Top Official Steps Down at Sallie Mae, While Its Leader Ponders Big Gift to Smithsonian

When Sallie Mae, the country's largest financer of student loans, purchased USA Group last June, officials at the two companies portrayed it as a merger of two equals rather than a takeover of the nation's largest guarantee agency by Sallie Mae.

To demonstrate this, Albert L. Lord, Sallie Mae's chief executive officer, cited his hiring of James C. Lintzenich, USA Group's chief executive, to be one of Sallie Mae's two presidents and the company's chief

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