Can anyone help me understand the rationale behind ECMC acquiring a company whose ruthless 'leaders' ran into the ground while defrauding the government.....AND.....deciding to keep said leaders in place? C'mon, Michael Stiglich cannot be a part of a turnaround when he was steering the ship right into the iceberg that sank it!
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Gary Gaetano? Really??? Who is next Kenneth Fowlie?
You should also consider who enticed ECMC to buy from the beginning. Collusion is not uncommon in this company.
It all makes sense if you consider that no one plans to do a turn-around. Zenith is just a temporary vehicle to keep the wheels in motion until student population decreases to a level more tolerable for DOE for loan forgiveness.
I told you, different name but same game.
Good point. Post it on ECMC and Zenith site