"Vice principal to quit amid finance probe" by Michele Morgan Bolton, Globe Correspondent | December 4, 2008
A Coakley Middle School vice principal who serves as treasurer of the Norwood School Employees Credit Union offered his resignation and was placed on paid leave this week as police and federal regulators launched an investigation into the credit union's finances....
A well-known former teacher, Shinnick resigned effective Dec. 20 and will continue to be paid until then.... As many as 250 custodians, groundskeepers, teachers, and other school employees use the credit union for savings, Christmas clubs, financial advice, and personal loans of up to $5,000. It has about $500,000 in holdings, according to its website....
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This just goes to show you that NO POLITICIAN or GOVERNMENT AUTHORITY is to be trusted!
