An investigation has concluded that the chairman of the Washington, D.C., public charter school board did not violate the city's conflict-of-interest law when he took official actions involving schools, landlords or developers financed by his bank. But District of Columbia Attorney General Peter Nickles called on the charter board to adopt more stringent ethics rules "to avoid potential problems in the future."To read The Washington Post article, click here.
FROM DECEMBER 2008: Much of the $1.6 billion in local and federal funds spent on Washington, D.C., charter schools in the past dozen years has gone to buy, lease and renovate school buildings that are now in private hands, creating some of the best-equipped facilities in the city. But the funding network is marked by conflicts of interest among key members of the public bodies that regulate and fund the schools, some of whom are bankers and developers.
To read The Washington Post article, click here.
