A for-profit college with a branch in Springfield is taking criticism for alleged deceptive practices. U.S. Sen. Dick Durbin is calling for stronger oversight of ITT Technical Institute and other for-profit schools by the federal government, citing the collapse of a school system that left students with no diplomas and a mountain of debt. Durbin […]
Securities and Exchange Commission
Crowdfunding for businesses
It’s usually associated with making movies, recording music or creating a new product, but the Internet phenomenon known as “crowdfunding” could soon apply to small business investments in Illinois. State lawmakers are considering a bill to allow small companies to informally issue stocks, following a bipartisan federal law that lifted a decades-old ban on such […]
Corporate cowards divert shareholder funds into ‘dark money’
If corporations are people, as the Supreme Court pretends, they certainly are loudmouths, constantly telling us how great they are and spreading their names everywhere. Amazingly, though, these corporate creatures have suddenly turned demure, insisting that they don’t want to draw any attention to themselves. That’s because, in this case, corporations are not selling, they’re […]
