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Conley Responds To Allegations In Paper

| October 13, 2009, 11:37 AM | 5 Comments

Conley Fires Back At Capital

Jim Conley, allegations made by Capital exaggerated.

Jim Conley, allegations made by Capital exaggerated.

Republican Aldermanic Candidate, Jim Conley has released a statement regarding the allegations against him which were made public on Saturday.  The Capital (who initially reported the allegations) is meeting with Conley this afternoon for a follow up article.

In his statement, Conley soundly refutes many of the allegations and comes forward (as he had on his website prior to the article in The Capital) about the financial downfall of his business.

As we have said many times, local politics is more about beauty(figuratively) than brains, and we elect our leaders based on their popularity.  Does Conley have the homeward support to pull this off? Is the explanation enough?

The full details of Conley’s release can be found after the jump.

I would like to address the misrepresentation of my past personal situation in The Capital Gazette’s article written by Joshua Stewart dated October 10, 2009.

There is a lawsuit mentioned in the article, which is the diamond mine in Ghana, West Africa. I have been dismissed from this suit. It is frivolous and libelous.  The plaintiff entered our investment group by his own accord as a 5% partner with a simple written agreement. There was NO agreement (written or inferred) as to when there would be returns on investments.  It was a simple agreement to buy 5% of the group, no more, no less.  The corporation continues to operate.  As we have not yet turned a profit, there are no returns.  The plaintiff  was very aware of this agreement.  In fact, we were approached by the plaintiff, as opposed to what the article stated.

To address my bankruptcy, my wife and I had saved our money to open our own mortgage company and live the American Dream of owning your own company.  We opened 3 offices in three different states and employed many people.  This came to a screeching halt with the financial crash and in retrospect as a business we expanded too quickly.  65% of our industry lost their careers and much more.  We depleted our savings and retirement accounts and the debts became insurmountable.  In the end, we declared bankruptcy at the advice of counsel.

Within the last year and years prior, I have been able to volunteer at St. Mary’s Elementary School, coach city youth football at P.A.L. Park and I am a Varsity football coach at St. Mary’s High School. In order to be eligible for this, one must pass a criminal background check by the Maryland State Police and Anne Arundel County.  I passed a financial background check by my employer and each time I apply for Power of Attorney and underwriting privileges, another financial check is required.  I currently have Power of Attorney to write up to $750,000,000.00 in Governmental Surety Bonds.  I believe if I have Power of Attorney to write this much in Governmental Surety Bonds, my financial background has been properly vetted.  I also believe that these corporations have sufficiently better resources to do a financial background check than The Capital.

As far as the residency issue, it is very clear.  I have lived at 306 Riding Ridge Road in Ward 5 for the past 7 months and most certainly registered in the required amount of time to be eligible to run for Ward 5 Alderman.

I love my City and chose to raise my family in Annapolis.  I had opportunities to “run”, “reinvent myself” and “take a job offer” in another state however, I have chosen to remain here in Annapolis to face the music.

My families’ past has been similar to many other citizens in this economic downturn that has affected Annapolis and the Nation.  Having our past difficulties put in such a public light has been quite a struggle.  Questions do need to be asked, but all of the information should be made public prior to judgments being made.
If there are any questions, you may call me directly @ 443-336-1382 or reach me on my website – conleyforward5 .com

Best Regards,
Jim

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Category: POLITICAL NEWS

About the Author - John Frenaye

John is the publisher and editor of Eye On Annapolis. As a resident and business owner in Anne Arundel County for nearly 25 years, he realized that there was something missing in terms of community news–and Eye On Annapolis was born in late spring 2009.

John’s background is in the travel industry as a business owner, industry speaker, and travel writer. In terms of blogging and social media, he cut his teeth with MSNBC.com.

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Comments (5)

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  1. Paul A. Richards says:

    “SOUNDLY REFUTED”

    Sorry, but I failed to see any Soundly Refuted response. Since the list of charges is long and the responses are to only a few charges. I do not think your “teaser” is correct.

    Second, to continue my complaint about formatting. You should at least provide a summary paragraph before requiring a jump. It is often the journalistic format: Tell them the story in one paragraph, then [after the jump] explain the story. Your one-liners are not sufficient. They often mislead.

    Paul

  2. Eye Spy says:

    Paul–

    Not following your logic. The post said he soundly refuted some of the allegations. He did. He said he was dismissed from the diamond mine lawsuit. He addressed his bankruptcy (which was on his site immediately after the Zina issue and prior to this release) in more detail.

    He explained that from a fiscal point of view he is able to be bonded and is in fact (according to him) bonded.

    Seems like he refuted it to me. It will be interesting to see if The Capital does a follow up or not.

    The post outlined what he did and most readers (I think) grasped that. If you wanted to read his entire statement, you were given the option to read it.Honestly, it made no sense to waste all the real estate on the entire press release. We do that often (and in new media it is the norm)and also did it with the City’s release on the Czech award.

    Does his refutation make him the best candidate? Who knows. I don’t personally have a dog in the race, I live in 7.

  3. Paul A. Richards says:

    Do you KNOW he was dismissed from the suit? Was the dismissal a technical or factual action? You are repeating a Press Release. Who believes Press Releases?

  4. Paul A. Richards says:

    You say “I live in [Ward] 7.” It is OUR City Council. One vote seems to decide most issues!

  5. Martin says:

    Paul, Since you enjoy talking out of your hind parts about topics you know nothing about…do you mind if I deliver my dismissal to your Boucher Ave. Home?

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