Thread regarding University of Phoenix layoffs

Just look at nasdaq.com to see inside trade activity for APOL...

Usually there are lists of "automatic" sales listed. But over the last several months, it appears that your executives have been directly selling off their stocks. This past year I've been watching them dump millions worth just before quarterly results are released. I saw an article on this very thread listing Bill P (along with many others) being investigated for insider trading. Shortly after he retired. Oh... and that article was "magically" deleted as well.

We never heard what the HLC was investigating regarding Apollo's business practices. I'm speculating when I say inside trading. But... since we're public, just break out your calculators and add up how much Capelli and his cohorts have made on stock sales alone in the last year. Then ask yourself, "Why do we charge so much for our degrees?"

When you do, you will feel like part of the problem in for profit. Like I did.

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Here you go...

http://www.nasdaq.com/symbol/apol/insider-trades

Greg Cappelli, during the WFS "restructuring" in October, sold stock and made $412,743.70 in one day. While you interviewed to keep your jobs, despite his inflated salary, he dumped over 16,000 shares making more on that day than most of you have made in your careers at Phoenix.

Not to mention they gave around 8 weeks of severance to employees who dedicated almost 10 years of their life to his business.

Be sure to give him a standing O at your next All Hands.

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