Latest News and Comment from Education

Sunday, September 30, 2012

Schooling in the Ownership Society: Look who paid KIPP's way to New Zealand

Schooling in the Ownership Society: Look who paid KIPP's way to New Zealand:


Look who paid KIPP's way to New Zealand

Hedge-funder, Julian Robertson
Look who paid KIPP founder, Mike Feinberg’s way to NZ where he got a cool reception. None other than conservative hedge-funder Julian Robertson. Robertson's Aotearoa Foundation, is the local arm of the right wing USA-based Robertson Foundation. It was hedge-fund king Robertson who founded the now-defunct Tiger Management Fund which was mired in scandal over the collapse of U.S. Airways.

Robertson recently gave $1.25 million to  Restore Our Future, a Super PAC supporting Mitt Romney campaign. In fact, Robertson wanted Romney to run his hedge fund. But Romney has enough sense not to get involved in such a crooked organization and ran Bain Capital instead.
"I'm fortunate to be a one-percenter", said Robertson. "I put it up there as probably, if it works, as