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kpete
(1000+ posts)
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Mon Mar-02-09 04:11 PM Original message |
| Chief of Freddie Mac Resigns |  |
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Source: New York Times
Chief of Freddie Mac Resigns By THE NEW YORK TIMES Published: March 2, 2009 The struggling mortgage lending giant Freddie Mac said Monday that its chief executive, David M. Moffett, is resigning effective March 12. The board, in a statement, said it was working with its regulatory overseer, the Federal Housing Finance Agency, to find a successor. The board, in a statement, said it was working with its regulatory overseer, the Federal Housing Finance Agency, to find a successor. Freddie Mac and its larger sibling, Fannie Mae, were both taken over by the federal government in September amid losses because of a decline in the value of their holding, receiving a lifeline of $200 billion. In a statement, Freddie Mac said that Mr. Moffett had indicated that he wanted to return to a role in the financial services sector Read more: http://www.nytimes.com/2009/03/03/business/03freddie.ht... |
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Replies to this thread |
 
moffett's looking for another financial entity to take down? eom |
ellenfl | Mar-02-09 04:25 PM | #1 |
 
I think Citigroup might need him....LOL if not. |
JayMusgrove | Mar-02-09 04:29 PM | #2 |
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I don't believe that employees ever get free burgers and fries |
lapfog_1 | Mar-02-09 06:03 PM | #4 |
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HSBC would be a good place for him to go. |
sarcasmo | Mar-03-09 05:50 AM | #5 |
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Take the money and run..... |
Speciesamused | Mar-02-09 05:01 PM | #3 |
| ellenfl
(1000+ posts)
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Mon Mar-02-09 04:25 PM Response to Original message |
| 1. moffett's looking for another financial entity to take down? eom |
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| JayMusgrove
(1000+ posts)
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Mon Mar-02-09 04:29 PM Response to Reply #1 |
| 2. I think Citigroup might need him....LOL if not. |
 |
they are hiring for the second shift at my local McDonalds, $7.90 an hour from 2 to 10 PM, but you get free burgers and fries while on break.
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| lapfog_1
(1000+ posts)
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Mon Mar-02-09 06:03 PM Response to Reply #2 |
| 4. I don't believe that employees ever get free burgers and fries |
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at MickeyDs anymore. Corporate policy. I could be mistaken, but that was the policy at a local McDonalds.
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| sarcasmo
(1000+ posts)
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Tue Mar-03-09 05:50 AM Response to Reply #2 |
| 5. HSBC would be a good place for him to go. |
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| Speciesamused
(286 posts)
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Mon Mar-02-09 05:01 PM Response to Original message |
| 3. Take the money and run..... |
 |
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| DU
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Wed Feb 10th 2010, 11:36 AM Response to Original message |
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