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WNYC's Brian Lehrer Show (Free subscription) | 09/29/2008
The financial services committee has posted the full Emergency Economic Stabilization Act of 2008 online here for all to read. Have you had a chance to go through it? What are the devils or angels in the details? What are the most important features of the proposal? Comment below , and be sure to include specific quotes and ciations.
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Edu in Review (Free subscription) | 09/19/2008
Tired of predatory student loan practices such as deceptive advertising and marketing that tries to mask the true cost of a student loan? In New York, eight student loan companies have responded to a state investigation into their practices by promising to observe a code of conduct in their lending practices. The lenders who have adopted [...]
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San Diego Union (Free subscription) | 09/10/2008
NEW YORK – Eight student loan companies agreed to adopt a code of conduct that bans deceptive marketing practices – such as offering prizes to students who sign up for loans – following an investigation by the state of New York, the state's attorney general said yesterday.
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PR News Wire (Free subscription) | 09/09/2008
LINCOLN, Neb., Sept. 9 /PRNewswire-FirstCall/ -- Nelnet (NYSE: )
today issued the following statement regarding its adoption of the New York
Attorney General's Student Loan Direct Marketing Code of Conduct:
"We continue to be at the forefront of increasing transparency and
disclosure in the student loan industry.
"Today, Nelnet is taking another industry leading step to ensure
students and families...
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PR News Wire (Free subscription) | 08/15/2008
LINCOLN, Neb., Aug. 15 /PRNewswire-FirstCall/ -- Nelnet (NYSE: )
announced today that the U.S. Department of Education (the Department) has
approved the agreement submitted to the Department for Nelnet to begin
participating in the Department's Loan Participation Program. The Loan
Participation Program provides lenders, such as Nelnet, with short-term
liquidity to make loans for the 2008-2009 academic...
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Seattle Times (Free subscription) | 08/03/2008
Nearly 100 companies cut their dividends during the second quarter, the biggest quarterly decline since 1991. Meanwhile, fewer companies raised...
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The Last Word (Beta) (Free subscription) | 07/31/2008
What I don’t understand is how that fourth restriction on passwords at Nelnet, “It can’t contain two separated numbers”, happened. What kind of bizarre kludge of code on the back end would result in someone deciding it’s too difficult or dangerous to parse numbers separated by letters in a password? Perfect!
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PR News Wire (Free subscription) | 07/30/2008
LINCOLN, Neb., July 29 /PRNewswire-FirstCall/ -- Nelnet, Inc. (NYSE:
NNI) announced today that it will issue an earnings release for the second
quarter ended June 30, 2008 after the market closes on August 11, 2008.
Nelnet will host a conference call to discuss the results at 3:00 p.m.
(Eastern) on August 12, 2008.
To access the call live, participants in the United States and Canada
should dial...
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KY3 News (Free subscription) | 05/28/2008
Leader LeVota Also Takes Aim DEMS Point to Blunt's promises Attorney General Jay Nixon said Tuesday that a "quietly reached decision" last week by the MOHELA board "to eliminate several critical student benefit programs" will force more Missouri students to pay higher rates on their student loans. Nixon released a statement blasting the Missouri Higher Education Loan Authority's decision to get rid...
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PR News Wire (Free subscription) | 05/22/2008
LINCOLN, Neb., May 22 /PRNewswire-FirstCall/ -- Nelnet (NYSE: ) sent
the following letter to colleges and universities across the country today
in response to the Department of Education's plan for implementing the
Ensuring Continued Access to Student Loans Act (H.R. 5715):
May 22, 2008
Dear School Partners:
For 30 years, Nelnet has been a dependable choice for helping families
plan and pay...
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Seeking Alpha (Free subscription) | 05/22/2008
John J. Phillips IV submits: In equity news overnight, Nelnet (NNI) announced that it is suspending its dividend Air France [AF.FR] reported their Q4 net at a loss of €49M overnight, above estimates of €59M, and revenue of €5.7B, above the €5.6B consensus estimate. The company noted that premium traffic was hit by Easter in March. Tate & Lyle [TATE.UK] reported FY07 net income of £187M, down from...
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PR News Wire (Free subscription) | 05/22/2008
LINCOLN, Neb., May 21 /PRNewswire-FirstCall/ -- Nelnet (NYSE: )
announced today that it will temporarily suspend its dividend program.
"We continue to focus on the future with proactive decisions that
position the company for long-term success," said Mike Dunlap, Chairman and
Chief Executive Officer. "With the volatility in the capital markets, we
believe it is prudent to preserve capital. Today's...
