Charter Management Organizations Take Aim at Los Angeles Unified School District

The Green Dot Public Schools are backed by the West Coast’s most famous venture philanthropists, Microsoft’s Bill Gates and KB Homes/SunAmerica founder Eli Broad. Eli may be most famous for being the only man to start two Fortune 500 companies, but, more recently, Mr. Broad has come under fire for KB Homes’ dire financial situation and SunAmerica’s connections to AIG, which purchased Eli’s retirement giant for $18 billion in 2000. Gates, of course, is well known for ruthlessly dominating much of the computer industry, and the anti-trust lawsuits filed against his corporation are testament to the no-holds-barred mentality behind his business practices