Features Articles, Reviews, and News for old school and newbie anime fans
| Both Sides Ready for a Court Battle Over Sallie Mae's Soured Buyout |
| Published: October 10, 2007, 12:00 am |
| Tags: Both, Sides, Ready, For, Court, Battle, Over, Sallie, Mae S, Soured, Buyout, Sallie Mae Inc, Bank Of America Corporation, Jp Morgan Chase Amp Co, Albert L Lord, George W Bush, J Christopher Flowers, Octavio Marenzi, Reston, Washington Dc |
| The gloves have come off in the fight over one of the biggest buyouts in history. |
|
|
| 4 Years Later, U.S. v. Brendsel to Begin |
| Published: October 11, 2007, 12:00 am |
| Tags: Years, Later, U S, Brendsel, Begin, Freddie Mac Holdings, Leland C Brendsel, Office Of Federal Housing Enterprise Oversight, Vaughn Clarke, Arthur Andersen Llp, Warren Buffett, Fannie Mae, Sallie Mae Inc, Maryland, South Dakota, The Washington Post Company, C E An |
| Four years after he was pushed out as chairman and chief executive of Freddie Mac and charged with responsibility for elaborate accounting manipulations, Leland C. Brendsel is about to get his day in court. |
|
|
| Sallie Mae Lost $344 Million in 3Q |
| Published: October 11, 2007, 1:55 pm |
| Tags: Sallie, Mae, Lost, 344, Million |
| WASHINGTON -- The chairman of Sallie Mae on Thursday said the student lender has received calls from investors possibly interested in stepping in if the company cannot salvage its imperiled $25 billion buyout. |
|
|
| Inveslogic Daily Blog Report: Sallie Mae break-up gets messy, Education is the next big Chinese sector, ethanol boom is not done |
| Published: October 11, 2007, 5:57 pm |
| Tags: China, Business Blogs, Ethanol, Finance Blogs, Investment, Money Amp Amp Stuff, Sallie Mae |
| This is a selection of today's most popular blog articles from Inveslogic.com where you will find the highest-rated stock market and investment blogs, videos and podcasts on the web read more |
|
|
| Misdeal in Play for Sallie Mae |
| Published: October 12, 2007, 12:00 am |
| Tags: Misdeal, Play, For, Sallie, Mae, Sallie Mae Inc, Despite Flowers, Shinsei Bank Ltd, Jon Corzine, Daniel H Mudd, David Apgar, Harvard University, Manhattan, Rick Schifter, Rodgin Cohen, Japan, Texas, Bank Of America Corporation, Fannie Mae, Goldman Sachs Group Inc, Jp Morg |
| J. Christopher Flowers, whose bid to buy Sallie Mae has deteriorated into a bitter legal battle, has a r sum that ranks him with Wall Street's savviest dealmakers: coolly calculating architect of one of private equity's most profitable buyouts. Goldman Sachs partner at 30. Owner of a $53 million... |
|
|
| Investors Punch Back at Sallie Mae |
| Published: October 15, 2007, 12:21 pm |
| Tags: Investors, Punch, Back, Sallie, Mae |
| WASHINGTON -- The investor group that seeks to walk way from a $25 billion buyout of student lender Sallie Mae told a Delaware court on Monday that it should not have to pay the $900 million breakup fee stipulated in the agreement. |
|
|
| Sallie Mae Bonuses Linked To Buyout |
| Published: November 5, 2007, 12:00 am |
| Tags: Sallie, Mae, Bonuses, Linked, Buyout, Capital One Financial Corporation, Sallie Mae Inc, Richard Fairbank, C E Andrews, Julie Rakes, Thomas J Fitzpatrick, Tom Joyce, U S Securities And Exchange Commission, Delaware, Louisiana, Texas, J C Flowers Amp Co Llc, North Fork |
| Bonuses for several hundred Sallie Mae managers are linked to whether the company closes its $25.3 billion sale to buyout firm J.C. Flowers, according to a filing with the Securities and Exchange Commission. |
|
|
| Buyout Firm Rejects Overture From Sallie Mae |
| Published: December 13, 2007, 12:00 am |
| Tags: Buyout, Firm, Rejects, Overture, From, Sallie, Mae, Sallie Mae Inc, Delaware Flowers, Bank Of America Corporation, J C Flowers Amp Co Llc, Jp Morgan Chase Amp Co, Albert L Lord, Capitol Hill, J Christopher Flowers, Reston |
| Sallie Mae's chairman yesterday said the student loan giant had offered to consider a new bid from buyout firm J.C. Flowers & Co., only to be rebuffed. |
|
|
| Sallie Mae Chairman Sells Shares, Resumes CEO Role |
| Published: December 15, 2007, 12:00 am |
| Tags: Sallie, Mae, Chairman, Sells, Shares, Resumes, Ceo, Role |
| Sallie Mae Chairman Albert L. Lord yesterday sold 1.2 million shares -- a big chunk of his stock -- to meet the requirements of his "borrowing arrangements," the student lending giant said. |
|
|
| A Reversal of Fortune For Sallie Mae Chairman |
| Published: December 18, 2007, 12:00 am |
| Tags: Reversal, Fortune, For, Sallie, Mae, Chairman |
| The value of Sallie Mae Chairman Albert L. Lord's stake in his firm has declined sharply since the unraveling of his months-long effort to sell the student loan company to a group of private investors. |
|
|
| Sallie Shares Plunge After CEO Talks |
| Published: December 19, 2007, 2:07 pm |
| Tags: Sallie, Shares, Plunge, After, Ceo, Talks |
| WASHINGTON -- Shares of Sallie Mae plunged to a five-year low Wednesday after the student lender's CEO said a dividend cut may be needed to bolster finances crimped by rising loan defaults and borrowing costs. |
|
|
| Sallie Shares Tumble After Lord's Tense Call With Investors |
| Published: December 20, 2007, 12:00 am |
| Tags: Sallie, Shares, Tumble, After, Lord S, Tense, Call, With, Investors |
| Sallie Mae chairman Albert L. Lord acknowledged that he was facing a potentially hostile bunch yesterday when he addressed shareholders for the first time since his effort to sell the student loan company collapsed. |
|
|
| Sallie Mae Bids to Raise $2.5 Billion In Stock Sale |
| Published: December 27, 2007, 12:00 am |
| Tags: Sallie, Mae, Bids, Raise, 2 5, Billion, Stock, Sale |
| Sallie Mae, the Reston student loan company, said yesterday that it would try to raise $2.5 billion by issuing new stock and use the proceeds to help it satisfy a standing agreement to repurchase its shares. |
|
|
| Newspaper wrap-up: Sallie Mae to cut 3% of employees |
| Published: January 18, 2008, 3:00 am |
| Tags: Aapl, Apple, Chrysalis, Emi Group, Emigroup, Emipy, France Telecom, Francetelecom, Fte, Iphone, Sallie Mae, Salliemae, Slm, Slm Corp, Slmcorp, Ubs, Ubs Ag, Ubsag |
| (NYSE: SLM), also known as Sallie Mae, said it would lay off 350 employees, or about 3% of its workers, the Washington Post said. France Telecom (NYSE: FTE) CEO Didier Lombard said sales of Apple Inc's (NASDAQ: AAPL) iPhone device are going better than expected in France, the Associated Press reported. Permalink Email |
|
|
| Bad Loans Help Push Sallie Mae To Loss |
| Published: January 24, 2008, 12:00 am |
| Tags: Bad, Loans, Help, Push, Sallie, Mae, Loss, Sallie Mae Inc, John Remondi, Tony Terracciano, Wall Street, Albert L Lord, Charles L Daley, Harris Miller, Kendra Marr, Reston, Career College Association, U S Securities And Exchange Commission, Washington Dc |
| NEW YORK, Jan. 23 -- Sallie Mae, the student loan giant, reported Wednesday that it lost $1.64 billion in the fourth quarter, a sharp reversal from its $18 million profit in the comparable quarter a year earlier. |
|
|