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------------------------------------------------------------------------------------------------------------- Headlines--- Pictures from the Past---1986-Memel-Lucarelli CORRECTION:
ELA Dues Minimum $2200
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 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 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 |