STUART P. PAPAVASSILIOU, SENIOR EDITOR
Gerald F. Parrotto
Stuart P. Papavassiliou
Amanda L. Gutshall
Lisa M. Goetz
ART DIRECTOR/PRODUCTION MGR
It’s official! ABF Journal is ten years old. At least, that’s what our Volume 10, No. 1.
Issue indicates. For the last nine years, issue No.1 has always served up content on risk management and fraud prevention. Since fresh is always more welcomed than canned these days, we’ve
taken a different approach to this issue. Or if you will, we’ve changed the fare up a bit both in
content and presentation.
SUBMIT INDUSTRY NEWS/EVENTS/INFO
Contact: Stuart Papavassiliou
As such we look at risk management from the perspectives of pricing risk, technological risk,
raw materials risk and risks associated with social media. And that’s just our feature content. In
our departments we continue to explore the outlook of various borrower sectors and the grizzly
outlook for skilled nursing facilities. For our turnaround course, we present a very different kind
of turnaround story.
PRIN T/ONLINE/CLASSIFIED AD SALES
Contact: Denise Finegan
Contact: Patty McDevitt
Let’s begin with turnaround. Howard Brownstein (I’m convinced an editor and journalist at heart),
spends time with Vincent Belcastro, group head of CIT’s Capital Equipment Finance Group, a
“new” group emerging out of the company’s turnaround and recovery. While the world of equipment
finance and asset-based lending are generally distinct from one another, many in this industry know
Vince from his background as a senior risk officer at CIT Corporate Finance. In our bankruptcy
department, Jeffrey Manning and Jerry Shapiro, from BDO Capital Advisors and BDO Consulting,
offer a chilling prophecy with regard to what 2012 may hold for skilled nursing facilities.
Contact: Teresa Mulreany
With this issue, readers will note we’ve elected to retire the Factoring Focus department and present
a new department called Specialty Lending Shop. Much of content presented in this section will
remain the same, but we think the new name does a better job in representing the data, news and
articles that land in this section. To launch the new department, we asked Rosenthal & Rosenthal’s
James Occhiogrosso to contribute to ABF Journal’s first Specialty Lending Forecast.
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With our features we welcome back Trimingham’s Hugh Larratt-Smith (another turnaround professional who is an editor and journalist at heart), who regales us with tales from the Gilded Age and
then asks the question: How did pricing return to pre-crisis levels so quickly? If parental discretion
is advised for the grizzly nature of our bankruptcy story, teen participation is encouraged in the
article by James MacGregor of The Abernathy MacGregor Group on risks associated with social
media. After all (OMG), which age demographic better understands the power and utility of this
medium? Metals management consultant John Gross sheds light on the intricacies of the metal
markets with a focus on copper values. Elsewhere, Open Pro’s James Clark and Steven Lebetkin
take us from copper mines to the Cloud and the concept of business processing as a service.
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And there’s more, including this edition’s Profile of Success, which spotlights Michael Maiorino
who finds himself at home in a new home heading up People’s United Business Capital. To Mark
Sheffert, I send special thanks for his enlivening message in this edition’s Letter to the Editor.
I admit, it’s an eclectic fare … I hope you enjoy it.
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2/6/12 3:46 PM