July
1, 2002---CIT---Support the Leasing Industry
Gamper
is touting $5.8b stock offering
The
Week's Economic Events
May
Chip Sales Reach $11.37 Billion
Is the United Association
of Equipment Leasing going to survive?
Reaction to Ken Greene's
"Bad News" In Leasing News
Monday--Odds and
Ends
Longshoremen
and shippers say they'll keep negotiating
Bad times turn
worse for venture capitalists
Sage Ron Caruso
Views the Leasing Industry
Choosing Whether
to Cover-Up or Come Clean
July 2, 2002---
Tyco Raises $4.6 Billion in CIT Sale
IPO of CIT Priced
at $23 Each, Will Begin Trading This Morning
Goodbye, Mike
Taft---Smarter than the average bear
National Association
of Equipment Leasing Brokers Grows to 460
GE Pension Cash-----London
Times
Inflation fears rise, trade deficit jumps, foreign
investors flee
Internal WorldCom
Memo (not a joke)
LINC Capital,
Inc.---Up-Date
HSBC to take
over private clients from Andersen
Downtown Las
Vegas casino workers walk after contract talks fail
Manfi Leasing-Accused
or Racketeering by Massachusetts AG
SEC Head
Assails WorldCom Statement
Longshoremen and Management
Negotiate Beyond Deadline Longshoremen
Patrot Commercial
Leasing Adopts American Lease Insurance Program
July
3, 2002---Fleming and ELA Applaud CIT IPO
CIT Shakes Off Tyco's
Leash in a bumpy stock market
eLessors.com Poll Calls
It Right on CIT IPO
S&P raises CIT
Group's counterparty credit ratings
Fitch Raises CIT's
Sr Debt To 'A'
Tyco Not Out of the
Woods----
Financial Federal Announces $200 Million Unsecured Term Financing
Manufacturers Leasing
Purchases Bancorp Group Portfolio
Bob Fisher, CLP---Future
of United Association of Equipment Leasing
National Association
of Equipment Leasing Brokers Membership Up 10.5%
Dell setting up
kiosks in malls
Martha Stewart
Broker Handled Shares for Her Friends
Pacific dock
workers still in talks
Poll: Voters
citywide oppose breakup of Los Angeles
San Diego housing
market in 'bubble,' consultant says
Economy deals
blow to San Jose hotels
Business
leadership is `taking a beating'
Economists
Say Fed Will Wait to Raise Rates
Happy Fourth of July Message from Kit Menkin, editor/publisher
July
8, 2002---Machine tool consumption up 7.7 percent in May,
falls from year ago
Dot.com Shakeout Slowing
Down
Internet Attacks On
Companies Up 28 Percent, Report Says
ACC Capital announces
internal promotions
Monday---Odds and
Ends
Twenty-Five Years,
One Billion PCs
FCC Stymies Broadband in U.S.
July
9, 2002---Vacation Survey---First Results
EBay to Buy PayPal in
$1.5 Billion Deal
Ex-Tyco Counsel Changes Lawyers
Equipment Leasing
Association: 817 Members
41st ELA Annual
Conference-San Francisco
UAEL ACE Conference-San
Diego
eLNA Conference-Atlanta
Report: heavy-duty truck
orders continue to slide
Ted Williams on a Stick????
Special:
Intel chip plant located
on disputed Israeli land
July
10, 2002---Vendor Leasing & Finance Conference
Marlin Leasing Celebrates
Fifth Anniversary
Vacation Survey--Gerry
Egan
Leasing News Classified
Ads
June 12, 2002---Alert
"Popular Digital,
Inc." in Brooklyn, NY
Eastern Association
of Equipment Lessors Down 26 members
NAELB Chicago Conference
March 20-23,2003
Corporate Exec’s
To Keep Majority of Assets If Convicted
GETTING AWAY WITH MURDER
E-mail Not from Kit
Menkin at Leasing News
Vacation Survey---
3 ½
Association of Government Leasing and Finance Nov 20-23
Feds Nix NextCards--Plastic
No Longer Good
Top 100 performing
banks in the U.S. US-Banker.com
Questar Capital
Selects Techfi's AdvisorMart Platform
Krispy Kreme
Big Hit in Boston
"The
Fix is In," McCain says
Silicon Valley's
New Pessimists Talk of Pain Beyond the PC
July
15, 2002---Non-Leasing Business News In Brief
The
Week Ahead
Capital/Finance Leases---Beware!
Speros on Feds Nix NextCards
Layoffs last longer
than unemployment pay
Moneyjobstore---New
website
Key Equipment Names
Jim Epstein VP
Boomers' farms
can go bust
A rich history
of corporate crime
July 16, 2002---Greenspan
Tells Congress--On the Road to Recovery
Stock Markets Tumble
in Europe, Asia
AGLF Loses 32% Membership
Photoshop Owner: Open
Complaint
Advance Rentals---Accusations
Confidence Falls
With the Dollar
Not My E-mail
Still Making the Rounds
e-ClassicSystems Leasing Program for ATM Manager Pro
eLessors Networking Association
Evolving Beyond Technology
Take Me Out To The
Ball Game . . .July 24th, Anaheim, CA
First Niagara Financial
Reports 2nd Quarter Earnings
Willis Lease Finance
Recruits Monica J. Burke as CFO
Business Leasing
News---July Edition by David G. Mayer
Why stock options
are an evil not addressed--NY Times
Dennis Brown---Streamline
Sales Tax Report
Non-Leasing
Business News In Brief
July
17, 2002---Chicken Little
Wednesday---Odds and Ends
PinnFund investors sue
audit company
24-year sentence overturned
for convicted infomercial guru
Earnings rise at four
banks, despite sluggish economy
Bank One,
KeyCorp, Mellon, Wells Fargo
U.S. Bancorp
QII Net Income Rises 46 Percent
Housing
Market Index Rises One Point in July
Options Must Be Treated
as Expenses, Global Panel Says
MicroFinanciald “Preannounces
“ Second Quarter of $0.13 to $0.15
D&B plus Fair
Issac Launch "Small Business Risk Insight"
(New credit score
program, eliminates more real people)
Top Business
Briefs
July
18, 2002---Where is Chuck Brazier?
Barry S. Marks on:
Photoshop Owner Complaint-Advance Rentals
Capital One Stock
Falls By Nearly 40 Percent
Polls: Public concern
about economy grows;
four in 10 say
it's getting worse
Housing construction slips in June, but sector remains healthy
American Bank Leasing
Appoints Jeffrey G. Schubert EVP
Bid to Simplify State
Sales Tax Snags on Level of Enforcement
News Briefs----including
Seahawks Stadium Ready for Opening
as promised: African E-Mail
(non-Nigeria )
July 19, 2002---Commercial
Money Center Up-Date
MSM Capital---Up-Date
Fed chief fears SEC `overload'
August 6---Arizona Diamondbacks Game
Friday---Odds and Ends
LeaseTeam, Inc. deepens its investment in Customer Retention
Excerpts form ELT E-Leasing Newsletter
News Briefs---including
Boss George not the only player in baseball's Blame Game
July
22, 2002---WorldCom files for bankruptcy, largest in U.S.
history
To see the latest in
the stock market----
BK should not mean any
sudden problems for WorldCom customers?
Samples from a bag
of accounting tricks
1963---Bank of
America First to lease Personal Property
The Week's Economic
Events-----
Equipment Leasing Partnerships Settle Class Action Claim
West Coast ports connected
to every aspect of U.S. business
Blacks making steady
progress, but still litter parity with whites
Amtrak's woes leave
passenger service on east coast in limbo
Leasing---The definition---Jerry
Withrow
Bob Rodi on Stadiums
and Amtrak
State Bancorp
2nd Q 18% (Studebaker-Worthington Leasing)
Are we on the
verge of a double bubble? ---Ann Perry
July 23, 2002---Origins of the Leasing Business--Stan Evans
Citigroup Said to Mold
Deal to Help Enron Skirt Rules
$3.1 billion lost
since final quarter of 2000
MB Financial Bank
to Acquire LaSalle Systems Leasing
Tuesday-Odds
and Ends
Pacific Capital
Reports Record 2nd Q Earnings
Bank of Walnut
Credit Reports Earnings/Leasing Div
MB Fin.
53% Increase in 2nd Q Net Income
News Briefs---49ers,
Will They Surprise You Again This Year
Extended Family Unites in Tribute to Ted Williams
July 24, 2002---Finally---A
Major Stock Rally
Banks Lead the
Way--NY Times
Northland Financial
Group, Minnetonka, Minnesota Complaint
Personal Credit
Information Available to Anyone----Not!!!
UAEL Philadelphia
Funding Retreat---Go for It!!!
Leasing
News Library
Wednesday---Odds
and End
New Jersey's
Lakeland Faces Suit Over Surety Bonds"
MB
Financial Bank Agrees to Buy LaSalle Systems Leasing"
"Large
Chapter 11 Bankruptcies Highlight Use of DIP Loans"
U.S. Export-Import
Bank Leasing U.S. Equipment to Russian Farmers
Rhode Island
bank embezzler leaves prison after 10 years;
says money
is 'all gone'
News Briefs---Rumph
signs 5-year contract -49ers' top pick ready to go
July 25, 2002---National Penn Forms Leasing Company;
Bennett Named CEO
Congress agrees on new accounting laws
Leasing News Classified Ads------
PostOnce---New Website for Posting Jobs
IKON Reports Third Quarter Earnings Up 12%
Uncertain Business Climate Continues
to Affect Commercial Real Estate
Price of Homes Continue to Rise in S.F. Bay Area
Dockworkers rally for deal--Could Come Monday
UCB Appoints Edward Schultz to Sen. VP & Mgr.
PACCAR Reports Higher Sales, Net Income
News Brief----Football Rarity: Da Bears--- All draftees signed
July
26, 2002---Consumer confidence in economy
drops in July
Bustin Survey--Business Recovery Early 2003
( other surveys says late 2003 )
In Silicon Valley the onslaught of bad news is nothing new
Community Financial Merger With Synovus
ELA San Francisco Conference
Northland Financial Group, Minnetonka, Minnesota Complaint
Phony E-mails Making the Rounds in the Leasing Industry
Prospect of Hershey sale raises questions about town's future
American Express Profits Wrap Up---No Haiku for CIT
News Briefs--plus
Cowboys ride into San Antonio with high hopes
July 29, 2002---GE Competes with Itself
CIT to Assist Women
Anderson Joins LeaseTeam
Monday---Odds and Ends
News Briefs---plus
4 Golfers to Do
Battle at Bighorn
July 30, 2002---ORIX's
First Quarter Earnings Grow 62%
VC Investment In Q2 2002
Continues To Slide Back
Seismiq Announces
Plan to Launch Loan Application
PayPal Integrated
into FrontPage
eLNA Last
Chance to Register
Accounting scandals, falling market boost sales of some books
Jury awards woman $5
million for credit bureau mistake
News Briefs----N.B.A.
Will Use Instant Replay
July
31, 2002---Consumer Confidence Falls Nine Points in July
Economic Growth Slowed Sharply 2nd Quarter
Republic Leasing of South Carolina Cuts Over 100 Brokers
Feds Round Up Alleged Internet Scammers
Everyone Invited-August 6th---Tempe, Arizona Get Together
Putzmeister America Signs with eMarket Capital
Corrections---Statement from Editor re: eMail News
Chicago 2003 - Plan to Be There!
News Brief-plus
Chiefs' Coach Describes His Team Practice as Horse (manure)
