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Wednesday, May 5, 2010

Education Reform Now’s Hedge Fund Buddies | Artvoice Daily

Education Reform Now’s Hedge Fund Buddies | Artvoice Daily:

EDUCATION REFORM NOW’S HEDGE FUND BUDDIES


Here’s an interesting story from the Express in Milwaukee, where Education Reform Now (ERN) and Democrats for Education Reform (DFER) have been lobbying big time to grab control of Milwaukee Public Schools (MPS).

In Saturday’s Buffalo News, ERN Executive Director Joe Williams forgot to mention that the ERN board is made up of businessmen from hedge fund groups who see charters as a “hot cause”. These folks work for Hawkshaw Capital, Gotham Capital, SAC Capital and Maverick Capital.

Maybe that’s why Andrew Rudnick referred to the Buffalo Public Schools as “a big business. This is a billion dollar budget. You need committed, reform-minded folks to be the board of directors.”

Who knew that hedge fund groups were such progressives when it comes to the education of our children? God bless ‘em.

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Read more: http://blogs.artvoice.com/avdaily/2010/05/03/education-reform-nows-hedge-fund-buddies/#ixzz0n4G8VDpU