From: CorpWatch [mailto:[log in to unmask]]
Sent: 21 June 2002 04:15
To: [log in to unmask]
Subject: Edison Company's Failing Grade
WHAT'S NEW ON CORPWATCH
Holding Corporations Accountable <http://www.corpwatch.org>
June 20, 2002
EDUCATION INDUSTRY
Edison's Failing Grade
http://www.corpwatch.org/issues/PID.jsp?articleid=2688
A year ago, Edison Schools, Inc. was flying high. With 133 schools under
its control, Edison had quickly become the nation's largest for-profit
manager of public schools. But Edison has racked up $250 million in
losses since it began. The company announced June 3rd that it had
secured the $40 million investment it needs to open school in the fall.
But the futures of 74,000 kids in Edison schools from Maryland to
California remain tied to a company that is financially unstable.
Edison's economic troubles raise renewed questions about the wisdom of
turning public schools over to for-profit corporations --
and could pose a major setback for the school privatization movement.
TAKE ACTION!
Support the CWA Organizing Drive at California's Chinese Language
Newspaper
http://www.corpwatch.org/action/PAA.jsp?articleid=2809
How long does it take to get a union recognized? For workers at the
Chinese Daily News in Monterey Park, California, it may take years.
That's because the Chinese Daily News has told its workers that it
intends to keep CWA out by refusing to bargain.
TAKE ACTION! Please go to the CWA website
<http://www.cwa-union.org/international/uniteddailynews/> to send a
message letting the newspaper's parent company know we will not stand
for this treatment of our union colleagues. When they take on one of us,
they take on all of us!
IN THE NEWS
http://www.corpwatch.org/news/PNR.jsp
*USA: Poor Countries Reject GMO Food Aid
*World: The Blight of Eco-Tourism
*USA: Gay Shame
*World: New Survey Shows 2001 Grim for Trade Unions
*USA: Judi Bari vs. John Ashcroft
*World: Climate Shift Feeds Desert Growth
*USA: Glacier Threatens Alaskan Fishing Village
BULLETIN BOARD
http://www.corpwatch.org/bulletins/PBR.jsp
*Concerned Citizens of Norco Reach Agreement with Shell Chemical
*AFL-CIO Looking for Researchers
*Union Wins Strike Against Cement Company
What's New on our sister site CorpWatch India?
http://www.corpwatchindia.org
TAKE ACTION!
Stop IFC Loans to Indian PVC Factory!
http://www.corpwatchindia.org/action/PAA.jsp?articleid=1784
Villagers from a chemical industrial estate in Cuddalore, Tamilnadu, and
public interest groups are opposing the setting up of an International
Finance Corporation-funded factory for manufacturing poly vinyl chloride
(PVC) plastic by Chemplast Corporation. PVC is a plastic whose
production, use, recycling and disposal are known to release dangerous
poisons, including cancer-causing chemicals such as dioxins and vinyl
chloride. Dioxin is a persistent organic pollutant slotted for
elimination under the UN-led Stockholm Convention on Persistent Organic
Pollutants.
The IFC has been approached for a loan of $20 million by Chemplast. A
vote on the loan by its Board of Directors is set for 27 June 2002 in
Washington D.C.
TAKE ACTION NOW by sending a FREE FAX to the Executive Vice President of
the International Finance Corporation, demanding that they cancel the
loan application from Chemplast.
http://www.corpwatchindia.org/action/PAA.jsp?articleid=1784
Want more background? See "Opposing PVC, Opposing IFC" on CorpWatch
India: http://www.corpwatchindia.org/
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