Friday, October 1, 2010

Why do hedge funds support charter schools?

Why do charter schools enjoy the support of hedge funds, Walmart, and Rupert Murdoch?


At first I thought the only reason was the ideology of privatization, but an article by Juan Gonzalez makes more sinister connections.

Some investment banks are using tax credits for school construction to double there money in 7 years.


http://www.nydailynews.com/ny_local/education/2010/05/07/2010-05-07_albany_charter_cash_cow_big_banks_making_a_bundle_on_new_construction_as_schools.html

No comments:

Post a Comment