system."

"This summit will gather regional government officials, vendor representatives, national organizations and industry leaders to unveil statistical data on the 2013 China leasing market, foster a thorough understanding of the current status and developmental potential of the market. They will share the experience on product models and avoid the homogenization of products. There is no doubt that this summit will provide a premier platform for its delegates to establish strategic cooperative partnerships, expand business. We firmly believe that your outstanding industrial background and broad knowledge would contribute significantly to the quality and scope of this summit."


September 4-6
2014 Eastern Regional Meeting
Lord Baltimore Hotel
Baltimore, MD

September 10-12
Canadian Finance and Leasing Association
The Fairmont Chateau Whistler
Whistler, British Columbia

September 18-20

Hyatt Regency San Antonio Riverwalk
123 Losoya Street
San Antonio, Texas  78205
United States

October 19-21
2014 53rd Annual Convention
Manchester Grand Hyatt
San Diego, CA

November 5-7
34th Annual AGLF Fall Conference
Loews Ventana Canyon
Tucson, Arizona

November 6 - 8
2014 Western Regional Meeting
Hyatt Regency Irvine
Irvine, CA

November 12 - 14
Commercial Finance Association
70th Annual Convention
Washington Marriott Wardman Park
Washington, D.C.


November 16 -17
NJ Expo Regional
Teaneck, New Jersey
(Sunday evening- All Day Monday)

CFA Related Conferences

CFA Network Calendar

ELFA ---2014 Schedule of Conferences, Workshops
and e-Learning Opportunities


Fox Terrier Mix
Orange, California Adopt-a-Dog

Pet ID: A1319827
Age: 5 Months

OC Animal Care
561 The City Drive South
Orange, CA. 92868

Open Daily - 10:00 AM to 5:00 PM
Wednesday (Extended Hours) - 10:00 AM to 7:00 PM
Closed Holidays

Adopt a Pet


Leasing News: Fernando’s View:
Special Memorial Day Edition

By Fernando Croce

For this upcoming Memorial Day weekend, check out these patriotic classics from Netflix for a cinematic celebration of the courage and resolve of the men and women protecting country and freedom.

Sands of Iwo Jima (Allan Dwan, 1949): John Wayne had one of his most beloved parts in this sturdy dramatization of the World War II battle of Iwo Jima. Wayne plays Sgt. John Stryker, a Marine martinet whose tough ways seem both necessary and overly strict as he leads his young recruits into the battleground. One of his men, Peter (John Agar), has special reason to be with Stryker’s troops, as his father fought alongside the ornery sergeant many years before. As they train and fight together, however, Stryker’s complex past emerges and a strong bond develops. Directed by Allan Dwan, a splendid silent-era veteran with decades of experience, this is a rousing view of the personal side of the men bravely risking their lives for their countries.

The Bridge on the River Kwai (David Lean, 1957): A director of grand visuals, David Lean (“Lawrence of Arabia”) scored an enormous hit with this beloved wartime epic, set mostly inside a Japanese prisoner camp. Alec Guinness won a Best Actor Oscar for his performance as Colonel Nicholson, an imprisoned but still stubborn British officer who’s forced to lead his men into building a bridge in the Burmese jungle. What follows is a battle of wills between him and the equally determined Japanese camp officer (Sessue Hayakawa), while a brash American fugitive (William Holden) works on a plan to keep the project from happening. Featuring countless classic scenes (as well as a memorable, whistling theme), the film examines the mad irony of war while honoring the men trapped in it.

The Big Red One (Samuel Fuller, 1980): A legendary director of wild and gritty crime stories, Samuel Fuller was also a WWII veteran whose dream project was to film the story of his wartime experiences. He finally made that dream a reality in this heartfelt personal epic, which follows a group of young soldiers as they venture on a mission into perilous European territory. Among them is Griff (Mark Hamill), Zab (Robert Carradine) and Vinci (Bobby Di Cicco), all of them led by a gruff, nameless sergeant (played by vintage tough-guy Lee Marvin). Chronicling their many encounters and skirmishes with the director’s customary gusto, Fuller’s twilight masterpiece is rough, often lyrical and very funny, and always profoundly moving.

Glory (Edward Zwick, 1989): Going further back than World War II, here’s another portrait of human courage and dignity in the midst of conflict. Set during the American Civil War, it tells the real-life tale of the US Army’s first all-black volunteer unit, a bold gesture of unity in a time when the country was threatened by separation. There’s the rebellious Trip (Denzel Washington, in an Oscar-winning performance), the studious Searles (Andre Braugher), and the wise Rawlins (Morgan Freeman); leading them is Colonel Shaw (Matthew Broderick), a young man anxious about the important role he’s being asked to embody. Director Edward Zwick has in the years since attempted to retell similar stories of bravery, but none is as powerful and poignant as this one.

Saving Private Ryan (Steven Spielberg, 1998): There are countless fine American movies dealing with courage during wartime, but to many younger viewers this modern classic from Steven Spielberg may stand at the very top of the list. Kicking off with an unforgettable vision of the bloodshed and sacrifice of the D-Day landing near the end of World War II, it depicts the odyssey of a group of soldiers, led by Capt. John Miller (Tom Hanks), as they venture into enemy territory in a dangerous mission: To rescue Private Ryan (Matt Damon), a paratrooper whose brothers were killed in action. With masterly camerawork and often overpowering emotions, Spielberg offers an indelible portrayal of bravery in the face of horror that’s both inspiring and haunting.


News Briefs----

Mid-Atlantic braves huge hail, pounding rains and menacing tornadoes

HP may cut up to 16,000 more jobs as results disappoint,0,1963833.story

Fischer is confirmed to Fed board

TAB Bank Completes Acquisition of Anchor Funding Services, LLC Factoring Portfolio

Census: Seattle is the fastest-growing big city in the U.S.

The world's greatest singers



--You May Have Missed It

Ten Best Golf Courses in United States


SparkPeople--Live Healthier and Longer

Outsmart Your Cravings with These Smarter Temptations


Baseball Poem


What is it
About ticket stubs
That prevents me
From throwing them away

Not just the precious few

From a World Series
But lately
I can't throw any away

They do not bring to mind

Vivid memories
Of good times
Or remembrances
Of hits and runs past

Yet they stand for something For times I traveled
Outside of time
Like stamped passports
They are all the proof remaining
Of my trips

Written by Gene Carney, published in
“Romancing the Horsehide: Baseball Poems
on Players the Game”
Published by McFarland and Company




Sports Briefs----

Landon Donovan left off US Soccer World Cup roster; Wondo in

Minneapolis Tabbed as 2018 Super Bowl Host


California Nuts Briefs---

55,000 in San Diego, Ca. underwater on mortgages

Postage stamp honoring slain gay rights leader Harvey Milk unveiled

Teen’s charity lemonade stand raises $20K


“Gimme that Wine”

Robert Mondavi Winery Announces Lineup for 45th Annual Summer Concert Series

Head to McEvoy Ranch, Petaluma, Ca. for 'Wine + Boots'

The Long Island Merlot Alliance Announces Merliance Wine Trail

California drought will cost thousands of farm jobs: study

Free Mobile Wine Program

Wine Prices by vintage

US/International Wine Events

Winery Atlas\

Leasing News Wine & Spirits Page


This Day in History


1785- Benjamin Franklin, Philadelphia, PA, writes his friend, George Whately, “ I have only to move my eyes up and down as I want to see distinctly far or near” as he describes his invention that day of a bifocal eyeglass. He was annoyed at having to carry two pairs of glasses. He took a frame and equipped it with lenses that consisted of two parts with different focusing powers. Inasmuch as ordinary spectacles in the colonies cost as much as $100 each, a huge sum of money in those days, his invention did not receive ready popular response, as only the wealthy could afford glasses.
    1788- By a vote of 149 to 73, South Carolina became the eighth state to ratify the Constitution. The colony, originally named in honor of Charles I of England, became one of the United States on this day. The eighth state also has the dubious honor of being the first state to secede at the start of the Civil War in 1861. Its capital city is Columbia. The state bird is Carolina wren. The yellow jessamine (jasmine) is the state flower. It is also called the Palmetto State, after the palm tree that decorates the land.
    1803-In the Tripolitan War (1801-1805), Commodore Edward Preble was commissioned as commander of a U.S. Navy squadron to be sent against Tripoli. My son began his seaman duties on the U.S.S. Preble, an Arleigh Burke–guided missile destroyer.
    1810-Birthday of Margaret Fuller, journalist and author, at Cambridgeport, MA. She began reading Virgil at age six. Her conversational powers won her the admiration of students at Harvard University and she was befriended by Ralph Waldo Emerson. She shared editorial duties with Emerson on the Transcendentalist quarterly “The Dial,” and was hired by Horace Greely as literary critic for the New York Tribune. Her book “Women in the Nineteenth Century,” the first feminist statement by an American writer, brought her international acclaim. In 1846, as a foreign correspondent for the Tribune, she became caught up in the Italian revolutionary movement and secretly married a young Roman nobleman, the Marquee Giovanni Angelo Ossoli. En route to the US, Fuller and her husband and died July 19, 1950, when their ship was wrecked off Fire Island near New York, NY.
    1832-"I would rather die upon yonder gallows than live in slavery". Samuel Sharpe, Jamaican hero, hanged. -"I would rather die upon yonder gallows than live in slavery". Instigator of the 1831 Slave Rebellion which began on the Kensington Estate in Saint James and was largely instrumental in bringing about the abolition of slavery in Jamaica.
    1846-Arabella Mansfield, born Belle Auerlia Babb near Burlington, IA, was the first woman admitted to the legal profession in the US. In 1869, while teaching at Iowa Wesleyan College, Mansfield was certified as an attorney and admitted to the Iowa bar. According to the examiners, “she gave the very best rebuke possible to the imputation that ladies cannot qualify for the practice of law. “ Mansfield never did practice law, however, continuing her career as an educator. She joined the faculty of DePauw University, at Greencastle, IN, where she became dean of the schools of art and music. One of the first woman college professors and administrators in the US, Mansfield was also instrumental in the founding of the Iowa Woman Suffrage Society in 1870. She died Aug 2, 1911, at Aurora, IL
    1864-The campaign between Union commander Ulysses S. Grant and Robert E. Lee, the commander of the Army of Northern Virginia, continues southward to the North Anna River around Hanover Junction. In early May, Grant crossed the Rapidan River with the Army of the Potomac and then clashed with Lee's forces in the Wilderness on May 5 and 6 before racing to Spotsylvania Court House for an epic 12-day battle. Grant's continuous pressure on Lee would ultimately win the war, but he was racking up casualties at a rate that was difficult for the Northern public to stomach. Grant believed that Lee could not maintain his position at Spotsylvania because two other Union armies under the command of Franz Sigel and Benjamin Butler were attempting to cut off the Confederate supply line in the Shenandoah Valley and the Rebel stronghold south of Richmond. But both were failing miserably. By 19 May, Grant had had enough of Spotsylvania. He pulled his troops to try another run around Lee to Richmond. Correctly predicting Grant's move, just as he had done two weeks before when Grant left the Wilderness for Spotsylvania, Lee raced the Yankees 30 km south and beat Grant's troops to the North Anna River. The rail center here was crucial to his supplies. At the North Anna, Grant found Lee's position to be even stronger than at Spotsylvania. The river had high banks, and Lee's side was higher than the Union side in several places. Still, Grant made an attempt to dislodge the Rebels. He made two assaults, but neither came close to breaking the Confederate lines. He would try again the next day before moving south to Cold Harbor.
    1865-Celebration of the end of the Civil War.
    1875 – Alfred Sloan, long-time CEO who shaped the General Motors Corporation into one of the world's largest manufacturing enterprises, was born in New Haven, CT. He died in New York on February 17, 1966.
    1883-Actor, Producer, Director Douglas Elton Fairbanks was born at Denver, Co. His theatrical career shifted to Hollywood and he became a movie idol, appearing in such films as “The Mark of Zorro,” “The Three Musketeers,” “Robin Hood,” “The Thief of Bagdad, “The Black Pirate,” and “The Gaucho.” He married “America’s Sweetheart”, Mary Pickford. In 1918 and 1919, they joined with D.W. Griffith and Charlie Chaplin to form the production company United Artists. He died at Santa Monica, CA, Dec. 12, 1939.
    1895-New York’s then-governor Samuel J. Tilden was the driving force that resulted in the combination of the private Astor and Lenox libraries with a $2 million endowment and 15,000 volumes from the Tilden Trust to become the New York Public Library. The main branch of the library opened to the public this day
(lower half of:
    1900-Sergeant William H. Carney of the 54th Massachusetts Colored Infantry became the first black to win the Congressional Medal of Honor. He was cited for his efforts, although wounded twice, during the Battle of Fort Wagner, South Carolina, June 18, 1863. His commendation is worthwhile reading:
    1903- Dr. Horatio Nelson Jackson of Burlington, VT, a physician, with Sewell K. Crocker of Seattle, WAS, as his mechanic, began the first non-professional transcontinental car trip. The same driver also drove the mileage in a 20 horsepower $2,500 Winton, manufactured by the Winton Motor Carriage Company of Cleveland, OH. Jackson and Crocker left San Francisco on May 23 and arrived in New York City on July 26. The average daily run was 25 miles. The trip lasted 63 days, of which 44 were spent traveling and 19 awaiting supplies, as there were very few gasoline stations, Howard Johnson’s or even Seven-11’s along the way.
    1910-birthday of singer/guitarist/drummer Scatman Crothers, Terre Haute, IN.
    1908-John Bardeen born Madison, Wisconsin. With William Shockley and Walter Bratton, invented the transistor, which set the stage for all modern microelectronics. Bardeen was also the only person ever to win the Nobel Prize for Physics twice. Bardeen worked as a physicist for the U.S. Navy during World War II. After the war, he joined Bell Telephone Laboratories, then the research arm of AT&T, where he worked on the electronic conducting properties of semiconductors. In 1947, his team invented the transistor, which won the group a Nobel Prize in 1956. Semiconductors replaced vacuum tubes in electronic equipment, making electronics progressively smaller, faster, and more durable. Bardeen became a professor of physics at the University of Illinois in Urbana. In 1972, he won a second Nobel Prize, with Leon Cooper and John Schrieffer, for their work on the theory of superconductivity. He died in 1991.
    1910-bandleader and clarinetist Artie Shaw birthday, whose real name is Arthur Arshawsky, was born in New York. Shaw formed his first orchestra in 1936, and two years later had a double-sided million-seller with "Begin the Beguine" and "Indian Love Call." One of the most popular artists of the swing era, Shaw is estimated to have sold more than 43-million copies of such records as "Frenesi," "Summit Ridge Drive" and "Dancing in the Dark." Artie Shaw was married eight times - two of his wives were Lana Turner and Ava Gardner. Shaw later became an author and a theatrical producer, and in the 1980's again began fronting a big band.
    1920- Helen O'Connell birthday. She was a vocalist with Jimmy Dorsey's band from 1939 to 1943. Her duets with Bob Eberly, backed by the Dorsey band, on such songs as "Amapola," "Tangerine" and "Green Eyes" sold millions of records. O'Connell and Eberly also appeared on a 1953 TV show with bandleader Ray Anthony, and for a while during the 1960's, O'Connell was the hostess on NBC's "Today" show. She died September 9, 1993, San Diego, CA
    1922 - "Abbie’s Irish Rose", opened at the Fulton Theatre in New York City. The play continued for 2,327 performances and numerous revivals as well. It is estimated that some 50,000,000 people have seen the play performed somewhere in the world.
    1928--Singer Rosemary Clooney was born in Maysville, Kentucky.
When Clooney was in her junior year in high school, she and her younger sister Betty began performing on Cincinnati radio station WLW. Bandleader Tony Pastor heard them, and soon the sisters were singing, in person and on record, with the Pastor orchestra. Betty tired of the road, and soon after Rosemary began a solo career. She signed with Columbia Records, and in 1951 had her first number-one hit, "Come On-A My House," a song chosen for her by producer Mitch Miller. Her other hits included "Hey There," "Tenderly" and "This Ole House." Clooney married actor Jose Ferrer in 1953. The marriage was a stormy one that eventually ended in divorce. Her domestic problems and a resulting weight problem took her out of circulation for some years. But she returned to singing in the 1970's and
also had a very popular television show. Her brother is TV host Nick Clooney, father of actor George Clooney. She died on June 29, 2002.
    1932-Birthday of guitarist/flutist Les Spann, Pine Bluff, AR
    1934- Robert Moog birthday, inventor of the music synthesizer which bears his name, born New York City.
    1934-Clyde Champion Barrow and Bonnie Parker were shot to death by Texas and Louisiana state police officers as they attempted to escape apprehension in a stolen 1934 Ford V-8 near Bienville Parish, Louisiana. Bonnie and Clyde met in Texas in 1930 when the nineteen-year-old Bonnie was tending bar. At the time, Bonnie was married to an imprisoned murderer. Soon after the two met, Clyde was arrested for burglary and sent to prison. Bonnie smuggled a pistol into the prison, and Clyde broke out. Over the course of their crime spree together, Bonnie and Clyde were believed to have committed thirteen murders and several robberies and burglaries. For over two years, the couple evaded local police officers in rural counties of Texas, Louisiana, and New Mexico. Not until the FBI, then called the Bureau of Investigation, became involved in the case did law-enforcement officials gain ground on Bonnie and Clyde. In the spring of 1934, following tireless investigations, federal agents traced the gang to a remote county in Southwest Louisiana. A certain Methvin family was said to have been aiding and abetting the Bonnie and Clyde gang for over a year. It was learned that Bonnie and Clyde, along with some of the Methvins, had staged a party at Black Lake, Louisiana, on the night of May 21. Two days later, just before dawn, a posse of police officers from Texas and Louisiana, including Texas Ranger Frank Hamer, laid an ambush for Bonnie and Clyde along the highway near Sailes, Louisiana. In the early morning, Bonnie and Clyde appeared in their automobile. The officers reported that the coupe attempted to flee, but more likely, owing to the fact that Bonnie and Clyde had killed five policemen, the posse opened fire without warning. For two minutes, deputies showered the car with bullets. Both Bonnie and Clyde were killed in the barrage. Their bullet-riddled 1934 Ford later became a valuable collectible. Bonnie and Clyde gained a place in popular mythology as dustbowl Robin Hoods. The 1967 film “Bonnie and Clyde”, starring Warren Beatty as Clyde and Faye Dunaway as Bonnie, portrayed a charming and irreverent pair who took their game too far. Examination of the couple's past, as well as an examination of their victims, shows that Bonnie and Clyde were more likely carefree killers. Their popularity owed to the mistrust of the authorities of the Dustbowl during the Depression era, and to the couple's uncanny ability to elude the police for over two years.
    1940-Frank Sinatra, singing with the Tommy Dorsey Orchestra, records "I'll Never Smile Again," the first of several No. 1 hits he recorded while performing with Dorsey. The singer had joined the orchestra earlier that year.
    1941 - Buddy Baer was disqualified at the beginning of the seventh round as Joe Louis defended his heavyweight boxing title for the 17th time. Baer’s manager refused to leave the ring when the round was ready to begin. He later became a well-known actor along with his brother, Max.,+Buddy
    1944 - Chicago University called it quits to sports when it announced plans to withdraw from the Big 10 Conference of the NCAA and all other athletic competition.
    1944--DERVISHIAN, ERNEST H. Medal of Honor
Rank and organization: Second Lieutenant, U.S. Army, 34th Infantry Division. Place and date: Near Cisterna, Italy, 23 May 1944. Entered service at: Richmond, Va. Birth: Richmond, Va. G.O. No.: 3, 8 January 1945. Citation: For conspicuous gallantry and intrepidity at risk of life above and beyond the call of duty on 23 May 1944, in the vicinity of Cisterna, Italy. 2d Lt. Dervishian (then Tech. Sgt.) and 4 members of his platoon found themselves far ahead of their company after an aggressive advance in the face of enemy artillery and sniper fire. Approaching a railroad embankment, they observed a force of German soldiers hiding in dugouts. 2d Lt. Dervishian, directing his men to cover him, boldly moved forward and firing his carbine forced 10 Germans to surrender. His men then advanced and captured 15 more Germans occupying adjacent dugouts. The prisoners were returned to the rear to be picked up by advancing units. From the railroad embankment, 2d Lt. Dervishian and his men then observed 9 Germans who were fleeing across a ridge. He and his men opened fire and 3 of the enemy were wounded. As his men were firing, 2d Lt. Dervishian, unnoticed, fearlessly dashed forward alone and captured the entire fleeing enemy before his companions joined him on the ridge. At this point 4 other men joined 2d Lt. Dervishian’s group. An attempt was made to send the 4 newly arrived men along the left flank of a large, dense vineyard that lay ahead, but murderous machinegun fire forced them back. Deploying his men, 2d Lt. Dervishian moved to the front of his group and led the advance into the vineyard. He and his men suddenly became pinned down by a machinegun firing at them at a distance of 15 yards. Feigning death while the hostile weapon blazed away at him, 2d Lt. Dervishian assaulted the position during a halt in the firing, using a hand grenade and carbine fire, and forced the 4 German crewmembers to surrender. The 4 men on the left flank were now ordered to enter the vineyard but encountered machinegun fire which killed 1 soldier and wounded another. At this moment the enemy intensified the fight by throwing potato-masher grenades at the valiant band of American soldiers within the vineyard. 2d Lt. Dervishian ordered his men to withdraw; but instead of following, jumped into the machinegun position he had just captured and opened fire with the enemy weapon in the direction of the second hostile machinegun nest. Observing movement in a dugout 2 or 3 yards to the rear, 2d Lt. Dervishian seized a machine pistol. Simultaneously blazing away at the entrance to the dugout to prevent its occupants from firing and firing his machinegun at the other German nest, he forced 5 Germans in each position to surrender. Determined to rid the area of all Germans, 2d Lt. Dervishian continued his advance alone. Noticing another machinegun position beside a house, he picked up an abandoned machine pistol and forced 6 more Germans to surrender by spraying their position with fire. Unable to locate additional targets in the vicinity, 2d Lt. Dervishian conducted these prisoners to the rear. The prodigious courage and combat skill exhibited by 2d Lt. Dervishian are exemplary of the finest traditions of the U.S. Armed Forces.
    1944--*DUTKO, JOHN W. Medal of Honor
Rank and organization: Private First Class, U.S. Army, 3d Infantry Division. Place and date: Near Ponte Rotto, Italy, 23 May 1944. Entered service at: Riverside, N.J. Birth: Dilltown, Pa. G.O. No.: 80, 5 October 1944. citation: For conspicuous gallantry and intrepidity at risk of life above and beyond the call of duty, on 23 May 1944, near Ponte Rotto, Italy. Pfc. Dutko left the cover of an abandoned enemy trench at the height of an artillery concentration in a single-handed attack upon 3 machineguns and an 88mm. mobile gun. Despite the intense fire of these 4 weapons which were aimed directly at him, Pfc. Dutko ran 10.0 yards through the impact area, paused momentarily in a shell crater, and then continued his l-man assault. Although machinegun bullets kicked up the dirt at his heels, and 88mm. shells exploded within 30 yards of him, Pfc. Dutko nevertheless made his way to a point within 30 yards of the first enemy machinegun and killed both gunners with a hand grenade. Although the second machinegun wounded him, knocking him to the ground, Pfc. Dutko regained his feet and advanced on the 88mm. gun, firing his Browning automatic rifle from the hip. When he came within 10 yards of this weapon he killed its 5-man crew with 1 long burst of fire. Wheeling on the machinegun which had wounded him, Pfc. Dutko killed the gunner and his assistant. The third German machinegun fired on Pfc. Dutko from a position 20 yards distant wounding him a second time as he proceeded toward the enemy weapon in a half run. He killed both members of its crew with a single burst from his Browning automatic rifle, continued toward the gun and died, his body falling across the dead German crew.
    1944--FOWLER, THOMAS W. Medal of Honor
Rank and organization: Second Lieutenant, U.S. Army, 1st Armored Division. Place and date: Near Carano, Italy, 23 May 1944. Entered service at: Wichita Falls, Tex. Birth: Wichita Falls, Tex. G.O. No.: 84, 28 October, 1944. Citation: For conspicuous gallantry and intrepidity at risk of life above and beyond the call of duty, on 23 May 1944, in the vicinity of Carano, Italy. In the midst of a full-scale armored-infantry attack, 2d Lt. Fowler, while on foot, came upon 2 completely disorganized infantry platoons held up in their advance by an enemy minefield. Although a tank officer, he immediately reorganized the infantry. He then made a personal reconnaissance through the minefield, clearing a path as he went, by lifting the antipersonnel mines out of the ground with his hands. After he had gone through the 75-yard belt of deadly explosives, he returned to the infantry and led them through the minefield, a squad at a time. As they deployed, 2d Lt. Fowler, despite small arms fire and the constant danger of antipersonnel mines, made a reconnaissance into enemy territory in search of a route to continue the advance. He then returned through the minefield and, on foot, he led the tanks through the mines into a position from which they could best support the infantry. Acting as scout 300 yards in front of the infantry, he led the 2 platoons forward until he had gained his objective, where he came upon several dug-in enemy infantrymen. Having taken them by surprise, 2d Lt. Fowler dragged them out of their foxholes and sent them to the rear; twice, when they resisted, he threw hand grenades into their dugouts. Realizing that a dangerous gap existed between his company and the unit to his right, 2d Lt. Fowler decided to continue his advance until the gap was filled. He reconnoitered to his front, brought the infantry into position where they dug in and, under heavy mortar and small arms fire, brought his tanks forward. A few minutes later, the enemy began an armored counterattack. Several Mark Vl tanks fired their cannons directly on 2d Lt. Fowler’s position. One of his tanks was set afire. With utter disregard for his own life, with shells bursting near him, he ran directly into the enemy tank fire to reach the burning vehicle. For a half-hour, under intense strafing from the advancing tanks, although all other elements had withdrawn, he remained in his forward position, attempting to save the lives of the wounded tank crew. Only when the enemy tanks had almost overrun him, did he withdraw a short distance where he personally rendered first aid to 9 wounded infantrymen in the midst of the relentless incoming fire. 2d Lt. Fowler’s courage, his ability to estimate the situation and to recognize his full responsibility as an officer in the Army of the United States, exemplify the high traditions of the military service for which he later gave his life.
    1945--BARFOOT, VAN T. Medal of Honor
Rank and organization: Second Lieutenant, U.S. Army, 157th Infantry, 45th Infantry Division. Place and date: Near Carano, Italy, 23 May 1944. Entered service at: Carthage, Miss. Birth: Edinburg, Miss. G.O. No.: 79, 4 October 1944. Citation: For conspicuous gallantry and intrepidity at the risk of life above and beyond the call of duty on 23 May 1944, near Carano, Italy. With his platoon heavily engaged during an assault against forces well entrenched on commanding ground, 2d Lt. Barfoot (then Tech. Sgt.) moved off alone upon the enemy left flank. He crawled to the proximity of 1 machinegun nest and made a direct hit on it with a hand grenade, killing 2 and wounding 3 Germans. He continued along the German defense line to another machinegun emplacement, and with his tommygun killed 2 and captured 3 soldiers. Members of another enemy machinegun crew then abandoned their position and gave themselves up to Sgt. Barfoot. Leaving the prisoners for his support squad to pick up, he proceeded to mop up positions in the immediate area, capturing more prisoners and bringing his total count to 17. Later that day, after he had reorganized his men and consolidated the newly captured ground, the enemy launched a fierce armored counterattack directly at his platoon positions. Securing a bazooka, Sgt. Barfoot took up an exposed position directly in front of 3 advancing Mark VI tanks. From a distance of 75 yards his first shot destroyed the track of the leading tank, effectively disabling it, while the other 2 changed direction toward the flank. As the crew of the disabled tank dismounted, Sgt. Barfoot killed 3 of them with his tommygun. He continued onward into enemy terrain and destroyed a recently abandoned German fieldpiece with a demolition charge placed in the breech. While returning to his platoon position, Sgt. Barfoot, though greatly fatigued by his Herculean efforts, assisted 2 of his seriously wounded men 1,700 yards to a position of safety. Sgt. Barfoot’s extraordinary heroism, demonstration of magnificent valor, and aggressive determination in the face of pointblank fire are a perpetual inspiration to his fellow soldiers.
    1945--HALL, GEORGE J. Medal of Honor
Rank and organization: Staff Sergeant, U.S. Army, 135th Infantry, 34th Infantry Division. Place and date: Near Anzio, Italy, 23 May 1944. Entered service at: Boston, Mass. Born: 9 January 1921, Stoneham, Mass. G.O. No.: 24, 6 April 1945. Citation: For conspicuous gallantry and intrepidity at risk of life above and beyond the call of duty. Attacking across flat, open terrain under direct enemy observation, S/Sgt. Hall’s company was pinned down by grazing fire from 3 enemy machineguns and harassing sniper fire. S/Sgt. Hall volunteered to eliminate these obstacles in the path of advance. Crawling along a plowed furrow through furious machinegun fire, he made his way to a point within hand grenade range of 1 of the enemy positions. He pounded the enemy with 4 hand grenades, and when the smoke had died away, S/Sgt. Hall and 2 dead Germans occupied the position, while 4 of the enemy were crawling back to our lines as prisoners. Discovering a quantity of German potato-masher grenades in the position, S/Sgt. Hall engaged the second enemy nest in a deadly exchange of grenades. Each time he exposed himself to throw a grenade the Germans fired machinegun bursts at him. The vicious duel finally ended in S/Sgt. Hall’s favor with 5 of the enemy surrendered and 5 others lay dead. Turning his attention to the third machinegun, S/Sgt. Hall left his position and crawled along a furrow, the enemy firing frantically in an effort to halt him. As he neared his final objective, an enemy artillery concentration fell on the area, and S/Sgt. Hall’s right leg was severed by a shell burst. With 2 enemy machineguns eliminated, his company was able to flank the third and continue its advance without incurring excessive casualties. S/Sgt. Hall’s fearlessness, his determined fighting spirit, and his prodigious combat skill exemplify the heroic tradition of the American Infantryman.
    1944--KESSLER, PATRICK L. Medal of Honor
Rank and organization: Private First Class, U.S. Army, Company K, 30th Infantry, 3d Infantry Division. Place and date: Near Ponte Rotto, Italy, 23 May 1944. Entered service at: Middletown, Ohio. Birth: Middletown, Ohio. G.O. No.: 1, 4 January 1945. Citation: For conspicuous gallantry and intrepidity at risk of life above and beyond the call of duty. Pfc. Kessler, acting without orders, raced 50 yards through a hail of machinegun fire, which had killed 5 of his comrades and halted the advance of his company, in order to form an assault group to destroy the machinegun. Ordering 3 men to act as a base of fire, he left the cover of a ditch and snaked his way to a point within 50 yards of the enemy machinegun before he was discovered, whereupon he plunged headlong into the furious chain of automatic fire. Reaching a spot within 6 feet of the emplacement he stood over it and killed both the gunner and his assistant, jumped into the gun position, overpowered and captured a third German after a short struggle. The remaining member of the crew escaped, but Pfc. Kessler wounded him as he ran. While taking his prisoner to the rear, this soldier saw 2 of his comrades killed as they assaulted an enemy strongpoint, fire from which had already killed 10 men in the company. Turning his prisoner over to another man, Pfc. Kessler crawled 35 yards to the side of 1 of the casualties, relieved him of his BAR and ammunition and continued on toward the strongpoint, 125 yards distant. Although 2 machineguns concentrated their fire directly on him and shells exploded within 10 yards, bowling him over, Pfc. Kessler crawled 75 yards, passing through an antipersonnel minefield to a point within 50 yards of the enemy and engaged the machineguns in a duel. When an artillery shell burst within a few feet of him, he left the cover of a ditch and advanced upon the position in a slow walk, firing his BAR from the hip. Although the enemy poured heavy machinegun and small arms fire at him, Pfc. Kessler succeeded in reaching the edge of their position, killed the gunners, and captured 13 Germans. Then, despite continuous shelling, he started to the rear. After going 25 yards, Pfc. Kessler was fired upon by 2 snipers only 100 yards away. Several of his prisoners took advantage of this opportunity and attempted to escape; however, Pfc. Kessler hit the ground, fired on either flank of his prisoners, forcing them to cover, and then engaged the 2 snipers in a fire fight, and captured them. With this last threat removed, Company K continued its advance, capturing its objective without further opposition. Pfc. Kessler was killed in a subsequent action.
    1945--SJOGREN, JOHN C. Medal of Honor
Rank and organization: Staff Sergeant, U.S. Army, Company I, 160th Infantry, 40th Infantry Division. Place and date: Near San Jose Hacienda, Negros, Philippine Islands, 23 May 1945. Entered service at: Rockford, Mich. Birth: Rockford, Mich. G.O. No.: 97, 1 November 1945. Citation: He led an attack against a high precipitous ridge defended by a company of enemy riflemen, who were entrenched in spider holes and supported by well-sealed pillboxes housing automatic weapons with interlocking bands of fire. The terrain was such that only 1 squad could advance at one time; and from a knoll atop a ridge a pillbox covered the only approach with automatic fire. Against this enemy stronghold, S/Sgt. Sjogren led the first squad to open the assault. Deploying his men, he moved forward and was hurling grenades when he saw that his next in command, at the opposite flank, was gravely wounded. Without hesitation he crossed 20 yards of exposed terrain in the face of enemy fire and exploding dynamite charges, moved the man to cover and administered first aid. He then worked his way forward and, advancing directly into the enemy fire, killed 8 Japanese in spider holes guarding the approach to the pillbox. Crawling to within a few feet of the pillbox while his men concentrated their bullets on the fire port, he began dropping grenades through the narrow firing slit. The enemy immediately threw 2 or 3 of these unexploded grenades out, and fragments from one wounded him in the hand and back. However, by hurling grenades through the embrasure faster than the enemy could return them, he succeeded in destroying the occupants. Despite his wounds, he directed his squad to follow him in a systematic attack on the remaining positions, which he eliminated in like manner, taking tremendous risks, overcoming bitter resistance, and never hesitating in his relentless advance. To silence one of the pillboxes, he wrenched a light machinegun out through the embrasure as it was firing before blowing up the occupants with hand grenades. During this action, S/Sgt. Sjogren, by his heroic bravery, aggressiveness, and skill as a soldier, single-handedly killed 43 enemy soldiers and destroyed 9 pillboxes, thereby paving the way for his company's successful advance.
    1945 - No. 1 Billboard Pop Hit: “Sentimental Journey”, Les Brown Orchestra/Doris Day.
    1951--RIVERA, DEMENSIO Medal of Honor
Rank and Organization: Private. U.S. Army. Company G, 2d Battalion. 7th Infantry, 3d Infantry Division. Place and Date: May 22-23, 1951, Changyongni, Korea. Born: April 29, 1933, Cabo Rojo, Puerto Rico . Departed: Yes (03/19/1967). Entered Service At: New York. G.O. Number: . Date of Issue: 03/18/2014. Accredited To: New York. Citation: Then-Pvt. Demensio Rivera is being recognized for his actions at Changyongni, Korea, May 22-23, 1951. When the outpost area occupied by his platoon was assaulted during the night, Rivera, an automatic rifleman, held his forward position tenaciously, although exposed to very heavy fire. When his rifle became inoperative, Rivera employed his pistol and grenades, and eventually fought the enemy hand-to-hand and forced them back.
    1951---Top Hits
Mockingbird Hill -Patti Page
On Top of Old Smokey - The Weavers (vocal: Terry Gilkyson)
Too Young - Nat King Cole
Kentucky Waltz - Eddy Arnold
    1951- Jill E. Barad birthday. She became president of chief operating officer of Mattel, Inc., in 1992. She joined Mattel in 1981 as a product manager and became marketing director of the Barbie line in 1982. Under her guidance Barbie sales moved from $485 million in 1988 to more than $1 BILLION in 1994. Her marketing strategy included Hot Wheels as well as tie-ins with Disney, McDonald's, etc. She's made Mattel the largest toy manufacturing company in the world. She also bore two children while making her way to the top, not letting pregnancy slow her down. In fact, one of her major promotions came when she was five months pregnant. Today, there are more Barbie dolls in existence than there are people in the U.S.
    1953--Bill Haley and His Comets saw their first release for Essex Records, "Crazy Man, Crazy" enter the Cashbox Best Sellers chart at #19. The success will be short lived however, as the record would fall out of the Top 50 two weeks later.
    1959---Top Hits
The Happy Organ - Dave ‘Baby’ Cortez
A Teenager in Love - Dion & The Belmonts
Dream Lover - Bobby Darin
The Battle of New Orleans - Johnny Horton
    1960-The Everly Brothers' "Cathy's Clown" hit number one in the US for the first of a five week stay. The duo had also accomplished this feat 1958 when "All I Have to do is Dream" spent over a month at the top position.
    1962 - The National Basketball Association agreed to plans to transfer the Philadelphia Warriors to San Francisco, CA. The team became the San Francisco Warriors (now the Golden State Warriors).
    1962 - Joe Pepitone of the New York Yankees set a major-league baseball record by hitting two home runs in one inning. The rare feat lifted the Yankees past the Kansas City Athletics by a score of 13-7.
    1963-Paul Revere and the Raiders sign with Columbia Records where they will have 14 Billboard Top 40 singles between 1965 and 1971.
    1964- Capitol releases The Beach Boys' "I Get Around" b/w "Don't Worry Baby." "I Get Around" goes on to become the group's first #1 hit, topping the chart for 2 weeks.
    1964-Millie Small's "My Boy Lollipop," already a hit in the U.K., enters the Hot 100 in the U.S. It stays on the charts for 12 weeks climbing up to Number Two.
    1965 - No. 1 Billboard Pop Hit: “Help Me Rhonda”, The Beach Boys.
    1966-The Beatles' "Paperback Writer" b/w "Rain" single is released. The A-side was a tune written by Paul McCartney and featured John and George on backing vocals. The B-side was a Lennon song.
    1967 – A public controversy over the M-16, the basic combat rifle in Vietnam, begins after Representative James J. Howard (D-New Jersey) reads a letter to the House of Representatives in which a Marine in Vietnam claims that almost all Americans killed in the battle for Hill 881 died as a result of their new M-16 rifles jamming. The Defense Department acknowledged on August 28 that there had been a “serious increase in frequency of malfunctions in the M-16.” The M-16 had become the standard U.S. infantry rifle in Vietnam earlier in 1967, replacing the M-14. Almost two pounds lighter and five inches shorter than the M-14, but with the same effective range of over 500 yards, it fired a smaller, lighter 5.56-mm cartridge. The M-16 could be fired fully automatic (like a machine gun) or one shot at a time. Because the M-16 was rushed into mass production, early models were plagued by stoppages that caused some units to request a reissue of the M-14. Technical investigation revealed a variety of causes for the defect, in both the weapon and ammunition design, and in care and cleaning in the field. With these deficiencies corrected, the M-16 became a popular infantry rifle that was able to hold its own against the Soviet-made AK-47 assault rifle used by the enemy.
    1967---Top Hits
Groovin’ - The Young Rascals
Respect - Aretha Franklin
I Got Rhythm - The Happenings
Sam’s Place - Buck Owens
    1969 – The Who’s rock opera album, “Tommy” is released.
    1972 - Heavy U.S. air attacks that began with an order by President Richard Nixon on May 8 are widened to include more industrial and non-military sites. In 190 strikes, the United States lost one plane but shot down four. The new strikes were part of the ongoing Operation Linebacker, an effort launched in response to the massive North Vietnamese invasion of South Vietnam on March 30. The purpose of the raids was to interdict supplies from outside sources and the movement of equipment and supplies to the North Vietnamese troops in South Vietnam. The strikes concentrated on rail lines around Hanoi and Haiphong, bridges, pipelines, power plants, troops and troop training facilities, and rail lines to China.
    1973- Clive Davis, president of Columbia Records, was fired by boss Arthur Taylor. Davis wrote a book about his experiences, and later formed Arista Records.

    1975---Top Hits
Shining Star - Earth, Wind & Fire
Before the Next Teardrop Falls - Freddy Fender
Jackie Blue - Ozark Mountain Daredevils
I’m Not Lisa - Jessi Colter
    1977- San Francisco bans electric instruments from all free outdoor concerts, leaving Jefferson Starship to cancel their planned free concert in Golden Gate Park. Years later, Bernie Taupin would write "We Built This City" for the band about this event.
    1979-The New England Whalers of the National Hockey League changed their name to the Hartford Whalers. The team was an original member of the World Hockey Association and won the first WHA championship, the Avco World Cup, in the 1972-73 season. When the WHA folded following the 1978-79 season, the Whalers were one of four WHA teams taken into the National Hockey League.
    1979-Sister Sledge's "We Are Family" goes platinum. The album's title track, a #2 hit last month, is the rallying call for baseball's Pittsburgh Pirates, who will go on to win the 1979 World Series in October. Perhaps best remembered in the US version of “The Bird Cage.”
    1983---Top Hits
Let’s Dance - David Bowie
Flashdance...What a Feeling - Irene Cara
Little Red Corvette - Prince
Common Man - John Conlee
    1989 - Severe thunderstorms developing along a cold front resulted in 98 reports of large hail and damaging winds in the Northern Plains and Upper Mississippi Valley. Golf ball sized hail caused a million dollars damage around Buffalo City, WI. Baseball sized hail was reported at Northfield and Randolph, MN, and thunderstorm winds gusted to 95 mph at Dunkerton, IA
    1989 - Unseasonably hot weather continued in the south central U.S. Pueblo, CO, equaled their May record with a high of 98 degrees, and the high of 106 degrees at Midland, TX, marked a record six straight days of 100 degree heat.
    1990 - A cold front crossing the western U.S. produced snow over parts of Oregon, California, Nevada, Idaho and Utah, with five inches reported at Austin NV, and four inches at Crater Lake National Park in Oregon. Strong winds behind the cold front sharply reduced visibilities in blowing dust over central California, and two multi-vehicle accidents resulted in one death and eighteen injuries. In northern Idaho, a cloud-burst washed tons of topsoil, and rocks as large as footballs, into the valley town of Culdesac.
    1991 - With his fourth inning swipe of second base at Shea Stadium, Andre Dawson becomes the third major leaguer to become a member of the 300/300 club, with his 300th stolen base. The 36-year old Cubs outfielder, who has also hit 354 home runs, joins Bobby Bonds and Willie Mays in reaching the milestone.
    1991---Top Hits
I Like the Way (The Kissing Game) - Hi-Five
Touch Me (All Night Long) - Cathy Dennis
Here We Go - C + C Music Factory Presents Freedom Williams and Zelma Davis
If I Know Me - George Strait
    1994- Prodigy Services announces a deal with Media General Cable to provide Prodigy access via cable television wires to 200,000 subscribers in Fairfax County, Virginia. Prodigy expected the cable hookup to provide faster speed and enable flashier graphics. At the time, most Prodigy users logged on to the system via 9600-baud modems. Over the next four years, modem speed would increase dramatically, but interest in cable modems would grow as companies like AtHome worked with local cable providers to offer higher-speed bandwidth.
    1994 ---Four men convicted in the 1993 bombing of the World Trade Center are each sentenced to 240 years in prison.
    2000 ---Joining Babe Ruth and Ted Williams, Seattle's Rickey Henderson draws his 2,000th career walk, becoming only the third player in baseball history to reach the milestone.
    2002 - Buddy Guy is among the multiple winners at the W.C. Handy Awards, mounted by the Blues Foundation in Memphis. Guy wins for contemporary male artist of the year and blues instrumentalist of the year (guitar); his "Sweet Tea" is named contemporary blues album of the year.
    2003 – Congress sent to President George W. Bush tax-cut legislation of $330 B, the third such legislation of his presidency.
    2006 - -Brad Paisley wins three of the evening's top awards at the Academy of Country Music (ACM) Awards. His "Time Well Wasted" (Arista Nashville) is named album of the year, and he also wins the video and vocal event prizes for "When I Get Where I'm Going," a hit collaboration with Dolly Parton.
    2007-- The US Library of Congress hands out the first Gershwin Award to Paul Simon for being a "performer whose lifetime contributions exemplify the standard of excellence associated with the Gershwin’s."
    2009 - At Oakland-Alameda County Coliseum, Jason Giambi hits his 400th career home run. The A's designated hitter goes deep off Dan Haren leading off the fourth inning in an 8-7 loss against Arizona to become the 44th major leaguer to reach the milestone.
    2012- Egypt held the Arab world’s first competitive presidential vote, following the Arab Spring uprisings that overthrew President Hosni Mubarak.




The object is to insert the numbers in the boxes to satisfy only one condition: each row, column and 3x3 box must contain the digits 1 through 9 exactly once. What could be simpler?





Daily Puzzle

How to play:

Refresh for current date:






See USA map, click to specific area, no commercials



Traffic Live---

Real Time Traffic Information

You can save up to 20 different routes and check them out with one click,
or type in a new route to learn the traffic live




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

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

“Complaints” Bulletin Board (click here)

Connect with Leasing News

Top Stories

(chronological order)

- Seeking Confirmation: Direct Capital Sold to CIT?
- Leasing Association Membership Down
   by Christopher Menkin
- Report on NAELB Orlando Florida Conference
   by Dwight Galloway, CLP, RLC Funding
- China Leasing Summit June 18-20
- Marlin's CEO Blames Severe Winter for Temporary Impact
   Turns $4.6 Million Profit for 1st Quarter, 2014
- ELFA 26th Annual National Funding Conference
   By Bruce Kropschot, The Alta Group
- Funding Conference Photographs
- Lease Fleece Judge Verdict on Citibank Kingpin
- New CLP Designation---“Associate”
- Look for More Changes in Conducting Leasing
- ZRG Partners Reports Q1 20% Hiring Growth
- 5 Ways to Give Your Brain a Break Right Now
- Marlin Leasing Getting Back into Broker Business
- LEAF Financial Income Fund III Complaints
   10K Gives Numbers
- “A Great Time to be in the Equipment Leasing Industry”
- The Value of Leasing Beyond Accounting Changes
- Alexa Report—Monitor Daily & Lessor Jump Ratings
- Balboa Capital Loses Decisively
   to Put Regents Capital Out of Business Right Now!
- Alert: Dallin Hawkins is Back Again
    After His Fourth DUI Arrest
- Ascentium Capital Closes $200 Million Securitization
- Chesswood Record pretax earnings of $19.7 million
- Beyond the Detroit Municipal Bankruptcy Headlines
- Renasant Bank Will Consider Third Party Originations
- Balboa Capital Sues Regents Capital
   They Are After Salesmen Who Left
- Tax Proposal Talk Affects Leasing
   by Shawn Halladay, The Alta Group
- US Attorney Indicts EAR President Mark Anstett
   and Two Others for $100 Million Leasing Fraud
- The Controversy Today about Dun & Bradstreet
- Balboa Capital Salesmen Start Regents Capital
- Income Needed to Live in 25 Metropolitan Areas
- Plastic Credit Card Processing Industry on the Way Out?
- Ex-PNC Equipment Finance VP/Regional Manager Arrested
- Why Leasing News is Different
- Top Five Leasing Company Web Sites—
    in North America
Changes in Leasing Web Site Rankings
- Loan/Lease Regulations
- Why Leasing News is Different
- Take Your Banker to Lunch
- Look Out!!! --Two Evergreen/PRR Clause Lessors Merge
   Onset Financial/Mazuma Capital
- Changes in Technology Last 8 years
- Check Your Internet Speed Connection---Why
- Lease Police Tips on Judging Vendors
- Netiquette: Rules of Behavior For Email and the Internet
- Alert: Rudy Trebels Back Soliciting Broker Business
- Fugitive Banker Accused of Faking Own Death
 Found Alive, Now Arrested
- HL Leasing/John Otto--Update
- NorVergence- Year end, 2013
- BBB Leasing Company Ratings
- Site Inspection Services--updated
- Leasing Schools/Franchisors--updated
- Leasing Software Companies updated
- The Future of Digital: 2013
- DLL Leaves Lessor to Hang
re: Evergreen Clause
- Advice for Broker or Lessor
   Dealing with a Company that Uses Evergreen Clauses
- Balboa Capital Settles Mass Fax Class Action Case
- How to be an “Expert Witness” and Make Extra Income
- Muncipalities and Their Budgets
- Twelve Lawyers Against Evergreen Clause Abuse
- Wants to Go After Lessors and Their Attorneys
   Re: Evergreen Clause Abuses
- Sample of Usury Laws in United States
- Balboa Capital Class Action Case Settled--$5 million?
- Old Cowboy On His Horse
- Leasing Brokers: When May You Collect a Commission?
- Is Long Term Leasing Dead?
- Brican America Case Moves Ahead
- 5 Ways Women Are Better Bosses Than Men
- Balboa Capital, Irvine, California
   $20,543.22 Bulletin Board Complaint
   Alleged “Bait and Switch”
- Twitterverse--Are you a "Tweep" or "Twitterati"?
- Female Lease Finance Association Presidents
- Terry Winders, CLP, Custom Built Poker Tables
   ---Order One for Father’s Day
- Broker’s Responsibility to Obtain
    California Lender’s License
- The Day that Albert Einstein Feared May Have Finally Arrived
- Equipment Finance Agreements Explained/Barry S. Marks
- Chat Acronymns and Keyboard Smilies
- Royal Links "True Lease" Court Ruling
- "The Memory Shock" –New Book by Barry Reitman
- Third-IFC Credit Trustee, Northfield, Illinois
Bulletin Board Complaint
- Four Software Solutions
    re: Digital device/Laptop Lost or Stolen!
- Excellent Tips by Warren Buffet
- Meridian Finance Group Looking Brokers for Europe Biz
- Is Leasing Securitization Dead or Alive?
- Mazuma and Republic Bank Get Snared on PRR Provision
   by Tom McCurnin, Esq.
- Companies who utilize Evergreen Clauses for Extra Lease Payments
- Jeff Taylor's Leasing Predictions, Spring, 2006
- Radiance Capital, Tacoma, Washington
   Bulletin Board Complaint 
   Purchase Option on EFA, Won’t Return $5,000 S.D.
- New Case against Mazuma Capital and Republic Bank
  ---Automatic Evergreen Payment---PPR
- Republic Bank out of leasing?
Ladco Leasing/Elavon Fined $418,601
- Future of Mobile Devices
- Charles Schwartz and Allied Health
- Copier Wars---It's more than the lease payment
    by Christopher Menkin
- Leasing Gypsies
- OneSource Develops Business License Software
- Talk About Chutzpa, Fanghella has more than Trump
- Three Class Action Suits re: Brican America
- Verifying Tax Returns
- Special Report: Part I
   Could Church Kiosks, Royal Link Carts, NorVergence results been avoided?

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

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