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Meet Herb Allison, Fannie Mae’s New CEO

  • 9/8/08 at 5:42 PM
Meet Herb Allison, Fannie Mae’s New CEO

Photo: nytimes.com

"After joining TIAA-Cref, Mr. Allison fired 500 employees, or about 8 percent of the work force, in a round of cutbacks that employees nicknamed Herbicides." Yikes. [NYT]

Earlier: The For-Idiots, By-Idiots Guide to the Fannie Mae/Freddie Mac Bailout

By: Jessica Pressler Filed Under: white men with money, business, economics, fannie mae, federal reserve, finance, freddie mac, herb alison, john mccain, politics, tiaa-cref
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Senior Editors
Chris Rovzar and Jessica Pressler
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