NAF employment is considered federal employment. It is, however, different from federal civil service employment because the monies used to pay the salaries of NAF employees come from a different source. Civil service positions are paid for by money appropriated by Congress.
The genesis of the CBO (collateralized bond obligation) and CLO (collateralized. loan obligation) market occurred in the late 1980s with the repackaging of high-yield, speculative-grade bonds or loans into highly rated paper.
The hypothesis behind their investments is that a cohesive leadership system (CLS) â one that spans state agencies and districts and consists of well-coordinated policies and initiatives addressing leadership standards, training, and the conditions principals face â will increase the capacity of principals to improve instruction in their schools.