Chandler Lutz

First Marblehead: Hostage to the Credit Market

First Marblehead is a pretty interesting story at this point as the company is trying to transition from being solely an intermediary to a generator of student loans. I do agree that if Marblehead can survive the down downturn they can provide great returns to shareholders.

As far as Buffett being the savior...well, I see that as highly unlikely considering FMD has only a 550 million dollar market cap and obviously doesn't have a a consistent business model.