Articles

ITT failure a calamity, but former execs say not fraud

The SEC broadly charges that two former ITT Educational Services executives concealed from investors the “extraordinary failure” of two off-balance-sheet student loan programs ITT helped set up in 2009 after the financial crisis shut down the market for traditional private education loans.

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Corruption probe prompts reviews of NCAA teams

At stake is the future of a business that, over the span of 22 years ending in 2032, will produce $19.6 billion in TV money for the NCAA men's basketball tournament, known to the public, simply, as March Madness.

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