Former Chicago Public Schools CEO Barbara Byrd-Bennett apologized to students, parents and educators in a statement to the media as she exited federal court last month.

Feds: Ex-CPS CEO ‘fraudulently’ steered $40M contract in Detroit

Excerpt: “An FBI agent believed corrupt former Chicago Public Schools CEO Barbara Byrd-Bennett worked to “fraudulently steer” a $40 million contract to one of the country’s biggest educational publishers while she worked for the Detroit schools, according to records obtained by the Chicago Sun-Times… In the sealed affidavit from more than 2-1/2 years ago, FBI Special Agent Joseph Richard Jensen told the judge he thought Byrd-Bennett “worked with and through” longtime aides Sherry Ulery and Tracy Martin and Houghton Mifflin Harcourt executive John Winkler in a fraudulent scheme. In the Detroit deal, Houghton Mifflin Harcourt was paid about $40 million in federal stimulus funds.  The feds told the judge an “unusual financial transaction” took place about three weeks before the contracting process for the Detroit deal began. Records show the FBI’s “analysis of bank account belonging to Barbara Byrd-Bennett shows a deposit into her Money Market account on July 20, 2009 in the amount of $26,530.26 from ‘Houghton Mifflin Harcourt.’”