joel menkes

Barron's 2007 Analyst Roundtable, Part II

Gross is off base for now. The fed can't lower until the europeans start lowering. Otherwise you get a double hit from the inflation perspective, the lowering itself and the lowering vs foreign currencies. So, unless the europeans start lowering by mid-year, you won't see it here, either.

First Marblehead Proves Us Right (FMD)

Brown responded on that point yesterday or the day before, i forget which. And i added 400 shares. I also filed a complaint with the sec last week and added an addendum to that complaint yesterday or the day before, i forget which.

We've been discussing this in depth on the yahoo message board but i'll keep it short here. As far as i can tell educap loans have immediate repayment scheduled, just as if you took out a car loan or a home mortgage, no defering of payment until graduation. Unless they now offer deferred payment loans as well the product involved is one different than the product tied in with fmd operations, or we've got it wrong over there. Makes sense to me though. Bac did note they were running this as a test. Are they testing a new service provider after signing a contract with fmd only about 3 months ago, or are they testing a new product line? Regards