The 17 projects currently in progress are summarized below in alphabetical order. All were the result of, or represent a response to, the events of MorganStanleyGate, a scandal involving one of the "too big to fail banks" bailed out by Congress, having elements that bear similarity to Watergate. These projects will be completed in 2010, with the exception of Project Atlas, the full extent of which will be launched in 2011.
Important:YOU can play a role in the success of one or more of these projects, and in return receive a BIG PAYDAY with LITTLE EFFORT on your part. How? Read on.
Comedic Relief
As these projects pertain to serious matters with challenging issues, humorous videos are interspersed in the summaries below. This way, you will be entertained in lieu of being overwhelmed. This reflects Spencer C. Young's belief that life should be enjoyed, irrespective of the situation. And the circumstances necessitating many of these projects pertain to the behaviors of many people that are not merely hard to believe, they seem ludicrous and downright silly in an almost comedic sense -- as exhibited in the below skit.
This pertains to a revolutionary business paradigm developed by Spencer C. Young, taking the form of a fully integrated commercial real estate investment, finance and securitization business, with broad applicability to MOST forms of lending. It was a project whose launching was unlawfully thwarted by Morgan Stanley in 2004 in order to protect their CMBS franchise and to cover up the fraud perpetrated against Mr. Young two years earlier.
This merchant investment banking operation utilizes a flat organization structure, team decision making across all line functions, with the preponderance of employee compensation tied to the long-term transaction/investment performance, which vests only upon exit from of each investment position. In addition these compulsory investments (typically in the form of subordinate securities), they are also required to contribute their non-vested earnings toward innovative "below-the-radar" equity real estate investments -- prototypical examples of which are Project TPSoD and Project TCoCH, discussed below.
Importantly, had this form of banking been widely practiced in the subprime mortgage industry, the resultant economic crisis would have been averted and the bankers who pursued inappropriately risky deals would have been kept in check, and most certainly would not have received outlandish paydays for their colossal failures. This entrepreneurial business structure follows the tenets of free enterprise, and capitalism which rewards legitimate productive achievement, as espoused in the classic novel by Ayn Rand, "Atlas Shrugged", hence the project name.
2) Project CableInch
This project name is an acronym for Complicity, Artifice, Bad-faith, Libel and Equivocation In North Carolina's Heartland. The principal objectives focus on exposing and rectifying a truly astonishing number of transgressions perpetrated against the interests of Spencer C. Young in the Triangle Region of North Carolina, an area vectored by Raleigh, Durham and Chapel Hill. The transgressions include extensive commercial sabotage, a malicious smear campaign, numerous instances of fraud and widespread corruption at the municipal, judicial and law enforcement levels. In effect, this project addresses what is best described as the "sequel" to Project MEVEP, as the misdeeds carried out in North Carolina were principally intended to cover-up to the FRESCA crimes perpetrated in New York, in what is referred to as "the mother of all projects".
As noted in Projects Magic Stone and Goliath II & III (discussed below), Paragon Commercial Bank and Wachovia Bank wrongfully and fraudulently foreclosed on ALL of Mr. Young's North Carolina properties, including his residential condominium. Accordingly, a key objective of this project is the swift reversion of recorded ownership title back to Mr. Young and his affiliated companies. Since the foreclosures were ALL predicated on fraud, title never passed to these banks in these obvious and highly orchestrated illicit foreclosures. Upon lawful reversion, the prototypical redevelopment work in Project TPSoD and Project TCoCH will continue, with funding provided through Project White Knights.
Mr. Young has long contended being subjected to widespread corruption, employed to perpetuate the cover-up of unlawful activities sponsored by Morgan Stanley; however, others may (incorrectly) attribute the astonishing lack of responsiveness by public officials to a failure to communicate, an example of which is portrayed in the classic "Who's on First?" sketch.
This project involves the deft use of press releases to reveal the extensive fraud perpetrated against Spencer C. Youngand his interests, as well as expose those responsible. Moreover, press releases will be used to announce positive, and uplifting undertakings which Morgan Stanley and its operatives have expended significant resources trying to suppress.
This initiative will help set the record straight with regard to Mr. Young's investment banking career successes and his reputation as a successful commercial real estate investor -- simply put, this project seeks to disseminate "the Truth" and directly respond to attacks on Mr. Young's personal character and professional reputation, which were affronted by the malicious smear campaigns sponsored by Morgan Stanley. In addition to issuing widely distributed press releases, interviews will cooperatively granted to the media in general and to the extent feasible, support will be provided to select activism groups germane to the causes Mr. Young is pursuing. As many of the noted projects are interdependent, this project will also entail the development of a media strategy with one or more public relations firms, pursuant to Project Phoenix.
The contemplated press releases may appear to be mild-mannered reports; however, in the context of furthering Mr. Young's initiatives, they will be disseminated in a manner that will effectively carry super powers in their effect -- hence the Project name.
4) Project Goliaths II & III
The objective here is to regain title to The Courtyard of Chapel Hill (see Project TCoCH). The Goliath Banks for which this project is named are now the same bank. This is because Wachovia Bank ("Goliath II") had mismanaged its business so profoundly, it became insolvent in 2008 (i.e., it suffered losses so severe that its debts exceeded its assets). And after laying off tens of thousands of workers, Wachovia was subsumed into the banking operations of Wells Fargo Bank ("Goliath III"). Wells Fargo was a similarly mismanaged and insolvent financial institution; however, it was deemed "too big to fail", so it received bailout monies from Congress in order to survive.
After being thrown a $25 Billion lifeline in taxpayer monies, this recombined institution, referred to here as "Goliath II & III" then proceeded to forge ahead with a fraud-procreated foreclosure of The Courtyard of Chapel Hill. In response, reversal of this fraudulent conveyance will be sought through the expedient return of recorded title to and control of the subject property to Mr. Young's affiliated company, so that the planned redevelopment work can be completed.
It is ridiculous to believe Congress saved the banking industry (a/k/a "Wall Street") with taxpayer monies, so they could defraud and persecute the very tax payers who bailed them out -- about as ridiculous as the Silly Olympiad depicted below.
The objective of this project is to bring about long-elusive harmony among the members of Spencer C. Young's extended family, who have had to suffer the consequences of the malicious and unlawful acts of Morgan Stanley, and later those of Wells Fargo (through its Wachovia subsidiary) and Paragon Commercial Bank -- all of which were carried out pursuant to the sponsorship and direction of Morgan Stanley and the law firm of Kirkland & Ellis.
The byproduct of the overwhelming chronic stress thus caused has been widespread dysfunction throughout Mr. Young's extended family, which is parodied in the below scene from Family Guy.
6) Project Magic Stone
The primary order of business in this project is the prosecution of Paragon Commercial Bank, together with their attorneys at Poyner & Spruill, and any others who played a complicit role in the fraudulent and wrongful orchestrated foreclosures on four properties owned by Spencer C. Young and his affiliated companies -- Including the condominium where Mr. Young resided with his fiancee and toddler son, and from which they were forcibly evicted. Specifically, Paragon and Poyner & Spruill collaborated to fraudulently foreclose on mortgages that were NEVER delinquent, absconding with monies held on deposit and then wrongfully intercepting ALL of Mr. Young's income. In addition to criminal fraud, these acts are felonies of grand larceny and embezzlement. Moreover, they prevented Mr. Young from engaging legal counsel by threats and payoffs, which is a denial of due process and an obstruction of justice.
Collectively these misdeeds represent the most brazen mortgage fraud ever perpetrated by a bank against an individual, which was carried out in a manner suggesting they believe they are above the law. And it gets better -- the respective Board of Directors and Senior Management Committee were apprised of these atrocities . . . and did nothing. This indicates tacit approval of both firms engaging in unlawful activities. The noted crimes are so blatant and readily proven, they represent not merely a stone, but a "magic stone" capable of felling many "Goliaths" in one shot. The "David" in this matter (Spencer C. Young) intends to use his metaphorical slingshot (i.e., carefully developed evidence) to not only prosecute and seek compensatory and punitive damages from these firms, but set the stage for plea-bargaining in order to prosecute those involved at the various other "Goliaths", including the kingpins behind it all -- to wit, Morgan Stanley and Kirkland & Ellis.
Importantly, the notion of a bank foreclosing uncontested on someone's home and then forcibly evicting a family, including their toddler, on a mortgage that was NEVER late, and paid in full should make Americans sick to their stomach -- as detailed at www.TWSYF.com, and parodied in the video below.
7) Project MEVEP
This is "The Mother of All Projects" because ALL other projects emanate from this one. Its principal goal is to expose "The Truth" of what is MorganStanleyGate and receive long overdue recompense for the audacious fraud and ensuing atrocities carried out by the collaborative sponsorship of Morgan Stanley and Kirkland & Ellis. The project name is an acronym for a latin aphorism: " Magna Est Veritas Et Praevalebit ", which translates to "Truth is Mighty and Shall Prevail".
The importance of this matter is evidenced by its possessing following elements: (1) Duration - It has been ongoing since November 20, 2002; (2) Dependence - The success of all current and future projects hinge upon the success of this one; (3) Incredulity - Taken together, the anecdotal events are so astounding, the matter at hand seems unbelievable, while every bit of it is true; (4) Complexity - The breadth and scope is vast, because of the amount of money involved and the individuals who are responsible for the many transgressions, and therefore many affiliated websites have been established to properly explain and provide invaluable context to "what's really behind it all"; (5) Amplification - Significant pain and suffering have already been experienced by many, and should this project fail, the horrors could be even more unimaginable for many people as these monsters will only become more emboldened to continue their reign of terror on others; (6) Importance - This project possesses far-reaching implications, such that its success could positively impact many, many others; and (7) Rationality - Success of this project will affirm the notion of rationality on a large scale, and reinstate hope in many. Extensive additional information is revealed at www.mevep.com.
One of the more common strategies Morgan Stanley employs in smearing targeted former employees is to circulate misinformation to convey an impression that their "target" is difficult and argumentative (as in the sketch below), and trying to ameliorate the reputational damages thus caused can be like trying to "un-ring a bell".
The primary objective of this project is to regain the dignity sullied by the Smear Campaigns against Spencer C. Young, which were carried out in New York and North Carolina -- all sponsored by Morgan Stanley and Kirkland & Ellis. And in order for Mr. Young to rise from the "ashes of reputational ruination", the many vicious falsehoods circulated to destroy Mr. Young's reputation need only be combated with the Truth, corroborated by irrefutable evidence.
To achieve this objective, one or more savvy, competent and a non-conflicted public relations firms of high integrity will be employed. And to prosecute the claims of slander and libel, the services of one or more law firms with relevant expertise, a strong track record of success, and a noted reputation for aggressiveness will be engaged pursuant to Project Pit Bulls.
9) Project Pit Bulls
This initiative entails the engagement of aggressive and accomplished attorneys whose integrity is beyond approach, so that they may prosecute the many claims of Spencer C. Young and his affiliated companies.
The dollar amount of the civil claims are substantial, and encompass such matters as employment-related fraud perpetrated by Morgan Stanley; the lender liability claims against Paragon Commercial Bank and Wachovia Bank; rent collections claims against monied tenants, negligence claims against property managers, and a range of other civil claims. Assistance is also being sought from legal counsel to ensure the timely criminal prosecution of those who have played a direct or complicit role in the perpetrated FRESCA crimes.
As an astonishing number of attorneys have compromised their ethics to undermine Mr. Young's legal position and deny him his rights to due process, you would think Mr. Young would construe "an ethical attorney" as an oxymoron. This is NOT the case -- there are many competent attorneys of the highest integrity -- and Mr. Young seeks to find and engage them, which will be made possible through Project Politico (discussed below).
10) Project Politico
This is the Project that offers a BIG PAYDAY to YOU.
This project uses a proven technique to initiate an expedient and widespread mobilization of resources necessary to achieve the goals of ALL 17 Projects. This methodology employs the use of social networks, such as Facebook and Twitter, and an incentive structure that requires little effort, promotes the sharing of helpful information and pays potentially significant money rewards -- and all you have to do is refer a professional or organization with the skill sets and resources capable of meeting the broad objectives of ANY project. Example referrals might include: attorneys, public relations firms, activists, news organizations, TV & Radio Stations.
And those referred who are hired or otherwise engaged do NOT have to achieve their stated objective in order for YOU to get paid -- although the money reward increases dramatically if they do. Any successful referral (evidenced by their being hired by Spencer C. Young or one of his affiliated companies) will qualify that person for participation in the pool of monies received by Spencer C. Young and his affiliates in pursuit of the various projects, such as collection of rent receivables, settlements, awards for damages, or obtaining financing. In the event such a referral pertains to reaching an objective that is not readily measurable (e.g., scoring a network interview to set the record straight), the person responsible for the referral that made this possible will still be paid a percentage of the monies received from other initiatives. Details will be announced separately.
And because the aggregate dollar amounts of claims are in the $hundreds-of-millions, the rewards paid out could be so significant, you just may reach a level of happiness as Dorothy from the Wizard of Oz demonstrates in the video below.
This initiative pertains to seeking recompense, damages and disciplinary action against demonstratively unethical attorneys who abused or otherwise violated the clients rights doctrine promulgated by most state bar associations in the United States. Project Politico and Project Pit Bulls will play instrumental roles in identification and engagement of legal counsel to sue for damages on the basis of legal malpractice. Another component of this project will be the instigation and pursuit of criminal investigations with state and federal law enforcement, as applicable.
The project name is derived from the tribunal established during the 15th century by King Ferdinand II and Queen Isabella of Spain, who employed aggressive tactics to ensure compliance with their interpretation of Catholic orthodoxy. While this is a secular matter, and Spencer C. Young is unaware of having any ancestral ties to royalty, inquisitions into ethical improprieties by attorneys will be aggressively pursued pursuant to orthodoxies of The Truth -- ergo, in the alternative, this project may be referred to as "The Spencer Inquisition", where the efforts employed and results achieved will stand in stark contrast to the hapless Spanish Inquisition parodied below:
The goal here is the return the personal and commercial credit ratings of Spencer C. Young and his affiliated companies to the "sterling" credit levels long enjoyed and diligently earned over decades of prudent financial management. For instance, Mr. Young's FICO score was 794 (note that a score above 750 is considered "excellent") before the malicious fraud was perpetrated against him. Mr. Young's credit ratings at both the personal and corporate level were sullied by the greed-laden unlawful actions and sponsored transgressions of Morgan Stanley, Wells Fargo (through its Wachovia subsidiary) and Paragon Commercial Bank, together with their respective partners-in-crime at Kirkland & Ellis, Nelson Mullins and Poyner & Spruill.
Rather than accept discounted pay-off amounts on balances due creditors, Mr. Young is insisting on honoring ALL legitimate balances, and will pay them IN FULL, together with accrued contractual non-default interest. In consideration, Mr. Young asks those creditors to assist him (in a manner which will be specified in a variety of ways, on a creditor-by-creditor basis) in the pursuit of his myriad of civil claims against others.
13) Project Stewie
This project pertains to the collection of over $2 million in rent arrears payable to Spencer C. Young's affiliated companies, another $10 million + in negligence claims from vendors, lender liability claims of $30-$100 million, and civil claims in excess of $600 million (including treble damages) from Morgan Stanley, a matter which has the potential of evolving into a class action lawsuit of a substantially greater amount.
The project name is derived from a cartoon character in the animated TV sitcom, "Family Guy". Specifically, there is a split segment where Stewie Griffin uses aggressive tactics to collect on a gambling debt owed to him by his dog, Brian. This is representative of how aggressive (figuratively, not literally ) Mr. Young will be in collecting the $millions owed to him, hence the name of this project.
14) Project TCoCH
This project pertains to the redevelopment of a fascinatingly unique property, known as The Courtyard of Chapel Hill ("TCoCH"), which is located on W. Franklin St. in downtown Chapel Hill, North Carolina, just off the University of North Carolina ("UNC")campus. It is comprised of seven interconnected one, two and three-story buildings forming a charming interior courtyard.
This property was fraudulently foreclosed upon by Wachovia while in the midst of significant redevelopment and re-tenanting, which was the result of an astonishing level of commercial sabotage and pervasive corruption at the local municipal, judicial and law enforcement levels, all of which was covertly sponsored by Morgan Stanley and Kirkland & Ellis.
Upon reversion of title to Mr. Young's affiliated companies, it is envisaged the redevelopment will be completed to become a vibrant community gathering spot for dining and entertainment, featuring merchants offering: (1) diverse international cuisine (formal, casual and takeout); (2) diverse cultural enrichment (e.g., art galleries, thematic musical events); and (3) self-improvement services (e.g., yoga/pilates, grooming, interpersonal skills training, executive coaching). This redevelopment entails a substantial "re-branding" from a once tired and dilapidated mixed use property, which lacked an identity to an exciting "feel good" destination property that transforms into something quite different from one day to the next based on the variety of thematic events that will be held there. More information can be found at www.tcoch.com.
15) Project TPSoD
This project involves redevelopment of a specialty retail mall located at the northeast corner of the intersection of NC Highway 54 and NC Highway 55, off exit 278 of Interstate 40 in Durham, North Carolina. It is just outside of the renowned Research Triangle Park, a 7,000 acre office park supporting the research & development operations of 140 of the world's largest companies. This project entails a "re-branding" from what was Triangle Village Auto Mall to The Pit Stop of Durham ("TPSoD").
Let's face it, America will never end its love affair with cars, nor its yearning for tasty foods. In response, this unique property offers a range of automotive services and a variety of food & beverage options, so patrons can come by for a "pit stop" for their cars, for their own culinary desires, or both. For more information, please visit www.tpsod.com.
An important part of Projects TCoCH and TPSoD is the collection of rent arrears, which amounts to over $2 million at this point, and was part of the commercial sabotage perpetrated against Spencer C. Young's interests. Attorneys involved in this diabolical scheme advised their clients (who were tenants at Mr. Young's commercial properties) if they withheld their rent, it would be arranged such that they would never have to pay -- the below parody about an aggressive landlord seeking past due rent is relevant:
The name of this project is an acronym for the biblical reference "Truth Will Set You Free", and is the name of the website that pulls all the pieces of the MorganStanleyGate puzzle together, and outlines the very simple, but effective approach toward revealing the Truth, for once it is finally revealed, and those responsible are brought to justice, and the nightmare will finally end.
Importantly, those who have been long victimized by the shackles of prevarication shall finally be set FREE -- hence the website name. For more information, go to www.TWSYF.com
17) Project White Knights
The objective of this project is to raise capital to fund the above initiatives.
One of the first orders of business will be reinstating sufficient liquidity for working capital and to finance the take-back of properties unlawfully foreclosed upon. Moreover, meaningful assistance will be sought through the engagement of professionals germane to the various projects, and others willing to support these initiatives, and in a position to do so ("White Knights", if you will) -- this way the Black Knights (i.e., the noted banks, attorneys, public officials and others) responsible for the various transgressions, will be lawfully rendered incapable of continuing their insidious practices.
A video of a White Knight rendering an evil Black Knight incapable of causing harm to others is presented below.
