December 3, 2002
Post time 9:43 a.m. PST

 

   

 

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

 

 

  Headlines---

 

Pictures from the Past---1986-Memel-Lucarelli

    CORRECTION: ELA Dues Minimum $2200

     Classified Ads---Jobs Wanted

      Bulletin Board Complaints

       T-Bill Rates mixed in latest auctions

         Omni National Bank Creates Omni Capital

    Streamlined Sales Tax Agreement Features Equipment Leasing

     Jim Meinen Also Now Looking for Money for IDS

      GreatAmerica Names Goddard New VP/GM Med. Leasing Group

        Consumers Out In Full Force on Black Friday

          Manufacturing Shrank in November

            Two Books for Christmas

              Bombardier Wins Order

               Oakland:

                  Stalwart Anchor City for Bay Area Economy

            

 

   Special: Losing the Faith  U.S.Banker Magazine

 

  #### Denotes Press Release

 

 EXTRA—EXTRA-----New Prez Demo Candidate Kerry Pays $75 a haircut, but the flap is the same hair dresser charges Hillary Clinton $150.

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

 

Pictures from the Past---1986—Memel-Lucarelli

 

 

Western Association of Equipment Lessors Funding Source participants Larry Memel(left) and Tony Lucarelli(seated center) of Charter Equipment Leasing, Beverly Hills, CA, discuss services with Forum attendees( not identified).

 

(Leasing News has asked all the associations to send past magazine or pictures, as well

as readers to send us by e-mail or “snail” mail photographs. The invitation is still open.

editor)

 

_____________________________________________________________________

 

CORRECTION: ELA Dues Minimum $2200

 

UAEL Raises Dues, Service Members Hit the Hardest

 

                      by Kit Menkin

 

LA QUINTA, Cal. -Following the Equipment Leasing Association (ELA) announcement of increasing its minimum membership dues from $1200 to $2400,

 

Kit:

Please note: Our min. dues are $2200 NOT $2400. Thanks, Michael

 

Michael Henderson

Director, Membership & Marketing

Equipment Leasing Association

4301 N. Fairfax Drive, Ste. 550

Arlington, VA 22203

703.527.8655; 703.527.2649 (Fax)

mhenderson@elaonline.com; http://www.elaonline.com

 

 

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

Classified Ads---Jobs Wanted

 

(Web Trends reports this site gets an average of over 800 visitors---not hits, individual users, each day.  The Leasing News website gets over 3,500 individual users and

over 18,000 hits a day, not counting our e-mail mailing to 5,000 readers.)

 

Sales: St Lucie, FL

Sales, credit, doc. exp.w/top communications skills. Exp. large territory management from home office. Various industries; golf equipment, construction, ff&e, computer related, and others. Sales achiever. Email:David34983@aol.com

 

Sales: Louisville, KY

I have been in leasing/financing of construction, machine tool, and mfg equipment for 20+ years. Traveled KY, IN, OH and TN.

Email:kyle90@msn.com

 

Sales Manager: New York, NY

I have over 25 years owning an independent leasing company that specialized in truck leasing. Tow trucks, Limos, ambulances, tractors, etc.. Email:rfleisher@rsrcapital.com

 

Sales Manager: Atlanta, GA

30 years in transportation Finance with strong management/ sales background. Represented company on national & region markets. Started two successful operations- produce profits and growth. Email:pml@mindspring.com

 

Sales Manager: Seattle, WA

Senior level sales professional w/ (20) plus experience in mid market financing & leasing. The last (8) plus years being self employed in middle market brokerage. Email:markhenley@qwest.net

 

Sales Manager: Atlanta, GA

Professional. finance mgr. w/formal credit ed./ reg. vp/ secured/unsecured commercial loans/ direct end user network/equip. leasing/structuring small,mid,big ticket transactions. 10+ years NE & SE. Have vendor servicing w/existing and active network of accounts will bring with me. Email:AlanAustin2000@msn.com

 

Senior Management: Long Island, NY

Degree Banking/Finance. 13 years leasing exp. Now prez young leasing company where promises were not met. Interested in joining established firm with future. Email:bob33483@yahoo.com

 

view all job wanted and help wanted ads:

 

http://65.209.205.32/LeasingNews/JobPosting.htm

 

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

 

Bulletin Board Complaints

 

 

12/3/2002

 

Michael Granieri and Associates

Miltown, New Jersey

http://www.granieriassociates.com/

 

Mr. Granieri is a member of the Leasing News Advisory Board and very well-known

in the leasing industry as a trainer.  He has written many articles for the Monitor and

Leasing News. http://www.leasingnews.org/articles.htm#leasecloser

 

October 12 we received this e-mail:

 

Name = John  McGee

               Address = 2249 Broadway #8

                  City = Grand Junction

                 State = CO

               Zipcode = 81503

                 Phone = 970-245-4600

                   Fax = 970-2454684

                 Email = jmcgeemesa@aol.com

 

“I sent two new  employees to a Granieri Leasing Seminar in Denver. The teaching was a extremely poor as the instructor, a Michael Granieri was incapacitated and unable to deliver the course . My students left after a start time of 09:00 and Michael asked them to take two 30 minute breaks  prior to the lunch break @ 11:30. The students left prior to lunch time as even new  sales reps knew they were wasting their time and money for a substandard course.   Discussions with Michael Granieri 8/16/02 indicated that a full refund was forthcoming as he was sick and unable to speak. I agreed with him that a full refund of tuition would be fair.

  “He has refused to return phone calls, e-Mail and faxes or refund the funds paid for the course as he agreed .

“I would alert all trainers to avoid this unethical firm and to AVOID THIS FIRM AS A TRAINING RESOURCE FOR THE LEASING INDUSTRY.”

 

Leasing News spoke with Mr. Granieri since this e-mail with promises of “taking

care of this.”  He had a case of “food poisoning” before the event.  He also stated

his health had not been very good since the incident.

 

 

 “Please pull up a 10/12/02 post that you have held pending a response from

Mike Granieri. Per you email 11/20 /02 I have been on hold awaiting any

response until after the holiday . You need to publish this under the " Fair and Honest Reporting " guidelines that you publish.”

 

 

John McGee

Mesa Financial Services

970-245-4600

 

12/3./2002

 

“I registered two employees for his Top Gun seminar which he was planning for Charlotte, NC October 7th.  On the 4th late in the evening he left me a message saying he had to cancel the seminar due to lack of attendance.  He rambled on about people backing out.  He said he was planning on rescheduling it for later in Oct. or early Nov.  He advised we could attend one of those or be refunded our fee and pay again if we decided to attend later.  I left him a message and sent him an e-mail advising we would consider attending a future Charlotte date if we could but refund the Visa charge in the mean time.  I never heard from him again.  I sent 4 e-mails and 4 - 5 voice messages. The last VM I advised I would report this to the National Association of Lease Brokers and you.  To this date I have never heard from him.  I filed a complaint with my credit card company who has temporarily refunded my $320 fee.”

 

Stan Ragley - Leasing Resources

sragley@goleasing.com

 

Leasing News spoke with Mr. Granieri on two occasions where he advised Mr. Ragley

not to cancel the credit item, that he would send a check.

               

12/03/2002

 

“I have not heard from Mike since he left me a VM on Friday evening October 4th.  That's when he told me the class was cancelled for the October 7th and that I could have my money back or reschedule for another class.

 

“I received a credit from Bank of American, on my Visa, and they will chase him for their money.”

 

 

12/3/2002

 

Triangle Financial Services

Westmont, Illinois

 

April 23, 2002 Kriti Guin dba Smouth You of Humble, Texas entered into a lease agreement with Triangle Financial Services.  She signed the lease papers and sent

in a check. for $1,065.56.  Another vendor got involved, delivered the equipment,

and then there is a period of time.  Kristi Guin says she never told the vendor to deliver

nor did Triangle Financial.  Leigh Morris of Triangle Financial Services said another

contract was sent, but during this period she moved to Oklahoma.  The equipment was

for treating skin abrasions.  The situation had changed and the original funder evidently

did not want to do the lease to the new address.  In the meantime, the vendor wanted

to get paid and was seeking return of the equipment.  Leasing News advised her

that she should either pay for the equipment or allow the vendor to pick up the equipment

or have the vendor find another leasing company.  Triangle Financial Service refused

to return the deposit, sending an unsigned form that allegedly allowed them to keep

the money if the lessee “breached the contract.”  Whether the addendum was signed

or not, Leigh Morris states the lessee moved and changed the situation.  The lessee

says Triangle Financial Services did not perform in a timely manner and therefore

the deposit should be returned.  Leasing News for almost a month tried to negotiate

a settlement; however, the complaint appears legitimate so we post it.  We have

asked Mr. Morris for a statement many times to post with the complaint, and after

waiting two weeks, this is now posted.

 

 

T-Bill Rates mixed in latest auctions

 

By Associated Press

 

WASHINGTON (AP) Interest rates on short-term Treasury bills were mixed in Monday's auction with six-month bills rising to the highest level in a month while rates on three-month bills were unchanged.

 

The Treasury Department auctioned $14 billion in three-month bills at a discount rate