Monday, November 14, 2016

Friday, November 11, 2016 7:40 pm; "Council for Say Yes will hold public meeting Monday"

"Members of the public can hear updates and ask questions at the first meeting of the Say Yes Guilford Community Leadership Council, scheduled for Monday evening.

Why announce a Monday meeting on Friday night?

The 6 p.m. meeting will take place in the auditorium on the main level of the Sears Applied Technologies Building on Guilford Technical Community College’s Jamestown campus, 601 E. Main St.

...Guilford County was the third community chosen, after Syracuse and Buffalo, N.Y.


Initially, Say Yes Guilford has focused on giving scholarships...

But won't say how much has been given out, 
or how much each student got on average, 
or how much money Say Yes actuallly has

The Say Yes Guilford Community Leadership Council will be led by the mayors of Greensboro and High Point, and the chairmen of the Guilford County Board of Commissioners, Guilford County Board of Education and Say Yes Scholarship Board, along with two at-large representatives.

According to Board of Commissioners Chairman Jeff Phillips, who is running the first meeting, those will be Harold Martin, chancellor of N.C. A&T, and Ursula Dudley Oglesby, president of Dudley Beauty Corp.

...School Board Chairman Alan Duncan said the council is not meant to be an oversight committee, but rather a group representing key constituents.

WTF does that mean?

He said the meetings would be a good opportunity for community members to share input and to ask questions.

Members will gather for a reception at 5:30, then begin their meeting at 6 p.m.

The agenda will include a time for questions and answers and speakers from the floor.

Great Fun

Then, Guilford County Schools Superintendent Sharon Contreras will share remarks, followed by updates about the Say Yes national organization, the local office, the scholarship board and the partnership with GTCC.

The group plans to meet three or four times per year."
Former City of Greensboro Assistant Manager Mary Vigue used her position to personally profit via Say Yes to Education and Say Yes Guilford


Oct. 19, 2015  

GUILFORD COUNTY, NC, Oct. 19 – Say Yes to Education Guilford, the non-profit partnership that has committed to provide Guilford County Schools’ students with access to college and other post-secondary scholarships, as well as support services in kindergarten through grade 12, today announced the appointment of Mary F. Vigue as the chapter’s Executive Director. Vigue served most recently as Assistant City Manager of the City of Greensboro.

...Say Yes also announced the hiring of Dr. Kristen Christman, most recently Director of the UNCG Guarantee with the University of North Carolina Greensboro, to serve as the Scholarship Director for Say Yes Guilford. Dr. Christman will be charged with establishing the paperwork, processes and structures for Say Yes Guilford scholarship awards – whose initial recipients will be members of the high school graduating class of 2016."
"Any officer, department head or employee who has financial interest, direct or indirect, in any proposed contract with the city or in a proposed sale of any land, material, supplies, or services to the city or to a contractor supplying the city, shall make known that interest and shall refrain from ...participating in the making of such contract or sale.

Any officer, department head, or employee who willfully conceals such a financial interest or willfully violates the requirements of this Section shall be guilty of malfeasance in office or position and shall forfeit his office or position.

Violation of this Section with the knowledge expressed or implied of the person or corporation contracting with or making a sale to the city shall render the contract void."

Sec. 4.131. - Conflict of interest: Greensboro Code of Ordinances, City Charter

Mary appears to have applied for the job before July 27, 2015,
meaning she had a direct financial interest in the contract;

Mary Vigue advocated for Say Yes to Education 
as a City Assistant Manager and an applicant for the job at the same time
meaning the City Conflict of interest policy was violated
by at least Mary Vigue, and Jim Westmoreland if he was aware

Ponzi? From Say Yes to Education's 7/1/2014 to 6/30/2015 IRS 990 tax form
"Weisshorn Re AG Chairman George Weiss commented, "We are thrilled to have someone of Pat's caliber leading our organization. In order to build a world-class reinsurance firm, we were committed to selecting a proven leader with deep knowledge in insurance, reinsurance and the broader capital markets."

Once again, George Weiss is making money on the monies he 'sets aside' 
to send kids to college
and the News and Record won't tell anyone

Total return for the S&P 500 between 7/1/2014 to 6/30/2015;  8.231%
with dividends reinvested, but without investment management fees included
Say Yes to Education gave $590,000 to Guilford Education Alliance to "Support Say Yes Implementation;

Weiss made Say Yes to Education $13,395,590 between 7/1/2014 to 6/30/2015;

Weiss started with $32,426,079 invested on 7/1/2014;
Weiss ended up with $42,487,221 on 6/30/2015;
Let's say the average amount of money invested between 7/1/2014 to 6/30/2015
was $35 million.

$13,395,590 / $35,000,000 = is about a 38% return for the year.

8.231% of $35 million is about $2,880,850, 
if the money was invested in the S&P 500.

Say Yes to Education wants the IRS and the public to believe 
that his investments outperformed the stock market by about 4.75 times
between 7/1/2014 and 6/30/2015,
even though his publicly available performance doesn't show it.

Weiss made $16,657,004 on less money between 7/1/2013 and 6/30/2014,
ending up with $32,426,079;
After starting out with about $26 million on 6/30/13;

Being extremely generous, 
let's say the average amount of money invested between 7/1/2013 to 6/30/2014
was $30 million.

$16,657,004 / $30,000,000 = is about a 55% return for the year
between 7/1/2013 to 6/30/2014
The total return for the S&P 500 for the same time frame was 20.588%;

20.588% of $30 million is about $7,764,000, 
if the money was invested in the S&P 500.

Say Yes to Education wants the IRS and the public to believe 
that his investments outperformed the stock market by about twice as much

between 7/1/2013 and 6/30/2014,

and then knocking the trading gains out of the ball park the next year.

Meanwhile, most of the money is still located outside of the United States;

Dear Donnie Turlington and Mary Vigue; Please explain why Say Yes to Education's money is in Central America

Say Yes to Education's amazing, quite unbelievable investment performance

George 'Say Yes to Education' Weiss and Associates;"...the hedge fund portfolio reportedly returned more than 50% per year on an annual basis", except for when it didn't

Former City of Greensboro Assistant Manager Mary Vigue used her position to personally profit via Say Yes to Education and Say Yes Guilford

Gag order and censorship for Guilford County teachers by Say Yes to Education and Angela Jackson of Guilford County's Association of Educators

George Weiss doesn't mind using massive leverage and illegal tax avoidance