Number	19805
Subject	Schools
Source	Bloomberg News (New York)
State	NY
Year	2002
Publication Date	Feb. 13, May 14, Aug. 8, Oct. 10
Summary	A Bloomberg News investigation shows how Edison Schools Inc. -- "the largest private manager of public schools in the U.S. -- artificially inflated its annual revenue by 41 percent in filings with the Securities and Exchange Commission." Other findings are that Edison booked revenue from the Sherman, Texas, school district, and that budget problems prevented the company from providing textbooks for schools in Pennsylvania.
Category	Contest Entry
Pages	27
Keywords	finances;overspending;SEC;accounting standards;privatization of education;stocks and bonds;business
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