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| Freddie Mac CEO Moffett Resigns After Six Months |
| 2009-03-03 |
| Freddie Mac Chief Executive Officer David Moffett resigned, six months after being tapped by regulators to lead the mortgage finance-company through its government-run conservatorship. Moffett, 57, "indicated that he wants to return to a role in the financial-services sector," and the company will name an interim CEO before March 13, McLean, Virginia-based Freddie said in a statement today. |
| Posted by:Fred |
| #4 So... does this entitle him to the Franklin Raines severance package? |
| Posted by: tu3031 2009-03-03 14:24 |
| #3 What if nobody wants his job? |
| Posted by: Anguper Hupomosing9418 2009-03-03 11:45 |
| #2 It wouldn't be another tax thingy would it now David? |
| Posted by: Procopius2k 2009-03-03 10:17 |
| #1 I guess that 500k and no bonus thing sort of sucks. Time for a change. Family and stuff. Bet you can buy the whole thing next year with your new company from some dipshit who takes over your job next week. |
| Posted by: rammer 2009-03-03 00:39 |