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For the record my facts came from RIPTA's own financial reports on the RIPTA web site. You can see them for yourself.

Here are the facts from that website.

FACT: During Avedisians tenure, assets plummeted by $14,703,460.

FACT: That's bad.

FACT: During Avedisians tenure, liabilities skyrocketed by $79,579,486.

FACT: That's real bad.

FACT: During Avedisians tenure, income crashed by $2,554,279 annually!

FACT: That's devastatingly bad.

FACT: Scott Avedisian cost RIPTA, ON A PER DAY BASIS ...

$8,056 in assets - $43,605 in liabilities - and $1,400 PER DAY in income. That's $1,400 PER DAY! EVERY, EVERY DAY!!!

This is the honest record of Scott Avedisian as Chairman of the Board at RIPTA according to RIPTA's own public financial reports. Barbara Polichetti calls it a "normal decline in assets which is a result of required depreciation..." Barbara! Are you kidding??? Assets are good. Liabilities are bad. Income is necessary to survive. Do the math!!! Avedisian patted himself on the back saying RIPTA is "now in a much better place" but the facts show that he lied. He destroyed RIPTA. And that is NOT according to me. That is according to RIPTA!

Barbara! Please read your own financials. Thank you.

Richard Corrente

Democrat for Mayor

P.S. Hey Rob. Thanks for being "subtle". I owe you one.

From: Corrente gives Avedisian 'F' on RIPTA service, agency counters

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