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Teachers: Are Your Pension Funds Invested with Dan Loeb? by Diane Ravitch

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"Norm Scott, retired NYC teacher and active fighter against corporate reformers, posted a four-year-old article by Matt Taibbi about billionaire Dan Loeb, whose hedge fund solicits money from pension funds. Dan Loeb is the guy who recently made headlines by slandering a black legislator as worse than the KKK. He is the chair of Success Academy Network. He hates teachers’ unions, but he loves their pensions. TAIBBI’s article is a must-read. Taibbi reminds us that Randi Weingarten took the lead in removing from his fund any pension funds she has anything to do with.  Does your pension fund invest with Loeb’s hedge fund?" asks Diane Ravitch.

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At dianeravitch.net

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