Friday, November 11, 2005

PHILADELPHIA MAYOR'S BROTHER FILES FOR BANKRUPTCY

Ah, the foibles of the Street family:

"T. Milton Street Sr., the mayor's colorful brother who two years ago was earning $30,000 a month consulting for a private company at the airport, has filed for bankruptcy."

That's thirty grand a MONTH, folks. The entrepreneur and hot dog stand maven is apparently doing whatever he can to hold off on paying for storage at Penn's Landing, which is owned by the city.

He refused to pay rent for hot dog stand storage for so long that the non-profit Penn's Landing Corp. had to sue him. After the judge ordered him to pay more than $36,000, they had to sue him again to get the money. This past summer the Sheriff's Office did an inventory of the equipment and scheduled a sale. Wait, said Street's son, Milton Street Jr., some of those hot dog stands are mine! Nope, said the sheriff, tell Daddy to pay up.

Which leaves Street where he is now:

"On the handwritten form Street filed, which he did without a lawyer, he said he had $75,000 in unsecured debt. He said he did not own his home, and listed his only income as $900 a month, without identifying the source. He detailed just one necessary expense: $50 for monthly phone service."

It's like he's trying to mess up the paperwork just to ward off the sheriff's sale a few more weeks.

"So little information was provided that Terry P. Dershaw, the bankruptcy trustee appointed to the case, said yesterday: 'It almost looks to me like it would be dismissed by the clerk's office... . It appeared to me that it [the petition] was inadequate.'"

So onward we go. The guy who once went to court owing the city thousands in parking tickets, whose brother, the mayor, once had to take back an airport contract he got when critics complained, is now trying to bilk the city for thousands.

Milton, is it your divine right to cheat the taxpayers?

Mr. Mayor, when are you going to end the nepotism and ban your brother from any deal with the City of Philadelphia?

Here's your article from the Philadelphia Inquirer:
http://www.philly.com/mld/inquirer/news/local/13137270.htm?source=yahoodist&content=phi_news

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