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Jamaica College has issued a press release denouncing an article done by the Gleaner published today.  Michael Bernard, chairman of the Jamaica College board said the statement in gleaner about the resignation of Ruel Reid is “grossly incorrect, untrue and misleading in every material respect.”  The gleaner had stated, “the pact which takes into account housing and an annual JC foundation payment of $2.5 million, will see Reid walking away with a payout in the region of $100 million, with the remaining seven years of his contract brought out to take him to retirement age at 65.”  Jamaica College has…