Leasing News is a web site that posts information, news, and entertainment for the commercial leasing and finance industry. The News Edition is updated Monday, Wednesday and Friday.
Thursday, October 6, 2011
######## surrounding the article denotes it is a “press release” and was not written by Leasing News nor information verified, but from the source noted. When an article is signed by the writer, it is considered a “by line.” It reflects the opinion and research of the writer. It is considered “bias” as it is the writer’s viewpoint.
David H. Padden Passes Away
Jim Padden of Padco Lease, Chicago, Illinois, is sad to inform readers that his father David H. Padden, the founder of the company has passed away.
"David H. Padden 84, Oct. 2, retired President and Founder of Padden and Co. and Padco Lease Corp. Beloved husband of Joan, nee Gallagher for 61 years; loving father of Kevin (Nina), James (Kelly) Padden, Mary (Mark) Massery, Michael (Sheila) Padden, Nancy (Robert) Barrett, Kathleen (Dan) Hansen and Susan (Tony) Kuligowski; dear grandfather of 15 and great-grandfather of two; brother of the late Charles (the late Mary Ellen); uncle of many nieces and nephews. Founder and Chairman Emeritus of the Heartland Institute of Chicago., Founding Director of the CATO Inst. of Washington, D.C., director and supporter of many other free market public policy organizations. 52 year member of Beverly C.C., life long supporter of the Lyric Opera of Chicago. Funeral for today, Thursday, 9 a.m. from Donnellan Funeral Home, 10525 S. Western, Chicago., to St. Barnabas Church, 10134 S. Longwood Dr., Chicago., Mass 10AM. Interment Holy Sepulchre Cemetery.
"In lieu of flowers, memorials would be appreciated to Alzheimer's Association, Greater Illinois Chapter, 8430 W. Bryn Mawr, Suite 800, Chicago., IL. 60631. Info: 773-238-0075.
"Please sign guest book at www.donnellanfuneralhome.com"
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Banks and Creditors Could Just Cry
Allied Health Care Services banks and other creditors are quite angry with the fees and compensation that now total $513,347.11, actually a very small part of the $130 million Ponzi scheme orchestrated by Charles K. Schwartz.
"We have managed to get past the hole that was Allied and like most of the creditors are simply watching this process unfold, objecting where we feel we need to and otherwise hoping that the Trustee is able to collect some funds for distribution.
“I received the attached notice* the other day and was somewhere between shocked and outraged when I opened it. It is a request from the accountants for the trustee to collect $512,000 in fees. I was hoping you’d publish it and see if we can create some sort of swell from the creditors to demand a full accounting (no pun intended).
"At the rate the accountants are burning through the money, the creditors may never see a dime."
(name with held)
The two being compensated the most appear to be:
Anthony R. Calascibetta $70,800
An accounting of their time is noted in the PDF that follows.
What seems to bother the creditors the most is that none of the equipment they financed exists, and the company assets are few, and what is left are old vehicles and farm equipment, plus real estate, as well as several empty lots, with little value. They are afraid, and rightfully so, there will be nothing left for them. On the plus side, this may be over before two other famous ones are continuing.
The Equipment Acquisition Resources bankruptcy will also see very little for creditors, as all the equipment has been sold, what really existed, and most were in poor condition, old, and sold at discounts overseas to get a better prices, as I understand it.
This is the July 15, 2010 request:
"Arnstein & Lehr, counsel for Equipment Acquisition Resources, Palatine, Illinois has filed for compensation and reimbursement for expenses for the period October 23,2009 through July 15, 2010; $254,249.50 for legal services and $11,660.63 in expenses. A full breakdown of the work and hours in several detailed charts is available with highlights of 666 attorney hours (Barry A. Chatz 123.4 hours with 2010 hourly rate $595; George P. Apostolides, 174.2 hours at $420 hourly rate and Kevin H. Morse, 94.5 hours at 2010 hourly rate of $265 (the attorneys rates increase from 2009 to 2010--Chatz from $465 to $595, Apostolides $405 to $420, Morse from $255 to $265.)"
I haven't seen the latest bill as there also appears to be several cases being criss-crossed with the IRS and others. There are hearings on many claims, and this was quite a complicated case with a lot of work on banks, credit cards, casino's, equipment, and a real nightmare.
And don't mention NorVergence, the bankruptcy claims still being settled and this has been going on since June, 2004.
All three of these frauds could have been avoided if the creditors had been subscribing to Lease Police, as it involved vendors, as well as the value of the equipment from the vendors.
* October 24: Wiss & Company, LLP, Accounts to the Trustee
Fees and Summary for Fees PDF:
Exhibit C Details:
Allied Health Care Services stories:
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Hugh Swandel This Sunday for Chris Walker
Hugh Swandel, the Alta Group, is running this Sunday in the 2011 Bank of America Chicago Marathon, Chicago, Illinois. He has raised the Fund Raising Goal to $15,000 help Chris Walker, GreatAmerica Leasing, President, Certified Financial Professional Foundation, also on the Board of Directors of the National Equipment Financing Association.
Originally $5,000, the leasing industry has responded.
"I was greatly saddened to learn my dear friend has been diagnosed with pancreatic cancer. He is a true gentleman and his handling his battle with poise, class and dignity. I have been at a loss at how I can help a friend and colleague who lives far away but is constantly in my thoughts.”
To View Hugh Swandel’s Page with Donor’s Listed:
Last Day for mail-in/online Registration, ELFA Conference
This is a major event where the association celebrates its 50th
October 23-25th ELFA 50th Anniversary Conference
Monday, October 10, 2011
Last day for mail-in and online registrations. After this date registrations can be made on-site. Please note: There are no refunds of registration fees after this date.
What Previous Attendees are Saying:
Share Your Anniversary Message
Bob Fisher to attend NAELB Conference for Ascentium Capital
by Christopher Menkin
October 14-15, 2011
Long time leasing executive leasing executive Bob Fisher, CLP, former president of the National Equipment Finance Association parent and CEO of several leasing companies is registered to attend the NAELB Atlanta Conference representing Ascentium Capital, where he was recently appointed vice-president, business development. *
While not in the funding presentation, this conference will also have Dwight Galloway, CLP, now in charge of a division of Navitas Lease Corp. It is interesting to note that neither Ascentium Capital or Navitas Lease Corporation appears to be licensed by the California Department of Corporations as a California Finance Lender. Navitas applied a long time ago, and Ascentium may have, too, and as well as other states, but several apparently not licensed either.
It is against the law to do business without a license and may not only jeopardize the lease, but lead to class action filings, fines, or worse, a ban from doing business in the state should either company being doing business in states they are not licensed.
Leasing News will be writing more about this next week, involving other companies not licensed. with the purpose of stepping up its campaign against companies who are abusing Evergreen clauses as well as other illegal activities, such as not being licensed to do business in specific states.
Yes, back from vacation and with more determination as going to step up Leasing News as the watchdog of the industry. Look for more features and more action.
Five New Funders Joining the Presentation:
Dwight Galloway is part of the "Preparing for the Recovery" panel which also includes:
Jim Blumberg, MIJ Associates, LLC, as Moderator
"Are you ready to break out and get positive about the economic recovery? Then this session is tailored just for you. Discuss with your fellow members what it will take to seize the opportunities of the coming economic recovery.
“Learn from industry veterans who have experienced past economic hardships and how they took advantage of the changing conditions and prospered. With many funding sources exiting the industry or modifying their criteria to address today’s climate, learn how to understand these changes and adapt to get more approvals. A discussion on vendor prospecting is included as well as why today is the BEST time to go after new vendor relationships.
“Walk away from this session with an entirely new POSITIVE outlook on the ever-changing economy."
NAELB Eastern Regional Exhibitors
360 Equipment Finance
* Previously he was vice-president, small business banker, Bank of America (February, 2011--September, 2011), Executive Vice-President, National Sales Manager, Main Street Bank, Kingwood, Texas (December 2004-2010),, Sales Manager, Nassau Asset (2003- 2004),, President, FireRock Capital (2002-2003) President, Fisher Anderson, LC (1996-2002)National Credit Manager, New Era Funding (1993-1996), National Credit Manager, Datronic Rental Corporation (1990-1993), CIT ((1987(perhaps earlier)-1990))The College of New Jersey BS, health and physical education (1965 – 1973 ).UAEL - Past President 2002. United States Marine Corps
Fall Leasing Conference Schedule---Up-date:
Shelly and Rick Wilbur Ask for Contribution Lymphoma
"As most of you know Shelly was diagnosed with Lymphoma in 2000. Initially the prognosis was vague and my hopes for our future were uncertain and depressing. Fortunately Carey and Jen got pregnant and gave birth to Macie who instantly became Shelly’s favorite (and only) grandchild and a great inspiration for Shelly to hang around and make sure Macie had a special pal. Now here we are many years and two more grandchildren later (Hudson and Jacob) and Shelly is chugging along striving to become the best grandmother ever to walk the face of the planet. She desperately wants be at all of the grandchildren’s graduations, and birthdays and games and weddings and who knows maybe the birth of a great grandchild. Although I wouldn’t have given you 2 cents for her chances to get this far when we first got the bad news 11 years ago, today I wouldn’t bet against her. All we need to help her out is a little help from our friends in the laboratory. "
"In 2009 Shelly received a relatively new treatment (chemo & Rituxan) and she is still reaping the benefits today. Although she suffers from fatigue she is in recession.…at the moment. Furthermore, the Lymphoma Research Foundation (LRF) is making great progress with several new treatments that are being investigated and tested every day. The only thing they are short of is funding. So please help us out and dig down and make a contribution. Any contribution will be greatly appreciated however large or small and if you just can’t do it this year….that’s OK. We understand that times are difficult for many and all of us have conflicting priorities. For those of you that are in the neighborhood or reasonably close by please join us for the Arizona Lymphomathon which will be held at the Phoenix Zoo on Saturday, November 12, 2011. There is no charge to walk and we have the zoo all to ourselves…..and the animals, of course. You can learn more about Lymphoma and the Lymphomathon by visiting www.lymphoma.org and click on Lymphomathons and then click on AZ."
(web site with latest information)
Leasing Industry Help Wanted
For information on placing a help wanted ad, please click here:
Please see our Job Wanted section for possible new employees
James Brady is now marketing, strategic planning consultant at Consultant-Contract Marketing, Greater Seattle Area. He previously was SVP, Director of Marketing, Banner Bank (April, 2011-September, 2011), VP, General Manager, ABCO Leasing (July, 2006-April, 2010), SVP Market Development, Capital Stream (1998-2000), VP General Manager, MetLife Capital Business Finance (1996-1998). University of Washington, Michael G. Foster School of Business MBA, Finance and Marketing (1976 – 1979).
Ed Cipro named director Federal Funding at TD Bank Equipment Finance, Annapolis, Maryland. He previously was Zone Finance Manager, Siemens Medical (March, 2007-August, 2011), Director Capital Markets-Leasing, US Bank (March, 2005-March, 2008), VP, Syndication, General Electric (2001-2006), Senior Buyer, GE Commercial Finance (2001-2006), VP-Area Manager, AT&T Credit Corp. (1997-2001), Senior Vice-President, Signet Bank Leasing (1983-1996), Credit Manager, Westinghouse Credit Corporation (1977-1982). Loyola College in Maryland Masters, Finance (1982 – 1988), St. Francis University BS - Economics (1972 – 1976).
Lori Cooper was hired as Account Manager for United Capitol Business Lending, Previously she was Fleet Portfolio Manager, SunTrust Equipment Financing and Leasing Corp (February 2011-October, 2001), Portfolio Manager, Middle Market, SunTrust Equipment Finance and Leasing (June, 2011-Februauary, 2011),Leasing Analyst, SunTrust Equipment Finance & Leasing Corp. (January, 2009-June, 2010), Transaction Coordinator, GE Intermediary Funding (June, 2005-January, 2009), Director of Funding, Daimler Chrysler Financial Services (December, 1989-June, 2005), Lead ISO Auditor, Daimler Chrysler Financial Services of America (December, 1989-May, 2005), Loyola University Maryland MBA, Accounting (2006 – 2010), University of Phoenix BS/BM, Business Management (University of Phoenix BS/BM, Business Management (2000 – 2003), Presidential Award - Graduated with Honors.
Joseph A. DiLallo, Cleveland/Akron, Ohio, named vice president, corporate aviation finance, Key Equipment Finance, Superior, Colorado. Previously he was founder and president of GetJets Aviation Consultants, LLC (June, 2009-September, 2011), SVP/Manager, Chase Business Aircraft Finance, JP Morgan Chase (April, 2000-May, 2009), VP-Originations, Banc One Leasing Corporations (1996-2000), Leasing Originations, Star Bank (June, 1990-June, 1996). BSBA, Finance, Economics (1985 – 1990).
Yelena Sivak Dusev was promoted to vice-president TD Bank, Healthcare Finance Services Group, in Florida. She joined the bank June, 2006. Prior she was Relationship Manager, V2Park, Inc. (March, 2009-March, 2009), Commercial Loan Portfolio Officer, Philadelphia, TD Bank (July, 2006-March, 2009), Financial Analyst, Sovereign Bank (2003-2006).Temple University - Fox School of Business and Management MBA, Finance, Human Resources (2005 – 2008) Activities and Societies: MBA/MS Student Association, VP of Corporate Relations :( 2006-2007), Penn State University Bachelor's, Business, Finance (2000 – 2003).
Ann E. Fries, Sarasota, Florida area, was named vice-president, sales, Federal Government Financing, Key Equipment Finance, Superior, Colorado. Previously she was Senior Vice-President, Bank of America (1996-2007), Principal, AEF Enterprises (1992-1996), Director of Dept Placement, Cauff Lippman Aviation (1989-1993), Executive Director, Debt Placement, CIS Corporation (1987-1989), Vice-President, Hunter Keith Marshal and Company, 1986-1986), Consultant, Capital Equipment Group, CIS Corporation (1985-1985), Director of Finance, BRAE Corporation (1984-1985), Transaction Manager, Lease Underwriting Department, GATX Corporation (1983-1984), Manager, Financial Analysis Department, GATX Corporation (1981-1983), Associate Consultant, Touche Ross (1979-1981). Artistic Director, Through Women's Eyes Film Festival, UN Women, Gulf Coast Chapter (January, 2011-Presdent), member, board of directors, Manatee County Humane Society (May, 2009-Present), Volunteer, Best Friends Animal Society (2009-Present), Volunteer, Humane Society of Sarasota County (February, 2009-February, 2010), Volunteer, Make-A-Wish Foundation (January, 20098-January, 2009).University of Pennsylvania - The Wharton School MBA, Finance and Accounting (1978 – 1979), Vanderbilt University BA, History and English (1969 – 1973).
Michel Gratton was appointed vice-president principal at Services financiers Element, Montréal, Canada. Previously he was president, Services financiers Chelton (1981-2011), President, Corporation financiere Brome (1994-2007), President, Corporation de Capital Capda (1991-1994). Richard Ivey School of Business HBA, Administration des affaires (1967 – 1969), Collège Sainte-Marie Bac es Arts, Économie 1959 – 1967.
Pamela Hewett was named National Leasing Manager for eLease Funding, St. Petersburg, Florida. Previously she was CEO, PDH Financial Services (2005-October, 2011), Vice-President, Citigroup (2003-2005), Account Manager, American Express Leasing (2002-2003), Southeast Regional Account Manager, HPSC (January, 1998-January, 2002).
Jane Livingston appointed V.P., Business Development Officer for the Midwest and Great Lakes region for United Capital Business Lending, Hunt Valley, Maryland. Formerly she was SBA Business Development Officer for U.S. Bank (May, 2010-September, 2011), SBA Senior Regional Account Manager, CIT (August, 2005-June, 2010), CEO, VR Business Brokers (February, 2002-August, 2005), Director, International Strategic Marketing and Director, Data Connectivity Products, ADC Telecommunications (April, 1993-Feburary, 2002), Director, Sales and Marketing, Krone (February, 1992-March, 1993), Account Executive, AT&T (October, 1985-Feburary, 1992).The Johns Hopkins University - Carey Business School MAS, Management (1986 – 1988). San Diego State University-California State University B.S., Information Systems.
Dick O’Connor, San Francisco Bay Area, named Senior Vice President – Managing Director of Captive Services, Ascentium Capital, Kingwood, Texas. He previously was EVP-COO, Iperia (February, 2009-January, 2011), CFO, Bluefire Capital (October, 2006-January, 2008), Managing Partner, IntelliCap (April, 2001-September, 2006), SVP-Technology Division (Sierra Cities (March, 1998-January, 2001), Founder & CEO, ILM (September, 1991-March, 1998), Treasurer-GM Convergent Capital, Convergent Technologies (July, 1986-January, 1991), Minnesota State University, Mankato M.B.A., Finance, MIS (1980 – 1982), University of Saint Thomas B.A, Business Administration - Accounting (1971 – 1975), Activities and Societies: Business society, all college council, varsity athletics.
Austin Rosen appointed V.P., Business Development Officer for the Rocky Mountain West and Southwest regions. for United Capital Business Lending, Hunt Valley, Maryland. Previously he was Vice-President, Real Estate and Business Development, By the Rockies, LLC Family of Companies(August, 2008-September, 2011), Director, Holliday Fenoglio Fowler (2003-2008), Senior Real Estate Analyst, TriMont Real Estate Advisors (2001-2003), Investment Sales Associate, Marcus & Millichap (1999-2001).Babson College BS (1995 – 1999).
(This ad is a “trade” for the writing of this column. Opinions
Austin, Texas -- Adopt-a-Dog
Breed: Lab Mix
“Hi! My name is Charlotte and I'm a nice Lab Mix. I'm a pretty girl even if I say so myself! I and my sister were left on a county road and fortunately a Good Samaritan spotted me and my sister and brought us to the Gonzales Animal Shelter. Our little bodies were covered by gazillions of fleas and we were very underweight but the shelter helped us a lot and now we're now in the care of Austin Dog Rescue in amazing foster homes!
“I'm a really happy and playful puppy; I like to follow my foster brother everywhere! I do really good around people and other dogs, I might be a little shy at first but as soon as I get to know you I'll be willing to play all day long...or just for a while 'cause I also like to take long naps after playing. :-)
“I'm learning good manners everyday, I'm a good listener and a perfect companion - Sweet as I can possible be, love to get cozy and ask for belly rubs. guess the happiest moment of my day is when I hear the cookie-jar opening, oh my gosh I love goodies!
“I am spayed, current on vaccinations, micro chipped and I even come with 30 days free insurance + I'm getting really popular around here, everyone says I'm a cutie, so hurry up and come and see me, I'll be waiting.”
Love and Kisses:
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Adopt a Pet
Interest Rates on CDs to Decline Farther
The decline in CD rates is likely to continue in October especially for the highest paying long-term CDs of 3, 4 and 5years.
SAN ANSELMO, Calif.– The latest projection from Market Rates Insight (www.marketratesinsight.com) shows that farther reduction in deposit interest rates are expected in October. The focus of the interest-rate reduction will be in CDs of 3, 4 and 5 years, projected to decrease nationally by 4, 5 and 6 bps respectively. Liquid accounts, such as checking, savings and Money Market accounts are projected to remain low and unchanged.
During October, the national average interest rate for CDs is projected to decrease 3 bps to a national average rate of 0.59 percent. Among the different CD terms, the 5-year CD is projected to have the greatest decrease of 6 bps to a national average rate of 1.22 percent, whereas the 4, 3 and 2-year CDs are projected to decline by 5, 4, and 3 bps respectively. The national average interest rate for checking, savings and MM accounts is projected to remain flat at a national average of 0.14 percent. Checking account national average is projected to remain flat at 0.11 percent, savings account flat at 0.16 percent and MM flat at 0.16 percent.
“This trend indicates that banks and credit unions continue to experience pressure on their net interest margins due to low demand for, and low rates on loans,” said Dan Geller, Ph.D. Executive Vice President at Market Rates Insight, “as long as lending demand remains soft, expect institutions to continue decreasing interest rates on deposits in order to control interest expense.”
About Market Rates Insight
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Leasing News: Special Girl Power Edition
With the release of "Hanna" this week, Leasing News decided to offer five other movies with strong action heroines. So check your Netflix queue, warm up the popcorn, and get ready for a blast of cinematic girl power.
Aliens (James Cameron, 1986): No stranger to strong female roles (he was, after all, the creator of tough-as-nails Sarah Connor in the "Terminator" movies), James Cameron offered one of the best action heroines of the 1980s in this slam-bang sequel to the creepy science-fiction classic, in which Ellen Ripley (Sigourney Weaver) goes from resourceful scientist to full-blown warrior. Picking up where the 1979 original left off, the story follows Ripley and a slew of rugged marines as they head into a dangerous interplanetary mission to destroy the alien species that's threatening the human race. Breathlessly exciting, filled with robust humor and visuals, and featuring an awesome, Oscar-nominated performance by Weaver, this is deservedly considered by many fans to be the finest entry in the "Alien" series.
La Femme Nikita (Luc Besson, 1990): European films may not be usually synonymous with action, but Luc Besson, French cinema's bad boy, breaks that rule with this unpredictable thriller. The "femme" of the title is one Nikita (the striking Anne Parillaud), a young drug addict who's arrested after a crime gone wrong and is sent not to prison but to a top-secret school for training government assassins. As Nikita's assignments become more deadly, she finds herself torn between her trainer (Tcheky Karyo) and her boyfriend (Jean- Hughes Anglade). Can she leave the brutal business behind and lead a normal life? Combining breathtaking action stunts with a moody style and splashes of dark comedy, Besson's one-of-a-kind cult movie gives art-house audiences an adrenaline shot straight to the heart.
Crouching Tiger, Hidden Dragon (Ang Lee, 2000): For years co-starring with Hong Kong legend Jackie Chang, Michelle Yeoh was widely known as the world's greatest female action star. So it made sense to cast her in this visually gorgeous homage to the strong women of kung fu cinema, directed by Oscar winner Ang Lee ("Brokeback Mountain"). Set in an ancient and mystical China, the journey is triggered by the disappearance of a legendary sword, an act that sends the great warrior Li (Chow Yun-Fat) along with his beloved Yu (Yeoh) on a search across the country. Joining them is the lovely, mysterious Jiao (Zhang Ziyi), whose surprising fighting skills push them further into a world of intrigue. A popular blend of beauty and action, Lee's film introduced mainstream audiences to the pleasures of classic martial-arts films.
Kill Bill Vol. 1 & 2 (Quentin Tarantino, 2003-2004): Following a six-year hiatus from screens, Quentin Tarantino ("Pulp Fiction") came roaring back with this brilliant, delirious mélange of bloody action and intense emotion, featuring arguably the greatest of the decade's heroines. That heroine would be The Bride (Uma Thurman), a professional killer who's left for dead by her boss bill (David Carradine) after trying to settle down and start her own family. The two-part epic follows her long, vengeful rampage as she settles scores with her enemies (with indelible supporting turns by Lucy Liu, Daryl Hannah and Michael Madsen) and, in the process, unexpectedly comes to learn about the importance of motherhood. By turns bloody, funny and tragic yet always exhilarating, this is a movie buff's bundle of lifelong fantasies brought thrillingly to cinematic life.
True Grit (Joel & Ethan Coen, 2010): Best known for their mordant crime tales, Oscar-winning filmmakers Ethan and Joel Coen ("No Country for Old Men") play it affectingly straight in this stirring remake of the classic 1969 Western. Playing grizzled, drunken frontier marshal Rooster Cogburn (the role that won John Wayne his only Oscar), Jeff Bridges dons a deceptively bumbling eyepatch in his journey to help Mattie (Hailee Steinfeld, in a breakout roles), a willful girl looking for revenge after the killing of her father. But will their mission lead to vengeance, or to something deeper and sadder? Wondrously shot and featuring a gallery of memorable performances, this is a sturdy old-fashioned Western, and one of the Coen brothers' finest, most loving achievements.
Client Looking For A Leasing Attorney
Asian Stocks Rally Over Optimism About Europe
David Moro Sentenced $4.2 MM Broadcasting Equipment Lease Fraud
Ellison unveils new cloud, trashes Salesforce.com
Whitman hopes to decide fate of HP PC division this month
Friendly’s closes 63 stores as ice cream chain files for bankruptcy
Boston businesses brace for prolonged NBA lockout
Pizza in 90 seconds -- from a vending machine
Remembering Steve Jobs
Apple says the company’s co-founder Steve Jobs has died. He was 56.
In a brief statement the company said Jobs died Wednesday. He had been battling pancreatic cancer.
Apple posted this statement on its website: "Steve Jobs, 1955-2011. Apple has lost a visionary and creative genius, and the world has lost an amazing human being. Those of us who have been fortunate enough to know and work with Steve have lost a dear friend and an inspiring mentor. Steve leaves behind a company that only he could have built, and his spirit will forever be the foundation of Apple."
At American Leasing, did some early leasing for Apple Computer, and ran this in Leasing News the day Steve Jobs announced his retirement "Six Great Steve Jobs Moments Caught on Camera"
Enjoying Cabernet of a Certain Age---by Eric Asimov
Wine Writer Robert Finigan Dies
Beginner drinkers get a crush on sweet red wines
Wine Tasting for 1,000 With Robert Parker
Love Those California Whites? Then Try Chile’s Sauvignon Blanc
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This Day in American History
1683 - The first Mennonites debarked for America on the Concord: 13 German and Dutch families from Krefeld Germany, led by Francis Daniel Pastorius. They were induced to come to American through the generosity of William Penn, who offered them 5,000 acres of land in Pennsylvania and freedom from religious persecution. Their settlement, called Germantown, is now a neighborhood in Philadelphia.
World Series Champions This Date
1936 New York Yankees
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