The Outer Banks Sentinel has again published an article on the Outer Banks Visitor's Bureau. In this instance, the paper reports the resignation of the director, Carolyn McCormick, and also outlines reputed extravagances and what we as bankers might call "dual control" issues concerning the handling of expenses.
The article is fairly damning, and if true, raises legitimate concerns. My major complaint here is that almost the entire piece is based upon a source consisting of one former Board member. I have absolutely no reason to doubt either the newspaper or the "source" as I know both the writer and the source. However, charges with this level of gravitas should be backed up by other confirmations, especially, other Board members, past or current. Lacking such collaboration, one still walks away from the issue not sure wherein lies the truth.