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https://www.wsj.com/articles/daniel-loebs-racially-charged-post-could-be-sticking-point-for-expansion-of-success-academy-charter-schools-1503358934
The head of a group that approves New York charter schools said Monday that it would be “very difficult” for Success Academy Charter Schools to expand if hedge-fund manager Daniel Loeb doesn’t step down from the charter network’s board in light of his recent racial remark.
In a Facebook post this month, Mr. Loeb said state Sen. Andrea Stewart-Cousins, a black Democrat who serves as state Senate minority leader, had done “more damage to people of color than anyone who ever donned a hood” because of her loyalty to unions, according to a screenshot reported in the New York Times.
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This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.