I think that we can devote our blog to write about business leasing and micro-leasing (microleasing), but I think we will also use our blog to point out things that we run across in everyday life that strike us as corporate behavior at it’s worst. On the night of July 26, a member of the management of JH Equipment Leasing was flying back from Maui to Phoenix on US Air, flight 26. The flight boarded on time, and the member of management was sitting in row 2D. In seat 1A, a pilot, not a pilot on US Air, boarded the flight and was given a free first class seat, seat 1A. In other words, a non-revenue passenger was given a free first class seat instead of US Air giving the seat to a customer, upgrading their travel experience. Shortly thereafter, an invalid was seated in 1C (please see the pictures.) His caretaker, who I learned was his wife, is the woman in the picture in the orange shirt. She spent the duration of the flight, traveling back and forth up the aisle to take care of her husband, from her seat in coach.
The two flight attendants also informed our manager that he would not believe what actually went on at US Air. Our manager, who was seated with his wife and children, offered the wife of the invalid his seat, but she graciously declined. Our management has flown US Air hundreds of thousands of miles in the last three years, but this year, we made a corporate decision to only fly on Southwest, using US Air when we had no other choice. It is fitting that on one of the very few flights that our manager took on US AIr, true to form, their customer service was horrible and lacking in fundamental human decency.
So, if you want to fly on an Airline that puts customers first, fly on Southwest. If you want to work with a micro-leasing company who can help you achieve equipment ownership through leasing, and will bend over backwards to treat you with decency, fell free to call anyone at JH Equipment Leasing Company at (866) 454 2755.
Today was a very grim day for those of you who have been holding onto equities, whether or not you have them in index funds in your 401K or whether you are an investor in specific stocks or bonds. One of the fundamental truths of this market is that the companies that have caused the greatest amount of damage have done so by selling debt instruments that have no underpinnings in financial common sense. The late Edmund Safra, on of the pillars of banking, remarked that his father had instilled in him the following principle: ”If you loan a man too much money, you turn a good man into a bad man.” Had the lenders, insurance companies, and investment bankers followed Mr. Safra’s sagacious advice, we would not have the financial mess that we are all confronted with.
