Academic

DEPARTMENT OF EDUCATION SCANDAL UPDATE: Coburn Calls For Investigation in Scandal Over Education De?

By Glenn Reynolds

DEPARTMENT OF EDUCATION SCANDAL UPDATE: Coburn Calls For Investigation in Scandal Over Education Department Tipping Traders on For-Profit College Regulation:

Oklahoma Republican Sen. Tom Coburn blasted the Education Department Wednesday for what he called ?very significant inappropriate behavior in tipping hedge funds on short selling private education? and called on a key Senate panel to investigate the matter.

Coburn was referring to documents released last week by Citizens for Responsibility and Ethics in Washington (CREW), a watchdog group that has called for federal authorities to investigate market manipulation by famous Wall Street short-seller Steven Eisman.

Coburn said the charges even could result in jail time for Education Department officials.

Ya think?

UPDATE: And don’t forget that General Accounting Office scandal involving for-profit schools. It’s like there’s some coordinated thing going on or something.

Full post as published by Instapundit.com on March 03, 2011 (boomark / email).