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Volume 7 - Number 18 | September 3, 2008
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Fannie’s Board Doesn’t Play the Mudd Card, Yet

The continual pounding Fannie Mae has suffered to its bottom line has caused some heads to roll in the executive suite, with the board of directors siding with President and CEO Dan Mudd for the time being. Last week, Fannie announced it was moving out three top executives and replacing them with three professionals from within the organization, effectively immediately. Ousted was...

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