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I agree it would be nice to Trust the board. But, we live in a real world, and personal agendas of Board members have almost ruined our building. And, because we began to REVIEW and QUESTION their decisions, in the last three years alone, we have saved ariybnd $100,000 by stopping work that the former Pres of the Board (and the man co) wanted to approve, but as it turned out -- was TOTALLY unecesarry.
The Forth Estate, as deemed by the founding Fathers of our nation -- is the Free Press. And with the Free Press we have Checks and Balances... And with our Emails (which were signed and there was no spying or whatever) or pititions, we became the Fourth estate in our building. With every layer the NEW board peels back, they find old problems that were never addressed. Avenues of revenue that were ignored for personal reasons or incompentence.
You are starting to sound like one of our Old board members who wanted to conduct secret meetings, keep the Board min secret and refuse to answer to any shareholder who questioned a decision or how THEIR money was being spent, and why a few Board members did not need permits for the renovations in their apartments.
No matter how much you may not like the Email Power, it was through Shareholders bonding together that we were able to change things.
ONE MORE THING: As for sneaking around and spying on the Board. We discovered that the IN-YOUR-FACE peition, and the signed, dated EMail Trail, was the best way to change things...As for finding people to run for the Board, after the Shareholders saw that we ould make a diffrienc, we have more than enough people running for the Board. And we replaced most of the old Board.
If the Board is honest, and doing the right thing, than they should have no problem with sending out min or talking with SH, or sending Email varification.
There was no Anarchy, secret spying or whatever else you seem to think we were doing. We were direct, straighforward and the more we found out, the more direct and straight foward we became. And because over 80% of the SH (and one major sponsor) bonded together, sent SIGNED Emals and pititions etc,,, it was hardly a Time of Terror.
The Terror was for the Board members who had been in charge for so long, seeing thier power and the SH apathy dissapear were the ones who were terrified.
We, the Shareholders of our building, took our building back, in a very open and honest way. And its now on the road to recovry. Why do you so object to this? We do trust our new board. And the new Board members, having been on the other side, know the value of transparency and Email verification. The Board also has to TRUST the SH. We are a group of professionals, who care about our investment.
I have very much appriciated the business-like exchanges of information on Habitat, and at this point dont see that this is a productive exchange of information or ideas, so this is my last response to you on this subject.
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AliceT
I'm sorry to give you my impression of a co-op whose mode of doing "check and balances" is based on e-mails of shareholders being manipulated by one or a reduced number of individuals who may have well founded or not so well founded information on what is going on:
Just simple ANARCHY!!!
Perhaps the tactic worked well to remove an ineffective board, but once done, the co-op has to grow and new boards have a need, if not an obligation to construct SOLID TRUST on effective business practices.
In other words, the TIME OF TERROR is over!
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