Tag:
student loans
Latest Headlines
Latest Headlines
Loan cards still a growth market?
Credit cards and debit cards have generated lots of controversy, but so-called loan cards have sailed under the radar. These cards, which were not included in recent card reform legislation, allow students to access their student loans, beyond the amount reserved for tuition, reports the Washing
Citi's bad bank sells out of student loan business
Citigroup (NYSE: C ) wants to focus on the core consumer banking market, and student loans apparently no longer fall under that umbrella.
Citigroup announced it will sell its student loan business and $32 billion in assets to Discover Financial Services and Sallie Mae. Some might have specu
Syracuse students protest against Jamie Dimon
It hasn't been all good news for the golden boy of the banking industry. While some have appointed him the new king of the industry, some students at Syracuse University would like to nix Jamie Dimon's ( Jamie Dimon news) planned appearance as a commencement speaker. Some say they are motivated
Finally, the new bank bailout
Tim Geithner basically acknowledged that previous government efforts had failed. The new program is sort of a grab bag:
A new bad bank program, to be run by the Treasury and the Federal Reserve, with financing from the private sector, to buy toxic assets to the tune of $250 billion to $500
SPOTLIGHT: More on Goldman Sachs and First Marblehead
We're seeing more private equity  portfolio companies blow up. The latest is First Marblehead, the student loan company that Goldman Sachs had committed to invest in. Article
(First Marblehead, Goldman Sachs, Private Equity, student loans)
