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Can This Deal Be Saved

Daily Brief

by Liz Gunnison, Jeffrey Cane, Mark Stein, Laura Rich and Megan Barnett
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Aug 17 2007 12:00am EDT

Can This Deal Be Saved?

Sure, Sallie Mae looked good back in April. But that was before the debt keg got tapped out and Sallie's suitors sobered up.

Now the $25.3 billion deal to take over Sallie Mae, the country's largest student loan provider, seems in jeopardy.

How many other deal bombs are ticking down to disaster?

Kit R. Roane's full article assessing the state of the deal scene can be found here.

Laura Rich is a co-founder of Recessionwire, which provides news, advice, perspective and humor about the recession and the recovery.
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