"This peer-reviewed article which investigates whether the charter industry is repeating the errors of Enron. appears in the Indiana Law Journal. Here is the abstract: “In 2001, Enron rocked the financial world by declaring bankruptcy due to the effects of an accounting scandal. Special purpose entities (SPEs) were instrumental to Enron’s demise. Enron parked assets in the SPEs to improve its credit rating. In this article, we discuss how some charter school officials have engaged in Enron-like related-party transactions. We also identify several measures that can be taken to strengthen the ability of charter school gatekeepers to protect against this danger."
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At dianeravitch.net
At dianeravitch.net
