
Given a decade of corruption and the same corrupt board in charge of hiring the new HOS, it sounds like business as usual. Fresh start, my aunt Fanny. |
Endowment is $10 million with $30 million in debt |
Wow, ANOTHER renovation of the HOS house? How much? And who was the contractor? |
Wow, guessing they won’t be around much longer. |
Balance sheet is strong just based on their land. They own the 15-20 acres behind the school. Got if for dirt cheap. They could sell that and be good, I imagine. They aren't using it anyway. |
I am bit surprised how small the schools endowment is for having been around for 70 plus years. |
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Nazareth, the attorney, filed a “complaint” in MD for divorce from her husband (who, based on the filings, never moved to MD). Boarman, the head of school, was named as a third party to the case, almost certainly because the husband filed a counter-complaint on grounds of infidelity and named the affair partner. Boarman was subpoenaed and deposed, but it looks like the filings pertaining to him were sealed on request of his attorney and/or Nazareth’s attorney. Boarman has his own attorney and filed an objection to his subpoena, but was unsuccessful. Obviously, he did not want to be dragged into this. The interesting thing is that all of these filings were taking place in the fall of 2019, and my guess is this matter is the basis for the Bullis board finding “cause” to terminate. |
Geez..leave these poor people alone. I hate all this gossip. |
This is all so sad |
Look, it's a pandemic. We're all stressed. And these people have wasted millions of dollars, at the expense of teachers and students. I think if they're giving us something else to think about, that's fine. |
It’s pathetic, that’s for sure. |
How do people manage such complicated lives - affairs, corruption, divorce, countersuing, kids, etc - then walk away from the mess with millions. I feel like a chump. |
These poor people scammed the school. |