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October 17, 2012
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Daily news for the equipment finance sector

  Industry News 
  Market Trends 
  Government & Regulatory 
  • Sen. Shelby requests more information on Basel III
    Sen. Richard Shelby, R-Ala., says in a letter to regulators that he wants to know whether the banking system will be safer under Basel III. The senior Republican on the Senate banking committee is asking for more information, such as analysis done by regulators on how the rules will affect banks' capital levels. The Wall Street Journal (10/16) LinkedInFacebookTwitterEmail this Story
  • German finance minister calls for deeper integration
    Saying Europe "must now make bigger steps in the direction of a fiscal union," German Finance Minister Wolfgang Schaeuble called for a currency commissioner with budgetary power, as well as voting reform in the European Parliament. The proposals, including veto power over national budgets, are likely to draw opposition from other governments. Separately, Greece managed to achieve a slightly lower interest rate in an auction of three-month treasury bills. Reuters (10/16), (China) (10/16) LinkedInFacebookTwitterEmail this Story
  Best Practices 
  • Don't wait for leaders to emerge -- develop them
    Good bosses ensure their company has a steady stream of up-and-coming leaders, writes Joel Garfinkle. Try offering mentoring to workers who get glowing reports from their bosses and peers, Garfinkle advises. "These are the rising stars who care enough to do their very best work. Many of them are aspiring leaders who will jump at the chance to be mentored by you," he writes. SmartBrief/SmartBlog on Leadership (10/15) LinkedInFacebookTwitterEmail this Story
  ELFA Member News 
  • CIT study examines economic trends in middle market
    In a study, CIT Group looked at the middle market and its impact on the U.S. economy. The study found that middle-market companies are in a stronger position than they were before the recession. However, there are significant concerns about the economy and the health of their industry. Read more. LinkedInFacebookTwitterEmail this Story
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  ELFA News 
  • What are the most leased asset types?
    Transportation, computer and agricultural equipment were the top three equipment types leased and financed in 2011, according to the 2012 Survey of Equipment Finance Activity. The top three equipment types made up more than 50% of transactions reported by ELFA members responding to the SEFA. See the full picture for more than 25 end-user industries and equipment types, and get comprehensive performance metrics for 109 equipment-leasing and -finance companies -- by volume size, organization type, market segment and business model -- in the SEFA. To download a free summary or order the full report, go to LinkedInFacebookTwitterEmail this Story
  • Share your company's news
    Calling all ELFA members! As a benefit of membership, you are invited to submit news releases to the association using an online form. Your news -- personnel announcements, mergers and acquisitions, new and joint ventures, earnings reports and other items of interest -- will be considered for posting in the ELFA SmartBrief e-newsletter and on the ELFA website. Questions? Contact Amy Vogt at LinkedInFacebookTwitterEmail this Story
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In times of change, learners inherit the earth; while the learned find themselves beautifully equipped to deal with a world that no longer exists."
--Eric Hoffer,
American social writer

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