Sunday, July 23, 2023

The SECU Board's Own "Legacy" Leadership - Bless Their Hearts (And Judgment!), Too.

 ✅ After 15 years of insolvency and litigation, the final wrap up on the 2008 Corporate Credit Union debacle is near according to the National Credit Union Administration  [link ncua]. 

As you'll note among all 28 corporate credit unions in 2008, only one created an unmatchable legacy for mismanagement and malfeasance ... WESCORP!

 

In case you can't read that clearly, after 15 years of insolvency resolution and law suits the net loss for Wescorp is -$3.440 billion. For all the other 27 corporate credit unions "the loss" is a net gain of +$264 million!

That's the "legacy leadership" [see "Transformational Leadership" series above] that "this Board" hired to lead SECU after a nationwide search...

 Bye, bye y'all... https://secuvote.ey.com/

 

 ... in "This Board's" judgment, the best person in all of the U.S. of A. to lead SECU and to protect the financial interests of its 2.7 million members.  
https://secuvote.ey.com/

  ... Well, Bless their hearts - and judgment, too! [and don't forget it either]! https://secuvote.ey.com/

Fitz - SECU Board Hires Another Firefighter

   

          WHO DO THEY THINK THEY ARE?!! https://secuvote.ey.com/

Joyce Fitzpatrick is the President and Founder of Fitzpatrick Communications, Inc.with thirty years of experience helping clients use public relations to their advantage. Her special expertise is crisis communications. She serves on the Board of Directors for the School of Journalism and Mass Communications at UNC-Chapel Hill.

Another one of those "outside hires" by the SECU Board... she's really good, few better! And of course, very expensive....your money at work!  

For the SECU Board: What is "the crisis"? What is"the threat"? The members of SECU? 

... this isn't going to be as embarrassing as that Hannah-Jones thing [link H-J NYT] at the UNC School of Journalism, is it?
https://secuvote.ey.com/