Fannie Mae and Freddie Mac, Former Executives

Dec 9, 2008

U.S. House of Representatives House Committee Oversight and Government Reform

The House Oversight and Government Reform Committee held a hearing on the financial collapse of Fannie Mae and Freddie Mac, their takeover by the federal government and their role in the financial crisis. Former chief executive officers of the companies testified about company operations and decision making, electronic correspondence with risk .. Read More

The House Oversight and Government Reform Committee held a hearing on the financial collapse of Fannie Mae and Freddie Mac, their takeover by the federal government and their role in the financial crisis. Former chief executive officers of the companies testified about company operations and decision making, electronic correspondence with risk managers about investments in the subprime mortgage markets, and lessons learned from poor decisions about past investments.

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