News and notes from Reston (tm).

Thursday, January 24, 2008

Reston's Vibrant Economy Part 13: Sorry for the Salty Language (and the $1.6 billion)

Sallie Mae chief executive Albert L. Lord is very, very sorry about the salty language he used during a conference call last month. And also that $1.64 billion the company lost in the fourth quarter.

On Wednesday, Lord apologized for his conduct: "I can't say it's the first time I've used bad language. It's the first time I did it in front of 500 people," he said.
Then again, if we couldn't find that $1.64 billion we had lying around after looking under the couch cushions, we might use the F-word, too.

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