Poll: Stanford top local business story

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The $7 billion Ponzi scheme at the heart of Stanford Financial Group is the top local business story of 2009, according to people who took a Daily Report poll. Forty percent of the people who responded to a survey selected the Stanford scandal, which wiped out an estimated $1 billion in local investments. Thirty percent say the failure of Mayor Kip Holden’s $901 million bond issue was the biggest news of the year, 13% selected the massive state budget cuts that hit health care and higher education, and 12% chose Baton Rouge’s strong economy in the face of a worldwide recession as the biggest event of the year. Nearly 1,500 people participated in the survey.

Today’s question: Should teacher pay be based on student performance?

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