Is It a Great Time to Be in Stratford?
Among the many things said at a mayoral debate last week was the assertion by one candidate - the incumbent - that "it's a great time to be in Stratford."
Join the discussion below, or Read more at Patch.com.
#1 Oct 25, 2013
To the Editor:
State law requires the filing of accurate and timely Campaign Financial Reports to ensure a candidate is being transparent with who is donating to the campaign and where they are spending that money. Mayoral Candidate Joe Paul was required to file five of these reports since the start of his campaign. Three of his five reports had to be amended due to errors, of which two reports don’t balance and the last one has inaccurate numbers.
We are aware Bank of America fired Joe Paul for what court documents call “continued deficient performance,” and Joe Paul then sued Bank of America. Court papers show that Joe “believed he needed training in reading financial statements” and “The Bank did not provide training in …‘understanding financial statements….’”
The questionable “red flag” in Joe Paul’s campaign is he touts over 30 years of banking experience as his strong point, but the majority of his campaign financial statements are wrong, and half of his campaign financial reports don’t balance.
Joe Paul wants to handle Stratford’s $190 million budget but can’t accurately file a report for less than $10,000? Thirty years of banking experience and Joe doesn’t have the knowledge to interpret a financial report?
Joe Paul is quick to cry “lack of transparency” and for “efficiencies,” yet clearly his inaccurate financial reports give insight to his mayoral capability.
Four years ago the people of Stratford “fired” the last mayor for deficient performance. The last thing we need is Joe Paul turning back the clock.
Louis A. DeCilio
Campaign Manager, Harkins for Mayor 2014
#2 Oct 25, 2013
Mr. Paul alleges that he was offered the Client Manager job because he is African
American. Mr. Paul accepted the promotion offer, recognizing that it was an advancement for his career and entailed a pay
raise from $123,500 to $138,000.
Plaintiff’s claim that his job as Client Manager was different from the others’ has no basis since the
unrebutted record shows that Plaintiff’s replacement generated $2.862 million in closed
pipeline revenue in his first full year.
#3 Oct 27, 2013
In 1968, Joe began a 39-year career in banking, rising to senior vice-president of the Government Banking Division at Bank of America, Albany, NY. While managing a staff of 3,000 over two shifts, across 24 departments, he turned a failing operation to profitability in just two years. His high level project teams worked with the State of New York, City of New York, as well as the federal Government; his cost-saving initiatives attracted multi-million dollar service contracts, including a ten-year federal contract to design and implement an automated system to process tax payments for the U.S. Treasury Department.
Joe's success with federal, state, and local governments brought him back home as Senior Vice-President for Bank of America's Government Banking Business; he worked directly with the State Treasurer, State of Connecticut agencies, and various municipalities in Connecticut and Massachusetts. With his valuable private sector experience, Joe guided these clients toward products and services that increased government efficiency at all levels. After 39 years with Bank of America, Joe decided to come back to Stratford and give back to the town he has always loved. Throughout most of Joe's career, he also worked as a realtor for Fairfield County Real Estate, Katherine O'Connor Real Estate, and Property World USA, where he is currently a private contractor.
Then the records show he sued that very same bank he points to a his successful career?
"After 39 years with Bank of America, Joe decided to come back to Stratford" Really?
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