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Richmond developer at center of dispute
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Sat, 31 Jul 2010 21:04:08 -0700
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Developer Justin G. French went from declaring bankruptcy days after leaving federal prison to dealing in millions of dollars in Richmond properties. During French's 13 years in Richmond, his business associations have included Donald C. Lacey, who pleaded guilty this year to a real estate Ponzi scheme, and some of ...
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UR's Ayers devoted to the school -- and its city
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Sat, 31 Jul 2010 21:09:37 -0700
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On the observation deck atop City Hall, 26 teachers from 16 states listened as the history of Richmond was laid out before them. "You can watch time unfold," said Ed Ayers, the University of Richmond's president and a scholar who this day was teaching the teachers. The past, present and ...
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SLM Corporation Announces Preferred Dividends
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Thu, 29 Jul 2010 14:25:00 -0700
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RESTON, Va.----SLM Corporation , commonly known as Sallie Mae, today announced a 2010 fourth-quarter dividend on its Preferred Stock Series A of $0.87125 per share. The dividend on the Preferred Stock Series A will be paid on Nov. 1, 2010 to shareholders of record at the close of business on Oct. 22, 2010.
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Sallie sale days
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Tue, 27 Jul 2010 22:46:15 -0700
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Sallie Mae, America's largest student lender, has tapped Goldman Sachs to help it consider a possible breakup of the company, The Post has learned. The Reston, Va.-based loan originator is working with Goldman to possibly sell or spin off its student-loan servicing business and do the same with...
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Hartford Business Journal 40 Under Forty 2010 Winner Profiles
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Mon, 26 Jul 2010 08:31:41 -0700
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Hartford Business Journal 40 Under Forty 2010 Winner Profiles
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Family unfriendly
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Sun, 25 Jul 2010 01:36:39 -0700
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Expectant parents shopping for a home are not the only ones concerned about the date of the baby's arrival.
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Sallie Mae posts profit on higher interest charges
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Tue, 20 Jul 2010 16:13:19 -0700
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(AP:RESTON, Va.) Sallie Mae on Tuesday posted a second-quarter profit as it raked in higher interest income from its student loans. For the three months ending June 30, the company earned $338 million, or 63 cents per share.
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Milestone Project Marks Year of Job Creation
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Thu, 22 Jul 2010 08:59:00 -0700
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The transfer of the former General Motors plant in Newport to plug-in hybrid electric vehicle start-up Fisker Automotive earlier this week marks a milestone in nearly a year of work by the Markell Administration to improve economic opportunities for Delawareans. Since August 2009, the Delaware Economic Development Office has helped create the potential for 6,158 new jobs in the state.
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Sallie Mae Reports Second-Quarter 2010 Results
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Tue, 20 Jul 2010 14:18:00 -0700
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RESTON, Va.----SLM Corporation , commonly known as Sallie Mae, reported core earnings net income of $209 million for the second quarter 2010, which included an after-tax gain of $57 million from $1.4 billion of unsecured debt repurchases.
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Obama hails law as victory for consumers
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Wed, 21 Jul 2010 22:06:51 -0700
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WASHINGTON -- Reveling over a new milestone in his presidency, a triumphant Barack Obama on Wednesday signed into law the most sweeping overhaul of lending and high-finance rules since the Great Depression, adding safeguards for millions of consumers and aiming to restrain Wall Street excesses that could set off a new recession.
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