Ashe Charter Schools Management and the Wall Street Model for Education

Before the banksters and other corporate thieves ruined the economy and the lives of tens of millions of Americans, the case was made (and is still made by Obama and Duncan) for the no public oversight model for the corporate charter schools and EMOs that have proven more often no better and often worse than the public schools they were intended to replace. The only national peer-reviewed study shows 17 percent of charters nationally outperforming demographically matched public schools.

In Ohio, for profit outfits like White Hat Management have carried away hundreds of millions of tax dollars that were collected for the purpose of educating children. As the news report below shows, it is no simple matter to get these crooks to show up in court, much less to close their tax dollar sinkholes.