Latest News and Comment from Education

Sunday, August 14, 2011

Jersey Jazzman: Corporate Reformer Motivations

Jersey Jazzman: Corporate Reformer Motivations

Corporate Reformer Motivations

Again: I hope I don't upset Matt Yglesias by bringing up such disturbing topics. But don't you find it a little unusual, Matt, that so many hedge fund managers are so passionate about charter schools?
After hearing from Mr. Cuomo, Mr. Williams arranged an 8 a.m. meeting last month at the Regency Hotel, that favorite spot for power breakfasts, between Mr. Cuomo and supporters of his committee, Democrats for Education Reform, who include the founders of funds like Anchorage Capital Partners, with $8 billion under management;Greenlight Capital, with $6.8 billion; and Pershing Square Capital Management, with $5.5 billion.
Although the April 9 breakfast with Mr. Cuomo was not a formal fund-raiser, the hedge fund