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Credit Analyst: Seeking an energetic and organized Credit Analyst. At least one to two years of experience as a Credit Analyst in financial services (banking, insurance, leasing, or mortgage) is required.

Funding Manager: Seeking a very organized, detail oriented Funding Manager. Minimum two years experience in brokering and discounting commercial equipment transactions is required.

Operations Manager: Seeking an experienced Operations Manager with knowledge of all sides of operations. Must have a minimum of five years related experience.

Send email or fax to Ryan Johnson, Corporate Recruiter.
Email careers@fivepointcapital.com
Fax: (888) 462-4305
Website: www.fivepointcapital.com


We are ready to hear from you and field any leasing questions that you may have.
Five Point Capital
10525 Vista Sorrento Pkwy
San Diego, CA 92121

 

 

Thursday, August 19, 2004

 

Headlines---

 

    Classified Ads---Contract Administrator

        National Lease Funding Source Showcase

            First Golden Moment for U.S. Fencers

                Cartoon---Ethics

                    Letters---We get eMail

    Classified Ads---Help Wanted

        U.S. Housing Starts—July—Bounce Back

            Dog Days of Summer May Be Numbered

                News Briefs---

    Sports Briefs---

        California News Briefs---

            "Gimme that Wine"

                This Day in American History

                    Baseball Poem

 

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

 

-------------------------------------------------------------------------------

 

Classified Ads---Contract Administrator

 

Los Angeles, CA

Documentation Manager; 25+ years experience; strong documentation skills; solid reputation for submitting complete funding packages consistently resulting in same day fundings; will consider reasonable commute.

Email: sgrigs@netzero.net

 

New York, NY.

10+ years in equipment leasing/secured lending. Skilled in management & training, documentation, policy and procedure development & implementation, portfolio reporting. Strong work ethic.

Email: dln1031@nyc.rr.com

 

Portland, OR.

6+ years small ticket leasing/financing. Documentation/funding

Policy development &implementation, management &training, process mapping, customer service, broker, vendor, portfolio experience.

Email: susanc777@hotmail.com

  

 

full list located at: http://64.125.68.90/LeasingNews/JobPostings.htm

[headlines]

 

-----------------------------------------------------------------------

 

National Lease Funding Source Showcase

August 25-26 | Ritz-Carlton | Atlanta, GA

 

Unprecedented industry consolidation combined with increasing interest rates, makes access to surviving national and regional equipment lease funding sources and their current buy/sell investment strategies more important than ever. This is where the deals are made!

 

 

 Canceled (Fully Paid) Attendee Registration Available

                      (We Don't Like Empty Seats !)

http://www.lessors.com/Events-2004/Fall/register-attendee-free.html

[headlines]

 

--------------------------------------------------------------------------

 

First Golden Moment for U.S. Fencers

 

 

Mariel Zagunis of Beaverton, Oregon, right, during her semifinal victory over Catalina Gheorgitoaia of Romania in saber.

 

Zagunis, a student at Notre Dame, was not supposed to compete in the Olympics. Sada Jacobson and her sister Emily had secured the two American spots. Then the Nigerian Olympic committee decided not to send its entrant, Jacqueline Esimaje.

 

Normally her place would have gone to the highest rated fencer from the same continent. Africa had no ranking fencers, so the governing body of international fencing awarded the place to the highest ranked saber fencer not yet qualified for the Games: Zagunis, who was fourth in the world this year.

 

Saber rewards an aggressive, slashing style, and Zagunis made her intention to seize control clear from the moment the four women were introduced before the semifinals. She was the third woman called onto the piste, and as she took her place in the line she nearly stood on Tan, forcing her to move.

 

Against Gheorgitoaia in the semifinal, Zagunis lost the first point, then reeled off 6 straight.

 

"The Romanian starts slowly; I made sure I started quicker," Zagunis said.

 

She led by 9-2 and 12-7 before Gheorgitoaia began to creep back. But when Gheorgitoaia cut the gap to 13-10, Zagunis lunged out of the en garde position to win the next point with her first thrust. At 14-10, she did the same thing to finish the match.

 

The final followed the same pattern.

 

"I knew going in that Tan has a very strong attack," Zagunis said. "I have a very strong attack as well, and part of the mental aspect of fencing is to take opponents' strengths and turn them into weaknesses.''

 

Zagunis leaped to a 9-2 lead. After Tan won 4 straight points, Zagunis reasserted her control to move to 14-7, then closed out the match.

 

"I hope that this helps propel fencing to the next level of popularity in America," Zagunis said.

 

After her teammates stripped the sword from her hand, they propelled her quite high in the converted aircraft hangar that is the site for fencing. Unaided, she had reached higher than any American fencer in Olympic history.

[headlines]

 

    ----------------------------------------------------------------------------

 

[headlines]

----------------------------------------------------------------

 

Letters---We get eMail

 

 

“I'm sorry I didn't get back to you last night.  I am waiting to get the stamped filed copy of the complaint which was filed in court back from the lawyers service.  My co-counsel had it filed on Monday and, unfortunately, he left town the same day for a vacation and will be back Friday.  I am expecting to get it back in today's mail and will email a copy to you .  The leasing companies we have named thus far are:

 

“POPULAR LEASING USA, INC.

PARTNERS EQUITY CAPITAL COMPANY, LLC,

INTERCHANGE FINANCIAL SERVICES CORPORATION,

GENERAL ELECTRIC CAPITAL CORPORATION,

CIT TECHNOLOGY FINANCING SERVICES, INC.,

NORV CAPITAL,

DE LAGE LANDEN FINANCIAL SERVICES, INC.,

ABB BUSINESS FINANCE,

ABB STRUCTURED FINANCE (AMERICAS), INC.,

OFC CAPITAL,

ALFA FINANCIAL CORPORATION,

IFC CREDIT CORPORATION,

STUDEBAKER WORTHINGTON LEASING CO.

 

“As soon as I get the stamped filed copy of the complaint, I will send it to you.”

 

GARY S. GRAIFMAN

Kantrowitz Goldhamer & Graifman, P.C.

747 Chestnut Ridge Road

Chestnut Ridge, NY 10977

845-356-2570

 

   Copy of Complaint:

http://www.leasingnews.org/PDF/Norvergence%20Class%20Action%20Complaint.pdf

 

----

 

“A moment of your time if I may. Since you have been around for 33 yrs (approx.) , you have seen some trends in leasing. I want to find out (briefly) what leasing was like 15-20 yrs ago up to mid 90's. I suspect there were a few banks offering leasing and some lease companies working with bank loans (credit facilities) doing leases. In the late 90's, I do not recall too many banks acting as funders. If memory serves, most of the lessors were large lease cos. that had money from bank lines , insurance companies, private equity, etc. This apparently dried up and only a few lessors were left. Now local banks are rolling out lease programs for end users and brokers. Is this how it was back in the 70's & 80's?

“In your opinion, do you think the next few years leasing one will see banks offering leasing and accepting some broker business? This appears to be the trend. This compiled with many lease companies going direct should mean lower rates for end-users and less commissions for brokers. Am I correct? I cannot see how superbrokers are needed in this environment.”

 

  Eric

 

(You answered your own question.  In the 1970's there were very few lessors and almost no brokers. In the 1980's there were a lot of lessors and some brokers. They  were quite divided.  They gradually were accepted as members to leasing associations and a good source of business.  Toward the end of this decade, more leasing
companies started relying on brokers instead of their own salesmen. In the 90's, it was like the roaring twenties, the birth of securitization, many, many lessors and leasing companies discounting, dealing with brokers, a broker association really grew, application only began over $10,000 and then up to $150,000 and the economy was going great until 2000, and perhaps the y2k, the world economy and economic growth of China, South America, to name a few,  more than a change in political office, brought a recession and leasing companies business fell off, they could not make the cash flow, starting doing
desperate things, and began blaming it on the brokers.

 

Having personally used “community banks” for over twenty-five years as a recourse and non-recourse funding source, it really is up to the sophistication and willingness of “representations and warranty” to form a relationship with a “community” or any bank.  Banks have always been accessible for the right net worth and credit of the borrower, whether recourse or non-recourse.  The key is the “cost of money.”  If you can buy money on a non-recourse basis cheaper than recourse, then the only other requirement is “they approve all the credit” and do you want the risk to “approve the credit?”  Also do you want to build a staff or use a “service” for the privilege of creating more sales.

 

With all the schools now in existence wanting to create more brokers, they have to start somewhere, I think super brokers will be around for quite some time as often the distinction of this occupation is a “fine line.”  They key to staying in any retail or wholesale business is “margins.”  As a Dun & Bradstreet course I took in the early 1970’s informed us, credit was an adjustment to how much profit and what loss you were willing to take to increase your margins.

 

editor)

 

--

  Alliance Funding Group/CapitalWerks-PreferredLease

 

“Mark and Jim have lost their credibility in the

industry and Brij is catching up fast. Again, as a friend, you are

losing credibility and come across as being naïve when you print things

like this from today's edition---

 

" ‘As to Brij Patel, Jim Raeder, Mark McQuitty, they are

leaders in the leasing industry, writing many leases;

very smart individuals.  Every issue, every complaint,

everything brought to them by Leasing News,  they have handled

themselves, looked into themselves, not sloughed it off or did not care, but took action.  There are other presidents of leasing companies who get personally involved, too, as they want to get to the bottom of the complaint.’

 

“I have been in the trenches with these guys and they

foster cheating, lying and doing what is necessary to make a buck

without consideration of who it hurts You. see what

they want you to see and they put on their white hats to impress you,

but the black hats fits them better.

 

“You have a tough job trying to be fair, but the bad guys have

deceived you and your trust.”

 

  (Name With Held)

 

( I can only go by my personal experience with them.  In every

complaint, they have gotten involved personally to get to

the bottom. In most of the cases, they start out defending

their salesman or what has happened, but take care of

business.  In the last one, CapitalWerks funded a $140,000

lease, taking more than a month longer that the applicant

wanted, but there were extenuating circumstances, on

the applicant’s part,  but the fact is, the lease happened and the customer was satisfied. I would also say these comments are

from their competitors, who lose deals to them every day,

and perhaps exaggerate or make up stories. If they were

that “bad,” they would have been out of business a long

time ago.  As important, I have seen copies of what others are saying about Alliance Funding and CapitalWerks, and from two companies on our Complaint Bulletin Board!  ( a reader sent me a copy he received.)

Mark McQuitty is one of the most brilliant people I have met in the leasing industry in 33 years.  Jim Raeder is tough, smart, and you would rather be on his side than against him.  Brij Patel has built

a company that is beating his competitors and people are simply

jealous. If that makes me naive, then that’s what I am.

The precept of this country is that in a court of law you are innocent

until proven guilty in a judicial process.  While I am not defending

them as being “innocent,” they certainly are only guilty of being

aggressive and successful, until proven otherwise. Editor. )

 

 

“My opinion Kit is that some individual salespersons are too aggressive and may have promised more than they can deliver based on a clean solid credit bureau for new businesses and on a marginal bureau for established but troubled credits. They must know enough to price themselves under what the prevailing rates are generally for a given credit situation but it may not be the policy of the whole company to mislead.

 

 “Caution is the best thing and document any "Approvals" or pre approvals with actual documents not proposals with a fee required to obtain their terms. Also always ask if they are a member of any ORGANIZATION in the industry. If someone's terms seem
substantially different from another company's terms offered there should be a flag in their mind to at lease bounce those terms off of 3-4 other similar brokers or leasing providers before proceeding. I cannot imagine sending several thousand dollars to anyone I have not checked out pretty thoroughly.”

 

  ( name with held )

 

(In our experience, many of these companies have been turned

down before, realize they may have some credit or “cash flow”

problems, or have what is known as a “beer budget” with a

“Champagne appetite” and want to believe what they hear

as they need the equipment to make a living or turn a profit,

so they “take a chance.”  In the New York Times article,

Equipment Leasing Association President Mike Fleming

said it best:  ---- "There is no substitute for doing your homework and learning the terminology and common practices.'' He also recommended  http://www.chooseleasing.org/ )

 

--

 

“I have run into Alliance at least 3 times where they have promised something that seemed too good to be true and in all but one of the 3 instances I advised the lessee, who was also potentially a client of mine, not to send any money at all until they could see actual documents, not proposals. This nipped in the bud the false claims and the lessee's never heard from Alliance Funding again on that matter. One lessee had sent a check and immediately stopped payment on the check and was successful in preventing it from being cashed.

 

“Please keep my name or e-mail address off the record Kit. This is a chat not a spat.”

 

  (Name With Held)

 

-- 

 

 

“Memo to the company's tossing mud at both AFG, Inc and Preferred Lease, If you don't have the nerve to at least print your name, than keep quiet until you will.  I have worked for both company's and have nothing but respect for both owners.  Both company's work extremely hard on doing clean business and police deals as closely as they can.  As much as company's feel were both scumbags in the industry, its easy to point a finger at another rather than yourself.  All of the company's who claim they do honest business, don't keep checks or any other of the not me BS are complete liars.  They're are plenty of ethical people and company's in our business and there are those who choose otherwise.  But don't stand on your high horse and claim one thing when you know damn well your not. 

 

“Remember Mike Cingari...?  His new company Crosswater Capital located in South Orange County is up and going.  While at MSM he ripped off 1.3 million in deposits and over 250k from his employee's and we don't see articles warning people of this guy's new company, especially in the NY Times.  Hell if anyone should be rotting in a jail cell its him.  Not only is this bad journalism on the part of leasing news and the Times, but its irresponsible.  Research should be done on the industry as a whole, rather than a witch hunt on two company's who have never been convicted or charged with wrong doing.  If people want to crusade to clean up the industry, you should start by cleaning your own closet first.” 

 

Mark Bloom

bloomer310@yahoo.com

 

( Leasing News has written several times about Mike Cingari and his new company. And others.  We also get “thank you’s” from people who have discovered Leasing News before they started to do business with these “new” companies or companies that are posted on our Bulletin Board Complaint..  He obviously has an “axe to grind” with his former associate or employer, as you may personally also possess.  It happens. Editor.)

 

--- 

 

“Ethics, in this business or any other, is largely a personal decision.  I used to think that, as an industry or through our affiliations with associations, that we could somehow "force" ethics upon other members of our industry.  I realized how wrong I was about that.  As a business person you either have ethics or you don't.  If you are competing against people who don't have good business ethics then shame on you if you can't turn that against the competitor and into a positive for you.  Instead of whining about how unethical your competitors are, use your ethics and good character to uncloak these characters and beat them on the street. 

 

 

“Lastly, it never ceases to amaze me that funding sources know that these practices take place yet continue to preach about representations, warranties and ethics.  The biggest and most respected names in the business are always associated with the worst players. As a prime example, look at this list of lenders that were lined up to get a piece of the Norvergence business.  I can’t be the only one in this industry that is still amazed by this even if I have become numb to it after all these years.”

 

 

Bob Rodi, CLP

President

LeaseNOW, Inc.

drlease@leasenow.com

www.leasenow.com

1-800-321-LEASE (5327) x101

 

----

 

 

“In your recent articles regarding NorVergence, Bob Fine's name is mentioned along with his role as President of the EAEL.  It should be noted that the Eastern Association of Equipment Lessors is in no way associated or affiliated with NorVergence.

”The EAEL is a trade association with over 160 members consisting of leasing companies, attorneys, bank lessors and other companies serving the leasing industry. It's purpose is to provide networking opportunities, education, business development opportunities, professional standards and advocacy for its members.

”Although Bob has been an active member of the association for many years serving the organization in capacities ranging from hosting networking events to working on the membership drives, his tenure as president of the association lasted only about a year. He resigned in July of this year. The association accepted his resignation and has since replaced him.

”It is only fair to the members of the association that references to Bob's involvement at NorVergence be separated from his voluntary service to EAEL.”

Thanks.

George Parker
Leasing Technologies International, Inc.

Wilton, Conn

gaplti@hotmail.com

 

(The press release from EAEL was printed here, mentioned in several

times in subsequent stories.  The main point is the list serves and communication from NorVergence customers continue to point to Fine as he was in charge of securing funding, "assignees." They claim he used his position as president to further the NorVergence cause.  In the many talks with him, he refuted to Leasing News what readers were telling us.  He held this position not only as an officer

of NorVergence, plus president of the financing company. The NorVergence customers  believe the leasing companies were "all in bed." They believe Fine conspired, knew about the service agreements, about the valueless equipment,  his friends and leasing contacts all knew, and in all communication they point to his relationship as head of a leasing association. editor)

 

 

 

--- 

 

“Inflexion is a company located in Detroit MI that is attempting to

replicate the NorV model.  They present their offer as primarily a

hardware lease (from 75% hardware -- 25% soft costs, to 90%

hardware -- 10% soft costs)

 

“I was the ***** MVP, left the company ***** after *** months, we

were not a match.  I was one of the lucky ones.

 

“I have just started receiving calls from NorV customers who are

being approached by Inflexion and considering their offer (can you

imagine??!!)

 

“It is my understanding that Inflexion has hired a whole bunch of

sales personnel from NorV and is looking to open 12 markets.”

 

  (name with held )

 

--

 

“You should be so proud of Dash and his service to our country.  I want you to know that we are too!!  Next time you send him an E-mail, please let him know that Bob and Cindy in Wayne, PA thank him for his service and all he is doing to help keep our Marines safe and the role he is playing in the rebuilding and democratization of Iraq.”

 

Cindy

 

Cynthia W. Spurdle

Executive Director

CLP Foundation

PH: 610/687-0213

FAX: 610/687-4111

E-mail: cindy@clpfoundation.org

www.clpfoundation.org

 

(Thank you. I am very proud of him; however, as a father, I don’t like

his volunteering as he is the “smallest” of the boarding party,

which means they like him to go down the ladders of the ship

into the holes of the ship, into compartments, lead

the landing party,  and he thinks it is a privilege to do this.

Two Navy men were killed in June doing this. I like it when he works on the electricity as he is not only educated for this by the Navy, but has practical experience before joining, so they like to call

on him for problems. He likes the deep sea diving, too.

He always likes the action better, he says. I like it

better when he stays out of harm’s way. His father.)

[headlines]

 

 

Classified Ads---Help Wanted

 

Credit-Funding-Operations

Credit Analyst: Seeking an energetic and organized Credit Analyst. At least one to two years of experience as a Credit Analyst in financial services (banking, insurance, leasing, or mortgage) is required.

Funding Manager: Seeking a very organized, detail oriented Funding Manager. Minimum two years experience in brokering and discounting commercial equipment transactions is required.

Operations Manager: Seeking an experienced Operations Manager with knowledge of all sides of operations. Must have a minimum of five years related experience.

Send email or fax to Ryan Johnson, Corporate Recruiter.
Email careers@fivepointcapital.com
Fax: (888) 462-4305
Website: www.fivepointcapital.com


We are ready to hear from you and field any leasing questions that you may have.
Five Point Capital
10525 Vista Sorrento Pkwy
San Diego, CA 92121

 



Credit: Seeking an energetic, enthusiastic sales oriented credit analyst & packaging specialist at our Irvine CA., headquarters. This key position is responsible for credit analysis, transaction packaging and placement of equipment leases on a discounted, brokered or assigned basis to Pacifica's established lender alliances.
Email: russ@pacifica-capital.com

 

Controller / Vendor Sales Specialist/ Entry Level Accountant


Controller:
Broker/Lessor looking for CFO/Controller w/ a solid accounting background. Exp. working in Leasing industry a must. LeasePlus knowledge a plus.

Vendor Sales Specialist: Experienced in developing relationships & vendor programs. Will need to establish/head our new vendor division. Must be knowledgable in all aspects of leasing from the broker lessor perspective.

Entry Level Accountant: Entry level position, accounting background req., leasing exp. a plus, must be organized individual w/ strong work ethic.

Please E-mail resume to: elang@nationwidefunding.com

About the Company: Nationwide Funding, Irvine, CA. With its prime location in Southern California and offices in Chicago's downtown financial district, Nationwide Funding, LLC has been able to secure specialized credit facilities and create funding partnerships with a wide variety of financial institutions. This diversity allows Nationwide Funding, LLC to be a complete funding partner for your business.

 

Equipment Finance Sales Executive



Equip. Finance Sales Exec. Grand Rapids, MI. Generate lease originations, call on individual lessees, branch associates, business bankers and commercial bankers, plus create third party vendor programs. Click here for a full job description and/or
to apply for the position.


About the Company: Huntington Bancshares Incorporated is a $31 billion regional bank holding company headquartered in Columbus, Ohio.

www.huntington.com

 

Senior Contract Specialist


Senior Contract Specialist, Los Angeles. Bachelor's Degree plus five years of leasing contract experience required.
Full description: here.
Email resume with salary history to sgreen@bankofthewest.com
Website: www.bankofthewest.com

 

[headlines]

-----------------------------------------------------------------------------------------------------------

 

 

U.S. Housing Starts—July—Bounce Back

 

 

 

   (Please read this economist report as they have been traditionally right on the money. editor)

 

Housing starts bounced back in July, increasing 8.3% to 1.978 million (SAAR).   Both single family and multi family were up with single family up 8.5% to 1.65 million (SAAR).   Regionally, there was strength in all regions, ranging from 4.3% in the South and MW to 15.8% in the NE and West.   Permits, an indicator of future activity, were up 5.7%.  

 

 

 

Analysis and outlook:  Housing bounced back in July, spurred by a pull-back in mortgage rates as the 30 year fixed rate dipped below 6%.  In addition, builders are offering more incentives to keep the market moving forward – some are offering mortgage rates one quarter percentage point below market; others are offering to lock in today’s low rates for a house that may not be bought for up to 6 months; while others are offering to pay as much as 2% of a loans total amount to cover buyer’s closing costs.  Housing fundamentals remain solid –  retail inflation (CPI) actually fell in July; consumer confidence/sentiment continues to improve; industrial production bounced back in July as capacity utilization is back above 77%; builder confidence is buoyant (NAHB index); employment activity has worsened a bit in the past two months, but is still much better than  12 months ago.    

 

Looking forward, there is still some concern by analysts that the economy may be slowing a bit – the FED doesn’t think so however.  The main concern continues to be terrorism and its impact on economic activity.  The vehicle of course is oil prices, and its impact on consumer spending which accounts for two thirds of the U.S. economy.  The world economy is starting to slow also, particularly countries that rely heavily on oil imports – South Korea, Japan and SE Asia including China; and Europe to a lesser extent.   Again oil is the Achilles heel, so if oil prices subside, we should be OK, but if prices rise above $50/barrel (and stay there for awhile), we could have problems as consumer spending would be affected.

 

Threats:   A recent poll of 172 members of the National Association of Business Economists found 40% of respondents said terrorism was the largest short term threat to the economy, more than double the 19% who said so six months ago.  The ballooning U.S. deficit (that is inflationary) was identified as the biggest concern by 23% of respondents while inflation was cited by 9% as the top threat.   Most respondents expect the FED to continue to raise rates through year end and through next year as they felt that monetary policy is too loose.

 

 

Summary: Overall, housing fundamentals still look good, although rising mortgage rates and material costs are pushing some fist time buyers out of the market however soaring construction costs and mortgage rates are not denting the luxury home market according to some construction firms. According to John Ruble, president of the Home Builders Association of Mississippi, “those hurt most by affordability concerns are working class and 1st time home buyers while luxury home buyers – wealthy retirees, high income professionals and investors that see real estate as a safer return than Wall Street”. In addition to rising mortgage rates, material shortages (cement for concrete, gypsum, some wood products, and steel – all blamed on China) are pushing up the cost of building new homes by as much as 10% according to some estimates.  There is some indication that remodeling activity is slowing in response to rising rates.  Remodeling expenditures are more discretionary, hence most analysts expect such expenditure will continue to pull back some as rates trend upward. 

 

US HOUSING STARTS
MILLIONS - SEASONALLY  ADJUSTED  ANNUAL  RATE (SAAR)
       
 
July
June
% CHANGE
   
Revised
 
U.S. TOTALS:
STARTS
1.978
1.826
8.3%
PERMITS
2.055
1.945
5.7%
SINGLE FAMILY
STARTS
1.651
1.522
8.5%
PERMITS
1.569
1.546
1.5%
MULTI FAMILY
STARTS
0.327
0.304
7.6%
PERMITS
0.486
0.399
21.8%
STARTS AND PERMITS
BY REGION:
NORTHEAST
STARTS
0.192
0.166
15.7%
PERMITS
0.193
0.197
-2.0%
MIDWEST
0.336
0.322
4.3%
STARTS
0.359
0.339
5.9%
PERMITS
SOUTH
STARTS
0.901
0.864
4.3%
PERMITS
0.954
0.902
5.8%
WEST
STARTS
0.549
0.474
15.8%
PERMITS
0.549
0.507
8.3%
 
+

 

Courtesy of:

Carl Villella, CLP
President
Acceptance Leasing and Financing Service, Inc.
Airport Corporate Centre
894 Beaver Grade Rd.,  Suite 304
Moon Township, Pa. 15108
412-262-3225 Phone
412-262-1154 Fax
CVillella@acceptlease.com

[headlines]

 

------------------------------------------------------------------------------------------------- 

 

Dog Days of Summer May Be Numbered

 

   ABSnet

 

Demand for new issues had dipped a bit early this week, as investors digested the Fed's prediction that the U.S. economy will keep improving despite recent indications that the recovery might be faltering.

 

The resulting lull in trading didn't last long, since the higher interest rates were already built into the prices of most securitized products. "It looks like [interest] rates are going to rise, but very gradually," said Jeff Salmon, Barclays Capital's asset-backed research chief. "It's not the rapid rate increase that people had worried about at the beginning of the year."

 

Emboldened by that knowledge - and an increasing confidence in the ability of American consumers to pay back their securitized loans - investors remain comfortable dumping large amounts of cash into the asset-backed market. That means spreads are likely to remain extremely tight for at least a few more weeks.

 

However, it's possible that spreads on certain types of bonds could widen late this month. In most years, new-deal activity drops off in August. But this time around, investors hope issuers will seek to beat the rush that usually follows in September by flooding the market just before Labor Day.

 

That's exactly what happened last year, especially among issuers of bonds backed by various mortgage products. They included Lehman Brothers, GMAC's Residential Funding Corp., Countrywide Home Loans, Wells Fargo, Banc of America and Bear Stearns, according to Asset-Backed Alert's ABS Database.

 

If such a surge occurs this month, spreads could finally widen from the extremely tight levels where they have been hovering for several months. That would be good news for investors, some of whom have had to seek larger returns by purchasing lower-rated securities than usual.

 

"Home-equity issuance continues to take front and center stage. That will continue to be the main driver," of securitization volume for the near future, Barclays' Salmon said.

[headlines]

 

----------------------------------------------------------------------------------------------------------

 

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News Briefs---

 

Oil charges to new high above $47 a barrel

http://www.signonsandiego.com/news/business/20040818-1358-oilprices.html

 

Rising Cost of Health Benefits Cited as Factor in Slump of Jobs

http://www.nytimes.com/2004/08/19/business/19care.html?hp

 

Google IPO raises $1.2 billion, $85 a share

http://sfgate.com/cgi-bin/article.cgi?f=/c/a/2004/08/19/GOOGLE.TMP

 

Elmer Bernstein, Film Composer, Dead at 82 (one of the greats!)

http://www.nytimes.com/aponline/arts/AP-Obit-Bernstein.html

 

Records Contradict Kerry Critic's Charges – Report

http://www.nytimes.com/reuters/politics/politics-campaign-kerry-critic.html

[headlines] 

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Sports Briefs----

 

Yankees Glimpse October, and It's Not Pretty

http://www.nytimes.com/2004/08/19/sports/baseball/19yanks.html

 

U.S. breathes easier as late goal ties Jamaica

http://www.usatoday.com/sports/soccer/national/2004-08-18-us-jamaica_x.htm

 

Earthquakes may be sold this week

http://www.mercurynews.com/mld/mercurynews/sports/
soccer/9430185.htm?ERIGHTS=7484227

154127118105mercurynews::kitmenkin@leasingnews.org&KRD_RM=8oppqqu
twvrusqvxuqpooooooo|Kit|N

 

[headlines]

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California Nuts Briefs---

 

Tribe reaches deal for giant San Pablo casino

Schwarzenegger OKs Pomo Indian plan for nation's third-largest gambling palace

 

Governor on bridge costs: pay up and shut up

http://sfgate.com/cgi-bin/article.cgi?f=/c/a/2004/08/18/BAG5589TOM1.DTL

 

Blizzard of late bills will put Schwarzenegger to the test

Decisions will help define his administration

http://sfgate.com/cgi-bin/article.cgi?f=/c/a/2004/08/18/MNG7E87MA681.DTL

[headlines] 

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“Gimme that Wine”

 

Vintners party with first grapes in Lampoc, California

http://www.lompocrecord.com/articles/2004/08/17/news/news06.txt

 

Wine Events Calendar

http://www.wineevents-calendar.com/index.lasso

[headlines] 

---------------------------------------------------------------------------- 

 

This Day in  American History

 

    1099- The armies of the First Crusade defeated the Saracens at the Battle of Ascalon (an historic Palestinian city on the Mediterranean), one month after they had captured Jerusalem. As they did in the Holy City, they killed all “non-believers,” including men, women, and children.

    1791-African-American Benjamin Banneker published his first Almanac.

http://www-groups.dcs.st-and.ac.uk/~history/Mathematicians/Banneker.html

    1812- Lucy Brewer, alias George Baker and Louisa Baker, concealed her sex and served on board the Constitution as a US Marine in its battle with the Guerriere.   She thus became the first woman to serve as a US Marine.  This also was considered by historians to be the most important Naval action of the war that took place in the Atlantic Ocean about 750 miles east of Boston.  The American loss was 14 killed or wounded; the British, 79 killed or wounded and Congress awarded $50,000 to Captain Isaac Hull and his crew for the victory over the Guerriere.

    1814-The British land in Maryland to invade Washington, DC.

http://memory.loc.gov/ammem/today/aug19.html

    1814- Mary Ellen "Mammy" Pleasant birthday - Afro-American activist.  She is often called the mother of black civil rights in California. Much of her life is clouded in legend which says that she freed slaves who were being held illegally in free California.   She worked to win the rights at African Americans to have their testimony accepted in court (1863) and helped to end discrimination on California streetcars with Pleasant v North Beach and Mission Railroad Company (January 1868).   Her civil rights actions are part of the black folklore of California in which some claim she worked as a stop on the underground railway before moving to California while others say she helped financed John Brown's raid on Harper's Ferry.

http://www.kn.pacbell.com/wired/BHM/mepleasant.html

http://www.sfmuseum.org/hist10/mammy.html

http://sunsite.berkeley.edu/ImageFinder/Bancroft/z024.html

http://www.shapingsf.org/ezine/afamerican/mpleasant.html

http://www.mepleasant.com/story2.html

http://www.press.uillinois.edu/f02/hudson.html

http://www.amazon.com/exec/obidos/ASIN/0912238046/fast-bkasin-20/103-5362656-4423850

    1846 -Gen Stephen W Kearney's US forces captures Santa Fe, NM

http://bchs.kearney.net/BTales_197901.htm

1871-Birthday of Orville Wright, aviation pioneer, born at Dayton, OH, and died there

January 30, 1948. There has been controversy as to who launched the first air plane flight in the United States, but he certainly is the one he made flying famous.

    1871- Florine Stettheimer birthday - U.S. artist.   After failing to sell a single painting in her first showing, she never offered for sale a single painting in her lifetime although in her maturity, her work was sought after.  At her death, her sister Ettie mounted a memorial show at the Museum of Modern Art that received rave reviews and Columbia University established a room for her work.   Her refusal to sell was backed by a substantial fortune which she shared with her two sisters. At an early age, the three sisters decided they would never marry (forming what has been called a "cult of virginity" and do creative things. One sister became a novelist under the name "Henrie Waste."   The sisters were described by contemporaries as having "exquisite taste." They opened the memorable Stettheimer gallery which drew many of the top artists of the day.   The sisters themselves were works of art as they dressed in old-fashioned Bohemian styles.  

http://www.hollistaggart.com/Exhibitions/BakerPisano2002/Stettheimer.html

http://www.diamondial.org/cgi-local/DiaImage.cgi?acc=51.12

http://www.americanart.si.edu/journal/v14n1/whitingabstract.html

http://www.annasuibeauty.com/site/genius_florine_stettheimer.htm

http://www.artcyclopedia.com/artists/stettheimer_florine.html

http://www.amazon.com/exec/obidos/external-search/103-5362656-4423850?tag

=fast-bkasin00-20&keyword=Florine%20Stettheimer&mode=books

    1873- Mt Whitney, the second highest peak in the US, was con­quered for the first time by a trio of American climbers, Charles D. Begole, A.H. Johnson and John Lucas.

http://www.tsha.utexas.edu/handbook/online/articles/view/DD/fduqk.html

http://www.americasroof.com/ca.html

http://www.nps.gov/seki/whitney.htm

    1883-Birthday of 1883, Coco Gabrielle Chanel - French dress designer.

   Coco Chanel was the preeminent Parisian haute couture and premier arbitrator of western women's fashions for almost six decades.   Coco Chanel almost single-handed changed women's wardrobes from works of architectural wonders to clothes that allow a woman to move.   Her clothes were first designed for working girls, but soon wealthy women flocked to her small shop to find the clothes that freed them from the abusive corsets.    Chanel, for the first time in history, presented women with clothing that fit a woman's body and did not force a woman to fit her designs. She was also one of the first women to make it big in the women's fashion industry.   She presented bobbed hair, trench coats, jersey dresses, sweaters, bell-bottom slacks/trousers as well as the classic straight-line skirt as knee length with a boxy jacket that allowed freedom of motion.   She retired in 1939 but came back in 1954 when Dior and others started a "romantic" fashion that threatened to return women's clothing to the turn of the century. She raised hems, introduced the chemise dress, the classic Chanel suit look we know today as a simple boxed jacket with a straight skirt with enough room to walk and climb, and, of course, the staple in every wardrobe, "the little black dress."   In 1922 she developed a fragrance that is still one of the most highly sold fragrances in the world: Chanel #5.   She was orphaned a age six. Her early years are obscure but there were no wealthy men behind her when she opened a small millinery shop in Paris in 1913 and within a very short time, her comfortable clothing had made her the rage of post World War I Paris. At her height, she employed 3,500!   She was described by Vogue as "a revolutionist, a non-conformist, a lone rebel who let women out of the prison of tight corsets. She led women to cut their hair in the 1920's, raise hemlines, stripped away trimmings and feathers, and produced a simplicity that freed women."   Coco Chanel said in a 1954 interview, "There are too many men in this business and they don't know how to make clothes for women. All this fantastic pinching and puffing. How can a woman wear a dress that's cut so she can't lift up her arm to pick up a telephone?" One of the most influential of women’s clothing in America.

    1886 -The Christian Union was founded by Baptist clergyman Richard G. Spurling (1858-1935) in Monroe County, Tennessee. In 1923, this Pentecostal denomination changed its name to the Church of God. Headquartered today in Cleveland, Tennessee, its current membership is nearly 500,000.

http://earth.vol.com/~lmartin/EARLYDOC.HTM

    1893- Frank J. Wisner, owner of Cripple Creek Brewing, served the first “Black Cow” root beer float in Cripple Creek, CO. Inspired by the moon-lit view of the snow-capped Cow Mountain which reminded him of vanilla ice cream floating on top of the pitch-black mountain, he added a scoop of ice cream to his Myers Avenue Red root beer and began serving it as the “Black Cow Mountain Ice Cream Root Beer Float.” Kids loved it and short­ened the name to “Black Cow.” Cripple Creek Brewing, now located in Warrenville, IL, celebrating its 107th anniversary, sells beverages based on the original formulas, including Myers Avenue Red root beer.lbartl64lS@aol.com. Web: www.cripplecreekbrewing.com

    1896---In the Klondike region of the Yukon, at Bonanza Creek (formerly known as Rabbit Creek), George Washington Carmack discovered gold August 16 or 17 ( it is considered the 16 as an anniversary date in Canada ). During the following year more than 30,000 people joined the gold rush to the area. Anniversary is celebrated as a holiday ( Discovery Day) in the Yukon, on nearest Monday.

    1902-Birthday of Ogden Nash, American writer, best remembered for his humorous verse. http://canada.gc.ca/canadiana/cdaind_e.html Born at Rye, NY, died May 19, 1971. “ Undeniably brash/Was young Ogden Nash/ Whose notable verse/Was admirably terse/ And written with panache.”

http://www.aenet.org/poems/ognash1.htm

    1905-Birthday of drummer Tommy Benford, Charleston, WV. Died March 24,1994

http://www.musicweb.uk.net/encyclopaedia/b/B352.HTM

    1906-Birthday of trombone player/guitarist/arranger Eddie Durham, San Marcos, TX Died

 March 6, 1967

http://www.tsha.utexas.edu/handbook/online/articles/view/DD/fduqk.html

http://www.umkc.edu/orgs/kcjazz/jazzfolk/durhe_00.htm

http://www.craftone.co.jp/solo_flight/guitarist/durham,e/discography.html

    1907-Birthday of sax player Joe Rushton, Evanston, IL.

http://www.artistdirect.com/music/artist/bio/0,,487951,00.html?artist=Joe+Rushton

    1909 -- First edition of The Little Red Songbook published.

http://www.bloomington.in.us/~mitch/iww/lrs.html

    1912- Jimmie Shields, one of the most popular Irish tenors in Canada during the 1930's, was born in St. Catharines, Ontario. Shields rose to further fame in the US from 1937 to 1941 when he appeared with the orchestras of Eddie Duchin and Morton Gould. He also appeared on several leading radio shows, and in 1939 had his own weekly program on NBC, "Enna-Jettick Melodies." Shields was a regular performer on the CBC from 1948 until his retirement in 1964.
    1913-Birthday of Harry Mills, leader singer of the famed Mills Brothers, Piqua, OH

    1915- the Boston Braves opened their new ballpark, Braves Field, with a 3—1 victory over the St. Louis Cardinals. The Braves called this park home through the 1952 season.

    1915-Birthday of famed writer Ring Lardner, Jr., son of fabled baseball writer and humorist Ring Lardner.  Lardner, Jr., was an Academy Award winning screenwriter ( Oscar for Woman of the Year; M*A*S*H) and he also wrote for television.  He was a member of the Hollywood Ten, a group of film industry executives sent to federal prison in 1950 for their refusal to tell the House Un-American Activities Committee if they were members of the Communist Party. He served nine months, and was blacklisted for many years. Died at New York, NY. Oct 31,2000.

    1918—Pianist Jimmy Rowles birthday

http://www.lajazzsociety.org/LAJS/Programs/Tribute/Past/Jimmy%20Rowles.htm

    1921-Birthday of Gene Roddenberry, the creator of the popular TV series “Star Trek”. Gene Roddenberry was born at El Paso, TX.  Turning from his first career as an airline pilot to writing, he created one of the most successful TV science fiction series ever.  The original series, which ended its run in 1969, lives on in reruns, and the “ Star Trek: The Next Generation.”  Star Trek Deep Space Nine” and “ Star Trek: Voyager” series have continuing popularity. Eight films also have been spawned from the original concept.  Roddenberry died October 24,     1991 at Santa Monica, Ca.

    1921- At the age of 34, Ty Cobb becomes the youngest player to reach 3000 hits when he singles of off Red Sox hurler Elmer Myers.

    1927-Henry and Edsel Ford drove the fifteen millionth Model T off the assembly line at the Highland Park plant in Michigan, officially ending Model T production. Production in England ended on August 19; in Ireland on December 31. After revolutionizing the automobile market, sales of the Model T had started to falter due to its failure to keep up with the competition. Total world Model T production: 15,458,781.

    1928- Canadian pop singer Norman Brooks was born in Montreal. He is best known for singing in the style of Al Jolson. Brooks played Jolson in the 1956 film "The Best Things in Life Are Free," and also starred in "The Magic of Jolson" on Broadway in 1975. His 1953 recording of "Hello Sunshine" was a substantial hit.

    1934- Roberto Walker Clemente, Baseball Hall of Fame outfielder born at Carolina, Puerto Rico. Clemente, one of the game’s best and most exciting outfielders, played his entire career with the Pittsburgh Pirates, lead­ing them to a World Series in 1971 and collecting 3,000 hits. While on a mission of mercy to deliver supplies to victims of a Nicaraguan earthquake, he perished in a plane crash. Inducted into the Hall of Fame in 1973 after the mandatory 5-year waiting period was waived. Died at San Juan, Puerto Rico, Dec 31, 1972.

    1942- First offensive action in the Guadalcanal where J.F.Junkin, Army air pilot, shoots down a German flown aircraft ( allies of the Japanese ) in the Solomon Islands, after Carlson’s Raiders, a special guerrilla unit led by Lt. Col. Evans Fordyce Carlson, landed on Makin Island,at the northern end of the Gilbert Islands, with orders to destroy the radio station on the island.In 40 hours, every Japanese member of a force of 350 was killed, 1000 gallons of gasoline were setaflame, and the island was rendered militarily useless.

    1943- singer Billy J. Kramer, whose real name is William Ashton, was born in Bootle, England. It was Beatles' manager Brian Epstein who brought Kramer together with a Manchester band, the Dakotas, and introduced them to the songs of John Lennon and Paul McCartney. Billy J. Kramer and the Dakotas had their first hit in 1963 with Lennon and McCartney's "Do You Want to Know a Secret." Kramer's other chart records included "Little Children" and "Trains and Boats and Planes." Kramer and the Dakotas parted company in 1966, with Kramer turning to performing in small English clubs.

    1946- William Jefferson Clinton, The 42nd US President (1993—2001), born at Hope, AR. Re-elected     to a second term in1996; left in disgrace due to lying and having an affair with one of his young interns; however, remained popular with those who forgave him. His autobiography was read by over a million people. Accordingly, he appointed more women to important government posts than all the presidents in history combined.  There is no controversy that he liked women.

    1946-Woody Herman Band, directed by Igor Stravinsky, records his” Ebony Concerto, “ Los Angeles.

    1946-Nat King Cole records “ For Sentimental Reasons,” Capital 304.

    1950-ABC-TV airs the first children’s shows.

( bottom of: http://memory.loc.gov/ammem/today/aug19.html  )

    1954---Top Hits

Sh-Boom - The Crewcuts

The Little Shoemaker - The Gaylords

Hey There - Rosemary Clooney

I Don’t Hurt Anymore - Hank Snow

    1954-Ralph J. Bunche, diplomat and first Black winner of Nobel Peace Prize,

named undersecretary of the United Nations.

    1957-New York Giants vote to move their franchise to San Francisco in 1958.

    1958-The production of the elegant Packard line came to a halt on this day. Studebaker-Packard attributed the decision to lagging luxury car sales, but many Packard fans were disgruntled by the decision, which came shortly after Packard’s acquisition of Studebaker. Many wondered why Packard, with its reputation for high-quality cars and knowledgeable management, would buy the debt-ridden Studebaker Company. Studebaker management assumed the company reins after the merger, not Packard.  It was common to call the new car a “stupid-baker.”

    1962---Top Hits

Breaking Up is Hard to Do - Neil Sedaka

The Loco-Motion - Little Eva

You Don’t Know Me - Ray Charles

Wolverton Mountain - Claude King

    1962- Homer Blancos plays the finest round in golf, shooting a 55.

    1963-National Association of the Advancement of Colored People Youth Council

begins sit-ins at lunch counters in Oklahoma City, Oklahoma.

    1964- The Beatles opened their first US tour at the Cow Palace in San Francisco. Others to cross the stage include Jackie DeShannon and the Righteous Brothers.

    1967-The Beatles' "All You Need Is Love" hits #1 the pop charts. On the same day, Ringo Starr and his wife Maureen have a baby boy named Jason.

    1969-Trumpeter Miles Davis began recording sessions in New York for what would eventually become the ground-breaking jazz-rock fusion album "Br*tches Brew." Among the musicians taking part were Chick Corea, Wayne Shorter and Joe Zawinul. There were no rehearsals and Davis gave the musicians only minimal directions.

    1969 - 'Never say die' Camille let loose a cloudburst in Virginia resulting in flash floods and landslides which killed 151 persons and cause 140 million dollars damage. Massies Hill VA received 27 inches of rain

    1970---Top Hits

(They Long to Be) Close to You - Carpenters

Make It with You - Bread

Spill the Wine - Eric Burdon & War

Don’t Keep Me Hangin’ On - Sonny James

    1972 - NBC-TV presented "The Midnight Special" for the first time. John Denver was the host for the first show. Wolfman Jack was the show’s announcer. "The Midnight Special" proved to be a ratings success.

    1976-The Republican National Convention nominates President Gerald Ford for reelection in a narrow victory over former governor Ronald Reagan of California.  Senator Robert J. Dole of Kansas was nominated for the vice-presidency. November 2 James Earl “Jimmy” Carter, Jr. was elected president of the United States with Walter F. Mondale as vice-president. Electoral vote was 297 to Ford’s 240. The popular vote was Carter, 40,828,929, Ford, 39,149,940.  The Democrats kept a 61-38 Senate Majority and House majority of 292-143. The first thing he did after being sworn in office was to issue a presidential pardon to the nation’s Vietnam draft resisters. He found problems with his own party controlled congress with a major setback regarding financial dealings of Bert Lance, director of the Office Management and budget, plus one of Carter’s closest supports. Vernon Jordan of the National Urban League charged the administration with not doing enough to reduce unemployment among blacks, inflation plague the economy and the most serious problem he had was the continuing hostage crisis. November 4, 1980 Ronald Reagan received 489 electoral votes to Carter’s 49, and the popular vote was Reagan 42,797,153; Carter 34,434,100; John Anderson, independent candidate, 5,533,927.  The Republicans picked up 12 senate seats for a 53-46 majority, with one independent seat.  In the House, the Democrats lost 33 seats but kept a majority of 242-192, with one seat going to an independent.

    1977- Fleetwood Mac's reunion album "The Dance" is released. The disc was taken from two shows that were recorded live at a Warner Brothers soundstage a few months earlier.

    1978---Top Hits

Three Times a Lady - Commodores

Grease - Frankie Valli

Miss You - The Rolling Stones

Talking in Your Sleep - Crystal Gayle

    1978-Alicia Bridges enters the soul chart with "I Love the Nightlife." Though the single will only reach as high as #31 in its seventeen weeks on the chart, the song's title will become a disco-era catch-phrase.

    1980- Christopher Cross comes from nowhere and has one of the biggest hits of the year off his debut album which goes platinum on this date. He has three top fifteen hits, including the Number One, "Sailing." He will take home five Grammys in February

1984 Lee Trevino wins the PGA

http://igolf.golfonline.com/profiles/profile.dbm?golfer_id=1240

    1986---Top Hits

Papa Don’t Preach - Madonna

Higher Love - Steve Winwood

Venus - Bananarama

Your the Last Thing I Needed Tonight - John Schneider

    1986 - The temperature at San Antonio, TX, soared to an all-time record high of 108 degrees

    1987 - It was on this day that consumer reporter David Horowitz was held at gunpoint on camera. During a KNBC-TV newscast in Burbank, CA, Horowitz was forced to read the assailant’s rambling note. The news director took the program off the air until police could get the gunman off the set. Horowitz was unharmed.

http://www.cspc.org/founders/horowitz.htm

    1988 - Raleigh, NC, reported a record hot temperature reading of 103 degrees. Afternoon thunderstorms in Oklahoma produced wind gusts to 75 mph in southern Pittsburgh County. Thunderstorms in Indiana produced 4.50 inches of rain at Morgantown

    1990- White Sox Bobby Thigpen records his 40th save as the Chicago White Sox beat the Rangers, 4-2. He becomes the only eighth reliever to reach this milestone in major league history.

    1991 - Hurricane Bob was located 30-35 miles east of Cape Hatteras NC, and was at its peak intensity of 115 mph. Damage from Bob was estimated at $1.5 billion, making it the 15th most costly hurricane in U.S. History. A total of 18 people died in the storm: six in Connecticut, three in both New York and Maine, two in both Nova Scotia and New Hampshire, and one in both North and South Carolina.

    1992 -When Mariner second baseman Bret Boone, the grandson of Ray Boone (1948-60) and son of Bob Boone (1972-90) makes a start against the Orioles, he becomes part of the first three-generation family to play in the major leagues.

    1992-- IBM and Sears, Roebuck & Co. announce they are working together to create a voice-and-data network service called "Advantis." The two companies had already been working together since the mid-1980s to create the online service Prodigy. With their entry into Internet provider services, the companies expected to generate at least $1 billion a year in revenue.

[headlines]

 

 

 

Baseball Poem

 

 

 

Rainbow Slugger

 

               by Tim Peeler

 

The people that "love" you

Whip your butt raw,

Drop you head first

Into a locked-closet weekend.

You will grow up

To play mailbox baseball,

You will apply the geometry of your schooling,

See the flat plane,

The simple dimension of your swing,

A hand flies at the face of your dream,

Your home plate points toward hell,

The extended angles climb

Toward the misty heights of a rainbow.

The rainbow on the side of a mailbox

Explodes in chips of pastel paint

As you connect so perfectly,

A cannon blast against a siren

Against the black hide of the night.   

 

 

  (with permission of the author from his book:

    “Touching All the Bases”

          Poems from Baseball

             available from Amazon

                     or direct from the publisher at: www.mcfarlandpub.com

 

 

 

 

  “In the family pictures,

          my brother stands at the plate

  forever waiting on a pitch,

        my dad squats hy the dugout fence,

  his chin resting on his hands;

   somewhere beyond the eye or the camera,

    I hold a huge scarlet plum behind my back,

 left leg kicked high in a pitching motion,

    as near to the spirit or the game

  as I'd ever be.”

 

Tim Peeler celebrates with candor and wit both the overlooked and the standout as he merges the topics of personal and baseball rediscovery. The poet reconsiders events and people from his adolescence, offering the reader new takes on old memories, gracefully relating the foibles of family and friends, and cataloging the heroic feats and tragic flaws of players he watched, read about — or merely imagined.

 

English lecturer, journal editor, essayist and poet, TlM PEELER lives in Hickory, North Carolina. He is a winner of the Jim Harrison Award for his contributions to baseball poetry.

 

[headlines] 

 

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