ITT Auditor Walks Away Amid CEO Search
By Cara Salvatore ( November 5, 2014, 8:32 PM EST) -- ITT Educational Services Inc. revealed on Wednesday that it has taken out a $79 million letter of credit with JPMorgan Chase Bank NA to satisfy a federal penalty and that auditor PricewaterhouseCoopers has chosen not to return after current auditing cycles are complete, compounding the for-profit educator's troubles as it searches for a new CEO....
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