PLANET VALENTI News and Commentary and Everything

(FORTRESS OF SOLITUDE, MONDAY, APRIL 23, 2012) — For the first time since the scandal broke in 2010, a senior Greylock Federal Credit Union has gone on the record about the circumstances surrounding former CEO Angelo Stracuzzi‘s exit from the company.

The key question have always been: Did Stracuzzi resign or was he fired? Did he leave  with a golden parachute or not?

Greylock: Stracuzzi Didn’t Receive a Cent

Today, Mark Mancari, who heads a Greylock branch office in Pittsfield, told THE PLANET: “Mr. Stracuzzi resigned in June 2010 and received no buy out or additional compensation from the credit union.” Mancari made his comment in the response section in answer to a post from Ray Ovac, one of THE PLANET’s regular contributors.

Mancari’s public revelation marks the first time a Greylock official had say anything by way of detail about the circumstances of Stracuzzi’s exit. The next question, of course, is this: Did Greylock present Stracuzzi with an offer he couldn’t refuse, along the lines of: “If you don’t resign, we will prosecute?” Another query would be: “Do you believe the company when it says the Greylock board of directors had no knowledge of Stracuzzi’s criminal record regarding underage males following the incident happening in July 2005 and up to the time when the news made headlines?

If Mancari is supplying accurate information, we would commend Greylock for not rewarding Stracuzzi for his heinous actions. One does wonder about the exact terms of his exit. Again, a credit union is not a privately held company. It is owned by members, and it has a responsibility of transparency to them.



Zounds! We have discovered a sentiment upon which the vast majority of readers can agree. Who cannot be affected in a beautiful way by the explosion of green that greeted us following the rains of yesterday? The sweet heavens let loose their much needed tears upon the powdery ground, and the Secret Life of Plants recognized the gift. Plants possess an intelligence we have yet learn to measure, but if we someday can, we shall discover adaptive genius that would make Mensa’s greatest member seem like a dunce.

We walked along a side road this a.m. — woods mostly, and yet close to home — and lost our breath from the riot of emerald. If you wish to know the color of a new beginning, get yourself out today on some wooded and planted path. Open your eyes and let it sink in as far as you will allow. You will come from the encounter the better for it.

‘They Abide. They Will Not be Denied’

Plants and trees give more than oxygen and take in more than carbon dioxide. They present examples of endurance and determination. I saw a glowing, green shoot that thrust its way through asphalt. I saw buds emerging from a branch. They persist. They abide. They will not be denied.

So much to love in the early morning, where heaven bolds its breath and hears the beating of Love’s own breast — where round the secret of all spheres all angels lay their wings to rest (Rossetti).



Now, THE PLANET presents this gem of minimalism.

—– 00 —–


By William Carlos Williams

So depends



a red wheel



glazed with rain



beside the white



—– 00 —–

This is one of the top five poems ever written in the English language in the past 200 years. We shall withhold our interpretation, except to say, “No ideas but in things.”



Both for the conveyance of an urgent message and in the name of fun, THE PLANET presents this cipher. It contains a startling, relevant, and true message directed at a specific party. Such is our confidence at the encryption that we share it openly:

gl qlbup7w // ax2m  // 1 5;k pqkef // ncaabo // bfew24 mzcx // vmbn // 5lipsi13 // flghlyor gjq207′ fhl // wh’195j bg loe4 // fgt7o go bq ro 367 bo qn // plaa abba bab aba aaabbbaa 16  16  16  16  16


Let he who has ears, hear. Let he who has eyes, see.








  1. Gene
    April 23, 2012 at 11:32 am #

    Funny because I too got out this morning to walk the dog and noticed the same thing. The green green. Nice change of pace Planet.

    • Steve Wade
      April 23, 2012 at 12:03 pm #

      Dan Is that the best Greylock could do is have a branch manager say Stracuzzi didn’t recieve any buy out? When I hear it from the President of Greylock then I’ll believe it!

  2. Beacon Hill Mob
    April 23, 2012 at 12:45 pm #

    As a Greylock Depositor, WHy did the POS at the bank DENY EVERYTHING?


    • Beacon Hill Mob
      April 23, 2012 at 4:51 pm #

      And day ONE. FIVE years later when the DIRT surfaced……..

      I called the bank. They denied and stonewalled.

      Take your money out and let the pedophiles, and their enablers at depot of probation, go to hell

  3. Cousin O
    April 23, 2012 at 12:53 pm #

    I was once a member. I pulled out because of Stracuzzi. I am pleased though that the company didn’t give a payout. That’s one way back but I, like Steve, am disappointed this news had to come through a branch mgr.

  4. Scott
    April 23, 2012 at 2:03 pm #

    Well at least we have an answer.

  5. dusty
    April 23, 2012 at 2:26 pm #

    It is almost like, if it turns out to be not quite accurate then the president is not to take the fall for the misinformation. Ya know? For me it cast more suspicion then before.

    • Fan Dan Go
      April 23, 2012 at 5:00 pm #

      I agree, Dusty. Why did they allow this underling to give the message. You have to know this came through only with HQ’s blessings. Why? Hmmmm….

    • Mark Mancari
      April 23, 2012 at 7:36 pm #

      DV: Am I understanding this correctly that someone posted, with a name of Mark Mancari, a reply to one of Ray Ovac’s posts, saying that Stracuzzi didn’t receive any money? And we’re all believing this why? Is there any further confirmation as to his identity?
      – Molly

      • danvalenti
        April 24, 2012 at 5:54 am #

        You are too “too” in this suspicion. Yes, there is confirmation of the validity. If you wish to check it, send a love note to

        • Mark Mancari
          April 24, 2012 at 7:58 am #

          Not sure what you mean by “You are too “too” in this suspicion” – care to explain?

          • Mollly
            April 24, 2012 at 7:59 am #

            Sorry – forgot to change the name back!!!

          • Molly
            April 24, 2012 at 2:21 pm #

            I totally disagree! Anyone can obviously post with any name and it happens all the time (as I’m sure you know). And it is common place on Topix. I also found it a bit strange that a branch manager would be the one to announce something like that. That is just not a very likely scenario at all. Nor would he risk his job by doing so on his own. I thought that there were red flags everywhere – at least to me there were. Hence lots of reasons to suspect this wasn’t “real”. And I was correct So I also venture to say that I was definitely NOT being “over the top”!

            I don’t know with who or how you confirmed the validity of this, but it was NOT Mark Mancari, branch manager Greylock Fed. Credit Union, who posted this. I did send a “love note”! And also , had a very long discussion with John Bissell, Executive Vice President of GFCU (He said that you interviewed him in 2010 and he also denied any Golden Parachute to Stracuzzi with you, on the record). But of course and as we already knew, they are restricted under a Confidentiality Agreement from releasing any details but he very strongly denies that there was any “golden parachute” given to Stracuzzi. As I told him, until we know the details, no one will believe that. They can’t give the details because of the signed contract Confidentiality Agreement, so that’s where it is.

            I did find it interesting, though, that with all of the discussions on this topic, both here and on other boards, that my conversation with him was only the 4th telephone call in over 2 years that he’s had (and mine was an email and he then called me!) with anyone — people have NOT called to complain or question or whatever. So I guess people are willing to spout off when they can hide their real names, but not so much when they need to actually identify themselves.

            You stated in reply to me, “Yes there is confirmation of the validity” – can you share what that confirmation was?

          • danvalenti
            April 24, 2012 at 5:34 pm #

            You were right to question the e-mail. My confirmation was a simple oversight: The creator of the phony “Mr. Mancari” used a “correct” e-mail, except he had a “.com” suffix and not the Greylock “.org.” I should have caught that sooner, but didn’t. My error. I apologize to you. Moll, you were five steps ahead of everyone else on this one, including me, Thanks for your alertness, and I am grateful for not only for pointing our your suspicions but also for your general contributions to this site.

      • GMHeller
        April 24, 2012 at 2:26 pm #

        Molly, your female intuition proved spot-on!
        ALL the comments on PlanetValenti of the past few days labeled as being written by Mark Mancari of Greylock Federal Credit Union were in fact written by someone posing as Mr. Mancari and using his name as an alias.
        Mr. Mancari NEVER wrote any of those comments.
        SEE my comment below:

  6. Chuck Garivaltis
    April 23, 2012 at 4:41 pm #


    Let he who has ears, hear. Let he who has eyes, see. Let he who has a memory use it. None of this happened last weekend for the big yawn – the 100th anniversity of the iconicFenway Park.

    Here we have a century of incomparable history. The curse of the Babe. Double XX, do you know who he is? Bill Buckner and Yaz,, you know who they are. I think Buckner should have been a major attraction. Ted Williams, even a Yankee fan knows who he is. Where were Ted’s relatives?Mel Parnell and the Little Professor,and how about Big Walt at first base. I’ll bet you don’t know The Kid’s caddy. Then the picture that made one weep.Johnny Pesky and Bobby Doerr comming out in wheelchairs. Here’s one you don’t know – Eddie Lake. What a history! And all this was passed over for an introduction of a never ending group of nothings who added zero to the glorious history of the last century. I know they won 2 championships but these were nothing compared to the end of season cliffhangers that were standard in the late 40’s when Joe D., heel bone spurs to name an ailment, would break Sox hearts with late inning home runs. And at Fenway Park to make it more hurtful. This is the era when the painful cry of, “Wait till next year became popular”. Next year took half a century.

    It was a full house but the Sox brass, and celebration planners, got what they deserved with a couple of humilitating losses to, who else, the Yankees.

    • danvalenti
      April 23, 2012 at 5:47 pm #

      Well Double XX was Jimmie Foxx, the Little Prof was Dom D, and Big Walt was Dropo, rookie of the year in 1950. The Kid’s caddy was Gene Stephens. I don’t know Lake but do know about Joe D’s heel spurs and the series he single-handedly won at Fenway in ’49. Sox in ’48 tied with Cleveland and lost 9-3 in a playoff at Fenway (Beardon over Galehouse); in ’49, they lost out to the Yankees by a game. In ’50, they were leading everything until Williams smashed his elbow at Comiskey Park in the All Star game, making a great grab off the bat of Ralph Kiner in the first inning. When you throw in the ’46 pennant, that’s a near Sox dynasty. I agree with you points about the weekend at Fenway for the 100th.

      • Gene Nadeau
        April 23, 2012 at 8:15 pm #

        Dan and Chuck

        You may remember Walt Dropo as Big Walt…but I recall his nickname being the “Moose”…from Moosup, Ct.

        What about the tragedy of another Red Sox first baseman in the early 50’s…”The Golden Greek”…Harry Agganis?

  7. Ray Ovac
    April 23, 2012 at 5:32 pm #

    DV, what are the odds the bloodhounds at The Berkshire Eagle will report on this unexpected revelation in the Stracuzzi matter coming from management personnel at Greylock Federal?

    • danvalenti
      April 23, 2012 at 5:43 pm #

      Nada, I would say. They are under orders to “stay away.” This comes from a newsroom source.

  8. Chuck Garivaltis
    April 23, 2012 at 6:47 pm #


    Extraordinary recall of baseball history.I forgot the ’48 pitchers but remember “The Cat” won 3 games in the ’46 series. And he wasn’t the star pitcher for this team that featured “The Man.”

    Eddie Lake would have been almost impossible to remember. He was the ’44 second baseman for the Red Sox. I remember him because he made an incredible twist, jump, and turn throwing the ball to first to complete a double play. The play and name stuck in my mind because to a 10 year old watching his first major league game the play seemed miraculous. When the war ended Eddie, and most of the major leaguers at the time, were dropped to the minors.

    I was at Fenway that day because Clapp Park won the city championship in a city sponsored league approved by the parks and recreation department. The winning park team was sent by bus with monitors to a Red Sox game. Competition was fierce to make the park teams.

    • danvalenti
      April 23, 2012 at 7:23 pm #

      Great story, Chuck, about Lake. The Cat was Harry Breecheen, right? I once talked to Mel Parnell, who told me that he reported to Fenway Park the day of the Cleveland playoff in ’48, expecting to start. He was a rookie that year, I believe. Anyway, Mgr. Joe McCarthy surprised Parnell and others. Mel said that when he went to the locker room, the ball was placed in front of Denny Galehouse’s locker. McCarthy was second guessed for that move. Of course, if Galehouse pithces a gem, Joe’s a genius. Parnell said he was angry, but he was a rookie, and back then, rookies kept their traps shut.

    April 23, 2012 at 7:05 pm #

    Be very interested to see if Mark Mancari had the ok to give this information out. I really doubt it. He might not be a manager for much longer.

    • danvalenti
      April 23, 2012 at 7:29 pm #

      Thanks for the comment. Let’s look at it this way.
      A. Did Mancari have permission to release this information.
      A1 = He did.
      A2 = He didn’t.
      If A1, then it begs the question: Why did HQ use this underling for the release of an important disclosure?
      If A2, will there be repercussions. We hope not. We appreciate the forthcoming way Mancari has communicated with us.

      B. Is Marcari’s information accurate and truthful?
      B1 = Yes.
      B2 = No.
      If B1, then why wouldn’t Greylock HQ tell us that, since it bodes well for the company. Moreover, why not then release the full details of Stracuzzi’s resignation?
      If B2, then
      B2a = The statement must be corrected by Greylock, officially.
      B2b = There could be legal ramifications
      B2c = Greylock must give full details of the circumstances under which their former CEO left the company.

  10. Still wondering
    April 24, 2012 at 5:40 am #

    My grandfather told me a story about the Cleveland game. He said that the manager couldn’t make up his mind as to who would start the game. He asked for any volunteers. The only guy to raise his hand was Galehouse.
    And how about Jimmy Peirsal?

    • danvalenti
      April 24, 2012 at 5:51 am #

      Mel Parnell hotly denied that story, as have most of the other guys in that locker room, including Pesky and Doerr. Parnell wanted the ball that day, and he expected to get it. Manager Joe McCarthy, however, was old school, and ultimately did not want to put the game in the hands of a rookie lefty. As for Piersall, one of a kind. He made baseball fun. Curt Gowdy called him the greatest defensive cf he had ever seen, and that included Willie Mays.

  11. GMHeller
    April 24, 2012 at 2:20 pm #

    To All,
    Looks like Praxis33/Solons/’Andrew Stevens’ has struck again using his aliases and his proxy servers to mask who he is and from where he is posting.
    According to Mark Mancari, the branch manager at Greylock Federal Credit Union, he has not been posting comments on PlanetValenti and is not the person posing on Planet Valenti as ‘Mark Mancari’.
    This means that all comments that were posted under the name Mark Mancari in the past few days on PlanetValenti are deliberate misinformation intended to mislead.

    • levitan
      April 25, 2012 at 6:15 am #

      Ok, Glenn, I am seeing your point regarding aliases. But this situation points out even using a real name does not preclude a counterfeit.

      Pseudonyms are fair game, forgery is not.

  12. Andrew Stevens
    April 24, 2012 at 3:47 pm #

    I am not up to anything and I am not using aliases.

    Your allegations is baseless, untrue, and absurd.

  13. NA Watcher
    April 25, 2012 at 12:47 pm #

    We shall see. Dan V will be positng who the culprit is.