Coming soon to a classroom near you: History textbooks that stress the “Christian origins” of the United States, play up the historical importance of figures like Phyllis Schlafly and Newt Gingrich, and examine the “unintended consequences” of the civil-rights movements and Title IX. The brouhaha over Texas’s efforts to pass these new conservative history standards—which are expected to be finalized later this spring—could have national repercussions. That’s because Texas is “a huge market leader in the school-textbook industry,” says the Associated Press. “The enormous print run for Texas textbooks leaves most districts in other states adopting the same course materials, so that the Texas School Board effectively spells out requirements for 80 percent of the nation’s textbook market.”
Daily Archives: March 16, 2010
In a “desperate attempt” to salvage his New York bank, longtime finance executive Charles J. Antonucci Sr. allegedly lied to regulators to receive around $11 million through the U.S. government’s Troubled Asset Relief Program. The former president and chief executive of Park Avenue Bank of New York is the first person to be charged criminally with attempting to defraud TARP, The Wall Street Journal reports. He’s also been accused of bribery and other crimes, including “accepting free plane rides from a bank customer and stealing $103,000 from pastors of a church.” The bank, which specialized in commercial real-estate loans, failed on Friday after piling up more than $27 million in net losses last year. Antonucci could face up to 30 years in prison for each fraud or embezzlement charge.
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