Thread regarding Corinthian Colleges Inc. layoffs

859 are you living under a rock? White collar criminals are going to prison more now than ever before. I believe the Feds may reach all the

way down to the Directors level based upon my conversations with the FBI task force. It is nonsensical that whistlers blowers would be imprisoned for lack of loyalty as that is neither a crime nor a civil action. There are laws that protect us whistle blowers and I, for one, am proud of those of us who had the courage and integrity to step up. I am not trying to be mean but a posting like that really shows why Corinthian failed - lack of education. I hate to break it to you but not all of us are bitter, fired employees, some for us are just making certain that what we started is completed and not swept under the carpet. This sale means very little except that the Board will get their money as one other poster mentioned. You aren't getting any rewards like retroactive pay for the 10 percent reduction or the week furlough without pay. I think it's time you look at the facts and wake up and smell the coffee before you receive a very cold shower. Your loyalty is commendable albeit misguided. The one you should be loyal to is yourself and the students who trust and admire you.

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Post ID: @OP+xTxzsRt

11 replies (most recent on top)

42179 - I hadn't heard that expression since childhood! I agree with your opinion on justice, in that it will just be disappointing to hope for it in this case. Jack and his cronies have behaved despicably for years, but will just end up a bit less rich. I do like 42108's devious little plan for exacting a bit of revenge on evil managers who go elsewhere. Everyone have a great weekend! Stay hopeful (but don't give up the job search)! Take care!

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Post ID: @0VJ+xTxzsRt

Op: If wishes and buts were candy and nuts, we'd all have a Merry Christmas! Unfortunately, wishing strenuously didn't give anyone justice in the shameful economic collapse and it won't with CCi. I'd like to see it as much as the next person, but I'd say the chances of Jack serving time is roughly one in a thousand. I'd like to be proven wrong, though!

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Post ID: @mYN+xTxzsRt

127: It's funny that they don't know you're the one reviewing their applications and no doubt tossing them. A lot of the management seem like the sleazy sort who would lie on a resume. OP is right, though. Most of these should probably be in prison for some of the stuff they've done.

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Post ID: @X05+xTxzsRt

108 -- I'm an ex Tampa employee and now a hiring manager at a competitor who is very prominent in TB. You would not believe how many resumes I've been getting from CCi employees that I know have falsehoods (based on prior knowledge or after a discrete call) on them. Especially the managers, directors, etc who are trying to jump ship! It has been truly amazing how blatant some of them are.

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Post ID: @d9Y+xTxzsRt

No FBI task force and no criminal convictions. No matter how things work out, I will still have a bad taste in my mouth about EUO and how I and others were treated here. Funny how anonymous snail-mails spilling the dope on a manager's shady past can make their way to a new company's top execs. Wonder if that will happen? I think I'd want a head's up that a manager may need some extra surveill...er, mentoring. And if they did something totally off the wall like lying (Socle since 2011? You know who you are), that would be pretty effing serious.

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Post ID: @L43+xTxzsRt

An FBI task force? Hahahaha what a load of shit. You do know that the first thing the FBI does is ensure that all communications and documents backup are secured by court order to ensure they don't disappear. OP you need to stop thinking you are important. BTW the SEC works the same way because I went through an insider trading probe in 1999.

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Post ID: @576+xTxzsRt

"...based upon my conversations with the FBI task force"? Seriously? Get a life, and stop just making shit up in the absence of one. Okay, that was mean and I'm sorry, but there's no FBI task force.

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Post ID: @GfI+xTxzsRt

069 - I'm guessing that the RT4 issues have to do with attendance shenanigans, as I've widely suspected have been going on at my campus. I believe that if you're considered an "attendance taking" school, both adding fake attendance and deleting real attendance are considered fraudulent. I suspect the former has been taking place here and know the latter has.

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Post ID: @7AF+xTxzsRt

OP -- Yup, it's amazing how many people are going to prison for white-collar fraud: http://billmoyers.com/2013/09/17/hundreds-of-wall-street-execs-went-to-prison-during-the-last-fraud-fueled-bank-crisis/

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Post ID: @nW1+xTxzsRt

42069: That last part is interesting. Although DOE hasn't made a lot of noise about F.A., I know lots of people who have contacted them and they've been VERY interested in F.A. My guess is that if the new non-profit keeps on Socle as F.A. processors, they can looks forward to a particularly thorough program review and/or IG audit very quickly. DOE will want to make sure this mess is over and that no shady characters remain. I don't see anyone going to prison, though. Honestly, that's incredibly rare nowadays.

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Post ID: @SZd+xTxzsRt

Actually, the Obama administration has been highly criticized for retaliation and lack of protection of whistleblowers in many cases, such as the recent VA case. Colleges that receive Pell grants have special whistleblower protections, though, and many of us still or recently employed by CCi who have submitted documentation have been treated well, whether by ED or the states. Here's some more info if any of you are concerned about speaking up: http://www.whistleblowers.org/index.php?option=com_content&task=view&id=34&Itemid=63. Those that I've talked to recently have said they are particularly interested in more documentation of financial aid issues, whether RT4 or other.

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Post ID: @w7r+xTxzsRt

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