The report reveals details on the earnings of Reading First advisors, their engagement with publishers, and their decision to distance themselves from new industry Voyager in favor of the old industry publishers. It's worth pointing out that Voyager paid consulting fees while the publishers are still paying royalties. The authors/advisors' incentive to "work the system" clearly ran toward the publishers. This may explain why, from the materials investigators have uncovered so far, Voyager does not seem to have benefitted in any overt way in from its relationship with the group.    more »

Quoting right-of-center Finn's defense of Reading First's peer review process in the "Political Risks" subsection of your business plan will do more to discourage investment than a thousand anti-privatization quotes from NEA's Reg Weaver.   more »