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Bill de Blasio, Andrew Como & Charter Schools Don't Mix Well

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Mark Melin
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It might have escaped the radar like someone missing the news because they didn't wake up on time, but the feud between one-time friends New York Governor Andrew Como and New York City Mayor Bill De Blasio might have hit its sizzling point over a divisive hedge fund issue: charter schools.

As the six-foot, five inch frame of de Blasio looks down upon the friend who once ran the U.S. Housing and Urban Development (HUD) when he worked there, de Blasio now considers former HUD Secretary and now Governor Como “a hostage to Wall Street bankers and hedge-funders,” an October Vanity Fair article observes. The man who is late to numerous morning...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.