Now this is how a company should respond to negative press. SLM
Sallie Mae pointed out that the school has 19 lenders on the list, and that the company only has 6% of the total loan share at the school, lower than its percentage at colleges across Texas. Sallie Mae, Nelnet
But Sallie Mae offered brutal treatment for marginal student-loan lender MyRichUncle
When I saw a MyRichUncle presentation this past year at the ThinkEquity conference, the company's management demonstrated its apparent success by displaying a chart of its stock price versus those of Sallie Mae and other vastly larger companies. But executives chose to exclude First Marblehead
Number of education finance companies eliminated by defining the chart this way? One: First Marblehead. Could Motley Fool Hidden Gems selection First Marblehead have been specifically left out of this slide because its share price had outperformed MyRichUncle's in the defined period?
I think the answer here is "probably."
Bill Mann is the co-advisor for Motley Fool Hidden Gems. He owns none of the companies mentioned in this article. The Fool's disclosure policy holds nothing back.