There aren't many education folks who are also hedge fund managers. In fact, Whitney Tilson is the only one I know. Here, Tilson answers a few questions you might have about bailouts, blame, and Obama:
This is all your fault, right?
WT: My partner and I have been shouting from the rooftops -- at
conferences, on TV, in newspapers and on our web site -- to anyone who
would listen about the oncoming mortgage train wreck. In mid-March, we
posted our presentation laying it all out.
Why, exactly, should teachers and district administrators be FOR the bailout?
WT: Financial meltdowns aren't pretty -- think mass layoffs, your credit and ATM cards not working, not being able to borrow any money, etc.
You're for Obama. You're for the bailout. Therefore, educators should be against Obama. Right?
WT: Educators (and everyone else) should be for Obama AND for the bailout!