Thread regarding Corinthian Colleges Inc. layoffs

Money is dwindling.

California's 60 day suspension of VA funds is now permanent. No vets or Active Duty or Retired in California will receive any VA or GI bill funding to attend school at Corinthian Colleges.

More and more income sources are being cut off for CCI.

There will also be a special airing tonight about CCI and other For Profit schools.

http://sacramento.cbslocal.com/video/10532695-calvet-withdraws-funding-for-student-veterans-attending-corinthian-colleges/

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| 621 views | | 13 replies (last September 10, 2014) | Reply
Post ID: @OP+xwCRxuT

13 replies (most recent on top)

We all know it doesn't matter. We are all looking for a job. We know we probably won't make it til December. We know money is being cut off from all kinds of sources every week. We know they might extend our 10% pay cut. We know the Executives are blood sucking leaches. We know you date your cousin.

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Post ID: @E7z+xwCRxuT

894, thanks Captain Obvious. You're a real genius. Why do you come onto this site and yell at us shit we already know? You are so freaking annoying.

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Post ID: @KNi+xwCRxuT

907, what difference does it make anyway? Your big speech and argument CCI schools are imploding. We know that. They're closing. We know that. Why are you here lecturing us? We already f***ing know.

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Post ID: @Tyn+xwCRxuT

It's planned and only for tax withholding.

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Post ID: @O1d+xwCRxuT

I assumed that was already permanent. I also believe it's just the beginning. However, does it really matter? That six month clock is ticking, so there isn't much time left anyway.

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Post ID: @hwS+xwCRxuT

Well in that case the Assholes knew a year ago. That's even worse.

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Post ID: @EWF+xwCRxuT

Sakes were new. But we were told about it quite awhile ago via internal email. The plan of stock sales was scheduled prior to June 2014, but I don't know if it was a year.

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Post ID: @czs+xwCRxuT

And of course our CEO a good portion of his last month in August a total of 9 million dollars worth of shares.

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Post ID: @Hgn+xwCRxuT

No. The sales just happened but they had to get prior approval for them. And you don't need to lecture us.

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Post ID: @4Au+xwCRxuT

For example, "Consists of shares withheld by the Issuer with respect to income taxes payable by the Reporting Person upon vesting and delivery of shares of common stock underlying restricted stock units previously granted by the Issuer on September 4, 2013, with the vesting schedule in three equal installments on September 4, 2014, September 4, 2015 and September 4, 2016."

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Post ID: @UhT+xwCRxuT

No Smart A$$ these are new. Do YOUR homework.

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Post ID: @smS+xwCRxuT

Those stock sales were announced a YEAR ago. Do your homework.

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Post ID: @rcA+xwCRxuT

People when the Executives sell their shares of CCI at .15 cents a share at the same time, then you know something is up. They did this last week, so they know something is about to go down and it won't be pretty. That is your LAST and FINAL clue that this company won't be around long. They know the stock is not going back up, not from a sale, not from a recovery, not from anything. They know the company is a done deal. Think about it, would you desperately sell your shares at .15 cent share if you thought there was hope that it would go back up. No you would only do that if there is a smoking gun that will put make the company hit rock bottom and ultimately go bankrupt. Four CCI Executives did this on the Same day.

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Post ID: @txZ+xwCRxuT

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