An Indiana federal judge has let the directors of collapsed, disgraced for-profit college ITT Tech off the hook, rejecting claims from the company’s bankruptcy trustee that the board’s failure to fire CEO Kevin Modany breached their fiduciary duties. But U.S. District Court Judge James Patrick Hanlon rejected Modany’s own effort to escape liability, ruling that
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Some of the closing words of Rep. Adam Schiff’s summation tonight in the Senate impeachment trial of Donald Trump are below, along with the video. Trump has ceaselessly attacked Schiff, calling him names, mocking his physical appearance, questioning his integrity without a shred of justification. Schiff has carried on with skill, intelligence, dignity, and purpose,
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In 2007, after the Republican Party had suffered a crushing midterm election defeat, the American Prospect magazine asked me, and others, to offer new slogans for the seemingly imperiled GOP, which had announced a “rebranding” project. My idea was: Rich People and Angry People Coming Together. Rich people love the GOP’s tax cuts for rich
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Trump education secretary Betsy DeVos is scheduled to testify tomorrow before a House Education and Labor Committee hearing on student debt issues. DeVos already has expressed this week her continuing concerns about an epidemic of fraud and abuse in the for-profit college sector. Unfortunately, DeVos seems to believe the con artists are not the for-profit
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Betsy DeVos has been under pressure from congressional Democrats and others because of evidence that her Department of Education facilitated deceptions against students by a failed predatory college operation, Dream Center Education Holdings. At the same time, she’s taken heat, and been held in contempt by a federal judge, because the Department has illegally pursued
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U.S. Magistrate Judge Sallie Kim today issued an order holding Secretary Betsy DeVos and the Department of Education in contempt of court and fined them $100,000 for violating her order that they stop trying to collect on loans from former students of for-profit Corinthian Colleges schools. The Department, during the Obama administration, determined that the
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  American Banker has examined investments held by Gordon Sondland, the hotelier who parlayed donations to the GOP into a post as U.S. ambassador to the European Union and apparently sought to implement President Trump’s disgraceful effort to pressure Ukraine into investigating Joe Biden. The publication found that, in addition to operating luxury hotels, Sondland
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Our country needs to wake up. We have a president who is extraordinarily corrupt, dishonest, incompetent, unbalanced, immature, vindictive, racist, misogynist, and who acts with utter contempt for the law and utter disregard for our security. It’s time for everyone, every day, to say this person is not capable of serving as president. Today, the
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