It’s retro-Sixties season at Syracuse University, as students hold protests and firm up plans to hold even more protests against the university’s plan to have James Dimon, chairman and CEO of JPMorgan Chase & Co, speak at commencement on May 16. “Chase, “Chase, Chase, go away, don’t come back any day!” Syracuse students chanted at […]
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Last week, First Marblehead Corporation, a Boston-based company, saw its stock plummet after cutting its dividend. The problem? First Marblehead is in the business of “securitizing” student loans. A year ago, this would have required some explanation, but the sub-prime mortgage mess has taught Americans – and people all over the world – the meaning […]
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