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Politics : The Donkey's Inn -- Ignore unavailable to you. Want to Upgrade?


To: TigerPaw who wrote (7709)9/29/2003 10:33:16 PM
From: Mephisto  Read Replies (1) | Respond to of 15516
 
" Florida's state employee pension fund announced it was buying
up all of Edison's stock and taking the company private
--- for a cool $174 million. That's got to be the shrewdest investment
the fund has made since it bought millions of shares of Enron just as the company entered its
death spiral --- including 1.3 million shares just two weeks before the company declared bankruptcy.

As the St. Pete Times aptly noted yesterday, this gives "Florida the distinction
of being essentially the sole owner of the nation's largest and perhaps most financially imperiled
school management business."

The three member board of trustees of the fund is chaired
by Florida Governor Jeb Bush."

talkingpointsmemo.com
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Awhile back, I heard the Edison school was a disaster financially.
And JEB BUSH buys Whittle's company!