Zack's Investment Research recently recommended that people buy stock for Navient (formerly Sallie Mae), the nation's largest servicer of student loans. This may seem curious given that the company is facing a historic lawsuit filed on January 18 from the Consumer Financial Protection Bureau (CFPB), that alleges (in agreement with aggrieved student borrowers) that the company has "illegally cheated many struggling borrowers" for years through "shortcuts and deceptions." Read more.
The Huffington Post - At last month's house hearing on the proposed Comcast-NBC takeover, execs from both companies shamefully acknowledged their diversity problems. Comcast CEO Brian Roberts sheepishly divulged that his company's board of directors includes only one woman and one person of color, and NBC's Jeff Zucker confessed that the network has no Black programming. Read more.