Extra Edition

 

 

Viewed as a major blow to the leasing industry, particularly to the East Coast, Citicorp

has ordered European American to cease third party origination by June 30.  As they did

with Copelco, Citicorp does not like brokerage business.

 

European American President Ira Romoff has resigned.  It is expected Fred Anderson

will be on the streets shortly, along with Omar Diaz and Rich Illich ( I hope we

have these names spelled correct as this was just telephoned in to us from the

crab fest being held by the Eastern Association of Equipment Leasing in Hanover, Maryland.

 

If you will note by the many responses of companies looking for direct salesmen

in recent editions of Leasing News, it appears the trend is going back to the 1970's, where

companies had their own sales force to secure business.

 

We will up-date the Leasing News list soon.