BrainKing - Diskusjonsforum (Chess variants (10x8))

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Chess variants (10x8)

Sam has closed his piano and gone to bed ... now we can talk about the real stuff of life ... love, liberty and games such as
Janus, Capablanca Random, Embassy Chess & the odd mention of other 10x8 variants is welcome too

For posting:
- invitations to games (you can also use the New Game menu or for particular games: Janus; Capablanca Random; or Embassy)
- information about upcoming tournaments
- disussion of games (please limit this to completed games or discussion on how a game has arrived at a certain position
... speculation on who has an advantage or the benefits of potential moves is not permitted while that particular game is in progress)
- links to interesting related sites (non-promotional)

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17. november 2003, 17:39:18

Grim Reaper

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I know for a fact the USCF has a balance sheet of -$2,000,000. I spoke with Grant Perks (can you imagine that is the name of a person seated in the Finance Committee of a failing non-profit??) about the situation, and I recently (one month ago) met with Stan Booz, one of the CPA's working with the USCF. We went over the books of the USCF and he identified the key areas that were the cause of all of its strife.

They spun off the Products & Services sector, an annual $3,000,000 revenue stream, to the highest of 10 sealed bids. They needed about $300,000 immediately in order to get their "Christmas Inventory" in place, which is why I was meeting with Stan.

Stan told me 17 people were let go to reduce the cost of the payroll, some waste/fraud/abuse was discovered by some former high-level officers who are no longer involved. And the "relocation project" where the headquarters was moving was a real nightmare, I will not get into that.

So, yes, things look bad for the USCF.