NYC preschool admission follies

The New York Times has been on this story for a few days now: questions are being raised about a seemingly irregular $1M donation from Citicorp being the price of admission for well-connected twins into the 92nd Street Y preschool -- a story that now seems to have been confirmed (scroll down). The twins' father not only pulled strings, hard, but also altered stock recommendations to grease the skids. The SEC is interested.

Posted by David on November 17, 2002 2:57 PM