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5 years experience with established vendor relationships. We offer great funding capacity for transactions $10k to $10MM. Quail Company's established for over 30 years. Submit resume to:

About the company: Quail Equipment Leasing 17 years in business with the ability to develop specialized programs for vendors and unique industries: $10K to $10MM.

Monday, 23, 2009

Singer, pianist, accordion player, and songwriter Bruce Randal Hornsby, November 23, 1954, Williamsburg, Virginia. 1987 Best New Artist Grammy: Bruce Hornsby and the Range; played over a hundred shows with the Grateful Dead, beginning in 1988 and continuing until Jerry Garcia's death in 1995; now touring as Hornsby and the Noisemakers.


Classified Ads---Senior Management
  “It is so slow…” Contest
Specialty Funding Exits Broker Marketplace
   Companies No longer taking 3d Party Originations
    Leasing News Top Stories-November 9-13
    Classified Ads---Help Wanted
      Story Credit Lessors
Leasing 102 by Mr. Terry Winders, CLP
   Equipment Values at Termination
Bank Beat—12th bank to fail in Florida
   Next to last chance --- Thanksgiving Help Wanted Ad
Clearwater, Florida-- Adopt-a-Pet
   California AG enters Church Kiosk Fray
News Briefs---
Community banks paying price for others
   Georgia Bank’s woes beyond money
BofA May Name Stopgap CEO
   India may get $1 billion in IT outsourcing
Caterpillar: Sales Fall 50%
   Manufacturing job plunge may be terminal
     American Music Awards
    You May have Missed---
     California Nuts Brief---
      Sports Briefs---
       "Gimme that Wine"
Today's Top Event in History
   This Day in American History
     Football Poem
        Daily Puzzle
    Weather, USA or specific area
        Traffic Live----

######## surrounding the article denotes it is a “press release”


Classified Ads---Senior Management

Senior Management

Philadelphia, PA
Executive that led vendor technology leasing start-ups for US Bancorp and Wells Fargo.
Hired and managed vendor teams in technology, office equipment, telecom and transportation.

25+ yrs exper. management roles Chase, AT&T Capital, Heller Financial, SFS. Develop biz from “scratch to success”. Looking for challenging & pioneering job.

Philadelphia, PA
27 yrs. exp. sales, ops., credit, strategy, P&L mngmet. Most recently created & executed the biz plans for 2 highly successful Bank-owned small ticket leasing subsidiaries.
Philadelphia Metro Area - 30 Years experience Healthcare sales/ management- 3 years experience newly create "small-ticket" healthcare division.
Good success - Mitch Utz

For a full listing of all “job wanted” ads, please go to:

Other e-Mail Posting Sites:





“It is so slow…” Contest

Readers from all aspects of the leasing industry keep telling how slow business is. In trying to bring some humor to the situation, Leasing News I started looking for a one line joke that Bob Hope, Jack E. Leonard, or Don Rickles might have, but could not find one.

The person with the best one line of “It is so slow…” will win a bottle of vintage Duckhorn Merlot or top box of South San Francisco See’s Chocolate.

The two runners up will receive a 2lb box, and the remaining seven, a 1lb pound box of South San Francisco See’s Chocolate.

All entrees will be published as sent and the winners will be announced
at the end of the contest.

Please send to:



Specialty Funding Exits Broker Marketplace

"Based on our banks new guidance line covenants we will no longer be accepting third party originations. We will still be funding our vendor and direct business with a limited footprint of the southwest region only.

“We hope this is a temporary situation and are working with additional bank sources along with our existing banks to resolve this issue."

Bob Underwood
Specialty Funding



Leasing Companies Out of Broker Business

These are companies who are either out of business who worked with independent equipment leasing brokers or no longer are doing business with independent equipment brokers within the last year. This is not a list of companies who do not do business with independent equipment brokers.

ACC Capital Corporation, Salt Lake City, Utah
(no longer "application only"-new $100,000 mininum)
Advantage Business Capital, Lake Oswego, Oregon
AEL Financial, Buffalo Grove, Illinois
*(No longer taking new broker business)
Balboa Capital, Irvine, Ca
Bankers Healthcare Group, Weston, FL.
C and J Leasing Corp, Des Moines, Iowa
Churchill Group/Churchill Leasing, Jericho, NY
CIT Group (limited)
Columbia Bank Leasing, Tacoma, WA
Concord Financial Services, Long Beach, California
Court Square, Malvern, Pennsylvania
Creative Capital Leasing Group, LLC, San Diego, CA
Direct Capital, Portsmouth, New Hampshire
Diversified Financial Service, Omaha, NE
Equipment Finance Partners, a division of Altec, located in
Birmingham, Alabama
Evans National Leasing, Inc., Hamburg, NY
Excel Financial Leasing, Lubbock Texas
First Corp.(IFC subsidiary), Morton Grove, Illinois
First Republic Bank, San Francisco, Ca
GE Capital, Conn (limited)
Global Funding LLC., Clearwater, FL
Greystone, Burlington, MA
Heritage Pacific Leasing, Fresno, CA
Hillcrest Bank Leasing, Overland Park, KS
Huntington Equipment Finance, Vendor Finance Group,
IFC Credit Corp., Morton Grove, Illinois
Bellevue, Washington
Irwin Financial (Irwin Union Bank), Columbus, Indiana
Irwin Union Bank, F.S.B. (Louisville, Kentucky)
Lakeland Bank, Montville, NJ
LaSalle Systems Leasing
LEAF Third Party Funding, Santa Barbara, Ca.
Lombard, part of Royal Bank of Scotland, worldwide
Marlin Leasing, Mount Laurel, NJ
Marquette Business Credit Inc., Minneapolis, Minnesota
M&T Credit (Bank)
MericapCredit, Lisle, Illinois
Merrill Lynch Financial
Mesa Leasing, San Diego, California
Midwest Leasing Group,Livonia, MI
National City, Cleveland, Ohio
Navigator (Pentech subsidiary) San Diego, California
OFC Capital, Roswell, Georgia
Pentech Financial, Campbell, CA
PFF Bancorp, Inc, Pomona, CA
Pinnacle Business Finance, Fife, Washington
Pioneer Capital Corporation, Addison, Texas
PredictiFund, a subsidiary of Capital Access Network, Inc
Popular Finance, St. Louis, Missouri
Radiance-Capital, Tacoma, WA
Rational Technology Solutions, Rolling Meadows, IL
Sandy Springs, Olney, MD
Sovereign Bank, Melville, New York
Specialty Funding, Albuquerque, NM
SunBridge Capital, Mission, Kansas
Suncoast Equipment Funding Corp., Tampa, Florida
TechLease, Morgan Hill, California
Textron Financial
Triad Leasing & Financial, Inc., Boise, Idaho
Union Capital Partners, Midvale, Utah
Velocity Financial Group, Rosemont, Illinois
VenCore, Portland, Oregon
Vision Capital,San Diego, California
Wachovia Bank Leasing
Washington Mutual Financial
Western Bank, Devils Lake, ND
Westover Financial, Inc., Santa Ana, California



Leasing News Top Stories-November 9-13

(1) Sheldon Player Caught w/$900,000 Cash in Duffle Bag

(2) You Won’t Believe Marlin's New Approval Form

(3) Another Funder cuts Employees: LEAF Specialty

(4) 2nd Alert---May reach $50 Million Fraud

(5) Excel Leasing CEO pleads guilty $50MM Ponzi Scheme

(6) LEAF Financial “Trigger Leads,” others calls

(7) Archives---November 18, 2003
Marlin IPO over Allotment

(8) Looking for information on Highline Capital

(9) Sales makes it Happen—by Scott Wheeler
Preparing for the Calm after the Storm

(10) EverBank (Tygris/NetBank) 197% gain in earnings



Classified Ads---Help Wanted

Envision Capital Group

Interviewing Leasing Professionals With Proven Track Record and Established Book of Business. Envision Provides: 1) Established Funding Sources, 2) Fun Working Environment, 3) Full Benefits (Health Insurance, 401k), 4) Aggressive Commission Structure.
Resumes To:, Contact: Jeff Edwards (949) 225-1712

Envision Capital Group is dedicated to providing the best in class products and service to our employees, customers, vendors and partners in the small and middle ticket commercial finance industry. With over 50 years of combined experience we have the knowledge, skills, abilities and relationships to help you reach your goals.

Seeking 2 Years + Experience, Vendor Focus Preferred
Well Established Funding Sources
Nearly 15 Years Reputation for Performance
Large Commission Structure
with the Right Book of Business

Confidential Interview: Sarah Weston
Resume:, (310) 895-7718

Interviewing Experienced Leasing Salespeople
With Ability to Develop Vendor Relationships
52 year old, Family- owned, Self Funded,
Small Ticket Company

Resumes to:

Vendor/Dealer Leasing Professional, generous commission's package that can lead to base salary and benefits. Join a sales team that has all the right sales tools for developing a successful vendor program in many different industries.

Chris Chiappetta, Phone: 800-669-7527 ext. 1208,

National Machine Tool Financial Corp., funding vendor
programs since 1986. We offer competitive rates and a
credit staff dedicated to vendor programs.

5 years experience with established vendor relationships. We offer great funding capacity for transactions $10k to $10MM. Quail Company's established for over 30 years. Submit resume to:

About the company: Quail Equipment Leasing 17 years in business with the ability to develop specialized programs for vendors and unique industries: $10K to $10MM.



Story Credit Lessors

These companies specialize in "C" and "D" credits, often new businesses, or businesses where the principal(s) have Beacon score around 600 or previous difficulties; meaning to become comfortable with the credit and financial situation you need to learn the "story" to make a positive decision, often requiring further security, shorter term, or additional guarantors. Many of these companies may also be a "B," but appear otherwise without the "story" to understand the full financial picture.

Also listed below the dollaramounts are companies that who are known for accepting "subprime leasing."

(To qualify for this list, he company must be a funder and not a "Broker/Lessor" or "Super Broker/Lessor", along with an acceptable Better Business Bureau Rating and no history of complaints at Leasing News. We reserve the right to not list a company who does not meet these qualifications.)

Alphabetical list - click on company name to view more details
ABCO Leasing, Inc.
Advantage Funding
Agility Solutions
Allegiant Partners Incorporated
American Leasefund, Inc.
Bankers Capital
Barrett Capital Corporation
Black Rock Capital
Blackstone Capital Partners
Boston Financial & Equity
Calfund, LLC
Cobra Capital LLC
Dolsen Leasing Company
Financial Pacific Leasing
Forum Financial Services, Inc.
Gonor Funding
National Machine Tool Financial
Pawnee Leasing Corporation
Standard Professional Services, LLC
TEAM Funding Solutions

Click on company name or go to full list:


(This ad is a “trade” for the writing of this column. Opinions
contained in the column are those of Mr. Terry Winders, CLP)





Leasing 102
by Mr. Terry Winders, CLP

Equipment Values at Termination

The termination of a lease and the equipment issues associated with that termination require as much if not more work as went into the commencement of the lease. There are four ways a termination can occur, a default, an early termination, an early buy out, and the end of the agreed upon term(s) of rent. Each requires careful consideration and knowledge of how the equipment value(s) will affect the required procedures. The equipments value is a function of its condition, location, and remaining useful life. However we are getting ahead of ourselves because to be prepared to terminate a lease we have had to establish it correctly in the first place.

Control of the assets placed in a lease portfolio is one of the most difficult tasks a leasing company has and one of the most important. In the beginning most leasing companies accept any type of equipment for lease if the Lessee has good credit. Then the impact of the equipment issues begins to show up as the portfolio matures. Losses will be higher and recoveries harder if you do not understand the equipment you are leasing. If you have to spend time on the credit then at least spend an equal amount of time on the equipment investigation. Just because it is a small transaction and you do not think you have the time to do equipment investigation, please look at your losses and ask if any could have been avoided with proper equipment information. Also knowledge about the equipment supports the end of the lease options and allows you to make good decisions instead of just reacting to the lessee’s request.

The business is called “equipment” leasing which points to the fact that we need to understand the asset we are leasing. If you investigate the equipment then you will know the value of the asset, when it is purchased, its value change over the term of the lease, and the residual value at termination after selling costs. Also what it represents to the lessee and the impact it has on the lessee’s business.

The impact of equipment decisions is as important on how to structure a lease as to how to properly terminate a lease. I have asked you many times in the past to evaluate the equipment you plan to lease and many have ignored this advice and now that we have so many defaults some of you may finally realize the value of knowing and properly describing the equipment you placed on lease. In addition including maintenance requirements, detailed return conditions and periodic equipment inspections would have reduced your losses.

When I talk to people about their loan losses or $1 out lease losses it is always the same. The collateral did not cover the loss and was worth far less than expected. Knowing the equipment or the value of the collateral is as important as the credit as we have seen this year. Please learn from the mistakes of the past!

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

He invites your questions and queries.

Previous #102 Columns:

(This ad is a “trade” for the writing of this column. Opinions
contained in the column are those of Mr. Terry Winders, CLP)



Bank Beat—12th bank to fail in Florida

The sole branch of Commerce Bank of Southwest Florida, Fort Myers, Florida, established September 14, 2005 became the 124th FDIC-insured institution to fail in the nation this year, and the twelfth in Florida. The FDIC entered into a purchase and assumption agreement with Central Bank, Stillwater, Minnesota, to assume all of the deposits.

It is reported the area where the bank is located, Fort Myers, has suffered in commercial real estate and the bank had too many of these loans that had failed, and are failing. There are hundreds of these small banks across the country in as much trouble as this one, which the FDIC says will cost the insurance fund $23.6 million, that means the money is lost, and doesn’t include the original investors and shareholders of the bank.

The Tier 1 risk-based capital ratio was 5.38%, below the 10% minimum and little hope of catching up or raising additional capital from investors. The bank had gone from 17 full time employees to 11 full time employers from June 30, 2008 to June 30,2009; $5.2 million to $3 million equity, a loss of $1.1 million the pervious time period to a loss of $2.26 million June 30, 2009. As of August 28, 2009, Commerce Bank of Southwest Florida had total assets of $79.7 million and total deposits of approximately $76.7 million. The FDIC and Central Bank entered into a loss-share transaction on approximately $61 million of Commerce Bank of Southwest Florida's assets. The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $23.6 million

List of Bank Failures:

Previous Bank Beat columns:






Clearwater, Florida-- Adopt-a-Pet

Animal ID 8479019
Species Dog
Breed Hound/Mix
Age 5 years 2 months
Sex Male
Size Large
Color White/Black
Declawed No
Intake Date 9/10/2009

This little rock star is Luke...He's a 5 year old hound mix, and is waiting to meet you today!

The Humane Society of Pinellas is located at:
3040 State Road 590
Clearwater, FL 33759
Phone: (727) 797-7722

We are located in Clearwater, near the northwest corner of McMullen Booth Road and State Road 590. State Road 590 is between Drew Street and Sunset Point Road.

Photo courtesy: Photography by Rebecca Brittain

This pet also is eligible for 30 days of pre-paid pet health insurance. For more information please visit or call 1-866-375-PETS.

Our organization offers 24PetWatch microchips, which include free registration into the 24PetWatch pet recovery service. For more information visit or call 1-866-597-2424

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

Adopt a Pet

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

California AG Launches Investigation into Scam Targeting African American Churches

(Ecclesia Christian Fellowship pastor Rev. Joshua Beckley
whose church was among the 30 defrauded in the Southland
says the kiosks were nothing more than a low-end monitor
and printer that rarely worked.
Photograph: Black Voice News, Riverside, California.)

Los Angeles - Attorney General Edmund G. Brown Jr. announced today that his office has launched an investigation into whether four individuals defrauded more than 30 African American churches in Southern California by forcing them to pay up to $45,000 for shoddy computer kiosks originally presented as cost-free. These individuals-Michael Morris; Willie Perkins; Tonya Wilson; and Wayne Wilson-are also suspected of targeting dozens of churches in at least ten other states.

Additionally, rown is investigating what role three national leasing companies-Balboa Capital Corporation; United Leasing Associates of America Ltd.; and Banc of America Leasing and Capital, LLC-may have played in facilitating this scam.

"These individuals sold the churches on the promise of free services and advertising revenues," said Brown. "Instead, the churches were enticed into expensive leases, which the leasing companies aggressively enforced, even after learning of the alleged scam.

Since 2000, Morris, Perkins, Wilson and Wilson have operated two companies-Urban Interfaith Network and Television Broadcasting Online-that peddled computer kiosks to African American churches throughout the country. In California, these individuals targeted neighborhood churches in Compton, Los Angeles, Long Beach, Moreno Valley, Murrieta, Pasadena, Perris, Pomona, Rialto, Riverside and San Bernardino.

These individuals purportedly pitched the kiosks to church leaders as cost-free, high-tech devices that could serve as electronic message boards, print retail coupons from local businesses and generate advertising revenue.

Once a church agreed to house a kiosk, the individuals presented it with a lease agreement from United Leasing Associates of America Ltd. or Balboa Capital Corp (who later sold some of its leases to Banc of America Leasing and Capital, LLC). The individuals repeatedly assured church leaders that Urban Interfaith Network, Television Broadcasting Online or other church-friendly corporate sponsors would cover all leasing costs.

Instead, churches were left with leases as high as $45,000 per year for what amounted to little more than desktop computers and printers housed in podium-sized wooden boxes. Many of the kiosks did not function.

Even after learning of the alleged scam, leasing companies continued to aggressively enforce the terms of the leases, filing lawsuits against churches to collect payment, interest and late fees. For example:

- Los Angeles-based Bryant Temple AME Church was sued by Balboa Capital Corp. to collect on a kiosk lease even after the church informed the company that it had been defrauded into signing the lease. For months, the church pooled funds together to pay down the lease and avoid the cost of litigation; however, it has recently decided to stop making payments to Balboa.

- Los Angeles-based True Way Missionary Baptist Church contends in its own lawsuit against United Leasing Associates of America, Ltd. that even after learning of the alleged scam, the leasing company collected payments on the lease by debiting the church's bank account without authorization. The lawsuit further contends that United obtained a default judgment in Wisconsin for over $30,000 for a kiosk that the leasing company knew was worth only $2,000.

- San Bernardino-based Ecclesia Christian Fellowship Church was sued by Balboa Capital Corp. and Banc of America Leasing and Capital, LLC to collect on two separate kiosk leases. The two leasing companies continue to aggressively pursue their lawsuits.

- San Bernardino-based New Hope Missionary Baptist Church was sued by Banc of America to collect payment on two leases it purchased from Balboa Leasing. The church filed a countersuit contending that Balboa, working with Urban Interfaith Network and Television Broadcasting Online, defrauded the church. Balboa's motion to dismiss the church's countersuit was overruled in court.

Brown has served investigative subpoenas on the three leasing companies: United Leasing Associates of America Ltd.; Balboa Capital Corporation; and Banc of America Leasing and Capital, LLC; and the two companies operated by Morris, Perkins, Wilson and Wilson: Urban Interfaith Network and Television Broadcasting Online.

Last month, Michigan Attorney General Mike Cox filed criminal charges against Morris and Perkins, including: one count of racketeering, one count of conspiracy to commit false pretenses over $20,000, four counts of false pretenses over $20,000 and four counts of fraudulently obtaining a signature.

(Previous articles on Church Kiosk)

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



News Briefs----

Community banks paying price for behemoths' missteps in financial crisis

Georgia Bank’s woes beyond money

BofA May Name Stopgap CEO If Board Needs More Time for Search

India may get $1 billion in IT outsourcing contracts: report

Caterpillar: Sales Fall 50% on Year in 3 Months to Oct

Manufacturing job plunge may be terminal,0,1480175.column

Taylor Swift, Jackson win American Music Awards



You May have Missed---

Ten hot toys for under $20




Sports Briefs----

49ers, Raiders and JFK assassination

This time around, Patriots make it no contest

Redskins can win for losing

Giants Win in Overtime to End Losing Streak at Four

Bears' outlook bleak after 24-20 loss to Eagles

Raiders rally past Bengals 20-17

Should Niners adjust to Smith's skill set?

Showdown? Broncos no match for Chargers

Adam Schefter of ESPN reports via Twitter that the Bills will meet this week with former Broncos HC Mike Shanahan. Won't be easy to get him, but they're going to make it tough to turn down.

College football title contenders have their special challenges

Title fits Johnson for NASCAR history

Real Salt Lake wins MLS Cup on penalty kicks



California Nuts Briefs---

Amid fee hikes, UC publicizes tax breaks



"Gimme that Wine"

More wine unsold during economic slump

Winemaker Releases Rolling Stones and Pink Floyd Varietals

Petite sirah gains admirers

Julie Prince reflects on three decades at Robert Mondavi Winery

Wine Spectator Top 100 Wines of 2009

Wine Prices by vintage
US/International Wine Events
Winery Atlas
Leasing News Wine & Spirits Page
The London International Vintners Exchange (Liv-ex) is an electronic exchange for fine wine.



Today's Top Event in History

1860— Abraham Lincoln had inherited not only a country divided, but in great financial difficulty. On this day, the Clearing House handed out its first loan, issuing $7.375 million worth of certificates to the nation's ailing banks. Abraham Lincoln was elected president on February 27 with a population of 31,443,321; 448,070 free blacks and 3,953,760 slaves. The Union was 33 states, 18 of them free and 15 slave. To top this off, the economy was not in very good shape and the banking of 1857 stretching into another decade and showing few signs of lifting. One of Lincoln’s moves to get the economy going was helping the ailing banks. By April 21, the next year, the Civil War would begin when Confederate forces at Charleston, SC, open fire on the federal garrison at Fort Sumter in Charleston harbor.


This Day in American History

   1718 - English pirate Edward Teach -- known as "Blackbeard" -- was captured off the Outer Banks of North Carolina near Ocracoke, taken to England and hanged.
    1749- birthday of Edward Rutledge, youngest signer of the Declaration of Independence, governor of South Carolina, born at Charleston, SC. Died there Jan 23,1800. Ironically he was against independence, but was a recognized leader at the first Continental Congress and was the deciding vote to have South Carolina join the Union.
   1785 - John Hancock was elected President of the Continental Congress for the second time.
   1800-Birthday of Edward Rutledge, singer of the Declaration of Independence, governor of South Carolina, born at Charleston, SC. Died there Jan 23, 1800.
    1804- birthday of Franklin Pierce, the fourteenth president of the US was born at Hillsboro, NH. Term of office: Mar 4,1853—Mar 3, 1857. Not nominated until the 49th ballot at the Democratic party convention in 1852, he was refused his party's nomination in 1856 for a second term. Pierce died at Concord, NH, Oct 8,1869.
( lower half of:
    1835- Henry Burdon of Troy, NY, received a patent for a horseshoe manufacturing machine. His machine produced a completed horseshoe from a rod of iron that was fed into it. It produced shoes more rapidly and uniformly than the rational method of hand production on a forge.
    1852-- Just past midnight, a sharp jolt causes Lake Merced to drop 30' (9m)
    1857-Birthday of Katharine Coman - U.S. economic historian, whose Industrial History of the United States (1905) was widely used as a textbook and her Economic Beginnings of the Far West (1912) was a major historical work. She researched her books by going into the field and interviewing personally as well as seeing things for herself. She was professor of political economy and history at Wellesley College where she lived with Katharine Lee Bates for many years.
    1859- Birthday of legendary outlaw of western US. Probably named Henry McCarty at birth (New York, NY), he was better known as William H. Bonney a.k.a. “Billy the Kid.”. He was a ruthless killer, a failure at everything legal, he escaped from jail at age 21 while under sentence of hanging. Recaptured at Stinking Springs, NM, and returned to jail, he again escaped, only to be shot through the heart by pursuing Lincoln County Sheriff Pat Garrett at Fort Sumner, NM, during the night of July 14,1881. His last words, answered by two shots, reportedly were “Who is there?”
     1860— Abraham Lincoln had inherited not only a country divided, but in great financial difficulty. On this day, the Clearing House handed out its first loan, issuing $7.375 million worth of certificates to the nation's ailing banks. Abraham Lincoln was elected president on February 27 with a population of 31,443,321; 448,070 free blacks and 3,953,760 slaves. The Union was 33 states, 18 of them free and 15 slave. To top this off, the economy was not in very good shape and the banking of 1857 stretching into another decade and showing few signs of lifting. One of Lincoln’s moves to get the economy going was helping the ailing banks. By April 21, the next year, the Civil War would begin when Confederate forces at Charleston, SC, open fire on the federal garrison at Fort Sumter in Charleston harbor.
    1863-The historic Battle of Chattanooga begins.
    1889- Louis Glas invented and this day installed a coin-operated phonograph player in the Palais Royale, San Francisco, Ca. There were many such machines made, generally called “coin graphs.” The first widely successful “jukebox” manufacture was the Rudolph Wurlitzer Company of North Tonawanda, NY. Its most popular model was made of curved plastic tubes containing a fluid with a low boiling point. Small heaters kept the fluid bubbling. Wurlitzer sold 56,246 of the Model 1015 in 1946 at $750 each. In reality, the juke boxes never became as widely distributed until the 1950's with the invention of the 45rpm record.
    1897-Jazz pianist Willie “ the Lion” Smith Birthday
    1897-- Eli Olds of Lansing, Michigan, is issued a U.S. patent for his "motor carriage," a gasoline-powered vehicle that he constructed the year before.
    1903-Birthday of 1903, one of the most popular U.S. singers from the 1920's through most of the 1940's, had more than 60 big hits. Best known today for her gangster connections because of the movie about her life Love Me or Leave Me, (
    1912- Trombonist Tyree Glenn born Corsicana, Texas.
    1914- Emmett Littleton Ashford, born at Los Angeles, CA, was the first black to officiate at a major league baseball game. Ashford began his pro career calling games in the minors in 1951 and went to the majors in 1966. He was noted for his flamboyant style when calling strikes and outs as well as for his dapper dress which included cuff-links with his uniform. He died Mar 1,1980, at Marina del Hey, CA.
    1925- birthday of composer Johnny Mandel.
    1936- The illustrated magazine “Life” debuted on this day.
    1938--~ Bob Hope and Shirley Ross recorded a song for the film, The Big Broadcast of 1938. Thanks for the Memory became Decca record number 2219. It also became Hope's theme song.
    1940-the first US Army general who rose from a draftee was Keith L. Ware, who was drafted on No­vember 23, 1940. He attended Officer's Candi­date School, Fort Benning, GA, and rose to commander of the 1st Infantry Division in Viet­nam, becoming brigadier general on November 28, 1967. He, his staff of three, and four heli­copter crewmen were killed on September 13, 1968, when his helicopter was shot down about 60 miles north of Saigon during the battle of Locmnh. He was the fourth general killed in the Vietnam War.
    1943-The US Second Marine Division took control of the Gilbert Islands after fierce fighting on the heavily fortified Tarawa Atoll in the 76-hour battle the Marines beat back a “death charge” in which the Japanese ran directly at the American guns. American troops sustained 3,500 killed and wounded. The Japanese suffered 5,000 killed and 17 wounded and captured. ( The Gilbert Islands are the westernmost of the Polynesians, midway between Australia and Hawaii and today are part of the nation of Kirbati.
    1943 - Randolph in Coos County, NH receives 56 inches of snow, a record for the state. Berlin received 55 inches and many other locations over 40 inches
     1944--SILK, EDWARD A. Medal of Honor
Rank and organization: First Lieutenant, U.S. Army, Company E, 398th Infantry, 100th Infantry Division. Place and date: Near St. Pravel, France, 23 November 1944. Entered service at: Johnstown, Pa. Born: 8 June 1916, Johnstown, Pa. G.O. No.: 97, 1 November 1945. citation. 1st Lt. Edward A. Silk commanded the weapons platoon of Company E, 398th Infantry, on 23 November 1944, when the end battalion was assigned the mission of seizing high ground overlooking Moyenmoutier France, prior to an attack on the city itself. His company jumped off in the lead at dawn and by noon had reached the edge of a woods in the vicinity of St. Pravel where scouts saw an enemy sentry standing guard before a farmhouse in a valley below. One squad, engaged in reconnoitering the area, was immediately pinned down by intense machinegun and automatic-weapons fire from within the house. Skillfully deploying his light machinegun section, 1st Lt. Silk answered enemy fire, but when 15 minutes had elapsed with no slackening of resistance, he decided to eliminate the strong point by a l-man attack. Running 100 yards across an open field to the shelter of a low stone wall directly in front of the farmhouse, he fired into the door and windows with his carbine; then, in full view of the enemy, vaulted the wall and dashed 50 yards through a hail of bullets to the left side of the house, where he hurled a grenade through a window, silencing a machinegun and killing 2 gunners. In attempting to move to the right side of the house he drew fire from a second machinegun emplaced in the woodshed. With magnificent courage he rushed this position in the face of direct fire and succeeded in neutralizing the weapon and killing the 2 gunners by throwing grenades into the structure. His supply of grenades was by now exhausted, but undaunted, he dashed back to the side of the farmhouse and began to throw rocks through a window, demanding the surrender of the remaining enemy. Twelve Germans, overcome by his relentless assault and confused by his unorthodox methods, gave up to the lone American. By his gallant willingness to assume the full burden of the attack and the intrepidity with which he carried out his extremely hazardous mission, 1st Lt. Silk enabled his battalion to continue its advance and seize its objective.
    1946---Top Hits
Rumors are Flying - Frank Sinatra
Ole Buttermilk Sky - The Kay Kyser Orchestra (vocal: Mike Douglas & The Campus Kids)
The Whole World is Singing My Song - The Les Brown Orchestra (vocal: Doris Day)
Divorce Me C.O.D. - Merle Travis
    1947- E. L. Sukenik of Jerusalem's Hebrew University first received word of the existence of the Dead Sea Scrolls. The documents, dating between 200 BC and AD 70, had been accidentally discovered the previous winter (1946_47) by two Bedouin shepherds in the vicinity of Qumran.
    1948 - Dr. Frank G. Back of New York City patented the Zoom lens, which was first used by NBC television in April of 1947. It was not mass produced until 1959 when it became very popular with usage on a 35mm camera.
    1952-Birthday of Francie Larrieu Smith - perhaps the greatest runner in U.S. history in a career that spanned four decades and 35 American records in distances from 1,000 meters to two miles. During an international career that lasted from 1969 until 1992, Larrieu Smith was on 28 national teams and won 21 national titles. She was a member of five Olympic teams, starting in 1972 when she ran the 1,500 meters. She also ran the 1500 at the 1976 Games and was a team member at the same distance in 1980.
    1954---Top Hits
I Need You Now - Eddie Fisher
Mr. Sandman - The Chordettes
Teach Me Tonight - The De Castro Sisters
More and More - Webb Pierce
    1962---Top Hits
Big Girls Don't Cry - The 4 Seasons
Return to Sender - Elvis Presley
Next Door to an Angel - Neil Sedaka
I've Been Everywhere - Hank Snow
    1963- "I'm Leaving it up to You" by Dale & Grace topped the charts and stayed there for 2 weeks.
    1963 –President John F. Kennedy, Jr.'s body lay in repose in East Room of White House.
    1963-First episode of “Dr. Who” premiered on British TV with William Hartnell as the first doctor. Traveling through time and space in the TARDIS (an acronym for Time and Relative Dimen­sions in Space), the doctor and his companions found themselves in mortal combat with creatures such as the Daleks. “Dr. Who” didn't air in the US until Sept 29, 1975.
    1964 --The US Supreme Court refuses to strike the phrase "under God," instituted in 1954, from the Pledge of Allegiance
    1966- Elvis Presley's 22nd film, "Spinout," premieres in Los Angeles. The movie is another box-office success and critical disaster for Elvis.
    1968- It's the end of an era: Rolling Stone reports San Francisco's Family Dog has lost its license to operate out of the Avalon Ballroom, site of the marathon dance concerts featuring the Grateful Dead, Jefferson Airplane, Moby Grape, Quicksilver Messenger Service and other psychedelic groups.
    1970---Top Hits
I Think I Love You - The Partridge Family
The Tears of a Clown - Smokey Robinson & The Miracles
Gypsy Woman - Brian Hyland
Fifteen Years Ago - Conway Twitty
    1974-- Billy Swan reached the #1 spot on the singles charts for the first and only time. I Can Help was the most popular song in the U.S. for two weeks.
    1975 -- Minnesota quarterback Fran Tarkenton becomes the NFL's all-time completions leader when he completes his 2,840th pass in the Vikings' 28-13 victory over San Diego.
    1978---Top Hits
MacArthur Park - Donna Summer
Double Vision - Foreigner
How Much I Feel - Ambrosia
Sleeping Single in a Double Bed - Barbara Mandrell
    1983 - a 24 hour snowfall record for Duluth, MN was broken with 16.9 inches. 19.7 inches fell during the entire storm, also a record
    1984- Quarterback Doug Flutie of Boston College (my cousin on my mother's side) passed for 472 yards and led the Eagles to a 47-45 upset of the Miami University Hurricanes. Flutie won the game with a desperation “Hail Mary” touchdown pass that end Gerald Phelan caught in the end zone.
    1986---Top Hits
Human - Human League
You Give Love a Bad Name - Bon Jovi
Word Up - Cameo
You're Still New to Me - Marie Osmond with Paul Davis
    1987 - Box office sales began for the spectacular musical, The Phantom of The Opera. Phantom took in a record-setting amount of $920,272 in seventeen hours. The incoming hit from London made a Broadway record in advance sales of over $12 million two months before its grand opening the following January.
    1988- Wayne Gretzky scores his 600th NHL goal
    1989 - Low pressure tracking across the Carolinas brought heavy rain to parts of the Southern Atlantic Coast Region for Thanksgiving Day, and blanketed the Middle Atlantic Coast States and southern New England with heavy snow. The storm produced up to nine inches of snow over Long Island NY, and up to 14 inches over Cape Cod MA, at Yarmouth. Totals of 4.7 inches at New York City and 6.0 inches at Newark NJ were records for Thanksgiving Day, the 8.0 inch total at Providence RI was a record for any given day in November, and the 6.5 inch total at Strasburg CT was a record for the month of November as a whole.
    1991- "When a Man Loves a Woman" by Michael Bolton topped the charts and stayed there for a week.
    1991 - La Crosse, WI set a new record for 24 hour snow with 13 inches. This storm brought the monthly total to 28.2 inches, also a record
    1992 - Early morning severe thunderstorms spawned two F3 tornadoes in North Carolina resulting in 2 deaths and 59 injuries. This was the last day of the three day outbreak in which 93 tornadoes touched down claiming 25 lives.
    1992 - Alta, UT was buried under 45 inches of snow in 24 hours to set an all-time 24 hour record for that location
    1994---Top Hits
I ll Make Love To You- Boyz II Men
Here Comes The Hotstepper (From "Ready To Wear")- Ini Kamoze
On Bended Knee- Boyz II Men
Another Night- Real McCoy
    1996--Actor Woody Harrelson and others clogged traffic for hours on the San Francisco Golden Gate Bridge in a protest on behalf of the Headwaters forest.
    2004 - An outbreak of severe thunerstorms produced reports of 54 tornadoes across portions of Texas, Louisiana, Arkansas and Alabama. In Texas's Hardin county, one person was killed with three injured when a tornado struck during the afternoon




Football Poem

In 1996: the Ravens, a team that formerly played in Cleveland, Ohio, moved into Baltimore's Memorial Stadium and began to play in the 1996 season. "This is a new beginning and a new era for us," the Baltimore Ravens owner Art Modell told fans at the team's naming ceremony.

The name Ravens was inspired by the poetry of the famous former Baltimore resident Edgar Allan Poe. Ravens can be taught to speak. Poe's raven is thought to have been inspired by the raven Grip in Barnaby Rudge by Charles Dickens. Dickens' bird has many words and comic turns, including the popping of a champagne cork, but Poe felt that Dickens did not make enough of the bird's dramatic qualities.

“Open here I flung the shutter, when, with many a flirt and flutter,
In there stepped a stately raven of the saintly days of yore;
Not the least obeisance made he; not a minute stopped or stayed he;
But, with mien of lord or lady, perched above my chamber door -
Perched upon a bust of Pallas just above my chamber door -
Perched, and sat, and nothing more.

“Then this ebony bird beguiling my sad fancy into smiling,
By the grave and stern decorum of the countenance it wore.
‘Though thy crest be shorn and shaven, thou,' I said, ‘art sure no craven,
Ghastly grim and ancient raven wandering from the Nightly shore -
Tell me what thy lordly name is on the Night's Plutonian shore!'
Quoth the Raven, ‘Nevermore.'"

The full 18 verse poem:




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(chronological order)

- Marlin Leasing and Evergreen Clauses
- Construction/ Printing Equipment Repo's Up, Trucking/Machine Tool Repo's Decline
- NACM Credit Manager Index "Good News"
- Advantage Funding hires two
- Marlin Cuts Expenses to Produce Profit
- Equipment Acquisition Resources -Busted!
- Evans Bank to Keep $36.2 million Leasing portfolio
- NACM Launches Web-based Tools Credit and Finance
- Bluestar Financial Group/Small Ticket Leasing
- President Obama SBA plan:
- Leasing "Flat" at TCF Financial
- You Can Eat an Elephant with a Spoon - But Not In One Sitting
- ELFA State of the Equipment Finance Industry
- Beige Report-"Weak or Declining Loan Demand"
- MicroFinancial 3rd Q $1.2MM YTD $2.9MM
- GATX Profit Falls 73%
- US Bancorp Leasing Biz Up and Down
- Bank CEO admits Key Equipment Finance shrinking?
Tygris "merges" with EverBank Financial
- by Christopher Menkin
- Lease Police Alert--New Jersey and Louisiana
From Bankers View, Clouds Lifting over California
- by Kevin Dobbs, SNL Financial
- Commerce National Returns TARP
- Friends of Lisette
- NorVergence BK Pre-Trial Date Set & What's New
- Direct Capital Exits Broker Marketplace
- Leasing News #1 in Alexa Report
- Why I became a CLP...
- CLP President in the News Again
- BBB: Rating Leasing Companies
- If you had Lease Police...
- Turmoil still exists at Puget Sound Leasing
- Direct Capital Down to 200
- TechLease, L.L.C., Morgan Hill, CA closes
- No Official Word on Macquarie Group buying Relational
- Top 11 metro areas (Where the business are)
- How to Build a Positive Credit Report
Bulletin Board Complaint
- Benchmark Financial Groups, Aliso Viejo, CA
Bulletin Board Complaint
- Benchmark Financial Groups, Aliso Viejo, CA
Confidence swells at US Bancorp
- by Kevin Dobbs, SNLi
- Irwin Bank Closed by FDIC
- IFC Credit Bankruptcy-Up-date
- Lombard Exits Broker Marketplace
The Age of the Super Broker
- by Christopher Menkin
- HL Leasing/Gordon Roberts Bizzare Twist
- Credit Availability Still Slowing Expansion & Leasing
- OfC Capital, Roswell, GA Exits Leasing
- Triad Leasing & Financial, Boise, files BK
- LeasePolice.Com/Vision Commerce Alliance
- CHG-MERIDIAN purchases El Camino Resources
- Gallo's Form Blue Bridge Financial, LLC.
- Churchill Group/Churchill Leasing Closed
- MericapCredit closing down
- How to handle Vendor Points
- The $40,000 Church Kiosk
- Operation Lease Fleece: Up-Date
- CMC Mastercrook Ron Fisher in Jail
- Top 25 Most Influential People Leasing Industry-Final
- Settlement Costs Vs. Litigation Costs
- Stress Relief
- California License Web Addresses
Lease/Loan State License Requirements