Mustang tapped as new CEO of Freddie Mac

MrMustang1965 · Post by **MrMustang1965** » Wed Sep 10, 2008 10:53 am

U.S. Treasury Secretary Henry Paulson named David M. Moffett the new chief executive officer on Sunday as part of the Treasury Department's takeover of the Virginia-based mortgage giant.

The 56-year-old Moffett is the former vice chairman of US Bancorp.

Moffett holds degrees from the University of Oklahoma and Southern Methodist University.

smupony94 · Post by **smupony94** » Wed Sep 10, 2008 11:01 am

Doubt he gets the same pay packages like his predecessors

couch 'em · Post by **couch 'em** » Wed Sep 10, 2008 11:32 am

circle of champions?

smupony94 · Post by **smupony94** » Wed Sep 10, 2008 11:40 am

couch 'em wrote:circle of champions?

He works for the government now. No stock grants anymore

SMU 86 · Post by **SMU 86** » Wed Sep 10, 2008 10:58 pm

couch 'em wrote:circle of champions?

He definitely has the personal funds to write a big check to us.

RushStPony · Post by **RushStPony** » Thu Sep 11, 2008 10:39 pm

SMU 86 wrote:
couch 'em wrote:circle of champions?
He definitely has the personal funds to write a big check to us.

How do you know he hasn't?

MustangLaxer · Post by **MustangLaxer** » Thu Oct 09, 2008 1:03 pm

because there is no moffett building...

Dooby · Post by **Dooby** » Sat Oct 11, 2008 10:28 am

Freddie Mac employees stil get paid well; buddy at FNMA just got a retention bonus.