I finished my review and posted my (rather lengthy) two-cents about all this, where we are and where we're headed, over on Go4reward's forum. I agree, looks the 'tin cup' will hafta be a-rattling about June or so. Break point would have been late May except for the insurance settlement that came in. That $1.7 million could-a propelled them into July near August. But they seem to be 'gifting' much of it via all the lender spiffs we've seen recently. My work is posted here:
One thing I missed (pg 35): "As of December 31, 2010, the Company has entered into 32 consent order agreements pursuant to the
NASAA settlement term sheet and has paid an aggregate of $428,737 in penalties." That's +5 states and $72,000 during 2010. As of December 31, 2009, the score was 27 and $356,555.