Pervasive Prevarication by a Typical "Carolina LIAR"

The below email was circulated on March 14, 2011 to roughly 500 people who know or know of Leah Krier.  It is reproduced here because it is representative of an astonishing phenomenon that is readily observed by anyone who visits the Triangle Region of North Carolina for any length of time and interacts with general populace there . . . and that is that NO ONE TELLS THE TRUTH.  And sadly it seems those who are associated with Leah these days are over-the-top prevaricators, as evidenced in my exchange on Facebook (below) with Leah's friend, Leslie Crabtree.

It's rumored the Saturday Night Live "Pathological Liar" character developed by Jon Lovitz was inspired by his visits to the heartland of North Carolina.  And there is rock / pop band growing in popularity called Carolina Liar.  The guitarist and lead singer is from South Carolina, suggesting this lack of "truthiness" is pervasive throughout the Carolinas, and native South Carolinian Stephen Colbert has developed quite a following (the Colbert Nation) who feed off his sarcasm after catching prominent individuals in self-contradictions and lies.  Notwithstanding, this phenomenon in the Triangle region of North Carolina is really quite remarkable to behold and it would appear comical if so many lives weren't turned upside down by such a pervasive existence of bull-shit artists.

In the more than 60 false and disparaging articles about Spencer C. Young appearing in the local newspapers of the Raleigh-Durham-Chapel Hill area, a list of 25 BLATANT LIES that were repeated over-and-over have been compiled and refuted with the truth.  In fact, there is so much bull-shit contained in these articles, the numerous falsehoods are measured against a "Manure Meter" which measures how false a reported fact was on a scale of 1 to 10.  Click here for further details and note that the manure meter is reproduced below:

Here is the earlier referenced email and exchanged messages with Leslie Crabtree on Facebook:


- - - - - - - - - - - - Original Message - - - - - - - - - - - - - -
Sent: Mon. Mar. 14, 2011



This email addresses bold prevarications and misrepresentations from one of Leah's closest friends, Leslie Crabtree.  Our recent exchange on Facebook is reproduced below, where her lies are exposed . . . for as the saying goes: "Silence is fraud's best friend, word of mouth is fraud's worst enemy, so I'm passing the word on".

It also bears reminding you are receiving these emails for one reason only:  Leah filed a bogus paternity petition filed by (in my opinion) an incompetent or unethical attorney (click here to see my letter to Jane Isern of Brown Carpenter & Isern (in Great Bend, KS), articulating my rationale for such an assessment).  And since there is legitimate uncertainty concerning whether I am in fact Jackson's natural father and Leah has kidnapped Jackson for over a year, I indicate having three sons in point # 7 (below).

Circulating these emails is not something I wish to do, as I am in the midst of reclaiming ALL that was stolen in the worst instance of bank foreclosure fraud in U.S. history.   Notwithstanding, I must treat those who engage in activities disruptive to this pursuit (even if unwitting) as complicitors with fraud, racketeering, extortion, sabotage, corruption and the like . . . and of all people, Leah should know better.

Importantly, once her bogus petition is withdrawn, and Leah's disruptinve and criminal acts cease, these expositive emails will no longer need to be circulated.  To hasten this eventuality, please contact Leah and urge her to act accoringly.  She can be reached at 919-357-3575 (by phone or text message) and atblueskygirl2u@aol.com and leah.krier@airwis.com (presuming she remains employed after the investigation of her embezzlement of US Air beverage sales is completed).


Sincerely,

Spencer

FAQ - LAW # 2: Why did the attorneys Mr. Young hired ALWAYS resign prematurely?

Prior to 2007, no attorney ever resigned from representing Mr. Young and his interests in any matter prior to its conclusion, a track record which spanned OVER TWO DECADES. 

The parade of resignations that suddenly occurred in 2007 and thereafter were ALL orchestrated by by Kirkland & Ellis on behalf of Morgan Stanley pursuant to a series of tactics Kirkland & Ellis is notorious for employing in tandem with Morgan Stanley. 

This manifestation became more pronounced when the fraudulent foreclosures by Wachovia and Paragon proceeded uncontested for NOT a single attorney in North Carolina would represent Mr. Young and when this was brought to the attention of the NC Bar Association, the NC Dept. of Justice and the NC Banking Commission among others, THERE WAS NO RESPONSE, and subsequent follow-up was met with creative forms of continued evasiveness . . . evidencing profound C-O-R-R-U-P-T-I-O-N, which resulted in the orchestrated destruction of Mr. Young's career and grand larceny theft.

FAQ - LAW # 1: Why did the courts always rule against Spencer C. Young?

Prior to 2007, NO court in ANY jurisdiction ruled against Spencer C. Young or ANY of his Corporate Entities, which is a track record spanning more than two decades of owning and managing commercial real estate investments, as well as in corporate finance and investment banking. . . and this is something few others can claim.

And ALL rulings thereafter were result of undue corrupt influence exercised in the MorganStanleyGate scandal. This was a manifestation of the ongoing cover-up engineered by Morgan Stanley and Kirkland & Ellis entailing: (1) obstruction of justice; (2) widespread corruption; (3) denial of due process; and (4) the effects of malicious smear campaigns in New York and North Carolina.

In summary court rulings began going against Mr. Young in 2007 because:

• In New York - The employment law attorneys engaged to prosecute Mr.Young's mounting claims against Morgan Stanley were paid off (via barter) to NOT prosecute his case, and then abruptly resign for spurious reasons.  Moreover, NASD officials were similarly corrupted to abruptly dismiss his case (on fraudulent grounds) before it could be heard.  And Mr. Young's case was cleverly dismissed "without prejudice"; which means the sudden dismissal could not be challenged; however, it could be re-filed and eventually heard, albeit another 3 to 4 years later . . . but you can be sure the same nonsense would be carried out henceforth.  The Magna Est Veritas Et Praevalebit website has details on how this was done and the firms involved, most notably the "How It's Done" section and the "NASD" section;
  
  

• In North Carolina - In a notably similar fashion, the prestigious law firms Mr. Young engaged abruptly changed their level of service when the instances of commercial sabotage began in 2007.  Each firm promised to aggressively collect the sudden emergence of rent arrears, and file claims against and enjoin others who were deliberately trying to commercially sabotage and economically undermine Mr. Young's commercial real estate investments in North Carolina.  NOT ONE law firm accomplished ANY of the projects they were mandated to handle and each suddenly resigned without warning at a time most compromising to Mr. Young's interests.  In response, Mr. Young sought to protect his properties from foreclosure by filing managed Chapter 11 petitions for the respective corporations that owned the properties, a series of bankruptcy law firms were engaged.  And each bankruptcy firm similarly resigned for entirely concocted reasons, eventually getting to the point that NO ATTORNEY IN NORTH CAROLINA would represent Mr. Young's real estate interests.  And since EACH of Mr. Young's real estate properties in North Carolina were owned by a corporate entity (including his live/work Meadowmont condominium in Chapel Hill) the foreclosures proceeded uncontested, because NORTH CAROLINA ("NC") LAW REQUIRES ALL CORPORATIONS BE REPRESENTED BY A DULY LICENSED NC ATTORNEY. There is a lot more to this, but you get the picture in the context of the question posed.  The detailed indictment filed against Paragon Commercial Bank (whose misdeeds were carried out at the behest of Morgan Stanley), articulates how this was carried out.

So the reason why Mr. Young's pristine 21-year track record of owning and managing commercial real estate without an adverse court decision suddenly reverted to ALL loses was ENTIRELY ORCHESTRATED BY FRAUD AND CORRUPTION . . . ALL of which stemmed from the MorganStanleyGate scandal, and the tandem of Morgan Stanley and Kirkland & Ellis have a long notorious history of obstructing justice and denying due process.

FAQ - FIN # 5: Why doesn't Mr. Young just get a job and support his family?

Mr. Young has a job.  He is CEO of Spencer C. Young Investments, Inc.

The current short-term corporate objectives are to regain the properties and assets stolen through fraud, racketeering, extortion, sabotage, corruption, and the orchestrated assassination of his career and livelihood by the collaboration of esurient bankers, unethical attorneys, corrupt public officials and unsavory others. The breadth and scale of the transgressions perpetrated against him is so large because the franchise value and reputations at risk from those who have participated in the cover-up is significant and numerous.

The notion of giving up and allowing such a malicious attack to succeed should go against the grain of every American, and allowing such bullies to succeed at something so dastardly is out of the question, for doing so will only further embolden these bastards to carry out their evil misdeeds against others.

And those loved ones who suffered most from this scandal-borne travesty are those who withdrew their moral support from Mr. Young, which in turn emboldened Mr. Young adversaries to continue their attacks with brazenness.  In other words, had they not given up on him, they would have never suffered such a precipitous decline in their standard of living that they have.

Notwithstanding, Mr. Young has unconditional love for each of his loves ones.  Therefore, upon regaining his wealth, Mr. Young intends to provide them with at least the same standard of living they were accustomed to before they were impacted by the effects of MorganStanleyGate . . . but they must be able to sincerely acknowledge their errors in judgment, and be truly contrite for their past reprehensible and debilitating behavior toward Mr. Young.  

FAQ - FIN # 4: Why was Mr. Young so fiscally irresponsible?

He isn't now, and NEVER was.

The answers to the FAQs in FIN # 1 through # 3 above evidence Mr. Young to be a conservative expert in finance, who exercised prudence throughout his professional life, extending nearly three decades -- and was fraudulently interrupted by the transgressions of MorganStanleyGate.

That such a question could EVER be asked about Spencer C. Young reveals how dangerous those responsible for MorganStanleyGate are to the general public -- for if a nightmare such as this could be brought about so quickly and in such a devastating manner . . . it could happen to nearly ANYONE.

FAQ - FIN # 3: Why did Mr. Young over-leverage himself with debt?

Mr. Young  did NOT over-leverage himself. 

Virtually ALL of his properties were financed to be at no more than 50% loan-to-value ("LTV"), which is a conservative and prudent degree of leverage, especially given his access to millions in liquidity. His residence in Manhasset, NY was worth $1.2 million and had no mortgage -- and when he later expanded the living area by 25% and renovated the entire residence, the mortgage was $600,000 making its value $1.8 million or 33% loan-to-value. 

He purchased his Meadowmont condominium with ALL cash, and when he financed out equity (for redevelopment work), it was 50% loan-to-value. When he purchased The Pit Stop of Durham, it was done so at less than 50% loan to purchase price, and his purchase of The Courtyard of Chapel Hill reflected significant upside such that its stabilized LTV was to be less than 50%

Had Mr. Young not been subjected to the extensive MorganStanleyGate cover-up transgressions in NC, his net worth of $46.5 million would have reflected an aggregate loan to value of roughly 20% . . . hardly highly leveraged by any measure.

FAQ - FIN # 2: Why does Mr. Young have no credit and is unable to get a simple credit card?

Mr. Young is Ivy-league educated with a Masters degree in finance, started his career at a Big 8 accounting firm, and is a licensed Certified Public Accountant.  He had ALWAYS been fiscally prudent, and maintained an exemplary personal credit standing for decades -- in fact, he had maintained an "excellent" personal FICO score of 794 five years into the MorganStanleyGate scandal -- in other words, his credit record continued to be spotless five years AFTER Morgan Stanley's employment fraud had commenced and he was prevented from regaining comparable reemployment.

In fact, he would have readily maintained his superior credit standing had it not been for: (1) extensive commercial sabotage of his NC properties; (2) the outlandish smear campaign in NC; (3) the conspired reneged financings by Wachovia and Paragon; (4) his wife's dramatic increase in her spending (instead of cutting back); (5) his wife's delay in selling their residence in New York; (6) his wife taking out credit cards in his name without his knowledge and racking up over $40,000 in charges; and (7) his wife filing for divorce when the sabotage and smear campaigns were amplified. As a result the 794 FICO score plummeted to 583 ("poor").  Accordingly, a bonafide expert in finance and accounting with a net worth of $46 million, and a consistent seven figure income was suddenly unable to get a simple credit card, and a local NC bank refused to open up a simple checking account for him.

Notwithstanding Mr. Young intends to resolve MorganStanleyGate and expose those responsible for this astonishing fraud, regain ALL that was stolen, and ensure all legitimate claims are paid in full and that his high personal credit standing is FULLY reinstated.

FAQ - FIN # 1: Why was Mr. Young unable to get a job after Morgan Stanley fired him?

Shortly after Mr. Young was surreptitiously included in a firm-wide downsizing, he had job offers from JPMorgan Chase and Goldman Sachs, which mysteriously disappeared. With a team of client executives who helped him create the IQ® franchise, he had offers to join Barclays Capital and Allied Capital -- and yet again those offers were withdrawn without explanation.

It was later learned Morgan Stanley was responsible, motivated to protect the IQ® franchise Mr. Young had created.  As perhaps prophetic justice, those principally responsible for these malicious actions (John Westerfield and Anthony ["Tony"] Tufariello) were later fired for having caused over $10 billion in residential sub-prime mortgage losses, which nearly ended Morgan Stanley as a going concern.

The third person involved in this scheme (Warren Friend) was eventually fired, and shortly upon arriving at Deutsche Bank, he was fired and the entire real estate advisory business he was hired to run was shut down, no doubt due to the realization that Mr. Friend's entire career was predicated on fraud.

FAQ - FAM # 5: Why are Mr. Young's adult sons estranged from him?

Mr. Young's three adult sons (Michael, Kevin & Ryan Young)  have been FALSELY led to believe he abandoned them, when nothing could be further from the truth. 

In having his wealth STOLEN through an elaborate BANK FORECLOSURE FRAUD and GRAND LARCENY, and having been UNLAWFULLY deprived a livelihood (simply because he created a highly valued proprietary CMBS franchise on Wall St. (the IQ® franchise), Mr. Young has been ILLEGALLY prevented from providing the lifestyle to which his sons were accustomed and raised in.

Although their communications have been predominantly one-way, Mr. Young will NEVER abandon his efforts to regain the once close, loving relationship they all shared -- for he deeply loves and sorely misses each of his sons -- and they very much NEED him . . . and this includes Jackson, the youngest of his four sons, who was born to Mr. Young's fiancée, Leah Krier in 2008.

FAQ - FAM # 4: Why did Mr. Young default on his Divorce Settlement Agreement?

The default was a treacherously orchestrated fraud carried out by Paragon Commercial Bank at the secret behest of Morgan Stanley. Mr. Young's banker at Paragon, Martin Borden was provided copies of the Divorce Settlement Agreement ("DSA") during negotiations, and throughout such discussions, Mr. Borden provided ongoing assurances that Paragon would deliver on financing the key provisions of the DSA

It is noteworthy to point out that the estrangement Mr. Young had with his three adult sons had ended with the execution of the DSA in January 2008, and the four of them were well on their way to reestablishing the close bond they had prior to MorganStanleyGate.  However, by Paragon's defaulting on their commitment to make good on their financing, Mr. Young could not possibly make good on the financial provisions of the DSA.  This instance of treachery is why such an act was believed to be more heinous than murder in Dante's "Inferno", the third in his classic trilogy, "Divine Comedy".

Notwithstanding, once this agreement was executed, Paragon reneged with malicious intentions -- albeit right out of the Morgan Stanley / Kirkland & Ellis game plan book., and eventually became the foundation upon which the eventual multi-faceted foreclosure fraud was based.

FAQ - FAM # 3: How could Mr. Young divorce his wife after she was diagnosed with cancer?

He didn't.  Mr. Young's wife was unaware of her medical condition, and showed no symptoms until AFTER their divorce was completed -- and the full extent of the gravity of her condition was not known until well after their divorce was finalized.

It is a well-known medical fact that chronic stress can severely compromise a person's immune system, and if efforts are not actively undertaken to mitigate (e.g. through exercise or laughter) or otherwise confront it in a productive manner (e.g., using it to meaningfully change what you don't like in this world, and in a manner which will benefit many others) -- then physical maladies can surely manifest. 

In the context of there being no prior family medical history, it is Mr. Young's opinion that the stress of MorganStanleyGate not only caused the divorce from his wife of 24 years, but led to her pancreatic cancer -- and in effect, due to the premeditated nature of this scandal, those involved in causing and perpetuating it were complicit to, at the very least, an attempted murder -- for what began as an effort to assassinate a career and reputation. eventually became much more than that.

FAQ - FAM # 2: Why did Young divorce after 24 year marriage?

Spencer and Maria Young were happily married for over two decades; however the sudden demise of their marriage was entirely due to the unrelenting stress caused by MorganStanleyGate -- in other words, without question, they would have remained married for the duration of their lives had Morgan Stanley and Kirkland & Ellis not instigated and sponsored such an overwhelming scope of evil actions.