September 27, 2003
Conflicts?
Uhh, just what is going on here?
Florida's state pension fund is investing $174-million in a controversial for-profit school management company.Oh, and one of Atrios' commenters notes that Liberty Patners has exactly one client. Can you guess who? Posted by Steve on September 27, 2003Through one of its money managers, Liberty Partners, the pension fund has agreed to buy out the shareholders of Edison Schools Inc., taking the New York company private.
In effect, the fund that provides for the retirement pensions of Florida teachers and other public employees will own a company that has played a leading role in privatizing school management.
