Monday, November 16, 2009
Hedge fund school-reformer nearly fesses up
"There's a very fine line between what all of us do, and fraud..."
Whitney Tilson is the sugar-daddy and co-founder of Democrats for Education Reform (DFER)-- Democrats in name only. Tilson and the hedge-fund reformers have lots of pull inside the DOE at present. Their goal is to move Duncan more towards school vouchers and privately-managed charters. Basically a current version of the Ownership Society in ed policy.
In this video, Tilson responds to the acquittal of former Bear Stearns hedge-fund managers Ralph Cioffi and Matthew Tannin and breathes a sigh of relief at the failure of the U.S. govt.'s first case against Wall Street bankers for wrongdoing in the run-up to the current global financial collapse.