They screwed UofP, Corinthian & EDMC. They went after ITT with ZERO proof of wrongdoing. The result: They will crash and burn and the mighty Modany with his ears of strength will fly out ashes and make ITT great.
No BK coming. If you're smart you'll buy up the stock because within two weeks an agreement will be announced and within a month the stock will be up to $5.
The DOE will claim victory by benefiting the students. ACICS will win by actually imposing a tightened leash ITT must yield to. And ITT will win because they'll have an employee of the DOE on their board that secures them continuing enrollments, albeit with less schools.
You may cheer on the DOE for taking on the beast, but you are cheering on a viper with no fangs. If ITT is evil, the DOE is the devil that created it.
Sorry to be the bearer of good tidings when you love chaos and demise. Congratulations to the employees left for ye can keep thy jobs.