News - Richard F. Syron
MCLEAN, Va., Sept. 26, 2011 /PRNewswire/ -- Freddie Mac (OTC: FMCC) released today its U.S.
The board of U.S. mortgage giant Freddie Mac has called on Charles Haldeman Jr. to serve as its chief executive officer, a source close to the company said. Haldeman is the chairman of the board at Putnam Investment Management LLC in Boston. His appointment to lead the Federal Loan Mortgage Corp.
The economic crisis came into sharp focus Wednesday with the death of a top executive at the Federal Home Loan Mortgage Corp. In contrast to the Great Depression when lost fortunes triggered a rash of suicides on Wall Street, the current economic tailspin has had few reminders of the enormous pressures executives face trying to heft the burden of corporate earnings on human shoulders. No doubt, political sentiment has shifted toward the little guy.
