House of NAGE going to Wrack & Ruin?....Holway Emptying NAGE Coffer$?....

What's going on with NAGE Finances under Prez for life David Holway?
The net asset value of NAGE under Holway's Rule is dropping like a Stone!

Hey, you can say what you will about the late and mostly unlamented NAGE President and Founder Ken Lyons...

• that he was a megalomaniac mental case?....
  
• a bigot...
  
• an anti-Semite?....
  
• a serial practitioner of Nepotism with half his family "on the pad"
• .... a legend in his own mind.... Ole Kenny "the Challenge guy" (How I miss that vanity TV show of his...even though it was dues money paying for it .... watching him foaming at the mouth and spewing hatred and bigotry.... what a laugh.....)

.....well whatever.....  anyway, before Lyons got stabbed in the back by Holway, Farley and other SEIU/ACORN sniveling quislings....in their coup.... (so Holway could take over the legal racket NAGE has going of collecting millions in dues and providing next to nothing in services..)

........well old Kenny, he had run the NAGE balance sheet up to quite a respectable net worth.... around $12million

Looks like Holway has been taking out sub-prime mortages ....the way the net asset value has been dropping (driven by huge increases in Liabilities.....)

During Holway's  short reign  he has presided over a loss in "share value" that would even make the pirates at AIG look like prudent stewards...it even went negative by almost $1million in FY 2006!

Take a look for your self, at the spreadsheet below (you can download it yourself if you want)

I'll be posting more historical NAGE LM-2's in easy, convenient spreadsheet format for your viewing and downloading enjoyment

Here's a preview of coming attractions: