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A “MARSHALL PLAN” FOR THE POOREST CITY IN AMERICA: Flint Native Gordon...
In 2013, I interviewed Flint native Gordon Young, for a feature I produced that aired on a public radio station. Young's new book,“Teardown: Memoir of a Vanishing City”, had just been released.The book...
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YOU CAN OWN THE HOME OF A SCANDAL! Convicted Tax Cheat Steven Ingersoll's...
There is no disguising the bare-naked bullshit of real estate advertising, so I'll avoid it. The building that was supposed to be the “jewel in the crown” of Steven Ingersoll's Front Porch Renaissance...
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BETSY DOUBLES DOWN: Education Secretary DeVos Increases Stake In Neurocore
When the family of U.S. Secretary of Education Betsy DeVos increased its financial stake in Neurocore this spring, the controversial “neurofeedback” company was being investigated by an...
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ALL IN THE FAMILY: What Do Robert Buckhannon And “Cultiv1260” Have In Common?
Call me crazy, but it looks like another member of the Buckhannon family might be going to pot.While Robert Buckhannon has MicroCann1260 with his former hedge fund dawg, it appears his brother, Ronald,...
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IN FORMA PAUPERIS: That’s Latin For “Broke-Ass”
ATTORNEY REPRESENTING ROY BRADLEY FILES “AFFIDAVIT OF INDECENCY”? COME ON, EVEN I'M NOT FALLING FOR THAT! I've heard of “in loco parentis”, but no affidavit of indecency. More likely, the sealed...
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CORRECTING THE RECORD: It Wasn't An “Affidavit Of Indecency”...But It's Still...
OK, it wasn't really an “affidavit of indecency”, just a colossal mistake.Although I hoped I'd discovered a new legal tactic used on behalf of Roy Bradley's effort to appeal his tax fraud and...
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ROBERT BUCKHANNON'S CO-DEFENDANT, TERRY RAWSTERN, TAKES A DEAL: Sentencing...
Terry Rawstern, co-defendant along with Robert Buckhannon in a $34 million hedge fund fraud case, plead guilty yesterday morning. During the 35 minute change of plea hearing, Rawstern plead guilty to...
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“OUTLOOK IMPROVES” AT GRAND TRAVERSE ACADEMY: But Where Is The New Loan? And...
“We’ve lost a lot of money because of Ingersoll. We get it.”In an August 27, 2017 Traverse City Record-Eagle article reporting on what was described as a “financial pinch” at the Grand Traverse...
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HEADS ROLL AT GRAND TRAVERSE ACADEMY: Three Staffers Shown The Door As...
“We’ve lost a lot of money because of Ingersoll. We get it.”Grand Traverse Academy superintendent, Susan Dameron, today announced the layoffs of three staffers in an email to GTA parents. According to...
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IT'S DOCKET DAY! Is Deb A Deadbeat...Or Dead Broke?
Today is the first Monday in October, the day the new Supreme Court term begins.In honor of the Supremes, I'm debuting a new feature: Docket Day. This inaugural edition features Deborah Ingersoll, wife...
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RIPPLES ON THE WATER: Where Are The Details About The Grand Traverse...
While readers of this blog have been busy commenting on Grand Traverse Academy superintendent Susan Dameron's “heads are rolling” post, I'm pondering the resolution of the legal battle Mark Noss...
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BONDS 101: A Case Of Fraud?
The Grand Traverse Academy Board may have committed securities fraud between 2007-2016 by making misleading public statements as the Michigan charter school’s financial condition was deteriorating due...
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ROCKIN' AND ROLLIN'...DOWNHILL? Grand Traverse Academy's S & P Bond Rating...
On December 29, 2016, S&P Global Ratings issued a press release you may have missed: “Grand Traverse Academy, MI Bond Rating Lowered To ‘BB’ On Weakened Liquidity; On Watch Negative”.S&P Global...
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THE SKUNK AT THE GARDEN PARTY: Charter School Branding...Or Crisis...
The Michigan Association of Public School Academies (MAPSA) recently made public a Charter Branding Toolkit, described as “a resource for school leaders, authorizers, board members, and management...
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*CRICKETS CHIRP* Michael Moore Reacts To Harvey Weinstein Revelations...NOT!
“No matter what you throw at him, it hasn’t worked,” Moore said in the statement. “No matter what is revealed, he remains standing. Facts, reality, brains cannot defeat him. Even when he commits a...
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OFF A CLIFF: Sharp Enrollment Drop At Grand Traverse Academy Belies...
“There’s been a lot of confusion about whether we’re going to be opened or closed next year,” Dameron said. “We’re open and ready to go. We’re rockin’ and rollin’. … We’re feeling so good about our...
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MONEY TO BURN?: Michigan Treasury Intercepts Grand Traverse Academy State Aid...
“If we don’t pay the state aid to Traverse City State Bank, they’re allowed to intercept our state aid coming in from the state and take it until the (debt) is satisfied,” said board treasurer Samer...
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I JUST WANT TO BORROW ENOUGH MONEY TO GET OUT OF DEBT!
“If we don’t pay the state aid to Traverse City State Bank, they’re allowed to intercept our state aid coming in from the state and take it until the (debt) is satisfied,” said board treasurer Samer...
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FROM MISMANAGEMENT TO “MISS FORTUNE”: What Happened At The Grand Traverse...
Later today, I will be publishing the second installment of my exclusive coverage of the Grand Traverse Academy's media sleight of hand regarding its deteriorating financial outlook.For readers who've...
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“THIS SCHOOL WAS HIS BABY” And Baby, Look At It Now!
BACKGROUND At a June 30, 2017 “special meeting”, the Grand Traverse Academy’s board of directors approved a “Resolution Authorizing A Line Of Credit For School Operations”, ostensibly to cover cash...
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