tag:blogger.com,1999:blog-5194776.post113747833772126454..comments2023-11-05T23:25:31.498+11:00Comments on Wot Is It Good 4: cary katzUnknownnoreply@blogger.comBlogger63125tag:blogger.com,1999:blog-5194776.post-34876302958738769382010-02-19T18:00:23.397+11:002010-02-19T18:00:23.397+11:00Cary Katz is a backwoods Georgia hick who was luck...Cary Katz is a backwoods Georgia hick who was lucky enough to have a father who cut ethical corners and buy his boys into a business subsidized by the Republican party. That is why you see all of the contributions by Cary to the right wing nutcases. He can't operate a business in a fair and competitive environment; he needs to have the government guarantee him a return. He couldn't fail even if he tried to! He's a short, ugly dweeb with no personality or smarts. If he was born to Joe Schmoe he would be bagging groceries or fixing cars. He couldn't run a business that required smarts and hard work in a free market. I can only imagine what a jerk he would be to play poker with. He is all show and no substance and his character is sorely lacking honesty, humility and self-awareness. He's a waste of space and is widely loathed.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5194776.post-63387492413794239082010-02-14T04:24:01.565+11:002010-02-14T04:24:01.565+11:00I was laid off from CLC a few years ago right afte...I was laid off from CLC a few years ago right after New Years Eve. I asked HR why he did the lay offs then and not before Christmas. Heather Brown responded by saying Cary doesnt like to lay people off during the holidays. I talked to Cary a few times and hes a big douche. Everyone is afraid of the guy unless your a loan consultant. Everyone else kisses his ass.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5194776.post-42220406000620862012009-12-02T10:25:40.433+11:002009-12-02T10:25:40.433+11:00College Loan Corp.
San Diego, CA: (Jul-23-07) The ...College Loan Corp.<br />San Diego, CA: (Jul-23-07) The New York Attorney General's Office brought a lawsuit against College Loan Corp., a San Diego-based lender of student loans, alleging that the firm provided perks to schools that placed the firm on preferred lender lists. According to the office of Andrew Cuomo, the company offered various perks to school financial aid offices and gifts to their personnel so that the company would be selected as a preferred lender. Students taking out loans usually choose their lender from such lists. Among the perks were providing meals, entertainment and travel expenses to school financial aid officials; providing personnel to work for the financial aid offices during busy periods; and providing free printed materials to about 565 financial aid offices.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5194776.post-71206739425928702602009-11-02T15:27:58.230+11:002009-11-02T15:27:58.230+11:00This is the real story...Thanks for summing it up....This is the real story...Thanks for summing it up.<br /><br /><br /><br /><br />This is how the Katz family has made money off their massive repuglican "donations" (not by hard work and the sweat of their brow): Banks and other private companies lend money to students. The federal government pays part or all of the interest -- currently 7 or 8 percent. The government also guarantees the loans! No risk at all to the Katz! They can't lose! They're not the brightest tools in the shed and in fact, are derided as country bumpkins from Georgia that "daddy schooled real well in how to take money from Uncle Sam and the taxpayers.<br /><br />What is wrong with this picture? Well, the government itself borrows the odd nickel to finance the national debt. This borrowing, obviously, is also guaranteed by the government. For that reason, it carries an interest rate of only 3 or 4 percent. If the government can borrow money at 3 or 4 percent, why should it pay 7 or 8 percent for the privilege of guaranteeing loans to someone else? Wouldn't it make more sense for the government to lend the money itself?<br /><br />That is the $4 billion question (the approximate annual cost of the interest subsidy). And the answer is: Of course that would make more sense. It is what any level-headed businessperson would do. So, what is stopping the government from behaving like a level-headed businessperson? Not those head-in-the-clouds Democrats. It's Republicans, who adopted the student loan "industry" in its infancy, like a stray cat, and have nurtured and protected it ever since. There actually is a parallel student loan program that uses government funds. It was started in the early days of the Clinton administration. It costs less to operate, and it has not been tainted by scandal. But when the Republicans regained control of Congress in 1994, they pushed through a law forbidding the Education Department to encourage use of this program. As a result, direct federal loans account for only 25 percent of all student loans.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5194776.post-35888804996523689682009-11-02T15:01:26.337+11:002009-11-02T15:01:26.337+11:00Is that you Cary? I know you have more time on you...Is that you Cary? I know you have more time on your hands now that the money spigot has been shut off. You know your in deep when your writing a check for ten grand to the McCain/Palin campaign. Where is GOP now buddy? Its easy to gamble when your playing with dirty money. I might have played slightly different if If I had unlimited funds. Now why would I be bitter? Us liberals will leave that bitter part to the right. Great to see all you fucks stomping your feet. It will take a while for us to unravel the mess so strap yourself in its gonna be a long ride.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5194776.post-28783980183850949442009-11-01T05:22:54.797+11:002009-11-01T05:22:54.797+11:00I hear he placed 159th out of a field of almost 6,...I hear he placed 159th out of a field of almost 6,500 in the World Series of Poker.....must be a pretty good player. To the guy who sat with him for 12 hours -- what did you place? You sound like just another bitter liberal, if you ask me.....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5194776.post-79854113300769147592009-10-25T09:32:10.139+11:002009-10-25T09:32:10.139+11:00Cary Katz plays poker like he lives his life. I pl...Cary Katz plays poker like he lives his life. I played at The World Series Of Poker Main Event and I had the pleasure of playing with Mr. Katz for 12 hours. He started by questioning how I managed to pay the ten thousand dollar entry like he was better then me. Then he concluded after many questions that I was a democrat. He proceeded to needle me and another English player about our political choices and beliefs. He continued to praise George W Bush and you could see the fear in his eyes with new administration in power. After some investigation I see why he was so scared. I really enjoyed the message that read on his website.<br /><br />"Important Message<br />Due to the credit crisis, College Loan Corporation is not currently funding student loans. We are working diligently to secure new financing"<br /><br /><br />He cannot stand to sit and pick hands wisely. He played 90% of the hands dealt to him in hopes to catch hands to win. After paying ten grand and traveling to Las Vegas most players are careful and deliberate but not Cary. I have played with thousands of people in poker career but I will remember Cary Katz because he struck me as a greedy and arrogant snake. I guess if you can afford to donate fifty grand a year to benefit your business and greed this should not be a surprise. <br /><br />If anyone thinks that these donations were harmless they are crazy. After knowing him for twelve hours I couldn't be happier that his gravy train has run out.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5194776.post-52459232438820226892009-02-07T18:58:00.000+11:002009-02-07T18:58:00.000+11:00It's hard to be green with envie of a man like Car...It's hard to be green with envie of a man like Cary Katz. He may have money but he lacks personality and looks down on the people with no money. He is a lucky fake. Whoever said tht stuff that Cary Katz is a great man must be his mother. Anyone who knew him at work knows different.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5194776.post-10690251943739679132009-01-05T08:32:00.000+11:002009-01-05T08:32:00.000+11:00I laughed out loud when I saw someone call Cary Ka...I laughed out loud when I saw someone call Cary Katz a great man. You must be his mother because nobody at College Loan thinks that. I don't know about the other poster but I got a better job within weeks at 20k more a year.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5194776.post-27046231664144023702009-01-04T16:28:00.000+11:002009-01-04T16:28:00.000+11:00Why would Cary need to buy his dignity, morals and...Why would Cary need to buy his dignity, morals and reputation back? Back from what? He never lost those attributes. He is a great man; he was great to work for and some of us are taking it harder than others because we lost our jobs. Two words: Poor Loser. Get another job and move on with your life. You are so green with envy that Cary is, was and will be again an extremely successful businessman.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5194776.post-47519340912199076332008-12-31T14:24:00.000+11:002008-12-31T14:24:00.000+11:00According to www.campaignmoney.com/political/contr...According to www.campaignmoney.com/political/contributions Cary Katz is desperately trying to buy influence within the Republican circles. This year alone he's donated $48,000 to Republicans. No matter what Cary spends he won't be able to buy his dignity, morals or reputation back. Karma dude, karma. Enjoy your dirty money from buying off politicians in the past Katz. Money cant buy you happiness or class.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5194776.post-64896781327161060362008-12-31T12:08:00.000+11:002008-12-31T12:08:00.000+11:00One wordGREEDOne word<BR/><BR/><BR/>GREEDAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5194776.post-65588540774456461382008-12-14T03:23:00.000+11:002008-12-14T03:23:00.000+11:00Look on the bright side. We worked for a celebrit...Look on the bright side. We worked for a celebrity. The Emperor Who Had No Clothes.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5194776.post-67983827543300936362008-12-07T05:33:00.000+11:002008-12-07T05:33:00.000+11:00I don't know who you bashing loser douche bags are...I don't know who you bashing loser douche bags are but obviously you don't know the Katz' family.I drank many a beer and hung out with Cary,bro Ryan,dad Marcus.Nobody ever even heard of the fucking Plus Loan when Marcus started NELC .People were thrilled.Marcus is a genious and little ecentric because of it.But he is a thinker,an innovator.Cary too.If there was ever a party at EFG ,everyone who worked at EFG (Marcus old company)was invited,Labreche,a loan consultant at the time and then a mgr had a loft downtown where we could go party for the downtown gigs like superbowl or street scene.We were like a family. CLC (Cary)and SLCC(Goal)-Mathison and I were the first employees at SLCC These companies were started as family companies by small owners who happened to have a pot to piss in because Marcus and Cary were basically able to sell UICI and few rooms full of computers and phones to UICI so they could close it down because we (the salespeople) were so freakin good we were making an impact and scaring people in the industry.Marcus didn't lose the right to work in the industry,he just pissed off the schools by sending the parents applications for the Plus and Stafford directly and the scumbag financial aid directors had a harder time getting kickbacks from SLMA and the like. <BR/>My wife was the first person probably to do a consolidation for UICI at 8.25%,that was after Cary left and frankly,no one else would deal with them.Cary started CLC and did some Plus loans and struggled,but when interest rates went down.He came up with Consolidation,either he ,Marcus,or Ryan did anyway.CLC,SLCC and a hell of a lot of other companies made bank.As for them not being too intelligent,I'd disagree.Let Marcus explain his theory on Baccarrat to you or try a fantasy football or baseball league with Cary and see how you do .We probably made more than we were worth,had Christmas parties at the finest locations ,I remember walking out of the elevator into a casino when Marcus had one at the U.S. Grant,the night I met my wife.A CLC PADRES suite for CHRISSAKE for ALL of the employees.A golf tourney which was always a wonderfully drunken melee',softball team,we could play darts and putt in the office(Goal too)hour lunch at anytime,stretching it at the Brigantine. I had a write up file 3 inches thick ,which Brooks showed me(he was cool by the way)and I got paid through November,2007,with a generous severance. Brooks left me alone as a mgr,just like Carla,who by the way,in my eyes,and the eyes of many,the perfect mgr.I also must say that anyone can bash with the name anonymous,obviously you backstabbing douches are hoping you can go back and work for the Katz' in the future.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5194776.post-488720499587891932008-11-15T17:49:00.000+11:002008-11-15T17:49:00.000+11:00Cary Katz screwed the little guy. We were pawns, ...Cary Katz screwed the little guy. We were pawns, small bugs he could care less if he squashed. Selfish.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5194776.post-1290095701302465522008-11-15T09:10:00.000+11:002008-11-15T09:10:00.000+11:00Oh I appreciated the company and the job but I don...Oh I appreciated the company and the job but I don't really think Cary Katz had as much to do with the success of the company than a lot of other people. He got lucky. I think he went along for the ride like many of us. The difference is he gets to live in the Katz Castle and lay off us peons while he continues to lie and say things are good. Another employee friend of mine saw the house and said it is fit for a king that Cary thinks he is. <BR/><BR/>If I don't even hear the term town hall I will be better off. Now I have to find a job before my severance runs out.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5194776.post-68571279904307080942008-11-13T13:25:00.000+11:002008-11-13T13:25:00.000+11:00In a few months, when you see how tough the job ma...In a few months, when you see how tough the job market is, I'm saying you may then appreciate that you were employed by CLC as long as you were. Mabye not. I was laid off in February. <BR/><BR/>I'm not arguing the point that he blew hot air repeatedly in the meetings. I wish he would have just been frank about the situation too - he lost a lot of respect because of that.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5194776.post-75287934656453626442008-11-13T06:12:00.000+11:002008-11-13T06:12:00.000+11:00What am I waiting a few months for? He lied to us...What am I waiting a few months for? He lied to us. Over and over and over and over. How many more times can someone stomach his town hall lies? I don't hate the man. Just have no respect for him.<BR/><BR/>I'll bet you still work for the company.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5194776.post-82848403166195520522008-11-12T13:45:00.000+11:002008-11-12T13:45:00.000+11:00Sorry you got the boot today, but wait a few month...Sorry you got the boot today, but wait a few months and you may eat your words. Hating the man that paid your mortgage, car payment and everything else for the last x years seems strange to me. Many of us have been struggling since we left and you should be thankful that you got to ride along with Cary as long as you did, IMO.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5194776.post-2005525778824226592008-11-12T11:36:00.000+11:002008-11-12T11:36:00.000+11:00Whoops. I spoke to soon. Me and half the remaini...Whoops. I spoke to soon. Me and half the remaining company were booted today. I guess I won't have to deal with the continual lies of our master. I guess that growth you talked about is another lie ha Mr. Katz. Everyone says you are rich. I hope you can sleep at night because it was us little guys you screwed. Yo say it was the politicians. I say it was you.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5194776.post-13621360573665020842008-11-12T06:01:00.000+11:002008-11-12T06:01:00.000+11:00I am"lucky" enough to be one of the survivors. Ca...I am"lucky" enough to be one of the survivors. Cary Katz lips continue to move but nothing real comes out. The industry has had tough times but this man has run the company into the ground. I am sick of being lied to. I agree with the past poster that he has sold his sole to the devil. You should see how some of his "boys" suck up to him. Michael Boyd is a horrible leader yet he must be brownnosing Cary. Once I find a job at even 75% of the pay, I am GONE!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5194776.post-29251783791395971382008-11-06T14:38:00.000+11:002008-11-06T14:38:00.000+11:00He has no shame. The man's soul was replaced by do...He has no shame. The man's soul was replaced by dollar bills a long time ago.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5194776.post-76326229697296869942008-10-27T14:13:00.000+11:002008-10-27T14:13:00.000+11:00Cary Katz should be ashamed of himself. Many have...Cary Katz should be ashamed of himself. Many have suffered.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5194776.post-18992469431388586342008-08-16T09:39:00.000+10:002008-08-16T09:39:00.000+10:00... and what happened with Education Finance Partn...... and what happened with Education Finance Partners today?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5194776.post-4271804354790692522008-08-07T05:35:00.000+10:002008-08-07T05:35:00.000+10:00I have been reading these for some time and refrai...I have been reading these for some time and refrained from making any remarks but some things people say are just untrue. For the record, I was one of the persons let go and I still strongly disagree with the decision. However, to characterize Cary as uncaring or someone that made money unethically is simply untrue. I am quite sure he loses sleep over what has happened to the company. Do I agree with all his decisions? No. Do I think he was out to make money? Of course, that is what business is about but he also treated his employees well most times and certainly built a company that was pro consumer. No, the benefits weren't stellar but no benefits companies offered were great. They are all done for marketing.<BR/><BR/>In the end, everything that went down sucks but whoever says he did something unethically is, in my opinion, speaking from emotion and not fact.Anonymousnoreply@blogger.com