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  1. First Marblehead has Q1 loss; cuts jobs (AP via Yahoo! Finance)
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    First Marblehead Corp. said it swung to a $92.9 million loss in its first quarter amid a troubled market for securities tied to student loans and has cut about 24 percent of its full-time work force.
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    news.cincinnati.com
    COVINGTON – A mother and her grown son were sentenced Monday in federal court for defrauding Countrywide Home Loans of $3.5 million. Georgia Bowling, 64, of Franklin, Ohio, was sentenced to two months in prison. William Bowling Jr., 46, of ...
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