Tuesday, February 13, 2007

More on the student loan conspiracy

Remember when I said that the student loan program had become a racket? It's worse than we thought. Albert Lord, the Chairman of Sallie Mae, dumped a massive amount of stock just before Bush announced a substantial cut in federal subsidies for student loan providers -- a cut which severely affected the value of those stocks, natch.

Coinky-dink, ya think?

1 comment:

Anonymous said...

It just never ends. When is enough, enough. If you have millions, do you need millions more or billions? Really, they never seem satisfied--the unrelenting greed.