Thread regarding ITT Educational Services Inc. layoffs

COCO isn't gone. It has been going up dramatically this week.

source: http://biz.yahoo.com/e/141016/esi10-q_a.html

" � the impact of the adverse actions by the U.S. Department of Education related to our failure to submit our 2013 audited financial statements and compliance audits to it by the due date;

� the impact of our consolidation of a variable interest entity on us and the regulations, requirements and obligations that we are subject to;

� our inability to obtain further required amendments or waivers of noncompliance with covenants under our credit agreement;

� actions by the New York Stock Exchange to delist our common stock;

� our inability to remediate material weaknesses, or the discovery of additional material weaknesses, in our internal control over financial reporting;

� issues related to the restatement of our financial statements for the first three quarters of 2013;

� our exposure under our guarantees related to private education loan programs;

� the outcome of litigation, investigations and claims against us;

� changes in federal and state governmental laws and regulations with respect to education and accreditation standards, or the interpretation or enforcement of those laws and regulations, including, but not limited to, the level of government funding for, and our eligibility to participate in, student financial aid programs utilized by our students;

� business conditions in the postsecondary education industry and in the general economy;

� our failure to comply with the extensive education laws and regulations and accreditation standards that we are subject to;

� effects of any change in our ownership resulting in a change in control, including, but not limited to, the consequences of such changes on the accreditation and federal and state regulation of our campuses;"