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Featured Careers Article

Former CFOs to Lead Fannie, Freddie

September 8, 2008

A pair of one-time finance chiefs are tapped to lead the failing mortgage lenders out of the dark.

When Treasury Secretary Henry Paulson orchestrated the government's historic takeover of Fannie Mae and Freddie Mac, he tapped two individual with strong finance backgrounds to head up the two government-sponsored enterprises (GSE). Herb Allison will be in charge of Fannie Mae, while David Moffett will be the top executive at Freddie Mac.

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