Conference 7.286::dcu

   I am  running  for  the  DCU  board  of  directors because I believe the
   nomination  committee's  choices represent "business as usual".  I don't
   believe the nominated candidates will make the hard choices necessary to
   restore  the  integrity  of DCU.  The current board allowed the fraud to
   continue  for years despite earlier indications, and covered up the loss
   due  to the fraud.  This board designed the process to select candidates
   like  themselves.   Note also that two of the candidates were even board
   members during the loss and coverup.  Can we expect a real change?

   I have  been  employed  at  Digital  for  17+  years  and am currently a
   consulting  engineer.   During  that  time,  I  have shown my ability to
   advocate  for  the average employee's concerns to the top of Digital.  I
   seek  your  support  to  be  able  to  do  the  same  at DCU to make DCU
   responsive to members and to restore the integrity of DCU.

I advocate:

1. Immediate revocation of the information protection policy. Information
	will be available with minimal redaction to members for free.
2. Full top-to-bottom BoD directed audit of DCU for complicity in the fraud.
3. No more hiring of advertising firms. DCU communications will be
	straight and honest.
4. Consider pursuing reimbursement from the $3M bond due to the board's
	mismanagement.
5. Determine whether the Mangone lawsuit is cost-effective to pursue.
6. Take other steps as necessary to re-establish the desires of shareholders
	as top priority.

For more information please contact me directly or look at the BEIRUT::DCU
notes file.

	Paul Kinzelman		46 Priest St
	PLOUGH::KINZELMAN	Hudson, MA 01749-1744
	dtn 223-2605		508-562-3585
	MSO1-1/21H

Here is my candidacy statement as submitted today (149 words) to the DCU:
				      
   I am a "REAL CHOICES" candidate for the DCU Board of Directors because I
   want  to  restore  DCU's  integrity and credit union focus.  The current
   board  attempted  to  cover  up  an  $18,000,000  fraud  with misleading
   reports,  an  Information  Protection  Policy,  and  the  imposition  of
   checking  account  fees.   After  the  Special  Meeting  required  a new
   election,  the  board  implemented  a  nomination  process violating DCU
   Election Guidelines which selected candidates similar to themselves.

   I advocate:
	-Restoring DCU's credit union focus directed by members.
	-Honest and frank DCU communications.
	-A complete audit of DCU.
	-Requiring approval by members for bylaw changes.
	-Board term limits

   I have  been  at  Digital  for 17 years and am a consulting engineer.  I
   have  demonstrated  my  ability  to  advocate for the average employee's
   concerns  to  top  Digital  management.  I seek your support to make DCU
   responsive to members and to restore the integrity and focus of DCU.

    In the last paragraph, replace "advocate" with "speak"
    
    ... the board implemented a nomination process which violated
    DCU Election Guidelines and selected candidates similar to themselves.
    
    But you don't really think the DCU is going to approve that, do you?

Too late now, it's already in.

They are only supposed to censor libelous statements and I believe I can
prove any statement in there.

    Proving the "coverup" should prove very interesting...

Read the 1990 annual report. The participation loans were clearly spelled
out in the auditor's notes which were with-held from members. Furthermore,
the annual report said "DCUs performance improved" when in fact it had
drastically (like 90% or so) dropped from the previous year due to the
writeoffs of the participation loans.

    re: .2
    
    Paul, while I believe that you would be an excellent candidate, and
    your statement certainly will play popularly with the NOTESfile
    readership, I respectfully submit that your opening paragraph is
    fraught with unproven allegations (not that there is no evidence, mind
    you, just no final denouement), and I would be very surprised if is 
    published as is.  It makes you sound like a critic of the past, as 
    opposed to a visionary for the future.
    
    I personally will vote for visionaries, not critics.

.2>   I am a "REAL CHOICES" candidate for the DCU Board of Directors because I
.2>   want  to  restore  DCU's  integrity and credit union focus.


Restore DCU's integrity?

Restore DCU's credit union focus?

He sounds like a visionary to me...    :)

    
    Excellent statement and succinct to boot!
    
    After all, isn't this why we're having the election? Mincing
    words now is pointless.
    
    I don't see how they can refuse it.
    
    

Re: .8,.9
	Thanks!

Re: .7
Not flamed, just sorry you feel that way because I don't agree. However,
I do have a couple of comments:

1) I only have 150 words - no space to prove anything. Contact me or ask
me specifically to prove something you question. Note that the entry
that documents the past board's suboptimal decisions is currently being
"tweaked" due to an anonymous complaint of certain passages.
It will be republished shortly.
Please take the time to check out some of the statements yourself.
Don't take it on faith that it's true, but also don't just trash the
document without taking the time to verify some points. If you are unable
to corroborate anything in that document, contact me or one of the other
signers and you can try to convince us that what we wrote is untrue in
which case we'll rewrite or eliminate that issue. We believe we can prove
every point in that document.

2) I believe I am a critic of the past *and* a visionary of the future.
My first paragraph is an explanation of why I am running.
There are other candidates with far more
financial background appropriate to leading the credit union than I have.
However, the previous board had equally good credentials and look where
we are now after being lead by the current board. Good financial background
is clearly not sufficient. Some board members *must* have good financial
background. Other board members can bring other necessary traits to the
board.

    I request that someone re-title this topic with Kinzelman's name in the
    title.  I was looking for this info the other day.  I did try DIR/TITL,
    but forgot about DIR/AUTH.
    
    Thanks,
    
    Mark

I just *knew* it was too good to be true - got my callback from Patti.
They wanted me to add the phrase "I believe" twice in the first paragraph.
I said OK, even though they are demonstrable facts, to save everybody's time
and I don't think it makes that much difference.

   I am  a  "REAL CHOICES" candidate for DCU's Board of Directors because I
   want  to  restore DCU's integrity and credit union focus.  I believe the
   current board attempted to cover up an $18,000,000 fraud with misleading
   reports,  an  Information  Protection  Policy,  and  the  imposition  of
   checking  account  fees.   After  the  Special  Meeting  required  a new
   election, I believe the board implemented a nomination process violating
   DCU Election Guidelines which selected candidates similar to themselves.

   I advocate:
	-Restoring DCU's credit union focus directed by members.
	-Honest and frank DCU communications.
	-A complete audit of DCU.
	-Requiring approval by members for bylaw changes.
	-Board term limits

   I've been  at  Digital  for 17 years and am a consulting engineer.  I've
   demonstrated  my ability to advocate for the average employee's concerns
   to  top  Digital management.  I seek your support to make DCU responsive
   to members and to restore the integrity and focus of DCU.

    Doesn't that put you at 153 words:  149 plus "I believe" twice?

    
    I think any Nominating Committee supplied words should be 'on the
    house'.  When you've already slimmed down to 149, trying to slim 
    down 1 or 2 words can be a real pain.

    Nahh!  You just pretend it's German and run a few of them together into
    one big long word.	:-)

   re .12

>   I've been  at  Digital  for 17 years and am a consulting engineer.

   Paul, please add "I believe" to the beginning of the above sentence!

   THANKS!  Don

Re: .16
That was cute - good laugh for the day! :-)

Re: .13-15
No, the extra "I believe" 's was not on the house. I ended up contracting a
few "I AM" to "I'm" and "I HAVE" to "I've" to bring it back down.

    "I believe, I believe," said tinkerbell Kinzelman.
    
    "I believe...." sang tennessee_ernie Kinzelman.
    
    Me, too. I believe in real choices, too.
    

Is you statement already cast in stone....I think that your 'I believe's
are in the wrong place.

you dont have to 'I believe' the fact that they implemented a nomination
process...you only have to 'I believe' that it violated a guideline.  You
dont have to 'I believe' that it created an IPP, only that it was done
to cover up.  for example, wouldnt it sound better like this?

   I am  a  "REAL CHOICES" candidate for DCU's Board of Directors because I
   want  to  restore DCU's integrity and credit union focus.  I believe the
   current board tried to cover up an $18,000,000 fraud by issuing
   misleading reports  and imposing an Information  Protection  Policy and
   checking  account  fees.   After  the  Special  Meeting  required  a new
   election, the board implemented a nomination process which, I believe,
   violated DCU Election Guidelines and selected candidates similar
   to themselves.

Yes, it's cast in stone. :-(

You're right, I should have been more discriminating with what DCU wanted
for a re-wording. Time was short and I had to eliminate 4 words to make
up for the two "I believe" phrases so I couldn't really say clearly what I
wanted to say. I know Patti was incredibly busy so I didn't want to push
her to go back and forth several times negotiating something acceptable to
the nominating committee and myself.

It's also a fact that the process violated a guideline so I
really shouldn't have to have "I believe" in there at all. Perhaps
I was distracted by the euphoria of having most of what I wanted to say
left in! :-)

In the July meeting, the following resolution was adopted by unanimous
vote of the board. 

This is a fitting end to this note string.

Gim


--------------
Paul Kinzelman
--------------

*  It was moved by Mr. Gransewicz and seconded  by Ms. Ritchie to approve
the following resolution, submitted by Mr. Gillett:

WHEREAS Paul Kinzelman has served two terms as a member of the Board of
Directors of Digital Employees' Federal Credit Union, beginning in 1992 and

WHEREAS Mr. Kinzelman has faithfully served the membership of the credit
union as a Director, and previously as Secretary to the Board of Directors, and

WHEREAS Mr. Kinzelman continued to serve the membership of the credit union
even after changing jobs and relocating to California, and

WHEREAS Mr. Kinzelman has spent considerable amounts of personal,
uncompensated time serving as a Director of the credit union, including
traveling from California to Massachusetts to attend important Board
meetings and planning sessions, and

WHEREAS Mr. Kinzelman devoted numerous hours as a "membership rights"
advocate helping to insure that the individual credit union member is always
considered of utmost importance at DCU, and

WHEREAS following four years of continuous service to DCU's membership, Paul
Kinzelman has chosen not to stand for re-election and in so-doing has given
up his seat on the Board of Directors,

BE IT RESOLVED that the Board of Directors, on behalf of the membership of
Digital Employees Federal Credit Union extend to Paul Kinzelman heartfelt
gratitude for his service to the credit union, and extend to him
congratulations for a job well done, and best wishes for continued success
in his career and future endeavors, whatever they may be, and

BE IT FURTHER RESOLVED that the Board of Directors instructs the Secretary
of the Board to publish this Resolution as part of the July, 1996 Meeting
Minutes.

ADOPTED this 22nd Day of July, 1996 by a unanimous vote of the board of
Directors, Digital Employees' Federal Credit Union, Maynard, MA.

Motion carried unanimously.

    re: .21
    
    GREAT!!!!  He deserves more, but I suspect that is the best you could
    do legally.
    
    Bob