Thread regarding Corinthian Colleges Inc. layoffs

Criminal grand jury

Just wondering...does anyone know who would be held responsible in the criminal probe?

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Post ID: @OP+x5E8bMH

7 replies (most recent on top)

Club Fed has a nice tennis court - those CEO's don't have it as bad as typical criminals

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Post ID: @qNH+x5E8bMH

Thanks for whistle-blowing.

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Post ID: @hTq+x5E8bMH

I applaud this Grand Jury inquiry. On one hand, if CCI has done nothing criminal then they'll be fine. Conversely, if they've done anything criminal, we all benefit from outcome.

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Post ID: @Up5+x5E8bMH

More than Jack. I've been whistleblowing for months. I started even before I got a new job because I was so appalled at what I was seeing in financial aid (Socle). I would say that there are quite a few VPs who could face criminal charges - certainly KD.

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Post ID: @guc+x5E8bMH

All of us. We took their money knowing they couldn't read or write.

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Post ID: @C2G+x5E8bMH

Hum... maybe ask any of these guys:

Jeff Skilling, former CEO of Enron

Serving 24 years for fraud, insider trading, and other crimes related to the collapse of Enron

Bernie Ebbers, former CEO of WorldCom

Serving 25 years for accounting fraud that cost investors over $100 billion

Dennis Kozlowski, former CEO of Tyco Serving 8 to 25 years for stealing $134 million from Tyco

John Rigas, former CEO of Adelphia Communications Serving 25 years for bank, wire, and securities fraud related to the demise of Adelphia

Sanjay Kumar, former CEO of Computer Associates Serving 12 years for obstruction of justice and securities fraud

Walter Forbes, former CEO of Cendant Serving 12 years for fraud

Richard Scrushy, former CEO of HealthSouth Serving 7 years for bribery and mail fraud

Joseph Nacchio, former CEO of Qwest Communications

Serving 6 years for insider trading

Sam Waksal, former CEO of ImClone Served 7 years for securities fraud (released last year)

Martin Grass, former CEO of Rite Aid Served 6 years for fraud and obstruction (just released this year)

Jack: Be afraid. Be very afraid.

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Post ID: @3i0+x5E8bMH

Likely you!

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Post ID: @N0j+x5E8bMH

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