Sunday, April 08, 2007

Net Widens in Student Loan Scandal

On Friday I posted on the Huffington Post that Matteo Fontana, accused of holding 10,000 shares of stock in a student loan company while overseeing student lenders for the federal government, used to work for Sallie Mae.

By the end of the day Friday, Andrew Cuomo's office had subpoenaed Sallie Mae
for "a list of all of its former employees who had worked for the Education Department in the last six years, and for e-mail messages and other communications between those former employees and the company." And Fontana had been placed on leave.

1 comment:

WizCoder said...

This is interesting