How Elizabeth Warren Beat A Student Loan Giant

Last week, the Massachusetts Democrat achieved a quiet victory after the Federal Home Loan Bank of Des Moines restricted Sallie Mae offshoot and student loan giant Navient Corp.'s access to ultra-cheap funds -- causing stock in the company to plummet and demonstrating the unique ability of one of the Senate’s most liberal lawmakers to influence the bottom line of one of the nation’s largest publicly traded companies.

Navient shares have fallen more than 10 percent this week, after the company disclosed the Des Moines bank's Dec. 22 move to investors on Monday morning. The stock has plunged 48 percent this year.

http://www.huffingtonpost.com/entry/elizabeth-warren-student-loan-giant_568412fbe4b06fa68881b03f


Notice how HP covers for the crooks at the loan company?