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Everything posted by CynicalScouter
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Chapter 11 announced - Part 3 - BSA's Toggle Plan
CynicalScouter replied to Eagle1993's topic in Issues & Politics
It really is that blatant at this point. BSA and Hartford hit a sweetheart deal, in which the sexual abuse victims (either through their attorneys or at least the TCC) had precisely 0 input. And the two of them expect the abuse victims to just accept it. This was the same stunt they pulled when they reached an "agreement" with JP Morgan over Arrow WV/Summit. -
Chapter 11 announced - Part 3 - BSA's Toggle Plan
CynicalScouter replied to Eagle1993's topic in Issues & Politics
That creates the second part: JP Morgan's mortage/loan is a fraud to make it appear as if Summit is in debt. It isn't. TCC and the others are claiming, in effect, that the MINUTE that BSA gets out of bankruptcy, the note is going to be 100% paid off. https://casedocs.omniagentsolutions.com/cmsvol2/pub_47373/878880_2364 a.pdf If JP Morgan and/or BSA really have a DEBT interest in Summit (as opposed to equity) then prove it. Otherwise, this looks like a fraud. -
Let me put it this way. Between 2010 and 2019 (before the LDS left and COVID) Cub Scouts dropped 27%. At a time when U.S. Male Population age 5-11 dropped only about .6% During that same time period, Scouts, BSA lost 11%. U.S. Male Population age 12-17 only dropped around 1.7% That's what is insane here. You cannot attribute it to a lack of kids. They (or perhaps their parents, or both) just couldn't be bothered. And COVID isn't going to change that trend. Source: Annual Estimates of the Resident Population by Single Year of Age and Sex for the United States: April 1,
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Chapter 11 announced - Part 3 - BSA's Toggle Plan
CynicalScouter replied to Eagle1993's topic in Issues & Politics
This was explained really well on reddit. Summit has equity worth at least $345 million. They are just making it LOOK like it is in debt. It isn't. -
That's the way I read it, too. And consistent with what I had heard. To put this into perspective folks: The last time total youth (Cub + Scouts, BSA + Venturing/Sea Scouts + Exploring) was this low was was between 1933 (707,598) and 1934 (774,594) The last time Cub Scouts was this low was 1943 (300,782) and 1944 (412,871) The last time Scouts, BSA was this low was between 1919 (360,790) and 1920 (389,352) EVEN IF everything DOUBLES, we are talking massive, massive losses. A doubling of total youth to 1,498,146 would put BSA back to where it was in 1947 (1,584,
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Chapter 11 announced - Part 3 - BSA's Toggle Plan
CynicalScouter replied to Eagle1993's topic in Issues & Politics
Because as far as they are concerned, as they expressed in the filings, this no big deal, no need to litigate this out, because of COURSE they are not playing shell games/acting fraudulently with respect to Summit/Arrow, WV. They are not about to concede that "Well sure, maybe what we did was fraudulent. Let's let a judge decide." Deny. Deny. Deny. -
Chapter 11 announced - Part 3 - BSA's Toggle Plan
CynicalScouter replied to Eagle1993's topic in Issues & Politics
Hartford had an investors call. It was...interesting. Part 2, and the real humdinger -
Chapter 11 announced - Part 3 - BSA's Toggle Plan
CynicalScouter replied to Eagle1993's topic in Issues & Politics
BSA and JP Morgan filed their objections to some of the recent TCC/FCR/Coalition moves to go after Summit/Arrow, WV. BSA's effort to try and protect Summit/Arrow https://casedocs.omniagentsolutions.com/cmsvol2/pub_47373/79c9867a-f837-49ff-a8ab-562ce6c6dfdc_2733.pdf Arguing, in effect, that the BSA-Arrow relationship and shell game isn't "fraudulent". (Hint: When you try to hide assets by putting phony notes payable on something, it's fraudulent). JP Morgan 1 https://casedocs.omniagentsolutions.com/cmsvol2/pub_47373/48cdda3a-e13e-48de-80ed-a376c6676dd8_2732.pdf Arguing now i -
Are you kidding? Guide to Safe Scouting is crystal clear. Youth Protection and Adult Leadership Having threesomes at a Scouting event is explicitly, unequivocally a Youth Protection issue. It is also explicitly a violation of the Scouter Code of Conduct Again, let's be clear here: @Armymutt is claiming that
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I cannot tell you how many times I've been the one to tell Council and District level professionals about things from National. BSA's communications apparatus is just horrible and it has not gotten any better over the years. I'd even say it is worse, but that might be overselling the point.
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Chapter 11 announced - Part 3 - BSA's Toggle Plan
CynicalScouter replied to Eagle1993's topic in Issues & Politics
One possibility is Hanlon's razor: never attribute to malice that which is adequately explained by stupidity. But these are not stupid lawyers. So, let's assume good faith and a modicum of smarts here. 1) BSA is bleeding out and they want to avoid death by exsanguination. As such, they'll latch onto ANY deal or ANY agreement that gets them out of bankruptcy the fastest. If you ever took lifeguard training, it is the same thing. A drowning person will climb onto ANYTHING that elevates their head above water, even if that means trying to climb on top of the lifeguard. It is the logic i -
Chapter 11 announced - Part 3 - BSA's Toggle Plan
CynicalScouter replied to Eagle1993's topic in Issues & Politics
I am still thinking that BSA won't ever get its plan (global, toggle, whatever) out the door and that an alternative TCC/FCR/Coalition (or some combo) will be what ultimately gets sent out. -
Right, and that's my point. These are not really "executives" in the sense of C-level corporate office types. So OP's assertion that there were a lot of "executives" was something of an inaccuracy.
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I want to reiterate what others have said and that in fact is directly from the Youth Protection Training. It is not up to YOU to investigate or decide if there is/is not sufficient evidence. If you suspect something, you have to call 844-SCOUTS1 (844-726-8871) or email scouts1st@scouting.org immediately.
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Chapter 11 announced - Part 3 - BSA's Toggle Plan
CynicalScouter replied to Eagle1993's topic in Issues & Politics
BSA has now released its new solicitation plan (how will the various creditors vote). If you thought TCC, FCR, and Coalition was/were mad before, just wait. As you read it, remember Class 8 = Direct Abuse Claims. https://casedocs.omniagentsolutions.com/cmsvol2/pub_47373/88d65e3f-2adb-4828-aac7-021073afe799_2726.pdf 1) BSA wants this done by September 1. Let me just say that heck will freeze over and we'll be skating on the ice before that happens. Event Proposed Date Voting Re -
Chapter 11 announced - Part 3 - BSA's Toggle Plan
CynicalScouter replied to Eagle1993's topic in Issues & Politics
I mentioned previously this all started when Hartford refused to pay out on its insurance policies and BSA sued them in state court over it. Here's the original petition in that state action. It lists all the Hartford policies. Exhibit A lists the dates as 1971-1980. -
Chapter 11 announced - Part 3 - BSA's Toggle Plan
CynicalScouter replied to Eagle1993's topic in Issues & Politics
As for the $650 million Hartford deal, the TCC has come out in the press with its own estimation of how much Hartford should be paying: $8 billion at least. -
Again, let's look at it from the BSA lawsuit perspective. It is not uncommon to have a situation where an adult sexual abuser is "grooming" several kids, or perhaps is "grooming" the friend of the abuser's own child or even being a "friend of the family." There have in fact been convictions where the SM admitted the practice of targeting his son's friends, etc. So having a second child present but elsewhere in the house, or even another adult who is not YPT trained/mandatory reporter, doesn't work. And in this sense, I'll say BSA is not going as far as it could. For example, Rom
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The reason that 24/7 rule is in place is because when scouts were sexually abused it was NOT always during a scouting activity. It would be Scoutmaster telling a scout "come on over to my house and we can work on your rank advancement", etc. There have been people posting on this very forum that have in fact said that is how they were abused: by a scout leader in the leader's home/some non-scouting location. So, faced with the choice of a) writing a rule that limits Youth Protection Training/Guide to Safe Scouting to scouting events only b) writing the 24/7 rule, they went with the later
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There are a lot of people who are absolutely insistent that the LCs are fine and will come out of this AOK, as with National. Either they are being cheerfully optimistic or naive. Time will tell.