BeaconEquity.com announces the publication of “First Marblehead Corporation (FMD) Shares Climb 31 Percent on Analyst Upgrade, Buyout Potential”
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In the article the author covers First Marblehead Corporation (FMD) Shares Climb 31 Percent:
“Credit remains the most commonly utilized form of financing, and continues to support economic activities despite the crippling effect of the credit crisis and weakened economy. Credit facilities are, however, a necessity when it comes to education, which remains to be the main factor that spurs progress in the economy.
“The First Marblehead Corp., together with its subsidiaries, provides outsourcing services for private education lending in the United States. It primarily focuses on loan programs for undergraduate, graduate and professional education, as well as on the primary and secondary school market.
“During the peak of the credit crisis, the company's stock has lost 90 percent of its value as the demand for bonds backed by student loans substantially declined…”
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