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...last day of school, the students are hard-pressed to recall anything useful or even memorable that they learned. They have, in effect, been babysat, kept off the streets. We gain the strongest impression of the education machinery taking a little rest before clanking onward, in the largest sense indifferent to the needs of its charges, the best efforts of its functionaries. We guess that the smart kids will come out all right finally. We also guess that none of the troubled ones will suddenly become untroubled, saved somehow from mediocrity or worse. In its appraising reserve, its avoidance...
...nation's largest accounting firms to the list of watchdogs and regulators that didn't catch the multibillion-dollar Madoff investment scam...
...outside firms, which would then funnel the money they received from investors to Madoff. Unlike Madoff's, all the firms running feeder funds had well-known accounting firms listed as their auditors. So, for instance, when investors put money in the Rye Select Broad Market fund, one of the largest Madoff feeders, its statement said that their investments had been audited by KPMG...
...Duncan, 44, has overseen the nation's third-largest school district and its more than 400,000 students for the past seven years. He's considered by most to be a quiet consensus builder. In Chicago, his knack for forging alliances can be seen in his strong relationship with the local teachers' union despite his embrace of reforms the union is leery of, including school choice, pay for performance and a willingness to close down failing schools. "Duncan mirrors the President-elect's style of governing - get all sides around the table, listen carefully and experiment with meaningful reforms," says...
...both teachers and students as well, and suggested opening the country's first gay-friendly high school. In each of these endeavors, he has tried to get the backing of Chicago's often recalcitrant teachers' union. This effort has earned him praise from both of the nation's largest teachers' unions. (See pictures of a diverse group of American teens...