The Citizen Kane Era Returns
"Last month, the Denver Business Journal showed that international banking scandals can be a major focus of local reporting. In its article “LIBOR scandal may cost Denver schools money,” the low-circulation trade magazine documented how the interest-rate scandal, which originated in the United Kingdom, could end up bilking Colorado taxpayers of millions thanks to a refinancing plan for schools orchestrated in 2008 by then superintendent Michael Bennet. His controversial scheme placed Denver’s public-school-district pension fund in the hands of the finance industry, which later underwrote his U.S. Senate campaign."
Read more