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Central City business school shut by state order
The state closes Central City Business Institute in Syracuse due to financial trouble after 1992 regulatory problems. The two year school must cease operations by June 30 and stop enrolling. Chapter 11 filing lists creditors including Titan Management and Solvay Bank with substantial unsecured claims. CEO Diane Rozzano defended the move, saying enrollment decline and regulatory changes forced the filing, with fall classes unlikely.
MENTIONED IN THIS ARTICLE
Central City Business Institute
Syracuse Business School
New York Education Commission
Richard Mills
Titan Management
Old Greenwich
Conn
Solvay Bank
Diane Rozzano
CCB
CCBI
Baumes