I know nothing!
Board of Education member Peter Braun is defending a lawsuit brought against him to foreclose his two-unit condominium spec project at 623 Steamboat Road by claiming that the loss is the lender’s fault: it should have known he was too stupid to be entrusted with millions of dollars. I understand why Braun would employ this defense – it succeeded once before, 15 years ago, when he sued a local stock brokerage firm for taking advantage of his financial naivety and inexperience, so why not go back to the well?
And had he asked me, I’d have been happy to serve as a character witness and attest to the absolute truth of his claim of imbecility, but I do wonder whether a man who by his own admission is an unsophisticated financial idiot should be on a board that decides how to spend literally millions of our tax dollars – 75% of our total budget. Does that make sense?
Not to me but then, I’m not one of the handful of wise men of the Republican Party who select BOE members.
Here’s a listing for one of the units in question. Mud flats on one side, busy road on the other, asking $4 million? I must be nuts.
All that court activity doesnt look like the typical foreclosure case. We need more background info.
To know Peter is to know that “all that court activity” is exactly typical of the man.
Thanks for the laugh of the day with great commentary and the Hogan Heroes bufoon picture….that was good.
i wonder how medical records are going to figure in?
“i was insane when i built this ugly yellow hulk”
Whatever happened with the condos built on the old Manero’s site? Did they sell?
I don’t think so – not much of a market for that price range.
Its pretty scary that he was elected to manage our schools spending when he can’t even manage his own personal finances.
It is astonishing the ‘pubbies put him up. Pons Cohen was a pain in the patoot, but she was dead on about the schools being a mess.
Well this situation doesnt look very good. Nice job by the paper (zzzzzzzzzzzz) to get the scoop on this one too.