Letter to the editor: More defense from man who ran Vermont telecomYour Jan. 1 article on the county board meeting Tuesday regarding National Public Broadband made a clear and honest effort to be even handed and fair.
Your Jan. 1 article on the county board meeting Tuesday regarding National Public Broadband made a clear and honest effort to be even handed and fair. This is greatly appreciated, especially regarding a project which some would like to kill for political reasons.
That said, I have one clarification and one comment:
- Status of the “Private Placement Memorandum” (PPM). You report that some have questioned its status and authenticity. The document you have was officially submitted to the Vermont Department of Public Service, by the City of Burlington in connection with a DPS investigation into Burlington Telecom (which is why the first page is labeled: “DPS BT Exhibit Response 3-35a”)
When Dan D’Ambrosio of the Burlington Free Press asked the city administration for the official Private Placement Memorandum that was sent to financiers (including CitiBank) in June of 2007, this is the document that was given to him.
Anyone who wishes to verify this can easily contact the Vermont DPS, Burlington City Treasurer or Dan D’Ambrosio of the Burlington Free Press.
- It was disappointing that you failed to make the single most important point regarding BT’s troubles, myself, NPB, and Lake County. It is hard cold fact that I left BT long before the trouble. Not only was BT in good shape when I left (as attested by the PPM), it continued so for a good six months to 12 months thereafter (as attested by the Chief Technical Officer Jeremy Patrie last Tuesday).
All of the “missing” $17 million disappeared after I left. Nobody blames Bill Clinton for the Iraq War just because he was Commander in Chief up to January 2001. Ditto for me and the missing money in Burlington.
Your article is lamentably vague on this fundamental point.
From Timothy Nulty, CEO, National Public Broadband