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CEOWORLD Magazine (Free subscription) | 30/10/2008
Former Fannie Mae CEO Daniel Mudd wished he said “no” to more of the things the company was asked to do, he told the Wall Street Journal in an interview. Excerpts from the interview: Question: Fannie was supposed to be a rock of stability in troubled times. What went wrong? Mudd: Actually, Fannie Mae was chartered by Congress [...]
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DealBreaker (Free subscription) | 30/10/2008
... notion of uttering "no" seems a far away and naive fantasy. So, we sympathize with Harvard Alum Mudd. Crossing the line was probably hard, but once past, your legs are in the air more often and for less and less than you bargained for. Everyone is doing it, you know. But, when the gig is up, the campaign lost, the soldiers packed up and headed back to their war brides, or fled back to friendly...
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On the BorderLine (Free subscription) | 25/11/2008
... bankruptcy five days later. In an interview dated July 17, 2008 with Judy Woodruff, Fannie Mae CEO Daniel Mudd states, “Fannie Mae is very financially sound. We have the highest capital classification. Capital is the amount we have to buffer any potential losses. We have a very high classification from our regulator, more capital than we’ve had at any point in our history.” In less...
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e-findthat (Free subscription) | 16/11/2008
... your hips. When your investment files a Partial Claim, the U. Fannie Mae Chief Executive Officer Daniel Mudd ge universal remote codes housing life will be beyond good year, tting down door prices and including credit websites. If you. tobesure.info/global insurance/ge universal remote codes Ge Universal Remote Codes. Panasonic manuals replacement panasonic controls and Ge universal...
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USA Today (Free subscription) | 14/11/2008
The decision to give up his exit package, worth three times his annual pay and bonus, comes as golden parachutes are under attack, especially those at companies receiving bailout money. The government denied exit packages to Daniel Mudd and Richard Syron, the departing CEOs of Fannie Mae and Freddie Mac. Under pressure, AIG has frozen the $19 million it owes former CEO Martin Sullivan....
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Deseret Morning News (Free subscription) | 10/11/2008
... and chief executive of retirement fund manager TIAA-CREF. Fannie Mae's former top executive, Daniel Mudd, was ousted as part of the government takeover.Fannie Mae and Freddie Mac, which own or guarantee around half of U.S. home loans, operate in a conservatorship that enables the government to inject up to $100 billion in each company in exchange for ownership stakes of almost 80...
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Los Angeles Times (Free subscription) | 10/11/2008
Allison, installed when the government took over Fannie and smaller rival Freddie Mac, reduced most of Fannie's deferred tax credits, increased default estimates and said credit losses will increase. The decisions cut the company's net worth by 79% and show the new management is taking a dimmer view of Fannie's financial future than the team under former CEO Daniel Mudd."The earnings...
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New York Post (Free subscription) | 06/11/2008
... gourmet kitchen, an office and a formal dining room. Neighbors include former Fannie Mae CEO Daniel Mudd and the ex-wife of Mudd's predecessor, Franklin Raines.
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QandO (Free subscription) | 30/10/2008
W hile Congress continues to relentlessly attempt to put the blame for the financial meltdown on Wall Street and "deregulation", and lost in the hype of a presidential election, the truth of the matter continues to dribble out: Former Fannie Mae Chief Executive Daniel Mudd wished he said "no" to more of the things the company was asked to do, he told the Wall Street Journal in an interview....
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Reuters (Free subscription) | 30/10/2008
(Reuters) - Former Fannie Mae Chief Executive Daniel Mudd wished he said "no" to more of the things the company was asked to do, he told the Wall Street Journal in an interview.