All Posts Tagged Sallie Mae

Sallie Mae chief sells stock, then suggests dividend cut

December 19th, 2007 | No comments

More in the “you can’t make this stuff up” category… According to the Wall Street Journal: Albert L. Lord, chief executive of student-loan titan SLM Corp., or Sallie Mae, sold slightly more SLM stock than the company announced last week. On Friday, Mr. Lord sold 1,265,401 shares of SLM, or 97% of his company stock, [...]

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Departmental Quotes of the Day

December 18th, 2007 | No comments

Slightly less amusing than owning banking stocks From the Screw FASB And Their Damn Year End Closings Department: Quickbooks for Mac users were caught in an update debacle, with Intuit’s latest patch eating files. Intuit’s initial response: “…our recommendation for now is to turn off your computer and do not use it further.” From the [...]

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Best and worst deals of 2007

December 10th, 2007 | No comments

The best and worst. Personally, I think Time messed up a bit – Cerberus bagging United Rentals and J.C. Flowers walking from Sallie Mae could very well turn out looking pretty smart (for Cerberus and J.C. Flowers). And Nokia likely paid too much for Navteq, which really turned out to be a good deal for [...]

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