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RandySF

(59,237 posts)
Sun Jan 10, 2016, 11:59 PM Jan 2016

Jane Sanders took $200k severance after costing local parish at least $1.5 million.

The Roman Catholic Diocese of Burlington lost at least $1.5 million and perhaps as much as $2 million on a $3.65 million loan to Burlington College, according to financial statements from the church. In 2010, Burlington College bought the former diocese headquarters on North Avenue for $10 million. The diocese sold the property to help cover the cost of a $17 million settlement with victims of priest sex abuse in Vermont. The college borrowed heavily to buy the 33-acre prime Lake Champlain waterfront property. The purchase was part of an ambitious expansion plan for the school, led by Jane Sanders, the former Burlington College president and the wife of presidential candidate Sen. Bernie Sanders. In August 2011, Jane Sanders resigned (link is external) as doubts emerged about her plans and fundraising strategy. The college trustees gave her a $200,000 early exit package.

Sanders hoped to double the size of the college (link is external) and create a new campus at the diocese location. When she signed off on a $6.7 million loan from People’s United Bank and a $3.65 million loan from the diocese in 2010, she was banking on pledged donations from supporters.

The diocese loan was settled earlier this year, and recently released documents show the diocese lost $1 million in principal payments, plus $500,000 to $1 million in interest accrued but never paid over a five-year period.

A VTDigger investigation in September showed that Sanders overstated pledged donations (link is external) used to secure the People’s bank loan. Pledged donations never materialized, according to documents and statements from college officials. Ambitious plans to boost enrollments failed, pushing the college toward financial collapse.

Sanders declined to be interviewed for this and previous stories about the loans.

To avoid bankruptcy, the college sold 27 acres to developer Eric Farrell in February for $7 million. At about the same time, Burlington College settled the loan with the diocese.


http://www.vermontbiz.com/news/december/catholic-church-takes-loss-loan-settlement-burlington-college

54 replies = new reply since forum marked as read
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Jane Sanders took $200k severance after costing local parish at least $1.5 million. (Original Post) RandySF Jan 2016 OP
Message auto-removed Name removed Jan 2016 #1
I thought Bernie was preaching against golden parachute/ RandySF Jan 2016 #2
This message was self-deleted by its author pipoman Jan 2016 #30
Yes, where should we start? When he supported eliminating Glass Steagall so that Citigroup's.... virtualobserver Jan 2016 #6
The Golden Parachute is clearly alright for the pro-left. Dawson Leery Jan 2016 #3
As these "parachutes" go $200k would be more like a pewter umbrella than a golden parachute.... pipoman Jan 2016 #31
No one is truly altruistic KingFlorez Jan 2016 #4
Hillary got that for speaking at a Carlyle Group event. JRLeft Jan 2016 #5
So did Jane's husband speak out against her golden parachute? RandySF Jan 2016 #7
I sure he didn't, I'm certain you're OK with the Clinton's receiving money from the Saudi royal fam. JRLeft Jan 2016 #10
200K is a golden parachute? Kali Jan 2016 #11
You guys called it living in luxury right up until now. RandySF Jan 2016 #13
"you guys" - huh? Kali Jan 2016 #41
Hillary got as much as $300,000 for a speech. JDPriestly Jan 2016 #46
two hundred thousand is not 2pooped2pop Jan 2016 #21
Giddy up ... we now know that Bernie is electable. libdem4life Jan 2016 #8
But it's *verboten* to bring up Clinton's bvf Jan 2016 #22
Anyone in the US who cannot visualize what went on in the Oval Office likely on a libdem4life Jan 2016 #23
Excellent point. bvf Jan 2016 #29
So it didn't work out? cheapdate Jan 2016 #9
She nearly ruined Burlington College and the local Archdiocese of Burlington in one fell swoop RandySF Jan 2016 #12
Well that's too bad. cheapdate Jan 2016 #15
Burlington College enid602 Jan 2016 #27
The pedophile priests nearly ruined the Archdiocese. Ken Burch Jan 2016 #20
Oh FFS, have you never heard of a business proposition going under? libdem4life Jan 2016 #25
Almost 30 minutes of work for Hillary.... daleanime Jan 2016 #14
This ^^^^^ libdem4life Jan 2016 #26
It's sad that you are this fixated with getting the most conservative candidate nominated. Ken Burch Jan 2016 #16
Your post was alerted upon and here are the results. (I was Juror #3) CaliforniaPeggy Jan 2016 #33
Not surprised. I got a thread locked for committing truth re: Bill's hypocritical poorbashing Ken Burch Jan 2016 #34
I saw that. Most unfortunate. CaliforniaPeggy Jan 2016 #37
If a bad business deal is the worst that Hillary supporters can come up with HerbChestnut Jan 2016 #17
Nothing that happened there was Jane Sanders' fault. Ken Burch Jan 2016 #18
you are blaming Jane Sanders for what looks to be a fault if there is any with the Catholic Church JI7 Jan 2016 #19
Post removed Post removed Jan 2016 #24
Didn't know that. That ought to keep the tit for tatters in quite a titter. Done. libdem4life Jan 2016 #28
That settlement covered ONLY 26 REMAINING CASES Divernan Jan 2016 #47
Post removed Post removed Jan 2016 #48
wow this is desperate DonCoquixote Jan 2016 #32
Every one of these Bernie take down pieces....compared to the Hillary files, sound like pipoman Jan 2016 #35
She is not the candidate for president, Bernie is. Did we forget Laura applegrove Jan 2016 #36
Bill Clinton is not on the ballot, either. RandySF Jan 2016 #38
I agree. applegrove Jan 2016 #39
Actually it was brought out in 840high Jan 2016 #40
Jane Sanders is part of Bernie's campaign team, unlike Laura Bush. SunSeeker Jan 2016 #44
K & R for ecposure. nt SunSeeker Jan 2016 #42
Oh thank goodness, snort Jan 2016 #43
$200,000 -- less than Hillary "earned" for just one of her speeches. JDPriestly Jan 2016 #45
Good point, how many people died in Iraq because of Hillary's lies? beam me up scottie Jan 2016 #49
More people have died and are dying everyday from gun violence, we need gun control. Thinkingabout Jan 2016 #52
Fact. nt Bobbie Jo Jan 2016 #54
So you really, really want people to keep talking about Bill Clinton then? jeff47 Jan 2016 #50
On the whole, this is a fail. djean111 Jan 2016 #51
Well. Right wing wag tries to help Hillary. who would have guessed. See below HERVEPA Jan 2016 #53

Response to RandySF (Original post)

Response to RandySF (Reply #2)

 

virtualobserver

(8,760 posts)
6. Yes, where should we start? When he supported eliminating Glass Steagall so that Citigroup's....
Mon Jan 11, 2016, 12:12 AM
Jan 2016

merger with Travelers which violated that law....could stand?

or should we just do a full court press on the activities of his Penis?

 

JRLeft

(7,010 posts)
5. Hillary got that for speaking at a Carlyle Group event.
Mon Jan 11, 2016, 12:10 AM
Jan 2016

The Carlyle Group is a group of scumbags.

 

JRLeft

(7,010 posts)
10. I sure he didn't, I'm certain you're OK with the Clinton's receiving money from the Saudi royal fam.
Mon Jan 11, 2016, 12:23 AM
Jan 2016

Kali

(55,020 posts)
41. "you guys" - huh?
Mon Jan 11, 2016, 02:32 AM
Jan 2016

where did I say that or whoever "us guys" are, where did "we" say that? what do you even mean?

200k/year might be kind of luxurious (well it would be hella luxurious to me!), but a payoff/retirement buy-out? those are supposed to be for years or the rest of your life...not sure what you mean (or if you even know what you mean)

JDPriestly

(57,936 posts)
46. Hillary got as much as $300,000 for a speech.
Mon Jan 11, 2016, 04:24 AM
Jan 2016

A speech. If Jane got severance pay, it probably means she did a good job.

 

2pooped2pop

(5,420 posts)
21. two hundred thousand is not
Mon Jan 11, 2016, 01:01 AM
Jan 2016

A very golden parachute. I believe gm workers got offered more. Kind of like a silver plated parachute maybe?

I'm thinking u can keep pulling on those udders but I don't think you're going to get any milk. I know it's all u have so i'll just pick up some udder cream to sooth the rash as you keep trying to milk it.

 

libdem4life

(13,877 posts)
8. Giddy up ... we now know that Bernie is electable.
Mon Jan 11, 2016, 12:19 AM
Jan 2016

I was counting the days/weeks since I read this earlier and mentioned in one of my posts, that there was some dirt on Sanders, but we wouldn't hear about it until it was necessary. How is it I'm so psychic? LOL. Not.

Polls are closing in and this is surely fair game. I'm sure it was well-intentioned, however unsupervised and overeager. A business deal that went South. Happens in the Big World most every day. Certainly the parishoners were not affected.

Again, as Bill Clinton's sexual actions are a part of the deal, so is Jane Sander's managerial expertise.

 

bvf

(6,604 posts)
22. But it's *verboten* to bring up Clinton's
Mon Jan 11, 2016, 01:02 AM
Jan 2016

little peccadilloes, don't you know. Because Sanders promised never to give his honest opinion of them, or something like that.

 

libdem4life

(13,877 posts)
23. Anyone in the US who cannot visualize what went on in the Oval Office likely on a
Mon Jan 11, 2016, 01:10 AM
Jan 2016

regular basis, as well as in Arkansas what with LEO being asked to bring him certain nubile young ladies (you have to have a relative in Arkansas to know about some of this) et al, it was a lifestyle. A lifestyle that Hillary had to live with.

Is it relevant? Probably, because as I think further, he'd be the First Man of the White House and that background doesn't exactly fit the ceremonial position.

It would be good for his peccadillos helping him spend his time when Hillary (were she to become President) was away.

 

bvf

(6,604 posts)
29. Excellent point.
Mon Jan 11, 2016, 01:22 AM
Jan 2016

And absolutely relevant.

Hillary puts him out there on the stump, and no one is supposed to raise a peep. To dare to do so is to regurgitate right-wing talking points, or some such crap.

As you said, it's fair game. Giddy-up.

RandySF

(59,237 posts)
12. She nearly ruined Burlington College and the local Archdiocese of Burlington in one fell swoop
Mon Jan 11, 2016, 12:24 AM
Jan 2016

and got paid $200,000 for it. But it's ok, because it's a Sanders.

cheapdate

(3,811 posts)
15. Well that's too bad.
Mon Jan 11, 2016, 12:32 AM
Jan 2016

I'm assuming she made a good faith effort and fell short. I would also assume she was paid what was owed her. Do you think otherwise?

enid602

(8,654 posts)
27. Burlington College
Mon Jan 11, 2016, 01:19 AM
Jan 2016

As Chief Executive Officer of her Institution, she overstated the balance sheet of the College by $2MM to support a large loan that such a tiny college could otherwise never have been granted. It could never make interest payments, as the stated income from endowments simply was not there. The college did indeed default within months. One might argue that she did not know what she was doing, or maybe was forced to do this by others in the college administration. But how many administrators could a college of only 200 students have?

I would agree that such smaller-scale CEO hijinks would not normally affect a spouse's political career, assuming said spouse a) explains the situation to the Press (including VTdigger and several local TV stations) and b) said spouse's campaign is not largely based on an aversion to Wall Street greed and fraudulent banking practices. This looks pretty hokey indeed.

Fox News' coverage of BS has largely been positive thus far, but this is a trap.

 

Ken Burch

(50,254 posts)
20. The pedophile priests nearly ruined the Archdiocese.
Mon Jan 11, 2016, 12:46 AM
Jan 2016

It's not Jane Sanders' fault that the Archdiocese protected sex offenders.

 

libdem4life

(13,877 posts)
25. Oh FFS, have you never heard of a business proposition going under?
Mon Jan 11, 2016, 01:16 AM
Jan 2016

If not, you've lived a very sheltered life. And yes, the Golden Parachute. And it will be roundly cussed and discussed. Also, it seemed to be because of pledges people made and didn't keep...since banks can't lend on future value.

I do know that the Catholic Church has some deep pockets, when they want to. But even in her sin of not fulfilling the project, she was still trying to help and make better people's lives. Hardly the case on Bill Clinton's little problems.

daleanime

(17,796 posts)
14. Almost 30 minutes of work for Hillary....
Mon Jan 11, 2016, 12:28 AM
Jan 2016

she'll need to step it up in order for you to have an 'out-rage' opening.

 

Ken Burch

(50,254 posts)
16. It's sad that you are this fixated with getting the most conservative candidate nominated.
Mon Jan 11, 2016, 12:39 AM
Jan 2016

It never leads to progressive outcomes to nominate the least-progressive person. Obviously, you are content with the status quo. Why?

CaliforniaPeggy

(149,712 posts)
33. Your post was alerted upon and here are the results. (I was Juror #3)
Mon Jan 11, 2016, 01:31 AM
Jan 2016

AUTOMATED MESSAGE: Results of your Jury Service

Mail Message
On Sun Jan 10, 2016, 11:10 PM an alert was sent on the following post:

It's sad that you are this fixated with getting the most conservative candidate nominated.
http://www.democraticunderground.com/?com=view_post&forum=1251&pid=993208

REASON FOR ALERT

This post is disruptive, hurtful, rude, insensitive, over-the-top, or otherwise inappropriate.

ALERTER'S COMMENTS

unnecessary personal attack

You served on a randomly-selected Jury of DU members which reviewed this post. The review was completed at Sun Jan 10, 2016, 11:19 PM, and the Jury voted 1-6 to LEAVE IT.

Juror #1 voted to LEAVE IT ALONE
Explanation: Sanders or Clinton will both see a Republican elected handily, it's sort of a moot point. But let the bun fight continue.
Juror #2 voted to LEAVE IT ALONE
Explanation: Good gawd. DU is infantile these days.
Juror #3 voted to LEAVE IT ALONE
Explanation: Oh good grief. This post is NOT a personal attack. Leave it alone.
Juror #4 voted to LEAVE IT ALONE
Explanation: Ahhh, alert trolling as someone who doesn't support your candidate and the fact that you can't defend your own position means I leave it. Grow thicker skin people.
Juror #5 voted to HIDE IT
Explanation: This is a personal attack, plain and simple and is not allowed under the TOS.
Juror #6 voted to LEAVE IT ALONE
Explanation: Not a "personal attack" at all. It stays.
Juror #7 voted to LEAVE IT ALONE
Explanation: No explanation given

Thank you very much for participating in our Jury system, and we hope you will be able to participate again in the future.

 

Ken Burch

(50,254 posts)
34. Not surprised. I got a thread locked for committing truth re: Bill's hypocritical poorbashing
Mon Jan 11, 2016, 01:35 AM
Jan 2016

Thanks for letting me know.

CaliforniaPeggy

(149,712 posts)
37. I saw that. Most unfortunate.
Mon Jan 11, 2016, 01:50 AM
Jan 2016

I generally post the results to whoever was alerted upon. I think people should know how these go.

 

HerbChestnut

(3,649 posts)
17. If a bad business deal is the worst that Hillary supporters can come up with
Mon Jan 11, 2016, 12:41 AM
Jan 2016

Then I think Bernie is in good shape.

 

Ken Burch

(50,254 posts)
18. Nothing that happened there was Jane Sanders' fault.
Mon Jan 11, 2016, 12:44 AM
Jan 2016

If the college had difficulties when she was involved, it would have had them if anyone else was in her place. And you blame her for the Archdiocese's financial problems but NOT the pedophile priests the Archdiocese had enabled?

Now you are just being vicious for the sake of being vicious.

Bernie never did anything to deserve this from you.

JI7

(89,271 posts)
19. you are blaming Jane Sanders for what looks to be a fault if there is any with the Catholic Church
Mon Jan 11, 2016, 12:45 AM
Jan 2016

such a BS article.

she got 200 thousand after having been there years. you act as if she was responsible for the financial loss and she ended up getting 200 milllion .l

Response to RandySF (Original post)

 

libdem4life

(13,877 posts)
28. Didn't know that. That ought to keep the tit for tatters in quite a titter. Done.
Mon Jan 11, 2016, 01:22 AM
Jan 2016

Stick a fork in it.

Divernan

(15,480 posts)
47. That settlement covered ONLY 26 REMAINING CASES
Mon Jan 11, 2016, 04:28 AM
Jan 2016
And that $17.6 million was only to settle cases from 2005 to 2010. There are court documented cases of priest/pedophile abuse that were settled from 1975 onward.
Sexual abuse scandal in Burlington diocese
From Wikipedia, the free encyclopedia
https://en.wikipedia.org/wiki/Sexual_abuse_scandal_in_Burlington_diocese

The sexual abuse scandal in Burlington diocese is a significant episode in the series of Catholic sex abuse cases in the United States. The court-documented cases covered abuse in the 1970s. The courts heard these cases from 2005 through 2010. In 2010, 26 cases remaining were settled for $17.6 million.1]

http://usatoday30.usatoday.com/news/nation/2010-05-13-vermont-priest-abuse_N.htm

Here are the stats on Burlington diocese's financial exposure for its pedophile priests BEFORE 2005:
All of the following information comes from documentation of complaints registered between 1950 and 2002 and contained in the Burlington Vermont diocesan files.

The documents of the Diocese of Burlington reveal a history of neglect and at times complete disregard for the welfare of minors and others who were sexually assaulted and abused by its clergy. This history is no better or worse than other dioceses or religious orders. It is only one example. We can all learn and profit from understanding the facts and the pressures under which priests are asked to serve their people.

1. Sexual Orientation: Of the 102 priests in the Burlington Diocese whose records were available forty-four (44) can be determined to have a heterosexual orientation based on accounts of their behaviors; also from reports of behaviors forty-nine (49) priests can be said to have a homosexual orientation; six (6) priests can be called bi-sexual from accounts of their behaviors. There was insufficient information to determine the orientation of three (3) priests.

2. Alcohol was noted as an element in eighteen (18) cases of problem behavior. Two priests were sent to treatment specifically for alcoholism.

3. Sex With Teens: Twenty-nine (29) priests were involved in sex with minors over the age of 14. Two (2) of the priests were sexually active with teen-aged girls, twenty-seven (27) with teen-aged boys.

4. Sex With Children: Twenty-three (23) priests were sexually involved with children under the age of 13 years. Nineteen (19) priests were sexually in involved with boys. Four (4) priests were sexually involved with girls under the age of 13. Three priests sexually abused both boys and girls under the age of 13. On the basis of these reports these priests can be diagnosed as pedophiles. The youngest child victim reported was a girl 3 years old; the youngest boy was 5 years old.

5. Behaviors With Minors: The types of sexual behaviors of priests with minors are of special concern. Many records of behaviors with minors are vague and are listed as foundling or “foundling +” to indicate sexually inappropriate touch on the skin, including masturbation, or outside the clothing plus activities minors do not want to specify. Sleeping with minor boys and bathing nude with them was frequently reported. Anal rape of adolescent boys is noted in reports of two priests; in addition anal intercourse is recorded 5 times and oral copulation is also noted 5 times in the list of abuse of minor boys. The use of pornography and incidents of voyeurism were reported. At least two (2) minors were solicited for sex during confession. There is no report that either incident was investigated and processed according to church law. Of all the offenders only two priests were convicted of sexual crimes against minors.

6. Sex With Adult or Married Women: Fifteen priests (15) were reported for involvement with married women; twelve priests (12) had relationships with adult women; two (2) priests impregnated a partner, one was 17 years old; four (4) priests were reported for sexual involvement with housekeepers;

7. Adult Consensual Sex: Although sexual relations between unattached consenting adults is ordinarily a private matter, the power position of a Catholic priest, and the public assurance that he is by profession sexually safe make his sexual activity with adults hypocritical and questionable at the very least. Adult consensual sex is ordinarily not criminal, however, the circumstances listed above create a climate vulnerable to harassment and abuse. Many adult women who report assault register dissatisfaction with church authority when they complain of mistreatment at the hands of a priest. Regardless of the circumstances frequently the woman in such a liaison is branded as the seducer and the priest is easily exonerated and even promoted. This can prevail even following an abortion insisted on by the priest of a pregnancy of his child.

8. Reports named nineteen (19) priests who had sexual relationships with adult men. There are instances of adult homosexual relations of priests with men or other priests that border on the criminal, however rarely reported.

http://www.awrsipe.com/diocesan_profiles/diocese_of_burlington.htm

Response to Post removed (Reply #24)

DonCoquixote

(13,616 posts)
32. wow this is desperate
Mon Jan 11, 2016, 01:31 AM
Jan 2016

and that desperation smells sweet to me, because it will force some of the hawks to realize that they will not be able to shovel the leftists out the door, but will need us all the way. Keep talking about everything buy the candidate's flaws, it is amusing.

 

pipoman

(16,038 posts)
35. Every one of these Bernie take down pieces....compared to the Hillary files, sound like
Mon Jan 11, 2016, 01:42 AM
Jan 2016

Mr. Rogers offenses compared to offenses of Charles Mansion....

Nice try....weak story bro...

applegrove

(118,792 posts)
36. She is not the candidate for president, Bernie is. Did we forget Laura
Mon Jan 11, 2016, 01:46 AM
Jan 2016

Bush had an accident as a teen driver that killed some guy. That was not brought up in the election.

 

840high

(17,196 posts)
40. Actually it was brought out in
Mon Jan 11, 2016, 02:20 AM
Jan 2016

the election. i thought it was unfair and I think this is unfair. Go Bernie!

SunSeeker

(51,712 posts)
44. Jane Sanders is part of Bernie's campaign team, unlike Laura Bush.
Mon Jan 11, 2016, 03:09 AM
Jan 2016
Jane's role, however, is unique.

With some exceptions, most candidate's spouses play behind-the-scenes roles, helping calm the candidate during what can be a grueling process, and not stepping into the forefront until later in the campaign. Jane Sanders, however, is more hands on. She and her husband share an office at their campaign headquarters in Vermont, she travels on nearly every campaign trip and is in on nearly all senior staff meetings.

And unlike other campaigns, Jane Sanders regularly takes the stage with her husband, waving to the crowd before getting a kiss on the cheek.


http://www.cnn.com/2015/10/12/politics/bernie-sanders-jane-sanders/

snort

(2,334 posts)
43. Oh thank goodness,
Mon Jan 11, 2016, 03:07 AM
Jan 2016

I was worried this campaign might leave them broke. They don't really have the personal wealth like some other candidates.

JDPriestly

(57,936 posts)
45. $200,000 -- less than Hillary "earned" for just one of her speeches.
Mon Jan 11, 2016, 04:20 AM
Jan 2016

This is a non-story.

It's not like Jane Sanders voted for the Iraq War Resolution and then messed up in Libya and Syria.

This has to be a joke.

beam me up scottie

(57,349 posts)
49. Good point, how many people died in Iraq because of Hillary's lies?
Mon Jan 11, 2016, 07:16 AM
Jan 2016

Last edited Mon Jan 11, 2016, 08:24 AM - Edit history (1)




Attacking family members just makes people look desperate - like Republicans going after Michelle Obama.

Some things should be beneath liberals.

jeff47

(26,549 posts)
50. So you really, really want people to keep talking about Bill Clinton then?
Mon Jan 11, 2016, 11:47 AM
Jan 2016

If you don't want spouses to be an issue, don't bring up spouses yourself.

Also, you managed to leave out the loss was due to the church covering for peophiles, something Jane Sanders was not involved in. I guess you want to put Whitewater back on the table, even though those losses were not caused by the Clintons.

 

djean111

(14,255 posts)
51. On the whole, this is a fail.
Mon Jan 11, 2016, 11:53 AM
Jan 2016

I am assuming this is not seriously meant to sway Bernie's supporters to support Clinton. We all are looking at the big picture.

Latest Discussions»Retired Forums»2016 Postmortem»Jane Sanders took $200k s...