As Students Return to College, Student Loan Fraudsters Rejoice |
| By: Peterr Monday August 16, 2010 6:45 am |
Nelnet improperly exploits a loophole in the student lending regulations for years, and then last Friday afternoon settled a $1+ billion student loan fraud case for $55 million, just as college students head back to campus. Lovely.
But I’m sure that nothing like this could happen with insurance companies and the Health Insurance reform regulations, or the Wall Street firms and the FinReg rules . . .
Welcome back to campus, everyone.
Can’t Make It Up: BP Hires Goldman Sachs |
| By: Michael Whitney Tuesday June 15, 2010 7:24 am |
Slipped into this Reuters piece is the news that BP has hired Goldman Sachs as “advisers” for unknown purposes, in addition to Pete Peterson’s Blackstone Group and Credit Suisse Group. It’s funny because if the Vampire Squid lived in the Gulf of Mexico, it’d be choking to death on BP’s oil. Assuming, of course, it doesn’t actually thrive on crude oil.
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Just Say Now |
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Foreclosure Fraud |
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Prop 8 Trial |
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