Mr_Creepy
Well-Known Member
Mr. Roland you have me confused. How can the William's be responsible for $30,000 living expenses?
Are you trying to say that the living expense money went in to the Willams' pockets? This would be news to me! I think it would be news to Key Loans as well!
And certainly, the Williams' are not responsible for any loan fees.
I have chosen to move on. We all can do the same.
You may be out $90,000, but the Williams' didn't get that money, or at least not all of it.
Your debt will be paid off eventually. They will be have that Chapter 7 liquidation and whatever else they get from the courts for the rest of their lives. I worked with Rob and Melissa for 11 months. I never saw a couple bust their collective asses to they extent they did to try and get interviews with regional airlines for their students. Rob was away from home schmoozing CEOs, pumping Chief Pilots with air, etc. Melissa was there working hard.
And during all this Rob was still a critically important member of the CRJ development team. He sat there 12 hrs a day when the technicians (who he paid to fly in from France) were there to repair that beast. Rob cared about quality. I know one was more disappointed at that shutdown than Rob Williams. I'm sure he has tremendous guilt feelings, and feels like he let a lot of people down, but I saw him leave on Thursday. He was down, down, down! He told me that the last bank had said no, and there was no financing available for the school. I said how much did he need? "A couple million, and now." was his response.
He and Melissa looked like someone had died, and I guess someone had. It was the Dream of having a successful life.
It's a tragedy that all the students dreams were damaged as well, but if you can tell me what else they could have done, then what?
Don't say give the students advance notice. That would have been suicidal. As soon as the rumor mill passed around anything about ATA having financial problems they would never get another student.
Don't say give money back. They didn't have it! It was already taken by collectors.
It was an ugly situation and I certainly learned from it.
Bad management? YES Bad decisions? DEFINITELY Bad timing? REALLY BAD. But bad people? I don't think so. I don't feel that they intentionally set out to bilk anyone or do anything criminal. At least not Rob and Melissa. I didn't have much to do with any of the others.
Are you trying to say that the living expense money went in to the Willams' pockets? This would be news to me! I think it would be news to Key Loans as well!
And certainly, the Williams' are not responsible for any loan fees.
I have chosen to move on. We all can do the same.
You may be out $90,000, but the Williams' didn't get that money, or at least not all of it.
Your debt will be paid off eventually. They will be have that Chapter 7 liquidation and whatever else they get from the courts for the rest of their lives. I worked with Rob and Melissa for 11 months. I never saw a couple bust their collective asses to they extent they did to try and get interviews with regional airlines for their students. Rob was away from home schmoozing CEOs, pumping Chief Pilots with air, etc. Melissa was there working hard.
And during all this Rob was still a critically important member of the CRJ development team. He sat there 12 hrs a day when the technicians (who he paid to fly in from France) were there to repair that beast. Rob cared about quality. I know one was more disappointed at that shutdown than Rob Williams. I'm sure he has tremendous guilt feelings, and feels like he let a lot of people down, but I saw him leave on Thursday. He was down, down, down! He told me that the last bank had said no, and there was no financing available for the school. I said how much did he need? "A couple million, and now." was his response.
He and Melissa looked like someone had died, and I guess someone had. It was the Dream of having a successful life.
It's a tragedy that all the students dreams were damaged as well, but if you can tell me what else they could have done, then what?
Don't say give the students advance notice. That would have been suicidal. As soon as the rumor mill passed around anything about ATA having financial problems they would never get another student.
Don't say give money back. They didn't have it! It was already taken by collectors.
It was an ugly situation and I certainly learned from it.
Bad management? YES Bad decisions? DEFINITELY Bad timing? REALLY BAD. But bad people? I don't think so. I don't feel that they intentionally set out to bilk anyone or do anything criminal. At least not Rob and Melissa. I didn't have much to do with any of the others.