Monday, March 2, 2009

Moffett quits as CEO of Freddie Mac

(WASHINGTON) The top executive of Freddie Mac is quitting after less than six months on the job as the company continues to bleed from mortgage losses and plans to ask the government for up to US$35 billion in additional aid.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,321764,00.html?

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