Latest News and Comment from Education

Saturday, June 16, 2012

Schooling in the Ownership Society: Hedge-fund school reformer Griffin says 'ultra-wealthy' have too little influence

Schooling in the Ownership Society: Hedge-fund school reformer Griffin says 'ultra-wealthy' have too little influence:


Hedge-fund school reformer Griffin says 'ultra-wealthy' have too little influence

Griffin
You wouldn't think that Mitt Romney could saunter into Barack Obama's home town and raise millions in one night and walk away unscathed. But that's exactly what he did. Here's how.

Hedge fund billionaire Ken Griffin, Chicago's second richest man (behind Sam Zell) and a major player in Chicago's corporate-style school reform, raised thousands for both Barack Obama and John McCain in 2008. But this year he’s not hedging his bets: he’s going all or nothing on Romney. The founder of the $13 billion Citadel Investment Group and his hedge-fund manager wife Anne Dias Griffin co-sponsored a $3.3 million Chicago fund-raiser for Romney at Chicago's Pump Room on Thursday.

Ultra-conservative Griffin has given more than $1 million to Restore Our Future, the pro-Romney SuperPAC