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Mar 3
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![]() It has been a busy week on the blog as far as the Norvergence comments are concerned. A special thanks to all those who took the time to comment and share their thoughts and experiences (as painful as they were). I think the insights we all gained in terms of what went on and the consequences are invaluable. As tempting as it is to blame everything on the Salzanos and their crew, they could not have pulled this scam off on their own.
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Thanks for the thoughts and support, Kit. I have had worse things said about me, although you may have softened it a bit. I really do believe that leasing goes beyond just cranking out the paper. I know that things change, but I have to admit to missing the industry tightness and camaraderie of the old WAEL days.
Yes, I agree. The internet has its great advantages, but it has made
life less "personal." We are
more knowledgeable, better informed,
at great speed, and more immune
to real personal feelings of friendship.
Kit
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The reason for the flutter of NorVergence comments come from the
"hard liners" who read Leasing News
with the article from Shawn Halladay.
Afterwards, I got several inquiries from various listserves, and sent them your bio from your web site, calling the Alta Group the "equipment leasing think tank"
and giving your creditials, as most said, "He doesn't know what he is talking about."
Personally, I liked learning about the accounting and other issues in the equipment leasing industry, rather than a Jerry Springer free for all.
I look forward to these well written and precise blogs that Mr. Halladay writes, as I think he sums things up extemely
well, such as equipment being a relationship business. When it tries
to become an automated process as it did
in the early part of this century, or "wholesale" buying with "hold backs" or
"reserves," the relationship aspect is
overlooked.
Well said.
Posted by: KIt Menkin | March 3, 2006 6:23 PM | Permalink to Comment