Thread regarding Corinthian Colleges Inc. layoffs

CCI burning through a LOT of cash

CCI doesn't have as much cash as you think. It's down from $46 in Sep. 2012 to $37 million in Sep. 2013. It's losing about $6 million a quarter. CCI is probably looking at a $1 Million legal bill with regards to the CA AG lawsuit. $37 million won't go very far assuming CCI wants to keep up the facade that everything is going well.

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