In an article entitled, “State Has First Bank Failure In A Decade, the Hartford Courant reported last night that, “The Community’s Bank, with its headquarters and one branch in Bridgeport, came under the receivership of the Federal Deposit Insurance Corp. late Friday afternoon amid mounting losses from commercial real estate loans.”
“Shocked and saddened” is what Bridgeport Mayor Bill Finch said in a statement, adding “…It is not clear how the state could allow this to happen.”
Not clear how the state could allow this to happen?
What Mayor Finch failed to reveal and the Hartford Courant didn’t report is that The Community Bank is one of the mortgage holders that Finch campaign treasurer and Bridgeport Board of Education Chairman, Kenneth Moales Jr, has failed to repay.
Since April of this year, Wait, What? readers have been learning about the massive financial problems facing Moales his church.
Ah, Paul… A Connecticut Superior Court Judge said you aren’t qualified to hold the job of superintendent in the state of Connecticut. In fact, she actually ordered you to leave the post immediately….and you refused.
Now you are using upward toward $100,000 in precious taxpayer funds to fight the fact that someone DID tell you that you can’t keep the job.
The next chapter in your embarrassing attempt to hold on to a job that isn’t yours will take place before the Connecticut Supreme Court on September 23, 2013.
A piece of advice. When you make sh*t up, you should at least make an attempt to try and make it believable enough to not look like a fool.
Instead, according to a new story in the Connecticut Post, “Paul Vallas says he isn’t going anywhere.”
The article goes on to say, “Despite a primary last Tuesday that makes it likely school board control will shift to members who do not support him, Vallas said in an interview late last week that he is going to work in the district until he is told to stop.
While one Connecticut Post article yesterday featured Bridgeport’s faux superintendent of schools, Paul Vallas saying “I am going to keep this job till someone says I can’t,” Hugh Bailey, an editorial writer at the paper was observing in another piece that, “At school reform’s center, a resounding ‘no’.”
As Hugh Bailey so clearly noted in his commentary piece, while Mayor Bill Finch says “I want to keep Paul Vallas…He’s going to stay as long as I can keep him here,” the people impacted by the policies being foisted upon them by Finch and Vallas are clearly saying NO!