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SLM Corporation Message Board

  • markmalmgren markmalmgren Dec 19, 2007 12:41 PM Flag

    I listened to the whole thing and...

    assuming the CEO role 3 days ago and trying to do this news conference was a huge mistake. At the very least, Lord should have had the CFO there to pass questions to.

    That being said, he has a good grasp of the overall direction of the company, even though he is weak on specifics. Getting back into the work mode instead of the acquisition mode is his chief goal, after the failed buyout.

    And he is obviously dismayed re the sell of his stock but it was clearly due to margin calls, and not a belief that the shiop is sinking.

    Judging this company on his handling of the conference and questions misses the point. Great buying opportunity here. This company is not going to fail.

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