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Old April 2nd 07, 04:40 PM posted to rec.games.chess.politics,rec.games.chess.misc,soc.culture.magyar,rec.games.chess.computer,alt.chess
samsloan
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Posts: 9,307
Default Polgar Opening Secrets agreement

Quote:
Originally Posted by Brian Lafferty
Correct me if I'm incorrect, but I make the
value of this five year agreement to be $30,000. Would this need to
be approved by the Executive Board as the contract value is over
$10,000? If that is the case, was this agreement approved by the
board?

I note that Frank Nero is listed as a Trustee of the Susan Polgar
Foundation on the foundation's initial Federal Form 990EZ filing for
the year 2003, shortly after this agreement was entered into on
September 19, 2002. Cozy relationship, IMO. Proper agreement?
No. This agreement was NOT approved by the board. However, the board
found out about it within a few weeks. It caused a relatively minor
flap compared with the subsequent secret deals between Polgar, Truong
and Niro that the board knew nothing about.

The subsequent deals which the board had no idea about until after
Niro disappeared caused much bigger problems, especially the March
2003 "Four Way Contract" involving the Woman's Olympiad Training
Program. After Niro left office, Truong demanded payment in the amount
of $50,000. I posted that contract a few weeks ago.

Then there were the deals Niro made with Polgar to pay her $2500 to
give a simultaneous exhibition at the Newburgh Rotary club, to pay her
$2 per player for appearing at a National Scholastic Event in
Nashville and to pay her for attending a delegates meeting in Los
Angeles in August 2003. These is no paper trail on these deals. As
noted previously, nearly all the financial records from that period
have been lost, misplaced or destroyed.

Any documents that remain would have been on that laptop computer that
was removed from the USCF's offices on August 20, 2003.

I assume that the September, 2002 letters that I have posted here were
obtained by Lucas from Mr. Truong. Mr. Lucas emailed them to the board
on January 23, 2007. Bill Hall did not have the documents and Lucas is
relatively new, so he must have obtained them from Truong. Of course,
we have no way of knowing whether there might be other documents that
have not been produced yet.

Sam Sloan

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