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Reply #73: lol. ten years to shut down ONE school in just THAT particular corrupt, fraudulent chain. [View All]

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Hannah Bell Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-01-10 09:14 PM
Response to Reply #42
73. lol. ten years to shut down ONE school in just THAT particular corrupt, fraudulent chain.
Edited on Sun Aug-01-10 09:17 PM by Hannah Bell
repeated violations, fraud, theft.

& you just ignore it & stick to your neat little list of definitions.

you must have missed the part about the texas law.

here's another texas story, & i happen to know someone who worked at this one:

While tugging at donors' heartstrings with success stories, the 4,400-student system is strapped with its own problems: declining enrollment, dismal academic results and a history of top-heavy spending.

Three of its schools — including the Houston Main Street campus — are on the verge of being closed for repeatedly failing to meet minimal federal standards, and the former celebrity spokesman for the Dallas campuses has turned his back on the nonprofit, advising would-be donors to find other charities to support.

Its top six executives earned a combined $880,000 in 2008, with founder Grant East topping the list with a salary of $236,000 as president emeritus, according to tax documents for that fiscal year. Grant has since retired, and is now drawing $50,000 a year, officials said. Current president Richard Marquez earns more than $190,000 a year. (KIPP charter schools co-founder Mike Feinberg, by comparison, earns a base salary of $115,000, plus a possible $35,000 in performance bonuses...

http://www.chron.com/disp/story.mpl/metropolitan/6833260.html

This one's been a cash cow for years -- & stilllllll ticking.

http://www.texanscan.org/Index.asp
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