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IPFS News Link • Economy - Economics USA

Treasury Plans to Tap Fannie Mae Chief to Run Bailout

• Washington Post
The Treasury Department is moving closer to naming Fannie Mae chief executive Herbert M. Allison Jr. to run its financial recovery program, according to people familiar with the matter. Allison, who has led Fannie Mae since the government

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Comment by Richard Stone
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Great idea ! Hire the fox to guard the hen house, only our great government could come up with this this insane idea. I wonder how much of a kick back will be paid. More from the CYA culture of greed and corruption in Washington.