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ITT Educational Services Inc. Message Board

  • qwertykeys26 qwertykeys26 May 25, 1999 9:43 AM Flag

    ESI on CNBC

    Richard Cripps picked ESI, IS, and BJ today on CNNfn. A synopsis of the segment is linked to the CNNfn Specials page at

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    • Any esi 401K employees out there that want to share ..on esi stock..or the ones in our 401K plan?
      visit this site everyday..

      • 1 Reply to rayrrod
      • I may be able to help you. I know of a lawfirm
        which is looking to form a group of persons who were
        victimized by Starwood's handling of the 401K accounts for
        ESI employees. For reasons best known to Starwood,
        they delayed converting Starwood shares to ESI shares
        until after Starwood had dropped in value and ESI had
        gone up. The ESI employees lost money as a result. Now
        that ESI shares have gone down, they got a double
        whammy. That really stinks. Whatever idiots at Starwood
        made that decision breached their fiduciary duties to
        the employees (present and former). Starwood was the
        worst thing that ever happened to ESI. The people
        Starwood placed on ESI's Board of Directors knew
        absolutely nothing about proprietary schools and did not
        even have a background in eductation. Simply put, a
        college is not a casino, or even a resort hotel. Their
        presence on that Board did not serve the interests of the
        ESI stockholders (or its employees). They were just
        temporary squatters who could care less about ESI because
        they were going to sell it anyway. The affected ESI
        employees really ought to sue Starwood. For more
        information, contact David Justin Lynch, Email address,

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