Even Wall Street gets it....

.....Tom Brown over at Bankstocks.com has an interesting perspective in his on-line newsletter.

In our experience, we find it unusual that an equity analyst would comment on a public policy issue as pigeon-holed as studend lending. Sure there's big Wall Street money at work here, but unusual nonetheless.

Tom basically says that Andrew Cuomo is correct in pointing out problems with the relationship between lenders and the school's preferred lender list. But Cuomo's solutions are hasty and likely to ulitmately perform a dis-service to the student borrower.

We find it curious that a highly trained equity analyst gets it, but dozens of journalists and elected Senators and Congressmen are focused on the political equity this issue garners.