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Showing results for Reddis v. Sallie Mae, Inc.
...Going forward, the federal government has ordered that only Euro-V standard fuels can be imported. Elsewhere, banks have announced policies to end financing for coal-powered plants....
...Mae, the student-loans company....
...In a series of leveraged buyouts — Sallie Mae, United Rentals, HD Supply — private equity firms and banks walked away or renegotiated terms between signing and closing the deal....
...The Wilmington, Delaware-based company, which was split off from Sallie Mae last year, said that loans among a segment of higher-risk private education borrowers, who returned to school during the recession...
...SLM, known as Sallie Mae, has sold more than $1bn of bonds backed by bundles of privately issued student loans....
...In February, Sallie Mae, the largest US private student lender and biggest issuer of student debt-backed ABS, sold $1.1bn of securities backed by student loans....
...SLM Corporation, better known as Sallie Mae, lost 3.6 per cent to $17.11 on disappointment at the failure of Mitt Romney to capture the White House and Republicans to recapture the Senate....
...- Felix Salmon on DeMarco v Geithner - Finance must escape the shadows. - ECB Q&A: will we see a big bazooka or pea-shooter on Thursday? - Fed in the dark on jobs....
...In the US, shares of payday lenders such as Cash America, World Acceptance Corp and Advance America, and of private student lenders such as Sallie Mae and Nelnet, rose by 31 per cent on average from the...
...FHFA is seeking to recoup losses on mortgage securities incurred by government-controlled mortgage giants Fannie Mae and Freddie Mac....
...Citi will provide financing for Sallie Mae’s portion of the deal, those people added, the price for which is about $1.2bn....
...The move, which topped the $1.5bn release in the previous quarter, more than offset a $800m pre-tax loss on the sale of the bulk of its student loans business, to Sallie Mae and Discover Financial Services...
...Sallie Mae Quarterly profit at Coca-Cola was better than forecast after volumes increased in all markets except Europe....
...“It is not certain that the fiscal conservatism exhibited during most Republicans’ campaigns extends to farm policy,” Sallie James of the Cato Institute wrote in a report....
...In 2001, he co-founded a business called Upromise, a sort of loyalty marketing club that helps consumers save for their children’s college education; later the company was successfully sold to Sallie Mae...
...SLM, the US student-loan company known as Sallie Mae, shot 20.7 per cent higher to $10.74 after announcing that earnings would rise in 2010, thanks to lower loan-loss provisions and stabilising credit markets...
...Sallie Mae, the student loan provider, rose 5.5 per cent to $8.11 on news that it was one of the companies to which the Department of Education awarded a contract to service its $550m loan portfolio....
...Mr Moehn was executive vice president of Sallie Mae, which was responsible for developing student loan programmes in the US....
...“We are asking boards of financial institutions to sit down, think about plausible nightmare scenarios and then take measures to deal with them,” says Peter Niculescu, a former executive at Fannie Mae, the...
...Christopher Flowers’ pursuit of financial-services deals has drawn him to locales as distant as Tokyo and Alabama, to businesses as disparate as Shinsei and Sallie Mae....
...The collapse of the deal follows other big-ticket failures, such as the private equity buyout of audio equipment maker Harman International Industries, United Rentals and Sallie Mae....
...Of the 20-plus fund raisings by US banks and insurers since the onset of the crisis, only two – by the student loan provider Sallie Mae and the regional lender Sovereign Bancorp – show a small positive return...
...Deals to buy United Rentals, Alliance Data Systems and Sallie Mae, among others, collapsed, while the takeover of Clear Channel – after a rash of lawsuits – is progressing....
...Sallie Mae also announced that Jack Remondi, a former Sallie Mae executive working as a portfolio manager at Par Capital Management in Boston, would return to the company as vice-chairman and chief financial...
...Sallie Mae had been pushing for the buying consortium to pay a $900m break-up fee associated with the deal....
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