Goldman Sachs is the largest villain in EDMC's failure--even larger than EDMC executives who were complicit in making this a predatory corporation. And vulnerable students and teachers are the prey. What galls me is that the third largest investor, the Ontario Teachers Pension Program (OTPP) was stayed invested in this company even as it was becoming increasingly apparent that EDMC was preying upon military vets, single mothers, people of color, people with disabilities, immigrants, and the underemployed and unemployed. OTPP has lost tens of millions of dollars meant for teacher retirement. But their opinion was that they had so much money invested in the markets that a $50,000,000 loss was insignificant and not even worthy of a response.....http://www.nasdaq.com/symbol/edmc/institutional-holdings
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@Anonymous42819, this is a predictable scenario of a failing company in the for-profit education sector (i.e. looking for enemies when the enemies are largely within, and where students and workers who are heroes are persecuted). With Corinthian Colleges, the head of communications, Kent Jenkins, was trying to intimidate one of my local media contacts. Some of these executives aren't even smart enough to mask their identity on LinkedIn. Eventually, this year, people inside Corinthian Colleges, including Librarian McConnell, blew the whistle, and President Obama took notice. The similar thing happened at EDMC in 2012, but that story wasn't strong enough to create needed changes at EDMC..... http://www.republicreport.org/2014/for-profit-college-student-reads-third-grade/....................http://www.huffingtonpost.com/davidhalperin/edmc-professors-and-stude_b_1909449.html
Wow, Management is so childish and jealous that the only guy on here who knows anything about financial stuff is being constantly badgered, bullied, imitated and insulted with prepubescent, homophobic, sexually repressed slurs. Someone has gotten under Management's skin. Keep going Camden. I want everyone to see how pathetic and childish EDMC management reveal themselves to be when they think nobody is looking.
Hey go F yourself man! YOU are the fake Camden Kid! I'm as real as J.Lo!
BOOM! HEADSHOT - COUNTER TERRORIST WIN.
The fake "Camden Kid" sounds like an executive at Goldman Sachs.
Thanks Fanboy! I'm in love with you! Thanks for being my only friend in the whole wide world!
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Cam provides the only honest feedback on this company. If EDMC was honest, they'd share the annual report and enrollment numbers. They can't be trusted at this point.
@Anonymous42654, it's just the opposite. EDMC is offering an incentive for debt holders to buy stock. I'm not sure who would actually bite at the offer and why they would take such a deal. Maybe the fake "Camden Kid" (who is probably EDMC or Goldman management or a wanna be manager)could tell us.
@Anonymous42654, it's just the opposite. EDMC is offering an incentive for debt holders to buy stock. I'm not sure who would actually bite at the offer and why they would take such a deal. Maybe the fake "Camden Kid" (who is probably EDMC or Goldman management or a wanna be manager)could tell us.
Camden Kid-can you tell me what this means? Does it mean that people can cash out all their stock to make as much money as they can before Oct. 29 or am I reading it wrong?
www.prnewswire.com/news-releases/education-management-corporation-amends-exchange-offer-278317831.html
Look at me pretending to know what I'm talking about! But I don't! Follow me on twitter so you can read more of my bullshit lies. I suck!