Wednesday, February 14, 2007

Headlines---

Note: Accounting/Tax Chart from TechLease
    Classified Ads---Sales
        In memory of Harold Robert McAfee
    Cartoon---Advice
Ice Storm hits Midwest/Northeast Leasing Companies
    One World Leasing up-date by Ira Romoff
        Sales makes it Happen---by Linda P. Kester
        “Slow Down”
    Cartoon---Dog to psychiatrist
Classified Ads—Help Wanted
    Benchmarking the Winners Web Seminar
        Spring Leasing Conference up-date
    Get the Basics of Municipal Leasing-Tomorrow
Tom Mitchell joins SFBI Professional Recruiting
    Funding Event Testing Free Exhibitor Registration
        Bentsen named chair Susan G. Komen for the Cure
    Valerie Borg named VP Key Equipment Canada
Barrett Hicken named VP Biz. Dev. WebBank
    News Briefs---
        You May have Missed---
    Sports Briefs---
"Gimme that Wine"
    Restaurant Review: Le Papillon, SJ, CA
        Calendar Events
Snapple Real Facts
    Today's Top Event in History
        This Day in American History
Winter Poem- The Passionate Shepherd to His Love
    SuDoku
        Daily Puzzle

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

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Note: Accounting/Tax Chart from TechLease

Several readers thought the “chart” too small. We tried to tweak it, but thought it best to also provide a link where the chart will open larger. We corrected this on line, but depending on the time you viewed the article, you may not have seen the improvement.
(Please see link at bottom of the chart:)

http://www.leasingnews.org/archives/February%202007/02-12-07.htm#tech

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Classified Ads---Sales

Sales: Bakersfield, CA I have an extensive sales and management background in equipment leasing. My work history exhibits my major strength in small ticket equipment leasing. Email: pangress@msn.com	Sales: Boston, MA Middle market originator, construction/Trucks / Trailers w/ 8 years in territory, looking for company / bank with competitive products Email: mrichlease@comcast.net
Sales: Compenhagen, Denmark 10 years of experience as VP Europe, Middle East and Africa for a US based Equipment Leasing Company. $500,000 plus w/ excellent connections European shipping lines/ maritime financing. Click here .	Sales: Dallas, TX 17 years of experience in vendor sales. Solid book of business. Can hit the sales ground running in Dallas/Ft. Worth. Can Start ASAP E-mail: whomadewho12@yahoo.com
Sales: Denver CO Experienced Equipment Leasing Broker looking for a in house leasing company. Can bring a book of business with me or develop new territory where needed. Email: Steven@eagle2.net	Sales: Detroit MI Motivated self-starter w/5 yrs sales exp. IT leasing. Excellent communicator w/strong negotiation/biz dev. skills. Six-sigma certified w/ Fortune 50 company/book of business. Email: playmakers1@sbcglobal.net
Sales: East Central FL 20+ years experience in all areas of leasing; sales, credit, operations, syndication. Currently independent seeking position with direct middle market lender in regional capacity email: southernleasing@bellsouth.net	Sales: Fresno CA Account Exec/Manager. 7+ years Leasing Sales: underwriting/contract, complex transactions, hi-tech, government, direct & vendor leasing. Captive & syndicator environments. Expert deal closer. Will send resume. Email: dsp559@pacbell.net Resume
Sales: Greensboro, NC Seeking direct & broker sales w/major finance companies in NC or southeast market. Small to mid-ticket range. Stable &family oriented. Will have series 6,63,65 license shortly. Email: kc1492@aol.com	Sales: Henderson, NV Formally trained in Credit, Collections, & Sales with regional bank. Seeking sales or sales management. Over ten years in SM, vendor and end user. Email: mjrprime@yahoo.com
Sales: Kansas City, MO 20 years Senior Sales/Management experience in small ticket/government leasing. Program Management experience, managing 12 Reps. Credit Auth to $50K. Success in soliciting and maintaining accounts. Email: dhundley1@kc.rr.com	Sales: Los Angeles CA 5 years experience structuring off-balance sheet finance solutions on computer and medical equipment. Perform detailed competitive analysis and market research. I uncover leads and sell. email: barretthawk@hotmail.com
Sales: Midsouth, TX Lease Veteran-25+ years, heavy Vendor experience looking for new opportunity in MidSouth/SE. Experience in leasing to major accounts in high- tech/computers/Golf/transportation. Email: LeaseVeteran@sbcglobal.net	Sales: Mission Viejo, CA Account Sales Executive with 10 years of leasing experience looking for company to bring existing customer base. Email: makelly21@hotmail.com
Sales: Montgomery, AL Individual with 10 years advertising sales exp. & 7 years insurance sales exp. Wants independent contractor situation in Alabama. Work with leasing company or broker.334-281-5200 E-mail: billmcneal2003@yahoo.com	Sales: Nashua, NH 10+ years sales experience small & mid-ticket hi-tech & telecom in a captive and vendor environment. Seeking new sales opportunity in New England. E-mail: RPepa@aol.com
Sales: Newport Beach, CA Direct sales rep. in the middle market w/22 years experience  various types of equipment. Leasing/ financing from medical equip. to mfg. equip.. Strong closer. E-mail: pauldriscoll1@lycos.com	Sales: North Carolina, Central 7 yrs.equip leasing &finance; specialist in heavy construction equip for 2-top-5-specialty finance/lease companies, NC &VA territories. $10-15MM annual funding. Downsized in 2002, now independent broker with varied customer base. Email: sunriseleasing@aol.com
Sales: Philadelphia , PA Seeking an open opportunity to advance in the automotive, commercial leasing & finance industry......... Email: alexe362002@yahoo.com	Sales: Philadelphia, PA 25 years in Healthcare and seeking an opportunity to represent a lender for dental/medical funding in the Northeast to Mid-Atlantic states. email: mitutz@msn.com
Sales: Portland, OR. "Exp. In direct sales and sales mgmt. I love Portland, but decent here jobs are few. Willing to be re-located, would like to work for you. Email: pthygeson@netscape.net	Sales: Prairie Village, KS Have substantial deal flow and database of broker referral sources. Generated and closed over $22M LY. Seeking exclusive relationship w/direct founder. Email: fiergl@aol.com
Sales: Currently employed Vendor Program “Hunter”, with complex program development experience. Also skilled at program management. Technology to yellow iron assets. Extensive national rolodex. Email: VdrPgmBizDev@aol.com	Sales: San Francisco Bay Area, CA 15+ yrs--mid mkt. $500M to $10.0MM. Seeking role w/ captive or global leasing firm. large book to bring with me! Debt, tax, 1st amendment, etc. Email: lac4002@yahoo.com
Sales: San Francisco Bay Area, CA 20 plus years experience in small ticket and middle market, mostly vendor driven business; specialist in manufacturing, hi-tech & medical. Excellent analytical and marketing skills. Email: deals_2_do@yahoo.com	South Central US TX, OK, KS & AR Territory. Equipment finance and leasing professional, 20 years experience. Top producer in middle to upper middle markets. Extensive customer base. Email: usleasingrep@yahoo.com

For a full listing of all “job wanted” ads, please go to:
http://64.125.68.91/AL/LeasingNews/JobPostings.htm

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In memory of Harold Robert McAfee

"I was truly saddened, both personally and professionally, to hear of Hal's passing. Hal was truly a pioneer in our industry and those of us who followed have much to thank him for."
Ted Parker
ted@cclease.com

"He was a 'class' act. He really knew the business, started by doing small deals and upward from there. Everything with Hal was always upbeat and everyone I knew liked and admired him."
John Torbenson
john@oefc.net
(1985 president of United Association of Equipment Leasing)

"I was sorry to hear that "Hal" McAfee had passed on. Hal was always a gentleman and a strong supporter of the Industry. I remember those early 70's well. He will be missed."
Oren Hall
(1996 president of United Association of Equipment Leasing.)

Marin Independent Journal Obituary

www.marinij.com

It is with great sorrow that we say goodbye to Harold McAfee, loving husband, father, grandfather and friend.

Born in Canada on September 18th, 1924, his life came full circle when he passed away on February 9th, 2007. He was 82.

Harold was raised in North Dakota and had four brothers and six sisters. He is survived by Marjorie, Kathleen, LaDonna, Karon, William, Dale, Tom and Gary. He was preceded in death by Hazel and Edna.

He served in the U.S. Navy during World War II receiving two medals for his valiant efforts.

In 1945, Harold married Marvel Young in Seattle, Washington. They had four daughters: Jill (Mike Austin) of Redmond, WA; Linda (Craig Bilsborough) of Chico, CA; Pamela (Wayne Dewald) of Burlingame, CA; and Sherry (David Lograsso) of Ripon. Harold was the loving grandfather of Todd Austin and Amanda Purvis, Garrett and Ashly Bilsborough, Stephanie and Eric Dewald, and Danielle, Alexander and Elliot Lograsso; and loving great-grandfather of Cruz Purvis.

After leaving the Navy, Harold began a career in retail, working for S.H. Kress in several Washington cities, then in San Francisco. Harold was truly a self-made man. He left Kress and opened his own department stores in San Bruno and Novato. Soon after that, he founded Triple C Leasing, a successful financial Company where he served as President and CEO.

In connection with running this business, Harold founded the West Coast Leasing Association which is still actively thriving today. He was active in SIRS, the Knights of Columbus, St. Leo's Men's Club, French Athletic Club, and the Druids. He was an avid golfer and fisherman.

Harold was also a private pilot and owned his own plane. This "family man" had a great sense of humor and a real zest for life that lives on through his loving family and beloved wife.

Friends are invited to attend a Rosary on Thursday, February 15th, 2007 at 7:00 PM at Duggan's Mission Chapel, 525 West Napa Street, Sonoma, CA 95476.

Friends are also invited to attend a Mass in Celebration of his life on Friday, February 16th, 2007 at 11:00 AM at St. Leo's Catholic Church, 601 West Agua Caliente Road, Sonoma, CA 95476.

Donations may be made in his name to The Knights of Columbus, Valley of the Moon Council 7951, P.O. Box 56, El Verano, CA 95433. Arrangements under the direction of: DUGGAN'S MISSION CHAPEL Sonoma, CA ~ 707.996.3655

Guest Book:
http://www.legacy.com/MarinIJ/GB/GuestbookView.aspx?PersonId=86439886

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Ice Storm hits MidWest/NorthEast Leasing Companies

"Our office will be closing today at 2:00 due to the snow and ice storm we are receiving. The credit department will have the ability to work remotely with little interruption provided there are no power outages, but the rest of the department will be unavailable. I apologize for any inconvenience."

Paul Witte
Vice President/COO
First Federal Leasing
Richmond, Indiana
Ph: (765) 962-3881 ext. 515
paul@firstbankrichmond.com

In Chicago, People are urged stay off roadways tonight and early Wednesday as conditions are predicted to worsen. Due to blowing snow and near-whiteout conditions, Chicago police had closed off a portion of northbound Lake Shore Drive on the South Side as of 5:30 p.m., an officer in the Traffic Enforcement Section said.

Due to worsening weather conditions in the Northeast, Continental Airlines (NYSE: CAL) announced travel options for customers whose flight plans may be affected by the weather.

Freezing precipitation is expected at Continental's New York hub at Newark Liberty International Airport, its Cleveland hub at Hopkins International Airport and at several other airports in the region overnight and continuing to the following day.

More than 1,000 flights were canceled as the weather shut down Chicago's O'Hare airport for a time and sent ripples across the nation's air system, Federal Aviation Administration spokeswoman Laura Brown said.

More than 500 of the canceled flights were into or out of Chicago. Airports in Cincinnati, Washington, Philadelphia and New York also reported significant delays and cancellations as workers struggled to keep runways clear of snow and ice.

Storm shuts down airports, schools, federal government
http://www.usatoday.com/weather/stormcenter/2007-02-13-snowstorm_x.htm

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One World Leasing up-date

by Ira Romoff

I am happy to send you a note to tell you my first six months running the industry's only leasing co-op as President of OneWorld Leasing, Inc. (OWL) has been very successful and a whole bunch of fun. We just finished our fifth annual meeting which lasted 4 days in Austin, Texas and included 35 attendees including many of our funding sources and most all of our members. Our golf outing was terrific and we all got silly at Dave & Busters, a good meal followed by arcade games, "B" ball, skee ball, and other Coney Island inspired "kids games."

Besides getting to know our funders in a social setting and reinforcing the bonds among members, the business meeting went very well too. Our 17 members financed over one quarter $Billion in equipment in 2006 and OWL increased our preferred funder stable with the addition of banks and niche funders specializing in app only and middle market full financial transactions. Our funders now also handle municipals, FMV single investor or leveraged leases as well as A, B & C credits including Start-ups. Each of our attending funders presented their unique programs to the members and also met with many of our members on a one-on-one basis to discuss whatever financial needs were ready to be financed. Vendor programs of all types were discussed as well.

Through "Strength in Numbers" OWL's Motto, our co-op also supplies wholesale cost products and services to our member brokers and discounters. At the meeting, for the first time ever in my experience we discussed a possible exit strategy/retirement plan for the smaller broker and lessor. This was appreciated by all of the members. Helping us with all this was our legal advisor and our experienced on call co-op consultant who steer us through the worlds of a not-for-profit co-op and equipment finance.

Our next get together will be at the NAELB in May where we will have a booth to discuss new OneWorld membership with experienced brokers. Anyone that is interested
in learning more, please call me or visit us at our booth in Nashville.

Ira Z. Romoff
President
OneWorld Leasing, Inc.
2 Westwind Ct.
Saddle River, NJ 07458
201 995-9594
201 776 7040 cell
201 669-4049 fax
IRomoff@OneWorldLeasing.com

http://leasingnews.org/PDF/OneWorldMembers.pdf

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Classified Ads---Help Wanted

Account Manager

North Shore Leasing & Funding Corp. "FOR ALL OF YOUR FUNDING NEEDS"

Nationwide Account Manager 2 yrs. exp., self-motivated, team oriented, college degree preferred. We approve A to D credits, no equipment restrictions. Resume, salary history, requirements by fax: 631-231-3773 or Steve Kelly at steve@nslf.com North Shore Leasing & Funding Inc. (NSL&F Inc.) established in 1993, is a national small-ticket equipment leasing company located in Hauppauge, NY.

www.nslf.com

Sales Regional Office

Financial Funding Services, LLC

Sales/Regional Office Generous Compensation with above average industry commission splits/unlimited income potential, six figures plus and nationwide financing for A – D credit. Click here for more info.

www.willamette-financial.com

Sales Professionals

Top commission (75%) plus health and retirement benefits. Full back office, large book funding sources meeting all your clients requirements. Robert Piot: 714-573-9804 or e-mail rpiot@socalleasing.com

To learn more or for more info, click here www.socalleasing.com

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Benchmarking the Winners Web Seminar

ELFA eNews Daily

Thursday, February 22
12:00pm-1:30pm EST

This unique Web seminar explores and expands on the Equipment Leasing & Finance Foundation's recent study, "Business Differentiation: What makes a select few leasing companies consistently outperform their peers?" Participants will learn the characteristics a company needs to be an "outperformer" among lease finance organizations, and have the opportunity to ask questions regarding the findings.

Focusing on three key categories in which the winners distinguish themselves--industry pressures, business capabilities and leadership perspectives, this in-depth analysis of consistently successful equipment leasing and finance companies is a MUST for executives and corporate decision-makers responsible for corporate strategy.

Presented by
David Helin - Senior Manager, Accenture Research

Scott A. Thacker - Partner, North American Financial Services Solutions Group of Accenture

Joseph C. Lane - Immediate Past Chairman, Equipment Leasing & Finance Foundation

Unable to Attend?
Order an Audio Recording

Register now at
http://www.elfaonline.org/events/2007/WS/BusDiff.cfm
and get your FREE copy of the report, published by the Equipment Leasing & Finance Foundation and sponsored by Accenture.
Available on line for $200.00 (free to ELFF donors.)
http://www.leasefoundation.org/store/index.cfm?fuseaction=
product.display&Product_ID=390

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Spring Leasing Conference up-date

Leasing Association Conference 2007

UAEL Spring Leadership Conference Betty Kerhoulas & Doug Houlahan—Conference Co-Chairs The Westin Casuarina Hotel & Spa, Las Vegas, NV April 12 –15, 2007 Saturday Night Event The Beatles™ LOVE™ by Cirque du Soleil® Available to the first 150 registered attendees & registered guests staying at the conference hotel (The Westin Casuarina Hotel & Spa). LOVE brings the magic of Cirque du Soleil together with the spirit and passion of The Beatles to create an intimate and powerful entertainment experience.       Hotel Registration The room block is filling rapidly! Make your hotel reservations at (702) 836-5900 Hotel Website (Mention the UAEL Conference ) Attendee Cost $895.00 (Attendee from UAEL member firm) $695.00 (Member firm attendee after early registration discount) $600.00 (Member firm additional attendee after early registration discount) $1295.00 (Attendee from non-member firm) $165.00 (Guest of registered attendee) Description Conference registration includes two breakfasts, two luncheons, afternoon breaks, all receptions and the entire 2007 Spring Conference. Full cancellation before March 10, 2007 will be subject to a $50 service fee for the registration. 50% refund for cancellations before March 20, 2007. No refunds after March 20, 2007. All registrations MUST be paid in full prior to the conference. Registration is transferable. Cancellations must be in writing. Sign up at the UAEL Conference Registration section of the website or call the UAEL office at 760-564-2227 or email at info@uael.org . To opt out of UAEL promotional emails please reply back to this email address info@uael.org UAEL 78120 Calle Estado #201 La Quinta, CA 92253

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April 15-17

Equipment Leasing and Finance Association
Four Seasons Las Colinas Resort & Club
Dallas, TX
Large Ticket/Bank Leasing Conference
(newly combined conference)

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April 18-19

Equipment Leasing and Finance Association
Fairmont Hotel, Chicago, IL
National Funding Exhibition

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April 22-24

Equipment Leasing and Finance Association
Hyatt Regency Grand Cypress
Orlando, FL
Captive and Vendor Finance Conference

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May 6-9

Eastern Association of Equipment Lessors
Seaview Resort & Spa
Marriott Resort
Galloway, New Jersey
The EAEL 2007 Conference Chaired by Paul Meyer

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May 17-19, 2007
Broker 101:The Foundation

Hotel Information
Gaylord Opryland Resort & Convention Center
2800 Opryland Drive
Nashville , TN 37214

To make hotel reservations at the Gaylord Opryland Hotel
call 1-615-883-2211 and reference the NAELB Group Code - XELB7 .

You may also book your reservations online by clicking the link below. Enter the Online NAELB Group Code - ELB . The group rate is $165 per night for a traditional view room.

The deadline for reserving sleeping rooms is March 22, 2006.
Click Here To Make Your Hotel Reservations Online

Airline Information

Northwest Airlines is offering a 5 - 12 % discount on their fares for air travel to and from the conference.

You or your travel agent may call Northwest Airlines at 1-800-328-1111 and reference the WorldFile code, NYUYD .

You may also visit Northwest's website at www.nwa.com. Under the Flights tab at the bottom, click on NWA Discount Travel E-Cert Redemption.

Login as a guest. Complete the flight search section and navigate to the bottom where you will see “Click here if you have a Northwest meeting agreement WorldFile number.” Enter the WorldFile code, NYUYD and complete your transaction.

Travel agents should visit www.worldagentdirect.com.
Details

10 th Annual NAELB Golf Tournament information:
http://www.leasingnews.org/Pages/NAELB_Annual_Conference.htm

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National Vehicle Leasing Association
Annual Conference & Exposition 2007

June 6th - June 9th, 2007
The Venetian Resort Hotel Casino
3355 Las Vegas Blvd. South
Las Vegas, NV 89109

Brochure, to enlarge the information on the pages, increase the size of the page on your tool bar:

To see a brochure for this event, click here.

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October 4-7

United Association of Equipment Leasing
Fall Annual Conference

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October 28-30

Equipment Leasing and Finance Association
Walt Disney World Dolphin Resort
Orlando, Florida
46th Annual Convention

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Get the Basics of Municipal Leasing-Tomorrow

ELFA eNews Daily

Attend the "Municipal 101--The Basics" web seminar, scheduled for Thursday, February 15, 2007, 1:00-2:30pm EST!

$175 Member ELFA
$225 Non-Member

"Municipal 101--The Basics" provides an overview of the municipal leasing marketplace, examines trends in tax-exempt leases, and explores the opportunities for public sector equipment leasing transactions.

During the 90-minute web seminar, you will get answers to these and other questions:
--What are some features and benefits of tax-exempt financing?
--How are tax-exempt lease arrangements structured?
--What are the credit requirements?
--Who can be a Lessee?
--Who are the eligible Lessors? Who are the Investors?
--What are the legal & documentation considerations?
Intended Audience

This program is designed for business executives, credit and sales personnel, and for individuals seeking insight into the municipal leasing market and interested in pursuing a new business development opportunity. Most companies will want to include a multi-person team representing
these disciplines.
For details and registration information for Municipal 101 - The Basics, please visit:
http://www.elfaonline.org/events/2007/WebMunicipal/

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Tom Mitchell joins SFBI Professional Recruiting

Chicago, Il. GA. ----- Fred St. Laurent CEO and president of SFBI Professional Recruiting announces that Tom Mitchell has been named as Senior Account Manager and Managing Director of Sales recruiting for the United States. Located in Chicago, Illinois, Tom’s specialty is building strong sales teams in the financial service market place.

“Tom brings over 10 years of sales and leasing experience and he has the ability to network, "St. Laurent Said.”He will be essential in our recruiting efforts for sales representatives and support people in the equipment leasing, banking and finance industries."

Tom Mitchell

Tom has a Bachelor of Science in Business Administration from Winona State University and started his career with Forsyth Solutions Inc, and eventually Relational Funding in remarketing off lease equipment.

SFBI Professional Recruiting is a member of ELFA, EAEL, NAELB and UAEL and supports the leasing industry by providing recruiting services to its members. SFBI also recruits in several other spaces, including Banking, Wealth Management and Medical. For more information please visit their web site:
http://www.sfbirecruiter.com

For further information, please contact:

Fred St Laurent
CEO and President
SFBI Professional Recruiting
Phone: 678.455.5700 ext 214
Fax: 678.623.8283
Email: Fred@sfbirecruiter.com
"Impacting Companies one person at a time."

Website: http://www.sfbirecruiter.com/
Member of ELA
Member of NAELB (Membership Committee)
Member of UAEL
Member of EAEL
Member of the Leasing News Advisory Board
http://www.leasingnews.org/Advisory%20Board/Fred_St_Laurent.htm

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Equipment Lease Funding Event Testing Free Exhibitor Registration

National Lease Funding Showcase to be held March 21st from the Ritz-Carlton, Buckhead hotel in Atlanta

Atlanta, GA - - The Lessors Network (www.lessors.com), a global equipment leasing community, is testing free exhibitor registration for the National Lease Funding Showcase scheduled to be held March 21st from the Ritz-Carlton, Buckhead hotel in Atlanta, GA.

Traditionally lease funding events charge between $3,000 and $7,000 for exhibiting companies to showcase their buy/sell investment strategies.

John O. Semon
Founder & CEO
Lessors.com, Inc.

John O. Semon, Lessors Network CEO, commented, "The high cost of exhibitor registration fees prevents a lot of extraordinary lease origination and funding resources from being discovered. By removing these fees we expect to create an unprecedented agenda of exhibiting resources not found at traditional industry events.

Traditionally sell outs over the past ten years, Lessors Network showcases have attracted the "A-List" from the equipment leasing and finance markets including: Bank of America, Caterpillar Financial Services Corp., Chase Equipment Leasing, CIT, Citigroup, Inc., Daimler Chrysler, DB Zwirn, De Lage Landen, Dell Financial Services, Deutsche Financial Services, Diligenz, Inc., Fitch Ratings, GATX Capital, GE Capital, GE Commercial, GMAC Commercial Finance, IBM Global Financing, Information Leasing Corp., International Decision Systems, John Deere Credit, Key Equipment Finance Group, KPMG Consulting LLC, LEAF Financial Corp., Marlin Leasing Corporation, Oracle Credit Corporation, Pitney Bowes Financial Services, RVI Group, SAP America, Siemens Financial Services, Textron Financial Corporation, Toyota Financial Services, UCC Direct Services, US Bancorp, Wachovia Leasing & Equipment Finance and Wells Fargo Equipment Finance and others.

To learn more about the National Lease Funding Showcase, please visit the Lessors Network at www.lessors.com.

ABOUT THE LESSORS NETWORK

The Lessors Network is a global vertical market network, providing access to markets, information, people and resources across an online equipment leasing and finance community. For additional information please visit www.Lessors.com.

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The Honorable Kenneth E. Bentsen Jr. to Serve as Chairman of the Board

(Nearly $1 billion to become the largest source of nonprofit funds dedicated to the fight against breast cancer in the world.)

Washington, DC – Susan G. Komen for the Cure, the leader in the global breast cancer movement, is announcing the election of former U.S. Representative Kenneth E. Bentsen Jr. as chairman of its board of directors and Cheryl Jernigan as its Affiliate representative to the board. Bentsen has served as a Komen for the Cure board member since 2005 and as public policy committee chair since 2003. He succeeds outgoing Chairman LaSalle D. Leffall Jr., M.D., of Howard University Hospital.

ELFA President Ken Bentsen

Bentsen serves as the president and chief operating officer of the Equipment Leasing and Finance Association, a national trade association representing financial services companies and manufacturers.

From 1995 to 2003, he represented the 25th District of Texas in the U.S. House of Representatives serving on the Budget, Financial Services and Small Business Committees. He helped craft the legislation to establish the Children’s Health Insurance Program, which extends health care benefits to more than five million children of working families, and he successfully sponsored numerous measures enhancing the nation’s academic medicine and health research programs.

In addition, Bentsen was actively involved in the drafting and passage of the Balanced Budget Act of 1997 and helped to modernize the nation’s banking and securities laws, the U.S. response to the Asian financial crisis and the Sarbanes-Oxley Act, which enhanced federal oversight of U.S. capital markets.

Komen founder Nancy Brinker

“Ken Bentsen’s knowledge, leadership and experience are exactly what Komen needs to guide us on the next phase of our journey to end breast cancer forever,” said Komen founder, Nancy Brinker. “He brings a track record of success in both the private and public sector and the courage to build on the years of outstanding leadership provided by our past chairman, Dr. LaSalle Leffall.”

Komen is committed to increasing breast cancer dialog among influential thinkers and policy makers as part of a public policy agenda aimed at making breast cancer a national priority.

“I consider it an honor to serve as chairman of this revolutionary organization,” Bentsen said. “What started as Nancy Brinker’s promise to end this terrible disease has grown into a global movement. It will be a privilege to work alongside our new CEO, Hala Moddelmog, as we elevate breast cancer as a national health priority.”

Cheryl Jernigan will join Bentsen on the board as Affiliate representative, speaking for the more than 100 Komen Affiliates across the country. Jernigan is a founding member of the Komen Kansas City Area Affiliate and tireless community leader and breast health advocate. In addition, she has served as a Komen grant reviewer and Lobby Day advocate, and she single-handedly raised more than $20,000 for the Breast Cancer 3-Day Walk benefiting Komen for the Cure.

KEB's long-standing commitment to fighting the war against cancer and other health-related initiatives, including, among others:

Cosponsor of the Access to Cancer Therapies Act and Access to Cancer Clinical Trials Act;
Cosponsored the Breast Cancer Patient Protection Act
Cosponsored the Bipartisan Protection Act
Cosponsored the Screening Mammography Act
Cosponsored the Eliminate Colorectal Cancer Act

About Susan G. Komen for the Cure:
Nancy G. Brinker promised her dying sister, Susan G. Komen, she would do everything in her power to end breast cancer forever. In 1982, that promise became Susan G. Komen for the Cure and launched the global breast cancer movement. Today, Komen for the Cure is the world’s largest grassroots network of breast cancer survivors and activists fighting to save lives, empower people, ensure quality care for all and energize science to find the cures. Thanks to events like the Komen Race for the Cure, we have invested nearly $1 billion to fulfill our promise, becoming the largest source of nonprofit funds dedicated to the fight against breast cancer in the world. For more information about Susan G. Komen for the Cure, breast health or breast cancer, visit www.komen.org or call 1-800 I’M AWARE.

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Key Equipment Finance Canada Names Valerie Borg VP

Burlington, ON – Key Equipment Finance, a leading bank-held global equipment finance company and an affiliate of KeyCorp (NYSE: KEY), today announced the promotion of Valerie Borg to vice president of program management and originations for the company’s Canadian operations.

Valerie Borg, Vice-President

As vice president of program management and originations, Borg is responsible for partnering with vendors and manufacturers to build financing programs that help them achieve their organizational goals. Her office is located at the Canadian headquarters of Key Equipment Finance in Burlington, Ontario.

“Valerie has extensive experience in direct and vendor equipment financing and leasing, and she is an excellent addition to our sales team,” said Richard McAuliffe, senior vice president and chief operating officer for Key Equipment Finance Canada. “With Valerie’s promotion, we have talented industry veterans overseeing each of the three pillars of our sales operation, with Shaun Danton leading our syndications group, Glen Wilson heading up our direct and indirect sales efforts and Valerie in charge of our vendor and manufacturer programs. I’m confident that all of our Canadian clients will benefit from the expertise, professionalism and resourcefulness of this leadership team.”

Borg joined Key Equipment Finance in 2004. Prior to being named vice president of program management and originations, she served as director of asset management, pricing and economics. Before joining Key Equipment Finance, she held positions at Comdisco, and served as a business consultant to companies interested in streamlining processes and increasing profitability. She received her Bachelor of Arts degree from the University of Toronto.

About Key Equipment Finance
Key Equipment Finance is an affiliate of KeyCorp (NYSE: KEY) and provides business-to-business equipment financing solutions to businesses of many types and sizes. They focus on four distinct markets:
· businesses of all sizes in the U.S. and Canada (from small business to large corporate);
· equipment manufacturers, distributors and value-added resellers worldwide;
· federal, provincial, state and local governments as well as other public sector organizations; and
· lease advisory services for manufacturers’ captive leasing and finance companies.

Headquartered outside Boulder, Colorado, Key Equipment Finance manages a $13.1 billion equipment portfolio with annual originations of approximately $6.4 billion. The company has major management and operations bases in Toronto, Ontario; Albany, New York; Chicago, Illinois; Houston, Texas; London, England; and Sydney, Australia. The company, which operates in 26 countries and employs 1,100 people worldwide, has been in the equipment financing business for more than 30 years. Additional information regarding Key Equipment Finance, its products and services can be obtained online at KEFonline.com.

Cleveland-based KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $93 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally.

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WebBank Hires VP of Business Development and Partner Relations

Salt Lake City, WebBank, a Salt Lake City Industrial Bank, names Barrett Hicken as VP of Business Development and Partner Relations. Hicken brings significant years of banking and business development experience to the position as well as a wealth of finance knowledge.

Prior to joining WebBank, Hicken served as Regional Controller and Director of Finance for Fidelity Investments Brokerage Services. In this position, he was responsible for implementing a national web-based performance management application.

Hicken also worked as a Manager of Finance and a Financial Analyst for Fidelity Investments.

On the expectations WebBank has for Hicken, Gerry Smith, President and CEO, stated, “Barrett will help us source new local and national partnerships, act as a project manager for program implementation and work with our existing partners on maintaining our service levels as well as possibly expanding product offerings“.

Hicken is the former President of the Utah Chapter of Financial Executives International and is a member of the Institute of Management Accountants . He can be reached at 801-993-5011.

WebBank Summary:
As an industrial bank chartered under Utah law, WebBank offers national captive finance solutions for commercial and consumer markets. Information about WebBank is available at www.webbank.com.

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News Briefs----

Oil Prices, Imported Goods Push Trade Gap to Record
http://www.washingtonpost.com/wp-dyn/content/article/2007/02/13/AR2007021300589.html

Citigroup to be known as Citi, dumps trademark umbrella
http://www.usatoday.com/money/industries/banking/2007-02-13-citirebrands_x.htm

MetLife 4th-quarter profit balloons as revenue grows and Manhattan property sale closes
http://www.signonsandiego.com/news/business/20070213-1332-earns-metlife.html

Chrysler to Announce Job Cuts, Plant Closings
http://www.nytimes.com/2007/02/14/business/14chrysler.html?_r=1&ref=
business&oref=slogin

Coca-Cola Enterprises to cut 3,500 jobs over 2 years
http://www.ajc.com/business/content/business/coke/stories/2007/02/13/0213bizcce.html

An English Springer spaniel known as James won the 2007 Best in Show at the Westminster Kennel Club Dog Show.
http://www.signonsandiego.com/news/nation/20070213-2026-dogshow.html

Nielsen top-20: `Idol' continues to rule
http://news.yahoo.com/s/ap/20070213/ap_en_tv/nielsens_list_1

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You May have Missed---

Judge: Nirvana for dog lovers
http://www.signonsandiego.com/news/northcounty/20070213-9999-1n13judge.html#video

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Sports Briefs----

Sonics choose Renton
http://seattletimes.nwsource.com/html/politics/2003570570_websonicssite13.html

Chargers give Schottenheimer the ax
http://www.signonsandiego.com/sports/chargers/20070213-9999-1n13marty.html

San Diego to interview SF 49er offensive coordinator Norv Turner and linebackers coach
Mike Singletary
http://sfgate.com/cgi-bin/article.cgi?f=/c/a/2007/02/14/49ERS.TMP

Oakland Raiders: Good signs
http://raiders.pressdemocrat.com/default.asp?item=483061

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“Gimme that Wine”

GeorgePark B. Smith’s 8,000-square-foot wine cellar holds more than 65,000 bottles
http://www.nytimes.com/2007/02/14/dining/14pour.html?pagewanted=1&ref=dining

Troquato & Cinnabar Winery
http://wine.appellationamerica.com/wine-review/George-Troquato-interview.html

Washington Wineries Sold 6.4 Million Cases
http://www.winesandvines.com/head_feb07_wawgg.html

Brunton Vineyards Acquires VinoVenue
http://www.fastpitchnetworking.com/pressrelease.cfm?PRID=5031

Wine Prices by vintage
http://www.winezap.com
http://www.wine-searcher.com/

US/International Wine Events
http://www.localwineevents.com/

Winery Atlas
http://www.carterhouse.com/atlas/\

Leasing News Wine & Spirits Page
http://two.leasingnews.org/Recommendations/wnensprts.htm

The London International Vintners Exchange (Liv-ex) is an electronic exchange for fine wine.
http://www.liv-ex.com/

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Restaurant Review

Le Papillon
410 Saratoga Ave.,
at Kiely Boulevard,
San Jose, California
(408) 296-3730
(not far off a Freeway 280 entrance and exit)
map program: http://world.maporama.com/idl/maporama/
http://www.lepapillon.com

Lunch
11:30 a.m.-2:30 p.m. Thursdays-Fridays.
Dinner
5-9 p.m. Sundays-Thursdays,
5-9:30 p.m. Fridays-Saturdays.

(Come early for an easy parking space. Tiny bar in the waiting area.)

Today the best restaurant in Silicon Valley with the new ownership of Emile's and the sale
of the Plumed Horse in Saratoga waiting for new reviews. This restaurant has always been
excellent for both lunch and dinner.

Here is a current review in the San Jose
Mercuy News:
http://www.mercextra.com/pn/modules.php?op=modload&name=Reviews&file=index&req
=showcontent&id=102&POSTNUKESID=c850d05254a5212c3ceed0753a233f27

Interview with the chef:
http://www.mercurynewsphoto.com/2007/02/08/le-papillon-restaurant/

(for other reviews: please go here:
http://two.leasingnews.org/Recommendations/rstrnt.htm )

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Calendar Events This Day

Arizona: Admission Day: 95th Anniversary
Became 48th state in 1912

Bulgaria: Vitculturists’ Day (Trifon Zarezan)
Celebrated since Thracian times. Festivities are based on cult of Dionysus, god of merriment and wine.

Ferris Wheel Day
Anniversary of the birth of George Washington Gale Ferris, American engineer and inventor, at Galesburg,IL. Among
his many accomplishments as a civil engineer, Ferris is best remembered as the inventor of the Ferris wheel, which he developed for the World’ Columbian Exposition at Chicago, IL., in 1893. Ferris wheel (with 36 coaches, each capable of carrying 40 passengers), proved one of the greatest attractions of the fair. It was American’s answer to the Eiffel Tower of the Paris International Exposition of 1889. Ferris died at Pittsburgh, PA., Nov. 22, 1896.

Oregon: Admissions Day
33rd state in 1859.

Race Relations Day
A day designated by some churches to recognize the importance of interracial relations. Formerly was observed on Abraham Lincoln’s birthday or on the Sunday preceding it. Since 1970 observance has generally been February 14.

Valentine’s Day in America
http://memory.loc.gov/ammem/today/feb14.html

Saint’s Feast Day:

· Sts. Cyril and Methodius
· Sts. Cyril and Methodius
· St. Maro
· St. Abraham of Carrhae
· St. Antoninus of Sorrento
· St. Auxentius
· St. Theodosius
· St. Conran
· St. Dionysius
· St. Eleuchadius
· St. Nostrianus
http://www.catholic.org/saints/f_day/feb.php

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In 75% of American households, women manage the money and pay the bills.
http://www.debtsmart.com/pages/article_who_pays_the_bills_commen
tary_020731611.html
http://pewresearch.org/pubs/407/what-americans-pay-for---and-how

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Today's Top Event in History

1930—The Maltese Falcon by Dashiell Hammett is published. Ex-Pinkerton agent turned author Dashiell Hammett’s crime novel introducing Sam Spade was published this day by Alfred A. Knopf in New York, NY. (The novel has been serialized in Black Mask magazine in the fall of 1929, but Hammett revised the text.) The novel was a milestone in American literature, offering the model by which all “hard-boiled” crime fiction would follow. And in terse tough guy San Spade ( who “looked rather pleasantly like a blood satan.”, the world found a new pop icon. The notably dark haired Humphrey Bogart played Spade in the 1941 film version directed by John Huston. My son is named
after Mr. Hammett.
Kit Menkin

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This Day in American History

    1760- Birthday of Richard Allen, the first black ordained in the Methodist Episcopal Church (1799), and founder of the African Methodist Episcopal (AME) Church in 1816, was born in slavery in Philadelphia.
http://www.brightmoments.com/blackhistory/nrallen.html
http://earlyamerica.com/review/spring97/allen.html
    1779-A monument in Waimea, Kauai notes the spot of the death of Captain James Cook. Not the chamber of commerce statue in the middle of town, but by the actual landing spot where the river meets the ocean. It was quite defamed and the islanders to this day obviously still have no respect for him. The Kauai islanders in Wampei evidently still hold a grudge about the way they were treated. Investigating the alleged theft of a boat that had landed from his ship, he was stabbed to death by natives this date. There were many explorers of the new world who did not make it home. He was one of them.
http://www.lucidcafe.com/library/95oct/jcook.html
    1784- James Davenport received a patent for a carding and spinning machine, the first textile machinery patent. He later established the Globe Mills, Philadelphia, PA..
    1797 --Battle of Cape St Vincent, known as Nelson’s forgotten battle. It was a great and welcome victory for the Royal Navy - 15 British ships had defeated a Spanish fleet of 27, and the Spanish ships had a greater number of guns and men. But, Admiral Jervis had trained a highly disciplined force and this was pitted against a Spanish navy under Don José Cordoba that was little more than a panic stricken mob. Of 600-900 men on board his ships, only some 60 to 80 were trained seamen, the others being soldiers or inexperienced landsmen. The Spanish men fought courageously but without direction. After the San Josef was captured it was found that some her of guns still had their tompions in the muzzles. The confusion amongst the Spanish fleet was so great that they were unable to use their guns without causing more damage to their own ships than to the British. This was a turning point that affected the colonies as Britain began her dominance over the seas and fight for real estate in the new world from the Spanish and French, who would rather see the United States obtain the land than the British.
http://www.stvincent.ac.uk/Heritage/1797/battle/index.html
    1801- Birthday of Mary Ann Prout, known as “ Aunt Mary Prout.” It is believed most likely that this American--social activist, humanitarian, educator--was born free on this date at Baltimore, MD. Prout became a teacher and in 1830 founded a day school. Actively involved in her church, she founded a secret society that became the Independent Order of St. Luke to help with the cost of medical care and burial services for needy blacks, an organization that grew to have 1,500 chapters across the nation by 1900. Prout died at Baltimore in 1884.
    1805- Colonial American theologian Henry Ware, 41, was confirmed as the first Unitarian professor to teach at Harvard University. Soon after, the Trinitarian Congregationalist teachers began withdrawing from the school, and in 1808 established Andover Theological Seminary.
    1817-Believed to be the birthday of Frederick Douglas, perhaps the beginning
leader of the Civil Rights movement; a confident of President Abraham Lincoln.
http://www.history.rochester.edu/class/douglass/home.html
http://www.frederickdouglass.org/douglass_bio.html
http://www.americancivilwar.com/colored/frederick_douglass.html
http://www.nps.gov/frdo/freddoug.html
http://www.baltimoremd.com/monuments/douglass1.html
http://www.cr.nps.gov/muse
http://www.nps.gov/frdo/um/exhibits/douglass/overview.htm
    1819-Birthday of Christopher Sholes, a printer and newspaper editor by trade, developed a page numbering machine in the mid-1800s. A friend suggested he modify the machine into a letter-printing device. Sholes patented the typewriter in 1868 and sold the rights to Remington in 1873. The typewriter served as the basis for the modern computer keyboard.
   &nbs