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November 25, 2002 Headlines--- Pictures from the Past-2000-Mayhall,
Thorne, Lynse Clarification:
Bankers Leasing, Iowa Classified
Ads---Job Wanted/Help Wanted How
Bad is It? ----Russ Wilder,ATEL West
Coast dockworkers, shipping companies reach tentative
agreement Letters---eMail
to Leasing News Expanding
California's Technology Sector---J.Murti Jackson
and Merrill Assume New Positions at Fifth Third Mort:
Rams Might Consider Trading Warner Some Trip, but Others HitStride in Stretch ###
Denotes Press Release -------------------------------------------------------------------------------- Pictures from the Past
-2000-
Mayhall, Thorne, Lynse
David Ross Mayhall-Pacific Capital Leasing,
Andrew Thorne, Thalman Financial, Curt Lysne, CLP—GE Capital/Colonial
Pacific Clarification: Bankers Leasing, Iowa (Leasing News identified the offices of Bankers Leasing and its subsidiaries
owned by CitiCapital that closed, Illinois, New York,
and in case there is any confusion to any other similar company, such as this one
in Iowa, we print this clarification:) I just want to let you know that there is more
than one Bankers Leasing.
We are located in Iowa, and our name is Bankers
Leasing Company.
We are not connected with the Bankers Leasing
(I believe it is Bankers Leasing, Inc.) that you are publishing articles about. I would
like for you to make that clarification clear to
your subscribers, as we have been fielding calls
from our vendors throughout the country regarding
these stories.
These stories are having a negative impact
on our business. Please issue a statement/clarification to your
readers. Thanks. David R. Selden, President Bankers Leasing Company (800) 247-8136 ------------------------------------------------------------------------------------------------------------ Leasing News List
is Up-dated: The Week's Economic Events November 25 MONDAY Existing-Home Sales: October November 26 TUESDAY: G.D.P.3rd Qtr. revised New-Home Sales: October Prices of New Homes: October Consumer Confidence: November November 27 WEDNESDAY Personal Income: October Durable Goods Orders: October. Beige Book: Weekly Jobless Claims November 28 THURSDAY Thanksgiving None November 29 FRIDAY None Busiest shopping day (6th retail single sales day) (Note: in comparing October, 2001, with this year, it was the month after "September 11"; a better comparison may be with October,2000. Editor) ------------------------------------------------------------------------------------------------------------ Classified Ads---Job Wanted/Help Wanted Sales: Dallas, TX Director, Business Development for international
financial institutions. Global vendor programs with
minimum sustainable volume of $24M annually. CFO
and Treasury contacts with major technology and
energy corporations.Email:tkorpolinski@ev1.net Sales: San Francisco Bay Area, CA 10+ yrs in middle market leasing. Seek direct
lessor only. Transaction size from $500M to $10.0MM.
Client base: printing, food, retail, hvy manufacturing.
Email:edm173@sbcglobal.net Sales: Seattle, WA Sales professional, looking for sales/leasing
position to work from home office. Tenacious, aggressive,
personable. Strong on the phone. Outstanding PC,
cold-calling, and closing skills. Email:bsmith@mybillsmith.com Sales: Phoenix, AZ Sales professional with 10 years of leasing
experience, seeking a direct leasing company. Currently
in the IT leasing market with vendor relationships,
Small/middle market arena. Email:cycling4fun2002@yahoo.com Sales: San Francisco Bay Area, CA 10+ yrs in middle market leasing. Seek direct
lessor only. Transaction size from $500M to $10.0MM.
Client base: printing, food, retail, hvy manufacturing.
Email:edm173@sbcglobal.net Sales: Mission Viejo, CA Account Sales Executive with 10 years of leasing
experience looking for company to bring existing
customer base. Email:makelly21@hotmail.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: Orange County, CA. Skilled deal-closer at above-average rates.
Entrepreneurial. Accomplished lease-structurer specializing
in transportation. Exp. in direct/ captive &
syndicator environments servicing vendors, brokers,
& end-users. email:originator@sbcglobal.net http://65.209.205.32/LeasingNews/JobPostings.htm Sales:Warminster, Bucks County, PA. 18 yr old, prof. lessor seeks net PVP motivated
sls pros. Top funding & backroom capabilities. email:sbrown@capitalinnovations.com"NAELB" Sales: National: 7 offices Medical & IT/
plus. Seeking professionals w/solid book of business
& high ethics. Exceptional support & commissions.
Expenses paid. 616-459-6800 Email: gsaulter@chaseindustries.com
"UAEL" New “Help Wanted” policy: $50 a line with a four line minimum We are hoping that the Help Wanted ads not only
help people find jobs, and companies find people, but help support
at least for the website work of our staff. Alexa
reports our site as number three in most visited.
We also send out 5,000 e-mail to readers who must
ask to join our mailing list. We do not spam. We
are also very well read as per the many testimonials
we receive, and we find people jobs. To help support our efforts, we are charging
for "Help Wanted" ads. We are much cheaper than our "competitors."
See for yourself: http://www.monitordaily.com/1mediakit/online_adv.pdf
The issue should not be that we are not cheaper,
but a better buy, as we get results. We have regular,
loyal readers. Most of our news comes from insiders:
our readers. The price per line is $50.00. The minimum size
ad will be four lines. Words may be abbreviated.
The ad will run for 30 business days. If the position
is filled before the 30 business days, there is
no discount for a shorter period of time. Once placed,
only minor changes will be made. Companies who commit to three months in advance
will be able to make changes to their space. Payment is to be made either by check sent to
Leasing News, 346 Mathew, Santa Clara, California
in advance or payment may be sent via paypal. We
will confirm the copy of the ad to you for your
approval before printing. Your confirmation of the
proof will also confirms the terms and conditions
of your ad with Leasing http://65.209.205.32/LeasingNews/PostingFormWanted.asp ------------------------------------------------------------------------------------ How Bad is It? --Russ Wilder, ATEL I agree with others. I've been in leasing or equipment financing
for over 24 years now and this is the deadest year I
have ever seen in terms of new business originations and this is the third
recession/economic slowdown I have been through. From
conversations with some of the CFO's or Treasurers, etc. of some of our lessees that I occasionally
talk to it is pretty clear that none of them are acquiring equipment except
to replace existing equipment that is just worn out or uneconomical
to keep fixing. Russ Wilder --------------------------------------------------------------------------------------------------- West Coast dockworkers, shipping companies reach
tentative agreement By Justin Pritchard, Associated Press SAN FRANCISCO (AP) West Coast dockworkers and
shipping companies have reached a tentative contract
agreement that could end the drawn-out labor dispute
that shut down the coast's major ports for 10 days
and prompted the president to intervene. The six-year deal would provide wage and benefit
improvements for union members, plus technology
and dispute-resolution improvements that the companies
needed, said Peter Hurtgen, head of the Federal
Mediation and Conciliation Service. He praised both sides, saying lead negotiators
''demonstrated statesmanlike leadership, which made
this agreement possible.'' The agreement, reached late Saturday, still
must be ratified by a majority of the 10,500 members
of the International Longshore and Warehouse Union.
A caucus of about 100 union members will meet Dec.
7 to vote on the contract, and the entire rank-and-file
will probably vote on it in early January, according
to union president Jim Spinosa. The major sticking points in the negotiations
had centered on the desire by the Pacific Maritime
Association, the industry group, for computerized
cargo tracking systems that will make dockside work
more efficient, but also cost an estimated 400 jobs.
The union, in return, wanted increased compensation
and pension benefits. ''With this contract we are ushering in a new
era of modernization,'' Joseph Miniace, president
of the PMA, said Sunday. ''Workers can harness technology and make it
work for them,'' said AFL-CIO Secretary-Treasurer
Richard Trumka, who joined the negotiations. ''They
can bridle it, saddle it and ride it to job, pension
and economic security.'' Hurtgen declined to give details of the agreement
but expressed confidence workers would be pleased.
''I think once they see the magnitude of the
pension increases, the wage increases it would be
phenomenal if they were to turn that down,'' he
said. Miniace said health care costs are expected
to nearly double from $220 million a year to $500
million by the end of the deal. Pensions, he said,
will end up costing companies more then $1 billion.
Sources familiar with the negotiations said
workers can expect raises of 10 to 15 percent over
the six years. In Tacoma, Wash., local union Vice President
Dick Marzano said workers were glad to have an agreement
before the Dec. 27 end to a Taft-Hartley cooling-off
period that was imposed by President Bush. ''It's a lot better to have an agreement in
hand through the collective bargaining process so
both sides can feel they've accomplished something,''
he said. The dockworkers' previous contract expired in
July. Union member Bernard Bowden, 45, of Antioch,
said he felt ''relief and a lot of apprehension''
about the tentative agreement. ''Six years? You know how things change,'' said
Bowden, who has worked at Oakland's port since 1983.
''It's too long to have a contract.'' The shippers' association had locked out dockworkers
at the 29 major Pacific ports for 10 days, leading
President Bush to invoke the Taft-Hartley law to
open the docks Oct. 9 to avoid an economic crisis.
The ports handle more than $300 billion in trade
each year. The union's top lawyer, Rob Remar, said hard
feelings among rank-and-file over use of Taft-Hartley
could complicate ratification. ''There's a real
bitterness that is going to linger with them for
a long time,'' he said. |
