Interesting thread on the Expat Japan Forum that talks about how Gaijinpot is censoring threads that speculate GEOS will be the next large Eikaiwa English School to go under.
The reason for these rumors is in August/September 2009 GEOS staff were being paid late and the details were being discussed in a few Japanese message boards.
When NOVA was about to implode Gaijinpot censored all topics about the impending NOVA collapse right up until they really did fold.
The forum posters on Expat Japan are pointing out how Gaijinpot is “up to their old tricks”.
I think it would suck pretty bad to get a job with GEOS and then have them suddenly go belly up.