Thread regarding Education Management Corporation layoffs

Fraude Clown about to be let go

Rumblings at corporate are that the bow tie will be let go soon. McEachon literally called him a sniveling little weasel in board meeting notes.

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| 4142 views | | 10 replies (last June 19, 2016) | Reply
Post ID: @OP+HVetCvj

10 replies (most recent on top)

Fraude is emblematic of the widespread administrative incompetence that has sunk this institution to .03 cents a share and near oblivion. That he rose so quickly in the ranks is not so much a badge of honor but an indictment of a hopelessly corrupt, backward system that rewards the mundane and mediocre. And so the institution dies. What a shame. What a waste.

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Post ID: @3qyr+HVetCvj

He has been with the company since 2010.

Started as an adjunct with Los Angeles Campus.

BS'ed his way to Department Chair in six months.

Was laid off in 2012.

Applied as president, "wowed" the idiots up top.

BS'ed his way to East cost GVP in 2014

BS'ed his way to West coast GVP in 2015.

That is the story of Fraude Clown

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Post ID: @3ojo+HVetCvj

@HVetCvj-1ruh, "M" is a residual of the mess that Todd S. Nelson brought from Apollo Group (aka University of Phoenix)--which is strongly anti-union. How long has "Fraud" been with EDMC?

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Post ID: @2aex+HVetCvj

I work decently closely with Fraud so here is some fact for you:

  1. Fraud is not being let go, its a BS rumor.

  2. Everyone is very aware of his connections to unions, its not new news to anyone at higher levels.

  3. Fraud did not "spill the beans"- he released information about layoffs deliberately in hopes that many would resign positions. This has saved tons of money in the mean time and will save a ton next week since severance will only be paid to those who remained.

  4. Fraud is not stupid, he reads this board often, he posts here, and knows exactly what is going on in this company. Don't mistake him for s fool, you don't get to where he is as quickly as he did (3 years from adjunct faculty to GVP) without being smart and well connected.

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Post ID: @2lzr+HVetCvj

He talked to several times by Moscato about his leniency with unions on campus.

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Post ID: @1ruh+HVetCvj

I wonder if him being booted is connected to the recent push for unionization? He always seemed to look the other way with unions and seemed very supportive of them, imo the only redeeming quality he had.

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Post ID: @1xsl+HVetCvj

I can't believe he lasted as long as he did. He failed at everything he did (anyone remember his idiotic hexemester system with 12 starts per year that was abandoned the second Moscato promoted him?) and was constantly making compliance violations left and right.

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Post ID: @1vcp+HVetCvj

thank god!

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Post ID: @1ozc+HVetCvj

Hahaha and then holding "investigations" about the leak... Hahaha

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Post ID: @dxz+HVetCvj

Its about time. That barf cloud leaks everything. Two minutes after he knew about layoffs he was on a whirlwind tour shooting his mouth off.

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Post ID: @ays+HVetCvj

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