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Here's another great entry in Josh Marshall's blog about Edison Schools and how, near bankruptcy, they've been saved by...none other than the Florida's State Employee Pension Fund, which has gobbled up the remaining shares at under $1.00 to take it private. Not necessarily a bad thing, except that it's chairman stole $9 million from the company and guess who's on the Florida State's Pension Board - none other than the Florida governor, Jeb Bush himself. Unbelievable.

Josh Marshall is much more articulate about this...please check out his blog :)

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