Fannie CEO Williams to Resign

WJS ^ | 01/10/12 | By NICK TIMIRAOS

[Doogle]

Fannie Mae Chief Executive Michael J. Williams announced his resignation on Tuesday and said he would leave the company as soon as the mortgage-finance giant's board names a successor.

Mr. Williams was promoted to the top job at Fannie nearly two years ago, and became the second person to lead the company in the year following the government's 2008 takeover. His predecessor, Herb Allison, was installed in September 2008 but left the following April to oversee the Treasury Department's Troubled Asset Relief Program.

[Doogle]

...probably has a time limit on the truck rental he has for haulin cash out of DC.

[unixfox]

More RATS leaving the ship.

[whitedog57]

Look at these charts of the bubble and damage done by Clinton/Cuomo (and extended by Bush). Look carefully.

http://confoundedinterest.wordpress.com/2012/01/10/ezra-kleins-on-mortgage-modifications-and-the-perils-of-centrally-planned-housing-and-mortgage-markets/

Wouldn’t YOU leave town after looking at these charts?

[whitedog57]

Look at these charts of the bubble and damage done by Clinton/Cuomo (and extended by Bush). Look carefully.

http://confoundedinterest.wordpress.com/2012/01/10/ezra-kleins-on-mortgage-modifications-and-the-perils-of-centrally-planned-housing-and-mortgage-markets/

Wouldn’t YOU leave town after looking at these charts?

[Right Cal Gal]

I was wondering that myself - how much bonus money and goodies is this clown leaving with?

[Iron Munro]

He’s got his billion dollars tucked away so why stay?

[SuziQ]

Did he get a ‘golden parachute’?

[allen08gop]

Interesting side note. Heb Allison was his predecessor. The same guy appointed by Bill Daley to look into Obummer’s green loans.

http://en.wikipedia.org/wiki/Herbert_M._Allison

[SuziQ]

Did he get a ‘golden parachute’?

[Doogle]

‘golden parachute’

..he got the plane and airport too