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Friday, July 18, 2008
This Weeks Articles:
DEBT CONNECTION SYMPOSIUM AND EXPO® 2008: PROVIDING THE QUALITY CONTENT YOU REQUIRE IN THIS CHALLENGING ECONOMY
From "Impacts of the Economy on Operations" to the Operational Strategy Sessions and the Great Debates, DCS 2008 will bring together experience and leadership to provide strategic and operational answers to address the current Collections and Recovery environment.

"Witty, iconoclastic and engaging" says the Wall Street Journal of Todd Buchholz
The Associated Press says Buchholz "lights up economics with a wickedly sparkling wit". Our Featured Keynote Speaker will bring his experience and insight to a discussion on "Building Prosperity in a Chaotic Economy".

The two Operational Strategy Sessions bring solid industry experience to the presentations on Understanding Scoring, Segmentation and Skip Waterfalls, with Dan Buell of Experian, Chris Lee from Asset Acceptance Capital Corp, and Brian Winn of the Winn Law Group; and Utilizing and Optimizing Contact Solutions with Don Davey, Matt Edmunds of SoundBite Communications, and John McNamara from LiveVox.

Please join us at the one conference you won't want to miss this year.

Dennis and Judy Hammond present the Debt Connection Symposium and Expo® 2008, September 3 - 5, 2008 at the San Diego Marriott Hotel and Marina.

For more information, please go to:

www.dcs2008.com

BANKING GIANT REPORTS $2.5 BILLION LOSS, BUT RESULTS ARE NOT AS BAD AS ANALYSTS HAD FEARED.
NEW YORK - Citigroup booked a $2.5 billion quarterly loss Friday, but surprised investors as it took fewer painful marks against its books and stayed ahead of Wall Street's dreary earnings projections.
read more

CREDIT UNIONS ARE WITHSTANDING THE TURMOIL IN FINANCIAL INDUSTRY
Credit unions in California - representing more than 500 financial cooperatives that serve nine million consumers (members) - remain safe and sound and continue to demonstrate positive growth, according to the California Credit Union League, the state association for credit unions.
read more

SENTINEL TO OFFER PAYMENT VISION GATEWAY SVCS TO USERS OF ITS COLLECTION SOFTWARE, ECOLLECTIONS
GAITHERSBURG, Md. - Sentinel Development Solutions, one of the leading providers of receivables management software for the collections industry, announced today that customers of its collection management software, eCollections, will have access to Payment Vision Gateway Svcs, through Autoscribe's PayAPI 2.0 web service.
read more

DENNIS AND JUDY HAMMOND ARE PLEASED TO ANNOUNCE MORE FEATURED COMPANIES TO THE SCHEDULE OF INFORMATIONAL SESSIONS.
Dennis and Judy Hammond are pleased to announce more featured companies to the schedule of informational sessions. Arrow Financial Services, LLC, Bank of America Card Services, Capital One, Capital One Auto Finance, Chase Auto Finance, DFS Services LLC , NCO Group, Inc. and Sterling Jewelers, Inc. will all be holding Featured Company meetings as part of Debt Connection Symposium & Expo® 2008, September 3 - 5, 2008 at the San Diego Marriott Hotel and Marina.

The Featured Company meetings allow Creditors and Debt Buyers to hold private scheduled vendor management or portfolio preview meetings with qualified current or prospective agencies or partners. A quality line up of speaker presentations for your education needs, quality networking opportunities and, once again, we will celebrate industry achievement and raise some money for two very worthy charities at the Thursday evening Black Tie Awards and Charity Gala.

In additions to the Featured Company meetings, VeriFacts and the VeriFacts Recovery Network will be holding a series of User Meetings that include discussions on Auto, Bankcard, Collection Agencies and more.

All Featured Company meeting and User Meeting attendees must be registered attendees of the Debt Connection Symposium & Expo® 2008.

For more information and registration forms, see the conference website
www.dcs2008.com

MERCHANTS AND CONSUMERS WELCOME JUDICIARY COMMITTEE PASSAGE OF BIPARTISAN LEGISLATION TO CRACK DOWN ON HIDDEN AND EXCESSIVE CREDIT CARD FEES
The retail community welcomed the House Judiciary Committee's passage of the "Credit Card Fair Fee Act" of 2008 (H.R. 5546) with the support of virtually equal numbers of Republicans and Democrats.
read more

JPMORGAN MAKES WALL STREET SMILE
NEW YORK - JPMorgan Chase said Thursday that profit plunged in the second quarter, stung by $1.1 billion in writedowns, but the firm still managed to beat Wall Street projections.
read more

AUSTIN LOGISTICS ANNOUNCES NEW CEO
Austin, TX, - Austin Logistics Incorporated today announced that John Carreker III has been appointed to serve as the company's Chief Executive Officer. Today's announcement marks the culmination of a succession plan in which Daniel Duncan, the company's founder, will continue to serve on the board of directors and in an active advisory capacity.
read more

INTERACTIVE DATA, LLC (ID) LAUNCHES "ID CELL SUPPRESSION"
ATLANTA, Ga. - Interactive Data, LLC (ID), a leading provider of contact accuracy services, has launched ID Cell Suppression, a product that definitively identifies and suppresses cell phone numbers from caller lists.
read more

FTC OBTAINS COURT ORDER HALTING CREDIT REPAIR SCHEME CHARGED WITH FALSE CLAIMS AND OTHER LAW VIOLATIONS
The Federal Trade Commission has charged a credit repair company and its owner with violating federal law by falsely promising to remove derogatory information from consumers' credit reports - even if the information is accurate and not obsolete.
read more

SAVING INDYMAC'S MORTGAGES
NEW YORK - When FDIC Chairwoman Sheila Bair swooped in on Friday and took over IndyMac Bank, she became steward to billions of dollars in customer savings deposits. She also inherited $200 billion worth of home mortgages - a sizable number of which are in trouble.
read more

BARCLAYCARD US EXECUTIVE TO SPEAK ON IMPROVING CARDHOLDER RESPONSE IN MERCATOR ADVISORY GROUP AND SOUNDBITE COMMUNICATIONS WEBINAR
Bedford, Mass. - SoundBite Communications, Inc. (NASDAQ: SDBT) today announced a representative of Barclaycard US will address "Maximizing Cardholder Response with Multi-Channel Communications" in a webinar presented in partnership with Mercator Advisory Group on Tuesday, July 22, 2008 at 2:00 p.m. ET/ 11:00 a.m. PT.
read more

ATTORNEY GENERAL ABBOTT REACHES AGREEMENTS THAT WILL HELP PROTECT TEXANS FROM IDENTITY THEFT
AUSTIN - Texas Attorney General Greg Abbott reached settlement agreements with Select Medical Corp. and RadioShack that will help protect Texans from identity theft.
read more

DEBT CONNECTION SYMPOSIUM & EXPO® 2008 IS PROUD TO ANNOUNCE THE RETURN OF JIM BELUSHI
Your voice has been heard! After an overwhelming response to bring him back, Debt Connection Symposium & Expo® 2008 is happy to announce the return of Jim Belushi, the "According to Jim" star, and this year he is bringing the Sacred Hearts Band.
read more

WELLS FARGO EARNS $1.8 BILLION ON RECORD REVENUE; INCREASES DIVIDEND 10%
Net income of $1.8 billion compared with $2.3 billion a year ago. Diluted earnings per share of $0.53 compared with $0.67 a year ago. Record revenue of $11.5 billion, up 16 percent from prior year and 34 percent (annualized) from prior quarter.
Record cross-sell for both retail and commercial customers.

read more

LIVEVOX AWARDED PATENT FOR CARRIER-GRADE HOSTED VOIP DIALER SOLUTION
San Francisco, CA. - LiveVox Inc., a provider of hosted dialer solutions, today announced the U.S. Patent and Trademark Office has awarded a patent for the company's carrier-grade, hosted-VoIP-dialer solution.
read more

BERNANKE: FANNIE, FREDDIE IN NO DANGER OF FAILING
WASHINGTON - Federal Reserve Chairman Ben Bernanke told Congress Wednesday that troubled mortgage giants Fannie Mae and Freddie Mac are in "no danger of failing."
read more

MINNESOTA ATTORNEY GENERAL LORI SWANSON FILES SUIT AGAINST AFNI INC., AN ILLINOIS DEBT COLLECTION AGENCY
Minnesota Attorney General Lori Swanson today filed a lawsuit in Hennepin County District Court against AFNI, Inc., an Illinois debt collection agency, for attempting to collect debts from Minnesota citizens who stated they did not actually owe the debts and for failing to substantiate debt that consumers stated they did not owe.
read more

CONVERGYS TO ACQUIRE INTERVOICE, ENHANCING LEADERSHIP IN RELATIONSHIP MANAGEMENT
Convergys Corporation (NYSE: CVG) and Intervoice, Inc. (NASDAQ: INTV) announced today that the Boards of Directors of both companies have approved a definitive merger agreement under which Convergys will acquire Intervoice for $335 million in cash or $8.25 per share.
read more

THOROUGHBRED TITLE AGENCY, INC. CELEBRATES 20TH ANNIVERSARY
CLEVELAND, Ohio - Thoroughbred Title Agency, Inc. (TTA), an affiliate of Weltman, Weinberg &
Reis Co., L.P.A. (WWR), is excited to announce its 20th anniversary. Founded in June of 1988 in Cleveland, OH, as Attorneys Title Agency, TTA opened its doors with just one person focused on simplifying title work and saving time in processing clear and marketable titles for our Ohio clients.

read more

BFRAME SELECTS PAYMENT VISION® TO OFFER PAYMENT GATEWAY SERVICES TO CUSTOMERS OF ITS DEBT RECOVERY MANAGEMENT SYSTEM
GAITHERSBURG, Md. - BFrame Data Systems, one of the leading providers of receivables management software for the collections industry, announced today that customers of its debt recovery software, BFrame Debt Recovery Management System, will have access to the gateway services of Payment Vision®, the popular payment gateway powered by Autoscribe Corp.
read more

INTERACTIVE DATA, LLC (ID) LAUNCHES "ID CELL SUPPRESSION"
ATLANTA, Ga. - Interactive Data, LLC (ID), a leading provider of contact accuracy services, has launched ID Cell Suppression, a product that definitively identifies and suppresses cell phone numbers from caller lists.
read more

IN RESPONSE TO INDUSTRY AND MARKET ACTIVITIES, WASHINGTON MUTUAL PROVIDED THE FOLLOWING STATEMENT ON THE STRENGTH OF ITS CAPITAL AND LIQUIDITY POSITION:
SEATTLE - Washington Mutual, Inc. (NYSE:WM) "Washington Mutual recently raised $7.2 billion in capital and its tangible equity to total tangible assets ratio was 7.8% as of June 30.
read more

Q-SOFT SELECTS PAYMENT VISION TO OFFER PAYMENT GATEWAY SERVICES TO CUSTOMERS OF ITS LEGAL COLLECTIONS SYSTEM, Q-LAW
GAITHERSBURG, Md. - Q-Soft LLC, one of the leading providers of receivables management software for the legal collections industry, announced today that customers of its legal collections software, Q-Law, will have access to the gateway services of Payment Vision®, the popular payment gateway powered by Autoscribe Corp.
read more

IKEA RENEWS NETWORK SERVICES CONTRACT WITH TELECASH
Frankfurt - TeleCash GmbH & Co. KG, one of the leading network service providers (NSP) for the processing of card payments in Germany and a subsidiary of global payment services provider First Data, and IKEA Deutschland GmbH & Co. KG have renewed their existing network service provider contract for cashless payments. Under the terms of the agreement, TeleCash will continue processing card-based payments at IKEA's 43 furnishing retail outlets and restaurants in Germany.
read more

NCO CUSTOMER MANAGEMENT RECEIVES 9TH ANNUAL CALL CENTER EXCELLENCE AWARD FROM CALL CENTER IQ AND IQPC
HORSHAM, PA - Call center leaders and organizations were honored at the Gala Dinner and Call Center Excellence Awards Ceremony, held June 24, 2008, during the 9th Annual Call Center Week in Las Vegas, NV. NCO Customer Management was honored with the top award in the Best Performance Leveraging the Customer Experience as a Strategic Business Driver category.
read more

PAULSON GOES TO CONGRESS TO SEEK AUTHORITY TO STAND BEHIND MORTGAGE FINANCE GIANTS, FINDS SOME SUPPORT BUT SOME CRITICISM AS WELL.
NEW YORK (CNNMoney.com) -- Treasury Secretary Henry Paulson got some tough questioning from lawmakers on Tuesday when presenting his plan to prop up mortgage finance giants Fannie Mae and Freddie Mac.
read more

WELTMAN, WEINBERG & REIS CO., L.P.A. WELCOMES NEW ASSOCIATE KIRSTEN PEPPER TO THE CHICAGO OFFICE
Weltman, Weinberg & Reis Co., L.P.A., the nation's largest creditors' rights law firm based on revenue and placements according to Collections & Credit Risk magazine, welcomes new associate Kirsten Pepper.
read more

DebtConnection.com is a searchable database of collection products and services.
The following Updates and New Entries occured since the last At A Glance was sent:
Portfolios For Sale
$6,868,684.00     Other
WorldWide Debt Exchange
http://www.debtconnection.com/portfolio.asp?571  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1690  

$614,057.00     Judgments
WorldWide Debt Exchange
http://www.debtconnection.com/portfolio.asp?570  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1690  

$1,052,448.00     Credit Cards
L & L FINANCIAL SERVICES
http://www.debtconnection.com/portfolio.asp?569  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?2728  

$3,397,664.00     Credit Cards
L & L FINANCIAL SERVICES
http://www.debtconnection.com/portfolio.asp?568  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?2728  

Agency
BYL COLLECTION SERVICES, LLC
877-840-8102

ACADEMY COLLECTION SERVICE, INC.
215-281-7500

CBI-CREDIT BASE INTERNATIONAL SRL
39.0187-5361151

Consultants
BARTLEY VENTURES, LLC
720-364-8383

Debt Buyers
GLOBAL DEBT NETWORK, INC.
Monica Maynerick
866-559-4339
More Information

FIRST COAST RECEIVABLES, LLC.
347-756-8515

Debt Sellers
GLOBAL DEBT NETWORK, INC.
Monica Maynerick
866-559-4339
More Information

Industry Events
ACA International 69th Annual Convention & Expo
ACA International
The Westin Diplomat Resort & Spa
Hollywood, FL
July 23 - 26, 2008
More Information

Debt Connection Symposium & Expo 2008
Resource Management Services, Inc.
San Diego Marriott Hotel & Marina
San Diego, CA
September 3 - 5, 2008
More Information

2008 Home Equity Lending Conference
Consumer Bankers Association
Hilton Austin
Austin, TX
September 7 - 9, 2008
More Information

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