Big Money Behind Los Angeles School Reform Movement
Funding comes from across the political spectrum
hey hail from New York, the Silicon Valley, Arkansas, Los Angeles and elsewhere. They are a rich and diverse lot, including Republicans, liberals, Hollywood notables and international corporate executives.
New York Mayor Michael Bloomberg, L.A. philanthropist Eli Broad, Netflix founder Reed Hastings, pomegranate juice titan Lynda Resnick, anti-Obama mega-donor A. Jerrold Perenchio and the widow of Steve Jobs.
Together, they smashed records for spending by outside groups in last month's L.A. Board of Education elections. These major donors poured about $4 million into the Coalition for School Reform, a political action committee spearheaded by Mayor Antonio Villaraigosa.
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