| |
 |
 |
 |
|
|
|
|
|
Archives
for the "Current Month"
Studebaker Worthington Leasing Sold to State Bancorp LeaseExchange To Receive "Live" Pilot U.S. Capital, Santa Barbara, California--A Mail Box!!! Efinanceworks to Return $150 Million Greenspan Says Economic Downturn Isn't Over Yet, Blames Manufacturing Kropschot Financial Announces Completed Transactions Advance Rental Controversy Continues Earthquake in NorthWest--just happened. Finova Bailed Out by Buffett-Led Group eFinanceWorks Bites the Dust United Capital Survives---They Say. Advance Rentals and/or Committment Fees? VenServe Gets New CFO-- R. Jeff Macartney --formerly Balboa/Col.Pacific/LB Credit
Sixty-Two Percent Of The $1 Million Plus Homes Sold In 2000 Were Located
In Viking Capital Enteres China Arena--- Bob Rodi to Give Special China Leasing/finance Report in March--- March 14,2001 The Los Angeles Venture Association: -- More than $100 billion in capital sources to be represented amongst the 65 speakers from leading firms in the investment capital field.... full story and agenda near end of report
February
27, 2001
-- Requesting a Proposal
February 26, 2001 -- Advance Rentals---Rage!!! eLease--Employes Let Go, Prime Street is "History." Finova Hurtle Tomorrow---Dow Jones Predicts Showdown (( note: Lehman Bros. ( who are also involved with United Capital) are discouraged,in addition, Finova needs operating cash---see story )) Advance Rentals---Ken Greene,Jr./Barry Marks/Name and Company Name With Held Ampent/PDC Solutions "Small Ticket Internet Platform" UAEL Funding Retreat--early returns Auto Leasing Customers Sues Banc One over "Late Fees"--Triggers Class Action Suit Farm Credit System Reports $1.422 billion Year-End ( They are also very active in equipment leasing. editor )
February 22, 2001 -- New Trouble at GATX Jury Trial WINR Business Credit Changes Name to TCF Express Leasing Microfinancial Turns Internet Profits Advanced Rentals Comments Committment Fees Reader's Comments
Special:
What American Express Brings to Sierra Cities Besides a Lot of Cash February 21, 2001 -- Preferred Capital/Advance Rentals AccessLease.com Becomes Ampent Baltimore Technologies and eOriginal Enter WWW Fray Citibank Also Picks Up Dell Computer Financing Comdisco Gets Serious Class Action Fraud Lawsuit Rents in Fog City Falling After Dot-Com Shakeout ( Is Silicon Valley Next? )
Readers Rate the Rodi-Goodman Show------------
February 21, 2001 -- Steve Geller will be joining the Leasing News Advisory Board
Preferred Capital/Capital Werks--Announcement Soon!!! Where We Get Our News----- Amstat Joins On theDock.com Lyons Financial to get New Digs More on JDR and U.S. Capital--There is a Soap Opera here! Heller Quits Doing SBA Loans Oracle Has the Ex-President and B2B, too at Emeril Lagasse http://starchefs.com/ELagasse.html GATX and Airplane Warranties Netbank CEO Gets Federal Reserve Board of Governors Appointment Rodi-Goodman---Will You Pay to See Them Wrestle at a Leasing Conference???? Lyons Credit Correction to Yesterday's Story Lyons Credit:-) Still Seeking New Business You Heard It Here First:-( eLease Bites the Dust Sierra Cities--Houston Chronicle Story--Quotes "Leasing News" J.D.R. Complaint Backfires????? What is Your Opinion? $100 Million Office Equipment Leasing Conviction, Newark, New Jersey Lafayette, Indiana Loan Indictment--Trailer Tractor Industry and THE "DINOSAUR" RESPONDS -to Mr. Bob Rodi a "pompous ass"
Rodi Doesn't Take it Standing Down-----Hits Back United Capital---Leasing News Would like to hear from Steve Dallas ( We have e-mail, phone messages to his cell phone, plus have spoken to United Capital attorney to obtain a comment, verify or deny the many broker complaints we are receiving.editor ) "Smartmoney" Expects Finova to Fold along with other large leasing companies ) " the truth is no one really knows how bad the credit-quality issues are at the nation's banks ( leasing companies)." "DowJones" Sees It the same way as "Smartmoeny" re: Finova ( "When Will the Bad News End???" ) Lyons Capital--Remembered ( List to be Corrected ) U.S.Capital, Santa Barbara--makes "Customer Complaint" List http://www.leasingnews.org/bulletin_board.htm Bay View Capital Reports fourth quarter 2000 net loss of $92.5 million CIT Freezes Broker Business--But They Want the Fashion Industry: 7thOnline Provide Financial Services to the Fashion Industry via CIT Sterling Bancorp Declares 221st Consecutive Quarterly Cash Dividend Penske/Rollins Truck Merger Deal Gets Clearance February 14, 2001 -- First Sierra sold to American Express for $5.68 per share in cash. We predicted this last week, naming the company and floor price. American Express active in equipment leasing, likes what it sees, and Sierra Cities is the vehicle, not Advanta or others that it has viewed to purchase. -United Capital Warning--from "Name With Held" -Wells Fargo Equipment Leasing Pres. Jim Renner Views 2001 -Conseco Accused of Falsifying Data -Finatra Moves to Consumer Financing/No More Commercial Financing -Banks Investing Millions in mBanking -Ken Goodman Returns Bob Rodi Gauntlet -GE & FEI Good News February 13, 2001 -- CIT is Closed to Brokers!!! Official Brian Madison Leaving U.S. Mellon--also U.S.Mellon for Sale???? It is Official: GATX Buys El Camino Portfolio ( as we reported a month ago, world's largest independent leasing company is now ATEL Capital, San Francisco) Dana Corp. posts a fourth-quarter net loss-once a major player in leasing First Sierra: Announcement to be Made Late Thursday Greenspan "Sober" Message--Fed Ready to Act ( but really only affects 10% of bank business, tax cut appears necessary for economy. editor ) Rodi Throws the Gauntlet: "... keep charging those fees. Now that I think of it it's a great sales tool that I can use against you." Bob Rodi, LeaseNow eMarket Signs GMAC Broker Says, "Let's Stick to Major Issues": Survival How Much Will You Save: Pres. Bush Tax Plan aka www.turbotax.com Venturi Sticks Funder with $2 Million Loss--Who is it? Fitch Changes Rating on CIT and others ( bottom of report ) Netbank Gets NCR On Line Point Capital, San Francisco, Appeals NASDAQ De-Listing Arizona Cardinals Get New Stadium ( what the heck? It's a big news day, and this is important to all fans ). February 12, 2001 -- CIT-Atlanta Open or Closed? Old Kent Closing Doors to Broker Business More Pro Linda Kester Funders Leasing Fee Comments NCC Scam--Vendor "sale/leasebacks" as New Equipment eSignatures--Business Technology Editors---- GE Named "Most Admired Company" by Fortune Magazine Survey ( Fourth Year in a Row!!! no wise cracks accepted, you're just jealous ) Comdisco Electronics Tops $100 Million in Sales in First Year in Mexico The Story " Sierra Cities "Private Labels" CompuBank " we considered not as a major story. Compubank announced a similar program for loans on January 17th with Lending Tree.We will re-print it at the end of today's newsletter. We expect more news about Sierra Cities, but will not wait any longer to send out today's news. I expect the suitor to be American Express, who were trained by Advanta personnel and they thought American Express would buy them, but did not. American Express has cash, great customer base, and is approving deals at low rates without much information like they have money to burn. $5 floor rate is the scuttlebutt on the marketplace. As I have stated before, Depping is perhaps one of the best leasing salespeople in the business, a real magician, and I don't think this is just cigar smoke. editor ). February 09, 2001 -- Linda Kester Pro and Con NCC: "Deja vu all over again." Compaq Leasing--Now Offers Free 60 day Trial CompUSA Goes to Trial in Texas--fascinating story Source Capital Declares Dividend— note: they stopped accepting lease broker application last November. " the Company experienced significant early loan pay downs in the fourth quarter of 2000 causing an 18% decline of loans outstanding from the beginning of the quarter to December 31, 2000. The decline in loans outstanding during the fourth quarter was a significant contribution to reduced fourth quarter earnings. " February 08, 2001 -- NCC Enterprises: Fraud Alert Joe Bonanno Has a Web Site!!! Charter One Registers Its 25,000th Online Customer--Free Banking/Service EqualFooting.com Launches New Financial Technology Company Called "Equidity" Banc One, Heller Financial Team With Compaq Leasing/Finance PAYNET Partners with Predictive Business Decision Systems--New Top Gun Schedule Linda Kester: Let's Get Some Positive News February 07, 2001 -- EAEL-NAELB Joint Meeting Comments Linc Capital--Chapter 7 Filing Howard Clark--American Express Visionary Passes Away PLM International Deal Completed The List is Up-Dated February
6, 2001
-- Colonial
Closes former "Tilden Operation" in New York and Anaheim
We hope to have reaction to the EAEL/NAELB Atlanta Joint Meeting Happening as You Read This
February
01, 2001 --Steve
Geller Says "Goodbye" as Orix Closes Rediscount Center To
view our monthly archives please click on the month you wish to view
Use our search field at the top of the page to find a specific keyword.
|
