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Stories tagged with First Marblehead

First Marblehead gets some relief

By Gary Jacobson   |   December 21, 2007 at 7:24pm   |   0 Comments

Earlier this week we wrote about how some directors of The First Marblehead Corporation, who were also large shareholders, were feeling the financial pain of the company’s recent stock swoon.

The company, and the directors, got some relief Friday from Goldman Sachs, which agreed to invest up to $260.5 million in the Boston-based packager of student loans.

Directors feel First Marblehead’s pain

By Gary Jacobson   |   December 17, 2007 at 7:19am   |   0 Comments

It has been an especially tough couple weeks for Leslie Alexander, the largest shareholder of The First Marblehead Corporation, a packager of student loans.

Alexander owns the Houston Rockets of the NBA. He also controls more than 18.2 million shares of First Marblehead stock.


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