Not the Bee — literally

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Not the Bee, quoting excerpts from the WSJ article

By some measures, the stakes could not be lower. A red envelope that went missing — or was stolen — from the [Amagansett elementary] school's mailroom [in December of 2023] was said to contain a $25 Amazon gift card, a Christmas-season expression of gratitude from a parent to one of the school's occupational therapists.

Yet the missing card has prompted a police report, accusations of foul play and bullying and a disciplinary trial that has generated some 1,400 pages in testimony from more than a dozen witnesses. Passages read like an Agatha Christie mystery, except there is no antique revolver or pearl-handled dagger.

Not the Bee: “That response alone would be absurd enough, rolling out the court system for a gift card in the amount of a couple of new iPhone chargers off Amazon.

“But the sheer price tag of the endeavor is even more jaw-dropping:”

Meanwhile, based on his published rates, the fees for the arbitrator overseeing the hearing have already exceeded $24,800 — or nearly a thousand-times the value of the missing card — and are sure to rise further.

I get the issue: you don’t want a crook serving as school principal, although, is she is one, she’d be perfectly fit to be a politician, but where are these arbitration costs coming from? I don’t remember what I was paid as an NYSE arbitrator — it might have been just a box lunch, there might have been a small stipend — but this arbitrator must have a relative on the school board.

From debtor, to deadbeat, to the deficit reduction program

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gentlemen, start your bidding

With Patriot Bank breathing down his neck in 2006, James Ferraro unloaded 505 North Street, a/k/a 8 Lindsay Drive to a (dot head, not chicken feather) Indian crook. Iftikar Ahmed for $9,625,000. The unfortunate Iftikar soon found himself in the same awkward, albeit deeper troubled financial waters as Ferraro and departed for his country of origin. Now the g’ummint owns the place, and the U.S. Marshalls Service is offering it for sale at $7,150,00. Here’s the most recent former owner’s story as reported in Greenwich Time in 2018:

Fugitive Greenwich financier to pay $64M for embezzlement

A federal judge ordered a Greenwich fugitive to repay $42 million to Oak Investment Partners he was found to have embezzled, approving as well a $21 million penalty and $1.5 million in interest on the moneys owed.

Iftikar Ahmed has been on the lam since May 2015 in his native India, with the Securities & Exchange Commission having obtained a prior judicial order for a freeze on assets valued at the time at $118 million. The U.S. Attorney’s office for the District of Connecticut had also investigated Ahmed, with his arrest in April 2015 on suspicion of insider trading prompting Oak to examine investment deals Ahmed structured on behalf of the firm.

Oak Investment Partners has offices in Greenwich, Norwalk and Palo Alto, Calif., with the firm investing in technology and energy companies. Oak partners include Ed Glassmeyer, who founded the firm in 1978 with Stewart Greenfield; and Ann Lamont, the spouse of Connecticut gubernatorial candidate Ned Lamont, with the couple living in Greenwich.

Ahmed had been charged with presenting Oak’s partners with investment opportunities in overseas businesses then misrepresenting deal terms, whether with regard to the actual value of the companies or exchange rates and pocketing the difference, and altering documents to hide the subterfuge. Ahmed set up bank accounts in the names of the companies he recommended for investments, according to court documents, then shunted moneys into accounts controlled by him and his spouse Shalini.

Well, Harvard

Ahmed is a graduate of the India Institute of Technology who went on to get an MBA from Harvard Business School and worked for Goldman Sachs Group before joining Oak in 2004.

But wait, there’s still more!

Update from 3 days ago:

Fugitive on the run for 17 years arrested from Croatia

SIALKOT, Feb 18 2025 (APP):A fugitive wanted in dozens of cases including extortion and robbery was arrested from Croatia through Interpol.

According to a police spokesperson, Sialkot police had been looking for Iftikhar Ahmed, wanted in connection with dozens of criminal cases including extortion and robbery. He has been apprehended from Croatia through a coordinated effort involving Interpol. The arrest marks a significant breakthrough in a lengthy investigation, as the individual had been evading authorities for 17 years. A bounty of Rs500,000 (head money) had been announced for his arrest. [Bummer: that’s only around $5,700 in real money — Ed’

How much has Riverside changed over the years? Well, the families I knew there when I was growing up could not have paid a fraction of this one's $108,000 annual rent.

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31 Summit Road, new to the rent rolls today and priced at $8,995 per month. No garage, no basement, 3 bedroom (which in my day would have seen 5-6 kids in two of them).

Understand, I am not criticising this price or the replacement of so many of the former, inexpensive homes in this neighborhood; markets and the character of neighborhoods change, and I’m just noting the transformation.

I should add that owner here did a remarkable job of transforming this house from the “as-is” wreck he purchased in 2020 for $712,500,000 to what it looks like today. Well done.

2020

Change

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have a wonderful trip — write us!

Sarah Hoyt:

“FORCED” TO RELEASE HIM UNDER OBAMA, AND NOBODY HAS GOTTEN MEXICO TO GIVE QUINTERO BACK. BUT TRUMP MANAGES IT AFTER A MONTH BACK IN OFFICE:  Mexico sends drug lord Caro Quintero and 28 others to the US as officials meet with Trump team.

I’m torn between ‘nature is healing’ and ‘funny how that happens.’

And this toothsome lagniappe from the comments:

Fun article by Kevin Downey, Jr at PJ Media: but then, they always are

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We the People Don't Need No Stinkin' Commie Activist Judges

Just when we think it's safe for young women to go back into the water and compete against only women and not a bedlamite dudette in a bikini, along come activist judges to spew communism in the face of sanity.

FACT-O-RAMA! Forcing young women to compete against men—and then shower naked with them—is sick, and you'll understand if I can't let such perversian pass without mocking the brain-free, easily-controlled simps who embrace "woke" so that someone doesn't call them names like "transphobe," "thinker," or "sane."

Trump's February 5, 2025, executive orders (EO) stated that men with kangaroos in the top paddock can't jump into the ring and beat the potato salad out of female athletes. It's sad that we are even at this point in history. What's worse, activist pinko judges are doing everything they can to stop Trump's attempt to bring normalcy back to the United States and are thwarting him from the bench, even when it comes to defending women in sports.

FACT-O-RAMA! There is a long and sad list of young women who have been injured while playing sports where a man is allowed to compete alongside women. The left celebrates these men—who typically suck when competing against other men—as they knock young women into Conucssionville, USA, and simulataneously beating out women for trophies, accolades, and college scholarships.

Let's take a look at some of the robed dopes trying to speed-bumb Trump's attempts to make America Great again.

Read the whole thing.