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Re: dragon man post# 20

Thursday, 11/20/2008 2:08:28 PM

Thursday, November 20, 2008 2:08:28 PM

Post# of 147
It doesn't look good. They were a leader in student loans but with the poor investments they made in the mortgage arena they are hurting bad. Those financials spell doom. Plus they haven't made any public statements on how they intend to recover. Your guess is as good as mine. Just that the sp movement reminds me so much of WaMu. With nobody doing any lending right now the question is if they can hold on till that changes.
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