Sunday, February 11, 2007

Sallie Mae's Own Martha Stewart

Apparently Sallie Mae chairman and former CEO Al Lord decided to unload 1/3 of his stock in the company. . . just days before President Bush unveiled a proposed multibillion dollar cut in subsidies to the industry, sending the stock to a 2-yr low.

I'm sure none of Lord's good friends in Congress know anything about this.


Anonymous said...

Well, that was certainly a good idea. He must have saved a lot of money by doing that.

Oh, wait...

Anonymous said...

I suggest that Al Lord buy a nice, long stake and impales himself! I think that kind of death would be the best for him. We need to rid the earth of his dirty, scandalous tactics.