CHARLES G. HENNEBEUL

Its something that I am expecting on the commercial lending side after the elections are over. I don't know exactly when but I am putting my customers into loans that have rates fixed for the next ten years.

The ramifications of the recent Ch 11 (reorganization) of Lehman Brothers is shocking. I had received a call from the commercial division some time ago that they were no longer doing commercial loans and that all 600 were out.

If AIG fails or has to file for BK the lending market will be changed for years to come. If Wachovia goes into receivership by the end of this week it does not eliminate the vast amount of conforming pay option arms that they hold.

I don't short stocks just so you know.

The gloabl ramifications of this problem, has yet to be factored into the commercial lending market.

Freddie Mac and Fannie Mae had a big involvement in commercial loan products. It is part of th reason why the government involvement was crucial to saving the US Economy from plunging into a black hole.

I have received only five hours of sleep last night since being glued to CNBC Sunday Night, and at least tonight I will sleep better knowing the Feds are meeting late into the night as more emergency action will be announced early this week.

I think property values on the commercial and residential lending side will surely go down alot more. I had predicted this in 2004 but not to the extent of what we will see in 2009

Lending to consumers for luxury items will tighten even more or in some areas be eliminated completely.

A friend of mine has a friend that worked at Lehman Brothers for many years and this full grown man was on the phone crying. He is know facing foreclosure and a complete reduction in lifestyle. He didn't create this mortgage mess. You can not blame him. He was not greedy. He has kids like everyone else.

Greenspan was right when in 2004 he warned Congress tha this would be worse than the Savings and Loans Crisis. Even five years after the S&L crisis began the losses were still being unraveled and the maze still being unraveled. Do not blame Greenspan. He didn't sign the applications that thousands of consumers signed.

Save your money. Expect more problems. Prepare for the worse case scenario. Expect the lending criteria to become more strict over the next five years.

The bright side? Cheaper properties, office space will become cheaper for small businesses, unprecedented ability ot take over failing businesses may exist. Those that are willing to show leadership and reign in excessive spending will be rewarded-on the consumer and residential side.

First, we must never forget the fact that unarmed civilians were brutally murdered. Second,They were unarmed. After 9/11 the taliban and terrorist challenged America claiming that we are cowards because we attack them from the air. That is exactly what they did....and the difference is that the people in the Towers were unarmed.

I worked at Chase Bank on Long Island. One month prior I had turned down a job offer from another financial company whose office was located at 7 World Trade Center. Of course calling his office phone number was in vain as the only thing that came up was some type of busy signal. 3 days later I received a call that he was fine. Driving on the way to work for some reason I had the AM radio on. I usually have the radio OFF on the way to work. Today was different. A news flash came across the radio that a "small" plane had hit the Tower. I thought , well that's bad, maybe only a few people were killed. I drove a little faster to get to work to see if my boss had the Internet on. I was preparing to open the bank and my Boss called me in. Showed me the computer screen and he said another plane had crashed into the other Tower. I said to him.."That's not an accident..that's some sort of terrorist attack." He looked back at the screen and said "You know you could be right" When my coworker came in she had not heard of the attack, but it would be impressed in her memory for years to come as the news flash cam across that the Pentagon was attacked. That teller suddenly started crying uncontrollably. She handled a few customers but start crying again. Finally I stepped away from the window and asked my Boss why she was crying...he did not know this and called her away from the Teller window. It turned out her Sister works at the Pentagon where 184 people were killed.

A plane had crashed in Pennsylvania. It was headed for the White House. Customers cam into the bank crying, pulling out all their money. Another Financial Rep who was usually more strict than all the Nuns from my elementary school combined(today I thank them for that) took the radio from the break room and put it on the counter behind us that were on window duty(we were all Financial Reps but required to have shifts on the Wondow). It was at THAT point the gravity of the situation hit me. Even the strict Rep was standing by the radio listening to every word.

Our Boss came out of his office, clearly disturbed, spoke in a hushed tone and said that an emergency protocol was being set. i don't remember if their were restrictions on transactions but I do remember the Teller whose sister was in the Pentagon was allowed to work at the Entrance Desk where she frantically kept calling relatives to see if anyone had heard from her Sister. She kept crying and I told her that she must pray and that i would. She smiled and said she wants so badly to hear her sisters voice. I then upon hearng that went to my Boss and said he has to let her go home so she could be with her family. He agreed and let her go home.

I wondered that day if there was anyone I knew in the Towers and had a feeling that my friend's father was still working there. It turned out that he had changed companies once the Japanese Economy had soured and as a result of that was no longer working in the Twin Towers. He was around the 80th floor and we all know many did not make it from that high up.

Some of those that did not make it that worked in the higher part of the building had walked the same hallways as me in high school. Sometime shortly after 9/11 Newsday came out with a front page picture that was a tribute tot eh 20+ alumni from my high school that had died in the Twin Towers. As I looked at the 20+ passport sized photos some of the "kids" photos stuck out. There was Jake..he used to sit a few tables over during lunch break in the cafeteria. I remember that other guy...I used to pass him in the hallways on the way to class. There was Mike...he was on my track team, used to live in Lynbrook like me and worked at Cantor Fitzgerald. He never had a chance. We all know how hard Cantor was hit. Two kids still in my high school at that time would go home early that day because their Fathers worked at Cantor Fitzgerald and were killed. My high school has t.v. in each room. I can not even imagine what those kids went through. They had just been in school for only an hour and surely must have heard that the Towers were being attacked. The pain they experienced that day is unspeakable.

My cousin married a very nice man. He is a business man. He would find out later that day that his cousin, a Firefighter had gone to "Ground Zero". He would never see him again. I never once asked him about it...and He never talks about it. Another family member tells me they were like brothers and for a long time he didn't go into the city.

When President Bush made his State of the Union Address after 9/11 he held up a Port Authority Badge. Mr Howard used to own that badge. His mother gave that to President Bush and I am sure today President Bush has that badge as a reminder. Mr Howard was one of those Alumni whose photos appeared on the front page of Newsday's list of 20+ alumni from my high school that died that day in the Twin Towers.

Today, we must make the most of our lives and pause to remember that many others had their lives cut short. We must remember that family members of the Victims whose lives were also turned upside down because they were Victims of the attack. Their pain and suffering did not end on 9/11. And that is all I can say.

I called around to some and its neat..one lady said she owns some franchise hotels and from that also created her own independent hotels. There are so many throughout the country and they are a vital part of the Tourist industry. I am targeting New York but hotel and motel owners across the country are welcome to call me and explain their situation!

Independent Hotel and Motel Owners have cash flow needs just like any other business and sees the Holidays as generators of cash.

Hotels and Motels need to keep their rooms furnished. If a curtain is set on fire or a bunch of college kids have a beer-fest in room 201 and throw up over the floor the owner of the hotel may be stuck with the Bill. The next patron doesn't want to hear her sob story and just wants a clean bed to sleep in after a long day's drive. So many different expenses happen at the worst time for hotel owners. If no body is checking in to cover these expenses the hotel owner may find they are the ones checking out.

Hotel owners may need cash from a commercial loan to add more rooms on a hotel that was neglected by the prior owner. Maybe the mattresses need to be replaced. Maybe a car crashes into one of the rooms. Maybe a contractor takes the money and runs without completing the rehab work. Maybe the hotel catches fire due to a motivated cigarette. so many maybes and not enough money.

American Cash Solutions Inc has lenders that specialize in hotel loans. Some lenders tell us upfront they don't do hotel loans and we appreciate that feedback. After 9/11 everyone was still travelling and stayed at motels and hotels. where else would they stay? Some analyst claimed hotels would suffer because people would stay home. America did NOT stay home. We packed our bags and checked in.

Charles G Hennebeul

Proud to Be an American

Commercial Loan Broker

American Cash Solutions Inc

http://www.mybuildingfunds.com

631-368-2219

Please visit my website regarding this loan whose minimum starts at $1 million. While there are many Mezzanine lenders we have identified one that does not use the DSCR as a qualifying factor. This means that if oyu were declined by one mezzanine lender at American Cash Solutions Inc another fast opportunity is available.

You can now apply for a business credit card shown on the first page of our website.

We anticipate all business customers will be able to apply for unsecured business loans and lines of credit by May 15th 2008. This is not gauranteed but if it happens we will make another announcement.

We are currently in negotiations with 3 banks that provide for small business owners, unsecured loans against credit card revenue.

At American Cash Solutions Cash Solutions Is Very American.

Charles Hennebeul

Owner

American Cash Solutions Inc.

http://www.mybuildingfunds.com

I have put some work into my website and for consumers have added the following:

****On the Your Fico Score page you can now pull your own credit report. Read about why I put this on my website on my profile page here at Active Rain and on my company website on that page.

****I have added a Page called Business Tips. I think as it grows y'all will like it.

If you are a consumer and send me an email without a contact phone number or any other contact phone number I will email you back requesting a phone number. Since loan scenarios are full of varying factors and it is easier and faster for me to get the info I need from you over the phone I do not present loan scenarios by email. Nothing beats speaking to consumers over the phone and I find that over the phone more information is revealed as the consumer says things that weren't said by email. If you are unwilling to let me know who you are I must assume you are a mystery shopper from the competition and wish you the best of luck!

***For NYC and Long Island Business Owners I am now sure I will be opening up an office but the location is yet to be determined a)It has to be on a Main/Busy Street with great parking b)I want it to be where people can walk in and apply for a loan c)sometime in 2009 the Company will purchase a Commercial Building for expansion..hiring loan officers, and facilitation of Corporate Staff.

Thank You for your support.

Charles G Hennebeul

Owner

American Cash Solutions Inc

http://www.mybuildingfunds.com