Kyna Koch, who has been working as a consultant for Fayette County Public Schools to help fix problems found by state Auditor Adam Edelen, is set to continue to work for the next six months. What I would like to see is a state by state listing – 90% of the open job emails I get are not useful to me. The amendment will permit school districts to use federal school aid to hire financial advisors. As budget-strapped Chicago follows a mass school closure with a new plan to layoff more than 1,400 teachers, one set of transactions sticks out: the city’s moves to refinance $1 billion in debt through complex financial instruments called swaps. Based on job cuts at Microsoft and based on Wall Street’s record, the skill set stops with labor reduction, both wages and employment.
The deals were spearheaded over the last few years by financial advisory firms brought in by the city to help find money saving efficiencies. Instead of saving money, though, the Windy City took a big hit: The school system has lost more than $100 million on the transactions and has paid millions in fees to its financial consultants. An enormously profitable jobs program for a few adults at the expense of millions of young people writ large.
My take on the political process is that anytime the politicians deem something urgent” then we should be even on greater guard against the screw job that they are trying to foist on us. Since I said it I know you will challenge it but Title I money is big money and that’s why this amendment was added to the bill: to open up the big money to financial advisors and both of the sponsors are formerly employees of the financial industry that will benefit from this largesses before becoming senators. It’s a lot of money that won’t be going to teachers and students but to already rich financial people.
The top tier selling point from the capital markets and Silicon Valley was that reform” would lead to an education that led to future good paying jobs for students. Pru Life agents undergo series of trainings and go as far to take their masters degree and certification diploma to become Certified Financial Planners. An overlooked source of working capital: Do a better job of business finance negotiating.
This Blog is made by Rowena Yap, a Licensed Financial Consultant for Pru Life U.K. but this site is used for educational purposes only and to give general information and personal opinions based on life stories and experiences. You know, right now I’m just hoping that the farmers in the US will will get the financial help they need. This provides you and your family financial assistance to keep on living comfortably.