This Hmong couple pretty much got fired but they still left with $350k

[theking]

 :

After hedge fund loss, couple to leave top jobs at Hmong College Prep with $350,000 in payouts

Hmong College Prep Academy’s chief operating officer has joined his wife in resigning his job in the wake of the school’s $4.3 million loss from an illegal hedge fund investment.

Pao “Paul” Yang will leave at the end of the month with a $120,942 separation payout, according to a Dec. 5 letter from school lawyer Jim Martin to bondholders who are financing the school’s construction projects.

Martin said Yang had approached the school about resigning in exchange for a separation agreement.

Yang’s wife, the school’s founder and longtime superintendent, Christianna Hang, is leaving at the same time with a previously announced $227,732 payout.

[theking]

$350k is enough to buy a really nice house in that area...

[VillainousHero]

...and I offered to help when they were first starting up...They were evasive, soooo...

[theking]

So looks like they already have some fraudulent planning to begin with??   

[theking]

 

[VillainousHero]

Yeah, they said they just needed money...

...so you're not interested in collaborative help? 

still the school propped up in the midst of all these other alternative schools sprouting like fresh dandelion weeds.

*****
Remember when all the NPO's were sprouting up and .... 

[theking]

"HOLY SHINTO" per Chris Farley  !!!

[Cali Guy]

Would it made a difference if they made money, probably not. Kind of suspicious when the markets at all time high yet the school bled out so much.