Wall Street Connections to Charter Lobbyists
Those wonderful folks at Muckety created a map that shows Wall Street 1%ers funding charter school chains in NY state and elsewhere. What’s interesting to note is that you’ll see lots of banks and “charitable foundations.” It’ll take another Muckety map to tease out the relationships between bank executives and boards of philanthropic foundations.
In order to understand why charter schools are so appealing to the 1%, you’ll also want to see the New Markets Tax Credits map and how this “community development” incentive has been the accelerant fueling bank and hedge fund interest in creating more charter schools. See below.
