LETTER TO EDITOR: ITT problems predictable

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The ITT business model is unsustainable [ITT shares plunge 64 percent in wake of federal mandates, IBJ.com, Aug. 26].

It has been based on predatory actions: Taxpayers and students have shouldered most of the risk while ITT executives have received outrageous compensation. It is time for it to go.

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Jim Fuquay

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