We got a copy of the Daily News story that got axed late last night. according to Gotham Schools. The original article, by Meredith Kolodner, about the personal wealth of some top Tweed officials, disappeared after a brief appearance on the web, after an angry call from DOE.
After a slew of negative revelations about the way Tweed botched the Gifted and talented admissions process so that it became much less diverse, schools have remained hugely overcrowded, they are paying through the nose for personal couriers and consultants, and the $80 million supercomputer ARIS that is a massive failure and waste of money, one wonders why the extreme sensitivity on this particular issue?
In any case, a very enterprising techie got the whole story somehow off the web and delivered into our inbox.
The funniest part of the article is this: "[David] Cantor also noted that other top DOE officials were not multimillionaires and that two of the chancellor's roughly 20 senior advisers were life-long educators." Wow! that's impressive indeed. Two out of twenty; wonder how they survive.
Smith for News
Schools Chancellor Joel Klein's building on
Klein with Garth Harries, who oversees creation of new schools and boasts investments of up to $6 million. Also pictured with Klein is former aide Kristen Kane.
City schoolkids and their families may be feeling the pinch of hard times, but some top Education Department officials are rolling in dough.
While family income for most kids attending public school is well under six figures, at least five senior DOE advisers had salaries and investments that totaled between $1.7 and $6 million each last year, financial disclosure records show.
That's in addition to multimillion-dollar homes and the odd BMW and boat.
Some parents are concerned.
"It exposes a degree of insularity in this administration," said David Bloomfield, a parent member of the Chancellor's Citywide Council on High Schools. "It lends credence to the charge that the most powerful people in the school system are out of touch with average parents."
"You can't really run a school system if you don't understand how the people are living and if your kids don't have to go to the schools," said Theresa Diamond, whose son Tony is in the 10th grade at Benjamin Banneker Academy in Fort Greene.
"Having that kind of money, it's hard not to be out of touch, because you don't have to deal with the same kinds of things as everyone else," she said.
The department's chief operating officer, Photeine Anagnostopoulos, was sitting on stocks and bonds worth anywhere from $2.2million to $4.8 million. Her home in leafy Bedford Hills in Westchester
Deputy Chancellor Christopher Cerf, who once ran the controversial for-profit education company Edison Schools, had between $1.8 million and $3.3 million in mutual funds and bonds, including a private retirement package worth more than $500,000.
Klein lives in a snazzy rental on
Garth Harries, who oversees the creation of new schools, has investments that total between $3.9 million and $6 million.
The head of the agency's technology unit, Theodore Brodheim, reported stocks and partnership investments totaling between about $2 million and $4 million.
Supporters point out that Klein, who makes $250,000 a year, took a big pay cut to work for the city.
"We're proud that people who can and did make more money in the private sector would choose instead to devote their talents and energies to improving the education of the students of New York City," DOE press secretary David Cantor said in an e-mail.
Cantor also noted that other top DOE officials were not multimillionaires and that two of the chancellor's roughly 20 senior advisers were life-long educators.