Entries from February 2007

Sunday, February 25th, 2007

Open Letter to Thomas Fitzpatrick

Thomas Fitzpatrick
c/o Sallie Mae
11600 Sallie Mae Dr
Reston, VA 20190
Thomas Fitzpatrick,
This letter is in response to my wife’s federal loans which your company is currently holding. These three loans are part of a group of loans which we had filed for consolidation in October 2005 and included all of our federal loans. [...]

Friday, February 23rd, 2007

Quick Update - Lack of Posts

Just a quick update, earlier this week I fell on a patch of ice and tore my meniscus.  I am currently dealing with that and my high insurance deductible.  Despite many promises of posting my letter to Thomas Fitzpatrick, Sallie Mae CEO, I promise to post it this weekend while I am icing my knee.  [...]

Tuesday, February 13th, 2007

Sallie Mae Chair Sells 1/3rd of His Stock Just In Time

Albert Lord, Chairman of Sallie Mae unloaded a third of his stock in Sallie Mae just before a news came of cuts from the federal government.  He sold 18.3 million dollars worth of stock, roughly 23% of the company.  A company spokesman said the sale had been planned for weeks but One can’t help and [...]

Friday, February 2nd, 2007

Ted Kennedy Sullies Sallie Mae’s Rep?

Apparently Thomas Fitzpatrick is under the delusional impression that Families and students across America view Sallie Mae as a bastion of hope and a helper of the underdog. He sees Sallie Mae as a helper and a company which gives students a helping hand. This delusion has led him to cry out against [...]