[lbo-talk] David Carr vs. Waiting for Superman

michael perelman michael.perelman3 at gmail.com
Mon Dec 20 18:58:07 PST 2010


http://www.nytimes.com/2010/12/20/business/media/20carr.html?ref=business

"... Which is odd when you think about it. If you are looking for an American institution that failed the public, made resources disappear without returning value and lacked accountability for its manifest sins, the Education Department would be in line well behind Wall Street. By now, the notion that business is a place built on accountability and performance should be as outdated as the one-room schoolhouse. Ask yourself, what would happen if American public schools were offered hundreds of billions in bailout money? One outcome is not in the cards: its leaders would not end up back at the trough so quickly, sucking up tens of millions in bonuses as Wall Street has."

-- Michael Perelman Economics Department California State University Chico, CA 95929

mperelman at csuchico.edu

530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com



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