Quote – Jack Remondi, vice chairman and CFO of Sallie Mae, Time Magazine.

Ultimately, what they are trying to create here is the Post Office of student lending — you've got no choice.

Jack Remondi, vice chairman and CFO of Sallie Mae. From Time magazine, “Obama’s Student-Loan Plan: A ‘Good’ Takeover?”, by Gilbert Cruz.

Wednesday, September 16, 2009
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