Express this:

Don’t scream to possess ITT. Judging regarding all the accusations that have been generated contrary to the ITT in recent years, its leaders simply have by themselves to blame for the company’s failure.

Not surprisingly, ITT authorities or other apologists towards the business, for instance the article publishers at the Wall surface St. Journal, can’t stand you to definitely cause. They want to represent ITT as actually some other sufferer out-of the newest Obama’s “regulatory assault” into to have-cash advanced schooling business. Nevertheless they usually do not establish why Western taxpayers should continue steadily to assistance a company that appears having on purpose defrauded youngsters, investors, in addition to government, if you are raking within the vast amounts of cash in federal educational funding the 12 months.

When preparing into every blowback the fresh Light Family and you will new You.S. Agencies from Degree will most likely rating since ITT enjoys theoretically power down, I was thinking it might be useful to provide short term summaries of brand new accusations that state and federal regulators and you can previous team has made up against ITT during the last a decade. It color a frustrating picture of a friends you to enriched their frontrunners at the same time it damage students, tricked investors, and put in itself to the a fail direction so you’re able to monetary failure. Continue reading “ITT Managers Just have By themselves to be blamed for the company’s Demise” →