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re: HAMMER TIME 4 TEEDY: Inspector General subpoenas Cantrell nonprofit records
Posted on 9/22/22 at 8:40 pm to NoSaint
Posted on 9/22/22 at 8:40 pm to NoSaint
Wow that article paints a disturbing picture of corruption.
I wonder how much the Wisner heirs, or other beneficiaries, paid Teedy to continue paying them.
That’s the only explanation.
I wonder how much the Wisner heirs, or other beneficiaries, paid Teedy to continue paying them.
That’s the only explanation.
1
Posted on 9/23/22 at 6:00 pm to Bjorn Cyborg
Didn't look to see if anyone posted about it today, but a judge took a big step towards dissolving the trust and giving the city the money.
Also blocked Cantrell from taking any more money out.
Also blocked Cantrell from taking any more money out.
Posted on 9/23/22 at 6:54 pm to fightin tigers
quote:
dissolving the trust
But who gets the land and future royalties now?
Posted on 9/23/22 at 6:56 pm to WyattEarp
Per the article I found, it goes into the city’s general fund which means the city council gets to allocate it.
Posted on 9/23/22 at 6:58 pm to teke184
quote:
r the article I found, it goes into the city’s general fund which means the city council gets to allocate it
So the heirs just lost 10k or so acres and royalties?
I tried to read the case about it in 2014 but lot of legal turns and I’m not a smart man
Posted on 9/23/22 at 6:59 pm to WyattEarp
Its David Hammer Time!
Posted on 9/23/22 at 7:01 pm to WyattEarp
WWL article
Based on what I’m seeing, yes, the heirs lost out on a ton of money because the trust as it existed ended and the mayor illegally rolled it into a new trust which is perpetual rather than limited to 100 years.
Based on what I’m seeing, yes, the heirs lost out on a ton of money because the trust as it existed ended and the mayor illegally rolled it into a new trust which is perpetual rather than limited to 100 years.
Posted on 9/23/22 at 7:12 pm to OogumBoogum
quote:
Even more extensive listing of Wisner heirs in this document -- full listing of heirs and their individual percentages: LINK
Catholic Charities Archdiocese of New Orleans is one of the heirs.
Posted on 9/23/22 at 7:23 pm to teke184
quote:
Based on what I’m seeing, yes, the heirs lost out on a ton of money because the trust as it existed ended and the mayor illegally rolled it into a new trust which is perpetual rather than limited to 100 years.
I *think the heirs still get their take at present, but if the trusts ends everything goes to the City via the Council.
Also presently Cantrell is able to dole out the money via grants with no oversight, or rather that’s what she’s been doing, but I read a court decision posted earlier holding that she could not do so, that the Mayor had to seek approval from the Advisory Board.
So Cantrell and the heirs want the trust to exist in perpetuity, the city council wants it to end.
Now I have a headache.
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