Thread regarding Corinthian Colleges Inc. layoffs

6 Everest campuses will be approved for small individual buyers on Tuesday

6 Everest campuses will be approved by Barclays and Fitzpatrick on Tuesday. Since COCO can no longer sell student loan debt to generate revenue to meet payroll, the DOE and Barclays will approve the purchase of 6 Everest campuses. This immediate sale will generate much needed cash so as to meet payroll until the sale to ECMC is finalized. List of the 6 campuses that will be sold is for now, confidential .

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| 441 views | | 8 replies (last August 31, 2014) | Reply
Post ID: @OP+xl00YtE

8 replies (most recent on top)

What does Barclays have to do with it? The monitor does not approve of it either, it is the DoE not the monitor who has final say. If it is true and you happen to come back what is the status of the BoP? If you know then you would know what the BoP is.

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Post ID: @1mmT+xl00YtE

Why bother to keep the names of the schools confidential. Oh that's right. No actual buyer.

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Post ID: @DaZ+xl00YtE

And when there's no announcement, another buyer for next week will be posted here.

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Post ID: @WGS+xl00YtE

Save jobs and dreams.

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Post ID: @dSv+xl00YtE

Buyers are just coming out of the closet to buy dying schools!!!

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Post ID: @WXG+xl00YtE

Right. More fake buyer rumors.

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Post ID: @Ysh+xl00YtE

whatever, dude.

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Post ID: @ZeK+xl00YtE

I'll take no announcement on Tuesday.

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Post ID: @0yY+xl00YtE

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