I wonder what he knew that he couldn't live with...or that other people couldn't live with.
There are LOTS of powerful politicians that had their hands in FM and FM.
just like the episode on "24" this past monday, Jonas Hodges (Jon Voight), CEO of Starkwood takes a red pill to induce a cardiac arrest. The drug is undetectable.
The Treasury Department will have to sign off on the new hire and the salary. And any CEO will have to take a lot of marching orders from regulators.
“You’re basically being told what to do,” said Guy Cecala, publisher of Inside Mortgage Finance, a trade publication in Bethesda, Md. “I’m not sure that there’s any management being done.”
Together, Fannie and Freddie own or guarantee almost 31 million home loans worth about $5.5 trillion. That’s more than half of all U.S home mortgages.
Since the government takeover, “their mission has changed dramatically,” said Bert Ely, an Alexandria, Va.-based banking industry consultant and a longtime critic of the two companies. “It’s increasingly an arm of the federal government.”