Document:

Bloomberg.com, 12/29/10

Summary:

News story covering efforts by John Sperling, Executive Chairman of Apollo Group, to sway administration officials and legislators as their attack on the University of Phoenix contributed to a steep decline in share price. Sperling claimed that his lobbying efforts "galvanized opposition to the proposed regulations and set the stage for a battle in the next Congress between the Obama administration and ascendant Republicans."

Posted
AuthorKeith Blakeman
CategoriesOther Responses