On May 15, the Wall Street Journal published a letter from Gov. Mitch Daniels laying out his sharp opposition to the Waxman-Markey American Clean Energy and Security Act, which would set limits on carbon emissions to combat global warming.
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If an organization prevents $26.5 billion in defaults and collects $1.3 billion from defaulted borrowers each year, how does that demonstrate an incentive to let loans go into default? Plus, prior to the Great Recesssion, the national student default rate had been cut from over 20 percent to less than 5 percent. See http://www2.ed.gov/offices/OSFAP/defaultmanagement/defaultrates.html. How's that square with your theory on student loan default?
Still doing national advertising on the Rush Limbaugh show. No thanks, Angie; methinks I know where you also spend your political contributions!
Bet hers is bigger than "most" who struggle to get jobs. It's the combination of what and who you know that matters today.
Between the number of people who just sign their proxies with "vote according to the boards recommendations" option and the large number of corporate shares being voted, it's very difficult to get a positive vote on an anti-board initiative. The odds are stacked against any shareholder initiative so a protest is very much in order. It's not just being a poor loser when the odds of winning are minimal.
If there is anyone out there that thinks this is a good investment please let us in on the secret. 700,000 company shares will buy about 2 months of advertising for the company. What happens when the marketing money runs out and memberships dry up? Short this stock today.