There are certainly lies-a-plenty in the lease certificates and indeed in the entire process of getting this project going. But that was what Horton needed to get the next, bigger, better job, so here we are.
There will be no complaints from the investors who at least nominally are the victims of the fraud - they are still going to get pa…
There are certainly lies-a-plenty in the lease certificates and indeed in the entire process of getting this project going. But that was what Horton needed to get the next, bigger, better job, so here we are.
There will be no complaints from the investors who at least nominally are the victims of the fraud - they are still going to get paid. The real victims in this will be an entire generation of D65 students who will have $3M+ less each year while the lease certificates are being paid from operating funds that should be used to provide a quality education because the bus savings was fiction. The other set of victims will be the teachers and staff who are going to lose their jobs due to cuts to make up for the utter financial malpractice of the last several years, of which this fiasco is only a part. The list could go on ....
There is a saying that if it seems to good to be true, it probably is. The fact that no one gave this scheme serious scrutiny before greenlighting it is a crying shame. This community will be paying dearly for the Boards failure to do so for a long time.
There are certainly lies-a-plenty in the lease certificates and indeed in the entire process of getting this project going. But that was what Horton needed to get the next, bigger, better job, so here we are.
There will be no complaints from the investors who at least nominally are the victims of the fraud - they are still going to get paid. The real victims in this will be an entire generation of D65 students who will have $3M+ less each year while the lease certificates are being paid from operating funds that should be used to provide a quality education because the bus savings was fiction. The other set of victims will be the teachers and staff who are going to lose their jobs due to cuts to make up for the utter financial malpractice of the last several years, of which this fiasco is only a part. The list could go on ....
There is a saying that if it seems to good to be true, it probably is. The fact that no one gave this scheme serious scrutiny before greenlighting it is a crying shame. This community will be paying dearly for the Boards failure to do so for a long time.