Whittle
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Anonymous
Lol white collar scammers like this never pay meaningful consequences. |
Anonymous
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Chris Whittle in his own words as quoted by Wash Biz Journal:
“I am hopeful these efforts will pay off too, but I do not know that for sure at this moment,” he wrote in his email, adding that he will update former employees on the progress of such a deal by Aug. 15. In the email, Whittle also apologized for “being out of touch” for the previous three weeks since the D.C. campus closed, when roughly 40 employees were laid off. “I deeply regret the difficulties that this has caused you and please know I am working every day to help,” he wrote. |
Anonymous
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[quote=Anonymous.
In the email, Whittle also apologized for “being out of touch” for the previous three weeks since the D.C. campus closed, when roughly 40 employees were laid off. “I deeply regret the difficulties that this has caused you and please know I am working every day to help,” he wrote. Copy and paste from every other email he sent with every other set of lies and empty promises. |
Anonymous
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from Today's Washington Business Journal
Whittle School CEO tells D.C. faculty, staff his plan for covering missed pay The Whittle School & Studios is looking to sell off its D.C. assets in order to pay its former teachers and other staff members for the paychecks they’re still owed, CEO and Chairman Chris Whittle said in a letter he sent Monday to former employees. In the email, obtained by the Washington Business Journal, Whittle said the company’s liquidity was fully depleted to fund operations during the 2021-2022 academic year. So the next step to fund employee back pay, he wrote, is to sell off the school's intellectual property and fixtures and equipment left inside 4000 Connecticut Ave. NW, where the D.C. private pre-K-12 boarding school resided until it abruptly shut down July 8 due to lack of financing. “Since the closure announcement, that is what I have been working upon,” Whittle said in his email to employees, which was sent three days after the Business Journal reported that employees terminated July 8 are still missing at least three paychecks. Whittle said in the note that he’s in talks with four parties as potential buyers for those assets and added the private education company could be eligible for some tax credits that could take up to six months to finalize, but did not lay out details about either. It is unclear who those potential buyers are, how much such a sale would generate or if a deal will go through. Whittle declined to comment further for this story. “I am hopeful these efforts will pay off too, but I do not know that for sure at this moment,” he wrote in his email, adding that he will update former employees on the progress of such a deal by Aug. 15. In the email, Whittle also apologized for “being out of touch” for the previous three weeks since the D.C. campus closed, when roughly 40 employees were laid off. “I deeply regret the difficulties that this has caused you and please know I am working every day to help,” he wrote. A lower school teacher, who requested anonymity over fear of impact on her future employment, told the Washington Business Journal that she has been so focused on navigating her termination and her family’s health insurance that she hasn’t had time to start looking for a new job. She said she appreciated Chris Whittle’s letter, but felt he was out of touch with how much former employees have struggled. “Total silence has not been good,” she said. “It’s hard to read that and the timing and it to feel authentic. How is this authentic this many weeks into the game when we’ve been sweating?” Whittle said that teachers have been prioritized first for any available funds to receive owed pay and health benefits, with D.C. campus operations ranked second, D.C. campus leadership third, global leadership fourth and himself last. “The fact that we missed our last payroll (and a portion of another) for faculty is what caused me to make the decision to not go forward,” Whittle wrote in the email about the decision to close the campus last month. “I did not think we should go forward if we could not meet our first priority.” He said he used his “last personal resources” to keep health benefits intact for the rest of the month after the July 8 closure and official termination a few days later. Health benefits for Whittle School employees were scheduled to end July 31. The lower school teacher said she’s spent days on the phone with her former employer's health insurance provider, which she identified as CareFirst, as well as the Department of Labor and Maryland health insurance contacts to figure out her coverage. It wasn’t until Sunday that Whittle School leadership sent employees the number to call for COBRA benefits, she said, confirmed by a copy of the email obtained by the Business Journal. Prior to that message, she said she couldn’t receive post-employment benefits because she didn’t have the official go-ahead for insurers to proceed, and she was disqualified from public health insurance. Chris Whittle also said in his message to employees that since he founded the company almost eight years ago, he put "every dollar" he had into the school, noting the total topped $25 million. He previously told the Washington Business Journal that he mortgaged his home to generate funds for the Whittle School & Studios. Separately, Pure East Global Investments Ltd., a British Virgin Islands company that holds mortgages and loan debt, is currently suing Chris Whittle to foreclose on two commercial mortgages on his former home in East Hampton, New York, at 90 and 100 Briar Patch Road, according to documents filed in Suffolk Supreme Court in New York. Pure East claims Chris Whittle hasn't paid required annual interest payments on two mortgages, each about $25 million and one now valued at $40 million, according to its complaint. Chris Whittle, who doesn’t have a listed attorney in the court docket, has not responded to the case and declined to comment on this lawsuit. On July 13, Pure East’s attorney filed a motion asking Judge Robert Quinlan for summary judgment. |
Anonymous
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Funny how Chris omitted to mention how any proceeds generated through the sale of his "intellectual property" will first need to go to satisfy the tens of millions of pending liens. I suspect the landlord and others further up the preference stack will at best see pennies on the dollar. The teachers won't see a dime. Combined.
Disgraceful |
Anonymous
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"In the email, obtained by the Washington Business Journal, Whittle said the company’s liquidity was fully depleted to fund operations during the 2021-2022 academic year. So the next step to fund employee back pay, he wrote, is to sell off the school's intellectual property and fixtures and equipment left inside 4000 Connecticut Ave. NW, where the D.C. private pre-K-12 boarding school resided until it abruptly shut down July 8 due to lack of financing."
Yes, there is tremendous demand on the intellectual property surround the logistics of pissing through hundreds of millions of dollars to build a dysfunctional school. |
Anonymous
| There's a lotta BS in his narrative about mortgaging his house for the sake of the school..the "mortgages" referred to in the Pure East suit the reporter unearthed are $50 million in cash he got in 2017 from Pure East, and the schedule of payouts for that cash is detailed in one of the documents..none of the money for one of the mortgages went to Whittle School..it went to old debts. ..( sound kinda ponzi? ) and a huge chunk ( FIVE MILLION) went to him personally.. |
Anonymous
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Generally, teachers getting average salaries of $90,000 a year -- according to Hannah Denham in the City Cast interview -- would be reluctant to leave their jobs. Yet many did, sometimes mid-semester. Some former teachers also apparently told her that it "felt unethical" to continue working there.
Seems the details behind those two pretty remarkable occurences would be especially revealing about what was really going on. |
Anonymous
Well there may be some value in teaching others how to repeatedly fleece a bunch of rich people. |
Anonymous
| There are likely plenty of creditors with default judgements and claims on the remaining assets and property. It’s just more BS from him to even suggest that he has any say on who gets paid next. It’s not his auction. And he knows that. |
Anonymous
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Chris Whittle never stops wowing people. This is an email sent from Whittle Management:
Dear Whittle Families, We are forwarding to you the contact information for the only two independent schools that have reached out to Whittle. One is a regional school and the second is an “online school” experience at Avenues Online. Messages from the two schools: Washington Waldorf School We wish to extend to you an invitation to come visit Washington Waldorf School to see if it would be a good fit for your family. While we do not have spaces available at all ages/grades, we hope that we can accommodate some of you. Waldorf Education offers a rich, connected education in which the arts, movement and academics are integrated throughout a student's day. For our youngest children, our focus is on play, imagination, and time in the beautiful outdoors. As students get older, stories and narrative drive the curriculum. Students explore the diversity of the human experience and the ways humankind views and interprets the world -- a process that encourages them to find their own place in our human story. By high school, they are engaging with content that varies from Comedy and Tragedy to Atomic Chemistry, from History of Art to Computer Architecture. Students graduate Washington Waldorf with a sense of who they are and what their purpose is. I wish you all the best as you search for a new school for your family. If WWS might be a fit for you, please reach out to me or my colleague, Emily Bliss. We can both be reached at enrollment@washingtonwaldorf.org. Warm regards, Torie Gorges Avenues Online Our Director of Admissions and Enrollment for Avenues Online is Patrick Bredehoft (patrick.bredehoft@avenues.org) and he will personally correspond with any Whittle DC family that might be seeking to continue a globally-situated, project-based approach to learning. What may be of particular interest to your families is the fact that Avenues does support an admissions-to-one-admissions-to-all approach, so that even if Avenues Online is their initial entreé into our ecosystem, if they are looking to explore opportunities in New York, São Paulo, Shenzhen, Silicon Valley, and (soon) Miami, we are happy to illuminate these possibilities. Thank you. |
Anonymous
| How thoughtful of Chris Whittle. NOT! |
Anonymous
| And how gross that he makes it seem as though other schools should be reaching out to Whittle in the first place! |
Anonymous
Why won’t they? Full paying families will get wherever they want. At the end of the day the independent school world in the DMV area is gross, the big 3 families of the “investment committee” kids and their friends got accepted last minute at some of the biggest schools in the DMV! |
Anonymous
That is just not true. Dozens, if not hundreds of full pay families are still on waiting lists. |