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Fannie Mae names general counsel Timothy Mayopoulos as its next CEO. Mayopoulos has an...

  • Tuesday, June 5, 2012, 5:00 PM ET
    Fannie Mae names general counsel Timothy Mayopoulos as its next CEO. Mayopoulos has an interesting story - he was fired from BofA on the eve of its takeover of Merrill to make way for Brian Moynihan; he now will have a hand in policy regarding put-backs of punk mortgages to or purchases of new ones from the bank.
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    Yet another incestuous relationship between regulators and the bankers.
    5 Jun 2012, 05:10 PM Reply Like
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