Comments on: The WSJ joins forces with short-seller demonizers http://blogs.reuters.com/felix-salmon/2011/01/26/the-wsj-joins-forces-with-short-seller-demonizers/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: robertwaldmann http://blogs.reuters.com/felix-salmon/2011/01/26/the-wsj-joins-forces-with-short-seller-demonizers/comment-page-1/#comment-23608 Mon, 31 Jan 2011 04:01:41 +0000 http://blogs.reuters.com/felix-salmon/?p=7093#comment-23608 Oh, by the way, outstanding post on CREW, conflict of interests, and their FOIA requests.

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By: robertwaldmann http://blogs.reuters.com/felix-salmon/2011/01/26/the-wsj-joins-forces-with-short-seller-demonizers/comment-page-1/#comment-23607 Mon, 31 Jan 2011 04:00:21 +0000 http://blogs.reuters.com/felix-salmon/?p=7093#comment-23607 I love your blog, but in exactly which universe is
Lanny Davis a “well-regarded liberal” activist ?

I’m sure that Davis would insist that he isn’t liberal.
I have never read one good word written about Davis. I mean that quite literally.

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By: Mike.elk http://blogs.reuters.com/felix-salmon/2011/01/26/the-wsj-joins-forces-with-short-seller-demonizers/comment-page-1/#comment-23594 Sat, 29 Jan 2011 19:45:40 +0000 http://blogs.reuters.com/felix-salmon/?p=7093#comment-23594 My inside sources within LMG tell me the contract was can celled as a result of the bad publicity they received after my article was printed in early October. Keiser University, per my interviews with Julian Epstein, president of LMG, was a client up until that point. Also, Tom Matzzie in his updates to his initial blog post also makes it clear that Keiser had a contract with LMG up until that point – http://www.huffingtonpost.com/tom-matzzi e/senate-invites-arsonist-t_b_624398.htm l

This characterization of the contract with Keiser University has a short term contract is just another attempt to spin the deceit of lobbyists like Tom Matzzie and Julian Epstein, who it should be noted refuse to register as lobbyists despite doing quite a bit of lobbying.

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By: LMG_DC http://blogs.reuters.com/felix-salmon/2011/01/26/the-wsj-joins-forces-with-short-seller-demonizers/comment-page-1/#comment-23578 Fri, 28 Jan 2011 22:39:33 +0000 http://blogs.reuters.com/felix-salmon/?p=7093#comment-23578 Response from LMG: LMG does not work for the for-profit universities as your story reported. LMG did a very short term, limited duration contract (2 months) for Keiser University from August-September of 2010 but no longer does any work for them in any way. Had you checked with us, you could avoided this mistake.

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By: AsherL http://blogs.reuters.com/felix-salmon/2011/01/26/the-wsj-joins-forces-with-short-seller-demonizers/comment-page-1/#comment-23561 Fri, 28 Jan 2011 05:25:18 +0000 http://blogs.reuters.com/felix-salmon/?p=7093#comment-23561 RileyA has his or her facts all wrong. The Institute for College Access & Success (TICAS) is a 501(c)3 non-profit organization and filed its 2009 return (called a Form 990) with the IRS last year. TICAS makes its Form 990 available to the public, as required by law. TICAS did not compensate Robert Shireman, its former president, for any time he spent working on the Obama transition team.

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By: Harouni http://blogs.reuters.com/felix-salmon/2011/01/26/the-wsj-joins-forces-with-short-seller-demonizers/comment-page-1/#comment-23557 Thu, 27 Jan 2011 20:00:30 +0000 http://blogs.reuters.com/felix-salmon/?p=7093#comment-23557 The phrase “well-regarded liberal activist” being attached to Lanny Davis is a good one. Of all his clients, for-profit schools are probably the most benign.

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By: Mike.elk http://blogs.reuters.com/felix-salmon/2011/01/26/the-wsj-joins-forces-with-short-seller-demonizers/comment-page-1/#comment-23556 Thu, 27 Jan 2011 19:57:09 +0000 http://blogs.reuters.com/felix-salmon/?p=7093#comment-23556 In response to earlier commentor, Peter Goodman terminated my association with the Huffington Post. Goodman has written quite critically against the for profit school industry. My firing had absolutely nothing to do with the for profit school industry.

However, Lanny Davis has called people I have written for on multiple occasions and tried to get me canned. I do not believe Peter Goodman had anything to do with this

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By: AnonymousChef http://blogs.reuters.com/felix-salmon/2011/01/26/the-wsj-joins-forces-with-short-seller-demonizers/comment-page-1/#comment-23555 Thu, 27 Jan 2011 19:25:37 +0000 http://blogs.reuters.com/felix-salmon/?p=7093#comment-23555 Astroturfing is creating fake “grass-roots” organizations.

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By: Gotthardbahn http://blogs.reuters.com/felix-salmon/2011/01/26/the-wsj-joins-forces-with-short-seller-demonizers/comment-page-1/#comment-23551 Thu, 27 Jan 2011 17:10:51 +0000 http://blogs.reuters.com/felix-salmon/?p=7093#comment-23551 ‘…a lobbying firm specializing in astroturfing that is working on behalf of for-profit colleges?’

What is ‘astroturfing’?

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By: TFF http://blogs.reuters.com/felix-salmon/2011/01/26/the-wsj-joins-forces-with-short-seller-demonizers/comment-page-1/#comment-23549 Thu, 27 Jan 2011 16:01:15 +0000 http://blogs.reuters.com/felix-salmon/?p=7093#comment-23549 Some good comments on this thread…

For-profit education isn’t exactly a scam, but when you combine Wall Street ethics (more profit = good, less profit = bad, nothing else matters), heavy government subsidies, a highly complex product that depends almost exclusively on the quality of the employees and is very difficult to evaluate using conventional business management techniques (let alone by the customer base)… What the heck do you expect?

You see much the same dynamics in for-profit charter schools. The evaluation metrics are weak, so more effort goes into “gaming the system” than into the real quality of the product. The simplest way to ensure high performance by your graduates is to winnow out anybody who isn’t performing to high standards. Actually trying to EDUCATE those with weaknesses is a losing proposition in for-profit education.

Not that NFP colleges are really all that different. A Harvard education is good, but what REALLY differentiates Harvard graduates from the rest is that they get to cherry-pick their talent on admission.

Is it better for society to continue to subsidize a broken model and close our eyes to its flaws? Or to reward a few individuals for raising the curtain on the problems?

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