Add me to mailing list    |           |      Search

Advertising | All Lists | Archives | Classified Ads | This Day In American History


   

    
Operations Manager for growing equipment leasing/broker services co. in Costa Mesa, CA to oversee syndication, docs, & credit functions. Prior leasing experience pref. Salary with benefits. Send resume to: Sarah@Podiumfinancial.com
   

Friday, June 30, 2006

Happy Fourth of July

Headlines---

Archives---June 30,2000
  Warren/Doyon No Longer at Totalfunding
Classified Ads---Doc. Mgr./Fin./Legal
    Funders Raise rates before Announcement
        Mortgage Rate Hits another High
Cartoon---
    Stub Hub
        Classified Ads----Help Wanted
“Broker/Lessor” List is up-dated
    Selling Up—by Steve Chriest
        Personal Property Tax Admin. Fee
Back Office Companies
    Study: More IT Exec.Turn to Leasing
        News Briefs---
            You May have Missed---
                "Gimme that Wine"
Restaurant Review-
  Whaling Station, Monterey, CA
Calendar Events
    Today's Top Event in History
        This Day in American History
            Baseball Poem—Tim Peeler
                SuDoku Puzzle

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

Archives---June 30, 2000
--Warren and Doyon No Longer at Totalfunding.com

“Steve Warren and Dennis Doyon are no longer with Totalfunding.com. Both were active with the company appearing at association conferences. Dennis Doyon, formerly with GE Capital/Colonial Pacific Leasing for over twenty years, may be available.

“Allco Leasing and Financial Services has added Steve Warren to the team of Leasing Professionals. Steve will manage Allco's Broker and Referral business.”

[headlines]

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

Classified Ads---Documentation Manager / Finance / Legal

Unionville Vineyards, Amville Valley, New Jersey *

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

Documentation Manager: Phoenix, AZ
Lease Administrator with exp. in lease administration, doc. & porfolio management for $200M in IT assets. Additional experience financial analysis process improvement/development.
Email: jeg3894@cox.net

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: 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: 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

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: Sausalito, CA
Sr. Corp. officer, presently serving as consultant, fin. service background, M&A, fund raising, great workout expertise, references Email: nywb@aol.com
Finance: Toronto
Long diverse career financial services industry. Executed billions of dollars of leases over 20 years; structuring, executing and pricing US/Canadian transactions. Per Diem or full time.
E-mail: eslavens@eol.ca
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
Legal: San Francisco, CA
Exper. leasing atty.seeking position w/reputable lessor or broker as in house counsel, Prefer SF Bay Area, will consider relocating for right position.
Contact Ken Greene
at kenlaw100@aol.com or
(415) 461 3777.
See Biography

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

To place a free “job wanted” ad, please go to:
http://64.125.68.91/AL/LeasingNews/PostingForm.asp

* http://unionvillevineyards.com/about.htm
News Magazine review of winery:
http://unionvillevineyards.com/Press&Reviews/HunterdonLifeMay2006.pd

[headlines]

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

Funders Raise rates before Announcement

It was not a surprise that the Federal Reserve raised it bench mark rate a quarter of a point on June 29th --- 5.25%, highest level in 5-1/2 years.

Many funders beat them to the punch, and as predicted, raised their rates before the end of August. In fact they were early, including one major bank leasing company who on Wednesday, January 28th , sent a fax to their “broker/discounters:”

“As you are aware, interest rates are continuing to rise, and as a result we are forced to increase our buy rates. This increase will be .25% across-the-board and become effective on July 1 st . As a reminder, our buy rates are locked for 60 days from the date of approval and revert to the prevailing published rate thereafter.”

The cost of funds has been going up for many reasons, including the growing deficit, coast of oil, and inflation caused by the value of the dollar. A key to the increase has also been the rise of the T-bills, highest in the last four years.

Interest rates on short-term Treasury bills have risen to the highest levels since early 2001.

The Treasury Department auctioned $15 billion in three-month bills at a discount rate of 4.905 percent, up from 4.830 percent last week.

Another $14 billion in six-month bills was auctioned at a discount rate of 5.110 percent, up from 5.055 percent last week.

The three-month rate was the highest since three-month bills averaged 4.920 percent on Feb. 5, 2001. The six-month rate was the highest since 5.360 percent on Jan. 2, 2001.

The discount rates reflect that the bills sell for less than face value. For a $10,000 bill, the three-month price was $9,876.01 while a six-month bill sold for $9,741.66.

Local and state government budgets got a reprieve from the increase in real estate, meaning high property taxes, as well as other increases boosting the sales tax, including the price of gasoline at the pump.

Higher prices also means higher taxes collected, and right away, not waiting another year as with income and property taxes.

(Please see our “News Briefs” for major newspaper reaction to the rate increase)

[headlines]

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

Mortgage Rate Hits another High

Before the Feds announced the quarter percent rate increase, Freddie Mac reported the highest 30-year mortgages since they averaged 6.81 percent the week of May 24, 2002.

Rates on 30-year, fixed-rate mortgages increased to a nationwide average of 6.78 percent this week, up from 6.71 percent last week.

The prime rate certainly will have its affect as well as the growing supply of houses for sale across the nation.

Historically low mortgage rates have fueled a five-year housing boom, helping support the U.S. economy's recovery from recession despite uncertain business investment. The construction industry has contributed much to the economy.

Rates on 15-year, fixed-rate mortgages, a popular choice for refinancing, increased to 6.43 percent, up from 6.36 percent last week. It was predicted in January that the rate would be 7% before the end of the year.

Rates on one-year adjustable rate mortgages rose to 5.82 percent, up from 5.75 percent last week and the highest level in more than five years.

Rates on five-year adjustable-rate mortgages climbed to 6.39 percent, up from 6.32 percent last week.

[headlines]

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

[headlines]

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

This site is where fans go to buy tickets and to sell tickets, any sports game, concert, theater, special event—without the heavy broker mark-up; even hours before the event, tickets may be available.

Tickets are primarily from people who have purchased the tickets, perhaps season tickets, and are not going to use their tickets on this date. One of the great attractions to this web service, online since 2000, tickets do not have the broker mark-up.

You can search by price or see all tickets and their location, plus other details. You don't need to go to the team site, just click on details and you see the stadium layout and where you will be sitting.

For sellers, set your asking price, plus, you can change it anytime you want.

If it is too close to the date for Federal Express delivery, tickets may be picked up at a specific location.

Fee is generally 10% of the cost of the ticket.

List tickets for FREE! Only pay a commission when your tickets sell.
Forget handling buyer inquiries, we do it for you.
Ship your tickets to buyers with our fast and easy process.

For Buyers:

You will get your tickets in time for the event.
Your tickets will be authentic and valid for entry.
You will receive tickets comparable to or better than the tickets you ordered, or your money back.
You will be refunded if the event is cancelled and is not rescheduled.

For Sellers:

You will never be contacted directly by a buyer or prospective buyer.
You can adjust your ticket prices to reflect marketplace value at any time.
You will receive payment from StubHub for all ticket orders that you confirm and fulfill.

http://www.stubhub.com/

[headlines]

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

Classified Ads---Help Wanted

Account Executive

  
Exp. Account Executive
Salt Lake City, Utah

Intermediaries--Background in sales/leasing and/or finance required/credit experience preferred. Salary plus commission. Fax resume: 801-733-2363 or email: clong@acccapital.com
   

Account Managers

"Specializing in Equipment Financing"
Charlotte * Los Angeles * New York * Phoenix

   
National Account Managers

60% com./30% res. APP only to $150,000. No industry/geo restrictions. Tremendous flexibility/freedom: your home office or our regional offices. bjohnson@alliancecap.com 
   

Jr. Analyst

    
Credit Analyst
Sausalito, CA

To start, $45M-60M per year depending upon experience and qualifications, small office in great community, work w/seasoned
professional; Banking or financial or leasing background required, opportunity to increase skills and knowledge: call Steve Pickens at 415-331-1725
    

Operations Manager

    
Operations Manager for growing equipment leasing/broker services co. in Costa Mesa, CA to oversee syndication, docs, & credit functions. Prior leasing experience pref. Salary with benefits. Send resume to: Sarah@Podiumfinancial.com
   

Sales Manager

   
Sales Manager
Costa Mesa, CA

Responsibilities include managing and directing marketing staff from solicitations through credit submission and doc signing.
Email: sltidland@goldenwestfinance.com
   

www.goldenwestfinance.com
subsidiary Citizens Business Bank

[headlines]

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

“Broker/Lessor” List is up-dated

(static list)

1+1 Funding, LLC Excellease, LLC New Way Leasing Corp.
1st Choice Leases Fairlease Nibarger Associates
1st Independent Leasing, Inc. Fidelity Leasing Nighthawk Leasing, LLC
1st National Capital Funding Financial Group, LLC Nolan Leasing & Financial, Inc.
42 North Structured Finance, Inc. First Financial Corp. Services, Inc. North American Capital
ABCO Leasing, Inc. First Fleet Corporation Northern Atlantic Financial
Access Capital Group First Equity Lending No. Shore Lsg & Funding Inc.
Accord Capital Group, Inc. First Leasing, Inc. NorthStar Funding Group
Advance Fin. Services of CA, Inc. First Opinon Leasing Northwestern Financial Corp.
Advantage Business Capital, Inc. First Prime Capital, LLC Odyssey Equipment Fin. Co.
Affiliated Financial Services F.I.T. Leasing Omega Commercial Funding
Affiliated Financial Services, LTD Five Point Capital, Inc. One World Leasing
Ajava Systems, Inc. FMC Leasing, Corp. Orion First Financial, LLC
Allco Finance Group Ford Financial Services, Inc. Overland Capital Corporation
Allleasing Fortran Group Internation, Inc. Pacifica Capital
Alliance Funding Group Fortress Financial Group PaddyMark
Alpine Leasing Fortune Financial, Inc. Paramount Fin. Services
Amano Business Credit Forum Leasing Park Western Fin. Corp.
American Capital Group FundGuard Partner Financial & Assoc., Inc.
American Equipment Fin. LLC Foundation Equipment Lease Pavilion Capital Leasing
American Financial Partners Fox Enterprises, LLC Pentech Financial Services, Inc.
American Industrial Leasing Co. Fralin Leasing, Inc. Performance Capital Corp.
American Investor Services Funding Well Capital, Inc. Pine Tree Financial Group
American Lesefund, Inc.
GCR Capital
Piper, Jaffray & Company
American Leasing, LLP GamePlan Financial, Inc. PMC Financial Services Group, LLC
Ameriquest Asset Services Genoa Financial Group, LLC Podium Financial Group, Inc.
Anchorage Leasing, Inc. Generation Leasing Premier Capital, LLC
Approved Financial Genesis Commercial Capital Principle Lsng & Fin., Inc.
Aquarious Capital Group Glendale Leasing Services Priority Leasing, Inc.
Ark Financial Company Global Capital Finance Providence Capital Fnd, LLC
Ascente Financial, Inc. Global Financial Group, LLC Quail Leasing Corporation
Atlas Small Business Finance Inc. Gold Creek Leasing, LLC R&K Financial Services, Inc.
Autrey Capital Group Golden West Financial Services Ramsgate Leasing
Aztec Financial, Inc. Goverment Leasing Co. Reliant Capital, Inc.
Bach Business Credit, Inc. GreatAmerica Leasing Corp. Republic Fleet Services
Bankers Capital Greenleaf Leasing Services, LLC Ritalia Funding, Inc.
Bankers Healthcare Group, Inc. GSF Advisors Robinson Brasswell Consulting Srvs
Baycap, Inc. Harbor Financial Services Rockford Capital Leasing
Baystone Financial Group Holbrook Capital Funding, LLC Saulsbury Hill Financial, LLC
Belvedere Equipment Finance Honor Capital Group, LLC SBC
Beneficial Capital Leasing, Inc. iBank Scottsdale Financial Services
Bision Commercial Leasing Corp. IME Seattle Leasing Company
Blue Street Capital, LLC Impact Leasing Solutions, Inc. Securities Equipment Lsg.
Bob New, Inc. Independent Equipment Company SFC Capital Group
Bridge Capital Leasing Independent Leasing Group Shamrock Equipment Financing
Burhill Financial Services Indian Ink, Inc. Sharpe Equipment Leasing, Inc.
C4 Capital Corporation Industrial Financial Services, Inc. Sierra Leasing Company
Can-World Finance Services Insight Financial Corporation Sierra Valley Leasing
Canfield Capital Corporation Insight Global Finance Smart Leasing Group
Capital City Leasing, Inc. Integra Leasing, Inc. Snider Leasing Corp
Capital Funding Group Integrity Leasing Solutions, Inc. Southern California Leasing
Capital Network Leasing Corp. International Lease Center, Inc. Southwest Credit
Carreden Capital Incorporated Kabot Commercial Leasing, LLC Specialty Funding Group
Carriage Capital Kenco Equipment Lease Company Spring Leasing Corp.
Caunty Bank Keystone Equipment Finance SSA Capital
CBC Group Kinetic Capital, LLC Strada Capital Corporation
CDR Equipment Leasing, Inc. Knightsbridge Capital Stoddard & Associates
CFI Accounts Services Lease Alliance LLC Straight Financial, Inc.
CFI Financial Services Lease Servicing Center, Inc. Sun State Capital Corp.
Charter Capital Lease2Loan, Inc. Tatonka Capital Corporation
Chase Industries, Inc. Leaseone Taycor Financial
Chesterfield Financial Corp. Leasewell Capital Solutions, LLC TEAM Equipment Leasing, Inc.
CJM Leasing Corp. Leasing Management Associates Techlease LLC
CK Leasing, LLC Leasing Options, LLC Technology Capital, Inc.
ClearView Financial, Inc. Lewis and Clark Leasing, Inc. TEQlease
Clune & Company LIA Tetra Corporate Services, Inc.
CMG Managment Services, LLC Lion Capital, LLC The National Companies
CNC Associates Manufacturers' Lease Plans TIP Capital
Cornerstone Capital Group Markay Financial Corporation Tommel Financial Services, Inc.
Corporate Capital Leasing Grp, Inc. Marquise Equipment Leasing Triad Leasing & Financial, Inc.
Corporate Leasing Associates Maverick Leasing Triangle Equipment Leasing
CPS Commercial Mortgage McCommon Leasing Company Trident Leasing Corporation
Cromwell Capital, LLC McKenzie Leasing & Finance
Trinex Capital
Cypress Financial Corp. McKey Financial Service, Inc. TriStar Capital, LLC
David Steed Company Mercer Financial Services TSS Financial
Dealers First Financial Inc. Meridian Finance Group Tucker Capital, Inc.
Dear Finance Group, LLC Merrow Business Solutions Tyler Glenn Company
DEBMAR Capital, LLC Mesa Capital, Inc. Union Equity Corp.
Denali Capital Corporation Mesa Financial Services, Inc. United Financial Services
Dimension Funding MidAtlantic Financial, Inc. United Lsng Assoc. of American, LTD
Discount Capital Midwest Equipment Capital, LLC United Leasing, Inc.
Diversity Capital Millennium Leasing & Financial Universal Equip. Lsng Co., LLC
DL Leasing, Inc. Moceri Leasing, Inc. VenCore Solutions, LLC
DLC Leasing Company Montana Commercial Credit, LLC. Vision Capital Corporation
Dooling Lease Management Corp. Montgomey Street Financial Warren Capital Corporation
eLease MPG Leasing West LP
Enable Capital Corporation Municipal Asset Management, Inc. Wildwood Financial Group, LTD
Ensign Capital Music Gear Capital Willamette Fin. Funding Srvcs, LLC
EPS Funding Group N-1 Technologies Willow Wood Group, LLC
EquiCapital National Technology Lsg, Corp. Wright Group, Inc.
Equipment Leasing Specialists, Inc. Nationwide Bus. Capital, LLC Young Electric Sign Company
Evergreen Leasing Partners, LLC Nationwide Funding  

To view the full list, with list that clicks to the company listing, please go here:
http://www.leasingnews.org/Brokers/broker_Lessor.htm

[headlines]

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

Steve Chriest is on vacation. The third part of his series: good coach, great coach and extraordinary coach will appear next Friday.

[headlines]

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

Personal Property Tax Administrative Fee

This is basically an interview with Scott Strauss, Executive Vice President, Tax Compliance, Inc.

Tax Compliance, Inc. (TCI) of San Diego, California is a software firm with a large national footprint and only one product: PTMS – the initials for its Property Tax Management System. PTMS handles all aspects of the property tax needs of lessors, such as banks, leasing companies, finance companies, and other corporations with personal and real property located throughout the United States.

Scott Strauss, TCI Executive Vice President, says, “approximately 95% of lessors that use a commercially available software system in-house for their personal property tax use PTMS. PTMS is also available to lessors through more than 40 outsource service providers licensed to use PTMS. PTMS interfaces seamlessly with all lease management and fixed asset software systems to produce personal property tax returns and pay the resulting tax bills. Since the lessor is the legal owner of its leased assets, the tax collector almost always looks to the lessor for payment of any personal property taxes levied on those assets.”

“Most equipment leases stipulate that the lessor shall pay such personal property taxes and that the lessee shall reimburse the lessor for such tax payment promptly upon request (invoicing) by the lessor. Some leases also stipulate that the lessor shall be entitled to a "tax administration fee" - in addition to reimbursement of the full amount of the property tax itself - to cover administrative and other costs associated with filing tax returns and paying tax bills on the leased assets. A tax administrative fee can offset inevitable losses sustained by the lessor as a result of lessee defaults and inability to collect taxes owed on terminated leases.”

“For those lessors that elect to charge a tax administration fee, TCI's PTMS offers the option to charge: (1) a flat fee per asset or per lease; or (2) a lessor-defined percentage of the tax amount, with the further option of imposing a minimum and maximum fee limit. Once the parameters are set, this fee is automatically applied and billed to the lessee as part of the tax reimbursement process."

Leasing News asked Mr. Strauss how this worked:

"In those instances in which the lessor is reluctant to apply such a fee without express contractual authority, it is suggested one or two lines be added to the lease agreement stipulating that the lessor shall be entitled to a specified fee (in addition to reimbursement for taxes advanced) to cover its cost of administering and advancing payment of personal property taxes on behalf of the lessee for the leased assets.”

"The process of obtaining the lessee's approval for the fee should be included in the signing of the lease contract itself. We recommend a short paragraph detailing the many complex steps involved in the filing and payment of personal property taxes, together with a brief explanation of possible penalties for non-compliance, followed by an offer from the lessor's agent to undertake the responsibility for tax compliance in return for the payment of a modest (specified) annual fee to be apportioned monthly on the lessee's rental invoice.”

"The applicant can then be given the option to ‘check this box if you wish to be responsible for this task yourself'. Properly presented with a truly modest fee, the overwhelming majority of lease applicants will opt to compensate the lessor for handling the property tax compliance on their leased assets. Those few lessees that might balk at signing, can be individually flagged as exempt from such fee in our software."

"The tax administration fee along with the estimated property tax (both calculated by PTMS) can be divided into 12 installments and billed monthly on the lessee's rental invoice. Monthly payments of estimated tax and the tax administration fee can be impounded by the lessor pending receipt of the next tax bill. A true-up of each tax estimate can be made when the actual property tax bill is received with an adjustment applied to the lessee's account. Interest earned on impounded funds could be allocated as determined by the lessor."

Strauss added in closing, “Such a graduated method of invoicing for the property tax and the tax administration fee has the added benefit for the lessor of avoiding the ‘sticker shock effect' for the lessee associated with receipt of the annual tax bill and tax administration fee in one lump sum.”

Scott Strauss
Executive Vice President
Tax Compliance, Inc.
10200-A Willow Creek Road
San Diego, CA 92131
Phone: 858-547-4100 x316
Fax: 858-547-4101
http://www.taxcomp.com/

[headlines]

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

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

Back Office Companies

Advance Property Tax Compliance Group 88 Systems, Inc. Phoenix Leasing Portfolio Srvcs., Inc.
Barrett Management Corp. JDR Solutions Portfolio Financial Servicing Co.
ECS Financial Services LeaseDimensions, Inc. U. S. Bank Portfolio Services
Globaltech Portfolio Services OutSourcing Solutions Group, LLC  

Rank

Company Name
Year Founded

Web site

Employees

CEO

Additional Services Offered

Yearly Volume

Region

Major Clients

1
Portfolio Financial Servicing Company (f)
1992
www.pfsc.com
150
Jerry Hudspeth
App Entry, credit scoring, Documentation, remittance processing, sales and property tax services, UCC, Titling, Collections, Cust Servic lease and loan accounting
N/A
United States
Contact us for client list
2
U.S. Bank Portfolio Services
1994
www.usbank.com (h)
135
Joe Andries
Document preparation, UCC Filing, Titling, Insurance Tracking, Customer Service, Collections, AR, AP, Sales & Property Tax Management, General Ledger Tracking, and Reporting.
N/A
United States
Contact us for client list
3
Phoenix Leasing Portfolio Services, Inc., a subsidiary of Phoenix American Inc. (d)
1972
plpsi.com
105
Gus Constantin
Documentation, remittance processing, sales and property tax services, lease and loan accounting, default management
N/A
United States
Contact us for client list
4
LeaseDimensions, Inc.
1995
www.leasedimensions.com
35
Bill Allen
Third Party Back-Office Servicing
Origination Servicing
Data Conversions & Systems Consulting
ASP Lease Administration & Origination
Back-up Servicing
N/A
US / Australia
Third Party Servicing and ASP Clients include 6 Fortune 500 Companies. Other clients are bank lessors, captive finance companies and independent lessors 
5
GlobalTech Portfolio Services
2000
globaltechfinancial.com
22
Carolyn
H. Byrd
Collections, Sarbanes-Oxley Consulting, Business Process Consulting, IT Security Consulting
N/A
National
Coca-Cola Financial Corporation, Affiliated Computer Services, Optimus Financial Services.
6
JDR Solutions (c)
2001
jdrsol.com
12-15
John Schaffner
(ASP) lease management software hosting, portfolio servicing, project management, consulting
N/A
International
Major manufacturing captive finance organizations, regional bank leasing company, specialty finance organization. 3,500-5,00 contracts managed.
7
Group 88 Systems Inc. (b)
1982
group88.com
10
Malcolm Tennant
IT Consulting,
Implementations, Migrations,
Data Conversions,
Custom Reporting,
Oursourced System Support

N/A
National
Confidentiality Agreements
8
Advanced Property Tax Compliance
2004
www.avptc.com
10
Gary A. DiLillo
Property Tax Complience
N/A
National
(G)
9
Barrett Management Corporation (a)
1975
barrettcapital.com
8
Barry Corn
N/A
10-20M
National
Financial Institutions; not permitted to disclose names
10
ECS Financial Services (e)
(formerly Edwin C. Sigel , Ltd.)
1962
ecsfinancial.com
N/A
Nancy A. Geary,
CPA, CLP 
Certified Public Accountants and Portfolio Management Services
N/A
N/A
N/A
11
OutSourcing Solutions Group, LLC.
2000
osgsolutions.com
N/A
Matt Mcfarland
Property Tax Administration, Sales and Use Tax Administration, and Property Tax Consulting
N/A
N/A
N/A

(a) Barrett offers proactive lease management/administration of commercial/consumer vehicles and lease/finance portfolios, covering insurance, titles, registrations, sales/property taxes, tickets, collections, repossessions, vehicle transportation and dispositions. Since 1975.


(b) Group 88 is a business partner of McCue Systems Inc, maker of LeasePak. With over 20 years supporting major firms in the leasing industry, Group 88 provides data conversions, system implementations, custom software development and outsourced system support.


(c) JDR Solutions, LLC., based in Indianapolis, Indiana provides back office lease/loan administration services and hosting of related accounting and portfolio management software.

Under a preferred partnership arrangement with International Decision Systems (IDS), JDR Solutions offers its "Managed Service" solutions utilizing the robust capabilities od Infolease and related software applications. JDR will soon offer IDS's next generation software, Profinia, in a hosted environment.

For more information about JDR Solutions, visit www.jdrsol.com or call:

Paul Henkel, Director of Marketing
317-251-5352 X7201
paul.henkel@jdrsol.com


(d) We also offer specialized programs for banks which want to start their own leasing operations and for vendors who want to find financing or act as lessor for their customers. We also act as a broker for end users looking for commercial equipment financing.

Sincerely,
Sharon Litwin
Vice President
Phoenix Leasing Portfolio Services, Inc.
2401 Kerner Boulevard
San Rafael, CA. 94901
(800) 227-2626 ext. 4637
slitwin@phxa.com


(e) ECS Financial Services, Inc. is one of only a few CPA firms in the United States that specializes in providing portfolio management, accounting, tax and management advisory services to the equipment leasing industry.  ECS Financial provides lease management services including accounts receivable billing and collections, preparation of monthly lease income and residual schedules, book and tax depreciation tracking, as well as guidance and a variety of useful management reports to assist management in making sound financial decisions.  ECS Financial offers accounting and financial statement compilation, review and audit services, as well as multiple state sales tax preparation, federal and state income tax return preparation, and personal property tax preparation and tracking.  Our lease management team of accountants and tax specialists are experienced in providing quality professional service in the management of lease portfolios, and their efforts are enhanced by the state of the art, industry-specific software we utilize.

ECS Financial serves clients throughout the United States .

The name has changed, but the quality service remains the same!
_______________________
Nancy A. Geary, CPA, CLP
Partner
ECS Financial Services, Inc.
Certified Public Accountants and Portfolio Management Services
ngeary@ecsfinancial.com
847-291-1333 phone
847-291-1190 fax
www.ecsfinancial.com


(f) PFSC is the largest independent commercial lease and loan-servicing company is the U.S. and is headquartered in Portland , Oregon .  PFSC provides primary/master servicing, backup/successor servicing, and consulting for lease and loan portfolios.  It currently manages over $14.0 billion in assets.  More information can be found at www.pfsc.com.


(g) Advanced Property Tax Compliance Major Clients: LaSalle System Leasing, Evans Leasing, Summit Funding, Merrimak Capital, IFC Credit, Highland Capital, Telerent Leasing, Main Street National Bank, Blackstone Capital, SolarCom World Holdings, Bayer Healthcare, Altec Capital, Alabama Banker's Bank, Outsource Lease, Vision Financial, VenCore Solutions, Aztec Financial, Davel Communications

(h) U.S. Bank Portfolio Services provides third party solutions and back-up/successor servicing.  Third party clients are able to focus on core competencies and avoid the expenses of creating a back office environment by outsourcing their servicing platform.  U.S. Bank Portfolio Services adds security and protection as a back-up service provider with the ability to convert any portfolio in seamless manner through advanced preparation.  

[headlines]

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

Study: More IT Executives Turning to Leasing

ELTnews

Procuring IT equipment through leasing is one option to better manage technology assets, according to a poll of senior IT executives conducted at Forsythe Technology's 2006 Executive Customer Council.

The survey found that 38% of participants report that simplifying technology refresh is one of the most compelling reasons to lease IT solutions.

"Even companies with substantial cash reserves discover there are better ways to use that cash than tying it up in depreciating assets such as IT equipment," said John Carcone, senior vice president of financial services at Forsythe.

"As interest rates increase and money gets more expensive, it's important to determine the best method for acquiring and financing needed IT equipment," Carcone added. "One option is leasing, which matches the company's financial commitment and internal useful life projection, plus provides fixed scheduled payments to simplify expense budgets, offers a hedge against rising interest rates, protects businesses from inflation and allows companies to project future cash outlays with greater accuracy."

The survey also found that IT executives continue to have issues with estimating the useful life of IT equipment and matching it to business goals. Seventy-five percent of respondents said that the estimated useful life of technology is the most important factor they use in determining IT investment decisions, but almost half (45%) say they inaccurately project the useful life at least 40% of the time.

"Working with a trusted advisor that understands technology lifecycles and provides flexible terms for upgrading and refreshing equipment can help companies make proper procurement decisions," Carcone said.

Twenty senior IT managers from a broad range of companies representing nearly $130 billion in aggregate revenue in the industry were surveyed during Forsythe Technology's 2006 Executive Customer Council.

CONTACT:

Kyra Auslander
Forsythe
Phone Number: 847-213-7178
E-mail: kauslander@forsythe.com

[headlines]

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

News Briefs----

Fed Raises Rates, but Scales Back Talk of Inflation
http://www.nytimes.com/2006/06/30/business/30fed.html?_r=1&oref=slogin

Economy Growth Boils, but May Be Cooling
http://www.washingtonpost.com/wp-dyn/content/article/
2006/06/29/AR2006062900620.html

Senate backs Paulson for Treasury
http://www.boston.com/business/globe/articles/2006/06/29/
senate_backs_paulson_for_treasury/

Smallest economy car yet heads for US market
http://www.boston.com/business/articles/2006/06/29/
smallest_economy_car_yet_heads_for_us_market/

Office 2007 Delayed Again
http://www.internetnews.com/bus-news/article.php/3617386

The system lets consumers use their Google account to purchase products on the Web.
http://www.siliconvalley.com/mld/siliconvalley/14930150.htm

[headlines]

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

You May have Missed---

Stolen laptop recovered; FBI says vets' data wasn't accessed
http://www.siliconvalley.com/mld/siliconvalley/14927237.htm

[headlines]

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

“Gimme that Wine”

Legendary vintner Al Brounstein dies
http://www.sthelenastar.com/articles/2006/06/29/news/local/iq_3495204.txt

Fine whine
The sound of NASCAR's engines brings wine marketers running
http://sfgate.com/cgi-bin/article.cgi?f=/c/a/2006/06/29/WIG3RJL3G11.DTL

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

[headlines]

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

Restaurant Review

Whaling Station, Monterey, CA

763 Wave St.
Monterey, Ca. 93940
Tel: 831-373-3778
Fax: 831-373-2460
website: www.restauranteur.com/whalingstation/

John Pisto is a very popular chef and restaurant owner who started out in a small place on the wharf. He now even has a television show. He appears to be on every hour in Monterey on some station (you can see for yourself here).

The website does not give the restaurant justice. You can learn more by going to www.pisto.com. But even this website detracts from the fact the food is great, the wine list is reasonably priced and very good, and the service is always top notch.

His Delmonico's on the Wharf has excellent seafood and a great wine list. Paradiso's has a view of the water and is a fun place with great food.

Albonetti's in on the wharf, with fresh sea food; small, inexpensive.

I don't know why he promotes steak and beef here and the Whaling Station... It could be because he is located next door to the Sardine Factory. His fish and pasta are excellent. His homemade olives are superb. The restaurant is most worthy to be next to the more famous Sardine Factory.

While John Pisto is more an "executive chef," he is very active overseeing the restaurants.

We were fortunate to have lunch here recently with the Chaine des Rotisseurs, in which he is a member. He was the chef, and made the world's largest Tiramusu. We hope to have a picture of it someday on the site.

Click here to view a copy of the menu we recently enjoyed.

Here is a copy of a menu we picked up while we were there.

Page 1 - Soups, Salads, and Appetizers
Page 2 - Pasta and Seafood Entrees
Page 3 - Steaks
Page 4 - Map

(for other reviews: please go here:

http://two.leasingnews.org/Recommendations/rstrnt.htm 0

[headlines]

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

Calendar Events This Day

Congo (Democratic Republic of the) Independence Day
National holiday. The Democratic Republic of Congo was previously known as Zaire. Commemorates independence from Belgium in 1960.

Guatemala: Armed Forces Day
Public Holiday

Sky Day

Sudan: Revolution Day
National holiday. Commemorates a bloodless coup in 1989.

[headlines]

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

Today's Top Event in History

    1906-The Pure Food and Drug Act was passed. It prohibited the sale of adulterated foods and drugs and demanded an honest statement of contents on labels. Dr. Harvey W. Wiley was mainly responsible for pointing up the necessity for this act. On the same day a Meat Inspection Act was passed by Congress. It was the result of the Reynolds and Neil report of June 4, which revealed shockingly unclean conditions in meat-packing plants. The Meat Inspection Act required sanitary conditions and federal inspection for all plants in interstate commerce.

[headlines]

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

This Day in American History

    1629-- The settlers of Salem, Mass. appointed Samuel Skelton as their pastor, by ballot. Their church covenant, afterward composed by Skelton, established Salem as the first non-separating congregational Puritan Church in New England. They had arrived on June 27 as the first settlers of Massachusetts Bay Colony, entering Salem Harbor. Led by John Winthrop, they were 900 strong, and arrived in five ships.
    1812-The Treasury notes bearing interest were authorized by an act of Congress. The president was authorized to issue treasury notes to an amount not exceeding $5 million. The interest was fixed at “five and two-fifth per centum a year.”
    1859- Conquest of Niagara Falls. Charles Blondin, a French acrobat and aerialist (whose real name was Jean Francois Gravelet), in view of a crowd estimated at more than 25,000 persons, walked across Niagara Falls on a tightrope. the walk required only about five minutes. On separate occasions he crossed blindfold, pushing a wheelbarrow, carrying a man of his back and even on stilts. Blondin was born Feb. 28, 1824, at St. Omer, France, and died at London, England, Feb. 19, 1897.
    1863-the first civil War bloodshed north of the Mason-Dixon Line was a battle that took place between Brigadier General Judson Kilprick's 3 rd Cavalry Division, Army of the Potomac, and Major General James Ewell Brown Stuart's Cavalry Division, Army of Northern Virginia, at Hanover, PA. About 11,000 troops were in this cavalry and artillery engagement, which resulted in more than 300 casualties. The battle was one of the determining factors that enabled the North to win the battle at Gettysburg, PA, in July, 1863.
    1864-Congress levied a system of placing stamps on each package of cigarettes to indicate payment of tax.
    1864-Salmon P. Chase resigned from the Senate in 1861 to become the 25th Secretary of the Treasury as the Civil War began. He served for President Lincoln in that capacity from March 7, 1861 until June 30, 1864. when he again resigned. He helped build and establish the National Banking System in 1863, was not in favor of paper money without "tender." As a note of trivia, he was a very religious man and it was at his demand that paper and coin have printed on it:
“In God we trust.” Never truly accepting his defeat at the 1860 Republican National Convention, throughout his term at the Treasury department Chase repeatedly attempted to curry favor over Lincoln for another run at the Presidency in 1864. Chase had attempted to gain leverage over Lincoln three previous times by threatening resignation (which Lincoln declined largely on account of his need for Chase's work at Treasury), but with the 1864 nomination secured and the financial footing of the United States Government in solid shape, in June 1864 to Chase's great surprise Lincoln accepted his fourth resignation offer. Partially to placate the Radical wing of the party following the resignation, however, Lincoln mentioned Chase as an able Supreme Court nominee. Several months later, upon Roger B. Taney's death in 1864 Lincoln nominated him as the Chief Justice of the United States, a position which Chase held from 1864 until his death in 1873. In great contrast with Taney, shortly after taking office Chase allowed the first African-American attorney to gain admittance to practice before the Court.
http://en.wikipedia.org/wiki/Salmon_P._Chase
http://www.let.rug.nl/usa/B/spchase/chase03.htm
    1864--President Abraham Lincoln signed the Yosemite Land Grant, Senate Bill 203. The legislation provided California with 39,000 acres of the Yosemite Valley and the nearby Mariposa Big Tree Grove "upon the express conditions that the premises shall be held for public use, resort, and recreation."
http://memory.loc.gov/ammem/today/jun30.html
    1870-The first law school graduate who was a woman was Ada H. Kepley of Effingham, IL, who was graduated from the Union College of Law, Chicago, IL.
    1879-The first electric company organized to produce and sell electricity was the California Electric Light Company, San Francisco, CA, organized this day. In September, 1879, it furnished current from a central generating station for light Brush arc light lamps.
    1896-The first eclectic stove was a one-ring spiral-coiled conductor invented by William S. Hadey, Jr. of New York City, who obtained a patent this day. It provided a uniform surface distribution of heat.
    1906-The Pure Food and Drug Act was passed. It prohibited the sale of adulterated foods and drugs and demanded an honest statement of contents on labels. Dr. Harvey W. Wiley was mainly responsible for pointing up the necessity for this act. On the same day a Meat Inspection Act was passed by Congress. It was the result of the Reynolds and Neil report of June 4, which revealed shockingly unclean conditions in meat-packing plants. The Meat Inspection Act required sanitary conditions and federal inspection for all plants in interstate commerce.
    1906-- John Hope becomes 1st black president of Morehouse College. He also became president of Atlanta University.
http://www.georgiaencyclopedia.org/nge/Article.jsp?id=h-855
    1909—The first delivery of the coin bearing the likeness of a president was delivered to the Cashier of the Mint, and distribution began on August 2. The coin bore a likeness of President Abraham Lincoln, designed by Victor David Brenner and based on a photograph taken in 1864 by Mathew B. Brady. The coinage began at the Mint in Philadelphia, PA.
    1912-Birthday of Daniel Farrell (Dan) Reeves, Pro Football Hall of Fame executive, born at New York, NY. The heir to a chain of grocery stores, Reeves purchased the Cleveland Rams of the NFL in 1941. The team won the NFL title in 1945 but faltered financially. Reeves got the approval of his fellow owners to move the franchise to Los Angeles, the first major league team in any sport to play on the West coast. The Rams survived a challenge from the AAFC while Reeves broke the league's color barrier and pioneered the use of television. Inducted in the Pro Football Hall of Fame in 1967. Died at New York, April 15, 1971.
    1917—Actress, singer, legendary personality Lena Horne born in Brooklyn, New York. She began her career at 16 as a chorus girl at the Cotton Club in Harlem, appeared in the movies Cabin in the Sky and Stormy Weather & has Broadway career culminating in her one woman show. Horne was a strong civil rights advocate, refusing to perform in clubs where African-Americans were not admitted and marching during the civil rights movement in the 1960s.
http://www.imdb.com/name/nm0395043/
http://www.geocities.com/bourbonstreet/delta/6424/lenacoverf.html
http://www.pbs.org/wnet/americanmasters/database/horne_l.html
    1921-The first former president to become chief justice of the Supreme Court was William Howard Taft, who was appointed chief justice on June 30, 1921. he resigned on February 3, 1930, a few weeks before his death.
    1922--Fiddlers Eck Robertson and Henry C. Gilliland made what are believed to be the first discs ever recorded by Southern country musicians. Following a Confederate reunion in Virginia, Robertson and Gilliland, dressed as Western plainsmen, traveled to New York. They recorded six titles for the Victor Company, some of which were released in April 1923.
    1930-Catholic saints who were active in North America were canonized in a three-day celebration commencing this day. Each of those canonized was credited with having performed two miracles and having met a heroic death. Among them were two laymen, Rene Gloupil and John Lalande, and six Jesuit priests: Isaac Jogues, John De Brebeuf, Noel Chabanel, Anthony Daniel, Gabriel Lalemant, and Charles Gamier. The Pontifical Mass was calibrated at the Vatican by Archbishop Forbes of Ottawa, Canada.
    1934-Emperor Norton I reburied in Woodlawn Cemetery, Colma by citizens of San Francisco, including The Ancient and Honorable Order of E Clampus Vitus. Norton I was buried January 10, 1880 at Masonic Cemetery. The funeral cortege was two miles long. 10,000 people turned out for the funeral. Masonic Cemetery which was located between Turk, Fulton, Parker and Masonic Streets on what is today parts of the University of San Francisco. The cemetery was moved to the Woodland Memorial Park in Colma, San Mateo County. During the period from 1852 to the mid 1940s the Big Four cemetery neighborhoods, Laurel Hill, Calvary, Masonic and Odd Fellows, covered Laurel Heights, Jordan Park and Long Mountain, and were moved, 5,600 alone from the Masonic Cemetery, including Emperor Norton I (35,000 from Laurel Hill to Cypress Lawn) as wells as Jewish, Greek, and others 1800's small cemeteries.
http://www.zpub.com/sf/history/nort.html
http://www.sfgenealogy.com/sf/history/hcmmas.htm
http://www.sfhistoryencyclopedia.com/articles/c/cemeteries.html
http://www.sanfranciscocemeteries.com/masnmap.html
http://www.notfrisco.com/nortoniana/index.html
http://www.knauer.org/mike/discordia/norton.php
http://en.wikipedia.org/wiki/Joshua_A._Norton
http://www.emperornortonbridge.org/story.html
    1936-Congress enacted the first 40 hour work week, primarily for “workers on government contracts,” with the requirement of compensation of overtime over in excess of over eight hours each day. The act was known as the Walsh-Healy Act.
    1936 --Folksinger Dave Van Ronk born in Brooklyn, NY; nicknamed the "Mayor of MacDougal Street." He was a pioneer of instrumental ragtime guitar, as well as an early supporter of Bob Dylan and Joni Mitchell, among many others. Van Ronk was very influential on the music scene in New York City in the 1960s.Died February 10, 2002.
http://en.wikipedia.org/wiki/Dave_Van_Ronk
    1939 - Frank Sinatra made his first appearance with Harry James' band. Sinatra was center stage at the Hippodrome Theatre in Baltimore, MD, where he sang My Love for You. He was a winner of a very popular radio show talent show, similar to today's "American Idol."
    1942 - The temperature at Portland, OR, hit 102 degrees, an all-time record for that location.
    1946-The first atomic bomb dropped from an airplane was released from Dave's Dream, an Air Force B-29 Superfortress over the Bikini Lagoon in the Pacific Ocean.
    1948-The transistor was invented at he Bell Telephone Laboratories, Murray Hill, NY by John Bardeen, Walter Houser Brattain, and William Schockley. The first demonstration took place this day. The essential element of the device was a tiny waver of germanium, a semiconductor. Transistors perform the same functions as vacuum tubes, but occupy a fraction of the space and operate on greatly reduced amounts of power. The three inventors shared the Nobel Prize for physics in 1956. The transistor enabled the growth of the electronic industry.
    1943--Florence Ballard of the Supremes was born in Detroit. The three original Supremes - Ballard, Diana Ross and Mary Wilson - grew up together in a housing project. Through a friendship with members of the Temptations, the trios, then calling themselves the Primettes, were introduced to Berry Gordy, who signed them to Motown in 1961. It was Florence Ballard who suggested a change of name for the group - to the Supremes. It wasn't until their 10th single, "Where Did Our Love Go," in 1964 that the Supremes hit the top of the charts. Other number-one records for the Supremes that year included "Baby Love" and "Come See About Me." Diana Ross gradually emerged as the star of the group, and this and other problems led to Florence Ballard's departure from the Supremes in 1967. She later sued Ross and Berry Gordy, alleging she had been forced out of the group. Ballard lost the suit, and when she died three years later of cardiac arrest at the age of 32, she and her three children were living on welfare.
    1948-The Federal Communication department authorized telephone recording devices that produced a distinctive “beep” signal at regular intervals, to let those taking part in the conversation known that their voices were being recorded. Recording devices had been used previously by government and business.
    1948-Congress enacted the Water Pollution Control Act, which took effect this day. It provided funds for sewage treatment systems and pollution research and empowered the Justice Department to file suit against t polluters.
    1948- Canadian folk and country singer Murray McLauchlan was born in Paisley, Scotland. Brought to Canada at age five, McLauchlan began his career in coffee houses in Toronto's Yorkville district when he was 17. The success of his "Farmer's Song" in 1973 resulted in the first of his annual concert tours across Canada, and appearances in the US. "Farmer's Song," which won a gold record award for sales, also gave McLauchlan Juno Awards in 1973 for best folk single, best country single and composer of the year. He also won Junos in 1976, '77 and '79 for best male country singer.
    1949---Top Hits
Some Enchanted Evening - Perry Como
Again - Gordon Jenkins
Bali Ha'i - Perry Como
One Kiss Too Many - Eddy Arnold
    1950-A naval blockage of the Korean coast and the use of U.S. ground forces were authorized by President Harry S. Truman. the president had received the approval of Congress and the UN Security Council on June 27 to order US forces to South Korea to repel the North Korean invasion. While the war was to halt the invasion of communists, it was very unpopular in the United States and with inflation, the high deficit, Truman's popularity was at an old time low. On July 1, the first U.S. ground forces land in Korea, August 4, US. Army calls up 62,000 enlisted reservists for 21 months of duty, and September 8, emergency powers over the entire national economy were granted to President Truman under the Defense Production Act.
    1951-Rock and jazz bass player Stanley Clarke was born in Philadelphia. Following stints with such well-known jazz artists as Art Blakey, Gil Evans and the Thad Jones-Mel Lewis Orchestra, Clark and pianist Chick Corea formed a jazz-rock group called Return to Forever in 1972. The group's albums were popular, but Return to Forever disbanded in 1976. Clarke joined Rolling Stones guitarists Keith Richards and Ron Woods in 1979 for a North American tour as the New Barbarians. Among their appearances were two charity concerts for the blind in Oshawa, Ontario. The concerts were in lieu of a jail sentence for Richards on heroin possession charges.
http://en.wikipedia.org/wiki/Stanley_Clarke
http://www.stanleyclarke.com/frontpage.htm
    1952 - No. 1 Billboard Pop Hit: "Delicado," Percy Faith Orchestra.
    1953-The first sports car with a plastic laminated fiberglass body was the Chevrolet Corvette, produced this day at Flint, MI, by the Chevrolet Motor Division of the General Motors Corporation. The list price was $3,250, including a 1953 power glide automatic transmission as standard equipment. The car was only 333 inches at the door (body height), 70 inches wide, and 167 inches long on a 102 inch wheelbase. Its curb weight was approximately 2,900 pounds. It was the “hottest” car of the generation, before foreign sports cars overtook its sleekness and speed.
    1956-The first airline disaster involving more than 100 persons occurred when a Trans World Airlines Super constellation on route from Los Angeles to Kansas City collided with a united Air Lines DC-7 traveling from Los Angeles to Chicago and Newark. The accident took place over the Grand Canyon in Arizona. There were 128 deaths.
    1965-The first hotel built over a pier was the Flagship Hotel, Galveston, Texas. The hotel containing 240 rooms, was built on a pier 1,500 feet long and 340 feet wide, extending into the Gulf of Mexico.
    1957---Top Hits
Love Letters in the Sand - Pat Boone
Teddy Bear - Elvis Presley
It's Not for Me to Say - Johnny Mathis
Four Walls - Jim Reeves
    1961--- Whitey Ford becomes the first pitcher in American League history to win eight games in one month. 'Slick's' complete-game 5-1 victory over the Senators is the Yankees' 22nd win in June.
    1962 - Los Angeles Dodger, Sandy Koufax, pitched his first no-hitter in a game against the New York Mets. Koufax would throw three more no-hitter games before retiring in 1966.
    1965---Top Hits
Mr. Tambourine Man - The Byrds
(I Can't Get No) Satisfaction - The Rolling Stones
Wonderful World - Herman's Hermits
Before You Go - Buck Owens
    1966-The National Organization for Women (NOW) was founded at Washington, DC, by people attending the Third National Conference on the Commission on the Status of Women. NOW's purpose is to take action to bring women into full partnership in the mainstream of American society, exercising all privileges and responsibilities in equal partnership with men.
www.now.org
    1966—Birthday of Louis Raymond (Louie) Agular, football player, born, Livermore, CA.
    1966 - The Supremes make the studio recording of "You Keep Me Hangin' On." The song tops Billboard's Hot 100 for two weeks and R&B singles chart for four weeks.
    1970—Riverfront Stadium Opens. The Cincinnati Reds opened their new home, Riverfront Stadium, with a game against the Atlanta Braves. 51,050 fans packed the new park, but Henry Aaron hit a home run for Atlanta in the first inning, and the Braves won, 8-2. Riverfront Stadium later became known as Cinergy Field.
    1971 - The United States Supreme Court ruled that the "Pentagon Papers," documents on American involvement in the Vietnam War, could be published; the Nixon government had tried to suppress them.
    1971 - The 26th Amendment to the Constitution, lowering the minimum voting age to 18, was ratified as Ohio became the 38th state to approve it.
    1972 - The entire state of Pennsylvania was declared a disaster area as a result of the catastrophic flooding caused by Hurricane Agnes, which claimed 48 lives, and caused 2.1 billion dollars damage.
    1973---Top Hits
Give Me Love (Give Me Peace on Earth) - George Harrison
Will It Go Round in Circles - Billy Preston
Kodachrome - Paul Simon
Don't Fight the Feelings of Love - Charley Pride
    1974 - "Jaws'" famous July 4th scene was filmed. Until Steven Spielberg was satisfied, a crowd of 400 screaming, panicking extras in bathing suits ran from the water.
    1974 - Mrs. Alberta King, mother of the late Martin Luther King, was assassinated during a church service The murder happened as she sat at the organ in the Ebenezer Baptist Church in Atlanta. The Rev. Martin Luther King, Sr., struck by the violent deaths of his two sons and by the tragic death of his wife Alberta, said at her funeral service on July 3, “I cannot hate any man.”
http://www.religioustolerance.org/chu_viol1.htm#at
    1974 - No. 1 Billboard Pop Hit: "Rock the Boat," The Hues Corporation.
    1978-Willie McCovey of the san Francisco Giants became the 12 th player in major league history to hit 500 home runs. His milestone blast came off pitcher Jamie Easterly of the Atlanta Braves, but the Giants lost, 10-25
    1981---Top Hits
Bette Davis Eyes - Kim Carnes
A Woman Needs Love (Just like You Do) - Ray Parker Jr. & Raydio
The One that You Love - Air Supply
Blessed are the Believers - Anne Murray
    1985 - After 4,625 performances, Yul Brynner left his role as the King of Siam in "The King and I." The show had run at the Broadway Theatre in New York City, on and off, for over 34 years. Less than four months later, Brynner was dead of lung cancer at the age of 65. Brynner had opened in "The King and I" on Broadway in 1951. He also starred in the 1956 movie version.
    1985 - For the 13th time since 1972, the world's official timekeeping atomic clock counted off one extra second at 23:59 Greenwich Mean Time, or UCT, Universal Coordinated Time, (7:59:59 p.m. in New York). The leap second was compensation for the gradual slowing down of the Earth's rotation.
    1985 - No. 1 Billboard Pop Hit: "Sussudio," Phil Collins.
    1987 - Hot weather prevailed in the Pacific Northwest, with readings above 100 degrees reported as far north as southern British Columbia. Yakima, WA, reported a record high of 100 degrees, while temperatures near the Washington coast hovered near 60 degrees all day. Thunderstorms prevailed from southwest Texas to New England. Thunderstorm winds gusting to 100 mph at Gettysburg, PA, killed one person. High winds and large hail caused more than five million dollars damage to property and crops in Lancaster County, PA.
    1989 - Winnfield, LA, reported 22.52 inches of rain in three days, and more than thirty inches for the month, a record for June. Shreveport LA received a record 17.11 inches in June, with a total for the first six months of the year of 45.55 inches. Thunderstorms also helped produce record rainfall totals for the month of June of 13.12 inches at Birmingham AL, 14.66 inches at Oklahoma City, OK, 17.41 inches at Tallahassee FL, 9.97 inches at Lynchburg, VA, and more than 10.25 inches at Pittsburgh, PA. Pittsburgh had also experienced a record wet month of May.
    1989---Top Hits
Satisfied - Richard Marx
Buffalo Stance - Neneh Cherry
Baby Don't Forget My Number - Milli Vanilli
I Don't Want to Spoil the Party - Roseanne Cash
    1994 - The U.S. Figure Skating Association stripped Tonya Harding of the 1994 national championship and banned her from the organization for life for an attack on rival Nancy Kerrigan.
    1995-- At the Metrodome, Indians' designated hitter Eddie Murray collects his 3000th career hit off Mike Trombley to become the 20th player to accomplish the feat. 'Steady Eddie' joins Pete Rose as only the second switch-hitter to reach the milestone.
    1995-- Garth Brooks buried a copy of his album "The Hits" beneath his star on the Hollywood Walk of Fame. It was the first object to be preserved underneath the walk.
    1996 - Neil Young premieres his album, "Broken Arrow" via the Internet. The album is slated for release on July 2, two days after its technologically advanced premiere.
    1998 - Linda Tripp, whose tape-and-tell friendship with Monica Lewinsky spurred a White House crisis, spent six hours testifying before a grand jury in Washington. Her revelations were about to almost bring down the presidency of the United States.
    1998 --With an eighth-inning homer against the Diamondbacks, Cubs' slugger Sammy Sosa extends his major league record for home runs in a month, hitting his 20th round-tripper in June.

[headlines]

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

Baseball Poem

God Protects Fools with Curveballs

Going after her
Was chasing
A bad pitch,
A sharp curve
That tailed off
Into the dirt,
Evaded the end
Of my whirling bat.
Thank goodness
I only looked stupid
On the first strike.

Touching All Bases
Poems from Baseball
Tim Peeler
www.mcfarlandpub.com

[headlines]

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

SuDoku

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

http://leasingnews.org/Soduku/soduko-main.htm

[Headlines]

Ten Top Stories each week chosen by readers (click here)
Top Stories chosen by editor Kit Menkin (chronological order)