A year ago, EDMC's stock dropped on news that the Obama administration was going to enforce strict regulation on for-profit schools. That was close! Thank heavens for lobbyists!
This certainly sounds like a factor, if not the main reason, for Snowe's decision not to run for reelection. Maybe it was the final straw, since Snowe was also facing a primary challenge from the tea party:
Last August, while Sen.
Maine Republican Senator Olympia Snowe has announced her retirement. A moderate Republican, who has often voted with Democrats in the Senate cited the extreme partisanship of recent years as her reasoning. In a statement Snowe said,... Read Post
Who is the boss of the Democratic White House? Republican Sen. Olympia Snowe (Maine). Who is the boss of the Democratic Senate? Republican Sen. Olympia Snowe. Meanwhile, Sen. Joe Lieberman (I-Conn.), who one year ago was slandering ... Read Post