Snapple Deal: Where's the Money, Chancellor Klein?
First, Snapple gets a deal for $126 million without a competitive bidding process; then, no schools see the money from this deal.
William Thompson Jr., New York City Comptroller, has raised serious questions about how Snapple won a very lucrative deal worth $126 million as the only beverage supplier for New York City. Schools must carry only Snapple products, and supposedly were supposed to see some very needed funds as a result. No one has seen any return on this investment, therefore we are asking: Chancellor and Mayor, Where's the Money?