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www.leasingnews.org Wednesday, March 27, 2002 accurate, fair and unbiased news for the equipment Leasing Industry Headlines---- Not True says John Otto about Centerpoint Financial Colonial Pacific Employees Return to OregonWelcome Home Great News from Susan Adamatis Tyco's CIT debt issue oversubscribed; raised to $2.5 billion UAELLas Vegas ConferenceLeave Your Children at Home.
Equipment Leasing Association Depreciation Schedules
Nigerianfraudwatch.org Launched---Hoopee-de-doo!!!
More Nigeria and African e-Mail Carpediem Offers Regional Seminars in April Pitney Bowes Selects mySAP CRM (not CPL) ## Denotes Press Release ________________________________________________________________________ Not
True, says John Otto
Centerpoint
Financial Services, LLC
1675
Larimer St., Suite 880 * Denver CO 80202 * Tel: (303) 615-5099 * Fax:
(303) 615-9790
Not true says John Otto, chairman of Heritage Leasing, major
stockholder of Centerpoint Financial, am not pulling the plug on Centerpoint. It is true we hit a small bump in the road, but that is taken care of. The
thirty year plus lease veteran with deep pockets confirmed the resignation
of Randy Leasing News has been receiving rumors about Centerpoint for many months. We first learned that Randy Schiell wanted to resign in September, then the Terrorist hit the United States, and he decided to stay for many reasons. It is obvious that John Otto put more money into the company, plus reassured lenders and other lines of credit he would stand behind the company, plus believed the leasing market was turning around.
My confidence in Gordon Roberts as president has never changed or
wavered, to continue to do business with brokers. Gordon Roberts was at Colonial Pacific Leasing, as well as Chuck Brazier, who went to Florida, then joined Oren Hall at Heritage of Sacramento, whos company was absorbed by First Sierra/SierraCities. Both are past presidents of the United Association of Equipment Leasing ( Roberts 1993/Brazier 2001 ). Business is picking up in the entire leasing industry and 2002 will be a good year for all of us, Gordon Roberts said. There really is not much else to add, except that Randy Schiell has gone on to bigger and better things. This
is from a public website about Randy Schiell http://www.americanleasing.com/entertainment/monthjokes/monthjoke_Dec_2001.htm:
(Here
is a current e-mail address and telephone number. He did not contribute to
this story in any way. I am willing to swear that in court. There
is a lot more I
know from other sources, but not from Mr. Schiell. From my observation, Mr. Schiell is on the streets looking for a job. He is a very good man. Editor) Randy Schiell CRSchiell@aol.com 303-467-9654 Welcome Home, Kotter As
a soon to be former lease processor at Colonial Pacific Leasing. I
would like to say on Thank
You to all the past and present Brokers of Colonial Pacific Leasing.
We will miss Good luck to you all!! ( Name With Held ) ________________________________________________________________________ Great News from Susan Adamatis Happy to report I have a new position here in Chicago for a "reputable" lease broker. Again I stress to anyone out there that is looking for a job in leasing and that is "network".
I had worked closely with this broker when I was employed at Old Kent
Again, the position I hold was not advertised through recruiters etc
but by word
Since I have a new e-mail address at work, please change my address to: susana@netlease.com
Regards,
Susan M. Adamatis sophie1900@msn.com (Great news. We will show you our classified at www.leasingnews.org, as we help people get jobs. Everyone is not as lucky as Susan Adamatis. editor ) ____________________________________________________________________ Please send to a colleague. We are not like any other. We are free, no advertising, no banners, no allegiance to any employer or money person. The real stuff. Our readers send us the inside information that we pass on to you, after verification. Help us to grow. Send to a colleague. _____________________________________________________________________ Tyco's CIT debt issue oversubscribed; raised to $2.5 billion By Associated Press, CHICAGO
(Dow Jones/AP) Tyco International Ltd.'s chief financial officer said
strong On
the firm's seventh weekly conference call with analysts and investors,
Mark ''The
deal is going extremely well,'' said Swartz, adding it has been oversubscribed ''Our
access to the public market is sooner than we expected when we began
Tyco
shares were pummeled earlier in the year on investors concerns about In
an effort to calm investor worries, the company instituted weekly
conference Tyco
plans to either spin off CIT to shareholders or sell it outright as
part of Swartz
said even if the company spins off Tyco, the removal of the asset,
Shares
of Tyco fell 34 cents, or 1.1 percent, to close at $32 in trading
( Tyco was selling its CIT in divisions, not as a whole unit. The bond rating of GE has changed this, and we are told by insiders who are not allowed to communicate with us that the action is very similar to having CIT listed on e-Bay. editor ) Las Vegas Conference Dont bring your children. REGISTER BEFORE MARCH 31ST TO GET THE EARLY BIRD RATE!!! "BET ON AMERICA" - EAEL & UAEL Spring Education Conference Caesars Palace - Las Vegas May 2 - 4, 2002 *2 Days of Educational Workshops *Roundtable Discussions *Networking Opportunities *Service Provider Exhibits *Anthony T. Galie - Keynote Speaker on Visualization & Goal-Setting Techniques *Earn CLP CPE Credits at 5 Educational Workshops *Golf Tournament Don't miss this excellent conference in the best convention city in world, LAS VEGAS!! Visit
either www.eael.org or www.uael.org to download the full conference
Save Today - Register before March 31st to get the Early Bird Rate! Call
Caesars Palace at (800) 634-6661 before March 31st to take Make sure to ask for the EAEL/UAEL Group Rate! For questions or detailed information please call either EAEL or UAEL at EAEL: (914) 381-5830 UAEL: (510) 444-9235 SEE YOU IN LAS VEGAS! Joanie
Dalton - Chief Operating Officer UAEL - United Association of Equipment Leasing 520 Third Street, #201 Oakland,
CA 94607 (510) 444-9235 x27 (510) 444-1346 fax joanie@uael.org -------------------------------------------------------------------------------------- Equipment
Leasing Association Depreciation Schedules
ELA posted online a table of examples of depreciation changes pursuant
to the Please
visit http://www.elaonline.com/govtrelations/Federal/DeprtnAdj.pdf
This
is an example of ELA's ongoing effort to keep you informed on current
groundbreaking (Thank you. But why are you going to send an ambassador to the inter-association equipment leasing meeting. ELA is the only organization not participating. Story tomorrow. Shame on Mike Fleming and his staff. Editor) ---------------------------------------------------------------------------------------- Nigeria
launches Web site to target e-mail scams Nigerianfraudwatch.org
Well the Nigerian government is sick of those scams, too. The African
nation, through its high commission in the U.K., recently created A spokesman
for the high commission in London confirmed that his government The site
targets the most common scam, in which the spammer says he is a government
It's
an old scam in a modern package, said Stanton McCandlish, technical
director "This
really doesn't have anything to do with Nigeria per se, and I think
their site However,
Tom Geller, founder of SpamCon
Foundation, an antispam group also "It
is interesting to me that the government itself is taking this seriously,"
Geller Both
McClandish and Geller agreed that more has to be done overall to attack However,
McClandish said too much time has been wasted lobbying governments "Technical
fixes probably shouldn't be that hard, but years and years have been
Both
agreed that the amount and extent of spam has taxed governments' efforts Still,
Geller said, he was cheered by the U.S. Federal Trade Commission's
"It
is always encouraging when a government looks out for the people's In the
meantime, the Nigerian government is encouraging anyone who The
site also lays out other scams, including an appeal for Americans More
Nigeria and African eMail (Leasing
News has printed perhaps as many as 100 letters, all different, but
with the same theme. Here are some new ones sent to us by our readers....we
have more, but will save them for another day.editor ) FROM: Mariam Abacha(Mrs). NIGERIA URGENT ASSISTANCE I
am Mariam Abacha(Mrs), the widow of Late General Sanni Abacha, former
Due
to my present Predicament I am soliciting to entrust this money in Please don't hesitate to assist me because I am very much in need of your help. Thank you, Mariam Abacha(Mrs). (Ex First Lady of Nigeria) Note: you are the only person known about this information, so It must be kept absolute confidential. From: folly boateng <follyboateng@yahoo.com> Subject: CONFIDENTIALBUSINESS Date: Fri, 15 Mar 2002 02:29:15 -0800 (PST) To: kitm@americanleasing.com CONFIDENTIAL MESSAGE TEL:+228-948-61-76. ATTN: Dear Sir, I got your contact through a lady that works with chamber of commerce here in Lome - Togo. I thought I should contact you for a fruitful business relationship. I am FOLLY BOATENG, the son of JOSHUA BOATENG the former deputy minister of finance under the executive civilian president of SEIRRA LEONNE, Ahmed Tejan KAbbah. As at when the military Junta led by major Paul Koromah struck and overthew the government of SEIRRA - LEONE, the president was forced to run into exile in CONAKRY GUINEA while some of his closest aids left to other countries. When the coup took place many top government officials were assassinated including my father who was unlucky not to have escaped with the president. In the course of this confusion, I went into my father's under group safe and saw two trunk boxes containing the sum of thirty-million united states DOLLARS(30Millions US Dollars). I now decided with the assistance of my mother to move this money to my mother's village in the country side for safe keeping while the war was going on. Right now the United Nation (U.N.) and Rev. Jessy Jackson of America with organization of African Unity (O.A.U) heads of state has initiated a peace move in the country between the president and the rebel leader. With this peace talk going on, it gave me the opportunity to smuggle the trunk boxes through a fishing boat to a more safer place in Lome - TOGO in west Africa. On my arrival in Togo I deposited the boxes with a security company as family treasures and jewelries of which the security company does not know the real content of the trunk boxes. I did it for security purposes. Now what I want you to do for me is to help me wire this money to your country or you come down to LOME - TOGO to see this money yourself and we talk about it. For all this your assistance you are entitled to 30 percent of the total amount. I am expecting to hear from you as soon as possible. Best regards, FOLLY BOATENG. We have major world banks in London, and Zurich who are willing to confirm funds for you, against payment of a fee. To receive our offer, please fax: +1 (801) 504 0334 these details on your letter head: (1) Exact verbiage which you require to be issued (2) Face amount required (3) Term of validity required (4) Do you need the confirmation as original hard copy issued by the bank or SWIFT? (5) Minimum fees are US$ 200,000.- which will have to be deposited into an independent law firm's escrow account AFTER we have signed contracts, but before the bank confirmation is issued for you. Please confirm in your fax that you have these funds available right now and that you can accept this mode of payment. (6) Clearly state your e-mail address. ============================================= YOUR REPLY HAS TO COVER ALL THE ABOVE ISSUES. IT SHOULD BE SENT BY FAX TO +1 (801) 504 0334. OFFER WILL FOLLOW WITHIN 24 HOURS. ENQUIRIES NOT IN LINE WITH THIS ARE NOT ANSWERED! ============================================= SUBJECT:BUSINESS RELATIONSHIP This
contact is tantamount to an unflinching desire to establish a understanding. I
am Mr. Louis Taye the former Adviser on special duties to the African region. The
recent development in the country is no more news to the to
transform himself from military to civilian president, he ran away country
Benin Republic seeking political asylum. All the people political Associates, everybody is at large. During
my tenure as the Adviser on special duties I was also in these
privilege positions that I kept in my custody the sum of Only}. without the fore-knowledge of the President. Just
last two weeks I arrived Nigeria the Headquarters of (ECOWAS) political asylum by the country
Nigeria because of my strong opposition to general Robert people. This
is the reason why I am asking for your assistance to enable also have you as my mentor. The
fragile political system in Africa does not encourage me on This
sum has been deposited in a security company in My
problem now is that I do not own a foreign account, that or your company should act just as the beneficiary. This
business is intended to benefit both parties involved, ratio: 10% for you, the account owner and 90% for us. My attorney has perfected all the arrangement to
effect complete dislodgement of this fund. They have I
want you to understand that this transaction must be kept depend on it Thank
you for your co-operation in advance with an assurance Best regards, Louis Taye DR. KEFFE DAFE (CHAIRMAN) DEBT MANAGEMENT COMMITTEE (DMC) FEDERAL SECRETARIAT ANNEX IKOYI-LAGOS, NIGERIA. FOR THE STRICT ATTENTION OF THE MANAGING DIRECTOR/CEO Dear Sir/Madam, RE: URGENT BUSINESS PROPOSAL. We in the above named committee were inaugurated by the Presidency to investigate, review and recommend for payments all Ministerial contracts awarded during the five years of the Late General Sani Abacha (Military Head os Stae in Nigeria (1994-1999). Our committee have also been given the constitutional backing by the National Assembly ( The highest law making body in Nigeria ) to adjudicate and approve for immediate payments in collaboration with the Federal Ministry of Finance (FMF) and the Central bank of Nigeria (CBN)all contracts approved genuinely by these Ministries and Parastatals between 1994 and 1999. These contracts as recommended for consideration and immediate approval for payment must pass preliminary examination for total completion and commissioning of such job/contracts before it can receive the approval of this constituted body. In the light of the above, during our review of contracts awarded in the Nigeria National Petroleum Corporation (NNPC), we discovered contracts awarded to the tune of US$435,500,000.00 ( Four hundred and thirty five Million, five hundred thousand United States dollars ). This, we have discovered that the original contract amount was as quoted initially by the consortium of foreign firms who secured and executed these contracts was US$395,550,000.00. This original contract amount was perfected over-invoiced by US$39,950,000.00 making up the amount above (US$435,500,000.00). Now, we want to seek your assistance and permission to enable us front you and your company as the contractor who executed these contract to put in letter of claim application to transfer the over-invoiced amount (US$39,550,000.00) to your bank account for us. This is because the original contractors have been duly paid their contractual entitlement (US$395,550,000.00) as approved for them leaving behind the over-invoiced amount now floating in the suspense account of the Central bank of Nigeria awaiting claims. These amount is not known to the contractors that executed such contract that we in this committee have approved for claim the over-invoiced amount for immediate payment to ourselves. Your share in this exercise is 30% as the owner of the account and for your other participation as may arise. Please, We need your assistance/permission, total commitment and cooperation to get this money transferred in your account you will send to us. As we are not allowed by law in Nigeria to own and operate foreign account while in government. Inform us of your good interest to do this business with us to enable us give to you more details. Please time is of immanent. Thank you as I wait for your urgent response. Best Rgds, Dr. Keffe Dafe. -- keffe dafe keffe@onebox.com - email (866) 251-5168 x2969 - voicemail/faxAlhaji Tijani Abdulahi ( Director of Operations) Bureau for Public Enterprises (BPE) Federal Government Secretariat Abuja, Nigeria. Direct Fax: 234 – 9 -2726342 ATTN: Joe Reyna INVESTMENT PROPOSAL In
order to liberalize the Nigerian Economy, The Federal Government of
Nigeria As
a member of the BPE, I am not authorized to buy shares in these parastatals
Now
I have the required funds to buy these shares, so I want you to come
in Some
of the companies billed for privatization are Nigerian National Petroleum Your
urgent response is highly required as we need to submit our Letter
of Best Regards, Alhaji Tijani Abdulahi DIRECTOR OF OPERATIONS (BPE) From:Mr. Malenge Uwa Confidential Email:uwa4120@mailcity.com uwa9800a@arabia.com Lagos-Nigeria. Attn:President/Ceo. STRICTLY CONFIDENTIAL BUSINESS PROPOSAL RE: TRANSFER OF US$21.5 MILLION (TWENTY ONE MILLION, FIVE HUNDRED THOUSAND US DOLLARS ONLY). I know this email will reach you as a surprise, but need not to worry as we are using the only secured and confidential medium available to seek for foreign assistance/partnership in a business transaction which is of mutual benefit. I am a member of the Federal Government of Nigeria Contract Award and Monitoring Committee in the Nigeria National Petroleum Corporation (NNPC). Sometime ago, a contract was awarded to a foreign firm in NNPC by my Committee. This contract was over invoiced to the tune of US$21.5M. U.S. Dollars. This was done deliberately. The over-invoicing was a deal by my committee to benefit from the project. We now want to transfer this money which is in a suspense Account with NNPC into any Overseas Account which we expect you to provide for us. SHARE: - For assisting us in this deal, you will be entitled to 30% of the money,60% will be for me and my partners while 10% has been mapped out from the total sum to cover any expenses that maybe incurred by us during the course of this transfer, both locally and international expenses. I would require your company's name,address,telephone cell phone and fax numbers and also, your banking details where the funds will be remitted to. The above information would be used to make formal applications as a matter of procedure for the release of the money. It does not matter whether or not your company does contract projects of this nature described here. The assumption is that your company won the major contract and subcontracted it out to other companies. More often than not, big trading companies or firms of unrelated fields win major contracts and subcontracts to more specialized firms for execution of such contracts. We have strong reliable connections and contacts at the Central Bank of Nigeria, as well as the Federal Ministry of Finance and we have no doubt that all the money will be released and transferred if we get the necessary foreign partner to assist us in this deal. Therefore, when the business is successfully concluded we shall through our same connections withdraw all documents used from all the concerned Government Ministries for 100% security. We are ordinary civil servants and we will not want to miss this once in a lifetime opportunity to get rich. We want this money to be transferred to your nominated bank for us, before the present Democratic Government start Auditing all Federal Government owned Parastatals. Please contact me immediately through my telephone number whether or not you are interested in this deal. If you are not, it will enable me scout for another foreign partner to carry out this deal. But where you are interested, send the required documents aforementioned herein through my above fax number, as time is of the essence in this business. I wait in anticipation of your fullest co-operation. Yours faithfully, Mr. Malenge Uwa Do You Yahoo!? MR. DARVA TABILA TEL: 27-83-508 6854 EMAIL: darvatabila@yahoo.com ATTN: DIRECTOR/CEO STRICTLY CONFIDENTIAL With due respect, trust and humility, I write to you irrespective of the fact that you do not know me. Let me formally introduce myself, I am Mr. Dava Tabila. I served as a special military adviser during the aborted rule of President Laurent Kabila of Democratic Republic of Congo (DRC) , who was assassinated on January 16,2001, by one of his close military aides. I came across your contact courtesy of the World Business Journal from the Johannesburg Chamber of Commerce, in my earnest search for a reliable and trustworthy individual who can help me handle this confidential business. On May 17, 1997, after months of guerilla warfare, late president Kabila came to power by successfully ousting the former dictator, late president Mobutu Sese Seko. After assuming office officially on May 29,1997, late president Desire Laurent Kabila, a former rebel leader, fought a rebellion from the disaffected Tutsis from Goma in the Eastern Congo (DRC), backed by Rwanda, Uganda and Burundi, till late. The late president Kabila had arranged under my care for arms purchase from the Republic of South Africa worth US$23.5 Million (Twenty Three Million Five Hundred Thousand United States Dollars) cash. The money was brought into South Africa through diplomatic means. Soon after the news of president Kabilas death reached me while in Johannesburg, South Africa, I decided to keep the money for personal purposes. Presently, the money is deposited and secured in the vaults of a private security company in Johannesburg for safe keeping. Presently, I am residing temporarily in Johannesburg pending the outcome of an appeal filed on my behalf by my attorney for the Department of Home Affairs to grant me asylum status. At that moment, I am in a dilemma on how to move this money safely out of South Africa due to its government monetary policies, rules and regulations. Moreover, owing to the sensitive and volatile political status of the region, it would be most dangerous to attempt investments here as such act could jeopardize my chances. In recognition for your personal executive powers and investment opportunities that abound in you country, I solicit for your assistance in moving this money into youre a bank account for safe keeping pending my arrival for investment. I have resolved to adequately compensate you by offering a brokerage commission of 20% net pre-transfer expenses you may incur, 5% set aside for general expenses and 75% for investment and I guarantee that all expenses during the transaction are subject to refund. I must emphasize that this proposal requires a high degree of confidentiality and mutual trust. I have in mind to establish a genuine business relationship with you in the nearest future, if you will be able to help me. Please let me receive your approval or reply by direct telephoning or through the email address above and feel free to ask questions you may consider relevant. Please accept my warm compliments, as I earnestly await your urgent reply. Best regards, DARVA TABILA. I am Dr. (Mrs.) Maryam Abacha, wife to the late Nigerian Head of State - General Sani Abacha. I am proposing this business to you because we could be of great assistance to each other, likewise developing a cordial business relationship. I currently have within my reach the sum of One Hundred And Twenty Million United States Dollar (US$120,000.000.00) cash that I intend to use for investment purposes specifically in your country. This money came as a result of a pay back contract deal between my late husband and a Russian firm on our country's Multi-billion Dollar Ajaokuta Steel Plant. The Russian partners returned my husband's share of US$120 million after his death and lodged it with my husband's security firm in Nigeria of which I am a director. Right now, the new civilian government has revoked our licenses to own and operate financial and oil companies in what is part of concerted efforts to break the financial powers of my family by our arch-enemies who now form the majority in the ChiefOlusegun Obasanjo led government. In view of this ugly development, I acted very fast in withdrawing the US$120 million from the company's vault well preserved and packaged in trunk boxes and deposited it in ECOWAS Security Bank. I have since declared our security company bankrupt. No record ever existed concerning the money neither is the money traceable by the government because there is no document showing that we received the money from the Russians. Due to the present situation in the country regarding the government's attitude towards my family, it has become quite impossible for me to make use of the money within the country, hence I seek your assistance to move the money out of this country. On your consent, I shall expect you to contact me urgently to enable us discuss this transaction in detail. Bearing in mind that your assistance is needed to transfer this fund and the transaction will be mutually beneficial. Your urgent response is required. All correspondence must be channeled to our legal adviser, Barr.ken nzekwe through his e-mail:{kennzekwe@justice.com com}I must also use this opportunity to implore you to exercise the utmost indulgence to keep this transaction a confidential issue Thank you. HAJIA MARYAM N.ABACHA. FROM: MR BENJIMIN MOSCOW
DURBAN,SOUTH AFRICA
TEL:27836660536
EMAIL: olddog104@hotmail.com Charlie Lester COMPLIMENTS
OF THE SEASON, THIS VERY CONFIDENTIAL REQUEST FURTHER
MORE , ON THE 20TH OF SEPTEMBER 1999, I WAS INSTRUCTED DOLLARS(
USD$20,000,000.00usd) IN CASH FOR THE PURCHASE OF ARMS I
BROUGHT THIS FUND IN TO SOUTH AFRICA WERE I WAS SUPPOSED TO MY
MISSION. HOW EVER, THE NEGOTIATIONS WERE STILL IN PROGRESS PERSONAL
USE AS IT WAS A GOLDEN OPPORTUNITY AND I COULD NOT GO THE
MONEY WAS DEPOSITED IN THE SECURITY COMPANY HERE IN I
WANT YOU TO KEEP THIS SECRET TO YOURSELF. RIGHT NOW, DECIDED
TO SEECK FOR YOUR ASSITANCE. FOR YOU SUPPORT I HAVE I
WILL ALWAYS WELCOME YOUR SUPPORT TO SEE THAT WE WILL BEST REGARD'S BENJIMIN MOSCOW ROM: Smath Williams Dear sir, I am SMATH WILLIAMS the only son of late chief Joseph Alfred WILLIAMS from Sierra Leone. I got your contact from the chamber of commerce here in ABIDJAN. My sources of your contact gave me the courage and confidence to rely on you. I am writing you in absolute confidence primarily to seek your assistance to transfer our cash of twenty one million eight hundred thousand dollars ($21,800,000) now in the custody of a security trust company here in Abidjan to your private account pending our arrival to your country. SOURCE OF THE MONEY My late father, Chief Joseph Alfred WILLIAMS a native of mende district in the Northern province of Sierra Leone, was the general Manager of Sierra Leone mining co-operation (S.L.M.C.) Freetown. According to my father. This money was the income accrued from mining co-operations over draft and minor sales. Before the peak of the civil war between the rebels forces of major Paul Koroma and the combined forces of ECOMOG peace keeping operation that almost destroyed my country, following the forceful removal from power of the Civilian Elected President Ahmed Tejan Kabbah by the rebels. My father had already made arrangement for his family, my mother, my little sister and myself to be evacuated to Abidjan, Cote dIvoire with our personal effects and the box containing team. My father deposited the box in a private Security Company for the safe custody until after the war when he will join us. During the war in my country, and following the indiscriminate looting of public and Government properties by the rebel forces, the sierra Leone mining coop. Was one of the targets looted and destroyed. My father including other top Government functionaries Were attacked and killed by the rebels in November 1999 because of his relationship with the civilian Government of Ahmed Tejan Kabbah. As a result of my father death, and with the news of my uncles involvement in air crash in January, dashed our hope of survival. The untimely deaths caused my mothers heart failure and other related complications of which she later died in the hospital After we must have spent a lot of money on her. Now my 16-year-old sister and myself are alone in this strange country suffering without any care or help. Without any relation, we are now like refugees and orphans. Our only hope now is in you and the box deposited in the security company. To this effect, I humbly solicit your assistance in the following ways. To assist me claim this box from the security company as co-beneficiary. To transfer this money in your name to your country. To make a good arrangement for a joint business investment on our behalf in your country and you,thecaretaker. To secure a college for my little sister and my self in your country to further our education. And to make arrangement for our travel with you to your country after you have transferred this fund. Most importantly, the security company officials do not know the exact content of the box because it was declared family valuables. The whole documents issued after deposit are in my custody. For your assistance, I beg to concede 15 % of this money to you for your efforts assistance . Please call me immediately you receive this mail for a brief discussion and more information I am waiting anxiously for your urgent response and telephone call. thanks and God bless you Best regards WILLIAMS AND SISTER Carpediem Offers Regional Seminars in April On Economic Stimulus Law New Provisions Triggering Need For Complete Leasing Education Update SALT LAKE CITY, UTAH, --Carpediem International Learning Services will conduct several seminars next month on the impact of the federal government's economic stimulus package, which brings about the most sweeping legislative changes in the domestic equipment leasing industry since the mid-1980s. President Bush signed the measure into law on March 9. The seminars will focus on key provisions of the Job Creation and Workers' Assistance Act of 2002, particularly the 30 percent equipment depreciation bonus. That provision also affects the alternative minimum tax and may spark greater interest in sale-leaseback structures. In addition to suggesting ways to adjust marketing and sales strategies, the seminars will address the Enron fall-out and how that is affecting perceptions of off-balance sheet structuring. Shawn Halladay, founder and managing principal of Carpediem International Learning Services, and an Alta Group principal, says the new law may make purchasing appear more attractive than leasing and thus will affect the negotiating and sales process for equipment lessors. For example, it permits writing off 44 percent of equipment purchases in the first year and 22 percent in the second year for equipment currently depreciated over a period of five years This compares to current law stipulating 20 percent in the first year and 32 percent in the five-year period. The faster depreciation also may increase demand for synthetic leases, at a time when the Enron fall-out is curbing demand for off-balance sheet treatments. "People are already re-thinking off-balance sheet structuring to avoid raising any red flags; they don't want to appear to be hiding anything," Halladay adds. The seminars are designed for lessors across a wide array of job functions, from chief executives and marketing executives to accounting and tax professionals. Halladay suggests that a basic understanding of tax law will be helpful. "While other organizations have offered audio programs to brief the industry on the tax law, such a format can only provide an overview at best, and lessors will need an in-depth analysis and plain language examples of how the law impacts their business," says Halladay. "Our program goes further because it will also address the current financial reporting environment." "The Winds of Change--Coping with the New Tax Law and Post-Enron Accounting Rules" will take place on April 19 in New York City, April 22 in Chicago and April 29 in San Francisco. For a complete schedule, visit www.leasequest.com The fee for the full-day course is $495. Half the day will be spent on tax considerations and the other half on accounting. Attendees may register by e-mail at registrar@leasequest.com or via telephone at 801-322-4499. A complete catalog of training programs is available on request. About Carpediem International Learning Services Based in Salt Lake City, Utah, Carpediem merged with The Alta Group last Fall. The firm's programs focus on current needs in the international equipment leasing and finance marketplace, problem-solving and integration of business disciplines. Courses range from basic leasing introductions to advanced lease taxation and portfolio valuation training. Carpediem also provides custom programs, using CD-Rom or Web-based applications, for in-house sales training and computer-based training. Clients include Caterpillar Financial Services, CIT, CitiCapital, De Lage Landen Financial Services, GE Capital, Pitney Bowes, Siemens Credit Corp., and Wells Fargo Equipment Finance. About The Alta Group The Alta Group (www.thealtagroup.com) is a leading source of corporate consulting and advisory services, education and training to the global equipment leasing and finance industry. It is composed of 12 principals former CEOs, company founders and industry organization leaders who have more than 200 years of combined experience. Based at Lake Tahoe, Nevada, The Alta Group was founded in 1992 by John Deane, John Giddens, Bill Montgomery and Norm Chapman. #### ################################ ############### Pitney Bowes Selects mySAP CRM for Leasing and Asset Management
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statements contained in this document that are not historical facts
are forward-looking
as they relate to SAP are intended to identify such forward-looking
statements. SAP undertakes
differ materially from expectations. The factors that could affect
SAP's future financial results statements, which speak only as of their dates. Note
to Editors: SAP, the SAP logo, mySAP.com, mySAP and all other SAP
products and trademarks of their respective owners. CONTACT: SAP America, Inc. Jim Dever, 610/661-2161 james.dever@sap.com or SAP AG Zaphira Rohde, +49 6227-765-119 press@sap.com or Burson-Marsteller John Alejandro, 202/530-4611 john-alejandro@was.bm.com or Pitney Bowes Inc., Stamford Dan Burris, 203/351-6477 daniel.burris@pb.com ### ############################################# |
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