Word: charter
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Dates: during 2000-2000
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...more and more places today, the connections are palpable and practical. Colleges are once again helping neighborhood schools by designing curriculums and training teachers, helping write academic standards, and mounting capital campaigns. Some universities are starting charter schools from scratch on their campuses. Five years ago, just two states ran K-16 programs. Today 24 do, according to the Education Commission of the States. That's on top of scores of partnerships involving private colleges...
...architects of Cleveland's program counter that city parents are in no way encouraged to send their kids to religious schools. Parents can choose public magnet or charter schools, which are free and get far more funding per pupil than voucher schools. For this reason, says Clint Bolick, lead lawyer for a group of parents defending the program, "there's actually a disincentive to choose the voucher schools." Bolick argues that if you include magnet and charter schools in the equation, only 16.5% of parents who exercise educational choice send their kids to religious schools...
...targeting runaway stock prices in a bull market? These are provocative questions that take on added weight in America's newfound equity culture. Half of all households now directly own stock or stock mutual funds. We all have a stake in whether the Greenspan Fed has reinterpreted its central charter to include managing the stock market as a means of managing inflation...
...Chubais had proposed to restructure UES by selling off regional subsidiaries at their value at the time. The plan, Browder claims, amounted to "asset stripping, pure and simple." He rallied 45 Western investors, who owned 15% of the company, to call for Chubais' ouster and demand that the UES charter be rewritten to their tastes...
...July, Browder was summoned to the Kremlin, where he helped negotiate a deal to ensure greater transparency in UES. "We got the state [which owns 53% of UES] to vote with us," he crows. In late October all sides struck a deal to tailor the UES charter to take into account minority shareholders' interests. "Chubais will stay," Browder says, "but we've made it impossible for management to strip assets...