Tag Archives: kpf

Loans at 20% Interest

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Berkeley-In the wake of Pacifica’s latest executive transition from permanent ED John Proffitt who resigned after 4 months, to Siegel/Brazon faction leader Lydia Brazon, information out of Pacifica’s national office (which is supposedly on the block for mortgage according to Brazon, who had earlier shown the property to real estate brokers in 2014), has slowed to a trickle. Despite apocalyptic statements from controller Efren Llarinas at the last national board meeting about bills due at the end of September, it appears enough money was borrowed to clear paychecks and preserve employee health benefits. However Llarinas continues to sound the alarm, telling the finance committee: “It is really unpredictable if PNO can fund its own PNO employees’ salaries this October 15 payroll ” and “There is no assurance right now that PNO will be able to advance the November healthcare bills (approx. $65K) which are all due on Oct. 31. Meanwhile, the Pacifica Archive is desperately trying to collect money owed to it from stations, including “PRA Days” at LA and NY, premium billings from DC, and thousands owed from LA for the use of their bookeeper after the last temporary KPFK bookkeeper was terminated for embezzling and the sucessor quit in less than a week. Continue reading Loans at 20% Interest