Dear oh Dear Mr. Yaghmour, with all due respect,
IANAL,
As HH said, it is CLEARLY STATED IN THE MOU that it WILL NOT BE
CERTIFIED BY NYU!
This statement was VERBALLY REPEATED at the Town Hall meeting by
Hultin The Brainless Traitor.
You have absolutely no clue about how the legal system works. First
of all, laws are meaningless without enforcement. Tell me about the
$10K that you are going to spend after the merger just to pay a lawyer
to file the papers JUST TO START a lawsuit to attempt to force NYU to
certify your degree. NYU can claim they lost the backup tape and POOF
your WHOLE ACADEMIC CAREER JUST DISAPPEARED!!!!! How do you feel now,
punk!?!?
I do not know if you realize it but the way things work is that those
with money get to do whatever they want, the laws be dammed e.g.
Ratner getting the state to use eminent domain to FORCE OUT landowner
for PRIVATE DEVELOPMENT (the Atlantic Yard debacle)!
With regards to your comment that this is just a changes of name just
like the previous incarnations of Poly, it still remained Polytech.
This is not a change of name, this is a takeover. Poly, according to
Hultin the Utter Fool, will no longer have a board of trustees
composed of former alumni, people in the industry, professors, and
whatnot. It will have a SINGLE ENTITY called NYU which will have 100%
control. The legal definition requirement of the NYU board will be to
do WHAT IS BEST for NYU. They have absolutely NO LEGAL OBLIGATION to
Polytech. In fact THEY MUST IN EVERY CASE DO WHAT IS BEST FOR NYU NO
MATTER HOW DETRIMENTAL IT IS FOR POLY.
BASICS OF LAW:
MERGER= TWO ENTITIES COMBINING TO FORM ONE ENTITY.
THIS IS NOT A MERGER. IT IS A TAKEOVER!
As far as I understand, The Poly Board will not become Part of the NYU
Board. Even if Hutlin The Scoundrel gets on the NYU Board as a token
gesture, it will still have a completely minority representation which
WOULD NOT protect the interests of POLY.
An example of a merger would be Carnagie Mellon (Carnagie Institute
and Mellon University). I do not see NYU renaming themselves New York
Polytechnic University.
Dammit, Mr. Yaghmour, before you open your mouth, think. Don't
pretend to know what you are talking about when you have absolutely no
clue.
Poly, like any institution, has an obvious self interest to ensure its
records. If people knew that there records were not going to be
maintained, that would be the end of Poly. So it is a matter of self
preservation.
NYU on the other hand, has stated that they will only maintain the
records of NYU Polytechnic Institute (the new NYU Poly). Why should
they dedicate resources (personnel and such) for alumni who are not
their responsibility.
Another thing you have to understand is about the endowment. The
endowment, whatever is left from the Chang/Hutlin rape and pillage, is
locked to the Poly name. However once Poly is completely controlled
by NYU its destiny is totally in their hands. They can completely
close the engineering components of Polytech and keep a major that is
profitable to them. Again, the NYU Polytechnic Institute of Social
Sciences can be given the entire endowment access and since it is
inside the same corporation as NYU, NYU can play amazing games with
money that all the financial resources are sucked out until it is just
a shell. Then NYU can give Polytechnic Institute a room or two in the
building (even a broom closet) and keep Polytechnic on a life support
system as such with no real activity (or indeed a comatosed vegetable)
or pull the plug and end this outrageous charade.
Of course NYU will have a FREE 60 story building site of a MILLION
square feet along with another site for 750,000 square foot building,
both zoned that they can put up CLASS A OFFICE BUILDINGS (think BIG $$$
$$) as described by Mordachai at the town hall meeting!
On Nov 17, 10:32 pm, Shafik Yaghmour <
yaghmour.sha...@gmail.com>