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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: Thomas J. Fitzpatrick

Thomas J. Fitzpatrick stories: 1 news summaries

Sallie Mae
Chief Quits

Equity firm pressured loan giant CEO to step down, ease buyout

May 23, 07 5:52 AM CDT
(Newser) - The CEO of student loan giant Sallie Mae resigned unexpectedly yesterday in the midst of a $25 billion buyout by a private equity firm. The Wall Street Journal reports that Thomas J. Fitzpatrick was pressured out to stave off Congressional criticism of the buyout by J.C. Flowers and Co,... More »

MORE ABOUT:
private equity • Sallie Mae • student loans • merger • loans • acquisition • Thomas J. Fitzpatrick • J.C. Flowers and Co • student

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