Article “PAM declares itself bankrupt” goes on to remark “Finally, the new board and [Executive Director Thomas F. ] Godfrey have questions about the moves made in December by the earlier board.”
WATCHDOG: Talk about locking the barn door after the animals are out!
The “moves” have to do with PAM’s prior board turning the academy’s main building over to UNCB bank and certain other real estate plus valuable instruments to the Ferree foundation of which Paul Ware is the prime benefactor and was the chairman of PAM when all of the ruinous decisions were made pertaining to building and operations.
As have been all of the recent articles re PAM, this is comprehensive, nuanced and well written. A wag of the tail!
Saw Jamanis and Veri leaving the private garage at PAM today. My cynical side thought maybe they left in ‘official capacity’ only. I know they were not the only ones that had a hand in this mess but they are the most visable.
I actually tired about hearing about PAM as if it critical to the future of Lancaster. There are many other non-profits that play a more important role for the community now and will also in the future. It would be great to see all the energy and concern devoted to those groups that can actually move the needle in our community by addressing the needs of the poor rather than the elite.