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In reply to the discussion: Cowards. [View all]ProSense
(116,464 posts)5. A lot of people have no idea what's going on
Today the President made a proposal regarding Fannie and Freddie (http://www.democraticunderground.com/10023418130), and people have no idea these are private entities.
Fannie, Freddie execs score $100 million payday
http://money.cnn.com/2011/11/15/news/companies/fannie_freddie_executive_pay/
Here is the current CEO:
Timothy J. Mayopoulos is Fannie Mae's president and chief executive officer (CEO), and a member of the company's Board of Directors.
As President and CEO, Mr. Mayopoulos is focused on ensuring that the company continues to manage its legacy issues effectively, while driving the companys contributions to creating a better housing finance system for the future. Under his leadership, Fannie Mae will continue to play an essential role in funding the market, assisting troubled homeowners, strengthening communities, and repaying taxpayers investment in the company.
Mr. Mayopoulos brings more than 25 years of experience to his leadership post. He joined Fannie Mae in April 2009 as executive vice president, general counsel, and corporate secretary and was appointed chief administrative officer in 2010. Prior to joining Fannie Mae, Mr. Mayopoulos was executive vice president and general counsel of Bank of America Corporation. Previously, he served in senior management roles at Deutsche Bank AG, Credit Suisse First Boston, and Donaldson, Lufkin & Jenrette, Inc. Earlier in his career, Mr. Mayopoulos was in private practice. He is a graduate of Cornell University and the New York University School of Law.
http://www.fanniemae.com/portal/about-us/company-overview/leadership/mayopoulos.html#
As President and CEO, Mr. Mayopoulos is focused on ensuring that the company continues to manage its legacy issues effectively, while driving the companys contributions to creating a better housing finance system for the future. Under his leadership, Fannie Mae will continue to play an essential role in funding the market, assisting troubled homeowners, strengthening communities, and repaying taxpayers investment in the company.
Mr. Mayopoulos brings more than 25 years of experience to his leadership post. He joined Fannie Mae in April 2009 as executive vice president, general counsel, and corporate secretary and was appointed chief administrative officer in 2010. Prior to joining Fannie Mae, Mr. Mayopoulos was executive vice president and general counsel of Bank of America Corporation. Previously, he served in senior management roles at Deutsche Bank AG, Credit Suisse First Boston, and Donaldson, Lufkin & Jenrette, Inc. Earlier in his career, Mr. Mayopoulos was in private practice. He is a graduate of Cornell University and the New York University School of Law.
http://www.fanniemae.com/portal/about-us/company-overview/leadership/mayopoulos.html#
FACT SHEET: A Better Bargain for the Middle Class: Housing
http://www.democraticunderground.com/10023418130
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When the will of the people is so clearly NOT the action of the govt, democracy it is not.
Civilization2
Aug 2013
#15
When $16 Trillion poured into the banks and no one asked "Where'd the money go that was there?''...
Octafish
Aug 2013
#16
You should make this an OP. No hyperbole, no irrational hatred, just facts.
nomorenomore08
Aug 2013
#36
BULLLLLLLLLLLLLLLLLLLLLLLLL SHIT!! You point out exceptions and not the rule but who gives
uponit7771
Aug 2013
#43
The people reading this thread can believe the testimony delivered by someone...
bvar22
Aug 2013
#45
..again, the exception but I'm supposed to listen to this kind of shit and consider how evil Obama
uponit7771
Aug 2013
#49
I agree wholeheartedly with getting out the vote in 2014. And I'll still vote Dem because there's no
nomorenomore08
Aug 2013
#35