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  • Liz Dwyer

    On the one hand, I'm glad that they stepped up to do this because no child should have been denied Head Start because of the government shutdown. On the other hand, I know there are MANY critics out there of this move because John Arnold made his coin through Enron--they rigged energy prices--and he has been a huge advocate for slashing benefits for retirees.

    This article (http://www.rollingstone.com/politics/news/looting-the-pension-funds-20130926?print=true )by Matt Taibbi in Rolling Stone breaks it all down:

    "As Enron was imploding, Arnold played a footnote role, helping himself to an $8 million bonus while the company's pension fund was vaporizing. He and other executives were later rebuked by a bankruptcy judge for looting their own company along with other executives. Public pension funds nationwide, reportedly, lost more than $1.5 billion thanks to their investments in Enron." So this does get more than a little side eye from me.

    I also wonder what will happen when the shutdown ends and Congress gets Head Start back up and running. Will the money given by the Arnold's supplement the money coming from the government? What happens to that cash?