Document Type
Article
Publication Date
Winter 2018
Publication Citation
93 Indiana Law Journal 1121 (2018)
Abstract
INTRODUCTION
OVERVIEW OF ENRON
A. ENRON AND DEREGULATION
B. THE LJM SPES
C. ENRON’S COLLAPSE
II: ENRON’S GATEKEEPER PROBLEMS
A. ARTHUR ANDERSEN
B. INDEPENDENT ANALYSTS
C. CREDIT RATING AGENCIES
D. ENRON’S BOARD OF DIRECTORS
E. SECURITIES AND EXCHANGE COMMISSION (SEC)
III: CHARTER SCHOOLS AND RELATED-PARTY TRANSACTIONS
A. CHARTER SCHOOL DEREGULATION AND PRIVATE INVESTORS
B. EXAMPLES OF ENRON-LIKE RELATED-PARTY TRANSACTIONS
1. IMAGINE SCHOOLS
2. IVY ACADEMIA CHARTER SCHOOL
3. AMERICAN INDIAN MODEL CHARTER SCHOOLS
4. GRAND TRAVERSE ACADEMY
5. PENNSYLVANIA CYBER CHARTER SCHOOL
C. THE FEDERAL GOVERNMENT, RELATED-PARTY TRANSACTIONS, AND THE NEED FOR STRONG GATEKEEPING
IV: CHARTER SCHOOL GATEKEEPERS
A. AUDITORS
B. CHARTER SCHOOL GOVERNING BOARDS
C. CHARTER SCHOOL AUTHORIZERS
D. STATE EDUCATION AGENCIES (SEAS)
E. U.S. DEPARTMENT OF EDUCATION
CONCLUSION
Recommended Citation
Green, Preston C. III; Baker, Bruce D.; and Oluwole, Joseph O.
(2018)
"Are Charter Schools the Second Coming of Enron?: An Examination of the Gatekeepers that Protect Against Dangerous Related-Party Transactions in the Charter School Sectors,"
Indiana Law Journal: Vol. 93:
Iss.
4, Article 5.
Available at:
https://www.repository.law.indiana.edu/ilj/vol93/iss4/5