by Alan Steele
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June 6

“Until recently I thought that there would never again be an opportunity to be involved with an industry as socially destructive and morally bankrupt as the subprime mortgage industry,” said Mr. Eisman, of FrontPoint Partners, a unit of Morgan Stanley. “I was wrong. The for-profit education industry has proven equal to the task.” http://www.nytimes.com/2010/06/06/education/06gain.html (via @bgurley)

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