Monitor - January/February 2012

STUART P. PAPAVASSILIOU, SENIOR EDITOR

Welcome to the Monitor’s first issue of 2012 in which we take on the multi-faceted topic of risk management. To set the tone, we’ve moved from last year’s rock climber to this year’s whitewater rafter. You might wonder why. While whitewater rafting is action packed and thrilling, in my view — and I apologize in advance with whitewater rafters who’d beg to differ — the sport doesn’t quite carry the level of risk inherent in rock climbing. It’s our sense that this year won’t offer the same level of thrills and challenges that 2011 had once promised.

JAN/FEB2011 asseTManageMenTissue

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Be that as it may, the times call for skilled practitioners.

For the Equipment Leasing & Finance Professional

asseTManageRslookahead–

also inside: MoniToR exclusive:

Are We Looking Toward
‘A Brave Ne w World’ in
Assessing Credit Risk?
EFI Fraud:
Stranger Than Fiction
Six Months In …
Monitor Catches Up With
SunTrust’s Ken Turner
|JAN/FEB2012 AssetmAnAgementIssue

For the Equipment Leasing & Finance Professional

AssEt MANAgErs ExpEct soME BuMps, But No

ChALLENgES & ExCI TEMENT FoR 2011

‘Big swElls’ iN 2012

Andrew Mesches spies ‘shifting sands’ in credit Management vince Belcastro on cit’s New Efforts in Equipment Finance Dexter’s seven for 2012 – trends & predictions

MoNitor ExclusivE:

In deference to those skilled practitioners and continuing with our custom for this issue, we assembled five asset managers to share their thoughts on what 2012 will bring in their discipline. We thank Key Equipment Finance’s Scott Schauer, CapitalSource’s Will Tefft and Capital One Equipment Leasing & Finance’s Steven Robbins for joining us once again in this year’s roundtable discussion. We welcome back James Grace from Banc of America Leasing, Elsewhere in the issue, The Alta Group’s Dan Morse says healthcare finance providers are well advised to keep a watchful eye on the nation’s capital. But who isn’t these days? Still we note the particular relevance to healthcare finance. Jennings, Haug & Cunningham attorneys John Sinodis and Chris Stovall provide good news for lessors and enforcement of the “hell or high water” clause in their article, a version of which appeared in LEAN’s February newsletter. We thank John and Chris for their work to expand the content of the article for Monitor readers. To round out our features, we are pleased to once again provide you with Bank of America’s CFO Outlook for 2012. For this month’s Profile of Success, our friend from the turnaround industry Howard Brod Brownstein offered to interview Vince Belcastro from CIT’s new Capital Equipment Finance Group.

We’re glad he did.

In our departments, both Dexter Van Dango and Linda Kester play the number seven … Dexter with his seven predictions, trends and observations for 2012 and Linda with her seven-rung ladder to avoid the ruination brought on by rumination. Bill Bosco crunches all of the numbers in his new department, which we’ve titled Crunching the Numbers. Throughout the year, Bill will impart his vast knowledge to our readers on a variety of topics.

With deep respect to whitewater rafters everywhere, we hope the issue makes a splash with you. We’ll be back with our Annual Funding Source Issue and the Monitor’s Fifth Top Private Independents Report in just a few short weeks.

PUBLISHER Gerald F. Parrotto

EDITORIAL/PRODUCTION SENIOR EDITOR Stuart P. Papavassiliou

ASSOCIATE EDITORS Amanda L. Gutshall Lisa M. Goetz

ART DIRECTOR/PRODUCTION MGR Crystina Bianco

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MONITOR® JAN/FEB 2012, VOL. 39, NO. 1 (ISSN 1948-190X), is published bimonthly with an additional issue in June, by Xander Media Group, Inc., 409 E. Lancaster Ave., Wayne, PA 19087. Periodical postage paid at Wayne, PA and at additional mailing office.

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