Thank heaven Congress decided to cut the middle man out of the government guaranteed student loan program. Sallie Mae has had its nose in the trough long enough.
Sallie Mae Gobbles Government Money at Expense of Students and Colleges |
| By: masaccio Tuesday March 30, 2010 3:42 pm |
Rewarding Failure: Fed Hopes 5-Year TALF Loans Will Help Commercial Real-Estate |
| By: BooRadley Monday May 11, 2009 9:04 am |
The link is from 1 May 2009. Responsibility is for the little people.
Bank of America: When $45 billion is really $199.2 billion |
| By: Michael Whitney Friday April 24, 2009 8:11 am |
You’ve heard that Bank of America is in debt to the American taxpayer in the amount of $45 billion. But it turns out that $199.2 billion paints a bit more of an accurate number on how much Bank of America will most likely “borrow” from the American people.
Obama’s Bright Idea: Let’s Play ‘Heads the Banksters Win, Tails the Taxpayers Lose’ |
| By: wigwam Saturday March 21, 2009 8:37 am |
Obama’s latest idea for curing the meltdown: highly leveraged non-recourse loans to the banksters to buy up toxic misunderstood assets. Talk about a moral-hazard giveaway at taxpayer expense.


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