Word: chartering
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...those typical "holy crap" dotcom-era stories - Zitzner had sold his company and become "a very modest millionaire." Fantastic. And in one of those typical "What do I do with all this money?" stories, he decided to help make the world a better place - specifically by co-founding a charter school in Cleveland. (Read TIME's report: "How to Raise the Standard in America's Schools...
That was three summers ago. Fast-forward to last Monday, when Zitzner was in the audience in Washington as Secretary of Education Arne Duncan appealed to a gathering of charter-school operators to "adapt your educational model to turning around our lowest-performing schools." For months now, Duncan has talked about closing 5,000 - or about 5% - of the nation's lowest-performing public schools. By throwing down the gauntlet to charter schools, Duncan is challenging an industry that has become very proficient at opening up brand-new schools, but has very little experience in going into a preexisting school...
...Kent Conrad over the weekend proposed the creation of "consumer health cooperatives." The idea, in essence, is to create a public option that isn't technically public at all; according to a one-page Conrad proposal circulating this week, state or regional nonprofit cooperatives would be created by federal charter and be member-owned and operated by boards of directors. The co-ops would operate by the rules of the insurance exchange and be capitalized by initial federal seed money. Conrad has compared the model to an HMO-like health cooperative operating in Washington State, but also, oddly enough...
...that consumer products are still not flowing between continents. The price for a 20-foot equivalent unit (TEU) container on an East Asia-to-Europe voyage is reportedly currently maxing out at a paltry $500. Though the pace of the drop in rates has slowed, there are signs that charter prices have still not bottomed out, having dipped below the record lows of the 2002 stock-market crunch. According to London ship broker Clarkson, a 3,500-TEU gearless Panamax vessel - the largest vessel that can go through the Panama Canal - pulls in $6,500 a day, down...
...administrators note, HMS—unlike many other medical schools—does not own or operate its affiliated hospitals. The hospitals are independent, non-profit entities, each under its own public charter and governed by its own board of trustees...