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Non-Tech : Sally Mae and the Student Loan Swindle
SLM 26.61-1.4%Oct 30 3:59 PM EDT

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From: Grandk12/23/2006 12:34:33 AM
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Sallie Mae lobbyists have heard this before from Democrats and some Republicans, such as Representative Thomas Petri (R-Wisconsin). They are not worried. Sallie Mae executives own the majority leader in the House of Representatives, John Boehner (R-Indiana). He has been wined and dined with over $200,000 in campaign contributions to his PAC from individuals affiliated with the private student-loan industry in the 2003-2004 election cycle.

In December 2005, Mr. Boehner reassured a group of Sallie Mae types who wanted reassurance that their cushy deals would continue: "Know that I have all of you in my two trusted hands."

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