Schooling in the Ownership Society: Michael Milken treating schools like junk bonds

Schooling in the Ownership Society: Michael Milken treating schools like junk bonds:

Michael Milken treating schools like junk bonds

by Mike Klonsky

Good post at Modern School blog, describing the great K12Inc. public school  heist engineered by  indicted racketeer and securities fraud purveyor, Michael Milken. Despite K12’s lack of success in terms of improving student achievement, the company has been a cash cow for Milken and his fellow investors.

According to MS:

Milken, as you may recall, was indicted on 98 counts of racketeering and securities fraud in 1989 as a result of his insider trading and junk bond scamming. As part of a plea deal, he admitted guilt to six securities