Finance / FMD (FIRST MARBLEHEAD CP)

It is highly unlikely the student loan industry will provide a solid educational loan with a reasonable interest rate to fund non-Title IV schools in the near future. TERI burned a lot of bridges with almost every bank in the country by going bankrupt. They didn't have a choice mind you. Defaults were so high they couldn't keep up with the $20 Billion in student loan guarantees. First ...

Earnings....really, not as bas as I thought they would be. Out of all this mess, the good thing I see is they have $222 million in cash. Other than that, I'm surprized they are keeping afloat. Quote: First Marblehead Announces First Quarter Fiscal 2009 Results 5:03p ET November 5, 2008 (Market Wire) The First Marblehead Corporation (NYSE: FMD) today announced its ...

  Recs: 1 FMD: First Marblehead: Further belt tightening announced as cash FMD: First Marblehead: Further belt tightening announced as cash 2008-11-06 13:21:38.890 GMT   [ Live In Play]   FMD: First Marblehead: Further belt tightening announced as cash continues to burn; tgt lowered to $2 - Friedman Billings (1.52)  ...

  Recs: 0 Re: FMD "reports" The report is misleading enough that some would consider it dishonest as well.   How dare they just report "equity" without reporting equity classes and components? There might even be a suckers rally for those who don't read 10-Qs. -------------------------------------------- The First Marblehead Corporation and Subsidiaries...

  Recs: 1 First Marblehead Cuts Full-Time Workforce by 24% First Marblehead Cuts Full-Time Workforce by 24% (Update1)      (Adds earlier job cuts in third paragraph.) By Oliver Staley      Nov. 5 (Bloomberg) -- First Marblehead Corp., a provider of support services for educational lenders, cut its full-time workforce a further 24 percent after the slowdown in...

  Recs: 5 Finally, FMD news  some serious dings here...   +------------------------------------------------- -----------------------------+   Moody's downgrades First Marblehead student loan notes 2008-10-30 18:12:04.360 GMT       New York                       New York Navneet Agarwal               ...

Earnings during the day and after the close : DURING MARKET HOURS Company Actual Estimate Year Ago Earnings Yr/Yr Rev Vignette VIGN -- 0.06 0.21 -- AFTER THE CLOSE Company Actual Estimate Year Ago Earnings Yr/Yr Rev Express Scripts ESRX -- 0.78 0.60 -- Chesapeake Energy CHK -- 0.88 0.69 -- Southern Copper PCU -- 0.31 2.46 -- SW Energy SWN -- 0.41 0.30 -- Electronic Arts...

The NBA headquarters has cut a number of jobs, as has at least one team I am aware of (Bobcats). People are generally expecting lower revenues-- which results in a lower tax threshold and salary cap. Of course, the economic impact differs from city to city. Will the Rockets be hit badly? I know Artest sold some tickets, but will the fans who come to games still buy the beer and food ...

  Recs: 1 Friggin' outrage : SEC Allowing Too Many Secrets On Wall Street SEC Allowing Too Many Secrets On Wall Street (CTCM, SBGI) October 15, 2008 | By Eric Fox The term " confidential treatment order " sounds very mysterious and forbidding. In reality, it is a fairly mundane item relegated to the ...

Here is a good article First Marblehead Announces Closing of GS Capital Partners Investment and Appointment of Daniel Meyers, Co-Founder and Former CEO, as the New Chief Executive Officer Last update: 9:18 a.m. EDT Aug. 18, 2008 BOSTON, MA, Aug 18, 2008 (MARKET WIRE via COMTEX) -- The First Marblehead Corporation (FMD:first marblehead corp com News, chart, profile, more ...