Whatever happened to the Attorney General's student loan conflict of interest investigation? The WSJ law blog is reporting today that Dean Richard Matasar of the overpriced New York Law School diploma mill is also chairman of the board of directors at the subprime student loan lender Access Group. Should the dean of an institution that puts out distorted post-graduate career stats designed to entice young people to commit financial suicide really be on the board of directors of an out of control subprime higher education loan lender? Aren't these corrupt conflict of interests exactly the sort of thing that caused this financial crisis?
http://blogs.wsj.com/law/2008/10/02/the-credit-crisis-and-law-school-loans-take-one/
29 comments:
How else can they conveniently sell a bill of goods to wide eyed applicants?
A bill of goods? How about a bag full of cow dung?
Yes the steaming pile of camel poop known as an NYLS degree.
There are a ton of good comments on that thread. I love how they ask everyone's opinion about the availability of future private loans, and everyone turns around and starts attacking Matasar.
Who cares? I don't think the mess was caused by educational debt. They'll get that money. I like how you see everything in the newspaper as if it is related to you, though,Tommie the Tamponi.
Is anyone having problems finding work?
I am.
I have both doc review and firm experience listed on my resume.
I still couldn't get ANY work in the last 3 months.
I don't know if I'd advertise that, 4:26.
If you can't get temp work even with years of doc review on your resume, in all likelihood this is because you have been blacklisted. Have you called in sick 8 days in a row lately? Did both of your grandparents and an aunt die in a week and you had to go "out of the country" as a result?
Do you smell? Tag each document as "irrelevant" as per the suggestions on this site?
It's not that roach boy, the work has finally been shipped to India. English speaking doc review has been exported, lol. I cannot believe how stupid these people are.
The only gigs going on now in NYC are foreign language jobs. So if you are a foreigner, you can get work, but if you are an English (only) speaking US citizen, your work is being sent to a foreign country.
How much of this can we stand and how much more will we take before fighting back? We've become a nation of sheep.
6:26- Exactly. Some people just don't get it. There haven't been as many projects lately, but I have stayed busy.
I am a recruiter. Yes, when you want to quit a project, quit saying that your grandmother and/or auntie is sick and that you have to leave the country. I hear that lame ass excuse probably three times a week. I hate liars. Anyone that uses it immediately goes on the blacklist.
The job market is frozen solid. Whatever scraps of projects that remain are immediately being outsourced to India. You better all use your last remaining paychecks to stock up on canned food and prepare your backyard bunkers.
^ Just because you all aren't currently on any gigs does not mean that they are non-existent. Are you all such self-centered, self-entitled little assholes that you imagine that if you aren't employed at the moment that there are no English-review gigs out there. Absolutely pathetic...and laughable.
Really? Please list all of the current ongoing projects that will be hiring english language attorneys....we're waiting....
American reviewers need not apply. Unless you are a Nigerian reviewer who can boost the firms racial quota your job shall be moved overseas.
No more slutty temp. My dick hurt. Slutty temp suck associate dick, but no more slutty temp. Temps are in India, don't know I'm swanky.
3:57
Nigerian reviewers do not boost the firm's racial quota. Contract attorneys do not work for law firms, they work for staffing agencies. Your checks do not come from law firms, thus, you are not employed by the firms themselves. But if you want to keep on using minorities as the excuse for why you can't find work then feel free. It's a free country and we can all be as bigoted and ignorant as we want.
We can do without your hate, 3:57
From Wikipedia:
Key Sectors
Nigeria is the 12th largest producer of petroleum in the world and the 8th largest exporter, and has the 10th largest proven reserves. (The country joined OPEC in 1971). Petroleum plays a large role in the Nigerian economy, accounting for 40% of GDP and 80% of Government earnings. However, agitation for better resource control in the Niger Delta, its main oil producing region, has led to disruptions in oil production and currently prevents the country from exporting at 100% capacity.
Nigeria has one of the fastest growing telecommunications markets in the world, major emerging market operators (like MTN, Etisalat, Zain and Globacom) basing their largest and most profitable centres in the country. The government has recently begun expanding this infrastructure to space based communications.
The country has a highly developed financial services sector, with a mix of local and international banks, asset management companies, brokerage houses, insurance companies and brokers, private equity funds and investment banks. Many home grown firms have expanded across the region and into Europe, Asia and North America becoming multinationals in their own right.
Nigeria also has a wide array of underexploited mineral resources which include natural gas, coal, bauxite, tantalite, gold, tin, iron ore, limestone, niobium, lead and zinc.[39] Despite huge deposits of these natural resources, the mining industry in Nigeria is still in it infancy.
Agriculture used to be the principal foreign exchange earner of Nigeria. At one time, Nigeria was the world's largest exporter of groundnuts, cocoa, and palm oil and a significant producer of coconuts, citrus fruits, maize, pearl millet, cassava, yams and sugar cane. About 60% of Nigerians work in the agricultural sector, and Nigeria has vast areas of underutilised arable land. Perhaps, one of the most daunting ramifications of the discovery of oil was the decline of agricultural sector. So extensive was the neglect that Nigeria, which was a net food exporter in the 1960s and grew 98% of his own food, now imports much of the same cash crops it was formerly famous for exporting.
It also has a booming manufacturing industry which includes leather and textiles (centred Kano, Abeokuta, Onitsha, and Lagos), car manufacturing (for the French car manufacturer Peugeot as well as for the English truck manufacturer Bedford, now a subsidiary of General Motors), t-shirts, plastics and processed food.
Nigeria is a great country!
As opposed to his predecessor who was forced out after 50% of the Class of 2000 failed the Bar.
A third tier education for only $400 less than NYU. All the price, none of the benefit, twice the "prestige".
Our school motto:
No...not NYU. New York Law School.
According to today's ABOVE THE LAW survey results of current BigLaw associates who responded to the survey.....32% are unable to meet their monthly billings aka annual billings.........guess that means we will see some of these responders on the "temp" lines....around say November-December, 2008.....right before bonuses are awarded........and so that 2009 books show the shedding....goes to partner profits, you know.
In the midst of a major financial crisis, Tom doesn't post in 5 days. Tom = epic fail.
Citibank signs massive deal to outsource mor jobs to Tata Consultants, one of India's top corporations.
Shocker Tom the Temp does nothing.
http://dealbreaker.com/2008/10/citi-sells-assets-while-you-sl.php#comments
Excuse me, but what exactly is a blogger about temp attorneys supposed to do about this?
Roach Boy you continue to be an idiot.
Is this financial massacre going to generate anything for us lowly folk or not?
Why is it every time I' m getting some sally on my stick she pulls her head up?
5:43. You have to break these women in correctly. They are not there for conversation and need to realize this.
It's by no means perfect, but its not a diploma mill. Our 2007 NY bar pass rate beat Fordham and St. Johns. School is what you make of it.
Touro is the worst. Loser faculty, and moving to the courts hasn't made an ounce of a differnce... The staff just sucks @ss!!!!! And the drama is pathetic... Profs cheatin' on there wives. Z that be you
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