for the "Current Month"
31, 2001 Feds
Cuts Rates 1/2 Point ( Only People Living on Mars Did Not Expect This )
Group Gets First $10 Million Venture Fund--Major Player
Technology Finance Division
Best Ever Earnings Quarter
Overcomes "Letter of Credits"
Knoxville, Tennessee, Acquires Two
Coast Funding A-1 Rating
Updates Credit Rating System
Purchases MacArthur Business Credit
Orix--major change of direction and
personnel to be announced soon. We have not gotten anyone at Orix to confirm or
deny, as our information comes from another very highly reliable source. Please
stay tuned. News at 11pm.
29, 2001 -- Advanta--inside
UAEL Symposium e-mail
It Was Menkin on Yahoo re: Sierra Cities
Tech Data/Financial Services
26, 2001 -- Jim
Lahti's & Richard Galtelli's "Affiliated" Merges with First Commerce Leasing
Advanta Leasing--Closing is Not Smooth as PR "Spin" Would
Lead You to Believe
Royal Bank of Canada/Centura
Banks--Atlanta Connection-Loans and Leases On Line
The Chronological List is Up-dated
25, 2001 -- Rodi on "eLease"
February Meetings Up-Date
Acceptance reports net auto leasing losses$820,000/$1,489,000 3 months/year
Trinity Industries, Dallas, Texas,reports net loss of $42.4 million
Record 4th for CIT/ Reports 13th Consecutive Year of Income Growth
(The commercial delinquency trend reflected higher past dues in the Equipment
Financing and Leasing segment, report also states. )
eFin Enters Internet Fray with Auto and Equipment Lease for Dealers
People's Bank Declares Dividend of $0.32 Per Share
Fleet, North Fork Prepare Bids for EAB/American Banker
( sent in by reader Chuck Dixon <email@example.com> , thank
24, 2001 -- Mellon Leasing for Sale?
Correction: Saddleback Does Not Accept Broker Business
Equifax/UAEL Announcement "Now Official"
Penske Truck Leasing Commences Tender Offer
Heller Puts "Spin" on Being Downgraded to "Stable"
also adds," (the economy) faces a credit crunch that could impair
smaller lessors' ability to compete effectively,"
Merill-Lynch Says "Rocky Road" and It Tastes Like Ice Cream for
Progress Finance Declares Divident ( yes, there are a number of leasing
companies doing very well today.editor )
New Wireless Management to Revolutionize Biz
23, 2001 -- Advanta Closes Its Door to New Business
February Association Meetings
CapitalStream Names Walter Demaree New Senior Vice President
CIT Commercial Backs Comfin.com/Enters Internet Fray
Yodlee raises $52 million for online account venture
Confirmation: Union Bank Severly Cuts Down Leasing
Textron Up 14% even after Writing
of Internet Losses
The List: Now in Chronological Order
22, 2001 --Sierra Cities/Vertical Net
Fitch Lowers Comdisco Rating due to Venture Leases/Loans
Equifax/UAEL Announcement "recalled."
Leasing Association Dues Comparison/Analysis
19, 2001 -- Saddleback Financial Prez. Warren Emard Announcement
Stream Streamlines Their Operation for New Round of Financing
Makes a Lot of Money--So What Else is New?
Signs Netlease.com---70 Vendors On Line Now
Capital/El Camino Insider News
Line from Canada: Mortgage/Loan/Leasing
Brewing over Your Money/US News.Com
18, 2001 -- Dimensional Funding Lake Tahoe Office Break In Correction
Statesman Bob Teichman Speaks Out
Rodi Passes the Gavel to Chuck Brazier
Zuckerman on the Economy
17, 2001 -- El Camino Leasing Winding Down?
Dimension Funding Lake Tahoe Office Broken Into---Competitor Accused
NAELB Barry Marks, Esq. on Membership
UAEL Ken Greene, Esq. on Membership
Advice to Lease Brokers on Collecting Commissions
MARTICA ESTRADA At BANCUNION SAYS " It Ain't So! "
Leasebynet Joins the Auto Leasing Internet Fray
TCF Reports Record Earnings
LeasePoint.Com Moves Forward
DocuTouch Forms Strong Alliance
Despite Montgomery Ward Expected $1 Billion Write-Off,
GE Reports Record Earnings/Financial Strength
BT&T On Line Announces Second Year Tie In with Intuit for Tax Refunds
Adrian Bulman Remembered
16, 2001 -- TCF Leasing Acquires First Commercial Capital Corp.
Cities "Insider" Comments
Help with United Capital
Capital Credit,Chase Capital/BancUnion Warnings ( not confirmed )
Truck Leasing to Acquire Rollins Truck Leasing
Commercial Equipment Finance Tops $1 billion New BusinessVolume In 2000
To Acquire First International Bancor
Bank Leasing in Formation
January 15, 2001 -- Adrian
Bulman Passes Away----
at the age of 53. He is survived by his wife Beth
and sons Aaron (17) and Evan (14). Funeral services will be held at 3:00 PM on
Tuesday (1/16) at Northside Chapel at Crabapple in Roswell, Ga (770-645-1414).
Adrian had been hospitalized on New Year's Day for chest pains. However, the doctors
determined he had ulcers of the esophagus and asthma, but there was very little
heart blockage. Cause of death is not known at this time. May God hold his family
and friends in the palm of his hand during the days to come.
12, 2001 -- Sierra Cities---oh-Oh, spaghetti-Oh's!
Logic"--Mike Meacher "Plugs" Leasing News
Bank of California Joins 'The List'---66 Leasing Companies--
Closes Lays Off 100 in Hawaii and Guam
County Register on "Leasing"
Comes in for United Association of Equipment Leasing
11, 2001 -- Problems with GrayRock and NationsCredit leases via TEXTRON
United Capital, Austin, Texas Situation Appears to be
Merger Falls Apart ! ! ! No Where to Go????
Hits $5 Billion Lease Mark
Capital/Point 2 Mark On Line
One Free On Line Banking with Brokat
Rents Income Up
and UPS Capital Launch Co-branded Credit Card Services
10, 2001 -- Advanta Leasing Still for Sale Despite Mortgage Division Sale
LeasePoint Gets More Secure
Finds "Office" Leasing On Line ( maybe that is what we should get into )
Downturn ( not again!!!! )
Odds and Ends----
Ken Duffy of Sumit National (
You've Got to Read this one )
Rodi's "Last Word" ( he promises--bring a cup of coffee with you )
UAEL membership comments--Andrew Thorn,Gary W. Psaledas,Annoymous
9, 2001 -- United Capital Sells Portfolio with "Vendors Not Paid?"
Capital, "Yes, it is still not sold."
Predicted" by Morgan Stanley Economist
Still Has Leasing Division for Sale, but Sells Mortgage Company
Leasing---It is Now Official!!!
Implements ERisk's Web-based Software
Expands Senior Staff
Ex-Prez Establishes Lighthouse Capital
Gov. Edwards Gets Ten Years (Raiders to beat the Ravens)
Head Leaves After 5 Months To Become CEO of Newell
Friday is "the" day for Sierra Cities )
-- Charter One Launches Free Online Banking
Capital---Assigning Leases, Other Vendors Still Not Paid, Bad News to Follow
Bill Grohe Joins United Association of Equipment Leasing Staff
President Bob Rodi on Membership Dues/Joan Dalton
Capital---Martin Bareske Complaint Added to the Bulletin Board
Introduces Real-Time Fertilizer Pricing
Named '50 to Watch' In First Quarter 2001
Purchase with Resource Leasing Corporation
5, 2001 -- LeaseExchange Closing Office, Cutting Staff
Membership Fees--Many Complaints
Leasing Law Web Site------www.leaselawyer.com
International Bank Goes On Line for up to $5 million per Transaction
List ( up-dated, thank you readers for your corrections )
4, 2001 -- Perferred Capital Exclusive Interview with Mark Seif
Old Kent Financial Good-Bye ( added to the List )
BSB Back in Business
Expands eFinance in China with IBM Software
( on line auto leasing ) up 300 percent
UAEL Exec. Joan Dalton Lacks Experience???
Competition for Leasing Companies?
for "Pioneer of Leasing"
-- Feds Surprise: Rate Decrease!!!
Sanwa Gets Active in Equipment Leasing
ePlus Scores More Sales
Launches New Web Site
Finances Diamonds On Line
Bowes Introduces New Product
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