"First Marblehead Corp., which packages student loans for sale to investors, said Thursday the volume of loans it had available for that activity dropped 66 percent in the fiscal fourth quarter," the Associated Press reports. "The troubles have sent First Marblehead's shares plunging from around $40 last fall. In April an organization called The Education Resources Institute, or TERI, which provided guarantees to bond investors for billions in private student loans, filed for bankruptcy protection - a move that shifted credit risk back to First Marblehead."