Computer Pcitures
July 20th, 2007 by admin
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USCG HH-65 Conducts Rescue Swimmer Operations in Barrow
BARROW, Alaska (August 2008) -- Members of Coast Guard Air Station Kodiak conduct rescue swimmer operations offshore of Barrow in support of the Arctic effort. USCG video by PA1 Kurt Fredrickson

Operation Crossbow (1965)
Title from spy/war movie with Sophia Loren and George Peppard. Directed by Michael Anderson who also directed one of my alltime favorites the Quiller Memorandum.

DaNang Area of Operations 1st Platoon, 21st RAC 1969
The scenes in this film are of the DaNang area in 1969. Most were taken from a military jeep and a 0-1 Birddog Army observation and forward air control aircraft belonging to the 1st platoon of the 21st Reconnaissance Airplane Company (RAC). Aerial and ground scenes were preceded by map orientation footage showing the northern provinces of South Vietnam (known as I Corps) and more detailed combat relief maps of the specific areas in and around DaNang depicted in the film. During this period of the war, DaNang had the highest concentration of military forces in Vietnam. Aerial footage of DaNang metro area shows many of the prominent features veterans from all branches of service will remember: the Marble Mountains, Marble Mountain Air Facility (MMAF) , the Tourane Peninsula, China Beach, Camp Tien Shau at the base of Monkey Mountain, downtown DaNang and the Song Han river, Freedom Hill, and the DaNang Main Air Facility. The images of military personnel were taken at MMAF. Footage shows the 212th Combat Aviation Battalion headquarters, BOQ area, and the flight operations building of the 1st Platoon 21st RAC (Black Aces). Later map orientation scenes in the film precede aerial footage taken south and west of DaNang in areas that at times were heavily infested with enemy forces. There are aerial scenes of major 1st Marine Division fire bases such as Hills 34, 37, 55, and 65. Significant operational areas in the footage include the Dodge City Area, Happy and Mortar valleys, Charlie Ridge, the Arizona Territory, the Gonoi Island complex, and the areas around Hoi An and Barrier Island on the coast.

C-123 in Vietnam 1964-65
Home video of C-123 operations with USAF in South Vietnam around 1964 & 1965

Lombard: six loans made up 65% of loan book
Here's the 20-20 hindsight on Lombard Finance A quick post mortem on the default yesterday by Lombard Finance on NZ$127 million of debentures and secured notes gives plenty of material for 20:20 hindsight. Lombard's comments that it defaulted because of a "systematic failure of an industry" have been ridiculed by industry observers who have pointed to Lombard's own very specific weaknesses. Here's a few pointers that close observers would have seen in its accounts and court records. Problems specific to Lombard included: * Having almost 30% of its loan book tied up in one loan to property developer Tim Manning of NZ$40 million for the troubled Brooklyn Rise project in Wellington. That one loan was worth almost double the entire group's equity. * Having almost 60% of its loan book in 6 loans * Having bought mortgage broker Tasman Home Loans from Blue Chip Investments last year * Having expanded its operations and loan book very quickly, including purchasing the NZ$250 million United Home Loans book from Hanover Finance * Having its Chief Executive Michael Reeves and its then Chief Financial Officer Alan Beddie convicted in December 2006 for misleading investors and fined NZ$37,000 over a contributory mortgages scheme. See here for more details on the convictions. The official notice of the convictions is here in notes 35 and 36 on the MED's website. Beddie resigned shortly after the conviction. * Having a contributory mortgages operation with bad debts of almost a third of the NZ$100 million loan book. Investors were still hunting for compensation for losses of NZ$7 million as recently as January 2005. Industry observers said Lombard was often at the end of the line in property development projects where property investors who had been rejected by banks and other finance companies ended up doing mezzanine finance deals with Lombard. Lombard's default will be a major blow for almost 5,000 investors who had believed its advertisements to "Invest Wisely" and who had trusted the blue-blood board that at one time included three former National Party cabinet ministers, including current Chairman Sir Douglas Graham and current director Bill Jeffries. Colleague Hugh Templeton was also a director until he resigned last year.
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