Excerpt:
At least someone was thinking of parents and community before corporations and privatizers at LAUSD.
If we ever needed more insight into just how manipulative and insidious Democrats for Education Reform (DFER) is as an agent of the corporate and neoliberal agenda, they’ve published a white paper discussing how they managed to railroad the anti-community, anti-teacher, pro-corporate SB-191 through the Colorado Legislature. The bill, which further disenfranchised communities in favor of corporate “ed-reformers,” and stripped Colorado teachers of nearly any protections whatsoever is a prime example of how it isn’t only teabagging darlings like Florida’s Rick Scott and Wisconsin’s Scott Walker that want to destroy public education and bust all unions.
http://www.sourcewatch.org/index.php?title=Democrats_for_Education_Reform
Excerpt:
Democrats for Education Reform
From SourceWatch
"Democrats for Education Reform is a political action committee supported largely by hedge fund managers favoring charter schools, merit-pay tied to test scores, high-stakes testing, school choice (including vouchers and tuition tax credits in some cases), mayoral control, and alternative teacher preparation programs." [1]- Joe Williams, Executive Director
- Charles Barone, Director of Federal Policy
Contents[hide] |
Board
Accessed March 2011: [2]- Kevin Chavous (chair) – Former Washington, DC City Council member and chair of the Education Committee. Chavous was on the Obama Policy Committee during his Presidential campaign. He co-founded DFER and the Education Equity Project. Chavous is also a Board member and Distinguished Fellow at the Center for Education Reform and serves on the board of the Alliance for School Choice.
- Anthony Davis – Anchorage Advisors (hedge fund). Formerly at Goldman Sachs. Member of Robin Hood Leadership Council. Board chair of Achievement First East New York Elementary School.
- Charles Ledley - Highfields Capital Management. Ledley is profiled in Michael Lewis’ The Big Short. Board member/treasurer of Harlem Village Academy and Leadership Village Academy Charter Schools.
- Sara Mead - Formerly of the Progressive Policy Institute and EdSector; now at the New America Foundation. She is a senior associate at Bellwether Education Partners.
- John Petry – Co-founded Harlem Success Academy Charter School. Petry works for Gotham Capital, a hedge fund started by Joel Greenblatt (Greenblatt is on DFER’s Board of Advisors).
- Whitney Tilson – Managing partner and founder of T2 Partners LLC and the Tilson Mutual Funds. Tilson was also a founding member of Teach For America. He co-founded DFER in 2007. You can read Tilson’s blog here.
- Boykin Curry (IV) – Eagle Capital. Co-founder of Public Prep, a charter management organization.
Advisory Board
Accessed March 2011: [3]- Joel Greenblatt – Greenblatt started Gotham Capital in 1985. Greenblatt is the Chair of the Board of Trustees at the Success Charter Network and Chair of Harlem Success Academy 1 and Harlem Success Academy 3.
- Steve Barr – Founder and Chair Emeritus of Green Dot America.
- Tom Vander Ark - Former head of the Gates Foundation’s domestic education program. He is currently: the President of iNACOL (International Association of K-12 Online Learning), Managing Partner of Revolution Learning, works for Vander Ark/Ratcliff, a Director for Edmodo, is on the national advisory board for the National Association of Charter School Authorizers, the Founder and CEO of City Prep Academies, and is on the Board of Directors for AdvancePath Academics.
- William Ackman – Founder of Pershing Square Capital Management, a hedge fund based in NYC.
- Cory Booker – Mayor of Newark, N.J.
- David Einhorn – Founder of Greenlight Capital.
- Vincent Mai – Chairman of AEA Investors, LP.
- Michael Novogratz – Principal and Director of Fortress Investment Group.
Criticism
- Robert D. Skeels, "Democrats for Neoliberal Education Reform", Dissident Voice, March 31st, 2011.
Contact
URL:http://dferwatch.wordpress.com/http://www.sourcewatch.org/index.php?title=Foundations_and_Funders
Excerpt:
Lumina Foundation for Education
http://www.luminafoundation.org/about_us/leaders/matthews.html
Excerpt:
Matthews is a graduate of the University of New Mexico and earned a master’s degree in bilingual education at New Mexico Highlands University in Las Vegas, N.M. He earned a doctorate in educational leadership and policy studies at Arizona State University and received an honorary doctor of humane letters from Marycrest International University.
http://en.wikipedia.org/wiki/Bill_Ackman
Excerpt:
William A. Ackman or commonly known as Bill Ackman (born 11 May 1966, New York) is the major investor, founder and CEO of hedge fund Pershing Square Capital Management LP.[1] At one point in December 2007 his funds owned a 10% stake in Target Corporation, valued at $4.2 billion[2] through the purchase of stock and derivatives.[3] His funds now own a 7.8% stake.[4] In December 2010, his funds held a 38% stake in Borders Group and on December 6, 2010, Ackman indicated that he would finance a buyout of Barnes & Noble for US$900M.[5]
http://www.schoolsmatter.info/2010/04/colorados-sb-191.html
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April 25, 2010
http://www.lexisnexis.com/community/corpsec/blogs/corporateandsecuritieslawblog/archive/2011/03/25/this-week-in-securities-litigation-march-25-2011.aspx
Excerpt:
Churning: SEC v. Konaxis, Case No. 1:11-CV-10489 (D. Mass. Filed March 23, 2011) is an action against registered representative James Konaxis, formerly of Sentinel Securities, Inc. According to the Commission's complaint, Mr. Konaxis excessively traded the account of a client. Initially the account was valued at $3.7 million. After two years its value had diminished to about $1.6 million while the defendant earned approximately $550,000 in commissions. The client is a widow from September 11. The complaint alleges violations of Securities Act Section 17(a) and Exchange Act Section 10(b). Mr. Konaxis consented to the entry of a permanent injunction prohibiting future violations of the sections cited in the complaint and to a penny stock bar. He has also agreed to have the court resolve issues regarding disgorgement, prejudgment interest and the imposition of a penalty. In an administrative proceeding which will be instituted Mr. Konaxis has agreed to the entry of an order which will bar him from the securities industry.
Vice President, Policy and Strategy
Dewayne Matthews is Vice President for Policy and Strategy of the Lumina Foundation for Education. Matthews has served in a variety of higher education leadership roles, including Senior Adviser to the President and Vice President of the Education Commission of the States (ECS), Director of Programs and Services for the Western Interstate Commission for Higher Education (WICHE), and Executive Director of the New Mexico Commission on Higher Education. He has been a legislative staff member, faculty member and university trustee, and has worked with higher education institutions in Mexico, Canada, and Japan. He began his career as a first-grade teacher in Taos, N.M.Matthews is a graduate of the University of New Mexico and earned a master’s degree in bilingual education at New Mexico Highlands University in Las Vegas, N.M. He earned a doctorate in educational leadership and policy studies at Arizona State University and received an honorary doctor of humane letters from Marycrest International University.
http://en.wikipedia.org/wiki/Bill_Ackman
Excerpt:
William A. Ackman or commonly known as Bill Ackman (born 11 May 1966, New York) is the major investor, founder and CEO of hedge fund Pershing Square Capital Management LP.[1] At one point in December 2007 his funds owned a 10% stake in Target Corporation, valued at $4.2 billion[2] through the purchase of stock and derivatives.[3] His funds now own a 7.8% stake.[4] In December 2010, his funds held a 38% stake in Borders Group and on December 6, 2010, Ackman indicated that he would finance a buyout of Barnes & Noble for US$900M.[5]
http://www.schoolsmatter.info/2010/04/colorados-sb-191.html
Excerpt:
April 25, 2010
Colorado's SB 191
With lots of attention being paid to the Perkins hearings, the Florida SB6 fiasco, and Duncan's "Race to Nowhere," a merit-pay bill in Colorado is slowly working it's way through the legislature. The Senate Education Committee on Friday passed Senate Bill 191 and will now head to the Senate Appropriations Committee. The bill has support from a number of groups - the Colorado branch of Democrats for Education Reform; the state's branch of Stand For Children; Education Reform Now; Colorado League of Charter Schools; and various other groups (some with good intentions, but misled into believing this will somehow improve public education).
http://www.corporationwiki.com/Massachusetts/Lynnfield/anthony-carnevale-P7534462.aspx
See Anthon Carnevale's connection to Sentinel Securities
https://home.investmentnews.com/clickshare/authenticateUserSubscription.do?CSProduct=investmentnews&CSAuthReq=1:273436759658192:AID|ID:2829136E0633D6A6F7D43250B12625E9&AID=20110323/FREE/110329971&title=Ex-Sentinel%20Securities%20rep%20defrauded%209%2F11%20widow%3A%20SEC&ID=&CSTargetURL=http%3A%2F%2Fwww.investmentnews.com%2Fapps%2Fpbcs.dll%2Flogin%3FAssignSessionID%3D273436759658192%26AID%3D20110323%2FFREE%2F110329971
Excerpt:
http://www.corporationwiki.com/Massachusetts/Lynnfield/anthony-carnevale-P7534462.aspx
See Anthon Carnevale's connection to Sentinel Securities
https://home.investmentnews.com/clickshare/authenticateUserSubscription.do?CSProduct=investmentnews&CSAuthReq=1:273436759658192:AID|ID:2829136E0633D6A6F7D43250B12625E9&AID=20110323/FREE/110329971&title=Ex-Sentinel%20Securities%20rep%20defrauded%209%2F11%20widow%3A%20SEC&ID=&CSTargetURL=http%3A%2F%2Fwww.investmentnews.com%2Fapps%2Fpbcs.dll%2Flogin%3FAssignSessionID%3D273436759658192%26AID%3D20110323%2FFREE%2F110329971
Excerpt:
http://www.lexisnexis.com/community/corpsec/blogs/corporateandsecuritieslawblog/archive/2011/03/25/this-week-in-securities-litigation-march-25-2011.aspx
Excerpt:
Churning: SEC v. Konaxis, Case No. 1:11-CV-10489 (D. Mass. Filed March 23, 2011) is an action against registered representative James Konaxis, formerly of Sentinel Securities, Inc. According to the Commission's complaint, Mr. Konaxis excessively traded the account of a client. Initially the account was valued at $3.7 million. After two years its value had diminished to about $1.6 million while the defendant earned approximately $550,000 in commissions. The client is a widow from September 11. The complaint alleges violations of Securities Act Section 17(a) and Exchange Act Section 10(b). Mr. Konaxis consented to the entry of a permanent injunction prohibiting future violations of the sections cited in the complaint and to a penny stock bar. He has also agreed to have the court resolve issues regarding disgorgement, prejudgment interest and the imposition of a penalty. In an administrative proceeding which will be instituted Mr. Konaxis has agreed to the entry of an order which will bar him from the securities industry.
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