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SALES: Seeking energetic, self motivated sales pro, nationwide opportunities, equipment/ transportation leasing and financing (buses, livery, limousines, ambulances, paratransit, funeral vehicles). Direct experience helpful/ not required. We are willing to train the right person. Moderate travel /extensive phone work required. Highest commissions paid in the industry. Fax or email resume to 718-392-5427 or dcoolbaugh@advantagefunding.us

About the Company: Advantage Funding is a leading commercial and consumer vehicle and equipment financing and leasing company, Long Island City, NY.

www.advantagefund.com

Wednesday, June 1, 2005

Headlines---

Classified Ads--Doc. Manager / Finance / Legal
    24% Increase in New Leasing Business Volume
        New Leasing News Banner Advertising
Advantage Funding Hires Christopher Brown
    Leasing Meetings Open to Non-Members
        Ed Castagna New Prez Nassau Asset Management
Machinists/Mechanics Win?/Lessors to Get back Four Planes
    “Diving the Tea Leaves”---by Ron Caruso
        Michael Sheehan Joins Main Street National Bank
            U.S. Micro Corp IT Asset Recover Tracking
Classified Ads---Help Wanted
    News Briefs---
        "Gimme that Wine"
Today's Top Event in History
    This Day in American History
        Baseball Poem

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

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Documentation Manager / Finance / Legal

Documentation Manager: 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
Finance: Chicago, IL
Experienced in big ticket origination, syndication, valuation and workout.
Twenty five years, MBA, CPA,
JD, LLM (Tax), structuring specialist. Inbound and outbound transactions.
Email: pal108381@comcast.net
Transaction Summary
Website: www.tlgattorneycpa.com
Finance: Austin, TX.
20+ years all facets of lease/finance. Collection and credit management. Equipment & rolling stock structuring. $150k credit authority, $100 million portfolio management.
Email: texmartin@juno.com

Finance: Lyndhurst, NJ
CFO w/20+ years leasing/financing. Respected by lenders/rating agencies full & fair financial reporting. Outstanding record restructuring debt. Adept at investor relations and mentoring people.
Email: joemcdev@aol.com

Finance: San Jose, CA.
15+ years sourcing debt, managing cash and receivables and other treasury functions. Strong background in credit, contract
administration and bankruptcy litigation experience. MBA Finance .
Email: raycis@comcast.net

Finance: Orange County, CA
25+ years experience large ticket and mid-market commercial finance. Senior manager in operations, documentation, legal, credit, workouts, portfolio management. $2+Billion portfolio. MBA Finance. Juris Doctor.
Email: finance1000@cox.net
Legal: Los Angeles, CA
Experienced in-house corporate and financial services attorney seeks position as managing or transactional counsel. Willing to relocate.
Email: sandidq@msn.com

[headlines]

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24 Percent Increase in New Leasing Business Volume

Confirming the trend as predicted last month by Ralph Petta, Vice President of Industry Services for the Equipment Leasing Assocation (ELA), thier Monthly Leasing Index (MLI), which surveys approximately 20 major equipment leasing companies on a monthly basis, showed 24 percent increase in new business volume.

Petta stood alone in his prediction as actual business was down from January, but up from the the anomally of two major developements in febuary. He said it was up and would continue to grow.

“The key metrics highlighted in the April MLI indicate a strong opening to the second quarter for the industry,” says Ralph Petta, VP of Industry Services. “With charge-offs decreasing and employment up, clearly the economic rebound is being felt in the equipment leasing industry.”

Results of the April 2005 MLI show new business volume increased from March's $3.8 billion to $4.7 billion in April, an increase of 24%.

Delinquencies (net of unearned income billed but not yet received) decreased very slightly for the under-30 days category to 98.0% in April compared to 98.46% in March.

Credit approval ratios, however, decreased to 76.3% over March's 83.2%.

Average charge-offs also decreased, coming in at 0.36% from March's 0.53%.

The total number of employees increased 2.1% in April to 9,259 compared to 9,072 in March, continuing the upward trend in employment.

Participants :ELA Monthly Leasing Index

(the Dow Jones of the Leasing Industry? editor)

ADP Credit Corporation

Amsouth Leasing Corporation

Bank of America

Caterpillar Financial Services Corporation

CIT

De Lage Landen Financial Services

First American Equipment Finance

GreatAmerica Leasing

Hitachi Credit America Corp.

HP Financial Services

John Deere Credit Corporation

Key Equipment Finance

LaSalle National Leasing Corporation

Marlin Leasing Corporation

RBS Citizens

Siemens Financial Services

U.S. Bancorp Leasing & Financial

Verizon Capital Corporation

Wells Fargo Equipment Finance

For readers who do not know about the the the Equipment Leasing Association (ELA,) it was organized in 1961 and is considered not only the largest, but most influencial leasing assocation in the United States. It is headquartered in Arlington, Va., with more than 800 top leasing company members wtih a staff of 25 professionals.

For more information on ELA, please visit www.ELAOnline.com.

[headlines]

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[headlines]

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Advantage Funding Hires Christopher Brown as Asset Manager

Edward P. Kaye, President of the Advantage Funding group of companies announced that Christopher Brown has been hired as Asset Manager.

Chris Brown

“Chris brings a wealth of knowledge and experience in credit, collections and remarketing and we look forward to working with him,” said Kaye.

Chris Brown began his career as a credit analyst for American Express and held positions with American Honda Finance, American Lease Insurance Corp., and most recently with Nassau Asset Management. He graduated from Marist College in Poughkeepsie, New York.

Advantage Funding is a leading vehicle and equipment leasing and financing company based in Long Island City, New York. The company focuses on direct and indirect commercial transportation loans and leases in the following industries -- commercial coach, limousine and livery, funeral car, paratransit, school bus, and minibus. The company also originates and services a consumer auto loan and lease portfolio.

Leasing News congratulates both Ed Kay and Chris Brown and hopes the synergy will create more good business and continued growth for the Advantage Funding Group.

[headlines]

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Leasing Association Meetings Open to Non-Members

 

June 6-7 ELA Bank Leasing Conference
Fairmont Hotel, Chicago, Illionois

Equipment Leasing Association
(Open to Non-Members)

Who Should Attend?

Senior and middle level corporate executives responsible for managing a leasing subsidiary of a national or regional bank; sales managers and leasing account managers from these institutions; and companies who provide services to these organizations.

For complete details, including registration information please go here: http://www.elaonline.com/events/2005/banklsg/


Janet Fianko
jfianko@elamail.com

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

June 9

Famous Crab Feast

I thought I would send you an email in reference to one of the WILDEST, MOST ENJOYABLE, leasing events in the Mid Atlantic area. For the past seven years a group of leasing professional (usually between 100- 120 attendees) kick off the summer season by gathering together in Hanover Maryland, for the annual "EAEL Networking Crab Feast"

Any of your readers within walking, driving, or flying distant of BWI airport in Baltimore should consider attending this leasing event. It is advertised as a social gathering however with most situations where 10 or more leasing people gather together it quickly develops into a Business Opportunity for everyone. This is the type of event where long-term business relationships are strengthened and new ones are established.

And it all happens as people are elbow deep in crab shells, crab soup and pitchers of cold beer. "A REAL BALTIMORE TRADITION"

The event is open to everyone EAEL members and Non- Members. The group is usually made up of brokers, lessors, funders, small ticket, mid market and large ticket leasing professionals, bankers, attorneys and just about anyone else that has the slightest connection to the industry and wants to enjoy a night of fun,great food. and excellent copmpany.

The event is hosted by :
Nancy Pisorio, CLP, Madison Capital LLC
Dennis Horner , The Equipment Leasing Company
Bruce Winter, CLP, FSG Leasing Inc

I highly recommend everyone to mark their calendars for June 9, 2005
and call Dennis Horner to register at 800 365 6566 ext 110

Scott Wheeler C.L.P
V.P Sales and Marketing
The Equipment Leasing Company
Sparks Maryland
800 365 6566
Fax: 410 472 2005
53 Loveton Circle
Sparks Maryland 21152

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UAEL Oregon Region Presents

An Evening at the Portland Beavers Baseball Game

Call UAEL at 760-564-2227 to REGISTER NOW (before May 16 th ) as this is a first come, first serve event, and tickets are limited!! This is an event you will not want to miss.

When: Thursday, June 09, 2005

Where: PGE Park – Portland OR

http://www.pgepark.com/beavers

Time: The game starts at 7:05 but you are encouraged to come early.

Cost: $35.00 for members, and $40.00 for non-members.

Event: This is the most popular event at the ball park, as Thursday's are considered “Thirsty Thursdays” as beers are only two dollars ($2.00). June 9 th is “Fresh Beer Night with the Budweiser Clydesdales pre-game appearance”. The mighty Beavers will be playing Tucson. We have reserved a LUXURY SUITE at the top level, in the middle, right behind home plate. Simply put, you cannot find better accommodations. It is also important to mention the price covers only the price of the tickets, as this event is not for profit. Food will be provided, and we will rely on sponsors to help pay for food. If you have not been to the PGE Park, ask someone who has, as the food is really good, and a night at the ball park is a great time.

Registration: Simply call UAEL at 760-564-2227 to make payment arrangements. As mentioned, this is first come, first serve, so please REGISTER NOW.

 

Final Comments: The Oregon Region has always maintained a solid reputation for have a strong region. The suites provide an excellent format to both watch the game, but also provides plenty of room to network, and to get caught up with old friends. We are encouraging early registration , as we have the ability to reserve more than one Suite if we a strong turn out, but you will need to ACT NOW!

For additional information: Please contact Gary Parker, Commercial Equipment Lease, at 800-234-1884 or email gparker@commlease.com .

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

June 14, EAEL, New York

New York Meet & Greet,

Tuesday, June 14, at 12:00PM. 

Hosted by Robert Goeller, Sierra Credit Corp., at the Garden City Country Club, Garden City, NY. 

Lunch and Roundtable Discussion.

Call the EAEL office for registration form, 212 809 1602. Fax  212-809-1650

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June 14, 2005 Luncheon

United Association of Equipment Leasing

Networking Luncheon
Tuesday June 14, 2005
At 12:00 PM to 2:00 PM

NO HOST
Non-UAEL members invited

Location:

Grand Concourse/Gandy Dancer Saloon
1 Station Square
Pittsburgh, PA 15219

For reservations please contact
Kim at 760-564-2227
or kim@uael.org
or Bill Grohe at 415-681-2234
or bill@uael.org

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July 15  Chicago, Illinois

Hey, batter, batter, batter.........Swing
Batter!!!

Spring is here and that means
BASEBALL!!!

UAEL Midwest Chapter presents
A day with the Chicago Cubs at the beautiful and
Scenic Wrigley Rooftop!!
July 15, 2005
1:20PM
Chicago vs Pittsburg

Wrigley Rooftop
3639 North Sheffield Ave
Chicago, IL 60613

Tickets are limited so make your reservation today!!
Seats are not guaranteed until payment is received.

Price per Person $118.00
Food & Beverages are included in your ticket price.

Payment will ONLY be accepted by check. Please make all checks payable to UAEL and Remit to Bill Griffith.

For more information please contact
Padco Lease Corp.
Bill Griffith
800-347-5884
100 West Monroe Street
Ste 706 5 th Annual Midwest
Chicago, IL 60603 Regional Cubs Outing

3639 Wrigley Rooftop

<><><><><><><><><><><><><><><><><><><><><><><>

Directions to the Rooftop

Looking for directions? The directions below should help. If not call us at (312) 382-9100 for more assistance.

Wrigley Field is located on the corner of Addison and Clark St. in the City of Chicago.

If you are on the Kennedy Expressway, exit on Addison going east and follow the signs to Wrigley Field.

If you are on Lake Shore Drive, you can exit on Irving Park Road, which is 4000 north, or you can exit on Belmont Ave., which is 3200 north.

If you're going to ride the "L" (elevated rail) get on the red line.

If coming from the Loop: take the State Street Subway (red line) north towards Howard and get off at Addison.

If coming from the North: take the Yellow Line (Skokie Swift) or the Purple Line (Wilmette-Evanston), south to Howard, from there, take the Red Line south (95 th -Dan Ryan) to Addison stop (the train stop is located directly behind the rooftop).

Our address: 3639 North Sheffield Avenue

Entrance is at the rear of the 3639 Sheffield building. Take the rear exterior stairwell to the rooftop.

For more information log on to:
www.3639wrigleyrooftop.com

We'd like to extend a special thank you to our sponsor:

[headlines]

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Edward Castagna Promoted to President of Nassau Asset Management

Peter Castagna, Chairman of Nassau Asset Management, the company's founder and CEO, has announced that his son Edward is now the president “...in recognition of his strong leadership within the company.”

Ed Castagna joined Nassau in 1991 after college, working his way up the ladder, following in his father's footsteps.

“One of Ed's most important achievements has been launching and expanding www.nasset.com, a well-known equipment remarketing Web site,” Peter Castagna says. “He has spearheaded many new services and technology advances for our company while overseeing daily operations.”

As president, Ed will continue to manage daily operations for the company, which provides asset recovery, collections, remarketing, full plant liquidations, and appraisal services to the equipment leasing and finance industry.

Edward Castagna

His accomplishments include transforming the successful brick-and-mortar business into a more successful e-commerce-enabled company. As noted by Peter Castagna, Ed was instrumental in the conception, design, production and marketing of www.nasset.com , a global Web site for remarketing assets. He also was involved in the development and enhancement of NASTRAC, an online system that keeps Nassau customers informed, in real time, about the repossession and sale of used equipment.

The company provides asset recovery, collections, remarketing and appraisal services to the equipment leasing and finance industry.

Castagna serves as the chairman of the Equipment Leasing Association's (ELA) Service Providers Business Council. He is an industry speaker, author and quoted source on asset remarketing strategies. He also serves on the Leasing News Advisory Board, notably given credit for the new format and web mailing of the publication.

Castagna graduated from Syracuse University in 1991 with a Bachelor of Arts degree in psychology. Active in community affairs, he is a founding member of TLC, a civic organization that raises funds to enhance neo-natal care for North Shore's Long Island Jewish Health System.

About Nassau

Nassau Asset Management of Westbury, NY, has been providing full-service asset management, including asset recovery, collections, global remarketing, plant liquidations, and appraisals for more than 25 years to the equipment leasing and finance industry. The company operates in all 50 states and Canada. For more information, please visit www.nasset.com or call 1-800-4.NASSAU.

(Flowers can be sent to Ed Castagna at

Nassau Asset Management
400 Post Ave., Suite 300,
Westbury, NY, 11590

or you can e-mail him a card at:
ECast@nasset.com

or call

1-800-4NASSAU (1-800-462-7728),
direct dial (516) 484-5959
fax number (516) 625-1981.)

[headlines]

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Machinists/Mechanics Win?/Lessors to Get back Four Planes

by Christopher Menkin

While United Airlines and its machinists' and mechanics' unions announced tentative contract deals, heading off the need for a bankruptcy judge's ruling that could have triggered a strike, the airline was unable to reach new rental terms with its lessors.

A voluntary repossession of four Boeing 767-300 aircraft was ordered to leasing companies. The airline industry totters as if on a grammar school see-saw.

The wage and benefit concessions by the two employee groups should strongly boost United's quest to get out of bankruptcy, all but completing efforts to cut labor costs by a further $700 million annually.

No less important, the developments also came just in time to avoid a potentially strike-triggering ruling by a bankruptcy judge, who was set to issue an order annulling existing contracts and imposing pay and benefit cuts unilaterally had there been no agreement.

The machinists union had put its 20,000 baggage handlers, customer service representatives and other ground workers on notice to be prepared to walk off the job and shut down the nation's second-largest airline if its contract was broken. Barely two hours before the afternoon court session, an agreement was reached on the final sticking point - a replacement pension plan - and strike preparations were called off. No deal was made with the lessors of aircraft, some say GE is holding the company together along with a consortium of European financial sources.

In May, the U.S. Seventh Circuit Court of Appeals reversed an order that would have prevented the carrier's lessors from repossessing 14 of its 460 jetliners. The court ruled that the aircraft could be recovered unless UAL made full rental payments.

A spokesperson for the carrier told news reporters that four of the eight aircraft will be grounded and returned to their lessors.

The future of the other aircraft is uncertain because UAL is still in negotiations with lessors that own them. UAL has interim lease contracts with several investors who own about 130 aircraft.

Sources were not surprised that negotiations were not successful with lessors. While there was talk about different rate structure, meaning higher rates, the reality is the lessors were not in position to pull the plug. Some believe the financial institutions had more to lose than the workers if the strike was not averted and therefore the union negotiations had taken preference as if it would be a mute point to repossess all.

Perhaps more important, the financial turmoil has also frightened flyers into using other airlines, another station they will have to cross for survival. Many believe the US government will have to intervene as they did with Chrysler and the City of New York.

Those in the now say the summer vacation schedule is gone and it is the third and fourth quarter to worry about. Many believe the news can only get worse. Others believe United management should get a Pulitzer Prize for Peace.

In reality, the fortunes of United make CyberNet, CMC Commercial, NorVergence, RW Professional, and all those wrapped up into one as being more a nuisance than the demise of United Airlines, and perhaps the airline industry as we know it today.

[headlines]

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DIVINING THE TEA LEAVES

By: Ron Caruso

http://www.efj-pulseonline.com/

Consider the following economic news:

1) Oil is now down 18% from its April high;
2) The Consumer Price Index (CPI) was released last week and for the first time since November 2003, the core rate did not increase, leading some to conclude that inflation is well under control and could signal the Fed is nearing the end of their current monetary tightening campaign;
3) A flat yield curve (our current situation) has historically been a predictor of a recession;
4) There are indications that China is striving to put some brakes on its domestic economy, at least in part due to some growing protectionist sentiment emanating from the U.S.;
5) The growth rate of our domestic economy for the first quarter of this year (see below) was adjusted upward to 3.5%, from an earlier estimate of 3.1%, thanks to continued spending by the consumer, and a narrowing of the trade deficit.

What can we conclude? The good news is that energy prices appear to have spiked and now are leveling off at a psychologically acceptable lower level, although how much below $50 per barrel oil will go remains a paramount question.

Equally as important, the almighty U.S. consumer is not showing any demonstrable signs of halting his/her spending. Although this can be good news, the amount of disposable income being spent on imports is still significant and many economists are looking at this situation and scratching their collective heads in wonderment-how long will it continue?

A likely scenario will be an economic slowdown in the next two quarters. The justification for this is very simple: there is no justification for a contrary view. Capital spending continues to creep along at a snail's pace, the stock market continues its topsy-turvy, lose/gain scenario and although interest rates have inched up, the economy is awash in capital-unused capital.

All one needs to do to confirm this is look at the long-end of the yield curve, which has been operating completely independently from the short-end for some time now. Eighteen months ago, the spread between the 2 and 10-year U.S. Treasury was 250 basis points. Currently, the spread is down to 47 basis points. The further investment by foreign central banks in U.S. Treasuries to fund our trade deficit and flight to quality will continue to put downward pressure on long-term yields.

With China striving to control its economic growth and Europe in an economic malaise, the U.S. looks like a safe haven for dollars with no place lese to go. Will this continue? The probable answer is yes, which is good news for our trade and budget deficits. However, any sign of an up tick in economic momentum, particularly abroad, could change this picture dramatically.

The real question though is how long will our present growth rate be sustained?

If the consumer begins to feel pangs of anxiety, a crisis of confidence, or some unforeseen event occurs, the entire scenario could shift dramatically and quickly.

Stay tuned.

(Hey, Ron, you forgot to advise us the wine to drink. I think many of us need a glass or two. editor )

[headlines]

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

Michael Sheehan Joins Main Street National Bank

KINGWOOD, TEXAS,– Main Street National Bank, Kingwood, Texas, announced appointment of Michael Sheehan as Senior Vice President - Program and Vendor Sales.

Sheehan has over 25 years experience in the equipment leasing industry including senior sales and management positions. Sheehan's experience includes serving as a senior officer of American Express Business Finance and AT&T Capital. Sheehan is a member of the ELA Foundation Board of Trustees and the ELA Small Ticket Council.

Tom Depping, Chairman of Main Street National Bank stated: “Mike's background in various market segments, including technology, healthcare, franchising and industrial markets will be a big part of increasing Main Street's national presence in the leasing industry and helping us to become “America's Small Business Bank.”

Sheehan said: “I am excited to be part of Main Street's management team as we expand our top flight professional sales team.”

Main Street National Bank, established in 1984 maintains banking offices in the Houston, Texas market and equipment lease sales offices in Rancho Cordova, California - Jupiter, Florida and Marietta, Georgia.

Mike Sheehan can be contacted in Houston at 281-348-2027 or msheehan@msnbank.com.

For More Information Contact:

Betty Baildon
Press Liaison
281-348-2015
bbaildon@msnbank.com

[headlines]

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

U.S. Micro Corp. First in Industry to Implement Real-Time Tracking Solution for End of Life IT Asset Recovery

ATLANTA, -- U.S. Micro Corporation announced that it has become the first corporate IT asset management company to implement a real-time tracking system that monitors retired IT assets from the point of on-site pickup, through shipping and final disposition - using a custom proprietary wireless mobile solution that went live this month.

U.S. Micro purchases and securely removes hundreds of thousands of IT assets (PCs and peripherals, notebooks, networking and telephony hardware, etc.) annually from major corporate end-users and leasing companies, refurbishes and remarkets them. The security of these assets - many of which may contain sensitive corporate data - during the removal and shipping process is paramount. Its first-in-the-industry mobile asset tracking system, entitled Enertia, enables U.S. Micro to maintain its position as the industry leader in providing the highest levels of physical and data security.

"Because of the way most asset management companies operate, assets are not tracked through one system from pickup through disposition," said Jim Kegley, U.S. Micro Corporation president. "Asset managers hire third-party trucking companies, and their tracking mechanisms are not synched with each other, let alone with the corporation from which they're removing the assets. This low-security approach presents the dangerous possibility of assets being lost or stolen in transit or from weigh-station warehouses - and critical corporate data being released into the marketplace."

U.S. Micro has long captured individual asset tracking data on-site at pickups and locked that data into its proprietary field technicians' laptops, to be transmitted back to the U.S. Micro Command Center, its 24-7 command-and- control unit in Atlanta. The Command Center would then share the data with the corporation from which the assets were being removed.

U.S. Micro's Enertia software solution takes IT asset security during the critical removal and shipping phase to a new, highly secure level. The company's field technicians are equipped with handheld PCs using CDMA technology, Bluetooth barcode scanners, and InfraRed barcode label printers. When the technicians arrive on-site for a pickup, they scan the asset tags of each piece of equipment they are removing. For any equipment without an asset tag, they simply generate a barcode label on the spot.

All tracking data, along with a digitized signature, is sent over a secure channel in real time to both U.S. Micro's Command Center and the project database of the corporation from which the equipment is being removed. The data is reconciled immediately against the equipment list slated for pickup to ensure 100 percent accuracy. Enertia also ensures that U.S. Micro maintains absolute asset ID custody throughout the process, from pickup through shipping to final disposition of the assets.

"Our customers highly value our industry-leading physical and data security procedures," added Steve Bowen, vice president of Operations/Sales. "We take our security responsibility extremely seriously and are always looking for ways to improve asset security. Enertia is now providing the highest possible level of security that technology can offer. And our large corporate customers are extremely pleased with the peace of mind and the initial results from the system's implementation."

About U.S. Micro

U.S. Micro Corporation is one of the nation's leading corporate IT asset management companies. Based in Atlanta, U.S. Micro purchases and securely removes hundreds of thousands of IT assets (PCs and peripherals, networking and telephony hardware, photocopiers, etc.) annually from major corporate end- users and leasing companies, refurbishes and resells them. U.S. Micro provides its customers the highest possible residual value through its outright purchase model, and delivers the industry's highest levels of physical and data security. More information about U.S. Micro is available online at www.usmicrocorp.com or by calling 888-USMICRO.

[headlines]

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

Classified Ads---Help Wanted

Sales / Sales Support

SALES: Seeking energetic, self motivated sales pro, nationwide opportunities, equipment/ transportation leasing and financing (buses, livery, limousines, ambulances, paratransit, funeral vehicles). Direct experience helpful/ not required. We are willing to train the right person. Moderate travel /extensive phone work required. Highest commissions paid in the industry. Fax or email resume to 718-392-5427 or dcoolbaugh@advantagefunding.us

About the Company: Advantage Funding is a leading commercial and consumer vehicle and equipment financing and leasing company, Long Island City, NY.

www.advantagefund.com

 

SFBI Recruiters

Need:
- Sales Support Specialist in NE Atlanta.
- Small Ticket Leasing Specialist with “deals   on desk” North East.
- Small Ticket Leasing Specialists A+B Paper   any equipment type nationally.

Contact: Fred St Laurent, Managing Director
Email: Fred@sfbirecruiter.com

www.sfbirecruiter.com

[headlines]

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News Briefs----

Euro firms from low before Dutch vote
http://www.washingtonpost.com/wp-dyn/content/article/
2005/05/31/AR2005053100332_pf.html

Consumer confidence rebounds in May, Midwest manufacturing index falls
http://www.signonsandiego.com/news/business/20050531-1417-economy.html

Crude oil prices rise for sixth straight trading session
http://www.signonsandiego.com/news/business/20050531-1216-oilprices.html

Mortgage trend poses risks in downturn
http://www.boston.com/business/personalfinance/articles/2005/05/31/
mortgage_trend_poses_risks_in_downturn/

Rates on college loans to rise from record lows
http://www.signonsandiego.com/news/business/
20050531-1358-collegeloans.html

Fitch: bankruptcy remains a non-factor for U.S. credit card
http://www.fitchratings.com/corporate/events/
press_releases_detail.cfm?pr_id=163207

Kozlowski jury deliberations on hold
http://www.usatoday.com/money/industries/manufacturing/
2005-05-31-tyco-jury-deliberations_x.htm

A posthumous victory for Arthur Anderson former 28,000 employees
http://www.usatoday.com/money/industries/banking/
2005-05-31-andersen-cover_x.htm

Forecasters predict another active hurricane season
http://www.usatoday.com/weather/hurricane/
2005-05-31-Gray-hurricaneforecast_x.htm

[headlines]

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Your One stop solution for training and reference material for the Leasing Professional


Visit our website by clickng on the logo above

122-A Foothill Blvd., Arcadia, CA. 91006
Voice 626-305-1053 . Fax 626-305-0019 .
ted@cclease.com

“Gimme that Wine”

150 Years Later, Judging the Judges of Fine Bordeaux
http://www.nytimes.com/2005/06/01/dining/01wine.html?pagewanted=all

Sales of more expensive wines are booming
http://www.sfgate.com/cgi-bin/article.cgi?file=/n/a/
2005/05/29/state/n103419D30.DTL

After 40 years, Mondavi brothers make wine together again
http://www.sfgate.com/cgi-bin/article.cgi?file=/n/a/
2005/05/31/financial/f000513D89.DTL

Sonoma Grape crop could be biggest ever
http://www1.pressdemocrat.com/apps/pbcs.dll/article?AID=
/20050528/NEWS/505280305/1033/NEWS01

Massachusetts to allow patrons to bring home unfinished wine
http://news.bostonherald.com/opinion/view.bg?articleid=87141

[headlines]

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Today's Top Event in History

    1801- Bringham Young, Mormon Church leader born at Whittingham, VT. Known as “the American Moses,” having led thousands of religious followers across 1,000 miles of wilderness to settle more than 300 towns in the West. He died at Salt Lake City, UT, Aug 29, 1877, and was survived by 17 wives and 47 children. Utah observes, as a state holiday, the anniversary of his entrance into the Salt Lake Valley, July 24, 1847.

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This Day in American History

    1540-The first settlement in America in continuous habitation is the mountain village of Acoma, NM. First settled in the 11 th century by Indians from nearby Enchanted Mesa. Francisco Vaques de Coronado's army visited Acoma in the year 1540 and became the first white man to enter Sky City. He described Acoma as:
"One of the strongest ever seen, because the city was built on a high rock. The ascent was so difficult that we repented climbing to the top. The houses are three and four stories high. The people are of the same type as those in the province of Cibola (Zuni) and they have abundant supplies of maize, beans and turkeys like those of New Spain"
    1586 - After a surprise raid on the village the night before, Ralph Lane and English garrison murder the Indian chief Pemisapan, behead and mutilate his corpse, announcing "Christ our Victory" as they lay siege to Dasemunkepeac. This was in retaliation to Pemisapan trying to organize the Indians against the European way of life. When Sir Walter Raleigh returns to the area, he finds the white settlement has “vanished.” They state in their journals they don't know why. Other patriot chiefs such as King Phillip, Pontiac, Tecumseh, Sitting bull, et al, will suffer similar fates, as the pattern is set. The citing of journals that follow is fascinating. The Indian population of what was to become the U.S. was about 1,000,000 when European exploration began. Pioneer groups of European colonists were small. They entered regions with sparser populations and more fluid cultures, bringing with them diseases unknown to the area, perhaps the main killer of the Indian population. In retrospect, the first decade of the seventh century was the twilight of aboriginal Indian life.
http://www.nps.gov/fora/teacher.htm
http://homepages.rootsweb.com/~jmack/algonqin/mook3.htm
    1638- the first earthquake in the US to have been recorded and described in writing occurred at Plymouth, MA, at 2 PM. Governor William Bradford described the event in his History: ... it was very terrible for ye time; and as ye men were set talking in ye house, some women and others were without ye doors, and ye earth shooke with ye violence as they could not stand without catching hold of ye posts . . . but ye violence lasted not long. And about halfe an hower, or less, came an other noyse & shaking, but neither so loud nor strong as ye former, but quickly passed over, and so it ceased.”
    1660- Mary Dyer, American colonial-British Quaker convert whose conscience forced her back to Boston in spite of official warnings. There she was arrested for teaching a religious belief other than those approved by the Puritan church leaders and hanged this day. While the history books state religious groups came to American to escape persecution, quite the opposite is true. They came here as missionaries to reform the American Indians and did not accept religious practices except their own. Mary Dyer was executed under the strict anti- Quaker laws enacted by the very same people who came to the "New World" for religious freedom. Dyer's hanging was not part of the witchcraft panic that gripped Salem, Massachusetts later.
http://www.geocities.com/Heartland/Valley/2822/marydyer.html
http://www.gale.com/free_resources/whm/trials/dyer.htm
    1792- Kentucky became the 15th State of the Union. Since its name is an American Indian word for "great meadow", it is fitting that Kentucky's nickname is the Bluegrass State, and its flower is the goldenrod. The official state bird is the cardinal. The capital of Kentucky is the city of Frankfort.
    1796 - Tennessee joined the United States of America on this day. Long before it officially became the 16th state, Tennessee had already begun to earn its nickname, the Volunteer State, as it sent large numbers of volunteers to fight in the American Revolution. The tradition continued for the War of 1812, the Mexican War and the Civil War. The country-music capital of the world, Nashville, is also the governmental capital of Tennessee. The state's official flower is the iris, its bird, the mockingbird.
    1801- Bringham Young, Mormon Church leader born at Whittingham, VT. Known as “the American Moses,” having led thousands of religious followers across 1,000 miles of wilderness to settle more than 300 towns in the West. He died at Salt Lake City, UT, Aug 29, 1877, and was survived by 17 wives and 47 children. Utah observes, as a state holiday, the anniversary of his entrance into the Salt Lake Valley, July 24, 1847.
    1843-Sojourner Truth begins travel as abolitionist speaker.
http://www.lkwdpl.org/wihohio/trut-soj.htm
http://www.geocities.com/Athens/Oracle/9840/sojourn.html
http://www.noho.com/sojourner/
    1860-The first census compiled by machines was the 1890 census, which recorded a population of 62,979,766. According to the U.S. Bureau of the Census, the resident population of the United States, projected to 5/29/2004 at 3:48:56 PM EDT is 293,364,634COMPONENT SETTINGS
One birth every.................................. 8 seconds
One death every.................................. 12 seconds
One international migrant (net) every............ 25 seconds
Net gain of one person every..................... 12 seconds
Historic Census by Year
    1861- John Quincy Marr of Warrenton, VA, commander of the Warrenton Rifle Guards ( designated Company K of the 17 th Virginia Infantry Regiment ) was the first Confederate officer killed in the Civil War; in a skirmish at Fairfax Court House, VA. Marr was actually a lieutenant colonel, having been commission on May 2, 1861, but his letter of commission from Governor John Letcher had not been delivered to him.
    1862—General Robert E. Lee was appointed commander of the Confederate Army of Northern Virginia.
    1898- Molly Picon birthday: U.S. actor and singer, the star of New York Yiddish theater. Known as the Sweetheart of Second Avenue, she projected a light, charming character with a great sense of humor.
http://www.jwa.org/exhibits/wov/picon/index.html
http://www.jwa.org/archive/picon/mpcl.html
http://us.imdb.com/name/nm0682000/
    1899-The annual parade of "New York's Finest" was filmed on June 1, 1899 in Union Square.
http://memory.loc.gov/ammem/today/jun01.html
    1901-The first motorcycle powered by a gasoline engine was demonstrated in a climbing hill exhibition. The first motorcycle with a built-in gasoline engine was manufactured in Springfield, MA, by George M. Hendee, who formed the Hendee Manufacturing Company, which began to market the Indian motorcycle. Previously, motorcycles had been ordinary bicycles to which motors were attached. Three motorcycles were built in 1901. The following year, production was increased to 143. The motors were made by the Aurora Machine Company, Auroa, IL, and were mounted to the motorcycle frames in Springfield.
    1908 - John Krohn decided to take a walk around the United States - with his wheelbarrow! He completed the walk around the perimeter of the U.S. in 357 days. He walked 9,024 miles, went through 11 pair of shoes, 112 pair of socks, five wheels for his trusty wheelbarrow and never walked on Sunday.
    1911- The first life insurance group policy was written for 121 employees of the Pantasote Leather Company of Passaic, NJ, by agent William J. Graham of the Equitable Life Assurance Society. Each employee was given insurance protection amounting to a year's salary and a funeral benefit of $100.
    1915- Country singer Johnny Bond was born in Enville, Oklahoma. He is best known as the composer of "Hot Rod Lincoln," a hit for both Bond and Charlie Ryan in 1960, and for Commander Cody and the Lost Planet Airmen in 1970. Bond also appeared in more than 50 movies. And in the less-enlightened days of the 1950's and '60s, he wrote a series of comic songs about drunkenness, the most famous of which is "10 Little Bottles." Bond died of a heart attack on June 12th, 1978.
    1919-Birthday of singer/pianist Lafayette Leake, Winona, MS
http://mp3.com/artists/78507/summary.html
http://www.artistdirect.com/music/artist/card/0,,457357,00.html
http://www.joes-corner.de/dawkins/disco/dawkins_rec82.htm
http://community-2.webtv.net/W-Media-Player/BLUESPIANOGREATS/
    1903 - A strong tornado just 50 to 75 yards in width killed many persons around the Gainesville GA Cotton Mill. The tornado strengthened and widened near the end of its four mile path, killing 40 persons at New Holland GA. A total of 104 persons were killed in the tornado.
    1920--WEB DuBois, civil right activist and educator, awarded Spingarn Medal,
http://or.essortment.com/springarnmedal_rlwp.htm
http://www.wlib.com/BlackHistory.htm
No. 27 here: http://or.essortment.com/springarnmedal_rlwp.htm
    1921 -- More than 300 killed in race riot in Tulsa, Oklahoma. The black community of Greenwood is destroyed by a white mob, who murdered many & burned down nearly the entire area, destroying over 1,000 homes & businesses in a 35 block area. No one was ever charged with any wrongdoing, no reparations were ever made and accounts of the riot were literally cut out of the newspaper archives as Tulsa (read "white" Tulsa) tried to erase accounts & memories of the events...
http://www.lib.utulsa.edu/speccoll/tulsa_race_riot.htm
    1921- composer and arranger Nelson Riddle was born in Ordell, New Jersey. Well-known as an orchestrator for such singers as Frank Sinatra and Linda Ronstadt, Riddle also had several hits under his own name, including the 1956 million seller "Lisbon Antigua." He died on October 6th, 1985.
1922 Birth of Ray Knighton, who in 1954 founded the Medical Assistance Program (MAP International) in Chicago.
    1924-Alto-Clarinet player Hal McKusick born Medford, Mass.
http://www.mmguide.musicmatch.com/artist/artist.cgi?ARTISTID=
600294&TMPL=LONG#bio

http://www.fantasyjazz.com/catalog/mckusick_h_cat.html
    1924---Birthday of drummer Herbie Lovelle, New York City, NY
    1926-Marilyn Monroe's birthday, American actress and sex symbol of the '50s, born at Los Angeles as Norma Jean Mortensen or Baker. She had an unstable childhood in a series of orphanages and foster homes. Her film career came to epitomize Hollywood glamour. In 1954 she wed Yankee legend "Jolting Joe" DiMaggio, but the marriage didn't last. Monroe remained fragile and insecure, tormented by the pressures of Hollywood life. Her death from an overdose Aug 5, 1962, at Los Angeles shocked the world. Among her films: The Seven Year Itch, Bus Stop, Some Like It Hot, Gentlemen Prefer Blondes and The Misfits.
http://www.ellensplace.net/marilyn.html
    1934-Singer Pat Boone birthday, considered the second most popular singer in the 50's, after Elvis Presely. Also an actor (State Fair), author, born Jacksonville, FL. At his peak in the late 1950's, Boone was considered a rock 'n' roller, a sort of sanitized, parent approved alternative to Elvis Presley. The first of his more than 50 chart records came in 1955 a cover version of Fats Domino's "Ain't That a Shame." Boone's record went to number one while Domino's version made it only to number 16. Pat Boone became one of the all time biggest selling pop singers, and from 1957 to 1960 had his own network television series. His daughter, Debby Boone, had a number one record in 1977 with "You Light Up My Life."
http://home.att.net/~boomers.fifties.pinups/page7.html
http://www.tsimon.com/boone.htm
    1936-Brithday of Sandra Scoppetone, U.S. writer of mysteries featuring Lauren Laureno, Lesbian private eye who has a wonderful view of New York City. Her conversations with the natives are priceless.
http://www.xs4all.nl/~embden11/Engels2/scoppetone.htm
http://www.amazon.com/exec/obidos/tg/detail/-/0316776483/102-7693729-8155316?v=glance
http://encarta.msn.com/text_761559994___10/Detective_Story.html
http://www.thrillingdetective.com/trivia/triv140.html
    1938 - The first issue of the comic book "Superman" appeared in news stands throughout the country. "Superman" was created by two teenagers: Jerome Siegel and Joseph Shuster. Originally a newspaper comic strip, Superman was changed to a booklet format to immediate acclaim. It became a movie and one of the first television series hits. The story idea came from Jerry Siegel in a dream he had about the baby, Moses, who was abandoned by his parents in order that his life be saved. This dream prompted Siegel's creation of the ‘Man of Steel'. Artist Joe Shuster made the comic book hero come alive. The first story, in this first issue, took place on the planet, Krypton, where baby Kal-El was born. The infant was shot to Earth in a rocket just before Krypton exploded.
    1938 - Batters wore protective baseball helmets for the first time. Helmets were brought into use in a game between the Springfield Greys and the House of David in New York City.
    1944---Top Hits
Long Ago and Far Away - Helen Forrest & Dick Haymes
I'll Get By - The Harry James Orchestra (vocal: Dick Haymes)
I'll Be Seeing You - The Tommy Dorsey Orchestra (vocal: Frank Sinatra)
Straighten Up and Fly Right - King Cole Trio
    1947- Guitarist Ron Wood of the Rolling Stones was born in London. A veteran of the Jeff Beck Group and Faces, Wood was chosen by the Stones to replace Mick Taylor in 1974. Wood was also a member of Keith Richards's New Barbarians, the group that shared billing with the Rolling Stones at a free concert for the blind in Oshawa, Ontario in April 1979. The concert was in lieu of a jail sentence for Richards, who had been convicted of possession of heroin.
    1949 - Subscribers to "Newsweek" magazine were offered microfilm copies of the magazine for the first time. The weekly publication cost $15 a year.
    1950—birthday of singer Charlene (CHARLENE D'ANGELO) Hollywood, Ca.
http://www.imdb.com/name/nm0152965/
http://shopping.yahoo.com/p_charlene_artist_1927012792;_ylt=
Aigw8fFcuX290VsHKd2ruNdUvQcF;_ylu=X3oDMTBudjI1N2xwBF9z
Azg0MzkzMzAwBHNlYwNhcnRmZWF0?a=b

    1952---Top Hits
Kiss of Fire - Georgia Gibbs
Blue Tango - The Leroy Anderson Orchestra
Be Anything - Eddy Howard
The Wild Side of Life - Hank Thompson
    1957- at the Pacific Amateur Athletic Union Meet at Stockton, CA, Don Bowden of the University of California became the first American to break the four minute mile ( 3 minutes 57.7 seconds )
    1959 - Columbia Records' "Johnny's Greatest Hits" celebrated a full year at the top of the album charts. The LP continued to stay at or near the top of the charts for several more years. The album became the album leader of all-time after 490 weeks. Johnny Mathis went on to have an LP on the charts nearly every year for over three decades.
    1960- The popular and enigmatic British mini-series, "The Prisoner," aired for the first time in US television. Starring Patrick McGoohan as a secret agent held against his will in a remote, controlled environment known as the Village, "The Prisoner" was one of TV's most imaginative series. In both the US and England, The Prisoner became an instant cult series. "The Prisoner" was one of the most imaginative shows on TV, regarded by some as the finest dramatic series in TV history. Patrick McGoohan, who produced and starred in the series, also wrote and directed some episodes. In the series, McGoohan found himself in a self-contained community known as "the village" where he was referred to, not by name, but as Number 6. Number 6 realized he was a prisoner, and spent most of the series trying to escape or to learn the identity of the leader, Number 1. In the last episode, he learned that he was Number 1.
    1960-The first parking meter enforcement division of a police department was appointed by Mayor Robert F. Wagner of New York Ci9ty. The “meter maids” underwent about two weeks of training and received salaries ranging from $3,150 to $4,830 a year. The first summons was issued on June 6, 1960.
    1960---Top Hits
Cathy's Clown - The Everly Brothers
He'll Have to Stay - Jeanne Black
Paper Roses - Anita Bryant
Please Help Me, I'm Falling - Hank Locklin
    1963 -- 531, including NAACP Executive Secretary Roy Wilkins, arrested at a peaceful civil rights march in Jackson, Mississippi.
    1964 - Leslie Gore's hit single, It's My Party, rose to the Number 1 spot on Billboard's record charts on this date, and stayed there for 2 weeks. Gore was just 17 when she recorded the song, and she became one of the youngest solo female artists in music history to top the charts (1963). The Rolling Stones landed at JFK International Airport in New York for their first U.S. tour, which began the next day at the Manning Bowl, a high-school football stadium in Lynn, Massachusetts.
    1964- The Rolling Stones arrived in New York to begin their first American tour. Their first date was at a high school stadium in Lynn, Massachusetts. The Stones also stopped in Chicago to record an EP at the Chess studios, and when they tried to hold a news conference, a riot broke out.
    1964- The Equal Pay Act became law. Two years before, July, 1962, the U.S. House of Representatives passed a measure requiring equal pay for equal work for women dealing in interstate commerce work, but that fall the U.S. Senate refused to take action.
    1966 -- June 1-2, White House Conference on Civil Rights with Roy Wilkins of NAACP; Whitney Young Jr. of National Urban League;
Floyd McKissick & James Farmer of CORE; Martin Luther King Jr. of SCLC; Stokely Carmichael of SNCC ("We feel that integration is irrelevant. We have got to go after political power.").
    1967 - "Sgt. Pepper's Lonely Hearts Club Band" was released by The Beatles in England. The North American release came two days later. "Sgt. Pepper's" became one of the first rock albums to be critically-acclaimed, and went on to become the number one album in the world. It spent 15 weeks at the top of the album list in the United States It took 700 hours over three months to record under the direction of George Martin, Britain's top pop producer. A then state-of-the-art four track recorder was used to build each song layer by layer. The cost of recording - $75,000. "Sergeant Pepper's" wide range of styles and sounds and its use of electronic noises ushered in the psychedelic era. Some of its songs, such as "Lucy in the Sky With Diamonds" and "A Day in the Life" were carefully examined for hidden meanings. The album is estimated to have sold more than 15 million copies, and stayed on the Billboard chart for 113 weeks. On June 1st, 1987, 20 years to the day after it originally came out, the compact disc version of "Sergeant Pepper's" was released. The CD contained what some might consider a bonus - a two-second burst of laughter and gibberish which had only been available previously on European versions of the album, and a high frequency note at the end of the LP audible only to dogs.
    1968- Simon and Garfunkel reached the top of the US charts with "Mrs. Robinson," a song featured in the soundtrack of the film "The Graduate." The song won a Grammy Award for the Best Contemporary Pop Performance by a Vocal Duo or Group.
    1968---Top Hits
Mrs. Robinson - Simon & Garfunkel
The Good, the Bad and the Ugly - Hugo Montenegro
Yummy Yummy Yummy - Ohio Express
Honey - Bobby Goldsboro
    1973-The James Bond thriller, "Live and Let Die" opens. The movie features the title track by Paul McCartney and Wings.
    1974-Heimlick Maneuver introduced: the June issue of the journal Emergency Medicine published an article by Dr. Henry Heimlich, outlining a better method of aiding choking victims. Instead of prevailing method of backslaps (which merely pushed foreign objects further into the airways), Dr. Heimlick advocated “subdiaphragmatic pressure” to force objects out. Three months later the method was dubbed, the Hemlich Maneuver” by the Journal of the American Medical Association.
    1974-Birthday of Alanis Morissette, Ottawa, Ontario
http://www.alanis-morissette.com/biography.html
http://www.alanis.com/socalledchaos/socalledchaos.html
http://www.canehdian.com/artistlinks/artists/alanis.html
    1975 - Nolan Ryan of the California Angels threw his fourth career no-hitter game with a 1-0 win over the Baltimore Orioles. As a result, Ryan tied the major league baseball no-hit record.
    1976---Top Hits
Love Hangover - Diana Ross
Get Up and Boogie (That's Right) - Silver Convention
Misty Blue - Dorthy Moore
One Piece at a Time - Johnny Cash
    1980-, CNN debuted, the Cable News Network, TV's first all-news services went on air.
    1980 - A man from Falmouth ME was struck by lightning restoring his eyesight. The man had been blind and partially deaf since a truck accident in 1971
    1984---Top Hits
Let's Hear It for the Boy - Deniece Williams
Time After Time - Cyndi Lauper
Oh Sherrie - Steve Perry
As Long as I'm Rockin' with You - John Conlee
    1987-Niekro Brothers the Winninest. Phil Niekro pitched the Cleveland Indians to a 9-6 victory over the Detroit Tigers to put himself and his brother Joe into the lead as the winningest brothers in major-league pitching history. Their 530 combined victories surpassed Gaylord and Jim Perry. The Niekros ended their careers with 539 wins, 318 by Phil and 221 by Joe.
    1989 - Thunderstorms developing during the afternoon over the Southern Plains Region produced severe weather through the evening and the night, spawning nine tornadoes. Thunderstorms produced wind gusts to 80 mph at Alpine TX, and baseball size hail at Balmorhea, TX, Fluvanna, TX, and in Borden County, TX
    1990 - U.S. President George Bush and Soviet President Mikhail Gorbachev signed a bilateral agreement to stop producing chemical arms and to begin destroying stocks by the end of 1992.
    1995- Joe Garagiola Jr. is named as the Diamondbacks first general manager.
    1997-Canadian sprinter Donovan Bailey won a special 150-meter match race against American Michael Johnson to reassert his claim to the title of the “World's Faster Human.” After Bailey had won the 100 meters at the 1996 Summer Olympics and Johnson had won the 2200 meters and the 400 meters, the two engaged in a nasty bragging-rights battle. This special race was supposed to put an end to their flap. But the race in Toronto proved inconclusive as Johnson, well behind at the halfway point, pulled up short, claiming that he had injured his left quadriceps.

Stanley Cup Champions This Date

    1992 Pittsburgh Penguins

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Baseball Poem

Three Run Homers, or, Rupert Brooke Celebrates Baseball

I think that I shall never see
A poem lovely as a three
Run homer when the team is pressed
Against the wall and quite distressed,
A homer that may at evening scare
A nighthawk circling in the air,
Or, 'neath the arc lights blazing bright,
Restore the score and set things right,
Rescue the pitcher and save the game,
And set the home team crowd aflame:
Poems are made by fools like me,
But only heroes knock in three.

-annoymous-

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