In April, the union included the four billionaires on its “watch list” of money managers that support groups the labor organization said are hostile to traditional public pensions. The groups included StudentsFirst, an organization that backs eliminating tenure and funding charter schools at the same level as public ones.
“Some of you in this room have come under attack for supporting charter-school education reform and freedom in general,” Loeb told the audience. To show opposition to Weingarten, the “leader of this attack,” Loeb, 51, boosted his pledge to the nonprofit Success Academy Charter Schools in New York City, where he’s a director, to $3 million from $2 million.
