Devastating Reports: ITT Tech Killed Itself
|09/23/2016||Posted by BusinessMediaguide.Com under General World News||
Two new reports — one from a journalist, the other from an investment research firm — confirm in stark terms that former ITT Tech CEO Kevin Modany, his top lieutenants, and the company’s board of directors have only themselves to blame for the company’s collapse.
ITT shut its campuses and declared bankruptcy after the U.S. Department of Education, citing a range of questionable business practices, banned the company from enrolling new students using federal grants and loans. In a typically self-pitying, remorseless statement, ITT blamed all its woes on the Department. The Wall Street Journal editorial board, read more >>>