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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Lists don't do anything if there is not follow-up. If you read their response to Mendelson they say they didn't think Eagle's CEO also serving as CFO was a risk. Once it was identified as a governance risk the school said they'd fix it. Except they never did and the PCSB didn't follow-up.

Scariest thing about Eagle is not that it happened, it is that PCSB doesn't see anything they did wrong or could improve. Which means it will happen again.[/quote]

It seems like they do acknowledge missing the Nevada thing and will change policy on that.

I still don't really get how the merger went forward and then was shot down. Like something changed that isn't being disclosed. Or the staff just got out over their skis.[/quote]

Mergers never really go forward until the charter board votes. What's unusual here is that it is the first time that the board voted against a merger. It is not, however, the first time that the charter board has voted against its own staff recommendation. It's unusual but it does happen and seems to be happening more with the current group of board members.

The board itself had disagreement among its members. If you watch the July financial corrective action plan meeting, there were members who encouraged Eagle to move swiftly to a merger/takeover. Yet at the board meeting after that there were members who said they didn't agree that Eagle should be able to do a merger/takeover because they would be avoiding accountability. It's sad all around for the kids/parents who had to find new schools within a couple of days of school starting. It's too bad time was wasted when in July parents could have been told. They also could have been toldlast year when Eagle's bad finances were clear to the PCSB.[/quote]

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