The below letter to Morgan Stanley's Board of Directors in the Fall of 2007 hastened the identification of a successor to John Mack as CEO; however, nothing meaningful was undertaken to correct the situation, thereby representing tacit approval of the collaborative unlawful activities by Morgan Stanley, with the assistance of Kirkland & Ellis. As a result, their malicious acts toward Mr. Young and his loved ones were only amplified.
Insiders said Mack was so enraged by this correspondence to the Board, he demanded to "do everything necessary to crush Spencer Young!", seeking favors from friends at Wachovia and Paragon Commercial Bank, who were Mr. Young's principal banking relationships for his investment properties, and even his buddy and board member, Erskine Bowles, who was then President of UNC - Chapel Hill. Unfortunately this entailed predominantly illegal activities including fraud, racketeering, extortion, sabotage, corruption and even assassination attempts as part of the cover-up. John Mack is an exceptionally evil man, as are those in North Carolina who helped him, and are commonly referred to as part of the "Mack Mafia", which is why North Carolina may be the most corruption-laden state in the United States.
Little did Mr. Young realize at the time . . . things would get so much worse-- eventually leading to Morgan Stanley's "murder" of Mr. Young's wife of 24 years, the fraud-laden grand larceny theft of Mr. Young's investment properties and the orchestrated utter dysfunction among family members.