Billy Guice thinks SRHS pension plan trustee Steve Simpson is not doing a good job. In a recent JCBOS meeting, Guice criticized Simpson’s handling of the plan’s funds and also with Simpson’s apparent lack of transparency.
Guice went on to say that Simpson would not have been his first choice for trustee. Simpson wasn’t the first choice for Judge Hilburn; he was the sixth. Guice said that he preferred a professional trustee with trust experience, something Simpson lacks. The bulk of Simpson’s legal experience has been in criminal matters.
Guice went on to say that his choice would have been The Peoples Bank in Biloxi. No doubt that Guice would be comfortable with Peoples, as he and his family have a long relationship with the bank. When you look specifically at the trust department you find:
That’s right, Billy Guice wanted to put his (ex)wife in charge of the pension trust. Ms. Guice, by all appearances, is everything you would want in a trust officer. The problem lies in that her (ex)husband is an attorney involved in ongoing litigation over that very trust.
One episode of nepotism was avoided in not selecting Peoples Bank. It was trumped by cronyism with the appointment of Simpson.