Two slips for Sallie Mae

According to The Wall Street Journal, Sallie Mae CEO Albert Lord sadly attempted a joke - "I can assure you, you will be going through a metal detector" - during a rocky conference call with investors that ended with what seemed to be an earth-quake: "Let's go. There's no questions. Let's get the [expletive] out of here."

According to The Wall Street Journal, Sallie Mae CEO Albert Lord sadly attempted a joke - "I can assure you, you will be going through a metal detector" - during a rocky conference call with investors that ended with what seemed to be an earth-quake: "Let's go. There's no questions. Let's get the [expletive] out of here."

The Consumerist reports that the “expletive” was “fuck,” and Sallie Mae spokesman Tom Joyce said the call had been intended for Mr. Lord, in his new role, to give investors a "broad overview" of the company's situation, and the expletive was "an unfortunate slip of the tongue.” The slip was so unfortunate that it may have contributed to the 21% fall in Sallie Mae shares that came soon after.

The New York Times reports that the call, as a whole, underscored the troubles plaguing Sallie Mae.

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