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Leasing Sales Manager

Develop & lead sales force in a fast track
company. Our phenomenal growth provides this great opportunity, 5+ years exper. working w/brokers. Relocate to beautiful
San Antonio, Texas. resumes@swcreditlender.com

Wednesday, October 19, 2005

Headlines---

Classified Ads --- Job Wanted
    Alexa Ranks Leasing Association Web Sites
        Top Ten Stories --- October 10-14, 2005
Leasing Association Meetings Open to Non-Members
    Sales Make It Happen
        Classified Ads --- Help Wanted
Creekridge Capital announces new leasing agreements
    Pioneer Capital Announces Launch of New Credit Program
        Key Equipment Finance Names CFO
Key Equipment Finance Names VP of Global Business Development
    U.S. Bancorp Equipment Finance, Inc. Names VP and CFO
        Today's Top Event in History
            This Day in American History

######## surrounding the article denotes it is a "press release"

 

Classified Ads --- Contract Administrator & Credit

Contract Administrator

New York, NY.
10+ years in equipment leasing/secured lending. Skilled in management & training, documentation, policy and procedure development & implementation, portfolio reporting. Strong work ethic.
Email: dln1031@nyc.rr.com

Portland, OR.
6+ years small ticket leasing/financing. Documentation/funding
Policy development &implementation, management &training, process mapping, customer service, broker, vendor, portfolio experience.
Email: susanc777@hotmail.com

Credit

Atlanta, GA.
10 yrs experience in credit/collections/recovery/documentation in the leasing industry. P&L responsibility, team builder & strong portfolio mgnt skills.
email: mortimerga@adelphia.net

Boston Ma.
Challenging position where my skills, professional experience, organization, leadership, strategic thinking, creativity, energy, passion, competitive nature will enable me to define opportunities and personal development.
Email: bernd.janet@verizon.net

Corona, CA.
VP credit Consumer Credit prime/sub prime Auto lending/leasing/mortgages. 20+yrs exp. If you are looking for someone to affect the bottom line I am that person. Will relocate.
Email: amosca2000@yahoo.com

Credit/Documentation: Fort Lee NJ
3 Years Experience. Looking in NJ/NY.
Email: angitravis@mail.com

Irvine, CA,
I have over 16 years of Credit/Collection experience in the finance industry. Prompt results, extremely effective and knowledgeable, professional, excellent manager and team player.
Email: newportresources@sbcglobal.net

Los Angeles, CA
Over 15 years experience in Credit/Operations with Small Ticket and transactions up to $500,000.00. CLP, with excellent relationships with most major lenders.
Email: jonbh123@earthlink.net

Mill Valley, CA
Senior corporate officer with financial services credit background. M and A, fund raising and workout expertise.
Email: nywb@aol.com

New Jersey, NJ
Credit Analyst with 10+ years experience in small-ticket lending up to $500,000. Experience with both vendor-direct and with brokers.
Email: b.leavy@worldnet.att.net

New York, NY.
V.P. Credit & Collections w/23 years exp.looking for a situation where I can utilize my varied & extensive knowledge of credit/collections/risk-management & leasing.
Email: rcouzzi@yahoo.com

Portland, OR.
Well known Equipment Leasing Industry Professional (Credit Analyst) with 17 years experience working in the Portland, Oregon area for three major Fortune 500 Funding Sources.
Email: jimmyfrank@verizon.net
| RESUME |


Credit/Operations Manager: Orange, CA.
15 years exper., looking for a new home. Have handled both middle/ large ticket transaction, plus muni & international finance.
email: equiplender@aol.com

Senior Credit Officer
experienced in middle-market leasing; structured, vendor and 3rd party to the fortune 1000. Proactive team builder, originations capable with strong work ethic.
Email: kyletrust@hotmail.com

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

http://216.66.242.252/AL/LeasingNews/JobPostings.htm

To place a free "job wanted" ad, please go to:

http://216.66.242.252/AL/LeasingNews/PostingForm.asp

[headlines]

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Alexa Ranks Leasing Association Web Sites

Rank
10/17/2005
9/15/2005
 
WEBSITE NAME
1.
93,290
101,967
www.aba.com American Bankers Association
2.
152,379
144,166
www.leasingnews.org  Leasing News
3.
158,477
161,453
  www.monitordaily.com Monitor Daily
4.
219,852
202,985
  www.elaonline.com Equipment Leasing Association
5.
442,213
349,758
  www.cfa.com  Commercial Finance Association
6.
453,409
505,535
  www.ibaa.org Ind Community Bankers of America
7.
558,654
601,368
  www.naelb.org* National Assoc. of Equip Leasing Brokers
8.
612,771
514,420
  www.lessors.com  eLessors Networking Association
9.
887,602
1,489,751
  www.us-banker.com  U.S.Banker
10.
1,261,040
2,077,528
  www.uael.org  United Association of Equipment Leasing
11.
1,396,298
4,435,163
  www.eael.org*Eastern Association of Equipment Leasing
12.
1,747,687
1,807,214
  www.iicl.org  Institute of International Container Lessors
13.
1,899,260
2,318,416
  www.executivecaliber.ws  Exec Caliber-Jeffrey Taylor
14.
2,740,737
1,000,750
  www.leasefoundation.org Equip. Leasing & Fin Fndn
15.
3,962,583
3,944,771
  www.aglf.org  Assoc of Government Leasing  Financing
16.
4,092,893
4,055,754
  www.leasecollect.org Lean -Lease Enforcement Att Net
17.
4,157,803
No Data
  www.efj.com Equipment Financial Journal
18.
4,317,165
No Data
  www.leaseassistant.org Lease Assistant
19.
4,622,140
2,136,631
  www.clpfoundation.org   CLP Foundation
20.
No Data
No Data
  www.mael.org Mid-America Association of  Equip Lessors
21.
No Data
5,229,599
  www.nationalfunding.org The National Funding Assoc
22.
No Data
No Data
  www.Leasingpress.com Leasing Press

David G. Mayer's Business Leasing News is not included in the Alexa report list as it does not have its own individual site and Alexa finds Patton Boggs, LLP Attorneys at Law.  The rating is not valid as it includes all those who visit and communicate with the law firm.  When Business Leasing News has its own individual web site, it will be included in the Alexa survey.

*It should also be noted that two web sites have their "list serve" posted via their site, meaning their e-mails are counted as a visit to the site, whereas they are "list serve" communication.  These are technically visits to the web site, but primarily to use "list serve."

These comparisons are compiled by Leasing News using Alexa and should be viewed as a "sampling," rather than an actual count from the website itself.  Other than as noted above, we believe the ratings are reflective as most have stayed in the same position, basically, for over a year.

The Alexa tool bar works on most browsers.
They are partnered with Google.

You may download their free tool bar A graph and analysis of the last three months are available.

( Note: the lower the number, the higher you are on the list. It is based on all web sites. Leasing is only a very small part of the various sites such as Yahoo, MSN, Google, etc. )

 

[headlines]

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Top Ten Stories - October 10-14, 2005

1. Merlin Business Services Corp. Announces Preliminary Estimate of
Lease Portfolio Outstanding in Areas Hardest Hit by Hurricane Katrina
http://www.leasingnews.org/archives/October%202005/10-11-05.htm#marlin

2. Sales Make It Happen --- Rethinking Loyalty

http://www.leasingnews.org/archives/October%202005/10-12-05.htm#sales

3. Sterling National Bank Opens N.J. Regional Office

http://www.leasingnews.org/archives/October%202005/10-12-05.htm#sterling

4. Top The Stories --- October 3 - 7, 2005 http://www.leasingnews.org/archives/October%202005/10-12-05.htm#top10

5. Pictures from the Past-WAEL 1991 Board of Directors

http://www.leasingnews.org/archives/October%202005/10-14-05.htm#past

6. Fitch Issues Presale on GreatAmerica Leasing Receivables Funding L.L.C.

http://www.leasingnews.org/archives/October%202005/10-14-05.htm#fitch

7. Leasing Portals

http://www.leasingnews.org/archives/October%202005/10-14-05.htm#portal

8. Optimus Financial Services Changes Name to Reflect Focus
on Information Technology Market

http://www.leasingnews.org/archives/October%202005/10-14-05.htm#optimus

9. Leasing Association Conferences-Fall, 2005

http://www.leasingnews.org/archives/October%202005/10-12-05.htm#fall

10. Leasing Software Companies

http://www.leasingnews.org/archives/October%202005/10-11-05.htm#software

(These are not the top best stories or most interesting, but a count by how many readers read the article. The one on top was read by the greatest majority of readers:)

[headlines]

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Leasing Association Meetings Open to Non-Members

Oct. 21-22, 2005
Western Regional Meeting

National Association of Equipment Brokers
Hilton Irvine, Irvine

Hilton Irvine
18800 MacArthur Boulevard
Irvine, CA 92612

Join us in sunny Irvine for networking, education, and to
meet new funding sources.

IMPORTANT NOTICE: We have sold out of our block of Standard rooms at the Hilton Irvine Hotel at the $94.00 rate but we have arranged for more rooms to be available to attendees at the Executive Level for a discounted rate of $124.00 per night. These newly Upgraded Executive Rooms have Contemporary Decor, access to the Executive Lounge, High Speed Internet by Wayport, 2 phone lines, Wolfgang Puck Coffee, Hairdryer, Bathrobe, Iron/Board and Turndown Service. The Executive Lounge serves complimentary Continental Breakfast Daily; evening Hors D'Oeuvres and Beverages Monday-Thursday and Non Holidays. USA Today and French Balconies are available. All rooms are equipped with Hilton Serenity Bedding Package. We apologize for any inconvenience for this popular event. You can make your reservations by calling the Hilton at (800) 445-8667.

If you are attending the Western Regional, the Introduction to the CLP Program is very important. Friday, October 21, 2005 1:00 PM - 4:00 PM

Anyone who is serious about their career in leasing must reserve a seat for this workshop. Find out the answers to:
Why you should become a CLP? What will a CLP designation do for you? You will gain valuable insight into the steps necessary to become a CLP and learn what valuable materials and special programs are available to assist you with your studies. Also, to give you a feel for the exam, we have prepared a short ten minute sample exam for you to test your knowledge.

PLUS A SPECIAL BONUS CLASS:
"Lease Pricing & Math" taught by Bob Teichman, CLP of Teichman Financial Training and one of the authors of The Certified Lease Professionals' Handbook.

Pre-register with the CLP Foundation by emailing Cindy Spurdle, Executive Director at cindy@clpfoundation.org or calling (610) 687-0213.

For more information, please go to:
http://www.naelb.org/cde.cfm?event=40117

E-mail: mwilson@hqtrs.com

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November 4-5
Eastern Regional Meeting
National Association of Equipment Brokers Atlanta, Georgia

Sheraton Gateway
1900 Sullivan Road
College Park, GA 30274

Join us in Atlanta for networking, education, and fun.

Jim Buckles of Preferred Business Solutions will offer training on their alaQuote (on-line lease calculator, quote letter and application submittal tool) and Advantage 2.0 (upgrade from System 1 (2.5) Software that includes contact management, deal tracking, document processing and electronic file storage).

Please RSVP by emailing jim@pbs4u.com or calling (866) 352-8665.

For more information, please go to:
http://www.naelb.org/cde.cfm?event=73892

E-mail: mwilson@hqtrs.com

 

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Sales Make it Happen

Building Customer Loyalty

Building and promoting customer loyalty in highly competitive industries, like equipment financing, is no walk in the park. What worked yesterday, from advertising to the strength of personal relationships, is no longer sufficient in gaining customer loyalty.

First, we need get real about the current perception of loyalty in business. Employees no longer expect or want to remain employed by one company for their entire careers, and employers manage their enterprises expecting an ever increasing annual churn in their personnel.

So, maybe working for a company for three or four years, or retaining employees for a like period of time, is, for many employees and companies, “success” in today’s world. Someone recently said, “I’d rather have a star performer for three or four years than an underperformer for a career!” Maybe we should view customers through the same lens. Few would disagree that it would be better to have a short-term, profitable customer than a long-term, unprofitable one.

Even though customer loyalty may last only a few short years, the same components drive loyalty today as they did in the past. Consistency, predictability, and reliability all contribute to customer loyalty. When your customers can predict with confidence that they can rely on you for consistent delivery of excellent service, they are less likely to jump onto the ship of another supplier or provider. Unless another supplier provides dramatically lower costs or pricing, why would loyal customers abandon certainty for uncertainty?

While consistency, predictability and reliability are contributors to customer loyalty, there is something else you can do to sustain loyalty for as long as possible. You can become a “knowledge broker.” Do you have specialized knowledge, perhaps a unique perspective you can share with your customers? Could this knowledge or perspective make your customers smarter? Could they leverage this knowledge to satisfy business or personal wants or needs?

No one wants to lose directions to the location of a valuable oracle. Once you are perceived as a knowledge broker by your customers, instead of a salesperson who simply runs with the herd, your customers are not likely to abandon you without some compelling reason. Customer loyalty may not be as long-lived today as in the past, but it is still a worthwhile pursuit for the professional salesperson.

--- from the desk of a retired, successful leasing company president.

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Classified Ads --- Help Wanted

Lease Representative

  
Baltimore - Washington area
Lease Representative

M&T Bank is seeking an in-market lease representative to develop and maintain relationships with broker/lessors, equipment vendors, and direct lessees throughout Maryland and Northern Virginia. Must be knowledgeable small ticket leasing ($75K average ticket) and third-party lease/loan transactions. Please apply on-line at www.mandtbank.com and view posting #4044.

At M&T Bank, we provide and exciting and challenging work environment where performance and innovative thinking is encouraged at every level. With over 700 branches, your career can travel as far as you take it!
  

www.mandtbank.com

Leasing Sales Manager

  
Leasing Sales Manager

Develop & lead sales force in a fast track
company. Our phenomenal growth provides this great opportunity, 5+ years exper. working w/brokers. Relocate to beautiful
San Antonio, Texas. resumes@swcreditlender.com

National Account Manager

  
Truck/Trailer Industry
National Account Manager

5+ year proven track record, located in either Texas or upper Mid-West markets,
estab. relationships to produce min. $750k
a month, for more information, click here.
To apply click here.

  

[headlines]

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

Creekridge Capital announces new leasing agreements,
continued growth in healthcare and technology industries

Minneapolis -Creekridge Capital, LLC, a nationwide equipment leasing provider focused on healthcare and technology, announced that it has secured several new contracts to provide leasing options to a variety of businesses. Creekridge Capital will work with these companies to develop and facilitate lease programs - including co-branded and private-label lease programs - to offer their customers.

"We're pleased to be working with each of these clients and to create programs that will help them increase sales and grow their business," said Jeff Cowan, executive vice president, Creekridge Capital. "We're very excited about and focused on continuing our growth in the healthcare and technology industries." Creekridge Capital's originations have increased more than 30 percent annually for the past three years. New contracts include:

CIBER, Inc., an international system integration consultancy providing hardware and software solutions with superior value-priced services for both private and government sector clients.

Omega Medical Imaging, which develops and manufactures cost-effective, high -quality Electrophysiology and Cardiac Imaging Systems.

Insite One, the leading provider of integrated on- and off-site secure DICOM storage and IT disaster recovery services.

Xterprise develops RFID supply chain solutions and has been chosen by many of the world's most respected supply chains and fastest growing companies as their RFID solution provider.

CardioOptics, a private company pioneering the development of Trans-Blood VisionT technology.

Imco Technology, a nationwide provider of Picture Archive Communication Systems (PACS).

Abanco, a leading provider of payment processing solutions that develops and markets a full suite of technology services to the automotive, hospitality, insurance, pharmaceutical, retail and transportation industries.

About Creekridge Capital

Creekridge Capital, LLC, founded in Minneapolis in 1986, is a provider of creative leasing solutions with special expertise in healthcare and technology. The company funds leases in the range of $50,000 to $5 million.

# # #

Media Contact:
Chris Bauer
763-559-5153
chris@chrisbauerandco.com

[headlines]

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

Pioneer Capital Announces Launch of New Credit Program

(Addison, Texas) Pioneer Capital Corporation announces the launch of its new "C" credit program called "Credit Window Plus". Under this program, Pioneer will approve transactions down to 620 FICO scores, and loosen restrictions on paydex scores, paynet histories, and inquiries. To be eligible for a "Credit Window Plus" approval, brokers must have funded at least one transaction with Pioneer under our normal criteria in the last 45 days. "We view this new program as a way to reward our active brokers for their loyalty. This program represents a significant opportunity for our brokers to win business against their competition" states John Boettigheimer, V.P. and General Manager of Pioneer.

Pioneer Capital Corporation is a small ticket funding source serving over 400 active brokers throughout the United States and is a wholly-owned subsidiary of IFC Credit Corporation of Morton Grove, Illinois.

For complete information on this new program, go to
http://www.pioneerfunding.com/CWindowPlus.html .
For more information on Pioneer in general, go to www.PioneerFunding.com .

[headlines]

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

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

KEY EQUIPMENT FINANCE NAMES CHIEF INFORMATION OFFICER

SUPERIOR, CO. - Key Equipment Finance, one of the nation's largest bank-affiliated equipment financing companies and an affiliate of KeyCorp (NYSE: KEY), has named William A. Weeks as chief information officer. Weeks will be responsible for all of Key Equipment Finance's technology implementations while providing leadership to his functional management team. Weeks' office is located at Key Equipment Finance's worldwide headquarters outside Boulder, Colorado.

"Bill's extensive experience in technology and his specific application to high throughput, asset-based lending businesses ideally suit him to provide leadership to our equipment financing team," said Paul A. Larkins, president and chief executive officer for Key Equipment Finance. "We are delighted to have a professional of Bill's caliber join the Key Equipment Finance leadership team."

Prior to joining Key, Weeks was vice president of information technology at National City Commercial Capital. At Provident Bank (prior to its acquisition by National City), he was vice president and business technology leader for the equipment leasing (Information Leasing Corporation), sub-prime mortgage and data warehouse divisions. He is a member of the ELA (Equipment Leasing Association) serving on the Business Technology Solutions Committee. He served in the U.S. Marine Corps for five years.

Key Equipment Finance is an affiliate of KeyCorp (NYSE: KEY) and provides business-to-business equipment financing solutions to businesses of many types and sizes. The company focuses on four distinct markets:

· businesses of all sizes in the U.S. and Canada (from small business to large corporate);

· equipment manufacturers, distributors and value-added resellers worldwide;

· federal, provincial, state and local governments as well as other public sector organizations; and

· lease advisory services for manufacturers' captive leasing and finance companies.

Headquartered outside Boulder, Colorado, Key Equipment Finance manages a $12 billion equipment portfolio with annual originations of approximately $5 billion. The company has major management and operations bases in Toronto, Ontario; Albany, New York; Chicago, Illinois; Houston, Texas; London, England; and Sydney, Australia. The company, which operates in 25 countries and employs 1,100 people worldwide, has been in the equipment financing business for more than 30 years. Additional information regarding Key Equipment Finance, its products and services can be obtained online at KEFonline.com.

Cleveland-based KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $91 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally.

[headlines]

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

KEY EQUIPMENT FINANCE NAMES GALE K. BURKET VICE PRESIDENT,
GLOBAL BUSINESS DEVELOPMENT

SUPERIOR, CO, October 17, 2005 - Key Equipment Finance, one of the nation's largest bank-affiliated equipment financing companies, announced that Gale K. Burket has been named vice president, Global Business Development, effective October 17, 2005. In this role, Burket is responsible for identifying and attracting new vendor clients to Key Equipment Finance and its international operations. His office is located at Key Equipment Finance's worldwide headquarters outside Boulder, Colorado.

"Gale has more than 28 years' experience in the technology sales environment," said Philip G. Schultz, senior vice president, Global Business Development and Strategic Planning, Key Equipment Finance. "His expertise and leadership have been valued commodities at Key Equipment Finance, and we are pleased he has accepted this expanded sales role."

Burket joined Key Equipment Finance in 1997 as a sales representative within Key's global vendor services group, including StorageTek Financial Services and Unisys Leasing Corporation. Prior to joining Key Equipment Finance, Burket was a sales representative at Burroughs/Unisys Corporation. He earned his bachelor of science degree in marketing from Moorhead State University in Moorhead, Minnesota.

Key Equipment Finance is an affiliate of KeyCorp (NYSE: KEY) and provides business-to-business equipment financing solutions to businesses of many types and sizes. The company focuses on four distinct markets:

businesses of all sizes in the U.S. and Canada (from small business to large corporate); equipment manufacturers, distributors and value-added resellers worldwide; federal, provincial, state and local governments as well as other public sector organizations; and lease advisory services for manufacturers' captive leasing and finance companies. Headquartered outside Boulder, Colorado, Key Equipment Finance manages a $12 billion equipment portfolio with annual originations of approximately $5 billion. The company has major management and operations bases in Toronto, Ontario; Albany, New York; Chicago, Illinois; Houston, Texas; London, England; and Sydney, Australia. The company, which operates in 25 countries and employs 1,100 people worldwide, has been in the equipment financing business for more than 30 years. Additional information regarding Key Equipment Finance, its products and services can be obtained online at KEFonline.com.

Cleveland-based KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $91 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally.

[headlines]

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

U.S. Bancorp Equipment Finance, Inc. Names VP and CFO to U.S. Bancorp Oliver-Allen Technology Leasing

LARKSPUR, Calif. & ALISO VIEJO, Calif.- U. S. Bancorp Equipment Finance, Inc. has named Robert Keyes executive vice president and chief operating officer, and Darren Lang executive vice president and director of sales and marketing, for the U.S. Bancorp Oliver-Allen Technology Leasing line of business. Both will report directly to Sal Maglietta, president and chief executive officer of U.S. Bancorp Equipment Finance. Keyes will be based in Larkspur, Calif. and Lang will be based in Aliso Viejo, Calif.

In his new role, Keyes will manage all business operations and administration (including credit, equipment management, lease administration and finance), while Lang will be responsible for sales and marketing activity.

Keyes has worked in the financial services industry for nearly 30 years. Most recently he was with Banc of America Leasing in San Francisco and prior to that with Citicapital/Bankers Leasing, USL Capital and Wells Fargo Leasing. He holds a master's degree from Rutgers University and a bachelor's from Bates College in Lewiston, Maine, as well as a California CPA license.

Lang has been leading all sales and marketing activity since May. Prior to that he was senior vice president and regional sales manager for the Southern California sales team, which has been an integral component to U.S. Bancorp Oliver-Allen Technology Leasing's success for the past 13 years. Lang earned his bachelor's degree from California Polytechnic State University.

"Darren has demonstrated superior sales and marketing focus and management, achieving strong results for his area," said Maglietta. "Bob is a seasoned manager who, along with Darren, will focus our task of growing assets and increasing our profitability. We look forward to their leadership for the entire Oliver-Allen Technology Leasing organization."

U.S. Bancorp Oliver-Technology Leasing, a division of U.S. Bancorp Equipment Finance, Inc. provides lease financing for all technology related equipment, including software and services. U.S. Bancorp Equipment Finance, Inc., one of the largest bank-affiliated equipment finance companies in the nation, has been providing equipment finance solutions for more than 30 years. It is a major funding source for companies in virtually every industry sector nationwide.

U.S. Bancorp Equipment Finance, Inc. is part of U.S. Bancorp (NYSE:USB). With $207 billion in assets, U.S. Bancorp is the 6th largest financial holding company in the United States. The company operates 2,396 banking offices and 4,986 ATMs in 24 states, and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. U.S. Bancorp is home of the Five Star Service Guarantee in which the company pays customers if certain key banking benefits and services are not met. U.S. Bancorp is the parent company of U.S. Bank. Visit U.S. Bancorp on the web at usbank.com.

CONTACT: U.S. Bancorp

Teri Charest, 612-303-0732

SOURCE: U.S. Bancorp

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding U.S. Bancorp's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.

[headlines]

###Press Release############################
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Today's Top Event in History

1780- the Continental Army had suffered its worst privations, it greatest defeats, and its darkest hours. October was a terrible month in 1780. It would continue to lose battles but, by this time turned into a well-trained fighting force by European officers and aided by allied French forces, it endured and historians consider the American Revolutionary War ended this day in 1781 when more than 7,000 English and Hessian troops, led by British General Lord Corwallis, surrendered to General George Washington at Yorktown, Virginia, effectively ending the war between Britain and her American colonies. The military phase of the conflict ended at Yorktown as there were no more major battles, but the diplomatic struggle continued. Preliminary articles of peace were secured on November 30,1782, after long and difficult negotiations. The Treaty of Paris, by which the war was officially ended and independence formally acknowledged by Great Britain, was not signed until September 3,1783. Adding to the disagreements was communication by ship and even meetings locally were delayed as the pace of public transportation in the U.,S. was painfully slow. It took Thomas Jefferson five days to travel from Philadelphia to Baltimore. The time delay also gave over 100,000 "loyalist" the time to fled the U.S. Also known as Tories, they had suffered various penalties for their loyalty to the Crown, including confiscation of property, removal from public office, and punitive taxation. Probably no more than 10% of the colonials were Tories, who were generally well-to-do, engaged in commerce or the professions, or public officials. Many fled to Canada, some to England. Some returned after the peace treaty was actually signed. After the conflict, many were also able to recover at least some of their confiscated property. The estimated colonial population was 2,781,000

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This Day in American History

    1781- Washington takes Yorktown
http://www.richardferrie.com/aboutbook.htm
http://www.lcweb.loc.gov/exhibits/treasures/trt022.html
    1781- Cornwallis defeated at Yorktown
http://xroads.virginia.edu/~CAP/ROTUNDA/york_1.html
    1780- the Continental Army had suffered its worst privations, it greatest defeats, and its darkest hours. October was a terrible month in 1780. It would continue to lose battles but, by this time turned into a well-trained fighting force by European officers and aided by allied French forces, it endured and historians consider the American Revolutionary War ended this day in 1781 when more than 7,000 English and Hessian troops, led by British General Lord Corwallis, surrendered to General George Washington at Yorktown, Virginia, effectively ending the war between Britain and her American colonies. The military phase of the conflict ended at Yorktown as there were no more major battles, but the diplomatic struggle continued. Preliminary articles of peace were secured on November 30,1782, after long and difficult negotiations. The Treaty of Paris, by which the war was officially ended and independence formally acknowledged by Great Britain, was not signed until September 3,1783. Adding to the disagreements was communication by ship and even meetings locally were delayed as the pace of public transportation in the U.,S. was painfully slow. It took Thomas Jefferson five days to travel from Philadelphia to Baltimore. The time delay also gave over 100,000 "loyalist" the time to fled the U.S. Also known as Tories, they had suffered various penalties for their loyalty to the Crown, including confiscation of property, removal from public office, and punitive taxation. Probably no more than 10% of the colonials were Tories, who were generally well-to-do, engaged in commerce or the professions, or public officials. Many fled to Canada, some to England. Some returned after the peace treaty was actually signed. After the conflict, many were also able to recover at least some of their confiscated property. The estimated colonial population was 2,781,000
1895 Historian Lewis Mumford Birthday
http://bluehawk.monmouth.edu/~library/mumford.html
    1950 - "The Adventures of Ellery Queen" premiered. My father, Lawrence Menkin, wrote many of the episodes. In each of the shows Queen talked to the home audience at the show's climax to see if they were able to identify the killer. These people played Ellery Queen during the several year TV series: Lee Bowman, Hugh Marlowe, George Nader, Lee Phillips, Peter Lawford and Jim Hutton.
    1987 - The worst stock crash in the history of the New York Stock Exchange occurred when the Down Jones industrial average fell 508 points, closing at 1738.74, a decline of 22.6%, nearly double the decline in1929 that ushered in the Great Depression. The volume of stocks traded, 604,330,000, was nearly twice the previous record of 338,500,000set on October 16. computerized program trading, as well as various factors in the national and international economy, was blamed for the collapse of the market that had exhibited a case of the jitters in recent weeks. On October 230, the Dow Jones rose 102.27 points an trading set another new record for volume with 608,120,000 shares traded. In spite of the gain, largely confined to blue chip issues, many more stocks fell than rose The Down gained another 186 points the following day but dropped 77.42 points on October 22. the major markets set temporarily shorter hours in hopes of easing the tension, but on October 26, there was another drop of 158.83 points. After a short period of relative quiet, the Dow fell 5.052 on Nov 3, ending a five day rally, and on Nov. 9 the average was down another 58.85 points, closing at 1900.20.
http://www.stocksatbottom.com/index2.html

 

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