Latest News and Comment from Education

Monday, April 26, 2010

Schools Matter: US DOE Office of Inspector General: Charter School Fraud and Embezzlement Update

Schools Matter: US DOE Office of Inspector General: Charter School Fraud and Embezzlement Update

US DOE Office of Inspector General: Charter School Fraud and Embezzlement Update

Click page to enlarge. Truly inspired by Wall Street banksters and casino capitalists. Download report here.




















School For Sale!

Now that a major news outlet has finally paid attention to the business practices of Dennis Bakke and his management company (with a well-deserved round of applause for Stephanie Strom), reporters and school districts may begin to more carefully scrutinize the company's dealings.

Someone in Arizona might want to keep their eyes on an Imagine School currently listed for sale in Sierra Vista. The asking price is $6.3 million, with 5 years left on the lease. The listing also claims Imagine makes $456,968/year in income from the tenant (Imagine School at Sierra Vista). Here's a PDF flier about the property.

Virginia Demands More Failure from Disabled: Cancels Portfolio Assessments

From WaPo:
Virginia education leaders moved this week to introduce a standardized test for students with disabilities and phase out a widely used alternative that many officials say is undermining the state's accountability system.


Wall Street: Massively Fraudulent Sociopaths

Here's the link to the Bill Moyers interview with Bill Black. It runs about 25 minutes. Here is a clip:

. . . BILL MOYERS: Why did it take so long for the Securities and Exchange Commission, the SEC, to kick into gear on this? I mean, have they kicked into gear?

WILLIAM K. BLACK Well, they haven't kicked into gear fully, or they'd be naming Blankfein and other senior leaders of Goldman. And they've, as you just mentioned, they've only gone after a junior person. And there would be, if they were really in gear, there would be criminal charges here.