Wall Street Bottomfeeders Circling NJ Schools

HT to Stan Karp:

Braun: Parents push for laws allowing communities to vote on charter schools

Star Ledger, 6.23.11

"What do we want? A vote! When do we want it? Now!" while an assortment of politicians pledged obeisance to what these parents demanded: An end to the unchecked growth of charter schools.

Hedge-Fund Founders Eye N.J. Schools

Wall Street Journal 6.23.11

A new group backed by two hedge-fund founders is taking aim at New Jersey's largest teachers union. Better Education for Kids wants to end the use of seniority in teacher-hiring decisions . . . and weaken tenure. . . . It's the first major foray from the hedge-fund community into New Jersey's education-reform scene. Hedge-fund managers and employees have been active in New York education circles for years, as support for charter schools came into vogue.