News and notes from Reston (tm).

Friday, May 15, 2009

Reston's Vibrant Economy Part 40: Sprint and Sallie Mae -- two great tastes that go great together

  • The final chapter of Sprint Nextel moving its headquarters from urbane, cosmopolitan Reston to corn fritter-lovin', dance hatin' Kansas took place earlier this week when the company held its annual meeting in Overland Park for the first time since 2005. We're guessing the shareholders reception looked a little like this:

  • After opposing the Obama administration's proposals to overhaul the student loan industry over the technicality that it would put it out of business Reston-based Sallie Mae now loves it some subsidy-killing action, instead hoping to make some coin off originating and servicing the loans. The early reviews are overwhelming, only not in the way they probably hoped.

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