Sunday, February 27, 2011

Gluttonous Carpetbaggers’ shakedown of Duke greater than believed

Recent revelations about a 2007 IRS tax lien against Duke Lacrosse defendant Reade Seligmann just goes to confirm the obvious, as I stated long ago… the reason for keeping the financial arrangement of Duke University’s settlement with the party-going Duke Lacrosse defendants secret was because it was so outrageous. Duke University was too embarrassed for rolling over without a fight and submitting to the demands of the avaricious attorneys, and the Carpetbagger families didn’t want people to think that they threatened Duke with a law suit just for the money. It seems that the amount Duke University forked over to each of the Duke Lacrosse defendants was far greater than the figure my sources gave me of $7 million. That amount actually is closer to the amount of tax due the IRS, which the agency puts at $6.5 million. According to Raleigh tax lawyer Jack Cummings, a tax of that amount would be indicative of an income of $18 million. Another tax attorney has the estimate as $20 million… which is probably the most accurate and the figure with which I will refer.

And it was in 2007 that Duke University settled out of court with the Duke Lacrosse defendants, and it is where the vast majority of their income would be of account. That is $13.5 million after tax per Lacrosse player, and that’s not bad especially when you consider what they went through to get it. First, they attended a beer-guzzling, stripper-ogling party with under-aged drinking, shouting of racial epithets (and probably other crimes taking place), then after being charged with a sexual assault they did not spend one day in jail. They became media darlings with all the media types coddling over them and misleading the public by proclaiming that they had been “exonerated” (as was reported by Deborah Morgan of WRAL-TV-5 as recently as the night of February 24, 2011, when the story broke here.) Then books are written about the Duke Lacrosse party incident which is revisionist propaganda history at its best. And HBO has been wracking its brains trying to somehow produce a movie about the Duke Lacrosse case without showing the true colors of the Duke Lacrosse defendants. Two objective screenplays have already been written, but the head honchos discarded them and fired their authors… HBO is essentially requiring that the Duke boys be put in a positive light which is itself an impossibility if a story about the Duke Lacrosse case is to contain an iota of truth. The plan which seems to be adopted by HBO movie executives is to demand a script that does not mention the Duke Lacrosse boys and instead focuses on former Durham District Attorney Mike Nifong. (I would suggest that they consider hiring MSNBC Senior Legal Analyst Susan F. Filan. She has shown the capacity to fabricate libelous statements about Mr. Nifong and then to use those very false statements to attack his character.) Finally, universities and Wall Street bigwigs have been clamoring to bring the boys into the fold to study and work.

Now it’s not enough that each of the defendants was rewarded with $20 million for their bad behavior, but even after that, they want an additional $10 million each from the city of Durham. It is very apparent that the Carpetbaggers and their counsel thought that when the mighty Duke University toppled, that the city of Durham would follow suit and turn over the money. Somehow the cash-strapped city managed to summon up the nerve to stand and fight against the Carpetbagger juggernaut, not unlike Winston Churchill stood up against Nazi aggression. Now action on that front has been at a standstill for years, more or less. Nonetheless, Durham is still wasting taxpayer dollars to pay lawyers to go through the motions of defending the city.

The Carpetbaggers want the public to believe that they are so much in legal debt in fighting Duke University and the aftereffects of the Duke Lacrosse case, but surely they can use some of their net gain of $13.5 mil to pay their attorneys. Their stated excuse for suing the Bull City (to effect changes in the criminal justice system to the benefit of all Durhamians) is nothing more than a bunch of bull. They are suing the city because they are GREEDY.

Although Duke shelled out $60 million in an ill-advised settlement with the Carpetbaggers, they compounded that mistake by trying to force the National Union Fire Insurance Company, the university’s insurance company, to reimburse them… this, after making such an outlandish settlement without even discussing it with them. Duke is the one that breached its agreement with the insurance company, yet it filed suit in an attempt to recover the money it handed over on a platter. Just recently, Duke reached an agreement with the company, an affiliate of AIG, and per protocol terms were not disclosed. However, both parties agreed to drop claims and counterclaims against each other, and pay their own legal costs.

The Carpetbaggers need to emulate Duke University with regards to its squabble with National Union Fire Insurance Company. Instead of continuing to throw good money after bad, they need to rein in their attorneys and drop their suit against the city of Durham. They need to accept the fact that the city refused to take their bluff, as did the mighty university, unless it is the underlying goal of the Carpetbaggers to deplete the city’s coffers as a final vindictive act. But I don’t believe that is their goal… they’re in it for the money. 


According to a news report last night, Duke University has approved a substantial increase in tuition… no doubt to help cover its giveaway to the Duke Lacrosse defendants and its ill-advised lawsuit against their insurance company.


Note: Click on the link below to access the latest installment (Part 9) of Episode V of “The MisAdventures of Super-Duper Cooper.”

LINK: http://justice4nifong.com/direc/sdcDirec/sdcEpv/sdc145.htm

39 comments:

Anonymous said...

Of course these young men were innocent and never touched Crystal Mangum.Who would want to have sex with her anyway.Even if they were passed out drunk and overdosed on Viagra it still wouldn't have happened.Face reality-there was no gang rape.I've always thought that people who believe in crazy conspiracy theories have very low IQ's and I've never seen any evidence to the contrary.

Kilgo said...
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Walt said...

The only reason Duke settled with the wrongfully accused is the University knew it did wrong. The suit against the city has always been about reforming the DPD. The law clearly limits the damages the city can be liable for to the extent of the city's liability insurance policy.

Now there is a financial reason to sue Nifong. His victims want to keep him from profitting from his dispicable conduct. As well, he should not.

Walt-in-Durham

Kilgo said...
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Kilgo said...
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Kilgo said...
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Nifong Supporter said...


Walt said...
"The only reason Duke settled with the wrongfully accused is the University knew it did wrong. The suit against the city has always been about reforming the DPD. The law clearly limits the damages the city can be liable for to the extent of the city's liability insurance policy.

Now there is a financial reason to sue Nifong. His victims want to keep him from profitting from his dispicable conduct. As well, he should not.

Walt-in-Durham"


Duke University knows it discriminated against me when it kicked me off campus solely for being a supporter of Nifong. Listening to the audio will tell you that.

Yet, instead of taking responsibility for their actions and following steps of restorative justice, it accused me of wrong-doing... (passing out a half dozen business cards and asking people to visit my website). I was humiliated, threatened, and nearly arrested... backup was called, which was totally unnecessary.

If they did an injustice to the lacrosse boys, and I'm not sure they did, it is hardly worth $20 million each (a total of $60 million). Because of the greed of the Carpetbaggers and their attorneys, tuition has been hiked for the other students. That same greed is responsible for the lawsuit against Durham, not reformation of the police department. Depriving the cash-strapped city of $30 million is more likely to be a detriment to the city's public safety than an advantage.

The cowardly, biased media locally has been extremely quiet about revelations about the payouts made by Duke.

Walt said...

"That same greed is responsible for the lawsuit against Durham, not reformation of the police department. Depriving the cash-strapped city of $30 million is more likely to be a detriment to the city's public safety than an advantage."

Now Syd, that's just bunk, and you know it. Because of North Carolina's sovereign immunity doctrine, the entire claim is limited to $5 million. $4.5 million of that is covered by insurance.

Walt-in-Durham

Anonymous said...

"Duke University knows it discriminated against me when it kicked me off campus"

Get a lawyer and file charges.

Kilgo said...
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Anonymous said...

Even a person afflicted with a severe form of mental retardation should have been able to see that all of Crystal's various stories were completetly false from the very beginning.A pristine,immaculate gang rape in a bathroom that was too small in a time warp.I don't think so.The stupidity of the human race never ceases to amaze me.

Nifong Supporter said...


Anonymous said...
"'Duke University knows it discriminated against me when it kicked me off campus'

Get a lawyer and file charges."


It would be my desire to resolve this without taking legal action. But your recommendation is not practical. First of all, any lawyer in North Carolina would take my money and work against my best interests. This is a civil rights issue and I have filed a complaint with the Coordination and Review Section in the Civil Rights Division of the U.S. Justice Department in Washington, DC. I am still awaiting a definitive response from them.

Kilgo said...
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guiowen said...

To Anonymous 12:35,
Don't feed the troll.

Anonymous said...

It was the larger of the two bathrooms which wasn't big enough for four people to stand still in at the same time as was pointed out by the Attorney General in the 60 minutes report.The other bathroom was a smaller half-bath which Crystal was never in.I knew this was a complete lie the moment I heard it.I realize I am much smarter than most people but considering what the average is I don't think I am being conceited.

Kilgo said...
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Anonymous said...

Crystal was photographed leaving the house with a smile on her face at 12:31AM.They also had a video of her laughing and joking on the back porch.This would have been after her brutal gang rape in the bathroom that was too small.I don't know why people believe things that they should be able to see are completely false.

Anonymous said...

"a tax of that amount would be indicative of an income of $18 million. Another tax attorney has the estimate as $20 million… which is probably the most accurate and the figure with which I will refer."

Your estimates (and those of the so-called "tax attorney") are incorrect.
The $6.5 million lien amount also includes daily compounded interest from April 15, 2008 until the assessment date on the lien. Usually, fraud or negligence penalties (draconian IMO)are included as well.

Will you post an update when more details are available?

Nifong Supporter said...


Anonymous said...
"'a tax of that amount would be indicative of an income of $18 million. Another tax attorney has the estimate as $20 million… which is probably the most accurate and the figure with which I will refer.'

Your estimates (and those of the so-called 'tax attorney') are incorrect.

The $6.5 million lien amount also includes daily compounded interest from April 15, 2008 until the assessment date on the lien. Usually, fraud or negligence penalties (draconian IMO)are included as well.

Will you post an update when more details are available?"


I would suspect that the tax experts would take such things as interest and penalties into account when coming up with the estimated figure of the amount given to the Duke Lacrosse defendants. I am not an accountant, an must rely on the experts in the field... and the only two to comment on the issue gave estimates of $18 and $20 million.

Rest assured that I will post any related article about the amount of the settlement or anything else related to the lawsuits involving the Carpetbagger families and their attorneys as soon as it comes to my attention. But be aware, that the local and state media are going to try to keep a lid on it, as it is a major embarrassment to Duke University which recently raised student tuition to help compensate for the ill-advised legal movements of the university.

Nifong Supporter said...


Anonymous said...
"Crystal was photographed leaving the house with a smile on her face at 12:31AM.They also had a video of her laughing and joking on the back porch.This would have been after her brutal gang rape in the bathroom that was too small.I don't know why people believe things that they should be able to see are completely false."


Regarding the size of the bathroom and activities it was capable of holding, we will never know because Duke University sneakily got rid of the evidence.

Anonymous said...

Don't know what Nifong Supporter is talking about.The house stood for four years after the gang rape that never happened and everything was in the AG report.One of the lawyers said if you actually stood in the bathroom as Roy Cooper did you could see just how impossible this thing was.Nifong should have gone over to the house himself and examined the bathroom.If he had done that he wouldn't be the disbarred loser he is today.Besides,all of the time was accounted for by unimpeachable electronic data.

Anonymous said...

"All of this was a tragedy because it should have been stopped somewhere along the line." - Roy Cooper

Nifong Supporter said...


Anonymous said...
"Don't know what Nifong Supporter is talking about.The house stood for four years after the gang rape that never happened and everything was in the AG report.One of the lawyers said if you actually stood in the bathroom as Roy Cooper did you could see just how impossible this thing was.Nifong should have gone over to the house himself and examined the bathroom.If he had done that he wouldn't be the disbarred loser he is today.Besides,all of the time was accounted for by unimpeachable electronic data."


True, the house may have stayed around for four years, but why the stealth and secrecy involved with its demise. It's not like the university had another project for the site that was shovel ready. The media, everybody was caught by surprise with the way in which the house was razed.

Not only was it destroyed to get rid of evidence, but to remove a historic site that put the University's athletes, specifically the lacrosse team, in a bad light.

Walt said...

"Not only was it destroyed to get rid of evidence, but to remove a historic site that put the University's athletes, specifically the lacrosse team, in a bad light."

The university destroyed the lacrosse house because it served to highlight Duke's unjust treatment of its own students.

Walt-in-Durham

guiowen said...

Actually, it's more likely that the university destroyed the house because jurors in the civil suit (if it ever comes to pass), seeing how small the bathroom was, might realize how shabbily the Duke administration treated its students.

Remember, in this suit, the university and the city are essentially on the same side.

Kilgo said...
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Anonymous said...

In the 60 minutes interview with Lesley Stall,Roy Cooper said he stood in the bathroom and that it was too small for four people to commit a gang rape.He also said that Crystal mentioned being suspended in mid air while being raped and that ten more lacrosse players attacked her in the back yard.Even a person with an extremely low IQ should have been able to see that this was false from the very beginning.

Kilgo said...
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Anonymous said...

Here you go, Sid:

http://www.wral.com/news/state/story/
9178428/

Nifong Supporter said...


Walt said...
"'Not only was it destroyed to get rid of evidence, but to remove a historic site that put the University's athletes, specifically the lacrosse team, in a bad light.'

The university destroyed the lacrosse house because it served to highlight Duke's unjust treatment of its own students.

Walt-in-Durham"


Walt, what do you think about the $20 million settlement Duke paid to each of the Duke Lacrosse defendants? Do you think they deserved it... that it was good use of Duke funds (keep in mind that the insurance company did not pay a cent toward the settlement).

Nifong Supporter said...


guiowen said...
"Actually, it's more likely that the university destroyed the house because jurors in the civil suit (if it ever comes to pass), seeing how small the bathroom was, might realize how shabbily the Duke administration treated its students.

Remember, in this suit, the university and the city are essentially on the same side."


Trust me, the civil suit will never be brought before the court. The Carpetbaggers' were overconfident with their shakedown of Duke University (getting $20,000,000 for each defendant), so they reasoned that they should at least be able to get $10 million from the city of Durham with no sweat. To their surprise, the city dug in and decided to fight, instead of roll over like Duke.

Notice how the media is quiet about this story, and fails to bring it up even when discussing the raise in tuition at Duke?

Anonymous said...

Roy Cooper determined that there was no opportunity for the attack because all of the time was accounted for by ATM receipts,cell phone records,and time stamped photographs such as the one at 12:31AM on the back porch.Crystal was smiling in that photo and they also had a video of her laughing and joking taken at the same time which they turned over to the special prosecutors.I never understood why AA's were defending her.She falsely accused black men of gang raping her ten years before.Of course that crime never happened either except in Crystal's imagination.

Kilgo said...
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Nifong Supporter said...


Because of a scheduling conflict, I have uploaded Part 10 of the comic strip today, three days early. Part 11 will be posted a week from this coming Sunday.

Also today I will post a blog which will contain a link to the comic strip. Please keep in mind that following the commentary, which follows the comic strip, there is an e-mail link for any feedback.

Walt said...

"Walt, what do you think about the $20 million settlement Duke paid to each of the Duke Lacrosse defendants?"

Excellent question Syd.

First, it's not clear that the settlement amount was $20 million each, but that's possible. Broadhead has previously proven capable of spending other people's money in prodigious amounts to cover up his own mistakes. Without question, Broadhead fouled up the lacrosse issue. Further, many factors at Duke had a hand in facilitating the fiasco. Cleaning up the mess and putting things right with the people they wronged is certainly a good use of Duke's funds. As to the amount, it seems high. But, Duke is more than capable of figuring out how much damage their roll in the fiasco was going to damage them. Without question, the damage was significant and growing. Duke had to get out and do so sooner rather than later.

Walt-in-Durham

Walt said...

"Do you think they deserved it... that it was good use of Duke funds...?"

Did the innocent men that Duke was willing to sacrifice to a mob mentality deserve whatever settlement was made with them. Of course they did. Duke had far too much to do with pushing the fiasco forward. Not to mention that the University violated its own academeic code of conduct and violated the law by releasing to the prosecution confidential student records. (Admittedly the final point does not create a private cause of action under the law as it stands today. However, with the very small base of potential recruits to Duke, it could be a major deal breaker. Bad news like that travels fast.)

"...(keep in mind that the insurance company did not pay a cent toward the settlement)?"

1. Intentional acts are not insurable.

2. When you go settle a claim on your own, don't expect your insurance company to join in the payment.

Duke was either poorly advised or made a rather bad decision there. I have heard both versions from within the Allen Building. I blame Broadhead's poor leadership and Steel's cowardice for that one. Both men have proven time and again that they are not the right men for a job that calls for good judgment. Bush was right to push Steel out at Treasury, Wells Fargo got rid of him as fast as they could from Wachovia and Bloomberg will soon ask himself why he hired Steel, if he hasn't done so already.

Walt-in-Durham

Kilgo said...
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Mark Orgel said...

A large university such as Duke does not pay out an 8-figure settlement unless they are truly f€|¥ed.

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