Sometimes all it takes is a threat ....... Sallie Mae shits a brick.

[Stinky The Clown]

PhillyDeals: Sallie Mae to create 2000 U.S. jobs, reverse outsourcing

By Joseph N. DiStefano

SLM Corp. - Sallie Mae, the student lender - is among the most government-sensitive U.S. companies.

President Obama says he can save $4 billion by making loans directly to students, ending subsidies to middlemen like Sallie Mae and leaving them to survive on higher-cost private loans, and as collection agencies.

With that threat, and the general slowdown in the loan-investment market, Sallie Mae's stock has lost most of its value.

Chief executive Albert Lord shot back yesterday by offering something Obama's Democratic allies want: Jobs in their districts.

Lord came from his Reston, Va., headquarters to Pennsylvania to visit his company's Wilkes-Barre offices with U.S. Rep. Paul Kanjorski (D., Pa.), a power on the House Banking Committee, to announce Sallie Mae is firing its contract workers in India and the Philippines and shipping 2,000 jobs back to several U.S. sites "as soon as we can."

More at this link: http://www.philly.com/inquirer/business/20090407_PhillyDeals__Sallie_Mae_to_create_2000_U_S__jobs__reverse_outsourcing.html







I love it when shitheads shit.

[Tangerine LaBamba]

1. It's not like

PRESIDENT OBAMA didn't give him a choice.

I mean, he made a good choice, don't you think?

Insert "sarcasm" thingie here ------------------------------->

[Stinky The Clown]

2. I hope this is the start of a trend ......

..... rather than some transparently transparent asshole trying to save his assholic (assholey? assholesque?) self.

[Tangerine LaBamba]

7. One, it's a fluke, maybe;

two, it's a trend.

Only this time, the asshole beat PRESIDENT OBAMA to the punch and did the right thing.

Firing Ford's CEO made Obama the scariest black guy around.

I love it.

The previous "administration" did all sorts of things with threats and innuendo and made-up scary stories.

Obama just goes ahead and does the right thing, and THAT is the scariest thing in the world for these punks.

Lots and lots of popcorn - we're gonna need it ...........................................

[dixiegrrrrl]

3. Now THAT's impressive of our Prez.

1. Step One..."fire" an auto CEO
2. Step 2...threaten to cut out a leech business
and viola !

said business jumps to attention and promises to be good.


Still think Obama shoulda cout out the middle man, tho.

[lonestarnot]

4. K and f'n R!

ah ha ha ha ha ha ha ah ha ha ha ha ha ha :rofl:

[Stinky The Clown]

5. Sallie Mae is a Weenie

Who knew?

:rofl:

[lonestarnot]

6. OMG more

:rofl: